An investor disclosed buying the little-known Overlay Shares Large Cap Equity ETF (OVL), which has returned 10.5% over the past 12 months.
The investor stated that OVL has generated an average annual total return of 17.2% since its inception in 2019, outperforming the S&P 500 (16.2%) and the Schwab U.S. Dividend Equity ETF (SCHD) (13.8%). OVL is an actively managed fund that generates income through an options overlay strategy (selling put options), with $411 million in assets under management and an expense ratio of 0.79%. The investor also holds SCHD, which has a 12-month return of 3.1%.
Source:Yahoo财经 · Source Link
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