OVL vs. DALI ETF Comparison
Comparison of Overlay Shares Large Cap Equity ETF (OVL) to First Trust DorseyWright DALI 1 ETF (DALI)
OVL
Overlay Shares Large Cap Equity ETF
OVL Description
The investment seeks total return. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large cap equity securities or directly in the securities held by such ETFs and (ii) selling and purchasing listed short-term put options to generate income to the fund.
Grade (RS Rating)
Last Trade
$45.56
Average Daily Volume
45,664
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
DALI
First Trust DorseyWright DALI 1 ETF
DALI Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq Dorsey Wright DALI 1 Index. Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index has been designed based upon the principle that the asset class exhibiting the highest levels of "relative strength," based on current prices, will be the asset class with the best performance over the near term. It is non-diversified.Grade (RS Rating)
Last Trade
$25.16
Average Daily Volume
4,253
Number of Holdings
*
4
* may have additional holdings in another (foreign) market
Performance
Period | OVL | DALI |
---|---|---|
30 Days | -0.22% | 0.83% |
60 Days | 1.01% | 2.23% |
90 Days | 7.91% | 10.69% |
12 Months | 38.35% | 10.77% |
0 Overlapping Holdings
Symbol | Grade | Weight in OVL | Weight in DALI | Overlap |
---|
OVL Overweight 1 Positions Relative to DALI
Symbol | Grade | Weight | |
---|---|---|---|
VOO | B | 99.99% |
OVL: Top Represented Industries & Keywords
Industries:
DALI: Top Represented Industries & Keywords