OVM vs. BNDW ETF Comparison
Comparison of Overlay Shares Municipal Bond ETF (OVM) to Vanguard Total World Bond ETF (BNDW)
OVM
Overlay Shares Municipal Bond ETF
OVM 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 investment grade municipal bonds and below investment grade municipal bonds 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
$21.80
Average Daily Volume
8,333
1
BNDW
Vanguard Total World Bond ETF
BNDW Description
The investment seeks to track the performance of the Bloomberg Barclays Global Aggregate Float Adjusted Composite Index that measures the investment return of investment-grade U.S. bonds and investment-grade non-U.S. dollar-denominated bonds. The advisor intends to obtain its exposure to the bonds held in the index by investing all, or substantially all, of its assets in two Vanguard bond index ETFs (underlying funds), rather than in individual securities held in the index. The index is designed to track the market capitalized weights of the global investment-grade bond market.Grade (RS Rating)
Last Trade
$67.67
Average Daily Volume
55,092
2
Performance
| Period | OVM | BNDW |
|---|---|---|
| 30 Days | -1.13% | -0.37% |
| 60 Days | -1.53% | -0.09% |
| 90 Days | -0.67% | -0.64% |
| 12 Months | 2.37% | 1.71% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OVM | Weight in BNDW | Overlap |
|---|
OVM Overweight 1 Positions Relative to BNDW
| Symbol | Grade | Weight | |
|---|---|---|---|
| MUB | B | 99.89% |
OVM: Top Represented Industries & Keywords
BNDW: Top Represented Industries & Keywords
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