OVM vs. GDXD ETF Comparison
Comparison of Overlay Shares Municipal Bond ETF (OVM) to MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD)
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
$22.27
Average Daily Volume
7,786
1
GDXD
MicroSectors Gold Miners -3X Inverse Leveraged ETNs
GDXD Description
The investment seeks the return on the notes is linked to a three times leveraged participation in the daily inverse performance of the S-Network MicroSectorsTM Gold Miners Index.The index is a total return index that tracks the performance of two exchange traded funds, the VanEck Vectors® Gold Miners ETF (the ?GDX?) and the VanEck Vectors® Junior Gold Miners ETF (the ?GDXJ?).Grade (RS Rating)
Last Trade
$13.11
Average Daily Volume
1,203,472
1
Performance
| Period | OVM | GDXD |
|---|---|---|
| 30 Days | 1.25% | 35.29% |
| 60 Days | -0.17% | 3.88% |
| 90 Days | 0.54% | -7.81% |
| 12 Months | 7.36% | -75.81% |
0 Overlapping Holdings
| Symbol | Grade | Weight in OVM | Weight in GDXD | Overlap |
|---|
OVM Overweight 1 Positions Relative to GDXD
| Symbol | Grade | Weight | |
|---|---|---|---|
| MUB | C | 99.92% |
OVM Underweight 1 Positions Relative to GDXD
| Symbol | Grade | Weight | |
|---|---|---|---|
| GDX | D | -73.05% |
OVM: Top Represented Industries & Keywords
GDXD: Top Represented Industries & Keywords
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