---
ticker: "OVL"
name: "Overlay Shares Large Cap Equity ETF"
url: "https://etf.net/etf/OVL"
grade: "B"
score: 58
graded_at: "2026-10-12"
category: "S&P 500 Option Income"
category_rank: "25 of 52"
methodology: "https://etf.net/methodology"
---

# OVL: Overlay Shares Large Cap Equity ETF

Grade **B**, Score 58 of 100. Rank 25 of 52 in S&P 500 Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 31 | 34 of 52 |
| Mission | 100 | 1 of 35 |
| Risk | 29 | 42 of 52 |
| Tradability | 84 | 4 of 52 |
| Holdings | 38 | 33 of 41 |
| Durability | 70 | 11 of 52 |

## Top holdings

The fund holds 1 positions. These are the largest 1, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | VOO | Vanguard S&P 500 ETF | 100.00% |

Source: etf.net, https://etf.net/etf/OVL. Please cite the page URL.