Overlay Shares ETFs: record by period

Record

7 funds with a full year

Overlay Shares’ 1-Year Record

7 of 7 Made Money0 lostOverlay Shares typical +4.2% · All ETFs +5.4%

Made money · 7

More than 30%0

20–30%0

10–20%3BestOVS+18.3%

5–10%0

0–5%4

Lost money · 0

0–5%0

5–10%0

More than 10%0

Overlay Shares ETFs · past-year returns · 7 funds with a full year · as of Nov 6, 2026

Overlay Shares’ Returns by Bucket

BucketYTD1YMoney made

US stocks3 funds · $681M+8.8%+10.2%$62.4M

International1 fund · $67.5M+7.7%+12.0%$7.2M

Bonds & cash3 funds · $157M+1.5%+3.0%$4.5M

Income1 fund · $23.6M[…][…][…]

Overlay Shares ETFs by bucket · asset-weighted returns · money made is an estimate: AUM × return · Nov 6, 2026

Overlay Shares’ Best ETFs

YTD

+15.6%OVS, Overlay Small Cap Equity, led Overlay Shares

1OVSOverlay Small Cap Equity+15.6%

2OVLOverlay Large Cap Equity+9.1%

3OVFOverlay Foreign Equity+7.7%

4OVLHOverlay Hedged Large Cap Equity+4.3%

5OVMOverlay Municipal Bond+2.0%

6OVTOverlay Short Term Bond+1.5%

7OVBOverlay Core Bond+1.0%

Overlay Shares ETFs · year-to-date returns · as of Nov 6, 2026

Overlay Shares’ Worst ETFs

YTD

No Overlay Shares fund is down this year.

Overlay Shares ETFs · year-to-date returns · as of Nov 6, 2026

Overlay Shares’ ETF Returns

YTD

7–0up · down this year
of 7 funds that traded Jan 1

Funds per 5-point band of YTD return (%). 1 is a 2026 launch.

Typical+4.3%

BestOVS +15.6%

WorstOVB +1.0%

Overlay Shares ETFs · year-to-date returns · as of Nov 6, 2026

Top 7 Overlay Shares ETFs

OVS+18.3%

OVF+12.0%

OVL+10.7%

OVLH+4.2%

OVT+3.4%

OVM+3.0%

OVB+2.3%

Best first · dashed line = Overlay Shares typical +4.2%

Overlay Shares ETFs · past-year returns · as of Nov 6, 2026

Overlay Shares’ Money Made

$74.1Mmade by the 7 largest · 100% of $74.1M

Overlay Shares ETFs · past-year money made · as of Nov 6, 2026 · estimate: AUM × return

Overlay Shares’ Best and Worst ETFs

Best 5 of 7

OVSOverlay Small Cap Equity+18.3%

OVFOverlay Foreign Equity+12.0%

OVLOverlay Large Cap Equity+10.7%

OVLHOverlay Hedged Large Cap Equity+4.2%

OVTOverlay Short Term Bond+3.4%

Worst 2 of 7

OVBOverlay Core Bond+2.3%

OVMOverlay Municipal Bond+3.0%

End-of-day Nov 6, 2026 · funds with a full year

Overlay Shares’ Record by Bucket

US stocks3 of 3

Bonds & cash3 of 3

International1 of 1

Overlay Shares ETFs · past-year returns · as of Nov 6, 2026

Money Made by ETF Issuers

$1.27Tmade by all US ETFs · an estimate

#IssuerMade

1Vanguard$376B

2iShares$326B

3SPDR$188B

4Schwab$77.5B

5Invesco$73.0B

End-of-day Nov 6, 2026

Overlay Shares’ Losing ETFs

0funds lost money

Overlay Shares ETFs · past-year returns · as of Nov 6, 2026 · worst first

Overlay Shares’ Newest ETFs

1fund not in the record yet

First 1Y onFunds

Oct 23, 2027OVQ

A fund joins Win % and typical return once it has a full year of prices.

Overlay Shares ETFs · launched in the past year · as of Nov 6, 2026

OSOverlay Shares

Record

Overlay Shares