BSR vs OVL
Beacon Unified Catalyst ETF vs Overlay Shares Large Cap Equity ETF
Which is better, BSR or OVL?
OVL has been ahead.
OVL has a lower expense ratio. OVL led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BSR | OVL |
|---|---|---|
| Expense Ratio | 1.09% | 0.79%Best |
| AUM | $34M | $497M |
| Dividend Yield | 2.78% | 9.13% |
| Holdings | 60 | 16 |
| YTD Return | +4.18% | +6.54%Best |
| 1Y Return | +5.97% | +10.05%Best |
| 3Y Return (annualized) | +8.36% | +20.74%Best |
| 5Y Return (annualized) | - | +11.49% |
| Volatility (annualized) | 9.4%Best | 14.5% |
| Max Drawdown | -15.7%Best | -21.7% |
| $10,000 over 3.5 years | $12,834 | $18,655Best |
| Fund Family | Beacon Capital Management | Overlay Shares |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 17, 2023 | Sep 30, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 18, 2023 to Oct 14, 2026 (3.5 years).
BSR vs OVL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.5 years both funds cover.
BSR vs OVL Performance
Beacon Unified Catalyst ETF (BSR) is an ETF from Beacon Capital Management and Overlay Shares Large Cap Equity ETF (OVL) is an ETF from Overlay Shares. Over the past year BSR returned +5.97% while OVL returned +10.05%. Year to date, BSR is up 4.18% versus a gain of 6.54% for OVL.
Over three years, BSR compounded at +8.36% per year against +20.74% for OVL. Across the full 4-year window we track, OVL has the edge at +19.50% annualized vs +7.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OVL has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 9.4% for BSR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.7% for BSR and -21.7% for OVL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSR charges 1.09% per year while OVL charges 0.79%. On a $10,000 position that is $109 vs $79 annually, a gap of $30 per year that compounds over a long holding period. On income, BSR currently yields 2.78% against 9.13% for OVL.
Holdings Overlap
We hold position weights for 29 holdings in BSR and 2 in OVL, totalling 99.8% and 100.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 29 positions we hold weights for in BSR and 2 in OVL, against full books of 60 and 16.
You are not choosing between two funds in isolation.
Whichever of BSR and OVL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSR or OVL?
BSR has an expense ratio of 1.09% while OVL charges 0.79%. OVL is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, BSR or OVL?
Over the past year BSR returned +5.97% vs +10.05% for OVL, so OVL leads on 1-year performance. Over the longest common window we track (4 years), BSR annualized +7.39% vs +19.50% for OVL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSR or OVL?
OVL has been the more volatile fund at 14.5% annualized versus 9.4% for BSR. Worst drawdown: BSR -15.7% vs OVL -21.7%.
Should I hold both BSR and OVL?
BSR and OVL have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BSR or OVL?
BSR yields 2.78% while OVL yields 9.13%, so OVL currently pays the higher dividend yield.
Is OVL better than BSR?
OVL has a lower expense ratio. OVL led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.