Compare ETFs
Fees, size, distributions, currency exposure and holdings overlap for two to four funds, side by side.
Side by side
| Measure | OVLOverlay Shares Large Cap Equity ETF | HEFAiShares Currency Hedged MSCI EAFE ETF |
|---|---|---|
| Market | USCboe BZX | USCboe BZX |
| Issuer | Not identified | iShares |
| Asset class | Equity | Equity |
| Expense ratio | 0.79%Expense ratio, filed 23 Dec 2025 | 0.35%Net expense ratio, filed 21 Nov 2025 |
| Net assets | $276.3MAs of 31 May 2026 | $7.5BAs of 31 Jul 2026 |
| Holdings | 10As of 31 May 2026 | 220As of 31 Jul 2026 |
| 12-month distribution yield | 8.31% | 3.10% |
| Distributions | Monthly$4.7250 in 12 months | Twice a year$1.4390 in 12 months |
| Last price | $56.8620 Oct 2026, 20:00 UTC | $46.4420 Oct 2026, 20:00 UTC |
Holdings overlap
Weighted overlap is the sum, over the securities both funds hold, of the smaller of the two weights. 0% means no shared holdings; 100% means identical portfolios.
| Fund | OVL | HEFA |
|---|---|---|
| OVL | Same fund | 0.0% |
| HEFA | 0.0% | Same fund |
OVL and HEFA
- Weighted overlap
- 0.0%
- Holdings in common
- 0
- OVL holdings also in HEFA
- 0.0% by count
- HEFA holdings also in OVL
- 0.0% by count
These funds have no securities in common.
How overlap is measured
Each fund's latest public Form N-PORT report lists its positions with the percent of net assets each one makes up. For every security both funds hold, the smaller of its two weights is counted, and those are added up. If fund A holds a stock at 6% and fund B at 4%, that stock adds 4 percentage points.
Securities are matched by ISIN first, then by CUSIP (a US or Canadian ISIN contains the CUSIP), and only as a last resort by issuer name, for non-debt holdings where one fund gives no identifier. Repeated lines of the same security in one fund are added together, and each security is matched once.
Cash funds, repurchase agreements, derivative contracts and short positions are left out because their reported value is not comparable exposure. For funds with more than 2,000 positions only the largest 2,000 are stored, so the result is a lower bound and the possible extra is shown. Reports can be for different month ends, and funds trade between reports.
The count-based shares show how many of one fund's holdings the other also holds, which can be high even when overlap by weight is low. Read more in where the ETF data comes from.
Currency exposure
| Currency | OVL | HEFA |
|---|---|---|
| US dollar (USD) | 99.5% | 100.8% |
| Euro (EUR) | Below the top 12 or none | <0.1% |
| Japanese yen (JPY) | Below the top 12 or none | <0.1% |
| Norwegian krone (NOK) | Below the top 12 or none | <0.1% |
| British pound (GBP) | Below the top 12 or none | <0.1% |
| Australian dollar (AUD) | Below the top 12 or none | <0.1% |
| Swiss franc (CHF) | Below the top 12 or none | −<0.1% |
| Swedish krona (SEK) | Below the top 12 or none | <0.1% |
| Israeli shekel (ILS) | Below the top 12 or none | −<0.1% |
| Hong Kong dollar (HKD) | Below the top 12 or none | −<0.1% |