Innovative strategies. Built for what's next.

Atlanta, GA
Joined September 2019
Many option income strategies generate income by consistently selling covered calls — which may limit upside participation during strong equity markets. OVL takes a different approach. The fund generates option income by selling puts — not calls — seeking to maintain full equity exposure. Since inception, this approach has delivered stronger total returns compared to the CBOE S&P 500 BuyWrite Index (BXM), net of fees. See this thread for other important information.
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Performance varies; options strategies involve unique risks (theocc.com). Past performance does not guarantee future results. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. There is no guarantee the Fund will achieve its investment objective. Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. Read the prospectus carefully before investing.
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Traditional hedging approaches, such as reducing equity allocations or defined outcome strategies that sell covered calls, often limit upside participation or introduce timing complexities. A more efficient potential solution lies in hedged equity strategies that maintain full upside participation while mitigating downside risk through a structured put option overlay. READ MORE: blog.lsfunds.com/insights/pu…
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Overlay Shares Large Cap Equity ETF ($OVL) is designed to provide monthly distributions while seeking to reduce the impact of NAV erosion over time. Learn more about the Overlay Shares Large Cap Equity ETF. For a link to the prospectus and other important information, see this thread.
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The Fund utilizes options which involve additional risks. Distributed by Foreside Fund Services, LLC. *Distribution Rate is an annualized rate based on the Fund's most recent distribution and NAV. It may include option income, dividends, and return of capital. Distribution rates are not a measure of performance or total return. Distributions are not guaranteed. **30-Day SEC Yield represents net investment income earned over the prior 30 days, excluding option income, expressed as an annualized percentage. Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. For month-end and standardized performance, go to lsfunds.com/ovl.
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Liquid Strategies retweeted
We love seeing engagement on X! Due to compliance restrictions, I cannot discuss fund-related topics here…but am always happy to chat via email at [email protected]. Thanks for your continued trust and partnership!
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Now available: Overlay Shares Q3 2026 Quarterly Review. This quarter's update discusses heightened market volatility, rising interest rates, sector-level performance dispersion, developments in the bond and housing markets, and performance across the Overlay Shares ETF suite. Read the full review and outlook from our portfolio management team: blog.lsfunds.com/insights/ov… See this thread for other important information.
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Stocks have delivered strong returns in recent years, though market volatility and drawdowns are a normal part of investing. The Overlay Shares Hedged Large Cap Equity ETF ($OVLH) is designed to help investors remain invested in equities while seeking to help mitigate downside risk with uncapped upside participation. Learn more: lsfunds.com/ovlh *Past performance is no guarantee of future results.
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Passive foreign equities + risk managed put spread selling overlay, all in one ETF. Learn more about the Overlay Shares Foreign Equity ETF ($OVF). See this thread for other important information.
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The Fund utilizes options which involve additional risks. Distributed by Foreside Fund Services, LLC. *Distribution Rate is an annualized rate based on the Fund's most recent distribution and NAV. It may include option income, dividends, and return of capital. Distribution rates are not a measure of performance or total return. Distributions are not guaranteed. **30-Day SEC Yield represents net investment income earned over the prior 30 days, excluding option income, expressed as an annualized percentage. Performance data quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. For month-end and standardized performance, please visit lsfunds.com/ovf.
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Is income your primary goal? Learn more about the Niagara Income Opportunities Fund ($NAGRX) from Liquid Strategies: lsfunds.com/nagrx. See this thread for other important information.
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*As of September 30, 2026. Distribution payments are not guaranteed. NAGRX may pay distributions from sources other than net investment income and capital gains, including, without limitation, the sale of assets, borrowings, return of capital (ROC) or offering proceeds, and advances or deferral of fees and expense reimbursements. Based on current estimates, it is expected that amounts distributed to investors would include a return of capital. ROC should not be confused with yield or income. The distribution rate is calculated by annualizing the most recent amount paid to investors and dividing the resulting amount by fund’s NAV. There can be no assurance that a change in market conditions or other factors will not result in a change in the Fund distribution rate at a future time. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 1-800-632-4027. For standardized performance and expenses: lsfunds.com/nagrx Investing involves risk. Principal loss is possible.
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A well-designed put spread writing overlay can potentially generate a supplemental income source and enhance long-term risk-adjusted returns. This approach capitalizes on the fact that put options are chronically overpriced due to sustained demand for downside protection. Learn more about how Overlay Shares Large Cap Equity ETF ($OVL) seeks to add supplemental income on top of large cap equities in our research blog: blog.lsfunds.com/insights/pu…
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