| OVL | |
|---|---|
| Total return | +208.9% |
| Annualised (CAGR) | +17.6% |
| Volatility (annualised) | +18.8% |
| Sharpe (rf = 0) | 0.94 |
| Deepest drawdown | -35.5% |
| Drawdown peak → trough | 2020-02-19 → 2020-03-20 |
Over the 7.0 years to 2026-09-21 the fund returned +208.9% in total (+17.6% a year), with a deepest drawdown of -35.5% from 2020-02-19 to 2020-03-20. Its worst calendar year was 2022 (-22.2%), its best 2021 (+32.4%).
| Year | OVL |
|---|---|
| 2026 | +16.7% |
| 2025 | +17.9% |
| 2024 | +27.9% |
| 2023 | +28.0% |
| 2022 | -22.2% |
| 2021 | +32.4% |
| 2020 | +20.2% |
| 2019 | +10.8% |
It does not say OVL is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -35.5% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.
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