Tearsheet

Oak Valley Bancorp (OVLY)


Market Price (5/12/2026): $33.02 | Market Cap: $272.4 Mil
Sector: Financials | Industry: Regional Banks

Oak Valley Bancorp (OVLY)


Market Price (5/12/2026): $33.02
Market Cap: $272.4 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.4%, FCF Yield is 9.0%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -151%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30%

Low stock price volatility
Vol 12M is 24%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.

Weak multi-year price returns
3Y Excs Rtn is -32%

Key risks
OVLY key risks include [1] its concentrated exposure to the economic health of California, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.4%, FCF Yield is 9.0%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -151%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30%
3 Low stock price volatility
Vol 12M is 24%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.
5 Weak multi-year price returns
3Y Excs Rtn is -32%
6 Key risks
OVLY key risks include [1] its concentrated exposure to the economic health of California, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Oak Valley Bancorp (OVLY) stock has gained about 5% since 1/31/2026 because of the following key factors:

1. Stable Net Interest Margin (NIM) and Year-over-Year Net Interest Income Growth contributed to investor confidence. The company reported a net interest margin of 4.12% for the first quarter of 2026, remaining firm despite a slight sequential decrease from 4.14% in the prior quarter. This steady margin, coupled with a 5.7% increase in net interest income year-over-year, from $17.8 million to $18.8 million, driven by growth in earning assets and stronger loan yields, signaled a resilient revenue base.

2. Balance sheet expansion demonstrated continued business growth. Oak Valley Bancorp expanded its balance sheet with total assets reaching $2.01 billion at March 31, 2026, an increase of $85.9 million from a year earlier. Gross loans also rose by $56.5 million to $1.2 billion, and total deposits increased by $67.4 million to $1.8 billion over the same period, indicating ongoing strength in its core operations.

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Stock Movement Drivers

Fundamental Drivers

The 4.7% change in OVLY stock from 1/31/2026 to 5/11/2026 was primarily driven by a 3.3% change in the company's P/E Multiple.
(LTM values as of)13120265112026Change
Stock Price ($)31.5733.064.7%
Change Contribution By: 
Total Revenues ($ Mil)80822.5%
Net Income Margin (%)29.6%29.3%-1.1%
P/E Multiple11.011.43.3%
Shares Outstanding (Mil)880.0%
Cumulative Contribution4.7%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/11/2026
ReturnCorrelation
OVLY4.7% 
Market (SPY)3.6%49.9%
Sector (XLF)-3.7%54.4%

Fundamental Drivers

The 22.6% change in OVLY stock from 10/31/2025 to 5/11/2026 was primarily driven by a 24.3% change in the company's P/E Multiple.
(LTM values as of)103120255112026Change
Stock Price ($)26.9633.0622.6%
Change Contribution By: 
Total Revenues ($ Mil)78824.7%
Net Income Margin (%)31.0%29.3%-5.7%
P/E Multiple9.211.424.3%
Shares Outstanding (Mil)88-0.1%
Cumulative Contribution22.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/11/2026
ReturnCorrelation
OVLY22.6% 
Market (SPY)5.5%36.8%
Sector (XLF)-1.4%49.4%

Fundamental Drivers

The 29.1% change in OVLY stock from 4/30/2025 to 5/11/2026 was primarily driven by a 35.1% change in the company's P/E Multiple.
(LTM values as of)43020255112026Change
Stock Price ($)25.6133.0629.1%
Change Contribution By: 
Total Revenues ($ Mil)77826.7%
Net Income Margin (%)32.6%29.3%-10.2%
P/E Multiple8.411.435.1%
Shares Outstanding (Mil)88-0.3%
Cumulative Contribution29.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/11/2026
ReturnCorrelation
OVLY29.1% 
Market (SPY)30.4%39.6%
Sector (XLF)6.6%52.1%

Fundamental Drivers

The 35.7% change in OVLY stock from 4/30/2023 to 5/11/2026 was primarily driven by a 31.1% change in the company's P/E Multiple.
(LTM values as of)43020235112026Change
Stock Price ($)24.3733.0635.7%
Change Contribution By: 
Total Revenues ($ Mil)668224.5%
Net Income Margin (%)34.9%29.3%-16.1%
P/E Multiple8.711.431.1%
Shares Outstanding (Mil)88-0.9%
Cumulative Contribution35.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/11/2026
ReturnCorrelation
OVLY35.7% 
Market (SPY)78.7%39.4%
Sector (XLF)61.9%46.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
OVLY Return7%32%34%-1%5%12%121%
Peers Return42%6%-1%16%8%15%115%
S&P 500 Return27%-19%24%23%16%8%97%

Monthly Win Rates [3]
OVLY Win Rate50%58%58%33%50%100% 
Peers Win Rate65%43%45%47%53%84% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
OVLY Max Drawdown-8%-3%0%-22%-20%-1% 
Peers Max Drawdown-3%-14%-32%-22%-15%-3% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BSRR, WABC, TCBK, PLBC, HAFC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/11/2026 (YTD)

How Low Can It Go

EventOVLYS&P 500
2025 US Tariff Shock
  % Loss-16.2%-18.8%
  % Gain to Breakeven19.3%23.1%
  Time to Breakeven78 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-11.9%-9.5%
  % Gain to Breakeven13.5%10.5%
  Time to Breakeven105 days24 days
2023 SVB Regional Banking Crisis
  % Loss-16.8%-6.7%
  % Gain to Breakeven20.2%7.1%
  Time to Breakeven73 days31 days
2020 COVID-19 Crash
  % Loss-39.2%-33.7%
  % Gain to Breakeven64.6%50.9%
  Time to Breakeven236 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-16.7%-19.2%
  % Gain to Breakeven20.0%23.7%
  Time to Breakeven817 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-32.6%-17.9%
  % Gain to Breakeven48.4%21.8%
  Time to Breakeven28 days123 days

Compare to BSRR, WABC, TCBK, PLBC, HAFC

In The Past

Oak Valley Bancorp's stock fell -16.2% during the 2025 US Tariff Shock. Such a loss loss requires a 19.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventOVLYS&P 500
2020 COVID-19 Crash
  % Loss-39.2%-33.7%
  % Gain to Breakeven64.6%50.9%
  Time to Breakeven236 days140 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-32.6%-17.9%
  % Gain to Breakeven48.4%21.8%
  Time to Breakeven28 days123 days
2008-2009 Global Financial Crisis
  % Loss-52.4%-53.4%
  % Gain to Breakeven110.0%114.4%
  Time to Breakeven1058 days1085 days

Compare to BSRR, WABC, TCBK, PLBC, HAFC

In The Past

Oak Valley Bancorp's stock fell -16.2% during the 2025 US Tariff Shock. Such a loss loss requires a 19.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Oak Valley Bancorp (OVLY)

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit. It also offers commercial real estate loans, commercial business lending and trade finance, and small business administration lending, as well as consumer loans consisting of automobile loans, home mortgage loans, revolving lines of credit, and other personal loans. In addition, the company provides online banking, remote deposit capture, mobile banking, merchant, night depository, extended hours, wire transfer of funds, and note collection services, as well as automated teller machines. As of December 31, 2021, it operated through seventeen full-service branch offices in Oakdale, Sonora, Bridgeport, Bishop, Mammoth Lakes, Modesto, Manteca, Patterson, Turlock, Tracy, Ripon, Stockton, Escalon, California, and Sacramento. The company was incorporated in 1990 and is headquartered in Oakdale, California.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Oak Valley Bancorp (OVLY):

  • It's like a local Bank of America for California's Central Valley.

  • Think of it as a community-focused Wells Fargo for Central California.

  • It's the neighborhood Chase Bank for its region of California.

AI Analysis | Feedback

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  • Deposit Accounts: Provides various account types including checking, savings, money market, health savings, IRAs, and certificates of deposit.
  • Commercial Loans: Offers financing for businesses through commercial real estate, business, trade finance, and Small Business Administration (SBA) loans.
  • Consumer Loans: Provides personal financing options such as automobile, home mortgage, revolving lines of credit, and other personal loans.
  • Digital Banking & Auxiliary Services: Delivers convenient banking tools including online and mobile banking, remote deposit capture, merchant services, and ATM access.
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AI Analysis | Feedback

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Oak Valley Bancorp (OVLY) primarily serves a diverse base of customers rather than having a few major customers. As a community bank, its business model focuses on providing banking services to a broad spectrum of individuals and local small to medium-sized businesses within its operating regions of the Central Valley and Eastern Sierras of California.

Based on the provided company description, the major categories of customers it serves are:

  • Individuals: This category includes individual consumers who utilize the bank for their personal banking needs, such as checking and savings accounts, money market accounts, health savings accounts, individual retirement accounts, certificates of deposit, and various consumer loans (e.g., automobile loans, home mortgage loans, revolving lines of credit, and other personal loans).
  • Small to Medium-Sized Businesses (SMBs): This category comprises local small to medium-sized enterprises that rely on Oak Valley Community Bank for their commercial banking requirements. Services for SMBs include commercial real estate loans, commercial business lending and trade finance, and Small Business Administration (SBA) lending, in addition to business-oriented deposit products.
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Fiserv, Inc. (FI)

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Christopher M. Courtney, Chief Executive Officer

Mr. Courtney will retire as CEO on June 30, 2026, after a 30-year career with Oak Valley Bancorp. He joined the bank in 1996 and served in various executive leadership roles, including Executive Vice President Chief Operating Officer and Executive Vice President Chief Credit Officer. He became President in 2004 and Chief Executive Officer in 2013. Under his leadership, the bank expanded from a two-branch institution with $45 million in assets to a regional bank with 19 branches and over $2 billion in assets. He will continue to serve on the Boards of Directors following his retirement.

Richard A. McCarty, President and Chief Operating Officer (Incoming Chief Executive Officer)

Mr. McCarty is currently the President and Chief Operating Officer and is slated to succeed Christopher M. Courtney as President and Chief Executive Officer upon Mr. Courtney's retirement on June 30, 2026. He joined Oak Valley Community Bank in 1996, and after a two-year period at Del Monte Foods Corporation, he returned in 1999 as the bank's Chief Financial Officer. He later assumed a dual role as Chief Administrative Officer. In 2016, he was promoted to Senior Executive Vice President and Chief Operating Officer, with Jeff Gall taking over the CFO responsibilities. He has over 26 years of experience with the bank.

Jeffrey A. Gall, Executive Vice President, Chief Financial Officer and Corporate Secretary

Mr. Gall joined Oak Valley Community Bank in 2006. He served as Vice President, Finance, and was promoted to Executive Vice President, Chief Financial Officer in January 2016. In 2022, he also assumed the role of Corporate Secretary. He has 25 years of banking experience and manages external audit, financial reporting, internal controls, and investor relations.

Kim D. Booke, Executive Vice President, Chief Risk Officer

Ms. Booke has been with Oak Valley Bancorp for 18 years, progressing through leadership positions within the credit department. She is a 2017 graduate of the Pacific Coast Banking School at the University of Washington and holds certifications as a Certified Regulatory Compliance Manager (CRCM) and Certified Anti-Money Laundering Specialist (CAMS).

Julie N. DeHart, Executive Vice President, Retail Banking Group

Ms. DeHart has over 26 years of risk-conscious operations and management expertise. Prior to her promotion to Executive Vice President, Retail Banking Group in 2021, she served as the Senior Vice President, Retail Banking Manager since 2017. She is a 2019 graduate of the Pacific Coast Banking School at the University of Washington.

AI Analysis | Feedback

Key Risks to Oak Valley Bancorp (OVLY)

  1. Interest Rate Risk: Oak Valley Bancorp's profitability is primarily dependent on interest rate differentials, which are highly sensitive to unpredictable factors beyond the company's control, such as inflation, recession, and unemployment. Changes in domestic and foreign economic conditions can significantly impact interest rates, thereby affecting the bank's net interest income.
  2. Credit Risk and Concentration in Real Estate Loans: The company faces risks associated with concentrations in real estate-related loans. As of December 31, 2019, non-owner occupied real estate comprised 43.0% of the bank's total loan commitments, indicating a significant exposure to the real estate market. Changes in real estate values or economic conditions affecting borrowers in this segment could negatively impact the bank's loan portfolio quality and financial performance.
  3. Adverse Economic Conditions and Banking Industry Instability: Oak Valley Bancorp is susceptible to the effects of a worsening global business and economic environment. Furthermore, risks related to the financial stability and liquidity of its credit customers, as well as broader disruptions, instability, and failures within the banking industry, pose significant threats to the company's operations and financial health.

AI Analysis | Feedback

The following are clear emerging threats for Oak Valley Bancorp:

  • Rise of Digital-Only Banks (Neobanks/Challenger Banks): These entities operate without physical branches, offering competitive interest rates, lower fees, and advanced mobile-first user experiences. They directly compete for deposit products such as checking, savings, money market, and individual retirement accounts, as well as certain consumer and small business lending, potentially eroding Oak Valley Bancorp's customer base, particularly among digitally-native consumers and businesses.
  • Specialized Online Lenders and Fintech Platforms: Companies specializing in specific lending segments (e.g., small business, commercial real estate, or consumer loans) leverage technology to offer faster, more streamlined application and approval processes. Additionally, fintech payment platforms are expanding their services to include small business financing and enhanced transaction capabilities, potentially diverting loan demand and reducing reliance on traditional bank services for individuals and small to medium-sized businesses that Oak Valley Bancorp serves.

AI Analysis | Feedback

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AI Analysis | Feedback

Oak Valley Bancorp (OVLY) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Expansion of Loan Portfolio: The company anticipates continued growth in its loan portfolio, encompassing commercial real estate loans, commercial business lending, Small Business Administration (SBA) lending, and various consumer loans. This expansion directly contributes to an increase in net interest income, a primary revenue source for the bank. The growth in the loan portfolio was noted as a factor in the increase in third-quarter net income compared to the prior quarter in the Q3 2025 earnings report.
  2. Growth in Earning Assets and Optimization of Net Interest Margin: Beyond just loan growth, Oak Valley Bancorp aims to increase its overall earning assets. This, combined with rising loan yields and a focus on managing the average cost of funds, is expected to enhance the net interest margin. Increased net interest income was attributed to average earning asset growth, rising loan yields, and a slight decrease in the average cost of funds in the third quarter of 2025.
  3. Strategic Branch Expansion and Deeper Market Penetration: Oak Valley Bancorp continues to expand its physical footprint by opening new full-service branch offices, as seen with the opening of its Lodi branch. This strategic expansion into new and existing markets within the Central Valley and Eastern Sierras is designed to attract new customers, grow deposit relationships, and ultimately lead to more lending opportunities. The company's news flow regularly covers branch expansion and local leadership appointments, with their network reaching 19 branches by October 2025.
  4. Customer Acquisition and Retention through Relationship Banking: The company's core philosophy as a community bank emphasizes deep local knowledge and personal relationships. This approach is crucial for cultivating lifelong customers and fostering a symbiotic relationship that builds local wealth, which in turn fuels deposit and loan growth. The mission to cultivate lifelong customers by executing a unique brand of relationship service underscores this driver.

AI Analysis | Feedback

Here is a summary of Oak Valley Bancorp's (OVLY) capital allocation decisions over the last 3-5 years:

Share Repurchases

No significant share repurchase programs or activities by Oak Valley Bancorp have been identified within the last 3-5 years.

Share Issuance

* The number of outstanding common shares for Oak Valley Bancorp increased from 8,239,099 as of December 31, 2021, to 8,388,221 as of November 6, 2025. * Share issuances primarily occurred through restricted stock grants and shares acquired via the company's 401(k) profit-sharing plan, mainly for executives and employees, with some grants from 2021-2025 vesting in 2026. [cite: 3, 4 (from previous search)]

Capital Expenditures

* Oak Valley Bancorp has undertaken capital expenditures focused on expanding its physical presence. [cite: 20 (from previous search)] * A notable expansion occurred with the opening of its 19th full-service branch in Lodi on October 2, 2025. [cite: 20 (from previous search)] * Non-interest expenses have shown increases due to general operating costs associated with servicing growing loan and deposit portfolios, as well as staffing increases related to business expansion.

Latest Trefis Analyses

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EEFT_4302026_Dip_Buyer_ValueBuy04302026EEFTEuronet WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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HOMB_4242026_Insider_Buying_GTE_1Mil_EBITp+DE_V204242026HOMBHome BancSharesInsiderInsider Buys | Low D/EStrong Insider Buying
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3.9%3.9%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-4.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

OVLYBSRRWABCTCBKPLBCHAFCMedian
NameOak Vall.Sierra B.Westamer.TriCo Ba.Plumas B.Hanmi Fi. 
Mkt Price33.0637.5454.1950.1651.2529.6443.85
Mkt Cap0.30.51.31.60.40.90.7
Rev LTM8214825442199279201
Op Inc LTM-------
FCF LTM2531161382220170
FCF 3Y Avg27471341212711681
CFO LTM2941191422320474
CFO 3Y Avg29481351262811983

Growth & Margins

OVLYBSRRWABCTCBKPLBCHAFCMedian
NameOak Vall.Sierra B.Westamer.TriCo Ba.Plumas B.Hanmi Fi. 
Rev Chg LTM6.7%7.2%-10.8%8.4%17.1%17.3%7.8%
Rev Chg 3Y Avg8.4%3.9%-3.8%-0.2%13.1%0.8%2.4%
Rev Chg Q10.4%5.5%-6.5%10.2%28.8%14.2%10.3%
QoQ Delta Rev Chg LTM2.5%1.3%-1.7%2.4%6.7%3.3%2.5%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM35.1%2.8%47.0%33.8%23.8%72.9%34.5%
CFO/Rev 3Y Avg36.2%36.5%47.3%31.0%37.9%45.4%37.2%
FCF/Rev LTM30.0%2.0%45.8%32.8%22.5%72.0%31.4%
FCF/Rev 3Y Avg33.0%35.6%46.6%29.8%36.3%44.2%36.0%

Valuation

OVLYBSRRWABCTCBKPLBCHAFCMedian
NameOak Vall.Sierra B.Westamer.TriCo Ba.Plumas B.Hanmi Fi. 
Mkt Cap0.30.51.31.60.40.90.7
P/S3.33.35.23.83.63.13.5
P/Op Inc-------
P/EBIT-------
P/E11.410.711.712.511.110.811.3
P/CFO9.5117.611.011.315.24.311.2
Total Yield10.6%12.2%12.1%10.8%11.3%13.0%11.7%
Dividend Yield1.8%2.8%3.5%2.8%2.3%3.7%2.8%
FCF Yield 3Y Avg12.0%13.5%10.2%8.9%10.6%17.8%11.3%
D/E0.00.60.00.00.10.10.1
Net D/E-1.5-0.7-1.5-0.1-1.1-0.3-0.9

Returns

OVLYBSRRWABCTCBKPLBCHAFCMedian
NameOak Vall.Sierra B.Westamer.TriCo Ba.Plumas B.Hanmi Fi. 
1M Rtn-3.9%4.4%1.6%-0.2%0.9%6.8%1.2%
3M Rtn-0.9%2.5%5.1%-3.1%-2.4%10.4%0.8%
6M Rtn17.4%30.2%14.3%12.7%24.8%13.1%15.8%
12M Rtn32.9%44.3%12.8%28.5%19.9%33.7%30.7%
3Y Rtn53.5%172.3%60.4%78.4%69.2%152.4%73.8%
1M Excs Rtn-12.7%-4.4%-7.2%-9.0%-7.8%-1.9%-7.5%
3M Excs Rtn-7.3%-4.0%-1.4%-9.5%-8.8%4.0%-5.7%
6M Excs Rtn8.7%18.6%6.6%3.6%15.3%5.3%7.6%
12M Excs Rtn3.6%11.3%-18.3%-2.6%-9.9%1.8%-0.4%
3Y Excs Rtn-31.8%87.3%-20.5%6.3%-18.6%69.1%-6.2%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment8266545046
Total8266545046


Price Behavior

Price Behavior
Market Price$33.06 
Market Cap ($ Bil)0.3 
First Trading Date10/15/2003 
Distance from 52W High-5.7% 
   50 Days200 Days
DMA Price$33.02$29.91
DMA Trendupup
Distance from DMA0.1%10.5%
 3M1YR
Volatility18.8%24.1%
Downside Capture0.530.29
Upside Capture83.2774.45
Correlation (SPY)54.6%39.9%
OVLY Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.850.730.630.560.800.83
Up Beta0.730.620.500.551.160.78
Down Beta2.110.530.480.390.660.91
Up Capture54%85%81%85%66%55%
Bmk +ve Days15223166141428
Stock +ve Days9213361125353
Down Capture188%78%62%40%66%95%
Bmk -ve Days4183056108321
Stock -ve Days12213060121383

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OVLY
OVLY34.6%24.2%1.17-
Sector ETF (XLF)4.3%14.5%0.0752.1%
Equity (SPY)28.1%12.5%1.7839.8%
Gold (GLD)42.9%26.9%1.300.6%
Commodities (DBC)48.6%18.0%2.14-15.3%
Real Estate (VNQ)13.6%13.5%0.7043.7%
Bitcoin (BTCUSD)-22.4%41.7%-0.5012.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OVLY
OVLY15.1%29.6%0.51-
Sector ETF (XLF)8.7%18.6%0.3538.3%
Equity (SPY)12.9%17.1%0.5930.5%
Gold (GLD)21.2%17.9%0.96-1.1%
Commodities (DBC)13.5%19.1%0.582.0%
Real Estate (VNQ)3.6%18.8%0.0929.8%
Bitcoin (BTCUSD)8.5%56.0%0.369.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OVLY
OVLY15.2%37.7%0.49-
Sector ETF (XLF)12.4%22.2%0.5240.9%
Equity (SPY)15.0%17.9%0.7234.6%
Gold (GLD)13.4%15.9%0.70-0.6%
Commodities (DBC)9.5%17.7%0.4510.2%
Real Estate (VNQ)5.6%20.7%0.2433.6%
Bitcoin (BTCUSD)68.1%66.9%1.078.9%

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Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 415202631.6%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1.5 days
Basic Shares Quantity8.3 Mil
Short % of Basic Shares0.6%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/23/2026-0.6%-3.0% 
1/26/20260.0%-0.6%3.7%
10/23/20251.3%-0.6%1.2%
7/21/20251.2%0.8%1.2%
4/21/2025-2.0%3.4%9.2%
1/27/20251.2%-0.7%3.5%
10/21/2024-1.3%-1.5%10.5%
7/19/20240.1%0.9%-3.3%
...
SUMMARY STATS   
# Positive191616
# Negative587
Median Positive1.8%3.6%6.8%
Median Negative-1.3%-0.8%-2.5%
Max Positive8.3%9.0%18.7%
Max Negative-2.0%-10.4%-4.0%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/25/202610-K
09/30/202511/13/202510-Q
06/30/202508/13/202510-Q
03/31/202505/14/202510-Q
12/31/202403/31/202510-K
09/30/202411/13/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202304/01/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202203/29/202310-K
09/30/202211/14/202210-Q
06/30/202208/12/202210-Q
03/31/202205/13/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Lafferty, Allison DirectBuy505202633.191805,974285,633Form
2Leonard, Daniel J DirectBuy429202633.0037512,3752,065,734Form
3Lafferty, Allison DirectBuy227202632.5950616,492274,625Form
4Withrow, Terrance P DirectBuy217202633.642979,9911,073,688Form
5Haidlen, Erich A DirectBuy217202633.232508,307762,622Form