Overlay Shares Hedged Large Cap Equity ETF Price & Performance (OVLH)

The Parametric Hedged Equity ETF (PHEQ) has become a standout performer in 2025, mitigating losses during a turbulent market. The fund, which uses options to hedge U.S. large-cap stocks, has outpaced the S&P benchmark, with year-to-date losses of 2.71% compared to SPY’s 4.64%. Its strategy balances risk and return effectively.1

The Trade Desk (NASDAQ:TTD) saw strong trading volume last week despite analysts lowering price targets. The stock, which closed at $54.19, has faced mixed ratings, with some analysts maintaining a "buy" stance while others downgraded it to "inline." The company also announced a $564 million stock buyback plan, signaling confidence in its valuation.2

Align Technology (NASDAQ:ALGN) has seen fluctuating ratings from analysts, with price targets ranging from $240 to $272. The firm’s shares opened at $166.20 last week, reflecting market pressures. Despite challenges, analysts generally maintain a "Moderate Buy" consensus, highlighting the company's potential for long-term growth in the orthodontic sector.3