Controller-less overlay, or quick hide overlay ability?

Sorry if this has been asked before – As I’m using an external controller, I have no need for the standard button configuration overlay. Is there an overlay that only has the configuration buttons at the top? Or is there some tap shortcut to hide the overlay completely?

A lot of overlays have a button that will hide the controls, though sometimes you have to cycle through some menus etc. before it hides. The ‘immerse’ overlay starts out hidden but can be tapped anywhere to bring up some menu functions.