To display an overlay on sold-out products on the collection page of the Shopify theme "Dawn/Rise," you can edit the Liquid code directly instead of editing it from the theme editor as in this post, which will allow you to make changes to the featured collection at the same time.
Example of settings for displaying "sold out" products on the collection page of the Shopify theme "Rise/Dawn" by covering the entire photo instead of a badge (Part 2)

[(For the Rise/Dawn theme) How to set it up] Modify the code in "snippets/card-product.liquid" and add styles to "assets/base.css"

