OALC
OneAscent Large Cap Core ETF
OALC is an actively-managed portfolio of US large-cap companies screened and selected for its value-based philosophy and fundamental evaluation. The fund seeks capital appreciation.
US
EQUITY
Active
MANAGEMENT STYLE
116.4 M
ASSETS UNDER MGMT
86 bp
EXPENSES
Fund Basics
| Fund sponsor | Oneascent Holdings LLC |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 16, 2021 |
| Assets (mns) | $116 |
| Expense ratio | 86 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MICROSOFT CORP | 7.3 % |
| NVIDIA CORP | 6.2 % |
| AMAZON.COM INC | 3.8 % |
| ALPHABET INC. CLASS A | 2.2 % |
| ALPHABET INC. CLASS C | 2.1 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.9 % |
| JPMORGAN CHASE & CO | 1.7 % |
| BROADCOM INC. | 1.7 % |
| VISA INC. CLASS A | 1.5 % |
| TESLA MOTORS INC | 1.4 % |
Constituent Breakdown
| Number of holdings | 199 |
| Herfindahl-Hirschman Index | 168 |
| Wgt avg mkt cap (mns) | $622,251 |
| Large cap (>$10bn) | 98.1% |
| Mid cap ($2-10bn) | 1.6% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.8 % |
 |
BRITAIN | 1.1 % |
 |
IRELAND | 0.8 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 13.3% | 28.7% | 19.3% | -- | -- | -- | 9.3% | Volatility | 12.7% | 12.5% | 14.3% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.90 | 97% |
| MSCI EAFE | 0.80 | 78% |
| MSCI Emg Mkts | 0.62 | 48% |
Liquidity Measures
| Avg. volume (000) | 33 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.26% |
| ADV of underlying (mns) | $202,100 |
Technical Indicators
| Recent close | $30.03 |
| 30d moving avg. | $29.40 |
| Annualized volatility | 16.2% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. OALC |
Expenses vs. OALC |
ALTAR Score™ vs. OALC |
|---|---|---|---|---|
| IWL | iShares Russell Top 200 ETF | 68.2% | -71 bp | +0.5% |
| MGC | Vanguard Mega Cap ETF | 67.9% | -79 bp | +0.5% |
| JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 64.1% | -66 bp | +0.6% |
| USCA | Xtrackers MSCI USA Climate Action Equity ETF | 63.9% | -79 bp | +0.7% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 63.7% | -79 bp | +0.7% |
| SPXE | ProShares S&P 500 Ex-Energy ETF | 63.6% | -77 bp | +0.6% |
| VOTE | TCW Transform 500 ETF | 63.2% | -81 bp | +0.6% |
| USCL | iShares Climate Conscious & Transition MSCI USA ETF | 62.8% | -78 bp | +0.7% |
| VV | Vanguard Large-Cap ETF | 62.7% | -82 bp | +0.6% |
| IVV | iShares Core S&P 500 ETF | 62.5% | -83 bp | +0.8% |
Risk and Returns: OALC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
OALC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
OALC
4.3%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. OALC's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places OALC in the 32nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
OALCSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| OALC (86 bp) Percentile rank | 72 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| OALC | 86.0 | 26.3 | 112.3 |
| Peer Avg. | 56.8 | 23.7 | 80.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .