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ETFs

OneAscent Core Plus Bond ETF

OACP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 30 2022
Expense Ratio
0.76%
Type
US Bonds
Fund Owner
OneAscent Investments
Volume (1m avg. daily)
$260,585
AUM
$107,849,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
T 3 7/8 08/15/33
3.51%
n/a
T 3 5/8 05/15/53
3.42%
n/a
T 4 3/8 08/15/43
2.78%
n/a
FN MA4580
2.21%
n/a
FN FS1533
2.13%
n/a
FN MA4701
1.75%
n/a
FN FS0522
1.68%
n/a
DISREV 3.85 02/28/2025
1.59%
n/a
T 4 3/8 08/31/28
1.58%
n/a
G2 MA7768
1.38%
Invest with OACP

What is OACP?

The OneAscent Core Plus Bond ETF (OACP) seeks total return, with an emphasis on income as the source of that total return, while giving special consideration to certain values-based and impact criteria. The Fund primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. Government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset-backed securities. The Fund may also invest in other fixed-income securities, including those of non-investment- grade quality (usually called "high-yield" or "junk bonds"). Securities of non- investment-grade quality are speculative in nature. The Fund may invest in fixed-income securities of any duration. For purposes of the 80% investment policy, the term "assets" means net assets, plus the amount of any borrowings for investment purposes.

ETFs related toOACP

ETFs correlated to OACP include FLCB, BND, AGG

OACP
Unified Series Trust - OneAscent Core Plus Bond ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
AGGY
WisdomTree Trust - WisdomTree Yield Enhanced U.S. Aggregate Bond Fund
IUSB
BlackRock Institutional Trust Company N.A. - iShares Core Total USD Bond Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toOACP

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with OACP using Composer

FAQ

OACP is a US Bonds ETF. The OneAscent Core Plus Bond ETF (OACP) seeks total return, with an emphasis on income as the source of that total return, while giving special consideration to certain values-based and impact criteria. The Fund primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. Government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset-backed securities. The Fund may also invest in other fixed-income securities, including those of non-investment- grade quality (usually called "high-yield" or "junk bonds"). Securities of non- investment-grade quality are speculative in nature. The Fund may invest in fixed-income securities of any duration. For purposes of the 80% investment policy, the term "assets" means net assets, plus the amount of any borrowings for investment purposes.

Yes, OACP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, OACP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OACP is -0.0131%. This is the percent change in the value of OACP over the most recent 1-month period. The 3-month return on OACP is -0.0302%. This is the percent change in the value of OACP over the most recent 3-month period.

The standard deviation of OACP for the past year is 0.0727%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to OACP include GSY, GVI, and BLV.

ETFs correlated to OACP include FLCB, BND, and AGG.

ETFs that are inversely correlated to OACP include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.