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ETFs

OneAscent Large Cap Core ETF

OALC
$--
Today’s Change
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Snapshot
*

Inception Date
Nov 16 2021
Expense Ratio
0.82%
Type
US Equities
Fund Owner
OneAscent Investments
Volume (1m avg. daily)
$160,112
AUM
$37,339,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MOH
Molina Healthcare Inc
4.38%
CSCO
Cisco Systems, Inc.
3.81%
WRB
W.R. Berkley Corp.
3.70%
ADBE
Adobe Inc
3.70%
AEX
Chubb Limited
3.62%
BG
Bunge Ltd.
3.60%
ABT
Abbott Laboratories
3.55%
IT
Gartner, Inc.
3.54%
HOLX
Hologic, Inc.
3.37%
ORCL
Oracle Corp.
2.92%
Invest with OALC

What is OALC?

OneAscent Large Cap Core ETF (OALC) seeks capital appreciation by investing in large-capitalization stocks of U.S. companies that we believe have above-average growth potential and make a positive impact on the world.

ETFs related toOALC

ETFs correlated to OALC include JHML, SUSA, AVSU

OALC
Unified Series Trust - OneAscent Large Cap Core ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
AVSU
American Century ETF Trust - Avantis Responsible U.S. Equity ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock 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 toOALC

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with OALC using Composer

FAQ

OALC is a US Equities ETF. OneAscent Large Cap Core ETF (OALC) seeks capital appreciation by investing in large-capitalization stocks of U.S. companies that we believe have above-average growth potential and make a positive impact on the world.

Yes, OALC 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, OALC 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 OALC is 0%. This is the percent change in the value of OALC over the most recent 1-month period. The 3-month return on OALC is 0.0155%. This is the percent change in the value of OALC over the most recent 3-month period.

The standard deviation of OALC for the past year is 0.177%. 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 OALC include SPHQ, SPHB, and DSI.

ETFs correlated to OALC include JHML, SUSA, and AVSU.

ETFs that are inversely correlated to OALC include SH, SPDN, and SDS.

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.