OneAscent Large Cap Core ETF
Name
As of 10/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
19.3%
1 yr return
35.0%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$94.5 M
Holdings in Top 10
31.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.86%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 10/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
OALC - Profile
Distributions
- YTD Total Return 19.3%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameOneAscent Large Cap Core ETF
-
Fund Family NameN/A
-
Inception DateNov 15, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCole Pearson
Fund Description
The Fund invests primarily in large-cap equity securities issued by companies domiciled in the United States, with the intention of tracking the S&P 500 Index. The Fund targets approximately 200 equity securities and a 2% tracking error. The Adviser may adjust this threshold over time as markets adjust. As of the date of this prospectus, OneAscent Investment Solutions, LLC (the “Adviser”) considers companies eligible for purchase by the Fund to be those with market capitalizations greater than $5 billion at the time of the initial purchase (“Large Cap Companies”) and that meet the criteria of the Adviser’s Values-Based Screening. Under normal circumstances, the Fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of Large Cap Companies.
Values-Based Screening. The Adviser seeks to identify investments that it believes will make an impact on the world according to its values driven investment philosophy. The Adviser eliminates from the investable universe companies that demonstrably and consistently harm their stakeholders. The Adviser captures and considers percentage of revenue thresholds for harmful products, and the Adviser captures and considers patterns of harmful business practices (including forced labor ties, products/practices resulting in consumer death, and environmental mismanagement). This means avoiding companies whose principal business activities and practices include:
● | Involvement in abortion, including producing or distributing abortifacients or medical facilities that perform abortions. |
● | Production, distribution, or supply chain involvement regarding addictive products, including adult entertainment, pornography, gambling, tobacco, and cannabis. |
● | Predatory lending practices. |
● | Human rights violations. |
● | Patterns of severe ethics controversies. |
The Adviser’s Values-Based Screening process is proprietary, though the Adviser may refer to third-party resources in conducting its research. The Adviser performs its own due diligence in selecting investments but may consider third-party data. All equity securities must meet, at the time of investment, the Adviser’s Values-Based Screening requirements. If an investment no longer meets the Adviser’s screening requirements, the Adviser intends, but is not required, to sell such investment.
OALC - Performance
Return Ranking - Trailing
Period | OALC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.3% | -51.8% | 22.1% | 96.78% |
1 Yr | 35.0% | -58.9% | 46.9% | N/A |
3 Yr | N/A* | -25.7% | 197.6% | N/A |
5 Yr | N/A* | -29.1% | 93.8% | N/A |
10 Yr | N/A* | -17.2% | 37.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | OALC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.5% | -69.4% | 53.7% | N/A |
2022 | -18.4% | -94.0% | 152.6% | N/A |
2021 | N/A | -13.9% | 183.6% | N/A |
2020 | N/A | -18.2% | 8.9% | N/A |
2019 | N/A | -80.2% | 35.2% | N/A |
Total Return Ranking - Trailing
Period | OALC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 19.3% | -97.2% | 22.1% | 97.64% |
1 Yr | 35.0% | -58.9% | 67.6% | N/A |
3 Yr | N/A* | -25.7% | 197.6% | N/A |
5 Yr | N/A* | -28.1% | 93.8% | N/A |
10 Yr | N/A* | -11.8% | 37.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | OALC Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.0% | -69.4% | 53.7% | N/A |
2022 | -18.1% | -94.0% | 152.6% | N/A |
2021 | N/A | -13.9% | 183.6% | N/A |
2020 | N/A | -12.8% | 8.9% | N/A |
2019 | N/A | -60.0% | 35.2% | N/A |
OALC - Holdings
Concentration Analysis
OALC | Category Low | Category High | OALC % Rank | |
---|---|---|---|---|
Net Assets | 94.5 M | 177 K | 1.21 T | 87.03% |
Number of Holdings | 130 | 2 | 4154 | 62.66% |
Net Assets in Top 10 | 34.2 M | 1.74 K | 270 B | 86.03% |
Weighting of Top 10 | 31.20% | 1.8% | 100.0% | 58.19% |
Top 10 Holdings
- Microsoft Corporation 7.31%
- NVIDIA Corporation 6.09%
- Amazon.com, Inc. 3.79%
- Alphabet, Inc. 2.55%
- Alphabet, Inc. 2.20%
- SEMPRA 2.00%
- Broadcom, Inc. 1.91%
- Berkshire Hathaway, Inc. 1.87%
- BBH SWEEP VEHICLE 1.79%
- Chevron Corporation 1.68%
Asset Allocation
Weighting | Return Low | Return High | OALC % Rank | |
---|---|---|---|---|
Stocks | 98.15% | 0.00% | 130.24% | 98.20% |
Cash | 1.85% | -102.29% | 100.00% | 0.97% |
Preferred Stocks | 0.00% | 0.00% | 2.23% | 12.10% |
Other | 0.00% | -13.91% | 134.98% | 12.86% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 7.26% |
Bonds | 0.00% | -0.04% | 95.81% | 8.58% |
Stock Sector Breakdown
Weighting | Return Low | Return High | OALC % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 25.44% | 75.63% |
Technology | 0.00% | 0.00% | 48.94% | 4.48% |
Real Estate | 0.00% | 0.00% | 37.52% | 61.69% |
Industrials | 0.00% | 0.00% | 29.90% | 95.59% |
Healthcare | 0.00% | 0.00% | 60.70% | 28.36% |
Financial Services | 0.00% | 0.00% | 55.59% | 5.25% |
Energy | 0.00% | 0.00% | 41.64% | 38.38% |
Communication Services | 0.00% | 0.00% | 27.94% | 98.67% |
Consumer Defense | 0.00% | 0.00% | 49.14% | 95.10% |
Consumer Cyclical | 0.00% | 0.00% | 50.47% | 68.70% |
Basic Materials | 0.00% | 0.00% | 26.10% | 11.06% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | OALC % Rank | |
---|---|---|---|---|
US | 98.15% | 0.00% | 127.77% | 91.56% |
Non US | 0.00% | 0.00% | 33.51% | 26.42% |
OALC - Expenses
Operational Fees
OALC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.86% | 0.01% | 2.95% | 45.18% |
Management Fee | 0.35% | 0.00% | 2.00% | 31.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
OALC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
OALC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
OALC Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | N/A |
OALC - Distributions
Dividend Yield Analysis
OALC | Category Low | Category High | OALC % Rank | |
---|---|---|---|---|
Dividend Yield | 0.34% | 0.00% | 19.15% | 49.52% |
Dividend Distribution Analysis
OALC | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
OALC | Category Low | Category High | OALC % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -54.00% | 6.06% | N/A |
Capital Gain Distribution Analysis
OALC | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.100 | OrdinaryDividend |
Dec 29, 2022 | $0.083 | OrdinaryDividend |
Dec 15, 2021 | $0.014 | OrdinaryDividend |
OALC - Fund Manager Analysis
Managers
Cole Pearson
Start Date
Tenure
Tenure Rank
Nov 15, 2021
0.54
0.5%
Cole Pearson serves as Vice President of Investment Solutions for OneAscent. He is responsible for leading the OneAscent Investment Committee, overseeing strategic relationships with the firm’s sub-advisors, and developing OneAscent’s values-based investing methodology. Prior to joining OneAscent in 2018, Cole was a Senior Investment Associate for Eventide Asset Management where he served on both the portfolio management as well as sales & marketing teams. He holds a B.S. in International Finance and a minor in Mandarin-Chinese from The University of Alabama and is a CFA Level III Candidate.
Nathan Willis
Start Date
Tenure
Tenure Rank
Nov 15, 2021
0.54
0.5%
Mr. Willis joined the Adviser in 2021 and serves as its Director of Portfolio Strategy. From 2019 to 2020 Mr. Willis served as Chief Investment Officer of Greenhawk Corporation, a single-family office. Prior to Greenhawk, he worked at GenSpring Family Offices (2004 to 2019) and at Wachovia Bank (2000 to 2004). Mr. Willis is a Deacon in the Presbyterian Church in America. Mr. Willis received a B.A. in Business Administration with a concentration in Information Systems and a minor in Economics from Taylor University.
Andrew Manton
Start Date
Tenure
Tenure Rank
Feb 24, 2022
0.26
0.3%
Mr. Manton joined OneAscent Investment in 2021 and serves as its Chief Equity Strategist and Senior Portfolio Manager. Mr. Manton served as Senior Portfolio Manager at Shelton Capital Management (“SCM”) from July 2016 to December 2021. Prior to his affiliation with SCM, Mr. Manton served as a Senior Portfolio Manager at WHV Investments (“WHV”). Prior to his affiliation with WHV, Mr. Manton was a Senior Research Analyst and a member of the Large Cap Global Equities team at Victory Capital Management, and an analyst in both the fundamental Active Equities and Quantitative Strategies groups at Deutsche Asset Management. He has a BS in Finance from the University of Illinois at Chicago and an MBA with a concentration in Quantitative Finance and Accounting from the Tepper School of Business at Carnegie Mellon University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.17 | 2.42 |