- ISIN
- US90470L5194
- Issuer
- Oneascent
- Inception Date
- Mar 30, 2022
- Region
- Global (Broad)
- Category
- Intermediate Core-Plus Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $166M
Highlights
- Avg. Volume (1M)
- 52K
- Avg. Volume Value (1M)
- $1.16M
Share Price Chart
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Performance
OACP Performance Chart
OneAscent Core Plus Bond ETF (OACP) is down 0.7% since the beginning of the year. OACP is currently trading at $22 per share.
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Returns By Period
OneAscent Core Plus Bond ETF (OACP) has returned -0.70% so far this year and 1.95% over the past 12 months.
OneAscent Core Plus Bond ETF
- 1D
- -0.42%
- 1M
- -1.31%
- 6M
- -0.92%
- YTD
- -0.70%
- 1Y
- 1.95%
- 3Y*
- 4.37%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 1.45%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
OACP Monthly Returns History
Based on dividend-adjusted daily data since Mar 31, 2022, OACP's average daily return is +0.01%, while the average monthly return is +0.13%. At this rate, an investment would double in approximately 44.5 years.
Historically, 53% of months were positive and 47% were negative. The best month was Nov 2023 with a return of +4.6%, while the worst month was Apr 2022 at -4.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 6 months.
On a daily basis, OACP closed higher 50% of trading days. The best single day was Nov 10, 2022 with a return of +1.9%, while the worst single day was Jun 13, 2022 at -1.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.22% | 1.33% | -1.90% | 0.22% | 0.34% | 0.48% | -1.35% | -0.70% | |||||
| 2025 | 0.55% | 1.97% | -0.07% | 0.14% | -0.70% | 1.74% | -0.10% | 1.17% | 1.27% | 0.54% | 0.66% | -0.18% | 7.17% |
| 2024 | -0.06% | -1.16% | 1.07% | -2.18% | 1.72% | 0.82% | 2.07% | 1.55% | 1.47% | -2.26% | 1.02% | -1.59% | 2.37% |
| 2023 | 3.38% | -2.39% | 2.44% | 0.36% | -1.13% | -0.37% | -0.06% | -0.48% | -2.53% | -1.39% | 4.56% | 3.82% | 6.04% |
| 2022 | -0.07% | -4.08% | 0.28% | -1.43% | 2.40% | -2.64% | -3.98% | -1.53% | 3.97% | -0.78% | -7.87% |
Benchmark Metrics
OneAscent Core Plus Bond ETF has an annualized alpha of 0.44%, beta of 0.09, and R2 of 0.07 versus S&P 500 Index. Calculated based on daily prices since March 31, 2022.
- This ETF participated in 39.46% of S&P 500 Index downside but only 21.70% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.09 may look defensive, but with R2 of 0.07 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.07 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 0.44%
- Beta
- 0.09
- R²
- 0.07
- Upside Capture
- 21.70%
- Downside Capture
- 39.46%
Expense Ratio
OACP has an expense ratio of 0.77%, placing it in the medium range.
Return for Risk
Risk / Return Rank
OACP ranks 31 for risk / return — above 31% of ETFs peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for OneAscent Core Plus Bond ETF (OACP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OACP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 2.00 | -0.94 |
| Martin ratioReturn relative to average drawdown | 2.64 | 8.49 | -5.85 |
Dividends
Dividend History
OneAscent Core Plus Bond ETF provided a 4.44% dividend yield over the last twelve months, with an annual payout of $0.99 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.99 | $1.03 | $1.01 | $0.89 | $0.53 |
Dividend yield | 4.44% | 4.46% | 4.51% | 3.87% | 2.34% |
Monthly Dividends
The table displays the monthly dividend distributions for OneAscent Core Plus Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.56 | |||||
| 2025 | $0.09 | $0.08 | $0.08 | $0.09 | $0.08 | $0.09 | $0.08 | $0.09 | $0.08 | $0.09 | $0.07 | $0.10 | $1.03 |
| 2024 | $0.08 | $0.07 | $0.08 | $0.09 | $0.08 | $0.09 | $0.09 | $0.10 | $0.08 | $0.08 | $0.08 | $0.09 | $1.01 |
| 2023 | $0.07 | $0.06 | $0.08 | $0.06 | $0.07 | $0.08 | $0.07 | $0.08 | $0.08 | $0.09 | $0.07 | $0.07 | $0.89 |
| 2022 | $0.02 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.10 | $0.07 | $0.07 | $0.53 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the OneAscent Core Plus Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the OneAscent Core Plus Bond ETF was 11.81%, occurring on Oct 24, 2022. Recovery took 445 trading sessions.
The current OneAscent Core Plus Bond ETF drawdown is 2.22%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-11.81%Oct 2022 | 6mo 23d | 1y 9mo | 2y 4moApr 2022 - Aug 2024 | Bear market2022 |
-4.55%Jan 2025 | 3mo 28d | 5mo 18d | 9mo 16dSep 2024 - Jun 2025 | — |
-2.60%May 2026 | 2mo 18d | — | 5mo 4dMar 2026 - now | — |
-1.01%Jul 2025 | 13d | 14d | 27dJul 2025 - Jul 2025 | — |
-1.00%Aug 2024 | 3d | 6d | 9dAug 2024 - Aug 2024 | — |
Drawdown Indicators
| OACP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.81% | -56.78% | +44.97% |
Max Drawdown (1Y)Largest decline over 1 year | -2.60% | -9.10% | +6.50% |
Max Drawdown (3Y)Largest decline over 3 years | -4.66% | -18.90% | +14.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.22% | -1.58% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -10.70% | +7.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 2.14% | -1.09% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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