OACP vs. OAEM

Last updated Apr 1, 2026

Compare and contrast key facts about OneAscent Core Plus Bond ETF (OACP) and OneAscent Emerging Markets ETF (OAEM).

OACP and OAEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OACP is an actively managed fund by Oneascent. It was launched on Mar 30, 2022. OAEM is an actively managed fund by Oneascent. It was launched on Sep 14, 2022.

Performance

OACP vs. OAEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent Core Plus Bond ETF (OACP) and OneAscent Emerging Markets ETF (OAEM). The values are adjusted to include any dividend payments, if applicable.

OACP vs. OAEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OACP OneAscent Core Plus Bond ETF	-0.38%	7.17%	2.37%	6.04%	-1.08%
OAEM OneAscent Emerging Markets ETF	10.06%	26.67%	0.43%	17.97%	1.97%

Returns By Period

In the year-to-date period, OACP achieves a -0.38% return, which is significantly lower than OAEM's 10.06% return.

OACP

• 1D: 0.33%
• 1M: -1.90%
• YTD: -0.38%
• 6M: 0.63%
• 1Y: 4.20%
• 3Y*: 3.88%
• 5Y*: —
• 10Y*: —

OAEM

• 1D: 4.31%
• 1M: -10.94%
• YTD: 10.06%
• 6M: 18.04%
• 1Y: 41.48%
• 3Y*: 13.52%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OACP vs. OAEM - Expense Ratio Comparison

OACP has a 0.77% expense ratio, which is lower than OAEM's 1.25% expense ratio.

OAEM

OneAscent Emerging Markets ETF

OACP

OneAscent Core Plus Bond ETF

Return for Risk

OACP vs. OAEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OACP

OACP Risk / Return Rank: 56
OACP Sharpe Ratio Rank: 59
OACP Sortino Ratio Rank: 55
OACP Omega Ratio Rank: 49
OACP Calmar Ratio Rank: 67
OACP Martin Ratio Rank: 51

OAEM

OAEM Risk / Return Rank: 88
OAEM Sharpe Ratio Rank: 88
OAEM Sortino Ratio Rank: 88
OAEM Omega Ratio Rank: 86
OAEM Calmar Ratio Rank: 87
OAEM Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OACP vs. OAEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Core Plus Bond ETF (OACP) and OneAscent Emerging Markets ETF (OAEM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OACP	OAEM	Difference
Sharpe ratio Return per unit of total volatility	1.06	1.86	-0.80
Sortino ratio Return per unit of downside risk	1.48	2.48	-0.99
Omega ratio Gain probability vs. loss probability	1.19	1.36	-0.16
Calmar ratio Return relative to maximum drawdown	1.73	2.78	-1.05
Martin ratio Return relative to average drawdown	5.08	12.06	-6.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OACP vs. OAEM - Sharpe Ratio Comparison

The current OACP Sharpe Ratio is 1.06, which is lower than the OAEM Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of OACP and OAEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OACP	OAEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	1.86	-0.80
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.84	-0.55

Correlation

The correlation between OACP and OAEM is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

OACP vs. OAEM - Dividend Comparison

OACP's dividend yield for the trailing twelve months is around 4.41%, more than OAEM's 0.70% yield.

	TTM	2025	2024	2023	2022
OACP OneAscent Core Plus Bond ETF	4.41%	4.46%	4.51%	3.87%	2.34%
OAEM OneAscent Emerging Markets ETF	0.70%	0.77%	0.91%	1.63%	0.04%

Drawdowns

OACP vs. OAEM - Drawdown Comparison

The maximum OACP drawdown since its inception was -11.81%, smaller than the maximum OAEM drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for OACP and OAEM.

Drawdown Indicators

	OACP	OAEM	Difference
Max Drawdown Largest peak-to-trough decline	-11.81%	-17.05%	+5.24%
Max Drawdown (1Y) Largest decline over 1 year	-2.58%	-14.63%	+12.05%
Current Drawdown Current decline from peak	-1.90%	-10.94%	+9.04%
Average Drawdown Average peak-to-trough decline	-3.69%	-3.94%	+0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	3.38%	-2.50%

Volatility

OACP vs. OAEM - Volatility Comparison

The current volatility for OneAscent Core Plus Bond ETF (OACP) is 1.61%, while OneAscent Emerging Markets ETF (OAEM) has a volatility of 13.45%. This indicates that OACP experiences smaller price fluctuations and is considered to be less risky than OAEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OACP	OAEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.61%	13.45%	-11.84%
Volatility (6M) Calculated over the trailing 6-month period	2.38%	17.65%	-15.27%
Volatility (1Y) Calculated over the trailing 1-year period	3.98%	22.39%	-18.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.88%	19.00%	-13.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.88%	19.00%	-13.12%