OAIM vs. FSUTX

Last updated Jun 14, 2026

OAIM (OneAscent International Equity ETF) and FSUTX (Fidelity Select Utilities Portfolio) are both funds - OAIM is a Foreign Large Cap Equities fund actively managed by Oneascent, while FSUTX is a Utilities Equities fund actively managed by Fidelity. Both are actively managed. Over the past 3 years, OAIM returned 17.52%/yr vs 16.47%/yr for FSUTX. At a 0.39 correlation, their price movements are largely independent. OAIM charges 0.95%/yr vs 0.74%/yr for FSUTX.

Performance

OAIM vs. FSUTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent International Equity ETF (OAIM) and Fidelity Select Utilities Portfolio (FSUTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OAIM achieves a 14.17% return, which is significantly higher than FSUTX's 3.35% return.

OAIM

• 1D: 0.17%
• 1M: 0.42%
• YTD: 14.17%
• 6M: 16.25%
• 1Y: 27.74%
• 3Y*: 17.52%
• 5Y*: —
• 10Y*: —

FSUTX

• 1D: 0.51%
• 1M: -3.70%
• YTD: 3.35%
• 6M: 3.29%
• 1Y: 13.21%
• 3Y*: 16.47%
• 5Y*: 12.32%
• 10Y*: 11.35%

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

OAIM vs. FSUTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OAIM OneAscent International Equity ETF	14.17%	30.12%	8.18%	16.96%	7.50%
FSUTX Fidelity Select Utilities Portfolio	3.35%	16.19%	28.76%	-1.12%	-3.03%

Correlation

The correlation between OAIM and FSUTX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022	0.39

Return for Risk

OAIM vs. FSUTX — Risk / Return Rank

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

OAIM

OAIM Risk / Return Rank: 54
OAIM Sharpe Ratio Rank: 52
OAIM Sortino Ratio Rank: 50
OAIM Omega Ratio Rank: 55
OAIM Calmar Ratio Rank: 54
OAIM Martin Ratio Rank: 58

FSUTX

FSUTX Risk / Return Rank: 18
FSUTX Sharpe Ratio Rank: 16
FSUTX Sortino Ratio Rank: 15
FSUTX Omega Ratio Rank: 15
FSUTX Calmar Ratio Rank: 27
FSUTX Martin Ratio Rank: 16

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.

OAIM vs. FSUTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent International Equity ETF (OAIM) and Fidelity Select Utilities Portfolio (FSUTX). 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.

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.

	OAIM	FSUTX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	0.86	+0.73
Sortino ratio: Return per unit of downside risk	2.22	1.24	+0.97
Omega ratio: Gain probability vs. loss probability	1.30	1.15	+0.15
Calmar ratio: Return relative to maximum drawdown	2.42	1.52	+0.89
Martin ratio: Return relative to average drawdown	9.03	3.41	+5.62

OAIM vs. FSUTX - Sharpe Ratio Comparison

The current OAIM Sharpe Ratio is 1.59, which is higher than the FSUTX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of OAIM and FSUTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OAIM vs. FSUTX - Drawdown Comparison

The maximum OAIM drawdown since its inception was -14.69%, smaller than the maximum FSUTX drawdown of -66.73%. Use the drawdown chart below to compare losses from any high point for OAIM and FSUTX.

Drawdown Indicators

	OAIM	FSUTX	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-66.73%	+52.04%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-9.21%	-1.67%
Max Drawdown (3Y) Largest decline over 3 years	-14.69%	-15.20%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.61%	—
Current Drawdown Current decline from peak	-0.79%	-7.63%	+6.84%
Average Drawdown Average peak-to-trough decline	-2.80%	-11.25%	+8.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.93%	4.11%	-1.18%

Volatility

OAIM vs. FSUTX - Volatility Comparison

OneAscent International Equity ETF (OAIM) has a higher volatility of 7.43% compared to Fidelity Select Utilities Portfolio (FSUTX) at 5.96%. This indicates that OAIM's price experiences larger fluctuations and is considered to be riskier than FSUTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAIM	FSUTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	5.96%	+1.47%
Volatility (6M) Calculated over the trailing 6-month period	14.50%	13.09%	+1.41%
Volatility (1Y) Calculated over the trailing 1-year period	16.55%	16.35%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	17.42%	-0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.07%	19.40%	-2.33%

OAIM vs. FSUTX - Expense Ratio Comparison

OAIM has a 0.95% expense ratio, which is higher than FSUTX's 0.74% expense ratio.

Dividends

OAIM vs. FSUTX - Dividend Comparison

OAIM's dividend yield for the trailing twelve months is around 0.86%, less than FSUTX's 5.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSUTX Fidelity Select Utilities Portfolio	5.08%	6.61%	6.50%	3.52%	4.67%	2.68%	4.86%	2.29%	8.37%	5.61%	2.51%	4.47%
OAIM OneAscent International Equity ETF	0.86%	0.98%	2.40%	1.94%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OAIM and FSUTX in my portfolio?

OAIM and FSUTX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OAIM or FSUTX?

OAIM has higher volatility (7.43%) compared to FSUTX (5.96%). In terms of maximum drawdown, OAIM dropped -14.69% vs FSUTX's -66.73%.

Which has better risk-adjusted returns?

OAIM currently has the higher Sharpe Ratio (1.59 vs 0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.