OAIM vs. VEU

Last updated Jun 3, 2026

OAIM (OneAscent International Equity ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds. OAIM is actively managed, while VEU is passively managed. Over the past 3 years, OAIM returned 18.50%/yr vs 20.01%/yr for VEU. Their correlation of 0.91 suggests significant overlap in exposure. OAIM charges 0.95%/yr vs 0.04%/yr for VEU.

Performance

OAIM vs. VEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent International Equity ETF (OAIM) and Vanguard FTSE All-World ex-US ETF (VEU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OAIM achieves a 14.62% return, which is significantly lower than VEU's 15.73% return.

OAIM

• 1D: 0.38%
• 1M: 2.96%
• YTD: 14.62%
• 6M: 19.16%
• 1Y: 28.30%
• 3Y*: 18.50%
• 5Y*: —
• 10Y*: —

VEU

• 1D: 0.73%
• 1M: 5.19%
• YTD: 15.73%
• 6M: 18.94%
• 1Y: 33.06%
• 3Y*: 20.01%
• 5Y*: 9.10%
• 10Y*: 10.05%

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

OAIM vs. VEU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OAIM OneAscent International Equity ETF	14.62%	30.12%	8.18%	16.96%	7.91%
VEU Vanguard FTSE All-World ex-US ETF	15.73%	32.35%	5.56%	15.84%	6.04%

Correlation

The correlation between OAIM and VEU is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since Sep 19, 2022	0.91

The correlation between OAIM and VEU has been stable across timeframes, ranging from 0.88 to 0.91 - a consistent structural relationship.

OAIM vs. VEU - Sectors Allocation Comparison

Sectors	OAIM	VEU
Financial Services	24.4%	23.3%
Industrials	21.0%	15.7%
Technology	11.8%	18.5%
Energy	10.3%	5.2%
Basic Materials	8.5%	7.1%
Utilities	7.5%	3.2%
Consumer Cyclical	6.3%	8.2%
Communication Services	5.6%	4.6%
Real Estate	1.9%	2.0%
Consumer Defensive	1.6%	5.1%
Healthcare	1.1%	7.1%

Return for Risk

OAIM vs. VEU — 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: 53
OAIM Sortino Ratio Rank: 52
OAIM Omega Ratio Rank: 54
OAIM Calmar Ratio Rank: 55
OAIM Martin Ratio Rank: 59

VEU

VEU Risk / Return Rank: 64
VEU Sharpe Ratio Rank: 65
VEU Sortino Ratio Rank: 64
VEU Omega Ratio Rank: 65
VEU Calmar Ratio Rank: 60
VEU Martin Ratio Rank: 64

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. VEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent International Equity ETF (OAIM) and Vanguard FTSE All-World ex-US ETF (VEU). 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.

	OAIM	VEU	Difference
Sharpe ratio Return per unit of total volatility	1.83	2.18	-0.34
Sortino ratio Return per unit of downside risk	2.52	3.00	-0.48
Omega ratio Gain probability vs. loss probability	1.34	1.40	-0.06
Calmar ratio Return relative to maximum drawdown	2.80	3.01	-0.21
Martin ratio Return relative to average drawdown	10.58	11.72	-1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAIM vs. VEU - Sharpe Ratio Comparison

The current OAIM Sharpe Ratio is 1.83, which is comparable to the VEU Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of OAIM and VEU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OAIM	VEU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	2.18	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.26	0.26	+1.01

Drawdowns

OAIM vs. VEU - Drawdown Comparison

The maximum OAIM drawdown since its inception was -14.69%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for OAIM and VEU.

Drawdown Indicators

	OAIM	VEU	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-61.52%	+46.83%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-11.43%	+0.55%
Max Drawdown (3Y) Largest decline over 3 years	-14.69%	-13.69%	-1.00%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.98%	—
Current Drawdown Current decline from peak	-0.40%	0.00%	-0.40%
Average Drawdown Average peak-to-trough decline	-2.81%	-13.14%	+10.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	2.93%	-0.05%

Volatility

OAIM vs. VEU - Volatility Comparison

OneAscent International Equity ETF (OAIM) and Vanguard FTSE All-World ex-US ETF (VEU) have volatilities of 5.67% and 5.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAIM	VEU	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.67%	5.57%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	13.29%	13.01%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	15.58%	15.28%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	16.07%	+0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.87%	17.21%	-0.34%

OAIM vs. VEU - Expense Ratio Comparison

OAIM has a 0.95% expense ratio, which is higher than VEU's 0.04% expense ratio.

Dividends

OAIM vs. VEU - Dividend Comparison

OAIM's dividend yield for the trailing twelve months is around 0.86%, less than VEU's 2.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VEU Vanguard FTSE All-World ex-US ETF	2.58%	3.09%	3.24%	3.32%	3.12%	3.08%	2.00%	3.10%	3.27%	2.66%	2.96%	2.95%

Frequently Asked Questions

Can I hold both OAIM and VEU in my portfolio?

OAIM and VEU have a correlation of 0.88, 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 VEU?

OAIM has higher volatility (5.67%) compared to VEU (5.57%). In terms of maximum drawdown, OAIM dropped -14.69% vs VEU's -61.52%.

Which ETF is better, OAIM or VEU?

On 3-year performance, VEU leads with 20.01% vs 18.50% for OAIM. On fees, VEU is cheaper at 0.04% per year. On volatility, VEU has been the lower-risk option at 5.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OAIM or VEU?

Over the 3-year period, VEU has performed better with a 20.01% return vs 18.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OAIM or VEU?

VEU is cheaper with a 0.04% expense ratio, compared with 0.95% for OAIM.

Which ETF pays a higher dividend yield, OAIM or VEU?

VEU has the higher dividend yield at 2.58%, compared with 0.86% for OAIM.

What is the main difference between OAIM and VEU?

They also come from different issuers: Oneascent and Vanguard. Their fees differ too: 0.95% for OAIM and 0.04% for VEU.

Which has better risk-adjusted returns?

VEU currently has the higher Sharpe Ratio (2.18 vs 1.83), 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.