OALC vs. TOLZ

Last updated Jul 15, 2026

OALC (OneAscent Large Cap Core ETF) and TOLZ (ProShares DJ Brookfield Global Infrastructure ETF) are both exchange-traded funds - OALC is a Large Cap Blend Equities fund actively managed by Oneascent, while TOLZ is a Industrials Equities fund tracking the Dow Jones Brookfield Global Infrastructure Composite Index. OALC is actively managed, while TOLZ is passively managed. Over the past 3 years, OALC returned 21.38%/yr vs 14.13%/yr for TOLZ. At a 0.49 correlation, their price movements are largely independent. OALC charges 0.49%/yr vs 0.46%/yr for TOLZ.

Performance

OALC vs. TOLZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent Large Cap Core ETF (OALC) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OALC achieves a 14.79% return, which is significantly higher than TOLZ's 13.49% return.

OALC

• 1D: 0.64%
• 1M: 0.98%
• 6M: 12.07%
• YTD: 14.79%
• 1Y: 24.93%
• 3Y*: 21.38%
• 5Y*: —
• 10Y*: —

TOLZ

• 1D: 0.37%
• 1M: 0.27%
• 6M: 13.61%
• YTD: 13.49%
• 1Y: 17.33%
• 3Y*: 14.13%
• 5Y*: 9.04%
• 10Y*: 7.49%

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

OALC vs. TOLZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
OALC OneAscent Large Cap Core ETF	14.79%	20.36%	19.64%	22.03%	-18.08%	-0.32%
TOLZ ProShares DJ Brookfield Global Infrastructure ETF	13.49%	14.76%	11.67%	6.18%	-4.25%	2.76%

Correlation

The correlation between OALC and TOLZ is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Nov 16, 2021	0.49

Over the past year, the correlation between OALC and TOLZ has dropped to 0.03 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

OALC vs. TOLZ - Sectors Allocation Comparison

Sectors	OALC	TOLZ
Technology	38.1%	0.4%
Financial Services	14.7%	2.0%
Consumer Cyclical	11.1%	0.8%
Communication Services	8.1%	-
Industrials	7.4%	5.5%
Healthcare	6.4%	-
Consumer Defensive	5.3%	4.4%
Utilities	3.0%	24.2%
Energy	2.5%	35.2%
Basic Materials	1.6%	-
Real Estate	1.0%	7.2%

Return for Risk

OALC vs. TOLZ — Risk / Return Rank

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

OALC

OALC Risk / Return Rank: 71
OALC Sharpe Ratio Rank: 69
OALC Sortino Ratio Rank: 67
OALC Omega Ratio Rank: 64
OALC Calmar Ratio Rank: 73
OALC Martin Ratio Rank: 82

TOLZ

TOLZ Risk / Return Rank: 66
TOLZ Sharpe Ratio Rank: 62
TOLZ Sortino Ratio Rank: 64
TOLZ Omega Ratio Rank: 56
TOLZ Calmar Ratio Rank: 80
TOLZ Martin Ratio Rank: 66

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.

OALC vs. TOLZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Large Cap Core ETF (OALC) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ). 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.

	OALC	TOLZ	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.64	+0.15
Sortino ratio: Return per unit of downside risk	2.46	2.37	+0.09
Omega ratio: Gain probability vs. loss probability	1.31	1.28	+0.03
Calmar ratio: Return relative to maximum drawdown	2.97	3.36	-0.39
Martin ratio: Return relative to average drawdown	12.79	9.47	+3.32

OALC vs. TOLZ - Sharpe Ratio Comparison

The current OALC Sharpe Ratio is 1.79, which is comparable to the TOLZ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of OALC and TOLZ, 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

OALC vs. TOLZ - Drawdown Comparison

The maximum OALC drawdown since its inception was -26.82%, smaller than the maximum TOLZ drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for OALC and TOLZ.

Drawdown Indicators

	OALC	TOLZ	Difference
Max Drawdown Largest peak-to-trough decline	-26.82%	-39.33%	+12.51%
Max Drawdown (1Y) Largest decline over 1 year	-8.42%	-5.18%	-3.24%
Max Drawdown (3Y) Largest decline over 3 years	-17.64%	-11.94%	-5.70%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.33%	—
Current Drawdown Current decline from peak	-1.32%	-1.23%	-0.09%
Average Drawdown Average peak-to-trough decline	-6.91%	-6.59%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.84%	+0.11%

Volatility

OALC vs. TOLZ - Volatility Comparison

OneAscent Large Cap Core ETF (OALC) has a higher volatility of 4.56% compared to ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) at 3.66%. This indicates that OALC's price experiences larger fluctuations and is considered to be riskier than TOLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OALC	TOLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	3.66%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	11.28%	8.66%	+2.62%
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	10.64%	+3.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.31%	14.03%	+3.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.31%	16.23%	+1.08%

OALC vs. TOLZ - Expense Ratio Comparison

OALC has a 0.49% expense ratio, which is higher than TOLZ's 0.46% expense ratio.

Dividends

OALC vs. TOLZ - Dividend Comparison

OALC's dividend yield for the trailing twelve months is around 0.53%, less than TOLZ's 2.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OALC OneAscent Large Cap Core ETF	0.53%	0.61%	0.70%	0.40%	0.40%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TOLZ ProShares DJ Brookfield Global Infrastructure ETF	2.94%	3.99%	3.53%	3.34%	3.01%	3.28%	3.16%	2.96%	3.63%	3.30%	2.62%	3.67%

Frequently Asked Questions

Can I hold both OALC and TOLZ in my portfolio?

OALC and TOLZ have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OALC or TOLZ?

OALC has higher volatility (4.56%) compared to TOLZ (3.66%). In terms of maximum drawdown, OALC dropped -26.82% vs TOLZ's -39.33%.

Which ETF is better, OALC or TOLZ?

On 3-year performance, OALC leads with 21.38% vs 14.13% for TOLZ. On fees, TOLZ is cheaper at 0.46% per year. On volatility, TOLZ has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OALC or TOLZ?

Over the 3-year period, OALC has performed better with a 21.38% return vs 14.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OALC or TOLZ?

TOLZ is cheaper with a 0.46% expense ratio, compared with 0.49% for OALC.

Which ETF pays a higher dividend yield, OALC or TOLZ?

TOLZ has the higher dividend yield at 2.94%, compared with 0.53% for OALC.

What is the main difference between OALC and TOLZ?

OALC is categorized as Large Cap Blend Equities, while TOLZ is Industrials Equities. They also come from different issuers: Oneascent and ProShares. Their fees differ too: 0.49% for OALC and 0.46% for TOLZ.

Which has better risk-adjusted returns?

OALC currently has the higher Sharpe Ratio (1.79 vs 1.64), 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.