OASC vs. DES

Last updated Aug 2, 2026

OASC (OneAscent Enhanced Small and Mid Cap ETF) and DES (WisdomTree U.S. SmallCap Dividend Fund) are both Small Cap Blend Equities funds. OASC is actively managed, while DES is passively managed. Over the past year, OASC returned 33.23% vs 33.11% for DES. Their correlation of 0.87 means they have usually moved in the same direction. OASC charges 0.69%/yr vs 0.38%/yr for DES.

Performance

OASC vs. DES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent Enhanced Small and Mid Cap ETF (OASC) and WisdomTree U.S. SmallCap Dividend Fund (DES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OASC achieves a 15.43% return, which is significantly lower than DES's 22.71% return.

OASC

• 1D: -0.60%
• 1M: -2.56%
• 6M: 12.75%
• YTD: 15.43%
• 1Y: 33.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.61%

DES

• 1D: -0.25%
• 1M: 0.86%
• 6M: 14.79%
• YTD: 22.71%
• 1Y: 33.11%
• 3Y*: 13.09%
• 5Y*: 8.30%
• 10Y*: 8.19%
• ALL TIME*: 7.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DES WisdomTree U.S. SmallCap Dividend Fund	$3.72M	$4.61M	$5.63M
OASC OneAscent Enhanced Small and Mid Cap ETF	$560.82K	$529.42K	$419.26K

OASC vs. DES - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OASC OneAscent Enhanced Small and Mid Cap ETF	15.43%	8.91%	10.35%
DES WisdomTree U.S. SmallCap Dividend Fund	22.71%	0.25%	12.32%

Correlation

The correlation between OASC and DES is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (All Time) Calculated using the full available price history since Jun 13, 2024	0.87

The correlation between OASC and DES shifts across timeframes, from 0.77 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

OASC vs. DES - Sectors Allocation Comparison

Sectors	OASC	DES
Technology	27.0%	6.2%
Financial Services	23.3%	25.2%
Healthcare	13.2%	2.1%
Consumer Cyclical	11.4%	16.3%
Industrials	10.7%	13.6%
Basic Materials	4.7%	6.1%
Energy	3.0%	9.5%
Real Estate	2.4%	9.9%
Utilities	1.7%	4.1%
Consumer Defensive	1.4%	4.1%
Communication Services	1.2%	2.9%

Return for Risk

OASC vs. DES — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

OASC

OASC Risk / Return Rank: 80
OASC Sharpe Ratio Rank: 74
OASC Sortino Ratio Rank: 78
OASC Omega Ratio Rank: 69
OASC Calmar Ratio Rank: 91
OASC Martin Ratio Rank: 86

DES

DES Risk / Return Rank: 86
DES Sharpe Ratio Rank: 84
DES Sortino Ratio Rank: 87
DES Omega Ratio Rank: 83
DES Calmar Ratio Rank: 91
DES Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OASC vs. DES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Enhanced Small and Mid Cap ETF (OASC) and WisdomTree U.S. SmallCap Dividend Fund (DES). 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.

	OASC	DES	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.95	-0.24
Sortino ratio: Return per unit of downside risk	2.54	2.93	-0.40
Omega ratio: Gain probability vs. loss probability	1.29	1.35	-0.06
Calmar ratio: Return relative to maximum drawdown	4.11	4.03	+0.08
Martin ratio: Return relative to average drawdown	12.70	12.16	+0.55

OASC vs. DES - Sharpe Ratio Comparison

The current OASC Sharpe Ratio is 1.71, which is comparable to the DES Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of OASC and DES, 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

OASC vs. DES - Drawdown Comparison

The maximum OASC drawdown since its inception was -27.00%, smaller than the maximum DES drawdown of -65.48%. Use the drawdown chart below to compare losses from any high point for OASC and DES.

Drawdown Indicators

	OASC	DES	Difference
Max Drawdown Largest peak-to-trough decline	-27.00%	-65.48%	+38.48%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-7.64%	-0.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-25.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.16%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.65%	—
Current Drawdown Current decline from peak	-5.41%	-1.54%	-3.87%
Average Drawdown Average peak-to-trough decline	-5.78%	-9.61%	+3.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	2.53%	-0.05%

Volatility

OASC vs. DES - Volatility Comparison

OneAscent Enhanced Small and Mid Cap ETF (OASC) has a higher volatility of 5.14% compared to WisdomTree U.S. SmallCap Dividend Fund (DES) at 3.40%. This indicates that OASC's price experiences larger fluctuations and is considered to be riskier than DES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OASC	DES	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	3.40%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	10.18%	+3.30%
Volatility (1Y) Calculated over the trailing 1-year period	18.51%	15.82%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	19.38%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.79%	21.92%	-1.13%

OASC vs. DES - Expense Ratio Comparison

OASC has a 0.69% expense ratio, which is higher than DES's 0.38% expense ratio.

Dividends

OASC vs. DES - Dividend Comparison

OASC's dividend yield for the trailing twelve months is around 0.46%, less than DES's 2.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DES WisdomTree U.S. SmallCap Dividend Fund	2.26%	2.85%	2.81%	2.65%	2.89%	2.31%	2.75%	2.68%	3.65%	2.89%	2.70%	3.09%
OASC OneAscent Enhanced Small and Mid Cap ETF	0.46%	0.53%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OASC and DES in my portfolio?

OASC and DES have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OASC or DES?

OASC has higher volatility (5.14%) compared to DES (3.40%). In terms of maximum drawdown, OASC dropped -27.00% vs DES's -65.48%.

Which ETF is better, OASC or DES?

On 1-year performance, OASC leads with 33.23% vs 33.11% for DES. On fees, DES is cheaper at 0.38% per year. On volatility, DES has been the lower-risk option at 3.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OASC or DES?

Over the 1-year period, OASC has performed better with a 33.23% return vs 33.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OASC or DES?

DES is cheaper with a 0.38% expense ratio, compared with 0.69% for OASC.

Which ETF pays a higher dividend yield, OASC or DES?

DES has the higher dividend yield at 2.26%, compared with 0.46% for OASC.

What is the main difference between OASC and DES?

They also come from different issuers: Oneascent and WisdomTree. Their fees differ too: 0.69% for OASC and 0.38% for DES.

Which has better risk-adjusted returns?

DES currently has the higher Sharpe Ratio (1.95 vs 1.71), 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.