OASC vs. ISMD

Last updated Jun 24, 2026

OASC (OneAscent Enhanced Small and Mid Cap ETF) and ISMD (Inspire Small/Mid Cap Impact ETF) are both Small Cap Blend Equities funds. OASC is actively managed, while ISMD is passively managed. Over the past year, OASC returned 36.21% vs 38.78% for ISMD. Their correlation of 0.92 suggests significant overlap in exposure. OASC charges 0.69%/yr vs 0.57%/yr for ISMD.

Performance

OASC vs. ISMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent Enhanced Small and Mid Cap ETF (OASC) and Inspire Small/Mid Cap Impact ETF (ISMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OASC achieves a 17.73% return, which is significantly lower than ISMD's 25.15% return.

OASC

• 1D: -1.61%
• 1M: 2.64%
• YTD: 17.73%
• 6M: 15.57%
• 1Y: 36.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ISMD

• 1D: -0.48%
• 1M: 4.38%
• YTD: 25.15%
• 6M: 22.92%
• 1Y: 38.78%
• 3Y*: 17.34%
• 5Y*: 8.35%
• 10Y*: —

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

OASC vs. ISMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OASC OneAscent Enhanced Small and Mid Cap ETF	17.73%	8.91%	10.35%
ISMD Inspire Small/Mid Cap Impact ETF	25.15%	4.14%	7.86%

Correlation

The correlation between OASC and ISMD is 0.89, 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	0.89
Correlation (All Time) Calculated using the full available price history since Jun 13, 2024	0.92

The correlation between OASC and ISMD has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

OASC vs. ISMD - Sectors Allocation Comparison

Sectors	OASC	ISMD
Technology	27.2%	17.6%
Financial Services	22.4%	15.0%
Healthcare	12.4%	10.4%
Consumer Cyclical	11.3%	11.0%
Industrials	10.9%	16.7%
Basic Materials	5.4%	4.8%
Energy	3.4%	3.7%
Utilities	2.1%	3.1%
Real Estate	2.1%	8.1%
Consumer Defensive	1.5%	5.3%
Communication Services	1.3%	2.8%

Return for Risk

OASC vs. ISMD — Risk / Return Rank

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

OASC

OASC Risk / Return Rank: 74
OASC Sharpe Ratio Rank: 67
OASC Sortino Ratio Rank: 70
OASC Omega Ratio Rank: 60
OASC Calmar Ratio Rank: 88
OASC Martin Ratio Rank: 85

ISMD

ISMD Risk / Return Rank: 71
ISMD Sharpe Ratio Rank: 69
ISMD Sortino Ratio Rank: 69
ISMD Omega Ratio Rank: 63
ISMD Calmar Ratio Rank: 81
ISMD Martin Ratio Rank: 73

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.

OASC vs. ISMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Enhanced Small and Mid Cap ETF (OASC) and Inspire Small/Mid Cap Impact ETF (ISMD). 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	ISMD	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.08	-0.10
Sortino ratio: Return per unit of downside risk	2.85	2.92	-0.07
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.02
Calmar ratio: Return relative to maximum drawdown	4.74	4.04	+0.70
Martin ratio: Return relative to average drawdown	15.84	12.71	+3.14

OASC vs. ISMD - Sharpe Ratio Comparison

The current OASC Sharpe Ratio is 1.98, which is comparable to the ISMD Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of OASC and ISMD, 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. ISMD - Drawdown Comparison

The maximum OASC drawdown since its inception was -27.00%, smaller than the maximum ISMD drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for OASC and ISMD.

Drawdown Indicators

	OASC	ISMD	Difference
Max Drawdown Largest peak-to-trough decline	-27.00%	-44.60%	+17.60%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-9.64%	+1.97%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.64%	—
Current Drawdown Current decline from peak	-1.61%	-0.64%	-0.97%
Average Drawdown Average peak-to-trough decline	-5.92%	-8.13%	+2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	3.06%	-0.77%

Volatility

OASC vs. ISMD - Volatility Comparison

OneAscent Enhanced Small and Mid Cap ETF (OASC) and Inspire Small/Mid Cap Impact ETF (ISMD) have volatilities of 5.67% and 5.66%, 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

	OASC	ISMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.67%	5.66%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	12.97%	13.05%	-0.08%
Volatility (1Y) Calculated over the trailing 1-year period	18.41%	18.76%	-0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.96%	20.88%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	23.72%	-2.76%

OASC vs. ISMD - Expense Ratio Comparison

OASC has a 0.69% expense ratio, which is higher than ISMD's 0.57% expense ratio.

Dividends

OASC vs. ISMD - Dividend Comparison

OASC's dividend yield for the trailing twelve months is around 0.45%, less than ISMD's 0.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISMD Inspire Small/Mid Cap Impact ETF	0.92%	1.21%	1.24%	1.17%	1.28%	9.35%	0.99%	0.88%	1.35%	2.02%
OASC OneAscent Enhanced Small and Mid Cap ETF	0.45%	0.53%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OASC and ISMD in my portfolio?

OASC and ISMD have a correlation of 0.89, 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 ISMD?

OASC has higher volatility (5.67%) compared to ISMD (5.66%). In terms of maximum drawdown, OASC dropped -27.00% vs ISMD's -44.60%.

Which ETF is better, OASC or ISMD?

On 1-year performance, ISMD leads with 38.78% vs 36.21% for OASC. On fees, ISMD is cheaper at 0.57% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OASC or ISMD?

Over the 1-year period, ISMD has performed better with a 38.78% return vs 36.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OASC or ISMD?

ISMD is cheaper with a 0.57% expense ratio, compared with 0.69% for OASC.

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

ISMD has the higher dividend yield at 0.92%, compared with 0.45% for OASC.

What is the main difference between OASC and ISMD?

They also come from different issuers: Oneascent and Inspire. Their fees differ too: 0.69% for OASC and 0.57% for ISMD.

Which has better risk-adjusted returns?

ISMD currently has the higher Sharpe Ratio (2.08 vs 1.98), 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.