OASC vs. SFLO

Last updated Aug 2, 2026

OASC (OneAscent Enhanced Small and Mid Cap ETF) and SFLO (Victoryshares Small Cap Free Cash Flow ETF) are both Small Cap Blend Equities funds. OASC is actively managed, while SFLO is passively managed. Over the past year, OASC returned 33.23% vs 44.31% for SFLO. Their 0.75 correlation means they have sometimes moved together and sometimes differently. OASC charges 0.69%/yr vs 0.49%/yr for SFLO.

Performance

OASC vs. SFLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent Enhanced Small and Mid Cap ETF (OASC) and Victoryshares Small Cap Free Cash Flow ETF (SFLO). 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 SFLO's 27.87% return.

OASC

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

SFLO

• 1D: 0.33%
• 1M: 6.46%
• 6M: 25.77%
• YTD: 27.87%
• 1Y: 44.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.65%

*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)
OASC OneAscent Enhanced Small and Mid Cap ETF	$560.82K	$529.42K	$419.26K
SFLO Victoryshares Small Cap Free Cash Flow ETF	$4.38M	$3.53M	$2.43M

OASC vs. SFLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OASC OneAscent Enhanced Small and Mid Cap ETF	15.43%	8.91%	10.35%
SFLO Victoryshares Small Cap Free Cash Flow ETF	27.87%	11.88%	2.05%

Correlation

The correlation between OASC and SFLO is 0.58, 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.	0.58
Correlation (All Time) Calculated using the full available price history since Jun 13, 2024	0.75

The correlation between OASC and SFLO shifts across timeframes, from 0.58 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

OASC vs. SFLO - Sectors Allocation Comparison

Sectors	OASC	SFLO
Technology	27.0%	32.1%
Financial Services	23.3%	0.2%
Healthcare	13.2%	16.3%
Consumer Cyclical	11.4%	12.6%
Industrials	10.7%	8.3%
Basic Materials	4.7%	0.8%
Energy	3.0%	15.4%
Real Estate	2.4%	0.1%
Utilities	1.7%	0.1%
Consumer Defensive	1.4%	6.1%
Communication Services	1.2%	8.2%

Return for Risk

OASC vs. SFLO — 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

SFLO

SFLO Risk / Return Rank: 92
SFLO Sharpe Ratio Rank: 91
SFLO Sortino Ratio Rank: 91
SFLO Omega Ratio Rank: 88
SFLO Calmar Ratio Rank: 95
SFLO Martin Ratio Rank: 94

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. SFLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Enhanced Small and Mid Cap ETF (OASC) and Victoryshares Small Cap Free Cash Flow ETF (SFLO). 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	SFLO	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.30	-0.59
Sortino ratio: Return per unit of downside risk	2.54	3.26	-0.72
Omega ratio: Gain probability vs. loss probability	1.29	1.39	-0.10
Calmar ratio: Return relative to maximum drawdown	4.11	5.22	-1.11
Martin ratio: Return relative to average drawdown	12.70	17.48	-4.78

OASC vs. SFLO - Sharpe Ratio Comparison

The current OASC Sharpe Ratio is 1.71, which is comparable to the SFLO Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of OASC and SFLO, 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. SFLO - Drawdown Comparison

The maximum OASC drawdown since its inception was -27.00%, roughly equal to the maximum SFLO drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for OASC and SFLO.

Drawdown Indicators

	OASC	SFLO	Difference
Max Drawdown Largest peak-to-trough decline	-27.00%	-26.63%	-0.37%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	-7.80%	+0.13%
Current Drawdown Current decline from peak	-5.41%	-1.26%	-4.15%
Average Drawdown Average peak-to-trough decline	-5.78%	-4.15%	-1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	2.33%	+0.15%

Volatility

OASC vs. SFLO - Volatility Comparison

The current volatility for OneAscent Enhanced Small and Mid Cap ETF (OASC) is 5.14%, while Victoryshares Small Cap Free Cash Flow ETF (SFLO) has a volatility of 5.58%. This indicates that OASC experiences smaller price fluctuations and is considered to be less risky than SFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OASC	SFLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.14%	5.58%	-0.44%
Volatility (6M) Calculated over the trailing 6-month period	13.48%	13.04%	+0.44%
Volatility (1Y) Calculated over the trailing 1-year period	18.51%	17.73%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.79%	20.50%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.79%	20.50%	+0.29%

OASC vs. SFLO - Expense Ratio Comparison

OASC has a 0.69% expense ratio, which is higher than SFLO's 0.49% expense ratio.

Dividends

OASC vs. SFLO - Dividend Comparison

OASC's dividend yield for the trailing twelve months is around 0.46%, less than SFLO's 0.72% yield.

Position	TTM	2025	2024
OASC OneAscent Enhanced Small and Mid Cap ETF	0.46%	0.53%	0.46%
SFLO Victoryshares Small Cap Free Cash Flow ETF	0.72%	1.04%	1.28%

Frequently Asked Questions

Can I hold both OASC and SFLO in my portfolio?

OASC and SFLO have a correlation of 0.58, 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 SFLO?

SFLO has higher volatility (5.58%) compared to OASC (5.14%). In terms of maximum drawdown, OASC dropped -27.00% vs SFLO's -26.63%.

Which ETF is better, OASC or SFLO?

On 1-year performance, SFLO leads with 44.31% vs 33.23% for OASC. On fees, SFLO is cheaper at 0.49% per year. On volatility, OASC has been the lower-risk option at 5.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OASC or SFLO?

Over the 1-year period, SFLO has performed better with a 44.31% return vs 33.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OASC or SFLO?

SFLO is cheaper with a 0.49% expense ratio, compared with 0.69% for OASC.

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

SFLO has the higher dividend yield at 0.72%, compared with 0.46% for OASC.

What is the main difference between OASC and SFLO?

They also come from different issuers: Oneascent and Victory. Their fees differ too: 0.69% for OASC and 0.49% for SFLO.

Which has better risk-adjusted returns?

SFLO currently has the higher Sharpe Ratio (2.30 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.