OASC vs. SMCP

Last updated Jun 4, 2026

OASC (OneAscent Enhanced Small and Mid Cap ETF) and SMCP (AlphaMark Actively Managed Small Cap ETF) are both Small Cap Blend Equities funds. OASC is actively managed, while SMCP is passively managed. At a 0.29 correlation, their price movements are largely independent. OASC charges 0.69%/yr vs 0.90%/yr for SMCP.

Performance

OASC vs. SMCP - Performance Comparison

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

Returns By Period

OASC

• 1D: -0.70%
• 1M: 3.98%
• YTD: 16.43%
• 6M: 17.89%
• 1Y: 36.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMCP

• 1D: -0.30%
• 1M: -25.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OASC vs. SMCP - Yearly Performance Comparison

	2026 (YTD)
OASC OneAscent Enhanced Small and Mid Cap ETF	10.61%
SMCP AlphaMark Actively Managed Small Cap ETF	-25.99%

Correlation

The correlation between OASC and SMCP is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 9, 2026	0.29

OASC vs. SMCP - Sectors Allocation Comparison

Sectors	OASC	SMCP
Technology	25.1%	11.1%
Financial Services	23.4%	98.8%
Healthcare	12.6%	11.0%
Consumer Cyclical	11.5%	7.3%
Industrials	11.3%	13.1%
Basic Materials	5.3%	7.9%
Energy	3.6%	7.6%
Utilities	2.2%	3.0%
Real Estate	2.1%	3.1%
Consumer Defensive	1.6%	8.1%
Communication Services	1.3%	4.0%

Return for Risk

OASC vs. SMCP — Risk / Return Rank

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

OASC

OASC Risk / Return Rank: 70
OASC Sharpe Ratio Rank: 61
OASC Sortino Ratio Rank: 63
OASC Omega Ratio Rank: 57
OASC Calmar Ratio Rank: 86
OASC Martin Ratio Rank: 81

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. SMCP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Enhanced Small and Mid Cap ETF (OASC) and AlphaMark Actively Managed Small Cap ETF (SMCP). 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.

	OASC	SMCP	Difference
Sharpe ratio: Return per unit of total volatility	2.02	—	—
Sortino ratio: Return per unit of downside risk	2.91	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	4.74	—	—
Martin ratio: Return relative to average drawdown	15.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OASC	SMCP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	-1.43	+2.33

Drawdowns

OASC vs. SMCP - Drawdown Comparison

The maximum OASC drawdown since its inception was -27.00%, roughly equal to the maximum SMCP drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for OASC and SMCP.

Drawdown Indicators

	OASC	SMCP	Difference
Max Drawdown Largest peak-to-trough decline	-27.00%	-27.86%	+0.86%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	—	—
Current Drawdown Current decline from peak	-0.70%	-25.99%	+25.29%
Average Drawdown Average peak-to-trough decline	-6.06%	-5.33%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	—	—

Volatility

Volatility by Period

	OASC	SMCP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	43.62%	-25.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.95%	43.62%	-22.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.95%	43.62%	-22.67%

OASC vs. SMCP - Expense Ratio Comparison

OASC has a 0.69% expense ratio, which is lower than SMCP's 0.90% expense ratio.

Dividends

OASC vs. SMCP - Dividend Comparison

OASC's dividend yield for the trailing twelve months is around 0.46%, while SMCP has not paid dividends to shareholders.

Position	TTM	2025	2024
OASC OneAscent Enhanced Small and Mid Cap ETF	0.46%	0.53%	0.46%
SMCP AlphaMark Actively Managed Small Cap ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OASC and SMCP in my portfolio?

OASC and SMCP have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OASC or SMCP?

On fees, OASC is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OASC or SMCP?

OASC is cheaper with a 0.69% expense ratio, compared with 0.90% for SMCP.

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

OASC has the higher dividend yield at 0.46%, compared with 0.00% for SMCP.

What is the main difference between OASC and SMCP?

They also come from different issuers: Oneascent and AlphaMark Advisors. Their fees differ too: 0.69% for OASC and 0.90% for SMCP.