OAIM vs SPY
OneAscent International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | OAIM | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.89% | 0.09% | |
| AUM | $359M | $789.1B | |
| Dividend Yield | 0.86% | 1.01% | |
| Holdings | 61 | 505 | |
| YTD Return | +13.19% | +13.39% | |
| 1Y Return | +22.03% | +22.52% | |
| 3Y Return (annualized) | +17.77% | +21.36% | |
| 5Y Return (annualized) | - | +13.19% | |
| Volatility (annualized) | 13.7% | 15.3% | |
| Max Drawdown | -14.7% | -56.5% | |
| Fund Family | OneAscent Investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 14, 2022 | Jan 22, 1993 |
OAIM vs SPY Performance
OneAscent International Equity ETF (OAIM) is a ETF from OneAscent Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year OAIM returned +22.03% while SPY returned +22.52%. Year to date, OAIM is up 13.19% versus a gain of 13.39% for SPY.
Over three years, OAIM compounded at +17.77% per year against +21.36% for SPY. Across the full 4-year window we track, OAIM has the edge at +19.85% annualized vs +8.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.7% for OAIM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.7% for OAIM and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OAIM charges 0.89% per year while SPY charges 0.09%. On a $10,000 position that is $89 vs $9 annually, a gap of $80 per year that compounds over a long holding period. On income, OAIM currently yields 0.86% against 1.01% for SPY.
Holdings Overlap
OAIM and SPY share 0 holdings out of 550 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, OAIM or SPY?
OAIM has an expense ratio of 0.89% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $80 per year of difference.
Which performed better, OAIM or SPY?
Over the past year OAIM returned +22.03% vs +22.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), OAIM annualized +19.85% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, OAIM or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 13.7% for OAIM. Worst drawdown: OAIM -14.7% vs SPY -56.5%.
Should I hold both OAIM and SPY?
OAIM and SPY have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OAIM and SPY?
OAIM and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 550 unique securities.
Which pays a higher dividend, OAIM or SPY?
OAIM yields 0.86% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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