OASC vs SPY
OneAscent Enhanced Small and Mid Cap ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, OASC or SPY?
Small Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. OASC led over 1Y, SPY over the full window. OASC is less concentrated, with 18.1% of the fund in its ten largest positions against 38.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OASC | SPY |
|---|---|---|
| Expense Ratio | 0.69% | 0.09%Best |
| AUM | $94M | $814.4B |
| Dividend Yield | 0.46% | 1.01% |
| Holdings | 173 | 505 |
| YTD Return | +16.21%Best | +12.71% |
| 1Y Return | +21.87%Best | +19.36% |
| 3Y Return (annualized) | - | +21.09% |
| 5Y Return (annualized) | - | +12.69% |
| Volatility (annualized) | 17.6% | 11.9%Best |
| Max Drawdown | -27.3% | -18.8%Best |
| $10,000 over 2.2 years | $13,885 | $14,414Best |
| Top 10 Weight | 18.1%Best | 38.0% |
| Fund Family | OneAscent Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Jun 13, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 13, 2024 to Sep 8, 2026 (2.2 years).
OASC vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
OASC vs SPY Performance
OneAscent Enhanced Small and Mid Cap ETF (OASC) is an ETF from OneAscent Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year OASC returned +21.87% while SPY returned +19.36%. Year to date, OASC is up 16.21% versus a gain of 12.71% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OASC has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 11.9% for SPY. 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 -27.3% for OASC and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OASC charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, OASC currently yields 0.46% against 1.01% for SPY.
Holdings Overlap
20.9% of OASC's money is in holdings SPY also owns. 1.3% of SPY's money is in holdings OASC also owns.
OASC and SPY share little of their money.
20 positions in common, counted across the 169 positions we hold weights for in OASC and 503 in SPY, against full books of 173 and 505.
What only one of them owns
Our book lists 473 positions for SPY that do not appear in our book for OASC (98.1% of the fund), and 145 for OASC that do not appear in SPY (73.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OASC | Weight in SPY | Difference |
|---|---|---|---|
| SNDKSandisk Corp | 2.35% | 0.32% | 2.03% |
| CINFCincinnati Financial Corp. | 1.76% | 0.04% | 1.72% |
| CFCf Industries Ho | 1.68% | 0.03% | 1.65% |
| RLRalph Lauren Corp. Class A | 1.52% | 0.02% | 1.50% |
| SYFSynchrony Financial | 1.47% | 0.04% | 1.43% |
| FLEXFlex Ltd. Ordinary Shares | 1.34% | 0.07% | 1.27% |
| HIGHartford Financial Services Group Inc. | 1.26% | 0.06% | 1.20% |
| COHRCoherent Corp. | 1.19% | 0.10% | 1.09% |
| LITELumentum Holdings Inc | 1.18% | 0.10% | 1.08% |
| INCYIncyte Corp. | 1.10% | 0.03% | 1.07% |
20.9% of OASC is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OASC or SPY?
OASC has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, OASC or SPY?
Over the past year OASC returned +21.87% vs +19.36% for SPY, so OASC leads on 1-year performance. Over the longest common window we track (2 years), OASC annualized +16.09% vs +18.08% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OASC or SPY?
OASC has been the more volatile fund at 17.6% annualized versus 11.9% for SPY. Worst drawdown: OASC -27.3% vs SPY -18.8%.
Should I hold both OASC and SPY?
OASC and SPY have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OASC and SPY?
20.9% of OASC's money is in holdings SPY also owns. 1.3% of SPY's is in holdings OASC also owns. They hold 20 positions in common, counted across the 169 positions we hold weights for in OASC and 503 in SPY.
Which pays a higher dividend, OASC or SPY?
OASC yields 0.46% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than OASC?
SPY has a lower expense ratio. OASC led over 1Y, SPY over the full window. OASC is less concentrated, with 18.1% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.