OASC vs SPY
OneAscent Enhanced Small and Mid Cap ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. OASC delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | OASC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.69% | 0.09% | |
| AUM | $90M | $789.1B | |
| Dividend Yield | 0.44% | 1.01% | |
| Holdings | 186 | 505 | |
| YTD Return | +19.40% | +13.68% | |
| 1Y Return | +30.62% | +21.53% | |
| 3Y Return (annualized) | - | +21.44% | |
| 5Y Return (annualized) | - | +13.18% | |
| Volatility (annualized) | 18.0% | 15.3% | |
| Max Drawdown | -27.3% | -56.5% | |
| Fund Family | OneAscent Investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 13, 2024 | Jan 22, 1993 |
OASC vs SPY Performance
OneAscent Enhanced Small and Mid Cap ETF (OASC) 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 OASC returned +30.62% while SPY returned +21.53%. Year to date, OASC is up 19.40% versus a gain of 13.68% for SPY.
Risk: Volatility and Drawdowns
OASC has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 15.3% 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 -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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
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 0.44% against 1.01% for SPY.
Holdings Overlap
OASC and SPY share 24 holdings out of 663 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $60 per year of difference.
Which performed better, OASC or SPY?
Over the past year OASC returned +30.62% vs +21.53% for SPY, so OASC leads on 1-year performance. Over the longest common window we track (2 years), OASC annualized +18.15% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, OASC or SPY?
OASC has been the more volatile fund at 18.0% annualized versus 15.3% for SPY. Worst drawdown: OASC -27.3% vs SPY -56.5%.
Should I hold both OASC and SPY?
OASC and SPY have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OASC and SPY?
OASC and SPY share 24 common holdings with a 1.4% weight overlap. Combined, they hold 663 unique securities.
Which pays a higher dividend, OASC or SPY?
OASC yields 0.44% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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