OACP vs SCHD
OACP vs SCHD
OneAscent Core Plus Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. OACP offers more diversification with 129 holdings.
Side-by-Side Comparison
| Metric | OACP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.67% | 0.06% | |
| AUM | $268M | $103.7B | |
| Dividend Yield | 4.69% | 3.31% | |
| Holdings | 255 | 104 | |
| YTD Return | -0.70% | +22.69% | |
| 1Y Return | +2.76% | +30.94% | |
| 3Y Return (annualized) | +4.37% | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 6.5% | 13.7% | |
| Max Drawdown | -11.8% | -33.4% | |
| Fund Family | OneAscent Investments | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 30, 2022 | Oct 20, 2011 |
OACP vs SCHD Performance
OneAscent Core Plus Bond ETF (OACP) is a ETF from OneAscent Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year OACP returned +2.76% while SCHD returned +30.94%. Year to date, OACP is down 0.70% versus a gain of 22.69% for SCHD.
Over three years, OACP compounded at +4.37% per year against +14.20% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.31% annualized vs +1.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 6.5% for OACP. 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 -11.8% for OACP and -33.4% for SCHD. 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OACP charges 0.67% per year while SCHD charges 0.06%. On a $10,000 position that is $67 vs $6 annually, a gap of $61 per year that compounds over a long holding period. On income, OACP currently yields 4.69% against 3.31% for SCHD.
Holdings Overlap
OACP and SCHD share 0 holdings out of 229 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, OACP or SCHD?
OACP has an expense ratio of 0.67% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, OACP or SCHD?
Over the past year OACP returned +2.76% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), OACP annualized +1.47% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, OACP or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 6.5% for OACP. Worst drawdown: OACP -11.8% vs SCHD -33.4%.
Should I hold both OACP and SCHD?
OACP and SCHD have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OACP and SCHD?
OACP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 229 unique securities.
Which pays a higher dividend, OACP or SCHD?
OACP yields 4.69% while SCHD yields 3.31%, so OACP currently pays the higher dividend yield.
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