OACP vs VYM
OACP vs VYM
OneAscent Core Plus Bond ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | OACP | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.67% | 0.04% | |
| AUM | $268M | $79.0B | |
| Dividend Yield | 4.69% | 2.86% | |
| Holdings | 255 | 568 | |
| YTD Return | -0.70% | +13.24% | |
| 1Y Return | +2.76% | +23.76% | |
| 3Y Return (annualized) | +4.37% | +16.97% | |
| 5Y Return (annualized) | - | +12.26% | |
| Volatility (annualized) | 6.5% | 14.6% | |
| Max Drawdown | -11.8% | -58.8% | |
| Fund Family | OneAscent Investments | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 30, 2022 | Nov 10, 2006 |
OACP vs VYM Performance
OneAscent Core Plus Bond ETF (OACP) is a ETF from OneAscent Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year OACP returned +2.76% while VYM returned +23.76%. Year to date, OACP is down 0.70% versus a gain of 13.24% for VYM.
Over three years, OACP compounded at +4.37% per year against +16.97% for VYM. Across the full 4-year window we track, VYM has the edge at +6.96% annualized vs +1.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% 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 -58.8% for VYM. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OACP charges 0.67% per year while VYM charges 0.04%. On a $10,000 position that is $67 vs $4 annually, a gap of $63 per year that compounds over a long holding period. On income, OACP currently yields 4.69% against 2.86% for VYM.
Holdings Overlap
OACP and VYM share 0 holdings out of 687 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 VYM?
OACP has an expense ratio of 0.67% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $63 per year of difference.
Which performed better, OACP or VYM?
Over the past year OACP returned +2.76% vs +23.76% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), OACP annualized +1.47% vs +6.96% for VYM. Past performance does not guarantee future results.
Which is riskier, OACP or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 6.5% for OACP. Worst drawdown: OACP -11.8% vs VYM -58.8%.
Should I hold both OACP and VYM?
OACP and VYM have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OACP and VYM?
OACP and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 687 unique securities.
Which pays a higher dividend, OACP or VYM?
OACP yields 4.69% while VYM yields 2.86%, so OACP currently pays the higher dividend yield.
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