OALC vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. OALC offers more diversification with 203 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: OALC

Side-by-Side Comparison

MetricOALCSCHDWinner
Expense Ratio0.49%0.06%
AUM$242M$103.7B
Dividend Yield0.52%3.31%
Holdings207104
YTD Return+18.14%+23.31%
1Y Return+27.84%+30.42%
3Y Return (annualized)+22.50%+14.66%
5Y Return (annualized)-+9.59%
Volatility (annualized)15.5%13.6%
Max Drawdown-26.8%-33.4%
Fund FamilyOneAscent InvestmentsCharles Schwab Asset Management
CategoryEquityEquity
InceptionNov 15, 2021Oct 20, 2011

OALC vs SCHD Performance

OneAscent Large Cap Core ETF (OALC) 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 OALC returned +27.84% while SCHD returned +30.42%. Year to date, OALC is up 18.14% versus a gain of 23.31% for SCHD.

Over three years, OALC compounded at +22.50% per year against +14.66% for SCHD. Across the full 5-year window we track, OALC has the edge at +11.89% annualized vs +11.34%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

OALC has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.6% for SCHD. 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 -26.8% for OALC 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

OALC charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, OALC currently yields 0.52% against 3.31% for SCHD.

Holdings Overlap

9.6%overlap

OALC and SCHD share 20 holdings out of 283 unique holdings combined, representing a 9.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in OALCWeight in SCHDDifference
MRK1.02%4.32%3.30%
HD1.03%4.16%3.13%
KO0.96%4.08%3.12%
ABTProProPro
CVXProProPro
VZProProPro
TXNProProPro
PEPProProPro
COPProProPro
BMYProProPro
See all 10 holdings OALC shares with SCHD
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Frequently Asked Questions

Which is cheaper, OALC or SCHD?

OALC has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $43 per year of difference.

Which performed better, OALC or SCHD?

Over the past year OALC returned +27.84% vs +30.42% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), OALC annualized +11.89% vs +11.34% for SCHD. Past performance does not guarantee future results.

Which is riskier, OALC or SCHD?

OALC has been the more volatile fund at 15.5% annualized versus 13.6% for SCHD. Worst drawdown: OALC -26.8% vs SCHD -33.4%.

Should I hold both OALC and SCHD?

OALC and SCHD 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 OALC and SCHD?

OALC and SCHD share 20 common holdings with a 9.6% weight overlap. Combined, they hold 283 unique securities.

Which pays a higher dividend, OALC or SCHD?

OALC yields 0.52% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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