OALC vs SPY
OALC vs SPY
OneAscent Large Cap Core ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. OALC delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | OALC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.09% | |
| AUM | $242M | $789.1B | |
| Dividend Yield | 0.52% | 1.01% | |
| Holdings | 207 | 505 | |
| YTD Return | +17.82% | +13.10% | |
| 1Y Return | +26.68% | +22.80% | |
| 3Y Return (annualized) | +22.36% | +20.98% | |
| 5Y Return (annualized) | - | +13.20% | |
| Volatility (annualized) | 15.5% | 15.3% | |
| Max Drawdown | -26.8% | -56.5% | |
| Fund Family | OneAscent Investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 15, 2021 | Jan 22, 1993 |
OALC vs SPY Performance
OneAscent Large Cap Core ETF (OALC) 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 OALC returned +26.68% while SPY returned +22.80%. Year to date, OALC is up 17.82% versus a gain of 13.10% for SPY.
Over three years, OALC compounded at +22.36% per year against +20.98% for SPY. Across the full 5-year window we track, OALC has the edge at +11.82% annualized vs +8.83%. 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 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 -26.8% for OALC 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
OALC charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, OALC currently yields 0.52% against 1.01% for SPY.
Holdings Overlap
OALC and SPY share 187 holdings out of 519 unique holdings combined, representing a 61.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in OALC | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 7.67% | 7.31% | 0.36% |
| MSFT | 4.88% | 4.43% | 0.45% |
| AMZN | 4.20% | 3.69% | 0.51% |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
See all 10 holdings OALC shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, OALC or SPY?
OALC has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, OALC or SPY?
Over the past year OALC returned +26.68% vs +22.80% for SPY, so OALC leads on 1-year performance. Over the longest common window we track (5 years), OALC annualized +11.82% vs +8.83% for SPY. Past performance does not guarantee future results.
Which is riskier, OALC or SPY?
OALC has been the more volatile fund at 15.5% annualized versus 15.3% for SPY. Worst drawdown: OALC -26.8% vs SPY -56.5%.
Should I hold both OALC and SPY?
OALC and SPY have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between OALC and SPY?
OALC and SPY share 187 common holdings with a 61.4% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, OALC or SPY?
OALC yields 0.52% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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