OALC ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
OALC, the OneAscent Large Cap Core ETF, is an actively managed U.S. large-cap ETF that applies values-based screening and excludes controversial industries such as tobacco and weapons. Its management fee, dividend, and screening method are the key differences from standard core ETFs like VOO and IVV, and the main criteria for assessing its outlook.
SubscribeWhat Is the OneAscent Large Cap Core ETF?
This is an actively managed ETF that invests most of its net assets in U.S. large-cap common stocks and builds its portfolio through a values-based screening process aimed at capital appreciation. It seeks core large-cap exposure while excluding certain industries based on the manager's own criteria.
It suits investors who want core U.S. large-cap exposure but prefer a portfolio with values-based screening applied.
It is an ETF run with an active management approach by OneAscent.
How Does the OneAscent Large Cap Core ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | Benchmark: S&P 500 (with values-based screening applied) |
| Management Style | Active (values-based screening) |
| Rebalancing Frequency | At the manager's discretion |
| Dividend Frequency | Annual |
| Total Expense Ratio | 0.49% |
The portfolio is built on a U.S. large-cap universe, with a values-based screening procedure that excludes controversial industries such as tobacco, weapons, and gambling, as well as companies that fall short of ESG standards. It diversifies across a broad range of large-cap stocks while taking an active approach in which the manager selects holdings at its discretion.
- Values-based screening procedure applied
- Core U.S. large-cap exposure
OneAscent Large Cap Core ETF Size and Costs (AUM and Expense Ratio)
Assets under management (AUM) stand at $279.5M, and the total expense ratio is 0.49% per year.
Because values-based screening is applied, the composition of its holdings may differ from that of broad core ETFs.
OneAscent Large Cap Core ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeIt tends to move in line with the broader U.S. large-cap market, and its short-term performance is affected by swings in large growth stocks such as Big Tech, as well as interest rates and earnings season. Because the screening excludes some industries, its trend can diverge from that of broad indexes.
Fund flows reflect demand for values-based investing, and its asset size places it in the small-to-mid-sized category compared with standard core ETFs. During volatile markets, its large-cap exposure can also produce fund flows similar to those of broad indexes.
OneAscent Large Cap Core ETF Strengths and Weaknesses
Its strengths are values-based screening and core large-cap exposure, while the higher fees that come with active management and its modest size are factors to consider.
💪 Key Strengths
⚠️ Points of Caution
Alternative ETFs and Related Products to the OneAscent Large Cap Core ETF
DYNF and THRO, shown in the table, are comparison targets in the same active management category and pursue large-cap and thematic rotation, while ARKK is an active ETF focused on innovative growth stocks. If you want broad large-cap core exposure at a lower fee, VOO and IVV are direct substitutes, and from a values-screening perspective, SCHD, which centers on dividend growth stocks, is also worth considering.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 DYNF | iShares U.S. Equity Factor Rotation Active ETF | $67.35 | -2.0% | $42.7B | 0.26% | 0.83% | +11.1% |
 THRO | iShares U.S. Thematic Rotation Active ETF | $43.05 | -2.1% | $7.5B | 0.57% | 0.3% | +11.6% |
 ARKK | ARK Innovation ETF | $80.75 | -6.1% | $6.5B | 0.75% | - | -5.8% |
 JMEE | JPMorgan Small & Mid Cap Enhanced Equity ETF | $74.81 | -1.3% | $3.0B | 0.24% | 0.97% | +18.7% |
 PSC | Principal U.S. Small-Cap ETF | $68.37 | -1.7% | $2.8B | 0.38% | 0.59% | +21.2% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corp | 0.23% | $204.64 | -4.2% | $4.93T | 25.9 | 0.38% |
| MSFT | Microsoft Corp | 0.17% | $521.91 | -1.6% | $3.88T | 27.3 | 0.74% |
| AMZN | Amazon.com Inc | 0.12% | $240.35 | -1.4% | $2.59T | 19.4 | - |
| GOOG | Alphabet Inc | 0.04% | $278.22 | -1.4% | $3.41T | 14.5 | 0.31% |
OneAscent Large Cap Core ETF Investor Checkpoints
Here are the points to review before investing in OALC. Since it is an active ETF with values-based screening applied, it is wise to check its fees, screening method, and large-cap concentration in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the level of active management fees | Annual fee applies |
| 🔍 Screening Method | Check which industries are excluded under the values-based screen | Screening procedure applied |
| 📊 Top Holdings Concentration | Track the weighting of large growth stocks | Large-cap weighting is high |
| 💱 Exchange Rate | Impact on returns when converted to Korean won | No currency hedge |
Large-cap concentration and exchange rate fluctuations are the main drivers of short-term volatility, and you should also keep in mind that values-based screening excludes some industries, so performance can diverge from broad indexes.
It suits investors who want core U.S. large-cap exposure with values-based screening applied. If cost is the priority, a broad passive core ETF may be the better choice, while if values-based screening matters more, OALC can be an option.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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