OneAscent Small Cap Core ETF (OASC)

Overview

The OneAscent Small Cap Core ETF (OSCC) aims to provide broad exposure to U.S. small-capitalization equities that are considered undervalued, following a core investment strategy. It focuses on identifying companies with solid fundamentals and growth potential within the small-cap segment of the market.

Reputation and Reliability

OneAscent Investments is a relatively newer player in the ETF space, but it emphasizes a values-based investment approach. Their reputation is built around integrating environmental, social, and governance (ESG) principles alongside traditional financial analysis.

Management Expertise

The management team at OneAscent Investments brings experience in investment management, research, and an emphasis on their proprietary values-based screening process. Specific details on individual portfolio managers for OSCC would require deeper fund documentation review.

Goal

To achieve long-term capital appreciation by investing in a diversified portfolio of U.S. small-capitalization companies that meet OneAscent's screening criteria, which often includes ESG considerations.

Investment Approach and Strategy

Strategy: The ETF aims to offer a core exposure to the U.S. small-cap market, focusing on a 'core' approach rather than aggressive growth or deep value. It utilizes a proprietary methodology to select stocks that are deemed undervalued relative to their intrinsic worth and potential for growth, often with an overlay of ESG factors.

Composition The ETF primarily holds U.S. common stocks of companies with small market capitalizations. The selection process involves fundamental analysis and screening for specific investment criteria, including financial health and potential for appreciation.

Market Share: As a smaller, more specialized ETF, OSCC likely holds a very small market share within the broader U.S. small-cap ETF universe.

Total Net Assets (AUM): 141.84 million USD

Key Competitors

• iShares Russell 2000 ETF (IWM)
• Vanguard Small-Cap ETF (VB)
• iShares Core S&P Small-Cap ETF (IJR)

Competitive Landscape

The U.S. small-cap ETF market is highly competitive and dominated by large, established providers like iShares and Vanguard. These competitors offer broad, low-cost index-tracking ETFs with massive AUM. OSCC's competitive advantage lies in its specialized, values-based and ESG-integrated approach, which caters to a niche segment of investors. However, its smaller size and potentially higher expense ratio compared to passive index funds may be disadvantages.

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Benchmark Comparison: The ETF aims to outperform a passively managed benchmark over the long term by actively selecting undervalued small-cap stocks. Its performance relative to benchmarks like the Russell 2000 Growth Index or the S&P SmallCap 600 would be a key metric to monitor.

Expense Ratio: 0.60%

Average Trading Volume

The average trading volume for OSCC is relatively low, suggesting moderate liquidity. This can lead to wider bid-ask spreads and potentially higher trading costs for large trades.

Bid-Ask Spread

The bid-ask spread for OSCC can vary, but it is generally wider than that of larger, more liquid ETFs, which implies a higher cost to enter and exit positions.

Market Environment Factors

The performance of OSCC is significantly influenced by the overall economic outlook, interest rate policies, and investor sentiment towards small-cap equities. Sector-specific trends within small businesses, regulatory changes, and the prevailing market appetite for value and ESG-integrated investments also play a crucial role.

Growth Trajectory

As a newer ETF, OSCC's growth trajectory will depend on its ability to attract assets by demonstrating consistent performance and effectively communicating its unique investment philosophy. Changes in strategy and holdings are expected as the management team continuously evaluates the market and its investment universe.

Competitive Edge

OSCC's primary competitive edge lies in its proprietary values-based screening process, which integrates ESG factors with fundamental analysis to identify undervalued small-cap companies. This niche focus appeals to investors seeking both financial returns and alignment with specific ethical or sustainable principles. The active selection methodology, aiming to outperform passive benchmarks, differentiates it from many index-tracking small-cap ETFs.

Volatility

Small-cap stocks are inherently more volatile than large-cap stocks due to their smaller size, less established business models, and greater sensitivity to economic fluctuations. OSCC, by investing in this segment, is expected to exhibit higher historical volatility.

Market Risk

The ETF is exposed to market risk, particularly the systematic risk associated with the U.S. equity market and the specific risks associated with the small-cap segment. This includes potential downturns in the broader economy, sector-specific downturns, and individual company-specific risks for the holdings.

Ideal Investor Profile

The ideal investor for OSCC is one who seeks exposure to U.S. small-cap equities with a focus on companies that align with their values, including ESG principles. This investor is likely looking for long-term growth and is comfortable with the inherent volatility of smaller companies, while also valuing an active management approach to stock selection.

Market Risk

OSCC is best suited for long-term investors who believe in the growth potential of small-cap companies and appreciate an actively managed, values-driven investment strategy. It is less suitable for active traders seeking highly liquid, short-term plays due to its current trading volume.

The OneAscent Small Cap Core ETF (OSCC) offers a differentiated approach to U.S. small-cap investing by integrating a proprietary values-based screening with fundamental analysis, often including ESG criteria. Its goal is long-term capital appreciation through active selection of undervalued companies. While competing in a crowded market dominated by passive ETFs, OSCC's niche focus provides a competitive advantage for a specific investor segment. Investors should be aware of the inherent volatility of small-cap stocks and OSCC's moderate liquidity.

Data Sources:

• OneAscent Investments Official Website
• ETF Data Provider APIs (e.g., Morningstar, ETFdb)

Disclaimers:

This JSON output is for informational purposes only and does not constitute investment advice. Performance data is historical and not indicative of future results. Investors should conduct their own due diligence and consult with a financial advisor before making investment decisions.