ACIO vs OALC
Aptus Collared Investment Opportunity ETF vs OneAscent Large Cap Core ETF
Which is better, ACIO or OALC?
Nearly the same fund. OALC costs less.
OALC has a lower expense ratio. OALC led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. OALC is less concentrated, with 33.2% of the fund in its ten largest positions against 40.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACIO | OALC |
|---|---|---|
| Expense Ratio | 0.79% | 0.49%Best |
| AUM | $2.4B | $265M |
| Dividend Yield | 0.37% | 0.52% |
| Holdings | 524 | 424 |
| YTD Return | +9.18% | +17.64%Best |
| 1Y Return | +9.97% | +21.66%Best |
| 3Y Return (annualized) | +16.06% | +23.21%Best |
| 5Y Return (annualized) | +10.27% | +11.31%Best |
| Volatility (annualized) | 10.5%Best | 15.3% |
| Max Drawdown | -14.0%Best | -26.8% |
| $10,000 over 5 years | $16,304 | $17,087Best |
| Top 10 Weight | 40.4% | 33.2%Best |
| Fund Family | Aptus ETFs | OneAscent Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 9, 2019 | Nov 15, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2021 to Oct 13, 2026 (4.9 years).
ACIO vs OALC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.9 years both funds cover.
ACIO vs OALC Performance
Aptus Collared Investment Opportunity ETF (ACIO) is an ETF from Aptus ETFs and OneAscent Large Cap Core ETF (OALC) is an ETF from OneAscent Investments. Over the past year ACIO returned +9.97% while OALC returned +21.66%. Year to date, ACIO is up 9.18% versus a gain of 17.64% for OALC.
Over three years, ACIO compounded at +16.06% per year against +23.21% for OALC; over five years the annualized figures are +10.27% and +11.31% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OALC has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.5% for ACIO. 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 -14.0% for ACIO and -26.8% for OALC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACIO charges 0.79% per year while OALC charges 0.49%. On a $10,000 position that is $79 vs $49 annually, a gap of $30 per year that compounds over a long holding period. On income, ACIO currently yields 0.37% against 0.52% for OALC.
Holdings Overlap
71.8% of ACIO's money is in holdings OALC also owns. 74.5% of OALC's money is in holdings ACIO also owns.
Most of OALC is already inside ACIO. Owning both mostly buys the same companies twice.
113 positions in common, counted across the 165 positions we hold weights for in ACIO and 211 in OALC, against full books of 524 and 424.
What only one of them owns
Our book lists 97 positions for OALC that do not appear in our book for ACIO (24.6% of the fund), and 51 for ACIO that do not appear in OALC (27.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACIO | Weight in OALC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.77% | 8.10% | 0.33% |
| MSFTMicrosoft Corp | 5.75% | 6.13% | 0.38% |
| GOOGAlphabet Inc. C | 5.60% | 2.57% | 3.03% |
| AMZNAmazon.Com Inc | 3.79% | 3.93% | 0.14% |
| AVGOBroadcom Inc | 2.49% | 2.68% | 0.19% |
| JPMJpmorgan Chase | 1.77% | 1.75% | 0.02% |
| MUMicron Technology, Inc. | 1.63% | 1.71% | 0.08% |
| VVisa Inc Class A | 1.91% | 1.30% | 0.61% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.47% | 1.55% | 0.08% |
| LLYEli Lilly & Co. | 1.40% | 1.61% | 0.21% |
74.5% of OALC is already inside ACIO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACIO or OALC?
ACIO has an expense ratio of 0.79% while OALC charges 0.49%. OALC is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, ACIO or OALC?
Over the past year ACIO returned +9.97% vs +21.66% for OALC, so OALC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACIO or OALC?
OALC has been the more volatile fund at 15.3% annualized versus 10.5% for ACIO. Worst drawdown: ACIO -14.0% vs OALC -26.8%.
Should I hold both ACIO and OALC?
ACIO and OALC have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACIO and OALC?
74.5% of OALC's money is in holdings ACIO also owns. 74.5% of OALC's is in holdings ACIO also owns. They hold 113 positions in common, counted across the 165 positions we hold weights for in ACIO and 211 in OALC.
Which pays a higher dividend, ACIO or OALC?
ACIO yields 0.37% while OALC yields 0.52%, so OALC currently pays the higher dividend yield.
Is OALC better than ACIO?
OALC has a lower expense ratio. OALC led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. OALC is less concentrated, with 33.2% of the fund in its ten largest positions against 40.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.