OALC vs SPYM
OneAscent Large Cap Core ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, OALC or SPYM?
Nearly the same fund. SPYM costs less.
SPYM has a lower expense ratio. OALC led over 1Y and 3Y, SPYM over 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. OALC is less concentrated, with 34.0% of the fund in its ten largest positions against 39.0%.
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 | OALC | SPYM |
|---|---|---|
| Expense Ratio | 0.49% | 0.02%Best |
| AUM | $280M | $185.2B |
| Dividend Yield | 0.52% | 1.01% |
| Holdings | 424 | 509 |
| YTD Return | +16.12%Best | +13.57% |
| 1Y Return | +19.96%Best | +17.53% |
| 3Y Return (annualized) | +22.66%Best | +22.46% |
| 5Y Return (annualized) | +11.01% | +13.29%Best |
| Volatility (annualized) | 15.3%Best | 15.6% |
| Max Drawdown | -26.8% | -24.5%Best |
| $10,000 over 5 years | $16,858 | $18,662Best |
| Top 10 Weight | 34.0%Best | 39.0% |
| Fund Family | OneAscent Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 15, 2021 | Nov 8, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2021 to Oct 14, 2026 (4.9 years).
OALC vs SPYM 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.
OALC vs SPYM Performance
OneAscent Large Cap Core ETF (OALC) is an ETF from OneAscent Investments and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year OALC returned +19.96% while SPYM returned +17.53%. Year to date, OALC is up 16.12% versus a gain of 13.57% for SPYM.
Over three years, OALC compounded at +22.66% per year against +22.46% for SPYM; over five years the annualized figures are +11.01% and +13.29% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 15.3% for OALC. 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 -24.5% for SPYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 SPYM charges 0.02%. On a $10,000 position that is $49 vs $2 annually, a gap of $47 per year that compounds over a long holding period. On income, OALC currently yields 0.52% against 1.01% for SPYM.
Holdings Overlap
96.0% of OALC's money is in holdings SPYM also owns. 68.2% of SPYM's money is in holdings OALC also owns.
Most of OALC is already inside SPYM. Owning both mostly buys the same companies twice.
195 positions in common, counted across the 211 positions we hold weights for in OALC and 505 in SPYM, against full books of 424 and 509.
What only one of them owns
Our book lists 303 positions for SPYM that do not appear in our book for OALC (31.1% of the fund), and 15 for OALC that do not appear in SPYM (2.9%).
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 OALC | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.63% | 8.49% | 0.14% |
| MSFTMicrosoft Corp | 6.37% | 5.76% | 0.61% |
| AMZNAmazon.Com Inc | 3.83% | 3.70% | 0.13% |
| GOOGLAlphabet Inc | 3.20% | 3.02% | 0.18% |
| AVGOBroadcom Inc | 2.61% | 2.53% | 0.08% |
| GOOGAlphabet Inc. C | 2.59% | 2.42% | 0.17% |
| MUMicron Technology, Inc. | 1.87% | 1.82% | 0.05% |
| AMDAdvanced Micro Devices Inc | 1.61% | 1.55% | 0.06% |
| LLYEli Lilly & Co. | 1.64% | 1.37% | 0.27% |
| JPMJpmorgan Chase | 1.62% | 1.32% | 0.30% |
96.0% of OALC is already inside SPYM.
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, OALC or SPYM?
OALC has an expense ratio of 0.49% while SPYM charges 0.02%. SPYM is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, OALC or SPYM?
Over the past year OALC returned +19.96% vs +17.53% for SPYM, so OALC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OALC or SPYM?
SPYM has been the more volatile fund at 15.6% annualized versus 15.3% for OALC. Worst drawdown: OALC -26.8% vs SPYM -24.5%.
Should I hold both OALC and SPYM?
OALC and SPYM have a monthly-return correlation of 0.97, 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 OALC and SPYM?
96.0% of OALC's money is in holdings SPYM also owns. 68.2% of SPYM's is in holdings OALC also owns. They hold 195 positions in common, counted across the 211 positions we hold weights for in OALC and 505 in SPYM.
Which pays a higher dividend, OALC or SPYM?
OALC yields 0.52% while SPYM yields 1.01%, so SPYM currently pays the higher dividend yield.
Is SPYM better than OALC?
SPYM has a lower expense ratio. OALC led over 1Y and 3Y, SPYM over 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. OALC is less concentrated, with 34.0% of the fund in its ten largest positions against 39.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.