Oneascent Core Plus Etf Profile

OACP Etf  USD 22.87  0.03  0.13%   

Performance

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Odds Of Distress

Less than 9

 
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Low
OneAscent Core is selling at 22.87 as of the 28th of November 2024; that is 0.13 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 22.85. OneAscent Core has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for OneAscent Core Plus are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset-backed securities. More on OneAscent Core Plus

Moving together with OneAscent Etf

  0.96IUSB iShares Core TotalPairCorr
  0.95FIXD First Trust TCWPairCorr
  0.95FBND Fidelity Total Bond Sell-off TrendPairCorr
  0.96TOTL SPDR DoubleLine TotalPairCorr
  0.95HTRB Hartford Total ReturnPairCorr
  0.95GTO Invesco Total ReturnPairCorr

Moving against OneAscent Etf

  0.84RSPY Tuttle Capital ManagementPairCorr
  0.83MEME Roundhill InvestmentsPairCorr
  0.8DSJA DSJAPairCorr
  0.5ITWO Proshares Russell 2000 Low VolatilityPairCorr

OneAscent Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Intermediate Core-Plus Bond, OneAscent Investment ETF (View all Sectors)
IssuerOneAscent Investment Solutions
Inception Date2022-03-30
Entity TypeRegulated Investment Company
Asset Under Management168.17 Million
Asset TypeFixed Income
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorUltimus Fund Solutions, LLC
AdvisorOneAscent Investment Solutions, LLC
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerStephen Liberatore, Jessica Zarzycki, Christopher Williams
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents199
Market MakerJane Street
Total Expense0.77
Management Fee0.5
Country NameUSA
Returns Y T D3.47
NameOneAscent Core Plus Bond ETF
Currency CodeUSD
Open FigiBBG016DW76Y2
1y Volatility7.28
200 Day M A22.797
50 Day M A23.0679
CodeOACP
Updated At27th of November 2024
Currency NameUS Dollar
TypeETF
OneAscent Core Plus [OACP] is traded in USA and was established 2022-03-30. The fund is listed under Intermediate Core-Plus Bond category and is part of OneAscent Investment ETF family. The entity is thematically classified as Strategy ETFs. OneAscent Core Plus now have 99.75 M in assets. , while the total return for the last year was 8.5%.
Check OneAscent Core Probability Of Bankruptcy

Geographic Allocation (%)

OneAscent Core Plus Currency Exposure

OneAscent Core Plus holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of OneAscent Core will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in OneAscent Core Plus.

Top OneAscent Core Plus Etf Constituents

EQNR 3.95 05/15/435.21%
AAPL 3 06/20/275.02%
EXC TL B 1L USD5%
FN MA456424.37%
US DOLLARS25%
DFC 2.94 07/31/335.6%
IBRD 0 5/8 04/22/254.71%
JPMCC 2020-609M A4.94%
IFC 0 1/2 03/20/234.95%
JPM 0.768 08/09/254.74%

OneAscent Core Plus Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OneAscent Core. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

OneAscent Core Against Markets

When determining whether OneAscent Core Plus is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if OneAscent Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Oneascent Core Plus Etf. Highlighted below are key reports to facilitate an investment decision about Oneascent Core Plus Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneAscent Core Plus. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of OneAscent Core Plus is measured differently than its book value, which is the value of OneAscent that is recorded on the company's balance sheet. Investors also form their own opinion of OneAscent Core's value that differs from its market value or its book value, called intrinsic value, which is OneAscent Core's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OneAscent Core's market value can be influenced by many factors that don't directly affect OneAscent Core's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OneAscent Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneAscent Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneAscent Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.