Oneascent Emerging Markets Etf Profile
| OAEM Etf | USD 29.43 0.05 0.17% |
Performance0 of 100
| Odds Of DistressLess than 9
|
OneAscent Emerging is selling at 29.43 as of the 28th of November 2024; that is 0.17 percent decrease since the beginning of the trading day. The etf's lowest day price was 29.33. OneAscent Emerging 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 Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its total assets in equity securities of non-U.S. companies in emerging market countries, including common stocks, depositary receipts evidencing ownership of common stocks, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks . More on OneAscent Emerging Markets
Moving together with OneAscent Etf
OneAscent Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Diversified Emerging Mkts, OneAscent Investment ETF (View all Sectors) |
| Issuer | OneAscent Investment Solutions |
| Inception Date | 2022-09-15 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 70.21 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | OneAscent Investment Solutions, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Andrew Manton |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 36.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.73 |
| Management Fee | 0.74 |
| 200 Day M A | 29.8796 |
| Country Name | USA |
| 50 Day M A | 30.6193 |
| Code | OAEM |
| Updated At | 27th of November 2024 |
| Returns Y T D | 0.69 |
| Name | OneAscent Emerging Markets ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG019M5GY29 |
| Type | ETF |
| 1y Volatility | 15.48 |
OneAscent Emerging Markets [OAEM] is traded in USA and was established 2022-09-14. The fund is listed under Diversified Emerging Mkts category and is part of OneAscent Investment ETF family. The entity is thematically classified as Strategy ETFs. OneAscent Emerging now have 20.98 M in assets. , while the total return for the last year was 6.3%.
Check OneAscent Emerging Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on OneAscent Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding OneAscent Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as OneAscent Emerging Markets Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
OneAscent Emerging Currency Exposure
OneAscent Emerging Markets 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 Emerging 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 Emerging Markets.
Top OneAscent Emerging Markets Etf Constituents
| 006400 | Samsung SDI | Stock | Information Technology | |
| 6409 | Voltronic Power Technology | Stock | Electrical Equipment & Parts | |
| MMYT | MakeMyTrip Limited | Stock | Consumer Discretionary | |
| 000990 | DB HiTek Co | Stock | Information Technology | |
| ICBP | Indofood Cbp Sukses | Stock | Consumer Staples | |
| PTTG | PTT Exploration and | Stock | Oil & Gas E&P | |
| 2454 | MediaTek | Stock | Information Technology | |
| INFY | Infosys Ltd ADR | Stock | Information Technology |
OneAscent Emerging 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 Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.09) |
OneAscent Emerging Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneAscent Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of OneAscent Emerging 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 Emerging's value that differs from its market value or its book value, called intrinsic value, which is OneAscent Emerging'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 Emerging's market value can be influenced by many factors that don't directly affect OneAscent Emerging'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 Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneAscent Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneAscent Emerging'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.