Oneascent International Equity Etf Profile
| OAIM Etf | USD 32.98 0.19 0.58% |
Performance0 of 100
| Odds Of DistressLess than 9
|
OneAscent International is selling at 32.98 as of the 28th of November 2024; that is 0.58 percent increase since the beginning of the trading day. The etf's lowest day price was 32.91. OneAscent International 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 International Equity 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 typically invests in medium-to-large companies based on standards of the applicable market. Oneascent International is traded on NYSEARCA Exchange in the United States. More on OneAscent International Equity
Moving together with OneAscent Etf
| 0.88 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.85 | IEFA | iShares Core MSCI | PairCorr |
| 0.96 | VEU | Vanguard FTSE All | PairCorr |
| 0.84 | EFA | iShares MSCI EAFE | PairCorr |
| 0.96 | IXUS | iShares Core MSCI | PairCorr |
| 0.9 | SPDW | SPDR SP World | PairCorr |
Moving against OneAscent Etf
OneAscent Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Blend, OneAscent Investment ETF (View all Sectors) |
| Issuer | OneAscent Investment Solutions |
| Inception Date | 2022-09-15 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 133.6 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| 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 | 49.0 |
| Market Maker | Virtu Financial |
| Total Expense | 1.11 |
| Management Fee | 0.74 |
| 200 Day M A | 32.6168 |
| Country Name | USA |
| 50 Day M A | 33.6007 |
| Code | OAIM |
| Updated At | 27th of November 2024 |
| Returns Y T D | 7.86 |
| Name | OneAscent International Equity ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG019M5KHF7 |
| Type | ETF |
| 1y Volatility | 11.27 |
OneAscent International Equity [OAIM] is traded in USA and was established 2022-09-14. The fund is listed under Foreign Large Blend category and is part of OneAscent Investment ETF family. The entity is thematically classified as Strategy ETFs. OneAscent International now have 51.87 M in assets. , while the total return for the last year was 13.4%.
Check OneAscent International 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 International Equity 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 International Currency Exposure
OneAscent International Equity 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 International 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 International Equity.
Top OneAscent International Equity Etf Constituents
| EFN | Element Fleet Management | Stock | Industrials | |
| STMN | Straumann Holding AG | Stock | Medical Instruments & Supplies | |
| KBC | KBC Groep NV | Stock | Financials | |
| CA | Carrefour SA | Stock | Grocery Stores | |
| SW | Smurfit WestRock plc | Stock | Materials | |
| TSM | Taiwan Semiconductor Manufacturing | Stock | Information Technology | |
| CRH | CRH PLC | Stock | Materials | |
| SUN | Sulzer AG | Stock | Diversified Industrials |
OneAscent International 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 International. 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 | (0.03) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.09) |
OneAscent International Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneAscent International Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of OneAscent International 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 International's value that differs from its market value or its book value, called intrinsic value, which is OneAscent International'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 International's market value can be influenced by many factors that don't directly affect OneAscent International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneAscent International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneAscent International'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.