OneAscent International Equity ETF Price & Performance (OAIM)

The OneAscent International Equity ETF (OAIM) has delivered a 6.9% price return over the past year, outpacing the SPY ETF’s 6.6% gain. With a current price of $33.53 and a market cap of $171.8 million, OAIM’s recent three-month and two-week returns also surpassed the broader market.12

Morningstar has assigned a negative rating to OAIM, citing high fees and less experienced management. The fund’s expense ratio sits in the second-costliest quintile among peers. Additionally, OneAscent’s managers have shorter tenures and limited personal investment, raising questions about long-term stewardship and alignment with shareholders.34

OAIM employs the Elevate Screening Process, focusing on companies advancing societal well-being. This approach, combined with a life cycle investment framework, aims to identify firms with strong fundamentals and sustainable growth. The fund’s team emphasizes values-based selection and rigorous analysis to build a high-conviction portfolio.21