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ETFs

OneAscent Emerging Markets ETF

OAEM
$--
Today’s Change
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Snapshot
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Inception Date
Sep 15, 2022
Expense Ratio
1.25%
Type
Global Ex. US Equities
Fund Owner
OneAscent Investments
Volume (1m avg. daily)
$83,584
AUM
$30,667,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

005930
Samsung Electronics
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2330
Taiwan Semiconductor Manufacturing
6.03%
6690
Haier Smart Home Co Ltd - Ordinary Shares - Class H
3.70%
BBRI IJ
BANK RAKYAT INDO
3.63%
KIMBERA
Kimberly-Clark de Mexico
3.08%
5871
Chailease Holding Company Limited
3.04%
BBL/F
BANGKOK BANK-F
2.97%
2345
Accton Technology Corp.
2.87%
HDB
HDFC Bank Ltd. - ADR
2.76%
n/a
DENTIUM CO LTD
2.75%
Invest with OAEM

What is OAEM?

The OneAscent Emerging Markets fund takes an innovative approach to equity investing. The strategy combines the OneAscent Elevate Screening Process along with the investment team's Life Cycle Investment approach. The team conducts extensive fundamental analysis to arrive at a concentrated portfolio of companies in emerging economies it believes are more likely to outperform.

ETFs related toOAEM

ETFs correlated to OAEM include EMXC, XCEM, JEMA

OAEM
Unified Series Trust - OneAscent Emerging Markets ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
JEMA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan ActiveBuilders Emerging Markets Equity ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
KORU
Direxion Shares ETF Trust - Direxion Daily South Korea Bull 3X Shares
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
EWY
BlackRock Institutional Trust Company N.A. - iShares MSCI South Korea ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

OAEM is a Global Ex. US Equities ETF. The OneAscent Emerging Markets fund takes an innovative approach to equity investing. The strategy combines the OneAscent Elevate Screening Process along with the investment team's Life Cycle Investment approach. The team conducts extensive fundamental analysis to arrive at a concentrated portfolio of companies in emerging economies it believes are more likely to outperform.

Yes, OAEM is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, OAEM is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OAEM is -0.0284%. This is the percent change in the value of OAEM over the most recent 1-month period. The 3-month return on OAEM is -0.0628%. This is the percent change in the value of OAEM over the most recent 3-month period.

The standard deviation of OAEM for the past year is 0.1873%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to OAEM include PBW, IGF, and ARKK.

ETFs correlated to OAEM include EMXC, XCEM, and JEMA.

ETFs that are inversely correlated to OAEM include EDZ, EFZ, and HIBS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.