OAIM: ONEASCENT INTERNATIONAL EQUITY ETF
What this ETF is trying to do
The ONEASCENT INTERNATIONAL EQUITY ETF (ticker: OAIM) is an exchange-traded fund that focuses on international stocks. It provides investors with exposure to companies located outside of the United States.
What the numbers show
The data shows that OAIM has experienced significant growth in its share price over different time periods.
• Year-to-Date (YTD): The price return is approximately 15.61%.
• One-Year: The share-price return is approximately 17.37%.
• Three-Year: The share-price return is approximately 68.33%.
It is important to understand the difference between price return and total return. Price return only tracks how much the share price itself has changed. Total return includes both the change in share price and any distributions (cash payments) made to investors.
For OAIM, the total returns are higher than the price returns:
• The one-year total return is approximately 18.53%.
• The three-year total return is approximately 77.45%.
If you had invested $10,000 in the share price roughly one year ago (when the estimated price was $40.77), your investment would have grown to a current price of $47.85 based on the share-price movement alone.
Income and distribution explanation
OAIM provides some level of cash income through distributions. The distribution yield is approximately 0.85%. This number describes the cash payments relative to the current ETF price.
The fund has an income rating grade of "B." However, investors should note that the distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
Regarding price erosion (the decline in the market price of the shares), the fund has an erosion score of 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Top Holdings
The following are the top holdings in the portfolio (note that this list is partial):
• CASH & CASH EQUIVALENTS: 11.36%
• INDUSTRIVARDEN AB CLASS C: 5.80%
• SK HYNIX INC: 3.77%
• CREDICORP LTD: 3.57%
• LEGAL & GENERAL GROUP PLC: 3.29%
• SOMPO HOLDINGS INC: 3.08%
• MOTOR OIL (HELLAS) CORINTH REFINERIES SA: 2.67%
• HSBC HOLDINGS PLC: 2.56%
• TOKYO CENTURY CORP: 2.53%
• BROTHER INDUSTRIES LTD: 2.48%
Holdings can change over time.
Pros
• Strong positive price returns over the one-year and three-year periods.
• The total return is higher than the price return, meaning distributions added value.
• No price erosion was detected according to the erosion score.
Cons
• The distribution frequency is irregular and less frequent.
• The distribution yield is relatively low at 0.85%.
Beginner takeaway
OAIM is an international equity ETF that has shown strong price growth over the last three years. While it pays distributions, they are not frequent. When looking at this ETF, remember that total return is the most complete way to see how much value was created, as it combines both share-price changes and cash distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CASH & CASH EQUIVALENTS | n/a | 11.36% |
| 2 | INDUSTRIVARDEN AB CLASS C | n/a | 5.80% |
| 3 | n/a | n/a | 4.00% |
| 4 | SK HYNIX INC | n/a | 3.77% |
| 5 | CREDICORP LTD | BAP | 3.57% |
| 6 | LEGAL & GENERAL GROUP PLC | n/a | 3.29% |
| 7 | SOMPO HOLDINGS INC | n/a | 3.08% |
| 8 | MOTOR OIL (HELLAS) CORINTH REFINERIES SA | n/a | 2.67% |
| 9 | HSBC HOLDINGS PLC | n/a | 2.56% |
| 10 | TOKYO CENTURY CORP | n/a | 2.53% |