OALC: ONEASCENT LARGE CAP CORE ETF
What this ETF is trying to do
The ONEASCENT LARGE CAP CORE ETF (OALC) is an exchange-traded fund designed to provide exposure to large companies. Based on its top holdings, the fund focuses heavily on major technology and finance names. It holds a total of 212 different companies, which helps spread its investment across many different businesses.
What the numbers show
The data shows that OALC has experienced significant growth in its share price over different time periods.
• Year-to-Date (YTD): The price return is approximately 18.79%.
• One-Year: The share-price return was approximately 20.04%. When including distributions, the one-year total return was approximately 20.76%.
• Three-Year: The share-price return was approximately 86.61%. When including distributions, the three-year total return was approximately 89.79%.
To put this in perspective, the current price is $42.11. The estimated price from roughly one year ago was approximately $35.08.
Income and distribution explanation
OALC provides a distribution yield of approximately 0.51%. This represents the cash distributed relative to the ETF's price. The trailing distributions were approximately $0.2152 per share.
It is important to note that the distribution frequency is described as "irregular" or "less frequent," with only one payout recorded in the last 12 months. For investors, it is important to remember that a distribution yield is not the same as total return. Total return includes both the change in share price and any cash distributions received.
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.
However, looking at price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in the portfolio (note that this is a partial list):
• NVIDIA CORP (8.11%)
• MICROSOFT CORP (6.21%)
• AMAZON.COM INC (3.93%)
• ALPHABET INC CLASS A (3.15%)
• BROADCOM INC (2.71%)
• ALPHABET INC CLASS C (2.54%)
• JPMORGAN CHASE & CO (1.73%)
• MICRON TECHNOLOGY INC (1.66%)
• ELI LILLY AND CO (1.65%)
• BERKSHIRE HATHAWAY INC CLASS B (1.51%)
Holdings can change over time. This data was updated on October 7, 2026.
Pros
• Strong historical price returns over the one-year and three-year periods.
• No detected price erosion based on the current erosion score.
Cons
• The distribution frequency is irregular and less frequent.
• The distribution yield is relatively low at approximately 0.51%.
Beginner takeaway
OALC has shown strong share-price growth over the last three years. While it does pay distributions, they are infrequent and the yield is low compared to the overall price growth. Investors should distinguish between the rising share price (price return) and the cash paid out (distribution yield).
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 8.11% |
| 2 | MICROSOFT CORP | MSFT | 6.21% |
| 3 | AMAZON.COM INC | AMZN | 3.93% |
| 4 | ALPHABET INC CLASS A | GOOGL | 3.15% |
| 5 | BROADCOM INC | AVGO | 2.71% |
| 6 | ALPHABET INC CLASS C | GOOG | 2.54% |
| 7 | JPMORGAN CHASE & CO | JPM | 1.73% |
| 8 | MICRON TECHNOLOGY INC | MU | 1.66% |
| 9 | ELI LILLY AND CO | LLY | 1.65% |
| 10 | BERKSHIRE HATHAWAY INC CLASS B | BRK-B | 1.51% |