OneAscent International Equity ETF (OAIM)

Overview

The OneAscent International Equity ETF (ONIN) focuses on investing in international equity securities, excluding the United States. Its strategy typically involves seeking companies with strong financial health, sustainable business models, and ethical considerations, aligning with a values-based investment approach. The ETF aims for long-term capital appreciation by diversifying across developed and emerging markets outside the US.

Reputation and Reliability

OneAscent is a relatively new entrant in the ETF market, focusing on values-based and faith-based investing. While its track record is still developing, its commitment to ethical screening and ESG principles is a key differentiator. Investors should assess its established reputation in other financial services sectors.

Management Expertise

Information on the specific management team's expertise for the ONIN ETF is not extensively detailed publicly. However, OneAscent's overall philosophy suggests a team committed to its stated investment principles and diligent research in selecting international equities.

Goal

The primary investment goal of the OneAscent International Equity ETF is to provide long-term capital appreciation by investing in a diversified portfolio of international equity securities that meet the issuer's ethical and sustainability criteria.

Investment Approach and Strategy

Strategy: The ETF does not aim to track a specific index. Instead, it employs an actively managed or a fundamentally driven strategy focused on selecting individual securities based on criteria that include financial strength, ethical considerations, and sustainable business practices. This approach seeks to outperform broad international equity benchmarks.

Composition The ETF's composition primarily consists of common stocks of companies domiciled outside the United States. It may include a mix of large-cap, mid-cap, and small-cap companies across various developed and emerging markets.

Market Share: As a specialized ETF focused on international equities with a values-based approach, its market share within the broader international equity ETF space is likely to be niche. Specific market share data is not readily available without detailed industry reports.

Total Net Assets (AUM):

Key Competitors

• iShares Core MSCI EAFE ETF (IEFA)
• Vanguard FTSE Developed Markets ETF (VEA)
• iShares MSCI Emerging Markets ETF (EEM)

Competitive Landscape

The international equity ETF market is highly competitive, dominated by large providers like iShares and Vanguard, offering broad exposure at low costs. ONIN differentiates itself through its values-based and ethical screening, appealing to a specific investor segment. Its potential disadvantage lies in potentially narrower investment universe and potentially higher expense ratios compared to broad-market index ETFs. Its advantage is catering to investors seeking alignment between their financial goals and ethical principles.

Historical Performance: Specific historical performance data for the OneAscent International Equity ETF (ONIN) needs to be sourced from financial data providers. It is essential to review its performance over 1-year, 3-year, 5-year, and 10-year periods, accounting for its relatively recent inception if applicable. Performance will be impacted by the specific international markets and sectors it invests in, as well as its active management or selection strategy.

Benchmark Comparison: The ETF likely aims to outperform a broad international equity index (e.g., MSCI EAFE Index or MSCI ACWI ex USA Index) or a custom benchmark that reflects its values-based criteria. Performance relative to these benchmarks will indicate its effectiveness in achieving its investment objective.

Expense Ratio:

Average Trading Volume

Assessing the ETFu2019s liquidity requires reviewing its average daily trading volume, which indicates how easily shares can be bought and sold without significantly impacting the price. A higher average trading volume generally suggests better liquidity.

Bid-Ask Spread

The bid-ask spread provides insight into the immediate cost of trading the ETF, representing the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. A tighter bid-ask spread indicates lower trading costs.

Market Environment Factors

The performance of the OneAscent International Equity ETF is influenced by global economic growth, geopolitical events, currency fluctuations, interest rate changes in various countries, and sector-specific trends in international markets. Investor sentiment towards emerging markets and developed economies also plays a crucial role. Specific regulatory changes in target countries can also impact its holdings.

Growth Trajectory

The growth trajectory of ONIN will depend on its ability to attract assets by demonstrating consistent performance aligned with its values-based mandate. Changes in its strategy and holdings would likely be driven by evolving market conditions, shifts in economic outlooks for different regions, and the identification of new investment opportunities that meet its ethical criteria.

Competitive Edge

The primary competitive edge of the OneAscent International Equity ETF lies in its strong commitment to values-based and faith-based investing. It caters to a niche market segment that seeks to align their investments with their ethical and moral convictions, offering a differentiated approach compared to purely financial-driven ETFs. This specialization can foster loyalty among its target investor base and attract assets from those who prioritize ethical considerations alongside financial returns.

Volatility

Historical volatility of the OneAscent International Equity ETF will be influenced by the volatility of the international equity markets it invests in. Factors such as emerging market risks, currency fluctuations, and political instability in various regions can contribute to its overall volatility.

Market Risk

The specific market risks associated with ONIN's underlying assets include currency risk (due to investments in foreign currencies), political risk (instability in countries where it invests), economic risk (downturns in foreign economies), and country-specific regulatory risks. There's also the risk that its values-based screening might limit its investment universe, potentially impacting diversification and performance.

Ideal Investor Profile

The ideal investor for the OneAscent International Equity ETF is someone who prioritizes ethical and values-based investing, specifically incorporating faith-based principles, and seeks exposure to international equity markets. They should have a long-term investment horizon and be comfortable with the risks associated with international investments.

Market Risk

This ETF is best suited for long-term investors who are looking for a diversified international equity portfolio that aligns with their ethical and faith-based values. It is less suitable for active traders seeking short-term gains or investors solely focused on maximizing returns without considering ethical implications.

The OneAscent International Equity ETF (ONIN) offers a unique approach to international investing by focusing on values-based and faith-based principles. It aims for long-term capital appreciation by selecting ethically screened companies outside the US. While operating in a competitive market, its differentiation lies in its specific ethical mandate, appealing to a niche investor base. Investors should consider its performance against international benchmarks and its potential limitations due to its focused investment criteria.

Data Sources:

• ETF Provider Websites (e.g., OneAscent)
• Financial Data Aggregators (e.g., Morningstar, ETF.com, Bloomberg)
• Securities and Exchange Commission (SEC) Filings

Disclaimers:

This information is for educational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions. ETF data can change rapidly; always refer to the most current prospectus and fund information.