ETF Evaluator:
OneAscent Emerging Markets ETF ()
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(as of Aug 26)
Best Performing in Diversified Emerging Mkts Over the Last Year
| 114.0% | Nomura Focused Emerging Mrkts Eq ETF (EMEQ) |
| 81.0% | FT EM Human Flourishing ETF (FTHF) |
| 68.7% | First Trust Bloomberg Emr Mkt Dem ETF (EMDM) |
| 67.8% | Freedom 100 Emerging Markets ETF (FRDM) |
| 59.4% | Pacific NoS Global EM Equity Active ETF (GEME) |
Risk
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Risk
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ETF Details
OneAscent Emerging Markets ETF Overview
OneAscent Emerging Markets ETF (OAEM) is an actively managed International Equity Diversified Emerging Mkts exchange-traded fund (ETF). OneAscent Investment ETF launched the ETF in 2022.
The investment seeks to achieve long-term capital appreciation.
Under normal market conditions, the fund will invest at least 80% of its total assets (plus borrowings for investment purposes) in equity securities of non-U.S. companies in emerging market countries, including common stocks, depositary receipts evidencing ownership of common stocks, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks (e.g., rights and warrants).
About OneAscent Emerging Markets ETF (OAEM)
There are 1 members of the management team with an average tenure of 3.88 years: Andrew Manton (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: MSCI EM NR USD index with a weighting of 100%. OneAscent Emerging Markets ETF has 62 securities in its portfolio. The top 10 holdings constitute 47.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
OneAscent Emerging Markets ETF is part of the Equity global asset class and is within the International Equity ETF group. OneAscent Emerging Markets ETF has 96.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 96.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). OneAscent Emerging Markets ETF has 3.4% of the portfolio in cash.
Assets Under Management
The fund has $125 million in total assets, which is below the $3 billion average for the Diversified Emerging Mkts category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OAEM Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The OneAscent Emerging Markets ETF expense ratio is high compared to funds in the Diversified Emerging Mkts category. OneAscent Emerging Markets ETF has an expense ratio of 1.25%, which is 141% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. OneAscent Emerging Markets ETF has a portfolio turnover rate of 42%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 44% for the Diversified Emerging Mkts category.
Recently, in the month of July 2026, OneAscent Emerging Markets ETF returned -4.5%, which earned it a grade of D, as the Diversified Emerging Mkts category had an average return of -3.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
OneAscent Emerging Markets ETF has a trailing yield of 0.60%, which is below the 2.41% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
OneAscent Emerging Markets ETF Grades
Year to date, the ETF has returned 28.5%, 11.4 percentage points better than the category, which translates into a grade of A. The fund has returned 44.7% over the past year (grade of A) and 18.5% over the past three years (grade of B).
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OAEM Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OAEM Return (NAV) | -4.5% | 4.5% | 44.7% | 18.5% | na | na |
| OAEM Return (Price) | -7.1% | 0.1% | 42.7% | 17.9% | na | na |
| NAV +/- Price Return | 2.614% | 4.394% | 1.933% | 0.670% | na | na |
| Diversified Emerging Mkts Avg | -3.0% | 3.0% | 31.9% | 16.6% | 7.1% | 7.8% |
| OAEM Grade (NAV) | D | B | A | B | na | na |
| +/- Category (NAV) | -1.5% | 1.5% | 12.7% | 2.0% | na | na |
| OAEM Tax-Cost Ratio | na | na | 0.3% | 0.5% | na | na |
OAEM Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OAEM Return (NAV) | 28.5% | 25.9% | 1.0% | 17.7% | na | na | na | na | na | na | na |
| OAEM Return (Price) | 26.5% | 26.7% | 0.4% | 18.0% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.069% | 0.030% | -0.551% | 0.015% | na | na | na | na | na | na | na |
| Diversified Emerging Mkts Avg | 17.1% | 29.2% | 6.7% | 12.8% | -18.8% | 2.3% | 12.7% | 18.2% | -14.6% | 33.7% | 10.9% |
| OAEM Grade (NAV) | A | D | F | A | na | na | na | na | na | na | na |
| +/- Category | 11.4% | -3.4% | -5.7% | 4.9% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.23 |
| R-Squared: | 71% |
| Standard Deviation: | 20.2% |
| Category Risk Index: | 1.25 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.65 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 0.6% |
| Total Assets: | $ 126 Mil |
| Share Class Assets: | $ 126 Mil |
| Turnover: | 42.0% |
| Expense Ratio: | 1.25% |
| Index Fund: | No |
| Index Tracked: | MSCI EM NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 3.9 years | |||
| Average Tenure: 3.9 years | |||
| Managers (Year): Manton Andrew (2022) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 62 |
| % in Top 10 Holdings: | 47.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 96.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 96.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | OneAscent Investment ETF |
| Phone Number: | 800-222-8274 |
| Website: | |
| Inception Date: | September 14, 2022 |
Expenses and Fees
| Expense Ratio (%): | 1.25% (Rating: High) |
| Category Average Expense Ratio (%): | 0.52% |
