OALC vs SPDN

Comparison between ONEASCENT LARGE CAP CORE ETF (OALC, ETF) and DIREXION DAILY S&P 500 (R) BEAR 1X SHARES (SPDN, ETF).

5-Year PerformanceOALC has outperformed SPDN, delivering a return of +11.0% compared to -8.5%

OALC vs SPDN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OALC(ETF)	SPDN(ETF)
Net Assets	$220M	$220M
Expense Ratio	0.49%	0.48%
Max Drawdown	26.86%	79.61%
Sharpe Ratio	1.71	-1.56
5Y Beta	0.95	-0.97
P/E Ratio	28.25	N/A
Forward P/E	22.16	N/A
5Y Dividends CAGR	N/A	89.77%
5Y EPS CAGR	25.18%	N/A
Debt to Equity	16.28%	N/A
P/S Ratio	3.64	N/A
P/B Ratio	5.69	N/A

Net Assets

OALC

$220M

SPDN

$220M

Expense Ratio

OALC

0.49%

Winner

SPDN

0.48%

Max Drawdown

Winner

OALC

26.86%

SPDN

79.61%

Sharpe Ratio

Winner

OALC

1.71

SPDN

-1.56

5Y Beta

OALC

0.95

Winner

SPDN

-0.97

P/E Ratio

OALC

28.25

SPDN

N/A

Forward P/E

OALC

22.16

SPDN

N/A

5Y Dividends CAGR

OALC

N/A

SPDN

89.77%

5Y EPS CAGR

OALC

25.18%

SPDN

N/A

Debt to Equity

OALC

16.28%

SPDN

N/A

P/S Ratio

OALC

3.64

SPDN

N/A

P/B Ratio

OALC

5.69

SPDN

N/A

OALC vs SPDN - Historical Returns

Returns include dividend reinvestment.

Period	OALC	SPDN
1 month	+2.55%	-1.56%
3 months	+11.45%	-6.77%
6 months	+12.33%	-5.22%
1 year	+29.26%	-15.66%
5 years(CAGR)	+10.98%	-8.47%
10 years(CAGR)	N/A	-12.33%
Max(CAGR)	+10.98%	-12.33%

Winner

OALC

+2.55%

SPDN

-1.56%

Winner

OALC

+11.45%

SPDN

-6.77%

Winner

OALC

+12.33%

SPDN

-5.22%

Winner

OALC

+29.26%

SPDN

-15.66%

5Y(CAGR)

Winner

OALC

+10.98%

SPDN

-8.47%

10Y(CAGR)

OALC

N/A

SPDN

-12.33%

Max(CAGR)

Winner

OALC

+10.98%

SPDN

-12.33%

OALC vs SPDN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	OALC	SPDN
2026	+11.71%	-5.78%
2025	+20.25%	-11.32%
2024	+20.64%	-13.44%
2023	+22.32%	-15.40%
2022	-17.64%	+19.39%
2021	-0.54%	-24.71%
2020	N/A	-23.87%
2019	N/A	-21.99%
2018	N/A	+6.21%
2017	N/A	-16.49%
2016	N/A	-6.92%

OALC vs SPDN Drawdown Comparison

The maximum drawdown for OALC was -26.82%, occurring on Oct 14, 2022. Recovery took 540 trading sessions.

The maximum drawdown for SPDN was -75.30%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current OALC drawdown is -3.57%. The current SPDN drawdown is -74.61%.

Rank	OALC	SPDN
#1	-26.82% Nov 16, 2021 - Jan 11, 2024	-75.30% Jun 27, 2016 - Jun 2, 2026
#2	-17.64% Jan 23, 2025 - Jun 9, 2025	-2.37% Jun 16, 2016 - Jun 24, 2016
#3	-8.76% Jul 16, 2024 - Sep 19, 2024	N/A
#4	-8.42% Feb 2, 2026 - Apr 13, 2026	N/A
#5	-5.93% Mar 27, 2024 - Jun 5, 2024	N/A
#6	-5.55% Oct 29, 2025 - Dec 10, 2025	N/A
#7	-4.44% Dec 6, 2024 - Jan 21, 2025	N/A
#8	-3.57% Jun 2, 2026 - Jun 5, 2026	N/A
#9	-2.97% Dec 11, 2025 - Dec 24, 2025	N/A
#10	-2.85% Oct 8, 2025 - Oct 24, 2025	N/A
#11	-2.82% Feb 9, 2024 - Mar 1, 2024	N/A
#12	-2.47% Jan 12, 2026 - Jan 27, 2026	N/A
#13	-2.45% Nov 11, 2024 - Nov 29, 2024	N/A
#14	-2.29% Oct 14, 2024 - Nov 6, 2024	N/A
#15	-2.25% May 14, 2026 - May 26, 2026	N/A

Correlation

Correlation between OALC and SPDN is -0.97 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.97

-101