AVLC vs OALC

AVLCAAvantis U.S. Large Cap Equity ETF

OALCBOneAscent Large Cap Core ETF

In short

AVLC Active management with index-fund manners: roughly 900 U.S. large caps, with the dial turned toward cheaper, more profitable companies. Avantis charges 0.15% a year to do it.

OALC A values-screened cousin of the S&P 500. OneAscent cuts abortifacients, addictive products, predatory lenders and human-rights offenders, then optimizes what's left to stay close to the index. Faith-based filter, plain core shape.

Stated mandate

AVLC The fund seeks long-term capital appreciation. It invests broadly in U.S. large-capitalization companies while using active decisions to overweight lower valuations and higher profitability.

OALC The Fund seeks capital appreciation.

Why people hold it

• AVLC 0.15% a year against a 0.65% median for active U.S. equity funds. That is passive-style pricing on an actively run book.
• Holds about 900 names against the Russell 1000, so the value and profitability tilts sit on top of broad market exposure instead of a concentrated bet.avantisinvestors.com
• One of the stronger builds in the active U.S. equity group, priced in the same neighborhood as the Dimensional core funds (DFAU, DFAC) it competes with.
• A multi-billion-dollar fund that trades steadily, so spreads and liquidity are rarely the sticking point. Distributions are paid quarterly.

• OALC 0.49% net of a waiver through December 31, 2026 (0.58% gross), below the category median fee, which is unusual for a screened, actively managed portfolio.
• The exclusion list lives in the prospectus: abortifacients, adult entertainment, gambling, tobacco, alcohol, cannabis, predatory lending, human rights violations.sec.gov
• Core shape, not a statement piece: US large caps above $5 billion at purchase, at least 80% of assets there, optimized to keep the gap to the target index small.sec.govoneascent.com
• Trading since 2021 and now a few hundred million dollars in size, so there is real operating history here, not a launch-week story.

Worth knowing

• AVLC Launched in 2023. The tilt philosophy is well worn at Avantis, but this fund's own live record is still short.
• Active, not index-tracking. The Russell 1000 is a reference point, not a leash, so holdings and weights can drift from it.
• Leaning toward cheaper, higher-profitability companies means stretches where it moves differently from the plain cap-weighted market, in either direction.avantisinvestors.com

• OALC Unscreened core beta is cheaper: AVLC charges 0.15%, and TACU's fee is waived to zero through January 30, 2027. The screen is what the extra buys.
• Thinly traded next to the giant large-cap funds, so bid-ask spreads can run wider and larger orders can move the price.
• Dropping whole industries means it will not mirror the index name for name, and the optimization can land results ahead of or behind the benchmark in any stretch.sec.govoneascent.com

Full AVLC profile⁠

Full OALC profile⁠