Unified Series ETF (OALC) Performance
OALC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.1% since Dec 31, 2025
- 1 year
- +17.1% total return
- 3 years
- +23.5% a year
- Since first price
- +10.9% a year since 2021
OALC trailing returns vs SPY, QQQ, AGG
| Period | OALC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.3% | −1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.6% | +2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.8% | +7.8% | +7.8% | +8.4% | −1.5% |
| YTD | +15.1% | +15.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.1% | +16.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +88.4%+23.5%/yr | +85.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 15, 2021 | +66.7%+10.9%/yr | +63.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: OALC vs SPY
From Nov 15, 2021: OALC grew to $16,675, SPY to $17,383.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
OALC returns by calendar year
3 of 4 full years positive. Best 2023 (+22.0%), worst 2022 (−18.1%). 2026 is year to date.
OALC annual returns table
| Year | OALC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.1% | −8.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +20.4% | −17.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +19.6% | −8.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +22.0% | −9.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.1% | −26.0% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
OALC largest drawdowns
Now 4.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 16, 2021 | −26.8% | Oct 14, 2022 | Jan 11, 2024 | 11 months | 2.2 years |
| Jan 23, 2025 | −17.6% | Apr 8, 2025 | Jun 9, 2025 | 2 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
OALC risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +23.0% | +12.0% |
| Volatility (annualized) | 12.9% | 15.4% |
| Sharpe ratio | 1.34 | 0.57 |
| Sortino ratio | 2.87 | 0.93 |
| Best month | +12.5% | +12.5% |
| Worst month | −5.2% | −8.6% |
| Best 12 months | +35.5% | +35.5% |
| Worst 12 months | +5.2% | −18.1% |
| Positive months | 69% | 60% |
| Beta vs S&P 500 | 1.01 | — |
| Correlation with S&P 500 | 0.98 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
OALC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −18.1% | +19.3% | +35.5% | 90% |
| 3-year (a year) | 24 | +6.2% | +18.9% | +24.6% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
OALC performance overview
Unified Series ETF (OALC) returned +17.1% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +10.9% a year, turning $10,000 into about $16,675. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −26.8%, from Nov 16, 2021 to Oct 14, 2022, and it took 1.2 years to get back to the old high. OALC finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+22.0%) and the worst 2022 (−18.1%). Volatility has been 15.4% a year.
Related: OALC chart, OALC holdings, OALC dividends, OALC valuation. See the OALC overview for the latest quote and fund facts.
OALC performance FAQ
What is the OALC return over the past year?
OALC returned +17.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 16.4%.
How much would $10,000 invested in OALC be worth?
$10,000 invested in OALC at its first recorded close on November 15, 2021 would be worth about $16,675 on October 23, 2026 with distributions reinvested.
What was the worst year for OALC?
The worst calendar year was 2022, with a total return of −18.1%. The best was 2023 at +22.0%.
What is the biggest drawdown of OALC?
The largest peak-to-trough decline was −26.8% between November 16, 2021 and October 14, 2022. It recovered to the old high on January 11, 2024, 1.2 years after the bottom.
How volatile is OALC?
Over the past 3 years OALC had an annualized volatility of 12.9% and a Sharpe ratio of 1.34 (excess return over 1–3 month T-bills per unit of risk).