IVV vs ONEO
IVV vs ONEO
iShares Core S&P 500 ETF vs State Street SPDR Russell 1000 Momentum Focus ETF
Quick Verdict
IVV has a lower expense ratio. ONEO delivered stronger 1-year returns. ONEO offers more diversification with 900 holdings.
Side-by-Side Comparison
| Metric | IVV | ONEO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $29M | |
| Dividend Yield | 1.09% | 1.18% | |
| Holdings | 508 | 906 | |
| YTD Return | +13.13% | +19.69% | |
| 1Y Return | +22.90% | +26.53% | |
| 3Y Return (annualized) | +21.08% | +17.37% | |
| 5Y Return (annualized) | +13.27% | +10.59% | |
| Volatility (annualized) | 15.1% | 17.1% | |
| Max Drawdown | -56.5% | -41.2% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 1, 2015 |
IVV vs ONEO Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) is a ETF from State Street Investment Management. Over the past year IVV returned +22.90% while ONEO returned +26.53%. Year to date, IVV is up 13.13% versus a gain of 19.69% for ONEO.
Over three years, IVV compounded at +21.08% per year against +17.37% for ONEO; over five years the annualized figures are +13.27% and +10.59% respectively. Across the full 11-year window we track, ONEO has the edge at +10.15% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEO has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -41.2% for ONEO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while ONEO charges 0.20%. On a $10,000 position that is $3 vs $20 annually, a gap of $17 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.18% for ONEO.
Holdings Overlap
IVV and ONEO share 471 holdings out of 934 unique holdings combined, representing a 29.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in ONEO | Difference |
|---|---|---|---|
| NVDA | 7.76% | 0.20% | 7.56% |
| AAPL | 7.44% | 0.16% | 7.28% |
| MSFT | 4.57% | 0.10% | 4.47% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| WDC | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings IVV shares with ONEO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or ONEO?
IVV has an expense ratio of 0.03% while ONEO charges 0.20%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, IVV or ONEO?
Over the past year IVV returned +22.90% vs +26.53% for ONEO, so ONEO leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +7.02% vs +10.15% for ONEO. Past performance does not guarantee future results.
Which is riskier, IVV or ONEO?
ONEO has been the more volatile fund at 17.1% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs ONEO -41.2%.
Should I hold both IVV and ONEO?
IVV and ONEO have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and ONEO?
IVV and ONEO share 471 common holdings with a 29.5% weight overlap. Combined, they hold 934 unique securities.
Which pays a higher dividend, IVV or ONEO?
IVV yields 1.09% while ONEO yields 1.18%, so ONEO currently pays the higher dividend yield.
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