IVV vs ONEY
IVV vs ONEY
iShares Core S&P 500 ETF vs State Street SPDR Russell 1000 Yield Focus ETF
Quick Verdict
IVV has a lower expense ratio. ONEY delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | ONEY | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.20% | |
| AUM | $865.2B | $670M | |
| Dividend Yield | 1.09% | 2.87% | |
| Holdings | 508 | 300 | |
| YTD Return | +13.80% | +18.40% | |
| 1Y Return | +23.70% | +25.44% | |
| 3Y Return (annualized) | +21.49% | +13.99% | |
| 5Y Return (annualized) | +13.43% | +10.26% | |
| Volatility (annualized) | 15.1% | 18.9% | |
| Max Drawdown | -56.5% | -47.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 2, 2015 |
IVV vs ONEY Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and State Street SPDR Russell 1000 Yield Focus ETF (ONEY) is a ETF from State Street Investment Management. Over the past year IVV returned +23.70% while ONEY returned +25.44%. Year to date, IVV is up 13.80% versus a gain of 18.40% for ONEY.
Over three years, IVV compounded at +21.49% per year against +13.99% for ONEY; over five years the annualized figures are +13.43% and +10.26% respectively. Across the full 11-year window we track, ONEY has the edge at +9.51% annualized vs +7.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEY has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -47.5% for ONEY. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while ONEY 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 2.87% for ONEY.
Holdings Overlap
IVV and ONEY share 133 holdings out of 671 unique holdings combined, representing a 5.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in ONEY | Difference |
|---|---|---|---|
| PGR | 0.19% | 3.91% | 3.72% |
| CMCSA | 0.13% | 2.11% | 1.98% |
| ALL | 0.10% | 1.85% | 1.75% |
| UPS | Pro | Pro | Pro |
| CI | Pro | Pro | Pro |
| OKE | Pro | Pro | Pro |
| EOG | Pro | Pro | Pro |
| ACN | Pro | Pro | Pro |
| MO | Pro | Pro | Pro |
| SPG | Pro | Pro | Pro |
See all 10 holdings IVV shares with ONEY 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 ONEY?
IVV has an expense ratio of 0.03% while ONEY 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 ONEY?
Over the past year IVV returned +23.70% vs +25.44% for ONEY, so ONEY leads on 1-year performance. Over the longest common window we track (11 years), IVV annualized +7.05% vs +9.51% for ONEY. Past performance does not guarantee future results.
Which is riskier, IVV or ONEY?
ONEY has been the more volatile fund at 18.9% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs ONEY -47.5%.
Should I hold both IVV and ONEY?
IVV and ONEY have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and ONEY?
IVV and ONEY share 133 common holdings with a 5.9% weight overlap. Combined, they hold 671 unique securities.
Which pays a higher dividend, IVV or ONEY?
IVV yields 1.09% while ONEY yields 2.87%, so ONEY currently pays the higher dividend yield.
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