IVV vs ONOF
IVV vs ONOF
iShares Core S&P 500 ETF vs Global X Adaptive US Risk Management ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | ONOF | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.39% | |
| AUM | $865.2B | $137M | |
| Dividend Yield | 1.09% | 1.23% | |
| Holdings | 508 | 506 | |
| YTD Return | +9.93% | +6.29% | |
| 1Y Return | +19.59% | +15.19% | |
| 3Y Return (annualized) | +19.41% | +10.83% | |
| 5Y Return (annualized) | +12.89% | +8.16% | |
| Volatility (annualized) | 15.1% | 14.2% | |
| Max Drawdown | -56.5% | -26.2% | |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Jan 12, 2021 |
IVV vs ONOF Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Global X Adaptive US Risk Management ETF (ONOF) is a ETF from Global X by mirae Asset. Over the past year IVV returned +19.59% while ONOF returned +15.19%. Year to date, IVV is up 9.93% versus a gain of 6.29% for ONOF.
Over three years, IVV compounded at +19.41% per year against +10.83% for ONOF; over five years the annualized figures are +12.89% and +8.16% respectively. Across the full 6-year window we track, ONOF has the edge at +10.07% annualized vs +6.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 14.2% for ONOF. 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 -26.2% for ONOF. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while ONOF charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.23% for ONOF.
Holdings Overlap
IVV and ONOF share 394 holdings out of 604 unique holdings combined, representing a 86.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in ONOF | Difference |
|---|---|---|---|
| NVDA | 7.76% | 7.84% | 0.08% |
| AAPL | 7.44% | 6.40% | 1.04% |
| MSFT | 4.57% | 4.62% | 0.05% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings IVV shares with ONOF 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 ONOF?
IVV has an expense ratio of 0.03% while ONOF charges 0.39%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, IVV or ONOF?
Over the past year IVV returned +19.59% vs +15.19% for ONOF, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +6.91% vs +10.07% for ONOF. Past performance does not guarantee future results.
Which is riskier, IVV or ONOF?
IVV has been the more volatile fund at 15.1% annualized versus 14.2% for ONOF. Worst drawdown: IVV -56.5% vs ONOF -26.2%.
Should I hold both IVV and ONOF?
IVV and ONOF have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and ONOF?
IVV and ONOF share 394 common holdings with a 86.3% weight overlap. Combined, they hold 604 unique securities.
Which pays a higher dividend, IVV or ONOF?
IVV yields 1.09% while ONOF yields 1.23%, so ONOF currently pays the higher dividend yield.
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