ONEO vs VOO
ONEO vs VOO
State Street SPDR Russell 1000 Momentum Focus ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. ONEO delivered stronger 1-year returns. ONEO offers more diversification with 899 holdings.
Side-by-Side Comparison
| Metric | ONEO | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $29M | $979.0B | |
| Dividend Yield | 1.18% | 1.09% | |
| Holdings | 906 | 509 | |
| YTD Return | +20.64% | +13.53% | |
| 1Y Return | +27.23% | +23.65% | |
| 3Y Return (annualized) | +17.71% | +21.27% | |
| 5Y Return (annualized) | +10.98% | +13.52% | |
| Volatility (annualized) | 17.1% | 14.1% | |
| Max Drawdown | -41.2% | -34.3% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 1, 2015 | Sep 7, 2010 |
ONEO vs VOO Performance
State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) is a ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year ONEO returned +27.23% while VOO returned +23.65%. Year to date, ONEO is up 20.64% versus a gain of 13.53% for VOO.
Over three years, ONEO compounded at +17.71% per year against +21.27% for VOO; over five years the annualized figures are +10.98% and +13.52% respectively. Across the full 11-year window we track, VOO has the edge at +13.57% annualized vs +10.24%. 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 14.1% for VOO. 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 -41.2% for ONEO and -34.3% for VOO. 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
ONEO charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, ONEO currently yields 1.18% against 1.09% for VOO.
Holdings Overlap
ONEO and VOO share 473 holdings out of 931 unique holdings combined, representing a 30.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ONEO | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 0.20% | 7.51% | 7.31% |
| AAPL | 0.16% | 6.59% | 6.43% |
| MSFT | 0.10% | 4.30% | 4.20% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| WDC | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings ONEO shares with VOO 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, ONEO or VOO?
ONEO has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, ONEO or VOO?
Over the past year ONEO returned +27.23% vs +23.65% for VOO, so ONEO leads on 1-year performance. Over the longest common window we track (11 years), ONEO annualized +10.24% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, ONEO or VOO?
ONEO has been the more volatile fund at 17.1% annualized versus 14.1% for VOO. Worst drawdown: ONEO -41.2% vs VOO -34.3%.
Should I hold both ONEO and VOO?
ONEO and VOO 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 ONEO and VOO?
ONEO and VOO share 473 common holdings with a 30.6% weight overlap. Combined, they hold 931 unique securities.
Which pays a higher dividend, ONEO or VOO?
ONEO yields 1.18% while VOO yields 1.09%, so ONEO currently pays the higher dividend yield.
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