ONEV vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricONEVVTIWinner
Expense Ratio0.20%0.03%
AUM$302M$663.5B
Dividend Yield1.77%1.07%
Holdings4433,543
YTD Return+11.44%+10.14%
1Y Return+16.89%+19.82%
3Y Return (annualized)+11.69%+18.94%
5Y Return (annualized)+8.67%+11.79%
Volatility (annualized)15.6%15.4%
Max Drawdown-40.2%-56.6%
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryEquityEquity
InceptionDec 1, 2015May 24, 2001

ONEV vs VTI Performance

State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is a ETF from State Street Investment Management and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year ONEV returned +16.89% while VTI returned +19.82%. Year to date, ONEV is up 11.44% versus a gain of 10.14% for VTI.

Over three years, ONEV compounded at +11.69% per year against +18.94% for VTI; over five years the annualized figures are +8.67% and +11.79% respectively. Across the full 11-year window we track, ONEV has the edge at +9.79% annualized vs +7.99%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ONEV has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 15.4% for VTI. 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 -40.2% for ONEV and -56.6% for VTI. 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

ONEV charges 0.20% per year while VTI 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, ONEV currently yields 1.77% against 1.07% for VTI.

Holdings Overlap

8.7%overlap

ONEV and VTI share 342 holdings out of 2890 unique holdings combined, representing a 8.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ONEVWeight in VTIDifference
ALL1.50%0.08%1.42%
PGR1.28%0.18%1.10%
MCK0.96%0.12%0.84%
ACGLProProPro
CIProProPro
TRVProProPro
CINFProProPro
HIGProProPro
CMCSAProProPro
KRProProPro
See all 10 holdings ONEV shares with VTI
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Frequently Asked Questions

Which is cheaper, ONEV or VTI?

ONEV has an expense ratio of 0.20% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $17 per year of difference.

Which performed better, ONEV or VTI?

Over the past year ONEV returned +16.89% vs +19.82% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), ONEV annualized +9.79% vs +7.99% for VTI. Past performance does not guarantee future results.

Which is riskier, ONEV or VTI?

ONEV has been the more volatile fund at 15.6% annualized versus 15.4% for VTI. Worst drawdown: ONEV -40.2% vs VTI -56.6%.

Should I hold both ONEV and VTI?

ONEV and VTI have a monthly-return correlation of 0.90, 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 ONEV and VTI?

ONEV and VTI share 342 common holdings with a 8.7% weight overlap. Combined, they hold 2890 unique securities.

Which pays a higher dividend, ONEV or VTI?

ONEV yields 1.77% while VTI yields 1.07%, so ONEV currently pays the higher dividend yield.

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