ONEV vs VTI
ONEV vs VTI
State Street SPDR Russell 1000 Low Volatility Focus ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | ONEV | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $302M | $663.5B | |
| Dividend Yield | 1.77% | 1.07% | |
| Holdings | 443 | 3,543 | |
| 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 Family | State Street Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 1, 2015 | May 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
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
| Stock | Weight in ONEV | Weight in VTI | Difference |
|---|---|---|---|
| ALL | 1.50% | 0.08% | 1.42% |
| PGR | 1.28% | 0.18% | 1.10% |
| MCK | 0.96% | 0.12% | 0.84% |
| ACGL | Pro | Pro | Pro |
| CI | Pro | Pro | Pro |
| TRV | Pro | Pro | Pro |
| CINF | Pro | Pro | Pro |
| HIG | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| KR | Pro | Pro | Pro |
See all 10 holdings ONEV shares with VTI 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, 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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