ONEV vs VYM
ONEV vs VYM
State Street SPDR Russell 1000 Low Volatility Focus ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | ONEV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.04% | |
| AUM | $302M | $79.0B | |
| Dividend Yield | 1.77% | 2.86% | |
| Holdings | 443 | 568 | |
| YTD Return | +12.32% | +13.82% | |
| 1Y Return | +17.05% | +24.08% | |
| 3Y Return (annualized) | +12.43% | +17.72% | |
| 5Y Return (annualized) | +8.72% | +12.13% | |
| Volatility (annualized) | 15.5% | 14.6% | |
| Max Drawdown | -40.2% | -58.8% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 1, 2015 | Nov 10, 2006 |
ONEV vs VYM Performance
State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is a ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year ONEV returned +17.05% while VYM returned +24.08%. Year to date, ONEV is up 12.32% versus a gain of 13.82% for VYM.
Over three years, ONEV compounded at +12.43% per year against +17.72% for VYM; over five years the annualized figures are +8.72% and +12.13% respectively. Across the full 11-year window we track, ONEV has the edge at +9.87% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEV has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 0.94. 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 VYM charges 0.04%. On a $10,000 position that is $20 vs $4 annually, a gap of $16 per year that compounds over a long holding period. On income, ONEV currently yields 1.77% against 2.86% for VYM.
Holdings Overlap
ONEV and VYM share 177 holdings out of 830 unique holdings combined, representing a 15.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ONEV | Weight in VYM | Difference |
|---|---|---|---|
| PGR | 1.28% | 0.55% | 0.73% |
| ALL | 1.50% | 0.25% | 1.25% |
| CI | 0.88% | 0.33% | 0.55% |
| CMCSA | Pro | Pro | Pro |
| TRV | Pro | Pro | Pro |
| ELV | Pro | Pro | Pro |
| HIG | Pro | Pro | Pro |
| KR | Pro | Pro | Pro |
| GD | Pro | Pro | Pro |
| CINF | Pro | Pro | Pro |
See all 10 holdings ONEV shares with VYM 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 VYM?
ONEV has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, ONEV or VYM?
Over the past year ONEV returned +17.05% vs +24.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (11 years), ONEV annualized +9.87% vs +6.98% for VYM. Past performance does not guarantee future results.
Which is riskier, ONEV or VYM?
ONEV has been the more volatile fund at 15.5% annualized versus 14.6% for VYM. Worst drawdown: ONEV -40.2% vs VYM -58.8%.
Should I hold both ONEV and VYM?
ONEV and VYM have a monthly-return correlation of 0.94, 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 VYM?
ONEV and VYM share 177 common holdings with a 15.9% weight overlap. Combined, they hold 830 unique securities.
Which pays a higher dividend, ONEV or VYM?
ONEV yields 1.77% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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