IVV vs ONEZ
iShares Core S&P 500 ETF vs TrueShares Seasonality Laddered Buffered ETF
Which is better, IVV or ONEZ?
Large Cap Blend against Option Writing.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 76.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | ONEZ |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.96% |
| AUM | $876.4B | $345M |
| Dividend Yield | 1.06% | 3.62% |
| Holdings | 508 | 15 |
| YTD Return | +13.32%Best | +8.20% |
| 1Y Return | +17.08%Best | +6.36% |
| 3Y Return (annualized) | +22.72% | - |
| 5Y Return (annualized) | +13.20% | - |
| Volatility (annualized) | 12.9% | 9.6%Best |
| Max Drawdown | -18.8% | -13.2%Best |
| $10,000 over 1.7 years | $13,173Best | $11,389 |
| Top 10 Weight | 37.8%Best | 76.7% |
| Fund Family | iShares by BlackRock (US) | TrueShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Option Writing |
| Inception | May 15, 2000 | Jan 27, 2025 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 27, 2025 to Sep 23, 2026 (1.7 years).
IVV vs ONEZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
IVV vs ONEZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and TrueShares Seasonality Laddered Buffered ETF (ONEZ) is an ETF from TrueShares. Over the past year IVV returned +17.08% while ONEZ returned +6.36%. Year to date, IVV is up 13.32% versus a gain of 8.20% for ONEZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 9.6% for ONEZ. 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 -18.8% for IVV and -13.2% for ONEZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while ONEZ charges 0.96%. On a $10,000 position that is $3 vs $96 annually, a gap of $93 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.62% for ONEZ.
Holdings Overlap
We hold position weights for 490 holdings in IVV and 16 in ONEZ, totalling 99.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 490 positions we hold weights for in IVV and 16 in ONEZ, against full books of 508 and 15.
What only one of them owns
Measured across the 490 and 16 positions we hold weights for.
IVV holds 482 positions ONEZ does not, 98.6% of the fund.
Largest: NVDA 8.07%, AAPL 7.02%, MSFT 5.69%, AMZN 3.84%, GOOGL 3.00%
You are not choosing between two funds in isolation.
Whichever of IVV and ONEZ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or ONEZ?
IVV has an expense ratio of 0.03% while ONEZ charges 0.96%. IVV is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, IVV or ONEZ?
Over the past year IVV returned +17.08% vs +6.36% for ONEZ, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +17.60% vs +7.95% for ONEZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or ONEZ?
IVV has been the more volatile fund at 12.9% annualized versus 9.6% for ONEZ. Worst drawdown: IVV -18.8% vs ONEZ -13.2%.
Should I hold both IVV and ONEZ?
IVV and ONEZ have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IVV or ONEZ?
IVV yields 1.06% while ONEZ yields 3.62%, so ONEZ currently pays the higher dividend yield.
Is ONEZ better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 76.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.