IVV vs ONOF
iShares Core S&P 500 ETF vs Global X Adaptive US Risk Management ETF
Which is better, IVV or ONOF?
IVV has been ahead.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. ONOF is less concentrated, with 37.1% of the fund in its ten largest positions against 37.9%.
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 | ONOF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.39% |
| AUM | $876.4B | $141M |
| Dividend Yield | 1.06% | 1.20% |
| Holdings | 508 | 508 |
| YTD Return | +11.57%Best | +7.70% |
| 1Y Return | +17.57%Best | +13.08% |
| 3Y Return (annualized) | +20.71%Best | +11.91% |
| 5Y Return (annualized) | +12.80%Best | +8.06% |
| Volatility (annualized) | 15.2% | 14.0%Best |
| Max Drawdown | -24.5%Best | -26.2% |
| $10,000 over 5 years | $18,262Best | $14,734 |
| Top 10 Weight | 37.9% | 37.1%Best |
| Fund Family | iShares by BlackRock (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Jan 12, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jan 13, 2021 to Sep 10, 2026 (5.7 years).
IVV vs ONOF 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 5.7 years both funds cover.
IVV vs ONOF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Global X Adaptive US Risk Management ETF (ONOF) is an ETF from Global X by mirae Asset. Over the past year IVV returned +17.57% while ONOF returned +13.08%. Year to date, IVV is up 11.57% versus a gain of 7.70% for ONOF.
Over three years, IVV compounded at +20.71% per year against +11.91% for ONOF; over five years the annualized figures are +12.80% and +8.06% respectively. Across the full 6-year window we track, IVV has the edge at +14.56% annualized vs +10.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 14.0% for ONOF. 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 -24.5% for IVV and -26.2% for ONOF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while ONOF charges 0.39%. On a $10,000 position that is $3 vs $39 annually, a gap of $36 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 1.20% for ONOF.
Holdings Overlap
94.5% of IVV's money is in holdings ONOF also owns. 92.0% of ONOF's money is in holdings IVV also owns.
Most of IVV is already inside ONOF. Owning both mostly buys the same companies twice.
401 positions in common, counted across the 505 positions we hold weights for in IVV and 495 in ONOF, against full books of 508 and 508.
What only one of them owns
Our book lists 68 positions for ONOF that do not appear in our book for IVV (5.8% of the fund), and 97 for IVV that do not appear in ONOF (5.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in ONOF | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 7.25% | 0.73% |
| AAPLApple, Inc | 6.86% | 6.48% | 0.38% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 5.29% | 0.15% |
| AMZNAmazon.Com Inc | 4.01% | 3.90% | 0.11% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 3.22% | 0.03% |
| AVGOBroadcom Inc | 2.98% | 2.85% | 0.13% |
| GOOGAlphabet Inc | 2.56% | 2.78% | 0.22% |
| METAMeta Platforms, Inc. | 1.94% | 1.88% | 0.06% |
| MUMicron Technology, Inc. | 1.51% | 1.48% | 0.03% |
| TSLATesla Inc | 1.36% | 1.60% | 0.24% |
94.5% of IVV is already inside ONOF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or ONOF?
IVV has an expense ratio of 0.03% while ONOF charges 0.39%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, IVV or ONOF?
Over the past year IVV returned +17.57% vs +13.08% for ONOF, so IVV leads on 1-year performance. Over the longest common window we track (6 years), IVV annualized +14.56% vs +10.12% for ONOF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or ONOF?
IVV has been the more volatile fund at 15.2% annualized versus 14.0% for ONOF. Worst drawdown: IVV -24.5% vs ONOF -26.2%.
Should I hold both IVV and ONOF?
IVV and ONOF have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and ONOF?
94.5% of IVV's money is in holdings ONOF also owns. 92.0% of ONOF's is in holdings IVV also owns. They hold 401 positions in common, counted across the 505 positions we hold weights for in IVV and 495 in ONOF.
Which pays a higher dividend, IVV or ONOF?
IVV yields 1.06% while ONOF yields 1.20%, so ONOF currently pays the higher dividend yield.
Is ONOF better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. ONOF is less concentrated, with 37.1% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.