ONEO vs SCHD
State Street SPDR Russell 1000 Momentum Focus ETF vs Schwab US Dividend Equity ETF
Which is better, ONEO or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ONEO is less concentrated, with 5.9% of the fund in its ten largest positions against 41.8%.
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 | ONEO | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $30M | $119.9B |
| Dividend Yield | 1.22% | 2.96% |
| Holdings | 1,869 | 204 |
| YTD Return | +20.62% | +33.09%Best |
| 1Y Return | +23.29% | +37.17%Best |
| 3Y Return (annualized) | +20.09% | +20.32%Best |
| 5Y Return (annualized) | +9.55% | +10.36%Best |
| Volatility (annualized) | 17.0% | 15.1%Best |
| Max Drawdown | -41.2% | -33.4%Best |
| $10,000 over 5 years | $15,778 | $16,370Best |
| Top 10 Weight | 5.9%Best | 41.8% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 1, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2015 to Nov 11, 2026 (10.9 years).
ONEO vs SCHD 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 10.9 years both funds cover.
ONEO vs SCHD Performance
State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ONEO returned +23.29% while SCHD returned +37.17%. Year to date, ONEO is up 20.62% versus a gain of 33.09% for SCHD.
Over three years, ONEO compounded at +20.09% per year against +20.32% for SCHD; over five years the annualized figures are +9.55% and +10.36% respectively. Across the full 11-year window we track, SCHD has the edge at +11.87% annualized vs +9.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEO has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 15.1% for SCHD. 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 -41.2% for ONEO and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ONEO charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, ONEO currently yields 1.22% against 2.96% for SCHD.
Holdings Overlap
9.1% of ONEO's money is in holdings SCHD also owns. 94.7% of SCHD's money is in holdings ONEO also owns.
Most of SCHD is already inside ONEO. Owning both mostly buys the same companies twice.
61 positions in common, counted across the 930 positions we hold weights for in ONEO and 98 in SCHD, against full books of 1,869 and 204.
What only one of them owns
Our book lists 36 positions for SCHD that do not appear in our book for ONEO (5.0% of the fund), and 833 for ONEO that do not appear in SCHD (88.2%).
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 ONEO | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 0.42% | 4.27% | 3.85% |
| TXNTexas Instrument Inc | 0.11% | 4.53% | 4.42% |
| KOCoca Cola Co. | 0.33% | 4.28% | 3.95% |
| PGProcter & Gamble Company | 0.05% | 4.36% | 4.31% |
| CVXChevron Corp | 0.03% | 4.32% | 4.29% |
| QCOMQualcomm Inc. | 0.15% | 4.18% | 4.03% |
| UNHUnitedhealth Group Incorporated | 0.13% | 4.07% | 3.94% |
| MRKMerck & Company Inc | 0.12% | 4.00% | 3.88% |
| AMGNAmgen Inc. | 0.09% | 3.96% | 3.87% |
| ABTAbbot Laboratories | 0.06% | 3.84% | 3.78% |
94.7% of SCHD is already inside ONEO.
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, ONEO or SCHD?
ONEO has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, ONEO or SCHD?
Over the past year ONEO returned +23.29% vs +37.17% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), ONEO annualized +9.97% vs +11.87% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEO or SCHD?
ONEO has been the more volatile fund at 17.0% annualized versus 15.1% for SCHD. Worst drawdown: ONEO -41.2% vs SCHD -33.4%.
Should I hold both ONEO and SCHD?
ONEO and SCHD have a monthly-return correlation of 0.88, 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 ONEO and SCHD?
94.7% of SCHD's money is in holdings ONEO also owns. 94.7% of SCHD's is in holdings ONEO also owns. They hold 61 positions in common, counted across the 930 positions we hold weights for in ONEO and 98 in SCHD.
Which pays a higher dividend, ONEO or SCHD?
ONEO yields 1.22% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ONEO?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ONEO is less concentrated, with 5.9% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.