ONEO vs VYM
State Street SPDR Russell 1000 Momentum Focus ETF vs Vanguard High Dividend Yield ETF
Which is better, ONEO or VYM?
Mid Cap Blend against Large Cap Value.
VYM has a lower expense ratio. ONEO led over 1Y, VYM over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. ONEO is less concentrated, with 5.7% of the fund in its ten largest positions against 25.9%.
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 | ONEO | VYM |
|---|---|---|
| Expense Ratio | 0.20% | 0.04%Best |
| AUM | $31M | $81.6B |
| Dividend Yield | 1.16% | 2.22% |
| Holdings | 939 | 613 |
| YTD Return | +16.82%Best | +13.15% |
| 1Y Return | +20.06%Best | +17.82% |
| 3Y Return (annualized) | +17.46% | +17.99%Best |
| 5Y Return (annualized) | +10.06% | +12.16%Best |
| Volatility (annualized) | 17.0% | 13.9%Best |
| Max Drawdown | -41.2% | -35.7%Best |
| $10,000 over 5 years | $16,149 | $17,750Best |
| Top 10 Weight | 5.7%Best | 25.9% |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 1, 2015 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2015 to Sep 10, 2026 (10.8 years).
ONEO vs VYM 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 10.8 years both funds cover.
ONEO vs VYM Performance
State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) is an ETF from State Street Investment Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year ONEO returned +20.06% while VYM returned +17.82%. Year to date, ONEO is up 16.82% versus a gain of 13.15% for VYM.
Over three years, ONEO compounded at +17.46% per year against +17.99% for VYM; over five years the annualized figures are +10.06% and +12.16% respectively. Across the full 11-year window we track, VYM has the edge at +10.15% annualized vs +9.81%.
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 13.9% 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 -41.2% for ONEO and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ONEO 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, ONEO currently yields 1.16% against 2.22% for VYM.
Holdings Overlap
43.9% of ONEO's money is in holdings VYM also owns. 85.0% of VYM's money is in holdings ONEO also owns.
Most of VYM is already inside ONEO. Owning both mostly buys the same companies twice.
373 positions in common, counted across the 933 positions we hold weights for in ONEO and 603 in VYM, against full books of 939 and 613.
What only one of them owns
Our book lists 200 positions for VYM that do not appear in our book for ONEO (12.7% of the fund), and 521 for ONEO that do not appear in VYM (53.5%).
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 VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 0.04% | 7.29% | 7.25% |
| JNJJohnson & Johnson | 0.06% | 2.54% | 2.48% |
| XOMExxon Mobil Corp. | 0.06% | 2.36% | 2.30% |
| CATCaterpillar, Inc. | 0.04% | 2.01% | 1.97% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.05% | 1.93% | 1.88% |
| ABBVAbbvie Inc. | 0.03% | 1.85% | 1.82% |
| UNHUnitedhealth Group Inc. | 0.13% | 1.56% | 1.43% |
| KOCoca Cola Co. | 0.29% | 1.31% | 1.02% |
| HDHome Depot Inc/The | 0.03% | 1.46% | 1.43% |
| PGProcter & Gamble Company | 0.04% | 1.42% | 1.38% |
85.0% of VYM 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 VYM?
ONEO has an expense ratio of 0.20% while VYM charges 0.04%. VYM is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, ONEO or VYM?
Over the past year ONEO returned +20.06% vs +17.82% for VYM, so ONEO leads on 1-year performance. Over the longest common window we track (11 years), ONEO annualized +9.81% vs +10.15% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEO or VYM?
ONEO has been the more volatile fund at 17.0% annualized versus 13.9% for VYM. Worst drawdown: ONEO -41.2% vs VYM -35.7%.
Should I hold both ONEO and VYM?
ONEO and VYM have a monthly-return correlation of 0.93, 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.
What is the holdings overlap between ONEO and VYM?
85.0% of VYM's money is in holdings ONEO also owns. 85.0% of VYM's is in holdings ONEO also owns. They hold 373 positions in common, counted across the 933 positions we hold weights for in ONEO and 603 in VYM.
Which pays a higher dividend, ONEO or VYM?
ONEO yields 1.16% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than ONEO?
VYM has a lower expense ratio. ONEO led over 1Y, VYM over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. ONEO is less concentrated, with 5.7% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.