ONEY vs SCHD
State Street SPDR Russell 1000 Yield Focus ETF vs Schwab US Dividend Equity ETF
Which is better, ONEY or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ONEY is less concentrated, with 17.9% 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 | ONEY | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $677M | $112.1B |
| Dividend Yield | 2.74% | 3.00% |
| Holdings | 303 | 103 |
| YTD Return | +16.38% | +25.84%Best |
| 1Y Return | +19.27% | +30.18%Best |
| 3Y Return (annualized) | +14.74% | +16.08%Best |
| 5Y Return (annualized) | +9.77% | +9.97%Best |
| Volatility (annualized) | 18.8% | 14.8%Best |
| Max Drawdown | -47.5% | -33.4%Best |
| $10,000 over 5 years | $15,937 | $16,083Best |
| Top 10 Weight | 17.9%Best | 41.8% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Dec 2, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Dec 3, 2015 to Sep 15, 2026 (10.8 years).
ONEY 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 10.8 years both funds cover.
ONEY vs SCHD Performance
State Street SPDR Russell 1000 Yield Focus ETF (ONEY) 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 ONEY returned +19.27% while SCHD returned +30.18%. Year to date, ONEY is up 16.38% versus a gain of 25.84% for SCHD.
Over three years, ONEY compounded at +14.74% per year against +16.08% for SCHD; over five years the annualized figures are +9.77% and +9.97% respectively. Across the full 11-year window we track, SCHD has the edge at +11.47% annualized vs +9.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEY has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 14.8% 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 -47.5% for ONEY 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ONEY 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, ONEY currently yields 2.74% against 3.00% for SCHD.
Holdings Overlap
23.1% of ONEY's money is in holdings SCHD also owns. 29.0% of SCHD's money is in holdings ONEY also owns.
SCHD and ONEY share little of their money.
40 positions in common, counted across the 297 positions we hold weights for in ONEY and 100 in SCHD, against full books of 303 and 103.
What only one of them owns
Our book lists 59 positions for SCHD that do not appear in our book for ONEY (71.0% of the fund), and 250 for ONEY that do not appear in SCHD (74.7%).
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 ONEY | Weight in SCHD | Difference |
|---|---|---|---|
| CMCSAComcast Corp-class A Cmcsa | 2.34% | 2.31% | 0.03% |
| ACNAccenture Plc | 1.60% | 2.84% | 1.24% |
| MOAltria Group Inc | 0.95% | 2.79% | 1.84% |
| EOGEog Resources Inc | 1.45% | 1.88% | 0.43% |
| UPSUnited Parcel Service, Inc | 1.41% | 1.90% | 0.49% |
| TGTTarget Corp Common Stock Usd.0833 | 1.15% | 1.78% | 0.63% |
| OKEOneok Inc. | 1.45% | 1.47% | 0.02% |
| DVNDevon Energy Corporation | 1.00% | 1.36% | 0.36% |
| FFord Motor Credit | 0.67% | 1.33% | 0.66% |
| ADMArcher-Daniels-Midland Co. | 0.97% | 0.96% | 0.01% |
29.0% of SCHD is already inside ONEY.
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, ONEY or SCHD?
ONEY 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, ONEY or SCHD?
Over the past year ONEY returned +19.27% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), ONEY annualized +9.23% vs +11.47% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEY or SCHD?
ONEY has been the more volatile fund at 18.8% annualized versus 14.8% for SCHD. Worst drawdown: ONEY -47.5% vs SCHD -33.4%.
Should I hold both ONEY and SCHD?
ONEY and SCHD have a monthly-return correlation of 0.89, 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 ONEY and SCHD?
29.0% of SCHD's money is in holdings ONEY also owns. 29.0% of SCHD's is in holdings ONEY also owns. They hold 40 positions in common, counted across the 297 positions we hold weights for in ONEY and 100 in SCHD.
Which pays a higher dividend, ONEY or SCHD?
ONEY yields 2.74% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ONEY?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ONEY is less concentrated, with 17.9% 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.