ONEV vs. AGOX
Compare and contrast key facts about SPDR Russell 1000 Low Volatility Focus ETF (ONEV) and Adaptive Alpha Opportunities ETF (AGOX).
ONEV and AGOX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ONEV is a passively managed fund by State Street that tracks the performance of the Russell 1000 Low Volatility Focused Factor (TR). It was launched on Dec 2, 2015. AGOX is managed by Adaptive Funds. It was launched on Sep 20, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONEV or AGOX.
Correlation
The correlation between ONEV and AGOX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ONEV vs. AGOX - Performance Comparison
Key characteristics
ONEV:
0.35
AGOX:
0.39
ONEV:
0.61
AGOX:
0.76
ONEV:
1.08
AGOX:
1.10
ONEV:
0.35
AGOX:
0.47
ONEV:
1.25
AGOX:
1.43
ONEV:
4.15%
AGOX:
6.96%
ONEV:
14.71%
AGOX:
25.55%
ONEV:
-39.72%
AGOX:
-27.72%
ONEV:
-8.68%
AGOX:
-11.30%
Returns By Period
In the year-to-date period, ONEV achieves a -2.08% return, which is significantly higher than AGOX's -3.95% return.
ONEV
-2.08%
-3.61%
-3.19%
5.61%
14.39%
N/A
AGOX
-3.95%
3.11%
-5.41%
8.26%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ONEV vs. AGOX - Expense Ratio Comparison
ONEV has a 0.20% expense ratio, which is lower than AGOX's 1.69% expense ratio.
Risk-Adjusted Performance
ONEV vs. AGOX — Risk-Adjusted Performance Rank
ONEV
AGOX
ONEV vs. AGOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 1000 Low Volatility Focus ETF (ONEV) and Adaptive Alpha Opportunities ETF (AGOX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ONEV vs. AGOX - Dividend Comparison
ONEV's dividend yield for the trailing twelve months is around 1.97%, less than AGOX's 4.11% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ONEV SPDR Russell 1000 Low Volatility Focus ETF | 1.97% | 1.88% | 1.79% | 1.80% | 1.44% | 1.87% | 2.07% | 2.14% | 6.91% | 2.02% | 0.08% |
AGOX Adaptive Alpha Opportunities ETF | 4.11% | 3.94% | 0.27% | 0.20% | 3.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ONEV vs. AGOX - Drawdown Comparison
The maximum ONEV drawdown since its inception was -39.72%, which is greater than AGOX's maximum drawdown of -27.72%. Use the drawdown chart below to compare losses from any high point for ONEV and AGOX. For additional features, visit the drawdowns tool.
Volatility
ONEV vs. AGOX - Volatility Comparison
The current volatility for SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is 9.95%, while Adaptive Alpha Opportunities ETF (AGOX) has a volatility of 16.13%. This indicates that ONEV experiences smaller price fluctuations and is considered to be less risky than AGOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.