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ONEY vs. DIVB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ONEY vs. DIVB

Last updated Jun 4, 2026

ONEY (SPDR Russell 1000 Yield Focus ETF) and DIVB (iShares U.S. Dividend and Buyback ETF) are both exchange-traded funds - ONEY is a Mid Cap Value Equities fund tracking the Russell 1000 Yield Focused Factor Index, while DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, ONEY returned 8.74%/yr vs 12.19%/yr for DIVB. Their correlation of 0.87 suggests significant overlap in exposure. ONEY charges 0.20%/yr vs 0.25%/yr for DIVB.

Performance

ONEY vs. DIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Russell 1000 Yield Focus ETF (ONEY) and iShares U.S. Dividend and Buyback ETF (DIVB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ONEY achieves a 14.26% return, which is significantly lower than DIVB's 17.35% return.

ONEY

1D
-0.18%
1M
3.52%
YTD
14.26%
6M
14.38%
1Y
23.42%
3Y*
15.65%
5Y*
8.74%
10Y*
12.04%

DIVB

1D
-0.56%
1M
8.55%
YTD
17.35%
6M
17.71%
1Y
29.81%
3Y*
22.07%
5Y*
12.19%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ONEY vs. DIVB - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ONEY
SPDR Russell 1000 Yield Focus ETF		14.26%7.74%11.63%11.12%-3.60%37.11%2.17%27.45%-8.71%6.49%
DIVB
iShares U.S. Dividend and Buyback ETF		17.35%15.09%18.59%13.27%-10.51%31.29%10.78%32.72%-8.16%5.95%

Correlation

The correlation between ONEY and DIVB is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.87

Correlation (3Y)
Calculated over the trailing 3-year period

0.92

Correlation (5Y)
Calculated over the trailing 5-year period

0.92

Correlation (All Time)
Calculated using the full available price history since Nov 10, 2017

0.87

The correlation between ONEY and DIVB has been stable across timeframes, ranging from 0.87 to 0.92 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SPDR Russell 1000 Yield Focus ETF

iShares U.S. Dividend and Buyback ETF

Often compared with ONEY:
ONEY vs. ONEVONEY vs. SCHDONEY vs. ONEOONEY vs. RWKONEY vs. RFVONEY vs. VOEONEY vs. FSPGX
Often compared with DIVB:
DIVB vs. SCHDDIVB vs. DGRODIVB vs. VOODIVB vs. PKWDIVB vs. SPDGDIVB vs. CALFDIVB vs. DHS

Return for Risk

ONEY vs. DIVB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ONEY
ONEY Risk / Return Rank: 5858
Overall Rank
ONEY Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
ONEY Sortino Ratio Rank: 6060
Sortino Ratio Rank
ONEY Omega Ratio Rank: 5454
Omega Ratio Rank
ONEY Calmar Ratio Rank: 6262
Calmar Ratio Rank
ONEY Martin Ratio Rank: 6262
Martin Ratio Rank
DIVB
DIVB Risk / Return Rank: 7979
Overall Rank
DIVB Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
DIVB Sortino Ratio Rank: 8282
Sortino Ratio Rank
DIVB Omega Ratio Rank: 7777
Omega Ratio Rank
DIVB Calmar Ratio Rank: 8282
Calmar Ratio Rank
DIVB Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ONEY vs. DIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 1000 Yield Focus ETF (ONEY) and iShares U.S. Dividend and Buyback ETF (DIVB). 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.

ONEYDIVBDifference
Sharpe ratioReturn per unit of total volatility
1.90
2.65

-0.74

Sortino ratioReturn per unit of downside risk
2.86
3.73

-0.87

Omega ratioGain probability vs. loss probability

1.34

1.47

-0.13

Calmar ratioReturn relative to maximum drawdown

3.09

4.39

-1.30

Martin ratioReturn relative to average drawdown

11.15

14.95

-3.80

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ONEY vs. DIVB - Sharpe Ratio Comparison

The current ONEY Sharpe Ratio is 1.90, which is comparable to the DIVB Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of ONEY and DIVB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ONEYDIVBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.90

2.65

-0.74

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.80

-0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.76

-0.14

Drawdowns

ONEY vs. DIVB - Drawdown Comparison

The maximum ONEY drawdown since its inception was -46.80%, which is greater than DIVB's maximum drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for ONEY and DIVB.

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Drawdown Indicators

ONEYDIVBDifference

Max Drawdown

Largest peak-to-trough decline

-46.80%

-36.93%

-9.87%

Max Drawdown (1Y)

Largest decline over 1 year

-7.61%

-6.82%

-0.79%

Max Drawdown (3Y)

Largest decline over 3 years

-17.50%

-15.45%

-2.05%

Max Drawdown (5Y)

Largest decline over 5 years

-18.93%

-21.08%

+2.15%

Max Drawdown (10Y)

Largest decline over 10 years

-46.80%

—

—

Current Drawdown

Current decline from peak

-0.18%

-0.56%

+0.38%

Average Drawdown

Average peak-to-trough decline

-4.98%

-4.99%

+0.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.11%

2.00%

+0.11%

Volatility

ONEY vs. DIVB - Volatility Comparison

The current volatility for SPDR Russell 1000 Yield Focus ETF (ONEY) is 2.78%, while iShares U.S. Dividend and Buyback ETF (DIVB) has a volatility of 3.34%. This indicates that ONEY experiences smaller price fluctuations and is considered to be less risky than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ONEYDIVBDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.78%

3.34%

-0.56%

Volatility (6M)

Calculated over the trailing 6-month period

8.42%

8.44%

-0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

12.39%

11.33%

+1.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.15%

15.23%

+0.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.87%

18.38%

+1.49%

ONEY vs. DIVB - Expense Ratio Comparison

ONEY has a 0.20% expense ratio, which is lower than DIVB's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ONEY vs. DIVB - Dividend Comparison

ONEY's dividend yield for the trailing twelve months is around 2.81%, more than DIVB's 2.19% yield.

PositionTTM20252024202320222021202020192018201720162015
DIVB
iShares U.S. Dividend and Buyback ETF		2.19%2.50%2.61%3.18%2.02%1.63%2.08%2.07%2.52%0.37%0.00%0.00%
ONEY
SPDR Russell 1000 Yield Focus ETF		2.81%3.15%3.18%3.14%3.17%2.46%2.74%3.17%3.72%10.73%6.31%0.29%

Frequently Asked Questions

ONEY and DIVB have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DIVB has higher volatility (3.34%) compared to ONEY (2.78%). In terms of maximum drawdown, ONEY dropped -46.80% vs DIVB's -36.93%.

On 5-year performance, DIVB leads with 12.19% vs 8.74% for ONEY. On fees, ONEY is cheaper at 0.20% per year. On volatility, ONEY has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DIVB has performed better with a 12.19% return vs 8.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

ONEY is cheaper with a 0.20% expense ratio, compared with 0.25% for DIVB.

ONEY has the higher dividend yield at 2.81%, compared with 2.19% for DIVB.

ONEY is categorized as Mid Cap Value Equities, while DIVB is Large Cap Blend Equities. ONEY tracks Russell 1000 Yield Focused Factor Index, while DIVB tracks Morningstar US Dividend and Buyback Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.20% for ONEY and 0.25% for DIVB.

DIVB currently has the higher Sharpe Ratio (2.65 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for ONEY and DIVB

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