ONEY vs. DXUV

Last updated Aug 4, 2026

ONEY (SPDR Russell 1000 Yield Focus ETF) and DXUV (Dimensional US Vector Equity ETF) are both Mid Cap Value Equities funds. ONEY is passively managed, while DXUV is actively managed. Over the past year, ONEY returned 26.35% vs 28.06% for DXUV. Their 0.77 correlation means they have sometimes moved together and sometimes differently. ONEY charges 0.20%/yr vs 0.25%/yr for DXUV.

Performance

ONEY vs. DXUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Russell 1000 Yield Focus ETF (ONEY) and Dimensional US Vector Equity ETF (DXUV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ONEY achieves a 19.04% return, which is significantly higher than DXUV's 16.02% return.

ONEY

• 1D: 0.61%
• 1M: 1.85%
• 6M: 12.55%
• YTD: 19.04%
• 1Y: 26.35%
• 3Y*: 14.12%
• 5Y*: 10.54%
• 10Y*: 12.11%
• ALL TIME*: 12.34%

DXUV

• 1D: 1.52%
• 1M: 3.27%
• 6M: 11.12%
• YTD: 16.02%
• 1Y: 28.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DXUV Dimensional US Vector Equity ETF	$5.68M	$4.16M	$3.52M
ONEY SPDR Russell 1000 Yield Focus ETF	$3.68M	$5.35M	$5.20M

ONEY vs. DXUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ONEY SPDR Russell 1000 Yield Focus ETF	19.04%	7.74%	2.06%
DXUV Dimensional US Vector Equity ETF	16.02%	14.34%	5.03%

Correlation

The correlation between ONEY and DXUV is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (All Time) Calculated using the full available price history since Sep 12, 2024	0.77

The correlation between ONEY and DXUV has been stable across timeframes, ranging from 0.68 to 0.77 - a consistent structural relationship.

ONEY vs. DXUV - Sectors Allocation Comparison

Sectors	ONEY	DXUV
Financial Services	17.8%	17.7%
Consumer Defensive	11.2%	5.3%
Real Estate	11.2%	0.3%
Consumer Cyclical	11.1%	10.8%
Utilities	10.8%	0.5%
Industrials	9.8%	13.7%
Energy	8.0%	6.5%
Technology	5.9%	24.5%
Basic Materials	5.5%	4.1%
Healthcare	5.1%	9.5%
Communication Services	3.2%	6.7%

Return for Risk

ONEY vs. DXUV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ONEY

ONEY Risk / Return Rank: 87
ONEY Sharpe Ratio Rank: 87
ONEY Sortino Ratio Rank: 89
ONEY Omega Ratio Rank: 85
ONEY Calmar Ratio Rank: 86
ONEY Martin Ratio Rank: 86

DXUV

DXUV Risk / Return Rank: 86
DXUV Sharpe Ratio Rank: 87
DXUV Sortino Ratio Rank: 87
DXUV Omega Ratio Rank: 85
DXUV Calmar Ratio Rank: 83
DXUV Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ONEY vs. DXUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 1000 Yield Focus ETF (ONEY) and Dimensional US Vector Equity ETF (DXUV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ONEY	DXUV	Difference
Sharpe ratio: Return per unit of total volatility	2.13	2.20	-0.07
Sortino ratio: Return per unit of downside risk	3.18	3.07	+0.12
Omega ratio: Gain probability vs. loss probability	1.38	1.39	-0.01
Calmar ratio: Return relative to maximum drawdown	3.48	3.31	+0.17
Martin ratio: Return relative to average drawdown	12.91	13.52	-0.61

ONEY vs. DXUV - Sharpe Ratio Comparison

The current ONEY Sharpe Ratio is 2.13, which is comparable to the DXUV Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of ONEY and DXUV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ONEY vs. DXUV - Drawdown Comparison

The maximum ONEY drawdown since its inception was -46.80%, which is greater than DXUV's maximum drawdown of -21.08%. Use the drawdown chart below to compare losses from any high point for ONEY and DXUV.

Drawdown Indicators

	ONEY	DXUV	Difference
Max Drawdown Largest peak-to-trough decline	-46.80%	-21.08%	-25.72%
Max Drawdown (1Y) Largest decline over 1 year	-7.61%	-8.53%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	-17.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.93%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.80%	—	—
Current Drawdown Current decline from peak	-1.25%	0.00%	-1.25%
Average Drawdown Average peak-to-trough decline	-4.93%	-2.86%	-2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.08%	-0.03%

Volatility

ONEY vs. DXUV - Volatility Comparison

SPDR Russell 1000 Yield Focus ETF (ONEY) has a higher volatility of 4.17% compared to Dimensional US Vector Equity ETF (DXUV) at 3.14%. This indicates that ONEY's price experiences larger fluctuations and is considered to be riskier than DXUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ONEY	DXUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	3.14%	+1.03%
Volatility (6M) Calculated over the trailing 6-month period	8.88%	9.42%	-0.54%
Volatility (1Y) Calculated over the trailing 1-year period	12.44%	12.82%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	16.92%	-0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.81%	16.92%	+2.89%

ONEY vs. DXUV - Expense Ratio Comparison

ONEY has a 0.20% expense ratio, which is lower than DXUV'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. DXUV - Dividend Comparison

ONEY's dividend yield for the trailing twelve months is around 2.76%, more than DXUV's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DXUV Dimensional US Vector Equity ETF	0.96%	1.01%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ONEY SPDR Russell 1000 Yield Focus ETF	2.76%	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

Can I hold both ONEY and DXUV in my portfolio?

ONEY and DXUV have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ONEY or DXUV?

ONEY has higher volatility (4.17%) compared to DXUV (3.14%). In terms of maximum drawdown, ONEY dropped -46.80% vs DXUV's -21.08%.

Which ETF is better, ONEY or DXUV?

On 1-year performance, DXUV leads with 28.06% vs 26.35% for ONEY. On fees, ONEY is cheaper at 0.20% per year. On volatility, DXUV has been the lower-risk option at 3.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ONEY or DXUV?

Over the 1-year period, DXUV has performed better with a 28.06% return vs 26.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ONEY or DXUV?

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

Which ETF pays a higher dividend yield, ONEY or DXUV?

ONEY has the higher dividend yield at 2.76%, compared with 0.96% for DXUV.

What is the main difference between ONEY and DXUV?

They also come from different issuers: State Street and Dimensional. Their fees differ too: 0.20% for ONEY and 0.25% for DXUV.

Which has better risk-adjusted returns?

DXUV currently has the higher Sharpe Ratio (2.20 vs 2.13), 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.