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ONEY vs. ONEV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ONEYONEV
YTD Return12.24%13.05%
1Y Return24.37%23.69%
3Y Return (Ann)7.13%7.02%
5Y Return (Ann)11.80%10.83%
Sharpe Ratio2.022.32
Sortino Ratio2.943.36
Omega Ratio1.351.41
Calmar Ratio2.373.45
Martin Ratio11.4410.74
Ulcer Index2.32%2.39%
Daily Std Dev13.04%11.00%
Max Drawdown-46.80%-39.72%
Current Drawdown-2.76%-2.45%

Correlation

-0.50.00.51.00.8

The correlation between ONEY and ONEV 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

ONEY vs. ONEV - Performance Comparison

In the year-to-date period, ONEY achieves a 12.24% return, which is significantly lower than ONEV's 13.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.53%
8.18%
ONEY
ONEV

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


ONEY vs. ONEV - Expense Ratio Comparison

Both ONEY and ONEV have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


ONEY
SPDR Russell 1000 Yield Focus ETF
Expense ratio chart for ONEY: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for ONEV: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

ONEY vs. ONEV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 1000 Yield Focus ETF (ONEY) and SPDR Russell 1000 Low Volatility Focus ETF (ONEV). 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.


ONEY
Sharpe ratio
The chart of Sharpe ratio for ONEY, currently valued at 2.02, compared to the broader market0.002.004.006.002.02
Sortino ratio
The chart of Sortino ratio for ONEY, currently valued at 2.94, compared to the broader market0.005.0010.002.94
Omega ratio
The chart of Omega ratio for ONEY, currently valued at 1.35, compared to the broader market1.001.502.002.503.001.35
Calmar ratio
The chart of Calmar ratio for ONEY, currently valued at 2.37, compared to the broader market0.005.0010.0015.0020.002.37
Martin ratio
The chart of Martin ratio for ONEY, currently valued at 11.44, compared to the broader market0.0020.0040.0060.0080.00100.00120.0011.44
ONEV
Sharpe ratio
The chart of Sharpe ratio for ONEV, currently valued at 2.32, compared to the broader market0.002.004.006.002.32
Sortino ratio
The chart of Sortino ratio for ONEV, currently valued at 3.36, compared to the broader market0.005.0010.003.36
Omega ratio
The chart of Omega ratio for ONEV, currently valued at 1.41, compared to the broader market1.001.502.002.503.001.41
Calmar ratio
The chart of Calmar ratio for ONEV, currently valued at 3.45, compared to the broader market0.005.0010.0015.0020.003.45
Martin ratio
The chart of Martin ratio for ONEV, currently valued at 10.74, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.74

ONEY vs. ONEV - Sharpe Ratio Comparison

The current ONEY Sharpe Ratio is 2.02, which is comparable to the ONEV Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of ONEY and ONEV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.02
2.32
ONEY
ONEV

Dividends

ONEY vs. ONEV - Dividend Comparison

ONEY's dividend yield for the trailing twelve months is around 3.10%, more than ONEV's 1.72% yield.


TTM202320222021202020192018201720162015
ONEY
SPDR Russell 1000 Yield Focus ETF
3.10%3.14%3.17%2.46%2.74%3.17%3.72%10.73%3.19%0.29%
ONEV
SPDR Russell 1000 Low Volatility Focus ETF
1.72%1.79%1.80%1.44%1.87%2.07%2.14%6.91%2.02%0.08%

Drawdowns

ONEY vs. ONEV - Drawdown Comparison

The maximum ONEY drawdown since its inception was -46.80%, which is greater than ONEV's maximum drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for ONEY and ONEV. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.76%
-2.45%
ONEY
ONEV

Volatility

ONEY vs. ONEV - Volatility Comparison

SPDR Russell 1000 Yield Focus ETF (ONEY) and SPDR Russell 1000 Low Volatility Focus ETF (ONEV) have volatilities of 2.69% and 2.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%5.50%JuneJulyAugustSeptemberOctoberNovember
2.69%
2.61%
ONEY
ONEV