ONEY vs. VIG

Last updated Jul 31, 2026

ONEY (SPDR Russell 1000 Yield Focus ETF) and VIG (Vanguard Dividend Appreciation ETF) are both exchange-traded funds - ONEY is a Mid Cap Value Equities fund tracking the Russell 1000 Yield Focused Factor Index, while VIG is a Dividend fund tracking the S&P U.S. Dividend Growers Index. Both are passively managed. Over the past 10 years, ONEY returned 11.90%/yr vs 13.04%/yr for VIG. Their 0.72 correlation means they have sometimes moved together and sometimes differently. ONEY charges 0.20%/yr vs 0.04%/yr for VIG.

Performance

ONEY vs. VIG - Performance Comparison

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

Returns By Period

In the year-to-date period, ONEY achieves a 18.71% return, which is significantly higher than VIG's 10.12% return. Over the past 10 years, ONEY has underperformed VIG with an annualized return of 11.90%, while VIG has yielded a comparatively higher 13.04% annualized return.

ONEY

• 1D: -1.35%
• 1M: 3.71%
• 6M: 12.72%
• YTD: 18.71%
• 1Y: 23.89%
• 3Y*: 13.29%
• 5Y*: 10.34%
• 10Y*: 11.90%
• ALL TIME*: 12.33%

VIG

• 1D: 0.63%
• 1M: 1.45%
• 6M: 7.90%
• YTD: 10.12%
• 1Y: 17.48%
• 3Y*: 15.06%
• 5Y*: 10.51%
• 10Y*: 13.04%
• ALL TIME*: 10.25%

*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)
ONEY SPDR Russell 1000 Yield Focus ETF	$6.57M	$5.38M	$5.21M
VIG Vanguard Dividend Appreciation ETF	$268.04M	$245.49M	$259.44M

ONEY vs. VIG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ONEY SPDR Russell 1000 Yield Focus ETF	18.71%	7.74%	11.63%	11.12%	-3.60%	37.11%	2.17%	27.45%	-8.71%	15.46%
VIG Vanguard Dividend Appreciation ETF	10.12%	14.17%	16.99%	14.51%	-9.80%	23.76%	15.43%	29.62%	-2.08%	22.22%

Correlation

The correlation between ONEY and VIG is 0.69, 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.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (10Y) Provides a long-term view across more market conditions.	0.74
Correlation (All Time) Calculated using the full available price history since Dec 3, 2015	0.72

The correlation between ONEY and VIG shifts across timeframes, from 0.69 (1 year) to 0.83 (5 years), reflecting how their relationship changes across market environments.

ONEY vs. VIG - Sectors Allocation Comparison

Sectors	ONEY	VIG
Financial Services	17.8%	20.3%
Consumer Defensive	11.5%	9.2%
Real Estate	11.3%	-
Consumer Cyclical	11.0%	4.5%
Utilities	10.6%	3.0%
Industrials	9.9%	11.9%
Energy	7.9%	3.0%
Technology	6.6%	26.9%
Healthcare	5.0%	17.8%
Basic Materials	4.5%	3.4%
Communication Services	3.4%	0.5%

Return for Risk

ONEY vs. VIG — Risk / Return Rank

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

ONEY

ONEY Risk / Return Rank: 85
ONEY Sharpe Ratio Rank: 85
ONEY Sortino Ratio Rank: 88
ONEY Omega Ratio Rank: 82
ONEY Calmar Ratio Rank: 85
ONEY Martin Ratio Rank: 86

VIG

VIG Risk / Return Rank: 76
VIG Sharpe Ratio Rank: 79
VIG Sortino Ratio Rank: 80
VIG Omega Ratio Rank: 77
VIG Calmar Ratio Rank: 67
VIG Martin Ratio Rank: 76

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. VIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Russell 1000 Yield Focus ETF (ONEY) and Vanguard Dividend Appreciation ETF (VIG). 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	VIG	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.73	+0.19
Sortino ratio: Return per unit of downside risk	2.89	2.50	+0.39
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.03
Calmar ratio: Return relative to maximum drawdown	3.15	2.22	+0.93
Martin ratio: Return relative to average drawdown	11.73	9.03	+2.70

ONEY vs. VIG - Sharpe Ratio Comparison

The current ONEY Sharpe Ratio is 1.92, which is comparable to the VIG Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of ONEY and VIG, 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. VIG - Drawdown Comparison

The maximum ONEY drawdown since its inception was -46.80%, roughly equal to the maximum VIG drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for ONEY and VIG.

Drawdown Indicators

	ONEY	VIG	Difference
Max Drawdown Largest peak-to-trough decline	-46.80%	-46.81%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-7.61%	-7.91%	+0.30%
Max Drawdown (3Y) Largest decline over 3 years	-17.50%	-14.95%	-2.55%
Max Drawdown (5Y) Largest decline over 5 years	-18.93%	-20.39%	+1.46%
Max Drawdown (10Y) Largest decline over 10 years	-46.80%	-31.72%	-15.08%
Current Drawdown Current decline from peak	-1.52%	-0.69%	-0.83%
Average Drawdown Average peak-to-trough decline	-4.93%	-5.48%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	1.95%	+0.10%

Volatility

ONEY vs. VIG - Volatility Comparison

SPDR Russell 1000 Yield Focus ETF (ONEY) has a higher volatility of 4.40% compared to Vanguard Dividend Appreciation ETF (VIG) at 2.66%. This indicates that ONEY's price experiences larger fluctuations and is considered to be riskier than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ONEY	VIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	2.66%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	8.86%	7.60%	+1.26%
Volatility (1Y) Calculated over the trailing 1-year period	12.52%	10.14%	+2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.06%	14.21%	+1.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.81%	16.02%	+3.79%

ONEY vs. VIG - Expense Ratio Comparison

ONEY has a 0.20% expense ratio, which is higher than VIG's 0.04% expense ratio. However, 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. VIG - Dividend Comparison

ONEY's dividend yield for the trailing twelve months is around 2.77%, more than VIG's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ONEY SPDR Russell 1000 Yield Focus ETF	2.77%	3.15%	3.18%	3.14%	3.17%	2.46%	2.74%	3.17%	3.72%	10.73%	6.31%	0.29%
VIG Vanguard Dividend Appreciation ETF	1.49%	1.62%	1.73%	1.88%	1.96%	1.55%	1.63%	1.71%	2.08%	1.88%	2.14%	2.34%

Frequently Asked Questions

Can I hold both ONEY and VIG in my portfolio?

ONEY and VIG have a correlation of 0.69, 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 VIG?

ONEY has higher volatility (4.40%) compared to VIG (2.66%). In terms of maximum drawdown, ONEY dropped -46.80% vs VIG's -46.81%.

Which ETF is better, ONEY or VIG?

On 10-year performance, VIG leads with 13.04% vs 11.90% for ONEY. On fees, VIG is cheaper at 0.04% per year. On volatility, VIG has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ONEY or VIG?

Over the 10-year period, VIG has performed better with a 13.04% return vs 11.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ONEY or VIG?

VIG is cheaper with a 0.04% expense ratio, compared with 0.20% for ONEY.

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

ONEY has the higher dividend yield at 2.77%, compared with 1.49% for VIG.

What is the main difference between ONEY and VIG?

ONEY is categorized as Mid Cap Value Equities, while VIG is Dividend. ONEY tracks Russell 1000 Yield Focused Factor Index, while VIG tracks S&P U.S. Dividend Growers Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.20% for ONEY and 0.04% for VIG.

Which has better risk-adjusted returns?

ONEY currently has the higher Sharpe Ratio (1.92 vs 1.73), 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.