XCLR vs. ONEH

Last updated Jun 4, 2026

XCLR (Global X S&P 500 Collar 95-110 ETF) and ONEH (TrueShares Equity Hedge ETF) are both Equity Hedged funds. XCLR is passively managed, while ONEH is actively managed. At a 0.11 correlation, their price movements are largely independent. XCLR charges 0.25%/yr vs 0.79%/yr for ONEH.

Performance

XCLR vs. ONEH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Collar 95-110 ETF (XCLR) and TrueShares Equity Hedge ETF (ONEH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XCLR

• 1D: -0.05%
• 1M: 2.04%
• YTD: 2.37%
• 6M: 2.16%
• 1Y: 13.37%
• 3Y*: 13.42%
• 5Y*: —
• 10Y*: —

ONEH

• 1D: -0.08%
• 1M: -0.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XCLR vs. ONEH - Yearly Performance Comparison

	2026 (YTD)
XCLR Global X S&P 500 Collar 95-110 ETF	1.05%
ONEH TrueShares Equity Hedge ETF	-2.18%

Correlation

The correlation between XCLR and ONEH is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 30, 2026	0.11

Return for Risk

XCLR vs. ONEH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XCLR

XCLR Risk / Return Rank: 41
XCLR Sharpe Ratio Rank: 44
XCLR Sortino Ratio Rank: 43
XCLR Omega Ratio Rank: 45
XCLR Calmar Ratio Rank: 32
XCLR Martin Ratio Rank: 41

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.

XCLR vs. ONEH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Collar 95-110 ETF (XCLR) and TrueShares Equity Hedge ETF (ONEH). 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.

	XCLR	ONEH	Difference
Sharpe ratio: Return per unit of total volatility	1.57	—	—
Sortino ratio: Return per unit of downside risk	2.17	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	1.62	—	—
Martin ratio: Return relative to average drawdown	6.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XCLR	ONEH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	-1.35	+2.08

Drawdowns

XCLR vs. ONEH - Drawdown Comparison

The maximum XCLR drawdown since its inception was -14.63%, which is greater than ONEH's maximum drawdown of -3.55%. Use the drawdown chart below to compare losses from any high point for XCLR and ONEH.

Drawdown Indicators

	XCLR	ONEH	Difference
Max Drawdown Largest peak-to-trough decline	-14.63%	-3.55%	-11.08%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.46%	—	—
Current Drawdown Current decline from peak	-0.05%	-2.18%	+2.13%
Average Drawdown Average peak-to-trough decline	-4.71%	-1.58%	-3.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	—	—

Volatility

Volatility by Period

	XCLR	ONEH	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.58%	4.66%	+3.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.44%	4.66%	+5.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.44%	4.66%	+5.78%

XCLR vs. ONEH - Expense Ratio Comparison

XCLR has a 0.25% expense ratio, which is lower than ONEH's 0.79% expense ratio.

Dividends

XCLR vs. ONEH - Dividend Comparison

XCLR's dividend yield for the trailing twelve months is around 12.85%, while ONEH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
ONEH TrueShares Equity Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XCLR Global X S&P 500 Collar 95-110 ETF	12.85%	13.15%	18.76%	1.40%	1.01%	1.70%

Frequently Asked Questions

Can I hold both XCLR and ONEH in my portfolio?

XCLR and ONEH have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XCLR or ONEH?

On fees, XCLR is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XCLR or ONEH?

XCLR is cheaper with a 0.25% expense ratio, compared with 0.79% for ONEH.

Which ETF pays a higher dividend yield, XCLR or ONEH?

XCLR has the higher dividend yield at 12.85%, compared with 0.00% for ONEH.

What is the main difference between XCLR and ONEH?

They also come from different issuers: Global X and TrueShares. Their fees differ too: 0.25% for XCLR and 0.79% for ONEH.