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FMCX vs ONEO

FM Focus Equity ETF vs State Street SPDR Russell 1000 Momentum Focus ETF

FMCX

FM Focus Equity ETF

First Manhattan Co.

Annual cost

0.71%

Fund size

$115M

ONEO

State Street SPDR Russell 1000 Momentum Focus ETF

State Street Investment Management

Annual cost

0.20%

Fund size

$27M

Key differences

  • ONEO costs 0.51% less per year.
  • FMCX is significantly larger than ONEO — larger funds tend to be more liquid and less likely to close.
  • FMCX follows a active selection strategy; ONEO uses index tracking.
  • Over the last 3 years, ONEO has delivered higher annualized returns.
  • ONEO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMCXONEO
Annual cost (TER)0.71%0.20%
Fund size (AUM)$115M$27M
Since20222015
Dividend yield0.34%1.22%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+18.7%+25.1%
CAGR 3Y+17.2%+18.5%
CAGR 5YN/A+9.9%
Sharpe 3Y0.950.97
Volatility 1Y12.96%12.91%
Max drawdown-17.70%-40.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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