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ONEV vs SPLV

State Street SPDR Russell 1000 Low Volatility Focus ETF vs Invesco S&P 500 Low Volatility ETF

ONEV

State Street SPDR Russell 1000 Low Volatility Focus ETF

State Street Investment Management

Annual cost

0.20%

Fund size

$501M

SPLV

Invesco S&P 500 Low Volatility ETF

Invesco

Annual cost

0.25%

Fund size

$7.2B

Key differences

  • SPLV is significantly larger than ONEV — larger funds tend to be more liquid and less likely to close.
  • ONEV is classified as alternative, while SPLV is equity — different risk/return profiles.
  • ONEV follows a multi strategy strategy; SPLV uses index tracking.
  • Over the last 3 years, ONEV has delivered higher annualized returns.

Side-by-side comparison

ONEVSPLV
Annual cost (TER)0.20%0.25%
Fund size (AUM)$501M$7.2B
Since20152011
Dividend yield1.78%2.11%
Asset classalternativeequity
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+12.5%+4.0%
CAGR 3Y+12.6%+8.2%
CAGR 5Y+7.8%+6.1%
Sharpe 3Y0.730.45
Volatility 1Y11.35%9.72%
Max drawdown-39.72%-36.26%

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

Similar to ONEV and SPLV