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FEXvsONEOETF Comparison

ETF 1
FEX

First Trust Large Cap Core AlphaDEX Fund ETF

This fund is part of
US Multi-Factor
-1.31%
VS
ETF 2
ONEO

State Street SPDR Russell 1000 Momentum Focus ETF

This fund is part of
US Multi-Factor
-1.31%

First Trust Large Cap Core AlphaDEX Fund ETF (FEX) and State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) belong to the same industry segment: US Multi-Factor. FEX's top 3 sector exposures are Industrials, Information Technology and Financials. In contrast, ONEO's top sector exposures are Information Technology, Industrials and Consumer Discretionary. FEX is more expensive with a Total Expense Ratio (TER) of 0.57%, versus 0.2% for ONEO. FEX is up 12.01% year-to-date (YTD) with -$5M in YTD flows. ONEO performs better with 14.26% YTD performance, and -$26M in YTD flows. Run a side-by-side ETF comparison of FEX and ONEO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FEX vs ONEO performance and flow charts

Performance

-2.0-1.00.01.02.03.04.0%May 11May 18May 25Jun 1Jun 8

Cumulative Flows

01,000,0002,000,0003,000,0004,000,0005,000,0006,000,0007,000,000May 11May 18May 25Jun 1Jun 8

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 06/10/2026
1M3MYTD1Y3Y5Y
Perf.
FEX
ONEO
+0.32%+0.88%
+7.63%+9.06%
+12.01%+14.26%
+24.72%+23.14%
+68.26%+61.94%
+64.57%+60.11%
Flows
FEX
ONEO
+$7M-
+$13M-
-$5M-$26M
-$44M-$74M
-$141M-$169M
-$210M-$324M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FEX
ONEO
+14.94%+15.33%
+12.81%+13.14%
+14.86%+15.22%
+16.90%+17.38%
Max drawdown
FEX
ONEO
-3.24%-3.68%
-6.27%-7.42%
-19.51%-19.59%
-21.53%-22.42%
Max drawdown duration
FEX
ONEO
6d23d
47d48d
232d260d
757d757d
Trading data

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FEX
ONEO
Last sale
6/11/2026 at 6:09 PM
$135.19
$147.50
Previous close
06/10/2026
$132.69
$149.71
Consolidated volume
06/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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FEX
ONEO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/11/2026 at 6:09 PM
Live
Closed
FEX
ONEO
Last price
$135.19
$147.50
1D performance
+1.89%
-1.47%
AuM$1.53 B$27.98 M
E/R0.57%0.2%
Characteristics
FEX
ONEO
Management strategyPassivePassive
ProviderFirst TrustState Street Investment Management
BenchmarkNASDAQ AlphaDEX Large Cap Core IndexRussell 1000 Momentum Focused Factor Index
N° of holdings345837
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMay 8, 2007December 2, 2015
ESGNoNo
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Exposure

Countries

FEX
USA
91.09%
Other
8.91%
ONEO
USA
91.88%
Other
8.12%

Sectors

FEX
Industrials
16.49%
Information Techn.
14.98%
Financials
14.09%
Health Care
8.34%
Consumer Discreti.
8.25%
Utilities
7.39%
Other
30.45%
ONEO
Information Techn.
19.02%
Industrials
16.99%
Consumer Discreti.
11.7%
Health Care
9.02%
Financials
9.02%
Other
34.26%
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Diversification

FEX

Total weight of top 15 holdings out of 15

8.23%
ONEO

Total weight of top 15 holdings out of 15

11.04%

Top 15 holdings

Data as of April 30, 2026
FEX
BLOOM ENERGY CORP
0.70%
MICRON TECHNOLOGY
0.62%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.62%
WESTERN DIGITAL
0.60%
TERADYNE
0.54%
ADVANCED MICRO DEVICES
0.53%
DELL TECHNOLOGIES INC
0.52%
US36828A1016
0.52%
COMFORT SYSTEMS USA
0.52%
ELEVANCE HEALTH INC
0.52%
MARVELL TECHNOLOGY
0.52%
CIENA
0.51%
VERTIV HOLDINGS
0.51%
API GROUP CORP
0.50%
US86800U3023
0.50%
ONEO
WESTERN DIGITAL
1.72%
MONOLITHIC POWER SYSTEMS
0.97%
FLEX LTD
0.88%
MICRON TECHNOLOGY
0.76%
JABIL CIRCUIT
0.75%
MCKESSON
0.70%
TECHNIPFMC PLC
0.65%
US74743L1008
0.63%
MARATHON PETROLEUM
0.61%
TERADYNE
0.60%
US5128073062
0.59%
DOLLAR GENERAL
0.56%
KLA CORPORATION
0.56%
VALERO ENERGY
0.54%
APPLIED MATERIAL
0.52%
Frequently asked questions about FEX and ONEO

How have the FEX and ONEO ETFs performed in 2026?

As of June 10, 2026, FEX is up 12.01% year-to-date (YTD), while ONEO has returned 14.26%. That puts ONEO better performer ahead so far this year.

Which ETF is attracting more investor money: FEX or ONEO?

Year-to-date, the FEX ETF saw -$5M in flows, compared to -$26M for ONEO.

Which ETF is more volatile: FEX or ONEO?

Over the past year, FEX had a volatility of 12.81%, while ONEO experienced 13.14%.

Which ETF is bigger: FEX or ONEO?

As of June 10, 2026, FEX holds $1.53 B in assets under management (AUM), while ONEO manages $27.98 M.

What sectors do the FEX and ONEO ETFs invest in?

FEX leans toward sectors like Industrials, Information Technology and Financials. Meanwhile, ONEO focuses on Information Technology, Industrials and Consumer Discretionary.

What are the top holdings of the FEX ETF and ONEO ETF?

FEX top holdings include BLOOM ENERGY CORP, MICRON TECHNOLOGY and SEAGATE TECHNOLOGY HOLDINGS PLC. ONEO holds in its top three: WESTERN DIGITAL, MONOLITHIC POWER SYSTEMS and FLEX LTD.

Which ETF is more diversified: FEX or ONEO?

FEX holds 359 securities with 8.23% of its assets in the top 15. ONEO has 899 securities and a top 15 weight of 11.04%.

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