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ONEOvsFEXETF Comparison

ETF 1
ONEO

State Street SPDR Russell 1000 Momentum Focus ETF

This fund is part of
US Multi-Factor
+0.05%
VS
ETF 2
FEX

First Trust Large Cap Core AlphaDEX Fund ETF

This fund is part of
US Multi-Factor
+0.05%

State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) and First Trust Large Cap Core AlphaDEX Fund ETF (FEX) belong to the same industry segment: US Multi-Factor. ONEO's top 3 sector exposures are Information Technology, Industrials and Consumer Discretionary. In contrast, FEX's top sector exposures are Industrials, Financials and Information Technology. ONEO is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.57% for FEX. ONEO is up 9.76% year-to-date (YTD) with -$26M in YTD flows. FEX performs worse with 8.46% YTD performance, and -$18M in YTD flows. Run a side-by-side ETF comparison of ONEO and FEX 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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ONEO vs FEX performance and flow charts

Performance

0246810%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

0 M1 M2 M3 M4 M5 M6 MMar 30Apr 7Apr 14Apr 21Apr 28

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Historic performance and flows
Data as of 04/29/2026
1M3MYTD1Y3Y5Y
Perf.
ONEO
FEX
+8.77%+7.41%
+4.34%+4.07%
+9.76%+8.46%
+26.11%+29.89%
+56.93%+65.58%
+54.28%+62.19%
Flows
ONEO
FEX
--$229K
-$1M-$139K
-$26M-$18M
-$74M-$68M
-$171M-$222M
-$298M-$219M
Volatility and drawdown
3M1Y3Y5Y
Volatility
ONEO
FEX
+15.25%+13.76%
+13.08%+12.59%
+15.25%+14.82%
+17.35%+16.87%
Max drawdown
ONEO
FEX
-7.42%-6.27%
-7.42%-6.27%
-19.59%-19.51%
-22.42%-21.53%
Max drawdown duration
ONEO
FEX
48d47d
48d47d
260d232d
757d757d
Trading data

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ONEO
FEX
Last sale
4/30/2026 at 1:30 PM
$143.80
$130.65
Previous close
04/29/2026
$141.46
$128.09
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 29, 2026
1-year trailing difference

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ONEO
FEX
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/30/2026 at 1:30 PM
Live
Closed
ONEO
FEX
Last price
$143.80
$130.65
1D performance
+1.66%
+2.00%
AuM$26.88 M$1.47 B
E/R0.2%0.57%
Characteristics
ONEO
FEX
Management strategyPassivePassive
ProviderState Street Investment ManagementFirst Trust
BenchmarkRussell 1000 Momentum Focused Factor IndexNASDAQ AlphaDEX Large Cap Core Index
N° of holdings840356
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateDecember 2, 2015May 8, 2007
ESGNoNo
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Exposure

Countries

ONEO
USA
91.79%
Other
8.21%
FEX
USA
94.23%
Other
5.77%

Sectors

ONEO
Information Techn.
16.91%
Industrials
16.76%
Consumer Discreti.
12.08%
Health Care
9.78%
Financials
9.14%
Other
35.34%
FEX
Industrials
14.93%
Financials
13.62%
Information Techn.
11.64%
Energy
10.19%
Health Care
9.73%
Utilities
9.34%
Other
30.55%

Diversification

ONEO

Total weight of top 15 holdings out of 15

9.64%
FEX

Total weight of top 15 holdings out of 15

9.27%

Top 15 holdings

Data as of March 31, 2026
ONEO
WESTERN DIGITAL
1.16%
MCKESSON
0.80%
MONOLITHIC POWER SYSTEMS
0.71%
FLEX LTD
0.68%
MARATHON PETROLEUM
0.65%
TECHNIPFMC PLC
0.65%
JABIL CIRCUIT
0.63%
DOLLAR GENERAL
0.62%
VALERO ENERGY
0.57%
US74743L1008
0.56%
TERADYNE
0.56%
MICRON TECHNOLOGY
0.54%
US5128073062
0.53%
KLA CORPORATION
0.51%
ALTRIA GROUP
0.49%
FEX
CF INDUSTRIES HOLDINGS
0.71%
VERTIV HOLDINGS
0.69%
COMFORT SYSTEMS USA
0.66%
MICHAEL STORES
0.66%
SEAGATE TECHNOLOGY HOLDINGS PLC
0.66%
OCCIDENTAL U
0.65%
DOW INC
0.60%
WESTERN DIGITAL
0.59%
US36828A1016
0.59%
CONOCOPHILLIPS
0.59%
EOG RESOURCES
0.58%
US19247G1076
0.58%
BAKER HUGHES
0.57%
EXXON
0.57%
DEVON ENERGY
0.57%
Frequently asked questions about ONEO and FEX

How have the ONEO and FEX ETFs performed in 2026?

As of April 29, 2026, ONEO is up 9.76% year-to-date (YTD), while FEX has returned 8.46%. That puts ONEO better performer ahead so far this year.

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

Year-to-date, the ONEO ETF saw -$26M in flows, compared to -$18M for FEX.

Which ETF is more volatile: ONEO or FEX?

Over the past year, ONEO had a volatility of 13.08%, while FEX experienced 12.59%.

Which ETF is bigger: ONEO or FEX?

As of April 29, 2026, ONEO holds $26.88 M in assets under management (AUM), while FEX manages $1.47 B.

What sectors do the ONEO and FEX ETFs invest in?

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

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

ONEO top holdings include WESTERN DIGITAL, MCKESSON and MONOLITHIC POWER SYSTEMS. FEX holds in its top three: CF INDUSTRIES HOLDINGS, VERTIV HOLDINGS and COMFORT SYSTEMS USA.

Which ETF is more diversified: ONEO or FEX?

ONEO holds 900 securities with 9.64% of its assets in the top 15. FEX has 374 securities and a top 15 weight of 9.27%.

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