IMCV vs ONEO: Grades, Fees and Holdings Compared

iShares Morningstar Mid-Cap Value ETF

IMCVANasdaq

State Street SPDR Russell 1000 Momentum Focus ETF

ONEOANYSE Arca

Overlap

35.5%by weight

Expense ratio

IMCV −0.14pt a year

IMCV0.06%ONEO0.20%

Avg volume · 30D

IMCV 89.0×the volume

IMCV38.9KONEO437

10Y return · a year

ONEO +0.9pt

IMCV+11.1%ONEO+12.0%

IMCV vs ONEO Performance

Oct 29, 2021 – Oct 30, 2026

+68.3%IMCV+60.1%ONEO

Expense ratio: IMCV 0.06%, better; ONEO 0.20%
Fund size: IMCV $1.27B; ONEO $31M
1Y total return: IMCV +27.0%, better; ONEO +22.5%
Yield (12M): IMCV 1.84%, better; ONEO 1.23%
Holdings: IMCV 271; ONEO 934
Avg volume (30D): IMCV 38.9K sh, better; ONEO 437 sh
NAV per share: IMCV $99.16; ONEO $155.51
52W range

ETF.net Grade

Pillar letters and Scores for IMCV, ONEO, with each pillar’s weight
Pillar	IMCV	ONEO
Cost30% weight	A96Higher	A71
Mission25% weight	A76	A100Higher
Risk15% weight	A77Higher	B57
Tradability15% weight	B69Higher	D37
Holdings10% weight	B69	A83Higher
Durability5% weight	A77Higher	B58

Rank among US Multifactor funds

How we build Categories ›

Same Category. IMCV and ONEO are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds

See all 99 ›

IMCV ranks 4th and ONEO 18th of 99 funds in the US Multifactor Category.

Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
Rank 2AILCViShares Morningstar Value ETFScore 81
Rank 2AVYMVanguard High Dividend Yield ETFScore 81
Rank 4AIMCViShares Morningstar Mid-Cap Value ETFScore 80
Rank 5ADCORU.S. Core Equity 1 Portfolio ETF Class SharesScore 79
Rank 18AJHMLJohn Hancock Multifactor Large Cap ETFScore 71
Rank 18AONEOState Street SPDR Russell 1000 Momentum Focus ETFScore 71
Rank 18ATILTNorthern Trust Morningstar US Market Factor Tilt ETFScore 71

Our read on each fund

ETF.net Research

IMCVAiShares Morningstar Mid-Cap Value ETF

ONEOAState Street SPDR Russell 1000 Momentum Focus ETF

In short

IMCV No data

ONEO Momentum with a chaperone. ONEO's index chases the market's winners but runs them through quality and value screens first, then spreads the bet across roughly 900 large caps instead of a narrow hot-stock slice.

Stated mandate

IMCV No data

ONEO The fund seeks to track, before fees and expenses, the total return of the Russell 1000 Momentum Focused Factor Index.

Why people hold it

IMCV No data

ONEO Momentum doesn't ride alone here: the index screens for quality and value alongside it, tempering the usual factor habit of crowding into whatever just ran.ssga.com
0.20% a year, below the typical US multifactor fund and under Schwab's FNDX at 0.25%. Cheap shelf space for a rules-based tilt.
Roughly 900 stocks, close to full Russell 1000 breadth, so no single name steers the fund. Live since 2015, so it carries a real multi-cycle record, not a backtest.
Portfolio holds US large caps and pays out quarterly, with State Street as the sponsor behind it.

Worth knowing

IMCV No data

ONEO Small and thinly traded. Spreads and market impact can matter more to your all-in cost than the 0.20% fee, especially on chunky orders.
Blending three factors across roughly 900 names dilutes each tilt. A concentrated pure-momentum fund will look and move very differently.
Sits in a crowded multifactor aisle where the top-ranked options include cheaper plain-vanilla builds like VONV at 0.06% and IUSG at 0.04%.

Full IMCV profile⁠

Full ONEO profile⁠

IMCV vs ONEO Holdings

How IMCV and ONEO differ

Overlap by weight

35.5%

Shared holdings make up 96.6% of IMCV and 41.3% of ONEO.

Level by level

Holdings257 in both35.5%
Sector11 Sectors79.4%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in IMCV and ONEO, widest gap first
Sector	More in IMCVMore in ONEO	IMCV	ONEO
Technology	ONEO +8.4 points	6.5%	14.9%
Financials	IMCV +8.3 points	18.5%	10.2%
Consumer Discretionary	ONEO +7.8 points	6.9%	14.7%
Energy	IMCV +5.2 points	13.4%	8.2%
Industrials	ONEO +4.1 points	14.2%	18.3%
Utilities	IMCV +3.0 points	9.0%	6.0%
Consumer Staples	IMCV +2.5 points	8.7%	6.2%
Real Estate	IMCV +1.1 points	4.6%	3.5%
Health Care	IMCV +0.3 points	12.2%	11.9%
Communication	ONEO +0.3 points	1.1%	1.4%
Materials	IMCV +0.1 points	5.0%	4.9%

Country, concentration and asset class

Country by domicile

Country weights in IMCV and ONEO, widest gap first
Country	More in IMCVMore in ONEO	IMCV	ONEO
United States	ONEO +0.3 points	98.7%	99.0%
United Kingdom	IMCV +0.4 points	0.5%	0.1%
China	IMCV +0.3 points	0.3%	0.0%
Switzerland	ONEO +0.1 points	0.2%	0.3%
Ireland	IMCV +0.1 points	0.3%	0.2%
Canada	ONEO +0.1 points	0.0%	0.1%
Brazil	ONEO +0.1 points	0.0%	0.1%
Mexico	ONEO +0.1 points	0.0%	0.1%
Other countries (3)	ONEO +0.1 points	0.0%	0.1%

Concentration

Weight in the 10 largest Holdings

IMCV13.2%
ONEO5.8%

Securities held

IMCV268
ONEO932

Asset class

IMCV: Equity
ONEO: Equity

Holdings

Only in IMCV11
In both257
Only in ONEO675

Only in IMCV

11 securities, 3.2% of IMCV by weight

Moderna1.08%
Strategy Inc Class A0.65%
Te Connectivity PLC0.31%
Amcor PLC0.30%
Revolution Medicines0.30%
Nxp Semiconductors NV0.27%
International Paper0.15%
Coreweave Class A0.10%
Rivian Automotive Class A0.07%
Liberty Media Series A<0.01%
Hologic Inc0.00%

Only in ONEO

675 securities, 58.5% of ONEO by weight

Anglogold Ashanti PLC0.70%
Mckesson Corp0.57%
Newmont Corp0.52%
Apa Corp0.52%
Skyworks Solutions Inc0.47%
Everpure Inc A0.44%
Conocophillips0.43%
Twilio Inc A0.42%
Cvs Health Corp0.39%
Mueller Industries Inc0.34%
Coca Cola Consolidated Inc0.34%
Exelixis Inc0.33%
Hca Healthcare Inc0.32%
Best Buy Co Inc0.32%
Fedex Corp0.32%
Cboe Global Markets Inc0.31%
Altria Group Inc0.31%
Halozyme Therapeutics Inc0.31%
Emcor Group Inc0.30%
Hf Sinclair Corp0.30%
Borgwarner Inc0.30%
Ryder System Inc0.30%
Affiliated Managers Group0.29%
Five Below0.29%
Match Group Inc0.29%
Renaissancere Holdings Ltd0.28%
Credo Technology Group Holdi0.28%
Verisign Inc0.27%
Hunt (Jb) Transprt Svcs Inc0.27%
Host Hotels & Resorts Inc0.27%
Bristol Myers Squibb Co0.27%
Huntington Ingalls Industrie0.27%
Evercore Inc A0.27%
Progressive Corp0.26%
Mongodb Inc0.26%
Jones Lang Lasalle Inc0.26%
Medpace Holdings Inc0.26%
Teradyne Inc0.26%
Maplebear Inc0.26%
Apple Inc0.25%
Chord Energy Corp0.25%
C.h. Robinson Worldwide Inc0.25%
Ralph Lauren Corp0.25%
Monolithic Power Systems Inc0.24%
Toro Co0.23%
Bj’s Wholesale Club Holdings0.23%
West Pharmaceutical Services0.22%
General Dynamics Corp0.22%
Aes Corp0.22%
Sanmina Corp0.22%

Weight gaps

The 100 widest of 257 Holdings in both funds.

Holding weights in IMCV and ONEO, widest gap first
Holding	More in IMCVMore in ONEO	IMCV	ONEO
Automatic Data Processing IncADP	IMCV +1.52 points	1.60%	0.08%
Phillips 66PSX	IMCV +1.43 points	1.54%	0.11%
Valero Energy CorpVLO	IMCV +1.21 points	1.57%	0.36%
Us BancorpUSB	IMCV +1.20 points	1.27%	0.07%
Pnc Financial Services GroupPNC	IMCV +1.19 points	1.24%	0.05%
3MMMM	IMCV +1.14 points	1.23%	0.09%
Mondelez International Class AMDLZ	IMCV +1.05 points	1.14%	0.09%
SlbSLB	IMCV +0.98 points	1.09%	0.11%
Hewlett Packard EnterpriseHPE	IMCV +0.95 points	1.00%	0.05%
United Parcel Service Inc Class BUPS	IMCV +0.95 points	1.11%	0.16%
Elevance Health IncELV	IMCV +0.87 points	1.20%	0.33%
Kinder MorganKMI	IMCV +0.83 points	0.91%	0.08%
Eog ResourcesEOG	IMCV +0.82 points	1.19%	0.37%
Travelers CompaniesTRV	IMCV +0.79 points	1.13%	0.34%
Truist FinancialTFC	IMCV +0.76 points	0.82%	0.06%
Cheniere EnergyLNG	IMCV +0.73 points	0.93%	0.20%
CignaCI	IMCV +0.74 points	1.04%	0.30%
Marathon PetroleumMPC	IMCV +0.71 points	0.88%	0.17%
MarshMRSH	IMCV +0.71 points	0.82%	0.11%
Target CorpTGT	IMCV +0.69 points	0.96%	0.27%
General MotorsGM	IMCV +0.68 points	1.05%	0.37%
Regeneron PharmaceuticalsREGN	IMCV +0.68 points	1.25%	0.57%
AflacAFL	IMCV +0.68 points	0.76%	0.08%
MetlifeMET	IMCV +0.68 points	0.73%	0.05%
SempraSRE	IMCV +0.67 points	0.77%	0.10%
WilliamsWMB	IMCV +0.66 points	0.72%	0.06%
Dominion EnergyD	IMCV +0.62 points	0.77%	0.15%
Paccar IncPCAR	IMCV +0.62 points	0.69%	0.07%
OneokOKE	IMCV +0.59 points	0.83%	0.24%
Keurig Dr Pepper IncKDP	IMCV +0.58 points	0.66%	0.08%
Nike Class BNKE	IMCV +0.56 points	0.62%	0.06%
Xcel Energy IncXEL	IMCV +0.56 points	0.68%	0.12%
Becton DickinsonBDX	IMCV +0.54 points	0.74%	0.20%
Colgate-PalmoliveCL	IMCV +0.54 points	0.69%	0.15%
Northrop Grumman CorpNOC	IMCV +0.52 points	0.64%	0.12%
Occidental Petroleum CorpOXY	IMCV +0.51 points	0.64%	0.13%
Ford Motor CoF	IMCV +0.51 points	0.66%	0.15%
PayPal HoldingsPYPL	IMCV +0.50 points	0.67%	0.17%
American International GroupAIG	IMCV +0.50 points	0.56%	0.06%
Prudential Financial IncPRU	IMCV +0.49 points	0.55%	0.06%
Air Products and ChemicalsAPD	IMCV +0.48 points	0.52%	0.04%
Exelon CorpEXC	IMCV +0.47 points	0.65%	0.18%
PaychexPAYX	IMCV +0.46 points	0.49%	0.03%
Realty Income ReitO	IMCV +0.45 points	0.48%	0.03%
Bank of New York Mellon CorpBNY	IMCV +0.45 points	0.52%	0.07%
Norfolk Southern CorpNSC	IMCV +0.46 points	0.59%	0.13%
Kimberly ClarkKMB	IMCV +0.44 points	0.49%	0.05%
Workday Class AWDAY	IMCV +0.42 points	0.53%	0.11%
Crown Castle IncCCI	IMCV +0.42 points	0.52%	0.10%
Iqvia Holdings IncIQV	IMCV +0.42 points	0.60%	0.18%
Huntington Bancshares IncHBAN	IMCV +0.39 points	0.42%	0.03%
KenvueKVUE	IMCV +0.39 points	0.46%	0.07%
Consolidated EdisonED	IMCV +0.38 points	0.59%	0.20%
Emerson ElectricEMR	IMCV +0.38 points	0.49%	0.11%
M&T BankMTB	IMCV +0.38 points	0.44%	0.06%
United TherapeuticsUTHR	ONEO +0.38 points	0.13%	0.51%
Illinois Tool IncITW	IMCV +0.38 points	0.52%	0.14%
American Electric Power IncAEP	IMCV +0.37 points	0.56%	0.19%
Roper TechnologiesROP	IMCV +0.37 points	0.41%	0.04%
Crh Public Limited PLCCRH	IMCV +0.37 points	0.53%	0.16%
SyscoSYY	IMCV +0.36 points	0.54%	0.18%
Ge Healthcare TechnologiesGEHC	IMCV +0.37 points	0.48%	0.11%
Arthur J GallagherAJG	IMCV +0.36 points	0.38%	0.02%
Expedia GroupEXPE	ONEO +0.36 points	0.20%	0.56%
Fiserv IncFISV	IMCV +0.34 points	0.36%	0.02%
Fifth Third BancorpFITB	IMCV +0.34 points	0.40%	0.06%
Public Storage ReitPSA	IMCV +0.33 points	0.47%	0.14%
Diamondback EnergyFANG	IMCV +0.33 points	0.53%	0.20%
Technipfmc PLCFTI	ONEO +0.31 points	0.12%	0.43%
Targa ResourcesTRGP	IMCV +0.31 points	0.48%	0.17%
Sherwin WilliamsSHW	IMCV +0.31 points	0.37%	0.06%
DowDOW	IMCV +0.31 points	0.34%	0.03%
Digital Realty Trust ReitDLR	IMCV +0.30 points	0.33%	0.03%
CsxCSX	IMCV +0.30 points	0.43%	0.13%
International Flavors & FragrancesIFF	IMCV +0.29 points	0.33%	0.04%
Omnicom Group IncOMC	IMCV +0.29 points	0.31%	0.02%
Devon EnergyDVN	IMCV +0.28 points	0.78%	0.50%
OvintivOVV	ONEO +0.28 points	0.27%	0.55%
Dell Technologies Inc Class CDELL	IMCV +0.27 points	0.48%	0.21%
Cardinal HealthCAH	IMCV +0.28 points	0.36%	0.08%
Ppg IndustriesPPG	IMCV +0.26 points	0.36%	0.10%
Permian Resources Class APR	ONEO +0.26 points	0.27%	0.53%
Principal Financial Group IncPFG	IMCV +0.26 points	0.33%	0.07%
Labcorp HoldingsLH	IMCV +0.26 points	0.41%	0.15%
Ameriprise Finance IncAMP	IMCV +0.26 points	0.34%	0.08%
Hartford Insurance GroupHIG	IMCV +0.26 points	0.50%	0.24%
Cf Industries Holdings IncCF	ONEO +0.25 points	0.26%	0.51%
Kraft HeinzKHC	IMCV +0.25 points	0.29%	0.04%
Vici Pptys IncVICI	IMCV +0.25 points	0.37%	0.12%
Regions FinancialRF	IMCV +0.25 points	0.32%	0.07%
Fidelity National Information ServFIS	IMCV +0.24 points	0.27%	0.03%
Brown & Brown IncBRO	IMCV +0.25 points	0.27%	0.02%
D R HortonDHI	IMCV +0.23 points	0.50%	0.27%
State StreetSTT	IMCV +0.24 points	0.36%	0.12%
Illumina IncILMN	ONEO +0.24 points	0.17%	0.41%
Extra Space Storage ReitEXR	IMCV +0.23 points	0.28%	0.05%
Incyte CorpINCY	ONEO +0.22 points	0.16%	0.38%
Carrier GlobalCARR	IMCV +0.22 points	0.26%	0.04%
Expeditors International of WashinEXPD	ONEO +0.22 points	0.17%	0.39%
Zoom Communications Class AZM	ONEO +0.22 points	0.31%	0.53%

All 268 IMCV holdings⁠All 931 ONEO holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCV vs ONEO Cost

Overpaying ONEO vs IMCV

$2,885

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IMCV 0.06%
$1,270
ONEO 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

IMCV 0.06%
ONEO 0.20%
Overpaying

Year by year

Year	IMCV	ONEO	Overpaying
10	$110	$365	$255
20	$432	$1,421	$989
30	$1,270	$4,155	$2,885

Expense ratio

0.06%IMCV, cheaper
0.20%ONEO

IMCV0.06%ONEO0.20%

0.04%1.01%

Middle half of US Multifactor funds
Median 0.29%

IMCV 4th cheapest of 99 funds

ONEO 30th cheapest of 99 funds

IMCV vs ONEO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IMCV 1.84%, better; ONEO 1.23%
Payout (12M): IMCV $1.83; ONEO $1.89
Last payment: IMCV $0.52; ONEO $0.49
Ex-dividend: IMCV Sep 15, 2026; ONEO Sep 21, 2026
Paid on: IMCV Sep 18, 2026; ONEO Sep 23, 2026
Frequency: IMCV Quarterly; ONEO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IMCVQuarterly · 39 paymentsAll IMCV payments⁠

ONEOQuarterly · 39 paymentsAll ONEO payments⁠

IMCV vs ONEO Risk

Fall from peak · 5 years

IMCV
ONEO

Risk facts

VolatilityStd dev, 3 years: IMCV 13.6%, betterONEO 13.7%
Return per unit of riskSharpe ratio, 3 years: IMCV 1.22, betterONEO 1.16
Worst fallMax drawdown, 5 years: IMCV −19.9%, betterONEO −22.4%
Market sensitivityBeta, 5 years: IMCV 0.88ONEO 0.94; Market = 1

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