LGLV vs ONEV: Grades, Fees and Holdings Compared

State Street SPDR US Large Cap Low Volatility Index ETF

LGLVANYSE Arca

State Street SPDR Russell 1000 Low Volatility Focus ETF

ONEVBNYSE Arca

Overlap

28.0%by weight

Expense ratio

LGLV −0.08pt a year

LGLV0.12%ONEV0.20%

Avg volume · 30D

LGLV 1.5×the volume

LGLV26.6KONEV17.5K

10Y return · a year

LGLV+11.9%ONEV+11.9%

LGLV vs ONEV Performance

Oct 29, 2021 – Oct 30, 2026

+45.7%LGLV+52.3%ONEV

Expense ratio: LGLV 0.12%, better; ONEV 0.20%
Fund size: LGLV $1.2B; ONEV $287M
1Y total return: LGLV +11.7%; ONEV +17.6%, better
Yield (12M): LGLV 2.06%, better; ONEV 1.85%
Holdings: LGLV 174; ONEV 450
Avg volume (30D): LGLV 26.6K sh, better; ONEV 17.5K sh
NAV per share: LGLV $187.96; ONEV $150.49
52W range

ETF.net Grade

Pillar letters and Scores for LGLV, ONEV, with each pillar’s weight
Pillar	LGLV	ONEV
Cost30% weight	A90Higher	C50
Mission25% weight	A93	A98Higher
Risk15% weight	C44	C51Higher
Tradability15% weight	A82Higher	B64
Holdings10% weight	C52	A76Higher
Durability5% weight	A74Higher	B62

Rank among US Low Volatility Index funds

How we build Categories ›

Same Category. LGLV and ONEV are both graded against the same 16 US Low Volatility Index funds, so their Grades compare head to head.

US Low Volatility Index⁠

Category · 16 funds

See all 16 ›

LGLV ranks 1st and ONEV 5th of 16 funds in the US Low Volatility Index Category.

Rank 1ALGLVState Street SPDR US Large Cap Low Volatility Index ETFScore 78
Rank 2AQLVNorthern Trust US Quality Low Volatility ETFScore 76
Rank 4BSMLVState Street SPDR US Small Cap Low Volatility Index ETFScore 68
Rank 5BONEVState Street SPDR Russell 1000 Low Volatility Focus ETFScore 67
Rank 6BFDLOFidelity Low Volatility Factor ETF Score 65

Our read on each fund

ETF.net Research

LGLVAState Street SPDR US Large Cap Low Volatility Index ETF

ONEVBState Street SPDR Russell 1000 Low Volatility Focus ETF

In short

LGLV Most low-vol funds run an optimizer. LGLV just ranks the biggest 1,000 US stocks by how calm they have been and gives the quietest ones the heaviest weights, for 0.12% a year.

ONEV Low volatility with a valuation check. ONEV tracks a Russell 1000 index that leans defensive but also screens for quality and value, so the calm names it holds still have to look reasonably priced.

Stated mandate

LGLV The fund is designed to provide exposure to U.S. large-capitalization equities selected through a low-volatility index strategy.

ONEV The fund seeks to track the total return of the Russell 1000 Low Volatility Focused Factor Index before fees and expenses.

Why people hold it

LGLV 0.12% a year, below the typical US low-vol fund (cohort median 0.20%) and under USMV's 0.15%.
The rules fit in one sentence: screen the largest 1,000 US stocks, weight the calmest heaviest, subject to liquidity limits. No black box.ssga.com
Running since 2013 and tracking its index tightly, it rates as one of the stronger builds in the US low-vol group.

ONEV Three factors, one ticker: the index blends low volatility with quality and value across roughly 400 large caps, so the defensive tilt carries a price and profitability screen too.ssga.com
Tracking has been tight. The fund has hugged its Russell 1000 Low Volatility Focused Factor Index closely, which is the entire job description for an index product.
Running since 2015, it ranks among the stronger builds in the US low-volatility group, and it pays distributions quarterly.

Worth knowing

LGLV Weighting by volatility alone means the sector mix can lean hard into whatever is quiet (often utilities and staples) and look nothing like the S&P 500.ssga.com
Trades lighter than the category's household names, so spreads can be wider. Limit orders matter more here.
Low volatility is not low risk: this is a fully invested stock fund and it can move very differently from the broad market.ssga.com

ONEV At 0.20% a year it costs more than simpler low-vol rivals such as LGLV (0.12%) and QLV (0.09%), so the multi-factor twist is not free.
It trades thinly next to the category's household names, so spreads can widen. That bites most on large or hurried orders.
Low volatility is a tilt, not a shield. This is a fully invested US large-cap stock portfolio and it moves with the market.

Full LGLV profile⁠

Full ONEV profile⁠

LGLV vs ONEV Holdings

How LGLV and ONEV differ

Overlap by weight

28.0%

Shared holdings make up 52.3% of LGLV and 28.5% of ONEV.

Level by level

Holdings102 in both28.0%
Sector11 Sectors79.7%
Countryby domicile97.9%
Asset classEquity100%

Sector

Sector weights in LGLV and ONEV, widest gap first
Sector	More in LGLVMore in ONEV	LGLV	ONEV
Real Estate	LGLV +8.8 points	16.0%	7.2%
Consumer Discretionary	ONEV +6.1 points	6.2%	12.3%
Financials	ONEV +5.9 points	11.5%	17.4%
Health Care	ONEV +3.9 points	7.9%	11.8%
Consumer Staples	ONEV +3.5 points	6.2%	9.7%
Communication	LGLV +3.1 points	3.9%	0.8%
Materials	LGLV +3.0 points	5.3%	2.3%
Utilities	LGLV +2.8 points	11.2%	8.4%
Industrials	LGLV +1.5 points	21.6%	20.1%
Energy	LGLV +1.2 points	3.5%	2.3%
Technology	ONEV +1.1 points	6.6%	7.7%

Country, concentration and asset class

Country by domicile

Country weights in LGLV and ONEV, widest gap first
Country	More in LGLVMore in ONEV	LGLV	ONEV
United States	ONEV +1.7 points	97.4%	99.1%
Switzerland	LGLV +0.7 points	0.9%	0.2%
United Kingdom	LGLV +0.7 points	0.7%	0.0%
Other countries (5)	LGLV +0.3 points	1.0%	0.7%

Concentration

Weight in the 10 largest Holdings

LGLV15.8%
ONEV9.8%

Securities held

LGLV172
ONEV448

Asset class

LGLV: Equity
ONEV: Equity

Holdings

Only in LGLV70
In both102
Only in ONEV346

Only in LGLV

70 securities, 47.7% of LGLV by weight

Welltower Inc4.37%
Realty Income Corp1.62%
Duke Energy Corp1.38%
Coca Cola Co/The1.23%
Southern Co/The1.18%
Cme Group Inc1.13%
Visa Inc Class A Shares1.10%
Johnson & Johnson1.06%
Berkshire Hathaway Inc Class B0.97%
Cisco Systems Inc0.97%
Pepsico Inc0.94%
Chubb Ltd0.92%
Mastercard Inc A0.91%
Procter & Gamble Co/The0.90%
Automatic Data Processing0.89%
Roper Technologies Inc0.88%
Aflac Inc0.85%
Linde PLC0.83%
Microsoft Corp0.79%
Ecolab Inc0.76%
McDonald’s Corp0.75%
Apple Inc0.75%
Kinder Morgan Inc0.75%
AbbVie Inc0.73%
Waste Management Inc0.70%
Walmart Inc0.69%
Amphenol Corp Class A0.69%
Amcor PLC0.66%
Abbott Laboratories0.64%
Danaher Corp0.63%
Cintas Corp0.63%
Williams Cos Inc0.63%
Exxonmobil Holdings Corp0.61%
Wabtec Corp0.61%
Motorola Solutions Inc0.60%
Union Pacific Corp0.60%
Liberty Media Corp C0.59%
Verizon Communications Inc0.59%
Tjx Companies Inc0.58%
Medtronic PLC0.58%
Csx Corp0.54%
O Reilly Automotive Inc0.52%
Stryker Corp0.52%
Rtx Corp0.52%
Lyondellbasell Indu Class A0.51%
Heico Corp0.50%
Costco Wholesale Corp0.49%
Transdigm Group Inc0.47%
Casey’s General Stores Inc0.47%
Omnicom Group0.46%

Only in ONEV

346 securities, 71.5% of ONEV by weight

Allstate Corp1.50%
Progressive Corp1.24%
Mckesson Corp1.17%
Arch Capital Group Ltd0.95%
The Cigna Group0.90%
Kroger Co0.84%
Cognizant Tech Solutions A0.83%
Cincinnati Financial Corp0.77%
Hartford Insurance Group Inc0.72%
Elevance Health Inc0.67%
Quest Diagnostics Inc0.66%
Simon Property Group Inc0.64%
T Rowe Price Group Inc0.63%
Regeneron Pharmaceuticals0.62%
Expeditors Intl Wash Inc0.58%
Archer Daniels Midland Co0.57%
Hca Healthcare Inc0.56%
Resmed Inc0.54%
Best Buy Co Inc0.52%
Pultegroup Inc0.51%
Netapp Inc0.51%
Leidos Holdings Inc0.50%
Dollar General Corp0.49%
Zoetis Inc0.49%
Eog Resources Inc0.48%
Us Foods Holding Corp0.47%
Expand Energy Corp0.47%
Aon PLC Class A0.46%
Sysco Corp0.45%
Incyte Corp0.45%
Skyworks Solutions Inc0.44%
Nvr Inc0.44%
Cboe Global Markets Inc0.44%
Cf Industries Holdings Inc0.43%
Gartner Inc0.41%
Reliance Inc0.41%
Steris PLC0.41%
Oneok Inc0.40%
Ptc Inc0.40%
Renaissancere Holdings Ltd0.40%
Godaddy Inc Class A0.39%
Bj’s Wholesale Club Holdings0.38%
Tyson Foods Inc Class A0.38%
Church & Dwight Co Inc0.38%
Edison International0.38%
Veralto Corp0.38%
Workday Inc Class A0.37%
Copart Inc0.37%
Verisk Analytics Inc0.37%
Encompass Health Corp0.36%

Weight gaps

The 100 widest of 102 Holdings in both funds.

Holding weights in LGLV and ONEV, widest gap first
Holding	More in LGLVMore in ONEV	LGLV	ONEV
Vivmark ResidentialVMRK	LGLV +0.90 points	1.44%	0.54%
Public Service Enterprise GpPEG	LGLV +0.82 points	1.11%	0.29%
Consolidated Edison IncED	LGLV +0.78 points	1.19%	0.41%
Republic Services IncRSG	LGLV +0.61 points	0.84%	0.23%
Ameren CorporationAEE	LGLV +0.60 points	0.93%	0.33%
Centerpoint Energy IncCNP	LGLV +0.60 points	0.84%	0.24%
Royalty Pharma PLC Class ARPRX	LGLV +0.52 points	0.87%	0.35%
Paychex IncPAYX	LGLV +0.52 points	0.77%	0.25%
Colgate Palmolive CoCL	LGLV +0.51 points	0.94%	0.43%
Cheniere Energy IncLNG	LGLV +0.48 points	0.90%	0.42%
General Dynamics CorpGD	LGLV +0.48 points	0.99%	0.51%
Dte Energy CompanyDTE	LGLV +0.48 points	0.85%	0.37%
Firstenergy CorpFE	LGLV +0.48 points	0.83%	0.35%
Udr IncUDR	LGLV +0.44 points	0.57%	0.13%
Restaurant Brands InternQSR	LGLV +0.42 points	0.63%	0.21%
Packaging Corp of AmericaPKG	LGLV +0.41 points	0.67%	0.26%
Ametek IncAME	LGLV +0.41 points	0.74%	0.33%
Nisource IncNI	LGLV +0.40 points	0.65%	0.25%
Becton Dickinson and CoBDX	LGLV +0.40 points	0.90%	0.50%
Cms Energy CorpCMS	LGLV +0.39 points	0.65%	0.26%
Kimco Realty CorpKIM	LGLV +0.38 points	0.49%	0.11%
Cna Financial CorpCNA	LGLV +0.38 points	0.40%	0.02%
Invitation Homes IncINVH	LGLV +0.37 points	0.49%	0.12%
Darden Restaurants IncDRI	LGLV +0.36 points	0.77%	0.41%
Vulcan Materials CoVMC	LGLV +0.35 points	0.56%	0.21%
Loews CorpL	LGLV +0.35 points	0.58%	0.23%
Idex CorpIEX	LGLV +0.33 points	0.54%	0.21%
Comcast Corp Class ACMCSA	ONEV +0.34 points	0.31%	0.65%
Markel Group IncMKL	LGLV +0.33 points	0.70%	0.37%
Wp Carey IncWPC	LGLV +0.33 points	0.43%	0.10%
Yum Brands IncYUM	LGLV +0.33 points	0.56%	0.23%
Ss+c Technologies HoldingsSSNC	LGLV +0.33 points	0.51%	0.18%
Nordson CorpNDSN	LGLV +0.33 points	0.53%	0.20%
Evergy IncEVRG	LGLV +0.32 points	0.59%	0.27%
Essex Property Trust IncESS	LGLV +0.33 points	0.54%	0.21%
Dt Midstream IncDTM	LGLV +0.31 points	0.39%	0.08%
Vici Properties IncVICI	LGLV +0.30 points	0.80%	0.50%
Mid America Apartment CommMAA	LGLV +0.29 points	0.43%	0.14%
Willis Towers Watson PLCWTW	LGLV +0.28 points	0.82%	0.54%
Fortive CorpFTV	LGLV +0.28 points	0.62%	0.34%
Allegion PLCALLE	LGLV +0.27 points	0.49%	0.22%
Camden Property TrustCPT	LGLV +0.27 points	0.41%	0.14%
Genuine Parts CoGPC	LGLV +0.27 points	0.47%	0.20%
Marsh & Mclennan CosMRSH	LGLV +0.26 points	0.98%	0.72%
Regency Centers CorpREG	LGLV +0.27 points	0.42%	0.15%
Labcorp Holdings IncLH	LGLV +0.25 points	0.77%	0.52%
Crane CoCR	LGLV +0.25 points	0.36%	0.11%
Teledyne Technologies IncTDY	LGLV +0.22 points	0.44%	0.22%
Dover CorpDOV	LGLV +0.21 points	0.45%	0.24%
Eastgroup Properties IncEGP	LGLV +0.21 points	0.32%	0.11%
Omega Healthcare InvestorsOHI	LGLV +0.20 points	0.42%	0.22%
American Homes 4 Rent AAMH	LGLV +0.20 points	0.32%	0.12%
Rollins IncROL	LGLV +0.20 points	0.33%	0.13%
Agree Realty CorpADC	LGLV +0.19 points	0.24%	0.05%
Travelers Cos Inc/TheTRV	LGLV +0.19 points	1.10%	0.91%
Applied Industrial Tech IncAIT	LGLV +0.18 points	0.34%	0.16%
Curtiss Wright CorpCW	LGLV +0.17 points	0.29%	0.12%
Tractor Supply CompanyTSCO	ONEV +0.16 points	0.34%	0.50%
Fastenal CoFAST	LGLV +0.16 points	0.55%	0.39%
Federal Realty Invs TrustFRT	LGLV +0.15 points	0.29%	0.14%
News Corp Class ANWSA	LGLV +0.15 points	0.45%	0.30%
Equity Lifestyle PropertiesELS	LGLV +0.15 points	0.36%	0.21%
Textron IncTXT	LGLV +0.14 points	0.46%	0.32%
Fox Corp Class AFOXA	LGLV +0.14 points	0.50%	0.36%
Brixmor Property Group IncBRX	LGLV +0.14 points	0.27%	0.13%
Ww Grainger IncGWW	LGLV +0.14 points	0.49%	0.35%
Service Corp InternationalSCI	LGLV +0.14 points	0.31%	0.17%
Illinois Tool WorksITW	LGLV +0.13 points	0.54%	0.41%
First Industrial Realty TrFR	LGLV +0.14 points	0.23%	0.09%
Autozone IncAZO	LGLV +0.13 points	0.42%	0.29%
Jacobs Solutions IncJ	LGLV +0.12 points	0.54%	0.42%
Idacorp IncIDA	LGLV +0.12 points	0.24%	0.12%
Stag Industrial IncSTAG	LGLV +0.12 points	0.22%	0.10%
Verisign IncVRSN	LGLV +0.11 points	0.64%	0.53%
Antero Midstream CorpAM	LGLV +0.10 points	0.21%	0.11%
Avery Dennison CorpAVY	LGLV +0.10 points	0.43%	0.33%
Starwood Property Trust IncSTWD	LGLV +0.09 points	0.13%	0.04%
Snap On IncSNA	LGLV +0.09 points	0.52%	0.43%
Nnn Reit IncNNN	LGLV +0.09 points	0.23%	0.14%
Xylem IncXYL	LGLV +0.08 points	0.31%	0.23%
Booz Allen Hamilton HoldingsBAH	LGLV +0.09 points	0.31%	0.22%
Oge Energy CorpOGE	LGLV +0.08 points	0.31%	0.23%
Dolby Laboratories Inc Class ADLB	LGLV +0.07 points	0.18%	0.11%
Newmarket CorpNEU	LGLV +0.07 points	0.20%	0.13%
Pentair PLCPNR	LGLV +0.07 points	0.29%	0.22%
Cencora IncCOR	LGLV +0.05 points	0.52%	0.47%
Graco IncGGG	LGLV +0.04 points	0.34%	0.30%
Aptargroup IncATR	LGLV +0.04 points	0.25%	0.21%
General Mills IncGIS	LGLV +0.04 points	0.54%	0.50%
Broadridge Financial SolutioBR	LGLV +0.03 points	0.61%	0.58%
Sun Communities IncSUI	LGLV +0.03 points	0.42%	0.39%
Jack Henry & Associates IncJKHY	LGLV +0.03 points	0.35%	0.32%
Gaming and Leisure PropertieGLPI	LGLV +0.03 points	0.33%	0.30%
Qiagen N.v.QGEN	LGLV +0.03 points	0.32%	0.29%
AecomACM	LGLV +0.02 points	0.25%	0.23%
Donaldson Co IncDCI	LGLV +0.02 points	0.30%	0.28%
Hanover Insurance Group Inc/THG	LGLV +0.02 points	0.25%	0.23%
Sei Investments CompanySEIC	LGLV +0.02 points	0.32%	0.30%
National Fuel Gas CoNFG	LGLV +0.02 points	0.23%	0.21%
Amdocs LtdDOX	LGLV +0.01 points	0.20%	0.19%

All 172 LGLV holdings⁠All 447 ONEV 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.

LGLV vs ONEV Cost

Overpaying ONEV vs LGLV

$1,635

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

LGLV 0.12%
$2,520
ONEV 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

LGLV 0.12%
ONEV 0.20%
Overpaying

Year by year

Year	LGLV	ONEV	Overpaying
10	$220	$365	$145
20	$859	$1,421	$562
30	$2,520	$4,155	$1,635

Expense ratio

0.12%LGLV, cheaper
0.20%ONEV

LGLV0.12%ONEV0.20%

0.08%0.35%

Middle half of US Low Volatility Index funds
Median 0.20%

LGLV 2nd cheapest of 16 funds

ONEV 8th cheapest of 16 funds

LGLV vs ONEV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): LGLV 2.06%, better; ONEV 1.85%
Payout (12M): LGLV $3.88; ONEV $2.79
Last payment: LGLV $0.99; ONEV $0.74
Ex-dividend: LGLV Sep 21, 2026; ONEV Sep 21, 2026
Paid on: LGLV Sep 23, 2026; ONEV Sep 23, 2026
Frequency: LGLV Quarterly; ONEV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LGLVQuarterly · 39 paymentsAll LGLV payments⁠

ONEVQuarterly · 39 paymentsAll ONEV payments⁠

LGLV vs ONEV Risk

Fall from peak · 5 years

LGLV
ONEV

Risk facts

VolatilityStd dev, 3 years: LGLV 11.8%, betterONEV 13.1%
Return per unit of riskSharpe ratio, 3 years: LGLV 0.86ONEV 0.89, better
Worst fallMax drawdown, 5 years: LGLV −17.5%, betterONEV −18.5%
Market sensitivityBeta, 5 years: LGLV 0.48ONEV 0.71; Market = 1

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