BAUG vs ONEZ
Innovator U.S. Equity Buffer ETF - August vs TrueShares Seasonality Laddered Buffered ETF
Which is better, BAUG or ONEZ?
BAUG has been ahead.
BAUG has a lower expense ratio. BAUG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BAUG | ONEZ |
|---|---|---|
| Expense Ratio | 0.79%Best | 0.96% |
| AUM | $274M | $356M |
| Dividend Yield | 0.00% | 3.63% |
| Holdings | 18 | 32 |
| YTD Return | +10.97%Best | +7.97% |
| 1Y Return | +14.01%Best | +6.09% |
| 3Y Return (annualized) | +18.37% | - |
| 5Y Return (annualized) | +11.70% | - |
| Volatility (annualized) | 8.2%Best | 9.4% |
| Max Drawdown | -13.8% | -13.2%Best |
| $10,000 over 1.7 years | $12,517Best | $11,314 |
| Fund Family | Innovator ETFs Trust | TrueShares |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jul 31, 2019 | Jan 27, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 27, 2025 to Oct 14, 2026 (1.7 years).
BAUG vs ONEZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
BAUG vs ONEZ Performance
Innovator U.S. Equity Buffer ETF - August (BAUG) is an ETF from Innovator ETFs Trust and TrueShares Seasonality Laddered Buffered ETF (ONEZ) is an ETF from TrueShares. Over the past year BAUG returned +14.01% while ONEZ returned +6.09%. Year to date, BAUG is up 10.97% versus a gain of 7.97% for ONEZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ONEZ has been the more volatile fund, with annualized monthly volatility of 9.4% compared with 8.2% for BAUG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.8% for BAUG and -13.2% for ONEZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BAUG charges 0.79% per year while ONEZ charges 0.96%. On a $10,000 position that is $79 vs $96 annually, a gap of $17 per year that compounds over a long holding period. On income, BAUG currently yields 0.00% against 3.63% for ONEZ.
You are not choosing between two funds in isolation.
Whichever of BAUG and ONEZ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAUG or ONEZ?
BAUG has an expense ratio of 0.79% while ONEZ charges 0.96%. BAUG is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, BAUG or ONEZ?
Over the past year BAUG returned +14.01% vs +6.09% for ONEZ, so BAUG leads on 1-year performance. Over the longest common window we track (2 years), BAUG annualized +14.12% vs +7.53% for ONEZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAUG or ONEZ?
ONEZ has been the more volatile fund at 9.4% annualized versus 8.2% for BAUG. Worst drawdown: BAUG -13.8% vs ONEZ -13.2%.
Should I hold both BAUG and ONEZ?
BAUG and ONEZ have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BAUG or ONEZ?
BAUG yields 0.00% while ONEZ yields 3.63%, so ONEZ currently pays the higher dividend yield.
Is ONEZ better than BAUG?
BAUG has a lower expense ratio. BAUG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.