IWMY vs ONEZ
Defiance R2000 Weekly Distribution ETF vs TrueShares Seasonality Laddered Buffered ETF
Which is better, IWMY or ONEZ?
ONEZ has been ahead.
ONEZ has a lower expense ratio. ONEZ led over 1Y and the full window.
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 | IWMY | ONEZ |
|---|---|---|
| Expense Ratio | 1.05% | 0.96%Best |
| AUM | $83M | $356M |
| Dividend Yield | 39.40% | 3.63% |
| Holdings | 10 | 32 |
| YTD Return | +4.37% | +7.97%Best |
| 1Y Return | +1.60% | +6.09%Best |
| 3Y Return (annualized) | -3.29% | - |
| Volatility (annualized) | 14.2% | 9.4%Best |
| Max Drawdown | -18.7% | -13.2%Best |
| $10,000 over 1.7 years | $11,148 | $11,314Best |
| Fund Family | Defiance ETFs, LLC | TrueShares |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Oct 30, 2023 | Jan 27, 2025 |
Not shown on this pair: 5Y Return (annualized), 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).
IWMY 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.
IWMY vs ONEZ Performance
Defiance R2000 Weekly Distribution ETF (IWMY) is an ETF from Defiance ETFs, LLC and TrueShares Seasonality Laddered Buffered ETF (ONEZ) is an ETF from TrueShares. Over the past year IWMY returned +1.60% while ONEZ returned +6.09%. Year to date, IWMY is up 4.37% versus a gain of 7.97% for ONEZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWMY has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 9.4% for ONEZ. 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 -18.7% for IWMY 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IWMY charges 1.05% per year while ONEZ charges 0.96%. On a $10,000 position that is $105 vs $96 annually, a gap of $9 per year that compounds over a long holding period. On income, IWMY currently yields 39.40% against 3.63% for ONEZ.
Holdings Overlap
We hold position weights for 1 holding in IWMY and 16 in ONEZ, totalling 1.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in IWMY and 16 in ONEZ, against full books of 10 and 32.
You are not choosing between two funds in isolation.
Whichever of IWMY 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, IWMY or ONEZ?
IWMY has an expense ratio of 1.05% while ONEZ charges 0.96%. ONEZ is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, IWMY or ONEZ?
Over the past year IWMY returned +1.60% vs +6.09% for ONEZ, so ONEZ leads on 1-year performance. Over the longest common window we track (2 years), IWMY annualized +6.60% vs +7.53% for ONEZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWMY or ONEZ?
IWMY has been the more volatile fund at 14.2% annualized versus 9.4% for ONEZ. Worst drawdown: IWMY -18.7% vs ONEZ -13.2%.
Should I hold both IWMY and ONEZ?
IWMY and ONEZ have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IWMY or ONEZ?
IWMY yields 39.40% while ONEZ yields 3.63%, so IWMY currently pays the higher dividend yield.
Is ONEZ better than IWMY?
ONEZ has a lower expense ratio. ONEZ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.