ONEZ vs UDEC
TrueShares Seasonality Laddered Buffered ETF vs Innovator US Equity Ultra Buffer ETF - December
Which is better, ONEZ or UDEC?
UDEC has been ahead.
UDEC has a lower expense ratio. UDEC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | ONEZ | UDEC |
|---|---|---|
| Expense Ratio | 0.96% | 0.79%Best |
| AUM | $356M | $244M |
| Dividend Yield | 3.63% | 0.00% |
| Holdings | 32 | 18 |
| YTD Return | +7.97% | +8.52%Best |
| 1Y Return | +6.09% | +12.63%Best |
| 3Y Return (annualized) | - | +12.90% |
| 5Y Return (annualized) | - | +7.67% |
| Volatility (annualized) | 9.4% | 6.3%Best |
| Max Drawdown | -13.2% | -8.9%Best |
| $10,000 over 1.7 years | $11,314 | $12,110Best |
| Fund Family | TrueShares | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 27, 2025 | Dec 1, 2019 |
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).
ONEZ vs UDEC 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.
ONEZ vs UDEC Performance
TrueShares Seasonality Laddered Buffered ETF (ONEZ) is an ETF from TrueShares and Innovator US Equity Ultra Buffer ETF - December (UDEC) is an ETF from Innovator ETFs Trust. Over the past year ONEZ returned +6.09% while UDEC returned +12.63%. Year to date, ONEZ is up 7.97% versus a gain of 8.52% for UDEC.
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 6.3% for UDEC. 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 -13.2% for ONEZ and -8.9% for UDEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ONEZ charges 0.96% per year while UDEC charges 0.79%. On a $10,000 position that is $96 vs $79 annually, a gap of $17 per year that compounds over a long holding period. On income, ONEZ currently yields 3.63% against 0.00% for UDEC.
You are not choosing between two funds in isolation.
Whichever of ONEZ and UDEC 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, ONEZ or UDEC?
ONEZ has an expense ratio of 0.96% while UDEC charges 0.79%. UDEC is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, ONEZ or UDEC?
Over the past year ONEZ returned +6.09% vs +12.63% for UDEC, so UDEC leads on 1-year performance. Over the longest common window we track (2 years), ONEZ annualized +7.53% vs +11.92% for UDEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEZ or UDEC?
ONEZ has been the more volatile fund at 9.4% annualized versus 6.3% for UDEC. Worst drawdown: ONEZ -13.2% vs UDEC -8.9%.
Should I hold both ONEZ and UDEC?
ONEZ and UDEC have a monthly-return correlation of 0.91, 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, ONEZ or UDEC?
ONEZ yields 3.63% while UDEC yields 0.00%, so ONEZ currently pays the higher dividend yield.
Is UDEC better than ONEZ?
UDEC has a lower expense ratio. UDEC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.