ONEZ vs WDTE
TrueShares Seasonality Laddered Buffered ETF vs Defiance S&P 500 Weekly Distribution ETF
Which is better, ONEZ or WDTE?
WDTE has been ahead.
ONEZ has a lower expense ratio. WDTE led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | WDTE |
|---|---|---|
| Expense Ratio | 0.96%Best | 1.03% |
| AUM | $356M | $73M |
| Dividend Yield | 3.63% | 32.78% |
| Holdings | 32 | 10 |
| YTD Return | +7.97% | +13.58%Best |
| 1Y Return | +6.09% | +16.98%Best |
| 3Y Return (annualized) | - | +14.59% |
| Volatility (annualized) | 9.4%Best | 11.6% |
| Max Drawdown | -13.2%Best | -15.8% |
| $10,000 over 1.7 years | $11,314 | $12,661Best |
| Fund Family | TrueShares | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 27, 2025 | Sep 18, 2023 |
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).
ONEZ vs WDTE 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 WDTE Performance
TrueShares Seasonality Laddered Buffered ETF (ONEZ) is an ETF from TrueShares and Defiance S&P 500 Weekly Distribution ETF (WDTE) is an ETF from Defiance ETFs, LLC. Over the past year ONEZ returned +6.09% while WDTE returned +16.98%. Year to date, ONEZ is up 7.97% versus a gain of 13.58% for WDTE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WDTE has been the more volatile fund, with annualized monthly volatility of 11.6% 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 -13.2% for ONEZ and -15.8% for WDTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 WDTE charges 1.03%. On a $10,000 position that is $96 vs $103 annually, a gap of $7 per year that compounds over a long holding period. On income, ONEZ currently yields 3.63% against 32.78% for WDTE.
Holdings Overlap
We hold position weights for 16 holdings in ONEZ and 1 in WDTE, totalling 100.0% and 7.2% 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 16 positions we hold weights for in ONEZ and 1 in WDTE, against full books of 32 and 10.
You are not choosing between two funds in isolation.
Whichever of ONEZ and WDTE 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 WDTE?
ONEZ has an expense ratio of 0.96% while WDTE charges 1.03%. ONEZ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, ONEZ or WDTE?
Over the past year ONEZ returned +6.09% vs +16.98% for WDTE, so WDTE leads on 1-year performance. Over the longest common window we track (2 years), ONEZ annualized +7.53% vs +14.89% for WDTE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONEZ or WDTE?
WDTE has been the more volatile fund at 11.6% annualized versus 9.4% for ONEZ. Worst drawdown: ONEZ -13.2% vs WDTE -15.8%.
Should I hold both ONEZ and WDTE?
ONEZ and WDTE have a monthly-return correlation of 0.92, 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 WDTE?
ONEZ yields 3.63% while WDTE yields 32.78%, so WDTE currently pays the higher dividend yield.
Is WDTE better than ONEZ?
ONEZ has a lower expense ratio. WDTE led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.