ONEO

State Street SPDR Russell 1000 Momentum Focus ETF

$126.71

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The SPDR Russell 1000 Momentum Focus ETF (ONEO) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Momentum Focused Factor Index.

Overview

ETF tracking State Street SPDR Russell 1000 Momentum Focus ETF

Category Growth

Issuer State Street

Inception Date 2015-12-03

Market Cap $95.0M

Average Volume N/A

Dividend Yield 1.33%

52-Week Range $102.34 - $130.15

VWAP $126.75

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management approach, investing in a portfolio of securities that seeks to track the performance of the underlying index. The index is designed to measure the performance of large-capitalization U.S. stocks exhibiting positive momentum characteristics.

✨ Key Features

Focuses on large-cap U.S. stocks with positive momentum characteristics
Passively managed to track the Russell 1000 Momentum Focused Factor Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Momentum investing risk: Momentum investing strategies may perform poorly during certain market conditions
Concentration risk: The fund's performance may be more volatile due to its focus on a limited number of securities
Lack of track record: With limited performance history, the fund's long-term performance is uncertain

👤 Best For

This ETF may be suitable for investors seeking exposure to large-cap U.S. stocks with positive momentum characteristics as part of a diversified portfolio. However, due to the fund's limited track record, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.