ONEY
State Street SPDR Russell 1000 Yield Focus ETF
📎 Investment Objective
The SPDR Russell 1000 Yield Focus ETF (ONEY) seeks to track the performance of the Russell 1000 Yield Focus Index, which is designed to provide exposure to U.S. large-cap companies with high dividend yields.
Overview
ETF tracking State Street SPDR Russell 1000 Yield Focus ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR Russell 1000 Yield Focus ETF (ONEY) seeks to track the performance of the Russell 1000 Yield Focus Index, which is designed to provide exposure to U.S. large-cap companies with high dividend yields.
🎯 Investment Strategy
The ETF invests in a portfolio of stocks that are selected and weighted based on their dividend yield, subject to certain liquidity and diversification constraints. The goal is to provide investors with exposure to high-yielding U.S. large-cap stocks.
✨ Key Features
- Focuses on U.S. large-cap stocks with high dividend yields
- Seeks to track the Russell 1000 Yield Focus Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific segment of the market
- Dividend payment risk as high-yielding stocks may be more volatile
- Market risk as the fund's performance is tied to the overall U.S. large-cap equity market
- Limited track record makes it difficult to evaluate long-term performance
👤 Best For
This ETF may be suitable for investors seeking exposure to high-yielding U.S. large-cap stocks as part of a diversified portfolio. It could be of interest to income-oriented investors or those looking to complement a core U.S. equity allocation. However, the fund's limited history means investors should carefully consider its risks and suitability for their investment objectives.