Key stats
About SPDR Russell 1000 Momentum Focus ETF
Expense ratio
0.20%
Home page
Inception date
Dec 2, 2015
ONEO doesn't focus solely on high-momentum stocks, despite its name. Rather, the fund is part of a suite of ETFs (along with ONEV and ONEY) that scores the members of the Russell 1000 index on three core factors (value, quality and small size) and one focus factorin this case, momentum. These factor scores are scaled by market cap to determine weighting, and holdings with weights below a certain threshold get dropped from the index. The result is a portfolio that loosely resembles the broad market, but with emphasis on the four factors, including momentum. ONEO's Russell 1000 lineage means it holds a significant contingent of midcaps, a condition that's amplified by the small size factor tilt. The index is rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Stocks99.88%
Technology Services13.05%
Finance12.29%
Electronic Technology9.63%
Producer Manufacturing8.78%
Retail Trade7.24%
Energy Minerals7.05%
Consumer Services5.74%
Distribution Services4.65%
Process Industries4.62%
Consumer Durables4.33%
Transportation3.69%
Non-Energy Minerals3.23%
Health Technology2.83%
Consumer Non-Durables2.70%
Industrial Services2.66%
Utilities2.52%
Commercial Services2.29%
Health Services2.25%
Communications0.31%
Miscellaneous0.01%
Bonds, Cash & Other0.12%
Mutual fund0.11%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history