ONEV

State Street SPDR Russell 1000 Low Volatility Focus ETF

$131.63

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The SPDR Russell 1000 Low Volatility ETF (ONEV) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Index.

Overview

ETF tracking State Street SPDR Russell 1000 Low Volatility Focus ETF

Category Volatility

Issuer State Street

Inception Date 2015-12-03

Market Cap $581.8M

Average Volume N/A

Dividend Yield 1.91%

52-Week Range $114.16 - $135.42

VWAP $131.91

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management strategy, investing in a portfolio of stocks that aims to track the Russell 1000 Low Volatility Index. The index is designed to measure the performance of the 200 least volatile stocks in the Russell 1000 Index, which represents the 1,000 largest U.S. publicly traded companies.

✨ Key Features

Exposure to large-cap U.S. stocks with lower historical volatility
Passive index-tracking strategy
Low expense ratio of 0.00%
Potential for reduced portfolio risk compared to the broader market

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market and economic conditions
Concentration risk: The fund's performance may be more sensitive to any single industry or company
Tracking error risk: The fund may not perfectly track the underlying index
Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares at the desired price

👤 Best For

The SPDR Russell 1000 Low Volatility ETF may be suitable for investors seeking exposure to large-cap U.S. stocks with lower historical volatility as part of a diversified portfolio. It may be particularly appealing to investors with a lower risk tolerance or those nearing retirement who are looking to potentially reduce portfolio risk.