State Street SPDR Russell 1000 Momentum Focus ETF

Frequently Asked Questions About ONEO

What does ONEO invest in?

The State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) is structured to replicate the overall return performance of the Russell 1000 Momentum Focused Factor Index, prior to deducting fees and operational costs. This fund employs a factor-based, or "smart beta," investment strategy, specifically targeting the momentum factor to pursue greater growth opportunities for investors. By concentrating on momentum, the ETF aims to capture outsized gains from stocks that have recently displayed strong price appreciation, leveraging the observation that price trends in securities often persist over certain periods. This type of sophisticated factor-driven approach effectively bridges the divide between actively managed funds and passive index tracking, empowering investors to strategically adjust their market exposure and potentially enhance risk-adjusted returns more effectively.

What is the expense ratio of ONEO?

State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ONEO?

State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) manages $28.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ONEO actively managed or an index fund?

ONEO is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ONEO's is 0.20%) in exchange for the discretion to over- or under-weight positions.

When was ONEO launched?

State Street SPDR Russell 1000 Momentum Focus ETF (ONEO) launched in December 2015 and is managed by SPDR.

How has ONEO performed?

ONEO's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.