State Street SPDR Russell 1000 Low Volatility Focus ETF

Frequently Asked Questions About ONEV

What does ONEV invest in?

The State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) aims to deliver investment performance that broadly corresponds to the total return of the Russell 1000 Low Volatility Focused Factor Index, prior to fees and expenses. This ETF utilizes a factor-based, or "smart beta," strategy to specifically identify and invest in stocks exhibiting lower volatility. The core objective is to offer investors a mechanism for mitigating portfolio risk and providing downside protection. Such multi-factor smart beta strategies bridge the gap between active and passive management, empowering investors to re-evaluate their market exposures and potentially enhance risk-adjusted returns with greater efficiency.

What is the expense ratio of ONEV?

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

How big is ONEV?

State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) manages $297.6M 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 ONEV actively managed or an index fund?

ONEV is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (ONEV's is 0.20%) because there's no security selection cost.

When was ONEV launched?

State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) launched in December 2015 and is managed by SPDR.

How has ONEV performed?

ONEV'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.