# State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/onev for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Equity - Strategy: Passive Index · Inception: 2015-12-02 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 inv... ## Key Facts | Metric | Value | |---|---| | Price | $150.77 | | Expense Ratio | 0.20% | | Assets Under Management | $282.0M | | NAV | $147.66 | | Holdings Count | 447 | | Distribution Yield (TTM) | 1.85% | | Annual Distribution (TTM) | $2.79 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $129.05 – $151.87 | | Beta | 0.70 | ## Latest Distribution - Amount: $0.7381 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-23 ## Frequently Asked Questions ### 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 $282.0M 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. ### Does ONEV pay a dividend? State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) currently distributes little or no income. Trailing-twelve-month yield is 1.85%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ONEV pay dividends? State Street SPDR Russell 1000 Low Volatility Focus ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ONEV's dividend yield? ONEV's trailing-twelve-month yield is 1.85%, calculated from the sum of dividends over the past year divided by the current price. ### When is ONEV's next ex-dividend date? The most recently announced ex-dividend date for ONEV was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will ONEV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ONEV charge its expense ratio? The expense ratio is deducted in tiny daily slices from ONEV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ONEV cost more than a fund like VOO? ONEV is a passive index fund (current expense ratio 0.20%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to ONEV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ONEV (0.20%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/onev - Distribution history: https://www.dividenddata.com/funds/onev/dividend - Holdings & diversification: https://www.dividenddata.com/funds/onev/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/onev/expenses - Peer comparison: https://www.dividenddata.com/funds/onev/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.