SPDR® Russell 1000 Yield Focus ETF ONEY

Important Risk Disclosure

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$59.02

as of Sep 24 2020

Base Currency

USD

Assets Under Management

$357.66 M

as of Sep 24 2020

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.20%


Key Features

Key Features

  • The SPDR® Russell 1000 Yield Focus ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Yield Focused Factor Index (the "Index")
  • Seek to harness the full power of factor investing to meet specific investor objectives and address some of the main motivations for using smart beta: in the case of ONEY, income generation (yield)
  • The focus on income potentially enables the collection of above average dividend payments to boost total returns and provide a diversified source of income
  • Multi-factor smart beta strategies can bridge the gap between active and passive management, providing an opportunity for investors to rethink exposures and potentially maximize risk-adjusted returns more efficiently

About this Benchmark

About this Benchmark

The Russell 1000 Yield Focused Factor Index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising high yield characteristics (the "Factor Characteristics"). To construct the Index, Frank Russell Company ("Index Provider") utilizes a proprietary rules-based multi-factor scoring process that seeks to increase exposure (or "tilt") to companies in the Russell 1000 Index demonstrating the Factor Characteristics. The Russell 1000 Index is a market-capitalization index that measures the performance of the large-cap segment of the U.S. equity universe.


Fund Information as of Sep 24 2020

Fund Information as of Sep 24 2020
Benchmark Inception Date Options Available Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Investment Manager Management Team
Russell 1000 Yield Focused Factor Index Dec 02 2015 No 0.20% USD SSGA Funds Management, Inc. Global Equity Beta Solutions
Benchmark Russell 1000 Yield Focused Factor Index
Inception Date Dec 02 2015
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.20%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor Distribution Frequency
State Street Global Advisors Funds Distributors, LLC Quarterly
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Sep 24 2020

Listing Information as of Sep 24 2020
Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 03 2015 USD ONEY 78468R770 US78468R7706
Exchange NYSE ARCA EXCHANGE
Listing Date Dec 03 2015
Trading Currency USD
Ticker ONEY
CUSIP 78468R770
ISIN US78468R7706

Fund Characteristics as of Sep 24 2020

Fund Characteristics as of Sep 24 2020
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Weighted Average Market Cap
3.16% 285 1.48 14.53 $13,629.30 M
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

3.16%
Number of Holdings 285
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

1.48
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

14.53
Weighted Average Market Cap $13,629.30 M

Index Characteristics as of Sep 23 2020

Index Characteristics as of Sep 23 2020
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
3.13% 285 5.32 15.57 14.54
Est. 3-5 Year EPS Growth 3.13%
Number of Holdings 285
Price/Cash Flow 5.32
Price/Earnings 15.57
Price/Earnings Ratio FY1 14.54

Index Statistics as of Sep 23 2020

Index Statistics as of Sep 23 2020

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$13,582.60 M $8,551.60 M $5,782.05 M $53,382.63 M $592.76 M
Weighted Average Market Cap $13,582.60 M
Average Size
Mean $8,551.60 M
Median $5,782.05 M
Size Range
Largest $53,382.63 M
Smallest $592.76 M

Yields as of Sep 23 2020

Yields as of Sep 23 2020
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

4.22% - 3.56% 3.58%
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

4.22%
30 Day SEC Yield (Unsubsidized)

30 Day SEC Yield (Unsubsidized)

An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

-
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

3.56%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

3.58%

Fund Market Price as of Sep 24 2020

Fund Market Price as of Sep 24 2020
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

Closing Price

Closing Price

Market Price of last reported trade on the exchange.

Day High Day Low Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

$59.02 $59.03 $59.77 $58.87 624 0.00%
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

$59.02
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$59.03
Day High $59.77
Day Low $58.87
Exchange Volume (Shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

624
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

0.00%

Premium Discount to Nav

Quarter
    x axis: # of days
    y axis: # Premium/Discount percentage
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


    Fund Net Cash Amount as of Sep 24 2020

    Fund Net Cash Amount as of Sep 24 2020
    Net Cash Amount
    $817,896.52
    Net Cash Amount $817,896.52

    Fund Net Asset Value as of Sep 24 2020

    Fund Net Asset Value as of Sep 24 2020
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    Shares Outstanding Assets Under Management
    $59.02 6.06 M $357.66 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    $59.02
    Shares Outstanding 6.06 M
    Assets Under Management $357.66 M
    Most Recent NAV / NAV History

    Fund Performance

    Fund Performance

    • Fund Inception Date: Dec 02 2015

    as of Aug 31 2020

    as of Jun 30 2020

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Dec 02 2015
    Fund Before Tax
    NAV Aug 31 2020 4.89% 6.91% -16.06% -2.77% 2.83% - - 6.56%
    Market Value Aug 31 2020 4.87% 6.94% -16.06% -2.75% 2.83% - - 6.56%
    Russell 1000 Yield Focused Factor Index Aug 31 2020 4.91% 6.93% -15.90% -2.49% 3.13% - - 6.84%
    Fund After Tax
    Return after Taxes on Distributions Aug 31 2020 4.89% 6.91% -16.72% -4.00% 0.95% - - 4.70%
    Return after Taxes on Distributions and Sale of Fund Shares Aug 31 2020 2.89% 4.09% -9.57% -1.39% 1.72% - - 4.57%
    Russell 1000 Yield Focused Factor Index Aug 31 2020 4.91% 6.93% -15.90% -2.49% 3.13% - - 6.84%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Dec 02 2015
    Fund Before Tax
    NAV Jun 30 2020 3.12% 23.08% -21.49% -13.74% 0.17% - - 5.26%
    Market Value Jun 30 2020 3.10% 23.02% -21.50% -13.75% 0.15% - - 5.26%
    Russell 1000 Yield Focused Factor Index Jun 30 2020 3.17% 23.25% -21.36% -13.48% 0.46% - - 5.54%
    Fund After Tax
    Return after Taxes on Distributions Jun 30 2020 2.77% 22.67% -22.10% -14.83% -1.67% - - 3.36%
    Return after Taxes on Distributions and Sale of Fund Shares Jun 30 2020 1.84% 13.66% -12.76% -7.85% -0.23% - - 3.60%
    Russell 1000 Yield Focused Factor Index Jun 30 2020 3.17% 23.25% -21.36% -13.48% 0.46% - - 5.54%

    Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

    Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

    The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

    Gross Expense Ratio: 0.20%


    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Sep 24 2020
    Index Top Holdingsas of Sep 23 2020

    Fund Top Holdings as of Sep 24 2020

    Name Shares Held Weight
    HP Inc. 373,126 1.90%
    Ford Motor Company 946,083 1.77%
    Dow Inc. 124,899 1.62%
    Johnson Controls International plc 122,982 1.41%
    Simon Property Group Inc. 79,331 1.40%
    Marathon Petroleum Corporation 168,748 1.35%
    Delta Air Lines Inc. 166,216 1.35%
    Cummins Inc. 23,393 1.35%
    LyondellBasell Industries NV 66,861 1.32%
    Maxim Integrated Products Inc. 69,228 1.26%
    Download All Holdings: Daily

    Index Top Holdings as of Sep 23 2020

    Name Weight
    HP Inc. 1.92%
    Ford Motor Company 1.76%
    Dow Inc. 1.64%
    Simon Property Group Inc. 1.40%
    Johnson Controls International plc 1.39%
    Delta Air Lines Inc. 1.38%
    Marathon Petroleum Corporation 1.36%
    Cummins Inc. 1.33%
    LyondellBasell Industries NV 1.31%
    Maxim Integrated Products Inc. 1.25%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Sep 24 2020
    Index Sector Breakdownas of Sep 23 2020

    Fund Sector Breakdown as of Sep 24 2020

    Sector Weight
    Consumer Discretionary 22.51%
    Financials 14.10%
    Industrials 12.46%
    Real Estate 10.07%
    Basic Materials 9.15%
    Utilities 8.85%
    Energy 8.14%
    Technology 7.66%
    Consumer Staples 4.78%
    Telecommunications 1.30%
    Health Care 0.98%

    Index Sector Breakdown as of Sep 23 2020

    Sector Weight
    Consumer Discretionary 22.67%
    Financials 14.11%
    Industrials 12.40%
    Real Estate 10.03%
    Basic Materials 9.18%
    Utilities 8.79%
    Energy 8.14%
    Technology 7.66%
    Consumer Staples 4.76%
    Telecommunications 1.30%
    Health Care 0.97%

    Purchase Information

    Purchase Information

    Buying and Selling ETFs

    ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

    ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

    Ordinary brokerage commissions apply.


    Fund Footnotes

    In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

    After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

    Unless otherwise noted all information contained herein is that of the SPDR® Russell 1000 Yield Focus ETF.

    Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

    Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

    As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.