SPDR® Russell 1000 Yield Focus ETF ONEY

NAV
$101.38
as of Feb 01 2023
Base Currency
USD
Assets Under Management
$960.10 M
as of Feb 01 2023
Gross Expense Ratio
0.20%

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


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 Feb 02 2023

Benchmark Russell 1000 Yield Focused Factor Index
Inception Date Dec 02 2015
Options Available No
Gross Expense Ratio
0.20%
Base Currency USD
Administrator State Street Global Advisors Funds Management Inc.
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly

Listing Information as of Feb 02 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Dec 03 2015 USD ONEY 78468R770 US78468R7706

Fund Characteristics as of Feb 01 2023

Est. 3-5 Year EPS Growth
4.70%
Number of Holdings 299
Price/Book Ratio
2.20
Price/Earnings Ratio FY1
12.01
Weighted Average Market Cap $21,337.60 M

Index Characteristics as of Jan 31 2023

Est. 3-5 Year EPS Growth 4.85%
Number of Holdings 298
Price/Cash Flow 7.91
Price/Earnings 11.40
Price/Earnings Ratio FY1 11.87

Index Statistics as of Jan 31 2023

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$21,311.69 M $14,045.96 M $10,212.65 M $105,260.77 M $423.99 M

Yields as of Jan 31 2023

30 Day SEC Yield
3.11%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
2.95%
Index Dividend Yield
3.33%

Fund Market Price as of Feb 01 2023

Bid/Ask
$101.42
Closing Price
$101.35
Day High $101.85
Day Low $100.24
Exchange Volume (Shares)
4,384
Premium/Discount
0.04%
30-Day Median Bid/Ask Spread
0.07%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
201
Days Traded at Discount
50

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

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 Feb 01 2023

Net Cash Amount $778,085.93

Fund Net Asset Value as of Feb 01 2023

NAV
$101.38
Shares Outstanding 9.47 M
Assets Under Management $960.10 M

Fund Performance

  • Fund Inception Date: Dec 02 2015

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 02 2015
Fund Before Tax
NAV Dec 31 2022 -4.57% 13.52% -3.50% -3.50% 10.50% 9.52% - 11.59%
Market Value Dec 31 2022 -4.62% 13.44% -3.55% -3.55% 10.50% 9.52% - 11.58%
Russell 1000 Yield Focused Factor Index Dec 31 2022 -4.56% 13.59% -3.27% -3.27% 10.76% 9.78% - 11.86%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -4.90% 13.13% -4.74% -4.74% 9.46% 8.51% - 9.96%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -2.71% 8.00% -2.09% -2.09% 7.83% 7.19% - 8.68%
Russell 1000 Yield Focused Factor Index Dec 31 2022 -4.56% 13.59% -3.27% -3.27% 10.76% 9.78% - 11.86%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Dec 02 2015
Fund Before Tax
NAV Dec 31 2022 -4.57% 13.52% -3.50% -3.50% 10.50% 9.52% - 11.59%
Market Value Dec 31 2022 -4.62% 13.44% -3.55% -3.55% 10.50% 9.52% - 11.58%
Russell 1000 Yield Focused Factor Index Dec 31 2022 -4.56% 13.59% -3.27% -3.27% 10.76% 9.78% - 11.86%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -4.90% 13.13% -4.74% -4.74% 9.46% 8.51% - 9.96%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -2.71% 8.00% -2.09% -2.09% 7.83% 7.19% - 8.68%
Russell 1000 Yield Focused Factor Index Dec 31 2022 -4.56% 13.59% -3.27% -3.27% 10.76% 9.78% - 11.86%

Past performance is not a reliable indicator of future performance. 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.  All results are historical and assume the reinvestment of dividends and capital gains. 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.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable.

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

as of Feb 01 2023
as of Jan 31 2023

Fund Top Holdings as of Feb 01 2023

Name Shares Held Weight
Phillips 66 164,925 1.68%
Gilead Sciences Inc. 188,395 1.64%
HP Inc. 515,852 1.60%
Valero Energy Corporation 104,241 1.48%
T. Rowe Price Group 109,664 1.37%
Marathon Petroleum Corporation 101,547 1.30%
Dow Inc. 205,097 1.28%
LyondellBasell Industries NV 125,937 1.27%
ONEOK Inc. 164,713 1.17%
Cummins Inc. 41,964 1.09%
Download All Holdings: Daily

Index Top Holdings as of Jan 31 2023

Name Weight
Phillips 66 1.74%
Gilead Sciences Inc. 1.66%
HP Inc. 1.58%
Valero Energy Corporation 1.53%
Marathon Petroleum Corporation 1.37%
T. Rowe Price Group 1.34%
LyondellBasell Industries NV 1.28%
Dow Inc. 1.28%
ONEOK Inc. 1.18%
Cummins Inc. 1.10%

Sector Allocation

as of Feb 01 2023
as of Jan 31 2023

Fund Sector Breakdown as of Feb 01 2023

Sector Weight
Financials 17.07%
Consumer Discretionary 16.82%
Industrials 13.40%
Real Estate 8.68%
Basic Materials 8.03%
Energy 7.63%
Utilities 7.56%
Technology 7.55%
Consumer Staples 7.29%
Health Care 5.34%
Telecommunications 0.62%
Unassigned 0.01%

Index Sector Breakdown as of Jan 31 2023

Sector Weight
Financials 17.04%
Consumer Discretionary 16.61%
Industrials 13.38%
Real Estate 8.72%
Basic Materials 7.97%
Energy 7.86%
Utilities 7.58%
Technology 7.47%
Consumer Staples 7.35%
Health Care 5.38%
Telecommunications 0.63%

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.


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.