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.

$45.18

as of Apr 01 2020

Base Currency

USD

Assets Under Management

$273.36 M

as of Apr 01 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 Apr 01 2020

Fund Information as of Apr 01 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 Apr 01 2020

Listing Information as of Apr 01 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 Mar 31 2020

Fund Characteristics as of Mar 31 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
7.33% 292 1.36 10.78 $12,926.10 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.

7.33%
Number of Holdings 292
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.

1.36
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.

10.78
Weighted Average Market Cap $12,926.10 M

Index Characteristics as of Mar 31 2020

Index Characteristics as of Mar 31 2020
Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
7.33% 292 5.06 10.23 10.79
Est. 3-5 Year EPS Growth 7.33%
Number of Holdings 292
Price/Cash Flow 5.06
Price/Earnings 10.23
Price/Earnings Ratio FY1 10.79

Index Statistics as of Mar 31 2020

Index Statistics as of Mar 31 2020

Average Size
Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$12,929.16 M $7,022.88 M $4,368.34 M $46,875.38 M $451.28 M
Weighted Average Market Cap $12,929.16 M
Average Size
Mean $7,022.88 M
Median $4,368.34 M
Size Range
Largest $46,875.38 M
Smallest $451.28 M

Yields as of Mar 31 2020

Yields as of Mar 31 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.

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.

5.21% 5.18% 5.49%
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.

5.21%
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.

5.18%
Index Dividend Yield

Index Dividend Yield

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

5.49%

Fund Market Price as of Apr 01 2020

Fund Market Price as of Apr 01 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 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)

$45.22 $45.22 $46.46 $44.85 5,440 0.07%
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 a given security.

$45.22
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$45.22
Day High $46.46
Day Low $44.85
Exchange Volume (Shares)

Exchange Volume (shares)

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

5,440
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)

0.07%

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 Apr 01 2020

    Fund Net Cash Amount as of Apr 01 2020
    Net Cash Amount
    $783,232.01
    Net Cash Amount $783,232.01

    Fund Net Asset Value as of Apr 01 2020

    Fund Net Asset Value as of Apr 01 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
    $45.18 6.05 M $273.36 M
    NAV

    NAV

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

    $45.18
    Shares Outstanding 6.05 M
    Assets Under Management $273.36 M
    Most Recent NAV / NAV History

    Fund Performance
    View as

    Fund Performance

    • Fund Inception Date: Dec 02 2015
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Dec 02 2015
    Fund Before Tax
    NAV Feb 29 2020 -10.51% -14.90% -14.90% -3.35% 3.08% - - 7.72%
    Market Value Feb 29 2020 -10.51% -14.91% -14.91% -3.42% 3.06% - - 7.71%
    Russell 1000 Yield Focused Factor Index Feb 29 2020 -10.53% -14.92% -14.92% -3.18% 3.34% - - 7.97%
    Fund After Tax
    Return after Taxes on Distributions Feb 29 2020 -10.51% -14.90% -14.90% -4.22% 1.29% - - 5.81%
    Return after Taxes on Distributions and Sale of Fund Shares Feb 29 2020 -6.22% -8.82% -8.82% -1.45% 1.96% - - 5.49%
    Russell 1000 Yield Focused Factor Index Feb 29 2020 -10.53% -14.92% -14.92% -3.18% 3.34% - - 7.97%
    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 2019 3.51% 8.90% 26.93% 26.93% 10.40% - - 12.39%
    Market Value Dec 31 2019 3.46% 8.88% 26.98% 26.98% 10.39% - - 12.39%
    Russell 1000 Yield Focused Factor Index Dec 31 2019 3.54% 8.97% 27.26% 27.26% 10.70% - - 12.68%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 3.25% 8.63% 25.79% 25.79% 8.48% - - 10.33%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 2.22% 5.41% 16.44% 16.44% 7.48% - - 9.04%
    Russell 1000 Yield Focused Factor Index Dec 31 2019 3.54% 8.97% 27.26% 27.26% 10.70% - - 12.68%

    as of Feb 29 2020

    as of Dec 31 2019

    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.

    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 Mar 31 2020
    Index Top Holdingsas of Mar 31 2020

    Fund Top Holdings as of Mar 31 2020

    Name Shares Held Weight
    Lam Research Corporation 35,157 2.91%
    HP Inc. 473,725 2.84%
    KLA Corporation 39,723 1.97%
    Valero Energy Corporation 114,605 1.79%
    Applied Materials Inc. 106,232 1.68%
    PACCAR Inc 78,450 1.65%
    Skyworks Solutions Inc. 53,018 1.63%
    Phillips 66 84,413 1.56%
    Cardinal Health Inc. 91,689 1.52%
    Cummins Inc. 29,147 1.36%
    Download All Holdings: Daily

    Index Top Holdings as of Mar 31 2020

    Name Weight
    Lam Research Corporation 2.91%
    HP Inc. 2.84%
    KLA Corporation 1.97%
    Valero Energy Corporation 1.79%
    Applied Materials Inc. 1.68%
    PACCAR Inc 1.66%
    Skyworks Solutions Inc. 1.64%
    Phillips 66 1.56%
    Cardinal Health Inc. 1.52%
    Cummins Inc. 1.36%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Mar 31 2020
    Index Sector Breakdownas of Mar 31 2020

    Fund Sector Breakdown as of Mar 31 2020

    Sector Weight
    Financial Services 19.04%
    Technology 18.42%
    Consumer Discretionary 16.01%
    Producer Durables 12.94%
    Materials & Processing 11.75%
    Utilities 7.47%
    Energy 6.38%
    Consumer Staples 4.87%
    Health Care 3.12%

    Index Sector Breakdown as of Mar 31 2020

    Sector Weight
    Financial Services 19.02%
    Technology 18.41%
    Consumer Discretionary 16.02%
    Producer Durables 12.94%
    Materials & Processing 11.75%
    Utilities 7.49%
    Energy 6.38%
    Consumer Staples 4.87%
    Health Care 3.12%

    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.