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ONEV - Russell 1000 Low Vol ETF SPDR

Russell 1000 Low Vol ETF SPDR logoThe SPDR Russell 1000 Low Volatility ETF (ONEV) is an exchange-traded fund (ETF) that seeks to track the performance of the Russell 1000 Low Volatility Index. Here's an extended company report for ONEV:

ONEV, launched in 2011, is designed to provide investors with exposure to large-cap U.S. equities that exhibit lower volatility than the broader market. The ETF seeks to achieve its investment objective by tracking the Russell 1000 Low Volatility Index, which is composed of 150 stocks from the Russell 1000 Index with the lowest realized volatility over the past 252 trading days.

ONEV's portfolio is primarily invested in stocks from the financials, consumer staples, and healthcare sectors, with the largest holdings in companies like NextEra Energy, Procter & Gamble, and Verizon Communications.

As of March 18, 2023, the ONEV ETF has a total net asset value of approximately $4.7 billion and an expense ratio of 0.20%, making it a relatively inexpensive investment option compared to other actively managed funds.

Investing in ONEV offers several potential benefits to investors, such as lower volatility exposure to large-cap U.S. equities, potential for improved risk-adjusted returns over the long term, and diversification benefits for a well-balanced portfolio.

However, investing in ONEV also carries risks, such as market risk, sector concentration risk, and interest rate risk. Additionally, the fund's low volatility strategy may result in underperformance during market upswings.

In conclusion, the SPDR Russell 1000 Low Volatility ETF (ONEV) is an ETF designed to provide investors with lower volatility exposure to large-cap U.S. equities by tracking the Russell 1000 Low Volatility Index. The ETF is composed of 150 stocks with the lowest realized volatility over the past 252 trading days and has a relatively low expense ratio. However, investors should consider the potential risks associated with investing in ONEV before making any investment decisions.

 



 

 

 
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