State Street SPDR Russell 1000 Momentum Focus ETF
$154.87+0.80 (+0.52%)
- 0.20%
- $31M
- +22.5%
- 1.23%
- 437 sh
- low $123.07high $159.17
The ETF.net ONEO Grade
A
Score 71 out of 100
- 18 of 99
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A71 out of 100Rank 26 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 87Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 40 of 99Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 65 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 11 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 44 of 99
Our read on ONEO
In short
AMomentum with a chaperone. ONEO's index chases the market's winners but runs them through quality and value screens first, then spreads the bet across roughly 900 large caps instead of a narrow hot-stock slice.
Stated mandate
The fund seeks to track, before fees and expenses, the total return of the Russell 1000 Momentum Focused Factor Index.
Why people hold it
Worth knowing
ONEO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
ONEO$12,251
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ONEO |
|---|---|
| Year to date | +20.3% |
| 1 month | +3.9% |
| 3 months | +0.8% |
| 1 year | +22.5% |
| 3 years | +21.2% |
| 5 years | +9.9% |
| 10 years | +12.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ONEO |
|---|---|---|
| 2026 YTD | +20.3% | |
| 2025 | +10.6% | |
| 2024 | +15.0% | |
| 2023 | +15.6% | |
| 2022 | −12.0% | |
| 2021 | +26.7% | |
| 2020 | +10.8% |
ONEO in the news
ONEO Dividends
- 1.23%
- $1.89
- $0.49 per share
- Quarterly
ONEO Risk
- 13.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.16
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
ONEO Cost
Overpaying vs VYM, tied cheapest in US Multifactor
$3,306
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
ONEO 0.20%
$4,155
VYM 0.04% Tied cheapest
$849
Cost over time
Year by year
| Year | ONEO | VYM | Overpaying |
|---|---|---|---|
| 10 | $365 | $73 | $292 |
| 20 | $1,421 | $288 | $1,133 |
| 30 | $4,155 | $849 | $3,306 |
Other funds in US Multifactor
- AFLQLFranklin U.S. Large Cap Multifactor Index ETFExpense ratio 0.15%1 year return +11.3%
- AJHMLJohn Hancock Multifactor Large Cap ETFExpense ratio 0.29%1 year return +14.4%
- ATILTNorthern Trust Morningstar US Market Factor Tilt ETFExpense ratio 0.25%1 year return +14.4%
- BUSVMVictoryShares US Small Mid Cap Value Momentum ETFExpense ratio 0.22%1 year return +21.9%
- ADEUSXtrackers Russell US Multifactor ETFExpense ratio 0.17%1 year return +19.6%
