State Street SPDR Russell 1000 Momentum Focus ETF
$150.42−0.82 (−0.54%)
- Expense ratio
- 0.20%
- Fund size
- $30M
- 1Y return
- +18.8%
- Yield · Last 12 months
- 1.25%
- Holdings
- 931
- Volume · 30D
- 0M sh
- NAV per share
- $151.09
- 52W range
The ETF.net ONEO Grade
Score 71 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 71Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 36Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 57Category rank
Our read on ONEO
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.
The fund seeks to track, before fees and expenses, the total return of the Russell 1000 Momentum Focused Factor Index.
Why people hold it
- Momentum doesn't ride alone here: the index screens for quality and value alongside it, tempering the usual factor habit of crowding into whatever just ran.ssga.com
- 0.20% a year, below the typical US multifactor fund and under Schwab's FNDX at 0.25%. Cheap shelf space for a rules-based tilt.
- Roughly 900 stocks, close to full Russell 1000 breadth, so no single name steers the fund. Live since 2015, so it carries a real multi-cycle record, not a backtest.
- Portfolio holds US large caps and pays out quarterly, with State Street as the sponsor behind it.
Worth knowing
- Small and thinly traded. Spreads and market impact can matter more to your all-in cost than the 0.20% fee, especially on chunky orders.
- Blending three factors across roughly 900 names dilutes each tilt. A concentrated pure-momentum fund will look and move very differently.
- Sits in a crowded multifactor aisle where the top-ranked options include cheaper plain-vanilla builds like VONV at 0.06% and IUSG at 0.04%.
ONEO Holdings
- Stocks
- 931
- 6%
- AU
Sectors
- Industrials17.2%
- Technology16.5%
- Health Care12.4%
- Consumer Discr.11.8%
- Financials10.9%
- Energy7.5%
- Cons. Staples5.8%
- Materials5.7%
- Utilities5.2%
- Real Estate3.8%
- Communication3.4%
Geography
- United States95.88%
- Ireland1.19%
- Bermuda0.93%
- United Kingdom0.48%
- Cayman Islands0.43%
- Switzerland0.41%
- Luxembourg0.25%
- Brazil0.12%
- 0.30%
ONEO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +17.9% |
| 1 month | −3.9% |
| 3 months | −0.7% |
| 1 year | +18.8% |
| 3 years | +18.8% |
| 5 years | +10.3% |
| 10 years | +11.5% |
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 | +17.9% | |
| 2025 | +10.6% | |
| 2024 | +15.0% | |
| 2023 | +15.6% | |
| 2022 | −12.0% | |
| 2021 | +26.7% | |
| 2020 | +10.8% |
ONEO in the news
ETF.net Research hasn’t filed on ONEO yet — coverage lands here as it’s written.
ONEO Dividends
- 1.25%
- $1.89
- $0.49 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 23, 2026 | $0.49 |
| Jun 22, 2026 | Jun 24, 2026 | $0.46 |
| Mar 23, 2026 | Mar 25, 2026 | $0.49 |
| Dec 22, 2025 | Dec 24, 2025 | $0.45 |
| Sep 22, 2025 | Sep 24, 2025 | $0.41 |
| Jun 23, 2025 | Jun 25, 2025 | $0.42 |
| Mar 24, 2025 | Mar 26, 2025 | $0.40 |
| Dec 23, 2024 | Dec 26, 2024 | $0.46 |
| Sep 23, 2024 | Sep 25, 2024 | $0.40 |
| Jun 24, 2024 | Jun 26, 2024 | $0.36 |
| Mar 18, 2024 | Mar 21, 2024 | $0.32 |
| Dec 18, 2023 | Dec 21, 2023 | $0.42 |
ONEO Risk
- 14.1%
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.
- 0.92
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.
- 0.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ONEO Cost
- The middle half of US Multifactor funds
- Median 0.30%
29 of the 98 US Multifactor funds charge less.