SPDR Russell 1000 Low Volatility Focus ETF (ONEV)
ONEV is a passive ETF by State Street tracking the investment results of the Russell 1000 Low Volatility Focused Factor (TR). ONEV launched on Dec 2, 2015 and has a 0.20% expense ratio.
ETF Info
| ISIN | US78468R7540 |
|---|---|
| CUSIP | 78468R754 |
| Issuer | State Street |
| Inception Date | Dec 2, 2015 |
| Region | North America (U.S.) |
| Category | Volatility Hedged Equity |
| Leveraged | 1x |
| Index Tracked | Russell 1000 Low Volatility Focused Factor (TR) |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
ONEV has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ONEV vs. ONEY, ONEV vs. RFV, ONEV vs. ONEO, ONEV vs. VTV, ONEV vs. VOE, ONEV vs. SDY, ONEV vs. OMFL, ONEV vs. VOO, ONEV vs. SPY, ONEV vs. FDLO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Russell 1000 Low Volatility Focus ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Russell 1000 Low Volatility Focus ETF had a return of 13.05% year-to-date (YTD) and 23.69% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.05% | 19.77% |
| 1 month | -0.82% | -0.67% |
| 6 months | 8.18% | 10.27% |
| 1 year | 23.69% | 31.07% |
| 5 years (annualized) | 10.83% | 13.22% |
| 10 years (annualized) | N/A | 10.92% |
Monthly Returns
The table below presents the monthly returns of ONEV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.43% | 4.24% | 4.94% | -5.64% | 2.49% | -1.13% | 6.11% | 2.28% | 1.62% | -1.74% | 13.05% | ||
| 2023 | 5.86% | -2.45% | -0.25% | 0.23% | -4.51% | 7.91% | 2.89% | -2.33% | -3.43% | -3.41% | 7.59% | 5.59% | 13.28% |
| 2022 | -5.68% | -1.36% | 3.65% | -5.13% | 1.35% | -6.72% | 7.69% | -3.86% | -8.95% | 9.65% | 7.07% | -4.05% | -8.16% |
| 2021 | -0.89% | 4.79% | 6.94% | 4.47% | 1.36% | -0.74% | 2.23% | 2.35% | -4.72% | 5.26% | -1.86% | 7.46% | 29.19% |
| 2020 | -1.54% | -9.85% | -17.99% | 11.68% | 5.67% | 0.65% | 5.06% | 3.47% | -2.29% | 0.20% | 11.27% | 4.16% | 6.66% |
| 2019 | 8.78% | 3.67% | 0.84% | 3.82% | -4.74% | 6.80% | 1.12% | -2.20% | 3.35% | 1.17% | 3.37% | 1.77% | 30.66% |
| 2018 | 3.39% | -3.36% | -0.79% | -0.59% | 1.28% | 1.82% | 2.54% | 2.61% | 0.14% | -5.26% | 2.21% | -8.67% | -5.30% |
| 2017 | 2.14% | 4.01% | -0.23% | 0.48% | 0.19% | 1.26% | 0.90% | -1.03% | 2.04% | 1.72% | 4.89% | 0.53% | 18.12% |
| 2016 | -4.17% | 1.67% | 8.00% | 0.26% | 1.04% | -0.37% | 5.58% | -0.05% | -0.85% | -2.56% | 5.10% | -0.67% | 13.02% |
| 2015 | -0.85% | -0.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ONEV is 72, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Russell 1000 Low Volatility Focus ETF (ONEV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Russell 1000 Low Volatility Focus ETF provided a 1.72% dividend yield over the last twelve months, with an annual payout of $2.20 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.20 | $2.05 | $1.85 | $1.65 | $1.68 | $1.79 | $1.44 | $5.02 | $1.33 | $0.05 |
Dividend yield | 1.72% | 1.79% | 1.80% | 1.44% | 1.87% | 2.07% | 2.14% | 6.91% | 2.02% | 0.08% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Russell 1000 Low Volatility Focus ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $1.54 | |
| 2023 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.65 | $2.05 |
| 2022 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.59 | $1.85 |
| 2021 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.50 | $1.65 |
| 2020 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.59 | $1.68 |
| 2019 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.66 | $1.79 |
| 2018 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.42 | $1.44 |
| 2017 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $4.11 | $5.02 |
| 2016 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.38 | $1.33 |
| 2015 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Russell 1000 Low Volatility Focus ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR Russell 1000 Low Volatility Focus ETF was 39.72%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current SPDR Russell 1000 Low Volatility Focus ETF drawdown is 2.45%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.72% | Jan 21, 2020 | 44 | Mar 23, 2020 | 166 | Nov 16, 2020 | 210 |
| -18.52% | Dec 30, 2021 | 190 | Sep 30, 2022 | 199 | Jul 19, 2023 | 389 |
| -16.83% | Sep 24, 2018 | 58 | Dec 24, 2018 | 66 | Apr 1, 2019 | 124 |
| -10.97% | Dec 8, 2015 | 19 | Jan 20, 2016 | 25 | Mar 16, 2016 | 44 |
| -10.91% | Jul 26, 2023 | 67 | Oct 27, 2023 | 32 | Dec 13, 2023 | 99 |
Volatility
Volatility Chart
The current SPDR Russell 1000 Low Volatility Focus ETF volatility is 2.61%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.