- ISIN
- US78468R7540
- CUSIP
- 78468R754
- Issuer
- State Street
- Inception Date
- Dec 2, 2015
- Region
- North America (U.S.)
- Category
- Volatility Hedged Equity
- Leveraged
- 1x (No leverage)
- Index Tracked
- Russell 1000 Low Volatility Focused Factor (TR)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $385M
Share Price Chart
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Performance
ONEV Performance Chart
SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is up 6.7% since the beginning of the year. ONEV is currently trading at $141 per share. Investors who bought $1,000 worth of ONEV shares 5 years ago would now be looking at an investment worth $1,502.
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Returns By Period
SPDR Russell 1000 Low Volatility Focus ETF (ONEV) has returned 6.74% so far this year and 13.40% over the past 12 months. Over the last ten years, ONEV has returned 11.41% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
SPDR Russell 1000 Low Volatility Focus ETF
- 1D
- 0.06%
- 1M
- 0.86%
- YTD
- 6.74%
- 6M
- 5.55%
- 1Y
- 13.40%
- 3Y*
- 12.49%
- 5Y*
- 8.48%
- 10Y*
- 11.41%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ONEV Monthly Returns History
Based on dividend-adjusted daily data since Dec 3, 2015, ONEV's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +11.7%, while the worst month was Mar 2020 at -18.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, ONEV closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.08% | 4.14% | -5.74% | 4.01% | 0.67% | 0.75% | 6.74% | ||||||
| 2025 | 3.20% | -0.28% | -1.41% | -2.03% | 2.67% | 1.69% | -0.10% | 3.65% | 0.04% | -1.74% | 3.16% | -0.75% | 8.14% |
| 2024 | -0.43% | 4.24% | 4.94% | -5.64% | 2.49% | -1.13% | 6.11% | 2.28% | 1.62% | -1.74% | 6.19% | -6.75% | 11.76% |
| 2023 | 5.86% | -2.45% | -0.25% | 0.23% | -4.51% | 7.90% | 2.89% | -2.33% | -3.43% | -3.41% | 7.59% | 5.59% | 13.28% |
| 2022 | -5.68% | -1.37% | 3.65% | -5.13% | 1.35% | -6.72% | 7.69% | -3.86% | -8.95% | 9.65% | 7.07% | -4.05% | -8.15% |
| 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% |
Benchmark Metrics
SPDR Russell 1000 Low Volatility Focus ETF has an annualized alpha of 1.12%, beta of 0.80, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since December 03, 2015.
- This ETF participated in 91.67% of S&P 500 Index downside but only 86.86% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.12%
- Beta
- 0.80
- R²
- 0.73
- Upside Capture
- 86.86%
- Downside Capture
- 91.67%
Expense Ratio
ONEV has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
ONEV ranks 35 for risk / return — below 35% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SPDR Russell 1000 Low Volatility Focus ETF (ONEV) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ONEV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.37 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 2.78 | -1.05 |
| Martin ratioReturn relative to average drawdown | 5.91 | 12.44 | -6.53 |
Dividends
Dividend History
SPDR Russell 1000 Low Volatility Focus ETF provided a 2.31% dividend yield over the last twelve months, with an annual payout of $3.25 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.25 | $2.42 | $2.36 | $2.05 | $1.85 | $1.65 | $1.68 | $1.79 | $1.44 | $5.02 | $2.45 | $0.12 |
Dividend yield | 2.31% | 1.81% | 1.88% | 1.79% | 1.80% | 1.44% | 1.87% | 2.07% | 2.14% | 6.91% | 3.73% | 0.21% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.76 | $1.34 | ||||||
| 2025 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.72 | $2.42 |
| 2024 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.82 | $2.36 |
| 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 |
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.
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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 1.84%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.72%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
Bear market2022 | -18.52%Sep 2022 | 9mo 4d | 9mo 22d | 1y 6moDec 2021 - Jul 2023 |
Rate-hike selloffLate 2018 | -16.83%Dec 2018 | 3mo 1d | 3mo 8d | 6mo 9dSep 2018 - Apr 2019 |
2025 selloff2025 | -14.81%Apr 2025 | 4mo 7d | 4mo 7d | 8mo 14dDec 2024 - Aug 2025 |
2023 correction2023 | -10.91%Oct 2023 | 3mo 3d | 1mo 17d | 4mo 20dJul 2023 - Dec 2023 |
Drawdown Indicators
| ONEV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.72% | -56.78% | +17.06% |
Max Drawdown (1Y)Largest decline over 1 year | -7.75% | -9.10% | +1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -14.81% | -18.90% | +4.09% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -25.43% | +6.91% |
Max Drawdown (10Y)Largest decline over 10 years | -39.72% | -33.92% | -5.80% |
Current DrawdownCurrent decline from peak | -1.84% | -1.80% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -3.89% | -10.71% | +6.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 2.03% | +0.24% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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