ONEOSPDR Russell 1000 Momentum Focus ETF
ONEO Fund Description
ONEO tracks an index of large-cap stocks from the Russell 1000 Index, selected and weighted by four factors (value, quality, small size and momentum) that are scaled by market cap.
ONEO Factset Analytics Insight
ONEO doesn't focus solely on high-momentum stocks, despite its name. Rather, the fund is part of a suite of ETFs (along with ONEV and ONEY) that scores the members of the Russell 1000 index on three "core" factors (value, quality and small size) and one "focus" factor—in this case, momentum. These factor scores are scaled by market cap to determine weighting, and holdings with weights below a certain threshold get dropped from the index. The result is a portfolio that loosely resembles the broad market, but with emphasis on the four factors, including momentum. ONEO's Russell 1000 lineage means it holds a significant contingent of midcaps, a condition that's amplified by the small size factor tilt. The index is rebalanced semi-annually.
ONEO MSCI ESG Analytics Insight
SPDR Russell 1000 Momentum Focus ETF has an MSCI ESG Fund Rating of A based on a score of 6.24 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR Russell 1000 Momentum Focus ETF ranks in the 58th percentile within its peer group and in the 89th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ONEO MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
ONEO Summary Data
ONEO Portfolio Data
ONEO Index Data
ONEO Portfolio Management
ONEO Tax Exposures
ONEO Fund Structure
ONEO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ONEO. ONEO is rated a 5 out of 5.
ONEO Sector/Industry Breakdown
ONEO Economic Development
ONEO Performance Statistics
ONEO MSCI ESG Ratings
ONEO Benchmark Comparison Summary
ONEO Benchmark Comparison Market Cap Size