Is State Street SPDR Russell 1000 Yield Focus ETF (ONEY) a Strong ETF Right Now?

Core Insights - The State Street SPDR Russell 1000 Yield Focus ETF (ONEY) offers broad exposure to the Style Box - Large Cap Value category and debuted on December 2, 2015 [1] Fund Overview - ONEY is managed by State Street Investment Management and has accumulated assets over $837.22 million, positioning it as an average-sized ETF in its category [5] - The fund aims to match the performance of the Russell 1000 Yield Focused Factor Index, which targets large-cap U.S. equity securities with high value, high quality, and low size characteristics [6] Cost and Performance - ONEY has an annual operating expense ratio of 0.20%, making it one of the cheaper options in the market [7] - The fund has a 12-month trailing dividend yield of 3.09% [7] - As of November 14, 2025, the ETF has a return of approximately 5.68% and has increased by about 1.38% year-to-date [11] Sector Exposure and Holdings - The ETF has the largest allocation in the Consumer Staples sector, comprising about 13% of the portfolio, followed by Industrials and Financials [8] - United Parcel Service Cl B (UPS) represents about 2.04% of the fund's total assets, with the top 10 holdings accounting for approximately 13.52% of total assets under management [9] Alternatives - Other ETFs in the same space include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), with SCHD having $70.25 billion in assets and VTV at $151.24 billion [13] - SCHD has an expense ratio of 0.06% and VTV has 0.04%, presenting lower-cost alternatives for investors [13]