Core Insights - The State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is designed to provide broad exposure to the Large Cap Blend segment of the US equity market, launched on December 2, 2015, with assets exceeding $566.23 million [1] Group 1: Large Cap Blend Characteristics - Large cap companies typically have a market capitalization above $10 billion, offering more predictable cash flows and lower volatility compared to mid and small cap companies [2] - Blend ETFs hold a mix of growth and value stocks, as well as stocks exhibiting both characteristics [2] Group 2: Costs and Performance - ONEV has an annual operating expense ratio of 0.2%, which is competitive within its peer group, and a 12-month trailing dividend yield of 1.94% [3] - The ETF aims to match the performance of the Russell 1000 Low Volatility Focused Factor Index, which includes large-cap U.S. equity securities with low volatility characteristics [6] - As of November 20, 2025, ONEV has increased approximately 4.77% year-to-date and 1.57% over the past year, with a trading range of $114.16 to $135.42 in the last 52 weeks [7] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 20.3% of the portfolio, followed by Healthcare and Financials [4] - Cardinal Health Inc accounts for approximately 1.33% of total assets, with the top 10 holdings representing about 9.38% of total assets under management [5] Group 4: Alternatives and Market Position - ONEV holds a Zacks ETF Rank of 2 (Buy), indicating favorable expected returns based on various factors [8] - Other comparable ETFs include the iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO), with assets of $707.15 billion and $778.80 billion respectively, both having an expense ratio of 0.03% [9] Group 5: Investment Appeal - Passively managed ETFs like ONEV are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency [10]

Core Insights - The State Street SPDR Russell 1000 Low Volatility Focus ETF (ONEV) debuted on December 2, 2015, and provides broad exposure to the Style Box - Large Cap Blend category of the market [1] Fund Overview - ONEV is managed by State Street Investment Management and has accumulated assets exceeding $579.23 million, positioning it as an average-sized ETF in its category [5] - The ETF aims to match the performance of the Russell 1000 Low Volatility Focused Factor Index, which includes large-cap U.S. equity securities with high value, high quality, and low size characteristics, focusing on low volatility [6] Cost Structure - ONEV has annual operating expenses of 0.20%, which is competitive with most peer products in the same space [7] - The fund's 12-month trailing dividend yield is 1.89% [7] Sector Exposure and Holdings - The ETF has a significant allocation in the Industrials sector, comprising approximately 20.7% of the portfolio, followed by Healthcare and Financials [8] - Cardinal Health Inc (CAH) represents about 1.33% of the fund's total assets, with the top 10 holdings accounting for around 9.38% of total assets under management [9] Performance Metrics - As of November 12, 2025, ONEV has increased by approximately 7.23% and is up about 1.3% year-to-date [11] - The ETF has traded between $114.16 and $135.42 over the past 52 weeks, with a beta of 0.89 and a standard deviation of 13.08% for the trailing three-year period [11] Alternatives - ONEV is considered a strong option for investors looking to outperform the Style Box - Large Cap Blend segment, with alternatives such as iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO) available for consideration [12][13]