State Street SPDR Russell 1000 Momentum Focus ETF
ONEO
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Dec 3, 2015
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR Russell 1000 Momentum Focus ETF (ONEO) is an exchange-traded fund that seeks to provide investment results, before fees and expenses, corresponding generally to the total return performance of the Russell 1000 Momentum Focused Factor Index. The fund employs a passive, representative sampling strategy to track the index, which measures the performance of large-capitalization U.S. equity securities from the Russell 1000 Index that demonstrate a combination of core factor characteristics—high value, high quality, and low size—with a primary focus on high momentum characteristics to capture potential excess returns from stocks exhibiting strong recent price performance trends. It offers investors exposure to approximately 923 holdings across diversified sectors including industrials (20.92%), technology (17.74%), consumer discretionary (17.15%), financials (11.65%), and health care (7.69%), with top holdings such as Cardinal Health Inc., Synchrony Financial, Jabil Inc., United Airlines Holdings Inc., and Flex Ltd.; the fund maintains a gross expense ratio of 0.20%, quarterly distributions, and assets under management of approximately $96-98 million. Launched on December 2, 2015, ONEO is issued by the SPDR Series Trust and managed by State Street Global Advisors (SSGA Funds Management, Inc.), with headquarters in Boston, Massachusetts, and primarily targets U.S. investors seeking multi-factor smart beta strategies in the large-cap equity segment. The fund operates geographically within the United States equity markets, with minor international exposure through holdings domiciled in countries such as Ireland, Britain, and Bermuda. Recent developments include regular quarterly dividend declarations, such as $0.4161 in late 2025 and prior distributions ranging from $0.3176 to $0.4678 over 2024-2025, alongside ongoing portfolio rebalancing to reflect index changes in constituent weightings and sector allocations as of September 30, 2025; no major acquisitions, partnerships, funding rounds, or structural reorganizations have been announced in the past 1-2 years.