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ONEO

SPDR Russell 1000 Momentum Focus ETF (ONEO)

Rating:71Outperform
Price Target:$167.00â–²(8.39% Upside)

ONEO’s rating suggests it is a solid, but not flawless, momentum-focused ETF, supported by several strong companies with improving fundamentals. Major holdings like Newmont, Delta Air Lines, Regeneron, Zoom, and Expedia contribute positively through robust financial performance, revenue growth, and generally favorable technical trends, which help drive the fund’s quality. However, positions such as McKesson and ADM introduce some drag due to leverage, profitability, and growth concerns, and investors should note the risk that the fund’s momentum focus can lead to higher volatility if market conditions shift.

Positive Factors
Strong Year-to-Date PerformanceThe ETF has delivered strong gains so far this year, showing that its momentum strategy has recently worked well for investors.
Broad Sector DiversificationHoldings are spread across many sectors like technology, industrials, health care, consumer, and financials, which helps reduce the impact of weakness in any single industry.
Low Expense RatioThe fund’s relatively low annual fee means more of the investment returns stay in investors’ pockets instead of going to costs.
Negative Factors
Heavy U.S. ConcentrationAlmost all of the ETF’s assets are invested in U.S. companies, offering very limited geographic diversification outside the United States.
Mixed Performance Among Top HoldingsWhile several top positions have shown strong or steady gains, at least one key holding has been weak this year, which can drag on overall results.
Small Asset BaseThe fund manages a relatively modest amount of money, which can sometimes lead to lower trading liquidity and higher bid-ask spreads for investors.

ONEO vs. SPDR S&P 500 ETF (SPY)

AUM
31.10M
Region
North America
Expense Ratio
0.20%
Beta
0.80
Issuer
SPDR
Inception Date
Dec 02, 2015
Dividend Yield
1.23%
Asset Class
Equity
Index Tracked
Russell 1000 Momentum Focused Factor Index

ONEO Summary

The SPDR Russell 1000 Momentum Focus ETF (ONEO) is a fund that follows the Russell 1000 Momentum Focused Factor Index, which picks large U.S. companies whose stock prices have been rising strongly. It spreads your money across many sectors, including technology, health care, and industrials. Well-known holdings include Allstate and Delta Air Lines. Someone might invest in ONEO to seek higher growth by focusing on stocks that have been doing well, while still getting broad diversification across the U.S. market. A key risk is that momentum stocks can fall quickly if recent winners suddenly go out of favor, so the fund’s value can move up and down sharply.

How much will it cost me?

This ETF has an expense ratio of 0.20%, which means you’ll pay about $2 per year for every $1,000 invested. That’s slightly higher than the cheapest broad index ETFs because it follows a more specialized, momentum-focused strategy rather than a plain, passively managed market index.

What would affect this ETF?

ONEO could benefit if the U.S. economy stays healthy, supporting large-cap companies in technology, industrials, health care, and consumer sectors, and if strong stock price trends continue for its momentum-focused holdings like McKesson, Regeneron, and Zoom. On the downside, rising interest rates, a slowdown in U.S. growth, or sharp reversals in momentum stocks—especially in more volatile areas like energy and consumer cyclical companies—could hurt performance.

ONEO Top 10 Holdings

ONEO is leaning into U.S. momentum names with a noticeable tilt toward health care and energy. McKesson and Regeneron are both rising steadily, giving the fund a solid defensive backbone, while Zoom adds a tech flavor with improving but still measured momentum. On the energy side, Ovintiv and Permian Resources have been powering ahead this year, acting like twin engines for performance. Offsetting some of that strength, Expedia has been lagging lately, and Anglogold Ashanti’s mixed results suggest it’s more of a passenger than a driver in this large-cap, U.S.-focused lineup.

ONEO top ten holdings
NameCompany NameWeight %Market ValueMarket CapYearly GainOverall Rating
AUAUAnglogold Ashanti PLC0.70%$218.91K$40.29B15.64%73Outperform
ALLALLAllstate0.66%$203.97K$65.71B35.43%74Outperform
ADMADMArcher Daniels Midland0.59%$183.79K$37.07B26.73%64Neutral
REGNREGNRegeneron0.57%$177.67K$95.51B41.87%78Outperform
MCKMCKMcKesson0.57%$176.56K$115.96B20.48%62Neutral
EXPEEXPEExpedia0.56%$175.58K$34.32B29.69%80Outperform
TSE:OVVTSE:OVVOvintiv――――60Neutral
ZMZMZoom Communications Inc0.53%$165.34K$27.87B13.23%81Outperform
PRPRPermian Resources0.53%$165.62K$21.79B109.67%81Outperform
NEMNEMNewmont Mining0.52%$161.33K$110.79B29.52%81Outperform

ONEO Technical Analysis

Technical Analysis SentimentPositive
Last Price154.07

Price Trends

50DMA152.59Positive
100DMA152.81Positive
200DMA145.89Positive

Market Momentum

MACD0.73Negative
RSI56.40Neutral
STOCH87.77Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ONEO, the sentiment is Positive. The current price of 154.07 is above the 20-day moving average (MA) of 152.61, above the 50-day MA of 152.59, and above the 200-day MA of 145.89, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 56.40 is Neutral, neither overbought nor oversold. The STOCH value of 87.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ONEO.

ONEO Peer Comparison

Comparison Results

ONEO against its peer funds
NamePricePrice TargetAUMExpense RatioOverall Rating
ONEOONEO$154.07$167.00(8.39% Upside)$31.10M0.20%71Outperform
PRMRPRMR$28.30$34.26(21.03% Upside)$93.63M1.00%73Outperform
SPXESPXE$80.85$100.26(24.00% Upside)$86.64M0.09%74Outperform
FCUSFCUS$36.61$47.16(28.82% Upside)$86.02M0.80%67Neutral
NULCNULC$54.91$68.30(24.38% Upside)$81.33M0.21%74Outperform
QARPQARP$68.79$79.92(16.18% Upside)$79.50M0.19%73Outperform

Performance Comparison

0%20%ONEOPRMRSPXEFCUSNULCQARPDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
ONEO and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
ONEOSPDR Russell 1000 Momentum Focus ETF154.0728.5322.72%
PRMRPeakShares RMR Prime Equity ETF28.303.3213.31%
SPXEProShares S&P 500 Ex-Energy ETF80.857.6010.37%
FCUSPinnacle Focused Opportunities ETF36.612.647.78%
NULCNuveen ESG Large-Cap ETF54.917.0014.61%
QARPXtrackers Russell 1000 US Quality at a Reasonable Price ETF68.7911.6020.27%
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.