ONEV - ETF AI Analysis
Top Page
SPDR Russell 1000 Low Volatility Focus ETF (ONEV)
Rating:70Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown strong gains so far this year and in recent months, indicating positive momentum.
Low Volatility Focus
The fund is designed to target lower-volatility stocks, which can help smooth out returns during market ups and downs.
Broad Sector Diversification
Holdings spread across financials, industrials, health care, consumer sectors, technology, real estate, utilities, and more help reduce the impact of weakness in any single industry.
Negative Factors
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification outside the United States.
Mixed Performance Among Top Holdings
While several major positions have delivered strong gains, a few key holdings have shown weaker or negative performance, which can drag on overall returns.
Moderate Expense Ratio
The fund’s fees are not extremely high but are also not the lowest available, meaning a small portion of returns goes toward costs each year.
ONEV vs. SPDR S&P 500 ETF (SPY)
AUM304.79M
RegionNorth America
Expense Ratio0.20%
Beta0.57
IssuerSPDR
Inception DateDec 02, 2015
Dividend Yield1.79%
Asset ClassEquity
Index TrackedRussell 1000 Low Volatility Focused Factor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume12,601
30 Day Avg. Volume20,747
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
166.98Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering445
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ONEV Summary
The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is a U.S. stock fund that follows the Russell 1000 Low Volatility Focused Factor Index. It mainly holds large, established American companies chosen for having steadier price movements than the overall market. Well-known names in the fund include Allstate and Kroger. Someone might invest in ONEV to get broad exposure to many sectors while aiming for a smoother ride than a typical large-cap stock fund. However, it can still lose value and will go up and down with the stock market over time.
How much will it cost me?The SPDR Russell 1000 Low Volatility Focus ETF (Ticker: ONEV) has an expense ratio of 0.2%, which means you’ll pay $2 per year for every $1,000 invested. This cost is lower than average for actively managed funds but slightly higher than many passively managed ETFs, as it focuses on a specific strategy of minimizing volatility.
What would affect this ETF?The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) could benefit from stable economic conditions and increased investor interest in large-cap, low-volatility stocks, particularly in sectors like healthcare and technology that are known for resilience. However, rising interest rates or economic uncertainty could negatively impact sectors like financials and consumer cyclical, which are sensitive to broader market conditions. Regulatory changes or disruptions in the U.S. market, where the ETF is heavily focused, could also pose risks.
ONEV Top 10 Holdings
ONEV is leaning heavily on steady, low-drama U.S. insurers and health names, with Allstate, Travelers, and McKesson doing much of the heavy lifting as their shares have been rising over the past few months. Arch Capital and Progressive are more mixed, recently losing a bit of steam but still contributing to the fund’s defensive feel. On the softer side, Kroger has been lagging, acting more like a brake than an engine. Overall, the ETF is U.S.-centric and tilted toward financials and health care rather than flashy tech high-flyers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Allstate | 1.54% | $4.70M | $65.63B | 28.80% | 74 Outperform | |
| Progressive | 1.21% | $3.67M | $127.23B | -10.21% | 78 Outperform | |
| McKesson | 1.10% | $3.36M | $105.86B | 32.09% | 62 Neutral | |
| Arch Capital Group | 0.91% | $2.77M | $33.47B | 7.46% | 79 Outperform | |
| Cigna | 0.87% | $2.64M | $74.65B | -7.46% | 72 Outperform | |
| Cognizant | 0.87% | $2.64M | $28.07B | -13.24% | 79 Outperform | |
| Travelers Companies | 0.86% | $2.62M | $77.04B | 34.20% | 78 Outperform | |
| Comcast | 0.78% | $2.36M | $94.00B | -21.88% | 74 Outperform | |
| Hartford Insurance | 0.76% | $2.32M | $37.48B | 5.09% | 78 Outperform | |
| Kroger Company | 0.74% | $2.27M | $35.90B | -13.52% | 56 Neutral |
ONEV Technical Analysis
Neutral
―
Price Trends
148.09
Positive
143.76
Positive
139.50
Positive
Market Momentum
0.36
Positive
48.17
Neutral
27.51
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ONEV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 150.31, equal to the 50-day MA of 148.09, and equal to the 200-day MA of 139.50, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 48.17 is Neutral, neither overbought nor oversold. The STOCH value of 27.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ONEV.
ONEV Peer Comparison
Comparison Results
Performance Comparison
ONEV
SPDR Russell 1000 Low Volatility Focus ETF
149.10
18.32
14.01%
IUS
Invesco RAFI Strategic US ETF
―
―
―
CVLC
Calvert US Large-Cap Core Responsible Index ETF
―
―
―
FTQI
First Trust Hedged BuyWrite Income ETF
―
―
―
SPHB
Invesco S&P 500 High Beta ETF
―
―
―
INFO
Harbor PanAgora Dynamic Large Cap Core ETF
―
―
―
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.
DisclaimerThis 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.Date of analysis: ―
Table of Contents