ONEV - ETF AI Analysis
Top Page
SPDR Russell 1000 Low Volatility Focus ETF (ONEV)
Rating:70Outperform
Price Target:―
Positive Factors
Low Expense Ratio
The fund’s relatively low annual fee helps investors keep more of their returns over time.
Broad Sector Diversification
Holdings are spread across many sectors, including industrials, health care, consumer, financials, and technology, which helps reduce the impact if any one sector struggles.
Low-Volatility Focus With Positive Recent Performance
The ETF is designed to target lower-volatility stocks and has still delivered generally positive returns so far this year.
Negative Factors
Heavy U.S. Concentration
Almost all assets are invested in U.S. companies, offering very limited international diversification.
Mixed Performance Among Top Holdings
Several of the largest positions, including some health care and technology names, have shown weak or negative performance this year, which can drag on overall returns.
Limited Exposure to High-Growth Sectors
The fund’s low-volatility approach and relatively modest weighting in technology and communication services may cause it to lag more aggressive, growth-focused funds in strong bull markets.
ONEV vs. SPDR S&P 500 ETF (SPY)
AUM347.86M
RegionNorth America
Expense Ratio0.20%
Beta0.57
IssuerSPDR
Inception DateDec 02, 2015
Dividend Yield1.85%
Asset ClassEquity
Index TrackedRussell 1000 Low Volatility Focused Factor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume32,699
30 Day Avg. Volume29,310
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
162.96Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering447
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ONEV Summary
The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is a fund that follows the Russell 1000 Low Volatility Focused Factor Index, aiming to hold large, established U.S. companies that tend to have steadier stock prices. It owns a wide mix of sectors, including health care, industrials, and technology, with well-known names like Cardinal Health and McKesson. Someone might invest in ONEV to get broad stock market exposure while trying to reduce big price swings and smooth out the ride over time. A key risk is that it can still lose value and go up and down with the overall stock market.
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’s story is all about steady, low-drama leaders rather than headline-grabbing giants. Health care names like Cardinal Health and Humana are rising and doing much of the heavy lifting, while distributors such as McKesson and Cencora have been losing steam and quietly tugging on returns. On the tech side, Flex, HPE, and NetApp are climbing, giving the fund a helpful tailwind without turning it into a pure Big Tech bet. With a broadly diversified, U.S.-only mix, no single stock dominates, keeping the ride relatively smooth.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Allstate | 1.50% | $5.25M | $64.44B | 30.02% | 74 Outperform | |
| Progressive | 1.28% | $4.47M | $135.69B | -6.85% | 78 Outperform | |
| McKesson | 0.96% | $3.36M | $92.06B | 11.49% | 62 Neutral | |
| Arch Capital Group | 0.95% | $3.32M | $35.71B | 14.01% | 79 Outperform | |
| Cigna | 0.90% | $3.14M | $76.12B | -8.13% | 72 Outperform | |
| Cincinnati Financial | 0.83% | $2.90M | $29.70B | 29.41% | 76 Outperform | |
| Travelers Companies | 0.81% | $2.83M | $72.79B | 32.29% | 78 Outperform | |
| Hartford Insurance | 0.76% | $2.67M | $37.79B | 14.03% | 78 Outperform | |
| Kroger Company | 0.76% | $2.64M | $35.67B | -16.06% | 56 Neutral | |
| T Rowe Price | 0.72% | $2.50M | $25.40B | 20.47% | 75 Outperform |
ONEV Technical Analysis
Positive
―
Price Trends
140.51
Positive
138.68
Positive
135.67
Positive
Market Momentum
1.30
Negative
57.93
Neutral
47.12
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ONEV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 143.13, equal to the 50-day MA of 140.51, and equal to the 200-day MA of 135.67, indicating a bullish trend. The MACD of 1.30 indicates Negative momentum. The RSI at 57.93 is Neutral, neither overbought nor oversold. The STOCH value of 47.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ONEV.
ONEV Peer Comparison
Comparison Results
Performance Comparison
ONEV
SPDR Russell 1000 Low Volatility Focus ETF
144.30
15.55
12.08%
SPHB
Invesco S&P 500 High Beta ETF
―
―
―
QLC
FlexShares US Quality Large Cap Index Fund
―
―
―
DSPY
Tema S&P 500 Historical Weight ETF Strategy
―
―
―
FTQI
First Trust Hedged BuyWrite Income ETF
―
―
―
OMAH
VistaShares Target 15 Berkshire Select Income 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