2024-05-05 11:22:03 ET
Summary
- SPDR Russell 1000 Yield Focus ETF has a portfolio of 300 dividend stocks with quality and value characteristics.
- The portfolio is heavily invested in US mid-cap companies, and well-diversified across sectors and holdings.
- ONEY's valuation is attractive, but some quality metrics look average despite the strategy description, performance is unconvincing and volatility is high.
ONEY strategy
SPDR Russell 1000 Yield Focus ETF ( ONEY ) started investing operations on 12/02/2015 and tracks the Russell 1000 Yield Focused Factor Index. It has 300 holdings, a 30-day SEC yield of 3.32% and an expense ratio of 0.20%. Distributions are paid quarterly....
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ONEY: Unconvincing Multi-Factor Dividend ETF