State Street SPDR Russell 1000 Yield Focus ETF (ONEY) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
ONEY has IPO date of 2015-12-03, listed on the NYSE, a market capitalization of $847.28M.
The State Street SPDR Russell 1000 Yield Focus ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Yield Focused Factor Index (the "Index")Seek to harness the full power of factor investing to meet specific investor objectives and address some of the main motivations for using smart beta: in the case of ONEY, income generation (yield)The focus on income potentially enables the collection of above average dividend payments to boost total returns and provide a diversified source of incomeMulti-factor smart beta strategies can bridge the gap between active and passive management, providing an opportunity for investors to rethink exposures and potentially maximize risk-adjusted returns more efficiently
