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ONEO - ETF AI Analysis
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SPDR Russell 1000 Momentum Focus ETF (ONEO)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, such as Flex and Newmont Mining, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Industrials, and Consumer Cyclical, reducing reliance on any single industry.
Low Expense Ratio
The fund’s expense ratio of 0.2% is relatively low, making it cost-effective for investors.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with over 99% of its exposure in the U.S., limiting international diversification.
Mixed Performance Among Holdings
Some holdings, such as Zoom Video Communications and United Airlines, have shown weak year-to-date performance, which could drag on overall returns.
Small Asset Base
The fund’s relatively small assets under management may result in lower liquidity compared to larger ETFs.
ONEO vs. SPDR S&P 500 ETF (SPY)
AUM97.11M
RegionNorth America
Expense Ratio0.20%
Beta0.88
IssuerSPDR
Inception DateDec 02, 2015
Dividend Yield1.31%
Asset ClassEquity
Index TrackedRussell 1000 Momentum Focused Factor Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume311
30 Day Avg. Volume554
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
147.93Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering920
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ONEO Summary
The SPDR Russell 1000 Momentum Focus ETF (Ticker: ONEO) is an investment fund that focuses on large U.S. companies showing strong recent stock price growth, following the Russell 1000 Momentum Focus Index. It includes well-known companies like Cardinal Health and Synchrony Financial, and covers sectors such as technology, industrials, and consumer cyclical. Investors might consider ONEO for potential growth by targeting stocks with upward momentum trends. However, it’s important to note that this ETF’s performance depends on market conditions, and momentum stocks can lose value quickly if trends reverse.
How much will it cost me?The SPDR Russell 1000 Momentum Focus ETF (Ticker: ONEO) has an expense ratio of 0.2%, meaning you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds, as it tracks an index and focuses on a specific strategy rather than frequent trading decisions.
What would affect this ETF?The SPDR Russell 1000 Momentum Focus ETF (ONEO) could benefit from strong performance in sectors like Technology and Industrials, which are heavily weighted in the fund, especially if innovation and economic growth drive demand in these areas. However, rising interest rates or economic slowdowns could negatively impact momentum-driven stocks, particularly in cyclical sectors like Consumer Cyclical and Financials. Regulatory changes or geopolitical tensions in the U.S., where the fund is geographically focused, could also influence its future performance.
ONEO Top 10 Holdings
The SPDR Russell 1000 Momentum Focus ETF leans heavily into U.S. large-cap stocks, with a notable tilt toward technology and industrials. Cardinal Health and McKesson are steady performers, buoyed by strong earnings and strategic growth, while Comfort Systems USA is rising fast, adding a spark to the fund’s momentum. On the flip side, United Airlines and Zoom are lagging, weighed down by mixed technical indicators and debt concerns. With its sector concentration and momentum-driven approach, the fund is positioned to benefit from leaders in healthcare and industrial innovation, though some names are holding back its full potential.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Cardinal Health | 1.34% | $1.30M | $48.74B | 66.41% | 64 Neutral | |
| Synchrony Financial | 0.87% | $842.30K | $28.41B | 17.48% | 72 Outperform | |
| United Airlines Holdings | 0.80% | $776.32K | $33.79B | 8.97% | 68 Neutral | |
| Flex | 0.76% | $740.83K | $21.23B | 46.24% | 66 Neutral | |
| Cencora | 0.76% | $740.07K | $68.03B | 40.24% | 76 Outperform | |
| Jabil | 0.75% | $728.64K | $22.65B | 54.97% | 61 Neutral | |
| McKesson | 0.67% | $653.79K | $102.41B | 34.27% | 72 Outperform | |
| Comfort Systems | 0.64% | $621.33K | $33.01B | 88.76% | 75 Outperform | |
| Zoom Video Communications | 0.61% | $595.91K | $25.04B | 2.34% | 81 Outperform | |
| Newmont Mining | 0.60% | $586.48K | $98.74B | 117.66% | 81 Outperform |
ONEO Technical Analysis
Positive
―
Price Trends
127.68
Positive
126.92
Positive
121.81
Positive
Market Momentum
0.21
Negative
55.09
Neutral
88.78
Negative
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 undefined is equal to the 20-day moving average (MA) of 126.99, equal to the 50-day MA of 127.68, and equal to the 200-day MA of 121.81, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 55.09 is Neutral, neither overbought nor oversold. The STOCH value of 88.78 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
Performance Comparison
ONEO
SPDR Russell 1000 Momentum Focus ETF
128.57
2.39
1.89%
UPSD
Aptus Large Cap Upside ETF
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―
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BCUS
Bancreek U.S. Large Cap ETF
―
―
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HUSV
First Trust Horizon Managed Volatility Domestic ETF
―
―
―
QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
―
―
―
PRCS
Parnassus Core Select ETF
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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.Date of analysis: ―
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