ONEO - ETF AI Analysis

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SPDR Russell 1000 Momentum Focus ETF (ONEO)

Rating:71Outperform

Price Target:―

ONEO, the SPDR Russell 1000 Momentum Focus ETF, has an overall rating that suggests it is a solid but not flawless choice, driven largely by strong momentum and financial performance in key technology and AI-related holdings like Micron and Lam Research, which benefit from robust earnings, AI demand, and generally supportive technical trends. Additional support comes from companies such as Western Digital and Flex, where improving fundamentals and strategic growth initiatives help lift the fund’s quality, though some holdings like McKesson and Aptiv introduce risks due to leverage, profitability pressures, and signs of potential overvaluation. The main risk factor is the fund’s reliance on momentum in sectors tied to AI, semiconductors, and select cyclicals, which can make performance more sensitive to shifts in market sentiment and macroeconomic conditions.

Positive Factors

Strong Recent Performance

The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.

Momentum-Driven Top Holdings

Several of the largest holdings, especially in technology and related areas, have delivered strong year-to-date performance, helping support the fund’s returns.

Broad Sector Diversification

The fund spreads its investments across many sectors, including technology, industrials, consumer, health care, and financials, which helps reduce the impact of weakness in any single industry.

Negative Factors

Small Asset Base

The ETF manages a relatively modest amount of assets, which can sometimes lead to lower trading volume and wider bid-ask spreads for investors.

Heavy U.S. Concentration

With almost all of its holdings in U.S. companies, the fund offers very limited geographic diversification and is highly tied to the U.S. market.

Mixed Performance Among Top Holdings

While many top positions have been strong performers, at least one notable holding has been weak year-to-date, which can drag on overall results.

ONEO vs. SPDR S&P 500 ETF (SPY)

AUM27.90M

RegionNorth America

Expense Ratio0.20%

Beta0.86

IssuerSPDR

Inception DateDec 02, 2015

Dividend Yield1.2%

Asset ClassEquity

Index TrackedRussell 1000 Momentum Focused Factor Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume355

30 Day Avg. Volume10,779

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

156.53

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering905

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

ONEO Summary

The SPDR Russell 1000 Momentum Focus ETF (ONEO) is a fund that follows the Russell 1000 Momentum Focused Factor Index, which picks large U.S. companies whose stock prices have been rising strongly. It holds many different sectors, including technology, health care, and consumer companies. Well-known names in the fund include Micron and Dollar General. Someone might invest in ONEO if they want broad U.S. stock market exposure with an extra tilt toward faster-growing, higher-momentum stocks. A key risk is that momentum stocks can fall quickly when trends reverse, so the price can move up and down more than the overall market.

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

ONEO is leaning hard into U.S. tech and chip names, with Micron and Lam Research acting as powerful engines thanks to their strong, AI-fueled momentum. Monolithic Power and Western Digital are also rising, giving the fund an extra semiconductor tailwind. On the industrial and manufacturing side, Jabil and Flex are steady contributors, while McKesson and Dollar General add a more defensive flavor from health care and consumer spending. The main drag right now is Synchrony Financial, which is lagging and slightly dulling the fund’s otherwise upbeat, tech-tilted story.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
WDC	Western Digital	1.07%	$299.58K	$89.02B	325.07%	77 Outperform
MCK	McKesson	0.83%	$231.93K	$114.55B	61.73%	62 Neutral
DG	Dollar General	0.73%	$202.70K	$32.19B	99.66%	73 Outperform
MPWR	Monolithic Power	0.70%	$196.43K	$54.71B	72.44%	75 Outperform
FLEX	Flex	0.64%	$178.34K	$23.64B	53.62%	74 Outperform
JBL	Jabil	0.59%	$164.68K	$27.34B	57.53%	73 Outperform
MU	Micron	0.57%	$158.26K	$420.10B	318.30%	79 Outperform
LDOS	Leidos Holdings	0.55%	$153.63K	$24.90B	42.18%	77 Outperform
TER	Teradyne	0.55%	$152.14K	$47.75B	177.94%	71 Outperform
APTV	Aptiv	0.54%	$151.06K	$18.12B	27.38%	70 Outperform

ONEO Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

133.15

Positive

100DMA

130.20

Positive

200DMA

126.24

Positive

Market Momentum

MACD

1.75

Negative

RSI

71.33

Negative

STOCH

99.58

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 136.52, equal to the 50-day MA of 133.15, and equal to the 200-day MA of 126.24, indicating a bullish trend. The MACD of 1.75 indicates Negative momentum. The RSI at 71.33 is Negative, neither overbought nor oversold. The STOCH value of 99.58 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
ONEO	―	―	$27.90M	0.20%	―
ALTL	―	―	$98.73M	0.60%	―
UPSD	―	―	$97.96M	0.79%	―
XOEX	―	―	$95.87M	0.15%	―
LVDS	―	―	$95.82M	0.30%	―
RWLC	―	―	$88.61M	0.32%	―

Performance Comparison

ONEO

SPDR Russell 1000 Momentum Focus ETF

140.23

18.88

15.56%

ALTL

Pacer Lunt Large Cap Alternator ETF

―

UPSD

Aptus Large Cap Upside ETF

―

XOEX

Xtrackers S&P 100 Ex Top 20 ETF

―

LVDS

JPMorgan Fundamental Data Science Large Value ETF

―

RWLC

Rayliant Quantitative Developed Market Equity 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.

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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