ONEV - SPDR Russell 1000 Low Volatility Focus ETF
|Ex-Dividend Date||Mar 22, 2021|
|Trading Day||April 20|
|Day's Range||102.15 - 102.67|
|52-Week Range||62.07 - 103.46|
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics.
|Asset Class |
|Inception Date |
Dec 2, 2015
|Ticker Symbol |
|Index Tracked |
Russell 1000 Low Volatility Focused Factor Index
Top 10 Holdings9.56% of assets
|Hewlett Packard Enterprise Co.||HPE||0.79%|
|Mar 22, 2021||$0.376||Mar 25, 2021|
|Dec 21, 2020||$0.591||Dec 24, 2020|
|Sep 21, 2020||$0.317||Sep 24, 2020|
|Jun 22, 2020||$0.363||Jun 25, 2020|
|Mar 23, 2020||$0.405||Mar 26, 2020|
|Dec 23, 2019||$0.662||Dec 27, 2019|
After an astounding rally for the past couple of months, Wall Street is stuck in a vicious circle of volatility caused by fears of a second wave of coronavirus cases and the Fed's grim economic outlook.
Investors look complacent about the market rally as they find the virus fears to be is overblown. If the situation takes a turn for the worse, it would be wise to bet on undervalued and low-beta ETFs.
This low volatility ETF hits a new 52-week high. Are more gains in store for this ETF?
September is historically the worst month for the stock market. According to Dow Jones Market Data, the Dow Jones Industrial Average and the S&P 500 have witnessed average declines of 1% each since 1937.