Morningstar

SPDR® Russell 1000® Yield Focus ETF ONEY ETF Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis ONEY

Will ONEY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ONEY’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ONEY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ONEY’s parent organization’s priorities and whether they’re in line with investors’ interests.

A smart high-yield portfolio.

Analyst Ryan Jackson

Ryan Jackson

Analyst

Summary

We have qualitatively reviewed this strategy and reaffirmed its Above Average Process and People ratings. SPDR Russell 1000 Yield Focus ETF combats key risks that come with investing in high-yield stocks. Its low fee and pointed exposure to the value, quality, and small-size factors should give it a performance edge over the Russell Mid Cap Value. The following text is from July 3, 2023.

by Ryan Jackson
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