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.
SPDR® Russell 1000® Yield Focus ETF ONEY
Morningstar’s Analysis ONEY
Will ONEY outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Bristol-Myers Squibb Co | 1.98 | 15.4 Mil | Healthcare |
Ford Motor Co | 1.54 | 12.0 Mil | Consumer Cyclical |
Diamondback Energy Inc | 1.49 | 11.6 Mil | Energy |
Altria Group Inc | 1.38 | 10.8 Mil | Consumer Defensive |
Archer-Daniels Midland Co | 1.25 | 9.8 Mil | Consumer Defensive |
Devon Energy Corp | 1.23 | 9.6 Mil | Energy |
PACCAR Inc | 1.23 | 9.6 Mil | Industrials |
Gilead Sciences Inc | 1.18 | 9.2 Mil | Healthcare |
EOG Resources Inc | 1.15 | 9.0 Mil | Energy |
Sysco Corp | 1.12 | 8.7 Mil | Consumer Defensive |