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SPDR Russell 1000® ETF

Fund Objective

The SPDR® Russell 1000® ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000® Index.

Ordinary brokerage commissions may apply.

Fund Information

As of   01/19/2017
Ticker Symbol ONEK
Primary Benchmark Russell 1000 Index
CUSIP 78464A854
Options Available No
Gross Expense Ratio

The gross expense ratio is the fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Inception Date 11/08/2005
Investment Manager SSGA Funds Management, Inc.
Management Team Global Equity Beta Solutions
Distributor State Street Global Markets, LLC
Distribution Frequency Quarterly

Fund Characteristics

As of   01/18/2017
Est. 3-5 Year EPS Growth

The Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

Number of Holdings 1,001
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund’s portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

Closing price divided by the sum of the forecasted fiscal year earnings per share.

Weighted Average Market Cap $137,470.98 M


As of   01/17/2017
30 Day SEC Yield

30 Day SEC Yield (Standardized Yield) 

An annualized yield that is calculated by dividing the investment income earned by the fund less expenses over the most recent 30-day period by the current maximum offering price.

Fund Dividend Yield

Fund Dividend Yield is the sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Index Dividend Yield

Index Dividend Yield is the weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.


Index Characteristics

As of   01/18/2017
Est. 3-5 Year EPS Growth 10.98%
Number of Holdings 1,000
Price/Cash Flow 12.00
Price/Earnings 20.58
Price/Earnings Ratio FY1 18.41
Return On Equity 23.99%

Fund Documents

Fund Market Price

As of   01/18/2017
Bid/Ask $106.62
Closing Price $106.35
Day High $106.35
Day Low $106.35
Exchange Volume (shares)

The Exchange Volume represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.


Premium/Discount to NAV

Premium/Discount to NAV shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask – Closing NAV)  /  Closing NAV * 100)

Premium Discount to Nav Chart

Fund Net Asset Value


Market value of a mutual fund's and ETF's total assets, minus liabilities, divided by the number of shares outstanding

As of   01/18/2017
NAV $106.54
Shares Outstanding 1.20 M
Total Net Assets $127.85 M
Most Recent NAV / NAV History XLS

Fund Net Cash Amount

As of   01/18/2017
Net Cash Amount $456,698.70

Index Statistics

As of   01/18/2017
Weighted Average Market Cap $137,402.90 M
Average Size
Mean $24,401.60 M
Median $8,529.00 M
Size Range
Largest $640,286.56 M
Smallest $619.15 M

Purchase Information

Buying and Selling ETFs

ETFs are flexible and relatively easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance

Ordinary brokerage commissions apply

Performance Graphs

Month End as of 12/31/2016

Fund Inception Date: 11/08/2005

Index Inception Date: 12/31/1978

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Fund Top Holdings

Subject to change.

As of   01/18/2017
Name Weight Shares Held
Apple Inc. 3.00 % 31,955
Microsoft Corporation 2.16 % 44,133
Exxon Mobil Corporation 1.64 % 24,303
Johnson & Johnson 1.44 % 16,013
Amazon.com Inc. 1.43 % 2,263
JPMorgan Chase & Co. 1.40 % 21,289
Berkshire Hathaway Inc. Class B 1.39 % 11,026
Facebook Inc. Class A 1.31 % 13,077
General Electric Company 1.31 % 53,651
AT&T Inc. 1.15 % 35,939
Download All Holdings XLS

Index Top Holdings

As of 01/18/2017
Name Weight
Apple Inc. 3.01 %
Microsoft Corporation 2.17 %
Exxon Mobil Corporation 1.65 %
Amazon.com Inc. 1.44 %
Johnson & Johnson 1.44 %
JPMorgan Chase & Co. 1.40 %
Berkshire Hathaway Inc. Class B 1.39 %
Facebook Inc. Class A 1.31 %
General Electric Company 1.31 %
AT&T Inc. 1.15 %

Fund Sector Allocation

As of  01/18/2017
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Index Sector Allocation

As of  01/18/2017
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>01/18/2017</asOfDate><code>BMARK_SECTOR_ALLOCTAION</code><attributes><attribute><rawValue>20.74</rawValue><value>20.74%</value><label>Financial Services</label><order>1</order></attribute><attribute><rawValue>17.42</rawValue><value>17.42%</value><label>Technology</label><order>2</order></attribute><attribute><rawValue>13.91</rawValue><value>13.91%</value><label>Consumer Discretionary</label><order>3</order></attribute><attribute><rawValue>13.05</rawValue><value>13.05%</value><label>Health Care</label><order>4</order></attribute><attribute><rawValue>10.83</rawValue><value>10.83%</value><label>Producer Durables</label><order>5</order></attribute><attribute><rawValue>7.82</rawValue><value>7.82%</value><label>Consumer Staples</label><order>6</order></attribute><attribute><rawValue>7.09</rawValue><value>7.09%</value><label>Energy</label><order>7</order></attribute><attribute><rawValue>5.52</rawValue><value>5.52%</value><label>Utilities</label><order>8</order></attribute><attribute><rawValue>3.63</rawValue><value>3.63%</value><label>Materials &amp; Processing</label><order>9</order></attribute></attributes></component>

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

The Russell 1000® Index, Russell 2000® Index, Russell 3000® Index, and Russell Small Cap Completeness® Index are trademarks of Russell Investment Group and have been licensed for use by State Street Bank and Trust Company through its State Street Global Advisors Division. The Products are not sponsored, endorsed, sold or promoted by Russell Investment Group and Russell Investment Group makes no representation regarding the advisability of investing in the Product.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

Unless Otherwise noted all information contained herein is that of the SPDR Russell 1000 ETF.

Global Equity Beta Solutions

Co-Head, Global Equity Beta Solutions Michael J. Feehily Senior Managing Director Show Bio

Mike is a Senior Managing Director and the Head of Global Equity Beta Solutions in the Americas. He is also a member of the Senior Leadership Team, is the Chairperson for the firm's Trade Management Oversight Committee, and is a voting member on the North America Product Committee.

Mike rejoined SSGA in 2010 after spending four years in State Street Global Markets where he helped to build the Global Exposure Solutions business. This group created and managed portfolios that were designed to meet the short-term market exposure needs of our institutional clients. Prior to this Mike had been Head of the US Passive Equity Team within SSGA, which he originally joined in 1997. He began his career at State Street within the Global Services division in 1992.

Mike received a Bachelor of Science Degree from Babson College in Finance, Investments, and Economics. He received an MBA in Finance from Bentley College and also earned the Chartered Financial Analyst designation. He is a member of the CFA Institute and the Boston Security Analysts Society. Mike is also a former member of the Russell Index Client Advisory Board.

Portfolio Manager Karl A. Schneider Vice President Show Bio

Karl Schneider, CAIA, is a Vice President of SSGA and Deputy Head of Global Equity Beta Solutions (GEBS) in the Americas. He also serves as a senior portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for US equity strategies and synthetic beta strategies, including commodities, buy/write, and hedge fund replication. He is also a member of the S&P Dow Jones US Equities Index Advisory Panel.

Prior to joining the GEBS team, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1997.

Mr. Schneider holds a BS in Finance and Investments from Babson College and also an MS in Finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation and is a member of the CAIA Association.

Portfolio Manager Eric J. Viliott Vice President Show Bio
Eric is a Vice President of State Street Global Advisors and a portfolio manager managing tax-efficient quantitative strategies for taxable institutional clients and high net worth individuals. While with SSGA, Eric has also held roles conducting research and analysis to asist in the unwind of clients' concentrated equity positions. He was also responsible for the optimization and management of actively managed taxable equity portfolios within the Private Asset Management team. Prior to joining SSGA in 2000, Eric was with Putnam Investments where he provided research and analysis for the Quantitative Equity Research Team. He has been working in the investment management field since 1995. Eric completed his undergraduate degree with a BA in Finance from the School of Management at the University of Massachusetts in Amherst and earned a Master of Science degree in Finance from Boston College. In addition, Eric has achieved the designation of Chartered Financial Analyst (CFA) as well as the designation of Certified Financial Planner (CFP®). He is also a member of CFA Institute, The Financial Planning Association and the Boston Security Analysts Society.

After Tax Returns

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.

Russell 1000 Index

The Russell 1000® Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1,000 of the largest securities based on a combination of their market cap and current index membership. The Russell 1000 Index represents approximately 92% of the U.S. market.

Important Risk Information

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

Returns on investments in stocks of large U.S companies could trail the returns on investments in stocks of smaller and mid-sizes companies.

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

Distributor: State Street Global Markets, LLC, member FINRA, SIPC, a wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Premium Discount to NAV

As of  01/18/2017
Ticker NAV Close Bid/Ask Mid Pt Premium/ Discount
SPDR Russell 1000® ETF ONEK $106.54 $106.35 $106.62 0.07%
Download Fund Data

x axis: # of days y axis: # Premium/Discount percentage

The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.