Should SPDR Russell 1000 Yield Focus ETF (ONEY) Be on Your Investing Radar?

The SPDR Russell 1000 Yield Focus ETF (ONEY) is a passively managed exchange-traded fund launched in 2015 that focuses on the Large Cap Value segment of the US equity market, with assets over $813.25 million and an expense ratio of 0.20%. It has a Zacks ETF Rank of 3 (Hold) and provides a diversified exposure to high-yield, high-quality, and low-size large-cap U.S. equities, making it a reasonable option for investors seeking exposure to this market segment. The ETF has performed well recently, gaining 7.43% year-to-date and 17.32% over the last year, with its largest sector allocations in Financials, Energy, and Consumer Discretionary.