SPDR Russell 1000 Low Volatility Focus ETF

State Street SPDR Russell 1000 Low Volatility Focus ETF is an exchange-traded fund that seeks to track the performance of the Russell 1000 Low Volatility Focused Factor Index. The fund provides exposure to large-cap U.S. equities and uses a rules-based, passive approach that emphasizes low volatility while also incorporating value, quality, and smaller-size characteristics. Its portfolio is built from companies in the Russell 1000 universe and is designed to offer broad diversification across major sectors such as financial services, healthcare, industrials, and consumer-related industries. ONEV is used by market participants seeking a factor-based equity allocation with a focus on risk-aware stock selection rather than broad market capitalization alone. Managed by State Street Investment Management, the ETF plays a role as a core-style building block within U.S. equity portfolios, combining index-based transparency, daily tradability, and sector diversification in a single vehicle.