Published on 31 May 2024 on Zacks via Yahoo Finance
Making its debut on 12/02/2015, smart beta exchange traded fund SPDR Russell 1000 Yield Focus ETF (ONEY) provides investors broad exposure to the Style Box - Large Cap Value category of the market.
What Are Smart Beta ETFs?
Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.