SPDR Russell 1000 Momentum Focus ETF (ONEO) Performance
ONEO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.4% since Dec 31, 2025
- 1 year
- +20.4% total return
- 5 years
- +9.6% a year
- 10 years
- +11.9% a year
- Since first price
- +11.3% a year since 2015
ONEO trailing returns vs SPY, QQQ, AGG
| Period | ONEO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.0% | +2.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.2% | +0.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.8% | +7.1% | +7.8% | +8.4% | −1.5% |
| YTD | +19.4% | +18.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +20.4% | +18.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +76.4%+20.8%/yr | +69.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +58.0%+9.6%/yr | +46.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +208.3%+11.9%/yr | +148.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionDec 3, 2015 | +221.6%+11.3%/yr | +155.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ONEO vs SPY
From Dec 3, 2015: ONEO grew to $32,164, SPY to $44,213.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ONEO returns by calendar year
8 of 10 full years positive. Best 2021 (+26.7%), worst 2018 (−12.4%). 2026 is year to date.
ONEO annual returns table
| Year | ONEO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.4% | −7.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.6% | −17.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.0% | −7.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.6% | −11.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −12.0% | −22.2% | −18.2% | −32.6% | −13.0% |
| 2021 | +26.7% | −6.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +10.8% | −40.9% | +18.3% | +48.6% | +7.5% |
| 2019 | +26.5% | −7.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −12.4% | −22.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +21.2% | −2.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.3% | −6.2% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ONEO largest drawdowns
Now 3.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −40.9% | Mar 23, 2020 | Nov 9, 2020 | 2 months | 10 months |
| Aug 29, 2018 | −22.6% | Dec 24, 2018 | Nov 12, 2019 | 4 months | 1.2 years |
| Nov 16, 2021 | −22.4% | Sep 26, 2022 | Dec 14, 2023 | 10 months | 2.1 years |
| Nov 25, 2024 | −19.7% | Apr 8, 2025 | Aug 13, 2025 | 4 months | 9 months |
| Dec 4, 2015 | −12.8% | Jan 20, 2016 | Apr 18, 2016 | 47 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ONEO risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +18.0% | +10.2% | +11.4% | +11.2% |
| Volatility (annualized) | 14.4% | 17.0% | 17.3% | 17.0% |
| Sharpe ratio | 0.92 | 0.45 | 0.58 | 0.59 |
| Sortino ratio | 1.59 | 0.71 | 0.86 | 0.88 |
| Best month | +9.9% | +11.2% | +14.8% | +14.8% |
| Worst month | −7.1% | −9.3% | −19.6% | −19.6% |
| Best 12 months | +34.0% | +34.0% | +72.2% | +72.2% |
| Worst 12 months | +1.2% | −14.8% | −21.1% | −21.1% |
| Positive months | 67% | 57% | 63% | 64% |
| Beta vs S&P 500 | 0.96 | 0.97 | 1.05 | — |
| Correlation with S&P 500 | 0.83 | 0.90 | 0.93 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ONEO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 119 | −21.1% | +13.1% | +72.2% | 77% |
| 3-year (a year) | 95 | −3.4% | +10.0% | +21.4% | 99% |
| 5-year (a year) | 71 | +5.5% | +11.0% | +17.6% | 100% |
| 10-year (a year) | 11 | +10.5% | +11.7% | +12.0% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
ONEO performance overview
SPDR Russell 1000 Momentum Focus ETF (ONEO) returned +20.4% over the past year and +11.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +11.3% a year, turning $10,000 into about $32,164. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −40.9%, from Jan 17, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. ONEO finished 8 of its 10 full calendar years with a gain; the best year was 2021 (+26.7%) and the worst 2018 (−12.4%). Volatility has been 17.0% a year.
Related: ONEO chart, ONEO holdings, ONEO dividends, ONEO valuation. See the ONEO overview for the latest quote and fund facts.
ONEO performance FAQ
What is the ONEO return over the past year?
ONEO returned +20.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.8%.
What is the average annual return of ONEO?
ONEO has returned +9.6% a year over 5 years, +11.9% a year over 10 years, +11.3% a year since December 3, 2015 (total return, distributions reinvested).
How much would $10,000 invested in ONEO be worth?
$10,000 invested in ONEO at its first recorded close on December 3, 2015 would be worth about $32,164 on October 23, 2026 with distributions reinvested.
What was the worst year for ONEO?
The worst calendar year was 2018, with a total return of −12.4%. The best was 2021 at +26.7%.
What is the biggest drawdown of ONEO?
The largest peak-to-trough decline was −40.9% between January 17, 2020 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is ONEO?
Over the past 3 years ONEO had an annualized volatility of 14.4% and a Sharpe ratio of 0.92 (excess return over 1–3 month T-bills per unit of risk).