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State Street SPDR Russell 1000 Yield Focus ETF
ONEY (State Street SPDR Russell 1000 Yield Focus ETF) is an index US Dividend Equity ETF by State. With a 0.20% MER, it provides diversified exposure through 288 holdings. Quarterly distribution with a 2.84% yield.
ONEY by State is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.20% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 2.84% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.