The SPDR Russell 1000® ETF (the "Fund") seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities.
Ordinary brokerage commissions may apply.
|Primary Benchmark||Russell 1000 Index|
|Short Selling Allowed||Yes|
|Gross Expense Ratio||0.10%|
|Investment Manager||SSgA Funds Management, Inc.|
|Management Team||ETF Management Team|
|Distributor||State Street Global Markets, LLC|
|Exchange||NYSE ARCA EXCHANGE|
|Variable Fee for Cash Creation||0.25%|
|Variable Fee for Cash Redemption||0.25%|
|Earnings Growth 5 Year||12.22%|
|FY 1 P/E Ratio||16.43|
|Number of Holdings||1,015|
|Weighted Average Market Cap||$104,581.12 M|
|30 Day SEC Yield||1.73%|
|Earnings Growth 3 Year||12.23%|
|FY 1 P/E Ratio||16.44|
|Number of Holdings||1,015|
|Return On Equity||18.37%|
As of 02/28/2014
As of 12/31/2013
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
|Exchange Volume (shares)||200|
|Total Net Assets||$44.55 M|
|Net Cash Amount||$136,459.95|
|Weighted Average Market Cap||$104,447.02 M|
Buying and Selling ETFs
ETFs are flexible and relatively easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges
ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance
Ordinary brokerage commissions apply
After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.
The Russell 1000® Index, Russell 2000® Index, Russell 3000® Index, and Russell Small Cap Completeness® Index are trademarks of Russell Investment Group and have been licensed for use by State Street Bank and Trust Company through its State Street Global Advisors Division. The Products are not sponsored, endorsed, sold or promoted by Russell Investment Group and Russell Investment Group makes no representation regarding the advisability of investing in the Product.
As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.
Unless Otherwise noted all information contained herein is that of the SPDR Russell 1000 ETF.
Prior to July 9, 2013, ONEK, the SPDR Russell 1000 ETF was known as ELR, the SPDR Dow Jones Large Cap ETF.
Index prior to 07/09/13 was the Dow Jones US Large-Cap Total Stock Market Index. Index after 07/09/13 is the Russell 1000 Index. The Inception date of the Russell 1000 Index was 12/31/1978.