SPDR Russell 1000 Momentum Focus ETF Price & Performance (ONEO)

The SPDR Russell 1000 Momentum Focus ETF (ONEO) is encountering technical resistance at key levels. Analysts suggest shorting near $116.53, targeting $113.1, with a stop-loss at $116.87. Conversely, breaking above $116.53 could signal a buy opportunity targeting $118.77. Investors are advised to monitor these thresholds closely for trading opportunities.1

Growth stock ETFs, including prominent names, are facing significant downturns as market sentiment shifts. Investors are pulling back from riskier assets, leading to declines across the board. This trend reflects broader concerns over economic uncertainty and potential interest rate hikes, which are pressuring high-growth investment vehicles.2

The SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is gaining attention amid market volatility. Its focus on stable, lower-risk equities makes it an appealing option for risk-averse investors. Analysts suggest that ONEV's strategy could provide a haven for those seeking steady returns in an uncertain economic landscape.3