Is SPDR Russell 1000 Low Volatility Focus ETF halal to invest in?

As of September 2026, SPDR Russell 1000 Low Volatility Focus ETF ONEV is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is SPDR Russell 1000 Low Volatility Focus ETF a Shariah-compliant ETF?

An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes SPDR Russell 1000 Low Volatility Focus ETF using these criteria to determine its compliance status.

How often is the Shariah compliance for SPDR Russell 1000 Low Volatility Focus ETF updated?

The Shariah compliance status of SPDR Russell 1000 Low Volatility Focus ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.

Can a halal ETF like SPDR Russell 1000 Low Volatility Focus ETF become non-compliant?

Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.

Where can I check the Shariah status of SPDR Russell 1000 Low Volatility Focus ETF?

You can check the latest Shariah compliance status of SPDR Russell 1000 Low Volatility Focus ETF on Musaffa's ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.

SPDR Russell 1000 Low Volatility Focus ETF ONEV

ONEV Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, SPDR Russell 1000 Low Volatility Focus ETF is classified as not halal.

NOT HALAL

Is SPDR Russell 1000 Low Volatility Focus ETF Halal?

Shariah Compliance Analysis of ONEV ETF

US Equity Large Cap

No. As of September 2026, SPDR Russell 1000 Low Volatility Focus ETF (ONEV) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPDR Russell 1000 Low Volatility Focus ETF does not pass Musaffa's business and financial screening criteria.

ONEV was created on 2015-12-02 by SPDR. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 561.86m in AUM and 445 holdings. ONEV tracks an index of large-cap stocks from the Russell 1000 Index, selected and weighted by four factors that are scaled by market cap.

SPDR Russell 1000 Low Volatility Focus ETF (ONEV) Chart

Key Statistics of SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

Today's Open

AUM

Avg. Volume

Expense Ratio

P/E Ratio

P/B Ratio

Sector Exposure

Industrials
19.21%
Health Care
14.42%
Financials
12.35%
Consumer Discretionary
10.74%
Consumer Staples
10.02%
Utilities
8.59%
Information Technology
8.48%
Materials
6.05%
Real Estate
5.25%
Communication Services
3.18%
Energy
0.91%
Other
0.80%

FAQ's for SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

As of September 2026, SPDR Russell 1000 Low Volatility Focus ETF ONEV is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes SPDR Russell 1000 Low Volatility Focus ETF using these criteria to determine its compliance status.
The Shariah compliance status of SPDR Russell 1000 Low Volatility Focus ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
You can check the latest Shariah compliance status of SPDR Russell 1000 Low Volatility Focus ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.