If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the SPDR Russell 1000 Low Volatility Focus ETF (ONEV), a passively managed exchange traded fund launched on 12/02/2015.The fund is sponsored by State Street Global Advisors. It has amassed assets over $569.94 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.Why Large Cap BlendLarge cap companies usually have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts.Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.CostsWhen considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.Annual operating expenses for this ETF are 0.20%, putting it on par with most peer products in the space.It has a 12-month trailing dividend yield of 1.66%.Sector Exposure and Top HoldingsWhile ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.This ETF has heaviest allocation to the Industrials sector--about 18.50% of the portfolio. Financials and Information Technology round out the top three.Looking at individual holdings, Hp Inc. (HPQ) accounts for about 1.12% of total assets, followed by Willis Towers Watson Public Limited Company (WTW) and Archer-Daniels-Midland Company (ADM).The top 10 holdings account for about 7.68% of total assets under management.Performance and RiskONEV seeks to match the performance of the Russell 1000 Low Volatility Focused Factor Index before fees and expenses. The Russell 1000 Low Volatility Focused Factor Index reflects the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors high value, high quality, and low size characteristics, with a focus factor comprising low volatility characteristics.The ETF has lost about -5.72% so far this year and is down about -1.89% in the last one year (as of 11/30/2022). In the past 52-week period, it has traded between $91.93 and $114.25.The ETF has a beta of 0.96 and standard deviation of 24.97% for the trailing three-year period. With about 475 holdings, it effectively diversifies company-specific risk.AlternativesSPDR Russell 1000 Low Volatility Focus ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, ONEV is a reasonable option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space.The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $301.79 billion in assets, SPDR S&P 500 ETF has $375.66 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%.Bottom-LineAn increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR Russell 1000 Low Volatility Focus ETF (ONEV): ETF Research Reports HP Inc. (HPQ): Free Stock Analysis Report Archer Daniels Midland Company (ADM): Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports Willis Towers Watson Public Limited Company (WTW): Free Stock Analysis Report iShares Core S&P 500 ETF (IVV): ETF Research ReportsTo read this article on Zacks.com click here.Zacks Investment Research