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REDV
Oppenheimer

Emerging Markets Ultra Dividend Revenue ETF

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Overview
NAV
  • A
(as of 10/18/2018)
$22.62
Daily Change
(as of 10/18/2018)
$-0.17
-0.75%
YTD
(as of 10/18/2018)
N/A
Expense Ratio
(as of 10/18/2018)
0.46%

The strategy invests in the securities in the FTSE Emerging Index with the highest trailing dividend yield. Each of these securities is then weighted by top-line revenue, rather than market capitalization.

Why REDV?
1. Offers attractive yield potential in a low interest rate environment.
2. Greater exposure to lower valuation companies than most dividend-oriented products.
3. Consider to pursue income with the core of your portfolio.

Why Consider a Revenue Weighting Strategy?

A revenue weighting approach may be a more prudent way to access the broad market.

Smart beta revenue img1
Total Assets
(as of 10/18/2018)
$2.26 MM
Number of Holdings
(as of 10/17/2018)
102
Inception Date
August 7, 2018
Investment Style
Alternatively Weighted Strategy
Tracked Index
FTSE Custom Emerging Ultra Dividend Revenue Net Index
Bloomberg Index Ticker
REDVNR
Broad Benchmark
FTSE Emerging Index
Reuters Bridge Ticker
REDV.IV
ISIN
US68386C7406
CUSIP
68386C740
Closing Price
(as of 10/17/2018)
$22.93
Midpoint Price
(as of 10/17/2018)
$22.94
Premium/Discount
(as of 10/17/2018)
0.67%
Premium/Discount Analysis
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Portfolio

Top Holdings

(56.5% of assets as of 10/17/2018)

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Portfolio Holdings Breakdown

Country
Equity Sector
Industry
Asset Allocation
Market Cap 9
Country Emerging Markets Ultra Dividend Revenue ETF FTSE Emerging Index Overweight / Underweight
China 22.4% 32.2% -9.8%
Russia 15.0% 4.5% 10.5%
India 13.3% 11.0% 2.3%
South Africa 8.8% 7.5% 1.4%
Taiwan 8.7% 13.5% -4.8%
Malaysia 6.5% 3.4% 3.1%
Brazil 5.7% 9.4% -3.7%
Turkey 4.7% 0.8% 3.9%
United Arab Emirates 2.7% 1.0% 1.7%
Czech Republic 2.5% 0.2% 2.3%
Mexico 2.2% 4.1% -1.9%
Qatar 2.0% 1.3% 0.7%
Philippines 1.5% 1.3% 0.2%
Chile 0.8% 1.3% -0.6%
Pakistan 0.8% 0.1% 0.8%
Hungary 0.6% 0.4% 0.2%
Egypt 0.5% 0.2% 0.3%
Net Cash and Equivalents 0.4% - -
Greece 0.4% 0.3% 0.1%
United States 0.3% 0.4% -0.1%
Equity Sector Emerging Markets Ultra Dividend Revenue ETF FTSE Emerging Index Overweight / Underweight
Financials 21.6% 25.6% -4.0%
Utilities 17.3% 3.0% 14.3%
Materials 15.5% 8.6% 6.9%
Energy 13.2% 10.0% 3.2%
Information Technology 8.9% 10.5% -1.6%
Communication Services 8.7% 14.8% -6.0%
Industrials 6.0% 5.5% 0.5%
Real Estate 4.7% 3.2% 1.5%
Consumer Discretionary 2.5% 9.8% -7.3%
Consumer Staples 0.6% 6.3% -5.8%
Net Cash and Equivalents 0.4% - -
Health Care 0.1% 2.6% -2.5%
Industry Emerging Markets Ultra Dividend Revenue ETF FTSE Emerging Index Overweight / Underweight
Oil Gas & Consumable Fuels 13.0% 9.8% 3.2%
Metals & Mining 11.8% 3.8% 8.0%
Banks 10.4% 18.0% -7.6%
Electric Utilities 8.6% 1.2% 7.3%
Capital Markets 7.9% 1.2% 6.7%
Independent Power and Renewable Electricity Producers 6.7% 0.8% 6.0%
Wireless Telecommunication Services 5.8% 3.4% 2.4%
Technology Hardware Storage & Peripherals 5.8% 1.1% 4.7%
Real Estate Management & Development 3.9% 2.8% 1.2%
Electronic Equipment Instruments & Components 3.1% 2.0% 1.1%
Chemicals 3.1% 2.6% 0.4%
Diversified Telecommunication Services 2.6% 1.8% 0.8%
Industrial Conglomerates 2.5% 1.3% 1.2%
Airlines 1.9% 0.4% 1.5%
Diversified Financial Services 1.7% 1.4% 0.3%
Insurance 1.6% 3.7% -2.1%
Multi-Utilities 1.6% 0.1% 1.5%
Automobiles 1.4% 1.6% -0.2%
Machinery 1.0% 0.6% 0.4%
Equity Real Estate Investment Trusts (REITs) 0.8% 0.5% 0.3%
Asset Allocation Emerging Markets Ultra Dividend Revenue ETF FTSE Emerging Index Overweight / Underweight
Equity 99.3% 100.0% -0.7%
Net Cash and Equivalents 0.4% - -
Market Cap Emerging Markets Ultra Dividend Revenue ETF FTSE Emerging Index Overweight / Underweight
Large 51.4% 86.5% -35.1%
Mid 40.7% 11.4% 29.4%
Small 7.1% 2.2% 5.0%
Net Cash and Equivalents 0.4% - -
Analytics
(As of 09/28/2018)

Yields
Standardized Yield
5.20%
Portfolio Characteristics
Fund
Broad Benchmark
Average Market Cap (weighted)
$7.40 B
$75.43 B
Median Market Cap (weighted)
$4.23 B
$20.72 B
P/E Ratio (LTM)
8.71
16.26
P/E Ratio (NTM)
8.17
13.01
Price/Book
1.12
2.06
Price/Sales Ratio
0.63
1.88
Price/Cash Flow Ratio
5.07%
-
Turnover Ratio
-
-
Dividends
  • B
Est. Frequency
Quarterly
Last Pay Date
9/27/2018
Per Share ($)
$0.0735
12-Month Distribution ($)
$0.0735
Distribution Sources
  • B
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Documents
  1. 1. This is a new fund with limited operating history and an inception date of 8/17/18.
  2. 2. The Oppenheimer Emerging Ultra Dividend Revenue ETF has been developed solely by OppenheimerFunds, and is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the FTSE Custom Emerging Ultra Dividend Revenue Index (the “Index”) vest in the relevant LSE Group company which owns the Index. FTSE® is a trade mark(s) of the relevant LSE Group company and is/are used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Oppenheimer Emerging Ultra Dividend Revenue ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Oppenheimer Emerging Ultra Dividend Revenue ETF or the suitability of the Index for the purpose to which it is being put by OppenheimerFunds.
  3. 3. An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. There is no guarantee that the issuers of stocks will declare dividends in the future, or that dividends will remain at their current levels or increase over time. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Eurozone investments may be subject to volatility and liquidity issues. Emerging and developing market investments may be especially volatile. The Fund is classified as a “non-diversified” fund and may invest a greater portion of its assets in the securities of a single issuer. Investing significantly in a particular region, industry, sector or issuer may increase volatility and risk. Fund returns may not match the return of its respective index, known as non-correlation risk, due to operating expenses incurred by the Fund. The alternate weighting approach employed by the Fund (i.e., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results. Because the Fund is rebalanced quarterly, portfolio turnover may exceed 100%.  The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on Fund performance.
  4. 4. FTSE Emerging Markets indices are part of the FTSE Global Equity Index Series (GEIS). The series includes large and mid cap securities from advanced and secondary emerging markets, classified in accordance with FTSE's transparent Country Classification Review Process. The FTSE Emerging Index provides investors with a comprehensive means of measuring the performance of the most liquid companies in the emerging markets.   Index performance is shown for illustrative purposes only and does not predict or depict the performance of the Fund. Past performance does not guarantee future results.
  5. 5. The index starts with the FTSE Emerging Index, identifies 100 of the top securities by trailing dividend yield, and then re-weights those securities according to revenue earned by the companies. Past performance does not guarantee future results.
  6. 6. The Closing Price is the price of the last reported trade on the Fund's primary exchange.
  7. 7. Holdings are subject to change, and are dollar weighted based on total net assets.
  8. 8. Negative net cash may be the result of a variety of factors including, but not limited to, (1) pending receivables or (2) amounts owed to the fund due to balancing amounts with respect to purchases and redemptions of creation units, but is not the result of the use of leverage.
  9. 9. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
  10. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  11. B. There is no guarantee of the payment of any dividend or other distributions at any level.
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