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RWK
Oppenheimer

Mid Cap Revenue ETF

Notice

This fund shall be receiving a cash payment which will be included in the December 14th, 2017 NAV. Please click the following link for further details: Notice

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Overview
NAV
  • A
(as of 12/14/2017)
$59.33
Daily Change
(as of 12/14/2017)
-$0.83
-1.38%
YTD
(as of 12/14/2017)
10.17%
Expense Ratio
(as of 12/14/2017)
0.39%

The strategy provides access to the same securities as the S&P MidCap 400 Index, weighted by top line revenue instead of market capitalization.

Why RWK?
1. Broad exposure to the S&P 400 universe.
2. Greater exposure to lower valuation companies than the market-cap benchmark.
3. Consider for mid-cap exposure at 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 12/14/2017)
$365.00 MM
Number of Holdings
(as of 12/14/2017)
402
Inception Date
February 20, 2008
Investment Style
Alternatively Weighted Strategy
Benchmark
OFI Revenue Weighted Mid Cap Index™
Index
S&P 400 Mid Cap Index
Bloomberg Index Ticker
REVWMT
Reuters Bridge Ticker
RWK.IV
ISIN
US68386C2035
CUSIP
68386C203
Closing Price
(as of 12/14/2017)
$59.47
Premium/Discount
(as of 12/14/2017)
0.07%
Midpoint Price
(as of 12/14/2017)
$59.37
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 11/30/2017
  • B
as of 09/30/2017
  • B

Market Price
Market Price
Market Price
Market Price
  • B
Cumulative
Annualized
3 mo ytd as of 2017-09-30
1 yr 3 yr 5 yr since inception
Mid Cap Revenue ETF (NAV)
2.32% 6.70% 16.03% 9.40% 14.89% 10.24%
Cumulative
Annualized
3 mo ytd as of 2017-09-30
1 yr 3 yr 5 yr since inception
Mid Cap Revenue ETF (Market Price)
2.34% 6.75% 16.13% 9.41% 14.95% 10.24%
Cumulative
Annualized
ytd as of 2017-11-30
1 yr since inception 3 yr 5 yr since inception
Mid Cap Revenue ETF (NAV)
11.93% 13.89% 10.60% 9.12% 15.20% 10.60%
Cumulative
Annualized
ytd as of 2017-11-30
1 yr since inception 3 yr 5 yr since inception
Mid Cap Revenue ETF (Market Price)
11.99% 13.89% 10.60% 9.20% 15.23% 10.60%
Expense Ratio: 0.39%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.


Year Mid Cap Revenue ETF S&P 400 Mid Cap Index
2009 51.88% 37.38%
2010 23.26% 26.64%
2011 -1.56% -1.73%
2012 15.84% 17.88%
2013 40.60% 33.50%
2014 9.48% 9.77%
2015 -5.79% -2.18%
2016 21.58% 20.74%

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.


Date Mid Cap Revenue ETF S&P 400 Mid Cap Index OFI Rev Weighted Md Cap Ix
11/30/2012 0.00 0.00 0.00
12/31/2012 2.81 2.19 3.00
1/31/2013 12.47 9.56 12.72
2/28/2013 13.97 10.64 14.24
3/31/2013 19.95 15.93 20.28
4/30/2013 19.74 16.66 20.14
5/31/2013 24.80 19.29 25.45
6/30/2013 21.73 17.09 22.33
7/31/2013 31.11 24.35 31.80
8/31/2013 26.30 19.69 26.97
9/30/2013 32.88 25.92 33.68
10/31/2013 37.29 30.60 38.25
11/30/2013 40.09 32.33 40.99
12/31/2013 44.56 36.42 45.69
1/31/2014 39.89 33.52 41.02
2/28/2014 46.27 40.04 47.55
3/31/2014 47.70 40.56 49.17
4/30/2014 46.23 38.36 47.77
5/31/2014 49.41 40.82 51.06
6/30/2014 54.93 46.65 56.77
7/31/2014 48.53 40.38 50.32
8/31/2014 56.36 47.51 58.36
9/30/2014 47.69 40.80 49.52
10/31/2014 52.07 45.82 54.12
11/30/2014 56.14 48.52 58.22
12/31/2014 58.26 49.74 60.45
1/31/2015 53.35 48.06 55.50
2/28/2015 64.19 55.65 66.63
3/31/2015 65.76 57.70 68.38
4/30/2015 63.48 55.35 66.12
5/31/2015 65.88 58.11 68.61
6/30/2015 62.11 56.03 64.89
7/31/2015 60.94 56.24 63.71
8/31/2015 54.14 47.52 56.87
9/30/2015 47.20 42.77 49.67
10/31/2015 56.18 50.81 58.89
11/30/2015 56.94 52.86 59.76
12/31/2015 49.10 46.49 51.87
1/31/2016 39.42 38.15 41.96
2/29/2016 44.48 40.10 47.14
3/31/2016 58.52 52.03 61.73
4/30/2016 58.70 53.89 61.99
5/31/2016 58.56 57.45 61.97
6/30/2016 58.23 58.10 61.77
7/31/2016 67.03 64.89 70.83
8/31/2016 66.87 65.71 70.72
9/30/2016 66.70 64.65 70.60
10/31/2016 61.97 60.25 65.91
11/30/2016 78.12 73.08 82.54
12/31/2016 81.26 76.87 85.85
1/31/2017 84.04 79.83 88.72
2/28/2017 85.88 84.55 90.66
3/31/2017 86.08 83.83 90.95
4/30/2017 85.94 85.37 90.85
5/31/2017 83.62 84.47 88.50
6/30/2017 89.02 87.46 94.19
7/31/2017 89.83 89.11 95.10
8/31/2017 86.64 86.21 91.87
9/30/2017 93.42 93.50 98.87
10/31/2017 94.65 97.87 100.14
11/30/2017 102.89 105.15 108.67

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.

$ per share as of 12/15/2017

Date 2012 2013 2014 2015 2016
Short Term
Long Term 0.1375 0.2153 0.1693
Total Amount of Distribution 0.1375 0.2153 0.1693
Record Date 12/31/12 12/31/13 12/31/14
Ex Div Date 12/27/12 12/27/13 12/29/14
Pay Date 1/4/13 1/3/14 1/5/15

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Holdings

(27.0% of assets as of 12/14/2017)

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Portfolio Holdings Breakdown

Country 4
Developed Markets 4
Emerging Markets 4
Equity Sector 4
Industry 4
Asset Allocation 4
Country Mid Cap Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
United States 99.9% 100.0% -0.1%
Net Cash and Equivalents 0.1% - -
Developed Markets Mid Cap Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Americas 99.9% 100.0% -0.1%
Net Cash and Equivalents 0.1% - -
Emerging Markets Mid Cap Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Net Cash and Equivalents 0.1% - -
Equity Sector Mid Cap Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Consumer Discretionary 19.6% 12.2% 7.4%
Industrials 17.2% 15.7% 1.5%
Information Technology 16.8% 17.6% -0.8%
Financials 9.8% 17.1% -7.3%
Materials 9.0% 7.1% 2.0%
Health Care 8.3% 7.6% 0.7%
Energy 7.1% 3.9% 3.1%
Consumer Staples 5.8% 3.8% 2.0%
Utilities 3.1% 5.5% -2.4%
Real Estate 2.7% 9.4% -6.7%
Telecommunication Services 0.4% 0.1% 0.2%
Net Cash and Equivalents 0.1% - -
Industry Mid Cap Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Electronic Equipment Instruments & Components 9.4% 5.2% 4.3%
Specialty Retail 7.1% 1.8% 5.4%
Oil Gas & Consumable Fuels 5.9% 2.6% 3.3%
Insurance 5.8% 4.4% 1.4%
Health Care Providers & Services 5.6% 1.6% 4.0%
Machinery 4.1% 5.2% -1.1%
Metals & Mining 3.6% 2.2% 1.4%
Construction & Engineering 3.2% 1.3% 1.9%
Food Products 3.1% 2.5% 0.6%
IT Services 3.0% 3.6% -0.6%
Household Durables 2.9% 2.1% 0.8%
Chemicals 2.8% 2.9% -0.1%
Banks 2.5% 8.5% -6.0%
Road & Rail 2.3% 1.8% 0.4%
Hotels Restaurants & Leisure 2.1% 2.6% -0.5%
Equity Real Estate Investment Trusts (REITs) 2.1% 9.0% -6.9%
Containers & Packaging 1.8% 1.3% 0.6%
Media 1.8% 1.5% 0.3%
Food & Staples Retailing 1.8% 0.5% 1.3%
Professional Services 1.7% 0.7% 1.0%
Asset Allocation Mid Cap Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Equity 99.7% 100.0% -0.3%
Net Cash and Equivalents 0.1% - -
Analytics
(As of 11/30/2017)

Morningstar 11/30/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
368
Category
Mid-Cap Value
Performance Statistics
3Y
Alpha
-3.21
Beta
1.12
Information Ratio
-0.58
Sharpe Ratio
0.71
Standard Deviation
12.95
Dividends
  • C
Est. Frequency
Quarterly
Last Pay Date
10/6/2017
Per Share ($)
$0.1559
12-Month Distribution ($)
$0.5741
Portfolio Characteristics
Fund
Benchmark
Average Market Cap (weighted)
$5.06 B
-
Price/Book
2.20
-
Price/Sales Ratio
0.48
-
Turnover Ratio
46.40%
-
Distribution Sources
  • C
Net Income
94.96%
Net Profit from Sale
0.00%
Other Capital Sources
5.04%
Documents
  1. 1. Index Reconstitution -- December 8, 2017
    Indices are rebalanced and reconstituted on a quarterly basis. The next reconstitution will be implemented after the close of trading on December 15, 2017, as set forth in the link below.
    Access Index Reconstitution.
  2. 2. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. 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.
  3. 3. Access Index Definitions
  4. 4. Holdings are subject to change, and are dollar weighted based on total net assets.
  5. 5. 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.
  6. 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.
  7. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Returns do not consider capital gains or income taxes on an individual's investment.

    The NAV return is based on the net asset value of the Fund and the market return (MKT) is based on the market price per share of the Fund. The price used to calculate MKT is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the Fund are listed for trading when the Fund's NAV is calculated at market close. MKT and NAV assume dividends and capital gain distributions have been reinvested in the Fund at market price and NAV, respectively. Returns less than one year are cumulative.

    "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  8. C. There is no guarantee of the payment of any dividend or other distributions at any level.
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