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OQAL
Oppenheimer

Russell 1000 Quality Factor ETF

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Overview
NAV
  • B
(as of 01/16/2018)
$26.77
Daily Change
(as of 01/16/2018)
-$0.10
-0.36%
YTD
(as of 01/16/2018)
4.12%
Expense Ratio
(as of 01/16/2018)
0.19%

The Oppenheimer Russell 1000 Quality Factor ETF is composed of securities in the Russell 1000 Index that, in the aggregate, have greater quality characteristics relative to the broader U.S. equity market.

Why OQAL?
1. Delivers exposure to companies in the Russell 1000 that exhibit relatively greater quality.
2. Provides direct access to the quality factor, which has historically been a significant driver of equity risk and return.
3. Can be used to help manage factor exposure and risk within a diversified portfolio.

Why Consider a Factor Strategy?

Combining multiple factors can provide investors with tools to construct more efficient portfolios.

Smart beta factors img2
Total Assets
(as of 01/16/2018)
$5.35 MM
Number of Holdings
(as of 01/12/2018)
605
Inception Date
November 8, 2017
Investment Style
Single Factor Strategy
Benchmark
Russell 1000® Quality Factor Index
Index
Russell 1000® Index
Bloomberg Index Ticker
R1FQF
Reuters Bridge Ticker
OQAL.IV
ISIN
US68386C6747
CUSIP
68386C674
Closing Price
(as of 01/16/2018)
N/A
Premium/Discount
(as of 01/16/2018)
0.05%
Midpoint Price
(as of 01/16/2018)
$26.78
Portfolio

Top Holdings

(41.6% of assets as of 01/12/2018)

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Portfolio Holdings Breakdown

Country
Developed Markets
Emerging Markets
Equity Sector
Industry
Asset Allocation
Country Russell 1000 Quality Factor ETF Russell 1000® Index Overweight / Underweight
United States 99.8% 99.7% 0.1%
Net Cash and Equivalents 0.1% - -
China 0.1% 0.1% 0.1%
Developed Markets Russell 1000 Quality Factor ETF Russell 1000® Index Overweight / Underweight
Americas 99.8% 99.7% 0.1%
Net Cash and Equivalents 0.1% - -
Emerging Markets Russell 1000 Quality Factor ETF Russell 1000® Index Overweight / Underweight
Net Cash and Equivalents 0.1% - -
Asia Pacific 0.1% 0.1% 0.1%
Equity Sector Russell 1000 Quality Factor ETF Russell 1000® Index Overweight / Underweight
Information Technology 33.9% 23.6% 10.4%
Consumer Discretionary 17.4% 12.8% 4.6%
Health Care 16.1% 13.3% 2.8%
Industrials 11.7% 10.8% 1.0%
Consumer Staples 7.3% 7.4% 0.0%
Financials 3.3% 15.0% -11.7%
Materials 2.9% 3.4% -0.5%
Real Estate 2.8% 3.3% -0.5%
Energy 2.4% 6.1% -3.7%
Telecommunication Services 1.3% 1.8% -0.5%
Utilities 0.7% 2.7% -2.0%
Net Cash and Equivalents 0.1% - -
Industry Russell 1000 Quality Factor ETF Russell 1000® Index Overweight / Underweight
Internet Software & Services 8.2% 4.6% 3.6%
IT Services 7.0% 4.2% 2.7%
Pharmaceuticals 6.4% 4.2% 2.2%
Software 6.4% 5.3% 1.0%
Technology Hardware Storage & Peripherals 5.7% 3.9% 1.8%
Semiconductors & Semiconductor Equipment 4.8% 3.9% 1.0%
Internet & Direct Marketing Retail 4.3% 2.8% 1.5%
Specialty Retail 4.2% 2.2% 2.0%
Aerospace & Defense 3.7% 2.6% 1.1%
Biotechnology 3.2% 2.9% 0.4%
Food & Staples Retailing 2.9% 1.7% 1.2%
Health Care Equipment & Supplies 2.9% 2.6% 0.3%
Media 2.8% 2.8% 0.1%
Hotels Restaurants & Leisure 2.8% 2.0% 0.7%
Equity Real Estate Investment Trusts (REITs) 2.6% 3.2% -0.6%
Health Care Providers & Services 2.6% 2.6% 0.0%
Household Products 2.2% 1.4% 0.8%
Oil Gas & Consumable Fuels 2.1% 5.3% -3.1%
Chemicals 2.0% 2.3% -0.3%
Capital Markets 2.0% 3.1% -1.1%
Asset Allocation Russell 1000 Quality Factor ETF Russell 1000® Index Overweight / Underweight
Equity 99.8% 100.0% -0.2%
Net Cash and Equivalents 0.1% - -
Analytics
(As of 12/31/2017)

Dividends
  • C
Est. Frequency
Quarterly
Last Pay Date
1/2/2018
Per Share ($)
$0.0730
Portfolio Characteristics
Fund
Benchmark
Average Market Cap (weighted)
$222.83 B
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Price/Book
5.12
-
Distribution Sources
  • C
Net Income
98.70%
Net Profit from Sale
0.00%
Other Capital Sources
1.30%
Documents
  1. 1. Access Index Definitions
  2. 2. This is a new fund with limited operating history and an inception date of 11/8/17.
  3. 3. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. Securities included in the Underlying Index are deemed to be quality securities pursuant to the Underlying Index’s methodology, but there is no guarantee that the past performance of these securities will continue. 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 alternatively-weighted 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. 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. The benchmark holdings data displayed is as of 12/06/2017.
  7. B. 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.
  8. C. There is no guarantee of the payment of any dividend or other distributions at any level.
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