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Revenue Weighted Strategy

The strategy is comprised of the same securities as the S&P 500 Financials (Sector) Index. Each security in the fund is ranked by top line revenue, instead of market capitalization.
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Financials Sector Revenue ETF

RWW

The strategy is comprised of the same securities as the S&P 500 Financials (Sector) Index. Each security in the fund is ranked by top line revenue, instead of market capitalization.

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Cumulative Total Returns

as of 7/31/17

Since Inception 11/10/08
190%
Performance & Distributions
×

Revenue Weighted Strategy

Gross Expense Ratio:
      0.83%
    Net Expense Ratio:   0.49%

    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.

    Cumulative Returns
    • A

    Compare to Indices

    Financials Sector Revenue ETF
    VALUE of $10,000.00

    Calendar Year Returns %
    Data as of 8/16/17
      2009 2010 2011 2012 2013 2014 2015 2016 YTD
    Financials Sector Revenue ETF 26.86 17.12 -23.94 35.39 42.26 13.02 -4.07 22.23 8.67
    S&P 500 Financials (Sector) Index 17.22 12.13 -17.06 28.82 35.63 15.20 -1.53 22.80

    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.

    Average Annual Total Returns
    • B

    as of 7/31/17

    as of 6/30/17

    YTD (as of 8/16/17)
    8.67%
    1 Year 34.48% 34.65%
    3 Year 12.49% 12.52%
    5 Year 19.43% 19.47%
    Since Inception 12.97% 12.97%
    YTD (as of 8/16/17)
    8.67%
    1 Year 36.14% 36.20%
    3 Year 11.00% 11.00%
    5 Year 18.67% 18.68%
    Since Inception 12.83% 12.82%
    Performance History with Indices
    ×
    Gross Expense Ratio
    0.83%
    Net Expense Ratio
    0.49%
    NAV
    • C
    as of 8/16/17
    $62.27
    Closing Price
    as of 8/16/2017
    Market Close $62.28
    Bid/Ask Midpoint $62.28
    Bid/Ask Prem/Disc 0.01%
    Tickers & ISIN
    Index Bloomberg Ticker REVWFINT
    Reuters Bridge Ticker RWW.IV
    ISIN US68386C8073

    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.

    Top Holdings

    08/15/17

    See Full Holdings

    Berkshire Hathaway, Inc., Cl....
    16.2%
    JPMorgan Chase & Co.
    7.6%
    Bank of America Corp.
    6.5%
    Wells Fargo & Co.
    5.9%
    Citigroup, Inc.
    5.8%
    Prudential Financial, Inc.
    3.8%
    American International Group
    3.5%
    MetLife, Inc.
    3.4%
    Morgan Stanley
    2.8%
    Goldman Sachs Group, Inc.
    2.7%
    Allstate Corp. (The)
    2.5%
    American Express Co.
    2.4%
    Chubb Ltd.
    2.1%
    Capital One Financial Corp.
    1.9%
    Travelers Cos Inc.
    1.8%
    Progressive Corp.
    1.7%
    Aflac, Inc.
    1.5%
    U.S. Bancorp
    1.5%
    Brighthouse Financial, Inc.
    1.3%
    Hartford Financial Services G...
    1.3%
    ×
    • 16.2%
      Berkshire Hathaway, Inc., Cl. B
    • Operates as a holding company which offers insurance and distribution services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Diversified Financial Services
    ×
    • 7.6%
      JPMorgan Chase & Co.
    • Provides investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 6.5%
      Bank of America Corp.
    • Bank holding company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 5.9%
      Wells Fargo & Co.
    • Operates as a diversified, community-based financial services and bank holding company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 5.8%
      Citigroup, Inc.
    • Provides banking services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 3.8%
      Prudential Financial, Inc.
    • Provides insurance, investment, securities brokerage and other financial services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 3.5%
      American International Group
    • Operates as a global insurance company, which provides property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 3.4%
      MetLife, Inc.
    • Provides insurance and financial services and also function as bank holding company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 2.8%
      Morgan Stanley
    • Provides diversified financial services including brokerage, investment management and venture capital services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Capital Markets
    ×
    • 2.7%
      Goldman Sachs Group, Inc.
    • Provides investment banking, securities and asset management services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Capital Markets
    ×
    • 2.5%
      Allstate Corp. (The)
    • Engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 2.4%
      American Express Co.
    • Provides credit card, financial and global travel services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Consumer Finance
    ×
    • 2.1%
      Chubb Ltd.
    • Operates as a holding company for a family of property and casualty insurance companies
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.9%
      Capital One Financial Corp.
    • Operates as a holding company which provides financial products and services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Consumer Finance
    ×
    • 1.8%
      Travelers Cos Inc.
    • Provides commercial, personal property and casualty insurance products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.7%
      Progressive Corp.
    • Provides automobile and casualty insurance services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.5%
      Aflac, Inc.
    • Provides supplemental life and health insurance services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.5%
      U.S. Bancorp
    • Operates as a bank holding company, which through its subsidiary provides banking services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 1.3%
      Brighthouse Financial, Inc.
    • Provides life insurance and retirement income services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.3%
      Hartford Financial Services Group, Inc.
    • Provides property & casualty insurance services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    Holdings Breakdown

    as of 08/15/17

    100.0%

    United States

    100.0%

    Americas

    100.0%

    Financials

    32.4%

    Banks

    31.3%

    Insurance

    16.9%

    Diversified Financial Services

    13.1%

    Capital Markets

    6.3%

    Consumer Finance

    100.0%

    Risk Measurements

    as of 07/31/17

    Alpha -1.28%
    Beta 1.03
    Bear Beta 1.12
    Bull Beta 0.97
    Excess Return -1.06
    Sharpe Ratio
    0.80
    Standard Deviation
    15.90%
    Sortino Ratio
    1.34
    Information Ratio
    -0.52
    Equity Style
    Total Assets
    as of 7/31/17
    $34.3 MM
    Portfolio Statistics

    as of 7/31/17

    Avg Market Cap (weighted) 162.02 BN
    Price/Book Value (LTM) 1.29
    Turnover Ratio
    20.42%
    Price/Sales Ratio 1.87
    Number of Securities
    as of 08/15/17
    67
    Dividends ($ per share)
    • D
    Est Frequency Quarterly
    Pay Date 7/11/17
    Per Share ($) 0.1660
    12-Month Distribution ($) 0.7019
    Distribution Sources
    Net Income 100.00%
    Net Profit from Sale 0.00%
    Other Capital Sources 0.00%
    Top Holdings

    08/15/17

    See Full Holdings

    Berkshire Hatha...
    16.2%
    JPMorgan Chase ...
    7.6%
    Bank of America...
    6.5%
    Wells Fargo & C...
    5.9%
    Citigroup, Inc....
    5.8%
    Prudential Fina...
    3.8%
    American Intern...
    3.5%
    MetLife, Inc.
    3.4%
    Morgan Stanley
    2.8%
    Goldman Sachs G...
    2.7%
    Allstate Corp. ...
    2.5%
    American Expres...
    2.4%
    Chubb Ltd.
    2.1%
    Capital One Fin...
    1.9%
    Travelers Cos I...
    1.8%
    Progressive Cor...
    1.7%
    Aflac, Inc.
    1.5%
    U.S. Bancorp
    1.5%
    Brighthouse Fin...
    1.3%
    Hartford Financ...
    1.3%
    Holdings Breakdown

    as of 08/15/17

    Reset
    100.0%

    United States

    100.0%

    Americas

    100.0%

    Financials

    32.4%

    Banks

    31.3%

    Insurance

    16.9%

    Diversified Financial Services

    13.1%

    Capital Markets

    6.3%

    Consumer Finance

    100.0%

    ×
    • 16.2%
      Berkshire Hathaway, Inc., Cl. B
    • Operates as a holding company which offers insurance and distribution services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Diversified Financial Services
    ×
    • 7.6%
      JPMorgan Chase & Co.
    • Provides investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 6.5%
      Bank of America Corp.
    • Bank holding company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 5.9%
      Wells Fargo & Co.
    • Operates as a diversified, community-based financial services and bank holding company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 5.8%
      Citigroup, Inc.
    • Provides banking services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 3.8%
      Prudential Financial, Inc.
    • Provides insurance, investment, securities brokerage and other financial services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 3.5%
      American International Group
    • Operates as a global insurance company, which provides property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 3.4%
      MetLife, Inc.
    • Provides insurance and financial services and also function as bank holding company
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 2.8%
      Morgan Stanley
    • Provides diversified financial services including brokerage, investment management and venture capital services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Capital Markets
    ×
    • 2.7%
      Goldman Sachs Group, Inc.
    • Provides investment banking, securities and asset management services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Capital Markets
    ×
    • 2.5%
      Allstate Corp. (The)
    • Engages in the provision of personal property and casualty insurance, life insurance, and retirement and investment products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 2.4%
      American Express Co.
    • Provides credit card, financial and global travel services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Consumer Finance
    ×
    • 2.1%
      Chubb Ltd.
    • Operates as a holding company for a family of property and casualty insurance companies
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.9%
      Capital One Financial Corp.
    • Operates as a holding company which provides financial products and services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Consumer Finance
    ×
    • 1.8%
      Travelers Cos Inc.
    • Provides commercial, personal property and casualty insurance products
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.7%
      Progressive Corp.
    • Provides automobile and casualty insurance services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.5%
      Aflac, Inc.
    • Provides supplemental life and health insurance services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.5%
      U.S. Bancorp
    • Operates as a bank holding company, which through its subsidiary provides banking services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Banks
    ×
    • 1.3%
      Brighthouse Financial, Inc.
    • Provides life insurance and retirement income services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×
    • 1.3%
      Hartford Financial Services Group, Inc.
    • Provides property & casualty insurance services
      Source: FactSet
    ASSET ALLOCATION Equity
    COUNTRY United States
    DEVELOPED MARKETS Americas
    EQUITY SECTOR Financials
    INDUSTRY Insurance
    ×

    Management

    Frank A. Vallario

    Managed Fund since 8/17

    Sean P. Reichert

    Managed Fund since 9/14

    Investment Approach

    Oppenheimer Financials Sector Revenue ETF gives investors targeted access to the same stocks as the S&P 500 Financials Index, which consists of those S&P 500 companies classified in the Financials sector using the Global Industry Classification Standard (GICS) system. We weight each security in the index by revenue instead of by market capitalization, producing what we think is a better representation of the economic reality of the Financials investment universe.

    1. 1. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. Securities issued by companies in the financial services sector which may be susceptible to economic and regulatory events, and increased volatility. 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. 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.
    2. 2. The net expense ratio takes into account contractual fee waivers and/or expense reimbursements, without which performance would have been less. These undertakings may not be amended or withdrawn until December 2, 2017, unless approved by the Board.
    3. 3. Access Index Definitions
    4. 4. Holdings are subject to change, and are dollar weighted based on total new assets.
    5. A. 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.
    6. 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.
    7. C. 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. D. There is no guarantee of the payment of any dividend or other distributions at any level.
    ×
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