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RIDV
Oppenheimer

International Ultra Dividend Revenue ETF

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Overview
NAV
  • A
(as of 12/11/2018)
$21.93
Daily Change
(as of 12/11/2018)
$0.09
0.42%
YTD
(as of 12/11/2018)
N/A
Expense Ratio
(as of 12/11/2018)
0.42%

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

Why RIDV?
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 12/11/2018)
$2.19 MM
Number of Holdings
(as of 12/11/2018)
201
Inception Date
August 7, 2018
Investment Style
Alternatively Weighted Strategy
Tracked Index
FTSE Custom Developed ex US Ultra Div Rev Index
Bloomberg Index Ticker
RIDVNR
Broad Benchmark
FTSE Developed ex US Index
Reuters Bridge Ticker
RIDV.IV
ISIN
US68386C7323
CUSIP
68386C732
Closing Price
(as of 12/11/2018)
$22.05
Midpoint Price
(as of 12/11/2018)
$22.07
Premium/Discount
(as of 12/11/2018)
0.64%
Premium/Discount Analysis
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Performance
Average Annual Total Returns
Cumulative Returns
Capital Gains Distributions
as of 11/30/2018
  • B
as of 09/30/2018
  • B

Market Price
Market Price
Market Price
Market Price
  • B
Cumulative
1 mo 3 mo since inception
International Ultra Dividend Revenue ETF (NAV)
-0.54% -5.50% -7.68%
FTSE Developed ex US Index
-0.08% -8.01% -9.10%
FTSE Custom Developed ex US Ultra Div Rev Index
-0.52% -5.40% -8.14%
Cumulative
1 mo 3 mo since inception
International Ultra Dividend Revenue ETF (Market Price)
- - -
FTSE Developed ex US Index
-0.08% -8.01% -9.10%
FTSE Custom Developed ex US Ultra Div Rev Index
-0.52% -5.40% -8.14%
Expense Ratio: 0.42%

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 International Ultra Dividend Revenue ETF FTSE Developed ex US Index FTSE Custom Developed ex US Ultra Div Rev Index

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 International Ultra Dividend Revenue ETF
8/7/2018 0.00
8/8/2018 0.04
8/9/2018 -0.20
8/10/2018 -2.70
8/11/2018 -2.70
8/12/2018 -2.70
8/13/2018 -3.22
8/14/2018 -3.70
8/15/2018 -5.17
8/16/2018 -4.17
8/17/2018 -4.21
8/18/2018 -4.21
8/19/2018 -4.21
8/20/2018 -3.74
8/21/2018 -2.66
8/22/2018 -2.03
8/23/2018 -2.50
8/24/2018 -1.95
8/25/2018 -1.95
8/26/2018 -1.95
8/27/2018 -1.07
8/28/2018 -0.95
8/29/2018 -1.03
8/30/2018 -1.79
8/31/2018 -2.94
9/1/2018 -2.94
9/2/2018 -2.94
9/3/2018 -2.94
9/4/2018 -3.82
9/5/2018 -3.78
9/6/2018 -4.09
9/7/2018 -4.65
9/8/2018 -4.65
9/9/2018 -4.65
9/10/2018 -4.09
9/11/2018 -4.05
9/12/2018 -3.54
9/13/2018 -3.02
9/14/2018 -2.82
9/15/2018 -2.82
9/16/2018 -2.82
9/17/2018 -2.19
9/18/2018 -1.79
9/19/2018 -1.35
9/20/2018 0.16
9/21/2018 0.79
9/22/2018 0.79
9/23/2018 0.79
9/24/2018 0.68
9/25/2018 1.11
9/26/2018 1.03
9/27/2018 0.75
9/28/2018 -0.92
9/29/2018 -0.92
9/30/2018 -0.92
10/1/2018 -1.36
10/2/2018 -1.96
10/3/2018 -1.56
10/4/2018 -1.68
10/5/2018 -2.36
10/6/2018 -2.36
10/7/2018 -2.36
10/8/2018 -3.68
10/9/2018 -3.40
10/10/2018 -3.24
10/11/2018 -5.39
10/12/2018 -5.67
10/13/2018 -5.67
10/14/2018 -5.67
10/15/2018 -5.31
10/16/2018 -4.64
10/17/2018 -5.19
10/18/2018 -5.95
10/19/2018 -5.99
10/20/2018 -5.99
10/21/2018 -5.99
10/22/2018 -6.67
10/23/2018 -8.07
10/24/2018 -8.91
10/25/2018 -8.87
10/26/2018 -9.67
10/27/2018 -9.67
10/28/2018 -9.67
10/29/2018 -8.71
10/30/2018 -8.83
10/31/2018 -7.79
11/1/2018 -7.03
11/2/2018 -6.83
11/3/2018 -6.83
11/4/2018 -6.83
11/5/2018 -6.39
11/6/2018 -6.63
11/7/2018 -5.35
11/8/2018 -5.35
11/9/2018 -6.39
11/10/2018 -6.39
11/11/2018 -6.39
11/12/2018 -7.59
11/13/2018 -7.15
11/14/2018 -7.35
11/15/2018 -7.87
11/16/2018 -7.31
11/17/2018 -7.31
11/18/2018 -7.31
11/19/2018 -7.07
11/20/2018 -8.71
11/21/2018 -7.99
11/22/2018 -7.99
11/23/2018 -9.19
11/24/2018 -9.19
11/25/2018 -9.19
11/26/2018 -7.87
11/27/2018 -8.35
11/28/2018 -8.43
11/29/2018 -7.67
11/30/2018 -8.27
Date Dividends
9/27/2018 0.1099

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

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 12/11/2018

Date 2013 2014 2015 2016 2017
Short Term
Long Term
Total Amount of Distribution
Record Date
Ex Div Date
Pay Date

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

Portfolio

Top Holdings

(49.6% of assets as of 12/11/2018)

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Portfolio Holdings Breakdown

Country
Equity Sector
Industry
Asset Allocation
Market Cap 9
Country International Ultra Dividend Revenue ETF FTSE Developed Ex US Index Overweight / Underweight
United Kingdom 22.5% 15.1% 7.4%
France 17.0% 9.1% 7.9%
Germany 12.6% 7.6% 5.0%
Italy 9.6% 2.1% 7.5%
Spain 7.1% 2.6% 4.4%
Canada 6.0% 7.4% -1.5%
Australia 5.4% 6.1% -0.7%
Netherlands 4.0% 2.7% 1.3%
Norway 2.4% 0.6% 1.7%
Belgium 2.2% 0.9% 1.3%
Sweden 1.8% 2.4% -0.6%
South Korea 1.7% 4.3% -2.5%
Hong Kong 1.6% 3.2% -1.5%
Switzerland 1.1% 7.5% -6.4%
Finland 1.0% 0.9% 0.1%
Portugal 0.9% 0.1% 0.7%
Singapore 0.8% 1.1% -0.3%
Israel 0.6% 0.5% 0.1%
Denmark 0.5% 1.5% -1.0%
United States 0.5% 0.1% 0.4%
Equity Sector International Ultra Dividend Revenue ETF FTSE Developed Ex US Index Overweight / Underweight
Financials 40.2% 20.8% 19.4%
Energy 19.8% 6.7% 13.1%
Communication Services 11.7% 5.4% 6.3%
Utilities 9.5% 3.4% 6.1%
Materials 5.3% 7.6% -2.4%
Consumer Discretionary 4.5% 10.4% -5.9%
Consumer Staples 3.6% 10.7% -7.1%
Industrials 2.9% 14.3% -11.4%
Real Estate 1.2% 3.2% -2.0%
Health Care 0.6% 10.5% -9.8%
Net Cash and Equivalents 0.3% - -
Information Technology 0.1% 6.9% -6.9%
Industry International Ultra Dividend Revenue ETF FTSE Developed Ex US Index Overweight / Underweight
Insurance 21.5% 5.5% 16.0%
Oil Gas & Consumable Fuels 19.6% 6.5% 13.1%
Banks 16.9% 12.2% 4.7%
Diversified Telecommunication Services 9.4% 2.2% 7.3%
Electric Utilities 5.1% 1.9% 3.2%
Multi-Utilities 3.5% 0.9% 2.6%
Metals & Mining 3.1% 3.2% -0.1%
Automobiles 2.6% 3.1% -0.4%
Chemicals 1.9% 3.4% -1.6%
Wireless Telecommunication Services 1.9% 1.5% 0.5%
Food & Staples Retailing 1.7% 1.8% -0.1%
Specialty Retail 1.3% 0.8% 0.5%
Capital Markets 1.2% 2.3% -1.1%
Beverages 1.2% 1.9% -0.6%
Gas Utilities 0.8% 0.4% 0.3%
Real Estate Management & Development 0.8% 2.0% -1.2%
Airlines 0.7% 0.2% 0.5%
Food Products 0.7% 3.3% -2.5%
Professional Services 0.6% 1.2% -0.7%
Pharmaceuticals 0.6% 7.1% -6.5%
Asset Allocation International Ultra Dividend Revenue ETF FTSE Developed Ex US Index Overweight / Underweight
Equity 99.5% 100.0% -0.5%
Net Cash and Equivalents 0.3% - -
Market Cap International Ultra Dividend Revenue ETF FTSE Developed Ex US Index Overweight / Underweight
Large 84.9% 82.6% 2.2%
Mid 14.1% 17.1% -3.0%
Small 0.5% 0.3% 0.2%
Net Cash and Equivalents 0.3% - -
Analytics
(As of 11/30/2018)

Yields
Standardized Yield
4.58%
Portfolio Characteristics
Fund
Broad Benchmark
Average Market Cap (weighted)
$53.25 B
$52.27 B
Median Market Cap (weighted)
$46.61 B
$30.46 B
P/E Ratio (LTM)
11.26
14.17
P/E Ratio (NTM)
9.68
12.35
Price/Book
1.15
1.64
Price/Sales Ratio
0.64
1.08
Price/Cash Flow Ratio
5.07%
8.79%
Turnover Ratio
-
-
Dividends
  • C
Est. Frequency
Quarterly
Last Pay Date
9/27/2018
Per Share ($)
$0.1099
12-Month Distribution ($)
$0.1099
Distribution Sources
  • C
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 International 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 Developed ex US 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 International 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 International 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. 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. The FTSE Developed ex-US Index is part of a range of indexes designed to help US investors benchmark their international investments. The index comprises Large (85%) and Mid (15%) cap stocks providing coverage of Developed markets (24 countries) excluding the US. The index is derived from the FTSE Global Equity Index Series (GEIS), which covers 98% of the world’s investable market capitalization.  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 Developed ex-US, identifies 200 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. 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.
  12. C. There is no guarantee of the payment of any dividend or other distributions at any level.
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