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RWL
Oppenheimer

Large Cap Revenue ETF

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Overview
NAV
  • A
(as of 11/16/2017)
$48.78
Daily Change
(as of 11/16/2017)
$0.67
1.38%
YTD
(as of 11/16/2017)
13.63%
Expense Ratio
(as of 11/16/2017)
0.39%

The strategy provides access to the same securities as the S&P 500 Index, weighted by top line revenue instead of market capitalization.

Why RWL?
1. Broad exposure to the S&P 500 universe.
2. Greater exposure to lower valuation companies than the market-cap benchmark.
3. Consider for large-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 11/16/2017)
$803.00 MM
Number of Holdings
(as of 11/16/2017)
507
Inception Date
February 19, 2008
Investment Style
Alternatively Weighted Strategy
Benchmark
OFI Revenue Weighted Large Cap Index™
Index
S&P 500 Index
Bloomberg Index Ticker
REVWLT
Reuters Bridge Ticker
RWL.IV
ISIN
US68386C1045
CUSIP
68386C104
Closing Price
(as of 11/16/2017)
$48.79
Premium/Discount
(as of 11/16/2017)
0.01%
Midpoint Price
(as of 11/16/2017)
$48.79
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 10/31/2017
  • B,C
as of 09/30/2017
  • B,C

Market Price
Market Price
Market Price
Market Price
  • B,C
Cumulative
Annualized
3 mo ytd as of 2017-09-30
1 yr 3 yr 5 yr since inception
Large Cap Revenue ETF (NAV)
3.64% 11.07% 16.80% 9.39% 14.40% 8.74%
Cumulative
Annualized
3 mo ytd as of 2017-09-30
1 yr 3 yr 5 yr since inception
Large Cap Revenue ETF (Market Price)
3.58% 11.03% 16.84% 9.38% 14.42% 8.74%
Cumulative
Annualized
3 mo ytd as of 2017-10-31
1 yr 3 yr 5 yr since inception
Large Cap Revenue ETF (NAV)
3.04% 12.42% 20.73% 9.00% 14.78% 8.80%
Cumulative
Annualized
3 mo ytd as of 2017-10-31
1 yr 3 yr 5 yr since inception
Large Cap Revenue ETF (Market Price)
2.88% 12.27% 20.55% 8.97% 14.78% 8.79%
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 Large Cap Revenue ETF S&P 500 Index
2009 30.18% 26.46%
2010 16.93% 15.06%
2011 0.38% 2.11%
2012 18.08% 16.00%
2013 37.68% 32.39%
2014 13.35% 13.69%
2015 -1.21% 1.38%
2016 12.25% 11.96%

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 Large Cap Revenue ETF S&P 500 Index OFI Rev Weighted Lg Cap Ix
10/31/2012 0.00 0.00 0.00
11/30/2012 0.49 0.58 0.54
12/31/2012 2.42 1.50 2.55
1/31/2013 8.84 6.75 9.01
2/28/2013 10.81 8.20 11.05
3/31/2013 15.98 12.26 16.26
4/30/2013 17.59 14.42 17.95
5/31/2013 21.22 17.10 21.62
6/30/2013 19.73 15.53 20.22
7/31/2013 26.32 21.41 26.92
8/31/2013 22.49 17.89 23.10
9/30/2013 25.90 21.59 26.58
10/31/2013 32.31 27.18 33.10
11/30/2013 37.58 31.05 38.47
12/31/2013 41.00 34.37 41.95
1/31/2014 35.08 29.72 36.06
2/28/2014 40.65 35.66 41.75
3/31/2014 43.01 36.80 44.22
4/30/2014 44.74 37.81 46.04
5/31/2014 47.50 41.04 48.88
6/30/2014 49.47 43.96 50.97
7/31/2014 47.49 41.97 49.10
8/31/2014 53.52 47.65 55.26
9/30/2014 50.37 45.58 52.15
10/31/2014 53.88 49.14 55.75
11/30/2014 59.07 53.15 60.99
12/31/2014 59.83 52.76 61.79
1/31/2015 55.00 48.18 56.93
2/28/2015 64.19 56.69 66.29
3/31/2015 62.42 54.22 64.68
4/30/2015 62.91 55.69 65.27
5/31/2015 64.65 57.70 66.92
6/30/2015 61.30 54.64 63.43
7/31/2015 62.97 57.88 65.23
8/31/2015 53.23 48.36 55.39
9/30/2015 49.43 44.69 51.45
10/31/2015 59.64 56.89 61.82
11/30/2015 60.08 57.36 62.28
12/31/2015 57.90 54.88 59.97
1/31/2016 49.33 47.19 51.38
2/29/2016 50.58 46.99 52.72
3/31/2016 61.06 56.96 63.48
4/30/2016 61.73 57.57 64.22
5/31/2016 63.25 60.40 65.82
6/30/2016 63.82 60.82 66.46
7/31/2016 69.27 66.75 72.09
8/31/2016 69.31 66.98 72.22
9/30/2016 68.54 67.01 71.51
10/31/2016 65.04 63.97 68.03
11/30/2016 74.49 70.04 77.72
12/31/2016 77.22 73.40 80.54
1/31/2017 79.58 76.69 83.03
2/28/2017 86.35 83.70 89.98
3/31/2017 85.41 83.92 89.05
4/30/2017 86.57 85.81 90.31
5/31/2017 88.53 88.42 92.38
6/30/2017 89.96 89.60 93.92
7/31/2017 93.36 93.50 97.56
8/31/2017 91.39 94.09 95.60
9/30/2017 96.85 98.09 101.21
10/31/2017 99.23 102.72 103.71

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 11/17/2017

Date 2012 2013 2014 2015 2016
Short Term
Long Term 0.0379 0.0277
Total Amount of Distribution 0.0379 0.0277
Record Date 12/31/14 12/31/15
Ex Div Date 12/29/14 12/29/15
Pay Date 1/5/15 1/4/16

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

Portfolio

Top Holdings

(32.0% of assets as of 11/16/2017)

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Portfolio Holdings Breakdown

Country 3
Developed Markets 3
Emerging Markets 3
Equity Sector 3
Industry 3
Asset Allocation 3
Country Large Cap Revenue ETF S&P 500 Index Overweight / Underweight
United States 99.8% 100.0% -0.2%
Net Cash and Equivalents 0.2% - -
Developed Markets Large Cap Revenue ETF S&P 500 Index Overweight / Underweight
Americas 99.8% 100.0% -0.2%
Net Cash and Equivalents 0.2% - -
Emerging Markets Large Cap Revenue ETF S&P 500 Index Overweight / Underweight
Net Cash and Equivalents 0.2% - -
Equity Sector Large Cap Revenue ETF S&P 500 Index Overweight / Underweight
Consumer Discretionary 16.0% 12.0% 4.0%
Health Care 15.2% 14.1% 1.1%
Consumer Staples 15.0% 8.2% 6.8%
Financials 14.1% 14.4% -0.3%
Information Technology 11.8% 24.7% -12.9%
Industrials 11.2% 9.9% 1.4%
Energy 7.5% 5.8% 1.7%
Utilities 2.9% 3.2% -0.3%
Materials 2.8% 3.0% -0.2%
Telecommunication Services 2.5% 1.8% 0.6%
Real Estate 0.9% 3.0% -2.2%
Net Cash and Equivalents 0.2% - -
Industry Large Cap Revenue ETF S&P 500 Index Overweight / Underweight
Health Care Providers & Services 10.4% 2.7% 7.6%
Food & Staples Retailing 10.3% 1.8% 8.5%
Oil Gas & Consumable Fuels 6.9% 5.1% 1.8%
Banks 4.7% 6.3% -1.6%
Insurance 4.4% 2.7% 1.6%
Technology Hardware Storage & Peripherals 3.4% 4.5% -1.1%
Specialty Retail 3.2% 2.1% 1.1%
Automobiles 3.1% 0.5% 2.6%
Aerospace & Defense 3.0% 2.5% 0.6%
Media 2.8% 2.7% 0.1%
Diversified Telecommunication Services 2.5% 1.8% 0.6%
Diversified Financial Services 2.3% 1.6% 0.6%
IT Services 2.3% 4.1% -1.9%
Pharmaceuticals 2.1% 4.7% -2.6%
Food Products 2.0% 1.2% 0.8%
Semiconductors & Semiconductor Equipment 2.0% 4.2% -2.2%
Capital Markets 1.8% 3.0% -1.1%
Electric Utilities 1.8% 2.0% -0.2%
Internet & Direct Marketing Retail 1.8% 2.9% -1.1%
Machinery 1.8% 1.7% 0.1%
Asset Allocation Large Cap Revenue ETF S&P 500 Index Overweight / Underweight
Equity 99.8% 100.0% -0.2%
Net Cash and Equivalents 0.2% - -
Analytics
(As of 10/31/2017)

Morningstar 10/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
1102
Category
Large Value
Performance Statistics
3Y
Alpha
-1.36
Beta
0.97
Information Ratio
-0.76
Sharpe Ratio
0.87
Standard Deviation
10.07
Dividends
  • D
Est. Frequency
Quarterly
Last Pay Date
10/6/2017
Per Share ($)
$0.22
Net Income
94.28%
Net Profit from Sale
0.00%
Other Capital Sources
5.72%
12-Month Distribution ($)
$0.81
Portfolio Characteristics
Fund
Benchmark
Average Market Cap (weighted)
$139.58 B
-
Price/Book
2.63
-
Turnover Ratio
15.22%
-
Documents
  1. 1. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. 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.
  2. 2. Access Index Definitions
  3. 3. Holdings are subject to change, and are dollar weighted based on total net assets.
  4. 4. 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.
  5. 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.
  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. 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.

    On 2/22/2008 and 3/31/2008 for RWL, the last trade price was used to calculate market return because 4:00pm EST midpoint bid/ask prices are not available on those dates. On 9/30/2008, the last trade price for RWL was used to calculate market return because an uncorrected, failed trade resulted in an incorrect 4:00pm EST midpoint bid/ask price on that date.

    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.

    Returns are preliminary and subject to change until the first business day of the month.
  8. D. There is no guarantee of the payment of any dividend or other distributions at any level.
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