Spoof Access

×
RWK
Oppenheimer

S&P MidCap 400 Revenue ETF

×
Overview
NAV
  • A
(as of 12/14/2018)
$53.46
Daily Change
(as of 12/14/2018)
$-0.87
-1.60%
YTD
(as of 12/14/2018)
-11.21%
Expense Ratio
(as of 12/14/2018)
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 12/14/2018)
$329.00 MM
Number of Holdings
(as of 12/14/2018)
388
Inception Date
February 20, 2008
Investment Style
Alternatively Weighted Strategy
Tracked Index
S&P MidCap 400 Revenue-Weighted Index™
Bloomberg Index Ticker
REVWMT
Broad Benchmark
S&P MidCap 400 Index
Style Benchmark
S&P MidCap 400 Value Index
Reuters Bridge Ticker
RWK.IV
ISIN
US68386C2035
CUSIP
68386C203
Closing Price
(as of 12/14/2018)
$53.40
Midpoint Price
(as of 12/14/2018)
$53.45
Premium/Discount
(as of 12/14/2018)
-0.01%
Premium/Discount Analysis
×
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year 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
Annualized
ytd as of 2018-09-30
1 yr 3 yr 5 yr 10 yr since inception
S&P MidCap 400 Revenue ETF (NAV)
4.32% 10.37% 13.19% 9.94% 12.33% 10.25%
S&P MidCap 400 Index
7.49% 14.21% 15.68% 11.91% 12.49% 10.73%
S&P MidCap 400 Value Index
6.04% 11.72% 15.49% 11.28% 11.65% 10.09%
S&P MidCap 400 Revenue-Weighted Index™
4.62% 10.74% 13.74% 10.50% 13.04% 10.95%
Cumulative
Annualized
ytd as of 2018-09-30
1 yr 3 yr 5 yr 10 yr since inception
S&P MidCap 400 Revenue ETF (Market Price)
4.25% 10.28% 13.19% 9.93% 12.32% 10.25%
S&P MidCap 400 Index
7.49% 14.21% 15.68% 11.91% 12.49% 10.73%
S&P MidCap 400 Value Index
6.04% 11.72% 15.49% 11.28% 11.65% 10.09%
S&P MidCap 400 Revenue-Weighted Index™
4.62% 10.74% 13.74% 10.50% 13.04% 10.95%
Cumulative
Annualized
ytd as of 2018-11-30
1 yr 3 yr 5 yr 10 yr since inception
S&P MidCap 400 Revenue ETF (NAV)
-2.23% -1.39% 8.43% 7.39% 16.07% 9.43%
S&P MidCap 400 Index
0.26% 0.48% 10.48% 9.27% 15.60% 9.85%
S&P MidCap 400 Value Index
-0.58% 0.00% 10.27% 8.75% 14.75% 9.27%
S&P MidCap 400 Revenue-Weighted Index™
-1.90% -1.05% 8.93% 7.93% 16.77% 10.11%
Cumulative
Annualized
ytd as of 2018-11-30
1 yr 3 yr 5 yr 10 yr since inception
S&P MidCap 400 Revenue ETF (Market Price)
-2.25% -1.44% 8.46% 7.35% 16.24% 9.42%
S&P MidCap 400 Index
0.26% 0.48% 10.48% 9.27% 15.60% 9.85%
S&P MidCap 400 Value Index
-0.58% 0.00% 10.27% 8.75% 14.75% 9.27%
S&P MidCap 400 Revenue-Weighted Index™
-1.90% -1.05% 8.93% 7.93% 16.77% 10.11%
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 S&P MidCap 400 Revenue ETF S&P MidCap 400 Index S&P MidCap 400 Value Index S&P MidCap 400 Revenue-Weighted Index™
2009 51.88% 37.38% 33.73% 52.73%
2010 23.26% 26.64% 22.78% 24.11%
2011 -1.56% -1.73% -2.43% -0.65%
2012 15.84% 17.88% 18.53% 16.64%
2013 40.60% 33.50% 34.25% 41.45%
2014 9.48% 9.77% 12.10% 10.13%
2015 -5.79% -2.18% -6.65% -5.35%
2016 21.58% 20.74% 26.53% 22.37%
2017 12.88% 16.24% 12.32% 13.26%

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 S&P MidCap 400 Revenue ETF S&P 400 Mid Cap Index OFI Rev Weighted Md Cap Ix
11/30/2008 0.00 0.00 0.00
12/31/2008 6.85 4.85 7.01
1/31/2009 -0.04 -2.76 0.20
2/28/2009 -10.68 -12.17 -10.44
3/31/2009 -0.24 -4.23 0.09
4/30/2009 20.43 10.01 20.84
5/31/2009 26.20 13.02 26.70
6/30/2009 26.40 13.73 26.90
7/31/2009 39.21 23.67 39.84
8/31/2009 46.00 29.07 46.69
9/30/2009 54.39 36.45 55.27
10/31/2009 44.77 30.26 45.58
11/30/2009 51.83 35.53 52.79
12/31/2009 62.29 44.04 63.43
1/31/2010 56.76 39.41 57.92
2/28/2010 65.59 46.67 66.91
3/31/2010 77.59 57.14 79.13
4/30/2010 84.33 63.83 86.02
5/31/2010 70.69 52.04 72.37
6/30/2010 55.56 42.08 57.23
7/31/2010 66.42 51.89 68.36
8/31/2010 57.09 44.39 58.97
9/30/2010 75.62 60.71 77.79
10/31/2010 81.26 66.25 83.60
11/30/2010 87.62 71.19 90.14
12/31/2010 100.04 82.41 102.84
1/31/2011 104.58 86.06 107.58
2/28/2011 113.27 94.72 116.44
3/31/2011 119.44 99.49 122.84
4/30/2011 123.38 104.91 126.93
5/31/2011 120.05 102.15 123.65
6/30/2011 115.29 98.03 118.59
7/31/2011 105.50 91.03 108.80
8/31/2011 90.13 77.44 93.31
9/30/2011 69.18 58.66 72.65
10/31/2011 95.57 80.47 99.88
11/30/2011 97.55 79.93 102.15
12/31/2011 96.91 79.25 101.53
1/31/2012 112.03 91.09 117.12
2/29/2012 121.33 99.69 126.73
3/31/2012 124.48 103.44 130.11
4/30/2012 124.08 102.99 129.79
5/31/2012 104.66 89.83 109.98
6/30/2012 109.43 93.42 115.24
7/31/2012 104.55 93.33 110.04
8/31/2012 109.81 100.06 115.45
9/30/2012 114.38 103.94 120.23
10/31/2012 115.66 102.32 122.23
11/30/2012 121.85 106.78 128.22
12/31/2012 128.09 111.30 135.06
1/31/2013 149.51 126.55 157.25
2/28/2013 152.84 128.78 160.73
3/31/2013 166.11 139.72 174.51
4/30/2013 165.64 141.23 174.18
5/31/2013 176.87 146.68 186.30
6/30/2013 170.05 142.12 179.20
7/31/2013 190.87 157.12 200.80
8/31/2013 180.19 147.49 189.77
9/30/2013 194.79 160.39 205.09
10/31/2013 204.58 170.06 215.52
11/30/2013 210.79 173.63 221.77
12/31/2013 220.70 182.08 232.50
1/31/2014 210.34 176.09 221.84
2/28/2014 224.51 189.58 236.74
3/31/2014 227.67 190.65 240.44
4/30/2014 224.41 186.11 237.24
5/31/2014 231.47 191.19 244.75
6/30/2014 243.70 203.23 257.79
7/31/2014 229.52 190.27 243.05
8/31/2014 246.89 205.03 261.40
9/30/2014 227.64 191.15 241.24
10/31/2014 237.37 201.53 251.73
11/30/2014 246.40 207.11 261.10
12/31/2014 251.10 209.64 266.17
1/31/2015 240.20 206.16 254.88
2/28/2015 264.26 221.85 280.29
3/31/2015 267.74 226.09 284.28
4/30/2015 262.69 221.23 279.13
5/31/2015 268.00 226.94 284.81
6/30/2015 259.63 222.63 276.31
7/31/2015 257.05 223.07 273.63
8/31/2015 241.95 205.05 258.01
9/30/2015 226.55 195.22 241.58
10/31/2015 246.48 211.85 262.63
11/30/2015 248.16 216.07 264.60
12/31/2015 230.78 202.90 246.60
1/31/2016 209.30 185.67 223.97
2/29/2016 220.52 189.70 235.82
3/31/2016 251.67 214.37 269.10
4/30/2016 252.07 218.22 269.70
5/31/2016 251.77 225.57 269.65
6/30/2016 251.04 226.92 269.19
7/31/2016 270.56 240.95 289.88
8/31/2016 270.19 242.65 289.62
9/30/2016 269.82 240.47 289.35
10/31/2016 259.32 231.36 278.64
11/30/2016 295.16 257.89 316.60
12/31/2016 302.13 265.72 324.14
1/31/2017 308.29 271.86 330.71
2/28/2017 312.38 281.61 335.12
3/31/2017 312.83 280.13 335.79
4/30/2017 312.50 283.31 335.56
5/31/2017 307.36 281.44 330.19
6/30/2017 319.35 287.62 343.19
7/31/2017 321.14 291.04 345.27
8/31/2017 314.06 285.03 337.89
9/30/2017 329.11 300.11 353.86
10/31/2017 331.82 309.16 356.77
11/30/2017 350.12 324.20 376.23
12/31/2017 353.91 325.13 380.39
1/31/2018 366.19 337.35 393.48
2/28/2018 341.77 317.96 367.71
3/31/2018 341.79 321.85 367.92
4/30/2018 336.39 320.75 362.31
5/31/2018 357.02 338.11 384.34
6/30/2018 359.09 339.96 386.83
7/31/2018 373.75 347.72 402.48
8/31/2018 383.45 362.02 413.00
9/30/2018 373.53 356.96 402.59
10/31/2018 331.62 313.34 358.13
11/30/2018 343.83 326.24 371.24

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 12/17/2018

Date 2013 2014 2015 2016 2017
Short Term
Long Term 0.2153 0.1693
Total Amount of Distribution 0.2153 0.1693
Record Date 12/31/13 12/31/14
Ex Div Date 12/27/13 12/29/14
Pay Date 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

(28.9% of assets as of 12/14/2018)

×

Portfolio Holdings Breakdown

Country
Equity Sector
Industry
Asset Allocation
Market Cap 9
Country S&P MidCap 400 Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
United States 99.9% 100.0% -0.1%
Net Cash and Equivalents 0.1% - -
Equity Sector S&P MidCap 400 Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Information Technology 17.9% 15.2% 2.7%
Consumer Discretionary 16.9% 11.6% 5.3%
Industrials 16.8% 15.2% 1.5%
Financials 10.9% 16.0% -5.2%
Materials 8.9% 6.5% 2.4%
Health Care 7.3% 10.1% -2.8%
Energy 6.6% 4.0% 2.6%
Consumer Staples 4.2% 3.0% 1.2%
Real Estate 3.7% 10.0% -6.3%
Utilities 3.7% 5.7% -2.0%
Communication Services 2.9% 2.6% 0.3%
Net Cash and Equivalents 0.1% - -
Industry S&P MidCap 400 Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Electronic Equipment Instruments & Components 11.6% 4.0% 7.6%
Insurance 6.4% 4.9% 1.5%
Specialty Retail 6.3% 2.1% 4.2%
Oil Gas & Consumable Fuels 5.7% 2.7% 3.0%
Machinery 4.2% 5.1% -0.8%
Health Care Providers & Services 4.1% 2.1% 2.0%
Metals & Mining 3.4% 2.0% 1.4%
Hotels Restaurants & Leisure 3.0% 4.0% -1.0%
Construction & Engineering 3.0% 1.2% 1.8%
Chemicals 2.7% 2.6% 0.1%
Food Products 2.5% 1.8% 0.7%
Banks 2.4% 7.2% -4.8%
Containers & Packaging 2.2% 1.4% 0.8%
Household Durables 2.2% 1.5% 0.7%
Road & Rail 2.2% 1.6% 0.5%
Equity Real Estate Investment Trusts (REITs) 2.2% 9.5% -7.2%
IT Services 2.1% 2.7% -0.6%
Gas Utilities 1.8% 2.5% -0.7%
Professional Services 1.7% 1.1% 0.6%
Auto Components 1.6% 0.8% 0.9%
Asset Allocation S&P MidCap 400 Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Equity 99.7% 100.0% -0.3%
Net Cash and Equivalents 0.1% - -
Market Cap S&P MidCap 400 Revenue ETF S&P 400 Mid Cap Index Overweight / Underweight
Mid 59.2% 74.2% -15.0%
Small 40.4% 25.8% 14.6%
Net Cash and Equivalents 0.1% - -
Analytics
(As of 11/30/2018)

Morningstar 11/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
364
Category
Mid-Cap Value
Performance Statistics
3Y
5Y
Alpha
-2.45
-2.24
Beta
1.07
1.07
Information Ratio
-0.57
-0.56
R-Squared
93.00
93.40
Sharpe Ratio
0.60
0.57
Standard Deviation
13.21
12.79
Upside Capture
96.99
99.36
Downside Capture
111.72
113.76
Yields
Standardized Yield
1.09%
Portfolio Characteristics
Fund
Broad Benchmark
Average Market Cap (weighted)
$4.63 B
$5.46 B
Median Market Cap (weighted)
$4.17 B
$4.95 B
P/E Ratio (LTM)
12.82
17.30
P/E Ratio (NTM)
11.93
16.02
Price/Book
1.91
2.43
Price/Sales Ratio
0.39
1.38
Price/Cash Flow Ratio
9.48%
12.04%
Turnover Ratio
33.78%
-
Dividends
  • C
Est. Frequency
Quarterly
Last Pay Date
9/27/2018
Per Share ($)
$0.1625
12-Month Distribution ($)
$0.5963
Distribution Sources
  • C
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Documents
  1. 1. Prior to 6/5/18, the Fund's name was Oppenheimer Mid Cap Revenue ETF.
  2. 2. Access historical premium/discount information
  3. 3. The S&P MidCap 400 Revenue-Weighted Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and has been licensed for use by OppenheimerFunds, Inc.  Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); the Oppenheimer S&P MidCap 400 Revenue ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P MidCap 400 Revenue-Weighted Index.
  4. 4. 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.
  5. 5. The Closing Price is the price of the last reported trade on the Fund's primary exchange.
  6. 6. The S&P MidCap 400® Index measures the performance of mid-sized US companies, reflecting the distinctive risk and return characteristics of this market segment. It comprises stocks in the middle capitalization range, covering approximately 7% of the of US equity market. The index is unmanaged, includes the reinvestment of dividends and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
  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. 10. Standardized yield is based on an SEC standardized formula designed to approximate a Fund's annualized hypothetical current income from securities less expenses for the 30-day period ending and including the most recent month-end (or quarter-end) and either that date's maximum offering price (Class A shares) or net asset value (for other share classes).
  11. 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.
  12. 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.
  13. C. There is no guarantee of the payment of any dividend or other distributions at any level.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )