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Private Client Group
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Revenue Weighted Strategy

Financials Sector Revenue ETF

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.

RWW CUSIP: 68386C807

PRICES (as of 9/22/2017)
Closing Price
$63.13
Mid-Point Price
$63.14
Premium/Discount
-0.04%
TICKERS & ISIN
Index Bloomberg Ticker
REVWFINT
Reuters Bridge Ticker
RWW.IV
ISIN
US68386C8073
Investment Style
US Domestic Financials Sector
Fund Inception
November 10, 2008
Total Assets (as of 8/31/2017)
$33.7 million
Benchmark
S&P 500 Financials (Sector) Index
NAV (as of 9/25/17)
  • A
$63.14

Equity

Fixed Income

Municipal Bond
performance
analytics
holdings
as of 8/31/2017
  • B
as of 6/30/2017
  • B

Market Price
Market Price
Market Price
Market Price
  • B
Cumulative
Annualized
3 mo ytd as of 9/25/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (NAV)
3.95% 10.19% 36.14% 11.00% 18.67% 12.83%
Cumulative
Annualized
3 mo ytd as of 9/25/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (Market Price)
3.94% 10.19% 36.20% 11.00% 18.68% 12.82%
Cumulative
Annualized
3 mo ytd as of 9/25/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (NAV)
5.98% 10.19% 25.72% 10.01% 17.82% 12.61%
Cumulative
Annualized
3 mo ytd as of 9/25/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (Market Price)
6.01% 10.19% 25.82% 10.02% 17.83% 12.60%
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.


Year Financials Sector Revenue ETF S&P 500 Financials (Sector) Index
2009 26.86% 17.22%
2010 17.12% 12.13%
2011 -23.94% -17.06%
2012 35.39% 28.82%
2013 42.26% 35.63%
2014 13.02% 15.20%
2015 -4.07% -1.53%
2016 22.23% 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.


Date Financials Sector Revenue ETF S&P 500 Financials (Sector) Index OFI Rev Weighted Fin Sector Ix
8/31/2012 0.00 0.00 0.00
9/30/2012 4.46 3.44 4.50
10/31/2012 7.77 5.44 7.86
11/30/2012 6.62 4.59 6.75
12/31/2012 12.56 9.56 12.81
1/31/2013 20.32 16.10 20.63
2/28/2013 21.69 17.56 22.03
3/31/2013 26.96 22.07 27.39
4/30/2013 30.17 25.48 30.66
5/31/2013 40.28 33.12 40.89
6/30/2013 38.55 30.92 39.18
7/31/2013 47.01 37.99 47.75
8/31/2013 40.07 31.06 40.81
9/30/2013 44.12 34.68 44.97
10/31/2013 48.73 39.08 49.65
11/30/2013 57.00 45.44 58.05
12/31/2013 60.12 48.59 61.29
1/31/2014 52.33 43.22 53.48
2/28/2014 56.93 47.71 58.21
3/31/2014 62.25 52.47 63.63
4/30/2014 60.01 50.13 61.43
5/31/2014 61.47 52.29 62.99
6/30/2014 65.48 55.98 67.12
7/31/2014 62.38 53.73 64.06
8/31/2014 70.47 60.25 72.32
9/30/2014 70.11 59.62 72.02
10/31/2014 74.07 64.35 76.16
11/30/2014 77.57 68.14 79.74
12/31/2014 80.97 71.18 83.26
1/31/2015 65.14 59.37 67.32
2/28/2015 76.14 68.70 78.54
3/31/2015 74.67 67.67 77.15
4/30/2015 75.87 67.97 78.46
5/31/2015 79.28 71.06 81.98
6/30/2015 79.68 70.55 82.47
7/31/2015 85.19 75.87 88.17
8/31/2015 71.82 63.98 74.62
9/30/2015 65.62 59.09 68.42
10/31/2015 76.13 69.03 79.17
11/30/2015 79.02 72.23 82.20
12/31/2015 73.61 68.57 76.79
1/31/2016 58.09 53.65 60.97
2/29/2016 53.23 49.13 56.07
3/31/2016 64.18 60.05 67.30
4/30/2016 70.94 65.49 74.28
5/31/2016 73.78 68.85 77.19
6/30/2016 66.23 63.44 69.53
7/31/2016 71.88 69.23 75.35
8/31/2016 80.51 75.72 84.27
9/30/2016 76.64 70.93 80.34
10/31/2016 80.43 74.86 84.28
11/30/2016 104.74 99.23 109.24
12/31/2016 112.21 107.00 116.98
1/31/2017 112.76 107.48 117.65
2/28/2017 123.44 118.28 128.65
3/31/2017 117.69 112.23 122.86
4/30/2017 115.81 110.44 121.02
5/31/2017 114.15 107.89 119.39
6/30/2017 126.30 121.25 131.93
7/31/2017 131.13 125.06 136.97
8/31/2017 126.98 121.44 132.59

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 9/25/2017

Date 2012 2013 2014 2015 2016
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.

Analytics

(As of 8/31/2017)

Morningstar 8/31/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
100
Category
Financial
Performance Statistics
3Y
Alpha
-1.49
Information Ratio
-0.69
Sharpe Ratio
0.66
Standard Deviation
15.81
Sortino Ratio
1.09
Beta
1.03
Bull Beta
0.96
Bear Beta
1.12
Excess Return
-1.37
Dividends
  • C
Est. Frequency
Quarterly
Last Pay Date
7/11/2017
Per Share ($)
$0.17
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
12-Month Distribution ($)
$0.70
Portfolio Characteristics
Fund
Benchmark
Average Market Cap (weighted)
$164.91 B
-
Price/Book
1.26
-
Number of Holdings
67
-
Turnover Ratio
20.42%
-
Price/Sales Ratio
1.83
-

Top Holdings

(76.7% of assets as of 09/22/17)

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Portfolio Holdings Breakdown

Country 4
Developed Markets 4
Equity Sector 4
Industry 4
Asset Allocation 4
Country Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
United States 99.8% 100.0% -0.2%
Developed Markets Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Americas 99.8% 100.0% -0.2%
Equity Sector Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Financials 99.8% 100.0% -0.2%
Industry Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Banks 33.4% 44.2% -10.7%
Insurance 30.8% 18.9% 12.0%
Diversified Financial Services 16.5% 11.5% 5.0%
Capital Markets 13.0% 20.5% -7.5%
Consumer Finance 6.1% 4.9% 1.1%
Asset Allocation Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Equity 99.8% 100.0% -0.2%
  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. 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. There is no guarantee of the payment of any dividend or other distributions at any level. ↩
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