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OVOL
Oppenheimer

Russell 1000 Low Volatility Factor ETF

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Overview
NAV
  • A
(as of 12/12/2017)
$25.84
Daily Change
(as of 12/12/2017)
$0.07
0.28%
YTD
(as of 12/12/2017)
N/A
Expense Ratio
(as of 12/12/2017)
0.19%

The Oppenheimer Russell 1000 Low Volatility Factor ETF is composed of securities in the Russell 1000 Index that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market.

Why OVOL?
1. Delivers exposure to companies in the Russell 1000 that exhibit relatively lower volatility.
2. Provides direct access to the low volatility factor, which has historically been a significant driver of equity risk and return.
3. Can be used to help manage factor exposure and risk within a diversified portfolio.

Total Assets
(as of 12/12/2017)
$5.17 MM
Number of Holdings
(as of 12/12/2017)
287
Inception Date
November 8, 2017
Investment Style
Single Factor Strategy
Benchmark
Russell 1000® Volatility Factor Index
Index
Russell 1000 Index
Bloomberg Index Ticker
R1FVF
Reuters Bridge Ticker
OVOL.IV
ISIN
US68386C6663
CUSIP
68386C666
Closing Price
(as of 12/12/2017)
N/A
Premium/Discount
(as of 12/12/2017)
0.06%
Midpoint Price
(as of 12/12/2017)
$25.86
Portfolio

Top Holdings
  • 4
  • B

(36.6% of assets as of 12/12/2017)

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Portfolio Holdings Breakdown
  • 4
  • B

Country 4
Developed Markets 4
Emerging Markets 4
Equity Sector 4
Industry 4
Asset Allocation 4
Country Russell 1000 Low Volatility Factor ETF Russell 1000 Index Overweight / Underweight
United States 99.9% 99.7% 0.1%
Net Cash and Equivalents 0.1% - -
Developed Markets Russell 1000 Low Volatility Factor ETF Russell 1000 Index Overweight / Underweight
Americas 99.9% 99.7% 0.1%
Net Cash and Equivalents 0.1% - -
Emerging Markets Russell 1000 Low Volatility Factor ETF Russell 1000 Index Overweight / Underweight
Net Cash and Equivalents 0.1% - -
Equity Sector Russell 1000 Low Volatility Factor ETF Russell 1000 Index Overweight / Underweight
Information Technology 20.4% 23.4% -3.1%
Financials 16.4% 15.2% 1.2%
Health Care 14.3% 13.3% 1.0%
Consumer Staples 11.5% 7.6% 3.8%
Industrials 10.9% 10.4% 0.5%
Consumer Discretionary 8.4% 12.4% -4.0%
Utilities 4.7% 3.0% 1.6%
Energy 4.2% 5.7% -1.4%
Real Estate 3.3% 3.6% -0.3%
Telecommunication Services 3.0% 2.0% 1.1%
Materials 2.5% 3.3% -0.8%
Net Cash and Equivalents 0.1% - -
Industry Russell 1000 Low Volatility Factor ETF Russell 1000 Index Overweight / Underweight
Banks 6.5% 6.6% 0.0%
Pharmaceuticals 6.2% 4.3% 1.9%
Software 4.9% 5.2% -0.3%
IT Services 4.6% 4.2% 0.4%
Technology Hardware Storage & Peripherals 4.1% 4.0% 0.2%
Oil Gas & Consumable Fuels 3.8% 5.0% -1.1%
Insurance 3.8% 2.9% 0.9%
Equity Real Estate Investment Trusts (REITs) 3.3% 3.5% -0.2%
Aerospace & Defense 3.2% 2.4% 0.8%
Internet Software & Services 3.2% 4.5% -1.4%
Health Care Equipment & Supplies 3.1% 2.7% 0.4%
Diversified Telecommunication Services 3.0% 1.9% 1.2%
Media 2.9% 2.8% 0.2%
Health Care Providers & Services 2.9% 2.6% 0.3%
Electric Utilities 2.9% 1.8% 1.1%
Industrial Conglomerates 2.8% 1.7% 1.1%
Diversified Financial Services 2.7% 1.6% 1.1%
Food & Staples Retailing 2.6% 1.7% 0.9%
Beverages 2.6% 1.8% 0.8%
Household Products 2.6% 1.5% 1.1%
Asset Allocation Russell 1000 Low Volatility Factor ETF Russell 1000 Index Overweight / Underweight
Equity 99.7% 100.0% -0.3%
Net Cash and Equivalents 0.1% - -
Analytics
(As of 11/30/2017)

Portfolio Characteristics
Fund
Benchmark
Average Market Cap (weighted)
$206.88 B
-
Price/Book
3.30
-
Documents
  1. 1. Access Index Definitions
  2. 2. This is a new fund with limited operating history and an inception date of 11/8/17.
  3. 3. Special Risks: An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. Although the Underlying Index was created to seek lower volatility than the Parent Index, there is no guarantee that these strategies will be successful. Securities in the Fund’s portfolio may be subject to price volatility and the prices may not be any less volatile than the Parent Index, and could be more volatile. 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. Holdings are subject to change, and are dollar weighted based on total net assets.
  5. 5. 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.
  6. 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.
  7. B. The benchmark holdings data displayed is as of 12/06/2017.
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