Spoof Access

×
U.S. Flag United States
Registered Investment Advisor
×

Alternatively Weighted Strategy

Financials Sector Revenue ETF

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

RWW CUSIP: 68386C807

PRICES (as of 10/19/2017)
Closing Price
$65.27
Mid-Point Price
$65.28
Premium/Discount
-0.02%
TICKERS & ISIN
Index Bloomberg Ticker
REVWFINT
Reuters Bridge Ticker
RWW.IV
ISIN
US68386C8073
Investment Style
US Financials Sector Revenue Weighted
Fund Inception
November 10, 2008
Total Assets (as of 9/30/2017)
$35.3 million
Benchmark
S&P 500 Financials (Sector) Index
Number of Holdings (as of 10/19/17)
69
Expense Ratio (as of 9/30/17)
0.45%
NAV (as of 10/20/17)
  • A
$65.98
performance
analytics
holdings
as of 9/30/2017
  • B
as of 9/30/2017
  • B

Market Price
Market Price
Market Price
Market Price
  • B
Cumulative
Annualized
3 mo ytd as of 10/20/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (NAV)
4.91% 15.48% 34.40% 11.75% 17.84% 13.05%
Cumulative
Annualized
3 mo ytd as of 10/20/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (Market Price)
4.90% 15.48% 34.46% 11.74% 17.85% 13.04%
Cumulative
Annualized
3 mo ytd as of 10/20/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (NAV)
4.91% 15.48% 34.40% 11.75% 17.84% 13.05%
Cumulative
Annualized
3 mo ytd as of 10/20/17
1 yr 3 yr 5 yr since inception
Financials Sector Revenue ETF (Market Price)
4.90% 15.48% 34.46% 11.74% 17.85% 13.04%
Expense Ratio: 0.45%

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
9/30/2012 0.00 0.00 0.00
10/31/2012 3.17 1.94 3.22
11/30/2012 2.06 1.12 2.16
12/31/2012 7.75 5.92 7.95
1/31/2013 15.18 12.25 15.43
2/28/2013 16.49 13.66 16.77
3/31/2013 21.54 18.01 21.91
4/30/2013 24.61 21.31 25.03
5/31/2013 34.28 28.69 34.82
6/30/2013 32.63 26.57 33.18
7/31/2013 40.73 33.40 41.38
8/31/2013 34.08 26.70 34.75
9/30/2013 37.96 30.20 38.73
10/31/2013 42.38 34.46 43.20
11/30/2013 50.30 40.61 51.24
12/31/2013 53.28 43.66 54.35
1/31/2014 45.82 38.46 46.87
2/28/2014 50.23 42.80 51.40
3/31/2014 55.32 47.41 56.58
4/30/2014 53.17 45.15 54.48
5/31/2014 54.57 47.23 55.97
6/30/2014 58.41 50.80 59.92
7/31/2014 55.44 48.62 56.99
8/31/2014 63.18 54.92 64.89
9/30/2014 62.84 54.31 64.61
10/31/2014 66.63 58.89 68.57
11/30/2014 69.98 62.55 72.00
12/31/2014 73.24 65.50 75.37
1/31/2015 58.09 54.07 60.11
2/28/2015 68.61 63.09 70.85
3/31/2015 67.20 62.10 69.52
4/30/2015 68.35 62.39 70.77
5/31/2015 71.62 65.37 74.15
6/30/2015 72.00 64.88 74.61
7/31/2015 77.27 70.02 80.06
8/31/2015 64.48 58.53 67.10
9/30/2015 58.55 53.81 61.17
10/31/2015 68.61 63.41 71.45
11/30/2015 71.37 66.51 74.36
12/31/2015 66.19 62.97 69.18
1/31/2016 51.33 48.54 54.03
2/29/2016 46.68 44.18 49.34
3/31/2016 57.17 54.73 60.09
4/30/2016 63.63 59.99 66.77
5/31/2016 66.35 63.24 69.55
6/30/2016 59.13 58.01 62.23
7/31/2016 64.54 63.61 67.80
8/31/2016 72.80 69.88 76.34
9/30/2016 69.09 65.25 72.57
10/31/2016 72.72 69.05 76.34
11/30/2016 95.99 92.61 100.23
12/31/2016 103.14 100.12 107.63
1/31/2017 103.67 100.59 108.28
2/28/2017 113.89 111.02 118.80
3/31/2017 108.39 105.18 113.27
4/30/2017 106.59 103.45 111.50
5/31/2017 105.00 100.98 109.94
6/30/2017 116.63 113.90 121.94
7/31/2017 121.25 117.58 126.77
8/31/2017 117.28 114.08 122.57
9/30/2017 127.24 125.10 132.91

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 10/20/2017

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 9/30/2017)

Morningstar 9/30/2017 (based on risk adjusted performance)
Overall Rating
Number of Funds
100
Category
Financial
Performance Statistics
3Y
Alpha
-1.76
Beta
1.03
Information Ratio
-0.84
Sharpe Ratio
0.76
Standard Deviation
15.94
Dividends
  • C
Est. Frequency
Quarterly
Last Pay Date
10/6/2017
Per Share ($)
$0.19
Net Income
88.85%
Net Profit from Sale
0.00%
Other Capital Sources
11.15%
12-Month Distribution ($)
$0.70
Portfolio Characteristics
Fund
Benchmark
Average Market Cap (weighted)
$167.38 B
-
Price/Book
1.30
-
Price/Sales Ratio
1.87
-
Turnover Ratio
20.42%
-

Top Holdings

(76.9% of assets as of 10/19/17)

×

Portfolio Holdings Breakdown

Country 3
Developed Markets 3
Emerging Markets 3
Equity Sector 3
Industry 3
Asset Allocation 3
Country Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
United States 100.1% 100.0% 0.1%
Net Cash and Equivalents -0.1% - -
Developed Markets Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Americas 100.1% 100.0% 0.1%
Net Cash and Equivalents -0.1% - -
Emerging Markets Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Net Cash and Equivalents -0.1% - -
Equity Sector Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Financials 100.0% 100.0% 0.0%
Net Cash and Equivalents -0.1% - -
Industry Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Banks 33.2% 43.8% -10.7%
Insurance 31.2% 19.1% 12.1%
Diversified Financial Services 16.5% 11.5% 5.0%
Capital Markets 13.0% 20.5% -7.5%
Consumer Finance 6.1% 5.0% 1.1%
Net Cash and Equivalents -0.1% - -
Asset Allocation Financials Sector Revenue ETF S&P 500 Financials (Sector) Index Overweight / Underweight
Equity 100.0% 100.0% 0.0%
Net Cash and Equivalents -0.1% - -
  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. Access Index Definitions
  3. 3. Holdings are subject to change, and are dollar weighted based on total new 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. 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 )