Emerging Markets Revenue ETF
The Oppenheimer Emerging Markets Revenue ETF gives investors access to the same broad basket of stocks as the MSCI Emerging Markets Index. Each security in the Fund is ranked by top line revenue, instead of market capitalization. The Fund seeks to outperform the total return performance of the MSCI Emerging Markets Index.
Oppenheimer Emerging Markets Revenue ETF seeks to outperform the total return performance of the MSCI Emerging Markets Index, the Fund’s benchmark index. The Fund seeks to meet this objective by selecting holdings using the OFI Revenue Weighted Strategy Team’s methodology. By weighting companies by their revenue rather than their market capitalization, the Fund aims to provide investors with increased exposure to the stocks of companies across the emerging markets with strong revenues. This approach also helps avoid the traditional index’s bias towards overvalued stocks, while maintaining a fully transparent investment process and offering the broad market diversification that has historically attracted investors to index strategies.