U.S. Large Cap ESG Revenue ETF
An ESG revenue weighted strategy that employs Sustainalytics’ ESG scores as well as a revenue-weighted methodology to invest in stocks in the S&P 500® Index.
The Oppenheimer ESG Revenue ETF℠ is composed of stocks in S&P 500® Index, that rank in the top 50th percentile of Environmental, Social, and Corporate Governance (“ESG”) scores. Each security is weighted by top line revenue, instead of market capitalization, and the portfolio is re-balanced quarterly.
The strategy seeks to outperform the S&P 500® Index through a portfolio of revenue-weighted U.S. large cap names with favorable ESG practices, based on Sustainalytics’ proprietary ESG scores and the OFI Revenue Weighted Strategy team’s proprietary revenue-weighting methodology. We believe this approach is a durable value proposition as it aims to provide investors with exposure to large cap U.S. companies with strong ESG practices.
The Oppenheimer ESG Revenue ETF℠ employs a three-step process to determine what stocks will be included in the portfolio and their individual portfolio weights.