Reverse Cap Weighting 2019-01-15T14:09:15+00:00
 

The Reverse Cap Weighted U.S. Large Cap Index provides exposure to the companies in the S&P 500 index.
However, while traditional market cap weighted indexes such as the S&P 500 weight companies inside the index
by their relative market capitalization, the Reverse Index does the opposite, weighting companies by the inverse
of their relative market cap. By investing smallest-to-biggest, the index is tilting investment exposure to the
smaller end of the market cap spectrum within the large cap space.

Reverse Cap Weighted U.S. Large Cap Index
EXPLORE ETFS&P Dow Jones Indices

Trailing Performance

as of 12/31/18

Cumulative
1 month 3 month YTD
Index -10.55% -14.79% -9.24%
S&P 500 -9.03% -13.52% -4.38%
Annualized
1 Year 3 Years 5 Years 10 Years Common Inception
-9.24% 7.51% 6.10% 17.17% 8.79%
-4.38% 9.26% 8.49% 13.12% 6.77%

All information for an index prior to its Launch Date is back-tested, based on the methodology that was in effect on the Launch Date. Back-tested performance, which is hypothetical and not actual performance, is subject to inherent limitations because it reflects application of an Index methodology and selection of index constituents in hindsight. No theoretical approach can take into account all of the factors in the markets in general and the impact of decisions that might have been made during the actual operation of an index. Actual returns may differ from, and be lower than, back-tested returns.

Index Characteristics

as of 12/31/18

Key Statistics

Price-to-Book Ratio 3.62
Price-to-Earnings Ratio 19.79
Price-to-Sales Ratio 2.67
Dividend Yield – TTM 2.21%
Active Share (Weighted Average) 70.20%

Risk Statistics (5 Years)

Excess Return -2.39
Beta 1.05
R-Squared 87.80
Up Capture Ratio 95.13
Down Capture Ratio 112.14

Sector Allocations

Sector                                       Weight (%)

Consumer Discretionary 20.22%
Consumer Staples 5.27%
Energy 6.26%
Financials 14.16%
Health Care 8.65%
Industrials 15.33%
Information Technology 12.77%
Real Estate 6.71%
Materials 5.49%
Telecom 0.77%
Utilities 4.36%

Top 10 Constituents            Weight (%)

SCANA Corp 1.07 Fortinet Inc 0.68
Foot Locker Inc 0.86 Brighthouse Financial Inc 0.67
TripAdvisor Inc 0.81 Assurant Inc 0.65
H&R Block Inc 0.75 Goodyear Tire & Rubber Co 0.64
Quanta Services Inc 0.73 L Brands Inc 0.63

All information for an index prior to its Launch Date is back-tested, based on the methodology that was in effect on the Launch Date. Back-tested performance, which is hypothetical and not actual performance, is subject to inherent limitations because it reflects application of an Index methodology and selection of index constituents in hindsight. No theoretical approach can take into account all of the factors in the markets in general and the impact of decisions that might have been made during the actual operation of an index. Actual returns may differ from, and be lower than, back-tested returns. Past Performance is no guarantee of future returns. It is not possible to invest directly in an index. Please click here for definitions and additional disclosures.

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