Reverse Cap Weighting 2018-05-23T18:42:27+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 03/31/18

Cumulative
1 month3 monthYTD
Index-0.80%-1.91%-1.91%
S&P 500-2.54%-0.76%-0.76%
Annualized
1 Year3 Years5 Years10 YearsCommon Inception
8.76%7.86%12.43%12.52%10.25%
13.99%10.78%13.31%9.49%10.66%

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 03/31/18

Key Statistics

Price-to-Book Ratio4.04
Price-to-Earnings Ratio23.36
Price-to-Sales Ratio3.05
Dividend Yield – TTM1.94%
Active Share (Weighted Average)69.09%

Risk Statistics (5 Years)

Excess Return-0.87
Beta1.06
R-Squared85.49
Up Capture Ratio100.57
Down Capture Ratio110.65

Sector Allocations

Sector                                       Weight (%)

Consumer Discretionary21.00%
Consumer Staples5.11%
Energy6.91%
Financials12.00%
Health Care8.71%
Industrials14.33%
Information Technology10.71%
Real Estate8.91%
Materials5.03%
Telecom0.42%
Utilities6.87%

Top 10 Constituents            Weight (%)

Navient Corp0.93TripAdvisor Inc0.73
Range Resources Corp0.93Brighthouse Financial Inc0.66
Newfield Exploration Co0.80Ralph Lauren Corp Class A0.65
Assurant Inc0.76Mattel Inc0.62
Foot Locker Inc0.74Envision Healthcare Corp0.62

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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