RDIVOppenheimer S&P Ultra Dividend Revenue ETF
RDIV Fund Description
The Oppenheimer S&P Ultra Dividend Revenue ETF tracks an index that selects the 60-highest-yielding stocks from the S&P 900 and weights them by revenue.
RDIV Factset Analytics Insight
RDIV competes in the crowded high-dividend securities market, but it's in no danger of blending into the background thanks to a revenue-weighted portfolio. RDIV selects the 60-highest-yielding securities from the S&P 500 and S&P 400, and weights them by revenue. This approach sets the fund apart from its competitors and produces a unique portfolio with big sector tilts. Still, with only about 60 holdings, the fund's biases can change quickly. The strategy produces a high portfolio yield, but some investors may be wary of the increased exposure to a smaller selection universe. RDIV trades in low volumes compared to many of its more-established peers and spreads can be significant, but those dealing in bulk will find good underlying liquidity and low creation costs. The fund cut its fee in Oct. 2016 to make it long-term holding costs more competitive.
Prior to June 4, 2018 the funds underlying index was called OFI Revenue Weighted Ultra Dividend Index.
RDIV MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 17, 2018 the Oppenheimer S&P Ultra Dividend Revenue ETF MSCI ESG Fund Quality Score is 4.51 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. RDIV ranks in the 9th percentile within its peer group and in the 18th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
RDIV CHARTS AND PERFORMANCE
RDIV Top 10 Countries
RDIV Top 10 Sectors
RDIV Top 10 Holdings [View All]
RDIV Portfolio Management
RDIV Tax Exposures
RDIV Fund Structure
RDIV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RDIV. RDIV is rated a 5 out of 5.
RDIV Sector/Industry Breakdown
RDIV TOP 10 HOLDINGS[View All]
RDIV Economic Development
RDIV Performance Statistics
RDIV MSCI ESG Ratings
RDIV BENCHMARK COMPARISON SUMMARY
RDIV BENCHMARK COMPARISON MARKET CAP SIZE