It’s become difficult to distinguish the efficacy of various index weighting strategies that pervade the ETF universe. Some work best during specific market cycles or are designed to take advantage of distinguishable trends. Others are tailor-made for the long-term with the broad diversification, reasonable costs, and sensible philosophy that investors can identify with.
It’s these latter characteristics that best describe the revenue-weighted index methodology that is delivered by a select group of Oppenheimer funds. The Oppenheimer Large Cap Revenue ETF (RWL) is a fund that was born during the nascent months of the great financial crisis and has risen from those dark times with an impressive track record.