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This ETF offers an option for investors looking to gain exposure to the U.S. financial sector but looking to avoid the potential pitfalls of products linked to market cap-weighted indexes--such as XLF. RWW is a revenue-weighted product, meaning that the allocation to each individual security is determined based on top line revenue (as opposed to market capitalization). This results in a unique risk/return profile, as revenue-weighting has performed reasonably well in recent years compared to other methodologies. This ETF can be a useful tool for those looking to overweight the financial sector in their portfolio. While RWW includes about 80 individual holdings, the concentration in the ten largest components is significant, as is the bias towards large cap securities. Those seeking more balanced exposure may consider the equal weighted RYF or the small cap PSCF. Those seeking to minimize expenses may prefer XLF or FFL, both of which are considerably cheaper than RWW.
The adjacent table gives investors an individual Realtime Rating for RWW on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Financials Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 4 other ETFs in the Financials Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of RWW relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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