XRO - Sector Rotation ETF Fact Sheet
XRO Tracks This Index: Zacks Sector Rotation Index
Description: The Index uses a proprietary quantitative methodology developed by Zacks Investment Research, Inc., the Fund's index provider, to overweight (as compared to other benchmark indices) sectors with potentially superior risk-return profiles. The objective of the Index is to overweight those sectors that combined have the potential to outperform, on a risk-adjusted basis, the S&P 500 Index and other benchmark indices. The Index is comprised of approximately 100 securities selected, based on investment and other criteria, from a universe of the 1,000 largest listed equity companies based on market capitalization.
Description: The Index uses a proprietary quantitative methodology developed by Zacks Investment Research, Inc., the Fund's index provider, to overweight (as compared to other benchmark indices) sectors with potentially superior risk-return profiles. The objective of the Index is to overweight those sectors that combined have the potential to outperform, on a risk-adjusted basis, the S&P 500 Index and other benchmark indices. The Index is comprised of approximately 100 securities selected, based on investment and other criteria, from a universe of the 1,000 largest listed equity companies based on market capitalization.
- Issuer: Guggenheim
- Expense Ratio: 0.60%
- ETFdb Category: Large Cap Blend Equities
- ETF Home Page: XRO
- Inception: 2006-09-21
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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