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.