RevenueShares is a niche ETF provider that may not be in the perpetual ETF spotlight. However,it is building unique funds designed to capitalize on new index-weighting methodologies.
Currently, this company operates six ETFs designed to take a traditional market-cap weighted index, such as the S&P 500 or small-cap S&P 600, and re-weight the underlying components by total top-line revenue. The end result is a markedly different asset allocation than the traditional measure of a publicly traded company's outstanding share float.
RevenueShares Large Cap
The RevenueShares Large Cap Fund (ETF) (NYSE: RWL) is an example of this strategy, based off the S&P 500 Index. Rather than Apple Inc. (NASDAQ: AAPL) capturing the ...
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