Bringing you live news and features since 2006 

RevenueShares Investor Services launches new line of ETF offerings


Paoli, Pennsylvania-based RevenueShares Investor Services has announced the listing of three RevenueShares ETFs on the NYSE Arca trading platform.

Paoli, Pennsylvania-based RevenueShares Investor Services has announced the listing of three RevenueShares ETFs on the NYSE Arca trading platform. In a licensing arrangement with Standard & Poor’s, the funds comprise three index ETFs ranked by top-line revenue rather than market capitalisation.

While other ETF offerings have included revenue as a factor in their weightings, no offering to date has focused exclusively on revenue as the sole means of weighting S&P index models. The initial offerings are the RevenueShares Large Cap Fund, RevenueShares Mid Cap Fund and RevenueShares Small Cap Fund.

‘For investors using an S&P index as a benchmark, RevenueShares ETFs deliver the benefits of a passively managed index investment with the upside potential of weighting the S&P indices by revenue,’ says RevenueShares Investor Services’ president, Sean O’Hara.

‘Backtesting performed by S&P has indicated that a revenue-weighted ranking has historically provided significantly better long-term returns versus traditional cap-weighted indices.’

By focusing on a single measure such as revenue, RevenueShares ETFs provide investors with a complementary method to access S&P indices. The funds hold the same securities that make up the corresponding S&P index and maintain all the benefits of traditional indexing, including broad market exposure, transparency, low cost and freedom from manipulation.

O’Hara says the firm’s new offerings counterbalance cap-weighted index investments that naturally overweight stocks that have run up and sell stocks whose share prices have gone down, running counter to the ‘buy low, sell high’ conventional wisdom.

The RevenueShares ETFs indices will be maintained by Standard & Poor’s. The Bank of New York will provide additional investor fund services as administrator, custodian and transfer agent, while Foreside Fund Services will serve as the funds’ distributor. The investment advisor for the ETF offerings is VTL Associates.

Latest News

The August data from LSEG Lipper shows that the global ETF industry held USD10,547.4 billion in assets under management on..
HANetf has announced that their European Green Deal UCITS ETF (ticker: EUGD) has reached USD52 million (EUR49.9 million) in assets..
Legal & General Investment Management (LGIM) has announced the launch of the L&G Global Brands UCITS ETF. The firm writes..
Vienna Stock Exchange has launched three new thematic indices: CECE Reshoring, CECE Commodity Producers and CECE Clean Energy, writing that..

Related Articles

John Ciampaglia, Sprott Asset Management
Geo-political tensions and concerns about hitting clean energy targets have brought the focus back onto nuclear power in recent months,...
Nick King, Robeco
Europeam investment management giant Robeco has announced the appointment of Nick King as Head of Exchange Traded Funds (ETFs), in...
Kristof Gleich, Harbor Capital
Harbor Capital burst onto the ETF issuance world in 2021 and now has USD1.1 billion in assets in ETFs. But...
Europe’s thematic ETF provider, Rize ETF, has been acquired by ARK Invest LLC, the parent of ARK Investment Management LLC,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by