ETF Quote Details
|NAV (month end)||92.75|
|Premium (+)/Discount (-) (month end)||-0.36|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$1.58 (1.70%)|
The FTSE RAFI US 1000 Index is designed to track the performance of the largest U.S. equities, selected based on the following four fundamental measures of firm size: book value, income, sales and dividends. U.S. equities are then weighted by each of these four fundamental measures.An overall weight is calculated for each firm by equally-weighting each fundamental measure.
It is based on the FTSE RAFI US 1000 Index. It invests at least 90% of its assets in common stocks comprising the Index which is designed to track the performance of largest US equities, selected on the following fundamental measures book value, cash flow, sales & dividends. The fundamentally weighted portfolio is rebalanced & reconstituted annually.