ETF Quote Details
|NAV (month end)||72.82|
|Premium (+)/Discount (-) (month end)||+0.73|
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:
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ETF Expense Ratio
|Dividend (Yield)||$0.91 (1.23%)|
S&P 500 Equal Weight Index in response to the markets demand for an official equally weighted index with the same component stocks as the S&P 500. In the S&P 500 Equal Weight Index, each of the stocks that make up the index are equally weighted. To maintain composition, the S&P 500 Equal Weight Index rebalances quarterly.
The fund Seeks to replicate as closely as possible the performance of the S&P 500 Equal Weight Index, before fees and expenses, on a daily basis.