RWL’s lineup has the potential to surprise investors accustomed to traditional S&P 500 ETFs. For example, Wal-Mart (NYSE: WMT) is RWL’s largest holding at almost 4.1% of the fund’s while Apple (NasdaqGS: AAPL), SPY’s largest holding, is relegated to the sixth spot in RWL. Phillips 66 (NYSE: PSX) has a larger weight in RWL than Apple and ConocoPhillips (NYSE: COP), the company that spun Phillips 66 off. [A Winning Revenue-Weighted ETF]
RWL has outpaced the S&P 500 by over 500 basis points over the past three years.
RevenueShares Large Cap Fund
ETF Trends editorial team contributed to this piece. Tom Lydon’s client own shares of Apple.