The Oppenheimer Russell 1000 Quality Factor ETF (OQAL) bets on higher quality companies in the hopes that they perform better than lower-quality companies.
The Oppenheimer Russell 1000 Low Volatility Factor ETF (OVOL) follows the theme where stocks that exhibit lower volatility tend to perform better than stocks with higher volatility.
Lastly, the Oppenheimer Russell 1000 Yield Factor ETF (OYLD) tracks the idea that higher-yielding stocks tend to perform better than stocks with lower yields.
These types of factor-based investments help investors steer away from the potential risks associated with a traditional market-cap weighted fund that can grow top heavy, especially in a prolonged bullish environment.
Financial advisors who are interested in learning more about factor index strategies can register for the Thursday, November 8 webcast here.
An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. The Fund, seeks to provide exposure to investments based on the following factors: value, momentum, quality, low volatility and size, and to weight such factors based on changes in the economic cycle. There can be no assurance that doing so will enhance the Fund’s performance over time. Because the Fund is rebalanced monthly, portfolio turnover may exceed 100%. The greater the portfolio turnover, the greater the transaction costs, which could have an adverse effect on Fund performance.
Carefully consider fund investment objectives, risks, charges and expenses. Visit oppenheimerfunds.com or call your advisor for a prospectus with this and other fund information. Read it carefully before investing.
Oppenheimer funds are distributed by OppenheimerFunds, Inc. OppenheimerFunds is not affiliated with ETF Trends.