NYSE ARCA | ETF
The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-FactorU. S.
Index.
The underlying index is constructed by RAFI Indices, LLC (the index provider) using a rules-based approach to construct factor portfolios within the underlying index.
The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality, momentum and size.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ORCL | Oracle Corporation | Technology | Software - Infrastructure | 2.53% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.48% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 1.91% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 1.85% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 1.78% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 1.61% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 1.53% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 1.48% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 1.37% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 1.31% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 1.22% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 1.21% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 1.21% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.20% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 1.17% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 1.12% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 1.04% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 1.02% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 1.01% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 1.01% |