RVRS — Reverse Cap Weighted U.S. Large Cap ETF
Data updated: 2021-05-26
RVRS — Reverse Cap Weighted U.S. Large Cap ETF. United States Real Estate · $18.38M AUM · 0.29% expense ratio. Holdings, fees, performance and SEC filings.
RVRS Fund Overview
RVRS — Reverse Cap Weighted U.S. Large Cap ETF is a US ETF managed by ETF Series Solutions, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: ETF Series Solutions
- Category: United States Real Estate
- Assets under management: $18.38M
- 1-year return: 83.1%
- Ticker: RVRS
- SEC CIK: 0001540305
- SEC series ID: S000058175
- Share class ID: C000190680
RVRS Investment Objective and Strategy
Reverse Cap Weighted U.S. Large Cap ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ETF Series Solutions.
Investment objective
The Reverse Cap Weighted U.S. Large Cap ETF (the Fund) seeks to track the performance, before fees and expenses, of the Reverse Cap Weighted U.S. Large Cap Index (the Index).
Principal investment strategy
The Fund uses a passive management (or indexing) approach to track the performance, before fees and expenses, of the Index. The Index was developed by CSat Investment Advisory, L.P., doing business as ACSI Funds, the Funds investment adviser and index provider (the Adviser). Reverse Cap Weighted U.S. Large Cap Index The Index is a rules-based, reverse capitalization weighted index comprised of the constituents of the S&P 500 Index, which consists of approximately 500 leading U.S.-listed companies representing approximately 80% of the U.S. equity market capitalization. The Index seeks to provide exposure to the U.S. large-cap market but with greater emphasis on the smaller-end of the large-cap market, unlike many traditional market capitalization weighted indexes that place a greater emphasis on the largest companies in the large-cap market.
The Index includes common stocks and equity interests in real estate investment trusts (REITs). At the time of each Index rebalance, the Index components are weighted by the inverse of their free-float market capitalization divided by the total of the inverse free-float market capitalizations of all of the Index components such that the smallest company in the Index will have the largest weight and the largest company in the Index will have the smallest weight. The Index is rebalanced as of the close of trading on the third Friday in each March, June, September, and December (or the following business day if such third Friday is not a business day) based on data as of the second Friday of such rebalance month. The Funds Investment Strategy The Fund attempts to invest all, or substantially all, of its assets in the component securities that make up the Index.
Under normal circumstances, at least 80% of the Funds total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the Index. The Adviser expects that, over time, the correlation between the Funds performance and that of the Index, before fees and expenses, will be 95% or better. The Fund will generally use a replication strategy to achieve its investment objective, meaning it generally will invest in all of the component securities of the Index in approximately the same proportion as in the Index . However, the Fund may use a representative sampling strategy, meaning it may invest in a sample of the securities in the Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole, when the Adviser believes it is in the best interests of the Fund (e.g., when replicating the Index involves practical difficulties or substantial costs, an Index constituent becomes temporarily illiquid, unavailable, or less liquid, or as a result of legal restrictions or limitations that apply to the Fund but not to the Index).
The Fund generally may invest up to 20% of its total assets (exclusive of any collateral held from securities lending) in securities or other investments not included in the Index, but which the Adviser believes will help the Fund track the Index. For example, the Fund may invest in securities that are not components of the Index to reflect various corporate actions and other changes to the Index (such as reconstitutions, additions, and deletions). To the extent the Index concentrates (i.e., holds more than 25% of its total assets) in the securities of a particular industry or group of related industries, the Fund will concentrate its investments to approximately the same extent as the Index.
RVRS Performance
Total returns for RVRS (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 83.1% |
RVRS Risk Information
Risk metrics for RVRS, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.0%
RVRS Costs and Fees
RVRS costs about $29 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.29%
- Gross expense ratio: 0.29%
- Portfolio turnover: 42%
- Brokerage commissions: 3.71 bps of average net assets (SEC N-CEN)
RVRS Cashflows
Over the 12 months to 2021-03, Reverse Cap Weighted U.S. Large Cap ETF had net inflows of $40.98M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-03 | $8.60M |
| 2021-02 | $4.07M |
| 2021-01 | $3.88M |
| 2020-12 | $4.74M |
| 2020-11 | $0 |
| 2020-10 | $1.61M |
RVRS Debt Constituents
No individual debt constituents are reported in Reverse Cap Weighted U.S. Large Cap ETF's latest SEC N-PORT filing.
RVRS Prospectus and SEC Filings
Official Reverse Cap Weighted U.S. Large Cap ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-26
- Prospectus (485BPOS) — filed 2020-02-03
- Prospectus (485BPOS) — filed 2019-02-06
- Portfolio holdings (N-PORT) — filed 2021-05-26
- Portfolio holdings (N-PORT) — filed 2021-02-26
- Portfolio holdings (N-PORT) — filed 2020-11-25
- Annual census (N-CEN) — filed 2020-12-14
- Annual census (N-CEN) — filed 2019-12-13
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.