You can switch the trend horizon using links provided in the summary above. For more information about relative trends methodology see relative trends.
The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500® Equal Weight Index Telecommunication Services & Utilities Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is an unmanaged equal weighted version of the S&P 500 Utilities Index that consists of the common stocks of the following industries: electric utilities, gas utilities, multi-utilities and unregulated power and water utilities, telecommunication service companies, etc. The fund is non-diversified.
Equally-Weighted, Utilities ETF is in the medium-term up 12% in 3 years. In the long-term up 26% in 4 years and up 49% in 8 years.
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