This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund.

 

TOP CONTRIBUTORS

Ankur Dhamija

Claymore/Zacks Sector Rotation ETF (XRO)

Overview

The “Fund” seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Zacks Sector Rotation Index (the "Zacks Sector Rotation Index" or "Index"). The Fund will normally invest at least 90% of its total assets in common stocks, American depositary receipts ("ADRs") and master limited partnerships ("MLPs") that comprise the Index. Claymore Advisors, LLC (the "Investment Adviser”) seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation.

The Fund, using a low cost “passive” or “indexing” investment approach, seeks to replicate, before fees and expenses, the performance of the Zacks Sector Rotation Index. The Zacks Sector Rotation Index is comprised of approximately 100 stocks selected, based on investment and other criteria, from a universe of the 1,000 largest listed equity companies based on market capitalization. ^[1]

Fund Information

• Fund Manager - Claymore Advisors
• Inception Date - 09/21/2006
• Exchange – NYSE Arca
• Index Ticker - XRO
• Intra-day NAV Ticker - XUO
• Expense Ratio - 0.60%

Top Holdings

Holdings as of 23/10/2009

References

1. ↑ - Overview of Claymore/Zacks Sector Rotation ETF (XRO)