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Screenshot of a breaking news alert e-mail from Q2 2017
Cboe Global Markets, Inc. (NASDAQ: CBOE) has welcomed a new Exponential ETFs fund to the Cboe ETF Marketplace.
The Reverse Cap Weighted U.S. Large Cap ETF (Cboe: RVRS) seeks to track the performance, before fees and expenses, of the Reverse Cap Weighted U.S. Large Cap Index (“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.
Year-to-date, Cboe has welcomed 114 ETFs to its U.S. market. In the third quarter of 2017, Cboe welcomed a total of 23 ETFs to the Cboe ETF Marketplace as well as 30 transfers, and year-to-date has won 36 percent of all new U.S. ETF listings.
There are now 235 ETFs listed on Cboe ETF Marketplace, from 45 different issuers.