• Last rebalance date was August 16^th, 2019. The previous rebalance date was July 19^st, 2019.
• The index preformed a special reconstitution following the Anadarko purchase by Occidental.
• The current index constituents: COP, CVX, EOG, HES, MPC, OXY, PSX, PXD, VLO, XOM.
• The best performers within the index since the last rebalance date were Phillips 66 (PSX), Valero Energy (VLO) and Chevron (CVX). Please note Anadarko Petroleum and Concho Resources were not in the index since last rebalance.
• The worst performers within the index since the last rebalance date were Marathon Petroleum (MPC), Occidental Petroleum (OXY), and ConocoPhillips (COP).
• Solactive MicroSectors U.S. Big Oil Index return since the last rebalance is -9.45%.
• Solactive MicroSectors U.S. Big Oil Index return year to date is 1.63%.
• Solactive MicroSectors U.S. Big Oil Index return since inception is 20.37%.

Solactive MicroSectors U.S. Big Oil Index Weightings

• The Solactive U.S Big Oil Index rebalances to equal weight effective after the close of the third Friday of every month.
• On the first business day of each month the index constituents are reevaluated for possible replacement in the index.

What is the Solactive MicroSectors U.S. Big Oil Index?

The Solactive MicroSectors U.S. Big Oil Index includes 10 highly liquid stocks that represent industry leaders across today’s U.S. oil/energy sector. The index’s underlying composition is equally weighted across all stocks, providing a unique performance benchmark that allows for a value-driven approach to investing. While the performance of indices weighted by market capitalization can be dominated by a few of the largest stocks, an equal-weighting allows for a more diversified portfolio.