Fundamentally - weighted
indexes weight companies based on their economic size using price ratios such as sales, book value, cash flow and dividends.
Not exact matches
They suggested
weighting companies in an
index by metrics that tell you more about how good the business is rather than just how big it is.
This dynamic often favors the largest
companies, which make up the largest
weights in the most popular
index, and it has a momentum effect.
China has the largest
weighting in the MSCI Emerging Market
Index, at 27.66 percent, although that only includes Hong Kong and U.S. - listed shares of Chinese
companies.
The Deloitte Biotech
Index is based upon 47 shares listed on the ASX includes eight WA companies which have a combined index weighting of 2.32 per
Index is based upon 47 shares listed on the ASX includes eight WA
companies which have a combined
index weighting of 2.32 per
index weighting of 2.32 per cent.
Three big
companies CSL, Cochlear and Resmed Inc make up 71 per cent of the
index weighting by market capitalisation.
That would be bad news for the torrid earnings growth being enjoyed by US
companies, since the large multinational corporations with heavy
weighting in stock
indexes have had exports boosted by a weak currency.
A weaker dollar makes exports more profitable, which helps
companies doing business overseas — most notably the multinational conglomerates with big
weightings in stock
indexes.
The
companies with the top 10
weightings comprise some 32 % of the entire
index, led by Apple (9.9 %), Microsoft (4.8 %) the two flavors of Google (4.6 %).
Japan: Nikkei: The Nikkei 225 (NKY)
Index: The Nikkei - 225 Stock Average is a price -
weighted average of 225 top - rated Japanese
companies listed in the First Section of the Tokyo Stock Exchange.
The Hang Seng Composite
Index is a market capitalization - weighted index that comprises the top 200 companies listed on Stock Exchange of Hong Kong, based on average market cap for the 12 mo
Index is a market capitalization -
weighted index that comprises the top 200 companies listed on Stock Exchange of Hong Kong, based on average market cap for the 12 mo
index that comprises the top 200
companies listed on Stock Exchange of Hong Kong, based on average market cap for the 12 months.
The S&P 500 Stock
Index is a widely recognized capitalization - weighted index of 500 common stock prices in U.S. compa
Index is a widely recognized capitalization -
weighted index of 500 common stock prices in U.S. compa
index of 500 common stock prices in U.S.
companies.
The NYSE Arca Airline
Index (XAL) is an equal dollar weighted index designed to measure the performance of highly capitalized companies in the airline indu
Index (XAL) is an equal dollar
weighted index designed to measure the performance of highly capitalized companies in the airline indu
index designed to measure the performance of highly capitalized
companies in the airline industry.
The Global X China Consumer ETF tracks a cap -
weighted index of Chinese consumer goods & services
companies tradable by foreign investors.
The Hang Seng
Index is a free - float capitalization - weighted index of a selection of companies from the Stock Exchange of Hong
Index is a free - float capitalization -
weighted index of a selection of companies from the Stock Exchange of Hong
index of a selection of
companies from the Stock Exchange of Hong Kong.
The
index is a modified market capitalization -
weighted index primarily consisting of publicly traded
companies involved in mining for gold and silver.
The aggregate sector
weights of energy and materials in the MSCI Emerging Markets
Index have fallen from approximately 40 % around a decade ago to about 14 % as of October 2017, with the
weights of information technology (IT) and consumer
companies steadily increasing.
The Direxion Daily Small Cap Bull ETF provides 3x leveraged exposure to a market - cap -
weighted index of US small - cap
companies.
The iShares MSCI Pacific ex-Japan ETF tracks a market - cap -
weighted index of
companies in the Pacific region, excluding Japan.
The VanEck Vectors Global Alternative Energy ETF tracks a market - cap -
weighted index of
companies that derive at least 50 % of their revenues from alternative energy.
Last month, Apple was added to the prestigious 30 - member Dow Jones Industrial Average, after a year - earlier seven - for - one stock split readied the
company's stock price for the
weight - adjusted
index.
The Hang Seng
Index is a capitalization - weighted index of 33 companies that represent approximately 70 percent of the total market capitalization of The Stock Exchange of Hong
Index is a capitalization -
weighted index of 33 companies that represent approximately 70 percent of the total market capitalization of The Stock Exchange of Hong
index of 33
companies that represent approximately 70 percent of the total market capitalization of The Stock Exchange of Hong Kong.
The Philadelphia Gold and Silver
Index (XAU) is a capitalization - weighted index that includes the leading companies involved in the mining of gold and si
Index (XAU) is a capitalization -
weighted index that includes the leading companies involved in the mining of gold and si
index that includes the leading
companies involved in the mining of gold and silver.
ITOT tracks a broad, cap -
weighted index of the largest 1,500 U.S.
companies covering 90 percent of the U.S. market.
Additionally, Information Technology (and particularly social media) is a small
weighting in these two
indices, so any new privacy or cyber-security regulations should fall more heavily on large - cap technology
companies.
Unlike traditional
index strategies that typically weight companies based on market capitalization, such as the S&P 500 Index, Fundamental Index strategies use objective financial measures based on company
index strategies that typically
weight companies based on market capitalization, such as the S&P 500
Index, Fundamental Index strategies use objective financial measures based on company
Index, Fundamental
Index strategies use objective financial measures based on company
Index strategies use objective financial measures based on
company size.
Pachter noted that his proprietary «Wedbush Video Game
Index,» a market - cap weighted index of video game companies, rose 4 percent in August, outperforming the 6 percent decline seen in the
Index,» a market - cap
weighted index of video game companies, rose 4 percent in August, outperforming the 6 percent decline seen in the
index of video game
companies, rose 4 percent in August, outperforming the 6 percent decline seen in the S...
The Borsa Istanbul Banks
Index (XBANK) is a capitalization -
weighted free float adjusted Industry Group
Index composed of National Market listed
companies in the banking industry.
The ProShares UltraShort Utilities ETF provides 2x leveraged inverse exposure to a market - cap -
weighted index that measures the performance of large US utilities
companies.
Its absurdly high
weighting to banks and resources
companies meant that it underperformed an equal
weighted index by some 7 per cent during the past financial year.
The iShares MSCI Global Agriculture Producers Fund tracks a market - cap -
weighted index of
companies that are sensitive to agricultural commodity prices.
The ASX 200 is currently 3 per cent below its 2002 high, while the broader All Ordinaries
index (which includes more
companies and does not adjust the
weights of
companies for their «free float») reached a new all - time high during March.
S&P 500
INDEX This capitalization - weighted index includes a representative sample of 500 leading companies in leading industries in the US eco
INDEX This capitalization -
weighted index includes a representative sample of 500 leading companies in leading industries in the US eco
index includes a representative sample of 500 leading
companies in leading industries in the US economy.
The Materials Select Sector SPDR ETF tracks a market - cap -
weighted index of US basic materials
companies.
The problem is that market - cap
weighted indexes increase the amount they own of a particular
company as that
company's stock price increases.
The Energy Select Sector SPDR ETF tracks a market - cap -
weighted index of US energy
companies in the S&P 500.
As a
company's stock falls, its market capitalization falls and a market cap -
weighted index will automatically own less of that
company.
(In the internet bubble, for example, as internet stocks went up in price, market cap -
weighted indexes became too heavily concentrated in this overpriced sector and too underweighted in the stocks of established
companies in less exciting industries.)
Similar to equally -
weighted indexes,
company weights are not affected by market price and therefore pricing errors are also random.
The VanEck Vectors Egypt
Index ETF tracks a market - cap - weighted index of companies that derive at least 50 % of revenues from E
Index ETF tracks a market - cap -
weighted index of companies that derive at least 50 % of revenues from E
index of
companies that derive at least 50 % of revenues from Egypt.
The Hang Seng
index is a market capitalization
weighted index which tracks daily changes of the 48 largest
companies in the Hong Kong stock market.
The FTSE 250
Index is a capitalization - weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exch
Index is a capitalization -
weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exch
index consisting of the 101st to the 350th largest
companies listed on the London Stock Exchange.
A capitalization
weighted index of 2,000 small cap and micro cap stocks that captures the smallest 1,000
companies in the Russell 2000, plus 1,000 smaller U.S. - based listed stocks.
The SPDR S&P Oil & Gas Equipment & Services ETF tracks an equal -
weighted index of companies in the oil and gas equipment and services sub industry of the S&P Total Markets I
index of
companies in the oil and gas equipment and services sub industry of the S&P Total Markets
IndexIndex.
The Dow Jones Transportation Average is a price -
weighted index that covers twenty
companies in the transportation industry.
By contrast, the Global Dow
index consists of 150 equally
weighted multinational blue chips selected by an «Averages Committee» composed of the managing editor of the Wall Street Journal, the head of Dow Jones Equities Research, and the head of research at CME Group, Dow Jones
Indexes» parent
company.
MSCI All Country World
Index ex USA — The MSCI All Country World Index (ACWI) ex USA is a free float - adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets that excludes companies based in the United St
Index ex USA — The MSCI All Country World
Index (ACWI) ex USA is a free float - adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets that excludes companies based in the United St
Index (ACWI) ex USA is a free float - adjusted market capitalization
weighted index that is designed to measure the equity market performance of developed and emerging markets that excludes companies based in the United St
index that is designed to measure the equity market performance of developed and emerging markets that excludes
companies based in the United States.
The Dow Jones Utility Average is a price -
weighted index that covers fifteen prominent
companies in the utilities industry.
RING is the cheapest fund in the segment, and tracks the same cap -
weighted index of global gold mining
companies that we chose as our segment benchmark.
In another reduction of alternative
indexes that use different valuations and business fundamentals to
weight companies, Claymore Advisors is seeking to switch an existing exchange - traded fund to a more traditional market - cap size
weighted benchmark.