The ABA Bank Index provides investors exposure to community banks and banking institutions through an index created to represent small banks.

ABA Statement on Christopher Waller's Confirmation to Join Federal Reserve Board of Governors

ABA NASDAQ Community Bank Index Methodology

Publication 5318: Tax Reform - What's New for Your Business

The ABA Bank Index is a stock index comprised of community and regional banks. Other ABA indices include the NASDAQ OMX ABA Community Bank Index and the ABA NASDAQ Community Bank Total Return Index. The others are the NASDAQ OMX ABA Community Bank Index (ABQI) and the ABA NASDAQ Community Bank Total Return Index (XABQ). The ABA Bank Index, short for the ABA NASDAQ Community Bank Index, is co The ABA Bank Index is a stock market index that tracks publicly traded community and regional banks.

ABA Bank Index

An all-ordinaries stock index is comprised of common shares from the Australian Stock Exchange. It is the most quoted benchmark for Australian equities.

1360.0 -- Measuring Australia's Economy, 2003

The All-Ordinaries ( or "Kangaroos" for slang) is a stock index comprised of common shares from the Australian Stock Exchange (ASX). To be included in the All-Ordinaries index, a company must have a market value of at least 0.2 percent of all domestic equities quoted on the ASX and must maintain an average turnover on the ASX of at least 0.5 percent of its quoted shares per month. When established, the All Ords had a base index of 500; this means that if the index is currently at 5000 points, the value of stocks in the All Ords has increased tenfold since January, 1980. The market capitalization of the companies included in the All Ords index amounts to over 95 percent of the value of all shares listed on the ASX. This means that share price movements for companies with larger capitalizations have a larger effect on the All Ordinaries Index than do smaller companies.

All-Ordinaries Stock Index

The Baltic Dry Index (BDI) tracks the cost of shipping bulk dry goods, and is a leading economic indicator.

Various bulk carrier sizes and employment guide

The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange. The Baltic Dry Index (BDI) is an index of average prices paid for the transport of dry bulk materials across more than 20 routes. The Baltic Dry Index (BDI) is a shipping and trade index created by the London-based Baltic Exchange. The Baltic Dry Index is a composite of four sub-indices that measure different sizes of dry bulk carriers or merchant ships: Capesize, Panamax, Supramax, and Handysize. The index can experience high levels of volatility if global demand increases or suddenly drops off because the supply of large carriers tends to be small with long lead times and high production costs.

Baltic Dry Index (BDI)

A broad-based index is designed to reflect the movement of the entire market; one example of a broad-based index is the Dow Jones Industrial Average.

Dow Jones Industrial Average First Published

The Impact of the 9/11 Terrorist Attacks on the US Economy

Stochastic Processes and Advanced Mathematical Finance

Wilshire 5000 Total Market Index Fact Sheet

Wilshire 5000 Total Market Index Methodology

A broad-based index is designed to reflect the movement of a group of stocks or an entire market. While the original Wilshire 5000 Total Market Index had roughly 5,000 stocks, the list has shrunk to include around 3,500 stocks today.﻿﻿ Like the S&P 500, the index is calculated using a market-value weighted methodology, which means that larger companies will have a greater influence on the performance of the index compared to smaller ones.﻿﻿ The broad-based index with the fewest stocks is the Dow Jones Industrial Average (DJIA), with just 30 stocks included in the index.﻿﻿ One of the largest is the Wilshire 5000 Total Market Index. The Dow Jones Industrial Average, on the other hand, is price-weighted and higher-priced stocks have more sway in the index compared to low-priced stocks. Investors who want the maximum benefit of diversification can invest in securities that are included in an index or invest in other financial products—such as some index funds—that are made up of the stocks within the index.

Broad-Based Index

A capitalization-weighted index is a type of market index with individual components that are weighted according to their total market capitalization.

A capitalization-weighted index is a type of stock market index where individual components of the index are included in amounts that correspond to their total market capitalization (shortened as "market cap"). Company A market value = (1,000,000 x $45) = $45,000,000
Company B market value = (300,000 x $125) = $37,500,000
Company C market value = (500,000 x $60) = $30,000,000
Company D market value = (1,500,000 x $75) = $112,500,000
Company E market value = (1,500,000 x $5) = $7,500,000
The entire market value of the index components equals $232.5 million with the following weightings for each company: For example, consider the following five companies:
Company A: 1 million shares outstanding, the current price per share equals $45
Company B: 300,000 shares outstanding, the current price per share equals $125
Company C: 500,000 shares outstanding, the current price per share equals $60 Company A has a weight of 19.4% ($45,000,000 / $232.5 million)
Company B has a weight of 16.1% ($37,500,000 / $232.5 million)
Company C has a weight of 12.9% ($30,000,000 / $232.5 million)
Company D has a weight of 48.4% ($112,500,000 / $232.5 million)
Company E has a weight of 3.2% ($7,500,000 / $232.5 million)
Although companies D and E have equal amounts of shares outstanding—1,500,000—they represent the highest and lowest weightings in the index, respectively, because of the effects of their prices on their individual market values. As a stock price rises, a company can have an excessive amount of the weighting in an index
Companies with larger weightings can have a disproportionate impact on the fund's performance
Fund managers can often add shares of overvalued stocks assigning a larger weighting and create a bubble
The S&P 500 is a capitalization-weighted index that contains some of the most well-established companies in the U.S.

Capitalization-Weighted Index

Capped index is an equity index that has a limit on the weight of any single security.

A capped index is an equity index that has an upper limit on the weight of any single security. In some instances, the calculation of the constituent capping factors are based on prices at market close on the second Friday of the review month, using shares in issue and investability weights as designated to take effect after close on the third Friday of the review month (i.e. taking effect on the review effective date). If a market index becomes too concentrated in a small handful of stocks, it can distort the diversification benefits of a broad index and lead to the index being driven almost entirely by those very large components. Some capped indexes employ market capitalization to determine where each constituent in the index is weighted by its free float-adjusted market capitalization. Thus, a capped index sets a maximum percentage on the relative weighting of a component that is determined by its market capitalization, even if that company naturally carries a greater weight in the market.

Capped Index

CMBX Indexes are a group of indexes that track the commercial mortgage-backed securities market. 

CMBX Indices are a group of financial indexes that track the commercial mortgage-backed securities (CMBS) market. The introduction of indexes like the CMBX has led to massive growth in the structured finance market, which includes credit default swaps, commercial mortgage-backed securities, collateralized debt obligations, and other collateralized securities. CMBX Indices are a group of financial indexes that track the commercial mortgage-backed securities (CMBS) market. While the average investor cannot participate in the CMBX indexes directly, they can view current spreads for a given risk class to assess how the market is digesting current market conditions, making it a potentially valuable research tool. The CMBX indexes are reconstituted every six months to bring in new securities and thereby continuously reflect the current health of the CMBS market.

CMBX Indexes

The certificate of deposit index (CODI) was the 12-month average of the most recent dealer bid rates (yields) on nationally traded three-month certificates of deposit.

Selected Interest Rates (H.15): Announcements

The certificate of deposit index (CODI), also known as the cost of deposit index, was the 12-month average of the most recently published dealer bid rates (yields) on nationally traded three-month certificates of deposit as reported in the H.15 Federal Reserve Statistical Release. The certificate of deposit index (CODI), also known as the cost of deposit index, was the 12-month average of the most recently published dealer bid rates (yields) on nationally traded three-month certificates of deposit as reported in the H.15 Federal Reserve Statistical Release. Some common ARM indexes include the prime lending rate, the one-year constant maturity treasury (CMT) value, the one-month, the Fed Funds Rate, and the MTA index, which is a 12-month moving average of the one-year CMT index. For example, if a borrower believes that interest rates are going to rise in the future, the MTA index would be a more economical choice than the one-month LIBOR index because the moving average calculation of the MTA index creates a lag effect. Because the CODI index was a 12-month moving average, it was not as volatile as some other popular mortgage indexes such as the one-month London Interbank Offered Rate (LIBOR) index.

Certificate of Deposit Index (CODI)

A composite is a grouping of equities, indexes or other factors that provide a statistical measure of an overall market or sector performance over time. 

In the financial world, a composite is a grouping of equities, indexes, or other investment securities in a standardized way. The benchmark includes 65 companies that are also included in three other Dow Jones indexes: the Dow Jones Industrial Average, the Dow Jones Transportation Average, and the Dow Jones Utility Average. The goal of an index is to select stocks that represent a particular sector or market, and a committee decides which stocks to include in the index. When applied to stock prices, a composite index can provide a useful statistical measure for the performance of the overall market, a specific sector, or an industry group. Market cap-weighted means that the index is created so that the companies with the biggest market values represent a greater proportion of the overall index.

Composite

The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States. 

The Dow Jones Transportation Average (DJTA), sometimes simply known as the "Dow Transports" is a price-weighted average of 20 transportation stocks traded in the United States.﻿﻿ The Dow Jones Transportation Average is the oldest U.S. stock index, first compiled in 1884 by Charles Dow, co-founder of Dow Jones & Company. As of November 2020, the index consisted of 20 companies:
1.  Alaska Air Group, Inc. (ALK)
2.  American Airlines Group Inc. (AAL)
3.  Avis Budget Group, Inc. (CAR)
4.  C.H. Robinson Worldwide, Inc. (CHRW)
5.  CSX Corp. (CSX)
6.  Delta Air Lines, Inc. (DAL)
7.  Expeditors International of Washington, Inc. (EXPD)
8.  FedEx Corp. (FDX)
9.  J.B. Hunt Transport Services, Inc. (JBHT)
10.  JetBlue Airways Corp. (JBLU)
11.  Kansas City Southern (KSU)
12.  Kirby Corp. (KEX)
13.  Landstar System, Inc. (LSTR)
14.  Matson, Inc. (MATX)
15.  Norfolk Southern Corp. (NSC)
16.  Ryder System, Inc. (R)
17.  Southwest Airlines Co. (LUV)
18.  Union Pacific Corporation (UNP)
19.  United Airlines Holdings, Inc. (UAL)
20.  United Parcel Service (UPS)
Changes in the DJTA are rare, and they usually only happen following a corporate acquisition or other dramatic shifts in a component's core business.﻿﻿﻿﻿ However, Union Pacific is the only one of the original DJTA components to continue in the index.
Should a component need to be replaced, the entire index is reviewed.﻿﻿﻿﻿ Alaska Air Group, Inc. replaced AMR Corporation on December 2, 2011, after AMR Corp. filed for bankruptcy protection. The DJTA traded at a record high of 12,917 on December 9th, 2020, not too long after the index fell below 6,800 in March 2020 as concerns over the coronavirus (COVID19) devastated airline stocks during a deep bear market.﻿﻿﻿﻿ The Dow Jones Industrial Average (DJIA) had continued to reach new highs until February of 2020.﻿﻿﻿﻿ Forecasting the direction of the Dow Jones Industrial Average is one of the primary uses for the Dow Jones Transportation Average. The Dow Jones Transportation Average is closely watched to confirm the state of the U.S. economy, especially by proponents of Dow Theory.

Dow Jones Transportation Average (DJTA)

The Dow Jones U.S. Total Market Index is a market-capitalization-weighted index maintained by Dow Jones Indexes, providing broad coverage of U.S. stocks.

Wilshire 5000 Family : Wilshire 5000 Total Market Index

The Dow Jones U.S. Total Market Index (DWCF) is a market-capitalization\-weighted index Dow Jones Indexes maintains that provides broad-based coverage of the U.S. stock market. The Dow Jones U.S. Total Market Index (DWCF) is a market-capitalization\-weighted index Dow Jones Indexes maintains that provides broad-based coverage of the U.S. stock market. The other most prominent total market indexes besides the Dow Jones U.S. Total Market Index include the Wilshire 5000 Total Market Index and the CRSP US Total Market Index. The Dow Jones U.S. Market Index (DWCF) is a total market index that represents the top 95% of the U.S. stock market based on market capitalization. The Dow Jones U.S. Market Index, considered a total market index, represents the top 95% of the U.S. stock market based on market capitalization.

Dow Jones U.S. Total Market Index

The Dow divisor is a numerical value that is used to calculate the level of the Dow Jones Industrial Average (DJIA).

The Dow divisor is a numerical value used to calculate the level of the Dow Jones Industrial Average (DJIA). The Dow divisor is used to maintain the historical continuity of the DJIA index since there have been numerous stock splits, spinoffs, and changes among the Dow constituents since the index was first introduced in 1896. The Dow divisor is a figure used to normalize the value of the Dow Jones Industrial Average (DJIA) given the prices of its 30 component stocks. The Dow divisor is a numerical value used to calculate the level of the Dow Jones Industrial Average (DJIA). However, as certain events have taken place to alter the overall value of the market, the Dow divisor has been manually altered in order to ensure that the DJIA is accurately valued.

Dow Divisor

An enhanced index fund seeks to enhance the returns of an index via active management to modify the weights of holdings for added returns.

Summary: FLVEX - Fidelity Large Cap Value Enhanced Index Fund

Performance and Risk: FLVEX - Fidelity Large Cap Value Enhanced Index Fund

An enhanced index fund is a fund that seeks to enhance the returns of an index by using active management to modify the weights of holdings for additional return. Investors will find enhanced index fund offerings from investment managers across the industry, with most of the largest asset managers offering a broad range of enhanced index fund products. While enhanced index funds use the same index universe for investment as passive funds, their investing characteristics will be very different. An enhanced index fund is a fund that seeks to enhance the returns of an index by using active management to modify the weights of holdings for additional return. Enhanced index funds typically have higher management fees and higher transaction costs than comparable index funds.

Enhanced Index Fund (EIF)

The FTSE RAFI US 1000 Index is an index of stocks based on the largest 1,000 fundamentally ranked companies. 

The FTSE RAFI U.S. 1000 Index is a benchmark for the share prices of the largest 1,000 companies in the United States ranked according to certain fundamentals. **Cash Flow:** company total free cash flows (FCF) averaged over the prior five years
3.  **Operating Income plus Depreciation and Amortization Book Value:** company book value at the review date
4.  **Cash Dividends:** total cash dividend distributions averaged over the last five years, including both special and regular dividends paid in cash
By focusing on fundamentals, the FTSE RAFI U.S. Index tries to reduce the index's exposure to overvalued stocks, which is especially true for stocks that have seen a seemingly unsustainable increase in price. Instead, the index is constructed using the Fundamental Index® methodology developed by Research Affiliates LLC of Newport Beach, Calif.
The index breaks with the traditional market cap-weighted design and instead uses the reported monetary values of cash flow, book value, total sales, and gross dividend to derive each constituent index weight. Launched on Nov. 28, 2005, with a base value of 5,000, the index includes stocks that trade on the New York Stock Exchange (NYSE), Nasdaq, and American Stock Exchange (AMEX).
FTSE RAFI U.S. 1000 Index is a benchmark for the performance of the largest 1,000 stocks that trade in the United States. The FTSE RAFI U.S. Index is composed of 1,000 U.S. stocks that FTSE International Limited and Research Affiliates LLC (RAFI) identify based on strict guidelines and procedures.

FTSE RAFI US 1000 Index

Index investing is a passive strategy that attempts to track the performance of a broad market index such as the S&P 500.

Index investing is a passive investment technique that attempts to generate returns similar to a broad market index. Investors use this buy-and-hold strategy to replicate the performance of a specific index—generally an equity or fixed-income index—by purchasing the component securities of the index, or investing in an index mutual fund or exchange traded fund (ETF) that itself closely tracks the underlying index. Complete index investing involves purchasing all of an index's components at their given portfolio weights, while less-intensive strategies involve only owning the largest index weights or a sampling of important components. The most cost-effective way to own an index these days is to seek out an index mutual fund or ETF that does all of that work for you, combining the entire index essentially into a single security or share. More cost-effective ways to track an index involve only owning the most heavily-weighted index components or sampling a certain proportion, say 20%, of the index's holdings.

Index Investing

An index measures the performance of a basket of securities intended to replicate a certain area of the market, such as the Standard & Poor's 500.

An index is a method to track the performance of a group of assets in a standardized way. The S&P 500 Index and the Bloomberg Barclays US Aggregate Bond Index are common benchmarks for the U.S. stock and bond markets, respectively.﻿﻿ ﻿﻿ In reference to mortgages, it refers to a benchmark interest rate created by a third party.
Each index related to the stock and bond markets has its own calculation methodology. Instead of a fund portfolio manager actively stock picking and market timing—that is, choosing securities to invest in and strategizing when to buy and sell them—the fund manager builds a portfolio wherein the holdings mirror the securities of a particular index. However, rather than the fund sponsor trying to put together an investment portfolio likely to closely mimic the index in question, these securities feature a rate of return that follows a particular index but typically have caps on the returns they provide. These could be a broad-based index that captures the entire market, such as the Standard & Poor's 500 Index or Dow Jones Industrial Average (DJIA), or more specialized such as indexes that track a particular industry or segment.

Index

An index divisor is a number chosen at inception of the index which is applied to the index to create a more manageable index value.

An index divisor is a number chosen at the inception of a price-weighted stock market index which is applied to the index to create a more manageable index value. An index divisor is a number chosen at the inception of a price-weighted stock market index which is applied to the index to create a more manageable index value. When an index is created, be it a price or market cap weighted index, the prices of the index constituents are added together to create the initial starting value of the index. The divisor mechanism allows people to easily track the value of the index by looking at the quotient of the index value divided by the index divisor. An index divisor is a standardization figure used to compute the nominal value of a price-weighted market index.

Index Divisor

An index fund is a pooled investment vehicle that passively seeks to replicate the returns of some market indexes.

SPDR® Bloomberg Barclays U.S. Aggregate Bond UCITS ETF (Dist)

Vanguard 500 Index Fund Admiral Shares (VFIAX)

An index fund is a type of mutual fund or exchange-traded fund (ETF) with a portfolio constructed to match or track the components of a financial market index, such as the Standard & Poor's 500 Index (S&P 500). An index fund is a type of mutual fund or exchange-traded fund (ETF) with a portfolio constructed to match or track the components of a financial market index, such as the Standard & Poor's 500 Index (S&P 500). The opposite strategy is active investing, as realized in actively managed mutual funds—the ones with the securities-picking, market-timing portfolio manager described above.
One primary advantage that index funds have over their actively managed counterparts is the lower management expense ratio. But several other indexes are widely used as well, including:
Russell 2000, made up of small-cap company stocks
Wilshire 5000 Total Market Index, the largest U.S. equities index
MSCI EAFE, consisting of foreign stocks from Europe, Australasia, and the Far East
Bloomberg Barclays US Aggregate Bond Index, which follows the total bond market
Nasdaq Composite, made up of 3,000 stocks listed on the Nasdaq exchange
Dow Jones Industrial Average (DJIA), consisting of 30 large-cap companies As a result, cheap index funds often cost less than a percent—0.2%-0.5% is typical, with some firms offering even lower expense ratios of 0.05% or less—compared to the much higher fees actively managed funds command, typically 1% to 2.5%.

Index Fund

The ISM non-manufacturing index is based on surveys of more than 400 non-manufacturing (services) firms' purchasing and supply executives in 60 different sectors.

100 Years of Excellence in Supply Management.

November 2020 Services ISM® Report On Business®

The ISM Non-Manufacturing Index is an economic index based on surveys of more than 400 non-manufacturing (or services) firms' purchasing and supply executives. Some of those sectors include:
Accommodation and Food Services
Agriculture, Forestry, Fishing, and Hunting
Arts, Entertainment, and Recreation
Educational Services
Finance and Insurance
Health Care and Social Assistance
Management of Companies and Support Services
Professional, Scientific, and Technical Services
Public Administration
Real Estate, Rental, and Leasing
Retail Trade
Transportation and Warehousing
Wholesale Trade
The ISM Services PMI comes out in the first week of each month and provides a detailed view of the U.S. economy from a non-manufacturing standpoint. The ISM services survey is part of the ISM Report On Business—Manufacturing (PMI) and Services (PMI). Conversely, the Manufacturing PMI report (formerly the ISM Manufacturing Index) surveys manufacturers to determine the level of output and economic activity in production facilities as well as the commodity purchases and inventory that are used to produce those goods. The ISM Services PMI (formerly the Non-Manufacturing NMI) is compiled and issued by the Institute of Supply Management (ISM) and contains a diffusion index based on survey data.

ISM Non-Manufacturing Index

A market basket is a subset of products or financial securities designed to mimic the performance of a specific market segment.

A market basket is a selected group of products or assets designed to track the general performance of a specific market segment. A popular market basket is the Consumer Price Index (CPI), which provides an estimate for inflation based on the average change of price paid for a specific basket of goods and services over time. A market basket is a selected mix of goods and services that tracks the performance of a specific market or segment. Market basket economics focuses on the Consumer Price Index (CPI), which tracks various consumer goods and uses their price levels to provide an estimate of inflation. A market basket is a selected group of products or assets designed to track the general performance of a specific market segment.

Market Basket

The MSCI BRIC Index is an index measuring the equity market performance of the emerging market indices of Brazil, Russia, India, and China. 

The MSCI BRIC index measures the equity market performance of the emerging market indices of Brazil, Russia, India, and China. The MSCI BRIC Index is one of MSCI's Regional Equity Indices and is a free float-adjusted, market capitalization weighted index of four of the biggest emerging market economies.﻿﻿ .
The MSCI BRIC Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance across the following 4 Emerging Markets country indexes: Brazil, Russia, India and China.
With 866 constituents The MSCI BRIC index measures the equity market performance of the emerging market indices of Brazil, Russia, India, and China. As of December 2020, the approximate weighting of the index was: China 69.3%, India 16.4%, Brazil 9.1%, and Russia 5.2%.
Sector weights were: Information Technology 7.6%, Financials 17.4%, Energy 6.7%, Consumer Discretionary 26.6%, Materials 5.9%, Consumer Staples 6%, Industrials 4.3%, Real Estate 2.6%, Health Care 5.8% and Utilities 2.3%.
Investing in BRICs, however, carries inherent risks because the markets are not fully developed. Emerging markets generally do not have the level of market efficiency and strict standards in accounting and securities regulation to be on par with advanced economies (such as the United States, Europe, and Japan), but emerging markets do typically have a physical, financial infrastructure, including banks, a stock exchange, and a unified currency.

MSCI BRIC Index

The Nasdaq 100 Index includes companies from various industries except for companies from the financial sector. Discover more about the Nasdaq 100.

The Nasdaq 100 Index is a basket of the 100 largest, most actively traded U.S companies listed on the Nasdaq stock exchange. While there is no minimum requirement for market capitalization, the index itself represents the top 100 largest companies listed on the Nasdaq. For inclusion in the Nasdaq 100, index securities must be listed exclusively on a Nasdaq exchange. This product is designed to track the performance of the 100 largest companies on the Nasdaq exchange.

Nasdaq 100 Index

The Nasdaq Composite Index is a broad-based market index that includes over 3,000 of the equities listed on the Nasdaq stock exchange.

The Nasdaq Composite Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. To be eligible for inclusion in the Nasdaq Composite Index, the security's U.S. listing must be exclusively on the Nasdaq Stock Market (unless the security was dually listed on another U.S. market prior to January 1, 2004, and has continuously maintained such listing). The Nasdaq Composite Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. Two versions of the Nasdaq Composite Index are calculated: a price return index and a total return index. The Nasdaq Composite Index is a large market-cap-weighted index of more than 2,500 stocks, American depositary receipts (ADRs), and real estate investment trusts (REITs), among others.

Nasdaq Composite Index

The NY Empire State Index is a seasonally adjusted index that tracks the results of the Empire State Manufacturing Survey. 

The NY Empire State Index is the result of a monthly survey of manufacturers in New York state. The headline number for the NY Empire State Index refers to the main index of the survey, which summarizes general business conditions in New York state. The headline number for the NY Empire State Index refers to the main index of the survey, which summarizes general business conditions in New York state. The NY Empire State Index is also known as the Empire State Manufacturing Index. The NY Empire State Index is widely watched by professionals and investors for insights on the state and direction of manufacturing in the influential New York state region.

NY Empire State Index

The NYSE Composite Index serves as a gauge of the performance of stocks listed on the New York Stock Exchange.

The NYSE Composite Index measures the performance of all common stocks listed on the New York Stock Exchange, including American Depositary Receipts issued by foreign companies, Real Estate Investment Trusts and tracking stocks. The NYSE Composite Index is seen as a better stand-in for the broader stock market than many of its narrower counterparts, due to the number of constituents it has and the global diversity of its holdings.
The New York Stock Exchange launched the composite index in 1966. The NYSE Composite Index includes all NYSE-listed stocks, including foreign stocks, American Depositary Receipts, real estate investment trusts and tracking stocks. The NYSE Composite Index is a trackable index that reflects the performance of all the stocks listed on the New York Stock Exchange.

NYSE Composite Index

Passive investing is an investment strategy to maximize returns by minimizing buying and selling. Discover more about it here.

Passive investing is an investment strategy to maximize returns by minimizing buying and selling. Index investing is perhaps the most common form of passive investing, whereby investors seek to replicate and hold a broad market index or indices. Index investing in one common passive investing strategy whereby investors purchase a representative benchmark, such as the S&P 500 index, and hold it over a long time horizon. Some of the key benefits of passive investing are:
**Ultra-low fees:** There's nobody picking stocks, so oversight is much less expensive. Passive funds follow the index they use as their benchmark. Index funds track the entire market, so when the overall stock market or bond prices fall, so do index funds.

What Is Passive Investing?

The profitability index (PI) is a technique used to measure a proposed project's costs and benefits by dividing the projected capital inflow by the investment.

The profitability index (PI), alternatively referred to as value investment ratio (VIR) or profit investment ratio (PIR), describes an index that represents the relationship between the costs and benefits of a proposed project. A profitability index of 1.0 is logically the lowest acceptable measure on the index, as any value lower than that number would indicate that the project's present value (PV) is less than the initial investment. The profitability index (PI), alternatively referred to as value investment ratio (VIR) or profit investment ratio (PIR), describes an index that represents the relationship between the costs and benefits of a proposed project. When limited capital is available, and projects are mutually exclusive, the project with the highest profitability index is to be accepted as it indicates the project with the most productive use of limited capital. As indicated by the aforementioned formula, the profitability index uses the present value of future cash flows and the initial investment to represent the aforementioned variables.

Profitability Index

The Nasdaq OMX 100 Index is a market-capitalization weighted index made up of the largest 100 companies on the NASDAQ OMX group exchanges.

The Nasdaq OMX 100 Index is an international market-capitalization-weighted index made up of the 100 largest companies listed on the NASDAQ OMX group exchanges in the United States, Sweden, Denmark, Finland, and Iceland. These include market-capitalization weighted indexes, equal-weighted indexes, price-weighted indexes, risk-weighted indexes and fundamentally-weighted indexes.
The Nasdaq OMX 100 is a market-capitalization weighted index. The Nasdaq OMX 100 Index is an international market-capitalization-weighted index made up of the 100 largest companies listed on the NASDAQ OMX group exchanges in the United States, Sweden, Denmark, Finland, and Iceland. Market-capitalization-weighted indexes, also known as market cap- or cap-weighted indexes, weight by market value as measured by capitalization: the current security price multiplied by outstanding shares. The index is market-capitalization weighted index comprised of the 100 largest companies listed on the NASDAQ OMX exchanges in the U.S., Sweden, Denmark, Finland, and Iceland.

NASDAQ OMX 100 Index

The Russell 2500 Index is a market-cap-weighted equity index that includes 2,500 mid-cap and large-cap stocks all under a market cap of $10 billion.

Russell U.S. Equity Indexes for IOSCO Compliant Indexes

The Russell 2000 Index: Small Cap Index of Choice

The Russell 2500 is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. Those who wish to invest in the overall performance of the Russell 2500 Index may invest in the iShares Russell Small/Mid-Cap Index Fund, which seeks to track the performance of the Russell 2500 Index. **Russell 3000 Value**: Included in the Russell 3000 Value Index are stocks from the Russell 3000 Index with lower price-to-book ratios and lower expected growth rates. The Russell 2500 is a market-cap-weighted index that includes the smallest 2,500 companies covered in the broad-based Russell 3000 sphere of United States-based listed equities. To invest in the Russel 2500, pick a mutual index fund that tracks the index, such as the iShares Russell Small/Mid-Cap Index Fund or the iShares Russell 2500 ETF.

Russell 2500 Index

Russell 3000 Value Index is a market-capitalization weighted value stock index maintained by the Russell Investment Group and based on the Russell 3000 Index.

Russell 3000 Value Index is a market-capitalization weighted equity index maintained by the Russell Investment Group and based on the Russell 3000 Index, which measures how U.S. stocks in the equity value segment perform by including only value stocks. Russell 3000 Value Index is a market-capitalization weighted equity index maintained by the Russell Investment Group and based on the Russell 3000 Index, which measures how U.S. stocks in the equity value segment perform by including only value stocks. To assign growth and value weights within the Russell 3000 Index, the Russell Investment Group ranks the stocks within the Russell 1000 and 2000 Indexes, respectively. Included in the Russell 3000 Value Index are stocks from the Russell 3000 Index with lower price-to-book ratios and lower expected growth rates. The Russell 3000 Value Index is based on the Russell 3000 Index, which measures the performance of the 3,000 largest publicly held companies incorporated in America, as defined by total market capitalization.

Russell 3000 Value Index

The Russell 1000 Index, a subset of the Russell 3000 Index, represents the 1000 top companies by market capitalization in the Unites States.

Russell US Indexes Adds 47 New IPOs, Announces Schedule for 33rd Annual Russell Reconstitution

These variations include the:
Russell 1000 Value
Russell 1000 Growth
Russell 1000 Defensive
Russell 1000 Dynamic
Russell 1000 Growth-Defensive
Russell 1000 Growth-Dynamic
Russell 1000 Value-Defensive
Russell 1000 Value-Dynamic
Investors can who don't want to invest directly in the index may buy shares in passively managed index exchange-traded funds (ETFs) offered by iShares, including the iShares Russell 1000 Index ETF (IWB) and the iShares Russell 1000 Value ETF (IWD). The Russell 1000 was launched on Jan. 1, 1984, by FTSE Russell, which also manages the Russell 3000 and Russell 2000, as well as numerous alternative indexes derived from each. To determine the holdings of the Russell 1000, the company ranks all of the stocks included in the Russell 3000 by market capitalization and identifies the market cap breakpoint of the 1,000th stock ranking. The iShares Russell 1000 Value ETF allows investors to track both mid- and large-cap U.S. equities based on the Russell 1000 index.

Russell 1000 Index

The Russell 3000 Index is a market-capitalization-weighted equity index that seeks to track 3,000 of the largest U.S.-traded stocks.

2021 Reconstitution Calendar for the Russell US Indexes

Construction and Methodology: Russell U.S. Equity Indexes

The Russell 3000 Index is a market-capitalization\-weighted equity index maintained by FTSE Russell that provides exposure to the entire U.S. stock market. The biggest holdings comprise tech giants such as Apple (AAPL), Microsoft (MSFT), Facebook (FB), and Amazon (AMZN).
As of June 2021, the average market capitalization of stocks in the index stands at $416 billion and the median at $2.4 billion.
The Russell U.S. Indexes are designed to reflect the ever-changing U.S. equity market, and the annual reconstitution process is critical to maintaining accurate representation. When the indexes are reconstituted, the breakpoints among large-cap, midcap, and small-cap stocks are redefined to ensure market changes that have occurred in the preceding year are captured. The Russell 3000 Index serves as the basis for a broad range of market indexes, such as the large-cap Russell 1000 and the small-cap Russell 2000 index. The Russell 3000 Index serves as a building block for a broad range of financial products, which include the large-cap Russell 1000 and the small-cap Russell 2000 index. The Russell 3000 Index is a market-capitalization\-weighted equity index maintained by FTSE Russell that provides exposure to the entire U.S. stock market.

Russell 3000 Index

The Russell Top 50 Mega Cap Index is a mega-cap stock index of the 50 largest stocks in the Russell 3000 universe of U.S.-based equities.

The Russell Top 50 Mega Cap Index is a market-capitalization-weighted index of the 50 largest stocks in the broad-based Russell 3000 universe of U.S.-based equities. All Russell U.S. Indexes are subsets of the Russell 3000 Index, which includes the well-known large-cap Russell 1000 Index and small cap Russell 2000 Index. The index is reconstituted annually to account for new and growing member companies.
The Russell Top 50 Mega Cap Index typically pays an above-average dividend yield, a reflection of the general safety and cash flow generation found among the largest traded companies.
Nasdaq’s website ran a Zacks.com-reported story in June 2018 headlined “4 Solid Reasons to Buy Mega-Cap ETFs Now.” The Russell Top 50 Mega Cap Index is a market-capitalization-weighted index of the 50 largest stocks in the broad-based Russell 3000 universe of U.S.-based equities. The Russell Top 50 Mega Cap Index is a market capitalization weighted index of the 50 largest stocks in the Russell 3000 universe of U.S.-based equities.

Russell Top 50 Mega Cap Index

The S&P 500 Pure Value Index is a market-cap-weighted index comprised of stocks within the S&P 500 Index exhibiting strong value characteristics.

The S&P 500 Pure Value Index, which was previously known as the S&P 500/Citigroup Pure Value Index, is among the company's group of style indices. The term S&P 500 Pure Value Index refers to a score-weighted index developed by Standard and Poor's (S&P). The S&P 500 Pure Value Index is an index made up of the strongest value stocks on the S&P 500. The index is narrow in focus, as it only contains those S&P 500 companies with value stock characteristics as selected by S&P.
As of April 30, 2021, the index was comprised of 120 different companies.

S&P 500 Pure Value Index

The CNX Nifty is a stock index composed of 50 of the largest and most liquid stocks on the National Stock Exchange of India.

Nifty 50 world's most actively traded contract: Surveys

NSE drops S&P prefix from index after licencing arrangement expired January 31, 2013

The term CNX Nifty refers to a regional stock market index found on the National Stock Exchange (NSE) of India. It is used for a variety of purposes, including benchmarking fund portfolios, index-based derivatives, and index funds.﻿﻿ It was declared as the world’s most actively-traded derivatives contract in 2015, according to surveys conducted by the World Federation of Stock Exchanges (WFE), the International Options Market Association (IOMA), and the Futures Industry Association (FIA.)
Nifty 50 Index is the largest financial product in India. The term CNX Nifty refers to a regional stock market index found on the National Stock Exchange (NSE) of India. But the index changed its name to CNX Nifty after the NSE ended its licensing agreement with Standard & Poor's (S&P).﻿﻿ As mentioned above, though, it's commonly referred to in the financial industry as the Nifty 50.
CNX The CNX Nifty is a benchmark index that tracks 50 of the largest stocks traded on India's National Stock Exchange.

CNX Nifty

STOXX is a leading provider of market indexes that are representative of European and global markets.

Table of Contents
What Is STOXX?
Understanding STOXX
The Euro Stoxx 50 Index
Investing in the Euro STOXX 50
The Stoxx Europe 600 Index
The Stoxx Global 1800
The Euro Stoxx 50 ESG Index
STOXX, a subsidiary of Deutsche-Borse Group (stock symbol: DBOEF), is a leading provider of market indexes that are representative of European and global markets. Other popular ways to gain exposure to major European stocks include:
The Vanguard MSCI Europe ETF (VGK)
The iShares S&P Europe 350 Index (IEV)
The iShares MSCI EMU Index (EZU)
Of course, investors can always purchase European stocks listed on US exchanges through the use of American Depository Receipts (ADRs).
For example, Euro Stoxx 50 components like ING Group (ING), SAP (SAP), and Banco Santander (SAN) all have ADRs listed on the New York Stock Exchange.
The Stoxx Europe 600 Index is derived from STOXX's Europe Total Market Index and is a subset of the popular Stoxx Global 1800 Index.
It has a fixed number of 600 components, representing large, mid, and small-capitalization companies from 17 countries in Europe: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.
As of June 10, 2021, some of the components in the Euro Stoxx 50 included (sector and the home country also listed):
**Nestle:** Food, beverage, and tobacco, Switzerland
**ASML Holding:** Technology, Netherlands
**Roche Holding:** Health care, Switzerland As of June 11, 2021, some of the components in the Euro Stoxx 50 included (sector and the home country also listed):
**Apple:** Technology, US
**Microsoft:** Technology, US
**Amazon:** Technology, US
**Royal Bank of Canada:** Banks, Canada
**Toyota Motors:** Automobiles and parts, Japan
**Softbank Group:** Telecommunications, Japan
**Mitsui & Co:** Industrial goods and services, Japan
**Unilever:** Personal care, drug, and grocery stores, United Kingdom
**Novo Nordisk:** Health care, Denmark
The Euro Stoxx 50 Index is a reflection of the Euro Stoxx 50 Index, but with standardized Environmental, Social, and Green (ESG) screens applied for global standards, controversial weapons, thermal coal, military contracting, and tobacco.
Companies in the Euro Stoxx 50 Table of Contents
What Is STOXX?
Understanding STOXX
The Euro Stoxx 50 Index
Investing in the Euro STOXX 50
The Stoxx Europe 600 Index
The Stoxx Global 1800
The Euro Stoxx 50 ESG Index
STOXX, a subsidiary of Deutsche-Borse Group (stock symbol: DBOEF), is a leading provider of market indexes that are representative of European and global markets. They include Euro Stoxx 50 Subindex France, Euro Stoxx 50 Subindex Germany, Euro Stoxx 50 Subindex Italy, Euro Stoxx 50 Subindex Netherlands, and Euro Stoxx 50 Subindex Spain.

STOXX

The theoretical Dow Jones Index is a method of calculating the Dow Jones index that assumes all index components hit their high or low at the same time during the day.

The theoretical Dow Jones Index uses averages of the high and low price for each equity in the index in its daily calculations rather than the index components' closing prices. Charles Dow and Edward Jones founded the Dow Jones Industrial Average in 1896, including 12 companies they felt broadly exemplified the strength or weakness of the nation’s stock market.﻿﻿ The index weights the price of each stock by its proportion to the overall index, which changes the calculation of the index subtly for any fixed point in time. A snapshot of the index at its actual low point and high point of the day would likely fall short of the theoretical marks in reality, with theoretical highs higher than the actual high points and theoretical lows lower than the actual low points over the course of a trading day. The theoretical Dow Jones index computes the daily price of the Dow Jones Industrial Average by taking the average of each component's daily high and low price. The theoretical Dow Jones Index uses averages of the high and low price for each equity in the index in its daily calculations rather than the index components' closing prices.

Theoretical Dow Jones Index

Total return indexes include any dividends and interest payments in the calculation of its returns.

A total return index is a type of equity index that tracks both the capital gains as well as any cash distributions, such as dividends or interest, attributed to the components of the index. A total return index is a type of equity index that tracks both the capital gains as well as any cash distributions, such as dividends or interest, attributed to the components of the index. A total return index, in contrast to a price index, better reflects the actual returns that an investor holding the index components would receive. While most total return indexes refer to equity-based indexes, there are total return indexes for bonds that assume that all coupon payments and redemptions are reinvested through buying more bonds in the index. A total return index can be contrasted with a price return or nominal index.

Total Return Index

The Value Line Composite Index is a stock gauge containing approximately 1,675 companies from the NYSE, American Stock Exchange, Nasdaq and OTC market. 

The Value Line Composite Index is a stock index containing approximately 1,700 companies from the NYSE, American Stock Exchange, Nasdaq, Toronto, and over-the-counter markets.﻿﻿﻿ The Value Line Composite Index has two forms: The Value Line Geometric Composite Index (the original equally weighted index) and the Value Line Arithmetic Composite Index (an index which mirrors changes if a portfolio held equal amounts of stock.) The Value Line Composite Index is a stock index containing approximately 1,700 companies from the NYSE, American Stock Exchange, Nasdaq, Toronto, and over-the-counter markets.﻿﻿﻿ The Value Line Composite Index has two forms: The Value Line Geometric Composite Index (the original equally weighted index) and the Value Line Arithmetic Composite Index (an index which mirrors changes if a portfolio held equal amounts of stock.) The number of companies in the Value Line Index fluctuates based on factors including the addition or delisting of the companies on the exchanges themselves, mergers, acquisitions, bankruptcies, and the coverage decisions made by Value Line for the Value Line Index. The daily price change of the Value Line Geometric Composite Index is found by multiplying the ratio of each stock's closing price to its previous closing price and raising that result to the reciprocal of the total number of stocks.
This index was established on February 1, 1988, using the arithmetic mean to more closely mimic the change in the index if you held a portfolio of stocks in equal amounts.﻿ These indexes are typically published in the Value Line Investment Survey, created by Arnold Bernhard, the founder, and CEO of Value Line Inc.
The Value Line Composite index contains a mix of roughly 1,700 stocks from the major North American market indexes.

Value Line Composite Index

The Wilshire 5000 Total Market Index (TMWX) is a market capitalization-weighted index that seeks to represent the broad U.S. equity market.

https://wilshire.com/Portals/0/analytics/indexes/fact-sheets/wilshire-5000-fact-sheet.pdf

The Wilshire 5000 Total Market Index (TMWX) is a broad-based market capitalization-weighted index composed of 3,451 publicly traded companies that meet the following criteria:
The companies are headquartered in the United States.
The stocks are listed and actively traded on a U.S. stock exchange. The Dow Jones U.S. Market Index, considered a total market index, represents the top 95% of the U.S. stock market based on market capitalization. The Dow Jones U.S. Total Market Index (DWCF) is a market-capitalization\-weighted index that Dow Jones Indexes maintains that provides broad-based coverage of the U.S. stock market. The Wilshire 5000 Total Market Index (TMWX) is a broad-based market capitalization-weighted index composed of 3,451 publicly traded companies that meet the following criteria:
The companies are headquartered in the United States.
The stocks are listed and actively traded on a U.S. stock exchange. The Russell 3000 Index is another market-capitalization-weighted equity index maintained by FTSE Russell that provides exposure to the entire U.S. stock market.

Index Trading Strategy and Education

More in Trading

Terms in Index Trading Strategy and Education