Indices
Indxx Hedged Dividend Income Index
The Indxx Hedged Dividend Income Index is a sector neutral index which is designed to track the performance of a strategy utilizing long positions on high dividend paying companies, short positions on no or low dividend paying companies and long positions on Indxx Cash Index. The index has been backtested to February 28, 2003 and has a live calculation date of March 25, 2013.
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Back-tested performance is hypothetical and has certain inherent limitations. Back-tested performance differs from live performance and is included for informational purposes only.
Back-tested performance is hypothetical and has certain inherent limitations. Back-tested performance differs from live performance and is included for informational purposes only.
Index Characteristics
| Base Date | 02/28/2003 |
| No. of Constituents | 3 |
| Dividend Yield * |
4.45% |
| 52 Week High/Low ** |
3241/2547 |
* Trailing 12 months data for current year portfolio
** Trailing 12 months
Top 5 Index Constituents
| Company Name | Weight(%) |
|---|---|
| Indxx Hedged Dividend Long Index | 101.19% |
| Indxx Cash | 50.69% |
| Indxx Hedged Dividend Short Index | -51.88% |
Index Risk & Return Statistics
| Statistic | QTD | YTD | 1 Year | 3 Year | Since Base Date |
|---|---|---|---|---|---|
| Beta 1 |
-0.36 | -0.55 | -0.75 | 0.23 | 0.04 |
| Correlation 1 |
-0.23 | -0.32 | -0.28 | 0.11 | 0.02 |
| Returns 2 |
1.03% | 10.41% | 19.86% | 4.96% | 6.39% |
| Standard Deviation | 8.14% | 9.90% | 14.47% | 15.60% | 10.65% |
1W.R.T.: Indxx 500 Index TR
2As of last trading day.