DZC Dynamic Software Intellidex Index

The Index is comprised of stocks of 30 U.S. software companies. The methodology evaluates companies quarterly, based on a variety of factors grouped into 5 broad categories: Price Momentum, Earnings Momentum, Quality, Management Action (Change in capital expenditure, Share buybacks, Total dividends paid) & Value. The Index includes 30 stocks that are selected based on their model Score as follows: i) Eight of the top-ranked relatively larger stocks are selected and collectively receive 40% of the total index weight (each larger stock receives on average 5%). The eight component stocks selected are the components with the best Model Score in the Sub-Group. ii) Twenty-two of the top-ranked relatively smaller stocks are selected and collectively receive 60% of the total index weight (each smaller stock receives on average 2.73%). The twenty-two component stocks selected are the components with the best Model Score in that Sub-Group.

12,029.01
As of 05/17/2019


Index Information
Provider:     ICE (NYSE)
Category1:  US Equity
Category2:  Single industry
Category3:  Information technology
Country:      USA
Currency:    USD
Inception date:  08/01/2013
Backtesting data exists:   No
Weighting methodology:   Composite scores
Number of holdings:  30
Rebalanced:  Quarterly
Reconstituted:  Quarterly
Total return version:  DZCTR


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