ICK ISE CHIndia Index

The starting universe of stocks is the total population of companies that are domiciled in either India or China and whose shares or ADRs are listed on a U.S. securities exchange. Remove companies that do not meet the component eligibility criteria which include minimum market capitalization and trading volume requirements. Rank the remaining stocks by their liquidity score. (Rank all eligible stocks separately by market cap and three month average daily dollar volume. Sum the ranks for each stock to get a liquidity score.) Select the top 25 stocks from each country by liquidity score. If less than 25 stocks are available for a country, then continue selecting stocks from the other country until a maximum of 50 stocks are selected. Weight according to the following methodology: top three ranked stocks in each country are weighted at 7% each. The next three in each country are weighted at 4% each. The next three in each country are weighted at 2% each and the remaining stocks are equally weighted.

As of 05/27/2021

Index Information
Provider:     NASDAQ OMX
Category1:  Global Equity
Category2:  Emerging markets
Category3:  Miscellaneous region
Currency:    USD
Inception date:  12/19/2003
Backtesting data exists:   No
Weighting methodology:   Other
Number of holdings:  50

As explained in what is an index, there is no universal system of giving an index a symbol. You can search for indexes using our index symbol lookup.

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy