NQDXLA NASDAQ AlphaDEX Latin America Index

The Index is constructed by ranking the stocks in the NASDAQ Latin America Index on growth factors including 3-, 6- and 12-month price appreciation, sales to price and one year sales growth and separately on value factors including book value to price, cash flow to price and return on assets. Each stock receives the best rank from step 1 as its “selection score”. The best scoring 50 stocks comprise the “selected stocks” universe. The “selected stocks” are then split into quintiles based on their selection score. The top ranked quintile receives 5/15 (33%) of the portfolio weight with successive quintiles receiving 4/15 (26.7%), 3/15 (20.0%), 2/15 (13.3%) and 1/15 (6.7%), respectively. Stocks are equally weighted within each quintile.

1,367.68
As of 05/27/2021


Index Information
Provider:     NASDAQ OMX
Category1:  Global Equity
Category2:  Emerging markets
Category3:  Miscellaneous region
Currency:    USD
Inception date:  02/11/2015
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
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