NQSSBAT Nasdaq US Smart Banks Total Return Index

This is the total return version of NQSSBA. The Index selects the 30 most liquid eligible bank securities from the NASDAQ US Benchmark Index and then ranks those securities based on three factors: 1) Volatility trailing 12-month price fluctuation. 2) Value cash flow to price. 3) Growth the 3-, 6-, 9-, and 12-month average price appreciation. The securities are weighted based on their score on the three factors. The index weighting methodology includes caps to prevent high concentrations among single stocks.

As of 09/11/2017

Index Information
Provider:     NASDAQ OMX
Category1:  US Equity
Category2:  Single industry
Category3:  Banking
Currency:    USD
Inception date:  07/08/2016
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
Number of holdings:  30
Total return version:  NQSSBA

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