SPC6LHUP S&P SmallCap 600 Low Volatility High Dividend Index

The Index ranks all stocks in the selection universe (the S&P Smallcap 600 Index) in descending order by their 12-month trailing dividend yield, calculated as their dividends per share for the prior 12 months divided by the stock price as of rebalancing reference date. The top 90 stocks with the highest dividend yield are selected, with the number of stocks from each GICS sector capped at 10. If the number of stocks from a sector reaches 10, the remaining highest yielding stocks from other sectors are selected until the number of selected stock reaches 90. The 90 selected highest yielding stocks are, then, ranked in ascending order by realized volatility. The top 60 securities with the lowest realized volatility form the index. The Index is rebalanced and reconstituted semi-annually on the last business day in January and July.

As of 05/05/2020

Index Information
Provider:     S&P Dow Jones
Category1:  US Equity
Category2:  Broad market
Category3:  Small cap
Country:      USA
Currency:    USD
Inception date:  10/31/2016
Backtesting data exists:   Yes
Weighting methodology:   Dividend weighted
Number of holdings:  60
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually
Total return version:  SPC6LHUT

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