Dividends & Factors

Multi-Factor

Multi-factor indices may help to facilitate diversification among factor exposures. Our core offerings combine indices measuring quality, value, momentum, low volatility, and/or dividend stocks.

Indices

Core

These indices are designed to measure the performance of a combination of single-factor indices, each containing stocks from the underlying universe with the highest exposure to their respective factor.

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GARP

Our GARP (growth at a reasonable price) indices measure the performance of the top growth stocks with high quality and value composite scores within the respective index universe. Constituents are selected from the index universe based on earnings-per-share (EPS) and/or sales-per-share (SPS) growth, as well as financial leverage, return on equity, and earnings to price valuations. Index constituents are Growth Score weighted, subject to the capping constraints.

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HMV

The HMV indices measure the performance of stocks with relatively high value and momentum scores. Index constituents are weighted by value score.

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LVHD

These indices seek to measure the performance of the least-volatile high-dividend-yielding stocks in the benchmark.

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Other

These indices cover strategies ranging from high beta and high dividend indices to those that focus on intrinsic value and shareholder yield.

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