Alternative indexes have higher risk than market-based indexes and therefore provide a different return path relative to the risk.
That has skewed the results, and has led to raised eyebrows when evaluating market conditions based on indexes alone.
Early ETFs were almost all based on indexes.
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According to a registration statement filed with the U.S. Securities and Exchange Commission, the ETFs will be based on indexes that track dividend-paying stocks, a twist on the traditional style of tracking the large U.S. and foreign market indexes.
Discussions are under way to launch mutual funds based on the indexes for U.S. investors, says Mr. Shepherd at Research Affiliates.
To date, all ETF portfolios are based on market indexes.
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By contrast, some other indexes based on more recent data, such as that from the Federal Housing Finance Agency and private sources such as John Burns Real Estate Consulting, show a nascent recovery.
The PowerShares Capital Management group, for example, has a whole family of exchange-trade funds based in standard indexes but with methodologies that allow for discretion in what securities are purchase, and in what amounts.
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The most sensitive measure is the price of gold or, if you prefer, broad-based, nonenergy commodities indexes, both of which remain depressed.
Social Security considers all your covered earnings from age 16 on and indexes, based on historic wage growth, all earnings through the year you are age 60.
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The green property indexes are based on the analysis of over 14, 300 LEED and 18, 400 Energy Star projects that have received third-party certification based on their green achievements and performance.
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Scottrade took the FocusShares gambit after the fund firm closed some more esoteric products in 2008. ( The WalMart Supplier Index ETF, anyone?) In 2011, FocusShares relaunched with broad-based ETFs on Morningstar indexes.
Second, the study was based on the performance of indexes when in reality, the vast majority of mutual funds under-perform those indexes because of fees and trading costs.
The same holds true for other structured notes which have seen a decline in the past year such as notes based on oil prices or other declining indexes.
Berkshire sold options contracts based on the value of four equity market indexes over the next decade.
You might think that the investment return would be based on the compounded total return of those three indexes over six years.
Based on technical analysis and charting, the major market indexes like the Dow and Nasdaq are short-term oversold beneath their 50-day moving averages to a degree that almost always brings a rally back up to the moving average.
The most basic of the indexes rates a world's suitability for life based on its place within a habitable zone, which is calculated by a planet's distance from its parent star, the star's luminosity and temperature.
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