To date, Index Strategy Maps have been adopted by two companies, Morningstar, Inc. and ETFguide.com.

FORBES: No Free Lunch from Alternative Indexes

Year-to-date, major index returns in double digits would suggest good things have happened so far.

FORBES: Binders Full Of Stock Opportunities

Meanwhile, the MSCI Brazil index, which tracks the Bovespa, is down 9.5 percent year to date while the MSCI Emerging Markets index is up 7.96 percent over the same period.

FORBES: Brazil, Still Shrinking