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Industry | |
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Sector | |
ISIN | None |
CurrencyCode | USD |
Exchange | NYSE ARCA |
Dividend Yield | 0.0% |
---|---|
Target Price | None |
PE Ratio | None |
Market Cap | 13M |
Beta | -0.22 |
The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500®.
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