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Q: What is weighted index?
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Is The Dow Jones Industrial Average a market value weighted or price weighted index?

The Dow Jones Industrial average is a price weighted index.


Is the Dow Jones a price weighted average?

Yes, the Dow Jones Industrial Index is a price weighted index.


Is the NASDAQ a price weighted index?

Yes


What is the difference between value weighted index and equal weighted index?

Value weighted index is a market average such as Standard & Poor's 500 Index that takes into account the market value of each security rather than calculating a straight price average. An equal weighted index is a type of weighting that gives the same weight, or importance, to each stock in a portfolio or index fund. The difference is one gives individual value and other gives one value to all.


What is the symbol for Compass EMP US 500 Volatility Weighted Index ETF in NASDAQ?

The symbol for Compass EMP US 500 Volatility Weighted Index ETF in NASDAQ is: CFA.


What is the symbol for First Trust NASDAQ-100 Equal Weighted Index Fund in NASDAQ?

The symbol for First Trust NASDAQ-100 Equal Weighted Index Fund in NASDAQ is: QQEW.


What is the symbol for Compass EMP US 500 Enhanced Volatility Weighted Index ETF in NASDAQ?

The symbol for Compass EMP US 500 Enhanced Volatility Weighted Index ETF in NASDAQ is: CFO.


What is the market cap for Compass EMP US 500 Volatility Weighted Index ETF CFA?

As of July 2014, the market cap for Compass EMP US 500 Volatility Weighted Index ETF (CFA) is $34.87.


What is the market cap for First Trust NASDAQ 100 Equal Weighted Index Fund QQEW?

As of July 2014, the market cap for First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is $430,768,079.04.


What is the market cap for Compass EMP US 500 Enhanced Volatility Weighted Index ETF CFO?

As of July 2014, the market cap for Compass EMP US 500 Enhanced Volatility Weighted Index ETF (CFO) is $34.88.


Is the NASDAQ market-weighted?

This composite index includes 5,500 companies and, like the S and P, is market-weighted, thus providing more meaningful numbers.


How do you work out index numbers?

Index numbers are usually expressed by setting some selected value as 100 and converting all other numbers to an index relative to that base.So, for a simple index, if the value y(0) is set to 100, then the index for the value y(k) is y(k)/y(0)*100.The calculations become more complicated if the index is for a collection of items. In such cases, a number of different "sub-indices" need to be combined together. The combined index is calculated as a weighted average of the component sub-indices, with the weights based on the importance of each su-index in the base period (base-weighted) or in the current period (current-weighted).