ETF Trends
ETF Trends

Dow Jones Indexes has launched a new series – could an exchange traded fund (ETF) be far behind?

Dow partnered with Transparent Value LLC to deliver the Required Business Performance Index series, which measures the likelihood a company can deliver the performance required to support its current stock price. Proprietary methodology is used to make those calculations.

The first indexes in the series are the Dow Jones RBP Large-Cap 130/30 Indexes, which will use probability metrics to create 130/30 investment strategy indexes based on U.S. large-cap stocks. The indexes are rebalanced quarterly.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.