NQMGUSLT Nasdaq U.S. Mega Cap Select Leaders Total Return Index

This is the total return version of NQMGUSL. To be included in the Index, a security must be a component of the Nasdaq US 500 Large Cap Index and be in the top 50th percentile of the Nasdaq US 500 Large Cap Index by aggregate company market cap. Additional proprietary eligibility criteria are applied. The Index employs a modified equal-dollar weighting methodology: 1) Securities in the top 10% of aggregate market cap maintain aggregate market cap weight. 2) Securities not in top 10% of aggregate market cap: Volatility adjusted such that components in the top two deciles by volatility (lowest volatility) receive 1% higher weight than equal weighted, bottom two deciles (highest volatility) receive 1% lower weight than equal weighted and middle 60% receive equal weights.

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As of 11/28/2022


Index Information
Provider:     NASDAQ OMX
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Currency:    USD
Inception date:  06/26/2017
Backtesting data exists:   Yes
Weighting methodology:   Other
Number of holdings:  53  (as of 09/27/2017)
Total return version:  NQMGUSL


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