NQSHYLT Nasdaq US Shareholder Yield Total Return Index
This is the total return version of NQSHYL. The Index uses a multi-factor model to select stocks of mid- to large-capitalization U.S. companies within the Nasdaq U.S. Large Mid Cap Index. To be included in the index, the stock must be paying a dividend. All eligible stocks are scored using the average of nine factors: 1) Dividend Yield 2) Buyback Yield 3) Dividend Payout Per Share 4) Free Cash Flow to Price 5) Free Cash Flow Growth 3-Year Sharpe Ratio 6) EBITDA to Debt 7) Dividend Yield Historical Valuation (3-Year & 5-Year) 8) Dividend Growth (1-Year, 3-Year & 5-Year) 9) Free Cash Flow Growth (1-Year, 3-Year & 5-Year). The top 20% best scoring stocks are selected. Stocks are weighted such that securities in the top two deciles receive 65% and 35% of the index weight respectively. The Index is evaluated annually in March.
9,915.28
As of 05/04/2020
Index Information
Provider: NASDAQ OMX
Category1: US Equity
Category2: Broad market
Category3: Large and mid cap
Currency: USD
Inception date: 01/19/2016
Backtesting data exists: Yes
Weighting methodology: Equal weighted
Number of holdings: 133
Total return version: NQSHYL
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