NQSSBA Nasdaq US Smart Banks Index

The Index selects the 30 most liquid eligible bank securities from the NASDAQ US Benchmark Index and then ranks those securities based on three factors: 1) Volatility – trailing 12-month price fluctuation. 2) Value – cash flow to price. 3) Growth – the 3-, 6-, 9-, and 12-month average price appreciation. The securities are weighted based on their score on the three factors. The index weighting methodology includes caps to prevent high concentrations among single stocks.

1,140.18
As of 05/27/2021

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Index Information

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Provider:     NASDAQ OMX
Category1:  US Equity
Category2:  Single industry
Category3:  Banking
Country:      USA
Currency:    USD
Inception date:  07/08/2016
Backtesting data exists:   Yes
Weighting methodology:   Composite scores
Number of holdings:  30
Rebalanced:  Quarterly
Reconstituted:  Annually
Total return version:  NQSSBAT


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