Index Investing: From Theory to Practice · Dr MAI Huu Minh, TRAN Phan Bao Ngoc & HUYNH Nguyen Quoc BuuChapter 36 of 37 · Module 8: Latest index trends and innovations
CHAPTER 36
The NXW Indexes Observatory
Finding, reading and comparing indexes: specifications, history, performance and peers
Opening question
“My adviser suggests a fund that tracks an Asian technology index I have never heard of. Where can I find out what is inside it, how it has behaved — and whether it is any better than the alternatives?”
In this chapter
- What an index observatory is and who uses it
- The NXW Indexes Observatory: the index pages and screeners of the NXW platforms
- Searching and filtering: from more than 100,000 indexes to a short list
- Reading the specification and the history of an index
- Composition and concentration: top-10 weight and the effective number of constituents
- Performance and risk: period returns, volatility, drawdown, Sharpe ratio, beta and tracking error
- Comparing peers fairly: rebasing, metrics tables, correlation and rankings
- Reading a factsheet critically, a checklist before you trust an index, and a five-click workflow
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This chapter is in the full book
Chapter 1 is free to read online. The full text of chapter 36 — with its tables, figures, worked examples and practice lab — is available in the complete edition of Index Investing: From Theory to Practice (Volume 1, NXW Investment Library).
Read Chapter 1 freeGet the full book — [email protected]Sections of this chapter
36.1 Why an observatory?
36.2 The NXW Indexes Observatory
36.3 Searching and filtering: the screener
36.4 The specification: reading the factsheet
36.5 History: levels, reconstitutions and versions
36.6 Composition and concentration
36.7 Performance and risk
36.8 Comparing with peers
36.9 Reading a factsheet critically
36.10 From question to answer in five clicks