NASDAQ Nordea SmartBeta Dividend Momentum Swe PR

NQNDDMP
985.24 3.04 0.31%

Key Stats

Previous Close 982.20 Today’s High 986.11 Today’s Low 982.17

NQNDDMP

NASDAQ Nordea SmartBeta Dividend Momentum Swe PR

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Nasdaq provides either actual historical index values or back-tested histories for certain indexes. All back-tested index values for periods prior to the launch date of an index are merely indicative, and they are provided "AS IS" for informational and educational purposes only...

Index Description

The Nasdaq Nordea SmartBeta Dividend Momentum PR Index is a transparent, rules based equity strategy index aimed to provide exposure to high dividend yield and low volatility. The Index follow a systematic selection approach where the first step is a liquidity screening. The securities that qualifies the liquidity screening are then ranked according to highest dividend yield measured over the last 12-month period. The securities that rank among the top 50 are subsequently ranked according to highest momentum measured over the last 12-month period. Finally, the securities that rank among the top 30 are selected.

Summary Details

Last 985.24
Net Change 3.04
Net Change(%) 0.31%
Day High 986.11
Day Low 982.17
Previous Close 982.20
Base Value 500.00
Divisor 22,489,610,213