NASDAQ Nordea SmartBeta Dividend Momentum Swe PR

NQNDDMP
982.18 4.45 0.46%

Key Stats

Previous Close 982.18 Today’s High 985.48 Today’s Low 975.37

NQNDDMP

NASDAQ Nordea SmartBeta Dividend Momentum Swe PR

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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 982.18
Net Change 4.45
Net Change(%) 0.46%
Day High 985.48
Day Low 975.37
Previous Close 982.18
Base Value 500.00
Divisor 22,489,610,214