Index Rebalance

This page shows you what stocks will be added or removed from an index if a reweight happened today.

Funds that track an index needs to trade based on if a stock moves in and out of an index, and the stocks weighting in the index. On this page you can see how many shares of a company that needs to be traded by these funds to accurately reflect the changes.

Index Rebalance Dates table

Tracking value – The total combined dollar ($) value of the assets under management of publicly available passive funds set up to specifically to track/mirror the index constituents of this index.

Next rebalance announcement – The date when the Index provider announces any additions and deletions from the current index (note sometimes index changes are also made outside of this official announcement date).

Next rebalance effective date – Usually a few weeks after the Rebalance announcement date, the effective date is the date at which the announced index changes will be implemented.

Last Rebalance Annoncement – The data of the last announced changes to the index

 

Significant Index Changes and Current Index tables

Weighting change percent points  – The change in weighting that would happen if the index was rebalanced today.

Weighting change % of current  –The weighting change in percent that would happen if the index was rebalanced today. IF the last official was 1% and it would be 2% today, the Weighting change % of current is 100%

Market cap change needed to enter index – The change of market cap required in order for the stock to be ranked within the guaranteed entry level set by the index. Stocks can be included by other criteria and hence this value can sometimes be positive even for stocks that are due to be added.

Price change needed to enter index – The change of the stocks share price required in order for the stock to be ranked within the guaranteed entry level set by the index. Stocks can be included by other criteria and hence this value can sometimes be positive even for stocks that are due to be added.

Shares needed to be bought/sold – The number of shares that would be required to be bought or sold if the rebalance effective date was today in order to accurately reflect the weightings of the members of the index.

Average daily volume of shares – The daily average volume that trades (based on a 3 month average)

Index rank – The position of the stock within the index as ranked by the index formula.

Last rebalance Weight – The percentage of the index that the stock made up at the previously announced index changes (previous rebalance announcement).

Weight if rebalanced today – The percentage of the index that the stock would make up if it was rebalanced today (based on yesterdays close price).

Weight after next rebalance effective date – The percentage of the index that the stock will make up as of the official rebalance announcement. This is useful to note after the announcement date and before the effective date.