Asset Class: Large Cap
SPA MarketGrader Large Cap 100 (SZG) ETF Snapshot
The SPA MarketGrader Large Cap ETF aims to replicate the 100 stock index issued by MarketGrader. The MarketGrader Large Cap (MG Large Cap) Index is a unique rules-based, quantitatively driven index, which selects a basket of 100 stocks, from a universe of around 5,700 US listed equities, based on a company’s fundamental attractiveness, combined with sensible diversification in terms of sector distribution and market capitalisation. The MarketGrader system scores each company according to a number of company specific fundamental factors such as Growth, Value, Profitability and Cash Flow. Each of these categories, in turn, is composed of six unique indicators, giving a total of 24 fundamental indicators.
