S&P Japan Beta-Neutral Economic Cycle Factor Rotator Index (JPY) seeks to rotate across three distinct strategies based on the most recent economic data from the Tankan and ESRI Indexes of Business Conditions in conjunction. The sub-index for the targeted strategy is constructed by taking on a long position in the target equity factor index and a short position in the S&P Japan 500 to achieve beta neutrality.
Top 10 Constituents by Index WeightExport
*Based on GICS sectors
The weightings for each sector of the index are rounded to the nearest tenth of a percent, therefore, the aggregate weights for the index may not equal to 100%.
*Based on GICS Sectors