Index Performance
Overview
Description
LONGDJIA is an index created by Daly Capital Management consisting of 19 of the 30 stocks in the Dow Jones Industrial Average that Daly Capital Management believes are trading below their fair value. The index will be best compared to the DJIA, and the SPDR Dow Jones Industrial Average ETF (DIA) was chosen as its benchmark. Inclusion into this index requires the following -A equity to be in the Dow Jones Industrial Average Fair value has been and will be determined using discretion, but heavily weighting price/FCF, price/earnings, dividend yield, and PEG, relative to each equities sector average. The index will, like the DJIA, be price weighted, but exclude the 11 stocks Daly Capital Management believes have exceeded a fair valuation, thus providing investors a higher average return. The index will be actively monitored after it's launch on 1/21/2025, it's inception date.
- TickerLONGDJIA
- Inception Date01/20/2025