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Old 14.05.2019, 12:32
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Swiss S&P 500

Hi,
I was wondering if there is an equivalent of S&P 500 index for the SIX stock exchange. Any hint is appreciated.
Thanks
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Old 14.05.2019, 12:49
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Re: Swiss S&P 500

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Hi,
I was wondering if there is an equivalent of S&P 500 index for the SIX stock exchange. Any hint is appreciated.
Thanks
The only problem is 3 stocks are about 65% of the index of 20 companies, so hardly any diversification.
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Old 14.05.2019, 12:52
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Re: Swiss S&P 500

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Hi,
I was wondering if there is an equivalent of S&P 500 index for the SIX stock exchange. Any hint is appreciated.
Thanks
A few "cream of the crops" potential candidates (although much smaller than 500, logically):
- UBS 100 - https://www.six-group.com/exchanges/...ubs100_en.html
- SLI - https://www.six-group.com/exchanges/...es/sli_en.html
- SMI - https://www.six-group.com/exchanges/...es/smi_en.html
- SPI 20 - https://www.six-group.com/exchanges/.../spi20_en.html
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Old 15.05.2019, 12:17
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Re: Swiss S&P 500

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The only problem is 3 stocks are about 65% of the index of 20 companies, so hardly any diversification.
It's more like 50-55% of the SMI foe the big three, though that doesn't help all that much with the issue. Which is why the SLI with its 10% cap per company may be the better choice.
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Old 15.05.2019, 13:26
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Re: Swiss S&P 500

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It's more like 50-55% of the SMI foe the big three, though that doesn't help all that much with the issue. Which is why the SLI with its 10% cap per company may be the better choice.
OK, I see a cap was introduced in 2017, only problem is you can not accurately back test the index as it's rules changed. I suspect past performance would have been less if the cap existed historically.
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Old 15.05.2019, 16:07
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Re: Swiss S&P 500

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OK, I see a cap was introduced in 2017, only problem is you can not accurately back test the index as it's rules changed.
Can you backtest using the Dow-30 (DJIA)? According to you that should be impossible as the index composition isn't rule-based.

You know the actual composition, plus a stock's cap where applicable, that's all you need.
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Old 15.05.2019, 17:37
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Re: Swiss S&P 500

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Can you backtest using the Dow-30 (DJIA)? According to you that should be impossible as the index composition isn't rule-based.

You know the actual composition, plus a stock's cap where applicable, that's all you need.
If IBM had not left the index & rejoined later I believe the index would be twice what it is today

Could you do the calculation since 1987 if it's really that easy?
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Old 16.05.2019, 08:58
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Re: Swiss S&P 500

The opposite of "impossible" isn't "easy". Logic really isn't your forte.
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Old 16.05.2019, 09:10
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Re: Swiss S&P 500

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The opposite of "impossible" isn't "easy". Logic really isn't your forte.
Helpful as always, I will take that as a no then
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Old 16.05.2019, 09:57
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Re: Swiss S&P 500

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Helpful as always, I will take that as a no then
don't =/= can't

You're utterly illogic again.
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Old 16.05.2019, 10:41
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Re: Swiss S&P 500

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don't =/= can't

You're utterly illogic again.
So other than you calling me out, you have not helped ask the question. I assumed you were trying to help, which probably makes me the bigger fool here.
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Old 16.05.2019, 10:49
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Re: Swiss S&P 500

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So other than you calling me out, you have not helped ask the question. I assumed you were trying to help, which probably makes me the bigger fool here.
Keep asking rhetorical questions.
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