This index aims to offer notional long exposure to four premier U.S. equity sectors. These sectors are specifically chosen for being relatively undervalued while simultaneously demonstrating strong price momentum. Its selection process involves utilizing the CAPE (Cyclically Adjusted Price Earnings) ratio monthly to rigorously evaluate the market valuations of nine distinct sectors represented within the S&P 500, ultimately identifying those deemed comparatively inexpensive.

Barclays ETN+ Shiller Capet ETN

The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.

CAPD Holdings & Sector Breakdown