Overview

Dow Jones RBP Indexes are an innovative family of quantitative strategy indexes based on rules-based analytics. Components are selected according to the likelihood they can deliver their Required Business Performance® (RBP®). The indexes are created using RBP® probability data supplied by Transparent Value LLC® (Transparent Value).

What is RBP®?
The RBP® Methodology

Leading/Lagging Series

These indexes seek to measure the performance stocks that may lead and lag their peers when ranked by RBP® probabilities.

  • Dow Jones RBP U.S. Large-Cap Leading 30 Index
  • Dow Jones RBP U.S. Large-Cap Growth Leading 30 Index
  • Dow Jones RBP U.S. Large-Cap Value Leading 30 Index
  • Dow Jones RBP U.S. Large-Cap Lagging 30 Index
  • Dow Jones RBP U.S. Large-Cap Growth Lagging 30 Index
  • Dow Jones RBP U.S. Large-Cap Value Lagging 30 Index

130/30 Series

The 130/30 indexes use RBP® probabilities to construct indexes of large capitalization securities that seek to reflect the performance of a typical 130/30 investment strategy, which shorts the bottom 30% of stocks in order to go long on the top 30% with the bottom and top ranked by RBP® probabilities.

  • Dow Jones RBP U.S. Large-Cap 130/30 Index
  • Dow Jones RBP U.S. Large-Cap Growth 130/30 Index
  • Dow Jones RBP U.S. Large-Cap Value 130/30 Index

Directional Series

The directional series indexes select and weight stocks based on their RBP® rankings. These indexes seek to measure the performance of stocks that may lead their peers when ranked by RBP® probabilities. To mitigate systemic and market volatility, beta and momentum filters are used to refine the selection universe. The "aggressive" indexes include stocks measured to have beta factors greater than one, and conversely the "defensive" indexes include stocks with beta factors less than one. The "market" indexes are made up of stocks with beta factors close to one.

  • Dow Jones RBP U.S. Large-Cap Aggressive Index
  • Dow Jones RBP U.S. Large-Cap Market Index
  • Dow Jones RBP U.S. Large-Cap Defensive Index
  • Dow Jones RBP U.S. Large-Cap 50 Aggressive Index
  • Dow Jones RBP U.S. Large-Cap 50 Market Index
  • Dow Jones RBP U.S. Large-Cap 50 Defensive Index
  • Dow Jones RBP U.S. Large-Cap 30 Aggressive Index
  • Dow Jones RBP U.S. Large-Cap 30 Market Index
  • Dow Jones RBP U.S. Large-Cap 30 Defensive Index

RBP Weighted Benchmarks

RBP weighted benchmarks screen and/or select stocks according to the methodology of the parent index. Component stocks are weighted within the index according to their RBP® probabilities. Currently available:

  • Dow Jones U.S. Large-Cap Total Stock Market Index (RBP Weighted)
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