The TIP TWSE Market Capitalization Top 500 Total Return Index (TIP Cap Top 500 Total Return Index) selects 500 stocks which possess top market capitalization according to the quarterly liquidity criteria. The index is a bellwether for the performance of the whole Taiwan stock market. Based on the backtesting of TIP Cap. Top 500 TR Index, it accounts for over 95% of market capitalization in the Taiwan stock market from 2014 to 2018. It facilitates asset allocation and hedging for index investing.
|Universe||Listed companies of Taiwan Stock Exchange|
|Weighting Method||Market Capitalization|
|Calculation Frequency||Every 5 sec|
|Number of Constituents||500|
|Annualized Standard Deviation|
The index performance is calculated through its total return index values; the price index values will be used in calculation only when there is no total return index.