Nasdaq IFED-L Produces a Positive YTD Return


Please click here to see the latest factsheet on the Nasdaq IFED US Large-Cap Index (Nasdaq IFED-L).


Nasdaq IFED-L exposes investors to those large cap U.S. equities best positioned to benefit from prevailing market conditions.


The Invest with the FedTM (IFED) index methodology uses a combination of Federal Reserve policy signals and key firm metrics to select a portfolio that is properly aligned with the market environment. The index applies a transparent and rules-based active strategy.


At the end of July 2022, Nasdaq IFED-L had produced a positive YTD return of 0.04%. In stark contrast, the return for the S&P 500 over this same period was -12.58%. Thus, Nasdaq IFED-L’s alpha over the period was 12.62%.


Since Nasdaq IFED-L was launched on June 9, 2020, it has delivered a total return of 54.23% vs 32.93% for the S&P 500, which equates to an alpha of 21.30%.


The average annual alpha over the full back-history of Nasdaq IFED-L (Jan 1, 1999 - Jul 31, 2022) is 7.58%. Over this period, Nasdaq IFED-L has beaten the S&P 500 86% of time in rolling 3-year returns (5-year = 98%), capturing 133% of market upside and 82% of the downside.