Products & Services
Index Licensing
Clients can license existing or customized IFED indexes as the basis for investment products and services
Index Data
Index values, portfolio components and IFED scores are made readily available to clients
Portfolio Analytics
EIA’s powerful platform can provide performance and risk analysis versus traditional benchmarks or actively managed portfolios
Index Consulting
EIA’s team of experts can create customized IFED indexes and portfolio solutions to suit any client’s needs
Investment Advisory Services
EIA provides investment advisory services through its affiliate, EIA Investments
IFED Methodology
Starting Universe and Stock Scoring
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Stocks listed on NYSE or Nasdaq with 3+ years of data
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EIA’s proprietary monetary indicator classifies conditions as expansive, restrictive or indeterminate
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12 firm-specific metrics determine IFED scores (i.e., ability to benefit from prevailing market conditions)*
Composition & Weighting
Index Rebalance Timing
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Each stock is ranked by its IFED score
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75 stocks with highest scores for prevailing conditions are selected
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Selected stocks are weighted by IFED score
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Customized IFED indexes integrate unique features
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IFED indexes rebalance based on signaled shifts in Federal Reserve policy, rather than relying on rate levels or current economic conditions.
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See below….
* 1) Market Capitalization; 2) Long-term Stock Performance; 3) Short-term Stock Performance; 4) Relative Value; 5) Dividend Yield; 6) Cash Ratio; 7) Residual Variability; 8) Change in Net Operating Assets; 9) Balance Sheet Bloat; 10) Equity Issuance; 11) Debt Ratio; 12) Gross Profit Margin
IFED Indexes
EIA’s initial index offering is the Nasdaq IFED US Large-Cap Index (Nasdaq IFED-L), which was launched on June 9, 2020.
To illustrate the efficacy and broad application of the IFED methodology for the consideration of prospective licensees, EIA maintains the following prototype indexes:
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IFED All-Cap US Equity Index™ (IFED-A)
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IFED Large-Cap US Equity Index™ (IFED-LG)
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IFED Large/Mid-Cap US Equity Index™ (IFED-LM)
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IFED Mid-Cap US Equity Index™ (IFED-M)
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IFED Small-Cap US Equity Index™ (IFED-S)
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IFED Low Volatility US Equity Index™ (IFED-LV)
Nasdaq IFED US Large-Cap Index (Nasdaq IFED-L)
EIA's initial product offering is the Nasdaq IFED US Large-Cap Index™ (Nasdaq IFED-L)
Nasdaq IFED-L maximizes exposure to those large cap U.S. equities best positioned to benefit from prevailing monetary conditions. The index uses a combination of Federal Reserve policy developments and key firm metrics to select stocks via a transparent and rules-based active strategy.
Nasdaq IFED-L is tilted towards securities with favorable liquidity characteristics. In addition, the index places constraints on sector and individual stock weights.
View Our Presentation:
Alpha Capture - Capitalizing on Fed Policy (July 15, 2022)
