Products & Services
Clients can license existing or customized IFED indexes as the basis for investment products and services
Index values, portfolio components and IFED scores are made readily available to clients
EIA’s powerful platform can provide performance and risk analysis versus traditional benchmarks or actively managed portfolios
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
Starting Universe and Stock Scoring
Stocks listed on NYSE or Nasdaq with 3+ years of data
EIA’s proprietary monetary indicator classifies conditions as expansive, restrictive or indeterminate
12 firm-specific metrics determine IFED scores (i.e., ability to benefit from prevailing market conditions)*
Composition & Weighting
Index Rebalance Timing
Each stock is ranked by its IFED score
75 stocks with highest scores for prevailing conditions are selected
Selected stocks are weighted by IFED score
Customized IFED indexes integrate unique features
IFED indexes rebalance based on signaled shifts in Federal Reserve policy, rather than relying on rate levels or current economic conditions.
* 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
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:
IFED All-Cap US Equity Index™ (IFED-A)
IFED Large-Cap US Equity Index™ (IFED-LG)
IFED Large/Mid-Cap US Equity Index™ (IFED-LM)
IFED Mid-Cap US Equity Index™ (IFED-M)
IFED Small-Cap US Equity Index™ (IFED-S)
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.