Equal-Weighted Total Return Index

[Thomas]

Hi,

I use the following script to calculate an Equal-Weighted Price Return Index for the growth sector indices.

// Calculating the Equal-Weighted Index of Growth Sector Indices POWER(POWER=0.3333, SP500-45:SPI * SP500-25:SPI * SP500-50:SPI)

1 2 3 4

// Calculating the Equal-Weighted Index of Growth Sector Indices POWER(POWER=0.3333, SP500-45:SPI * SP500-25:SPI * SP500-50:SPI)

Is it possible to calculate an Equal-Weighted Total Return Index of the growth sector indices?

Best wishes,
Thomas

[Darren]

Hi Thomas,

Total Returns data is different for indices – they are are calculated separately by S&P and have ‘TR’ added to their symbols. Using SP500-45TR, -25TR, and -50TR in your formula should work.

[Thomas]

Thanks, Darren, and nice to have you back.

[Author]

Posts