The S-Network Durable Dividend Indexes are designed to serve as fair, impartial and transparent measures of the performance of equities with above average dividend yields. There are currently three indexes in the S-Network Durable Dividend Index family:
The S-Network Durable Dividend Indexes embody certain key characteristics that distinguish them from other indexes that attempt to provide exposure to stocks with high dividend yields, including the following:
The S-Network US Large/Mid-Cap 1000 Index (SN1000) and Large-Cap REITs serve as the universe for SNDDX. The S-Network US Mid-Cap 500 Index (SNM500) and Mid-Cap REITs serve as the universe for SNDDMX. The S-Network Developed International (ex-US) 1000 Index (SND1000) and Developed Large-Cap REITs serve as the universe for SNDDIX.
The S-Network Durable Dividend Indexes weight all stocks equally, and are constituted to approximate the sector weights in the benchmarks that define their universes. This methodology avoids momentum bias and domination by mega-cap stocks, while maintaining high correlation to the relevant benchmarks.