The S-Network Sector Low Volatility Index (Ticker: SLOWX) is a portfolio of large capitalization stocks listed on US stock exchanges that have been screened for low daily price volatility. Key defining factors include:
The S&P 500 serves as the universe for the S-Network Sector Low Volatility Index, which comprises a total of 45 stocks. SLOWX’s constituents must be constituents of the S&P 500 Index, which comprises the 500 largest capitalization stocks listed in the United States and whose principal place of business is the US, as determined by Standard & Poor’s.
The S-Network Sector Low Volatility Index includes five stocks each from nine GICS sectors with the lowest trailing twelve-month daily volatility, assuring diversification across all sectors. The Telecom sector is combined with the Information Technology sector for selection purposes.
The S-Network Sector Low Volatility Index depends on a clearly defined rules-based methodology, which is overseen by an impartial Index Committee. No discretion is exercised in compiling the index and a pre-defined screening protocol assures a consistent, transparent and arms-length compilation process.