2024-02-01 02:42:07 ET
Summary
- S&P Global offers a Buyback Index that has outperformed the S&P 500 by 337 basis points since 1995.
- There are currently no ETFs that accurately track the S&P 500 Buyback Index, leaving investors with limited options.
- A basic screen of large-cap US stocks with certain criteria has shown promising returns compared to the S&P 500.
Introduction
While I was exploring the different indexes that S&P Global offers, I did come across one that is a subset of the S&P 500 index that I feel is the best in class. It is the S&P 500 Buyback Index . For those who do not know, a buyback is, “…when a company buys its own outstanding shares to reduce the number of shares available on the open market.”...
Read the full article on Seeking Alpha
For further details see:
This Index Deserves An ETF