Barclays ETN+ Shiller Capet ETN (CAPD)

AMEX Financial Services Asset Management

This index aims to offer notional long exposure to four premier U.S. equity sectors. These sectors are specifically chosen for being relatively undervalued while simultaneously demonstrating strong price momentum. Its selection process involves utilizing the CAPE (Cyclically Adjusted Price Earnings) ratio monthly to rigorously evaluate the market valuations of nine distinct sectors represented within the S&P 500, ultimately identifying those deemed comparatively inexpensive.