ELEMENTS Linked to SPECTRUM Large Cap U.S. Sector Momentum Index (EEH)
ELEMENTS Linked to SPECTRUM Large Cap U.S. Sector Momentum Index operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $32.45, up 0.49% on the session, giving a market capitalisation of $1.5M. Its beta of 0.84 implies it has historically moved less than the broad market.
This index measures the performance of a hypothetical portfolio, assembled from the ten distinct sector sub-indices that make up the S&P 500. The allocation of each sub-index within the portfolio is not fixed but rather dynamically adjusted. Sector components that exceed the returns of the broader S&P 500 Total Return Index will see their proportional weighting increased, while those that underperform this benchmark will have their allocation reduced.
ELEMENTS Linked to SPECTRUM Large Cap U.S. Sector Momentum Index is most often compared with the following Financial Services names: