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The Barron’s 400 Index is an equal-weighted stock market index that tracks the performance of certain public companies in the United States, based on the strength of financial characteristics related to growth, market value, profitability and cash flow. The Barron’s 400 has tended to outperform certain other major indexes at least since 2000 through the first half of 2013.〔Barron's Online Barron's 400 Performance Page http://online.barrons.com/public/page/barrons_400.html MarketWatch Chart B400 vs. S&P500: http://www.marketwatch.com/investing/index/B400/charts?symb=B400&countrycode=US&time=100&startdate=1%2F1%2F2000&enddate=7%2F5%2F2013&freq=1&compidx=SP500&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013 MarketWatch Chart B400 vs. DJIA: http://www.marketwatch.com/investing/index/B400/charts?symb=B400&countrycode=US&time=100&startdate=1%2F1%2F2000&enddate=7%2F5%2F2013&freq=1&compidx=DJIA&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013 MarketWatch Chart: B400 vs. NASDAQ: http://www.marketwatch.com/investing/index/B400/charts?symb=B400&countrycode=US&time=100&startdate=1%2F1%2F2000&enddate=7%2F5%2F2013&freq=1&compidx=NASDAQ&compind=none&comptemptext=Enter+Symbol%28s%29&comp=none&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=2&style=1013 Morningstar, Feb. 18, 2013 http://socialize.morningstar.com/NewSocialize/ViewPost.aspx?apptype=0&PostID=3384281〕 The Barron's 400 employs a consistent “growth-at-a-reasonable price” (GARP) selection strategy. The index differs from some other major indexes in that it is equal-weighted, unlike the Dow Jones US Total Stock Market Index, the NASDAQ Composite and the Standard & Poor’s 500 (S&P 500), which arecapitalization-weighted. In that respect it also differs from the Dow Jones Industrial Average, which is calculated as the average of the share prices of the underlying components. The Barron’s 400 (also known as the B400) is compiled, maintained and updated by MarketGrader.com Corp., a stock research firm headquartered in Coral Gables, FL.〔Crunchbase http://www.crunchbase.com/company/marketgrader-com〕 MarketGrader developed the Barron’s 400 in consultation with editors at Barron’s, a financial news magazine.〔Barron's Focus on Funds, June 4, 2013 http://blogs.barrons.com/focusonfunds/2013/06/04/the-barrons-400-etf-launches/〕〔SEC Filing, Form N-1A, Index Description, Pgs. 6-7, Feb. 8, 2013 http://www.sec.gov/Archives/edgar/data/1414040/000119312513045443/d484634d485apos.htm#toc484634_12〕 The two companies continue to maintain an ongoing partnership for the index. The index is calculated by NYSE/Euronext.〔NYSE/Euronext http://www.nyse.com/about/listed/bfor.html〕 == History == The B400 was first calculated on June 25, 2007. Its estimated back-tested history availability dates to December 31, 1997, which is also the index’s base value date.〔Dow Jones' Barron's 400 Fact Sheet http://averages.dowjones.com/mdsidx/downloads/fact_info/Barron's_400_Fact_Sheet.pdf〕 The index was first published in Barron’s on September 3, 2007, and was the subject of the magazine’s cover story on that date.〔Barron's Cover Story, Sept. 3, 2007 http://online.barrons.com/article/SB118860238120515168.html〕 The B400 hit an all-time closing high of 451.40 on July 22, 2013 during an extended broader bull market that commenced in March, 2009.〔Wall Street Journal B400 Quote, July 22, 2013 http://quotes.wsj.com/index/B400?mod=DNH_S?mod=DNH_S_cq〕 The B400’s peak annual return through 2012, excluding its back-tested history, came in 2009, when the index gained 39.1%. The B400’s worst annual performance through 2012 came in 2008, when it sank 40.0% during a general broad market meltdown provoked by the collapse of the U.S. real estate market that spread to the wider economy. As of July 5, 2013, the B400 had a cumulative 10-year price-only return (excluding dividends) of 153.0%, compared to a Dow Jones Industrial Average (DJIA) cumulative return of 62.6%, an S&P 500 return of 60.8%, a NASDAQ return of 100.1% and the Dow Jones Total Stock Market (DJUSTSM) return of 75.2%.for the same time period. As of July 5, 2013, the B400 had a 10-year annualized return of 9.9%, compared to a DJIA annualized return of 5.2%, an S&P500 return of 5.1%, a NASDAQ return of 7.5% and a DJUSTSM return of 6.0% for the same time period. An updated chart of the B400 has appeared in The Trader section of Barron’s magazine since the index's inception. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Barron's 400 Index」の詳細全文を読む スポンサード リンク
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