The Dow Jones BRIC 50 Index contains stocks of 50 super-liquidity, super-big companies in “BRIC”-land (Brazil, Russia, India, and China). It’s a market capitalization-weighted stock, which means size matters (and not just price...stay focused here). It’s also weighted to make sure its balance doesn't get too out of whack. For instance, no single stock can represent more than 10% of the index...because that’d be uncool, and wouldn't make for a very good index.
The Dow Jones BRIC 50 Index is one family member of the Dow Jones Global Indexes, which each region having its own index rep. This index even has child-indexes: The Dow Jones BRIC Brazil 15 Index, the Dow Jones BRIC China 15 Index, the Dow Jones BRIC China 15 Capped Index, the Dow Jones BRIC India 15 Index, the Dow Jones BRIC India 15 Capped Index, and the Dow Jones BRIC Russia 5 Index. Not all stocks from all of those indexes are included in the Dow Jones BRIC 50 Index—only ones in the top 10 of each of those are considered to make the cut.
Yep...it’s a competitive world out there.
Related or Semi-related Video
Finance: What is the Wilshire 5000?9 Views
finance a la shmoop what is the Wilshire 5000 well it's an index as in index fund
ticker W 5000 well the Wilshire 5000 had the top 5,000 most highly valued US [List of all the stocks in the Wilshire 5000]
stocks in it when it launched you know by the late 90s the index had added
another about 25 hundred names but it didn't change its name to Wilshire 7500 [Wilshire 7500 is crossed out and changed back to 5000]
and it changed names as companies split and spun off and as the internet IPO [Companies dividing into two]
boom forced a whole load of adds to the index there well then guess what a whole [Stocks flooding into the Wilshire 5000]
bunch of bankruptcies in the dot-com era came along you know along with mergers
and other financial dietary restrictions and they caused the size of the index to
fall to the you know 3,700 names zone where it sits today the Wilshire 5000 [Number of names in the index shrinking]
and yeah we don't know why then I'll just rename it the Wilshire 3,700 ish [Guy changing the sign as 3700ish appears and replaces the 5000]
either well its distinguished from say the S&P 500 in that it covers a much [The S&P 500 is moved away]
broader range of securities from mega cap companies like Apple all the way
down to companies with just a few hundred million bucks in market cap so [Examples of the smaller cap companies are highlighted]
when investors want to think about all stocks or at least the broadest swath of
them they think Wilshire and then a number but they think Wilshire anyway
and well we could give you roughly thirty seven hundred reasons why [Lady Gaga on stage]
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