Which of the following stock index is NOT value weighted?
A) Dow Jones industrial Average (DJIA).
B) S&P 500 Index.
C) S&P/TSX 60 Index.
D) NYSE Composite Index.

Question

Quizplus · Accepted Answer

The Dow Jones Industrial Average (DJIA) is NOT value weighted. Instead, it is a price-weighted index, which means that stocks with higher prices have a greater weight in the index. The other options (B, C, and D) are all value-weighted indexes, where stocks with higher market capitalizations have a greater weight in the index.

Which of the Following Stock Index Is NOT Value Weighted