| Bloomberg Barclays U.S. Aggregate Government/Credit Bond Index* |
An unmanaged index generally representative of dollar denominated U.S. Treasuries, government related and investment grade U.S. corporate securities that have a remaining maturity greater than one year. |
| Beta |
A measure of a stock's volatility in relation to the overall market. |
| Dividend Yield |
Expressed as a percentage, is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price. |
| Down-Market Capture Ratio |
A statistical measure of an investment manager's overall performance in down-markets. The ratio is calculated by dividing the manager's returns by the returns of the index during the down-market and multiplying that factor by 100. |
| Price/Book Ratio |
A financial ratio that compares a company's stock price to its book value per share. |
| Price/Earnings Ratio |
The price-to-earnings (P/E) ratio measures a company's current share price relative to its per-share earnings. |
| R-squared (R2) |
A statistical measure that represents the proportion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model. |
| Russell 1000® Index* |
The Russell 1000® Index, a subset of the Russell 3000® Index, represents the 1000 top companies by market capitalization in the United States. |
| Russell 2000® Index* |
An index measuring the performance of approximately 2,000 smallest-cap American companies in the Russell 3000® Index, which is made up of 3,000 of the largest U.S. stocks. |
| Russell 2000® Value Index* |
Refers to a composite of small cap companies located in the United States that also exhibit a value probability. |
| Russell 3000® Index* |
The Russell 3000® Index is a market-capitalization-weighted equity index maintained by FTSE Russell that provides exposure to the entire U.S. stock market. |
| Russell Microcap® Index* |
The Russell Microcap Index is a capitalization-weighted index of almost 1,550 small cap and micro cap stocks that captures the smallest 1,000 companies in the Russell 2000, plus 1,000 smaller U.S.-based listed stocks. |
| Sharpe Ratio |
Measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. It is defined as the difference between the returns of the investment and the risk-free return, divided by the standard deviation of the investment. |
| Standard Deviation |
In statistics, the standard deviation is a measure of the amount of variation or dispersion of a set of values. |
| Up-Market Capture Ratio |
The statistical measure of an investment manager's overall performance in up-markets. The ratio is calculated by dividing the manager's returns by the returns of the index during the up-market and multiplying that factor by 100. |
| VettaFi US Equity 3000 index |
The VettaFi US Equity 3000 Value Index represents large-, mid-, and small-capitalization US stocks that are constituents of SNR3000 and maintain certain characteristics associated with "value" stocks. |
| VettaFi US Equity Small Cap 2000 index |
The VettaFi US Benchmark Indexes are a family of benchmark indexes designed to provide accurate coverage to segments of publicly listed US stocks that together represent over 98% of the market capitalization of the US market. The VettaFi US Equity Small-Cap 2000 Index represents the 1001st through 3000th largest US stocks. |
| Weighted Average Market Capitilization |
Weighted average market cap (WAM) is a metric that measures the average market capitalization of a group of stocks, where each stock's weight is based on its market capitalization relative to the total market capitalization of the group. |
| Median Market Capitilization |
The median market cap is the midpoint of the market capitalizations of a group of stocks. |
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*indexes are not managed, one cannot invest directly in an index |
