The CRBQX and its related sub-indices are designed to serve as fair, impartial and transparent benchmarks for the performance of the global commodities industry. The indices embrace most of the industry’s global market capitalization and have been structured to facilitate transactional efficiency. Key defining factors include:
Global. The CRBQX is global in its global reach and includes companies from 32 countries around the world. As a result, the index reflects the different factors driving the ongoing development of the industry, including economic growth in key BRIC and emerging markets.
Breadth of Coverage. The CRBQX seeks to provide comprehensive coverage of one of the world’s largest industrial sectors – a sector representing approximately 15% of the global economy and a comparable 15% of global market capitalization.
Sector Coverage. The CRBQX is a production-weighted index that includes companies engaged in four main commodity sectors: agriculture, energy, base/industrial metals and precious metals. All companies included in the index must derive at least 50% of their annual revenues from their index-eligible activities. These companies provide the feedstock for global economic expansion and are offered as stand-alone sector indexes.
Rules-Based. The CRBQX is compiled based upon a clearly defined rules-based methodology, which is overseen by an Index Committee. Little discretion is exercised in compiling the Index and a pre-defined screening protocol assures a consistent, transparent and arms-length compilation process.
Data-Rich. The CRBQX is supported by extensive data, including the wide dissemination of real time prices, a 10-year back tested history data and important information about constituent stocks.
Index values are disseminated via the Consolidated Tape Association (Tape B) using the following ticker: CRBQX