Refinitiv Indices Explained

Refinitiv Indices is a line of indices and index services from Refinitiv:

Country & Region Indices

Refinitiv Country & Region Indices include 51 countries and 29 regions worldwide. The indicesare free-float market-capitalization weighted. Even though each index isavailable in price return and total return variants, dividend series are not provided by Refinitiv. The earliest of Refinitiv Country Indices start as late as April 1999.

The full list of Country & Region Indices include:

CountryMnemonicRICCurrencyTimespan
Argentina XARFLDL .TRXFLDARP Argentine Peso 1999-04-01
Australia XAUFLDL .TRXFLDAUP Australian Dollar 1999-04-01
Austria XATFLDL .TRXFLDATP Euro 1999-04-01
Bahrain XBHFLDL .TRXFLDBHP Bahraini Dinar 2004-01-01
51 Countries24 Regions
ArgentinaMalaysiaAfrica
AustraliaMexicoAPAC
AustriaMoroccoAPAC ex Japan
BahrainNetherlandsAPAC + Russia
BelgiumNew ZealandBIC
BrazilNorwayBRIC
CanadaOmanEAFE
ChileQatarEM APAC
ChinaPakistanEM Europe
Czech RepublicPhilippinesEurope
DenmarkPolandEurope ex UK, Ireland
EgyptPortugalGCC
FinlandRussiaG7
FranceSingaporeGlobal
GermanySouth AfricaGlobal EM
GreeceSpainGlobal ex US
Hong KongSwedenIberia
HungarySwitzerlandLatin America
IndiaTaiwanMENA
IndonesiaThailandNAFTA
IrelandTurkeyNorth America
IsraelUAEOIC
ItalyUKPerhipheral Eurozone Countries
JapanUSChina, Hong Kong, Taiwan
KoreaVietnam
Kuwait

Sector Indices

Refinitiv Sector Indices are defined using The Refinitiv Business Classification (TRBC). Available globally, by region or by country, Sector Indices are available at each of 10 Economic Sectors, 25 Business Sectors, 52 Industry Groups and 125 Industries. Top level global sector indices are as follows:

In total, Refinitiv provides 1000+ sector indices (Global, country or region).

Commodity Indices

The Refinitiv family of commodity indices represents specific subsets of commodities. Our commodity indices are among our most popular and most tracked indices, including the “Refinitiv/CoreCommodity CRB Index” and the “Refinitiv Equal Weight commodity Index”.

"Alpha-creating Indices"

Despite the fact that the term is an oxymoron, among Refinitiv’s products are something the company markets as "alpha-creating indices" and "optimal indices".

"Refinitiv Lipper Optimal Indices" include five, asset allocation-oriented "indices" that allegedly assess the trade-off between risk and return in diversified portfolios. The five "Target Risk Optimal Indices" are:

These "indices" are "optimized" and according to the marketing department at Refinitiv "build on modern portfolio theory to depict the best investment outcome for various levels of risk". "Optimal Target Risk Indices" are used singly or in conjunction with other indices as benchmarks for individual investor portfolios, performance benchmarks for target risk, or as the basis for wealth management.

Custom Indices & Index calculation services

Refinitiv also creates custom indices and provides calculation services for clients.

See also

External links