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riffrafftoday at 4:27 AM2 repliesview on HN

So they did tweak the rule for total market indexes, just not the "curated" ones.


Replies

willis936today at 10:37 AM

In the summary table of "proposed changes, current methodology, and result", the result column is "no change" for all rows. What rule tweak are you referring to?

Edit: Ah I see it now. Separate tables for S&P cap-based indices and their other indices.

chasd00today at 12:59 PM

it makes sense for a total market index as it's a "total market" index. Given the purpose of the SP500, it makes less sense but I still see the argument. Grift or not, morals or not, an index shouldn't care. An index shouldn't care any more than Excel should care about the morality of evaluating a formula. It just tracks what it is defined to track. Leave it to the individual index tracking funds to apply a philosophy to their investments.