To date, Sabrient has launched six stock indexes using its quantitative methodology. We have granted to Claymore Advisors the rights to license the indexes for the creation of exchange-traded funds (ETFs) that will track each index.
U.S. Indexes
The U.S. indexes are weighted indexes selected from a broad universe of U.S.-traded stocks and ADRs.
Sabrient Stealth Index
The Sabrient Stealth Index (AMEX: SBRST) comprises 150 publicly-traded companies that have little or no analyst coverage, which positions them to benefit from the academically observed "neglected stock effect."
This index is tracked by the Claymore/Sabrient Stealth ETF (AMEX: STH).
Sabrient Insider Sentiment Index
The Sabrient Insider Sentiment Index (AMEX: SBRIN) identifies 100 stocks that reflect favorable corporate insider buying trends and recent earnings estimate increases by Wall Street analysts.
This index is tracked by the Claymore/Sabrient Insider ETF (AMEX: NFO).
Sabrient Defensive Equity Index
The Sabrient Defensive Equity Index (AMEX: SBRDE) comprises approximately 100 stocks that have potentially superior risk-return profiles during periods of stock market weakness, but still offer the potential for gains during periods of market strength.
This index is tracked by the Claymore/Sabrient Defensive Equity ETF (AMEX: DEF).
Canadian Indexes
Sabrient's three global indexes comprise a mixture of exchange-traded funds (ETFs) trading on the Toronto Stock Exchange (TSX). They include the:Sabrient Global Balanced Index (AMEX: SBRGBL)
Sabrient Balanced Growth Index (AMEX: SBRGBG)
Sabrient Balanced Income Index (AMEX: SBRGBI)
The latter two are tracked by ETFs created by Claymore Investments, Inc., a wholly-owned Canadian subsidiary of Claymore Group Inc.
Each index is made up of 10 to 20 (or more) ETFs, based on investment and other criteria, from a defined set of existing ETFs. More details here.
