The Index

Overview

The LD Micro Index is designed to give the most accurate representation of the intraday activity of microcap stocks in North America. We employ a mixture of screening for inclusion and manual exclusion where deemed appropriate.

The index is market cap weighted and is comprised of 967 stocks in the U.S. and Canada.

Our Constituents

General criteria for inclusion is as follows1 2 3

  • Listed in the U.S. (NYSE/AMEX, Nasdaq, OTCM) or Canada (TSX, TSX Venture)
  • Market cap between $50 million and $300 million
  • Average daily traded value of $50,000 over preceding 3 months
  • Filed 10Q or 10K in the preceding calendar year

Select Data Points4

Active Constituents

967

Total Market Cap

$148B

Average Market Cap

$153M

Median Market Cap

$141M

Exchange Distribution

53.77%
NASDAQ
21.41%
NYSE/AMEX
14.99%
TSX
6.10%
TSXV
3.72%
OTC & Pink Sheets

Constituents by Sector

  1. As of rebalance date; 12/31/2019
  2. Final inclusion determination is affected by available information as per our calculation agent.
  3. Some additional criteria not shown
  4. As of 12/31/2019