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 1,167 stocks in the U.S. and Canada.

Our Constituents

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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

1,167

Total Market Cap

$174B

Average Market Cap

$149M

Median Market Cap

$139M

Exchange Distribution

51.24%
NASDAQ
23.22%
NYSE/AMEX
13.97%
TSX
6.94%
TSXV
4.63%
OTC & Pink Sheets

Constituents by Sector

  1. As of rebalance date; 8/3/2020
  2. Final inclusion determination is affected by available information as per our calculation agent.
  3. Some additional criteria not shown
  4. As of 6/31/2020