In 2005, the NYA outperformed all major U.S. indexes for the second consecutive year. At their respective highs for 2005, the NYA increased of 7.0%, the DJIA by 0.9%, and the S&P 500 and Nasdaq Composite by 5.0% and 3.5% respectively.
Background: The NYA is designed to measure the performance of all common stocks, ADRs, REITs and tracking stocks listed on the NYSE. Reintroduced in 2003 with a new methodology and recalculated base value of 5,000, the NYA outperformed all major indexes in 2004 and 2005 while showing the lowest volatility. Representing much of the NYSE’s $22.5 trillion market capitalization, the NYA is also available as an exchange-traded fund sponsored by Barclays Global Investors (BGI). Introduced in 2004, the iShares NYSE Composite Index ETF (NYSE: NYC) was created to offer investors instant access to the quality and diversity of the NYSE list in a single trade.Click here for more information on the NYA. |