fied capitalization scheme, whereby the influence of the largest index constituents is
capped at 10% at the quarterly reconstitution event. The IPOX-100 and IPOX-30
Indices typically include the largest, most liquid, and best performing IPOs in the
IPOX Composite Index. Unlike the IPOX Composite Index, the IPOX-100 and
IPOX-30 are reconstituted quarterly to reflect changes in stock market values of
IPOX Composite Index Constituents and IPO activity during the previous quarter.
With their fixed numbers of constituent stocks, the IPOX-100 and IPOX-30 Indices
currently pool around $400bn and $290bn worth of US stock market capitalization
respectively
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month, and much more.