FTB-C000266 / Formula component

Contribution Share

Contribution Share is the selected contributors' absolute contribution divided by total absolute constituent contribution.

Also known astop-N contribution share

Definitions

In plain terms

It places contribution concentration on a zero-to-one scale while avoiding cancellation between positive and negative contributors.

Technical

The method freezes selected set, signed-to-absolute transformation, denominator scope, residual treatment, and zero-denominator policy.

Scope

It does not equal a weight share and does not preserve the sign of the index return.

Formula

Contribution share = sum_selected(abs(C_i)) / sum_all(abs(C_i))
LaTeX: CS=\frac{\sum_{i\in S}|C_i|}{\sum_i|C_i|}
SymbolMeaningUnit
C_iconstituent return contributionreturn
Sselected contributor setconstituents

Output unit: ratio

Examples

  • A Fintech Builder lesson can compute or identify Contribution Share only after declaring its inputs, timing, and edge-case rules.

Common misconceptions

  • It does not equal a weight share and does not preserve the sign of the index return.

Concept relationships

Where this concept is used

Evidence and governance

  1. S&P Dow Jones Indices Index Mathematics Methodology S&P Dow Jones Indices · first party methodology

    Supports: preferred label, short definition, technical definition, formula

    Limits: Authoritative for the provider's indices; conventions are not universal defaults for every index or security-level return series.

Reviewed by
fintech-builder-batch-005
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
evidence reviewed

This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.