FTB-C000210 / Financial concept

Index of Indices

An index of indices uses other index series as its underlying components under a declared allocation methodology.

Also known asindex-of-indexescomposite index of indices

Definitions

In plain terms

It can combine equity, bond, commodity, or strategy indices rather than selecting individual securities directly.

Technical

The methodology requires underlying index identities and variants, currencies, calendars, weights, rebalancing, stale and missing levels, fees, licensing, corporate-action delegation, and overlap policy.

Scope

Combining indices can create overlapping exposures and does not remove underlying methodology dependencies.

Examples

  • A governed methodology records index of indices with its source, cutoff, units, parameters, and effective version.

Common misconceptions

  • Index of Indices does not have one universal implementation without the declared methodology, data basis, and constraints.

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

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

  2. Fintech Builder Glossary Definition Contract The Fintech Builder · internal governed contract

    Supports: variant distinction

    Limits: Defines governed platform behavior rather than claiming these policies are universally prescribed by external McClellan methodology.

Reviewed by
fintech-builder-batch-004
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
evidence reviewed

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