The indices can be divided into two types:
Benchmark Indices – relatively simple indices that reflect the yield of a particular market or industry.
Tracking Indices - indices with an advanced management and updating methodology that enables financial products, such as ETFs, to mimic the performance of the index fairly accurately. Most of the TASE indices are tracking indices, and TASE has invested considerable effort in improving their quality.
Additional details about TASE indices >
TASE Indices calculation method
Most of the TASE indices are comprehensive yield indices. The dividend yield of the shares included in the index is reflected in the index yield. There is no special calculation for TASE indices when a share distributes dividends, but the indices are total yield indices as a result of the method of calculating ex-dividend prices on TASE.
