The benchmark uses cyclically adjusted earnings metrics and momentum inputs to target value opportunities across small and mid-cap sectors.

Barclays has expanded its Shiller Barclays CAPE index suite with the launch of the Shiller Barclays CAPE US SMID Sector Index. The index evaluates a defined set of US SMID sectors  The index is designed to provide systematic exposure to US small-mid capitalisation (SMID) equity sectors using the cyclically adjusted price earnings (CAPE) methodology developed by Robert Shiller, an American economist, academic and author, targeting long-term value opportunities across market cycles. It in