below is the actual ASX XJO and XAO listed entries and the numbers of stocks each represents.
below is unweighted performance of today from open to close
(compare these unweighted with the ASX weighted indices and there is almost always the expected difference)
it comes down to what you prefer to look at to gauge the markets real performance.
XJO
XAO
haven't got around to tidying up my spreadsheets completely, but you get the message. is daily data, open to close.
S&P index information can be found here
don't forget these are weighted calcs, and consituent lists change on a periodic basis.
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- snippets - 30/10/09
snippets - 30/10/09, page-38
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