With an increase of 17.9% in 2006, the NYA continues to outperform the Dow Industrials, Nasdaq Composite, and the S&P 500.
Background:
The NYA is designed to measure the performance of all common stocks, ADRs, REITs and tracking stocks listed on the NYSE. Reintroduced in 2003 with a new methodology and recalculated base value of 5,000, the NYA outperformed all major indexes in 2004, 2005 and 2006 while showing the lowest volatility in broad based indexes.