WINANS LEGACY STOCK INDEX (SYMBOL: WILSI)
Developed in 2013, the Winans Legacy Stock Index (WILSI) is an unweighted composite of 225 senior common stocks from diverse industry sectors that have historically led the U.S. economy. Most of the companies have been in continuous operation since 1897 and been continuously traded on the New York Stock Exchange (NYSE) since 1970.
Since the WILSI’s underlying components remain unchanged over a 40-year timeframe, there is a baseline to compare today’s financial conditions to past stock market cycles using the exact same securities. The WILSI provides an alternative means to evaluate stock market activity (past and present), eliminating many of the statistical flaws inherent in conventional stock market indices (i.e., S&P 500 Index & Dow Jones Industrial Average) due to their frequent changes in underlying components and data weighting methods.