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Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil
An unweighted index is comprised of securities with equal weight within the index. An equivalent dollar amount is invested in each of the index components. For an unweighted stock index, one stock’s performance will not have a dramatic effect on the performance of the index as a whole.