A financial index produces a numeric score based on inputs such as a variety of asset prices. It can be used to track the performance of a group of assets in a standardized way. Indexes typically measure the performance of a basket of securities intended to replicate a certain area of the market.

Indexes in financial markets are often used as benchmarks to evaluate an investment's performance against.

Benchmarking your investment strategy against the appropriate index is key to understanding your portfolio's performance.

Users on Canopy have the option to filter and select the following 4 prefixed Indices on the performance graphs for comparison against the respective portfolio/s,

1. World Equity

   • VT_US (Vanguard Total World Stock Index Fund)

2. US Equity

   • SPY_US (SPDR S&P 500 ETF Trust)

3. US Bonds

   • BND_TR (Vanguard Total Bond Market Index Fund)

4. 60/40

   • VSMGX_US (Vanguard LifeStrategy Mod Gr Inv Shrs)