Nancy Pelosi Index

How these Indices Work

These indices track the publicly disclosed stock trades of members of Congress. These aren't exact copies of politicians' actual holdings. Congressional disclosures only show approximate trade sizes (like "$50,000-$100,000") and can be filed up to 45 days late. We use a scoring system to create trackable indices based on their trading signals.

How We Build Each Index:

1. Bigger trades count more — Each purchase gets a score based on its size (1-10 points)
2. Recent trades matter more — Scores decay 10% per quarter, so older trades count less
3. Sales reset everything — When a politician sells a stock, that stock's score goes to zero
4. Top 10 become the index — We rank all stocks by score and select the top 10, weighted by their scores

Updates:

Indices rebalance within two trading days after new disclosures are filed, and at the end of each month.

What's Included:

Only stocks that can be fractionally traded through Apex Clearing. Options are converted to stock positions based on whether they're bullish (buys) or bearish (sells).