Blue Chip Index

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Blue Chip Index

An index that predominately or exclusively tracks stocks in well-known and highly respected publicly-traded companies. Blue chip indices track companies that are usually financially sound and are thought to be relatively low-risk investments. These indices tend to be less volatile and are used sometimes as indicators of wider economic performance. A prominent example of a blue chip index is the Dow Jones Industrial Average.
References in periodicals archive ?
Still, unlike the blue-chip indexes, gauges of smaller stocks have lost ground, on balance, so far this year.
Analysts generally like the concept of index funds but warn small investors that blue-chip indexes such as those based on the S&P 500 may not continue to do well.
It will also include blue-chip indexes for Europe and the EMU; it is planned to license these blue-chip indexes for exchange-traded derivative contracts later in 1998.