![Cap-Weighted (Topix), Not Price (Nikkei), to Lead way in Japan](https://i0.wp.com/www.onlypricesmatter.com/wp-content/uploads/2015/02/2015-02-20-Topix-500-Topix-100-vs.-Nikkei-Daily.png?resize=150%2C150)
Cap-Weighted (Topix), Not Price (Nikkei), to Lead way in Japan
Moving forward, I believe various market-cap weighted Topix indexes will out-perform the price-weighted Nikkei. As such, in an ideal world we’d own the Topix. However, that brings with it complexities. For one, there is no liquid USD-denominated domestic product to express this…...