The Small Cap Index (SMLL B3) aims to be the indicator of the average performance of the prices of the assets in a portfolio composed of companies with smaller market capitalization. It consists of shares and units exclusively from companies listed on B3, excluding BDRs and assets of companies undergoing judicial or extrajudicial recovery, under special temporary administration, intervention, or assets traded under any other special listing situation.
The Small Cap Index (SMLL B3) is composed of shares selected based on liquidity criteria and weighted by the market value of the free float, thus reflecting the variations of the assets throughout its validity. The index was constructed to be used as a performance benchmark for the market, investors, and portfolio managers.
The Small Cap Futures Contract allows the market to trade future expectations of the stock market without the need to purchase the entire basket of stocks that make up the index and be exposed to the indicator's variation.