VNG-EDGE

Venoble Nigeria Edge Equity Index

A rules-based multi-factor equity index for Nigeria. Selects the cheapest quartile of liquid, well-governed stocks using P/E, P/B, earnings yield, and price-to-sales, then equal-weights them. This is a price return index; dividends are not reinvested.

Level

15,708.04

YTD

+11.90%

1Y Return

+64.20%

Annualized

+86.56%

Since Inception

+1470.80%

Live: +2.24%

As of 2026-06-17

Methodology v2.0 · Primary index

Back-tested data prior to 2026-04-08. Live data from 2026-04-08.

Performance

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Monthly Returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	YTD
2017	5.6	-6.5	-7.0	5.9	15.4	12.2	0.6	2.0	-0.9	12.9	3.8	5.4	58.2
2018	30.1	-10.5	0.1	2.1	-11.1	4.4	-9.7	-4.7	-6.2	-1.9	-6.6	6.9	-12.5
2019	-0.2	9.8	-6.4	-3.8	-6.6	-1.9	-3.8	1.4	6.3	-9.4	13.2	2.9	-1.1
2020	5.2	-6.8	-20.4	8.8	13.2	-9.4	2.7	-1.0	9.4	20.6	9.2	0.3	27.9
2021	14.4	-9.1	-1.2	2.3	1.1	-2.8	15.4	-1.6	25.2	8.9	-7.2	-4.7	41.1
2022	10.7	8.0	17.7	20.1	-2.9	-2.7	-6.8	5.5	-0.8	-1.6	-0.8	4.6	59.0
2023	7.2	1.9	-3.0	9.6	13.6	19.0	12.0	0.0	3.0	7.3	3.6	11.8	125.1
2024	23.3	-16.3	10.4	-15.3	0.7	6.3	-0.7	9.3	1.4	17.0	-3.0	19.5	54.2
2025	10.7	8.0	-1.1	10.7	17.2	15.1	24.8	10.8	-3.9	0.0	-9.3	8.2	130.1
2026	12.5	13.0	-4.6	1.5	3.0	-0.7							25.9

Past performance is not indicative of future results. Index returns are for illustrative purposes and do not represent actual investment returns. The index is not investable and does not reflect transaction costs, taxes, or management fees.

Index Profile

Inception2022-01-03

Base Date2022-01-03

Base Value1,000

CurrencyNGN

FrequencyDaily

Asset ClassEquity

ComponentsNGX Equities (Value-Screened)

Methodology2.0

Downloads

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