Civilian Firearms Involvement (%)
For Stocks:
100% indicates companies that have an industry tie to the manufacture or retail of civilian firearms; and 0% indicates companies that do not have any ties to the mentioned products.
For ETFs/Mutual Funds:
The percentage of portfolio's market value exposed to companies that have an industry tie to the manufacture or retail of civilian firearms.
For Model Portfolios:
The percentage of portfolio's market value exposed to companies that have an industry tie to the manufacture or retail of civilian firearms. This is calculated by finding the weighted mean of the holdings' involvement % with the weights that have available data coverage. There's a 65% data coverage threshold requirement for the data point's calculation.
(Holding1 exposure % * Holding1 weight) + ... + (HoldingN exposure % * HoldingN weight) / (Holding1 weight + ... + HoldingN weight) = Portfolio Exposure %