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| NYSE Arca Airline Index |
| The NYSE Arca Airline Index (XAL) is an equal-dollar weighted index designed to measure the performance of highly capitalized companies in the airline industry. The XAL Index tracks the price performance of major U.S. and overseas airlines. The XAL Index was established with a benchmark value of 200.00 on October 21, 1994. The XAL Index is rebalanced quarterly based on closing prices on the third Friday in January, April, July & October to ensure that each component stock continues to represent approximately equal weight in the index.
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