Dow Jones CDX Indexes
A series of indices that track North American and emerging market credit derivative indexes. The purpose of the combined indexes is to track the performance of the various segments of credit derivatives so that the overall return can be benchmarked against funds that invest in similar products.

Investopedia Says:
This family of indices comprises a basket of credit derivatives that are representative of certain segments such as North American investment grade credit derivatives, high volatility, high yield, high yield non-investment grade, as well as emerging markets.

Related Terms:
Benchmark
Credit Derivative
Debt Security
Dow Jones Industrial Average - DJIA
Emerging Market Economy
Emerging Market Fund
Index

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