The STOXX Artificial Intelligence suite currently consists of five indices and is used to capture the different aspects and development stages of the targeted theme.
This paper uses the AI theme to discuss thematic investing, and explore the identification of key subthemes and construction of thematic indices.
It also explains the STOXX Thematic Framework, which is based on the life cycle of a theme and provides valuable insights into the evolution and potential of investment themes.
The STOXX AI indices additionally target different growth stages of the AI theme and the key companies in each one, through three main tier groups: output-based, innovation-based and market share-based tiers.
Finally, the paper follows with an analysis of the different risk/return profiles, and industry and factor exposures, of the STOXX AI indices.