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Whitepapers — August 6, 2021

Tech-oriented Thematic Indices through a Factor Lens

An analysis of the STOXX® Global Artificial Intelligence, STOXX® Global Automation & Robotics, STOXX® Global Digital Security, and STOXX® Global Fintech Indices

This study analyzed four tech-oriented thematic indices intended to capture overarching themes that, given the rapid evolution in technology, are likely to continue to be, or to become, megatrends:

More precisely, we analyzed these indices’ performance and risk through a factor lens leveraging Axioma’s Worldwide Fundamental Factor Model, and also compared their characteristics to the broad market STOXX® Global 3000 (“Global 3000”) and the STOXX® Global 3000 Technology (“Global Technology”) indices.