IPOX® 30 U.S. Index (IPXT)
The IPOX® 30 U.S. Index is an applied market cap-weighted index portfolio measuring the performance of the top 30 companies ranked quarterly by market cap in the IPOX® U.S. Composite Index, subject to defined liquidity and exposure criteria. The IPOX® 30 U.S. Index has historically captured ca. 50% total market cap created through New Listings activity in the U.S. over the past four years, respectively.
As of January 31, 2019, portfolio holdings include a broad mix of firms representing recent U.S. Equity Capital Markets (ECM) trends ranging from payment processor PayPal (PYPL US) to U.S. french fries producer and distributor Lamb Weston (LW US) to application software maker Okta (OKTA US) and computer hardware provider CDW (CDW US).