IPOX® International Index (IPXI)
The IPOX® International Index is an applied market cap-weighted index portfolio measuring the performance of the top 50 companies domiciled outside the United States ranked quarterly by market cap in the IPOX® Global Composite Index, subject to defined liquidity and exposure criteria. The IPOX® International Index has historically captured ca. 60% of total market cap created through non-U.S. domiciled New Listings activity over the past four years, respectively.
The IPOX® International Index serves as the underlying benchmark for the 5-star (3 & 5 years) First Trust International Opportunities ETF (FPXI US).
The Best of International New Listings
Americas (ex-USA):
Canada's Agnico Eagle Mines and Constellation Software exemplify the region's expertise in natural resources and technology, while Brazil's Caixa Seguridade Participacoes, the insurance unit of Brazil's Caixa bank, highlights the growing importance of the Latin American financial sector.
Europe:
The UK's ARM Holdings, a global leader in semiconductor design, and Sweden's Spotify, a pioneer in music streaming, showcase Europe's strength in technology. Ireland's CRH, a global leader in building materials, and Germany's Siemens Energy, a major player in energy technology, highlight European industrial strength. Switzerland's Sandoz Group leads in generics and biosimilars, while On Holding brings innovation to the sportswear industry.
Middle East (MENA):
The UAE’s ADNOC Drilling underscores the region’s significant role in the global energy sector, while Saudi Arabia's Arabian Internet & Communications Services highlights the growth in technology and digital infrastructure across the region.
Asia:
China's Alibaba, a global e-commerce giant, and Trip.com represent the country's thriving digital economy and travel sector. South Korea's Krafton is a leader in the global gaming industry, while Japan's SoftBank Corp exemplifies the nation’s strength in technology and telecommunications. Amer Sports, with roots in Finland and now under Chinese ownership, underscores Asia’s influence in the sports and outdoor equipment market.
The IPOX® International Index serves as a benchmark for investors seeking exposure to the growth potential of newly listed companies across diverse geographies and sectors, capturing the dynamism and innovation of global equity markets.