Coatue Management
Coatue Rule of 200 Fintech Inverse Equal Index

COATTHR

Index Performance

-2.62%
COATTHR
-5.59%
EMCLOUD

Overview

Description

Based on Coatue Management's Rule of 200 Methodology and developed by Michael Gilroy, Chase Packard, and Leslie Wang from Coatue's FinTech Practice, the $COATTHR Index tracks the performance of those mature fintech companies that score lowest in combined 12 Month retention, revenue growth, gross margin, and operating margin. $COATTHR is a equal-weighted Index and overweights businesses with industry-lagging retention, gross margin, EBIT, & growth. This is an inverse index, as the value goes up as the performance of the components go down.

  • TickerCOATTHR
  • Inception Date11/11/2022
  • WeightingEqual
  • # of holdings11
What's inside?

Holdings

All holdings as of September 29, 2023
CSV download
Blend Labs, Inc. (BLND)11.12%$0.323B-34.67%54.87%1.35x
Alkami Technology, Inc. (ALKT)9.89%$1.717B30.15%53.40%6.19x
Dave, Inc. (DAVE)9.53%$0.065B33.69%49.11%0.28x
Q2 Holdings, Inc. (QTWO)9.31%$1.886B10.14%44.38%3.45x
Automatic Data Processing, Inc. (ADP)9.24%$99.112B8.48%48.88%5.14x
Remitly Global, Inc. (RELY)9.14%$4.570B48.82%55.02%4.00x
Toast, Inc. (TOST)8.77%$7.695B44.89%21.27%3.31x
Lemonade, Inc. (LMND)8.50%$0.810B152.46%N/A4.11x
Lightspeed Commerce, Inc. (LSPD)8.31%$2.159B26.48%28.56%2.35x
Affirm Holdings, Inc. (AFRM)8.22%$5.098B22.43%84.02%5.50x
Hippo Holdings, Inc. (HIPO)7.98%$0.189B66.20%N/A2.63x
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