T
Digital Innovation Growth Index

MALFCNT

Index Performance

+15.70%
MALFCNT
+5.57%
TMLARGE

Overview

Description

Analyzing the theme of creating an index and charting it with companies like Tesla (TSLA), NVIDIA (NVDA), Meta Platforms formerly known as Facebook (META), Salesforce.com (CRM), and Amazon (AMZN), reveals a focus on high-growth sectors particularly technology and consumer discretionary. The key drivers behind these stocks are innovative technology, consumer behavior, macroeconomic trends, among others. For TSLA and NVDA, primary factors influencing their performance include automotive industry trends, pace of AI and autonomous driving technology development. META is driven primarily by social media usage, digital advertising trends, and the evolution of virtual and augmented reality technologies. CRM, a cloud computing service company, is influenced by digital transformation trends, while the e-commerce giant AMZN's performance is largely dictated by e-retail growth, cloud computing, and other diversified business operations. Potential subcategories in this theme might include e-commerce, social media, cloud computing, digital advertising, autonomous technologies, artificial intelligence, and consumer electronics which could provide other comparative measures. This index was generated with help from Thematic Assist.

  • TickerMALFCNT
  • Inception Date08/08/2023
  • WeightingEqual
  • # of holdings5
What's inside?

Holdings

All holdings as of April 18, 2024
CSV download
Meta Platforms, Inc. (META)21.31%$1.09T15.69%80.72%6.69
Amazon.com, Inc. (AMZN)21.09%$1.88T11.83%46.98%2.89
NVIDIA Corp. (NVDA)19.79%$2.10T125.85%72.72%24.74
Salesforce, Inc. (CRM)18.99%$268.03B11.18%67.42%7.92
Tesla, Inc. (TSLA)18.82%$495.08B18.80%18.25%8.75
Market data by FactSet

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