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SaaS Growth Index

SSGRWTH

Index Performance

-15.57%
SSGRWTH
+3.11%
TMLARGE

Overview

Description

The SaaS Growth Index (SSGRWTH) targets software as a service (SaaS) businesses that have high return potential represented by positive trending ROICs, good economics (margin, retention, FCF margins) and high R&D investments.

  • TickerSSGRWTH
  • Inception Date08/03/2023
  • WeightingEqual
  • # of holdings7
What's inside?

Holdings

All holdings as of May 2, 2024
CSV download
Elastic NV (ESTC)15.11%$10.70B19.45%74.19%9.74
MongoDB, Inc. (MDB)14.71%$26.45B31.07%74.15%16.49
Gitlab, Inc. (GTLB)14.67%$7.21B36.66%89.77%17.21
Asana, Inc. (ASAN)14.10%$2.18B19.24%90.20%5.51
Bill Holdings, Inc. (BILL)14.10%$6.66B18.52%79.17%N/A
Cloudflare, Inc. (NET)13.98%$26.55B30.47%77.54%N/A
Unity Software, Inc. (U)13.33%$9.44B57.25%66.46%7.77
Market data by FactSet