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SaaS Growth Index

SSGRWTH

Index Performance

-7.44%
SSGRWTH
-0.62%
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 September 29, 2023
CSV download
Elastic NV (ESTC)15.30%$7.996B17.46%73.21%5.52x
Cloudflare, Inc. (NET)14.81%$18.444B31.54%75.62%19.16x
Asana, Inc. (ASAN)14.79%$2.457B20.43%90.01%8.35x
Bill Holdings, Inc. (BILL)14.63%$11.574B47.83%76.86%10.96x
MongoDB, Inc. (MDB)14.08%$24.675B39.56%74.60%19.73x
Gitlab, Inc. (GTLB)13.66%$4.707B38.14%89.50%13.31x
Unity Software, Inc. (U)12.74%$12.037B79.60%70.23%9.94x
Market data by FactSet