Index Performance
+8.07%
TENNTM
+8.51%
SKYY
+2.21%
QTEC
Overview
Description
Based on the research by Jamin Ball (@jaminball) on his Clouded Judgement Substack where he analyzed cloud software companies that at one point in time were trading at >10x NTM revenue. This is an Index that tracks the 22 companies that hit >10x NTM revenue at some point, 33% ended up with a CAGR >20% from the time they hit 10x to today.
- TickerTENNTM
- Inception Date11/18/2022
- WeightingEqual
- # of holdings21
What's inside?
Holdings
All holdings as of February 11, 2025
CSV download
Cloudflare, Inc. (NET) | 6.86% | $59.13B | 28.76% | 77.22% | 21.78 |
Atlassian Corp. (TEAM) | 5.50% | $82.53B | 21.35% | 81.59% | 13.00 |
CrowdStrike Holdings, Inc. (CRWD) | 5.35% | $106.32B | 28.52% | 74.65% | 18.57 |
MongoDB, Inc. (MDB) | 5.23% | $21.31B | 22.28% | 74.40% | 9.87 |
Okta, Inc. (OKTA) | 5.16% | $16.41B | 13.87% | 76.39% | 4.33 |
Shopify, Inc. (SHOP) | 5.11% | $159.14B | 25.78% | 50.09% | 15.10 |
Dynatrace, Inc. (DT) | 5.06% | $18.37B | 19.47% | 80.16% | 9.52 |
Zscaler, Inc. (ZS) | 5.02% | $32.11B | 26.42% | 77.34% | 11.36 |
HubSpot, Inc. (HUBS) | 4.91% | $40.50B | 20.12% | 85.17% | 10.51 |
Paylocity Holding Corp. (PCTY) | 4.78% | $11.69B | 15.51% | 65.51% | 7.49 |
Veeva Systems, Inc. (VEEV) | 4.71% | $38.04B | 13.41% | 75.06% | 11.09 |
Adobe, Inc. (ADBE) | 4.62% | $199.73B | 11.14% | 88.26% | 10.69 |
Autodesk, Inc. (ADSK) | 4.52% | $64.44B | 11.93% | 89.79% | 10.51 |
BlackLine, Inc. (BL) | 4.51% | $3.96B | 10.74% | 74.24% | 6.94 |
Paycom Software, Inc. (PAYC) | 4.42% | $11.37B | 11.23% | 72.31% | 4.98 |
Datadog, Inc. (DDOG) | 4.39% | $49.40B | 26.02% | 80.01% | 15.35 |
Qualys, Inc. (QLYS) | 4.39% | $5.02B | 10.19% | 81.64% | 8.07 |
Five9, Inc. (FIVN) | 4.31% | $3.06B | 14.81% | 52.81% | 2.42 |
ServiceNow, Inc. (NOW) | 4.15% | $207.86B | 22.44% | 79.18% | 19.80 |
AppFolio, Inc. (APPF) | 3.90% | $7.95B | 28.01% | 62.02% | 11.13 |
Bill Holdings, Inc. (BILL) | 3.09% | $6.27B | 13.83% | 78.39% | 6.00 |
Market data by FactSet