Global Disruptive Technology Index

Innovative leaps with revolutionary explosive force

 

Open End PERLES on the ROBO Global Disruptive Technology Total Return Index

I. Disruptive Technologies explained

What have the steam engine, the internet and smartphones got in common? The emergence of all three technologies listed by way of example triggered euphoria and a spirit of optimism in industry and society. The steam engine heralded the start of the industrial age, the internet drove forward digitalization and smartphones enable constant access to the virtual world. All three technologies instigated an innovative leap and radically changed their respective living and working environments. Clayton M. Christensen from Harvard Business School called technologies with such penetrating power “disruptive technologies”. Since the publication of the book “The Innovators Dilemma” in 1995 and the scientific paper “Disruptive Technologies: Catching the Wave” the defining feature of a disruptive innovation is that it breaks up existing market structures and dictates completely new ground rules to the market.

II. What current technologies have that potential?

Umpteen investors ask themselves this question day in, day out, as disruptive technologies are subject to changing times. What is considered disruptive today will be superseded tomorrow. A possible answer is provided by the ROBO Global Disruptive Technology TR Index, which uses a top-down approach to first select promising industries and then filter equities in each industry.

III. Selection of the industries

The starting point for selecting equities is to identify industries that the ROBO Index committee deems capable of creating disruptive technologies. The industries contained in the index can therefore be replaced and the number of industries may fluctuate, but the index always includes between eight and 20 industries.

IV. Selection of equities

In a second step suitable equities are chosen from the equities universe based on a set of rules. Each industry must be represented by a minimum of five and a maximum of 20 equities. All equities in the ROBO Global Disruptive Technology TR Index must be sufficiently tradable. Firstly this requires a listing on a stock exchange that also offers unrestricted trading access to foreign investors. In addition, all index members must generate at least half their sales in one of the identified disruptive technology industries. Furthermore, to be included in the index, market capitalization must be at least 500 million US dollars and the average daily trading volume for the past three months must amount to at least 500,000 US dollars.

Both the sectors in the index and the equities within a sector must be equally weighed in terms of the quarterly index adjustments.

 

Historical index performance

 

Important note: The price data of the underlying asset that are displayed here merely serve as an indication and may not necessarily correspond to the prices that are relevant for the repayment or for any thresholds such as a stop-loss event or a knockout event. Only the sources and reference prices specified in the legally binding product documentation are relevant.

 

Current index composition

 

Name Weightings
UNIVERSAL DISPLAY CORP 2.23%
3D SYSTEMS CORP 2.21%
DONALDSON CO INC 2.05%
WATTS WATER TECHNOLOGIES INC 2.04%
STRATASYS LTD 2.00%
FARO TECHNOLOGIES INC 2.00%
ENTEGRIS INC 2.00%
DANAHER CORP 1.97%
CREE INC 1.94%
ACUITY BRANDS INC 1.91%
PROTO LABS INC 1.82%
LINDSAY CORP 1.79%
SANKEN ELECTRIC CO. LTD. 1.76%
DASSAULT SYSTEMES SA 1.74%
GENTEX CORP 1.65%
AUTODESK INC 1.64%
BRUKER CORP 1.62%
CANADIAN SOLAR INC 1.50%
BALLARD POWER SYSTEMS INC 1.49%
WACKER CHEMIE AG 1.46%
FERRO CORP 1.44%
ADVANCED ENERGY INDUSTRIES INC 1.42%
ALBEMARLE CORP 1.42%
TESLA INC 1.40%
A SCHULMAN INC 1.36%
FIRST SOLAR INC 1.36%
GCL NEW ENERGY HOLDINGS LIMITED 1.31%
JINKOSOLAR HOLDING CO-ADR 1.28%
VEECO INSTRUMENTS INC 1.26%
SUNPOWER CORP-CLASS A 1.24%
SMA SOLAR TECHNOLOGY AG 1.15%
COGNEX CORP 1.14%
IROBOT CORP 1.12%
AEROVIRONMENT INC 1.11%
INTUITIVE SURGICAL INC 1.07%
FORTINET INC 1.07%
CHECK POINT SOFTWARE TECH L ORD 1.03%
ROCKWELL AUTOMATION INC 1.00%
CYBERARK SOFTWARE 0.99%
OCEANEERING INTL INC 0.99%
RADWARE LTD 0.95%
FANUC CORP 0.95%
TREND MICRO INC 0.93%
OMRON CORP ORD 0.91%
PALO ALTO NETWORKS INC 0.90%
BIO-TECHNE CORP 0.90%
PROOFPOINT INC 0.89%
ARROWHEAD PHARMACEUTICALS INC 0.89%
QUALYS INC 0.89%
ILLUMINA INC 0.88%
YUSHIN PRECISION EQUIPMENT 0.87%
QINETIQ GROUP PLC 0.86%
YASKAWA ELECTRIC CORP ORD 0.85%
FIREEYE 0.84%
SEATTLE GENETICS INC 0.83%
IMPERVA INC 0.83%
GILEAD SCIENCES INC 0.81%
BIOMARIN PHARMACEUTICAL INC 0.81%
UNITED THERAPEUTICS CORP 0.81%
QIAGEN NV 0.77%
VERTEX PHARMACEUTICALS INC 0.77%
INTREXON CORP 0.76%
INCYTE CORP 0.74%
IMMUNOGEN INC 0.70%
GROUPON INC. 0.70%
ZIOPHARM ONCOLOGY INC 0.67%
QORVO INC 0.66%
LENDINGCLUB CORP 0.65%
UBIQUITI NETWORKS INC 0.62%
AMAZON.COM INC 0.61%
ALPHABET INC A-SHARES 0.60%
ULTIMATE SOFTWARE GROUP INC 0.60%
FACEBOOK INC 0.60%
SALESFORCE.COM INC 0.58%
RED HAT INC 0.57%
TENCENT HOLDINGS LTD 0.57%
CYBERAGENT INC 0.57%
SPLUNK INC 0.57%
SERVICENOW INC 0.57%
TABLEAU SOFTWARE INC 0.57%
VMWARE INC-CLASS A 0.56%
WEIBO CORP 0.55%
TERADATA CORP 0.55%
EQUINIX INC 0.54%
SINA CORP 0.53%
AKAMAI TECHNOLOGIES INC 0.53%
NETEASE INC-ADR 0.53%
ALIBABA GROUP HOLDING-SP ADR 0.50%
MAIL.RU GROUP-GDR REGS 0.50%
TWITTER INC 0.49%
BAIDU INC - SPON ADR 0.48%
YANDEX NV CLASS A 0.48%
YY INC-ADR 0.48%
JD.COM INC 0.47%
CRAY INC 0.46%
FANG HOLDINGS LTD 0.46%
NETFLIX INC 0.46%
YIRENDAI LTD - ADR 0.40%

 

 

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