Strategic Internet of Things Technology Index
Why Exposure to this Index
The Internet of Things Technology Index gives true exposure to the entire industry of companies that specialize in providing technology solutions to the network of physical objects known as the “internet of things.” “Things” have sensors, software, and other technologies that allows them to connect and exchange data with other devices and systems over the internet.
The Strategic Internet of Things Technology Index seeks to provide total return by investing in a passively managed, concentrated portfolio of companies that stand to potentially benefit from the broader adoption of the Internet of Things (IoT).
- Designed to capitalize on the potential high growth of the Internet of Things (IoT) industry.
- Targets companies in the US and developed markets that operate across four Internet of Things sub-sectors, including:
- Enterprise Solutions sub-sector: Companies that provide applications that are responsible for data collection, device integration, real-time analytics, and software applications and software process extensions (i.e., processes designed to accommodate for future growth) within the Internet of Things network.
- Equipment, Vehicle, and Infrastructure/Building Technology sub-sector: Companies that build, service, or own Internet of Things-related infrastructure including data centers, cell towers, fiber optic networks, and technology hardware (for example, antennas, servers, and cables).
- Semiconductors and Sensors sub-sector: Companies that provide signal processing units, network links, and cellular network receivers and transmitters.
- Networking Infrastructure/Software sub-sector: Companies that provide cloud data platforms, which include solutions for data warehousing (repositories for structured data), data lakes (repositories for data in its raw format), data engineering, data science, data application development, and data exchange
- Companies are initially identified by industry and sector, and are then further reviewed on the basis of operations related to e-commerce activities.
- The index is composed of the 50 or so largest eligible companies using float adjusted capitalization, and the largest companies make up a greater percentage of the overall portfolio.