Intelligent Alpha
Wegovy Average

GLPS

$GLPS

Index Performance

+6.13%
GLPS
+3.30%
SP500
-2.09%
ICEBIOT

Overview

Description

The Wegovy Average tracks 25 companies likely to benefit from the adoption of GLP-1 weight loss drugs (semaglutide, Wegovy, Monjauro). Companies must have a market cap over $500 million for inclusion in the index. The GLPS is weighted in tiers based on market cap and rebalanced quarterly. Changes to the selection set can be made at any time if/when constituents no longer meet the above criteria.

  • TickerGLPS
  • Inception Date10/31/2023
  • WeightingCustom
  • # of holdings25
What's inside?

Holdings

All holdings as of December 8, 2023
CSV download
Danaher Corp. (DHR)6.39%$160.709B-10.31%58.20%6.63x
Abbott Laboratories (ABT)6.27%$181.435B-2.56%49.63%4.45x
Eli Lilly & Co. (LLY)6.10%$567.733B36.84%80.42%15.62x
AbbVie, Inc. (ABBV)6.03%$263.559B-5.97%68.84%5.65x
Amgen, Inc. (AMGN)5.99%$144.027B4.36%73.71%6.40x
Merck & Co., Inc. (MRK)5.70%$262.905B5.20%70.74%4.96x
Novo Nordisk A/S (NOVO.B)5.64%$328.625B28.89%83.46%13.38x
Pfizer Inc. (PFE)5.39%$162.504B-41.55%19.87%3.02x
DexCom, Inc. (DXCM)5.21%$45.194B26.69%63.75%11.55x
Dick's Sporting Goods, Inc. (DKS)5.11%$8.033B2.82%35.10%0.89x
lululemon athletica, Inc. (LULU)4.92%$59.283B18.70%56.95%5.35x
BellRing Brands, Inc. (BRBR)4.83%$7.005B24.63%30.32%3.78x
Laboratory Corp. of America Holdings (LH)4.29%$18.389B-15.23%26.02%1.71x
West Pharmaceutical Services, Inc. (WST)4.25%$25.322B8.90%38.73%9.45x
Quest Diagnostics, Inc. (DGX)4.13%$15.281B-7.68%31.76%2.02x
McKesson Corp. (MCK)3.98%$60.928B10.06%3.75%0.22x
Viking Therapeutics, Inc. (VKTX)2.84%$1.849BN/AN/AN/A
Peloton Interactive, Inc. (PTON)1.89%$2.041B-3.41%45.34%1.23x
Planet Fitness, Inc. (PLNT)1.85%$5.780B13.57%38.04%5.72x
Life Time Group Holdings, Inc. (LTH)1.82%$2.797B17.89%31.73%3.41x
InMode Ltd. (INMD)1.72%$1.809B1.55%83.64%3.90x
The Simply Good Foods Co. (SMPL)1.61%$3.971B16.87%36.22%2.99x
Nu Skin Enterprises, Inc. (NUS)1.44%$876.520M-7.26%58.60%0.69x
WW International, Inc. (WW)1.38%$567.011M-13.95%66.18%2.51x
Structure Therapeutics, Inc. (GPCR)1.26%$2.870BN/AN/AN/A
Market data by FactSet