Intelligent Alpha
Wegovy Average

GLPS

Index Performance

+5.04%
GLPS
+1.44%
IBB
+7.24%
SPY

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 May 17, 2024
CSV download
Amgen, Inc. (AMGN)7.26%$167.62B22.19%56.73%7.04
Merck & Co., Inc. (MRK)6.79%$332.28B8.38%75.11%5.96
Danaher Corp. (DHR)6.67%$196.87B-19.13%60.16%7.59
Pfizer Inc. (PFE)6.41%$162.29B-18.61%70.56%3.92
Eli Lilly & Co. (LLY)6.38%$731.81B25.98%80.91%20.23
Novo Nordisk A/S (NOVO.B)6.13%$441.16B22.45%84.83%16.20
AbbVie, Inc. (ABBV)5.90%$293.88B0.70%66.84%6.96
Abbott Laboratories (ABT)5.66%$181.08B2.23%50.40%5.13
Quest Diagnostics, Inc. (DGX)4.96%$16.03B1.50%31.91%2.14
McKesson Corp. (MCK)4.64%$73.38B11.65%3.95%0.24
DexCom, Inc. (DXCM)4.41%$52.24B24.21%61.01%15.12
Laboratory Corp. of America Holdings (LH)4.41%$17.75B-15.92%26.36%1.98
BellRing Brands, Inc. (BRBR)4.19%$7.49B28.27%32.37%4.67
Dick's Sporting Goods, Inc. (DKS)4.05%$11.33B4.98%35.01%1.22
West Pharmaceutical Services, Inc. (WST)4.02%$25.91B-2.88%33.27%9.94
lululemon athletica, Inc. (LULU)3.16%$40.46B18.60%58.26%6.23
The Simply Good Foods Co. (SMPL)1.88%$3.75B5.26%36.09%2.96
Life Time Group Holdings, Inc. (LTH)1.81%$3.04B16.81%32.38%3.23
Viking Therapeutics, Inc. (VKTX)1.79%$7.39BN/AN/AN/A
Planet Fitness, Inc. (PLNT)1.74%$5.54B11.61%38.51%6.76
Nu Skin Enterprises, Inc. (NUS)1.72%$677.96M-13.33%70.47%0.54
Structure Therapeutics, Inc. (GPCR)1.71%$1.68BN/AN/AN/A
Peloton Interactive, Inc. (PTON)1.52%$1.38B-4.17%41.20%1.15
InMode Ltd. (INMD)1.47%$1.56B-24.31%79.62%2.35
WW International, Inc. (WW)1.34%$143.49M-14.61%67.89%1.84
Market data by FactSet