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SaaS Growth Index

SSGRWTH

Index Performance

-17.93%
SSGRWTH
+7.95%
TMLARGE

Overview

Description

The SaaS Growth Index (SSGRWTH) targets software as a service (SaaS) businesses that have high return potential represented by positive trending ROICs, good economics (margin, retention, FCF margins) and high R&D investments.

  • TickerSSGRWTH
  • Inception Date08/03/2023
  • WeightingEqual
  • # of holdings7
What's inside?

Holdings

All holdings as of May 17, 2024
CSV download
Elastic NV (ESTC)16.15%$11.10B19.45%74.19%9.74
Gitlab, Inc. (GTLB)15.62%$7.46B36.66%89.77%17.21
MongoDB, Inc. (MDB)15.47%$27.01B31.07%74.15%16.49
Asana, Inc. (ASAN)14.66%$2.25B19.24%90.20%5.51
Bill Holdings, Inc. (BILL)13.60%$6.29B18.52%78.37%5.56
Unity Software, Inc. (U)12.32%$8.47B-7.99%68.64%5.48
Cloudflare, Inc. (NET)12.18%$22.65B30.47%77.54%23.46
Market data by FactSet