IPOX® International Index (IPXI)
The IPOX® International Index is an applied market cap-weighted index portfolio measuring the performance of the top 50 companies domiciled outside the United States ranked quarterly by market cap in the IPOX® Global Composite Index, subject to defined liquidity and exposure criteria. The IPOX® International Index has historically captured ca. 60% of total market cap created through non-U.S. domiciled New Listings activity over the past four years, respectively.
The IPOX® International Index serves as the underlying benchmark for the 5-star (3 & 5 years) First Trust International Opportunities ETF (FPXI US).
The Best of International New Listings
Americas (ex-USA):
Canada's Brookfield Asset Management and Constellation Software exemplify the region's expertise in financial services and technology, while Brazil's Caixa Seguridade Participacoes, the insurance unit of Brazil's Caixa bank, highlights the growing importance of the Latin American financial sector.
Europe:
The UK's ARM, a global leader in semiconductor design, and Sweden's Spotify, a pioneer in music streaming, showcase Europe's strength in technology and innovation. CRH PLC from Ireland, a global leader in building materials, and Denmark’s Novo Nordisk, a leader in diabetes and obesity treatments, highlight Europe’s prowess in industrial manufacturing and healthcare, respectively. Switzerland's Sandoz Group AG leads the pharmaceutical industry with a focus on generics and biosimilars, while On Holding AG from Switzerland brings innovation to the sportswear industry with its cutting-edge footwear technology.
Middle East (MENA):
Saudi Arabia's SAL Saudi Logistics Services underscores the region’s growing importance in logistics and infrastructure. The UAE’s Emaar Development, builder of the iconic Burj Khalifa, continues to highlight the region's ambition and architectural achievements.
Asia:
China's Trip.com represents the country's thriving travel sector, while Japan's TDK Corp and SoftBank Corp exemplify the nation’s strength in technology and telecommunications. Amer Sports Inc from Finland and now under Chinese ownership, underscores Asia’s influence in the sports and outdoor equipment market. Australia’s Aristocrat Leisure Ltd continues to innovate in the gaming technology industry.
The IPOX® International Index serves as a benchmark for investors seeking exposure to the growth potential of newly listed companies across diverse geographies and sectors, capturing the dynamism and innovation of global equity markets.