AR/VR VIRTUAL TECHNOLOGY INDEX CRITERIA - EQM Indexes
AR/VR VIRTUAL TECHNOLOGY INDEX CRITERIA2018-06-14T20:15:37+00:00

AR/VR VIRTUAL TECHNOLOGY INDEX

AR/VR VIRTUAL TECHNOLOGY INDEX CRITERIA

CONSTITUENT ELIGIBILITY REQUIREMENTS

In order to be eligible for inclusion in the index, companies must meet the following conditions:

  • Companies that derive a portion of their company revenues from the virtual reality (VR), augmented reality (AR), or mixed reality (MR) industries/segments or have stated that part of their business is in products and services focused on the above industries/segments are eligible for inclusion in the index.
  • Companies that have demonstrated these industries/segments to be growth focus areas through internal R&D investments, joint ventures, partnerships and/or acquisitions are eligible for inclusion in the index. In addition, companies with diversified revenue streams that:

    (1) are identified as critical to the AR/VR ecosystem,
    (2) have a distinct business unit focused on AR/VR products and services, and/or
    (3) have a core competency that is expected to also benefit from the increased adoption of AR/VR technologies are eligible for inclusion in the index.

  • Companies must trade on a developed market exchange and have a minimum market capitalization of $100 million.
  • Constituents should have a median daily trading volume of at least $2 million for the six-month period preceding the data analysis date OR a minimum free float equivalent to 10% of shares outstanding.
  • The stock must have traded on 90% of the eligible trading days in the last 6 months. In case a security does not have a trading history of 6 months (e.g., IPOs), such a security must have started trading at least 3 months before the start of the data analysis date and should have traded on 90% of the eligible trading days for the past 3 months.
  • Securities considered include common stocks, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). In the case that multiple classes exist, ADRs will be preferred for inclusion.