FactSet’s first branded index, the FactSet Innovative Technology Index (FDSITPR/FDSITTR), was launched on September 17, 2015, and provides a benchmark to track the performance of specialized technology-related companies engaged in high-growth markets and industries. These companies are often involved in cutting-edge research, innovative product and service developments, disruptive business models, or a combination.
The companies in this index generally derive a substantial portion of their revenues (50% or more) from specialized areas of technology and electronic media and belong to sectors that exhibit higher growth than their peers.
- Symbol - FDSITPR/FDSITTR (view the data, as provided by the NYSE, here)
- Calculation - FDSITPR: every 15 seconds, FDSITTR: end-of-day
- Number of Companies Included - 100
The FactSet Innovative Technology Index is calculated and maintained by the New York Stock Exchange Group (NYSE) based on a methodology developed by FactSet.
Learn more about the Index methodology here.