We wanted to see how the CEORater Technology Founder CEO Index would fare if we were to market cap weight the components (review component details here). Therefore we compared our CEORater Index to the S&P 500 Information Technology Index (Ticker: S5INFT). We compared total stock returns for each for the period January 3rd 2017 – January 22nd 2018:
- The market cap weighted total stock return for the CEORater Technology Founder CEO Index over the measured period was 63.72%.
- The market cap weighted total stock return for the S&P 500 Information Technology Index was 46.05% over the same period.
These two most recent TEK2day posts are just the beginning of our analysis in an effort to test our hypothesis that Technology companies led by founder CEOs will in the aggregate outperform peer group companies led by non-founders.