Tag: ETFs

CEORater Technology Founder CEO Index Outperformed in Q1’18

CEORater Technology Founder CEO Index Outperformed in Q1’18

The CEORater Technology Founder CEO Index returned 8.2% and 8.4% on a Weighted and Unweighted Return basis respectively (click here for detail) during the January 2nd 2018 – March 29th 2018 period.

The S&P 500 Information Technology (TKR: S5INFT) returned 1.8% on a Weighted basis over the same period.

The Guggenheim S&P 500® Equal Weight Technology ETF (TKR: RYT) returned 4.7% on an Unweighted basis over the same period.

Two’s A Trend: “CEORater Technology Founder CEO Index” Wins Second Match

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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.

CEORater Technology Founder Index Outperformed S&P 500 Technology ETF

CEORater Technology Founder IndexWe examined the stock performance of Technology companies led by founder CEOs vs. a broader Technology index where the CEOs of the component companies are not necessarily company founders. The CEORater Technology Founder CEO Index is an extract from our CEORater database. You may view the component companies here.

We reviewed the period from January 3rd 2017 through January 22nd 2018: