The S-Network Space Indexes
The S-Network Space Index tracks a portfolio of companies that derive substantial revenue from space-related activities. The companies span multiple economic sectors and are engaged in activities including telecommunications, television and radio broadcasting, rocket and satellite manufacturing and operation, ground equipment manufacturing, and space-based imagery and intelligence services. The index is designed to serve as an equity benchmark for globally traded stocks that are materially engaged in the space business.
The S-Network Space Index comprises two main business segments:
Satellite Operators - Companies whose principal business involves services provided by satellites that are owned, operated or utilised by the companies.
Hardware - Companies whose business involves the sale of space-related hardware, including: Satellite Prime Manufacturers; Launch Vehicle Prime Manufacturers; Spacecraft Components and Ground Equipment.
The S-Network Space Index contains stocks selected from a universe of equity securities traded on recognised stock exchanges in any geographic region, based on a set of objective screening criteria. The selection criteria include requirements for industry participation and minimum average daily trading volume.
Each stock’s relative weighting in The S-Network Space Index will be based on its market capitalisation within a tranche, adjusted for free float and modified by the space revenue percentage subject to certain restrictions, limitations and modifications.
For full details of the methodology, please consult the supplement.
To view the Methodology