BlueStar® Fintech Index
The BlueStar® Fintech Index (BFNQ) tracks the performance of the largest and most liquid companies in the global fintech industry. This is a modified market cap-weighted index, and only includes companies that generate at least 33% of their revenue from fintech related products or services, such as banking or credit card software, enterprise transaction and accounting software, point-of-sale hardware and transaction processing software, internet-based and peer-to-peer transaction apps, electronic payment processing or transaction recording, or securities and asset trading software.
Key Features
| Size and Liquidity Requirements | Float-adjusted market capitalization of at least 500 mln USD. Six-month average-daily-value-traded of at least 1 mln USD. |
| Universe | Companies must derive at least 33% of revenue from electronic payment processing, financial industry software, or POS hardware, or at least 50% from credit card business. |
| Diversification | Companies are weighted by float-adjusted market capitalization with a maximum component weight of 3%. |
| Review | Semi-annual in June and December. |
Timescale Slider
| Symbol |
IndexName |
| BFNQ |
BlueStar® Fintech Price Index |
| BFNQNTR |
BlueStar® Fintech Total Return Net Index |
