Bloomberg Thematic Indices
Track emerging structural trends with rules-based benchmarks.
Bloomberg Thematic Indices capture structural, macro trends disrupting the global economy. The indices employ highly differentiated data in a variety of themes enabling clients to create the most advanced, cutting-edge thematic investment products on the market.
Research from world-class analysts
Our data-driven approach incorporates proprietary research delivered by expert analyst teams from Bloomberg Intelligence (BI) and BloombergNEF (BNEF).
Comprehensive data
Research is coupled with Bloomberg’s data library to form baskets which serve as the basis for index selection.
Structured framework
Our data-driven approach incorporates proprietary research delivered by expert analyst teams from Bloomberg Intelligence (BI) and BloombergNEF (BNEF).
Indices provide direct economic exposure to the underlying theme in a replicable and transparent manner.
Broad range of themes
Indices track electric vehicles, digital payments, renewable energy and more.
Theme Basket Construction
Bloomberg Intelligence employs a multi-step process to its theme basket methodology construction, in order to ensure representation, accuracy and integrity.
Theme Due Diligence and Universe Curation
This process includes document analysis, data scraping and segmentation across a broad data library to develop the full company universe and define key terms, sizing the thematic market opportunity and defining exposure classifications.
Finalize Scores and Company Rankings
Finally, the team estimates scores on a scale from 1 (High), 2 (Medium) and 3 (Low). Our analysts rank companies and review all of the available data in order to make an informed, holistic decision.
Analyze Data and Assign Company Exposure Scores
Exposure scores are assigned to companies included in the theme according to high, medium and low revenue exposure, with scores reflecting either current revenue exposure or estimated exposure in five years, and theme participation determined in the previous step. During this process, BI identifies drivers, key enablers and beneficiaries among the basket.
Set Criteria and Metrics for Three Exposure Scores
During this stage, BI determines revenue exposure and theme participation across the aligned companies. This stage also includes analysis of ESG factors across the companies’ value chain, when applicable. Myriad sources are taken into account, including financial statements, transcripts, public filings, BNEF databases and other third-party vendors.
Theme Basket Maintenance
Paramount to the viability of any thematic index is the care taken to maintain it. BI’s quarterly review cycle maintains the thematic baskets on which these indices are based, through the following protocols:
- Theme Basket Committee per Basket
- Recurring Constituent Reviews
- Quarterly Membership Changes
- Non-Covered Company Tracking
- Resources
Bloomberg Thematic Indices
Capturing megatrends that have the potential to transform structures underpinning the way we live, work and communicate.
Electric Vehicles
The Bloomberg Electric Vehicles Index family utilizes proprietary research from BI and BNEF. It aims to represent the performance of a set of companies that are expected to derive significant revenues from electric vehicles, energy storage technologies, autonomous navigation technology, lithium and copper mining, and hydrogen fuel cells.
FAANG 2.0
The Bloomberg FAANG 2.0 Index is constructed to track the performance of companies that are engaged in national and natural resource security. Companies must have their primary business activities involved in Fuel (F), Aerospace & Defense (A), Agriculture (A), Nuclear and Renewable Energy (N), and Gold and Other Base & Precious Metals (G).
Future of Finance
Bloomberg’s index team, BI and Grayscale Investments collaborated on the creation of the Bloomberg Grayscale Future of Finance Index family.
Metaverse
The Bloomberg Metaverse Index is meant to capture the performance of companies involved in the rapidly evolving realm of social interaction and digital innovation. To be included, members must expect to generate a meaningful portion of revenue from platforms, experiences, and transactions in virtual reality, as determined by Bloomberg Intelligence.
US Analyst Recommendations
Bloomberg collects analysts’ recommendations for various financial institutions in order to build a proprietary “ANR” score for each company. The Bloomberg US Analyst Recommendations Index aims to track the performance of the best-ranked U.S. companies by equity research analysts.
Digital Media & Tech
Digital innovation has transformed the way we live and work, allowing companies to create new, disruptive business models. The Bloomberg Digital Media & Tech Index selects the largest 200 companies within the industries of entertainment content, digital media & services, telecommunications, technology hardware, semiconductors, and software, excluding wireline telecommunications.
Semiconductors
Advanced technologies across industries have led to rising demand for semiconductors. The Bloomberg Global Semiconductors Top 20 Index tracks the performance of the largest 20 companies based on total-company revenue from semiconductor business, as defined in the standard Bloomberg Industry Classification Standard (BICS).
Digital Payments
Given the overwhelming shift to digital payments from cash, the Bloomberg Digital Payments Index was constructed as a global index designed to track the largest stocks that facilitate digital payments on e-commerce sites or in-person on mobile devices. To qualify for inclusion, members must generate a portion of revenue from software, hardware or services supporting digital payments, with a strategy for growth.
Electrification Metals
The Bloomberg Electrification Metals Index aims to track the performance of holding a long position of electrification metal commodities futures contracts. The Index tracks the return of a basket of metals key to the Energy transition including: Aluminum, Copper, Nickel, Zinc, Cobalt, and Lithium.
Bloomberg Index Products and Solutions
Index the Possibilities with Bloomberg’s industry-standard and bespoke benchmarks across asset classes.
Unparalleled data & research
Bloomberg’s index team has access to an unparalleled breadth of trusted data, reliable technology and best-in-class research teams to bring new strategies to life.
Customization
We offer a broad and evolving suite of unbiased index products, including custom datasets, factors and styles. Select or customize the most appropriate benchmark for your portfolio needs.
Bloomberg Terminal integration
Gain even more value from Bloomberg Indices by using the integrated analytics, research and index publications available on the Bloomberg Terminal.