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Be Thoughtful About Thematics | Beyond Basic Beta Channel


US Listed Semiconductor 25 Index and PHLX SOX Semiconductor Sector Index have an overlap of 77% when comparing constituents. These two comparative indexes have performed similarly over the past ten years, largely due to an abundance of companies in the sectors that allow for a similar investing strategy while diversifying a minority of holdings.
Legacy Theme: Oil Services Exhibit Similar Performance
7/14/2006 – 3/31/2021
Source: Morningstar Direct as of 3/31/2021.
Legacy Theme: Semiconductors Exhibit Similar Performance
12/22/2009 – 3/31/2021
Source: Morningstar Direct as of 3/31/2021.
Newer Thematic Strategies Demonstrate Less Overlap and Correlation
Newer themes such as clean energy and robotics have a much more varied approach to strategies with performance widely diverging based on the focus of their holdings. Clean energy indexes have overlap ranging from 10-25%, and the positive outlier in the peer group (MAC Global Solar Energy Index) ha ....

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Digital Brief, powered by Facebook: Microtargeting debate, Protecting gig workers, Apple antitrust


 
“Maybe prohibiting certain practices such as microtargeting at certain times, I think that’s the debate that we need to have on political ads.”
– Renate Nikolay, Head of Cabinet of Commission Vice-President Jourova. 
 
Top Story: The use of microtargeting for online political advertising could come in for new rules as part of legislation being readied by the European Commission, it has been revealed. Read on for more.
Podcast: This week, we take a look at the Commission’s plans for protecting the future of platform workers in the EU. You’ll hear from Commission representatives on the EU’s future objectives in this field, and we also speak to Ludovic Voet, Confederal Secretary at European Trade Union Confederation on the need to better protect the workers of the gig economy in Europe. ....

United States , United Kingdom , Stanford University , Czech Republic , Bruxelles Capitale , Nick Clegg , Margarethe Vestager , Matt Brittin , Olaf Scholz , Evelyne Gebhardt , Mona Keijzer , Peter Stuckmann , Mariana Labbate , Marek Zag , Damian Collins , Rasmus Andresen , Vera Jourova , Elizabeth Dowden , Helen Dixon , Ludovic Voet , Oliver Dowden , Tweede Kamer , Van Engelshoven , Kazuo Ishiguro Klara , Renate Nikolay , Prabhat Agarwal ,