Solactive Telemedicine & Digital Health Index- TR Net
EDOC provides a unique take on equities, focusing specifically on those with high exposure to the telemedicine & digital health theme. Companies around the world, including ADRS, that are involved in telemedicine, healthcare analytics, connected healthcare devices, and administrative digitization are considered. The underlying index is constructed using an algorithm that analyzes specific keywords from company filings, disclosures and other public information in order to identify and rank companies with the strongest ties to this theme. Stocks selected must meet certain size and liquidity requirements. The revenue of the highest ranking stocks is conducted to identify those with at least 50% of their revenues derived from business operations relative to the theme. The top 40 largest names that pass these criteria are the final index components. The index is weighted by market cap with 4% single security cap, and is reconstituted and re-weighted semi-annually.