ILXQuant Global Regulatory Compliance Technology Basket Index
Fixed-basket index of 10 companies selling mandatory recurring software to every financial institution, listed company, and critical infrastructure operator in the developed world. The EU CSRD requires 50,000-plus companies to publish audited sustainability reports from 2024-2028. DORA requires all EU financial institutions to prove digital operational resilience. Basel IV requires banks to rebuild capital models. The government mandates the product and the customer has no choice but to buy. The basket spans risk analytics (Verisk), credit and ESG ratings (Moody's, MSCI), investor communications and regulatory reporting (Broadridge), financial compliance software (SS and C Technologies), ESG reporting platform (Workiva), regulatory filing services (Donnelley Financial), tax and legal compliance software (Wolters Kluwer), technical consulting for regulatory litigation (Exponent), and management consulting for compliance transformation (Huron Consulting). Rebalances quarterly to equal weight.
- Index identifier
- ILXREG
- Category
- Basket
- Universe
- Fixed basket -- 10 global regulatory compliance technology companies (equal weight)
- Currency
- USD
- Inception
- 2020-03-02
- Rebalancing
- Quarterly (first Monday of March, June, September, December)
- Index fee
- 0.60% p.a.
- Reference benchmark
- Technology SPDR (XLK)
Performance and risk
All figures below are measured over a trailing window of up to 1,260 trading days (approximately five years), not since index inception.
| Annualised return | +3.69% |
|---|---|
| Sharpe ratio | 0.17 |
| Calmar ratio | 0.11 |
| Volatility | 22.13% |
| Maximum drawdown | -33.26% |
| Return, 1 month | +10.31% |
| Return, 3 months | +23.70% |
| Return, 1 year | -10.04% |
| Return, year to date | -8.84% |
Full performance history, drawdown analysis, rolling risk metrics and portfolio breakdowns for this index are available in the ILX Quant platform.