Q2 2023 Index Performance Update

In spite of the recent turmoil in the U.S. banking system, the innovation global and trade war index has still witnessed outperformance to their benchmarks. Moving into the second quarter of 2023, the indexes weights have tilted into the electronic technology, industrial services, and consumer durables sector, where innovation and technological advances have played significant roles in separating winners and losers in the same competing cohorts.