Smartkarma Indices Overview


What Makes Smartkarma Indices Unique

Bridging content and capital, turning insight into investible signals.

Smartkarma Indices are fundamentally research-driven, combining independent expert insights with proprietary quantitative data. This approach embeds structural thematics—such as capital efficiency, dividend consistency, or innovation resilience—backed by real-time analyst views.


Why Smartkarma Indices

Smartkarma Indices serve multiple stakeholders across the capital markets ecosystem:

This bridges content and capital, turning research into investible signals.


About Smartkarma

Smartkarma is an AI-augmented investment intelligence platform serving institutional investors, banks, and corporates. Our ecosystem includes 60,000+ global professionals and is trusted by exchanges, sovereign entities, and capital market participants.


About Smartkarma Data Strategy

The Data Strategy team transforms research into structured, actionable data. We focus on:


Advisors

Advisor Name

Konrad Sippel

Former Head of Research at Solactive AG, Head of Big Data & Automation at Deutsche Börse, and Global Head of Business Development at STOXX Ltd. Currently Founder & CEO, Signalyst GmbH

Konrad brings deep expertise across the entire index and ETF value chain, having held leadership roles in research, product development, automation, and commercial strategy at some of Europe’s most influential market infrastructure firms. From helping launch some of Europe’s earliest ETFs to driving innovation in data automation and AI applications, he has seen—and done—it all in the indexing world.
As Smartkarma expands its Index Data and Advisory business under the Daxonomy initiative, Konrad serves as a strategic advisor, helping shape product strategy, data infrastructure, and go-to-market execution.
A lifelong data enthusiast, Konrad thrives at the intersection of finance, technology, and disruptive ideas. When he’s not brainstorming AI-powered index solutions or mentoring startups, you’ll find him running (where he does his best thinking), cheering for Eintracht Frankfurt as a proud lifetime member, or wrestling with his smart home devices—some of which might be smarter than him.


Smartkarma SmartScores

SmartScore is a compound company-level score summarizing outlook based on five proprietary factors:

Factor Description
Value Measures relative share price vs. net assets (P/B ratio)
Dividend Captures dividend yield strength vs. peers
Growth Tracks earnings growth (3Y EPS CAGR)
Resilience Assesses leverage and profitability (Net-Debt/Equity, Net Margin)
Momentum Measures market cap growth relative to peers

Next Steps

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Disclaimer

The information, data, and materials presented on this website are provided for informational purposes only and do not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any financial product. The analysis is based solely on Smartkarma’s proprietary research and data. No third-party data sources have been used in the creation or dissemination of these Indices unless otherwise stated explicitly. Unauthorized reproduction, redistribution, or systematic retrieval of any content on this website—whether in whole or in part—is strictly prohibited without prior written permission from Smartkarma. However, brief excerpts or references may be used with appropriate attribution to Smartkarma, provided such use does not distort the original context. While Smartkarma makes reasonable efforts to ensure the accuracy and timeliness of the information presented, no warranty, express or implied, is given as to its accuracy, completeness, or suitability for any particular purpose. Smartkarma accepts no liability for any loss or damage arising from the use of or reliance on this information. Past performance is not indicative of future results. The Indices do not guarantee any return and should not be used as the sole basis for any investment decision. Smartkarma reserves the right to modify, suspend, or discontinue any aspect of the Indices or this website at any time without notice.


Copyright © Smartkarma. No reproduction in whole or in part without explicit written permission.

Select an Index

SK SG ALLCAP VUP

The SK SG ALLCAP VUP Index is a proprietary 50-stock index constructed by Smartkarma, leveraging the firm’s SmartScores™ (TM Pending) framework. The index is designed to capture broad-based upside participation across Singapore-listed equities of all market capitalisations while managing downside risks through disciplined, research-driven signals.


The index embodies Smartkarma’s Value-Up (VUP) philosophy—focusing on companies that demonstrate capital efficiency, minority-frinedliness, sustainable returns, and strong market signals. It is built on a foundation of independent research and proprietary data.


Key Features

  • Momentum Tilt: Preference for stocks with strong market cap growth and liquidity turnover, capturing upside trends.
  • Resilience Tilt: Emphasis on robust balance sheets and profitability metrics to reduce risk exposure.
  • Smartkarma SmartScores™: Compound scoring system integrating value, dividend, growth, resilience, and momentum factors.
  • Active Risk Overlay: Universal and dynamic stop-loss triggers to limit drawdowns and respond to negative price movements.
  • Monthly Rebalancing: Index is refreshed monthly to reflect updated fundamentals and market dynamics.

Last Updated: Aug 2025

Performance (since May 2020) 142.8%
CAGR 18.1%
SmartScore 3.81
PE 11.51
PB 1.31
Dividend Yield 6.10

Index Performance

Periodic Performance

Period Strategy Benchmark Outperformance
1 Month 7.1% 4.1% 3.0%
3 Months 25.8% 8.0% 17.7%
6 Months 34.2% 8.6% 25.7%
12 Months 42.2% 21.5% 20.7%
Since Inception 142.8% 62.0% 80.8%

Calendar Performance

Year Strategy Benchmark Outperformance
2020 35.4% 9.8% 25.7%
2021 19.0% 10.1% 8.9%
2022 -2.8% 6.3% -9.1%
2023 -0.4% -6.1% 5.8%
2024 12.9% 21.4% -8.5%
2025 37.9% 10.7% 27.2%

Holdings Data (as of Aug 2025)

Top 20 Holdings

Symbol Name Market Cap Entry Date % Assets % Return
xxx xx xxxx xxxxxx xxxxxxxx $940 Jun 2023 3.9% 163.2%
xxx xx xxx xxxxxxxx $229 Dec 2023 3.7% 399.3%
xxx xx xxx xxx xxxx $47 May 2025 3.7% 74.3%
xxxx xx xxxxxxxxx xxxx $1,133 May 2020 3.6% 490.8%
xxxx xx xxxxxxx xxx $815 Jul 2020 3.6% 749.9%
xxx xx xxxx xxxxx xxxx $968 May 2020 3.4% 315.1%
xxxxx xx xxxxxxxx xxxxxx $51 Aug 2024 3.3% 215.5%
xxxx xx xxx xxx xxxxxxxx $457 Jul 2025 3.3% 30.1%
xxx xx xxx xxx $267 Nov 2023 2.9% 205.1%
xxxx xx xxx xxx xxxx $2,373 May 2024 2.9% 54.2%
xxx xx xxxxxxx xxxx $132 May 2020 2.7% 338.5%
xx xx xxxxx xxxx xxx $222 May 2020 2.6% 525.2%
xxx xx xxxxxxx xxxxxxxxxxxxx $205 May 2020 2.5% 206.0%
xxx xx xxxxx xxxxxxxxxxxxx $31 May 2020 2.4% 382.8%
xxxx xx xxxxxxxx xxxxxxxx xxxx $418 Nov 2022 2.4% 81.8%
xxxx xx xxx xxx xxxx xxxxxxxx $1,815 May 2020 2.3% 185.3%
xxx xx xxxxxxxxx xxxxxxxx $15,919 Jun 2023 2.3% 22.0%
xxx xx xxx xxx $219 Nov 2022 2.2% 74.3%
xxxx xx xxx xxxxxx xxxxxxxxx $360 Jan 2022 2.2% 63.8%
xxx xx xxxxxxx xxxxxxxx $484 May 2020 2.1% 299.3%

Sector and Market Cap Exposure

Sector Weight
Industrials 31.7%
Real Estate 18.8%
Consumer Discretionary 16.8%
Financials 12.1%
Materials 6.9%
Information Technology 4.4%
Consumer Staples 3.9%
Health Care 3.2%
Energy 2.2%
Communication Services 0.0%
Utilities 0.0%
Market Cap Weight
Small (<1B) 78.9%
Medium (1-3B) 16.6%
Large (>3B) 4.5%
Average $1,119
Median $389

Disclaimer

The information, data, and materials presented on this website are provided for informational purposes only and do not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any financial product. The analysis is based solely on Smartkarma’s proprietary research and data. No third-party data sources have been used in the creation or dissemination of these Indices unless otherwise stated explicitly. Unauthorized reproduction, redistribution, or systematic retrieval of any content on this website—whether in whole or in part—is strictly prohibited without prior written permission from Smartkarma. However, brief excerpts or references may be used with appropriate attribution to Smartkarma, provided such use does not distort the original context. While Smartkarma makes reasonable efforts to ensure the accuracy and timeliness of the information presented, no warranty, express or implied, is given as to its accuracy, completeness, or suitability for any particular purpose. Smartkarma accepts no liability for any loss or damage arising from the use of or reliance on this information. Past performance is not indicative of future results. The Indices do not guarantee any return and should not be used as the sole basis for any investment decision. Smartkarma reserves the right to modify, suspend, or discontinue any aspect of the Indices or this website at any time without notice.


Copyright © Smartkarma. No reproduction in whole or in part without explicit written permission.

SK SG SMIDCAP VUP

The SK SG SMIDCAP VUP Index is a proprietary 50-stock index constructed by Smartkarma, leveraging the firm’s SmartScores™ (TM Pending) framework. The index is designed to capture broad-based upside participation across Singapore-listed Small and Mid Market Capitalisation equities while managing downside risks through disciplined, research-driven signals.


The index embodies Smartkarma’s Value-Up (VUP) philosophy—focusing on companies that demonstrate capital efficiency, minority-frinedliness, sustainable returns, and strong market signals. It is built on a foundation of independent research and proprietary data.


Key Features

  • Momentum Tilt: Preference for stocks with strong market cap growth and liquidity turnover, capturing upside trends.
  • Resilience Tilt: Emphasis on robust balance sheets and profitability metrics to reduce risk exposure.
  • Smartkarma SmartScores™: Compound scoring system integrating value, dividend, growth, resilience, and momentum factors.
  • Active Risk Overlay: Universal and dynamic stop-loss triggers to limit drawdowns and respond to negative price movements.
  • Monthly Rebalancing: Index is refreshed monthly to reflect updated fundamentals and market dynamics.

Last Updated: Aug 2025

Performance (since May 2020) 114.4%
CAGR 15.4%
SmartScore 3.81
PE 11.55
PB 1.05
Dividend Yield 5.81

Index Performance

Periodic Performance

Period Strategy Benchmark Outperformance
1 Month 4.4% 4.1% 0.3%
3 Months 18.0% 8.0% 9.9%
6 Months 27.4% 8.6% 18.8%
12 Months 34.1% 21.5% 12.7%
Since Inception 114.4% 62.0% 52.4%

Calendar Performance

Year Strategy Benchmark Outperformance
2020 32.8% 9.8% 23.0%
2021 18.0% 10.1% 7.9%
2022 -6.5% 6.3% -12.8%
2023 -0.2% -6.1% 5.9%
2024 13.6% 21.4% -7.8%
2025 29.3% 10.7% 18.6%

Holdings Data (as of Aug 2025)

Top 20 Holdings

Symbol Name Market Cap Entry Date % Assets % Return
xxxx xx xxxxxxxx xxxxxxxxx xxxxxxxx $208 May 2020 4.3% 640.2%
xxx xx xxx xxxxxxxx $229 Dec 2023 4.1% 399.3%
xxxx xx xxxxxxxxx xxxx $1,133 May 2020 4.0% 490.8%
xxx xx xxxx xxxxx xxxx $968 May 2020 4.0% 315.1%
xxxxx xx xxxxxxxxxxx xxxxxxxxx xxxxxxx $2,532 Jan 2025 3.1% 142.0%
xxxx xx xxxx xxxxxx xxxxxxxx xxx $70 May 2020 3.1% 250.7%
xx xx xxxxx xxxx xxx $222 May 2020 3.0% 525.2%
xxx xx xxxxxxx xxxx $132 May 2020 3.0% 338.5%
xxx xx xxxxxxx xxxxxxxxxxxxx $205 May 2020 2.9% 206.0%
xxxx xx xxx xxx xxxx xxxxxxxx $1,815 May 2020 2.7% 185.3%
xxx xx xxxxx xxxxxxxxxxxxx $31 May 2020 2.7% 382.8%
xxx xx xxxx xxxxxx xxxxxxxx $940 Nov 2023 2.6% 129.6%
xxx xx xxx xxxxx xxxxx xxxxxxxx $95 Nov 2024 2.5% 77.6%
xxxx xx xxx xxx xxxx $2,373 May 2024 2.3% 54.2%
xxx xx xxx xxx $48 Apr 2025 2.3% 22.2%
xxx xx xxx xxxxxxxxxxxxx $100 May 2020 2.2% 127.1%
xxx xx xxx xxxxxxxx $40 Oct 2020 2.2% 122.3%
xxxx xx xxxx xxxx xxxx xxxxxxxx $183 May 2020 2.2% 125.3%
xxxx xx xxxxxxxx xxxxxxxx xxxx $418 Nov 2022 2.1% 81.8%
xxx xx xxx xxx $219 Nov 2022 2.0% 74.3%

Sector and Market Cap Exposure

Sector Weight
Industrials 25.4%
Consumer Discretionary 20.4%
Financials 15.4%
Real Estate 15.3%
Materials 9.1%
Information Technology 6.3%
Consumer Staples 4.2%
Health Care 2.7%
Energy 1.3%
Communication Services 0.0%
Utilities 0.0%
Market Cap Weight
Small (<1B) 78.9%
Medium (1-3B) 21.1%
Large (>3B) 0.0%
Average $663
Median $290

Disclaimer

The information, data, and materials presented on this website are provided for informational purposes only and do not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any financial product. The analysis is based solely on Smartkarma’s proprietary research and data. No third-party data sources have been used in the creation or dissemination of these Indices unless otherwise stated explicitly. Unauthorized reproduction, redistribution, or systematic retrieval of any content on this website—whether in whole or in part—is strictly prohibited without prior written permission from Smartkarma. However, brief excerpts or references may be used with appropriate attribution to Smartkarma, provided such use does not distort the original context. While Smartkarma makes reasonable efforts to ensure the accuracy and timeliness of the information presented, no warranty, express or implied, is given as to its accuracy, completeness, or suitability for any particular purpose. Smartkarma accepts no liability for any loss or damage arising from the use of or reliance on this information. Past performance is not indicative of future results. The Indices do not guarantee any return and should not be used as the sole basis for any investment decision. Smartkarma reserves the right to modify, suspend, or discontinue any aspect of the Indices or this website at any time without notice.


Copyright © Smartkarma. No reproduction in whole or in part without explicit written permission.

SK SG LARGECAP VUP

The SK SG LARGECAP VUP Index is a proprietary 30-stock index constructed by Smartkarma, leveraging the firm’s SmartScores™ (TM Pending) framework. The index is designed to capture broad-based upside participation across Singapore-listed Large Market Capitalisation equities while managing downside risks through disciplined, research-driven signals.


The index embodies Smartkarma’s Value-Up (VUP) philosophy—focusing on companies that demonstrate capital efficiency, minority-frinedliness, sustainable returns, and strong market signals. It is built on a foundation of independent research and proprietary data.


Key Features

  • Momentum Tilt: Preference for stocks with strong market cap growth and liquidity turnover, capturing upside trends.
  • Resilience Tilt: Emphasis on robust balance sheets and profitability metrics to reduce risk exposure.
  • Smartkarma SmartScores™: Compound scoring system integrating value, dividend, growth, resilience, and momentum factors.
  • Active Risk Overlay: Universal and dynamic stop-loss triggers to limit drawdowns and respond to negative price movements.
  • Monthly Rebalancing: Index is refreshed monthly to reflect updated fundamentals and market dynamics.

Last Updated: Aug 2025

Performance (since May 2020) 47.5%
CAGR 7.6%
SmartScore 3.47
PE 19.89
PB 2.19
Dividend Yield 4.28

Index Performance

Periodic Performance

Period Strategy Benchmark Outperformance
1 Month 0.1% 4.1% -4.0%
3 Months -2.6% 8.0% -10.7%
6 Months 2.5% 8.6% -6.1%
12 Months 5.6% 21.5% -15.9%
Since Inception 47.5% 62.0% -14.5%

Calendar Performance

Year Strategy Benchmark Outperformance
2020 16.1% 9.8% 6.4%
2021 3.0% 10.1% -7.1%
2022 7.5% 6.3% 1.2%
2023 2.8% -6.1% 8.9%
2024 10.8% 21.4% -10.6%
2025 0.7% 10.7% -10.1%

Holdings Data (as of Aug 2025)

Top 20 Holdings

Symbol Name Market Cap Entry Date % Assets % Return
xxx xx xxx $13,114 Jul 2020 5.8% 147.2%
xxx xx xxxxxxxx xxxxxxxxxx $10,404 Sep 2020 5.6% 835.5%
xxx xx xxxxxx xxxx $11,612 Nov 2020 5.5% 303.9%
xxx xx xx xxxxxxxxxxx $20,768 May 2020 5.2% 263.3%
xx xx xxxxxxx $49,551 Nov 2020 5.2% 132.4%
xxxx xx xxxx $58,123 May 2020 5.1% 164.7%
xxx xx xxx $46,131 May 2020 4.9% 150.2%
xxx xx xxx $103,722 May 2020 4.9% 273.6%
xxx xx xxxxxxxxx xxxxxxxx $15,919 Oct 2022 4.7% 72.1%
xxxx xx xxxx $3,650 Jun 2023 4.1% 34.5%
xxxx xx xxxxxxxxxx xxxxxxxxxx xxxxxxxxxx xxxxx $12,338 May 2020 3.8% 58.3%
xxxx xx xxxxxxxxxx xxxxxxxx xxxx $9,718 Oct 2022 3.6% 32.1%
xxx xx xxxx xxxxxxxxxxxx $4,221 Aug 2024 3.6% 18.1%
xxx xx xxxxxxxx $5,996 Jul 2025 3.6% 10.9%
xxx xx xxx xxxxx $4,502 Jul 2025 3.5% 8.2%
xxx xx xxxx xxxxx $3,066 Jul 2025 3.4% 4.8%
xxxxxxx xx xxxxxx xx xxxx $3,907 Jan 2025 3.3% 9.2%
xxxx xx xxxxxxx xxxxx x xxxxxxxx $7,854 May 2020 3.3% 67.3%
xxx xx xxxxxxxxxx xxxxxxxxxx xxxxx $10,590 Jul 2025 3.3% 1.9%
xxx xx xxxxxxxxx xxx xxxx xxxxxxxxxx xxxxx $5,195 Nov 2023 3.2% 13.0%

Sector and Market Cap Exposure

Sector Weight
Real Estate 33.1%
Industrials 28.6%
Financials 20.7%
Consumer Discretionary 6.2%
Consumer Staples 6.2%
Communication Services 5.2%
Materials 0.0%
Information Technology 0.0%
Health Care 0.0%
Energy 0.0%
Utilities 0.0%
Market Cap Weight
Small (<1B) 0.0%
Medium (1-3B) 0.0%
Large (>3B) 100.0%
Average $17,348
Median $9,718

Disclaimer

The information, data, and materials presented on this website are provided for informational purposes only and do not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any financial product. The analysis is based solely on Smartkarma’s proprietary research and data. No third-party data sources have been used in the creation or dissemination of these Indices unless otherwise stated explicitly. Unauthorized reproduction, redistribution, or systematic retrieval of any content on this website—whether in whole or in part—is strictly prohibited without prior written permission from Smartkarma. However, brief excerpts or references may be used with appropriate attribution to Smartkarma, provided such use does not distort the original context. While Smartkarma makes reasonable efforts to ensure the accuracy and timeliness of the information presented, no warranty, express or implied, is given as to its accuracy, completeness, or suitability for any particular purpose. Smartkarma accepts no liability for any loss or damage arising from the use of or reliance on this information. Past performance is not indicative of future results. The Indices do not guarantee any return and should not be used as the sole basis for any investment decision. Smartkarma reserves the right to modify, suspend, or discontinue any aspect of the Indices or this website at any time without notice.


Copyright © Smartkarma. No reproduction in whole or in part without explicit written permission.

SK SG ALLCAP-LQD VUP

The SK SG ALLCAP-LQD VUP Index is a proprietary 50-stock index constructed by Smartkarma, leveraging the firm’s SmartScores™ (TM Pending) framework. The index is designed to capture broad-based upside participation across Singapore-listed liquid equities while managing downside risks through disciplined, research-driven signals.


The index embodies Smartkarma’s Value-Up (VUP) philosophy—focusing on companies that demonstrate capital efficiency, minority-frinedliness, sustainable returns, and strong market signals. It is built on a foundation of independent research and proprietary data.


Key Features

  • Momentum Tilt: Preference for stocks with strong market cap growth and liquidity turnover, capturing upside trends.
  • Resilience Tilt: Emphasis on robust balance sheets and profitability metrics to reduce risk exposure.
  • Smartkarma SmartScores™: Compound scoring system integrating value, dividend, growth, resilience, and momentum factors.
  • Active Risk Overlay: Universal and dynamic stop-loss triggers to limit drawdowns and respond to negative price movements.
  • Monthly Rebalancing: Index is refreshed monthly to reflect updated fundamentals and market dynamics.
  • ADTV Cutoff: USD 500K minimum ADTV to ensure liquidity

Last Updated: Aug 2025

Performance (since May 2020) 75.0%
CAGR 11.1%
SmartScore 3.61
PE 15.25
PB 1.83
Dividend Yield 4.88

Index Performance

Periodic Performance

Period Strategy Benchmark Outperformance
1 Month 5.4% 4.1% 1.3%
3 Months 10.8% 8.0% 2.8%
6 Months 21.3% 8.6% 12.8%
12 Months 24.2% 21.5% 2.8%
Since Inception 75.0% 62.0% 13.0%

Calendar Performance

Year Strategy Benchmark Outperformance
2020 27.1% 9.8% 17.4%
2021 10.4% 10.1% 0.3%
2022 -1.1% 6.3% -7.4%
2023 -0.9% -6.1% 5.3%
2024 5.8% 21.4% -15.6%
2025 20.2% 10.7% 9.5%

Holdings Data (as of Aug 2025)

Top 20 Holdings

Symbol Name Market Cap Entry Date % Assets % Return
xxx xx xxxx xxxxxx xxxxxxxx $940 May 2023 4.1% 155.1%
xxxxx xx xxxxxxxxxxx xxxxxxxxx xxxxxxx $2,532 Jan 2025 3.6% 154.0%
xxx xx xxxxxxxx xxxxxxxxxx $10,404 May 2020 3.6% 1140.7%
xxx xx xx xxxxxxxxxxx $20,768 May 2020 3.4% 265.3%
xxx xx xxx $103,722 May 2020 3.3% 279.9%
xxxx xx xxxxxxxxx xxxx xxxxxxxx xxxxx $1,786 Sep 2020 3.3% 227.6%
xxxx xx xxx xxxxxxxx $883 May 2020 3.3% 236.2%
xxx xx xxxxxx xxxx $11,612 Nov 2022 3.3% 130.0%
xxxx xx xxxx $58,123 May 2020 2.9% 164.7%
xxx xx xxx $46,131 May 2020 2.9% 150.4%
xxxx xx xxx xxxxxx xxxxxxxxx $360 Jan 2022 2.7% 66.9%
xxx xx xxxxxx xxxx xxxxxxxxx $2,490 May 2020 2.6% 125.4%
xxx xx xxx xxxxxx xxx $355 Jul 2020 2.4% 128.7%
xxxx xx xxx xxx xxxxxxxx $457 Jan 2025 2.3% 63.8%
xxx xx xxx $13,114 Dec 2023 2.2% 78.8%
xxxxxx xx xxxx xxxx xxxx $849 May 2020 2.1% 87.3%
xxxx xx xxx xxx xxxx $2,373 May 2020 2.0% 77.3%
xx xx xxxxx xxxxxxxxx $1,825 May 2020 2.0% 76.3%
xxxx xx xxx xxxx xxxxxxxxxxx xxxxx $927 May 2020 2.0% 73.0%
xxxx xx xxxxxxx xxxxx x xxxxxxxx $7,854 May 2020 2.0% 72.9%

Sector and Market Cap Exposure

Sector Weight
Real Estate 27.3%
Industrials 23.2%
Financials 18.2%
Consumer Staples 11.7%
Information Technology 7.0%
Consumer Discretionary 4.8%
Energy 4.2%
Health Care 2.0%
Communication Services 1.5%
Materials 0.0%
Utilities 0.0%
Market Cap Weight
Small (<1B) 31.0%
Medium (1-3B) 33.7%
Large (>3B) 35.2%
Average $7,997
Median $2,490

Disclaimer

The information, data, and materials presented on this website are provided for informational purposes only and do not constitute investment advice, a recommendation, or an offer or solicitation to buy or sell any financial product. The analysis is based solely on Smartkarma’s proprietary research and data. No third-party data sources have been used in the creation or dissemination of these Indices unless otherwise stated explicitly. Unauthorized reproduction, redistribution, or systematic retrieval of any content on this website—whether in whole or in part—is strictly prohibited without prior written permission from Smartkarma. However, brief excerpts or references may be used with appropriate attribution to Smartkarma, provided such use does not distort the original context. While Smartkarma makes reasonable efforts to ensure the accuracy and timeliness of the information presented, no warranty, express or implied, is given as to its accuracy, completeness, or suitability for any particular purpose. Smartkarma accepts no liability for any loss or damage arising from the use of or reliance on this information. Past performance is not indicative of future results. The Indices do not guarantee any return and should not be used as the sole basis for any investment decision. Smartkarma reserves the right to modify, suspend, or discontinue any aspect of the Indices or this website at any time without notice.


Copyright © Smartkarma. No reproduction in whole or in part without explicit written permission.