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Solactive

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uuid00003m9

Namestring
Solactive
Legal namestring
Solactive AG
Websiteurl
solactive.com
Company typeenum
Private
Founded yearint
2007
Descriptiontext

Solactive AG is a Frankfurt-based index provider founded in 2007 that develops, calculates, licenses, and administers custom indices for ETFs, ETNs, structured products, and certificates worldwide. The company serves leading global investment banks and asset managers as its primary customers, offering tailor-made and multi-asset class index solutions across equities, fixed income, derivatives, commodities, currencies, and multi-asset portfolios, with flexible weighting schemes, return types (PR/NTR/AR/ER/TR), rebalancing frequencies, and tradability criteria. As of 2026, Solactive operates five locations across four continents (Frankfurt headquarters, Amsterdam via wholly-owned Global Property Research B.V., Toronto via Solactive Americas Inc., and Hong Kong via Solactive APAC Limited), with approximately 300 employees of over 50 nationalities.

The company's core technology is an index engineering platform anchored by the proprietary ARTIS® thematic index engine, which applies Big Data analysis and a proprietary Natural Language Processing (NLP) algorithm to identify companies exposed to thematic value chains (such as SMR/nuclear, AI semiconductors, humanoid robotics, gaming, and biopharma) that traditional sector classifications would miss. This is combined with the Solactive Global Benchmark Series (GBS), a bottom-up constructed benchmark framework covering 24 developed and 26 emerging market countries, plus an open-architecture ESG framework supporting Paris-Aligned Benchmarks, Climate Transition indices, and TCFD-aligned sustainability metrics. The Solactive index library contains 15,212+ indices.

Solactive generates revenue through three streams: (1) recurring index licensing royalties from financial instrument issuers embedding Solactive indices as the underlying benchmark of ETFs, ETNs, structured products, and certificates listed on global exchanges; (2) custom index development services for clients seeking bespoke designs; and (3) index calculation and administration services, including acting as index calculation agent for third-party index families (e.g., Trading Central TC Quant Indexes, J.P. Morgan Mansart iCubed Global Sustainability, 7RCC Kaiko Bitcoin Carbon Credit Index). Pricing is quote-based and not publicly disclosed. The company is privately held (Frankfurt-registered Aktiengesellschaft, HRB 79986), received a $60.4M growth round from Summit Partners in December 2020, and has executed two disclosed acquisitions: primervoto GmbH (April 2018) and Global Property Research B.V. (December 2021).

Short descriptiontext

Solactive AG is a Frankfurt-based, privately held index provider founded in 2007 that develops, calculates, and licenses tailor-made multi-asset indices for ETFs, ETNs, and structured products, serving leading global investment banks and asset managers with a 15,212+ index library across equities, fixed income, ESG, and thematics.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersFrankfurt, Germany
HQ citystring
Frankfurt
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
index calculation services, benchmark index licensing, custom index development, thematic index engineering, ESG index solutions
Industry1 code
PRIMARYFSACAMAH
Fund/Index-Linked Notes (ETF/Mutual Fund/Custom Index)
NAICS code1 code
  • Investment Banking and Securities Intermediation523150
SIC code2 codes
  • Security Brokers, Dealers & Flotation Companies6211
  • Security & Commodity Brokers, Dealers, Exchanges & Services6200
Product category
Financial Index Services
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Index Licensing Royalties
TypeLicensing Royalties
Description

Recurring licensing fees earned from financial instrument issuers (ETFs, ETNs, structured products, certificates, funds) that use Solactive indices as the underlying benchmark. Solactive does not sponsor, promote, sell, or support the financial instruments but receives licensing royalties for use of its index intellectual property. Indices are licensed globally across multiple exchanges and product types.

solactive.com
2Custom Index Development Services
TypeProfessional Services
Description

Professional services revenue from developing tailor-made indices for clients, ranging from concepts jointly developed with clients to fully bespoke index designs. The index development offering spans asset classes, strategies, countries/sectors, weighting schemes, return types, and rebalancing frequencies.

solactive.com
3Index Calculation & Administration Services
TypeManaged Services
Description

Ongoing calculation, dissemination, and administration of client indices (including for ETF issuers and asset managers); Solactive also serves as index calculation agent for third-party index families (e.g., Trading Central TC Quant Indexes, J.P. Morgan Mansart funds, 7RCC Kaiko Bitcoin Carbon Credit Index).

solactive.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details1 tier
1Custom/tailor-made index development and licensing — quote-based
ModelOther
Notes

Quote-based / not publicly disclosed. Pricing depends on index complexity, asset class, methodology, and licensing scope.

solactive.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 4 records shown
1ARTIS
Description

Solactive's proprietary thematic indexing platform that uses big data and natural language processing (NLP) to identify company exposures to themes and translate them into investable indices.

solactive.com
+3 more records
Core offering1 text field

Solactive develops, calculates, and distributes tailor-made and multi-asset class index solutions for ETFs, ETNs, structured products, certificates, and other index-linked investment products. The offering spans the Global Benchmark Series, Classic Benchmarks, Thematics, ESG/climate indices, and fully customized indices across equities, fixed income, derivatives, commodities, currencies, and multi-asset classes. Solactive also acts as an index calculation agent for third-party index families and licenses its indices to financial instrument issuers worldwide.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 15,212+ indices in the Solactive library
+3 more records
Product and service7 records
1Solactive Global Benchmark Series (GBS)
CategoryEquity Benchmark Indices
Description

Bottom-up constructed framework of global benchmark indices covering 24 developed and 26 emerging market countries with country indices that can be compiled into any regional combination, dynamic size segments defined by relative market capitalization, multiple weighting schemes, currency versions, and return types per country. Used by ETF issuers, asset managers, and institutional investors as benchmarks or starting universes.

2Classic Benchmarks
CategoryBenchmark Indices
Description

Set of Solactive Classic Benchmark indices designed to track popular segments of the stock and bond markets, used by ETF issuers and asset managers for standard index-linked product issuance.

3Thematic Indices (powered by ARTIS®)
CategoryThematic Indices
Description

Thematic index solutions built using Solactive's proprietary ARTIS® engine, which applies Big Data analysis and a Natural Language Processing (NLP) algorithm to company reports, financial news, and social media to identify meaningful relationships between thematic keywords and active companies. Enables thematic index ideas that are not captured by traditional sector classifications.

4ESG and Sustainability Index Solutions
CategoryESG / Sustainability Indices
Description

Open architecture ESG index offering covering the full value chain from ESG data, ESG index and strategy design, and accompanying services. Supports Paris-Aligned Benchmarks, Climate Transition indices, and sustainability metrics including emissions, water usage, and waste management, aligned with TCFD recommendations and EU BMR requirements.

5Customized / Tailor-Made Index Development
CategoryCustom Index Development Services
Description

Professional service developing tailor-made indices for clients, ranging from concepts jointly developed with clients to fully bespoke index designs. Spans virtually any asset class (equities, fixed income, derivatives, commodities, currencies, interest rates, alternatives, multi-asset) with configurable weighting, return type (PR, NTR, AR, ER, TR), cash treatment, rebalancing frequency (annual, semi-annual, quarterly, daily), and tradability/liquidity criteria. Used by global investment banks, asset managers, and ETF issuers.

6Index Calculation & Administration Services
CategoryIndex Calculation & Administration
Description

Ongoing calculation, dissemination, and administration of client indices for ETF issuers, asset managers, and institutional investors. Solactive also acts as index calculation agent for third-party index families (e.g., Trading Central TC Quant Indexes, J.P. Morgan Mansart's iCubed Global Sustainability Index, 7RCC Kaiko Bitcoin Carbon Credit Index), with alignment to IOSCO Principles for Financial Benchmarks and EU BMR.

7Global Property Research (GPR) Property Securities Indices
CategoryProperty Securities Indices
Description

Property securities index research and related global property index offerings delivered through Global Property Research B.V. (Amsterdam), a wholly-owned subsidiary of Solactive AG. Covers property securities indices and ESG-aware property benchmarking for real estate securities investors.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership22 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-23
Description

Lunate, an Abu Dhabi-based investment manager, is launching the first global GCC sharia-compliant dividend ETF on the Abu Dhabi Securities Exchange on June 23rd. The fund tracks the Solactive GCC Shariah Dividend Index, offering exposure to dividend-paying, sharia-compliant companies across the UAE, Saudi Arabia, and Qatar. The listing marks Lunate's 20th ETF on ADX, with BNY Mellon as global custodian.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-18
Description

Evolve's HERO ETF on the Toronto Stock Exchange tracks the Solactive eGaming Index and made a CAD 0.05 distribution. The fund carries a 0.70% management fee and provides exposure to the projected $178 billion global video game market. Evolve has also announced plans to launch the Evolve Big Six Canadian Banks UltraYield Index ETF (SIXY) on TSX.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-06-04
Description

7RCC Global and Teucrium Trading launched the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (NYSE Arca: BTCK) on June 4, 2026. Solactive serves as index calculation agent for the 7RCC Kaiko Bitcoin Carbon Credit Index, which combines approximately 80% Bitcoin with 20% regulated carbon credit futures from the EU ETS, California Cap-and-Trade, and RGGI programs. Gemini Trust Company holds the Bitcoin and U.S. Bank serves as custodian and administrator. The fund took nearly two and a half years to reach the market after filing with the SEC in 2023.

4Teucrium Trading, LLC
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-04
Description

Teucrium Trading, LLC co-sponsors the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (NYSE Arca: BTCK) as a series of Teucrium Commodity Trust. Teucrium is the sponsor of the BTCK product, with Gemini Trust Company holding the bitcoin and U.S. Bank serving as custodian and administrator.

businesswire.com
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-05-19
Description

Solactive expanded its collaboration with Desjardins with the launch of two fixed income ETFs: the Desjardins US Investment Grade Corporate Bond Index ETF (DUIG, listed on TSX May 19, 2026) tracking the Solactive Quarterly Select USD Investment Grade Corporate CAD TR Index, and the Desjardins Global Government Bond Index ETF (DGGB, listed on TSX June 2, 2026) tracking the Solactive G7 Government Bond CAD TR Index. Timo Pfeiffer, Chief Markets Officer at Solactive, commented on deepening the relationship across Desjardins' ETF offering in Canada.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-29
Description

Wedbush (with Dan Ives) launched the IVEP (AI Power & Infrastructure ETF) tracking the Solactive Wedbush AI Power & Infrastructure Index, holding industrial companies like GE Vernova, Energizer, and Eaton that support AI data centers. The launch was positioned as a lower-risk complement to the more tech-heavy IVES fund. Wedbush has filed a registration statement for the first ETF tracking the Solactive Indiggo ReturnOnLeadership US Large Cap Index.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-26
Description

Solactive and E Fund HK launched the E Fund (HK) Solactive Asia Semiconductor Select Index ETF (3486.HK) on the Hong Kong Stock Exchange on March 26, 2026, and the E Fund (HK) Solactive Biopharma Select Index ETF (3186.HK) on March 23, 2026. The biopharma ETF tracks 100 biopharmaceutical companies with 65% Hong Kong-listed and 35% US-listed allocation, rebalanced semi-annually. The partnership expanded following their earlier biopharma collaboration, reflecting demand for thematic equity strategies tied to Asia's semiconductor supply chain.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-03-25
Description

On March 25, 2026, Solactive partnered with Trading Central and LongPoint to launch four ETFs (TCCA, TCUS, TCEU, TCWW) on the Toronto Stock Exchange, tracking regional TC Quant Indexes built on Trading Central's TC Quantamental Ratings with Solactive as the index calculation agent. The products are distributed through LongPoint ETFs' Partnership platform. This is Trading Central's expansion into the North American ETF market.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-18
Description

Solactive's first collaboration with ChinaAMC HK to launch the ChinaAMC HK-US AI ETF (3140.HK/9140.HK/83140.HK) on the Hong Kong Stock Exchange on March 18, 2026. The ETF tracks the Solactive G2 AI 50 Select Index with up to 50 AI-related constituents and a regional allocation of 62% Hong Kong-listed and 38% US-listed securities.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-10
Description

Solactive and KB Asset Management launched the RISE China AI Semiconductor Top 4 Plus ETF, tracking the Solactive China AI Semiconductor Top 4 Plus Index. The index comprises 15 companies listed in Hong Kong or accessible via Stock Connect, classified across Semiconductor Foundry, AI Chip, Optical Communication Module, and Materials & Equipment, with weights 10-15%. KB Asset Management also collaborated with Solactive on the KB RISE Global Game Tech TOP3 Plus ETF.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-03-06
Description

Four South Korean securities firms selected Solactive's Silver Total Return Leveraged Index family as the underlying indices for newly launched Silver Total Return ETNs on Korea Exchange (March 6, 2026). The ETNs provide investors with leveraged and inverse exposure to silver futures within a total return framework, capitalizing on silver's dual role as precious metal and industrial input.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-02-27
Description

Société Générale distributed a structured product called Target Robotics Février 2026 in France — a 10-year autocall offering linked to the Solactive Robotics and Industrial Innovation Selection Decrement 5% Index. The index includes companies such as Micron Technology, Siemens, ASML Holding, Nvidia, and Schneider Electric as of February 20, 2026.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-04
Description

Solactive's first collaboration with Indiggo to launch the Solactive Indiggo ReturnOnLeadership US Large Cap Index — the first systematic leadership index that translates corporate leadership quality into an investable product. The index comprises the top 50 constituents from the Solactive GBS United States 500 Index ranked by Indiggo's proprietary ReturnOnLeadership scores, weighted by leadership performance rather than market capitalization, with quarterly rebalancing.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-03
Description

Solactive partnered with Korea Investment Management to launch the KIM ACE US SMR Nuclear Top 10 ETF (ticker A0155M0) on the Korea Exchange on February 3, 2026. The ETF tracks US companies advancing Small Modular Reactor and nuclear energy technology, identified using Solactive's proprietary natural language processing algorithm. Positions the product around growing interest in SMRs as a power source for AI data centers.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-29
Description

Solactive and Global X Australia launched the Global X Silver Miners ETF (SLVM) on the Australian Securities Exchange on January 29, 2026, tracking the Solactive Global Silver Miners Index (20-40 companies, free-float market cap weighted, 22.5% cap per stock). Global X Australia also launched the Global X Humanoid Robotics ETF (HMND) on ASX tracking a Solactive index of 30 humanoid robotics companies.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-25
Description

Solactive announced its collaboration with Shinhan Asset Management to launch the SOL China Consumer Trend ETF, tracking the Solactive-KEDI China Consumer Trend Index. The index focuses on the fastest-growing consumer companies in Hong Kong and China, highlighting the shift toward consumer-driven growth in the region.

17Samsung Active Asset Management
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-11
Description

Samsung Active Asset Management launched the KoAct US Biohealthcare Active ETF in partnership with Solactive. The ETF targets US-listed biotechnology and biopharmaceutical companies, capitalizing on rapid growth and innovation in US biohealthcare supported by regulatory and demographic trends.

etfexpress.com
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-10-23
Description

Trading Central and Solactive announced the launch of the Solactive TC Quant Index family covering Europe, US, and Canada. The indices are built on Trading Central's TC Quantamental Ratings, designed to provide diversified, factor-aware equity baskets. Solactive serves as the index calculation agent.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-08-07
Description

J.P. Morgan Mansart launched a new global equity fund that tracks the Solactive iCubed Global Sustainability Index, emphasizing sustainability metrics such as emissions reduction, water usage, and waste management. The index aims to improve SDG alignment and governance factors. The fund is designed for institutional investors seeking enhanced sustainability without sacrificing performance tracking.

Strategic tierMinorTypeOthers
Description

BNY Mellon serves as global custodian for Lunate's GCC Sharia-Compliant Dividend ETF, supporting the fund's launch on the Abu Dhabi Securities Exchange.

Strategic tierMinorTypeOthers
Description

Gemini Trust Company holds the bitcoin custody for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK), supporting the 80% Bitcoin allocation component.

Strategic tierMinorTypeOthers
Description

U.S. Bank serves as custodian and administrator for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK).

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

London Stock Exchange Group's index business (FTSE 100, Russell 2000, WGBI). Directly competes in developed/emerging market benchmarks and ESG index families that overlap with Solactive's GBS.

TypeBroad incumbent
Description

Bloomberg's index business (Bloomberg Barclays fixed income, commodity and multi-asset indices). Competes with Solactive in fixed income, commodity and multi-asset index design and licensing.

TypeDirect peer
Description

Index and analytics provider formed from the merger of STOXX's analytics arm and Axioma. Directly competes with Solactive in custom, factor, ESG and thematic index design for institutional and ETF clients.

TypeBroad incumbent
Description

European index provider owned by Deutsche Börse (EuroStoxx 50, DAX). Overlaps with Solactive in European equity benchmarks, thematics and ESG indices, and competes for the same ETF issuers in EMEA.

TypeDirect peer
Description

Mid-sized index provider offering broad-market, style, factor and ESG indices licensed to ETF issuers. Closest direct competitor in size and positioning, with a similar mix of benchmarking, thematics and ESG offerings.

TypeEmerging player
Description

Smaller thematic and custom index provider licensing to ETF issuers globally. Competes in the same emerging thematic space (technology, sustainability, custom) as Solactive's ARTIS®-driven franchise.

TypeBroad incumbent
Description

Major US-based index provider (S&P 500, Dow Jones, thematic and ESG families). Competes with Solactive in equity benchmarking, thematic indices and ESG index licensing for ETFs and structured products.

TypeBroad incumbent
Description

Largest global index provider (MSCI World, MSCI EM, MSCI ESG) and the primary incumbent Solactive positions against. Directly comparable business: index design, calculation and licensing for ETFs, structured products and asset-owner benchmarks.

TypeBroad incumbent
Description

Intercontinental Exchange's index franchise (NYSE, ICE BofA fixed income, commodity indices). Competes in fixed income, commodity and multi-asset index licensing for ETFs and structured products.

TypeEmerging player
Description

Van Eck-affiliated index provider focused on thematic, digital assets and hard-asset indices. Overlaps with Solactive in thematic and digital-asset-linked index licensing (e.g., the Bitcoin/carbon credit space).

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat7 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights8 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers18 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment4 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Solactive

Financial Index Servicessolactive.com

Solactive AG is a Frankfurt-based, privately held index provider founded in 2007 that develops, calculates, and licenses tailor-made multi-asset indices for ETFs, ETNs, and structured products, serving leading global investment banks and asset managers with a 15,212+ index library across equities, fixed income, ESG, and thematics.

What Solactive does

Solactive AG is a Frankfurt-based index provider founded in 2007 that develops, calculates, licenses, and administers custom indices for ETFs, ETNs, structured products, and certificates worldwide. The company serves leading global investment banks and asset managers as its primary customers, offering tailor-made and multi-asset class index solutions across equities, fixed income, derivatives, commodities, currencies, and multi-asset portfolios, with flexible weighting schemes, return types (PR/NTR/AR/ER/TR), rebalancing frequencies, and tradability criteria. As of 2026, Solactive operates five locations across four continents (Frankfurt headquarters, Amsterdam via wholly-owned Global Property Research B.V., Toronto via Solactive Americas Inc., and Hong Kong via Solactive APAC Limited), with approximately 300 employees of over 50 nationalities.

The company's core technology is an index engineering platform anchored by the proprietary ARTIS® thematic index engine, which applies Big Data analysis and a proprietary Natural Language Processing (NLP) algorithm to identify companies exposed to thematic value chains (such as SMR/nuclear, AI semiconductors, humanoid robotics, gaming, and biopharma) that traditional sector classifications would miss. This is combined with the Solactive Global Benchmark Series (GBS), a bottom-up constructed benchmark framework covering 24 developed and 26 emerging market countries, plus an open-architecture ESG framework supporting Paris-Aligned Benchmarks, Climate Transition indices, and TCFD-aligned sustainability metrics. The Solactive index library contains 15,212+ indices.

Solactive generates revenue through three streams: (1) recurring index licensing royalties from financial instrument issuers embedding Solactive indices as the underlying benchmark of ETFs, ETNs, structured products, and certificates listed on global exchanges; (2) custom index development services for clients seeking bespoke designs; and (3) index calculation and administration services, including acting as index calculation agent for third-party index families (e.g., Trading Central TC Quant Indexes, J.P. Morgan Mansart iCubed Global Sustainability, 7RCC Kaiko Bitcoin Carbon Credit Index). Pricing is quote-based and not publicly disclosed. The company is privately held (Frankfurt-registered Aktiengesellschaft, HRB 79986), received a $60.4M growth round from Summit Partners in December 2020, and has executed two disclosed acquisitions: primervoto GmbH (April 2018) and Global Property Research B.V. (December 2021).

Solactive firmographics

Firmographics
Name
Solactive
Legal name
Solactive AG
Website
https://solactive.com
Company type
Private
Founded year
2007
Operating status
Operating
Headcount range
251–500 employees
Short description
Solactive AG is a Frankfurt-based, privately held index provider founded in 2007 that develops, calculates, and licenses tailor-made multi-asset indices for ETFs, ETNs, and structured products, serving leading global investment banks and asset managers with a 15,212+ index library across equities, fixed income, ESG, and thematics.
Ownership category
akta.pro rank

Solactive industry classification

Industry
Product category
Financial Index Services
NAICS
Investment Banking and Securities Intermediation (523150)
SIC
Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro industry
PRIMARYFSACAMAH
Fund/Index-Linked Notes (ETF/Mutual Fund/Custom Index)

Keywords

  • Index calculation services
  • Benchmark index licensing
  • Custom index development
  • Thematic index engineering
  • ESG index solutions

Where Solactive is headquartered

Location

Headquarters

HQ city
Frankfurt
HQ country
Germany
HQ region
Europe

Offices4 records

Markets served

Solactive business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Index Licensing Royalties: Recurring licensing fees earned from financial instrument issuers (ETFs, ETNs, structured products, certificates, funds) that use Solactive indices as the underlying benchmark. Solactive does not sponsor, promote, sell, or support the financial instruments but receives licensing royalties for use of its index intellectual property. Indices are licensed globally across multiple exchanges and product types.
  2. Custom Index Development Services: Professional services revenue from developing tailor-made indices for clients, ranging from concepts jointly developed with clients to fully bespoke index designs. The index development offering spans asset classes, strategies, countries/sectors, weighting schemes, return types, and rebalancing frequencies.
  3. Index Calculation & Administration Services: Ongoing calculation, dissemination, and administration of client indices (including for ETF issuers and asset managers); Solactive also serves as index calculation agent for third-party index families (e.g., Trading Central TC Quant Indexes, J.P. Morgan Mansart funds, 7RCC Kaiko Bitcoin Carbon Credit Index).

Pricing tiers

ModelBillingPrice
Other—Custom/tailor-made index development and licensing — quote-based

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Solactive product offering

Product offering

Core offering

Solactive develops, calculates, and distributes tailor-made and multi-asset class index solutions for ETFs, ETNs, structured products, certificates, and other index-linked investment products. The offering spans the Global Benchmark Series, Classic Benchmarks, Thematics, ESG/climate indices, and fully customized indices across equities, fixed income, derivatives, commodities, currencies, and multi-asset classes. Solactive also acts as an index calculation agent for third-party index families and licenses its indices to financial instrument issuers worldwide.

Differentiator

Problem solved

Functional benefit

Brands

  • ARTIS: Solactive's proprietary thematic indexing platform that uses big data and natural language processing (NLP) to identify company exposures to themes and translate them into investable indices.
  • Solactive GBS (Global Benchmark Series)
  • Intuitive Beta
  • German Index Engineering

Products and services

  • Solactive Global Benchmark Series (GBS) Bottom-up constructed framework of global benchmark indices covering 24 developed and 26 emerging market countries with country indices that can be compiled into any regional combination, dynamic size segments defined by relative market capitalization, multiple weighting schemes, currency versions, and return types per country. Used by ETF issuers, asset managers, and institutional investors as benchmarks or starting universes.
  • Classic Benchmarks Set of Solactive Classic Benchmark indices designed to track popular segments of the stock and bond markets, used by ETF issuers and asset managers for standard index-linked product issuance.
  • Thematic Indices (powered by ARTIS®) Thematic index solutions built using Solactive's proprietary ARTIS® engine, which applies Big Data analysis and a Natural Language Processing (NLP) algorithm to company reports, financial news, and social media to identify meaningful relationships between thematic keywords and active companies. Enables thematic index ideas that are not captured by traditional sector classifications.
  • ESG and Sustainability Index Solutions Open architecture ESG index offering covering the full value chain from ESG data, ESG index and strategy design, and accompanying services. Supports Paris-Aligned Benchmarks, Climate Transition indices, and sustainability metrics including emissions, water usage, and waste management, aligned with TCFD recommendations and EU BMR requirements.
  • Customized / Tailor-Made Index Development Professional service developing tailor-made indices for clients, ranging from concepts jointly developed with clients to fully bespoke index designs. Spans virtually any asset class (equities, fixed income, derivatives, commodities, currencies, interest rates, alternatives, multi-asset) with configurable weighting, return type (PR, NTR, AR, ER, TR), cash treatment, rebalancing frequency (annual, semi-annual, quarterly, daily), and tradability/liquidity criteria. Used by global investment banks, asset managers, and ETF issuers.
  • Index Calculation & Administration Services Ongoing calculation, dissemination, and administration of client indices for ETF issuers, asset managers, and institutional investors. Solactive also acts as index calculation agent for third-party index families (e.g., Trading Central TC Quant Indexes, J.P. Morgan Mansart's iCubed Global Sustainability Index, 7RCC Kaiko Bitcoin Carbon Credit Index), with alignment to IOSCO Principles for Financial Benchmarks and EU BMR.
  • Global Property Research (GPR) Property Securities Indices Property securities index research and related global property index offerings delivered through Global Property Research B.V. (Amsterdam), a wholly-owned subsidiary of Solactive AG. Covers property securities indices and ESG-aware property benchmarking for real estate securities investors.

Quantifiable outcome

  • 15,212+ indices in the Solactive library
  • +3 more outcomes

Companies that use Solactive

Customer profile

Named customers18 records

Segments5 records

Ideal customer profiles4 records

Solactive technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Solactive partnerships and signals

Strategic signal

Partnerships

22 partnerships are on record, tiered core, flagship and minor.

  • LunatecoreStrategic or Co-development Partner · 23 June 2026Lunate, an Abu Dhabi-based investment manager, is launching the first global GCC sharia-compliant dividend ETF on the Abu Dhabi Securities Exchange on June 23rd. The fund tracks the Solactive GCC Shariah Dividend Index, offering exposure to dividend-paying, sharia-compliant companies across the UAE, Saudi Arabia, and Qatar. The listing marks Lunate's 20th ETF on ADX, with BNY Mellon as global custodian.
  • Evolve Funds Group Inc.coreStrategic or Co-development Partner · 18 June 2026Evolve's HERO ETF on the Toronto Stock Exchange tracks the Solactive eGaming Index and made a CAD 0.05 distribution. The fund carries a 0.70% management fee and provides exposure to the projected $178 billion global video game market. Evolve has also announced plans to launch the Evolve Big Six Canadian Banks UltraYield Index ETF (SIXY) on TSX.
  • 7RCC GlobalflagshipStrategic or Co-development Partner · 4 June 20267RCC Global and Teucrium Trading launched the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (NYSE Arca: BTCK) on June 4, 2026. Solactive serves as index calculation agent for the 7RCC Kaiko Bitcoin Carbon Credit Index, which combines approximately 80% Bitcoin with 20% regulated carbon credit futures from the EU ETS, California Cap-and-Trade, and RGGI programs. Gemini Trust Company holds the Bitcoin and U.S. Bank serves as custodian and administrator. The fund took nearly two and a half years to reach the market after filing with the SEC in 2023.
  • Teucrium Trading, LLCcoreStrategic or Co-development Partner · 4 June 2026Teucrium Trading, LLC co-sponsors the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (NYSE Arca: BTCK) as a series of Teucrium Commodity Trust. Teucrium is the sponsor of the BTCK product, with Gemini Trust Company holding the bitcoin and U.S. Bank serving as custodian and administrator.
  • Desjardins InvestmentsflagshipStrategic or Co-development Partner · 19 May 2026Solactive expanded its collaboration with Desjardins with the launch of two fixed income ETFs: the Desjardins US Investment Grade Corporate Bond Index ETF (DUIG, listed on TSX May 19, 2026) tracking the Solactive Quarterly Select USD Investment Grade Corporate CAD TR Index, and the Desjardins Global Government Bond Index ETF (DGGB, listed on TSX June 2, 2026) tracking the Solactive G7 Government Bond CAD TR Index. Timo Pfeiffer, Chief Markets Officer at Solactive, commented on deepening the relationship across Desjardins' ETF offering in Canada.
  • Wedbush Fund AdviserscoreStrategic or Co-development Partner · 29 April 2026Wedbush (with Dan Ives) launched the IVEP (AI Power & Infrastructure ETF) tracking the Solactive Wedbush AI Power & Infrastructure Index, holding industrial companies like GE Vernova, Energizer, and Eaton that support AI data centers. The launch was positioned as a lower-risk complement to the more tech-heavy IVES fund. Wedbush has filed a registration statement for the first ETF tracking the Solactive Indiggo ReturnOnLeadership US Large Cap Index.
  • E Fund Management (Hong Kong) Co., LimitedflagshipStrategic or Co-development Partner · 26 March 2026Solactive and E Fund HK launched the E Fund (HK) Solactive Asia Semiconductor Select Index ETF (3486.HK) on the Hong Kong Stock Exchange on March 26, 2026, and the E Fund (HK) Solactive Biopharma Select Index ETF (3186.HK) on March 23, 2026. The biopharma ETF tracks 100 biopharmaceutical companies with 65% Hong Kong-listed and 35% US-listed allocation, rebalanced semi-annually. The partnership expanded following their earlier biopharma collaboration, reflecting demand for thematic equity strategies tied to Asia's semiconductor supply chain.
  • LongPoint Asset Management Inc. and Trading Central SAflagshipStrategic or Co-development Partner · 25 March 2026On March 25, 2026, Solactive partnered with Trading Central and LongPoint to launch four ETFs (TCCA, TCUS, TCEU, TCWW) on the Toronto Stock Exchange, tracking regional TC Quant Indexes built on Trading Central's TC Quantamental Ratings with Solactive as the index calculation agent. The products are distributed through LongPoint ETFs' Partnership platform. This is Trading Central's expansion into the North American ETF market.
  • China Asset Management (Hong Kong) / ChinaAMC HKcoreStrategic or Co-development Partner · 18 March 2026Solactive's first collaboration with ChinaAMC HK to launch the ChinaAMC HK-US AI ETF (3140.HK/9140.HK/83140.HK) on the Hong Kong Stock Exchange on March 18, 2026. The ETF tracks the Solactive G2 AI 50 Select Index with up to 50 AI-related constituents and a regional allocation of 62% Hong Kong-listed and 38% US-listed securities.
  • KB Asset ManagementcoreStrategic or Co-development Partner · 10 March 2026Solactive and KB Asset Management launched the RISE China AI Semiconductor Top 4 Plus ETF, tracking the Solactive China AI Semiconductor Top 4 Plus Index. The index comprises 15 companies listed in Hong Kong or accessible via Stock Connect, classified across Semiconductor Foundry, AI Chip, Optical Communication Module, and Materials & Equipment, with weights 10-15%. KB Asset Management also collaborated with Solactive on the KB RISE Global Game Tech TOP3 Plus ETF.
  • KB Securities, Korea Investment Securities, Meritz Securities, and Samsung Securities (South Korean securities firms)coreChannel Partner/ Reseller/ Distributor · 6 March 2026Four South Korean securities firms selected Solactive's Silver Total Return Leveraged Index family as the underlying indices for newly launched Silver Total Return ETNs on Korea Exchange (March 6, 2026). The ETNs provide investors with leveraged and inverse exposure to silver futures within a total return framework, capitalizing on silver's dual role as precious metal and industrial input.
  • Société GénéralecoreChannel Partner/ Reseller/ Distributor · 27 February 2026Société Générale distributed a structured product called Target Robotics Février 2026 in France — a 10-year autocall offering linked to the Solactive Robotics and Industrial Innovation Selection Decrement 5% Index. The index includes companies such as Micron Technology, Siemens, ASML Holding, Nvidia, and Schneider Electric as of February 20, 2026.
  • Indiggo LLCcoreStrategic or Co-development Partner · 4 February 2026Solactive's first collaboration with Indiggo to launch the Solactive Indiggo ReturnOnLeadership US Large Cap Index — the first systematic leadership index that translates corporate leadership quality into an investable product. The index comprises the top 50 constituents from the Solactive GBS United States 500 Index ranked by Indiggo's proprietary ReturnOnLeadership scores, weighted by leadership performance rather than market capitalization, with quarterly rebalancing.
  • Korea Investment ManagementcoreStrategic or Co-development Partner · 3 February 2026Solactive partnered with Korea Investment Management to launch the KIM ACE US SMR Nuclear Top 10 ETF (ticker A0155M0) on the Korea Exchange on February 3, 2026. The ETF tracks US companies advancing Small Modular Reactor and nuclear energy technology, identified using Solactive's proprietary natural language processing algorithm. Positions the product around growing interest in SMRs as a power source for AI data centers.
  • Global X AustraliacoreStrategic or Co-development Partner · 29 January 2026Solactive and Global X Australia launched the Global X Silver Miners ETF (SLVM) on the Australian Securities Exchange on January 29, 2026, tracking the Solactive Global Silver Miners Index (20-40 companies, free-float market cap weighted, 22.5% cap per stock). Global X Australia also launched the Global X Humanoid Robotics ETF (HMND) on ASX tracking a Solactive index of 30 humanoid robotics companies.
  • Shinhan Asset ManagementcoreStrategic or Co-development Partner · 25 November 2025Solactive announced its collaboration with Shinhan Asset Management to launch the SOL China Consumer Trend ETF, tracking the Solactive-KEDI China Consumer Trend Index. The index focuses on the fastest-growing consumer companies in Hong Kong and China, highlighting the shift toward consumer-driven growth in the region.
  • Samsung Active Asset ManagementcoreStrategic or Co-development Partner · 11 November 2025Samsung Active Asset Management launched the KoAct US Biohealthcare Active ETF in partnership with Solactive. The ETF targets US-listed biotechnology and biopharmaceutical companies, capitalizing on rapid growth and innovation in US biohealthcare supported by regulatory and demographic trends.
  • Trading Central SAflagshipStrategic or Co-development Partner · 23 October 2025Trading Central and Solactive announced the launch of the Solactive TC Quant Index family covering Europe, US, and Canada. The indices are built on Trading Central's TC Quantamental Ratings, designed to provide diversified, factor-aware equity baskets. Solactive serves as the index calculation agent.
  • J.P. Morgan MansartcoreStrategic or Co-development Partner · 7 August 2025J.P. Morgan Mansart launched a new global equity fund that tracks the Solactive iCubed Global Sustainability Index, emphasizing sustainability metrics such as emissions reduction, water usage, and waste management. The index aims to improve SDG alignment and governance factors. The fund is designed for institutional investors seeking enhanced sustainability without sacrificing performance tracking.
  • BNY MellonminorOthersBNY Mellon serves as global custodian for Lunate's GCC Sharia-Compliant Dividend ETF, supporting the fund's launch on the Abu Dhabi Securities Exchange.
  • Gemini Trust CompanyminorOthersGemini Trust Company holds the bitcoin custody for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK), supporting the 80% Bitcoin allocation component.
  • U.S. BankminorOthersU.S. Bank serves as custodian and administrator for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK).

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Solactive competitors and assessment

Company assessment

Broad incumbents

  • FTSE Russell (LSEG): London Stock Exchange Group's index business (FTSE 100, Russell 2000, WGBI). Directly competes in developed/emerging market benchmarks and ESG index families that overlap with Solactive's GBS.
  • Bloomberg Index Services: Bloomberg's index business (Bloomberg Barclays fixed income, commodity and multi-asset indices). Competes with Solactive in fixed income, commodity and multi-asset index design and licensing.
  • STOXX (Deutsche Börse): European index provider owned by Deutsche Börse (EuroStoxx 50, DAX). Overlaps with Solactive in European equity benchmarks, thematics and ESG indices, and competes for the same ETF issuers in EMEA.
  • S&P Dow Jones Indices: Major US-based index provider (S&P 500, Dow Jones, thematic and ESG families). Competes with Solactive in equity benchmarking, thematic indices and ESG index licensing for ETFs and structured products.
  • MSCI Inc. Largest global index provider (MSCI World, MSCI EM, MSCI ESG) and the primary incumbent Solactive positions against. Directly comparable business: index design, calculation and licensing for ETFs, structured products and asset-owner benchmarks.
  • ICE (NYSE) Index Services: Intercontinental Exchange's index franchise (NYSE, ICE BofA fixed income, commodity indices). Competes in fixed income, commodity and multi-asset index licensing for ETFs and structured products.

Direct peers

  • Qontigo (Axel Springer): Index and analytics provider formed from the merger of STOXX's analytics arm and Axioma. Directly competes with Solactive in custom, factor, ESG and thematic index design for institutional and ETF clients.
  • Morningstar Indexes: Mid-sized index provider offering broad-market, style, factor and ESG indices licensed to ETF issuers. Closest direct competitor in size and positioning, with a similar mix of benchmarking, thematics and ESG offerings.

Emerging players

  • Indxx: Smaller thematic and custom index provider licensing to ETF issuers globally. Competes in the same emerging thematic space (technology, sustainability, custom) as Solactive's ARTIS®-driven franchise.
  • MarketVector (MV Index Solutions): Van Eck-affiliated index provider focused on thematic, digital assets and hard-asset indices. Overlaps with Solactive in thematic and digital-asset-linked index licensing (e.g., the Bitcoin/carbon credit space).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights8 records

Customer concentration

Solactive social profiles

Digital presence

Solactive financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Solactive leadership team

Management profile

Number of profiles

Profiles5 records

Solactive subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Solactive funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Solactive M&A and investment

M&A and investment

M&A2 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solactive

What does Solactive do?

Solactive develops, calculates, and distributes tailor-made and multi-asset class index solutions for ETFs, ETNs, structured products, certificates, and other index-linked investment products. The offering spans the Global Benchmark Series, Classic Benchmarks, Thematics, ESG/climate indices, and fully customized indices across equities, fixed income, derivatives, commodities, currencies, and multi-asset classes. Solactive also acts as an index calculation agent for third-party index families and licenses its indices to financial instrument issuers worldwide.

Is Solactive a public or private company?

Solactive is a private company. It is classified as venture growth investor backed and is currently operating.

When was Solactive founded?

Solactive was founded in 2007. It employs 251 to 500 people.

Where is Solactive based?

Solactive is headquartered in Frankfurt, Germany, in the Europe region.

How does Solactive make money?

Three revenue lines are on record. Index Licensing Royalties are the primary driver. The others are custom Index Development Services and index Calculation & Administration Services.

Who are Solactive's main competitors?

Broad incumbents on record are FTSE Russell (LSEG), Bloomberg Index Services, STOXX (Deutsche Börse), S&P Dow Jones Indices, MSCI Inc. and ICE (NYSE) Index Services. Direct peers are Qontigo (Axel Springer) and Morningstar Indexes. Emerging players are Indxx and MarketVector (MV Index Solutions).

Does Solactive have an API?

No public API is recorded for Solactive.

What industry is Solactive in?

Solactive's product category is Financial Index Services. Its primary akta.pro industry code is FSACAMAH, Fund/Index-Linked Notes (ETF/Mutual Fund/Custom Index). Its NAICS code is 523150 and its SIC code is 6211.

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Live signals
ETF ExpressNomura Asset Management launches NEXT FUNDS Solactive Global Memory Index ETFNomura Asset Management launched the NEXT FUNDS Solactive Global Memory Index ETF, tracking the Solactive Global Memory Index. The ETF, Japan's first global memory semiconductor ETF, lists on the Tokyo Stock Exchange under ticker 639A. It provides exposure to global memory companies across the value chain.ETF ExpressChinaAMC launches Cash Flow ETF and Asia’s first HALO ETFSolactive and ChinaAMC launched two ETFs: the ChinaAMC Franklin HK-US Equity Cash Flow Focus ETF and the ChinaAMC HK-US HALO ETF. The Cash Flow ETF tracks the Solactive G2 Cash Flow Index with 100 securities, while the HALO ETF tracks the Global HALO Select Index with 60 securities. Both are listed on the Hong Kong Stock Exchange in September 2026.ETF ExpressCSOP Solactive Asia AI Bottleneck Index ETF lists on HKEX: HKCSOP's Solactive Asia AI Bottleneck Index ETF (3499.HK) listed on HKEX at about HKD7.8 per unit, with a 0.99% management fee. The fund targets APAC semiconductor bottleneck champions, with Samsung, TSMC, and SK hynix as top three constituents. It rebalances quarterly and aims to give Hong Kong investors access to Asia's AI hardware supply chain.AInvestMirae Asset Launches Hong Kong's First Copper ETF with Solactive IndexMirae Asset Global Investments launched Hong Kong's first copper mining ETF, COPX, tracking the Solactive Copper Miners Index. The ETF debuted on the Stock Exchange of Hong Kong at $1 per share, as copper prices hit an all-time high amid supply shocks and strong demand. The International Energy Agency projects a 30% supply shortfall against anticipated demand by 2035.ETF ExpressGlobal X Copper Miners ETF is listed on Hong Kong Stock ExchangeGlobal X Copper Miners ETF, tracking the Solactive Copper Miners Index, is listed on the Hong Kong Stock Exchange on 15 September 2026. The index selects up to 30 copper companies by market cap, and as of 8 September 2026, the NTR version returned 85.65% over 360 days and 31.91% year-to-date.YahooMineros S.A. Added to MVIS Global Junior Gold Miners Index (GDXJ), Solactive Junior Gold Miners Custom Factors Index, FTSE Global Equity Index Series (Small Cap), and TEVAICOL ETF Reflecting Enhanced Institutional Investor ExposureMineros S.A. was added to the MVIS Global Junior Gold Miners Index, Solactive Junior Gold Miners Custom Factors Index, FTSE Global Equity Index Series, and TEVAICOL ETF. The changes take effect September 21, 2026, and the CEO said the inclusions will broaden shareholder access and enhance liquidity.ETF ExpressEvolve ETFs launches Evolve Global Defense & Aerospace Index ETF: CAMOEvolve ETFs launched CAMO, an ETF tracking the Solactive Global Leaders Defense & Aerospace Index, on the Toronto Stock Exchange on 20 August 2026. The index weights 75% to non-US companies and 25% to US, with 30 largest global defence and aerospace firms. Global military spending reached a record USD2.89 trillion in 2025, with two-thirds outside the US.247wallstThis ETF Owns the 100 Highest-Yielding Stocks on Earth and Pays $768 a Month on $100,000. Here’s the Catch.The Global X SuperDividend ETF (SDIV) holds the 100 highest-yielding global stocks, tracking the Solactive Global SuperDividend Index, and reported a 9.22% distribution rate as of August 20, yielding roughly $768 monthly on a $100,000 investment. Despite 14 years of monthly payouts, its five- and 10-year annualized returns were negative 0.25% and 0.08%, respectively.ETF ExpressKraneShares launches Asia AI Technology ETF: KAITKraneShares launched the Asia AI Technology ETF (KAIT) on the NYSE on 19 August 2026, tracking the Solactive Asia AI Technology USD Index. The index weights 80% to thematic relevance and 20% to company size, with constituent weights capped at 8% and combined weights over 5% limited to 45%.NewsfileEvolve Global Defense & Aerospace Index ETF Begins Trading Today on the Toronto Stock ExchangeEvolve Funds Group Inc. launched the Evolve Global Defense & Aerospace Index ETF (CAMO) on the Toronto Stock Exchange, providing Canadian investors with exposure to global defense and aerospace companies. The fund tracks the Solactive Global Leaders Defense & Aerospace Index and emphasizes a 75% weighting towards non-US entities, reflecting a shift in global military spending outside the United States.