Bringing you live news and features since 2006 

Bringing you news, views and analysis since 2013

Solactive launches first-ever investable thematic index tracking photonics industry

Solactive has launched the Solactive EPIC Core Photonics Index. Photonics is the physical science of generating, detecting, and manipulating light. 

Photonics applications and integrations are ubiquitous and are included in everyday life products from smartphones, televisions, laser printers, LED lighting to more advanced applications, such as medical diagnostics and security systems. Companies operating in these sectors all require photonics technology as a key aspect of their functionality.

The European Photonics Industry Consortium (EPIC), a non-profit industry advocate for Photonics, has collaborated with Solactive and Anatase Ltd. in developing the world’s first investable index, which tracks the photonics industry on a global scale.

Carlos Lee, General Director at EPIC and the inspiration for the index, explained: “Photonics is the next technology growth story. Currently, the Photonics market is valued at nearly USD800 billion and is expected to reach USD1.2 trillion by 2026 (growing at 8 per cent per year). EPIC was formed in 2003 to promote and support the Photonics Industry.”

The Solactive EPIC Core Photonics Index is a representation of companies that derive a majority of their revenues from Photonics manufacturing activities. The selection of the Solactive EPIC Core Photonics Index’s constituents is based on the comprehensive expertise provided by EPIC, the leading authority in the Photonics Industry. 

“Industry consolidation will drive Photonics investment returns over the next 10-20 years, and while individual company returns are potentially very large, it is difficult for investors to differentiate between the winners and losers over time. This is why a thematic index approach makes more sense,” adds Markus Barth, 30-year veteran index architect and CEO of consulting firm Anatase Ltd. who designed the index methodology. “The environmental impact of Photonics manufacturing is also significantly lower. The index has over a 90 per cent lower carbon footprint than the overall US and European markets.” 

“Solactive is recognised globally as a leader in the thematic space, and we are delighted that EPIC has chosen to partner with us for this first of its kind launch,” says Timo Pfeiffer, Chief Markets Officer at Solactive.


Latest News

ETF data providers ETFGI report that assets invested in the global ETFs industry extended its lead over the global hedge..
Never a dull moment for Cathie Wood, founder and CEO of ARK Invest. In 2020 she was the ETF darling enjoying..
New data from ETP provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK,..
New York based MacMillan Communications, a well-known provider of public relations services to the finance industry since 1996, which has..

Related Articles

Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Franklin Templeton, with global ETF AUM exceeding USD13 billion, launched its European ETF offering in 2017, and announced last year the hire of Lotfi Ladjemi as Senior ETF Sales Specialist...
Welcome to the 2023 ETF Express Global Outlook, in association with Qontigo’s STOXX index business, which garners the views of global ETF investors on likely trends for the coming year....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by