TECHBREAKDOWNS INDICES · PRICES THROUGH
Each industry map shows which companies earn as money moves through a market. Each index tracks how those companies perform: equal-weighted, rebalanced monthly, and measured against QQQ and SPY, with a capped cap-weight version of every headline index.
PUBLISHED INDICES
More maps will add more indices,
all built and rebalanced by the same rules.
Every public company paid when someone buys something online: ads, storefront software, cloud, marketplaces, payments, card networks, lenders, warehouses, carriers and returns. 75 companies, inception September 30, 2026.
Independent, hypothetical research indices. Not investable products, funds or personalized investment advice.
HOW THE INDICES WORK
Membership comes from the published map edition. At the last close of each month the indices rebalance: equal weight, the main version, resets every company to the same share. The headline cap-weight version resets to market value with no company above 10%; stage indices are equal weight only. Companies join or leave only at that close, and each month starts where the last one ended, so membership changes never move an index by themselves. Prices are dividend-adjusted, and QQQ and SPY are measured the same way.
Start with how the market works.
Explore the industry maps