Why the Nasdaq Innovators Completion Cap Index Is a Research and Development Powerhouse

November 4, 2022

Aggregate patent value across the Nasdaq Innovators Completion Cap Index (NCX) increased by 315% from November 2011 to May 2022, outpacing the 245% growth in the Russell 2000 Index (RTY). Despite having one-tenth as many constituents, NCX aggregate patent values are now up to $32.3Bn vs. $37.0Bn for RTY (87%).


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