Index Overview
Akros Hyundai Motor Robotics Value Chain TOP3 Plus Index
Concentrated exposure to Hyundai Motor Group's robotics value chain, anchored by its top 3 highest-conviction companies.
Recent Key Events
Description
The index tracks companies listed on KOSPI, KOSDAQ, NYSE, or NASDAQ that are most closely aligned with the Hyundai Motor Group robotics value chain. Eligible constituents must fall under AICS codes 332, 333, 334, 335, 336, 488, 519, or 541 and meet minimum market cap and liquidity thresholds (KRW 200B market capitalization and KRW 1B 3-month average daily trading value for Korean listings; KRW 10T and KRW 1B for U.S. listings). Stock selection uses Akros's proprietary NEXUS thematic analysis engine to identify and rank the top 10 companies by thematic relevance. The top 3 ranked constituents each receive a fixed 25% weight; the remaining 7 are weighted by a composite of NEXUS rank score and free-float market capitalization, subject to a 25% individual cap and a 0.5% floor. The index is rebalanced semi-annually, with ad-hoc rebalancing triggered by weight-limit breaches.