Backtested 12-Month Performance

Titan Ethical 500 v2 Index

A globally diversified, ethically screened index of 442 companies across 40+ countries — delivering +36.6% over 12 months. More than double the S&P 500.

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+36.6%
12-Month Return
vs 17.82% S&P 500
2.5
Sharpe Ratio
vs 1.51 S&P 500
-9.85%
Max Drawdown
Calmar ratio 3.71
442
Companies
11 sectors · 40+ countries
12-Month Returns Comparison

Performance vs Benchmarks

Backtested 12-month total returns. Titan indices shown in green.

Titan Ethical Tech 100 +62.08%
TITAN ETHICAL TECH 100
Titan Ethical 500 +36.6%
TITAN ETHICAL 500
NASDAQ 100 +26.02%
NASDAQ 100
MSCI World Islamic +21.89%
MSCI WORLD ISLAMIC
MSCI World +18.0%
MSCI WORLD
S&P 500 +17.82%
S&P 500
Bars proportional to 62.08% maximum. Backtested data — not live returns.
Full Risk & Return Profile

Metrics at a Glance

Index 12M Return Ann. Vol Sharpe Max DD Win Rate Best Day Worst Day Calmar
Titan Ethical 500 v2 +36.6% 12.86% 2.5 -9.85% 57.4% 3.46% -4.33% 3.71
Titan Ethical Tech 100 +62.08% 16.92% 2.95 -10.81% 59.0% 4.23% -5.32% 5.74
S&P 500 +17.82% 11.32% 1.51 -8.88% 44.2% 2.91% -2.7% 2.01
NASDAQ 100 +26.02% 15.36% 1.59 -11.96% 45.8% 3.39% -3.47% 2.17
MSCI World +18.0% 11.5% 1.5 -9.06% 46.6% 2.9% -2.45% 1.99
MSCI World Islamic +21.89% 10.82% 1.89 -5.59% 45.4% 1.77% -2.22% 3.92
Why It Outperforms

Performance Highlights

Return vs S&P 500
Double the S&P 500
36.6%
Titan
vs
17.82%
S&P 500
Daily Win Rate
57.4%
Higher Win Rate
57.4%
Titan
vs
44.2%
S&P 500
Risk-Adjusted Return
2.5
Better Sharpe Ratio
2.5
Titan
vs
1.51
S&P 500
Index Composition

Sector Allocation

442 companies across 11 GICS sectors

Information Technology 81 companies · 18.3%
Health Care 74 companies · 16.7%
Industrials 63 companies · 14.3%
Materials 54 companies · 12.2%
Consumer Staples 40 companies · 9.0%
Consumer Discretionary 38 companies · 8.6%
Energy 33 companies · 7.5%
Communication Services 31 companies · 7.0%
Utilities 15 companies · 3.4%
Real Estate 12 companies · 2.7%
Financials 1 company · 0.2%
Note: Conventional banking and interest-based financial institutions excluded by screening criteria.
Global Coverage

Geographic Distribution

Top 10 countries by number of constituents (40+ countries total)

🇺🇸 United States 215 companies
🇬🇧 United Kingdom 34 companies
🇮🇳 India 27 companies
🇸🇦 Saudi Arabia 27 companies
🇯🇵 Japan 23 companies
🇲🇾 Malaysia 20 companies
🇫🇷 France 19 companies
🇩🇪 Germany 19 companies
🇰🇷 South Korea 15 companies
🇮🇩 Indonesia 9 companies
Index Constituents

Top 10 Holdings

Largest positions by weight in the v2 index

# Company Ticker Sector Weight Screen
1 Telkom Indonesia TLKM.JK Communication Services 4.73% PASS
2 Samsung Electronics 005930.KS Technology 4.51% PASS
3 Astra International ASII.JK Industrials 4.22% PASS
4 Adaro Energy ADRO.JK Energy 2.39% PASS
5 Unilever Indonesia UNVR.JK Consumer Staples 2.28% PASS
6 Samsung Electro-Mechanics 009150.KS Technology 1.97% PASS
7 Samsung C&T 028260.KS Industrials 1.95% PASS
8 Kia Corporation 000270.KS Consumer Discretionary 1.87% PASS
9 Perusahaan Gas Negara PGAS.JK Utilities 1.85% PASS
10 Bank Central Asia BBCA.JK Financials ~1.8% PASS
Selection Process

Screening Methodology

Every constituent passes five independent tests before inclusion. Failing any single test results in exclusion from the index.

1
Business Activity Screen

Companies must derive no meaningful revenue from alcohol, tobacco, conventional weapons, adult entertainment, gambling, or interest-based financial services. Revenue thresholds apply per category.

2
Financial Ratio Test

Debt-to-equity and interest-income ratios are evaluated. Companies with disproportionate interest income relative to total revenue are excluded to maintain financial alignment with ethical principles.

3
Liquidity Gate

Minimum average daily trading volume and market capitalisation thresholds ensure each constituent can be entered and exited at institutional scale without significant market impact.

4
Financial Health Check

Operating profitability, free cash flow generation, and balance sheet strength are assessed. Companies with sustained losses or excessive leverage are excluded regardless of ethical compliance.

5
Governance & Transparency

Companies must operate in markets with adequate reporting standards and corporate governance requirements. Minimal disclosure thresholds apply. Regulatory sanctions and legal proceedings are factored in.

Index Rules

Index Construction

Weighting Method
Square-Root Market Cap

Weights are proportional to the square root of market capitalisation, dampening concentration risk from mega-caps while preserving size-based signal. No single constituent exceeds 5% at rebalance.

Rebalancing Frequency
Quarterly

Constituent review and weight rebalancing occurs quarterly. Companies that fail screening tests mid-period are flagged and removed at the next scheduled rebalance date to minimise unnecessary turnover.

Eligibility Universe
40+ Countries

All exchanges with sufficient liquidity and reporting standards are eligible. Developed and emerging markets are included. No regional bias — companies are selected on merit against uniform screening criteria.

Currency Handling
USD Base, Local Returns

Performance is calculated in local currency first, then converted to USD for index-level aggregation. Backtested returns reflect this multi-currency framework using daily spot rates.

Start Exploring the Index

Access individual ticker reads, run the full screener, explore the Tech 100 sub-index, or read the complete strategy document behind the v2 methodology.

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Important Notice: All performance figures shown on this page are based on backtested historical simulation. Backtested performance does not represent actual trading results and is subject to inherent limitations, including the benefit of hindsight. Past performance does not guarantee future results. The Titan Ethical 500 index is not a tradeable instrument. This page is for informational purposes only and does not constitute investment advice. Always conduct your own research before making any investment decision.