STOXX Europe Total Market Aerospace & Defense Chosen as Underlying Index for Tuttle Capital ETF

ZUG (October 22, 2024) — STOXX Ltd., part of the ISS STOXX GmbH group of companies and a leading provider of benchmark and custom index solutions to institutional investors, has licensed the STOXX Europe Total Market Aerospace & Defense Index to Tuttle Capital Management, LLC. for its Select STOXX Europe Aerospace & Defense ETF (EUAD).

“Against the backdrop of mounting hostilities in the Middle East and Ukraine, coupled with a growing number of European nations seeking greater control over their defense, we believe this to be an optimal time for investment in this sector,” said Matthew Tuttle, CEO and CIO Tuttle Capital Management, LLC.

“Aerospace and defense has become a topical theme for many investors and we are consequently pleased to offer this index to Tuttle Capital,” said Axel Lomholt, General Manager at STOXX. “Our index provides exposure to this theme in the European market in a transparent and rules-based way and underscores STOXX’s established position as a leading index provider for thematic indices.”

The STOXX Europe Total Market Aerospace & Defense Index is comprised of companies categorized by the Industry Classification Benchmark (ICB)’s Aerospace & Defense sector. The index is derived from the STOXX Europe Total Market Index (TMI) which represents the European region as a whole and covers approximately 95 percent of the market’s free-float capitalization.

Media Contact:
Sarah Ball
Executive Director, Communications
press@iss-stoxx.com

About STOXX
STOXX® and DAX® indices comprise a global and comprehensive family of more than 17,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50®, STOXX® Europe 600 and DAX®, the portfolio of index solutions consists of total market, benchmark, blue-chip, sustainability, thematic and factor-based indices covering a complete set of world, regional and country markets. STOXX and DAX indices are licensed to more than 550 companies around the world for benchmarking purposes and as underlyings for ETFs, futures and options, structured products, and passively managed investment funds. STOXX Ltd., part of the ISS STOXX group of companies, is the administrator of the STOXX and DAX indices under the European Benchmark Regulation. 
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About ISS STOXX
ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating back to 1985, we today deliver world-class benchmark and custom indices across asset classes and geographies and serve as a premier source of independent corporate governance, sustainability, cyber risk, and fund intelligence research, data, and related offerings. Our products and services give clients the scale and leverage they need to grow their business more effectively and efficiently. ISS STOXX, which is majority owned by Deutsche Börse Group, is comprised of more than 3,400 professionals operating across 33 global locations in 19 countries. Its approximately 6,400 clients include many of the world’s leading institutional investors who turn to ISS STOXX for its objective and varied offerings, as well as companies focused on ESG, cyber, and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS STOXX’s expertise to help them make informed decisions to benefit their stakeholders. 

About Tuttle Capital Management
Tuttle Capital Management is the creator of The H.E.A.T. Formula and teaches investors how to use hedges, edges, asymmetrical risk, and themes in investment portfolios. They design innovative ETF products that allow investors to access unique and up-and-coming long-term themes.  

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