AMIDEX Israel Technology Index Fundamentals

Name: The AMIDEX Israel Technology Index

Code: AMITX

Description: The AMIDEX Israel Technology Index (AMITX) is an equity benchmark for Israeli technology companies traded on the NASDAQ.

Rationale: The AMITX index is a complementary benchmark to the AMIDEX35 index. The AMITX index focuses solely on growth-oriented technology Israeli companies. 

Background: Israel has more companies traded on Wall Street than any country outside of North America. Out of the 143 Israeli companies traded on U.S. exchanges, more than 82% are Business-to-Business technology companies, and more than 85 of these companies are traded on the NASDAQ. While the AMIDEX35 Index tracks the 35 largest Israeli companies traded on the Tel Aviv Stock Exchange (TASE) and/or on Wall Street, the AMITX index focuses on the smller and more aggressive Israeli technology on Wall Street.

Methodology: The AMITX index is comprised of the 35 largest market capitalization Israeli technology companies publicly traded on the NASDAQ, excluding the AMIDEX35 participating companies. TNI applies Proprietary selection and lquidity standards to the final determination of the index participating companies.