Databricks 30 Index
Databricks 30 Index
The Databricks 30 Index is an equal-weight price index tracking the stock performance of 30 companies:
- 25 marquee customers across Databricks’ top five industry verticals:
- Retail/Consumer Products
- Financial Services
- Healthcare
- Media/Entertainment
- Manufacturing/Logistics
- Five strategic partners
This index, inspired by Morgan Stanley’s research on “Data Era” stocks, is designed to demonstrate companies’ success and growth potential utilizing Databricks’ data and AI platform.
Key findings:
- As of February 16, 2021, companies in the Databricks 30 Index outperformed the S&P 500 by 21 percentage points over the previous three years.
- Even when excluding tech companies, the Databricks 30 ex-Tech index outperformed the S&P 500 by 23 percentage points over the same period.
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