February 18, 2021
Clean energy and fintech are two of the premier disruptive technologies, yet in many cases, investors must get to them through individual funds. The
DTEC tracks the Indxx Disruptive Technologies Index, which identifies companies using disruptive technologies across ten thematic areas, including Healthcare Innovation, Internet of Things, Clean Energy and Smart Grid, Cloud Computing, Data and Analytics, FinTech, Robotics, Artificial Intelligence, Cybersecurity, 3D Printing, and Mobile Payments.
In fact, DTEC’s fintech and renewable energy components are propping the fund up in 2021, sending it to a year-to-date gain of 8.50%.
Adyen, one of DTEC’s fintech components, added 17% last week after announcing that net profits for the second half of 2020 rose on higher revenue and payments volumes. The Dutch online payments processor, which handles transactions for companies such as EBay and McDonald’s, expects to see continued growth, even as worldwide vaccinat