Mind the (Generation) Gap

A comparison of the STOXX^® Global Ageing Population and STOXX^® Global Millennials Thematic indices

In this paper we evaluate two thematic investment strategies – STOXX^® Global Ageing Population (“Ageing Population”) and STOXX^® Global Millennials (“Millennials”) – which seek exposure to these two distinct generations.

Our research identified vast differences across style characteristics, sector weightings and especially performance, with Millennials consistently outpacing the older folks. However, both indices outpaced the broad market, albeit only slightly in the case of Ageing Population.

Authors

Melissa R. Brown, CFA

Managing Director of Applied Research

Anran Su

Associate, Client Support