About Us
Our ETF-first approach to the degenerate economy
Traditional investing needs innovative thinking for allocating capital into today's markets. Degenerate Economics Management builds, maintains, and governs unique index exposures across the speculative economy. Our team brings deep ETF and indexing experience, with a focus on live, narrative-driven market behavior and ETF-ready rules for a thematic, actively governed index.
The index base is derived by setting Bitcoin to 1 BTC at the Oct 4, 2024 close and scaling the total by its index weight; all other holdings are sized from that base according to their index weights.
We translate the culture of risk into a rules-based framework: participation, volatility, liquidity, and narrative intensity. When the data warrants it, the methodology can add meme-driven names, but only within clear constraints designed to preserve investability and transparency.
Our mission is to democratize finance by translating these signals into ETF opportunities that can be accessible to everyone, subject to regulatory approval and partner support.
We craft the Degenerate Economy Index™ with a disciplined framework that stays responsive to the highest-velocity parts of the market. The rules allow meme-driven names to enter when warranted by signals, while keeping the index investable, transparent, and compatible with ETF delivery requirements.
Our Principles
Built on repeatable, explainable signals
The index is powered by three core principles that keep the strategy differentiated, durable, and aligned with the way speculative markets actually behave.
Structural Alpha
A rules-based index engineered to capture market inefficiencies created by narrative velocity, high participation, and reflexive flows.
Robust + Resilient Exposure
A repeatable framework that balances signal strength with risk controls to sustain exposure through multiple volatility regimes.
Distinguished Classification
A top-down classification system that maps the degenerate economy by behavior, not sector labels.
Reported figures reflect public coverage and are subject to change as the index evolves.
Advisory + Sub-Advisory
ETF-ready advisory support
Degenerate Economics Management™ provides strategy design, index construction, and sub-advisory support for ETF issuers, with a focus on rules-based exposure and investability.
What We Do
We provide index construction, strategy design, and sub-advisory support across equities, options income, and ETF vehicles.
Benefits
We handle portfolio construction, index maintenance, and capital markets support while prioritizing risk controls.
Why Us
Decades of ETF experience and a track record of launching differentiated strategies focused on market structure shifts.
ETF Basics
Why ETFs fit the strategy
ETFs provide intraday liquidity, diversified exposure, and efficient access to thematic strategies like the degenerate economy.
What is an ETF?
An exchange traded fund is a basket of securities that trades intraday on an exchange.
Key Benefits
Intraday liquidity, diversified exposure, and efficient access to specialized themes.
Key Risks
Shares may trade at a premium or discount to NAV and are not individually redeemed.
Strategy Design
How the index is constructed
We combine quantitative scoring with human oversight. The result is an index that captures fast-moving opportunities without becoming a momentum chase.
Begin with liquid, exchange-traded equities and thematic assets most likely to reflect speculative activity.
Combine volatility, volume spikes, sentiment velocity, and narrative concentration into a unified score.
Cap position sizes, enforce sector balance, and reduce single-name risk to keep the index investable.
Monthly reviews with interim checks during regime shifts to keep the index aligned with live behavior.
What the index is built to capture
This exposure map is reviewed monthly to ensure the index tracks the real-time speculative economy.
Created in May 2023 by Howard Lindzon to track the infrastructure of speculation.
Built around 13 public companies plus Bitcoin, focusing on platforms, exchanges, and enablers.
Designed to emphasize infrastructure and platforms that monetize participation.
Constituents are reviewed with scheduled rebalances and oversight.
Built to reflect the participation of a massive, mobile-first investor base.
Reported +130% since inception as of Oct 17, 2025 (Forbes analysis).
Documents
Strategy materials on request
We provide methodology summaries, index rulebooks, and periodic insights to qualified partners and licensors. Request the latest materials through the contact form.
DEGENCOM™ Methodology Summary
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Index Rulebook (Condensed)
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Monthly Degenerate Economy™ Insights
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Need methodology notes or licensing details?
We can share the latest methodology summary, risk profile, and index governance framework for partners evaluating DEGENCOM™.