The Index

Inside DEGENCOM™

The Degenerate Economy Index™ is built to track the attention economy and gamification of markets. It captures the platforms, exchanges, and technology backbones that profit when participation surges, regardless of which asset dominates the headlines.

Degenerate Economics Management™ oversees DEGENCOM™ and sponsors leading exchange-traded product concepts, including the Degenerate Economy ETFs™.

The index base is derived by setting Bitcoin to 1 BTC at the May 15, 2023 close ($27,508.23) representing 5% of the total index value; all other holdings are sized from that base according to their index weights.

Our goal is to democratize finance by turning these rules into an ETF concept that can be accessible to everyone, subject to regulatory approval and partner support.

Why the Index

DEGENCOM™ tracks the attention economy and gamification of markets: platforms, exchanges, and technology backbones that monetize participation across the degenerate economy.

What It Tracks

High-beta leaders, trading venues, derivatives infrastructure, and digital platforms that benefit from velocity, volume, and attention.

How It Evolves

A thematic, actively governed methodology with monthly review, tradability screening, and risk caps designed for ETF delivery.

Index Facts

The structure behind the ETF

Index Name
Degenerate Economy Index™ (DEGENCOM™)
Created
May 15, 2023
Base Value
$550,164.60 (1 BTC at May 15, 2023 close, $27,508.23)
Constituents
38 US-listed securities + Bitcoin
Focus
Speculation infrastructure
Rebalance
Monthly review
Mandate
Stock index (ETF-ready)
Sponsor
Degenerate Economics Management™
Inception Date
May 15, 2023 (Yahoo Finance 4pm ET closes)
Index governance and controls

Constituent Mix

What the index holds

DEGENCOM™ emphasizes the infrastructure that supports the attention economy and market gamification, while allowing meme‑driven, high‑velocity names to enter when warranted by the rules. The mix is reviewed to ensure tradability and diversity across participation channels. The composition below reflects a published snapshot of the index and is illustrative only.

Technology backbone (Alphabet, Apple, NVIDIA, TSMC)
Trading platforms (Robinhood, Coinbase)
Derivatives venues (CME Group, Cboe Global Markets, Intercontinental Exchange)
Social and entertainment media (Meta, Snap, Netflix, Roblox)
Gaming and consumer momentum (Sea Ltd, Deckers Outdoor, Take-Two Interactive)
Sports betting and gaming (DraftKings, Boyd Gaming, GameStop, AMC, RICK)
Consumer staples and beverage (Philip Morris, Altria, Diageo, Molson Coors, Constellation Brands)
Energy infrastructure (SLB, Valero Energy)
Real estate infrastructure (Digital Realty, Equinix)
Bitcoin and crypto-adjacent (Bitcoin, Grab Holdings, Alibaba)
Public safety and defense tech (Axon Enterprises)
Potential Index Scope

The index is designed to capture the broader attention economy. Depending on methodology updates, it can include or exclude the following asset and product categories.

Public equities tied to the attention economy and platform economics
Crypto assets (Bitcoin and crypto-adjacent equities)
Options and derivatives infrastructure (exchanges, clearing, and market makers)
Brokerage and trading platforms that monetize participation
Payments, wallets, and on-ramps that connect retail flow to markets
Gaming and sports betting operators with gamification and participation overlap
Data, analytics, and fintech infrastructure supporting active trading

Includes potential crypto exposure (Bitcoin and crypto-adjacent equities) plus options and derivatives infrastructure. Final inclusion is determined by index rules, tradability screens, and regulatory requirements.

Index visualization

Proxy Tracker

Illustrative index history since May 2023

This proxy tracker uses Twelve Data daily closes and publicly cited constituents to illustrate DEGENCOM™ performance since inception (May 15, 2023). Illustrative only. It is not an official index value and is provided for informational purposes only.

📈 What is CAGR (Compound Annual Growth Rate)?

CAGR Definition: The Compound Annual Growth Rate is the smoothed annual growth rate that would produce the same cumulative return over the investment period. It assumes reinvestment of all gains and calculates what constant yearly growth rate would be needed to reach the current value from the starting value.

Formula: CAGR = (Ending Value ÷ Beginning Value)^(1 ÷ Years) − 1

Example: If the index grew from $550,164.60 to $1,040,057.50 over 2.75 years: CAGR = ($1,040,057.50 ÷ $550,164.60)^(1 ÷ 2.75) − 1 = 26.07% per year

Why it matters: CAGR smooths out volatility to show the average annual return. If you had invested at inception and held to today, CAGR represents your average yearly growth rate, making it easier to compare performance across different time periods.

Loading index tracker…