
ARM+181.40%13.0%

DLB-7.80%12.0%

IDCC+2.08%12.0%

ADEA+49.46%10.0%

GETY-93.82%9.0%

SSTK-79.14%9.0%

8136.T+18.78%8.0%

RSVR+25.30%8.0%

UMG.AS-38.17%7.0%

WMG-9.24%5.0%

RMBS+21.60%4.0%

QCOM+8.13%3.0%
As of Oct 2, 2026, 9:55 PM ET
Business Models '24: Licensing & Royalty Models Constituents
Arm Holdings plc American Depositary SharesARM | 13.0% | 5.18% | -7.68% | 30.97% | 5.22% | 181.40% | 141.35% | 184.45% | 102.18% | 122.43% | 383.55% | $328.40B |
Dolby Laboratories, Inc.DLB | 12.0% | -0.29% | 0.84% | -4.69% | -0.29% | -7.80% | -11.54% | -26.04% | -16.75% | -19.94% | -28.85% | $5.60B |
InterDigital, Inc.IDCC | 12.0% | -1.41% | -2.62% | -1.45% | -4.39% | 2.08% | -11.33% | 56.96% | -8.73% | 135.62% | 422.40% | $8.65B |
Adeia Inc.ADEA | 10.0% | 1.58% | -0.41% | 2.98% | 1.52% | 49.46% | 24.61% | 94.14% | 49.48% | 127.56% | 241.88% | $2.84B |
Getty Images Holdings, Inc.GETY | 9.0% | -6.98% | -65.50% | -65.50% | 4.28% | -93.82% | -89.36% | -95.19% | -96.04% | -98.84% | -99.57% | $17.6M |
Shutterstock, Inc.SSTK | 9.0% | -7.52% | -11.64% | -30.70% | -3.28% | -79.14% | -76.28% | -77.62% | -81.25% | -87.51% | -96.36% | $140.0M |
Reservoir Media, Inc.RSVR | 8.0% | -1.35% | -0.89% | -3.21% | -1.71% | 25.30% | 5.74% | 28.35% | 21.45% | 26.09% | 9.17% | $626.6M |
Sanrio Company, Ltd.8136.T | 8.0% | -0.88% | -2.50% | -9.07% | -0.88% | 18.78% | 2.00% | -17.30% | -29.42% | 39.09% | 394.63% | $9.06B |
Universal Music Group N.V.UMG.AS | 7.0% | 0.92% | -3.15% | -2.99% | 0.92% | -38.17% | -28.42% | -38.96% | -44.92% | -36.42% | -37.18% | $29.43B |
Warner Music Group Corp.WMG | 5.0% | -0.87% | 0.42% | -2.98% | 1.68% | -9.24% | -3.30% | -8.88% | -18.06% | -12.26% | -33.41% | $13.99B |
Rambus Inc.RMBS | 4.0% | 4.36% | 6.17% | 31.89% | 4.14% | 21.60% | 12.12% | 112.10% | 7.74% | 178.39% | 401.43% | $12.14B |
QUALCOMM IncorporatedQCOM | 3.0% | 1.53% | -6.72% | 9.41% | 1.57% | 8.13% | 29.92% | 20.04% | 9.54% | 10.01% | 54.21% | $194.11B |
| Theme return | — | -0.61% | -8.62% | -7.30% | 0.54% | -9.33% | -11.55% | -0.32% | -22.43% | 1.00% | 43.23% | — |
| Average | 8.3% | -0.48% | -7.81% | -3.78% | 0.73% | 6.55% | -0.37% | 19.34% | -8.73% | 32.02% | 134.33% | $50.42B |
| Median | 8.5% | -0.58% | -2.56% | -2.99% | 1.22% | 5.11% | -0.65% | 5.58% | -12.74% | 18.05% | 31.69% | $8.86B |
| Std Dev | 3.1% | 3.65% | 17.94% | 24.61% | 2.87% | 66.48% | 55.19% | 78.03% | 51.62% | 86.98% | 206.15% | $98.50B |
| Min | 3.0% | -7.52% | -65.50% | -65.50% | -4.39% | -93.82% | -89.36% | -95.19% | -96.04% | -98.84% | -99.57% | $17.6M |
| Max | 13.0% | 5.18% | 6.17% | 31.89% | 5.22% | 181.40% | 141.35% | 184.45% | 102.18% | 178.39% | 422.40% | $328.40B |
| % Positive Tickers | 41.67% | 25.00% | 33.33% | 58.33% | 58.33% | 50.00% | 50.00% | 41.67% | 58.33% | 58.33% |