PitchBook Analyst Note: Index of Venture-Backed IPOs: An Analysis

This research note expands upon the introduction of the PitchBook Index of Venture-Backed IPOs by offering a deeper narrative analysis of startups' performance in the public markets. Findings in the report include the outperformance by venture-backed IPOs relative to the broader stock market over the second quarter of 2020, the drastic differences in constituents and performance between the equal-weighted method over the market-cap weighted version, as well as a look at risk-adjusted metrics. The full note includes more slices of the data comparing different time-periods, correlations between the Index of Venture-backed IPOs and broad stock market indices, and more.