Goldenhill's HRTech Index
Our quarterly HRTech index tracks the relative share price performance of the publicly listed companies in the industry.
![HRTech Index | Goldenhill International M&A Advisors](https://goldenhill.international/wp-content/uploads/2021/08/iStock-1316618713-HRTech-graph-stocks-2-scaled.jpg)
Overview of market performance
Goldenhill’s HRTech Market Capitalisation Index for 2021 Q3 is up 28.9% from last year, slightly underperforming the S&P 500 during the same period.
- Goldenhill’s HRTech Market Cap Index is comprised of the 13 largest public HRTech companies by market capitalization.
- With the proliferation of a global vaccine rollout and a shift to remote working, HRtech companies have been positioned well during the recovery, with the HR Tech Index increasing 20% at the end of 2020.
- However, the HRTech Market Cap Index grew 6% from the first quarter of 2021
- Over the period from 2016, the HRTech Market Cap Index grew 141.92% as of the end of 2020. By Sept 2021, the overall growth increased to 174.89%.