Every infraMetrics index is defined once as a family — a universe, a geography and a set of TICCS® screens — then published in local currency and six majors, both capitalisation- and equal-weighted. The three products below draw on that shared definition but answer different questions.

All three are published unhedged and gross of fees. Counts exclude the quarterly variants of Infra300 Equity and Infra300 Debt; the monthly version of each is included.

Market Indices

Benchmark the market

34 named flagship indices — the Infra100, Infra200, Infra300 and Infra30 regional series, plus green and credit-grade cuts. Monthly, broad-market, designed for performance reporting and mandate benchmarking.

Thematic Indices

Segment the market by TICCS

685 families cut by industrial activity, business model, corporate structure and geography — the research library, and by far the deepest time-series set: 46 of its 55 metrics are full histories.

Comparables

Value and rate an asset

104 metrics — cost of capital, trading multiples, accounting ratios by asset age, credit transition matrices — across 835 peer-bucket families. The widest metric set of the three.

Side by sideMarket IndicesThematic IndicesComparables
Index families34685835
Equity / debt families18 / 16428 / 257459 / 376
Published metrics3955104
of which time series274644
FrequencyMonthlyQuarterly (653) · Monthly (32)Monthly
Geographies92529
Earliest history200020002000

Product 01

Market Indices

Thirty-four named flagship benchmarks for unlisted infrastructure equity and private infrastructure debt. Monthly, broad-market and deliberately unsegmented — built to sit alongside listed benchmarks in performance reporting and mandate benchmarking.

34
Named indices
18 / 16
Equity / debt
39
Metrics
9
Geographies
Monthly
Frequency

Equity — 18 indices

Infra100 · Infra200 · Infra300 · Infra30 regional

Infra100 Global 2005 Infra100 Europe 2005 Infra100 Eurozone 2011 Infra100 UK 2006 Infra100 Energy 2009 Infra100 Project Finance 2005 Infra100 Core 2011 Infra100 Core+ 2011 Infra100 Midmarket 2011 Infra100 Opportunistic 2011 Infra200 Core 2011 Infra300 2000 Infra Americas 2013 Infra Asia Pacific 2005 Infra Australia 2008 Infra Northern Europe 2011 Infra USA Value Add 2019 Global Green Infrastructure 2010

Debt — 16 indices

Regional · currency-denominated · credit grade · maturity

Infra100 Global Debt 2005 Infra100 Europe Debt 2005 Infra100 Eurozone Debt 2010 Infra100 UK Debt 2010 Infra100 Australia Debt 2010 Infra100 Project Finance Debt 2005 Infra100 EUR-denominated Debt 2010 Infra100 GBP-denominated Debt 2010 Infra Long Term Debt 2005 Infra300 Debt 2005 Infra100 Investment Grade Debt 2014 Infra100 IG Project Debt 2014 Infra100 Non-Investment Grade Debt 2014 Infra100 NIG Project Debt 2014 Infra100 High Yield Debt InfraGreen Debt 2012
GeographyIndices
Global22
Europe2
Eurozone2
United Kingdom2
Australia2
Northern Europe1
Asia-Pacific1
Americas1
United States1
9 geographies34

Market Indices deliberately apply almost no TICCS screen — 33 of 34 span all industrial activities, all 34 span all business models, and only 4 restrict to project companies. These are broad-market benchmarks; the segmented cuts live in Thematic Indices below.

The 39 metrics

Headline performance, risk and composition — 27 of them as full time series.

Returns

Price level and total return, monthly and annual

Index PriceMoM Total ReturnsCumulative Total Returns Annualised Total ReturnsYoY Capital ReturnYoY Income ReturnIRR

Risk

Dispersion, tail risk and drawdown

VolatilitySharpe RatioVaR 97.5%VaR 99.5%Max Drawdown

Expected return & valuation

Forward-looking pricing inputs

PremiaRisk PremiaForward-looking Expected ReturnDiscount Rate Sensitivity

Debt pricing & credit

Debt indices only

DurationYield-to-MaturityCredit SpreadCredit Spread by Credit Risk Recovery RateCredit Risk Transition MatrixGrade CompositionCredit Risk Metrics

Market structure

Size, turnover and concentration

Market CapitalisationTurnover RatioConcentration (eff. no. of TICCS) Concentration (eff. no. of constituents)Index Constituents

Allocation & contribution

Each dimension published as weight and as contribution to return

Industrial SuperclassIndustrial ClassBusiness Model Corporate StructureRegionCountry

Product 02

Thematic Indices

The research library — 685 index families cut along the TICCS® pillars, so any combination of industrial activity, business model, corporate structure and geography can be isolated and tracked. Quarterly, with the deepest history set of the three products.

685
Index families
428 / 257
Equity / debt
55
Metrics
46
Full time series
25
Geographies

Industrial activity TICCS pillar

SectorFamilies
Transport104
Renewable power77
Social infrastructure40
Network utilities36
Power generation ex-renewables30
Energy & water resources7
Data infrastructure1
All sectors — no screen229
Total685

Business model

TICCS pillar

Contracted197
Merchant74
Regulated60
All models — no screen354

Corporate structure

TICCS pillar

Project companies254
Infrastructure corporates76
All structures — no screen355

Debt-specific cuts

Credit grade (IG · NIG)22
Maturity × credit grade5
Seniority3
All debt2

Equity-specific cuts

Investment style (core/core+/value-add/mid-cap)5
Asset age (0–10y / 10y+)4

Sector rows above are top-level TICCS® industrial classes; the full taxonomy also publishes sub-sector cuts (e.g. road, airport and port companies within Transport) — see the methodology documentation for the complete breakdown.

The 55 metrics

The full allocation and contribution set, plus a wider risk and factor library than Market Indices. 46 are full time series.

Returns

Total and excess, quarterly and annual

Index PriceTotal ReturnsQoQ Total ReturnsExcess Returns QoQ Excess ReturnsYoY Capital ReturnYoY Income Return

Risk & risk-adjusted performance

Including 5Y/10Y rolling windows and four VaR variants

VolatilitySharpe Ratio (5Y, 10Y)Adjusted Sharpe Ratio (5Y, 10Y) VaR 99.5%VaR Gaussian (5Y, 10Y)VaR Cornish Fisher (5Y, 10Y)Max Drawdown

Expected return & valuation

Forward-looking series and cash yield

Expected Returns TimeseriesExpected Returns QuantilesRisk Premium Timeseries Duration-weighted IRRCash Yield MA (5Y, 10Y)Price/Sales Timeseries

Debt pricing & credit

Debt indices only

Yield-to-Maturity TimeseriesDuration-Weighted YTMDuration Timeseries Credit Spread TimeseriesMaturityMaturity BreakdownRecovery Rate Credit Risk Transition MatrixGrade Composition

Factor exposures

The five-factor model — unique to Thematic Indices and Comparables

LeverageSizeTerm SpreadProfitabilityInvestment

Composition, allocation & contribution

Each TICCS dimension published as weight and as contribution to return

Industrial SuperclassIndustrial ClassBusiness ModelCorporate Structure RegionCountryCurrencyMarket CapitalisationIndex Constituents

Product 03

Comparables

Valuation and credit reference data for a chosen peer bucket. The widest metric set of the three — cost of capital, trading multiples, accounting ratios tracked by asset age, and full credit-risk analytics — published monthly across 835 peer definitions and 29 geographies.

835
Peer buckets
459 / 376
Equity / debt
104
Metrics
44
Full time series
29
Geographies

Peer buckets by sector

SectorBuckets
Transport127
Renewable power77
Social infrastructure56
Network utilities36
Power generation ex-renewables30
Energy & water resources7
Data infrastructure1
All sectors — no screen327
Total835

By risk profile

Contracted242
Merchant74
Regulated60
Project companies312
Infrastructure corporates80

Debt peer buckets

Currency denomination (EUR/GBP)74
Maturity at origination46
Credit grade22
Maturity × credit grade5
Seniority2

Equity peer buckets

Investment style23
Asset age4
Green (equity & debt)2

Comparables is the only infraMetrics product that offers currency- and maturity-defined debt peer buckets — the segmentation an analyst needs to price a specific instrument rather than track a market.

The 104 metrics

Cost of capital

By peer bucket and by period

WACCCost of EquityCost of DebtRisk-Free RateRisk Premium Expected ReturnsSenior LeverageDiscounted Cashflow Components

Debt pricing & credit

By bucket, period and age-bucket time series

Yield-to-MaturityDuration-Weighted YTMDurationCredit Spread Recovery RateCredit Risk Transition MatrixGrade Composition

Trading multiples

By bucket, by period and as time series

EV/EBITDAPrice/BookPrice/Sales

Risk

Distribution and factor exposures

VaR Gaussian (5Y, 10Y)VaR Cornish Fisher (5Y, 10Y)Max Drawdown Leverage FactorSize FactorTerm Spread Factor

Accounting metrics

Each published by asset age and by year

ROICROCEROEROANet Profit Margin EBIT MarginCAPEXRevenue GrowthNet Debt / Equity

Dividend cover & composition

By age, age-period and horizon

Dividend / RevenueDividend / CFADSDividend / FCFE Index ConstituentsNumber of CompaniesCountries Distribution

Want to walk through the infraMetrics taxonomy with our team?