AAM Launches UBIQ ETF Tracking the U.S. E-Commerce Ecosystem

Advisors Asset Management has launched the AAM Ubiquitous ETF (UBIQ), a passive fund tracking the Pence Ubiquitous Index. The index targets companies participating across the U.S. digital commerce ecosystem, dividing exposure among six segments: Devices, Connectivity, Platforms, Digital Advertising, Payment and Delivery. Target weights range from 24% for Devices and Platforms to 8% for Delivery, with constituents selected using segment-specific measures such as market share, revenue, gross merchandise value, card spending and package volume. As of August 28, 2026, the index held 23 primarily large-cap companies. UBIQ will generally replicate the index, which reconstitutes and rebalances quarterly, with significant exposure expected to communication services, consumer discretionary and technology.