
8136.T+18.78%16.0%

PLBY-44.68%12.0%

WILD.TO-30.75%12.0%

RSVR+25.30%11.0%

XPOF-41.31%11.0%

TKO-16.15%10.0%

RMAX+110.67%8.0%

TOON-19.68%8.0%

UMG.AS-38.17%6.0%

WMG-9.24%6.0%
As of Oct 2, 2026, 9:55 PM ET
Business Models '24: Asset-Light Brand & IP Owners Constituents
Sanrio Company, Ltd.8136.T | 16.0% | -0.88% | -2.50% | -9.07% | -0.88% | 18.78% | 2.00% | -17.30% | -29.42% | 39.09% | 394.63% | $9.06B |
Playboy, Inc.PLBY | 12.0% | 2.97% | -5.45% | -11.86% | 2.97% | -44.68% | -45.55% | -7.14% | -29.25% | 53.85% | -95.81% | $120.6M |
WildBrain Ltd.WILD.TO | 12.0% | 0.00% | -18.97% | -26.84% | 0.00% | -30.75% | -7.69% | -28.20% | -32.57% | -7.81% | -65.32% | $190.5M |
Reservoir Media, Inc.RSVR | 11.0% | -1.35% | -0.89% | -3.21% | -1.71% | 25.30% | 5.74% | 28.35% | 21.45% | 26.09% | 9.17% | $626.6M |
Xponential Fitness, Inc.XPOF | 11.0% | 0.86% | 20.75% | -4.73% | 3.65% | -41.31% | 13.38% | -40.81% | -39.47% | -61.82% | -64.61% | $175.4M |
TKO Group Holdings, Inc.TKO | 10.0% | -0.26% | -7.21% | -7.66% | -0.45% | -16.15% | -21.72% | 11.18% | -11.49% | 40.14% | 223.04% | $13.16B |
Kartoon Studios Inc.TOON | 8.0% | -1.63% | 0.05% | -12.38% | 1.40% | -19.68% | 1.46% | -12.64% | -25.48% | -29.96% | -95.87% | $33.2M |
RE/MAX Holdings, Inc.RMAX | 8.0% | 0.00% | 0.00% | 0.69% | 0.00% | 110.67% | 154.21% | 90.81% | 73.05% | 34.60% | -45.80% | $322.1M |
Universal Music Group N.V.UMG.AS | 6.0% | 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 | 6.0% | -0.87% | 0.42% | -2.98% | 1.68% | -9.24% | -3.30% | -8.88% | -18.06% | -12.26% | -33.41% | $13.99B |
| Theme return | — | 0.01% | -2.03% | -9.36% | 0.65% | -2.17% | 4.06% | 10.78% | -7.63% | 33.61% | 16.29% | — |
| Average | 10.0% | -0.02% | -1.69% | -8.10% | 0.76% | -4.52% | 7.01% | -2.36% | -13.62% | 4.55% | 18.88% | $6.71B |
| Median | 10.5% | -0.13% | -1.69% | -6.19% | 0.46% | -17.91% | -0.92% | -10.76% | -27.36% | 9.14% | -41.49% | $474.3M |
| Std Dev | 2.9% | 1.28% | 9.28% | 7.41% | 1.61% | 44.58% | 51.90% | 37.00% | 33.77% | 37.37% | 152.78% | $9.31B |
| Min | 6.0% | -1.63% | -18.97% | -26.84% | -1.71% | -44.68% | -45.55% | -40.81% | -44.92% | -61.82% | -95.87% | $33.2M |
| Max | 16.0% | 2.97% | 20.75% | 0.69% | 3.65% | 110.67% | 154.21% | 90.81% | 73.05% | 53.85% | 394.63% | $29.43B |
| % Positive Tickers | 30.00% | 30.00% | 10.00% | 50.00% | 30.00% | 50.00% | 30.00% | 20.00% | 50.00% | 30.00% |