Addepar Investor Sentiment Index SM

This report introduces Addepar’s first proprietary Investor Sentiment IndexSM. This index measures investor sentiment using detailed portfolio-level data from the Addepar platform, which is currently used to analyze and report more than $2 trillion of total assets for more than 400 wealth advisors, family offices, and major financial institutions that oversee individual portfolios—ranging from the affluent to the U/HNW investor segments.

A reliable measure of risk sentiment among investors is a highly coveted, but elusive, resource. Many traders and researchers rely on indicators drawn from investor surveys, aggregated portfolios, and option markets. However survey responses may not map to actual behavior, and aggregated market statistics—such as volumes and derivative prices—can reflect market technicals and other distortions.

Addepar Investor Sentiment Index SM