TheMarketAI SC 15 Index Crushes Competition in August with 7.7% gain
- Niv Nissenson
- Sep 1
- 2 min read
August 2025 marked the second month of tracking the TheMarketAI SC 15 Index, and the early performance continues to impress. The index gained 7.67% during the month, rising from 110.96 at the end of July to 119.47 at the August 29 market close while all it's benchmarks were flat.
This index, developed by TheMarketAI.com, was designed to highlight under-the-radar AI-driven companies from the Russell 2000—a group we believe may represent the next wave of innovation. While broader AI ETFs and major indices saw modest gains, our hand-picked small-cap AI portfolio once again delivered outsized returns.
August Performance Overview
TheMarketAI SC 15 Index: +7.67% Index level: 119.47 (up from 110.96 at the end of July 2025)
Comparison Benchmarks:
Nasdaq Composite (IXIC): -1.69%
Dan Ives AI Revolution ETF (IVES): 0.53%
Global X Robotics & AI ETF (BOTZ): -0.92%
First Trust AI & Robotics ETF (ROBT): 0.38%
NVIDIA (NVDA): -0.80%
Top Contributors in August
Several companies played an outsized role in lifting the index:
SoundHound AI (SOUN): +27.95%
Credo Technology (CRDO): +11.17%
IonQ (IONQ): +12.67%
Clearwater Analytics (CWAN): +8.19%
These stocks not only delivered strong gains, but also carry substantial weight within the index. As such, their moves had a significant impact on the overall index performance.
Offsetting Declines
Not all names participated in the rally:
C3.ai (AI): -26.50%
Airship AI (AISP): -13.70%
Commvault (CVLT): -1.78%
Itron (ITRI): -1.06%
These stocks saw pullbacks, though the broad strength of the index's other components was more than enough to drive an overall gain.
Looking Ahead
August reinforces our belief that small-cap AI stocks are a fertile ground for growth—but also volatility. The index benefited from a handful of big winners this month, even while a few constituents saw steep declines.
We will continue tracking the index monthly, providing insights into how the AI sector evolves beyond Big Tech.
Disclaimer
The TheMarketAI SC 15 Index is for informational and illustrative purposes only. It is not an investment product and does not constitute financial advice or a recommendation to buy or sell any securities. Always conduct your own research and consult a licensed financial advisor before making investment decisions.
Full Component Performance
