DataLinks and ULTUMUS Partner to Illuminate Tariff Impact Across Global Equity Markets

In a world where economic policy can pivot with a single headline, DataLinks and ULTUMUS have joined forces to bring structure and clarity to an increasingly complex landscape. The collaboration introduces a powerful new data asset: a knowledge graph that connects publicly listed companies with the real-time operational cost of tariffs, offering new insight into how trade policy reshapes global supply chains.

The challenge is real: while tariffs evolve rapidly, their impact on specific companies has remained largely opaque. This partnership addresses a critical blind spot — translating abstract regulatory shifts into tangible intelligence. And this isn’t about minor percentage changes. In some cases, tariffs can spike by 30,000%, placing entire sectors at risk and triggering sudden, cascading changes in sourcing strategies and operational resilience.

To avoid disruption, companies must be able to adapt quickly, but wisely. They need to understand which products are most affected, where pressure points lie, and what shifts in the supply chain can mitigate risk. This dataset offers a single source of truth — reliable, actionable, and constantly refreshed — to guide strategic decisions.

While much of the financial industry’s focus remains on major U.S. indices like the S&P 500, the scope of this project extends globally. To illustrate the broader utility of the dataset, we examined a selection of ETFs that invest in European equities. The goal: assess how underlying constituent exposure to tariffs varies across sectors and regions.

Selected ETF Tariff Impact Scores:

             - XTRACKERS SWITZERLAND 1D (XSMI) – Impact: 26

• - INVESCO STOXX EU 600 OPTMSD AUTO ACC (XAPS) – Impact: 37
• - INVESCO STOXX EU 600 OPTMSD HLTH ACC (XDPS) – Impact: 31
• - SPDR S&P 500 TRST (SPY) – Impact: 20
• - XTRACKERS STOXX EUROPE 600 1D (XSX7) – Impact: 20

What becomes clear is that aggregated figures only tell part of the story. Tariff impact is deeply dependent on company-specific factors such as geographic footprint, product mix, and supply chain design.

For instance:

Nestlé’s higher score reflects its dependence on globally sourced agricultural inputs, which are subject to a wide variety of granular, cumulative tariffs. Geberit, by contrast, maintains a predominantly local supply chain within Switzerland and the EU, providing a buffer against international tariff shocks.

This kind of granular insight — linking tariff codes, products, and corporate supply chains — is what sets this collaboration apart. With over 104,000 mapped relationships in the dataset, the resulting knowledge graph is designed to evolve alongside shifting policies, equipping analysts, investors, and AI tools with an edge in understanding global market dynamics. In today’s fast-changing global market, this kind of insight is no longer a luxury — it’s essential.

Strengths of the Project

ULTUMUS, a leading provider of ETF and index data services and part of the SIX Group, has developed technology-enabled solutions to capture, normalize, enrich, and distribute data daily across the ETF and index ecosystem.

DataLinks, a pioneer in semantic data infrastructure, overlays this with real-world context and tariff exposure, translating abstract regulatory language into machine-readable, actionable signals.

This collaboration doesn’t just inform, it prepares industries for inevitable change.