Summary
The STOXX Emerging Markets Diversification Select 100 USD Index captures the performance of liquid stocks with low correlation, low volatility and high dividends from the STOXX Emerging Markets 1500 Index.
The component selection process first excludes all stocks with the highest 12-months average correlation with all other stocks of the benchmark, then excludes stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 100 stocks with the highest 12-month historical dividend yields are selected to be included in the index. The percentage of exclusion/inclusion at each step is the same.
Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The indices are reviewed quarterly.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
Chunghwa Telecom Co Ltd | TW |
Petronas Gas BHD | MY |
RHB BANK BHD | MY |
WESTPORTS HOLDINGS | MY |
HONG LEONG BANK | MY |
VIETNAM DAIRY PRODUCTS | VN |
ASIA COMMERCIAL | VN |
SAI GON - HANOI | VN |
Telekom Malaysia Bhd | MY |
Taiwan Mobile Co Ltd | TW |