Indices

iSTOXX^® L&G Emerging Markets Low Volatility

Summary

The iSTOXX L&G Single-Factor indices are designed to provide exposure to Low Volatility risk-premia factor, where style factor scores are provided by Legal and General Investment Management (LGIM). The indices track the STOXX World regional indices, while ensuring tradability, diversification, and liquidity.

Index Guides, Benchmark statement, and other reports are available under the Data tab.

Details

EUR (Net Return)
EUR (Gross Return)
USD (Price Return)
USD (Gross Return)
EUR (Price Return)
GBP (Net Return)
GBP (Gross Return)
GBP (Price Return)
USD (Net Return)

Symbol

SWMLVHB

Calculation

End-of-day

Dissemination Period

22:30-22:30 CET

ISIN

CH1194733635

Last Value

897.54 +7.93 (+0.89%)

As of 10:30 pm CET

Week to Week Change

-0.06%

52 Week Change

20.30%

Year to Date Change

19.38%

Daily Low

897.54

Daily High

897.54

52 Week Low

667.32 — 9 Apr 2025

52 Week High

910.08 — 12 Nov 2025

Data

Index Guide
BMR Statement
ESG Report

Index Updates
Dissemination
Methodology
Systems & IT

Top 10 Components

TSMC	TW
Samsung Electronics Co Ltd	KR
INTERNATIONAL HOLDINGS	AE
Hon Hai Precision Industry Co	TW
Reliance Industries Ltd	IN
CHINA CONSTRUCTION BANK CORP H	CN
TENCENT HOLDINGS	CN
SAUDI ARABIAN OIL	SA
ICBC H	CN
ICICI Bank Ltd	IN

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The DAX ESG Target Index provides investors with a sustainable version of the iconic DAX Index. It aims to reflect the risk and return characteristics of the original DAX Index while applying ESG screens, integrating ESG scores and reducing carbon intensity by at least 30%.

The index can help investors to navigate towards more sustainable German equity portfolios. The proprietary index optimization process maximizes the index’ ESG score and reduces carbon intensity.

The DAX ESG Target Index has an ex-ante (target) tracking error versus the DAX of < 1.5%, therefore it offers a similar risk/return profile to the flagship benchmark. It has the same number of constituents as the DAX.

The Methodology Focuses on Maximizing ESG Scores and Reducing Carbon Intensity. Index construction starts with the DAX Index and excludes companies with unfavorable ESG scores. The screening is based on Sustainalytics’ Global Standard Screening and product involvement screening for Controversial Weapons, Nuclear Power, Thermal Coal, Military Contracting, Tobacco Production, Small Arms and Oil Sands.

In the next step – the universe of the HDAX, comprised of all companies included in the DAX, MDAX and TecDAX – is taken, to replace the excluded companies to complete the number of 40 index constituents (30 up to September 20, 2021). This is achieved by ranking the screened HDAX companies in terms of free-float market capitalization and ESG score. The component weights are derived through an optimization process with the goal of maximizing the portfolio ESG Score, meeting tracking error constraints (ex-ante tracking error versus DAX < 1.5%) and carbon reduction goals. Securities are capped at 10% on a component level.

This index also commits to a minimum percentage of sustainable investment thresholds based on ISS ESG data.

The DAX ESG Target is designed to serve as an underlying for derivatives, structured products and exchange-traded funds.

For a description of the selection methodology and the review calendar, please click here.

DAX ESG Target Product Sheet

Blog: BlackRock’s Sperandeo: How We Engage with Qontigo to Help Investors Prepare their Portfolios for a Net-Zero World

Press Release: DAX ESG Target Index selected as underlying index for a new iShares ETF

Index Guides, Benchmark statement, and other reports are available under the "Data & Methodology" tab.

DAX ESG Target - EUR (Net Return)

€3310.93

+21.22

1Y Return

11.87%

1Y Volatility

0.18%

The ISS STOXX Asia/Pacific AC Biodiversity Index reflects the performance of the STOXX Asia Pacific AC after a set of compliance, ESG involvement screens, biodiversity screens, and overall impact on biodiversity and environmental UN Sustainable Development Goals (SDGs) objectives are applied. Companies that are non-compliant based on the ISS ESG Norms Based Screening assessment or are involved in Controversial Weapons are not eligible for selection. Additional exclusion filters are applied, screening companies for involvement in Palm Oil, GMO Agriculture, Hazardous Pesticides, Animal Welfare, Fur Involvement, Tobacco, Thermal Coal, Unconventional Oil & Gas, Civilian Firearms, and Military Contracting. Furthermore, only companies in the top 80% rank of Potentially Disappeared Fraction of species over Enterprise Value including Cash (PDF/EVIC) scores based on ISS ESG Biodiversity Impact Assessment Tool (BIAT) as well as the top 80% rank of biodiversity related ISS ESG SDG Impact Rating aggregated score within each ICB Sector of the universe are selected. If the GHG intensity reduction is not at least 30% versus the parent index, companies will be excluded by descending order of carbon intensity until the 30% reduction is reached

Index Guides, Benchmark statement, and other reports are available under the Data tab.

ISS STOXX^® Asia/Pacific AC Biodiversity - USD (Gross Return)

$169.62

+0.47

1Y Return

26.69%

1Y Volatility

0.18%

The ISS STOXX World AC ESG Climbers Index selects securities from the STOXX World AC universe that consistently improve their ESG performance, with standardized ESG exclusion screens applied for ISS ESG Norms Based Screening assessment, a set of definitions for Controversial Weapons, Tobacco, Thermal Coal, Unconventional Oil & Gas, Civilian Firearms and Military Equipment. The objective is to select such companies that are on trajectory to become ESG leaders in the future, based on whether their ISS ESG Corporate Ratings Overall Numeric Scores have improved at least 5 times if they are assigned to Developed Markets and at least 3 times of improvement if they are assigned to Emerging Markets in the past 5 years, and are required to improve at least 3 times if they are assigned to Developed Markets and 2 times if they are assigned to Emerging Markets in order to remain as constituents. The methodology also removes securities whose issuers are poor ESG performers, where their ISS ESG Corporate Ratings Overall Numeric Score is lower than 1.75. Securities whose issuers do not receive ESG Rating as of the effective review are also excluded.

Index Guides, Benchmark statement, and other reports are available under the Data tab.

ISS STOXX^® World AC ESG Climbers - USD (Gross Return)

$1516.46

-0.85

1Y Return

16.83%

1Y Volatility

0.12%

The EURO iSTOXX^® Environmental 50 Equal Weight NR Decrement 5% Index replicates the perfor-mance of the EURO iSTOXX^® Environmental 50 Equal Weight Index assuming a constant 5% performance deduction per annum. The performance deduction accrues constantly on a daily basis.

Index Guides, Benchmark statement, and other reports are available under the Data tab.

EURO iSTOXX^® Environmental 50 Equal Weight NR Decrement 5% - EUR (Price Return)

€2201.19

+10.02

1Y Return

24.62%

1Y Volatility

0.16%

The STOXX Europe Low Carbon Diversification Select 50 EUR Index captures the performance of low carbon emissions stocks with low correlation, low volatility and high dividends from the STOXX Europe 600 Index.

The component selection process first excludes all stocks that belong to the ICB Subsector 1771 (Coal), then selects in each ICB industry all stocks whose Carbon Intensity is the lowest. Next, it excludes all stocks with the highest 12-month average correlation with all other stocks in the benchmark, then excludes stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 50 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. The index also exlcudes companies violating international norms, are involved with controversial weapons, tobacco, thermal coal, civilian firearms, military equipment, and unconventional oil and gas.

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.

EURO STOXX^® Low Carbon Diversification Select 50 - EUR (Gross Return)

€535.12

+0.37

1Y Return

21.19%

1Y Volatility

0.11%

iSTOXX® L&G Emerging Markets Low Volatility

Summary

Details

Top 10 Components

Featured indices

iSTOXX^® L&G Emerging Markets Low Volatility