New index launches

STOXX Ltd., part of the ISS STOXX group of companies and a global provider of innovative and tradable index concepts, today announced the results of the market consultation on proposed changes to the EURO STOXX 50 Index and its derived indices, as well as the STOXX Regional Blue-Chip Indices.

STOXX Ltd., part of the ISS STOXX group of companies, and Osmosis Investment Management (“Osmosis”) today announced the launch of the iSTOXX Osmosis Multi Factor Transition Indices, a new family of 48 indices designed to bring factor investing into line with a changing economy and today’s markets.

As STOXX assumes administration and publication of the USD AXI and USD FXI credit-spread benchmarks, we revisit a recent article by Alex Roever, Senior Advisor to the SOFR Academy and former JPMorgan Head of US Rates Strategy, on why transparent, transaction-based credit-spread supplements can make the SOFR-centered system more resilient and provide greater visibility into emerging financial risks.

STOXX Ltd., part of the ISS STOXX group of companies, today announced the launch of the iSTOXX® USD Across-the-Curve Credit Spread Index (AXI) and the iSTOXX® USD Financial Conditions Credit Spread Index (FXI), in collaboration with SOFR Academy, Inc. The transparent, rules-based indices are designed to complement the Secured Overnight Financing Rate (SOFR).

The index translates years of research into a systematic approach that adjusts its factor exposures as market conditions evolve. Backtested results show 22 years of consistent index outperformance, with low tracking error and turnover.

Closing Europe’s infrastructure gap may require up to EUR 12 trillion, according to some forecasts, and the region’s nations are stepping up to meet the challenge. STOXX has launched the STOXX Europe Infrastructure Builders index, which underlies the new iShares Europe Infrastructure Builders UCITS ETF from BlackRock, to capture the companies set to benefit from this structural trend.

STOXX has launched the STOXX Investable Market Indices, a comprehensive global equity framework designed to capture approximately 99% of the investable universe with consistency, transparency and scalability. Built for modern portfolio construction, STOXX Investable Market Indices combine broad market coverage with a flexible, modular approach that supports both standard benchmarks and tailored institutional solutions. 

The STOXX Global Space Satellites and Drones index targets a transformative and far-reaching theme, and underlies a new ETF from BlackRock’s iShares. The sector is expected to be impacted by the listing of Space Exploration Technologies Corp. (SpaceX), reportedly the largest IPO in history.

In this Q&A, the academic and practitioner discusses how the recently launched iSTOXX Ang Research Enhanced indices dynamically rotate between underlying factors to tilt toward signals that appear more attractive at any given time, and how other rules ensure efficient, benchmark-aware access to sources of return.

Gender diversity in corporate leadership is no longer a peripheral ESG theme but is increasingly linked to measurable business outcomes. The DAX Women Leadership index, which has outperformed the DAX benchmark by an annualized 300 basis points since 2018, seeks to provide both an underlying for investment products and an engagement tool for investors.

The STOXX Focus indices build portfolios based on constituents’ geographic revenue sources rather than their country of domicile, providing a more accurate representation of regional risk at a time of rising geopolitical tensions and global trade frictions. BlackRock’s iShares has launched the first in a planned series of ETFs tracking the indices.

Equity Total Return Futures (ETRFs) on 73 US stocks including NVIDIA and Apple were listed on February 23, expanding a successful offering in these types of exchange-traded derivatives. TRFs have seen strong demand from market participants as a way to efficiently gain exposure to price-plus-dividend returns of shares and indices.