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ISTOXX INDICES

iSTOXX MUTB Japan Low Carbon Risk 30

Index Description

The constituents of the iSTOXX MUTB Japan Low Carbon Risk 30 Index are selected from the iSTOXX MUTB Japan Quality 150 Index. Companies that are non-compliant with the Global Standards Screening (GSS) or are involved in Controversial Weapons activities, as identified by Sustainalytics, are not eligible for selection. The iSTOXX MUTB Japan Low Carbon Risk 30 Index selects 30 securities with the best Carbon Risk Rating scores from the eligible securities in the iSTOXX MUTB Japan Quality 150 Index. In cases where more than one company has the same Carbon Risk Rating score at the 30th threshold, preference is given to the company with the highest composite quality score, as calculated for the iSTOXX MUTB Japan Quality 150 Index constituents. Securities are equal weighted.

Key facts

  • The index selects 30 Japanese securities that have good Carbon Risk Rating scores
  • Companies are Global Standards Screening compliant, and are not involved in controversial weapons
  • The underlying index considers four fundamental scores and liquidity to ensure quality and replicability
  • Securities are equal weighted

Descriptive Statistics

Index Market Cap (JPY bn) Components (JPY bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX MUTB Japan Low Carbon Risk 30 N/A 181.5 6.0 6.1 8.1 4.2 4.5 2.3 70.6
iSTOXX MUTB Japan Quality 150 227,296.8 183,658.6 1,224.4 636.3 4,450.9 106.7 2.4 0.1 46.7

Supersector weighting (top 10)

Country weighting

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
iSTOXX MUTB Japan Low Carbon Risk 30 3.2 5.2 12.4 28.1 80.1 N/A N/A 12.4 8.6 12.4
iSTOXX MUTB Japan Quality 150 -0.2 15.5 19.3 39.3 87.1 N/A N/A 19.2 11.6 13.3
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX MUTB Japan Low Carbon Risk 30 N/A N/A 15.0 17.5 18.0 N/A N/A 0.6 0.4 0.6
iSTOXX MUTB Japan Quality 150 N/A N/A 14.8 16.6 16.9 N/A N/A 1.0 0.6 0.7
Index to benchmark Correlation Tracking error (%)
iSTOXX MUTB Japan Low Carbon Risk 30 0.8 0.8 0.8 0.9 0.9 11.7 9.4 8.6 7.1 7.1
Index to benchmark Beta Annualized information ratio
iSTOXX MUTB Japan Low Carbon Risk 30 0.6 0.8 0.8 1.0 1.0 3.1 -1.7 -0.7 -0.4 -0.1

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(JPY, Net Return), all data as of July 31, 2024

ISTOXX INDICES

iSTOXX MUTB Japan Low Carbon Risk 30

Fundamentals

Index Price/earnings incl. negative Price/earnings excl. negative Price/book Dividend yield (%)3 Price/sales Price/cash flow
Trailing Projected Trailing Projected Trailing Trailing Trailing
iSTOXX MUTB Japan Low Carbon Risk 30 21.3 20.5 21.3 21.3 3.5 1.5 2.5 23.2
iSTOXX MUTB Japan Quality 150 17.4 16.9 17.4 17.4 2.3 1.5 1.5 29.2

Performance and annual returns

Methodology

The constituents of the iSTOXX MUTB Japan Low Carbon Risk 30 Index are selected from the iSTOXX MUTB Japan Quality 150 Index. Companies that are non-compliant with the Global Standards Screening (GSS) or are involved in Controversial Weapons activities, as identified by Sustainalytics, are not eligible for selection.


The iSTOXX MUTB Japan Low Carbon Risk 30 Index selects 30 securities with the best Carbon Risk Rating scores from the eligible securities in the iSTOXX MUTB Japan Quality 150 Index.


In cases where more than one company has the same Carbon Risk Rating score at the 30th threshold, preference is given to the company with the highest composite quality score, as calculated for the iSTOXX MUTB Japan Quality 150 Index constituents. An industry cap is applied to ensure diversification.


The index is reviewed on a semi-annual basis in June and December and rebalanced in March and September.


Index constituents are assigned equal weights.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH1159917793 IMJLCRR .IMJLCRR
Gross Return EUR CH1159917819 IMJLCRGR .IMJLCRGR
Price EUR CH1159917835 IMJLCRP .IMJLCRP
Gross Return JPY CH1159917827 IMJLCRYG .IMJLCRYG
Net Return JPY CH1159917843 IMJLCRYN IMJLCRYN INDEX .IMJLCRYN
Price JPY CH1159917777 IMJLCRYP .IMJLCRYP
Net Return USD CH1159917785 IMJLCRV .IMJLCRV
Price USD CH1159917801 IMJLCRL .IMJLCRL
Gross Return USD CH1159917769 IMJLCRGV .IMJLCRGV

Quick Facts

Weighting Equal Weighted
No. of components 30 at the review/ deletions not replaced
Review frequency Semi-annually in Jun. and Dec.
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 18:00:00
Base value/base date 100 as of Jun. 23, 2014
History Available since Jun. 23, 2014
Inception date Jan. 28. 2022
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://qontigo.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.

ISTOXX INDICES

iSTOXX MUTB Japan Low Carbon Risk 30

Top 10 Components4

Company Supersector Country Weight
BAYCURRENT CONSULTING Industrial Goods and Services Japan 4.462%
NS SOLUTIONS Technology Japan 4.220%
KYUDENKO Construction and Materials Japan 3.712%
PERSOL HOLDINGS Industrial Goods and Services Japan 3.702%
BIPROGY Technology Japan 3.654%
NET ONE SYSTEMS Technology Japan 3.584%
CAPCOM Consumer Products and Services Japan 3.495%
TECHNOPRO HOLDINGS Technology Japan 3.493%
MANI Health Care Japan 3.488%
GOLDWIN Consumer Products and Services Japan 3.413%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of July 31, 2024

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.