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ISTOXX INDICES

iSTOXX Global ESG Japan Leg Equal Weight

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Index Description

The iSTOXX Global ESG Japan Leg Equal Weight Index aims to replicate an investment in the 30 largest stocks by free-float market capitalization from the STOXX Japan 600 ESG-X Index where companies are eligible if they are not involved in Unconventional Oil ; Gas and if they are in the top 60 in terms of ESG, as calculated by ISS ESG. The constituents are equal-weighted and the index is reviewed on a quarterly basis. This index applies screens in alignment with the ESMA guidelines on funds’ names using ESG or sustainability-related terms, which include controversial weapons, Tobacco, Coal (>1%), Oil fuels (>10%), Gaseous fuels (>50%/ Power generation), UNGC principles / OECD guidelines.Per the ESMA guidelines on funds’ names using ESG or sustainability-related terms, this index meets an 80% threshold linked to the proportion of investments used to meet environmental or social characteristic or sustainable investment objectives in accordance with the binding elements of the investment strategy. Index Guides, Benchmark statement, and other reports are available under the Data tab.

Key facts

  • Starts from an ESG-X universe
  • Avoids investments in companies involved in unconventional oil & gas
  • Selects the largest securities from a list of top ESG performers

Descriptive Statistics

Index Market Cap (EUR bn) Components (EUR bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX Global ESG Japan Leg Equal Weight N/A 108.7 3.6 3.5 5.3 2.7 4.8 2.5 48.7
STOXX Japan 600 ESG-X 5,133.4 4,322.9 7.7 2.4 275.2 0.5 6.4 0.0 4.8

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 Global ESG Japan Leg Equal Weight 2.8 9.6 24.8 36.5 81.9 N/A N/A 24.7 10.9 12.7
STOXX Japan 600 ESG-X 3.3 9.0 21.8 20.0 45.0 N/A N/A 22.1 6.3 7.8
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Global ESG Japan Leg Equal Weight N/A N/A 16.5 17.5 17.6 N/A N/A 1.2 0.5 0.7
STOXX Japan 600 ESG-X N/A N/A 15.4 16.5 17.0 N/A N/A 1.1 0.2 0.4
Index to benchmark Correlation Tracking error (%)
iSTOXX Global ESG Japan Leg Equal Weight 0.9 1.0 1.0 1.0 1.0 4.3 4.6 4.0 4.6 4.5
Index to benchmark Beta Annualized information ratio
iSTOXX Global ESG Japan Leg Equal Weight 1.0 1.0 1.0 1.0 1.0 -1.5 0.7 0.7 1.1 1.1

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

2Based on EURIBOR1M

(EUR, Gross Return), all data as of February 29, 2024

ISTOXX INDICES

iSTOXX Global ESG Japan Leg Equal Weight

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 Global ESG Japan Leg Equal Weight 18.3 17.8 18.3 17.8 1.5 2.9 1.4 20.5
STOXX Japan 600 ESG-X 17.2 16.8 16.3 16.3 1.6 2.5 1.1 40.5

Performance and annual returns

Methodology

The iSTOXX Global ESG Japan Leg Equal Weight Index aims to replicate an investment in the 30 largest stocks by free-float market capitalization from the STOXX Japan 600 ESG-X Index where companies are eligible if they are not involved in Unconventional Oil ; Gas and if they are in the top 60 in terms of ESG, as calculated by ISS ESG. The constituents are equal-weighted and the index is reviewed on a quarterly basis.

This index applies screens in alignment with the ESMA guidelines on funds’ names using ESG or sustainability-related terms, which include controversial weapons, Tobacco, Coal (>1%), Oil fuels (>10%), Gaseous fuels (>50%/ Power generation), UNGC principles / OECD guidelines.Per the ESMA guidelines on funds’ names using ESG or sustainability-related terms, this index meets an 80% threshold linked to the proportion of investments used to meet environmental or social characteristic or sustainable investment objectives in accordance with the binding elements of the investment strategy.
Index Guides, Benchmark statement, and other reports are available under the Data tab.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0462360881 IXGEJLP IXGEJLP INDEX .IXGEJLP
Net Return EUR CH0462360899 IXGEJLR .IXGEJLR
Gross Return EUR CH0462360907 IXGEJLGR IXGEJLGR INDEX .IXGEJLGR
Price JPY CH0462360949 IXGEJLJP IXGEJLJP INDEX .IXGEJLJP
Net Return JPY CH0462360956 IXGEJLJN .IXGEJLJN
Gross Return JPY CH0462360964 IXGEJLJG IXGEJLJG INDEX .IXGEJLJG
Price USD CH0462360915 IXGEJLL .IXGEJLL
Net Return USD CH0462360923 IXGEJLV .IXGEJLV
Gross Return USD CH0462360931 IXGEJLGV .IXGEJLGV

Quick Facts

Weighting Equal-Weighted
Cap Factor n.a.
No. of components 30
Review frequency Quarterly
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 18:00:00
Base value/base date 1000 as of Mar. 16, 2012
History Available from Mar. 16, 2012
Inception date Jun. 04, 2021
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
Tokyo Electron Ltd. Technology Japan 4.833%
Advantest Corp. Technology Japan 4.811%
Nomura Holdings Inc. Financial Services Japan 4.114%
Denso Corp. Automobiles and Parts Japan 3.617%
NEC Corp. Technology Japan 3.617%
Mitsubishi UFJ Financial Group Banks Japan 3.617%
Daiichi Sankyo Co. Ltd. Health Care Japan 3.561%
Komatsu Ltd. Industrial Goods and Services Japan 3.470%
Seven & I Holdings Co. Ltd. Personal Care, Drug and Grocery Stores Japan 3.427%
Tokio Marine Holdings Inc. Insurance Japan 3.402%

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

4Based on the composition as of February 29, 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.

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.