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ISTOXX INDICES

iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5%

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Index Description

The iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% Index replicates the performance of the net return version of the iSTOXX Europe 600 ESG-X Fintech Tilted Index assuming a constant 4.5% performance deduction per annum. The performance deduction accrues constantly on a daily basis (using an Actual/365 Fixed day count convention). Consequently, due to the percentage of performance deduction, the iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% Index underperforms the iSTOXX Europe 600 ESG-X Fintech Tilted Net Return Index.

Key facts

  • Due to the percentage of performance being subtracted, the index underperforms the benchmark, that includes net dividend investments.
  • The performance deduction accrues constantly on a daily basis.

Descriptive Statistics

Index Market Cap (EUR ) Components (EUR ) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% N/A N/A N/A N/A N/A N/A N/A N/A N/A
iSTOXX Europe 600 ESG-X Fintech Tilted N/A N/A N/A N/A N/A N/A N/A N/A N/A

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% 3.1 8.6 12.1 6.1 16.7 N/A N/A 12.3 2.0 3.2
iSTOXX Europe 600 ESG-X Fintech Tilted 3.5 13.2 17.3 21.4 46.2 N/A N/A 17.5 6.7 8.0
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% N/A N/A 9.5 13.9 17.6 N/A N/A 0.9 0.0 0.1
iSTOXX Europe 600 ESG-X Fintech Tilted N/A N/A 9.5 13.9 17.6 N/A N/A 1.4 0.3 0.4
Index to benchmark Correlation Tracking error (%)
iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% 1.0 1.0 1.0 1.0 1.0 0.2 0.2 0.2 0.2 0.2
Index to benchmark Beta Annualized information ratio
iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% 1.0 1.0 1.0 1.0 1.0 -27.8 -27.1 -26.6 -27.1 -27.2

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

2Based on EURIBOR1M

(EUR, Price), all data as of November 29, 2024

ISTOXX INDICES

iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5%

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 Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% N/A N/A N/A N/A N/A N/A N/A N/A
iSTOXX Europe 600 ESG-X Fintech Tilted N/A N/A N/A N/A N/A N/A N/A N/A

Performance and annual returns

Methodology

The iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% Index replicates the performance of the net return version of the iSTOXX Europe 600 ESG-X Fintech Tilted Index assuming a constant 4.5% performance deduction per annum. The performance deduction accrues constantly on a daily basis.

Consequently, due to the percentage of performance deduction, the iSTOXX Europe 600 ESG-X Fintech Tilted NR Decrement 4.5% Index underperforms the iSTOXX Europe 600 ESG-X Fintech Tilted Net Return Index that includes net dividend investments.

Quick Facts

No. of components 1
Calculation/distribution Real time
Calculation hours 00:00:01 22:30:00
Base value/base date 100 as of Mar. 24, 2014
History Available since 24 Mar 2014
Inception date May. 31, 2024
To learn more about the inception date, currency versions, 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://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.