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SECTOR INDICES

STOXX North America 600 REITs

Index Description

The STOXX REITS indices track the performance of real estate investment trusts (REITs) and listed property trusts (LPTs). The sector classification code for REITs as defined by the Industry Classification Benchmark (ICB) is 351020.

Key facts

  • Broad representation of publicly-traded real estate securities
  • Categorization according to their primary source of revenue guarantees an accurate classification of companies in their respective business environments

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
STOXX North America 600 REITs 913.8 898.7 29.0 19.3 97.0 10.8 10.8 1.2 4.3
STOXX North America 600 47,046.3 45,273.6 75.5 28.4 3,098.7 7.5 6.8 0.0 2.4

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
STOXX North America 600 REITs 3.5 0.3 6.4 3.0 23.4 N/A N/A 6.5 1.0 4.3
STOXX North America 600 4.7 17.7 25.7 40.2 104.4 N/A N/A 26.2 12.1 15.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX North America 600 REITs N/A N/A 17.1 20.6 25.0 N/A N/A 0.2 0.0 0.1
STOXX North America 600 N/A N/A 11.6 17.3 21.5 N/A N/A 1.8 0.6 0.6
Index to benchmark Correlation Tracking error (%)
STOXX North America 600 REITs 0.1 0.5 0.5 0.7 0.8 13.0 14.6 14.5 15.0 15.5
Index to benchmark Beta Annualized information ratio
STOXX North America 600 REITs 0.1 0.7 0.8 0.8 0.9 -1.2 -2.3 -1.2 -0.7 -0.7

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

2Based on EURIBOR1M

(EUR, Net Return), all data as of June 28, 2024

SECTOR INDICES

STOXX North America 600 REITs

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
STOXX North America 600 REITs 35.4 35.6 33.7 33.7 2.8 2.8 7.9 21.5
STOXX North America 600 28.6 22.6 26.6 26.6 4.8 1.4 2.9 31.3

Performance and annual returns

Methodology

The indices are derived from the respective benchmark index. From this universe, all components belonging to sector REITs (ICB code: 351020) are selected for index inclusion.

Companies must be classified as ICB Sector 351020 (Real Estate Investment Trusts) as a) Real estate investment trusts or corporations (REITs) or b) Listed property trusts (LPTs) or c) Retail, residential, diversified, specialty, mortgage and hotel and lodging REITs. The detailed methodology including the calculation formula can be found in our rulebook : http://www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR US2609501000 S8737AR S8737AR INDEX .S8737AR
Price EUR US26064Q1004 S8737AP S8737AP INDEX .S8737AP
Price USD US2609471063 S8737AL S8737AL INDEX .S8737AL
Net Return USD US2609491020 S8737AV S8737AV INDEX .S8737AV

Quick Facts

Weighting Free-float market cap
Cap Factor No
No. of components Variable
Review frequency Quarterly (Mar., Jun., Sep., Dec.)
To learn more about the inception date, currency versions, calculation hours and historical values, please see ourdata 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.

SECTOR INDICES

STOXX North America 600 REITs

Top 10 Components4

Company Supersector Country Weight
PROLOGIS INC. Real Estate USA 10.791%
AMERICAN TOWER Real Estate USA 9.403%
Equinix Inc. Real Estate USA 7.452%
Welltower Inc. Real Estate USA 6.469%
Digital Realty Trust Inc. Real Estate USA 5.095%
Simon Property Group Inc. Real Estate USA 4.851%
REALTY INCOME Real Estate USA 4.773%
Public Storage Real Estate USA 4.733%
Crown Castle Real Estate USA 4.400%
EXTRA SPACE STORAGE Real Estate USA 3.407%

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

4Based on the composition as of June 28, 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.