Summary
The STOXX True Exposure Europe 50% Diversification Select 30 EUR Index captures the performance of stocks with low correlation, low volatility and high dividends from the STOXX True Exposure Europe 50% Index.
The component selection process first excludes all stocks with the highest 12-months average correlation with all other stocks of the benchmark, then excludes stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 30 stocks with the highest 12-month historical dividend yields are selected to be included in the index. The percentage of exclusion/inclusion at each step is the same.
Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The indices are reviewed quarterly.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
ZURICH INSURANCE GROUP | CH |
ORANGE | FR |
TRYG | DK |
ENGIE | FR |
HELVETIA HLDG | CH |
ERSTE GROUP BANK | AT |
CEMBRA MONEY BANK | CH |
ENDESA | ES |
SWISSCOM | CH |
TELEFONICA | ES |