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THEME INDICES

STOXX Global Electric Vehicles & Driving Technology

Index Description

The STOXX Global Electric Vehicles & Driving Technology Index is comprised of companies from selected countries exposed to a defined theme: electric vehicles and assisted-driving technologies. This includes firms which are involved in the manufacturing of electric vehicles, electric vehicle batteries and charging equipment, driving technologies and suppliers in the electric vehicle manufacturers’ supply chain. These companies, or components of their business lines, are expected to benefit from long-term structural trends driving economic change and which, in the future, may have a substantial impact on their performance. Revere (RBICS) data allows a detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial exposure to the respective themes. In addition, the index uses FactSet’s supply chain relationship data, which exposes business relationship interconnections among companies, providing pure exposure to the theme. The index is also taking ESG considerations into account. Companies that are non-compliant with the Global Standards Screening (GSS) or are involved in Controversial Weapons activities, or display a Severe (Category 5) Controversy Rating, as identified by Sustainalytics, are excluded. Additional exclusion filters are incorporated, screening companies for involvement in Weapons (Small Arms and Military Contracting), Unconventional Oil & Gas (Arctic Oil and Gas Exploration, Oil Sands and Shale Energy), Conventional Oil & Gas, Thermal Coal, Nuclear Power and Tobacco.

Key facts

  • Index allows targeted investment in Electric and Autonomous vehicles - a long-term structural trend.
  • Based on FactSet Revere data for a detailed revenue breakdown.
  • Leveraging supply chain relationship data to capture pure-play companies.
  • Inclusion of size and liquidity filters to ensure replicability of the index.
  • Leveraging sustainability data from leading provider (Sustainalytics) to avoid exposure to companies engaged in controversial activities.

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 Global Electric Vehicles & Driving Technology N/A 9.9 0.1 0.1 0.3 0.0 3.5 0.0 32.3
STOXX Global Total Market 77,235.1 65,125.4 5.7 0.6 2,380.1 0.0 3.7 0.0 2.6

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 Global Electric Vehicles & Driving Technology -2.7 20.9 19.6 48.1 41.7 N/A N/A 19.9 14.1 7.3
STOXX Global Total Market -1.7 11.2 12.2 38.9 51.7 N/A N/A 12.3 11.7 8.8
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global Electric Vehicles & Driving Technology N/A N/A 17.5 18.7 21.1 N/A N/A 1.0 0.8 0.4
STOXX Global Total Market N/A N/A 12.5 13.6 17.1 N/A N/A 0.9 0.8 0.5
Index to benchmark Correlation Tracking error (%)
STOXX Global Electric Vehicles & Driving Technology 0.8 0.8 0.8 0.8 0.8 7.8 9.9 9.8 10.4 11.3
Index to benchmark Beta Annualized information ratio
STOXX Global Electric Vehicles & Driving Technology 1.1 1.2 1.2 1.2 1.0 -1.6 1.2 0.7 0.2 -0.1

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

2Based on EURIBOR1M

(EUR, Gross Return), all data as of September 29, 2023

THEME INDICES

STOXX Global Electric Vehicles & Driving Technology

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 Global Electric Vehicles & Driving Technology 18.2 13.1 11.2 11.2 1.4 1.8 0.6 16.8
STOXX Global Total Market 20.3 14.2 16.0 16.0 0.2 2.4 1.3 0.2

Performance and annual returns

Methodology

The parent index of the STOXX Global Electric Vehicles & Driving Technology Index is the STOXX World AC All Cap Index. Companies, classified as belonging to a defined set of developed and emerging countries, that derive more than 50% of their most recent total annual revenue from sectors linked to electric and autonomous vehicle manufacturing are highlighted as potential index components. Companies with more than 50% exposure to sectors linked to batteries and components used in electric and autonomous vehicles are also highlighted as potential components. Then the supply chain relationship of the above groups is examined to identify other potential components. The index excludes companies that are not compliant with the Sustainalytics Global Standards Screening assessment or are involved in Controversial Weapons and other controversial activities. Moreover, companies that display high ESG Controversy Ratings are also excluded.

The index applies liquidity and size screens and aims to have a minimum number of 80 components. It is adjusted equal-weighted and reviewed annually.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0438149848 STXELVP .STXELVP
Net Return EUR CH0438592302 STXELVR .STXELVR
Price USD CH0438592310 STXELVL STXELVL INDEX .STXELVL
Gross Return USD CH0438592328 STXELVGV STXELVGV INDEX .STXELVGV
Net Return USD CH0438592336 STXELVV STXELVV INDEX .STXELVV
Gross Return EUR CH0438592294 STXELVGR .STXELVGR

Quick Facts

Weighting Adjusted Equal-weighted
Cap Factor None
No. of components Min. 80
Review frequency Annual in June
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 22:15:00
Base value/base date 1000 on 18 June 2012
History Available from June. 18, 2012
Inception date Oct. 24, 2018
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

THEME INDICES

STOXX Global Electric Vehicles & Driving Technology

Top 10 Components4

Company Supersector Country Weight
RIVIAN AUTOMOTIVE A Automobiles and Parts USA 3.505%
STELLANTIS Automobiles and Parts Italy 2.739%
Suzuki Motor Corp. Automobiles and Parts Japan 2.639%
EATON CORP. PLC Industrial Goods and Services USA 2.638%
Honda Motor Co. Ltd. Automobiles and Parts Japan 2.632%
NVIDIA Corp. Technology USA 2.624%
TESLA Automobiles and Parts USA 2.475%
ON SEMICON. Technology USA 2.399%
Aptiv Automobiles and Parts USA 2.351%
Denso Corp. Automobiles and Parts Japan 2.328%

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

4Based on the composition as of September 29, 2023