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THEME INDICES

STOXX Developed World Defense Capped

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Index Description

The STOXX Developed World Defense Capped Index is designed to capture the performance of companies classified in the Defense subsector, according to the ICB Classification. Companies that are involved in anti-personnel mines, biological weapons, chemical weapons and cluster munitions activities as identified by ISS ESG, are not eligible.

Key facts

  • Index selection is based on Aerospace and Defense ICB sub sector
  • The index is free-float market-capitalization weighted with 10% capping.
  • Intra quarter capping is triggered if largest company exceeds 35% or second largest exceeds 20% weight.
  • The review is conducted quarterly in March, June, September and December.

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 Developed World Defense Capped 330.1 271.7 8.5 3.6 36.5 0.6 13.4 0.2 N/A
STOXX Developed World Universal All Cap 99,700.6 91,423.1 11.6 1.0 4,238.9 0.0 4.6 0.0 3.1

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 Developed World Defense Capped -5.1 -1.4 0.9 163.5 262.6 N/A N/A 0.9 38.2 29.4
STOXX Developed World Universal All Cap 1.5 13.4 25.6 62.9 76.4 N/A N/A 25.6 17.7 12.0
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Developed World Defense Capped N/A N/A 27.2 22.7 21.2 N/A N/A 0.0 1.4 1.2
STOXX Developed World Universal All Cap N/A N/A 10.6 12.9 14.1 N/A N/A 2.0 1.1 0.7
Index to benchmark Correlation Tracking error (%)
STOXX Developed World Defense Capped 0.2 0.5 0.5 0.5 0.5 28.6 28.0 24.0 20.2 18.7
Index to benchmark Beta Annualized information ratio
STOXX Developed World Defense Capped 0.5 1.3 1.2 0.8 0.7 -2.8 -1.0 -0.9 0.8 0.7

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

2Based on EURIBOR1M

(EUR, Gross Return), all data as of June 30, 2026

THEME INDICES

STOXX Developed World Defense Capped

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 Developed World Defense Capped 42.6 30.0 38.6 29.2 5.2 0.9 2.9 28.0
STOXX Developed World Universal All Cap 29.5 20.6 23.3 19.8 3.5 2.1 2.5 14.8

Performance and annual returns

Methodology

All securities in the universe are screened for the below information at the review cut-off date:
- Country Classification: Non-signatory countries to the Nuclear Non-Proliferation Treaty (NPT)
- ICB Subsector Classification: Defense (50201020)
- Controversial Weapons involvement: anti-personnel mines, biological weapons, chemical weapons and cluster munitions

All securities in the universe that passed the selection screenings are selected for final index composition.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH1546181285 SWDDCR .SWDDCR
Gross Return EUR CH1546181293 SWDDCGR .SWDDCGR
Price EUR CH1546181277 SWDDCP .SWDDCP
Gross Return USD CH1546181327 SWDDCGV .SWDDCGV
Price USD CH1546181301 SWDDCL .SWDDCL
Net Return USD CH1546181319 SWDDCV SWDDCV INDEX .SWDDCV

Quick Facts

Weighting Free float market cap weighted
Cap Factor 0.1
No. of components Variable
Review frequency Quarterly
Calculation/distribution Realtime 15 sec
Calculation hours 00:00:00 22:30:00
Base value/base date 1000 as of September 21, 2015
History Available from September 21, 2015
Inception date 2026-06-30 00:00:00
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
AXON ENTERPRISE Industrial Goods and Services USA 13.419%
General Dynamics Corp. Industrial Goods and Services USA 10.257%
L3HARRIS TECHNOLOGIES Industrial Goods and Services USA 9.990%
CURTISS WRIGHT Industrial Goods and Services USA 9.010%
THALES Industrial Goods and Services France 8.519%
RHEINMETALL Industrial Goods and Services Germany 8.321%
LEONARDO Industrial Goods and Services Italy 6.989%
BWX TECHNOLOGIES Industrial Goods and Services USA 5.740%
HUNTINGTON INGALLS INDUSTRIES Industrial Goods and Services USA 3.550%
KRATOS DEF&SCTY.SLTN. Industrial Goods and Services USA 3.010%

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

4Based on the composition as of June 30, 2026

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.