Continue active refreshing of this index's data?

Continue active refreshing of this index's data?

STRATEGY INDICES

EURO STOXX 50 Covered Call Target Income 8%

Export PDF

Index Description

The EURO STOXX 50 Covered Call Target Income 8% Index reflects the so-called ‘buy-write’ option strategy with dynamically adjusted notional to target a predefined income yield level.

Key facts

  • The strategy is based on holding a long position of the underlying index and a short position on the respective call option with adjusted notional.
  • The call option is rolled monthly on the 3rd business day ahead of the third Friday and replaced with an ATM option that has a one-month maturity.
  • The index is disseminated real time between 09:00 – 22:30 CET Europe.

Descriptive Statistics

Index Market Cap (EUR ) Components (EUR ) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
EURO STOXX 50 Covered Call Target Income 8% N/A N/A N/A N/A N/A N/A N/A N/A N/A
EURO STOXX 50 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
EURO STOXX 50 Covered Call Target Income 8% 3.0 N/A 13.1 48.3 77.9 N/A N/A 13.6 14.4 12.4
EURO STOXX 50 3.3 6.2 15.1 55.9 90.0 N/A N/A 15.4 16.2 13.9
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
EURO STOXX 50 Covered Call Target Income 8% N/A N/A 15.0 12.8 15.3 N/A N/A 0.7 0.8 0.6
EURO STOXX 50 N/A N/A 16.6 14.7 17.0 N/A N/A 0.7 0.8 0.6
Index to benchmark Correlation Tracking error (%)
EURO STOXX 50 Covered Call Target Income 8% 1.0 N/A 1.0 1.0 1.0 2.0 N/A 2.6 2.6 2.5
Index to benchmark Beta Annualized information ratio
EURO STOXX 50 Covered Call Target Income 8% 0.8 N/A 0.9 0.9 0.9 -2.2 N/A -0.8 -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 February 27, 2026

STRATEGY INDICES

EURO STOXX 50 Covered Call Target Income 8%

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
EURO STOXX 50 Covered Call Target Income 8% N/A N/A N/A N/A N/A N/A N/A N/A
EURO STOXX 50 N/A N/A N/A N/A N/A N/A N/A N/A

Performance and annual returns

Methodology

The EURO STOXX 50 Covered Call Target Income 8% Index reflects the so-called ‘buy-write’ option strategy with dynamically adjusted notional to target a predefined income yield level.

With this strategy, an investor buys the EURO STOXX 50 index as an underlying instrument and simultaneously sells a EURO STOXX 50 call option.

During the monthly rollover procedure, the expiring call option is bought to close and a new option is sold. The index is based on the EURO STOXX 50 index and a EURO STOXX 50 call option traded at Eurex.

Quick Facts

Weighting na
Cap Factor na
No. of components na
Review frequency monthly 
Calculation/distribution Realtime 15 sec
Calculation hours 09:00:00 22:30:00
Base value/base date 100 as of December 13, 2016
History Available from December 13, 2016
Inception date Feburary. 27, 2026
To learn more about the inception date, the currency, the 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.