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DIVIDEND INDICES

EURO iSTOXX ex Financials High Dividend 50

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Index Description

The EURO iSTOXX ex Financials High Dividend 50 Index is an extension of the EURO STOXX ex Financials family of indices. The index aims to select the top 50 stocks by dividend yield in the EURO STOXX ex Financials universe. The constituents are weighted according to their one-year historical dividend yield (with a 10% constituent cap).

Key facts

  • Constituents are weighted according to their one-year historical dividend yield
  • Highly liquid benchmark
  • Excludes stocks that are allocated to the industry 'Financials' according to the Industry Classification Benchmark (ICB).

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
EURO iSTOXX ex Financials High Dividend 50 N/A 1.0 0.0 0.0 0.0 0.0 3.5 1.2 76.0
EURO STOXX ex Financials 6,053.0 4,295.1 17.7 6.4 263.1 1.1 6.1 0.0 3.3

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
EURO iSTOXX ex Financials High Dividend 50 -2.2 0.2 3.2 22.5 31.4 N/A N/A 3.2 7.1 5.7
EURO STOXX ex Financials 0.4 4.5 8.1 9.8 33.8 N/A N/A 8.3 3.2 6.1
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
EURO iSTOXX ex Financials High Dividend 50 N/A N/A 10.5 14.3 19.6 N/A N/A 0.0 0.3 0.2
EURO STOXX ex Financials N/A N/A 12.3 16.8 19.2 N/A N/A 0.4 0.0 0.2
Index to benchmark Correlation Tracking error (%)
EURO iSTOXX ex Financials High Dividend 50 0.9 0.7 0.7 0.9 0.9 7.9 8.7 8.4 8.6 9.2
Index to benchmark Beta Annualized information ratio
EURO iSTOXX ex Financials High Dividend 50 0.8 0.6 0.6 0.7 0.9 -4.2 -0.6 -0.6 0.3 -0.1

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

2Based on EURIBOR1M

(EUR, Net Return), all data as of November 29, 2024

DIVIDEND INDICES

EURO iSTOXX ex Financials High Dividend 50

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 iSTOXX ex Financials High Dividend 50 9.4 8.7 9.0 9.0 0.8 4.1 0.4 7.7
EURO STOXX ex Financials 21.6 16.4 18.7 18.7 2.1 2.2 1.1 -9.3

Performance and annual returns

Methodology

The EURO iSTOXX ex Financials High Dividend 50 Index uses the EURO STOXX ex Financials index as base universe. First, all stocks whose 12-month historical dividend yield is not available as of the cutoff date are excluded. All remaining companies are ranked in descending order in terms of dividend yield and the top 50 are selected. All constituents are weighted according to their dividend yield, with a cap of 10%.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0291098314 SXENFDGR .SXENFDGR
Net Return EUR CH0291098298 SXENFDR SXENFDR INDEX .SXENFDR
Price EUR CH0291098033 SXENFDP SXENFDP INDEX .SXENFDP
Gross Return USD CH0291098991 SXENFDGV .SXENFDGV
Price USD CH0291098926 SXENFDL .SXENFDL
Net Return USD CH0291098959 SXENFDV .SXENFDV

Quick Facts

Weighting Dividend yield
Cap Factor 10%
No. of components 50
Review frequency Quarterly
Calculation/distribution Price, net and gross return in EUR and USD
Calculation hours Price: real-time (9:00 am to 6:00 pm), others: end of day (6:00 pm)
Base value/base date 100 as of Mar. 22, 2004
History Available from Mar. 22, 2004
Inception date Aug. 28, 2015
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
STELLANTIS Automobiles and Parts Italy 3.485%
ENGIE Utilities France 3.134%
VOLKSWAGEN PREF Automobiles and Parts Germany 3.101%
MERCEDES-BENZ GROUP Automobiles and Parts Germany 2.968%
OMV Energy Austria 2.848%
TELEFONICA Telecommunications Spain 2.735%
BASF Chemicals Germany 2.702%
REPSOL Energy Spain 2.658%
FORTUM Utilities Finland 2.642%
BMW Automobiles and Parts Germany 2.577%

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

4Based on the composition as of November 29, 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.

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.