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STRATEGY INDICES

STOXX Global Technology Select 30 EUR

Index Description

The STOXX Global Technology Select 30 EUR and USD indices measure the performance of low-risk stocks characterised by low volatility and high dividend yield from a pool of global Technology stocks. The index uses the market standard Industry Classification Benchmark (ICB) to categorise companies according to their primary source of revenue. This guarantees a professional and accurate classification of companies in their respective business environments. There are four levels of classification ranging from broad to very detailed: 10 industries are broken down into 19 supersectors, 41 sectors and 114 subsectors.

Key facts

  • Broad and liquid universe.
  • Lower volatility stocks receive the highest weights.
  • Exposure to a single ICB industry.

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 Technology Select 30 EUR N/A 1.0 0.0 0.0 0.1 0.0 5.0 2.2 118.9
STOXX Global 1800 Technology 19,398.2 18,853.8 105.9 16.4 3,416.4 1.2 18.1 0.0 2.5

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 Technology Select 30 EUR 4.1 17.0 19.5 22.2 51.5 N/A N/A 19.9 7.0 8.8
STOXX Global 1800 Technology 7.5 39.9 44.3 55.6 209.1 N/A N/A 45.1 16.0 25.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global Technology Select 30 EUR N/A N/A 13.2 13.1 15.6 N/A N/A 1.2 0.3 0.5
STOXX Global 1800 Technology N/A N/A 21.9 25.7 27.4 N/A N/A 1.5 0.5 0.8
Index to benchmark Correlation Tracking error (%)
STOXX Global Technology Select 30 EUR 0.7 0.5 0.5 0.6 0.6 13.4 19.0 18.7 21.3 21.2
Index to benchmark Beta Annualized information ratio
STOXX Global Technology Select 30 EUR 0.5 0.3 0.3 0.3 0.4 -3.1 -1.2 -1.2 -0.6 -0.9

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

2Based on EURIBOR1M

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

STRATEGY INDICES

STOXX Global Technology Select 30 EUR

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 Technology Select 30 EUR 21.2 17.3 21.2 21.2 2.9 2.9 1.7 19.1
STOXX Global 1800 Technology 41.5 31.6 38.3 38.3 11.3 0.9 7.7 27.7

Performance and annual returns

Methodology

The base universe is defined by the STOXX Global 1800. All stocks belonging to the Technology industry are screened for 12-month historical daily pricing data and 12-month historical dividend yield. If one or both values are not available for a stock, the company is removed from the base universe.

All remaining stocks are then ranked in ascending order in terms of volatility and all stocks which do not belong to the top x% are excluded (x being calculated as the square root of the number of stocks in the base universe divided by the target number of stocks in the Select index).

All remaining stocks are then ranked in descending order in terms of 12-month historical dividend yield and the top x% are selected to be included in the Select index. Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The composition is reviewed quarterly.

The detailed methodology including the calculation formula can be found in our rulebook:

www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0375115331 SXGTSER .SXGTSER
Gross Return EUR CH0375115414 SXGTSEGR SXGTSEGR INDEX .SXGTSEGR
Price EUR CH0375115372 SXGTSEE SXGTSEE INDEX .SXGTSEE

Quick Facts

Weighting Inverse volatility weighted
No. of components 30
Review frequency Quarterly, in Mar., Jun., Sep., Dec.
Calculation/distribution Price, Net Return and Gross Return in EUR and USD
Calculation hours 00:00�22:00 CET
Base value/base date 100 as of Mar. 22, 2004
History Available daily back to Mar. 22, 2004
Inception date Aug. 9, 2017
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
SCOUT24 Technology Germany 5.001%
SAGE GRP Technology UK 4.619%
Amdocs Ltd. Technology USA 4.560%
International Business Machine Technology USA 4.393%
AMADEUS IT GROUP Technology Spain 4.313%
TE CONNECTIVITY LTD. Technology USA 4.246%
Cognizant Technology Solutions Technology USA 4.165%
Venture Corp. Ltd. Technology Singapore 3.991%
Otsuka Corp. Technology Japan 3.745%
TIETOEVRY Technology Finland 3.662%

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

4Based on the composition as of November 29, 2024