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ENVIRONMENTAL SOCIAL GOVERNANCE INDICES

STOXX Asia/Pacific 600 ESG Target TE

Index Description

STOXX ESG Target TE Indices aim to minimize tracking error to the benchmark index while ensuring an improved ESG score. The weighting of each constituent security is determined through an optimization process that is designed to ensure diversification and uses Axioma�s Risk Model and Optimizer to construct the indices.

Key facts

  • STOXX ESG Target TE Indices minimize the tracking error to the benchmark index.
  • The aggregate ESG scores of the STOXX ESG Target TE Indices are substantially improved over the benchmark index.
  • Turnover is held to levels comparable to the benchmark index.

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 Asia/Pacific 600 ESG Target TE N/A 100.0 0.2 0.1 3.1 0.0 3.1 0.0 8.0
STOXX Asia/Pacific 600 7,532.9 6,381.3 10.6 4.1 199.1 1.0 3.1 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 Asia/Pacific 600 ESG Target TE -1.9 7.3 16.7 3.4 14.9 N/A N/A 16.9 1.1 2.8
STOXX Asia/Pacific 600 -2.2 9.1 18.7 11.9 30.8 N/A N/A 19.0 3.9 5.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Asia/Pacific 600 ESG Target TE N/A N/A 18.6 16.2 16.5 N/A N/A 0.8 0.0 0.1
STOXX Asia/Pacific 600 N/A N/A 18.5 16.1 16.4 N/A N/A 0.9 0.2 0.3
Index to benchmark Correlation Tracking error (%)
STOXX Asia/Pacific 600 ESG Target TE 1.0 1.0 1.0 1.0 1.0 0.6 1.1 1.1 1.1 1.1
Index to benchmark Beta Annualized information ratio
STOXX Asia/Pacific 600 ESG Target TE 1.0 1.0 1.0 1.0 1.0 5.6 -1.8 -1.7 -2.5 -2.5

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

2Based on EURIBOR1M

(EUR, Price), all data as of October 31, 2024

ENVIRONMENTAL SOCIAL GOVERNANCE INDICES

STOXX Asia/Pacific 600 ESG Target TE

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 Asia/Pacific 600 ESG Target TE 14.6 15.5 13.7 13.7 1.5 3.0 1.2 15.7
STOXX Asia/Pacific 600 14.7 15.5 13.8 13.8 1.5 3.0 1.2 12.8

Performance and annual returns

Methodology

The weighting of each constituent security in STOXX ESG Target TE Indices is determined by optimization to minimize the tracking error to the benchmark index. In addition, the methodology constrains the ESG to a minimum value, quarterly turnover to a maximum value, and limits the active country and industry exposures.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0583522724 SXPRETA SXPRETA INDEX .SXPRETA
Price EUR CH0583522385 SXPPETA SXPPETA INDEX .SXPPETA
Gross Return EUR CH0583522658 SXPWETA .SXPWETA
Net Return USD CH0583522419 SXPVETA SXPVETA INDEX .SXPVETA
Price USD CH0583522757 SXPLETA SXPLETA INDEX .SXPLETA
Gross Return USD CH0583522799 SXPZETA .SXPZETA

Quick Facts

Weighting Optimization
Cap Factor 4.5% / 8% / 35%
No. of components Variable
Review frequency Quarterly (Mar., Jun., Sep., Dec)
Calculation/distribution realtime 15 sec
Calculation hours 00:00:01 18:00:00
Base value/base date 100 as of Mar. 19, 2012
History Available from Mar. 19, 2012
Inception date Apr. 22, 2021
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
Toyota Motor Corp. Automobiles and Parts Japan 3.102%
Commonwealth Bank of Australia Banks Australia 2.446%
Mitsubishi UFJ Financial Group Banks Japan 1.929%
Hitachi Ltd. Industrial Goods and Services Japan 1.824%
SONY GROUP CORP. Consumer Products and Services Japan 1.672%
RECRUIT HOLDINGS Industrial Goods and Services Japan 1.434%
AIA GROUP Insurance Hong Kong 1.378%
Mitsubishi Corp. Industrial Goods and Services Japan 1.364%
National Australia Bank Ltd. Banks Australia 1.337%
Keyence Corp. Industrial Goods and Services Japan 1.328%

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

4Based on the composition as of October 31, 2024

ENVIRONMENTAL SOCIAL GOVERNANCE INDICES

STOXX Asia/Pacific 600 ESG Target TE