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DIVIDEND INDICES

STOXX USA Select Dividend 30

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Index Description

The STOXX Select Dividend Indices are designed to measure the performance of the highest dividend-paying stocks relative to their home markets. Stocks are screened by defined historical non-negative dividend-per-share growth rates and dividend to earnings-per-share (EPS) ratios. The index family covers the North America, Europe, Asia/Pacific, Eurozone, USA, EU Enlarged and Global regions. The Global index is a rollup of the European, North America and Asia/Pacific indices. The indices are derived from their respective benchmark index, such as the STOXX North America 600, STOXX Europe 600, STOXX Asia/Pacific 600, EURO STOXX, STOXX USA 900 and STOXX EU Enlarged TMI.

Key facts

  • Components are weighted by their indicated annual net dividend yield, i.e. the largest dividend-yielding companies have the highest weight in the index.
  • Fixed component numbers and cap factors guarantee index diversification.
  • Liquidity screening ensures the index is suitable as an underlying for financial products.

Descriptive Statistics

Index Market Cap (USD bn) Components (USD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX USA Select Dividend 30 N/A 1.3 0.0 0.0 0.1 0.0 5.0 2.1 38.6
STOXX USA 900 57,777.1 55,529.7 61.7 17.6 3,608.4 3.6 6.5 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 USA Select Dividend 30 7.9 19.5 27.3 23.3 63.0 N/A N/A 27.8 7.3 10.4
STOXX USA 900 6.6 28.1 34.4 34.1 101.1 N/A N/A 35.1 10.4 15.2
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX USA Select Dividend 30 N/A N/A 16.5 19.2 27.0 N/A N/A 1.3 0.2 0.3
STOXX USA 900 N/A N/A 12.6 18.2 21.7 N/A N/A 2.1 0.4 0.6
Index to benchmark Correlation Tracking error (%)
STOXX USA Select Dividend 30 0.7 0.5 0.5 0.7 0.8 16.5 14.4 14.3 13.3 16.9
Index to benchmark Beta Annualized information ratio
STOXX USA Select Dividend 30 1.3 0.7 0.7 0.8 1.0 1.0 -0.6 -0.4 -0.3 -0.3

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

2Based on EURIBOR1M

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

DIVIDEND INDICES

STOXX USA Select Dividend 30

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 USA Select Dividend 30 17.7 13.2 16.8 16.8 1.7 4.0 1.2 13.9
STOXX USA 900 31.5 25.4 28.7 28.7 5.4 1.3 3.1 19.6

Performance and annual returns

Methodology

The index universe is the relevant benchmark index. Only dividend paying companies are eligible and those stocks must have a non-negative historical five-year dividend-per-share (DPS) growth rate and a defined dividend to EPS ratio. For the selection, components are sorted by an outperformance factor to their home market and ranked accordingly. A minimum liquidity level and a buffer rule are applied. Detailed index methodology, including information on the outperformance factor and the dividend to EPS ratio can be found in our rulebook:

http://www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0339859073 SXUSD3G .SXUSD3G
Net Return EUR CH0339859115 SXUSD3R .SXUSD3R
Price EUR CH0339859123 SXUSD3P .SXUSD3P
Net Return USD CH0339859099 SXUSD3V SXUSD3V INDEX .SXUSD3V
Gross Return USD CH0339859081 SXUSD3GV .SXUSD3GV
Price USD CH0339859107 SXUSD3L .SXUSD3L

Quick Facts

Weighting Indicated net dividend yield
Cap Factor 15%
No. of components 30
Review frequency Anually
Calculation/distribution Realtime 15 sec. (EUR, USD Price) / end-of-day (others)
Calculation hours 15:30 - 22:15 CET
Base value/base date 100 as of Mar. 22, 2004
History Available since Mar. 22, 2004
Inception date Oct. 20, 2016
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
International Paper Co. Basic Resources USA 5.006%
Comerica Inc. Banks USA 4.657%
CITIZENS FINANCIAL GROUP Banks USA 4.436%
KeyCorp Banks USA 4.363%
Verizon Communications Inc. Telecommunications USA 4.351%
Regions Financial Corp. Banks USA 4.193%
JANUS HENDERSON Financial Services USA 4.117%
Entergy Corp. Utilities USA 3.943%
OGE EN. Utilities USA 3.823%
Huntington Bancshares Inc. Banks USA 3.693%

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.