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STRATEGY INDICES

STOXX Global 1800 Daily Hedged

Index Description

STOXX Hedged Indices measure the performance of an underlying index while at the same time eliminating foreign currency fluctuations by hedging the local currency risk of the underlying constituents. The indices combine the performance of the underlying STOXX index with a hypothetical rolling investment in one-month foreign-exchange forward contracts, with daily adjustment of invested notional and currency exposures.

Key facts

  • Eliminates the risk of currency fluctuations at the cost of potential currency gains

Descriptive Statistics

Index Market Cap (EUR ) Components (EUR ) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX Global 1800 Daily Hedged N/A N/A N/A N/A N/A N/A N/A N/A N/A
STOXX Global 1800 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
STOXX Global 1800 Daily Hedged 2.3 12.2 18.3 16.2 56.2 N/A N/A 18.8 5.2 9.4
STOXX Global 1800 3.1 13.9 20.0 27.1 69.0 N/A N/A 20.4 8.4 11.2
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global 1800 Daily Hedged N/A N/A 9.3 14.1 17.3 N/A N/A 1.5 0.2 0.5
STOXX Global 1800 N/A N/A 9.3 13.6 17.3 N/A N/A 1.7 0.5 0.6
Index to benchmark Correlation Tracking error (%)
STOXX Global 1800 Daily Hedged N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Index to benchmark Beta Annualized information ratio
STOXX Global 1800 Daily Hedged N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

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

2Based on EURIBOR1M

(EUR, Price), all data as of June 28, 2024

STRATEGY INDICES

STOXX Global 1800 Daily Hedged

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 1800 Daily Hedged N/A N/A N/A N/A N/A N/A N/A N/A
STOXX Global 1800 N/A N/A N/A N/A N/A N/A N/A N/A

Performance and annual returns

Methodology

The STOXX Global 1800 Daily Hedged Index represents the returns of an investment in the STOXX® Global 1800 Index that involves hedging the local currency risk of the underlying constituents. This is achieved by a hypothetical rolling investment in one-month foreign-exchange forward contracts, with daily adjustment of invested notional and currency exposures.


The detailed methodology including the calculation formula can be found in our rulebooks: www.stoxx.com/rulebooks

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0313264878 SXW1GDH SXW1GDH INDEX .SXW1GDH
Gross Return EUR CH0313264860 SXW1GRDH SXW1GRDH INDEX .SXW1GRDH
Price EUR CH0313264886 SXW1EDH SXW1EDH INDEX .SXW1EDH

Quick Facts

Weighting Free-float market cap
Cap Factor 20% on a component level
No. of components Fixed; 1800
Review frequency Quarterly (Mar., Jun., Sep., Dec.)
Calculation/distribution dayend
Calculation hours 22:30:00 22:30:00
Base value/base date 100 as of Jan. 30, 2004
History Available since Jan. 30 2004
Inception date Jun. 05, 2019
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://qontigo.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.