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BENCHMARK INDICES

STOXX Nordic

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Index Description

The STOXX Global 1800 derived benchmark indices are designed to provide a broad yet investable representation of the world's developed markets of Europe, North America and Asia/Pacific, represented by the STOXX Europe 600, the STOXX North America 600 and the STOXX Asia/Pacific 600 indices.The STOXX Global 1800 Index is a combination of all three indices. The EURO STOXX Index, a Eurozone subset, is derived from the STOXX Europe 600, as is the STOXX Nordic, a subset covering the Nordic region (Denmark, Finland, Iceland, Norway and Sweden).

Key facts

  • Broad and liquid index benchmarks with well-balanced diversification of all regions: Europe, North America and Asia/Pacific are each represented by 600 components
  • Broad number of components
  • Index composition/design strictly rules based, objective and transparent
  • Serve as benchmarks for the relevant regions/actively managed funds
  • Serve as an underlying for a variety of financial products, are used for academic research and receive wide media coverage

Descriptive Statistics

Index Market Cap (DKK bn) Components (DKK bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX Nordic 12,740.3 10,156.2 82.6 41.0 2,428.2 9.8 23.9 0.1 3.3
STOXX Nordic Total Market 15,777.9 12,130.6 21.3 3.3 2,428.2 0.0 20.0 0.0 2.0

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 Nordic -0.3 5.7 12.0 10.0 65.7 N/A N/A 12.2 3.3 10.8
STOXX Nordic Total Market -0.2 6.0 13.2 8.2 65.3 N/A N/A 13.4 2.7 10.7
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Nordic N/A N/A 13.3 17.6 19.2 N/A N/A 0.6 0.0 0.5
STOXX Nordic Total Market N/A N/A 13.1 17.8 19.4 N/A N/A 0.7 0.0 0.5
Index to benchmark Correlation Tracking error (%)
STOXX Nordic 1.0 1.0 1.0 1.0 1.0 1.6 1.6 1.6 1.5 1.5
Index to benchmark Beta Annualized information ratio
STOXX Nordic 1.0 1.0 1.0 1.0 1.0 -0.7 -0.2 -0.7 0.3 0.0

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

2Based on EURIBOR1M

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

BENCHMARK INDICES

STOXX Nordic

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 Nordic 19.2 17.6 18.0 18.0 2.8 2.9 2.0 25.3
STOXX Nordic Total Market 21.1 17.2 16.7 16.7 2.4 3.1 1.6 12.6

Performance and annual returns

Methodology

The Global 1800 Index is a combination of the 600 largest stocks measured by free-float market cap of the following regions: Europe, the Americas, Asia/Pacific. The STOXX North America 600 comprises the 600 largest stocks from the STOXX North America TMI. The STOXX Asia/Pacific 600 comprises the 600 largest stocks from the STOXX Asia/Pacific TMI. The EURO STOXX and STOXX Nordic indices are derived from the STOXX Europe 600 Index. The detailed methodology including the calculation formula can be found in our rulebook : http://www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0006575010 DKXG DKXG INDEX .DKXG
Price EUR CH0006574997 DKXF DKXF INDEX .DKXF
Price USD CH0006575002 DKXH DKXH INDEX .DKXH
Net Return USD CH0006575028 DKXI DKXI INDEX .DKXI
Price DKK CH0037486948 DKXDX DKXDX INDEX .DKXDX
Net Return DKK CH0037486930 DKXDY DKXDY INDEX .DKXDY
Net Return NOK CH0037486088 DKXNY DKXNY INDEX .DKXNY
Price NOK CH0037486138 DKXNX DKXNX INDEX .DKXNX
Net Return SEK CH0037485239 DKXY DKXY INDEX .DKXY
Price SEK CH0037485247 DKXX DKXX INDEX .DKXX
Gross Return DKK CH0147787664 DKXDZ
Gross Return EUR CH0147795493 DKXGR
Gross Return NOK CH0147795311 DKXNZ
Gross Return SEK CH0147795402 DKXSZ
Gross Return USD CH0147790221 DKXDGV

Quick Facts

Weighting Free-float market cap
Cap Factor 20% for Global, Europe, North America, Asia/Pacific and Eurozone; no cap for Nordic Index
No. of components 600 for the three regional indices; 1,800 for the combined index; variable for Eurozone and Nordic subset
Review frequency Quarterly (Mar., Jun., Sep., Dec.)
To learn more about the inception date, currency versions, calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
NOVO NORDISK B Health Care Denmark 23.908%
INVESTOR B Financial Services Sweden 3.472%
ATLAS COPCO A Industrial Goods and Services Sweden 2.859%
NORDEA BANK Banks Finland 2.756%
VOLVO B Industrial Goods and Services Sweden 2.747%
DSV Industrial Goods and Services Denmark 2.588%
ASSA ABLOY Construction and Materials Sweden 2.114%
ERICSSON LM B Telecommunications Sweden 1.743%
EQT Financial Services Sweden 1.707%
SKANDINAVISKA ENSKILDA BK A Banks Sweden 1.566%

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.