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ISTOXX INDICES

iSTOXX APG Developed Real Estate

Index Description

The iSTOXX APG Developed Real Estate Index is a free float-adjusted market capitalization index designed to capture the performance of companies classified in the Real Estate sector, according to the ICB Classification, and whose revenues derive from Real Estate activities.

Key facts

  • The parent index of the iSTOXX APG Developed Real Estate Index is the STOXX Developed Total Market Index.
  • The index applies liquidity, size and ICB subsectors screens.
  • Furthermore, companies are screened by their most recent total annual revenue derived from real estate activities.
  • It is a free-float market cap weighted index.
  • The index is reviewed semi-annually in March and September.

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
iSTOXX APG Developed Real Estate 1,729.3 1,517.0 4.7 1.9 111.4 0.2 7.3 0.0 5.4
STOXX Developed Markets Total Market 77,301.3 69,222.4 9.1 1.0 2,895.3 0.0 4.2 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
iSTOXX APG Developed Real Estate 3.5 1.1 8.5 6.1 10.0 N/A N/A 8.5 2.0 1.9
STOXX Developed Markets Total Market 3.4 10.8 24.7 34.4 77.7 N/A N/A 25.4 10.5 12.3
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX APG Developed Real Estate N/A N/A 14.1 14.9 19.0 N/A N/A 0.4 0.0 0.1
STOXX Developed Markets Total Market N/A N/A 10.0 13.9 17.6 N/A N/A 2.1 0.6 0.6
Index to benchmark Correlation Tracking error (%)
iSTOXX APG Developed Real Estate 0.5 0.6 0.7 0.7 0.8 10.2 10.0 10.6 10.6 11.4
Index to benchmark Beta Annualized information ratio
iSTOXX APG Developed Real Estate 0.8 0.8 0.9 0.8 0.9 -0.1 -3.9 -1.5 -0.8 -0.8

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

2Based on EURIBOR1M

(EUR, Net Return), all data as of March 29, 2024

ISTOXX INDICES

iSTOXX APG Developed Real Estate

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
iSTOXX APG Developed Real Estate 78.4 26.1 25.7 25.7 1.3 3.4 5.4 -453.4
STOXX Developed Markets Total Market 27.7 19.5 21.0 21.0 3.0 1.9 1.9 2.5

Performance and annual returns

Methodology

The iSTOXX APG Developed Real Estate Index is a free float-adjusted market capitalization index designed to capture the performance of companies classified in the Real Estate sector, according to the ICB Classification, and whose revenues derive from Real Estate activities.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0462363232 ISARGR .ISARGR
Price EUR CH0462363224 ISARP .ISARP
Net Return EUR CH0462363240 ISARR .ISARR
Net Return USD CH0462363273 ISARV .ISARV
Price USD CH0462363257 ISARL .ISARL
Gross Return USD CH0462363265 ISARGV .ISARGV

Quick Facts

Weighting Free float market cap weighted
Cap Factor N/A
No. of components Variable
Review frequency Semi-Annually
Calculation/distribution Realtime 15 sec
Calculation hours 09:00:00 18:00:00
Base value/base date 1000 as of September. 21, 2012
History Available from Sep. 21, 2012
Inception date January. 31, 2023
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

ISTOXX INDICES

iSTOXX APG Developed Real Estate

Top 10 Components4

Company Supersector Country Weight
PROLOGIS INC. Real Estate USA 7.352%
Equinix Inc. Real Estate USA 4.735%
Welltower Inc. Real Estate USA 3.248%
Simon Property Group Inc. Real Estate USA 2.945%
REALTY INCOME Real Estate USA 2.847%
Public Storage Real Estate USA 2.810%
Digital Realty Trust Inc. Real Estate USA 2.604%
EXTRA SPACE STORAGE Real Estate USA 1.898%
VICI PPTYS Real Estate USA 1.883%
Mitsui Fudosan Co. Ltd. Real Estate Japan 1.842%

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

4Based on the composition as of March 29, 2024