Summary
The iSTOXX Developed World Min Vol ESG index (iSTOXX Dev World MV ESG) is designed to track the performance of an optimized minimum variance portfolio that will incorporate tilts towards companies that exhibit low volatility, favourable fundamentals (specifically profitability and leverage), and superior ESG scores. The index is constructed in two steps, first by creating a minimum variance portfolio based on the STOXX Developed World index, and second by improving the Climate and ESG profiles of this portfolio, using data from ISS ESG and LGIM, respectively. The index rules ensure tradability, diversification, positive exposure to fundamental quality (i.e., positive exposure to profitability and low leverage), and untargeted factor and industry/country/region exposures are risk managed and imposed on the index components such that the index overall ESG score is at least 10% better than iSTOXX Developed World MV Index.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
| NVIDIA Corp. | US |
| Johnson & Johnson | US |
| Procter & Gamble Co. | US |
| Costco Wholesale Corp. | US |
| WALMART INC. | US |
| Apple Inc. | US |
| Advantest Corp. | JP |
| Progressive Corp. | US |
| ZURICH INSURANCE GROUP | CH |
| Microsoft Corp. | US |