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ISTOXX INDICES

EURO iSTOXX Environmental 50 Equal Weight

Index Description

The EURO iSTOXX Environmental 50 Equal Weight Index tracks the performance of 50 liquid Eurozone stocks that are classed as leaders with regard to environmental criteria. Companies must also fulfill certain standards for other ESG aspects. ESG assessment is based on Sustainalytics' transparent ESG performance rating model. The index components are equal-weighted; and the index is reviewed quarterly.

Key facts

  • Offers balanced approach to ESG-conscious investing
  • Consistently picks companies whose initiatives are changing big business's relationship with the environment
  • Index performance less dependent on the performance of individual members due to the reduced importance of single components
  • Stronger representation of smaller companies, compared to a market capitalization-weighted version
  • Liquid benchmark

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
EURO iSTOXX Environmental 50 Equal Weight N/A 102.8 2.1 2.1 2.3 1.8 2.2 1.7 44.0
EURO STOXX 7,777.0 5,615.7 19.0 7.1 356.5 1.1 6.3 0.0 3.8

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
EURO iSTOXX Environmental 50 Equal Weight 5.7 8.1 14.1 16.9 35.5 N/A N/A 14.4 5.4 6.3
EURO STOXX 4.4 9.7 13.8 20.4 41.8 N/A N/A 14.1 6.5 7.3
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
EURO iSTOXX Environmental 50 Equal Weight N/A N/A 10.4 16.5 19.9 N/A N/A 1.0 0.2 0.3
EURO STOXX N/A N/A 11.0 16.8 19.6 N/A N/A 0.9 0.3 0.3
Index to benchmark Correlation Tracking error (%)
EURO iSTOXX Environmental 50 Equal Weight 0.9 0.9 0.9 1.0 1.0 3.1 4.2 4.0 4.1 3.9
Index to benchmark Beta Annualized information ratio
EURO iSTOXX Environmental 50 Equal Weight 0.8 0.8 0.9 1.0 1.0 5.2 -1.5 0.0 -0.3 -0.2

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

2Based on EURIBOR1M

(EUR, Price), all data as of March 29, 2024

ISTOXX INDICES

EURO iSTOXX Environmental 50 Equal Weight

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
EURO iSTOXX Environmental 50 Equal Weight 13.9 11.4 12.8 12.8 1.3 3.8 1.3 16.4
EURO STOXX 17.3 13.6 15.1 15.1 1.8 2.9 1.2 26.7

Performance and annual returns

Methodology

The parent index is the STOXX® Europe 600 Index. Components are selected if they come from a Eurozone country, are not in contravention of UN Global Compact principles or involved in controversial weapons activities, as identified by Sustainalytics, and have environmental (E), social (S) and governance (G) scores equal to or exceeding 50, as determined by Sustainalytics.
All eligible companies are ranked in descending order based on their free-float market capitalization. The 100 companies with the highest free-float market capitalization are ranked again in descending order based on their E score. The 50 companies with the highest E scores are selected for the index.
The components are equal-weighted; and the index is reviewed quarterly.
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
Gross Return EUR CH0459308562 ISXE50EG ISXE50EG INDEX .ISXE50EG
Net Return EUR CH0459308539 ISXE50EN ISXE50EN INDEX .ISXE50EN
Price EUR CH0459308521 ISXE50EP ISXE50EP INDEX .ISXE50EP
Price USD CH0459308430 ISXE50UP .ISXE50UP
Net Return USD CH0459308463 ISXE50UN .ISXE50UN
Gross Return USD CH0459308497 ISXE50UG .ISXE50UG

Quick Facts

Weighting Equal Weight
Cap Factor No cap
No. of components 50
Review frequency Quarterly
Calculation/distribution realtime 15 sec
Calculation hours 09:00:00 18:00:00
Base value/base date 100 as of Mar. 19, 2012
History Available since Mar. 19, 2012
Inception date Jan. 30, 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.

ISTOXX INDICES

EURO iSTOXX Environmental 50 Equal Weight

Top 10 Components4

Company Supersector Country Weight
COMMERZBANK Banks Germany 2.240%
DEUTSCHE BANK Banks Germany 2.231%
ING GRP Banks Netherlands 2.221%
BCO SANTANDER Banks Spain 2.210%
BNP PARIBAS Banks France 2.194%
UNICREDIT Banks Italy 2.181%
UNICREDIT Banks Germany 2.181%
BCO BILBAO VIZCAYA ARGENTARIA Banks Spain 2.181%
INTESA SANPAOLO Banks Italy 2.119%
ALLIANZ Insurance Germany 2.108%

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

4Based on the composition as of March 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.