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ISTOXX INDICES

iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5%

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Index Description

The iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5% Index replicates the performance of the net return version of the iSTOXX AI Global Artificial Intelligence Large 100 Index assuming a constant 5% performance deduction per annum. The performance deduction accrues on a daily basis. The iSTOXX AI Global Artificial Intelligence Large 100 Index allows a targeted investment in 100 companies from a wide range of industries that invest heavily in the development of new AI technologies. These companies are therefore considered to be well-positioned to benefit from the increased adoption of AI technologies.

Key facts

  • Due to the performance deduction, the decrement index underperforms the net return version of the iSTOXX AI Global Artificial Intelligence Large 100 Index, which includes net dividend investments.
  • The decrement index may perform better than the price version of the iSTOXX AI Global Artificial Intelligence Large 100 Index, which does not consider dividend investments, if the overall net dividend yield of the base index is greater than the value being subtracted.

Descriptive Statistics

Index Market Cap (EUR ) Components (EUR ) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5% N/A N/A N/A N/A N/A N/A N/A N/A N/A
STOXX Global Intelligent Computing ADTV5 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
iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5% 5.9 26.1 34.4 26.4 87.6 N/A N/A 35.1 8.2 13.6
STOXX Global Intelligent Computing ADTV5 7.8 6.6 15.0 12.2 69.1 N/A N/A 15.3 3.9 11.2
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5% N/A N/A 21.5 22.2 23.8 N/A N/A 1.2 0.2 0.5
STOXX Global Intelligent Computing ADTV5 N/A N/A 18.6 18.8 20.3 N/A N/A 0.6 0.1 0.5
Index to benchmark Correlation Tracking error (%)
iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5% 0.9 0.8 0.8 0.9 0.9 10.2 11.9 12.0 10.3 10.3
Index to benchmark Beta Annualized information ratio
iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5% 0.7 1.0 1.0 1.0 1.1 -2.2 1.5 1.3 0.4 0.2

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

2Based on EURIBOR1M

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

ISTOXX INDICES

iSTOXX AI Global Artificial Intelligence Large 100 NR Decrement 5%

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 AI Global Artificial Intelligence Large 100 NR Decrement 5% N/A N/A N/A N/A N/A N/A N/A N/A
STOXX Global Intelligent Computing ADTV5 N/A N/A N/A N/A N/A N/A N/A N/A

Performance and annual returns

Methodology

The index components and weights exactly match those of the base index, the iSTOXX AI Global Artificial Intelligence Large 100 Index. It replicates the performance of the net return version of the base index assuming a constant 5% performance deduction per annum. The performance deduction accrues constantly on a daily basis. All changes and adjustments to the base index are reflected in the decrement index.

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

Quick Facts

Weighting free-float market capitalization
Cap Factor 0.1
No. of components 100
Review frequency Quarterly
Calculation/distribution realtime 15 sec
Calculation hours 09:00:00 22:30:00
Base value/base date 1000 as of Mar. 15, 2013
History Available since Mar. 15, 2013
Inception date Jan. 13, 2021
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://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.