Continue active refreshing of this index's data?

Continue active refreshing of this index's data?

Export PDF

ISTOXX INDICES

iSTOXX Global Ethical Select 30

Index Description

The iSTOXX Global Ethical Select 30 Index is comprised of 30 liquid stocks with low volatility and high dividend yield that are selected from a pool of companies that are in alignment with the moral and social teachings of the Christian religion (social, environmental, ethical and economic responsibility). Industry and country filters are applied in the selection process to ensure diversification. Companies that are in contravention of the Global Standards Screening or are involved in Controversial Weapons activities, as identified by Sustainalytics, are excluded. Additionally, companies involved in Weapons (Small Arms and Military Contracting), Animal Testing, Fur and Specialty Retail, Adult Entertainment, Alcoholic Beverages, Gambling, Tobacco, Abortion, Contraceptives, Human Embryonic Stem Cells, Genetically Modified Plants and Seeds, Pesticides, Palm Oil, Predatory Lending, Unconventional Oil & Gas (Arctic Oil and Gas Exploration, Oil Sands and Shale Energy), Conventional Oil & Gas, Thermal Coal, and Nuclear Power are also excluded.

Key facts

  • Selection of 30 liquid stocks with low volatility and high dividend yield
  • Liquidity filter ensure replicability
  • Companies are Global Standards Screening-compliant and are not involved in Controversial Weapons
  • Product involvement filters are applied to ensure that companies are in alignment with the moral and social teachings of the Christian religion

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 Global Ethical Select 30 N/A 101.7 3.4 3.5 4.6 2.4 4.5 2.4 191.7
STOXX Global Select 100 EUR N/A 1.0 0.0 0.0 0.0 0.0 1.4 0.8 134.0

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
iSTOXX Global Ethical Select 30 1.9 1.7 1.8 11.4 16.1 N/A N/A 1.8 3.7 3.1
STOXX Global Select 100 EUR 2.7 2.0 1.6 1.2 -10.1 N/A N/A 1.7 0.4 -2.1
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Global Ethical Select 30 N/A N/A 8.2 9.2 13.7 N/A N/A -0.2 0.2 0.2
STOXX Global Select 100 EUR N/A N/A 7.2 7.8 13.2 N/A N/A -0.2 -0.2 -0.2
Index to benchmark Correlation Tracking error (%)
iSTOXX Global Ethical Select 30 0.6 0.8 0.9 0.9 0.9 3.9 3.5 3.2 4.3 4.7
Index to benchmark Beta Annualized information ratio
iSTOXX Global Ethical Select 30 0.8 1.0 1.1 1.0 1.0 -2.5 -0.4 0.1 0.7 1.1

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

iSTOXX Global Ethical Select 30

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 Global Ethical Select 30 13.6 12.0 13.2 13.2 1.3 4.5 1.1 16.8
STOXX Global Select 100 EUR 15.3 13.2 14.6 14.6 1.5 4.6 1.4 28.7

Performance and annual returns

Methodology

The parent index is the STOXX Global 1800. First, companies that are non-compliant with Global Standards Screening or engaged in controversial activities are excluded. Product involvement filters are applied to exclude companies that are not in alignment with the moral and social teachings of the Christian religion. The eligible companies are ranked based on their dividend yield - the top x% highest dividend yield companies proceed to the next step (x being calculated as the square root of the number of stocks in the base universe divided by the target number of stocks in the Select index). All remaining companies are ranked based on their volatility - the 30 companies with the lowest volatility are selected such that country and industry diversification constraints are met.

The index is weighted by the inverse of the selected stocks' volatility; the component weight is capped at 10%. The index composition is reviewed quarterly.

The detailed methodology including the calculation formula and the list of sectors can be found in our rulebooks: www.stoxx.com/rulebooks

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0507651831 IXGES3GR .IXGES3GR
Price EUR CH0507651799 IXGES3P IXGES3P INDEX .IXGES3P
Net Return EUR CH0507651823 IXGES3R .IXGES3R
Net Return USD CH0507651807 IXGES3V .IXGES3V
Price USD CH0507651815 IXGES3L .IXGES3L
Gross Return USD CH0507651849 IXGES3GV .IXGES3GV

Quick Facts

Weighting Inverse Volatility Weighted
Cap Factor 0.1
No. of components 30
Review frequency Quarterly
Calculation/distribution realtime
Calculation hours 00:00:01.0000000 22:15:00.0000000
Base value/base date 100 as of Mar. 19, 2012
History Available from Mar. 19, 2012
Inception date Nov. 20, 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

iSTOXX Global Ethical Select 30

Top 10 Components4

Company Supersector Country Weight
Oversea-Chinese Banking Corp. Banks Singapore 4.548%
United Overseas Bank Ltd. Banks Singapore 4.365%
DBS Group Holdings Ltd. Banks Singapore 4.329%
TELSTRA GROUP Telecommunications Australia 4.097%
IBERDROLA Utilities Spain 4.038%
ALLIANZ Insurance Germany 3.949%
ASSICURAZIONI GENERALI Insurance Italy 3.924%
ZURICH INSURANCE GROUP Insurance Switzerland 3.862%
TERNA Utilities Italy 3.816%
NOMURA REIT.MASTER FUND Real Estate Japan 3.639%

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.