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ISTOXX INDICES

iSTOXX Global Responsible Waste Management Select 30

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Index Description

The iSTOXX Global Responsible Waste Management 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 taking initiatives and implementing strong programmes within their business models towards efficient waste management. Industry and country neutrality 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), Gambling, Adult Entertainment, Unconventional Oil & Gas (Arctic Oil and Gas Exploration, Oil Sands and Shale Energy), Conven-tional Oil & Gas, Thermal Coal, Nuclear Power, Tobacco, Aerospace and Defense are also excluded.

Key facts

  • Selection of 30 liquid stocks with low volatility and high dividend yield.
  • Index allows targeted investment in the 'sustainable smart city' megatrend.
  • Detailed Sustainalytics Environmental Key Performance Indicators help select companies with strong programmes ensuring responsible waste management.
  • Liquidity filter ensures replicability.
  • Companies are Global Standards Screening-compliant and are not involved in Controversial Weapons.
  • Product involvement filters are applied to ensure alignment with quality standards for sustainable and socially responsible investing.

Descriptive Statistics

Index Market Cap (USD bn) Components (USD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX Global Responsible Waste Management Select 30 N/A 1.0 0.0 0.0 0.0 0.0 4.4 2.5 200.8
STOXX Global 1800 78,943.4 72,720.3 40.4 12.3 3,608.4 0.8 5.0 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 Global Responsible Waste Management Select 30 -2.6 5.1 9.2 9.1 10.5 N/A N/A 9.3 3.0 2.0
STOXX Global 1800 4.5 21.6 27.5 27.7 77.0 N/A N/A 28.0 8.6 12.2
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Global Responsible Waste Management Select 30 N/A N/A 9.1 10.5 14.9 N/A N/A 0.6 0.0 0.1
STOXX Global 1800 N/A N/A 10.7 15.2 18.0 N/A N/A 2.0 0.4 0.6
Index to benchmark Correlation Tracking error (%)
iSTOXX Global Responsible Waste Management Select 30 -0.1 0.4 0.4 0.6 0.8 14.9 10.9 10.7 12.0 11.9
Index to benchmark Beta Annualized information ratio
iSTOXX Global Responsible Waste Management Select 30 -0.1 0.3 0.4 0.4 0.6 -5.9 -1.5 -1.6 -0.6 -0.9

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

2Based on EURIBOR1M

(USD, Net Return), all data as of November 29, 2024

ISTOXX INDICES

iSTOXX Global Responsible Waste Management 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 Responsible Waste Management Select 30 14.0 12.0 13.0 13.0 1.2 3.2 0.6 15.9
STOXX Global 1800 25.8 21.2 23.8 23.8 3.6 1.8 2.4 25.6

Performance and annual returns

Methodology

The parent index is the STOXX Global 1800. Companies engaged in controversial activities, or non-compliant with the Global Standards Screening, as well as companies which have no sustainable waste management policies implemented within their business model (as assessed by Sustainalytics) are excluded.

Eligible companies are ranked based on their historical dividend yield; those which do not belong to the top x% within their industry are excluded (x being the square root of the number of eligible stocks divided by the target number of stocks, i.e. 30). All remaining stocks are ranked in de-scending order in terms of volatility (based on their 3- or 12-month historical volatility in EUR, whichever is higher). The top x% (30 stocks) are then selected for inclusion, provided the final composition includes no more than 5 companies from the same industry, and country exposure not exceeding that of the STOXX Global 1800 index's corresponding country weight by more than 10%. The constituents are weighted by the inverse of their volatility with a cap at 10%.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0493856774 IXGRWMSG IXGRWMSG INDEX .IXGRWMSG
Net Return EUR CH0493856733 IXGRWMSN IXGRWMSN INDEX .IXGRWMSN
Price EUR CH0493856766 IXGRWMSP IXGRWMSP INDEX .IXGRWMSP
Gross Return USD CH0493856758 IXGRWMSU .IXGRWMSU
Net Return USD CH0493856741 IXGRWMSV .IXGRWMSV
Price USD CH0493856782 IXGRWMSL .IXGRWMSL

Quick Facts

Weighting Inverse Volatility weighted
Cap Factor 0.1
No. of components 30
Review frequency Quarterly
Calculation/distribution dayend
Calculation hours 22:00:00 22:00:00
Base value/base date 100 as of Mar. 19, 2012
History Available from Mar. 19, 2012
Inception date Aug. 28, 2019
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

Top 10 Components4

Company Supersector Country Weight
DANONE Food, Beverage and Tobacco France 4.419%
Bank of Nova Scotia Banks Canada 4.310%
Oversea-Chinese Banking Corp. Banks Singapore 4.044%
TELEFONICA Telecommunications Spain 3.804%
Johnson & Johnson Health Care USA 3.757%
MAPLETREE INDUSTIAL TST Real Estate Singapore 3.668%
TELUS Telecommunications Canada 3.613%
AENA SME Industrial Goods and Services Spain 3.573%
ORANGE Telecommunications France 3.553%
Transurban Group Industrial Goods and Services Australia 3.523%

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

4Based on the composition as of November 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.

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.