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ISTOXX INDICES

iSTOXX MUTB China All Shares AM Quality Consumer 50

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Index Description

The iSTOXX MUTB China All Shares AM Quality Consumer 50 Index aims to capture the performance of quality consumer companies with high profitability, low leverage and sustainable cash flows in China. The component selection is based on a combined ranking of four fundamentals ratios (return on equity, debt-to-capital, cash flow generation ability and business stability). Stocks need to fulfill minimum liquidity criteria before being added to the index.

Key facts

  • Pure quality play focusing on consumer Segment
  • Ideal for market participants seeking exposure to the Chinese market while investing in quality stocks with sustainable profitability
  • Diversification through capping of component weights at 5%

Descriptive Statistics

Index Market Cap (HKD bn) Components (HKD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX MUTB China All Shares AM Quality Consumer 50 2,711.6 1,277.7 25.6 15.3 70.0 1.6 5.5 0.1 22.9
iSTOXX China All Shares AM 9,227.0 4,633.2 3.7 1.5 315.6 0.0 6.8 0.0 23.1

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 MUTB China All Shares AM Quality Consumer 50 -0.2 -5.7 -9.8 -39.2 -14.8 N/A N/A -9.8 -15.2 -3.1
iSTOXX China All Shares AM -2.7 9.7 7.4 -29.8 -9.9 N/A N/A 7.4 -11.1 -2.1
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX MUTB China All Shares AM Quality Consumer 50 N/A N/A 26.5 25.5 25.5 N/A N/A -0.6 -0.7 -0.2
iSTOXX China All Shares AM N/A N/A 20.3 21.5 21.3 N/A N/A 0.1 -0.7 -0.2
Index to benchmark Correlation Tracking error (%)
iSTOXX MUTB China All Shares AM Quality Consumer 50 0.9 0.9 0.9 0.9 0.9 11.2 11.9 11.6 11.4 12.5
Index to benchmark Beta Annualized information ratio
iSTOXX MUTB China All Shares AM Quality Consumer 50 1.2 1.2 1.2 1.1 1.0 2.9 -1.3 -1.4 -0.4 -0.1

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

2Based on EURIBOR1M

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

ISTOXX INDICES

iSTOXX MUTB China All Shares AM Quality Consumer 50

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 MUTB China All Shares AM Quality Consumer 50 16.3 15.7 16.0 16.0 3.0 3.1 2.4 11.0
iSTOXX China All Shares AM 16.8 13.5 14.2 14.2 1.3 2.7 1.0 19.9

Performance and annual returns

Methodology

The parent universe of the iSTOXX MUTB China All Shares AM Quality Consumer 50 Index is consumer goods and services companies within the iSTOXX China All Shares AM Index. The component selection is based on a combined ranking of four fundamentals ratios (return on equity, debt-to-capital, cash flow generation ability and business stability). Stocks need to fulfill minimum liquidity criteria before being added to the index. The constituents are weighted according to free-float market capitalization with a cap at 5%. The indices are reviewed semi-annually in June and December and rebalanced 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 CNY CH0448323599 IXMCQCCG .IXMCQCCG
Price CNY CH0448323466 IXMCQCCP .IXMCQCCP
Net Return CNY CH0448323565 IXMCQCCN .IXMCQCCN
Gross Return EUR CH0448323532 IXMCQCGR .IXMCQCGR
Price EUR CH0448323581 IXMCQCP .IXMCQCP
Net Return EUR CH0448323458 IXMCQCR .IXMCQCR
Net Return HKD CH0448323433 IXMCQCHN .IXMCQCHN
Price HKD CH0448323441 IXMCQCHP IXMCQCHP INDEX .IXMCQCHP
Gross Return HKD CH0448323490 IXMCQCHG .IXMCQCHG
Net Return JPY CH0448323516 IXMCQCYN .IXMCQCYN
Gross Return JPY CH0448323607 IXMCQCYG IXMCQCYG INDEX .IXMCQCYG
Price JPY CH0448323482 IXMCQCYP .IXMCQCYP
Gross Return KRW CH0448323524 IXMCQCKG IXMCQCKG INDEX .IXMCQCKG
Net Return KRW CH0448323557 IXMCQCKN .IXMCQCKN
Price KRW CH0448323474 IXMCQCKP .IXMCQCKP
Net Return USD CH0448323573 IXMCQCV .IXMCQCV
Price USD CH0448323540 IXMCQCL .IXMCQCL
Gross Return USD CH0448323508 IXMCQCGV IXMCQCGV INDEX .IXMCQCGV

Quick Facts

Weighting based on free-float market capitalization
Cap Factor 0.05
No. of components 50
Review frequency semiannually
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 22:15:00
Base value/base date 100 as of Dec. 21, 2012
Inception date Nov. 28, 2018
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
LUZHOU LAO JIAO 'A' Food, Beverage and Tobacco China 5.480%
Shanxi Fenjiu 'A' Food, Beverage and Tobacco China 5.355%
Yili Company 'A' Food, Beverage and Tobacco China 5.299%
Wuliangye 'A' Food, Beverage and Tobacco China 5.247%
FOCUS MEDIA INFO TECH 'A' Media China 5.188%
FOSHAN HAI TIAN FLFD.'A' Food, Beverage and Tobacco China 5.092%
NONGFU SPRING 'H' Food, Beverage and Tobacco China 4.651%
Moutai 'A' Food, Beverage and Tobacco China 4.632%
ANTA SPORTS PRODUCTS Consumer Products and Services China 4.596%
ALIBABA GROUP ADR Retail China 4.206%

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.