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SUPERSECTOR INDICES

STOXX Europe 600 Real Estate Cap

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Index Description

The STOXX Real Estate Cap indices track the performance of the top real estate investment trusts (REITs) and real estate holding and development stocks in Europe, the Americas and Asia/Pacific. The three regional real estate indices are derived from the STOXX Global 1800 Index, and include securities that are classified as investing either directly or indirectly in real estate through development, management or ownership - including property agencies, REITs or listed property trusts (LPTs) - according to the Industry Classification Benchmark (ICB), a global sector classification standard. Unlike supersector indices, they have a cap of 20% imposed on a component level.

Key facts

  • Categorization according to their primary source of revenue guarantees an accurate classification of companies in their respective business environments
  • Component capping ensures that no component can dominate the index

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
STOXX Europe 600 Real Estate Cap 192.0 162.6 5.2 4.2 23.3 2.1 14.3 1.3 9.2
STOXX Europe 600 14,163.7 11,304.2 18.8 6.6 343.9 1.2 3.0 0.0 3.5

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
STOXX Europe 600 Real Estate Cap -1.3 -2.2 9.6 -29.4 -21.8 N/A N/A 9.7 -11.1 -4.8
STOXX Europe 600 -1.6 4.5 9.9 11.9 35.5 N/A N/A 10.0 3.8 6.3
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Europe 600 Real Estate Cap N/A N/A 21.6 29.1 27.7 N/A N/A 0.2 -0.5 -0.2
STOXX Europe 600 N/A N/A 12.7 18.8 20.5 N/A N/A 0.5 0.1 0.2
Index to benchmark Correlation Tracking error (%)
STOXX Europe 600 Real Estate Cap 0.7 0.7 0.7 0.8 0.8 17.1 15.5 16.0 19.1 17.4
Index to benchmark Beta Annualized information ratio
STOXX Europe 600 Real Estate Cap 1.0 1.1 1.2 1.2 1.0 0.2 -0.5 0.0 -0.8 -0.6

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

SUPERSECTOR INDICES

STOXX Europe 600 Real Estate Cap

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
STOXX Europe 600 Real Estate Cap -49.7 16.3 20.1 20.1 1.0 3.1 7.8 8.6
STOXX Europe 600 17.8 14.0 15.9 15.9 2.0 2.9 1.3 -80.8

Performance and annual returns

Methodology

Companies must be part of the STOXX Global 1800 Index, a broad yet liquid index comprising the 600 largest stocks by free-float market cap from each of the following three regions: Europe, North America and Asia/Pacific. Companies must be classified according to ICB supersector code 3510 (Real Estate) as investing directly or indirectly in real estate investment services. The indices are weighted according to free-float market cap.The detailed methodology including the calculation formula can be found in our rulebook:www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0024505783 S8730P S8730P INDEX .S8730P
Net Return EUR CH0024505791 S8730R S8730R INDEX .S8730R
Net Return USD CH0024505809 S8730V S8730V INDEX .S8730V
Price USD CH0024505775 S8730L S8730L INDEX .S8730L

Quick Facts

Weighting Free-float market cap
Cap Factor 20%
No. of components Variable
Review frequency Quarterly (Mar., Jun., Sep., Dec.)
Calculation/distribution Price (EUR/USD): realtime (every 15 seconds) Net return (EUR/USD): end-of-day
Calculation hours Realtime Asia/Pacific: 00:00 am-6:00 pm CET; Europe: 9:00 pm-6:00 pm CET; North America: 3:30 pm-10:15 pm CET End-of-day: 6:00 pm CET
Base value/base date 100 as of Dec. 29, 2000
History Available daily back to Dec. 31, 2000
Inception date Mar. 6, 2006
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
Vonovia SE Real Estate Germany 14.306%
SEGRO Real Estate UK 7.565%
SWISS PRIME SITE Real Estate Switzerland 5.253%
UNIBAIL-RODAMCO-WESTFIELD Real Estate France 5.059%
LEG IMMOBILIEN Real Estate Germany 4.244%
KLEPIERRE Real Estate France 4.144%
PSP SWISS PROPERTY Real Estate Switzerland 4.111%
RIGHTMOVE GRP Real Estate UK 4.036%
LAND SECURITIES Real Estate UK 3.543%
FASTIGHETS BALDER B Real Estate Sweden 3.214%

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.