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DIVIDEND INDICES

STOXX Europe Low Beta High Div 50

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Index Description

The STOXX Europe Low Beta High Div 50 Index aims to select 50 companies from the STOXX Europe 600 which have a 12-month net dividend yield higher than the EURO STOXX 50 and the lowest 12-month beta to the same index (i.e. EURO STOXX 50). All stocks are weighted according to their three-months average daily trading volume in EUR (ADTV).

Key facts

  • UNIQUE OFFERING - The STOXX Europe Low Beta High Div 50 Index is the first index combining dividend yield screening and minimization of beta.
  • LIQUID, TRADABLE UNDERLYING - The base universe (STOXX Europe 600) as well as the benchmark (EURO STOXX 50) are both highly liquid underlyings. Hence, investors can use these indices to hedge certain derivate risk.

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 Low Beta High Div 50 N/A 104.8 2.1 1.2 5.9 0.2 5.7 0.2 45.2
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 Low Beta High Div 50 0.4 10.9 13.2 8.7 22.3 N/A N/A 13.4 2.8 4.2
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 Low Beta High Div 50 N/A N/A 11.2 14.9 16.8 N/A N/A 0.8 0.0 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 Low Beta High Div 50 0.9 0.7 0.7 0.9 0.9 6.5 9.2 9.0 9.9 10.0
Index to benchmark Beta Annualized information ratio
STOXX Europe Low Beta High Div 50 0.8 0.6 0.6 0.7 0.7 3.8 0.6 0.3 -0.2 -0.3

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

DIVIDEND INDICES

STOXX Europe Low Beta High Div 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
STOXX Europe Low Beta High Div 50 19.0 10.9 13.9 13.9 1.7 5.0 0.8 16.1
STOXX Europe 600 17.8 14.0 15.9 15.9 2.0 2.9 1.3 -80.8

Performance and annual returns

Methodology

The base universe is the STOXX Europe 600 Index. Only companies with a three-month average daily trading volume (3-month ADTV) of at least five million euros are eligible for selection. In the first step, those companies which have a higher twelve-month net dividend yield than the EURO STOXX 50 are selected. From the remaining stocks, the top 50 components whom have the lowest twelve-month beta compared to the EURO STOXX 50 are selected. All stocks are ranked in ascending order. From each country a maximum of eight stocks can be selected.
The weighting is based on a components 3-months ADTV. Additionally, a cap of 5% on component level is applied.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0236047244 SDB50EN SDB50EN INDEX .SDB50EN
Gross Return EUR CH0236048606 SDB50EG SDB50EG INDEX .SDB50EG
Price EUR CH0236046824 SDB50EP SDB50EP INDEX .SDB50EP
Net Return USD CH0236048713 SDB50UN SDB50UN INDEX .SDB50UN
Gross Return USD CH0236052210 SDB50UG SDB50UG INDEX .SDB50UG
Price USD CH0236048663 SDB50UP SDB50UP INDEX .SDB50UP

Quick Facts

Weighting Price weighted (3-month ADTV)
Cap Factor 5% on component level
No. of components 50
Review frequency Annually (December)
Calculation/distribution EUR (Price): realtime (every 15 sec.) EUR (Net & gross return), USD (Price, net & gross return): end-of-day
Calculation hours Realtime: 9:00 – 18:00 CET End-of-day: 18:00 CET
Base value/base date 100 as of Dec. 31, 2002
History Available daily back to Dec. 23, 2002
Inception date Mar. 13, 2014

Top 10 Components4

Company Supersector Country Weight
ZURICH INSURANCE GROUP Insurance Switzerland 5.661%
RECKITT BENCKISER GRP Personal Care, Drug and Grocery Stores UK 5.449%
BRITISH AMERICAN TOBACCO Food, Beverage and Tobacco UK 5.182%
IBERDROLA Utilities Spain 5.115%
NATIONAL GRID Utilities UK 4.895%
UNILEVER PLC Personal Care, Drug and Grocery Stores UK 4.882%
ENGIE Utilities France 4.792%
SWISS REINSURANCE COMPANY Insurance Switzerland 4.569%
SANOFI Health Care France 4.512%
GSK Health Care UK 4.168%

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.