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THEME INDICES

STOXX Global Artificial Intelligence

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Index Description

Derived from the STOXX® World AC All Cap Index, the STOXX® Global Artificial Intelligence Index is comprised of companies that are positively exposed to artificial intelligence (AI). AI is the science of creating computing programs that mimic as closely as possible the patterns of learning, growth and mastery exhibited in human intelligence. As AI develops, these companies are positioned to take advantage of the long-term trend towards automation, which may have a substantial impact on their revenue in the future. Revere data allow a detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial positive AI exposure.

Key facts

  • Index allows targeted investment in AI, a significant megatrend.
  • Detailed Revere data help select companies with a revenue exposure above 50% to AI-related sectors.
  • Size and liquidity filters ensure replicability.

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
STOXX Global Artificial Intelligence N/A 11.0 0.1 0.0 0.9 0.0 8.2 0.0 28.4
STOXX World AC All Cap 106,985.7 81,314.0 5.6 0.4 3,163.8 0.0 3.9 0.0 3.2

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 Global Artificial Intelligence 4.1 26.1 45.0 41.0 181.2 N/A N/A 45.6 12.2 23.2
STOXX World AC All Cap 0.4 17.5 29.4 23.5 73.2 N/A N/A 29.2 7.3 11.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global Artificial Intelligence N/A N/A 22.1 28.6 30.2 N/A N/A 1.5 0.3 0.6
STOXX World AC All Cap N/A N/A 10.7 13.5 16.7 N/A N/A 2.2 0.4 0.6
Index to benchmark Correlation Tracking error (%)
STOXX Global Artificial Intelligence 0.8 0.9 0.8 0.9 0.9 12.9 14.9 14.2 18.2 18.2
Index to benchmark Beta Annualized information ratio
STOXX Global Artificial Intelligence 1.8 1.8 1.8 1.8 1.5 3.2 0.6 0.9 0.3 0.6

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

2Based on EURIBOR1M

(EUR, Gross Return), all data as of October 31, 2024

THEME INDICES

STOXX Global Artificial Intelligence

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 Global Artificial Intelligence 97.0 32.7 38.4 28.6 4.9 1.0 5.6 3.6
STOXX World AC All Cap -0.7 20.0 20.4 19.1 3.0 2.5 1.8 17.6

Performance and annual returns

Methodology

The parent index of the STOXX Global Artificial Intelligence Index is the STOXX® World AC All Cap Index. The index applies several screens that include:
Liquidity screening: Only stocks with a 3-month average daily trading value (ADTV) greater than EUR 2,000,000 are included.
RBICs sector screening: Only constituents whose RBICS sector classification belongs to the RBICS sector related to the four sub themes identified (AI Applications, Big Data, Semi-conductor/Chip and Cloud Computing).
Market capitalization screening: Constituents are ranked in descending order in terms of free-float market cap, as of review cut-off date, and only the top 75% rounded to the closest integer are selected.
Weights are capped according to the following constraints: the sum of all weights above 4.5% should not exceed 35%, and no single weight should exceed 8%.
The index composition is reviewed annually. Index weighting cap factors are recalculated 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
Net Return EUR CH0381459897 STXAIR .STXAIR
Price EUR CH0381459863 STXAIP STXAIP INDEX .STXAIP
Gross Return EUR CH0381459905 STXAIGR STXAIGR INDEX .STXAIGR
Net Return USD CH0381459871 STXAIV STXAIV INDEX .STXAIV
Price USD CH0381459889 STXAIL STXAIL INDEX .STXAIL
Gross Return USD CH0381459913 STXAIGV STXAIGV INDEX .STXAIGV

Quick Facts

Weighting Market cap adjusted by revenue exposure
Cap Factor Sum of weights above 4.5% not to exceed 35%.
No. of components Variable
Review frequency Annually
Calculation/distribution Dayend
Calculation hours 00:00:00 22:00:00 for price indices, 22:00:00 - 22:00:00 for other
Base value/base date 100 as of Jun. 18, 2012
History Available daily as of Jun. 18 2012
Inception date Jan. 23, 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
NVIDIA Corp. Technology USA 8.216%
ALPHABET INC. CL A Technology USA 8.155%
META PLATFORMS CLASS A Technology USA 7.962%
Microsoft Corp. Technology USA 7.016%
MICROSTRATEGY Technology USA 6.111%
Intel Corp. Technology USA 4.610%
Digital Realty Trust Inc. Real Estate USA 4.606%
MARVELL TECHNOLOGY Technology USA 4.472%
Equinix Inc. Real Estate USA 4.335%
Oracle Corp. Technology USA 4.313%

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

4Based on the composition as of October 31, 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.