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THEME INDICES

STOXX Global Artificial Intelligence Innovators

Index Description

The STOXX Global Artificial Intelligence Innovators Index aims to capture the performance of a set of companies that are key players in the development and evolution of Artificial Intelligence, from its building block components such as semiconductors, cloud computing and big data technologies, to its applications in various domains including healthcare, mobility, finance, process automation and other operational areas. STOXX uses a detailed breakdown of companies’ patent data to identify companies that have a significant innovation exposure to the theme. Patent data is sourced from Econsight.

Key facts

  • The index provides targeted exposure to companies that are key players in the development and evolution of Artificial Intelligence.
  • Liquidity and size filters ensure replicability of the index.
  • EconSight's patent data allow identification of innovators in emerging technologies.
  • The index is weighted according to free-float market capitalization and concentration capping.
  • The index is reviewed annually in June.

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 Global Artificial Intelligence Innovators 22,900.3 21,843.6 172.0 54.2 1,981.4 0.2 9.1 0.0 N/A
STOXX World AC All Cap 119,332.4 91,539.2 6.3 0.4 3,608.4 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 Innovators 4.2 30.9 37.1 39.7 121.6 N/A N/A 37.1 11.8 17.2
STOXX World AC All Cap 3.9 19.5 25.8 22.2 67.0 N/A N/A 25.8 6.9 10.8
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global Artificial Intelligence Innovators N/A N/A 15.8 20.8 22.1 N/A N/A 1.7 0.4 0.6
STOXX World AC All Cap N/A N/A 10.3 14.5 17.3 N/A N/A 1.9 0.3 0.5
Index to benchmark Correlation Tracking error (%)
STOXX Global Artificial Intelligence Innovators 0.9 0.9 0.9 0.9 0.9 6.4 8.5 8.4 9.4 9.2
Index to benchmark Beta Annualized information ratio
STOXX Global Artificial Intelligence Innovators 1.2 1.4 1.3 1.3 1.2 0.6 1.2 1.1 0.5 0.7

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

THEME INDICES

STOXX Global Artificial Intelligence Innovators

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 Innovators 29.9 23.8 28.2 28.2 5.7 1.0 3.6 30.4
STOXX World AC All Cap -1.0 20.4 19.2 19.2 3.1 1.8 1.9 18.4

Performance and annual returns

Methodology

A set of country, size and liquidity screens are applied on the STOXX World AC All Cap Index to capture liquid companies from eligible countries.
After the initial screening, the remaining companies are further screened for their patent exposure to the technologies associated with the Artificial Intelligence Innovators theme. A company must have at least one high quality patent within the defined technologies. For each technology, companies that meet one or more of the following criteria are selected. First, the top 5% ranking companies ranked in descending order by high-quality patents (HQP) within the technology are selected. Second, companies with patent specialization greater than or equal to 30% within the technology are selected.
The index is reviewed annually in June, rebalanced quarterly and constituents are weighted according to free-float market capitalization and concentration capping.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH1362043684 STXAINNG .STXAINNG
Net Return EUR CH1362043676 STXAINNR .STXAINNR
Price EUR CH1362043668 STXAINNP .STXAINNP
Price USD CH1362043692 STXAINNL .STXAINNL
Gross Return USD CH1362043718 STXAINNZ .STXAINNZ
Net Return USD CH1362043700 STXAINNV .STXAINNV

Quick Facts

Weighting Free float market cap weighted
Cap Factor 0.08
No. of components Variable
Review frequency Annually
Calculation/distribution Realtime 15 sec
Calculation hours 00:00:00 23:00:00
Base value/base date 1000 as of June. 20, 2014
History Available from Jun. 20, 2014
Inception date Nov. 07, 2024
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 9.071%
Apple Inc. Technology USA 7.916%
Microsoft Corp. Technology USA 7.405%
Amazon.com Inc. Retail USA 4.645%
META PLATFORMS CLASS A Technology USA 4.380%
ALPHABET INC. CL A Technology USA 4.012%
ALPHABET CLASS C Technology USA 3.859%
BROADCOM Technology USA 3.454%
TSMC Technology Taiwan 3.409%
JPMorgan Chase & Co. Banks USA 3.253%

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

4Based on the composition as of November 29, 2024