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INDUSTRY INDICES

STOXX Developed Europe Financials

Index Description

The STOXX Developed Europe Financials Index is a broad market cap weighted index designed to represent the performance of the Large and Mid Cap companies from Developed Europe in the ICB Financials Industry . STOXX Developed Europe Financials Index is suitable for global investment products which include funds, exchange traded funds, and derivatives and can also be used for further building block approach strategies when appropriate. It follows a robust and modular framework which enables investors to utilize this index for a variety of investment objectives whilst using a consistent approach. It is derived from STOXX World Equity Index series and its countries follow the STOXX World Country Classification Framework.

Key facts

  • Broad, yet liquid coverage of Large and Mid cap companies that supports clients' global investment decisions whilst avoiding home biases.
  • A consistent and transparent methodology which fully embraces global standards of governance.
  • Can serve as a basis for numerous derived strategies.
  • Constructed using STOXX World Methodology.
  • Its countries follow the STOXX World Country classification framework.

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 Developed Europe Financials 2,495.7 2,135.7 26.7 17.4 164.4 0.1 7.7 0.0 3.8
STOXX Developed World 76,879.3 69,854.7 42.9 14.6 3,331.4 0.1 4.8 0.0 2.4

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 Developed Europe Financials 3.5 21.3 34.7 45.7 94.3 N/A N/A 34.7 13.3 14.2
STOXX Developed World 2.7 17.1 25.0 22.6 87.8 N/A N/A 25.0 7.0 13.4
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Developed Europe Financials N/A N/A 15.5 23.0 26.6 N/A N/A 1.7 0.5 0.5
STOXX Developed World N/A N/A 11.0 15.2 18.0 N/A N/A 1.7 0.3 0.6
Index to benchmark Correlation Tracking error (%)
STOXX Developed Europe Financials 0.6 0.5 0.5 0.6 0.7 16.9 14.7 13.7 18.4 19.4
Index to benchmark Beta Annualized information ratio
STOXX Developed Europe Financials 0.7 0.6 0.7 0.9 1.0 0.5 0.3 0.5 0.3 0.0

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

2Based on EURIBOR1M

(USD, Gross Return), all data as of August 30, 2024

INDUSTRY INDICES

STOXX Developed Europe Financials

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 Developed Europe Financials 9.9 9.1 9.8 9.8 1.1 6.8 1.5 21.0
STOXX Developed World 25.0 20.3 23.1 23.1 3.4 2.3 2.3 20.7

Performance and annual returns

Methodology

The STOXX Developed Europe Financials Index is a broad market cap weighted index designed to represent the performance of the Large and Mid Cap companies from Developed Europe in the ICB Financials Industry . STOXX Developed Europe Financials Index is suitable for global investment products which include funds, exchange traded funds, and derivatives and can also be used for further building block approach strategies when appropriate. It follows a robust and modular framework which enables investors to utilize this index for a variety of investment objectives whilst using a consistent approach. It is derived from STOXX World Equity Index series and its countries follow the STOXX World Country Classification Framework.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH1213352979 SWDE30P .SWDE30P
Net Return EUR CH1213352953 SWDE30R .SWDE30R
Gross Return EUR CH1213352961 SWDE30GR .SWDE30GR
Net Return USD CH1213352920 SWDE30V .SWDE30V
Price USD CH1213352946 SWDE30L .SWDE30L
Gross Return USD CH1213352938 SWDE30GV .SWDE30GV

Quick Facts

Weighting Free-float market capitalization
Cap Factor N/A
No. of components Variable
Review frequency Semi Annual
Calculation/distribution Realtime 15 sec
Calculation hours 00:00:00 22:15:00
Base value/base date 1000 as of September. 22, 2008
History Available from Sep. 22, 2008
Inception date November. 16, 2022
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

INDUSTRY INDICES

STOXX Developed Europe Financials

Top 10 Components4

Company Supersector Country Weight
HSBC Banks UK 7.700%
ALLIANZ Insurance Germany 5.703%
UBS GROUP Financial Services Switzerland 4.587%
ZURICH INSURANCE GROUP Insurance Switzerland 3.969%
BCO SANTANDER Banks Spain 3.688%
BNP PARIBAS Banks France 3.463%
AXA Insurance France 3.415%
MUENCHENER RUECK Insurance Germany 3.392%
UNICREDIT Banks Italy 3.258%
LONDON STOCK EXCHANGE Financial Services UK 3.229%

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

4Based on the composition as of August 30, 2024