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OPTIMISED INDICES

STOXX Developed Europe Optimal 100

Index Description

The STOXX Developed Europe Optimal 100 Index will hold a subset of the components of the STOXX Developed Europe as of the review effective date. The names and weights held are determined by an optimization that minimized the tracking error to the parent index while holding at most 100 names.

Key facts

  • The STOXX Optimal 100 indices track performance of the parent STOXX Indices using a subset of the names in the parent STOXX index.
  • The Optimal 100 Index Family can serve as a basis for efficient hedging strategies..
  • The Optimal 100 Index Family also aims to reduce any unintended style/industry/country biases when compared to the parent index

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 Developed Europe Optimal 100 N/A 1.0 0.0 0.0 0.0 0.0 3.4 0.3 19.8
STOXX Developed Europe 12,493.3 9,853.7 23.5 9.3 328.1 0.2 3.3 0.0 4.1

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 Optimal 100 -3.2 8.1 19.5 19.3 48.8 N/A N/A 19.4 6.0 8.3
STOXX Developed Europe -3.2 8.1 19.4 15.7 44.2 N/A N/A 19.3 5.0 7.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Developed Europe Optimal 100 N/A N/A 10.4 14.7 17.8 N/A N/A 1.8 0.3 0.4
STOXX Developed Europe N/A N/A 10.1 14.3 17.5 N/A N/A 1.8 0.3 0.4
Index to benchmark Correlation Tracking error (%)
STOXX Developed Europe Optimal 100 1.0 1.0 1.0 1.0 1.0 0.6 0.9 0.9 1.2 1.4
Index to benchmark Beta Annualized information ratio
STOXX Developed Europe Optimal 100 1.0 1.0 1.0 1.0 1.0 1.5 0.1 0.2 0.9 0.5

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

2Based on EURIBOR1M

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

OPTIMISED INDICES

STOXX Developed Europe Optimal 100

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 Optimal 100 15.9 14.4 15.4 15.4 2.1 3.1 1.5 13.7
STOXX Developed Europe 16.7 14.7 15.4 15.4 2.0 3.1 1.3 16.0

Performance and annual returns

Methodology

The STOXX Developed Europe Optimal 100 Index will hold a subset of the components of the STOXX Developed Europe as of the review effective date. The names and weights held are determined by an optimization that minimized the tracking error to the parent index while holding at most 100 names.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0121752486 SWDEOGR .SWDEOGR
Price EUR CH0113195124 SWDEOP .SWDEOP
Net Return EUR CH0121752478 SWDEOR .SWDEOR
Net Return USD CH0122729616 SWDEOV .SWDEOV
Gross Return USD CH0122729624 SWDEOGV .SWDEOGV
Price USD CH0122729608 SWDEOL .SWDEOL

Quick Facts

Weighting Price weighted with a weighting factor and capping factor
Cap Factor na
No. of components 100
Review frequency Semi-Annual - Mar and Sep
Calculation/distribution End of Day
Calculation hours 00:00:00 22:15:00
Base value/base date 1000 as of Dec. 20, 2004
History Available since 20 Dec 2004
Inception date May. 27, 2024
To learn more about the inception date, currency versions, calculation hours and historical values, please see our data vendor code sheet.

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.

OPTIMISED INDICES

STOXX Developed Europe Optimal 100

Top 10 Components4

Company Supersector Country Weight
NOVO NORDISK B Health Care Denmark 3.388%
ASML HLDG Technology Netherlands 2.549%
NESTLE Food, Beverage and Tobacco Switzerland 2.491%
SAP Technology Germany 2.412%
NOVARTIS Health Care Switzerland 2.259%
SHELL Energy UK 2.160%
ROCHE HLDG P Health Care Switzerland 2.159%
ASTRAZENECA Health Care UK 2.149%
UNILEVER PLC Personal Care, Drug and Grocery Stores UK 1.744%
ALLIANZ Insurance Germany 1.712%

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.