Continue active refreshing of this index's data?

Continue active refreshing of this index's data?

STRATEGY INDICES

STOXX Europe 600 Banks Daily Short 3

Index Description

The STOXX Europe 600 Banks Daily Short 3 aims to replicate the opposite of the daily performance of the STOXX Europe 600 , with a multiplicative factor.

Key facts

  • Provides an exposure that reflects a strong, bearish conviction on the STOXX Europe 600 .
  • Includes borrowing costs on underlying securities and earns a liquidity spread over overnight interest rates on short-sale proceeds and capital.
  • Serves as an underlying for a variety of financial products such as options, futures and ETFs.

Descriptive Statistics

Index Market Cap (EUR ) Components (EUR ) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX Europe 600 Banks Daily Short 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A
STOXX Europe 600 Banks N/A N/A N/A N/A N/A N/A N/A N/A N/A

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
STOXX Europe 600 Banks Daily Short 3 -13.9 -49.5 -69.3 -91.4 1,353.6 N/A N/A -69.8 -56.3 71.9
STOXX Europe 600 Banks 5.6 26.5 49.7 75.3 92.5 N/A N/A 50.4 20.8 14.2
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Europe 600 Banks Daily Short 3 N/A N/A 43.2 69.1 43,175.1 N/A N/A -2.7 -1.2 0.0
STOXX Europe 600 Banks N/A N/A 14.4 23.1 28.3 N/A N/A 2.5 0.7 0.4
Index to benchmark Correlation Tracking error (%)
STOXX Europe 600 Banks Daily Short 3 0.2 -0.1 0.0 0.0 0.0 33.1 45.8 44.7 73.6 43,209.3
Index to benchmark Beta Annualized information ratio
STOXX Europe 600 Banks Daily Short 3 0.9 -0.3 0.0 -0.1 -30.4 -6.5 -5.0 -3.3 -1.4 0.0

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

2Based on EURIBOR1M

(EUR, Total Return - GR), all data as of May 31, 2024

STRATEGY INDICES

STOXX Europe 600 Banks Daily Short 3

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 600 Banks Daily Short 3 N/A N/A N/A N/A N/A N/A N/A N/A
STOXX Europe 600 Banks N/A N/A N/A N/A N/A N/A N/A N/A

Performance and annual returns