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Index Description

The STOXX USA 900 Equal Weight Index measures the performance of the same stocks as the standard free-float market cap weighted indices but uses a different weighting scheme by attributing to each component the same weight. The index has a fixed number of components and is part of the STOXX blue-chip index family.

Key facts

  • The reduced importance of single components makes the index performance less dependent on the performance of individual members.
  • Smaller companies are more strongly represented in the STOXX USA 900 Equal Weight Index than in the parent index.

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 USA 900 Equal Weight N/A 111,118.5 123.5 120.9 352.0 58.0 0.3 0.1 26.2
STOXX USA 900 57,777.1 55,529.7 61.7 17.6 3,608.4 3.6 6.5 0.0 2.5

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 USA 900 Equal Weight 8.3 23.2 33.0 24.2 76.3 N/A N/A 33.6 7.6 12.1
STOXX USA 900 6.6 28.1 34.4 34.1 101.1 N/A N/A 35.1 10.4 15.2
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX USA 900 Equal Weight N/A N/A 13.7 19.4 23.6 N/A N/A 1.9 0.2 0.4
STOXX USA 900 N/A N/A 12.6 18.2 21.7 N/A N/A 2.1 0.4 0.6
Index to benchmark Correlation Tracking error (%)
STOXX USA 900 Equal Weight 0.9 0.9 0.9 0.9 1.0 7.1 6.9 7.1 6.1 7.0
Index to benchmark Beta Annualized information ratio
STOXX USA 900 Equal Weight 1.1 0.9 0.9 1.0 1.0 2.8 -0.7 -0.2 -0.4 -0.4

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

BENCHMARK INDICES

STOXX USA 900 Equal Weight

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 USA 900 Equal Weight 29.4 21.9 22.6 22.6 3.3 1.5 1.8 10.4
STOXX USA 900 31.5 25.4 28.7 28.7 5.4 1.3 3.1 19.6

Performance and annual returns

Methodology

The index components exactly match the parent index members, e.g. the STOXX USA 900 Equal Weight Index consists of the same stocks as the STOXX USA 900 Index. The same weight is attributed to all components each quarter, regardless of their free-float market capitalization. Extraordinary replacements are added at the same weight as the deleted stock. The detailed methodology including the calculation formula can be found in our rulebook:

http://www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0339858851 SX9UEWG .SX9UEWG
Price EUR CH0339858877 SX9UEWP .SX9UEWP
Net Return EUR CH0339858869 SX9UEWR .SX9UEWR
Net Return USD CH0339858919 SX9UEWV SX9UEWV INDEX .SX9UEWV
Gross Return USD CH0339858786 SX9UEWGV .SX9UEWGV
Price USD CH0339858810 SX9UEWL .SX9UEWL

Quick Facts

Weighting Equal Weighted
Cap Factor No
No. of components 900
Review frequency Quarterly
Calculation/distribution Realtime 15 sec. (EUR, USD Price) / end-of-day (others)
Calculation hours 15:30 - 22.15 CET
Base value/base date 100 as of Mar. 18, 2002
History Available since Mar. 18, 2002
Inception date Oct. 20, 2016
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
APPLOVIN A Technology USA 0.317%
MICROSTRATEGY Technology USA 0.294%
SOFI TECHNOLOGIES Financial Services USA 0.219%
TEXAS PACIFIC LAND CORP Energy USA 0.200%
VISTRA Utilities USA 0.197%
UNITED AIRLINES HOLDINGS Travel and Leisure USA 0.194%
PALANTIR TECHNOLOGIES A Technology USA 0.191%
CARVANA 'A' Retail USA 0.184%
COINBASE GLOBAL A Financial Services USA 0.181%
TWILIO 'A' Technology USA 0.176%

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

4Based on the composition as of November 29, 2024