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ISTOXX INDICES

iSTOXX AI Global Artificial Intelligence High Dividend 30

Index Description

The iSTOXX AI Global Artificial Intelligence High Dividend 30 Index allows a targeted investment in companies from a wide range of industries that invest heavily in the development of new AI technologies. These companies are well positioned to benefit from the growing trend towards automation. The index is comprised of 30 liquid stocks with high dividend yield, weighted by the inverse of their volatility. Sustainability criteria are incorporated in the selection process and only securities ranking in terms of ESG score in the top half of the investable universe are considered eligible for selection. Moreover, companies that are non-compliant with the Global Standards Screening (GSS) or are involved in Controversial Weapon activities, as identified by Sustainalytics, are excluded. Additionally, companies involved in Weapons (Small Arms and Military Contracting), Gambling, Adult Entertainment, Unconventional Oil & Gas (Arctic Oil and Gas Exploration, Oil Sands and Shale Energy), Conventional Oil & Gas, Thermal Coal, Nuclear Power and Tobacco are also excluded.

Key facts

  • Selection of 30 liquid stocks with high dividend yield.
  • Index allows targeted investment in the 'artificial intelligence' theme.
  • Companies are compliant with the Global Standard Screenings and are not involved in Controversial Weapons.
  • Product involvement filters are applied.
  • Companies with the lowest ESG scores are filtered out.

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
iSTOXX AI Global Artificial Intelligence High Dividend 30 N/A 1.1 0.0 0.0 0.1 0.0 5.7 1.9 109.1
STOXX Developed and Emerging Markets Total Market 98,103.9 83,790.9 7.0 0.6 3,321.0 0.0 4.0 0.0 2.6

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
iSTOXX AI Global Artificial Intelligence High Dividend 30 0.6 7.0 26.1 39.7 86.6 N/A N/A 26.7 11.9 13.4
STOXX Developed and Emerging Markets Total Market 1.9 10.7 19.4 17.8 68.6 N/A N/A 19.8 5.7 11.1
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX AI Global Artificial Intelligence High Dividend 30 N/A N/A 14.9 13.0 15.4 N/A N/A 1.4 0.7 0.8
STOXX Developed and Emerging Markets Total Market N/A N/A 10.0 14.4 17.4 N/A N/A 1.5 0.3 0.6
Index to benchmark Correlation Tracking error (%)
iSTOXX AI Global Artificial Intelligence High Dividend 30 0.2 0.6 0.7 0.7 0.8 8.4 9.8 11.0 11.3 11.1
Index to benchmark Beta Annualized information ratio
iSTOXX AI Global Artificial Intelligence High Dividend 30 0.2 0.9 1.0 0.6 0.7 -2.0 -0.7 0.5 0.4 0.1

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

2Based on EURIBOR1M

(USD, Gross Return), all data as of June 28, 2024

ISTOXX INDICES

iSTOXX AI Global Artificial Intelligence High Dividend 30

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
iSTOXX AI Global Artificial Intelligence High Dividend 30 64.4 20.8 21.4 21.4 2.1 3.2 1.2 18.0
STOXX Developed and Emerging Markets Total Market -3.4 19.3 20.5 20.5 2.8 2.4 1.7 20.2

Performance and annual returns

Methodology

The parent index is the STOXX Developed and Emerging Markets Total Market Index. First, stocks that rank in the top The parent index is the STOXX Developed and Emerging Markets Total Market Index. First, companies that rank in the top half of the universe in terms of ESG scores are selected. Additional filters are applied to ensure companies engaged in controversial activities, or non-compliant with the Global Standard Screenings (GSS), are excluded. In addition, for a company to be eligible for selection it must have, it must also be a component of the STOXX AI Global Artificial Intelligence ADTV5 Index 3-month average daily trading value (ADTV) greater than or equal to 1 million EUR and derive at least 10% of revenues generated within the aggregate of the FactSet RBICS sectors associated with AI. All remaining companies are ranked based on their dividend yield; the 30 companies with the highest yields are selected.

The index is weighted by the inverse of the selected stocks' volatility; component weight is capped at 10%.

The index composition is reviewed quarterly.

The detailed methodology including the calculation formula and the list of sectors can be found in our rulebooks: www.stoxx.com/rulebook

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0546615607 SXAAIHDN .SXAAIHDN
Gross Return EUR CH0546615615 SXAAIHDG SXAAIHDG INDEX .SXAAIHDG
Price EUR CH0546615599 SXAAIHDP SXAAIHDP INDEX .SXAAIHDP
Net Return USD CH0546615631 SXAAIHDV .SXAAIHDV
Price USD CH0546615623 SXAAIHDL .SXAAIHDL
Gross Return USD CH0546615649 SXAAIHDU .SXAAIHDU

Quick Facts

Weighting Inverse Volatility Weighted
Cap Factor 0.1
No. of components 30
Review frequency Quarterly
Calculation/distribution dayend
Calculation hours 22:15:00 22:15:00
Base value/base date 100 as of Mar. 18, 2013
History Available from Mar. 18, 2013
Inception date May. 20, 2020
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

ISTOXX INDICES

iSTOXX AI Global Artificial Intelligence High Dividend 30

Top 10 Components4

Company Supersector Country Weight
INWIT Telecommunications Italy 5.681%
Cisco Systems Inc. Telecommunications USA 5.344%
EXEO GROUP Construction and Materials Japan 5.081%
Texas Instruments Inc. Technology USA 4.206%
AMERICAN TOWER Real Estate USA 4.086%
IDEC Industrial Goods and Services Japan 4.029%
Digital Realty Trust Inc. Real Estate USA 4.019%
Crown Castle Real Estate USA 3.985%
Macronix Technology Taiwan 3.900%
ERICSSON LM B Telecommunications Sweden 3.835%

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

4Based on the composition as of June 28, 2024