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THEME INDICES

STOXX Asia Technology 100

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Index Description

The STOXX Asia Technology 100 Index tracks 100 large Asian technology companies having significant revenues derived from the development of products and services from technology innovations in areas such as internet and digitization, health-tech, mobility, autonomous technology and industrial automation. Stocks from the base universe are screened for ESG factors such as Global Standards Screening, Controversial Weapons, Controversy Ratings, Product Involvement (Tobacco, Thermal Coal, Military Contracting) and liquidity criteria.

Key facts

  • Index allows targeted investment in Asian technology companies
  • Detailed Revere data helps select companies with a revenue exposure of more than 50% to related sectors
  • Quarterly review: March, June, September and December
  • Free-float market capitalization weighted, with cap factors adjusting for foreign ownership restrictions
  • Liquidity filters ensure replicability

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 Asia Technology 100 2,806.0 2,271.7 22.7 9.8 191.0 4.1 8.4 0.2 24.6
STOXX Asia 100 6,280.8 4,996.2 50.0 32.4 469.1 13.9 9.4 0.3 9.7

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 Asia Technology 100 5.5 16.3 16.3 -27.5 44.3 N/A N/A 16.3 -10.2 7.6
STOXX Asia 100 4.7 16.1 16.1 -6.3 33.9 N/A N/A 16.4 -2.2 6.1
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Asia Technology 100 N/A N/A 17.6 22.9 21.6 N/A N/A 0.6 -0.5 0.3
STOXX Asia 100 N/A N/A 13.0 15.7 16.1 N/A N/A 0.9 -0.2 0.4
Index to benchmark Correlation Tracking error (%)
STOXX Asia Technology 100 0.9 0.9 0.9 0.8 0.9 7.9 9.0 9.0 12.8 11.6
Index to benchmark Beta Annualized information ratio
STOXX Asia Technology 100 1.2 1.2 1.2 1.2 1.1 -0.1 -0.1 -0.1 -0.7 0.1

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

2Based on EURIBOR1M

(USD, Price), all data as of December 29, 2023

THEME INDICES

STOXX Asia Technology 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 Asia Technology 100 24.0 22.7 20.2 20.2 2.4 1.5 1.5 39.6
STOXX Asia 100 14.7 15.8 13.6 13.6 1.7 2.0 1.4 9.1

Performance and annual returns

Methodology

The STOXX Asia Technology 100 index tracks 100 large and liquid Asian technology securities.

STOXX uses FactSet's Revere (RBICS) granular data for a detailed breakdown of the revenue sources for the eligible companies, helping identify companies that derive significant revenues from the development of products and services from technology innovations, leading to breakthroughs in areas such as internet and digitization, health-tech, mobility, autonomous technology and industrial automation.

Universe: The index universe is defined by all stocks included in the following indices, as observed on the review effective date: STOXX Asia Total Market, STOXX China P Chips Total Market, and STOXX China A Total Market (only shares available to foreign investors through Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect).

Weighting scheme: The index is free-float market capitalization weighted, with cap factors adjusting for foreign ownership restrictions.

The detailed methodology including the calculation formula can be found in our rulebooks: www.stoxx.com/rulebooks

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0113195033 SXATECHP .SXATECHP
Net Return EUR CH0113195041 SXATECHR .SXATECHR
Gross Return EUR CH0113195058 SXATECHW .SXATECHW
Price USD CH0113195066 SXATECHL SXATECHL INDEX .SXATECHL
Net Return USD CH0113195074 SXATECHV SXATECHV INDEX .SXATECHV
Gross Return USD CH0113195082 SXATECHZ SXATECHZ INDEX .SXATECHZ

Quick Facts

Weighting Free-Float Market Capitalization
Cap Factor 0.08
No. of components 100
Review frequency Quarterly
Calculation/distribution realtime 15 sec
Calculation hours 00:00:01 18:00:00
Base value/base date 1000 as of Jun. 22, 2015
History Available from Jun 22, 2015
Inception date Feb. 28, 2022
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
Samsung Electronics Co Ltd Telecommunications South Korea 8.408%
TSMC Technology Taiwan 8.012%
ALIBABA GROUP HOLDING Retail China 7.473%
SONY GROUP CORP. Consumer Products and Services Japan 5.280%
Keyence Corp. Industrial Goods and Services Japan 4.008%
Infosys Ltd Technology India 3.103%
RECRUIT HOLDINGS Industrial Goods and Services Japan 2.896%
Tokyo Electron Ltd. Technology Japan 2.755%
Nintendo Co. Ltd. Consumer Products and Services Japan 2.675%
SK HYNIX INC Technology South Korea 2.604%

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

4Based on the composition as of December 29, 2023

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.

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.