Summary
The STOXX Europe Christian Diversification Select 30 EUR Index captures the performance of stocks with low correlation, low volatility and high dividends from the STOXX Europe Christian index.
The component selection process first excludes all stocks with the highest 12-months average correlation with all other stocks of the benchmark, then excludes stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 30 stocks with the highest 12-month historical dividend yields are selected to be included in the index. The percentage of exclusion/inclusion at each step is the same.
Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The indices are reviewed quarterly.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
| ZURICH INSURANCE GROUP | CH |
| KPN | NL |
| ALLREAL HLDG | CH |
| SWISSCOM | CH |
| HELVETIA HLDG | CH |
| CEMBRA MONEY BANK | CH |
| BANQUE CANTONALE VAUDOISE | CH |
| BALOISE | CH |
| SAMPO | FI |
| SHELL | GB |