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STRATEGY INDICES

iSTOXX Europe Centenary Select 30

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Index Description

The iSTOXX Europe Centenary Select 30 Index selects those companies from the STOXX Europe 600 that are at least 100 years old, are expected to pay a dividend within the next month and have shown a high beta historically. The monthly selection process includes measures to exclude low liquidity stocks and to limit the number of companies per industry. All 30 constituents are weighted according to their three-month ADTV in EUR and capped at 10%.

Key facts

  • Companies are selected from one of Europes most representative indices, the STOXX Europe 600
  • Offers investment into established firms with a long history
  • High liquidity is ensured by applying a EUR 15 mn ADTV filter and ADTV weighting scheme
  • Attractive dividend yield thanks to an overlay that selects companies that are about to pay a dividend and by updating the portfolio monthly

Descriptive Statistics

Index Market Cap (EUR bn) Components (EUR bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX Europe Centenary Select 30 N/A 98.2 3.3 2.0 6.3 0.9 6.4 1.0 504.0
STOXX Europe 600 13,412.8 10,703.8 17.8 6.2 325.6 1.1 3.0 0.0 3.5

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
iSTOXX Europe Centenary Select 30 -0.1 1.2 6.7 1.1 -7.7 N/A N/A 6.8 0.4 -1.6
STOXX Europe 600 1.0 6.5 10.5 10.2 25.2 N/A N/A 10.7 3.3 4.7
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Europe Centenary Select 30 N/A N/A 15.0 20.1 24.4 N/A N/A 0.2 -0.1 -0.1
STOXX Europe 600 N/A N/A 10.3 14.5 17.7 N/A N/A 0.7 0.1 0.2
Index to benchmark Correlation Tracking error (%)
iSTOXX Europe Centenary Select 30 0.9 0.9 0.9 0.9 0.9 11.2 7.6 7.5 9.0 10.6
Index to benchmark Beta Annualized information ratio
iSTOXX Europe Centenary Select 30 1.4 1.3 1.3 1.3 1.3 -1.2 -0.7 -0.4 -0.3 -0.5

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

2Based on EURIBOR1M

(EUR, Price), all data as of November 29, 2024

STRATEGY INDICES

iSTOXX Europe Centenary Select 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 Europe Centenary Select 30 15.5 10.9 11.6 11.6 1.1 7.2 1.0 19.8
STOXX Europe 600 17.8 14.0 15.9 15.9 2.0 2.9 1.3 -80.8

Performance and annual returns

Methodology

The index universe is defined by all companies in the STOXX Europe 600 that are at least 100 years old.


In a first step, a liquidity filter is applied to the universe: Only companies with a three-month average daily trading volume (ADTV) greater than EUR 15 mn are selected. In a second step, all remaining companies whose six-month beta to the EURO STOXX 50 is above 1.5 or country of domicile represents 0.5% or less of the STOXX Europe 600 are excluded from the universe of selection.


All remaining companies are ranked in descending order by their six-month beta to the EURO STOXX 50. Among all companies that will pay a dividend within the next month, the top 20 are selected (or all of them if there are less than 20). The index composition is completed with the top constituents that are not expected to pay a dividend in the next month (with a maximum of seven constituents per industry).


All constituents are weighted according to their three-month ADTV, with a cap at 10%.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Net Return EUR CH0289956184 SXECS3R .SXECS3R
Gross Return EUR CH0289956192 SXECS3GR .SXECS3GR
Price EUR CH0289956168 SXECS3P SXECS3P INDEX .SXECS3P
Gross Return USD CH0289956234 SXECS3GV .SXECS3GV
Net Return USD CH0289956218 SXECS3V .SXECS3V
Price USD CH0289956200 SXECS3L .SXECS3L

Quick Facts

Weighting Based on ADTV
Cap Factor 10%
No. of components 30
Review frequency Monthly
Calculation/distribution Real-time for the price version, end-of-day for the others
Calculation hours Real-time (09:00 to 18:00)
Base value/base date 100 as of Dec. 23, 2002
History Available from Dec. 23, 2002
Inception date Aug. 4, 2015
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
BRITISH AMERICAN TOBACCO Food, Beverage and Tobacco UK 6.433%
SCHNEIDER ELECTRIC Industrial Goods and Services France 5.946%
DEUTSCHE BANK Banks Germany 5.906%
BMW Automobiles and Parts Germany 5.891%
ADIDAS Consumer Products and Services Germany 5.879%
SIEMENS Industrial Goods and Services Germany 5.723%
BCO SANTANDER Banks Spain 5.687%
AIR LIQUIDE Chemicals France 5.664%
PRUDENTIAL Insurance UK 5.619%
L'OREAL Consumer Products and Services France 5.580%

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

4Based on the composition as of November 29, 2024

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.