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STRATEGY INDICES

STOXX Global Health Care Select 30 USD

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Index Description

The STOXX Global Health Care Select 30 EUR and USD indices measure the performance of low-risk stocks characterised by low volatility and high dividend yield from a pool of global Health Care stocks. The index uses the market standard Industry Classification Benchmark (ICB) to categorise companies according to their primary source of revenue. This guarantees a professional and accurate classification of companies in their respective business environments. There are four levels of classification ranging from broad to very detailed: 10 industries are broken down into 19 supersectors, 41 sectors and 114 subsectors.

Key facts

  • Broad and liquid universe.
  • Lower volatility stocks receive the highest weights.
  • Exposure to a single ICB industry.

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 Global Health Care Select 30 USD N/A 1.1 0.0 0.0 0.0 0.0 4.7 2.4 99.8
STOXX Global 1800 Health Care 8,141.2 7,650.5 50.3 17.0 678.8 1.8 8.9 0.0 2.2

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 Global Health Care Select 30 USD -0.3 7.9 12.5 19.5 32.7 N/A N/A 12.7 6.2 5.9
STOXX Global 1800 Health Care -1.1 8.2 12.7 13.2 49.6 N/A N/A 12.9 4.3 8.5
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Global Health Care Select 30 USD N/A N/A 9.6 11.0 13.2 N/A N/A 0.9 0.3 0.3
STOXX Global 1800 Health Care N/A N/A 10.0 12.9 15.6 N/A N/A 0.9 0.1 0.4
Index to benchmark Correlation Tracking error (%)
STOXX Global Health Care Select 30 USD 0.7 0.7 0.7 0.8 0.8 9.7 7.2 7.1 8.2 8.7
Index to benchmark Beta Annualized information ratio
STOXX Global Health Care Select 30 USD 0.5 0.7 0.7 0.7 0.7 1.0 -0.1 -0.1 0.2 -0.4

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

2Based on EURIBOR1M

(USD, Gross Return), all data as of November 29, 2024

STRATEGY INDICES

STOXX Global Health Care Select 30 USD

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 Global Health Care Select 30 USD 27.2 15.0 23.9 23.9 2.7 3.4 1.4 15.2
STOXX Global 1800 Health Care 37.8 21.3 32.0 32.0 4.7 1.9 2.7 24.0

Performance and annual returns

Methodology

The base universe is defined by the STOXX Global 1800. All stocks belonging to the Health Care industry are screened for 12-month historical daily pricing data and historical dividend yield. If one or both values are not available for a stock, the company is removed from the base universe.

All remaining stocks are then ranked in ascending order in terms of volatility and all stocks which do not belong to the top x% are excluded (x being calculated as the square root of the number of stocks in the base universe divided by the target number of stocks in the Select index).

All remaining stocks are then ranked in descending order in terms of 12-month historical dividend yield and the top x% are selected to be included in the Select index. Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The composition is reviewed quarterly.

The detailed methodology including the calculation formula can be found in our rulebook:

www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price USD CH0375115422 SXGHSUL SXGHSUL INDEX .SXGHSUL
Gross Return USD CH0375115398 SXGHSUUR SXGHSUUR INDEX .SXGHSUUR
Net Return USD CH0375115364 SXGHSUU .SXGHSUU

Quick Facts

Weighting Inverse volatility weighted
No. of components 30
Review frequency Quarterly, in Mar., Jun., Sep., Dec.
Calculation/distribution Price, Net Return and Gross Return in EUR and USD
Calculation hours 00:00�22:00 CET
Base value/base date 100 as of Mar. 22, 2004
History Available daily back to Mar. 22, 2004
Inception date Aug. 9, 2017
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
Johnson & Johnson Health Care USA 4.657%
NOVARTIS Health Care Switzerland 4.486%
Cardinal Health Inc. Health Care USA 4.211%
MEDTRONIC PLC Health Care USA 4.210%
Quest Diagnostics Inc. Health Care USA 4.143%
Abbott Laboratories Health Care USA 3.984%
Sonic Healthcare Ltd. Health Care Australia 3.671%
ABBVIE Health Care USA 3.651%
ROCHE HLDG P Health Care Switzerland 3.608%
SIEMENS HEALTHINEERS Health Care Germany 3.604%

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.