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ENVIRONMENTAL SOCIAL GOVERNANCE INDICES

STOXX Asia/Pacific 600 ESG Target

Index Description

STOXX ESG Target indices aim to provide a strong ESG tilt to the benchmark index while maintaining low tracking error to the benchmark index. The weight of each constituent security is determined through an optimization process that is designed to ensures diversification and uses Axioma's Risk Models and Optimizer.

Key facts

  • STOXX ESG Target Indices maximize the ESG tilt while keeping tracking error to the benchmark index below 1% .
  • The aggregate ESG scores of the STOXX ESG Target Indices are substantially improved over the benchmark index.
  • Turnover is held to levels comparable to the benchmark index.

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/Pacific 600 ESG Target N/A 105.9 0.5 0.3 4.0 0.0 3.8 0.0 7.5
STOXX Asia/Pacific 600 8,032.8 6,806.8 11.3 4.4 266.0 0.9 3.9 0.0 3.2

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 Asia/Pacific 600 ESG Target 1.4 3.8 12.2 -6.5 20.5 N/A N/A 12.3 -2.2 3.8
STOXX Asia/Pacific 600 1.6 2.9 12.2 -6.7 19.1 N/A N/A 12.4 -2.3 3.6
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX Asia/Pacific 600 ESG Target N/A N/A 14.7 15.8 16.6 N/A N/A 0.4 -0.3 0.2
STOXX Asia/Pacific 600 N/A N/A 14.3 15.6 16.4 N/A N/A 0.4 -0.3 0.2
Index to benchmark Correlation Tracking error (%)
STOXX Asia/Pacific 600 ESG Target 1.0 1.0 1.0 1.0 1.0 1.3 1.4 1.3 1.2 1.3
Index to benchmark Beta Annualized information ratio
STOXX Asia/Pacific 600 ESG Target 1.0 1.0 1.0 1.0 1.0 -1.4 1.4 0.0 0.1 0.2

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

2Based on EURIBOR1M

(USD, Price), all data as of May 31, 2024

ENVIRONMENTAL SOCIAL GOVERNANCE INDICES

STOXX Asia/Pacific 600 ESG Target

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/Pacific 600 ESG Target 18.9 15.8 17.1 17.1 1.5 3.0 1.2 0.4
STOXX Asia/Pacific 600 17.5 15.6 16.5 16.5 1.5 2.9 1.2 0.7

Performance and annual returns

Methodology

The weighting of each constituent security in STOXX ESG Target Indices is determined by optimization to maximize the ESG tilt to the benchmark index. In addition, the methodology constrains the tracking error to a maximum value, quarterly turnover to a maximum value, and limits the active country and industry exposures.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH1105446962 SXPWEHA .SXPWEHA
Price EUR CH1105447010 SXPPEHA SXPPEHA INDEX .SXPPEHA
Net Return EUR CH1105447143 SXPREHA SXPREHA INDEX .SXPREHA
Gross Return USD CH1105447069 SXPZEHA .SXPZEHA
Net Return USD CH1105446798 SXPVEHA SXPVEHA INDEX .SXPVEHA
Price USD CH1105447127 SXPLEHA SXPLEHA INDEX .SXPLEHA

Quick Facts

Weighting Optimization
Cap Factor 4.5% / 8% / 35%
No. of components Variable
Review frequency Quarterly (Mar., Jun., Sep., Dec)
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 18:00:00
Base value/base date 100 as of Mar. 19, 2012
History Available from Mar. 19, 2049
Inception date Apr. 22, 2021
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

ENVIRONMENTAL SOCIAL GOVERNANCE INDICES

STOXX Asia/Pacific 600 ESG Target

Top 10 Components4

Company Supersector Country Weight
Toyota Motor Corp. Automobiles and Parts Japan 3.789%
Commonwealth Bank of Australia Banks Australia 2.643%
Mitsubishi UFJ Financial Group Banks Japan 2.290%
Hitachi Ltd. Industrial Goods and Services Japan 2.117%
Tokyo Electron Ltd. Technology Japan 1.887%
AIA GROUP Insurance Hong Kong 1.772%
SONY GROUP CORP. Consumer Products and Services Japan 1.762%
Mizuho Financial Group Inc. Banks Japan 1.564%
National Australia Bank Ltd. Banks Australia 1.525%
Bridgestone Corp. Automobiles and Parts Japan 1.411%

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

4Based on the composition as of May 31, 2024