Continue active refreshing of this index's data?

Continue active refreshing of this index's data?

STRATEGY INDICES

EURO STOXX Quality Dividend 50

Export PDF

Index Description

The EURO STOXX Quality Dividend 50 Index systematically aims at selecting the top 50 stocks in terms of quality and dividend yield from the EURO STOXX index, whilst minimizing overall volatility of the derived index.

Key facts

  • Ideal to achieve a balanced exposure between a dividend paying and a high quality strategy
  • Liquid universe ensured by the use of the ADTR screening
  • Balanced approach between the different screenings
  • Diversification though capping of component weights to 4% and number of companies per industry to 15

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
EURO STOXX Quality Dividend 50 688.9 452.7 9.2 7.3 21.7 1.8 4.8 0.4 88.3
EURO STOXX 7,349.0 5,352.5 18.0 6.6 263.1 1.1 4.9 0.0 3.3

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
EURO STOXX Quality Dividend 50 -0.4 10.5 12.9 25.3 31.4 N/A N/A 13.1 7.9 5.7
EURO STOXX 0.1 8.6 12.2 20.3 44.4 N/A N/A 12.4 6.4 7.7
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
EURO STOXX Quality Dividend 50 N/A N/A 11.4 14.8 17.9 N/A N/A 0.8 0.3 0.2
EURO STOXX N/A N/A 12.0 16.8 19.7 N/A N/A 0.7 0.2 0.3
Index to benchmark Correlation Tracking error (%)
EURO STOXX Quality Dividend 50 0.9 0.9 0.9 0.9 0.9 6.8 6.6 6.4 7.0 6.9
Index to benchmark Beta Annualized information ratio
EURO STOXX Quality Dividend 50 0.8 0.8 0.8 0.8 0.9 -0.9 0.2 0.1 0.1 -0.4

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

2Based on EURIBOR1M

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

STRATEGY INDICES

EURO STOXX Quality Dividend 50

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
EURO STOXX Quality Dividend 50 9.6 8.5 9.1 9.1 1.0 6.3 0.5 6.8
EURO STOXX 16.1 13.4 14.6 14.6 1.7 3.6 1.2 -9.7

Performance and annual returns

Methodology

The EURO STOXX Quality Dividend 50 Index aims to select 50 high quality, high dividend-paying and low volatility stocks.

Starting from an index universe defined by the EURO STOXX Index, a number of less liquid stocks is filtered out. In the first step of the selection process, a quality score is assigned to the remaining stocks. This derives from 3 different quality factors: 12-month trailing dividend yield, 12-month trailing payout ratio and 3-year free cash flow yield growth rate. Each stock is given a standardized score (z-score) for each of the 3 metrics, and the final quality score assigned to them is the sum of the 12-month dividend yield z-score, the negative of the 12-month payout ratio z-score and the 3-year FCF / net income growth rate z-score. All stocks which do not belong to the top x% in terms of quality score, are excluded from the selection process (x being calculated as the square root of the number of eligible stocks divided by 50).
All remaining stocks are then ranked in ascending order in terms of volatility and the top 50 are selected.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0335992332 SXQD50E SXQD50E INDEX .SXQD50E
Net Return EUR CH0335992340 SXQD50R SXQD50R INDEX .SXQD50R
Gross Return EUR CH0335992357 SXQD50GR .SXQD50GR
Net Return USD CH0335992373 SXQD50V .SXQD50V
Gross Return USD CH0335992381 SXQD50GV .SXQD50GV
Price USD CH0335992365 SXQD50L .SXQD50L

Quick Facts

Weighting Free float market capitalization weighted
Cap Factor 4% per component; 15 components per ICB industry
No. of components 50
Review frequency Semi-annually
Calculation/distribution Price: real-time (every 15’’). Net and gross return: end-of-day
Calculation hours Please see data vendor codes sheet on: https://www.stoxx.com/data-vendor-codes
Base value/base date 100 as of Jun. 19, 2006
History Available daily back to Jun. 19, 2006
Inception date Jan. 31, 2016
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
ASSICURAZIONI GENERALI Insurance Italy 4.803%
ENGIE Utilities France 4.557%
ORANGE Telecommunications France 4.398%
INTESA SANPAOLO Banks Italy 4.373%
ENEL Utilities Italy 4.278%
UNICREDIT Banks Italy 4.233%
ENI Energy Italy 4.024%
ING GRP Banks Netherlands 3.879%
DEUTSCHE POST Industrial Goods and Services Germany 3.847%
HEIDELBERG MATERIALS Construction and Materials Germany 3.571%

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.