Summary
Traditional equity indices bundle companies based on their country of domicile and primary listing, regardless of where the selected companies generate their revenues. In the absence of such consideration, the outcome is overlaps in regional revenue exposure among indices. Viewed in a portfolio context, revenue overlaps among portfolio constituents increase correlations between indices. STOXX TRU Indices take into account each company's revenue exposure to single countries in the selection process and focus on companies that generate all or a significant portion of their revenues in targeted countries or regions.
This enables STOXX TRU Indices to offer similar levels of volatility but significantly lower correlations. Viewed in a portfolio context, a combination of STOXX TRU indices is therefore found to increase portfolio efficiency, i.e. to offer more return per unit of risk taken compared to the use of traditional equity indices.
This enables STOXX TRU Indices to offer similar levels of volatility but significantly lower correlations. Viewed in a portfolio context, a combination of STOXX TRU indices is therefore found to increase portfolio efficiency, i.e. to offer more return per unit of risk taken compared to the use of traditional equity indices.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Symbol
SXTRUAMP
Calculation
End-of-day
Dissemination Period
18:00-18:00 CET
ISIN
CH0283323464
Last Value
118.39
+1.27 (+1.08%)
As of CET
Week to Week Change
1.20%
52 Week Change
15.60%
Year to Date Change
5.77%
Daily Low
118.39
Daily High
118.39
52 Week Low
100.09 — 13 Nov 2023
52 Week High
122.89 — 17 Oct 2024
Top 10 Components
| Commonwealth Bank of Australia | AU |
| Westpac Banking Corp. | AU |
| TELSTRA GROUP | AU |
| ANZ GROUP | AU |
| Transurban Group | AU |
| Wesfarmers Ltd. | AU |
| WOOLWORTHS GROUP | AU |
| WOODSIDE ENERGY GROUP | AU |
| SUNCORP GROUP LTD. | AU |
| Coles Group | AU |
Zoom
Low
High
Featured indices
STOXX® Global 1800 - USD (Price Return)
$689.44
+0.84
1Y Return
30.99%
1Y Volatility
0.11%
STOXX® Europe 600 - EUR (Price Return)
€506.63
-3.29
1Y Return
13.14%
1Y Volatility
0.10%
STOXX® USA 500 - USD (Price Return)
$464.81
+1.87
1Y Return
37.70%
1Y Volatility
0.13%
EURO STOXX 50® - EUR (Price Return)
€4802.76
-49.20
1Y Return
13.56%
1Y Volatility
0.13%
DAX - EUR (Total Return)
€19215.48
-147.04
1Y Return
25.16%
1Y Volatility
0.12%