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
SXTRUPMP
Calculation
End-of-day
Dissemination Period
18:00-18:00 CET
ISIN
CH0283323340
Last Value
158.42
-0.51 (-0.32%)
As of
CETWeek to Week Change
0.58%
52 Week Change
12.72%
Year to Date Change
10.65%
Daily Low
158.42
Daily High
158.42
52 Week Low
132.22 — 23 Oct 2023
52 Week High
159.9199 — 3 Sep 2024
Top 10 Components
Commonwealth Bank of Australia | AU |
National Australia Bank Ltd. | AU |
Westpac Banking Corp. | AU |
Itochu Corp. | JP |
ANZ GROUP | AU |
Mitsubishi UFJ Financial Group | JP |
Softbank Group Corp. | JP |
Wesfarmers Ltd. | AU |
Mitsubishi Corp. | JP |
Mitsui & Co. Ltd. | JP |
Zoom
Low
High
Featured indices
STOXX® Global 1800 - USD (Price Return)
$672.66
-0.02
1Y Return
29.34%
1Y Volatility
0.11%
STOXX® Europe 600 - EUR (Price Return)
€517.29
+0.65
1Y Return
16.56%
1Y Volatility
0.10%
STOXX® USA 500 - USD (Price Return)
$444.82
+4.35
1Y Return
33.49%
1Y Volatility
0.13%
EURO STOXX 50® - EUR (Price Return)
€4941.76
-7.24
1Y Return
20.16%
1Y Volatility
0.13%
DAX - EUR (Total Return)
€19056.07
-10.40
1Y Return
25.96%
1Y Volatility
0.12%