News & Research

The German blue-chip benchmark’s largest component has had its weight capped at 15%, a limit designed to preserve the index’s diversification. A STOXX analysis finds that the impact from index trackers selling the shares due to the cap is relatively small, and more so compared to that of active funds observing caps imposed by European regulation.

The STOXX World AC benchmark declined 2.3% last month, its first monthly retreat since April. Earnings disappointments from high-flying technology companies and rising bond yields were among reasons that drove investors to take profits from this year’s rally.

Arun Singhal, global head of product management at STOXX, speaks to ETF Stream Editor Theo Andrew about why flows are returning to European equities, and the role indices play.

The STOXX World AC benchmark gained 2.4% last month, taking its third-quarter gain to 6.7%. Almost half of market participants forecast the Federal Reserve may cut interest rates by another 75 basis points before year-end.

The TRFs were listed on September 30, expanding the leading pan-European benchmark’s trading ecosystem. TRFs have seen strong demand from market participants as a way to efficiently gain exposure to price-plus-dividend returns of shares and indices.

The STOXX US Nexus 100, STOXX US 2000, STOXX USA Titans 30 and STOXX USA 500 underlie futures as of today, expanding the possibilities for investors to trade baskets of US stocks.

Changes were announced as part of the September regular review of the DAX 50 ESG, DAX 50 ESG+, DAX 30 ESG, DAX ESG Target, DAX ESG Screened, MDAX ESG+, MDAX ESG Screened and DAX indices.

The STOXX World AC benchmark rose 2.6% in August, recovering from a drop of 6.5% in the month’s first three sessions. Investors forecast the Federal Reserve will cut interest rates in September.

The global benchmark rose 1.7% in July, with all the advance coming in the month’s first half. Weaker output and inflation data in the US boosted forecasts that the Fed may start easing monetary policy as early as September.

STOXX Ltd. has announced an unscheduled component change in the SDAX index. SYNLAB AG will leave the SDAX because it does not meet the requirement “existing listing on the Regulated Market of the Frankfurt Stock Exchange (FSE)” any more (rulebook, section 5.4.2 Breaches of basic criteria).

The global benchmark rose 2.3% last month for a 2024 advance of 11.6%. It was the index’s seventh monthly advance in eight months as investors expect US interest rates to start dropping this year, aiding the global economy.

US stocks rose in June as investors weighed the prospects for interest-rate cuts amid slowing inflation. European shares fell as results from the European Parliamentary elections increased political risk.