The STOXX® Industry Neutral Ax Factor Indices implement the same methodology of the STOXX® Factor Indices while reducing the active industry constraint from +/- 5% to near neutral.
The STOXX Factor Indices and STOXX Industry Neutral Ax Factor Indices rely on Axioma’s proven factor models and seek precise exposure to desired equity risk premia. They are built using widely accepted and institutionally tested factor definitions and Axioma’s advanced portfolio-construction tools and risk models.
STOXX Industry Neutral Ax Factor Indices covering the European and US markets underlie futures on Eurex. This offers investors the trading and hedging benefits of listed derivatives targeting a consistent methodology and factor definitions across regions.
FACTORS
- Value
- Quality
- Momentum
- Low Risk
- Size
- Multi-Factor
UNIVERSES
- Europe 600
- USA 500