Continue active refreshing of this index's data?
Continue active refreshing of this index's data?
BENCHMARK INDICES
iSTOXX Europe 600 Ircantec PAB
Index Description
The iSTOXX Europe 600 Ircantec PAB Index tracks the performance of liquid securities from the STOXX Europe 600. The index is constructed to follow the EU Paris-aligned Benchmark (EU PAB) requirements outlined in the Commission Delegated Regulation (EU) 2020/1818 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council in regards to minimum standards for EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks. The index is designed to help investors align investments with the overall long-term global warming target of the Paris Agreement.
Key facts
- The Index is designed to help investors shift towards a low-carbon economy and align investments to the Paris Climate Agreement.
- The Index aims to reduce their greenhouse gases emission intensity by at least 50% when compared to its underlying benchmarks and it is designed to meet the year on year 7% decarbonization target.
- The Index overweights securities with concrete targets and emission reduction targets verified by the Science Based Target initiative (SBTi)
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 | |
iSTOXX Europe 600 Ircantec PAB | N/A | 95.1 | 0.2 | 0.0 | 4.5 | 0.0 | 4.7 | 0.0 | 54.0 |
STOXX Europe 600 | 11,702.4 | 9,231.3 | 15.4 | 5.4 | 293.7 | 0.9 | 3.2 | 0.0 | 3.5 |
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 | |
iSTOXX Europe 600 Ircantec PAB | -3.2 | 4.0 | 8.1 | N/A | N/A | N/A | N/A | 8.2 | N/A | N/A |
STOXX Europe 600 | -3.7 | 2.1 | 5.2 | 26.7 | 19.9 | N/A | N/A | 5.2 | 8.3 | 3.7 |
Index volatility and risk | Annualized volatility (%) | Annualized Sharpe ratio2 | ||||||||
iSTOXX Europe 600 Ircantec PAB | N/A | N/A | 14.0 | 17.8 | 17.8 | N/A | N/A | 0.4 | -0.6 | -0.6 |
STOXX Europe 600 | N/A | N/A | 12.5 | 15.2 | 18.0 | N/A | N/A | 0.2 | 0.5 | 0.2 |
Index to benchmark | Correlation | Tracking error (%) | ||||||||
iSTOXX Europe 600 Ircantec PAB | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 3.0 | 3.4 | 3.9 | 4.2 | 4.2 |
Index to benchmark | Beta | Annualized information ratio | ||||||||
iSTOXX Europe 600 Ircantec PAB | 1.0 | 1.0 | 1.1 | 1.2 | 0.9 | 1.8 | 0.7 | 0.7 | -0.5 | -0.5 |
1For information on data calculation, please refer to STOXX calculation reference guide
2Based on EURIBOR1M
(EUR, Price), all data as of October 31, 2023
BENCHMARK INDICES
iSTOXX Europe 600 Ircantec PAB
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 | ||
iSTOXX Europe 600 Ircantec PAB | 19.2 | 15.7 | 17.2 | 17.2 | 2.4 | 2.4 | 1.6 | 16.4 |
STOXX Europe 600 | 14.2 | 12.4 | 12.3 | 12.3 | 1.8 | 2.8 | 1.1 | 10.8 |
Performance and annual returns
Methodology
The iSTOXX Europe 600 Ircantec PAB Index tracks the performance of liquid securities from the STOXX Europe 600. The index is constructed to follow the EU Paris-aligned Benchmark (EU PAB) requirements outlined in the Commission Delegated Regulation (EU) 2020/1818 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council in regards to minimum standards for EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks. The index is designed to help investors align investments with the overall long-term global warming target of the Paris Agreement.
Index | ISIN | Symbol | Bloomberg | Reuters |
---|---|---|---|---|
Price EUR | CH1169657090 | IXXPPAB | .IXXPPAB | |
Net Return EUR | CH1169657108 | IXXRPAB | IXXRPAB INDEX | .IXXRPAB |
Gross Return EUR | CH1169657116 | IXXGRPAB | .IXXGRPAB | |
Price USD | CH1169657124 | IXXLPAB | .IXXLPAB | |
Net Return USD | CH1169657132 | IXXVPAB | .IXXVPAB | |
Gross Return USD | CH1169657140 | IXXGVPAB | .IXXGVPAB |
Quick Facts
Weighting | Price weighted |
Cap Factor | 4.50% |
No. of components | Variable |
Review frequency | Quarterly |
Calculation/distribution | Realtime 15 sec |
Calculation hours | 09:00:00 18:00:00 |
Base value/base date | 100 as of Dec. 31, 2021 |
History | Available from Dec. 31, 2021 |
Inception date | September. 29, 2022 |
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet. |
BENCHMARK INDICES
iSTOXX Europe 600 Ircantec PAB
Top 10 Components4
Company | Supersector | Country | Weight |
---|---|---|---|
NOVO NORDISK B | Health Care | Denmark | 4.733% |
ASML HLDG | Technology | Netherlands | 4.480% |
LVMH MOET HENNESSY | Consumer Products and Services | France | 4.408% |
ASTRAZENECA | Health Care | UK | 4.403% |
NOVARTIS | Health Care | Switzerland | 3.170% |
NESTLE | Food, Beverage and Tobacco | Switzerland | 2.837% |
SAP | Technology | Germany | 2.765% |
L'OREAL | Consumer Products and Services | France | 2.743% |
HERMES INTERNATIONAL | Consumer Products and Services | France | 2.403% |
CIE FINANCIERE RICHEMONT | Consumer Products and Services | Switzerland | 2.022% |
3Net dividend yield is calculated as net return index return minus price index return
4Based on the composition as of October 31, 2023