Summary
STOXX single and multi-factor indices aim to harvest the risk premia of several academically validated style factors – Value, Momentum, Quality, Size and Low Risk. At the same time the rules ensure tradability and diversification as well as limit untargeted systematic exposures.
STOXX uses Axioma's risk model and optimizer to construct the factor indices. The STOXX single and multi-factor indices are based on the respective STOXX country or regional benchmark indices.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
| NOVO NORDISK B | Health Care | DK |
| Exxon Mobil Corp. | Energy | US |
| BHP GROUP LTD. | Basic Resources | AU |
| Costco Wholesale Corp. | Retail | US |
| Apple Inc. | Technology | US |
| Texas Instruments Inc. | Technology | US |
| MODERNA | Health Care | US |
| Tokyo Electron Ltd. | Technology | JP |
| McKesson Corp. | Personal Care, Drug and Grocery Stores | US |
| RAYTHEON TECHNOLOGIES | Industrial Goods and Services | US |
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