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BENCHMARK INDICES

STOXX USA 900 Equal Weight

Index Description

The STOXX USA 900 Equal Weight Index measures the performance of the same stocks as the standard free-float market cap weighted indices but uses a different weighting scheme by attributing to each component the same weight. The index has a fixed number of components and is part of the STOXX blue-chip index family.

Key facts

  • The reduced importance of single components makes the index performance less dependent on the performance of individual members.
  • Smaller companies are more strongly represented in the STOXX USA 900 Equal Weight Index than in the parent index.

Descriptive Statistics

Index Market Cap (USD bn) Components (USD bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
STOXX USA 900 Equal Weight N/A 100,904.8 111.9 111.9 143.3 18.9 0.1 0.0 27.5
STOXX USA 900 49,908.8 47,901.8 53.1 15.8 3,126.9 3.9 6.5 0.0 2.8

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
STOXX USA 900 Equal Weight 4.6 8.7 23.4 19.1 73.4 N/A N/A 24.1 6.1 11.8
STOXX USA 900 3.2 10.5 30.1 33.8 98.3 N/A N/A 30.9 10.3 14.9
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
STOXX USA 900 Equal Weight N/A N/A 14.2 19.2 23.5 N/A N/A 1.4 0.2 0.5
STOXX USA 900 N/A N/A 11.9 17.9 21.7 N/A N/A 2.1 0.5 0.6
Index to benchmark Correlation Tracking error (%)
STOXX USA 900 Equal Weight 0.8 0.9 0.9 1.0 1.0 6.1 6.2 6.5 5.6 6.5
Index to benchmark Beta Annualized information ratio
STOXX USA 900 Equal Weight 0.9 1.0 1.1 1.0 1.0 2.9 -1.2 -0.8 -0.7 -0.4

1For information on data calculation, please refer to STOXX calculation reference guide

2Based on EURIBOR1M

(USD, Gross Return), all data as of March 29, 2024

BENCHMARK INDICES

STOXX USA 900 Equal Weight

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
STOXX USA 900 Equal Weight 26.5 19.0 19.9 19.9 3.0 2.1 1.7 10.3
STOXX USA 900 28.3 22.2 26.0 26.0 4.7 2.0 2.7 1.7

Performance and annual returns

Methodology

The index components exactly match the parent index members, e.g. the STOXX USA 900 Equal Weight Index consists of the same stocks as the STOXX USA 900 Index. The same weight is attributed to all components each quarter, regardless of their free-float market capitalization. Extraordinary replacements are added at the same weight as the deleted stock. The detailed methodology including the calculation formula can be found in our rulebook:

http://www.stoxx.com/indices/rulebooks.html

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Price EUR CH0339858877 SX9UEWP .SX9UEWP
Net Return EUR CH0339858869 SX9UEWR .SX9UEWR
Gross Return EUR CH0339858851 SX9UEWG .SX9UEWG
Net Return USD CH0339858919 SX9UEWV SX9UEWV INDEX .SX9UEWV
Gross Return USD CH0339858786 SX9UEWGV .SX9UEWGV
Price USD CH0339858810 SX9UEWL .SX9UEWL

Quick Facts

Weighting Equal Weighted
Cap Factor No
No. of components 900
Review frequency Quarterly
Calculation/distribution Realtime 15 sec. (EUR, USD Price) / end-of-day (others)
Calculation hours 15:30 - 22.15 CET
Base value/base date 100 as of Mar. 18, 2002
History Available since Mar. 18, 2002
Inception date Oct. 20, 2016
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://qontigo.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.

BENCHMARK INDICES

STOXX USA 900 Equal Weight

Top 10 Components4

Company Supersector Country Weight
MICROSTRATEGY Technology USA 0.142%
WILLIAMS SONOMA Retail USA 0.139%
SHOCKWAVE MEDICAL Health Care USA 0.138%
Southern Copper Corp. Basic Resources USA 0.136%
DICK'S SPORTING GOODS Retail USA 0.134%
ROBINHOOD MARKETS A Financial Services USA 0.133%
Micron Technology Inc. Technology USA 0.129%
COREBRIDGE FINANCIAL Insurance USA 0.128%
Freeport-McMoRan Basic Resources USA 0.128%
FTAI AVIATION Industrial Goods and Services USA 0.127%

3Net dividend yield is calculated as net return index return minus price index return

4Based on the composition as of March 29, 2024

CONTACT DETAILS

  • STOXX customer support
  • P +41 43 430 7272
  • customersupport@stoxx.com
  • https://stoxx.com/support/

DISCLAIMER

STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not make any warranties or representations, express or implied, with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data and exclude any liability in connection therewith. STOXX, Deutsche Börse Group and their licensors, research partners or data providers are not providing investment advice through the publication of indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX, Deutsche Börse Group or their licensors, research partners or data providers on the merits of that company. Financial instruments based on the STOXX indices, DAX indices or on any other indices supported by STOXX are in no way sponsored, endorsed, sold or promoted by STOXX, Deutsche Börse Group or their licensors, research partners or data providers.

BACKTESTED PERFORMANCE

This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

CUSTOMIZATION

The index can be used as a basis for the definition of STOXX Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers a wide range of customization, in terms of component selection, weighting schemes and personalized calculation methodologies.