The STOXX USA Low Carbon Select 50 USD Index captures the performance of US low carbon emissions stocks with low volatility and high dividends from the STOXX Global 1800 Index.
The component selection process first excludes all stocks that belong to the ICB Subsector 1771 (Coal), then selects in each ICB industry all stocks whose Carbon Intensity is the lowest. Next, it excludes all stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 50 stocks with the highest 12-month historical dividend yields are selected to be included in the index. The percentage of exclusion/inclusion at each step is the same.
Those constituents are weighted according to the inverse of their volatility, with a cap at 10%. The indices are reviewed quarterly.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|Colgate-Palmolive Co.||Personal Care, Drug and Grocery Stores||US|
|Philip Morris International In||Food, Beverage and Tobacco||US|
|Bristol-Myers Squibb Co.||Health Care||US|
|Altria Group Inc.||Food, Beverage and Tobacco||US|
|Coca-Cola Europacific Partners||Food, Beverage and Tobacco||US|
|Johnson & Johnson||Health Care||US|
|International Business Machine||Technology||US|
|General Mills Inc.||Food, Beverage and Tobacco||US|
|Amgen Inc.||Health Care||US|
|Travelers Cos. Inc.||Insurance||US|