Summary
STOXX ESG Target TE Indices aim to provide a low tracking error to the benchmark index while ensuring an improved ESG score. The weighting of each constituent security is determined through an optimization process that is designed to ensure diversification and uses Axioma's Risk Model and Optimizer to construct the indices.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Top 10 Components
| Apple Inc. | Technology | US |
| Microsoft Corp. | Technology | US |
| Amazon.com Inc. | Retail | US |
| NVIDIA Corp. | Technology | US |
| ALPHABET CLASS C | Technology | US |
| META PLATFORMS CLASS A | Technology | US |
| TESLA | Automobiles and Parts | US |
| UnitedHealth Group Inc. | Health Care | US |
| VISA Inc. Cl A | Industrial Goods and Services | US |
| JPMorgan Chase & Co. | Banks | US |
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The STOXX Global 1800 index gained 7.9% in dollars last month, its best monthly showing since November 2020. The index is still down 14.4% in 2022.
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The STOXX Global 1800 index rose 0.1% in dollars last month, paring an earlier decline of as much as 5.6%. Value and high-dividend stocks rise, but most other strategies struggle as investors contend with the prospect of higher interest rates.
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The STOXX Global 1800 index rose 2.7% in dollars last month, with basic-resources and energy companies leading gains for a second consecutive month. The benchmark is still down 5.5% for 2022.
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The STOXX Global 1800 index fell 2.6% in dollars last month, with only basic-resources and energy companies posting a positive return among 20 sectors. Climate indices struggle to match benchmark returns, while factor, dividend and minimum-variance strategies outperform.
Stocks tumble in January amid expectations of higher US rates
The STOXX Global 1800 index fell 5.5% in dollars and 4.1% in euros last month, the worst January since 2016, as investors assessed the potential impact of interest-rate hikes by the Federal Reserve. US, Momentum and Quality shares led losses, while dividend and Value stocks appeared as relative winners.
