The STOXX Emerging Markets Diversification Select 100 USD Index captures the performance of liquid stocks with low correlation, low volatility and high dividends from the STOXX Emerging Markets 1500 Index.
The component selection process first excludes all stocks with the highest 12-months average correlation with all other stocks of the benchmark, then excludes stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 100 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
|RHB BANK BHD||Banks||MY|
|Petronas Gas BHD||Utilities||MY|
|CHAROEN PKPH.ENTER.(TW.)||Food, Beverage and Tobacco||TW|
|CITIC TELECOM INT L HOLDINGS||Telecommunications||CN|
|BNI Tbk PT||Banks||ID|
|SHAI.BAOSIGHT SOFTWARE 'B'||Technology||CN|
|FIBRA DANHOS REIT||Real Estate||MX|
|Bank Rakyat Indonesia||Banks||ID|
|Sime Darby Bhd||Industrial Goods and Services||MY|