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ISTOXX INDICES

iSTOXX Global Responsible Waste Management Select 30

Index Description

The iSTOXX Global Responsible Waste Management Select 30 Index is comprised of 30 liquid stocks with low volatility and high dividend yield that are selected from a pool of companies that are taking initiatives and implementing strong programmes within their business models towards efficient waste management. Industry and country neutrality filters are applied in the selection process to ensure diversification. Companies that are in contravention of the Global Standards Screening or are involved in Controversial Weapons activities, as identified by Sustainalytics, are excluded. Additionally, companies involved in Weapons (Small Arms and Military Contracting), Gambling, Adult Entertainment, Unconventional Oil & Gas (Arctic Oil and Gas Exploration, Oil Sands and Shale Energy), Conven-tional Oil & Gas, Thermal Coal, Nuclear Power, Tobacco, Aerospace and Defense are also excluded.

Key facts

  • Selection of 30 liquid stocks with low volatility and high dividend yield.
  • Index allows targeted investment in the 'sustainable smart city' megatrend.
  • Detailed Sustainalytics Environmental Key Performance Indicators help select companies with strong programmes ensuring responsible waste management.
  • Liquidity filter ensures replicability.
  • Companies are Global Standards Screening-compliant and are not involved in Controversial Weapons.
  • Product involvement filters are applied to ensure alignment with quality standards for sustainable and socially responsible investing.

Descriptive Statistics

Index Market Cap (EUR bn) Components (EUR bn) Component weight (%) Turnover (%)
Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 monts
iSTOXX Global Responsible Waste Management Select 30 N/A 1.0 0.0 0.0 0.0 0.0 4.8 2.6 189.0
STOXX Global 1800 66,575.9 60,766.7 33.7 11.1 2,895.3 1.1 4.8 0.0 2.9

Risk and return figures1

Index returns Return (%) Annualized return (%)
Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y
iSTOXX Global Responsible Waste Management Select 30 2.2 4.4 1.6 8.4 4.3 N/A N/A 1.6 2.8 0.8
STOXX Global 1800 3.1 10.9 23.5 31.4 67.9 N/A N/A 24.2 9.6 11.0
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Global Responsible Waste Management Select 30 N/A N/A 7.6 8.0 13.6 N/A N/A -0.2 0.2 0.0
STOXX Global 1800 N/A N/A 9.8 13.7 17.3 N/A N/A 2.0 0.6 0.6
Index to benchmark Correlation Tracking error (%)
iSTOXX Global Responsible Waste Management Select 30 0.6 0.4 0.6 0.6 0.8 7.2 8.9 8.3 11.3 11.4
Index to benchmark Beta Annualized information ratio
iSTOXX Global Responsible Waste Management Select 30 0.4 0.3 0.4 0.3 0.6 -1.7 -2.8 -2.5 -0.7 -1.0

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

2Based on EURIBOR1M

(EUR, Price), all data as of March 29, 2024

ISTOXX INDICES

iSTOXX Global Responsible Waste Management Select 30

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
iSTOXX Global Responsible Waste Management Select 30 19.3 13.2 14.9 14.9 1.6 3.3 1.5 15.4
STOXX Global 1800 23.7 19.4 21.8 21.8 3.2 1.9 2.2 2.3

Performance and annual returns

Methodology

The parent index is the STOXX Global 1800. Companies engaged in controversial activities, or non-compliant with the Global Standards Screening, as well as companies which have no sustainable waste management policies implemented within their business model (as assessed by Sustainalytics) are excluded.

Eligible companies are ranked based on their historical dividend yield; those which do not belong to the top x% within their industry are excluded (x being the square root of the number of eligible stocks divided by the target number of stocks, i.e. 30). All remaining stocks are ranked in de-scending order in terms of volatility (based on their 3- or 12-month historical volatility in EUR, whichever is higher). The top x% (30 stocks) are then selected for inclusion, provided the final composition includes no more than 5 companies from the same industry, and country exposure not exceeding that of the STOXX Global 1800 index's corresponding country weight by more than 10%. The constituents are weighted by the inverse of their volatility with a cap at 10%.

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0493856774 IXGRWMSG IXGRWMSG INDEX .IXGRWMSG
Price EUR CH0493856766 IXGRWMSP IXGRWMSP INDEX .IXGRWMSP
Net Return EUR CH0493856733 IXGRWMSN IXGRWMSN INDEX .IXGRWMSN
Gross Return USD CH0493856758 IXGRWMSU .IXGRWMSU
Price USD CH0493856782 IXGRWMSL .IXGRWMSL
Net Return USD CH0493856741 IXGRWMSV .IXGRWMSV

Quick Facts

Weighting Inverse Volatility weighted
Cap Factor 0.1
No. of components 30
Review frequency Quarterly
Calculation/distribution realtime 15 sec
Calculation hours 00:00:00 22:00:00
Base value/base date 100 as of Mar. 19, 2012
History Available from Mar. 19, 2012
Inception date Aug. 28, 2019
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet.

ISTOXX INDICES

iSTOXX Global Responsible Waste Management Select 30

Top 10 Components4

Company Supersector Country Weight
UNILEVER PLC Personal Care, Drug and Grocery Stores UK 4.801%
Oversea-Chinese Banking Corp. Banks Singapore 4.569%
United Overseas Bank Ltd. Banks Singapore 4.386%
ZURICH INSURANCE GROUP Insurance Switzerland 3.880%
Johnson & Johnson Health Care USA 3.614%
Kirin Holdings Co. Ltd. Food, Beverage and Tobacco Japan 3.516%
Bank of Nova Scotia Banks Canada 3.485%
GSK Health Care UK 3.458%
MAPLETREE INDUSTIAL TST Real Estate Singapore 3.426%
POSTE ITALIANE Insurance Italy 3.422%

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

4Based on the composition as of March 29, 2024