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THEME INDICES

iSTOXX Global 5G & NexGen Telecommunication Components

Index Description

The iSTOXX Global NexGen Communication Innovative Technology Index is comprised of companies that stand to benefit from the continuous technological advancement in the telecommunications industry. The index focuses specifically on companies providing the network equipment, infrastructure and semiconductors required for the rollout of telecommunications services. The index selects profitable companies that derive significant revenues from 32 sectors associated with the innovative communications technology theme, based on FactSet Revere (RBICS) data. Companies with the lowest investments in research and development are excluded, as are those that fail to meet thresholds of size and liquidity. Final selection into the index is determined by company size. The investment universe consists of all stocks in France, Germany, Japan, Netherlands, South Korea, United Kingdom, United States, Hong Kong and Taiwan. Also included are China A shares listed in Shanghai/Shenzhen that are participants of the Stock Connect Program, as well as Chinese ADRs and so-called P Chips, Red Chips and H-Shares. The index is free-float market-capitalization-weighted with weight caps, and has a maximum constituency number of 100.

Key facts

  • Index allows targeted investment in the NextGen Communication Innovative Technology theme
  • Detailed FactSet Revere (RBIC) data helps identify and select companies with a revenue exposure above 30% to sectors linked to the theme
  • Liquidity filter ensures replicability
  • Profitability screen strengthen investment proposal
  • Filter based on R&D expenses filters out companies that are not investing in innovation
  • Index integrates caps on security level and on China A securities

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 5G & NexGen Telecommunication Components 1,585.2 1,369.2 13.7 3.5 102.8 0.9 7.5 0.1 27.0
STOXX Global Total Market 89,697.4 76,217.8 6.3 0.6 2,895.3 0.0 3.8 0.0 2.7

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
iSTOXX Global 5G & NexGen Telecommunication Components 2.9 13.2 28.2 25.7 137.2 N/A N/A 28.7 8.0 19.0
STOXX Global Total Market 3.1 9.9 22.2 26.2 59.6 N/A N/A 22.7 8.2 9.9
Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2
iSTOXX Global 5G & NexGen Telecommunication Components N/A N/A 15.6 18.4 20.0 N/A N/A 1.3 0.3 0.8
STOXX Global Total Market N/A N/A 9.5 13.1 16.8 N/A N/A 1.9 0.5 0.5
Index to benchmark Correlation Tracking error (%)
iSTOXX Global 5G & NexGen Telecommunication Components 0.7 0.7 0.7 0.7 0.8 13.0 13.3 11.4 12.9 13.1
Index to benchmark Beta Annualized information ratio
iSTOXX Global 5G & NexGen Telecommunication Components 1.4 1.4 1.1 1.0 0.9 -0.2 0.9 0.3 -0.1 0.6

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

2Based on EURIBOR1M

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

THEME INDICES

iSTOXX Global 5G & NexGen Telecommunication Components

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 5G & NexGen Telecommunication Components 27.0 24.0 26.9 26.9 4.1 2.3 3.4 34.5
STOXX Global Total Market 26.1 18.7 20.1 20.1 2.8 2.0 1.7 2.8

Performance and annual returns

Methodology

The parent universe consists of companies from a combination of STOXX Country Total Market indices: France, Germany, Japan, Netherlands, South Korea, United Kingdom, United States, Hong Kong, Taiwan and China (ADRs, P chips, Red Chips, H Shares and A Shares that are accessible through Stock Connect).


Only companies with revenue exposure of more than 30% to the sectors associated with the theme are selected. FactSet Revere (RBICS) data allow a detailed breakdown of the revenue sources of the eligible companies, helping this index to select companies with substantial exposure to the theme.


Illiquid stocks are excluded, alongside companies with negative ROE and/or EPS in the last year. Companies with the lowest investments in R&D are then also excluded. Finally, the 100 remaining companies with the highest free-float market capitalization are selected for inclusion in the index. The index is weighted proportionally to the free-float market capitalization of the selected stocks with caps.

The detailed methodology can be found in our rulebooks: www.stoxx.com/rulebooks

Versions and symbols

Index ISIN Symbol Bloomberg Reuters
Gross Return EUR CH0521174521 IXNGCITG .IXNGCITG
Price EUR CH0521174505 IXNGCITP .IXNGCITP
Net Return EUR CH0521174513 IXNGCITN .IXNGCITN
Net Return USD CH0521174547 IXNGCITV IXNGCITV INDEX .IXNGCITV
Gross Return USD CH0521174554 IXNGCITU IXNGCITU INDEX .IXNGCITU
Price USD CH0521174539 IXNGCITL IXNGCITL INDEX .IXNGCITL

Quick Facts

Weighting Free-float market cap
Cap Factor 6% per component, 10% for total weight in China A
No. of components minimum 50, maximum 100 components
Review frequency annually in September
Calculation/distribution realtime 15 sec
Calculation hours 00:00:01 22:15:00
Base value/base date 100 as of Sep. 18, 2015
History Available since Sep. 19, 2015
Inception date Jan. 31, 2020
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.

THEME INDICES

iSTOXX Global 5G & NexGen Telecommunication Components

Top 10 Components4

Company Supersector Country Weight
Qualcomm Inc. Technology USA 7.508%
ASML HLDG Technology Netherlands 7.094%
Lam Research Corp. Technology USA 6.712%
TSMC Technology Taiwan 6.698%
Applied Materials Inc. Technology USA 6.497%
Tokyo Electron Ltd. Technology Japan 6.129%
Shin-Etsu Chemical Co. Ltd. Chemicals Japan 5.909%
MediaTek Inc Technology Taiwan 3.921%
TE CONNECTIVITY LTD. Technology USA 3.039%
INFINEON TECHNOLOGIES Technology Germany 3.006%

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.