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BENCHMARK INDICES
STOXX Saudi Arabia Mid Cap
Index Description
The STOXX Saudi Arabia Mid Cap Index is a broad market cap weighted index designed to represent the performance of the Mid Cap companies from Saudi Arabia covering approximately 15% of investable market capitalization. STOXX Saudi Arabia Mid Cap Index is suitable for global investment products which include funds, exchange traded funds, and derivatives and can also be used for further building block approach strategies when appropriate. It follows a robust and modular framework which enables investors to utilize this index for a variety of investment objectives whilst using a consistent approach. It is derived from STOXX World Equity Index series and its countries follow the STOXX World Country Classification Framework.
Key facts
- Broad, yet liquid coverage of Mid cap companies that supports clients' global investment decisions whilst avoiding home biases.
- A consistent and transparent methodology which fully embraces global standards of governance.
- Can serve as a basis for numerous derived strategies.
- Constructed using STOXX World Methodology.
- Its countries follow the STOXX World Country classification framework.
Descriptive Statistics
Index | Market Cap (USD bn) | Components (USD bn) | Component weight (%) | Turnover (%) | |||||
---|---|---|---|---|---|---|---|---|---|
Full | Free-float | Mean | Median | Largest | Smallest | Largest | Smallest | Last 12 monts | |
STOXX Saudi Arabia Mid Cap | 95.5 | 46.0 | 1.9 | 1.8 | 4.4 | 0.6 | 9.5 | 1.3 | 31.0 |
STOXX Emerging Markets Mid Cap | 2,995.6 | 1,517.2 | 1.2 | 0.5 | 13.8 | 0.0 | 0.9 | 0.0 | 24.1 |
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 | |
STOXX Saudi Arabia Mid Cap | 2.6 | 12.3 | 26.1 | N/A | N/A | N/A | N/A | 26.3 | N/A | N/A |
STOXX Emerging Markets Mid Cap | 0.2 | 1.6 | 17.7 | -2.5 | 21.6 | N/A | N/A | 17.7 | -0.8 | 4.0 |
Index volatility and risk | Annualized volatility (%) | Annualized Sharpe ratio2 | ||||||||
STOXX Saudi Arabia Mid Cap | N/A | N/A | 13.5 | 15.4 | 15.4 | N/A | N/A | 1.4 | 0.5 | 0.5 |
STOXX Emerging Markets Mid Cap | N/A | N/A | 10.4 | 13.7 | 16.2 | N/A | N/A | 1.2 | -0.2 | 0.2 |
Index to benchmark | Correlation | Tracking error (%) | ||||||||
STOXX Saudi Arabia Mid Cap | -0.1 | 0.0 | 0.2 | 0.3 | 0.3 | 15.4 | 16.8 | 15.0 | 16.7 | 16.7 |
Index to benchmark | Beta | Annualized information ratio | ||||||||
STOXX Saudi Arabia Mid Cap | -0.2 | 0.0 | 0.3 | 0.3 | 0.2 | 1.9 | 2.4 | 0.4 | -0.2 | -0.2 |
1For information on data calculation, please refer to STOXX calculation reference guide
2Based on EURIBOR1M
(USD, Gross Return), all data as of March 29, 2024
BENCHMARK INDICES
STOXX Saudi Arabia Mid Cap
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 | ||
STOXX Saudi Arabia Mid Cap | 57.7 | 29.8 | 30.0 | 30.0 | 2.5 | 3.2 | 2.5 | 20.8 |
STOXX Emerging Markets Mid Cap | 19.0 | 15.1 | 14.6 | 14.6 | 1.5 | 2.9 | 0.8 | 38.4 |
Performance and annual returns
Methodology
The STOXX Saudi Arabia Mid Cap Index is a broad market cap weighted index designed to represent the performance of the Mid Cap companies from Saudi Arabia covering approximately 15% of investable market capitalization. STOXX Saudi Arabia Mid Cap Index is suitable for global investment products which include funds, exchange traded funds, and derivatives and can also be used for further building block approach strategies when appropriate. It follows a robust and modular framework which enables investors to utilize this index for a variety of investment objectives whilst using a consistent approach. It is derived from STOXX World Equity Index series and its countries follow the STOXX World Country Classification Framework.
Index | ISIN | Symbol | Bloomberg | Reuters |
---|---|---|---|---|
Net Return EUR | CH1169658171 | SWSAMCR | .SWSAMCR | |
Price EUR | CH1169658197 | SWSAMCP | .SWSAMCP | |
Gross Return EUR | CH1169658189 | SWSAMCGR | .SWSAMCGR | |
Gross Return USD | CH1169658155 | SWSAMCGV | .SWSAMCGV | |
Price USD | CH1169658163 | SWSAMCL | .SWSAMCL | |
Net Return USD | CH1169658148 | SWSAMCV | .SWSAMCV |
Quick Facts
Weighting | Free-float market capitalization |
Cap Factor | N/A |
No. of components | Variable |
Review frequency | Semi Annual |
Calculation/distribution | Realtime 15 sec |
Calculation hours | 00:00:00 22:15:00 |
Base value/base date | 1000 as of September. 19, 2022 |
History | Available from Sep. 19, 2022 |
Inception date | November. 16, 2022 |
To learn more about the inception date, the currency, the calculation hours and historical values, please see our data vendor code sheet. |
BENCHMARK INDICES
STOXX Saudi Arabia Mid Cap
Top 10 Components4
Company | Supersector | Country | Weight |
---|---|---|---|
BUPA ARABIA FOR COOPIN | Insurance | Saudi Arabia | 9.491% |
SAUDI TADAWUL GROUP | Financial Services | Saudi Arabia | 7.459% |
SAVOLA GROUP | Food, Beverage and Tobacco | Saudi Arabia | 6.609% |
MOUWASAT MEDICAL SVS | Health Care | Saudi Arabia | 5.639% |
SAUDI RESEARCH AND MEDIA GROUP | Media | Saudi Arabia | 5.365% |
SAUDI ARAMCO BASE OIL COMPANY | Energy | Saudi Arabia | 4.909% |
YANBU NATPETROCH | Chemicals | Saudi Arabia | 4.817% |
SAHARA INTL PETROCH | Chemicals | Saudi Arabia | 4.688% |
THE COMPANY FOR COOPIN | Insurance | Saudi Arabia | 4.640% |
NAHDI MEDICAL | Personal Care, Drug and Grocery Stores | Saudi Arabia | 4.458% |
3Net dividend yield is calculated as net return index return minus price index return
4Based on the composition as of March 29, 2024