The iSTOXX Global Profitability Select 30 Index is comprised of 30 profitable, liquid stocks with low volatility and high dividend yields.
The stocks from the STOXX Global 1800 index are ranked based on four profitability metrics and the most profitable ones per industry are eligible for selection. The four profitability metrics are the Return on Assets, the Operating Cash Flow to Total Assets ratio, the Change in Return on Assets and the Negative Accruals. The final index screens select stocks with the lowest volatilities and highest dividend yields.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Top 10 Components
|DBS Group Holdings Ltd.||Banks||SG|
|Coles Group||Personal Care, Drug and Grocery Stores||AU|
|Japan Tobacco Inc.||Food, Beverage and Tobacco||JP|
|Manulife Financial Corp.||Insurance||CA|
|IMPERIAL BRANDS||Food, Beverage and Tobacco||GB|
|POWER ASSETS HOLDINGS LTD||Utilities||HK|
|Altria Group Inc.||Food, Beverage and Tobacco||US|
|ASR NEDERLAND NV||Insurance||NL|