The STOXX Japan Select 50 JPY Index captures the performance of liquid stocks with low volatility and high dividends from the STOXX Japan 600 Index.
The component selection process first excludes all stocks whose 3- or 12-month historical volatilities are the highest. Among the remaining stocks, the 50 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
|Takeda Pharmaceutical Co. Ltd.||Health Care||JP|
|Haseko Corp.||Consumer Products and Services||JP|
|KAKEN PHARMACEUTICAL||Health Care||JP|
|NTT URBAN DEV. ASSET MGT.||Real Estate||JP|
|OKUMURA||Construction and Materials||JP|
|FRONTIER RLST.INV.||Real Estate||JP|
|Japan Tobacco Inc.||Food, Beverage and Tobacco||JP|
|Daiwa Securities Living Inves.||Real Estate||JP|
|DAIWA HOUSE REIT INVESTMENT||Real Estate||JP|