The STOXX Asia/Pacific Diversification Select 50 EUR Index captures the performance of stocks with low correlation, low volatility and high dividends from the STOXX Asia/Pacific 600 Index.
The component selection process first excludes all stocks with the highest 12-month average correlation with all other stocks in the benchmark, then excludes 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
|Oversea-Chinese Banking Corp.
|DBS Group Holdings Ltd.
|HKT TRUST & HKT
|United Overseas Bank Ltd.
|POWER ASSETS HOLDINGS LTD
|MAPLETREE INDUSTIAL TST
|SPARK NEW ZEALAND