Summary
Traditional equity indices bundle companies based on their country of domicile and primary listing, regardless of where the selected companies generate their revenues. In the absence of such consideration, the outcome is overlaps in regional revenue exposure among indices. Viewed in a portfolio context, revenue overlaps among portfolio constituents increase correlations between indices. STOXX TRU Indices take into account each company's revenue exposure to single countries in the selection process and focus on companies that generate all or a significant portion of their revenues in targeted countries or regions.
This enables STOXX TRU Indices to offer similar levels of volatility but significantly lower correlations. Viewed in a portfolio context, a combination of STOXX TRU indices is therefore found to increase portfolio efficiency, i.e. to offer more return per unit of risk taken compared to the use of traditional equity indices.
This enables STOXX TRU Indices to offer similar levels of volatility but significantly lower correlations. Viewed in a portfolio context, a combination of STOXX TRU indices is therefore found to increase portfolio efficiency, i.e. to offer more return per unit of risk taken compared to the use of traditional equity indices.
Index Guides, Benchmark statement, and other reports are available under the Data tab.
Details
Symbol
SXTRUKMI
Calculation
End-of-day
Dissemination Period
18:00-18:00 CET
ISIN
CH0283326434
Last Value
210.42
+0.38 (+0.18%)
As of CET
Week to Week Change
0.85%
52 Week Change
9.78%
Year to Date Change
1.19%
Daily Low
208.65
Daily High
208.65
52 Week Low
177.68 — 27 Oct 2023
52 Week High
210.42 — 28 Mar 2024
Top 10 Components
| NATWEST GROUP | GB |
| BARCLAYS | GB |
| LLOYDS BANKING GRP | GB |
| TESCO | GB |
| SCOTTISH & SOUTHERN ENERGY | GB |
| LEGAL & GENERAL GRP | GB |
| NEXT | GB |
| ADMIRAL GRP | GB |
| SEGRO | GB |
| UNITED UTILITIES GRP | GB |
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High
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