EURO STOXX 50 Index
What Is the EURO STOXX 50 Index?
The EURO STOXX 50 Index is a market capitalization- weighted stock index of 50 large, blue-chip European companies operating inside eurozone nations. Components are chosen from the EURO STOXX Index, which incorporates large-, mid-, and small-cap stocks in the eurozone.
Figuring out the EURO STOXX 50 Index
The EURO STOXX 50 Index is managed and licensed by STOXX Limited which gives indexes addressing equity market investments from one side of the planet to the other. The EURO STOXX 50 Index incorporates the eurozone's 50 largest companies by market cap.
STOXX Limited is owned by Deutsche B\u00f6rse AG. It has been managing and licensing indexes starting around 1998. The EURO STOXX 50 Index was among the main STOXX indexes sent off in 1998. The company has widened its offerings substantially since its send off which zeroed in on European stock indexes. It presently offers indexes addressing practically every country and region of the world. Asset classes incorporate equity, fixed income, and currency. It likewise offers indexes by sector, factor, strategy, and topic.
ASML Holding NV, LVMH Mo\u00ebt Hennessy Louis Vuitton, and Linde plc are the greatest holdings in the EURO STOXX 50 as of Oct. 30, 2020, addressing almost 16% of the index.
EURO STOXX 50 Composition and Methodology
The EURO STOXX 50 Index remembers the largest 50 stocks for the eurozone consequently looked over the EURO STOXX Index by market capitalization. For inclusion in the EURO STOXX Index, companies must be an eurozone member country. The EURO STOXX Index incorporates companies of all market capitalization levels from Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, and Spain.
The EURO STOXX 50 Index ordinarily addresses around 60% of the EURO STOXX Index. The EURO STOXX 50 Index is surveyed every year in September for any index component changes.
As of October 30, 2020, the best ten components in the EURO STOXX 50 Index incorporated the following:
- ASML Holding NV
- LVMH Mo\u00ebt Hennessy Louis Vuitton
- Linde plc
- SAP SE
- Sanofi SA
- Siemens AG
- Total SE
- L'Or\u00e9al SA
- Unilever NV
- Allianz SE
There are EURO STOXX 50 sub-indexes for the following individual countries: France, Germany, Italy, the Netherlands, and Spain. Each sub-index incorporates EURO STOXX 50 stocks from that specific country.
EURO STOXX 50 Index Funds
The EURO STOXX 50 Index is a leading market index for investors seeking to follow the eurozone's largest equity stock investments. Practically all of the passive index funds in the investment market that track the EURO STOXX 50 Index are exchange-traded funds (ETFs). One of the largest and generally well known for investors is the SPDR EURO STOXX 50 ETF (FEZ). The SPDR EURO STOXX 50 ETF has $1.87 billion in assets under management, as of Nov. 24, 2020. The ETF has been accessible to investors since October 2002.
FEZ trades at $40.46 with an expense ratio of 0.29%. As of Oct. 31, 2020, FEZ had one-year, three-year, and five-year market value returns of - 12.47%, - 4.45%, and 1.10%, individually.
Different funds accessible for investors seeking to follow the EURO STOXX 50 Index incorporate the iShares EURO STOXX 50 UCITS ETF and the Xtrackers EURO STOXX 50 UCITS ETF.
- The index holds stocks from nine eurozone countries: Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, and Spain.
- The EURO STOXX 50 is managed and licensed by STOXX Limited, which is owned by Deutsche B\u00f6rse AG.
- The EURO STOXX 50 index is a blue-chip index intended to address the 50 largest companies in the eurozone.