Dow Jones Euro STOXX 50

What Is the Dow Jones Euro STOXX 50?

The Dow Jones Euro STOXX 50 is a stock index that addresses 50 of the largest companies in Europe in view of market capitalization. The index, first reported in 1998, is reconstituted every year, and weightings are adjusted quarterly to account for proportional changes in underlying company market caps.

Figuring out Dow Jones STOXX 50

The Dow Jones STOXX 50 is chosen from a stock universe that is an aggregate of the 18 Dow Jones STOXX 600 Supersector indices. The index captures around 60% of the free-float market cap of the EURO STOXX Total Market Index (TMI) for 12 European countries. Each sub-index puts its largest members on a selection list, which is then positioned by market cap to pick the STOXX 50 members.

The Dow Jones STOXX 50 index closely looks like the Dow Jones EURO STOXX 50 in methodology and construction, with the exception that it doesn't limit company selection to organizations that have completely changed to the euro currency.

The index limits the weighting of any one member to 10%, yet no sector limitations are applied to the index's construction. Thusly, banking companies overwhelm the STOXX 50. The index is intended to capture blue chip companies in the region, so the average weighted market cap is large.

EURO STOXX 50

The EURO STOXX 50 is a stock index of Eurozone stocks planned by STOXX, an index provider owned by Deutsche B\u00f6rse Group. As per STOXX, its goal is "to give a blue-chip representation of supersector leaders in the Eurozone." It is comprised of 50 of the largest and most liquid stocks.

The EURO STOXX 50 Index is derived from the 19 EURO STOXX regional supersector indices and addresses the largest supersector leaders in the Eurozone in terms of free-float market capitalization. The index captures around 60% of the free-float market capitalization of the EURO STOXX Total Market Index, which thusly covers around 95% of the free-float market capitalization of the addressed countries.

STOXX

STOXX Limited is a globally integrated index provider. The provider covers the world markets across all asset classes — creating, keeping up with, distributing, and marketing a far reaching global family of rigorously leads based and transparent indices. STOXX is an entirely owned subsidiary of Deutsche B\u00f6rse Group. STOXX works out in excess of 7,500 indices and acts as the marketing agent for Deutsche B\u00f6rse indices like DAX.

STOXX indices are licensed to financial institutions and different users for use with exchange-traded funds (ETFs), mutual funds, futures, options, structured products, and different purposes.

Features

• The index captures around 60% of the free-float market cap of the EURO STOXX Total Market Index (TMI) for 12 European countries.
• The Dow Jones Euro STOXX 50 is a stock index that addresses 50 of the largest companies in Europe in view of market capitalization.
• The index is reconstituted every year, and weightings are adjusted quarterly.
• The Dow Jones Euro STOXX 50 is chosen from an aggregate of the 18 Dow Jones STOXX 600 Supersector indices.