NXS High Dividend Europe Equity Excess Return Index
Performance & Volatility
| Accumulated performance | Volatility | |
|---|---|---|
| Intraday | n/a | n/a |
| 1m | n/a | n/a |
| 3m | n/a | n/a |
| ytd | n/a | n/a |
| 1y | n/a | n/a |
| 3y | n/a | n/a |
| 5y | n/a | n/a |
Last valuation date: 26/05/2021
Risk / Return from: 01/08/2002
| Annualized return | n/a |
| Volatility | n/a |
| Information ratio | n/a |
| Max Drawdown | n/a |
All information for an index prior to its Inception Date is back-tested, based on the methodology that was in effect on the Inception Date. Back-tested performance, which is hypothetical and not actual performance, is subject to inherent limitations because it reflects application of an Index methodology and selection of index constituents in hindsight. No theoretical approach can take into account all of the factors in the markets in general and the impact of decisions that might have been made during the actual operation of an index. Actual returns may differ from, and be lower than, back-tested returns.
The key elements of the index methodology are available upon demand.
Main Characteristics
Index level
837.92
Category
Risk Premia
Asset Class
Equity
Geographical Area
Europe
Currency
EUR
Bloomberg Ticker
NXSHHIDE
Weighting Method
Return
Excess Return
Inception
01/08/2002
Sponsor
Calculation Agent
The NXS High Dividend Europe Equity Excess Return Index is a dynamic strategy index with exposure to a basket of European liquid and marketable stocks offering high dividends, combined with a continuous hedge on the Eurostoxx 50® Index.
The aim of the index is to gain access to a basket of European stocks with high dividends.
With a selection of companies paying high dividends, the aim is to offer a stock selection combining performance and low volatility. With this process, the stock selection relates to companies with high dividends.
The aim of the risk management process included in the Index is to reduce sensitivity to market movements and offer performance stability. Within the NXS High Dividend Europe Equity Excess Return Index, the exposure to the stock selection is combined with a continuous hedge on the Eurostoxx 50® indexthat aims to Betaneutralise the sensitivity to the price movements of the benchmark.
With a selection of companies paying high dividends, the aim is to offer a portfolio combining performance and low volatility. With this process, the selection relates to companies with high dividends.
Companies that regularly pay high dividends are generally in sound financial health. These groups are defensive and operate in noncyclical sectors.
Moreover, academic research has shown a close correlation between dividend growth and the market performance of a stock. Also, the historical performance of a dividend index can be substantially improved by adding filters for low-volatility components.
