NXS European Sovereignty Fixed Selection VT Index
Performance & Volatility
| Intraday | 1m | 3m | ytd | 1y | 3y | 5y | |
|---|---|---|---|---|---|---|---|
| Accumulated performance | 0.29% | -0.44% | -0.43% | 1.89% | 3.89% | 14.69% | 19.82% |
| Volatility | n/a | 4.44% | 4.40% | 5.24% | 5.04% | 4.92% | 4.92% |
| Accumulated performance | Volatility | |
|---|---|---|
| Intraday | 0.29% | n/a |
| 1m | -0.44% | 4.44% |
| 3m | -0.43% | 4.40% |
| ytd | 1.89% | 5.24% |
| 1y | 3.89% | 5.04% |
| 3y | 14.69% | 4.92% |
| 5y | 19.82% | 4.92% |
Last valuation date : 08/09/2025
Risk / Return from : 29/03/2006
| Annualized return | Volatility | Information ratio | Max |
|---|---|---|---|
| 2.03% | 4.90% | 0.41 | -17.45% |
| Annualized return | 2.03% |
| Volatility | 4.90% |
| Information ratio | 0.41 |
| Max Drawdown | -17.45% |
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
1,478.40
Category
Thematic
Asset Class
Funds & ETFs
Geographical Area
Eurozone
Currency
EUR
Bloomberg Ticker
NXSHSOVT
Weighting Method
Equally weighted
Return
Excess Return
Inception
13/08/2025
Sponsor
Calculation Agent
The NXS European Sovereignty Fixed Selection VT Index aims to represent the performance of the NXS European Sovereignty Fixed Selection Index while targeting an annualized volatility of 5%. The NXS European Sovereignty Fixed Selection Index is composed of 20 European companies selected for their involvement in European sovereignty. The index is calculated with all net dividends reinvested.
The index employs a dynamic risk management strategy that adjusts its allocation based on the volatility of the Basket of Stocks. When realized volatility exceeds 5.00%, indicating increased market risk, the allocation to the Basket of Stocks is reduced, and assets are shifted to cash. In contrast, when risk levels are low (realized volatility below 5.00%), allocation to the Basket of Stocks is up to a maximum of 100%.
The world we live in is changing at an unprecedented pace. The succession of crises over the past few years has highlighted the importance of European strategic autonomy. Autonomy is neither autarky, nor protectionism, nor self-sufficiency: it is simply the reduction and strategic selection of dependencies in terms of supply.
The companies selected help to strengthen European strategic autonomy in the following industries, allowing Europe to regain its sovereignty by investing in companies in these areas: Energy, Materials, Industrial manufacturing, Defense, and Banking.
To identify companies with the highest degrees of strategic importance in these sectors, Vélite’s sovereignty-focused barometer for CAC 40 companies is used. Their methodology includes three dimensions based on five main indicators.
| Name | Ticker Bloomberg | Sector (ICB) |
| Akzo Nobel | AKZA NA | Chemicals |
| ArcelorMittal | MT NA | Basic Resources |
| ASML Holding | ASML NA | Technology |
| BE Semiconductor Industries | BESI NA | Technology |
| BNP Paribas | BNP FP | Banks |
| Saint-Gobain | SGO FP | Construction and Materials |
| Michelin | ML FP | Automobiles and Parts |
| Crédit Agricole | ACA FP | Banks |
| Enel SpA | ENEL IM | Utilities |
| Infineon Technologies | IFX GY | Technology |
| Prysmian | PRY IM | Industrial Goods and Services |
| Renault | RNO FP | Automobiles and Parts |
| Safran | SAF FP | Industrial Goods and Services |
| Sanofi | SAN FP | Health Care |
| Schneider Electric | SU FP | Industrial Goods and Services |
| Siemens | SIE GY | Industrial Goods and Services |
| Siemens Energy | ENR GY | Energy |
| Stellantis | STLAP FP | Automobiles and Parts |
| STMicroelectronics | STMPA FP | Technology |
| UniCredit | UCG IM | Banks |
