The Dow Jones EURO Stoxx 50 Index is weighted by float-adjusted market capitalization, and each component’s weight is capped at 10% of the index’s total free-float market capitalization. The index captures approximately 60% of the free-float market capitalization of the Dow Jones EURO Stoxx TMI index.
Hartmut Graf, CEO of Stoxx, said: “The Dow Jones EURO Stoxx 50 Index is Europe’s most favored equity index because it avoids currency risk by only including euro zone countries. This, as well as its liquidity, transparency and rules based methodology makes the index an ideal tool to participate in the performance of the 50 biggest companies in the euro zone.
Stoxx, a joint venture between Deutsche Boerse Group and Six Swiss Exchange, was aunched in 1998, in advance of the completion of the European Economic and Monetary Union, the introduction of the Euro and the creation of the Eurozone. Known for the flagship indices Dow Jones EURO Stoxx 50, Dow Jones Stoxx 50 and Dow Jones Stoxx 600, Stoxx operates as a global index provider, covering the world markets.
