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STOXX Limited, a global index provider and creator of the leading European equity indices, celebrates the 10th anniversary of European exchange traded-funds (ETFs). The two first ETFs launched in Europe were based on the EURO STOXX 50 and STOXX Europe 50 indices and were listed on Deutsche Börse's Xetra platform on April 11, 2000.
"STOXX would like to congratulate the European ETF issuers on a decade of constant growth and success," said Hartmut Graf, chief executive officer, STOXX Ltd. "We believe that STOXX has notably contributed to the growth of the ETF market in Europe with the constant development of innovative and sophisticated index concepts, which are the basis for successful ETFs. The latest example for this is the launch of the STOXX Europe 600 Optimised Market Quartile Indices, which are already used as the basis for four new ETFs."
The STOXX Indices have become the standard underlying for European index-based investments such as ETFs, futures & options and structured products, as well as passively managed investment funds. Currently, there are 219 ETFs - including the top three ETFs in Europe by assets under management - based on STOXX Indices. 30 percent of all European assets under management are invested into ETFs based on STOXX Indices. Options on the EURO STOXX 50 Index show the highest open interest in Europe and the third highest worldwide.
Facts & Figures:
- April 11, 2000: The first two ETFs in Europe are based on the EURO STOXX
50 and STOXX Europe 50 indices. They are part of Merrill Lynch's LDRS-
product line (today part of BlackRock's iShares ETF portfolio).
- At the end of December 2000, 3 out of a total of 6 ETFs listed in Europe
are based on STOXX Indices. At the end of December 2009, 215 out of
approximately 650 equity ETFs are based on STOXX Indices.
- At the end of December 2000, 0.51 billion Euro are invested into ETFs
based on STOXX Indices. At the end of December 2009, AUM are 35.5 billion
Euro - which equals over 30% of all AUM in Europe. No other equity index
provider has a similarly large market share.
- At the end of December 2009 nineteen ETFs based on the EURO STOXX 50 are
listed in Europe.
- In 2001, the first nine sector ETFs in Europe are based on the STOXX
Europe 600 Supersector Indices. At the end of December 2009, there are130
sector ETFs based on STOXX Indices listed in Europe.
- In April 2005, STOXX launches the STOXX Select Dividend Indices, the first
European index family selected by dividend yield. The first ETFs on these
indices are listed on Deutsche Börse later that year.
- In April 2005, STOXX also launches the VSTOXX, the first index to track
volatility in the euro zone. This index is the first part of the STOXX
Strategy Index Family, which today consists of the EURO STOXX 50 Daily Short
and Daily Leverage Indices, the EURO STOXX 50 BuyWrite Index, the EURO STOXX
50 PutWrite Index, the EURO STOXX 50 Daily Double Short Index, the STOXX
Europe 600 Daily Double Short Index, the 19 STOXX Europe 600 Supersector
Daily Short Indices and the VSTOXX.
- At the end of December 2009, 25 ETFs based on STOXX Strategy Indices are
listed in Europe.
- In July 2009, STOXX launches the STOXX Europe 600 Optimised Supersector Indices, the first European sector indices to take into account the ability to borrow a stock in their index methodology. Source issues ETFs on 18 of the 19 new indices, which reach record AUMs in a very short time. At the end of 2009, 981.6 million Euro are invested into these ETFs.
Please visit www.stoxx.com for further information on the STOXX Indices.
