A stock index that measures the financial performance of leading European companies as measured by their sustainability practices. The stock universe is the Dow Jones STOXX 600 Index, which captures more than 90% of the aggregate market cap of European-based companies. The STOXX Sustainability Index contains the top 20% of these companies in terms of their aggregate sustainability score as obtained by SAM Group, a Zurich-based research firm. The free float market capitalization-weighted index is reviewed both annually and quarterly; the quarterly reviews focus on share counts and weightings while the annual review incorporates the most recent sustainability scores and industry evaluations. Taobiz explains Dow Jones STOXX Sustainability Index The sustainability indexes aim to capture companies on the leading edge of sustainability practice/reform; the sustainability score that each company receives is based on an intricate weighting system that examines company actions regarding things such as corporate governance, environmental performance, energy efficiency and climate change strategies. The focus of the research (and related company score) is more on long-term sustainability than on short-term company benefits, so the financial performance of the index may underperform other benchmarks such as the Dow Jones STOXX 600 and MSCI Europe Indexes. The index was first published in 2001, and in addition to the base index there are specialized sub-indexes that exclude industries such as alcohol, tobacco, firearms and gambling.
The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the Nasdaq. The DJIA was invented by Charles Dow back in 1896. Taobiz explains Dow Jones Industrial Average - DJIA Often referred to as "the Dow", the DJIA is the oldest and single most watched index in the world. The DJIA includes companies like General Electric, Disney, Exxon and Microsoft. When the TV networks say "the market is up today", they are generally referring to the Dow.
The aggregate dividend yield on the 30 stocks that make up the Dow Jones Industrial Average. The DJIA yield is calculated by adding the dividends of all 30 component stocks, dividing the result by the price-weighted DJIA index value and factoring in the Dow multiplier. Generally, the DJIA yield is used as a trading indicator by investors, as yields below 3% are considered a selling signal and yields above 6% are considered a buying signal. Taobiz explains Dow Jones Industrial Average (DJIA) Yield The trading indicator function of the DJIA yield has not held form in the most recent bull market period, as the DJIA Yield has remained below 3% since the early 1990s. The gradual downtrend in yields found in the DJIA tends to reflect the change in company mix. The DJIA is no longer a purely industrial index; today's DJIA contains healthcare, technology and financial companies, which traditionally pay lower dividend rates than mature, industrial-based stocks.
A market-capitalization weighted index maintained by Dow Jones Indexes that is the large-cap subset of the Dow Jones Wilshire 5000 Composite Index. The Dow Jones Wilshire Large-Cap Index contains the top 750 companies as measured by market capitalization. Taobiz explains Dow Jones Wilshire Large-Cap Index The Dow Jones Wilshire 5000 Composite Index, also known as the Dow Jones Wilshire 5000 Total Market Index, is the most broadly based U.S. stock index. The index is comprised of four segments of market capitalization, each with a different index association. 1) Dow Jones Wilshire U.S. Large-Cap Index: Stocks ranked 1-750 2) Dow Jones Wilshire U.S. Mid-Cap Index: Stocks ranked 501-1000 3) Dow Jones Wilshire U.S. Small-Cap Index: Stocks ranked 751-2500 4) Dow Jones Wilshire U.S. Micro-Cap Index: Stocks ranked 2501+ The mid-cap index contains stocks from both the small- and large-cap indexes.
The Dow Jones Utility Average is a price-weighted average of 15 utility stocks traded in the United States. The DJUA was started back in 1929. Taobiz explains Dow Jones Utility Average - DJUA The utility average tends to decline when investors expect rising interest rates. Utilities tend to borrow a lot of money and, consequently, are more sensitive to changes in interest rates.
A market-capitalization-weighted index maintained by Dow Jones Indexes providing broad-based coverage of the U.S. stock market. The Dow Jones U.S. Market Index, considered a total market index, represents the top 95% of the U.S. stock market based on market capitalization. Also known as the "Dow Jones U.S. Index". Taobiz explains Dow Jones U.S. Market Index The index will include most stocks except the very smallest and least-liquid U.S. stocks. The Dow Jones large-cap, mid-cap, small-cap, value and growth indexes are constructed from the stock constituents of the Dow Jones U.S. Market Index.
The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States. The average was started back in 1884. Taobiz explains Dow Jones Transportation Average - DJTA This index includes airlines, railways, trucking, and delivery companies.
A global index consisting of the top 10% of the largest stocks in the Dow Jones Global Indexes (which cover more than 2,500 companies) in terms of their sustainability and environmental practices. The index was started in 1999, and is maintained by Dow Jones in conjunction with SAM Group, a Zurich-based research firm that conducts detailed sustainability analyses of thousands of global market-cap leaders each year. Taobiz explains Dow Jones Sustainability World Index The index is weighted based on free-float market capitalization, and changes are made once each year in September based on the newest sustainability scores. Each company represented in the index has its corporate sustainability assessed through an intricate weighting system that looks at economic, environmental and social metrics, as well as industry-specific criteria. Companies are also evaluated each year; those that fail to show consistent progress may be removed from the index. The Dow Jones Sustainability World Index covers dozens of industry groups and has members in more than 20 nations. Because of increased investor appetite for socially-conscious investments and corporate environmental responsibility, the index has been licensed by many private wealth managers to use as a benchmark, and has billions of assets under management pegged to it. Many companies that become members of the index see it as an opportunity to enhance shareholder awareness of environmental efforts and will issue press releases to announce their index membership and tout their environmental sustainability leadership.