Amundi DivDax II UCITS ETF Dist (E903.DE)
Company overview
The Amundi DivDAX II UCITS ETF is a UCITS-compliant exchange-traded fund engineered to replicate the performance of the DivDAX Total Return Index. This benchmark, compiled by Deutsche Börse AG, selects the fifteen companies from Germany's flagship DAX index that exhibit the highest dividend yields. A stock's dividend yield is determined by dividing the dividend distributed by its closing price on the day preceding the payout. The index components are weighted according to their free-float market capitalization, with an individual stock's maximum weighting capped at 10%. These weightings are rebalanced quarterly, and the index composition itself undergoes an annual review in September. The DivDAX Total Return Index was inaugurated on September 20, 1999, with an initial value set at 100 points.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Amundi DivDax II UCITS ETF Dist (E903.DE)
No price history available.
The Amundi DivDAX II UCITS ETF is a UCITS-compliant exchange-traded fund engineered to replicate the performance of the DivDAX Total Return Index. This benchmark, compiled by Deutsche Börse AG, selects the fifteen companies from Germany's flagship DAX index that exhibit the highest dividend yields. A stock's dividend yield is determined by dividing the dividend distributed by its closing price on the day preceding the payout. The index components are weighted according to their free-float market capitalization, with an individual stock's maximum weighting capped at 10%. These weightings are rebalanced quarterly, and the index composition itself undergoes an annual review in September. The DivDAX Total Return Index was inaugurated on September 20, 1999, with an initial value set at 100 points.
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