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TGET
VanEck Vectors Global Equal Weight UCITS ETF

Index Description

The Solactive Global Equity Index tracks the performance of a selection of the top 250 shares from global developed markets. It is an equally weighted index with a cap of 40% on the regions North America, Europe and Asia. The equity universe of the underlying index consists of all developed countries in one of those three continents.

Index Key Points

Underlying Index
Solactive Global Equity Index GTR (TGLOEI)

Index composition
The index has the followings specifications: 

    • The equity universe of the underlying index consists of all developed countries in one of those three continents.
    • The index tracks the performance of a selection of the top 250 shares from global developed markets. The selection model filters the shares according to a liquidity threshold of EUR 50 million 6-month ADV and includes subsequently the top ranked shares based on free-float adjusted market capitalization. It is an equally weighted index.

Starting with a FactSet Universal Screening:

  • Screen for securities that have a primary listing in one of the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, United Kingdom and United States.
  • Filter out any shares which are not ordinary, preferred or Depositary Receipts.
  • Filter out any Limited Partnerships.
  • Remove all securities with a 6-month ADV (as sourced from FactSet) below EUR 50 million.
  • Remove any security primary listed in Hong Kong and which derives more than 75% of its revenues outside the 24 countries mentioned above.
  • For each company keep only the most liquid share line and most liquid listing.
  • The index is reviewed annually on the third Tuesday of March.

 

Index Provider

Solactive

 

Download Index Methodology

Index Information
 

  • Index Provider

    Solactive
  • Index Type

    Total Return
  • Currency

    EUR
  • Inception Date

    01 Feb 2011
  • Reconstitution Frequency

    Annually
  • Bloomberg Ticker

    TGLOEI
  • Reuters Ticker

    .TGETTR

Index Top 10 Constituents (%) as of 30 Apr 2021

Total Constituents: 250
Constituent Name
Ticker
Weightings (%)
Wuxi Biologics Cayman Inc
2269 HK
0.51
United Parcel Service-Cl B
UPS US
0.48
Facebook Inc-Class A
FB US
0.47
American Tower Corp-Cl A
AMT US
0.47
Asml Holding Nv
ASML NA
0.47
Home Depot Inc
HD US
0.47
Nvidia Corp
NVDA US
0.47
Dsv A/S
DSV DC
0.47
Wells Fargo & Co
WFC US
0.46
Tokyo Electron Ltd
8035 JP
0.46
Top 10 Total (%) 4.73
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 30 Apr 2021

  • Country

    Weightings (%)
  • United States

    38.6
  • Japan

    14.4
  • United Kingdom

    7.6
  • France

    7.4
  • Germany

    6.0
  • Switzerland

    5.1
  • Australia

    4.4
  • Netherlands

    2.4
  • Canada

    2.4
  • Spain

    2.0
  • Italy

    1.6
  • Denmark

    1.3
  • Singapore

    1.2
  • Sweden

    1.2
  • South Korea

    1.2
  • China

    0.9
  • Hong Kong

    0.8
  • Belgium

    0.4
  • South Africa

    0.4
  • Finland

    0.4
  • Ireland

    0.4

Index Sector Weightings (%) as of 30 Apr 2021

  • Sector

    Weightings (%)
  • Financials

    19.7
  • Health Care

    14.1
  • Information Technology

    14.0
  • Industrials

    13.1
  • Consumer Discretionary

    11.8
  • Consumer Staples

    8.9
  • Communication Services

    7.6
  • Materials

    4.0
  • Energy

    3.0
  • Utilities

    2.4
  • Real Estate

    1.3