World Alternative Energy Index

Index level: 1734.65 as of 15/04/2021

Main characteristics

Bloomberg Code WAEX
Inception Date 30/08/2006
Return Type Net Return
Currency EUR
Calculated By Solactive
COMPOSED_BY Robecosam

Objective

The WAEX indices are two benchmarks of the alternative energy sector. The WAEX indices include largest stocks involved in:
- Renewable energy (solar, wind and biomass).
- Energy efficiency (better use of energy generation, which involves industries such as energy meters and supraconductors).
- Decentralized energy supply (power generation in close proximity to the consumer, involving microturbines and fuel cells).

WAEX is an equally weighted benchmark. WAEXcw is a market-cap weighted benchmark, with a cap at 15% so as to maintain an efficient diversification (ie no stock can weight more than 15% in the benchmark). The indices are rebalanced every six months in July and January.

Mechanism

The WAEX indices are two benchmarks of the alternative energy sector. The WAEX indices include largest stocks involved in:- Renewable energy (solar, wind and biomass)- Energy efficiency (better use of energy generation, which involves industries such as energy meters and superconductors)- Decentralized energy supply (power generation in close proximity to the consumer, involving micro turbines and fuel cells)WAEX is an equally weighted benchmark on quarterly basis. WAEXcw is a market-cap weighted benchmark with a cap at 15% so as to maintain an efficient diversification (i.e. no stock can weight more than 15% in the benchmark).The indices are rebalanced every six months in July and January.


The World Alternative Energy Index (WAEX) (EUR - TR) (the “Index”) is the exclusive property of Societe Generale. Societe Generale has signed a contract with Solactive AG wherein Solactive AG undertakes to calculate and maintain the Index. The Index is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Level at any time or in any other respect.

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