Dow Jones to Launch European Country Titans

March 26, 2002 ( - Responding to growth in the exchange traded funds (ETF) industry, Dow Jones Indexes will add seven new European indexes to its country Titans lineup, IPE reports.

Slated for launch in April, the indexes, which will complement the group’s country Titans for Australia, Canada, Hong Kong, Japan and the UK, will cover:

  • France
  • Germany
  • Italy
  • The Netherlands
  • Spain
  • Sweden.
  • Switzerland.

The new country Titans will comprise 30 of the corresponding country’s largest and most liquid stocks and will represent between 48% and 68% of their respective market capitalization.

Dow Jones has set a weighting cap of 10% to prevent any individual stock from dominating its index.
Dow Jones expects to see new ETFs launched on some of the new indexes later this year.