SA300 | Syntax Australia 300 Index

Index Description

The Syntax Australia 300 Index is a float-adjusted market capitalization-weighted index of the 300 largest equity securities listed on the Australian Securities Exchange (ASX) as ranked by their float market caps, subject to screens for liquidity and ranking buffers to reduce turnover. Companies that are not incorporated in Australia only receive credit in the inclusion ranking for the portion of their float market cap that is owned in Australia.

The Index excludes hybrid securities with fixed-income characteristics as well as investment companies that hold portfolios of other securities. To pass the Index’s liquidity screens, a candidate stock must have both a float factor of at least 30% and at least a 30% ratio of its median liquidity to the weighted-average median liquidity of the 500 largest ASX securities over the trailing 125 trading days, where the median liquidity is a ratio of daily traded value to float market cap.

Index Facts

Number of Constituents 300
Weighting Methodology Float Market Cap
Rebalancing Frequency Semiannual
Currency AUD
Exchange Symbol/Ticker SA300
Index Inception Date December 28, 2021
Base Index Value 1000
Total Return Index Value (as of 06/30/2022) 5015.2

Index Performance

Multi-Horizon Returns
(% as of 03/31/2022)
YTD1Q221Y3Y5Y7Y10YSince 09/29/00
Syntax Australia 300 Index2.12.115.011.09.68.010.25.9

Annual Index Performance
(% as of 03/31/2022)
2021202020192018201720162015201420132012
Syntax Australia 300 Index17.62.124.0-2.511.611.42.45.320.120.7

Index Statistics
(as of 03/31/2022)
Div. Yld.P / E RatioP / B RatioVol.Sharpe Ratio
Syntax Australia 300 Index5.6619.02.3613.40.80

Top Holdings
(as of 03/31/2022)
CompanyWeight (%)
BHP GROUP LTD11.73
COMMONWEALTH BANK OF AUSTRALIA8.08
CSL LTD5.78
NATIONAL AUSTRALIA BANK LTD4.68
WESTPAC BANKING CORP3.80
MACQUARIE GROUP LTD3.49
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD3.46
WESFARMERS LTD2.56
TELSTRA CORPORATION LTD2.08
WOOLWORTHS GROUP LTD2.02