SRAIP | Syntax Real Asset Index
The Syntax Real Asset Index stratified-weights developed markets companies with substantial physical/tangible asset exposures, such as real estate, timberland, commodity reserves, and infrastructure. The Index is designed to offer liquid exposure to traditional real asset equities and a hedge against inflation and commodity supply shocks. Syntax’s FIS™ tagging technology, used for the weight stratification, identifies groups of companies that share functional risks, which frequently concentrate in cap-weighted indices. The goal is to deliver an unbiased return that is representative of all business opportunities in the real asset space, diversifying away related business risk.
Index Facts
| Number of Constituents | 278 |
| Weighting Methodology | Stratified |
| Rebalancing Frequency | Quarterly |
| Currency | USD |
| Exchange Symbol/Ticker | SRAIP |
| Index Inception Date | June 30, 2015 |
| Total Return Index Value as of 04/24/2024 | 2051.39 |
Index Performance
| YTD | 1Q24 | 1Y | 3Y | 5Y | 7Y | 10Y | Since 06.30.15 | |
|---|---|---|---|---|---|---|---|---|
| Stratified Real Asset | 1.64 | 1.64 | 12.32 | 6.64 | 8.48 | 8.34 | - | 8.88 |
| S&P Real Assets Equity | 0.16 | 0.16 | 6.83 | 4.41 | 4.44 | 5.33 | 5.08 | 5.27 |
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Stratified Real Asset | 12.65 | -7.18 | 25.91 | 5.02 | 23.95 | -11.14 | 15.6 | 30.05 | - | - |
| S&P Real Assets Equity | 8.43 | -10.69 | 26.06 | -5.95 | 23.68 | -7.28 | 13.51 | 12.12 | -9.50 | 12.97 |
| Vol. | Sharpe Ratio | Track. Err. | Upside Capture | Down. Capture | |
|---|---|---|---|---|---|
| Stratified Real Asset | 20.3 | 0.31 | 7.47 | 121.0 | 110.8 |
| S&P Real Assets Equity | 16.8 | 0.2 | - | 100.0 | 100.0 |
| Company | Weight (%) |
|---|---|
| Vinci SA | 2.02 |
| Transurban Group | 1.98 |
| Essential Utilities Inc | 1.07 |
| American Water Works Co Inc | 1.06 |
| LEG Immobilien SE | 0.99 |
| United Utilities Group PLC | 0.98 |
| Fastighets AB Balder | 0.95 |
| Severn Trent PLC | 0.95 |
| Apartment Income REIT Corp. | 0.92 |
| Invitation Homes | 0.92 |
Past performance is no guarantee of future results. The inception date of the Syntax Real Asset Index is 06/30/2015. Charts and graphs are provided for illustrative purposes only.
The Syntax Real Asset Index is the property of Locus Analytics, LLC, which has contracted with NYSE to calculate and maintain the Indices. The Indices are not sponsored by NYSE or its affiliates or its third party licensors. NYSE will not be liable for any errors or omissions in calculating the Index. Syntax®, Stratified®, Stratified Indices®, Stratified-Weight™, and Locus® are trademarks or registered trademarks of Locus Analytics, LLC.
Index performance does not represent actual fund or portfolio performance and such performance does not reflect the actual investment experience of any investor. An investor cannot invest directly in an index. In addition, the results actual investors might have achieved would have differed from those shown because of differences in the timing, amounts of their investments, and fees and expenses associated with an investment in a portfolio invested in accordance with an index. None of the Syntax Indices or the benchmark indices portrayed herein charge management fees or incur brokerage expenses, and no such fees or expenses were deducted from the performance shown; provided, however, that the returns of any investment portfolio invested in accordance with such indices would be net of such fees and expenses. Additionally, none of these indices lend securities, and no revenues from securities lending were added to the performance shown. Performance shown is unaudited and subject to revision. This site may include materials and documents containing forward-looking statements which are based on our expectations and projections as of the date made. Past returns are not necessarily predictive of future returns.
The S&P 500® Index is an unmanaged index considered representative of the US large-cap stock market. The S&P 500® Equal Weight Index is an equal-weighted version of the S&P 500® Index. The S&P 400® is an unmanaged index considered representative of the US mid-cap stock market. The S&P 400® Equal Weight Index is an equal-weighted version of the S&P 400® Index. The S&P 900® Index is an unmanaged composite of the S&P 500® and S&P 400® Indices. The MSCI EAFE® Index is an unmanaged index considered representative of the international developed market stock market.
Top holdings and security classifications used in calculating allocation tables are based on ending weight as of 03/31/2024.