SYDFNV | Syntax Defensive Index

Index Description

The Syntax Defensive Index comprises up to 50 equally weighted publicly traded US companies that provide goods or services for which demand is relatively inelastic. The Index applies screens for thematic purity of exposure, liquidity and size, and defines business segments including defensive utilities, consumer staples and necessities, defensive healthcare and other defensive good and service businesses.

The Index uses company classification data structured in Syntax's proprietary Functional Information System (FIS), which draws primarily from audited annual reports (e.g., 10-K filings) and secondarily from unaudited documents (e.g., news articles, company websites) to allow granular groupings and comparisons of companies by the characteristics of their various product lines.

Index Facts

Number of Constituents 50
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYDFNV
Index Inception Date December 16, 2022
Base Index Value 1000
Total Return Index Value (as of 03/23/2023) 2983.7

Index Performance

Multi-Horizon Returns
(% as of 12/31/2022)
YTD4Q221Y3Y5Y7Y10YSince 03.15.13
S&P 500-18.117.56-18.117.669.4211.4812.5612.11
Defensive Comp.3.2312.423.2310.810.4610.38-11.56

Annual Index Performance
(% as of 12/31/2022)
S&P 500-18.1128.7118.431.49-4.3821.8311.961.3813.6932.39
Defensive Comp.3.2320.189.6522.86-1.6215.794.855.8319.01-

Index Statistics
(as of 12/31/2022)
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
S&P 50016.30.63-100100
Defensive Comp.12.10.76970.658.8

Index Fundamentals
(as of 12/31/2022)
BetaDividend YieldP / E RatioP / B Ratio
S&P 50011.7719.93.8
Defensive Comp.0.620.0225.15.2

Top Holdings
(as of 12/31/2022)
CompanyWeight (%)
Horizon Therapeutics PLC2.4
Estee Lauder Companies Inc2.16
Dominion Energy Inc2.14
PG&E Corp2.12
Southern Co2.11
Duke Energy Corp2.1
Kraft Heinz Co2.07
O'Reilly Automotive Inc2.07
Xcel Energy Inc2.06
Colgate-Palmolive Co2.06