Syntax Stratified Indices

Syntax Stratified Financials Index

Index Facts

Number of Constituents 180
Strategy Stratified-Weight
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYFIN
Index Inception Date December 27, 2016
Base Index Value 100
Total Return Index Value (as of 10/21/2020) 2228.44

Index Description

The Syntax Stratified Financials Index is a stratified-weight index of S&P 900 companies that operate in the financial sector. It uses Syntax’s patented methodology to control exposure to related business risks (RBRs). The Syntax Sector Indices hold the constituents of the S&P 900, with every constituent in the S&P 900 assigned to exactly one sector index.

Index Performance

Multi-Horizon Returns (% as of 09/30/2020)

YTD3Q201Y3Y5Y7Y10YSince 12/20/91
Stratified Financials-19.74.2-16.0-
Cap-weighted Financials-23.24.1-16.4-

Annual Index Performance (% as of 09/30/2020)

Stratified Financials29.9-13.915.024.41.813.134.427.3-8.621.8
Cap-weighted Financials31.1-13.018.419.2-0.315.133.828.9-16.513.7

Index Statistics (as of 09/30/2020)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Financials17.30.593.2719.41.13
Cap-weighted Financials17.60.523.0020.81.20

Top Holdings (as of 09/30/2020)

CompanyWeight (%)
Hartford Financial Services Group Inc.2.10
American International Group Inc.2.09
Goldman Sachs Group Inc.1.95
Jefferies Financial Group Inc.1.91
Berkshire Hathaway Inc. Class B1.84
Morgan Stanley1.82
Loews Corporation1.79
Commerce Bancshares Inc.1.42
First Horizon National Corporation1.38
Alleghany Corporation1.18