Syntax Stratified Indices

Syntax Stratified Financials Index

Index Facts

Number of Constituents 172
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 11/19/2019) 2571.18

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 09/30/19)

YTD3Q191Y3Y5Y7Y10YSince 12/20/91
Stratified Financials24.23.57.312.611.113.812.812.3
Cap-weighted Financials20.

Annual Index Performance (% as of 09/30/19)

Stratified Financials-13.915.024.41.813.134.427.3-8.621.834.3
Cap-weighted Financials-13.018.419.2-0.315.133.828.9-16.513.717.0

Index Statistics (as of 09/30/19)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Financials15.50.822.4713.31.28
Cap-weighted Financials16.20.662.3713.81.36

Top Holdings (as of 09/30/19)

CompanyWeight (%)
Morgan Stanley2.72
Goldman Sachs Group Inc.2.70
Hartford Financial Services Group Inc.2.09
American International Group Inc.2.02
Loews Corporation1.87
Berkshire Hathaway Inc. Class B1.86
Jefferies Financial Group Inc.1.76
Alleghany Corporation1.44
RenaissanceRe Holdings Ltd.1.41
Reinsurance Group of America Incorporated1.40