SYFIN | Syntax Stratified Financials Index

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 Facts

Number of Constituents 177
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 09/23/2021) 3463.49

Index Performance

Multi-Horizon Returns (% as of 06/30/2021)

YTD2Q211Y3Y5Y7Y10YSince 12/20/91
Stratified Financials26.25.567.013.515.112.114.012.6
Cap-weighted Financials25.77.160.812.314.511.012.69.5

Annual Index Performance (% as of 06/30/2021)

2020201920182017201620152014201320122011
Stratified Financials2.029.9-13.915.024.41.813.134.427.3-8.6
Cap-weighted Financials-5.631.1-13.018.419.2-0.315.133.828.9-16.5

Index Statistics (as of 06/30/2021)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Financials18.30.781.7714.061.44
Cap-weighted Financials18.50.701.7516.091.63

Top Holdings (as of 06/30/2021)

CompanyWeight (%)
Jefferies Financial Group Inc.2.09
Hartford Financial Services Group Inc.2.06
American International Group Inc.2.05
Morgan Stanley1.96
Goldman Sachs Group Inc.1.95
Loews Corporation1.85
Berkshire Hathaway Inc. Class B1.82
First Republic Bank1.13
Bank of Hawaii Corporation1.12
Washington Federal Inc.1.11