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 01/26/2022) 3590.81

Index Performance

Multi-Horizon Returns (% as of 12/31/2021)

YTD4Q211Y3Y5Y7Y10YSince 12/20/91
Stratified Financials38.68.338.622.512.712.716.112.8
Cap-weighted Financials36.86.636.819.211.811.015.29.7

Annual Index Performance (% as of 12/31/2021)

2021202020192018201720162015201420132012
Stratified Financials38.62.029.9-13.915.024.41.813.134.427.3
Cap-weighted Financials36.8-5.631.1-13.018.419.2-0.315.133.828.9

Index Statistics (as of 12/31/2021)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Financials17.40.921.7713.751.44
Cap-weighted Financials17.40.871.7615.121.67

Top Holdings (as of 12/31/2021)

CompanyWeight (%)
American International Group Inc.2.10
Hartford Financial Services Group Inc.2.04
Jefferies Financial Group Inc.1.84
Berkshire Hathaway Inc. Class B1.81
Loews Corporation1.81
Morgan Stanley1.80
Goldman Sachs Group Inc.1.78
Lennar Corporation Class A1.10
Taylor Morrison Home Corporation1.09
Tri Pointe Homes Inc.1.08