Syntax Stratified Indices

Syntax Stratified Healthcare Index

Index Facts

Number of Constituents 104
Strategy Stratified-Weight
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYHLTH
Index Inception Date December 27, 2016
Base Index Value 100
Total Return Index Value (as of 01/21/2021) 5390.98

Index Description

The Syntax Stratified Healthcare Index is a stratified-weight index of S&P 900 companies that operate in the healthcare 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 12/31/2020)

20204Q201Y3Y5Y7Y10YSince 12/20/91
Stratified Healthcare13.513.713.510.49.011.915.314.5
Cap-weighted Healthcare12.78.612.712.810.912.415.410.9

Annual Index Performance (% as of 12/31/2020)

Stratified Healthcare13.518.9-0.318.3-
Cap-weighted Healthcare12.719.66.519.6-2.56.726.540.418.611.7

Index Statistics (as of 12/31/2020)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Healthcare14.81.001.2616.3######
Cap-weighted Healthcare12.91.131.6218.2######

Top Holdings (as of 12/31/2020)

CompanyWeight (%)
CVS Health Corporation5.46
Walgreens Boots Alliance Inc5.45
Viatris Inc.2.93
Perrigo Co. Plc2.70
Prestige Consumer Healthcare Inc2.68
Johnson & Johnson2.12
Abbott Laboratories2.09
Ligand Pharmaceuticals Incorporated2.09
Catalent Inc2.06
Cigna Corporation1.96