SYHLTH | Syntax Stratified Healthcare Index

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 Facts

Number of Constituents 109
Weighting Methodology Stratified
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 12/01/2022) 6003.82

Index Performance

Multi-Horizon Returns
(% as of 09/30/2022)
YTD3Q221Y3Y5Y7Y10YSince 12.20.91
Stratified Healthcare-16.64-5.43-10.599.446.567.8612.5113.69
Cap-weight Healthcare-13.94-5.42-4.9211.389.3210.0513.1110.52

Annual Index Performance
(% as of 09/30/2022)
Stratified Healthcare22.5713.5418.90-0.2518.30-3.539.2230.9644.2521.95
Cap-weight Healthcare25.2812.7119.616.5019.63-2.546.7326.4940.3818.64

Index Statistics
(as of 09/30/2022)
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Stratified Healthcare15.40.764.74105.3113.7
Cap-weight Healthcare13.70.90-100.0100.0

Top Holdings
(as of 09/30/2022)
CompanyWeight (%)
CVS Health Corporation5.54
Walgreens Boots Alliance Inc.5.43
Molina Healthcare Inc.1.92
Humana Inc.1.92
UnitedHealth Group Incorporated1.91
Biogen Inc.1.90
Elevance Health Inc.1.87
Centene Corporation1.82
Progyny Inc.1.80
Eli Lilly and Company1.55