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 105
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 01/26/2022) 5643.23

Index Performance

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

YTD4Q211Y3Y5Y7Y10YSince 12/20/91
Stratified Healthcare22.67.322.618.314.310.916.814.7
Cap-weighted Healthcare25.310.525.319.116.612.216.811.3

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

2021202020192018201720162015201420132012
Stratified Healthcare22.613.518.9-0.318.3-3.59.231.044.221.9
Cap-weighted Healthcare25.312.719.66.519.6-2.56.726.540.418.6

Index Statistics (as of 12/31/2021)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Healthcare14.71.091.2716.73.42
Cap-weighted Healthcare13.11.211.4318.95.09

Top Holdings (as of 12/31/2021)

CompanyWeight (%)
Walgreens Boots Alliance Inc5.75
CVS Health Corporation5.54
Molina Healthcare Inc.1.89
Anthem Inc.1.87
UnitedHealth Group Incorporated1.85
Humana Inc.1.84
Progyny Inc.1.81
Centene Corporation1.78
United Therapeutics Corporation1.48
McKesson Corporation1.44