Syntax Stratified Indices

Syntax Stratified Healthcare Index

Index Facts

Number of Constituents 101
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 08/07/2020) 4695.3

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 06/30/2020)

YTD2Q201Y3Y5Y7Y10YSince 12/20/91
Stratified Healthcare-1.418.
Cap-weighted Healthcare-1.713.

Annual Index Performance (% as of 06/30/2020)

Stratified Healthcare18.9-0.318.3-
Cap-weighted Healthcare19.66.519.6-2.56.726.540.418.611.74.9

Index Statistics (as of 06/30/2020)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Healthcare14.81.011.3915.23.38
Cap-weighted Healthcare13.01.121.8117.04.98

Top Holdings (as of 06/30/2020)

CompanyWeight (%)
CVS Health Corporation5.60
Walgreens Boots Alliance Inc5.34
Perrigo Co. Plc2.80
Mylan N.V.2.77
Prestige Consumer Healthcare Inc2.62
Patterson Companies Inc.1.89
Humana Inc.1.89
UnitedHealth Group Incorporated1.88
Molina Healthcare Inc.1.83
Centene Corporation1.83