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 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 04/08/2021) 5492.4

Index Performance

Multi-Horizon Returns (% as of 03/31/2021)

YTD1Q211Y3Y5Y7Y10YSince 12/20/91
Stratified Healthcare7.87.846.614.011.812.115.114.6
Cap-weighted Healthcare3.63.635.214.812.712.015.210.9

Annual Index Performance (% as of 03/31/2021)

2020201920182017201620152014201320122011
Stratified Healthcare13.518.9-0.318.3-3.59.231.044.221.97.0
Cap-weighted Healthcare12.719.66.519.6-2.56.726.540.418.611.7

Index Statistics (as of 03/31/2021)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Healthcare14.80.991.2014.63.78
Cap-weighted Healthcare13.01.111.5816.55.39

Top Holdings (as of 03/31/2021)

CompanyWeight (%)
Walgreens Boots Alliance Inc5.76
CVS Health Corporation5.67
Humana Inc.1.88
UnitedHealth Group Incorporated1.87
Anthem Inc.1.86
Molina Healthcare Inc.1.84
Centene Corporation1.83
Cigna Corporation1.83
Henry Schein Inc.1.71
Cardinal Health Inc.1.71