SYMID | Syntax Stratified MidCap Index

Index Description

The Syntax Stratified MidCap Index is the stratified-weight version of the widely-used S&P MidCap 400® Index. The index holds the same constituents as the S&P MidCap 400, but the weight of each company in the Syntax Stratified MidCap Index is based on Syntax’s patented methodology to control exposure to related business risks (RBRs).

Index Facts

Number of Constituents 401
Weighting Methodology Stratified
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYMID
Index Inception Date December 27, 2016
Base Index Value 100
Total Return Index Value (as of 03/23/2023) 5425.9

Index Performance

Multi-Horizon Returns
(% as of 12/31/2022)
YTD4Q221Y3Y5Y7Y10YSince 12.20.91
Stratified MidCap-12.3012.83-12.308.177.7510.4311.4113.75
S&P 400-13.0610.78-
S&P 400 Eq. Weight-11.4711.81-11.479.227.1810.3810.7511.61

Annual Index Performance
(% as of 12/31/2022)
Stratified MidCap-12.3022.5417.7923.81-7.3315.1319.77-4.1011.6237.38
S&P 400-13.0624.7613.6626.20-11.0816.2420.74-2.189.7733.50
S&P 400 Eq. Weight-11.4727.1215.7723.29-11.9413.8723.95-5.248.9834.62

Index Statistics
(as of 12/31/2022)
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Stratified MidCap18.00.592.39104.3103.3
S&P 40017.50.57-100.0100.0
S&P 400 Eq. Weight18.90.532.53105.0107.7

Index Fundamentals
(as of 12/31/2022)
BetaDividend YieldP / E RatioP / B RatioTurnover (%)
Stratified MidCap1.021.7314.42.1028.9
S&P 4001.001.8713.62.2012.6
S&P 400 Eq. Weight1.071.9414.22.0229.8

Top Holdings
(as of 12/31/2022)
CompanyWeight (%)
MKS Instruments Inc1.24
Azenta Inc.1.18
TripAdvisor Inc. A1.17
Ziff Davis Inc1.11
Helen of Troy Ltd1.02
Coty Inc.0.98
Arrowhead Pharmaceuticals Inc0.92
Energizer Holdings Inc0.89
The Scotts Miracle-Gro Company0.85
NCR Corp0.81

Sector Allocation
(as of 12/31/2022)
  • Energy
  • Food
  • Consumer
  • Info. Tools
  • Information
  • Industrials
  • Healthcare
  • Financials