Syntax Stratified Indices diversify risk
Syntax Stratified Indices

Syntax Stratified MidCap Index

Index Facts

Number of Constituents 401
Strategy Stratified-Weight
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 09/28/2020) 4019.05

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 Performance

Multi-Horizon Returns (% as of 06/30/2020)

YTD2Q201Y3Y5Y7Y10YSince 12/20/91
Stratified MidCap Index-10.227.9-
S&P 400-12.824.1-
S&P 400 Eq. Weight-13.028.9-

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

Stratified MidCap Index23.8-7.315.119.8-4.111.637.420.51.530.4
S&P 40026.2-
S&P 400 Eq. Weight23.3-11.913.923.9-

Index Statistics (as of 06/30/2020)

Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Stratified MidCap Index17.30.752.3108.4102.6
S&P 40016.70.69---
S&P 400 Eq. Weight18.10.612.3104.7107.9

Index Fundamentals (as of 06/30/2020)

BetaDiv. Yld.P / E RatioP / B RatioTurnover (%)
Stratified MidCap Index1.031.8330.61.655.5
S&P 4001.001.9629.21.917.3
S&P 400 Eq. Weight1.082.0134.31.450.0

Top Holdings (as of 06/30/2020)

CompanyWeight (%)
Lumentum Holdings Inc.1.31
Ciena Corporation1.21
Arrowhead Pharmaceuticals Inc.0.80
National Instruments Corporation0.80
Telephone and Data Systems Inc.0.79
PTC Inc.0.79
Edgewell Personal Care Co.0.79
Cable One Inc.0.79
ViaSat Inc.0.76
Helen of Troy Limited0.75

Sector Allocation (as of 06/30/2020)

  • Energy
  • Food
  • Consumer
  • Info. Tools
  • Information
  • Industrials
  • Healthcare
  • Financials