Syntax Stratified Indices

Syntax Stratified Financials Index

Index Facts

Number of Constituents 162
Strategy Stratified-Weight
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYFIN
Index Inception Date December 27, 2016
Base Index Value 100
Total Return Index Value (as of 11/12/2018) 2217.27

Index Description

The Syntax Stratified Financials Index is a stratified-weight index of S&P 900 companies that operate in the financial 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 09/30/18)

YTD3Q181Y3Y5Y7Y10YSince 12/20/91
Stratified Financials-
Cap-weighted Financials-

Annual Index Performance (% as of 09/30/18)

Stratified Financials15.024.41.813.134.427.3-8.621.834.3-42.3
Cap-weighted Financials18.419.2-0.315.133.828.9-16.513.717.0-53.8

Index Statistics (as of 09/30/18)

Vol.Sharpe RatioDiv. Yld.P / E RatioP / B Ratio
Stratified Financials22.40.572.2313.91.40
Cap-weighted Financials23.30.392.0814.51.44

Top Holdings (as of 09/30/18)

CompanyWeight (%)
Goldman Sachs Group Inc.2.73
Morgan Stanley2.70
Berkshire Hathaway Inc. Class B1.85
Loews Corporation1.85
Jefferies Financial Group Inc.1.78
Assurant Inc.1.47
Progressive Corporation1.44
Alleghany Corporation1.44
Mercury General Corporation1.42
RenaissanceRe Holdings Ltd.1.41