FCMICX | Fast Company Most Innovative Companies Index
The Fast Company Most Innovative Companies Index comprises companies, listed on global recognized stock exchanges, that are recognized for their superior disruptive innovations across all facets of the global economy. The Index’s constituents are derived from Fast Company’s annual Most Innovative Companies List, subject to the requirement of public listing and trading of the company’s stock and minimum liquidity criteria for that stock. The Index is reconstituted annually in April and is rebalanced quarterly. All constituents are equally weighted in each reconstitution and rebalance.
Index Facts
| Number of Constituents | 67 |
| Weighting Methodology | Equal |
| Rebalancing Frequency | Quarterly |
| Currency | USD |
| Exchange Symbol/Ticker | FCMICX |
| Index Inception Date | January 6, 2023 |
| Total Return Index Value as of 11/29/2023 | 4621.25 |
Index Performance
| YTD | 3Q23 | 1Y | 3Y | 5Y | 7Y | 10Y | Since 04.17.15 | |
|---|---|---|---|---|---|---|---|---|
| Most Innovative Companies | 8.93 | -6.63 | 13.45 | 0.95 | 13.49 | 21.53 | - | 19.29 |
| S&P 500 | 13.07 | -3.27 | 21.62 | 10.15 | 9.92 | 12.24 | 11.91 | 11.07 |
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Most Innovative Companies | -29.54 | 4.12 | 91.98 | 61.32 | 6.47 | 48.61 | 6.82 | - | - | - |
| S&P 500 | -18.11 | 28.71 | 18.40 | 31.49 | -4.38 | 21.83 | 11.96 | 1.38 | 13.69 | 32.39 |
| Vol. | Sharpe Ratio | Track. Err. | Upside Capture | Down. Capture | |
|---|---|---|---|---|---|
| Most Innovative Companies | 23.7 | 0.84 | 13.65 | 131.3 | 105.3 |
| S&P 500 | 16.5 | 0.64 | - | 100.0 | 100.0 |
| Dividend Yield | P / E Ratio | P / B Ratio | |
|---|---|---|---|
| Most Innovative Companies | 1.46 | NA | 2.92 |
| S&P 500 | 1.67 | 23.0 | 4.06 |
NA denotes negative valuation.
| Company | Weight (%) |
|---|---|
| Aspen Technology Inc | 1.95 |
| Western Digital Corp | 1.95 |
| Warner Music Group Corp | 1.84 |
| Yelp Inc | 1.84 |
| Alphabet Inc A | 1.76 |
| Walmart Inc. | 1.75 |
| Novartis AG | 1.74 |
| T-Mobile US Inc | 1.70 |
| New York Times Co A | 1.68 |
| Domino's Pizza Inc | 1.67 |
Past performance is no guarantee of future results. The inception date of the Fast Company Most Innovative Companies Index (the "Index") is 6 January 2023. Charts and graphs are provided for illustrative purposes only.
The Index is the property of Mansueto Ventures LLC. Syntax, LLC calculates and maintains the Index. Syntax, LLC will not be liable for any errors or omissions in calculating the Index.
Index performance does not represent actual fund or portfolio performance and such performance does not reflect the actual investment experience of any investor. An investor cannot invest directly in an index. In addition, the results actual investors might have achieved would have differed from those shown because of differences in the timing, amounts of their investments, and fees and expenses associated with an investment in a portfolio invested in accordance with an index. Neither the Index nor any benchmark indices portrayed herein charge management fees or incur brokerage expenses, and no such fees or expenses were deducted from the performance shown; provided, however, that the returns of any investment portfolio invested in accordance with such indices would be net of such fees and expenses. Additionally, none of these indices lend securities, and no revenues from securities lending were added to the performance shown. Performance shown is unaudited and subject to revision. This site may include materials and documents containing forward-looking statements which are based on our expectations and projections as of the date made. Past returns are not necessarily predictive of future returns.
Top holdings and security classifications used in calculating allocation tables are based on ending weight as of 09/30/2023.