SA300 | Syntax Australia 300 Index

Index Description

The Syntax Australia 300 Index is a float-adjusted market capitalization-weighted index of the 300 largest equity securities listed on the Australian Securities Exchange (ASX) as ranked by their float market caps, subject to screens for liquidity and ranking buffers to reduce turnover. Companies that are not incorporated in Australia only receive credit in the inclusion ranking for the portion of their float market cap that is owned in Australia.

The Index excludes hybrid securities with fixed-income characteristics as well as investment companies that hold portfolios of other securities. To pass the Index’s liquidity screens, a candidate stock must have both a float factor of at least 30% and at least a 30% ratio of its median liquidity to the weighted-average median liquidity of the 500 largest ASX securities over the trailing 125 trading days, where the median liquidity is a ratio of daily traded value to float market cap.

Index Facts

Number of Constituents 298
Weighting Methodology Float Market Cap
Rebalancing Frequency Semiannual
Currency AUD
Exchange Symbol/Ticker SA300
Index Inception Date December 28, 2021
Base Index Value 1000
Total Return Index Value (as of 05/25/2023) 5698.72

Index Performance

Multi-Horizon Returns
(% as of 03/31/2023)
YTD1Q231Y3Y5Y7Y10YSince 09.29.00
Australia 3003.403.40-0.1916.818.969.578.208.05

Annual Index Performance
(% as of 03/31/2023)
2022202120202019201820172016201520142013
Australia 300-1.4917.572.0724.04-2.5311.6411.402.405.2620.09

Index Statistics
(as of 03/31/2023)
Vol.Sharpe Ratio
Australia 30014.00.52

Index Fundamentals
(as of 03/31/2023)
Dividend YieldP / E RatioP / B Ratio
Australia 3004.8613.52.14

Top Holdings
(as of 03/31/2023)
CompanyWeight (%)
BHP GROUP LTD11.26
COMMONWEALTH BANK OF AUSTRALIA7.81
CSL LTD6.54
NATIONAL AUSTRALIA BANK LTD4.09
WESTPAC BANKING CORP3.58
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD3.24
MACQUARIE GROUP LTD3.20
WOODSIDE ENERGY GROUP LTD2.83
WESFARMERS LTD2.68
TELSTRA CORPORATION LTD2.29