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 299
Weighting Methodology Float Market Cap
Rebalancing Frequency Semiannual
Currency AUD
Exchange Symbol/Ticker SA300
Index Inception Date December 28, 2021
Total Return Index Value as of 09/22/2023 5730.75

Index Performance

Multi-Horizon Returns % as of 2023-06-30
YTD2Q231Y3Y5Y7Y10YSince 09.29.00
Australia 3004.441.0014.8911.247.449.148.588.00
Annual Index Performance % as of 2023-06-30
Australia 300-1.4917.572.0724.04-2.5311.6411.402.405.2620.09
Index Statistics as of 2023-06-30
Vol.Sharpe Ratio
Australia 30013.90.54
Index Fundamentals as of 2023-06-30
Dividend YieldP / E RatioP / B Ratio
Australia 3004.9313.32.11
Top Holdings as of 2023-06-30
CompanyWeight (%)
BHP Group Ltd10.75
Commonwealth Bank Australia7.97
CSL Ltd6.31
National Australia Bank Ltd3.90
Westpac Banking Corp3.53
ANZ Group Holdings Ltd3.36
Macquarie Group Ltd3.24
Woodside Energy Group Ltd2.93
Wesfarmers Ltd2.64
Telstra Group Ltd2.34