SYBENS | Syntax Battery and Energy Storage Index

Index Description

The Syntax Battery and Energy Storage Index comprises up to 50 equally weighted publicly traded US companies that produce batteries or battery materials or are involved in the clean energy vehicle supply chain. The Index applies screens for thematic purity of exposure, liquidity and size, and defines business segments including batteries, battery materials, diversified electronic materials, clean energy vehicles, fuel cells, and charging stations.

The Index uses company classification data structured in Syntax's proprietary Functional Information System (FIS), which draws primarily from audited annual reports (e.g., 10-K filings) and secondarily from unaudited documents (e.g., news articles, company websites) to allow granular groupings and comparisons of companies by the characteristics of their various product lines.

Index Facts

Number of Constituents 47
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYBENS
Index Inception Date December 16, 2022
Base Index Value 1000
Total Return Index Value (as of 05/25/2023) 750.52

Index Performance

Multi-Horizon Returns
(% as of 03/31/2023)
YTD1Q231Y3Y5Y7Y10YSince 09.18.20
Battery & Energy Storage7.807.80-25.54----6.24
S&P 5007.507.50-7.7318.6011.1912.4212.248.26

Annual Index Performance
(% as of 03/31/2023)
Battery & Energy Storage-37.4623.86--------
S&P 500-18.1128.7118.4031.49-4.3821.8311.961.3813.6932.39

Index Statistics
(as of 03/31/2023)
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Battery & Energy Storage34.7-0.4223.3986.1146.3
S&P 50019.20.09-100.0100.0

Index Fundamentals
(as of 03/31/2023)
BetaDividend YieldP / E Ratio
Battery & Energy Storage1.390.56NA
S&P 5001.001.7023.0

NA denotes negative valuation.

Top Holdings
(as of 03/31/2023)
CompanyWeight (%)
EVgo Inc2.72
Enovix Corp2.72
Proterra Inc2.59
Fluence Energy Inc2.46
FREYR Battery SA2.43
Rivian Automotive Inc2.28
Freeport-McMoRan Inc2.25
Tesla Inc2.23
ChargePoint Holdings Inc2.22
Blink Charging Co2.22