SYBENS | Syntax Battery and Energy Storage Index

Index Description

The Syntax Battery and Energy Storage Index equally weights up to 50 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 clean energy vehicles, diversified electronic materials, 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 50
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYBENS
Index Inception Date December 16, 2022
Total Return Index Value as of 02/23/2024 624.64

Index Performance

Multi-Horizon Returns % as of 2023-12-31
YTD 4Q23 1Y 3Y 5Y 7Y 10Y Since 09.18.20
Battery & Energy Storage-9.59-3.74-9.59-11.49----0.99
S&P 50026.2911.6926.2910.015.6913.4212.0311.65
Annual Index Performance % as of 2023-12-31
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Battery & Energy Storage-9.59-38.0823.86-------
S&P 50026.29-18.1128.7118.4031.49-4.3821.8311.961.3813.69
Index Statistics as of 2023-12-31
Vol. Sharpe Ratio Track. Err. Upside Capture Down. Capture
Battery & Energy Storage35.2-0.425.8582.9175.4
S&P 50017.50.43-100.0100.0
Index Fundamentals as of 2023-12-31
Beta Dividend Yield P / E Ratio
Battery & Energy Storage1.420.94NA
S&P 5001.01.4925.1
Top Holdings as of 2023-12-31
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Company Weight (%)
Fuelcell Energy Inc 2.43
Luminar Technologies Inc 2.37
Livent Corporation 2.34
Rivian Automotive Inc 2.33
Enphase Energy Inc 2.25
MP Materials Corp. 2.23
Albemarle Corp 2.22
EVgo Inc 2.14
Freeport-McMoRan Inc 2.14
Mastec Inc 2.14