SYCORE | Syntax Stratified Core Index

Index Description

The Syntax Stratified Core Index is the stratified-weight version of the S&P 900® Index, which combines the S&P 500 Index and S&P MidCap 400 Index. The index holds the same constituents as the S&P 900, but the weight of each company in the Syntax Stratified Core Index is based on Syntax’s patented methodology to control exposure to related business risks (RBRs).

Index Facts

Number of Constituents 904
Weighting Methodology Stratified
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYCORE
Index Inception Date December 27, 2016
Base Index Value 100
Total Return Index Value (as of 05/25/2023) 4603.77

Index Performance

Multi-Horizon Returns
(% as of 03/31/2023)
YTD1Q231Y3Y5Y7Y10YSince 12.20.91
Stratified Core3.973.97-2.8423.1910.1411.4011.3013.13
S&P 9007.287.28-7.5818.8110.9612.2612.0710.23
S&P 900 Eq. Weight3.583.58-5.1624.169.6210.7510.6611.82

Annual Index Performance
(% as of 03/31/2023)
Stratified Core-8.6726.7713.6727.05-8.0717.4716.84-2.7313.6136.47
S&P 900-17.8228.4818.1031.14-4.8621.4012.611.1113.3632.48
S&P 900 Eq. Weight-11.3629.0214.3726.99-9.2914.3019.04-3.7512.0535.76

Index Statistics
(as of 03/31/2023)
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Stratified Core16.30.644.4698.8102.5
S&P 90014.90.75-100.0100.0
S&P 900 Eq. Weight17.30.565.5499.9108.2

Index Fundamentals
(as of 03/31/2023)
BetaDividend YieldP / E RatioP / B Ratio
Stratified Core1.051.9418.52.58
S&P 9001.001.7122.23.82
S&P 900 Eq. Weight1.102.0817.02.32

Top Holdings
(as of 03/31/2023)
CompanyWeight (%)
Chevron Corp0.77
Exxon Mobil Corp0.77
Walgreens Boots Alliance Inc0.70
CVS Health Corporation0.65
Apple Inc.0.56
Motorola Solutions Inc0.55
Darden Restaurants Inc0.54
Texas Roadhouse0.53
Meta Platforms Inc. Class A0.40
Mercury Systems Inc0.39

Sector Allocation
(as of 03/31/2023)
  • Energy
  • Food
  • Consumer
  • Info. Tools
  • Information
  • Industrials
  • Healthcare
  • Financials