SYDFNV | Syntax Defensive Index

Index Description

The Syntax Defensive Index equally weights up to 50 publicly traded US companies that provide goods or services for which demand is relatively inelastic. The Index applies screens for thematic purity of exposure, liquidity, and size, and defines business segments including defensive utilities, consumer staples and necessities, defensive healthcare, and other defensive businesses.

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 SYDFNV
Index Inception Date December 16, 2022
Total Return Index Value as of 02/23/2024 3192.75

Index Performance

Multi-Horizon Returns % as of 2023-12-31
YTD 4Q23 1Y 3Y 5Y 7Y 10Y Since 03.15.13
S&P 50026.2911.6926.2910.015.6913.4212.0313.35
Annual Index Performance % as of 2023-12-31
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
S&P 50026.29-18.1128.7118.431.49-4.3821.8311.961.3813.69
Index Statistics as of 2023-12-31
Vol. Sharpe Ratio Track. Err. Upside Capture Down. Capture
S&P 50015.20.71-100.0100.0
Index Fundamentals as of 2023-12-31
Beta Dividend Yield P / E Ratio
S&P 5001.01.4925.1
Top Holdings as of 2023-12-31
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Company Weight (%)
Vertex Pharmaceuticals Inc 2.24
Costco Wholesale Corp 2.16
Kenvue Inc. 2.16
Biogen Inc 2.15
Estee Lauder Cos. A 2.14
Amgen Inc 2.08
Target Corp 2.08
Edison Intl 2.07
Monster Beverage Corp New 2.07
AbbVie Inc. 2.06