SYDFNV | Syntax Defensive Index

Index Description

The Syntax Defensive Index comprises up to 50 equally weighted 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 good and service 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
Base Index Value 1000
Total Return Index Value (as of 05/25/2023) 3059.7

Index Performance

Multi-Horizon Returns
(% as of 03/31/2023)
YTD1Q231Y3Y5Y7Y10YSince 03.15.13
S&P 5007.507.50-7.7318.6011.1912.4212.2412.60

Annual Index Performance
(% as of 03/31/2023)
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
S&P 50016.20.69-100.0100.0

Index Fundamentals
(as of 03/31/2023)
BetaDividend YieldP / E Ratio
S&P 5001.001.7023.0

Top Holdings
(as of 03/31/2023)
CompanyWeight (%)
Regeneron Pharmaceuticals Inc2.13
Walmart Inc2.07
General Mills Inc2.07
Ulta Beauty Inc2.07
Kimberly-Clark Corp2.06
Waste Management Inc2.04
Biogen Inc2.04
Vertex Pharmaceuticals Inc2.04
Kroger Co2.04
Constellation Brands Inc2.04