SYFIN | Syntax Stratified Financials Index

Index Description

The Syntax Stratified Financials Index is a stratified-weight index of S&P 900 companies that operate in the financial sector. It uses Syntax’s patented methodology to control exposure to related business risks (RBRs). The Syntax Sector Indices hold the constituents of the S&P 900, with every constituent in the S&P 900 assigned to exactly one sector index.

Index Facts

Number of Constituents 170
Weighting Methodology Stratified
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYFIN
Index Inception Date December 27, 2016
Base Index Value 100
Total Return Index Value (as of 05/25/2023) 3162.32

Index Performance

Multi-Horizon Returns
(% as of 03/31/2023)
YTD1Q231Y3Y5Y7Y10YSince 12.20.91
Stratified Financials-3.65-3.65-11.1623.246.9910.2210.2911.74
Cap-weight Financials-5.43-5.43-16.0317.284.378.729.0310.69

Annual Index Performance
(% as of 03/31/2023)
Stratified Financials-10.2138.652.0129.92-13.9214.9924.431.8213.0634.45
Cap-weight Financials-12.9936.76-5.5531.11-13.0418.3519.24-0.3015.1033.76

Index Statistics
(as of 03/31/2023)
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Stratified Financials18.70.504.32100.592.1
Cap-weight Financials19.10.39-100.0100.0

Top Holdings
(as of 03/31/2023)
CompanyWeight (%)
Hartford Finl Services Group2.12
American Intl Group Inc2.02
Berkshire Hathaway B1.93
Loews Corp1.92
Goldman Sachs Group Inc1.89
Morgan Stanley1.85
Jefferies Financial Group Inc.1.82
KB Home1.41
Pulte Group Inc1.33
Taylor Morrison Home Corp1.32