SYRLAS | Syntax Real Asset Ecosystem Index

Index Description

The Syntax Real Asset Ecosystem Index comprises up to 70 equally weighted publicly traded US companies with substantial physical or tangible asset exposures such as timberland, commodity reserves, or infrastructure. The Index applies screens for thematic purity of exposure, liquidity and size, and defines business segments including commercial real estate, consumer real estate, other real estate rental, energy infrastructure, transportation and cell tower, energy commodities and metal commodities.

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 66
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYRLAS
Index Inception Date December 16, 2022
Base Index Value 1000
Total Return Index Value (as of 05/25/2023) 2121.32

Index Performance

Multi-Horizon Returns
(% as of 03/31/2023)
YTD1Q231Y3Y5Y7Y10YSince 03.15.13
Real Asset Ecosystem-0.91-0.91-16.4224.569.699.908.508.47
S&P 5007.507.50-7.7318.6011.1912.4212.2412.60

Annual Index Performance
(% as of 03/31/2023)
Real Asset Ecosystem-6.7741.031.1724.61-8.5910.3227.09-9.8616.37-
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
Real Asset Ecosystem19.90.439.8295.7106.3
S&P 50016.20.69-100.0100.0

Index Fundamentals
(as of 03/31/2023)
BetaDividend YieldP / E Ratio
Real Asset Ecosystem1.074.2713.4
S&P 5001.001.7023.0

Top Holdings
(as of 03/31/2023)
CompanyWeight (%)
Freeport-McMoRan Inc1.64
EOG Resources Inc1.59
Pioneer Natural Resources Co1.59
Devon Energy Corp1.59
Marathon Oil Corp1.58
Kilroy Realty Corp1.56
Marathon Petroleum Corp1.56
Diamondback Energy Inc1.56
Newmont Corporation1.55
United States Steel Corp1.54