SPVP | Syntax US Large Cap Value Index
The Syntax US Large Cap Value Index is a stratified-weight index holding large-cap US equities satisfying a value screen. This index aims to hold companies with high book-to-market values relative to their industry group, as defined by Syntax’s FIS codes. Constituents are weighted based on Syntax’s patented methodology to control exposure to related business risks (RBRs).
Index Facts
| Number of Constituents | 147 |
| Weighting Methodology | Stratified |
| Rebalancing Frequency | Quarterly |
| Currency | USD |
| Exchange Symbol/Ticker | SPVP |
| Index Inception Date | December 31, 2015 |
| Total Return Index Value as of 12/13/2023 | 2384.76 |
Index Performance
| YTD | 3Q23 | 1Y | 3Y | 5Y | 7Y | 10Y | Since 12.31.15 | |
|---|---|---|---|---|---|---|---|---|
| Stratified LargeCap Value | 1.82 | -3.72 | 14.64 | 14.16 | 8.57 | 9.91 | - | 10.42 |
| S&P 500 Value | 7.56 | -4.09 | 22.19 | 13.39 | 8.41 | 9.77 | 9.64 | 10.05 |
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Stratified LargeCap Value | -8.34 | 31.27 | 10.20 | 31.06 | -9.39 | 16.17 | 15.75 | - | - | - |
| S&P 500 Value | -5.22 | 24.90 | 1.36 | 31.93 | -8.95 | 15.36 | 17.40 | -3.13 | 12.36 | 31.99 |
| Vol. | Sharpe Ratio | Track. Err. | Upside Capture | Down. Capture | |
|---|---|---|---|---|---|
| Stratified LargeCap Value | 19.3 | 0.43 | 4.97 | 104.2 | 105.4 |
| S&P 500 Value | 16.7 | 0.49 | - | 100.0 | 100.0 |
| Company | Weight (%) |
|---|---|
| Darden Restaurants Inc | 3.09 |
| Kroger Co | 3.07 |
| Garmin Ltd | 2.20 |
| Kinder Morgan Inc | 2.12 |
| Phillips 66 | 2.11 |
| Viatris Inc | 2.10 |
| Constellation Brands Inc A | 2.08 |
| Tyson Foods Inc A | 2.08 |
| Atmos Energy Corp | 1.99 |
| General Motors Company | 1.61 |
Past performance is no guarantee of future results. The inception date of the Syntax US Large Cap Value Index Index is 01/01/2016. Charts and graphs are provided for illustrative purposes only.
The Syntax US Large Cap Value Index is the property of Locus Analytics, LLC, which has contracted with NYSE to calculate and maintain the Indices. The Indices are not sponsored by NYSE or its affiliates or its third party licensors. Syntax®, Stratified®, Stratified Indices®, Stratified-Weight™, and Locus® are trademarks or registered trademarks of Locus Analytics, LLC.
Index performance does not represent actual fund or portfolio performance and such performance does not reflect the actual investment experience of any investor. An investor cannot invest directly in an index. In addition, the results actual investors might have achieved would have differed from those shown because of differences in the timing, amounts of their investments, and fees and expenses associated with an investment in a portfolio invested in accordance with an index. None of the Syntax Indices or the benchmark indices portrayed herein charge management fees or incur brokerage expenses, and no such fees or expenses were deducted from the performance shown; provided, however, that the returns of any investment portfolio invested in accordance with such indices would be net of such fees and expenses. Additionally, none of these indices lend securities, and no revenues from securities lending were added to the performance shown. Performance shown is unaudited and subject to revision. This site may include materials and documents containing forward-looking statements which are based on our expectations and projections as of the date made. Past returns are not necessarily predictive of future returns.
Benchmark data for the S&P 500 Value are provided by S&P Dow Jones Indices.
Top holdings and security classifications used in calculating allocation tables are based on ending weight as of 09/30/2023.