SYCLEN | Syntax Clean Energy Index

Index Description

The Syntax Clean Energy Index applies modified-equal weighting to up to 100 public US companies that produce renewable energy or support its production. The Index applies screens for thematic purity of exposure, liquidity, and size, and defines business segments including renewable power generation, renewable power equipment, batteries & electronic materials, EVs, biofuels, fuel cells, and renewable energy financing.

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 98
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYCLEN
Index Inception Date December 16, 2022
Total Return Index Value as of 12/13/2023 2470.47

Index Performance

Multi-Horizon Returns % as of 2023-09-30
YTD3Q231Y3Y5Y7Y10YSince 03.15.13
Clean Energy-17.76-17.68-29.26-10.809.6910.296.2610.39
S&P 50013.07-3.2821.6110.159.9212.2411.9112.50
Annual Index Performance % as of 2023-09-30
Clean Energy-40.91-10.08202.2943.81-7.7517.55-6.08-14.12-3.53-
S&P 500-18.1128.7118.4031.49-4.3821.8311.961.3813.6932.39
Index Statistics as of 2023-09-30
Vol.Sharpe RatioTrack. Err.Upside CaptureDown. Capture
Clean Energy33.60.1526.32108.8147.9
S&P 50015.00.72-100.0100.0
Index Fundamentals as of 2023-09-30
BetaDividend YieldP / E Ratio
Clean Energy1.480.80NA
S&P 5001.001.6723.0

NA denotes negative valuation.

Top Holdings as of 2023-09-30
Click on a company name to view more information on key statistics, classification and more. Premium data requires an Affinity login.
Company Weight (%)
Nikola Corp 1.98
ESS Tech Inc 1.75
Alto Ingredients Inc 1.67
Argan Inc 1.56
Luxfer Holdings PLC 1.56
FutureFuel Corp 1.52
Amprius Technologies Inc 1.51
GrafTech International Ltd 1.51
SES AI Corp 1.51
REX American Resources Corp 1.49