SYCLWD | Syntax Cloud Compute Index

Index Description

The Syntax Cloud Compute Index applies modified-equal weighting to up to 50 public US companies that provide hosted infrastructure and platforms, as well as those providing equipment used to do so. The Index applies screens for thematic purity of exposure, liquidity, and size, and defines business segments including cloud services, cloud compute hardware, data center & colocation, and content delivery network.

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 44
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYCLWD
Index Inception Date December 16, 2022
Total Return Index Value as of 12/13/2023 5423.93

Index Performance

Multi-Horizon Returns % as of 2023-09-30
YTD3Q231Y3Y5Y7Y10YSince 03.15.13
Cloud Compute34.951.2741.2713.1513.4717.3616.1716.21
S&P 50013.07-3.2821.6110.159.9212.2411.9112.50
Annual Index Performance % as of 2023-09-30
Cloud Compute-31.9137.0745.6226.87-5.8439.4819.712.6514.14-
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
Cloud Compute19.00.7912.00107.488.2
S&P 50015.00.72-100.0100.0
Index Fundamentals as of 2023-09-30
BetaDividend YieldP / E Ratio
Cloud Compute0.990.60845.9
S&P 5001.001.6723.0
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 (%)
Dropbox Inc. 3.76
VeriSign Inc 3.75
Vertiv Holdings Co 3.68
Equinix Inc 3.60
Datadog Inc 3.55
Nutanix Inc 3.55
Arista Networks Inc 3.54
Box Inc 3.54
DigitalOcean Holdings Inc 3.54
Digital Realty Trust 3.54