SYIOTX | Syntax Internet of Things Ecosystem Index

Index Description

The Syntax Internet of Things (IoT) Ecosystem Index applies modified-equal weighting to up to 50 public US companies whose products enable physical objects to exchange data with each other over networks. The Index applies screens for thematic purity of exposure, liquidity, and size, and defines business segments including semiconductors, utilities, industrial equipment, smart home, and automotive.

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 49
Weighting Methodology Modified Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYIOTX
Index Inception Date December 16, 2022
Total Return Index Value as of 12/13/2023 3504.92

Index Performance

Multi-Horizon Returns % as of 2023-09-30
YTD3Q231Y3Y5Y7Y10YSince 03.15.13
IoT Ecosystem8.82-13.0511.370.265.527.5210.4611.70
S&P 50013.07-3.2821.6110.159.9212.2411.9112.50
Annual Index Performance % as of 2023-09-30
IoT Ecosystem-44.8113.9165.7845.91-9.3412.5713.21-3.0528.19-
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
IoT Ecosystem25.20.3716.12120.1141.8
S&P 50015.00.72-100.0100.0
Index Fundamentals as of 2023-09-30
BetaDividend YieldP / E Ratio
IoT Ecosystem1.340.52NA
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 (%)
Arlo Technologies Inc. 4.28
Universal Electronics Inc 4.21
Thermon Group Holdings Inc 4.19
Synaptics Inc 4.17
Hayward Holdings Inc. 4.15
CTS Corp 4.00
Ouster Inc 3.99
Immersion Corp 3.93
Skyworks Solutions Inc 3.85
Itron Inc 3.84