SYSAAS | Syntax SaaS Index

Index Description

The Syntax SaaS Index equally weights up to 50 publicly traded US companies that provide software-as-a-service products. The Index applies screens for thematic purity of exposure, liquidity, and size, and defines business segments including SaaS for the healthcare & life science, business processing, financial technology, sales and marketing, consumer, government, communications, and IT industries.

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 50
Weighting Methodology Equal
Rebalancing Frequency Quarterly
Currency USD
Exchange Symbol/Ticker SYSAAS
Index Inception Date December 16, 2022
Total Return Index Value as of 12/13/2023 4483.13

Index Performance

Multi-Horizon Returns % as of 2023-09-30
YTD3Q231Y3Y5Y7Y10YSince 03.15.13
S&P 50013.07-3.2821.6110.159.9212.2411.9112.50
Annual Index Performance % as of 2023-09-30
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
S&P 50015.00.72-100.0100.0
Index Fundamentals as of 2023-09-30
BetaDividend YieldP / E Ratio
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 (%)
CCC Intelligent Solutions Holdings Inc 2.61
Elastic NV 2.19
CrowdStrike Holdings Inc 2.15
New Relic Inc 2.15
Bentley Systems Inc 2.14
Nutanix Inc 2.12
Smartsheet Inc 2.12
Dropbox Inc. 2.11
PowerSchool Holdings Inc 2.11
Qualys Inc. 2.10