SYTXSSC | Texas Capital Texas Small Cap Equity Index
The Texas Capital Texas Small Cap Equity Index measures the performance of the subset of the 2200 smallest companies in the Syntax US 3000 Index that are domiciled in the state of Texas. The index is weighted by float-adjusted market capitalization with industry weights set proportional to the state of Texas's industry GDP at each rebalance.
Index Facts
| Number of Constituents | 178 |
| Weighting Methodology | Float Market Cap, Industry Constrained |
| Rebalancing Frequency | Quarterly |
| Currency | USD |
| Exchange Symbol/Ticker | SYTXSSC |
| Index Inception Date | September 5, 2023 |
| Total Return Index Value as of 12/13/2023 | 4710.05 |
Index Performance
| YTD | 3Q23 | 1Y | 3Y | 5Y | 7Y | 10Y | Since 09.16.05 | |
|---|---|---|---|---|---|---|---|---|
| TexasCapital Texas SmCap | 16.82 | -1.36 | 27.77 | 31.81 | 6.25 | 8.42 | 5.44 | 8.81 |
| Syntax US SmallCap 2000 | 1.82 | -5.89 | 8.45 | 7.02 | 1.82 | 6.31 | 6.52 | 7.42 |
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| TexasCapital Texas SmCap | -14.67 | 60.87 | 1.10 | 13.01 | -11.83 | -0.15 | 25.01 | -16.71 | -8.05 | 41.30 |
| Syntax US SmallCap 2000 | -21.92 | 15.25 | 20.39 | 24.76 | -10.89 | 15.27 | 21.79 | -5.25 | 5.20 | 41.37 |
| Vol. | Sharpe Ratio | Track. Err. | Upside Capture | Down. Capture | |
|---|---|---|---|---|---|
| TexasCapital Texas SmCap | 30.8 | 0.14 | 16.97 | 112.6 | 119.3 |
| Syntax US SmallCap 2000 | 20.6 | 0.26 | - | 100.0 | 100.0 |
| Beta | Dividend Yield | P / E Ratio | |
|---|---|---|---|
| TexasCapital Texas SmCap | 1.28 | 1.42 | 28.7 |
| Syntax US SmallCap 2000 | 1.00 | 2.12 | NA |
NA denotes negative valuation.
| Company | Weight (%) |
|---|---|
| NOW Inc. | 5.12 |
| AMN Healthcare Services Inc | 4.44 |
| Howard Hughes Holdings Inc | 4.08 |
| MRC Global Inc | 3.48 |
| Addus HomeCare Corp | 3.20 |
| US Physical Therapy Inc | 3.18 |
| Insperity Inc. | 2.30 |
| Netstreit Corp | 2.20 |
| DXP Enterprises | 1.95 |
| Kirby Corp | 1.89 |
Past performance is no guarantee of future results. The inception date of the Texas Capital Texas Small Cap Equity Index (the “Index”) is September 5, 2023. Charts and graphs are provided for illustrative purposes only.
The Index is the property of Texas Capital Bank. Syntax, LLC calculates and maintains the Index. Syntax, LLC will not be liable for any errors or omissions in calculating the Index.
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. Neither the Index nor any 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.
Top holdings and security classifications used in calculating allocation tables are based on ending weight as of 09/30/2023.