• S-Network Global Indexes
  • Posted December 7, 2017

36 Additions and 36 Deletions in S-Network Large-Cap Sharpe Ratio Index Quarterly Reconstitution

New York, NY, Thursday, December 7, 2017 — The S-Network Large-Cap Sharpe Ratio IndexSM (TICKER: SHRPX) will add 36 constituents and drop 36 constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, December 17, 2017, maintaining the number of index components at 48.

 

 The additions to SHRPX are: Air Products & Chemicals Inc (TICKER: APD UN), Align Technology Inc (TICKER: ALGN UQ), American Water Works Co Inc (TICKER: AWK UN), BlackRock Inc (TICKER: BLK UN), CME Group Inc A (TICKER: CME UQ), Concho Resources Inc (TICKER: CXO UN), Costco Wholesale Corp (TICKER: COST UQ), Deere & Co (TICKER: DE UN), Dollar Tree Inc (TICKER: DLTR UQ), Entergy Corp (TICKER: ETR UN), EOG Resources (TICKER: EOG UN), Exelon Corp (TICKER: EXC UN), Fluor Corp (TICKER: FLR UN), Harris Corp (TICKER: HRS UN), Helmerich & Payne Inc (TICKER: HP UN), Hilton Worldwide Holdings  Inc (TICKER: HLT UN), Home Depot Inc (TICKER: HD UN), Honeywell Intl Inc (TICKER: HON UN), Hormel Foods Corp (TICKER: HRL UN), Horton D.R. Inc (TICKER: DHI UN), Illinois Tool Works Inc (TICKER: ITW UN), Intel Corp (TICKER: INTC UQ), Intl Flavors & Fragrances (TICKER: IFF UN), Intuitive Surgical Inc (TICKER: ISRG UQ), Paychex Inc (TICKER: PAYX UQ), PerkinElmer Inc (TICKER: PKI UN), Praxair Inc (TICKER: PX UN), Public Service Enterprise Grp (TICKER: PEG UN), Pulte Group Inc (TICKER: PHM UN), Sherwin-Williams Co (TICKER: SHW UN), TE Connectivity Ltd. (TICKER: TEL UN), Texas Instruments Inc (TICKER: TXN UQ), Torchmark Corp (TICKER: TMK UN), United Rentals Inc (TICKER: URI UN), Wal-Mart Stores (TICKER: WMT UN), Zoetis Inc (TICKER: ZTS UN).

 

 The deletions from SHRPX are: Alexion Pharmaceuticals Inc (TICKER: ALXN UQ), Ameren Corp (TICKER: AEE UN), American Express Co (TICKER: AXP UN), Amphenol Corp A (TICKER: APH UN), Andeavor (TICKER: ANDV UN), Biogen Inc (TICKER: BIIB UQ), Boeing Co (TICKER: BA UN), Cabot Oil & Gas A (TICKER: COG UN), Constellation Brands Inc A (TICKER: STZ UN), E*TRADE Financial Corp (TICKER: ETFC UQ), EQT Corporation (TICKER: EQT UN), Estee Lauder Cos. A (TICKER: EL UN), Fidelity National Information (TICKER: FIS UN), FirstEnergy Corp (TICKER: FE UN), FMC Corp (TICKER: FMC UN), Freeport-McMoRan Inc (TICKER: FCX UN), Gilead Sciences Inc (TICKER: GILD UQ), Hanesbrands Inc (TICKER: HBI UN), Hunt J.B. Transport Services (TICKER: JBHT UQ), Lockheed Martin (TICKER: LMT UN), LyondellBasell Industries N.V. (TICKER: LYB UN), Nasdaq Inc (TICKER: NDAQ UQ), NextEra Energy Inc (TICKER: NEE UN), NRG Energy (TICKER: NRG UN), Packaging Corp of America (TICKER: PKG UN), PayPal Holdings Inc. (TICKER: PYPL UQ), Procter & Gamble (TICKER: PG UN), PVH Corp (TICKER: PVH UN), Ralph Lauren Corp A (TICKER: RL UN), Raytheon Co (TICKER: RTN UN), Scripps Networks Interactive A (TICKER: SNI UQ), Total System Services Inc (TICKER: TSS UN), Unitedhealth Group Inc (TICKER: UNH UN), VeriSign Inc (TICKER: VRSN UQ), VF Corp (TICKER: VFC UN), Xylem Inc (TICKER: XYL UN).

SHRPX is a portfolio of up to fifty stocks derived from the S&P 500. The SHRPX methodology selects the five stocks in each of the 10 GICS sectors (excluding Real Estate) making up the S&P 500 that have the highest Sharpe ratios as of the last business day of the second month of each calendar quarter. SHRPX is rules based and fully transparent, employing a methodology that weights all 50 index constituents equally. SHRPX excludes pass-through securities.

 

More information can be found at shrpx.snetglobalindexes.com.

 

Index: S-Network Large-Cap Sharpe Ratio Price Index TICKER: SHRPX

 

 

Index: S-Network Large-Cap Sharpe Ratio Total Return Index TICKER: SHRPXTR