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

38 Additions and 37 Deletions in S-Network Sharpe Ratio Index Quarterly Reconstitution

New York, NY, Thursday, September 7, 2017 — The S-Network Sharpe Ratio IndexSM (TICKER: SHRPX) will add 38 constituents and drop 37 constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, September 17, 2017, changing the number of index components to 49.

 

 The additions to SHRPX are: PVH Corp (TICKER: PVH UN), VF Corp (TICKER: VFC UN), Ralph Lauren Corp A (TICKER: RL UN), Hanesbrands Inc (TICKER: HBI UN), Scripps Networks Interactive A (TICKER: SNI UQ), Monster Beverage Corp New (TICKER: MNST UQ), Procter & Gamble (TICKER: PG UN), Tyson Foods Inc A (TICKER: TSN UN), Andeavor (TICKER: ANDV UN), Phillips 66 (TICKER: PSX UN), Valero Energy Corp (TICKER: VLO UN), EQT Corporation (TICKER: EQT UN), American Express Co (TICKER: AXP UN), T Rowe Price Group Inc (TICKER: TROW UQ), E*TRADE Financial Corp (TICKER: ETFC UQ), Nasdaq Inc (TICKER: NDAQ UQ), Alexion Pharmaceuticals Inc (TICKER: ALXN UQ), Gilead Sciences Inc (TICKER: GILD UQ), Unitedhealth Group Inc (TICKER: UNH UN), Biogen Inc (TICKER: BIIB UQ), AbbVie Inc. (TICKER: ABBV UN), Xylem Inc (TICKER: XYL UN), Boeing Co (TICKER: BA UN), Raytheon Co (TICKER: RTN UN), Hunt J.B. Transport Services (TICKER: JBHT UQ), Lockheed Martin (TICKER: LMT UN), Total System Services Inc (TICKER: TSS UN), VeriSign Inc (TICKER: VRSN UQ), Fidelity National Information (TICKER: FIS UN), Amphenol Corp A (TICKER: APH UN), Avery Dennison Corp (TICKER: AVY UN), LyondellBasell Industries N.V. (TICKER: LYB UN), Freeport-McMoRan Inc (TICKER: FCX UN), Packaging Corp of America (TICKER: PKG UN), NRG Energy (TICKER: NRG UN), FirstEnergy Corp (TICKER: FE UN), Ameren Corp (TICKER: AEE UN), WEC Energy Group Inc (TICKER: WEC UN).

 

 The deletions from SHRPX are: McDonald’s Corp (TICKER: MCD UN), Wynn Resorts Ltd (TICKER: WYNN UQ), Expedia (TICKER: EXPE UQ), Amazon.com Inc (TICKER: AMZN UQ), Marriott Intl A (TICKER: MAR UQ), Coca-Cola Co (TICKER: KO UN), Wal-Mart Stores (TICKER: WMT UN), The Williams Companies Inc (TICKER: WMB UN), Marathon Petroleum Corp. (TICKER: MPC UN), Exxon Mobil Corp (TICKER: XOM UN), Chesapeake Energy Corp (TICKER: CHK UN), Progressive Corp (TICKER: PGR UN), S&P Global Inc (TICKER: SPGI UN), Aon plc (TICKER: AON UN), Willis Towers Watson PLC (TICKER: WLTW UQ), Intuitive Surgical Inc (TICKER: ISRG UQ), Varian Medical Systems Inc (TICKER: VAR UN), Baxter Intl Inc (TICKER: BAX UN), PerkinElmer Inc (TICKER: PKI UN), Mettler-Toledo Intl (TICKER: MTD UN), Rockwell Collins (TICKER: COL UN), AMETEK Inc (TICKER: AME UN), 3M Co (TICKER: MMM UN), United Technologies Corp (TICKER: UTX UN), Ingersoll-Rand Plc (TICKER: IR UN), Adobe Systems Inc (TICKER: ADBE UQ), Activision Blizzard Inc (TICKER: ATVI UQ), Lam Research Corp (TICKER: LRCX UQ), Applied Materials Inc (TICKER: AMAT UQ), Albemarle Corp (TICKER: ALB UN), Ecolab Inc (TICKER: ECL UN), Praxair Inc (TICKER: PX UN), Ball Corp (TICKER: BLL UN), Xcel Energy Inc (TICKER: XEL UN), DTE Energy Co (TICKER: DTE UN), American Electric Power (TICKER: AEP UN), PPL Corp (TICKER: PPL 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