• S-Network Global Indexes
  • Posted June 7, 2018

39 Additions and 38 Deletions in S-Network Large-Cap Sharpe Ratio Index Quarterly Reconstitution

New York, NY, Thursday, June 07, 2018 — The S-Network Large-Cap Sharpe Ratio IndexSM (TICKER: SHRPX) will add 39 constituents and drop 38 constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, June 17, 2018, changing the number of index components to 48.

The additions to SHRPX are: Ralph Lauren Corp A (TICKER: RL UN), Ulta Beauty, Inc (TICKER: ULTA UQ), Chipotle Mexican Grill Inc. (TICKER: CMG UN), Under Armour Inc A (TICKER: UAA UN), Tiffany & Co (TICKER: TIF UN), Sysco Corp (TICKER: SYY UN), Hormel Foods Corp (TICKER: HRL UN), Archer-Daniels-Midland Co (TICKER: ADM UN), Andeavor (TICKER: ANDV UN), Valero Energy Corp (TICKER: VLO UN), Phillips 66 (TICKER: PSX UN), Marathon Oil Corp (TICKER: MRO UN), MSCI Inc (TICKER: MSCI UN), E*TRADE Financial Corp (TICKER: ETFC UQ), Nasdaq Inc (TICKER: NDAQ UQ), SVB Financial Group (TICKER: SIVB UQ), XL Group Ltd (TICKER: XL UN), Abiomed Inc (TICKER: ABMD UQ), Align Technology Inc (TICKER: ALGN UQ), Centene Corp (TICKER: CNC UN), Lilly Eli & Co (TICKER: LLY UN), Boston Scientific Corp (TICKER: BSX UN), TransDigm Group (TICKER: TDG UN), CSX Corporation (TICKER: CSX UQ), Grainger W.W. Inc (TICKER: GWW UN), Expeditors Intl of WA Inc (TICKER: EXPD UQ), United Parcel Service Inc B (TICKER: UPS UN), Intuit Inc (TICKER: INTU UQ), Citrix Systems Inc (TICKER: CTXS UQ), Gartner Inc (TICKER: IT UN), F5 Networks Inc (TICKER: FFIV UQ), Adobe Systems Inc (TICKER: ADBE UQ), Ecolab Inc (TICKER: ECL UN), FMC Corp (TICKER: FMC UN), Martin Marietta Materials (TICKER: MLM UN), Vulcan Materials Co (TICKER: VMC UN), Praxair Inc (TICKER: PX UN), Exelon Corp (TICKER: EXC UN), Nisource Inc (TICKER: NI UN).

The deletions from SHRPX are: NetFlix Inc (TICKER: NFLX UQ), Amazon.com Inc (TICKER: AMZN UQ), Kohl's Corp (TICKER: KSS UN), Target Corp (TICKER: TGT UN), Tapestry, Inc (TICKER: TPR UN), Brown-Forman Corp B (TICKER: BF/B UN), Smucker J.M. Co (TICKER: SJM UN), Coty Inc. (TICKER: COTY UN), Anadarko Petroleum Corp (TICKER: APC UN), Noble Energy Inc (TICKER: NBL UN), Halliburton Co (TICKER: HAL UN), Helmerich & Payne Inc (TICKER: HP UN), S&P Global Inc (TICKER: SPGI UN), Comerica Inc (MI) (TICKER: CMA UN), Regions Financial Corp (TICKER: RF UN), PNC Finl Services Group (TICKER: PNC UN), Bank of America Corp (TICKER: BAC UN), IDEXX Laboratories Inc (TICKER: IDXX UQ), Envision Healthcare Corp (TICKER: EVHC UN), HCA Healthcare Inc (TICKER: HCA UN), Edwards Lifesciences Corp (TICKER: EW UN), Express Scripts Holding Co. (TICKER: ESRX UQ), Boeing Co (TICKER: BA UN), Raytheon Co (TICKER: RTN UN), Fluor Corp (TICKER: FLR UN), Northrop Grumman Corp (TICKER: NOC UN), Lockheed Martin (TICKER: LMT UN), Seagate Technology (TICKER: STX UQ), Total System Services Inc (TICKER: TSS UN), Cisco Systems Inc (TICKER: CSCO UQ), Cognizant Tech Solutions Corp (TICKER: CTSH UQ), Hewlett Packard Enterprise Co (TICKER: HPE UN), Eastman Chemical Co (TICKER: EMN UN), CF Industries Holdings (TICKER: CF UN), Nucor Corp (TICKER: NUE UN), Freeport-McMoRan Inc (TICKER: FCX UN), FirstEnergy Corp (TICKER: FE UN), SCANA Corp (TICKER: SCG 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