• S-Network Global Indexes
  • Posted December 19, 2018

42 Additions and 42 Deletions in S-Network Large-Cap Sharpe Ratio Index Quarterly Reconstitution

New York, NY, Wednesday, December 19, 2018 — The S-Network Large-Cap Sharpe Ratio IndexSM (TICKER: SHRPX) will add 42 constituents and drop 42 constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, December 23, 2018, maintaining the number of index components at 50.

The additions to SHRPX are: Omnicom Group (TICKER: OMC UN), Discovery, Inc A (TICKER: DISCA UQ), TripAdvisor Inc. A (TICKER: TRIP UQ), McDonald's Corp (TICKER: MCD UN), Starbucks Corp (TICKER: SBUX UQ), Ulta Beauty, Inc (TICKER: ULTA UQ), Foot Locker Inc (TICKER: FL UN), L Brands Inc (TICKER: LB UN), Coca-Cola Co (TICKER: KO UN), Hormel Foods Corp (TICKER: HRL UN), Clorox Co (TICKER: CLX UN), Walgreens Boots Alliance Inc (TICKER: WBA UQ), Exxon Mobil Corp (TICKER: XOM UN), Chevron Corp (TICKER: CVX UN), Cabot Oil & Gas A (TICKER: COG UN), Concho Resources Inc (TICKER: CXO UN), Cimarex Energy Co (TICKER: XEC UN), Aon plc (TICKER: AON UN), Intercontinental Exchange Inc (TICKER: ICE UN), CME Group Inc A (TICKER: CME UQ), Willis Towers Watson PLC (TICKER: WLTW UQ), Johnson & Johnson (TICKER: JNJ UN), Merck & Co Inc (TICKER: MRK UN), Cigna Corporation (TICKER: CI UN), Schein Henry Inc (TICKER: HSIC UQ), Pfizer Inc (TICKER: PFE UN), Republic Services Inc (TICKER: RSG UN), Cummins Inc (TICKER: CMI UN), Deere & Co (TICKER: DE UN), Alaska Air Group Inc (TICKER: ALK UN), Gartner Inc (TICKER: IT UN), Broadcom Inc (TICKER: AVGO UQ), Xilinx Inc (TICKER: XLNX UQ), Symantec Corp (TICKER: SYMC UQ), Red Hat Inc (TICKER: RHT UN), Ecolab Inc (TICKER: ECL UN), Intl Flavors & Fragrances (TICKER: IFF UN), Newmont Mining Corp (TICKER: NEM UN), Xcel Energy Inc (TICKER: XEL UQ), Pinnacle West Capital (AZ) (TICKER: PNW UN), AES Corp (TICKER: AES UN), SCANA Corp (TICKER: SCG UN).

The deletions from SHRPX are: Walt Disney Co (TICKER: DIS UN), Comcast Corp A (TICKER: CMCSA UQ), Discovery, Inc C (TICKER: DISCK UQ), TJX Cos Inc (TICKER: TJX UN), Dollar General Corp (TICKER: DG UN), Ross Stores Inc (TICKER: ROST UQ), O'Reilly Automotive (TICKER: ORLY UQ), Amazon.com Inc (TICKER: AMZN UQ), Archer-Daniels-Midland Co (TICKER: ADM UN), Costco Wholesale Corp (TICKER: COST UQ), Church & Dwight Co (TICKER: CHD UN), Monster Beverage Corp New (TICKER: MNST UQ), Kinder Morgan Inc (TICKER: KMI UN), The Williams Companies Inc (TICKER: WMB UN), ConocoPhillips (TICKER: COP UN), National Oilwell Varco Inc (TICKER: NOV UN), Hess Corp (TICKER: HES UN), US Bancorp (TICKER: USB UN), Cincinnati Financial Corp (TICKER: CINF UQ), Huntington Bancshares (OH) (TICKER: HBAN UQ), MSCI Inc (TICKER: MSCI UN), Becton Dickinson & Co (TICKER: BDX UN), Lilly Eli & Co (TICKER: LLY UN), Anthem Inc (TICKER: ANTM UN), Centene Corp (TICKER: CNC UN), Regeneron Pharmaceuticals Inc (TICKER: REGN UQ), Cintas Corp (TICKER: CTAS UQ), Robert Half Intl Inc (TICKER: RHI UN), Copart Inc (TICKER: CPRT UQ), Flowserve Corp (TICKER: FLS UN), Motorola Solutions Inc (TICKER: MSI UN), Apple Inc. (TICKER: AAPL UQ), VeriSign Inc (TICKER: VRSN UQ), NetApp Inc (TICKER: NTAP UQ), Advanced Micro Devices (TICKER: AMD UQ), Sherwin-Williams Co (TICKER: SHW UN), PPG Industries Inc (TICKER: PPG UN), CF Industries Holdings (TICKER: CF UN), DTE Energy Co (TICKER: DTE UN), Dominion Energy Inc (TICKER: D UN), Ameren Corp (TICKER: AEE UN), FirstEnergy Corp (TICKER: FE 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