• S-Network Global Indexes
  • Posted March 8, 2018

43 Additions and 43 Deletions in S-Network Large-Cap Sharpe Ratio Index Quarterly Reconstitution

New York, NY, Thursday, March 8, 2018 — The S-Network Large-Cap Sharpe Ratio IndexSM (TICKER: SHRPX) will add 43 constituents and drop 43 constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, March 18, 2018, maintaining the number of index components at 48.

 

 The additions to SHRPX are: NetFlix Inc (TICKER: NFLX US), Amazon.com Inc (TICKER: AMZN US), Kohl’s Corp (TICKER: KSS US), Tapestry, Inc (TICKER: TPR US), Target Corp (TICKER: TGT US), Brown-Forman Corp B (TICKER: BF/B US), Estee Lauder Cos. A (TICKER: EL US), Dr Pepper Snapple Group (TICKER: DPS US), Smucker J.M. Co (TICKER: SJM US), Coty Inc. (TICKER: COTY US), Anadarko Petroleum Corp (TICKER: APC US), Halliburton Co (TICKER: HAL US), ONEOK Inc (TICKER: OKE US), Noble Energy Inc (TICKER: NBL US), Regions Financial Corp (TICKER: RF US), Comerica Inc (MI) (TICKER: CMA US), Bank of America Corp (TICKER: BAC US), PNC Finl Services Group (TICKER: PNC US), S&P Global Inc (TICKER: SPGI US), IDEXX Laboratories Inc (TICKER: IDXX US), Envision Healthcare Corp (TICKER: EVHC US), HCA Healthcare Inc (TICKER: HCA US), Express Scripts Holding Co. (TICKER: ESRX US), Edwards Lifesciences Corp (TICKER: EW US), Boeing Co (TICKER: BA US), Raytheon Co (TICKER: RTN US), Northrop Grumman Corp (TICKER: NOC US), Lockheed Martin (TICKER: LMT US), Seagate Technology (TICKER: STX US), Hewlett Packard Enterprise Co (TICKER: HPE US), Total System Services Inc (TICKER: TSS US), Cisco Systems Inc (TICKER: CSCO US), Cognizant Tech Solutions Corp (TICKER: CTSH US), Freeport-McMoRan Inc (TICKER: FCX US), Nucor Corp (TICKER: NUE US), Eastman Chemical Co (TICKER: EMN US), Monsanto Co. (TICKER: MON US), CF Industries Holdings (TICKER: CF US), AES Corp (TICKER: AES US), SCANA Corp (TICKER: SCG US), FirstEnergy Corp (TICKER: FE US), NextEra Energy Inc (TICKER: NEE US), NRG Energy (TICKER: NRG US).

 

 The deletions from SHRPX are: Hilton Worldwide Holdings  Inc (TICKER: HLT US), Home Depot Inc (TICKER: HD US), Dollar Tree Inc (TICKER: DLTR US), Horton D.R. Inc (TICKER: DHI US), Pulte Group Inc (TICKER: PHM US), Costco Wholesale Corp (TICKER: COST US), Monster Beverage Corp New (TICKER: MNST US), Walmart Inc. (TICKER: WMT US), Hormel Foods Corp (TICKER: HRL US), Tyson Foods Inc A (TICKER: TSN US), Concho Resources Inc (TICKER: CXO US), Valero Energy Corp (TICKER: VLO US), EOG Resources (TICKER: EOG US), Phillips 66 (TICKER: PSX US), CME Group Inc A (TICKER: CME US), BlackRock Inc (TICKER: BLK US), T Rowe Price Group Inc (TICKER: TROW US), Torchmark Corp (TICKER: TMK US), Cboe Global Markets, Inc (TICKER: CBOE US), Zoetis Inc (TICKER: ZTS US), AbbVie Inc. (TICKER: ABBV US), Intuitive Surgical Inc (TICKER: ISRG US), PerkinElmer Inc (TICKER: PKI US), Align Technology Inc (TICKER: ALGN US), United Rentals Inc (TICKER: URI US), Harris Corp (TICKER: HRS US), Deere & Co (TICKER: DE US), Honeywell Intl Inc (TICKER: HON US), Illinois Tool Works Inc (TICKER: ITW US), TE Connectivity Ltd. (TICKER: TEL US), Texas Instruments Inc (TICKER: TXN US), Intel Corp (TICKER: INTC US), Paychex Inc (TICKER: PAYX US), Avery Dennison Corp (TICKER: AVY US), Sherwin-Williams Co (TICKER: SHW US), Air Products & Chemicals Inc (TICKER: APD US), Praxair Inc (TICKER: PX US), Intl Flavors & Fragrances (TICKER: IFF US), Public Service Enterprise Grp (TICKER: PEG US), Entergy Corp (TICKER: ETR US), Exelon Corp (TICKER: EXC US), American Water Works Co Inc (TICKER: AWK US), WEC Energy Group Inc (TICKER: WEC US).

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