• S-Network Global Indexes
  • Posted September 12, 2018

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

New York, NY, Wednesday, September 12, 2018 — The S-Network Large-Cap Sharpe Ratio IndexSM (TICKER: SHRPX) will add 45 constituents and drop 42 constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, September 23, 2018, changing the number of index components to 50.

The additions to SHRPX are: Dollar General Corp (TICKER: DG US), TJX Cos Inc (TICKER: TJX US), O'Reilly Automotive (TICKER: ORLY US), Ross Stores Inc (TICKER: ROST US), Amazon.com Inc (TICKER: AMZN US), Costco Wholesale Corp (TICKER: COST US), Church & Dwight Co (TICKER: CHD US), McCormick & Co (TICKER: MKC US), Monster Beverage Corp New (TICKER: MNST US), The Williams Companies Inc (TICKER: WMB US), National Oilwell Varco Inc (TICKER: NOV US), Hess Corp (TICKER: HES US), ConocoPhillips (TICKER: COP US), Kinder Morgan Inc (TICKER: KMI US), Gallagher Arthur J. & Co (TICKER: AJG US), Cincinnati Financial Corp (TICKER: CINF US), US Bancorp (TICKER: USB US), Huntington Bancshares (OH) (TICKER: HBAN US), Anthem Inc (TICKER: ANTM US), Becton Dickinson & Co (TICKER: BDX US), Regeneron Pharmaceuticals Inc (TICKER: REGN US), Cintas Corp (TICKER: CTAS US), Flowserve Corp (TICKER: FLS US), Robert Half Intl Inc (TICKER: RHI US), United Continental Holding Inc (TICKER: UAL US), Copart Inc (TICKER: CPRT US), Advanced Micro Devices (TICKER: AMD US), VeriSign Inc (TICKER: VRSN US), Motorola Solutions Inc (TICKER: MSI US), Apple Inc. (TICKER: AAPL US), NetApp Inc (TICKER: NTAP US), Sherwin-Williams Co (TICKER: SHW US), Ball Corp (TICKER: BLL US), CF Industries Holdings (TICKER: CF US), PPG Industries Inc (TICKER: PPG US), Mosaic Co (TICKER: MOS US), Discovery, Inc C (TICKER: DISCK US), Walt Disney Co (TICKER: DIS US), Comcast Corp A (TICKER: CMCSA US), Twenty-First Century Fox Inc B (TICKER: FOX US), Dominion Energy Inc (TICKER: D US), Eversource Energy (TICKER: ES US), DTE Energy Co (TICKER: DTE US), FirstEnergy Corp (TICKER: FE US), Ameren Corp (TICKER: AEE US).

The deletions from SHRPX are: Chipotle Mexican Grill Inc. (TICKER: CMG UN), Ulta Beauty, Inc (TICKER: ULTA UQ), Under Armour Inc A (TICKER: UAA UN), Ralph Lauren Corp A (TICKER: RL UN), Tiffany & Co (TICKER: TIF UN), Sysco Corp (TICKER: SYY UN), Hormel Foods Corp (TICKER: HRL UN), Estee Lauder Cos. A (TICKER: EL UN), Andeavor (TICKER: ANDV UN), Phillips 66 (TICKER: PSX UN), Marathon Oil Corp (TICKER: MRO UN), Valero Energy Corp (TICKER: VLO UN), ONEOK Inc (TICKER: OKE UN), Nasdaq Inc (TICKER: NDAQ UQ), SVB Financial Group (TICKER: SIVB UQ), E*TRADE Financial Corp (TICKER: ETFC UQ), XL Group Ltd (TICKER: XL UN), Boston Scientific Corp (TICKER: BSX UN), Align Technology Inc (TICKER: ALGN UQ), Abiomed Inc (TICKER: ABMD UQ), CSX Corporation (TICKER: CSX UQ), Grainger W.W. Inc (TICKER: GWW UN), United Parcel Service Inc B (TICKER: UPS UN), TransDigm Group (TICKER: TDG UN), Expeditors Intl of WA Inc (TICKER: EXPD UQ), Gartner Inc (TICKER: IT UN), Citrix Systems Inc (TICKER: CTXS UQ), Intuit Inc (TICKER: INTU UQ), F5 Networks Inc (TICKER: FFIV UQ), Adobe Systems Inc (TICKER: ADBE UQ), Ecolab Inc (TICKER: ECL UN), Praxair Inc (TICKER: PX UN), FMC Corp (TICKER: FMC UN), Martin Marietta Materials (TICKER: MLM UN), Vulcan Materials Co (TICKER: VMC UN), CenturyLink Inc (TICKER: CTL UN), AT&T Inc (TICKER: T UN), Exelon Corp (TICKER: EXC UN), Nisource Inc (TICKER: NI UN), AES Corp (TICKER: AES UN), NextEra Energy Inc (TICKER: NEE UN), NRG Energy (TICKER: NRG 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