• S-Network Global Indexes
  • Posted September 21, 2018

Rule Change for S-Network Large-Cap Sharpe Ratio Index

New York, NY, Friday, September 21, 2018 — S-Network Global Indexes today announced effective September 24, 2018, the methodology for the S-Network Large-Cap Sharpe Ratio IndexSM (TICKER: SHRPX) will be updated to reflect changes to the GICS structure and naming.

As a result of the GICS restructuring and renaming of Sector 50 from “Telecommunication Services” to “Communication Services”, SHRPX will include stocks from the Communication Services sector. Historical index values and sector allocations will not be affected by this change.

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