Syntax Indices

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Featured Index

Syntax Emerging AI Leaders Index (SYAIX)

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Discover disruptive startups and pioneers redefining artificial intelligence and machine learning, driving the trends shaping the future of tech.

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FAQ

What makes the index creation process at Syntax unique?

Our FIS® company classifications enable the highly efficient and flexible creation of thematic indices, as well as blending of the companies’ granular exposure data with other types of data to enhance the precision of ESG and other investment goals. Furthermore, this data is leveraged by our deeply experienced team with collective decades of indexing know-how across numerous approaches to index methodologies.

Do you incorporate alternative data sets into the index construction process?

Yes, combining our proprietary FIS® data with alternative data sets enriches the index construction process by helping to better identify companies that less nuanced indexing systems might miss, and finely tune the weight allocations to those companies depending on the investment thesis. This allows our clients to specify portfolios that are better equipped to handle the preferences of end investors.

What is the typical backtest length for your indices?

Our main suite of benchmark indices goes back to 1999, allowing us to run 20+ year backtests building from those universes. Certain strategies require data that limits the backtest length; for example, a thematic index may focus on an industry that only came into existence during the last several years. In such cases, we evaluate each individual situation to determine how far back to go, while maintaining index baskets that would have existed as of the beginning of the backtest.

Which index variants are you able to calculate and publish?

We routinely calculate Price Return, Gross Total Return, and Net Total Return index variants in USD, EUR, and other currencies. We also run some more niche calculations as needed to suit the index methodology, particularly for multi-asset strategies and those that involve controls of volatility or leverage.

What files does Syntax provide once an index is launched into production?

We provide a daily comprehensive set of files showing index-level data, corporation actions, market-close index constituents, and adjusted-close index constituents. Leading up to a rebalancing, we also provide pro forma constituent files.

Do you provide real-time index calculation?

Our index production platform calculates end-of-day (EOD) index levels that are distributed via Global Index Feeds (GIFs). Real-time or intraday index calculations are outsourced under our supervision, picking up each morning from our prior EOD calculations.

Do you provide any post-launch support for indices once licensed and launched?

Yes, in addition to ongoing analytics support, we produce timely research pieces and participate in industry events and webinars to highlight the indices.

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Resources

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