Forty-four Additions/Forty-two Deletions in S-Network Large Cap Sharpe Ratio Index Quarterly Reconstitution
New York, NY, June 8, 2016 – The S-Network Large Cap Sharpe Ratio Index (Ticker: SHRPX) will add forty-four new constituents in its quarterly reconstitution, effective 6:00 PM (EST) Sunday, June 19, 2016. Forty-two stocks will be removed, changing the number of index components to 50.
The additions to SHRPX are: Lowe's Cos Inc (TICKER: LOW UN), Johnson Controls Inc (TICKER: JCI UN), Amazon.com Inc (TICKER: AMZN UQ), Newell Brands Inc (TICKER: NWL UN), Ulta Salon Cosmetics & Fragr (TICKER: ULTA UQ), Molson Coors Brewing Co B (TICKER: TAP UN), Archer-Daniels-Midland Co (TICKER: ADM UN), Philip Morris International (TICKER: PM UN), Church & Dwight Co (TICKER: CHD UN), Monster Beverage Corp New (TICKER: MNST UQ), ONEOK Inc (TICKER: OKE UN), Columbia Pipeline Group (TICKER: CPGX UN), Newfield Exploration Co (TICKER: NFX UN), Devon Energy Corp (TICKER: DVN UN), Southwestern Energy Co (TICKER: SWN UN), Gallagher Arthur J. & Co (TICKER: AJG UN), Comerica Inc (MI) (TICKER: CMA UN), S&P Global Inc (TICKER: SPGI UN), Unum Group (TICKER: UNM UN), Zimmer Biomet Holdings Inc (TICKER: ZBH UN), Boston Scientific Corp (TICKER: BSX UN), Bard C.R. Inc (TICKER: BCR UN), Agilent Technologies Inc (TICKER: A UN), DaVita HealthCare Partners Inc (TICKER: DVA UN), Dun & Bradstreet Corp (TICKER: DNB UN), Xylem Inc (TICKER: XYL UN), Equifax Inc (TICKER: EFX UN), Stanley Black & Decker (TICKER: SWK UN), Jacobs Engineering Group Inc (TICKER: JEC UN), Total System Services Inc (TICKER: TSS UN), Fidelity National Information (TICKER: FIS UN), Nvidia Corp (TICKER: NVDA UQ), Salesforce.com (TICKER: CRM UN), Accenture plc A (TICKER: ACN UN), Martin Marietta Materials (TICKER: MLM UN), Intl Flavors & Fragrances (TICKER: IFF UN), Vulcan Materials Co (TICKER: VMC UN), Nucor Corp (TICKER: NUE UN), Avery Dennison Corp (TICKER: AVY UN), Centerpoint Energy Inc (TICKER: CNP UN), NRG Energy (TICKER: NRG UN), Sempra Energy (TICKER: SRE UN), American Water Works Co Inc (TICKER: AWK UN), and PPL Corp (TICKER: PPL UN).
The deletions from SHRPX are:Dollar General Corp (TICKER: DG UN), Urban Outfitters (TICKER: URBN UQ), Coach Inc (TICKER: COH UN), Mattel Inc (TICKER: MAT UQ), Michael Kors Holdings Ltd (TICKER: KORS UN), Wal-Mart Stores (TICKER: WMT UN), Tyson Foods Inc A (TICKER: TSN UN), Campbell Soup Co (TICKER: CPB UN), Kimberly-Clark (TICKER: KMB UN), Hormel Foods Corp (TICKER: HRL UN), Exxon Mobil Corp (TICKER: XOM UN), EQT Corporation (TICKER: EQT UN), Cabot Oil & Gas A (TICKER: COG UN), Spectra Energy Corp (TICKER: SE UN), Cincinnati Financial Corp (TICKER: CINF UQ), Allstate Corp (TICKER: ALL UN), Progressive Corp (TICKER: PGR UN), Nasdaq Inc (TICKER: NDAQ UQ), Unitedhealth Group Inc (TICKER: UNH UN), Baxalta Inc (TICKER: BXLT UN), Intuitive Surgical Inc (TICKER: ISRG UQ), Edwards Lifesciences Corp (TICKER: EW UN), Schein Henry Inc (TICKER: HSIC UQ), Nielsen Holdings plc (TICKER: NLSN UN), Republic Services Inc (TICKER: RSG UN), Grainger W.W. Inc (TICKER: GWW UN), Fastenal Co (TICKER: FAST UQ), CA Inc (TICKER: CA UQ), EMC Corp (TICKER: EMC UN), QUALCOMM Inc (TICKER: QCOM UQ), PayPal Holdings Inc. (TICKER: PYPL UQ), First Solar Inc (TICKER: FSLR UQ), Freeport-McMoRan Inc (TICKER: FCX UN), Newmont Mining Corp (TICKER: NEM UN), Alcoa Inc (TICKER: AA UN), Sealed Air Corp (TICKER: SEE UN), NextEra Energy Inc (TICKER: NEE UN), WEC Energy Group Inc (TICKER: WEC UN), CMS Energy Corp (TICKER: CMS UN), Edison Intl (TICKER: EIX UN), Consolidated Edison Inc (TICKER: ED UN), CONSOL Energy Inc (TICKER: CNX 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 ten GICS sectors that make up the S&P500 which 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.
Index: S-Network Large-Cap Sharpe Ratio Price Index TICKER: SHRPX
Index: S-Network Large-Cap Sharpe Ratio Total Return Index TICKER: SHRPXTR
S-Network Global Indexes, Inc. is a publisher and developer of proprietary and custom indexes. Founded in 1997, S-Network publishes over 200 indexes, which serve as the underlying portfolios for financial products with approximately USD 7 billion in assets under management. S-Network indexes, which are supported by a state-of-the-art technology platform, are known for their transparency and efficiency. More...
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