SPI Index components | values (CH0009987501)
The Swiss Performance Index (SPI) is, alongside the Swiss Market Index (SMI), the most widely observed stock index in Switzerland. It is calculated and published by SIX Swiss Exchange. The SPI comprises nearly all Swiss listed companies, making it the overall market index for the Swiss stock market. The SPI is divided into numerous sub-indices by sector and capitalization. Together, these indices form the SPI family. As of January 4, 2019, the universe of the SPI family includes 213 equities.
The SPI is a dividend-adjusted stock index (total return index), which means that dividend payments are taken into account in the index's performance. The index divisor is adjusted with each dividend payment. However, there is also an non-dividend-adjusted version (price index) of the SPI.
WHAT IS THE SPI INDEX?
The SPI (Swiss Performance Index) is a stock index that reflects the price performance of the 230 largest and most liquid companies listed on the SIX Swiss Exchange. It is calculated as a total index that includes both large-cap and small-cap companies.
The SPI is calculated as a price index, which means that dividends paid by companies are not included in the index. The weighting of companies in the SPI is based on their market capitalization and the so-called "free float," or the percentage of shares that are freely tradable.
Companies included in the SPI include Nestlé, Novartis, Roche, UBS, and Credit Suisse, among others. The SPI is the most important stock index in Switzerland and is calculated and published by SIX Swiss Exchange. It is considered an important indicator for the performance of the Swiss stock market.