Swiss Performance Index

Swiss Performance Index
Foundation1 June 1987 (publication 22 August)
OperatorSIX Swiss Exchange
ExchangesSIX Swiss Exchange
Trading symbolSXGE
Constituents214 (as of November 14, 2020)[1]
TypeAll-caps, total return index
Market capCHF 1,553 billion (full, end 2017)[2]
Weighting methodMarket-value-weighted
Related indicesSMI, SPI 20, SPI Extra
Websitesix-group.com
ISINCH0009987501
Reuters.SSHI
BloombergSPI:IND
Structure of the SPI-Family

The Swiss Performance Index (SPI) is a wide total-return index that tracks equity primarily listed on SIX Swiss Exchange with a free-float of at least 20%, and excluding investment companies.[1] The index covers large, mid and small caps and is weighted by market capitalization. Most constituents, although not all, are domiciled in Switzerland or the Principality of Liechtenstein.

The SPI is Switzerland's most closely followed performance index. It is used as a benchmark for mutual funds, index funds and ETFs, and as an underlying index for derivative financial instruments such as options, futures and structured products.

In 2020, the SPI, along with other SIX indices, was endorsed under the EU Benchmarks Regulation and is registered with the European Securities and Markets Authority, which means that it can be used as an underlying for financial products sold in the EU.[3]

  1. ^ a b "SPI - The Index of Swiss Shares". SIX Swiss Exchange. Retrieved 13 April 2019.
  2. ^ Cite error: The named reference factsheet was invoked but never defined (see the help page).
  3. ^ "Swiss Indices Endorsed Under the EU Benchmarks Regulation". SIX Swiss Exchange. Retrieved 12 April 2020.