The SPI Extra is a stock index which tracks mid-cap and small-cap companies primarily listed in Switzerland. The index is calculated by

SIX Swiss Exchange SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zurich, is Switzerland's principal stock exchange (the other being Berne eXchange). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as ...

. It includes all the shares from the

Swiss Performance Index 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. The index covers large, mid and small caps and is w ...

(SPI) that are not included in the Swiss Market Index (SMI). It is therefore often used in investment portfolios such as exchange-traded funds (ETFs), as a small-cap and mid-cap benchmark that complements the SMI. The SPI Extra was introduced on 29 April 2004, computed back to 3 January 1996 with a baseline value of 1000 points as of 31 December 1999.

Constituents

The index contains all the companies that are in the

(SPI), but not among the 20 blue chips that are in the Swiss Market Index (SMI), or equivalently the

SPI 20 The SPI 20 is a capitalization-weighted stock index of large-cap companies listed on the SIX Swiss Exchange. It is made up of the same components as the Swiss Market Index, except that it does not have any cap on the maximum percentage that a co ...

. While the SPI Extra overlaps with the SPI Mid+Small, it does not fully coincide because the SMI criteria are not only based on market capitalisation, but also on liquidity.

Tickers

The following are the tickers for the SPI Extra total return, which takes dividends into account. There is also a version of the SPI Extra as a price index. *

: SPIEX * Swiss Valoren number: 1781097

References

{{reflist Swiss stock market indices

Constituents

Tickers

See also

References