The companies listed on the stock exchange vary significantly in a range of aspects, for example as regards
their sector and size. In the case of size the measure used is the market capitalisation.
This measures the
number of shares multiplied by the price per share. A distinction is made between companies with large
market capitalisations (blue chip),
medium capitalisations (mid cap) and
small capitalisations (small cap).
This distinction is generally reflected in stock indices.
A stock index shows the overall
price performance
of a particular category of shares. This can be all blue chip shares in a particular country or all
shares from a particular sector. The SIX Swiss Exchange offers a wide array of stock indices.
Apart from renowned indices
such as the SPI®, SMI® and SLI®, it also calculates a variety of other industry, sector and customer
indices. Further information is available under Indices.
SMI® family
The SMI® is the blue
chip index and the most important stock index in Switzerland. The SMI® comprises the
20 largest stocks.
The SMI MID and the
SMI Expanded® also belong to
this family.
The SMI MID comprises the 30 largest mid-cap stocks in the Swiss equity market which are not
already included in the blue chip SMI® index.
The SMIM® comprises the SMI® and SMIM® indices
and hence the 50 most highly capitalised stocks in the Swiss equity market.
more
SPI® family
The SPI® Swiss Performance Index (SPI) is the broad market index for the Swiss
equity market and
contains virtually all of the shares traded on the SIX Swiss Exchange from companies that are based
in Switzerland or
the Principality of Liechtenstein. Foreign companies listed on the SIX Swiss Exchange can also apply to be
included in
the index. The indices SPI EXTRA®
and SPI® ex SLI® also
belong to
the SPI® family. The SPI EXTRA enables investors to track the performance of small and mid-caps
not included
in the SMI® and the SPI® ex SLI® shares not included in the SLI®.
more
Swiss Leader Index
The SLI® Swiss Leader Index
comprises the shares of the SMI® and the 10 largest
stocks in the SMIM®. It therefore includes the 30 largest and most
liquid stocks on the Swiss equity market.
more
SXI® family
The SXI® Special Industry Index family comprises sectors of particular importance for the Swiss economy.
The SXI® life sciences tracks
the prominent pharma, medtech and biotech sectors. The
SXI Bio+Medtech® covers biotechnology,
advanced medical devices, medical supplies and health care providers.
more
Other indices
The dividend points indices serve as underlyings for standardised products and can be used
for institutional investors to reduce dividend risk.
more
The Swiss All Share Index
comprises all shares from companies based in Switzerland and
the Principality of Liechtenstein. It also contains stocks which are not included in the SPI® because
of the minimum free float of 20%.
more
The index of investment companies comprises all investment companies listed on
the SIX Swiss Exchange.
more
The VSMI model aims
to make pure volatility tradable.
The index creates a portfolio which does not respond to price fluctuations,
but only to changes in volatility.
more
The SWX IAZI Real Estate Indices for Swiss real estate are based on a pool
of transaction data. They are published quarterly.
more
Customer indices
The UBS 100 index comprises the 100 most highly capitalised
companies of the SPI®.
more
The Sarasin Swiss IPO Index reflects all primary-listed stocks on the SIX Swiss Exchange for a period of up to a
year subsequent to their
IPO.
more
