The S&P 500® Diversified Sector Weight Index reweights companies within the S&P 500 with the goal of reducing concentration risk and sector imbalances. The index equally weights each sector, sub-sector, industry, sub-industry and business activity in the S&P 500 using Syntax’s Functional Information System (FIS®) framework. Within each business activity, the index weights stocks proportionally to revenue generated within that business activity.
