The SPI Extra is a stock index which tracks mid-cap and

small-cap A small cap company is a company whose market capitalization ( shares x value of each share) is considered small. In the United States, this includes market caps from $250 million to $2 billion (as of 2022). Overview A small cap company typicall ...

companies primarily listed in

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

. The index is calculated by

SIX Swiss Exchange SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other security (finance), securities such as Swiss government bonds and deriv ...

. 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 ...

(SPI) that are not included in the

Swiss Market Index The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI i ...

(SMI). It is therefore often used in investment portfolios such as

exchange-traded fund An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or comm ...

s (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

(SMI), or equivalently the SPI 20. 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 The VALOR number is a code which identifies listed securities and financial instruments in Switzerland, and serves a similar purpose to CUSIP or WKN in the North American or German markets respectively. The VALOR number is incorporated in the Swis ...

: 1781097

References

{{reflist Swiss stock market indices

Constituents

Tickers

See also

References