SPI Companies

The Swiss Performance Index SPI is Switzerland’s most closely followed performance index. It is a dividend-corrected index that includes all SWX Swiss Exchange-traded equity securities of companies domiciled in Switzerland or the Principality of Liechtenstein.

The underlying share universe includes approximately 230 equity issues. For a company’s shares to be included, the company must be domiciled in Switzerland and the shares must have a free float equal to or greater than 20%. In 1998, all investment companies were taken out of the SPI Family and put into the specially designed Investment Index.


The SPI is divided into sectors on the basis of economic activity. This classification is based on the International Classification Benchmark ICB from Dow Jones and FTSE, which simplifies international performance comparisons significantly. Two other classification systems are used as well: classification based on market capitalisation (small, middle, large) and security category (registered shares, bearer share, participation certificates).


Paid prices are taken into account in calculating the SPI as a whole. If no paid prices are available, the index is calculated on the basis of bid prices. The index is recalculated and published every three minutes.


Base date

The SPI has been calculated since 1 June 1987. On this date (basis date), the index level was set to 1000 points.


Consideration of dividends

The SPI is a dividend-adjusted share index (total return index). This means that dividend payments are taken into account in the development of the index. For each dividend payment, the divisor of the index is adjusted. – There is also a non-dividend-corrected variant (price index) of the SPI.


Title universe

The SPI comprises, according to the SPI Index Rules, all share classes which are primarily listed on the SIX Swiss Exchange, but with two exceptions:

Equity securities with a freely tradeable share (free float) of less than 20% are not included in the SPI due to their limited liquidity (tradability).
Investment companies are not included in the SPI to avoid double counting. Only if an investment company exclusively invests in non-SIX companies listed on the SIX, it may be admitted to the SPI at its own request.


As a matter of principle, only company titles from Swiss companies with legal domicile in Switzerland or the Principality of Liechtenstein are included in the SPI. Upon request, a primary listing company domiciled outside Switzerland may be included if it fulfills certain conditions with respect to the reporting obligations under the stock exchange laws.


Companies included in the SPI:

ABB Feintool International Holding Perfect Holding
Accu Holding Flughafen Zürich AG Perrot Duval Holding
Actelion Forbo Holding Phoenix Mecano
Addex Pharmaceuticals Galenica Plazza
Adecco GAM PSP Swiss Property
Adval Tech Holding Gategroup Repower
Advanced Digital Broadcast Holdings Geberit Richemont
AFG Arbonia-Forster-Holding Georg Fischer AG Rieter
Airesis Givaudan Romande Energie Holding
Allreal Holding Glarner Kantonalbank Santhera Pharmaceuticals Holding
Also Holding Goldbach Group Schaffner Holding
ams AG 1 Gottex Fund Management Holdings 1 Schindler Holding
APG SGA AG Graubündner Kantonalbank Schlatter Holding
Aryzta Groupe Minoteries Schmolz + Bickenbach
Ascom Gurit Holding Schweiter Technologies
Autoneum Helvetia Holding Schweizerische Nationalbank
Bachem Holding HIAG Immobilien Schweizerische National-Versicherungs-Gesellschaft
Bâloise Highlight Event and Entertainment SFS Group
Bank Coop Hochdorf_Holding SHL Telemedicine 1
Bank Linth LLB Hoffmann-La Roche Siegfried Holding
Banque Cantonale de Genève Huber+Suhner Sika AG
Banque Cantonale du Jura Hügli Holding Société Générale de Surveillance
Banque Cantonale Vaudoise Hypothekarbank Lenzburg Sonova
Banque Profil de Gestion Implenia St.Galler Kantonalbank
Barry Callebaut INFICON Starrag Group
Basellandschaftliche Kantonalbank Interroll Holding Straumann
Basilea Pharmaceutica Intershop Holding Sulzer AG
Basler Kantonalbank IVF Hartmann Holding Sunrise
Belimo Holding Julius Bär Holding Swatch Group
Bell Holding Jungfraubahn Swiss Finance & Property Investment
Bellevue Group Kardex Swiss Life
Berner Kantonalbank AG Komax Holding Swiss Prime Site
BFW Liegenschaften Kudelski Swiss Re
BKW Energie Kühne + Nagel Swisscom
Bobst Group Kuoni Swisslog Holding
Bossard Holding LafargeHolcim Swissquote
Bucher Industries lastminute.com Syngenta
Burckhardt Compression Holding Leclanché Tamedia
Burkhalter Holding Lem Holding Tecan
BVZ Holding Leonteq Temenos Group
Calida Holding Liechtensteinische Landesbank 1 Therametrics
Carlo Gavazzi Holding Lifewatch Thurgauer Kantonalbank
Cassiopea1 Lindt & Sprüngli Titlis Bergbahnen
Cembra Money Bank Logitech Tornos Holding
Cham Paper Group Lonza Group Transocean
Charles Vögele Holding Looser Holding U-blox
CI Com Luzerner Kantonalbank UBS
Cicor Technologies MCH Group USI Group Holdings
Clariant Metall Zug Valartis Group
Coltene Holding Meyer Burger Technology Valiant Holding
Comet Holding Micronas Valora
Compagnie financière Tradition Mikron Holding Vaudoise Assurances
Conzzeta AG Mobilezone Verwaltungs- und Privatbank 1
Cosmo Pharmaceuticals 1 Mobimo Holding Vetropack Holding
CPH Chemie + Papier Molecular Partners Victoria-Jungfrau Collection
Crealogix Holding Myriad Group Villars Holding
Credit Suisse Nestlé Von Roll Holding AG
Cytos Biotechnology Newron Pharmaceuticals 1 Vontobel
Dätwyler Holding Novartis VZ Holding
DKSH OC Oerlikon Walliser Kantonalbank
Dorma+Kaba Orascom Development Holding Walter Meier AG
Dufry Orell Füssli Warteck Invest
Edisun Power Orior Ypsomed Holding
EFG International Panalpina Zehnder Group
Elma Electronic Pargesa Holding Züblin Immobilien Holding
Emmi Partners Group Zuger Kantonalbank
Ems-Chemie Pax-Anlage AG Zug Estates
Evolva Peach Property Zurich Insurance Group
Zwahlen et Mayr