Finance:SPI 20

Short description: Stock index

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 component can have. It was created in 2017, after the largest SMI constituents were capped at 18%. The index was standardized at 1500 points on 30 June 1988 and the history is available back until 29 January 1988.

Current constituents

As of November 7, 2025, the following 20 stocks make up the SPI 20 index.

Rank	Name	Industry	Ticker	Canton	Weighting in %
1	Novartis International AG	Health care	Template:SWX3	Basel	17
2	Roche Holding AG	Health care	Template:SWX3	Basel	17
3	Nestlé SA	Retail staples	Template:SWX3	Vaud	15
4	ABB Ltd	Electrical equipment	Template:SWX3	Zurich	9
5	UBS Group AG	Financials	Template:SWX3	Zurich/Basel	8
6	Compagnie Financière Richemont SA	Luxury Goods	Template:SWX3	Geneva	7
7	Zurich Insurance Group AG	Financials	Template:SWX3	Zurich	6
8	Holcim Limited	Building materials	Template:SWX3	St. Gallen	3
9	Swiss Reinsurance Company Ltd	Financials	Template:SWX3	Zurich	3
10	Lonza Group AG	Chemistry	Template:SWX3	Basel	3
11	Swisscom AG	Telecommunications	Template:SWX3	Bern	2
12	Givaudan SA	Chemistry	Template:SWX3	Geneva	3
13	Alcon Inc	Health care	Template:SWX3	Fribourg	3
14	Sika AG	Chemistry	Template:SWX3	Zug	3
15	Amrize AG	Construction materials	Template:SWX3	Zug	3
16	Swiss Life Holding AG	Financials	Template:SWX3	Zurich	1
17	Kuehne + Nagel	Logistics	Template:SWX3	Schwyz	1
18	Geberit AG	Sanitary engineering	Template:SWX3	St. Gallen	2
19	Partners Group Holding AG	Financials	Template:SWX3	Zug	2
20	Logitech International SA	Computer hardware and software	Template:SWX3	Vaud	1

See also

• Swiss Market Index
• Swiss Performance Index
• SPI Extra Index