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Swiss Leader Index

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Swiss Leader Index
Foundation2 July 2007
OperatorSIX Swiss Exchange
ExchangesSIX Swiss Exchange
Trading symbolSLI
Constituents30
TypeLarge and mid-cap, price index
Market capCHF 968 billion (free-float and capped-market adjusted, end June 2026)[1]
Weighting methodCapitalization-weighted, with 9/4.5 capping
Related indicesSMI, SMI MID, SMI Expanded, SPI
Websitesix-group.com
ISINCH0030252883
Reuters.SLI[dead link]
BloombergSLI:IND

The Swiss Leader Index (SLI) is an index comprising large and mid-cap companies primarily listed on SIX Swiss Exchange. It is made up of 30 of the largest and most liquid Swiss Performance Index (SPI) large- and mid-cap publicly listed company shares.[1] As a price index, the SLI is not adjusted for dividends, but there exists a total-return version as well.[1]

The SLI was introduced on 2 July 2007 and computed back to 30 December 1999, with a baseline value of 1,000 points on this starting date.[2]

The capping model of the SLI makes it suitable as a benchmark for a broader range of products and markets than other indices offered by SIX Swiss Exchange, because it is compatible with regulatory requirements in the European Union as well as in the United States.[1] With its 9/4.5 caps, the SLI is more diversified, and its risk/return profile is more tilted towards smaller capitalizations, than other indices such as the SMI and SPI.[citation needed]

In 2020, the SLI, along with other SIX indices, was endorsed under the EU Benchmarks Regulation and is registered in ESMA, which means that it can be used as an underlying for financial products sold in the EU.[3]

Rules

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Universe

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The SLI comprises the 20 securities of the SMI, as well as the largest 10 securities in the SMI MID.[2]

Capped weightings

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The largest four components of the SLI are capped at 9%. All other components, if necessary, are capped at 4.5%.[1] The caps are enforced with a multiplication factor that is updated every three months.[2]

This was made to conform the SLI to the EU's UCITS 5/10/40 rule, which says that:

  • The value of any single position cannot be more than 10% of the fund's value, and
  • all positions that are larger than 5% of the fund's value cannot, together, make up more than 40% of the fund's value.

Current constituents

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As of November 7, 2025, the following 30 stocks make up the SLI index.[4] Components marked as 1 have a 9% weight as of 7 November 2025.[5] Sizes are based on the SPI classification by market capitalization: L for SPI Large, M for SPI Mid.[6]

CompanysizeSMIGICS SectorCantonTicker symbol
ABBLSMIIndustrialsZurichABBN
AlconLSMIHealth careFribourgALC
AmrizeLSMIMaterialsZugAMRZ
GaldermaMSMI MIDHealth careZugGALD
GeberitLSMIIndustrialsSt. GallenGEBN
GivaudanLSMIMaterialsGenevaGIVN
Helvetia BâloiseMSMI MIDFinancialsBasel-CityHBAN
HolcimLSMIMaterialsSt. GallenHOLN
Julius BärMSMI MIDFinancialsZurichBAER
Kuehne + NagelMSMIIndustrialsSchwyzKNIN
Lindt (PS)MSMI MIDRetail discretionaryZurichLISP
LogitechMSMIInformation technologyVaudLOGN
LonzaLSMIHealth careBaselLONN
Nestlé1LSMIRetail staplesVaudNESN
Novartis1LSMIHealth careBaselNOVN
Partners GroupLSMIFinancialsZugPGHN
RichemontLSMIRetail discretionaryGenevaCFR
Roche1LSMIHealth careBaselROP
Sandoz Group AGLSMI MIDHealth careBasel-CitySDZ
SchindlerMSMI MIDIndustrialsLucerneSCHN
SGSLSMI MIDIndustrialsGenevaSGSN
SikaLSMIMaterialsZugSIKA
SonovaMSMI MIDHealth careZurichSOON
StraumannLSMI MIDHealth careBasel CitySTMN
Swiss LifeLSMIFinancialsZurichSLHN
Swiss ReLSMIFinancialsZurichSREN
SwisscomLSMICommunication servicesBernSCMN
UBS1LSMIFinancialsZurichUBSG
VAT GroupMSMI MIDIndustrialsSt. GallenVACN
Zurich InsuranceLSMIFinancialsZurichZURN

Notes and references

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  1. 1 2 3 4 5 "SLI Family – Factsheet" (PDF). SIX Swiss Exchange. Retrieved 23 June 2019.
  2. 1 2 3 "SLI® – the Swiss share index with capped weightings". SIX Swiss Exchange. Retrieved 23 June 2019.
  3. ↑ "Swiss Indices Endorsed Under the EU Benchmarks Regulation". SIX Swiss Exchange. Retrieved 12 April 2020.
  4. ↑ "SMI® - the Swiss Share Index with capped weightings". SIX Swiss Exchange. Retrieved 19 July 2019.
  5. ↑ "Index adjustments on the occasion of the ordinary index review" (PDF). SIX Swiss Exchange. Retrieved 3 September 2020.
  6. ↑ "Index adjustments on the occasion of the ordinary index review". SIX Swiss Exchange. Retrieved 26 September 2021.