SMI MID
 | |
| Foundation | 15 November 2004 (history from 3 January 1996) |
|---|---|
| Operator | SIX Swiss Exchange |
| Exchanges | SIX Swiss Exchange |
| Trading symbol | SMIM |
| Constituents | 30 |
| Type | Mid-cap, price index |
| Market cap | CHF 285 billion (as of 30 June 2026[update])[1] |
| Weighting method | Market-value-weighted, free-float-adjusted |
| Related indices | SMI, SMI Expanded, SPI 20 |
| Website | official website |
| ISIN | CH0019399838 |
| Reuters | .SMIM |
| Bloomberg | SMIM |
The SMI MID (SMIM) is a stock index which lists Switzerland's mid-cap companies. The index is calculated by SIX Swiss Exchange.[1]
It includes the 30 Prime Standard shares from sectors that rank immediately below the companies included in the Swiss Market Index. The company size is based on terms of order book volume and market capitalization.[1]
The SMI MID was introduced on 15 November 2004, computed back to 3 January 1996 with a baseline value of 1000 points as of 31 December 1999.[1] Its composition is examined once a year. Calculation takes place in real-time: as soon as a new transaction occurs in a security contained in the SMI MID, an updated index level is calculated and displayed.[citation needed]
In 2020, the SMI MID, along with other SIX indices, was endorsed under the EU Benchmarks Regulation and is registered with the European Securities and Markets Authority, which means that it can be used as an underlying for financial products sold in the EU.[2]
Constituents
[edit]The following 30 stocks make up the SMI MID index as of 7 November 2025[update].[3][4]
| Company | Sector | Canton | Ticker symbol |
|---|---|---|---|
| Accelleron | Industrials | Aargau | ACLN |
| Adecco | Industrials | Zurich | ADEN |
| Avolta | Retail discretionary | Basel-City | AVOL |
| Barry Callebaut | Retail staples | Zurich | BARN |
| Belimo | Industrials | Zurich | BEAN |
| Clariant | Materials | Basel-Country | CLN |
| Ems-Chemie | Materials | Graubünden | EMSN |
| Flughafen Zürich | Industrials | Zurich | FHZN |
| Galderma | Health care | Zug | GALD |
| Galenica | Health care | Bern | GALE |
| Georg Fischer | Industrials | Schaffhausen | GF |
| Helvetia Bâloise | Financials | Basel-City | HBAN |
| Julius Bär | Financials | Zurich | BAER |
| Lindt & Sprüngli | Retail staples | Zurich | LISN / LISP |
| PSP Swiss Property | Real estate | Zug | PSPN |
| Roche (bearer share) | Health care | Basel-City | RO |
| Sandoz | Health care | Basel-City | SDZ |
| Schindler | Industrials | Lucerne | SCHN / SCHP |
| SGS | Industrials | Geneva | SGSN |
| SIG | Materials | Schaffhausen | SIGN |
| Sonova | Health care | Zurich | SOON |
| Straumann | Health care | Basel-City | STMN |
| Sunrise | Communication services | Zurich | SUNN |
| Swissquote | Financials | Vaud | SQN |
| Swatch | Retail discretionary | Bern | UHR |
| Swiss Prime Site | Real estate | Soloturn | SPSN |
| Temenos | Information technology | Geneva | TEMN |
| VAT | Industrials | St.Gallen | VACN |
Recent adjustments
[edit]In the week beginning on Monday, 19 September 2022, SGS (formerly in the SMI), Belimo and the Roche bearer shares will enter SMIM. They will replace Sonova (hearing aids), Cembra (credit cards and consumer credits) and BB Biotech (biotechnology investment company).[5]
On March 31, 2022 the biochemical company Bachem was added to the index, replacing Vifor Pharma , because after sell of Vifor Pharma to the Australian CSL the free float dropped to 1.6% which is below the minimum of 20% required by SIX for index members.[6]
On September 18, 2020, four components were replaced.[7]
On October 16, 2020, Tecan was added to the index after the takeover of Sunrise Communications Group AG.[8]
On July 11, 2023, BWK was added to the index. DocMorris was removed from the index.
On September 22, 2023, Sandoz was added to the index. Bachem was removed from the index.
On July 9, 2024, Galderma was added to the index. Meyer Burger was removed from the index.
On September 5, 2025, Sonova, Swissquote, Accelleron and Sunrise were added to the index. ams, BKW, Tecan, Galenica were removed.
On November 7, 2025, Galenica was added to the index.
See also
[edit]References
[edit]- 1 2 3 4 "SMI Family – Factsheet" (PDF). SIX Swiss Exchange. Retrieved 6 October 2023.
- ↑ "Swiss Indices Endorsed Under the EU Benchmarks Regulation". SIX Swiss Exchange. Retrieved 12 April 2020.
- ↑ "SMI MID (SMIM)". SIX Swiss Exchange. Retrieved 22 September 2025.
- ↑ "Index adjustments on the occasion of the ordinary index review" (PDF). SIX Swiss Exchange. Retrieved 22 September 2025.
- ↑ "Morning Briefing - Markt Schweiz". Cash (Swiss finance magazine). 16 September 2022. Retrieved 16 September 2022.
- ↑ "SIX: VAT ersetzen Vifor Pharma im SLI - Bachem neu im SMIM". Cash (Swiss finance magazine). 23 March 2022. Retrieved 27 November 2022.
- ↑ "Index adjustments on the occasion of the ordinary index review" (PDF). SIX Swiss Exchange. Retrieved 3 September 2020.
- ↑ "Extraordinary index adjustments in conjunction with the takeover of Sunrise Communications Group AG" (PDF). SIX Swiss Exchange. Retrieved 27 March 2021.
External links
[edit]
 SMI MID (SMIM) companies of Switzerland | |
|---|---|
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