ACWI vs. SHUS ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$120.44

Average Daily Volume

1,917,440

Number of Holdings ^*

616

* may have additional holdings in another (foreign) market

SHUS

Syntax Stratified U.S. Total Market Hedged ETF

SHUS Description

The investment seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500® Index over a full market cycle by investing in ETFs or underlying securities that provide Stratified WeightTM U.S. total equity market exposure to companies in the 1500 while seeking risk-managed growth via a defined risk hedging process. The fund will also invest in index options for risk management purposes and to seek to generate additional returns. Syntax?s Stratified Weight? is designed to correct for business risk concentrations that regularly occur in cap-weighted indices and equal-weighted indices.

Grade (RS Rating)

Last Trade

$44.29

Average Daily Volume

2,444

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	ACWI	SHUS
30 Days	1.42%	2.26%
60 Days	1.89%	3.81%
90 Days	3.03%	5.24%
12 Months	25.57%	15.89%

485 Overlapping Holdings

	Symbol	Grade	Weight in ACWI	Weight in SHUS	Overlap
	A	D	0.05%	0.15%	0.05%
	AAPL	C	4.24%	0.49%	0.49%
	ABBV	D	0.38%	0.24%	0.24%
	ABNB	C	0.07%	0.12%	0.07%
	ABT	B	0.26%	0.06%	0.06%
	ACGL	D	0.05%	0.14%	0.05%
	ACN	C	0.28%	0.13%	0.13%
	ADBE	C	0.28%	0.15%	0.15%
	ADI	D	0.14%	0.22%	0.14%
	ADM	D	0.03%	0.36%	0.03%
	ADP	B	0.15%	0.21%	0.15%
	ADSK	A	0.08%	0.16%	0.08%
	AEE	A	0.03%	0.08%	0.03%
	AEP	D	0.06%	0.24%	0.06%
	AES	F	0.01%	0.31%	0.01%
	AFL	B	0.08%	0.2%	0.08%
	AIG	B	0.07%	0.19%	0.07%
	AIZ	A	0.02%	0.2%	0.02%
	AJG	B	0.08%	0.03%	0.03%
	AKAM	D	0.02%	0.26%	0.02%
	ALB	C	0.02%	0.05%	0.02%
	ALGN	D	0.02%	0.1%	0.02%
	ALL	A	0.07%	0.19%	0.07%
	ALLE	D	0.02%	0.07%	0.02%
	AMAT	F	0.18%	0.17%	0.17%
	AMCR	D	0.02%	0.12%	0.02%
	AMD	F	0.29%	0.14%	0.14%
	AME	A	0.06%	0.12%	0.06%
	AMGN	D	0.19%	0.23%	0.19%
	AMP	A	0.07%	0.09%	0.07%
	AMT	D	0.12%	0.06%	0.06%
	AMZN	C	2.45%	0.21%	0.21%
	ANET	C	0.13%	0.21%	0.13%
	ANSS	B	0.04%	0.17%	0.04%
	AON	A	0.1%	0.04%	0.04%
	AOS	F	0.01%	0.21%	0.01%
	APA	D	0.01%	0.07%	0.01%
	APD	A	0.09%	0.05%	0.05%
	APH	A	0.11%	0.18%	0.11%
	APTV	D	0.02%	0.39%	0.02%
	ARE	D	0.02%	0.1%	0.02%
	ATO	A	0.03%	0.32%	0.03%
	AVB	B	0.04%	0.1%	0.04%
	AVGO	D	0.93%	0.22%	0.22%
	AVY	D	0.02%	0.06%	0.02%
	AWK	D	0.03%	0.32%	0.03%
	AXON	A	0.06%	0.09%	0.06%
	AXP	A	0.21%	0.05%	0.05%
	AZO	C	0.07%	0.15%	0.07%
	BA	F	0.14%	0.16%	0.14%
	BAC	A	0.42%	0.12%	0.12%
	BALL	D	0.02%	0.12%	0.02%
	BAX	D	0.02%	0.05%	0.02%
	BBWI	D	0.01%	0.19%	0.01%
	BBY	D	0.02%	0.17%	0.02%
	BDX	F	0.08%	0.05%	0.05%
	BEN	C	0.01%	0.08%	0.01%
	BG	F	0.02%	0.36%	0.02%
	BIIB	F	0.03%	0.24%	0.03%
	BK	A	0.07%	0.11%	0.07%
	BKNG	A	0.22%	0.13%	0.13%
	BKR	B	0.05%	0.35%	0.05%
	BLDR	D	0.03%	0.19%	0.03%
	BLK	C	0.19%	0.09%	0.09%
	BMY	B	0.15%	0.25%	0.15%
	BR	A	0.04%	0.11%	0.04%
	BRK.A	B	0.79%	0.49%	0.49%
	BRO	B	0.03%	0.03%	0.03%
	BSX	B	0.17%	0.06%	0.06%
	BX	A	0.17%	0.08%	0.08%
	BXP	D	0.01%	0.11%	0.01%
	C	A	0.17%	0.13%	0.13%
	CAG	D	0.02%	0.21%	0.02%
	CAH	B	0.04%	0.19%	0.04%
	CARR	D	0.08%	0.08%	0.08%
	CAT	B	0.24%	0.14%	0.14%
	CB	C	0.14%	0.14%	0.14%
	CBOE	B	0.03%	0.04%	0.03%
	CBRE	B	0.05%	0.04%	0.04%
	CCI	D	0.06%	0.06%	0.06%
	CCL	B	0.03%	0.09%	0.03%
	CDNS	B	0.11%	0.33%	0.11%
	CDW	F	0.03%	0.12%	0.03%
	CE	F	0.01%	0.07%	0.01%
	CEG	D	0.09%	0.38%	0.09%
	CF	B	0.02%	0.09%	0.02%
	CFG	B	0.03%	0.05%	0.03%
	CHD	B	0.03%	0.41%	0.03%
	CHRW	C	0.02%	0.09%	0.02%
	CHTR	C	0.05%	0.46%	0.05%
	CI	F	0.12%	0.18%	0.12%
	CINF	A	0.03%	0.14%	0.03%
	CL	D	0.09%	0.4%	0.09%
	CLX	B	0.03%	0.41%	0.03%
	CMCSA	B	0.21%	0.51%	0.21%
	CME	A	0.1%	0.04%	0.04%
	CMG	B	0.1%	0.49%	0.1%
	CMI	A	0.06%	0.08%	0.06%
	CMS	C	0.02%	0.07%	0.02%
	CNC	D	0.04%	0.25%	0.04%
	CNP	B	0.03%	0.25%	0.03%
	COF	B	0.09%	0.69%	0.09%
	COP	C	0.17%	0.07%	0.07%
	COR	B	0.05%	0.18%	0.05%
	COST	B	0.53%	0.7%	0.53%
	CPAY	A	0.03%	0.04%	0.03%
	CPB	D	0.01%	0.2%	0.01%
	CPRT	A	0.06%	0.22%	0.06%
	CPT	B	0.02%	0.1%	0.02%
	CRL	C	0.01%	0.14%	0.01%
	CRM	B	0.4%	0.35%	0.35%
	CRWD	B	0.1%	0.18%	0.1%
	CSCO	B	0.29%	0.21%	0.21%
	CSGP	D	0.04%	0.04%	0.04%
	CSX	B	0.09%	0.08%	0.08%
	CTAS	B	0.1%	0.17%	0.1%
	CTLT	B	0.01%	0.24%	0.01%
	CTRA	B	0.02%	0.17%	0.02%
	CTSH	B	0.05%	0.13%	0.05%
	CTVA	C	0.05%	0.08%	0.05%
	CVS	D	0.09%	0.68%	0.09%
	CVX	A	0.36%	0.75%	0.36%
	D	C	0.06%	0.24%	0.06%
	DAL	C	0.01%	0.27%	0.01%
	DAY	B	0.01%	0.22%	0.01%
	DD	D	0.04%	0.05%	0.04%
	DE	A	0.13%	0.13%	0.13%
	DECK	A	0.03%	0.29%	0.03%
	DELL	C	0.05%	0.17%	0.05%
	DFS	B	0.06%	0.68%	0.06%
	DG	F	0.02%	0.17%	0.02%
	DGX	A	0.02%	0.16%	0.02%
	DHI	D	0.06%	0.23%	0.06%
	DHR	F	0.2%	0.1%	0.1%
	DIS	B	0.26%	0.2%	0.2%
	DLR	B	0.08%	0.26%	0.08%
	DLTR	F	0.02%	0.17%	0.02%
	DOC	D	0.02%	0.11%	0.02%
	DOV	A	0.04%	0.17%	0.04%
	DOW	F	0.04%	0.07%	0.04%
	DPZ	C	0.02%	0.52%	0.02%
	DRI	B	0.03%	0.5%	0.03%
	DTE	C	0.03%	0.24%	0.03%
	DUK	C	0.11%	0.07%	0.07%
	DVA	B	0.01%	0.11%	0.01%
	DVN	F	0.03%	0.16%	0.03%
	DXCM	D	0.04%	0.09%	0.04%
	EA	A	0.05%	0.48%	0.05%
	EBAY	D	0.04%	0.22%	0.04%
	ECL	D	0.08%	0.05%	0.05%
	ED	D	0.04%	0.24%	0.04%
	EFX	F	0.04%	0.04%	0.04%
	EG	C	0.02%	0.14%	0.02%
	EIX	B	0.04%	0.24%	0.04%
	EL	F	0.02%	0.49%	0.02%
	ELV	F	0.12%	0.24%	0.12%
	EMN	D	0.01%	0.05%	0.01%
	EMR	A	0.09%	0.03%	0.03%
	ENPH	F	0.01%	0.25%	0.01%
	EOG	A	0.1%	0.07%	0.07%
	EPAM	C	0.02%	0.13%	0.02%
	EQIX	A	0.11%	0.26%	0.11%
	EQR	B	0.03%	0.1%	0.03%
	EQT	B	0.03%	0.18%	0.03%
	ERIE	D	0.01%	0.2%	0.01%
	ES	D	0.03%	0.07%	0.03%
	ESS	B	0.02%	0.1%	0.02%
	ETN	A	0.19%	0.26%	0.19%
	ETR	B	0.04%	0.25%	0.04%
	EVRG	A	0.02%	0.08%	0.02%
	EW	C	0.05%	0.06%	0.05%
	EXC	C	0.05%	0.29%	0.05%
	EXPD	D	0.02%	0.09%	0.02%
	EXPE	B	0.03%	0.12%	0.03%
	EXR	D	0.05%	0.11%	0.05%
	F	C	0.05%	0.24%	0.05%
	FANG	D	0.04%	0.07%	0.04%
	FAST	B	0.06%	0.12%	0.06%
	FCX	D	0.08%	0.29%	0.08%
	FDS	B	0.03%	0.04%	0.03%
	FDX	B	0.09%	0.07%	0.07%
	FE	C	0.03%	0.24%	0.03%
	FFIV	B	0.02%	0.2%	0.02%
	FI	A	0.16%	0.06%	0.06%
	FICO	B	0.07%	0.03%	0.03%
	FIS	C	0.06%	0.05%	0.05%
	FITB	A	0.04%	0.05%	0.04%
	FOX	A	0.01%	0.1%	0.01%
	FOXA	B	0.01%	0.1%	0.01%
	FSLR	F	0.02%	0.2%	0.02%
	FTNT	C	0.07%	0.17%	0.07%
	FTV	C	0.03%	0.03%	0.03%
	GD	F	0.08%	0.16%	0.08%
	GDDY	A	0.03%	0.26%	0.03%
	GE	D	0.25%	0.17%	0.17%
	GEHC	F	0.04%	0.1%	0.04%
	GEN	B	0.02%	0.17%	0.02%
	GEV	B	0.12%	0.18%	0.12%
	GILD	C	0.14%	0.24%	0.14%
	GIS	D	0.04%	0.21%	0.04%
	GLW	B	0.05%	0.19%	0.05%
	GM	B	0.08%	0.24%	0.08%
	GOOG	C	1.16%	0.22%	0.22%
	GOOGL	C	1.34%	0.22%	0.22%
	GPC	D	0.02%	0.15%	0.02%
	GPN	B	0.04%	0.04%	0.04%
	GRMN	B	0.04%	0.32%	0.04%
	GS	A	0.24%	0.25%	0.24%
	GWW	B	0.07%	0.13%	0.07%
	HAL	C	0.03%	0.33%	0.03%
	HBAN	A	0.03%	0.05%	0.03%
	HCA	F	0.09%	0.33%	0.09%
	HD	A	0.52%	0.25%	0.25%
	HES	B	0.05%	0.07%	0.05%
	HIG	B	0.05%	0.14%	0.05%
	HII	D	0.01%	0.08%	0.01%
	HLT	A	0.08%	0.12%	0.08%
	HOLX	D	0.02%	0.1%	0.02%
	HON	B	0.19%	0.16%	0.16%
	HPE	B	0.03%	0.19%	0.03%
	HPQ	B	0.05%	0.34%	0.05%
	HRL	D	0.01%	0.36%	0.01%
	HSIC	B	0.01%	0.2%	0.01%
	HST	C	0.02%	0.11%	0.02%
	HSY	F	0.03%	0.17%	0.03%
	HUBB	B	0.03%	0.26%	0.03%
	HUM	C	0.04%	0.26%	0.04%
	HWM	A	0.06%	0.07%	0.06%
	IBM	C	0.24%	0.33%	0.24%
	ICE	C	0.11%	0.04%	0.04%
	IDXX	F	0.04%	0.09%	0.04%
	IEX	B	0.02%	0.2%	0.02%
	IFF	D	0.03%	0.05%	0.03%
	INCY	C	0.01%	0.25%	0.01%
	INTC	D	0.13%	0.16%	0.13%
	INTU	C	0.23%	0.2%	0.2%
	INVH	D	0.03%	0.1%	0.03%
	IP	B	0.02%	0.06%	0.02%
	IPG	D	0.01%	0.33%	0.01%
	IQV	D	0.04%	0.13%	0.04%
	IR	B	0.05%	0.2%	0.05%
	IRM	D	0.04%	0.06%	0.04%
	ISRG	A	0.24%	0.12%	0.12%
	IT	C	0.05%	0.13%	0.05%
	ITW	B	0.1%	0.17%	0.1%
	J	F	0.02%	0.39%	0.02%
	JBHT	C	0.02%	0.08%	0.02%
	JBL	B	0.02%	0.37%	0.02%
	JCI	C	0.07%	0.08%	0.07%
	JKHY	D	0.02%	0.05%	0.02%
	JNJ	D	0.47%	0.23%	0.23%
	JNPR	F	0.01%	0.19%	0.01%
	JPM	A	0.89%	0.12%	0.12%
	K	A	0.03%	0.18%	0.03%
	KDP	D	0.05%	0.24%	0.05%
	KEY	B	0.02%	0.06%	0.02%
	KEYS	A	0.03%	0.2%	0.03%
	KHC	F	0.03%	0.21%	0.03%
	KIM	A	0.02%	0.06%	0.02%
	KKR	A	0.12%	0.09%	0.09%
	KLAC	D	0.11%	0.17%	0.11%
	KMB	D	0.06%	0.41%	0.06%
	KMI	A	0.07%	0.25%	0.07%
	KMX	B	0.02%	0.14%	0.02%
	KO	D	0.33%	0.24%	0.24%
	KR	B	0.05%	0.73%	0.05%
	KVUE	A	0.06%	0.41%	0.06%
	L	A	0.02%	0.49%	0.02%
	LDOS	C	0.03%	0.13%	0.03%
	LEN	D	0.05%	0.24%	0.05%
	LH	C	0.03%	0.16%	0.03%
	LHX	C	0.06%	0.08%	0.06%
	LIN	D	0.27%	0.04%	0.04%
	LKQ	D	0.01%	0.14%	0.01%
	LLY	F	0.75%	0.23%	0.23%
	LMT	D	0.15%	0.08%	0.08%
	LNT	A	0.02%	0.08%	0.02%
	LOW	D	0.19%	0.25%	0.19%
	LULU	C	0.04%	0.3%	0.04%
	LUV	C	0.01%	0.25%	0.01%
	LVS	C	0.02%	0.08%	0.02%
	LW	C	0.01%	0.22%	0.01%
	LYB	F	0.03%	0.07%	0.03%
	LYV	A	0.03%	0.09%	0.03%
	MA	C	0.55%	0.05%	0.05%
	MAA	B	0.02%	0.1%	0.02%
	MAR	B	0.09%	0.12%	0.09%
	MAS	D	0.02%	0.19%	0.02%
	MCD	D	0.27%	0.49%	0.27%
	MCHP	D	0.04%	0.13%	0.04%
	MCK	B	0.1%	0.18%	0.1%
	MCO	B	0.1%	0.04%	0.04%
	MDLZ	F	0.11%	0.18%	0.11%
	MDT	D	0.14%	0.06%	0.06%
	MET	A	0.07%	0.21%	0.07%
	META	D	1.57%	0.46%	0.46%
	MGM	D	0.01%	0.07%	0.01%
	MKC	D	0.02%	0.21%	0.02%
	MKTX	D	0.01%	0.04%	0.01%
	MLM	B	0.05%	0.17%	0.05%
	MMC	B	0.14%	0.03%	0.03%
	MMM	D	0.09%	0.17%	0.09%
	MNST	C	0.05%	0.25%	0.05%
	MO	A	0.12%	0.35%	0.12%
	MOH	F	0.02%	0.25%	0.02%
	MOS	F	0.01%	0.08%	0.01%
	MPC	D	0.07%	0.48%	0.07%
	MPWR	F	0.04%	0.21%	0.04%
	MRK	F	0.31%	0.24%	0.24%
	MRNA	F	0.02%	0.23%	0.02%
	MRO	B	0.02%	0.07%	0.02%
	MS	A	0.21%	0.26%	0.21%
	MSCI	C	0.06%	0.04%	0.04%
	MSFT	F	3.76%	0.32%	0.32%
	MSI	B	0.1%	0.49%	0.1%
	MTB	A	0.05%	0.06%	0.05%
	MTCH	D	0.01%	0.46%	0.01%
	MTD	D	0.03%	0.14%	0.03%
	MU	D	0.14%	0.15%	0.14%
	NDAQ	A	0.04%	0.04%	0.04%
	NDSN	B	0.02%	0.03%	0.02%
	NEE	D	0.2%	0.24%	0.2%
	NEM	D	0.06%	0.24%	0.06%
	NFLX	A	0.48%	0.22%	0.22%
	NI	A	0.02%	0.32%	0.02%
	NKE	D	0.11%	0.33%	0.11%
	NOC	D	0.09%	0.08%	0.08%
	NOW	A	0.27%	0.22%	0.22%
	NRG	B	0.03%	0.32%	0.03%
	NSC	B	0.07%	0.08%	0.07%
	NTAP	C	0.03%	0.17%	0.03%
	NTRS	A	0.03%	0.08%	0.03%
	NUE	C	0.04%	0.25%	0.04%
	NVDA	C	4.62%	0.13%	0.13%
	NVR	D	0.04%	0.3%	0.04%
	NWSA	B	0.01%	0.1%	0.01%
	NXPI	D	0.07%	0.23%	0.07%
	O	D	0.06%	0.06%	0.06%
	ODFL	B	0.05%	0.08%	0.05%
	OKE	A	0.08%	0.24%	0.08%
	OMC	C	0.03%	0.33%	0.03%
	ON	D	0.04%	0.22%	0.04%
	ORCL	B	0.4%	0.34%	0.34%
	ORLY	B	0.09%	0.14%	0.09%
	OTIS	C	0.05%	0.08%	0.05%
	OXY	D	0.04%	0.07%	0.04%
	PANW	C	0.16%	0.16%	0.16%
	PARA	C	0.01%	0.2%	0.01%
	PAYC	B	0.01%	0.21%	0.01%
	PAYX	C	0.06%	0.21%	0.06%
	PCAR	B	0.07%	0.12%	0.07%
	PCG	A	0.05%	0.07%	0.05%
	PEG	A	0.06%	0.25%	0.06%
	PEP	F	0.27%	0.17%	0.17%
	PFE	D	0.18%	0.24%	0.18%
	PFG	D	0.03%	0.2%	0.03%
	PG	A	0.51%	0.41%	0.41%
	PGR	A	0.19%	0.19%	0.19%
	PH	A	0.11%	0.08%	0.08%
	PHM	D	0.04%	0.25%	0.04%
	PKG	A	0.03%	0.06%	0.03%
	PLD	D	0.14%	0.06%	0.06%
	PLTR	B	0.16%	0.22%	0.16%
	PM	B	0.25%	0.35%	0.25%
	PNC	B	0.1%	0.06%	0.06%
	PNR	A	0.02%	0.19%	0.02%
	PODD	C	0.02%	0.1%	0.02%
	POOL	C	0.02%	0.13%	0.02%
	PPG	F	0.04%	0.07%	0.04%
	PPL	B	0.03%	0.08%	0.03%
	PRU	A	0.06%	0.2%	0.06%
	PSA	D	0.07%	0.1%	0.07%
	PSX	C	0.07%	0.5%	0.07%
	PTC	A	0.03%	0.17%	0.03%
	PWR	A	0.06%	0.4%	0.06%
	PYPL	B	0.11%	0.06%	0.06%
	QCOM	F	0.23%	0.22%	0.22%
	QRVO	F	0.01%	0.21%	0.01%
	RCL	A	0.07%	0.08%	0.07%
	REG	B	0.02%	0.06%	0.02%
	REGN	F	0.1%	0.23%	0.1%
	RF	A	0.03%	0.06%	0.03%
	RJF	A	0.04%	0.25%	0.04%
	RMD	C	0.04%	0.09%	0.04%
	ROK	B	0.04%	0.03%	0.03%
	ROL	B	0.02%	0.18%	0.02%
	ROP	B	0.08%	0.03%	0.03%
	ROST	C	0.06%	0.71%	0.06%
	RSG	A	0.06%	0.18%	0.06%
	RTX	C	0.2%	0.08%	0.08%
	RVTY	F	0.02%	0.1%	0.02%
	SBAC	D	0.03%	0.06%	0.03%
	SBUX	A	0.14%	0.48%	0.14%
	SCHW	B	0.15%	0.25%	0.15%
	SHW	A	0.11%	0.06%	0.06%
	SJM	D	0.01%	0.21%	0.01%
	SLB	C	0.08%	0.34%	0.08%
	SMCI	F	0.02%	0.15%	0.02%
	SNA	A	0.03%	0.25%	0.03%
	SNPS	B	0.1%	0.34%	0.1%
	SO	D	0.12%	0.08%	0.08%
	SOLV	C	0.01%	0.05%	0.01%
	SPG	B	0.08%	0.06%	0.06%
	SPGI	C	0.21%	0.04%	0.04%
	SRE	A	0.08%	0.07%	0.07%
	STE	F	0.03%	0.12%	0.03%
	STLD	B	0.03%	0.27%	0.03%
	STT	A	0.04%	0.11%	0.04%
	STX	D	0.03%	0.17%	0.03%
	STZ	D	0.05%	0.25%	0.05%
	SW	A	0.04%	0.07%	0.04%
	SWK	D	0.02%	0.26%	0.02%
	SWKS	F	0.02%	0.21%	0.02%
	SYF	B	0.03%	0.68%	0.03%
	SYK	C	0.17%	0.12%	0.12%
	SYY	B	0.05%	0.73%	0.05%
	T	A	0.21%	0.33%	0.21%
	TAP	C	0.01%	0.25%	0.01%
	TDG	D	0.09%	0.06%	0.06%
	TDY	B	0.03%	0.03%	0.03%
	TECH	D	0.01%	0.15%	0.01%
	TEL	B	0.06%	0.19%	0.06%
	TER	D	0.02%	0.16%	0.02%
	TFC	A	0.08%	0.05%	0.05%
	TFX	F	0.01%	0.05%	0.01%
	TGT	F	0.09%	0.17%	0.09%
	TJX	A	0.17%	0.71%	0.17%
	TMO	F	0.25%	0.14%	0.14%
	TMUS	B	0.16%	0.33%	0.16%
	TRGP	B	0.05%	0.24%	0.05%
	TRMB	B	0.02%	0.03%	0.02%
	TROW	B	0.03%	0.08%	0.03%
	TRV	B	0.07%	0.14%	0.07%
	TSCO	D	0.04%	0.12%	0.04%
	TSLA	B	1.27%	0.27%	0.27%
	TSN	B	0.02%	0.35%	0.02%
	TT	A	0.12%	0.08%	0.08%
	TTWO	A	0.04%	0.48%	0.04%
	TXN	C	0.23%	0.22%	0.22%
	TXT	D	0.02%	0.16%	0.02%
	TYL	B	0.03%	0.21%	0.03%
	UBER	D	0.17%	0.11%	0.11%
	UDR	B	0.02%	0.1%	0.02%
	UHS	D	0.02%	0.32%	0.02%
	ULTA	F	0.02%	0.17%	0.02%
	UNH	C	0.68%	0.25%	0.25%
	UNP	C	0.18%	0.08%	0.08%
	UPS	C	0.12%	0.08%	0.08%
	URI	B	0.07%	0.14%	0.07%
	USB	A	0.1%	0.05%	0.05%
	V	A	0.63%	0.04%	0.04%
	VICI	C	0.04%	0.06%	0.04%
	VLO	C	0.06%	0.49%	0.06%
	VLTO	D	0.03%	0.03%	0.03%
	VMC	B	0.05%	0.17%	0.05%
	VRSK	A	0.05%	0.04%	0.04%
	VRSN	F	0.02%	0.27%	0.02%
	VRTX	F	0.15%	0.23%	0.15%
	VST	B	0.07%	0.4%	0.07%
	VTR	C	0.03%	0.11%	0.03%
	VTRS	A	0.02%	0.24%	0.02%
	VZ	C	0.22%	0.32%	0.22%
	WAB	B	0.04%	0.13%	0.04%
	WAT	B	0.03%	0.15%	0.03%
	WBA	F	0.01%	0.63%	0.01%
	WBD	C	0.03%	0.19%	0.03%
	WDC	D	0.03%	0.17%	0.03%
	WEC	A	0.04%	0.07%	0.04%
	WELL	A	0.11%	0.11%	0.11%
	WFC	A	0.33%	0.13%	0.13%
	WM	A	0.11%	0.18%	0.11%
	WMB	A	0.09%	0.24%	0.09%
	WMT	A	0.49%	0.72%	0.49%
	WRB	A	0.02%	0.13%	0.02%
	WST	C	0.03%	0.05%	0.03%
	WTW	B	0.04%	0.04%	0.04%
	WY	D	0.03%	0.17%	0.03%
	WYNN	D	0.01%	0.08%	0.01%
	XEL	A	0.05%	0.07%	0.05%
	XOM	B	0.68%	0.75%	0.68%
	XYL	D	0.04%	0.19%	0.04%
	YUM	B	0.05%	0.5%	0.05%
	ZBH	C	0.03%	0.12%	0.03%
	ZBRA	B	0.02%	0.13%	0.02%
	ZTS	D	0.1%	0.25%	0.1%

ACWI Overweight 131 Positions Relative to SHUS

	Symbol	Grade	Weight
	TM	D	0.23%
	BABA	D	0.21%
	MUFG	B	0.17%
	SONY	B	0.15%
	LRCX	F	0.12%
	MELI	D	0.11%
	HDB	C	0.11%
	SMFG	B	0.11%
	MRVL	B	0.1%
	IBN	C	0.1%
	APO	B	0.09%
	MSTR	C	0.09%
	CRH	A	0.09%
	COIN	C	0.08%
	APP	B	0.08%
	LNG	B	0.07%
	TTD	B	0.07%
	DASH	A	0.07%
	WDAY	B	0.07%
	MFG	B	0.07%
	FLUT	A	0.06%
	WCN	A	0.06%
	VRT	B	0.06%
	SQ	B	0.06%
	DDOG	A	0.05%
	TEAM	A	0.05%
	SNOW	C	0.05%
	HMC	F	0.05%
	FERG	B	0.05%
	TPL	A	0.04%
	NET	B	0.04%
	ALNY	D	0.04%
	VEEV	C	0.04%
	ARES	A	0.04%
	HUBS	A	0.04%
	TCOM	B	0.04%
	COO	D	0.03%
	LII	A	0.03%
	MDB	C	0.03%
	ILMN	D	0.03%
	CSL	C	0.03%
	MKL	A	0.03%
	LPLA	A	0.03%
	FCNCA	A	0.03%
	EME	C	0.03%
	BIDU	F	0.03%
	RBLX	C	0.03%
	DKS	C	0.02%
	ELS	C	0.02%
	OKTA	C	0.02%
	AMH	D	0.02%
	Z	A	0.02%
	WPC	D	0.02%
	AVTR	F	0.02%
	HEI	B	0.02%
	DT	C	0.02%
	CHT	D	0.02%
	LI	F	0.02%
	TOST	B	0.02%
	ACM	A	0.02%
	GGG	B	0.02%
	ENTG	D	0.02%
	UTHR	C	0.02%
	TW	A	0.02%
	SSNC	B	0.02%
	HEI	B	0.02%
	GLPI	C	0.02%
	TWLO	A	0.02%
	FWONK	B	0.02%
	UMC	F	0.02%
	DOCU	A	0.02%
	PSTG	D	0.02%
	FNF	B	0.02%
	MANH	D	0.02%
	SUI	D	0.02%
	RPM	A	0.02%
	OC	A	0.02%
	BURL	A	0.02%
	YUMC	C	0.02%
	PINS	D	0.02%
	EQH	B	0.02%
	RS	B	0.02%
	WSM	B	0.02%
	HOOD	B	0.02%
	WSO	A	0.02%
	DKNG	B	0.02%
	NMR	B	0.02%
	ZM	B	0.02%
	BAH	F	0.02%
	TRU	D	0.02%
	ZS	C	0.02%
	EXE	B	0.02%
	CELH	F	0.01%
	MBAVU	D	0.01%
	BILI	D	0.01%
	WLK	D	0.01%
	UHAL	D	0.01%
	H	B	0.01%
	DINO	D	0.01%
	AGCO	D	0.01%
	ACI	C	0.01%
	NIO	F	0.01%
	AZPN	A	0.01%
	XPEV	C	0.01%
	RIVN	F	0.01%
	BIO	D	0.01%
	BSY	D	0.01%
	TTC	D	0.01%
	TME	D	0.01%
	WIT	A	0.01%
	FBIN	D	0.01%
	WTRG	B	0.01%
	RPRX	D	0.01%
	KNX	B	0.01%
	NLY	C	0.01%
	ROKU	D	0.01%
	BGNE	D	0.01%
	CNH	C	0.01%
	CHRD	D	0.01%
	ALLY	C	0.01%
	EXAS	D	0.01%
	SEIC	B	0.01%
	IOT	A	0.01%
	AFG	A	0.01%
	CCK	C	0.01%
	SNAP	C	0.01%
	CG	A	0.01%
	BMRN	D	0.01%
	OVV	B	0.01%
	NBIX	C	0.01%
	MNSO	F	0.0%

ACWI Underweight 15 Positions Relative to SHUS

	Symbol	Grade	Weight
	BWA	D	-0.41%
	RL	B	-0.32%
	TPR	B	-0.32%
	UAL	A	-0.28%
	HAS	D	-0.25%
	GL	B	-0.19%
	MHK	D	-0.18%
	NWS	B	-0.1%
	NCLH	B	-0.09%
	IVZ	B	-0.09%
	GNRC	B	-0.08%
	FMC	D	-0.08%
	CZR	F	-0.07%
	PNW	B	-0.07%
	FRT	B	-0.06%

ACWI: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Specialty Retail Capital Markets Software - Infrastructure Biotechnology Internet Content & Information Aerospace & Defense Banks - Regional - US REIT - Residential Specialty Chemicals Auto Manufacturers Drug Manufacturers - Major Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Telecommunications Bank Chemical Aerospace Real Estate Investment Trust Banking Medicine Semiconductor Cloud Computing Transport Mining IBD 50

SHUS: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Aerospace Chemical Medicine Real Estate Investment Trust Telecommunications Bank Banking Semiconductor Insurance Products Petroleum Industry Transport Investment Bank