ACWV vs. SHUS ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* 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	ACWV	SHUS
30 Days	0.32%	2.26%
60 Days	-0.25%	3.81%
90 Days	1.23%	5.24%
12 Months	18.77%	15.89%

120 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in SHUS	Overlap
ABBV	D	0.49%	0.24%	0.24%
ABT	B	0.1%	0.06%	0.06%
ACGL	D	0.57%	0.14%	0.14%
ACN	C	0.26%	0.13%	0.13%
AEE	A	0.11%	0.08%	0.08%
AEP	D	0.07%	0.24%	0.07%
AIZ	A	0.13%	0.2%	0.13%
AJG	B	0.33%	0.03%	0.03%
AKAM	D	0.27%	0.26%	0.26%
AMGN	D	0.34%	0.23%	0.23%
ANET	C	0.06%	0.21%	0.06%
AON	A	0.35%	0.04%	0.04%
APH	A	0.54%	0.18%	0.18%
AZO	C	0.77%	0.15%	0.15%
BDX	F	0.22%	0.05%	0.05%
BMY	B	0.25%	0.25%	0.25%
BRK.A	B	0.91%	0.49%	0.49%
BRO	B	0.3%	0.03%	0.03%
CAG	D	0.05%	0.21%	0.05%
CAH	B	0.18%	0.19%	0.18%
CB	C	0.88%	0.14%	0.14%
CBOE	B	0.54%	0.04%	0.04%
CF	B	0.25%	0.09%	0.09%
CHD	B	0.46%	0.41%	0.41%
CHRW	C	0.06%	0.09%	0.06%
CI	F	0.24%	0.18%	0.18%
CL	D	0.35%	0.4%	0.35%
CME	A	0.23%	0.04%	0.04%
CMS	C	0.16%	0.07%	0.07%
COR	B	1.05%	0.18%	0.18%
CPB	D	0.22%	0.2%	0.2%
CSCO	B	1.57%	0.21%	0.21%
CTSH	B	0.21%	0.13%	0.13%
CTVA	C	0.12%	0.08%	0.08%
DGX	A	0.15%	0.16%	0.15%
DPZ	C	0.19%	0.52%	0.19%
DUK	C	0.81%	0.07%	0.07%
EA	A	0.63%	0.48%	0.48%
ED	D	0.84%	0.24%	0.24%
EG	C	0.1%	0.14%	0.1%
ELV	F	0.42%	0.24%	0.24%
ERIE	D	0.26%	0.2%	0.2%
FANG	D	0.06%	0.07%	0.06%
FFIV	B	0.36%	0.2%	0.2%
FI	A	0.48%	0.06%	0.06%
FICO	B	0.12%	0.03%	0.03%
GD	F	0.18%	0.16%	0.16%
GDDY	A	0.64%	0.26%	0.26%
GEN	B	0.3%	0.17%	0.17%
GILD	C	0.48%	0.24%	0.24%
GIS	D	0.61%	0.21%	0.21%
GPC	D	0.05%	0.15%	0.05%
HOLX	D	0.05%	0.1%	0.05%
HRL	D	0.23%	0.36%	0.23%
HSIC	B	0.05%	0.2%	0.05%
HSY	F	0.44%	0.17%	0.17%
HUM	C	0.31%	0.26%	0.26%
IBM	C	0.73%	0.33%	0.33%
INCY	C	0.38%	0.25%	0.25%
IT	C	0.07%	0.13%	0.07%
JKHY	D	0.2%	0.05%	0.05%
JNJ	D	1.05%	0.23%	0.23%
JNPR	F	0.32%	0.19%	0.19%
K	A	0.57%	0.18%	0.18%
KDP	D	0.36%	0.24%	0.24%
KEYS	A	0.41%	0.2%	0.2%
KHC	F	0.33%	0.21%	0.21%
KMB	D	0.3%	0.41%	0.3%
KO	D	0.05%	0.24%	0.05%
KR	B	0.83%	0.73%	0.73%
L	A	0.4%	0.49%	0.4%
LLY	F	0.52%	0.23%	0.23%
LMT	D	0.23%	0.08%	0.08%
MA	C	0.19%	0.05%	0.05%
MCD	D	1.02%	0.49%	0.49%
MCK	B	1.42%	0.18%	0.18%
MDLZ	F	0.25%	0.18%	0.18%
MMC	B	0.88%	0.03%	0.03%
MNST	C	0.12%	0.25%	0.12%
MOH	F	0.12%	0.25%	0.12%
MPC	D	0.15%	0.48%	0.15%
MRK	F	1.06%	0.24%	0.24%
MSFT	F	0.76%	0.32%	0.32%
MSI	B	1.88%	0.49%	0.49%
NEM	D	0.09%	0.24%	0.09%
NOC	D	0.77%	0.08%	0.08%
ORCL	B	0.54%	0.34%	0.34%
ORLY	B	0.62%	0.14%	0.14%
PCG	A	0.1%	0.07%	0.07%
PEP	F	1.08%	0.17%	0.17%
PG	A	0.82%	0.41%	0.41%
PGR	A	0.84%	0.19%	0.19%
PTC	A	0.22%	0.17%	0.17%
REGN	F	0.61%	0.23%	0.23%
ROL	B	0.21%	0.18%	0.18%
ROP	B	1.36%	0.03%	0.03%
RSG	A	1.19%	0.18%	0.18%
SJM	D	0.27%	0.21%	0.21%
SO	D	0.8%	0.08%	0.08%
T	A	0.26%	0.33%	0.26%
TDY	B	0.11%	0.03%	0.03%
TJX	A	0.37%	0.71%	0.37%
TMUS	B	2.03%	0.33%	0.33%
TRGP	B	0.08%	0.24%	0.08%
TRV	B	0.32%	0.14%	0.14%
TSN	B	0.32%	0.35%	0.32%
ULTA	F	0.16%	0.17%	0.16%
UNH	C	0.83%	0.25%	0.25%
V	A	0.59%	0.04%	0.04%
VRSN	F	0.35%	0.27%	0.27%
VRTX	F	1.13%	0.23%	0.23%
VZ	C	0.76%	0.32%	0.32%
WEC	A	0.68%	0.07%	0.07%
WM	A	1.5%	0.18%	0.18%
WMT	A	1.82%	0.72%	0.72%
WRB	A	0.41%	0.13%	0.13%
WTW	B	0.1%	0.04%	0.04%
XEL	A	0.11%	0.07%	0.07%
XOM	B	0.1%	0.75%	0.1%
YUM	B	0.24%	0.5%	0.24%

ACWV Overweight 19 Positions Relative to SHUS

Symbol	Grade	Weight
MKL	A	0.43%
UTHR	C	0.4%
WCN	A	0.39%
CHT	D	0.37%
BAH	F	0.37%
NBIX	C	0.31%
FCNCA	A	0.23%
FWONK	B	0.22%
MFG	B	0.21%
BMRN	D	0.19%
LNG	B	0.16%
WIT	A	0.12%
AZPN	A	0.11%
WDAY	B	0.1%
TPL	A	0.1%
KNX	B	0.06%
DINO	D	0.06%
ACI	C	0.05%
HKD	F	0.0%

ACWV Underweight 380 Positions Relative to SHUS

Symbol	Grade	Weight
CVX	A	-0.75%
SYY	B	-0.73%
ROST	C	-0.71%
COST	B	-0.7%
COF	B	-0.69%
SYF	B	-0.68%
CVS	D	-0.68%
DFS	B	-0.68%
WBA	F	-0.63%
CMCSA	B	-0.51%
PSX	C	-0.5%
DRI	B	-0.5%
EL	F	-0.49%
VLO	C	-0.49%
AAPL	C	-0.49%
CMG	B	-0.49%
SBUX	A	-0.48%
TTWO	A	-0.48%
MTCH	D	-0.46%
CHTR	C	-0.46%
META	D	-0.46%
CLX	B	-0.41%
KVUE	A	-0.41%
BWA	D	-0.41%
VST	B	-0.4%
PWR	A	-0.4%
APTV	D	-0.39%
J	F	-0.39%
CEG	D	-0.38%
JBL	B	-0.37%
ADM	D	-0.36%
BG	F	-0.36%
PM	B	-0.35%
BKR	B	-0.35%
MO	A	-0.35%
CRM	B	-0.35%
SLB	C	-0.34%
SNPS	B	-0.34%
HPQ	B	-0.34%
NKE	D	-0.33%
IPG	D	-0.33%
OMC	C	-0.33%
HCA	F	-0.33%
CDNS	B	-0.33%
HAL	C	-0.33%
AWK	D	-0.32%
RL	B	-0.32%
UHS	D	-0.32%
ATO	A	-0.32%
NI	A	-0.32%
TPR	B	-0.32%
GRMN	B	-0.32%
NRG	B	-0.32%
AES	F	-0.31%
NVR	D	-0.3%
LULU	C	-0.3%
FCX	D	-0.29%
EXC	C	-0.29%
DECK	A	-0.29%
UAL	A	-0.28%
STLD	B	-0.27%
TSLA	B	-0.27%
DAL	C	-0.27%
MS	A	-0.26%
HUBB	B	-0.26%
ETN	A	-0.26%
EQIX	A	-0.26%
SWK	D	-0.26%
DLR	B	-0.26%
ZTS	D	-0.25%
STZ	D	-0.25%
PHM	D	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
SNA	A	-0.25%
SCHW	B	-0.25%
CNP	B	-0.25%
RJF	A	-0.25%
LOW	D	-0.25%
ENPH	F	-0.25%
NUE	C	-0.25%
HAS	D	-0.25%
HD	A	-0.25%
PEG	A	-0.25%
GS	A	-0.25%
CNC	D	-0.25%
D	C	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
PFE	D	-0.24%
BIIB	F	-0.24%
NEE	D	-0.24%
WMB	A	-0.24%
GM	B	-0.24%
LEN	D	-0.24%
F	C	-0.24%
DTE	C	-0.24%
CTLT	B	-0.24%
EIX	B	-0.24%
NXPI	D	-0.23%
MRNA	F	-0.23%
DHI	D	-0.23%
LW	C	-0.22%
EBAY	D	-0.22%
DAY	B	-0.22%
NOW	A	-0.22%
QCOM	F	-0.22%
NFLX	A	-0.22%
AVGO	D	-0.22%
PLTR	B	-0.22%
ADI	D	-0.22%
CPRT	A	-0.22%
GOOGL	C	-0.22%
TXN	C	-0.22%
ON	D	-0.22%
GOOG	C	-0.22%
AOS	F	-0.21%
MKC	D	-0.21%
QRVO	F	-0.21%
SWKS	F	-0.21%
MET	A	-0.21%
ADP	B	-0.21%
PAYX	C	-0.21%
PAYC	B	-0.21%
TYL	B	-0.21%
MPWR	F	-0.21%
AMZN	C	-0.21%
IR	B	-0.2%
IEX	B	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
INTU	C	-0.2%
FSLR	F	-0.2%
PRU	A	-0.2%
DIS	B	-0.2%
PFG	D	-0.2%
TEL	B	-0.19%
XYL	D	-0.19%
MAS	D	-0.19%
HPE	B	-0.19%
WBD	C	-0.19%
GLW	B	-0.19%
BBWI	D	-0.19%
PNR	A	-0.19%
ALL	A	-0.19%
BLDR	D	-0.19%
GL	B	-0.19%
AIG	B	-0.19%
CRWD	B	-0.18%
EQT	B	-0.18%
GEV	B	-0.18%
MHK	D	-0.18%
TGT	F	-0.17%
MMM	D	-0.17%
ANSS	B	-0.17%
DG	F	-0.17%
GE	D	-0.17%
FTNT	C	-0.17%
MLM	B	-0.17%
NTAP	C	-0.17%
DOV	A	-0.17%
ITW	B	-0.17%
WY	D	-0.17%
BBY	D	-0.17%
CTRA	B	-0.17%
DLTR	F	-0.17%
DELL	C	-0.17%
KLAC	D	-0.17%
VMC	B	-0.17%
STX	D	-0.17%
WDC	D	-0.17%
AMAT	F	-0.17%
CTAS	B	-0.17%
PANW	C	-0.16%
INTC	D	-0.16%
DVN	F	-0.16%
BA	F	-0.16%
LH	C	-0.16%
TXT	D	-0.16%
HON	B	-0.16%
ADSK	A	-0.16%
TER	D	-0.16%
TECH	D	-0.15%
A	D	-0.15%
WAT	B	-0.15%
SMCI	F	-0.15%
MU	D	-0.15%
ADBE	C	-0.15%
MTD	D	-0.14%
CRL	C	-0.14%
CINF	A	-0.14%
URI	B	-0.14%
HIG	B	-0.14%
CAT	B	-0.14%
AMD	F	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
TMO	F	-0.14%
EPAM	C	-0.13%
POOL	C	-0.13%
WFC	A	-0.13%
GWW	B	-0.13%
C	A	-0.13%
DE	A	-0.13%
WAB	B	-0.13%
ZBRA	B	-0.13%
BKNG	A	-0.13%
NVDA	C	-0.13%
MCHP	D	-0.13%
LDOS	C	-0.13%
IQV	D	-0.13%
HLT	A	-0.12%
SYK	C	-0.12%
ABNB	C	-0.12%
MAR	B	-0.12%
EXPE	B	-0.12%
STE	F	-0.12%
ISRG	A	-0.12%
CDW	F	-0.12%
BAC	A	-0.12%
BALL	D	-0.12%
JPM	A	-0.12%
ZBH	C	-0.12%
FAST	B	-0.12%
TSCO	D	-0.12%
PCAR	B	-0.12%
AMCR	D	-0.12%
AME	A	-0.12%
VTR	C	-0.11%
DVA	B	-0.11%
WELL	A	-0.11%
EXR	D	-0.11%
DOC	D	-0.11%
BR	A	-0.11%
BXP	D	-0.11%
HST	C	-0.11%
BK	A	-0.11%
UBER	D	-0.11%
STT	A	-0.11%
PODD	C	-0.1%
NWSA	B	-0.1%
DHR	F	-0.1%
NWS	B	-0.1%
RVTY	F	-0.1%
ESS	B	-0.1%
INVH	D	-0.1%
EQR	B	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
GEHC	F	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
FOXA	B	-0.1%
AVB	B	-0.1%
PSA	D	-0.1%
ARE	D	-0.1%
CPT	B	-0.1%
AXON	A	-0.09%
EXPD	D	-0.09%
KKR	A	-0.09%
CCL	B	-0.09%
AMP	A	-0.09%
NCLH	B	-0.09%
BLK	C	-0.09%
IVZ	B	-0.09%
LYV	A	-0.09%
RMD	C	-0.09%
DXCM	D	-0.09%
IDXX	F	-0.09%
PPL	B	-0.08%
EVRG	A	-0.08%
CARR	D	-0.08%
LNT	A	-0.08%
TT	A	-0.08%
JCI	C	-0.08%
PH	A	-0.08%
GNRC	B	-0.08%
UNP	C	-0.08%
WYNN	D	-0.08%
NSC	B	-0.08%
OTIS	C	-0.08%
CMI	A	-0.08%
HII	D	-0.08%
BX	A	-0.08%
RTX	C	-0.08%
ODFL	B	-0.08%
NTRS	A	-0.08%
LVS	C	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CSX	B	-0.08%
LHX	C	-0.08%
FMC	D	-0.08%
BEN	C	-0.08%
TROW	B	-0.08%
RCL	A	-0.08%
UPS	C	-0.08%
LYB	F	-0.07%
SW	A	-0.07%
OXY	D	-0.07%
PPG	F	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MGM	D	-0.07%
MRO	B	-0.07%
EOG	A	-0.07%
APA	D	-0.07%
DOW	F	-0.07%
HES	B	-0.07%
PNW	B	-0.07%
CE	F	-0.07%
ALLE	D	-0.07%
ES	D	-0.07%
FDX	B	-0.07%
SRE	A	-0.07%
HWM	A	-0.07%
KEY	B	-0.06%
RF	A	-0.06%
PNC	B	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
MDT	D	-0.06%
PYPL	B	-0.06%
AMT	D	-0.06%
BSX	B	-0.06%
IP	B	-0.06%
KIM	A	-0.06%
REG	B	-0.06%
AVY	D	-0.06%
FRT	B	-0.06%
PLD	D	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	D	-0.06%
PKG	A	-0.06%
O	D	-0.06%
SPG	B	-0.06%
IRM	D	-0.06%
TDG	D	-0.06%
SHW	A	-0.06%
AXP	A	-0.05%
APD	A	-0.05%
SOLV	C	-0.05%
IFF	D	-0.05%
ECL	D	-0.05%
BAX	D	-0.05%
WST	C	-0.05%
TFX	F	-0.05%
EMN	D	-0.05%
ALB	C	-0.05%
DD	D	-0.05%
FIS	C	-0.05%
HBAN	A	-0.05%
TFC	A	-0.05%
USB	A	-0.05%
CFG	B	-0.05%
FITB	A	-0.05%
EFX	F	-0.04%
MCO	B	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
GPN	B	-0.04%
SPGI	C	-0.04%
VRSK	A	-0.04%
ICE	C	-0.04%
FDS	B	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
LIN	D	-0.04%
MSCI	C	-0.04%
ROK	B	-0.03%
VLTO	D	-0.03%
EMR	A	-0.03%
NDSN	B	-0.03%
FTV	C	-0.03%
TRMB	B	-0.03%