IWX vs. SHUS ETF Comparison

Comparison of iShares Russell Top 200 Value ETF (IWX) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

IWX

iShares Russell Top 200 Value ETF

IWX Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Value Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization value sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$83.64

Average Daily Volume

315,799

Number of Holdings ^*

158

* 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	IWX	SHUS
30 Days	1.68%	2.26%
60 Days	4.10%	3.81%
90 Days	5.84%	5.24%
12 Months	27.34%	15.89%

154 Overlapping Holdings

Symbol	Grade	Weight in IWX	Weight in SHUS	Overlap
ABBV	F	1.0%	0.24%	0.24%
ABT	B	1.21%	0.06%	0.06%
ACN	B	1.34%	0.13%	0.13%
ADI	D	0.62%	0.22%	0.22%
ADP	A	0.05%	0.21%	0.05%
AEP	C	0.31%	0.24%	0.24%
AIG	B	0.3%	0.19%	0.19%
AMAT	F	0.07%	0.17%	0.07%
AMD	F	0.45%	0.14%	0.14%
AMGN	F	0.2%	0.23%	0.2%
AON	A	0.45%	0.04%	0.04%
APD	A	0.43%	0.05%	0.05%
APH	A	0.21%	0.18%	0.18%
AXP	A	0.61%	0.05%	0.05%
AZO	C	0.03%	0.15%	0.03%
BA	F	0.49%	0.16%	0.16%
BAC	A	1.91%	0.12%	0.12%
BDX	F	0.39%	0.05%	0.05%
BKNG	A	0.06%	0.13%	0.06%
BLK	B	0.93%	0.09%	0.09%
BMY	B	0.69%	0.25%	0.25%
BRK.A	B	5.18%	0.49%	0.49%
BSX	A	0.77%	0.06%	0.06%
C	A	0.79%	0.13%	0.13%
CARR	C	0.38%	0.08%	0.08%
CAT	B	0.97%	0.14%	0.14%
CB	C	0.7%	0.14%	0.14%
CEG	C	0.36%	0.38%	0.36%
CI	D	0.49%	0.18%	0.18%
CL	D	0.21%	0.4%	0.21%
CMCSA	B	0.99%	0.51%	0.51%
CME	B	0.49%	0.04%	0.04%
COF	C	0.42%	0.69%	0.42%
COP	C	0.79%	0.07%	0.07%
CPRT	B	0.02%	0.22%	0.02%
CRM	B	0.28%	0.35%	0.28%
CSCO	B	1.4%	0.21%	0.21%
CSX	C	0.41%	0.08%	0.08%
CTAS	B	0.02%	0.17%	0.02%
CVS	D	0.4%	0.68%	0.4%
CVX	A	1.68%	0.75%	0.75%
D	C	0.29%	0.24%	0.24%
DE	B	0.61%	0.13%	0.13%
DELL	B	0.18%	0.17%	0.17%
DHR	F	0.9%	0.1%	0.1%
DIS	B	1.27%	0.2%	0.2%
DUK	C	0.52%	0.07%	0.07%
ECL	D	0.05%	0.05%	0.05%
EL	F	0.06%	0.49%	0.06%
ELV	F	0.47%	0.24%	0.24%
EMR	B	0.44%	0.03%	0.03%
EOG	A	0.47%	0.07%	0.07%
EQIX	A	0.49%	0.26%	0.26%
ETN	A	0.86%	0.26%	0.26%
EW	C	0.2%	0.06%	0.06%
F	C	0.26%	0.24%	0.24%
FCX	F	0.37%	0.29%	0.29%
FDX	B	0.4%	0.07%	0.07%
FI	A	0.5%	0.06%	0.06%
FTNT	C	0.07%	0.17%	0.07%
GD	D	0.47%	0.16%	0.16%
GE	D	0.91%	0.17%	0.17%
GEV	B	0.54%	0.18%	0.18%
GILD	C	0.66%	0.24%	0.24%
GM	C	0.38%	0.24%	0.24%
GS	A	0.83%	0.25%	0.25%
HCA	F	0.29%	0.33%	0.29%
HD	B	0.49%	0.25%	0.25%
HON	C	0.76%	0.16%	0.16%
IBM	C	1.13%	0.33%	0.33%
ICE	C	0.53%	0.04%	0.04%
INTC	C	0.62%	0.16%	0.16%
ITW	B	0.3%	0.17%	0.17%
JCI	B	0.34%	0.08%	0.08%
JNJ	C	2.24%	0.23%	0.23%
JPM	A	4.24%	0.12%	0.12%
KDP	F	0.21%	0.24%	0.21%
KHC	F	0.17%	0.21%	0.17%
KKR	A	0.43%	0.09%	0.09%
KMB	C	0.16%	0.41%	0.16%
KO	D	0.62%	0.24%	0.24%
LIN	C	1.3%	0.04%	0.04%
LMT	D	0.47%	0.08%	0.08%
LOW	C	0.93%	0.25%	0.25%
MAR	A	0.38%	0.12%	0.12%
MCD	D	1.19%	0.49%	0.49%
MCK	A	0.27%	0.18%	0.18%
MDLZ	F	0.52%	0.18%	0.18%
MDT	D	0.68%	0.06%	0.06%
MET	A	0.3%	0.21%	0.21%
MMC	B	0.57%	0.03%	0.03%
MMM	D	0.35%	0.17%	0.17%
MNST	C	0.04%	0.25%	0.04%
MO	A	0.58%	0.35%	0.35%
MPC	D	0.33%	0.48%	0.33%
MRNA	F	0.07%	0.23%	0.07%
MS	A	0.88%	0.26%	0.26%
MSI	B	0.26%	0.49%	0.26%
MU	D	0.64%	0.15%	0.15%
NEE	C	0.95%	0.24%	0.24%
NEM	D	0.28%	0.24%	0.24%
NKE	F	0.21%	0.33%	0.21%
NOC	D	0.41%	0.08%	0.08%
NSC	B	0.36%	0.08%	0.08%
ORLY	B	0.03%	0.14%	0.03%
OXY	D	0.2%	0.07%	0.07%
PCAR	B	0.35%	0.12%	0.12%
PEP	F	0.28%	0.17%	0.17%
PFE	F	0.85%	0.24%	0.24%
PG	C	1.87%	0.41%	0.41%
PGR	A	0.14%	0.19%	0.14%
PH	A	0.54%	0.08%	0.08%
PLD	F	0.63%	0.06%	0.06%
PM	B	1.2%	0.35%	0.35%
PNC	B	0.5%	0.06%	0.06%
PSA	C	0.27%	0.1%	0.1%
PSX	C	0.33%	0.5%	0.33%
PYPL	B	0.53%	0.06%	0.06%
QCOM	F	0.07%	0.22%	0.07%
REGN	F	0.44%	0.23%	0.23%
ROP	B	0.35%	0.03%	0.03%
RSG	A	0.26%	0.18%	0.18%
RTX	D	0.95%	0.08%	0.08%
SBUX	A	0.15%	0.48%	0.15%
SCHW	B	0.65%	0.25%	0.25%
SHW	B	0.05%	0.06%	0.05%
SLB	C	0.37%	0.34%	0.34%
SO	C	0.58%	0.08%	0.08%
SPGI	C	0.95%	0.04%	0.04%
SRE	A	0.35%	0.07%	0.07%
STZ	D	0.23%	0.25%	0.23%
SYK	B	0.6%	0.12%	0.12%
T	A	0.98%	0.33%	0.33%
TDG	D	0.33%	0.06%	0.06%
TFC	A	0.37%	0.05%	0.05%
TGT	F	0.42%	0.17%	0.17%
TJX	A	0.33%	0.71%	0.33%
TMO	F	1.18%	0.14%	0.14%
TMUS	B	0.69%	0.33%	0.33%
TRV	B	0.36%	0.14%	0.14%
TT	A	0.37%	0.08%	0.08%
TXN	C	0.97%	0.22%	0.22%
UNH	B	3.06%	0.25%	0.25%
UNP	C	0.45%	0.08%	0.08%
UPS	C	0.59%	0.08%	0.08%
USB	A	0.47%	0.05%	0.05%
VLO	C	0.27%	0.49%	0.27%
VRTX	D	0.36%	0.23%	0.23%
VZ	C	1.06%	0.32%	0.32%
WELL	A	0.49%	0.11%	0.11%
WFC	A	1.57%	0.13%	0.13%
WMT	A	2.2%	0.72%	0.72%
XOM	B	3.23%	0.75%	0.75%
ZTS	D	0.08%	0.25%	0.08%

IWX Overweight 4 Positions Relative to SHUS

Symbol	Grade	Weight
MRVL	B	0.42%
CRH	A	0.41%
APO	B	0.13%
DASH	B	0.04%

IWX Underweight 346 Positions Relative to SHUS

Symbol	Grade	Weight
KR	B	-0.73%
SYY	D	-0.73%
ROST	D	-0.71%
COST	A	-0.7%
SYF	B	-0.68%
DFS	B	-0.68%
WBA	F	-0.63%
DPZ	C	-0.52%
DRI	B	-0.5%
YUM	D	-0.5%
L	A	-0.49%
AAPL	C	-0.49%
CMG	B	-0.49%
EA	A	-0.48%
TTWO	A	-0.48%
MTCH	D	-0.46%
CHTR	C	-0.46%
META	D	-0.46%
CLX	A	-0.41%
KVUE	A	-0.41%
BWA	D	-0.41%
CHD	A	-0.41%
VST	A	-0.4%
PWR	A	-0.4%
APTV	F	-0.39%
J	D	-0.39%
JBL	C	-0.37%
HRL	D	-0.36%
ADM	D	-0.36%
BG	D	-0.36%
BKR	A	-0.35%
TSN	B	-0.35%
ORCL	A	-0.34%
SNPS	B	-0.34%
HPQ	B	-0.34%
IPG	D	-0.33%
OMC	C	-0.33%
CDNS	B	-0.33%
HAL	C	-0.33%
AWK	C	-0.32%
MSFT	D	-0.32%
RL	C	-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%
EXC	C	-0.29%
DECK	A	-0.29%
UAL	A	-0.28%
VRSN	C	-0.27%
STLD	B	-0.27%
TSLA	B	-0.27%
DAL	B	-0.27%
HUM	C	-0.26%
HUBB	B	-0.26%
SWK	D	-0.26%
DLR	B	-0.26%
GDDY	A	-0.26%
AKAM	D	-0.26%
PHM	D	-0.25%
MOH	F	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
SNA	A	-0.25%
INCY	C	-0.25%
CNP	A	-0.25%
RJF	A	-0.25%
ENPH	F	-0.25%
NUE	C	-0.25%
HAS	D	-0.25%
PEG	A	-0.25%
CNC	D	-0.25%
MRK	D	-0.24%
TRGP	A	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
ED	C	-0.24%
BIIB	F	-0.24%
WMB	A	-0.24%
LEN	D	-0.24%
DTE	C	-0.24%
CTLT	C	-0.24%
EIX	B	-0.24%
NXPI	D	-0.23%
LLY	F	-0.23%
DHI	F	-0.23%
LW	C	-0.22%
EBAY	D	-0.22%
DAY	B	-0.22%
NOW	A	-0.22%
NFLX	A	-0.22%
AVGO	D	-0.22%
PLTR	B	-0.22%
GOOGL	C	-0.22%
ON	D	-0.22%
GOOG	C	-0.22%
ANET	C	-0.21%
AOS	F	-0.21%
MKC	C	-0.21%
QRVO	F	-0.21%
SWKS	F	-0.21%
SJM	D	-0.21%
GIS	D	-0.21%
CAG	F	-0.21%
PAYX	B	-0.21%
PAYC	B	-0.21%
TYL	B	-0.21%
MPWR	F	-0.21%
AMZN	C	-0.21%
IR	B	-0.2%
IEX	C	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
FFIV	B	-0.2%
CPB	D	-0.2%
ERIE	D	-0.2%
AIZ	A	-0.2%
INTU	B	-0.2%
HSIC	C	-0.2%
FSLR	F	-0.2%
PRU	A	-0.2%
KEYS	A	-0.2%
PFG	D	-0.2%
CAH	B	-0.19%
TEL	B	-0.19%
XYL	D	-0.19%
MAS	D	-0.19%
HPE	B	-0.19%
WBD	B	-0.19%
GLW	B	-0.19%
BBWI	C	-0.19%
PNR	A	-0.19%
ALL	A	-0.19%
BLDR	D	-0.19%
GL	C	-0.19%
JNPR	D	-0.19%
CRWD	B	-0.18%
EQT	B	-0.18%
WM	B	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
K	A	-0.18%
MHK	D	-0.18%
ANSS	B	-0.17%
DG	F	-0.17%
MLM	C	-0.17%
NTAP	C	-0.17%
DOV	A	-0.17%
GEN	B	-0.17%
WY	F	-0.17%
BBY	D	-0.17%
CTRA	B	-0.17%
DLTR	F	-0.17%
PTC	B	-0.17%
KLAC	F	-0.17%
VMC	B	-0.17%
STX	C	-0.17%
WDC	D	-0.17%
HSY	F	-0.17%
ULTA	F	-0.17%
PANW	B	-0.16%
DVN	F	-0.16%
DGX	A	-0.16%
LH	B	-0.16%
TXT	D	-0.16%
ADSK	A	-0.16%
TER	F	-0.16%
TECH	F	-0.15%
GPC	D	-0.15%
A	D	-0.15%
WAT	C	-0.15%
SMCI	F	-0.15%
ADBE	C	-0.15%
MTD	F	-0.14%
CRL	D	-0.14%
CINF	A	-0.14%
URI	C	-0.14%
HIG	B	-0.14%
ACGL	C	-0.14%
EG	C	-0.14%
KMX	B	-0.14%
LKQ	F	-0.14%
IT	C	-0.13%
EPAM	B	-0.13%
POOL	C	-0.13%
GWW	B	-0.13%
CTSH	B	-0.13%
WAB	B	-0.13%
ZBRA	B	-0.13%
NVDA	B	-0.13%
MCHP	F	-0.13%
LDOS	C	-0.13%
WRB	A	-0.13%
IQV	F	-0.13%
HLT	A	-0.12%
ABNB	C	-0.12%
EXPE	B	-0.12%
STE	D	-0.12%
ISRG	A	-0.12%
CDW	F	-0.12%
BALL	F	-0.12%
ZBH	C	-0.12%
FAST	B	-0.12%
TSCO	D	-0.12%
AMCR	C	-0.12%
AME	A	-0.12%
VTR	B	-0.11%
DVA	C	-0.11%
EXR	C	-0.11%
DOC	C	-0.11%
BR	A	-0.11%
BXP	C	-0.11%
HST	C	-0.11%
BK	A	-0.11%
UBER	F	-0.11%
STT	B	-0.11%
HOLX	D	-0.1%
PODD	C	-0.1%
NWSA	A	-0.1%
NWS	A	-0.1%
RVTY	F	-0.1%
ESS	B	-0.1%
INVH	D	-0.1%
EQR	C	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
GEHC	D	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
FOXA	A	-0.1%
AVB	B	-0.1%
ARE	F	-0.1%
CPT	B	-0.1%
AXON	A	-0.09%
EXPD	C	-0.09%
CCL	A	-0.09%
AMP	A	-0.09%
CHRW	B	-0.09%
NCLH	B	-0.09%
CF	A	-0.09%
IVZ	B	-0.09%
LYV	A	-0.09%
RMD	C	-0.09%
DXCM	C	-0.09%
IDXX	F	-0.09%
PPL	A	-0.08%
EVRG	A	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
GNRC	C	-0.08%
WYNN	C	-0.08%
OTIS	C	-0.08%
CMI	A	-0.08%
HII	F	-0.08%
BX	A	-0.08%
ODFL	C	-0.08%
NTRS	A	-0.08%
LVS	B	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CTVA	C	-0.08%
LHX	C	-0.08%
FMC	D	-0.08%
BEN	C	-0.08%
TROW	B	-0.08%
RCL	A	-0.08%
LYB	F	-0.07%
SW	A	-0.07%
FANG	C	-0.07%
PPG	F	-0.07%
CZR	F	-0.07%
MGM	D	-0.07%
MRO	B	-0.07%
APA	D	-0.07%
DOW	F	-0.07%
HES	B	-0.07%
PNW	A	-0.07%
CE	F	-0.07%
ALLE	C	-0.07%
WEC	A	-0.07%
ES	C	-0.07%
PCG	A	-0.07%
XEL	A	-0.07%
CMS	C	-0.07%
HWM	A	-0.07%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
AMT	C	-0.06%
IP	A	-0.06%
KIM	A	-0.06%
REG	A	-0.06%
AVY	F	-0.06%
FRT	B	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	C	-0.06%
PKG	A	-0.06%
O	C	-0.06%
SPG	A	-0.06%
IRM	C	-0.06%
MA	B	-0.05%
SOLV	D	-0.05%
IFF	D	-0.05%
BAX	F	-0.05%
WST	C	-0.05%
TFX	F	-0.05%
EMN	C	-0.05%
ALB	B	-0.05%
DD	C	-0.05%
FIS	C	-0.05%
JKHY	D	-0.05%
HBAN	A	-0.05%
CFG	B	-0.05%
FITB	B	-0.05%
EFX	F	-0.04%
WTW	B	-0.04%
MCO	B	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
GPN	B	-0.04%
CBOE	C	-0.04%
VRSK	A	-0.04%
FDS	B	-0.04%
V	A	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
MSCI	C	-0.04%
ROK	C	-0.03%
FICO	B	-0.03%
VLTO	C	-0.03%
NDSN	B	-0.03%
FTV	C	-0.03%
TRMB	B	-0.03%
TDY	B	-0.03%
AJG	A	-0.03%
BRO	B	-0.03%