PY vs. SHUS ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* 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	PY	SHUS
30 Days	4.03%	2.26%
60 Days	5.45%	3.81%
90 Days	7.68%	5.24%
12 Months	30.80%	15.89%

105 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in SHUS	Overlap
AAPL	C	3.82%	0.49%	0.49%
ACN	C	1.18%	0.13%	0.13%
ADM	D	0.65%	0.36%	0.36%
ADP	B	1.01%	0.21%	0.21%
AIG	B	0.81%	0.19%	0.19%
AIZ	A	0.78%	0.2%	0.2%
ALLE	D	0.73%	0.07%	0.07%
AMP	A	0.99%	0.09%	0.09%
AOS	F	0.66%	0.21%	0.21%
ARE	D	0.66%	0.1%	0.1%
AVB	B	0.75%	0.1%	0.1%
AVGO	D	2.35%	0.22%	0.22%
AXP	A	1.13%	0.05%	0.05%
BBWI	D	0.75%	0.19%	0.19%
BEN	C	0.77%	0.08%	0.08%
BK	A	0.91%	0.11%	0.11%
BKR	B	0.94%	0.35%	0.35%
BMY	B	1.05%	0.25%	0.25%
BR	A	0.79%	0.11%	0.11%
CAT	B	1.18%	0.14%	0.14%
CB	C	0.91%	0.14%	0.14%
CF	B	0.77%	0.09%	0.09%
CI	F	0.81%	0.18%	0.18%
CINF	A	0.79%	0.14%	0.14%
CMCSA	B	1.09%	0.51%	0.51%
CPT	B	0.69%	0.1%	0.1%
CSX	B	0.86%	0.08%	0.08%
CTSH	B	0.8%	0.13%	0.13%
CVS	D	0.78%	0.68%	0.68%
CVX	A	1.35%	0.75%	0.75%
DD	D	0.78%	0.05%	0.05%
DE	A	0.91%	0.13%	0.13%
DFS	B	1.0%	0.68%	0.68%
DRI	B	0.76%	0.5%	0.5%
EBAY	D	0.77%	0.22%	0.22%
EG	C	0.68%	0.14%	0.14%
EMN	D	0.72%	0.05%	0.05%
EQT	B	0.94%	0.18%	0.18%
ESS	B	0.72%	0.1%	0.1%
FANG	D	0.75%	0.07%	0.07%
FDX	B	0.83%	0.07%	0.07%
FITB	A	0.85%	0.05%	0.05%
FOXA	B	0.83%	0.1%	0.1%
GIS	D	0.65%	0.21%	0.21%
GPC	D	0.66%	0.15%	0.15%
HAL	C	0.76%	0.33%	0.33%
HD	A	1.58%	0.25%	0.25%
HIG	B	0.75%	0.14%	0.14%
HPE	B	0.88%	0.19%	0.19%
HPQ	B	0.79%	0.34%	0.34%
HRL	D	0.65%	0.36%	0.36%
HSY	F	0.66%	0.17%	0.17%
INVH	D	0.67%	0.1%	0.1%
ITW	B	0.9%	0.17%	0.17%
KMB	D	0.69%	0.41%	0.41%
KR	B	0.84%	0.73%	0.73%
LMT	D	0.88%	0.08%	0.08%
LOW	D	1.06%	0.25%	0.25%
LYB	F	0.64%	0.07%	0.07%
MAA	B	0.7%	0.1%	0.1%
MDLZ	F	0.77%	0.18%	0.18%
MET	A	0.85%	0.21%	0.21%
MKC	D	0.65%	0.21%	0.21%
MMC	B	0.88%	0.03%	0.03%
MO	A	0.89%	0.35%	0.35%
MPC	D	0.75%	0.48%	0.48%
MRO	B	0.76%	0.07%	0.07%
MS	A	1.26%	0.26%	0.26%
MSFT	F	3.5%	0.32%	0.32%
NDAQ	A	0.8%	0.04%	0.04%
NDSN	B	0.74%	0.03%	0.03%
NKE	D	0.82%	0.33%	0.33%
NVDA	C	3.38%	0.13%	0.13%
OTIS	C	0.82%	0.08%	0.08%
OXY	D	0.72%	0.07%	0.07%
PAYX	C	0.85%	0.21%	0.21%
PLD	D	0.82%	0.06%	0.06%
PNC	B	0.96%	0.06%	0.06%
PNR	A	0.87%	0.19%	0.19%
PPG	F	0.73%	0.07%	0.07%
PRU	A	0.84%	0.2%	0.2%
PSX	C	0.79%	0.5%	0.5%
QCOM	F	1.07%	0.22%	0.22%
RF	A	0.85%	0.06%	0.06%
RL	B	0.84%	0.32%	0.32%
ROK	B	0.82%	0.03%	0.03%
RTX	C	1.0%	0.08%	0.08%
SBAC	D	0.66%	0.06%	0.06%
SLB	C	0.85%	0.34%	0.34%
SNA	A	0.93%	0.25%	0.25%
SPG	B	0.85%	0.06%	0.06%
STLD	B	0.88%	0.27%	0.27%
SWKS	F	0.6%	0.21%	0.21%
SYF	B	0.97%	0.68%	0.68%
SYY	B	0.72%	0.73%	0.72%
TAP	C	0.78%	0.25%	0.25%
TJX	A	0.98%	0.71%	0.71%
TRGP	B	0.97%	0.24%	0.24%
TRV	B	0.86%	0.14%	0.14%
TT	A	1.0%	0.08%	0.08%
VICI	C	0.7%	0.06%	0.06%
VLO	C	0.8%	0.49%	0.49%
WFC	A	1.43%	0.13%	0.13%
WTW	B	0.79%	0.04%	0.04%
XOM	B	1.82%	0.75%	0.75%

PY Overweight 0 Positions Relative to SHUS

	Symbol	Grade	Weight

PY Underweight 395 Positions Relative to SHUS

Symbol	Grade	Weight
WMT	A	-0.72%
ROST	C	-0.71%
COST	B	-0.7%
COF	B	-0.69%
WBA	F	-0.63%
DPZ	C	-0.52%
YUM	B	-0.5%
L	A	-0.49%
EL	F	-0.49%
MSI	B	-0.49%
MCD	D	-0.49%
CMG	B	-0.49%
BRK.A	B	-0.49%
SBUX	A	-0.48%
EA	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%
PG	A	-0.41%
BWA	D	-0.41%
CHD	B	-0.41%
VST	B	-0.4%
PWR	A	-0.4%
CL	D	-0.4%
APTV	D	-0.39%
J	F	-0.39%
CEG	D	-0.38%
JBL	B	-0.37%
BG	F	-0.36%
PM	B	-0.35%
CRM	B	-0.35%
TSN	B	-0.35%
ORCL	B	-0.34%
SNPS	B	-0.34%
T	A	-0.33%
TMUS	B	-0.33%
IPG	D	-0.33%
OMC	C	-0.33%
HCA	F	-0.33%
CDNS	B	-0.33%
IBM	C	-0.33%
AWK	D	-0.32%
UHS	D	-0.32%
ATO	A	-0.32%
NI	A	-0.32%
TPR	B	-0.32%
GRMN	B	-0.32%
VZ	C	-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%
VRSN	F	-0.27%
TSLA	B	-0.27%
DAL	C	-0.27%
HUM	C	-0.26%
HUBB	B	-0.26%
ETN	A	-0.26%
EQIX	A	-0.26%
SWK	D	-0.26%
DLR	B	-0.26%
GDDY	A	-0.26%
AKAM	D	-0.26%
ZTS	D	-0.25%
STZ	D	-0.25%
PHM	D	-0.25%
MOH	F	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
ETR	B	-0.25%
INCY	C	-0.25%
SCHW	B	-0.25%
CNP	B	-0.25%
RJF	A	-0.25%
UNH	C	-0.25%
ENPH	F	-0.25%
NUE	C	-0.25%
HAS	D	-0.25%
PEG	A	-0.25%
GS	A	-0.25%
CNC	D	-0.25%
AEP	D	-0.24%
MRK	F	-0.24%
D	C	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
ED	D	-0.24%
KDP	D	-0.24%
PFE	D	-0.24%
BIIB	F	-0.24%
ABBV	D	-0.24%
NEE	D	-0.24%
WMB	A	-0.24%
NEM	D	-0.24%
GM	B	-0.24%
LEN	D	-0.24%
ELV	F	-0.24%
KO	D	-0.24%
F	C	-0.24%
DTE	C	-0.24%
GILD	C	-0.24%
CTLT	B	-0.24%
EIX	B	-0.24%
REGN	F	-0.23%
NXPI	D	-0.23%
VRTX	F	-0.23%
LLY	F	-0.23%
MRNA	F	-0.23%
AMGN	D	-0.23%
JNJ	D	-0.23%
DHI	D	-0.23%
LW	C	-0.22%
DAY	B	-0.22%
NOW	A	-0.22%
NFLX	A	-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%
KHC	F	-0.21%
CSCO	B	-0.21%
ANET	C	-0.21%
QRVO	F	-0.21%
SJM	D	-0.21%
CAG	D	-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%
FFIV	B	-0.2%
CPB	D	-0.2%
ERIE	D	-0.2%
INTU	C	-0.2%
HSIC	B	-0.2%
FSLR	F	-0.2%
KEYS	A	-0.2%
DIS	B	-0.2%
PFG	D	-0.2%
CAH	B	-0.19%
TEL	B	-0.19%
XYL	D	-0.19%
MAS	D	-0.19%
PGR	A	-0.19%
WBD	C	-0.19%
GLW	B	-0.19%
ALL	A	-0.19%
BLDR	D	-0.19%
GL	B	-0.19%
JNPR	F	-0.19%
RSG	A	-0.18%
CRWD	B	-0.18%
GEV	B	-0.18%
WM	A	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
K	A	-0.18%
MCK	B	-0.18%
MHK	D	-0.18%
APH	A	-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%
GEN	B	-0.17%
WY	D	-0.17%
BBY	D	-0.17%
CTRA	B	-0.17%
DLTR	F	-0.17%
PTC	A	-0.17%
DELL	C	-0.17%
KLAC	D	-0.17%
VMC	B	-0.17%
STX	D	-0.17%
WDC	D	-0.17%
PEP	F	-0.17%
AMAT	F	-0.17%
ULTA	F	-0.17%
CTAS	B	-0.17%
PANW	C	-0.16%
INTC	D	-0.16%
GD	F	-0.16%
DVN	F	-0.16%
BA	F	-0.16%
DGX	A	-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%
AZO	C	-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%
URI	B	-0.14%
AMD	F	-0.14%
ACGL	D	-0.14%
ORLY	B	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
TMO	F	-0.14%
IT	C	-0.13%
EPAM	C	-0.13%
POOL	C	-0.13%
GWW	B	-0.13%
C	A	-0.13%
WAB	B	-0.13%
ZBRA	B	-0.13%
BKNG	A	-0.13%
MCHP	D	-0.13%
LDOS	C	-0.13%
WRB	A	-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%
BXP	D	-0.11%
HST	C	-0.11%
UBER	D	-0.11%
STT	A	-0.11%
HOLX	D	-0.1%
PODD	C	-0.1%
NWSA	B	-0.1%
DHR	F	-0.1%
NWS	B	-0.1%
RVTY	F	-0.1%
EQR	B	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
GEHC	F	-0.1%
ALGN	D	-0.1%
PSA	D	-0.1%
AXON	A	-0.09%
EXPD	D	-0.09%
KKR	A	-0.09%
CCL	B	-0.09%
CHRW	C	-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%
SO	D	-0.08%
PPL	B	-0.08%
EVRG	A	-0.08%
CARR	D	-0.08%
LNT	A	-0.08%
AEE	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%
CMI	A	-0.08%
HII	D	-0.08%
NOC	D	-0.08%
BX	A	-0.08%
ODFL	B	-0.08%
NTRS	A	-0.08%
LVS	C	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CTVA	C	-0.08%
LHX	C	-0.08%
FMC	D	-0.08%
TROW	B	-0.08%
RCL	A	-0.08%
UPS	C	-0.08%
SW	A	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MGM	D	-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%
DUK	C	-0.07%
WEC	A	-0.07%
ES	D	-0.07%
PCG	A	-0.07%
SRE	A	-0.07%
XEL	A	-0.07%
CMS	C	-0.07%
HWM	A	-0.07%
FI	A	-0.06%
KEY	B	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
ABT	B	-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%
CCI	D	-0.06%
PKG	A	-0.06%
O	D	-0.06%
IRM	D	-0.06%
TDG	D	-0.06%
SHW	A	-0.06%
MA	C	-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%
BDX	F	-0.05%
TFX	F	-0.05%
ALB	C	-0.05%
FIS	C	-0.05%
JKHY	D	-0.05%
HBAN	A	-0.05%
TFC	A	-0.05%
USB	A	-0.05%
CFG	B	-0.05%
EFX	F	-0.04%
MCO	B	-0.04%
AON	A	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
GPN	B	-0.04%
SPGI	C	-0.04%
CBOE	B	-0.04%
VRSK	A	-0.04%
ICE	C	-0.04%
FDS	B	-0.04%
V	A	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
CME	A	-0.04%
LIN	D	-0.04%
MSCI	C	-0.04%
FICO	B	-0.03%
VLTO	D	-0.03%
EMR	A	-0.03%
FTV	C	-0.03%
TRMB	B	-0.03%
TDY	B	-0.03%
ROP	B	-0.03%
AJG	B	-0.03%
BRO	B	-0.03%