SHUS vs. ACWI ETF Comparison

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

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

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

Performance

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

485 Overlapping Holdings

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

SHUS Overweight 15 Positions Relative to ACWI

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%

SHUS Underweight 131 Positions Relative to ACWI

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%