SHUS vs. DUBS ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Aptus Large Cap Enhanced Yield ETF (DUBS)

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

DUBS

Aptus Large Cap Enhanced Yield ETF

DUBS Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective through a hybrid equity and equity-linked note ("ELN") strategy. Under normal circumstances, at least 80% of the fund"s net assets (plus borrowings for investment purposes) will be invested in equity securities of large cap companies.

Grade (RS Rating)

Last Trade

$33.00

Average Daily Volume

17,041

Number of Holdings ^*

375

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	DUBS
30 Days	2.26%	3.01%
60 Days	3.81%	4.84%
90 Days	5.24%	6.57%
12 Months	15.89%	28.45%

356 Overlapping Holdings

	Symbol	Grade	Weight in SHUS	Weight in DUBS	Overlap
	A	D	0.15%	0.09%	0.09%
	AAPL	C	0.49%	5.69%	0.49%
	ABBV	D	0.24%	0.52%	0.24%
	ABNB	C	0.12%	0.11%	0.11%
	ABT	B	0.06%	0.36%	0.06%
	ACGL	D	0.14%	0.05%	0.05%
	ACN	C	0.13%	0.41%	0.13%
	ADBE	C	0.15%	0.41%	0.15%
	ADI	D	0.22%	0.19%	0.19%
	ADM	D	0.36%	0.07%	0.07%
	ADP	B	0.21%	0.23%	0.21%
	ADSK	A	0.16%	0.11%	0.11%
	AEE	A	0.08%	0.03%	0.03%
	AEP	D	0.24%	0.11%	0.11%
	AFL	B	0.2%	0.14%	0.14%
	AIG	B	0.19%	0.12%	0.12%
	AJG	B	0.03%	0.12%	0.03%
	ALB	C	0.05%	0.02%	0.02%
	ALGN	D	0.1%	0.03%	0.03%
	ALL	A	0.19%	0.08%	0.08%
	AMAT	F	0.17%	0.29%	0.17%
	AMCR	D	0.12%	0.03%	0.03%
	AMD	F	0.14%	0.42%	0.14%
	AME	A	0.12%	0.06%	0.06%
	AMGN	D	0.23%	0.27%	0.23%
	AMP	A	0.09%	0.08%	0.08%
	AMT	D	0.06%	0.18%	0.06%
	AMZN	C	0.21%	3.36%	0.21%
	ANET	C	0.21%	0.2%	0.2%
	ANSS	B	0.17%	0.04%	0.04%
	AON	A	0.04%	0.15%	0.04%
	APD	A	0.05%	0.15%	0.05%
	APH	A	0.18%	0.14%	0.14%
	APTV	D	0.39%	0.02%	0.02%
	ARE	D	0.1%	0.03%	0.03%
	AVB	B	0.1%	0.06%	0.06%
	AVGO	D	0.22%	1.29%	0.22%
	AVY	D	0.06%	0.03%	0.03%
	AWK	D	0.32%	0.04%	0.04%
	AXP	A	0.05%	0.29%	0.05%
	AZO	C	0.15%	0.09%	0.09%
	BA	F	0.16%	0.14%	0.14%
	BAC	A	0.12%	0.56%	0.12%
	BALL	D	0.12%	0.03%	0.03%
	BAX	D	0.05%	0.02%	0.02%
	BDX	F	0.05%	0.13%	0.05%
	BIIB	F	0.24%	0.04%	0.04%
	BK	A	0.11%	0.09%	0.09%
	BKNG	A	0.13%	0.22%	0.13%
	BKR	B	0.35%	0.07%	0.07%
	BLK	C	0.09%	0.27%	0.09%
	BMY	B	0.25%	0.22%	0.22%
	BR	A	0.11%	0.08%	0.08%
	BRK.A	B	0.49%	1.47%	0.49%
	BRO	B	0.03%	0.04%	0.03%
	BSX	B	0.06%	0.26%	0.06%
	BX	A	0.08%	0.36%	0.08%
	C	A	0.13%	0.22%	0.13%
	CAH	B	0.19%	0.05%	0.05%
	CARR	D	0.08%	0.1%	0.08%
	CAT	B	0.14%	0.34%	0.14%
	CB	C	0.14%	0.21%	0.14%
	CBRE	B	0.04%	0.06%	0.04%
	CCI	D	0.06%	0.12%	0.06%
	CCL	B	0.09%	0.04%	0.04%
	CDNS	B	0.33%	0.13%	0.13%
	CDW	F	0.12%	0.03%	0.03%
	CEG	D	0.38%	0.12%	0.12%
	CHD	B	0.41%	0.04%	0.04%
	CHTR	C	0.46%	0.11%	0.11%
	CI	F	0.18%	0.17%	0.17%
	CL	D	0.4%	0.12%	0.12%
	CLX	B	0.41%	0.03%	0.03%
	CMCSA	B	0.51%	0.32%	0.32%
	CME	A	0.04%	0.13%	0.04%
	CMG	B	0.49%	0.11%	0.11%
	CMI	A	0.08%	0.07%	0.07%
	CNC	D	0.25%	0.07%	0.07%
	COF	B	0.69%	0.11%	0.11%
	COP	C	0.07%	0.24%	0.07%
	COR	B	0.18%	0.08%	0.08%
	COST	B	0.7%	0.72%	0.7%
	CPAY	A	0.04%	0.03%	0.03%
	CPRT	A	0.22%	0.09%	0.09%
	CRM	B	0.35%	0.6%	0.35%
	CRWD	B	0.18%	0.1%	0.1%
	CSCO	B	0.21%	0.43%	0.21%
	CSGP	D	0.04%	0.05%	0.04%
	CSX	B	0.08%	0.06%	0.06%
	CTAS	B	0.17%	0.14%	0.14%
	CTRA	B	0.17%	0.03%	0.03%
	CTSH	B	0.13%	0.06%	0.06%
	CTVA	C	0.08%	0.07%	0.07%
	CVS	D	0.68%	0.12%	0.12%
	CVX	A	0.75%	0.49%	0.49%
	D	C	0.24%	0.12%	0.12%
	DAL	C	0.27%	0.06%	0.06%
	DD	D	0.05%	0.06%	0.05%
	DE	A	0.13%	0.17%	0.13%
	DELL	C	0.17%	0.16%	0.16%
	DFS	B	0.68%	0.06%	0.06%
	DG	F	0.17%	0.02%	0.02%
	DHI	D	0.23%	0.09%	0.09%
	DHR	F	0.1%	0.28%	0.1%
	DIS	B	0.2%	0.32%	0.2%
	DLR	B	0.26%	0.09%	0.09%
	DLTR	F	0.17%	0.02%	0.02%
	DOV	A	0.17%	0.04%	0.04%
	DOW	F	0.07%	0.08%	0.07%
	DTE	C	0.24%	0.03%	0.03%
	DUK	C	0.07%	0.14%	0.07%
	DVN	F	0.16%	0.04%	0.04%
	DXCM	D	0.09%	0.07%	0.07%
	EA	A	0.48%	0.07%	0.07%
	EBAY	D	0.22%	0.05%	0.05%
	ECL	D	0.05%	0.16%	0.05%
	ED	D	0.24%	0.09%	0.09%
	EFX	F	0.04%	0.04%	0.04%
	EIX	B	0.24%	0.04%	0.04%
	EL	F	0.49%	0.03%	0.03%
	ELV	F	0.24%	0.17%	0.17%
	EMR	A	0.03%	0.12%	0.03%
	EOG	A	0.07%	0.16%	0.07%
	EQIX	A	0.26%	0.16%	0.16%
	EQR	B	0.1%	0.06%	0.06%
	ES	D	0.07%	0.03%	0.03%
	ETN	A	0.26%	0.27%	0.26%
	ETR	B	0.25%	0.04%	0.04%
	EW	C	0.06%	0.09%	0.06%
	EXC	C	0.29%	0.09%	0.09%
	EXR	D	0.11%	0.05%	0.05%
	F	C	0.24%	0.07%	0.07%
	FANG	D	0.07%	0.05%	0.05%
	FAST	B	0.12%	0.07%	0.07%
	FCX	D	0.29%	0.1%	0.1%
	FDX	B	0.07%	0.15%	0.07%
	FE	C	0.24%	0.03%	0.03%
	FI	A	0.06%	0.21%	0.06%
	FICO	B	0.03%	0.06%	0.03%
	FIS	C	0.05%	0.08%	0.05%
	FITB	A	0.05%	0.04%	0.04%
	FTNT	C	0.17%	0.13%	0.13%
	FTV	C	0.03%	0.04%	0.03%
	GD	F	0.16%	0.16%	0.16%
	GE	D	0.17%	0.34%	0.17%
	GEHC	F	0.1%	0.06%	0.06%
	GEV	B	0.18%	0.15%	0.15%
	GILD	C	0.24%	0.21%	0.21%
	GIS	D	0.21%	0.06%	0.06%
	GLW	B	0.19%	0.06%	0.06%
	GM	B	0.24%	0.13%	0.13%
	GOOGL	C	0.22%	3.38%	0.22%
	GPC	D	0.15%	0.02%	0.02%
	GPN	B	0.04%	0.04%	0.04%
	GRMN	B	0.32%	0.06%	0.06%
	GS	A	0.25%	0.32%	0.25%
	GWW	B	0.13%	0.06%	0.06%
	HAL	C	0.33%	0.04%	0.04%
	HCA	F	0.33%	0.19%	0.19%
	HD	A	0.25%	0.75%	0.25%
	HES	B	0.07%	0.07%	0.07%
	HIG	B	0.14%	0.05%	0.05%
	HLT	A	0.12%	0.1%	0.1%
	HON	B	0.16%	0.27%	0.16%
	HPE	B	0.19%	0.04%	0.04%
	HPQ	B	0.34%	0.05%	0.05%
	HRL	D	0.36%	0.02%	0.02%
	HSY	F	0.17%	0.09%	0.09%
	HUM	C	0.26%	0.07%	0.07%
	HWM	A	0.07%	0.06%	0.06%
	IBM	C	0.33%	0.34%	0.33%
	ICE	C	0.04%	0.15%	0.04%
	IDXX	F	0.09%	0.06%	0.06%
	INTC	D	0.16%	0.19%	0.16%
	INTU	C	0.2%	0.35%	0.2%
	INVH	D	0.1%	0.05%	0.05%
	IQV	D	0.13%	0.06%	0.06%
	IR	B	0.2%	0.06%	0.06%
	IRM	D	0.06%	0.05%	0.05%
	ISRG	A	0.12%	0.34%	0.12%
	IT	C	0.13%	0.07%	0.07%
	ITW	B	0.17%	0.17%	0.17%
	JBHT	C	0.08%	0.03%	0.03%
	JCI	C	0.08%	0.09%	0.08%
	JNJ	D	0.23%	0.66%	0.23%
	JPM	A	0.12%	1.23%	0.12%
	K	A	0.18%	0.04%	0.04%
	KDP	D	0.24%	0.05%	0.05%
	KEYS	A	0.2%	0.04%	0.04%
	KHC	F	0.21%	0.06%	0.06%
	KLAC	D	0.17%	0.16%	0.16%
	KMB	D	0.41%	0.07%	0.07%
	KMI	A	0.25%	0.1%	0.1%
	KO	D	0.24%	0.44%	0.24%
	KR	B	0.73%	0.06%	0.06%
	KVUE	A	0.41%	0.07%	0.07%
	LEN	D	0.24%	0.07%	0.07%
	LHX	C	0.08%	0.07%	0.07%
	LIN	D	0.04%	0.39%	0.04%
	LLY	F	0.23%	1.14%	0.23%
	LMT	D	0.08%	0.22%	0.08%
	LOW	D	0.25%	0.3%	0.25%
	LULU	C	0.3%	0.06%	0.06%
	LUV	C	0.25%	0.03%	0.03%
	LVS	C	0.08%	0.06%	0.06%
	LYB	F	0.07%	0.04%	0.04%
	LYV	A	0.09%	0.04%	0.04%
	MA	C	0.05%	0.77%	0.05%
	MAR	B	0.12%	0.14%	0.12%
	MCD	D	0.49%	0.38%	0.38%
	MCHP	D	0.13%	0.06%	0.06%
	MCK	B	0.18%	0.17%	0.17%
	MCO	B	0.04%	0.14%	0.04%
	MDLZ	F	0.18%	0.16%	0.16%
	MDT	D	0.06%	0.2%	0.06%
	MET	A	0.21%	0.12%	0.12%
	META	D	0.46%	2.22%	0.46%
	MKC	D	0.21%	0.03%	0.03%
	MLM	B	0.17%	0.04%	0.04%
	MMC	B	0.03%	0.2%	0.03%
	MMM	D	0.17%	0.12%	0.12%
	MNST	C	0.25%	0.1%	0.1%
	MO	A	0.35%	0.16%	0.16%
	MOH	F	0.25%	0.02%	0.02%
	MPC	D	0.48%	0.14%	0.14%
	MPWR	F	0.21%	0.03%	0.03%
	MRK	F	0.24%	0.44%	0.24%
	MRNA	F	0.23%	0.03%	0.03%
	MS	A	0.26%	0.3%	0.26%
	MSCI	C	0.04%	0.08%	0.04%
	MSFT	F	0.32%	5.46%	0.32%
	MSI	B	0.49%	0.13%	0.13%
	MTB	A	0.06%	0.05%	0.05%
	MTD	D	0.14%	0.04%	0.04%
	MU	D	0.15%	0.18%	0.15%
	NDAQ	A	0.04%	0.06%	0.04%
	NEE	D	0.24%	0.26%	0.24%
	NEM	D	0.24%	0.05%	0.05%
	NFLX	A	0.22%	0.62%	0.22%
	NKE	D	0.33%	0.17%	0.17%
	NOC	D	0.08%	0.15%	0.08%
	NOW	A	0.22%	0.38%	0.22%
	NSC	B	0.08%	0.04%	0.04%
	NUE	C	0.25%	0.06%	0.06%
	NVDA	C	0.13%	6.24%	0.13%
	NXPI	D	0.23%	0.09%	0.09%
	O	D	0.06%	0.07%	0.06%
	ODFL	B	0.08%	0.03%	0.03%
	OKE	A	0.24%	0.07%	0.07%
	ON	D	0.22%	0.05%	0.05%
	ORCL	B	0.34%	0.5%	0.34%
	ORLY	B	0.14%	0.16%	0.14%
	OTIS	C	0.08%	0.1%	0.08%
	OXY	D	0.07%	0.08%	0.07%
	PANW	C	0.16%	0.2%	0.16%
	PAYX	C	0.21%	0.13%	0.13%
	PCAR	B	0.12%	0.14%	0.12%
	PCG	A	0.07%	0.11%	0.07%
	PEG	A	0.25%	0.06%	0.06%
	PEP	F	0.17%	0.4%	0.17%
	PFE	D	0.24%	0.27%	0.24%
	PFG	D	0.2%	0.03%	0.03%
	PG	A	0.41%	0.69%	0.41%
	PGR	A	0.19%	0.3%	0.19%
	PH	A	0.08%	0.13%	0.08%
	PHM	D	0.25%	0.02%	0.02%
	PKG	A	0.06%	0.04%	0.04%
	PLD	D	0.06%	0.19%	0.06%
	PLTR	B	0.22%	0.14%	0.14%
	PM	B	0.35%	0.34%	0.34%
	PNC	B	0.06%	0.13%	0.06%
	POOL	C	0.13%	0.01%	0.01%
	PPG	F	0.07%	0.04%	0.04%
	PPL	B	0.08%	0.03%	0.03%
	PRU	A	0.2%	0.07%	0.07%
	PSA	D	0.1%	0.14%	0.1%
	PSX	C	0.5%	0.1%	0.1%
	PWR	A	0.4%	0.06%	0.06%
	PYPL	B	0.06%	0.16%	0.06%
	QCOM	F	0.22%	0.31%	0.22%
	RCL	A	0.08%	0.09%	0.08%
	REGN	F	0.23%	0.14%	0.14%
	RMD	C	0.09%	0.04%	0.04%
	ROK	B	0.03%	0.05%	0.03%
	ROP	B	0.03%	0.09%	0.03%
	ROST	C	0.71%	0.11%	0.11%
	RSG	A	0.18%	0.11%	0.11%
	RTX	C	0.08%	0.32%	0.08%
	SBAC	D	0.06%	0.03%	0.03%
	SBUX	A	0.48%	0.2%	0.2%
	SCHW	B	0.25%	0.2%	0.2%
	SHW	A	0.06%	0.21%	0.06%
	SLB	C	0.34%	0.11%	0.11%
	SNPS	B	0.34%	0.14%	0.14%
	SO	D	0.08%	0.15%	0.08%
	SOLV	C	0.05%	0.01%	0.01%
	SPG	B	0.06%	0.09%	0.06%
	SPGI	C	0.04%	0.28%	0.04%
	SRE	A	0.07%	0.13%	0.07%
	STE	F	0.12%	0.03%	0.03%
	STT	A	0.11%	0.04%	0.04%
	STZ	D	0.25%	0.07%	0.07%
	SYK	C	0.12%	0.24%	0.12%
	SYY	B	0.73%	0.06%	0.06%
	T	A	0.33%	0.27%	0.27%
	TDG	D	0.06%	0.08%	0.06%
	TDY	B	0.03%	0.02%	0.02%
	TFC	A	0.05%	0.1%	0.05%
	TGT	F	0.17%	0.12%	0.12%
	TJX	A	0.71%	0.25%	0.25%
	TMO	F	0.14%	0.35%	0.14%
	TMUS	B	0.33%	0.19%	0.19%
	TRGP	B	0.24%	0.06%	0.06%
	TROW	B	0.08%	0.04%	0.04%
	TRV	B	0.14%	0.1%	0.1%
	TSCO	D	0.12%	0.08%	0.08%
	TSLA	B	0.27%	1.56%	0.27%
	TSN	B	0.35%	0.03%	0.03%
	TT	A	0.08%	0.15%	0.08%
	TTWO	A	0.48%	0.05%	0.05%
	TXN	C	0.22%	0.33%	0.22%
	UAL	A	0.28%	0.04%	0.04%
	UBER	D	0.11%	0.19%	0.11%
	ULTA	F	0.17%	0.02%	0.02%
	UNH	C	0.25%	0.97%	0.25%
	UNP	C	0.08%	0.25%	0.08%
	UPS	C	0.08%	0.17%	0.08%
	URI	B	0.14%	0.06%	0.06%
	USB	A	0.05%	0.13%	0.05%
	V	A	0.04%	0.91%	0.04%
	VICI	C	0.06%	0.05%	0.05%
	VLO	C	0.49%	0.08%	0.08%
	VLTO	D	0.03%	0.04%	0.03%
	VMC	B	0.17%	0.05%	0.05%
	VRSK	A	0.04%	0.11%	0.04%
	VRSN	F	0.27%	0.03%	0.03%
	VRTX	F	0.23%	0.21%	0.21%
	VZ	C	0.32%	0.3%	0.3%
	WAB	B	0.13%	0.05%	0.05%
	WBA	F	0.63%	0.01%	0.01%
	WBD	C	0.19%	0.03%	0.03%
	WEC	A	0.07%	0.04%	0.04%
	WELL	A	0.11%	0.18%	0.11%
	WFC	A	0.13%	0.47%	0.13%
	WM	A	0.18%	0.18%	0.18%
	WMB	A	0.24%	0.11%	0.11%
	WMT	A	0.72%	0.63%	0.63%
	WST	C	0.05%	0.06%	0.05%
	WTW	B	0.04%	0.05%	0.04%
	WY	D	0.17%	0.03%	0.03%
	XEL	A	0.07%	0.06%	0.06%
	XOM	B	0.75%	0.97%	0.75%
	XYL	D	0.19%	0.04%	0.04%
	YUM	B	0.5%	0.06%	0.06%
	ZBH	C	0.12%	0.03%	0.03%
	ZTS	D	0.25%	0.14%	0.14%

SHUS Overweight 144 Positions Relative to DUBS

	Symbol	Grade	Weight
	SYF	B	0.68%
	DPZ	C	0.52%
	DRI	B	0.5%
	L	A	0.49%
	MTCH	D	0.46%
	BWA	D	0.41%
	VST	B	0.4%
	J	F	0.39%
	JBL	B	0.37%
	BG	F	0.36%
	IPG	D	0.33%
	OMC	C	0.33%
	RL	B	0.32%
	UHS	D	0.32%
	ATO	A	0.32%
	NI	A	0.32%
	TPR	B	0.32%
	NRG	B	0.32%
	AES	F	0.31%
	NVR	D	0.3%
	DECK	A	0.29%
	STLD	B	0.27%
	HUBB	B	0.26%
	SWK	D	0.26%
	GDDY	A	0.26%
	AKAM	D	0.26%
	TAP	C	0.25%
	SNA	A	0.25%
	INCY	C	0.25%
	CNP	B	0.25%
	RJF	A	0.25%
	ENPH	F	0.25%
	HAS	D	0.25%
	VTRS	A	0.24%
	CTLT	B	0.24%
	LW	C	0.22%
	DAY	B	0.22%
	GOOG	C	0.22%
	AOS	F	0.21%
	QRVO	F	0.21%
	SWKS	F	0.21%
	SJM	D	0.21%
	CAG	D	0.21%
	PAYC	B	0.21%
	TYL	B	0.21%
	IEX	B	0.2%
	PARA	C	0.2%
	FFIV	B	0.2%
	CPB	D	0.2%
	ERIE	D	0.2%
	AIZ	A	0.2%
	HSIC	B	0.2%
	FSLR	F	0.2%
	TEL	B	0.19%
	MAS	D	0.19%
	BBWI	D	0.19%
	PNR	A	0.19%
	BLDR	D	0.19%
	GL	B	0.19%
	JNPR	F	0.19%
	EQT	B	0.18%
	ROL	B	0.18%
	MHK	D	0.18%
	NTAP	C	0.17%
	GEN	B	0.17%
	BBY	D	0.17%
	PTC	A	0.17%
	STX	D	0.17%
	WDC	D	0.17%
	DGX	A	0.16%
	LH	C	0.16%
	TXT	D	0.16%
	TER	D	0.16%
	TECH	D	0.15%
	WAT	B	0.15%
	SMCI	F	0.15%
	CRL	C	0.14%
	CINF	A	0.14%
	EG	C	0.14%
	KMX	B	0.14%
	LKQ	D	0.14%
	EPAM	C	0.13%
	ZBRA	B	0.13%
	LDOS	C	0.13%
	WRB	A	0.13%
	EXPE	B	0.12%
	VTR	C	0.11%
	DVA	B	0.11%
	DOC	D	0.11%
	BXP	D	0.11%
	HST	C	0.11%
	HOLX	D	0.1%
	PODD	C	0.1%
	NWSA	B	0.1%
	NWS	B	0.1%
	RVTY	F	0.1%
	ESS	B	0.1%
	FOX	A	0.1%
	UDR	B	0.1%
	MAA	B	0.1%
	FOXA	B	0.1%
	CPT	B	0.1%
	AXON	A	0.09%
	EXPD	D	0.09%
	KKR	A	0.09%
	CHRW	C	0.09%
	NCLH	B	0.09%
	CF	B	0.09%
	IVZ	B	0.09%
	EVRG	A	0.08%
	LNT	A	0.08%
	GNRC	B	0.08%
	WYNN	D	0.08%
	HII	D	0.08%
	NTRS	A	0.08%
	MOS	F	0.08%
	FMC	D	0.08%
	BEN	C	0.08%
	SW	A	0.07%
	CZR	F	0.07%
	MGM	D	0.07%
	MRO	B	0.07%
	APA	D	0.07%
	PNW	B	0.07%
	CE	F	0.07%
	ALLE	D	0.07%
	CMS	C	0.07%
	KEY	B	0.06%
	RF	A	0.06%
	IP	B	0.06%
	KIM	A	0.06%
	REG	B	0.06%
	FRT	B	0.06%
	IFF	D	0.05%
	TFX	F	0.05%
	EMN	D	0.05%
	JKHY	D	0.05%
	HBAN	A	0.05%
	CFG	B	0.05%
	CBOE	B	0.04%
	FDS	B	0.04%
	MKTX	D	0.04%
	NDSN	B	0.03%
	TRMB	B	0.03%

SHUS Underweight 19 Positions Relative to DUBS

	Symbol	Grade	Weight
	LRCX	F	-0.18%
	NU	C	-0.12%
	TTD	B	-0.1%
	SCCO	F	-0.09%
	APO	B	-0.07%
	DDOG	A	-0.05%
	ILMN	D	-0.04%
	SNOW	C	-0.04%
	HEI	B	-0.04%
	MELI	D	-0.03%
	BAH	F	-0.03%
	AMH	D	-0.03%
	FCNCA	A	-0.03%
	GGG	B	-0.02%
	MKL	A	-0.02%
	OC	A	-0.02%
	LECO	B	-0.01%
	CASY	A	-0.01%
	KLG	C	-0.0%

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

DUBS: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Natural Gas Dow Jones Component Computing Insurance Electricity Electronics Chemical Semiconductor Aerospace Bank Medicine Mining Mobile Devices Banking Integrated Circuits Petroleum Industry Telecommunications Transport