SHUS vs. EVUS ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to iShares ESG Aware MSCI USA Value ETF (EVUS)

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

EVUS

iShares ESG Aware MSCI USA Value ETF

EVUS Description

EVUS tracks an index of large- and mid-cap US value stocks perceived to have positive ESG characteristics. The parent index, MSCI USA Value Index, identifies value stocks through book value-to-price ratio, 12-month forward earnings-to-price ratio, and dividend yield. Securities are then screened to exclude companies involved in controversial businesses and issues (e.g., weapons, tobacco, climate change issues). All selected securities are assigned an ESG score that evaluates a companys exposure to key ESG issues based on the companys business segment and geographic risk, as well as their strategies and programs to manage these risks and opportunities. Using a sector-specific weighting model, companies are rated and ranked against industry peers. The quantitative process leans toward higher-rated stocks while also considering market-cap and constraints based on the parent index. The fund may engage in securities lending. The index is reviewed and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$30.74

Average Daily Volume

1,444

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	EVUS
30 Days	2.26%	2.65%
60 Days	3.81%	3.47%
90 Days	5.24%	6.09%
12 Months	15.89%	29.50%

220 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in EVUS	Overlap
A	D	0.15%	0.19%	0.15%
ABBV	D	0.24%	0.92%	0.24%
ABT	B	0.06%	0.24%	0.06%
ACGL	D	0.14%	0.16%	0.14%
ACN	C	0.13%	0.56%	0.13%
ADI	D	0.22%	0.27%	0.22%
ADM	D	0.36%	0.11%	0.11%
ADP	B	0.21%	1.24%	0.21%
AFL	B	0.2%	0.23%	0.2%
AIZ	A	0.2%	0.2%	0.2%
AKAM	D	0.26%	0.12%	0.12%
ALLE	D	0.07%	0.15%	0.07%
AMGN	D	0.23%	0.74%	0.23%
AMT	D	0.06%	0.59%	0.06%
ANSS	B	0.17%	0.35%	0.17%
APD	A	0.05%	0.11%	0.05%
AVGO	D	0.22%	2.9%	0.22%
AVY	D	0.06%	0.09%	0.06%
AXP	A	0.05%	0.9%	0.05%
BAC	A	0.12%	1.33%	0.12%
BALL	D	0.12%	0.1%	0.1%
BBY	D	0.17%	0.28%	0.17%
BG	F	0.36%	0.32%	0.32%
BIIB	F	0.24%	0.1%	0.1%
BK	A	0.11%	0.74%	0.11%
BKR	B	0.35%	0.31%	0.31%
BLK	C	0.09%	0.31%	0.09%
BMY	B	0.25%	0.42%	0.25%
BR	A	0.11%	0.73%	0.11%
BRK.A	B	0.49%	1.19%	0.49%
BXP	D	0.11%	0.12%	0.11%
C	A	0.13%	0.69%	0.13%
CAG	D	0.21%	0.09%	0.09%
CAH	B	0.19%	0.31%	0.19%
CARR	D	0.08%	0.4%	0.08%
CAT	B	0.14%	0.75%	0.14%
CB	C	0.14%	0.13%	0.13%
CBOE	B	0.04%	0.11%	0.04%
CBRE	B	0.04%	0.35%	0.04%
CCI	D	0.06%	0.6%	0.06%
CHD	B	0.41%	0.29%	0.29%
CHRW	C	0.09%	0.4%	0.09%
CI	F	0.18%	0.58%	0.18%
CLX	B	0.41%	0.43%	0.41%
CMCSA	B	0.51%	0.4%	0.4%
CMI	A	0.08%	0.78%	0.08%
CMS	C	0.07%	0.38%	0.07%
CNC	D	0.25%	0.18%	0.18%
COF	B	0.69%	0.18%	0.18%
COP	C	0.07%	0.82%	0.07%
COR	B	0.18%	0.49%	0.18%
CPB	D	0.2%	0.12%	0.12%
CSCO	B	0.21%	1.01%	0.21%
CVS	D	0.68%	0.09%	0.09%
CVX	A	0.75%	1.26%	0.75%
D	C	0.24%	0.28%	0.24%
DAL	C	0.27%	0.3%	0.27%
DD	D	0.05%	0.1%	0.05%
DE	A	0.13%	0.43%	0.13%
DFS	B	0.68%	0.45%	0.45%
DG	F	0.17%	0.06%	0.06%
DGX	A	0.16%	0.3%	0.16%
DHI	D	0.23%	0.16%	0.16%
DHR	F	0.1%	0.7%	0.1%
DIS	B	0.2%	0.88%	0.2%
DLR	B	0.26%	0.47%	0.26%
DLTR	F	0.17%	0.06%	0.06%
DOV	A	0.17%	0.1%	0.1%
DOW	F	0.07%	0.1%	0.07%
EA	A	0.48%	0.41%	0.41%
ECL	D	0.05%	0.64%	0.05%
ED	D	0.24%	0.25%	0.24%
EIX	B	0.24%	0.28%	0.24%
ELV	F	0.24%	0.65%	0.24%
EQIX	A	0.26%	0.61%	0.26%
EQT	B	0.18%	0.16%	0.16%
ES	D	0.07%	0.23%	0.07%
ETN	A	0.26%	0.29%	0.26%
EXC	C	0.29%	0.35%	0.29%
EXPD	D	0.09%	0.51%	0.09%
FANG	D	0.07%	0.11%	0.07%
FDS	B	0.04%	0.19%	0.04%
FDX	B	0.07%	0.23%	0.07%
FI	A	0.06%	0.38%	0.06%
FIS	C	0.05%	0.25%	0.05%
FOX	A	0.1%	0.13%	0.1%
FSLR	F	0.2%	0.1%	0.1%
FTV	C	0.03%	0.27%	0.03%
GEHC	F	0.1%	0.09%	0.09%
GEN	B	0.17%	0.11%	0.11%
GEV	B	0.18%	0.23%	0.18%
GILD	C	0.24%	0.96%	0.24%
GIS	D	0.21%	0.6%	0.21%
GS	A	0.25%	0.84%	0.25%
HBAN	A	0.05%	0.29%	0.05%
HCA	F	0.33%	0.3%	0.3%
HD	A	0.25%	2.07%	0.25%
HIG	B	0.14%	0.47%	0.14%
HII	D	0.08%	0.12%	0.08%
HOLX	D	0.1%	0.14%	0.1%
HON	B	0.16%	0.86%	0.16%
HPE	B	0.19%	0.35%	0.19%
HPQ	B	0.34%	0.17%	0.17%
HRL	D	0.36%	0.12%	0.12%
HUBB	B	0.26%	0.14%	0.14%
HUM	C	0.26%	0.1%	0.1%
IBM	C	0.33%	1.17%	0.33%
ICE	C	0.04%	0.1%	0.04%
IEX	B	0.2%	0.17%	0.17%
IFF	D	0.05%	0.12%	0.05%
INTC	D	0.16%	0.57%	0.16%
IP	B	0.06%	0.16%	0.06%
IPG	D	0.33%	0.08%	0.08%
IR	B	0.2%	0.15%	0.15%
IRM	D	0.06%	0.34%	0.06%
ITW	B	0.17%	0.1%	0.1%
J	F	0.39%	0.21%	0.21%
JBHT	C	0.08%	0.16%	0.08%
JCI	C	0.08%	0.38%	0.08%
JNJ	D	0.23%	1.43%	0.23%
JNPR	F	0.19%	0.11%	0.11%
JPM	A	0.12%	2.81%	0.12%
K	A	0.18%	0.89%	0.18%
KDP	D	0.24%	0.21%	0.21%
KEYS	A	0.2%	0.35%	0.2%
KHC	F	0.21%	0.26%	0.21%
KMB	D	0.41%	0.36%	0.36%
KMI	A	0.25%	0.81%	0.25%
KMX	B	0.14%	0.09%	0.09%
KO	D	0.24%	1.67%	0.24%
KR	B	0.73%	0.41%	0.41%
LDOS	C	0.13%	0.11%	0.11%
LH	C	0.16%	0.22%	0.16%
LIN	D	0.04%	0.49%	0.04%
LKQ	D	0.14%	0.39%	0.14%
LOW	D	0.25%	0.74%	0.25%
LYB	F	0.07%	0.08%	0.07%
MCD	D	0.49%	0.63%	0.49%
MDLZ	F	0.18%	0.09%	0.09%
MET	A	0.21%	0.52%	0.21%
MKC	D	0.21%	0.14%	0.14%
MKTX	D	0.04%	0.11%	0.04%
MMC	B	0.03%	0.24%	0.03%
MMM	D	0.17%	0.6%	0.17%
MRK	F	0.24%	0.52%	0.24%
MRO	B	0.07%	0.18%	0.07%
MS	A	0.26%	1.07%	0.26%
MU	D	0.15%	0.41%	0.15%
NDAQ	A	0.04%	0.38%	0.04%
NEE	D	0.24%	0.82%	0.24%
NEM	D	0.24%	0.28%	0.24%
NI	A	0.32%	0.67%	0.32%
NKE	D	0.33%	0.08%	0.08%
NOC	D	0.08%	0.4%	0.08%
NTAP	C	0.17%	0.1%	0.1%
NTRS	A	0.08%	0.16%	0.08%
NUE	C	0.25%	0.25%	0.25%
NXPI	D	0.23%	0.52%	0.23%
OKE	A	0.24%	0.77%	0.24%
ORCL	B	0.34%	1.31%	0.34%
PAYX	C	0.21%	0.12%	0.12%
PEG	A	0.25%	0.96%	0.25%
PEP	F	0.17%	0.84%	0.17%
PFE	D	0.24%	0.55%	0.24%
PFG	D	0.2%	0.12%	0.12%
PG	A	0.41%	1.5%	0.41%
PGR	A	0.19%	0.39%	0.19%
PHM	D	0.25%	0.13%	0.13%
PLD	D	0.06%	0.3%	0.06%
PNC	B	0.06%	0.62%	0.06%
PNR	A	0.19%	0.63%	0.19%
PPG	F	0.07%	0.34%	0.07%
PRU	A	0.2%	1.02%	0.2%
PSA	D	0.1%	0.11%	0.1%
PSX	C	0.5%	0.33%	0.33%
PYPL	B	0.06%	0.24%	0.06%
QCOM	F	0.22%	0.63%	0.22%
REGN	F	0.23%	0.22%	0.22%
RMD	C	0.09%	0.1%	0.09%
ROK	B	0.03%	0.13%	0.03%
RTX	C	0.08%	0.79%	0.08%
SBUX	A	0.48%	0.37%	0.37%
SCHW	B	0.25%	0.4%	0.25%
SLB	C	0.34%	0.28%	0.28%
SOLV	C	0.05%	0.11%	0.05%
SPGI	C	0.04%	0.65%	0.04%
STE	F	0.12%	0.3%	0.12%
STLD	B	0.27%	0.11%	0.11%
STT	A	0.11%	0.18%	0.11%
STZ	D	0.25%	0.09%	0.09%
SYF	B	0.68%	0.47%	0.47%
SYY	B	0.73%	0.09%	0.09%
T	A	0.33%	0.38%	0.33%
TAP	C	0.25%	0.33%	0.25%
TFC	A	0.05%	0.24%	0.05%
TFX	F	0.05%	0.15%	0.05%
TGT	F	0.17%	0.43%	0.17%
TJX	A	0.71%	0.18%	0.18%
TMO	F	0.14%	0.11%	0.11%
TRMB	B	0.03%	0.2%	0.03%
TRV	B	0.14%	0.46%	0.14%
TSCO	D	0.12%	0.23%	0.12%
TXN	C	0.22%	1.47%	0.22%
ULTA	F	0.17%	0.09%	0.09%
UNH	C	0.25%	2.04%	0.25%
UPS	C	0.08%	0.32%	0.08%
URI	B	0.14%	0.27%	0.14%
USB	A	0.05%	0.28%	0.05%
VLO	C	0.49%	0.23%	0.23%
VZ	C	0.32%	0.79%	0.32%
WDC	D	0.17%	0.11%	0.11%
WELL	A	0.11%	0.46%	0.11%
WFC	A	0.13%	0.28%	0.13%
WMB	A	0.24%	0.16%	0.16%
WTW	B	0.04%	0.14%	0.04%
WY	D	0.17%	0.26%	0.17%
XOM	B	0.75%	1.54%	0.75%
XYL	D	0.19%	0.41%	0.19%
ZBH	C	0.12%	0.23%	0.12%
ZTS	D	0.25%	0.43%	0.25%

SHUS Overweight 280 Positions Relative to EVUS

Symbol	Grade	Weight
WMT	A	0.72%
ROST	C	0.71%
COST	B	0.7%
WBA	F	0.63%
DPZ	C	0.52%
DRI	B	0.5%
YUM	B	0.5%
L	A	0.49%
EL	F	0.49%
MSI	B	0.49%
AAPL	C	0.49%
CMG	B	0.49%
MPC	D	0.48%
TTWO	A	0.48%
MTCH	D	0.46%
CHTR	C	0.46%
META	D	0.46%
KVUE	A	0.41%
BWA	D	0.41%
VST	B	0.4%
PWR	A	0.4%
CL	D	0.4%
APTV	D	0.39%
CEG	D	0.38%
JBL	B	0.37%
PM	B	0.35%
MO	A	0.35%
CRM	B	0.35%
TSN	B	0.35%
SNPS	B	0.34%
TMUS	B	0.33%
OMC	C	0.33%
CDNS	B	0.33%
HAL	C	0.33%
AWK	D	0.32%
MSFT	F	0.32%
RL	B	0.32%
UHS	D	0.32%
ATO	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%
DECK	A	0.29%
UAL	A	0.28%
VRSN	F	0.27%
TSLA	B	0.27%
SWK	D	0.26%
GDDY	A	0.26%
MOH	F	0.25%
LUV	C	0.25%
MNST	C	0.25%
ETR	B	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%
AEP	D	0.24%
TRGP	B	0.24%
FE	C	0.24%
VTRS	A	0.24%
GM	B	0.24%
LEN	D	0.24%
F	C	0.24%
DTE	C	0.24%
CTLT	B	0.24%
VRTX	F	0.23%
LLY	F	0.23%
MRNA	F	0.23%
LW	C	0.22%
EBAY	D	0.22%
DAY	B	0.22%
NOW	A	0.22%
NFLX	A	0.22%
PLTR	B	0.22%
CPRT	A	0.22%
GOOGL	C	0.22%
ON	D	0.22%
GOOG	C	0.22%
ANET	C	0.21%
AOS	F	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
SJM	D	0.21%
PAYC	B	0.21%
TYL	B	0.21%
MPWR	F	0.21%
AMZN	C	0.21%
PARA	C	0.2%
FFIV	B	0.2%
ERIE	D	0.2%
INTU	C	0.2%
HSIC	B	0.2%
TEL	B	0.19%
MAS	D	0.19%
WBD	C	0.19%
GLW	B	0.19%
BBWI	D	0.19%
ALL	A	0.19%
BLDR	D	0.19%
GL	B	0.19%
AIG	B	0.19%
RSG	A	0.18%
CRWD	B	0.18%
WM	A	0.18%
ROL	B	0.18%
MCK	B	0.18%
MHK	D	0.18%
APH	A	0.18%
GE	D	0.17%
FTNT	C	0.17%
MLM	B	0.17%
CTRA	B	0.17%
PTC	A	0.17%
DELL	C	0.17%
KLAC	D	0.17%
VMC	B	0.17%
STX	D	0.17%
HSY	F	0.17%
AMAT	F	0.17%
CTAS	B	0.17%
PANW	C	0.16%
GD	F	0.16%
DVN	F	0.16%
BA	F	0.16%
TXT	D	0.16%
ADSK	A	0.16%
TER	D	0.16%
TECH	D	0.15%
AZO	C	0.15%
GPC	D	0.15%
WAT	B	0.15%
SMCI	F	0.15%
ADBE	C	0.15%
MTD	D	0.14%
CRL	C	0.14%
CINF	A	0.14%
AMD	F	0.14%
EG	C	0.14%
ORLY	B	0.14%
IT	C	0.13%
EPAM	C	0.13%
POOL	C	0.13%
GWW	B	0.13%
CTSH	B	0.13%
WAB	B	0.13%
ZBRA	B	0.13%
BKNG	A	0.13%
NVDA	C	0.13%
MCHP	D	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%
ISRG	A	0.12%
CDW	F	0.12%
FAST	B	0.12%
PCAR	B	0.12%
AMCR	D	0.12%
AME	A	0.12%
VTR	C	0.11%
DVA	B	0.11%
EXR	D	0.11%
DOC	D	0.11%
HST	C	0.11%
UBER	D	0.11%
PODD	C	0.1%
NWSA	B	0.1%
NWS	B	0.1%
RVTY	F	0.1%
ESS	B	0.1%
INVH	D	0.1%
EQR	B	0.1%
UDR	B	0.1%
ALGN	D	0.1%
MAA	B	0.1%
FOXA	B	0.1%
AVB	B	0.1%
ARE	D	0.1%
CPT	B	0.1%
AXON	A	0.09%
KKR	A	0.09%
CCL	B	0.09%
AMP	A	0.09%
NCLH	B	0.09%
CF	B	0.09%
IVZ	B	0.09%
LYV	A	0.09%
DXCM	D	0.09%
IDXX	F	0.09%
SO	D	0.08%
PPL	B	0.08%
EVRG	A	0.08%
LNT	A	0.08%
AEE	A	0.08%
TT	A	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%
LMT	D	0.08%
BX	A	0.08%
ODFL	B	0.08%
LVS	C	0.08%
MOS	F	0.08%
CSX	B	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%
SW	A	0.07%
OXY	D	0.07%
CZR	F	0.07%
MGM	D	0.07%
EOG	A	0.07%
APA	D	0.07%
HES	B	0.07%
PNW	B	0.07%
CE	F	0.07%
DUK	C	0.07%
WEC	A	0.07%
PCG	A	0.07%
SRE	A	0.07%
XEL	A	0.07%
HWM	A	0.07%
KEY	B	0.06%
RF	A	0.06%
MTB	A	0.06%
EW	C	0.06%
MDT	D	0.06%
BSX	B	0.06%
KIM	A	0.06%
REG	B	0.06%
FRT	B	0.06%
SBAC	D	0.06%
VICI	C	0.06%
PKG	A	0.06%
O	D	0.06%
SPG	B	0.06%
TDG	D	0.06%
SHW	A	0.06%
MA	C	0.05%
BAX	D	0.05%
WST	C	0.05%
BDX	F	0.05%
EMN	D	0.05%
ALB	C	0.05%
JKHY	D	0.05%
CFG	B	0.05%
FITB	A	0.05%
EFX	F	0.04%
MCO	B	0.04%
AON	A	0.04%
CSGP	D	0.04%
GPN	B	0.04%
VRSK	A	0.04%
V	A	0.04%
CPAY	A	0.04%
CME	A	0.04%
MSCI	C	0.04%
FICO	B	0.03%
VLTO	D	0.03%
EMR	A	0.03%
NDSN	B	0.03%
TDY	B	0.03%
ROP	B	0.03%
AJG	B	0.03%
BRO	B	0.03%

SHUS Underweight 14 Positions Relative to EVUS

Symbol	Grade	Weight
CRH	A	-0.76%
FERG	B	-0.43%
OVV	B	-0.39%
FLUT	A	-0.36%
COO	D	-0.3%
CNH	C	-0.24%
FBIN	D	-0.23%
WTRG	B	-0.21%
OC	A	-0.21%
TWLO	A	-0.15%
AZPN	A	-0.11%
CCK	C	-0.1%
TTC	D	-0.09%
AVTR	F	-0.09%