SHUS vs. GSLC ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC)

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

GSLC

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GSLC Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Large Cap Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology.

Grade (RS Rating)

Last Trade

$118.17

Average Daily Volume

217,813

Number of Holdings ^*

438

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	GSLC
30 Days	2.26%	3.97%
60 Days	3.81%	5.37%
90 Days	5.24%	7.11%
12 Months	15.89%	33.60%

394 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in GSLC	Overlap
A	D	0.15%	0.05%	0.05%
AAPL	C	0.49%	6.24%	0.49%
ABBV	D	0.24%	0.48%	0.24%
ABT	B	0.06%	0.22%	0.06%
ACGL	D	0.14%	0.15%	0.14%
ACN	C	0.13%	0.45%	0.13%
ADBE	C	0.15%	0.47%	0.15%
ADI	D	0.22%	0.08%	0.08%
ADM	D	0.36%	0.19%	0.19%
ADP	B	0.21%	0.12%	0.12%
ADSK	A	0.16%	0.2%	0.16%
AEE	A	0.08%	0.02%	0.02%
AEP	D	0.24%	0.04%	0.04%
AFL	B	0.2%	0.12%	0.12%
AIG	B	0.19%	0.16%	0.16%
AJG	B	0.03%	0.15%	0.03%
AKAM	D	0.26%	0.12%	0.12%
ALGN	D	0.1%	0.07%	0.07%
ALL	A	0.19%	0.11%	0.11%
AMAT	F	0.17%	0.32%	0.17%
AMD	F	0.14%	0.23%	0.14%
AME	A	0.12%	0.1%	0.1%
AMGN	D	0.23%	0.17%	0.17%
AMP	A	0.09%	0.4%	0.09%
AMT	D	0.06%	0.02%	0.02%
AMZN	C	0.21%	3.38%	0.21%
ANET	C	0.21%	0.17%	0.17%
ANSS	B	0.17%	0.03%	0.03%
AON	A	0.04%	0.12%	0.04%
APH	A	0.18%	0.22%	0.18%
ARE	D	0.1%	0.07%	0.07%
ATO	A	0.32%	0.13%	0.13%
AVB	B	0.1%	0.1%	0.1%
AVGO	D	0.22%	1.14%	0.22%
AVY	D	0.06%	0.15%	0.06%
AXON	A	0.09%	0.09%	0.09%
AXP	A	0.05%	0.3%	0.05%
AZO	C	0.15%	0.22%	0.15%
BAC	A	0.12%	0.41%	0.12%
BBY	D	0.17%	0.21%	0.17%
BDX	F	0.05%	0.07%	0.05%
BG	F	0.36%	0.18%	0.18%
BIIB	F	0.24%	0.12%	0.12%
BK	A	0.11%	0.38%	0.11%
BKNG	A	0.13%	0.5%	0.13%
BLDR	D	0.19%	0.43%	0.19%
BLK	C	0.09%	0.17%	0.09%
BMY	B	0.25%	0.21%	0.21%
BR	A	0.11%	0.16%	0.11%
BRK.A	B	0.49%	1.15%	0.49%
BRO	B	0.03%	0.17%	0.03%
BSX	B	0.06%	0.24%	0.06%
BX	A	0.08%	0.09%	0.08%
C	A	0.13%	0.28%	0.13%
CAG	D	0.21%	0.16%	0.16%
CAH	B	0.19%	0.12%	0.12%
CARR	D	0.08%	0.06%	0.06%
CAT	B	0.14%	0.23%	0.14%
CB	C	0.14%	0.21%	0.14%
CBOE	B	0.04%	0.11%	0.04%
CBRE	B	0.04%	0.06%	0.04%
CCL	B	0.09%	0.19%	0.09%
CDNS	B	0.33%	0.23%	0.23%
CDW	F	0.12%	0.1%	0.1%
CE	F	0.07%	0.08%	0.07%
CEG	D	0.38%	0.11%	0.11%
CF	B	0.09%	0.12%	0.09%
CFG	B	0.05%	0.09%	0.05%
CHD	B	0.41%	0.13%	0.13%
CHTR	C	0.46%	0.13%	0.13%
CI	F	0.18%	0.26%	0.18%
CINF	A	0.14%	0.14%	0.14%
CL	D	0.4%	0.4%	0.4%
CLX	B	0.41%	0.18%	0.18%
CMCSA	B	0.51%	0.29%	0.29%
CME	A	0.04%	0.11%	0.04%
CMG	B	0.49%	0.07%	0.07%
CMI	A	0.08%	0.09%	0.08%
CMS	C	0.07%	0.08%	0.07%
CNC	D	0.25%	0.1%	0.1%
CNP	B	0.25%	0.04%	0.04%
COF	B	0.69%	0.36%	0.36%
COP	C	0.07%	0.1%	0.07%
COR	B	0.18%	0.23%	0.18%
COST	B	0.7%	0.84%	0.7%
CPAY	A	0.04%	0.08%	0.04%
CPRT	A	0.22%	0.06%	0.06%
CRM	B	0.35%	0.48%	0.35%
CRWD	B	0.18%	0.09%	0.09%
CSCO	B	0.21%	0.32%	0.21%
CSX	B	0.08%	0.06%	0.06%
CTAS	B	0.17%	0.37%	0.17%
CTRA	B	0.17%	0.04%	0.04%
CTSH	B	0.13%	0.18%	0.13%
CTVA	C	0.08%	0.03%	0.03%
CVS	D	0.68%	0.18%	0.18%
CVX	A	0.75%	0.2%	0.2%
D	C	0.24%	0.03%	0.03%
DAL	C	0.27%	0.14%	0.14%
DE	A	0.13%	0.06%	0.06%
DECK	A	0.29%	0.26%	0.26%
DELL	C	0.17%	0.08%	0.08%
DFS	B	0.68%	0.27%	0.27%
DG	F	0.17%	0.1%	0.1%
DGX	A	0.16%	0.17%	0.16%
DHI	D	0.23%	0.14%	0.14%
DHR	F	0.1%	0.15%	0.1%
DIS	B	0.2%	0.19%	0.19%
DLR	B	0.26%	0.04%	0.04%
DLTR	F	0.17%	0.09%	0.09%
DOV	A	0.17%	0.11%	0.11%
DOW	F	0.07%	0.07%	0.07%
DPZ	C	0.52%	0.21%	0.21%
DRI	B	0.5%	0.09%	0.09%
DTE	C	0.24%	0.04%	0.04%
DUK	C	0.07%	0.1%	0.07%
DVN	F	0.16%	0.05%	0.05%
DXCM	D	0.09%	0.02%	0.02%
EA	A	0.48%	0.24%	0.24%
EBAY	D	0.22%	0.1%	0.1%
ECL	D	0.05%	0.09%	0.05%
ED	D	0.24%	0.06%	0.06%
EFX	F	0.04%	0.03%	0.03%
EG	C	0.14%	0.1%	0.1%
EIX	B	0.24%	0.04%	0.04%
EL	F	0.49%	0.11%	0.11%
ELV	F	0.24%	0.09%	0.09%
EOG	A	0.07%	0.08%	0.07%
EQIX	A	0.26%	0.02%	0.02%
EQR	B	0.1%	0.08%	0.08%
ESS	B	0.1%	0.06%	0.06%
ETN	A	0.26%	0.14%	0.14%
ETR	B	0.25%	0.07%	0.07%
EVRG	A	0.08%	0.07%	0.07%
EW	C	0.06%	0.07%	0.06%
EXC	C	0.29%	0.04%	0.04%
EXPD	D	0.09%	0.1%	0.09%
EXPE	B	0.12%	0.18%	0.12%
EXR	D	0.11%	0.03%	0.03%
F	C	0.24%	0.17%	0.17%
FANG	D	0.07%	0.02%	0.02%
FAST	B	0.12%	0.36%	0.12%
FDS	B	0.04%	0.12%	0.04%
FDX	B	0.07%	0.1%	0.07%
FE	C	0.24%	0.07%	0.07%
FI	A	0.06%	0.27%	0.06%
FICO	B	0.03%	0.49%	0.03%
FIS	C	0.05%	0.06%	0.05%
FITB	A	0.05%	0.05%	0.05%
FTNT	C	0.17%	0.24%	0.17%
FTV	C	0.03%	0.1%	0.03%
GD	F	0.16%	0.14%	0.14%
GDDY	A	0.26%	0.22%	0.22%
GE	D	0.17%	0.29%	0.17%
GEHC	F	0.1%	0.02%	0.02%
GEN	B	0.17%	0.12%	0.12%
GEV	B	0.18%	0.09%	0.09%
GILD	C	0.24%	0.17%	0.17%
GIS	D	0.21%	0.07%	0.07%
GLW	B	0.19%	0.08%	0.08%
GM	B	0.24%	0.03%	0.03%
GOOGL	C	0.22%	1.88%	0.22%
GPC	D	0.15%	0.04%	0.04%
GPN	B	0.04%	0.08%	0.04%
GRMN	B	0.32%	0.05%	0.05%
GWW	B	0.13%	0.44%	0.13%
HAL	C	0.33%	0.06%	0.06%
HBAN	A	0.05%	0.05%	0.05%
HCA	F	0.33%	0.12%	0.12%
HD	A	0.25%	0.81%	0.25%
HIG	B	0.14%	0.23%	0.14%
HLT	A	0.12%	0.19%	0.12%
HOLX	D	0.1%	0.17%	0.1%
HON	B	0.16%	0.15%	0.15%
HPE	B	0.19%	0.28%	0.19%
HPQ	B	0.34%	0.08%	0.08%
HSY	F	0.17%	0.05%	0.05%
HUBB	B	0.26%	0.08%	0.08%
HUM	C	0.26%	0.02%	0.02%
HWM	A	0.07%	0.12%	0.07%
IBM	C	0.33%	0.38%	0.33%
ICE	C	0.04%	0.22%	0.04%
IDXX	F	0.09%	0.29%	0.09%
IEX	B	0.2%	0.15%	0.15%
IFF	D	0.05%	0.03%	0.03%
INTC	D	0.16%	0.06%	0.06%
INTU	C	0.2%	0.26%	0.2%
INVH	D	0.1%	0.07%	0.07%
IP	B	0.06%	0.09%	0.06%
IQV	D	0.13%	0.09%	0.09%
IR	B	0.2%	0.11%	0.11%
IRM	D	0.06%	0.13%	0.06%
ISRG	A	0.12%	0.2%	0.12%
IT	C	0.13%	0.21%	0.13%
ITW	B	0.17%	0.22%	0.17%
J	F	0.39%	0.07%	0.07%
JBL	B	0.37%	0.13%	0.13%
JCI	C	0.08%	0.06%	0.06%
JKHY	D	0.05%	0.14%	0.05%
JNJ	D	0.23%	0.62%	0.23%
JPM	A	0.12%	1.16%	0.12%
K	A	0.18%	0.06%	0.06%
KDP	D	0.24%	0.08%	0.08%
KEY	B	0.06%	0.02%	0.02%
KEYS	A	0.2%	0.08%	0.08%
KHC	F	0.21%	0.09%	0.09%
KIM	A	0.06%	0.02%	0.02%
KKR	A	0.09%	0.15%	0.09%
KLAC	D	0.17%	0.16%	0.16%
KMB	D	0.41%	0.15%	0.15%
KMI	A	0.25%	0.26%	0.25%
KO	D	0.24%	0.33%	0.24%
KR	B	0.73%	0.38%	0.38%
KVUE	A	0.41%	0.02%	0.02%
L	A	0.49%	0.21%	0.21%
LDOS	C	0.13%	0.22%	0.13%
LEN	D	0.24%	0.28%	0.24%
LH	C	0.16%	0.11%	0.11%
LHX	C	0.08%	0.08%	0.08%
LIN	D	0.04%	0.23%	0.04%
LLY	F	0.23%	1.15%	0.23%
LMT	D	0.08%	0.13%	0.08%
LNT	A	0.08%	0.09%	0.08%
LOW	D	0.25%	0.41%	0.25%
LVS	C	0.08%	0.02%	0.02%
LYB	F	0.07%	0.13%	0.07%
LYV	A	0.09%	0.03%	0.03%
MA	C	0.05%	0.86%	0.05%
MAA	B	0.1%	0.08%	0.08%
MAR	B	0.12%	0.1%	0.1%
MAS	D	0.19%	0.19%	0.19%
MCD	D	0.49%	0.17%	0.17%
MCHP	D	0.13%	0.07%	0.07%
MCK	B	0.18%	0.19%	0.18%
MCO	B	0.04%	0.33%	0.04%
MDLZ	F	0.18%	0.09%	0.09%
MDT	D	0.06%	0.09%	0.06%
MET	A	0.21%	0.09%	0.09%
META	D	0.46%	2.5%	0.46%
MLM	B	0.17%	0.03%	0.03%
MMC	B	0.03%	0.29%	0.03%
MMM	D	0.17%	0.09%	0.09%
MNST	C	0.25%	0.09%	0.09%
MO	A	0.35%	0.18%	0.18%
MPC	D	0.48%	0.19%	0.19%
MPWR	F	0.21%	0.03%	0.03%
MRK	F	0.24%	0.39%	0.24%
MRO	B	0.07%	0.09%	0.07%
MS	A	0.26%	0.25%	0.25%
MSFT	F	0.32%	5.64%	0.32%
MSI	B	0.49%	0.33%	0.33%
MTB	A	0.06%	0.07%	0.06%
MTD	D	0.14%	0.25%	0.14%
MU	D	0.15%	0.07%	0.07%
NDAQ	A	0.04%	0.09%	0.04%
NDSN	B	0.03%	0.12%	0.03%
NEE	D	0.24%	0.09%	0.09%
NFLX	A	0.22%	0.4%	0.22%
NI	A	0.32%	0.1%	0.1%
NKE	D	0.33%	0.19%	0.19%
NOC	D	0.08%	0.04%	0.04%
NOW	A	0.22%	0.32%	0.22%
NRG	B	0.32%	0.21%	0.21%
NTAP	C	0.17%	0.14%	0.14%
NTRS	A	0.08%	0.19%	0.08%
NUE	C	0.25%	0.15%	0.15%
NVDA	C	0.13%	6.37%	0.13%
NVR	D	0.3%	0.11%	0.11%
O	D	0.06%	0.05%	0.05%
ODFL	B	0.08%	0.02%	0.02%
OKE	A	0.24%	0.18%	0.18%
OMC	C	0.33%	0.16%	0.16%
ON	D	0.22%	0.08%	0.08%
ORCL	B	0.34%	0.28%	0.28%
ORLY	B	0.14%	0.28%	0.14%
OTIS	C	0.08%	0.17%	0.08%
OXY	D	0.07%	0.05%	0.05%
PANW	C	0.16%	0.18%	0.16%
PAYX	C	0.21%	0.07%	0.07%
PCAR	B	0.12%	0.07%	0.07%
PCG	A	0.07%	0.02%	0.02%
PEG	A	0.25%	0.11%	0.11%
PEP	F	0.17%	0.35%	0.17%
PFE	D	0.24%	0.02%	0.02%
PFG	D	0.2%	0.16%	0.16%
PG	A	0.41%	0.6%	0.41%
PGR	A	0.19%	0.21%	0.19%
PH	A	0.08%	0.14%	0.08%
PHM	D	0.25%	0.26%	0.25%
PKG	A	0.06%	0.12%	0.06%
PLTR	B	0.22%	0.03%	0.03%
PM	B	0.35%	0.31%	0.31%
PNC	B	0.06%	0.09%	0.06%
PNR	A	0.19%	0.02%	0.02%
PODD	C	0.1%	0.11%	0.1%
POOL	C	0.13%	0.04%	0.04%
PPG	F	0.07%	0.12%	0.07%
PPL	B	0.08%	0.1%	0.08%
PRU	A	0.2%	0.16%	0.16%
PSA	D	0.1%	0.05%	0.05%
PSX	C	0.5%	0.1%	0.1%
PTC	A	0.17%	0.17%	0.17%
PWR	A	0.4%	0.09%	0.09%
PYPL	B	0.06%	0.1%	0.06%
QCOM	F	0.22%	0.35%	0.22%
RCL	A	0.08%	0.13%	0.08%
REGN	F	0.23%	0.18%	0.18%
RF	A	0.06%	0.05%	0.05%
RJF	A	0.25%	0.13%	0.13%
RMD	C	0.09%	0.02%	0.02%
ROL	B	0.18%	0.13%	0.13%
ROP	B	0.03%	0.25%	0.03%
ROST	C	0.71%	0.07%	0.07%
RSG	A	0.18%	0.22%	0.18%
RTX	C	0.08%	0.2%	0.08%
RVTY	F	0.1%	0.03%	0.03%
SCHW	B	0.25%	0.03%	0.03%
SHW	A	0.06%	0.21%	0.06%
SLB	C	0.34%	0.03%	0.03%
SMCI	F	0.15%	0.01%	0.01%
SNA	A	0.25%	0.1%	0.1%
SNPS	B	0.34%	0.15%	0.15%
SO	D	0.08%	0.08%	0.08%
SPG	B	0.06%	0.09%	0.06%
SPGI	C	0.04%	0.16%	0.04%
SRE	A	0.07%	0.05%	0.05%
STE	F	0.12%	0.08%	0.08%
STLD	B	0.27%	0.05%	0.05%
STT	A	0.11%	0.25%	0.11%
STX	D	0.17%	0.05%	0.05%
STZ	D	0.25%	0.09%	0.09%
SWK	D	0.26%	0.11%	0.11%
SWKS	F	0.21%	0.16%	0.16%
SYF	B	0.68%	0.41%	0.41%
SYK	C	0.12%	0.16%	0.12%
SYY	B	0.73%	0.24%	0.24%
T	A	0.33%	0.34%	0.33%
TDG	D	0.06%	0.12%	0.06%
TDY	B	0.03%	0.13%	0.03%
TER	D	0.16%	0.07%	0.07%
TFC	A	0.05%	0.02%	0.02%
TGT	F	0.17%	0.24%	0.17%
TJX	A	0.71%	0.39%	0.39%
TMO	F	0.14%	0.22%	0.14%
TMUS	B	0.33%	0.27%	0.27%
TRGP	B	0.24%	0.13%	0.13%
TRMB	B	0.03%	0.08%	0.03%
TROW	B	0.08%	0.12%	0.08%
TRV	B	0.14%	0.15%	0.14%
TSCO	D	0.12%	0.18%	0.12%
TSLA	B	0.27%	0.84%	0.27%
TSN	B	0.35%	0.06%	0.06%
TT	A	0.08%	0.16%	0.08%
TTWO	A	0.48%	0.04%	0.04%
TXN	C	0.22%	0.23%	0.22%
TXT	D	0.16%	0.17%	0.16%
TYL	B	0.21%	0.04%	0.04%
UBER	D	0.11%	0.14%	0.11%
ULTA	F	0.17%	0.25%	0.17%
UNH	C	0.25%	0.82%	0.25%
UNP	C	0.08%	0.04%	0.04%
URI	B	0.14%	0.03%	0.03%
USB	A	0.05%	0.06%	0.05%
V	A	0.04%	0.83%	0.04%
VICI	C	0.06%	0.1%	0.06%
VLO	C	0.49%	0.18%	0.18%
VLTO	D	0.03%	0.13%	0.03%
VMC	B	0.17%	0.04%	0.04%
VRSK	A	0.04%	0.09%	0.04%
VRSN	F	0.27%	0.37%	0.27%
VRTX	F	0.23%	0.19%	0.19%
VST	B	0.4%	0.29%	0.29%
VTR	C	0.11%	0.04%	0.04%
VTRS	A	0.24%	0.33%	0.24%
VZ	C	0.32%	0.25%	0.25%
WAB	B	0.13%	0.24%	0.13%
WAT	B	0.15%	0.08%	0.08%
WBD	C	0.19%	0.23%	0.19%
WDC	D	0.17%	0.04%	0.04%
WEC	A	0.07%	0.05%	0.05%
WELL	A	0.11%	0.09%	0.09%
WFC	A	0.13%	0.33%	0.13%
WM	A	0.18%	0.14%	0.14%
WMB	A	0.24%	0.23%	0.23%
WMT	A	0.72%	0.93%	0.72%
WRB	A	0.13%	0.07%	0.07%
WTW	B	0.04%	0.08%	0.04%
WY	D	0.17%	0.04%	0.04%
XOM	B	0.75%	0.73%	0.73%
XYL	D	0.19%	0.09%	0.09%
YUM	B	0.5%	0.28%	0.28%
ZBH	C	0.12%	0.11%	0.11%
ZBRA	B	0.13%	0.02%	0.02%
ZTS	D	0.25%	0.11%	0.11%

SHUS Overweight 106 Positions Relative to GSLC

Symbol	Grade	Weight
WBA	F	0.63%
SBUX	A	0.48%
MTCH	D	0.46%
BWA	D	0.41%
APTV	D	0.39%
HRL	D	0.36%
BKR	B	0.35%
IPG	D	0.33%
AWK	D	0.32%
RL	B	0.32%
UHS	D	0.32%
TPR	B	0.32%
AES	F	0.31%
LULU	C	0.3%
FCX	D	0.29%
UAL	A	0.28%
MOH	F	0.25%
LUV	C	0.25%
TAP	C	0.25%
INCY	C	0.25%
ENPH	F	0.25%
HAS	D	0.25%
GS	A	0.25%
NEM	D	0.24%
CTLT	B	0.24%
NXPI	D	0.23%
MRNA	F	0.23%
LW	C	0.22%
DAY	B	0.22%
GOOG	C	0.22%
AOS	F	0.21%
MKC	D	0.21%
QRVO	F	0.21%
SJM	D	0.21%
PAYC	B	0.21%
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%
BBWI	D	0.19%
GL	B	0.19%
JNPR	F	0.19%
EQT	B	0.18%
MHK	D	0.18%
BA	F	0.16%
TECH	D	0.15%
CRL	C	0.14%
KMX	B	0.14%
LKQ	D	0.14%
EPAM	C	0.13%
ABNB	C	0.12%
BALL	D	0.12%
AMCR	D	0.12%
DVA	B	0.11%
DOC	D	0.11%
BXP	D	0.11%
HST	C	0.11%
NWSA	B	0.1%
NWS	B	0.1%
FOX	A	0.1%
UDR	B	0.1%
FOXA	B	0.1%
CPT	B	0.1%
CHRW	C	0.09%
NCLH	B	0.09%
IVZ	B	0.09%
GNRC	B	0.08%
WYNN	D	0.08%
NSC	B	0.08%
HII	D	0.08%
MOS	F	0.08%
JBHT	C	0.08%
FMC	D	0.08%
BEN	C	0.08%
UPS	C	0.08%
SW	A	0.07%
CZR	F	0.07%
MGM	D	0.07%
APA	D	0.07%
HES	B	0.07%
PNW	B	0.07%
ALLE	D	0.07%
ES	D	0.07%
XEL	A	0.07%
REG	B	0.06%
FRT	B	0.06%
PLD	D	0.06%
SBAC	D	0.06%
CCI	D	0.06%
APD	A	0.05%
SOLV	C	0.05%
BAX	D	0.05%
WST	C	0.05%
TFX	F	0.05%
EMN	D	0.05%
ALB	C	0.05%
DD	D	0.05%
CSGP	D	0.04%
MKTX	D	0.04%
MSCI	C	0.04%
ROK	B	0.03%
EMR	A	0.03%

SHUS Underweight 44 Positions Relative to GSLC

Symbol	Grade	Weight
TEAM	A	-0.3%
APO	B	-0.3%
MANH	D	-0.28%
NTNX	A	-0.27%
SSNC	B	-0.25%
LRCX	F	-0.24%
HUBS	A	-0.24%
PINS	D	-0.23%
PSTG	D	-0.19%
LII	A	-0.19%
ZM	B	-0.18%
WSM	B	-0.17%
APP	B	-0.17%
RS	B	-0.16%
MSTR	C	-0.16%
GGG	B	-0.16%
EME	C	-0.16%
RPM	A	-0.15%
OC	A	-0.14%
VRT	B	-0.13%
LPLA	A	-0.12%
MKL	A	-0.11%
FCNCA	A	-0.1%
WPC	D	-0.1%
CSL	C	-0.1%
SUI	D	-0.08%
ARES	A	-0.08%
ALNY	D	-0.08%
WSO	A	-0.07%
AVTR	F	-0.07%
DASH	A	-0.07%
TOL	B	-0.07%
COIN	C	-0.06%
CVNA	B	-0.06%
ILMN	D	-0.06%
LNG	B	-0.05%
WDAY	B	-0.05%
TRU	D	-0.05%
IBKR	A	-0.05%
BURL	A	-0.05%
FNF	B	-0.04%
GWRE	A	-0.04%
BAH	F	-0.04%
TW	A	-0.02%