SHUS vs. HCMT ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Direxion HCM Tactical Enhanced US ETF (HCMT)

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

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.29

Average Daily Volume

49,839

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	HCMT
30 Days	2.26%	5.26%
60 Days	3.81%	7.80%
90 Days	5.24%	8.97%
12 Months	15.89%	53.05%

498 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in HCMT	Overlap
A	D	0.15%	0.06%	0.06%
AAPL	C	0.49%	5.45%	0.49%
ABBV	D	0.24%	0.47%	0.24%
ABNB	C	0.12%	0.09%	0.09%
ABT	B	0.06%	0.31%	0.06%
ACGL	D	0.14%	0.06%	0.06%
ACN	C	0.13%	0.36%	0.13%
ADBE	C	0.15%	0.37%	0.15%
ADI	D	0.22%	0.17%	0.17%
ADM	D	0.36%	0.04%	0.04%
ADP	B	0.21%	0.19%	0.19%
ADSK	A	0.16%	0.1%	0.1%
AEE	A	0.08%	0.04%	0.04%
AEP	D	0.24%	0.08%	0.08%
AES	F	0.31%	0.02%	0.02%
AFL	B	0.2%	0.09%	0.09%
AIG	B	0.19%	0.08%	0.08%
AIZ	A	0.2%	0.02%	0.02%
AJG	B	0.03%	0.1%	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%	0.08%	0.08%
ALLE	D	0.07%	0.02%	0.02%
AMAT	F	0.17%	0.24%	0.17%
AMCR	D	0.12%	0.02%	0.02%
AMD	F	0.14%	0.35%	0.14%
AME	A	0.12%	0.07%	0.07%
AMGN	D	0.23%	0.25%	0.23%
AMP	A	0.09%	0.09%	0.09%
AMT	D	0.06%	0.14%	0.06%
AMZN	C	0.21%	3.1%	0.21%
ANET	C	0.21%	0.16%	0.16%
ANSS	B	0.17%	0.05%	0.05%
AON	A	0.04%	0.13%	0.04%
AOS	F	0.21%	0.01%	0.01%
APA	D	0.07%	0.01%	0.01%
APD	A	0.05%	0.11%	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%
ATO	A	0.32%	0.04%	0.04%
AVB	B	0.1%	0.05%	0.05%
AVGO	D	0.22%	1.25%	0.22%
AVY	D	0.06%	0.03%	0.03%
AWK	D	0.32%	0.04%	0.04%
AXON	A	0.09%	0.07%	0.07%
AXP	A	0.05%	0.25%	0.05%
AZO	C	0.15%	0.08%	0.08%
BA	F	0.16%	0.16%	0.16%
BAC	A	0.12%	0.49%	0.12%
BALL	D	0.12%	0.03%	0.03%
BAX	D	0.05%	0.03%	0.03%
BBY	D	0.17%	0.03%	0.03%
BDX	F	0.05%	0.1%	0.05%
BEN	C	0.08%	0.01%	0.01%
BG	F	0.36%	0.02%	0.02%
BIIB	F	0.24%	0.04%	0.04%
BK	A	0.11%	0.09%	0.09%
BKNG	A	0.13%	0.26%	0.13%
BKR	B	0.35%	0.07%	0.07%
BLDR	D	0.19%	0.03%	0.03%
BLK	C	0.09%	0.23%	0.09%
BMY	B	0.25%	0.19%	0.19%
BR	A	0.11%	0.04%	0.04%
BRK.A	B	0.49%	1.35%	0.49%
BRO	B	0.03%	0.04%	0.03%
BSX	B	0.06%	0.2%	0.06%
BWA	D	0.41%	0.01%	0.01%
BX	A	0.08%	0.21%	0.08%
BXP	D	0.11%	0.02%	0.02%
C	A	0.13%	0.2%	0.13%
CAG	D	0.21%	0.02%	0.02%
CAH	B	0.19%	0.05%	0.05%
CARR	D	0.08%	0.1%	0.08%
CAT	B	0.14%	0.3%	0.14%
CB	C	0.14%	0.17%	0.14%
CBOE	B	0.04%	0.03%	0.03%
CBRE	B	0.04%	0.06%	0.04%
CCI	D	0.06%	0.07%	0.06%
CCL	B	0.09%	0.04%	0.04%
CDNS	B	0.33%	0.13%	0.13%
CDW	F	0.12%	0.04%	0.04%
CE	F	0.07%	0.01%	0.01%
CEG	D	0.38%	0.11%	0.11%
CF	B	0.09%	0.02%	0.02%
CFG	B	0.05%	0.03%	0.03%
CHD	B	0.41%	0.04%	0.04%
CHRW	C	0.09%	0.02%	0.02%
CHTR	C	0.46%	0.06%	0.06%
CI	F	0.18%	0.14%	0.14%
CINF	A	0.14%	0.04%	0.04%
CL	D	0.4%	0.12%	0.12%
CLX	B	0.41%	0.03%	0.03%
CMCSA	B	0.51%	0.26%	0.26%
CME	A	0.04%	0.13%	0.04%
CMG	B	0.49%	0.13%	0.13%
CMI	A	0.08%	0.08%	0.08%
CMS	C	0.07%	0.03%	0.03%
CNC	D	0.25%	0.05%	0.05%
CNP	B	0.25%	0.03%	0.03%
COF	B	0.69%	0.11%	0.11%
COP	C	0.07%	0.21%	0.07%
COR	B	0.18%	0.07%	0.07%
COST	B	0.7%	0.64%	0.64%
CPAY	A	0.04%	0.04%	0.04%
CPB	D	0.2%	0.01%	0.01%
CPRT	A	0.22%	0.08%	0.08%
CPT	B	0.1%	0.02%	0.02%
CRL	C	0.14%	0.02%	0.02%
CRM	B	0.35%	0.51%	0.35%
CRWD	B	0.18%	0.12%	0.12%
CSCO	B	0.21%	0.37%	0.21%
CSGP	D	0.04%	0.05%	0.04%
CSX	B	0.08%	0.11%	0.08%
CTAS	B	0.17%	0.12%	0.12%
CTLT	B	0.24%	0.02%	0.02%
CTRA	B	0.17%	0.03%	0.03%
CTSH	B	0.13%	0.06%	0.06%
CTVA	C	0.08%	0.06%	0.06%
CVS	D	0.68%	0.11%	0.11%
CVX	A	0.75%	0.43%	0.43%
CZR	F	0.07%	0.01%	0.01%
D	C	0.24%	0.07%	0.07%
DAL	C	0.27%	0.07%	0.07%
DAY	B	0.22%	0.02%	0.02%
DD	D	0.05%	0.05%	0.05%
DE	A	0.13%	0.16%	0.13%
DECK	A	0.29%	0.04%	0.04%
DELL	C	0.17%	0.06%	0.06%
DFS	B	0.68%	0.07%	0.07%
DG	F	0.17%	0.03%	0.03%
DGX	A	0.16%	0.03%	0.03%
DHI	D	0.23%	0.08%	0.08%
DHR	F	0.1%	0.24%	0.1%
DIS	B	0.2%	0.31%	0.2%
DLR	B	0.26%	0.09%	0.09%
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%	0.05%	0.05%
DPZ	C	0.52%	0.02%	0.02%
DRI	B	0.5%	0.03%	0.03%
DTE	C	0.24%	0.04%	0.04%
DUK	C	0.07%	0.13%	0.07%
DVA	B	0.11%	0.01%	0.01%
DVN	F	0.16%	0.04%	0.04%
DXCM	D	0.09%	0.05%	0.05%
EA	A	0.48%	0.06%	0.06%
EBAY	D	0.22%	0.05%	0.05%
ECL	D	0.05%	0.1%	0.05%
ED	D	0.24%	0.05%	0.05%
EFX	F	0.04%	0.05%	0.04%
EG	C	0.14%	0.03%	0.03%
EIX	B	0.24%	0.05%	0.05%
EL	F	0.49%	0.02%	0.02%
ELV	F	0.24%	0.15%	0.15%
EMN	D	0.05%	0.02%	0.02%
EMR	A	0.03%	0.12%	0.03%
ENPH	F	0.25%	0.01%	0.01%
EOG	A	0.07%	0.12%	0.07%
EPAM	C	0.13%	0.02%	0.02%
EQIX	A	0.26%	0.13%	0.13%
EQR	B	0.1%	0.04%	0.04%
EQT	B	0.18%	0.04%	0.04%
ERIE	D	0.2%	0.02%	0.02%
ES	D	0.07%	0.03%	0.03%
ESS	B	0.1%	0.03%	0.03%
ETN	A	0.26%	0.23%	0.23%
ETR	B	0.25%	0.05%	0.05%
EVRG	A	0.08%	0.02%	0.02%
EW	C	0.06%	0.06%	0.06%
EXC	C	0.29%	0.06%	0.06%
EXPD	D	0.09%	0.03%	0.03%
EXPE	B	0.12%	0.04%	0.04%
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%
FDS	B	0.04%	0.03%	0.03%
FDX	B	0.07%	0.1%	0.07%
FE	C	0.24%	0.03%	0.03%
FFIV	B	0.2%	0.02%	0.02%
FI	A	0.06%	0.19%	0.06%
FICO	B	0.03%	0.09%	0.03%
FIS	C	0.05%	0.08%	0.05%
FITB	A	0.05%	0.05%	0.05%
FMC	D	0.08%	0.01%	0.01%
FOX	A	0.1%	0.01%	0.01%
FOXA	B	0.1%	0.02%	0.02%
FRT	B	0.06%	0.01%	0.01%
FSLR	F	0.2%	0.03%	0.03%
FTNT	C	0.17%	0.09%	0.09%
FTV	C	0.03%	0.04%	0.03%
GD	F	0.16%	0.12%	0.12%
GDDY	A	0.26%	0.04%	0.04%
GE	D	0.17%	0.3%	0.17%
GEHC	F	0.1%	0.06%	0.06%
GEN	B	0.17%	0.03%	0.03%
GEV	B	0.18%	0.14%	0.14%
GILD	C	0.24%	0.18%	0.18%
GIS	D	0.21%	0.06%	0.06%
GL	B	0.19%	0.02%	0.02%
GLW	B	0.19%	0.06%	0.06%
GM	B	0.24%	0.1%	0.1%
GNRC	B	0.08%	0.02%	0.02%
GOOG	C	0.22%	1.34%	0.22%
GOOGL	C	0.22%	1.62%	0.22%
GPC	D	0.15%	0.03%	0.03%
GPN	B	0.04%	0.05%	0.04%
GRMN	B	0.32%	0.05%	0.05%
GS	A	0.25%	0.29%	0.25%
GWW	B	0.13%	0.08%	0.08%
HAL	C	0.33%	0.04%	0.04%
HAS	D	0.25%	0.01%	0.01%
HBAN	A	0.05%	0.04%	0.04%
HCA	F	0.33%	0.1%	0.1%
HD	A	0.25%	0.63%	0.25%
HES	B	0.07%	0.06%	0.06%
HIG	B	0.14%	0.05%	0.05%
HII	D	0.08%	0.01%	0.01%
HLT	A	0.12%	0.1%	0.1%
HOLX	D	0.1%	0.03%	0.03%
HON	B	0.16%	0.24%	0.16%
HPE	B	0.19%	0.04%	0.04%
HPQ	B	0.34%	0.06%	0.06%
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%	0.04%	0.04%
HUBB	B	0.26%	0.04%	0.04%
HUM	C	0.26%	0.05%	0.05%
HWM	A	0.07%	0.07%	0.07%
IBM	C	0.33%	0.3%	0.3%
ICE	C	0.04%	0.14%	0.04%
IDXX	F	0.09%	0.05%	0.05%
IEX	B	0.2%	0.03%	0.03%
IFF	D	0.05%	0.04%	0.04%
INCY	C	0.25%	0.02%	0.02%
INTC	D	0.16%	0.17%	0.16%
INTU	C	0.2%	0.31%	0.2%
INVH	D	0.1%	0.03%	0.03%
IP	B	0.06%	0.03%	0.03%
IPG	D	0.33%	0.02%	0.02%
IQV	D	0.13%	0.06%	0.06%
IR	B	0.2%	0.07%	0.07%
IRM	D	0.06%	0.05%	0.05%
ISRG	A	0.12%	0.3%	0.12%
IT	C	0.13%	0.06%	0.06%
ITW	B	0.17%	0.11%	0.11%
IVZ	B	0.09%	0.01%	0.01%
J	F	0.39%	0.03%	0.03%
JBHT	C	0.08%	0.02%	0.02%
JBL	B	0.37%	0.02%	0.02%
JCI	C	0.08%	0.09%	0.08%
JKHY	D	0.05%	0.02%	0.02%
JNJ	D	0.23%	0.57%	0.23%
JNPR	F	0.19%	0.02%	0.02%
JPM	A	0.12%	1.08%	0.12%
K	A	0.18%	0.03%	0.03%
KDP	D	0.24%	0.06%	0.06%
KEY	B	0.06%	0.03%	0.03%
KEYS	A	0.2%	0.04%	0.04%
KHC	F	0.21%	0.04%	0.04%
KIM	A	0.06%	0.03%	0.03%
KKR	A	0.09%	0.16%	0.09%
KLAC	D	0.17%	0.14%	0.14%
KMB	D	0.41%	0.07%	0.07%
KMI	A	0.25%	0.08%	0.08%
KMX	B	0.14%	0.02%	0.02%
KO	D	0.24%	0.38%	0.24%
KR	B	0.73%	0.06%	0.06%
KVUE	A	0.41%	0.07%	0.07%
L	A	0.49%	0.02%	0.02%
LDOS	C	0.13%	0.04%	0.04%
LEN	D	0.24%	0.06%	0.06%
LH	C	0.16%	0.03%	0.03%
LHX	C	0.08%	0.07%	0.07%
LIN	D	0.04%	0.34%	0.04%
LKQ	D	0.14%	0.02%	0.02%
LLY	F	0.23%	0.98%	0.23%
LMT	D	0.08%	0.18%	0.08%
LNT	A	0.08%	0.02%	0.02%
LOW	D	0.25%	0.24%	0.24%
LULU	C	0.3%	0.06%	0.06%
LUV	C	0.25%	0.03%	0.03%
LVS	C	0.08%	0.03%	0.03%
LW	C	0.22%	0.02%	0.02%
LYB	F	0.07%	0.03%	0.03%
LYV	A	0.09%	0.03%	0.03%
MA	C	0.05%	0.67%	0.05%
MAA	B	0.1%	0.03%	0.03%
MAR	B	0.12%	0.1%	0.1%
MAS	D	0.19%	0.03%	0.03%
MCD	D	0.49%	0.34%	0.34%
MCHP	D	0.13%	0.06%	0.06%
MCK	B	0.18%	0.12%	0.12%
MCO	B	0.04%	0.12%	0.04%
MDLZ	F	0.18%	0.14%	0.14%
MDT	D	0.06%	0.17%	0.06%
MET	A	0.21%	0.08%	0.08%
META	D	0.46%	1.98%	0.46%
MGM	D	0.07%	0.01%	0.01%
MHK	D	0.18%	0.01%	0.01%
MKC	D	0.21%	0.03%	0.03%
MKTX	D	0.04%	0.02%	0.02%
MLM	B	0.17%	0.06%	0.06%
MMC	B	0.03%	0.17%	0.03%
MMM	D	0.17%	0.11%	0.11%
MNST	C	0.25%	0.06%	0.06%
MO	A	0.35%	0.15%	0.15%
MOH	F	0.25%	0.03%	0.03%
MOS	F	0.08%	0.01%	0.01%
MPC	D	0.48%	0.08%	0.08%
MPWR	F	0.21%	0.04%	0.04%
MRK	F	0.24%	0.39%	0.24%
MRNA	F	0.23%	0.02%	0.02%
MRO	B	0.07%	0.03%	0.03%
MS	A	0.26%	0.26%	0.26%
MSCI	C	0.04%	0.07%	0.04%
MSFT	F	0.32%	4.99%	0.32%
MSI	B	0.49%	0.13%	0.13%
MTB	A	0.06%	0.06%	0.06%
MTCH	D	0.46%	0.01%	0.01%
MTD	D	0.14%	0.04%	0.04%
MU	D	0.15%	0.17%	0.15%
NCLH	B	0.09%	0.02%	0.02%
NDAQ	A	0.04%	0.05%	0.04%
NDSN	B	0.03%	0.02%	0.02%
NEE	D	0.24%	0.24%	0.24%
NEM	D	0.24%	0.07%	0.07%
NFLX	A	0.22%	0.56%	0.22%
NI	A	0.32%	0.03%	0.03%
NKE	D	0.33%	0.14%	0.14%
NOC	D	0.08%	0.11%	0.08%
NOW	A	0.22%	0.34%	0.22%
NRG	B	0.32%	0.03%	0.03%
NSC	B	0.08%	0.09%	0.08%
NTAP	C	0.17%	0.04%	0.04%
NTRS	A	0.08%	0.03%	0.03%
NUE	C	0.25%	0.05%	0.05%
NVDA	C	0.13%	5.67%	0.13%
NVR	D	0.3%	0.04%	0.04%
NWS	B	0.1%	0.01%	0.01%
NWSA	B	0.1%	0.02%	0.02%
NXPI	D	0.23%	0.09%	0.09%
O	D	0.06%	0.08%	0.06%
ODFL	B	0.08%	0.07%	0.07%
OKE	A	0.24%	0.1%	0.1%
OMC	C	0.33%	0.03%	0.03%
ON	D	0.22%	0.05%	0.05%
ORCL	B	0.34%	0.47%	0.34%
ORLY	B	0.14%	0.11%	0.11%
OTIS	C	0.08%	0.06%	0.06%
OXY	D	0.07%	0.05%	0.05%
PANW	C	0.16%	0.2%	0.16%
PARA	C	0.2%	0.01%	0.01%
PAYC	B	0.21%	0.02%	0.02%
PAYX	C	0.21%	0.07%	0.07%
PCAR	B	0.12%	0.09%	0.09%
PCG	A	0.07%	0.07%	0.07%
PEG	A	0.25%	0.07%	0.07%
PEP	F	0.17%	0.36%	0.17%
PFE	D	0.24%	0.23%	0.23%
PFG	D	0.2%	0.03%	0.03%
PG	A	0.41%	0.62%	0.41%
PGR	A	0.19%	0.24%	0.19%
PH	A	0.08%	0.14%	0.08%
PHM	D	0.25%	0.04%	0.04%
PKG	A	0.06%	0.03%	0.03%
PLD	D	0.06%	0.17%	0.06%
PLTR	B	0.22%	0.19%	0.19%
PM	B	0.35%	0.31%	0.31%
PNC	B	0.06%	0.13%	0.06%
PNR	A	0.19%	0.03%	0.03%
PNW	B	0.07%	0.02%	0.02%
PODD	C	0.1%	0.03%	0.03%
POOL	C	0.13%	0.02%	0.02%
PPG	F	0.07%	0.05%	0.05%
PPL	B	0.08%	0.04%	0.04%
PRU	A	0.2%	0.07%	0.07%
PSA	D	0.1%	0.08%	0.08%
PSX	C	0.5%	0.09%	0.09%
PTC	A	0.17%	0.04%	0.04%
PWR	A	0.4%	0.07%	0.07%
PYPL	B	0.06%	0.14%	0.06%
QCOM	F	0.22%	0.29%	0.22%
QRVO	F	0.21%	0.01%	0.01%
RCL	A	0.08%	0.09%	0.08%
REG	B	0.06%	0.02%	0.02%
REGN	F	0.23%	0.13%	0.13%
RF	A	0.06%	0.04%	0.04%
RJF	A	0.25%	0.05%	0.05%
RL	B	0.32%	0.01%	0.01%
RMD	C	0.09%	0.05%	0.05%
ROK	B	0.03%	0.05%	0.03%
ROL	B	0.18%	0.02%	0.02%
ROP	B	0.03%	0.1%	0.03%
ROST	C	0.71%	0.07%	0.07%
RSG	A	0.18%	0.07%	0.07%
RTX	C	0.08%	0.25%	0.08%
RVTY	F	0.1%	0.02%	0.02%
SBAC	D	0.06%	0.04%	0.04%
SBUX	A	0.48%	0.18%	0.18%
SCHW	B	0.25%	0.19%	0.19%
SHW	A	0.06%	0.14%	0.06%
SJM	D	0.21%	0.02%	0.02%
SLB	C	0.34%	0.1%	0.1%
SMCI	F	0.15%	0.01%	0.01%
SNA	A	0.25%	0.03%	0.03%
SNPS	B	0.34%	0.13%	0.13%
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%	0.26%	0.04%
SRE	A	0.07%	0.09%	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%	0.06%	0.06%
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%	0.04%	0.04%
SYK	C	0.12%	0.21%	0.12%
SYY	B	0.73%	0.06%	0.06%
T	A	0.33%	0.25%	0.25%
TAP	C	0.25%	0.02%	0.02%
TDG	D	0.06%	0.11%	0.06%
TDY	B	0.03%	0.04%	0.03%
TECH	D	0.15%	0.02%	0.02%
TER	D	0.16%	0.03%	0.03%
TFC	A	0.05%	0.1%	0.05%
TFX	F	0.05%	0.01%	0.01%
TGT	F	0.17%	0.11%	0.11%
TJX	A	0.71%	0.21%	0.21%
TMO	F	0.14%	0.32%	0.14%
TMUS	B	0.33%	0.18%	0.18%
TPR	B	0.32%	0.02%	0.02%
TRGP	B	0.24%	0.07%	0.07%
TRMB	B	0.03%	0.03%	0.03%
TROW	B	0.08%	0.04%	0.04%
TRV	B	0.14%	0.09%	0.09%
TSCO	D	0.12%	0.05%	0.05%
TSLA	B	0.27%	1.36%	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%	0.3%	0.22%
TXT	D	0.16%	0.03%	0.03%
TYL	B	0.21%	0.04%	0.04%
UAL	A	0.28%	0.05%	0.05%
UBER	D	0.11%	0.24%	0.11%
UDR	B	0.1%	0.02%	0.02%
UHS	D	0.32%	0.02%	0.02%
ULTA	F	0.17%	0.03%	0.03%
UNH	C	0.25%	0.86%	0.25%
UNP	C	0.08%	0.23%	0.08%
UPS	C	0.08%	0.15%	0.08%
URI	B	0.14%	0.09%	0.09%
USB	A	0.05%	0.12%	0.05%
V	A	0.04%	0.81%	0.04%
VICI	C	0.06%	0.05%	0.05%
VLO	C	0.49%	0.07%	0.07%
VLTO	D	0.03%	0.04%	0.03%
VMC	B	0.17%	0.06%	0.06%
VRSK	A	0.04%	0.06%	0.04%
VRSN	F	0.27%	0.02%	0.02%
VRTX	F	0.23%	0.2%	0.2%
VST	B	0.4%	0.07%	0.07%
VTR	C	0.11%	0.04%	0.04%
VTRS	A	0.24%	0.02%	0.02%
VZ	C	0.32%	0.27%	0.27%
WAB	B	0.13%	0.05%	0.05%
WAT	B	0.15%	0.04%	0.04%
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%	0.05%	0.05%
WELL	A	0.11%	0.12%	0.11%
WFC	A	0.13%	0.39%	0.13%
WM	A	0.18%	0.13%	0.13%
WMB	A	0.24%	0.11%	0.11%
WMT	A	0.72%	0.58%	0.58%
WRB	A	0.13%	0.03%	0.03%
WST	C	0.05%	0.04%	0.04%
WTW	B	0.04%	0.05%	0.04%
WY	D	0.17%	0.04%	0.04%
WYNN	D	0.08%	0.01%	0.01%
XEL	A	0.07%	0.06%	0.06%
XOM	B	0.75%	0.84%	0.75%
XYL	D	0.19%	0.05%	0.05%
YUM	B	0.5%	0.06%	0.06%
ZBH	C	0.12%	0.03%	0.03%
ZBRA	B	0.13%	0.03%	0.03%
ZTS	D	0.25%	0.12%	0.12%

SHUS Overweight 2 Positions Relative to HCMT

	Symbol	Grade	Weight
	TEL	B	0.19%
	BBWI	D	0.19%

SHUS Underweight 1 Positions Relative to HCMT

	Symbol	Grade	Weight
	LRCX	F	-0.15%