SHUS vs. INRO ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to BlackRock U.S. Industry Rotation ETF (INRO)
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
INRO

BlackRock U.S. Industry Rotation ETF

INRO Description INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.

Grade (RS Rating)

Last Trade

$28.27

Average Daily Volume

3,544

Number of Holdings *

423

* may have additional holdings in another (foreign) market
Performance
Period SHUS INRO
30 Days 2.26% 2.86%
60 Days 3.81% 5.93%
90 Days 5.24% 6.63%
12 Months 15.89%
343 Overlapping Holdings
Symbol Grade Weight in SHUS Weight in INRO Overlap
A D 0.15% 0.05% 0.05%
AAPL C 0.49% 5.57% 0.49%
ABBV F 0.24% 0.4% 0.24%
ACGL C 0.14% 0.06% 0.06%
ACN B 0.13% 0.07% 0.07%
ADBE C 0.15% 0.32% 0.15%
ADI D 0.22% 0.23% 0.22%
ADP A 0.21% 0.29% 0.21%
ADSK A 0.16% 0.1% 0.1%
AEP C 0.24% 0.31% 0.24%
AES F 0.31% 0.03% 0.03%
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 A 0.03% 0.09% 0.03%
ALL A 0.19% 0.08% 0.08%
ALLE C 0.07% 0.09% 0.07%
AMAT F 0.17% 0.32% 0.17%
AMCR C 0.12% 0.07% 0.07%
AMD F 0.14% 0.49% 0.14%
AME A 0.12% 0.14% 0.12%
AMGN F 0.23% 0.22% 0.22%
AMP A 0.09% 0.17% 0.09%
AMT C 0.06% 0.11% 0.06%
AMZN C 0.21% 1.46% 0.21%
ANSS B 0.17% 0.05% 0.05%
AON A 0.04% 0.11% 0.04%
AOS F 0.21% 0.06% 0.06%
APA D 0.07% 0.01% 0.01%
APD A 0.05% 0.01% 0.01%
APH A 0.18% 0.19% 0.18%
ARE F 0.1% 0.04% 0.04%
ATO A 0.32% 0.05% 0.05%
AVB B 0.1% 0.01% 0.01%
AVGO D 0.22% 1.64% 0.22%
AVY F 0.06% 0.07% 0.06%
AXON A 0.09% 0.02% 0.02%
AXP A 0.05% 1.14% 0.05%
AZO C 0.15% 0.15% 0.15%
BA F 0.16% 0.04% 0.04%
BAC A 0.12% 0.79% 0.12%
BALL F 0.12% 0.08% 0.08%
BBWI C 0.19% 0.02% 0.02%
BBY D 0.17% 0.05% 0.05%
BEN C 0.08% 0.03% 0.03%
BIIB F 0.24% 0.03% 0.03%
BK A 0.11% 0.11% 0.11%
BKR A 0.35% 0.07% 0.07%
BLDR D 0.19% 0.15% 0.15%
BMY B 0.25% 0.12% 0.12%
BR A 0.11% 0.07% 0.07%
BRK.A B 0.49% 0.06% 0.06%
BRO B 0.03% 0.04% 0.03%
BX A 0.08% 0.42% 0.08%
BXP C 0.11% 1.38% 0.11%
C A 0.13% 0.34% 0.13%
CARR C 0.08% 0.42% 0.08%
CAT B 0.14% 0.36% 0.14%
CB C 0.14% 0.16% 0.14%
CBOE C 0.04% 0.04% 0.04%
CBRE B 0.04% 0.88% 0.04%
CCI C 0.06% 0.05% 0.05%
CDNS B 0.33% 0.12% 0.12%
CDW F 0.12% 0.06% 0.06%
CEG C 0.38% 0.45% 0.38%
CFG B 0.05% 0.05% 0.05%
CINF A 0.14% 0.04% 0.04%
CME B 0.04% 0.26% 0.04%
CMI A 0.08% 0.09% 0.08%
COF C 0.69% 0.49% 0.49%
COP C 0.07% 0.23% 0.07%
COST A 0.7% 0.46% 0.46%
CPRT B 0.22% 0.21% 0.21%
CPT B 0.1% 0.0% 0.0%
CRL D 0.14% 0.02% 0.02%
CRM B 0.35% 0.47% 0.35%
CRWD B 0.18% 0.11% 0.11%
CSGP D 0.04% 0.65% 0.04%
CSX C 0.08% 0.26% 0.08%
CTAS B 0.17% 0.34% 0.17%
CTLT C 0.24% 0.01% 0.01%
CTRA B 0.17% 0.03% 0.03%
CTSH B 0.13% 0.02% 0.02%
CVX A 0.75% 0.48% 0.48%
DAL B 0.27% 0.03% 0.03%
DAY B 0.22% 0.03% 0.03%
DE B 0.13% 0.2% 0.13%
DELL B 0.17% 0.07% 0.07%
DFS B 0.68% 0.31% 0.31%
DG F 0.17% 0.01% 0.01%
DHI F 0.23% 0.33% 0.23%
DHR F 0.1% 0.2% 0.1%
DLR B 0.26% 0.07% 0.07%
DLTR F 0.17% 0.01% 0.01%
DOC C 0.11% 0.03% 0.03%
DOV A 0.17% 0.06% 0.06%
DUK C 0.07% 0.53% 0.07%
DVN F 0.16% 0.04% 0.04%
EBAY D 0.22% 0.02% 0.02%
EFX F 0.04% 0.08% 0.04%
EG C 0.14% 0.03% 0.03%
EIX B 0.24% 0.2% 0.2%
EMR B 0.03% 0.24% 0.03%
ENPH F 0.25% 0.02% 0.02%
EOG A 0.07% 0.14% 0.07%
EPAM B 0.13% 0.01% 0.01%
EQIX A 0.26% 0.1% 0.1%
EQR C 0.1% 0.01% 0.01%
EQT B 0.18% 0.04% 0.04%
ERIE D 0.2% 0.02% 0.02%
ES C 0.07% 0.13% 0.07%
ESS B 0.1% 0.01% 0.01%
ETN A 0.26% 0.48% 0.26%
ETR B 0.25% 0.2% 0.2%
EVRG A 0.08% 0.1% 0.08%
EXC C 0.29% 0.24% 0.24%
EXPD C 0.09% 0.0% 0.0%
EXR C 0.11% 0.04% 0.04%
F C 0.24% 0.06% 0.06%
FANG C 0.07% 0.06% 0.06%
FAST B 0.12% 0.41% 0.12%
FCX F 0.29% 0.11% 0.11%
FDS B 0.04% 0.07% 0.04%
FDX B 0.07% 0.02% 0.02%
FE C 0.24% 0.15% 0.15%
FI A 0.06% 0.01% 0.01%
FICO B 0.03% 0.08% 0.03%
FIS C 0.05% 0.01% 0.01%
FITB B 0.05% 0.08% 0.05%
FSLR F 0.2% 0.04% 0.04%
FTNT C 0.17% 0.09% 0.09%
FTV C 0.03% 0.05% 0.03%
GD D 0.16% 0.03% 0.03%
GDDY A 0.26% 0.01% 0.01%
GE D 0.17% 0.08% 0.08%
GEN B 0.17% 0.03% 0.03%
GEV B 0.18% 0.31% 0.18%
GILD C 0.24% 0.16% 0.16%
GLW B 0.19% 0.09% 0.09%
GM C 0.24% 0.09% 0.09%
GOOG C 0.22% 2.71% 0.22%
GOOGL C 0.22% 3.12% 0.22%
GRMN B 0.32% 0.22% 0.22%
GS A 0.25% 0.62% 0.25%
GWW B 0.13% 0.46% 0.13%
HAL C 0.33% 0.04% 0.04%
HBAN A 0.05% 0.07% 0.05%
HD B 0.25% 1.16% 0.25%
HES B 0.07% 0.07% 0.07%
HIG B 0.14% 0.05% 0.05%
HII F 0.08% 0.0% 0.0%
HON C 0.16% 1.56% 0.16%
HPE B 0.19% 0.05% 0.05%
HPQ B 0.34% 0.06% 0.06%
HUBB B 0.26% 0.08% 0.08%
HWM A 0.07% 0.02% 0.02%
IBM C 0.33% 0.06% 0.06%
ICE C 0.04% 0.29% 0.04%
IEX C 0.2% 0.03% 0.03%
INCY C 0.25% 0.02% 0.02%
INTC C 0.16% 0.22% 0.16%
INTU B 0.2% 0.28% 0.2%
INVH D 0.1% 0.01% 0.01%
IP A 0.06% 0.09% 0.06%
IQV F 0.13% 0.05% 0.05%
IR B 0.2% 0.08% 0.08%
IRM C 0.06% 0.04% 0.04%
IT C 0.13% 0.02% 0.02%
ITW B 0.17% 0.15% 0.15%
J D 0.39% 0.04% 0.04%
JBHT C 0.08% 0.06% 0.06%
JBL C 0.37% 0.03% 0.03%
JCI B 0.08% 0.4% 0.08%
JNJ C 0.23% 0.36% 0.23%
JPM A 0.12% 1.68% 0.12%
KEY B 0.06% 0.05% 0.05%
KEYS A 0.2% 0.06% 0.06%
KKR A 0.09% 0.31% 0.09%
KLAC F 0.17% 0.18% 0.17%
KMI A 0.25% 0.1% 0.1%
KMX B 0.14% 0.04% 0.04%
KR B 0.73% 0.05% 0.05%
L A 0.49% 0.03% 0.03%
LDOS C 0.13% 0.06% 0.06%
LEN D 0.24% 0.28% 0.24%
LHX C 0.08% 0.02% 0.02%
LIN C 0.04% 0.02% 0.02%
LLY F 0.23% 0.64% 0.23%
LMT D 0.08% 0.05% 0.05%
LNT A 0.08% 0.1% 0.08%
LOW C 0.25% 0.45% 0.25%
LUV C 0.25% 0.01% 0.01%
MA B 0.05% 0.04% 0.04%
MAA B 0.1% 0.01% 0.01%
MAS D 0.19% 0.12% 0.12%
MCHP F 0.13% 0.08% 0.08%
MCO B 0.04% 0.26% 0.04%
MET A 0.21% 0.08% 0.08%
META D 0.46% 3.77% 0.46%
MKTX D 0.04% 0.03% 0.03%
MLM C 0.17% 0.59% 0.17%
MMC B 0.03% 0.16% 0.03%
MMM D 0.17% 0.78% 0.17%
MO A 0.35% 0.39% 0.35%
MPC D 0.48% 0.1% 0.1%
MPWR F 0.21% 0.06% 0.06%
MRK D 0.24% 0.24% 0.24%
MRNA F 0.23% 0.02% 0.02%
MRO B 0.07% 0.03% 0.03%
MS A 0.26% 0.52% 0.26%
MSCI C 0.04% 0.15% 0.04%
MSFT D 0.32% 4.18% 0.32%
MTB A 0.06% 0.09% 0.06%
MTCH D 0.46% 0.02% 0.02%
MTD F 0.14% 0.04% 0.04%
MU D 0.15% 0.25% 0.15%
NDAQ A 0.04% 0.12% 0.04%
NDSN B 0.03% 0.03% 0.03%
NEE C 0.24% 0.94% 0.24%
NEM D 0.24% 0.11% 0.11%
NOC D 0.08% 0.03% 0.03%
NOW A 0.22% 0.3% 0.22%
NRG B 0.32% 0.12% 0.12%
NSC B 0.08% 0.23% 0.08%
NTAP C 0.17% 0.04% 0.04%
NTRS A 0.08% 0.08% 0.08%
NUE C 0.25% 0.01% 0.01%
NVDA B 0.13% 7.42% 0.13%
NVR D 0.3% 0.22% 0.22%
NXPI D 0.23% 0.12% 0.12%
ODFL C 0.08% 0.17% 0.08%
OKE A 0.24% 0.11% 0.11%
ON D 0.22% 0.06% 0.06%
ORCL A 0.34% 0.44% 0.34%
ORLY B 0.14% 0.21% 0.14%
OTIS C 0.08% 0.08% 0.08%
OXY D 0.07% 0.06% 0.06%
PANW B 0.16% 0.18% 0.16%
PAYC B 0.21% 0.03% 0.03%
PAYX B 0.21% 0.11% 0.11%
PCAR B 0.12% 0.11% 0.11%
PCG A 0.07% 0.26% 0.07%
PFE F 0.24% 0.14% 0.14%
PFG D 0.2% 0.04% 0.04%
PGR A 0.19% 0.23% 0.19%
PH A 0.08% 0.17% 0.08%
PHM D 0.25% 0.19% 0.19%
PKG A 0.06% 0.1% 0.06%
PLTR B 0.22% 0.17% 0.17%
PM B 0.35% 0.83% 0.35%
PNC B 0.06% 0.2% 0.06%
PNR A 0.19% 0.04% 0.04%
PPL A 0.08% 0.05% 0.05%
PRU A 0.2% 0.07% 0.07%
PSA C 0.1% 0.07% 0.07%
PSX C 0.5% 0.1% 0.1%
PTC B 0.17% 0.04% 0.04%
PWR A 0.4% 0.37% 0.37%
PYPL B 0.06% 0.01% 0.01%
QCOM F 0.22% 0.39% 0.22%
QRVO F 0.21% 0.01% 0.01%
REGN F 0.23% 0.12% 0.12%
RF A 0.06% 0.07% 0.06%
RJF A 0.25% 0.11% 0.11%
ROK C 0.03% 0.1% 0.03%
ROL B 0.18% 0.06% 0.06%
ROP B 0.03% 0.09% 0.03%
ROST D 0.71% 0.14% 0.14%
RSG A 0.18% 0.2% 0.18%
RTX D 0.08% 0.07% 0.07%
RVTY F 0.1% 0.02% 0.02%
SBAC D 0.06% 0.03% 0.03%
SCHW B 0.25% 0.37% 0.25%
SHW B 0.06% 0.01% 0.01%
SLB C 0.34% 0.09% 0.09%
SMCI F 0.15% 0.02% 0.02%
SNA A 0.25% 0.04% 0.04%
SNPS B 0.34% 0.12% 0.12%
SO C 0.08% 0.59% 0.08%
SPGI C 0.04% 0.52% 0.04%
STLD B 0.27% 0.01% 0.01%
STT B 0.11% 0.05% 0.05%
STX C 0.17% 0.04% 0.04%
SW A 0.07% 0.12% 0.07%
SWK D 0.26% 0.03% 0.03%
SWKS F 0.21% 0.03% 0.03%
SYF B 0.68% 0.18% 0.18%
SYY D 0.73% 0.04% 0.04%
TDG D 0.06% 0.03% 0.03%
TDY B 0.03% 0.05% 0.03%
TECH F 0.15% 0.02% 0.02%
TER F 0.16% 0.03% 0.03%
TFC A 0.05% 0.15% 0.05%
TGT F 0.17% 0.08% 0.08%
TJX A 0.71% 0.38% 0.38%
TMO F 0.14% 0.26% 0.14%
TMUS B 0.33% 4.59% 0.33%
TRGP A 0.24% 0.07% 0.07%
TRMB B 0.03% 0.04% 0.03%
TROW B 0.08% 0.05% 0.05%
TRV B 0.14% 0.09% 0.09%
TSCO D 0.12% 0.09% 0.09%
TSLA B 0.27% 1.32% 0.27%
TT A 0.08% 0.65% 0.08%
TXN C 0.22% 0.41% 0.22%
TXT D 0.16% 0.01% 0.01%
TYL B 0.21% 0.04% 0.04%
UBER F 0.11% 0.5% 0.11%
ULTA F 0.17% 0.05% 0.05%
UNH B 0.25% 0.01% 0.01%
UNP C 0.08% 0.55% 0.08%
UPS C 0.08% 0.03% 0.03%
URI C 0.14% 0.5% 0.14%
USB A 0.05% 0.2% 0.05%
V A 0.04% 0.04% 0.04%
VICI C 0.06% 0.05% 0.05%
VLO C 0.49% 0.08% 0.08%
VLTO C 0.03% 0.11% 0.03%
VMC B 0.17% 0.61% 0.17%
VRSK A 0.04% 0.09% 0.04%
VRSN C 0.27% 0.01% 0.01%
VRTX D 0.23% 0.17% 0.17%
VST A 0.4% 0.17% 0.17%
VTR B 0.11% 0.06% 0.06%
VTRS A 0.24% 0.01% 0.01%
WAB B 0.13% 0.07% 0.07%
WAT C 0.15% 0.03% 0.03%
WBA F 0.63% 0.01% 0.01%
WDC D 0.17% 0.04% 0.04%
WELL A 0.11% 0.18% 0.11%
WFC A 0.13% 0.62% 0.13%
WM B 0.18% 0.37% 0.18%
WMB A 0.24% 0.12% 0.12%
WMT A 0.72% 0.41% 0.41%
WRB A 0.13% 0.03% 0.03%
WST C 0.05% 0.03% 0.03%
WTW B 0.04% 0.05% 0.04%
WY F 0.17% 0.03% 0.03%
XEL A 0.07% 0.23% 0.07%
XOM B 0.75% 0.95% 0.75%
XYL D 0.19% 0.06% 0.06%
ZBRA B 0.13% 0.04% 0.04%
ZTS D 0.25% 0.08% 0.08%
SHUS Overweight 157 Positions Relative to INRO
Symbol Grade Weight
CVS D 0.68%
DPZ C 0.52%
CMCSA B 0.51%
DRI B 0.5%
YUM D 0.5%
EL F 0.49%
MSI B 0.49%
MCD D 0.49%
CMG B 0.49%
SBUX A 0.48%
EA A 0.48%
TTWO A 0.48%
CHTR C 0.46%
CLX A 0.41%
KVUE A 0.41%
KMB C 0.41%
PG C 0.41%
BWA D 0.41%
CHD A 0.41%
CL D 0.4%
APTV F 0.39%
HRL D 0.36%
ADM D 0.36%
BG D 0.36%
TSN B 0.35%
T A 0.33%
NKE F 0.33%
IPG D 0.33%
OMC C 0.33%
HCA F 0.33%
AWK C 0.32%
RL C 0.32%
UHS D 0.32%
NI A 0.32%
TPR B 0.32%
VZ C 0.32%
LULU C 0.3%
DECK A 0.29%
UAL A 0.28%
HUM C 0.26%
AKAM D 0.26%
STZ D 0.25%
MOH F 0.25%
MNST C 0.25%
TAP C 0.25%
CNP A 0.25%
HAS D 0.25%
PEG A 0.25%
CNC D 0.25%
D C 0.24%
ED C 0.24%
KDP F 0.24%
ELV F 0.24%
KO D 0.24%
DTE C 0.24%
LW C 0.22%
NFLX A 0.22%
KHC F 0.21%
CSCO B 0.21%
ANET C 0.21%
MKC C 0.21%
SJM D 0.21%
GIS D 0.21%
CAG F 0.21%
PARA C 0.2%
FFIV B 0.2%
CPB D 0.2%
HSIC C 0.2%
DIS B 0.2%
CAH B 0.19%
TEL B 0.19%
WBD B 0.19%
GL C 0.19%
JNPR D 0.19%
MDLZ F 0.18%
COR B 0.18%
K A 0.18%
MCK A 0.18%
CI D 0.18%
MHK D 0.18%
HSY F 0.17%
PEP F 0.17%
DGX A 0.16%
LH B 0.16%
GPC D 0.15%
LKQ F 0.14%
POOL C 0.13%
BKNG A 0.13%
HLT A 0.12%
SYK B 0.12%
ABNB C 0.12%
MAR A 0.12%
EXPE B 0.12%
STE D 0.12%
ISRG A 0.12%
ZBH C 0.12%
DVA C 0.11%
HST C 0.11%
HOLX D 0.1%
PODD C 0.1%
NWSA A 0.1%
NWS A 0.1%
FOX A 0.1%
UDR B 0.1%
GEHC D 0.1%
ALGN D 0.1%
FOXA A 0.1%
CCL A 0.09%
CHRW B 0.09%
NCLH B 0.09%
CF A 0.09%
BLK B 0.09%
IVZ B 0.09%
LYV A 0.09%
RMD C 0.09%
DXCM C 0.09%
IDXX F 0.09%
AEE A 0.08%
GNRC C 0.08%
WYNN C 0.08%
LVS B 0.08%
MOS F 0.08%
CTVA C 0.08%
FMC D 0.08%
RCL A 0.08%
LYB F 0.07%
PPG F 0.07%
CZR F 0.07%
MGM D 0.07%
DOW F 0.07%
PNW A 0.07%
CE F 0.07%
WEC A 0.07%
SRE A 0.07%
CMS C 0.07%
EW C 0.06%
ABT B 0.06%
MDT D 0.06%
BSX A 0.06%
KIM A 0.06%
REG A 0.06%
FRT B 0.06%
PLD F 0.06%
O C 0.06%
SPG A 0.06%
SOLV D 0.05%
IFF D 0.05%
ECL D 0.05%
BAX F 0.05%
BDX F 0.05%
TFX F 0.05%
EMN C 0.05%
ALB B 0.05%
DD C 0.05%
JKHY D 0.05%
GPN B 0.04%
CPAY A 0.04%
SHUS Underweight 80 Positions Relative to INRO
Symbol Grade Weight
Z A -0.25%
LRCX F -0.21%
COIN C -0.2%
WCN A -0.2%
EME A -0.19%
MRVL B -0.17%
WSO A -0.16%
CSL C -0.15%
LII A -0.14%
VRT B -0.14%
ARES A -0.11%
ACM B -0.11%
OC A -0.11%
LNG A -0.09%
MSTR B -0.08%
APP B -0.08%
WDAY B -0.08%
FBIN D -0.07%
MELI C -0.07%
LPLA A -0.07%
BAH F -0.06%
TEAM A -0.06%
ALNY D -0.05%
BURL B -0.05%
HUBS A -0.05%
WSM C -0.05%
TRU D -0.05%
TPL A -0.05%
HOOD B -0.05%
DDOG A -0.05%
CCK D -0.05%
FCNCA A -0.05%
PINS F -0.05%
TW A -0.05%
ZM C -0.04%
KNX C -0.04%
SNAP D -0.04%
MKL A -0.04%
CG B -0.04%
ZS B -0.03%
MANH D -0.03%
DT D -0.03%
PSTG D -0.03%
GGG B -0.03%
ILMN C -0.03%
ENTG D -0.03%
DKS D -0.03%
SSNC B -0.03%
BSY F -0.02%
BMRN F -0.02%
NBIX C -0.02%
SEIC B -0.02%
TTC C -0.02%
IOT A -0.02%
CNH C -0.02%
AFG A -0.02%
ALLY C -0.02%
AVTR F -0.02%
UHAL D -0.02%
OVV B -0.02%
UTHR C -0.02%
GLPI C -0.02%
DOCU B -0.02%
RS B -0.01%
SUI C -0.01%
ACI C -0.01%
MDB B -0.01%
HEI A -0.01%
RPRX D -0.01%
TWLO A -0.01%
NET B -0.01%
APO B -0.01%
BIO C -0.01%
RIVN F -0.01%
EXAS D -0.01%
SNOW B -0.01%
DINO D -0.01%
CHRD D -0.01%
FNF B -0.0%
HEI A -0.0%
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