SHUS vs. JAVA ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to JPMorgan Active Value ETF (JAVA)

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

JAVA

JPMorgan Active Value ETF

JAVA Description

JPMorgan Active Value ETF is a transparent and actively managed fund that falls within the J.P. Morgan Global Equities platform. The fund invests primarily in large-cap equities using a bottom-up approach to select stocks that have an attractive value base and the potential for capital appreciation.

Grade (RS Rating)

Last Trade

$68.51

Average Daily Volume

349,002

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	JAVA
30 Days	2.26%	6.53%
60 Days	3.81%	7.74%
90 Days	5.24%	9.55%
12 Months	15.89%	31.85%

135 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in JAVA	Overlap
ABBV	D	0.24%	1.55%	0.24%
ADBE	C	0.15%	0.14%	0.14%
ADI	D	0.22%	0.78%	0.22%
AES	F	0.31%	0.31%	0.31%
AMD	F	0.14%	0.3%	0.14%
AMZN	C	0.21%	0.6%	0.21%
APD	A	0.05%	0.97%	0.05%
AVB	B	0.1%	0.16%	0.1%
AXP	A	0.05%	0.68%	0.05%
AZO	C	0.15%	0.45%	0.15%
BA	D	0.16%	0.22%	0.16%
BAC	A	0.12%	2.53%	0.12%
BALL	D	0.12%	0.17%	0.12%
BDX	F	0.05%	0.3%	0.05%
BIIB	F	0.24%	0.26%	0.24%
BKNG	B	0.13%	0.34%	0.13%
BLK	C	0.09%	0.54%	0.09%
BMY	B	0.25%	1.65%	0.25%
BRK.A	B	0.49%	1.95%	0.49%
BSX	C	0.06%	0.47%	0.06%
BX	B	0.08%	0.59%	0.08%
C	A	0.13%	0.78%	0.13%
CAH	B	0.19%	0.71%	0.19%
CARR	C	0.08%	1.67%	0.08%
CB	D	0.14%	0.53%	0.14%
CCL	B	0.09%	0.6%	0.09%
CI	D	0.18%	0.59%	0.18%
CMCSA	C	0.51%	0.62%	0.51%
CMS	C	0.07%	0.45%	0.07%
COF	B	0.69%	0.47%	0.47%
COP	D	0.07%	1.08%	0.07%
CPAY	A	0.04%	0.76%	0.04%
CRM	B	0.35%	0.58%	0.35%
CSX	B	0.08%	1.45%	0.08%
CTSH	B	0.13%	0.82%	0.13%
CVS	D	0.68%	0.72%	0.68%
CVX	B	0.75%	1.61%	0.75%
D	C	0.24%	0.3%	0.24%
DAL	B	0.27%	0.31%	0.27%
DE	B	0.13%	0.44%	0.13%
DELL	C	0.17%	0.3%	0.17%
DFS	B	0.68%	0.28%	0.28%
DIS	B	0.2%	0.79%	0.2%
DLR	A	0.26%	0.74%	0.26%
DOV	A	0.17%	0.74%	0.17%
EMR	A	0.03%	0.51%	0.03%
EOG	C	0.07%	0.69%	0.07%
EQIX	A	0.26%	0.66%	0.26%
EQT	B	0.18%	0.42%	0.18%
ETN	A	0.26%	0.8%	0.26%
ETR	B	0.25%	0.19%	0.19%
FCX	F	0.29%	0.38%	0.29%
FDX	B	0.07%	0.51%	0.07%
FI	A	0.06%	1.35%	0.06%
FITB	B	0.05%	0.67%	0.05%
FSLR	F	0.2%	0.19%	0.19%
GD	F	0.16%	0.67%	0.16%
GEV	C	0.18%	0.2%	0.18%
GLW	B	0.19%	0.21%	0.19%
GOOG	C	0.22%	0.61%	0.22%
GS	B	0.25%	0.76%	0.25%
HD	A	0.25%	0.7%	0.25%
HES	C	0.07%	0.26%	0.07%
HIG	B	0.14%	0.39%	0.14%
HON	B	0.16%	0.38%	0.16%
HPE	B	0.19%	0.9%	0.19%
HST	C	0.11%	0.2%	0.11%
HUM	C	0.26%	0.39%	0.26%
IBM	C	0.33%	0.27%	0.27%
INTC	C	0.16%	0.15%	0.15%
IP	B	0.06%	0.26%	0.06%
JNJ	D	0.23%	0.6%	0.23%
LH	B	0.16%	0.35%	0.16%
LLY	F	0.23%	0.21%	0.21%
LOW	C	0.25%	0.82%	0.25%
LUV	B	0.25%	0.43%	0.25%
LW	C	0.22%	0.22%	0.22%
LYV	A	0.09%	0.4%	0.09%
MCD	D	0.49%	1.28%	0.49%
MCHP	F	0.13%	0.26%	0.13%
MCK	C	0.18%	0.67%	0.18%
MDLZ	F	0.18%	0.35%	0.18%
MDT	D	0.06%	0.36%	0.06%
MET	A	0.21%	0.78%	0.21%
META	D	0.46%	0.35%	0.35%
MHK	D	0.18%	0.52%	0.18%
MMC	A	0.03%	0.28%	0.03%
MRK	F	0.24%	0.24%	0.24%
MS	B	0.26%	0.95%	0.26%
MSFT	D	0.32%	0.66%	0.32%
MTB	B	0.06%	0.6%	0.06%
MU	D	0.15%	1.09%	0.15%
NEE	D	0.24%	0.82%	0.24%
NI	A	0.32%	0.28%	0.28%
NOC	D	0.08%	0.31%	0.08%
NXPI	D	0.23%	0.5%	0.23%
ORCL	C	0.34%	0.15%	0.15%
ORLY	B	0.14%	0.34%	0.14%
PEG	A	0.25%	0.55%	0.25%
PEP	F	0.17%	0.33%	0.17%
PFE	D	0.24%	0.08%	0.08%
PG	A	0.41%	0.58%	0.41%
PH	A	0.08%	0.51%	0.08%
PLD	D	0.06%	0.13%	0.06%
PM	B	0.35%	1.79%	0.35%
PNC	A	0.06%	0.55%	0.06%
REGN	F	0.23%	0.72%	0.23%
RJF	A	0.25%	0.24%	0.24%
ROST	C	0.71%	0.36%	0.36%
RSG	A	0.18%	0.26%	0.18%
RTX	D	0.08%	0.59%	0.08%
SBAC	D	0.06%	0.23%	0.06%
SCHW	A	0.25%	0.99%	0.25%
STX	D	0.17%	0.37%	0.17%
TFC	B	0.05%	0.61%	0.05%
TJX	A	0.71%	0.69%	0.69%
TMO	F	0.14%	0.46%	0.14%
TMUS	A	0.33%	0.21%	0.21%
TT	B	0.08%	0.27%	0.08%
TXN	D	0.22%	0.75%	0.22%
TXT	D	0.16%	0.38%	0.16%
UBER	D	0.11%	0.14%	0.11%
UHS	D	0.32%	0.2%	0.2%
UNH	B	0.25%	2.32%	0.25%
UNP	C	0.08%	0.48%	0.08%
UPS	C	0.08%	0.68%	0.08%
VMC	B	0.17%	0.63%	0.17%
VRTX	D	0.23%	0.53%	0.23%
VTR	D	0.11%	0.32%	0.11%
VZ	B	0.32%	0.71%	0.32%
WDC	C	0.17%	1.27%	0.17%
WFC	A	0.13%	3.01%	0.13%
WMT	B	0.72%	1.14%	0.72%
XEL	A	0.07%	0.33%	0.07%
XOM	C	0.75%	1.86%	0.75%

SHUS Overweight 365 Positions Relative to JAVA

Symbol	Grade	Weight
KR	A	0.73%
SYY	C	0.73%
COST	B	0.7%
SYF	A	0.68%
WBA	D	0.63%
DPZ	C	0.52%
PSX	C	0.5%
DRI	B	0.5%
YUM	B	0.5%
L	B	0.49%
EL	F	0.49%
VLO	C	0.49%
MSI	C	0.49%
AAPL	B	0.49%
CMG	B	0.49%
SBUX	B	0.48%
EA	C	0.48%
MPC	F	0.48%
TTWO	B	0.48%
MTCH	F	0.46%
CHTR	C	0.46%
CLX	C	0.41%
KVUE	A	0.41%
KMB	C	0.41%
BWA	C	0.41%
CHD	B	0.41%
VST	B	0.4%
PWR	A	0.4%
CL	D	0.4%
APTV	F	0.39%
J	F	0.39%
CEG	D	0.38%
JBL	C	0.37%
HRL	D	0.36%
ADM	F	0.36%
BG	F	0.36%
BKR	C	0.35%
MO	A	0.35%
TSN	B	0.35%
SLB	C	0.34%
SNPS	B	0.34%
HPQ	B	0.34%
T	A	0.33%
NKE	F	0.33%
IPG	C	0.33%
OMC	C	0.33%
HCA	F	0.33%
CDNS	B	0.33%
HAL	C	0.33%
AWK	D	0.32%
RL	B	0.32%
ATO	A	0.32%
TPR	A	0.32%
GRMN	A	0.32%
NRG	C	0.32%
NVR	D	0.3%
LULU	C	0.3%
EXC	D	0.29%
DECK	A	0.29%
UAL	B	0.28%
VRSN	F	0.27%
STLD	B	0.27%
TSLA	B	0.27%
HUBB	B	0.26%
SWK	D	0.26%
GDDY	B	0.26%
AKAM	F	0.26%
ZTS	D	0.25%
STZ	D	0.25%
PHM	C	0.25%
MOH	F	0.25%
KMI	B	0.25%
MNST	B	0.25%
TAP	C	0.25%
SNA	A	0.25%
INCY	C	0.25%
CNP	A	0.25%
ENPH	F	0.25%
NUE	D	0.25%
HAS	D	0.25%
CNC	F	0.25%
AEP	D	0.24%
TRGP	B	0.24%
OKE	C	0.24%
FE	D	0.24%
VTRS	B	0.24%
ED	D	0.24%
KDP	D	0.24%
WMB	B	0.24%
NEM	F	0.24%
GM	B	0.24%
LEN	C	0.24%
ELV	F	0.24%
KO	D	0.24%
F	C	0.24%
DTE	C	0.24%
GILD	B	0.24%
CTLT	B	0.24%
EIX	A	0.24%
MRNA	F	0.23%
AMGN	D	0.23%
DHI	D	0.23%
EBAY	C	0.22%
DAY	A	0.22%
NOW	B	0.22%
QCOM	F	0.22%
NFLX	B	0.22%
AVGO	D	0.22%
PLTR	B	0.22%
CPRT	A	0.22%
GOOGL	C	0.22%
ON	C	0.22%
KHC	D	0.21%
CSCO	A	0.21%
ANET	C	0.21%
AOS	D	0.21%
MKC	D	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
SJM	D	0.21%
GIS	D	0.21%
CAG	D	0.21%
ADP	B	0.21%
PAYX	B	0.21%
PAYC	A	0.21%
TYL	A	0.21%
MPWR	F	0.21%
IR	A	0.2%
IEX	B	0.2%
AFL	B	0.2%
PARA	C	0.2%
FFIV	A	0.2%
CPB	D	0.2%
ERIE	D	0.2%
AIZ	B	0.2%
INTU	C	0.2%
HSIC	B	0.2%
PRU	A	0.2%
KEYS	B	0.2%
PFG	C	0.2%
TEL	B	0.19%
XYL	D	0.19%
MAS	C	0.19%
PGR	A	0.19%
WBD	C	0.19%
BBWI	C	0.19%
PNR	B	0.19%
ALL	B	0.19%
BLDR	C	0.19%
GL	C	0.19%
AIG	B	0.19%
JNPR	F	0.19%
CRWD	B	0.18%
WM	A	0.18%
ROL	B	0.18%
COR	C	0.18%
K	A	0.18%
APH	B	0.18%
TGT	F	0.17%
MMM	D	0.17%
ANSS	B	0.17%
DG	F	0.17%
GE	D	0.17%
FTNT	C	0.17%
MLM	B	0.17%
NTAP	C	0.17%
GEN	A	0.17%
ITW	A	0.17%
WY	D	0.17%
BBY	D	0.17%
CTRA	B	0.17%
DLTR	D	0.17%
PTC	A	0.17%
KLAC	F	0.17%
HSY	F	0.17%
AMAT	F	0.17%
ULTA	F	0.17%
CTAS	B	0.17%
PANW	C	0.16%
DVN	F	0.16%
DGX	B	0.16%
ADSK	B	0.16%
TER	F	0.16%
TECH	C	0.15%
GPC	D	0.15%
A	D	0.15%
WAT	B	0.15%
SMCI	D	0.15%
MTD	F	0.14%
CRL	C	0.14%
CINF	A	0.14%
URI	B	0.14%
TRV	B	0.14%
CAT	B	0.14%
ACGL	D	0.14%
EG	C	0.14%
KMX	B	0.14%
LKQ	D	0.14%
IT	C	0.13%
EPAM	C	0.13%
POOL	C	0.13%
GWW	A	0.13%
WAB	B	0.13%
ACN	B	0.13%
ZBRA	A	0.13%
NVDA	C	0.13%
LDOS	D	0.13%
WRB	A	0.13%
IQV	F	0.13%
HLT	A	0.12%
SYK	C	0.12%
ABNB	C	0.12%
MAR	A	0.12%
EXPE	B	0.12%
STE	F	0.12%
ISRG	C	0.12%
CDW	F	0.12%
JPM	B	0.12%
ZBH	C	0.12%
FAST	B	0.12%
TSCO	C	0.12%
PCAR	B	0.12%
AMCR	D	0.12%
AME	A	0.12%
DVA	B	0.11%
WELL	C	0.11%
EXR	C	0.11%
DOC	C	0.11%
BR	A	0.11%
BXP	D	0.11%
BK	A	0.11%
STT	A	0.11%
HOLX	D	0.1%
PODD	B	0.1%
NWSA	B	0.1%
DHR	D	0.1%
NWS	B	0.1%
RVTY	D	0.1%
ESS	B	0.1%
INVH	D	0.1%
EQR	B	0.1%
FOX	B	0.1%
UDR	B	0.1%
GEHC	F	0.1%
ALGN	D	0.1%
MAA	B	0.1%
FOXA	C	0.1%
PSA	C	0.1%
ARE	D	0.1%
CPT	B	0.1%
AXON	B	0.09%
EXPD	C	0.09%
KKR	B	0.09%
AMP	B	0.09%
CHRW	C	0.09%
NCLH	B	0.09%
CF	B	0.09%
IVZ	B	0.09%
RMD	C	0.09%
DXCM	C	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%
JCI	C	0.08%
GNRC	B	0.08%
WYNN	D	0.08%
NSC	A	0.08%
OTIS	C	0.08%
CMI	A	0.08%
LMT	D	0.08%
HII	F	0.08%
ODFL	B	0.08%
NTRS	A	0.08%
LVS	C	0.08%
MOS	F	0.08%
JBHT	C	0.08%
CTVA	B	0.08%
LHX	C	0.08%
FMC	D	0.08%
BEN	C	0.08%
TROW	A	0.08%
RCL	B	0.08%
LYB	F	0.07%
SW	B	0.07%
FANG	F	0.07%
OXY	F	0.07%
PPG	D	0.07%
CZR	D	0.07%
MGM	F	0.07%
MRO	B	0.07%
APA	F	0.07%
DOW	F	0.07%
PNW	B	0.07%
CE	F	0.07%
ALLE	D	0.07%
DUK	C	0.07%
WEC	A	0.07%
ES	D	0.07%
PCG	B	0.07%
SRE	A	0.07%
HWM	B	0.07%
KEY	A	0.06%
RF	B	0.06%
EW	C	0.06%
ABT	B	0.06%
PYPL	A	0.06%
AMT	D	0.06%
KIM	A	0.06%
REG	B	0.06%
AVY	D	0.06%
FRT	A	0.06%
VICI	C	0.06%
CCI	D	0.06%
PKG	B	0.06%
O	D	0.06%
SPG	C	0.06%
IRM	C	0.06%
TDG	D	0.06%
SHW	A	0.06%
MA	B	0.05%
SOLV	C	0.05%
IFF	D	0.05%
ECL	D	0.05%
BAX	F	0.05%
WST	C	0.05%
TFX	F	0.05%
EMN	D	0.05%
ALB	C	0.05%
DD	D	0.05%
FIS	D	0.05%
JKHY	D	0.05%
HBAN	B	0.05%
USB	A	0.05%
CFG	B	0.05%
EFX	D	0.04%
WTW	B	0.04%
MCO	A	0.04%
AON	A	0.04%
CBRE	B	0.04%
CSGP	C	0.04%
GPN	C	0.04%
SPGI	C	0.04%
CBOE	B	0.04%
VRSK	A	0.04%
ICE	D	0.04%
FDS	B	0.04%
V	A	0.04%
NDAQ	A	0.04%
MKTX	D	0.04%
CME	A	0.04%
LIN	D	0.04%
MSCI	C	0.04%
ROK	B	0.03%
FICO	B	0.03%
VLTO	C	0.03%
NDSN	B	0.03%
FTV	B	0.03%
TRMB	B	0.03%
TDY	B	0.03%
ROP	B	0.03%
AJG	A	0.03%
BRO	B	0.03%

SHUS Underweight 34 Positions Relative to JAVA

Symbol	Grade	Weight
FCNCA	B	-1.35%
SQ	B	-1.22%
PFGC	A	-0.98%
AXTA	A	-0.65%
RRX	A	-0.48%
BJ	B	-0.46%
ARES	B	-0.44%
AFRM	B	-0.38%
PINS	F	-0.38%
OC	B	-0.36%
GPK	C	-0.32%
SLGN	A	-0.31%
AA	A	-0.3%
OSCR	F	-0.28%
WCC	B	-0.28%
G	B	-0.27%
AAL	B	-0.26%
CC	C	-0.25%
Z	B	-0.23%
ELAN	F	-0.23%
ELS	C	-0.23%
GNTX	C	-0.22%
SNX	C	-0.21%
NVT	B	-0.21%
BMRN	F	-0.21%
KTB	A	-0.2%
MIDD	B	-0.2%
LPLA	B	-0.17%
JEF	A	-0.16%
SEE	C	-0.14%
BC	C	-0.1%
OUT	A	-0.09%
SPR	D	-0.03%
MTG	B	-0.0%