SHUS vs. SHE ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to SPDR SSGA Gender Diversity Index ETF (SHE)

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

SHE

SPDR SSGA Gender Diversity Index ETF

SHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Gender Diversity Index, which tracks U.S. companies that are leaders in advancing women through gender diversity on their boards of directors and in management. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$119.89

Average Daily Volume

3,450

Number of Holdings ^*

239

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	SHE
30 Days	2.26%	2.93%
60 Days	3.81%	5.56%
90 Days	5.24%	7.44%
12 Months	15.89%	34.03%

211 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in SHE	Overlap
AAPL	C	0.49%	4.14%	0.49%
ABNB	C	0.12%	0.36%	0.12%
ABT	B	0.06%	0.73%	0.06%
ACN	C	0.13%	4.39%	0.13%
ADM	D	0.36%	0.08%	0.08%
ADSK	A	0.16%	1.25%	0.16%
AEE	A	0.08%	0.08%	0.08%
AEP	D	0.24%	0.16%	0.16%
AIG	B	0.19%	0.19%	0.19%
AIZ	A	0.2%	0.04%	0.04%
AKAM	D	0.26%	0.22%	0.22%
ALB	C	0.05%	0.04%	0.04%
ALL	A	0.19%	0.18%	0.18%
AMCR	D	0.12%	0.06%	0.06%
ANSS	B	0.17%	0.49%	0.17%
APA	D	0.07%	0.02%	0.02%
APTV	D	0.39%	0.11%	0.11%
AVB	B	0.1%	0.11%	0.1%
AWK	D	0.32%	0.12%	0.12%
AXP	A	0.05%	0.65%	0.05%
BA	F	0.16%	0.26%	0.16%
BAC	A	0.12%	1.2%	0.12%
BBWI	D	0.19%	0.04%	0.04%
BBY	D	0.17%	0.09%	0.09%
BIIB	F	0.24%	0.09%	0.09%
BK	A	0.11%	0.21%	0.11%
BKNG	A	0.13%	1.33%	0.13%
BKR	B	0.35%	0.14%	0.14%
BR	A	0.11%	0.1%	0.1%
C	A	0.13%	0.51%	0.13%
CAH	B	0.19%	0.11%	0.11%
CARR	D	0.08%	0.19%	0.08%
CAT	B	0.14%	0.94%	0.14%
CDW	F	0.12%	0.44%	0.12%
CE	F	0.07%	0.03%	0.03%
CHD	B	0.41%	0.08%	0.08%
CHTR	C	0.46%	0.18%	0.18%
CI	F	0.18%	0.32%	0.18%
CL	D	0.4%	0.26%	0.26%
CLX	B	0.41%	0.08%	0.08%
CMG	B	0.49%	0.63%	0.49%
CMI	A	0.08%	0.24%	0.08%
CMS	C	0.07%	0.06%	0.06%
CNC	D	0.25%	0.12%	0.12%
CNP	B	0.25%	0.08%	0.08%
COF	B	0.69%	0.24%	0.24%
COR	B	0.18%	0.15%	0.15%
COST	B	0.7%	1.13%	0.7%
CPB	D	0.2%	0.03%	0.03%
CRL	C	0.14%	0.04%	0.04%
CSCO	B	0.21%	4.03%	0.21%
CSGP	D	0.04%	0.14%	0.04%
CVS	D	0.68%	0.25%	0.25%
CVX	A	0.75%	0.98%	0.75%
D	C	0.24%	0.23%	0.23%
DAL	C	0.27%	0.04%	0.04%
DAY	B	0.22%	0.04%	0.04%
DD	D	0.05%	0.1%	0.05%
DE	A	0.13%	0.32%	0.13%
DECK	A	0.29%	0.14%	0.14%
DG	F	0.17%	0.07%	0.07%
DHI	D	0.23%	0.22%	0.22%
DLR	B	0.26%	0.22%	0.22%
DOW	F	0.07%	0.11%	0.07%
DTE	C	0.24%	0.11%	0.11%
DUK	C	0.07%	0.27%	0.07%
EA	A	0.48%	0.12%	0.12%
EBAY	D	0.22%	0.14%	0.14%
ECL	D	0.05%	0.2%	0.05%
ED	D	0.24%	0.13%	0.13%
EIX	B	0.24%	0.13%	0.13%
EL	F	0.49%	0.06%	0.06%
EMR	A	0.03%	0.25%	0.03%
EOG	A	0.07%	0.21%	0.07%
EQIX	A	0.26%	0.25%	0.25%
EQR	B	0.1%	0.09%	0.09%
EQT	B	0.18%	0.07%	0.07%
ETN	A	0.26%	0.51%	0.26%
ETR	B	0.25%	0.11%	0.11%
EXC	C	0.29%	0.13%	0.13%
EXR	D	0.11%	0.12%	0.11%
FANG	D	0.07%	0.11%	0.07%
FDS	B	0.04%	0.07%	0.04%
FDX	B	0.07%	0.22%	0.07%
FIS	C	0.05%	0.17%	0.05%
FITB	A	0.05%	0.12%	0.05%
FTNT	C	0.17%	1.08%	0.17%
FTV	C	0.03%	0.1%	0.03%
GDDY	A	0.26%	0.47%	0.26%
GE	D	0.17%	0.58%	0.17%
GILD	C	0.24%	0.42%	0.24%
GIS	D	0.21%	0.13%	0.13%
GPN	B	0.04%	0.1%	0.04%
GWW	B	0.13%	0.17%	0.13%
HIG	B	0.14%	0.15%	0.14%
HLT	A	0.12%	0.53%	0.12%
HON	B	0.16%	0.52%	0.16%
HRL	D	0.36%	0.04%	0.04%
HST	C	0.11%	0.06%	0.06%
HSY	F	0.17%	0.1%	0.1%
HUBB	B	0.26%	0.09%	0.09%
IDXX	F	0.09%	0.14%	0.09%
IFF	D	0.05%	0.07%	0.05%
INCY	C	0.25%	0.05%	0.05%
INTC	D	0.16%	1.87%	0.16%
INTU	C	0.2%	3.56%	0.2%
INVH	D	0.1%	0.09%	0.09%
IPG	D	0.33%	0.05%	0.05%
IRM	D	0.06%	0.13%	0.06%
ITW	B	0.17%	0.29%	0.17%
J	F	0.39%	0.07%	0.07%
JCI	C	0.08%	0.24%	0.08%
JNJ	D	0.23%	1.41%	0.23%
JPM	A	0.12%	2.69%	0.12%
KEY	B	0.06%	0.07%	0.06%
KIM	A	0.06%	0.07%	0.06%
KMX	B	0.14%	0.07%	0.07%
KO	D	0.24%	0.99%	0.24%
KR	B	0.73%	0.15%	0.15%
LDOS	C	0.13%	0.1%	0.1%
LH	C	0.16%	0.07%	0.07%
LIN	D	0.04%	0.89%	0.04%
LLY	F	0.23%	2.32%	0.23%
LOW	D	0.25%	0.96%	0.25%
LULU	C	0.3%	0.33%	0.3%
LUV	C	0.25%	0.02%	0.02%
LVS	C	0.08%	0.09%	0.08%
LYB	F	0.07%	0.07%	0.07%
MAA	B	0.1%	0.07%	0.07%
MAR	B	0.12%	0.65%	0.12%
MCK	B	0.18%	0.31%	0.18%
MCO	B	0.04%	0.33%	0.04%
MDT	D	0.06%	0.41%	0.06%
META	D	0.46%	4.59%	0.46%
MGM	D	0.07%	0.06%	0.06%
MMC	B	0.03%	0.43%	0.03%
MMM	D	0.17%	0.25%	0.17%
MRK	F	0.24%	0.89%	0.24%
MSFT	F	0.32%	4.17%	0.32%
MTB	A	0.06%	0.14%	0.06%
NEM	D	0.24%	0.2%	0.2%
NFLX	A	0.22%	1.78%	0.22%
NKE	D	0.33%	0.42%	0.33%
NOC	D	0.08%	0.31%	0.08%
NSC	B	0.08%	0.18%	0.08%
NTRS	A	0.08%	0.08%	0.08%
NVDA	C	0.13%	4.79%	0.13%
NWSA	B	0.1%	0.03%	0.03%
O	D	0.06%	0.16%	0.06%
OMC	C	0.33%	0.07%	0.07%
OXY	D	0.07%	0.14%	0.07%
PARA	C	0.2%	0.04%	0.04%
PEG	A	0.25%	0.17%	0.17%
PFG	D	0.2%	0.08%	0.08%
PG	A	0.41%	1.5%	0.41%
PGR	A	0.19%	0.67%	0.19%
PNC	B	0.06%	0.32%	0.06%
PNR	A	0.19%	0.07%	0.07%
PPL	B	0.08%	0.09%	0.08%
PRU	A	0.2%	0.19%	0.19%
PSA	D	0.1%	0.19%	0.1%
PSX	C	0.5%	0.15%	0.15%
RCL	A	0.08%	0.31%	0.08%
RF	A	0.06%	0.09%	0.06%
ROK	B	0.03%	0.11%	0.03%
ROST	C	0.71%	0.41%	0.41%
RTX	C	0.08%	0.5%	0.08%
SBUX	A	0.48%	0.94%	0.48%
SCHW	B	0.25%	0.47%	0.25%
SJM	D	0.21%	0.05%	0.05%
SPG	B	0.06%	0.22%	0.06%
SPGI	C	0.04%	0.58%	0.04%
STZ	D	0.25%	0.12%	0.12%
SW	A	0.07%	0.08%	0.07%
SWK	D	0.26%	0.05%	0.05%
SYF	B	0.68%	0.09%	0.09%
T	A	0.33%	0.63%	0.33%
TFC	A	0.05%	0.24%	0.05%
TFX	F	0.05%	0.03%	0.03%
TGT	F	0.17%	0.27%	0.17%
TJX	A	0.71%	1.21%	0.71%
TMUS	B	0.33%	0.52%	0.33%
TROW	B	0.08%	0.09%	0.08%
TSCO	D	0.12%	0.26%	0.12%
TSN	B	0.35%	0.05%	0.05%
TT	A	0.08%	0.34%	0.08%
TTWO	A	0.48%	0.09%	0.09%
TXT	D	0.16%	0.05%	0.05%
TYL	B	0.21%	0.44%	0.21%
UBER	D	0.11%	0.57%	0.11%
ULTA	F	0.17%	0.16%	0.16%
UNH	C	0.25%	1.75%	0.25%
V	A	0.04%	1.62%	0.04%
VICI	C	0.06%	0.14%	0.06%
VLTO	D	0.03%	0.12%	0.03%
VRTX	F	0.23%	0.45%	0.23%
VST	B	0.4%	0.2%	0.2%
VTR	C	0.11%	0.12%	0.11%
VZ	C	0.32%	0.77%	0.32%
WAB	B	0.13%	0.11%	0.11%
WBA	F	0.63%	0.03%	0.03%
WBD	C	0.19%	0.11%	0.11%
WEC	A	0.07%	0.11%	0.07%
WFC	A	0.13%	0.97%	0.13%
WTW	B	0.04%	0.13%	0.04%
WY	D	0.17%	0.07%	0.07%
WYNN	D	0.08%	0.04%	0.04%
XEL	A	0.07%	0.12%	0.07%
XOM	B	0.75%	1.46%	0.75%
XYL	D	0.19%	0.11%	0.11%
ZTS	D	0.25%	0.31%	0.25%

SHUS Overweight 289 Positions Relative to SHE

Symbol	Grade	Weight
SYY	B	0.73%
WMT	A	0.72%
DFS	B	0.68%
DPZ	C	0.52%
CMCSA	B	0.51%
DRI	B	0.5%
YUM	B	0.5%
L	A	0.49%
VLO	C	0.49%
MSI	B	0.49%
MCD	D	0.49%
BRK.A	B	0.49%
MPC	D	0.48%
MTCH	D	0.46%
KVUE	A	0.41%
KMB	D	0.41%
BWA	D	0.41%
PWR	A	0.4%
CEG	D	0.38%
JBL	B	0.37%
BG	F	0.36%
PM	B	0.35%
MO	A	0.35%
CRM	B	0.35%
ORCL	B	0.34%
SLB	C	0.34%
SNPS	B	0.34%
HPQ	B	0.34%
HCA	F	0.33%
CDNS	B	0.33%
IBM	C	0.33%
HAL	C	0.33%
RL	B	0.32%
UHS	D	0.32%
ATO	A	0.32%
NI	A	0.32%
TPR	B	0.32%
GRMN	B	0.32%
NRG	B	0.32%
AES	F	0.31%
NVR	D	0.3%
FCX	D	0.29%
UAL	A	0.28%
VRSN	F	0.27%
STLD	B	0.27%
TSLA	B	0.27%
MS	A	0.26%
HUM	C	0.26%
PHM	D	0.25%
MOH	F	0.25%
KMI	A	0.25%
MNST	C	0.25%
TAP	C	0.25%
SNA	A	0.25%
BMY	B	0.25%
RJF	A	0.25%
ENPH	F	0.25%
NUE	C	0.25%
HAS	D	0.25%
HD	A	0.25%
GS	A	0.25%
TRGP	B	0.24%
OKE	A	0.24%
FE	C	0.24%
VTRS	A	0.24%
KDP	D	0.24%
PFE	D	0.24%
ABBV	D	0.24%
NEE	D	0.24%
WMB	A	0.24%
GM	B	0.24%
LEN	D	0.24%
ELV	F	0.24%
F	C	0.24%
CTLT	B	0.24%
REGN	F	0.23%
NXPI	D	0.23%
MRNA	F	0.23%
AMGN	D	0.23%
LW	C	0.22%
NOW	A	0.22%
QCOM	F	0.22%
AVGO	D	0.22%
PLTR	B	0.22%
ADI	D	0.22%
CPRT	A	0.22%
GOOGL	C	0.22%
TXN	C	0.22%
ON	D	0.22%
GOOG	C	0.22%
KHC	F	0.21%
ANET	C	0.21%
AOS	F	0.21%
MKC	D	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
MET	A	0.21%
CAG	D	0.21%
ADP	B	0.21%
PAYX	C	0.21%
PAYC	B	0.21%
MPWR	F	0.21%
AMZN	C	0.21%
IR	B	0.2%
IEX	B	0.2%
AFL	B	0.2%
FFIV	B	0.2%
ERIE	D	0.2%
HSIC	B	0.2%
FSLR	F	0.2%
KEYS	A	0.2%
DIS	B	0.2%
TEL	B	0.19%
MAS	D	0.19%
HPE	B	0.19%
GLW	B	0.19%
BLDR	D	0.19%
GL	B	0.19%
JNPR	F	0.19%
RSG	A	0.18%
CRWD	B	0.18%
GEV	B	0.18%
WM	A	0.18%
MDLZ	F	0.18%
ROL	B	0.18%
K	A	0.18%
MHK	D	0.18%
APH	A	0.18%
MLM	B	0.17%
NTAP	C	0.17%
DOV	A	0.17%
GEN	B	0.17%
CTRA	B	0.17%
DLTR	F	0.17%
PTC	A	0.17%
DELL	C	0.17%
KLAC	D	0.17%
VMC	B	0.17%
STX	D	0.17%
WDC	D	0.17%
PEP	F	0.17%
AMAT	F	0.17%
CTAS	B	0.17%
PANW	C	0.16%
GD	F	0.16%
DVN	F	0.16%
DGX	A	0.16%
TER	D	0.16%
TECH	D	0.15%
AZO	C	0.15%
GPC	D	0.15%
A	D	0.15%
WAT	B	0.15%
SMCI	F	0.15%
MU	D	0.15%
ADBE	C	0.15%
MTD	D	0.14%
CINF	A	0.14%
URI	B	0.14%
TRV	B	0.14%
CB	C	0.14%
AMD	F	0.14%
ACGL	D	0.14%
EG	C	0.14%
ORLY	B	0.14%
LKQ	D	0.14%
TMO	F	0.14%
IT	C	0.13%
EPAM	C	0.13%
POOL	C	0.13%
CTSH	B	0.13%
ZBRA	B	0.13%
MCHP	D	0.13%
WRB	A	0.13%
IQV	D	0.13%
SYK	C	0.12%
EXPE	B	0.12%
STE	F	0.12%
ISRG	A	0.12%
BALL	D	0.12%
ZBH	C	0.12%
FAST	B	0.12%
PCAR	B	0.12%
AME	A	0.12%
DVA	B	0.11%
WELL	A	0.11%
DOC	D	0.11%
BXP	D	0.11%
STT	A	0.11%
HOLX	D	0.1%
PODD	C	0.1%
DHR	F	0.1%
NWS	B	0.1%
RVTY	F	0.1%
ESS	B	0.1%
FOX	A	0.1%
UDR	B	0.1%
GEHC	F	0.1%
ALGN	D	0.1%
FOXA	B	0.1%
ARE	D	0.1%
CPT	B	0.1%
AXON	A	0.09%
EXPD	D	0.09%
KKR	A	0.09%
CCL	B	0.09%
AMP	A	0.09%
CHRW	C	0.09%
NCLH	B	0.09%
CF	B	0.09%
BLK	C	0.09%
IVZ	B	0.09%
LYV	A	0.09%
RMD	C	0.09%
DXCM	D	0.09%
SO	D	0.08%
EVRG	A	0.08%
LNT	A	0.08%
PH	A	0.08%
GNRC	B	0.08%
UNP	C	0.08%
OTIS	C	0.08%
LMT	D	0.08%
HII	D	0.08%
BX	A	0.08%
ODFL	B	0.08%
MOS	F	0.08%
JBHT	C	0.08%
CSX	B	0.08%
CTVA	C	0.08%
LHX	C	0.08%
FMC	D	0.08%
BEN	C	0.08%
UPS	C	0.08%
PPG	F	0.07%
CZR	F	0.07%
COP	C	0.07%
MRO	B	0.07%
HES	B	0.07%
PNW	B	0.07%
ALLE	D	0.07%
ES	D	0.07%
PCG	A	0.07%
SRE	A	0.07%
HWM	A	0.07%
FI	A	0.06%
EW	C	0.06%
PYPL	B	0.06%
AMT	D	0.06%
BSX	B	0.06%
IP	B	0.06%
REG	B	0.06%
AVY	D	0.06%
FRT	B	0.06%
PLD	D	0.06%
SBAC	D	0.06%
CCI	D	0.06%
PKG	A	0.06%
TDG	D	0.06%
SHW	A	0.06%
MA	C	0.05%
APD	A	0.05%
SOLV	C	0.05%
BAX	D	0.05%
WST	C	0.05%
BDX	F	0.05%
EMN	D	0.05%
JKHY	D	0.05%
HBAN	A	0.05%
USB	A	0.05%
CFG	B	0.05%
EFX	F	0.04%
AON	A	0.04%
CBRE	B	0.04%
CBOE	B	0.04%
VRSK	A	0.04%
ICE	C	0.04%
NDAQ	A	0.04%
CPAY	A	0.04%
MKTX	D	0.04%
CME	A	0.04%
MSCI	C	0.04%
FICO	B	0.03%
NDSN	B	0.03%
TRMB	B	0.03%
TDY	B	0.03%
ROP	B	0.03%
AJG	B	0.03%
BRO	B	0.03%

SHUS Underweight 28 Positions Relative to SHE

Symbol	Grade	Weight
HUBS	A	-0.58%
FLUT	A	-0.31%
TWLO	A	-0.28%
WCN	A	-0.21%
LNG	B	-0.17%
SQ	B	-0.17%
BURL	A	-0.15%
WSM	B	-0.14%
TTD	B	-0.13%
ALNY	D	-0.12%
ILMN	D	-0.08%
DKS	C	-0.08%
LPLA	A	-0.08%
SSNC	B	-0.07%
UTHR	C	-0.06%
OC	A	-0.06%
TRU	D	-0.06%
PINS	D	-0.06%
FBIN	D	-0.05%
RPM	A	-0.05%
SNAP	C	-0.05%
ACM	A	-0.05%
Z	A	-0.04%
RIVN	F	-0.04%
OVV	B	-0.04%
AMH	D	-0.04%
NBIX	C	-0.04%
ACI	C	-0.02%