SHUS vs. SPYV ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.67

Average Daily Volume

2,147,969

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	SPYV
30 Days	2.26%	2.77%
60 Days	3.81%	4.01%
90 Days	5.24%	6.06%
12 Months	15.89%	26.94%

433 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in SPYV	Overlap
A	D	0.15%	0.18%	0.15%
ABBV	D	0.24%	0.88%	0.24%
ABNB	C	0.12%	0.14%	0.12%
ABT	B	0.06%	0.94%	0.06%
ACN	C	0.13%	0.49%	0.13%
ADI	D	0.22%	0.2%	0.2%
ADM	D	0.36%	0.12%	0.12%
ADP	B	0.21%	0.35%	0.21%
ADSK	A	0.16%	0.15%	0.15%
AEE	A	0.08%	0.11%	0.08%
AEP	D	0.24%	0.23%	0.23%
AES	F	0.31%	0.05%	0.05%
AFL	B	0.2%	0.26%	0.2%
AIG	B	0.19%	0.23%	0.19%
AIZ	A	0.2%	0.05%	0.05%
AJG	B	0.03%	0.15%	0.03%
AKAM	D	0.26%	0.03%	0.03%
ALB	C	0.05%	0.06%	0.05%
ALGN	D	0.1%	0.03%	0.03%
ALL	A	0.19%	0.24%	0.19%
ALLE	D	0.07%	0.04%	0.04%
AMCR	D	0.12%	0.07%	0.07%
AME	A	0.12%	0.11%	0.11%
AMGN	D	0.23%	0.75%	0.23%
AMP	A	0.09%	0.12%	0.09%
AMT	D	0.06%	0.25%	0.06%
ANSS	B	0.17%	0.06%	0.06%
AON	A	0.04%	0.19%	0.04%
AOS	F	0.21%	0.02%	0.02%
APD	A	0.05%	0.33%	0.05%
APH	A	0.18%	0.18%	0.18%
APTV	D	0.39%	0.07%	0.07%
ARE	D	0.1%	0.08%	0.08%
ATO	A	0.32%	0.1%	0.1%
AVB	B	0.1%	0.15%	0.1%
AVY	D	0.06%	0.08%	0.06%
AWK	D	0.32%	0.12%	0.12%
AXP	A	0.05%	0.23%	0.05%
AZO	C	0.15%	0.08%	0.08%
BA	F	0.16%	0.26%	0.16%
BAC	A	0.12%	1.45%	0.12%
BALL	D	0.12%	0.09%	0.09%
BAX	D	0.05%	0.08%	0.05%
BBY	D	0.17%	0.08%	0.08%
BDX	F	0.05%	0.31%	0.05%
BEN	C	0.08%	0.03%	0.03%
BG	F	0.36%	0.06%	0.06%
BIIB	F	0.24%	0.11%	0.11%
BK	A	0.11%	0.27%	0.11%
BKR	B	0.35%	0.2%	0.2%
BLK	C	0.09%	0.68%	0.09%
BMY	B	0.25%	0.56%	0.25%
BR	A	0.11%	0.05%	0.05%
BRK.A	B	0.49%	4.01%	0.49%
BRO	B	0.03%	0.03%	0.03%
BSX	B	0.06%	0.27%	0.06%
BWA	D	0.41%	0.04%	0.04%
BX	A	0.08%	0.17%	0.08%
BXP	D	0.11%	0.05%	0.05%
C	A	0.13%	0.61%	0.13%
CAG	D	0.21%	0.06%	0.06%
CAH	B	0.19%	0.14%	0.14%
CARR	D	0.08%	0.15%	0.08%
CAT	B	0.14%	0.37%	0.14%
CB	C	0.14%	0.5%	0.14%
CBOE	B	0.04%	0.03%	0.03%
CBRE	B	0.04%	0.19%	0.04%
CCI	D	0.06%	0.21%	0.06%
CCL	B	0.09%	0.03%	0.03%
CDW	F	0.12%	0.07%	0.07%
CEG	D	0.38%	0.18%	0.18%
CF	B	0.09%	0.03%	0.03%
CFG	B	0.05%	0.1%	0.05%
CHD	B	0.41%	0.07%	0.07%
CHRW	C	0.09%	0.06%	0.06%
CHTR	C	0.46%	0.1%	0.1%
CI	F	0.18%	0.42%	0.18%
CINF	A	0.14%	0.11%	0.11%
CL	D	0.4%	0.21%	0.21%
CLX	B	0.41%	0.1%	0.1%
CMCSA	B	0.51%	0.79%	0.51%
CME	A	0.04%	0.24%	0.04%
CMI	A	0.08%	0.23%	0.08%
CMS	C	0.07%	0.09%	0.07%
CNC	D	0.25%	0.14%	0.14%
CNP	B	0.25%	0.09%	0.09%
COF	B	0.69%	0.33%	0.33%
COP	C	0.07%	0.19%	0.07%
COR	B	0.18%	0.2%	0.18%
COST	B	0.7%	1.11%	0.7%
CPB	D	0.2%	0.04%	0.04%
CPT	B	0.1%	0.06%	0.06%
CRL	C	0.14%	0.05%	0.05%
CSCO	B	0.21%	1.09%	0.21%
CSGP	D	0.04%	0.08%	0.04%
CSX	B	0.08%	0.16%	0.08%
CTAS	B	0.17%	0.16%	0.16%
CTLT	B	0.24%	0.05%	0.05%
CTRA	B	0.17%	0.03%	0.03%
CTSH	B	0.13%	0.19%	0.13%
CTVA	C	0.08%	0.19%	0.08%
CVS	D	0.68%	0.32%	0.32%
CVX	A	0.75%	1.29%	0.75%
CZR	F	0.07%	0.02%	0.02%
D	C	0.24%	0.22%	0.22%
DAL	C	0.27%	0.09%	0.09%
DAY	B	0.22%	0.03%	0.03%
DD	D	0.05%	0.16%	0.05%
DE	A	0.13%	0.2%	0.13%
DELL	C	0.17%	0.08%	0.08%
DFS	B	0.68%	0.09%	0.09%
DG	F	0.17%	0.08%	0.08%
DGX	A	0.16%	0.08%	0.08%
DHR	F	0.1%	0.72%	0.1%
DIS	B	0.2%	0.93%	0.2%
DLR	B	0.26%	0.15%	0.15%
DLTR	F	0.17%	0.06%	0.06%
DOC	D	0.11%	0.07%	0.07%
DOV	A	0.17%	0.13%	0.13%
DOW	F	0.07%	0.15%	0.07%
DPZ	C	0.52%	0.04%	0.04%
DRI	B	0.5%	0.04%	0.04%
DTE	C	0.24%	0.12%	0.12%
DUK	C	0.07%	0.4%	0.07%
DVA	B	0.11%	0.01%	0.01%
DVN	F	0.16%	0.12%	0.12%
DXCM	D	0.09%	0.05%	0.05%
EA	A	0.48%	0.1%	0.1%
EBAY	D	0.22%	0.14%	0.14%
ECL	D	0.05%	0.14%	0.05%
ED	D	0.24%	0.15%	0.15%
EFX	F	0.04%	0.09%	0.04%
EG	C	0.14%	0.07%	0.07%
EIX	B	0.24%	0.15%	0.15%
EL	F	0.49%	0.07%	0.07%
ELV	F	0.24%	0.44%	0.24%
EMN	D	0.05%	0.06%	0.05%
EMR	A	0.03%	0.35%	0.03%
ENPH	F	0.25%	0.03%	0.03%
EOG	A	0.07%	0.12%	0.07%
EPAM	C	0.13%	0.04%	0.04%
EQIX	A	0.26%	0.21%	0.21%
EQR	B	0.1%	0.12%	0.1%
EQT	B	0.18%	0.12%	0.12%
ERIE	D	0.2%	0.02%	0.02%
ES	D	0.07%	0.1%	0.07%
ESS	B	0.1%	0.09%	0.09%
ETN	A	0.26%	0.26%	0.26%
ETR	B	0.25%	0.15%	0.15%
EVRG	A	0.08%	0.07%	0.07%
EW	C	0.06%	0.12%	0.06%
EXC	C	0.29%	0.18%	0.18%
EXPD	D	0.09%	0.05%	0.05%
EXR	D	0.11%	0.16%	0.11%
F	C	0.24%	0.2%	0.2%
FAST	B	0.12%	0.11%	0.11%
FCX	D	0.29%	0.15%	0.15%
FDS	B	0.04%	0.05%	0.04%
FDX	B	0.07%	0.31%	0.07%
FE	C	0.24%	0.1%	0.1%
FFIV	B	0.2%	0.07%	0.07%
FI	A	0.06%	0.27%	0.06%
FIS	C	0.05%	0.23%	0.05%
FITB	A	0.05%	0.15%	0.05%
FMC	D	0.08%	0.03%	0.03%
FOX	A	0.1%	0.03%	0.03%
FOXA	B	0.1%	0.05%	0.05%
FRT	B	0.06%	0.04%	0.04%
FSLR	F	0.2%	0.1%	0.1%
GD	F	0.16%	0.35%	0.16%
GE	D	0.17%	0.52%	0.17%
GEHC	F	0.1%	0.18%	0.1%
GEN	B	0.17%	0.08%	0.08%
GEV	B	0.18%	0.24%	0.18%
GILD	C	0.24%	0.54%	0.24%
GIS	D	0.21%	0.17%	0.17%
GL	B	0.19%	0.05%	0.05%
GLW	B	0.19%	0.17%	0.17%
GM	B	0.24%	0.3%	0.24%
GNRC	B	0.08%	0.02%	0.02%
GPC	D	0.15%	0.08%	0.08%
GPN	B	0.04%	0.14%	0.04%
GRMN	B	0.32%	0.07%	0.07%
GS	A	0.25%	0.87%	0.25%
GWW	B	0.13%	0.06%	0.06%
HAL	C	0.33%	0.12%	0.12%
HAS	D	0.25%	0.04%	0.04%
HBAN	A	0.05%	0.12%	0.05%
HCA	F	0.33%	0.16%	0.16%
HD	A	0.25%	1.19%	0.25%
HIG	B	0.14%	0.16%	0.14%
HII	D	0.08%	0.04%	0.04%
HOLX	D	0.1%	0.08%	0.08%
HON	B	0.16%	0.7%	0.16%
HPE	B	0.19%	0.13%	0.13%
HPQ	B	0.34%	0.17%	0.17%
HRL	D	0.36%	0.04%	0.04%
HSIC	B	0.2%	0.04%	0.04%
HST	C	0.11%	0.02%	0.02%
HSY	F	0.17%	0.08%	0.08%
HUBB	B	0.26%	0.06%	0.06%
HUM	C	0.26%	0.16%	0.16%
HWM	A	0.07%	0.09%	0.07%
IBM	C	0.33%	0.9%	0.33%
ICE	C	0.04%	0.42%	0.04%
IDXX	F	0.09%	0.07%	0.07%
IEX	B	0.2%	0.08%	0.08%
IFF	D	0.05%	0.11%	0.05%
INCY	C	0.25%	0.06%	0.06%
INTC	D	0.16%	0.5%	0.16%
INVH	D	0.1%	0.09%	0.09%
IP	B	0.06%	0.09%	0.06%
IPG	D	0.33%	0.05%	0.05%
IQV	D	0.13%	0.1%	0.1%
IR	B	0.2%	0.05%	0.05%
IRM	D	0.06%	0.08%	0.06%
ISRG	A	0.12%	0.3%	0.12%
ITW	B	0.17%	0.18%	0.17%
IVZ	B	0.09%	0.04%	0.04%
J	F	0.39%	0.08%	0.08%
JBHT	C	0.08%	0.07%	0.07%
JBL	B	0.37%	0.03%	0.03%
JCI	C	0.08%	0.27%	0.08%
JKHY	D	0.05%	0.06%	0.05%
JNJ	D	0.23%	1.71%	0.23%
JNPR	F	0.19%	0.06%	0.06%
JPM	A	0.12%	3.22%	0.12%
K	A	0.18%	0.1%	0.1%
KDP	D	0.24%	0.18%	0.18%
KEY	B	0.06%	0.08%	0.06%
KEYS	A	0.2%	0.13%	0.13%
KHC	F	0.21%	0.13%	0.13%
KIM	A	0.06%	0.08%	0.06%
KMB	D	0.41%	0.21%	0.21%
KMI	A	0.25%	0.24%	0.24%
KMX	B	0.14%	0.06%	0.06%
KO	D	0.24%	0.69%	0.24%
KR	B	0.73%	0.18%	0.18%
KVUE	A	0.41%	0.21%	0.21%
L	A	0.49%	0.07%	0.07%
LDOS	C	0.13%	0.11%	0.11%
LEN	D	0.24%	0.08%	0.08%
LH	C	0.16%	0.09%	0.09%
LHX	C	0.08%	0.22%	0.08%
LIN	D	0.04%	0.49%	0.04%
LKQ	D	0.14%	0.05%	0.05%
LMT	D	0.08%	0.54%	0.08%
LNT	A	0.08%	0.07%	0.07%
LOW	D	0.25%	0.72%	0.25%
LUV	C	0.25%	0.09%	0.09%
LVS	C	0.08%	0.03%	0.03%
LW	C	0.22%	0.02%	0.02%
LYB	F	0.07%	0.1%	0.07%
MA	C	0.05%	0.56%	0.05%
MAA	B	0.1%	0.09%	0.09%
MAS	D	0.19%	0.04%	0.04%
MCD	D	0.49%	0.56%	0.49%
MCHP	D	0.13%	0.07%	0.07%
MCK	B	0.18%	0.37%	0.18%
MCO	B	0.04%	0.19%	0.04%
MDLZ	F	0.18%	0.24%	0.18%
MDT	D	0.06%	0.52%	0.06%
MET	A	0.21%	0.23%	0.21%
MGM	D	0.07%	0.01%	0.01%
MHK	D	0.18%	0.03%	0.03%
MKC	D	0.21%	0.09%	0.09%
MKTX	D	0.04%	0.05%	0.04%
MLM	B	0.17%	0.06%	0.06%
MMC	B	0.03%	0.25%	0.03%
MMM	D	0.17%	0.34%	0.17%
MNST	C	0.25%	0.07%	0.07%
MO	A	0.35%	0.44%	0.35%
MOH	F	0.25%	0.03%	0.03%
MOS	F	0.08%	0.04%	0.04%
MPC	D	0.48%	0.11%	0.11%
MRK	F	0.24%	0.7%	0.24%
MRNA	F	0.23%	0.06%	0.06%
MRO	B	0.07%	0.04%	0.04%
MS	A	0.26%	0.77%	0.26%
MSCI	C	0.04%	0.1%	0.04%
MSI	B	0.49%	0.16%	0.16%
MTB	A	0.06%	0.17%	0.06%
MTCH	D	0.46%	0.04%	0.04%
MTD	D	0.14%	0.08%	0.08%
MU	D	0.15%	0.52%	0.15%
NDAQ	A	0.04%	0.15%	0.04%
NDSN	B	0.03%	0.07%	0.03%
NEE	D	0.24%	0.72%	0.24%
NEM	D	0.24%	0.22%	0.22%
NI	A	0.32%	0.08%	0.08%
NKE	D	0.33%	0.24%	0.24%
NOC	D	0.08%	0.32%	0.08%
NRG	B	0.32%	0.09%	0.09%
NSC	B	0.08%	0.28%	0.08%
NTAP	C	0.17%	0.07%	0.07%
NTRS	A	0.08%	0.1%	0.08%
NUE	C	0.25%	0.06%	0.06%
NWS	B	0.1%	0.02%	0.02%
NWSA	B	0.1%	0.05%	0.05%
NXPI	D	0.23%	0.07%	0.07%
O	D	0.06%	0.23%	0.06%
OKE	A	0.24%	0.11%	0.11%
OMC	C	0.33%	0.1%	0.1%
ON	D	0.22%	0.08%	0.08%
ORLY	B	0.14%	0.09%	0.09%
OTIS	C	0.08%	0.11%	0.08%
OXY	D	0.07%	0.16%	0.07%
PARA	C	0.2%	0.03%	0.03%
PAYC	B	0.21%	0.03%	0.03%
PAYX	C	0.21%	0.13%	0.13%
PCAR	B	0.12%	0.08%	0.08%
PCG	A	0.07%	0.21%	0.07%
PEG	A	0.25%	0.2%	0.2%
PEP	F	0.17%	0.68%	0.17%
PFE	D	0.24%	0.69%	0.24%
PFG	D	0.2%	0.09%	0.09%
PG	A	0.41%	1.12%	0.41%
PGR	A	0.19%	0.35%	0.19%
PH	A	0.08%	0.09%	0.08%
PKG	A	0.06%	0.1%	0.06%
PLD	D	0.06%	0.5%	0.06%
PM	B	0.35%	0.59%	0.35%
PNC	B	0.06%	0.39%	0.06%
PNR	A	0.19%	0.02%	0.02%
PNW	B	0.07%	0.05%	0.05%
PODD	C	0.1%	0.05%	0.05%
POOL	C	0.13%	0.03%	0.03%
PPG	F	0.07%	0.13%	0.07%
PPL	B	0.08%	0.12%	0.08%
PRU	A	0.2%	0.21%	0.2%
PSA	D	0.1%	0.14%	0.1%
PSX	C	0.5%	0.25%	0.25%
PTC	A	0.17%	0.04%	0.04%
PWR	A	0.4%	0.07%	0.07%
PYPL	B	0.06%	0.41%	0.06%
QCOM	F	0.22%	0.41%	0.22%
QRVO	F	0.21%	0.03%	0.03%
REG	B	0.06%	0.06%	0.06%
REGN	F	0.23%	0.16%	0.16%
RF	A	0.06%	0.11%	0.06%
RJF	A	0.25%	0.14%	0.14%
RL	B	0.32%	0.02%	0.02%
RMD	C	0.09%	0.16%	0.09%
ROK	B	0.03%	0.08%	0.03%
ROL	B	0.18%	0.04%	0.04%
ROP	B	0.03%	0.16%	0.03%
RSG	A	0.18%	0.09%	0.09%
RTX	C	0.08%	0.74%	0.08%
RVTY	F	0.1%	0.07%	0.07%
SBAC	D	0.06%	0.07%	0.06%
SBUX	A	0.48%	0.22%	0.22%
SCHW	B	0.25%	0.56%	0.25%
SHW	A	0.06%	0.21%	0.06%
SJM	D	0.21%	0.06%	0.06%
SLB	C	0.34%	0.29%	0.29%
SNA	A	0.25%	0.05%	0.05%
SO	D	0.08%	0.44%	0.08%
SOLV	C	0.05%	0.04%	0.04%
SPG	B	0.06%	0.16%	0.06%
SPGI	C	0.04%	0.43%	0.04%
SRE	A	0.07%	0.27%	0.07%
STE	F	0.12%	0.05%	0.05%
STLD	B	0.27%	0.03%	0.03%
STT	A	0.11%	0.13%	0.11%
STX	D	0.17%	0.06%	0.06%
STZ	D	0.25%	0.18%	0.18%
SW	A	0.07%	0.12%	0.07%
SWK	D	0.26%	0.06%	0.06%
SWKS	F	0.21%	0.06%	0.06%
SYF	B	0.68%	0.12%	0.12%
SYK	C	0.12%	0.22%	0.12%
SYY	B	0.73%	0.17%	0.17%
T	A	0.33%	0.75%	0.33%
TAP	C	0.25%	0.05%	0.05%
TDY	B	0.03%	0.1%	0.03%
TECH	D	0.15%	0.05%	0.05%
TER	D	0.16%	0.08%	0.08%
TFC	A	0.05%	0.29%	0.05%
TFX	F	0.05%	0.04%	0.04%
TGT	F	0.17%	0.33%	0.17%
TJX	A	0.71%	0.22%	0.22%
TMO	F	0.14%	0.59%	0.14%
TMUS	B	0.33%	0.55%	0.33%
TPR	B	0.32%	0.06%	0.06%
TRMB	B	0.03%	0.08%	0.03%
TROW	B	0.08%	0.13%	0.08%
TRV	B	0.14%	0.27%	0.14%
TSCO	D	0.12%	0.08%	0.08%
TSN	B	0.35%	0.09%	0.09%
TT	A	0.08%	0.13%	0.08%
TTWO	A	0.48%	0.07%	0.07%
TXN	C	0.22%	0.56%	0.22%
TXT	D	0.16%	0.08%	0.08%
UAL	A	0.28%	0.14%	0.14%
UDR	B	0.1%	0.06%	0.06%
UHS	D	0.32%	0.06%	0.06%
ULTA	F	0.17%	0.03%	0.03%
UNH	C	0.25%	1.59%	0.25%
UNP	C	0.08%	0.37%	0.08%
UPS	C	0.08%	0.46%	0.08%
USB	A	0.05%	0.37%	0.05%
V	A	0.04%	0.82%	0.04%
VICI	C	0.06%	0.15%	0.06%
VLO	C	0.49%	0.21%	0.21%
VLTO	D	0.03%	0.12%	0.03%
VMC	B	0.17%	0.06%	0.06%
VRSK	A	0.04%	0.09%	0.04%
VRSN	F	0.27%	0.04%	0.04%
VRTX	F	0.23%	0.21%	0.21%
VTR	C	0.11%	0.12%	0.11%
VTRS	A	0.24%	0.07%	0.07%
VZ	C	0.32%	0.81%	0.32%
WAB	B	0.13%	0.16%	0.13%
WAT	B	0.15%	0.07%	0.07%
WBA	F	0.63%	0.03%	0.03%
WBD	C	0.19%	0.1%	0.1%
WDC	D	0.17%	0.1%	0.1%
WEC	A	0.07%	0.14%	0.07%
WELL	A	0.11%	0.36%	0.11%
WFC	A	0.13%	1.16%	0.13%
WM	A	0.18%	0.2%	0.18%
WMB	A	0.24%	0.19%	0.19%
WMT	A	0.72%	1.72%	0.72%
WRB	A	0.13%	0.08%	0.08%
WTW	B	0.04%	0.15%	0.04%
WY	D	0.17%	0.11%	0.11%
XEL	A	0.07%	0.18%	0.07%
XOM	B	0.75%	2.51%	0.75%
XYL	D	0.19%	0.14%	0.14%
YUM	B	0.5%	0.1%	0.1%
ZBH	C	0.12%	0.1%	0.1%
ZBRA	B	0.13%	0.1%	0.1%
ZTS	D	0.25%	0.17%	0.17%

SHUS Overweight 67 Positions Relative to SPYV

Symbol	Grade	Weight
ROST	C	0.71%
AAPL	C	0.49%
CMG	B	0.49%
META	D	0.46%
VST	B	0.4%
CRM	B	0.35%
ORCL	B	0.34%
SNPS	B	0.34%
CDNS	B	0.33%
MSFT	F	0.32%
NVR	D	0.3%
LULU	C	0.3%
DECK	A	0.29%
TSLA	B	0.27%
GDDY	A	0.26%
PHM	D	0.25%
TRGP	B	0.24%
LLY	F	0.23%
DHI	D	0.23%
NOW	A	0.22%
NFLX	A	0.22%
AVGO	D	0.22%
PLTR	B	0.22%
CPRT	A	0.22%
GOOGL	C	0.22%
GOOG	C	0.22%
ANET	C	0.21%
TYL	B	0.21%
MPWR	F	0.21%
AMZN	C	0.21%
INTU	C	0.2%
TEL	B	0.19%
BBWI	D	0.19%
BLDR	D	0.19%
CRWD	B	0.18%
FTNT	C	0.17%
KLAC	D	0.17%
AMAT	F	0.17%
PANW	C	0.16%
SMCI	F	0.15%
ADBE	C	0.15%
URI	B	0.14%
AMD	F	0.14%
ACGL	D	0.14%
IT	C	0.13%
BKNG	A	0.13%
NVDA	C	0.13%
HLT	A	0.12%
MAR	B	0.12%
EXPE	B	0.12%
UBER	D	0.11%
AXON	A	0.09%
KKR	A	0.09%
NCLH	B	0.09%
LYV	A	0.09%
WYNN	D	0.08%
ODFL	B	0.08%
RCL	A	0.08%
FANG	D	0.07%
APA	D	0.07%
HES	B	0.07%
CE	F	0.07%
TDG	D	0.06%
WST	C	0.05%
CPAY	A	0.04%
FICO	B	0.03%
FTV	C	0.03%

SHUS Underweight 0 Positions Relative to SPYV

	Symbol	Grade	Weight