SHUS vs. XRMI ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Global X S&P 500 (XRMI)

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

XRMI

Global X S&P 500

XRMI Description

Global X Funds - Global X S&P 500 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Risk Managed Income Index, by using full replication technique. Global X Funds - Global X S&P 500 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$19.06

Average Daily Volume

13,895

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	XRMI
30 Days	2.26%	2.05%
60 Days	3.81%	1.93%
90 Days	5.24%	3.68%
12 Months	15.89%	11.40%

498 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in XRMI	Overlap
A	D	0.15%	0.07%	0.07%
AAPL	C	0.49%	7.02%	0.49%
ABBV	D	0.24%	0.6%	0.24%
ABNB	C	0.12%	0.12%	0.12%
ABT	B	0.06%	0.4%	0.06%
ACGL	D	0.14%	0.07%	0.07%
ACN	C	0.13%	0.45%	0.13%
ADBE	C	0.15%	0.47%	0.15%
ADI	D	0.22%	0.22%	0.22%
ADM	D	0.36%	0.05%	0.05%
ADP	B	0.21%	0.26%	0.21%
ADSK	A	0.16%	0.14%	0.14%
AEE	A	0.08%	0.05%	0.05%
AEP	D	0.24%	0.1%	0.1%
AES	F	0.31%	0.02%	0.02%
AFL	B	0.2%	0.11%	0.11%
AIG	B	0.19%	0.1%	0.1%
AIZ	A	0.2%	0.02%	0.02%
AJG	B	0.03%	0.13%	0.03%
AKAM	D	0.26%	0.03%	0.03%
ALB	C	0.05%	0.02%	0.02%
ALGN	D	0.1%	0.03%	0.03%
ALL	A	0.19%	0.1%	0.1%
ALLE	D	0.07%	0.02%	0.02%
AMAT	F	0.17%	0.32%	0.17%
AMCR	D	0.12%	0.03%	0.03%
AMD	F	0.14%	0.45%	0.14%
AME	A	0.12%	0.09%	0.09%
AMGN	D	0.23%	0.32%	0.23%
AMP	A	0.09%	0.11%	0.09%
AMT	D	0.06%	0.19%	0.06%
AMZN	C	0.21%	3.99%	0.21%
ANET	C	0.21%	0.2%	0.2%
ANSS	B	0.17%	0.06%	0.06%
AON	A	0.04%	0.17%	0.04%
AOS	F	0.21%	0.02%	0.02%
APA	D	0.07%	0.02%	0.02%
APD	A	0.05%	0.14%	0.05%
APH	A	0.18%	0.17%	0.17%
APTV	D	0.39%	0.03%	0.03%
ARE	D	0.1%	0.04%	0.04%
ATO	A	0.32%	0.05%	0.05%
AVB	B	0.1%	0.06%	0.06%
AVGO	D	0.22%	1.6%	0.22%
AVY	D	0.06%	0.03%	0.03%
AWK	D	0.32%	0.05%	0.05%
AXON	A	0.09%	0.08%	0.08%
AXP	A	0.05%	0.33%	0.05%
AZO	C	0.15%	0.1%	0.1%
BA	F	0.16%	0.2%	0.16%
BAC	A	0.12%	0.62%	0.12%
BALL	D	0.12%	0.04%	0.04%
BAX	D	0.05%	0.03%	0.03%
BBY	D	0.17%	0.04%	0.04%
BDX	F	0.05%	0.14%	0.05%
BEN	C	0.08%	0.01%	0.01%
BG	F	0.36%	0.03%	0.03%
BIIB	F	0.24%	0.05%	0.05%
BK	A	0.11%	0.11%	0.11%
BKNG	A	0.13%	0.33%	0.13%
BKR	B	0.35%	0.09%	0.09%
BLDR	D	0.19%	0.04%	0.04%
BLK	C	0.09%	0.3%	0.09%
BMY	B	0.25%	0.24%	0.24%
BR	A	0.11%	0.05%	0.05%
BRK.A	B	0.49%	1.73%	0.49%
BRO	B	0.03%	0.05%	0.03%
BSX	B	0.06%	0.27%	0.06%
BWA	D	0.41%	0.02%	0.02%
BX	A	0.08%	0.26%	0.08%
BXP	D	0.11%	0.03%	0.03%
C	A	0.13%	0.27%	0.13%
CAG	D	0.21%	0.03%	0.03%
CAH	B	0.19%	0.06%	0.06%
CARR	D	0.08%	0.13%	0.08%
CAT	B	0.14%	0.38%	0.14%
CB	C	0.14%	0.22%	0.14%
CBOE	B	0.04%	0.04%	0.04%
CBRE	B	0.04%	0.08%	0.04%
CCI	D	0.06%	0.09%	0.06%
CCL	B	0.09%	0.05%	0.05%
CDNS	B	0.33%	0.17%	0.17%
CDW	F	0.12%	0.05%	0.05%
CE	F	0.07%	0.01%	0.01%
CEG	D	0.38%	0.14%	0.14%
CF	B	0.09%	0.03%	0.03%
CFG	B	0.05%	0.05%	0.05%
CHD	B	0.41%	0.06%	0.06%
CHRW	C	0.09%	0.02%	0.02%
CHTR	C	0.46%	0.07%	0.07%
CI	F	0.18%	0.18%	0.18%
CINF	A	0.14%	0.04%	0.04%
CL	D	0.4%	0.15%	0.15%
CLX	B	0.41%	0.04%	0.04%
CMCSA	B	0.51%	0.34%	0.34%
CME	A	0.04%	0.17%	0.04%
CMG	B	0.49%	0.16%	0.16%
CMI	A	0.08%	0.11%	0.08%
CMS	C	0.07%	0.04%	0.04%
CNC	D	0.25%	0.07%	0.07%
CNP	B	0.25%	0.04%	0.04%
COF	B	0.69%	0.14%	0.14%
COP	C	0.07%	0.27%	0.07%
COR	B	0.18%	0.09%	0.09%
COST	B	0.7%	0.83%	0.7%
CPAY	A	0.04%	0.05%	0.04%
CPB	D	0.2%	0.02%	0.02%
CPRT	A	0.22%	0.11%	0.11%
CPT	B	0.1%	0.03%	0.03%
CRL	C	0.14%	0.02%	0.02%
CRM	B	0.35%	0.65%	0.35%
CRWD	B	0.18%	0.16%	0.16%
CSCO	B	0.21%	0.47%	0.21%
CSGP	D	0.04%	0.06%	0.04%
CSX	B	0.08%	0.14%	0.08%
CTAS	B	0.17%	0.15%	0.15%
CTLT	B	0.24%	0.02%	0.02%
CTRA	B	0.17%	0.04%	0.04%
CTSH	B	0.13%	0.08%	0.08%
CTVA	C	0.08%	0.08%	0.08%
CVS	D	0.68%	0.14%	0.14%
CVX	A	0.75%	0.55%	0.55%
CZR	F	0.07%	0.02%	0.02%
D	C	0.24%	0.1%	0.1%
DAL	C	0.27%	0.08%	0.08%
DAY	B	0.22%	0.03%	0.03%
DD	D	0.05%	0.07%	0.05%
DE	A	0.13%	0.21%	0.13%
DECK	A	0.29%	0.06%	0.06%
DELL	C	0.17%	0.08%	0.08%
DFS	B	0.68%	0.08%	0.08%
DG	F	0.17%	0.04%	0.04%
DGX	A	0.16%	0.03%	0.03%
DHI	D	0.23%	0.1%	0.1%
DHR	F	0.1%	0.31%	0.1%
DIS	B	0.2%	0.4%	0.2%
DLR	B	0.26%	0.11%	0.11%
DLTR	F	0.17%	0.03%	0.03%
DOC	D	0.11%	0.03%	0.03%
DOV	A	0.17%	0.06%	0.06%
DOW	F	0.07%	0.06%	0.06%
DPZ	C	0.52%	0.03%	0.03%
DRI	B	0.5%	0.04%	0.04%
DTE	C	0.24%	0.05%	0.05%
DUK	C	0.07%	0.17%	0.07%
DVA	B	0.11%	0.02%	0.02%
DVN	F	0.16%	0.05%	0.05%
DXCM	D	0.09%	0.06%	0.06%
EA	A	0.48%	0.08%	0.08%
EBAY	D	0.22%	0.07%	0.07%
ECL	D	0.05%	0.12%	0.05%
ED	D	0.24%	0.07%	0.07%
EFX	F	0.04%	0.06%	0.04%
EG	C	0.14%	0.03%	0.03%
EIX	B	0.24%	0.06%	0.06%
EL	F	0.49%	0.03%	0.03%
ELV	F	0.24%	0.19%	0.19%
EMN	D	0.05%	0.02%	0.02%
EMR	A	0.03%	0.15%	0.03%
ENPH	F	0.25%	0.02%	0.02%
EOG	A	0.07%	0.15%	0.07%
EPAM	C	0.13%	0.03%	0.03%
EQIX	A	0.26%	0.16%	0.16%
EQR	B	0.1%	0.05%	0.05%
EQT	B	0.18%	0.05%	0.05%
ERIE	D	0.2%	0.02%	0.02%
ES	D	0.07%	0.04%	0.04%
ESS	B	0.1%	0.04%	0.04%
ETN	A	0.26%	0.29%	0.26%
ETR	B	0.25%	0.07%	0.07%
EVRG	A	0.08%	0.03%	0.03%
EW	C	0.06%	0.08%	0.06%
EXC	C	0.29%	0.08%	0.08%
EXPD	D	0.09%	0.04%	0.04%
EXPE	B	0.12%	0.04%	0.04%
EXR	D	0.11%	0.07%	0.07%
F	C	0.24%	0.09%	0.09%
FANG	D	0.07%	0.07%	0.07%
FAST	B	0.12%	0.1%	0.1%
FCX	D	0.29%	0.12%	0.12%
FDS	B	0.04%	0.03%	0.03%
FDX	B	0.07%	0.13%	0.07%
FE	C	0.24%	0.04%	0.04%
FFIV	B	0.2%	0.02%	0.02%
FI	A	0.06%	0.25%	0.06%
FICO	B	0.03%	0.11%	0.03%
FIS	C	0.05%	0.1%	0.05%
FITB	A	0.05%	0.07%	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%	0.04%	0.04%
FTNT	C	0.17%	0.12%	0.12%
FTV	C	0.03%	0.05%	0.03%
GD	F	0.16%	0.15%	0.15%
GDDY	A	0.26%	0.06%	0.06%
GE	D	0.17%	0.39%	0.17%
GEHC	F	0.1%	0.07%	0.07%
GEN	B	0.17%	0.03%	0.03%
GEV	B	0.18%	0.18%	0.18%
GILD	C	0.24%	0.23%	0.23%
GIS	D	0.21%	0.07%	0.07%
GL	B	0.19%	0.02%	0.02%
GLW	B	0.19%	0.07%	0.07%
GM	B	0.24%	0.13%	0.13%
GNRC	B	0.08%	0.02%	0.02%
GOOG	C	0.22%	1.72%	0.22%
GOOGL	C	0.22%	2.08%	0.22%
GPC	D	0.15%	0.04%	0.04%
GPN	B	0.04%	0.06%	0.04%
GRMN	B	0.32%	0.06%	0.06%
GS	A	0.25%	0.38%	0.25%
GWW	B	0.13%	0.1%	0.1%
HAL	C	0.33%	0.06%	0.06%
HAS	D	0.25%	0.02%	0.02%
HBAN	A	0.05%	0.05%	0.05%
HCA	F	0.33%	0.13%	0.13%
HD	A	0.25%	0.81%	0.25%
HES	B	0.07%	0.08%	0.07%
HIG	B	0.14%	0.07%	0.07%
HII	D	0.08%	0.01%	0.01%
HLT	A	0.12%	0.12%	0.12%
HOLX	D	0.1%	0.04%	0.04%
HON	B	0.16%	0.3%	0.16%
HPE	B	0.19%	0.06%	0.06%
HPQ	B	0.34%	0.07%	0.07%
HRL	D	0.36%	0.02%	0.02%
HSIC	B	0.2%	0.02%	0.02%
HST	C	0.11%	0.03%	0.03%
HSY	F	0.17%	0.06%	0.06%
HUBB	B	0.26%	0.04%	0.04%
HUM	C	0.26%	0.06%	0.06%
HWM	A	0.07%	0.1%	0.07%
IBM	C	0.33%	0.39%	0.33%
ICE	C	0.04%	0.18%	0.04%
IDXX	F	0.09%	0.07%	0.07%
IEX	B	0.2%	0.03%	0.03%
IFF	D	0.05%	0.05%	0.05%
INCY	C	0.25%	0.03%	0.03%
INTC	D	0.16%	0.21%	0.16%
INTU	C	0.2%	0.39%	0.2%
INVH	D	0.1%	0.04%	0.04%
IP	B	0.06%	0.04%	0.04%
IPG	D	0.33%	0.02%	0.02%
IQV	D	0.13%	0.07%	0.07%
IR	B	0.2%	0.09%	0.09%
IRM	D	0.06%	0.07%	0.06%
ISRG	A	0.12%	0.39%	0.12%
IT	C	0.13%	0.08%	0.08%
ITW	B	0.17%	0.14%	0.14%
IVZ	B	0.09%	0.02%	0.02%
J	F	0.39%	0.04%	0.04%
JBHT	C	0.08%	0.03%	0.03%
JBL	B	0.37%	0.03%	0.03%
JCI	C	0.08%	0.11%	0.08%
JKHY	D	0.05%	0.02%	0.02%
JNJ	D	0.23%	0.74%	0.23%
JNPR	F	0.19%	0.03%	0.03%
JPM	A	0.12%	1.39%	0.12%
K	A	0.18%	0.04%	0.04%
KDP	D	0.24%	0.07%	0.07%
KEY	B	0.06%	0.04%	0.04%
KEYS	A	0.2%	0.05%	0.05%
KHC	F	0.21%	0.05%	0.05%
KIM	A	0.06%	0.03%	0.03%
KKR	A	0.09%	0.2%	0.09%
KLAC	D	0.17%	0.18%	0.17%
KMB	D	0.41%	0.09%	0.09%
KMI	A	0.25%	0.11%	0.11%
KMX	B	0.14%	0.03%	0.03%
KO	D	0.24%	0.49%	0.24%
KR	B	0.73%	0.08%	0.08%
KVUE	A	0.41%	0.09%	0.09%
L	A	0.49%	0.03%	0.03%
LDOS	C	0.13%	0.05%	0.05%
LEN	D	0.24%	0.09%	0.09%
LH	C	0.16%	0.04%	0.04%
LHX	C	0.08%	0.09%	0.08%
LIN	D	0.04%	0.44%	0.04%
LKQ	D	0.14%	0.02%	0.02%
LLY	F	0.23%	1.25%	0.23%
LMT	D	0.08%	0.23%	0.08%
LNT	A	0.08%	0.03%	0.03%
LOW	D	0.25%	0.31%	0.25%
LULU	C	0.3%	0.07%	0.07%
LUV	C	0.25%	0.04%	0.04%
LVS	C	0.08%	0.03%	0.03%
LW	C	0.22%	0.03%	0.03%
LYB	F	0.07%	0.05%	0.05%
LYV	A	0.09%	0.04%	0.04%
MA	C	0.05%	0.86%	0.05%
MAA	B	0.1%	0.04%	0.04%
MAR	B	0.12%	0.13%	0.12%
MAS	D	0.19%	0.04%	0.04%
MCD	D	0.49%	0.43%	0.43%
MCHP	D	0.13%	0.07%	0.07%
MCK	B	0.18%	0.17%	0.17%
MCO	B	0.04%	0.16%	0.04%
MDLZ	F	0.18%	0.17%	0.17%
MDT	D	0.06%	0.23%	0.06%
MET	A	0.21%	0.1%	0.1%
META	D	0.46%	2.54%	0.46%
MGM	D	0.07%	0.02%	0.02%
MHK	D	0.18%	0.01%	0.01%
MKC	D	0.21%	0.04%	0.04%
MKTX	D	0.04%	0.02%	0.02%
MLM	B	0.17%	0.07%	0.07%
MMC	B	0.03%	0.22%	0.03%
MMM	D	0.17%	0.14%	0.14%
MNST	C	0.25%	0.08%	0.08%
MO	A	0.35%	0.19%	0.19%
MOH	F	0.25%	0.03%	0.03%
MOS	F	0.08%	0.02%	0.02%
MPC	D	0.48%	0.11%	0.11%
MPWR	F	0.21%	0.05%	0.05%
MRK	F	0.24%	0.5%	0.24%
MRNA	F	0.23%	0.03%	0.03%
MRO	B	0.07%	0.03%	0.03%
MS	A	0.26%	0.33%	0.26%
MSCI	C	0.04%	0.09%	0.04%
MSFT	F	0.32%	6.42%	0.32%
MSI	B	0.49%	0.17%	0.17%
MTB	A	0.06%	0.08%	0.06%
MTCH	D	0.46%	0.02%	0.02%
MTD	D	0.14%	0.05%	0.05%
MU	D	0.15%	0.22%	0.15%
NCLH	B	0.09%	0.02%	0.02%
NDAQ	A	0.04%	0.07%	0.04%
NDSN	B	0.03%	0.02%	0.02%
NEE	D	0.24%	0.31%	0.24%
NEM	D	0.24%	0.09%	0.09%
NFLX	A	0.22%	0.73%	0.22%
NI	A	0.32%	0.03%	0.03%
NKE	D	0.33%	0.19%	0.19%
NOC	D	0.08%	0.15%	0.08%
NOW	A	0.22%	0.43%	0.22%
NRG	B	0.32%	0.04%	0.04%
NSC	B	0.08%	0.12%	0.08%
NTAP	C	0.17%	0.05%	0.05%
NTRS	A	0.08%	0.05%	0.05%
NUE	C	0.25%	0.07%	0.07%
NVDA	C	0.13%	7.3%	0.13%
NVR	D	0.3%	0.07%	0.07%
NWS	B	0.1%	0.01%	0.01%
NWSA	B	0.1%	0.02%	0.02%
NXPI	D	0.23%	0.11%	0.11%
O	D	0.06%	0.1%	0.06%
ODFL	B	0.08%	0.09%	0.08%
OKE	A	0.24%	0.13%	0.13%
OMC	C	0.33%	0.05%	0.05%
ON	D	0.22%	0.06%	0.06%
ORCL	B	0.34%	0.6%	0.34%
ORLY	B	0.14%	0.14%	0.14%
OTIS	C	0.08%	0.09%	0.08%
OXY	D	0.07%	0.07%	0.07%
PANW	C	0.16%	0.25%	0.16%
PARA	C	0.2%	0.01%	0.01%
PAYC	B	0.21%	0.02%	0.02%
PAYX	C	0.21%	0.09%	0.09%
PCAR	B	0.12%	0.13%	0.12%
PCG	A	0.07%	0.09%	0.07%
PEG	A	0.25%	0.08%	0.08%
PEP	F	0.17%	0.45%	0.17%
PFE	D	0.24%	0.3%	0.24%
PFG	D	0.2%	0.04%	0.04%
PG	A	0.41%	0.79%	0.41%
PGR	A	0.19%	0.31%	0.19%
PH	A	0.08%	0.18%	0.08%
PHM	D	0.25%	0.05%	0.05%
PKG	A	0.06%	0.04%	0.04%
PLD	D	0.06%	0.22%	0.06%
PLTR	B	0.22%	0.24%	0.22%
PM	B	0.35%	0.4%	0.35%
PNC	B	0.06%	0.17%	0.06%
PNR	A	0.19%	0.04%	0.04%
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%	0.06%	0.06%
PPL	B	0.08%	0.05%	0.05%
PRU	A	0.2%	0.09%	0.09%
PSA	D	0.1%	0.11%	0.1%
PSX	C	0.5%	0.11%	0.11%
PTC	A	0.17%	0.05%	0.05%
PWR	A	0.4%	0.1%	0.1%
PYPL	B	0.06%	0.18%	0.06%
QCOM	F	0.22%	0.36%	0.22%
QRVO	F	0.21%	0.01%	0.01%
RCL	A	0.08%	0.11%	0.08%
REG	B	0.06%	0.03%	0.03%
REGN	F	0.23%	0.17%	0.17%
RF	A	0.06%	0.05%	0.05%
RJF	A	0.25%	0.06%	0.06%
RL	B	0.32%	0.02%	0.02%
RMD	C	0.09%	0.08%	0.08%
ROK	B	0.03%	0.06%	0.03%
ROL	B	0.18%	0.03%	0.03%
ROP	B	0.03%	0.11%	0.03%
ROST	C	0.71%	0.09%	0.09%
RSG	A	0.18%	0.08%	0.08%
RTX	C	0.08%	0.32%	0.08%
RVTY	F	0.1%	0.03%	0.03%
SBAC	D	0.06%	0.05%	0.05%
SBUX	A	0.48%	0.23%	0.23%
SCHW	B	0.25%	0.24%	0.24%
SHW	A	0.06%	0.19%	0.06%
SJM	D	0.21%	0.02%	0.02%
SLB	C	0.34%	0.12%	0.12%
SMCI	F	0.15%	0.02%	0.02%
SNA	A	0.25%	0.03%	0.03%
SNPS	B	0.34%	0.18%	0.18%
SO	D	0.08%	0.19%	0.08%
SOLV	C	0.05%	0.02%	0.02%
SPG	B	0.06%	0.11%	0.06%
SPGI	C	0.04%	0.33%	0.04%
SRE	A	0.07%	0.11%	0.07%
STE	F	0.12%	0.04%	0.04%
STLD	B	0.27%	0.04%	0.04%
STT	A	0.11%	0.06%	0.06%
STX	D	0.17%	0.04%	0.04%
STZ	D	0.25%	0.08%	0.08%
SW	A	0.07%	0.05%	0.05%
SWK	D	0.26%	0.03%	0.03%
SWKS	F	0.21%	0.03%	0.03%
SYF	B	0.68%	0.05%	0.05%
SYK	C	0.12%	0.27%	0.12%
SYY	B	0.73%	0.08%	0.08%
T	A	0.33%	0.32%	0.32%
TAP	C	0.25%	0.02%	0.02%
TDG	D	0.06%	0.15%	0.06%
TDY	B	0.03%	0.04%	0.03%
TECH	D	0.15%	0.03%	0.03%
TER	D	0.16%	0.04%	0.04%
TFC	A	0.05%	0.13%	0.05%
TFX	F	0.05%	0.02%	0.02%
TGT	F	0.17%	0.15%	0.15%
TJX	A	0.71%	0.27%	0.27%
TMO	F	0.14%	0.4%	0.14%
TMUS	B	0.33%	0.24%	0.24%
TPR	B	0.32%	0.03%	0.03%
TRGP	B	0.24%	0.08%	0.08%
TRMB	B	0.03%	0.04%	0.03%
TROW	B	0.08%	0.06%	0.06%
TRV	B	0.14%	0.12%	0.12%
TSCO	D	0.12%	0.06%	0.06%
TSLA	B	0.27%	1.74%	0.27%
TSN	B	0.35%	0.04%	0.04%
TT	A	0.08%	0.19%	0.08%
TTWO	A	0.48%	0.06%	0.06%
TXN	C	0.22%	0.38%	0.22%
TXT	D	0.16%	0.03%	0.03%
TYL	B	0.21%	0.05%	0.05%
UAL	A	0.28%	0.06%	0.06%
UBER	D	0.11%	0.3%	0.11%
UDR	B	0.1%	0.03%	0.03%
UHS	D	0.32%	0.02%	0.02%
ULTA	F	0.17%	0.03%	0.03%
UNH	C	0.25%	1.11%	0.25%
UNP	C	0.08%	0.29%	0.08%
UPS	C	0.08%	0.19%	0.08%
URI	B	0.14%	0.11%	0.11%
USB	A	0.05%	0.16%	0.05%
V	A	0.04%	1.03%	0.04%
VICI	C	0.06%	0.07%	0.06%
VLO	C	0.49%	0.09%	0.09%
VLTO	D	0.03%	0.05%	0.03%
VMC	B	0.17%	0.08%	0.08%
VRSK	A	0.04%	0.09%	0.04%
VRSN	F	0.27%	0.03%	0.03%
VRTX	F	0.23%	0.26%	0.23%
VST	B	0.4%	0.09%	0.09%
VTR	C	0.11%	0.06%	0.06%
VTRS	A	0.24%	0.03%	0.03%
VZ	C	0.32%	0.34%	0.32%
WAB	B	0.13%	0.07%	0.07%
WAT	B	0.15%	0.04%	0.04%
WBA	F	0.63%	0.01%	0.01%
WBD	C	0.19%	0.05%	0.05%
WDC	D	0.17%	0.04%	0.04%
WEC	A	0.07%	0.06%	0.06%
WELL	A	0.11%	0.16%	0.11%
WFC	A	0.13%	0.5%	0.13%
WM	A	0.18%	0.17%	0.17%
WMB	A	0.24%	0.13%	0.13%
WMT	A	0.72%	0.74%	0.72%
WRB	A	0.13%	0.04%	0.04%
WST	C	0.05%	0.05%	0.05%
WTW	B	0.04%	0.06%	0.04%
WY	D	0.17%	0.05%	0.05%
WYNN	D	0.08%	0.02%	0.02%
XEL	A	0.07%	0.08%	0.07%
XOM	B	0.75%	1.08%	0.75%
XYL	D	0.19%	0.06%	0.06%
YUM	B	0.5%	0.07%	0.07%
ZBH	C	0.12%	0.05%	0.05%
ZBRA	B	0.13%	0.04%	0.04%
ZTS	D	0.25%	0.16%	0.16%

SHUS Overweight 2 Positions Relative to XRMI

	Symbol	Grade	Weight
	TEL	B	0.19%
	BBWI	D	0.19%

SHUS Underweight 1 Positions Relative to XRMI

	Symbol	Grade	Weight
	LRCX	F	-0.19%