SMDY vs. DGRO ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to iShares Core Dividend Growth ETF (DGRO)

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.16

Average Daily Volume

525

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

DGRO

iShares Core Dividend Growth ETF

DGRO Description

The investment seeks to track the investment results of the Morningstar® U.S. Dividend Growth IndexSM. The index is a dividend dollars weighted index that seeks to measure the performance of U.S. companies selected based on a consistent history of growing dividends. The index is a subset of the Morningstar® U.S. Market IndexSM, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index.

Grade (RS Rating)

Last Trade

$62.40

Average Daily Volume

1,198,018

Number of Holdings ^*

410

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	DGRO
30 Days	0.32%	2.27%
60 Days	0.23%	4.86%
90 Days	3.92%	9.01%
12 Months	21.05%	28.48%

124 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in DGRO	Overlap
AAON	B	0.1%	0.01%	0.01%
AFG	C	0.17%	0.05%	0.05%
AGCO	D	0.26%	0.02%	0.02%
AIT	B	0.08%	0.02%	0.02%
ASH	F	0.08%	0.02%	0.02%
ATR	B	0.09%	0.03%	0.03%
AVNT	B	0.11%	0.02%	0.02%
AVT	B	0.07%	0.03%	0.03%
BC	C	0.23%	0.03%	0.03%
BWXT	A	0.08%	0.02%	0.02%
CADE	C	0.07%	0.02%	0.02%
CASY	D	0.22%	0.02%	0.02%
CBSH	D	0.12%	0.03%	0.03%
CBT	B	0.1%	0.02%	0.02%
CFR	C	0.12%	0.06%	0.06%
CGNX	F	0.24%	0.01%	0.01%
CHDN	D	0.12%	0.01%	0.01%
CHE	C	0.21%	0.01%	0.01%
CNO	C	0.41%	0.02%	0.02%
COLM	C	0.27%	0.01%	0.01%
CRI	D	0.29%	0.03%	0.03%
CSL	B	0.09%	0.05%	0.05%
CW	B	0.08%	0.01%	0.01%
DCI	C	0.1%	0.03%	0.03%
DKS	D	0.27%	0.06%	0.06%
DLB	D	0.52%	0.02%	0.02%
EQH	C	0.33%	0.06%	0.06%
ERIE	B	0.5%	0.03%	0.03%
ESNT	B	0.32%	0.03%	0.03%
EVR	B	0.17%	0.03%	0.03%
EWBC	C	0.07%	0.07%	0.07%
EXPO	B	0.17%	0.01%	0.01%
FAF	B	0.33%	0.05%	0.05%
FFIN	C	0.08%	0.03%	0.03%
FIX	B	0.17%	0.01%	0.01%
FLO	C	0.28%	0.05%	0.05%
FNF	B	0.35%	0.12%	0.12%
G	C	0.23%	0.02%	0.02%
GATX	D	0.14%	0.02%	0.02%
GBCI	C	0.07%	0.04%	0.04%
GGG	C	0.1%	0.04%	0.04%
GNTX	D	0.19%	0.03%	0.03%
HLI	C	0.17%	0.03%	0.03%
HOMB	D	0.07%	0.04%	0.04%
HRB	C	0.34%	0.04%	0.04%
IDA	B	0.27%	0.04%	0.04%
INGR	B	0.33%	0.05%	0.05%
ITT	B	0.08%	0.03%	0.03%
JEF	C	0.22%	0.06%	0.06%
KNSL	D	0.16%	0.0%	0.0%
LAD	B	0.51%	0.01%	0.01%
LANC	F	0.25%	0.02%	0.02%
LECO	D	0.29%	0.04%	0.04%
LFUS	C	0.21%	0.02%	0.02%
LII	C	0.18%	0.04%	0.04%
LPX	B	0.14%	0.02%	0.02%
LSTR	D	0.18%	0.01%	0.01%
MAN	C	0.14%	0.04%	0.04%
MDU	B	0.14%	0.02%	0.02%
MORN	C	0.31%	0.01%	0.01%
MSA	D	0.27%	0.02%	0.02%
MSM	D	0.08%	0.04%	0.04%
MTG	B	0.34%	0.03%	0.03%
NFG	B	0.23%	0.04%	0.04%
NJR	C	0.23%	0.04%	0.04%
NSP	F	0.25%	0.02%	0.02%
NVT	C	0.18%	0.03%	0.03%
NXST	D	0.31%	0.05%	0.05%
NYT	B	0.3%	0.02%	0.02%
OC	C	0.08%	0.05%	0.05%
OGS	B	0.25%	0.03%	0.03%
OLED	D	0.13%	0.02%	0.02%
ORI	B	0.19%	0.06%	0.06%
OSK	F	0.26%	0.03%	0.03%
OVV	F	0.06%	0.08%	0.06%
OZK	F	0.07%	0.04%	0.04%
PAG	D	0.47%	0.02%	0.02%
PB	D	0.07%	0.05%	0.05%
PII	D	0.22%	0.04%	0.04%
PNM	B	0.27%	0.03%	0.03%
POR	B	0.26%	0.05%	0.05%
POWI	F	0.37%	0.01%	0.01%
PRGO	F	0.39%	0.04%	0.04%
PRI	B	0.38%	0.03%	0.03%
R	C	0.17%	0.04%	0.04%
RGA	C	0.3%	0.06%	0.06%
RGLD	C	0.18%	0.03%	0.03%
RLI	B	0.16%	0.01%	0.01%
RNR	B	0.34%	0.02%	0.02%
RPM	B	0.11%	0.06%	0.06%
RRX	C	0.09%	0.02%	0.02%
RS	D	0.17%	0.06%	0.06%
SCI	C	0.23%	0.04%	0.04%
SEIC	B	0.29%	0.02%	0.02%
SF	B	0.43%	0.04%	0.04%
SIGI	D	0.15%	0.02%	0.02%
SLGN	B	0.06%	0.01%	0.01%
SNX	C	0.07%	0.02%	0.02%
SON	D	0.05%	0.05%	0.05%
SR	B	0.23%	0.04%	0.04%
SSB	C	0.08%	0.04%	0.04%
SSD	C	0.09%	0.01%	0.01%
TEX	F	0.28%	0.01%	0.01%
THG	C	0.2%	0.03%	0.03%
THO	C	0.24%	0.02%	0.02%
TKR	C	0.08%	0.02%	0.02%
TPL	C	0.08%	0.02%	0.02%
TTC	F	0.25%	0.04%	0.04%
TTEK	C	0.16%	0.01%	0.01%
TXRH	B	0.58%	0.04%	0.04%
UFPI	C	0.07%	0.02%	0.02%
UMBF	C	0.14%	0.02%	0.02%
UNM	B	0.37%	0.06%	0.06%
VOYA	B	0.3%	0.04%	0.04%
WING	C	0.58%	0.01%	0.01%
WLK	C	0.09%	0.02%	0.02%
WMS	D	0.08%	0.01%	0.01%
WSM	C	0.21%	0.07%	0.07%
WSO	C	0.04%	0.09%	0.04%
WTFC	C	0.12%	0.03%	0.03%
WTRG	D	0.21%	0.07%	0.07%
WTS	C	0.1%	0.01%	0.01%
XRAY	D	0.18%	0.03%	0.03%
ZION	D	0.07%	0.06%	0.06%

SMDY Overweight 267 Positions Relative to DGRO

Symbol	Grade	Weight
SMG	B	2.01%
FYBR	C	1.55%
COTY	D	1.55%
DOCS	B	1.52%
CIEN	B	1.42%
LITE	B	1.41%
IRDM	C	1.23%
ZD	D	0.98%
DT	C	0.84%
SBRA	C	0.73%
OHI	C	0.69%
QLYS	D	0.67%
THC	C	0.66%
ACHC	D	0.65%
ARMK	B	0.62%
WEN	C	0.58%
LNW	F	0.54%
COKE	C	0.53%
UTHR	B	0.5%
AMKR	F	0.48%
EXEL	C	0.48%
TOL	A	0.47%
POST	B	0.47%
TMHC	B	0.46%
KBH	C	0.46%
ILMN	D	0.45%
MTSI	C	0.45%
BRBR	B	0.45%
HALO	D	0.45%
CRUS	D	0.44%
AN	C	0.44%
WBS	C	0.43%
SLAB	D	0.42%
IBKR	B	0.42%
RGEN	F	0.42%
PSTG	F	0.41%
SFM	B	0.4%
ONTO	C	0.4%
SRPT	F	0.4%
CYTK	F	0.39%
ASB	D	0.39%
NVST	D	0.39%
GMED	D	0.39%
CVLT	B	0.38%
LSCC	D	0.38%
JAZZ	D	0.38%
MANH	B	0.37%
LIVN	D	0.36%
DUOL	C	0.36%
ALGM	D	0.36%
MKSI	F	0.36%
PCTY	D	0.35%
WEX	C	0.35%
SYNA	D	0.35%
ENOV	F	0.35%
GHC	B	0.35%
KMPR	D	0.34%
PPC	D	0.34%
CAR	D	0.34%
DBX	C	0.34%
NBIX	F	0.34%
BURL	C	0.33%
USFD	C	0.33%
HAE	D	0.33%
MIDD	C	0.33%
CPRI	D	0.33%
BHF	F	0.33%
AZTA	F	0.33%
AMG	C	0.33%
BMRN	F	0.33%
PFGC	B	0.32%
ESAB	C	0.32%
TGNA	C	0.32%
BLKB	C	0.32%
FHI	B	0.32%
JHG	B	0.32%
MEDP	F	0.31%
ARWR	F	0.31%
TKO	A	0.31%
RMBS	F	0.3%
JWN	C	0.3%
CG	C	0.3%
LOPE	D	0.29%
APPF	C	0.29%
MMS	B	0.29%
SAM	D	0.28%
ALTR	C	0.28%
DAR	F	0.28%
NWE	A	0.27%
WMG	D	0.27%
OGE	B	0.27%
WU	C	0.27%
TDC	D	0.26%
BJ	D	0.26%
HQY	C	0.26%
ST	D	0.26%
EEFT	F	0.26%
SLM	C	0.26%
OPCH	C	0.25%
SKX	C	0.25%
EHC	B	0.25%
CROX	C	0.25%
PVH	D	0.24%
AYI	B	0.24%
PLNT	C	0.24%
OLLI	C	0.24%
SHC	C	0.24%
VNT	F	0.24%
ORA	B	0.24%
DTM	C	0.24%
ALE	A	0.24%
BKH	B	0.24%
ZI	D	0.24%
HOG	C	0.24%
FIVE	D	0.23%
UGI	B	0.23%
GAP	F	0.23%
KEX	C	0.23%
M	F	0.23%
RH	C	0.23%
SAIC	C	0.23%
IPGP	D	0.23%
EXLS	B	0.23%
AMED	D	0.23%
ALLY	F	0.22%
NSA	C	0.22%
CELH	F	0.22%
AM	B	0.22%
GME	D	0.22%
CUBE	C	0.22%
MUSA	D	0.21%
RYAN	C	0.21%
SWX	C	0.21%
ELS	D	0.21%
IRT	C	0.21%
ENS	C	0.2%
CNXC	F	0.2%
AMH	D	0.2%
LNTH	D	0.2%
CLH	C	0.19%
MP	C	0.19%
KNX	C	0.19%
CACI	B	0.19%
BCO	B	0.19%
PEN	D	0.19%
VC	F	0.19%
DINO	F	0.18%
GXO	D	0.18%
SRCL	B	0.18%
SAIA	D	0.18%
XPO	D	0.18%
AVTR	C	0.18%
UAA	C	0.17%
WHR	C	0.17%
MAT	D	0.17%
JLL	B	0.17%
CMC	D	0.17%
TPX	B	0.17%
KD	F	0.17%
ANF	D	0.17%
CHX	F	0.17%
FLR	D	0.17%
RBA	D	0.17%
BRKR	D	0.16%
RCM	C	0.16%
ELF	F	0.16%
EXP	B	0.16%
FCN	C	0.16%
NOV	F	0.16%
KNF	C	0.16%
ACM	B	0.16%
UA	C	0.16%
MTZ	C	0.16%
X	F	0.16%
EME	B	0.15%
COHR	C	0.15%
PBF	F	0.15%
YETI	D	0.15%
FND	C	0.15%
AA	C	0.15%
NOVT	D	0.14%
KBR	D	0.14%
PCH	C	0.14%
VNO	B	0.14%
PGNY	F	0.14%
BDC	B	0.14%
ASGN	D	0.14%
BYD	C	0.14%
MASI	C	0.14%
BLD	C	0.14%
GLPI	C	0.14%
NEOG	D	0.14%
TCBI	C	0.13%
VAL	F	0.13%
RYN	C	0.13%
CLF	F	0.13%
WFRD	F	0.13%
CUZ	C	0.12%
HWC	D	0.12%
TREX	F	0.12%
CHH	B	0.11%
KRC	C	0.11%
FHN	D	0.11%
PK	D	0.1%
TNL	C	0.1%
VSH	F	0.1%
LEA	D	0.1%
AXTA	B	0.1%
RBC	B	0.1%
FLS	C	0.1%
WH	B	0.1%
FR	C	0.09%
CNX	B	0.09%
HGV	F	0.09%
HXL	F	0.09%
MTN	D	0.09%
HELE	D	0.09%
VMI	C	0.09%
ADNT	D	0.09%
VVV	D	0.09%
H	B	0.09%
WWD	C	0.08%
ARW	B	0.08%
BRX	C	0.08%
ADC	C	0.08%
EGP	C	0.08%
VLY	D	0.08%
NEU	D	0.08%
STAG	D	0.08%
ALV	F	0.08%
VAC	D	0.08%
COLB	B	0.08%
GTLS	F	0.08%
REXR	C	0.08%
OLN	D	0.08%
WPC	C	0.08%
CACC	F	0.07%
PR	F	0.07%
ONB	D	0.07%
SWN	C	0.07%
UBSI	D	0.07%
NNN	B	0.07%
SNV	D	0.07%
CR	B	0.07%
KRG	C	0.07%
GT	F	0.07%
CC	D	0.07%
EPR	C	0.07%
LAMR	B	0.07%
PNFP	C	0.07%
CHRD	F	0.06%
CIVI	F	0.06%
CNM	F	0.06%
CCK	B	0.06%
WCC	C	0.06%
AR	C	0.06%
BERY	B	0.06%
RRC	D	0.06%
STWD	B	0.06%
FNB	D	0.06%
MUR	F	0.06%
CHK	C	0.06%
IBOC	D	0.06%
MTDR	F	0.06%
GEF	C	0.05%
GPK	C	0.05%
WOLF	F	0.04%

SMDY Underweight 286 Positions Relative to DGRO

Symbol	Grade	Weight
MSFT	C	-3.0%
XOM	D	-2.98%
AAPL	C	-2.86%
JPM	D	-2.83%
JNJ	C	-2.75%
CVX	F	-2.69%
ABBV	B	-2.51%
AVGO	C	-2.4%
PG	C	-2.2%
HD	B	-2.17%
MRK	F	-1.84%
KO	B	-1.76%
UNH	C	-1.74%
PEP	D	-1.68%
CSCO	B	-1.58%
BAC	D	-1.54%
IBM	B	-1.47%
BMY	C	-1.15%
CMCSA	C	-1.15%
AMGN	D	-1.14%
MCD	B	-1.14%
MS	B	-1.13%
UPS	D	-1.1%
C	C	-1.07%
LLY	D	-1.02%
NEE	B	-0.97%
GS	B	-0.95%
GILD	B	-0.92%
COP	F	-0.9%
QCOM	D	-0.89%
ABT	C	-0.86%
WMT	B	-0.83%
MDT	B	-0.82%
V	C	-0.8%
RTX	B	-0.76%
DUK	B	-0.75%
UNP	D	-0.75%
BLK	B	-0.74%
SO	B	-0.73%
ACN	C	-0.72%
CAT	B	-0.7%
HON	C	-0.65%
LOW	B	-0.64%
ORCL	B	-0.63%
PNC	C	-0.62%
LMT	A	-0.62%
LIN	B	-0.62%
SBUX	C	-0.58%
ADP	C	-0.53%
MDLZ	C	-0.53%
EOG	D	-0.52%
TGT	C	-0.5%
MA	B	-0.5%
COST	C	-0.48%
PSX	F	-0.46%
NKE	D	-0.45%
AEP	C	-0.43%
ADI	C	-0.42%
ITW	B	-0.4%
ETN	C	-0.39%
AXP	B	-0.39%
KMB	C	-0.38%
APD	B	-0.38%
CL	C	-0.37%
SRE	B	-0.37%
CME	B	-0.37%
MMC	C	-0.36%
ELV	D	-0.35%
BK	B	-0.34%
GD	C	-0.33%
AMAT	D	-0.32%
CB	B	-0.32%
MET	B	-0.32%
EMR	D	-0.29%
PEG	B	-0.29%
NSC	C	-0.28%
EIX	B	-0.28%
XEL	B	-0.28%
NOC	B	-0.28%
SYK	C	-0.27%
SPGI	C	-0.27%
HPQ	C	-0.26%
ED	B	-0.26%
WM	D	-0.25%
BDX	D	-0.25%
ICE	C	-0.24%
CMI	B	-0.24%
NXPI	D	-0.24%
WEC	B	-0.24%
LRCX	D	-0.24%
CSX	C	-0.23%
ES	B	-0.23%
ADM	D	-0.23%
ALL	C	-0.23%
TRV	C	-0.23%
SYY	C	-0.23%
ETR	A	-0.23%
INTU	D	-0.23%
AFL	A	-0.23%
MCHP	D	-0.22%
MTB	C	-0.22%
STT	B	-0.21%
PH	B	-0.21%
LHX	C	-0.21%
FAST	C	-0.21%
GLW	B	-0.21%
KR	B	-0.21%
DTE	A	-0.2%
FIS	C	-0.19%
TEL	D	-0.19%
TT	B	-0.19%
ARES	B	-0.18%
DFS	C	-0.18%
KLAC	D	-0.18%
ZTS	B	-0.18%
HSY	D	-0.18%
PFG	B	-0.17%
YUM	B	-0.17%
AEE	B	-0.17%
SHW	B	-0.16%
DHR	B	-0.16%
NTRS	C	-0.15%
PPG	C	-0.15%
PCAR	D	-0.15%
OTIS	B	-0.15%
STZ	C	-0.15%
MSI	B	-0.15%
FERG	D	-0.15%
AON	B	-0.14%
TMO	B	-0.14%
AWK	C	-0.14%
K	A	-0.14%
CMS	B	-0.14%
AMP	B	-0.14%
SWK	B	-0.13%
NUE	D	-0.13%
DG	F	-0.13%
MCO	C	-0.13%
APH	C	-0.13%
HIG	B	-0.13%
EBAY	B	-0.13%
GPC	D	-0.13%
OMC	B	-0.13%
BAX	C	-0.13%
ROK	D	-0.13%
ECL	B	-0.13%
IPG	C	-0.12%
CINF	C	-0.12%
HCA	B	-0.12%
AES	C	-0.12%
CTAS	C	-0.12%
SJM	C	-0.11%
CTVA	B	-0.11%
TSCO	B	-0.11%
NI	B	-0.11%
CAH	C	-0.11%
AJG	D	-0.11%
ATO	B	-0.11%
ROST	C	-0.11%
LNT	A	-0.11%
MSCI	C	-0.11%
EMN	B	-0.1%
MKC	C	-0.1%
SWKS	F	-0.1%
RSG	D	-0.1%
GRMN	D	-0.1%
SYF	C	-0.1%
NTAP	D	-0.1%
DHI	C	-0.09%
BR	C	-0.09%
VST	B	-0.09%
NDAQ	C	-0.09%
GWW	B	-0.09%
SNA	B	-0.09%
HUM	F	-0.09%
PNW	C	-0.09%
CMA	C	-0.09%
DGX	B	-0.08%
HRL	F	-0.08%
COR	F	-0.08%
CDW	D	-0.08%
EG	B	-0.08%
XYL	C	-0.08%
WTW	B	-0.08%
RJF	C	-0.08%
MCK	F	-0.08%
HUBB	B	-0.07%
DOV	B	-0.07%
CHRW	B	-0.07%
FMC	B	-0.07%
STLD	C	-0.07%
RMD	C	-0.07%
CE	D	-0.07%
ROP	C	-0.07%
RHI	D	-0.06%
MPWR	B	-0.06%
VMC	C	-0.06%
AME	C	-0.06%
MAS	B	-0.06%
BAH	B	-0.06%
AVY	C	-0.06%
A	C	-0.06%
MOS	F	-0.06%
CHD	C	-0.06%
MLM	D	-0.05%
STE	B	-0.05%
EXPD	B	-0.05%
ODFL	D	-0.05%
VRSK	D	-0.05%
DPZ	D	-0.05%
SSNC	C	-0.05%
HII	F	-0.05%
LW	D	-0.05%
IEX	C	-0.05%
J	A	-0.04%
AIZ	B	-0.04%
AOS	B	-0.04%
JKHY	B	-0.04%
NDSN	C	-0.04%
FDS	C	-0.04%
ALLE	B	-0.04%
PNR	B	-0.04%
WAL	B	-0.04%
ALB	D	-0.04%
PHM	B	-0.04%
BPOP	C	-0.04%
POOL	C	-0.04%
MKTX	D	-0.03%
LCII	C	-0.03%
KTB	B	-0.03%
FBIN	B	-0.03%
BRO	C	-0.03%
JBHT	D	-0.03%
AXS	B	-0.03%
AGO	D	-0.02%
CWT	D	-0.02%
MGEE	C	-0.02%
AWR	C	-0.02%
OTTR	F	-0.02%
SFBS	C	-0.02%
HLNE	B	-0.02%
GL	D	-0.02%
WD	B	-0.02%
WRB	D	-0.02%
AL	C	-0.02%
CATY	C	-0.02%
FBP	C	-0.02%
UCB	D	-0.02%
HEI	C	-0.01%
KWR	D	-0.01%
GOLF	F	-0.01%
NNI	C	-0.01%
BCPC	C	-0.01%
IR	B	-0.01%
AIN	F	-0.01%
GPI	B	-0.01%
BCC	C	-0.01%
FELE	B	-0.01%
IOSP	F	-0.01%
BMI	B	-0.01%
MGRC	D	-0.01%
WHD	D	-0.01%
BANF	C	-0.01%
FUL	D	-0.01%
RUSHA	C	-0.01%
JJSF	B	-0.01%
BRC	B	-0.01%
WDFC	C	-0.01%
MATX	B	-0.01%
IPAR	D	-0.01%
AWI	B	-0.01%
WST	D	-0.01%
SIRI	C	-0.01%
BOKF	C	-0.01%
ABM	D	-0.01%
FCFS	D	-0.01%
PWR	B	-0.01%
SHOO	B	-0.01%
HI	F	-0.01%
DDS	D	-0.0%
RUSHB	C	-0.0%
HEI	C	-0.0%
CSWI	B	-0.0%
KAI	C	-0.0%
WOR	F	-0.0%
ENSG	D	-0.0%