SMDY vs. FIDU ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to Fidelity MSCI Industrials Index ETF (FIDU)

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

$42.10

Average Daily Volume

224

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

FIDU

Fidelity MSCI Industrials Index ETF

FIDU Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Industrials Index, which represents the performance of the industrial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Industrials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.91

Average Daily Volume

98,042

Number of Holdings ^*

351

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	FIDU
30 Days	-1.57%	-1.37%
60 Days	1.11%	-2.21%
90 Days	-3.39%	-3.69%
12 Months	9.82%	17.66%

71 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in FIDU	Overlap
AAON	B	0.08%	0.12%	0.08%
ACM	D	0.15%	0.25%	0.15%
AGCO	F	0.28%	0.13%	0.13%
AIT	C	0.07%	0.15%	0.07%
AYI	D	0.21%	0.15%	0.15%
BCO	B	0.19%	0.09%	0.09%
BWXT	B	0.08%	0.18%	0.08%
CACI	B	0.19%	0.2%	0.19%
CAR	F	0.44%	0.04%	0.04%
CLH	B	0.18%	0.24%	0.18%
CNM	D	0.07%	0.19%	0.07%
CNXC	C	0.21%	0.06%	0.06%
CR	C	0.08%	0.14%	0.08%
CSL	C	0.08%	0.4%	0.08%
CW	C	0.08%	0.21%	0.08%
DCI	D	0.1%	0.18%	0.1%
EME	D	0.14%	0.36%	0.14%
ENS	C	0.22%	0.09%	0.09%
ESAB	D	0.3%	0.11%	0.11%
EXLS	B	0.21%	0.11%	0.11%
EXPO	C	0.15%	0.1%	0.1%
FCN	D	0.15%	0.16%	0.15%
FIX	D	0.15%	0.23%	0.15%
FLR	B	0.17%	0.15%	0.15%
FLS	D	0.1%	0.13%	0.1%
GATX	B	0.15%	0.09%	0.09%
GGG	D	0.1%	0.27%	0.1%
GTLS	D	0.1%	0.12%	0.1%
GXO	F	0.18%	0.12%	0.12%
HXL	D	0.1%	0.11%	0.1%
ITT	D	0.07%	0.21%	0.07%
KBR	D	0.15%	0.18%	0.15%
KEX	B	0.23%	0.04%	0.04%
KNX	C	0.18%	0.16%	0.16%
LECO	F	0.3%	0.22%	0.22%
LII	B	0.16%	0.36%	0.16%
LSTR	D	0.18%	0.13%	0.13%
MAN	D	0.14%	0.07%	0.07%
MDU	C	0.13%	0.1%	0.1%
MIDD	F	0.3%	0.14%	0.14%
MMS	B	0.3%	0.11%	0.11%
MSA	C	0.31%	0.14%	0.14%
MSM	F	0.08%	0.07%	0.07%
MTZ	C	0.15%	0.14%	0.14%
NSP	F	0.29%	0.07%	0.07%
NVT	D	0.21%	0.26%	0.21%
OC	D	0.08%	0.31%	0.08%
OSK	D	0.29%	0.14%	0.14%
PCTY	F	0.3%	0.12%	0.12%
R	B	0.15%	0.11%	0.11%
RBC	C	0.09%	0.15%	0.09%
RRX	F	0.07%	0.19%	0.07%
SAIA	C	0.18%	0.25%	0.18%
SAIC	D	0.2%	0.12%	0.12%
SRCL	B	0.18%	0.11%	0.11%
SRCL	B	0.18%	0.01%	0.01%
SSD	F	0.09%	0.15%	0.09%
ST	C	0.29%	0.11%	0.11%
TEX	D	0.3%	0.07%	0.07%
TKR	D	0.08%	0.11%	0.08%
TREX	F	0.14%	0.17%	0.14%
TTC	C	0.28%	0.2%	0.2%
TTEK	D	0.15%	0.24%	0.15%
UFPI	D	0.06%	0.14%	0.06%
VMI	C	0.09%	0.11%	0.09%
WCC	D	0.07%	0.15%	0.07%
WMS	D	0.09%	0.23%	0.09%
WSO	B	0.07%	0.32%	0.07%
WTS	D	0.1%	0.1%	0.1%
WWD	D	0.07%	0.22%	0.07%
XPO	C	0.17%	0.25%	0.17%

SMDY Overweight 320 Positions Relative to FIDU

Symbol	Grade	Weight
COTY	F	1.8%
SMG	D	1.78%
LITE	B	1.22%
FYBR	B	1.21%
CIEN	F	1.21%
IRDM	D	1.19%
ZD	F	1.15%
DOCS	B	1.09%
QLYS	D	0.82%
DT	F	0.75%
LNW	B	0.67%
AMKR	B	0.65%
WING	B	0.63%
SBRA	A	0.62%
ACHC	F	0.61%
OHI	B	0.61%
TXRH	B	0.61%
DLB	D	0.6%
WEN	F	0.6%
ARMK	C	0.6%
THC	C	0.59%
PSTG	B	0.57%
SRPT	C	0.55%
MTSI	A	0.5%
CRUS	A	0.49%
COKE	B	0.49%
ONTO	B	0.48%
UTHR	B	0.48%
RMBS	B	0.47%
ALGM	C	0.47%
MKSI	B	0.46%
BRBR	B	0.46%
LAD	F	0.45%
LSCC	D	0.45%
POST	C	0.45%
PAG	D	0.45%
SLAB	D	0.44%
POWI	D	0.44%
EXEL	C	0.44%
SYNA	F	0.44%
HALO	B	0.44%
CYTK	D	0.43%
BMRN	C	0.43%
MEDP	C	0.42%
NBIX	C	0.42%
CELH	F	0.42%
AN	D	0.42%
ARWR	C	0.42%
LIVN	D	0.41%
WBS	D	0.41%
GMED	B	0.41%
RGEN	F	0.4%
ASB	D	0.4%
KBH	D	0.4%
IBKR	B	0.4%
SF	B	0.4%
JAZZ	F	0.4%
PRGO	F	0.4%
TMHC	D	0.39%
ENOV	F	0.39%
ILMN	D	0.39%
TOL	D	0.38%
AZTA	D	0.38%
HAE	C	0.38%
NVST	F	0.37%
BHF	F	0.36%
PRI	C	0.36%
CNO	B	0.35%
ERIE	C	0.35%
UNM	D	0.35%
MANH	B	0.34%
APPF	B	0.34%
KMPR	C	0.34%
EQH	B	0.34%
TDC	C	0.33%
ELF	C	0.33%
DBX	D	0.33%
BLKB	D	0.32%
ZI	F	0.32%
SAM	C	0.32%
SFM	B	0.32%
ALTR	B	0.32%
PPC	B	0.32%
CVLT	B	0.32%
MORN	B	0.31%
DUOL	F	0.31%
AMG	D	0.31%
BURL	B	0.31%
HRB	B	0.31%
TGNA	D	0.31%
NXST	B	0.31%
BJ	B	0.3%
VOYA	D	0.3%
FAF	D	0.3%
NYT	A	0.3%
RGA	C	0.3%
FNF	D	0.3%
HQY	B	0.3%
ESNT	C	0.3%
M	C	0.3%
CGNX	B	0.3%
CG	C	0.3%
USFD	C	0.3%
CPRI	D	0.3%
DAR	F	0.3%
JHG	B	0.3%
WEX	D	0.3%
RNR	D	0.3%
FHI	C	0.3%
MTG	B	0.3%
CRI	F	0.29%
WMG	D	0.29%
COLM	D	0.29%
FIVE	F	0.29%
IPGP	D	0.29%
LOPE	C	0.29%
WU	D	0.29%
LANC	B	0.29%
PFGC	D	0.29%
GHC	D	0.29%
INGR	D	0.29%
DKS	C	0.29%
EEFT	D	0.29%
FLO	D	0.29%
VNT	D	0.29%
SEIC	D	0.29%
JWN	B	0.29%
PVH	F	0.28%
CROX	C	0.28%
GPS	C	0.28%
SKX	C	0.28%
ALLY	B	0.27%
SLM	D	0.27%
GME	C	0.26%
IDA	D	0.26%
PNM	D	0.25%
OLLI	B	0.25%
ALE	C	0.25%
PGNY	D	0.25%
ORA	C	0.25%
POR	D	0.25%
NWE	D	0.25%
OGE	C	0.25%
OPCH	F	0.24%
EHC	B	0.24%
AMED	A	0.24%
SR	C	0.23%
AM	B	0.23%
PBF	F	0.23%
BKH	D	0.23%
HOG	F	0.23%
CASY	B	0.23%
PLNT	B	0.23%
OGS	C	0.23%
DTM	B	0.23%
CHE	D	0.23%
GNTX	D	0.22%
SCI	C	0.22%
SWX	D	0.22%
LFUS	C	0.22%
MUSA	C	0.22%
NFG	D	0.22%
UGI	D	0.22%
WTRG	C	0.22%
THO	D	0.22%
NJR	D	0.22%
VC	D	0.22%
DINO	D	0.22%
PII	F	0.22%
ETRN	D	0.21%
BC	F	0.21%
WSM	D	0.21%
NSA	B	0.2%
AIRC	A	0.2%
CUBE	B	0.2%
KD	C	0.2%
IRT	B	0.2%
G	D	0.2%
AMH	A	0.2%
ELS	C	0.2%
PEN	D	0.19%
JEF	B	0.19%
XRAY	F	0.19%
NOV	D	0.19%
WFRD	B	0.19%
CHX	C	0.19%
WHR	C	0.18%
CMC	D	0.18%
VAL	B	0.18%
SHC	C	0.18%
KNSL	F	0.17%
RLI	D	0.17%
RS	D	0.17%
CLF	D	0.17%
X	C	0.17%
SIGI	F	0.17%
RBA	B	0.17%
AFG	D	0.17%
AA	B	0.17%
RGLD	B	0.17%
THG	D	0.17%
ORI	D	0.17%
BRKR	F	0.16%
YETI	F	0.16%
MP	D	0.16%
LNTH	C	0.16%
RH	D	0.16%
JLL	B	0.15%
EVR	A	0.15%
RCM	F	0.15%
ASGN	D	0.15%
NEOG	C	0.15%
UA	F	0.15%
UAA	F	0.15%
MAT	F	0.15%
HLI	A	0.15%
TPX	D	0.15%
HELE	F	0.15%
MASI	F	0.15%
GLPI	B	0.14%
FND	F	0.14%
BLD	D	0.14%
RYN	D	0.13%
PCH	F	0.13%
COHR	B	0.13%
OLED	A	0.13%
NOVT	C	0.13%
KNF	C	0.13%
CHDN	B	0.13%
BYD	C	0.13%
UMBF	C	0.12%
CBSH	C	0.12%
WTFC	D	0.12%
FHN	C	0.12%
LPX	D	0.12%
TCBI	C	0.12%
CFR	D	0.12%
HWC	C	0.12%
BDC	C	0.12%
EXP	D	0.12%
VSH	D	0.12%
ALV	D	0.11%
GT	F	0.11%
LEA	F	0.11%
ADNT	F	0.11%
WOLF	F	0.11%
CBT	D	0.1%
CUZ	D	0.1%
AXTA	D	0.1%
KRC	F	0.1%
HGV	D	0.1%
WLK	D	0.1%
MTN	F	0.1%
H	C	0.1%
AVNT	D	0.1%
ASH	D	0.1%
VNO	C	0.1%
TNL	D	0.1%
PK	D	0.1%
WH	C	0.1%
VVV	B	0.1%
CHH	B	0.1%
ATR	D	0.09%
NEU	D	0.09%
CC	F	0.09%
OLN	F	0.09%
RPM	D	0.09%
VAC	F	0.09%
CHRD	C	0.08%
FR	C	0.08%
EGP	B	0.08%
REXR	C	0.08%
CIVI	D	0.08%
PR	C	0.08%
STAG	B	0.08%
MUR	D	0.08%
WPC	D	0.08%
MTDR	D	0.08%
FFIN	D	0.07%
OZK	D	0.07%
SSB	D	0.07%
ONB	B	0.07%
ADC	B	0.07%
KRG	B	0.07%
NNN	B	0.07%
EPR	C	0.07%
BRX	B	0.07%
SNX	D	0.07%
LAMR	B	0.07%
TPL	B	0.07%
CHK	D	0.07%
RRC	D	0.07%
ARW	D	0.07%
SWN	D	0.07%
AR	D	0.07%
CACC	B	0.07%
AVT	D	0.07%
CNX	C	0.07%
OVV	D	0.07%
BERY	D	0.06%
STWD	D	0.06%
NYCB	D	0.06%
EWBC	D	0.06%
UBSI	D	0.06%
VLY	F	0.06%
GBCI	D	0.06%
ZION	C	0.06%
HOMB	D	0.06%
IBOC	C	0.06%
SNV	B	0.06%
CADE	D	0.06%
FNB	C	0.06%
COLB	D	0.06%
PNFP	D	0.06%
PB	D	0.06%
SON	F	0.05%
GEF	F	0.05%
SLGN	D	0.05%
GPK	D	0.05%
CCK	F	0.05%

SMDY Underweight 280 Positions Relative to FIDU

Symbol	Grade	Weight
GE	D	-3.6%
CAT	D	-3.35%
HON	B	-2.86%
UNP	D	-2.79%
RTX	D	-2.74%
UBER	B	-2.7%
ETN	C	-2.57%
BA	C	-2.17%
LMT	C	-2.07%
DE	F	-2.04%
UPS	D	-2.03%
ADP	D	-2.0%
WM	B	-1.75%
TT	B	-1.55%
TDG	D	-1.47%
ITW	D	-1.45%
FDX	B	-1.42%
GD	D	-1.4%
CSX	D	-1.33%
PH	D	-1.33%
CTAS	A	-1.33%
EMR	C	-1.27%
NOC	D	-1.25%
MMM	B	-1.17%
PCAR	D	-1.12%
CARR	C	-1.05%
GEV	B	-0.99%
CPRT	C	-0.97%
NSC	D	-0.97%
JCI	D	-0.94%
WCN	B	-0.93%
RSG	A	-0.88%
LHX	B	-0.87%
URI	D	-0.86%
GWW	C	-0.82%
OTIS	B	-0.8%
PWR	D	-0.8%
CMI	D	-0.79%
AME	D	-0.79%
VRSK	A	-0.79%
PAYX	D	-0.78%
IR	C	-0.75%
FAST	D	-0.74%
ODFL	C	-0.7%
XYL	D	-0.68%
VRT	C	-0.65%
ROK	D	-0.63%
HWM	C	-0.63%
EFX	B	-0.61%
WAB	D	-0.58%
FTV	D	-0.53%
DOV	D	-0.5%
VLTO	D	-0.49%
BR	B	-0.48%
AXON	C	-0.44%
BAH	C	-0.42%
HUBB	C	-0.41%
LDOS	B	-0.39%
EXPD	B	-0.37%
J	D	-0.36%
TXT	D	-0.34%
BLDR	F	-0.34%
IEX	D	-0.31%
TRU	C	-0.3%
MAS	D	-0.3%
ROL	A	-0.29%
SNA	F	-0.28%
SSNC	B	-0.28%
JBHT	F	-0.27%
HEI	B	-0.27%
NDSN	D	-0.26%
SWK	D	-0.26%
PNR	D	-0.26%
ALLE	D	-0.21%
CHRW	C	-0.21%
HII	D	-0.2%
HEI	B	-0.2%
AOS	D	-0.2%
CNH	F	-0.18%
GNRC	C	-0.17%
APG	C	-0.16%
DAL	D	-0.16%
WSC	F	-0.15%
PAYC	F	-0.15%
DAY	F	-0.15%
RHI	F	-0.14%
ALSN	D	-0.13%
CWST	B	-0.12%
BECN	D	-0.12%
UHAL	D	-0.12%
MLI	C	-0.12%
AZEK	D	-0.11%
SITE	F	-0.11%
BCC	F	-0.1%
MOG.A	C	-0.1%
ATKR	F	-0.1%
AWI	D	-0.1%
DY	B	-0.1%
LYFT	F	-0.1%
AVAV	D	-0.1%
AL	C	-0.1%
FSS	D	-0.1%
ZWS	D	-0.09%
LUV	D	-0.09%
VRRM	B	-0.09%
WIRE	A	-0.09%
STRL	D	-0.08%
FELE	D	-0.08%
SPR	B	-0.08%
PSN	C	-0.08%
ACA	D	-0.08%
CSWI	A	-0.08%
ABM	B	-0.07%
TNET	F	-0.07%
CBZ	D	-0.07%
KAI	B	-0.07%
KFY	B	-0.07%
HRI	F	-0.07%
ACVA	C	-0.06%
ESE	D	-0.06%
GVA	B	-0.06%
PRIM	D	-0.06%
MWA	C	-0.06%
ALIT	F	-0.06%
REZI	D	-0.06%
HI	F	-0.06%
ICFI	D	-0.06%
NPO	D	-0.06%
RXO	B	-0.06%
BRC	B	-0.06%
RUN	F	-0.06%
KTOS	B	-0.06%
GMS	D	-0.06%
JBT	F	-0.06%
GTES	D	-0.06%
ENVX	B	-0.05%
MYRG	F	-0.05%
TRN	D	-0.05%
ROAD	D	-0.05%
ARCB	D	-0.05%
GFF	D	-0.05%
MGRC	D	-0.05%
UNF	B	-0.05%
AIR	B	-0.05%
DNB	F	-0.05%
RUSHA	F	-0.05%
BE	D	-0.05%
AIN	D	-0.05%
HUBG	C	-0.05%
GEO	B	-0.04%
KMT	F	-0.04%
TNC	D	-0.04%
JBI	D	-0.04%
HURN	C	-0.04%
KAR	C	-0.04%
AAL	F	-0.04%
ALG	F	-0.04%
HAYW	F	-0.04%
SXI	D	-0.04%
B	B	-0.04%
MLKN	D	-0.04%
ROCK	D	-0.04%
EPAC	B	-0.04%
HNI	C	-0.04%
AZZ	D	-0.04%
WERN	F	-0.04%
REVG	D	-0.03%
FLNC	F	-0.03%
CRAI	C	-0.03%
AMWD	F	-0.03%
IESC	C	-0.03%
ALK	F	-0.03%
SNDR	B	-0.03%
NVEE	F	-0.03%
MEG	D	-0.03%
MRCY	D	-0.03%
POWL	D	-0.03%
CXW	D	-0.03%
UPWK	D	-0.03%
VSEC	B	-0.03%
APOG	D	-0.03%
HEES	F	-0.03%
LNN	D	-0.03%
DNOW	D	-0.03%
VSTS	F	-0.03%
CMPR	B	-0.03%
RKLB	B	-0.03%
GBX	D	-0.03%
HLIO	D	-0.03%
ARRY	F	-0.03%
PLUG	F	-0.03%
BLBD	C	-0.03%
CLVT	F	-0.03%
MATW	F	-0.02%
VVI	D	-0.02%
GRC	C	-0.02%
ACHR	C	-0.02%
ERII	F	-0.02%
BXC	F	-0.02%
DCO	B	-0.02%
VICR	F	-0.02%
PRLB	D	-0.02%
HCSG	D	-0.02%
FA	C	-0.02%
CECO	B	-0.02%
BV	C	-0.02%
SKYW	B	-0.02%
DRVN	C	-0.02%
BBSI	B	-0.02%
CDRE	B	-0.02%
TILE	D	-0.02%
PYCR	D	-0.02%
JOBY	C	-0.02%
GNK	D	-0.02%
AGX	C	-0.02%
NX	F	-0.02%
WNC	F	-0.02%
TPC	C	-0.02%
DLX	D	-0.02%
AMRC	F	-0.02%
CMCO	F	-0.02%
THR	D	-0.02%
MRC	D	-0.02%
TRNS	C	-0.02%
SHLS	F	-0.02%
MRTN	C	-0.02%
MATX	B	-0.02%
JELD	F	-0.02%
SCS	C	-0.02%
KFRC	D	-0.02%
TGI	B	-0.02%
CSGS	F	-0.02%
RUSHB	F	-0.01%
CTOS	F	-0.01%
ULCC	F	-0.01%
DSGR	F	-0.01%
FCEL	F	-0.01%
PLPC	F	-0.01%
SPWR	F	-0.01%
ULH	D	-0.01%
TITN	F	-0.01%
HDSN	F	-0.01%
TWI	F	-0.01%
RGP	F	-0.01%
PBI	A	-0.01%
PL	F	-0.01%
MTW	F	-0.01%
DDD	F	-0.01%
LYTS	D	-0.01%
FC	C	-0.01%
NPK	D	-0.01%
HTZ	F	-0.01%
LQDT	B	-0.01%
ACCO	F	-0.01%
FWRD	D	-0.01%
JBLU	C	-0.01%
PLOW	F	-0.01%
XMTR	F	-0.01%
CNDT	D	-0.01%
HTLD	C	-0.01%
CHPT	D	-0.01%
IIIN	F	-0.01%
ATRO	C	-0.01%
GIC	F	-0.01%
EBF	B	-0.01%
HY	D	-0.01%
GLDD	C	-0.01%
DXPE	D	-0.01%
ASTE	F	-0.01%
HSII	D	-0.01%
KELYA	D	-0.01%
NVRI	C	-0.01%
TTEC	F	-0.0%
ALTG	F	-0.0%
OFLX	F	-0.0%
SNCY	C	-0.0%
EAF	F	-0.0%
ALGT	F	-0.0%
TASK	C	-0.0%
ATSG	C	-0.0%