SMDY vs. JPUS ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to JPMorgan Diversified Return U.S. Equity ETF (JPUS)

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

JPUS

JPMorgan Diversified Return U.S. Equity ETF

JPUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Diversified Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser. Holdings in the underlying index are selected by the index provider primarily from the constituents of the Russell 1000 Index, a larger Russell index, which is comprised of large- and mid-cap equity securities in the United States.

Grade (RS Rating)

Last Trade

$119.39

Average Daily Volume

7,310

Number of Holdings ^*

354

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	JPUS
30 Days	0.32%	2.78%
60 Days	0.23%	5.63%
90 Days	3.92%	9.88%
12 Months	21.05%	28.71%

92 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in JPUS	Overlap
AFG	C	0.17%	0.06%	0.06%
ALLY	F	0.22%	0.22%	0.22%
AM	B	0.22%	0.36%	0.22%
ASH	F	0.08%	0.15%	0.08%
BRBR	B	0.45%	0.12%	0.12%
BRX	C	0.08%	0.38%	0.08%
CACI	B	0.19%	0.14%	0.14%
CASY	D	0.22%	0.36%	0.22%
CC	D	0.07%	0.01%	0.01%
CELH	F	0.22%	0.21%	0.21%
CHE	C	0.21%	0.17%	0.17%
CHK	C	0.06%	0.1%	0.06%
CIEN	B	1.42%	0.35%	0.35%
CLF	F	0.13%	0.17%	0.13%
CLH	C	0.19%	0.41%	0.19%
CNM	F	0.06%	0.18%	0.06%
COKE	C	0.53%	0.13%	0.13%
CRI	D	0.29%	0.03%	0.03%
CSL	B	0.09%	0.16%	0.09%
CUBE	C	0.22%	0.42%	0.22%
DINO	F	0.18%	0.25%	0.18%
DKS	D	0.27%	0.36%	0.27%
DLB	D	0.52%	0.06%	0.06%
DTM	C	0.24%	0.05%	0.05%
EGP	C	0.08%	0.07%	0.07%
EPR	C	0.07%	0.19%	0.07%
EXP	B	0.16%	0.19%	0.16%
FLO	C	0.28%	0.24%	0.24%
FNF	B	0.35%	0.36%	0.35%
FR	C	0.09%	0.17%	0.09%
FYBR	C	1.55%	0.5%	0.5%
GAP	F	0.23%	0.17%	0.17%
GLPI	C	0.14%	0.37%	0.14%
GNTX	D	0.19%	0.28%	0.19%
HOG	C	0.24%	0.04%	0.04%
HRB	C	0.34%	0.46%	0.34%
IDA	B	0.27%	0.09%	0.09%
INGR	B	0.33%	0.43%	0.33%
IRDM	C	1.23%	0.07%	0.07%
ITT	B	0.08%	0.22%	0.08%
JEF	C	0.22%	0.25%	0.22%
JLL	B	0.17%	0.46%	0.17%
KRC	C	0.11%	0.17%	0.11%
LAMR	B	0.07%	0.42%	0.07%
LOPE	D	0.29%	0.08%	0.08%
LPX	B	0.14%	0.08%	0.08%
LSTR	D	0.18%	0.04%	0.04%
M	F	0.23%	0.17%	0.17%
MEDP	F	0.31%	0.21%	0.21%
MSM	D	0.08%	0.25%	0.08%
MTG	B	0.34%	0.36%	0.34%
NEU	D	0.08%	0.18%	0.08%
NFG	B	0.23%	0.31%	0.23%
NNN	B	0.07%	0.2%	0.07%
NXST	D	0.31%	0.35%	0.31%
OC	C	0.08%	0.3%	0.08%
OGE	B	0.27%	0.36%	0.27%
OHI	C	0.69%	0.43%	0.43%
OLN	D	0.08%	0.27%	0.08%
ORI	B	0.19%	0.29%	0.19%
PAG	D	0.47%	0.32%	0.32%
PFGC	B	0.32%	0.41%	0.32%
PK	D	0.1%	0.23%	0.1%
POST	B	0.47%	0.41%	0.41%
PPC	D	0.34%	0.09%	0.09%
R	C	0.17%	0.15%	0.15%
RGA	C	0.3%	0.16%	0.16%
RPM	B	0.11%	0.27%	0.11%
RRC	D	0.06%	0.05%	0.05%
RS	D	0.17%	0.35%	0.17%
SAIC	C	0.23%	0.09%	0.09%
SAM	D	0.28%	0.2%	0.2%
SCI	C	0.23%	0.17%	0.17%
SLM	C	0.26%	0.09%	0.09%
SNX	C	0.07%	0.23%	0.07%
SON	D	0.05%	0.01%	0.01%
STAG	D	0.08%	0.26%	0.08%
STWD	B	0.06%	0.19%	0.06%
THC	C	0.66%	0.2%	0.2%
TKR	C	0.08%	0.21%	0.08%
TNL	C	0.1%	0.05%	0.05%
TOL	A	0.47%	0.47%	0.47%
UGI	B	0.23%	0.24%	0.23%
UNM	B	0.37%	0.42%	0.37%
USFD	C	0.33%	0.44%	0.33%
UTHR	B	0.5%	0.37%	0.37%
VVV	D	0.09%	0.1%	0.09%
WLK	C	0.09%	0.36%	0.09%
WPC	C	0.08%	0.26%	0.08%
WSM	C	0.21%	0.36%	0.21%
WU	C	0.27%	0.13%	0.13%
X	F	0.16%	0.3%	0.16%

SMDY Overweight 299 Positions Relative to JPUS

Symbol	Grade	Weight
SMG	B	2.01%
COTY	D	1.55%
DOCS	B	1.52%
LITE	B	1.41%
ZD	D	0.98%
DT	C	0.84%
SBRA	C	0.73%
QLYS	D	0.67%
ACHC	D	0.65%
ARMK	B	0.62%
WING	C	0.58%
WEN	C	0.58%
TXRH	B	0.58%
LNW	F	0.54%
LAD	B	0.51%
ERIE	B	0.5%
AMKR	F	0.48%
EXEL	C	0.48%
TMHC	B	0.46%
KBH	C	0.46%
ILMN	D	0.45%
MTSI	C	0.45%
HALO	D	0.45%
CRUS	D	0.44%
AN	C	0.44%
SF	B	0.43%
WBS	C	0.43%
SLAB	D	0.42%
IBKR	B	0.42%
RGEN	F	0.42%
PSTG	F	0.41%
CNO	C	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%
PRGO	F	0.39%
GMED	D	0.39%
CVLT	B	0.38%
LSCC	D	0.38%
PRI	B	0.38%
JAZZ	D	0.38%
POWI	F	0.37%
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%
RNR	B	0.34%
CAR	D	0.34%
DBX	C	0.34%
NBIX	F	0.34%
BURL	C	0.33%
HAE	D	0.33%
MIDD	C	0.33%
CPRI	D	0.33%
BHF	F	0.33%
AZTA	F	0.33%
FAF	B	0.33%
AMG	C	0.33%
BMRN	F	0.33%
EQH	C	0.33%
ESNT	B	0.32%
ESAB	C	0.32%
TGNA	C	0.32%
BLKB	C	0.32%
FHI	B	0.32%
JHG	B	0.32%
ARWR	F	0.31%
MORN	C	0.31%
TKO	A	0.31%
RMBS	F	0.3%
VOYA	B	0.3%
JWN	C	0.3%
NYT	B	0.3%
CG	C	0.3%
LECO	D	0.29%
SEIC	B	0.29%
APPF	C	0.29%
MMS	B	0.29%
TEX	F	0.28%
ALTR	C	0.28%
DAR	F	0.28%
NWE	A	0.27%
PNM	B	0.27%
WMG	D	0.27%
COLM	C	0.27%
MSA	D	0.27%
AGCO	D	0.26%
TDC	D	0.26%
BJ	D	0.26%
HQY	C	0.26%
ST	D	0.26%
POR	B	0.26%
EEFT	F	0.26%
OSK	F	0.26%
TTC	F	0.25%
OGS	B	0.25%
OPCH	C	0.25%
SKX	C	0.25%
EHC	B	0.25%
LANC	F	0.25%
NSP	F	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%
CGNX	F	0.24%
ALE	A	0.24%
BKH	B	0.24%
ZI	D	0.24%
THO	C	0.24%
BC	C	0.23%
FIVE	D	0.23%
KEX	C	0.23%
RH	C	0.23%
IPGP	D	0.23%
NJR	C	0.23%
G	C	0.23%
SR	B	0.23%
EXLS	B	0.23%
AMED	D	0.23%
NSA	C	0.22%
GME	D	0.22%
PII	D	0.22%
MUSA	D	0.21%
RYAN	C	0.21%
WTRG	D	0.21%
SWX	C	0.21%
LFUS	C	0.21%
ELS	D	0.21%
IRT	C	0.21%
THG	C	0.2%
ENS	C	0.2%
CNXC	F	0.2%
AMH	D	0.2%
LNTH	D	0.2%
MP	C	0.19%
KNX	C	0.19%
BCO	B	0.19%
PEN	D	0.19%
VC	F	0.19%
LII	C	0.18%
GXO	D	0.18%
SRCL	B	0.18%
NVT	C	0.18%
SAIA	D	0.18%
RGLD	C	0.18%
XPO	D	0.18%
AVTR	C	0.18%
XRAY	D	0.18%
UAA	C	0.17%
WHR	C	0.17%
MAT	D	0.17%
CMC	D	0.17%
TPX	B	0.17%
KD	F	0.17%
EXPO	B	0.17%
ANF	D	0.17%
CHX	F	0.17%
FLR	D	0.17%
RBA	D	0.17%
FIX	B	0.17%
HLI	C	0.17%
EVR	B	0.17%
BRKR	D	0.16%
RCM	C	0.16%
ELF	F	0.16%
TTEK	C	0.16%
FCN	C	0.16%
NOV	F	0.16%
KNF	C	0.16%
ACM	B	0.16%
UA	C	0.16%
KNSL	D	0.16%
MTZ	C	0.16%
RLI	B	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%
SIGI	D	0.15%
NOVT	D	0.14%
KBR	D	0.14%
PCH	C	0.14%
MDU	B	0.14%
MAN	C	0.14%
UMBF	C	0.14%
VNO	B	0.14%
PGNY	F	0.14%
BDC	B	0.14%
ASGN	D	0.14%
GATX	D	0.14%
BYD	C	0.14%
MASI	C	0.14%
BLD	C	0.14%
NEOG	D	0.14%
TCBI	C	0.13%
VAL	F	0.13%
RYN	C	0.13%
OLED	D	0.13%
WFRD	F	0.13%
CFR	C	0.12%
CUZ	C	0.12%
WTFC	C	0.12%
CHDN	D	0.12%
HWC	D	0.12%
TREX	F	0.12%
CBSH	D	0.12%
AVNT	B	0.11%
CHH	B	0.11%
FHN	D	0.11%
DCI	C	0.1%
AAON	B	0.1%
VSH	F	0.1%
GGG	C	0.1%
LEA	D	0.1%
AXTA	B	0.1%
WTS	C	0.1%
RBC	B	0.1%
FLS	C	0.1%
CBT	B	0.1%
WH	B	0.1%
SSD	C	0.09%
CNX	B	0.09%
HGV	F	0.09%
HXL	F	0.09%
RRX	C	0.09%
MTN	D	0.09%
HELE	D	0.09%
VMI	C	0.09%
ATR	B	0.09%
ADNT	D	0.09%
H	B	0.09%
WWD	C	0.08%
ARW	B	0.08%
BWXT	A	0.08%
ADC	C	0.08%
FFIN	C	0.08%
VLY	D	0.08%
WMS	D	0.08%
AIT	B	0.08%
ALV	F	0.08%
VAC	D	0.08%
CW	B	0.08%
COLB	B	0.08%
GTLS	F	0.08%
REXR	C	0.08%
SSB	C	0.08%
TPL	C	0.08%
OZK	F	0.07%
CACC	F	0.07%
PR	F	0.07%
ZION	D	0.07%
HOMB	D	0.07%
ONB	D	0.07%
CADE	C	0.07%
UFPI	C	0.07%
SWN	C	0.07%
UBSI	D	0.07%
SNV	D	0.07%
EWBC	C	0.07%
CR	B	0.07%
AVT	B	0.07%
GBCI	C	0.07%
KRG	C	0.07%
GT	F	0.07%
PB	D	0.07%
PNFP	C	0.07%
CHRD	F	0.06%
CIVI	F	0.06%
CCK	B	0.06%
WCC	C	0.06%
AR	C	0.06%
BERY	B	0.06%
SLGN	B	0.06%
OVV	F	0.06%
FNB	D	0.06%
MUR	F	0.06%
IBOC	D	0.06%
MTDR	F	0.06%
GEF	C	0.05%
GPK	C	0.05%
WOLF	F	0.04%
WSO	C	0.04%

SMDY Underweight 262 Positions Relative to JPUS

Symbol	Grade	Weight
K	A	-0.51%
TRGP	C	-0.47%
DHI	C	-0.47%
PGR	C	-0.46%
IRM	C	-0.46%
PHM	B	-0.46%
NVR	B	-0.45%
HCA	B	-0.44%
UHS	C	-0.44%
LEN	B	-0.44%
T	B	-0.44%
MSI	B	-0.43%
PM	C	-0.43%
FCNCA	D	-0.43%
ETR	A	-0.43%
CAG	B	-0.42%
CPB	C	-0.42%
PEG	B	-0.42%
EIX	B	-0.42%
ANET	C	-0.42%
HIG	B	-0.42%
PNW	C	-0.41%
TAP	D	-0.41%
AMGN	D	-0.41%
BRK.A	C	-0.41%
SPG	B	-0.41%
NI	B	-0.41%
KO	B	-0.41%
SO	B	-0.41%
MO	C	-0.41%
TMUS	B	-0.41%
MDLZ	C	-0.41%
KR	B	-0.4%
KVUE	B	-0.4%
GIS	B	-0.4%
SYF	C	-0.4%
JNPR	A	-0.4%
PPL	A	-0.4%
WELL	C	-0.4%
VZ	A	-0.4%
DVA	B	-0.4%
LMT	A	-0.4%
META	B	-0.4%
VST	B	-0.39%
ROKU	D	-0.39%
PWR	B	-0.39%
XOM	D	-0.39%
PEP	D	-0.39%
REG	C	-0.39%
CMCSA	C	-0.39%
CL	C	-0.39%
ESS	C	-0.39%
AFL	A	-0.39%
REGN	D	-0.39%
KHC	C	-0.39%
ETN	C	-0.38%
HST	D	-0.38%
PSA	C	-0.38%
GWW	B	-0.38%
LLY	D	-0.38%
GD	C	-0.38%
ORCL	B	-0.38%
RSG	D	-0.38%
SYY	C	-0.38%
ADM	D	-0.38%
BLDR	C	-0.38%
ED	B	-0.38%
CI	C	-0.38%
WM	D	-0.37%
D	C	-0.37%
KMB	C	-0.37%
ADI	C	-0.37%
ABBV	B	-0.37%
CLX	C	-0.37%
COF	B	-0.37%
PCG	C	-0.37%
FE	B	-0.37%
PG	C	-0.37%
LOW	B	-0.36%
BG	F	-0.36%
VICI	C	-0.36%
TSCO	B	-0.36%
CSCO	B	-0.36%
LYB	D	-0.36%
XEL	B	-0.36%
SCCO	C	-0.36%
MMC	C	-0.36%
VRTX	D	-0.36%
AAPL	C	-0.36%
GRMN	D	-0.36%
AZO	B	-0.35%
PH	B	-0.35%
WEC	B	-0.35%
ORLY	B	-0.35%
ELV	D	-0.35%
APH	C	-0.35%
ACGL	B	-0.35%
STZ	C	-0.35%
CMI	B	-0.35%
SRE	B	-0.35%
MSFT	C	-0.35%
IP	C	-0.35%
CTSH	B	-0.35%
EVRG	B	-0.35%
UNH	C	-0.35%
WY	C	-0.35%
CEG	C	-0.35%
DGX	B	-0.35%
MPC	F	-0.35%
EXC	B	-0.34%
INTU	D	-0.34%
MNST	D	-0.34%
FAST	C	-0.34%
PSX	F	-0.34%
CE	D	-0.34%
KLAC	D	-0.34%
DUK	B	-0.34%
TJX	C	-0.34%
CHD	C	-0.34%
GILD	B	-0.33%
KIM	C	-0.33%
DHR	B	-0.33%
NVDA	C	-0.33%
EQIX	B	-0.33%
AOS	B	-0.33%
AVB	C	-0.33%
CHTR	D	-0.33%
KMI	C	-0.33%
WMB	C	-0.33%
CAH	C	-0.33%
CTRA	F	-0.32%
DTE	A	-0.32%
MRK	F	-0.32%
ITW	B	-0.32%
HUBB	B	-0.32%
ZTS	B	-0.32%
VLO	F	-0.32%
STLD	C	-0.32%
BAH	B	-0.32%
ABT	C	-0.32%
AVGO	C	-0.32%
ACN	C	-0.31%
NTAP	D	-0.31%
CF	B	-0.31%
CVX	F	-0.31%
IT	C	-0.31%
FANG	F	-0.31%
HOLX	D	-0.31%
CTVA	B	-0.31%
ALSN	B	-0.31%
MCK	F	-0.31%
MAS	B	-0.31%
CMS	B	-0.3%
LNG	D	-0.3%
EMN	B	-0.3%
EG	B	-0.3%
AMAT	D	-0.3%
DOW	C	-0.3%
CNP	C	-0.3%
CBOE	C	-0.29%
NUE	D	-0.29%
HRL	F	-0.29%
UNP	D	-0.29%
CDNS	D	-0.29%
CB	B	-0.29%
TSN	D	-0.29%
MRO	D	-0.29%
ACI	F	-0.29%
LIN	B	-0.28%
SYK	C	-0.28%
STE	B	-0.28%
HBAN	B	-0.28%
FITB	B	-0.28%
ECL	B	-0.28%
ESI	C	-0.27%
COP	F	-0.27%
BAC	D	-0.27%
SPB	B	-0.27%
EQT	C	-0.27%
PKG	B	-0.27%
EOG	D	-0.27%
CAT	B	-0.26%
LRCX	D	-0.26%
VTR	C	-0.26%
DRI	C	-0.26%
HUN	C	-0.26%
ROST	C	-0.26%
CVS	D	-0.26%
SJM	C	-0.25%
DOX	C	-0.25%
MDT	B	-0.25%
HPE	C	-0.25%
BBY	A	-0.25%
AMP	B	-0.24%
FCX	C	-0.24%
WST	D	-0.24%
TGT	C	-0.24%
GEHC	B	-0.24%
NEM	C	-0.23%
AME	C	-0.23%
BPOP	C	-0.22%
EQR	C	-0.22%
QCOM	D	-0.22%
MAA	C	-0.22%
PFE	D	-0.22%
VTRS	D	-0.21%
BMY	C	-0.21%
BDX	D	-0.2%
XP	D	-0.2%
PLD	C	-0.2%
KDP	B	-0.19%
CCI	C	-0.19%
OMF	D	-0.19%
RHI	D	-0.18%
F	F	-0.18%
TMO	B	-0.18%
CPT	C	-0.18%
APO	B	-0.17%
HIW	C	-0.16%
MOS	F	-0.16%
AVY	C	-0.15%
ATO	B	-0.15%
IPG	C	-0.15%
MOH	D	-0.15%
SWKS	F	-0.15%
EA	D	-0.15%
BKNG	B	-0.14%
CSX	C	-0.13%
VIRT	C	-0.12%
STT	B	-0.12%
IBM	B	-0.11%
WRB	D	-0.11%
USB	C	-0.1%
GOOGL	D	-0.1%
DFS	C	-0.1%
PFG	B	-0.1%
UI	B	-0.1%
PRU	C	-0.09%
FRT	C	-0.09%
OXY	F	-0.09%
CARR	B	-0.09%
CSGP	D	-0.08%
RF	B	-0.08%
NKE	D	-0.07%
OTIS	B	-0.07%
CFG	D	-0.06%
CBRE	B	-0.05%
ADBE	F	-0.05%
PCAR	D	-0.05%
KEY	C	-0.05%
CWEN	A	-0.05%
LEG	D	-0.04%
HUM	F	-0.04%
AGO	D	-0.04%
VLTO	B	-0.04%
SSNC	C	-0.04%
FTRE	F	-0.03%
LBRDK	C	-0.03%
KSS	D	-0.01%
AEE	B	-0.01%
GO	F	-0.01%
LW	D	-0.01%