SMMV vs. SMDY ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to Syntax Stratified MidCap ETF (SMDY)

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$36.29

Average Daily Volume

143,580

Number of Holdings ^*

300

* may have additional holdings in another (foreign) market

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

$41.20

Average Daily Volume

248

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	SMDY
30 Days	-2.60%	-3.61%
60 Days	-0.55%	-0.33%
90 Days	2.00%	1.90%
12 Months	6.62%	13.55%

84 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in SMDY	Overlap
ACHC	D	0.14%	0.54%	0.14%
ADC	B	1.3%	0.07%	0.07%
AM	A	0.74%	0.24%	0.24%
AMED	D	0.24%	0.24%	0.24%
ARW	A	0.2%	0.08%	0.08%
ASH	A	0.34%	0.1%	0.1%
ATR	B	1.15%	0.09%	0.09%
AVT	A	0.63%	0.08%	0.08%
BJ	A	0.86%	0.25%	0.25%
BLKB	B	0.14%	0.44%	0.14%
BRBR	C	0.07%	0.43%	0.07%
BWXT	C	0.67%	0.08%	0.08%
CACI	A	0.76%	0.2%	0.2%
CASY	A	0.45%	0.24%	0.24%
CHE	D	1.5%	0.24%	0.24%
CHH	D	0.1%	0.1%	0.1%
CIEN	D	0.12%	1.04%	0.12%
CNX	A	0.12%	0.1%	0.1%
CRUS	C	0.05%	0.46%	0.05%
CVLT	B	0.95%	0.4%	0.4%
CW	A	0.1%	0.1%	0.1%
DCI	A	0.06%	0.1%	0.06%
DLB	D	1.11%	0.59%	0.59%
DTM	A	0.27%	0.25%	0.25%
EHC	A	0.92%	0.26%	0.26%
EME	A	0.22%	0.16%	0.16%
EXEL	A	1.18%	0.74%	0.74%
FCN	A	0.72%	0.15%	0.15%
FLO	A	1.17%	0.32%	0.32%
GHC	C	0.59%	0.41%	0.41%
GNTX	C	0.66%	0.22%	0.22%
GO	F	0.5%	0.26%	0.26%
GPK	A	0.21%	0.06%	0.06%
HALO	D	0.09%	0.65%	0.09%
HLI	C	0.38%	0.15%	0.15%
HQY	C	0.65%	0.31%	0.31%
HRB	D	0.34%	0.3%	0.3%
IDA	A	1.12%	0.21%	0.21%
INGR	C	0.53%	0.3%	0.3%
IRDM	B	0.12%	0.73%	0.12%
KBR	A	0.51%	0.16%	0.16%
KNF	A	0.11%	0.14%	0.11%
LANC	D	0.53%	0.28%	0.28%
LOPE	C	0.8%	0.41%	0.41%
LSTR	D	1.4%	0.14%	0.14%
MDU	A	1.12%	0.15%	0.15%
MMS	D	0.51%	0.29%	0.29%
MSM	D	0.74%	0.07%	0.07%
MUSA	A	1.61%	0.25%	0.25%
NEU	D	0.99%	0.1%	0.1%
NJR	A	0.25%	0.23%	0.23%
NWE	A	0.73%	0.2%	0.2%
NYT	D	0.17%	0.4%	0.17%
OGE	A	0.32%	0.2%	0.2%
OGS	B	0.37%	0.23%	0.23%
OHI	B	0.43%	0.61%	0.43%
OLLI	D	0.13%	0.22%	0.13%
OPCH	D	0.36%	0.24%	0.24%
ORI	A	1.5%	0.18%	0.18%
PBF	A	0.15%	0.27%	0.15%
PNM	D	0.7%	0.2%	0.2%
POR	A	0.53%	0.21%	0.21%
POST	B	0.88%	0.46%	0.46%
PRGO	A	0.32%	0.71%	0.32%
RGA	A	0.48%	0.31%	0.31%
RGLD	A	1.5%	0.2%	0.2%
RLI	C	1.21%	0.17%	0.17%
RNR	D	0.91%	0.29%	0.29%
SAIC	C	0.74%	0.18%	0.18%
SCI	C	0.4%	0.21%	0.21%
SFM	A	0.97%	0.25%	0.25%
SIGI	D	1.21%	0.17%	0.17%
SLGN	B	0.29%	0.06%	0.06%
SON	C	0.57%	0.06%	0.06%
SR	A	0.07%	0.23%	0.07%
SWX	A	0.06%	0.23%	0.06%
TGNA	F	0.62%	0.38%	0.38%
THG	D	0.93%	0.17%	0.17%
TXRH	A	0.46%	0.63%	0.46%
UNM	C	0.26%	0.36%	0.26%
VSH	C	0.31%	0.14%	0.14%
VVV	C	0.37%	0.1%	0.1%
WEN	A	0.68%	0.65%	0.65%
WERN	F	0.51%	0.14%	0.14%

SMMV Overweight 216 Positions Relative to SMDY

Symbol	Grade	Weight
AXS	D	1.09%
WTM	B	1.04%
ENSG	D	1.03%
NSIT	D	1.0%
ALKS	D	0.89%
PBH	C	0.83%
PSN	C	0.78%
ESGR	C	0.77%
PAGP	A	0.72%
MSGS	B	0.68%
CCOI	D	0.67%
TKO	A	0.66%
AVA	A	0.63%
MGRC	C	0.62%
BRC	A	0.62%
CALM	B	0.59%
PINC	D	0.59%
RYAN	D	0.58%
HESM	D	0.57%
PNW	A	0.57%
CWST	D	0.54%
PDCO	D	0.53%
JJSF	F	0.5%
VRRM	A	0.48%
EQC	F	0.48%
PJT	C	0.46%
PRGS	F	0.46%
LAUR	A	0.45%
IONS	D	0.44%
IDCC	C	0.43%
INSW	A	0.43%
HURN	D	0.42%
FCFS	B	0.42%
REYN	C	0.42%
MGEE	A	0.41%
LLYVK	D	0.41%
XENE	D	0.41%
HCC	A	0.4%
BATRK	C	0.39%
PCVX	D	0.38%
MCY	B	0.37%
CHCO	A	0.37%
HMN	A	0.36%
ADUS	D	0.36%
STRA	A	0.36%
NTCT	D	0.34%
LRN	B	0.33%
CSWI	A	0.32%
LPG	A	0.32%
IDYA	C	0.32%
UNF	D	0.32%
ODP	C	0.31%
SJW	F	0.31%
ROG	C	0.31%
NHC	C	0.3%
WABC	B	0.3%
SAFT	D	0.29%
CWT	C	0.29%
COLL	C	0.29%
EIG	C	0.28%
PRDO	A	0.28%
THS	F	0.28%
HWKN	B	0.27%
NTST	C	0.27%
IRWD	F	0.27%
VIRT	A	0.26%
SNDR	F	0.26%
WMK	B	0.26%
DRS	C	0.26%
WINA	D	0.26%
CRAI	A	0.25%
KRP	A	0.25%
XNCR	D	0.24%
IMKTA	F	0.24%
GTY	B	0.24%
MRTN	D	0.24%
SPNT	C	0.24%
AMSF	F	0.23%
PEBO	A	0.23%
ITCI	B	0.23%
OSIS	B	0.22%
INVA	B	0.21%
JBSS	D	0.21%
RARE	C	0.21%
OSW	C	0.21%
AWR	D	0.21%
VIAV	F	0.21%
BBSI	B	0.2%
RGR	B	0.2%
CRVL	C	0.2%
REX	A	0.19%
SRPT	B	0.19%
CTRE	A	0.19%
CRNX	B	0.19%
COLD	F	0.18%
LLYVA	D	0.18%
CNXN	C	0.18%
CCCS	C	0.18%
AGX	A	0.18%
SUPN	C	0.17%
PARR	D	0.17%
PRA	B	0.17%
DVAX	F	0.17%
MIRM	D	0.17%
ARCH	B	0.17%
CORT	D	0.16%
CBZ	D	0.16%
SHEN	F	0.16%
SPTN	F	0.16%
USLM	A	0.16%
CSGS	F	0.16%
BFC	D	0.16%
VREX	F	0.16%
CWAN	F	0.15%
HSTM	C	0.15%
CPK	A	0.15%
CTBI	A	0.15%
KFRC	C	0.15%
VVX	A	0.14%
CLW	B	0.14%
SMP	D	0.14%
KNTK	A	0.14%
ICFI	C	0.13%
USPH	C	0.13%
UVE	B	0.13%
HCKT	D	0.13%
HUBG	D	0.13%
GTX	B	0.12%
KRYS	D	0.12%
IMXI	B	0.12%
HTLD	F	0.12%
FTRE	D	0.12%
KNSA	C	0.12%
EBF	D	0.12%
NRC	F	0.12%
YORW	C	0.12%
GSBC	A	0.12%
IDT	D	0.12%
PECO	D	0.12%
AMPH	D	0.12%
DHIL	C	0.11%
WT	B	0.11%
LTC	A	0.11%
CASS	D	0.11%
FRPH	B	0.11%
FMNB	D	0.11%
DX	C	0.11%
ACLX	D	0.11%
FPI	D	0.11%
SKWD	D	0.11%
ATGE	B	0.1%
SCHL	D	0.1%
KN	B	0.1%
SMPL	C	0.1%
ATEX	D	0.1%
DJCO	C	0.1%
THFF	B	0.1%
NPK	A	0.1%
TIPT	F	0.09%
GPOR	A	0.09%
INSM	F	0.09%
RXO	F	0.09%
CCBG	D	0.09%
HONE	B	0.09%
TARS	D	0.09%
MLTX	F	0.09%
TBPH	B	0.09%
CRC	A	0.09%
AMN	D	0.09%
UFPT	D	0.09%
TR	F	0.08%
SPFI	B	0.08%
PLXS	A	0.08%
JRVR	F	0.08%
QDEL	F	0.08%
LYTS	B	0.08%
ADMA	A	0.08%
DCPH	C	0.07%
BATRA	D	0.07%
CEIX	B	0.07%
UTZ	B	0.07%
SEB	D	0.07%
VRDN	F	0.07%
VNOM	A	0.07%
SENEA	A	0.07%
ATNI	F	0.07%
DK	B	0.07%
DORM	C	0.07%
USM	B	0.07%
MODN	B	0.07%
MCS	F	0.07%
BHE	A	0.06%
RMR	C	0.06%
MYE	A	0.06%
ZYME	F	0.06%
STEL	F	0.06%
PCRX	F	0.06%
BMEA	F	0.06%
ITOS	F	0.06%
PX	F	0.06%
ARKO	D	0.06%
FOLD	F	0.05%
NBTB	B	0.05%
ADEA	D	0.05%
IRON	F	0.05%
ACEL	B	0.05%
NTGR	C	0.05%
UFCS	D	0.05%
KELYA	D	0.05%
MITK	B	0.05%
CTS	B	0.05%
DGICA	F	0.05%
TH	B	0.04%
CCRN	F	0.04%
ASLE	F	0.02%
IRBT	F	0.01%

SMMV Underweight 306 Positions Relative to SMDY

Symbol	Grade	Weight
SMG	B	-1.88%
COTY	D	-1.57%
LITE	D	-1.11%
GDDY	A	-0.9%
QLYS	A	-0.81%
DT	D	-0.8%
FYBR	C	-0.77%
DOCS	F	-0.76%
CABO	F	-0.73%
UTHR	B	-0.7%
NBIX	C	-0.68%
WING	A	-0.65%
JAZZ	F	-0.65%
ZD	F	-0.63%
ARMK	A	-0.62%
SBRA	C	-0.61%
THC	D	-0.61%
PSTG	A	-0.59%
LNW	C	-0.55%
AMKR	C	-0.54%
MTSI	A	-0.52%
MEDP	C	-0.52%
ONTO	B	-0.49%
ARWR	F	-0.48%
RGEN	D	-0.46%
POWI	D	-0.45%
MKSI	C	-0.45%
COKE	C	-0.45%
RMBS	D	-0.45%
AZTA	D	-0.44%
ALGM	D	-0.44%
LSCC	D	-0.44%
IBKR	A	-0.42%
NXST	D	-0.41%
SF	A	-0.41%
SLAB	D	-0.41%
ASB	B	-0.4%
DBX	C	-0.4%
PCTY	F	-0.4%
TDC	D	-0.4%
LIVN	B	-0.4%
NVST	D	-0.39%
TMHC	B	-0.39%
GMED	F	-0.39%
SYNA	D	-0.39%
WBS	D	-0.39%
TOL	B	-0.39%
ZI	D	-0.39%
CELH	C	-0.38%
ENOV	D	-0.38%
EQH	A	-0.38%
AN	A	-0.38%
PAG	B	-0.37%
KBH	C	-0.37%
MANH	F	-0.37%
CAR	F	-0.36%
BHF	B	-0.36%
KMPR	D	-0.35%
CNO	C	-0.34%
LAD	D	-0.34%
PPC	A	-0.34%
DKS	A	-0.34%
TEX	B	-0.33%
NSP	B	-0.33%
JWN	B	-0.33%
ESAB	A	-0.33%
MSA	A	-0.32%
GPS	C	-0.32%
ERIE	C	-0.32%
AGCO	B	-0.32%
OSK	B	-0.32%
HTZ	F	-0.31%
MORN	D	-0.31%
MTG	B	-0.31%
VOYA	D	-0.31%
WEX	D	-0.31%
FAF	D	-0.31%
AMG	C	-0.31%
FHI	F	-0.31%
CG	B	-0.3%
ST	D	-0.3%
TTC	D	-0.3%
CGNX	C	-0.3%
CROX	C	-0.3%
SEIC	C	-0.3%
JHG	B	-0.3%
DAR	D	-0.3%
PRI	D	-0.3%
ESNT	C	-0.3%
WU	B	-0.29%
LECO	D	-0.29%
WSM	B	-0.29%
COLM	B	-0.29%
MIDD	D	-0.29%
FNF	C	-0.29%
VNT	C	-0.29%
IPGP	D	-0.29%
SKX	B	-0.29%
SAM	F	-0.29%
SWAV	A	-0.28%
M	D	-0.28%
EEFT	C	-0.28%
CRI	F	-0.27%
KEX	A	-0.26%
ETRN	A	-0.26%
ELF	C	-0.26%
BURL	C	-0.26%
NVT	A	-0.25%
AIRC	A	-0.25%
CPRI	F	-0.25%
CLH	B	-0.24%
DINO	D	-0.24%
VST	A	-0.24%
USFD	C	-0.24%
NFG	A	-0.24%
BCO	A	-0.24%
PVH	C	-0.24%
LFUS	D	-0.23%
PFGC	D	-0.23%
AYI	C	-0.23%
BKH	A	-0.23%
FIVE	F	-0.23%
WTRG	B	-0.23%
PGNY	F	-0.23%
HOG	D	-0.23%
VC	D	-0.22%
BC	F	-0.22%
SRCL	F	-0.22%
PII	F	-0.22%
GME	F	-0.22%
THO	F	-0.22%
HAE	A	-0.22%
UGI	A	-0.22%
ENS	D	-0.22%
SLM	A	-0.21%
ALE	A	-0.21%
AA	A	-0.21%
CHX	B	-0.21%
PLNT	D	-0.21%
MP	C	-0.2%
NOV	B	-0.2%
FLR	A	-0.2%
NSA	D	-0.2%
AMH	B	-0.2%
IRT	A	-0.2%
ALLY	A	-0.2%
CMC	D	-0.19%
RS	D	-0.19%
G	F	-0.19%
ORA	F	-0.19%
EXLS	F	-0.19%
KD	D	-0.19%
WFRD	A	-0.19%
TCBI	D	-0.19%
ELS	F	-0.19%
CUBE	D	-0.19%
VAL	D	-0.19%
CNXC	F	-0.18%
CLF	F	-0.18%
SHC	D	-0.18%
JEF	B	-0.17%
AFG	D	-0.17%
KNSL	F	-0.16%
TTEK	A	-0.16%
ACM	A	-0.16%
LII	B	-0.16%
BDC	C	-0.15%
MAN	A	-0.15%
JLL	C	-0.15%
TREX	C	-0.15%
GATX	D	-0.15%
FIX	B	-0.15%
X	D	-0.15%
WHR	F	-0.15%
EXPO	A	-0.15%
YETI	F	-0.15%
R	A	-0.15%
XPO	D	-0.15%
EVR	D	-0.15%
BLD	C	-0.15%
GXO	F	-0.15%
EXP	B	-0.14%
OLED	D	-0.14%
RCM	F	-0.14%
RH	D	-0.14%
CFR	B	-0.14%
LNTH	B	-0.14%
MTZ	B	-0.14%
SAIA	F	-0.14%
APPF	B	-0.14%
MASI	B	-0.14%
CBSH	A	-0.14%
WOLF	F	-0.14%
TPX	C	-0.14%
ASGN	D	-0.14%
MAT	F	-0.14%
CYTK	D	-0.14%
BRKR	D	-0.13%
COHR	C	-0.13%
FHN	B	-0.13%
LEG	F	-0.13%
LPX	C	-0.13%
UMBF	A	-0.13%
HWC	A	-0.13%
FND	C	-0.13%
WTFC	B	-0.13%
KNX	F	-0.13%
NOVT	C	-0.13%
CHDN	A	-0.12%
PEN	F	-0.12%
RYN	D	-0.12%
HELE	F	-0.12%
IART	F	-0.12%
UAA	D	-0.12%
PCH	F	-0.12%
UA	D	-0.12%
GTLS	B	-0.11%
WLK	B	-0.11%
CC	C	-0.11%
AVNT	A	-0.11%
VAC	B	-0.11%
FLS	A	-0.11%
CBT	A	-0.11%
WH	D	-0.1%
CSL	A	-0.1%
CHRD	A	-0.1%
GLPI	F	-0.1%
WTS	D	-0.1%
CUZ	B	-0.1%
OC	A	-0.1%
MTN	F	-0.1%
OLN	C	-0.1%
PK	C	-0.1%
WMS	C	-0.1%
AXTA	D	-0.1%
HGV	C	-0.1%
GGG	D	-0.1%
TNL	B	-0.1%
H	C	-0.1%
VNO	C	-0.1%
NEOG	D	-0.1%
BYD	F	-0.1%
RRX	C	-0.09%
HXL	D	-0.09%
CNM	A	-0.09%
TKR	D	-0.09%
WWD	A	-0.09%
SNX	A	-0.09%
MTDR	A	-0.09%
ITT	B	-0.09%
XRAY	F	-0.09%
CIVI	A	-0.09%
SWN	A	-0.09%
OVV	A	-0.09%
VMI	F	-0.09%
RRC	A	-0.09%
LEA	D	-0.09%
ALV	B	-0.09%
CHK	A	-0.09%
GT	F	-0.09%
CACC	D	-0.09%
KRC	D	-0.09%
PENN	D	-0.09%
RPM	D	-0.09%
AR	A	-0.09%
PR	A	-0.09%
MUR	A	-0.09%
ADNT	D	-0.08%
WCC	F	-0.08%
FR	D	-0.08%
WSO	A	-0.08%
WPC	F	-0.08%
EGP	F	-0.08%
STAG	D	-0.08%
AIT	D	-0.08%
RBC	D	-0.08%
EPR	D	-0.07%
NNN	C	-0.07%
KRG	A	-0.07%
LAMR	B	-0.07%
REXR	F	-0.07%
SSD	D	-0.07%
BERY	D	-0.06%
CCK	B	-0.06%
GBCI	C	-0.06%
FFIN	C	-0.06%
NYCB	F	-0.06%
GEF	D	-0.06%
SSB	D	-0.06%
COLB	C	-0.06%
VLY	F	-0.06%
UFPI	C	-0.06%
PNFP	C	-0.06%
ONB	B	-0.06%
SNV	C	-0.06%
UBSI	D	-0.06%
PB	B	-0.06%
STWD	C	-0.06%
FNB	B	-0.06%
HOMB	A	-0.06%
EWBC	B	-0.06%
ZION	B	-0.06%
CADE	A	-0.06%
OZK	A	-0.06%
BRX	C	-0.06%
IBOC	A	-0.06%