SPUS vs. SSPY ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to Syntax Stratified LargeCap ETF (SSPY)

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY 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 in the Syntax Stratified LargeCap Index (the "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 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	SSPY
30 Days	1.91%	4.23%
60 Days	2.94%	1.79%
90 Days	3.81%	3.72%
12 Months	29.89%	23.81%

222 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in SSPY	Overlap
A	D	0.12%	0.15%	0.12%
AAPL	C	11.07%	0.5%	0.5%
ABBV	D	0.94%	0.24%	0.24%
ABT	B	0.64%	0.06%	0.06%
ACN	C	0.71%	0.13%	0.13%
ADBE	C	0.7%	0.16%	0.16%
ADI	D	0.33%	0.22%	0.22%
ADM	D	0.08%	0.37%	0.08%
ADSK	A	0.21%	0.17%	0.17%
AKAM	D	0.04%	0.27%	0.04%
ALB	C	0.04%	0.05%	0.04%
ALGN	D	0.05%	0.1%	0.05%
ALLE	D	0.04%	0.08%	0.04%
AMAT	F	0.45%	0.18%	0.18%
AMD	F	0.71%	0.14%	0.14%
AME	A	0.14%	0.13%	0.13%
AMZN	C	6.03%	0.22%	0.22%
ANET	C	0.31%	0.21%	0.21%
ANSS	B	0.1%	0.17%	0.1%
AOS	F	0.03%	0.21%	0.03%
APD	A	0.23%	0.05%	0.05%
APH	A	0.27%	0.19%	0.19%
APTV	D	0.04%	0.4%	0.04%
AVB	B	0.1%	0.1%	0.1%
AVGO	D	2.42%	0.23%	0.23%
AVY	D	0.05%	0.06%	0.05%
AZO	C	0.17%	0.14%	0.14%
BBY	D	0.05%	0.17%	0.05%
BDX	F	0.2%	0.05%	0.05%
BIIB	F	0.07%	0.24%	0.07%
BKNG	A	0.53%	0.11%	0.11%
BKR	B	0.14%	0.35%	0.14%
BLDR	D	0.06%	0.19%	0.06%
BSX	B	0.42%	0.06%	0.06%
CAH	B	0.09%	0.19%	0.09%
CDNS	B	0.26%	0.33%	0.26%
CDW	F	0.07%	0.13%	0.07%
CEG	D	0.23%	0.38%	0.23%
CF	B	0.05%	0.09%	0.05%
CHD	B	0.09%	0.42%	0.09%
CHRW	C	0.04%	0.09%	0.04%
CL	D	0.24%	0.41%	0.24%
CLX	B	0.07%	0.41%	0.07%
CMI	A	0.16%	0.08%	0.08%
COP	C	0.42%	0.07%	0.07%
COR	B	0.14%	0.18%	0.14%
CPRT	A	0.15%	0.23%	0.15%
CPT	B	0.04%	0.11%	0.04%
CRL	C	0.03%	0.14%	0.03%
CRM	B	1.0%	0.35%	0.35%
CSCO	B	0.74%	0.21%	0.21%
CSX	B	0.21%	0.08%	0.08%
CTAS	B	0.24%	0.18%	0.18%
CTRA	B	0.06%	0.17%	0.06%
CTSH	B	0.12%	0.13%	0.12%
CTVA	C	0.13%	0.08%	0.08%
DD	D	0.11%	0.05%	0.05%
DECK	A	0.09%	0.3%	0.09%
DHI	D	0.15%	0.24%	0.15%
DHR	F	0.48%	0.1%	0.1%
DOV	A	0.09%	0.17%	0.09%
DVN	F	0.08%	0.16%	0.08%
DXCM	D	0.1%	0.1%	0.1%
EBAY	D	0.09%	0.22%	0.09%
ECL	D	0.19%	0.05%	0.05%
EFX	F	0.1%	0.04%	0.04%
EL	F	0.05%	0.5%	0.05%
EMR	A	0.24%	0.03%	0.03%
ENPH	F	0.03%	0.26%	0.03%
EOG	A	0.25%	0.07%	0.07%
EPAM	C	0.04%	0.13%	0.04%
EQIX	A	0.28%	0.27%	0.27%
EQR	B	0.08%	0.1%	0.08%
ETN	A	0.46%	0.26%	0.26%
EW	C	0.13%	0.06%	0.06%
EXPD	D	0.05%	0.09%	0.05%
FAST	B	0.15%	0.13%	0.13%
FCX	D	0.2%	0.3%	0.2%
FFIV	B	0.04%	0.21%	0.04%
FICO	B	0.18%	0.05%	0.05%
FSLR	F	0.06%	0.2%	0.06%
FTNT	C	0.19%	0.17%	0.17%
FTV	C	0.08%	0.03%	0.03%
GEHC	F	0.12%	0.1%	0.1%
GILD	C	0.35%	0.25%	0.25%
GIS	D	0.11%	0.21%	0.11%
GLW	B	0.12%	0.19%	0.12%
GNRC	B	0.03%	0.08%	0.03%
GOOG	C	2.71%	0.23%	0.23%
GOOGL	C	3.28%	0.23%	0.23%
GPC	D	0.05%	0.15%	0.05%
GRMN	B	0.1%	0.33%	0.1%
GWW	B	0.17%	0.12%	0.12%
HAL	C	0.09%	0.34%	0.09%
HD	A	1.26%	0.26%	0.26%
HES	B	0.13%	0.07%	0.07%
HOLX	D	0.06%	0.1%	0.06%
HON	B	0.47%	0.17%	0.17%
HPQ	B	0.11%	0.35%	0.11%
HSIC	B	0.03%	0.2%	0.03%
HSY	F	0.08%	0.18%	0.08%
HUBB	B	0.08%	0.26%	0.08%
IDXX	F	0.11%	0.1%	0.1%
IEX	B	0.05%	0.2%	0.05%
INCY	C	0.04%	0.25%	0.04%
IR	B	0.13%	0.2%	0.13%
ISRG	A	0.61%	0.12%	0.12%
IT	C	0.13%	0.13%	0.13%
ITW	B	0.23%	0.17%	0.17%
J	F	0.05%	0.4%	0.05%
JBHT	C	0.05%	0.08%	0.05%
JBL	B	0.05%	0.38%	0.05%
JCI	C	0.18%	0.08%	0.08%
JNJ	D	1.17%	0.24%	0.24%
JNPR	F	0.04%	0.2%	0.04%
K	A	0.07%	0.18%	0.07%
KDP	D	0.11%	0.24%	0.11%
KEYS	A	0.09%	0.21%	0.09%
KLAC	D	0.26%	0.17%	0.17%
KMB	D	0.15%	0.42%	0.15%
KVUE	A	0.14%	0.42%	0.14%
LH	C	0.06%	0.16%	0.06%
LIN	D	0.69%	0.04%	0.04%
LKQ	D	0.03%	0.14%	0.03%
LLY	F	1.89%	0.23%	0.23%
LOW	D	0.48%	0.26%	0.26%
LULU	C	0.11%	0.31%	0.11%
LW	C	0.03%	0.22%	0.03%
MAA	B	0.06%	0.1%	0.06%
MAS	D	0.05%	0.19%	0.05%
MCHP	D	0.11%	0.14%	0.11%
MCK	B	0.26%	0.18%	0.18%
MDLZ	F	0.27%	0.18%	0.18%
MDT	D	0.34%	0.06%	0.06%
META	D	3.93%	0.47%	0.47%
MHK	D	0.02%	0.19%	0.02%
MKC	D	0.06%	0.21%	0.06%
MLM	B	0.11%	0.17%	0.11%
MMM	D	0.22%	0.17%	0.17%
MNST	C	0.12%	0.25%	0.12%
MOH	F	0.05%	0.25%	0.05%
MOS	F	0.03%	0.08%	0.03%
MPWR	F	0.09%	0.22%	0.09%
MRK	F	0.79%	0.24%	0.24%
MSFT	F	9.82%	0.32%	0.32%
MSI	B	0.26%	0.49%	0.26%
MTD	D	0.08%	0.15%	0.08%
MU	D	0.35%	0.15%	0.15%
NDSN	B	0.04%	0.03%	0.03%
NEM	D	0.16%	0.25%	0.16%
NKE	D	0.28%	0.33%	0.28%
NOW	A	0.67%	0.22%	0.22%
NSC	B	0.19%	0.08%	0.08%
NTAP	C	0.08%	0.17%	0.08%
NUE	C	0.11%	0.26%	0.11%
NVDA	C	11.41%	0.13%	0.13%
NXPI	D	0.18%	0.23%	0.18%
ODFL	B	0.13%	0.08%	0.08%
ON	D	0.09%	0.23%	0.09%
ORLY	B	0.22%	0.14%	0.14%
OTIS	C	0.13%	0.08%	0.08%
PANW	C	0.4%	0.16%	0.16%
PAYC	B	0.03%	0.22%	0.03%
PEP	F	0.69%	0.18%	0.18%
PG	A	1.28%	0.42%	0.42%
PH	A	0.28%	0.08%	0.08%
PHM	D	0.08%	0.25%	0.08%
PKG	A	0.07%	0.06%	0.06%
PLD	D	0.34%	0.06%	0.06%
PNR	A	0.05%	0.19%	0.05%
PODD	C	0.06%	0.1%	0.06%
POOL	C	0.04%	0.13%	0.04%
PPG	F	0.09%	0.07%	0.07%
PTC	A	0.07%	0.17%	0.07%
PWR	A	0.16%	0.4%	0.16%
QCOM	F	0.55%	0.22%	0.22%
QRVO	F	0.02%	0.21%	0.02%
REGN	F	0.25%	0.22%	0.22%
RL	B	0.03%	0.32%	0.03%
RMD	C	0.11%	0.09%	0.09%
ROK	B	0.1%	0.03%	0.03%
ROL	B	0.04%	0.18%	0.04%
ROP	B	0.19%	0.03%	0.03%
ROST	C	0.15%	0.72%	0.15%
RSG	A	0.14%	0.18%	0.14%
SHW	A	0.27%	0.06%	0.06%
SLB	C	0.2%	0.35%	0.2%
SMCI	F	0.04%	0.15%	0.04%
SNPS	B	0.26%	0.34%	0.26%
STE	F	0.07%	0.12%	0.07%
STLD	B	0.07%	0.27%	0.07%
SWKS	F	0.04%	0.21%	0.04%
SYK	C	0.42%	0.12%	0.12%
TECH	D	0.03%	0.15%	0.03%
TER	D	0.05%	0.17%	0.05%
TFX	F	0.03%	0.05%	0.03%
TGT	F	0.18%	0.17%	0.17%
TJX	A	0.43%	0.72%	0.43%
TMO	F	0.62%	0.14%	0.14%
TRMB	B	0.05%	0.03%	0.03%
TSCO	D	0.09%	0.12%	0.09%
TSLA	B	3.02%	0.28%	0.28%
TT	A	0.3%	0.07%	0.07%
TXN	C	0.58%	0.23%	0.23%
TYL	B	0.08%	0.22%	0.08%
UBER	D	0.46%	0.11%	0.11%
ULTA	F	0.05%	0.17%	0.05%
UNP	C	0.45%	0.08%	0.08%
UPS	C	0.31%	0.09%	0.09%
VLO	C	0.14%	0.5%	0.14%
VLTO	D	0.08%	0.03%	0.03%
VMC	B	0.12%	0.17%	0.12%
VRSN	F	0.05%	0.27%	0.05%
WAB	B	0.11%	0.13%	0.11%
WAT	B	0.07%	0.15%	0.07%
WM	A	0.25%	0.18%	0.18%
WST	C	0.07%	0.05%	0.05%
WY	D	0.07%	0.17%	0.07%
XOM	B	1.7%	0.77%	0.77%
XYL	D	0.09%	0.19%	0.09%
ZBH	C	0.07%	0.12%	0.07%
ZBRA	B	0.06%	0.13%	0.06%

SPUS Overweight 1 Positions Relative to SSPY

	Symbol	Grade	Weight
	LRCX	F	0.29%

SPUS Underweight 278 Positions Relative to SSPY

Symbol	Grade	Weight
CVX	A	-0.76%
SYY	B	-0.75%
KR	B	-0.74%
WMT	A	-0.73%
COST	B	-0.71%
COF	B	-0.7%
SYF	B	-0.69%
CVS	D	-0.69%
DFS	B	-0.69%
WBA	F	-0.64%
CMCSA	B	-0.52%
DPZ	C	-0.52%
PSX	C	-0.51%
DRI	B	-0.51%
YUM	B	-0.51%
CMG	B	-0.5%
MCD	D	-0.5%
BRK.A	B	-0.5%
EA	A	-0.49%
MPC	D	-0.49%
TTWO	A	-0.49%
L	A	-0.49%
SBUX	A	-0.48%
CHTR	C	-0.47%
MTCH	D	-0.47%
BWA	D	-0.42%
VST	B	-0.41%
BG	F	-0.37%
TSN	B	-0.36%
HRL	D	-0.36%
PM	B	-0.35%
MO	A	-0.35%
IPG	D	-0.34%
IBM	C	-0.34%
OMC	C	-0.34%
ORCL	B	-0.34%
TMUS	B	-0.33%
ATO	A	-0.33%
TPR	B	-0.33%
NI	A	-0.33%
VZ	C	-0.33%
T	A	-0.33%
NRG	B	-0.33%
HCA	F	-0.33%
AES	F	-0.32%
AWK	D	-0.32%
UHS	D	-0.32%
EXC	C	-0.3%
DAL	C	-0.28%
UAL	A	-0.28%
SWK	D	-0.27%
GDDY	A	-0.27%
CNP	B	-0.26%
PEG	A	-0.26%
HAS	D	-0.26%
CNC	D	-0.26%
MS	A	-0.26%
UNH	C	-0.26%
NVR	D	-0.26%
HUM	C	-0.26%
DLR	B	-0.26%
LEN	D	-0.25%
GM	B	-0.25%
WMB	A	-0.25%
KO	D	-0.25%
DTE	C	-0.25%
F	C	-0.25%
CTLT	B	-0.25%
EIX	B	-0.25%
STZ	D	-0.25%
ZTS	D	-0.25%
SNA	A	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
RJF	A	-0.25%
BMY	B	-0.25%
GS	A	-0.25%
SCHW	B	-0.25%
MRNA	F	-0.24%
AMGN	D	-0.24%
AEP	D	-0.24%
D	C	-0.24%
TRGP	B	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
ED	D	-0.24%
PFE	D	-0.24%
NEE	D	-0.24%
ELV	F	-0.24%
PLTR	B	-0.23%
VRTX	F	-0.23%
NFLX	A	-0.22%
DAY	B	-0.22%
DIS	B	-0.21%
PFG	D	-0.21%
KHC	F	-0.21%
SJM	D	-0.21%
MET	A	-0.21%
CAG	D	-0.21%
PAYX	C	-0.21%
ADP	B	-0.21%
ALL	A	-0.2%
GL	B	-0.2%
AIG	B	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
CPB	D	-0.2%
PRU	A	-0.2%
INTU	C	-0.2%
AIZ	A	-0.2%
ERIE	D	-0.2%
CI	F	-0.19%
TEL	B	-0.19%
PGR	A	-0.19%
HPE	B	-0.19%
WBD	C	-0.19%
BBWI	D	-0.19%
CRWD	B	-0.18%
GEV	B	-0.18%
EQT	B	-0.18%
DG	F	-0.17%
GEN	B	-0.17%
GE	D	-0.17%
DLTR	F	-0.17%
DELL	C	-0.17%
STX	D	-0.17%
WDC	D	-0.17%
INTC	D	-0.16%
GD	F	-0.16%
BA	F	-0.16%
TXT	D	-0.16%
DGX	A	-0.16%
WRB	A	-0.14%
CAT	B	-0.14%
IQV	D	-0.14%
URI	B	-0.14%
TRV	B	-0.14%
CINF	A	-0.14%
CB	C	-0.14%
HIG	B	-0.14%
ACGL	D	-0.14%
KMX	B	-0.14%
EG	C	-0.14%
BALL	D	-0.13%
JPM	A	-0.13%
PCAR	B	-0.13%
AMCR	D	-0.13%
DE	A	-0.13%
WFC	A	-0.13%
C	A	-0.13%
LDOS	C	-0.13%
STT	A	-0.12%
HLT	A	-0.12%
MAR	B	-0.12%
ABNB	C	-0.12%
EXPE	B	-0.12%
BAC	A	-0.12%
ARE	D	-0.11%
VTR	C	-0.11%
WELL	A	-0.11%
EXR	D	-0.11%
DVA	B	-0.11%
PSA	D	-0.11%
BR	A	-0.11%
DOC	D	-0.11%
BXP	D	-0.11%
HST	C	-0.11%
BK	A	-0.11%
NWSA	B	-0.1%
NWS	B	-0.1%
ESS	B	-0.1%
RVTY	F	-0.1%
INVH	D	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
FOXA	B	-0.1%
TROW	B	-0.09%
FMC	D	-0.09%
LMT	D	-0.09%
BEN	C	-0.09%
NOC	D	-0.09%
AXON	A	-0.09%
RCL	A	-0.09%
CCL	B	-0.09%
KKR	A	-0.09%
NCLH	B	-0.09%
LYV	A	-0.09%
IVZ	B	-0.09%
CMS	C	-0.08%
PCG	A	-0.08%
SO	D	-0.08%
SRE	A	-0.08%
XEL	A	-0.08%
HWM	A	-0.08%
PPL	B	-0.08%
EVRG	A	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
CARR	D	-0.08%
TDG	D	-0.08%
WYNN	D	-0.08%
RTX	C	-0.08%
HII	D	-0.08%
BX	A	-0.08%
NTRS	A	-0.08%
BLK	C	-0.08%
LHX	C	-0.08%
LVS	C	-0.08%
AMP	A	-0.08%
O	D	-0.07%
SPG	B	-0.07%
LYB	F	-0.07%
SW	A	-0.07%
FANG	D	-0.07%
OXY	D	-0.07%
CZR	F	-0.07%
MRO	B	-0.07%
MGM	D	-0.07%
DOW	F	-0.07%
APA	D	-0.07%
PNW	B	-0.07%
FDX	B	-0.07%
WEC	A	-0.07%
CE	F	-0.07%
ES	D	-0.07%
DUK	C	-0.07%
TFC	A	-0.06%
CFG	B	-0.06%
HBAN	A	-0.06%
FI	A	-0.06%
USB	A	-0.06%
FITB	A	-0.06%
PNC	B	-0.06%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
PYPL	B	-0.06%
IP	B	-0.06%
REG	B	-0.06%
KIM	A	-0.06%
AMT	D	-0.06%
FRT	B	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	D	-0.06%
IRM	D	-0.06%
IFF	D	-0.05%
SOLV	C	-0.05%
BAX	D	-0.05%
EMN	D	-0.05%
JKHY	D	-0.05%
FIS	C	-0.05%
AON	A	-0.04%
MMC	B	-0.04%
BRO	B	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
VRSK	A	-0.04%
SPGI	C	-0.04%
GPN	B	-0.04%
FDS	B	-0.04%
MCO	B	-0.04%
MA	C	-0.04%
CBOE	B	-0.04%
MSCI	C	-0.04%
ICE	C	-0.04%
V	A	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
AXP	A	-0.04%
MKTX	D	-0.04%
CME	A	-0.04%
TDY	B	-0.03%
AJG	B	-0.03%
WTW	B	-0.03%