SSPY vs. ACWI ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to iShares MSCI ACWI Index Fund (ACWI)

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

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$120.38

Average Daily Volume

1,887,460

Number of Holdings ^*

616

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	ACWI
30 Days	4.23%	1.37%
60 Days	1.79%	1.84%
90 Days	3.72%	2.98%
12 Months	23.81%	25.51%

485 Overlapping Holdings

	Symbol	Grade	Weight in SSPY	Weight in ACWI	Overlap
	A	D	0.15%	0.05%	0.05%
	AAPL	C	0.5%	4.24%	0.5%
	ABBV	D	0.24%	0.38%	0.24%
	ABNB	C	0.12%	0.07%	0.07%
	ABT	B	0.06%	0.26%	0.06%
	ACGL	D	0.14%	0.05%	0.05%
	ACN	C	0.13%	0.28%	0.13%
	ADBE	C	0.16%	0.28%	0.16%
	ADI	D	0.22%	0.14%	0.14%
	ADM	D	0.37%	0.03%	0.03%
	ADP	B	0.21%	0.15%	0.15%
	ADSK	A	0.17%	0.08%	0.08%
	AEE	A	0.08%	0.03%	0.03%
	AEP	D	0.24%	0.06%	0.06%
	AES	F	0.32%	0.01%	0.01%
	AFL	B	0.2%	0.08%	0.08%
	AIG	B	0.2%	0.07%	0.07%
	AIZ	A	0.2%	0.02%	0.02%
	AJG	B	0.03%	0.08%	0.03%
	AKAM	D	0.27%	0.02%	0.02%
	ALB	C	0.05%	0.02%	0.02%
	ALGN	F	0.1%	0.02%	0.02%
	ALL	A	0.2%	0.07%	0.07%
	ALLE	D	0.08%	0.02%	0.02%
	AMAT	F	0.18%	0.18%	0.18%
	AMCR	D	0.13%	0.02%	0.02%
	AMD	F	0.14%	0.29%	0.14%
	AME	A	0.13%	0.06%	0.06%
	AMGN	D	0.24%	0.19%	0.19%
	AMP	A	0.08%	0.07%	0.07%
	AMT	D	0.06%	0.12%	0.06%
	AMZN	C	0.22%	2.45%	0.22%
	ANET	C	0.21%	0.13%	0.13%
	ANSS	B	0.17%	0.04%	0.04%
	AON	A	0.04%	0.1%	0.04%
	AOS	F	0.21%	0.01%	0.01%
	APA	D	0.07%	0.01%	0.01%
	APD	A	0.05%	0.09%	0.05%
	APH	A	0.19%	0.11%	0.11%
	APTV	D	0.4%	0.02%	0.02%
	ARE	D	0.11%	0.02%	0.02%
	ATO	A	0.33%	0.03%	0.03%
	AVB	B	0.1%	0.04%	0.04%
	AVGO	D	0.23%	0.93%	0.23%
	AVY	D	0.06%	0.02%	0.02%
	AWK	D	0.32%	0.03%	0.03%
	AXON	A	0.09%	0.06%	0.06%
	AXP	A	0.04%	0.21%	0.04%
	AZO	C	0.14%	0.07%	0.07%
	BA	F	0.16%	0.14%	0.14%
	BAC	A	0.12%	0.42%	0.12%
	BALL	D	0.13%	0.02%	0.02%
	BAX	D	0.05%	0.02%	0.02%
	BBWI	D	0.19%	0.01%	0.01%
	BBY	D	0.17%	0.02%	0.02%
	BDX	F	0.05%	0.08%	0.05%
	BEN	C	0.09%	0.01%	0.01%
	BG	F	0.37%	0.02%	0.02%
	BIIB	F	0.24%	0.03%	0.03%
	BK	A	0.11%	0.07%	0.07%
	BKNG	A	0.11%	0.22%	0.11%
	BKR	B	0.35%	0.05%	0.05%
	BLDR	D	0.19%	0.03%	0.03%
	BLK	C	0.08%	0.19%	0.08%
	BMY	B	0.25%	0.15%	0.15%
	BR	A	0.11%	0.04%	0.04%
	BRK.A	B	0.5%	0.79%	0.5%
	BRO	B	0.04%	0.03%	0.03%
	BSX	B	0.06%	0.17%	0.06%
	BX	A	0.08%	0.17%	0.08%
	BXP	D	0.11%	0.01%	0.01%
	C	A	0.13%	0.17%	0.13%
	CAG	D	0.21%	0.02%	0.02%
	CAH	B	0.19%	0.04%	0.04%
	CARR	D	0.08%	0.08%	0.08%
	CAT	B	0.14%	0.24%	0.14%
	CB	C	0.14%	0.14%	0.14%
	CBOE	B	0.04%	0.03%	0.03%
	CBRE	B	0.04%	0.05%	0.04%
	CCI	D	0.06%	0.06%	0.06%
	CCL	B	0.09%	0.03%	0.03%
	CDNS	B	0.33%	0.11%	0.11%
	CDW	F	0.13%	0.03%	0.03%
	CE	F	0.07%	0.01%	0.01%
	CEG	D	0.38%	0.09%	0.09%
	CF	B	0.09%	0.02%	0.02%
	CFG	B	0.06%	0.03%	0.03%
	CHD	B	0.42%	0.03%	0.03%
	CHRW	C	0.09%	0.02%	0.02%
	CHTR	C	0.47%	0.05%	0.05%
	CI	F	0.19%	0.12%	0.12%
	CINF	A	0.14%	0.03%	0.03%
	CL	D	0.41%	0.09%	0.09%
	CLX	B	0.41%	0.03%	0.03%
	CMCSA	B	0.52%	0.21%	0.21%
	CME	A	0.04%	0.1%	0.04%
	CMG	B	0.5%	0.1%	0.1%
	CMI	A	0.08%	0.06%	0.06%
	CMS	C	0.08%	0.02%	0.02%
	CNC	D	0.26%	0.04%	0.04%
	CNP	B	0.26%	0.03%	0.03%
	COF	B	0.7%	0.09%	0.09%
	COP	C	0.07%	0.17%	0.07%
	COR	B	0.18%	0.05%	0.05%
	COST	B	0.71%	0.53%	0.53%
	CPAY	A	0.04%	0.03%	0.03%
	CPB	D	0.2%	0.01%	0.01%
	CPRT	A	0.23%	0.06%	0.06%
	CPT	B	0.11%	0.02%	0.02%
	CRL	C	0.14%	0.01%	0.01%
	CRM	B	0.35%	0.4%	0.35%
	CRWD	B	0.18%	0.1%	0.1%
	CSCO	B	0.21%	0.29%	0.21%
	CSGP	D	0.04%	0.04%	0.04%
	CSX	B	0.08%	0.09%	0.08%
	CTAS	B	0.18%	0.1%	0.1%
	CTLT	B	0.25%	0.01%	0.01%
	CTRA	B	0.17%	0.02%	0.02%
	CTSH	B	0.13%	0.05%	0.05%
	CTVA	C	0.08%	0.05%	0.05%
	CVS	D	0.69%	0.09%	0.09%
	CVX	A	0.76%	0.36%	0.36%
	D	C	0.24%	0.06%	0.06%
	DAL	C	0.28%	0.01%	0.01%
	DAY	B	0.22%	0.01%	0.01%
	DD	D	0.05%	0.04%	0.04%
	DE	A	0.13%	0.13%	0.13%
	DECK	A	0.3%	0.03%	0.03%
	DELL	C	0.17%	0.05%	0.05%
	DFS	B	0.69%	0.06%	0.06%
	DG	F	0.17%	0.02%	0.02%
	DGX	A	0.16%	0.02%	0.02%
	DHI	D	0.24%	0.06%	0.06%
	DHR	F	0.1%	0.2%	0.1%
	DIS	B	0.21%	0.26%	0.21%
	DLR	B	0.26%	0.08%	0.08%
	DLTR	F	0.17%	0.02%	0.02%
	DOC	D	0.11%	0.02%	0.02%
	DOV	A	0.17%	0.04%	0.04%
	DOW	F	0.07%	0.04%	0.04%
	DPZ	C	0.52%	0.02%	0.02%
	DRI	B	0.51%	0.03%	0.03%
	DTE	C	0.25%	0.03%	0.03%
	DUK	C	0.07%	0.11%	0.07%
	DVA	B	0.11%	0.01%	0.01%
	DVN	F	0.16%	0.03%	0.03%
	DXCM	D	0.1%	0.04%	0.04%
	EA	A	0.49%	0.05%	0.05%
	EBAY	D	0.22%	0.04%	0.04%
	ECL	D	0.05%	0.08%	0.05%
	ED	D	0.24%	0.04%	0.04%
	EFX	F	0.04%	0.04%	0.04%
	EG	C	0.14%	0.02%	0.02%
	EIX	B	0.25%	0.04%	0.04%
	EL	F	0.5%	0.02%	0.02%
	ELV	F	0.24%	0.12%	0.12%
	EMN	D	0.05%	0.01%	0.01%
	EMR	A	0.03%	0.09%	0.03%
	ENPH	F	0.26%	0.01%	0.01%
	EOG	A	0.07%	0.1%	0.07%
	EPAM	C	0.13%	0.02%	0.02%
	EQIX	A	0.27%	0.11%	0.11%
	EQR	B	0.1%	0.03%	0.03%
	EQT	B	0.18%	0.03%	0.03%
	ERIE	D	0.2%	0.01%	0.01%
	ES	D	0.07%	0.03%	0.03%
	ESS	B	0.1%	0.02%	0.02%
	ETN	A	0.26%	0.19%	0.19%
	ETR	B	0.25%	0.04%	0.04%
	EVRG	A	0.08%	0.02%	0.02%
	EW	C	0.06%	0.05%	0.05%
	EXC	C	0.3%	0.05%	0.05%
	EXPD	D	0.09%	0.02%	0.02%
	EXPE	B	0.12%	0.03%	0.03%
	EXR	D	0.11%	0.05%	0.05%
	F	C	0.25%	0.05%	0.05%
	FANG	D	0.07%	0.04%	0.04%
	FAST	B	0.13%	0.06%	0.06%
	FCX	D	0.3%	0.08%	0.08%
	FDS	B	0.04%	0.03%	0.03%
	FDX	B	0.07%	0.09%	0.07%
	FE	C	0.24%	0.03%	0.03%
	FFIV	B	0.21%	0.02%	0.02%
	FI	A	0.06%	0.16%	0.06%
	FICO	B	0.05%	0.07%	0.05%
	FIS	C	0.05%	0.06%	0.05%
	FITB	A	0.06%	0.04%	0.04%
	FOX	A	0.1%	0.01%	0.01%
	FOXA	B	0.1%	0.01%	0.01%
	FSLR	F	0.2%	0.02%	0.02%
	FTNT	C	0.17%	0.07%	0.07%
	FTV	C	0.03%	0.03%	0.03%
	GD	F	0.16%	0.08%	0.08%
	GDDY	A	0.27%	0.03%	0.03%
	GE	D	0.17%	0.25%	0.17%
	GEHC	F	0.1%	0.04%	0.04%
	GEN	B	0.17%	0.02%	0.02%
	GEV	B	0.18%	0.12%	0.12%
	GILD	C	0.25%	0.14%	0.14%
	GIS	D	0.21%	0.04%	0.04%
	GLW	B	0.19%	0.05%	0.05%
	GM	B	0.25%	0.08%	0.08%
	GOOG	C	0.23%	1.16%	0.23%
	GOOGL	C	0.23%	1.34%	0.23%
	GPC	D	0.15%	0.02%	0.02%
	GPN	B	0.04%	0.04%	0.04%
	GRMN	B	0.33%	0.04%	0.04%
	GS	A	0.25%	0.24%	0.24%
	GWW	B	0.12%	0.07%	0.07%
	HAL	C	0.34%	0.03%	0.03%
	HBAN	A	0.06%	0.03%	0.03%
	HCA	F	0.33%	0.09%	0.09%
	HD	A	0.26%	0.52%	0.26%
	HES	B	0.07%	0.05%	0.05%
	HIG	B	0.14%	0.05%	0.05%
	HII	D	0.08%	0.01%	0.01%
	HLT	A	0.12%	0.08%	0.08%
	HOLX	D	0.1%	0.02%	0.02%
	HON	B	0.17%	0.19%	0.17%
	HPE	B	0.19%	0.03%	0.03%
	HPQ	A	0.35%	0.05%	0.05%
	HRL	D	0.36%	0.01%	0.01%
	HSIC	B	0.2%	0.01%	0.01%
	HST	C	0.11%	0.02%	0.02%
	HSY	F	0.18%	0.03%	0.03%
	HUBB	B	0.26%	0.03%	0.03%
	HUM	C	0.26%	0.04%	0.04%
	HWM	A	0.08%	0.06%	0.06%
	IBM	C	0.34%	0.24%	0.24%
	ICE	C	0.04%	0.11%	0.04%
	IDXX	F	0.1%	0.04%	0.04%
	IEX	B	0.2%	0.02%	0.02%
	IFF	D	0.05%	0.03%	0.03%
	INCY	C	0.25%	0.01%	0.01%
	INTC	D	0.16%	0.13%	0.13%
	INTU	C	0.2%	0.23%	0.2%
	INVH	D	0.1%	0.03%	0.03%
	IP	B	0.06%	0.02%	0.02%
	IPG	D	0.34%	0.01%	0.01%
	IQV	D	0.14%	0.04%	0.04%
	IR	B	0.2%	0.05%	0.05%
	IRM	D	0.06%	0.04%	0.04%
	ISRG	A	0.12%	0.24%	0.12%
	IT	C	0.13%	0.05%	0.05%
	ITW	B	0.17%	0.1%	0.1%
	J	F	0.4%	0.02%	0.02%
	JBHT	C	0.08%	0.02%	0.02%
	JBL	B	0.38%	0.02%	0.02%
	JCI	C	0.08%	0.07%	0.07%
	JKHY	D	0.05%	0.02%	0.02%
	JNJ	D	0.24%	0.47%	0.24%
	JNPR	F	0.2%	0.01%	0.01%
	JPM	A	0.13%	0.89%	0.13%
	K	A	0.18%	0.03%	0.03%
	KDP	D	0.24%	0.05%	0.05%
	KEY	B	0.06%	0.02%	0.02%
	KEYS	A	0.21%	0.03%	0.03%
	KHC	F	0.21%	0.03%	0.03%
	KIM	A	0.06%	0.02%	0.02%
	KKR	A	0.09%	0.12%	0.09%
	KLAC	D	0.17%	0.11%	0.11%
	KMB	D	0.42%	0.06%	0.06%
	KMI	A	0.25%	0.07%	0.07%
	KMX	B	0.14%	0.02%	0.02%
	KO	D	0.25%	0.33%	0.25%
	KR	B	0.74%	0.05%	0.05%
	KVUE	A	0.42%	0.06%	0.06%
	L	A	0.49%	0.02%	0.02%
	LDOS	C	0.13%	0.03%	0.03%
	LEN	D	0.25%	0.05%	0.05%
	LH	C	0.16%	0.03%	0.03%
	LHX	C	0.08%	0.06%	0.06%
	LIN	D	0.04%	0.27%	0.04%
	LKQ	D	0.14%	0.01%	0.01%
	LLY	F	0.23%	0.75%	0.23%
	LMT	D	0.09%	0.15%	0.09%
	LNT	A	0.08%	0.02%	0.02%
	LOW	D	0.26%	0.19%	0.19%
	LULU	C	0.31%	0.04%	0.04%
	LUV	C	0.25%	0.01%	0.01%
	LVS	C	0.08%	0.02%	0.02%
	LW	C	0.22%	0.01%	0.01%
	LYB	F	0.07%	0.03%	0.03%
	LYV	A	0.09%	0.03%	0.03%
	MA	C	0.04%	0.55%	0.04%
	MAA	B	0.1%	0.02%	0.02%
	MAR	B	0.12%	0.09%	0.09%
	MAS	D	0.19%	0.02%	0.02%
	MCD	D	0.5%	0.27%	0.27%
	MCHP	F	0.14%	0.04%	0.04%
	MCK	B	0.18%	0.1%	0.1%
	MCO	B	0.04%	0.1%	0.04%
	MDLZ	F	0.18%	0.11%	0.11%
	MDT	D	0.06%	0.14%	0.06%
	MET	A	0.21%	0.07%	0.07%
	META	D	0.47%	1.57%	0.47%
	MGM	D	0.07%	0.01%	0.01%
	MKC	D	0.21%	0.02%	0.02%
	MKTX	D	0.04%	0.01%	0.01%
	MLM	B	0.17%	0.05%	0.05%
	MMC	B	0.04%	0.14%	0.04%
	MMM	D	0.17%	0.09%	0.09%
	MNST	C	0.25%	0.05%	0.05%
	MO	A	0.35%	0.12%	0.12%
	MOH	F	0.25%	0.02%	0.02%
	MOS	F	0.08%	0.01%	0.01%
	MPC	D	0.49%	0.07%	0.07%
	MPWR	F	0.22%	0.04%	0.04%
	MRK	F	0.24%	0.31%	0.24%
	MRNA	F	0.24%	0.02%	0.02%
	MRO	B	0.07%	0.02%	0.02%
	MS	A	0.26%	0.21%	0.21%
	MSCI	C	0.04%	0.06%	0.04%
	MSFT	F	0.32%	3.76%	0.32%
	MSI	B	0.49%	0.1%	0.1%
	MTB	A	0.06%	0.05%	0.05%
	MTCH	D	0.47%	0.01%	0.01%
	MTD	D	0.15%	0.03%	0.03%
	MU	D	0.15%	0.14%	0.14%
	NDAQ	A	0.04%	0.04%	0.04%
	NDSN	B	0.03%	0.02%	0.02%
	NEE	D	0.24%	0.2%	0.2%
	NEM	D	0.25%	0.06%	0.06%
	NFLX	A	0.22%	0.48%	0.22%
	NI	A	0.33%	0.02%	0.02%
	NKE	D	0.33%	0.11%	0.11%
	NOC	D	0.09%	0.09%	0.09%
	NOW	A	0.22%	0.27%	0.22%
	NRG	B	0.33%	0.03%	0.03%
	NSC	B	0.08%	0.07%	0.07%
	NTAP	C	0.17%	0.03%	0.03%
	NTRS	A	0.08%	0.03%	0.03%
	NUE	C	0.26%	0.04%	0.04%
	NVDA	C	0.13%	4.62%	0.13%
	NVR	D	0.26%	0.04%	0.04%
	NWSA	B	0.1%	0.01%	0.01%
	NXPI	D	0.23%	0.07%	0.07%
	O	D	0.07%	0.06%	0.06%
	ODFL	B	0.08%	0.05%	0.05%
	OKE	A	0.24%	0.08%	0.08%
	OMC	C	0.34%	0.03%	0.03%
	ON	D	0.23%	0.04%	0.04%
	ORCL	B	0.34%	0.4%	0.34%
	ORLY	B	0.14%	0.09%	0.09%
	OTIS	C	0.08%	0.05%	0.05%
	OXY	D	0.07%	0.04%	0.04%
	PANW	C	0.16%	0.16%	0.16%
	PARA	C	0.2%	0.01%	0.01%
	PAYC	B	0.22%	0.01%	0.01%
	PAYX	C	0.21%	0.06%	0.06%
	PCAR	B	0.13%	0.07%	0.07%
	PCG	A	0.08%	0.05%	0.05%
	PEG	A	0.26%	0.06%	0.06%
	PEP	F	0.18%	0.27%	0.18%
	PFE	D	0.24%	0.18%	0.18%
	PFG	D	0.21%	0.03%	0.03%
	PG	A	0.42%	0.51%	0.42%
	PGR	A	0.19%	0.19%	0.19%
	PH	A	0.08%	0.11%	0.08%
	PHM	D	0.25%	0.04%	0.04%
	PKG	A	0.06%	0.03%	0.03%
	PLD	D	0.06%	0.14%	0.06%
	PLTR	B	0.23%	0.16%	0.16%
	PM	B	0.35%	0.25%	0.25%
	PNC	B	0.06%	0.1%	0.06%
	PNR	A	0.19%	0.02%	0.02%
	PODD	C	0.1%	0.02%	0.02%
	POOL	C	0.13%	0.02%	0.02%
	PPG	F	0.07%	0.04%	0.04%
	PPL	B	0.08%	0.03%	0.03%
	PRU	A	0.2%	0.06%	0.06%
	PSA	D	0.11%	0.07%	0.07%
	PSX	C	0.51%	0.07%	0.07%
	PTC	A	0.17%	0.03%	0.03%
	PWR	A	0.4%	0.06%	0.06%
	PYPL	B	0.06%	0.11%	0.06%
	QCOM	F	0.22%	0.23%	0.22%
	QRVO	F	0.21%	0.01%	0.01%
	RCL	A	0.09%	0.07%	0.07%
	REG	B	0.06%	0.02%	0.02%
	REGN	F	0.22%	0.1%	0.1%
	RF	A	0.06%	0.03%	0.03%
	RJF	A	0.25%	0.04%	0.04%
	RMD	C	0.09%	0.04%	0.04%
	ROK	B	0.03%	0.04%	0.03%
	ROL	B	0.18%	0.02%	0.02%
	ROP	B	0.03%	0.08%	0.03%
	ROST	C	0.72%	0.06%	0.06%
	RSG	A	0.18%	0.06%	0.06%
	RTX	C	0.08%	0.2%	0.08%
	RVTY	F	0.1%	0.02%	0.02%
	SBAC	D	0.06%	0.03%	0.03%
	SBUX	A	0.48%	0.14%	0.14%
	SCHW	B	0.25%	0.15%	0.15%
	SHW	A	0.06%	0.11%	0.06%
	SJM	D	0.21%	0.01%	0.01%
	SLB	C	0.35%	0.08%	0.08%
	SMCI	F	0.15%	0.02%	0.02%
	SNA	A	0.25%	0.03%	0.03%
	SNPS	B	0.34%	0.1%	0.1%
	SO	D	0.08%	0.12%	0.08%
	SOLV	C	0.05%	0.01%	0.01%
	SPG	B	0.07%	0.08%	0.07%
	SPGI	C	0.04%	0.21%	0.04%
	SRE	A	0.08%	0.08%	0.08%
	STE	F	0.12%	0.03%	0.03%
	STLD	B	0.27%	0.03%	0.03%
	STT	A	0.12%	0.04%	0.04%
	STX	D	0.17%	0.03%	0.03%
	STZ	D	0.25%	0.05%	0.05%
	SW	A	0.07%	0.04%	0.04%
	SWK	D	0.27%	0.02%	0.02%
	SWKS	F	0.21%	0.02%	0.02%
	SYF	B	0.69%	0.03%	0.03%
	SYK	C	0.12%	0.17%	0.12%
	SYY	B	0.75%	0.05%	0.05%
	T	A	0.33%	0.21%	0.21%
	TAP	C	0.25%	0.01%	0.01%
	TDG	D	0.08%	0.09%	0.08%
	TDY	B	0.03%	0.03%	0.03%
	TECH	D	0.15%	0.01%	0.01%
	TEL	B	0.19%	0.06%	0.06%
	TER	D	0.17%	0.02%	0.02%
	TFC	A	0.06%	0.08%	0.06%
	TFX	F	0.05%	0.01%	0.01%
	TGT	F	0.17%	0.09%	0.09%
	TJX	A	0.72%	0.17%	0.17%
	TMO	F	0.14%	0.25%	0.14%
	TMUS	B	0.33%	0.16%	0.16%
	TRGP	B	0.24%	0.05%	0.05%
	TRMB	B	0.03%	0.02%	0.02%
	TROW	B	0.09%	0.03%	0.03%
	TRV	B	0.14%	0.07%	0.07%
	TSCO	D	0.12%	0.04%	0.04%
	TSLA	B	0.28%	1.27%	0.28%
	TSN	B	0.36%	0.02%	0.02%
	TT	A	0.07%	0.12%	0.07%
	TTWO	A	0.49%	0.04%	0.04%
	TXN	C	0.23%	0.23%	0.23%
	TXT	D	0.16%	0.02%	0.02%
	TYL	C	0.22%	0.03%	0.03%
	UBER	D	0.11%	0.17%	0.11%
	UDR	B	0.1%	0.02%	0.02%
	UHS	D	0.32%	0.02%	0.02%
	ULTA	F	0.17%	0.02%	0.02%
	UNH	C	0.26%	0.68%	0.26%
	UNP	C	0.08%	0.18%	0.08%
	UPS	C	0.09%	0.12%	0.09%
	URI	B	0.14%	0.07%	0.07%
	USB	A	0.06%	0.1%	0.06%
	V	A	0.04%	0.63%	0.04%
	VICI	C	0.06%	0.04%	0.04%
	VLO	C	0.5%	0.06%	0.06%
	VLTO	D	0.03%	0.03%	0.03%
	VMC	B	0.17%	0.05%	0.05%
	VRSK	A	0.04%	0.05%	0.04%
	VRSN	F	0.27%	0.02%	0.02%
	VRTX	F	0.23%	0.15%	0.15%
	VST	B	0.41%	0.07%	0.07%
	VTR	C	0.11%	0.03%	0.03%
	VTRS	A	0.24%	0.02%	0.02%
	VZ	C	0.33%	0.22%	0.22%
	WAB	B	0.13%	0.04%	0.04%
	WAT	B	0.15%	0.03%	0.03%
	WBA	F	0.64%	0.01%	0.01%
	WBD	C	0.19%	0.03%	0.03%
	WDC	D	0.17%	0.03%	0.03%
	WEC	A	0.07%	0.04%	0.04%
	WELL	A	0.11%	0.11%	0.11%
	WFC	A	0.13%	0.33%	0.13%
	WM	A	0.18%	0.11%	0.11%
	WMB	A	0.25%	0.09%	0.09%
	WMT	A	0.73%	0.49%	0.49%
	WRB	A	0.14%	0.02%	0.02%
	WST	C	0.05%	0.03%	0.03%
	WTW	B	0.03%	0.04%	0.03%
	WY	D	0.17%	0.03%	0.03%
	WYNN	D	0.08%	0.01%	0.01%
	XEL	A	0.08%	0.05%	0.05%
	XOM	B	0.77%	0.68%	0.68%
	XYL	D	0.19%	0.04%	0.04%
	YUM	B	0.51%	0.05%	0.05%
	ZBH	C	0.12%	0.03%	0.03%
	ZBRA	B	0.13%	0.02%	0.02%
	ZTS	D	0.25%	0.1%	0.1%

SSPY Overweight 15 Positions Relative to ACWI

	Symbol	Grade	Weight
	BWA	D	0.42%
	TPR	B	0.33%
	RL	B	0.32%
	UAL	A	0.28%
	HAS	D	0.26%
	GL	B	0.2%
	MHK	D	0.19%
	NWS	A	0.1%
	FMC	D	0.09%
	NCLH	B	0.09%
	IVZ	B	0.09%
	GNRC	B	0.08%
	CZR	F	0.07%
	PNW	B	0.07%
	FRT	B	0.06%

SSPY Underweight 131 Positions Relative to ACWI

	Symbol	Grade	Weight
	TM	D	-0.23%
	BABA	D	-0.21%
	MUFG	B	-0.17%
	SONY	B	-0.15%
	LRCX	F	-0.12%
	MELI	D	-0.11%
	HDB	C	-0.11%
	SMFG	B	-0.11%
	MRVL	B	-0.1%
	IBN	C	-0.1%
	APO	B	-0.09%
	MSTR	C	-0.09%
	CRH	A	-0.09%
	COIN	C	-0.08%
	APP	B	-0.08%
	LNG	B	-0.07%
	TTD	B	-0.07%
	DASH	A	-0.07%
	WDAY	B	-0.07%
	MFG	B	-0.07%
	FLUT	A	-0.06%
	WCN	A	-0.06%
	VRT	B	-0.06%
	SQ	A	-0.06%
	DDOG	A	-0.05%
	TEAM	A	-0.05%
	SNOW	C	-0.05%
	HMC	F	-0.05%
	FERG	B	-0.05%
	TPL	A	-0.04%
	NET	B	-0.04%
	ALNY	D	-0.04%
	VEEV	C	-0.04%
	ARES	A	-0.04%
	HUBS	A	-0.04%
	TCOM	B	-0.04%
	COO	D	-0.03%
	LII	A	-0.03%
	MDB	C	-0.03%
	ILMN	D	-0.03%
	CSL	C	-0.03%
	MKL	A	-0.03%
	LPLA	A	-0.03%
	FCNCA	A	-0.03%
	EME	C	-0.03%
	BIDU	F	-0.03%
	RBLX	C	-0.03%
	DKS	C	-0.02%
	ELS	C	-0.02%
	OKTA	C	-0.02%
	AMH	D	-0.02%
	Z	A	-0.02%
	WPC	D	-0.02%
	AVTR	F	-0.02%
	HEI	B	-0.02%
	DT	C	-0.02%
	CHT	D	-0.02%
	LI	F	-0.02%
	TOST	B	-0.02%
	ACM	B	-0.02%
	GGG	B	-0.02%
	ENTG	D	-0.02%
	UTHR	C	-0.02%
	TW	A	-0.02%
	SSNC	B	-0.02%
	HEI	B	-0.02%
	GLPI	C	-0.02%
	TWLO	A	-0.02%
	FWONK	B	-0.02%
	UMC	F	-0.02%
	DOCU	A	-0.02%
	PSTG	D	-0.02%
	FNF	B	-0.02%
	MANH	D	-0.02%
	SUI	D	-0.02%
	RPM	A	-0.02%
	OC	A	-0.02%
	BURL	A	-0.02%
	YUMC	C	-0.02%
	PINS	D	-0.02%
	EQH	B	-0.02%
	RS	B	-0.02%
	WSM	B	-0.02%
	HOOD	B	-0.02%
	WSO	A	-0.02%
	DKNG	B	-0.02%
	NMR	B	-0.02%
	ZM	B	-0.02%
	BAH	F	-0.02%
	TRU	D	-0.02%
	ZS	C	-0.02%
	EXE	B	-0.02%
	CELH	F	-0.01%
	MBAVU	D	-0.01%
	BILI	D	-0.01%
	WLK	D	-0.01%
	UHAL	D	-0.01%
	H	B	-0.01%
	DINO	D	-0.01%
	AGCO	D	-0.01%
	ACI	C	-0.01%
	NIO	F	-0.01%
	AZPN	A	-0.01%
	XPEV	C	-0.01%
	RIVN	F	-0.01%
	BIO	D	-0.01%
	BSY	D	-0.01%
	TTC	D	-0.01%
	TME	D	-0.01%
	WIT	A	-0.01%
	FBIN	D	-0.01%
	WTRG	B	-0.01%
	RPRX	D	-0.01%
	KNX	B	-0.01%
	NLY	C	-0.01%
	ROKU	D	-0.01%
	BGNE	D	-0.01%
	CNH	C	-0.01%
	CHRD	D	-0.01%
	ALLY	C	-0.01%
	EXAS	D	-0.01%
	SEIC	B	-0.01%
	IOT	A	-0.01%
	AFG	A	-0.01%
	CCK	C	-0.01%
	SNAP	C	-0.01%
	CG	A	-0.01%
	BMRN	D	-0.01%
	OVV	B	-0.01%
	NBIX	C	-0.01%
	MNSO	F	-0.0%

SSPY: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Aerospace Chemical Medicine Real Estate Investment Trust Telecommunications Bank Banking Semiconductor Insurance Products Petroleum Industry Transport Investment Bank

ACWI: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Semiconductors Asset Management Oil & Gas E&P Specialty Retail Capital Markets Software - Infrastructure Biotechnology Internet Content & Information Aerospace & Defense Banks - Regional - US REIT - Residential Specialty Chemicals Auto Manufacturers Drug Manufacturers - Major Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Dow Jones Component Electronics Telecommunications Bank Chemical Aerospace Real Estate Investment Trust Banking Medicine Semiconductor Cloud Computing Transport Mining IBD 50