SSPY vs. ACWV ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)
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
ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.95

Average Daily Volume

117,990

Number of Holdings *

139

* may have additional holdings in another (foreign) market
Performance
Period SSPY ACWV
30 Days 4.23% 0.32%
60 Days 1.79% -0.25%
90 Days 3.72% 1.23%
12 Months 23.81% 18.77%
120 Overlapping Holdings
Symbol Grade Weight in SSPY Weight in ACWV Overlap
ABBV D 0.24% 0.49% 0.24%
ABT B 0.06% 0.1% 0.06%
ACGL D 0.14% 0.57% 0.14%
ACN C 0.13% 0.26% 0.13%
AEE A 0.08% 0.11% 0.08%
AEP D 0.24% 0.07% 0.07%
AIZ A 0.2% 0.13% 0.13%
AJG B 0.03% 0.33% 0.03%
AKAM D 0.27% 0.27% 0.27%
AMGN D 0.24% 0.34% 0.24%
ANET C 0.21% 0.06% 0.06%
AON A 0.04% 0.35% 0.04%
APH A 0.19% 0.54% 0.19%
AZO C 0.14% 0.77% 0.14%
BDX F 0.05% 0.22% 0.05%
BMY B 0.25% 0.25% 0.25%
BRK.A B 0.5% 0.91% 0.5%
BRO B 0.04% 0.3% 0.04%
CAG D 0.21% 0.05% 0.05%
CAH B 0.19% 0.18% 0.18%
CB C 0.14% 0.88% 0.14%
CBOE B 0.04% 0.54% 0.04%
CF B 0.09% 0.25% 0.09%
CHD B 0.42% 0.46% 0.42%
CHRW C 0.09% 0.06% 0.06%
CI F 0.19% 0.24% 0.19%
CL D 0.41% 0.35% 0.35%
CME A 0.04% 0.23% 0.04%
CMS C 0.08% 0.16% 0.08%
COR B 0.18% 1.05% 0.18%
CPB D 0.2% 0.22% 0.2%
CSCO B 0.21% 1.57% 0.21%
CTSH B 0.13% 0.21% 0.13%
CTVA C 0.08% 0.12% 0.08%
DGX A 0.16% 0.15% 0.15%
DPZ C 0.52% 0.19% 0.19%
DUK C 0.07% 0.81% 0.07%
EA A 0.49% 0.63% 0.49%
ED D 0.24% 0.84% 0.24%
EG C 0.14% 0.1% 0.1%
ELV F 0.24% 0.42% 0.24%
ERIE D 0.2% 0.26% 0.2%
FANG D 0.07% 0.06% 0.06%
FFIV B 0.21% 0.36% 0.21%
FI A 0.06% 0.48% 0.06%
FICO B 0.05% 0.12% 0.05%
GD F 0.16% 0.18% 0.16%
GDDY A 0.27% 0.64% 0.27%
GEN B 0.17% 0.3% 0.17%
GILD C 0.25% 0.48% 0.25%
GIS D 0.21% 0.61% 0.21%
GPC D 0.15% 0.05% 0.05%
HOLX D 0.1% 0.05% 0.05%
HRL D 0.36% 0.23% 0.23%
HSIC B 0.2% 0.05% 0.05%
HSY F 0.18% 0.44% 0.18%
HUM C 0.26% 0.31% 0.26%
IBM C 0.34% 0.73% 0.34%
INCY C 0.25% 0.38% 0.25%
IT C 0.13% 0.07% 0.07%
JKHY D 0.05% 0.2% 0.05%
JNJ D 0.24% 1.05% 0.24%
JNPR F 0.2% 0.32% 0.2%
K A 0.18% 0.57% 0.18%
KDP D 0.24% 0.36% 0.24%
KEYS A 0.21% 0.41% 0.21%
KHC F 0.21% 0.33% 0.21%
KMB D 0.42% 0.3% 0.3%
KO D 0.25% 0.05% 0.05%
KR B 0.74% 0.83% 0.74%
L A 0.49% 0.4% 0.4%
LLY F 0.23% 0.52% 0.23%
LMT D 0.09% 0.23% 0.09%
MA C 0.04% 0.19% 0.04%
MCD D 0.5% 1.02% 0.5%
MCK B 0.18% 1.42% 0.18%
MDLZ F 0.18% 0.25% 0.18%
MMC B 0.04% 0.88% 0.04%
MNST C 0.25% 0.12% 0.12%
MOH F 0.25% 0.12% 0.12%
MPC D 0.49% 0.15% 0.15%
MRK F 0.24% 1.06% 0.24%
MSFT F 0.32% 0.76% 0.32%
MSI B 0.49% 1.88% 0.49%
NEM D 0.25% 0.09% 0.09%
NOC D 0.09% 0.77% 0.09%
ORCL B 0.34% 0.54% 0.34%
ORLY B 0.14% 0.62% 0.14%
PCG A 0.08% 0.1% 0.08%
PEP F 0.18% 1.08% 0.18%
PG A 0.42% 0.82% 0.42%
PGR A 0.19% 0.84% 0.19%
PTC A 0.17% 0.22% 0.17%
REGN F 0.22% 0.61% 0.22%
ROL B 0.18% 0.21% 0.18%
ROP B 0.03% 1.36% 0.03%
RSG A 0.18% 1.19% 0.18%
SJM D 0.21% 0.27% 0.21%
SO D 0.08% 0.8% 0.08%
T A 0.33% 0.26% 0.26%
TDY B 0.03% 0.11% 0.03%
TJX A 0.72% 0.37% 0.37%
TMUS B 0.33% 2.03% 0.33%
TRGP B 0.24% 0.08% 0.08%
TRV B 0.14% 0.32% 0.14%
TSN B 0.36% 0.32% 0.32%
ULTA F 0.17% 0.16% 0.16%
UNH C 0.26% 0.83% 0.26%
V A 0.04% 0.59% 0.04%
VRSN F 0.27% 0.35% 0.27%
VRTX F 0.23% 1.13% 0.23%
VZ C 0.33% 0.76% 0.33%
WEC A 0.07% 0.68% 0.07%
WM A 0.18% 1.5% 0.18%
WMT A 0.73% 1.82% 0.73%
WRB A 0.14% 0.41% 0.14%
WTW B 0.03% 0.1% 0.03%
XEL A 0.08% 0.11% 0.08%
XOM B 0.77% 0.1% 0.1%
YUM B 0.51% 0.24% 0.24%
SSPY Overweight 380 Positions Relative to ACWV
Symbol Grade Weight
CVX A 0.76%
SYY B 0.75%
ROST C 0.72%
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%
PSX C 0.51%
DRI B 0.51%
VLO C 0.5%
EL F 0.5%
CMG B 0.5%
AAPL C 0.5%
TTWO A 0.49%
SBUX A 0.48%
CHTR C 0.47%
MTCH D 0.47%
META D 0.47%
KVUE A 0.42%
BWA D 0.42%
VST B 0.41%
CLX B 0.41%
APTV D 0.4%
J F 0.4%
PWR A 0.4%
JBL B 0.38%
CEG D 0.38%
ADM D 0.37%
BG F 0.37%
SLB C 0.35%
HPQ B 0.35%
PM B 0.35%
BKR B 0.35%
CRM B 0.35%
MO A 0.35%
IPG D 0.34%
OMC C 0.34%
HAL C 0.34%
SNPS B 0.34%
ATO A 0.33%
GRMN B 0.33%
TPR B 0.33%
NI A 0.33%
NRG B 0.33%
HCA F 0.33%
NKE D 0.33%
CDNS B 0.33%
AES F 0.32%
AWK D 0.32%
UHS D 0.32%
RL B 0.32%
LULU C 0.31%
FCX D 0.3%
EXC C 0.3%
DECK A 0.3%
TSLA B 0.28%
DAL C 0.28%
UAL A 0.28%
SWK D 0.27%
EQIX A 0.27%
STLD B 0.27%
CNP B 0.26%
HUBB B 0.26%
ENPH F 0.26%
NUE C 0.26%
PEG A 0.26%
LOW D 0.26%
HAS D 0.26%
CNC D 0.26%
HD A 0.26%
MS A 0.26%
NVR D 0.26%
DLR B 0.26%
ETN A 0.26%
LEN D 0.25%
GM B 0.25%
WMB A 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%
PHM D 0.25%
LUV C 0.25%
KMI A 0.25%
ETR B 0.25%
TAP C 0.25%
RJF A 0.25%
GS A 0.25%
SCHW B 0.25%
MRNA F 0.24%
DHI D 0.24%
D C 0.24%
OKE A 0.24%
FE C 0.24%
VTRS A 0.24%
PFE D 0.24%
BIIB F 0.24%
NEE D 0.24%
AVGO D 0.23%
PLTR B 0.23%
CPRT A 0.23%
ON D 0.23%
GOOGL C 0.23%
GOOG C 0.23%
TXN C 0.23%
NXPI D 0.23%
PAYC B 0.22%
TYL B 0.22%
NFLX A 0.22%
LW C 0.22%
EBAY D 0.22%
AMZN C 0.22%
DAY B 0.22%
QCOM F 0.22%
NOW A 0.22%
ADI D 0.22%
MPWR F 0.22%
DIS B 0.21%
PFG D 0.21%
AOS F 0.21%
MKC D 0.21%
QRVO F 0.21%
SWKS F 0.21%
MET A 0.21%
PAYX C 0.21%
ADP B 0.21%
ALL A 0.2%
GL B 0.2%
AIG B 0.2%
IEX B 0.2%
IR B 0.2%
AFL B 0.2%
PARA C 0.2%
PRU A 0.2%
INTU C 0.2%
FSLR F 0.2%
MHK D 0.19%
XYL D 0.19%
TEL B 0.19%
HPE B 0.19%
MAS D 0.19%
WBD C 0.19%
PNR A 0.19%
BLDR D 0.19%
GLW B 0.19%
BBWI D 0.19%
CTAS B 0.18%
AMAT F 0.18%
CRWD B 0.18%
GEV B 0.18%
EQT B 0.18%
HON B 0.17%
TGT F 0.17%
ADSK A 0.17%
TER D 0.17%
MMM D 0.17%
ANSS B 0.17%
DG F 0.17%
FTNT C 0.17%
DOV A 0.17%
NTAP C 0.17%
ITW B 0.17%
BBY D 0.17%
WY D 0.17%
CTRA B 0.17%
GE D 0.17%
MLM B 0.17%
DLTR F 0.17%
DELL C 0.17%
VMC B 0.17%
KLAC D 0.17%
STX D 0.17%
WDC D 0.17%
INTC D 0.16%
PANW C 0.16%
ADBE C 0.16%
DVN F 0.16%
BA F 0.16%
LH C 0.16%
TXT D 0.16%
TECH D 0.15%
SMCI F 0.15%
A D 0.15%
WAT B 0.15%
MTD D 0.15%
MU D 0.15%
MCHP D 0.14%
CAT B 0.14%
IQV D 0.14%
TMO F 0.14%
URI B 0.14%
CINF A 0.14%
CRL C 0.14%
HIG B 0.14%
AMD F 0.14%
KMX B 0.14%
LKQ D 0.14%
BALL D 0.13%
FAST B 0.13%
JPM A 0.13%
PCAR B 0.13%
CDW F 0.13%
AMCR D 0.13%
AME A 0.13%
POOL C 0.13%
DE A 0.13%
EPAM C 0.13%
WFC A 0.13%
ZBRA B 0.13%
C A 0.13%
WAB B 0.13%
NVDA C 0.13%
LDOS C 0.13%
STT A 0.12%
HLT A 0.12%
MAR B 0.12%
ABNB C 0.12%
SYK C 0.12%
STE F 0.12%
EXPE B 0.12%
ISRG A 0.12%
ZBH C 0.12%
GWW B 0.12%
TSCO D 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%
CPT B 0.11%
BR A 0.11%
DOC D 0.11%
BXP D 0.11%
BKNG A 0.11%
HST C 0.11%
UBER D 0.11%
BK A 0.11%
DXCM D 0.1%
PODD C 0.1%
DHR F 0.1%
NWSA B 0.1%
IDXX F 0.1%
NWS B 0.1%
ESS B 0.1%
RVTY F 0.1%
ALGN D 0.1%
MAA B 0.1%
INVH D 0.1%
GEHC F 0.1%
AVB B 0.1%
EQR B 0.1%
FOX A 0.1%
UDR B 0.1%
FOXA B 0.1%
TROW B 0.09%
FMC D 0.09%
BEN C 0.09%
UPS C 0.09%
EXPD 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%
RMD C 0.09%
ALLE D 0.08%
SRE A 0.08%
HWM A 0.08%
PPL B 0.08%
EVRG A 0.08%
LNT A 0.08%
CARR D 0.08%
TDG D 0.08%
JCI C 0.08%
PH A 0.08%
UNP C 0.08%
CMI A 0.08%
NSC B 0.08%
OTIS C 0.08%
GNRC B 0.08%
WYNN D 0.08%
ODFL B 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%
MOS F 0.08%
JBHT C 0.08%
CSX B 0.08%
O D 0.07%
SPG B 0.07%
LYB F 0.07%
SW A 0.07%
PPG F 0.07%
OXY D 0.07%
CZR F 0.07%
COP C 0.07%
MRO B 0.07%
MGM D 0.07%
EOG A 0.07%
DOW F 0.07%
APA D 0.07%
HES B 0.07%
PNW B 0.07%
FDX B 0.07%
CE F 0.07%
ES D 0.07%
TT A 0.07%
TFC A 0.06%
CFG B 0.06%
HBAN 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%
EW C 0.06%
MDT D 0.06%
AVY D 0.06%
PYPL B 0.06%
BSX B 0.06%
IP B 0.06%
PKG A 0.06%
REG B 0.06%
KIM A 0.06%
PLD D 0.06%
AMT D 0.06%
FRT B 0.06%
SHW A 0.06%
SBAC D 0.06%
VICI C 0.06%
CCI D 0.06%
IRM D 0.06%
IFF D 0.05%
ECL D 0.05%
SOLV C 0.05%
BAX D 0.05%
APD A 0.05%
TFX F 0.05%
WST C 0.05%
EMN D 0.05%
DD D 0.05%
ALB C 0.05%
FIS C 0.05%
EFX F 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%
MSCI C 0.04%
ICE C 0.04%
NDAQ A 0.04%
CPAY A 0.04%
AXP A 0.04%
MKTX D 0.04%
LIN D 0.04%
VLTO D 0.03%
ROK B 0.03%
NDSN B 0.03%
EMR A 0.03%
TRMB B 0.03%
FTV C 0.03%
SSPY Underweight 19 Positions Relative to ACWV
Symbol Grade Weight
MKL A -0.43%
UTHR C -0.4%
WCN A -0.39%
CHT D -0.37%
BAH F -0.37%
NBIX C -0.31%
FCNCA A -0.23%
FWONK B -0.22%
MFG B -0.21%
BMRN D -0.19%
LNG B -0.16%
WIT A -0.12%
AZPN A -0.11%
WDAY B -0.1%
TPL A -0.1%
KNX B -0.06%
DINO D -0.06%
ACI C -0.05%
HKD F -0.0%
Compare ETFs