SSPY vs. ESGU ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to iShares MSCI USA ESG Optimized ETF (ESGU)

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

ESGU

iShares MSCI USA ESG Optimized ETF

ESGU Description

The iShares MSCI USA ESG Optimized ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index.

Grade (RS Rating)

Last Trade

$131.23

Average Daily Volume

490,830

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	ESGU
30 Days	4.23%	3.53%
60 Days	1.79%	4.75%
90 Days	3.72%	6.66%
12 Months	23.81%	32.83%

259 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in ESGU	Overlap
A	D	0.15%	0.11%	0.11%
AAPL	C	0.5%	6.22%	0.5%
ABBV	D	0.24%	0.41%	0.24%
ACGL	D	0.14%	0.12%	0.12%
ACN	C	0.13%	0.43%	0.13%
ADBE	C	0.16%	0.56%	0.16%
ADI	D	0.22%	0.12%	0.12%
ADM	D	0.37%	0.09%	0.09%
ADP	B	0.21%	0.69%	0.21%
ADSK	A	0.17%	0.37%	0.17%
AFL	B	0.2%	0.12%	0.12%
AIZ	A	0.2%	0.12%	0.12%
AJG	B	0.03%	0.11%	0.03%
AKAM	D	0.27%	0.09%	0.09%
AMAT	F	0.18%	0.46%	0.18%
AMD	F	0.14%	0.44%	0.14%
AMGN	D	0.24%	0.37%	0.24%
AMT	D	0.06%	0.31%	0.06%
AMZN	C	0.22%	3.61%	0.22%
ANET	C	0.21%	0.2%	0.2%
ANSS	B	0.17%	0.21%	0.17%
AVGO	D	0.23%	1.37%	0.23%
AXON	A	0.09%	0.22%	0.09%
AXP	A	0.04%	0.44%	0.04%
BAC	A	0.12%	0.65%	0.12%
BALL	D	0.13%	0.09%	0.09%
BBY	D	0.17%	0.16%	0.16%
BG	F	0.37%	0.18%	0.18%
BIIB	F	0.24%	0.07%	0.07%
BK	A	0.11%	0.42%	0.11%
BKNG	A	0.11%	0.34%	0.11%
BKR	B	0.35%	0.15%	0.15%
BLK	C	0.08%	0.12%	0.08%
BMY	B	0.25%	0.17%	0.17%
BR	A	0.11%	0.45%	0.11%
BRK.A	B	0.5%	0.41%	0.41%
C	A	0.13%	0.34%	0.13%
CAH	B	0.19%	0.15%	0.15%
CARR	D	0.08%	0.17%	0.08%
CAT	B	0.14%	0.32%	0.14%
CBRE	B	0.04%	0.18%	0.04%
CCI	D	0.06%	0.31%	0.06%
CDNS	B	0.33%	0.22%	0.22%
CEG	D	0.38%	0.11%	0.11%
CHD	B	0.42%	0.21%	0.21%
CHRW	C	0.09%	0.2%	0.09%
CI	F	0.19%	0.28%	0.19%
CL	D	0.41%	0.09%	0.09%
CLX	B	0.41%	0.26%	0.26%
CMCSA	B	0.52%	0.2%	0.2%
CMG	B	0.5%	0.13%	0.13%
CMI	A	0.08%	0.46%	0.08%
CMS	C	0.08%	0.18%	0.08%
CNC	D	0.26%	0.07%	0.07%
COF	B	0.7%	0.12%	0.12%
COP	C	0.07%	0.36%	0.07%
COR	B	0.18%	0.22%	0.18%
COST	B	0.71%	0.79%	0.71%
CPB	D	0.2%	0.08%	0.08%
CRM	B	0.35%	0.72%	0.35%
CSCO	B	0.21%	0.47%	0.21%
CVX	A	0.76%	0.61%	0.61%
D	C	0.24%	0.15%	0.15%
DAL	C	0.28%	0.23%	0.23%
DE	A	0.13%	0.22%	0.13%
DECK	A	0.3%	0.2%	0.2%
DELL	C	0.17%	0.11%	0.11%
DFS	B	0.69%	0.24%	0.24%
DGX	A	0.16%	0.14%	0.14%
DHI	D	0.24%	0.09%	0.09%
DHR	F	0.1%	0.31%	0.1%
DIS	B	0.21%	0.47%	0.21%
DLR	B	0.26%	0.23%	0.23%
DLTR	F	0.17%	0.06%	0.06%
DVA	B	0.11%	0.1%	0.1%
DXCM	D	0.1%	0.1%	0.1%
EA	A	0.49%	0.17%	0.17%
ECL	D	0.05%	0.4%	0.05%
ED	D	0.24%	0.09%	0.09%
EIX	B	0.25%	0.11%	0.11%
ELV	F	0.24%	0.34%	0.24%
EQIX	A	0.27%	0.33%	0.27%
EQT	B	0.18%	0.12%	0.12%
ES	D	0.07%	0.1%	0.07%
ETN	A	0.26%	0.19%	0.19%
EW	C	0.06%	0.25%	0.06%
EXC	C	0.3%	0.16%	0.16%
EXPD	D	0.09%	0.25%	0.09%
FANG	D	0.07%	0.09%	0.07%
FDS	B	0.04%	0.16%	0.04%
FDX	B	0.07%	0.11%	0.07%
FI	A	0.06%	0.12%	0.06%
FICO	B	0.05%	0.12%	0.05%
FIS	C	0.05%	0.13%	0.05%
FOX	A	0.1%	0.11%	0.1%
FSLR	F	0.2%	0.08%	0.08%
FTV	C	0.03%	0.14%	0.03%
GDDY	A	0.27%	0.11%	0.11%
GE	D	0.17%	0.45%	0.17%
GEV	B	0.18%	0.17%	0.17%
GILD	C	0.25%	0.48%	0.25%
GIS	D	0.21%	0.35%	0.21%
GOOG	C	0.23%	2.34%	0.23%
GOOGL	C	0.23%	1.19%	0.23%
GS	A	0.25%	0.4%	0.25%
GWW	B	0.12%	0.37%	0.12%
HBAN	A	0.06%	0.17%	0.06%
HCA	F	0.33%	0.13%	0.13%
HD	A	0.26%	1.02%	0.26%
HES	B	0.07%	0.32%	0.07%
HIG	B	0.14%	0.26%	0.14%
HII	D	0.08%	0.07%	0.07%
HLT	A	0.12%	0.11%	0.11%
HOLX	D	0.1%	0.1%	0.1%
HON	B	0.17%	0.39%	0.17%
HPE	B	0.19%	0.17%	0.17%
HPQ	B	0.35%	0.1%	0.1%
HRL	D	0.36%	0.09%	0.09%
HUBB	B	0.26%	0.11%	0.11%
HWM	A	0.08%	0.11%	0.08%
IBM	C	0.34%	0.52%	0.34%
IDXX	F	0.1%	0.23%	0.1%
IEX	B	0.2%	0.11%	0.11%
IFF	D	0.05%	0.08%	0.05%
INTC	D	0.16%	0.29%	0.16%
INTU	C	0.2%	0.61%	0.2%
IP	B	0.06%	0.11%	0.06%
IPG	D	0.34%	0.08%	0.08%
IQV	D	0.14%	0.12%	0.12%
IR	B	0.2%	0.11%	0.11%
IRM	D	0.06%	0.15%	0.06%
ISRG	A	0.12%	0.33%	0.12%
IT	C	0.13%	0.16%	0.13%
J	F	0.4%	0.13%	0.13%
JBHT	C	0.08%	0.1%	0.08%
JCI	C	0.08%	0.18%	0.08%
JNJ	D	0.24%	0.62%	0.24%
JNPR	F	0.2%	0.1%	0.1%
JPM	A	0.13%	1.34%	0.13%
K	A	0.18%	0.48%	0.18%
KDP	D	0.24%	0.09%	0.09%
KEYS	A	0.21%	0.2%	0.2%
KHC	F	0.21%	0.16%	0.16%
KKR	A	0.09%	0.12%	0.09%
KMB	D	0.42%	0.15%	0.15%
KMI	A	0.25%	0.32%	0.25%
KO	D	0.25%	0.85%	0.25%
KR	B	0.74%	0.22%	0.22%
LDOS	C	0.13%	0.1%	0.1%
LH	C	0.16%	0.1%	0.1%
LIN	D	0.04%	0.34%	0.04%
LKQ	D	0.14%	0.23%	0.14%
LLY	F	0.23%	1.21%	0.23%
LOW	D	0.26%	0.39%	0.26%
LULU	C	0.31%	0.12%	0.12%
MA	C	0.04%	0.95%	0.04%
MCD	D	0.5%	0.31%	0.31%
MCK	B	0.18%	0.32%	0.18%
MCO	B	0.04%	0.3%	0.04%
MET	A	0.21%	0.31%	0.21%
META	D	0.47%	2.19%	0.47%
MKC	D	0.21%	0.1%	0.1%
MMC	B	0.04%	0.17%	0.04%
MMM	D	0.17%	0.32%	0.17%
MOH	F	0.25%	0.08%	0.08%
MRK	F	0.24%	0.47%	0.24%
MRNA	F	0.24%	0.04%	0.04%
MRO	B	0.07%	0.1%	0.07%
MS	A	0.26%	0.54%	0.26%
MSFT	F	0.32%	5.77%	0.32%
MTD	D	0.15%	0.08%	0.08%
MU	D	0.15%	0.18%	0.15%
NDAQ	A	0.04%	0.2%	0.04%
NEE	D	0.24%	0.41%	0.24%
NEM	D	0.25%	0.15%	0.15%
NFLX	A	0.22%	0.6%	0.22%
NI	A	0.33%	0.38%	0.33%
NOC	D	0.09%	0.19%	0.09%
NOW	A	0.22%	0.66%	0.22%
NTAP	C	0.17%	0.08%	0.08%
NTRS	A	0.08%	0.12%	0.08%
NUE	C	0.26%	0.12%	0.12%
NVDA	C	0.13%	6.91%	0.13%
NXPI	D	0.23%	0.26%	0.23%
ODFL	B	0.08%	0.1%	0.08%
OKE	A	0.24%	0.39%	0.24%
ORCL	B	0.34%	0.59%	0.34%
PANW	C	0.16%	0.27%	0.16%
PARA	C	0.2%	0.09%	0.09%
PAYX	C	0.21%	0.11%	0.11%
PEG	A	0.26%	0.48%	0.26%
PEP	F	0.18%	0.38%	0.18%
PFE	D	0.24%	0.24%	0.24%
PFG	D	0.21%	0.11%	0.11%
PG	A	0.42%	0.69%	0.42%
PGR	A	0.19%	0.42%	0.19%
PHM	D	0.25%	0.1%	0.1%
PLD	D	0.06%	0.13%	0.06%
PNC	B	0.06%	0.36%	0.06%
PNR	A	0.19%	0.32%	0.19%
POOL	C	0.13%	0.1%	0.1%
PPG	F	0.07%	0.21%	0.07%
PRU	A	0.2%	0.54%	0.2%
PSX	C	0.51%	0.13%	0.13%
PTC	A	0.17%	0.15%	0.15%
PWR	A	0.4%	0.11%	0.11%
PYPL	B	0.06%	0.14%	0.06%
QCOM	F	0.22%	0.28%	0.22%
RCL	A	0.09%	0.14%	0.09%
REGN	F	0.22%	0.15%	0.15%
RTX	C	0.08%	0.42%	0.08%
SBAC	D	0.06%	0.13%	0.06%
SBUX	A	0.48%	0.24%	0.24%
SCHW	B	0.25%	0.2%	0.2%
SLB	C	0.35%	0.1%	0.1%
SNPS	B	0.34%	0.21%	0.21%
SPGI	C	0.04%	0.47%	0.04%
STE	F	0.12%	0.15%	0.12%
STLD	B	0.27%	0.11%	0.11%
STX	D	0.17%	0.09%	0.09%
SYF	B	0.69%	0.22%	0.22%
SYK	C	0.12%	0.11%	0.11%
SYY	B	0.75%	0.09%	0.09%
T	A	0.33%	0.16%	0.16%
TAP	C	0.25%	0.19%	0.19%
TFC	A	0.06%	0.13%	0.06%
TFX	F	0.05%	0.08%	0.05%
TGT	F	0.17%	0.23%	0.17%
TMO	F	0.14%	0.2%	0.14%
TRGP	B	0.24%	0.28%	0.24%
TRMB	B	0.03%	0.12%	0.03%
TRV	B	0.14%	0.21%	0.14%
TSCO	D	0.12%	0.14%	0.12%
TSLA	B	0.28%	1.78%	0.28%
TT	A	0.07%	0.47%	0.07%
TXN	C	0.23%	0.7%	0.23%
UBER	D	0.11%	0.23%	0.11%
ULTA	F	0.17%	0.09%	0.09%
UNH	C	0.26%	0.95%	0.26%
UNP	C	0.08%	0.29%	0.08%
UPS	C	0.09%	0.16%	0.09%
URI	B	0.14%	0.13%	0.13%
USB	A	0.06%	0.17%	0.06%
V	A	0.04%	1.05%	0.04%
VLO	C	0.5%	0.09%	0.09%
VLTO	D	0.03%	0.19%	0.03%
VRTX	F	0.23%	0.32%	0.23%
VZ	C	0.33%	0.37%	0.33%
WAT	B	0.15%	0.17%	0.15%
WDC	D	0.17%	0.09%	0.09%
WELL	A	0.11%	0.24%	0.11%
WFC	A	0.13%	0.13%	0.13%
WST	C	0.05%	0.1%	0.05%
WTW	B	0.03%	0.11%	0.03%
WY	D	0.17%	0.1%	0.1%
XOM	B	0.77%	0.58%	0.58%
XYL	D	0.19%	0.22%	0.19%
ZBH	C	0.12%	0.1%	0.1%
ZTS	D	0.25%	0.34%	0.25%

SSPY Overweight 241 Positions Relative to ESGU

Symbol	Grade	Weight
WMT	A	0.73%
ROST	C	0.72%
TJX	A	0.72%
CVS	D	0.69%
WBA	F	0.64%
DPZ	C	0.52%
DRI	B	0.51%
YUM	B	0.51%
EL	F	0.5%
MPC	D	0.49%
TTWO	A	0.49%
L	A	0.49%
MSI	B	0.49%
CHTR	C	0.47%
MTCH	D	0.47%
KVUE	A	0.42%
BWA	D	0.42%
VST	B	0.41%
APTV	D	0.4%
JBL	B	0.38%
TSN	B	0.36%
PM	B	0.35%
MO	A	0.35%
OMC	C	0.34%
HAL	C	0.34%
TMUS	B	0.33%
ATO	A	0.33%
GRMN	B	0.33%
TPR	B	0.33%
NRG	B	0.33%
NKE	D	0.33%
AES	F	0.32%
AWK	D	0.32%
UHS	D	0.32%
RL	B	0.32%
FCX	D	0.3%
UAL	A	0.28%
SWK	D	0.27%
VRSN	F	0.27%
CNP	B	0.26%
ENPH	F	0.26%
HAS	D	0.26%
NVR	D	0.26%
HUM	C	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%
STZ	D	0.25%
SNA	A	0.25%
LUV	C	0.25%
MNST	C	0.25%
ETR	B	0.25%
INCY	C	0.25%
RJF	A	0.25%
AEP	D	0.24%
FE	C	0.24%
VTRS	A	0.24%
PLTR	B	0.23%
CPRT	A	0.23%
ON	D	0.23%
PAYC	B	0.22%
TYL	B	0.22%
LW	C	0.22%
EBAY	D	0.22%
DAY	B	0.22%
MPWR	F	0.22%
FFIV	B	0.21%
AOS	F	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
SJM	D	0.21%
CAG	D	0.21%
ALL	A	0.2%
GL	B	0.2%
AIG	B	0.2%
ERIE	D	0.2%
HSIC	B	0.2%
MHK	D	0.19%
APH	A	0.19%
TEL	B	0.19%
MAS	D	0.19%
WBD	C	0.19%
BLDR	D	0.19%
GLW	B	0.19%
BBWI	D	0.19%
HSY	F	0.18%
RSG	A	0.18%
CTAS	B	0.18%
CRWD	B	0.18%
WM	A	0.18%
MDLZ	F	0.18%
ROL	B	0.18%
TER	D	0.17%
DG	F	0.17%
FTNT	C	0.17%
DOV	A	0.17%
GEN	B	0.17%
ITW	B	0.17%
CTRA	B	0.17%
MLM	B	0.17%
VMC	B	0.17%
KLAC	D	0.17%
DVN	F	0.16%
GD	F	0.16%
BA	F	0.16%
TXT	D	0.16%
TECH	D	0.15%
SMCI	F	0.15%
GPC	D	0.15%
WRB	A	0.14%
MCHP	D	0.14%
AZO	C	0.14%
CINF	A	0.14%
ORLY	B	0.14%
CRL	C	0.14%
CB	C	0.14%
KMX	B	0.14%
EG	C	0.14%
FAST	B	0.13%
PCAR	B	0.13%
CDW	F	0.13%
AMCR	D	0.13%
AME	A	0.13%
EPAM	C	0.13%
CTSH	B	0.13%
ZBRA	B	0.13%
WAB	B	0.13%
STT	A	0.12%
MAR	B	0.12%
ABNB	C	0.12%
EXPE	B	0.12%
ARE	D	0.11%
VTR	C	0.11%
EXR	D	0.11%
PSA	D	0.11%
CPT	B	0.11%
DOC	D	0.11%
BXP	D	0.11%
HST	C	0.11%
PODD	C	0.1%
NWSA	B	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%
UDR	B	0.1%
FOXA	B	0.1%
TROW	B	0.09%
FMC	D	0.09%
LMT	D	0.09%
BEN	C	0.09%
CCL	B	0.09%
CF	B	0.09%
NCLH	B	0.09%
LYV	A	0.09%
IVZ	B	0.09%
RMD	C	0.09%
ALLE	D	0.08%
PCG	A	0.08%
SO	D	0.08%
SRE	A	0.08%
XEL	A	0.08%
PPL	B	0.08%
EVRG	A	0.08%
LNT	A	0.08%
AEE	A	0.08%
TDG	D	0.08%
PH	A	0.08%
NSC	B	0.08%
OTIS	C	0.08%
GNRC	B	0.08%
WYNN	D	0.08%
BX	A	0.08%
LHX	C	0.08%
LVS	C	0.08%
AMP	A	0.08%
MOS	F	0.08%
CSX	B	0.08%
CTVA	C	0.08%
O	D	0.07%
SPG	B	0.07%
LYB	F	0.07%
SW	A	0.07%
OXY	D	0.07%
CZR	F	0.07%
MGM	D	0.07%
EOG	A	0.07%
DOW	F	0.07%
APA	D	0.07%
PNW	B	0.07%
WEC	A	0.07%
CE	F	0.07%
DUK	C	0.07%
CFG	B	0.06%
FITB	A	0.06%
KEY	B	0.06%
RF	A	0.06%
MTB	A	0.06%
ABT	B	0.06%
MDT	D	0.06%
AVY	D	0.06%
BSX	B	0.06%
PKG	A	0.06%
REG	B	0.06%
KIM	A	0.06%
FRT	B	0.06%
SHW	A	0.06%
VICI	C	0.06%
SOLV	C	0.05%
BAX	D	0.05%
APD	A	0.05%
BDX	F	0.05%
EMN	D	0.05%
DD	D	0.05%
ALB	C	0.05%
JKHY	D	0.05%
AON	A	0.04%
BRO	B	0.04%
EFX	F	0.04%
CSGP	D	0.04%
VRSK	A	0.04%
GPN	B	0.04%
CBOE	B	0.04%
MSCI	C	0.04%
ICE	C	0.04%
CPAY	A	0.04%
MKTX	D	0.04%
CME	A	0.04%
ROP	B	0.03%
ROK	B	0.03%
NDSN	B	0.03%
TDY	B	0.03%
EMR	A	0.03%

SSPY Underweight 25 Positions Relative to ESGU

Symbol	Grade	Weight
CRH	A	-0.39%
LRCX	F	-0.29%
FLUT	A	-0.25%
LNG	B	-0.2%
FERG	B	-0.2%
COO	D	-0.17%
MELI	D	-0.17%
WDAY	B	-0.17%
MRVL	B	-0.16%
TEAM	A	-0.15%
TWLO	A	-0.15%
OVV	B	-0.14%
WSM	B	-0.13%
EME	C	-0.13%
LII	A	-0.13%
HUBS	A	-0.13%
CNH	C	-0.12%
VEEV	C	-0.11%
OC	A	-0.11%
FBIN	D	-0.1%
MDB	C	-0.1%
SNOW	C	-0.09%
WTRG	B	-0.09%
AVTR	F	-0.08%
ALNY	D	-0.08%