SSPY vs. GLBL ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Pacer MSCI World Industry Advantage ETF (GLBL)

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

GLBL

Pacer MSCI World Industry Advantage ETF

GLBL Description

GLBL tracks an index that aims to invest in firms that lead the industry from the country with the most active weight in each of the GICS Industry Groups. First, the fund determines which country has the highest active weight in each of the twenty-five GICS Industry Groups as measured against the MSCI World Index, its parent index. Only large- and midcap companies from developed market countries are considered. Then, all securities with a 3-month ADTV greater than or equal to USD 5 Million become eligible. Finally, at each quarterly review and initial construction, the eligible securities that meet the liquidity criteria are grouped by country, and each group is weighted in proportion to their aggregate free-float market cap and the corresponding country's GDP. The weights are then normalized to sum to 100%, with each security having a cap of 5%.

Grade (RS Rating)

Last Trade

$21.23

Average Daily Volume

273

Number of Holdings ^*

280

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	GLBL
30 Days	4.23%	3.25%
60 Days	1.79%	4.07%
90 Days	3.72%
12 Months	23.81%

220 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in GLBL	Overlap
AAPL	C	0.5%	4.65%	0.5%
ABNB	C	0.12%	0.19%	0.12%
ABT	B	0.06%	0.62%	0.06%
ACN	C	0.13%	0.69%	0.13%
ADBE	C	0.16%	0.75%	0.16%
ADI	D	0.22%	0.35%	0.22%
ADSK	A	0.17%	0.22%	0.17%
AKAM	D	0.27%	0.04%	0.04%
ALGN	D	0.1%	0.05%	0.05%
AMAT	F	0.18%	0.47%	0.18%
AMD	F	0.14%	0.69%	0.14%
AMP	A	0.08%	0.2%	0.08%
AMT	D	0.06%	0.27%	0.06%
AMZN	C	0.22%	5.62%	0.22%
ANET	C	0.21%	0.32%	0.21%
ANSS	B	0.17%	0.08%	0.08%
APH	A	0.19%	0.27%	0.19%
ARE	D	0.11%	0.05%	0.05%
AVB	B	0.1%	0.11%	0.1%
AVGO	D	0.23%	2.4%	0.23%
AXP	A	0.04%	0.54%	0.04%
BAX	D	0.05%	0.05%	0.05%
BBWI	D	0.19%	0.02%	0.02%
BBY	D	0.17%	0.06%	0.06%
BDX	F	0.05%	0.22%	0.05%
BEN	C	0.09%	0.02%	0.02%
BK	A	0.11%	0.18%	0.11%
BLK	C	0.08%	0.48%	0.08%
BRK.A	B	0.5%	1.98%	0.5%
BSX	B	0.06%	0.4%	0.06%
BX	A	0.08%	0.38%	0.08%
BXP	D	0.11%	0.04%	0.04%
CAH	B	0.19%	0.09%	0.09%
CBOE	B	0.04%	0.05%	0.04%
CCI	D	0.06%	0.14%	0.06%
CCL	B	0.09%	0.07%	0.07%
CDNS	B	0.33%	0.29%	0.29%
CDW	F	0.13%	0.09%	0.09%
CHTR	C	0.47%	0.1%	0.1%
CI	F	0.19%	0.31%	0.19%
CMCSA	B	0.52%	0.54%	0.52%
CME	A	0.04%	0.27%	0.04%
CMG	B	0.5%	0.25%	0.25%
CNC	D	0.26%	0.1%	0.1%
COF	B	0.7%	0.22%	0.22%
COR	B	0.18%	0.12%	0.12%
COST	B	0.71%	1.31%	0.71%
CPAY	A	0.04%	0.09%	0.04%
CPT	B	0.11%	0.03%	0.03%
CRM	B	0.35%	1.04%	0.35%
CRWD	B	0.18%	0.24%	0.18%
CSCO	B	0.21%	0.74%	0.21%
CTSH	B	0.13%	0.14%	0.13%
CVS	D	0.69%	0.22%	0.22%
DELL	C	0.17%	0.13%	0.13%
DFS	B	0.69%	0.12%	0.12%
DG	F	0.17%	0.05%	0.05%
DGX	A	0.16%	0.04%	0.04%
DIS	B	0.21%	0.58%	0.21%
DLR	B	0.26%	0.17%	0.17%
DLTR	F	0.17%	0.05%	0.05%
DOC	D	0.11%	0.05%	0.05%
DPZ	C	0.52%	0.05%	0.05%
DRI	B	0.51%	0.08%	0.08%
DVA	B	0.11%	0.04%	0.04%
DXCM	D	0.1%	0.09%	0.09%
EA	A	0.49%	0.11%	0.11%
EBAY	D	0.22%	0.1%	0.1%
ELV	F	0.24%	0.29%	0.24%
ENPH	F	0.26%	0.03%	0.03%
EPAM	C	0.13%	0.06%	0.06%
EQIX	A	0.27%	0.21%	0.21%
EQR	B	0.1%	0.09%	0.09%
ESS	B	0.1%	0.07%	0.07%
EW	C	0.06%	0.12%	0.06%
EXPE	B	0.12%	0.08%	0.08%
EXR	D	0.11%	0.12%	0.11%
FDS	B	0.04%	0.06%	0.04%
FFIV	B	0.21%	0.06%	0.06%
FI	A	0.06%	0.4%	0.06%
FIS	C	0.05%	0.15%	0.05%
FOX	A	0.1%	0.02%	0.02%
FOXA	B	0.1%	0.03%	0.03%
FSLR	F	0.2%	0.04%	0.04%
FTNT	C	0.17%	0.21%	0.17%
GDDY	A	0.27%	0.09%	0.09%
GEHC	F	0.1%	0.12%	0.1%
GEN	B	0.17%	0.05%	0.05%
GLW	B	0.19%	0.12%	0.12%
GOOG	C	0.23%	2.84%	0.23%
GOOGL	C	0.23%	3.27%	0.23%
GPC	D	0.15%	0.06%	0.06%
GPN	B	0.04%	0.08%	0.04%
GS	A	0.25%	0.56%	0.25%
HCA	F	0.33%	0.25%	0.25%
HD	A	0.26%	1.25%	0.26%
HLT	A	0.12%	0.18%	0.12%
HOLX	D	0.1%	0.06%	0.06%
HPE	B	0.19%	0.09%	0.09%
HPQ	B	0.35%	0.11%	0.11%
HSIC	B	0.2%	0.03%	0.03%
HST	C	0.11%	0.04%	0.04%
HUM	C	0.26%	0.14%	0.14%
IBM	C	0.34%	0.59%	0.34%
ICE	C	0.04%	0.29%	0.04%
IDXX	F	0.1%	0.1%	0.1%
INTC	D	0.16%	0.33%	0.16%
INTU	C	0.2%	0.58%	0.2%
INVH	D	0.1%	0.06%	0.06%
IPG	D	0.34%	0.03%	0.03%
IRM	D	0.06%	0.11%	0.06%
ISRG	A	0.12%	0.57%	0.12%
IT	C	0.13%	0.13%	0.13%
JBL	B	0.38%	0.03%	0.03%
JKHY	D	0.05%	0.04%	0.04%
JNPR	F	0.2%	0.04%	0.04%
KEYS	A	0.21%	0.07%	0.07%
KIM	A	0.06%	0.05%	0.05%
KKR	A	0.09%	0.29%	0.09%
KLAC	D	0.17%	0.3%	0.17%
KMX	B	0.14%	0.04%	0.04%
KR	B	0.74%	0.13%	0.13%
LH	C	0.16%	0.06%	0.06%
LKQ	D	0.14%	0.04%	0.04%
LOW	D	0.26%	0.51%	0.26%
LVS	C	0.08%	0.06%	0.06%
LYV	A	0.09%	0.06%	0.06%
MA	C	0.04%	1.35%	0.04%
MAA	B	0.1%	0.08%	0.08%
MAR	B	0.12%	0.2%	0.12%
MCD	D	0.5%	0.7%	0.5%
MCHP	D	0.14%	0.11%	0.11%
MCK	B	0.18%	0.29%	0.18%
MCO	B	0.04%	0.22%	0.04%
MDT	D	0.06%	0.35%	0.06%
META	D	0.47%	3.94%	0.47%
MGM	D	0.07%	0.03%	0.03%
MKTX	D	0.04%	0.03%	0.03%
MOH	F	0.25%	0.07%	0.07%
MPWR	F	0.22%	0.14%	0.14%
MS	A	0.26%	0.5%	0.26%
MSCI	C	0.04%	0.14%	0.04%
MSFT	F	0.32%	4.69%	0.32%
MSI	B	0.49%	0.23%	0.23%
MTCH	D	0.47%	0.02%	0.02%
MU	D	0.15%	0.35%	0.15%
NDAQ	A	0.04%	0.11%	0.04%
NFLX	A	0.22%	1.17%	0.22%
NOW	A	0.22%	0.74%	0.22%
NTAP	C	0.17%	0.08%	0.08%
NTRS	A	0.08%	0.08%	0.08%
NVDA	C	0.13%	5.39%	0.13%
NWSA	B	0.1%	0.03%	0.03%
NXPI	D	0.23%	0.18%	0.18%
O	D	0.07%	0.16%	0.07%
OMC	C	0.34%	0.07%	0.07%
ON	D	0.23%	0.1%	0.1%
ORCL	B	0.34%	0.98%	0.34%
ORLY	B	0.14%	0.29%	0.14%
PANW	C	0.16%	0.38%	0.16%
PARA	C	0.2%	0.02%	0.02%
PLD	D	0.06%	0.33%	0.06%
PLTR	B	0.23%	0.38%	0.23%
PODD	C	0.1%	0.06%	0.06%
POOL	C	0.13%	0.04%	0.04%
PSA	D	0.11%	0.16%	0.11%
PTC	A	0.17%	0.09%	0.09%
PYPL	B	0.06%	0.27%	0.06%
QCOM	F	0.22%	0.56%	0.22%
QRVO	F	0.21%	0.02%	0.02%
RCL	A	0.09%	0.16%	0.09%
REG	B	0.06%	0.03%	0.03%
RJF	A	0.25%	0.11%	0.11%
RMD	C	0.09%	0.11%	0.09%
ROP	B	0.03%	0.2%	0.03%
ROST	C	0.72%	0.13%	0.13%
SBAC	D	0.06%	0.05%	0.05%
SBUX	A	0.48%	0.35%	0.35%
SCHW	B	0.25%	0.37%	0.25%
SMCI	F	0.15%	0.05%	0.05%
SNPS	B	0.34%	0.26%	0.26%
SOLV	C	0.05%	0.03%	0.03%
SPG	B	0.07%	0.17%	0.07%
SPGI	C	0.04%	0.48%	0.04%
STE	F	0.12%	0.05%	0.05%
STT	A	0.12%	0.09%	0.09%
STX	D	0.17%	0.07%	0.07%
SWKS	F	0.21%	0.04%	0.04%
SYF	B	0.69%	0.08%	0.08%
SYK	C	0.12%	0.41%	0.12%
SYY	B	0.75%	0.13%	0.13%
TDY	B	0.03%	0.06%	0.03%
TER	D	0.17%	0.05%	0.05%
TFX	F	0.05%	0.05%	0.05%
TGT	F	0.17%	0.22%	0.17%
TJX	A	0.72%	0.43%	0.43%
TRMB	B	0.03%	0.05%	0.03%
TROW	B	0.09%	0.08%	0.08%
TSCO	D	0.12%	0.07%	0.07%
TTWO	A	0.49%	0.09%	0.09%
TXN	C	0.23%	0.58%	0.23%
TYL	B	0.22%	0.14%	0.14%
UDR	B	0.1%	0.04%	0.04%
UHS	D	0.32%	0.05%	0.05%
ULTA	F	0.17%	0.09%	0.09%
UNH	C	0.26%	1.71%	0.26%
V	A	0.04%	1.52%	0.04%
VICI	C	0.06%	0.1%	0.06%
VRSN	F	0.27%	0.04%	0.04%
VTR	C	0.11%	0.08%	0.08%
WBA	F	0.64%	0.02%	0.02%
WBD	C	0.19%	0.07%	0.07%
WDC	D	0.17%	0.06%	0.06%
WELL	A	0.11%	0.25%	0.11%
WMT	A	0.73%	1.18%	0.73%
WY	D	0.17%	0.07%	0.07%
WYNN	D	0.08%	0.02%	0.02%
YUM	B	0.51%	0.13%	0.13%
ZBH	C	0.12%	0.08%	0.08%
ZBRA	B	0.13%	0.09%	0.09%

SSPY Overweight 280 Positions Relative to GLBL

Symbol	Grade	Weight
XOM	B	0.77%
CVX	A	0.76%
PSX	C	0.51%
VLO	C	0.5%
EL	F	0.5%
MPC	D	0.49%
L	A	0.49%
KMB	D	0.42%
KVUE	A	0.42%
PG	A	0.42%
BWA	D	0.42%
CHD	B	0.42%
VST	B	0.41%
CL	D	0.41%
CLX	B	0.41%
APTV	D	0.4%
J	F	0.4%
PWR	A	0.4%
CEG	D	0.38%
ADM	D	0.37%
BG	F	0.37%
TSN	B	0.36%
HRL	D	0.36%
SLB	C	0.35%
PM	B	0.35%
BKR	B	0.35%
MO	A	0.35%
HAL	C	0.34%
TMUS	B	0.33%
ATO	A	0.33%
GRMN	B	0.33%
TPR	B	0.33%
NI	A	0.33%
VZ	C	0.33%
T	A	0.33%
NRG	B	0.33%
NKE	D	0.33%
AES	F	0.32%
AWK	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%
STLD	B	0.27%
CNP	B	0.26%
HUBB	B	0.26%
NUE	C	0.26%
PEG	A	0.26%
HAS	D	0.26%
NVR	D	0.26%
ETN	A	0.26%
LEN	D	0.25%
GM	B	0.25%
WMB	A	0.25%
NEM	D	0.25%
KO	D	0.25%
DTE	C	0.25%
F	C	0.25%
GILD	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%
MNST	C	0.25%
ETR	B	0.25%
TAP	C	0.25%
INCY	C	0.25%
BMY	B	0.25%
MRNA	F	0.24%
AMGN	D	0.24%
JNJ	D	0.24%
DHI	D	0.24%
AEP	D	0.24%
MRK	F	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%
KDP	D	0.24%
BIIB	F	0.24%
NEE	D	0.24%
ABBV	D	0.24%
CPRT	A	0.23%
LLY	F	0.23%
VRTX	F	0.23%
PAYC	B	0.22%
REGN	F	0.22%
LW	C	0.22%
DAY	B	0.22%
PFG	D	0.21%
AOS	F	0.21%
MKC	D	0.21%
KHC	F	0.21%
SJM	D	0.21%
GIS	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%
IEX	B	0.2%
IR	B	0.2%
AFL	B	0.2%
CPB	D	0.2%
PRU	A	0.2%
AIZ	A	0.2%
ERIE	D	0.2%
MHK	D	0.19%
XYL	D	0.19%
TEL	B	0.19%
PGR	A	0.19%
MAS	D	0.19%
PNR	A	0.19%
BLDR	D	0.19%
PEP	F	0.18%
HSY	F	0.18%
RSG	A	0.18%
CTAS	B	0.18%
GEV	B	0.18%
EQT	B	0.18%
WM	A	0.18%
MDLZ	F	0.18%
ROL	B	0.18%
K	A	0.18%
HON	B	0.17%
MMM	D	0.17%
DOV	A	0.17%
ITW	B	0.17%
CTRA	B	0.17%
GE	D	0.17%
MLM	B	0.17%
VMC	B	0.17%
DVN	F	0.16%
GD	F	0.16%
BA	F	0.16%
TXT	D	0.16%
TECH	D	0.15%
A	D	0.15%
WAT	B	0.15%
MTD	D	0.15%
WRB	A	0.14%
AZO	C	0.14%
CAT	B	0.14%
IQV	D	0.14%
TMO	F	0.14%
URI	B	0.14%
TRV	B	0.14%
CINF	A	0.14%
CRL	C	0.14%
CB	C	0.14%
HIG	B	0.14%
ACGL	D	0.14%
EG	C	0.14%
BALL	D	0.13%
FAST	B	0.13%
JPM	A	0.13%
PCAR	B	0.13%
AMCR	D	0.13%
AME	A	0.13%
DE	A	0.13%
WFC	A	0.13%
C	A	0.13%
WAB	B	0.13%
LDOS	C	0.13%
GWW	B	0.12%
BAC	A	0.12%
BR	A	0.11%
BKNG	A	0.11%
UBER	D	0.11%
DHR	F	0.1%
NWS	B	0.1%
RVTY	F	0.1%
FMC	D	0.09%
LMT	D	0.09%
NOC	D	0.09%
UPS	C	0.09%
EXPD	D	0.09%
AXON	A	0.09%
CHRW	C	0.09%
CF	B	0.09%
NCLH	B	0.09%
IVZ	B	0.09%
ALLE	D	0.08%
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%
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%
ODFL	B	0.08%
RTX	C	0.08%
HII	D	0.08%
LHX	C	0.08%
MOS	F	0.08%
JBHT	C	0.08%
CSX	B	0.08%
CTVA	C	0.08%
LYB	F	0.07%
SW	A	0.07%
PPG	F	0.07%
FANG	D	0.07%
OXY	D	0.07%
CZR	F	0.07%
COP	C	0.07%
MRO	B	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%
WEC	A	0.07%
CE	F	0.07%
ES	D	0.07%
TT	A	0.07%
DUK	C	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%
AVY	D	0.06%
IP	B	0.06%
PKG	A	0.06%
FRT	B	0.06%
SHW	A	0.06%
FICO	B	0.05%
IFF	D	0.05%
ECL	D	0.05%
APD	A	0.05%
WST	C	0.05%
EMN	D	0.05%
DD	D	0.05%
ALB	C	0.05%
AON	A	0.04%
MMC	B	0.04%
BRO	B	0.04%
EFX	F	0.04%
CBRE	B	0.04%
CSGP	D	0.04%
VRSK	A	0.04%
LIN	D	0.04%
VLTO	D	0.03%
ROK	B	0.03%
NDSN	B	0.03%
EMR	A	0.03%
FTV	C	0.03%
AJG	B	0.03%
WTW	B	0.03%

SSPY Underweight 60 Positions Relative to GLBL

Symbol	Grade	Weight
TM	D	-0.55%
MELI	D	-0.45%
UL	D	-0.44%
LRCX	F	-0.35%
TD	F	-0.3%
MRVL	B	-0.23%
APP	B	-0.2%
COIN	C	-0.2%
APO	B	-0.19%
WDAY	B	-0.19%
TTD	B	-0.18%
CNI	D	-0.18%
HUBS	A	-0.16%
DASH	A	-0.16%
MSTR	C	-0.15%
SQ	B	-0.14%
HMC	F	-0.12%
TEAM	A	-0.12%
DDOG	A	-0.12%
SNOW	C	-0.12%
VEEV	C	-0.11%
NET	B	-0.09%
ARES	A	-0.08%
MANH	D	-0.07%
MDB	C	-0.07%
LPLA	A	-0.07%
RBLX	C	-0.07%
PINS	D	-0.06%
DOCU	A	-0.06%
DKNG	B	-0.06%
SUI	D	-0.06%
TW	A	-0.06%
ZM	B	-0.06%
WSM	B	-0.06%
BURL	A	-0.06%
GLPI	C	-0.05%
DKS	C	-0.05%
PSTG	D	-0.05%
TOST	B	-0.05%
TWLO	A	-0.05%
ENTG	D	-0.05%
ZS	C	-0.05%
DT	C	-0.05%
HOOD	B	-0.05%
ROKU	D	-0.04%
AMH	D	-0.04%
CG	A	-0.04%
SNAP	C	-0.04%
OKTA	C	-0.04%
IOT	A	-0.04%
H	B	-0.04%
WPC	D	-0.04%
EQH	B	-0.04%
CRBG	B	-0.03%
ELS	C	-0.03%
ALLY	C	-0.03%
SEIC	B	-0.02%
AGCO	D	-0.02%
ACI	C	-0.02%
BSY	D	-0.02%