SSPY vs. NBCR ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Neuberger Berman Core Equity ETF (NBCR)

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

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	NBCR
30 Days	4.23%	2.81%
60 Days	1.79%	4.11%
90 Days	3.72%	5.52%
12 Months	23.81%

157 Overlapping Holdings

	Symbol	Grade	Weight in SSPY	Weight in NBCR	Overlap
	AAPL	C	0.5%	6.48%	0.5%
	ABBV	D	0.24%	0.86%	0.24%
	ACN	C	0.13%	0.47%	0.13%
	ADI	D	0.22%	0.5%	0.22%
	ADSK	A	0.17%	0.17%	0.17%
	AEP	D	0.24%	0.19%	0.19%
	AIG	B	0.2%	0.76%	0.2%
	AIZ	A	0.2%	0.25%	0.2%
	ALL	A	0.2%	0.45%	0.2%
	AMAT	F	0.18%	0.52%	0.18%
	AMD	F	0.14%	0.57%	0.14%
	AMGN	D	0.24%	0.31%	0.24%
	AMZN	C	0.22%	3.83%	0.22%
	AON	A	0.04%	1.41%	0.04%
	APD	A	0.05%	0.14%	0.05%
	APH	A	0.19%	0.45%	0.19%
	APTV	D	0.4%	0.14%	0.14%
	AVY	D	0.06%	0.29%	0.06%
	BA	F	0.16%	0.19%	0.16%
	BAC	A	0.12%	0.76%	0.12%
	BK	A	0.11%	0.12%	0.11%
	BKNG	A	0.11%	0.49%	0.11%
	BLDR	D	0.19%	0.12%	0.12%
	BLK	C	0.08%	0.35%	0.08%
	BMY	B	0.25%	0.28%	0.25%
	BSX	B	0.06%	0.87%	0.06%
	C	A	0.13%	0.39%	0.13%
	CARR	D	0.08%	0.36%	0.08%
	CAT	B	0.14%	0.51%	0.14%
	CCL	B	0.09%	0.62%	0.09%
	CDW	F	0.13%	0.13%	0.13%
	CEG	D	0.38%	0.17%	0.17%
	CFG	B	0.06%	0.14%	0.06%
	CL	D	0.41%	0.36%	0.36%
	CNC	D	0.26%	0.18%	0.18%
	CNP	B	0.26%	0.09%	0.09%
	COP	C	0.07%	0.4%	0.07%
	COST	B	0.71%	1.06%	0.71%
	CRM	B	0.35%	0.87%	0.35%
	CRWD	B	0.18%	0.51%	0.18%
	CSCO	B	0.21%	0.46%	0.21%
	CSX	B	0.08%	0.27%	0.08%
	CVS	D	0.69%	0.33%	0.33%
	D	C	0.24%	0.17%	0.17%
	DAL	C	0.28%	0.25%	0.25%
	DE	A	0.13%	0.33%	0.13%
	DGX	A	0.16%	0.19%	0.16%
	DLTR	F	0.17%	0.25%	0.17%
	DTE	C	0.25%	0.07%	0.07%
	DUK	C	0.07%	0.23%	0.07%
	DXCM	D	0.1%	0.18%	0.1%
	EA	A	0.49%	0.17%	0.17%
	ECL	D	0.05%	0.16%	0.05%
	EFX	F	0.04%	0.18%	0.04%
	ELV	F	0.24%	0.26%	0.24%
	EOG	A	0.07%	0.31%	0.07%
	EQR	B	0.1%	0.09%	0.09%
	EQT	B	0.18%	0.13%	0.13%
	ETN	A	0.26%	0.63%	0.26%
	ETR	B	0.25%	0.16%	0.16%
	FANG	D	0.07%	0.24%	0.07%
	FCX	D	0.3%	0.26%	0.26%
	FDX	B	0.07%	0.22%	0.07%
	FE	C	0.24%	0.11%	0.11%
	FI	A	0.06%	0.66%	0.06%
	FITB	A	0.06%	0.24%	0.06%
	GE	D	0.17%	0.94%	0.17%
	GIS	D	0.21%	0.31%	0.21%
	GL	B	0.2%	0.26%	0.2%
	GM	B	0.25%	0.59%	0.25%
	GOOG	C	0.23%	1.94%	0.23%
	GOOGL	C	0.23%	3.37%	0.23%
	GS	A	0.25%	0.42%	0.25%
	HCA	F	0.33%	0.26%	0.26%
	HD	A	0.26%	1.22%	0.26%
	HUM	C	0.26%	0.2%	0.2%
	ICE	C	0.04%	0.56%	0.04%
	INTU	C	0.2%	0.62%	0.2%
	INVH	D	0.1%	0.1%	0.1%
	IQV	D	0.14%	0.13%	0.13%
	IR	B	0.2%	0.36%	0.2%
	IT	C	0.13%	0.13%	0.13%
	J	F	0.4%	0.19%	0.19%
	JNJ	D	0.24%	0.98%	0.24%
	JPM	A	0.13%	1.4%	0.13%
	K	A	0.18%	0.22%	0.18%
	KDP	D	0.24%	0.42%	0.24%
	KKR	A	0.09%	0.61%	0.09%
	LEN	D	0.25%	0.22%	0.22%
	LIN	D	0.04%	0.59%	0.04%
	LLY	F	0.23%	1.19%	0.23%
	LMT	D	0.09%	0.26%	0.09%
	LNT	A	0.08%	0.13%	0.08%
	LVS	C	0.08%	0.35%	0.08%
	MA	C	0.04%	1.1%	0.04%
	MCD	D	0.5%	0.58%	0.5%
	MCK	B	0.18%	0.25%	0.18%
	MCO	B	0.04%	0.28%	0.04%
	MDLZ	F	0.18%	0.36%	0.18%
	MDT	D	0.06%	0.72%	0.06%
	MET	A	0.21%	0.22%	0.21%
	MLM	B	0.17%	0.25%	0.17%
	MMM	D	0.17%	0.44%	0.17%
	MOH	F	0.25%	0.17%	0.17%
	MSFT	F	0.32%	6.01%	0.32%
	MSI	B	0.49%	0.35%	0.35%
	MTCH	D	0.47%	0.12%	0.12%
	NDAQ	A	0.04%	0.3%	0.04%
	NEE	D	0.24%	0.33%	0.24%
	NFLX	A	0.22%	0.81%	0.22%
	NKE	D	0.33%	0.25%	0.25%
	NOW	A	0.22%	0.77%	0.22%
	NSC	B	0.08%	0.29%	0.08%
	NUE	C	0.26%	0.11%	0.11%
	NVDA	C	0.13%	6.7%	0.13%
	OKE	A	0.24%	0.16%	0.16%
	ON	D	0.23%	0.1%	0.1%
	ORCL	B	0.34%	0.99%	0.34%
	ORLY	B	0.14%	0.26%	0.14%
	PCG	A	0.08%	0.14%	0.08%
	PEG	A	0.26%	0.16%	0.16%
	PG	A	0.42%	0.87%	0.42%
	PH	A	0.08%	0.48%	0.08%
	PLD	D	0.06%	0.38%	0.06%
	PNC	B	0.06%	0.31%	0.06%
	PSX	C	0.51%	0.24%	0.24%
	QCOM	F	0.22%	0.91%	0.22%
	REGN	F	0.22%	0.3%	0.22%
	RSG	A	0.18%	0.16%	0.16%
	SHW	A	0.06%	0.24%	0.06%
	SLB	C	0.35%	0.26%	0.26%
	SNPS	B	0.34%	0.58%	0.34%
	SPGI	C	0.04%	0.74%	0.04%
	SRE	A	0.08%	0.2%	0.08%
	STLD	B	0.27%	0.1%	0.1%
	STZ	D	0.25%	0.17%	0.17%
	T	A	0.33%	0.75%	0.33%
	TDG	D	0.08%	0.77%	0.08%
	TJX	A	0.72%	0.71%	0.71%
	TMO	F	0.14%	0.53%	0.14%
	TMUS	B	0.33%	0.88%	0.33%
	TRGP	B	0.24%	0.09%	0.09%
	TT	A	0.07%	0.48%	0.07%
	TXN	C	0.23%	0.63%	0.23%
	UBER	D	0.11%	0.74%	0.11%
	ULTA	F	0.17%	0.4%	0.17%
	URI	B	0.14%	0.32%	0.14%
	V	A	0.04%	1.23%	0.04%
	VRSK	A	0.04%	0.17%	0.04%
	VRTX	F	0.23%	0.51%	0.23%
	VST	B	0.41%	0.15%	0.15%
	VTR	C	0.11%	0.2%	0.11%
	WFC	A	0.13%	0.99%	0.13%
	WMB	A	0.25%	0.16%	0.16%
	WY	D	0.17%	0.06%	0.06%
	XOM	B	0.77%	1.15%	0.77%
	ZBH	C	0.12%	0.5%	0.12%

SSPY Overweight 343 Positions Relative to NBCR

	Symbol	Grade	Weight
	CVX	A	0.76%
	SYY	B	0.75%
	KR	B	0.74%
	WMT	A	0.73%
	ROST	C	0.72%
	COF	B	0.7%
	SYF	B	0.69%
	DFS	B	0.69%
	WBA	F	0.64%
	CMCSA	B	0.52%
	DPZ	C	0.52%
	DRI	B	0.51%
	YUM	B	0.51%
	VLO	C	0.5%
	EL	F	0.5%
	CMG	B	0.5%
	BRK.A	B	0.5%
	MPC	D	0.49%
	TTWO	A	0.49%
	L	A	0.49%
	SBUX	A	0.48%
	CHTR	C	0.47%
	META	D	0.47%
	KMB	D	0.42%
	KVUE	A	0.42%
	BWA	D	0.42%
	CHD	B	0.42%
	CLX	B	0.41%
	PWR	A	0.4%
	JBL	B	0.38%
	ADM	D	0.37%
	BG	F	0.37%
	TSN	B	0.36%
	HRL	D	0.36%
	HPQ	B	0.35%
	PM	B	0.35%
	BKR	B	0.35%
	MO	A	0.35%
	IPG	D	0.34%
	IBM	C	0.34%
	OMC	C	0.34%
	HAL	C	0.34%
	ATO	A	0.33%
	GRMN	B	0.33%
	TPR	B	0.33%
	NI	A	0.33%
	VZ	C	0.33%
	NRG	B	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%
	EXC	C	0.3%
	DECK	A	0.3%
	TSLA	B	0.28%
	UAL	A	0.28%
	SWK	D	0.27%
	GDDY	A	0.27%
	EQIX	A	0.27%
	AKAM	D	0.27%
	VRSN	F	0.27%
	HUBB	B	0.26%
	ENPH	F	0.26%
	LOW	D	0.26%
	HAS	D	0.26%
	MS	A	0.26%
	UNH	C	0.26%
	NVR	D	0.26%
	DLR	B	0.26%
	NEM	D	0.25%
	KO	D	0.25%
	F	C	0.25%
	GILD	C	0.25%
	CTLT	B	0.25%
	EIX	B	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%
	TAP	C	0.25%
	INCY	C	0.25%
	RJF	A	0.25%
	SCHW	B	0.25%
	MRNA	F	0.24%
	DHI	D	0.24%
	MRK	F	0.24%
	VTRS	A	0.24%
	ED	D	0.24%
	PFE	D	0.24%
	BIIB	F	0.24%
	AVGO	D	0.23%
	PLTR	B	0.23%
	CPRT	A	0.23%
	NXPI	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%
	KEYS	A	0.21%
	ANET	C	0.21%
	DIS	B	0.21%
	PFG	D	0.21%
	AOS	F	0.21%
	MKC	D	0.21%
	KHC	F	0.21%
	QRVO	F	0.21%
	SWKS	F	0.21%
	SJM	D	0.21%
	CAG	D	0.21%
	PAYX	C	0.21%
	ADP	B	0.21%
	IEX	B	0.2%
	JNPR	F	0.2%
	AFL	B	0.2%
	PARA	C	0.2%
	CPB	D	0.2%
	PRU	A	0.2%
	ERIE	D	0.2%
	HSIC	B	0.2%
	FSLR	F	0.2%
	MHK	D	0.19%
	CI	F	0.19%
	XYL	D	0.19%
	CAH	B	0.19%
	TEL	B	0.19%
	PGR	A	0.19%
	HPE	B	0.19%
	MAS	D	0.19%
	WBD	C	0.19%
	PNR	A	0.19%
	GLW	B	0.19%
	BBWI	D	0.19%
	PEP	F	0.18%
	HSY	F	0.18%
	CTAS	B	0.18%
	GEV	B	0.18%
	WM	A	0.18%
	ROL	B	0.18%
	COR	B	0.18%
	HON	B	0.17%
	TGT	F	0.17%
	TER	D	0.17%
	ANSS	B	0.17%
	DG	F	0.17%
	FTNT	C	0.17%
	DOV	A	0.17%
	NTAP	C	0.17%
	GEN	B	0.17%
	ITW	B	0.17%
	BBY	D	0.17%
	CTRA	B	0.17%
	DELL	C	0.17%
	PTC	A	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%
	GD	F	0.16%
	LH	C	0.16%
	TXT	D	0.16%
	TECH	D	0.15%
	SMCI	F	0.15%
	A	D	0.15%
	GPC	D	0.15%
	WAT	B	0.15%
	MTD	D	0.15%
	MU	D	0.15%
	WRB	A	0.14%
	MCHP	D	0.14%
	AZO	C	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%
	KMX	B	0.14%
	EG	C	0.14%
	LKQ	D	0.14%
	BALL	D	0.13%
	FAST	B	0.13%
	PCAR	B	0.13%
	AMCR	D	0.13%
	AME	A	0.13%
	POOL	C	0.13%
	EPAM	C	0.13%
	CTSH	B	0.13%
	ZBRA	B	0.13%
	WAB	B	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%
	GWW	B	0.12%
	TSCO	D	0.12%
	ARE	D	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%
	HST	C	0.11%
	PODD	C	0.1%
	HOLX	D	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%
	GEHC	F	0.1%
	AVB	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%
	NOC	D	0.09%
	UPS	C	0.09%
	EXPD	D	0.09%
	AXON	A	0.09%
	RCL	A	0.09%
	CHRW	C	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%
	CMS	C	0.08%
	SO	D	0.08%
	XEL	A	0.08%
	HWM	A	0.08%
	PPL	B	0.08%
	EVRG	A	0.08%
	AEE	A	0.08%
	JCI	C	0.08%
	UNP	C	0.08%
	CMI	A	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%
	LHX	C	0.08%
	AMP	A	0.08%
	MOS	F	0.08%
	JBHT	C	0.08%
	CTVA	C	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%
	MRO	B	0.07%
	MGM	D	0.07%
	DOW	F	0.07%
	APA	D	0.07%
	HES	B	0.07%
	PNW	B	0.07%
	WEC	A	0.07%
	CE	F	0.07%
	ES	D	0.07%
	TFC	A	0.06%
	HBAN	A	0.06%
	USB	A	0.06%
	KEY	B	0.06%
	RF	A	0.06%
	MTB	A	0.06%
	EW	C	0.06%
	ABT	B	0.06%
	PYPL	B	0.06%
	IP	B	0.06%
	PKG	A	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%
	FICO	B	0.05%
	IFF	D	0.05%
	SOLV	C	0.05%
	BAX	D	0.05%
	BDX	F	0.05%
	TFX	F	0.05%
	WST	C	0.05%
	EMN	D	0.05%
	DD	D	0.05%
	ALB	C	0.05%
	JKHY	D	0.05%
	FIS	C	0.05%
	MMC	B	0.04%
	BRO	B	0.04%
	CBRE	B	0.04%
	CSGP	D	0.04%
	GPN	B	0.04%
	FDS	B	0.04%
	CBOE	B	0.04%
	MSCI	C	0.04%
	CPAY	A	0.04%
	AXP	A	0.04%
	MKTX	D	0.04%
	CME	A	0.04%
	ROP	B	0.03%
	VLTO	D	0.03%
	ROK	B	0.03%
	NDSN	B	0.03%
	TDY	B	0.03%
	EMR	A	0.03%
	TRMB	B	0.03%
	FTV	C	0.03%
	AJG	B	0.03%
	WTW	B	0.03%

SSPY Underweight 35 Positions Relative to NBCR

	Symbol	Grade	Weight
	UNM	A	-0.97%
	FYBR	D	-0.6%
	IWB	A	-0.56%
	DKNG	B	-0.52%
	UL	D	-0.51%
	NVT	B	-0.39%
	APO	B	-0.32%
	TRU	D	-0.3%
	ASML	F	-0.23%
	EHC	B	-0.22%
	SAIA	B	-0.21%
	WCN	A	-0.21%
	LRCX	F	-0.2%
	CHKP	D	-0.2%
	ELS	C	-0.16%
	TKO	B	-0.15%
	FCPT	C	-0.14%
	ESI	A	-0.14%
	WRBY	B	-0.14%
	LNG	B	-0.13%
	AVTR	F	-0.13%
	ENTG	D	-0.13%
	TW	A	-0.12%
	STWD	C	-0.11%
	BMRN	D	-0.09%
	UTZ	D	-0.08%
	DTM	B	-0.08%
	CCK	C	-0.08%
	WIX	B	-0.08%
	TOL	B	-0.07%
	SMAR	A	-0.07%
	GXO	B	-0.06%
	IONS	F	-0.05%
	FBIN	D	-0.05%
	BHP	F	-0.03%

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

NBCR: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Utilities - Regulated Electric Drug Manufacturers - Major Health Care Plans Oil & Gas Midstream Specialty Chemicals Utilities - Diversified Asset Management Banks - Global Biotechnology Business Services Capital Markets Diagnostics & Research Internet Content & Information Oil & Gas E&P Semiconductor Equipment & Materials Aerospace & Defense Banks - Regional - US Diversified Industrials

Keywords: S&P 500 Nasdaq 100 Natural Gas Dow Jones Component Electricity Computing Insurance Chemical Electronics Integrated Circuits Bank Banking Health Insurance Medicine Semiconductor Smartphones Financial Products Investment Bank Mobile Devices Natural Gas Distribution