SSPY vs. ROUS ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Lattice U.S. Equity Strategy ETF (ROUS)

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

$81.25

Average Daily Volume

2,386

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

ROUS

Lattice U.S. Equity Strategy ETF

ROUS Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of the Lattice Risk-Optimized US Large Cap Equity Strategy Index (LROUSLX). The fund generally invests at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. The index seeks to improve returns through a market cycle relative to traditional cap-weighted U.S. equity market indices and active U.S. equity market strategies.

Grade (RS Rating)

Last Trade

$53.44

Average Daily Volume

59,027

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	ROUS
30 Days	2.71%	3.07%
60 Days	2.03%	4.41%
90 Days	2.72%	5.48%
12 Months	22.62%	29.12%

230 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in ROUS	Overlap
AAPL	C	0.5%	1.22%	0.5%
ABBV	F	0.24%	0.85%	0.24%
ABT	B	0.06%	0.14%	0.06%
ACGL	C	0.14%	0.24%	0.14%
ACN	B	0.13%	0.44%	0.13%
ADBE	C	0.16%	0.16%	0.16%
ADI	D	0.22%	0.09%	0.09%
ADM	D	0.37%	0.03%	0.03%
ADSK	A	0.17%	0.05%	0.05%
AEE	A	0.08%	0.13%	0.08%
AEP	C	0.24%	0.22%	0.22%
AFL	B	0.2%	0.32%	0.2%
AIG	B	0.2%	0.02%	0.02%
AIZ	A	0.2%	0.09%	0.09%
AKAM	D	0.27%	0.04%	0.04%
ALL	A	0.2%	0.14%	0.14%
AMAT	F	0.18%	0.29%	0.18%
AMCR	C	0.13%	0.1%	0.1%
AMGN	F	0.24%	0.36%	0.24%
AMZN	C	0.22%	0.52%	0.22%
ANET	C	0.21%	0.31%	0.21%
AOS	F	0.21%	0.01%	0.01%
APH	A	0.19%	0.58%	0.19%
AVB	B	0.1%	0.12%	0.1%
AVGO	D	0.23%	0.63%	0.23%
AVY	F	0.06%	0.01%	0.01%
AZO	C	0.14%	0.32%	0.14%
BAC	A	0.12%	0.11%	0.11%
BBY	D	0.17%	0.35%	0.17%
BK	A	0.11%	0.48%	0.11%
BKNG	A	0.11%	0.23%	0.11%
BLDR	D	0.19%	0.12%	0.12%
BMY	B	0.25%	0.32%	0.25%
BR	A	0.11%	0.05%	0.05%
BRK.A	B	0.5%	0.72%	0.5%
BSX	A	0.06%	0.14%	0.06%
C	A	0.13%	0.34%	0.13%
CAH	B	0.19%	0.17%	0.17%
CAT	B	0.14%	0.19%	0.14%
CB	C	0.14%	0.33%	0.14%
CBOE	C	0.04%	0.09%	0.04%
CCI	C	0.06%	0.04%	0.04%
CDNS	B	0.33%	0.29%	0.29%
CDW	F	0.13%	0.33%	0.13%
CF	A	0.09%	0.03%	0.03%
CHRW	B	0.09%	0.38%	0.09%
CHTR	C	0.47%	0.02%	0.02%
CI	D	0.19%	0.24%	0.19%
CINF	A	0.14%	0.5%	0.14%
CL	D	0.41%	0.43%	0.41%
CMCSA	B	0.52%	0.37%	0.37%
CMI	A	0.08%	0.48%	0.08%
CNC	D	0.26%	0.1%	0.1%
COF	C	0.7%	0.04%	0.04%
COP	C	0.07%	0.08%	0.07%
COR	B	0.18%	0.27%	0.18%
COST	A	0.71%	0.56%	0.56%
CSCO	B	0.21%	0.83%	0.21%
CTAS	B	0.18%	0.43%	0.18%
CTSH	B	0.13%	0.75%	0.13%
CVS	D	0.69%	0.44%	0.44%
CVX	A	0.76%	0.21%	0.21%
D	C	0.24%	0.04%	0.04%
DELL	B	0.17%	0.88%	0.17%
DGX	A	0.16%	0.27%	0.16%
DHI	F	0.24%	0.19%	0.19%
DOV	A	0.17%	0.13%	0.13%
DTE	C	0.25%	0.23%	0.23%
DUK	C	0.07%	0.29%	0.07%
DVN	F	0.16%	0.1%	0.1%
EA	A	0.49%	0.77%	0.49%
EBAY	D	0.22%	0.33%	0.22%
ECL	D	0.05%	0.18%	0.05%
ED	C	0.24%	0.23%	0.23%
EG	C	0.14%	0.26%	0.14%
EIX	B	0.25%	0.12%	0.12%
ELV	F	0.24%	0.42%	0.24%
EOG	A	0.07%	0.63%	0.07%
EQR	C	0.1%	0.12%	0.1%
ETR	B	0.25%	0.37%	0.25%
EXC	C	0.3%	0.08%	0.08%
FANG	C	0.07%	0.12%	0.07%
FAST	B	0.13%	0.49%	0.13%
FDX	B	0.07%	0.36%	0.07%
FE	C	0.24%	0.17%	0.17%
FFIV	B	0.21%	0.42%	0.21%
FICO	B	0.05%	0.67%	0.05%
FITB	B	0.06%	0.17%	0.06%
FOXA	A	0.1%	0.58%	0.1%
FTNT	C	0.17%	0.07%	0.07%
GD	D	0.16%	0.07%	0.07%
GDDY	A	0.27%	0.52%	0.27%
GEN	B	0.17%	0.21%	0.17%
GILD	C	0.25%	0.7%	0.25%
GIS	D	0.21%	0.14%	0.14%
GLW	B	0.19%	0.54%	0.19%
GOOGL	C	0.23%	1.26%	0.23%
GPC	D	0.15%	0.33%	0.15%
GRMN	B	0.33%	0.3%	0.3%
GWW	B	0.12%	0.58%	0.12%
HBAN	A	0.06%	0.23%	0.06%
HCA	F	0.33%	0.2%	0.2%
HD	B	0.26%	0.81%	0.26%
HON	C	0.17%	0.05%	0.05%
HPE	B	0.19%	0.86%	0.19%
HPQ	B	0.35%	1.07%	0.35%
HSY	F	0.18%	0.27%	0.18%
HUBB	B	0.26%	0.09%	0.09%
HUM	C	0.26%	0.53%	0.26%
IBM	C	0.34%	0.83%	0.34%
INCY	C	0.25%	0.44%	0.25%
INTU	B	0.2%	0.11%	0.11%
IP	A	0.06%	0.04%	0.04%
IRM	C	0.06%	0.18%	0.06%
IT	C	0.13%	0.56%	0.13%
ITW	B	0.17%	0.26%	0.17%
JBL	C	0.38%	0.16%	0.16%
JCI	B	0.08%	0.03%	0.03%
JNJ	C	0.24%	1.08%	0.24%
JNPR	D	0.2%	0.4%	0.2%
JPM	A	0.13%	0.81%	0.13%
KEYS	A	0.21%	0.25%	0.21%
KLAC	F	0.17%	0.28%	0.17%
KMB	C	0.42%	0.38%	0.38%
KO	D	0.25%	0.09%	0.09%
KR	B	0.74%	0.84%	0.74%
L	A	0.49%	0.1%	0.1%
LDOS	C	0.13%	0.11%	0.11%
LIN	C	0.04%	0.02%	0.02%
LLY	F	0.23%	0.75%	0.23%
LMT	D	0.09%	0.38%	0.09%
LOW	C	0.26%	0.31%	0.26%
LYB	F	0.07%	0.17%	0.07%
MA	B	0.04%	0.39%	0.04%
MAS	D	0.19%	0.26%	0.19%
MCD	D	0.5%	0.14%	0.14%
MCHP	F	0.14%	0.21%	0.14%
MCK	A	0.18%	0.54%	0.18%
MDT	D	0.06%	0.17%	0.06%
META	D	0.47%	0.78%	0.47%
MMM	D	0.17%	0.15%	0.15%
MO	A	0.35%	0.6%	0.35%
MPC	D	0.49%	0.26%	0.26%
MPWR	F	0.22%	0.01%	0.01%
MRK	D	0.24%	0.84%	0.24%
MSFT	D	0.32%	1.14%	0.32%
MSI	B	0.49%	0.82%	0.49%
MTB	A	0.06%	0.62%	0.06%
MTD	F	0.15%	0.11%	0.11%
NEE	C	0.24%	0.09%	0.09%
NOC	D	0.09%	0.08%	0.08%
NOW	A	0.22%	0.05%	0.05%
NRG	B	0.33%	0.51%	0.33%
NTAP	C	0.17%	1.0%	0.17%
NVDA	B	0.13%	0.99%	0.13%
NVR	D	0.26%	0.24%	0.24%
NWSA	A	0.1%	0.03%	0.03%
NXPI	D	0.23%	0.38%	0.23%
O	C	0.07%	0.14%	0.07%
OMC	C	0.34%	0.15%	0.15%
ORCL	A	0.34%	0.64%	0.34%
ORLY	B	0.14%	0.37%	0.14%
OTIS	C	0.08%	0.28%	0.08%
PANW	B	0.16%	0.13%	0.13%
PAYX	B	0.21%	0.02%	0.02%
PCAR	B	0.13%	0.31%	0.13%
PEG	A	0.26%	0.24%	0.24%
PEP	F	0.18%	0.28%	0.18%
PG	C	0.42%	0.64%	0.42%
PGR	A	0.19%	0.23%	0.19%
PHM	D	0.25%	0.29%	0.25%
PKG	A	0.06%	0.23%	0.06%
PM	B	0.35%	0.34%	0.34%
PNC	B	0.06%	0.21%	0.06%
PPG	F	0.07%	0.16%	0.07%
PPL	A	0.08%	0.19%	0.08%
PRU	A	0.2%	0.25%	0.2%
PSA	C	0.11%	0.07%	0.07%
PSX	C	0.51%	0.02%	0.02%
PTC	B	0.17%	0.06%	0.06%
QCOM	F	0.22%	0.52%	0.22%
REGN	F	0.22%	0.17%	0.17%
RF	A	0.06%	0.27%	0.06%
RL	C	0.32%	0.14%	0.14%
RMD	C	0.09%	0.3%	0.09%
ROL	B	0.18%	0.14%	0.14%
ROP	B	0.03%	0.2%	0.03%
RSG	A	0.18%	0.2%	0.18%
SHW	B	0.06%	0.51%	0.06%
SNA	A	0.25%	0.25%	0.25%
SNPS	B	0.34%	0.19%	0.19%
SO	C	0.08%	0.26%	0.08%
SPG	A	0.07%	0.07%	0.07%
SRE	A	0.08%	0.07%	0.07%
STLD	B	0.27%	0.3%	0.27%
STT	B	0.12%	0.25%	0.12%
STX	C	0.17%	0.16%	0.16%
SW	A	0.07%	0.38%	0.07%
SWKS	F	0.21%	0.15%	0.15%
SYF	B	0.69%	0.31%	0.31%
SYK	B	0.12%	0.02%	0.02%
SYY	D	0.75%	0.26%	0.26%
T	A	0.33%	0.89%	0.33%
TER	F	0.17%	0.33%	0.17%
TGT	F	0.17%	0.11%	0.11%
TJX	A	0.72%	0.28%	0.28%
TMUS	B	0.33%	0.76%	0.33%
TRV	B	0.14%	0.39%	0.14%
TSCO	D	0.12%	0.32%	0.12%
TT	A	0.07%	0.23%	0.07%
TXN	C	0.23%	0.65%	0.23%
UNH	B	0.26%	1.02%	0.26%
USB	A	0.06%	0.13%	0.06%
V	A	0.04%	0.4%	0.04%
VICI	C	0.06%	0.31%	0.06%
VLO	C	0.5%	0.47%	0.47%
VRSK	A	0.04%	0.19%	0.04%
VRSN	C	0.27%	0.36%	0.27%
VRTX	D	0.23%	0.36%	0.23%
VST	A	0.41%	0.16%	0.16%
VTR	B	0.11%	0.02%	0.02%
VZ	C	0.33%	0.84%	0.33%
WEC	A	0.07%	0.13%	0.07%
WELL	A	0.11%	0.09%	0.09%
WFC	A	0.13%	0.22%	0.13%
WM	B	0.18%	0.31%	0.18%
WMT	A	0.73%	1.09%	0.73%
XEL	A	0.08%	0.27%	0.08%
XOM	B	0.77%	0.82%	0.77%
YUM	D	0.51%	0.3%	0.3%

SSPY Overweight 270 Positions Relative to ROUS

Symbol	Grade	Weight
ROST	D	0.72%
DFS	B	0.69%
WBA	F	0.64%
DPZ	C	0.52%
DRI	B	0.51%
EL	F	0.5%
CMG	B	0.5%
TTWO	A	0.49%
SBUX	A	0.48%
MTCH	D	0.47%
KVUE	A	0.42%
BWA	D	0.42%
CHD	A	0.42%
CLX	A	0.41%
APTV	F	0.4%
J	D	0.4%
PWR	A	0.4%
CEG	C	0.38%
BG	D	0.37%
TSN	B	0.36%
HRL	D	0.36%
SLB	C	0.35%
BKR	A	0.35%
CRM	B	0.35%
IPG	D	0.34%
HAL	C	0.34%
ATO	A	0.33%
TPR	B	0.33%
NI	A	0.33%
NKE	F	0.33%
AES	F	0.32%
AWK	C	0.32%
UHS	D	0.32%
LULU	C	0.31%
FCX	F	0.3%
DECK	A	0.3%
TSLA	B	0.28%
DAL	B	0.28%
UAL	A	0.28%
SWK	D	0.27%
EQIX	A	0.27%
CNP	A	0.26%
ENPH	F	0.26%
NUE	C	0.26%
HAS	D	0.26%
MS	A	0.26%
DLR	B	0.26%
ETN	A	0.26%
LEN	D	0.25%
GM	C	0.25%
WMB	A	0.25%
NEM	D	0.25%
F	C	0.25%
CTLT	C	0.25%
MOH	F	0.25%
STZ	D	0.25%
ZTS	D	0.25%
LUV	C	0.25%
KMI	A	0.25%
MNST	C	0.25%
TAP	C	0.25%
RJF	A	0.25%
GS	A	0.25%
SCHW	B	0.25%
MRNA	F	0.24%
TRGP	A	0.24%
OKE	A	0.24%
VTRS	A	0.24%
PFE	F	0.24%
KDP	F	0.24%
BIIB	F	0.24%
PLTR	B	0.23%
CPRT	B	0.23%
ON	D	0.23%
GOOG	C	0.23%
PAYC	B	0.22%
TYL	B	0.22%
NFLX	A	0.22%
LW	C	0.22%
DAY	B	0.22%
DIS	B	0.21%
PFG	D	0.21%
MKC	C	0.21%
KHC	F	0.21%
QRVO	F	0.21%
SJM	D	0.21%
MET	A	0.21%
CAG	F	0.21%
ADP	A	0.21%
GL	C	0.2%
IEX	C	0.2%
IR	B	0.2%
PARA	C	0.2%
CPB	D	0.2%
ERIE	D	0.2%
HSIC	C	0.2%
FSLR	F	0.2%
MHK	D	0.19%
XYL	D	0.19%
TEL	B	0.19%
WBD	B	0.19%
PNR	A	0.19%
BBWI	C	0.19%
CRWD	B	0.18%
GEV	B	0.18%
EQT	B	0.18%
MDLZ	F	0.18%
K	A	0.18%
ANSS	B	0.17%
DG	F	0.17%
WY	F	0.17%
CTRA	B	0.17%
GE	D	0.17%
MLM	C	0.17%
DLTR	F	0.17%
VMC	B	0.17%
ULTA	F	0.17%
WDC	D	0.17%
INTC	C	0.16%
BA	F	0.16%
LH	B	0.16%
TXT	D	0.16%
TECH	F	0.15%
SMCI	F	0.15%
A	D	0.15%
WAT	C	0.15%
MU	D	0.15%
WRB	A	0.14%
IQV	F	0.14%
TMO	F	0.14%
URI	C	0.14%
CRL	D	0.14%
HIG	B	0.14%
AMD	F	0.14%
KMX	B	0.14%
LKQ	F	0.14%
BALL	F	0.13%
AME	A	0.13%
POOL	C	0.13%
DE	B	0.13%
EPAM	B	0.13%
ZBRA	B	0.13%
WAB	B	0.13%
HLT	A	0.12%
MAR	A	0.12%
ABNB	C	0.12%
STE	D	0.12%
EXPE	B	0.12%
ISRG	A	0.12%
ZBH	C	0.12%
ARE	F	0.11%
EXR	C	0.11%
DVA	C	0.11%
CPT	B	0.11%
DOC	C	0.11%
BXP	C	0.11%
HST	C	0.11%
UBER	F	0.11%
DXCM	C	0.1%
PODD	C	0.1%
HOLX	D	0.1%
DHR	F	0.1%
IDXX	F	0.1%
NWS	A	0.1%
ESS	B	0.1%
RVTY	F	0.1%
ALGN	D	0.1%
MAA	B	0.1%
INVH	D	0.1%
GEHC	D	0.1%
FOX	A	0.1%
UDR	B	0.1%
TROW	B	0.09%
FMC	D	0.09%
BEN	C	0.09%
UPS	C	0.09%
EXPD	C	0.09%
AXON	A	0.09%
RCL	A	0.09%
CCL	A	0.09%
KKR	A	0.09%
NCLH	B	0.09%
LYV	A	0.09%
IVZ	B	0.09%
ALLE	C	0.08%
CMS	C	0.08%
PCG	A	0.08%
HWM	A	0.08%
EVRG	A	0.08%
LNT	A	0.08%
CARR	C	0.08%
TDG	D	0.08%
PH	A	0.08%
UNP	C	0.08%
NSC	B	0.08%
GNRC	C	0.08%
WYNN	C	0.08%
ODFL	C	0.08%
RTX	D	0.08%
HII	F	0.08%
BX	A	0.08%
NTRS	A	0.08%
BLK	B	0.08%
LHX	C	0.08%
LVS	B	0.08%
AMP	A	0.08%
MOS	F	0.08%
JBHT	C	0.08%
CSX	C	0.08%
CTVA	C	0.08%
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	A	0.07%
CE	F	0.07%
ES	C	0.07%
TFC	A	0.06%
CFG	B	0.06%
FI	A	0.06%
KEY	B	0.06%
EW	C	0.06%
PYPL	B	0.06%
REG	A	0.06%
KIM	A	0.06%
PLD	F	0.06%
AMT	C	0.06%
FRT	B	0.06%
SBAC	D	0.06%
IFF	D	0.05%
SOLV	D	0.05%
BAX	F	0.05%
APD	A	0.05%
BDX	F	0.05%
TFX	F	0.05%
WST	C	0.05%
EMN	C	0.05%
DD	C	0.05%
ALB	B	0.05%
JKHY	D	0.05%
FIS	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%
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%
CME	B	0.04%
VLTO	C	0.03%
ROK	C	0.03%
NDSN	B	0.03%
TDY	B	0.03%
EMR	B	0.03%
TRMB	B	0.03%
FTV	C	0.03%
AJG	A	0.03%
WTW	B	0.03%

SSPY Underweight 115 Positions Relative to ROUS

Symbol	Grade	Weight
CVLT	B	-0.78%
AVT	C	-0.69%
MUSA	B	-0.64%
ALSN	B	-0.49%
HRB	D	-0.49%
RPM	A	-0.44%
DBX	B	-0.43%
UTHR	C	-0.42%
UNM	A	-0.41%
ACI	C	-0.41%
MLI	B	-0.4%
EME	A	-0.39%
RS	B	-0.39%
SANM	B	-0.37%
AXS	A	-0.37%
VNT	C	-0.36%
NYT	D	-0.35%
MKL	A	-0.33%
LNG	A	-0.33%
NSIT	F	-0.32%
BMI	B	-0.32%
CRUS	D	-0.32%
ORI	A	-0.31%
RHI	C	-0.29%
WTM	A	-0.29%
GPI	B	-0.29%
EXEL	B	-0.29%
ALKS	C	-0.27%
CASY	A	-0.26%
DLB	B	-0.25%
SNX	D	-0.25%
LOPE	C	-0.25%
DCI	B	-0.24%
MANH	D	-0.24%
CACI	D	-0.24%
NFG	A	-0.24%
AIT	B	-0.23%
CRBG	B	-0.23%
LSTR	D	-0.23%
GPK	C	-0.23%
R	B	-0.23%
KD	B	-0.22%
WSM	C	-0.22%
AN	C	-0.22%
AYI	B	-0.22%
DKS	D	-0.21%
OC	A	-0.2%
SON	F	-0.2%
OGN	F	-0.2%
ARW	D	-0.19%
FLO	D	-0.19%
RDN	D	-0.19%
WSO	A	-0.19%
DY	D	-0.18%
ADC	A	-0.17%
ASGN	F	-0.17%
LRCX	F	-0.17%
UFPI	C	-0.17%
BAH	F	-0.17%
RNR	C	-0.16%
CBT	D	-0.16%
SKX	D	-0.16%
MTG	C	-0.14%
SFM	A	-0.14%
FLEX	B	-0.14%
BPOP	C	-0.14%
FCN	F	-0.14%
RGA	A	-0.14%
CMC	B	-0.14%
COKE	C	-0.13%
CHE	D	-0.13%
LAMR	C	-0.13%
POR	C	-0.12%
LII	A	-0.12%
PSTG	D	-0.12%
UMBF	B	-0.1%
VMI	B	-0.1%
FSS	B	-0.1%
CHRD	D	-0.09%
BJ	A	-0.09%
ATR	B	-0.08%
OGE	A	-0.08%
JHG	B	-0.08%
GLPI	C	-0.08%
ACIW	B	-0.08%
INGR	C	-0.08%
MMS	F	-0.08%
GWRE	A	-0.07%
APPF	B	-0.07%
NNN	C	-0.07%
KNF	B	-0.07%
LNC	C	-0.06%
CSWI	B	-0.06%
SPSC	D	-0.06%
AWI	A	-0.05%
ANF	F	-0.05%
MOG.A	B	-0.05%
FELE	B	-0.04%
LFUS	D	-0.04%
EPRT	B	-0.04%
BCO	F	-0.04%
ITCI	C	-0.04%
NXST	C	-0.04%
CIEN	C	-0.02%
SEE	C	-0.02%
MSA	F	-0.02%
EHC	B	-0.02%
ITRI	C	-0.02%
OHI	C	-0.02%
FHN	A	-0.02%
AAON	B	-0.02%
SLGN	A	-0.02%
MTH	D	-0.01%
ONB	C	-0.01%
WPC	C	-0.01%