SSPY vs. SSO ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to ProShares Ultra S&P500 (SSO)

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

$81.98

Average Daily Volume

2,386

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

SSO

ProShares Ultra S&P500

SSO Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.73

Average Daily Volume

2,128,580

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	SSO
30 Days	2.71%	2.86%
60 Days	2.03%	7.83%
90 Days	2.72%	10.09%
12 Months	22.62%	61.14%

498 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in SSO	Overlap
A	D	0.15%	0.05%	0.05%
AAPL	C	0.5%	4.58%	0.5%
ABBV	F	0.24%	0.39%	0.24%
ABNB	C	0.12%	0.08%	0.08%
ABT	B	0.06%	0.27%	0.06%
ACGL	C	0.14%	0.05%	0.05%
ACN	B	0.13%	0.3%	0.13%
ADBE	C	0.16%	0.3%	0.16%
ADI	D	0.22%	0.14%	0.14%
ADM	D	0.37%	0.03%	0.03%
ADP	A	0.21%	0.16%	0.16%
ADSK	A	0.17%	0.09%	0.09%
AEE	A	0.08%	0.03%	0.03%
AEP	C	0.24%	0.07%	0.07%
AES	F	0.32%	0.01%	0.01%
AFL	B	0.2%	0.08%	0.08%
AIG	B	0.2%	0.07%	0.07%
AIZ	A	0.2%	0.02%	0.02%
AJG	A	0.03%	0.09%	0.03%
AKAM	D	0.27%	0.02%	0.02%
ALB	B	0.05%	0.02%	0.02%
ALGN	D	0.1%	0.02%	0.02%
ALL	A	0.2%	0.07%	0.07%
ALLE	C	0.08%	0.02%	0.02%
AMAT	F	0.18%	0.19%	0.18%
AMCR	C	0.13%	0.02%	0.02%
AMD	F	0.14%	0.29%	0.14%
AME	A	0.13%	0.06%	0.06%
AMGN	F	0.24%	0.2%	0.2%
AMP	A	0.08%	0.07%	0.07%
AMT	C	0.06%	0.12%	0.06%
AMZN	C	0.22%	2.53%	0.22%
ANET	C	0.21%	0.13%	0.13%
ANSS	B	0.17%	0.04%	0.04%
AON	A	0.04%	0.11%	0.04%
AOS	F	0.21%	0.01%	0.01%
APA	D	0.07%	0.01%	0.01%
APD	A	0.05%	0.09%	0.05%
APH	A	0.19%	0.11%	0.11%
APTV	F	0.4%	0.02%	0.02%
ARE	F	0.11%	0.02%	0.02%
ATO	A	0.33%	0.03%	0.03%
AVB	B	0.1%	0.04%	0.04%
AVGO	D	0.23%	1.03%	0.23%
AVY	F	0.06%	0.02%	0.02%
AWK	C	0.32%	0.03%	0.03%
AXON	A	0.09%	0.06%	0.06%
AXP	A	0.04%	0.22%	0.04%
AZO	C	0.14%	0.07%	0.07%
BA	F	0.16%	0.14%	0.14%
BAC	A	0.12%	0.42%	0.12%
BALL	F	0.13%	0.02%	0.02%
BAX	F	0.05%	0.02%	0.02%
BBY	D	0.17%	0.02%	0.02%
BDX	F	0.05%	0.09%	0.05%
BEN	C	0.09%	0.01%	0.01%
BG	D	0.37%	0.02%	0.02%
BIIB	F	0.24%	0.03%	0.03%
BK	A	0.11%	0.08%	0.08%
BKNG	A	0.11%	0.22%	0.11%
BKR	A	0.35%	0.06%	0.06%
BLDR	D	0.19%	0.03%	0.03%
BLK	B	0.08%	0.2%	0.08%
BMY	B	0.25%	0.15%	0.15%
BR	A	0.11%	0.04%	0.04%
BRK.A	B	0.5%	1.15%	0.5%
BRO	B	0.04%	0.03%	0.03%
BSX	A	0.06%	0.17%	0.06%
BWA	D	0.42%	0.01%	0.01%
BX	A	0.08%	0.17%	0.08%
BXP	C	0.11%	0.02%	0.02%
C	A	0.13%	0.18%	0.13%
CAG	F	0.21%	0.02%	0.02%
CAH	B	0.19%	0.04%	0.04%
CARR	C	0.08%	0.08%	0.08%
CAT	B	0.14%	0.25%	0.14%
CB	C	0.14%	0.14%	0.14%
CBOE	C	0.04%	0.03%	0.03%
CBRE	B	0.04%	0.05%	0.04%
CCI	C	0.06%	0.06%	0.06%
CCL	A	0.09%	0.03%	0.03%
CDNS	B	0.33%	0.11%	0.11%
CDW	F	0.13%	0.03%	0.03%
CE	F	0.07%	0.01%	0.01%
CEG	C	0.38%	0.09%	0.09%
CF	A	0.09%	0.02%	0.02%
CFG	B	0.06%	0.03%	0.03%
CHD	A	0.42%	0.04%	0.04%
CHRW	B	0.09%	0.02%	0.02%
CHTR	C	0.47%	0.05%	0.05%
CI	D	0.19%	0.12%	0.12%
CINF	A	0.14%	0.03%	0.03%
CL	D	0.41%	0.1%	0.1%
CLX	A	0.41%	0.03%	0.03%
CMCSA	B	0.52%	0.22%	0.22%
CME	B	0.04%	0.11%	0.04%
CMG	B	0.5%	0.11%	0.11%
CMI	A	0.08%	0.07%	0.07%
CMS	C	0.08%	0.03%	0.03%
CNC	D	0.26%	0.04%	0.04%
CNP	A	0.26%	0.03%	0.03%
COF	C	0.7%	0.09%	0.09%
COP	C	0.07%	0.17%	0.07%
COR	B	0.18%	0.06%	0.06%
COST	A	0.71%	0.54%	0.54%
CPAY	A	0.04%	0.03%	0.03%
CPB	D	0.2%	0.01%	0.01%
CPRT	B	0.23%	0.07%	0.07%
CPT	B	0.11%	0.02%	0.02%
CRL	D	0.14%	0.01%	0.01%
CRM	B	0.35%	0.42%	0.35%
CRWD	B	0.18%	0.1%	0.1%
CSCO	B	0.21%	0.31%	0.21%
CSGP	D	0.04%	0.04%	0.04%
CSX	C	0.08%	0.09%	0.08%
CTAS	B	0.18%	0.1%	0.1%
CTLT	C	0.25%	0.01%	0.01%
CTRA	B	0.17%	0.03%	0.03%
CTSH	B	0.13%	0.05%	0.05%
CTVA	C	0.08%	0.05%	0.05%
CVS	D	0.69%	0.09%	0.09%
CVX	A	0.76%	0.37%	0.37%
CZR	F	0.07%	0.01%	0.01%
D	C	0.24%	0.06%	0.06%
DAL	B	0.28%	0.05%	0.05%
DAY	B	0.22%	0.02%	0.02%
DD	C	0.05%	0.05%	0.05%
DE	B	0.13%	0.14%	0.13%
DECK	A	0.3%	0.04%	0.04%
DELL	B	0.17%	0.05%	0.05%
DFS	B	0.69%	0.06%	0.06%
DG	F	0.17%	0.02%	0.02%
DGX	A	0.16%	0.02%	0.02%
DHI	F	0.24%	0.06%	0.06%
DHR	F	0.1%	0.2%	0.1%
DIS	B	0.21%	0.28%	0.21%
DLR	B	0.26%	0.07%	0.07%
DLTR	F	0.17%	0.02%	0.02%
DOC	C	0.11%	0.02%	0.02%
DOV	A	0.17%	0.04%	0.04%
DOW	F	0.07%	0.04%	0.04%
DPZ	C	0.52%	0.02%	0.02%
DRI	B	0.51%	0.03%	0.03%
DTE	C	0.25%	0.03%	0.03%
DUK	C	0.07%	0.12%	0.07%
DVA	C	0.11%	0.01%	0.01%
DVN	F	0.16%	0.03%	0.03%
DXCM	C	0.1%	0.04%	0.04%
EA	A	0.49%	0.05%	0.05%
EBAY	D	0.22%	0.04%	0.04%
ECL	D	0.05%	0.08%	0.05%
ED	C	0.24%	0.04%	0.04%
EFX	F	0.04%	0.04%	0.04%
EG	C	0.14%	0.02%	0.02%
EIX	B	0.25%	0.04%	0.04%
EL	F	0.5%	0.02%	0.02%
ELV	F	0.24%	0.12%	0.12%
EMN	C	0.05%	0.02%	0.02%
EMR	B	0.03%	0.1%	0.03%
ENPH	F	0.26%	0.01%	0.01%
EOG	A	0.07%	0.1%	0.07%
EPAM	B	0.13%	0.02%	0.02%
EQIX	A	0.27%	0.11%	0.11%
EQR	C	0.1%	0.03%	0.03%
EQT	B	0.18%	0.03%	0.03%
ERIE	D	0.2%	0.01%	0.01%
ES	C	0.07%	0.03%	0.03%
ESS	B	0.1%	0.03%	0.03%
ETN	A	0.26%	0.19%	0.19%
ETR	B	0.25%	0.04%	0.04%
EVRG	A	0.08%	0.02%	0.02%
EW	C	0.06%	0.05%	0.05%
EXC	C	0.3%	0.05%	0.05%
EXPD	C	0.09%	0.02%	0.02%
EXPE	B	0.12%	0.03%	0.03%
EXR	C	0.11%	0.05%	0.05%
F	C	0.25%	0.06%	0.06%
FANG	C	0.07%	0.04%	0.04%
FAST	B	0.13%	0.06%	0.06%
FCX	F	0.3%	0.08%	0.08%
FDS	B	0.04%	0.02%	0.02%
FDX	B	0.07%	0.09%	0.07%
FE	C	0.24%	0.03%	0.03%
FFIV	B	0.21%	0.02%	0.02%
FI	A	0.06%	0.16%	0.06%
FICO	B	0.05%	0.07%	0.05%
FIS	C	0.05%	0.06%	0.05%
FITB	B	0.06%	0.04%	0.04%
FMC	D	0.09%	0.01%	0.01%
FOX	A	0.1%	0.01%	0.01%
FOXA	A	0.1%	0.01%	0.01%
FRT	B	0.06%	0.01%	0.01%
FSLR	F	0.2%	0.03%	0.03%
FTNT	C	0.17%	0.08%	0.08%
FTV	C	0.03%	0.04%	0.03%
GD	D	0.16%	0.1%	0.1%
GDDY	A	0.27%	0.03%	0.03%
GE	D	0.17%	0.26%	0.17%
GEHC	D	0.1%	0.05%	0.05%
GEN	B	0.17%	0.02%	0.02%
GEV	B	0.18%	0.12%	0.12%
GILD	C	0.25%	0.15%	0.15%
GIS	D	0.21%	0.05%	0.05%
GL	C	0.2%	0.01%	0.01%
GLW	B	0.19%	0.05%	0.05%
GM	C	0.25%	0.09%	0.09%
GNRC	C	0.08%	0.01%	0.01%
GOOG	C	0.23%	1.12%	0.23%
GOOGL	C	0.23%	1.35%	0.23%
GPC	D	0.15%	0.02%	0.02%
GPN	B	0.04%	0.04%	0.04%
GRMN	B	0.33%	0.04%	0.04%
GS	A	0.25%	0.25%	0.25%
GWW	B	0.12%	0.07%	0.07%
HAL	C	0.34%	0.04%	0.04%
HAS	D	0.26%	0.01%	0.01%
HBAN	A	0.06%	0.03%	0.03%
HCA	F	0.33%	0.09%	0.09%
HD	B	0.26%	0.54%	0.26%
HES	B	0.07%	0.05%	0.05%
HIG	B	0.14%	0.05%	0.05%
HII	F	0.08%	0.01%	0.01%
HLT	A	0.12%	0.08%	0.08%
HOLX	D	0.1%	0.02%	0.02%
HON	C	0.17%	0.2%	0.17%
HPE	B	0.19%	0.04%	0.04%
HPQ	B	0.35%	0.05%	0.05%
HRL	D	0.36%	0.01%	0.01%
HSIC	C	0.2%	0.01%	0.01%
HST	C	0.11%	0.02%	0.02%
HSY	F	0.18%	0.03%	0.03%
HUBB	B	0.26%	0.03%	0.03%
HUM	C	0.26%	0.04%	0.04%
HWM	A	0.08%	0.06%	0.06%
IBM	C	0.34%	0.25%	0.25%
ICE	C	0.04%	0.12%	0.04%
IDXX	F	0.1%	0.05%	0.05%
IEX	C	0.2%	0.02%	0.02%
IFF	D	0.05%	0.03%	0.03%
INCY	C	0.25%	0.02%	0.02%
INTC	C	0.16%	0.14%	0.14%
INTU	B	0.2%	0.26%	0.2%
INVH	D	0.1%	0.03%	0.03%
IP	A	0.06%	0.03%	0.03%
IPG	D	0.34%	0.01%	0.01%
IQV	F	0.14%	0.04%	0.04%
IR	B	0.2%	0.06%	0.06%
IRM	C	0.06%	0.05%	0.05%
ISRG	A	0.12%	0.25%	0.12%
IT	C	0.13%	0.05%	0.05%
ITW	B	0.17%	0.1%	0.1%
IVZ	B	0.09%	0.01%	0.01%
J	D	0.4%	0.02%	0.02%
JBHT	C	0.08%	0.02%	0.02%
JBL	C	0.38%	0.02%	0.02%
JCI	B	0.08%	0.08%	0.08%
JKHY	D	0.05%	0.02%	0.02%
JNJ	C	0.24%	0.5%	0.24%
JNPR	D	0.2%	0.02%	0.02%
JPM	A	0.13%	0.93%	0.13%
K	A	0.18%	0.03%	0.03%
KDP	F	0.24%	0.04%	0.04%
KEY	B	0.06%	0.02%	0.02%
KEYS	A	0.21%	0.03%	0.03%
KHC	F	0.21%	0.04%	0.04%
KIM	A	0.06%	0.02%	0.02%
KKR	A	0.09%	0.14%	0.09%
KLAC	F	0.17%	0.11%	0.11%
KMB	C	0.42%	0.06%	0.06%
KMI	A	0.25%	0.07%	0.07%
KMX	B	0.14%	0.02%	0.02%
KO	D	0.25%	0.32%	0.25%
KR	B	0.74%	0.05%	0.05%
KVUE	A	0.42%	0.06%	0.06%
L	A	0.49%	0.02%	0.02%
LDOS	C	0.13%	0.03%	0.03%
LEN	D	0.25%	0.05%	0.05%
LH	B	0.16%	0.03%	0.03%
LHX	C	0.08%	0.06%	0.06%
LIN	C	0.04%	0.29%	0.04%
LKQ	F	0.14%	0.01%	0.01%
LLY	F	0.23%	0.79%	0.23%
LMT	D	0.09%	0.15%	0.09%
LNT	A	0.08%	0.02%	0.02%
LOW	C	0.26%	0.21%	0.21%
LULU	C	0.31%	0.05%	0.05%
LUV	C	0.25%	0.03%	0.03%
LVS	B	0.08%	0.02%	0.02%
LW	C	0.22%	0.01%	0.01%
LYB	F	0.07%	0.03%	0.03%
LYV	A	0.09%	0.03%	0.03%
MA	B	0.04%	0.58%	0.04%
MAA	B	0.1%	0.02%	0.02%
MAR	A	0.12%	0.09%	0.09%
MAS	D	0.19%	0.02%	0.02%
MCD	D	0.5%	0.28%	0.28%
MCHP	F	0.14%	0.05%	0.05%
MCK	A	0.18%	0.11%	0.11%
MCO	B	0.04%	0.1%	0.04%
MDLZ	F	0.18%	0.12%	0.12%
MDT	D	0.06%	0.15%	0.06%
MET	A	0.21%	0.07%	0.07%
META	D	0.47%	1.62%	0.47%
MGM	D	0.07%	0.01%	0.01%
MHK	D	0.19%	0.01%	0.01%
MKC	C	0.21%	0.02%	0.02%
MKTX	D	0.04%	0.01%	0.01%
MLM	C	0.17%	0.05%	0.05%
MMC	B	0.04%	0.15%	0.04%
MMM	D	0.17%	0.1%	0.1%
MNST	C	0.25%	0.05%	0.05%
MO	A	0.35%	0.13%	0.13%
MOH	F	0.25%	0.02%	0.02%
MOS	F	0.08%	0.01%	0.01%
MPC	D	0.49%	0.07%	0.07%
MPWR	F	0.22%	0.04%	0.04%
MRK	D	0.24%	0.33%	0.24%
MRNA	F	0.24%	0.02%	0.02%
MRO	B	0.07%	0.02%	0.02%
MS	A	0.26%	0.22%	0.22%
MSCI	C	0.04%	0.06%	0.04%
MSFT	D	0.32%	4.13%	0.32%
MSI	B	0.49%	0.11%	0.11%
MTB	A	0.06%	0.05%	0.05%
MTCH	D	0.47%	0.01%	0.01%
MTD	F	0.15%	0.03%	0.03%
MU	D	0.15%	0.14%	0.14%
NCLH	B	0.09%	0.02%	0.02%
NDAQ	A	0.04%	0.04%	0.04%
NDSN	B	0.03%	0.02%	0.02%
NEE	C	0.24%	0.21%	0.21%
NEM	D	0.25%	0.06%	0.06%
NFLX	A	0.22%	0.47%	0.22%
NI	A	0.33%	0.02%	0.02%
NKE	F	0.33%	0.12%	0.12%
NOC	D	0.09%	0.09%	0.09%
NOW	A	0.22%	0.28%	0.22%
NRG	B	0.33%	0.03%	0.03%
NSC	B	0.08%	0.08%	0.08%
NTAP	C	0.17%	0.03%	0.03%
NTRS	A	0.08%	0.03%	0.03%
NUE	C	0.26%	0.05%	0.05%
NVDA	B	0.13%	4.67%	0.13%
NVR	D	0.26%	0.04%	0.04%
NWS	A	0.1%	0.0%	0.0%
NWSA	A	0.1%	0.01%	0.01%
NXPI	D	0.23%	0.07%	0.07%
O	C	0.07%	0.07%	0.07%
ODFL	C	0.08%	0.05%	0.05%
OKE	A	0.24%	0.09%	0.09%
OMC	C	0.34%	0.03%	0.03%
ON	D	0.23%	0.04%	0.04%
ORCL	A	0.34%	0.39%	0.34%
ORLY	B	0.14%	0.09%	0.09%
OTIS	C	0.08%	0.05%	0.05%
OXY	D	0.07%	0.05%	0.05%
PANW	B	0.16%	0.17%	0.16%
PARA	C	0.2%	0.01%	0.01%
PAYC	B	0.22%	0.01%	0.01%
PAYX	B	0.21%	0.06%	0.06%
PCAR	B	0.13%	0.08%	0.08%
PCG	A	0.08%	0.06%	0.06%
PEG	A	0.26%	0.06%	0.06%
PEP	F	0.18%	0.29%	0.18%
PFE	F	0.24%	0.19%	0.19%
PFG	D	0.21%	0.02%	0.02%
PG	C	0.42%	0.53%	0.42%
PGR	A	0.19%	0.2%	0.19%
PH	A	0.08%	0.12%	0.08%
PHM	D	0.25%	0.04%	0.04%
PKG	A	0.06%	0.03%	0.03%
PLD	F	0.06%	0.14%	0.06%
PLTR	B	0.23%	0.18%	0.18%
PM	B	0.35%	0.27%	0.27%
PNC	B	0.06%	0.11%	0.06%
PNR	A	0.19%	0.02%	0.02%
PNW	A	0.07%	0.01%	0.01%
PODD	C	0.1%	0.02%	0.02%
POOL	C	0.13%	0.02%	0.02%
PPG	F	0.07%	0.04%	0.04%
PPL	A	0.08%	0.03%	0.03%
PRU	A	0.2%	0.06%	0.06%
PSA	C	0.11%	0.07%	0.07%
PSX	C	0.51%	0.07%	0.07%
PTC	B	0.17%	0.03%	0.03%
PWR	A	0.4%	0.06%	0.06%
PYPL	B	0.06%	0.12%	0.06%
QCOM	F	0.22%	0.24%	0.22%
QRVO	F	0.21%	0.01%	0.01%
RCL	A	0.09%	0.07%	0.07%
REG	A	0.06%	0.02%	0.02%
REGN	F	0.22%	0.11%	0.11%
RF	A	0.06%	0.03%	0.03%
RJF	A	0.25%	0.04%	0.04%
RL	C	0.32%	0.01%	0.01%
RMD	C	0.09%	0.05%	0.05%
ROK	C	0.03%	0.04%	0.03%
ROL	B	0.18%	0.02%	0.02%
ROP	B	0.03%	0.08%	0.03%
ROST	D	0.72%	0.06%	0.06%
RSG	A	0.18%	0.06%	0.06%
RTX	D	0.08%	0.21%	0.08%
RVTY	F	0.1%	0.02%	0.02%
SBAC	D	0.06%	0.03%	0.03%
SBUX	A	0.48%	0.15%	0.15%
SCHW	B	0.25%	0.16%	0.16%
SHW	B	0.06%	0.12%	0.06%
SJM	D	0.21%	0.02%	0.02%
SLB	C	0.35%	0.08%	0.08%
SMCI	F	0.15%	0.01%	0.01%
SNA	A	0.25%	0.03%	0.03%
SNPS	B	0.34%	0.11%	0.11%
SO	C	0.08%	0.13%	0.08%
SOLV	D	0.05%	0.01%	0.01%
SPG	A	0.07%	0.07%	0.07%
SPGI	C	0.04%	0.22%	0.04%
SRE	A	0.08%	0.08%	0.08%
STE	D	0.12%	0.03%	0.03%
STLD	B	0.27%	0.03%	0.03%
STT	B	0.12%	0.04%	0.04%
STX	C	0.17%	0.03%	0.03%
STZ	D	0.25%	0.05%	0.05%
SW	A	0.07%	0.03%	0.03%
SWK	D	0.27%	0.02%	0.02%
SWKS	F	0.21%	0.02%	0.02%
SYF	B	0.69%	0.03%	0.03%
SYK	B	0.12%	0.18%	0.12%
SYY	D	0.75%	0.05%	0.05%
T	A	0.33%	0.22%	0.22%
TAP	C	0.25%	0.01%	0.01%
TDG	D	0.08%	0.09%	0.08%
TDY	B	0.03%	0.03%	0.03%
TECH	F	0.15%	0.01%	0.01%
TER	F	0.17%	0.02%	0.02%
TFC	A	0.06%	0.08%	0.06%
TFX	F	0.05%	0.01%	0.01%
TGT	F	0.17%	0.09%	0.09%
TJX	A	0.72%	0.18%	0.18%
TMO	F	0.14%	0.26%	0.14%
TMUS	B	0.33%	0.15%	0.15%
TPR	B	0.33%	0.02%	0.02%
TRGP	A	0.24%	0.06%	0.06%
TRMB	B	0.03%	0.02%	0.02%
TROW	B	0.09%	0.04%	0.04%
TRV	B	0.14%	0.08%	0.08%
TSCO	D	0.12%	0.04%	0.04%
TSLA	B	0.28%	1.19%	0.28%
TSN	B	0.36%	0.02%	0.02%
TT	A	0.07%	0.12%	0.07%
TTWO	A	0.49%	0.04%	0.04%
TXN	C	0.23%	0.25%	0.23%
TXT	D	0.16%	0.02%	0.02%
TYL	B	0.22%	0.03%	0.03%
UAL	A	0.28%	0.04%	0.04%
UBER	F	0.11%	0.21%	0.11%
UDR	B	0.1%	0.02%	0.02%
UHS	D	0.32%	0.02%	0.02%
ULTA	F	0.17%	0.02%	0.02%
UNH	B	0.26%	0.73%	0.26%
UNP	C	0.08%	0.19%	0.08%
UPS	C	0.09%	0.13%	0.09%
URI	C	0.14%	0.07%	0.07%
USB	A	0.06%	0.1%	0.06%
V	A	0.04%	0.69%	0.04%
VICI	C	0.06%	0.04%	0.04%
VLO	C	0.5%	0.06%	0.06%
VLTO	C	0.03%	0.03%	0.03%
VMC	B	0.17%	0.05%	0.05%
VRSK	A	0.04%	0.05%	0.04%
VRSN	C	0.27%	0.02%	0.02%
VRTX	D	0.23%	0.16%	0.16%
VST	A	0.41%	0.07%	0.07%
VTR	B	0.11%	0.04%	0.04%
VTRS	A	0.24%	0.02%	0.02%
VZ	C	0.33%	0.23%	0.23%
WAB	B	0.13%	0.05%	0.05%
WAT	C	0.15%	0.03%	0.03%
WBA	F	0.64%	0.01%	0.01%
WBD	B	0.19%	0.03%	0.03%
WDC	D	0.17%	0.03%	0.03%
WEC	A	0.07%	0.04%	0.04%
WELL	A	0.11%	0.11%	0.11%
WFC	A	0.13%	0.34%	0.13%
WM	B	0.18%	0.11%	0.11%
WMB	A	0.25%	0.09%	0.09%
WMT	A	0.73%	0.49%	0.49%
WRB	A	0.14%	0.02%	0.02%
WST	C	0.05%	0.03%	0.03%
WTW	B	0.03%	0.04%	0.03%
WY	F	0.17%	0.03%	0.03%
WYNN	C	0.08%	0.01%	0.01%
XEL	A	0.08%	0.05%	0.05%
XOM	B	0.77%	0.71%	0.71%
XYL	D	0.19%	0.04%	0.04%
YUM	D	0.51%	0.05%	0.05%
ZBH	C	0.12%	0.03%	0.03%
ZBRA	B	0.13%	0.03%	0.03%
ZTS	D	0.25%	0.11%	0.11%

SSPY Overweight 2 Positions Relative to SSO

	Symbol	Grade	Weight
	TEL	B	0.19%
	BBWI	C	0.19%

SSPY Underweight 1 Positions Relative to SSO

	Symbol	Grade	Weight
	LRCX	F	-0.12%