SSPY vs. VONV ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Vanguard Russell 1000 Value ETF (VONV)

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

$78.82

Average Daily Volume

3,216

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

VONV

Vanguard Russell 1000 Value ETF

VONV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000Â® Value Index. The index is designed to measure the performance of large-capitalization value stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$83.18

Average Daily Volume

320,945

Number of Holdings ^*

844

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	VONV
30 Days	0.26%	2.59%
60 Days	6.41%	9.45%
90 Days	5.12%	9.65%
12 Months	25.19%	30.42%

431 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in VONV	Overlap
A	B	0.15%	0.17%	0.15%
ABBV	C	0.25%	0.79%	0.25%
ABT	C	0.06%	0.79%	0.06%
ACGL	A	0.15%	0.16%	0.15%
ACN	B	0.13%	0.86%	0.13%
ADI	B	0.23%	0.47%	0.23%
ADM	F	0.38%	0.12%	0.12%
ADP	A	0.22%	0.03%	0.03%
AEE	A	0.08%	0.09%	0.08%
AEP	C	0.25%	0.21%	0.21%
AES	C	0.31%	0.05%	0.05%
AFL	A	0.2%	0.25%	0.2%
AIG	C	0.2%	0.21%	0.2%
AIZ	B	0.21%	0.04%	0.04%
AJG	C	0.04%	0.24%	0.04%
AKAM	D	0.28%	0.06%	0.06%
ALB	D	0.05%	0.04%	0.04%
ALGN	D	0.1%	0.03%	0.03%
ALL	A	0.21%	0.17%	0.17%
ALLE	A	0.08%	0.05%	0.05%
AMAT	C	0.18%	0.05%	0.05%
AMCR	C	0.13%	0.07%	0.07%
AMD	C	0.14%	0.33%	0.14%
AME	C	0.13%	0.16%	0.13%
AMGN	D	0.25%	0.16%	0.16%
AMP	A	0.09%	0.02%	0.02%
ANSS	D	0.17%	0.11%	0.11%
AON	A	0.04%	0.27%	0.04%
AOS	C	0.2%	0.04%	0.04%
APA	F	0.08%	0.04%	0.04%
APD	C	0.05%	0.25%	0.05%
APH	D	0.2%	0.13%	0.13%
APTV	D	0.4%	0.08%	0.08%
ARE	D	0.11%	0.08%	0.08%
ATO	A	0.34%	0.08%	0.08%
AVB	C	0.11%	0.13%	0.11%
AVY	D	0.06%	0.04%	0.04%
AWK	D	0.33%	0.11%	0.11%
AXP	A	0.04%	0.37%	0.04%
AZO	D	0.14%	0.02%	0.02%
BA	F	0.17%	0.34%	0.17%
BAC	B	0.13%	1.11%	0.13%
BALL	C	0.13%	0.08%	0.08%
BAX	D	0.05%	0.08%	0.05%
BBWI	F	0.19%	0.03%	0.03%
BBY	C	0.17%	0.09%	0.09%
BDX	C	0.05%	0.28%	0.05%
BEN	F	0.09%	0.02%	0.02%
BG	F	0.38%	0.06%	0.06%
BIIB	F	0.25%	0.12%	0.12%
BK	A	0.12%	0.2%	0.12%
BKNG	B	0.12%	0.03%	0.03%
BKR	B	0.37%	0.14%	0.14%
BLDR	C	0.2%	0.08%	0.08%
BLK	A	0.09%	0.53%	0.09%
BMY	A	0.26%	0.41%	0.26%
BR	B	0.11%	0.01%	0.01%
BRK.A	B	0.52%	3.5%	0.52%
BRO	A	0.04%	0.06%	0.04%
BSX	A	0.06%	0.48%	0.06%
BWA	C	0.41%	0.03%	0.03%
BXP	B	0.12%	0.05%	0.05%
C	B	0.13%	0.48%	0.13%
CAG	D	0.22%	0.06%	0.06%
CAH	B	0.2%	0.04%	0.04%
CARR	A	0.08%	0.2%	0.08%
CAT	A	0.14%	0.6%	0.14%
CB	A	0.15%	0.46%	0.15%
CBOE	B	0.04%	0.09%	0.04%
CBRE	C	0.04%	0.14%	0.04%
CCI	D	0.07%	0.2%	0.07%
CCL	C	0.09%	0.07%	0.07%
CDW	D	0.13%	0.06%	0.06%
CE	D	0.07%	0.04%	0.04%
CEG	A	0.39%	0.21%	0.21%
CF	A	0.09%	0.06%	0.06%
CFG	C	0.06%	0.08%	0.06%
CHD	D	0.43%	0.1%	0.1%
CHRW	C	0.09%	0.05%	0.05%
CHTR	D	0.48%	0.13%	0.13%
CI	D	0.2%	0.37%	0.2%
CINF	A	0.15%	0.08%	0.08%
CL	D	0.43%	0.16%	0.16%
CMCSA	B	0.53%	0.62%	0.53%
CMI	A	0.08%	0.17%	0.08%
CMS	A	0.08%	0.08%	0.08%
CNC	F	0.27%	0.17%	0.17%
CNP	B	0.26%	0.07%	0.07%
COF	A	0.72%	0.22%	0.22%
COP	D	0.08%	0.54%	0.08%
CPB	D	0.21%	0.04%	0.04%
CPRT	B	0.23%	0.01%	0.01%
CPT	C	0.11%	0.05%	0.05%
CRL	F	0.15%	0.04%	0.04%
CRM	B	0.36%	0.14%	0.14%
CSCO	A	0.21%	0.82%	0.21%
CSGP	F	0.04%	0.13%	0.04%
CSX	D	0.09%	0.27%	0.09%
CTAS	C	0.19%	0.01%	0.01%
CTLT	A	0.26%	0.04%	0.04%
CTRA	D	0.18%	0.07%	0.07%
CTSH	B	0.13%	0.16%	0.13%
CTVA	A	0.09%	0.16%	0.09%
CVS	D	0.68%	0.29%	0.29%
CVX	B	0.8%	1.02%	0.8%
CZR	B	0.07%	0.03%	0.03%
D	A	0.25%	0.19%	0.19%
DAL	C	0.27%	0.11%	0.11%
DAY	C	0.23%	0.03%	0.03%
DD	C	0.05%	0.14%	0.05%
DE	C	0.13%	0.39%	0.13%
DELL	C	0.17%	0.1%	0.1%
DFS	A	0.7%	0.14%	0.14%
DG	F	0.17%	0.07%	0.07%
DGX	D	0.17%	0.07%	0.07%
DHI	C	0.25%	0.22%	0.22%
DHR	D	0.1%	0.72%	0.1%
DIS	D	0.21%	0.67%	0.21%
DLR	C	0.27%	0.2%	0.2%
DLTR	F	0.17%	0.07%	0.07%
DOC	C	0.11%	0.06%	0.06%
DOV	C	0.17%	0.1%	0.1%
DOW	B	0.07%	0.15%	0.07%
DPZ	D	0.54%	0.04%	0.04%
DRI	C	0.54%	0.04%	0.04%
DTE	B	0.25%	0.1%	0.1%
DUK	C	0.08%	0.35%	0.08%
DVN	F	0.18%	0.11%	0.11%
EA	D	0.49%	0.16%	0.16%
EBAY	A	0.23%	0.12%	0.12%
ECL	C	0.05%	0.03%	0.03%
ED	C	0.25%	0.14%	0.14%
EFX	D	0.04%	0.12%	0.04%
EG	A	0.14%	0.06%	0.06%
EIX	C	0.25%	0.13%	0.13%
EL	D	0.47%	0.05%	0.05%
ELV	F	0.25%	0.44%	0.25%
EMN	C	0.05%	0.05%	0.05%
EMR	B	0.03%	0.24%	0.03%
EOG	B	0.08%	0.3%	0.08%
EPAM	F	0.13%	0.04%	0.04%
EQIX	C	0.28%	0.3%	0.28%
EQR	C	0.11%	0.11%	0.11%
EQT	C	0.18%	0.07%	0.07%
ES	D	0.08%	0.1%	0.08%
ESS	D	0.11%	0.08%	0.08%
ETN	B	0.27%	0.49%	0.27%
ETR	A	0.26%	0.1%	0.1%
EVRG	C	0.08%	0.05%	0.05%
EW	F	0.06%	0.14%	0.06%
EXC	C	0.3%	0.15%	0.15%
EXPD	D	0.09%	0.06%	0.06%
EXR	D	0.11%	0.15%	0.11%
F	D	0.26%	0.18%	0.18%
FANG	D	0.08%	0.14%	0.08%
FAST	C	0.13%	0.02%	0.02%
FCX	B	0.29%	0.25%	0.25%
FDS	C	0.04%	0.04%	0.04%
FDX	F	0.08%	0.27%	0.08%
FE	C	0.25%	0.1%	0.1%
FFIV	B	0.22%	0.05%	0.05%
FICO	C	0.05%	0.03%	0.03%
FIS	A	0.06%	0.19%	0.06%
FITB	C	0.06%	0.12%	0.06%
FMC	C	0.09%	0.03%	0.03%
FOX	B	0.11%	0.02%	0.02%
FOXA	B	0.11%	0.04%	0.04%
FRT	D	0.07%	0.04%	0.04%
FSLR	C	0.2%	0.1%	0.1%
FTNT	A	0.17%	0.04%	0.04%
FTV	C	0.03%	0.1%	0.03%
GD	C	0.17%	0.33%	0.17%
GE	B	0.18%	0.6%	0.18%
GEHC	C	0.11%	0.13%	0.11%
GEV	A	0.19%	0.22%	0.19%
GILD	A	0.26%	0.4%	0.26%
GIS	C	0.22%	0.16%	0.16%
GL	C	0.21%	0.04%	0.04%
GLW	C	0.2%	0.13%	0.13%
GM	D	0.26%	0.23%	0.23%
GNRC	B	0.08%	0.02%	0.02%
GPC	D	0.15%	0.08%	0.08%
GPN	F	0.04%	0.11%	0.04%
GRMN	D	0.34%	0.11%	0.11%
GS	B	0.26%	0.47%	0.26%
GWW	B	0.13%	0.02%	0.02%
HAL	D	0.36%	0.11%	0.11%
HAS	A	0.27%	0.0%	0.0%
HBAN	B	0.06%	0.09%	0.06%
HCA	C	0.34%	0.23%	0.23%
HD	A	0.27%	0.3%	0.27%
HES	D	0.08%	0.05%	0.05%
HIG	A	0.15%	0.14%	0.14%
HII	F	0.08%	0.04%	0.04%
HLT	A	0.12%	0.11%	0.11%
HOLX	D	0.1%	0.08%	0.08%
HON	C	0.17%	0.46%	0.17%
HPE	B	0.19%	0.1%	0.1%
HPQ	B	0.36%	0.11%	0.11%
HRL	F	0.37%	0.04%	0.04%
HSIC	D	0.2%	0.04%	0.04%
HST	D	0.12%	0.05%	0.05%
HSY	D	0.18%	0.1%	0.1%
HUBB	A	0.26%	0.09%	0.09%
HUM	F	0.26%	0.17%	0.17%
HWM	A	0.08%	0.15%	0.08%
IBM	A	0.35%	0.74%	0.35%
ICE	A	0.04%	0.37%	0.04%
IEX	D	0.2%	0.06%	0.06%
IFF	D	0.05%	0.11%	0.05%
INCY	B	0.25%	0.05%	0.05%
INTC	D	0.16%	0.38%	0.16%
INVH	D	0.11%	0.09%	0.09%
IP	C	0.06%	0.07%	0.06%
IPG	D	0.34%	0.05%	0.05%
IQV	F	0.14%	0.16%	0.14%
IR	A	0.2%	0.15%	0.15%
IRM	B	0.07%	0.06%	0.06%
ITW	C	0.17%	0.19%	0.17%
IVZ	A	0.09%	0.03%	0.03%
J	F	0.4%	0.08%	0.08%
JBHT	D	0.09%	0.06%	0.06%
JBL	C	0.36%	0.05%	0.05%
JCI	C	0.08%	0.17%	0.08%
JKHY	A	0.05%	0.05%	0.05%
JNJ	D	0.25%	1.61%	0.25%
JNPR	C	0.2%	0.05%	0.05%
JPM	C	0.13%	2.59%	0.13%
K	B	0.19%	0.08%	0.08%
KDP	C	0.25%	0.16%	0.16%
KEY	B	0.06%	0.06%	0.06%
KEYS	B	0.21%	0.11%	0.11%
KHC	F	0.21%	0.13%	0.13%
KIM	C	0.07%	0.06%	0.06%
KKR	A	0.09%	0.24%	0.09%
KMB	D	0.43%	0.11%	0.11%
KMI	A	0.27%	0.17%	0.17%
KMX	F	0.15%	0.05%	0.05%
KO	C	0.25%	0.48%	0.25%
KR	C	0.76%	0.14%	0.14%
KVUE	C	0.43%	0.17%	0.17%
L	C	0.5%	0.06%	0.06%
LDOS	A	0.14%	0.09%	0.09%
LEN	C	0.25%	0.01%	0.01%
LEN	C	0.25%	0.18%	0.18%
LHX	A	0.09%	0.18%	0.09%
LIN	C	0.05%	0.92%	0.05%
LKQ	F	0.15%	0.04%	0.04%
LMT	A	0.09%	0.33%	0.09%
LNT	B	0.08%	0.06%	0.06%
LOW	C	0.26%	0.57%	0.26%
LUV	B	0.26%	0.07%	0.07%
LW	D	0.22%	0.02%	0.02%
LYB	B	0.07%	0.1%	0.07%
MAA	D	0.11%	0.08%	0.08%
MAR	A	0.12%	0.22%	0.12%
MAS	C	0.2%	0.07%	0.07%
MCD	A	0.51%	0.78%	0.51%
MCHP	F	0.13%	0.17%	0.13%
MCK	F	0.19%	0.17%	0.17%
MDLZ	D	0.19%	0.39%	0.19%
MDT	C	0.06%	0.47%	0.06%
MET	A	0.21%	0.19%	0.19%
MGM	D	0.07%	0.04%	0.04%
MHK	C	0.19%	0.03%	0.03%
MKC	C	0.22%	0.08%	0.08%
MKTX	B	0.05%	0.04%	0.04%
MLM	F	0.18%	0.12%	0.12%
MMC	D	0.04%	0.39%	0.04%
MMM	C	0.17%	0.24%	0.17%
MNST	D	0.26%	0.03%	0.03%
MO	D	0.37%	0.37%	0.37%
MOH	F	0.26%	0.03%	0.03%
MOS	F	0.08%	0.04%	0.04%
MPC	D	0.5%	0.25%	0.25%
MRNA	F	0.24%	0.1%	0.1%
MRO	B	0.08%	0.07%	0.07%
MS	A	0.26%	0.45%	0.26%
MSCI	B	0.04%	0.08%	0.04%
MSI	A	0.51%	0.15%	0.15%
MTB	A	0.06%	0.11%	0.06%
MTCH	B	0.48%	0.04%	0.04%
MTD	C	0.15%	0.12%	0.12%
MU	D	0.14%	0.43%	0.14%
NDAQ	C	0.05%	0.12%	0.05%
NDSN	C	0.03%	0.06%	0.03%
NEE	C	0.25%	0.66%	0.25%
NEM	C	0.26%	0.25%	0.25%
NI	A	0.34%	0.06%	0.06%
NKE	D	0.34%	0.15%	0.15%
NOC	B	0.09%	0.29%	0.09%
NRG	A	0.33%	0.04%	0.04%
NSC	C	0.08%	0.23%	0.08%
NTAP	D	0.18%	0.06%	0.06%
NTRS	B	0.09%	0.07%	0.07%
NUE	D	0.27%	0.15%	0.15%
NVR	C	0.28%	0.11%	0.11%
NWS	D	0.1%	0.01%	0.01%
NWSA	D	0.1%	0.04%	0.04%
O	C	0.07%	0.21%	0.07%
OKE	A	0.26%	0.22%	0.22%
OMC	C	0.34%	0.08%	0.08%
ON	F	0.22%	0.13%	0.13%
ORLY	A	0.14%	0.02%	0.02%
OTIS	A	0.08%	0.15%	0.08%
OXY	D	0.07%	0.15%	0.07%
PARA	F	0.2%	0.03%	0.03%
PAYC	D	0.23%	0.01%	0.01%
PAYX	B	0.22%	0.11%	0.11%
PCAR	D	0.13%	0.2%	0.13%
PCG	C	0.08%	0.17%	0.08%
PEG	A	0.26%	0.16%	0.16%
PEP	F	0.18%	0.2%	0.18%
PFE	D	0.26%	0.66%	0.26%
PFG	A	0.21%	0.08%	0.08%
PG	D	0.43%	1.26%	0.43%
PGR	B	0.2%	0.09%	0.09%
PH	A	0.08%	0.31%	0.08%
PHM	C	0.26%	0.11%	0.11%
PKG	B	0.06%	0.07%	0.06%
PLD	D	0.07%	0.47%	0.07%
PM	D	0.37%	0.77%	0.37%
PNC	C	0.06%	0.29%	0.06%
PNR	C	0.2%	0.06%	0.06%
PNW	C	0.08%	0.04%	0.04%
PPG	D	0.07%	0.12%	0.07%
PPL	C	0.08%	0.09%	0.08%
PRU	B	0.21%	0.17%	0.17%
PSA	C	0.11%	0.18%	0.11%
PSX	D	0.52%	0.24%	0.24%
PTC	B	0.17%	0.03%	0.03%
PWR	A	0.42%	0.11%	0.11%
PYPL	A	0.06%	0.3%	0.06%
QCOM	D	0.22%	0.05%	0.05%
QRVO	F	0.22%	0.04%	0.04%
RCL	B	0.09%	0.1%	0.09%
REG	C	0.07%	0.05%	0.05%
REGN	D	0.22%	0.46%	0.22%
RF	B	0.06%	0.09%	0.06%
RJF	B	0.27%	0.09%	0.09%
RL	B	0.32%	0.03%	0.03%
RMD	C	0.1%	0.1%	0.1%
ROK	D	0.03%	0.11%	0.03%
ROP	D	0.03%	0.24%	0.03%
ROST	D	0.74%	0.15%	0.15%
RSG	D	0.19%	0.17%	0.17%
RTX	A	0.08%	0.66%	0.08%
SBAC	C	0.07%	0.1%	0.07%
SBUX	B	0.49%	0.1%	0.1%
SCHW	D	0.26%	0.35%	0.26%
SHW	C	0.07%	0.03%	0.03%
SJM	D	0.21%	0.05%	0.05%
SLB	D	0.36%	0.25%	0.25%
SNA	C	0.25%	0.06%	0.06%
SO	A	0.08%	0.38%	0.08%
SOLV	C	0.05%	0.04%	0.04%
SPG	A	0.07%	0.16%	0.07%
SPGI	C	0.04%	0.64%	0.04%
SRE	C	0.08%	0.21%	0.08%
STE	D	0.12%	0.1%	0.1%
STLD	C	0.28%	0.07%	0.07%
STT	A	0.12%	0.11%	0.11%
STZ	D	0.25%	0.15%	0.15%
SW	C	0.07%	0.05%	0.05%
SWK	C	0.27%	0.06%	0.06%
SWKS	F	0.22%	0.07%	0.07%
SYF	A	0.69%	0.08%	0.08%
SYK	C	0.12%	0.37%	0.12%
SYY	D	0.76%	0.06%	0.06%
T	B	0.34%	0.57%	0.34%
TAP	D	0.25%	0.04%	0.04%
TDG	A	0.08%	0.24%	0.08%
TDY	A	0.03%	0.08%	0.03%
TECH	D	0.15%	0.05%	0.05%
TER	C	0.17%	0.01%	0.01%
TFC	D	0.06%	0.24%	0.06%
TFX	C	0.05%	0.05%	0.05%
TGT	C	0.17%	0.29%	0.17%
TJX	D	0.75%	0.22%	0.22%
TMO	D	0.14%	0.94%	0.14%
TMUS	A	0.33%	0.39%	0.33%
TPR	B	0.32%	0.04%	0.04%
TRMB	B	0.03%	0.06%	0.03%
TROW	D	0.09%	0.09%	0.09%
TRV	B	0.15%	0.21%	0.15%
TSN	D	0.37%	0.07%	0.07%
TT	A	0.08%	0.22%	0.08%
TTWO	D	0.5%	0.11%	0.11%
TXN	C	0.23%	0.69%	0.23%
TXT	F	0.17%	0.07%	0.07%
TYL	D	0.23%	0.02%	0.02%
UAL	A	0.27%	0.06%	0.06%
UDR	C	0.11%	0.06%	0.06%
UHS	D	0.35%	0.06%	0.06%
ULTA	D	0.18%	0.01%	0.01%
UNH	B	0.26%	2.03%	0.26%
UNP	F	0.08%	0.33%	0.08%
UPS	D	0.09%	0.38%	0.09%
URI	C	0.14%	0.15%	0.14%
USB	C	0.06%	0.3%	0.06%
VICI	C	0.07%	0.14%	0.07%
VLO	F	0.5%	0.19%	0.19%
VLTO	A	0.03%	0.06%	0.03%
VMC	D	0.18%	0.1%	0.1%
VRSN	C	0.27%	0.06%	0.06%
VRTX	D	0.24%	0.26%	0.24%
VTR	C	0.11%	0.1%	0.1%
VTRS	D	0.25%	0.06%	0.06%
VZ	C	0.34%	0.71%	0.34%
WAB	A	0.14%	0.12%	0.12%
WAT	B	0.15%	0.03%	0.03%
WBA	F	0.63%	0.03%	0.03%
WBD	F	0.2%	0.08%	0.08%
WDC	C	0.17%	0.09%	0.09%
WEC	B	0.08%	0.12%	0.08%
WELL	C	0.11%	0.29%	0.11%
WFC	B	0.13%	0.82%	0.13%
WMB	A	0.26%	0.22%	0.22%
WMT	A	0.76%	1.35%	0.76%
WRB	C	0.14%	0.07%	0.07%
WST	D	0.05%	0.04%	0.04%
WTW	C	0.04%	0.12%	0.04%
WY	C	0.18%	0.09%	0.09%
WYNN	B	0.07%	0.03%	0.03%
XEL	C	0.08%	0.14%	0.08%
XOM	A	0.8%	2.12%	0.8%
XYL	C	0.19%	0.13%	0.13%
YUM	C	0.51%	0.09%	0.09%
ZBH	F	0.13%	0.09%	0.09%
ZBRA	B	0.14%	0.06%	0.06%
ZTS	C	0.26%	0.06%	0.06%

SSPY Overweight 66 Positions Relative to VONV

Symbol	Grade	Weight
COST	C	0.74%
AAPL	C	0.52%
CMG	C	0.52%
META	A	0.49%
CLX	C	0.43%
VST	A	0.4%
ORCL	A	0.35%
SNPS	F	0.35%
MSFT	D	0.34%
CDNS	D	0.34%
LULU	D	0.3%
DECK	B	0.3%
GDDY	B	0.28%
TSLA	C	0.28%
TRGP	A	0.27%
ENPH	F	0.27%
MRK	F	0.25%
LLY	D	0.25%
AVGO	B	0.24%
NOW	B	0.24%
NXPI	F	0.23%
MPWR	B	0.23%
NFLX	A	0.23%
GOOGL	B	0.23%
GOOG	B	0.23%
PLTR	A	0.23%
AMZN	C	0.23%
ANET	A	0.22%
INTU	F	0.22%
ERIE	A	0.21%
CRWD	D	0.19%
WM	B	0.19%
ROL	C	0.19%
TEL	D	0.19%
STX	C	0.18%
KLAC	B	0.18%
ADBE	F	0.17%
PANW	B	0.17%
LRCX	D	0.17%
SMCI	F	0.17%
ADSK	B	0.17%
NVDA	B	0.14%
IT	A	0.14%
ISRG	C	0.13%
ABNB	D	0.13%
POOL	D	0.13%
UBER	C	0.12%
EXPE	B	0.12%
TSCO	A	0.12%
DVA	C	0.11%
DXCM	F	0.1%
PODD	C	0.1%
IDXX	D	0.1%
ODFL	F	0.09%
BX	C	0.09%
AXON	A	0.09%
LYV	A	0.09%
NCLH	C	0.09%
AMT	D	0.07%
LVS	B	0.07%
CPAY	A	0.05%
CME	A	0.05%
VRSK	D	0.04%
MA	A	0.04%
MCO	D	0.04%
V	B	0.04%

SSPY Underweight 413 Positions Relative to VONV

Symbol	Grade	Weight
FI	A	-0.28%
MRVL	C	-0.24%
FCNCA	D	-0.1%
SQ	D	-0.09%
MSTR	B	-0.08%
LNG	A	-0.08%
ILMN	B	-0.08%
RS	D	-0.07%
WSO	C	-0.07%
SUI	D	-0.07%
ZM	B	-0.07%
BMRN	F	-0.07%
CSL	A	-0.07%
AVTR	D	-0.07%
TRU	C	-0.07%
GGG	C	-0.06%
RGA	B	-0.06%
OC	C	-0.06%
GEN	A	-0.06%
TOL	C	-0.06%
RVTY	C	-0.06%
APO	A	-0.06%
FNF	C	-0.06%
MKL	B	-0.06%
RBA	D	-0.06%
UTHR	C	-0.06%
THC	D	-0.06%
SSNC	C	-0.06%
NVT	C	-0.05%
RPRX	D	-0.05%
RPM	A	-0.05%
ITT	C	-0.05%
BLD	D	-0.05%
OVV	D	-0.05%
FTI	B	-0.05%
EWBC	B	-0.05%
CUBE	C	-0.05%
RIVN	F	-0.05%
CW	A	-0.05%
DKS	D	-0.05%
CLH	B	-0.05%
WPC	C	-0.05%
RNR	A	-0.05%
HOOD	B	-0.05%
IBKR	A	-0.05%
ELS	D	-0.05%
AMH	D	-0.05%
GLPI	C	-0.05%
USFD	C	-0.05%
ACM	A	-0.05%
DCI	B	-0.04%
SF	A	-0.04%
TWLO	B	-0.04%
WAL	C	-0.04%
CG	B	-0.04%
EVR	C	-0.04%
INGR	B	-0.04%
NYT	C	-0.04%
EGP	D	-0.04%
CNH	C	-0.04%
ORI	A	-0.04%
FHN	D	-0.04%
GPK	D	-0.04%
PRI	A	-0.04%
SNX	C	-0.04%
CHRD	F	-0.04%
EHC	C	-0.04%
RGLD	C	-0.04%
AFG	A	-0.04%
ARMK	C	-0.04%
TTC	F	-0.04%
OHI	C	-0.04%
PFGC	A	-0.04%
CHK	C	-0.04%
WTRG	D	-0.04%
FBIN	C	-0.04%
WWD	C	-0.04%
TTEK	A	-0.04%
DOX	B	-0.04%
AFRM	C	-0.04%
QGEN	F	-0.04%
ATR	A	-0.04%
ALLY	F	-0.04%
COHR	B	-0.04%
CVNA	A	-0.04%
BJ	B	-0.04%
CCK	C	-0.04%
UNM	A	-0.04%
CACI	A	-0.04%
REXR	D	-0.04%
NTNX	C	-0.04%
EME	B	-0.04%
CASY	D	-0.04%
RRX	B	-0.04%
SCI	D	-0.04%
R	C	-0.03%
GME	D	-0.03%
VFC	A	-0.03%
FAF	C	-0.03%
RHI	D	-0.03%
AAL	D	-0.03%
WMS	D	-0.03%
LSTR	F	-0.03%
MAT	B	-0.03%
BIO	B	-0.03%
FLS	A	-0.03%
CGNX	F	-0.03%
BPOP	D	-0.03%
Z	C	-0.03%
LEA	F	-0.03%
PB	D	-0.03%
CFR	B	-0.03%
DAR	F	-0.03%
LFUS	C	-0.03%
GWRE	A	-0.03%
SAIC	A	-0.03%
SNV	D	-0.03%
OKTA	F	-0.03%
XP	F	-0.03%
MSA	F	-0.03%
MTG	A	-0.03%
EXAS	C	-0.03%
SEIC	B	-0.03%
BFAM	C	-0.03%
G	A	-0.03%
SOFI	C	-0.03%
KEX	C	-0.03%
WSM	C	-0.03%
SWN	D	-0.03%
NOV	F	-0.03%
SSD	B	-0.03%
OSK	F	-0.03%
PR	D	-0.03%
JAZZ	F	-0.03%
FYBR	C	-0.03%
HRB	C	-0.03%
WTFC	B	-0.03%
RRC	D	-0.03%
MTZ	A	-0.03%
AGNC	B	-0.03%
CROX	C	-0.03%
ZION	D	-0.03%
VOYA	A	-0.03%
RGEN	F	-0.03%
WCC	D	-0.03%
WEX	C	-0.03%
ADC	C	-0.03%
GNTX	D	-0.03%
ROKU	C	-0.03%
ARW	C	-0.03%
BRBR	A	-0.03%
HLI	A	-0.03%
STAG	D	-0.03%
ACHC	F	-0.03%
BWXT	A	-0.03%
FR	D	-0.03%
MKSI	F	-0.03%
MIDD	D	-0.03%
FND	C	-0.03%
PNFP	B	-0.03%
CRBG	B	-0.03%
CMA	C	-0.03%
ELAN	D	-0.03%
CBSH	D	-0.03%
DTM	A	-0.03%
LECO	D	-0.03%
CR	A	-0.03%
JEF	A	-0.03%
ONTO	B	-0.03%
CHE	D	-0.03%
AR	C	-0.03%
CRUS	D	-0.03%
AYI	A	-0.03%
ATI	C	-0.03%
OGE	C	-0.03%
COKE	C	-0.03%
DINO	F	-0.03%
BERY	C	-0.03%
AXTA	C	-0.03%
FCN	C	-0.03%
AA	B	-0.03%
TKO	A	-0.03%
APG	F	-0.03%
WBS	D	-0.03%
ALSN	A	-0.03%
GMED	B	-0.03%
LAD	C	-0.03%
LAMR	C	-0.03%
KNX	D	-0.03%
ACI	F	-0.03%
BRX	C	-0.03%
COLD	D	-0.03%
CIEN	A	-0.03%
TW	A	-0.03%
JLL	C	-0.03%
KBR	A	-0.03%
SKX	B	-0.03%
X	F	-0.03%
RBC	C	-0.03%
NNN	C	-0.03%
DXC	C	-0.02%
MSM	D	-0.02%
KMPR	D	-0.02%
LITE	A	-0.02%
NEU	F	-0.02%
LSXMK	D	-0.02%
W	C	-0.02%
IAC	C	-0.02%
PRGO	F	-0.02%
SITE	D	-0.02%
CPRI	C	-0.02%
DOCS	A	-0.02%
CLF	D	-0.02%
BYD	B	-0.02%
UHAL	C	-0.02%
SAIA	D	-0.02%
DLB	D	-0.02%
BILL	D	-0.02%
KRC	C	-0.02%
AGO	B	-0.02%
M	D	-0.02%
ROIV	D	-0.02%
CUZ	C	-0.02%
FRPT	A	-0.02%
SLGN	B	-0.02%
FLO	D	-0.02%
DBX	C	-0.02%
PSN	A	-0.02%
PII	D	-0.02%
CIVI	F	-0.02%
OLED	B	-0.02%
ASH	F	-0.02%
GAP	F	-0.02%
HOG	D	-0.02%
ALK	C	-0.02%
S	C	-0.02%
RYN	C	-0.02%
GFS	F	-0.02%
AN	D	-0.02%
OZK	D	-0.02%
WTM	C	-0.02%
EEFT	F	-0.02%
ZG	C	-0.02%
AL	D	-0.02%
SEE	C	-0.02%
SLM	B	-0.02%
WLK	C	-0.02%
JHG	A	-0.02%
AVT	B	-0.02%
WSC	D	-0.02%
SN	A	-0.02%
IDA	D	-0.02%
OLN	D	-0.02%
MDU	C	-0.02%
XRAY	D	-0.02%
HXL	F	-0.02%
THG	A	-0.02%
COLB	C	-0.02%
UGI	C	-0.02%
WHR	C	-0.02%
FNB	D	-0.02%
BC	C	-0.02%
KD	D	-0.02%
VNT	F	-0.02%
NFG	A	-0.02%
THO	C	-0.02%
TKR	B	-0.02%
OLLI	C	-0.02%
SRCL	B	-0.02%
LBRDK	C	-0.02%
LNC	B	-0.02%
SON	D	-0.02%
AMG	B	-0.02%
OMF	D	-0.02%
WH	C	-0.02%
PVH	D	-0.02%
AGCO	D	-0.02%
DASH	A	-0.02%
H	B	-0.02%
VMI	B	-0.02%
POST	C	-0.02%
OGN	F	-0.02%
ST	F	-0.02%
COIN	F	-0.02%
GXO	D	-0.02%
ESAB	C	-0.02%
RLI	A	-0.02%
ESI	C	-0.02%
VNO	B	-0.02%
MTSI	B	-0.02%
MTDR	D	-0.02%
STWD	C	-0.02%
AXS	A	-0.02%
SNDR	D	-0.01%
LYFT	D	-0.01%
CERT	F	-0.01%
WEN	B	-0.01%
TRIP	D	-0.01%
INFA	D	-0.01%
LEG	D	-0.01%
MP	C	-0.01%
UAA	B	-0.01%
REYN	D	-0.01%
BROS	F	-0.01%
PPC	C	-0.01%
AZEK	D	-0.01%
GO	F	-0.01%
ALGM	F	-0.01%
VSTS	D	-0.01%
FTRE	F	-0.01%
LPX	C	-0.01%
PSTG	F	-0.01%
SHC	C	-0.01%
IPGP	D	-0.01%
SAM	D	-0.01%
BIRK	F	-0.01%
QS	F	-0.01%
GLOB	D	-0.01%
ADTN	C	-0.01%
HAYW	C	-0.01%
EXP	C	-0.01%
KSS	D	-0.01%
RCM	B	-0.01%
ETSY	F	-0.01%
JWN	D	-0.01%
HHH	C	-0.01%
CRI	D	-0.01%
BOKF	B	-0.01%
YETI	C	-0.01%
PINC	F	-0.01%
MASI	B	-0.01%
AGR	C	-0.01%
VIRT	B	-0.01%
ENOV	F	-0.01%
CWEN	C	-0.01%
BRKR	D	-0.01%
VAC	D	-0.01%
MPW	C	-0.01%
AAP	F	-0.01%
CC	D	-0.01%
COLM	B	-0.01%
AZTA	F	-0.01%
U	D	-0.01%
RKT	D	-0.01%
CNM	F	-0.01%
SPB	C	-0.01%
CLVT	D	-0.01%
PENN	D	-0.01%
IRDM	C	-0.01%
BHF	D	-0.01%
LOPE	D	-0.01%
CXT	F	-0.01%
NWL	D	-0.01%
SMG	C	-0.01%
RH	C	-0.01%
TNL	B	-0.01%
ZI	F	-0.01%
FHB	D	-0.01%
AM	A	-0.01%
AMED	D	-0.01%
PAG	D	-0.01%
NVST	D	-0.01%
PK	D	-0.01%
TPG	A	-0.01%
PLNT	B	-0.01%
NXST	D	-0.01%
NSA	D	-0.01%
HIW	C	-0.01%
WU	D	-0.01%
MAN	D	-0.01%
EPR	C	-0.01%
MSGS	A	-0.01%
LCID	F	-0.01%
SPR	D	-0.01%
CNXC	F	-0.01%
HUN	B	-0.01%
DNB	D	-0.01%
AWI	A	-0.01%
COTY	F	-0.01%
ALNY	C	-0.01%
AMKR	F	-0.01%
GTES	C	-0.01%
UHAL	C	-0.0%
SEG	F	-0.0%
UWMC	D	-0.0%
NFE	F	-0.0%
DJT	F	-0.0%
UI	B	-0.0%
IONS	F	-0.0%
LBRDA	C	-0.0%
PLTK	C	-0.0%
CHH	A	-0.0%
CACC	F	-0.0%
SIRI	C	-0.0%
TFSL	D	-0.0%
PATH	D	-0.0%
HCP	A	-0.0%
CWEN	C	-0.0%
SEB	F	-0.0%
TXG	F	-0.0%
FIVE	D	-0.0%
CAR	D	-0.0%
LSCC	D	-0.0%
PYCR	D	-0.0%
NCNO	F	-0.0%
DDS	D	-0.0%
AMC	F	-0.0%
MTN	D	-0.0%
CNA	D	-0.0%
UA	B	-0.0%
WOLF	F	-0.0%
EXEL	B	-0.0%
DV	F	-0.0%