SSPY vs. ZZZ ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)

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

ZZZ

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

ZZZ Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.

Grade (RS Rating)

Last Trade

$28.15

Average Daily Volume

695

Number of Holdings ^*

480

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	ZZZ
30 Days	2.71%	12.11%
60 Days	2.03%	12.51%
90 Days	2.72%	13.28%
12 Months	22.62%

470 Overlapping Holdings

	Symbol	Grade	Weight in SSPY	Weight in ZZZ	Overlap
	A	D	0.15%	0.04%	0.04%
	AAPL	C	0.5%	3.67%	0.5%
	ABBV	F	0.24%	0.32%	0.24%
	ABNB	C	0.12%	0.06%	0.06%
	ABT	B	0.06%	0.22%	0.06%
	ACGL	C	0.14%	0.04%	0.04%
	ACN	B	0.13%	0.24%	0.13%
	ADBE	C	0.16%	0.22%	0.16%
	ADI	D	0.22%	0.12%	0.12%
	ADM	D	0.37%	0.03%	0.03%
	ADP	A	0.21%	0.13%	0.13%
	ADSK	A	0.17%	0.07%	0.07%
	AEE	A	0.08%	0.03%	0.03%
	AEP	C	0.24%	0.05%	0.05%
	AES	F	0.32%	0.01%	0.01%
	AFL	B	0.2%	0.06%	0.06%
	AIG	B	0.2%	0.06%	0.06%
	AIZ	A	0.2%	0.02%	0.02%
	AJG	A	0.03%	0.07%	0.03%
	AKAM	D	0.27%	0.01%	0.01%
	ALB	B	0.05%	0.01%	0.01%
	ALGN	D	0.1%	0.03%	0.03%
	ALL	A	0.2%	0.07%	0.07%
	ALLE	C	0.08%	0.02%	0.02%
	AMAT	F	0.18%	0.15%	0.15%
	AMCR	C	0.13%	0.02%	0.02%
	AMD	F	0.14%	0.25%	0.14%
	AME	A	0.13%	0.04%	0.04%
	AMGN	F	0.24%	0.16%	0.16%
	AMP	A	0.08%	0.06%	0.06%
	AMT	C	0.06%	0.11%	0.06%
	AMZN	C	0.22%	2.04%	0.22%
	ANET	C	0.21%	0.08%	0.08%
	ANSS	B	0.17%	0.04%	0.04%
	AON	A	0.04%	0.09%	0.04%
	AOS	F	0.21%	0.01%	0.01%
	APA	D	0.07%	0.01%	0.01%
	APD	A	0.05%	0.07%	0.05%
	APH	A	0.19%	0.09%	0.09%
	APTV	F	0.4%	0.02%	0.02%
	ARE	F	0.11%	0.02%	0.02%
	ATO	A	0.33%	0.02%	0.02%
	AVB	B	0.1%	0.03%	0.03%
	AVGO	D	0.23%	0.76%	0.23%
	AVY	F	0.06%	0.02%	0.02%
	AWK	C	0.32%	0.03%	0.03%
	AXON	A	0.09%	0.07%	0.07%
	AXP	A	0.04%	0.19%	0.04%
	BA	F	0.16%	0.1%	0.1%
	BAC	A	0.12%	0.36%	0.12%
	BALL	F	0.13%	0.02%	0.02%
	BAX	F	0.05%	0.02%	0.02%
	BBWI	C	0.19%	0.01%	0.01%
	BBY	D	0.17%	0.02%	0.02%
	BDX	F	0.05%	0.08%	0.05%
	BEN	C	0.09%	0.01%	0.01%
	BG	D	0.37%	0.01%	0.01%
	BIIB	F	0.24%	0.02%	0.02%
	BK	A	0.11%	0.07%	0.07%
	BKR	A	0.35%	0.05%	0.05%
	BLDR	D	0.19%	0.02%	0.02%
	BLK	B	0.08%	0.12%	0.08%
	BMY	B	0.25%	0.13%	0.13%
	BR	A	0.11%	0.03%	0.03%
	BRK.A	B	0.5%	0.95%	0.5%
	BRO	B	0.04%	0.02%	0.02%
	BSX	A	0.06%	0.14%	0.06%
	BWA	D	0.42%	0.01%	0.01%
	BX	A	0.08%	0.14%	0.08%
	BXP	C	0.11%	0.01%	0.01%
	C	A	0.13%	0.15%	0.13%
	CAG	F	0.21%	0.01%	0.01%
	CAH	B	0.19%	0.03%	0.03%
	CARR	C	0.08%	0.07%	0.07%
	CAT	B	0.14%	0.22%	0.14%
	CB	C	0.14%	0.13%	0.13%
	CBOE	C	0.04%	0.02%	0.02%
	CBRE	B	0.04%	0.04%	0.04%
	CCI	C	0.06%	0.05%	0.05%
	CCL	A	0.09%	0.03%	0.03%
	CDNS	B	0.33%	0.1%	0.1%
	CDW	F	0.13%	0.02%	0.02%
	CE	F	0.07%	0.01%	0.01%
	CEG	C	0.38%	0.08%	0.08%
	CF	A	0.09%	0.02%	0.02%
	CFG	B	0.06%	0.03%	0.03%
	CHD	A	0.42%	0.02%	0.02%
	CHRW	B	0.09%	0.01%	0.01%
	CHTR	C	0.47%	0.04%	0.04%
	CI	D	0.19%	0.11%	0.11%
	CINF	A	0.14%	0.03%	0.03%
	CL	D	0.41%	0.09%	0.09%
	CLX	A	0.41%	0.02%	0.02%
	CMCSA	B	0.52%	0.19%	0.19%
	CME	B	0.04%	0.1%	0.04%
	CMI	A	0.08%	0.04%	0.04%
	CMS	C	0.08%	0.02%	0.02%
	CNC	D	0.26%	0.03%	0.03%
	CNP	A	0.26%	0.02%	0.02%
	COF	C	0.7%	0.08%	0.08%
	COP	C	0.07%	0.15%	0.07%
	COR	B	0.18%	0.05%	0.05%
	COST	A	0.71%	0.41%	0.41%
	CPAY	A	0.04%	0.04%	0.04%
	CPB	D	0.2%	0.01%	0.01%
	CPRT	B	0.23%	0.06%	0.06%
	CPT	B	0.11%	0.01%	0.01%
	CRL	D	0.14%	0.02%	0.02%
	CRM	B	0.35%	0.36%	0.35%
	CSCO	B	0.21%	0.26%	0.21%
	CSGP	D	0.04%	0.03%	0.03%
	CSX	C	0.08%	0.08%	0.08%
	CTAS	B	0.18%	0.1%	0.1%
	CTLT	C	0.25%	0.01%	0.01%
	CTRA	B	0.17%	0.02%	0.02%
	CTSH	B	0.13%	0.04%	0.04%
	CTVA	C	0.08%	0.04%	0.04%
	CVS	D	0.69%	0.08%	0.08%
	CVX	A	0.76%	0.31%	0.31%
	CZR	F	0.07%	0.01%	0.01%
	D	C	0.24%	0.05%	0.05%
	DAL	B	0.28%	0.04%	0.04%
	DAY	B	0.22%	0.02%	0.02%
	DD	C	0.05%	0.04%	0.04%
	DE	B	0.13%	0.14%	0.13%
	DFS	B	0.69%	0.04%	0.04%
	DG	F	0.17%	0.02%	0.02%
	DGX	A	0.16%	0.02%	0.02%
	DHI	F	0.24%	0.05%	0.05%
	DHR	F	0.1%	0.16%	0.1%
	DIS	B	0.21%	0.23%	0.21%
	DLR	B	0.26%	0.06%	0.06%
	DLTR	F	0.17%	0.01%	0.01%
	DOC	C	0.11%	0.01%	0.01%
	DOV	A	0.17%	0.02%	0.02%
	DOW	F	0.07%	0.03%	0.03%
	DRI	B	0.51%	0.02%	0.02%
	DTE	C	0.25%	0.03%	0.03%
	DUK	C	0.07%	0.1%	0.07%
	DVA	C	0.11%	0.02%	0.02%
	DVN	F	0.16%	0.03%	0.03%
	DXCM	C	0.1%	0.03%	0.03%
	EA	A	0.49%	0.04%	0.04%
	EBAY	D	0.22%	0.03%	0.03%
	ECL	D	0.05%	0.08%	0.05%
	ED	C	0.24%	0.03%	0.03%
	EFX	F	0.04%	0.03%	0.03%
	EIX	B	0.25%	0.04%	0.04%
	EL	F	0.5%	0.01%	0.01%
	ELV	F	0.24%	0.09%	0.09%
	EMN	C	0.05%	0.01%	0.01%
	EMR	B	0.03%	0.09%	0.03%
	ENPH	F	0.26%	0.01%	0.01%
	EOG	A	0.07%	0.09%	0.07%
	EPAM	B	0.13%	0.03%	0.03%
	EQIX	A	0.27%	0.1%	0.1%
	EQR	C	0.1%	0.03%	0.03%
	EQT	B	0.18%	0.02%	0.02%
	ES	C	0.07%	0.02%	0.02%
	ESS	B	0.1%	0.03%	0.03%
	ETN	A	0.26%	0.16%	0.16%
	ETR	B	0.25%	0.03%	0.03%
	EVRG	A	0.08%	0.01%	0.01%
	EW	C	0.06%	0.05%	0.05%
	EXC	C	0.3%	0.04%	0.04%
	EXPD	C	0.09%	0.01%	0.01%
	EXPE	B	0.12%	0.02%	0.02%
	EXR	C	0.11%	0.04%	0.04%
	F	C	0.25%	0.05%	0.05%
	FANG	C	0.07%	0.04%	0.04%
	FAST	B	0.13%	0.06%	0.06%
	FCX	F	0.3%	0.07%	0.07%
	FDX	B	0.07%	0.07%	0.07%
	FE	C	0.24%	0.02%	0.02%
	FFIV	B	0.21%	0.03%	0.03%
	FI	A	0.06%	0.14%	0.06%
	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%	0.0%	0.0%
	FOXA	A	0.1%	0.01%	0.01%
	FRT	B	0.06%	0.01%	0.01%
	FSLR	F	0.2%	0.02%	0.02%
	FTNT	C	0.17%	0.06%	0.06%
	FTV	C	0.03%	0.03%	0.03%
	GD	D	0.16%	0.06%	0.06%
	GE	D	0.17%	0.22%	0.17%
	GEHC	D	0.1%	0.04%	0.04%
	GEN	B	0.17%	0.02%	0.02%
	GEV	B	0.18%	0.08%	0.08%
	GILD	C	0.25%	0.12%	0.12%
	GIS	D	0.21%	0.04%	0.04%
	GL	C	0.2%	0.01%	0.01%
	GLW	B	0.19%	0.04%	0.04%
	GM	C	0.25%	0.09%	0.09%
	GNRC	C	0.08%	0.02%	0.02%
	GOOG	C	0.23%	0.97%	0.23%
	GOOGL	C	0.23%	1.13%	0.23%
	GPC	D	0.15%	0.01%	0.01%
	GPN	B	0.04%	0.04%	0.04%
	GRMN	B	0.33%	0.05%	0.05%
	GS	A	0.25%	0.2%	0.2%
	HAL	C	0.34%	0.03%	0.03%
	HAS	D	0.26%	0.01%	0.01%
	HBAN	A	0.06%	0.03%	0.03%
	HCA	F	0.33%	0.08%	0.08%
	HD	B	0.26%	0.46%	0.26%
	HES	B	0.07%	0.05%	0.05%
	HIG	B	0.14%	0.04%	0.04%
	HLT	A	0.12%	0.08%	0.08%
	HOLX	D	0.1%	0.02%	0.02%
	HON	C	0.17%	0.18%	0.17%
	HPE	B	0.19%	0.03%	0.03%
	HPQ	B	0.35%	0.04%	0.04%
	HRL	D	0.36%	0.01%	0.01%
	HSIC	C	0.2%	0.01%	0.01%
	HST	C	0.11%	0.01%	0.01%
	HSY	F	0.18%	0.02%	0.02%
	HUBB	B	0.26%	0.05%	0.05%
	HUM	C	0.26%	0.03%	0.03%
	HWM	A	0.08%	0.05%	0.05%
	IBM	C	0.34%	0.21%	0.21%
	ICE	C	0.04%	0.11%	0.04%
	IDXX	F	0.1%	0.05%	0.05%
	IEX	C	0.2%	0.03%	0.03%
	IFF	D	0.05%	0.03%	0.03%
	INCY	C	0.25%	0.02%	0.02%
	INTC	C	0.16%	0.12%	0.12%
	INTU	B	0.2%	0.23%	0.2%
	INVH	D	0.1%	0.02%	0.02%
	IP	A	0.06%	0.02%	0.02%
	IPG	D	0.34%	0.01%	0.01%
	IQV	F	0.14%	0.04%	0.04%
	IR	B	0.2%	0.05%	0.05%
	IRM	C	0.06%	0.04%	0.04%
	ISRG	A	0.12%	0.18%	0.12%
	IT	C	0.13%	0.06%	0.06%
	ITW	B	0.17%	0.09%	0.09%
	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%	0.01%	0.01%
	JCI	B	0.08%	0.07%	0.07%
	JKHY	D	0.05%	0.02%	0.02%
	JNJ	C	0.24%	0.42%	0.24%
	JNPR	D	0.2%	0.01%	0.01%
	JPM	A	0.13%	0.8%	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%	0.03%	0.03%
	KIM	A	0.06%	0.02%	0.02%
	KLAC	F	0.17%	0.07%	0.07%
	KMB	C	0.42%	0.05%	0.05%
	KMI	A	0.25%	0.06%	0.06%
	KMX	B	0.14%	0.02%	0.02%
	KO	D	0.25%	0.26%	0.25%
	KR	B	0.74%	0.05%	0.05%
	KVUE	A	0.42%	0.05%	0.05%
	L	A	0.49%	0.02%	0.02%
	LDOS	C	0.13%	0.02%	0.02%
	LEN	D	0.25%	0.04%	0.04%
	LH	B	0.16%	0.03%	0.03%
	LHX	C	0.08%	0.05%	0.05%
	LIN	C	0.04%	0.25%	0.04%
	LKQ	F	0.14%	0.01%	0.01%
	LLY	F	0.23%	0.59%	0.23%
	LMT	D	0.09%	0.12%	0.09%
	LNT	A	0.08%	0.02%	0.02%
	LOW	C	0.26%	0.18%	0.18%
	LULU	C	0.31%	0.03%	0.03%
	LUV	C	0.25%	0.02%	0.02%
	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%	0.01%	0.01%
	MA	B	0.04%	0.47%	0.04%
	MAA	B	0.1%	0.02%	0.02%
	MAR	A	0.12%	0.06%	0.06%
	MAS	D	0.19%	0.02%	0.02%
	MCD	D	0.5%	0.23%	0.23%
	MCHP	F	0.14%	0.04%	0.04%
	MCK	A	0.18%	0.07%	0.07%
	MCO	B	0.04%	0.11%	0.04%
	MDLZ	F	0.18%	0.09%	0.09%
	MDT	D	0.06%	0.13%	0.06%
	MET	A	0.21%	0.06%	0.06%
	META	D	0.47%	1.35%	0.47%
	MGM	D	0.07%	0.01%	0.01%
	MHK	D	0.19%	0.02%	0.02%
	MKC	C	0.21%	0.02%	0.02%
	MLM	C	0.17%	0.07%	0.07%
	MMC	B	0.04%	0.13%	0.04%
	MMM	D	0.17%	0.07%	0.07%
	MNST	C	0.25%	0.04%	0.04%
	MO	A	0.35%	0.11%	0.11%
	MOH	F	0.25%	0.03%	0.03%
	MOS	F	0.08%	0.01%	0.01%
	MPC	D	0.49%	0.07%	0.07%
	MRK	D	0.24%	0.27%	0.24%
	MRNA	F	0.24%	0.01%	0.01%
	MRO	B	0.07%	0.02%	0.02%
	MS	A	0.26%	0.18%	0.18%
	MSCI	C	0.04%	0.07%	0.04%
	MSFT	D	0.32%	3.4%	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%
	MU	D	0.15%	0.12%	0.12%
	NCLH	B	0.09%	0.01%	0.01%
	NDAQ	A	0.04%	0.03%	0.03%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	C	0.24%	0.17%	0.17%
	NEM	D	0.25%	0.05%	0.05%
	NFLX	A	0.22%	0.38%	0.22%
	NI	A	0.33%	0.02%	0.02%
	NKE	F	0.33%	0.1%	0.1%
	NOC	D	0.09%	0.05%	0.05%
	NOW	A	0.22%	0.23%	0.22%
	NRG	B	0.33%	0.02%	0.02%
	NSC	B	0.08%	0.06%	0.06%
	NTAP	C	0.17%	0.03%	0.03%
	NTRS	A	0.08%	0.02%	0.02%
	NUE	C	0.26%	0.03%	0.03%
	NVDA	B	0.13%	3.81%	0.13%
	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%	0.04%	0.04%
	ODFL	C	0.08%	0.05%	0.05%
	OKE	A	0.24%	0.08%	0.08%
	OMC	C	0.34%	0.02%	0.02%
	ON	D	0.23%	0.03%	0.03%
	ORCL	A	0.34%	0.33%	0.33%
	ORLY	B	0.14%	0.14%	0.14%
	OTIS	C	0.08%	0.05%	0.05%
	OXY	D	0.07%	0.04%	0.04%
	PANW	B	0.16%	0.13%	0.13%
	PARA	C	0.2%	0.01%	0.01%
	PAYX	B	0.21%	0.05%	0.05%
	PCAR	B	0.13%	0.06%	0.06%
	PCG	A	0.08%	0.05%	0.05%
	PEG	A	0.26%	0.05%	0.05%
	PEP	F	0.18%	0.25%	0.18%
	PFE	F	0.24%	0.16%	0.16%
	PFG	D	0.21%	0.02%	0.02%
	PG	C	0.42%	0.44%	0.42%
	PGR	A	0.19%	0.17%	0.17%
	PH	A	0.08%	0.08%	0.08%
	PHM	D	0.25%	0.03%	0.03%
	PKG	A	0.06%	0.03%	0.03%
	PLD	F	0.06%	0.12%	0.06%
	PM	B	0.35%	0.22%	0.22%
	PNC	B	0.06%	0.09%	0.06%
	PNR	A	0.19%	0.02%	0.02%
	PNW	A	0.07%	0.01%	0.01%
	PODD	C	0.1%	0.03%	0.03%
	PPG	F	0.07%	0.03%	0.03%
	PPL	A	0.08%	0.03%	0.03%
	PRU	A	0.2%	0.06%	0.06%
	PSA	C	0.11%	0.08%	0.08%
	PSX	C	0.51%	0.06%	0.06%
	PTC	B	0.17%	0.02%	0.02%
	PWR	A	0.4%	0.04%	0.04%
	PYPL	B	0.06%	0.1%	0.06%
	QCOM	F	0.22%	0.2%	0.2%
	QRVO	F	0.21%	0.01%	0.01%
	RCL	A	0.09%	0.05%	0.05%
	REG	A	0.06%	0.02%	0.02%
	REGN	F	0.22%	0.09%	0.09%
	RF	A	0.06%	0.03%	0.03%
	RJF	A	0.25%	0.04%	0.04%
	RMD	C	0.09%	0.03%	0.03%
	ROK	C	0.03%	0.03%	0.03%
	ROL	B	0.18%	0.02%	0.02%
	ROP	B	0.03%	0.06%	0.03%
	ROST	D	0.72%	0.05%	0.05%
	RSG	A	0.18%	0.05%	0.05%
	RTX	D	0.08%	0.19%	0.08%
	RVTY	F	0.1%	0.01%	0.01%
	SBAC	D	0.06%	0.02%	0.02%
	SBUX	A	0.48%	0.12%	0.12%
	SCHW	B	0.25%	0.14%	0.14%
	SHW	B	0.06%	0.08%	0.06%
	SJM	D	0.21%	0.01%	0.01%
	SLB	C	0.35%	0.07%	0.07%
	SNA	A	0.25%	0.04%	0.04%
	SNPS	B	0.34%	0.12%	0.12%
	SO	C	0.08%	0.11%	0.08%
	SOLV	D	0.05%	0.01%	0.01%
	SPG	A	0.07%	0.06%	0.06%
	SPGI	C	0.04%	0.17%	0.04%
	SRE	A	0.08%	0.06%	0.06%
	STE	D	0.12%	0.02%	0.02%
	STLD	B	0.27%	0.03%	0.03%
	STT	B	0.12%	0.03%	0.03%
	STX	C	0.17%	0.02%	0.02%
	STZ	D	0.25%	0.05%	0.05%
	SW	A	0.07%	0.02%	0.02%
	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%	0.13%	0.12%
	SYY	D	0.75%	0.04%	0.04%
	T	A	0.33%	0.18%	0.18%
	TAP	C	0.25%	0.01%	0.01%
	TDG	D	0.08%	0.14%	0.08%
	TECH	F	0.15%	0.02%	0.02%
	TER	F	0.17%	0.02%	0.02%
	TFC	A	0.06%	0.07%	0.06%
	TGT	F	0.17%	0.09%	0.09%
	TJX	A	0.72%	0.15%	0.15%
	TMO	F	0.14%	0.23%	0.14%
	TMUS	B	0.33%	0.13%	0.13%
	TPR	B	0.33%	0.01%	0.01%
	TRGP	A	0.24%	0.04%	0.04%
	TRMB	B	0.03%	0.02%	0.02%
	TROW	B	0.09%	0.03%	0.03%
	TRV	B	0.14%	0.06%	0.06%
	TSCO	D	0.12%	0.03%	0.03%
	TSLA	B	0.28%	0.92%	0.28%
	TSN	B	0.36%	0.02%	0.02%
	TT	A	0.07%	0.09%	0.07%
	TTWO	A	0.49%	0.04%	0.04%
	TXN	C	0.23%	0.21%	0.21%
	TXT	D	0.16%	0.02%	0.02%
	UAL	A	0.28%	0.03%	0.03%
	UBER	F	0.11%	0.16%	0.11%
	UDR	B	0.1%	0.02%	0.02%
	UHS	D	0.32%	0.02%	0.02%
	UNH	B	0.26%	0.6%	0.26%
	UNP	C	0.08%	0.16%	0.08%
	UPS	C	0.09%	0.11%	0.09%
	URI	C	0.14%	0.09%	0.09%
	USB	A	0.06%	0.09%	0.06%
	V	A	0.04%	0.56%	0.04%
	VICI	C	0.06%	0.04%	0.04%
	VLO	C	0.5%	0.05%	0.05%
	VLTO	C	0.03%	0.02%	0.02%
	VMC	B	0.17%	0.03%	0.03%
	VRSK	A	0.04%	0.03%	0.03%
	VRSN	C	0.27%	0.02%	0.02%
	VRTX	D	0.23%	0.16%	0.16%
	VTR	B	0.11%	0.03%	0.03%
	VTRS	A	0.24%	0.02%	0.02%
	VZ	C	0.33%	0.2%	0.2%
	WAB	B	0.13%	0.04%	0.04%
	WAT	C	0.15%	0.04%	0.04%
	WBA	F	0.64%	0.01%	0.01%
	WBD	B	0.19%	0.02%	0.02%
	WDC	D	0.17%	0.02%	0.02%
	WEC	A	0.07%	0.03%	0.03%
	WELL	A	0.11%	0.08%	0.08%
	WFC	A	0.13%	0.3%	0.13%
	WM	B	0.18%	0.1%	0.1%
	WMB	A	0.25%	0.08%	0.08%
	WMT	A	0.73%	0.4%	0.4%
	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%	0.02%	0.02%
	WYNN	C	0.08%	0.01%	0.01%
	XEL	A	0.08%	0.04%	0.04%
	XOM	B	0.77%	0.6%	0.6%
	XYL	D	0.19%	0.03%	0.03%
	YUM	D	0.51%	0.05%	0.05%
	ZBH	C	0.12%	0.03%	0.03%
	ZBRA	B	0.13%	0.04%	0.04%
	ZTS	D	0.25%	0.1%	0.1%

SSPY Overweight 30 Positions Relative to ZZZ

	Symbol	Grade	Weight
	DPZ	C	0.52%
	CMG	B	0.5%
	VST	A	0.41%
	RL	C	0.32%
	DECK	A	0.3%
	GDDY	A	0.27%
	NVR	D	0.26%
	PLTR	B	0.23%
	PAYC	B	0.22%
	TYL	B	0.22%
	MPWR	F	0.22%
	ERIE	D	0.2%
	TEL	B	0.19%
	CRWD	B	0.18%
	DELL	B	0.17%
	ULTA	F	0.17%
	SMCI	F	0.15%
	MTD	F	0.15%
	AZO	C	0.14%
	EG	C	0.14%
	POOL	C	0.13%
	GWW	B	0.12%
	BKNG	A	0.11%
	KKR	A	0.09%
	HII	F	0.08%
	FICO	B	0.05%
	TFX	F	0.05%
	FDS	B	0.04%
	MKTX	D	0.04%
	TDY	B	0.03%

SSPY Underweight 10 Positions Relative to ZZZ

	Symbol	Grade	Weight
	LRCX	F	-0.08%
	ILMN	C	-0.03%
	ETSY	D	-0.01%
	VFC	C	-0.01%
	ZION	B	-0.01%
	CMA	B	-0.01%
	RHI	C	-0.01%
	AAL	B	-0.01%
	WHR	B	-0.01%
	XRAY	F	-0.0%

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

ZZZ: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Business Services Diagnostics & Research Semiconductors Banks - Regional - US Oil & Gas E&P Asset Management Drug Manufacturers - Major Packaged Foods Aerospace & Defense Medical Devices Medical Instruments & Supplies Capital Markets Credit Services Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Dow Jones Component Computing Insurance Electronics Bank Medicine Real Estate Investment Trust Telecommunications Aerospace Banking Chemical Semiconductor Petroleum Industry Transport Disability Insurance Products