SYII vs. HELO ETF Comparison

Comparison of Syntax Stratified Total Market II ETF (SYII) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

SYII

Syntax Stratified Total Market II ETF

SYII Description

The fund seeks Stratified WeightTM exposure to a broad range of stocks representative of approximately 90% of the total U.S. market capitalization through active investments in ETFs, or underlying securities.

Grade (RS Rating)

Last Trade

$49.84

Average Daily Volume

74

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.67

Average Daily Volume

250,135

Number of Holdings ^*

163

* may have additional holdings in another (foreign) market

Performance

Period	SYII	HELO
30 Days	3.56%	2.72%
60 Days	5.80%	7.13%
90 Days	7.72%	8.29%
12 Months	21.90%	23.66%

152 Overlapping Holdings

	Symbol	Grade	Weight in SYII	Weight in HELO	Overlap
	AAPL	B	0.51%	6.98%	0.51%
	ABBV	B	0.25%	1.37%	0.25%
	ABT	C	0.06%	0.19%	0.06%
	ACN	B	0.13%	0.51%	0.13%
	ADBE	F	0.16%	0.17%	0.16%
	ADI	B	0.23%	0.79%	0.23%
	AMD	F	0.14%	0.49%	0.14%
	AME	B	0.13%	0.06%	0.06%
	AMP	B	0.09%	0.19%	0.09%
	AMZN	A	0.23%	4.15%	0.23%
	ANET	A	0.21%	0.11%	0.11%
	AON	B	0.04%	0.44%	0.04%
	APTV	F	0.39%	0.12%	0.12%
	AVGO	B	0.23%	1.07%	0.23%
	AXP	B	0.05%	0.13%	0.05%
	AZO	C	0.14%	0.64%	0.14%
	BAC	B	0.13%	1.18%	0.13%
	BAX	F	0.05%	0.06%	0.05%
	BBY	D	0.17%	0.2%	0.17%
	BIIB	F	0.25%	0.13%	0.13%
	BKNG	B	0.1%	0.68%	0.1%
	BKR	A	0.36%	0.21%	0.21%
	BMY	B	0.26%	0.62%	0.26%
	BRK.A	C	0.51%	1.46%	0.51%
	BSX	B	0.06%	0.5%	0.06%
	C	B	0.13%	0.29%	0.13%
	CARR	D	0.08%	0.46%	0.08%
	CDNS	B	0.34%	0.16%	0.16%
	CHD	C	0.43%	0.25%	0.25%
	CHTR	B	0.48%	0.21%	0.21%
	CMCSA	B	0.52%	0.7%	0.52%
	CME	C	0.05%	0.6%	0.05%
	CMG	C	0.52%	0.48%	0.48%
	CMS	D	0.08%	0.23%	0.08%
	COP	D	0.08%	0.75%	0.08%
	COST	B	0.74%	0.61%	0.61%
	CPAY	B	0.05%	0.43%	0.05%
	CRM	B	0.36%	1.06%	0.36%
	CSX	C	0.09%	0.39%	0.09%
	CTSH	B	0.13%	0.46%	0.13%
	CVX	B	0.79%	0.16%	0.16%
	D	C	0.25%	0.06%	0.06%
	DAL	B	0.26%	0.22%	0.22%
	DE	B	0.13%	0.71%	0.13%
	DHR	F	0.1%	0.49%	0.1%
	DIS	C	0.21%	0.18%	0.18%
	DLR	C	0.27%	0.41%	0.27%
	DOW	F	0.07%	0.39%	0.07%
	EL	F	0.47%	0.07%	0.07%
	ELV	F	0.26%	0.33%	0.26%
	EOG	C	0.08%	0.43%	0.08%
	EQIX	B	0.28%	0.07%	0.07%
	EQT	B	0.18%	0.05%	0.05%
	ETN	B	0.27%	0.36%	0.27%
	ETR	B	0.26%	0.06%	0.06%
	EXPE	A	0.12%	0.26%	0.12%
	FANG	F	0.08%	0.3%	0.08%
	FDX	B	0.08%	0.31%	0.08%
	FICO	A	0.04%	0.11%	0.04%
	FIS	C	0.06%	0.54%	0.06%
	FITB	B	0.06%	0.45%	0.06%
	GOOG	B	0.23%	1.6%	0.23%
	GOOGL	B	0.23%	2.1%	0.23%
	GS	B	0.26%	0.66%	0.26%
	HCA	D	0.34%	0.12%	0.12%
	HLT	B	0.12%	0.35%	0.12%
	HON	B	0.17%	0.93%	0.17%
	HPE	B	0.18%	0.19%	0.18%
	HUM	F	0.26%	0.16%	0.16%
	HWM	B	0.08%	0.56%	0.08%
	INTU	A	0.21%	0.49%	0.21%
	IR	A	0.2%	0.17%	0.17%
	JNJ	D	0.25%	0.55%	0.25%
	KKR	B	0.09%	0.19%	0.09%
	KO	F	0.25%	0.73%	0.25%
	KVUE	B	0.42%	0.23%	0.23%
	LDOS	B	0.14%	0.43%	0.14%
	LEN	D	0.25%	0.14%	0.14%
	LIN	D	0.05%	0.87%	0.05%
	LKQ	F	0.15%	0.02%	0.02%
	LLY	F	0.25%	1.2%	0.25%
	LOW	B	0.26%	1.01%	0.26%
	LULU	C	0.3%	0.14%	0.14%
	LYB	F	0.07%	0.24%	0.07%
	MA	B	0.05%	1.72%	0.05%
	MAS	D	0.19%	0.24%	0.19%
	MCD	D	0.51%	0.48%	0.48%
	MCK	B	0.18%	0.13%	0.13%
	MDLZ	F	0.18%	0.77%	0.18%
	MDT	C	0.06%	0.49%	0.06%
	MET	B	0.21%	0.3%	0.21%
	META	B	0.48%	2.94%	0.48%
	MLM	B	0.17%	0.17%	0.17%
	MMC	D	0.04%	0.15%	0.04%
	MNST	B	0.26%	0.31%	0.26%
	MO	B	0.36%	0.14%	0.14%
	MRK	F	0.25%	0.31%	0.25%
	MSFT	C	0.33%	7.32%	0.33%
	MSI	B	0.51%	0.16%	0.16%
	MU	C	0.14%	0.6%	0.14%
	NEE	D	0.25%	0.77%	0.25%
	NOC	D	0.09%	0.17%	0.09%
	NOW	A	0.23%	0.92%	0.23%
	NRG	A	0.33%	0.04%	0.04%
	NUE	C	0.26%	0.1%	0.1%
	NVDA	A	0.14%	7.53%	0.14%
	NXPI	D	0.23%	0.79%	0.23%
	ORLY	B	0.16%	0.12%	0.12%
	OTIS	B	0.08%	0.5%	0.08%
	PCAR	B	0.13%	0.17%	0.13%
	PCG	B	0.08%	0.35%	0.08%
	PEP	F	0.18%	0.78%	0.18%
	PFG	C	0.21%	0.13%	0.13%
	PG	F	0.43%	0.22%	0.22%
	PGR	B	0.2%	0.72%	0.2%
	PLD	F	0.07%	0.51%	0.07%
	PM	C	0.36%	0.33%	0.33%
	PPG	F	0.07%	0.21%	0.07%
	RCL	B	0.09%	0.4%	0.09%
	REGN	F	0.23%	0.52%	0.23%
	ROST	F	0.74%	0.44%	0.44%
	SBAC	D	0.07%	0.33%	0.07%
	SCHW	B	0.26%	0.38%	0.26%
	SO	D	0.08%	0.88%	0.08%
	STX	C	0.17%	0.44%	0.17%
	SYK	B	0.12%	0.73%	0.12%
	T	C	0.33%	0.14%	0.14%
	TDG	C	0.08%	0.5%	0.08%
	TFC	B	0.06%	0.53%	0.06%
	TGT	F	0.17%	0.14%	0.14%
	TMO	F	0.14%	0.89%	0.14%
	TMUS	B	0.33%	0.23%	0.23%
	TRV	B	0.14%	0.37%	0.14%
	TSLA	A	0.28%	1.3%	0.28%
	TT	B	0.08%	0.89%	0.08%
	TXN	A	0.23%	0.89%	0.23%
	TXT	D	0.17%	0.28%	0.17%
	UBER	D	0.12%	0.66%	0.12%
	UNH	B	0.26%	1.55%	0.26%
	UNP	D	0.08%	0.17%	0.08%
	UPS	C	0.09%	0.55%	0.09%
	URI	B	0.14%	0.12%	0.12%
	USB	B	0.06%	0.37%	0.06%
	V	A	0.04%	1.42%	0.04%
	VRTX	B	0.24%	0.59%	0.24%
	VST	B	0.39%	0.09%	0.09%
	VTR	C	0.11%	0.42%	0.11%
	WDC	C	0.17%	0.2%	0.17%
	WELL	B	0.11%	0.28%	0.11%
	WFC	B	0.13%	0.94%	0.13%
	XOM	B	0.79%	1.4%	0.79%
	YUM	C	0.5%	0.5%	0.5%

SYII Overweight 348 Positions Relative to HELO

	Symbol	Grade	Weight
	SYY	C	0.75%
	WMT	B	0.75%
	KR	B	0.75%
	TJX	C	0.74%
	COF	B	0.71%
	DFS	B	0.69%
	SYF	B	0.68%
	CVS	F	0.67%
	WBA	D	0.62%
	DRI	B	0.54%
	DPZ	C	0.53%
	PSX	F	0.51%
	VLO	D	0.5%
	TTWO	A	0.5%
	MPC	F	0.5%
	L	B	0.5%
	EA	A	0.49%
	SBUX	C	0.48%
	MTCH	F	0.47%
	CLX	C	0.43%
	PWR	A	0.42%
	KMB	F	0.42%
	CL	F	0.42%
	BWA	C	0.41%
	CEG	C	0.39%
	J	C	0.39%
	ADM	F	0.38%
	HRL	F	0.37%
	TSN	D	0.37%
	BG	F	0.37%
	JBL	B	0.36%
	HAL	D	0.36%
	HPQ	B	0.36%
	SLB	D	0.36%
	SNPS	B	0.35%
	UHS	D	0.35%
	VZ	D	0.34%
	NI	B	0.34%
	IPG	F	0.34%
	OMC	B	0.34%
	GRMN	A	0.34%
	ORCL	A	0.34%
	IBM	D	0.34%
	AWK	D	0.33%
	ATO	B	0.33%
	NKE	F	0.33%
	TPR	B	0.32%
	RL	B	0.32%
	AES	F	0.31%
	DECK	B	0.3%
	EXC	D	0.3%
	FCX	B	0.29%
	AKAM	C	0.28%
	STLD	B	0.28%
	GDDY	A	0.28%
	SWK	F	0.27%
	ENPH	F	0.27%
	UAL	B	0.27%
	VRSN	C	0.27%
	WMB	A	0.26%
	CNP	B	0.26%
	PHM	D	0.26%
	MOH	D	0.26%
	LUV	B	0.26%
	GM	A	0.26%
	NEM	D	0.26%
	OKE	A	0.26%
	PEG	C	0.26%
	MS	B	0.26%
	HAS	D	0.26%
	KMI	A	0.26%
	HD	B	0.26%
	CNC	F	0.26%
	TRGP	A	0.26%
	RJF	B	0.26%
	HUBB	B	0.26%
	FE	D	0.25%
	VTRS	B	0.25%
	DHI	D	0.25%
	ED	D	0.25%
	AMGN	D	0.25%
	DTE	D	0.25%
	TAP	C	0.25%
	STZ	F	0.25%
	INCY	A	0.25%
	KDP	F	0.25%
	EIX	D	0.25%
	PFE	F	0.25%
	CTLT	D	0.25%
	SNA	A	0.25%
	GILD	A	0.25%
	F	D	0.25%
	ZTS	F	0.25%
	AEP	D	0.24%
	DAY	A	0.23%
	PAYC	B	0.23%
	EBAY	D	0.23%
	PLTR	A	0.23%
	CPRT	B	0.23%
	NFLX	A	0.23%
	MRNA	F	0.23%
	CAG	F	0.22%
	LW	C	0.22%
	ON	C	0.22%
	PAYX	A	0.22%
	MPWR	F	0.22%
	QCOM	C	0.22%
	NVR	D	0.22%
	TYL	B	0.22%
	ADP	A	0.22%
	PRU	B	0.21%
	KEYS	A	0.21%
	ERIE	D	0.21%
	GL	C	0.21%
	CPB	F	0.21%
	SJM	F	0.21%
	KHC	F	0.21%
	CSCO	A	0.21%
	QRVO	F	0.21%
	FFIV	B	0.21%
	SWKS	F	0.21%
	GIS	F	0.21%
	MKC	D	0.21%
	APH	A	0.2%
	CI	F	0.2%
	WBD	C	0.2%
	BLDR	D	0.2%
	PNR	B	0.2%
	IEX	B	0.2%
	PARA	C	0.2%
	GLW	B	0.2%
	FSLR	F	0.2%
	AIG	B	0.2%
	AOS	F	0.2%
	AFL	D	0.2%
	HSIC	F	0.2%
	JNPR	B	0.2%
	ALL	C	0.2%
	AIZ	B	0.2%
	RSG	B	0.19%
	CRWD	C	0.19%
	WM	B	0.19%
	COR	B	0.19%
	K	B	0.19%
	ROL	D	0.19%
	MHK	D	0.19%
	GEV	A	0.19%
	XYL	F	0.19%
	TEL	B	0.19%
	CAH	A	0.19%
	VMC	B	0.18%
	ULTA	C	0.18%
	GE	D	0.18%
	HSY	F	0.18%
	CTAS	A	0.18%
	BBWI	C	0.18%
	GD	C	0.17%
	BA	F	0.17%
	LH	A	0.17%
	DGX	B	0.17%
	TER	F	0.17%
	PANW	A	0.17%
	DG	F	0.17%
	ANSS	B	0.17%
	KLAC	F	0.17%
	ITW	B	0.17%
	DLTR	F	0.17%
	ADSK	A	0.17%
	SMCI	F	0.17%
	GEN	B	0.17%
	DELL	C	0.17%
	PTC	B	0.17%
	FTNT	A	0.17%
	MMM	C	0.17%
	DOV	A	0.17%
	DVN	F	0.17%
	WY	D	0.17%
	CTRA	D	0.17%
	NTAP	C	0.17%
	AMAT	D	0.17%
	INTC	C	0.16%
	ACGL	D	0.15%
	KMX	C	0.15%
	A	C	0.15%
	TECH	C	0.15%
	MTD	C	0.15%
	WAT	B	0.15%
	GPC	F	0.15%
	IT	A	0.14%
	CAT	B	0.14%
	WRB	B	0.14%
	EG	F	0.14%
	CINF	B	0.14%
	CRL	D	0.14%
	IQV	F	0.14%
	CB	D	0.14%
	HIG	D	0.14%
	CDW	F	0.13%
	ZBH	C	0.13%
	BALL	F	0.13%
	AMCR	D	0.13%
	FAST	A	0.13%
	POOL	B	0.13%
	JPM	B	0.13%
	EPAM	C	0.13%
	GWW	A	0.13%
	MCHP	F	0.13%
	WAB	B	0.13%
	ZBRA	B	0.13%
	BK	B	0.12%
	STT	B	0.12%
	HST	C	0.12%
	MAR	A	0.12%
	STE	F	0.12%
	TSCO	C	0.12%
	ISRG	A	0.12%
	ABNB	C	0.12%
	FOX	B	0.11%
	GEHC	D	0.11%
	FOXA	B	0.11%
	INVH	F	0.11%
	ESS	C	0.11%
	EQR	D	0.11%
	UDR	D	0.11%
	AVB	C	0.11%
	MAA	D	0.11%
	DVA	D	0.11%
	BR	B	0.11%
	ARE	F	0.11%
	DOC	B	0.11%
	CPT	D	0.11%
	PSA	D	0.11%
	EXR	D	0.11%
	BXP	C	0.11%
	DXCM	F	0.1%
	IDXX	F	0.1%
	RMD	B	0.1%
	HOLX	D	0.1%
	PODD	B	0.1%
	NWSA	A	0.1%
	RVTY	C	0.1%
	NWS	A	0.1%
	ALGN	F	0.1%
	FMC	D	0.09%
	CTVA	C	0.09%
	AXON	A	0.09%
	NTRS	B	0.09%
	JBHT	C	0.09%
	LMT	D	0.09%
	BLK	B	0.09%
	ODFL	B	0.09%
	TROW	B	0.09%
	BX	A	0.09%
	BEN	C	0.09%
	EXPD	F	0.09%
	CF	C	0.09%
	CHRW	B	0.09%
	NCLH	B	0.09%
	LYV	B	0.09%
	CCL	B	0.09%
	IVZ	B	0.09%
	HES	C	0.08%
	ES	D	0.08%
	MRO	C	0.08%
	APA	F	0.08%
	PNW	C	0.08%
	DUK	D	0.08%
	ALLE	D	0.08%
	WEC	C	0.08%
	SRE	A	0.08%
	PPL	C	0.08%
	LNT	D	0.08%
	EVRG	B	0.08%
	XEL	B	0.08%
	AEE	C	0.08%
	JCI	A	0.08%
	PH	B	0.08%
	GNRC	A	0.08%
	MOS	C	0.08%
	CMI	B	0.08%
	NSC	B	0.08%
	HII	F	0.08%
	LHX	B	0.08%
	RTX	D	0.08%
	FRT	C	0.07%
	AMT	F	0.07%
	KIM	B	0.07%
	SHW	C	0.07%
	SW	B	0.07%
	CCI	D	0.07%
	O	D	0.07%
	IRM	C	0.07%
	MGM	D	0.07%
	SPG	B	0.07%
	CZR	D	0.07%
	WYNN	D	0.07%
	CE	F	0.07%
	OXY	F	0.07%
	LVS	C	0.07%
	HBAN	A	0.06%
	CFG	B	0.06%
	FI	B	0.06%
	PNC	A	0.06%
	KEY	B	0.06%
	RF	B	0.06%
	MTB	B	0.06%
	EW	F	0.06%
	IP	B	0.06%
	PYPL	B	0.06%
	AVY	F	0.06%
	REG	B	0.06%
	PKG	B	0.06%
	VICI	D	0.06%
	NDAQ	B	0.05%
	MKTX	C	0.05%
	ECL	D	0.05%
	IFF	F	0.05%
	ALB	C	0.05%
	WST	C	0.05%
	SOLV	C	0.05%
	EMN	D	0.05%
	TFX	F	0.05%
	APD	B	0.05%
	DD	C	0.05%
	BDX	F	0.05%
	JKHY	C	0.05%
	AJG	C	0.04%
	WTW	A	0.04%
	BRO	B	0.04%
	CBRE	B	0.04%
	MSCI	C	0.04%
	VRSK	B	0.04%
	CSGP	D	0.04%
	EFX	D	0.04%
	SPGI	D	0.04%
	GPN	C	0.04%
	FDS	B	0.04%
	CBOE	C	0.04%
	ICE	D	0.04%
	MCO	D	0.04%
	TDY	B	0.03%
	ROK	B	0.03%
	ROP	B	0.03%
	VLTO	D	0.03%
	TRMB	B	0.03%
	NDSN	C	0.03%
	FTV	F	0.03%
	EMR	A	0.03%

SYII Underweight 11 Positions Relative to HELO

	Symbol	Grade	Weight
	LRCX	D	-0.38%
	BURL	C	-0.23%
	ELS	D	-0.19%
	WMG	B	-0.11%
	SQ	C	-0.1%
	NBIX	C	-0.08%
	SIRI	D	-0.07%
	DASH	A	-0.07%
	MRVL	A	-0.06%
	SRPT	D	-0.04%
	BMRN	F	-0.03%

SYII: 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

HELO: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Drug Manufacturers - Major Biotechnology Household & Personal Products Medical Devices Oil & Gas E&P Specialty Industrial Machinery Specialty Retail Utilities - Regulated Electric Aerospace & Defense Banks - Global Banks - Regional - US Beverages - Soft Drinks Credit Services Discount Stores Diversified Industrials Health Care Plans Information Technology Services Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Natural Gas Telecommunications Electricity Medicine Bank Banking Transport Chemical Crude Oil Electronics Insurance Mobile Devices Retailing Semiconductor Smartphones Work From Home