VO vs. SHUS ETF Comparison

Comparison of Vanguard Mid-Cap ETF - DNQ (VO) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

VO

Vanguard Mid-Cap ETF - DNQ

VO Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Index, a broadly diversified index of stocks of mid-size U.S. companies. 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

$281.84

Average Daily Volume

578,616

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

SHUS

Syntax Stratified U.S. Total Market Hedged ETF

SHUS Description

The investment seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500® Index over a full market cycle by investing in ETFs or underlying securities that provide Stratified WeightTM U.S. total equity market exposure to companies in the 1500 while seeking risk-managed growth via a defined risk hedging process. The fund will also invest in index options for risk management purposes and to seek to generate additional returns. Syntax?s Stratified Weight? is designed to correct for business risk concentrations that regularly occur in cap-weighted indices and equal-weighted indices.

Grade (RS Rating)

Last Trade

$44.29

Average Daily Volume

2,444

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	VO	SHUS
30 Days	5.97%	2.26%
60 Days	7.54%	3.81%
90 Days	10.26%	5.24%
12 Months	32.89%	15.89%

256 Overlapping Holdings

Symbol	Grade	Weight in VO	Weight in SHUS	Overlap
A	D	0.46%	0.15%	0.15%
ACGL	D	0.43%	0.14%	0.14%
ADM	D	0.32%	0.36%	0.32%
AEE	A	0.28%	0.08%	0.08%
AIG	B	0.3%	0.19%	0.19%
AJG	B	0.75%	0.03%	0.03%
AKAM	D	0.19%	0.26%	0.19%
ALB	C	0.07%	0.05%	0.05%
ALGN	D	0.18%	0.1%	0.1%
ALL	A	0.6%	0.19%	0.19%
AME	A	0.51%	0.12%	0.12%
AMP	A	0.61%	0.09%	0.09%
ANSS	B	0.34%	0.17%	0.17%
APH	A	0.98%	0.18%	0.18%
APTV	D	0.18%	0.39%	0.18%
ARE	D	0.24%	0.1%	0.1%
AVB	B	0.38%	0.1%	0.1%
AVY	D	0.2%	0.06%	0.06%
AWK	D	0.33%	0.32%	0.32%
AZO	C	0.31%	0.15%	0.15%
BALL	D	0.22%	0.12%	0.12%
BAX	D	0.22%	0.05%	0.05%
BBY	D	0.21%	0.17%	0.17%
BEN	C	0.04%	0.08%	0.04%
BIIB	F	0.31%	0.24%	0.24%
BKR	B	0.46%	0.35%	0.35%
BR	A	0.3%	0.11%	0.11%
BRO	B	0.29%	0.03%	0.03%
CAG	D	0.17%	0.21%	0.17%
CAH	B	0.32%	0.19%	0.19%
CARR	D	0.76%	0.08%	0.08%
CBOE	B	0.27%	0.04%	0.04%
CBRE	B	0.49%	0.04%	0.04%
CCL	B	0.25%	0.09%	0.09%
CDW	F	0.3%	0.12%	0.12%
CE	F	0.17%	0.07%	0.07%
CEG	D	1.01%	0.38%	0.38%
CF	B	0.18%	0.09%	0.09%
CFG	B	0.22%	0.05%	0.05%
CHD	B	0.3%	0.41%	0.3%
CINF	A	0.27%	0.14%	0.14%
CLX	B	0.24%	0.41%	0.24%
CMI	A	0.55%	0.08%	0.08%
CMS	C	0.25%	0.07%	0.07%
CNC	D	0.4%	0.25%	0.25%
CNP	B	0.23%	0.25%	0.23%
COR	B	0.49%	0.18%	0.18%
CPAY	A	0.26%	0.04%	0.04%
CPB	D	0.11%	0.2%	0.11%
CPRT	A	0.54%	0.22%	0.22%
CSGP	D	0.36%	0.04%	0.04%
CTAS	B	0.86%	0.17%	0.17%
CTRA	B	0.2%	0.17%	0.17%
CTSH	B	0.45%	0.13%	0.13%
CTVA	C	0.51%	0.08%	0.08%
D	C	0.3%	0.24%	0.24%
DAL	C	0.45%	0.27%	0.27%
DD	D	0.38%	0.05%	0.05%
DFS	B	0.45%	0.68%	0.45%
DG	F	0.21%	0.17%	0.17%
DGX	A	0.21%	0.16%	0.16%
DHI	D	0.6%	0.23%	0.23%
DLR	B	0.71%	0.26%	0.26%
DLTR	F	0.16%	0.17%	0.16%
DOC	D	0.1%	0.11%	0.1%
DOV	A	0.32%	0.17%	0.17%
DOW	F	0.42%	0.07%	0.07%
DPZ	C	0.18%	0.52%	0.18%
DRI	B	0.23%	0.5%	0.23%
DTE	C	0.27%	0.24%	0.24%
DVN	F	0.29%	0.16%	0.16%
DXCM	D	0.34%	0.09%	0.09%
EA	A	0.48%	0.48%	0.48%
EBAY	D	0.34%	0.22%	0.22%
ED	D	0.43%	0.24%	0.24%
EFX	F	0.4%	0.04%	0.04%
EG	C	0.19%	0.14%	0.14%
EIX	B	0.38%	0.24%	0.24%
EL	F	0.09%	0.49%	0.09%
ENPH	F	0.13%	0.25%	0.13%
EQR	B	0.31%	0.1%	0.1%
EQT	B	0.13%	0.18%	0.13%
ES	D	0.29%	0.07%	0.07%
ESS	B	0.22%	0.1%	0.1%
ETR	B	0.4%	0.25%	0.25%
EVRG	A	0.08%	0.08%	0.08%
EW	C	0.24%	0.06%	0.06%
EXC	C	0.48%	0.29%	0.29%
EXPD	D	0.2%	0.09%	0.09%
EXPE	B	0.24%	0.12%	0.12%
EXR	D	0.42%	0.11%	0.11%
FANG	D	0.41%	0.07%	0.07%
FAST	B	0.54%	0.12%	0.12%
FDS	B	0.21%	0.04%	0.04%
FE	C	0.28%	0.24%	0.24%
FICO	B	0.56%	0.03%	0.03%
FIS	C	0.59%	0.05%	0.05%
FITB	A	0.36%	0.05%	0.05%
FOX	A	0.05%	0.1%	0.05%
FOXA	B	0.12%	0.1%	0.1%
FSLR	F	0.24%	0.2%	0.2%
FTNT	C	0.29%	0.17%	0.17%
FTV	C	0.3%	0.03%	0.03%
GDDY	A	0.29%	0.26%	0.26%
GEHC	F	0.46%	0.1%	0.1%
GEN	B	0.18%	0.17%	0.17%
GEV	B	0.5%	0.18%	0.18%
GIS	D	0.46%	0.21%	0.21%
GLW	B	0.44%	0.19%	0.19%
GPC	D	0.19%	0.15%	0.15%
GPN	B	0.26%	0.04%	0.04%
GRMN	B	0.37%	0.32%	0.32%
GWW	B	0.59%	0.13%	0.13%
HAL	C	0.27%	0.33%	0.27%
HBAN	A	0.27%	0.05%	0.05%
HES	B	0.45%	0.07%	0.07%
HIG	B	0.39%	0.14%	0.14%
HLT	A	0.35%	0.12%	0.12%
HOLX	D	0.23%	0.1%	0.1%
HPE	B	0.31%	0.19%	0.19%
HPQ	B	0.42%	0.34%	0.34%
HRL	D	0.11%	0.36%	0.11%
HSY	F	0.32%	0.17%	0.17%
HUBB	B	0.14%	0.26%	0.14%
HWM	A	0.49%	0.07%	0.07%
IDXX	F	0.41%	0.09%	0.09%
IFF	D	0.31%	0.05%	0.05%
INCY	C	0.07%	0.25%	0.07%
INVH	D	0.22%	0.1%	0.1%
IP	B	0.23%	0.06%	0.06%
IQV	D	0.43%	0.13%	0.13%
IR	B	0.47%	0.2%	0.2%
IRM	D	0.44%	0.06%	0.06%
IT	C	0.45%	0.13%	0.13%
J	F	0.21%	0.39%	0.21%
JBHT	C	0.18%	0.08%	0.08%
JCI	C	0.31%	0.08%	0.08%
K	A	0.27%	0.18%	0.18%
KEY	B	0.19%	0.06%	0.06%
KEYS	A	0.32%	0.2%	0.2%
KMI	A	0.28%	0.25%	0.25%
KR	B	0.44%	0.73%	0.44%
KVUE	A	0.53%	0.41%	0.41%
L	A	0.18%	0.49%	0.18%
LDOS	C	0.15%	0.13%	0.13%
LEN	D	0.02%	0.24%	0.02%
LEN	D	0.5%	0.24%	0.24%
LH	C	0.23%	0.16%	0.16%
LHX	C	0.57%	0.08%	0.08%
LNT	A	0.19%	0.08%	0.08%
LULU	C	0.41%	0.3%	0.3%
LUV	C	0.22%	0.25%	0.22%
LVS	C	0.23%	0.08%	0.08%
LYB	F	0.27%	0.07%	0.07%
LYV	A	0.23%	0.09%	0.09%
MAA	B	0.21%	0.1%	0.1%
MAS	D	0.21%	0.19%	0.19%
MCHP	D	0.48%	0.13%	0.13%
MGM	D	0.05%	0.07%	0.05%
MKC	D	0.24%	0.21%	0.21%
MLM	B	0.44%	0.17%	0.17%
MOH	F	0.22%	0.25%	0.22%
MPWR	F	0.43%	0.21%	0.21%
MRNA	F	0.23%	0.23%	0.23%
MRO	B	0.19%	0.07%	0.07%
MSCI	C	0.52%	0.04%	0.04%
MSI	B	0.91%	0.49%	0.49%
MTB	A	0.39%	0.06%	0.06%
MTD	D	0.33%	0.14%	0.14%
NDAQ	A	0.41%	0.04%	0.04%
NEM	D	0.64%	0.24%	0.24%
NI	A	0.1%	0.32%	0.1%
NTAP	C	0.29%	0.17%	0.17%
NTRS	A	0.23%	0.08%	0.08%
NUE	C	0.41%	0.25%	0.25%
NVR	D	0.32%	0.3%	0.3%
NWS	B	0.01%	0.1%	0.01%
NWSA	B	0.16%	0.1%	0.1%
O	D	0.63%	0.06%	0.06%
ODFL	B	0.47%	0.08%	0.08%
OKE	A	0.69%	0.24%	0.24%
OMC	C	0.24%	0.33%	0.24%
ON	D	0.37%	0.22%	0.22%
OTIS	C	0.48%	0.08%	0.08%
PCAR	B	0.66%	0.12%	0.12%
PCG	A	0.51%	0.07%	0.07%
PEG	A	0.54%	0.25%	0.25%
PFG	D	0.23%	0.2%	0.2%
PHM	D	0.33%	0.25%	0.25%
PKG	A	0.25%	0.06%	0.06%
PLTR	B	1.02%	0.22%	0.22%
PODD	C	0.1%	0.1%	0.1%
POOL	C	0.08%	0.13%	0.08%
PPG	F	0.35%	0.07%	0.07%
PPL	B	0.28%	0.08%	0.08%
PRU	A	0.53%	0.2%	0.2%
PWR	A	0.54%	0.4%	0.4%
RCL	A	0.55%	0.08%	0.08%
RF	A	0.26%	0.06%	0.06%
RJF	A	0.33%	0.25%	0.25%
RMD	C	0.43%	0.09%	0.09%
ROK	B	0.37%	0.03%	0.03%
ROL	B	0.17%	0.18%	0.17%
RVTY	F	0.18%	0.1%	0.1%
SBAC	D	0.3%	0.06%	0.06%
SMCI	F	0.18%	0.15%	0.15%
SNA	A	0.21%	0.25%	0.21%
SPG	B	0.32%	0.06%	0.06%
STE	F	0.27%	0.12%	0.12%
STLD	B	0.12%	0.27%	0.12%
STT	A	0.32%	0.11%	0.11%
STX	D	0.26%	0.17%	0.17%
SWK	D	0.17%	0.26%	0.17%
SWKS	F	0.17%	0.21%	0.17%
SYF	B	0.26%	0.68%	0.26%
SYY	B	0.45%	0.73%	0.45%
TDG	D	0.84%	0.06%	0.06%
TDY	B	0.26%	0.03%	0.03%
TER	D	0.21%	0.16%	0.16%
TRGP	B	0.22%	0.24%	0.22%
TRMB	B	0.18%	0.03%	0.03%
TROW	B	0.3%	0.08%	0.08%
TSCO	D	0.35%	0.12%	0.12%
TSN	B	0.2%	0.35%	0.2%
TTWO	A	0.33%	0.48%	0.33%
TXT	D	0.18%	0.16%	0.16%
TYL	B	0.31%	0.21%	0.21%
UAL	A	0.31%	0.28%	0.28%
UDR	B	0.08%	0.1%	0.08%
ULTA	F	0.21%	0.17%	0.17%
URI	B	0.65%	0.14%	0.14%
VICI	C	0.36%	0.06%	0.06%
VLTO	D	0.29%	0.03%	0.03%
VMC	B	0.44%	0.17%	0.17%
VRSK	A	0.47%	0.04%	0.04%
VRSN	F	0.18%	0.27%	0.18%
VST	B	0.52%	0.4%	0.4%
VTR	C	0.33%	0.11%	0.11%
VTRS	A	0.17%	0.24%	0.17%
WAB	B	0.4%	0.13%	0.13%
WAT	B	0.23%	0.15%	0.15%
WBA	F	0.04%	0.63%	0.04%
WBD	C	0.22%	0.19%	0.19%
WDC	D	0.27%	0.17%	0.17%
WEC	A	0.37%	0.07%	0.07%
WELL	A	1.0%	0.11%	0.11%
WMB	A	0.39%	0.24%	0.24%
WRB	A	0.2%	0.13%	0.13%
WST	C	0.27%	0.05%	0.05%
WTW	B	0.37%	0.04%	0.04%
WY	D	0.27%	0.17%	0.17%
XEL	A	0.45%	0.07%	0.07%
XYL	D	0.36%	0.19%	0.19%
YUM	B	0.45%	0.5%	0.45%
ZBH	C	0.26%	0.12%	0.12%
ZBRA	B	0.24%	0.13%	0.13%

VO Overweight 50 Positions Relative to SHUS

Symbol	Grade	Weight
APO	B	0.69%
TTD	B	0.63%
DASH	A	0.62%
WCN	A	0.55%
LNG	B	0.5%
SQ	B	0.49%
VRT	B	0.47%
DDOG	A	0.45%
ALNY	D	0.42%
MRVL	B	0.42%
COIN	C	0.38%
TEAM	A	0.37%
VEEV	C	0.37%
ARES	A	0.36%
RBLX	C	0.34%
HUBS	A	0.33%
NET	B	0.31%
ILMN	D	0.28%
LPLA	A	0.26%
MSTR	C	0.26%
TRU	D	0.24%
MDB	C	0.23%
APP	B	0.23%
MKL	A	0.23%
PINS	D	0.23%
SNOW	C	0.21%
ZM	B	0.21%
ZS	C	0.2%
SUI	D	0.2%
FNF	B	0.19%
IBKR	A	0.19%
BURL	A	0.19%
AVTR	F	0.18%
HEI	B	0.18%
CVNA	B	0.18%
SSNC	B	0.18%
TW	A	0.18%
SNAP	C	0.16%
WPC	D	0.15%
BMRN	D	0.15%
TPL	A	0.14%
OKTA	C	0.14%
HEI	B	0.12%
RPRX	D	0.12%
BSY	D	0.09%
CRBG	B	0.08%
WMG	C	0.05%
RKT	F	0.03%
WLK	D	0.03%
AGR	B	0.03%

VO Underweight 245 Positions Relative to SHUS

Symbol	Grade	Weight
CVX	A	-0.75%
XOM	B	-0.75%
WMT	A	-0.72%
ROST	C	-0.71%
TJX	A	-0.71%
COST	B	-0.7%
COF	B	-0.69%
CVS	D	-0.68%
CMCSA	B	-0.51%
PSX	C	-0.5%
VLO	C	-0.49%
MCD	D	-0.49%
AAPL	C	-0.49%
CMG	B	-0.49%
BRK.A	B	-0.49%
SBUX	A	-0.48%
MPC	D	-0.48%
MTCH	D	-0.46%
CHTR	C	-0.46%
META	D	-0.46%
KMB	D	-0.41%
PG	A	-0.41%
BWA	D	-0.41%
CL	D	-0.4%
JBL	B	-0.37%
BG	F	-0.36%
PM	B	-0.35%
MO	A	-0.35%
CRM	B	-0.35%
ORCL	B	-0.34%
SLB	C	-0.34%
SNPS	B	-0.34%
T	A	-0.33%
TMUS	B	-0.33%
NKE	D	-0.33%
IPG	D	-0.33%
HCA	F	-0.33%
CDNS	B	-0.33%
IBM	C	-0.33%
MSFT	F	-0.32%
RL	B	-0.32%
UHS	D	-0.32%
ATO	A	-0.32%
TPR	B	-0.32%
VZ	C	-0.32%
NRG	B	-0.32%
AES	F	-0.31%
FCX	D	-0.29%
DECK	A	-0.29%
TSLA	B	-0.27%
MS	A	-0.26%
HUM	C	-0.26%
ETN	A	-0.26%
EQIX	A	-0.26%
ZTS	D	-0.25%
STZ	D	-0.25%
MNST	C	-0.25%
TAP	C	-0.25%
BMY	B	-0.25%
SCHW	B	-0.25%
UNH	C	-0.25%
LOW	D	-0.25%
HAS	D	-0.25%
HD	A	-0.25%
GS	A	-0.25%
AEP	D	-0.24%
MRK	F	-0.24%
KDP	D	-0.24%
PFE	D	-0.24%
ABBV	D	-0.24%
NEE	D	-0.24%
GM	B	-0.24%
ELV	F	-0.24%
KO	D	-0.24%
F	C	-0.24%
GILD	C	-0.24%
CTLT	B	-0.24%
REGN	F	-0.23%
NXPI	D	-0.23%
VRTX	F	-0.23%
LLY	F	-0.23%
AMGN	D	-0.23%
JNJ	D	-0.23%
LW	C	-0.22%
DAY	B	-0.22%
NOW	A	-0.22%
QCOM	F	-0.22%
NFLX	A	-0.22%
AVGO	D	-0.22%
ADI	D	-0.22%
GOOGL	C	-0.22%
TXN	C	-0.22%
GOOG	C	-0.22%
KHC	F	-0.21%
CSCO	B	-0.21%
ANET	C	-0.21%
AOS	F	-0.21%
QRVO	F	-0.21%
SJM	D	-0.21%
MET	A	-0.21%
ADP	B	-0.21%
PAYX	C	-0.21%
PAYC	B	-0.21%
AMZN	C	-0.21%
IEX	B	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
FFIV	B	-0.2%
ERIE	D	-0.2%
AIZ	A	-0.2%
INTU	C	-0.2%
HSIC	B	-0.2%
DIS	B	-0.2%
TEL	B	-0.19%
PGR	A	-0.19%
BBWI	D	-0.19%
PNR	A	-0.19%
BLDR	D	-0.19%
GL	B	-0.19%
JNPR	F	-0.19%
RSG	A	-0.18%
CRWD	B	-0.18%
WM	A	-0.18%
MDLZ	F	-0.18%
MCK	B	-0.18%
CI	F	-0.18%
MHK	D	-0.18%
TGT	F	-0.17%
MMM	D	-0.17%
GE	D	-0.17%
ITW	B	-0.17%
PTC	A	-0.17%
DELL	C	-0.17%
KLAC	D	-0.17%
PEP	F	-0.17%
AMAT	F	-0.17%
PANW	C	-0.16%
INTC	D	-0.16%
GD	F	-0.16%
BA	F	-0.16%
HON	B	-0.16%
ADSK	A	-0.16%
TECH	D	-0.15%
MU	D	-0.15%
ADBE	C	-0.15%
CRL	C	-0.14%
TRV	B	-0.14%
CB	C	-0.14%
CAT	B	-0.14%
AMD	F	-0.14%
ORLY	B	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
TMO	F	-0.14%
EPAM	C	-0.13%
WFC	A	-0.13%
C	A	-0.13%
DE	A	-0.13%
ACN	C	-0.13%
BKNG	A	-0.13%
NVDA	C	-0.13%
SYK	C	-0.12%
ABNB	C	-0.12%
MAR	B	-0.12%
ISRG	A	-0.12%
BAC	A	-0.12%
JPM	A	-0.12%
AMCR	D	-0.12%
DVA	B	-0.11%
BXP	D	-0.11%
HST	C	-0.11%
BK	A	-0.11%
UBER	D	-0.11%
DHR	F	-0.1%
PSA	D	-0.1%
CPT	B	-0.1%
AXON	A	-0.09%
KKR	A	-0.09%
CHRW	C	-0.09%
NCLH	B	-0.09%
BLK	C	-0.09%
IVZ	B	-0.09%
SO	D	-0.08%
TT	A	-0.08%
PH	A	-0.08%
GNRC	B	-0.08%
UNP	C	-0.08%
WYNN	D	-0.08%
NSC	B	-0.08%
LMT	D	-0.08%
HII	D	-0.08%
NOC	D	-0.08%
BX	A	-0.08%
RTX	C	-0.08%
MOS	F	-0.08%
CSX	B	-0.08%
FMC	D	-0.08%
UPS	C	-0.08%
SW	A	-0.07%
OXY	D	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
EOG	A	-0.07%
APA	D	-0.07%
PNW	B	-0.07%
ALLE	D	-0.07%
DUK	C	-0.07%
FDX	B	-0.07%
SRE	A	-0.07%
FI	A	-0.06%
PNC	B	-0.06%
ABT	B	-0.06%
MDT	D	-0.06%
PYPL	B	-0.06%
AMT	D	-0.06%
BSX	B	-0.06%
KIM	A	-0.06%
REG	B	-0.06%
FRT	B	-0.06%
PLD	D	-0.06%
CCI	D	-0.06%
SHW	A	-0.06%
MA	C	-0.05%
AXP	A	-0.05%
APD	A	-0.05%
SOLV	C	-0.05%
ECL	D	-0.05%
BDX	F	-0.05%
TFX	F	-0.05%
EMN	D	-0.05%
JKHY	D	-0.05%
TFC	A	-0.05%
USB	A	-0.05%
MCO	B	-0.04%
AON	A	-0.04%
SPGI	C	-0.04%
ICE	C	-0.04%
V	A	-0.04%
MKTX	D	-0.04%
CME	A	-0.04%
LIN	D	-0.04%
EMR	A	-0.03%
NDSN	B	-0.03%
ROP	B	-0.03%
MMC	B	-0.03%