AFLG vs. SSPY ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to Syntax Stratified LargeCap ETF (SSPY)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.69

Average Daily Volume

7,866

Number of Holdings ^*

248

* may have additional holdings in another (foreign) market

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

$80.43

Average Daily Volume

2,704

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	SSPY
30 Days	3.22%	3.30%
60 Days	5.50%	5.09%
90 Days	6.21%	6.57%
12 Months	35.25%	21.73%

209 Overlapping Holdings

	Symbol	Grade	Weight in AFLG	Weight in SSPY	Overlap
	AAPL	C	7.45%	0.52%	0.52%
	ABBV	C	1.05%	0.29%	0.29%
	ACGL	C	0.22%	0.16%	0.16%
	ACN	C	0.23%	0.16%	0.16%
	ADBE	F	0.39%	0.18%	0.18%
	ADM	D	0.07%	0.37%	0.07%
	AFL	C	0.82%	0.25%	0.25%
	AIG	D	0.29%	0.25%	0.25%
	AIZ	B	0.16%	0.29%	0.16%
	ALL	B	0.08%	0.3%	0.08%
	ALLE	B	0.01%	0.09%	0.01%
	AMAT	D	0.39%	0.12%	0.12%
	AMCR	B	0.04%	0.14%	0.04%
	AMP	A	0.14%	0.09%	0.09%
	AMZN	C	1.69%	0.14%	0.14%
	ANET	B	0.11%	0.2%	0.11%
	AOS	D	0.46%	0.18%	0.18%
	APH	D	0.55%	0.17%	0.17%
	AVB	B	0.05%	0.12%	0.05%
	AVGO	C	1.2%	0.18%	0.18%
	AXP	B	0.39%	0.05%	0.05%
	AZO	D	0.19%	0.15%	0.15%
	BBWI	F	0.13%	0.11%	0.11%
	BBY	C	0.58%	0.19%	0.19%
	BEN	F	0.17%	0.07%	0.07%
	BG	D	0.08%	0.36%	0.08%
	BK	B	0.69%	0.13%	0.13%
	BKNG	C	0.24%	0.12%	0.12%
	BLDR	C	0.34%	0.21%	0.21%
	BMY	C	0.53%	0.29%	0.29%
	BRK.A	C	1.69%	0.57%	0.57%
	BRO	C	0.31%	0.04%	0.04%
	BSX	B	0.68%	0.07%	0.07%
	BWA	D	0.04%	0.38%	0.04%
	CAH	C	0.11%	0.22%	0.11%
	CAT	B	0.54%	0.13%	0.13%
	CBOE	C	0.42%	0.05%	0.05%
	CDNS	D	0.05%	0.27%	0.05%
	CDW	D	0.04%	0.12%	0.04%
	CEG	C	0.51%	0.24%	0.24%
	CF	C	0.4%	0.09%	0.09%
	CFG	C	0.26%	0.07%	0.07%
	CI	C	0.18%	0.21%	0.18%
	CL	D	0.73%	0.48%	0.48%
	CMCSA	D	0.56%	0.53%	0.53%
	CME	C	0.24%	0.05%	0.05%
	CMG	C	0.32%	0.42%	0.32%
	CMI	C	0.46%	0.08%	0.08%
	CNC	D	0.25%	0.27%	0.25%
	COP	D	0.08%	0.07%	0.07%
	COST	B	0.97%	0.78%	0.78%
	CPT	B	0.17%	0.12%	0.12%
	CRM	D	0.49%	0.35%	0.35%
	CSCO	C	0.41%	0.21%	0.21%
	CTAS	B	0.71%	0.22%	0.22%
	CTSH	C	0.48%	0.16%	0.16%
	CVS	D	0.2%	0.62%	0.2%
	CVX	D	0.43%	0.69%	0.43%
	DECK	C	0.26%	0.26%	0.26%
	DHI	B	0.4%	0.33%	0.33%
	DPZ	F	0.05%	0.4%	0.05%
	DVN	F	0.35%	0.15%	0.15%
	EA	D	0.3%	0.53%	0.3%
	EBAY	B	0.11%	0.17%	0.11%
	ECL	B	0.59%	0.05%	0.05%
	ED	C	0.29%	0.29%	0.29%
	EG	C	0.17%	0.15%	0.15%
	EIX	C	0.25%	0.29%	0.25%
	ELV	C	1.0%	0.27%	0.27%
	EPAM	F	0.05%	0.15%	0.05%
	EQR	B	0.11%	0.12%	0.11%
	ESS	B	0.05%	0.12%	0.05%
	ETN	C	0.48%	0.23%	0.23%
	ETSY	F	0.1%	0.13%	0.1%
	EVRG	B	0.29%	0.09%	0.09%
	EXPE	C	0.17%	0.12%	0.12%
	FDX	C	0.26%	0.09%	0.09%
	FE	C	0.61%	0.29%	0.29%
	FFIV	B	0.55%	0.24%	0.24%
	FICO	B	0.7%	0.06%	0.06%
	FIS	B	0.38%	0.06%	0.06%
	FOXA	B	0.53%	0.12%	0.12%
	GDDY	C	0.48%	0.29%	0.29%
	GE	B	0.16%	0.18%	0.16%
	GILD	B	0.56%	0.3%	0.3%
	GL	C	0.17%	0.26%	0.17%
	GOOGL	D	1.88%	0.19%	0.19%
	GRMN	D	0.39%	0.38%	0.38%
	GWW	B	0.16%	0.14%	0.14%
	HIG	B	1.2%	0.17%	0.17%
	HLT	B	0.33%	0.11%	0.11%
	HOLX	C	0.05%	0.1%	0.05%
	HPQ	D	0.5%	0.32%	0.32%
	HSIC	C	0.4%	0.21%	0.21%
	HST	C	0.4%	0.1%	0.1%
	HUM	F	0.22%	0.26%	0.22%
	HWM	B	0.39%	0.09%	0.09%
	IBM	B	0.45%	0.4%	0.4%
	ICE	C	0.45%	0.05%	0.05%
	INCY	C	0.21%	0.25%	0.21%
	IP	B	0.3%	0.07%	0.07%
	IPG	C	0.08%	0.35%	0.08%
	IR	C	0.05%	0.18%	0.05%
	IT	B	0.14%	0.15%	0.14%
	IVZ	B	0.04%	0.09%	0.04%
	J	C	0.1%	0.39%	0.1%
	JBL	D	0.16%	0.29%	0.16%
	JNJ	C	0.84%	0.29%	0.29%
	KEYS	C	0.21%	0.21%	0.21%
	KHC	C	0.13%	0.24%	0.13%
	KLAC	D	0.13%	0.14%	0.13%
	KMB	D	0.06%	0.45%	0.06%
	KO	C	0.41%	0.29%	0.29%
	KR	C	0.47%	0.77%	0.47%
	L	C	0.19%	0.54%	0.19%
	LDOS	B	0.13%	0.14%	0.13%
	LEN	B	0.38%	0.29%	0.29%
	LKQ	F	0.19%	0.15%	0.15%
	LLY	C	0.55%	0.26%	0.26%
	LMT	C	0.4%	0.1%	0.1%
	LOW	B	0.32%	0.27%	0.27%
	LYB	D	0.08%	0.07%	0.07%
	MA	B	0.22%	0.05%	0.05%
	MAA	B	0.52%	0.13%	0.13%
	MAS	B	0.55%	0.21%	0.21%
	MCK	F	0.48%	0.17%	0.17%
	MCO	B	0.05%	0.05%	0.05%
	MET	B	0.04%	0.22%	0.04%
	META	B	1.47%	0.44%	0.44%
	MMM	B	0.6%	0.21%	0.21%
	MO	C	1.05%	0.46%	0.46%
	MOH	D	0.1%	0.28%	0.1%
	MOS	F	0.03%	0.08%	0.03%
	MPC	F	0.14%	0.48%	0.14%
	MRK	D	0.81%	0.22%	0.22%
	MRO	D	0.22%	0.07%	0.07%
	MSFT	C	4.92%	0.3%	0.3%
	MSI	B	0.38%	0.58%	0.38%
	MTCH	C	0.32%	0.51%	0.32%
	NFLX	B	0.6%	0.22%	0.22%
	NRG	C	0.73%	0.3%	0.3%
	NTAP	D	0.64%	0.18%	0.18%
	NUE	F	0.39%	0.23%	0.23%
	NVDA	D	4.36%	0.11%	0.11%
	NVR	B	0.41%	0.29%	0.29%
	NWSA	D	0.19%	0.1%	0.1%
	NXPI	F	0.06%	0.19%	0.06%
	ORLY	C	0.06%	0.17%	0.06%
	PCAR	D	0.37%	0.11%	0.11%
	PEG	C	0.55%	0.28%	0.28%
	PFG	B	0.04%	0.21%	0.04%
	PG	C	0.96%	0.45%	0.45%
	PGR	B	0.79%	0.31%	0.31%
	PH	B	0.21%	0.09%	0.09%
	PHM	B	0.58%	0.29%	0.29%
	PKG	B	0.33%	0.07%	0.07%
	PM	C	0.38%	0.47%	0.38%
	PPG	D	0.21%	0.07%	0.07%
	PPL	C	0.05%	0.09%	0.05%
	PRU	C	0.09%	0.2%	0.09%
	PSA	B	0.06%	0.14%	0.06%
	PSX	F	0.1%	0.47%	0.1%
	QCOM	D	1.0%	0.17%	0.17%
	QRVO	F	0.09%	0.21%	0.09%
	RF	B	0.27%	0.07%	0.07%
	RL	C	0.75%	0.29%	0.29%
	RMD	C	0.06%	0.12%	0.06%
	ROL	C	0.06%	0.19%	0.06%
	ROST	C	0.05%	0.77%	0.05%
	SHW	B	0.2%	0.08%	0.08%
	SNA	C	0.54%	0.26%	0.26%
	SNPS	F	0.04%	0.26%	0.04%
	SO	B	0.14%	0.09%	0.09%
	SOLV	C	0.27%	0.06%	0.06%
	SPG	B	0.57%	0.07%	0.07%
	SPGI	B	0.09%	0.05%	0.05%
	STLD	F	0.39%	0.23%	0.23%
	STT	B	0.05%	0.13%	0.05%
	SWKS	D	0.27%	0.21%	0.21%
	SYF	C	0.24%	0.77%	0.24%
	SYK	C	0.16%	0.13%	0.13%
	T	C	0.19%	0.4%	0.19%
	TDG	B	0.01%	0.07%	0.01%
	TEL	D	0.09%	0.18%	0.09%
	TJX	B	0.41%	0.81%	0.41%
	TMUS	C	0.31%	0.37%	0.31%
	TPR	C	0.39%	0.3%	0.3%
	TRGP	B	0.28%	0.3%	0.28%
	TROW	D	0.19%	0.07%	0.07%
	TT	B	0.45%	0.08%	0.08%
	TXT	D	0.09%	0.17%	0.09%
	UDR	C	0.05%	0.12%	0.05%
	UHS	B	1.12%	0.4%	0.4%
	ULTA	D	0.17%	0.16%	0.16%
	UNH	C	0.3%	0.32%	0.3%
	V	C	0.3%	0.05%	0.05%
	VICI	C	0.5%	0.08%	0.08%
	VLO	F	0.33%	0.45%	0.33%
	VRSN	D	0.23%	0.27%	0.23%
	VST	C	0.78%	0.26%	0.26%
	VTR	C	0.23%	0.14%	0.14%
	VTRS	D	0.09%	0.27%	0.09%
	VZ	B	0.54%	0.36%	0.36%
	WAB	A	0.35%	0.13%	0.13%
	WBA	F	0.04%	0.38%	0.04%
	WELL	C	0.32%	0.14%	0.14%
	WMT	C	0.59%	0.86%	0.59%
	WTW	C	0.05%	0.04%	0.04%
	XOM	C	0.78%	0.79%	0.78%

AFLG Overweight 39 Positions Relative to SSPY

	Symbol	Grade	Weight
	RS	D	0.63%
	EME	B	0.53%
	CNA	C	0.49%
	GLPI	C	0.47%
	OGN	D	0.41%
	CSL	B	0.39%
	APP	C	0.38%
	WU	F	0.36%
	RHI	D	0.34%
	WSM	D	0.33%
	ERIE	B	0.32%
	OC	D	0.32%
	IBKR	B	0.29%
	MANH	B	0.26%
	LII	B	0.25%
	WPC	C	0.25%
	ALNY	C	0.23%
	ZM	C	0.22%
	BAH	C	0.2%
	VSCO	C	0.19%
	TOL	B	0.16%
	DELL	D	0.12%
	RPM	B	0.11%
	SCCO	D	0.11%
	VRT	C	0.1%
	SSNC	B	0.1%
	DXC	C	0.09%
	CRBG	D	0.09%
	DINO	F	0.07%
	WSO	C	0.06%
	DKS	D	0.05%
	PSTG	F	0.05%
	TPL	B	0.05%
	DASH	C	0.05%
	UTHR	C	0.05%
	ZION	D	0.05%
	PINS	F	0.04%
	CVNA	B	0.04%
	EQH	C	0.0%

AFLG Underweight 287 Positions Relative to SSPY

	Symbol	Grade	Weight
	SYY	D	-0.83%
	DFS	C	-0.73%
	COF	B	-0.71%
	CHTR	D	-0.59%
	SBUX	C	-0.58%
	MCD	B	-0.57%
	KVUE	C	-0.55%
	CLX	C	-0.53%
	DRI	B	-0.52%
	YUM	D	-0.49%
	TTWO	C	-0.49%
	TSN	C	-0.46%
	CHD	D	-0.42%
	TYL	C	-0.41%
	HRL	C	-0.4%
	NOW	B	-0.39%
	NI	B	-0.39%
	AWK	B	-0.38%
	HCA	B	-0.38%
	ATO	B	-0.38%
	APTV	D	-0.37%
	OMC	B	-0.37%
	BKR	C	-0.36%
	ORCL	C	-0.34%
	PWR	B	-0.34%
	EXC	C	-0.33%
	EL	F	-0.33%
	NEM	B	-0.31%
	SLB	F	-0.31%
	TSLA	C	-0.3%
	SWK	B	-0.29%
	EQIX	C	-0.29%
	HAL	F	-0.29%
	AEP	C	-0.29%
	OKE	B	-0.29%
	DTE	C	-0.28%
	NEE	C	-0.28%
	ZTS	C	-0.28%
	TAP	D	-0.28%
	D	C	-0.28%
	AKAM	D	-0.28%
	ETR	B	-0.28%
	PFE	C	-0.27%
	KMI	B	-0.27%
	CTLT	B	-0.27%
	WMB	B	-0.27%
	REGN	C	-0.27%
	KDP	B	-0.27%
	AMGN	B	-0.27%
	HAS	B	-0.27%
	GS	C	-0.27%
	MS	D	-0.26%
	K	B	-0.26%
	MKC	C	-0.26%
	HD	B	-0.26%
	MNST	D	-0.26%
	DLR	B	-0.26%
	VRTX	D	-0.25%
	STZ	D	-0.25%
	CAG	C	-0.25%
	MHK	C	-0.25%
	DAY	D	-0.25%
	AES	C	-0.25%
	CPB	C	-0.25%
	RJF	C	-0.25%
	HUBB	B	-0.25%
	GM	C	-0.25%
	ADP	B	-0.25%
	NKE	D	-0.25%
	PAYC	D	-0.25%
	PAYX	C	-0.24%
	LULU	D	-0.24%
	GIS	B	-0.24%
	F	F	-0.23%
	MPWR	C	-0.23%
	TXN	C	-0.23%
	SJM	C	-0.23%
	INTU	C	-0.23%
	JNPR	B	-0.22%
	CNP	C	-0.22%
	FTNT	C	-0.21%
	GLW	C	-0.21%
	CPRT	D	-0.21%
	ENPH	D	-0.21%
	PNR	B	-0.21%
	FCX	D	-0.21%
	ADI	C	-0.21%
	ON	D	-0.21%
	SCHW	D	-0.21%
	BIIB	F	-0.21%
	MDLZ	B	-0.21%
	LUV	C	-0.2%
	GEV	B	-0.2%
	WBD	D	-0.2%
	PARA	F	-0.2%
	HSY	C	-0.2%
	PEP	C	-0.2%
	RSG	D	-0.2%
	IEX	D	-0.19%
	AAL	D	-0.19%
	GOOG	D	-0.19%
	ADSK	C	-0.19%
	WM	D	-0.19%
	STX	C	-0.19%
	XYL	D	-0.18%
	DIS	D	-0.18%
	TGT	C	-0.18%
	PANW	D	-0.18%
	UAL	C	-0.18%
	DGX	B	-0.18%
	TRV	C	-0.17%
	DOV	B	-0.17%
	DAL	C	-0.17%
	GD	B	-0.17%
	KMX	D	-0.17%
	ITW	C	-0.17%
	WY	C	-0.17%
	CINF	C	-0.17%
	TMO	B	-0.16%
	LW	D	-0.16%
	WDC	D	-0.16%
	WAT	C	-0.16%
	IQV	C	-0.16%
	PTC	D	-0.16%
	ANSS	D	-0.16%
	HON	D	-0.16%
	CB	B	-0.16%
	WRB	C	-0.16%
	HPE	D	-0.16%
	MLM	D	-0.15%
	GPC	D	-0.15%
	VMC	D	-0.15%
	A	C	-0.15%
	BA	F	-0.15%
	TECH	C	-0.14%
	MRNA	F	-0.14%
	URI	B	-0.14%
	JPM	D	-0.14%
	STE	C	-0.14%
	FSLR	C	-0.14%
	CTRA	F	-0.14%
	TER	D	-0.14%
	ISRG	B	-0.14%
	C	D	-0.13%
	BAC	D	-0.13%
	POOL	C	-0.13%
	CRL	F	-0.13%
	DE	B	-0.13%
	MTD	D	-0.13%
	BXP	B	-0.13%
	FAST	C	-0.13%
	ZBRA	B	-0.13%
	EQT	D	-0.13%
	AMD	D	-0.12%
	DVA	B	-0.12%
	BR	D	-0.12%
	WFC	D	-0.12%
	FOX	B	-0.12%
	LRCX	F	-0.12%
	BALL	C	-0.12%
	TSCO	C	-0.12%
	AME	C	-0.12%
	ZBH	F	-0.12%
	EXR	B	-0.12%
	DOC	C	-0.12%
	DLTR	F	-0.11%
	MAR	C	-0.11%
	CRWD	D	-0.11%
	DG	F	-0.11%
	MCHP	F	-0.11%
	PODD	B	-0.11%
	UBER	C	-0.11%
	INVH	C	-0.11%
	ARE	C	-0.11%
	BIO	C	-0.1%
	BX	B	-0.1%
	SMCI	F	-0.1%
	RTX	C	-0.1%
	NSC	C	-0.1%
	NWS	D	-0.1%
	CHRW	B	-0.1%
	NOC	B	-0.1%
	AXON	B	-0.1%
	ALGN	D	-0.09%
	LHX	C	-0.09%
	CCL	C	-0.09%
	DUK	C	-0.09%
	CSX	D	-0.09%
	ABNB	D	-0.09%
	NCLH	C	-0.09%
	ES	C	-0.09%
	LYV	B	-0.09%
	DHR	B	-0.09%
	NTRS	A	-0.09%
	PNW	C	-0.09%
	CMS	C	-0.09%
	RCL	B	-0.09%
	KKR	B	-0.09%
	CTVA	B	-0.09%
	ODFL	D	-0.09%
	JBHT	D	-0.09%
	XEL	B	-0.09%
	LNT	B	-0.09%
	WEC	C	-0.09%
	BLK	B	-0.09%
	AEE	C	-0.09%
	HII	D	-0.09%
	FMC	C	-0.09%
	GEHC	C	-0.09%
	UNP	C	-0.09%
	FRT	C	-0.08%
	PLD	C	-0.08%
	O	C	-0.08%
	CCI	C	-0.08%
	UPS	D	-0.08%
	GNRC	D	-0.08%
	REG	C	-0.08%
	SBAC	C	-0.08%
	AMT	C	-0.08%
	MU	F	-0.08%
	IDXX	C	-0.08%
	CARR	B	-0.08%
	KIM	C	-0.08%
	EXPD	C	-0.08%
	INTC	F	-0.08%
	IRM	C	-0.08%
	PCG	C	-0.08%
	SRE	C	-0.08%
	FITB	B	-0.07%
	HBAN	B	-0.07%
	MTB	B	-0.07%
	PNC	B	-0.07%
	CZR	C	-0.07%
	TFC	C	-0.07%
	KEY	B	-0.07%
	ABT	C	-0.07%
	FANG	D	-0.07%
	MDT	C	-0.07%
	OTIS	C	-0.07%
	EOG	D	-0.07%
	JCI	B	-0.07%
	SW	B	-0.06%
	CE	F	-0.06%
	WYNN	D	-0.06%
	BAX	C	-0.06%
	MKTX	C	-0.06%
	MGM	F	-0.06%
	TFX	C	-0.06%
	AVY	C	-0.06%
	JKHY	B	-0.06%
	DXCM	F	-0.06%
	LVS	D	-0.06%
	DOW	D	-0.06%
	OXY	F	-0.06%
	HES	F	-0.06%
	PYPL	B	-0.06%
	APA	F	-0.06%
	USB	B	-0.06%
	WST	D	-0.05%
	MSCI	C	-0.05%
	EMN	B	-0.05%
	EW	F	-0.05%
	DD	B	-0.05%
	CBRE	A	-0.05%
	APD	B	-0.05%
	BDX	D	-0.05%
	EFX	B	-0.05%
	IFF	B	-0.05%
	LIN	B	-0.05%
	GPN	D	-0.05%
	CPAY	B	-0.05%
	NDAQ	A	-0.05%
	TDY	B	-0.04%
	ALB	D	-0.04%
	MMC	C	-0.04%
	FDS	C	-0.04%
	VRSK	D	-0.04%
	AJG	D	-0.04%
	AON	B	-0.04%
	CSGP	D	-0.04%
	EMR	D	-0.03%
	FTV	C	-0.03%
	TRMB	C	-0.03%
	ROP	C	-0.03%
	ROK	D	-0.03%
	NDSN	C	-0.03%
	VLTO	C	-0.03%

AFLG: Top Represented Industries & Keywords

Industries: Specialty Retail Information Technology Services Asset Management Health Care Plans Diversified Industrials Drug Manufacturers - Major Insurance - Diversified Internet Content & Information REIT - Residential Semiconductors Software - Application Credit Services Insurance - Life Residential Construction Specialty Chemicals Utilities - Regulated Electric Business Services Insurance - Property & Casualty Oil & Gas Refining & Marketing Software - Infrastructure

Keywords: S&P 500 Nasdaq 100 Insurance Computing Dow Jones Component Natural Gas Electronics Telecommunications IBD 50 Mobile Devices Aerospace Disability Insurance Products Real Estate Investment Trust Electricity Life Insurance Cloud Computing Petroleum Industry Health Insurance Retail Store

SSPY: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Specialty Retail Medical Devices Medical Instruments & Supplies 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 Chemical Aerospace Real Estate Investment Trust Telecommunications Medicine Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank