BTAL vs. SSPY ETF Comparison

Comparison of QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL) to Syntax Stratified LargeCap ETF (SSPY)
BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.92

Average Daily Volume

589,007

Number of Holdings *

388

* 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

$79.55

Average Daily Volume

2,690

Number of Holdings *

496

* may have additional holdings in another (foreign) market
Performance
Period BTAL SSPY
30 Days -0.40% 1.73%
60 Days 2.63% 3.94%
90 Days 1.79% 5.29%
12 Months 1.63% 19.99%
185 Overlapping Holdings
Symbol Grade Weight in BTAL Weight in SSPY Overlap
ABBV C 0.39% 0.29% 0.29%
ACGL B 0.4% 0.16% 0.16%
ACN C 0.39% 0.16% 0.16%
ADP B 0.39% 0.25% 0.25%
AEE B 0.41% 0.09% 0.09%
AES C -0.38% 0.25% -0.38%
AIZ B 0.39% 0.29% 0.29%
AKAM D 0.38% 0.28% 0.28%
ALB F -0.36% 0.04% -0.36%
ALGN D -0.38% 0.09% -0.38%
ALL A 0.41% 0.3% 0.3%
AMCR C 0.4% 0.14% 0.14%
AMD F -0.36% 0.12% -0.36%
AMGN B 0.4% 0.27% 0.27%
ANET B -0.36% 0.2% -0.36%
AON B 0.4% 0.04% 0.04%
ARE B -0.42% 0.11% -0.42%
AVB B 0.41% 0.12% 0.12%
AVGO C -0.34% 0.18% -0.34%
AWK A -0.42% 0.38% -0.42%
AXON B -0.41% 0.1% -0.41%
AZO D 0.3% 0.15% 0.15%
BBWI F -0.37% 0.11% -0.37%
BG D 0.4% 0.36% 0.36%
BKR D 0.39% 0.36% 0.36%
BLDR C -0.39% 0.21% -0.39%
BLK A -0.42% 0.09% -0.42%
BMY C 0.41% 0.29% 0.29%
BRO C 0.41% 0.04% 0.04%
BWA D 0.39% 0.38% 0.38%
BX B -0.4% 0.1% -0.4%
BXP B -0.41% 0.13% -0.41%
CARR B -0.4% 0.08% -0.4%
CB B 0.42% 0.16% 0.16%
CBOE C 0.41% 0.05% 0.05%
CBRE A -0.41% 0.05% -0.41%
CCL C -0.38% 0.09% -0.38%
CE D -0.37% 0.06% -0.37%
CEG C -0.37% 0.24% -0.37%
CF B 0.39% 0.09% 0.09%
CFG D -0.4% 0.07% -0.4%
CHD C 0.42% 0.42% 0.42%
CHRW B 0.39% 0.1% 0.1%
CI C 0.41% 0.21% 0.21%
CINF B 0.4% 0.17% 0.17%
CME C 0.43% 0.05% 0.05%
CMG C 0.38% 0.42% 0.38%
CMS A 0.41% 0.09% 0.09%
CNC C 0.36% 0.27% 0.27%
CPB B 0.42% 0.25% 0.25%
CRL D -0.38% 0.13% -0.38%
CRWD F -0.38% 0.11% -0.38%
CSCO B 0.38% 0.21% 0.21%
CSGP D -0.41% 0.04% -0.41%
CSX D 0.4% 0.09% 0.09%
CTSH C 0.4% 0.16% 0.16%
CZR C -0.4% 0.07% -0.4%
D C -0.42% 0.28% -0.42%
DAL C -0.42% 0.17% -0.42%
DAY D -0.38% 0.25% -0.38%
DD B 0.39% 0.05% 0.05%
DECK C 0.33% 0.26% 0.26%
DGX B 0.4% 0.18% 0.18%
DRI C 0.41% 0.52% 0.41%
DUK C 0.42% 0.09% 0.09%
DVN F 0.37% 0.15% 0.15%
ED C 0.42% 0.29% 0.29%
EFX C -0.39% 0.05% -0.39%
EG B 0.41% 0.15% 0.15%
EL F -0.39% 0.33% -0.39%
ELV C 0.42% 0.27% 0.27%
ENPH C -0.37% 0.21% -0.37%
EQR B 0.41% 0.12% 0.12%
EQT D -0.41% 0.13% -0.41%
ETN C -0.38% 0.23% -0.38%
EW F -0.39% 0.05% -0.39%
EXPE C -0.38% 0.12% -0.38%
F D -0.39% 0.23% -0.39%
FANG D 0.36% 0.07% 0.07%
FCX D -0.36% 0.21% -0.36%
FFIV A 0.4% 0.24% 0.24%
FMC C 0.37% 0.09% 0.09%
FOXA B 0.4% 0.12% 0.12%
FTNT C 0.4% 0.21% 0.21%
GD B 0.4% 0.17% 0.17%
GILD B 0.41% 0.3% 0.3%
GIS B 0.43% 0.24% 0.24%
GLW B 0.38% 0.21% 0.21%
GNRC D -0.36% 0.08% -0.36%
GPC D 0.38% 0.15% 0.15%
HIG A 0.41% 0.17% 0.17%
HON D 0.38% 0.16% 0.16%
HPQ D 0.38% 0.32% 0.32%
HUM F 0.41% 0.26% 0.26%
IBM B 0.41% 0.4% 0.4%
IDXX C -0.41% 0.08% -0.41%
INTC F -0.39% 0.08% -0.39%
J D 0.38% 0.39% 0.38%
JNJ B 0.41% 0.29% 0.29%
JNPR A 0.4% 0.22% 0.22%
KHC C 0.4% 0.24% 0.24%
KKR B -0.39% 0.09% -0.39%
KMI A 0.4% 0.27% 0.27%
KMX D -0.38% 0.17% -0.38%
KO B 0.4% 0.29% 0.29%
KR B 0.4% 0.77% 0.4%
L B 0.4% 0.54% 0.4%
LMT C 0.38% 0.1% 0.1%
LNT A 0.41% 0.09% 0.09%
LRCX F -0.35% 0.12% -0.35%
LULU D 0.37% 0.24% 0.24%
LYV B -0.4% 0.09% -0.4%
MCD C 0.39% 0.57% 0.39%
MCK F 0.39% 0.17% 0.17%
MGM D -0.38% 0.06% -0.38%
MKC B 0.42% 0.26% 0.26%
MMC C 0.4% 0.04% 0.04%
MOH C 0.38% 0.28% 0.28%
MOS F 0.36% 0.08% 0.08%
MPWR C -0.31% 0.23% -0.31%
MRNA F -0.38% 0.14% -0.38%
MSFT C 0.39% 0.3% 0.3%
MSI C 0.42% 0.58% 0.42%
MTCH C 0.39% 0.51% 0.39%
MU F -0.36% 0.08% -0.36%
NEM B 0.38% 0.31% 0.31%
NOC B 0.4% 0.1% 0.1%
NRG C -0.38% 0.3% -0.38%
NTRS B -0.4% 0.09% -0.4%
NVDA D -0.33% 0.11% -0.33%
O B 0.4% 0.08% 0.08%
ON D 0.36% 0.21% 0.21%
ORLY B 0.43% 0.17% 0.17%
OXY F 0.37% 0.06% 0.06%
PAYC D 0.39% 0.25% 0.25%
PAYX C 0.4% 0.24% 0.24%
PCAR D 0.4% 0.11% 0.11%
PFE C 0.4% 0.27% 0.27%
PGR A 0.41% 0.31% 0.31%
PKG B 0.39% 0.07% 0.07%
PLD C -0.41% 0.08% -0.41%
PNW B 0.41% 0.09% 0.09%
PODD B -0.46% 0.11% -0.46%
PWR B -0.36% 0.34% -0.36%
PYPL B -0.39% 0.06% -0.39%
REG C 0.41% 0.08% 0.08%
RF B -0.4% 0.07% -0.4%
RMD C -0.43% 0.12% -0.43%
ROP C 0.42% 0.03% 0.03%
RSG D 0.39% 0.2% 0.2%
RTX C 0.4% 0.1% 0.1%
SCHW D -0.41% 0.21% -0.41%
SHW B -0.42% 0.08% -0.42%
SMCI F -0.3% 0.1% -0.3%
SNA B 0.39% 0.26% 0.26%
T B 0.43% 0.4% 0.4%
TDY C 0.41% 0.04% 0.04%
TER D -0.36% 0.14% -0.36%
TFX C -0.42% 0.06% -0.42%
TGT C -0.39% 0.18% -0.39%
TJX C 0.39% 0.81% 0.39%
TMUS C 0.37% 0.37% 0.37%
TROW D -0.38% 0.07% -0.38%
TRV B 0.43% 0.17% 0.17%
TSLA C -0.41% 0.3% -0.41%
TT B -0.4% 0.08% -0.4%
TXT D 0.39% 0.17% 0.17%
UBER C -0.4% 0.11% -0.4%
UNH C 0.4% 0.32% 0.32%
URI B -0.39% 0.14% -0.39%
USB B -0.4% 0.06% -0.4%
VICI C 0.41% 0.08% 0.08%
VRSN D 0.4% 0.27% 0.27%
VST C -0.36% 0.26% -0.36%
VTRS C 0.39% 0.27% 0.27%
VZ B 0.4% 0.36% 0.36%
WBA F -0.38% 0.38% -0.38%
WEC B 0.41% 0.09% 0.09%
WELL B 0.42% 0.14% 0.14%
WM D 0.39% 0.19% 0.19%
WRB C 0.4% 0.16% 0.16%
WTW B 0.39% 0.04% 0.04%
XEL A 0.42% 0.09% 0.09%
XOM D 0.38% 0.79% 0.38%
YUM D 0.4% 0.49% 0.4%
BTAL Overweight 203 Positions Relative to SSPY
Symbol Grade Weight
ERIE A 0.44%
MKL C 0.44%
NWL D 0.43%
WPC B 0.42%
ELS C 0.42%
THG A 0.42%
RNR B 0.42%
PNM B 0.41%
CACI B 0.41%
OHI A 0.41%
GLPI B 0.41%
RLI B 0.41%
HEI B 0.41%
RGA B 0.41%
SAIC C 0.41%
ADC C 0.41%
NEU D 0.41%
FLO C 0.41%
ARMK B 0.41%
CCK A 0.41%
BILL D 0.41%
SBRA B 0.41%
MDU B 0.4%
UNM B 0.4%
RYAN C 0.4%
FCN C 0.4%
SLGN B 0.4%
AXS B 0.4%
UTHR C 0.4%
LNG D 0.4%
VFC C 0.4%
COLM B 0.4%
ORI A 0.4%
DOX C 0.4%
EDR A 0.4%
WH B 0.4%
WEN C 0.4%
HQY C 0.4%
SIGI C 0.4%
PCTY C 0.39%
CHE C 0.39%
CACC D 0.39%
IBKR B 0.39%
TXRH D 0.39%
SFM B 0.39%
CHH C 0.39%
G C 0.39%
MUSA C 0.39%
FOXF F 0.39%
ZI D 0.39%
HRB C 0.39%
ARW C 0.38%
BWXT D 0.38%
PAG D 0.38%
CLH B 0.38%
ASGN D 0.38%
DBX D 0.38%
TGNA C 0.38%
MAN C 0.38%
ALSN B 0.38%
DLB D 0.38%
MSM D 0.38%
KBR D 0.37%
MUR D 0.37%
LPLA D 0.37%
CW B 0.37%
OLLI C 0.37%
AVT D 0.37%
TNET D 0.37%
JAZZ D 0.37%
MSA C 0.37%
SRPT F 0.37%
BMRN F 0.37%
ST D 0.37%
CFLT F 0.37%
SNX D 0.36%
AGL F 0.35%
WTM F 0.34%
MSTR D 0.33%
X D 0.33%
WOLF F -0.28%
COIN F -0.3%
SEDG F -0.31%
CNM F -0.31%
CELH F -0.31%
BRZE F -0.32%
ZS F -0.33%
ELF F -0.33%
CAR F -0.33%
OPEN D -0.33%
RMBS F -0.34%
RIG F -0.34%
AA D -0.34%
AMKR F -0.35%
XPO D -0.35%
NTLA F -0.35%
COHR B -0.35%
OC C -0.35%
CVNA B -0.35%
WMS D -0.36%
POWI F -0.36%
HOOD C -0.36%
MKSI F -0.36%
MTDR D -0.36%
DKS D -0.36%
RUN C -0.36%
RIVN F -0.37%
DELL D -0.37%
GH D -0.37%
LITE B -0.37%
SNAP F -0.37%
CHX D -0.37%
SOFI C -0.37%
CC F -0.37%
GTLS F -0.37%
VRT C -0.37%
DAR F -0.37%
NVCR D -0.38%
ILMN C -0.38%
RH B -0.38%
BLD D -0.38%
ARWR F -0.38%
NET F -0.38%
OZK D -0.38%
NTRA B -0.38%
PATH D -0.38%
PINS F -0.38%
Z B -0.38%
NVT D -0.38%
THO D -0.38%
FOUR C -0.38%
SSD C -0.38%
ROKU C -0.38%
CRSP F -0.38%
SQ D -0.38%
ZION D -0.38%
ALLY F -0.38%
CG C -0.38%
APG D -0.38%
OWL C -0.38%
WCC C -0.38%
LNC D -0.38%
EXP B -0.39%
TPG B -0.39%
DASH C -0.39%
PFGC B -0.39%
AR D -0.39%
SMG C -0.39%
CWEN B -0.39%
LPX B -0.39%
TXG D -0.39%
LYFT D -0.39%
KRC B -0.39%
MRVL C -0.39%
RKT B -0.39%
RRC D -0.39%
FND C -0.39%
DINO D -0.39%
TREX F -0.39%
SNV C -0.39%
TOST B -0.39%
ITT C -0.39%
COTY F -0.39%
PNFP B -0.39%
PTON C -0.39%
PENN D -0.39%
RBLX B -0.4%
PLTR B -0.4%
W D -0.4%
WAL B -0.4%
UGI C -0.4%
CMA B -0.4%
USFD B -0.4%
DUOL B -0.4%
JLL B -0.4%
TOL B -0.4%
SEE D -0.4%
HHH C -0.4%
AXTA C -0.4%
VNO B -0.4%
TRU B -0.4%
TTD B -0.4%
JHG B -0.4%
DNLI B -0.41%
LAMR A -0.41%
CNXC D -0.41%
NWE A -0.41%
PEN D -0.41%
RGEN F -0.41%
AGNC A -0.41%
DKNG D -0.41%
ELAN D -0.41%
RYN C -0.42%
KSS F -0.42%
SHLS D -0.43%
TDOC D -0.43%
IOT A -0.43%
SAIA D -0.43%
VEEV C -0.44%
GME F -0.47%
MDB D -0.49%
AFRM C -0.49%
FYBR C -0.5%
BTAL Underweight 311 Positions Relative to SSPY
Symbol Grade Weight
WMT B -0.86%
SYY D -0.83%
COST C -0.78%
SYF C -0.77%
ROST C -0.77%
DFS C -0.73%
COF C -0.71%
CVX D -0.69%
CVS D -0.62%
CHTR D -0.59%
SBUX C -0.58%
BRK.A C -0.57%
KVUE B -0.55%
EA D -0.53%
CLX C -0.53%
CMCSA D -0.53%
AAPL D -0.52%
TTWO D -0.49%
MPC D -0.48%
CL C -0.48%
PSX D -0.47%
PM C -0.47%
TSN C -0.46%
MO C -0.46%
VLO D -0.45%
KMB D -0.45%
PG C -0.45%
META A -0.44%
TYL C -0.41%
HRL C -0.4%
UHS B -0.4%
DPZ F -0.4%
NOW A -0.39%
NI B -0.39%
HCA B -0.38%
GRMN D -0.38%
ATO B -0.38%
APTV D -0.37%
OMC A -0.37%
ADM D -0.37%
IPG C -0.35%
CRM D -0.35%
ORCL B -0.34%
EXC B -0.33%
DHI B -0.33%
SLB F -0.31%
TPR C -0.3%
TRGP B -0.3%
JBL D -0.29%
FE C -0.29%
PHM B -0.29%
SWK B -0.29%
EQIX B -0.29%
RL B -0.29%
HAL F -0.29%
LEN B -0.29%
EIX C -0.29%
AEP B -0.29%
NVR B -0.29%
OKE B -0.29%
GDDY C -0.29%
PEG B -0.28%
DTE B -0.28%
NEE B -0.28%
ZTS B -0.28%
TAP C -0.28%
ETR A -0.28%
CDNS D -0.27%
CTLT B -0.27%
WMB B -0.27%
REGN C -0.27%
LOW B -0.27%
KDP A -0.27%
HAS B -0.27%
GS D -0.27%
MS D -0.26%
LLY C -0.26%
K A -0.26%
SNPS D -0.26%
HD B -0.26%
MNST C -0.26%
DLR B -0.26%
GL C -0.26%
VRTX D -0.25%
STZ C -0.25%
AIG D -0.25%
CAG B -0.25%
MHK B -0.25%
INCY C -0.25%
AFL B -0.25%
RJF C -0.25%
HUBB B -0.25%
GM B -0.25%
NKE D -0.25%
NUE F -0.23%
TXN C -0.23%
STLD D -0.23%
SJM C -0.23%
INTU D -0.23%
CTAS C -0.22%
MET A -0.22%
NFLX B -0.22%
CNP C -0.22%
MRK D -0.22%
CAH C -0.22%
CPRT D -0.21%
PFG B -0.21%
QRVO F -0.21%
PNR B -0.21%
HSIC C -0.21%
MAS B -0.21%
ADI D -0.21%
MMM B -0.21%
SWKS F -0.21%
KEYS C -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%
PRU C -0.2%
HSY C -0.2%
PEP C -0.2%
IEX D -0.19%
AAL D -0.19%
GOOG D -0.19%
GOOGL D -0.19%
BBY B -0.19%
ADSK B -0.19%
NXPI D -0.19%
ROL C -0.19%
STX D -0.19%
XYL D -0.18%
GE B -0.18%
DIS D -0.18%
AOS C -0.18%
IR C -0.18%
NTAP D -0.18%
PANW D -0.18%
ADBE D -0.18%
TEL D -0.18%
UAL B -0.18%
QCOM D -0.17%
APH D -0.17%
DOV B -0.17%
EBAY B -0.17%
ITW B -0.17%
WY C -0.17%
TMO C -0.16%
LW D -0.16%
WDC D -0.16%
WAT C -0.16%
IQV C -0.16%
PTC D -0.16%
ANSS F -0.16%
HPE D -0.16%
ULTA D -0.16%
MLM D -0.15%
LKQ D -0.15%
VMC D -0.15%
IT B -0.15%
A C -0.15%
BA F -0.15%
EPAM D -0.15%
GWW B -0.14%
TECH C -0.14%
PSA B -0.14%
JPM D -0.14%
KLAC D -0.14%
AMZN C -0.14%
STE C -0.14%
FSLR C -0.14%
CTRA F -0.14%
LDOS C -0.14%
VTR C -0.14%
ISRG C -0.14%
C D -0.13%
BAC D -0.13%
POOL C -0.13%
MAA B -0.13%
WAB A -0.13%
CAT C -0.13%
DE B -0.13%
SYK C -0.13%
BK A -0.13%
STT A -0.13%
ETSY F -0.13%
MTD D -0.13%
FAST C -0.13%
ZBRA B -0.13%
DVA B -0.12%
BR D -0.12%
WFC D -0.12%
ESS B -0.12%
FOX B -0.12%
CDW D -0.12%
BALL C -0.12%
TSCO C -0.12%
BKNG B -0.12%
AME C -0.12%
ZBH F -0.12%
UDR B -0.12%
AMAT D -0.12%
CPT B -0.12%
EXR B -0.12%
DOC C -0.12%
DLTR F -0.11%
MAR C -0.11%
DG F -0.11%
MCHP D -0.11%
INVH C -0.11%
HLT B -0.11%
BIO C -0.1%
HOLX B -0.1%
NWSA D -0.1%
NSC C -0.1%
NWS D -0.1%
HST D -0.1%
ALLE B -0.09%
LHX D -0.09%
AMP B -0.09%
SO B -0.09%
ABNB D -0.09%
NCLH C -0.09%
EVRG A -0.09%
PH B -0.09%
ES C -0.09%
PPL C -0.09%
DHR B -0.09%
HWM B -0.09%
RCL B -0.09%
CTVA B -0.09%
ODFL C -0.09%
JBHT D -0.09%
IVZ C -0.09%
HII C -0.09%
GEHC C -0.09%
UNP B -0.09%
FDX C -0.09%
FRT C -0.08%
CCI B -0.08%
UPS D -0.08%
SBAC C -0.08%
AMT C -0.08%
KIM B -0.08%
EXPD B -0.08%
CMI C -0.08%
IRM B -0.08%
PCG C -0.08%
SRE B -0.08%
FITB B -0.07%
HBAN B -0.07%
PPG C -0.07%
MTB B -0.07%
IP B -0.07%
PNC B -0.07%
TFC D -0.07%
KEY B -0.07%
LYB F -0.07%
BSX B -0.07%
COP D -0.07%
MRO D -0.07%
ABT C -0.07%
MDT C -0.07%
OTIS D -0.07%
TDG B -0.07%
SPG B -0.07%
EOG D -0.07%
JCI B -0.07%
BEN F -0.07%
FICO A -0.06%
SW B -0.06%
WYNN D -0.06%
BAX C -0.06%
MKTX C -0.06%
FIS B -0.06%
AVY D -0.06%
JKHY B -0.06%
DXCM F -0.06%
SOLV C -0.06%
LVS D -0.06%
DOW D -0.06%
HES D -0.06%
APA F -0.06%
WST D -0.05%
V B -0.05%
MSCI C -0.05%
EMN B -0.05%
MCO A -0.05%
ECL B -0.05%
APD B -0.05%
SPGI B -0.05%
AXP B -0.05%
BDX F -0.05%
MA B -0.05%
IFF B -0.05%
LIN B -0.05%
GPN D -0.05%
ICE B -0.05%
CPAY B -0.05%
NDAQ B -0.05%
FDS C -0.04%
VRSK D -0.04%
AJG C -0.04%
EMR D -0.03%
FTV C -0.03%
TRMB C -0.03%
ROK D -0.03%
NDSN C -0.03%
VLTO C -0.03%
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