IAK vs. SMDY ETF Comparison

Comparison of iShares U.S. Insurance ETF (IAK) to Syntax Stratified MidCap ETF (SMDY)

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$115.11

Average Daily Volume

70,278

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMDY

Syntax Stratified MidCap ETF

SMDY 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 comprising the Syntax Stratified MidCap 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 MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$42.21

Average Daily Volume

257

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

Performance

Period	IAK	SMDY
30 Days	2.03%	0.01%
60 Days	-0.97%	-1.09%
90 Days	4.10%	0.32%
12 Months	32.31%	9.83%

14 Overlapping Holdings

Symbol	Grade	Weight in IAK	Weight in SMDY	Overlap
AFG	D	1.13%	0.17%	0.17%
BHF	D	0.4%	0.36%	0.36%
CNO	A	0.42%	0.35%	0.35%
ERIE	D	1.28%	0.35%	0.35%
FAF	D	0.79%	0.3%	0.3%
FNF	C	1.67%	0.3%	0.3%
KMPR	B	0.52%	0.35%	0.35%
KNSL	F	1.18%	0.16%	0.16%
ORI	C	1.09%	0.17%	0.17%
PRI	B	1.15%	0.36%	0.36%
RLI	D	0.8%	0.16%	0.16%
SIGI	D	0.8%	0.17%	0.17%
THG	D	0.65%	0.18%	0.18%
UNM	D	1.19%	0.35%	0.35%

IAK Overweight 39 Positions Relative to SMDY

Symbol	Grade	Weight
PGR	B	15.39%
CB	D	12.92%
AIG	C	6.23%
TRV	D	5.81%
PRU	A	4.6%
AFL	A	4.53%
MET	C	4.53%
ACGL	D	4.5%
ALL	D	4.45%
HIG	C	4.1%
MKL	D	2.85%
CINF	B	2.58%
PFG	C	2.37%
WRB	D	2.22%
L	C	1.89%
AIZ	D	1.19%
GL	D	0.98%
AXS	B	0.77%
WTM	D	0.63%
AGO	C	0.57%
LNC	B	0.56%
OSCR	D	0.36%
PLMR	C	0.3%
GNW	D	0.23%
STC	B	0.22%
SKWD	C	0.21%
MCY	D	0.21%
CNA	A	0.19%
HMN	D	0.17%
NWLI	A	0.17%
TRUP	C	0.16%
LMND	C	0.16%
AMSF	D	0.14%
SAFT	C	0.11%
AMBC	F	0.1%
EIG	B	0.1%
UFCS	D	0.08%
PRA	F	0.08%
JRVR	F	0.05%

IAK Underweight 376 Positions Relative to SMDY

Symbol	Grade	Weight
COTY	F	-1.74%
SMG	D	-1.69%
LITE	B	-1.35%
FYBR	B	-1.23%
IRDM	F	-1.19%
CIEN	F	-1.18%
ZD	F	-1.15%
DOCS	C	-1.04%
QLYS	F	-0.82%
DT	F	-0.77%
AMKR	B	-0.68%
LNW	B	-0.66%
SBRA	B	-0.63%
WING	D	-0.62%
OHI	A	-0.61%
ACHC	F	-0.6%
DLB	D	-0.6%
TXRH	D	-0.59%
ARMK	C	-0.59%
THC	B	-0.58%
WEN	D	-0.57%
PSTG	B	-0.55%
SRPT	C	-0.53%
MTSI	B	-0.51%
ALGM	C	-0.51%
COKE	C	-0.5%
RMBS	C	-0.5%
LSCC	F	-0.49%
ONTO	C	-0.49%
CRUS	B	-0.49%
MKSI	B	-0.48%
UTHR	B	-0.47%
BRBR	D	-0.47%
LAD	D	-0.45%
PAG	C	-0.45%
SLAB	F	-0.45%
CAR	F	-0.45%
HALO	B	-0.45%
SYNA	F	-0.45%
POWI	D	-0.45%
POST	B	-0.45%
WBS	C	-0.43%
CYTK	D	-0.43%
AN	C	-0.43%
EXEL	B	-0.43%
NBIX	B	-0.43%
PRGO	F	-0.42%
CELH	F	-0.42%
IBKR	D	-0.41%
GMED	A	-0.41%
BMRN	C	-0.41%
ARWR	C	-0.41%
SF	B	-0.41%
MEDP	B	-0.4%
ASB	C	-0.4%
ENOV	F	-0.39%
ILMN	D	-0.39%
HAE	C	-0.39%
JAZZ	F	-0.39%
LIVN	F	-0.39%
AZTA	D	-0.38%
RGEN	F	-0.38%
TMHC	C	-0.38%
KBH	B	-0.38%
TOL	C	-0.37%
NVST	F	-0.36%
EQH	A	-0.35%
CVLT	B	-0.34%
APPF	B	-0.34%
HRB	C	-0.33%
PPC	C	-0.33%
NXST	B	-0.33%
MANH	C	-0.33%
DBX	F	-0.33%
TGNA	C	-0.32%
ALTR	B	-0.32%
SFM	B	-0.32%
TDC	D	-0.32%
CG	C	-0.31%
FHI	B	-0.31%
DAR	F	-0.31%
WEX	F	-0.31%
MSA	B	-0.31%
LOPE	C	-0.31%
JHG	B	-0.31%
CPRI	D	-0.31%
NYT	B	-0.31%
ZI	F	-0.31%
MTG	A	-0.31%
SAM	D	-0.31%
AMG	C	-0.31%
BLKB	D	-0.31%
MORN	B	-0.31%
OSK	D	-0.3%
VNT	C	-0.3%
GHC	C	-0.3%
RGA	A	-0.3%
HQY	D	-0.3%
LANC	D	-0.3%
VOYA	D	-0.3%
WU	D	-0.3%
LECO	F	-0.3%
PCTY	F	-0.3%
ESAB	D	-0.3%
ESNT	B	-0.3%
USFD	D	-0.3%
SEIC	C	-0.3%
TEX	D	-0.3%
JWN	A	-0.3%
BURL	A	-0.3%
ELF	B	-0.3%
CGNX	C	-0.3%
DUOL	F	-0.29%
NSP	F	-0.29%
WMG	F	-0.29%
RNR	D	-0.29%
M	C	-0.29%
FLO	F	-0.29%
INGR	D	-0.29%
MIDD	D	-0.29%
BJ	B	-0.29%
MMS	B	-0.29%
IPGP	D	-0.29%
ST	C	-0.29%
CROX	D	-0.28%
PFGC	F	-0.28%
COLM	D	-0.28%
GPS	C	-0.28%
FIVE	F	-0.28%
CRI	F	-0.28%
EEFT	D	-0.28%
DKS	C	-0.27%
PVH	D	-0.27%
ALLY	A	-0.27%
SLM	C	-0.27%
TTC	C	-0.27%
AGCO	F	-0.27%
SKX	D	-0.27%
OGE	B	-0.26%
IDA	C	-0.26%
PGNY	D	-0.25%
ALE	C	-0.25%
NWE	C	-0.25%
GME	C	-0.25%
POR	C	-0.25%
AMED	A	-0.25%
EHC	B	-0.24%
ORA	C	-0.24%
PNM	D	-0.24%
OLLI	A	-0.24%
THO	D	-0.23%
SR	B	-0.23%
AM	B	-0.23%
OPCH	D	-0.23%
DTM	B	-0.23%
BKH	C	-0.23%
PLNT	B	-0.23%
VC	F	-0.23%
PBF	F	-0.23%
OGS	C	-0.23%
KEX	B	-0.23%
CHE	F	-0.23%
NVT	D	-0.22%
AYI	D	-0.22%
SWX	D	-0.22%
LFUS	C	-0.22%
PII	F	-0.22%
WTRG	C	-0.22%
UGI	D	-0.22%
GNTX	C	-0.22%
CASY	B	-0.22%
ENS	B	-0.22%
HOG	D	-0.22%
NJR	C	-0.22%
NFG	C	-0.22%
CNXC	D	-0.22%
DINO	F	-0.22%
AMH	C	-0.21%
BC	D	-0.21%
ETRN	D	-0.21%
WSM	C	-0.21%
MUSA	B	-0.21%
EXLS	B	-0.21%
SCI	C	-0.21%
NSA	B	-0.2%
CHX	D	-0.2%
CUBE	B	-0.2%
WFRD	B	-0.2%
ELS	C	-0.2%
SAIC	D	-0.2%
G	D	-0.2%
IRT	B	-0.2%
KD	C	-0.2%
XRAY	F	-0.19%
BCO	B	-0.19%
SAIA	D	-0.19%
NOV	C	-0.19%
AA	D	-0.19%
PEN	F	-0.19%
KNX	C	-0.19%
CACI	B	-0.19%
RYAN	C	-0.19%
JEF	A	-0.19%
SHC	D	-0.18%
WHR	C	-0.18%
CMC	C	-0.18%
SRCL	B	-0.18%
RGLD	A	-0.18%
CLF	F	-0.18%
LSTR	F	-0.18%
VAL	B	-0.18%
X	C	-0.18%
XPO	D	-0.18%
GXO	D	-0.18%
RS	C	-0.17%
RBA	B	-0.17%
CLH	B	-0.17%
MP	F	-0.17%
FLR	A	-0.17%
TPX	D	-0.16%
LNTH	B	-0.16%
EVR	A	-0.16%
LII	B	-0.16%
RH	D	-0.16%
ACM	D	-0.15%
ASGN	D	-0.15%
EXPO	B	-0.15%
JLL	A	-0.15%
FIX	D	-0.15%
HELE	F	-0.15%
GATX	A	-0.15%
YETI	D	-0.15%
KBR	D	-0.15%
BRKR	F	-0.15%
R	C	-0.15%
FCN	C	-0.15%
MAT	F	-0.15%
HLI	A	-0.15%
EME	D	-0.14%
MTZ	D	-0.14%
NEOG	C	-0.14%
UA	D	-0.14%
UAA	D	-0.14%
MAN	F	-0.14%
BLD	C	-0.14%
TTEK	D	-0.14%
EXP	D	-0.13%
NOVT	C	-0.13%
VSH	C	-0.13%
RCM	D	-0.13%
COHR	B	-0.13%
BYD	C	-0.13%
MDU	C	-0.13%
FND	F	-0.13%
OLED	B	-0.13%
GLPI	B	-0.13%
MASI	F	-0.13%
TREX	D	-0.13%
CHDN	B	-0.13%
KNF	C	-0.13%
CFR	C	-0.12%
UMBF	A	-0.12%
LPX	D	-0.12%
CBSH	B	-0.12%
TCBI	B	-0.12%
WTFC	B	-0.12%
HWC	A	-0.12%
PCH	F	-0.12%
BDC	C	-0.12%
RYN	F	-0.12%
FHN	A	-0.12%
GT	F	-0.11%
ALV	D	-0.11%
ADNT	F	-0.11%
LEA	F	-0.11%
WOLF	F	-0.11%
WLK	D	-0.1%
DCI	D	-0.1%
HGV	C	-0.1%
GGG	D	-0.1%
AVNT	D	-0.1%
CUZ	B	-0.1%
ASH	D	-0.1%
AXTA	C	-0.1%
PK	F	-0.1%
WTS	D	-0.1%
H	B	-0.1%
TNL	C	-0.1%
WH	C	-0.1%
GTLS	C	-0.1%
FLS	C	-0.1%
KRC	C	-0.1%
VNO	C	-0.1%
CHH	C	-0.1%
VVV	B	-0.1%
HXL	D	-0.1%
SSD	C	-0.09%
WMS	D	-0.09%
RBC	C	-0.09%
NEU	D	-0.09%
CC	F	-0.09%
OLN	D	-0.09%
CBT	D	-0.09%
MTN	F	-0.09%
RPM	D	-0.09%
VAC	F	-0.09%
CW	B	-0.08%
CR	C	-0.08%
MSM	F	-0.08%
OVV	D	-0.08%
BWXT	C	-0.08%
FR	B	-0.08%
WPC	C	-0.08%
MUR	D	-0.08%
EGP	B	-0.08%
REXR	C	-0.08%
CHRD	D	-0.08%
CIVI	D	-0.08%
OC	C	-0.08%
MTDR	C	-0.08%
STAG	B	-0.08%
CSL	B	-0.08%
AAON	C	-0.08%
PR	C	-0.08%
VMI	B	-0.08%
TKR	D	-0.08%
ATR	D	-0.08%
IBOC	A	-0.07%
PB	C	-0.07%
PNFP	C	-0.07%
FFIN	C	-0.07%
FNB	A	-0.07%
ZION	A	-0.07%
COLB	C	-0.07%
ADC	B	-0.07%
NNN	A	-0.07%
KRG	B	-0.07%
EPR	C	-0.07%
SNX	D	-0.07%
OZK	C	-0.07%
ONB	A	-0.07%
BRX	B	-0.07%
SSB	B	-0.07%
NYCB	D	-0.07%
SNV	A	-0.07%
LAMR	C	-0.07%
WCC	D	-0.07%
ARW	D	-0.07%
RRX	D	-0.07%
WSO	B	-0.07%
TPL	B	-0.07%
CACC	C	-0.07%
CHK	D	-0.07%
CNM	D	-0.07%
RRC	D	-0.07%
AIT	C	-0.07%
SWN	D	-0.07%
AVT	C	-0.07%
WWD	D	-0.07%
AR	D	-0.07%
ITT	C	-0.07%
CNX	B	-0.07%
UFPI	C	-0.06%
BERY	C	-0.06%
STWD	C	-0.06%
UBSI	C	-0.06%
VLY	D	-0.06%
EWBC	C	-0.06%
HOMB	B	-0.06%
GBCI	C	-0.06%
CADE	B	-0.06%
SON	F	-0.05%
GEF	D	-0.05%
CCK	D	-0.05%
SLGN	D	-0.05%
GPK	D	-0.05%