IGM vs. SHUS ETF Comparison

Comparison of iShares North American Tech ETF (IGM) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

IGM

iShares North American Tech ETF

IGM Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Sector IndexTM (the "underlying index"). 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. The underlying index measures the performance of U.S.-traded stocks of technology-related companies in the United States and Canada. Components primarily include information technology and technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$100.95

Average Daily Volume

245,941

Number of Holdings ^*

270

* 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	IGM	SHUS
30 Days	4.30%	2.26%
60 Days	6.84%	3.81%
90 Days	7.57%	5.24%
12 Months	43.23%	15.89%

75 Overlapping Holdings

Symbol	Grade	Weight in IGM	Weight in SHUS	Overlap
AAPL	C	7.98%	0.49%	0.49%
ACN	C	1.74%	0.13%	0.13%
ADBE	C	1.75%	0.15%	0.15%
ADI	D	0.8%	0.22%	0.22%
ADSK	A	0.51%	0.16%	0.16%
AKAM	D	0.1%	0.26%	0.1%
AMAT	F	1.1%	0.17%	0.17%
AMD	F	1.71%	0.14%	0.14%
ANET	C	0.75%	0.21%	0.21%
ANSS	B	0.23%	0.17%	0.17%
APH	A	0.67%	0.18%	0.18%
AVGO	D	4.19%	0.22%	0.22%
CDNS	B	0.62%	0.33%	0.33%
CDW	F	0.19%	0.12%	0.12%
CRM	B	2.47%	0.35%	0.35%
CRWD	B	0.61%	0.18%	0.18%
CSCO	B	1.81%	0.21%	0.21%
CTSH	B	0.3%	0.13%	0.13%
DELL	C	0.3%	0.17%	0.17%
EA	A	0.3%	0.48%	0.3%
ENPH	F	0.06%	0.25%	0.06%
EPAM	C	0.11%	0.13%	0.11%
FFIV	B	0.11%	0.2%	0.11%
FICO	B	0.43%	0.03%	0.03%
FSLR	F	0.16%	0.2%	0.16%
FTNT	C	0.47%	0.17%	0.17%
GDDY	A	0.2%	0.26%	0.2%
GEN	B	0.13%	0.17%	0.13%
GLW	B	0.28%	0.19%	0.19%
GOOG	C	3.99%	0.22%	0.22%
GOOGL	C	4.83%	0.22%	0.22%
HPE	B	0.21%	0.19%	0.19%
HPQ	B	0.28%	0.34%	0.28%
IBM	C	1.48%	0.33%	0.33%
INTC	D	0.81%	0.16%	0.16%
INTU	C	1.51%	0.2%	0.2%
IT	C	0.32%	0.13%	0.13%
JBL	B	0.11%	0.37%	0.11%
JNPR	F	0.09%	0.19%	0.09%
KEYS	A	0.2%	0.2%	0.2%
KLAC	D	0.65%	0.17%	0.17%
MCHP	D	0.26%	0.13%	0.13%
META	D	8.33%	0.46%	0.46%
MPWR	F	0.22%	0.21%	0.21%
MSFT	F	7.68%	0.32%	0.32%
MSI	B	0.64%	0.49%	0.49%
MTCH	D	0.06%	0.46%	0.06%
MU	D	0.84%	0.15%	0.15%
NFLX	A	2.77%	0.22%	0.22%
NOW	A	1.63%	0.22%	0.22%
NTAP	C	0.19%	0.17%	0.17%
NVDA	C	9.42%	0.13%	0.13%
NXPI	D	0.43%	0.23%	0.23%
ON	D	0.22%	0.22%	0.22%
ORCL	B	2.3%	0.34%	0.34%
PANW	C	0.98%	0.16%	0.16%
PLTR	B	1.04%	0.22%	0.22%
PTC	A	0.18%	0.17%	0.17%
QCOM	F	1.4%	0.22%	0.22%
QRVO	F	0.05%	0.21%	0.05%
ROP	B	0.46%	0.03%	0.03%
SMCI	F	0.07%	0.15%	0.07%
SNPS	B	0.63%	0.34%	0.34%
STX	D	0.16%	0.17%	0.16%
SWKS	F	0.1%	0.21%	0.1%
TDY	B	0.17%	0.03%	0.03%
TEL	B	0.35%	0.19%	0.19%
TER	D	0.13%	0.16%	0.13%
TRMB	B	0.14%	0.03%	0.03%
TTWO	A	0.23%	0.48%	0.23%
TXN	C	1.44%	0.22%	0.22%
TYL	B	0.2%	0.21%	0.2%
VRSN	F	0.12%	0.27%	0.12%
WDC	D	0.16%	0.17%	0.16%
ZBRA	B	0.16%	0.13%	0.13%

IGM Overweight 195 Positions Relative to SHUS

Symbol	Grade	Weight
LRCX	F	0.72%
MRVL	B	0.6%
APP	B	0.49%
MSTR	C	0.47%
WDAY	B	0.43%
SNOW	C	0.33%
DDOG	A	0.31%
TEAM	A	0.3%
HUBS	A	0.27%
RBLX	C	0.21%
NET	B	0.21%
ZM	B	0.17%
MDB	C	0.16%
ZS	C	0.15%
DOCU	A	0.13%
MANH	D	0.13%
NTNX	A	0.13%
PINS	D	0.13%
ENTG	D	0.12%
PSTG	D	0.12%
TWLO	A	0.12%
DT	C	0.12%
GWRE	A	0.12%
COHR	B	0.11%
SNAP	C	0.09%
OKTA	C	0.09%
CIEN	B	0.08%
IOT	A	0.08%
BILL	A	0.07%
FN	D	0.07%
SNX	C	0.07%
MKSI	C	0.06%
MTSI	B	0.06%
BSY	D	0.06%
ESTC	C	0.06%
OLED	D	0.06%
PCOR	B	0.06%
CVLT	B	0.06%
S	B	0.06%
SMAR	A	0.06%
ONTO	D	0.06%
VRNS	D	0.05%
VNT	B	0.05%
QTWO	A	0.05%
LFUS	F	0.05%
ARW	D	0.05%
NOVT	D	0.05%
ALTR	B	0.05%
MARA	C	0.05%
BMI	B	0.05%
DBX	B	0.05%
KD	B	0.05%
AZPN	A	0.05%
SPSC	C	0.05%
CFLT	B	0.05%
LSCC	D	0.05%
CGNX	C	0.05%
GTLB	B	0.05%
IDCC	A	0.04%
AVT	C	0.04%
WK	B	0.04%
CWAN	B	0.04%
CCCS	B	0.04%
BOX	B	0.04%
TENB	C	0.04%
AUR	C	0.04%
BDC	B	0.04%
U	C	0.04%
HCP	B	0.04%
ITRI	B	0.04%
APPF	B	0.04%
IONQ	B	0.04%
CRUS	D	0.04%
QLYS	C	0.04%
PATH	C	0.04%
LITE	B	0.04%
RMBS	C	0.04%
CRDO	B	0.04%
ACIW	B	0.04%
SLAB	D	0.03%
BLKB	B	0.03%
SMTC	B	0.03%
IAC	D	0.03%
RIOT	C	0.03%
POWI	D	0.03%
CLSK	C	0.03%
SITM	B	0.03%
ZETA	D	0.03%
NCNO	B	0.03%
PEGA	A	0.03%
DXC	B	0.03%
ASGN	F	0.03%
PI	D	0.03%
AEIS	B	0.03%
SANM	B	0.03%
PLXS	B	0.03%
NSIT	F	0.03%
DLB	B	0.03%
VYX	B	0.02%
IPGP	D	0.02%
BRZE	C	0.02%
EXTR	B	0.02%
PLUS	F	0.02%
VIAV	B	0.02%
AMBA	B	0.02%
YOU	D	0.02%
DOCN	D	0.02%
ALKT	B	0.02%
TTMI	B	0.02%
ACLS	F	0.02%
VERX	B	0.02%
OSIS	B	0.02%
ZD	C	0.02%
YELP	C	0.02%
DIOD	D	0.02%
KLIC	B	0.02%
RPD	C	0.02%
AGYS	A	0.02%
CXT	B	0.02%
DV	C	0.02%
MIR	A	0.02%
INTA	A	0.02%
TDC	D	0.02%
FIVN	C	0.02%
AMKR	D	0.02%
AI	B	0.02%
FRSH	C	0.02%
ZI	D	0.02%
FORM	D	0.02%
ALGM	D	0.02%
PRGS	A	0.02%
SYNA	C	0.02%
ALRM	C	0.02%
RNG	B	0.02%
BL	B	0.02%
CARG	C	0.02%
SWI	B	0.01%
ZIP	F	0.01%
NTGR	B	0.01%
NABL	F	0.01%
SSTK	F	0.01%
BMBL	C	0.01%
FSLY	D	0.01%
CNXN	C	0.01%
GDYN	B	0.01%
WOLF	F	0.01%
COMM	D	0.01%
CXM	C	0.01%
PDFS	C	0.01%
AAOI	B	0.01%
XRX	F	0.01%
JAMF	F	0.01%
PRO	C	0.01%
ICHR	C	0.01%
MXL	C	0.01%
DGII	B	0.01%
ASAN	C	0.01%
COHU	C	0.01%
ATEN	B	0.01%
ADEA	D	0.01%
NSSC	D	0.01%
MTTR	B	0.01%
ZUO	B	0.01%
HLIT	D	0.01%
INFN	C	0.01%
SPT	C	0.01%
VRNT	C	0.01%
AVPT	A	0.01%
APPN	B	0.01%
VECO	F	0.01%
PLAB	C	0.01%
DBD	C	0.01%
TRIP	F	0.01%
UCTT	D	0.01%
NTCT	C	0.01%
KN	B	0.01%
CTS	C	0.01%
BHE	B	0.01%
ROG	D	0.01%
CALX	D	0.01%
VSH	D	0.01%
PD	C	0.01%
ENV	B	0.01%
RAMP	C	0.01%
AVNW	F	0.0%
CRSR	C	0.0%
CLFD	D	0.0%
RBBN	C	0.0%
SEMR	B	0.0%
PLTK	B	0.0%
ADTN	A	0.0%
VSAT	F	0.0%
MLNK	B	0.0%
SEDG	F	0.0%
ETWO	F	0.0%

IGM Underweight 425 Positions Relative to SHUS

Symbol	Grade	Weight
CVX	A	-0.75%
XOM	B	-0.75%
KR	B	-0.73%
SYY	B	-0.73%
WMT	A	-0.72%
ROST	C	-0.71%
TJX	A	-0.71%
COST	B	-0.7%
COF	B	-0.69%
SYF	B	-0.68%
CVS	D	-0.68%
DFS	B	-0.68%
WBA	F	-0.63%
DPZ	C	-0.52%
CMCSA	B	-0.51%
PSX	C	-0.5%
DRI	B	-0.5%
YUM	B	-0.5%
L	A	-0.49%
EL	F	-0.49%
VLO	C	-0.49%
MCD	D	-0.49%
CMG	B	-0.49%
BRK.A	B	-0.49%
SBUX	A	-0.48%
MPC	D	-0.48%
CHTR	C	-0.46%
CLX	B	-0.41%
KVUE	A	-0.41%
KMB	D	-0.41%
PG	A	-0.41%
BWA	D	-0.41%
CHD	B	-0.41%
VST	B	-0.4%
PWR	A	-0.4%
CL	D	-0.4%
APTV	D	-0.39%
J	F	-0.39%
CEG	D	-0.38%
HRL	D	-0.36%
ADM	D	-0.36%
BG	F	-0.36%
PM	B	-0.35%
BKR	B	-0.35%
MO	A	-0.35%
TSN	B	-0.35%
SLB	C	-0.34%
T	A	-0.33%
TMUS	B	-0.33%
NKE	D	-0.33%
IPG	D	-0.33%
OMC	C	-0.33%
HCA	F	-0.33%
HAL	C	-0.33%
AWK	D	-0.32%
RL	B	-0.32%
UHS	D	-0.32%
ATO	A	-0.32%
NI	A	-0.32%
TPR	B	-0.32%
GRMN	B	-0.32%
VZ	C	-0.32%
NRG	B	-0.32%
AES	F	-0.31%
NVR	D	-0.3%
LULU	C	-0.3%
FCX	D	-0.29%
EXC	C	-0.29%
DECK	A	-0.29%
UAL	A	-0.28%
STLD	B	-0.27%
TSLA	B	-0.27%
DAL	C	-0.27%
MS	A	-0.26%
HUM	C	-0.26%
HUBB	B	-0.26%
ETN	A	-0.26%
EQIX	A	-0.26%
SWK	D	-0.26%
DLR	B	-0.26%
ZTS	D	-0.25%
STZ	D	-0.25%
PHM	D	-0.25%
MOH	F	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
SNA	A	-0.25%
BMY	B	-0.25%
INCY	C	-0.25%
SCHW	B	-0.25%
CNP	B	-0.25%
RJF	A	-0.25%
UNH	C	-0.25%
LOW	D	-0.25%
NUE	C	-0.25%
HAS	D	-0.25%
HD	A	-0.25%
PEG	A	-0.25%
GS	A	-0.25%
CNC	D	-0.25%
AEP	D	-0.24%
MRK	F	-0.24%
D	C	-0.24%
TRGP	B	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
ED	D	-0.24%
KDP	D	-0.24%
PFE	D	-0.24%
BIIB	F	-0.24%
ABBV	D	-0.24%
NEE	D	-0.24%
WMB	A	-0.24%
NEM	D	-0.24%
GM	B	-0.24%
LEN	D	-0.24%
ELV	F	-0.24%
KO	D	-0.24%
F	C	-0.24%
DTE	C	-0.24%
GILD	C	-0.24%
CTLT	B	-0.24%
EIX	B	-0.24%
REGN	F	-0.23%
VRTX	F	-0.23%
LLY	F	-0.23%
MRNA	F	-0.23%
AMGN	D	-0.23%
JNJ	D	-0.23%
DHI	D	-0.23%
LW	C	-0.22%
EBAY	D	-0.22%
DAY	B	-0.22%
CPRT	A	-0.22%
KHC	F	-0.21%
AOS	F	-0.21%
MKC	D	-0.21%
SJM	D	-0.21%
MET	A	-0.21%
GIS	D	-0.21%
CAG	D	-0.21%
ADP	B	-0.21%
PAYX	C	-0.21%
PAYC	B	-0.21%
AMZN	C	-0.21%
IR	B	-0.2%
IEX	B	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
CPB	D	-0.2%
ERIE	D	-0.2%
AIZ	A	-0.2%
HSIC	B	-0.2%
PRU	A	-0.2%
DIS	B	-0.2%
PFG	D	-0.2%
CAH	B	-0.19%
XYL	D	-0.19%
MAS	D	-0.19%
PGR	A	-0.19%
WBD	C	-0.19%
BBWI	D	-0.19%
PNR	A	-0.19%
ALL	A	-0.19%
BLDR	D	-0.19%
GL	B	-0.19%
AIG	B	-0.19%
RSG	A	-0.18%
EQT	B	-0.18%
GEV	B	-0.18%
WM	A	-0.18%
MDLZ	F	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
K	A	-0.18%
MCK	B	-0.18%
CI	F	-0.18%
MHK	D	-0.18%
TGT	F	-0.17%
MMM	D	-0.17%
DG	F	-0.17%
GE	D	-0.17%
MLM	B	-0.17%
DOV	A	-0.17%
ITW	B	-0.17%
WY	D	-0.17%
BBY	D	-0.17%
CTRA	B	-0.17%
DLTR	F	-0.17%
VMC	B	-0.17%
HSY	F	-0.17%
PEP	F	-0.17%
ULTA	F	-0.17%
CTAS	B	-0.17%
GD	F	-0.16%
DVN	F	-0.16%
BA	F	-0.16%
DGX	A	-0.16%
LH	C	-0.16%
TXT	D	-0.16%
HON	B	-0.16%
TECH	D	-0.15%
AZO	C	-0.15%
GPC	D	-0.15%
A	D	-0.15%
WAT	B	-0.15%
MTD	D	-0.14%
CRL	C	-0.14%
CINF	A	-0.14%
URI	B	-0.14%
TRV	B	-0.14%
CB	C	-0.14%
HIG	B	-0.14%
CAT	B	-0.14%
ACGL	D	-0.14%
EG	C	-0.14%
ORLY	B	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
TMO	F	-0.14%
POOL	C	-0.13%
WFC	A	-0.13%
GWW	B	-0.13%
C	A	-0.13%
DE	A	-0.13%
WAB	B	-0.13%
BKNG	A	-0.13%
LDOS	C	-0.13%
WRB	A	-0.13%
IQV	D	-0.13%
HLT	A	-0.12%
SYK	C	-0.12%
ABNB	C	-0.12%
MAR	B	-0.12%
EXPE	B	-0.12%
STE	F	-0.12%
ISRG	A	-0.12%
BAC	A	-0.12%
BALL	D	-0.12%
JPM	A	-0.12%
ZBH	C	-0.12%
FAST	B	-0.12%
TSCO	D	-0.12%
PCAR	B	-0.12%
AMCR	D	-0.12%
AME	A	-0.12%
VTR	C	-0.11%
DVA	B	-0.11%
WELL	A	-0.11%
EXR	D	-0.11%
DOC	D	-0.11%
BR	A	-0.11%
BXP	D	-0.11%
HST	C	-0.11%
BK	A	-0.11%
UBER	D	-0.11%
STT	A	-0.11%
HOLX	D	-0.1%
PODD	C	-0.1%
NWSA	B	-0.1%
DHR	F	-0.1%
NWS	B	-0.1%
RVTY	F	-0.1%
ESS	B	-0.1%
INVH	D	-0.1%
EQR	B	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
GEHC	F	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
FOXA	B	-0.1%
AVB	B	-0.1%
PSA	D	-0.1%
ARE	D	-0.1%
CPT	B	-0.1%
AXON	A	-0.09%
EXPD	D	-0.09%
KKR	A	-0.09%
CCL	B	-0.09%
AMP	A	-0.09%
CHRW	C	-0.09%
NCLH	B	-0.09%
CF	B	-0.09%
BLK	C	-0.09%
IVZ	B	-0.09%
LYV	A	-0.09%
RMD	C	-0.09%
DXCM	D	-0.09%
IDXX	F	-0.09%
SO	D	-0.08%
PPL	B	-0.08%
EVRG	A	-0.08%
CARR	D	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
TT	A	-0.08%
JCI	C	-0.08%
PH	A	-0.08%
GNRC	B	-0.08%
UNP	C	-0.08%
WYNN	D	-0.08%
NSC	B	-0.08%
OTIS	C	-0.08%
CMI	A	-0.08%
LMT	D	-0.08%
HII	D	-0.08%
NOC	D	-0.08%
BX	A	-0.08%
RTX	C	-0.08%
ODFL	B	-0.08%
NTRS	A	-0.08%
LVS	C	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CSX	B	-0.08%
CTVA	C	-0.08%
LHX	C	-0.08%
FMC	D	-0.08%
BEN	C	-0.08%
TROW	B	-0.08%
RCL	A	-0.08%
UPS	C	-0.08%
LYB	F	-0.07%
SW	A	-0.07%
FANG	D	-0.07%
OXY	D	-0.07%
PPG	F	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MGM	D	-0.07%
MRO	B	-0.07%
EOG	A	-0.07%
APA	D	-0.07%
DOW	F	-0.07%
HES	B	-0.07%
PNW	B	-0.07%
CE	F	-0.07%
ALLE	D	-0.07%
DUK	C	-0.07%
WEC	A	-0.07%
ES	D	-0.07%
FDX	B	-0.07%
PCG	A	-0.07%
SRE	A	-0.07%
XEL	A	-0.07%
CMS	C	-0.07%
HWM	A	-0.07%
FI	A	-0.06%
KEY	B	-0.06%
RF	A	-0.06%
PNC	B	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
ABT	B	-0.06%
MDT	D	-0.06%
PYPL	B	-0.06%
AMT	D	-0.06%
BSX	B	-0.06%
IP	B	-0.06%
KIM	A	-0.06%
REG	B	-0.06%
AVY	D	-0.06%
FRT	B	-0.06%
PLD	D	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	D	-0.06%
PKG	A	-0.06%
O	D	-0.06%
SPG	B	-0.06%
IRM	D	-0.06%
TDG	D	-0.06%
SHW	A	-0.06%
MA	C	-0.05%
AXP	A	-0.05%
APD	A	-0.05%
SOLV	C	-0.05%
IFF	D	-0.05%
ECL	D	-0.05%
BAX	D	-0.05%
WST	C	-0.05%
BDX	F	-0.05%
TFX	F	-0.05%
EMN	D	-0.05%
ALB	C	-0.05%
DD	D	-0.05%
FIS	C	-0.05%
JKHY	D	-0.05%
HBAN	A	-0.05%
TFC	A	-0.05%
USB	A	-0.05%
CFG	B	-0.05%
FITB	A	-0.05%
EFX	F	-0.04%
WTW	B	-0.04%
MCO	B	-0.04%
AON	A	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
GPN	B	-0.04%
SPGI	C	-0.04%
CBOE	B	-0.04%
VRSK	A	-0.04%
ICE	C	-0.04%
FDS	B	-0.04%
V	A	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
CME	A	-0.04%
LIN	D	-0.04%
MSCI	C	-0.04%
ROK	B	-0.03%
VLTO	D	-0.03%
EMR	A	-0.03%
NDSN	B	-0.03%
FTV	C	-0.03%
AJG	B	-0.03%
MMC	B	-0.03%
BRO	B	-0.03%

IGM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Communication Equipment Semiconductor Equipment & Materials Information Technology Services Internet Content & Information Electronic Components Scientific & Technical Instruments Data Storage Contract Manufacturers Telecom Services Computer Hardware Computer Systems Business Services Capital Markets Consumer Electronics Diversified Industrials Electronic Gaming & Multimedia Electronic Gaming & Multimedia