MDYV vs. SMDY ETF Comparison

Comparison of SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index (MDYV) to Syntax Stratified MidCap ETF (SMDY)

MDYV

SPDR S&P 400 Mid Cap Value ETF (based on S&P MidCap 400 Value Index

MDYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of medium capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P MidCap 400 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the mid-capitalization value sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$79.86

Average Daily Volume

110,962

Number of Holdings ^*

284

* 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

$45.06

Average Daily Volume

467

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	MDYV	SMDY
30 Days	4.24%	2.98%
60 Days	5.30%	3.03%
90 Days	9.82%	6.15%
12 Months	22.47%	21.46%

284 Overlapping Holdings

Symbol	Grade	Weight in MDYV	Weight in SMDY	Overlap
AA	D	0.58%	0.13%	0.13%
ACM	B	0.54%	0.16%	0.16%
ADC	C	0.58%	0.08%	0.08%
ADNT	F	0.13%	0.09%	0.09%
AFG	B	0.66%	0.18%	0.18%
AGCO	D	0.42%	0.24%	0.24%
ALE	B	0.28%	0.25%	0.25%
ALGM	F	0.1%	0.38%	0.1%
ALLY	F	0.68%	0.27%	0.27%
ALV	F	0.21%	0.1%	0.1%
AM	C	0.16%	0.22%	0.16%
AMED	C	0.14%	0.24%	0.14%
AMG	C	0.4%	0.33%	0.33%
AMH	C	0.4%	0.21%	0.21%
AMKR	F	0.23%	0.48%	0.23%
AN	D	0.3%	0.45%	0.3%
AR	F	0.59%	0.06%	0.06%
ARMK	B	0.76%	0.63%	0.63%
ARW	C	0.5%	0.07%	0.07%
ASB	D	0.23%	0.43%	0.23%
ASGN	D	0.31%	0.15%	0.15%
ASH	D	0.33%	0.09%	0.09%
ATR	B	0.31%	0.09%	0.09%
AVNT	B	0.32%	0.1%	0.1%
AVT	C	0.34%	0.07%	0.07%
AVTR	B	0.79%	0.18%	0.18%
AYI	B	0.29%	0.21%	0.21%
AZTA	F	0.07%	0.34%	0.07%
BC	C	0.15%	0.22%	0.15%
BDC	B	0.31%	0.13%	0.13%
BERY	B	0.57%	0.06%	0.06%
BHF	F	0.2%	0.36%	0.2%
BJ	D	0.81%	0.26%	0.26%
BKH	B	0.31%	0.24%	0.24%
BLKB	C	0.1%	0.33%	0.1%
BMRN	F	0.54%	0.46%	0.46%
BRBR	C	0.27%	0.43%	0.27%
BRKR	D	0.19%	0.16%	0.16%
BRX	B	0.35%	0.08%	0.08%
BURL	B	0.54%	0.34%	0.34%
CACC	F	0.21%	0.07%	0.07%
CACI	B	0.5%	0.21%	0.21%
CADE	C	0.43%	0.07%	0.07%
CBSH	C	0.32%	0.13%	0.13%
CBT	B	0.14%	0.1%	0.1%
CC	F	0.19%	0.07%	0.07%
CCK	A	0.43%	0.06%	0.06%
CFR	C	0.3%	0.13%	0.13%
CG	D	0.33%	0.28%	0.28%
CGNX	F	0.28%	0.24%	0.24%
CHE	C	0.26%	0.24%	0.24%
CHH	C	0.11%	0.11%	0.11%
CHK	D	0.61%	0.06%	0.06%
CHX	F	0.13%	0.17%	0.13%
CIEN	C	0.35%	1.35%	0.35%
CLF	F	0.41%	0.13%	0.13%
CMC	D	0.43%	0.17%	0.17%
CNM	F	0.22%	0.07%	0.07%
CNO	B	0.27%	0.42%	0.27%
CNXC	F	0.23%	0.24%	0.23%
COHR	C	0.76%	0.12%	0.12%
COLB	B	0.37%	0.08%	0.08%
COLM	C	0.11%	0.29%	0.11%
CPRI	D	0.18%	0.33%	0.18%
CRI	D	0.19%	0.3%	0.19%
CRUS	D	0.23%	0.51%	0.23%
CUBE	B	0.41%	0.22%	0.22%
CUZ	B	0.33%	0.12%	0.12%
CVLT	B	0.19%	0.39%	0.19%
CW	B	0.31%	0.08%	0.08%
CYTK	F	0.26%	0.42%	0.26%
DAR	F	0.42%	0.32%	0.32%
DCI	C	0.27%	0.09%	0.09%
DINO	F	0.5%	0.19%	0.19%
DKS	D	0.44%	0.3%	0.3%
DLB	D	0.13%	0.51%	0.13%
DOCS	B	0.18%	1.37%	0.18%
DTM	B	0.2%	0.24%	0.2%
EEFT	D	0.15%	0.28%	0.15%
EGP	B	0.25%	0.08%	0.08%
EHC	C	0.39%	0.25%	0.25%
ELS	C	0.39%	0.22%	0.22%
ENOV	D	0.16%	0.38%	0.16%
ENS	D	0.17%	0.21%	0.17%
EPR	B	0.1%	0.07%	0.07%
EQH	C	0.43%	0.34%	0.34%
ERIE	B	0.4%	0.46%	0.4%
ESNT	B	0.5%	0.33%	0.33%
EVR	A	0.19%	0.17%	0.17%
EWBC	D	0.38%	0.07%	0.07%
EXLS	B	0.19%	0.23%	0.19%
EXPO	A	0.2%	0.16%	0.16%
FAF	B	0.51%	0.34%	0.34%
FFIN	B	0.21%	0.08%	0.08%
FHI	A	0.21%	0.31%	0.21%
FHN	D	0.64%	0.12%	0.12%
FLO	C	0.34%	0.3%	0.3%
FLR	D	0.58%	0.18%	0.18%
FLS	D	0.25%	0.1%	0.1%
FNB	C	0.38%	0.07%	0.07%
FNF	B	1.16%	0.35%	0.35%
FR	B	0.29%	0.09%	0.09%
FYBR	C	0.61%	1.28%	0.61%
G	C	0.49%	0.24%	0.24%
GAP	F	0.34%	0.26%	0.26%
GATX	D	0.23%	0.15%	0.15%
GBCI	B	0.36%	0.08%	0.08%
GEF	D	0.12%	0.05%	0.05%
GHC	B	0.2%	0.31%	0.2%
GLPI	C	0.61%	0.15%	0.15%
GME	F	0.42%	0.23%	0.23%
GMED	D	0.6%	0.42%	0.42%
GNTX	F	0.18%	0.19%	0.18%
GPK	B	0.69%	0.06%	0.06%
GT	F	0.16%	0.08%	0.08%
GXO	D	0.16%	0.17%	0.16%
HAE	F	0.11%	0.34%	0.11%
HELE	D	0.1%	0.08%	0.08%
HGV	F	0.07%	0.09%	0.07%
HOG	C	0.33%	0.25%	0.25%
HOMB	B	0.37%	0.07%	0.07%
HQY	C	0.25%	0.27%	0.25%
HWC	D	0.15%	0.13%	0.13%
HXL	F	0.2%	0.09%	0.09%
IBKR	B	0.41%	0.4%	0.4%
IBOC	D	0.14%	0.07%	0.07%
IDA	C	0.24%	0.28%	0.24%
ILMN	C	1.52%	0.47%	0.47%
INGR	B	0.43%	0.33%	0.33%
IPGP	F	0.08%	0.22%	0.08%
IRDM	D	0.12%	1.18%	0.12%
IRT	B	0.35%	0.22%	0.22%
JAZZ	D	0.29%	0.4%	0.29%
JEF	B	0.74%	0.21%	0.21%
JHG	B	0.35%	0.32%	0.32%
JLL	B	0.91%	0.17%	0.17%
JWN	C	0.17%	0.31%	0.17%
KBH	A	0.23%	0.45%	0.23%
KBR	D	0.34%	0.15%	0.15%
KD	D	0.4%	0.17%	0.17%
KEX	C	0.3%	0.21%	0.21%
KMPR	D	0.27%	0.36%	0.27%
KNF	B	0.1%	0.14%	0.1%
KNX	C	0.64%	0.19%	0.19%
KRC	B	0.28%	0.11%	0.11%
KRG	B	0.44%	0.08%	0.08%
LAD	D	0.56%	0.5%	0.5%
LAMR	B	0.36%	0.07%	0.07%
LANC	D	0.14%	0.26%	0.14%
LEA	F	0.45%	0.11%	0.11%
LFUS	C	0.14%	0.22%	0.14%
LITE	B	0.28%	1.28%	0.28%
LIVN	D	0.13%	0.36%	0.13%
LPX	B	0.16%	0.13%	0.13%
LSTR	D	0.16%	0.17%	0.16%
M	F	0.31%	0.24%	0.24%
MAN	C	0.25%	0.14%	0.14%
MASI	F	0.14%	0.13%	0.13%
MAT	C	0.27%	0.17%	0.17%
MDU	C	0.4%	0.13%	0.13%
MIDD	D	0.26%	0.32%	0.26%
MKSI	F	0.26%	0.37%	0.26%
MMS	C	0.11%	0.3%	0.11%
MP	D	0.08%	0.15%	0.08%
MSM	D	0.12%	0.08%	0.08%
MTG	B	0.31%	0.35%	0.31%
MTN	D	0.17%	0.1%	0.1%
MTSI	D	0.15%	0.43%	0.15%
MTZ	B	0.51%	0.14%	0.14%
MUR	F	0.21%	0.07%	0.07%
NEOG	D	0.23%	0.14%	0.14%
NFG	B	0.41%	0.24%	0.24%
NJR	B	0.35%	0.23%	0.23%
NNN	C	0.42%	0.07%	0.07%
NOV	F	0.48%	0.17%	0.17%
NOVT	D	0.19%	0.13%	0.13%
NSA	B	0.13%	0.22%	0.13%
NSP	F	0.12%	0.28%	0.12%
NVST	D	0.24%	0.38%	0.24%
NWE	B	0.26%	0.27%	0.26%
NXST	D	0.38%	0.32%	0.32%
OGE	C	0.61%	0.28%	0.28%
OGS	B	0.3%	0.25%	0.25%
OHI	B	0.45%	0.7%	0.45%
OLN	D	0.22%	0.08%	0.08%
ONB	C	0.43%	0.07%	0.07%
OPCH	C	0.19%	0.26%	0.19%
ORA	C	0.3%	0.24%	0.24%
ORI	B	0.66%	0.2%	0.2%
OSK	F	0.49%	0.28%	0.28%
OZK	D	0.15%	0.07%	0.07%
PAG	D	0.22%	0.49%	0.22%
PB	B	0.52%	0.08%	0.08%
PBF	F	0.25%	0.16%	0.16%
PCH	C	0.27%	0.14%	0.14%
PFGC	B	0.86%	0.31%	0.31%
PII	D	0.32%	0.23%	0.23%
PNFP	B	0.31%	0.08%	0.08%
PNM	B	0.28%	0.27%	0.27%
POR	C	0.37%	0.28%	0.28%
POST	C	0.44%	0.49%	0.44%
POWI	F	0.12%	0.39%	0.12%
PPC	D	0.13%	0.38%	0.13%
PRGO	D	0.28%	0.44%	0.28%
PVH	F	0.4%	0.24%	0.24%
R	A	0.45%	0.17%	0.17%
RCM	C	0.21%	0.16%	0.16%
REXR	C	0.5%	0.09%	0.09%
RGA	C	1.06%	0.31%	0.31%
RGLD	C	0.33%	0.18%	0.18%
RH	B	0.16%	0.17%	0.16%
RLI	B	0.16%	0.18%	0.16%
RNR	C	0.46%	0.34%	0.34%
RPM	B	0.54%	0.1%	0.1%
RRX	C	0.75%	0.08%	0.08%
RYN	C	0.2%	0.13%	0.13%
SAIC	C	0.34%	0.22%	0.22%
SAM	F	0.1%	0.29%	0.1%
SBRA	C	0.32%	0.68%	0.32%
SCI	B	0.43%	0.23%	0.23%
SEIC	C	0.25%	0.3%	0.25%
SF	A	0.66%	0.41%	0.41%
SFM	B	0.46%	0.38%	0.38%
SIGI	D	0.18%	0.16%	0.16%
SLGN	B	0.31%	0.06%	0.06%
SLM	D	0.21%	0.28%	0.21%
SMG	C	0.13%	1.82%	0.13%
SNV	C	0.48%	0.07%	0.07%
SNX	D	0.65%	0.07%	0.07%
SON	C	0.41%	0.05%	0.05%
SR	B	0.28%	0.24%	0.24%
SRCL	A	0.44%	0.17%	0.17%
SRPT	D	0.18%	0.45%	0.18%
SSB	B	0.53%	0.08%	0.08%
ST	D	0.39%	0.27%	0.27%
STAG	C	0.27%	0.09%	0.09%
STWD	B	0.48%	0.06%	0.06%
SWX	C	0.32%	0.21%	0.21%
SYNA	F	0.13%	0.36%	0.13%
TCBI	B	0.24%	0.13%	0.13%
TEX	F	0.11%	0.29%	0.11%
TGNA	D	0.18%	0.31%	0.18%
THC	A	1.17%	0.67%	0.67%
THG	B	0.4%	0.2%	0.2%
THO	D	0.39%	0.25%	0.25%
TKO	B	0.29%	0.32%	0.29%
TKR	D	0.23%	0.08%	0.08%
TMHC	A	0.52%	0.45%	0.45%
TNL	D	0.07%	0.1%	0.07%
TPL	B	0.37%	0.07%	0.07%
TTC	D	0.34%	0.27%	0.27%
UA	D	0.1%	0.17%	0.1%
UAA	C	0.1%	0.18%	0.1%
UBSI	B	0.37%	0.07%	0.07%
UGI	C	0.38%	0.24%	0.24%
UMBF	B	0.34%	0.14%	0.14%
UNM	B	0.74%	0.37%	0.37%
USFD	B	1.02%	0.32%	0.32%
UTHR	C	0.63%	0.52%	0.52%
VAC	F	0.18%	0.08%	0.08%
VC	F	0.1%	0.2%	0.1%
VLY	C	0.26%	0.08%	0.08%
VMI	D	0.42%	0.08%	0.08%
VNO	B	0.43%	0.13%	0.13%
VOYA	B	0.34%	0.28%	0.28%
VSH	F	0.17%	0.1%	0.1%
WBS	D	0.57%	0.45%	0.45%
WCC	D	0.51%	0.06%	0.06%
WEN	C	0.1%	0.56%	0.1%
WH	B	0.16%	0.1%	0.1%
WHR	D	0.39%	0.17%	0.17%
WMG	D	0.07%	0.25%	0.07%
WOLF	F	0.04%	0.04%	0.04%
WPC	C	1.03%	0.08%	0.08%
WTFC	B	0.51%	0.13%	0.13%
WTRG	D	0.38%	0.23%	0.23%
WU	F	0.31%	0.29%	0.29%
X	F	0.59%	0.16%	0.16%
XPO	D	0.5%	0.19%	0.19%
XRAY	D	0.4%	0.18%	0.18%
YETI	D	0.09%	0.15%	0.09%
ZD	D	0.17%	0.97%	0.17%
ZI	D	0.15%	0.24%	0.15%
ZION	D	0.5%	0.07%	0.07%

MDYV Overweight 0 Positions Relative to SMDY

	Symbol	Grade	Weight

MDYV Underweight 107 Positions Relative to SMDY

Symbol	Grade	Weight
COTY	F	-1.64%
DT	C	-0.83%
QLYS	F	-0.68%
ACHC	C	-0.68%
LNW	B	-0.67%
COKE	C	-0.59%
TXRH	C	-0.57%
WING	B	-0.54%
HALO	C	-0.51%
EXEL	C	-0.49%
TOL	B	-0.45%
RGEN	F	-0.43%
PSTG	F	-0.41%
SLAB	D	-0.41%
PRI	B	-0.39%
ONTO	D	-0.39%
NBIX	F	-0.38%
ARWR	F	-0.37%
HRB	C	-0.36%
PCTY	C	-0.36%
MEDP	F	-0.34%
MANH	B	-0.34%
DBX	D	-0.34%
LSCC	D	-0.33%
MORN	C	-0.32%
WEX	C	-0.32%
RMBS	F	-0.32%
APPF	D	-0.31%
CAR	F	-0.31%
ESAB	C	-0.31%
NYT	C	-0.31%
DUOL	B	-0.3%
LOPE	D	-0.3%
LECO	F	-0.29%
ALTR	C	-0.28%
MSA	D	-0.28%
SKX	D	-0.27%
CROX	D	-0.26%
CELH	F	-0.26%
TDC	F	-0.25%
VNT	F	-0.25%
PLNT	B	-0.24%
SHC	C	-0.23%
MUSA	D	-0.23%
OLLI	C	-0.22%
ELF	F	-0.21%
RYAN	D	-0.21%
PEN	D	-0.21%
KNSL	C	-0.2%
PGNY	F	-0.2%
LNTH	D	-0.2%
CASY	D	-0.2%
BCO	B	-0.19%
WSM	D	-0.19%
FIVE	D	-0.19%
CLH	A	-0.18%
RBA	B	-0.18%
TPX	C	-0.17%
HLI	B	-0.17%
NVT	D	-0.17%
ANF	D	-0.17%
RS	D	-0.16%
LII	B	-0.16%
TTEK	C	-0.16%
SAIA	D	-0.15%
WFRD	F	-0.15%
FCN	D	-0.15%
BLD	D	-0.14%
VAL	F	-0.14%
EXP	B	-0.14%
BYD	C	-0.14%
FND	C	-0.14%
FIX	B	-0.14%
CHDN	C	-0.13%
EME	B	-0.13%
OLED	C	-0.11%
TREX	D	-0.11%
PK	D	-0.1%
GGG	C	-0.1%
AXTA	B	-0.1%
WTS	C	-0.1%
SSD	D	-0.09%
RBC	C	-0.09%
WLK	D	-0.09%
NEU	D	-0.09%
VVV	D	-0.09%
H	C	-0.09%
GTLS	F	-0.08%
CR	C	-0.08%
CSL	B	-0.08%
BWXT	D	-0.08%
CNX	B	-0.08%
WMS	D	-0.08%
AAON	B	-0.08%
WWD	D	-0.07%
PR	F	-0.07%
MTDR	F	-0.07%
AIT	A	-0.07%
OC	D	-0.07%
ITT	B	-0.07%
UFPI	C	-0.06%
RRC	D	-0.06%
CHRD	F	-0.06%
SWN	D	-0.06%
CIVI	F	-0.06%
OVV	F	-0.06%
WSO	C	-0.06%