NBCR vs. SHUS ETF Comparison

Comparison of Neuberger Berman Core Equity ETF (NBCR) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* 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	NBCR	SHUS
30 Days	2.81%	2.26%
60 Days	4.11%	3.81%
90 Days	5.52%	5.24%
12 Months		15.89%

157 Overlapping Holdings

Symbol	Grade	Weight in NBCR	Weight in SHUS	Overlap
AAPL	C	6.48%	0.49%	0.49%
ABBV	D	0.86%	0.24%	0.24%
ACN	C	0.47%	0.13%	0.13%
ADI	D	0.5%	0.22%	0.22%
ADSK	A	0.17%	0.16%	0.16%
AEP	D	0.19%	0.24%	0.19%
AIG	B	0.76%	0.19%	0.19%
AIZ	A	0.25%	0.2%	0.2%
ALL	A	0.45%	0.19%	0.19%
AMAT	F	0.52%	0.17%	0.17%
AMD	F	0.57%	0.14%	0.14%
AMGN	D	0.31%	0.23%	0.23%
AMZN	C	3.83%	0.21%	0.21%
AON	A	1.41%	0.04%	0.04%
APD	A	0.14%	0.05%	0.05%
APH	A	0.45%	0.18%	0.18%
APTV	D	0.14%	0.39%	0.14%
AVY	D	0.29%	0.06%	0.06%
BA	F	0.19%	0.16%	0.16%
BAC	A	0.76%	0.12%	0.12%
BK	A	0.12%	0.11%	0.11%
BKNG	A	0.49%	0.13%	0.13%
BLDR	D	0.12%	0.19%	0.12%
BLK	C	0.35%	0.09%	0.09%
BMY	B	0.28%	0.25%	0.25%
BSX	B	0.87%	0.06%	0.06%
C	A	0.39%	0.13%	0.13%
CARR	D	0.36%	0.08%	0.08%
CAT	B	0.51%	0.14%	0.14%
CCL	B	0.62%	0.09%	0.09%
CDW	F	0.13%	0.12%	0.12%
CEG	D	0.17%	0.38%	0.17%
CFG	B	0.14%	0.05%	0.05%
CL	D	0.36%	0.4%	0.36%
CNC	D	0.18%	0.25%	0.18%
CNP	B	0.09%	0.25%	0.09%
COP	C	0.4%	0.07%	0.07%
COST	B	1.06%	0.7%	0.7%
CRM	B	0.87%	0.35%	0.35%
CRWD	B	0.51%	0.18%	0.18%
CSCO	B	0.46%	0.21%	0.21%
CSX	B	0.27%	0.08%	0.08%
CVS	D	0.33%	0.68%	0.33%
D	C	0.17%	0.24%	0.17%
DAL	C	0.25%	0.27%	0.25%
DE	A	0.33%	0.13%	0.13%
DGX	A	0.19%	0.16%	0.16%
DLTR	F	0.25%	0.17%	0.17%
DTE	C	0.07%	0.24%	0.07%
DUK	C	0.23%	0.07%	0.07%
DXCM	D	0.18%	0.09%	0.09%
EA	A	0.17%	0.48%	0.17%
ECL	D	0.16%	0.05%	0.05%
EFX	F	0.18%	0.04%	0.04%
ELV	F	0.26%	0.24%	0.24%
EOG	A	0.31%	0.07%	0.07%
EQR	B	0.09%	0.1%	0.09%
EQT	B	0.13%	0.18%	0.13%
ETN	A	0.63%	0.26%	0.26%
ETR	B	0.16%	0.25%	0.16%
FANG	D	0.24%	0.07%	0.07%
FCX	D	0.26%	0.29%	0.26%
FDX	B	0.22%	0.07%	0.07%
FE	C	0.11%	0.24%	0.11%
FI	A	0.66%	0.06%	0.06%
FITB	A	0.24%	0.05%	0.05%
GE	D	0.94%	0.17%	0.17%
GIS	D	0.31%	0.21%	0.21%
GL	B	0.26%	0.19%	0.19%
GM	B	0.59%	0.24%	0.24%
GOOG	C	1.94%	0.22%	0.22%
GOOGL	C	3.37%	0.22%	0.22%
GS	A	0.42%	0.25%	0.25%
HCA	F	0.26%	0.33%	0.26%
HD	A	1.22%	0.25%	0.25%
HUM	C	0.2%	0.26%	0.2%
ICE	C	0.56%	0.04%	0.04%
INTU	C	0.62%	0.2%	0.2%
INVH	D	0.1%	0.1%	0.1%
IQV	D	0.13%	0.13%	0.13%
IR	B	0.36%	0.2%	0.2%
IT	C	0.13%	0.13%	0.13%
J	F	0.19%	0.39%	0.19%
JNJ	D	0.98%	0.23%	0.23%
JPM	A	1.4%	0.12%	0.12%
K	A	0.22%	0.18%	0.18%
KDP	D	0.42%	0.24%	0.24%
KKR	A	0.61%	0.09%	0.09%
LEN	D	0.22%	0.24%	0.22%
LIN	D	0.59%	0.04%	0.04%
LLY	F	1.19%	0.23%	0.23%
LMT	D	0.26%	0.08%	0.08%
LNT	A	0.13%	0.08%	0.08%
LVS	C	0.35%	0.08%	0.08%
MA	C	1.1%	0.05%	0.05%
MCD	D	0.58%	0.49%	0.49%
MCK	B	0.25%	0.18%	0.18%
MCO	B	0.28%	0.04%	0.04%
MDLZ	F	0.36%	0.18%	0.18%
MDT	D	0.72%	0.06%	0.06%
MET	A	0.22%	0.21%	0.21%
MLM	B	0.25%	0.17%	0.17%
MMM	D	0.44%	0.17%	0.17%
MOH	F	0.17%	0.25%	0.17%
MSFT	F	6.01%	0.32%	0.32%
MSI	B	0.35%	0.49%	0.35%
MTCH	D	0.12%	0.46%	0.12%
NDAQ	A	0.3%	0.04%	0.04%
NEE	D	0.33%	0.24%	0.24%
NFLX	A	0.81%	0.22%	0.22%
NKE	D	0.25%	0.33%	0.25%
NOW	A	0.77%	0.22%	0.22%
NSC	B	0.29%	0.08%	0.08%
NUE	C	0.11%	0.25%	0.11%
NVDA	C	6.7%	0.13%	0.13%
OKE	A	0.16%	0.24%	0.16%
ON	D	0.1%	0.22%	0.1%
ORCL	B	0.99%	0.34%	0.34%
ORLY	B	0.26%	0.14%	0.14%
PCG	A	0.14%	0.07%	0.07%
PEG	A	0.16%	0.25%	0.16%
PG	A	0.87%	0.41%	0.41%
PH	A	0.48%	0.08%	0.08%
PLD	D	0.38%	0.06%	0.06%
PNC	B	0.31%	0.06%	0.06%
PSX	C	0.24%	0.5%	0.24%
QCOM	F	0.91%	0.22%	0.22%
REGN	F	0.3%	0.23%	0.23%
RSG	A	0.16%	0.18%	0.16%
SHW	A	0.24%	0.06%	0.06%
SLB	C	0.26%	0.34%	0.26%
SNPS	B	0.58%	0.34%	0.34%
SPGI	C	0.74%	0.04%	0.04%
SRE	A	0.2%	0.07%	0.07%
STLD	B	0.1%	0.27%	0.1%
STZ	D	0.17%	0.25%	0.17%
T	A	0.75%	0.33%	0.33%
TDG	D	0.77%	0.06%	0.06%
TJX	A	0.71%	0.71%	0.71%
TMO	F	0.53%	0.14%	0.14%
TMUS	B	0.88%	0.33%	0.33%
TRGP	B	0.09%	0.24%	0.09%
TT	A	0.48%	0.08%	0.08%
TXN	C	0.63%	0.22%	0.22%
UBER	D	0.74%	0.11%	0.11%
ULTA	F	0.4%	0.17%	0.17%
URI	B	0.32%	0.14%	0.14%
V	A	1.23%	0.04%	0.04%
VRSK	A	0.17%	0.04%	0.04%
VRTX	F	0.51%	0.23%	0.23%
VST	B	0.15%	0.4%	0.15%
VTR	C	0.2%	0.11%	0.11%
WFC	A	0.99%	0.13%	0.13%
WMB	A	0.16%	0.24%	0.16%
WY	D	0.06%	0.17%	0.06%
XOM	B	1.15%	0.75%	0.75%
ZBH	C	0.5%	0.12%	0.12%

NBCR Overweight 35 Positions Relative to SHUS

Symbol	Grade	Weight
UNM	A	0.97%
FYBR	D	0.6%
IWB	A	0.56%
DKNG	B	0.52%
UL	D	0.51%
NVT	B	0.39%
APO	B	0.32%
TRU	D	0.3%
ASML	F	0.23%
EHC	B	0.22%
SAIA	B	0.21%
WCN	A	0.21%
LRCX	F	0.2%
CHKP	D	0.2%
ELS	C	0.16%
TKO	B	0.15%
FCPT	C	0.14%
ESI	A	0.14%
WRBY	B	0.14%
LNG	B	0.13%
AVTR	F	0.13%
ENTG	D	0.13%
TW	A	0.12%
STWD	C	0.11%
BMRN	D	0.09%
UTZ	D	0.08%
DTM	B	0.08%
CCK	C	0.08%
WIX	B	0.08%
TOL	B	0.07%
SMAR	A	0.07%
GXO	B	0.06%
IONS	F	0.05%
FBIN	D	0.05%
BHP	F	0.03%

NBCR Underweight 343 Positions Relative to SHUS

Symbol	Grade	Weight
CVX	A	-0.75%
KR	B	-0.73%
SYY	B	-0.73%
WMT	A	-0.72%
ROST	C	-0.71%
COF	B	-0.69%
SYF	B	-0.68%
DFS	B	-0.68%
WBA	F	-0.63%
DPZ	C	-0.52%
CMCSA	B	-0.51%
DRI	B	-0.5%
YUM	B	-0.5%
L	A	-0.49%
EL	F	-0.49%
VLO	C	-0.49%
CMG	B	-0.49%
BRK.A	B	-0.49%
SBUX	A	-0.48%
MPC	D	-0.48%
TTWO	A	-0.48%
CHTR	C	-0.46%
META	D	-0.46%
CLX	B	-0.41%
KVUE	A	-0.41%
KMB	D	-0.41%
BWA	D	-0.41%
CHD	B	-0.41%
PWR	A	-0.4%
JBL	B	-0.37%
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%
HPQ	B	-0.34%
IPG	D	-0.33%
OMC	C	-0.33%
CDNS	B	-0.33%
IBM	C	-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%
EXC	C	-0.29%
DECK	A	-0.29%
UAL	A	-0.28%
VRSN	F	-0.27%
TSLA	B	-0.27%
MS	A	-0.26%
HUBB	B	-0.26%
EQIX	A	-0.26%
SWK	D	-0.26%
DLR	B	-0.26%
GDDY	A	-0.26%
AKAM	D	-0.26%
ZTS	D	-0.25%
PHM	D	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
TAP	C	-0.25%
SNA	A	-0.25%
INCY	C	-0.25%
SCHW	B	-0.25%
RJF	A	-0.25%
UNH	C	-0.25%
LOW	D	-0.25%
ENPH	F	-0.25%
HAS	D	-0.25%
MRK	F	-0.24%
VTRS	A	-0.24%
ED	D	-0.24%
PFE	D	-0.24%
BIIB	F	-0.24%
NEM	D	-0.24%
KO	D	-0.24%
F	C	-0.24%
GILD	C	-0.24%
CTLT	B	-0.24%
EIX	B	-0.24%
NXPI	D	-0.23%
MRNA	F	-0.23%
DHI	D	-0.23%
LW	C	-0.22%
EBAY	D	-0.22%
DAY	B	-0.22%
AVGO	D	-0.22%
PLTR	B	-0.22%
CPRT	A	-0.22%
KHC	F	-0.21%
ANET	C	-0.21%
AOS	F	-0.21%
MKC	D	-0.21%
QRVO	F	-0.21%
SWKS	F	-0.21%
SJM	D	-0.21%
CAG	D	-0.21%
ADP	B	-0.21%
PAYX	C	-0.21%
PAYC	B	-0.21%
TYL	B	-0.21%
MPWR	F	-0.21%
IEX	B	-0.2%
AFL	B	-0.2%
PARA	C	-0.2%
FFIV	B	-0.2%
CPB	D	-0.2%
ERIE	D	-0.2%
HSIC	B	-0.2%
FSLR	F	-0.2%
PRU	A	-0.2%
KEYS	A	-0.2%
DIS	B	-0.2%
PFG	D	-0.2%
CAH	B	-0.19%
TEL	B	-0.19%
XYL	D	-0.19%
MAS	D	-0.19%
HPE	B	-0.19%
PGR	A	-0.19%
WBD	C	-0.19%
GLW	B	-0.19%
BBWI	D	-0.19%
PNR	A	-0.19%
JNPR	F	-0.19%
GEV	B	-0.18%
WM	A	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
CI	F	-0.18%
MHK	D	-0.18%
TGT	F	-0.17%
ANSS	B	-0.17%
DG	F	-0.17%
FTNT	C	-0.17%
NTAP	C	-0.17%
DOV	A	-0.17%
GEN	B	-0.17%
ITW	B	-0.17%
BBY	D	-0.17%
CTRA	B	-0.17%
PTC	A	-0.17%
DELL	C	-0.17%
KLAC	D	-0.17%
VMC	B	-0.17%
STX	D	-0.17%
WDC	D	-0.17%
HSY	F	-0.17%
PEP	F	-0.17%
CTAS	B	-0.17%
PANW	C	-0.16%
INTC	D	-0.16%
GD	F	-0.16%
DVN	F	-0.16%
LH	C	-0.16%
TXT	D	-0.16%
HON	B	-0.16%
TER	D	-0.16%
TECH	D	-0.15%
AZO	C	-0.15%
GPC	D	-0.15%
A	D	-0.15%
WAT	B	-0.15%
SMCI	F	-0.15%
MU	D	-0.15%
ADBE	C	-0.15%
MTD	D	-0.14%
CRL	C	-0.14%
CINF	A	-0.14%
TRV	B	-0.14%
CB	C	-0.14%
HIG	B	-0.14%
ACGL	D	-0.14%
EG	C	-0.14%
KMX	B	-0.14%
LKQ	D	-0.14%
EPAM	C	-0.13%
POOL	C	-0.13%
GWW	B	-0.13%
CTSH	B	-0.13%
WAB	B	-0.13%
ZBRA	B	-0.13%
MCHP	D	-0.13%
LDOS	C	-0.13%
WRB	A	-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%
BALL	D	-0.12%
FAST	B	-0.12%
TSCO	D	-0.12%
PCAR	B	-0.12%
AMCR	D	-0.12%
AME	A	-0.12%
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%
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%
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%
AMP	A	-0.09%
CHRW	C	-0.09%
NCLH	B	-0.09%
CF	B	-0.09%
IVZ	B	-0.09%
LYV	A	-0.09%
RMD	C	-0.09%
IDXX	F	-0.09%
SO	D	-0.08%
PPL	B	-0.08%
EVRG	A	-0.08%
AEE	A	-0.08%
JCI	C	-0.08%
GNRC	B	-0.08%
UNP	C	-0.08%
WYNN	D	-0.08%
OTIS	C	-0.08%
CMI	A	-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%
MOS	F	-0.08%
JBHT	C	-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%
OXY	D	-0.07%
PPG	F	-0.07%
CZR	F	-0.07%
MGM	D	-0.07%
MRO	B	-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%
WEC	A	-0.07%
ES	D	-0.07%
XEL	A	-0.07%
CMS	C	-0.07%
HWM	A	-0.07%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
ABT	B	-0.06%
PYPL	B	-0.06%
AMT	D	-0.06%
IP	B	-0.06%
KIM	A	-0.06%
REG	B	-0.06%
FRT	B	-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%
AXP	A	-0.05%
SOLV	C	-0.05%
IFF	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%
WTW	B	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
GPN	B	-0.04%
CBOE	B	-0.04%
FDS	B	-0.04%
CPAY	A	-0.04%
MKTX	D	-0.04%
CME	A	-0.04%
MSCI	C	-0.04%
ROK	B	-0.03%
FICO	B	-0.03%
VLTO	D	-0.03%
EMR	A	-0.03%
NDSN	B	-0.03%
FTV	C	-0.03%
TRMB	B	-0.03%
TDY	B	-0.03%
ROP	B	-0.03%
AJG	B	-0.03%
MMC	B	-0.03%
BRO	B	-0.03%