SHUS vs. EUSA ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to iShares MSCI USA Index Fund (EUSA)

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

$43.86

Average Daily Volume

2,702

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.74

Average Daily Volume

47,961

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	EUSA
30 Days	0.93%	2.06%
60 Days	4.36%	6.06%
90 Days	5.12%	8.43%
12 Months	18.39%	30.12%

485 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in EUSA	Overlap
A	F	0.15%	0.15%	0.15%
AAPL	C	0.49%	0.15%	0.15%
ABBV	F	0.24%	0.16%	0.16%
ABNB	C	0.12%	0.18%	0.12%
ABT	C	0.06%	0.16%	0.06%
ACGL	C	0.14%	0.15%	0.14%
ACN	B	0.13%	0.16%	0.13%
ADBE	C	0.15%	0.14%	0.14%
ADI	D	0.22%	0.16%	0.16%
ADM	F	0.36%	0.14%	0.14%
ADP	A	0.21%	0.18%	0.18%
ADSK	B	0.16%	0.19%	0.16%
AEE	B	0.08%	0.17%	0.08%
AEP	D	0.24%	0.15%	0.15%
AES	F	0.31%	0.12%	0.12%
AFL	C	0.2%	0.18%	0.18%
AIG	B	0.19%	0.17%	0.17%
AIZ	A	0.2%	0.19%	0.19%
AJG	A	0.03%	0.16%	0.03%
AKAM	F	0.26%	0.14%	0.14%
ALB	C	0.05%	0.19%	0.05%
ALGN	D	0.1%	0.15%	0.1%
ALL	B	0.19%	0.17%	0.17%
ALLE	D	0.07%	0.17%	0.07%
AMAT	F	0.17%	0.15%	0.15%
AMCR	D	0.12%	0.15%	0.12%
AMD	F	0.14%	0.15%	0.14%
AME	A	0.12%	0.18%	0.12%
AMGN	F	0.23%	0.15%	0.15%
AMP	A	0.09%	0.2%	0.09%
AMT	F	0.06%	0.14%	0.06%
AMZN	A	0.21%	0.18%	0.18%
ANET	C	0.21%	0.18%	0.18%
ANSS	B	0.17%	0.16%	0.16%
AON	B	0.04%	0.18%	0.04%
AOS	F	0.21%	0.14%	0.14%
APA	F	0.07%	0.12%	0.07%
APD	B	0.05%	0.18%	0.05%
APH	B	0.18%	0.17%	0.17%
APTV	F	0.39%	0.13%	0.13%
ARE	F	0.1%	0.15%	0.1%
ATO	B	0.32%	0.17%	0.17%
AVB	B	0.1%	0.17%	0.1%
AVGO	C	0.22%	0.17%	0.17%
AVY	F	0.06%	0.15%	0.06%
AWK	D	0.32%	0.15%	0.15%
AXON	B	0.09%	0.25%	0.09%
AXP	B	0.05%	0.18%	0.05%
AZO	B	0.15%	0.15%	0.15%
BA	F	0.16%	0.14%	0.14%
BAC	A	0.12%	0.18%	0.12%
BALL	D	0.12%	0.15%	0.12%
BAX	F	0.05%	0.15%	0.05%
BBWI	C	0.19%	0.14%	0.14%
BBY	C	0.17%	0.16%	0.16%
BDX	F	0.05%	0.15%	0.05%
BEN	C	0.08%	0.15%	0.08%
BG	D	0.36%	0.14%	0.14%
BIIB	F	0.24%	0.13%	0.13%
BK	B	0.11%	0.19%	0.11%
BKNG	A	0.13%	0.21%	0.13%
BKR	B	0.35%	0.2%	0.2%
BLDR	C	0.19%	0.17%	0.17%
BLK	A	0.09%	0.19%	0.09%
BMY	B	0.25%	0.17%	0.17%
BR	A	0.11%	0.17%	0.11%
BRK.A	B	0.49%	0.17%	0.17%
BRO	B	0.03%	0.18%	0.03%
BSX	A	0.06%	0.18%	0.06%
BX	A	0.08%	0.21%	0.08%
BXP	D	0.11%	0.18%	0.11%
C	B	0.13%	0.18%	0.13%
CAG	F	0.21%	0.14%	0.14%
CAH	B	0.19%	0.17%	0.17%
CARR	C	0.08%	0.17%	0.08%
CAT	B	0.14%	0.18%	0.14%
CB	C	0.14%	0.16%	0.14%
CBOE	D	0.04%	0.15%	0.04%
CBRE	B	0.04%	0.19%	0.04%
CCI	F	0.06%	0.15%	0.06%
CCL	B	0.09%	0.25%	0.09%
CDNS	B	0.33%	0.17%	0.17%
CDW	F	0.12%	0.14%	0.12%
CE	F	0.07%	0.1%	0.07%
CEG	D	0.38%	0.2%	0.2%
CF	B	0.09%	0.16%	0.09%
CFG	B	0.05%	0.18%	0.05%
CHD	A	0.41%	0.16%	0.16%
CHRW	A	0.09%	0.17%	0.09%
CHTR	B	0.46%	0.18%	0.18%
CI	D	0.18%	0.15%	0.15%
CINF	A	0.14%	0.18%	0.14%
CL	F	0.4%	0.14%	0.14%
CLX	A	0.41%	0.17%	0.17%
CMCSA	B	0.51%	0.17%	0.17%
CME	B	0.04%	0.17%	0.04%
CMG	B	0.49%	0.17%	0.17%
CMI	A	0.08%	0.18%	0.08%
CMS	D	0.07%	0.16%	0.07%
CNC	F	0.25%	0.12%	0.12%
CNP	B	0.25%	0.18%	0.18%
COF	B	0.69%	0.21%	0.21%
COP	C	0.07%	0.15%	0.07%
COR	B	0.18%	0.16%	0.16%
COST	B	0.7%	0.17%	0.17%
CPAY	A	0.04%	0.21%	0.04%
CPB	F	0.2%	0.14%	0.14%
CPRT	A	0.22%	0.17%	0.17%
CPT	C	0.1%	0.16%	0.1%
CRL	C	0.14%	0.17%	0.14%
CRM	B	0.35%	0.19%	0.19%
CRWD	B	0.18%	0.19%	0.18%
CSCO	A	0.21%	0.18%	0.18%
CSGP	F	0.04%	0.16%	0.04%
CSX	B	0.08%	0.17%	0.08%
CTAS	B	0.17%	0.18%	0.17%
CTLT	D	0.24%	0.16%	0.16%
CTRA	B	0.17%	0.16%	0.16%
CTSH	A	0.13%	0.17%	0.13%
CTVA	C	0.08%	0.17%	0.08%
CVS	F	0.68%	0.15%	0.15%
CVX	A	0.75%	0.17%	0.17%
D	D	0.24%	0.16%	0.16%
DAL	A	0.27%	0.24%	0.24%
DAY	B	0.22%	0.23%	0.22%
DD	D	0.05%	0.17%	0.05%
DE	D	0.13%	0.16%	0.13%
DECK	B	0.29%	0.17%	0.17%
DELL	C	0.17%	0.19%	0.17%
DFS	B	0.68%	0.2%	0.2%
DG	F	0.17%	0.1%	0.1%
DGX	B	0.16%	0.16%	0.16%
DHI	D	0.23%	0.15%	0.15%
DHR	F	0.1%	0.14%	0.1%
DIS	B	0.2%	0.17%	0.17%
DLR	C	0.26%	0.19%	0.19%
DLTR	F	0.17%	0.1%	0.1%
DOC	C	0.11%	0.16%	0.11%
DOV	A	0.17%	0.18%	0.17%
DOW	F	0.07%	0.14%	0.07%
DPZ	C	0.52%	0.17%	0.17%
DRI	B	0.5%	0.17%	0.17%
DTE	D	0.24%	0.15%	0.15%
DUK	D	0.07%	0.16%	0.07%
DVA	C	0.11%	0.16%	0.11%
DVN	F	0.16%	0.14%	0.14%
DXCM	C	0.09%	0.15%	0.09%
EA	A	0.48%	0.17%	0.17%
EBAY	C	0.22%	0.17%	0.17%
ECL	C	0.05%	0.16%	0.05%
ED	D	0.24%	0.15%	0.15%
EFX	F	0.04%	0.14%	0.04%
EG	D	0.14%	0.15%	0.14%
EIX	C	0.24%	0.15%	0.15%
EL	F	0.49%	0.11%	0.11%
ELV	F	0.24%	0.12%	0.12%
EMN	D	0.05%	0.16%	0.05%
EMR	A	0.03%	0.19%	0.03%
ENPH	F	0.25%	0.09%	0.09%
EOG	A	0.07%	0.16%	0.07%
EPAM	B	0.13%	0.18%	0.13%
EQIX	B	0.26%	0.17%	0.17%
EQR	C	0.1%	0.16%	0.1%
EQT	B	0.18%	0.19%	0.18%
ERIE	F	0.2%	0.14%	0.14%
ES	D	0.07%	0.14%	0.07%
ESS	C	0.1%	0.16%	0.1%
ETN	B	0.26%	0.19%	0.19%
ETR	B	0.25%	0.2%	0.2%
EVRG	A	0.08%	0.17%	0.08%
EW	F	0.06%	0.15%	0.06%
EXC	C	0.29%	0.16%	0.16%
EXPD	C	0.09%	0.16%	0.09%
EXPE	B	0.12%	0.21%	0.12%
EXR	D	0.11%	0.16%	0.11%
F	C	0.24%	0.16%	0.16%
FANG	C	0.07%	0.15%	0.07%
FAST	B	0.12%	0.19%	0.12%
FCX	F	0.29%	0.17%	0.17%
FDS	A	0.04%	0.18%	0.04%
FDX	B	0.07%	0.15%	0.07%
FE	D	0.24%	0.15%	0.15%
FFIV	B	0.2%	0.19%	0.19%
FI	A	0.06%	0.21%	0.06%
FICO	B	0.03%	0.21%	0.03%
FIS	B	0.05%	0.19%	0.05%
FITB	A	0.05%	0.18%	0.05%
FOX	A	0.1%	0.06%	0.06%
FOXA	A	0.1%	0.11%	0.1%
FSLR	F	0.2%	0.14%	0.14%
FTNT	B	0.17%	0.19%	0.17%
FTV	C	0.03%	0.16%	0.03%
GD	C	0.16%	0.16%	0.16%
GDDY	B	0.26%	0.17%	0.17%
GE	D	0.17%	0.17%	0.17%
GEHC	D	0.1%	0.16%	0.1%
GEN	B	0.17%	0.18%	0.17%
GEV	B	0.18%	0.29%	0.18%
GILD	B	0.24%	0.2%	0.2%
GIS	F	0.21%	0.14%	0.14%
GLW	B	0.19%	0.19%	0.19%
GM	B	0.24%	0.19%	0.19%
GOOG	C	0.22%	0.08%	0.08%
GOOGL	C	0.22%	0.09%	0.09%
GPC	D	0.15%	0.14%	0.14%
GPN	B	0.04%	0.16%	0.04%
GRMN	A	0.32%	0.19%	0.19%
GS	B	0.25%	0.19%	0.19%
GWW	B	0.13%	0.19%	0.13%
HAL	C	0.33%	0.15%	0.15%
HBAN	A	0.05%	0.2%	0.05%
HCA	D	0.33%	0.15%	0.15%
HD	B	0.25%	0.17%	0.17%
HES	B	0.07%	0.16%	0.07%
HIG	C	0.14%	0.18%	0.14%
HII	F	0.08%	0.12%	0.08%
HLT	A	0.12%	0.18%	0.12%
HOLX	D	0.1%	0.15%	0.1%
HON	B	0.16%	0.17%	0.16%
HPE	B	0.19%	0.18%	0.18%
HPQ	B	0.34%	0.17%	0.17%
HRL	F	0.36%	0.15%	0.15%
HSIC	F	0.2%	0.15%	0.15%
HST	D	0.11%	0.17%	0.11%
HSY	F	0.17%	0.14%	0.14%
HUBB	C	0.26%	0.2%	0.2%
HUM	D	0.26%	0.13%	0.13%
HWM	B	0.07%	0.19%	0.07%
IBM	D	0.33%	0.17%	0.17%
ICE	C	0.04%	0.15%	0.04%
IDXX	F	0.09%	0.14%	0.09%
IEX	B	0.2%	0.18%	0.18%
IFF	F	0.05%	0.15%	0.05%
INCY	B	0.25%	0.2%	0.2%
INTC	C	0.16%	0.2%	0.16%
INTU	A	0.2%	0.16%	0.16%
INVH	D	0.1%	0.15%	0.1%
IP	B	0.06%	0.19%	0.06%
IPG	F	0.33%	0.15%	0.15%
IQV	F	0.13%	0.14%	0.13%
IR	A	0.2%	0.18%	0.18%
IRM	D	0.06%	0.17%	0.06%
ISRG	A	0.12%	0.17%	0.12%
IT	B	0.13%	0.18%	0.13%
ITW	B	0.17%	0.17%	0.17%
J	D	0.39%	0.15%	0.15%
JBHT	C	0.08%	0.17%	0.08%
JBL	C	0.37%	0.2%	0.2%
JCI	A	0.08%	0.19%	0.08%
JKHY	C	0.05%	0.19%	0.05%
JNJ	D	0.23%	0.15%	0.15%
JNPR	D	0.19%	0.16%	0.16%
JPM	A	0.12%	0.17%	0.12%
K	A	0.18%	0.16%	0.16%
KDP	C	0.24%	0.14%	0.14%
KEY	B	0.06%	0.18%	0.06%
KEYS	C	0.2%	0.19%	0.19%
KHC	F	0.21%	0.15%	0.15%
KIM	A	0.06%	0.17%	0.06%
KKR	B	0.09%	0.2%	0.09%
KLAC	F	0.17%	0.13%	0.13%
KMB	D	0.41%	0.15%	0.15%
KMI	B	0.25%	0.2%	0.2%
KMX	B	0.14%	0.15%	0.14%
KO	F	0.24%	0.14%	0.14%
KR	A	0.73%	0.18%	0.18%
KVUE	A	0.41%	0.17%	0.17%
L	A	0.49%	0.17%	0.17%
LDOS	C	0.13%	0.2%	0.13%
LEN	D	0.24%	0.16%	0.16%
LH	B	0.16%	0.17%	0.16%
LHX	B	0.08%	0.18%	0.08%
LIN	D	0.04%	0.16%	0.04%
LKQ	C	0.14%	0.15%	0.14%
LLY	F	0.23%	0.14%	0.14%
LMT	D	0.08%	0.16%	0.08%
LNT	C	0.08%	0.16%	0.08%
LOW	B	0.25%	0.18%	0.18%
LULU	B	0.3%	0.18%	0.18%
LUV	B	0.25%	0.19%	0.19%
LVS	C	0.08%	0.19%	0.08%
LW	B	0.22%	0.21%	0.21%
LYB	F	0.07%	0.14%	0.07%
LYV	A	0.09%	0.2%	0.09%
MA	B	0.05%	0.19%	0.05%
MAA	C	0.1%	0.16%	0.1%
MAR	A	0.12%	0.19%	0.12%
MAS	D	0.19%	0.16%	0.16%
MCD	C	0.49%	0.16%	0.16%
MCHP	F	0.13%	0.14%	0.13%
MCK	B	0.18%	0.17%	0.17%
MCO	C	0.04%	0.16%	0.04%
MDLZ	F	0.18%	0.15%	0.15%
MDT	D	0.06%	0.16%	0.06%
MET	C	0.21%	0.19%	0.19%
META	B	0.46%	0.17%	0.17%
MGM	D	0.07%	0.15%	0.07%
MKC	D	0.21%	0.15%	0.15%
MKTX	C	0.04%	0.18%	0.04%
MLM	B	0.17%	0.18%	0.17%
MMC	D	0.03%	0.16%	0.03%
MMM	C	0.17%	0.16%	0.16%
MNST	B	0.25%	0.18%	0.18%
MO	A	0.35%	0.17%	0.17%
MOH	F	0.25%	0.15%	0.15%
MOS	D	0.08%	0.16%	0.08%
MPC	D	0.48%	0.14%	0.14%
MPWR	F	0.21%	0.13%	0.13%
MRK	F	0.24%	0.14%	0.14%
MRNA	F	0.23%	0.08%	0.08%
MRO	B	0.07%	0.16%	0.07%
MS	A	0.26%	0.2%	0.2%
MSCI	B	0.04%	0.16%	0.04%
MSFT	C	0.32%	0.16%	0.16%
MSI	B	0.49%	0.18%	0.18%
MTB	A	0.06%	0.2%	0.06%
MTCH	F	0.46%	0.13%	0.13%
MTD	F	0.14%	0.14%	0.14%
MU	D	0.15%	0.16%	0.15%
NDAQ	B	0.04%	0.18%	0.04%
NDSN	B	0.03%	0.17%	0.03%
NEE	D	0.24%	0.15%	0.15%
NEM	F	0.24%	0.14%	0.14%
NFLX	A	0.22%	0.18%	0.18%
NI	A	0.32%	0.18%	0.18%
NKE	F	0.33%	0.14%	0.14%
NOC	D	0.08%	0.16%	0.08%
NOW	A	0.22%	0.19%	0.19%
NRG	C	0.32%	0.18%	0.18%
NSC	B	0.08%	0.18%	0.08%
NTAP	D	0.17%	0.15%	0.15%
NTRS	A	0.08%	0.19%	0.08%
NUE	D	0.25%	0.17%	0.17%
NVDA	A	0.13%	0.18%	0.13%
NVR	D	0.3%	0.17%	0.17%
NWSA	B	0.1%	0.17%	0.1%
NXPI	F	0.23%	0.14%	0.14%
O	D	0.06%	0.15%	0.06%
ODFL	B	0.08%	0.18%	0.08%
OKE	A	0.24%	0.19%	0.19%
OMC	A	0.33%	0.17%	0.17%
ON	F	0.22%	0.14%	0.14%
ORCL	A	0.34%	0.21%	0.21%
ORLY	A	0.14%	0.17%	0.14%
OTIS	D	0.08%	0.17%	0.08%
OXY	F	0.07%	0.14%	0.07%
PANW	B	0.16%	0.17%	0.16%
PARA	B	0.2%	0.16%	0.16%
PAYC	B	0.21%	0.22%	0.21%
PAYX	B	0.21%	0.19%	0.19%
PCAR	B	0.12%	0.19%	0.12%
PCG	A	0.07%	0.17%	0.07%
PEG	C	0.25%	0.17%	0.17%
PEP	D	0.17%	0.15%	0.15%
PFE	F	0.24%	0.14%	0.14%
PFG	C	0.2%	0.17%	0.17%
PG	C	0.41%	0.15%	0.15%
PGR	A	0.19%	0.17%	0.17%
PH	A	0.08%	0.19%	0.08%
PHM	D	0.25%	0.17%	0.17%
PKG	B	0.06%	0.19%	0.06%
PLD	D	0.06%	0.15%	0.06%
PLTR	B	0.22%	0.28%	0.22%
PM	B	0.35%	0.17%	0.17%
PNC	B	0.06%	0.18%	0.06%
PNR	A	0.19%	0.19%	0.19%
PODD	B	0.1%	0.23%	0.1%
POOL	D	0.13%	0.17%	0.13%
PPG	F	0.07%	0.16%	0.07%
PPL	A	0.08%	0.16%	0.08%
PRU	B	0.2%	0.18%	0.18%
PSA	D	0.1%	0.16%	0.1%
PSX	C	0.5%	0.15%	0.15%
PTC	B	0.17%	0.17%	0.17%
PWR	B	0.4%	0.19%	0.19%
PYPL	A	0.06%	0.18%	0.06%
QCOM	F	0.22%	0.15%	0.15%
QRVO	F	0.21%	0.1%	0.1%
RCL	A	0.08%	0.22%	0.08%
REG	A	0.06%	0.16%	0.06%
REGN	F	0.23%	0.11%	0.11%
RF	A	0.06%	0.19%	0.06%
RJF	A	0.25%	0.22%	0.22%
RMD	C	0.09%	0.18%	0.09%
ROK	B	0.03%	0.16%	0.03%
ROL	C	0.18%	0.16%	0.16%
ROP	A	0.03%	0.16%	0.03%
ROST	D	0.71%	0.15%	0.15%
RSG	B	0.18%	0.16%	0.16%
RTX	D	0.08%	0.16%	0.08%
RVTY	C	0.1%	0.16%	0.1%
SBAC	D	0.06%	0.16%	0.06%
SBUX	B	0.48%	0.16%	0.16%
SCHW	B	0.25%	0.18%	0.18%
SHW	A	0.06%	0.17%	0.06%
SJM	F	0.21%	0.15%	0.15%
SLB	C	0.34%	0.15%	0.15%
SMCI	F	0.15%	0.06%	0.06%
SNA	A	0.25%	0.2%	0.2%
SNPS	C	0.34%	0.16%	0.16%
SO	D	0.08%	0.16%	0.08%
SOLV	C	0.05%	0.19%	0.05%
SPG	A	0.06%	0.18%	0.06%
SPGI	C	0.04%	0.16%	0.04%
SRE	B	0.07%	0.18%	0.07%
STE	D	0.12%	0.15%	0.12%
STLD	C	0.27%	0.2%	0.2%
STT	B	0.11%	0.18%	0.11%
STX	D	0.17%	0.16%	0.16%
STZ	D	0.25%	0.15%	0.15%
SW	B	0.07%	0.19%	0.07%
SWK	F	0.26%	0.15%	0.15%
SWKS	F	0.21%	0.13%	0.13%
SYF	B	0.68%	0.22%	0.22%
SYK	A	0.12%	0.17%	0.12%
SYY	D	0.73%	0.16%	0.16%
T	A	0.33%	0.18%	0.18%
TAP	B	0.25%	0.17%	0.17%
TDG	D	0.06%	0.16%	0.06%
TDY	B	0.03%	0.18%	0.03%
TECH	D	0.15%	0.16%	0.15%
TEL	B	0.19%	0.16%	0.16%
TER	F	0.16%	0.13%	0.13%
TFC	B	0.05%	0.17%	0.05%
TFX	F	0.05%	0.13%	0.05%
TGT	C	0.17%	0.16%	0.16%
TJX	A	0.71%	0.16%	0.16%
TMO	F	0.14%	0.14%	0.14%
TMUS	A	0.33%	0.18%	0.18%
TRGP	B	0.24%	0.21%	0.21%
TRMB	B	0.03%	0.2%	0.03%
TROW	A	0.08%	0.17%	0.08%
TRV	B	0.14%	0.18%	0.14%
TSCO	D	0.12%	0.17%	0.12%
TSLA	B	0.27%	0.23%	0.23%
TSN	B	0.35%	0.15%	0.15%
TT	B	0.08%	0.18%	0.08%
TTWO	A	0.48%	0.18%	0.18%
TXN	B	0.22%	0.17%	0.17%
TXT	D	0.16%	0.16%	0.16%
TYL	B	0.21%	0.17%	0.17%
UBER	F	0.11%	0.15%	0.11%
UDR	C	0.1%	0.16%	0.1%
UHS	D	0.32%	0.14%	0.14%
ULTA	C	0.17%	0.16%	0.16%
UNH	B	0.25%	0.17%	0.17%
UNP	D	0.08%	0.15%	0.08%
UPS	C	0.08%	0.16%	0.08%
URI	B	0.14%	0.19%	0.14%
USB	B	0.05%	0.18%	0.05%
V	A	0.04%	0.19%	0.04%
VICI	D	0.06%	0.15%	0.06%
VLO	C	0.49%	0.15%	0.15%
VLTO	D	0.03%	0.15%	0.03%
VMC	B	0.17%	0.19%	0.17%
VRSK	A	0.04%	0.16%	0.04%
VRSN	C	0.27%	0.16%	0.16%
VRTX	B	0.23%	0.17%	0.17%
VST	B	0.4%	0.28%	0.28%
VTR	C	0.11%	0.17%	0.11%
VTRS	B	0.24%	0.18%	0.18%
VZ	D	0.32%	0.15%	0.15%
WAB	B	0.13%	0.2%	0.13%
WAT	B	0.15%	0.18%	0.15%
WBA	D	0.63%	0.13%	0.13%
WBD	B	0.19%	0.18%	0.18%
WDC	D	0.17%	0.17%	0.17%
WEC	B	0.07%	0.16%	0.07%
WELL	B	0.11%	0.18%	0.11%
WFC	A	0.13%	0.2%	0.13%
WM	A	0.18%	0.17%	0.17%
WMB	B	0.24%	0.2%	0.2%
WMT	A	0.72%	0.17%	0.17%
WRB	B	0.13%	0.17%	0.13%
WST	B	0.05%	0.17%	0.05%
WTW	A	0.04%	0.18%	0.04%
WY	F	0.17%	0.16%	0.16%
WYNN	C	0.08%	0.17%	0.08%
XEL	A	0.07%	0.17%	0.07%
XOM	B	0.75%	0.16%	0.16%
XYL	F	0.19%	0.15%	0.15%
YUM	B	0.5%	0.16%	0.16%
ZBH	C	0.12%	0.15%	0.12%
ZBRA	B	0.13%	0.18%	0.13%
ZTS	D	0.25%	0.15%	0.15%

SHUS Overweight 15 Positions Relative to EUSA

Symbol	Grade	Weight
BWA	B	0.41%
RL	B	0.32%
TPR	A	0.32%
UAL	A	0.28%
HAS	D	0.25%
GL	B	0.19%
MHK	D	0.18%
NWS	B	0.1%
NCLH	B	0.09%
IVZ	B	0.09%
GNRC	B	0.08%
FMC	F	0.08%
CZR	F	0.07%
PNW	A	0.07%
FRT	B	0.06%

SHUS Underweight 106 Positions Relative to EUSA

Symbol	Grade	Weight
APP	B	-0.52%
MSTR	B	-0.32%
VRT	B	-0.26%
TPL	B	-0.26%
TOST	A	-0.25%
TEAM	B	-0.24%
TWLO	B	-0.24%
HOOD	B	-0.24%
APO	B	-0.24%
DOCU	B	-0.22%
EME	B	-0.22%
LPLA	A	-0.22%
Z	B	-0.21%
DASH	A	-0.21%
HUBS	B	-0.21%
MRVL	B	-0.21%
ZM	B	-0.21%
COIN	B	-0.21%
SNAP	C	-0.2%
EXE	A	-0.2%
RBLX	B	-0.2%
IOT	B	-0.2%
CG	B	-0.2%
ROKU	C	-0.19%
ARES	B	-0.19%
OC	A	-0.19%
FLUT	A	-0.19%
SEIC	A	-0.19%
VEEV	B	-0.19%
BAH	C	-0.19%
TTD	B	-0.19%
LNG	B	-0.18%
CSL	B	-0.18%
AZPN	A	-0.18%
TRU	D	-0.18%
TW	B	-0.18%
ILMN	C	-0.18%
MDB	C	-0.18%
ACM	B	-0.18%
RS	C	-0.18%
DKNG	B	-0.18%
BIO	C	-0.18%
RPM	A	-0.18%
SQ	B	-0.18%
CRH	B	-0.18%
UTHR	B	-0.18%
CCK	D	-0.17%
COO	D	-0.17%
DDOG	B	-0.17%
MKL	A	-0.17%
GGG	B	-0.17%
H	B	-0.17%
FCNCA	B	-0.17%
WDAY	B	-0.17%
MANH	C	-0.17%
CNH	D	-0.17%
LII	B	-0.17%
NET	B	-0.17%
AFG	A	-0.17%
WSO	B	-0.17%
KNX	C	-0.17%
EQH	B	-0.16%
WCN	A	-0.16%
ZS	B	-0.16%
BURL	C	-0.16%
ELS	B	-0.16%
FERG	B	-0.16%
WTRG	C	-0.16%
SSNC	C	-0.16%
UHAL	D	-0.16%
FBIN	F	-0.16%
OVV	C	-0.16%
FWONK	A	-0.16%
GLPI	D	-0.16%
NLY	C	-0.16%
FNF	C	-0.16%
DT	C	-0.16%
ENTG	F	-0.15%
SUI	F	-0.15%
MELI	D	-0.15%
ACI	C	-0.15%
WSM	F	-0.15%
AMH	C	-0.15%
TTC	F	-0.15%
RPRX	F	-0.15%
WPC	F	-0.15%
BSY	F	-0.15%
ALNY	D	-0.15%
DINO	D	-0.14%
LRCX	F	-0.14%
EXAS	F	-0.14%
AVTR	F	-0.14%
CHRD	D	-0.14%
ALLY	C	-0.14%
DKS	D	-0.14%
SNOW	C	-0.14%
WLK	F	-0.14%
PINS	F	-0.14%
RIVN	F	-0.13%
NBIX	C	-0.13%
PSTG	D	-0.13%
OKTA	C	-0.12%
BMRN	F	-0.11%
CELH	F	-0.11%
HEI	A	-0.1%
HEI	A	-0.07%