SHUS vs. LGH ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to HCM Defender 500 Index ETF (LGH)

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

LGH

HCM Defender 500 Index ETF

LGH Description

The investment seeks to provide investment results that correspond, before fees and expenses, generally to the performance of the HCM Defender 500 Index (the HCM 500 index). The fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 index. The HCM 500 index seeks to outperform the Solactive US Large Cap Index using a proprietary methodology.

Grade (RS Rating)

Last Trade

$53.26

Average Daily Volume

21,924

Number of Holdings ^*

452

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	LGH
30 Days	2.26%	4.06%
60 Days	3.81%	5.93%
90 Days	5.24%	7.78%
12 Months	15.89%	37.26%

414 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in LGH	Overlap
A	D	0.15%	0.06%	0.06%
AAPL	C	0.49%	6.76%	0.49%
ABBV	D	0.24%	0.45%	0.24%
ABNB	C	0.12%	0.08%	0.08%
ABT	B	0.06%	0.3%	0.06%
ACGL	D	0.14%	0.05%	0.05%
ACN	C	0.13%	0.35%	0.13%
ADBE	C	0.15%	0.33%	0.15%
ADI	D	0.22%	0.15%	0.15%
ADM	D	0.36%	0.04%	0.04%
ADP	B	0.21%	0.18%	0.18%
ADSK	A	0.16%	0.09%	0.09%
AEE	A	0.08%	0.03%	0.03%
AEP	D	0.24%	0.07%	0.07%
AFL	B	0.2%	0.09%	0.09%
AIG	B	0.19%	0.08%	0.08%
AJG	B	0.03%	0.1%	0.03%
AKAM	D	0.26%	0.02%	0.02%
ALGN	D	0.1%	0.02%	0.02%
ALL	A	0.19%	0.08%	0.08%
AMAT	F	0.17%	0.2%	0.17%
AMD	F	0.14%	0.32%	0.14%
AME	A	0.12%	0.06%	0.06%
AMGN	D	0.23%	0.22%	0.22%
AMP	A	0.09%	0.08%	0.08%
AMT	D	0.06%	0.14%	0.06%
AMZN	C	0.21%	3.64%	0.21%
ANET	C	0.21%	0.14%	0.14%
ANSS	B	0.17%	0.04%	0.04%
AON	A	0.04%	0.11%	0.04%
APD	A	0.05%	0.09%	0.05%
APH	A	0.18%	0.12%	0.12%
ARE	D	0.1%	0.02%	0.02%
ATO	A	0.32%	0.03%	0.03%
AVB	B	0.1%	0.05%	0.05%
AVGO	D	0.22%	1.37%	0.22%
AVY	D	0.06%	0.02%	0.02%
AWK	D	0.32%	0.04%	0.04%
AXON	A	0.09%	0.06%	0.06%
AXP	A	0.05%	0.24%	0.05%
AZO	C	0.15%	0.07%	0.07%
BA	F	0.16%	0.11%	0.11%
BAC	A	0.12%	0.48%	0.12%
BALL	D	0.12%	0.03%	0.03%
BAX	D	0.05%	0.03%	0.03%
BBY	D	0.17%	0.03%	0.03%
BDX	F	0.05%	0.1%	0.05%
BG	F	0.36%	0.02%	0.02%
BIIB	F	0.24%	0.03%	0.03%
BK	A	0.11%	0.09%	0.09%
BKNG	A	0.13%	0.26%	0.13%
BKR	B	0.35%	0.06%	0.06%
BLK	C	0.09%	0.21%	0.09%
BMY	B	0.25%	0.18%	0.18%
BR	A	0.11%	0.04%	0.04%
BRK.A	B	0.49%	1.2%	0.49%
BRO	B	0.03%	0.03%	0.03%
BSX	B	0.06%	0.19%	0.06%
BX	A	0.08%	0.2%	0.08%
C	A	0.13%	0.19%	0.13%
CAG	D	0.21%	0.02%	0.02%
CAH	B	0.19%	0.04%	0.04%
CARR	D	0.08%	0.09%	0.08%
CAT	B	0.14%	0.28%	0.14%
CB	C	0.14%	0.17%	0.14%
CBOE	B	0.04%	0.03%	0.03%
CBRE	B	0.04%	0.06%	0.04%
CCI	D	0.06%	0.06%	0.06%
CDNS	B	0.33%	0.12%	0.12%
CDW	F	0.12%	0.04%	0.04%
CEG	D	0.38%	0.12%	0.12%
CF	B	0.09%	0.02%	0.02%
CFG	B	0.05%	0.03%	0.03%
CHD	B	0.41%	0.04%	0.04%
CHTR	C	0.46%	0.05%	0.05%
CI	F	0.18%	0.14%	0.14%
CINF	A	0.14%	0.03%	0.03%
CL	D	0.4%	0.12%	0.12%
CLX	B	0.41%	0.03%	0.03%
CMCSA	B	0.51%	0.26%	0.26%
CME	A	0.04%	0.11%	0.04%
CMG	B	0.49%	0.1%	0.1%
CMI	A	0.08%	0.07%	0.07%
CMS	C	0.07%	0.03%	0.03%
CNC	D	0.25%	0.05%	0.05%
CNP	B	0.25%	0.02%	0.02%
COF	B	0.69%	0.1%	0.1%
COP	C	0.07%	0.19%	0.07%
COR	B	0.18%	0.06%	0.06%
COST	B	0.7%	0.63%	0.63%
CPAY	A	0.04%	0.03%	0.03%
CPRT	A	0.22%	0.07%	0.07%
CRM	B	0.35%	0.45%	0.35%
CRWD	B	0.18%	0.12%	0.12%
CSCO	B	0.21%	0.34%	0.21%
CSGP	D	0.04%	0.04%	0.04%
CSX	B	0.08%	0.1%	0.08%
CTAS	B	0.17%	0.11%	0.11%
CTRA	B	0.17%	0.03%	0.03%
CTSH	B	0.13%	0.06%	0.06%
CTVA	C	0.08%	0.07%	0.07%
CVS	D	0.68%	0.11%	0.11%
CVX	A	0.75%	0.41%	0.41%
D	C	0.24%	0.07%	0.07%
DAL	C	0.27%	0.05%	0.05%
DD	D	0.05%	0.05%	0.05%
DE	A	0.13%	0.16%	0.13%
DECK	A	0.29%	0.03%	0.03%
DELL	C	0.17%	0.05%	0.05%
DFS	B	0.68%	0.06%	0.06%
DG	F	0.17%	0.02%	0.02%
DGX	A	0.16%	0.03%	0.03%
DHI	D	0.23%	0.07%	0.07%
DHR	F	0.1%	0.23%	0.1%
DIS	B	0.2%	0.29%	0.2%
DLR	B	0.26%	0.08%	0.08%
DLTR	F	0.17%	0.02%	0.02%
DOV	A	0.17%	0.04%	0.04%
DOW	F	0.07%	0.05%	0.05%
DPZ	C	0.52%	0.02%	0.02%
DRI	B	0.5%	0.03%	0.03%
DTE	C	0.24%	0.04%	0.04%
DUK	C	0.07%	0.13%	0.07%
DVN	F	0.16%	0.04%	0.04%
DXCM	D	0.09%	0.04%	0.04%
EA	A	0.48%	0.06%	0.06%
EBAY	D	0.22%	0.04%	0.04%
ECL	D	0.05%	0.09%	0.05%
ED	D	0.24%	0.05%	0.05%
EFX	F	0.04%	0.05%	0.04%
EIX	B	0.24%	0.05%	0.05%
EL	F	0.49%	0.02%	0.02%
ELV	F	0.24%	0.14%	0.14%
EMR	A	0.03%	0.1%	0.03%
EOG	A	0.07%	0.11%	0.07%
EQIX	A	0.26%	0.12%	0.12%
EQR	B	0.1%	0.04%	0.04%
EQT	B	0.18%	0.03%	0.03%
ES	D	0.07%	0.03%	0.03%
ESS	B	0.1%	0.03%	0.03%
ETN	A	0.26%	0.2%	0.2%
ETR	B	0.25%	0.04%	0.04%
EVRG	A	0.08%	0.02%	0.02%
EW	C	0.06%	0.06%	0.06%
EXC	C	0.29%	0.06%	0.06%
EXPD	D	0.09%	0.02%	0.02%
EXPE	B	0.12%	0.03%	0.03%
EXR	D	0.11%	0.05%	0.05%
F	C	0.24%	0.06%	0.06%
FANG	D	0.07%	0.04%	0.04%
FAST	B	0.12%	0.07%	0.07%
FCX	D	0.29%	0.09%	0.09%
FDS	B	0.04%	0.02%	0.02%
FDX	B	0.07%	0.09%	0.07%
FE	C	0.24%	0.03%	0.03%
FI	A	0.06%	0.19%	0.06%
FICO	B	0.03%	0.07%	0.03%
FIS	C	0.05%	0.07%	0.05%
FITB	A	0.05%	0.05%	0.05%
FSLR	F	0.2%	0.03%	0.03%
FTNT	C	0.17%	0.09%	0.09%
FTV	C	0.03%	0.04%	0.03%
GD	F	0.16%	0.09%	0.09%
GDDY	A	0.26%	0.05%	0.05%
GE	D	0.17%	0.28%	0.17%
GEHC	F	0.1%	0.04%	0.04%
GEN	B	0.17%	0.02%	0.02%
GEV	B	0.18%	0.13%	0.13%
GILD	C	0.24%	0.17%	0.17%
GIS	D	0.21%	0.06%	0.06%
GLW	B	0.19%	0.05%	0.05%
GM	B	0.24%	0.12%	0.12%
GOOGL	C	0.22%	1.88%	0.22%
GPC	D	0.15%	0.03%	0.03%
GPN	B	0.04%	0.05%	0.04%
GRMN	B	0.32%	0.05%	0.05%
GS	A	0.25%	0.29%	0.25%
GWW	B	0.13%	0.06%	0.06%
HAL	C	0.33%	0.04%	0.04%
HBAN	A	0.05%	0.04%	0.04%
HCA	F	0.33%	0.1%	0.1%
HD	A	0.25%	0.6%	0.25%
HES	B	0.07%	0.06%	0.06%
HIG	B	0.14%	0.06%	0.06%
HLT	A	0.12%	0.09%	0.09%
HOLX	D	0.1%	0.02%	0.02%
HON	B	0.16%	0.21%	0.16%
HPE	B	0.19%	0.04%	0.04%
HPQ	B	0.34%	0.05%	0.05%
HSY	F	0.17%	0.04%	0.04%
HUBB	B	0.26%	0.03%	0.03%
HUM	C	0.26%	0.05%	0.05%
HWM	A	0.07%	0.07%	0.07%
IBM	C	0.33%	0.3%	0.3%
ICE	C	0.04%	0.12%	0.04%
IDXX	F	0.09%	0.05%	0.05%
IEX	B	0.2%	0.02%	0.02%
IFF	D	0.05%	0.04%	0.04%
INTC	D	0.16%	0.15%	0.15%
INTU	C	0.2%	0.25%	0.2%
INVH	D	0.1%	0.03%	0.03%
IP	B	0.06%	0.03%	0.03%
IQV	D	0.13%	0.05%	0.05%
IR	B	0.2%	0.05%	0.05%
IRM	D	0.06%	0.04%	0.04%
ISRG	A	0.12%	0.28%	0.12%
IT	C	0.13%	0.05%	0.05%
ITW	B	0.17%	0.12%	0.12%
J	F	0.39%	0.02%	0.02%
JBHT	C	0.08%	0.02%	0.02%
JBL	B	0.37%	0.02%	0.02%
JCI	C	0.08%	0.08%	0.08%
JKHY	D	0.05%	0.02%	0.02%
JNJ	D	0.23%	0.65%	0.23%
JPM	A	0.12%	1.34%	0.12%
K	A	0.18%	0.03%	0.03%
KDP	D	0.24%	0.04%	0.04%
KEY	B	0.06%	0.02%	0.02%
KEYS	A	0.2%	0.04%	0.04%
KHC	F	0.21%	0.03%	0.03%
KIM	A	0.06%	0.02%	0.02%
KKR	A	0.09%	0.14%	0.09%
KLAC	D	0.17%	0.12%	0.12%
KMB	D	0.41%	0.06%	0.06%
KMI	A	0.25%	0.09%	0.09%
KO	D	0.24%	0.36%	0.24%
KR	B	0.73%	0.07%	0.07%
KVUE	A	0.41%	0.06%	0.06%
LDOS	C	0.13%	0.03%	0.03%
LEN	D	0.24%	0.06%	0.06%
LH	C	0.16%	0.03%	0.03%
LHX	C	0.08%	0.07%	0.07%
LIN	D	0.04%	0.32%	0.04%
LLY	F	0.23%	1.21%	0.23%
LMT	D	0.08%	0.2%	0.08%
LNT	A	0.08%	0.03%	0.03%
LOW	D	0.25%	0.23%	0.23%
LUV	C	0.25%	0.03%	0.03%
LVS	C	0.08%	0.02%	0.02%
LYB	F	0.07%	0.03%	0.03%
MA	C	0.05%	0.74%	0.05%
MAA	B	0.1%	0.03%	0.03%
MAR	B	0.12%	0.1%	0.1%
MAS	D	0.19%	0.03%	0.03%
MCD	D	0.49%	0.31%	0.31%
MCHP	D	0.13%	0.05%	0.05%
MCK	B	0.18%	0.12%	0.12%
MCO	B	0.04%	0.11%	0.04%
MDLZ	F	0.18%	0.13%	0.13%
MDT	D	0.06%	0.17%	0.06%
MET	A	0.21%	0.08%	0.08%
META	D	0.46%	2.42%	0.46%
MKC	D	0.21%	0.03%	0.03%
MLM	B	0.17%	0.05%	0.05%
MMC	B	0.03%	0.15%	0.03%
MMM	D	0.17%	0.1%	0.1%
MNST	C	0.25%	0.04%	0.04%
MO	A	0.35%	0.15%	0.15%
MOH	F	0.25%	0.02%	0.02%
MPC	D	0.48%	0.09%	0.09%
MPWR	F	0.21%	0.04%	0.04%
MRK	F	0.24%	0.38%	0.24%
MRNA	F	0.23%	0.02%	0.02%
MRO	B	0.07%	0.02%	0.02%
MS	A	0.26%	0.26%	0.26%
MSCI	C	0.04%	0.06%	0.04%
MSFT	F	0.32%	6.15%	0.32%
MSI	B	0.49%	0.11%	0.11%
MTB	A	0.06%	0.05%	0.05%
MTD	D	0.14%	0.04%	0.04%
MU	D	0.15%	0.16%	0.15%
NDAQ	A	0.04%	0.04%	0.04%
NEE	D	0.24%	0.24%	0.24%
NEM	D	0.24%	0.05%	0.05%
NFLX	A	0.22%	0.54%	0.22%
NKE	D	0.33%	0.14%	0.14%
NOC	D	0.08%	0.11%	0.08%
NOW	A	0.22%	0.29%	0.22%
NSC	B	0.08%	0.09%	0.08%
NTAP	C	0.17%	0.04%	0.04%
NTRS	A	0.08%	0.03%	0.03%
NUE	C	0.25%	0.06%	0.06%
NVDA	C	0.13%	7.13%	0.13%
NVR	D	0.3%	0.03%	0.03%
O	D	0.06%	0.06%	0.06%
ODFL	B	0.08%	0.06%	0.06%
OKE	A	0.24%	0.1%	0.1%
OMC	C	0.33%	0.03%	0.03%
ON	D	0.22%	0.04%	0.04%
ORCL	B	0.34%	0.43%	0.34%
ORLY	B	0.14%	0.1%	0.1%
OTIS	C	0.08%	0.06%	0.06%
OXY	D	0.07%	0.05%	0.05%
PANW	C	0.16%	0.17%	0.16%
PAYX	C	0.21%	0.06%	0.06%
PCAR	B	0.12%	0.08%	0.08%
PCG	A	0.07%	0.07%	0.07%
PEG	A	0.25%	0.06%	0.06%
PEP	F	0.17%	0.32%	0.17%
PFE	D	0.24%	0.22%	0.22%
PFG	D	0.2%	0.03%	0.03%
PG	A	0.41%	0.61%	0.41%
PGR	A	0.19%	0.22%	0.19%
PH	A	0.08%	0.13%	0.08%
PHM	D	0.25%	0.04%	0.04%
PKG	A	0.06%	0.03%	0.03%
PLD	D	0.06%	0.16%	0.06%
PLTR	B	0.22%	0.16%	0.16%
PM	B	0.35%	0.3%	0.3%
PNC	B	0.06%	0.12%	0.06%
PODD	C	0.1%	0.02%	0.02%
POOL	C	0.13%	0.02%	0.02%
PPG	F	0.07%	0.04%	0.04%
PPL	B	0.08%	0.04%	0.04%
PRU	A	0.2%	0.07%	0.07%
PSA	D	0.1%	0.08%	0.08%
PSX	C	0.5%	0.08%	0.08%
PTC	A	0.17%	0.04%	0.04%
PWR	A	0.4%	0.07%	0.07%
PYPL	B	0.06%	0.13%	0.06%
QCOM	F	0.22%	0.24%	0.22%
RCL	A	0.08%	0.07%	0.07%
REGN	F	0.23%	0.11%	0.11%
RF	A	0.06%	0.04%	0.04%
RJF	A	0.25%	0.05%	0.05%
RMD	C	0.09%	0.05%	0.05%
ROK	B	0.03%	0.05%	0.03%
ROP	B	0.03%	0.08%	0.03%
ROST	C	0.71%	0.07%	0.07%
RSG	A	0.18%	0.06%	0.06%
RTX	C	0.08%	0.25%	0.08%
RVTY	F	0.1%	0.02%	0.02%
SBAC	D	0.06%	0.04%	0.04%
SBUX	A	0.48%	0.17%	0.17%
SCHW	B	0.25%	0.16%	0.16%
SHW	A	0.06%	0.13%	0.06%
SLB	C	0.34%	0.09%	0.09%
SMCI	F	0.15%	0.03%	0.03%
SNPS	B	0.34%	0.11%	0.11%
SO	D	0.08%	0.14%	0.08%
SPG	B	0.06%	0.09%	0.06%
SPGI	C	0.04%	0.23%	0.04%
SRE	A	0.07%	0.09%	0.07%
STE	F	0.12%	0.03%	0.03%
STLD	B	0.27%	0.03%	0.03%
STT	A	0.11%	0.04%	0.04%
STX	D	0.17%	0.03%	0.03%
STZ	D	0.25%	0.06%	0.06%
SWK	D	0.26%	0.02%	0.02%
SWKS	F	0.21%	0.02%	0.02%
SYF	B	0.68%	0.03%	0.03%
SYK	C	0.12%	0.18%	0.12%
SYY	B	0.73%	0.06%	0.06%
T	A	0.33%	0.24%	0.24%
TDG	D	0.06%	0.08%	0.06%
TDY	B	0.03%	0.03%	0.03%
TER	D	0.16%	0.03%	0.03%
TFC	A	0.05%	0.09%	0.05%
TGT	F	0.17%	0.08%	0.08%
TJX	A	0.71%	0.2%	0.2%
TMO	F	0.14%	0.3%	0.14%
TMUS	B	0.33%	0.17%	0.17%
TRGP	B	0.24%	0.07%	0.07%
TRMB	B	0.03%	0.02%	0.02%
TROW	B	0.08%	0.04%	0.04%
TRV	B	0.14%	0.09%	0.09%
TSCO	D	0.12%	0.04%	0.04%
TSLA	B	0.27%	1.8%	0.27%
TSN	B	0.35%	0.03%	0.03%
TT	A	0.08%	0.13%	0.08%
TTWO	A	0.48%	0.04%	0.04%
TXN	C	0.22%	0.26%	0.22%
TXT	D	0.16%	0.02%	0.02%
TYL	B	0.21%	0.03%	0.03%
UAL	A	0.28%	0.04%	0.04%
UBER	D	0.11%	0.19%	0.11%
ULTA	F	0.17%	0.02%	0.02%
UNH	C	0.25%	1.04%	0.25%
UNP	C	0.08%	0.21%	0.08%
UPS	C	0.08%	0.14%	0.08%
URI	B	0.14%	0.08%	0.08%
USB	A	0.05%	0.11%	0.05%
V	A	0.04%	0.96%	0.04%
VICI	C	0.06%	0.05%	0.05%
VLO	C	0.49%	0.07%	0.07%
VLTO	D	0.03%	0.03%	0.03%
VMC	B	0.17%	0.06%	0.06%
VRSK	A	0.04%	0.06%	0.04%
VRSN	F	0.27%	0.02%	0.02%
VRTX	F	0.23%	0.17%	0.17%
VTR	C	0.11%	0.04%	0.04%
VTRS	A	0.24%	0.02%	0.02%
VZ	C	0.32%	0.26%	0.26%
WAB	B	0.13%	0.05%	0.05%
WAT	B	0.15%	0.03%	0.03%
WBD	C	0.19%	0.04%	0.04%
WDC	D	0.17%	0.03%	0.03%
WEC	A	0.07%	0.04%	0.04%
WELL	A	0.11%	0.1%	0.1%
WFC	A	0.13%	0.39%	0.13%
WM	A	0.18%	0.13%	0.13%
WMB	A	0.24%	0.11%	0.11%
WMT	A	0.72%	0.54%	0.54%
WRB	A	0.13%	0.03%	0.03%
WST	C	0.05%	0.03%	0.03%
WTW	B	0.04%	0.05%	0.04%
WY	D	0.17%	0.04%	0.04%
XEL	A	0.07%	0.06%	0.06%
XOM	B	0.75%	1.03%	0.75%
XYL	D	0.19%	0.05%	0.05%
YUM	B	0.5%	0.05%	0.05%
ZBH	C	0.12%	0.03%	0.03%
ZBRA	B	0.13%	0.03%	0.03%
ZTS	D	0.25%	0.12%	0.12%

SHUS Overweight 86 Positions Relative to LGH

Symbol	Grade	Weight
WBA	F	0.63%
L	A	0.49%
MTCH	D	0.46%
BWA	D	0.41%
VST	B	0.4%
APTV	D	0.39%
HRL	D	0.36%
IPG	D	0.33%
RL	B	0.32%
UHS	D	0.32%
NI	A	0.32%
TPR	B	0.32%
NRG	B	0.32%
AES	F	0.31%
LULU	C	0.3%
TAP	C	0.25%
SNA	A	0.25%
INCY	C	0.25%
ENPH	F	0.25%
HAS	D	0.25%
CTLT	B	0.24%
NXPI	D	0.23%
LW	C	0.22%
DAY	B	0.22%
GOOG	C	0.22%
AOS	F	0.21%
QRVO	F	0.21%
SJM	D	0.21%
PAYC	B	0.21%
PARA	C	0.2%
FFIV	B	0.2%
CPB	D	0.2%
ERIE	D	0.2%
AIZ	A	0.2%
HSIC	B	0.2%
TEL	B	0.19%
BBWI	D	0.19%
PNR	A	0.19%
BLDR	D	0.19%
GL	B	0.19%
JNPR	F	0.19%
ROL	B	0.18%
MHK	D	0.18%
TECH	D	0.15%
CRL	C	0.14%
EG	C	0.14%
KMX	B	0.14%
LKQ	D	0.14%
EPAM	C	0.13%
AMCR	D	0.12%
DVA	B	0.11%
DOC	D	0.11%
BXP	D	0.11%
HST	C	0.11%
NWSA	B	0.1%
NWS	B	0.1%
FOX	A	0.1%
UDR	B	0.1%
FOXA	B	0.1%
CPT	B	0.1%
CCL	B	0.09%
CHRW	C	0.09%
NCLH	B	0.09%
IVZ	B	0.09%
LYV	A	0.09%
GNRC	B	0.08%
WYNN	D	0.08%
HII	D	0.08%
MOS	F	0.08%
FMC	D	0.08%
BEN	C	0.08%
SW	A	0.07%
CZR	F	0.07%
MGM	D	0.07%
APA	D	0.07%
PNW	B	0.07%
CE	F	0.07%
ALLE	D	0.07%
REG	B	0.06%
FRT	B	0.06%
SOLV	C	0.05%
TFX	F	0.05%
EMN	D	0.05%
ALB	C	0.05%
MKTX	D	0.04%
NDSN	B	0.03%

SHUS Underweight 38 Positions Relative to LGH

Symbol	Grade	Weight
SPXL	B	-18.71%
LRCX	F	-0.13%
MRVL	B	-0.11%
VRT	B	-0.1%
APO	B	-0.1%
TTD	B	-0.1%
COIN	C	-0.09%
SQ	B	-0.08%
SNOW	C	-0.07%
DASH	A	-0.07%
LNG	B	-0.07%
WDAY	B	-0.07%
DDOG	A	-0.06%
TEAM	A	-0.06%
NET	B	-0.05%
TPL	A	-0.05%
VEEV	C	-0.05%
CSL	C	-0.04%
ILMN	D	-0.04%
ALNY	D	-0.04%
HUBS	A	-0.04%
RS	B	-0.03%
TRU	D	-0.03%
PINS	D	-0.03%
RBLX	C	-0.03%
ZM	B	-0.03%
MDB	C	-0.03%
LPLA	A	-0.03%
MKL	A	-0.03%
ARES	A	-0.03%
AVTR	F	-0.02%
BMRN	D	-0.02%
RPM	A	-0.02%
SSNC	B	-0.02%
SUI	D	-0.02%
ENTG	D	-0.02%
BAH	F	-0.02%
WPC	D	-0.01%