SHUS vs. NXTI ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Simplify Next Intangible Core Index ETF (NXTI)
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
NXTI

Simplify Next Intangible Core Index ETF

NXTI Description NXTI targets US companies with relatively high intangible capital-to-book assets ratios within their respective sectors. The fund defines intangible capital as productive assets that lack physical presence and are created through investments in brand, knowledge, and organization capital. The index construction starts by calculating a ratio of intangible capital-to-book assets for each security in an initial universe consisting of the largest 2000 US companies by market-cap. The 200 stocks with the highest intangible capital-to-book assets ratio are selected for inclusion. At least five stocks are included from each of the 13 sectors determined by the index provider using a combination of SIC and NAICS codes along with data from publicly available 10-K filings. Constituents are weighted by market capitalization, with individual security weights capped at 5%. The index reconstitutes quarterly.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

460

Number of Holdings *

197

* may have additional holdings in another (foreign) market
Performance
Period SHUS NXTI
30 Days 2.26% 5.73%
60 Days 3.81% 7.47%
90 Days 5.24% 10.93%
12 Months 15.89%
129 Overlapping Holdings
Symbol Grade Weight in SHUS Weight in NXTI Overlap
A D 0.15% 0.26% 0.15%
ABNB C 0.12% 0.58% 0.12%
ACGL D 0.14% 0.14% 0.14%
ADBE C 0.15% 2.94% 0.15%
ADSK A 0.16% 0.72% 0.16%
AFL B 0.2% 0.24% 0.2%
AIG B 0.19% 0.2% 0.19%
AJG B 0.03% 0.25% 0.03%
ALGN D 0.1% 0.47% 0.1%
ALL A 0.19% 0.19% 0.19%
AMAT F 0.17% 0.74% 0.17%
AMP A 0.09% 0.22% 0.09%
APTV D 0.39% 0.1% 0.1%
AVY D 0.06% 0.12% 0.06%
AXP A 0.05% 0.77% 0.05%
BBY D 0.17% 0.18% 0.17%
BKNG A 0.13% 0.88% 0.13%
BKR B 0.35% 0.25% 0.25%
BRK.A B 0.49% 4.18% 0.49%
BRO B 0.03% 0.12% 0.03%
BX A 0.08% 0.77% 0.08%
CBRE B 0.04% 0.15% 0.04%
CDNS B 0.33% 0.87% 0.33%
CDW F 0.12% 0.3% 0.12%
CI F 0.18% 0.36% 0.18%
CL D 0.4% 0.55% 0.4%
CLX B 0.41% 0.13% 0.13%
CMI A 0.08% 0.3% 0.08%
CNC D 0.25% 0.13% 0.13%
CSCO B 0.21% 2.73% 0.21%
CTAS B 0.17% 0.55% 0.17%
CTSH B 0.13% 0.47% 0.13%
CVS D 0.68% 0.29% 0.29%
D C 0.24% 0.46% 0.24%
DD D 0.05% 0.18% 0.05%
DECK A 0.29% 0.14% 0.14%
DELL C 0.17% 1.03% 0.17%
DOV A 0.17% 0.12% 0.12%
EA A 0.48% 0.5% 0.48%
EBAY D 0.22% 0.33% 0.22%
ECL D 0.05% 0.35% 0.05%
ED D 0.24% 0.32% 0.24%
EL F 0.49% 0.18% 0.18%
ELV F 0.24% 0.36% 0.24%
EXPD D 0.09% 0.12% 0.09%
EXPE B 0.12% 0.14% 0.12%
FAST B 0.12% 0.18% 0.12%
FDX B 0.07% 0.44% 0.07%
FFIV B 0.2% 0.17% 0.17%
FICO B 0.03% 0.57% 0.03%
FTNT C 0.17% 0.77% 0.17%
GDDY A 0.26% 0.31% 0.26%
GEV B 0.18% 0.66% 0.18%
GIS D 0.21% 0.16% 0.16%
GPC D 0.15% 0.1% 0.1%
GWW B 0.13% 0.31% 0.13%
HD A 0.25% 1.6% 0.25%
HIG B 0.14% 0.13% 0.13%
HON B 0.16% 0.91% 0.16%
HPQ B 0.34% 0.45% 0.34%
HSIC B 0.2% 0.3% 0.2%
HSY F 0.17% 0.15% 0.15%
HUM C 0.26% 0.15% 0.15%
IBM C 0.33% 2.28% 0.33%
IDXX F 0.09% 1.04% 0.09%
INCY C 0.25% 0.46% 0.25%
INTU C 0.2% 2.08% 0.2%
IT C 0.13% 0.24% 0.13%
ITW B 0.17% 0.49% 0.17%
JNPR F 0.19% 0.16% 0.16%
K A 0.18% 0.12% 0.12%
KEYS A 0.2% 0.17% 0.17%
KMB D 0.41% 0.31% 0.31%
KO D 0.24% 1.23% 0.24%
KR B 0.73% 0.37% 0.37%
LOW D 0.25% 0.59% 0.25%
LYV A 0.09% 0.15% 0.09%
MA C 0.05% 3.02% 0.05%
META D 0.46% 5.28% 0.46%
MMC B 0.03% 0.43% 0.03%
MMM D 0.17% 0.47% 0.17%
MNST C 0.25% 0.22% 0.22%
MPC D 0.48% 0.33% 0.33%
MSI B 0.49% 0.91% 0.49%
MTCH D 0.46% 0.12% 0.12%
MTD D 0.14% 0.18% 0.14%
NI A 0.32% 0.14% 0.14%
NKE D 0.33% 0.82% 0.33%
NOW A 0.22% 2.29% 0.22%
NRG B 0.32% 0.17% 0.17%
NTAP C 0.17% 0.29% 0.17%
NWS B 0.1% 0.22% 0.1%
ORLY B 0.14% 0.49% 0.14%
OTIS C 0.08% 0.16% 0.08%
PANW C 0.16% 1.5% 0.16%
PAYX C 0.21% 0.32% 0.21%
PEP F 0.17% 1.02% 0.17%
PGR A 0.19% 0.56% 0.19%
PH A 0.08% 0.39% 0.08%
PLTR B 0.22% 0.99% 0.22%
PM B 0.35% 0.9% 0.35%
PPG F 0.07% 0.12% 0.07%
PRU A 0.2% 0.18% 0.18%
RL B 0.32% 0.11% 0.11%
ROL B 0.18% 0.15% 0.15%
SHW A 0.06% 0.36% 0.06%
SNPS B 0.34% 0.95% 0.34%
STX D 0.17% 0.26% 0.17%
SYY B 0.73% 0.16% 0.16%
TER D 0.16% 0.12% 0.12%
TGT F 0.17% 0.67% 0.17%
TRGP B 0.24% 0.34% 0.24%
TRV B 0.14% 0.22% 0.14%
TSCO D 0.12% 0.11% 0.11%
TT A 0.08% 0.52% 0.08%
TXT D 0.16% 0.1% 0.1%
UBER D 0.11% 1.04% 0.11%
ULTA F 0.17% 0.16% 0.16%
UNH C 0.25% 2.16% 0.25%
UPS C 0.08% 0.79% 0.08%
VLTO D 0.03% 0.23% 0.03%
VMC B 0.17% 0.23% 0.17%
VST B 0.4% 0.32% 0.32%
WAT B 0.15% 0.14% 0.14%
WMB A 0.24% 0.59% 0.24%
WMT A 0.72% 5.09% 0.72%
XOM B 0.75% 3.43% 0.75%
XYL D 0.19% 0.14% 0.14%
ZBRA B 0.13% 0.23% 0.13%
SHUS Overweight 371 Positions Relative to NXTI
Symbol Grade Weight
CVX A 0.75%
ROST C 0.71%
TJX A 0.71%
COST B 0.7%
COF B 0.69%
SYF B 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%
VLO C 0.49%
MCD D 0.49%
AAPL C 0.49%
CMG B 0.49%
SBUX A 0.48%
TTWO A 0.48%
CHTR C 0.46%
KVUE A 0.41%
PG A 0.41%
BWA D 0.41%
CHD B 0.41%
PWR A 0.4%
J F 0.39%
CEG D 0.38%
JBL B 0.37%
HRL D 0.36%
ADM D 0.36%
BG F 0.36%
MO A 0.35%
CRM B 0.35%
TSN B 0.35%
ORCL B 0.34%
SLB C 0.34%
T A 0.33%
TMUS B 0.33%
IPG D 0.33%
OMC C 0.33%
HCA F 0.33%
HAL C 0.33%
AWK D 0.32%
MSFT F 0.32%
UHS D 0.32%
ATO A 0.32%
TPR B 0.32%
GRMN B 0.32%
VZ C 0.32%
AES F 0.31%
NVR D 0.3%
LULU C 0.3%
FCX D 0.29%
EXC C 0.29%
UAL A 0.28%
VRSN F 0.27%
STLD B 0.27%
TSLA B 0.27%
DAL C 0.27%
MS A 0.26%
HUBB B 0.26%
ETN A 0.26%
EQIX A 0.26%
SWK D 0.26%
DLR B 0.26%
AKAM D 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%
ETR B 0.25%
TAP C 0.25%
SNA A 0.25%
BMY B 0.25%
SCHW B 0.25%
CNP B 0.25%
RJF A 0.25%
ENPH F 0.25%
NUE C 0.25%
HAS D 0.25%
PEG A 0.25%
GS A 0.25%
AEP D 0.24%
MRK F 0.24%
OKE A 0.24%
FE C 0.24%
VTRS A 0.24%
KDP D 0.24%
PFE D 0.24%
BIIB F 0.24%
ABBV D 0.24%
NEE D 0.24%
NEM D 0.24%
GM B 0.24%
LEN 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%
NXPI D 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%
DAY B 0.22%
QCOM F 0.22%
NFLX A 0.22%
AVGO D 0.22%
ADI D 0.22%
CPRT A 0.22%
GOOGL C 0.22%
TXN C 0.22%
ON D 0.22%
GOOG C 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%
MET A 0.21%
CAG D 0.21%
ADP B 0.21%
PAYC B 0.21%
TYL B 0.21%
MPWR F 0.21%
AMZN C 0.21%
IR B 0.2%
IEX B 0.2%
PARA C 0.2%
CPB D 0.2%
ERIE D 0.2%
AIZ A 0.2%
FSLR F 0.2%
DIS B 0.2%
PFG D 0.2%
CAH B 0.19%
TEL B 0.19%
MAS D 0.19%
HPE B 0.19%
WBD C 0.19%
GLW B 0.19%
BBWI D 0.19%
PNR A 0.19%
BLDR D 0.19%
GL B 0.19%
RSG A 0.18%
CRWD B 0.18%
EQT B 0.18%
WM A 0.18%
MDLZ F 0.18%
COR B 0.18%
MCK B 0.18%
MHK D 0.18%
APH A 0.18%
ANSS B 0.17%
DG F 0.17%
GE D 0.17%
MLM B 0.17%
GEN B 0.17%
WY D 0.17%
CTRA B 0.17%
DLTR F 0.17%
PTC A 0.17%
KLAC D 0.17%
WDC D 0.17%
INTC D 0.16%
GD F 0.16%
DVN F 0.16%
BA F 0.16%
DGX A 0.16%
LH C 0.16%
TECH D 0.15%
AZO C 0.15%
SMCI F 0.15%
MU D 0.15%
CRL C 0.14%
CINF A 0.14%
URI B 0.14%
CB C 0.14%
CAT B 0.14%
AMD F 0.14%
EG C 0.14%
KMX B 0.14%
LKQ D 0.14%
TMO F 0.14%
EPAM C 0.13%
POOL C 0.13%
WFC A 0.13%
C A 0.13%
DE A 0.13%
WAB B 0.13%
ACN C 0.13%
NVDA C 0.13%
MCHP D 0.13%
LDOS C 0.13%
WRB A 0.13%
IQV D 0.13%
HLT A 0.12%
SYK C 0.12%
MAR 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%
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%
STT A 0.11%
HOLX D 0.1%
PODD C 0.1%
NWSA B 0.1%
DHR F 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%
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%
KKR A 0.09%
CCL B 0.09%
CHRW C 0.09%
NCLH B 0.09%
CF B 0.09%
BLK C 0.09%
IVZ B 0.09%
RMD C 0.09%
DXCM D 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%
JCI C 0.08%
GNRC B 0.08%
UNP C 0.08%
WYNN D 0.08%
NSC B 0.08%
LMT D 0.08%
HII D 0.08%
NOC D 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%
LYB F 0.07%
SW A 0.07%
FANG D 0.07%
OXY D 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%
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%
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%
APD 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%
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%
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%
EMR A 0.03%
NDSN B 0.03%
FTV C 0.03%
TRMB B 0.03%
TDY B 0.03%
ROP B 0.03%
SHUS Underweight 68 Positions Relative to NXTI
Symbol Grade Weight
ALNY D -1.07%
SPOT B -0.93%
WDAY B -0.81%
TEAM A -0.61%
APP B -0.54%
DDOG A -0.54%
LRCX F -0.53%
NTRA B -0.45%
SRPT D -0.43%
DASH A -0.42%
NBIX C -0.4%
INSM C -0.39%
NET B -0.38%
HUBS A -0.34%
ZS C -0.33%
PEN B -0.32%
ITCI C -0.29%
PINS D -0.29%
EXEL B -0.29%
IOT A -0.28%
RDDT B -0.24%
MDB C -0.24%
SNAP C -0.23%
IONS F -0.22%
NTNX A -0.21%
MDGL B -0.2%
CYTK F -0.2%
BPMC C -0.2%
MANH D -0.19%
CVNA B -0.19%
DT C -0.19%
INSP D -0.19%
PSTG D -0.19%
SMMT D -0.19%
TOST B -0.19%
BBIO F -0.18%
DOCU A -0.18%
CACI D -0.16%
GWRE A -0.16%
RARE D -0.15%
CORT B -0.15%
ILMN D -0.15%
BAH F -0.15%
ALKS B -0.14%
DUOL A -0.14%
WSM B -0.14%
BURL A -0.14%
AXSM B -0.14%
FOLD F -0.12%
APLS D -0.12%
TW A -0.11%
GTLB B -0.11%
TGTX B -0.11%
IOVA F -0.11%
NYT C -0.11%
LII A -0.11%
PCOR B -0.11%
DKNG B -0.1%
APPF B -0.1%
AMED F -0.1%
ACI C -0.1%
DNLI D -0.1%
CHWY B -0.09%
DYN F -0.09%
RS B -0.09%
WING D -0.08%
DLB B -0.04%
LNW D -0.04%
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