SHUS vs. PFIX ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Simplify Interest Rate Hedge ETF (PFIX)

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

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.22

Average Daily Volume

80,893

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	PFIX
30 Days	2.26%	1.63%
60 Days	3.81%	26.27%
90 Days	5.24%	22.86%
12 Months	15.89%	7.42%

97 Overlapping Holdings

	Symbol	Grade	Weight in SHUS	Weight in PFIX	Overlap
	ADM	D	0.36%	0.22%	0.22%
	ADP	B	0.21%	0.79%	0.21%
	AEE	A	0.08%	0.14%	0.08%
	AEP	D	0.24%	0.31%	0.24%
	AIG	B	0.19%	0.34%	0.19%
	AMCR	D	0.12%	0.09%	0.09%
	APD	A	0.05%	0.37%	0.05%
	ATO	A	0.32%	0.11%	0.11%
	AVB	B	0.1%	0.19%	0.1%
	AVGO	D	0.22%	3.86%	0.22%
	BAC	A	0.12%	1.73%	0.12%
	BBY	D	0.17%	0.1%	0.1%
	BK	A	0.11%	0.29%	0.11%
	BLK	C	0.09%	0.87%	0.09%
	C	A	0.13%	0.77%	0.13%
	CAG	D	0.21%	0.09%	0.09%
	CHRW	C	0.09%	0.06%	0.06%
	CINF	A	0.14%	0.11%	0.11%
	CMCSA	B	0.51%	1.29%	0.51%
	CMI	A	0.08%	0.28%	0.08%
	CMS	C	0.07%	0.12%	0.07%
	COP	C	0.07%	1.01%	0.07%
	CPB	D	0.2%	0.06%	0.06%
	CSCO	B	0.21%	1.48%	0.21%
	CVS	D	0.68%	0.76%	0.68%
	CVX	A	0.75%	2.06%	0.75%
	DFS	B	0.68%	0.22%	0.22%
	DRI	B	0.5%	0.14%	0.14%
	DTE	C	0.24%	0.17%	0.17%
	EG	C	0.14%	0.09%	0.09%
	EIX	B	0.24%	0.19%	0.19%
	ES	D	0.07%	0.15%	0.07%
	ETN	A	0.26%	0.82%	0.26%
	ETR	B	0.25%	0.14%	0.14%
	EVRG	A	0.08%	0.07%	0.07%
	EXC	C	0.29%	0.27%	0.27%
	FANG	D	0.07%	0.23%	0.07%
	FITB	A	0.05%	0.16%	0.05%
	GD	F	0.16%	0.46%	0.16%
	GILD	C	0.24%	0.66%	0.24%
	GIS	D	0.21%	0.28%	0.21%
	GPC	D	0.15%	0.14%	0.14%
	GRMN	B	0.32%	0.13%	0.13%
	HBAN	A	0.05%	0.13%	0.05%
	HPE	B	0.19%	0.13%	0.13%
	HST	C	0.11%	0.11%	0.11%
	HSY	F	0.17%	0.22%	0.17%
	IP	B	0.06%	0.09%	0.06%
	JCI	C	0.08%	0.29%	0.08%
	JNJ	D	0.23%	2.83%	0.23%
	JPM	A	0.12%	3.9%	0.12%
	KR	B	0.73%	0.26%	0.26%
	LHX	C	0.08%	0.29%	0.08%
	LMT	D	0.08%	0.82%	0.08%
	LNT	A	0.08%	0.08%	0.08%
	MDLZ	F	0.18%	0.76%	0.18%
	MET	A	0.21%	0.32%	0.21%
	MMC	B	0.03%	0.75%	0.03%
	MOS	F	0.08%	0.07%	0.07%
	MS	A	0.26%	0.81%	0.26%
	MTB	A	0.06%	0.15%	0.06%
	NI	A	0.32%	0.08%	0.08%
	NSC	B	0.08%	0.42%	0.08%
	NTRS	A	0.08%	0.11%	0.08%
	NUE	C	0.25%	0.32%	0.25%
	OKE	A	0.24%	0.31%	0.24%
	OMC	C	0.33%	0.13%	0.13%
	PAYX	C	0.21%	0.3%	0.21%
	PCAR	B	0.12%	0.42%	0.12%
	PEG	A	0.25%	0.23%	0.23%
	PFG	D	0.2%	0.14%	0.14%
	PG	A	0.41%	2.82%	0.41%
	PKG	A	0.06%	0.1%	0.06%
	PLD	D	0.06%	0.91%	0.06%
	PNC	B	0.06%	0.43%	0.06%
	PSX	C	0.5%	0.45%	0.45%
	QCOM	F	0.22%	1.27%	0.22%
	RF	A	0.06%	0.12%	0.06%
	RSG	A	0.18%	0.28%	0.18%
	SNA	A	0.25%	0.1%	0.1%
	SO	D	0.08%	0.55%	0.08%
	SRE	A	0.07%	0.33%	0.07%
	STT	A	0.11%	0.16%	0.11%
	SWKS	F	0.21%	0.12%	0.12%
	SYF	B	0.68%	0.12%	0.12%
	TROW	B	0.08%	0.17%	0.08%
	TRV	B	0.14%	0.38%	0.14%
	TXN	C	0.22%	1.13%	0.22%
	UPS	C	0.08%	0.81%	0.08%
	USB	A	0.05%	0.45%	0.05%
	VICI	C	0.06%	0.22%	0.06%
	VLO	C	0.49%	0.36%	0.36%
	VTRS	A	0.24%	0.11%	0.11%
	VZ	C	0.32%	1.26%	0.32%
	WEC	A	0.07%	0.18%	0.07%
	XEL	A	0.07%	0.25%	0.07%
	XOM	B	0.75%	3.19%	0.75%

SHUS Overweight 403 Positions Relative to PFIX

	Symbol	Grade	Weight
	SYY	B	0.73%
	WMT	A	0.72%
	ROST	C	0.71%
	TJX	A	0.71%
	COST	B	0.7%
	COF	B	0.69%
	WBA	F	0.63%
	DPZ	C	0.52%
	YUM	B	0.5%
	L	A	0.49%
	EL	F	0.49%
	MSI	B	0.49%
	MCD	D	0.49%
	AAPL	C	0.49%
	CMG	B	0.49%
	BRK.A	B	0.49%
	SBUX	A	0.48%
	EA	A	0.48%
	MPC	D	0.48%
	TTWO	A	0.48%
	MTCH	D	0.46%
	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%
	VST	B	0.4%
	PWR	A	0.4%
	CL	D	0.4%
	APTV	D	0.39%
	J	F	0.39%
	CEG	D	0.38%
	JBL	B	0.37%
	HRL	D	0.36%
	BG	F	0.36%
	PM	B	0.35%
	BKR	B	0.35%
	MO	A	0.35%
	CRM	B	0.35%
	TSN	B	0.35%
	ORCL	B	0.34%
	SLB	C	0.34%
	SNPS	B	0.34%
	HPQ	B	0.34%
	T	A	0.33%
	TMUS	B	0.33%
	NKE	D	0.33%
	IPG	D	0.33%
	HCA	F	0.33%
	CDNS	B	0.33%
	IBM	C	0.33%
	HAL	C	0.33%
	AWK	D	0.32%
	MSFT	F	0.32%
	RL	B	0.32%
	UHS	D	0.32%
	TPR	B	0.32%
	NRG	B	0.32%
	AES	F	0.31%
	NVR	D	0.3%
	LULU	C	0.3%
	FCX	D	0.29%
	DECK	A	0.29%
	UAL	A	0.28%
	VRSN	F	0.27%
	STLD	B	0.27%
	TSLA	B	0.27%
	DAL	C	0.27%
	HUM	C	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%
	STZ	D	0.25%
	PHM	D	0.25%
	MOH	F	0.25%
	LUV	C	0.25%
	KMI	A	0.25%
	MNST	C	0.25%
	TAP	C	0.25%
	BMY	B	0.25%
	INCY	C	0.25%
	SCHW	B	0.25%
	CNP	B	0.25%
	RJF	A	0.25%
	UNH	C	0.25%
	LOW	D	0.25%
	ENPH	F	0.25%
	HAS	D	0.25%
	HD	A	0.25%
	GS	A	0.25%
	CNC	D	0.25%
	MRK	F	0.24%
	D	C	0.24%
	TRGP	B	0.24%
	FE	C	0.24%
	ED	D	0.24%
	KDP	D	0.24%
	PFE	D	0.24%
	BIIB	F	0.24%
	ABBV	D	0.24%
	NEE	D	0.24%
	WMB	A	0.24%
	NEM	D	0.24%
	GM	B	0.24%
	LEN	D	0.24%
	ELV	F	0.24%
	KO	D	0.24%
	F	C	0.24%
	CTLT	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%
	DHI	D	0.23%
	LW	C	0.22%
	EBAY	D	0.22%
	DAY	B	0.22%
	NOW	A	0.22%
	NFLX	A	0.22%
	PLTR	B	0.22%
	ADI	D	0.22%
	CPRT	A	0.22%
	GOOGL	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%
	SJM	D	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%
	AFL	B	0.2%
	PARA	C	0.2%
	FFIV	B	0.2%
	ERIE	D	0.2%
	AIZ	A	0.2%
	INTU	C	0.2%
	HSIC	B	0.2%
	FSLR	F	0.2%
	PRU	A	0.2%
	KEYS	A	0.2%
	DIS	B	0.2%
	CAH	B	0.19%
	TEL	B	0.19%
	XYL	D	0.19%
	MAS	D	0.19%
	PGR	A	0.19%
	WBD	C	0.19%
	GLW	B	0.19%
	BBWI	D	0.19%
	PNR	A	0.19%
	ALL	A	0.19%
	BLDR	D	0.19%
	GL	B	0.19%
	JNPR	F	0.19%
	CRWD	B	0.18%
	EQT	B	0.18%
	GEV	B	0.18%
	WM	A	0.18%
	ROL	B	0.18%
	COR	B	0.18%
	K	A	0.18%
	MCK	B	0.18%
	CI	F	0.18%
	MHK	D	0.18%
	APH	A	0.18%
	TGT	F	0.17%
	MMM	D	0.17%
	ANSS	B	0.17%
	DG	F	0.17%
	GE	D	0.17%
	FTNT	C	0.17%
	MLM	B	0.17%
	NTAP	C	0.17%
	DOV	A	0.17%
	GEN	B	0.17%
	ITW	B	0.17%
	WY	D	0.17%
	CTRA	B	0.17%
	DLTR	F	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%
	PEP	F	0.17%
	AMAT	F	0.17%
	ULTA	F	0.17%
	CTAS	B	0.17%
	PANW	C	0.16%
	INTC	D	0.16%
	DVN	F	0.16%
	BA	F	0.16%
	DGX	A	0.16%
	LH	C	0.16%
	TXT	D	0.16%
	HON	B	0.16%
	ADSK	A	0.16%
	TER	D	0.16%
	TECH	D	0.15%
	AZO	C	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%
	URI	B	0.14%
	CB	C	0.14%
	HIG	B	0.14%
	CAT	B	0.14%
	AMD	F	0.14%
	ACGL	D	0.14%
	ORLY	B	0.14%
	KMX	B	0.14%
	LKQ	D	0.14%
	TMO	F	0.14%
	IT	C	0.13%
	EPAM	C	0.13%
	POOL	C	0.13%
	WFC	A	0.13%
	GWW	B	0.13%
	CTSH	B	0.13%
	DE	A	0.13%
	WAB	B	0.13%
	ACN	C	0.13%
	ZBRA	B	0.13%
	BKNG	A	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%
	ABNB	C	0.12%
	MAR	B	0.12%
	EXPE	B	0.12%
	STE	F	0.12%
	ISRG	A	0.12%
	CDW	F	0.12%
	BALL	D	0.12%
	ZBH	C	0.12%
	FAST	B	0.12%
	TSCO	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%
	UBER	D	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%
	INVH	D	0.1%
	EQR	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%
	PSA	D	0.1%
	ARE	D	0.1%
	CPT	B	0.1%
	AXON	A	0.09%
	EXPD	D	0.09%
	KKR	A	0.09%
	CCL	B	0.09%
	AMP	A	0.09%
	NCLH	B	0.09%
	CF	B	0.09%
	IVZ	B	0.09%
	LYV	A	0.09%
	RMD	C	0.09%
	DXCM	D	0.09%
	IDXX	F	0.09%
	PPL	B	0.08%
	CARR	D	0.08%
	TT	A	0.08%
	PH	A	0.08%
	GNRC	B	0.08%
	UNP	C	0.08%
	WYNN	D	0.08%
	OTIS	C	0.08%
	HII	D	0.08%
	NOC	D	0.08%
	BX	A	0.08%
	RTX	C	0.08%
	ODFL	B	0.08%
	LVS	C	0.08%
	JBHT	C	0.08%
	CSX	B	0.08%
	CTVA	C	0.08%
	FMC	D	0.08%
	BEN	C	0.08%
	RCL	A	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%
	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%
	FDX	B	0.07%
	PCG	A	0.07%
	HWM	A	0.07%
	FI	A	0.06%
	KEY	B	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%
	KIM	A	0.06%
	REG	B	0.06%
	AVY	D	0.06%
	FRT	B	0.06%
	SBAC	D	0.06%
	CCI	D	0.06%
	O	D	0.06%
	SPG	B	0.06%
	IRM	D	0.06%
	TDG	D	0.06%
	SHW	A	0.06%
	MA	C	0.05%
	AXP	A	0.05%
	SOLV	C	0.05%
	IFF	D	0.05%
	ECL	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%
	TFC	A	0.05%
	CFG	B	0.05%
	EFX	F	0.04%
	WTW	B	0.04%
	MCO	B	0.04%
	AON	A	0.04%
	CBRE	B	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%
	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%
	BRO	B	0.03%

SHUS Underweight 11 Positions Relative to PFIX

	Symbol	Grade	Weight
	TM	D	-1.97%
	NVS	D	-1.56%
	HSBH	B	-1.23%
	TD	F	-0.83%
	HMC	F	-0.45%
	STLA	F	-0.43%
	E	F	-0.26%
	BCS	C	-0.22%
	FNF	B	-0.1%
	CCEP	C	-0.1%
	FRO	F	-0.02%

SHUS: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Aerospace Chemical Medicine Real Estate Investment Trust Telecommunications Bank Banking Semiconductor Insurance Products Petroleum Industry Transport Investment Bank

PFIX: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Banks - Regional - US Asset Management Banks - Global Semiconductors Utilities - Diversified Auto Manufacturers Communication Equipment Drug Manufacturers - Major Oil & Gas Integrated Packaged Foods Packaging & Containers Aerospace & Defense Business Services Confectioners Credit Services Insurance - Life Insurance - Property & Casualty Integrated Shipping & Logistics Oil & Gas E&P

Keywords: S&P 500 Natural Gas Electricity Nasdaq 100 Bank Insurance Banking Cash Management Insurance Products Investment Bank Investment Management Dow Jones Component Financial Products Chemical Commercial Banking Electric Utility Mining Asset Management Services Cash Management Services Food Products