SHUS vs. QRFT ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT)

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

QRFT

QRAFT AI-Enhanced U.S. Large Cap ETF

QRFT Description

The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.19

Average Daily Volume

3,087

Number of Holdings ^*

340

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	QRFT
30 Days	2.26%	0.57%
60 Days	3.81%	2.33%
90 Days	5.24%	3.61%
12 Months	15.89%	30.86%

232 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in QRFT	Overlap
AAPL	C	0.49%	9.44%	0.49%
ABBV	F	0.24%	1.03%	0.24%
ABNB	C	0.12%	0.18%	0.12%
ABT	B	0.06%	0.63%	0.06%
ACN	B	0.13%	0.63%	0.13%
ADBE	C	0.15%	0.82%	0.15%
ADI	D	0.22%	0.4%	0.22%
ADP	A	0.21%	0.35%	0.21%
ADSK	A	0.16%	0.14%	0.14%
AKAM	D	0.26%	0.08%	0.08%
ALGN	D	0.1%	0.05%	0.05%
ALL	A	0.19%	0.12%	0.12%
AMAT	F	0.17%	0.72%	0.17%
AMCR	C	0.12%	0.08%	0.08%
AMD	F	0.14%	0.9%	0.14%
AMGN	F	0.23%	0.56%	0.23%
AMT	C	0.06%	0.06%	0.06%
AMZN	C	0.21%	4.91%	0.21%
ANET	C	0.21%	0.07%	0.07%
ANSS	B	0.17%	0.07%	0.07%
AON	A	0.04%	0.2%	0.04%
AOS	F	0.21%	0.07%	0.07%
APH	A	0.18%	0.06%	0.06%
AVGO	D	0.22%	2.79%	0.22%
AVY	F	0.06%	0.1%	0.06%
AXP	A	0.05%	0.08%	0.05%
AZO	C	0.15%	0.14%	0.14%
BA	F	0.16%	0.38%	0.16%
BAX	F	0.05%	0.09%	0.05%
BDX	F	0.05%	0.27%	0.05%
BIIB	F	0.24%	0.08%	0.08%
BK	A	0.11%	0.12%	0.11%
BKNG	A	0.13%	0.46%	0.13%
BKR	A	0.35%	0.08%	0.08%
BLK	B	0.09%	0.07%	0.07%
BMY	B	0.25%	0.27%	0.25%
BRK.A	B	0.49%	0.22%	0.22%
BSX	A	0.06%	0.07%	0.06%
BWA	D	0.41%	0.06%	0.06%
BX	A	0.08%	0.06%	0.06%
BXP	C	0.11%	0.07%	0.07%
CAG	F	0.21%	0.08%	0.08%
CAH	B	0.19%	0.06%	0.06%
CAT	B	0.14%	0.59%	0.14%
CB	C	0.14%	0.06%	0.06%
CBRE	B	0.04%	0.07%	0.04%
CDNS	B	0.33%	0.3%	0.3%
CFG	B	0.05%	0.09%	0.05%
CHRW	B	0.09%	0.07%	0.07%
CI	D	0.18%	0.33%	0.18%
CL	D	0.4%	0.27%	0.27%
CLX	A	0.41%	0.09%	0.09%
CMCSA	B	0.51%	0.48%	0.48%
CME	B	0.04%	0.25%	0.04%
CMG	B	0.49%	0.06%	0.06%
CMI	A	0.08%	0.1%	0.08%
CNC	D	0.25%	0.1%	0.1%
COP	C	0.07%	0.07%	0.07%
COST	A	0.7%	0.07%	0.07%
CRM	B	0.35%	0.82%	0.35%
CSCO	B	0.21%	0.64%	0.21%
CSX	C	0.08%	0.26%	0.08%
CTLT	C	0.24%	0.07%	0.07%
CTVA	C	0.08%	0.1%	0.08%
CVX	A	0.75%	0.05%	0.05%
DD	C	0.05%	0.09%	0.05%
DE	B	0.13%	0.37%	0.13%
DELL	B	0.17%	0.11%	0.11%
DGX	A	0.16%	0.09%	0.09%
DHR	F	0.1%	0.09%	0.09%
DOW	F	0.07%	0.11%	0.07%
DPZ	C	0.52%	0.1%	0.1%
DUK	C	0.07%	0.06%	0.06%
DXCM	C	0.09%	0.14%	0.09%
EA	A	0.48%	0.09%	0.09%
EBAY	D	0.22%	0.06%	0.06%
EL	F	0.49%	0.06%	0.06%
ELV	F	0.24%	0.07%	0.07%
EMN	C	0.05%	0.08%	0.05%
EQR	C	0.1%	0.06%	0.06%
ESS	B	0.1%	0.1%	0.1%
ETN	A	0.26%	0.07%	0.07%
EXPD	C	0.09%	0.1%	0.09%
EXPE	B	0.12%	0.09%	0.09%
F	C	0.24%	0.12%	0.12%
FDS	B	0.04%	0.09%	0.04%
FFIV	B	0.2%	0.07%	0.07%
FI	A	0.06%	0.31%	0.06%
FICO	B	0.03%	0.1%	0.03%
FIS	C	0.05%	0.12%	0.05%
FTNT	C	0.17%	0.14%	0.14%
GD	D	0.16%	0.06%	0.06%
GDDY	A	0.26%	0.1%	0.1%
GE	D	0.17%	0.59%	0.17%
GILD	C	0.24%	0.3%	0.24%
GIS	D	0.21%	0.1%	0.1%
GLW	B	0.19%	0.09%	0.09%
GM	C	0.24%	0.15%	0.15%
GOOGL	C	0.22%	6.03%	0.22%
GRMN	B	0.32%	0.08%	0.08%
GS	A	0.25%	0.07%	0.07%
HAS	D	0.25%	0.07%	0.07%
HD	B	0.25%	0.06%	0.06%
HLT	A	0.12%	0.14%	0.12%
HOLX	D	0.1%	0.09%	0.09%
HON	C	0.16%	0.47%	0.16%
HPE	B	0.19%	0.06%	0.06%
HPQ	B	0.34%	0.09%	0.09%
IBM	C	0.33%	0.54%	0.33%
ICE	C	0.04%	0.06%	0.04%
IFF	D	0.05%	0.06%	0.05%
INCY	C	0.25%	0.09%	0.09%
INTC	C	0.16%	0.43%	0.16%
INTU	B	0.2%	0.58%	0.2%
IP	A	0.06%	0.09%	0.06%
IRM	C	0.06%	0.06%	0.06%
ISRG	A	0.12%	0.08%	0.08%
ITW	B	0.17%	0.25%	0.17%
IVZ	B	0.09%	0.06%	0.06%
JNJ	C	0.23%	1.26%	0.23%
JNPR	D	0.19%	0.08%	0.08%
K	A	0.18%	0.1%	0.1%
KEY	B	0.06%	0.08%	0.06%
KEYS	A	0.2%	0.06%	0.06%
KHC	F	0.21%	0.1%	0.1%
KKR	A	0.09%	0.07%	0.07%
KLAC	F	0.17%	0.39%	0.17%
KO	D	0.24%	0.05%	0.05%
KR	B	0.73%	0.09%	0.09%
L	A	0.49%	0.09%	0.09%
LDOS	C	0.13%	0.04%	0.04%
LH	B	0.16%	0.09%	0.09%
LHX	C	0.08%	0.12%	0.08%
LIN	C	0.04%	0.09%	0.04%
LLY	F	0.23%	2.9%	0.23%
LMT	D	0.08%	0.38%	0.08%
LOW	C	0.25%	0.48%	0.25%
LYB	F	0.07%	0.08%	0.07%
MA	B	0.05%	1.42%	0.05%
MAA	B	0.1%	0.09%	0.09%
MAR	A	0.12%	0.22%	0.12%
MCD	D	0.49%	0.08%	0.08%
MCK	A	0.18%	0.27%	0.18%
MDLZ	F	0.18%	0.3%	0.18%
MDT	D	0.06%	0.41%	0.06%
MET	A	0.21%	0.15%	0.15%
META	D	0.46%	3.83%	0.46%
MGM	D	0.07%	0.08%	0.07%
MHK	D	0.18%	0.06%	0.06%
MMC	B	0.03%	0.06%	0.03%
MMM	D	0.17%	0.16%	0.16%
MO	A	0.35%	0.27%	0.27%
MPC	D	0.48%	0.21%	0.21%
MRK	D	0.24%	1.14%	0.24%
MRNA	F	0.23%	0.16%	0.16%
MS	A	0.26%	0.08%	0.08%
MSCI	C	0.04%	0.11%	0.04%
MSFT	D	0.32%	9.23%	0.32%
MSI	B	0.49%	0.19%	0.19%
MTD	F	0.14%	0.09%	0.09%
MU	D	0.15%	0.59%	0.15%
NEE	C	0.24%	0.07%	0.07%
NFLX	A	0.22%	1.0%	0.22%
NKE	F	0.33%	0.37%	0.33%
NOC	D	0.08%	0.22%	0.08%
NOW	A	0.22%	0.52%	0.22%
NRG	B	0.32%	0.09%	0.09%
NTAP	C	0.17%	0.06%	0.06%
NTRS	A	0.08%	0.09%	0.08%
NVDA	B	0.13%	0.81%	0.13%
NWSA	A	0.1%	0.09%	0.09%
NXPI	D	0.23%	0.24%	0.23%
ORCL	A	0.34%	1.37%	0.34%
ORLY	B	0.14%	0.18%	0.14%
OTIS	C	0.08%	0.11%	0.08%
PANW	B	0.16%	0.07%	0.07%
PEP	F	0.17%	0.82%	0.17%
PFE	F	0.24%	0.5%	0.24%
PFG	D	0.2%	0.1%	0.1%
PG	C	0.41%	1.37%	0.41%
PLD	F	0.06%	0.07%	0.06%
PM	B	0.35%	0.55%	0.35%
PYPL	B	0.06%	0.22%	0.06%
QCOM	F	0.22%	0.84%	0.22%
QRVO	F	0.21%	0.08%	0.08%
REGN	F	0.23%	0.4%	0.23%
RL	C	0.32%	0.06%	0.06%
ROK	C	0.03%	0.08%	0.03%
RTX	D	0.08%	0.48%	0.08%
SBUX	A	0.48%	0.06%	0.06%
SCHW	B	0.25%	0.07%	0.07%
SHW	B	0.06%	0.06%	0.06%
SJM	D	0.21%	0.08%	0.08%
SNPS	B	0.34%	0.32%	0.32%
SO	C	0.08%	0.06%	0.06%
SPG	A	0.06%	0.14%	0.06%
SPGI	C	0.04%	0.07%	0.04%
STT	B	0.11%	0.05%	0.05%
STX	C	0.17%	0.05%	0.05%
SWK	D	0.26%	0.08%	0.08%
SYF	B	0.68%	0.09%	0.09%
SYK	B	0.12%	0.46%	0.12%
TDG	D	0.06%	0.05%	0.05%
TDY	B	0.03%	0.1%	0.03%
TER	F	0.16%	0.05%	0.05%
TFC	A	0.05%	0.14%	0.05%
TJX	A	0.71%	0.07%	0.07%
TMO	F	0.14%	0.8%	0.14%
TSLA	B	0.27%	0.12%	0.12%
TSN	B	0.35%	0.09%	0.09%
TT	A	0.08%	0.3%	0.08%
TTWO	A	0.48%	0.06%	0.06%
TXN	C	0.22%	0.08%	0.08%
TXT	D	0.16%	0.09%	0.09%
UBER	F	0.11%	0.51%	0.11%
UNH	B	0.25%	0.09%	0.09%
UNP	C	0.08%	0.07%	0.07%
V	A	0.04%	0.08%	0.04%
VRSK	A	0.04%	0.1%	0.04%
VRSN	C	0.27%	0.1%	0.1%
VRTX	D	0.23%	0.43%	0.23%
VTR	B	0.11%	0.05%	0.05%
VTRS	A	0.24%	0.08%	0.08%
WAB	B	0.13%	0.07%	0.07%
WDC	D	0.17%	0.06%	0.06%
WM	B	0.18%	0.32%	0.18%
WMT	A	0.72%	1.74%	0.72%
WTW	B	0.04%	0.07%	0.04%
XOM	B	0.75%	0.1%	0.1%
ZBH	C	0.12%	0.05%	0.05%
ZBRA	B	0.13%	0.09%	0.09%
ZTS	D	0.25%	0.06%	0.06%

SHUS Overweight 268 Positions Relative to QRFT

Symbol	Grade	Weight
SYY	D	0.73%
ROST	D	0.71%
COF	C	0.69%
CVS	D	0.68%
DFS	B	0.68%
WBA	F	0.63%
PSX	C	0.5%
DRI	B	0.5%
YUM	D	0.5%
VLO	C	0.49%
MTCH	D	0.46%
CHTR	C	0.46%
KVUE	A	0.41%
KMB	C	0.41%
CHD	A	0.41%
VST	A	0.4%
PWR	A	0.4%
APTV	F	0.39%
J	D	0.39%
CEG	C	0.38%
JBL	C	0.37%
HRL	D	0.36%
ADM	D	0.36%
BG	D	0.36%
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	C	0.32%
UHS	D	0.32%
ATO	A	0.32%
NI	A	0.32%
TPR	B	0.32%
VZ	C	0.32%
AES	F	0.31%
NVR	D	0.3%
LULU	C	0.3%
FCX	F	0.29%
EXC	C	0.29%
DECK	A	0.29%
UAL	A	0.28%
STLD	B	0.27%
DAL	B	0.27%
HUM	C	0.26%
HUBB	B	0.26%
EQIX	A	0.26%
DLR	B	0.26%
STZ	D	0.25%
PHM	D	0.25%
MOH	F	0.25%
LUV	C	0.25%
KMI	A	0.25%
MNST	C	0.25%
ETR	B	0.25%
TAP	C	0.25%
SNA	A	0.25%
CNP	A	0.25%
RJF	A	0.25%
ENPH	F	0.25%
NUE	C	0.25%
PEG	A	0.25%
AEP	C	0.24%
D	C	0.24%
TRGP	A	0.24%
OKE	A	0.24%
FE	C	0.24%
ED	C	0.24%
KDP	F	0.24%
WMB	A	0.24%
NEM	D	0.24%
LEN	D	0.24%
DTE	C	0.24%
EIX	B	0.24%
DHI	F	0.23%
LW	C	0.22%
DAY	B	0.22%
PLTR	B	0.22%
CPRT	B	0.22%
ON	D	0.22%
GOOG	C	0.22%
MKC	C	0.21%
SWKS	F	0.21%
PAYX	B	0.21%
PAYC	B	0.21%
TYL	B	0.21%
MPWR	F	0.21%
IR	B	0.2%
IEX	C	0.2%
AFL	B	0.2%
PARA	C	0.2%
CPB	D	0.2%
ERIE	D	0.2%
AIZ	A	0.2%
HSIC	C	0.2%
FSLR	F	0.2%
PRU	A	0.2%
DIS	B	0.2%
TEL	B	0.19%
XYL	D	0.19%
MAS	D	0.19%
PGR	A	0.19%
WBD	B	0.19%
BBWI	C	0.19%
PNR	A	0.19%
BLDR	D	0.19%
GL	C	0.19%
AIG	B	0.19%
RSG	A	0.18%
CRWD	B	0.18%
EQT	B	0.18%
GEV	B	0.18%
ROL	B	0.18%
COR	B	0.18%
TGT	F	0.17%
DG	F	0.17%
MLM	C	0.17%
DOV	A	0.17%
GEN	B	0.17%
WY	F	0.17%
BBY	D	0.17%
CTRA	B	0.17%
DLTR	F	0.17%
PTC	B	0.17%
VMC	B	0.17%
HSY	F	0.17%
ULTA	F	0.17%
CTAS	B	0.17%
DVN	F	0.16%
TECH	F	0.15%
GPC	D	0.15%
A	D	0.15%
WAT	C	0.15%
SMCI	F	0.15%
CRL	D	0.14%
CINF	A	0.14%
URI	C	0.14%
TRV	B	0.14%
HIG	B	0.14%
ACGL	C	0.14%
EG	C	0.14%
KMX	B	0.14%
LKQ	F	0.14%
IT	C	0.13%
EPAM	B	0.13%
POOL	C	0.13%
WFC	A	0.13%
GWW	B	0.13%
CTSH	B	0.13%
C	A	0.13%
MCHP	F	0.13%
WRB	A	0.13%
IQV	F	0.13%
STE	D	0.12%
CDW	F	0.12%
BAC	A	0.12%
BALL	F	0.12%
JPM	A	0.12%
FAST	B	0.12%
TSCO	D	0.12%
PCAR	B	0.12%
AME	A	0.12%
DVA	C	0.11%
WELL	A	0.11%
EXR	C	0.11%
DOC	C	0.11%
BR	A	0.11%
HST	C	0.11%
PODD	C	0.1%
NWS	A	0.1%
RVTY	F	0.1%
INVH	D	0.1%
FOX	A	0.1%
UDR	B	0.1%
GEHC	D	0.1%
FOXA	A	0.1%
AVB	B	0.1%
PSA	C	0.1%
ARE	F	0.1%
CPT	B	0.1%
AXON	A	0.09%
CCL	A	0.09%
AMP	A	0.09%
NCLH	B	0.09%
CF	A	0.09%
LYV	A	0.09%
RMD	C	0.09%
IDXX	F	0.09%
PPL	A	0.08%
EVRG	A	0.08%
CARR	C	0.08%
LNT	A	0.08%
AEE	A	0.08%
JCI	B	0.08%
PH	A	0.08%
GNRC	C	0.08%
WYNN	C	0.08%
NSC	B	0.08%
HII	F	0.08%
ODFL	C	0.08%
LVS	B	0.08%
MOS	F	0.08%
JBHT	C	0.08%
FMC	D	0.08%
BEN	C	0.08%
TROW	B	0.08%
RCL	A	0.08%
UPS	C	0.08%
SW	A	0.07%
FANG	C	0.07%
OXY	D	0.07%
PPG	F	0.07%
CZR	F	0.07%
MRO	B	0.07%
EOG	A	0.07%
APA	D	0.07%
HES	B	0.07%
PNW	A	0.07%
CE	F	0.07%
ALLE	C	0.07%
WEC	A	0.07%
ES	C	0.07%
FDX	B	0.07%
PCG	A	0.07%
SRE	A	0.07%
XEL	A	0.07%
CMS	C	0.07%
HWM	A	0.07%
RF	A	0.06%
PNC	B	0.06%
MTB	A	0.06%
EW	C	0.06%
KIM	A	0.06%
REG	A	0.06%
FRT	B	0.06%
SBAC	D	0.06%
VICI	C	0.06%
CCI	C	0.06%
PKG	A	0.06%
O	C	0.06%
APD	A	0.05%
SOLV	D	0.05%
ECL	D	0.05%
WST	C	0.05%
TFX	F	0.05%
ALB	B	0.05%
JKHY	D	0.05%
HBAN	A	0.05%
USB	A	0.05%
FITB	B	0.05%
EFX	F	0.04%
MCO	B	0.04%
CSGP	D	0.04%
GPN	B	0.04%
CBOE	C	0.04%
NDAQ	A	0.04%
CPAY	A	0.04%
MKTX	D	0.04%
VLTO	C	0.03%
EMR	B	0.03%
NDSN	B	0.03%
FTV	C	0.03%
TRMB	B	0.03%
ROP	B	0.03%
AJG	A	0.03%
BRO	B	0.03%

SHUS Underweight 108 Positions Relative to QRFT

Symbol	Grade	Weight
MELI	C	-0.31%
SHOP	B	-0.29%
SPOT	B	-0.19%
MRVL	B	-0.19%
WDAY	B	-0.13%
COIN	C	-0.13%
RBLX	C	-0.11%
ALNY	D	-0.11%
SNAP	D	-0.11%
DASH	B	-0.11%
SNOW	B	-0.11%
HOOD	B	-0.1%
ILMN	C	-0.1%
CHKP	C	-0.1%
DKNG	B	-0.1%
MANH	D	-0.09%
OKTA	C	-0.09%
SSNC	B	-0.09%
SQ	A	-0.09%
BMRN	F	-0.09%
INSM	C	-0.08%
ACM	B	-0.08%
XPO	B	-0.08%
ALLY	C	-0.08%
WEST	C	-0.08%
CYBR	A	-0.08%
MEDP	D	-0.08%
WING	D	-0.08%
YUMC	C	-0.08%
FNF	B	-0.08%
NTNX	B	-0.08%
Z	A	-0.08%
HUBS	A	-0.08%
GWRE	A	-0.08%
UTHR	C	-0.08%
NBIX	C	-0.08%
MASI	B	-0.07%
TWLO	A	-0.07%
JEF	A	-0.07%
PCOR	B	-0.07%
WIX	A	-0.07%
ELAN	D	-0.07%
DOCU	B	-0.07%
FTI	A	-0.07%
TOST	B	-0.07%
MKSI	C	-0.07%
AFG	A	-0.07%
SCI	B	-0.07%
MNDY	C	-0.07%
SRPT	F	-0.07%
SNX	D	-0.07%
ACI	C	-0.07%
GOLD	C	-0.07%
APG	B	-0.07%
OLN	F	-0.06%
GTLB	B	-0.06%
SCCO	F	-0.06%
ZION	B	-0.06%
KD	B	-0.06%
FLS	B	-0.06%
CFR	B	-0.06%
CNI	F	-0.06%
MAT	D	-0.06%
LEA	F	-0.06%
MTN	C	-0.06%
ETSY	D	-0.06%
PINS	F	-0.06%
WEX	D	-0.06%
VOYA	B	-0.06%
CBSH	B	-0.06%
ROKU	D	-0.06%
EXEL	B	-0.06%
CIEN	C	-0.06%
ARW	D	-0.06%
BRBR	A	-0.06%
WSC	F	-0.06%
EXAS	D	-0.06%
AM	A	-0.06%
BPMC	B	-0.06%
RHI	C	-0.06%
ALV	C	-0.06%
TD	D	-0.06%
ORI	A	-0.06%
CR	A	-0.06%
HRB	D	-0.06%
ITCI	C	-0.06%
AYI	B	-0.06%
AGCO	D	-0.06%
CRUS	D	-0.06%
TEAM	A	-0.06%
SF	B	-0.06%
BIO	C	-0.06%
INFA	D	-0.06%
FBIN	D	-0.06%
OHI	C	-0.06%
UNM	A	-0.06%
JAZZ	B	-0.06%
KBR	F	-0.06%
DOX	D	-0.06%
APP	B	-0.05%
BAH	F	-0.05%
NET	B	-0.05%
IOT	A	-0.05%
PSTG	D	-0.05%
LYFT	C	-0.05%
ST	F	-0.05%
CHX	C	-0.05%
CSL	C	-0.04%