SHUS vs. TVAL ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)
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
TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$33.11

Average Daily Volume

13,066

Number of Holdings *

144

* may have additional holdings in another (foreign) market
Performance
Period SHUS TVAL
30 Days 2.26% 2.98%
60 Days 3.81% 4.22%
90 Days 5.24% 5.88%
12 Months 15.89% 29.14%
133 Overlapping Holdings
Symbol Grade Weight in SHUS Weight in TVAL Overlap
A D 0.15% 0.33% 0.15%
ABBV D 0.24% 0.36% 0.24%
ACN C 0.13% 0.7% 0.13%
ADI D 0.22% 0.35% 0.22%
AEE A 0.08% 0.65% 0.08%
AIG B 0.19% 0.87% 0.19%
ALL A 0.19% 0.39% 0.19%
AMAT F 0.17% 0.38% 0.17%
AMD F 0.14% 0.22% 0.14%
AME A 0.12% 0.31% 0.12%
AVB B 0.1% 1.22% 0.1%
AVY D 0.06% 0.19% 0.06%
AXP A 0.05% 0.26% 0.05%
AZO C 0.15% 0.52% 0.15%
BA F 0.16% 0.56% 0.16%
BAC A 0.12% 1.89% 0.12%
BAX D 0.05% 0.5% 0.05%
BDX F 0.05% 1.01% 0.05%
BKR B 0.35% 0.35% 0.35%
BLK C 0.09% 0.43% 0.09%
C A 0.13% 0.81% 0.13%
CAG D 0.21% 0.4% 0.21%
CARR D 0.08% 0.27% 0.08%
CAT B 0.14% 0.3% 0.14%
CB C 0.14% 2.23% 0.14%
CDW F 0.12% 0.25% 0.12%
CF B 0.09% 0.52% 0.09%
CI F 0.18% 0.87% 0.18%
CL D 0.4% 0.84% 0.4%
CMCSA B 0.51% 0.46% 0.46%
CME A 0.04% 0.23% 0.04%
CMI A 0.08% 1.09% 0.08%
COF B 0.69% 0.33% 0.33%
COP C 0.07% 1.25% 0.07%
CPAY A 0.04% 0.42% 0.04%
CSX B 0.08% 0.49% 0.08%
CVS D 0.68% 0.23% 0.23%
CVX A 0.75% 0.73% 0.73%
D C 0.24% 0.55% 0.24%
DHR F 0.1% 0.65% 0.1%
DIS B 0.2% 0.2% 0.2%
DTE C 0.24% 0.17% 0.17%
EFX F 0.04% 0.33% 0.04%
ELV F 0.24% 1.81% 0.24%
EOG A 0.07% 0.82% 0.07%
EQIX A 0.26% 0.16% 0.16%
EQT B 0.18% 0.46% 0.18%
FANG D 0.07% 0.43% 0.07%
FI A 0.06% 1.53% 0.06%
FITB A 0.05% 0.77% 0.05%
GE D 0.17% 1.21% 0.17%
GEV B 0.18% 0.7% 0.18%
GOOG C 0.22% 0.95% 0.22%
HAL C 0.33% 0.22% 0.22%
HBAN A 0.05% 0.45% 0.05%
HCA F 0.33% 0.45% 0.33%
HD A 0.25% 0.63% 0.25%
HIG B 0.14% 1.96% 0.14%
HON B 0.16% 0.68% 0.16%
HUBB B 0.26% 0.7% 0.26%
HWM A 0.07% 0.48% 0.07%
IP B 0.06% 0.64% 0.06%
JNJ D 0.23% 1.82% 0.23%
JPM A 0.12% 1.23% 0.12%
KDP D 0.24% 0.4% 0.24%
KEYS A 0.2% 0.35% 0.2%
KMB D 0.41% 0.66% 0.41%
KO D 0.24% 0.72% 0.24%
KVUE A 0.41% 1.49% 0.41%
LEN D 0.24% 0.42% 0.24%
LHX C 0.08% 1.36% 0.08%
LIN D 0.04% 0.73% 0.04%
LLY F 0.23% 1.19% 0.23%
LVS C 0.08% 0.41% 0.08%
MAR B 0.12% 0.47% 0.12%
MCD D 0.49% 0.46% 0.46%
MCHP D 0.13% 0.27% 0.13%
MCK B 0.18% 0.8% 0.18%
MDLZ F 0.18% 0.43% 0.18%
MET A 0.21% 0.22% 0.21%
META D 0.46% 0.87% 0.46%
MGM D 0.07% 0.24% 0.07%
MMC B 0.03% 0.67% 0.03%
MOH F 0.25% 0.28% 0.25%
MRK F 0.24% 0.8% 0.24%
MS A 0.26% 0.56% 0.26%
MSFT F 0.32% 0.65% 0.32%
MSI B 0.49% 0.34% 0.34%
MU D 0.15% 0.45% 0.15%
NEE D 0.24% 0.59% 0.24%
NSC B 0.08% 0.74% 0.08%
NWSA B 0.1% 0.75% 0.1%
OTIS C 0.08% 0.3% 0.08%
PG A 0.41% 0.72% 0.41%
PGR A 0.19% 0.48% 0.19%
PLD D 0.06% 0.34% 0.06%
PM B 0.35% 1.41% 0.35%
PSA D 0.1% 0.44% 0.1%
QCOM F 0.22% 1.08% 0.22%
REGN F 0.23% 0.42% 0.23%
ROK B 0.03% 0.52% 0.03%
ROP B 0.03% 0.29% 0.03%
RSG A 0.18% 0.62% 0.18%
SCHW B 0.25% 0.89% 0.25%
SO D 0.08% 1.67% 0.08%
SPGI C 0.04% 0.26% 0.04%
SRE A 0.07% 0.68% 0.07%
STLD B 0.27% 0.32% 0.27%
SWK D 0.26% 1.1% 0.26%
TDG D 0.06% 0.46% 0.06%
TJX A 0.71% 0.29% 0.29%
TMO F 0.14% 1.12% 0.14%
TMUS B 0.33% 0.88% 0.33%
TT A 0.08% 0.31% 0.08%
TXN C 0.22% 0.7% 0.22%
UAL A 0.28% 0.31% 0.28%
UNH C 0.25% 1.9% 0.25%
UNP C 0.08% 0.42% 0.08%
UPS C 0.08% 0.28% 0.08%
USB A 0.05% 0.56% 0.05%
VMC B 0.17% 0.22% 0.17%
VRTX F 0.23% 0.29% 0.23%
VST B 0.4% 0.74% 0.4%
VZ C 0.32% 0.58% 0.32%
WDC D 0.17% 0.6% 0.17%
WFC A 0.13% 1.77% 0.13%
WMB A 0.24% 0.46% 0.24%
WMT A 0.72% 1.89% 0.72%
WY D 0.17% 0.88% 0.17%
XOM B 0.75% 2.56% 0.75%
YUM B 0.5% 0.36% 0.36%
ZBH C 0.12% 0.85% 0.12%
ZTS D 0.25% 0.23% 0.23%
SHUS Overweight 367 Positions Relative to TVAL
Symbol Grade Weight
KR B 0.73%
SYY B 0.73%
ROST C 0.71%
COST B 0.7%
SYF B 0.68%
DFS B 0.68%
WBA F 0.63%
DPZ C 0.52%
PSX C 0.5%
DRI B 0.5%
L A 0.49%
EL F 0.49%
VLO C 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%
CLX B 0.41%
BWA D 0.41%
CHD B 0.41%
PWR A 0.4%
APTV D 0.39%
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%
SNPS B 0.34%
HPQ B 0.34%
T A 0.33%
NKE D 0.33%
IPG D 0.33%
OMC C 0.33%
CDNS B 0.33%
IBM C 0.33%
AWK D 0.32%
RL B 0.32%
UHS D 0.32%
ATO A 0.32%
NI A 0.32%
TPR B 0.32%
GRMN B 0.32%
NRG B 0.32%
AES F 0.31%
NVR D 0.3%
LULU C 0.3%
FCX D 0.29%
EXC C 0.29%
DECK A 0.29%
VRSN F 0.27%
TSLA B 0.27%
DAL C 0.27%
HUM C 0.26%
ETN A 0.26%
DLR B 0.26%
GDDY A 0.26%
AKAM D 0.26%
STZ D 0.25%
PHM D 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%
BMY B 0.25%
INCY C 0.25%
CNP B 0.25%
RJF A 0.25%
LOW D 0.25%
ENPH F 0.25%
NUE C 0.25%
HAS D 0.25%
PEG A 0.25%
GS A 0.25%
CNC D 0.25%
AEP D 0.24%
TRGP B 0.24%
OKE A 0.24%
FE C 0.24%
VTRS A 0.24%
ED D 0.24%
PFE D 0.24%
BIIB F 0.24%
NEM D 0.24%
GM B 0.24%
F C 0.24%
GILD C 0.24%
CTLT B 0.24%
EIX B 0.24%
NXPI D 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%
AVGO D 0.22%
PLTR B 0.22%
CPRT A 0.22%
GOOGL C 0.22%
ON D 0.22%
KHC F 0.21%
CSCO B 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%
GIS D 0.21%
ADP B 0.21%
PAYX C 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%
CPB D 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%
PFG D 0.2%
CAH B 0.19%
TEL B 0.19%
XYL D 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%
JNPR F 0.19%
CRWD B 0.18%
WM A 0.18%
ROL B 0.18%
COR B 0.18%
K A 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%
FTNT C 0.17%
MLM B 0.17%
NTAP C 0.17%
DOV A 0.17%
GEN B 0.17%
ITW B 0.17%
BBY D 0.17%
CTRA B 0.17%
DLTR F 0.17%
PTC A 0.17%
DELL C 0.17%
KLAC D 0.17%
STX D 0.17%
HSY F 0.17%
PEP F 0.17%
ULTA F 0.17%
CTAS B 0.17%
PANW C 0.16%
INTC D 0.16%
GD F 0.16%
DVN F 0.16%
DGX A 0.16%
LH C 0.16%
TXT D 0.16%
ADSK A 0.16%
TER D 0.16%
TECH D 0.15%
GPC D 0.15%
WAT B 0.15%
SMCI F 0.15%
ADBE C 0.15%
MTD D 0.14%
CRL C 0.14%
CINF A 0.14%
URI B 0.14%
TRV B 0.14%
ACGL D 0.14%
EG C 0.14%
ORLY B 0.14%
KMX B 0.14%
LKQ D 0.14%
IT C 0.13%
EPAM C 0.13%
POOL C 0.13%
GWW B 0.13%
CTSH B 0.13%
DE A 0.13%
WAB B 0.13%
ZBRA B 0.13%
BKNG A 0.13%
NVDA C 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%
EXPE B 0.12%
STE F 0.12%
ISRG A 0.12%
BALL D 0.12%
FAST B 0.12%
TSCO D 0.12%
PCAR B 0.12%
AMCR D 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%
UBER D 0.11%
STT A 0.11%
HOLX D 0.1%
PODD C 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%
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%
CHRW C 0.09%
NCLH 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%
EVRG A 0.08%
LNT A 0.08%
JCI C 0.08%
PH A 0.08%
GNRC B 0.08%
WYNN D 0.08%
LMT D 0.08%
HII D 0.08%
NOC D 0.08%
BX A 0.08%
RTX C 0.08%
ODFL B 0.08%
NTRS A 0.08%
MOS F 0.08%
JBHT C 0.08%
CTVA 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%
OXY D 0.07%
PPG F 0.07%
CZR F 0.07%
MRO B 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%
FDX B 0.07%
PCG A 0.07%
XEL A 0.07%
CMS C 0.07%
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%
KIM A 0.06%
REG B 0.06%
FRT B 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%
SHW A 0.06%
MA C 0.05%
APD A 0.05%
SOLV C 0.05%
IFF D 0.05%
ECL D 0.05%
WST C 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%
WTW B 0.04%
MCO B 0.04%
AON A 0.04%
CBRE B 0.04%
CSGP D 0.04%
GPN B 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%
MKTX D 0.04%
MSCI C 0.04%
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%
AJG B 0.03%
BRO B 0.03%
SHUS Underweight 11 Positions Relative to TVAL
Symbol Grade Weight
EQH B -1.0%
TTE F -0.7%
RPM A -0.52%
REXR F -0.48%
AZN D -0.47%
APO B -0.46%
ARES A -0.45%
LAMR D -0.4%
TSM B -0.39%
BHP F -0.2%
SNY F -0.19%
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