SHUS vs. UDIV ETF Comparison

Comparison of Syntax Stratified U.S. Total Market Hedged ETF (SHUS) to Franklin U.S. Core Dividend Tilt Index ETF (UDIV)

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

UDIV

Franklin U.S. Core Dividend Tilt Index ETF

UDIV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ Global Dividend Index. The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index includes stocks from developed and emerging market countries with high and persistent dividend income that have favorable exposure to a quality investment style factor.

Grade (RS Rating)

Last Trade

$46.42

Average Daily Volume

4,741

Number of Holdings ^*

277

* may have additional holdings in another (foreign) market

Performance

Period	SHUS	UDIV
30 Days	2.26%	2.89%
60 Days	3.81%	4.78%
90 Days	5.24%	6.71%
12 Months	15.89%	35.02%

243 Overlapping Holdings

Symbol	Grade	Weight in SHUS	Weight in UDIV	Overlap
AAPL	C	0.49%	6.17%	0.49%
ABBV	D	0.24%	0.97%	0.24%
ABT	B	0.06%	0.48%	0.06%
ACN	C	0.13%	0.45%	0.13%
ADBE	C	0.15%	0.35%	0.15%
ADI	D	0.22%	0.52%	0.22%
ADP	B	0.21%	0.13%	0.13%
AEE	A	0.08%	0.03%	0.03%
AEP	D	0.24%	0.29%	0.24%
AES	F	0.31%	0.06%	0.06%
ALL	A	0.19%	0.1%	0.1%
AMAT	F	0.17%	0.38%	0.17%
AMCR	D	0.12%	0.09%	0.09%
AMD	F	0.14%	0.43%	0.14%
AMGN	D	0.23%	0.62%	0.23%
AMT	D	0.06%	0.35%	0.06%
AMZN	C	0.21%	3.48%	0.21%
ANET	C	0.21%	0.28%	0.21%
APA	D	0.07%	0.06%	0.06%
APD	A	0.05%	0.18%	0.05%
APH	A	0.18%	0.05%	0.05%
ARE	D	0.1%	0.1%	0.1%
AVB	B	0.1%	0.18%	0.1%
AVGO	D	0.22%	1.72%	0.22%
AXON	A	0.09%	0.08%	0.08%
BAC	A	0.12%	0.65%	0.12%
BAX	D	0.05%	0.09%	0.05%
BBY	D	0.17%	0.11%	0.11%
BEN	C	0.08%	0.04%	0.04%
BK	A	0.11%	0.33%	0.11%
BKR	B	0.35%	0.18%	0.18%
BLK	C	0.09%	0.87%	0.09%
BMY	B	0.25%	0.69%	0.25%
BR	A	0.11%	0.11%	0.11%
BX	A	0.08%	0.76%	0.08%
BXP	D	0.11%	0.07%	0.07%
C	A	0.13%	0.82%	0.13%
CAG	D	0.21%	0.07%	0.07%
CAH	B	0.19%	0.02%	0.02%
CAT	B	0.14%	0.1%	0.1%
CCI	D	0.06%	0.24%	0.06%
CDNS	B	0.33%	0.14%	0.14%
CFG	B	0.05%	0.13%	0.05%
CINF	A	0.14%	0.14%	0.14%
CLX	B	0.41%	0.12%	0.12%
CMCSA	B	0.51%	0.36%	0.36%
CME	A	0.04%	0.46%	0.04%
CMG	B	0.49%	0.12%	0.12%
CMI	A	0.08%	0.3%	0.08%
CMS	C	0.07%	0.11%	0.07%
COP	C	0.07%	0.25%	0.07%
COST	B	0.7%	0.26%	0.26%
CPB	D	0.2%	0.05%	0.05%
CPT	B	0.1%	0.07%	0.07%
CRM	B	0.35%	0.51%	0.35%
CRWD	B	0.18%	0.3%	0.18%
CSCO	B	0.21%	0.86%	0.21%
CTRA	B	0.17%	0.12%	0.12%
CVS	D	0.68%	0.39%	0.39%
CVX	A	0.75%	1.12%	0.75%
D	C	0.24%	0.27%	0.24%
DELL	C	0.17%	0.1%	0.1%
DFS	B	0.68%	0.14%	0.14%
DG	F	0.17%	0.03%	0.03%
DIS	B	0.2%	0.13%	0.13%
DLR	B	0.26%	0.32%	0.26%
DOC	D	0.11%	0.09%	0.09%
DOW	F	0.07%	0.19%	0.07%
DRI	B	0.5%	0.12%	0.12%
DTE	C	0.24%	0.14%	0.14%
DUK	C	0.07%	0.49%	0.07%
DVN	F	0.16%	0.16%	0.16%
EBAY	D	0.22%	0.13%	0.13%
ED	D	0.24%	0.19%	0.19%
EIX	B	0.24%	0.19%	0.19%
EL	F	0.49%	0.09%	0.09%
EMN	D	0.05%	0.07%	0.05%
EMR	A	0.03%	0.22%	0.03%
EOG	A	0.07%	0.07%	0.07%
EQIX	A	0.26%	0.21%	0.21%
EQR	B	0.1%	0.14%	0.1%
ES	D	0.07%	0.12%	0.07%
ESS	B	0.1%	0.11%	0.1%
ETN	A	0.26%	0.41%	0.26%
ETR	B	0.25%	0.18%	0.18%
EVRG	A	0.08%	0.08%	0.08%
EXC	C	0.29%	0.22%	0.22%
EXR	D	0.11%	0.2%	0.11%
F	C	0.24%	0.27%	0.24%
FANG	D	0.07%	0.21%	0.07%
FAST	B	0.12%	0.27%	0.12%
FDX	B	0.07%	0.08%	0.07%
FE	C	0.24%	0.12%	0.12%
FIS	C	0.05%	0.02%	0.02%
FITB	A	0.05%	0.19%	0.05%
GD	F	0.16%	0.06%	0.06%
GEN	B	0.17%	0.07%	0.07%
GILD	C	0.24%	0.63%	0.24%
GIS	D	0.21%	0.2%	0.2%
GLW	B	0.19%	0.21%	0.19%
GOOG	C	0.22%	1.73%	0.22%
GOOGL	C	0.22%	1.92%	0.22%
GPC	D	0.15%	0.11%	0.11%
GRMN	B	0.32%	0.18%	0.18%
GS	A	0.25%	0.44%	0.25%
HBAN	A	0.05%	0.16%	0.05%
HD	A	0.25%	1.06%	0.25%
HON	B	0.16%	0.18%	0.16%
HPE	B	0.19%	0.1%	0.1%
HPQ	B	0.34%	0.23%	0.23%
HRL	D	0.36%	0.05%	0.05%
HST	C	0.11%	0.07%	0.07%
HUBB	B	0.26%	0.06%	0.06%
IBM	C	0.33%	0.81%	0.33%
IFF	D	0.05%	0.13%	0.05%
INTC	D	0.16%	0.41%	0.16%
INTU	C	0.2%	0.47%	0.2%
INVH	D	0.1%	0.12%	0.1%
IP	B	0.06%	0.12%	0.06%
IPG	D	0.33%	0.06%	0.06%
IRM	D	0.06%	0.17%	0.06%
ISRG	A	0.12%	0.14%	0.12%
ITW	B	0.17%	0.43%	0.17%
JCI	C	0.08%	0.23%	0.08%
JNJ	D	0.23%	1.16%	0.23%
JNPR	F	0.19%	0.07%	0.07%
JPM	A	0.12%	1.35%	0.12%
K	A	0.18%	0.12%	0.12%
KEY	B	0.06%	0.11%	0.06%
KHC	F	0.21%	0.16%	0.16%
KIM	A	0.06%	0.1%	0.06%
KKR	A	0.09%	0.16%	0.09%
KLAC	D	0.17%	0.3%	0.17%
KMB	D	0.41%	0.26%	0.26%
KMI	A	0.25%	0.32%	0.25%
KO	D	0.24%	0.74%	0.24%
KVUE	A	0.41%	0.23%	0.23%
LIN	D	0.04%	0.14%	0.04%
LKQ	D	0.14%	0.06%	0.06%
LLY	F	0.23%	1.21%	0.23%
LNT	A	0.08%	0.09%	0.08%
LOW	D	0.25%	0.27%	0.25%
LUV	C	0.25%	0.11%	0.11%
LVS	C	0.08%	0.08%	0.08%
LYB	F	0.07%	0.13%	0.07%
MA	C	0.05%	0.23%	0.05%
MAA	B	0.1%	0.1%	0.1%
MCD	D	0.49%	0.23%	0.23%
MCHP	D	0.13%	0.2%	0.13%
MDT	D	0.06%	0.56%	0.06%
MET	A	0.21%	0.11%	0.11%
META	D	0.46%	2.13%	0.46%
MMM	D	0.17%	0.36%	0.17%
MO	A	0.35%	0.56%	0.35%
MPWR	F	0.21%	0.12%	0.12%
MRK	F	0.24%	0.71%	0.24%
MS	A	0.26%	0.94%	0.26%
MSCI	C	0.04%	0.23%	0.04%
MSFT	F	0.32%	6.07%	0.32%
MTB	A	0.06%	0.22%	0.06%
MU	D	0.15%	0.2%	0.15%
NEE	D	0.24%	0.11%	0.11%
NEM	D	0.24%	0.01%	0.01%
NFLX	A	0.22%	0.64%	0.22%
NI	A	0.32%	0.09%	0.09%
NKE	D	0.33%	0.13%	0.13%
NOW	A	0.22%	0.47%	0.22%
NSC	B	0.08%	0.07%	0.07%
NTAP	C	0.17%	0.14%	0.14%
NTRS	A	0.08%	0.13%	0.08%
NVDA	C	0.13%	6.83%	0.13%
NXPI	D	0.23%	0.35%	0.23%
O	D	0.06%	0.28%	0.06%
OKE	A	0.24%	0.38%	0.24%
OMC	C	0.33%	0.11%	0.11%
ORCL	B	0.34%	0.5%	0.34%
PANW	C	0.16%	0.27%	0.16%
PAYX	C	0.21%	0.26%	0.21%
PEG	A	0.25%	0.16%	0.16%
PEP	F	0.17%	0.57%	0.17%
PFE	D	0.24%	0.66%	0.24%
PFG	D	0.2%	0.12%	0.12%
PG	A	0.41%	0.78%	0.41%
PKG	A	0.06%	0.12%	0.06%
PLD	D	0.06%	0.43%	0.06%
PLTR	B	0.22%	0.31%	0.22%
PM	B	0.35%	0.86%	0.35%
PNC	B	0.06%	0.5%	0.06%
PPL	B	0.08%	0.14%	0.08%
PRU	A	0.2%	0.28%	0.2%
PSA	D	0.1%	0.29%	0.1%
PSX	C	0.5%	0.22%	0.22%
QCOM	F	0.22%	0.74%	0.22%
REG	B	0.06%	0.07%	0.06%
RF	A	0.06%	0.15%	0.06%
ROK	B	0.03%	0.2%	0.03%
RTX	C	0.08%	0.18%	0.08%
SBUX	A	0.48%	0.3%	0.3%
SJM	D	0.21%	0.07%	0.07%
SLB	C	0.34%	0.06%	0.06%
SMCI	F	0.15%	0.03%	0.03%
SNA	A	0.25%	0.11%	0.11%
SNPS	B	0.34%	0.11%	0.11%
SO	D	0.08%	0.53%	0.08%
SPG	B	0.06%	0.33%	0.06%
STT	A	0.11%	0.18%	0.11%
STX	D	0.17%	0.11%	0.11%
SW	A	0.07%	0.16%	0.07%
SWK	D	0.26%	0.08%	0.08%
SWKS	F	0.21%	0.08%	0.08%
SYK	C	0.12%	0.02%	0.02%
SYY	B	0.73%	0.17%	0.17%
T	A	0.33%	0.79%	0.33%
TAP	C	0.25%	0.05%	0.05%
TER	D	0.16%	0.02%	0.02%
TFC	A	0.05%	0.38%	0.05%
TGT	F	0.17%	0.28%	0.17%
TROW	B	0.08%	0.16%	0.08%
TSCO	D	0.12%	0.04%	0.04%
TSLA	B	0.27%	1.48%	0.27%
TSN	B	0.35%	0.11%	0.11%
TT	A	0.08%	0.02%	0.02%
TXN	C	0.22%	0.85%	0.22%
UBER	D	0.11%	0.28%	0.11%
UDR	B	0.1%	0.08%	0.08%
UNH	C	0.25%	0.87%	0.25%
UNP	C	0.08%	0.3%	0.08%
UPS	C	0.08%	0.57%	0.08%
USB	A	0.05%	0.47%	0.05%
V	A	0.04%	0.34%	0.04%
VICI	C	0.06%	0.19%	0.06%
VLO	C	0.49%	0.08%	0.08%
VTR	C	0.11%	0.14%	0.11%
VTRS	A	0.24%	0.1%	0.1%
VZ	C	0.32%	0.77%	0.32%
WBA	F	0.63%	0.04%	0.04%
WEC	A	0.07%	0.18%	0.07%
WELL	A	0.11%	0.12%	0.11%
WFC	A	0.13%	0.42%	0.13%
WMB	A	0.24%	0.41%	0.24%
WMT	A	0.72%	0.03%	0.03%
XEL	A	0.07%	0.21%	0.07%
XOM	B	0.75%	1.35%	0.75%

SHUS Overweight 257 Positions Relative to UDIV

Symbol	Grade	Weight
KR	B	0.73%
ROST	C	0.71%
TJX	A	0.71%
COF	B	0.69%
SYF	B	0.68%
DPZ	C	0.52%
YUM	B	0.5%
L	A	0.49%
MSI	B	0.49%
BRK.A	B	0.49%
EA	A	0.48%
MPC	D	0.48%
TTWO	A	0.48%
MTCH	D	0.46%
CHTR	C	0.46%
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%
ADM	D	0.36%
BG	F	0.36%
TMUS	B	0.33%
HCA	F	0.33%
HAL	C	0.33%
AWK	D	0.32%
RL	B	0.32%
UHS	D	0.32%
ATO	A	0.32%
TPR	B	0.32%
NRG	B	0.32%
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%
DAL	C	0.27%
HUM	C	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%
MNST	C	0.25%
INCY	C	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%
CNC	D	0.25%
TRGP	B	0.24%
KDP	D	0.24%
BIIB	F	0.24%
GM	B	0.24%
LEN	D	0.24%
ELV	F	0.24%
CTLT	B	0.24%
REGN	F	0.23%
VRTX	F	0.23%
MRNA	F	0.23%
DHI	D	0.23%
LW	C	0.22%
DAY	B	0.22%
CPRT	A	0.22%
ON	D	0.22%
AOS	F	0.21%
MKC	D	0.21%
QRVO	F	0.21%
PAYC	B	0.21%
TYL	B	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%
HSIC	B	0.2%
FSLR	F	0.2%
KEYS	A	0.2%
TEL	B	0.19%
XYL	D	0.19%
MAS	D	0.19%
PGR	A	0.19%
WBD	C	0.19%
BBWI	D	0.19%
PNR	A	0.19%
BLDR	D	0.19%
GL	B	0.19%
AIG	B	0.19%
RSG	A	0.18%
EQT	B	0.18%
GEV	B	0.18%
WM	A	0.18%
MDLZ	F	0.18%
ROL	B	0.18%
COR	B	0.18%
MCK	B	0.18%
CI	F	0.18%
MHK	D	0.18%
ANSS	B	0.17%
GE	D	0.17%
FTNT	C	0.17%
MLM	B	0.17%
DOV	A	0.17%
WY	D	0.17%
DLTR	F	0.17%
PTC	A	0.17%
VMC	B	0.17%
WDC	D	0.17%
HSY	F	0.17%
ULTA	F	0.17%
CTAS	B	0.17%
BA	F	0.16%
DGX	A	0.16%
LH	C	0.16%
TXT	D	0.16%
ADSK	A	0.16%
TECH	D	0.15%
AZO	C	0.15%
A	D	0.15%
WAT	B	0.15%
MTD	D	0.14%
CRL	C	0.14%
URI	B	0.14%
TRV	B	0.14%
CB	C	0.14%
HIG	B	0.14%
ACGL	D	0.14%
EG	C	0.14%
ORLY	B	0.14%
KMX	B	0.14%
TMO	F	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%
LDOS	C	0.13%
WRB	A	0.13%
IQV	D	0.13%
HLT	A	0.12%
ABNB	C	0.12%
MAR	B	0.12%
EXPE	B	0.12%
STE	F	0.12%
CDW	F	0.12%
BALL	D	0.12%
ZBH	C	0.12%
PCAR	B	0.12%
AME	A	0.12%
DVA	B	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%
FOX	A	0.1%
GEHC	F	0.1%
ALGN	D	0.1%
FOXA	B	0.1%
EXPD	D	0.09%
CCL	B	0.09%
AMP	A	0.09%
CHRW	C	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%
CARR	D	0.08%
PH	A	0.08%
GNRC	B	0.08%
WYNN	D	0.08%
OTIS	C	0.08%
LMT	D	0.08%
HII	D	0.08%
NOC	D	0.08%
ODFL	B	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%
RCL	A	0.08%
OXY	D	0.07%
PPG	F	0.07%
CZR	F	0.07%
MGM	D	0.07%
MRO	B	0.07%
HES	B	0.07%
PNW	B	0.07%
CE	F	0.07%
ALLE	D	0.07%
PCG	A	0.07%
SRE	A	0.07%
HWM	A	0.07%
FI	A	0.06%
EW	C	0.06%
PYPL	B	0.06%
BSX	B	0.06%
AVY	D	0.06%
FRT	B	0.06%
SBAC	D	0.06%
TDG	D	0.06%
SHW	A	0.06%
AXP	A	0.05%
SOLV	C	0.05%
ECL	D	0.05%
WST	C	0.05%
BDX	F	0.05%
TFX	F	0.05%
ALB	C	0.05%
DD	D	0.05%
JKHY	D	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%
NDAQ	A	0.04%
CPAY	A	0.04%
MKTX	D	0.04%
FICO	B	0.03%
VLTO	D	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%
MMC	B	0.03%
BRO	B	0.03%

SHUS Underweight 34 Positions Relative to UDIV

Symbol	Grade	Weight
APO	B	-0.4%
LRCX	F	-0.34%
MELI	D	-0.28%
VRT	B	-0.18%
ARES	A	-0.18%
COIN	C	-0.13%
MRVL	B	-0.12%
ZS	C	-0.11%
DASH	A	-0.11%
WSO	A	-0.11%
SUI	D	-0.09%
DDOG	A	-0.09%
FNF	B	-0.09%
EWBC	A	-0.09%
WPC	D	-0.07%
CG	A	-0.07%
ELS	C	-0.07%
WDAY	B	-0.06%
SCCO	F	-0.06%
HUBS	A	-0.06%
SNOW	C	-0.06%
CNH	C	-0.06%
TTD	B	-0.06%
NET	B	-0.06%
MDB	C	-0.05%
SQ	B	-0.04%
RPRX	D	-0.04%
ENTG	D	-0.04%
CRBG	B	-0.04%
AGR	B	-0.02%
OKTA	C	-0.02%
DT	C	-0.02%
SIRI	C	-0.01%
BSY	D	-0.01%