SMDY vs. NSCS ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to Nuveen Small Cap Select ETF (NSCS)

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.16

Average Daily Volume

525

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

NSCS

Nuveen Small Cap Select ETF

NSCS Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in exchange-traded common stocks of small-capitalization companies. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers listed on a foreign exchange that trade on such exchange contemporaneously with the shares of the fund. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$27.50

Average Daily Volume

1,075

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	NSCS
30 Days	0.32%	-0.74%
60 Days	0.23%	4.80%
90 Days	3.92%	6.95%
12 Months	21.05%	25.59%

28 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in NSCS	Overlap
AIT	B	0.08%	1.57%	0.08%
ASGN	D	0.14%	1.34%	0.14%
AVNT	C	0.11%	1.52%	0.11%
BKH	C	0.24%	1.3%	0.24%
BRBR	C	0.45%	1.02%	0.45%
BYD	C	0.14%	1.35%	0.14%
CMC	D	0.17%	1.37%	0.17%
CVLT	C	0.38%	1.14%	0.38%
EGP	D	0.08%	1.47%	0.08%
EHC	B	0.25%	1.49%	0.25%
EVR	C	0.17%	2.49%	0.17%
FLR	D	0.17%	1.52%	0.17%
HALO	D	0.45%	0.64%	0.45%
HOMB	D	0.07%	1.33%	0.07%
HQY	C	0.26%	1.52%	0.26%
KEX	C	0.23%	0.87%	0.23%
LITE	A	1.41%	1.3%	1.3%
MMS	B	0.29%	1.4%	0.29%
MTDR	F	0.06%	1.14%	0.06%
ONTO	B	0.4%	1.34%	0.4%
OPCH	F	0.25%	1.19%	0.25%
PRI	A	0.38%	0.88%	0.38%
SLAB	D	0.42%	1.04%	0.42%
SR	C	0.23%	0.92%	0.23%
SSB	C	0.08%	1.83%	0.08%
STAG	D	0.08%	1.45%	0.08%
WTFC	D	0.12%	2.22%	0.12%
ZD	D	0.98%	0.82%	0.82%

SMDY Overweight 363 Positions Relative to NSCS

Symbol	Grade	Weight
SMG	A	2.01%
FYBR	C	1.55%
COTY	F	1.55%
DOCS	A	1.52%
CIEN	A	1.42%
IRDM	B	1.23%
DT	C	0.84%
SBRA	C	0.73%
OHI	C	0.69%
QLYS	F	0.67%
THC	C	0.66%
ACHC	F	0.65%
ARMK	A	0.62%
WING	B	0.58%
WEN	D	0.58%
TXRH	A	0.58%
LNW	F	0.54%
COKE	B	0.53%
DLB	D	0.52%
LAD	C	0.51%
UTHR	C	0.5%
ERIE	A	0.5%
AMKR	F	0.48%
EXEL	B	0.48%
TOL	A	0.47%
PAG	D	0.47%
POST	C	0.47%
TMHC	C	0.46%
KBH	C	0.46%
ILMN	B	0.45%
MTSI	B	0.45%
CRUS	D	0.44%
AN	C	0.44%
SF	A	0.43%
WBS	D	0.43%
IBKR	A	0.42%
RGEN	F	0.42%
PSTG	F	0.41%
CNO	C	0.41%
SFM	A	0.4%
SRPT	F	0.4%
CYTK	F	0.39%
ASB	F	0.39%
NVST	D	0.39%
PRGO	F	0.39%
GMED	D	0.39%
LSCC	D	0.38%
JAZZ	F	0.38%
POWI	F	0.37%
UNM	A	0.37%
MANH	C	0.37%
LIVN	B	0.36%
DUOL	B	0.36%
ALGM	F	0.36%
MKSI	F	0.36%
FNF	A	0.35%
PCTY	B	0.35%
WEX	C	0.35%
SYNA	D	0.35%
ENOV	F	0.35%
GHC	B	0.35%
KMPR	D	0.34%
MTG	B	0.34%
RNR	A	0.34%
PPC	B	0.34%
CAR	D	0.34%
DBX	B	0.34%
HRB	C	0.34%
NBIX	F	0.34%
BURL	D	0.33%
INGR	A	0.33%
USFD	C	0.33%
HAE	D	0.33%
MIDD	D	0.33%
CPRI	B	0.33%
BHF	F	0.33%
AZTA	F	0.33%
FAF	B	0.33%
AMG	B	0.33%
BMRN	F	0.33%
EQH	C	0.33%
PFGC	A	0.32%
ESNT	C	0.32%
ESAB	C	0.32%
TGNA	B	0.32%
BLKB	C	0.32%
FHI	C	0.32%
JHG	C	0.32%
NXST	D	0.31%
MEDP	F	0.31%
ARWR	F	0.31%
MORN	C	0.31%
TKO	A	0.31%
RMBS	F	0.3%
VOYA	A	0.3%
JWN	D	0.3%
NYT	A	0.3%
RGA	C	0.3%
CG	C	0.3%
LECO	D	0.29%
CRI	D	0.29%
LOPE	D	0.29%
SEIC	B	0.29%
APPF	C	0.29%
SAM	D	0.28%
TEX	F	0.28%
FLO	D	0.28%
ALTR	B	0.28%
DAR	F	0.28%
NWE	B	0.27%
PNM	B	0.27%
IDA	C	0.27%
WMG	D	0.27%
COLM	B	0.27%
OGE	A	0.27%
MSA	F	0.27%
DKS	D	0.27%
WU	D	0.27%
AGCO	D	0.26%
TDC	D	0.26%
BJ	D	0.26%
ST	F	0.26%
POR	C	0.26%
EEFT	F	0.26%
OSK	F	0.26%
SLM	C	0.26%
TTC	D	0.25%
OGS	C	0.25%
SKX	B	0.25%
LANC	F	0.25%
NSP	F	0.25%
CROX	C	0.25%
PVH	F	0.24%
AYI	A	0.24%
PLNT	B	0.24%
OLLI	C	0.24%
SHC	C	0.24%
VNT	F	0.24%
ORA	C	0.24%
CGNX	F	0.24%
DTM	A	0.24%
ALE	A	0.24%
ZI	F	0.24%
THO	B	0.24%
HOG	D	0.24%
BC	D	0.23%
FIVE	D	0.23%
UGI	C	0.23%
GAP	F	0.23%
NFG	A	0.23%
M	F	0.23%
RH	C	0.23%
SAIC	A	0.23%
IPGP	D	0.23%
SCI	C	0.23%
NJR	C	0.23%
G	A	0.23%
EXLS	A	0.23%
AMED	D	0.23%
ALLY	F	0.22%
NSA	C	0.22%
CELH	F	0.22%
AM	A	0.22%
GME	F	0.22%
CASY	D	0.22%
CUBE	C	0.22%
PII	D	0.22%
JEF	A	0.22%
WSM	B	0.21%
MUSA	D	0.21%
RYAN	A	0.21%
WTRG	D	0.21%
CHE	C	0.21%
SWX	C	0.21%
LFUS	C	0.21%
ELS	D	0.21%
IRT	C	0.21%
THG	C	0.2%
ENS	D	0.2%
CNXC	F	0.2%
AMH	D	0.2%
LNTH	C	0.2%
CLH	C	0.19%
MP	B	0.19%
ORI	B	0.19%
GNTX	D	0.19%
KNX	D	0.19%
CACI	A	0.19%
BCO	C	0.19%
PEN	D	0.19%
VC	F	0.19%
DINO	F	0.18%
LII	C	0.18%
GXO	D	0.18%
SRCL	B	0.18%
NVT	D	0.18%
LSTR	D	0.18%
SAIA	D	0.18%
RGLD	C	0.18%
XPO	F	0.18%
AVTR	D	0.18%
XRAY	D	0.18%
UAA	B	0.17%
WHR	B	0.17%
MAT	D	0.17%
AFG	C	0.17%
JLL	B	0.17%
TPX	C	0.17%
KD	F	0.17%
EXPO	A	0.17%
ANF	F	0.17%
RS	D	0.17%
CHX	D	0.17%
RBA	D	0.17%
R	C	0.17%
FIX	A	0.17%
HLI	C	0.17%
BRKR	D	0.16%
RCM	B	0.16%
ELF	F	0.16%
EXP	C	0.16%
TTEK	B	0.16%
FCN	C	0.16%
NOV	F	0.16%
KNF	C	0.16%
ACM	C	0.16%
UA	B	0.16%
KNSL	D	0.16%
MTZ	B	0.16%
X	F	0.16%
RLI	A	0.16%
EME	C	0.15%
COHR	B	0.15%
PBF	F	0.15%
YETI	B	0.15%
FND	C	0.15%
AA	B	0.15%
SIGI	D	0.15%
NOVT	C	0.14%
KBR	C	0.14%
PCH	C	0.14%
MDU	C	0.14%
MAN	D	0.14%
UMBF	C	0.14%
LPX	A	0.14%
VNO	A	0.14%
PGNY	F	0.14%
BDC	B	0.14%
GATX	F	0.14%
MASI	B	0.14%
BLD	C	0.14%
GLPI	A	0.14%
NEOG	D	0.14%
TCBI	C	0.13%
VAL	F	0.13%
RYN	C	0.13%
CLF	D	0.13%
OLED	C	0.13%
WFRD	F	0.13%
CFR	D	0.12%
CUZ	C	0.12%
CHDN	D	0.12%
HWC	D	0.12%
TREX	D	0.12%
CBSH	D	0.12%
RPM	A	0.11%
CHH	B	0.11%
KRC	C	0.11%
FHN	D	0.11%
DCI	B	0.1%
AAON	A	0.1%
PK	D	0.1%
TNL	B	0.1%
VSH	F	0.1%
GGG	B	0.1%
LEA	F	0.1%
AXTA	C	0.1%
WTS	C	0.1%
RBC	C	0.1%
FLS	A	0.1%
CBT	B	0.1%
WH	C	0.1%
SSD	B	0.09%
CSL	A	0.09%
FR	C	0.09%
CNX	A	0.09%
HGV	F	0.09%
HXL	F	0.09%
RRX	C	0.09%
MTN	D	0.09%
HELE	D	0.09%
VMI	B	0.09%
ATR	A	0.09%
WLK	C	0.09%
ADNT	D	0.09%
VVV	D	0.09%
H	C	0.09%
WWD	B	0.08%
ARW	C	0.08%
BWXT	A	0.08%
BRX	C	0.08%
ADC	B	0.08%
OC	C	0.08%
FFIN	D	0.08%
VLY	C	0.08%
WMS	D	0.08%
NEU	F	0.08%
MSM	D	0.08%
ALV	F	0.08%
VAC	D	0.08%
ITT	B	0.08%
CW	A	0.08%
COLB	C	0.08%
GTLS	F	0.08%
TKR	D	0.08%
REXR	D	0.08%
TPL	B	0.08%
OLN	D	0.08%
WPC	C	0.08%
ASH	F	0.08%
OZK	F	0.07%
CACC	F	0.07%
PR	F	0.07%
ZION	D	0.07%
ONB	D	0.07%
SNX	C	0.07%
CADE	D	0.07%
UFPI	C	0.07%
SWN	D	0.07%
UBSI	D	0.07%
NNN	A	0.07%
SNV	D	0.07%
EWBC	D	0.07%
CR	B	0.07%
AVT	C	0.07%
GBCI	C	0.07%
KRG	C	0.07%
GT	F	0.07%
CC	D	0.07%
EPR	C	0.07%
LAMR	C	0.07%
PB	D	0.07%
PNFP	D	0.07%
CHRD	F	0.06%
CIVI	F	0.06%
CNM	F	0.06%
CCK	C	0.06%
WCC	C	0.06%
AR	B	0.06%
BERY	C	0.06%
SLGN	C	0.06%
OVV	F	0.06%
RRC	D	0.06%
STWD	C	0.06%
FNB	D	0.06%
MUR	F	0.06%
CHK	D	0.06%
IBOC	D	0.06%
SON	D	0.05%
GEF	D	0.05%
GPK	C	0.05%
WOLF	F	0.04%
WSO	C	0.04%

SMDY Underweight 46 Positions Relative to NSCS

Symbol	Grade	Weight
PIPR	B	-2.21%
NOG	F	-1.72%
PRMW	C	-1.72%
BANR	C	-1.65%
MMSI	C	-1.61%
ESE	B	-1.61%
ACA	C	-1.58%
AVAV	B	-1.52%
FIBK	D	-1.47%
TPH	C	-1.47%
MGNI	D	-1.44%
SHAK	C	-1.42%
WK	D	-1.41%
KTOS	A	-1.39%
TROX	D	-1.38%
SUM	D	-1.38%
SIG	C	-1.38%
SHOO	A	-1.38%
QTWO	C	-1.37%
EVRI	A	-1.32%
NPO	C	-1.3%
GDYN	B	-1.25%
ARCB	D	-1.19%
RDNT	C	-1.18%
ICHR	D	-1.11%
PFBC	D	-1.1%
GKOS	B	-1.09%
LADR	D	-1.02%
SEM	D	-0.92%
RBRK	F	-0.92%
ENV	C	-0.88%
DAN	D	-0.85%
INN	A	-0.79%
FROG	F	-0.78%
SIBN	F	-0.74%
TTMI	D	-0.73%
INSM	D	-0.72%
KRYS	D	-0.71%
CRNX	C	-0.69%
PCVX	B	-0.67%
ESTA	D	-0.66%
ARHS	F	-0.62%
MDGL	F	-0.48%
TCMD	B	-0.48%
IMVT	F	-0.46%
BPMC	F	-0.32%