SPYX vs. SHUS ETF Comparison

Comparison of SPDR S&P 500 Fossil Fuel Free ETF (SPYX) to Syntax Stratified U.S. Total Market Hedged ETF (SHUS)

SPYX

SPDR S&P 500 Fossil Fuel Free ETF

SPYX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index. Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.81

Average Daily Volume

120,750

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

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

Performance

Period	SPYX	SHUS
30 Days	2.88%	2.26%
60 Days	4.36%	3.81%
90 Days	6.16%	5.24%
12 Months	32.78%	15.89%

483 Overlapping Holdings

Symbol	Grade	Weight in SPYX	Weight in SHUS	Overlap
A	D	0.08%	0.15%	0.08%
AAPL	C	7.07%	0.49%	0.49%
ABBV	D	0.61%	0.24%	0.24%
ABNB	C	0.12%	0.12%	0.12%
ABT	B	0.41%	0.06%	0.06%
ACGL	D	0.08%	0.14%	0.08%
ACN	C	0.46%	0.13%	0.13%
ADBE	C	0.48%	0.15%	0.15%
ADI	D	0.22%	0.22%	0.22%
ADM	D	0.05%	0.36%	0.05%
ADP	B	0.25%	0.21%	0.21%
ADSK	A	0.13%	0.16%	0.13%
AEE	A	0.05%	0.08%	0.05%
AEP	D	0.1%	0.24%	0.1%
AES	F	0.02%	0.31%	0.02%
AFL	B	0.11%	0.2%	0.11%
AIG	B	0.1%	0.19%	0.1%
AIZ	A	0.02%	0.2%	0.02%
AJG	B	0.13%	0.03%	0.03%
AKAM	D	0.03%	0.26%	0.03%
ALB	C	0.02%	0.05%	0.02%
ALGN	D	0.03%	0.1%	0.03%
ALL	A	0.11%	0.19%	0.11%
ALLE	D	0.03%	0.07%	0.03%
AMAT	F	0.31%	0.17%	0.17%
AMCR	D	0.03%	0.12%	0.03%
AMD	F	0.46%	0.14%	0.14%
AME	A	0.09%	0.12%	0.09%
AMGN	D	0.32%	0.23%	0.23%
AMP	A	0.11%	0.09%	0.09%
AMT	D	0.19%	0.06%	0.06%
AMZN	C	4.03%	0.21%	0.21%
ANET	C	0.2%	0.21%	0.2%
ANSS	B	0.06%	0.17%	0.06%
AON	A	0.17%	0.04%	0.04%
AOS	F	0.02%	0.21%	0.02%
APD	A	0.14%	0.05%	0.05%
APH	A	0.18%	0.18%	0.18%
APTV	D	0.03%	0.39%	0.03%
ARE	D	0.03%	0.1%	0.03%
ATO	A	0.04%	0.32%	0.04%
AVB	B	0.07%	0.1%	0.07%
AVGO	D	1.62%	0.22%	0.22%
AVY	D	0.03%	0.06%	0.03%
AWK	D	0.05%	0.32%	0.05%
AXON	A	0.09%	0.09%	0.09%
AXP	A	0.33%	0.05%	0.05%
AZO	C	0.12%	0.15%	0.12%
BA	F	0.21%	0.16%	0.16%
BAC	A	0.63%	0.12%	0.12%
BALL	D	0.04%	0.12%	0.04%
BAX	D	0.03%	0.05%	0.03%
BBY	D	0.04%	0.17%	0.04%
BDX	F	0.13%	0.05%	0.05%
BEN	C	0.01%	0.08%	0.01%
BG	F	0.03%	0.36%	0.03%
BIIB	F	0.05%	0.24%	0.05%
BK	A	0.12%	0.11%	0.11%
BKNG	A	0.34%	0.13%	0.13%
BKR	B	0.09%	0.35%	0.09%
BLDR	D	0.04%	0.19%	0.04%
BLK	C	0.3%	0.09%	0.09%
BMY	B	0.24%	0.25%	0.24%
BR	A	0.05%	0.11%	0.05%
BRK.A	B	1.75%	0.49%	0.49%
BRO	B	0.05%	0.03%	0.03%
BSX	B	0.26%	0.06%	0.06%
BWA	D	0.02%	0.41%	0.02%
BX	A	0.27%	0.08%	0.08%
BXP	D	0.02%	0.11%	0.02%
C	A	0.27%	0.13%	0.13%
CAG	D	0.03%	0.21%	0.03%
CAH	B	0.06%	0.19%	0.06%
CARR	D	0.13%	0.08%	0.08%
CAT	B	0.38%	0.14%	0.14%
CB	C	0.22%	0.14%	0.14%
CBOE	B	0.04%	0.04%	0.04%
CBRE	B	0.08%	0.04%	0.04%
CCI	D	0.09%	0.06%	0.06%
CCL	B	0.05%	0.09%	0.05%
CDNS	B	0.17%	0.33%	0.17%
CDW	F	0.05%	0.12%	0.05%
CE	F	0.02%	0.07%	0.02%
CEG	D	0.14%	0.38%	0.14%
CF	B	0.03%	0.09%	0.03%
CFG	B	0.04%	0.05%	0.04%
CHD	B	0.05%	0.41%	0.05%
CHRW	C	0.03%	0.09%	0.03%
CHTR	C	0.08%	0.46%	0.08%
CI	F	0.18%	0.18%	0.18%
CINF	A	0.05%	0.14%	0.05%
CL	D	0.15%	0.4%	0.15%
CLX	B	0.04%	0.41%	0.04%
CMCSA	B	0.34%	0.51%	0.34%
CME	A	0.16%	0.04%	0.04%
CMG	B	0.17%	0.49%	0.17%
CMI	A	0.1%	0.08%	0.08%
CMS	C	0.04%	0.07%	0.04%
CNC	D	0.06%	0.25%	0.06%
CNP	B	0.04%	0.25%	0.04%
COF	B	0.14%	0.69%	0.14%
COR	B	0.09%	0.18%	0.09%
COST	B	0.83%	0.7%	0.7%
CPAY	A	0.05%	0.04%	0.04%
CPB	D	0.02%	0.2%	0.02%
CPRT	A	0.1%	0.22%	0.1%
CPT	B	0.03%	0.1%	0.03%
CRL	C	0.02%	0.14%	0.02%
CRM	B	0.66%	0.35%	0.35%
CRWD	B	0.16%	0.18%	0.16%
CSCO	B	0.48%	0.21%	0.21%
CSGP	D	0.06%	0.04%	0.04%
CSX	B	0.14%	0.08%	0.08%
CTAS	B	0.15%	0.17%	0.15%
CTLT	B	0.02%	0.24%	0.02%
CTSH	B	0.08%	0.13%	0.08%
CTVA	C	0.08%	0.08%	0.08%
CVS	D	0.14%	0.68%	0.14%
CZR	F	0.02%	0.07%	0.02%
D	C	0.1%	0.24%	0.1%
DAL	C	0.08%	0.27%	0.08%
DAY	B	0.02%	0.22%	0.02%
DD	D	0.07%	0.05%	0.05%
DE	A	0.21%	0.13%	0.13%
DECK	A	0.06%	0.29%	0.06%
DFS	B	0.09%	0.68%	0.09%
DG	F	0.03%	0.17%	0.03%
DGX	A	0.04%	0.16%	0.04%
DHI	D	0.1%	0.23%	0.1%
DHR	F	0.31%	0.1%	0.1%
DIS	B	0.4%	0.2%	0.2%
DLR	B	0.11%	0.26%	0.11%
DLTR	F	0.03%	0.17%	0.03%
DOC	D	0.03%	0.11%	0.03%
DOV	A	0.06%	0.17%	0.06%
DOW	F	0.06%	0.07%	0.06%
DPZ	C	0.03%	0.52%	0.03%
DRI	B	0.04%	0.5%	0.04%
DTE	C	0.05%	0.24%	0.05%
DUK	C	0.17%	0.07%	0.07%
DVA	B	0.01%	0.11%	0.01%
DXCM	D	0.06%	0.09%	0.06%
EA	A	0.08%	0.48%	0.08%
EBAY	D	0.06%	0.22%	0.06%
ECL	D	0.13%	0.05%	0.05%
ED	D	0.07%	0.24%	0.07%
EFX	F	0.07%	0.04%	0.04%
EG	C	0.03%	0.14%	0.03%
EIX	B	0.06%	0.24%	0.06%
EL	F	0.03%	0.49%	0.03%
ELV	F	0.19%	0.24%	0.19%
EMN	D	0.02%	0.05%	0.02%
EMR	A	0.15%	0.03%	0.03%
ENPH	F	0.02%	0.25%	0.02%
EPAM	C	0.03%	0.13%	0.03%
EQIX	A	0.17%	0.26%	0.17%
EQR	B	0.05%	0.1%	0.05%
ES	D	0.04%	0.07%	0.04%
ESS	B	0.04%	0.1%	0.04%
ETN	A	0.29%	0.26%	0.26%
ETR	B	0.06%	0.25%	0.06%
EVRG	A	0.03%	0.08%	0.03%
EW	C	0.08%	0.06%	0.06%
EXC	C	0.08%	0.29%	0.08%
EXPD	D	0.03%	0.09%	0.03%
EXPE	B	0.05%	0.12%	0.05%
EXR	D	0.07%	0.11%	0.07%
F	C	0.09%	0.24%	0.09%
FAST	B	0.1%	0.12%	0.1%
FCX	D	0.13%	0.29%	0.13%
FDS	B	0.04%	0.04%	0.04%
FDX	B	0.13%	0.07%	0.07%
FE	C	0.04%	0.24%	0.04%
FFIV	B	0.03%	0.2%	0.03%
FI	A	0.25%	0.06%	0.06%
FICO	B	0.12%	0.03%	0.03%
FIS	C	0.1%	0.05%	0.05%
FITB	A	0.07%	0.05%	0.05%
FMC	D	0.01%	0.08%	0.01%
FOX	A	0.01%	0.1%	0.01%
FOXA	B	0.02%	0.1%	0.02%
FRT	B	0.02%	0.06%	0.02%
FSLR	F	0.04%	0.2%	0.04%
FTNT	C	0.12%	0.17%	0.12%
FTV	C	0.05%	0.03%	0.03%
GD	F	0.15%	0.16%	0.15%
GDDY	A	0.05%	0.26%	0.05%
GE	D	0.39%	0.17%	0.17%
GEHC	F	0.08%	0.1%	0.08%
GEN	B	0.03%	0.17%	0.03%
GEV	B	0.18%	0.18%	0.18%
GILD	C	0.23%	0.24%	0.23%
GIS	D	0.07%	0.21%	0.07%
GL	B	0.02%	0.19%	0.02%
GLW	B	0.07%	0.19%	0.07%
GM	B	0.13%	0.24%	0.13%
GNRC	B	0.02%	0.08%	0.02%
GOOG	C	1.74%	0.22%	0.22%
GOOGL	C	2.1%	0.22%	0.22%
GPC	D	0.04%	0.15%	0.04%
GPN	B	0.06%	0.04%	0.04%
GRMN	B	0.07%	0.32%	0.07%
GS	A	0.38%	0.25%	0.25%
GWW	B	0.11%	0.13%	0.11%
HAL	C	0.05%	0.33%	0.05%
HAS	D	0.02%	0.25%	0.02%
HBAN	A	0.05%	0.05%	0.05%
HCA	F	0.13%	0.33%	0.13%
HD	A	0.82%	0.25%	0.25%
HIG	B	0.07%	0.14%	0.07%
HII	D	0.02%	0.08%	0.02%
HLT	A	0.13%	0.12%	0.12%
HOLX	D	0.04%	0.1%	0.04%
HON	B	0.31%	0.16%	0.16%
HPE	B	0.06%	0.19%	0.06%
HPQ	B	0.07%	0.34%	0.07%
HRL	D	0.02%	0.36%	0.02%
HSIC	B	0.02%	0.2%	0.02%
HST	C	0.02%	0.11%	0.02%
HSY	F	0.05%	0.17%	0.05%
HUBB	B	0.05%	0.26%	0.05%
HUM	C	0.07%	0.26%	0.07%
HWM	A	0.09%	0.07%	0.07%
IBM	C	0.39%	0.33%	0.33%
ICE	C	0.18%	0.04%	0.04%
IDXX	F	0.07%	0.09%	0.07%
IEX	B	0.03%	0.2%	0.03%
IFF	D	0.05%	0.05%	0.05%
INCY	C	0.03%	0.25%	0.03%
INTC	D	0.22%	0.16%	0.16%
INTU	C	0.4%	0.2%	0.2%
INVH	D	0.04%	0.1%	0.04%
IP	B	0.04%	0.06%	0.04%
IPG	D	0.02%	0.33%	0.02%
IQV	D	0.07%	0.13%	0.07%
IR	B	0.08%	0.2%	0.08%
IRM	D	0.07%	0.06%	0.06%
ISRG	A	0.39%	0.12%	0.12%
IT	C	0.08%	0.13%	0.08%
ITW	B	0.15%	0.17%	0.15%
IVZ	B	0.02%	0.09%	0.02%
J	F	0.04%	0.39%	0.04%
JBHT	C	0.03%	0.08%	0.03%
JBL	B	0.03%	0.37%	0.03%
JCI	C	0.12%	0.08%	0.08%
JKHY	D	0.03%	0.05%	0.03%
JNJ	D	0.75%	0.23%	0.23%
JNPR	F	0.03%	0.19%	0.03%
JPM	A	1.4%	0.12%	0.12%
K	A	0.04%	0.18%	0.04%
KDP	D	0.08%	0.24%	0.08%
KEY	B	0.04%	0.06%	0.04%
KEYS	A	0.05%	0.2%	0.05%
KHC	F	0.06%	0.21%	0.06%
KIM	A	0.03%	0.06%	0.03%
KKR	A	0.21%	0.09%	0.09%
KLAC	D	0.18%	0.17%	0.17%
KMB	D	0.09%	0.41%	0.09%
KMI	A	0.11%	0.25%	0.11%
KMX	B	0.03%	0.14%	0.03%
KO	D	0.49%	0.24%	0.24%
KR	B	0.08%	0.73%	0.08%
KVUE	A	0.09%	0.41%	0.09%
L	A	0.03%	0.49%	0.03%
LDOS	C	0.05%	0.13%	0.05%
LEN	D	0.08%	0.24%	0.08%
LH	C	0.04%	0.16%	0.04%
LHX	C	0.1%	0.08%	0.08%
LIN	D	0.44%	0.04%	0.04%
LKQ	D	0.02%	0.14%	0.02%
LLY	F	1.27%	0.23%	0.23%
LMT	D	0.23%	0.08%	0.08%
LNT	A	0.03%	0.08%	0.03%
LOW	D	0.31%	0.25%	0.25%
LULU	C	0.08%	0.3%	0.08%
LUV	C	0.04%	0.25%	0.04%
LVS	C	0.04%	0.08%	0.04%
LW	C	0.02%	0.22%	0.02%
LYB	F	0.04%	0.07%	0.04%
LYV	A	0.04%	0.09%	0.04%
MA	C	0.88%	0.05%	0.05%
MAA	B	0.04%	0.1%	0.04%
MAR	B	0.13%	0.12%	0.12%
MAS	D	0.04%	0.19%	0.04%
MCD	D	0.44%	0.49%	0.44%
MCHP	D	0.07%	0.13%	0.07%
MCK	B	0.16%	0.18%	0.16%
MCO	B	0.15%	0.04%	0.04%
MDLZ	F	0.18%	0.18%	0.18%
MDT	D	0.22%	0.06%	0.06%
MET	A	0.1%	0.21%	0.1%
META	D	2.57%	0.46%	0.46%
MGM	D	0.02%	0.07%	0.02%
MHK	D	0.02%	0.18%	0.02%
MKC	D	0.04%	0.21%	0.04%
MKTX	D	0.02%	0.04%	0.02%
MLM	B	0.07%	0.17%	0.07%
MMC	B	0.22%	0.03%	0.03%
MMM	D	0.15%	0.17%	0.15%
MNST	C	0.08%	0.25%	0.08%
MO	A	0.19%	0.35%	0.19%
MOH	F	0.04%	0.25%	0.04%
MOS	F	0.02%	0.08%	0.02%
MPC	D	0.11%	0.48%	0.11%
MPWR	F	0.06%	0.21%	0.06%
MRK	F	0.51%	0.24%	0.24%
MRNA	F	0.03%	0.23%	0.03%
MS	A	0.34%	0.26%	0.26%
MSCI	C	0.1%	0.04%	0.04%
MSFT	F	6.47%	0.32%	0.32%
MSI	B	0.17%	0.49%	0.17%
MTB	A	0.07%	0.06%	0.06%
MTCH	D	0.02%	0.46%	0.02%
MTD	D	0.06%	0.14%	0.06%
MU	D	0.22%	0.15%	0.15%
NCLH	B	0.02%	0.09%	0.02%
NDAQ	A	0.07%	0.04%	0.04%
NDSN	B	0.03%	0.03%	0.03%
NEE	D	0.32%	0.24%	0.24%
NEM	D	0.1%	0.24%	0.1%
NFLX	A	0.73%	0.22%	0.22%
NI	A	0.03%	0.32%	0.03%
NKE	D	0.19%	0.33%	0.19%
NOC	D	0.14%	0.08%	0.08%
NOW	A	0.44%	0.22%	0.22%
NRG	B	0.04%	0.32%	0.04%
NSC	B	0.12%	0.08%	0.08%
NTAP	C	0.05%	0.17%	0.05%
NTRS	A	0.04%	0.08%	0.04%
NUE	C	0.07%	0.25%	0.07%
NVDA	C	7.36%	0.13%	0.13%
NVR	D	0.05%	0.3%	0.05%
NWS	B	0.01%	0.1%	0.01%
NWSA	B	0.02%	0.1%	0.02%
NXPI	D	0.12%	0.23%	0.12%
O	D	0.1%	0.06%	0.06%
ODFL	B	0.08%	0.08%	0.08%
OKE	A	0.13%	0.24%	0.13%
OMC	C	0.04%	0.33%	0.04%
ON	D	0.06%	0.22%	0.06%
ORCL	B	0.61%	0.34%	0.34%
ORLY	B	0.15%	0.14%	0.14%
OTIS	C	0.08%	0.08%	0.08%
PANW	C	0.26%	0.16%	0.16%
PARA	C	0.01%	0.2%	0.01%
PAYC	B	0.02%	0.21%	0.02%
PAYX	C	0.1%	0.21%	0.1%
PCAR	B	0.12%	0.12%	0.12%
PCG	A	0.09%	0.07%	0.07%
PEG	A	0.09%	0.25%	0.09%
PEP	F	0.46%	0.17%	0.17%
PFE	D	0.3%	0.24%	0.24%
PFG	D	0.04%	0.2%	0.04%
PG	A	0.8%	0.41%	0.41%
PGR	A	0.31%	0.19%	0.19%
PH	A	0.18%	0.08%	0.08%
PHM	D	0.05%	0.25%	0.05%
PKG	A	0.04%	0.06%	0.04%
PLD	D	0.22%	0.06%	0.06%
PM	B	0.41%	0.35%	0.35%
PNC	B	0.17%	0.06%	0.06%
PNR	A	0.04%	0.19%	0.04%
PNW	B	0.02%	0.07%	0.02%
PODD	C	0.04%	0.1%	0.04%
POOL	C	0.03%	0.13%	0.03%
PPG	F	0.06%	0.07%	0.06%
PPL	B	0.05%	0.08%	0.05%
PRU	A	0.09%	0.2%	0.09%
PSA	D	0.11%	0.1%	0.1%
PSX	C	0.11%	0.5%	0.11%
PTC	A	0.05%	0.17%	0.05%
PWR	A	0.1%	0.4%	0.1%
PYPL	B	0.18%	0.06%	0.06%
QCOM	F	0.37%	0.22%	0.22%
QRVO	F	0.01%	0.21%	0.01%
RCL	A	0.11%	0.08%	0.08%
REG	B	0.02%	0.06%	0.02%
REGN	F	0.17%	0.23%	0.17%
RF	A	0.05%	0.06%	0.05%
RJF	A	0.06%	0.25%	0.06%
RL	B	0.02%	0.32%	0.02%
RMD	C	0.07%	0.09%	0.07%
ROK	B	0.07%	0.03%	0.03%
ROL	B	0.03%	0.18%	0.03%
ROP	B	0.12%	0.03%	0.03%
ROST	C	0.1%	0.71%	0.1%
RSG	A	0.09%	0.18%	0.09%
RTX	C	0.32%	0.08%	0.08%
RVTY	F	0.03%	0.1%	0.03%
SBAC	D	0.05%	0.06%	0.05%
SBUX	A	0.23%	0.48%	0.23%
SCHW	B	0.24%	0.25%	0.24%
SHW	A	0.18%	0.06%	0.06%
SJM	D	0.02%	0.21%	0.02%
SLB	C	0.13%	0.34%	0.13%
SMCI	F	0.02%	0.15%	0.02%
SNA	A	0.04%	0.25%	0.04%
SNPS	B	0.17%	0.34%	0.17%
SO	D	0.19%	0.08%	0.08%
SOLV	C	0.02%	0.05%	0.02%
SPG	B	0.11%	0.06%	0.06%
SPGI	C	0.33%	0.04%	0.04%
SRE	A	0.12%	0.07%	0.07%
STE	F	0.05%	0.12%	0.05%
STLD	B	0.04%	0.27%	0.04%
STT	A	0.06%	0.11%	0.06%
STX	D	0.04%	0.17%	0.04%
STZ	D	0.08%	0.25%	0.08%
SW	A	0.05%	0.07%	0.05%
SWK	D	0.03%	0.26%	0.03%
SWKS	F	0.03%	0.21%	0.03%
SYF	B	0.05%	0.68%	0.05%
SYK	C	0.26%	0.12%	0.12%
SYY	B	0.08%	0.73%	0.08%
T	A	0.33%	0.33%	0.33%
TAP	C	0.02%	0.25%	0.02%
TDG	D	0.15%	0.06%	0.06%
TDY	B	0.05%	0.03%	0.03%
TECH	D	0.02%	0.15%	0.02%
TER	D	0.03%	0.16%	0.03%
TFC	A	0.13%	0.05%	0.05%
TFX	F	0.02%	0.05%	0.02%
TGT	F	0.15%	0.17%	0.15%
TJX	A	0.28%	0.71%	0.28%
TMO	F	0.41%	0.14%	0.14%
TMUS	B	0.24%	0.33%	0.24%
TPR	B	0.03%	0.32%	0.03%
TRGP	B	0.09%	0.24%	0.09%
TRMB	B	0.04%	0.03%	0.03%
TROW	B	0.06%	0.08%	0.06%
TRV	B	0.12%	0.14%	0.12%
TSCO	D	0.06%	0.12%	0.06%
TSLA	B	1.76%	0.27%	0.27%
TSN	B	0.04%	0.35%	0.04%
TT	A	0.19%	0.08%	0.08%
TTWO	A	0.06%	0.48%	0.06%
TXN	C	0.38%	0.22%	0.22%
TXT	D	0.03%	0.16%	0.03%
TYL	B	0.05%	0.21%	0.05%
UAL	A	0.06%	0.28%	0.06%
UBER	D	0.31%	0.11%	0.11%
UDR	B	0.03%	0.1%	0.03%
UHS	D	0.03%	0.32%	0.03%
ULTA	F	0.04%	0.17%	0.04%
UNH	C	1.12%	0.25%	0.25%
UNP	C	0.29%	0.08%	0.08%
UPS	C	0.2%	0.08%	0.08%
URI	B	0.12%	0.14%	0.12%
USB	A	0.16%	0.05%	0.05%
V	A	1.05%	0.04%	0.04%
VICI	C	0.07%	0.06%	0.06%
VLO	C	0.09%	0.49%	0.09%
VLTO	D	0.05%	0.03%	0.03%
VMC	B	0.08%	0.17%	0.08%
VRSK	A	0.08%	0.04%	0.04%
VRSN	F	0.03%	0.27%	0.03%
VRTX	F	0.26%	0.23%	0.23%
VST	B	0.1%	0.4%	0.1%
VTR	C	0.05%	0.11%	0.05%
VTRS	A	0.03%	0.24%	0.03%
VZ	C	0.35%	0.32%	0.32%
WAB	B	0.07%	0.13%	0.07%
WAT	B	0.05%	0.15%	0.05%
WBA	F	0.01%	0.63%	0.01%
WBD	C	0.04%	0.19%	0.04%
WDC	D	0.04%	0.17%	0.04%
WEC	A	0.06%	0.07%	0.06%
WELL	A	0.16%	0.11%	0.11%
WFC	A	0.51%	0.13%	0.13%
WM	A	0.17%	0.18%	0.17%
WMB	A	0.14%	0.24%	0.14%
WMT	A	0.75%	0.72%	0.72%
WRB	A	0.04%	0.13%	0.04%
WST	C	0.05%	0.05%	0.05%
WTW	B	0.07%	0.04%	0.04%
WY	D	0.05%	0.17%	0.05%
WYNN	D	0.02%	0.08%	0.02%
XEL	A	0.08%	0.07%	0.07%
XYL	D	0.06%	0.19%	0.06%
YUM	B	0.08%	0.5%	0.08%
ZBH	C	0.05%	0.12%	0.05%
ZBRA	B	0.04%	0.13%	0.04%
ZTS	D	0.16%	0.25%	0.16%

SPYX Overweight 1 Positions Relative to SHUS

	Symbol	Grade	Weight
	LRCX	F	0.2%

SPYX Underweight 17 Positions Relative to SHUS

Symbol	Grade	Weight
CVX	A	-0.75%
XOM	B	-0.75%
PLTR	B	-0.22%
ERIE	D	-0.2%
TEL	B	-0.19%
BBWI	D	-0.19%
EQT	B	-0.18%
CTRA	B	-0.17%
DELL	C	-0.17%
DVN	F	-0.16%
FANG	D	-0.07%
OXY	D	-0.07%
COP	C	-0.07%
MRO	B	-0.07%
EOG	A	-0.07%
APA	D	-0.07%
HES	B	-0.07%