SSPY vs. BBUS ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to JPMorgan BetaBuilders U.S. Equity ETF (BBUS)

SSPY

Syntax Stratified LargeCap ETF

SSPY 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 in the Syntax Stratified LargeCap Index (the "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 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$107.85

Average Daily Volume

114,622

Number of Holdings ^*

544

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	BBUS
30 Days	4.23%	3.35%
60 Days	1.79%	4.87%
90 Days	3.72%	6.62%
12 Months	23.81%	33.27%

472 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in BBUS	Overlap
A	D	0.15%	0.07%	0.07%
AAPL	C	0.5%	6.36%	0.5%
ABBV	D	0.24%	0.57%	0.24%
ABNB	C	0.12%	0.11%	0.11%
ABT	B	0.06%	0.39%	0.06%
ACGL	D	0.14%	0.07%	0.07%
ACN	C	0.13%	0.43%	0.13%
ADBE	C	0.16%	0.43%	0.16%
ADI	D	0.22%	0.2%	0.2%
ADM	D	0.37%	0.05%	0.05%
ADP	B	0.21%	0.24%	0.21%
ADSK	A	0.17%	0.13%	0.13%
AEE	A	0.08%	0.05%	0.05%
AEP	D	0.24%	0.1%	0.1%
AES	F	0.32%	0.02%	0.02%
AFL	B	0.2%	0.11%	0.11%
AIG	B	0.2%	0.09%	0.09%
AJG	B	0.03%	0.12%	0.03%
AKAM	D	0.27%	0.03%	0.03%
ALB	C	0.05%	0.02%	0.02%
ALGN	D	0.1%	0.03%	0.03%
ALL	A	0.2%	0.1%	0.1%
ALLE	D	0.08%	0.02%	0.02%
AMAT	F	0.18%	0.27%	0.18%
AMCR	D	0.13%	0.03%	0.03%
AMD	F	0.14%	0.43%	0.14%
AME	A	0.13%	0.09%	0.09%
AMGN	D	0.24%	0.3%	0.24%
AMP	A	0.08%	0.11%	0.08%
AMT	D	0.06%	0.18%	0.06%
AMZN	C	0.22%	3.73%	0.22%
ANET	C	0.21%	0.19%	0.19%
ANSS	B	0.17%	0.06%	0.06%
AON	A	0.04%	0.16%	0.04%
APA	D	0.07%	0.02%	0.02%
APD	A	0.05%	0.14%	0.05%
APH	A	0.19%	0.16%	0.16%
APTV	D	0.4%	0.02%	0.02%
ARE	D	0.11%	0.03%	0.03%
ATO	A	0.33%	0.04%	0.04%
AVB	B	0.1%	0.06%	0.06%
AVGO	D	0.23%	1.44%	0.23%
AVY	D	0.06%	0.03%	0.03%
AWK	D	0.32%	0.05%	0.05%
AXON	A	0.09%	0.08%	0.08%
AXP	A	0.04%	0.32%	0.04%
AZO	C	0.14%	0.1%	0.1%
BA	F	0.16%	0.21%	0.16%
BAC	A	0.12%	0.6%	0.12%
BALL	D	0.13%	0.04%	0.04%
BAX	D	0.05%	0.03%	0.03%
BBY	D	0.17%	0.03%	0.03%
BDX	F	0.05%	0.13%	0.05%
BEN	C	0.09%	0.01%	0.01%
BG	F	0.37%	0.02%	0.02%
BIIB	F	0.24%	0.04%	0.04%
BK	A	0.11%	0.11%	0.11%
BKNG	A	0.11%	0.32%	0.11%
BKR	B	0.35%	0.09%	0.09%
BLDR	D	0.19%	0.04%	0.04%
BLK	C	0.08%	0.29%	0.08%
BMY	B	0.25%	0.23%	0.23%
BR	A	0.11%	0.05%	0.05%
BRK.A	B	0.5%	1.64%	0.5%
BRO	B	0.04%	0.05%	0.04%
BSX	B	0.06%	0.26%	0.06%
BX	A	0.08%	0.26%	0.08%
BXP	D	0.11%	0.02%	0.02%
C	A	0.13%	0.25%	0.13%
CAG	D	0.21%	0.03%	0.03%
CAH	B	0.19%	0.06%	0.06%
CARR	D	0.08%	0.12%	0.08%
CAT	B	0.14%	0.36%	0.14%
CB	C	0.14%	0.21%	0.14%
CBRE	B	0.04%	0.08%	0.04%
CCI	D	0.06%	0.09%	0.06%
CCL	B	0.09%	0.05%	0.05%
CDNS	B	0.33%	0.16%	0.16%
CDW	F	0.13%	0.05%	0.05%
CE	F	0.07%	0.02%	0.02%
CEG	D	0.38%	0.14%	0.14%
CF	B	0.09%	0.03%	0.03%
CFG	B	0.06%	0.04%	0.04%
CHD	B	0.42%	0.05%	0.05%
CHTR	C	0.47%	0.07%	0.07%
CI	F	0.19%	0.17%	0.17%
CINF	A	0.14%	0.05%	0.05%
CL	D	0.41%	0.15%	0.15%
CLX	B	0.41%	0.04%	0.04%
CMCSA	B	0.52%	0.32%	0.32%
CME	A	0.04%	0.16%	0.04%
CMG	B	0.5%	0.16%	0.16%
CMI	A	0.08%	0.1%	0.08%
CMS	C	0.08%	0.04%	0.04%
CNC	D	0.26%	0.06%	0.06%
CNP	B	0.26%	0.04%	0.04%
COF	B	0.7%	0.13%	0.13%
COP	C	0.07%	0.26%	0.07%
COR	B	0.18%	0.08%	0.08%
COST	B	0.71%	0.8%	0.71%
CPAY	A	0.04%	0.05%	0.04%
CPB	D	0.2%	0.02%	0.02%
CPRT	A	0.23%	0.09%	0.09%
CPT	B	0.11%	0.02%	0.02%
CRL	C	0.14%	0.02%	0.02%
CRM	B	0.35%	0.59%	0.35%
CRWD	B	0.18%	0.16%	0.16%
CSCO	B	0.21%	0.45%	0.21%
CSGP	D	0.04%	0.06%	0.04%
CSX	B	0.08%	0.13%	0.08%
CTAS	B	0.18%	0.15%	0.15%
CTRA	B	0.17%	0.04%	0.04%
CTSH	B	0.13%	0.08%	0.08%
CTVA	C	0.08%	0.08%	0.08%
CVS	D	0.69%	0.14%	0.14%
CVX	A	0.76%	0.53%	0.53%
D	C	0.24%	0.09%	0.09%
DAL	C	0.28%	0.08%	0.08%
DAY	B	0.22%	0.02%	0.02%
DD	D	0.05%	0.07%	0.05%
DE	A	0.13%	0.2%	0.13%
DECK	A	0.3%	0.05%	0.05%
DELL	C	0.17%	0.07%	0.07%
DFS	B	0.69%	0.08%	0.08%
DG	F	0.17%	0.03%	0.03%
DGX	A	0.16%	0.03%	0.03%
DHI	D	0.24%	0.09%	0.09%
DHR	F	0.1%	0.29%	0.1%
DIS	B	0.21%	0.4%	0.21%
DLR	B	0.26%	0.12%	0.12%
DLTR	F	0.17%	0.03%	0.03%
DOC	D	0.11%	0.03%	0.03%
DOV	A	0.17%	0.05%	0.05%
DOW	F	0.07%	0.06%	0.06%
DPZ	C	0.52%	0.03%	0.03%
DRI	B	0.51%	0.04%	0.04%
DTE	C	0.25%	0.05%	0.05%
DUK	C	0.07%	0.17%	0.07%
DVN	F	0.16%	0.05%	0.05%
DXCM	D	0.1%	0.06%	0.06%
EA	A	0.49%	0.08%	0.08%
EBAY	D	0.22%	0.06%	0.06%
ECL	D	0.05%	0.12%	0.05%
ED	D	0.24%	0.07%	0.07%
EFX	F	0.04%	0.06%	0.04%
EG	C	0.14%	0.03%	0.03%
EIX	B	0.25%	0.06%	0.06%
EL	F	0.5%	0.03%	0.03%
ELV	F	0.24%	0.18%	0.18%
EMN	D	0.05%	0.02%	0.02%
EMR	A	0.03%	0.14%	0.03%
ENPH	F	0.26%	0.02%	0.02%
EOG	A	0.07%	0.15%	0.07%
EPAM	C	0.13%	0.03%	0.03%
EQIX	A	0.27%	0.17%	0.17%
EQR	B	0.1%	0.05%	0.05%
EQT	B	0.18%	0.05%	0.05%
ES	D	0.07%	0.04%	0.04%
ESS	B	0.1%	0.04%	0.04%
ETN	A	0.26%	0.28%	0.26%
ETR	B	0.25%	0.06%	0.06%
EVRG	A	0.08%	0.03%	0.03%
EW	C	0.06%	0.08%	0.06%
EXC	C	0.3%	0.07%	0.07%
EXPD	D	0.09%	0.03%	0.03%
EXPE	B	0.12%	0.04%	0.04%
EXR	D	0.11%	0.07%	0.07%
F	C	0.25%	0.08%	0.08%
FANG	D	0.07%	0.06%	0.06%
FAST	B	0.13%	0.09%	0.09%
FCX	D	0.3%	0.12%	0.12%
FDS	B	0.04%	0.03%	0.03%
FDX	B	0.07%	0.13%	0.07%
FE	C	0.24%	0.04%	0.04%
FFIV	B	0.21%	0.03%	0.03%
FI	A	0.06%	0.24%	0.06%
FICO	B	0.05%	0.11%	0.05%
FIS	C	0.05%	0.09%	0.05%
FITB	A	0.06%	0.06%	0.06%
FOX	A	0.1%	0.01%	0.01%
FOXA	B	0.1%	0.02%	0.02%
FSLR	F	0.2%	0.04%	0.04%
FTNT	C	0.17%	0.12%	0.12%
FTV	C	0.03%	0.05%	0.03%
GD	F	0.16%	0.13%	0.13%
GDDY	A	0.27%	0.05%	0.05%
GE	D	0.17%	0.37%	0.17%
GEHC	F	0.1%	0.06%	0.06%
GEN	B	0.17%	0.03%	0.03%
GEV	B	0.18%	0.18%	0.18%
GILD	C	0.25%	0.21%	0.21%
GIS	D	0.21%	0.07%	0.07%
GLW	B	0.19%	0.07%	0.07%
GM	B	0.25%	0.12%	0.12%
GOOG	C	0.23%	1.79%	0.23%
GOOGL	C	0.23%	2.0%	0.23%
GPC	D	0.15%	0.03%	0.03%
GPN	B	0.04%	0.06%	0.04%
GRMN	B	0.33%	0.06%	0.06%
GS	A	0.25%	0.36%	0.25%
GWW	B	0.12%	0.1%	0.1%
HAL	C	0.34%	0.05%	0.05%
HBAN	A	0.06%	0.05%	0.05%
HCA	F	0.33%	0.12%	0.12%
HD	A	0.26%	0.77%	0.26%
HES	B	0.07%	0.08%	0.07%
HIG	B	0.14%	0.07%	0.07%
HII	D	0.08%	0.01%	0.01%
HLT	A	0.12%	0.12%	0.12%
HOLX	D	0.1%	0.04%	0.04%
HON	B	0.17%	0.29%	0.17%
HPE	B	0.19%	0.05%	0.05%
HPQ	B	0.35%	0.07%	0.07%
HRL	D	0.36%	0.02%	0.02%
HST	C	0.11%	0.02%	0.02%
HSY	F	0.18%	0.05%	0.05%
HUBB	B	0.26%	0.05%	0.05%
HUM	C	0.26%	0.07%	0.07%
HWM	A	0.08%	0.09%	0.08%
IBM	C	0.34%	0.38%	0.34%
ICE	C	0.04%	0.17%	0.04%
IDXX	F	0.1%	0.07%	0.07%
IEX	B	0.2%	0.03%	0.03%
IFF	D	0.05%	0.04%	0.04%
INCY	C	0.25%	0.02%	0.02%
INTC	D	0.16%	0.2%	0.16%
INTU	C	0.2%	0.35%	0.2%
INVH	D	0.1%	0.04%	0.04%
IP	B	0.06%	0.04%	0.04%
IPG	D	0.34%	0.02%	0.02%
IQV	D	0.14%	0.07%	0.07%
IR	B	0.2%	0.08%	0.08%
IRM	D	0.06%	0.07%	0.06%
ISRG	A	0.12%	0.37%	0.12%
IT	C	0.13%	0.08%	0.08%
ITW	B	0.17%	0.15%	0.15%
J	F	0.4%	0.03%	0.03%
JBHT	C	0.08%	0.03%	0.03%
JCI	C	0.08%	0.11%	0.08%
JKHY	D	0.05%	0.02%	0.02%
JNJ	D	0.24%	0.71%	0.24%
JNPR	F	0.2%	0.02%	0.02%
JPM	A	0.13%	1.33%	0.13%
K	A	0.18%	0.04%	0.04%
KDP	D	0.24%	0.07%	0.07%
KEY	B	0.06%	0.03%	0.03%
KEYS	A	0.21%	0.06%	0.06%
KHC	F	0.21%	0.05%	0.05%
KIM	A	0.06%	0.03%	0.03%
KKR	A	0.09%	0.2%	0.09%
KLAC	D	0.17%	0.16%	0.16%
KMB	D	0.42%	0.09%	0.09%
KMI	A	0.25%	0.11%	0.11%
KMX	B	0.14%	0.02%	0.02%
KO	D	0.25%	0.48%	0.25%
KR	B	0.74%	0.08%	0.08%
KVUE	A	0.42%	0.08%	0.08%
L	A	0.49%	0.03%	0.03%
LDOS	C	0.13%	0.04%	0.04%
LEN	D	0.25%	0.08%	0.08%
LEN	D	0.25%	0.0%	0.0%
LH	C	0.16%	0.04%	0.04%
LHX	C	0.08%	0.09%	0.08%
LIN	D	0.04%	0.42%	0.04%
LKQ	D	0.14%	0.02%	0.02%
LLY	F	0.23%	1.23%	0.23%
LMT	D	0.09%	0.22%	0.09%
LNT	A	0.08%	0.03%	0.03%
LOW	D	0.26%	0.29%	0.26%
LULU	C	0.31%	0.07%	0.07%
LUV	C	0.25%	0.04%	0.04%
LVS	C	0.08%	0.04%	0.04%
LW	C	0.22%	0.02%	0.02%
LYB	F	0.07%	0.04%	0.04%
LYV	A	0.09%	0.04%	0.04%
MA	C	0.04%	0.81%	0.04%
MAA	B	0.1%	0.04%	0.04%
MAR	B	0.12%	0.13%	0.12%
MAS	D	0.19%	0.03%	0.03%
MCD	D	0.5%	0.41%	0.41%
MCHP	D	0.14%	0.07%	0.07%
MCK	B	0.18%	0.16%	0.16%
MCO	B	0.04%	0.15%	0.04%
MDLZ	F	0.18%	0.17%	0.17%
MDT	D	0.06%	0.21%	0.06%
MET	A	0.21%	0.1%	0.1%
META	D	0.47%	2.4%	0.47%
MGM	D	0.07%	0.02%	0.02%
MKC	D	0.21%	0.04%	0.04%
MLM	B	0.17%	0.07%	0.07%
MMC	B	0.04%	0.21%	0.04%
MMM	D	0.17%	0.14%	0.14%
MNST	C	0.25%	0.07%	0.07%
MO	A	0.35%	0.19%	0.19%
MOH	F	0.25%	0.03%	0.03%
MOS	F	0.08%	0.02%	0.02%
MPC	D	0.49%	0.11%	0.11%
MPWR	F	0.22%	0.05%	0.05%
MRK	F	0.24%	0.48%	0.24%
MRNA	F	0.24%	0.02%	0.02%
MRO	B	0.07%	0.03%	0.03%
MS	A	0.26%	0.32%	0.26%
MSCI	C	0.04%	0.09%	0.04%
MSFT	F	0.32%	5.99%	0.32%
MSI	B	0.49%	0.16%	0.16%
MTB	A	0.06%	0.07%	0.06%
MTD	D	0.15%	0.05%	0.05%
MU	D	0.15%	0.21%	0.15%
NDAQ	A	0.04%	0.06%	0.04%
NEE	D	0.24%	0.31%	0.24%
NEM	D	0.25%	0.1%	0.1%
NFLX	A	0.22%	0.73%	0.22%
NI	A	0.33%	0.03%	0.03%
NKE	D	0.33%	0.17%	0.17%
NOC	D	0.09%	0.14%	0.09%
NOW	A	0.22%	0.41%	0.22%
NRG	B	0.33%	0.04%	0.04%
NSC	B	0.08%	0.11%	0.08%
NTAP	C	0.17%	0.05%	0.05%
NTRS	A	0.08%	0.04%	0.04%
NUE	C	0.26%	0.07%	0.07%
NVDA	C	0.13%	6.71%	0.13%
NVR	D	0.26%	0.05%	0.05%
NWS	B	0.1%	0.01%	0.01%
NWSA	B	0.1%	0.02%	0.02%
NXPI	D	0.23%	0.11%	0.11%
O	D	0.07%	0.1%	0.07%
ODFL	B	0.08%	0.08%	0.08%
OKE	A	0.24%	0.13%	0.13%
OMC	C	0.34%	0.04%	0.04%
ON	D	0.23%	0.06%	0.06%
ORCL	B	0.34%	0.59%	0.34%
ORLY	B	0.14%	0.13%	0.13%
OTIS	C	0.08%	0.08%	0.08%
OXY	D	0.07%	0.06%	0.06%
PANW	C	0.16%	0.25%	0.16%
PAYC	B	0.22%	0.02%	0.02%
PAYX	C	0.21%	0.09%	0.09%
PCAR	B	0.13%	0.11%	0.11%
PCG	A	0.08%	0.08%	0.08%
PEG	A	0.26%	0.09%	0.09%
PEP	F	0.18%	0.42%	0.18%
PFE	D	0.24%	0.27%	0.24%
PFG	D	0.21%	0.04%	0.04%
PG	A	0.42%	0.78%	0.42%
PGR	A	0.19%	0.29%	0.19%
PH	A	0.08%	0.17%	0.08%
PHM	D	0.25%	0.05%	0.05%
PKG	A	0.06%	0.04%	0.04%
PLD	D	0.06%	0.21%	0.06%
PLTR	B	0.23%	0.24%	0.23%
PM	B	0.35%	0.39%	0.35%
PNC	B	0.06%	0.16%	0.06%
PNR	A	0.19%	0.03%	0.03%
PODD	C	0.1%	0.04%	0.04%
POOL	C	0.13%	0.03%	0.03%
PPG	F	0.07%	0.06%	0.06%
PPL	B	0.08%	0.05%	0.05%
PRU	A	0.2%	0.09%	0.09%
PSA	D	0.11%	0.1%	0.1%
PSX	C	0.51%	0.11%	0.11%
PTC	A	0.17%	0.04%	0.04%
PWR	A	0.4%	0.09%	0.09%
PYPL	B	0.06%	0.17%	0.06%
QCOM	F	0.22%	0.33%	0.22%
QRVO	F	0.21%	0.01%	0.01%
RCL	A	0.09%	0.11%	0.09%
REG	B	0.06%	0.02%	0.02%
REGN	F	0.22%	0.15%	0.15%
RF	A	0.06%	0.05%	0.05%
RJF	A	0.25%	0.06%	0.06%
RMD	C	0.09%	0.07%	0.07%
ROK	B	0.03%	0.06%	0.03%
ROL	B	0.18%	0.03%	0.03%
ROP	B	0.03%	0.11%	0.03%
ROST	C	0.72%	0.09%	0.09%
RSG	A	0.18%	0.08%	0.08%
RTX	C	0.08%	0.31%	0.08%
RVTY	F	0.1%	0.03%	0.03%
SBAC	D	0.06%	0.05%	0.05%
SBUX	A	0.48%	0.22%	0.22%
SCHW	B	0.25%	0.22%	0.22%
SHW	A	0.06%	0.17%	0.06%
SJM	D	0.21%	0.02%	0.02%
SLB	C	0.35%	0.12%	0.12%
SMCI	F	0.15%	0.02%	0.02%
SNA	A	0.25%	0.04%	0.04%
SNPS	B	0.34%	0.16%	0.16%
SO	D	0.08%	0.19%	0.08%
SPG	B	0.07%	0.11%	0.07%
SPGI	C	0.04%	0.31%	0.04%
SRE	A	0.08%	0.11%	0.08%
STE	F	0.12%	0.04%	0.04%
STLD	B	0.27%	0.04%	0.04%
STT	A	0.12%	0.06%	0.06%
STX	D	0.17%	0.04%	0.04%
STZ	D	0.25%	0.08%	0.08%
SW	A	0.07%	0.05%	0.05%
SWK	D	0.27%	0.03%	0.03%
SWKS	F	0.21%	0.03%	0.03%
SYF	B	0.69%	0.05%	0.05%
SYK	C	0.12%	0.27%	0.12%
SYY	B	0.75%	0.07%	0.07%
T	A	0.33%	0.32%	0.32%
TAP	C	0.25%	0.02%	0.02%
TDG	D	0.08%	0.14%	0.08%
TDY	B	0.03%	0.04%	0.03%
TECH	D	0.15%	0.02%	0.02%
TER	D	0.17%	0.03%	0.03%
TFC	A	0.06%	0.12%	0.06%
TFX	F	0.05%	0.02%	0.02%
TGT	F	0.17%	0.11%	0.11%
TJX	A	0.72%	0.26%	0.26%
TMO	F	0.14%	0.38%	0.14%
TMUS	B	0.33%	0.22%	0.22%
TRGP	B	0.24%	0.09%	0.09%
TRMB	B	0.03%	0.03%	0.03%
TROW	B	0.09%	0.05%	0.05%
TRV	B	0.14%	0.11%	0.11%
TSCO	D	0.12%	0.06%	0.06%
TSLA	B	0.28%	1.84%	0.28%
TSN	B	0.36%	0.03%	0.03%
TT	A	0.07%	0.18%	0.07%
TTWO	A	0.49%	0.06%	0.06%
TXN	C	0.23%	0.35%	0.23%
TXT	D	0.16%	0.03%	0.03%
TYL	B	0.22%	0.05%	0.05%
UAL	A	0.28%	0.06%	0.06%
UBER	D	0.11%	0.27%	0.11%
UDR	B	0.1%	0.03%	0.03%
UHS	D	0.32%	0.02%	0.02%
ULTA	F	0.17%	0.03%	0.03%
UNH	C	0.26%	1.07%	0.26%
UNP	C	0.08%	0.28%	0.08%
UPS	C	0.09%	0.19%	0.09%
URI	B	0.14%	0.11%	0.11%
USB	A	0.06%	0.15%	0.06%
V	A	0.04%	1.0%	0.04%
VICI	C	0.06%	0.06%	0.06%
VLO	C	0.5%	0.09%	0.09%
VLTO	D	0.03%	0.05%	0.03%
VMC	B	0.17%	0.07%	0.07%
VRSK	A	0.04%	0.08%	0.04%
VRSN	F	0.27%	0.03%	0.03%
VRTX	F	0.23%	0.23%	0.23%
VST	B	0.41%	0.1%	0.1%
VTR	C	0.11%	0.05%	0.05%
VTRS	A	0.24%	0.03%	0.03%
VZ	C	0.33%	0.34%	0.33%
WAB	B	0.13%	0.07%	0.07%
WAT	B	0.15%	0.04%	0.04%
WBA	F	0.64%	0.01%	0.01%
WBD	C	0.19%	0.04%	0.04%
WDC	D	0.17%	0.04%	0.04%
WEC	A	0.07%	0.06%	0.06%
WELL	A	0.11%	0.16%	0.11%
WFC	A	0.13%	0.49%	0.13%
WM	A	0.18%	0.16%	0.16%
WMB	A	0.25%	0.14%	0.14%
WMT	A	0.73%	0.73%	0.73%
WRB	A	0.14%	0.04%	0.04%
WST	C	0.05%	0.04%	0.04%
WTW	B	0.03%	0.06%	0.03%
WY	D	0.17%	0.04%	0.04%
WYNN	D	0.08%	0.02%	0.02%
XEL	A	0.08%	0.07%	0.07%
XOM	B	0.77%	1.04%	0.77%
XYL	D	0.19%	0.06%	0.06%
YUM	B	0.51%	0.07%	0.07%
ZBH	C	0.12%	0.04%	0.04%
ZBRA	B	0.13%	0.04%	0.04%
ZTS	D	0.25%	0.16%	0.16%

SSPY Overweight 29 Positions Relative to BBUS

Symbol	Grade	Weight
MTCH	D	0.47%
BWA	D	0.42%
JBL	B	0.38%
TPR	B	0.33%
RL	B	0.32%
HAS	D	0.26%
CTLT	B	0.25%
AOS	F	0.21%
GL	B	0.2%
PARA	C	0.2%
AIZ	A	0.2%
ERIE	D	0.2%
HSIC	B	0.2%
MHK	D	0.19%
TEL	B	0.19%
BBWI	D	0.19%
DVA	B	0.11%
FMC	D	0.09%
CHRW	C	0.09%
NCLH	B	0.09%
IVZ	B	0.09%
GNRC	B	0.08%
CZR	F	0.07%
PNW	B	0.07%
FRT	B	0.06%
SOLV	C	0.05%
CBOE	B	0.04%
MKTX	D	0.04%
NDSN	B	0.03%

SSPY Underweight 72 Positions Relative to BBUS

Symbol	Grade	Weight
LRCX	F	-0.18%
MELI	D	-0.18%
MRVL	B	-0.15%
APO	B	-0.13%
COIN	C	-0.12%
WDAY	B	-0.11%
TTD	B	-0.11%
SQ	B	-0.1%
VRT	B	-0.1%
LNG	B	-0.1%
DASH	A	-0.1%
TEAM	A	-0.08%
DDOG	A	-0.08%
SNOW	C	-0.08%
HUBS	A	-0.07%
CPNG	D	-0.06%
NET	B	-0.06%
VEEV	C	-0.06%
ALNY	D	-0.06%
ARES	A	-0.06%
LPLA	A	-0.05%
RBLX	C	-0.05%
FCNCA	A	-0.05%
TPL	A	-0.05%
ZS	C	-0.04%
BAH	F	-0.04%
WSO	A	-0.04%
TRU	D	-0.04%
ZM	B	-0.04%
LII	A	-0.04%
MDB	C	-0.04%
ILMN	D	-0.04%
MKL	A	-0.04%
AVTR	F	-0.03%
DT	C	-0.03%
EQH	B	-0.03%
EWBC	A	-0.03%
RGA	A	-0.03%
ENTG	D	-0.03%
FNF	B	-0.03%
SUI	D	-0.03%
SSNC	B	-0.03%
DOCU	A	-0.03%
FLEX	A	-0.03%
HEI	B	-0.03%
TWLO	A	-0.03%
OC	A	-0.03%
BURL	A	-0.03%
PINS	D	-0.03%
SCCO	F	-0.02%
EXAS	D	-0.02%
CNH	C	-0.02%
AFG	A	-0.02%
RPRX	D	-0.02%
CCK	C	-0.02%
CG	A	-0.02%
SNAP	C	-0.02%
HEI	B	-0.02%
BMRN	D	-0.02%
OKTA	C	-0.02%
WPC	D	-0.02%
NBIX	C	-0.02%
Z	A	-0.02%
ELS	C	-0.02%
ZG	A	-0.01%
WLK	D	-0.01%
SIRI	C	-0.01%
BSY	D	-0.01%
U	C	-0.01%
CRBG	B	-0.01%
ACI	C	-0.01%
AGR	B	-0.0%