SSPY vs. FEX ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to First Trust Large Cap Core AlphaDEX (FEX)
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

$79.55

Average Daily Volume

2,690

Number of Holdings *

496

* may have additional holdings in another (foreign) market
FEX

First Trust Large Cap Core AlphaDEX

FEX Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Core Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$103.35

Average Daily Volume

22,857

Number of Holdings *

370

* may have additional holdings in another (foreign) market
Performance
Period SSPY FEX
30 Days 1.73% 1.79%
60 Days 3.94% 3.47%
90 Days 5.29% 5.04%
12 Months 19.99% 23.44%
326 Overlapping Holdings
Symbol Grade Weight in SSPY Weight in FEX Overlap
AAPL D 0.52% 0.17% 0.17%
ABT C 0.07% 0.1% 0.07%
ACGL B 0.16% 0.48% 0.16%
ADBE D 0.18% 0.08% 0.08%
ADI D 0.21% 0.08% 0.08%
ADM D 0.37% 0.42% 0.37%
ADP B 0.25% 0.1% 0.1%
ADSK B 0.19% 0.09% 0.09%
AEE B 0.09% 0.41% 0.09%
AEP B 0.29% 0.4% 0.29%
AFL B 0.25% 0.42% 0.25%
AIG D 0.25% 0.33% 0.25%
AJG C 0.04% 0.29% 0.04%
AMAT D 0.12% 0.27% 0.12%
AMD F 0.12% 0.08% 0.08%
AMGN B 0.27% 0.36% 0.27%
AMZN C 0.14% 0.32% 0.14%
ANET B 0.2% 0.43% 0.2%
APD B 0.05% 0.28% 0.05%
APH D 0.17% 0.32% 0.17%
APTV D 0.37% 0.41% 0.37%
ARE B 0.11% 0.18% 0.11%
ATO B 0.38% 0.4% 0.38%
AVB B 0.12% 0.19% 0.12%
AVGO C 0.18% 0.35% 0.18%
AWK A 0.38% 0.2% 0.2%
AXON B 0.1% 0.22% 0.1%
AXP B 0.05% 0.1% 0.05%
AZO D 0.15% 0.27% 0.15%
BA F 0.15% 0.07% 0.07%
BAC D 0.13% 0.25% 0.13%
BAX C 0.06% 0.1% 0.06%
BBY B 0.19% 0.3% 0.19%
BDX F 0.05% 0.08% 0.05%
BEN F 0.07% 0.3% 0.07%
BG D 0.36% 0.38% 0.36%
BIIB F 0.21% 0.15% 0.15%
BK A 0.13% 0.5% 0.13%
BKNG B 0.12% 0.34% 0.12%
BKR D 0.36% 0.24% 0.24%
BLK A 0.09% 0.19% 0.09%
BR D 0.12% 0.18% 0.12%
BRK.A C 0.57% 0.47% 0.47%
BRO C 0.04% 0.39% 0.04%
BSX B 0.07% 0.37% 0.07%
C D 0.13% 0.23% 0.13%
CAG B 0.25% 0.39% 0.25%
CAT C 0.13% 0.26% 0.13%
CB B 0.16% 0.39% 0.16%
CBRE A 0.05% 0.23% 0.05%
CCL C 0.09% 0.32% 0.09%
CDNS D 0.27% 0.15% 0.15%
CE D 0.06% 0.39% 0.06%
CEG C 0.24% 0.34% 0.24%
CF B 0.09% 0.45% 0.09%
CFG D 0.07% 0.38% 0.07%
CHD C 0.42% 0.17% 0.17%
CHTR D 0.59% 0.29% 0.29%
CI C 0.21% 0.19% 0.19%
CINF B 0.17% 0.49% 0.17%
CL C 0.48% 0.37% 0.37%
CMCSA D 0.53% 0.42% 0.42%
CMG C 0.42% 0.31% 0.31%
CMI C 0.08% 0.18% 0.08%
CMS A 0.09% 0.3% 0.09%
CNC C 0.27% 0.39% 0.27%
CNP C 0.22% 0.23% 0.22%
COF C 0.71% 0.34% 0.34%
COP D 0.07% 0.39% 0.07%
COST C 0.78% 0.45% 0.45%
CPB B 0.25% 0.29% 0.25%
CPRT D 0.21% 0.08% 0.08%
CRM D 0.35% 0.08% 0.08%
CRWD F 0.11% 0.3% 0.11%
CSCO B 0.21% 0.36% 0.21%
CTAS C 0.22% 0.3% 0.22%
CTRA F 0.14% 0.36% 0.14%
CTSH C 0.16% 0.48% 0.16%
CTVA B 0.09% 0.09% 0.09%
CVS D 0.62% 0.42% 0.42%
CVX D 0.69% 0.38% 0.38%
D C 0.28% 0.3% 0.28%
DAL C 0.17% 0.32% 0.17%
DD B 0.05% 0.09% 0.05%
DE B 0.13% 0.36% 0.13%
DECK C 0.26% 0.41% 0.26%
DG F 0.11% 0.11% 0.11%
DGX B 0.18% 0.39% 0.18%
DHI B 0.33% 0.58% 0.33%
DLR B 0.26% 0.18% 0.18%
DOV B 0.17% 0.35% 0.17%
DOW D 0.06% 0.24% 0.06%
DPZ F 0.4% 0.27% 0.27%
DRI C 0.52% 0.09% 0.09%
DTE B 0.28% 0.38% 0.28%
DUK C 0.09% 0.3% 0.09%
DVN F 0.15% 0.35% 0.15%
EA D 0.53% 0.09% 0.09%
EBAY B 0.17% 0.51% 0.17%
ECL B 0.05% 0.27% 0.05%
ED C 0.29% 0.4% 0.29%
EG B 0.15% 0.43% 0.15%
EIX C 0.29% 0.3% 0.29%
EL F 0.33% 0.07% 0.07%
ELV C 0.27% 0.17% 0.17%
EOG D 0.07% 0.41% 0.07%
EPAM D 0.15% 0.28% 0.15%
EQR B 0.12% 0.28% 0.12%
EQT D 0.13% 0.38% 0.13%
ESS B 0.12% 0.2% 0.12%
ETN C 0.23% 0.33% 0.23%
ETR A 0.28% 0.51% 0.28%
EW F 0.05% 0.06% 0.05%
EXC B 0.33% 0.39% 0.33%
EXPD B 0.08% 0.08% 0.08%
EXPE C 0.12% 0.18% 0.12%
F D 0.23% 0.29% 0.23%
FANG D 0.07% 0.37% 0.07%
FCX D 0.21% 0.07% 0.07%
FDX C 0.09% 0.33% 0.09%
FE C 0.29% 0.29% 0.29%
FICO A 0.06% 0.43% 0.06%
FITB B 0.07% 0.29% 0.07%
FOXA B 0.12% 0.49% 0.12%
FSLR C 0.14% 0.26% 0.14%
GD B 0.17% 0.18% 0.17%
GDDY C 0.29% 0.45% 0.29%
GE B 0.18% 0.48% 0.18%
GEHC C 0.09% 0.09% 0.09%
GIS B 0.24% 0.3% 0.24%
GLW B 0.21% 0.09% 0.09%
GM B 0.25% 0.43% 0.25%
GOOGL D 0.19% 0.37% 0.19%
GPC D 0.15% 0.25% 0.15%
GPN D 0.05% 0.49% 0.05%
GRMN D 0.38% 0.45% 0.38%
GS D 0.27% 0.27% 0.27%
GWW B 0.14% 0.19% 0.14%
HAL F 0.29% 0.36% 0.29%
HBAN B 0.07% 0.38% 0.07%
HCA B 0.38% 0.21% 0.21%
HIG A 0.17% 0.39% 0.17%
HLT B 0.11% 0.34% 0.11%
HOLX B 0.1% 0.09% 0.09%
HON D 0.16% 0.08% 0.08%
HPE D 0.16% 0.34% 0.16%
HPQ D 0.32% 0.08% 0.08%
HRL C 0.4% 0.27% 0.27%
HSY C 0.2% 0.28% 0.2%
HUBB B 0.25% 0.09% 0.09%
HUM F 0.26% 0.14% 0.14%
HWM B 0.09% 0.52% 0.09%
IBM B 0.4% 0.11% 0.11%
INCY C 0.25% 0.37% 0.25%
INTC F 0.08% 0.23% 0.08%
INTU D 0.23% 0.17% 0.17%
INVH C 0.11% 0.09% 0.09%
IPG C 0.35% 0.36% 0.35%
IR C 0.18% 0.25% 0.18%
IRM B 0.08% 0.56% 0.08%
ISRG C 0.14% 0.37% 0.14%
IT B 0.15% 0.1% 0.1%
J D 0.39% 0.18% 0.18%
JBHT D 0.09% 0.27% 0.09%
JBL D 0.29% 0.33% 0.29%
JCI B 0.07% 0.18% 0.07%
JNJ B 0.29% 0.29% 0.29%
JPM D 0.14% 0.43% 0.14%
K A 0.26% 0.12% 0.12%
KDP A 0.27% 0.28% 0.27%
KEY B 0.07% 0.19% 0.07%
KHC C 0.24% 0.37% 0.24%
KIM B 0.08% 0.31% 0.08%
KKR B 0.09% 0.51% 0.09%
KLAC D 0.14% 0.23% 0.14%
KMB D 0.45% 0.09% 0.09%
KMI A 0.27% 0.37% 0.27%
KO B 0.29% 0.19% 0.19%
KR B 0.77% 0.38% 0.38%
KVUE B 0.55% 0.22% 0.22%
L B 0.54% 0.36% 0.36%
LEN B 0.29% 0.53% 0.29%
LHX D 0.09% 0.17% 0.09%
LIN B 0.05% 0.09% 0.05%
LKQ D 0.15% 0.41% 0.15%
LLY C 0.26% 0.43% 0.26%
LMT C 0.1% 0.21% 0.1%
LOW B 0.27% 0.2% 0.2%
LRCX F 0.12% 0.24% 0.12%
LUV C 0.2% 0.25% 0.2%
LYB F 0.07% 0.33% 0.07%
LYV B 0.09% 0.18% 0.09%
MA B 0.05% 0.1% 0.05%
MAA B 0.13% 0.2% 0.13%
MAR C 0.11% 0.24% 0.11%
MCO A 0.05% 0.19% 0.05%
MDLZ B 0.21% 0.2% 0.2%
MDT C 0.07% 0.19% 0.07%
META A 0.44% 0.45% 0.44%
MGM D 0.06% 0.14% 0.06%
MKC B 0.26% 0.1% 0.1%
MLM D 0.15% 0.08% 0.08%
MMC C 0.04% 0.19% 0.04%
MMM B 0.21% 0.33% 0.21%
MO C 0.46% 0.19% 0.19%
MOH C 0.28% 0.21% 0.21%
MPC D 0.48% 0.39% 0.39%
MPWR C 0.23% 0.27% 0.23%
MS D 0.26% 0.17% 0.17%
MSFT C 0.3% 0.16% 0.16%
MSI C 0.58% 0.39% 0.39%
MTB B 0.07% 0.39% 0.07%
MTD D 0.13% 0.17% 0.13%
NEE B 0.28% 0.3% 0.28%
NFLX B 0.22% 0.35% 0.22%
NKE D 0.25% 0.18% 0.18%
NOC B 0.1% 0.1% 0.1%
NOW A 0.39% 0.29% 0.29%
NSC C 0.1% 0.1% 0.1%
NTAP D 0.18% 0.39% 0.18%
NTRS B 0.09% 0.27% 0.09%
NUE F 0.23% 0.38% 0.23%
NVDA D 0.11% 0.4% 0.11%
NVR B 0.29% 0.1% 0.1%
NWSA D 0.1% 0.08% 0.08%
NXPI D 0.19% 0.22% 0.19%
OKE B 0.29% 0.29% 0.29%
OMC A 0.37% 0.19% 0.19%
ORCL B 0.34% 0.31% 0.31%
ORLY B 0.17% 0.18% 0.17%
OTIS D 0.07% 0.17% 0.07%
OXY F 0.06% 0.34% 0.06%
PANW D 0.18% 0.34% 0.18%
PCAR D 0.11% 0.16% 0.11%
PCG C 0.08% 0.39% 0.08%
PEG B 0.28% 0.29% 0.28%
PFG B 0.21% 0.18% 0.18%
PG C 0.45% 0.09% 0.09%
PGR A 0.31% 0.1% 0.1%
PH B 0.09% 0.2% 0.09%
PHM B 0.29% 0.32% 0.29%
PKG B 0.07% 0.3% 0.07%
PM C 0.47% 0.21% 0.21%
PNC B 0.07% 0.29% 0.07%
PODD B 0.11% 0.1% 0.1%
POOL C 0.13% 0.1% 0.1%
PPG C 0.07% 0.17% 0.07%
PPL C 0.09% 0.1% 0.09%
PRU C 0.2% 0.08% 0.08%
PSX D 0.47% 0.38% 0.38%
PTC D 0.16% 0.08% 0.08%
PWR B 0.34% 0.45% 0.34%
PYPL B 0.06% 0.31% 0.06%
QCOM D 0.17% 0.14% 0.14%
RCL B 0.09% 0.45% 0.09%
REGN C 0.27% 0.19% 0.19%
RF B 0.07% 0.38% 0.07%
RJF C 0.25% 0.16% 0.16%
RMD C 0.12% 0.11% 0.11%
ROL C 0.19% 0.26% 0.19%
ROP C 0.03% 0.17% 0.03%
ROST C 0.77% 0.27% 0.27%
RSG D 0.2% 0.27% 0.2%
RTX C 0.1% 0.1% 0.1%
SJM C 0.23% 0.37% 0.23%
SMCI F 0.1% 0.09% 0.09%
SNA B 0.26% 0.45% 0.26%
SNPS D 0.26% 0.21% 0.21%
SO B 0.09% 0.1% 0.09%
SPG B 0.07% 0.09% 0.07%
SPGI B 0.05% 0.1% 0.05%
SRE B 0.08% 0.37% 0.08%
STE C 0.14% 0.09% 0.09%
STLD D 0.23% 0.36% 0.23%
STT A 0.13% 0.29% 0.13%
STX D 0.19% 0.41% 0.19%
STZ C 0.25% 0.08% 0.08%
SWKS F 0.21% 0.31% 0.21%
SYF C 0.77% 0.42% 0.42%
SYK C 0.13% 0.18% 0.13%
SYY D 0.83% 0.09% 0.09%
T B 0.4% 0.49% 0.4%
TDG B 0.07% 0.36% 0.07%
TDY C 0.04% 0.28% 0.04%
TEL D 0.18% 0.41% 0.18%
TGT C 0.18% 0.26% 0.18%
TJX C 0.81% 0.46% 0.46%
TMO C 0.16% 0.09% 0.09%
TMUS C 0.37% 0.3% 0.3%
TRGP B 0.3% 0.1% 0.1%
TROW D 0.07% 0.39% 0.07%
TRV B 0.17% 0.3% 0.17%
TSCO C 0.12% 0.09% 0.09%
TSN C 0.46% 0.09% 0.09%
TT B 0.08% 0.47% 0.08%
TTWO D 0.49% 0.08% 0.08%
TXN C 0.23% 0.09% 0.09%
TXT D 0.17% 0.26% 0.17%
TYL C 0.41% 0.3% 0.3%
UAL B 0.18% 0.45% 0.18%
UBER C 0.11% 0.25% 0.11%
UPS D 0.08% 0.16% 0.08%
URI B 0.14% 0.29% 0.14%
USB B 0.06% 0.29% 0.06%
VLO D 0.45% 0.36% 0.36%
VMC D 0.15% 0.08% 0.08%
VRSK D 0.04% 0.17% 0.04%
VRTX D 0.25% 0.26% 0.25%
VST C 0.26% 0.44% 0.26%
VTR C 0.14% 0.21% 0.14%
VTRS C 0.27% 0.38% 0.27%
VZ B 0.36% 0.37% 0.36%
WAB A 0.13% 0.45% 0.13%
WBD D 0.2% 0.39% 0.2%
WEC B 0.09% 0.41% 0.09%
WELL B 0.14% 0.21% 0.14%
WFC D 0.12% 0.31% 0.12%
WM D 0.19% 0.25% 0.19%
WMB B 0.27% 0.18% 0.18%
WMT B 0.86% 0.1% 0.1%
WRB C 0.16% 0.19% 0.16%
WY C 0.17% 0.29% 0.17%
XEL A 0.09% 0.41% 0.09%
XOM D 0.79% 0.41% 0.41%
XYL D 0.18% 0.25% 0.18%
ZBH F 0.12% 0.33% 0.12%
SSPY Overweight 170 Positions Relative to FEX
Symbol Grade Weight
DFS C 0.73%
SBUX C 0.58%
MCD C 0.57%
CLX C 0.53%
MTCH C 0.51%
YUM D 0.49%
UHS B 0.4%
NI B 0.39%
BWA D 0.38%
WBA F 0.38%
UNH C 0.32%
NEM B 0.31%
SLB F 0.31%
TPR C 0.3%
NRG C 0.3%
ALL A 0.3%
GILD B 0.3%
TSLA C 0.3%
SWK B 0.29%
EQIX B 0.29%
RL B 0.29%
ABBV C 0.29%
AIZ B 0.29%
BMY C 0.29%
ZTS B 0.28%
TAP C 0.28%
AKAM D 0.28%
PFE C 0.27%
VRSN D 0.27%
CTLT B 0.27%
HAS B 0.27%
HD B 0.26%
MNST C 0.26%
GL C 0.26%
MHK B 0.25%
DAY D 0.25%
AES C 0.25%
PAYC D 0.25%
FFIV A 0.24%
PAYX C 0.24%
LULU D 0.24%
JNPR A 0.22%
MET A 0.22%
MRK D 0.22%
CAH C 0.22%
FTNT C 0.21%
ENPH C 0.21%
QRVO F 0.21%
BLDR C 0.21%
PNR B 0.21%
HSIC C 0.21%
MAS B 0.21%
ON D 0.21%
KEYS C 0.21%
SCHW D 0.21%
GEV B 0.2%
PARA F 0.2%
PEP C 0.2%
IEX D 0.19%
AAL D 0.19%
GOOG D 0.19%
DIS D 0.18%
AOS C 0.18%
MCK F 0.17%
KMX D 0.17%
ITW B 0.17%
LW D 0.16%
WDC D 0.16%
ACN C 0.16%
WAT C 0.16%
IQV C 0.16%
ANSS F 0.16%
ULTA D 0.16%
A C 0.15%
TECH C 0.14%
PSA B 0.14%
MRNA F 0.14%
AMCR C 0.14%
LDOS C 0.14%
TER D 0.14%
CRL D 0.13%
ETSY F 0.13%
BXP B 0.13%
FAST C 0.13%
ZBRA B 0.13%
DVA B 0.12%
FOX B 0.12%
CDW D 0.12%
BALL C 0.12%
AME C 0.12%
UDR B 0.12%
CPT B 0.12%
EXR B 0.12%
DOC C 0.12%
DLTR F 0.11%
BBWI F 0.11%
MCHP D 0.11%
BIO C 0.1%
BX B 0.1%
NWS D 0.1%
CHRW B 0.1%
HST D 0.1%
ALLE B 0.09%
ALGN D 0.09%
CSX D 0.09%
AMP B 0.09%
ABNB D 0.09%
NCLH C 0.09%
EVRG A 0.09%
ES C 0.09%
DHR B 0.09%
PNW B 0.09%
ODFL C 0.09%
IVZ C 0.09%
LNT A 0.09%
HII C 0.09%
FMC C 0.09%
UNP B 0.09%
MOS F 0.08%
FRT C 0.08%
PLD C 0.08%
O B 0.08%
CCI B 0.08%
GNRC D 0.08%
VICI C 0.08%
REG C 0.08%
SBAC C 0.08%
AMT C 0.08%
MU F 0.08%
IDXX C 0.08%
CARR B 0.08%
SHW B 0.08%
IP B 0.07%
CZR C 0.07%
TFC D 0.07%
MRO D 0.07%
SW B 0.06%
WYNN D 0.06%
MKTX C 0.06%
TFX C 0.06%
FIS B 0.06%
AVY D 0.06%
JKHY B 0.06%
DXCM F 0.06%
SOLV C 0.06%
LVS D 0.06%
HES D 0.06%
APA F 0.06%
WST D 0.05%
V B 0.05%
MSCI C 0.05%
EMN B 0.05%
CME C 0.05%
EFX C 0.05%
IFF B 0.05%
ICE B 0.05%
CPAY B 0.05%
NDAQ B 0.05%
CBOE C 0.05%
ALB F 0.04%
WTW B 0.04%
FDS C 0.04%
AON B 0.04%
CSGP D 0.04%
EMR D 0.03%
FTV C 0.03%
TRMB C 0.03%
ROK D 0.03%
NDSN C 0.03%
VLTO C 0.03%
SSPY Underweight 44 Positions Relative to FEX
Symbol Grade Weight
HEI B -0.5%
FCNCA D -0.47%
BAH B -0.43%
APO C -0.42%
MKL C -0.42%
VRT C -0.42%
OC C -0.41%
RS D -0.41%
UHAL B -0.39%
WPC B -0.39%
LII B -0.38%
ERIE A -0.37%
PLTR B -0.36%
LNG D -0.35%
CRBG D -0.32%
SSNC B -0.31%
FNF A -0.31%
LPLA D -0.31%
ZM C -0.29%
PSTG F -0.26%
CSL C -0.26%
NTNX C -0.26%
DDOG D -0.22%
PINS F -0.22%
MANH B -0.19%
ALNY B -0.19%
ARES B -0.19%
WSO C -0.18%
TTD B -0.18%
RIVN F -0.17%
DKNG D -0.17%
WLK D -0.16%
OKTA F -0.13%
TRU B -0.12%
RPM B -0.1%
CPNG B -0.1%
SNAP F -0.1%
MRVL C -0.09%
AMH C -0.09%
NBIX F -0.08%
ZS F -0.08%
NET F -0.08%
ENTG D -0.07%
HUBS D -0.07%
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