SSPY vs. FHEQ ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Fidelity Hedged Equity ETF (FHEQ)
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
FHEQ

Fidelity Hedged Equity ETF

FHEQ Description FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings *

168

* may have additional holdings in another (foreign) market
Performance
Period SSPY FHEQ
30 Days 4.23% 2.51%
60 Days 1.79% 3.80%
90 Days 3.72% 4.54%
12 Months 23.81%
127 Overlapping Holdings
Symbol Grade Weight in SSPY Weight in FHEQ Overlap
AAPL C 0.5% 7.31% 0.5%
ABBV D 0.24% 1.0% 0.24%
ADBE C 0.16% 0.93% 0.16%
ADP B 0.21% 0.16% 0.16%
ALL A 0.2% 0.07% 0.07%
ALLE D 0.08% 0.44% 0.08%
AMAT F 0.18% 0.7% 0.18%
AME A 0.13% 0.22% 0.13%
AMGN D 0.24% 0.24% 0.24%
AMT D 0.06% 0.24% 0.06%
AMZN C 0.22% 3.64% 0.22%
ANET C 0.21% 0.08% 0.08%
AVGO D 0.23% 1.49% 0.23%
AXP A 0.04% 0.43% 0.04%
BAC A 0.12% 1.17% 0.12%
BBWI D 0.19% 0.11% 0.11%
BDX F 0.05% 0.59% 0.05%
BIIB F 0.24% 0.21% 0.21%
BK A 0.11% 0.36% 0.11%
BLK C 0.08% 0.23% 0.08%
BMY B 0.25% 0.68% 0.25%
BRK.A B 0.5% 2.19% 0.5%
C A 0.13% 0.54% 0.13%
CAH B 0.19% 0.4% 0.19%
CAT B 0.14% 0.48% 0.14%
CI F 0.19% 0.63% 0.19%
CINF A 0.14% 0.12% 0.12%
CL D 0.41% 0.58% 0.41%
CLX B 0.41% 0.2% 0.2%
CMCSA B 0.52% 0.83% 0.52%
CME A 0.04% 0.37% 0.04%
CMG B 0.5% 0.49% 0.49%
COST B 0.71% 0.45% 0.45%
CRM B 0.35% 1.09% 0.35%
CSCO B 0.21% 0.79% 0.21%
CSX B 0.08% 0.43% 0.08%
CTAS B 0.18% 0.66% 0.18%
CVS D 0.69% 0.22% 0.22%
CVX A 0.76% 0.02% 0.02%
DIS B 0.21% 0.57% 0.21%
DOC D 0.11% 0.08% 0.08%
DVN F 0.16% 0.53% 0.16%
ECL D 0.05% 0.62% 0.05%
EOG A 0.07% 0.43% 0.07%
ETN A 0.26% 0.15% 0.15%
F C 0.25% 0.15% 0.15%
FTNT C 0.17% 0.24% 0.17%
GE D 0.17% 0.45% 0.17%
GEHC F 0.1% 0.17% 0.1%
GEN B 0.17% 0.13% 0.13%
GILD C 0.25% 0.73% 0.25%
GL B 0.2% 0.2% 0.2%
GOOG C 0.23% 1.74% 0.23%
GOOGL C 0.23% 2.02% 0.23%
GRMN B 0.33% 0.31% 0.31%
HD A 0.26% 1.32% 0.26%
HLT A 0.12% 0.18% 0.12%
HWM A 0.08% 0.27% 0.08%
IDXX F 0.1% 0.26% 0.1%
INCY C 0.25% 0.27% 0.25%
JNJ D 0.24% 0.61% 0.24%
JPM A 0.13% 1.82% 0.13%
KLAC D 0.17% 0.54% 0.17%
KR B 0.74% 0.11% 0.11%
L A 0.49% 0.07% 0.07%
LDOS C 0.13% 0.32% 0.13%
LHX C 0.08% 0.23% 0.08%
LLY F 0.23% 0.76% 0.23%
LMT D 0.09% 0.69% 0.09%
MA C 0.04% 1.34% 0.04%
MDLZ F 0.18% 0.07% 0.07%
META D 0.47% 2.87% 0.47%
MGM D 0.07% 0.22% 0.07%
MMC B 0.04% 0.52% 0.04%
MMM D 0.17% 0.22% 0.17%
MRK F 0.24% 0.69% 0.24%
MS A 0.26% 0.16% 0.16%
MSCI C 0.04% 0.49% 0.04%
MSFT F 0.32% 5.64% 0.32%
MSI B 0.49% 0.26% 0.26%
MU D 0.15% 0.47% 0.15%
NEE D 0.24% 0.73% 0.24%
NFLX A 0.22% 1.26% 0.22%
NOC D 0.09% 0.56% 0.09%
NOW A 0.22% 0.34% 0.22%
NSC B 0.08% 0.26% 0.08%
NUE C 0.26% 0.32% 0.26%
NVDA C 0.13% 7.27% 0.13%
ORCL B 0.34% 0.04% 0.04%
PCAR B 0.13% 0.42% 0.13%
PFE D 0.24% 0.56% 0.24%
PG A 0.42% 0.87% 0.42%
PGR A 0.19% 0.63% 0.19%
PM B 0.35% 0.92% 0.35%
PPG F 0.07% 0.34% 0.07%
PSA D 0.11% 0.19% 0.11%
PYPL B 0.06% 0.54% 0.06%
QCOM F 0.22% 0.84% 0.22%
QRVO F 0.21% 0.11% 0.11%
ROST C 0.72% 0.1% 0.1%
RSG A 0.18% 0.2% 0.18%
RTX C 0.08% 0.44% 0.08%
SCHW B 0.25% 0.56% 0.25%
SOLV C 0.05% 0.12% 0.05%
SPG B 0.07% 0.16% 0.07%
SPGI C 0.04% 0.28% 0.04%
T A 0.33% 0.67% 0.33%
TJX A 0.72% 0.73% 0.72%
TMO F 0.14% 0.26% 0.14%
TMUS B 0.33% 0.29% 0.29%
TROW B 0.09% 0.23% 0.09%
TRV B 0.14% 0.49% 0.14%
TSLA B 0.28% 1.26% 0.28%
TT A 0.07% 0.69% 0.07%
TXT D 0.16% 0.51% 0.16%
UBER D 0.11% 0.14% 0.11%
UNH C 0.26% 0.57% 0.26%
UNP C 0.08% 0.73% 0.08%
V A 0.04% 0.47% 0.04%
VST B 0.41% 0.11% 0.11%
VZ C 0.33% 0.18% 0.18%
WFC A 0.13% 0.15% 0.13%
WM A 0.18% 0.38% 0.18%
WMT A 0.73% 0.8% 0.73%
XEL A 0.08% 0.21% 0.08%
XOM B 0.77% 1.54% 0.77%
ZBRA B 0.13% 0.47% 0.13%
SSPY Overweight 373 Positions Relative to FHEQ
Symbol Grade Weight
SYY B 0.75%
COF B 0.7%
SYF B 0.69%
DFS B 0.69%
WBA F 0.64%
DPZ C 0.52%
PSX C 0.51%
DRI B 0.51%
YUM B 0.51%
VLO C 0.5%
EL F 0.5%
MCD D 0.5%
EA A 0.49%
MPC D 0.49%
TTWO A 0.49%
SBUX A 0.48%
CHTR C 0.47%
MTCH D 0.47%
KMB D 0.42%
KVUE A 0.42%
BWA D 0.42%
CHD B 0.42%
APTV D 0.4%
J F 0.4%
PWR A 0.4%
JBL B 0.38%
CEG D 0.38%
ADM D 0.37%
BG F 0.37%
TSN B 0.36%
HRL D 0.36%
SLB C 0.35%
HPQ B 0.35%
BKR B 0.35%
MO A 0.35%
IPG D 0.34%
IBM C 0.34%
OMC C 0.34%
HAL C 0.34%
SNPS B 0.34%
ATO A 0.33%
TPR B 0.33%
NI A 0.33%
NRG B 0.33%
HCA F 0.33%
NKE D 0.33%
CDNS B 0.33%
AES F 0.32%
AWK D 0.32%
UHS D 0.32%
RL B 0.32%
LULU C 0.31%
FCX D 0.3%
EXC C 0.3%
DECK A 0.3%
DAL C 0.28%
UAL A 0.28%
SWK D 0.27%
GDDY A 0.27%
EQIX A 0.27%
AKAM D 0.27%
VRSN F 0.27%
STLD B 0.27%
CNP B 0.26%
HUBB B 0.26%
ENPH F 0.26%
PEG A 0.26%
LOW D 0.26%
HAS D 0.26%
CNC D 0.26%
NVR D 0.26%
HUM C 0.26%
DLR B 0.26%
LEN D 0.25%
GM B 0.25%
WMB A 0.25%
NEM D 0.25%
KO D 0.25%
DTE C 0.25%
CTLT B 0.25%
MOH F 0.25%
EIX B 0.25%
STZ D 0.25%
ZTS D 0.25%
SNA A 0.25%
PHM D 0.25%
LUV C 0.25%
KMI A 0.25%
MNST C 0.25%
ETR B 0.25%
TAP C 0.25%
RJF A 0.25%
GS A 0.25%
MRNA F 0.24%
DHI D 0.24%
AEP D 0.24%
D C 0.24%
TRGP B 0.24%
OKE A 0.24%
FE C 0.24%
VTRS A 0.24%
ED D 0.24%
KDP D 0.24%
ELV F 0.24%
PLTR B 0.23%
CPRT A 0.23%
ON D 0.23%
TXN C 0.23%
VRTX F 0.23%
NXPI D 0.23%
PAYC B 0.22%
REGN F 0.22%
TYL B 0.22%
LW C 0.22%
EBAY D 0.22%
DAY B 0.22%
ADI D 0.22%
MPWR F 0.22%
FFIV B 0.21%
KEYS A 0.21%
PFG D 0.21%
AOS F 0.21%
MKC D 0.21%
KHC F 0.21%
SWKS F 0.21%
SJM D 0.21%
GIS D 0.21%
MET A 0.21%
CAG D 0.21%
PAYX C 0.21%
AIG B 0.2%
IEX B 0.2%
IR B 0.2%
JNPR F 0.2%
AFL B 0.2%
PARA C 0.2%
CPB D 0.2%
PRU A 0.2%
INTU C 0.2%
AIZ A 0.2%
ERIE D 0.2%
HSIC B 0.2%
FSLR F 0.2%
MHK D 0.19%
APH A 0.19%
XYL D 0.19%
TEL B 0.19%
HPE B 0.19%
MAS D 0.19%
WBD C 0.19%
PNR A 0.19%
BLDR D 0.19%
GLW B 0.19%
PEP F 0.18%
HSY F 0.18%
CRWD B 0.18%
GEV B 0.18%
EQT B 0.18%
ROL B 0.18%
MCK B 0.18%
COR B 0.18%
K A 0.18%
HON B 0.17%
TGT F 0.17%
ADSK A 0.17%
TER D 0.17%
ANSS B 0.17%
DG F 0.17%
DOV A 0.17%
NTAP C 0.17%
ITW B 0.17%
BBY D 0.17%
WY D 0.17%
CTRA B 0.17%
MLM B 0.17%
DLTR F 0.17%
DELL C 0.17%
PTC A 0.17%
VMC B 0.17%
STX D 0.17%
ULTA F 0.17%
WDC D 0.17%
INTC D 0.16%
PANW C 0.16%
GD F 0.16%
BA F 0.16%
LH C 0.16%
DGX A 0.16%
TECH D 0.15%
SMCI F 0.15%
A D 0.15%
GPC D 0.15%
WAT B 0.15%
MTD D 0.15%
WRB A 0.14%
MCHP D 0.14%
AZO C 0.14%
IQV D 0.14%
URI B 0.14%
ORLY B 0.14%
CRL C 0.14%
CB C 0.14%
HIG B 0.14%
ACGL D 0.14%
AMD F 0.14%
KMX B 0.14%
EG C 0.14%
LKQ D 0.14%
BALL D 0.13%
FAST B 0.13%
CDW F 0.13%
AMCR D 0.13%
POOL C 0.13%
DE A 0.13%
ACN C 0.13%
EPAM C 0.13%
CTSH B 0.13%
WAB B 0.13%
IT C 0.13%
STT A 0.12%
MAR B 0.12%
ABNB C 0.12%
SYK C 0.12%
STE F 0.12%
EXPE B 0.12%
ISRG A 0.12%
ZBH C 0.12%
GWW B 0.12%
TSCO D 0.12%
ARE D 0.11%
VTR C 0.11%
WELL A 0.11%
EXR D 0.11%
DVA B 0.11%
CPT B 0.11%
BR A 0.11%
BXP D 0.11%
BKNG A 0.11%
HST C 0.11%
DXCM D 0.1%
PODD C 0.1%
HOLX D 0.1%
DHR F 0.1%
NWSA B 0.1%
NWS B 0.1%
ESS B 0.1%
RVTY F 0.1%
ALGN D 0.1%
MAA B 0.1%
INVH D 0.1%
AVB B 0.1%
EQR B 0.1%
FOX A 0.1%
UDR B 0.1%
FOXA B 0.1%
FMC D 0.09%
BEN C 0.09%
UPS C 0.09%
EXPD D 0.09%
AXON A 0.09%
RCL A 0.09%
CCL B 0.09%
CHRW C 0.09%
CF B 0.09%
KKR A 0.09%
NCLH B 0.09%
LYV A 0.09%
IVZ B 0.09%
RMD C 0.09%
CMS C 0.08%
PCG A 0.08%
SO D 0.08%
SRE A 0.08%
PPL B 0.08%
EVRG A 0.08%
LNT A 0.08%
AEE A 0.08%
CARR D 0.08%
TDG D 0.08%
JCI C 0.08%
PH A 0.08%
CMI A 0.08%
OTIS C 0.08%
GNRC B 0.08%
WYNN D 0.08%
ODFL B 0.08%
HII D 0.08%
BX A 0.08%
NTRS A 0.08%
LVS C 0.08%
AMP A 0.08%
MOS F 0.08%
JBHT C 0.08%
CTVA C 0.08%
O D 0.07%
LYB F 0.07%
SW A 0.07%
FANG D 0.07%
OXY D 0.07%
CZR F 0.07%
COP C 0.07%
MRO B 0.07%
DOW F 0.07%
APA D 0.07%
HES B 0.07%
PNW B 0.07%
FDX B 0.07%
WEC A 0.07%
CE F 0.07%
ES D 0.07%
DUK C 0.07%
TFC A 0.06%
CFG B 0.06%
HBAN A 0.06%
FI A 0.06%
USB A 0.06%
FITB A 0.06%
PNC B 0.06%
KEY B 0.06%
RF A 0.06%
MTB A 0.06%
EW C 0.06%
ABT B 0.06%
MDT D 0.06%
AVY D 0.06%
BSX B 0.06%
IP B 0.06%
PKG A 0.06%
REG B 0.06%
KIM A 0.06%
PLD D 0.06%
FRT B 0.06%
SHW A 0.06%
SBAC D 0.06%
VICI C 0.06%
CCI D 0.06%
IRM D 0.06%
FICO B 0.05%
IFF D 0.05%
BAX D 0.05%
APD A 0.05%
TFX F 0.05%
WST C 0.05%
EMN D 0.05%
DD D 0.05%
ALB C 0.05%
JKHY D 0.05%
FIS C 0.05%
AON A 0.04%
BRO B 0.04%
EFX F 0.04%
CBRE B 0.04%
CSGP D 0.04%
VRSK A 0.04%
GPN B 0.04%
FDS B 0.04%
MCO B 0.04%
CBOE B 0.04%
ICE C 0.04%
NDAQ A 0.04%
CPAY A 0.04%
MKTX D 0.04%
LIN D 0.04%
ROP B 0.03%
VLTO D 0.03%
ROK B 0.03%
NDSN B 0.03%
TDY B 0.03%
EMR A 0.03%
TRMB B 0.03%
FTV C 0.03%
AJG B 0.03%
WTW B 0.03%
SSPY Underweight 41 Positions Relative to FHEQ
Symbol Grade Weight
SQ B -0.59%
SEIC B -0.54%
ZM B -0.52%
CVNA B -0.52%
DBX B -0.51%
IGT F -0.45%
EXEL B -0.43%
ALRM C -0.4%
TDC D -0.35%
ANF C -0.33%
MEDP D -0.31%
CACI D -0.3%
SKYW B -0.29%
LRCX F -0.23%
GAP C -0.18%
DOCU A -0.18%
LNW D -0.17%
FTI A -0.17%
WDAY B -0.16%
PEGA A -0.16%
TPH D -0.15%
DASH A -0.12%
VEEV C -0.12%
NBIX C -0.11%
PLTK B -0.1%
MKL A -0.09%
BAH F -0.09%
BCC B -0.07%
TENB C -0.06%
CRUS D -0.06%
LYFT C -0.06%
BLD D -0.05%
UTHR C -0.05%
QGEN D -0.04%
SCCO F -0.04%
LPLA A -0.03%
MHO D -0.02%
TWLO A -0.02%
UNM A -0.01%
NWL B -0.01%
OGE B -0.01%
Compare ETFs