SSPY vs. FTLS ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to First Trust Long/Short Equity (FTLS)
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

$78.71

Average Daily Volume

2,845

Number of Holdings *

496

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

First Trust Long/Short Equity

FTLS Description The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.06

Average Daily Volume

134,353

Number of Holdings *

384

* may have additional holdings in another (foreign) market
Performance
Period SSPY FTLS
30 Days -1.31% -0.59%
60 Days 3.71% 2.89%
90 Days 4.96% 0.28%
12 Months 23.74% 20.84%
141 Overlapping Holdings
Symbol Grade Weight in SSPY Weight in FTLS Overlap
AAPL C 0.52% 7.55% 0.52%
ABT C 0.06% -0.16% -0.16%
ACN B 0.13% 1.98% 0.13%
AFL A 0.2% 0.7% 0.2%
AIZ A 0.21% 0.2% 0.2%
ALB D 0.05% -0.04% -0.04%
ALL C 0.21% 0.86% 0.21%
AMAT D 0.18% -0.05% -0.05%
AMD D 0.14% -0.03% -0.03%
AMZN C 0.23% 2.48% 0.23%
APD C 0.05% -0.74% -0.74%
AVGO C 0.24% 1.06% 0.24%
AVY B 0.06% -0.09% -0.09%
BA F 0.17% -0.09% -0.09%
BK C 0.12% -0.4% -0.4%
BKR B 0.37% -0.13% -0.13%
BRK.A C 0.52% 1.12% 0.52%
C B 0.13% 2.04% 0.13%
CAG B 0.22% 0.46% 0.22%
CDNS D 0.34% -0.74% -0.74%
CDW D 0.13% -0.09% -0.09%
CF A 0.09% 0.54% 0.09%
CL D 0.43% 1.32% 0.43%
CMCSA B 0.53% -0.71% -0.71%
CME A 0.05% 1.53% 0.05%
CMI B 0.08% -0.36% -0.36%
COP D 0.08% -0.07% -0.07%
CTAS C 0.19% 1.04% 0.19%
CTRA D 0.18% -0.05% -0.05%
CVX D 0.8% -0.02% -0.02%
DE A 0.13% -0.58% -0.58%
DIS D 0.21% -0.73% -0.73%
EA D 0.49% -0.02% -0.02%
EFX D 0.04% -0.25% -0.25%
EQT C 0.18% -0.04% -0.04%
ETN C 0.27% -0.62% -0.62%
FANG F 0.08% 0.84% 0.08%
FAST C 0.13% -0.03% -0.03%
FDX D 0.08% 1.76% 0.08%
FFIV C 0.22% 0.36% 0.22%
FIS C 0.06% 0.96% 0.06%
FSLR C 0.2% -0.02% -0.02%
GD A 0.17% -0.64% -0.64%
GE C 0.18% -0.04% -0.04%
GEHC B 0.11% -0.34% -0.34%
GEV A 0.19% -0.37% -0.37%
GL C 0.21% 0.4% 0.21%
GM D 0.26% 0.12% 0.12%
GOOG C 0.23% 1.09% 0.23%
GOOGL C 0.23% 1.31% 0.23%
GPC D 0.15% -0.13% -0.13%
HCA A 0.34% -0.09% -0.09%
HII D 0.08% -0.18% -0.18%
HON B 0.17% -0.02% -0.02%
HPQ C 0.36% 0.96% 0.36%
HWM A 0.08% 0.85% 0.08%
INTC D 0.16% -0.29% -0.29%
IPG C 0.34% -0.21% -0.21%
ISRG C 0.13% -0.34% -0.34%
JBL D 0.36% 0.64% 0.36%
JNJ C 0.25% 2.04% 0.25%
JPM D 0.13% 0.82% 0.13%
KEYS C 0.21% -0.14% -0.14%
KMI A 0.27% 1.0% 0.27%
KR B 0.76% -0.27% -0.27%
LIN B 0.05% -0.71% -0.71%
LLY D 0.25% 0.99% 0.25%
LMT A 0.09% -0.39% -0.39%
LOW A 0.26% 2.11% 0.26%
MAS A 0.2% 0.48% 0.2%
MCD A 0.51% -0.48% -0.48%
MDLZ C 0.19% -0.44% -0.44%
META A 0.49% 1.73% 0.49%
MLM D 0.18% -0.5% -0.5%
MMM B 0.17% -0.35% -0.35%
MO B 0.37% 1.38% 0.37%
MPC F 0.5% 1.45% 0.5%
MSFT C 0.34% 4.63% 0.34%
MSI A 0.51% -0.45% -0.45%
MU D 0.14% -0.17% -0.17%
NFLX C 0.23% -0.15% -0.15%
NOW C 0.24% -0.37% -0.37%
NSC B 0.08% -0.3% -0.3%
NTAP D 0.18% 0.77% 0.18%
NTRS C 0.09% 0.37% 0.09%
NVDA C 0.14% 3.93% 0.14%
NVR A 0.28% 0.59% 0.28%
NWSA D 0.1% -0.03% -0.03%
NXPI F 0.23% -0.1% -0.1%
OMC A 0.34% -0.31% -0.31%
ORCL C 0.35% -0.85% -0.85%
PANW D 0.17% -0.25% -0.25%
PAYX A 0.22% -0.61% -0.61%
PCAR D 0.13% -0.23% -0.23%
PEP D 0.18% -0.7% -0.7%
PG C 0.43% -0.31% -0.31%
PH B 0.08% 1.49% 0.08%
PKG A 0.06% -0.16% -0.16%
PM B 0.37% 1.81% 0.37%
PNC C 0.06% -0.53% -0.53%
PNR A 0.2% 0.51% 0.2%
QCOM D 0.22% 2.02% 0.22%
RCL C 0.09% -0.03% -0.03%
RL B 0.32% 0.59% 0.32%
SCHW D 0.26% 1.85% 0.26%
SLB F 0.36% -0.14% -0.14%
SNA B 0.25% 0.27% 0.25%
SNPS F 0.35% -0.32% -0.32%
STE D 0.12% -0.17% -0.17%
STZ B 0.25% -0.05% -0.05%
SWK A 0.27% 0.51% 0.27%
SYF C 0.69% 0.63% 0.63%
SYK C 0.12% -0.19% -0.19%
SYY B 0.76% 0.83% 0.76%
TFC D 0.06% 0.95% 0.06%
TMO C 0.14% -0.04% -0.04%
TMUS A 0.33% 1.97% 0.33%
TRMB B 0.03% -0.09% -0.09%
TRV C 0.15% 0.99% 0.15%
TSLA B 0.28% -0.59% -0.59%
TTWO F 0.5% -0.32% -0.32%
TXN C 0.23% -0.42% -0.42%
TYL C 0.23% -0.27% -0.27%
UHS D 0.35% 0.23% 0.23%
UNH B 0.26% -0.45% -0.45%
URI B 0.14% -0.22% -0.22%
USB C 0.06% 1.26% 0.06%
VICI C 0.07% 0.42% 0.07%
VLO F 0.5% 1.43% 0.5%
VLTO C 0.03% 0.53% 0.03%
VMC D 0.18% -0.16% -0.16%
VRSK D 0.04% -0.6% -0.6%
VRSN C 0.27% 0.45% 0.27%
WAT B 0.15% -0.31% -0.31%
WM D 0.19% -0.5% -0.5%
WMB A 0.26% 0.06% 0.06%
WMT A 0.76% -0.03% -0.03%
WRB B 0.14% 0.31% 0.14%
WST D 0.05% -0.06% -0.06%
XOM B 0.8% -0.51% -0.51%
ZBH F 0.13% -0.41% -0.41%
SSPY Overweight 355 Positions Relative to FTLS
Symbol Grade Weight
TJX C 0.75%
COST C 0.74%
ROST C 0.74%
COF C 0.72%
DFS C 0.7%
CVS D 0.68%
WBA F 0.63%
DPZ D 0.54%
DRI C 0.54%
PSX F 0.52%
CMG C 0.52%
YUM B 0.51%
L D 0.5%
SBUX B 0.49%
CHTR D 0.48%
MTCH C 0.48%
EL D 0.47%
KMB B 0.43%
KVUE C 0.43%
CLX B 0.43%
CHD B 0.43%
PWR B 0.42%
BWA C 0.41%
J D 0.4%
APTV D 0.4%
VST A 0.4%
CEG B 0.39%
BG D 0.38%
ADM D 0.38%
HRL F 0.37%
TSN D 0.37%
CRM C 0.36%
HAL F 0.36%
IBM C 0.35%
NKE D 0.34%
ATO A 0.34%
T A 0.34%
VZ A 0.34%
NI A 0.34%
GRMN D 0.34%
NRG A 0.33%
AWK C 0.33%
TPR B 0.32%
AES B 0.31%
LULU D 0.3%
DECK C 0.3%
EXC A 0.3%
FCX B 0.29%
EQIX B 0.28%
GDDY D 0.28%
AKAM D 0.28%
STLD C 0.28%
HAS A 0.27%
NUE D 0.27%
RJF B 0.27%
TRGP C 0.27%
CNC F 0.27%
DAL B 0.27%
ENPH D 0.27%
HD A 0.27%
UAL B 0.27%
DLR C 0.27%
CTLT B 0.26%
PFE D 0.26%
GILD A 0.26%
ZTS B 0.26%
F D 0.26%
MOH D 0.26%
ETR A 0.26%
PHM A 0.26%
CNP B 0.26%
MNST D 0.26%
BMY B 0.26%
GS D 0.26%
LUV C 0.26%
HUBB A 0.26%
HUM F 0.26%
PEG A 0.26%
NEM C 0.26%
MS B 0.26%
OKE C 0.26%
AEP B 0.25%
D A 0.25%
FE A 0.25%
ED A 0.25%
VTRS D 0.25%
DHI B 0.25%
LEN B 0.25%
MRK F 0.25%
DTE A 0.25%
BIIB F 0.25%
AMGN D 0.25%
ABBV A 0.25%
TAP D 0.25%
NEE A 0.25%
KO B 0.25%
INCY B 0.25%
EIX A 0.25%
ELV F 0.25%
KDP C 0.25%
MRNA F 0.24%
VRTX D 0.24%
ADI C 0.23%
MPWR C 0.23%
DAY C 0.23%
PAYC D 0.23%
EBAY A 0.23%
PLTR C 0.23%
CPRT B 0.23%
QRVO F 0.22%
ANET B 0.22%
INTU F 0.22%
SWKS F 0.22%
GIS B 0.22%
MKC B 0.22%
LW D 0.22%
ON F 0.22%
REGN D 0.22%
ADP A 0.22%
PRU C 0.21%
SJM B 0.21%
CPB D 0.21%
KHC B 0.21%
PFG C 0.21%
ERIE A 0.21%
CSCO A 0.21%
MET A 0.21%
CI C 0.2%
CAH B 0.2%
APH D 0.2%
WBD D 0.2%
BLDR B 0.2%
IEX D 0.2%
PGR C 0.2%
PARA F 0.2%
GLW C 0.2%
AIG F 0.2%
AOS B 0.2%
JNPR C 0.2%
HSIC C 0.2%
IR B 0.2%
MCK F 0.19%
HPE C 0.19%
CRWD D 0.19%
RSG D 0.19%
BBWI F 0.19%
MHK B 0.19%
K B 0.19%
ROL B 0.19%
XYL B 0.19%
TEL D 0.19%
DVN F 0.18%
WY B 0.18%
STX B 0.18%
KLAC D 0.18%
ULTA D 0.18%
HSY D 0.18%
ADBE F 0.17%
TXT D 0.17%
DGX C 0.17%
TER D 0.17%
LRCX F 0.17%
DG F 0.17%
BBY B 0.17%
SMCI F 0.17%
ADSK C 0.17%
ITW B 0.17%
DLTR F 0.17%
WDC C 0.17%
DELL D 0.17%
TGT C 0.17%
ANSS D 0.17%
PTC D 0.17%
DOV C 0.17%
FTNT C 0.17%
CINF A 0.15%
HIG A 0.15%
CB A 0.15%
ACGL A 0.15%
CRL F 0.15%
KMX D 0.15%
LKQ F 0.15%
A B 0.15%
TECH B 0.15%
MTD B 0.15%
AZO D 0.14%
ZBRA C 0.14%
WAB A 0.14%
IT C 0.14%
LDOS A 0.14%
CAT A 0.14%
ORLY A 0.14%
IQV F 0.14%
EG B 0.14%
ABNB D 0.13%
BALL B 0.13%
AMCR A 0.13%
BAC D 0.13%
AME D 0.13%
WFC D 0.13%
GWW A 0.13%
POOL B 0.13%
CTSH C 0.13%
MCHP F 0.13%
EPAM F 0.13%
BXP C 0.12%
HLT B 0.12%
MAR B 0.12%
BKNG C 0.12%
UBER C 0.12%
STT C 0.12%
HST D 0.12%
EXPE B 0.12%
TSCO A 0.12%
ESS C 0.11%
FOX A 0.11%
INVH D 0.11%
FOXA A 0.11%
EQR C 0.11%
AVB C 0.11%
MAA C 0.11%
UDR C 0.11%
DVA B 0.11%
VTR B 0.11%
BR B 0.11%
WELL B 0.11%
ARE D 0.11%
PSA C 0.11%
DOC B 0.11%
CPT C 0.11%
EXR C 0.11%
RMD C 0.1%
DXCM F 0.1%
DHR B 0.1%
HOLX D 0.1%
PODD C 0.1%
IDXX D 0.1%
ALGN D 0.1%
NWS D 0.1%
ODFL D 0.09%
UPS D 0.09%
AMP A 0.09%
FMC B 0.09%
BLK B 0.09%
CSX D 0.09%
CTVA B 0.09%
LHX A 0.09%
BX C 0.09%
TROW D 0.09%
JBHT D 0.09%
NOC B 0.09%
EXPD B 0.09%
BEN F 0.09%
AXON A 0.09%
LYV A 0.09%
CHRW A 0.09%
CCL C 0.09%
KKR C 0.09%
NCLH C 0.09%
IVZ C 0.09%
ES A 0.08%
MRO D 0.08%
WEC A 0.08%
PNW A 0.08%
HES D 0.08%
APA F 0.08%
EOG D 0.08%
TT A 0.08%
CMS A 0.08%
DUK B 0.08%
ALLE A 0.08%
SO A 0.08%
XEL A 0.08%
PCG B 0.08%
PPL A 0.08%
SRE A 0.08%
LNT A 0.08%
AEE A 0.08%
EVRG B 0.08%
JCI B 0.08%
OTIS A 0.08%
CARR C 0.08%
TDG A 0.08%
GNRC B 0.08%
MOS F 0.08%
UNP C 0.08%
RTX A 0.08%
REG B 0.07%
PLD D 0.07%
FRT B 0.07%
SHW B 0.07%
KIM C 0.07%
SW B 0.07%
AMT C 0.07%
SBAC B 0.07%
O A 0.07%
CCI A 0.07%
PPG D 0.07%
IRM B 0.07%
MGM D 0.07%
SPG A 0.07%
LYB D 0.07%
CZR C 0.07%
DOW B 0.07%
WYNN B 0.07%
CE D 0.07%
OXY F 0.07%
LVS B 0.07%
HBAN C 0.06%
CFG D 0.06%
FITB C 0.06%
KEY C 0.06%
RF C 0.06%
MTB C 0.06%
EW F 0.06%
MDT A 0.06%
PYPL B 0.06%
IP B 0.06%
BSX A 0.06%
CPAY A 0.05%
NDAQ C 0.05%
MKTX C 0.05%
IFF C 0.05%
ECL A 0.05%
BDX B 0.05%
BAX D 0.05%
FICO C 0.05%
TFX B 0.05%
SOLV D 0.05%
DD B 0.05%
EMN B 0.05%
JKHY A 0.05%
WTW A 0.04%
AJG D 0.04%
MMC D 0.04%
AON A 0.04%
BRO A 0.04%
CBRE A 0.04%
CSGP F 0.04%
SPGI C 0.04%
MA A 0.04%
FDS C 0.04%
GPN F 0.04%
MCO C 0.04%
MSCI B 0.04%
V C 0.04%
AXP A 0.04%
ICE A 0.04%
CBOE B 0.04%
ROP C 0.03%
ROK D 0.03%
NDSN B 0.03%
EMR B 0.03%
FTV B 0.03%
TDY B 0.03%
SSPY Underweight 243 Positions Relative to FTLS
Symbol Grade Weight
ILMN C -1.08%
LNG D -1.04%
PBR D -0.78%
TOL A -0.66%
CROX C -0.62%
CSL A -0.59%
INSM D -0.58%
NVS D -0.47%
TWLO C -0.47%
BJ D -0.45%
OKTA F -0.45%
EAT A -0.44%
PENN D -0.39%
FLEX B -0.39%
ZIM B -0.36%
TKO C -0.34%
EXP C -0.34%
ASO D -0.34%
TTC D -0.33%
DBX C -0.32%
CRS B -0.31%
CCK A -0.31%
PI B -0.3%
ALLY F -0.29%
LPX A -0.29%
JAZZ F -0.28%
RPRX B -0.26%
SPYV A -0.26%
SCHV A -0.26%
IWD A -0.26%
AYI A -0.24%
CNK C -0.22%
MSM D -0.21%
HRB C -0.21%
STNG D -0.21%
KNSL D -0.21%
TWST D -0.2%
EWBC D -0.2%
WHD B -0.2%
MGY C -0.19%
SAM D -0.18%
THO C -0.18%
ALKS C -0.17%
ADMA B -0.17%
GLBE C -0.16%
COLB C -0.16%
OPCH D -0.16%
LOGI D -0.15%
EXEL C -0.15%
LEG D -0.15%
ALSN A -0.15%
PNFP D -0.14%
CRC B -0.14%
ORI A -0.14%
UMBF C -0.14%
BFAM C -0.14%
SIGI D -0.13%
CALM A -0.13%
AXS A -0.13%
MTG B -0.13%
TXG F -0.13%
PRI A -0.13%
CBT B -0.13%
PAA D -0.13%
CBSH D -0.12%
NSA C -0.12%
GMS D -0.12%
RDFN C -0.12%
GFF B -0.12%
SFM A -0.12%
MATX B -0.12%
AM A -0.11%
ZWS A -0.11%
SMPL D -0.11%
MMS A -0.11%
GRBK B -0.11%
HESM D -0.11%
CSWI B -0.11%
WGO D -0.11%
YOU C -0.11%
SKYW B -0.11%
KRG C -0.11%
ABM D -0.1%
TBBK C -0.1%
PPC A -0.1%
LCII B -0.1%
DBRG D -0.1%
ESNT C -0.1%
VRNA C -0.1%
FTDR C -0.1%
ENLC A -0.1%
KFY C -0.09%
EPR C -0.09%
TCBI C -0.09%
FOLD F -0.09%
THG A -0.09%
EXTR D -0.09%
CARG C -0.08%
LANC F -0.08%
TRMD F -0.08%
GBCI D -0.08%
CUBI F -0.08%
LOPE D -0.08%
MQ F -0.08%
VCYT C -0.08%
REVG D -0.07%
KMPR D -0.07%
BOH F -0.07%
OTEX D -0.07%
AVNT B -0.07%
UBSI D -0.07%
HAYW B -0.07%
MYGN D -0.07%
NMIH C -0.07%
RLI A -0.07%
BCRX D -0.07%
AZZ C -0.07%
PRGS B -0.07%
CDNA C -0.06%
GSL C -0.06%
SUPN D -0.06%
ROIC B -0.06%
AUB D -0.06%
PLMR D -0.06%
COLL B -0.06%
WFG A -0.06%
BRC C -0.06%
FHB D -0.06%
AMPH C -0.06%
PLXS B -0.06%
ICFI C -0.06%
EBC D -0.06%
ADUS C -0.06%
PBH D -0.06%
WOLF F --0.02%
KD F --0.02%
AER C --0.02%
SAIA D --0.02%
LKFN D --0.02%
NVEE F --0.02%
ENS C --0.02%
ARM C --0.02%
COHR B --0.02%
IBOC D --0.02%
CFLT F --0.03%
GPRE F --0.03%
GKOS C --0.03%
ATEC F --0.03%
ASPN C --0.03%
OSIS B --0.03%
RXST F --0.03%
DIOD F --0.03%
PSMT B --0.03%
CLH C --0.03%
RUN D --0.03%
ARLO F --0.03%
COTY F --0.03%
ICHR F --0.03%
RIVN F --0.03%
UWMC D --0.03%
UPST C --0.03%
BIRK F --0.03%
MARA F --0.03%
BE F --0.03%
FRO D --0.03%
HLN A --0.03%
PAR D --0.03%
CRDO C --0.03%
SLGN A --0.03%
VIST D --0.03%
VSAT F --0.03%
CBU D --0.03%
DNB D --0.03%
ERJ C --0.04%
UTZ B --0.04%
NEOG D --0.04%
AMRK B --0.04%
AMRC B --0.04%
FFIN D --0.04%
BVN D --0.04%
MP C --0.04%
LYFT D --0.04%
APPN D --0.04%
SOFI C --0.04%
RDY D --0.04%
IRTC F --0.04%
OSK F --0.04%
HHH B --0.04%
ENR B --0.04%
BURL D --0.04%
PRCT C --0.04%
LMND F --0.04%
SDGR F --0.04%
AZTA F --0.04%
CNNE F --0.04%
ACIW A --0.05%
GATX D --0.05%
W D --0.05%
RH C --0.05%
APO A --0.06%
ZD D --0.06%
TTD C --0.06%
ACVA C --0.06%
VAL F --0.07%
DLB D --0.07%
MSA D --0.07%
MUFG D --0.07%
AVAV B --0.07%
SE A --0.07%
VRRM D --0.07%
AEO C --0.07%
SSB C --0.08%
KTOS A --0.08%
VNT F --0.08%
R C --0.09%
CCOI B --0.09%
MMYT D --0.09%
CHK C --0.09%
HAE D --0.1%
MAT C --0.1%
VVV D --0.11%
DY C --0.11%
IDCC A --0.12%
ARGX A --0.12%
ING C --0.13%
NSIT C --0.13%
STM F --0.13%
HQY B --0.13%
TM D --0.18%
BWXT A --0.18%
ASX D --0.18%
INFY C --0.2%
GWRE A --0.21%
GSK F --0.23%
HSBC C --0.24%
FMX F --0.26%
CCEP D --0.28%
DEO C --0.29%
SAP C --0.31%
BABA A --0.32%
UL B --0.39%
HDB C --0.46%
ASML F --0.57%
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