SSPY vs. GIGB ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)

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

$78.26

Average Daily Volume

2,972

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

GIGB

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs Investment Grade Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade, corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$47.12

Average Daily Volume

61,572

Number of Holdings ^*

184

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	GIGB
30 Days	-1.40%	1.64%
60 Days	3.12%	2.23%
90 Days	4.37%	4.61%
12 Months	23.90%	14.93%

157 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in GIGB	Overlap
AAPL	C	0.52%	0.01%	0.01%
ABBV	A	0.25%	0.04%	0.04%
ABT	C	0.06%	0.02%	0.02%
ADBE	F	0.17%	0.02%	0.02%
ADM	F	0.38%	0.01%	0.01%
AIG	F	0.2%	0.01%	0.01%
AMAT	B	0.18%	0.02%	0.02%
AMT	C	0.07%	0.01%	0.01%
AMZN	C	0.23%	0.01%	0.01%
ARE	D	0.11%	0.03%	0.03%
AVGO	C	0.24%	0.01%	0.01%
AXP	B	0.04%	0.03%	0.03%
BA	F	0.17%	0.01%	0.01%
BAC	D	0.13%	0.01%	0.01%
BDX	C	0.05%	0.03%	0.03%
BK	C	0.12%	0.01%	0.01%
BSX	A	0.06%	0.01%	0.01%
C	C	0.13%	0.03%	0.03%
CAG	D	0.22%	0.05%	0.05%
CARR	A	0.08%	0.03%	0.03%
CAT	A	0.14%	0.01%	0.01%
CB	B	0.15%	0.16%	0.15%
CCI	C	0.07%	0.01%	0.01%
CF	A	0.09%	0.05%	0.05%
CHTR	D	0.48%	0.01%	0.01%
CI	D	0.2%	0.01%	0.01%
CMCSA	C	0.53%	0.01%	0.01%
COF	C	0.72%	0.01%	0.01%
COP	D	0.08%	0.02%	0.02%
COST	C	0.74%	0.03%	0.03%
CRM	B	0.36%	0.03%	0.03%
CSCO	A	0.21%	0.07%	0.07%
CSX	D	0.09%	0.01%	0.01%
CVS	C	0.68%	0.01%	0.01%
CVX	B	0.8%	0.01%	0.01%
DD	C	0.05%	0.05%	0.05%
DE	B	0.13%	0.03%	0.03%
DELL	C	0.17%	0.08%	0.08%
DFS	C	0.7%	0.09%	0.09%
DHR	D	0.1%	0.12%	0.1%
DIS	D	0.21%	0.01%	0.01%
DLTR	F	0.17%	0.04%	0.04%
DOW	B	0.07%	0.03%	0.03%
DUK	B	0.08%	0.01%	0.01%
DVN	F	0.18%	0.02%	0.02%
EBAY	A	0.23%	0.01%	0.01%
ED	A	0.25%	0.02%	0.02%
EIX	B	0.25%	0.03%	0.03%
EOG	B	0.08%	0.06%	0.06%
ETN	C	0.27%	0.02%	0.02%
EXC	A	0.3%	0.01%	0.01%
EXPE	B	0.12%	0.02%	0.02%
FANG	C	0.08%	0.01%	0.01%
FDX	D	0.08%	0.01%	0.01%
FIS	B	0.06%	0.03%	0.03%
FITB	C	0.06%	0.04%	0.04%
FOXA	A	0.11%	0.05%	0.05%
GD	C	0.17%	0.01%	0.01%
GE	C	0.18%	0.04%	0.04%
GILD	A	0.26%	0.05%	0.05%
GIS	C	0.22%	0.03%	0.03%
GM	D	0.26%	0.01%	0.01%
GOOGL	B	0.23%	0.04%	0.04%
GPN	F	0.04%	0.09%	0.04%
HAL	D	0.36%	0.03%	0.03%
HBAN	D	0.06%	0.05%	0.05%
HCA	C	0.34%	0.05%	0.05%
HES	C	0.08%	0.03%	0.03%
HON	C	0.17%	0.01%	0.01%
HPE	B	0.19%	0.04%	0.04%
HPQ	C	0.36%	0.04%	0.04%
HRL	F	0.37%	0.04%	0.04%
IBM	A	0.35%	0.01%	0.01%
ICE	A	0.04%	0.01%	0.01%
INTC	D	0.16%	0.01%	0.01%
ITW	B	0.17%	0.04%	0.04%
JNJ	D	0.25%	0.01%	0.01%
JPM	D	0.13%	0.01%	0.01%
KDP	C	0.25%	0.01%	0.01%
KEY	C	0.06%	0.07%	0.06%
KHC	F	0.21%	0.05%	0.05%
KLAC	B	0.18%	0.04%	0.04%
KMI	A	0.27%	0.01%	0.01%
KO	C	0.25%	0.01%	0.01%
LLY	D	0.25%	0.01%	0.01%
LMT	A	0.09%	0.01%	0.01%
LRCX	D	0.17%	0.04%	0.04%
LUV	B	0.26%	0.03%	0.03%
LYB	F	0.07%	0.03%	0.03%
MA	A	0.04%	0.02%	0.02%
MAR	B	0.12%	0.03%	0.03%
MCD	A	0.51%	0.01%	0.01%
MDT	C	0.06%	0.05%	0.05%
MET	B	0.21%	0.03%	0.03%
MMC	D	0.04%	0.01%	0.01%
MMM	C	0.17%	0.01%	0.01%
MO	D	0.37%	0.01%	0.01%
MPC	C	0.5%	0.02%	0.02%
MS	B	0.26%	0.01%	0.01%
MSFT	D	0.34%	0.01%	0.01%
MU	D	0.14%	0.01%	0.01%
NEM	C	0.26%	0.05%	0.05%
NI	A	0.34%	0.01%	0.01%
NKE	D	0.34%	0.02%	0.02%
NOC	B	0.09%	0.04%	0.04%
NVDA	B	0.14%	0.05%	0.05%
NXPI	F	0.23%	0.02%	0.02%
OKE	A	0.26%	0.02%	0.02%
OMC	C	0.34%	0.05%	0.05%
ORCL	C	0.35%	0.01%	0.01%
OTIS	A	0.08%	0.07%	0.07%
PCG	C	0.08%	0.03%	0.03%
PEP	F	0.18%	0.01%	0.01%
PFE	D	0.26%	0.01%	0.01%
PM	D	0.37%	0.01%	0.01%
PNC	C	0.06%	0.01%	0.01%
PRU	C	0.21%	0.01%	0.01%
PSX	D	0.52%	0.03%	0.03%
QCOM	C	0.22%	0.02%	0.02%
REGN	D	0.22%	0.06%	0.06%
RSG	C	0.19%	0.06%	0.06%
RTX	A	0.08%	0.01%	0.01%
SBUX	C	0.49%	0.01%	0.01%
SHW	B	0.07%	0.07%	0.07%
SLB	D	0.36%	0.07%	0.07%
SO	A	0.08%	0.03%	0.03%
SPG	A	0.07%	0.01%	0.01%
STT	C	0.12%	0.01%	0.01%
SWK	C	0.27%	0.04%	0.04%
SYF	B	0.69%	0.03%	0.03%
SYY	C	0.76%	0.06%	0.06%
T	A	0.34%	0.01%	0.01%
TAP	D	0.25%	0.02%	0.02%
TFC	D	0.06%	0.04%	0.04%
TGT	D	0.17%	0.04%	0.04%
TMO	D	0.14%	0.05%	0.05%
TMUS	A	0.33%	0.06%	0.06%
TSN	D	0.37%	0.02%	0.02%
TXN	C	0.23%	0.04%	0.04%
UNP	D	0.08%	0.05%	0.05%
UPS	D	0.09%	0.01%	0.01%
USB	D	0.06%	0.01%	0.01%
V	C	0.04%	0.01%	0.01%
VLO	F	0.5%	0.04%	0.04%
VTRS	D	0.25%	0.04%	0.04%
VZ	B	0.34%	0.01%	0.01%
WAB	A	0.14%	0.1%	0.1%
WBA	F	0.63%	0.06%	0.06%
WDC	C	0.17%	0.14%	0.14%
WELL	C	0.11%	0.01%	0.01%
WFC	F	0.13%	0.01%	0.01%
WMB	A	0.26%	0.01%	0.01%
WMT	A	0.76%	0.02%	0.02%
WY	C	0.18%	0.03%	0.03%
XOM	A	0.8%	0.01%	0.01%
ZBH	F	0.13%	0.02%	0.02%
ZTS	C	0.26%	0.03%	0.03%

SSPY Overweight 339 Positions Relative to GIGB

Symbol	Grade	Weight
KR	C	0.76%
TJX	D	0.75%
ROST	D	0.74%
DPZ	D	0.54%
DRI	C	0.54%
BRK.A	C	0.52%
CMG	C	0.52%
YUM	B	0.51%
MSI	A	0.51%
TTWO	F	0.5%
L	D	0.5%
META	A	0.49%
EA	D	0.49%
MTCH	B	0.48%
EL	D	0.47%
KMB	D	0.43%
CL	D	0.43%
KVUE	C	0.43%
CLX	C	0.43%
CHD	D	0.43%
PG	D	0.43%
PWR	B	0.42%
BWA	C	0.41%
J	F	0.4%
APTV	D	0.4%
VST	B	0.4%
CEG	A	0.39%
BG	F	0.38%
BKR	B	0.37%
JBL	C	0.36%
SNPS	F	0.35%
UHS	D	0.35%
ATO	A	0.34%
IPG	D	0.34%
GRMN	D	0.34%
CDNS	D	0.34%
NRG	A	0.33%
AWK	C	0.33%
TPR	C	0.32%
RL	B	0.32%
AES	C	0.31%
LULU	D	0.3%
DECK	B	0.3%
FCX	B	0.29%
NVR	C	0.28%
EQIX	C	0.28%
GDDY	D	0.28%
AKAM	D	0.28%
TSLA	C	0.28%
STLD	B	0.28%
HAS	A	0.27%
NUE	C	0.27%
RJF	B	0.27%
TRGP	A	0.27%
CNC	F	0.27%
DAL	C	0.27%
ENPH	F	0.27%
HD	A	0.27%
UAL	B	0.27%
VRSN	B	0.27%
DLR	C	0.27%
CTLT	A	0.26%
F	D	0.26%
MOH	F	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%
HUBB	B	0.26%
HUM	F	0.26%
PEG	A	0.26%
SCHW	D	0.26%
UNH	B	0.26%
LOW	A	0.26%
AEP	C	0.25%
D	A	0.25%
FE	C	0.25%
DHI	C	0.25%
LEN	B	0.25%
MRK	F	0.25%
DTE	A	0.25%
BIIB	F	0.25%
AMGN	D	0.25%
NEE	A	0.25%
STZ	D	0.25%
INCY	B	0.25%
SNA	A	0.25%
ELV	F	0.25%
MRNA	F	0.24%
VRTX	D	0.24%
NOW	C	0.24%
ADI	C	0.23%
TYL	B	0.23%
MPWR	B	0.23%
DAY	B	0.23%
NFLX	B	0.23%
PAYC	D	0.23%
GOOG	B	0.23%
PLTR	A	0.23%
CPRT	C	0.23%
QRVO	F	0.22%
ANET	A	0.22%
FFIV	B	0.22%
INTU	F	0.22%
SWKS	F	0.22%
MKC	C	0.22%
LW	D	0.22%
ON	F	0.22%
PAYX	A	0.22%
ADP	A	0.22%
ALL	C	0.21%
KEYS	C	0.21%
AIZ	B	0.21%
GL	C	0.21%
SJM	D	0.21%
CPB	D	0.21%
PFG	C	0.21%
ERIE	B	0.21%
MAS	A	0.2%
CAH	B	0.2%
APH	D	0.2%
WBD	D	0.2%
BLDR	B	0.2%
PNR	B	0.2%
IEX	D	0.2%
PGR	C	0.2%
PARA	F	0.2%
FSLR	C	0.2%
GLW	C	0.2%
AOS	B	0.2%
JNPR	B	0.2%
HSIC	D	0.2%
IR	B	0.2%
AFL	A	0.2%
MCK	F	0.19%
CRWD	D	0.19%
BBWI	F	0.19%
CTAS	C	0.19%
MDLZ	D	0.19%
WM	B	0.19%
GEV	A	0.19%
MHK	B	0.19%
K	A	0.19%
ROL	C	0.19%
XYL	C	0.19%
TEL	D	0.19%
STX	B	0.18%
CTRA	D	0.18%
MLM	F	0.18%
NTAP	D	0.18%
VMC	D	0.18%
ULTA	D	0.18%
EQT	B	0.18%
HSY	F	0.18%
TXT	F	0.17%
DGX	C	0.17%
PANW	D	0.17%
TER	C	0.17%
DG	F	0.17%
BBY	C	0.17%
SMCI	F	0.17%
ADSK	C	0.17%
ANSS	D	0.17%
PTC	D	0.17%
DOV	B	0.17%
FTNT	B	0.17%
TRV	C	0.15%
CINF	A	0.15%
HIG	B	0.15%
ACGL	A	0.15%
CRL	F	0.15%
KMX	F	0.15%
LKQ	F	0.15%
A	B	0.15%
TECH	D	0.15%
WAT	B	0.15%
MTD	B	0.15%
GPC	D	0.15%
AZO	D	0.14%
ZBRA	C	0.14%
IT	B	0.14%
LDOS	A	0.14%
WRB	C	0.14%
AMD	B	0.14%
URI	C	0.14%
ORLY	A	0.14%
IQV	F	0.14%
EG	B	0.14%
ISRG	C	0.13%
ABNB	D	0.13%
BALL	C	0.13%
AMCR	C	0.13%
CDW	D	0.13%
AME	D	0.13%
FAST	C	0.13%
ACN	B	0.13%
GWW	B	0.13%
PCAR	C	0.13%
POOL	B	0.13%
CTSH	B	0.13%
MCHP	F	0.13%
EPAM	F	0.13%
BXP	C	0.12%
HLT	B	0.12%
BKNG	C	0.12%
UBER	C	0.12%
HST	D	0.12%
STE	D	0.12%
SYK	C	0.12%
TSCO	B	0.12%
ESS	D	0.11%
FOX	A	0.11%
GEHC	C	0.11%
INVH	F	0.11%
EQR	C	0.11%
AVB	C	0.11%
MAA	D	0.11%
UDR	C	0.11%
DVA	C	0.11%
VTR	C	0.11%
BR	B	0.11%
PSA	C	0.11%
DOC	C	0.11%
CPT	C	0.11%
EXR	C	0.11%
RMD	C	0.1%
DXCM	F	0.1%
HOLX	D	0.1%
PODD	C	0.1%
IDXX	D	0.1%
ALGN	D	0.1%
NWSA	D	0.1%
NWS	D	0.1%
ODFL	F	0.09%
AMP	A	0.09%
FMC	C	0.09%
BLK	A	0.09%
CTVA	A	0.09%
LHX	A	0.09%
NTRS	C	0.09%
BX	C	0.09%
TROW	D	0.09%
JBHT	D	0.09%
EXPD	D	0.09%
BEN	F	0.09%
AXON	A	0.09%
RCL	C	0.09%
LYV	B	0.09%
CHRW	C	0.09%
CCL	C	0.09%
KKR	C	0.09%
NCLH	C	0.09%
IVZ	B	0.09%
ES	D	0.08%
MRO	C	0.08%
WEC	A	0.08%
PNW	B	0.08%
APA	F	0.08%
TT	A	0.08%
CMS	A	0.08%
ALLE	A	0.08%
XEL	B	0.08%
PPL	B	0.08%
SRE	B	0.08%
LNT	A	0.08%
HWM	A	0.08%
AEE	A	0.08%
EVRG	C	0.08%
JCI	C	0.08%
TDG	B	0.08%
PH	B	0.08%
GNRC	B	0.08%
CMI	A	0.08%
MOS	F	0.08%
NSC	D	0.08%
HII	F	0.08%
REG	C	0.07%
PLD	D	0.07%
FRT	D	0.07%
VICI	C	0.07%
KIM	C	0.07%
SW	C	0.07%
SBAC	C	0.07%
O	A	0.07%
PPG	D	0.07%
IRM	A	0.07%
MGM	C	0.07%
CZR	B	0.07%
WYNN	B	0.07%
CE	C	0.07%
OXY	D	0.07%
LVS	B	0.07%
CFG	D	0.06%
RF	C	0.06%
MTB	C	0.06%
EW	F	0.06%
AVY	D	0.06%
PYPL	C	0.06%
IP	C	0.06%
PKG	B	0.06%
CPAY	A	0.05%
NDAQ	B	0.05%
CME	A	0.05%
LIN	B	0.05%
MKTX	B	0.05%
IFF	C	0.05%
ECL	B	0.05%
APD	C	0.05%
BAX	D	0.05%
ALB	D	0.05%
FICO	A	0.05%
TFX	C	0.05%
SOLV	C	0.05%
WST	D	0.05%
EMN	C	0.05%
JKHY	A	0.05%
WTW	C	0.04%
AJG	D	0.04%
AON	B	0.04%
BRO	A	0.04%
CBRE	B	0.04%
EFX	C	0.04%
CSGP	F	0.04%
VRSK	C	0.04%
SPGI	B	0.04%
FDS	C	0.04%
MCO	D	0.04%
MSCI	B	0.04%
CBOE	B	0.04%
ROP	C	0.03%
ROK	C	0.03%
VLTO	A	0.03%
TRMB	B	0.03%
NDSN	C	0.03%
EMR	B	0.03%
FTV	C	0.03%
TDY	A	0.03%

SSPY Underweight 27 Positions Relative to GIGB

Symbol	Grade	Weight
TD	B	-0.11%
GLPI	A	-0.1%
KOF	D	-0.09%
AER	D	-0.07%
CM	C	-0.06%
SCCO	B	-0.05%
ALLY	F	-0.04%
BNS	C	-0.04%
RY	C	-0.04%
RPRX	D	-0.03%
JEF	A	-0.03%
BABA	B	-0.03%
PAA	C	-0.03%
BHP	B	-0.02%
EPD	A	-0.02%
DB	C	-0.02%
MPLX	A	-0.02%
HSBC	A	-0.02%
BERY	C	-0.01%
AZN	D	-0.01%
EQNR	C	-0.01%
NWG	D	-0.01%
MUFG	F	-0.01%
VOD	D	-0.01%
ET	A	-0.01%
ARCC	A	-0.01%
BMO	B	-0.01%