SSPY vs. HCMT ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Direxion HCM Tactical Enhanced US ETF (HCMT)

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

$81.25

Average Daily Volume

2,386

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.22

Average Daily Volume

49,408

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	HCMT
30 Days	2.71%	2.51%
60 Days	2.03%	7.78%
90 Days	2.72%	8.58%
12 Months	22.62%	52.50%

498 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in HCMT	Overlap
A	D	0.15%	0.06%	0.06%
AAPL	C	0.5%	5.45%	0.5%
ABBV	F	0.24%	0.47%	0.24%
ABNB	C	0.12%	0.09%	0.09%
ABT	B	0.06%	0.31%	0.06%
ACGL	C	0.14%	0.06%	0.06%
ACN	B	0.13%	0.36%	0.13%
ADBE	C	0.16%	0.37%	0.16%
ADI	D	0.22%	0.17%	0.17%
ADM	D	0.37%	0.04%	0.04%
ADP	A	0.21%	0.19%	0.19%
ADSK	A	0.17%	0.1%	0.1%
AEE	A	0.08%	0.04%	0.04%
AEP	C	0.24%	0.08%	0.08%
AES	F	0.32%	0.02%	0.02%
AFL	B	0.2%	0.09%	0.09%
AIG	B	0.2%	0.08%	0.08%
AIZ	A	0.2%	0.02%	0.02%
AJG	A	0.03%	0.1%	0.03%
AKAM	D	0.27%	0.02%	0.02%
ALB	B	0.05%	0.02%	0.02%
ALGN	D	0.1%	0.02%	0.02%
ALL	A	0.2%	0.08%	0.08%
ALLE	C	0.08%	0.02%	0.02%
AMAT	F	0.18%	0.24%	0.18%
AMCR	C	0.13%	0.02%	0.02%
AMD	F	0.14%	0.35%	0.14%
AME	A	0.13%	0.07%	0.07%
AMGN	F	0.24%	0.25%	0.24%
AMP	A	0.08%	0.09%	0.08%
AMT	C	0.06%	0.14%	0.06%
AMZN	C	0.22%	3.1%	0.22%
ANET	C	0.21%	0.16%	0.16%
ANSS	B	0.17%	0.05%	0.05%
AON	A	0.04%	0.13%	0.04%
AOS	F	0.21%	0.01%	0.01%
APA	D	0.07%	0.01%	0.01%
APD	A	0.05%	0.11%	0.05%
APH	A	0.19%	0.14%	0.14%
APTV	F	0.4%	0.02%	0.02%
ARE	F	0.11%	0.03%	0.03%
ATO	A	0.33%	0.04%	0.04%
AVB	B	0.1%	0.05%	0.05%
AVGO	D	0.23%	1.25%	0.23%
AVY	F	0.06%	0.03%	0.03%
AWK	C	0.32%	0.04%	0.04%
AXON	A	0.09%	0.07%	0.07%
AXP	A	0.04%	0.25%	0.04%
AZO	C	0.14%	0.08%	0.08%
BA	F	0.16%	0.16%	0.16%
BAC	A	0.12%	0.49%	0.12%
BALL	F	0.13%	0.03%	0.03%
BAX	F	0.05%	0.03%	0.03%
BBY	D	0.17%	0.03%	0.03%
BDX	F	0.05%	0.1%	0.05%
BEN	C	0.09%	0.01%	0.01%
BG	D	0.37%	0.02%	0.02%
BIIB	F	0.24%	0.04%	0.04%
BK	A	0.11%	0.09%	0.09%
BKNG	A	0.11%	0.26%	0.11%
BKR	A	0.35%	0.07%	0.07%
BLDR	D	0.19%	0.03%	0.03%
BLK	B	0.08%	0.23%	0.08%
BMY	B	0.25%	0.19%	0.19%
BR	A	0.11%	0.04%	0.04%
BRK.A	B	0.5%	1.35%	0.5%
BRO	B	0.04%	0.04%	0.04%
BSX	A	0.06%	0.2%	0.06%
BWA	D	0.42%	0.01%	0.01%
BX	A	0.08%	0.21%	0.08%
BXP	C	0.11%	0.02%	0.02%
C	A	0.13%	0.2%	0.13%
CAG	F	0.21%	0.02%	0.02%
CAH	B	0.19%	0.05%	0.05%
CARR	C	0.08%	0.1%	0.08%
CAT	B	0.14%	0.3%	0.14%
CB	C	0.14%	0.17%	0.14%
CBOE	C	0.04%	0.03%	0.03%
CBRE	B	0.04%	0.06%	0.04%
CCI	C	0.06%	0.07%	0.06%
CCL	A	0.09%	0.04%	0.04%
CDNS	B	0.33%	0.13%	0.13%
CDW	F	0.13%	0.04%	0.04%
CE	F	0.07%	0.01%	0.01%
CEG	C	0.38%	0.11%	0.11%
CF	A	0.09%	0.02%	0.02%
CFG	B	0.06%	0.03%	0.03%
CHD	A	0.42%	0.04%	0.04%
CHRW	B	0.09%	0.02%	0.02%
CHTR	C	0.47%	0.06%	0.06%
CI	D	0.19%	0.14%	0.14%
CINF	A	0.14%	0.04%	0.04%
CL	D	0.41%	0.12%	0.12%
CLX	A	0.41%	0.03%	0.03%
CMCSA	B	0.52%	0.26%	0.26%
CME	B	0.04%	0.13%	0.04%
CMG	B	0.5%	0.13%	0.13%
CMI	A	0.08%	0.08%	0.08%
CMS	C	0.08%	0.03%	0.03%
CNC	D	0.26%	0.05%	0.05%
CNP	A	0.26%	0.03%	0.03%
COF	C	0.7%	0.11%	0.11%
COP	C	0.07%	0.21%	0.07%
COR	B	0.18%	0.07%	0.07%
COST	A	0.71%	0.64%	0.64%
CPAY	A	0.04%	0.04%	0.04%
CPB	D	0.2%	0.01%	0.01%
CPRT	B	0.23%	0.08%	0.08%
CPT	B	0.11%	0.02%	0.02%
CRL	D	0.14%	0.02%	0.02%
CRM	B	0.35%	0.51%	0.35%
CRWD	B	0.18%	0.12%	0.12%
CSCO	B	0.21%	0.37%	0.21%
CSGP	D	0.04%	0.05%	0.04%
CSX	C	0.08%	0.11%	0.08%
CTAS	B	0.18%	0.12%	0.12%
CTLT	C	0.25%	0.02%	0.02%
CTRA	B	0.17%	0.03%	0.03%
CTSH	B	0.13%	0.06%	0.06%
CTVA	C	0.08%	0.06%	0.06%
CVS	D	0.69%	0.11%	0.11%
CVX	A	0.76%	0.43%	0.43%
CZR	F	0.07%	0.01%	0.01%
D	C	0.24%	0.07%	0.07%
DAL	B	0.28%	0.07%	0.07%
DAY	B	0.22%	0.02%	0.02%
DD	C	0.05%	0.05%	0.05%
DE	B	0.13%	0.16%	0.13%
DECK	A	0.3%	0.04%	0.04%
DELL	B	0.17%	0.06%	0.06%
DFS	B	0.69%	0.07%	0.07%
DG	F	0.17%	0.03%	0.03%
DGX	A	0.16%	0.03%	0.03%
DHI	F	0.24%	0.08%	0.08%
DHR	F	0.1%	0.24%	0.1%
DIS	B	0.21%	0.31%	0.21%
DLR	B	0.26%	0.09%	0.09%
DLTR	F	0.17%	0.02%	0.02%
DOC	C	0.11%	0.02%	0.02%
DOV	A	0.17%	0.04%	0.04%
DOW	F	0.07%	0.05%	0.05%
DPZ	C	0.52%	0.02%	0.02%
DRI	B	0.51%	0.03%	0.03%
DTE	C	0.25%	0.04%	0.04%
DUK	C	0.07%	0.13%	0.07%
DVA	C	0.11%	0.01%	0.01%
DVN	F	0.16%	0.04%	0.04%
DXCM	C	0.1%	0.05%	0.05%
EA	A	0.49%	0.06%	0.06%
EBAY	D	0.22%	0.05%	0.05%
ECL	D	0.05%	0.1%	0.05%
ED	C	0.24%	0.05%	0.05%
EFX	F	0.04%	0.05%	0.04%
EG	C	0.14%	0.03%	0.03%
EIX	B	0.25%	0.05%	0.05%
EL	F	0.5%	0.02%	0.02%
ELV	F	0.24%	0.15%	0.15%
EMN	C	0.05%	0.02%	0.02%
EMR	B	0.03%	0.12%	0.03%
ENPH	F	0.26%	0.01%	0.01%
EOG	A	0.07%	0.12%	0.07%
EPAM	B	0.13%	0.02%	0.02%
EQIX	A	0.27%	0.13%	0.13%
EQR	C	0.1%	0.04%	0.04%
EQT	B	0.18%	0.04%	0.04%
ERIE	D	0.2%	0.02%	0.02%
ES	C	0.07%	0.03%	0.03%
ESS	B	0.1%	0.03%	0.03%
ETN	A	0.26%	0.23%	0.23%
ETR	B	0.25%	0.05%	0.05%
EVRG	A	0.08%	0.02%	0.02%
EW	C	0.06%	0.06%	0.06%
EXC	C	0.3%	0.06%	0.06%
EXPD	C	0.09%	0.03%	0.03%
EXPE	B	0.12%	0.04%	0.04%
EXR	C	0.11%	0.05%	0.05%
F	C	0.25%	0.07%	0.07%
FANG	C	0.07%	0.05%	0.05%
FAST	B	0.13%	0.07%	0.07%
FCX	F	0.3%	0.1%	0.1%
FDS	B	0.04%	0.03%	0.03%
FDX	B	0.07%	0.1%	0.07%
FE	C	0.24%	0.03%	0.03%
FFIV	B	0.21%	0.02%	0.02%
FI	A	0.06%	0.19%	0.06%
FICO	B	0.05%	0.09%	0.05%
FIS	C	0.05%	0.08%	0.05%
FITB	B	0.06%	0.05%	0.05%
FMC	D	0.09%	0.01%	0.01%
FOX	A	0.1%	0.01%	0.01%
FOXA	A	0.1%	0.02%	0.02%
FRT	B	0.06%	0.01%	0.01%
FSLR	F	0.2%	0.03%	0.03%
FTNT	C	0.17%	0.09%	0.09%
FTV	C	0.03%	0.04%	0.03%
GD	D	0.16%	0.12%	0.12%
GDDY	A	0.27%	0.04%	0.04%
GE	D	0.17%	0.3%	0.17%
GEHC	D	0.1%	0.06%	0.06%
GEN	B	0.17%	0.03%	0.03%
GEV	B	0.18%	0.14%	0.14%
GILD	C	0.25%	0.18%	0.18%
GIS	D	0.21%	0.06%	0.06%
GL	C	0.2%	0.02%	0.02%
GLW	B	0.19%	0.06%	0.06%
GM	C	0.25%	0.1%	0.1%
GNRC	C	0.08%	0.02%	0.02%
GOOG	C	0.23%	1.34%	0.23%
GOOGL	C	0.23%	1.62%	0.23%
GPC	D	0.15%	0.03%	0.03%
GPN	B	0.04%	0.05%	0.04%
GRMN	B	0.33%	0.05%	0.05%
GS	A	0.25%	0.29%	0.25%
GWW	B	0.12%	0.08%	0.08%
HAL	C	0.34%	0.04%	0.04%
HAS	D	0.26%	0.01%	0.01%
HBAN	A	0.06%	0.04%	0.04%
HCA	F	0.33%	0.1%	0.1%
HD	B	0.26%	0.63%	0.26%
HES	B	0.07%	0.06%	0.06%
HIG	B	0.14%	0.05%	0.05%
HII	F	0.08%	0.01%	0.01%
HLT	A	0.12%	0.1%	0.1%
HOLX	D	0.1%	0.03%	0.03%
HON	C	0.17%	0.24%	0.17%
HPE	B	0.19%	0.04%	0.04%
HPQ	B	0.35%	0.06%	0.06%
HRL	D	0.36%	0.01%	0.01%
HSIC	C	0.2%	0.01%	0.01%
HST	C	0.11%	0.02%	0.02%
HSY	F	0.18%	0.04%	0.04%
HUBB	B	0.26%	0.04%	0.04%
HUM	C	0.26%	0.05%	0.05%
HWM	A	0.08%	0.07%	0.07%
IBM	C	0.34%	0.3%	0.3%
ICE	C	0.04%	0.14%	0.04%
IDXX	F	0.1%	0.05%	0.05%
IEX	C	0.2%	0.03%	0.03%
IFF	D	0.05%	0.04%	0.04%
INCY	C	0.25%	0.02%	0.02%
INTC	C	0.16%	0.17%	0.16%
INTU	B	0.2%	0.31%	0.2%
INVH	D	0.1%	0.03%	0.03%
IP	A	0.06%	0.03%	0.03%
IPG	D	0.34%	0.02%	0.02%
IQV	F	0.14%	0.06%	0.06%
IR	B	0.2%	0.07%	0.07%
IRM	C	0.06%	0.05%	0.05%
ISRG	A	0.12%	0.3%	0.12%
IT	C	0.13%	0.06%	0.06%
ITW	B	0.17%	0.11%	0.11%
IVZ	B	0.09%	0.01%	0.01%
J	D	0.4%	0.03%	0.03%
JBHT	C	0.08%	0.02%	0.02%
JBL	C	0.38%	0.02%	0.02%
JCI	B	0.08%	0.09%	0.08%
JKHY	D	0.05%	0.02%	0.02%
JNJ	C	0.24%	0.57%	0.24%
JNPR	D	0.2%	0.02%	0.02%
JPM	A	0.13%	1.08%	0.13%
K	A	0.18%	0.03%	0.03%
KDP	F	0.24%	0.06%	0.06%
KEY	B	0.06%	0.03%	0.03%
KEYS	A	0.21%	0.04%	0.04%
KHC	F	0.21%	0.04%	0.04%
KIM	A	0.06%	0.03%	0.03%
KKR	A	0.09%	0.16%	0.09%
KLAC	F	0.17%	0.14%	0.14%
KMB	C	0.42%	0.07%	0.07%
KMI	A	0.25%	0.08%	0.08%
KMX	B	0.14%	0.02%	0.02%
KO	D	0.25%	0.38%	0.25%
KR	B	0.74%	0.06%	0.06%
KVUE	A	0.42%	0.07%	0.07%
L	A	0.49%	0.02%	0.02%
LDOS	C	0.13%	0.04%	0.04%
LEN	D	0.25%	0.06%	0.06%
LH	B	0.16%	0.03%	0.03%
LHX	C	0.08%	0.07%	0.07%
LIN	C	0.04%	0.34%	0.04%
LKQ	F	0.14%	0.02%	0.02%
LLY	F	0.23%	0.98%	0.23%
LMT	D	0.09%	0.18%	0.09%
LNT	A	0.08%	0.02%	0.02%
LOW	C	0.26%	0.24%	0.24%
LULU	C	0.31%	0.06%	0.06%
LUV	C	0.25%	0.03%	0.03%
LVS	B	0.08%	0.03%	0.03%
LW	C	0.22%	0.02%	0.02%
LYB	F	0.07%	0.03%	0.03%
LYV	A	0.09%	0.03%	0.03%
MA	B	0.04%	0.67%	0.04%
MAA	B	0.1%	0.03%	0.03%
MAR	A	0.12%	0.1%	0.1%
MAS	D	0.19%	0.03%	0.03%
MCD	D	0.5%	0.34%	0.34%
MCHP	F	0.14%	0.06%	0.06%
MCK	A	0.18%	0.12%	0.12%
MCO	B	0.04%	0.12%	0.04%
MDLZ	F	0.18%	0.14%	0.14%
MDT	D	0.06%	0.17%	0.06%
MET	A	0.21%	0.08%	0.08%
META	D	0.47%	1.98%	0.47%
MGM	D	0.07%	0.01%	0.01%
MHK	D	0.19%	0.01%	0.01%
MKC	C	0.21%	0.03%	0.03%
MKTX	D	0.04%	0.02%	0.02%
MLM	C	0.17%	0.06%	0.06%
MMC	B	0.04%	0.17%	0.04%
MMM	D	0.17%	0.11%	0.11%
MNST	C	0.25%	0.06%	0.06%
MO	A	0.35%	0.15%	0.15%
MOH	F	0.25%	0.03%	0.03%
MOS	F	0.08%	0.01%	0.01%
MPC	D	0.49%	0.08%	0.08%
MPWR	F	0.22%	0.04%	0.04%
MRK	D	0.24%	0.39%	0.24%
MRNA	F	0.24%	0.02%	0.02%
MRO	B	0.07%	0.03%	0.03%
MS	A	0.26%	0.26%	0.26%
MSCI	C	0.04%	0.07%	0.04%
MSFT	D	0.32%	4.99%	0.32%
MSI	B	0.49%	0.13%	0.13%
MTB	A	0.06%	0.06%	0.06%
MTCH	D	0.47%	0.01%	0.01%
MTD	F	0.15%	0.04%	0.04%
MU	D	0.15%	0.17%	0.15%
NCLH	B	0.09%	0.02%	0.02%
NDAQ	A	0.04%	0.05%	0.04%
NDSN	B	0.03%	0.02%	0.02%
NEE	C	0.24%	0.24%	0.24%
NEM	D	0.25%	0.07%	0.07%
NFLX	A	0.22%	0.56%	0.22%
NI	A	0.33%	0.03%	0.03%
NKE	F	0.33%	0.14%	0.14%
NOC	D	0.09%	0.11%	0.09%
NOW	A	0.22%	0.34%	0.22%
NRG	B	0.33%	0.03%	0.03%
NSC	B	0.08%	0.09%	0.08%
NTAP	C	0.17%	0.04%	0.04%
NTRS	A	0.08%	0.03%	0.03%
NUE	C	0.26%	0.05%	0.05%
NVDA	B	0.13%	5.67%	0.13%
NVR	D	0.26%	0.04%	0.04%
NWS	A	0.1%	0.01%	0.01%
NWSA	A	0.1%	0.02%	0.02%
NXPI	D	0.23%	0.09%	0.09%
O	C	0.07%	0.08%	0.07%
ODFL	C	0.08%	0.07%	0.07%
OKE	A	0.24%	0.1%	0.1%
OMC	C	0.34%	0.03%	0.03%
ON	D	0.23%	0.05%	0.05%
ORCL	A	0.34%	0.47%	0.34%
ORLY	B	0.14%	0.11%	0.11%
OTIS	C	0.08%	0.06%	0.06%
OXY	D	0.07%	0.05%	0.05%
PANW	B	0.16%	0.2%	0.16%
PARA	C	0.2%	0.01%	0.01%
PAYC	B	0.22%	0.02%	0.02%
PAYX	B	0.21%	0.07%	0.07%
PCAR	B	0.13%	0.09%	0.09%
PCG	A	0.08%	0.07%	0.07%
PEG	A	0.26%	0.07%	0.07%
PEP	F	0.18%	0.36%	0.18%
PFE	F	0.24%	0.23%	0.23%
PFG	D	0.21%	0.03%	0.03%
PG	C	0.42%	0.62%	0.42%
PGR	A	0.19%	0.24%	0.19%
PH	A	0.08%	0.14%	0.08%
PHM	D	0.25%	0.04%	0.04%
PKG	A	0.06%	0.03%	0.03%
PLD	F	0.06%	0.17%	0.06%
PLTR	B	0.23%	0.19%	0.19%
PM	B	0.35%	0.31%	0.31%
PNC	B	0.06%	0.13%	0.06%
PNR	A	0.19%	0.03%	0.03%
PNW	A	0.07%	0.02%	0.02%
PODD	C	0.1%	0.03%	0.03%
POOL	C	0.13%	0.02%	0.02%
PPG	F	0.07%	0.05%	0.05%
PPL	A	0.08%	0.04%	0.04%
PRU	A	0.2%	0.07%	0.07%
PSA	C	0.11%	0.08%	0.08%
PSX	C	0.51%	0.09%	0.09%
PTC	B	0.17%	0.04%	0.04%
PWR	A	0.4%	0.07%	0.07%
PYPL	B	0.06%	0.14%	0.06%
QCOM	F	0.22%	0.29%	0.22%
QRVO	F	0.21%	0.01%	0.01%
RCL	A	0.09%	0.09%	0.09%
REG	A	0.06%	0.02%	0.02%
REGN	F	0.22%	0.13%	0.13%
RF	A	0.06%	0.04%	0.04%
RJF	A	0.25%	0.05%	0.05%
RL	C	0.32%	0.01%	0.01%
RMD	C	0.09%	0.05%	0.05%
ROK	C	0.03%	0.05%	0.03%
ROL	B	0.18%	0.02%	0.02%
ROP	B	0.03%	0.1%	0.03%
ROST	D	0.72%	0.07%	0.07%
RSG	A	0.18%	0.07%	0.07%
RTX	D	0.08%	0.25%	0.08%
RVTY	F	0.1%	0.02%	0.02%
SBAC	D	0.06%	0.04%	0.04%
SBUX	A	0.48%	0.18%	0.18%
SCHW	B	0.25%	0.19%	0.19%
SHW	B	0.06%	0.14%	0.06%
SJM	D	0.21%	0.02%	0.02%
SLB	C	0.35%	0.1%	0.1%
SMCI	F	0.15%	0.01%	0.01%
SNA	A	0.25%	0.03%	0.03%
SNPS	B	0.34%	0.13%	0.13%
SO	C	0.08%	0.15%	0.08%
SOLV	D	0.05%	0.01%	0.01%
SPG	A	0.07%	0.09%	0.07%
SPGI	C	0.04%	0.26%	0.04%
SRE	A	0.08%	0.09%	0.08%
STE	D	0.12%	0.03%	0.03%
STLD	B	0.27%	0.03%	0.03%
STT	B	0.12%	0.04%	0.04%
STX	C	0.17%	0.03%	0.03%
STZ	D	0.25%	0.06%	0.06%
SW	A	0.07%	0.04%	0.04%
SWK	D	0.27%	0.02%	0.02%
SWKS	F	0.21%	0.02%	0.02%
SYF	B	0.69%	0.04%	0.04%
SYK	B	0.12%	0.21%	0.12%
SYY	D	0.75%	0.06%	0.06%
T	A	0.33%	0.25%	0.25%
TAP	C	0.25%	0.02%	0.02%
TDG	D	0.08%	0.11%	0.08%
TDY	B	0.03%	0.04%	0.03%
TECH	F	0.15%	0.02%	0.02%
TER	F	0.17%	0.03%	0.03%
TFC	A	0.06%	0.1%	0.06%
TFX	F	0.05%	0.01%	0.01%
TGT	F	0.17%	0.11%	0.11%
TJX	A	0.72%	0.21%	0.21%
TMO	F	0.14%	0.32%	0.14%
TMUS	B	0.33%	0.18%	0.18%
TPR	B	0.33%	0.02%	0.02%
TRGP	A	0.24%	0.07%	0.07%
TRMB	B	0.03%	0.03%	0.03%
TROW	B	0.09%	0.04%	0.04%
TRV	B	0.14%	0.09%	0.09%
TSCO	D	0.12%	0.05%	0.05%
TSLA	B	0.28%	1.36%	0.28%
TSN	B	0.36%	0.03%	0.03%
TT	A	0.07%	0.15%	0.07%
TTWO	A	0.49%	0.05%	0.05%
TXN	C	0.23%	0.3%	0.23%
TXT	D	0.16%	0.03%	0.03%
TYL	B	0.22%	0.04%	0.04%
UAL	A	0.28%	0.05%	0.05%
UBER	F	0.11%	0.24%	0.11%
UDR	B	0.1%	0.02%	0.02%
UHS	D	0.32%	0.02%	0.02%
ULTA	F	0.17%	0.03%	0.03%
UNH	B	0.26%	0.86%	0.26%
UNP	C	0.08%	0.23%	0.08%
UPS	C	0.09%	0.15%	0.09%
URI	C	0.14%	0.09%	0.09%
USB	A	0.06%	0.12%	0.06%
V	A	0.04%	0.81%	0.04%
VICI	C	0.06%	0.05%	0.05%
VLO	C	0.5%	0.07%	0.07%
VLTO	C	0.03%	0.04%	0.03%
VMC	B	0.17%	0.06%	0.06%
VRSK	A	0.04%	0.06%	0.04%
VRSN	C	0.27%	0.02%	0.02%
VRTX	D	0.23%	0.2%	0.2%
VST	A	0.41%	0.07%	0.07%
VTR	B	0.11%	0.04%	0.04%
VTRS	A	0.24%	0.02%	0.02%
VZ	C	0.33%	0.27%	0.27%
WAB	B	0.13%	0.05%	0.05%
WAT	C	0.15%	0.04%	0.04%
WBA	F	0.64%	0.01%	0.01%
WBD	B	0.19%	0.03%	0.03%
WDC	D	0.17%	0.03%	0.03%
WEC	A	0.07%	0.05%	0.05%
WELL	A	0.11%	0.12%	0.11%
WFC	A	0.13%	0.39%	0.13%
WM	B	0.18%	0.13%	0.13%
WMB	A	0.25%	0.11%	0.11%
WMT	A	0.73%	0.58%	0.58%
WRB	A	0.14%	0.03%	0.03%
WST	C	0.05%	0.04%	0.04%
WTW	B	0.03%	0.05%	0.03%
WY	F	0.17%	0.04%	0.04%
WYNN	C	0.08%	0.01%	0.01%
XEL	A	0.08%	0.06%	0.06%
XOM	B	0.77%	0.84%	0.77%
XYL	D	0.19%	0.05%	0.05%
YUM	D	0.51%	0.06%	0.06%
ZBH	C	0.12%	0.03%	0.03%
ZBRA	B	0.13%	0.03%	0.03%
ZTS	D	0.25%	0.12%	0.12%

SSPY Overweight 2 Positions Relative to HCMT

	Symbol	Grade	Weight
	TEL	B	0.19%
	BBWI	C	0.19%

SSPY Underweight 1 Positions Relative to HCMT

	Symbol	Grade	Weight
	LRCX	F	-0.15%