SSPY vs. JMOM ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to JPMorgan U.S. Momentum Factor ETF (JMOM)

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

$80.43

Average Daily Volume

2,704

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

JMOM

JPMorgan U.S. Momentum Factor ETF

JMOM Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the JP Morgan US Momentum Factor Index. The fund will invest at least 80% of its assets in securities included in the underlying index. Assets means net assets, plus the amount of borrowing for investment purposes. The underlying index is comprised of U.S. equity securities selected to represent positive momentum factor characteristics.

Grade (RS Rating)

Last Trade

$56.64

Average Daily Volume

55,347

Number of Holdings ^*

274

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	JMOM
30 Days	3.30%	3.06%
60 Days	5.09%	5.65%
90 Days	6.57%	5.92%
12 Months	21.73%	36.10%

161 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in JMOM	Overlap
AAPL	C	0.5%	1.8%	0.5%
ABBV	C	0.28%	1.43%	0.28%
ACGL	C	0.16%	0.37%	0.16%
ADBE	F	0.16%	1.0%	0.16%
ADI	C	0.21%	0.45%	0.21%
AFL	C	0.25%	0.41%	0.25%
AJG	D	0.04%	0.43%	0.04%
AKAM	D	0.29%	0.23%	0.23%
AMAT	D	0.13%	0.68%	0.13%
AMD	D	0.12%	0.84%	0.12%
AMP	A	0.09%	0.36%	0.09%
AMZN	C	0.14%	0.61%	0.14%
ANET	B	0.21%	0.5%	0.21%
APH	D	0.17%	0.43%	0.17%
AVGO	C	0.21%	1.69%	0.21%
AXON	B	0.11%	0.31%	0.11%
AXP	B	0.05%	0.43%	0.05%
AZO	D	0.15%	0.4%	0.15%
BG	D	0.35%	0.01%	0.01%
BKNG	C	0.12%	0.62%	0.12%
BLDR	C	0.23%	0.27%	0.23%
BR	D	0.12%	0.27%	0.12%
BRK.A	C	0.54%	2.23%	0.54%
BRO	C	0.04%	0.32%	0.04%
BSX	B	0.07%	0.65%	0.07%
CAH	C	0.22%	0.3%	0.22%
CAT	B	0.13%	0.79%	0.13%
CB	B	0.16%	0.65%	0.16%
CBOE	C	0.05%	0.32%	0.05%
CBRE	A	0.05%	0.39%	0.05%
CDNS	D	0.28%	0.39%	0.28%
CDW	D	0.12%	0.28%	0.12%
CEG	C	0.27%	0.25%	0.25%
CHD	D	0.41%	0.28%	0.28%
CL	D	0.47%	0.18%	0.18%
CMG	C	0.44%	0.43%	0.43%
CNP	C	0.22%	0.2%	0.2%
COP	D	0.07%	0.61%	0.07%
COST	B	0.77%	1.63%	0.77%
CPRT	D	0.2%	0.32%	0.2%
CRM	D	0.36%	1.04%	0.36%
CRWD	D	0.11%	0.32%	0.11%
CSCO	C	0.22%	0.0%	0.0%
CTAS	B	0.22%	0.49%	0.22%
DECK	C	0.27%	0.25%	0.25%
DHI	B	0.33%	0.22%	0.22%
DHR	B	0.09%	0.83%	0.09%
DLR	B	0.28%	0.39%	0.28%
DXCM	F	0.06%	0.05%	0.05%
ECL	B	0.05%	0.12%	0.05%
ED	C	0.28%	0.27%	0.27%
EQIX	C	0.3%	0.22%	0.22%
ETN	C	0.23%	0.59%	0.23%
FANG	D	0.07%	0.29%	0.07%
FDX	C	0.1%	0.08%	0.08%
FE	C	0.28%	0.13%	0.13%
FFIV	B	0.25%	0.16%	0.16%
FICO	B	0.06%	0.41%	0.06%
GD	B	0.17%	0.49%	0.17%
GDDY	C	0.28%	0.29%	0.28%
GE	B	0.19%	0.86%	0.19%
GEV	B	0.22%	0.28%	0.22%
GLW	C	0.21%	0.21%	0.21%
GOOGL	D	0.19%	1.66%	0.19%
GWW	B	0.14%	0.36%	0.14%
HCA	B	0.39%	0.26%	0.26%
HD	B	0.27%	1.45%	0.27%
HII	D	0.09%	0.11%	0.09%
HLT	B	0.11%	0.38%	0.11%
HPE	D	0.16%	0.14%	0.14%
HPQ	D	0.31%	0.2%	0.2%
HUBB	B	0.27%	0.27%	0.27%
HWM	B	0.09%	0.37%	0.09%
IBM	B	0.42%	0.92%	0.42%
ICE	C	0.05%	0.35%	0.05%
INTU	C	0.24%	0.81%	0.24%
INVH	C	0.11%	0.18%	0.11%
IQV	C	0.16%	0.32%	0.16%
IRM	C	0.09%	0.38%	0.09%
ISRG	B	0.14%	0.83%	0.14%
IT	B	0.15%	0.33%	0.15%
JBL	D	0.29%	0.18%	0.18%
JNPR	B	0.21%	0.24%	0.21%
KKR	B	0.09%	0.5%	0.09%
KLAC	D	0.14%	0.52%	0.14%
KO	C	0.28%	0.22%	0.22%
KR	C	0.82%	0.26%	0.26%
LDOS	B	0.14%	0.24%	0.14%
LIN	B	0.05%	0.19%	0.05%
LLY	C	0.26%	2.02%	0.26%
LOW	B	0.28%	0.36%	0.28%
LRCX	F	0.12%	0.46%	0.12%
MCHP	F	0.11%	0.21%	0.11%
MCK	F	0.17%	0.41%	0.17%
MDLZ	B	0.21%	0.59%	0.21%
META	B	0.46%	1.98%	0.46%
MMC	C	0.04%	0.62%	0.04%
MOH	D	0.3%	0.25%	0.25%
MPC	F	0.46%	0.4%	0.4%
MPWR	C	0.24%	0.34%	0.24%
MRK	D	0.22%	0.24%	0.22%
MSFT	C	0.32%	1.85%	0.32%
MSI	B	0.58%	0.49%	0.49%
MU	F	0.08%	0.47%	0.08%
NFLX	B	0.22%	0.76%	0.22%
NI	B	0.4%	0.23%	0.23%
NOW	B	0.4%	0.8%	0.4%
NTAP	D	0.18%	0.26%	0.18%
NUE	F	0.22%	0.27%	0.22%
NVDA	D	0.11%	1.62%	0.11%
ORCL	C	0.4%	0.92%	0.4%
ORLY	C	0.17%	0.42%	0.17%
PANW	D	0.18%	0.57%	0.18%
PCAR	D	0.11%	0.35%	0.11%
PEP	C	0.2%	0.15%	0.15%
PG	C	0.44%	0.25%	0.25%
PGR	B	0.31%	0.76%	0.31%
PH	B	0.09%	0.49%	0.09%
PHM	B	0.3%	0.33%	0.3%
PNR	B	0.22%	0.06%	0.06%
PSX	F	0.45%	0.38%	0.38%
PTC	D	0.16%	0.25%	0.16%
PWR	B	0.36%	0.31%	0.31%
QCOM	D	0.17%	0.8%	0.17%
RCL	B	0.09%	0.35%	0.09%
ROL	C	0.19%	0.17%	0.17%
ROP	C	0.03%	0.41%	0.03%
RSG	D	0.2%	0.36%	0.2%
SMCI	F	0.1%	0.17%	0.1%
SNPS	D	0.27%	0.4%	0.27%
SO	B	0.09%	0.23%	0.09%
SPG	B	0.07%	0.41%	0.07%
SRE	C	0.08%	0.08%	0.08%
STLD	F	0.22%	0.21%	0.21%
STZ	D	0.24%	0.18%	0.18%
SYK	C	0.13%	0.68%	0.13%
T	C	0.41%	0.18%	0.18%
TDG	B	0.07%	0.46%	0.07%
TER	D	0.14%	0.15%	0.14%
TJX	B	0.81%	0.69%	0.69%
TMO	B	0.15%	1.07%	0.15%
TMUS	C	0.38%	0.56%	0.38%
TPR	C	0.3%	0.18%	0.18%
TRGP	B	0.31%	0.35%	0.31%
TSCO	C	0.12%	0.17%	0.12%
TXN	C	0.22%	0.27%	0.22%
TXT	D	0.17%	0.2%	0.17%
TYL	C	0.4%	0.21%	0.21%
UBER	C	0.11%	0.63%	0.11%
UNH	C	0.31%	1.59%	0.31%
URI	B	0.14%	0.37%	0.14%
VLO	F	0.43%	0.27%	0.27%
VLTO	C	0.03%	0.11%	0.03%
VRSK	D	0.04%	0.11%	0.04%
VRTX	D	0.25%	0.63%	0.25%
VST	C	0.3%	0.27%	0.27%
WDC	D	0.16%	0.23%	0.16%
WELL	C	0.13%	0.52%	0.13%
WM	D	0.19%	0.5%	0.19%
WMB	B	0.27%	0.41%	0.27%
WY	C	0.18%	0.23%	0.18%

SSPY Overweight 335 Positions Relative to JMOM

Symbol	Grade	Weight
WMT	C	0.88%
SYY	D	0.8%
ROST	C	0.77%
XOM	C	0.76%
SYF	C	0.74%
DFS	B	0.71%
CVX	D	0.68%
COF	B	0.68%
CVS	D	0.63%
CHTR	D	0.61%
SBUX	C	0.59%
MCD	B	0.57%
KVUE	C	0.54%
CLX	C	0.52%
L	C	0.52%
EA	D	0.52%
DRI	B	0.52%
CMCSA	D	0.51%
YUM	D	0.48%
MTCH	C	0.48%
TTWO	C	0.47%
PM	C	0.45%
MO	C	0.43%
KMB	D	0.43%
TSN	C	0.42%
UHS	B	0.41%
ATO	B	0.39%
HRL	C	0.39%
WBA	F	0.38%
J	C	0.38%
DPZ	F	0.38%
VZ	B	0.37%
ADM	D	0.37%
OMC	B	0.37%
AWK	B	0.37%
BKR	C	0.36%
APTV	D	0.36%
BWA	D	0.36%
GRMN	D	0.35%
IPG	C	0.34%
EXC	C	0.33%
NEM	B	0.32%
SLB	F	0.31%
TSLA	C	0.31%
GILD	B	0.31%
EL	F	0.31%
BMY	C	0.3%
NVR	B	0.3%
ALL	B	0.3%
RL	C	0.3%
SWK	B	0.3%
NRG	C	0.3%
AES	C	0.29%
EIX	C	0.29%
CNC	D	0.29%
AEP	C	0.29%
OKE	B	0.29%
ETR	B	0.29%
LEN	B	0.29%
AMGN	B	0.28%
HAS	B	0.28%
ZTS	C	0.28%
JNJ	C	0.28%
HAL	F	0.28%
NEE	C	0.28%
VTRS	D	0.28%
D	C	0.28%
AIZ	B	0.28%
PEG	B	0.28%
GL	C	0.27%
PFE	C	0.27%
GS	C	0.27%
KMI	B	0.27%
KDP	B	0.27%
REGN	C	0.27%
ELV	C	0.27%
TAP	D	0.27%
DTE	C	0.27%
MS	D	0.26%
DAY	D	0.26%
K	B	0.26%
PAYC	D	0.26%
MNST	D	0.26%
SNA	C	0.26%
INCY	C	0.26%
MKC	C	0.26%
VRSN	D	0.26%
CTLT	B	0.26%
NKE	D	0.25%
ADP	B	0.25%
RJF	C	0.25%
MHK	C	0.25%
LULU	D	0.25%
GIS	B	0.24%
PAYX	C	0.24%
CAG	C	0.24%
AIG	D	0.24%
GM	C	0.24%
CPB	C	0.24%
SJM	C	0.23%
KHC	C	0.23%
HUM	F	0.23%
WBD	D	0.23%
MMM	B	0.22%
FCX	D	0.22%
ENPH	D	0.22%
MET	B	0.22%
F	F	0.22%
HSIC	C	0.21%
PFG	B	0.21%
BIIB	F	0.21%
SCHW	D	0.21%
ON	D	0.21%
CI	C	0.21%
KEYS	C	0.21%
MAS	B	0.21%
HSY	C	0.2%
PARA	F	0.2%
SWKS	D	0.2%
PRU	C	0.2%
FTNT	C	0.2%
IEX	D	0.19%
UAL	C	0.19%
STX	C	0.19%
ADSK	C	0.19%
QRVO	F	0.19%
GOOG	D	0.19%
ITW	C	0.18%
AAL	D	0.18%
TGT	C	0.18%
XYL	C	0.18%
EBAY	B	0.18%
DIS	D	0.18%
TEL	D	0.18%
AOS	D	0.18%
IR	C	0.18%
DGX	B	0.18%
LUV	C	0.18%
BBY	C	0.18%
NXPI	F	0.18%
KMX	D	0.17%
CINF	B	0.17%
DAL	C	0.17%
DOV	B	0.17%
LW	D	0.16%
WRB	C	0.16%
FSLR	C	0.16%
CTSH	C	0.16%
HON	D	0.16%
ANSS	D	0.16%
ACN	C	0.16%
HIG	B	0.16%
TRV	C	0.16%
ULTA	D	0.16%
GPC	D	0.15%
LKQ	F	0.15%
EG	C	0.15%
A	C	0.15%
MLM	D	0.15%
EPAM	F	0.15%
VMC	D	0.15%
WAT	C	0.15%
FAST	C	0.14%
CRL	F	0.14%
AMCR	B	0.14%
STE	C	0.14%
PSA	B	0.14%
TECH	C	0.14%
ZBRA	B	0.14%
EQT	D	0.14%
CTRA	D	0.14%
VTR	C	0.14%
DVN	F	0.14%
BA	F	0.14%
BXP	B	0.14%
AVB	B	0.13%
UDR	C	0.13%
EQR	B	0.13%
POOL	C	0.13%
DVA	B	0.13%
DE	B	0.13%
MAA	B	0.13%
MTD	D	0.13%
JPM	D	0.13%
WAB	B	0.13%
STT	A	0.13%
BK	B	0.13%
ETSY	F	0.13%
ARE	C	0.12%
FOX	B	0.12%
FOXA	B	0.12%
RMD	C	0.12%
EXPE	C	0.12%
C	C	0.12%
MRNA	F	0.12%
BAC	D	0.12%
AME	C	0.12%
ZBH	F	0.12%
ESS	B	0.12%
DOC	C	0.12%
EXR	B	0.12%
BALL	C	0.12%
CPT	B	0.12%
MAR	C	0.11%
HST	C	0.11%
BBWI	F	0.11%
DLTR	F	0.11%
DG	F	0.11%
WFC	D	0.11%
PODD	B	0.11%
ALGN	D	0.1%
NWS	D	0.1%
NCLH	C	0.1%
CHRW	B	0.1%
NOC	B	0.1%
LMT	C	0.1%
BX	B	0.1%
IDXX	C	0.09%
CSX	D	0.09%
DUK	C	0.09%
LHX	C	0.09%
JBHT	D	0.09%
ABNB	D	0.09%
ES	C	0.09%
PPL	C	0.09%
CARR	B	0.09%
EVRG	B	0.09%
CF	C	0.09%
PNW	C	0.09%
CMS	C	0.09%
NTRS	A	0.09%
CTVA	B	0.09%
INTC	F	0.09%
ALLE	B	0.09%
ODFL	D	0.09%
XEL	B	0.09%
IVZ	B	0.09%
WEC	C	0.09%
AEE	C	0.09%
LNT	B	0.09%
UNP	C	0.09%
BLK	B	0.09%
NSC	C	0.09%
GEHC	C	0.09%
LYV	B	0.09%
RTX	C	0.09%
NWSA	D	0.09%
HOLX	B	0.09%
FMC	C	0.09%
CCL	C	0.09%
BIO	C	0.09%
PLD	C	0.08%
FRT	C	0.08%
MOS	F	0.08%
JCI	B	0.08%
GNRC	D	0.08%
O	C	0.08%
UPS	D	0.08%
VICI	C	0.08%
REG	C	0.08%
CCI	C	0.08%
AMT	C	0.08%
EXPD	C	0.08%
SBAC	C	0.08%
PCG	C	0.08%
CMI	C	0.08%
KIM	C	0.08%
TT	B	0.08%
SHW	B	0.08%
FITB	B	0.07%
LYB	D	0.07%
KEY	B	0.07%
MTB	B	0.07%
IP	B	0.07%
MRO	C	0.07%
MDT	C	0.07%
ABT	C	0.07%
EOG	D	0.07%
CZR	C	0.07%
OTIS	C	0.07%
PKG	B	0.07%
TROW	D	0.07%
BEN	F	0.07%
MKTX	C	0.06%
SW	B	0.06%
TFX	C	0.06%
WYNN	D	0.06%
CE	F	0.06%
BAX	C	0.06%
AVY	C	0.06%
MGM	F	0.06%
OXY	F	0.06%
FIS	B	0.06%
JKHY	B	0.06%
DOW	D	0.06%
LVS	D	0.06%
APA	F	0.06%
HES	F	0.06%
USB	B	0.06%
SOLV	C	0.06%
PYPL	B	0.06%
HBAN	B	0.06%
PNC	B	0.06%
TFC	C	0.06%
CFG	C	0.06%
RF	B	0.06%
PPG	D	0.06%
V	C	0.05%
MSCI	C	0.05%
MCO	B	0.05%
DD	B	0.05%
BDX	D	0.05%
EW	F	0.05%
SPGI	B	0.05%
CME	C	0.05%
EMN	B	0.05%
MA	B	0.05%
APD	B	0.05%
IFF	B	0.05%
GPN	D	0.05%
EFX	B	0.05%
CPAY	B	0.05%
NDAQ	A	0.05%
TDY	B	0.04%
ALB	D	0.04%
WTW	C	0.04%
CSGP	D	0.04%
AON	B	0.04%
WST	D	0.04%
FDS	C	0.04%
EMR	D	0.03%
FTV	C	0.03%
ROK	D	0.03%
TRMB	C	0.03%
NDSN	C	0.03%

SSPY Underweight 113 Positions Relative to JMOM

Symbol	Grade	Weight
PLTR	B	-0.49%
MRVL	C	-0.39%
SPOT	B	-0.38%
DASH	C	-0.38%
APO	C	-0.38%
WDAY	D	-0.37%
TTD	B	-0.36%
NU	B	-0.36%
CVNA	B	-0.3%
ARES	B	-0.3%
APP	C	-0.3%
THC	A	-0.28%
JEF	B	-0.28%
TOL	B	-0.28%
BAH	C	-0.27%
NTNX	C	-0.27%
LII	B	-0.27%
GWRE	A	-0.27%
CACI	B	-0.26%
EME	B	-0.26%
VRT	C	-0.26%
CASY	D	-0.25%
MANH	B	-0.25%
HUBS	D	-0.25%
DELL	D	-0.25%
UNM	B	-0.25%
RGA	C	-0.25%
SAIC	C	-0.25%
USFD	B	-0.24%
FRPT	B	-0.24%
RS	D	-0.24%
POST	C	-0.24%
MSTR	D	-0.24%
FTI	D	-0.23%
WING	B	-0.23%
EXP	B	-0.23%
DKS	D	-0.23%
COIN	F	-0.23%
XPO	D	-0.22%
ALSN	B	-0.22%
OC	D	-0.22%
TPX	C	-0.21%
INGR	B	-0.21%
AM	C	-0.2%
SCCO	D	-0.2%
MEDP	F	-0.19%
AN	D	-0.19%
IBKR	B	-0.19%
BWXT	D	-0.19%
NVT	D	-0.19%
DKNG	C	-0.19%
DTM	B	-0.18%
ZS	F	-0.18%
CW	B	-0.18%
WSO	C	-0.18%
WLK	D	-0.18%
PSTG	F	-0.18%
SAIA	D	-0.17%
GAP	F	-0.17%
H	C	-0.17%
PAG	D	-0.17%
KD	D	-0.17%
R	A	-0.17%
CNM	F	-0.17%
ARMK	B	-0.16%
BLD	D	-0.16%
ONTO	D	-0.16%
PINS	F	-0.15%
DINO	F	-0.15%
BSY	D	-0.15%
AZEK	C	-0.15%
PRI	B	-0.14%
SSNC	B	-0.14%
TW	B	-0.14%
ORI	B	-0.14%
PSN	B	-0.14%
RPM	B	-0.13%
AVT	C	-0.13%
LOPE	D	-0.13%
CELH	F	-0.13%
COHR	C	-0.13%
CRUS	D	-0.13%
HEI	B	-0.13%
SNX	D	-0.13%
ESTC	F	-0.13%
EHC	C	-0.13%
RYAN	D	-0.13%
BRBR	C	-0.12%
HRB	C	-0.12%
SPB	C	-0.12%
EVR	A	-0.11%
MTSI	D	-0.11%
LPX	B	-0.11%
MTG	B	-0.11%
WFRD	F	-0.1%
INFA	D	-0.09%
APPF	D	-0.09%
VVV	D	-0.09%
OLED	C	-0.09%
FYBR	C	-0.09%
STAG	C	-0.08%
WSM	D	-0.08%
CACC	F	-0.08%
AGO	C	-0.06%
FCNCA	D	-0.05%
GNTX	F	-0.04%
VNT	F	-0.04%
SLM	D	-0.03%
VSTS	D	-0.03%
LECO	F	-0.02%
AYI	B	-0.01%
TKR	D	-0.01%
MORN	C	-0.0%