SSPY vs. JPME ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

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

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$104.70

Average Daily Volume

15,824

Number of Holdings ^*

340

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	JPME
30 Days	3.30%	4.25%
60 Days	5.09%	6.63%
90 Days	6.57%	9.45%
12 Months	21.73%	23.92%

166 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in JPME	Overlap
A	C	0.15%	0.32%	0.15%
ACGL	C	0.16%	0.12%	0.12%
ADM	D	0.37%	0.28%	0.28%
AEE	C	0.09%	0.39%	0.09%
AFL	C	0.25%	0.47%	0.25%
AJG	D	0.04%	0.41%	0.04%
AKAM	D	0.28%	0.14%	0.14%
AME	C	0.12%	0.34%	0.12%
AMP	A	0.09%	0.39%	0.09%
ANSS	D	0.16%	0.33%	0.16%
AOS	D	0.18%	0.31%	0.18%
APA	F	0.06%	0.14%	0.06%
ATO	B	0.38%	0.44%	0.38%
AVB	B	0.12%	0.43%	0.12%
AVY	C	0.06%	0.34%	0.06%
BBWI	F	0.11%	0.03%	0.03%
BBY	C	0.19%	0.34%	0.19%
BG	D	0.36%	0.35%	0.35%
BIIB	F	0.21%	0.06%	0.06%
BKR	C	0.36%	0.15%	0.15%
BLDR	C	0.21%	0.34%	0.21%
BRO	C	0.04%	0.17%	0.04%
BWA	D	0.38%	0.13%	0.13%
CAG	C	0.25%	0.41%	0.25%
CAH	C	0.22%	0.36%	0.22%
CBOE	C	0.05%	0.43%	0.05%
CBRE	A	0.05%	0.47%	0.05%
CDW	D	0.12%	0.32%	0.12%
CE	F	0.06%	0.32%	0.06%
CF	C	0.09%	0.38%	0.09%
CFG	C	0.07%	0.1%	0.07%
CHD	D	0.42%	0.36%	0.36%
CHTR	D	0.59%	0.33%	0.33%
CLX	C	0.53%	0.39%	0.39%
CMI	C	0.08%	0.39%	0.08%
CMS	C	0.09%	0.42%	0.09%
CNC	D	0.27%	0.3%	0.27%
CNP	C	0.22%	0.33%	0.22%
CPB	C	0.25%	0.42%	0.25%
CPT	B	0.12%	0.21%	0.12%
CSGP	D	0.04%	0.34%	0.04%
CTRA	D	0.14%	0.3%	0.14%
CTVA	B	0.09%	0.31%	0.09%
DECK	C	0.26%	0.32%	0.26%
DFS	B	0.73%	0.11%	0.11%
DGX	B	0.18%	0.4%	0.18%
DHI	B	0.33%	0.42%	0.33%
DRI	B	0.52%	0.27%	0.27%
DTE	C	0.28%	0.35%	0.28%
DVA	B	0.12%	0.41%	0.12%
DVN	F	0.15%	0.22%	0.15%
ED	C	0.29%	0.42%	0.29%
EG	C	0.15%	0.34%	0.15%
EIX	C	0.29%	0.44%	0.29%
EMN	B	0.05%	0.37%	0.05%
EQR	B	0.12%	0.32%	0.12%
EQT	D	0.13%	0.28%	0.13%
ESS	B	0.12%	0.34%	0.12%
ETR	B	0.28%	0.43%	0.28%
EVRG	B	0.09%	0.42%	0.09%
EXC	C	0.33%	0.31%	0.31%
EXPD	C	0.08%	0.24%	0.08%
FANG	D	0.07%	0.34%	0.07%
FAST	C	0.13%	0.37%	0.13%
FE	C	0.29%	0.42%	0.29%
FITB	B	0.07%	0.17%	0.07%
FRT	C	0.08%	0.21%	0.08%
GIS	B	0.24%	0.32%	0.24%
GLW	C	0.21%	0.17%	0.17%
GRMN	D	0.38%	0.43%	0.38%
GWW	B	0.14%	0.38%	0.14%
HAL	F	0.29%	0.24%	0.24%
HBAN	B	0.07%	0.34%	0.07%
HES	F	0.06%	0.05%	0.05%
HIG	B	0.17%	0.43%	0.17%
HOLX	B	0.1%	0.37%	0.1%
HPE	D	0.16%	0.22%	0.16%
HPQ	D	0.32%	0.25%	0.25%
HRL	C	0.4%	0.29%	0.29%
HSIC	C	0.21%	0.31%	0.21%
HST	C	0.1%	0.3%	0.1%
HUBB	B	0.25%	0.39%	0.25%
IEX	D	0.19%	0.04%	0.04%
INCY	C	0.25%	0.22%	0.22%
IP	B	0.07%	0.4%	0.07%
IPG	C	0.35%	0.03%	0.03%
IQV	C	0.16%	0.34%	0.16%
IRM	C	0.08%	0.48%	0.08%
IT	B	0.15%	0.38%	0.15%
JBL	D	0.29%	0.26%	0.26%
JNPR	B	0.22%	0.38%	0.22%
K	B	0.26%	0.52%	0.26%
KEY	B	0.07%	0.08%	0.07%
KEYS	C	0.21%	0.16%	0.16%
KIM	C	0.08%	0.37%	0.08%
KR	C	0.77%	0.39%	0.39%
KVUE	C	0.55%	0.36%	0.36%
L	C	0.54%	0.25%	0.25%
LDOS	B	0.14%	0.4%	0.14%
LEN	B	0.29%	0.42%	0.29%
LNT	B	0.09%	0.33%	0.09%
LW	D	0.16%	0.21%	0.16%
LYB	D	0.07%	0.37%	0.07%
MAA	B	0.13%	0.28%	0.13%
MAS	B	0.21%	0.33%	0.21%
MCHP	F	0.11%	0.24%	0.11%
MGM	F	0.06%	0.22%	0.06%
MKC	C	0.26%	0.35%	0.26%
MOH	D	0.28%	0.34%	0.28%
MOS	F	0.08%	0.25%	0.08%
MPWR	C	0.23%	0.41%	0.23%
MRO	C	0.07%	0.29%	0.07%
MTB	B	0.07%	0.25%	0.07%
NDSN	C	0.03%	0.06%	0.03%
NI	B	0.39%	0.45%	0.39%
NRG	C	0.3%	0.29%	0.29%
NTAP	D	0.18%	0.34%	0.18%
NUE	F	0.23%	0.29%	0.23%
NVR	B	0.29%	0.39%	0.29%
ODFL	D	0.09%	0.3%	0.09%
OKE	B	0.29%	0.44%	0.29%
OMC	B	0.37%	0.28%	0.28%
ON	D	0.21%	0.24%	0.21%
PAYC	D	0.25%	0.03%	0.03%
PAYX	C	0.24%	0.26%	0.24%
PCG	C	0.08%	0.4%	0.08%
PEG	B	0.28%	0.43%	0.28%
PFG	B	0.21%	0.05%	0.05%
PHM	B	0.29%	0.44%	0.29%
PKG	B	0.07%	0.38%	0.07%
PNW	C	0.09%	0.42%	0.09%
POOL	C	0.13%	0.13%	0.13%
PPL	C	0.09%	0.43%	0.09%
PWR	B	0.34%	0.36%	0.34%
QRVO	F	0.21%	0.2%	0.2%
REG	C	0.08%	0.4%	0.08%
RF	B	0.07%	0.14%	0.07%
RMD	C	0.12%	0.34%	0.12%
ROST	C	0.77%	0.36%	0.36%
SJM	C	0.23%	0.36%	0.23%
SNA	C	0.26%	0.35%	0.26%
SPG	B	0.07%	0.41%	0.07%
STE	C	0.14%	0.38%	0.14%
STLD	F	0.23%	0.33%	0.23%
SWKS	D	0.21%	0.28%	0.21%
SYF	C	0.77%	0.33%	0.33%
SYY	D	0.83%	0.31%	0.31%
TAP	D	0.28%	0.35%	0.28%
TECH	C	0.14%	0.06%	0.06%
TER	D	0.14%	0.33%	0.14%
TFX	C	0.06%	0.12%	0.06%
TPR	C	0.3%	0.33%	0.3%
TRGP	B	0.3%	0.46%	0.3%
TSCO	C	0.12%	0.37%	0.12%
TSN	C	0.46%	0.32%	0.32%
TXT	D	0.17%	0.14%	0.14%
TYL	C	0.41%	0.4%	0.4%
UHS	B	0.4%	0.46%	0.4%
VICI	C	0.08%	0.39%	0.08%
VST	C	0.26%	0.34%	0.26%
VTRS	D	0.27%	0.35%	0.27%
WEC	C	0.09%	0.38%	0.09%
WMB	B	0.27%	0.41%	0.27%
WST	D	0.05%	0.26%	0.05%
WY	C	0.17%	0.34%	0.17%
XEL	B	0.09%	0.37%	0.09%

SSPY Overweight 330 Positions Relative to JPME

Symbol	Grade	Weight
WMT	C	0.86%
TJX	B	0.81%
XOM	C	0.79%
COST	B	0.78%
COF	B	0.71%
CVX	D	0.69%
CVS	D	0.62%
SBUX	C	0.58%
MSI	B	0.58%
BRK.A	C	0.57%
MCD	B	0.57%
EA	D	0.53%
CMCSA	D	0.53%
AAPL	C	0.52%
MTCH	C	0.51%
YUM	D	0.49%
TTWO	C	0.49%
MPC	F	0.48%
CL	D	0.48%
PSX	F	0.47%
PM	C	0.47%
MO	C	0.46%
VLO	F	0.45%
KMB	D	0.45%
PG	C	0.45%
META	B	0.44%
CMG	C	0.42%
IBM	B	0.4%
DPZ	F	0.4%
T	C	0.4%
J	C	0.39%
NOW	B	0.39%
AWK	B	0.38%
HCA	B	0.38%
WBA	F	0.38%
APTV	D	0.37%
TMUS	C	0.37%
VZ	B	0.36%
CRM	D	0.35%
ORCL	C	0.34%
EL	F	0.33%
UNH	C	0.32%
PGR	B	0.31%
NEM	B	0.31%
SLB	F	0.31%
ALL	B	0.3%
GILD	B	0.3%
TSLA	C	0.3%
MSFT	C	0.3%
KO	C	0.29%
JNJ	C	0.29%
SWK	B	0.29%
EQIX	C	0.29%
RL	C	0.29%
ABBV	C	0.29%
AIZ	B	0.29%
BMY	C	0.29%
AEP	C	0.29%
GDDY	C	0.29%
NEE	C	0.28%
ZTS	C	0.28%
D	C	0.28%
PFE	C	0.27%
CDNS	D	0.27%
VRSN	D	0.27%
KMI	B	0.27%
CTLT	B	0.27%
ELV	C	0.27%
REGN	C	0.27%
LOW	B	0.27%
KDP	B	0.27%
AMGN	B	0.27%
HAS	B	0.27%
GS	C	0.27%
MS	D	0.26%
HUM	F	0.26%
LLY	C	0.26%
SNPS	D	0.26%
HD	B	0.26%
MNST	D	0.26%
DLR	B	0.26%
GL	C	0.26%
VRTX	D	0.25%
STZ	D	0.25%
AIG	D	0.25%
MHK	C	0.25%
DAY	D	0.25%
AES	C	0.25%
RJF	C	0.25%
GM	C	0.25%
ADP	B	0.25%
NKE	D	0.25%
FFIV	B	0.24%
KHC	C	0.24%
CEG	C	0.24%
LULU	D	0.24%
ETN	C	0.23%
F	F	0.23%
TXN	C	0.23%
INTU	C	0.23%
CTAS	B	0.22%
MET	B	0.22%
NFLX	B	0.22%
MRK	D	0.22%
FTNT	C	0.21%
CPRT	D	0.21%
ENPH	D	0.21%
PNR	B	0.21%
FCX	D	0.21%
ADI	C	0.21%
MMM	B	0.21%
CI	C	0.21%
CSCO	C	0.21%
SCHW	D	0.21%
MDLZ	B	0.21%
LUV	C	0.2%
GEV	B	0.2%
ANET	B	0.2%
WBD	D	0.2%
PARA	F	0.2%
PRU	C	0.2%
HSY	C	0.2%
PEP	C	0.2%
RSG	D	0.2%
AAL	D	0.19%
GOOG	D	0.19%
GOOGL	D	0.19%
ADSK	C	0.19%
NXPI	F	0.19%
ROL	C	0.19%
WM	D	0.19%
STX	C	0.19%
XYL	C	0.18%
GE	B	0.18%
DIS	D	0.18%
TGT	C	0.18%
IR	C	0.18%
PANW	D	0.18%
ADBE	F	0.18%
TEL	D	0.18%
UAL	C	0.18%
AVGO	C	0.18%
QCOM	D	0.17%
TRV	C	0.17%
APH	D	0.17%
DOV	B	0.17%
DAL	C	0.17%
EBAY	B	0.17%
ORLY	C	0.17%
GD	B	0.17%
MCK	F	0.17%
KMX	D	0.17%
ITW	C	0.17%
CINF	B	0.17%
TMO	B	0.16%
CTSH	C	0.16%
WDC	D	0.16%
ACN	C	0.16%
WAT	C	0.16%
PTC	D	0.16%
HON	D	0.16%
CB	B	0.16%
WRB	C	0.16%
ULTA	D	0.16%
MLM	D	0.15%
LKQ	F	0.15%
GPC	D	0.15%
VMC	D	0.15%
BA	F	0.15%
AZO	D	0.15%
EPAM	F	0.15%
PSA	B	0.14%
WELL	C	0.14%
MRNA	F	0.14%
URI	B	0.14%
JPM	D	0.14%
AMCR	B	0.14%
KLAC	D	0.14%
AMZN	C	0.14%
FSLR	C	0.14%
VTR	C	0.14%
ISRG	B	0.14%
C	C	0.13%
BAC	D	0.13%
WAB	B	0.13%
CRL	F	0.13%
CAT	B	0.13%
DE	B	0.13%
SYK	C	0.13%
BK	B	0.13%
STT	A	0.13%
ETSY	F	0.13%
MTD	D	0.13%
BXP	B	0.13%
ZBRA	B	0.13%
AMD	D	0.12%
EXPE	C	0.12%
BR	D	0.12%
WFC	D	0.12%
FOX	B	0.12%
FOXA	B	0.12%
LRCX	F	0.12%
BALL	C	0.12%
BKNG	C	0.12%
ZBH	F	0.12%
UDR	C	0.12%
AMAT	D	0.12%
EXR	B	0.12%
DOC	C	0.12%
DLTR	F	0.11%
MAR	C	0.11%
CRWD	D	0.11%
DG	F	0.11%
NVDA	D	0.11%
PODD	B	0.11%
UBER	C	0.11%
PCAR	D	0.11%
INVH	C	0.11%
ARE	C	0.11%
HLT	B	0.11%
BIO	C	0.1%
BX	B	0.1%
SMCI	F	0.1%
RTX	C	0.1%
NWSA	D	0.1%
NSC	C	0.1%
NWS	D	0.1%
CHRW	B	0.1%
NOC	B	0.1%
AXON	B	0.1%
LMT	C	0.1%
ALLE	B	0.09%
ALGN	D	0.09%
LHX	C	0.09%
CCL	C	0.09%
DUK	C	0.09%
CSX	D	0.09%
SO	B	0.09%
ABNB	D	0.09%
NCLH	C	0.09%
PH	B	0.09%
ES	C	0.09%
LYV	B	0.09%
DHR	B	0.09%
NTRS	A	0.09%
HWM	B	0.09%
RCL	B	0.09%
KKR	B	0.09%
JBHT	D	0.09%
IVZ	B	0.09%
BLK	B	0.09%
HII	D	0.09%
FMC	C	0.09%
GEHC	C	0.09%
UNP	C	0.09%
FDX	C	0.09%
PLD	C	0.08%
O	C	0.08%
CCI	C	0.08%
UPS	D	0.08%
GNRC	D	0.08%
TT	B	0.08%
SBAC	C	0.08%
AMT	C	0.08%
MU	F	0.08%
IDXX	C	0.08%
CARR	B	0.08%
SHW	B	0.08%
INTC	F	0.08%
SRE	C	0.08%
PPG	D	0.07%
PNC	B	0.07%
CZR	C	0.07%
TFC	C	0.07%
BSX	B	0.07%
COP	D	0.07%
ABT	C	0.07%
MDT	C	0.07%
OTIS	C	0.07%
TDG	B	0.07%
EOG	D	0.07%
JCI	B	0.07%
BEN	F	0.07%
TROW	D	0.07%
FICO	B	0.06%
SW	B	0.06%
WYNN	D	0.06%
BAX	C	0.06%
MKTX	C	0.06%
FIS	B	0.06%
JKHY	B	0.06%
DXCM	F	0.06%
SOLV	C	0.06%
LVS	D	0.06%
DOW	D	0.06%
OXY	F	0.06%
PYPL	B	0.06%
USB	B	0.06%
V	C	0.05%
MSCI	C	0.05%
EW	F	0.05%
DD	B	0.05%
MCO	B	0.05%
ECL	B	0.05%
APD	B	0.05%
SPGI	B	0.05%
AXP	B	0.05%
BDX	D	0.05%
MA	B	0.05%
CME	C	0.05%
EFX	B	0.05%
IFF	B	0.05%
LIN	B	0.05%
GPN	D	0.05%
ICE	C	0.05%
CPAY	B	0.05%
NDAQ	A	0.05%
TDY	B	0.04%
ALB	D	0.04%
MMC	C	0.04%
WTW	C	0.04%
FDS	C	0.04%
VRSK	D	0.04%
AON	B	0.04%
EMR	D	0.03%
FTV	C	0.03%
TRMB	C	0.03%
ROP	C	0.03%
ROK	D	0.03%
VLTO	C	0.03%

SSPY Underweight 174 Positions Relative to JPME

Symbol	Grade	Weight
FYBR	C	-0.54%
JEF	B	-0.48%
OHI	B	-0.47%
APP	C	-0.46%
BRX	B	-0.45%
MTG	B	-0.45%
INGR	B	-0.44%
UTHR	C	-0.44%
TOL	B	-0.44%
ALSN	B	-0.44%
CUBE	B	-0.43%
POST	C	-0.43%
ORI	B	-0.43%
THC	A	-0.43%
UNM	B	-0.42%
CACI	B	-0.42%
FCNCA	D	-0.42%
USFD	B	-0.42%
CLH	A	-0.41%
EHC	C	-0.41%
LAMR	B	-0.41%
OGE	C	-0.4%
JLL	B	-0.39%
NFG	B	-0.39%
EPR	B	-0.39%
RGA	C	-0.39%
GLPI	C	-0.39%
CASY	D	-0.38%
HRB	C	-0.38%
RPM	B	-0.38%
TXRH	C	-0.37%
MANH	B	-0.37%
TKR	D	-0.37%
SPB	C	-0.37%
AM	C	-0.37%
ESI	D	-0.36%
NXST	D	-0.36%
CRUS	D	-0.36%
DKS	D	-0.36%
ROKU	C	-0.36%
SSNC	B	-0.36%
AN	D	-0.35%
OMF	D	-0.35%
CHE	C	-0.35%
PFGC	B	-0.35%
WSM	D	-0.34%
GGG	C	-0.34%
PPC	D	-0.34%
WLK	D	-0.34%
RS	D	-0.34%
ACHC	C	-0.34%
OC	D	-0.34%
EXEL	C	-0.34%
CIEN	C	-0.33%
SAIC	C	-0.33%
VVV	D	-0.33%
NEU	D	-0.32%
DOX	C	-0.32%
HIW	B	-0.32%
PAG	D	-0.32%
STAG	C	-0.32%
AMH	C	-0.31%
BPOP	C	-0.31%
MSM	D	-0.31%
XP	D	-0.31%
LNG	C	-0.31%
LSTR	D	-0.31%
PK	D	-0.31%
SRCL	A	-0.3%
ACI	F	-0.3%
GNTX	F	-0.3%
OLN	D	-0.29%
FLO	C	-0.29%
EME	B	-0.29%
QGEN	C	-0.29%
UGI	C	-0.29%
VEEV	C	-0.29%
CNM	F	-0.28%
CSL	B	-0.28%
Z	B	-0.28%
DINO	F	-0.28%
NNN	C	-0.28%
SWN	D	-0.27%
KRC	B	-0.27%
FR	B	-0.27%
CROX	D	-0.27%
RBC	C	-0.27%
EGP	B	-0.27%
FRPT	B	-0.27%
AR	F	-0.27%
X	F	-0.27%
WPC	C	-0.27%
CHK	D	-0.26%
HUN	D	-0.26%
RRC	D	-0.26%
SAM	F	-0.26%
RPRX	C	-0.25%
ASH	D	-0.25%
LITE	B	-0.25%
BRKR	D	-0.25%
LECO	F	-0.25%
IRDM	D	-0.25%
NBIX	F	-0.25%
TPL	B	-0.25%
DTM	B	-0.25%
BYD	C	-0.24%
OVV	F	-0.24%
MEDP	F	-0.24%
IDA	C	-0.24%
SNX	D	-0.24%
COKE	C	-0.24%
JAZZ	D	-0.23%
LBRDK	F	-0.23%
REXR	C	-0.23%
STWD	B	-0.23%
AGO	C	-0.22%
BRBR	C	-0.22%
R	A	-0.22%
CLF	F	-0.22%
DLB	D	-0.21%
PRI	B	-0.2%
REYN	C	-0.2%
CELH	F	-0.2%
AFG	B	-0.19%
FNF	B	-0.18%
CWEN	C	-0.17%
ELAN	D	-0.17%
EXP	B	-0.17%
SON	C	-0.16%
NVT	D	-0.16%
RYN	C	-0.16%
BAH	C	-0.15%
ITT	B	-0.15%
RGLD	C	-0.15%
SCI	B	-0.15%
CUZ	B	-0.15%
GO	F	-0.15%
M	F	-0.14%
LPX	B	-0.14%
AXS	B	-0.14%
SLM	D	-0.14%
THO	D	-0.13%
PINC	C	-0.13%
AVT	C	-0.13%
WEN	C	-0.13%
XRAY	D	-0.13%
UI	B	-0.12%
WTM	D	-0.12%
CNXC	F	-0.11%
ALLY	F	-0.11%
SLGN	B	-0.1%
CACC	F	-0.1%
SMG	C	-0.07%
CC	F	-0.07%
AYI	B	-0.07%
ZION	D	-0.07%
TNL	D	-0.06%
FNB	C	-0.06%
RHI	D	-0.06%
PB	B	-0.06%
CMA	B	-0.06%
CR	C	-0.05%
VIRT	C	-0.05%
CRI	D	-0.05%
HXL	F	-0.05%
LEG	D	-0.04%
NVST	D	-0.04%
WU	F	-0.04%
ADTN	D	-0.03%
FTRE	D	-0.03%
HOG	C	-0.02%
KSS	F	-0.01%
ATR	B	-0.01%
CNA	C	-0.0%