SSPY vs. SIXL ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

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

$80.03

Average Daily Volume

2,512

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$38.05

Average Daily Volume

3,124

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	SIXL
30 Days	0.06%	0.54%
60 Days	0.50%	2.46%
90 Days	1.86%	3.75%
12 Months	21.12%	21.30%

81 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in SIXL	Overlap
ABBV	F	0.24%	0.35%	0.24%
ABT	A	0.06%	0.4%	0.06%
ACGL	D	0.14%	0.36%	0.14%
AEE	A	0.08%	0.44%	0.08%
AEP	C	0.24%	0.36%	0.24%
AFL	C	0.2%	0.4%	0.2%
AJG	B	0.03%	0.39%	0.03%
ALL	A	0.2%	0.42%	0.2%
AMT	D	0.06%	0.32%	0.06%
ATO	A	0.33%	0.44%	0.33%
BG	D	0.37%	0.35%	0.35%
CAG	F	0.21%	0.33%	0.21%
CAH	B	0.19%	0.43%	0.19%
CB	C	0.14%	0.39%	0.14%
CBOE	C	0.04%	0.37%	0.04%
CHD	A	0.42%	0.4%	0.4%
CI	D	0.19%	0.38%	0.19%
CL	D	0.41%	0.33%	0.33%
CME	A	0.04%	0.4%	0.04%
CMS	C	0.08%	0.39%	0.08%
CNC	F	0.26%	0.33%	0.26%
COP	B	0.07%	0.41%	0.07%
CVX	A	0.76%	0.44%	0.44%
DGX	A	0.16%	0.42%	0.16%
DTE	C	0.25%	0.38%	0.25%
DUK	C	0.07%	0.38%	0.07%
ED	C	0.24%	0.37%	0.24%
ELV	F	0.24%	0.3%	0.24%
EOG	A	0.07%	0.44%	0.07%
ERIE	F	0.2%	0.32%	0.2%
ETR	A	0.25%	0.48%	0.25%
EVRG	A	0.08%	0.42%	0.08%
FE	D	0.24%	0.37%	0.24%
GILD	B	0.25%	0.47%	0.25%
GIS	F	0.21%	0.34%	0.21%
HOLX	D	0.1%	0.38%	0.1%
HRL	D	0.36%	0.37%	0.36%
HSY	F	0.18%	0.36%	0.18%
INCY	C	0.25%	0.52%	0.25%
JNJ	D	0.24%	0.37%	0.24%
JNPR	D	0.2%	0.39%	0.2%
K	B	0.18%	0.4%	0.18%
KDP	D	0.24%	0.36%	0.24%
KHC	F	0.21%	0.35%	0.21%
KMB	C	0.42%	0.35%	0.35%
KO	D	0.25%	0.35%	0.25%
KR	B	0.74%	0.45%	0.45%
LHX	B	0.08%	0.45%	0.08%
LMT	D	0.09%	0.39%	0.09%
MCK	A	0.18%	0.48%	0.18%
MDLZ	F	0.18%	0.35%	0.18%
MKC	D	0.21%	0.36%	0.21%
MMC	D	0.04%	0.39%	0.04%
MO	A	0.35%	0.4%	0.35%
MOH	F	0.25%	0.38%	0.25%
MRK	F	0.24%	0.33%	0.24%
NOC	D	0.09%	0.41%	0.09%
ORLY	B	0.14%	0.43%	0.14%
PEP	F	0.18%	0.36%	0.18%
PG	C	0.42%	0.37%	0.37%
PGR	B	0.19%	0.41%	0.19%
PM	A	0.35%	0.39%	0.35%
PNW	B	0.07%	0.41%	0.07%
PPL	A	0.08%	0.41%	0.08%
RSG	A	0.18%	0.41%	0.18%
RTX	D	0.08%	0.41%	0.08%
SO	C	0.08%	0.39%	0.08%
SRE	A	0.08%	0.44%	0.08%
T	A	0.33%	0.42%	0.33%
TMUS	B	0.33%	0.49%	0.33%
TRV	A	0.14%	0.43%	0.14%
UNH	C	0.26%	0.4%	0.26%
VRSK	B	0.04%	0.42%	0.04%
VZ	C	0.33%	0.39%	0.33%
WEC	A	0.07%	0.41%	0.07%
WM	B	0.18%	0.43%	0.18%
WMT	A	0.73%	0.44%	0.44%
WRB	B	0.14%	0.4%	0.14%
WTW	B	0.03%	0.43%	0.03%
XEL	A	0.08%	0.43%	0.08%
XOM	B	0.77%	0.42%	0.42%

SSPY Overweight 419 Positions Relative to SIXL

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

SSPY Underweight 157 Positions Relative to SIXL

Symbol	Grade	Weight
CXW	B	-0.67%
SFM	A	-0.58%
MASI	B	-0.57%
EXEL	B	-0.56%
CALM	A	-0.53%
CW	B	-0.52%
HQY	A	-0.52%
UNM	A	-0.52%
BWXT	A	-0.52%
DTM	A	-0.52%
LRN	B	-0.51%
UFCS	A	-0.5%
BRBR	A	-0.5%
ATGE	B	-0.5%
X	C	-0.5%
MGEE	A	-0.49%
LOPE	B	-0.49%
FHI	B	-0.49%
ATEN	A	-0.49%
RHI	C	-0.49%
DBX	C	-0.48%
TXRH	B	-0.48%
AVAV	C	-0.48%
CACI	C	-0.48%
DVAX	C	-0.48%
AMSF	B	-0.48%
PRI	A	-0.47%
PRGS	B	-0.47%
SNDR	B	-0.47%
MCY	B	-0.47%
JAZZ	C	-0.47%
HMN	B	-0.47%
LQDT	A	-0.47%
BGC	C	-0.46%
UTHR	C	-0.46%
BJ	B	-0.46%
PRDO	B	-0.46%
AGO	A	-0.46%
PPC	B	-0.46%
HCI	C	-0.46%
FDP	B	-0.46%
MANH	D	-0.45%
RAMP	C	-0.45%
MORN	B	-0.45%
HSTM	A	-0.45%
MGY	A	-0.45%
ATR	B	-0.45%
KBR	F	-0.45%
RLI	A	-0.45%
WDFC	B	-0.44%
FIZZ	B	-0.44%
INGR	B	-0.44%
MSGS	B	-0.44%
CASY	A	-0.44%
SAM	C	-0.44%
SUPN	B	-0.44%
SIGI	B	-0.44%
EHC	B	-0.44%
EIG	B	-0.44%
RBA	A	-0.44%
PINC	B	-0.44%
SMPL	B	-0.44%
RYAN	B	-0.44%
THG	A	-0.44%
VIRT	A	-0.44%
WEN	C	-0.43%
LANC	D	-0.43%
AMBC	C	-0.43%
ALKS	C	-0.43%
OGE	A	-0.43%
PBH	A	-0.43%
WWD	B	-0.43%
MCRI	A	-0.43%
OLLI	D	-0.42%
BOX	B	-0.42%
JJSF	C	-0.42%
NBIX	C	-0.42%
BRC	C	-0.42%
AWR	B	-0.42%
ITGR	B	-0.42%
NWN	A	-0.42%
STRA	C	-0.42%
CPK	A	-0.42%
DT	C	-0.42%
PLMR	A	-0.42%
INVA	C	-0.42%
AFG	A	-0.42%
ORI	A	-0.42%
LTC	B	-0.42%
RGA	B	-0.42%
AM	A	-0.42%
MMSI	A	-0.42%
DLB	F	-0.42%
NEU	D	-0.41%
OHI	C	-0.41%
ARMK	C	-0.41%
SAFT	B	-0.41%
NJR	A	-0.41%
NFG	A	-0.41%
MUSA	A	-0.41%
NYT	D	-0.41%
MSA	D	-0.41%
PECO	A	-0.41%
WTRG	B	-0.4%
ANIP	D	-0.4%
TKO	A	-0.4%
GTY	A	-0.4%
NHC	B	-0.4%
UVV	B	-0.4%
ADC	A	-0.4%
SPNT	A	-0.4%
NWE	C	-0.4%
TR	A	-0.4%
UTL	C	-0.4%
RNR	C	-0.4%
EZPW	A	-0.4%
KNSL	B	-0.4%
ALE	A	-0.4%
NPK	C	-0.4%
CCK	D	-0.4%
EPRT	A	-0.4%
AVA	C	-0.39%
CHE	F	-0.39%
RGR	F	-0.39%
ADUS	D	-0.39%
ENSG	D	-0.39%
PDCO	F	-0.39%
GLPI	C	-0.38%
CHRD	F	-0.38%
FCPT	C	-0.38%
DFIN	D	-0.38%
ELS	B	-0.38%
SJW	F	-0.37%
CWT	C	-0.37%
AMED	F	-0.37%
POST	D	-0.37%
AMH	C	-0.37%
HRB	D	-0.37%
COKE	C	-0.36%
FLO	D	-0.36%
EPC	F	-0.36%
FCN	F	-0.36%
NABL	F	-0.35%
NNN	C	-0.35%
JBSS	F	-0.35%
WPC	C	-0.35%
VRRM	F	-0.35%
CLW	F	-0.34%
WU	F	-0.34%
SPTN	F	-0.33%
COLL	F	-0.33%
CVI	D	-0.32%
BMRN	F	-0.31%
KELYA	F	-0.31%
THS	F	-0.3%
LPG	F	-0.29%
CPRI	F	-0.22%