SSPY vs. SPYG ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index) (SPYG)

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

$82.04

Average Daily Volume

2,303

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

SPYG

SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index)

SPYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Growth Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization growth sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$86.30

Average Daily Volume

2,018,364

Number of Holdings ^*

231

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	SPYG
30 Days	4.23%	3.28%
60 Days	1.79%	4.99%
90 Days	3.72%	6.37%
12 Months	23.81%	37.95%

230 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in SPYG	Overlap
AAPL	C	0.5%	11.97%	0.5%
ABBV	D	0.24%	0.38%	0.24%
ABNB	C	0.12%	0.1%	0.1%
ACGL	D	0.14%	0.13%	0.13%
ACN	C	0.13%	0.42%	0.13%
ADBE	C	0.16%	0.81%	0.16%
ADI	D	0.22%	0.21%	0.21%
ADP	B	0.21%	0.17%	0.17%
ADSK	A	0.17%	0.12%	0.12%
AJG	B	0.03%	0.11%	0.03%
AKAM	D	0.27%	0.02%	0.02%
ALGN	D	0.1%	0.03%	0.03%
ALLE	D	0.08%	0.02%	0.02%
AMAT	F	0.18%	0.53%	0.18%
AMD	F	0.14%	0.78%	0.14%
AME	A	0.13%	0.07%	0.07%
AMP	A	0.08%	0.1%	0.08%
AMT	D	0.06%	0.13%	0.06%
AMZN	C	0.22%	6.82%	0.22%
ANET	C	0.21%	0.34%	0.21%
ANSS	B	0.17%	0.06%	0.06%
AON	A	0.04%	0.14%	0.04%
AOS	F	0.21%	0.02%	0.02%
APA	D	0.07%	0.03%	0.03%
APH	A	0.19%	0.17%	0.17%
AVGO	D	0.23%	2.74%	0.23%
AXON	A	0.09%	0.15%	0.09%
AXP	A	0.04%	0.39%	0.04%
AZO	C	0.14%	0.13%	0.13%
BA	F	0.16%	0.15%	0.15%
BKNG	A	0.11%	0.58%	0.11%
BLDR	D	0.19%	0.07%	0.07%
BR	A	0.11%	0.05%	0.05%
BRO	B	0.04%	0.07%	0.04%
BSX	B	0.06%	0.24%	0.06%
BX	A	0.08%	0.32%	0.08%
CARR	D	0.08%	0.1%	0.08%
CAT	B	0.14%	0.38%	0.14%
CBOE	B	0.04%	0.05%	0.04%
CCL	B	0.09%	0.06%	0.06%
CDNS	B	0.33%	0.29%	0.29%
CDW	F	0.13%	0.03%	0.03%
CE	F	0.07%	0.03%	0.03%
CEG	D	0.38%	0.11%	0.11%
CF	B	0.09%	0.03%	0.03%
CHD	B	0.42%	0.04%	0.04%
CHTR	C	0.47%	0.06%	0.06%
CL	D	0.41%	0.1%	0.1%
CME	A	0.04%	0.1%	0.04%
CMG	B	0.5%	0.28%	0.28%
COP	C	0.07%	0.31%	0.07%
COST	B	0.71%	0.59%	0.59%
CPAY	A	0.04%	0.09%	0.04%
CPRT	A	0.23%	0.17%	0.17%
CRM	B	0.35%	1.11%	0.35%
CRWD	B	0.18%	0.27%	0.18%
CSGP	D	0.04%	0.05%	0.04%
CSX	B	0.08%	0.12%	0.08%
CTAS	B	0.18%	0.14%	0.14%
CTRA	B	0.17%	0.04%	0.04%
CZR	F	0.07%	0.02%	0.02%
DAL	C	0.28%	0.08%	0.08%
DAY	B	0.22%	0.02%	0.02%
DE	A	0.13%	0.2%	0.13%
DECK	A	0.3%	0.09%	0.09%
DELL	C	0.17%	0.07%	0.07%
DFS	B	0.69%	0.08%	0.08%
DHI	D	0.24%	0.17%	0.17%
DLR	B	0.26%	0.08%	0.08%
DPZ	C	0.52%	0.02%	0.02%
DRI	B	0.51%	0.04%	0.04%
DVA	B	0.11%	0.01%	0.01%
DXCM	D	0.1%	0.06%	0.06%
EA	A	0.49%	0.06%	0.06%
ECL	D	0.05%	0.11%	0.05%
EFX	F	0.04%	0.04%	0.04%
ENPH	F	0.26%	0.01%	0.01%
EOG	A	0.07%	0.18%	0.07%
EPAM	C	0.13%	0.02%	0.02%
EQIX	A	0.27%	0.14%	0.14%
ERIE	D	0.2%	0.02%	0.02%
ETN	A	0.26%	0.31%	0.26%
EW	C	0.06%	0.05%	0.05%
EXPD	D	0.09%	0.02%	0.02%
EXPE	B	0.12%	0.08%	0.08%
FANG	D	0.07%	0.11%	0.07%
FAST	B	0.13%	0.08%	0.08%
FCX	D	0.3%	0.11%	0.11%
FDS	B	0.04%	0.03%	0.03%
FI	A	0.06%	0.22%	0.06%
FICO	B	0.05%	0.2%	0.05%
FTNT	C	0.17%	0.21%	0.17%
FTV	C	0.03%	0.09%	0.03%
GDDY	A	0.27%	0.09%	0.09%
GE	D	0.17%	0.29%	0.17%
GEV	B	0.18%	0.13%	0.13%
GNRC	B	0.08%	0.02%	0.02%
GOOG	C	0.23%	2.94%	0.23%
GOOGL	C	0.23%	3.55%	0.23%
GRMN	B	0.33%	0.06%	0.06%
GWW	B	0.12%	0.14%	0.12%
HCA	F	0.33%	0.11%	0.11%
HD	A	0.26%	0.51%	0.26%
HES	B	0.07%	0.14%	0.07%
HLT	A	0.12%	0.21%	0.12%
HST	C	0.11%	0.03%	0.03%
HSY	F	0.18%	0.03%	0.03%
HUBB	B	0.26%	0.04%	0.04%
HWM	A	0.08%	0.09%	0.08%
IDXX	F	0.1%	0.07%	0.07%
INTU	C	0.2%	0.68%	0.2%
IQV	D	0.14%	0.05%	0.05%
IR	B	0.2%	0.11%	0.11%
IRM	D	0.06%	0.06%	0.06%
ISRG	A	0.12%	0.43%	0.12%
IT	C	0.13%	0.14%	0.13%
ITW	B	0.17%	0.12%	0.12%
JBL	B	0.38%	0.03%	0.03%
KKR	A	0.09%	0.35%	0.09%
KLAC	D	0.17%	0.3%	0.17%
KO	D	0.25%	0.33%	0.25%
LEN	D	0.25%	0.08%	0.08%
LIN	D	0.04%	0.39%	0.04%
LLY	F	0.23%	2.14%	0.23%
LULU	C	0.31%	0.13%	0.13%
LVS	C	0.08%	0.04%	0.04%
LW	C	0.22%	0.03%	0.03%
LYV	A	0.09%	0.07%	0.07%
MA	C	0.04%	1.07%	0.04%
MAR	B	0.12%	0.23%	0.12%
MAS	D	0.19%	0.03%	0.03%
MCD	D	0.5%	0.32%	0.32%
MCHP	D	0.14%	0.07%	0.07%
MCO	B	0.04%	0.12%	0.04%
MDLZ	F	0.18%	0.13%	0.13%
META	D	0.47%	4.35%	0.47%
MGM	D	0.07%	0.02%	0.02%
MLM	B	0.17%	0.08%	0.08%
MMC	B	0.04%	0.2%	0.04%
MNST	C	0.25%	0.08%	0.08%
MOH	F	0.25%	0.04%	0.04%
MPC	D	0.49%	0.1%	0.1%
MPWR	F	0.22%	0.1%	0.1%
MRK	F	0.24%	0.34%	0.24%
MRO	B	0.07%	0.03%	0.03%
MSCI	C	0.04%	0.09%	0.04%
MSFT	F	0.32%	10.95%	0.32%
MSI	B	0.49%	0.17%	0.17%
MTD	D	0.15%	0.03%	0.03%
NCLH	B	0.09%	0.04%	0.04%
NFLX	A	0.22%	1.24%	0.22%
NKE	D	0.33%	0.13%	0.13%
NOW	A	0.22%	0.74%	0.22%
NTAP	C	0.17%	0.03%	0.03%
NUE	C	0.26%	0.08%	0.08%
NVDA	C	0.13%	12.46%	0.13%
NVR	D	0.26%	0.09%	0.09%
NXPI	D	0.23%	0.15%	0.15%
ODFL	B	0.08%	0.14%	0.08%
OKE	A	0.24%	0.13%	0.13%
ON	D	0.23%	0.04%	0.04%
ORCL	B	0.34%	1.03%	0.34%
ORLY	B	0.14%	0.18%	0.14%
OTIS	C	0.08%	0.05%	0.05%
PANW	C	0.16%	0.44%	0.16%
PAYC	B	0.22%	0.02%	0.02%
PAYX	C	0.21%	0.06%	0.06%
PCAR	B	0.13%	0.15%	0.13%
PEP	F	0.18%	0.28%	0.18%
PG	A	0.42%	0.53%	0.42%
PGR	A	0.19%	0.26%	0.19%
PH	A	0.08%	0.24%	0.08%
PHM	D	0.25%	0.09%	0.09%
PLTR	B	0.23%	0.41%	0.23%
PM	B	0.35%	0.25%	0.25%
PNR	A	0.19%	0.04%	0.04%
PODD	C	0.1%	0.02%	0.02%
POOL	C	0.13%	0.03%	0.03%
PSA	D	0.11%	0.08%	0.08%
PTC	A	0.17%	0.05%	0.05%
PWR	A	0.4%	0.11%	0.11%
QCOM	F	0.22%	0.33%	0.22%
RCL	A	0.09%	0.19%	0.09%
REGN	F	0.22%	0.17%	0.17%
RL	B	0.32%	0.02%	0.02%
ROK	B	0.03%	0.05%	0.03%
ROL	B	0.18%	0.02%	0.02%
ROP	B	0.03%	0.09%	0.03%
ROST	C	0.72%	0.16%	0.16%
RSG	A	0.18%	0.08%	0.08%
SBAC	D	0.06%	0.03%	0.03%
SBUX	A	0.48%	0.23%	0.23%
SHW	A	0.06%	0.16%	0.06%
SMCI	F	0.15%	0.03%	0.03%
SNA	A	0.25%	0.03%	0.03%
SNPS	B	0.34%	0.29%	0.29%
SPG	B	0.07%	0.07%	0.07%
SPGI	C	0.04%	0.25%	0.04%
STE	F	0.12%	0.04%	0.04%
STLD	B	0.27%	0.04%	0.04%
STX	D	0.17%	0.03%	0.03%
SYK	C	0.12%	0.29%	0.12%
TDG	D	0.08%	0.25%	0.08%
TJX	A	0.72%	0.3%	0.3%
TMO	F	0.14%	0.27%	0.14%
TRGP	B	0.24%	0.14%	0.14%
TSCO	D	0.12%	0.04%	0.04%
TSLA	B	0.28%	2.98%	0.28%
TT	A	0.07%	0.22%	0.07%
TTWO	A	0.49%	0.05%	0.05%
TXN	C	0.23%	0.24%	0.23%
TYL	B	0.22%	0.09%	0.09%
UBER	D	0.11%	0.52%	0.11%
ULTA	F	0.17%	0.04%	0.04%
UNH	C	0.26%	0.72%	0.26%
UNP	C	0.08%	0.22%	0.08%
URI	B	0.14%	0.2%	0.14%
V	A	0.04%	1.17%	0.04%
VMC	B	0.17%	0.08%	0.08%
VRSK	A	0.04%	0.08%	0.04%
VRSN	F	0.27%	0.03%	0.03%
VRTX	F	0.23%	0.28%	0.23%
VST	B	0.41%	0.16%	0.16%
WAT	B	0.15%	0.03%	0.03%
WM	A	0.18%	0.13%	0.13%
WMB	A	0.25%	0.09%	0.09%
WST	C	0.05%	0.08%	0.05%
WYNN	D	0.08%	0.03%	0.03%
YUM	B	0.51%	0.06%	0.06%
ZTS	D	0.25%	0.15%	0.15%

SSPY Overweight 270 Positions Relative to SPYG

Symbol	Grade	Weight
XOM	B	0.77%
CVX	A	0.76%
SYY	B	0.75%
KR	B	0.74%
WMT	A	0.73%
COF	B	0.7%
SYF	B	0.69%
CVS	D	0.69%
WBA	F	0.64%
CMCSA	B	0.52%
PSX	C	0.51%
VLO	C	0.5%
EL	F	0.5%
BRK.A	B	0.5%
L	A	0.49%
MTCH	D	0.47%
KMB	D	0.42%
KVUE	A	0.42%
BWA	D	0.42%
CLX	B	0.41%
APTV	D	0.4%
J	F	0.4%
ADM	D	0.37%
BG	F	0.37%
TSN	B	0.36%
HRL	D	0.36%
SLB	C	0.35%
HPQ	B	0.35%
BKR	B	0.35%
MO	A	0.35%
IPG	D	0.34%
IBM	C	0.34%
OMC	C	0.34%
HAL	C	0.34%
TMUS	B	0.33%
ATO	A	0.33%
TPR	B	0.33%
NI	A	0.33%
VZ	C	0.33%
T	A	0.33%
NRG	B	0.33%
AES	F	0.32%
AWK	D	0.32%
UHS	D	0.32%
EXC	C	0.3%
UAL	A	0.28%
SWK	D	0.27%
CNP	B	0.26%
PEG	A	0.26%
LOW	D	0.26%
HAS	D	0.26%
CNC	D	0.26%
MS	A	0.26%
HUM	C	0.26%
GM	B	0.25%
NEM	D	0.25%
DTE	C	0.25%
F	C	0.25%
GILD	C	0.25%
CTLT	B	0.25%
EIX	B	0.25%
STZ	D	0.25%
LUV	C	0.25%
KMI	A	0.25%
ETR	B	0.25%
TAP	C	0.25%
INCY	C	0.25%
RJF	A	0.25%
BMY	B	0.25%
GS	A	0.25%
SCHW	B	0.25%
MRNA	F	0.24%
AMGN	D	0.24%
JNJ	D	0.24%
AEP	D	0.24%
D	C	0.24%
FE	C	0.24%
VTRS	A	0.24%
ED	D	0.24%
PFE	D	0.24%
KDP	D	0.24%
BIIB	F	0.24%
NEE	D	0.24%
ELV	F	0.24%
EBAY	D	0.22%
FFIV	B	0.21%
KEYS	A	0.21%
DIS	B	0.21%
PFG	D	0.21%
CSCO	B	0.21%
MKC	D	0.21%
KHC	F	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
SJM	D	0.21%
GIS	D	0.21%
MET	A	0.21%
CAG	D	0.21%
ALL	A	0.2%
GL	B	0.2%
AIG	B	0.2%
IEX	B	0.2%
JNPR	F	0.2%
AFL	B	0.2%
PARA	C	0.2%
CPB	D	0.2%
PRU	A	0.2%
AIZ	A	0.2%
HSIC	B	0.2%
FSLR	F	0.2%
MHK	D	0.19%
CI	F	0.19%
XYL	D	0.19%
CAH	B	0.19%
TEL	B	0.19%
HPE	B	0.19%
WBD	C	0.19%
GLW	B	0.19%
BBWI	D	0.19%
EQT	B	0.18%
MCK	B	0.18%
COR	B	0.18%
K	A	0.18%
HON	B	0.17%
TGT	F	0.17%
TER	D	0.17%
MMM	D	0.17%
DG	F	0.17%
DOV	A	0.17%
GEN	B	0.17%
BBY	D	0.17%
WY	D	0.17%
DLTR	F	0.17%
WDC	D	0.17%
INTC	D	0.16%
DVN	F	0.16%
GD	F	0.16%
LH	C	0.16%
TXT	D	0.16%
DGX	A	0.16%
TECH	D	0.15%
A	D	0.15%
GPC	D	0.15%
MU	D	0.15%
WRB	A	0.14%
TRV	B	0.14%
CINF	A	0.14%
CRL	C	0.14%
CB	C	0.14%
HIG	B	0.14%
KMX	B	0.14%
EG	C	0.14%
LKQ	D	0.14%
BALL	D	0.13%
JPM	A	0.13%
AMCR	D	0.13%
WFC	A	0.13%
CTSH	B	0.13%
ZBRA	B	0.13%
C	A	0.13%
WAB	B	0.13%
LDOS	C	0.13%
STT	A	0.12%
ZBH	C	0.12%
BAC	A	0.12%
ARE	D	0.11%
VTR	C	0.11%
WELL	A	0.11%
EXR	D	0.11%
CPT	B	0.11%
DOC	D	0.11%
BXP	D	0.11%
BK	A	0.11%
HOLX	D	0.1%
DHR	F	0.1%
NWSA	B	0.1%
NWS	B	0.1%
ESS	B	0.1%
RVTY	F	0.1%
MAA	B	0.1%
INVH	D	0.1%
GEHC	F	0.1%
AVB	B	0.1%
EQR	B	0.1%
FOX	A	0.1%
UDR	B	0.1%
FOXA	B	0.1%
TROW	B	0.09%
FMC	D	0.09%
LMT	D	0.09%
BEN	C	0.09%
NOC	D	0.09%
UPS	C	0.09%
CHRW	C	0.09%
IVZ	B	0.09%
RMD	C	0.09%
CMS	C	0.08%
PCG	A	0.08%
SO	D	0.08%
SRE	A	0.08%
XEL	A	0.08%
PPL	B	0.08%
EVRG	A	0.08%
LNT	A	0.08%
AEE	A	0.08%
JCI	C	0.08%
CMI	A	0.08%
NSC	B	0.08%
RTX	C	0.08%
HII	D	0.08%
NTRS	A	0.08%
BLK	C	0.08%
LHX	C	0.08%
MOS	F	0.08%
JBHT	C	0.08%
CTVA	C	0.08%
O	D	0.07%
LYB	F	0.07%
SW	A	0.07%
PPG	F	0.07%
OXY	D	0.07%
DOW	F	0.07%
PNW	B	0.07%
FDX	B	0.07%
WEC	A	0.07%
ES	D	0.07%
DUK	C	0.07%
TFC	A	0.06%
CFG	B	0.06%
HBAN	A	0.06%
USB	A	0.06%
FITB	A	0.06%
PNC	B	0.06%
KEY	B	0.06%
RF	A	0.06%
MTB	A	0.06%
ABT	B	0.06%
MDT	D	0.06%
AVY	D	0.06%
PYPL	B	0.06%
IP	B	0.06%
PKG	A	0.06%
REG	B	0.06%
KIM	A	0.06%
PLD	D	0.06%
FRT	B	0.06%
VICI	C	0.06%
CCI	D	0.06%
IFF	D	0.05%
SOLV	C	0.05%
BAX	D	0.05%
APD	A	0.05%
BDX	F	0.05%
TFX	F	0.05%
EMN	D	0.05%
DD	D	0.05%
ALB	C	0.05%
JKHY	D	0.05%
FIS	C	0.05%
CBRE	B	0.04%
GPN	B	0.04%
ICE	C	0.04%
NDAQ	A	0.04%
MKTX	D	0.04%
VLTO	D	0.03%
NDSN	B	0.03%
TDY	B	0.03%
EMR	A	0.03%
TRMB	B	0.03%
WTW	B	0.03%

SSPY Underweight 1 Positions Relative to SPYG

	Symbol	Grade	Weight
	LRCX	F	-0.34%