SSPY vs. USCA ETF Comparison

Comparison of Syntax Stratified LargeCap ETF (SSPY) to Xtrackers MSCI USA Climate Action Equity ETF (USCA)

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

$80.93

Average Daily Volume

2,893

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

USCA

Xtrackers MSCI USA Climate Action Equity ETF

USCA Description

The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index, which is comprised of large and mid-capitalization companies in the United States that the underlying index"s methodology assesses as leading their sector peers in taking action relating to a climate transition. The fund will invest at least 80% of its total assets in component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.85

Average Daily Volume

105,632

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	SSPY	USCA
30 Days	1.37%	2.84%
60 Days	2.17%	7.42%
90 Days	4.55%	9.52%
12 Months	23.68%	39.64%

261 Overlapping Holdings

Symbol	Grade	Weight in SSPY	Weight in USCA	Overlap
A	F	0.15%	0.11%	0.11%
AAPL	C	0.5%	5.19%	0.5%
ABBV	D	0.24%	0.95%	0.24%
ABNB	C	0.12%	0.18%	0.12%
ABT	C	0.06%	0.54%	0.06%
ACGL	D	0.14%	0.1%	0.1%
ACN	C	0.13%	0.61%	0.13%
ADBE	C	0.16%	0.6%	0.16%
ADI	F	0.22%	0.31%	0.22%
ADP	A	0.21%	0.34%	0.21%
ADSK	A	0.17%	0.17%	0.17%
AEP	D	0.24%	0.14%	0.14%
AIG	B	0.2%	0.14%	0.14%
AJG	A	0.03%	0.17%	0.03%
AKAM	F	0.27%	0.04%	0.04%
ALB	B	0.05%	0.03%	0.03%
AMD	F	0.14%	0.65%	0.14%
AME	A	0.13%	0.12%	0.12%
AMGN	F	0.24%	0.46%	0.24%
AMT	F	0.06%	0.25%	0.06%
AMZN	A	0.22%	5.07%	0.22%
ANSS	B	0.17%	0.09%	0.09%
AON	A	0.04%	0.2%	0.04%
ARE	F	0.11%	0.05%	0.05%
ATO	A	0.33%	0.06%	0.06%
AVB	A	0.1%	0.09%	0.09%
AVGO	C	0.23%	2.18%	0.23%
AVY	F	0.06%	0.04%	0.04%
AWK	D	0.32%	0.07%	0.07%
AXP	B	0.04%	0.44%	0.04%
BAC	A	0.12%	0.85%	0.12%
BALL	D	0.13%	0.05%	0.05%
BIIB	F	0.24%	0.07%	0.07%
BK	B	0.11%	0.16%	0.11%
BKNG	A	0.11%	0.46%	0.11%
BKR	B	0.35%	0.12%	0.12%
BMY	B	0.25%	0.3%	0.25%
BR	A	0.11%	0.07%	0.07%
BSX	A	0.06%	0.35%	0.06%
BX	A	0.08%	0.34%	0.08%
BXP	D	0.11%	0.03%	0.03%
CAT	C	0.14%	0.54%	0.14%
CB	C	0.14%	0.29%	0.14%
CBOE	D	0.04%	0.06%	0.04%
CBRE	A	0.04%	0.11%	0.04%
CCI	F	0.06%	0.12%	0.06%
CDNS	B	0.33%	0.22%	0.22%
CEG	D	0.38%	0.2%	0.2%
CHD	B	0.42%	0.07%	0.07%
CHTR	B	0.47%	0.1%	0.1%
CL	F	0.41%	0.19%	0.19%
CLX	A	0.41%	0.05%	0.05%
CMCSA	B	0.52%	0.47%	0.47%
CME	A	0.04%	0.21%	0.04%
CMG	B	0.5%	0.22%	0.22%
CMI	A	0.08%	0.13%	0.08%
COP	C	0.07%	0.35%	0.07%
CPB	F	0.2%	0.02%	0.02%
CPRT	A	0.23%	0.13%	0.13%
CRL	C	0.14%	0.03%	0.03%
CRM	B	0.35%	0.81%	0.35%
CRWD	B	0.18%	0.2%	0.18%
CSCO	A	0.21%	0.63%	0.21%
CSX	B	0.08%	0.19%	0.08%
CTAS	A	0.18%	0.21%	0.18%
CTLT	D	0.25%	0.03%	0.03%
CTSH	A	0.13%	0.11%	0.11%
CTVA	C	0.08%	0.11%	0.08%
CVS	F	0.69%	0.19%	0.19%
CVX	B	0.76%	0.74%	0.74%
D	D	0.24%	0.13%	0.13%
DAY	C	0.22%	0.03%	0.03%
DD	D	0.05%	0.1%	0.05%
DE	D	0.13%	0.29%	0.13%
DECK	B	0.3%	0.07%	0.07%
DELL	B	0.17%	0.1%	0.1%
DFS	B	0.69%	0.12%	0.12%
DHR	F	0.1%	0.45%	0.1%
DIS	B	0.21%	0.49%	0.21%
DLR	C	0.26%	0.15%	0.15%
DOC	C	0.11%	0.04%	0.04%
DOV	A	0.17%	0.08%	0.08%
DUK	D	0.07%	0.23%	0.07%
DVA	C	0.11%	0.02%	0.02%
EBAY	C	0.22%	0.09%	0.09%
ECL	C	0.05%	0.17%	0.05%
ED	D	0.24%	0.09%	0.09%
EFX	D	0.04%	0.09%	0.04%
EL	F	0.5%	0.04%	0.04%
EMR	A	0.03%	0.2%	0.03%
EOG	A	0.07%	0.2%	0.07%
EQIX	B	0.27%	0.23%	0.23%
EQR	C	0.1%	0.06%	0.06%
ES	D	0.07%	0.06%	0.06%
ETN	A	0.26%	0.39%	0.26%
EW	D	0.06%	0.11%	0.06%
EXC	C	0.3%	0.1%	0.1%
EXPD	D	0.09%	0.05%	0.05%
F	C	0.25%	0.11%	0.11%
FANG	D	0.07%	0.09%	0.07%
FCX	F	0.3%	0.19%	0.19%
FDS	A	0.04%	0.05%	0.04%
FDX	B	0.07%	0.18%	0.07%
FI	A	0.06%	0.33%	0.06%
FIS	B	0.05%	0.13%	0.05%
FSLR	F	0.2%	0.05%	0.05%
FTNT	B	0.17%	0.15%	0.15%
FTV	D	0.03%	0.07%	0.03%
GEN	A	0.17%	0.04%	0.04%
GILD	C	0.25%	0.33%	0.25%
GIS	F	0.21%	0.1%	0.1%
GM	A	0.25%	0.17%	0.17%
GOOG	B	0.23%	2.07%	0.23%
GOOGL	B	0.23%	2.39%	0.23%
GPN	B	0.04%	0.08%	0.04%
GRMN	A	0.33%	0.09%	0.09%
GS	B	0.25%	0.51%	0.25%
HD	B	0.26%	1.06%	0.26%
HES	C	0.07%	0.11%	0.07%
HIG	C	0.14%	0.1%	0.1%
HLT	A	0.12%	0.17%	0.12%
HPE	B	0.19%	0.07%	0.07%
HSY	D	0.18%	0.07%	0.07%
HUBB	B	0.26%	0.07%	0.07%
HUM	D	0.26%	0.09%	0.09%
IBM	C	0.34%	0.52%	0.34%
ICE	D	0.04%	0.24%	0.04%
IDXX	D	0.1%	0.1%	0.1%
IEX	B	0.2%	0.05%	0.05%
INCY	B	0.25%	0.04%	0.04%
INTC	C	0.16%	0.3%	0.16%
INTU	A	0.2%	0.5%	0.2%
IQV	F	0.14%	0.11%	0.11%
IT	A	0.13%	0.11%	0.11%
ITW	A	0.17%	0.22%	0.17%
JBHT	B	0.08%	0.04%	0.04%
JCI	A	0.08%	0.15%	0.08%
JKHY	C	0.05%	0.03%	0.03%
JNJ	D	0.24%	1.01%	0.24%
JPM	B	0.13%	1.83%	0.13%
K	A	0.18%	0.06%	0.06%
KDP	D	0.24%	0.1%	0.1%
KIM	A	0.06%	0.04%	0.04%
KMB	F	0.42%	0.12%	0.12%
KMI	B	0.25%	0.14%	0.14%
KO	F	0.25%	0.7%	0.25%
LH	A	0.16%	0.05%	0.05%
LIN	D	0.04%	0.6%	0.04%
LLY	F	0.23%	1.73%	0.23%
LNT	C	0.08%	0.04%	0.04%
LULU	C	0.31%	0.1%	0.1%
LVS	C	0.08%	0.05%	0.05%
MA	B	0.04%	1.16%	0.04%
MAR	A	0.12%	0.18%	0.12%
MCD	C	0.5%	0.57%	0.5%
MCK	A	0.18%	0.22%	0.18%
MCO	C	0.04%	0.2%	0.04%
MDLZ	F	0.18%	0.24%	0.18%
META	B	0.47%	3.49%	0.47%
MGM	D	0.07%	0.02%	0.02%
MKC	D	0.21%	0.05%	0.05%
MLM	B	0.17%	0.1%	0.1%
MMC	C	0.04%	0.29%	0.04%
MMM	C	0.17%	0.2%	0.17%
MNST	B	0.25%	0.11%	0.11%
MRK	F	0.24%	0.69%	0.24%
MRO	B	0.07%	0.05%	0.05%
MS	A	0.26%	0.42%	0.26%
MSFT	C	0.32%	4.38%	0.32%
MTCH	F	0.47%	0.02%	0.02%
MTD	F	0.15%	0.08%	0.08%
NDAQ	A	0.04%	0.09%	0.04%
NEE	D	0.24%	0.41%	0.24%
NEM	F	0.25%	0.14%	0.14%
NFLX	A	0.22%	0.92%	0.22%
NKE	F	0.33%	0.25%	0.25%
NOW	A	0.22%	0.55%	0.22%
NSC	B	0.08%	0.16%	0.08%
NTRS	A	0.08%	0.06%	0.06%
NUE	C	0.26%	0.1%	0.1%
NVDA	B	0.13%	6.8%	0.13%
O	D	0.07%	0.13%	0.07%
ODFL	B	0.08%	0.12%	0.08%
OKE	A	0.24%	0.16%	0.16%
ORCL	A	0.34%	0.82%	0.34%
OXY	D	0.07%	0.09%	0.07%
PANW	A	0.16%	0.33%	0.16%
PAYC	B	0.22%	0.03%	0.03%
PAYX	B	0.21%	0.13%	0.13%
PCAR	B	0.13%	0.16%	0.13%
PEG	C	0.26%	0.11%	0.11%
PEP	D	0.18%	0.6%	0.18%
PFE	F	0.24%	0.42%	0.24%
PG	C	0.42%	1.04%	0.42%
PGR	A	0.19%	0.4%	0.19%
PLD	D	0.06%	0.28%	0.06%
PLTR	B	0.23%	0.3%	0.23%
PNR	A	0.19%	0.05%	0.05%
PPG	F	0.07%	0.08%	0.07%
PTC	B	0.17%	0.06%	0.06%
PWR	B	0.4%	0.12%	0.12%
PYPL	A	0.06%	0.22%	0.06%
QCOM	F	0.22%	0.52%	0.22%
REG	A	0.06%	0.03%	0.03%
REGN	F	0.22%	0.24%	0.22%
ROK	B	0.03%	0.09%	0.03%
ROP	A	0.03%	0.16%	0.03%
RSG	A	0.18%	0.12%	0.12%
RVTY	C	0.1%	0.04%	0.04%
SBUX	B	0.48%	0.29%	0.29%
SCHW	A	0.25%	0.3%	0.25%
SHW	A	0.06%	0.26%	0.06%
SLB	C	0.35%	0.17%	0.17%
SNPS	B	0.34%	0.24%	0.24%
SO	D	0.08%	0.26%	0.08%
SPG	B	0.07%	0.16%	0.07%
SPGI	C	0.04%	0.43%	0.04%
SRE	A	0.08%	0.15%	0.08%
STLD	B	0.27%	0.06%	0.06%
STT	B	0.12%	0.08%	0.08%
STZ	D	0.25%	0.1%	0.1%
T	A	0.33%	0.42%	0.33%
TAP	B	0.25%	0.03%	0.03%
TFX	F	0.05%	0.02%	0.02%
TGT	C	0.17%	0.19%	0.17%
TMO	F	0.14%	0.57%	0.14%
TMUS	A	0.33%	0.33%	0.33%
TRMB	B	0.03%	0.05%	0.03%
TROW	B	0.09%	0.07%	0.07%
TRV	B	0.14%	0.16%	0.14%
TSLA	B	0.28%	2.29%	0.28%
TT	A	0.07%	0.24%	0.07%
TXN	C	0.23%	0.53%	0.23%
UBER	F	0.11%	0.37%	0.11%
ULTA	C	0.17%	0.05%	0.05%
UNH	B	0.26%	1.5%	0.26%
UNP	C	0.08%	0.4%	0.08%
UPS	C	0.09%	0.26%	0.09%
USB	A	0.06%	0.21%	0.06%
V	A	0.04%	1.3%	0.04%
VICI	D	0.06%	0.09%	0.06%
VRSK	A	0.04%	0.11%	0.04%
VRTX	B	0.23%	0.35%	0.23%
VZ	C	0.33%	0.46%	0.33%
WAB	A	0.13%	0.09%	0.09%
WAT	A	0.15%	0.06%	0.06%
WELL	B	0.11%	0.22%	0.11%
WFC	A	0.13%	0.66%	0.13%
WM	A	0.18%	0.24%	0.18%
WMT	A	0.73%	1.0%	0.73%
WRB	B	0.14%	0.05%	0.05%
WST	B	0.05%	0.06%	0.05%
WTW	A	0.03%	0.08%	0.03%
WY	F	0.17%	0.06%	0.06%
WYNN	F	0.08%	0.02%	0.02%
XEL	A	0.08%	0.1%	0.08%
XOM	B	0.77%	1.46%	0.77%
XYL	D	0.19%	0.08%	0.08%
YUM	B	0.51%	0.1%	0.1%
ZBH	C	0.12%	0.06%	0.06%
ZTS	D	0.25%	0.21%	0.21%

SSPY Overweight 239 Positions Relative to USCA

Symbol	Grade	Weight
SYY	B	0.75%
KR	A	0.74%
ROST	F	0.72%
TJX	B	0.72%
COST	B	0.71%
COF	B	0.7%
SYF	B	0.69%
WBA	D	0.64%
DPZ	C	0.52%
PSX	D	0.51%
DRI	B	0.51%
VLO	D	0.5%
BRK.A	B	0.5%
EA	A	0.49%
MPC	D	0.49%
TTWO	A	0.49%
L	A	0.49%
MSI	B	0.49%
KVUE	B	0.42%
BWA	B	0.42%
VST	B	0.41%
APTV	D	0.4%
J	B	0.4%
JBL	C	0.38%
ADM	F	0.37%
BG	D	0.37%
TSN	C	0.36%
HRL	F	0.36%
HPQ	B	0.35%
PM	C	0.35%
MO	A	0.35%
IPG	F	0.34%
OMC	B	0.34%
HAL	C	0.34%
TPR	B	0.33%
NI	A	0.33%
NRG	B	0.33%
HCA	D	0.33%
AES	F	0.32%
UHS	D	0.32%
RL	B	0.32%
DAL	A	0.28%
UAL	B	0.28%
SWK	F	0.27%
GDDY	A	0.27%
VRSN	C	0.27%
CNP	B	0.26%
ENPH	F	0.26%
LOW	B	0.26%
HAS	D	0.26%
CNC	F	0.26%
NVR	D	0.26%
LEN	D	0.25%
WMB	B	0.25%
DTE	D	0.25%
MOH	F	0.25%
EIX	C	0.25%
SNA	A	0.25%
PHM	D	0.25%
LUV	B	0.25%
ETR	B	0.25%
RJF	A	0.25%
MRNA	F	0.24%
DHI	F	0.24%
TRGP	B	0.24%
FE	D	0.24%
VTRS	B	0.24%
ELV	F	0.24%
ON	F	0.23%
NXPI	F	0.23%
TYL	B	0.22%
LW	C	0.22%
MPWR	F	0.22%
FFIV	A	0.21%
KEYS	C	0.21%
ANET	C	0.21%
PFG	C	0.21%
AOS	F	0.21%
KHC	F	0.21%
QRVO	F	0.21%
SWKS	F	0.21%
SJM	F	0.21%
MET	C	0.21%
CAG	F	0.21%
ALL	A	0.2%
GL	B	0.2%
IR	A	0.2%
JNPR	D	0.2%
AFL	C	0.2%
PARA	C	0.2%
PRU	B	0.2%
AIZ	A	0.2%
ERIE	F	0.2%
HSIC	F	0.2%
MHK	D	0.19%
CI	D	0.19%
APH	B	0.19%
CAH	A	0.19%
TEL	B	0.19%
MAS	D	0.19%
WBD	B	0.19%
BLDR	D	0.19%
GLW	C	0.19%
BBWI	C	0.19%
AMAT	F	0.18%
GEV	B	0.18%
EQT	B	0.18%
ROL	B	0.18%
COR	A	0.18%
HON	B	0.17%
TER	F	0.17%
DG	F	0.17%
NTAP	D	0.17%
BBY	D	0.17%
CTRA	B	0.17%
GE	C	0.17%
DLTR	F	0.17%
VMC	B	0.17%
KLAC	F	0.17%
STX	D	0.17%
WDC	D	0.17%
DVN	F	0.16%
GD	A	0.16%
BA	F	0.16%
TXT	C	0.16%
DGX	A	0.16%
TECH	B	0.15%
SMCI	F	0.15%
GPC	D	0.15%
MU	D	0.15%
MCHP	F	0.14%
AZO	C	0.14%
URI	B	0.14%
CINF	A	0.14%
ORLY	A	0.14%
KMX	C	0.14%
EG	D	0.14%
LKQ	D	0.14%
FAST	A	0.13%
CDW	F	0.13%
AMCR	D	0.13%
POOL	D	0.13%
EPAM	B	0.13%
ZBRA	A	0.13%
C	A	0.13%
LDOS	B	0.13%
SYK	A	0.12%
STE	F	0.12%
EXPE	B	0.12%
ISRG	A	0.12%
GWW	B	0.12%
TSCO	C	0.12%
VTR	C	0.11%
EXR	D	0.11%
PSA	C	0.11%
CPT	C	0.11%
HST	C	0.11%
DXCM	C	0.1%
PODD	B	0.1%
HOLX	D	0.1%
NWSA	B	0.1%
NWS	B	0.1%
ESS	C	0.1%
ALGN	F	0.1%
MAA	C	0.1%
INVH	D	0.1%
GEHC	F	0.1%
FOX	A	0.1%
UDR	C	0.1%
FOXA	A	0.1%
FMC	F	0.09%
LMT	C	0.09%
BEN	C	0.09%
NOC	C	0.09%
AXON	B	0.09%
RCL	A	0.09%
CCL	A	0.09%
CHRW	A	0.09%
CF	B	0.09%
KKR	B	0.09%
NCLH	B	0.09%
LYV	B	0.09%
IVZ	C	0.09%
RMD	C	0.09%
ALLE	D	0.08%
CMS	C	0.08%
PCG	A	0.08%
HWM	A	0.08%
PPL	A	0.08%
EVRG	A	0.08%
AEE	A	0.08%
CARR	C	0.08%
TDG	B	0.08%
PH	A	0.08%
OTIS	C	0.08%
GNRC	B	0.08%
RTX	C	0.08%
HII	D	0.08%
BLK	B	0.08%
LHX	A	0.08%
AMP	A	0.08%
MOS	D	0.08%
LYB	F	0.07%
SW	C	0.07%
CZR	F	0.07%
DOW	F	0.07%
APA	F	0.07%
PNW	B	0.07%
WEC	B	0.07%
CE	F	0.07%
TFC	B	0.06%
CFG	B	0.06%
HBAN	B	0.06%
FITB	A	0.06%
PNC	B	0.06%
KEY	B	0.06%
RF	B	0.06%
MTB	B	0.06%
MDT	D	0.06%
IP	C	0.06%
PKG	B	0.06%
FRT	C	0.06%
SBAC	D	0.06%
IRM	D	0.06%
FICO	B	0.05%
IFF	F	0.05%
SOLV	D	0.05%
BAX	F	0.05%
APD	B	0.05%
BDX	D	0.05%
EMN	D	0.05%
BRO	A	0.04%
CSGP	D	0.04%
MSCI	B	0.04%
CPAY	A	0.04%
MKTX	C	0.04%
VLTO	C	0.03%
NDSN	B	0.03%
TDY	A	0.03%

SSPY Underweight 31 Positions Relative to USCA

Symbol	Grade	Weight
MELI	D	-0.21%
APO	B	-0.17%
WDAY	B	-0.15%
WCN	A	-0.13%
SQ	B	-0.11%
TEAM	B	-0.1%
SNOW	C	-0.1%
HUBS	B	-0.09%
NET	B	-0.08%
ILMN	C	-0.07%
TRU	D	-0.06%
CSL	B	-0.06%
BAH	C	-0.06%
MANH	C	-0.05%
ZS	B	-0.05%
PINS	F	-0.05%
LII	B	-0.05%
SNAP	C	-0.04%
TW	C	-0.04%
ACM	B	-0.04%
GGG	B	-0.04%
OC	A	-0.04%
TWLO	A	-0.04%
WSM	F	-0.04%
RPM	A	-0.04%
WTRG	C	-0.03%
CCK	D	-0.03%
CG	C	-0.03%
OKTA	C	-0.03%
H	B	-0.02%
BSY	F	-0.02%