SYUS vs. PHDG ETF Comparison

Comparison of Syntax Stratified U.S. Total Market ETF (SYUS) to PowerShares S&P 500 Downside Hedged Portfolio (PHDG)

SYUS

Syntax Stratified U.S. Total Market ETF

SYUS Description

The investment seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500® Index (the 1500) by investing in exchange-traded funds (ETFs) or underlying securities that provide Stratified WeightTM U.S. total equity market exposure. The fund seeks Stratified-Weight exposure to the securities in the S&P Composite 1500 Index though investments in ETFs or underlying securities. It has a policy that under normal circumstances, the fund will invest at least 80% of holdings in companies that represent U.S. total market exposure as per the investment objective.

Grade (RS Rating)

Last Trade

$50.89

Average Daily Volume

2,046

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

PHDG

PowerShares S&P 500 Downside Hedged Portfolio

PHDG Description

The PowerShares S&P 500® Downside Hedged Portfolio (the Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve positive total returns in rising or falling markets that are not directly correlated to broad equity or fixed-income market returns. The Fund seeks to achieve its investment objective by using a quantitative, rules-based strategy designed to provide returns that correspond to the performance of the S&P 500® Dynamic VEQTOR Index (the Index). The Index provides investors with broad equity market exposure with an implied volatility hedge by dynamically allocating between equity, volatility and cash. The index allows investors to receive exposure to the equity and volatility of the S&P 500 Index in a dynamic framework.

Grade (RS Rating)

Last Trade

$38.03

Average Daily Volume

13,932

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	SYUS	PHDG
30 Days	2.59%	2.26%
60 Days	5.83%	-2.53%
90 Days	7.75%	0.76%
12 Months	23.91%	25.03%

500 Overlapping Holdings

Symbol	Grade	Weight in SYUS	Weight in PHDG	Overlap
A	B	0.15%	0.05%	0.05%
AAPL	C	0.51%	3.97%	0.51%
ABBV	C	0.25%	0.39%	0.25%
ABNB	D	0.12%	0.07%	0.07%
ABT	C	0.06%	0.23%	0.06%
ACGL	A	0.15%	0.05%	0.05%
ACN	B	0.13%	0.25%	0.13%
ADBE	F	0.17%	0.26%	0.17%
ADI	B	0.22%	0.13%	0.13%
ADM	F	0.38%	0.03%	0.03%
ADP	A	0.22%	0.13%	0.13%
ADSK	B	0.17%	0.07%	0.07%
AEE	A	0.08%	0.03%	0.03%
AEP	C	0.24%	0.06%	0.06%
AES	C	0.31%	0.02%	0.02%
AFL	A	0.2%	0.06%	0.06%
AIG	C	0.2%	0.05%	0.05%
AIZ	B	0.21%	0.01%	0.01%
AJG	C	0.03%	0.07%	0.03%
AKAM	D	0.28%	0.02%	0.02%
ALB	D	0.05%	0.01%	0.01%
ALGN	D	0.1%	0.02%	0.02%
ALL	A	0.2%	0.06%	0.06%
ALLE	A	0.08%	0.01%	0.01%
AMAT	C	0.18%	0.19%	0.18%
AMCR	C	0.13%	0.02%	0.02%
AMD	C	0.14%	0.31%	0.14%
AME	C	0.13%	0.05%	0.05%
AMGN	D	0.25%	0.2%	0.2%
AMP	A	0.09%	0.05%	0.05%
AMT	D	0.07%	0.12%	0.07%
AMZN	C	0.23%	2.01%	0.23%
ANET	A	0.21%	0.11%	0.11%
ANSS	D	0.17%	0.03%	0.03%
AON	A	0.03%	0.09%	0.03%
AOS	C	0.2%	0.01%	0.01%
APA	F	0.08%	0.01%	0.01%
APD	C	0.05%	0.08%	0.05%
APH	D	0.19%	0.09%	0.09%
APTV	D	0.39%	0.02%	0.02%
ARE	D	0.11%	0.02%	0.02%
ATO	A	0.33%	0.02%	0.02%
AVB	C	0.11%	0.04%	0.04%
AVGO	B	0.23%	0.92%	0.23%
AVY	D	0.06%	0.02%	0.02%
AWK	D	0.33%	0.03%	0.03%
AXON	A	0.09%	0.03%	0.03%
AXP	A	0.05%	0.17%	0.05%
AZO	D	0.12%	0.06%	0.06%
BA	F	0.17%	0.1%	0.1%
BAC	B	0.13%	0.3%	0.13%
BALL	C	0.13%	0.02%	0.02%
BAX	D	0.05%	0.02%	0.02%
BBWI	F	0.18%	0.01%	0.01%
BBY	C	0.17%	0.02%	0.02%
BDX	C	0.05%	0.08%	0.05%
BEN	F	0.09%	0.01%	0.01%
BG	F	0.37%	0.02%	0.02%
BIIB	F	0.25%	0.03%	0.03%
BK	A	0.12%	0.06%	0.06%
BKNG	B	0.08%	0.16%	0.08%
BKR	B	0.36%	0.04%	0.04%
BLDR	C	0.2%	0.03%	0.03%
BLK	A	0.09%	0.15%	0.09%
BMY	A	0.26%	0.12%	0.12%
BR	B	0.11%	0.03%	0.03%
BRK.A	B	0.51%	0.96%	0.51%
BRO	A	0.04%	0.03%	0.03%
BSX	A	0.06%	0.14%	0.06%
BWA	C	0.41%	0.01%	0.01%
BX	C	0.09%	0.13%	0.09%
BXP	B	0.11%	0.01%	0.01%
C	B	0.13%	0.14%	0.13%
CAG	D	0.22%	0.02%	0.02%
CAH	B	0.2%	0.03%	0.03%
CARR	A	0.08%	0.08%	0.08%
CAT	A	0.14%	0.22%	0.14%
CB	A	0.14%	0.12%	0.12%
CBOE	B	0.04%	0.02%	0.02%
CBRE	C	0.04%	0.04%	0.04%
CCI	D	0.07%	0.06%	0.06%
CCL	C	0.09%	0.02%	0.02%
CDNS	D	0.34%	0.09%	0.09%
CDW	D	0.13%	0.04%	0.04%
CE	D	0.07%	0.02%	0.02%
CEG	A	0.39%	0.09%	0.09%
CF	A	0.09%	0.02%	0.02%
CFG	C	0.06%	0.02%	0.02%
CHD	D	0.43%	0.03%	0.03%
CHRW	C	0.09%	0.01%	0.01%
CHTR	D	0.47%	0.04%	0.04%
CI	D	0.2%	0.11%	0.11%
CINF	A	0.14%	0.02%	0.02%
CL	D	0.42%	0.1%	0.1%
CLX	C	0.43%	0.02%	0.02%
CMCSA	B	0.52%	0.18%	0.18%
CME	A	0.04%	0.09%	0.04%
CMG	C	0.52%	0.09%	0.09%
CMI	A	0.08%	0.05%	0.05%
CMS	A	0.08%	0.02%	0.02%
CNC	F	0.26%	0.05%	0.05%
CNP	B	0.26%	0.02%	0.02%
COF	A	0.71%	0.07%	0.07%
COP	D	0.08%	0.14%	0.08%
COR	F	0.19%	0.04%	0.04%
COST	C	0.73%	0.45%	0.45%
CPAY	A	0.04%	0.03%	0.03%
CPB	D	0.21%	0.01%	0.01%
CPRT	B	0.23%	0.05%	0.05%
CPT	C	0.11%	0.02%	0.02%
CRL	F	0.14%	0.01%	0.01%
CRM	B	0.35%	0.31%	0.31%
CRWD	D	0.19%	0.08%	0.08%
CSCO	A	0.21%	0.24%	0.21%
CSGP	F	0.04%	0.04%	0.04%
CSX	D	0.09%	0.08%	0.08%
CTAS	C	0.19%	0.08%	0.08%
CTLT	A	0.25%	0.01%	0.01%
CTRA	D	0.17%	0.02%	0.02%
CTSH	B	0.13%	0.04%	0.04%
CTVA	A	0.09%	0.05%	0.05%
CVS	D	0.67%	0.09%	0.09%
CVX	B	0.79%	0.28%	0.28%
CZR	B	0.07%	0.01%	0.01%
D	A	0.25%	0.06%	0.06%
DAL	C	0.26%	0.04%	0.04%
DAY	C	0.23%	0.01%	0.01%
DD	C	0.05%	0.04%	0.04%
DE	C	0.13%	0.12%	0.12%
DECK	B	0.3%	0.03%	0.03%
DELL	C	0.17%	0.04%	0.04%
DFS	A	0.69%	0.04%	0.04%
DG	F	0.17%	0.02%	0.02%
DGX	D	0.17%	0.02%	0.02%
DHI	C	0.25%	0.06%	0.06%
DHR	D	0.1%	0.2%	0.1%
DIS	D	0.21%	0.2%	0.2%
DLR	C	0.27%	0.06%	0.06%
DLTR	F	0.17%	0.02%	0.02%
DOC	C	0.11%	0.02%	0.02%
DOV	C	0.18%	0.03%	0.03%
DOW	B	0.07%	0.04%	0.04%
DPZ	D	0.53%	0.02%	0.02%
DRI	C	0.53%	0.02%	0.02%
DTE	B	0.25%	0.03%	0.03%
DUK	C	0.08%	0.1%	0.08%
DVA	C	0.11%	0.01%	0.01%
DVN	F	0.17%	0.03%	0.03%
DXCM	F	0.1%	0.03%	0.03%
EA	D	0.49%	0.04%	0.04%
EBAY	A	0.23%	0.04%	0.04%
ECL	C	0.05%	0.07%	0.05%
ED	C	0.25%	0.04%	0.04%
EFX	D	0.04%	0.04%	0.04%
EG	A	0.14%	0.02%	0.02%
EIX	C	0.25%	0.04%	0.04%
EL	D	0.47%	0.03%	0.03%
ELV	F	0.26%	0.14%	0.14%
EMN	C	0.05%	0.02%	0.02%
EMR	B	0.03%	0.07%	0.03%
ENPH	F	0.27%	0.02%	0.02%
EOG	B	0.08%	0.08%	0.08%
EPAM	F	0.13%	0.01%	0.01%
EQIX	C	0.28%	0.1%	0.1%
EQR	C	0.11%	0.03%	0.03%
EQT	C	0.18%	0.02%	0.02%
ERIE	A	0.2%	0.02%	0.02%
ES	D	0.08%	0.03%	0.03%
ESS	D	0.11%	0.02%	0.02%
ETN	B	0.27%	0.15%	0.15%
ETR	A	0.26%	0.03%	0.03%
EVRG	C	0.08%	0.02%	0.02%
EW	F	0.06%	0.05%	0.05%
EXC	C	0.3%	0.05%	0.05%
EXPD	D	0.09%	0.02%	0.02%
EXPE	B	0.12%	0.02%	0.02%
EXR	D	0.12%	0.04%	0.04%
F	D	0.25%	0.05%	0.05%
FANG	D	0.08%	0.04%	0.04%
FAST	C	0.13%	0.05%	0.05%
FCX	B	0.29%	0.08%	0.08%
FDS	C	0.05%	0.02%	0.02%
FDX	F	0.08%	0.07%	0.07%
FE	C	0.25%	0.03%	0.03%
FFIV	B	0.21%	0.01%	0.01%
FI	A	0.06%	0.12%	0.06%
FICO	C	0.04%	0.05%	0.04%
FIS	A	0.05%	0.05%	0.05%
FITB	C	0.06%	0.03%	0.03%
FMC	C	0.09%	0.01%	0.01%
FOX	B	0.11%	0.01%	0.01%
FOXA	B	0.11%	0.01%	0.01%
FRT	D	0.07%	0.01%	0.01%
FSLR	C	0.2%	0.03%	0.03%
FTNT	A	0.17%	0.06%	0.06%
FTV	C	0.03%	0.03%	0.03%
GD	C	0.17%	0.09%	0.09%
GDDY	B	0.28%	0.03%	0.03%
GE	B	0.18%	0.23%	0.18%
GEHC	C	0.11%	0.04%	0.04%
GEN	A	0.17%	0.02%	0.02%
GEV	A	0.19%	0.08%	0.08%
GILD	A	0.25%	0.12%	0.12%
GIS	C	0.21%	0.05%	0.05%
GL	C	0.21%	0.01%	0.01%
GLW	C	0.2%	0.04%	0.04%
GM	D	0.26%	0.06%	0.06%
GNRC	B	0.08%	0.01%	0.01%
GOOG	B	0.23%	0.91%	0.23%
GOOGL	B	0.23%	1.1%	0.23%
GPC	D	0.15%	0.02%	0.02%
GPN	F	0.04%	0.03%	0.03%
GRMN	D	0.34%	0.03%	0.03%
GS	B	0.26%	0.18%	0.18%
GWW	B	0.12%	0.05%	0.05%
HAL	D	0.36%	0.03%	0.03%
HAS	A	0.26%	0.01%	0.01%
HBAN	B	0.06%	0.02%	0.02%
HCA	C	0.34%	0.09%	0.09%
HD	A	0.26%	0.45%	0.26%
HES	D	0.08%	0.04%	0.04%
HIG	A	0.15%	0.04%	0.04%
HII	F	0.08%	0.01%	0.01%
HLT	A	0.12%	0.07%	0.07%
HOLX	D	0.1%	0.02%	0.02%
HON	C	0.17%	0.16%	0.16%
HPE	B	0.18%	0.03%	0.03%
HPQ	B	0.36%	0.04%	0.04%
HRL	F	0.37%	0.01%	0.01%
HSIC	D	0.2%	0.01%	0.01%
HST	D	0.12%	0.01%	0.01%
HSY	D	0.18%	0.03%	0.03%
HUBB	A	0.26%	0.03%	0.03%
HUM	F	0.26%	0.04%	0.04%
HWM	A	0.08%	0.04%	0.04%
IBM	A	0.35%	0.23%	0.23%
ICE	A	0.04%	0.1%	0.04%
IDXX	D	0.1%	0.05%	0.05%
IEX	D	0.2%	0.02%	0.02%
IFF	D	0.05%	0.03%	0.03%
INCY	B	0.25%	0.01%	0.01%
INTC	D	0.16%	0.12%	0.12%
INTU	F	0.21%	0.2%	0.2%
INVH	D	0.11%	0.02%	0.02%
IP	C	0.06%	0.02%	0.02%
IPG	D	0.34%	0.01%	0.01%
IQV	F	0.14%	0.05%	0.05%
IR	A	0.2%	0.05%	0.05%
IRM	B	0.07%	0.04%	0.04%
ISRG	C	0.12%	0.2%	0.12%
IT	A	0.13%	0.05%	0.05%
ITW	C	0.17%	0.08%	0.08%
IVZ	A	0.09%	0.01%	0.01%
J	F	0.39%	0.02%	0.02%
JBHT	D	0.09%	0.02%	0.02%
JBL	C	0.36%	0.02%	0.02%
JCI	C	0.08%	0.06%	0.06%
JKHY	A	0.05%	0.01%	0.01%
JNJ	D	0.25%	0.44%	0.25%
JNPR	C	0.2%	0.01%	0.01%
JPM	C	0.13%	0.68%	0.13%
K	B	0.19%	0.02%	0.02%
KDP	C	0.25%	0.04%	0.04%
KEY	B	0.06%	0.02%	0.02%
KEYS	B	0.21%	0.03%	0.03%
KHC	F	0.21%	0.04%	0.04%
KIM	C	0.07%	0.02%	0.02%
KKR	A	0.09%	0.1%	0.09%
KLAC	B	0.17%	0.12%	0.12%
KMB	D	0.42%	0.06%	0.06%
KMI	A	0.26%	0.05%	0.05%
KMX	F	0.15%	0.01%	0.01%
KO	C	0.25%	0.32%	0.25%
KR	C	0.75%	0.04%	0.04%
KVUE	C	0.42%	0.05%	0.05%
L	C	0.5%	0.02%	0.02%
LDOS	A	0.13%	0.02%	0.02%
LEN	C	0.25%	0.05%	0.05%
LHX	A	0.08%	0.05%	0.05%
LIN	C	0.05%	0.26%	0.05%
LKQ	F	0.15%	0.01%	0.01%
LLY	D	0.26%	0.79%	0.26%
LMT	A	0.08%	0.14%	0.08%
LNT	B	0.08%	0.02%	0.02%
LOW	C	0.26%	0.17%	0.17%
LRCX	D	0.17%	0.12%	0.12%
LULU	D	0.3%	0.04%	0.04%
LUV	B	0.26%	0.02%	0.02%
LVS	B	0.07%	0.02%	0.02%
LW	D	0.22%	0.01%	0.01%
LYB	B	0.07%	0.03%	0.03%
LYV	A	0.09%	0.02%	0.02%
MA	A	0.05%	0.47%	0.05%
MAA	D	0.11%	0.02%	0.02%
MAR	A	0.12%	0.07%	0.07%
MAS	C	0.19%	0.02%	0.02%
MCD	A	0.5%	0.25%	0.25%
MCHP	F	0.13%	0.05%	0.05%
MCK	F	0.19%	0.07%	0.07%
MCO	D	0.04%	0.09%	0.04%
MDLZ	D	0.18%	0.11%	0.11%
MDT	C	0.06%	0.13%	0.06%
MET	A	0.21%	0.06%	0.06%
META	A	0.48%	1.42%	0.48%
MGM	D	0.07%	0.01%	0.01%
MHK	C	0.19%	0.01%	0.01%
MKC	C	0.22%	0.02%	0.02%
MKTX	B	0.05%	0.01%	0.01%
MLM	F	0.17%	0.04%	0.04%
MMC	D	0.04%	0.13%	0.04%
MMM	C	0.17%	0.09%	0.09%
MNST	D	0.26%	0.04%	0.04%
MO	D	0.36%	0.1%	0.1%
MOH	F	0.26%	0.02%	0.02%
MOS	F	0.08%	0.01%	0.01%
MPC	D	0.5%	0.06%	0.06%
MPWR	B	0.22%	0.05%	0.05%
MRK	F	0.25%	0.33%	0.25%
MRNA	F	0.24%	0.03%	0.03%
MRO	B	0.08%	0.02%	0.02%
MS	A	0.26%	0.15%	0.15%
MSCI	B	0.04%	0.05%	0.04%
MSFT	D	0.33%	3.65%	0.33%
MSI	A	0.51%	0.09%	0.09%
MTB	A	0.06%	0.03%	0.03%
MTCH	B	0.47%	0.01%	0.01%
MTD	C	0.14%	0.04%	0.04%
MU	D	0.14%	0.14%	0.14%
NCLH	C	0.09%	0.01%	0.01%
NDAQ	C	0.05%	0.03%	0.03%
NDSN	C	0.03%	0.02%	0.02%
NEE	C	0.25%	0.2%	0.2%
NEM	C	0.26%	0.07%	0.07%
NFLX	A	0.23%	0.35%	0.23%
NI	A	0.34%	0.02%	0.02%
NKE	D	0.33%	0.12%	0.12%
NOC	B	0.08%	0.08%	0.08%
NOW	B	0.24%	0.21%	0.21%
NRG	A	0.33%	0.02%	0.02%
NSC	C	0.08%	0.06%	0.06%
NTAP	D	0.18%	0.03%	0.03%
NTRS	B	0.09%	0.02%	0.02%
NUE	D	0.26%	0.04%	0.04%
NVDA	B	0.14%	3.42%	0.14%
NVR	C	0.19%	0.03%	0.03%
NWS	D	0.1%	0.0%	0.0%
NWSA	D	0.1%	0.01%	0.01%
NXPI	F	0.23%	0.07%	0.07%
O	C	0.07%	0.06%	0.06%
ODFL	F	0.09%	0.04%	0.04%
OKE	A	0.26%	0.06%	0.06%
OMC	C	0.34%	0.02%	0.02%
ON	F	0.22%	0.04%	0.04%
ORCL	A	0.34%	0.31%	0.31%
ORLY	A	0.16%	0.08%	0.08%
OTIS	A	0.08%	0.05%	0.05%
OXY	D	0.07%	0.04%	0.04%
PANW	B	0.16%	0.12%	0.12%
PARA	F	0.2%	0.01%	0.01%
PAYC	D	0.23%	0.01%	0.01%
PAYX	B	0.22%	0.05%	0.05%
PCAR	D	0.13%	0.06%	0.06%
PCG	C	0.08%	0.05%	0.05%
PEG	A	0.26%	0.05%	0.05%
PEP	F	0.18%	0.27%	0.18%
PFE	D	0.25%	0.19%	0.19%
PFG	A	0.21%	0.02%	0.02%
PG	D	0.43%	0.47%	0.43%
PGR	B	0.2%	0.17%	0.17%
PH	A	0.07%	0.09%	0.07%
PHM	C	0.26%	0.03%	0.03%
PKG	B	0.06%	0.02%	0.02%
PLD	D	0.07%	0.13%	0.07%
PLTR	A	0.23%	0.08%	0.08%
PM	D	0.36%	0.22%	0.22%
PNC	C	0.06%	0.08%	0.06%
PNR	C	0.2%	0.02%	0.02%
PNW	C	0.08%	0.01%	0.01%
PODD	C	0.1%	0.02%	0.02%
POOL	D	0.13%	0.02%	0.02%
PPG	D	0.07%	0.04%	0.04%
PPL	C	0.08%	0.03%	0.03%
PRU	B	0.21%	0.05%	0.05%
PSA	C	0.11%	0.07%	0.07%
PSX	D	0.51%	0.06%	0.06%
PTC	B	0.17%	0.03%	0.03%
PWR	A	0.42%	0.05%	0.05%
PYPL	A	0.06%	0.09%	0.06%
QCOM	D	0.22%	0.22%	0.22%
QRVO	F	0.21%	0.01%	0.01%
RCL	B	0.09%	0.05%	0.05%
REG	C	0.06%	0.01%	0.01%
REGN	D	0.23%	0.13%	0.13%
RF	B	0.06%	0.02%	0.02%
RJF	B	0.26%	0.03%	0.03%
RL	B	0.32%	0.01%	0.01%
RMD	C	0.1%	0.04%	0.04%
ROK	D	0.03%	0.04%	0.03%
ROL	C	0.19%	0.02%	0.02%
ROP	D	0.03%	0.07%	0.03%
ROST	D	0.74%	0.06%	0.06%
RSG	D	0.19%	0.05%	0.05%
RTX	A	0.08%	0.18%	0.08%
RVTY	C	0.1%	0.02%	0.02%
SBAC	C	0.07%	0.03%	0.03%
SBUX	B	0.48%	0.13%	0.13%
SCHW	D	0.26%	0.11%	0.11%
SHW	C	0.07%	0.1%	0.07%
SJM	D	0.21%	0.01%	0.01%
SLB	D	0.36%	0.07%	0.07%
SMCI	F	0.17%	0.02%	0.02%
SNA	C	0.25%	0.02%	0.02%
SNPS	F	0.34%	0.09%	0.09%
SO	A	0.08%	0.11%	0.08%
SOLV	C	0.05%	0.01%	0.01%
SPG	A	0.07%	0.06%	0.06%
SPGI	C	0.04%	0.19%	0.04%
SRE	C	0.08%	0.06%	0.06%
STE	D	0.12%	0.03%	0.03%
STLD	C	0.28%	0.02%	0.02%
STT	A	0.12%	0.03%	0.03%
STX	C	0.18%	0.02%	0.02%
STZ	D	0.25%	0.05%	0.05%
SW	C	0.07%	0.03%	0.03%
SWK	C	0.27%	0.02%	0.02%
SWKS	F	0.21%	0.02%	0.02%
SYF	A	0.68%	0.02%	0.02%
SYK	C	0.12%	0.14%	0.12%
SYY	D	0.75%	0.04%	0.04%
T	B	0.33%	0.18%	0.18%
TAP	D	0.25%	0.01%	0.01%
TDG	A	0.08%	0.09%	0.08%
TDY	A	0.03%	0.02%	0.02%
TECH	D	0.15%	0.01%	0.01%
TEL	D	0.19%	0.05%	0.05%
TER	C	0.17%	0.02%	0.02%
TFC	D	0.06%	0.07%	0.06%
TFX	C	0.05%	0.01%	0.01%
TGT	C	0.17%	0.08%	0.08%
TJX	D	0.74%	0.15%	0.15%
TMO	D	0.15%	0.27%	0.15%
TMUS	A	0.33%	0.11%	0.11%
TPR	B	0.32%	0.01%	0.01%
TRGP	A	0.27%	0.04%	0.04%
TRMB	B	0.03%	0.02%	0.02%
TROW	D	0.09%	0.03%	0.03%
TRV	B	0.14%	0.06%	0.06%
TSCO	A	0.12%	0.04%	0.04%
TSLA	C	0.28%	0.83%	0.28%
TSN	D	0.37%	0.02%	0.02%
TT	A	0.08%	0.1%	0.08%
TTWO	D	0.5%	0.03%	0.03%
TXN	C	0.23%	0.22%	0.22%
TXT	F	0.16%	0.02%	0.02%
TYL	D	0.22%	0.03%	0.03%
UAL	A	0.27%	0.02%	0.02%
UBER	C	0.12%	0.18%	0.12%
UDR	C	0.11%	0.02%	0.02%
UHS	D	0.35%	0.02%	0.02%
ULTA	D	0.18%	0.02%	0.02%
UNH	B	0.26%	0.61%	0.26%
UNP	F	0.08%	0.17%	0.08%
UPS	D	0.08%	0.11%	0.08%
URI	C	0.14%	0.06%	0.06%
USB	C	0.06%	0.08%	0.06%
V	B	0.04%	0.53%	0.04%
VICI	C	0.06%	0.04%	0.04%
VLO	F	0.5%	0.05%	0.05%
VLTO	A	0.03%	0.03%	0.03%
VMC	D	0.18%	0.04%	0.04%
VRSK	D	0.04%	0.04%	0.04%
VRSN	C	0.27%	0.02%	0.02%
VRTX	D	0.24%	0.14%	0.14%
VST	A	0.4%	0.04%	0.04%
VTR	C	0.11%	0.03%	0.03%
VTRS	D	0.25%	0.02%	0.02%
VZ	C	0.34%	0.22%	0.22%
WAB	A	0.13%	0.04%	0.04%
WAT	B	0.15%	0.02%	0.02%
WBA	F	0.62%	0.01%	0.01%
WBD	F	0.2%	0.02%	0.02%
WDC	C	0.17%	0.03%	0.03%
WEC	B	0.08%	0.03%	0.03%
WELL	C	0.11%	0.08%	0.08%
WFC	B	0.13%	0.22%	0.13%
WM	B	0.19%	0.09%	0.09%
WMB	A	0.26%	0.06%	0.06%
WMT	A	0.75%	0.4%	0.4%
WRB	C	0.14%	0.02%	0.02%
WST	D	0.05%	0.03%	0.03%
WTW	C	0.03%	0.03%	0.03%
WY	C	0.17%	0.03%	0.03%
WYNN	B	0.07%	0.01%	0.01%
XEL	C	0.08%	0.04%	0.04%
XOM	A	0.79%	0.59%	0.59%
XYL	C	0.19%	0.04%	0.04%
YUM	C	0.5%	0.05%	0.05%
ZBH	F	0.13%	0.03%	0.03%
ZBRA	B	0.14%	0.02%	0.02%
ZTS	C	0.25%	0.1%	0.1%

SYUS Overweight 0 Positions Relative to PHDG

	Symbol	Grade	Weight

SYUS Underweight 0 Positions Relative to PHDG

	Symbol	Grade	Weight