VFQY vs. SMDY ETF Comparison

Comparison of Vanguard U.S. Quality Factor ETF (VFQY) to Syntax Stratified MidCap ETF (SMDY)

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$133.45

Average Daily Volume

8,265

Number of Holdings ^*

353

* may have additional holdings in another (foreign) market

SMDY

Syntax Stratified MidCap ETF

SMDY 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 comprising the Syntax Stratified MidCap 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 MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.18

Average Daily Volume

264

Number of Holdings ^*

390

* may have additional holdings in another (foreign) market

Performance

Period	VFQY	SMDY
30 Days	4.03%	3.98%
60 Days	4.95%	3.29%
90 Days	8.08%	7.44%
12 Months	18.42%	11.07%

73 Overlapping Holdings

Symbol	Grade	Weight in VFQY	Weight in SMDY	Overlap
AIT	C	0.25%	0.08%	0.08%
ANF	D	0.27%	0.19%	0.19%
APPF	D	0.15%	0.36%	0.15%
AYI	D	0.62%	0.22%	0.22%
BHF	B	0.14%	0.38%	0.14%
BJ	C	0.29%	0.3%	0.29%
BRKR	D	0.12%	0.15%	0.12%
CACC	D	0.03%	0.07%	0.03%
CASY	B	0.19%	0.22%	0.19%
CHE	B	0.38%	0.22%	0.22%
CHX	C	0.5%	0.2%	0.2%
CNM	C	0.4%	0.07%	0.07%
CNO	B	0.3%	0.37%	0.3%
COKE	A	0.13%	0.48%	0.13%
CR	B	0.02%	0.08%	0.02%
CRUS	C	0.18%	0.51%	0.18%
CVLT	B	0.42%	0.33%	0.33%
DCI	B	0.54%	0.1%	0.1%
DKS	D	0.44%	0.26%	0.26%
DUOL	F	0.1%	0.25%	0.1%
ELF	D	0.21%	0.25%	0.21%
EME	D	0.16%	0.13%	0.13%
EQH	B	0.65%	0.34%	0.34%
EXLS	C	0.04%	0.22%	0.04%
FIX	C	0.19%	0.14%	0.14%
FLO	C	0.17%	0.28%	0.17%
GGG	C	0.1%	0.1%	0.1%
HAE	C	0.13%	0.4%	0.13%
KD	C	0.31%	0.2%	0.2%
LANC	B	0.14%	0.28%	0.14%
LECO	C	0.38%	0.32%	0.32%
LNTH	C	0.25%	0.22%	0.22%
LOPE	A	0.22%	0.31%	0.22%
LSCC	F	0.06%	0.44%	0.06%
LSTR	B	0.6%	0.18%	0.18%
M	D	0.31%	0.26%	0.26%
MAN	B	0.13%	0.14%	0.13%
MANH	B	0.35%	0.29%	0.29%
MAT	B	0.49%	0.17%	0.17%
MEDP	D	0.38%	0.42%	0.38%
MSM	C	0.65%	0.08%	0.08%
MTG	B	0.07%	0.33%	0.07%
MUSA	A	0.06%	0.23%	0.06%
NSP	C	0.37%	0.31%	0.31%
NYT	B	0.09%	0.31%	0.09%
OC	B	0.07%	0.08%	0.07%
OLN	F	0.21%	0.09%	0.09%
OZK	C	0.26%	0.07%	0.07%
PII	D	0.21%	0.23%	0.21%
PRI	A	0.47%	0.37%	0.37%
PSTG	D	0.25%	0.51%	0.25%
QLYS	D	0.49%	0.79%	0.49%
RPM	B	0.55%	0.1%	0.1%
RRC	F	0.07%	0.07%	0.07%
RS	C	0.14%	0.17%	0.14%
SAM	F	0.1%	0.28%	0.1%
SEIC	B	0.09%	0.29%	0.09%
SKX	D	0.08%	0.25%	0.08%
SLM	C	0.54%	0.29%	0.29%
SSD	C	0.42%	0.09%	0.09%
TDC	F	0.57%	0.29%	0.29%
TPL	B	0.24%	0.07%	0.07%
TREX	D	0.3%	0.15%	0.15%
TTC	C	0.11%	0.28%	0.11%
UAA	D	0.03%	0.14%	0.03%
UFPI	B	0.37%	0.06%	0.06%
VMI	B	0.13%	0.08%	0.08%
WFRD	C	0.36%	0.2%	0.2%
WMS	C	0.16%	0.09%	0.09%
WSO	C	0.02%	0.07%	0.02%
WTS	B	0.18%	0.1%	0.1%
XPO	B	0.02%	0.19%	0.02%
ZION	C	0.35%	0.07%	0.07%

VFQY Overweight 280 Positions Relative to SMDY

Symbol	Grade	Weight
MMM	A	1.94%
BMY	B	1.82%
KLAC	D	1.63%
QCOM	D	1.6%
ABBV	A	1.59%
ADBE	B	1.56%
NKE	F	1.56%
WMT	B	1.54%
AAPL	C	1.5%
TGT	C	1.47%
ADSK	C	1.46%
GILD	B	1.41%
IDXX	D	1.4%
LRCX	F	1.38%
LULU	F	1.34%
TJX	A	1.16%
AMAT	D	1.1%
CTAS	A	1.08%
PEP	B	0.91%
MCHP	F	0.91%
ROST	D	0.9%
NVDA	D	0.88%
MRK	F	0.83%
COST	D	0.72%
AIG	C	0.71%
FAST	C	0.71%
LLY	D	0.7%
V	D	0.7%
MPC	C	0.69%
PAYX	A	0.68%
AMP	D	0.63%
AXP	A	0.61%
CHRW	A	0.6%
CSCO	C	0.6%
RHI	F	0.59%
BLDR	C	0.58%
OXY	F	0.57%
STT	B	0.56%
META	C	0.52%
ADP	A	0.51%
KR	B	0.51%
EOG	C	0.5%
NTAP	C	0.5%
JNJ	B	0.49%
BBY	C	0.48%
PYPL	C	0.47%
FBP	B	0.47%
AFL	A	0.45%
EXPE	D	0.42%
EBAY	A	0.42%
BPOP	B	0.42%
JXN	B	0.4%
CAT	C	0.4%
DECK	D	0.39%
ROK	D	0.39%
CDNS	F	0.38%
AX	C	0.38%
SCHW	F	0.38%
EW	F	0.38%
ECL	B	0.36%
DLTR	F	0.34%
TPR	D	0.34%
OFG	C	0.33%
CASH	B	0.33%
WSFS	C	0.33%
AOS	C	0.33%
AMZN	D	0.32%
NUE	F	0.32%
IT	A	0.32%
NTRS	B	0.32%
EA	B	0.31%
WLY	B	0.3%
DOCU	D	0.3%
MLI	B	0.3%
ALKS	B	0.29%
BCC	C	0.29%
TNET	D	0.29%
SYF	C	0.29%
GPC	B	0.28%
ACN	C	0.28%
MED	D	0.28%
NTB	C	0.27%
RL	D	0.27%
KFRC	C	0.27%
TBBK	C	0.27%
APOG	B	0.27%
PG	B	0.26%
VRT	D	0.26%
ULTA	F	0.26%
CPNG	D	0.25%
BBW	B	0.25%
ENPH	F	0.25%
HAS	B	0.24%
ODP	D	0.24%
FULT	C	0.24%
BLBD	D	0.24%
EXTR	D	0.23%
EXPD	A	0.23%
CFG	B	0.23%
WDFC	B	0.23%
BXC	C	0.22%
CUBI	C	0.21%
PLAB	F	0.21%
SHOO	C	0.21%
POOL	B	0.2%
MOH	C	0.2%
CAL	B	0.19%
FIZZ	C	0.19%
CRVL	B	0.19%
JKHY	B	0.19%
NUS	F	0.19%
CATY	C	0.18%
K	A	0.18%
EPAC	B	0.18%
BBSI	A	0.18%
GMS	C	0.18%
OXM	D	0.18%
LMB	C	0.18%
MA	C	0.18%
SNPS	F	0.18%
CTRA	F	0.17%
SCS	B	0.17%
SMAR	B	0.17%
JBSS	B	0.17%
GOOGL	D	0.17%
ASO	F	0.17%
AAP	D	0.17%
TK	D	0.16%
APO	C	0.16%
IDT	C	0.16%
PJT	B	0.16%
SYK	D	0.16%
GWW	C	0.16%
AEO	D	0.16%
PLMR	B	0.16%
WABC	C	0.15%
CHCO	B	0.15%
FFIV	B	0.15%
CSGS	C	0.15%
ROL	C	0.15%
GIII	D	0.15%
BOKF	C	0.15%
HCKT	A	0.15%
STLD	C	0.15%
AON	B	0.15%
IESC	C	0.14%
KMB	B	0.14%
CALM	A	0.14%
ATEN	F	0.14%
SM	D	0.13%
INDB	C	0.13%
ODFL	B	0.13%
HNI	B	0.13%
ON	D	0.13%
PINS	F	0.13%
CSWI	B	0.13%
TNC	C	0.12%
MYE	C	0.12%
HSY	B	0.12%
EVER	B	0.12%
ZEUS	D	0.12%
KAI	C	0.12%
EGY	B	0.12%
KO	A	0.12%
FC	B	0.11%
BMI	B	0.11%
MCRI	B	0.11%
NVR	A	0.11%
ATKR	F	0.11%
STRL	D	0.11%
BELFB	C	0.11%
CDRE	C	0.1%
IOSP	C	0.1%
CPF	B	0.1%
PRMW	C	0.1%
LZB	B	0.1%
VRTS	D	0.1%
TER	D	0.1%
CVBF	C	0.1%
ARLO	C	0.1%
HWKN	A	0.1%
SLVM	B	0.1%
SONO	F	0.1%
ETH	D	0.1%
CEIX	D	0.1%
PRLB	C	0.1%
ACLS	F	0.1%
SRCE	B	0.1%
AAN	B	0.09%
BHLB	B	0.09%
ROKU	D	0.09%
MCFT	C	0.09%
PRDO	B	0.09%
ANIP	B	0.09%
TRIP	F	0.09%
HSIC	B	0.09%
PSMT	B	0.09%
CNXN	A	0.08%
MPWR	C	0.08%
GPOR	F	0.08%
VLO	B	0.08%
ASC	D	0.08%
BKU	B	0.08%
PCAR	F	0.08%
WAFD	B	0.08%
SUPN	C	0.08%
OSUR	D	0.08%
YELP	F	0.08%
POWL	C	0.08%
MCO	A	0.07%
CARG	C	0.07%
SWAV	A	0.07%
PDCO	C	0.07%
HOLX	A	0.07%
CRAI	C	0.07%
ALGN	F	0.07%
CBU	B	0.07%
RGP	C	0.07%
TILE	C	0.07%
CDW	D	0.07%
RDN	B	0.07%
MRC	B	0.07%
MYGN	B	0.06%
EGBN	D	0.06%
SPTN	B	0.06%
DAKT	B	0.06%
AVAV	D	0.06%
BKE	B	0.06%
DOX	B	0.06%
NMIH	C	0.06%
GOLF	B	0.05%
SXI	B	0.05%
SNA	B	0.05%
MOV	D	0.05%
SCHL	F	0.05%
SBSI	B	0.05%
DKNG	F	0.05%
LYTS	B	0.05%
CTS	D	0.05%
BECN	B	0.05%
WTTR	A	0.05%
MNRO	B	0.05%
ARCH	F	0.05%
KELYA	C	0.04%
UVE	C	0.04%
WNC	F	0.04%
REVG	B	0.04%
ALSN	A	0.04%
CLW	B	0.04%
SXC	C	0.04%
YEXT	D	0.04%
RYI	D	0.04%
COOP	C	0.03%
CPRX	B	0.03%
ACAD	C	0.03%
LKFN	C	0.03%
AMR	F	0.03%
NSSC	B	0.03%
TCMD	D	0.03%
SMCI	D	0.03%
SFIX	C	0.03%
DXLG	D	0.03%
OII	B	0.03%
PRTS	F	0.03%
BKNG	D	0.03%
CCRN	C	0.02%
APAM	C	0.02%
COUR	C	0.02%
DFIN	C	0.02%
PFBC	C	0.02%
WIRE	A	0.02%
FTNT	F	0.02%
DNOW	B	0.02%
ATRC	D	0.02%
KRNY	C	0.02%
USNA	F	0.02%
INCY	C	0.02%
AMAL	C	0.02%
KEYS	F	0.02%
YNDX	C	0.0%

VFQY Underweight 317 Positions Relative to SMDY

Symbol	Grade	Weight
SMG	B	-1.77%
COTY	F	-1.72%
LITE	C	-1.33%
CIEN	B	-1.22%
FYBR	A	-1.21%
IRDM	C	-1.11%
DOCS	C	-1.09%
ZD	F	-1.01%
DT	F	-0.73%
AMKR	F	-0.67%
SBRA	B	-0.66%
OHI	A	-0.64%
LNW	A	-0.63%
TXRH	A	-0.59%
DLB	F	-0.58%
WEN	C	-0.58%
ACHC	D	-0.57%
ARMK	B	-0.57%
WING	D	-0.55%
THC	B	-0.55%
RMBS	F	-0.5%
SRPT	C	-0.49%
UTHR	B	-0.48%
ALGM	F	-0.47%
ARWR	D	-0.46%
POWI	F	-0.46%
PAG	B	-0.46%
POST	A	-0.46%
MTSI	D	-0.46%
WBS	C	-0.46%
MKSI	D	-0.45%
AN	B	-0.45%
HALO	B	-0.45%
SLAB	F	-0.45%
SYNA	F	-0.45%
LAD	B	-0.44%
CYTK	D	-0.44%
ASB	C	-0.44%
NBIX	A	-0.44%
TMHC	B	-0.44%
KBH	B	-0.44%
CAR	F	-0.43%
EXEL	A	-0.43%
ONTO	F	-0.43%
ILMN	B	-0.42%
BMRN	C	-0.42%
TOL	B	-0.42%
GMED	B	-0.42%
PRGO	C	-0.42%
JAZZ	C	-0.4%
AZTA	B	-0.4%
ENOV	C	-0.39%
LIVN	F	-0.39%
RGEN	B	-0.39%
BRBR	D	-0.39%
SF	B	-0.39%
IBKR	D	-0.38%
KMPR	B	-0.36%
ERIE	A	-0.36%
UNM	A	-0.36%
TGNA	C	-0.35%
NVST	F	-0.35%
TEX	C	-0.34%
CG	B	-0.34%
NXST	B	-0.34%
CELH	F	-0.34%
AMG	B	-0.33%
DBX	D	-0.33%
BURL	B	-0.32%
GHC	C	-0.32%
HRB	A	-0.32%
PPC	B	-0.32%
WEX	D	-0.31%
BLKB	C	-0.31%
MORN	B	-0.31%
ESAB	C	-0.31%
MSA	C	-0.31%
SFM	A	-0.31%
JHG	B	-0.31%
PCTY	C	-0.31%
FHI	C	-0.31%
CGNX	D	-0.31%
ESNT	B	-0.31%
FNF	A	-0.31%
INGR	A	-0.3%
WU	D	-0.3%
JWN	B	-0.3%
DAR	C	-0.3%
RGA	A	-0.3%
MIDD	B	-0.3%
MMS	B	-0.3%
IPGP	F	-0.3%
CPRI	D	-0.3%
FAF	B	-0.3%
USFD	C	-0.29%
ALTR	D	-0.29%
VOYA	F	-0.29%
WMG	F	-0.29%
ST	D	-0.29%
RNR	A	-0.29%
OSK	D	-0.29%
VNT	F	-0.29%
COLM	D	-0.28%
AGCO	F	-0.28%
PFGC	D	-0.28%
ZI	F	-0.28%
TKO	C	-0.28%
POR	A	-0.27%
ALLY	B	-0.27%
CRI	F	-0.27%
EEFT	F	-0.27%
HQY	D	-0.26%
OGE	A	-0.26%
NWE	B	-0.26%
PNM	A	-0.26%
ORA	A	-0.25%
GPS	D	-0.25%
GME	D	-0.25%
ALE	A	-0.25%
OPCH	C	-0.25%
PVH	F	-0.25%
IDA	A	-0.25%
DTM	A	-0.24%
SR	B	-0.24%
OGS	B	-0.24%
OLLI	B	-0.24%
AMED	A	-0.24%
CROX	D	-0.24%
ENS	B	-0.23%
NFG	A	-0.23%
PLNT	C	-0.23%
UGI	A	-0.23%
KEX	C	-0.23%
EHC	A	-0.23%
PGNY	D	-0.23%
NJR	A	-0.23%
HOG	B	-0.23%
WTRG	A	-0.23%
THO	C	-0.23%
BKH	A	-0.23%
SWX	B	-0.22%
WSM	C	-0.22%
VC	C	-0.22%
CNXC	C	-0.22%
LFUS	B	-0.22%
SCI	B	-0.22%
BC	C	-0.22%
AM	C	-0.22%
CUBE	B	-0.21%
NVT	D	-0.21%
GNTX	F	-0.21%
AMH	C	-0.2%
PEN	F	-0.2%
DINO	D	-0.2%
FIVE	F	-0.2%
IRT	A	-0.2%
JEF	B	-0.2%
ELS	A	-0.2%
NSA	C	-0.2%
G	B	-0.2%
SAIC	C	-0.2%
PBF	F	-0.19%
RYAN	A	-0.19%
CMC	B	-0.19%
SAIA	F	-0.19%
BCO	B	-0.19%
XRAY	C	-0.19%
SHC	B	-0.19%
GXO	C	-0.19%
CACI	A	-0.19%
ORI	A	-0.18%
WHR	C	-0.18%
THG	A	-0.18%
RGLD	A	-0.18%
KNX	B	-0.18%
NOV	B	-0.18%
VAL	C	-0.18%
FLR	C	-0.18%
CLF	F	-0.17%
BLD	C	-0.17%
MP	F	-0.17%
RH	B	-0.17%
X	B	-0.17%
EVR	B	-0.17%
RBA	C	-0.17%
SRCL	A	-0.17%
CLH	A	-0.17%
GATX	C	-0.16%
LII	B	-0.16%
EXPO	B	-0.16%
R	B	-0.16%
HLI	B	-0.16%
RLI	A	-0.16%
JLL	B	-0.16%
TPX	C	-0.16%
AFG	B	-0.16%
ASGN	D	-0.16%
ACM	B	-0.15%
YETI	D	-0.15%
AA	F	-0.15%
NEOG	B	-0.15%
SIGI	D	-0.15%
RCM	B	-0.15%
KBR	B	-0.15%
KNSL	B	-0.15%
FCN	C	-0.15%
MDU	B	-0.14%
HWC	C	-0.14%
BYD	C	-0.14%
GLPI	B	-0.14%
UA	D	-0.14%
TTEK	A	-0.14%
KNF	C	-0.14%
MTZ	D	-0.14%
COHR	C	-0.13%
TCBI	C	-0.13%
WTFC	C	-0.13%
CHDN	B	-0.13%
UMBF	B	-0.13%
CBSH	B	-0.13%
CFR	C	-0.13%
EXP	B	-0.13%
PCH	C	-0.13%
VSH	C	-0.13%
OLED	C	-0.13%
NOVT	C	-0.13%
BDC	A	-0.12%
MASI	F	-0.12%
RYN	B	-0.12%
FND	F	-0.12%
FHN	C	-0.12%
LPX	B	-0.12%
ADNT	F	-0.11%
TNL	C	-0.11%
VNO	B	-0.11%
GTLS	C	-0.11%
LEA	C	-0.11%
GT	F	-0.11%
CBT	C	-0.1%
VAC	F	-0.1%
PK	F	-0.1%
ASH	D	-0.1%
H	C	-0.1%
AXTA	A	-0.1%
WOLF	F	-0.1%
WH	C	-0.1%
HXL	D	-0.1%
AVNT	B	-0.1%
CUZ	A	-0.1%
FLS	B	-0.1%
HGV	D	-0.1%
KRC	C	-0.1%
VVV	B	-0.1%
CHH	B	-0.1%
STAG	A	-0.09%
HELE	F	-0.09%
RBC	B	-0.09%
NEU	B	-0.09%
CC	F	-0.09%
WLK	D	-0.09%
ALV	D	-0.09%
MTN	D	-0.09%
PR	F	-0.08%
RRX	B	-0.08%
PNFP	B	-0.08%
CHRD	D	-0.08%
COLB	C	-0.08%
SSB	B	-0.08%
CIVI	D	-0.08%
ITT	B	-0.08%
FFIN	C	-0.08%
MTDR	D	-0.08%
WPC	C	-0.08%
AAON	C	-0.08%
BWXT	C	-0.08%
CSL	C	-0.08%
REXR	B	-0.08%
EGP	A	-0.08%
ATR	A	-0.08%
TKR	B	-0.08%
FR	A	-0.08%
AR	D	-0.07%
SNX	D	-0.07%
CHK	F	-0.07%
LAMR	B	-0.07%
SWN	F	-0.07%
ADC	A	-0.07%
KRG	A	-0.07%
FNB	B	-0.07%
EWBC	C	-0.07%
EPR	B	-0.07%
NNN	A	-0.07%
BRX	B	-0.07%
ARW	C	-0.07%
CADE	C	-0.07%
WCC	F	-0.07%
PB	B	-0.07%
UBSI	B	-0.07%
HOMB	B	-0.07%
OVV	F	-0.07%
IBOC	C	-0.07%
WWD	D	-0.07%
AVT	D	-0.07%
VLY	C	-0.07%
GBCI	C	-0.07%
SNV	B	-0.07%
CW	A	-0.07%
ONB	B	-0.07%
CNX	B	-0.07%
MUR	F	-0.07%
BERY	B	-0.06%
STWD	B	-0.06%
SON	D	-0.05%
CCK	B	-0.05%
GEF	B	-0.05%
GPK	B	-0.05%
SLGN	A	-0.05%