Syntax Stratified LargeCap ETFSyntax Stratified LargeCap ETFSyntax Stratified LargeCap ETF

Syntax Stratified LargeCap ETF

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Key stats

Assets under management (AUM)
‪90.64 M‬USD
Fund flows (1Y)
‪−17.33 M‬USD
Dividend yield (indicated)
1.69%
Discount/Premium to NAV
0.5%

About Syntax Stratified LargeCap ETF

Issuer
Syntax LLC
Brand
Syntax
Expense ratio
0.30%
Inception date
Jan 4, 2019
Index tracked
Syntax Stratified LargeCap Index
Management style
Passive
SSPYs index aims to provide equal exposure to companies that share related business risks, using a proprietary stratified weighting methodology. The fund manager sorts S&P 500 companies into groups based on their underlying business functions and relationships such as: common suppliers, customers, competitors, and/or products. When two or more companies earnings are affected by these same fundamental drivers, they are grouped together, and their weight is redistributed across the other components. The objective is to provide a more unbiased return of the large-cap space than market-cap-weighted funds. The index is rebalanced quarterly and will typically include 500 components allocated across eight industry sectors: consumer, energy, financials, food, health care, industrials, information, and information tools. Prior to the inception date, the strategy was available as a privately held fund.

Classification

Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Equal
Weighting scheme
Tiered
Selection criteria
Committee

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 25, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Technology Services
Stocks99.70%
Finance13.38%
Technology Services10.62%
Consumer Non-Durables9.61%
Electronic Technology9.26%
Retail Trade8.38%
Utilities6.92%
Consumer Services6.80%
Health Technology6.47%
Producer Manufacturing5.11%
Energy Minerals4.64%
Health Services3.02%
Consumer Durables2.80%
Industrial Services2.76%
Process Industries2.36%
Distribution Services2.17%
Non-Energy Minerals1.70%
Transportation1.66%
Communications1.03%
Commercial Services0.99%
Bonds, Cash & Other0.30%
Cash0.30%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows