Skip to Content
ETFs

Syntax Stratified SmallCap ETF

SSLY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 28 2020
Expense Ratio
0.40%
Type
US Equities
Fund Owner
Syntax
Volume (1m avg. daily)
$34,063
AUM
$17,503,682
Associated Index
Syntax Stratified SmallCap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CHCT
Community Healthcare Trust Inc
0.62%
CTRE
CareTrust REIT Inc
0.61%
SANM
Sanmina Corp
0.61%
PLXS
Plexus Corp.
0.60%
RGR
Sturm, Ruger & Co., Inc.
0.60%
VSTO
Vista Outdoor Inc
0.58%
CARS
Cars.com
0.55%
DFIN
Donnelley Financial Solutions Inc
0.51%
AVTA
Avantax Inc
0.51%
YELP
Yelp Inc
0.50%
Invest with SSLY

What is SSLY?

The Syntax Stratified SmallCap ETF (the Fund ) seeks to provide investment results that, before expenses, track the performance of the Syntax Stratified SmallCap Index. The Index, which was created by Syntax LLC, an affiliate of the Fund s investment Advisor, is the Stratified Weight version of the widely used S&P SmallCap 600 Index and holds the same constituents as the S&P SmallCap 600 Index. Although the S&P SmallCap 600 Index seeks to measure the small cap segment of the US equity market, it may include some constituent stocks of companies that may be considered small, medium and large capitalization companies. Stratified Weight refers to the weighting methodology of the Index and is the method by which Syntax diversifies its indices by hierarchically grouping and distributing the weight of constituent companies that share Related Business Risks. Related Business Risk occurs when two or more companies earnings are affected by the same fundamental drivers (e.g. the product/ services the company makes/provides, the customers or end users the company sells to, or the inputs that it utilizes to make its product or service).

ETFs related toSSLY

ETFs correlated to SSLY include SLY, VIOO, IJR

SSLY
Syntax ETF Trust - Syntax Stratified SmallCap ETF
SLY
SPDR Series Trust - SPDR S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
SPSM
SSgA Active Trust - SPDR Portfolio S&P 600 Small Cap ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
BBSC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Small Cap Equity ETF
VIOG
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Growth ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
SLYG
SPDR Series Trust - SPDR S&P 600 Small Cap Growth ETF
EES
WisdomTree Trust - WisdomTree U.S. SmallCap Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSSLY

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SSLY using Composer

FAQ

SSLY is a US Equities ETF. The Syntax Stratified SmallCap ETF (the Fund ) seeks to provide investment results that, before expenses, track the performance of the Syntax Stratified SmallCap Index. The Index, which was created by Syntax LLC, an affiliate of the Fund s investment Advisor, is the Stratified Weight version of the widely used S&P SmallCap 600 Index and holds the same constituents as the S&P SmallCap 600 Index. Although the S&P SmallCap 600 Index seeks to measure the small cap segment of the US equity market, it may include some constituent stocks of companies that may be considered small, medium and large capitalization companies. Stratified Weight refers to the weighting methodology of the Index and is the method by which Syntax diversifies its indices by hierarchically grouping and distributing the weight of constituent companies that share Related Business Risks. Related Business Risk occurs when two or more companies earnings are affected by the same fundamental drivers (e.g. the product/ services the company makes/provides, the customers or end users the company sells to, or the inputs that it utilizes to make its product or service).

SSLY tracks the Syntax Stratified SmallCap Index.

No, SSLY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SSLY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SSLY is -0.0562%. This is the percent change in the value of SSLY over the most recent 1-month period. The 3-month return on SSLY is 0.0343%. This is the percent change in the value of SSLY over the most recent 3-month period.

The standard deviation of SSLY for the past year is 0.2603%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SSLY include QQQ, IVV, and MDY.

ETFs correlated to SSLY include SLY, VIOO, and IJR.

ETFs that are inversely correlated to SSLY include TZA, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.