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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)
$9,576
AUM
$15,976,927
Associated Index
Syntax Stratified SmallCap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VCEL
Vericel Corp
0.63%
SANM
Sanmina Corp
0.61%
CTRE
CareTrust REIT Inc
0.61%
PRFT
Perficient Inc.
0.61%
PLXS
Plexus Corp.
0.60%
PLUS
ePlus Inc
0.60%
HVT
Haverty Furniture Cos., Inc.
0.59%
CCSI
Consensus Cloud Solutions Inc
0.58%
EMBC
Embecta Corp
0.58%
CHCT
Community Healthcare Trust Inc
0.57%
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 IJR, SPSM, VIOO

SSLY
Syntax ETF Trust - Syntax Stratified SmallCap ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
SPSM
SPDR Series Trust - SPDR Portfolio S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
GSSC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
VIOV
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Value ETF
VIOG
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Growth ETF

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

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

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 -0.0423%. This is the percent change in the value of SSLY over the most recent 1-month period. The 3-month return on SSLY is -0.0388%. 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 0.2161%. 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 IVV, IJH, and MDY.

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

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

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.