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ETFs

Syntax Stratified LargeCap ETF

SSPY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 04 2019
Expense Ratio
0.30%
Type
US Equities
Fund Owner
Syntax
Volume (1m avg. daily)
$43,958
AUM
$98,249,840
Associated Index
Syntax Stratified LargeCap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
0.84%
KR
Kroger Co.
0.81%
COST
Costco Wholesale Corp
0.80%
XOM
Exxon Mobil Corp.
0.78%
WMT
Walmart Inc
0.76%
CVX
Chevron Corp.
0.73%
SYY
Sysco Corp.
0.72%
MPC
Marathon Petroleum Corp
0.62%
WBA
Walgreens Boots Alliance Inc
0.59%
VLO
Valero Energy Corp.
0.59%
Invest with SSPY

What is SSPY?

The Syntax Stratified LargeCap ETF (the Fund ) seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the Index ). The Syntax Stratified LargeCap Index is the stratified-weight version of the widely-used S&P 500 Index. The index holds the same constituents as the S&P 500, but the weight of each company is based on Syntax s patented methodology to control exposure to related business risks (RBRs).

ETFs related toSSPY

ETFs correlated to SSPY include RSP, BKMC, CFA

SSPY
Syntax ETF Trust - Syntax Stratified LargeCap ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
CFA
Victory Portfolios II - VictoryShares US 500 Volatility Wtd ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
VLU
SPDR Series Trust - SPDR S&P 1500 Value Tilt ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
GSEW
Goldman Sachs ETF Trust - Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value 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 toSSPY

#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 SSPY using Composer

FAQ

SSPY is a US Equities ETF. The Syntax Stratified LargeCap ETF (the Fund ) seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the Index ). The Syntax Stratified LargeCap Index is the stratified-weight version of the widely-used S&P 500 Index. The index holds the same constituents as the S&P 500, but the weight of each company is based on Syntax s patented methodology to control exposure to related business risks (RBRs).

SSPY tracks the Syntax Stratified LargeCap Index.

No, SSPY 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, SSPY 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 SSPY is -0.0891%. This is the percent change in the value of SSPY over the most recent 1-month period. The 3-month return on SSPY is -0.0493%. This is the percent change in the value of SSPY over the most recent 3-month period.

The standard deviation of SSPY for the past year is 0.2162%. 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 SSPY include SPY, IWM, and MDY.

ETFs correlated to SSPY include RSP, BKMC, and CFA.

ETFs that are inversely correlated to SSPY include SPDN, SDS, and SH.

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.