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ETFs

Syntax Stratified U.S. Total Market Hedged ETF

SHUS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 15 2021
Expense Ratio
0.65%
Type
US Equities
Fund Owner
Syntax
Volume (1m avg. daily)
$63,150
AUM
$36,284,782
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SSPY
Syntax ETF Trust - Syntax Stratified LargeCap ETF
78.48%
SMDY
Syntax ETF Trust - Syntax Stratified MidCap ETF
9.22%
SSLY
Syntax ETF Trust - Syntax Stratified SmallCap ETF
4.60%
n/a
SPDR S+P 500 ETF TRUST DEC24 460 PUT
4.14%
n/a
SPDR S+P 500 ETF TRUST DEC24 455 CALL
1.90%
n/a
SPDR S+P 500 ETF TRUST DEC24 375 PUT
1.48%
n/a
SPDR S+P 500 ETF TRUST DEC24 500 CALL
0.64%
n/a
US DOLLAR
0.15%
n/a
NET OTHER ASSETS
-0.02%
n/a
SPDR S+P 500 ETF TRUST DEC24 540 CALL
-0.19%
Invest with SHUS

What is SHUS?

The Fund seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500 Index over a full market cycle by investing in exchange traded funds or underlying securities that provide Stratified Weight U.S. total equity market exposure. Using the Stratified Defined Risk Strategy, the fund combines Syntax s Stratified Weight Methodology with the Defined Risk Strategy of Swan Global Investments, LLC. The Fund seeks to reduce market risk by buying S&P 500 Index put options to limit overall portfolio downside loss. In an effort to generate additional returns, the Fund will also buy and sell options on equity indices including different expiration dates and engage in various option spread strategies. Each option strategy includes a hedging element so that the Fund is not exposed to significant losses on written options.

ETFs related toSHUS

ETFs correlated to SHUS include CVRD, IMCV, EQAL

SHUS
Syntax ETF Trust - Syntax Stratified U.S. Total Market Hedged ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
FLQM
Franklin Templeton ETF Trust - Franklin U.S. Mid Cap Multifactor Index ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
VOE
Vanguard Group, Inc. - Vanguard Mid-Cap Value ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap 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.

FAQ

SHUS is a US Equities ETF. The Fund seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500 Index over a full market cycle by investing in exchange traded funds or underlying securities that provide Stratified Weight U.S. total equity market exposure. Using the Stratified Defined Risk Strategy, the fund combines Syntax s Stratified Weight Methodology with the Defined Risk Strategy of Swan Global Investments, LLC. The Fund seeks to reduce market risk by buying S&P 500 Index put options to limit overall portfolio downside loss. In an effort to generate additional returns, the Fund will also buy and sell options on equity indices including different expiration dates and engage in various option spread strategies. Each option strategy includes a hedging element so that the Fund is not exposed to significant losses on written options.

Yes, SHUS is actively 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.

No, SHUS is not passively managed. It is actively 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 SHUS is -0.0131%. This is the percent change in the value of SHUS over the most recent 1-month period. The 3-month return on SHUS is -0.0027%. This is the percent change in the value of SHUS over the most recent 3-month period.

The standard deviation of SHUS for the past year is 0.1458%. 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 SHUS include PKW, VIXY, and XYLD.

ETFs correlated to SHUS include CVRD, IMCV, and EQAL.

ETFs that are inversely correlated to SHUS include RWM, TZA, 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.