ETF overview
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 products. When two or more companies earnings are affected by these fundamental drivers, they are grouped, and their weight is redistributed across the other components. The objective is to provide a more unbiased return on the large-cap space than market-cap-weighted funds. Rebalanced quarterly, the index includes 500 components from all eight industry sectors. On September 27, 2024, the fund acquired all assets and liabilities of the Syntax Stratified ETF suite, LargeCap, MidCap, SmallCap, Total Market II, and U.S. Total Market ETF (SYUS), which had about $50.1 million combined AUM.
Fund facts
- Expense ratio
- 0.45%
- Fund assets
- 129.71M USD (all share classes)
- Issuer
- Stratified
- Inception date
- Jan 2, 2019
- Number of holdings
- 506
Breakdown
Holdings (506)
| Name | Ticker | Weight |
|---|---|---|
| MICROSOFT CORP | MSFT | 1.12% |
| SYNCHRONY FINANCIAL | SYF | 1.00% |
| INTL BUSINESS MACHINES CORP | IBM | 0.99% |
| CAPITAL ONE FINANCIAL CORP | COF | 0.98% |
| TJX COMPANIES INC | TJX | 0.89% |
| WALMART INC. | WMT | 0.85% |
| COSTCO WHOLESALE CORP | COST | 0.83% |
| KROGER CO | KR | 0.83% |
| ROSS STORES INC | ROST | 0.79% |
| SYSCO CORP | SYY | 0.76% |
| and 493 more | ||
Similar ETFs
- Invesco S&P 500 Equal Weight ETFRSP · Overlap 71% · Expense ratio 0.20%
- iShares MSCI USA Equal Weighted ETFEUSA · Overlap 62% · Expense ratio 0.09%
- Invesco S&P 500 Equal Weight UCITS ETF (Dist)SPED.L · Overlap 71% · Expense ratio 0.20%
- BetaShares - S&P 500 Equal Weight ETFQUS.AX · Overlap 71% · Expense ratio 0.29%
- Xtrackers IIXDEW.L · Overlap 71% · Expense ratio 0.15%
- Xtrackers S&P 500 Equal Weight UCITS ETF 2C EUR HedgedXDEE.DE · Overlap 71% · Expense ratio 0.30%
- iShares S&P 500 Equal Weight UCITS ETFEWSP.L · Overlap 71% · Expense ratio 0.15%
- Goldman Sachs Equal Weight U.S. Large Cap Equity ETFGSEW · Overlap 60% · Expense ratio 0.09%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.45%
- Fund assets
- 129.71M USD (all share classes)
- Issuer
- Stratified
- Inception date
- Jan 2, 2019
- Number of holdings
- 506
| Name | Ticker | Weight |
|---|---|---|
| MICROSOFT CORP | MSFT | 1.12% |
| SYNCHRONY FINANCIAL | SYF | 1.00% |
| INTL BUSINESS MACHINES CORP | IBM | 0.99% |
| CAPITAL ONE FINANCIAL CORP | COF | 0.98% |
| TJX COMPANIES INC | TJX | 0.89% |
| WALMART INC. | WMT | 0.85% |
| COSTCO WHOLESALE CORP | COST | 0.83% |
| KROGER CO | KR | 0.83% |
| ROSS STORES INC | ROST | 0.79% |
| SYSCO CORP | SYY | 0.76% |
| and 493 more | ||
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 products. When two or more companies earnings are affected by these fundamental drivers, they are grouped, and their weight is redistributed across the other components. The objective is to provide a more unbiased return on the large-cap space than market-cap-weighted funds. Rebalanced quarterly, the index includes 500 components from all eight industry sectors. On September 27, 2024, the fund acquired all assets and liabilities of the Syntax Stratified ETF suite, LargeCap, MidCap, SmallCap, Total Market II, and U.S. Total Market ETF (SYUS), which had about $50.1 million combined AUM.
- Invesco S&P 500 Equal Weight ETFRSP · Overlap 71% · Expense ratio 0.20%
- iShares MSCI USA Equal Weighted ETFEUSA · Overlap 62% · Expense ratio 0.09%
- Invesco S&P 500 Equal Weight UCITS ETF (Dist)SPED.L · Overlap 71% · Expense ratio 0.20%
- BetaShares - S&P 500 Equal Weight ETFQUS.AX · Overlap 71% · Expense ratio 0.29%
- Xtrackers IIXDEW.L · Overlap 71% · Expense ratio 0.15%
- Xtrackers S&P 500 Equal Weight UCITS ETF 2C EUR HedgedXDEE.DE · Overlap 71% · Expense ratio 0.30%
- iShares S&P 500 Equal Weight UCITS ETFEWSP.L · Overlap 71% · Expense ratio 0.15%
- Goldman Sachs Equal Weight U.S. Large Cap Equity ETFGSEW · Overlap 60% · Expense ratio 0.09%
Overlap is the share of assets the two funds hold in common.
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