Syntax Stratified LargeCap ETF
Data updated: 2024-08-21
C000180762 — Syntax Stratified LargeCap ETF. United States Mid Cap Blend / Core Equity · $93.98M AUM. Holdings, fees, performance and SEC filings.
C000180762 Fund Overview
Syntax Stratified LargeCap ETF is a US ETF managed by Syntax ETF Trust, categorised as United States Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Syntax ETF Trust
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $93.98M
- 1-year return: 12.3%
- SEC CIK: 0001580843
- SEC series ID: S000056928
- Share class ID: C000180762
C000180762 Investment Objective and Strategy
Syntax Stratified LargeCap ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Syntax ETF Trust.
Investment objective
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).
Principal investment strategy
In seeking to track the performance of the Index, the Fund employs a replication strategy, which means that the Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the Index. The Fund will provide shareholders with at least 60 days' notice prior to any material change in this 95% investment policy. In addition, the Fund may invest in cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The Index, which was created by Syntax, LLC, an affiliate of the Fund's investment adviser, is the stratified-weight version of the widely used S&P 500 Index and holds the same constituents as the S&P 500.
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. The process of identifying, grouping, and diversifying across related business risk is called stratification. The Index rebalances quarterly on the third Friday of each month and will typically include 500 components equally allocated across eight industry sectors: consumer, energy, financials, food, healthcare, industrials, information, and information tools. The market capitalization of companies in the S&P 500 Index as of September 28, 2018 was between $1,035.8 billion and $1.7 billion.
Please see the Additional Strategies Information section of the Fund's prospectus for more information on the methodology of the Syntax Indices.
C000180762 Holdings
Top 10 holdings of Syntax Stratified LargeCap ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Exxon Mobil Corp | 0.82% |
| Chevron Corp | 0.79% |
| TJX Cos Inc/The | 0.79% |
| Walmart Inc | 0.78% |
| Sysco Corp | 0.78% |
| Synchrony Financial | 0.78% |
| Ross Stores Inc | 0.77% |
| Kroger Co/The | 0.77% |
| Costco Wholesale Corp | 0.77% |
| Discover Financial Services | 0.74% |
C000180762 Portfolio Allocation
Asset-class allocation of Syntax Stratified LargeCap ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
C000180762 Performance
Total returns for C000180762 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 12.3% |
| 3 years (annualised) | 5.9% |
C000180762 Risk Information
Risk metrics for C000180762, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.2%
C000180762 Costs and Fees
C000180762 costs about $30 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.30%
- Gross expense ratio: 0.45%
- Portfolio turnover: 23%
- Brokerage commissions: 2.01 bps of average net assets (SEC N-CEN)
C000180762 Cashflows
Over the 12 months to 2024-06, Syntax Stratified LargeCap ETF had net outflows of $12.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-06 | $0 |
| 2024-05 | $1.88M |
| 2024-04 | $0 |
| 2024-03 | −$1.86M |
| 2024-02 | −$5.40M |
| 2024-01 | $0 |
C000180762 Debt Constituents
No individual debt constituents are reported in Syntax Stratified LargeCap ETF's latest SEC N-PORT filing.
C000180762 Prospectus and SEC Filings
Official Syntax Stratified LargeCap ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-26
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus supplement (497) — filed 2023-05-03
- Portfolio holdings (N-PORT) — filed 2024-08-21
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2024-02-27
- Annual census (N-CEN) — filed 2024-03-13
- Annual census (N-CEN) — filed 2023-03-16
Related Funds
Other United States Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.