smdy indicatorsmdy indicator

Syntax Stratified

MidCap

SMDY

The Stratified Weight version of the S&P 400®.

smdy index

Fund Snapshot

As of February 27, 2024

NAV $41.50
Market Price $41.50
Premium/Discount 0.00%
Rolling 30 Day Bid/Ask 0.12%

About SMDY

Same stocks as the S&P 400® Index – reweighted and rebalanced using the Stratified Weight Methodology

Seeks to provide investment results that, before expenses, track the performance of the Syntax Stratified MidCap Index.

Compared to capitalization weighted indexes, the Stratified approach may provide the following potential advantages:

  • Reduce the negative impact of a significant correction in an overweight sector
  • Increase the chance of participating in all sectors during a market rally
  • Capture a fuller range of market opportunities

Fund Details

As of January 31, 2024

Net Assets $9,973,503.30
Ticker SMDY
CUSIP 87166N205
Asset Class Equity
Listing Exchange NYSE Arca
Fund Inception Date January 1, 2015
Gross Expense Ratio 0.45
Net Expense Ratio* 0.35

Index Details

As of January 31, 2024

Index Name Syntax Stratified MidCap Index
Index Ticker SYMID
Index Provider Syntax, LLC
Weighting Method Stratified Weight
Rebalance Quarterly
Currency USD
Inception Date December 27, 2016
Number of Holdings 401
Ticker Name Weight (%) Shares Market Value
COTY COTY INC CL A 1.89 14,820 $196,513.20
SMG SCOTTS MIRACLE GRO CO 1.67 2,842 $172,964.12
SMCI SUPER MICRO COMPUTER INC 1.15 140 $119,155.40
DOCS DOXIMITY INC CLASS A 0.86 3,113 $89,218.58
LNW LIGHT + WONDER INC 0.85 908 $87,712.80
ARWR ARROWHEAD PHARMACEUTICALS IN 0.82 2,730 $85,080.45
ZD ZIFF DAVIS INC 0.81 1,208 $83,823.12
GDDY GODADDY INC CLASS A 0.80 733 $83,100.21
AMKR AMKOR TECHNOLOGY INC 0.78 2,654 $80,973.54
WING WINGSTOP INC 0.76 233 $78,989.33

Holdings are subject to change.

MONTHLY End Returns

As of January 31, 2024

MTD QTD YTD 1y 3y 5y Incept.
SMDY NAV (%) -2.39 -2.39 -2.39 3.84 5.81 9.78 8.74
SMDY Market Price (%) -2.23 -2.23 -2.23 4.16 5.79 - -

QUARTER End Returns

As of December 31, 2023

QTD YTD 1y 3y 5y Incept.
SMDY NAV (%) 12.27 17.29 17.29 7.72 12.57 9.12
SMDY Market Price (%) 12.26 17.30 17.30 7.61 - -

CALENDAR YEAR Returns

As of December 31, 2022

2015 2016 2017 2018 2019 2020 2021 2022
SMDY NAV (%) -4.12 19.25 14.82 -7.58 23.35 17.22 21.95 -12.61
SMDY Market Price (%) - - - - - - 21.66 -12.67

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