smdy indicatorsmdy indicator

Syntax Stratified

MidCap

SMDY

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

smdy index

Fund Snapshot

As of July 30, 2021

NAV $40.18
Market Price $40.18
Premium/Discount 0.00%
Rolling 30 Day Bid/Ask 0.22%

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 July 30, 2021

Net Assets $10,045,823.45
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 July 30, 2021

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 400
Ticker Name Weight (%) Shares Market Value
JCOM J2 GLOBAL INC 0.86 634 $87,206.70
SGMS SCIENTIFIC GAMES CORP 0.83 1,082 $83,790.08
LITE LUMENTUM HOLDINGS INC 0.82 1,015 $83,260.45
COR CORESITE REALTY CORP 0.82 616 $82,913.60
NATI NATIONAL INSTRUMENTS CORP 0.81 1,937 $81,896.36
AZPN ASPEN TECHNOLOGY INC 0.80 587 $80,735.98
YELP YELP INC 0.79 2,011 $80,359.56
CIEN CIENA CORP 0.78 1,392 $79,190.88
NCR NCR CORPORATION 0.77 1,717 $78,312.37
TRIP TRIPADVISOR INC 0.76 1,901 $76,610.30

Holdings are subject to change.

MONTHLY End Returns

As of July 31, 2021

MTD QTD YTD 1y 3y 5y Incept.
NAV (%) -0.82 -0.82 17.47 46.78 13.33 14.24 11.62
Market Price (%) -0.94 -0.94 17.14 47.04 - - -

QUARTER End Returns

As of June 30, 2021

QTD YTD 1y 3y 5y Incept.
NAV (%) 3.53 18.44 54.81 14.34 15.66 11.92
Market Price (%) 3.44 18.25 54.95 - - -

CALENDAR YEAR Returns

As of December 31, 2020

2015 2016 2017 2018 2019 2020
NAV (%) -4.12 19.25 14.82 -7.58 23.35 17.22
Market Price (%) - - - - - -

Premium Discount

Days traded at premium 116 39
Days traded at discount 92 17
Days traded at premium 116 39
Days traded at discount 92 17
Days traded at premium 116 39
Days traded at discount 92 17
Days traded at premium 116 39
Days traded at discount 92 17
Days traded at premium 116 39
Days traded at discount 92 17
Days traded at premium 116 39
Days traded at discount 92 17