Fund Snapshot
As of September 20, 2023
NAV | $37.49 |
---|---|
Market Price | $37.50 |
Premium/Discount | 0.03% |
Rolling 30 Day Bid/Ask | 0.18% |
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 August 31, 2023
Net Assets | $10,692,552.67 |
---|---|
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 August 31, 2023
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 |
Top 10 Holdings
As of
Ticker | Name | Weight (%) | Shares | Market Value |
---|---|---|---|---|
MKSI | MKS INSTRUMENTS INC | 1.12 | 1,172 | $96,854.08 |
AZTA | AZENTA INC | 1.08 | 2,197 | $94,163.42 |
IRDM | IRIDIUM COMMUNICATIONS INC | 0.89 | 1,739 | $77,159.43 |
TRIP | TRIPADVISOR INC | 0.79 | 3,112 | $68,712.96 |
ZD | ZIFF DAVIS INC | 0.79 | 1,003 | $68,685.44 |
NBIX | NEUROCRINE BIOSCIENCES INC | 0.77 | 629 | $66,806.09 |
LNW | LIGHT + WONDER INC | 0.76 | 1,546 | $66,292.48 |
HALO | HALOZYME THERAPEUTICS INC | 0.74 | 1,626 | $64,292.04 |
UTHR | UNITED THERAPEUTICS CORP | 0.74 | 305 | $63,860.90 |
VSAT | VIASAT INC | 0.73 | 2,105 | $63,634.15 |
Holdings are subject to change.
MONTHLY End Returns
As of August 31, 2023
MTD | QTD | YTD | 1y | 3y | 5y | Incept. | |
---|---|---|---|---|---|---|---|
SMDY NAV (%) | -3.34 | 0.44 | 10.39 | 11.71 | 12.47 | 6.95 | 8.72 |
SMDY Market Price (%) | -3.26 | 0.36 | 10.45 | 11.64 | 12.42 | - | - |
QUARTER End Returns
As of June 30, 2023
QTD | YTD | 1y | 3y | 5y | Incept. | |
---|---|---|---|---|---|---|
SMDY NAV (%) | 4.85 | 9.92 | 17.62 | 15.26 | 8.13 | 8.85 |
SMDY Market Price (%) | 4.96 | 10.05 | 18.04 | 15.28 | - | - |
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 |