SMDYSyntax Stratified MidCap ETF
SMDY Fund Description
SMDY tracks an index that holds all constituents of the S&P 400 Index, reweighted to diversify related business risk.
SMDY Factset Analytics Insight
SMDY is passively managed to hold the same constituents as the S&P MidCap 400 but is a stratified-weight version. Using this Syntax’s patented weighting methodology, the fund controls exposure to related business risks (RBRs) by hierarchically grouping and distributing the weight of the Index constituent companies that share RBRs. RBRs occurs when two or more companies’ earnings are affected by the same fundamental drivers. The index is rebalanced quarterly and will typically include 400 components allocated across eight industry sectors: consumer, energy, financials, food, healthcare, industrials, information, and information tools. Prior to the inception date the strategy was available as a privately held fund.
SMDY MSCI ESG Analytics Insight
Syntax Stratified MidCap ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.31 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Syntax Stratified MidCap ETF ranks in the 31st percentile within its peer group and in the 43th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SMDY MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SMDY Summary Data
SMDY Portfolio Data
SMDY Index Data
SMDY Portfolio Management
SMDY Tax Exposures
SMDY Fund Structure
SMDY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SMDY. SMDY is rated a 4 out of 5.
SMDY Sector/Industry Breakdown
SMDY Economic Development
SMDY Performance Statistics
SMDY MSCI ESG Ratings
SMDY Benchmark Comparison Summary
SMDY Benchmark Comparison Market Cap Size