About SHUS
The Fund seeks to obtain capital growth that meets or exceeds the performance of the S&P Composite 1500 Index over a full market cycle by investing in exchange traded funds or underlying securities that provide Stratified Weight U.S. total equity market exposure. Using the Stratified Defined Risk Strategy, the fund combines Syntax’s Stratified Weight Methodology with the Defined Risk Strategy of Swan Global Investments, LLC.
The Defined Risk Strategy
The Fund seeks to reduce market risk by buying S&P 500 Index put options to limit overall portfolio downside loss. In an effort to generate additional returns, the Fund will also buy and sell options on equity indices including different expiration dates and engage in various option spread strategies. Each option strategy includes a hedging element so that the Fund is not exposed to significant losses on written options.
Fund Snapshot
As of September 5, 2024
NAV | $42.11 |
---|---|
Market Price | $42.05 |
Premium/Discount | -0.14% |
Rolling 30 Day Bid/Ask | 0.77% |
Fund Details
As of August 30, 2024
Net Assets | $33,097,857.64 |
---|---|
Ticker | SHUS |
CUSIP | 87166N502 |
Asset Class | Equity |
Listing Exchange | NYSE Arca |
Fund Inception Date | June 15, 2021 |
Gross Expense Ratio | 1.29 |
Net Expense Ratio* | 0.65 |
Top 10 Holdings
Ticker | Name | Weight (%) | Shares | Market Value |
---|---|---|---|---|
SSPY | SYNTAX STRATIFIED LARGECAP ETF | 82.19 | 354,231 | $26,591,341.86 |
SMDY | SYNTAX STRATIFIED MIDCAP ETF | 9.77 | 74,452 | $3,159,348.28 |
SSLY | SYNTAX STRATIFIED SMALLCAP ETF | 4.87 | 36,487 | $1,575,756.77 |
SPYX192549000.U | SPDR S+P 500 ETF TRUST DEC25 490 PUT | 3.06 | 60,400 | $989,352.00 |
US DOLLAR | 0.14 | 46,766 | $46,766.05 | |
NET OTHER ASSETS | -0.03 | 1 | -$9,104.55 |
Holdings are subject to change.
MONTHLY End Returns
As of August 31, 2024
MTD | QTD | YTD | 1y | 3y | 5y | Incept. | |
---|---|---|---|---|---|---|---|
SHUS NAV (%) | 1.26 | 5.60 | 5.39 | 9.36 | 3.34 | - | 3.52 |
SHUS Market Price (%) | 0.85 | 5.75 | 5.43 | 9.31 | 3.32 | - | 3.50 |
QUARTER End Returns
As of June 30, 2024
QTD | YTD | 1y | 3y | 5y | Incept. | |
---|---|---|---|---|---|---|
SHUS NAV (%) | -3.89 | -0.20 | 3.74 | 2.18 | - | 1.88 |
SHUS Market Price (%) | -3.95 | -0.30 | 3.81 | 2.10 | - | 1.82 |
CALENDAR YEAR Returns
As of December 31, 2023
2021** | 2022 | 2023 | |
---|---|---|---|
SHUS NAV (%) | 3.54 | -3.53 | 6.14 |
SHUS Market Price (%) | 3.57 | -3.52 | 5.81 |