Stratified LargeCap Index ETFStratified LargeCap Index ETFStratified LargeCap Index ETF

Stratified LargeCap Index ETF

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Key stats


Assets under management (AUM)
‪124.64 M‬USD
Fund flows (1Y)
‪77.14 M‬USD
Dividend yield (indicated)
3.05%
Discount/Premium to NAV
0.02%
Shares outstanding
‪1.46 M‬
Expense ratio
0.45%

About Stratified LargeCap Index ETF


Issuer
Cottonwood ETF Holdings LLC
Brand
Stratified
Inception date
Jan 4, 2019
Structure
Open-Ended Fund
Index tracked
Syntax Stratified LargeCap Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
Foreside Fund Services LLC
ISIN
US30151E5336
SSPYs index aims to provide equal exposure to companies that share related business risks, using a proprietary stratified weighting methodology. The fund manager sorts S&P 500 companies into groups based on their underlying business functions and relationships such as common suppliers, customers, competitors, and products. When two or more companies earnings are affected by these fundamental drivers, they are grouped, and their weight is redistributed across the other components. The objective is to provide a more unbiased return on the large-cap space than market-cap-weighted funds. Rebalanced quarterly, the index includes 500 components from all eight industry sectors. On September 27, 2024, the fund acquired all assets and liabilities of the Syntax Stratified ETF suite, LargeCap, MidCap, SmallCap, Total Market II, and U.S. Total Market ETF (SYUS), which had about $50.1 million combined AUM.

Broaden your horizons with more funds linked to SSPY via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Equal
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Technology Services
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SSPY trades at 86.41 USD today, its price has risen 1.04% in the past 24 hours. Track more dynamics on SSPY price chart.
SSPY net asset value is 86.39 today — it's risen 1.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SSPY assets under management is ‪124.64 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SSPY price has risen by 1.04% over the last month, and its yearly performance shows a 9.91% increase. See more dynamics on SSPY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.31% over the last month, showed a 5.55% increase in three-month performance and has increased by 10.60% in a year.
SSPY fund flows account for ‪77.14 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SSPY invests in stocks. See more details in our Analysis section.
SSPY expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SSPY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SSPY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SSPY shows the buy signal. See more of SSPY technicals for a more comprehensive analysis.
Yes, SSPY pays dividends to its holders with the dividend yield of 3.05%.
SSPY trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SSPY shares are issued by Cottonwood ETF Holdings LLC
SSPY follows the Syntax Stratified LargeCap Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 4, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.