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About Stratified LargeCap Index ETF
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Inception date
Jan 4, 2019
Structure
Open-Ended Fund
Replication method
Physical
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.74%
Finance13.30%
Technology Services11.12%
Consumer Non-Durables9.57%
Electronic Technology9.20%
Retail Trade7.39%
Health Technology6.88%
Utilities6.56%
Consumer Services6.44%
Producer Manufacturing5.10%
Energy Minerals4.30%
Health Services3.77%
Consumer Durables3.20%
Industrial Services2.92%
Process Industries2.23%
Distribution Services2.15%
Transportation1.73%
Commercial Services1.42%
Non-Energy Minerals1.36%
Communications1.01%
Miscellaneous0.09%
Bonds, Cash & Other0.26%
Cash0.26%
Stock breakdown by region
North America97.12%
Europe2.88%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SSPY invests in stocks. The fund's major sectors are Finance, with 13.30% stocks, and Technology Services, with 11.12% of the basket. The assets are mostly located in the North America region.
SSPY top holdings are Capital One Financial Corp and Synchrony Financial, occupying 1.04% and 1.02% of the portfolio correspondingly.
SSPY last dividends amounted to 0.27 USD. The year before, the issuer paid 2.36 USD in dividends, which shows a 759.86% decrease.
SSPY assets under management is 124.64 M USD. It's fallen 0.15% over the last month.
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.
Yes, SSPY pays dividends to its holders with the dividend yield of 3.05%. The last dividend (Dec 31, 2024) amounted to 0.27 USD. The dividends are paid annually.
SSPY shares are issued by Cottonwood ETF Holdings LLC under the brand Stratified. The ETF was launched on Jan 4, 2019, and its management style is Passive.
SSPY expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
SSPY follows the Syntax Stratified LargeCap Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SSPY invests in stocks.
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.
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 trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.