Syntax launched first ETF

Syntax issued its first ETF on NYSE Arca: the Syntax Stratified LargeCap ETF (SSPY). It seeks to track the performance of the Syntax Stratified LargeCap Index is the stratified-weight version of the widely-used S&P 500® Index. The index holds the same constituents as the S&P 500, but the weight of each company in the Syntax Stratified LargeCap Index is based on Syntax’s patented methodology to control exposure to related business risks (RBRs).