FYI: riday saw the arrival of another ETF newcomer when Syntax ETF Trust launched a fund tracking a reweighted version of the S&P 500 Index. The Syntax Stratified LargeCap ETF (SSPY) takes the popular index’s components and weights them according to their shared business risks.
SSPY comes with an expense ratio of 0.30% and lists on the NYSE Arca exchange.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/newcomers-etf-reweights-sp-500