Syntax Stratified MidCap (SMDY)
Syntax Stratified MidCap operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $44.16, up 0.26% on the session, giving a market capitalisation of $6.8M. Its beta of 1.04 implies it has historically moved more than the broad market.
Under typical market conditions, this fund intends to allocate a minimum of 95%—and usually the substantial majority—of its overall assets into the underlying investments of its benchmark index. This particular index, crafted by Syntax LLC (an entity linked to the fund's investment adviser), applies a stratified-weighting approach to the established S&P MidCap 400 Index, while maintaining the identical roster of constituent companies found within the S&P MidCap 400.
Syntax Stratified MidCap is most often compared with the following Financial Services names: