Stratified LargeCap Index ETF
SSPY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1330 Connecticut Avenue NW, Suite 250 Washington DC United States of America 20036
- IPO Date
- Dec 31, 2014
- CIK
- 0001580843
- Website
- stratifiedfunds.com
- Similar Companies
- Business
- Stratified LargeCap Index ETF (SSPY) is a passively managed exchange-traded fund that seeks to provide investment results that, before expenses, correspond generally to the total return performance of the Syntax Stratified LargeCap Index. The fund holds all constituents of the S&P 500 Index but reweights them using Syntax's proprietary Stratified Weight™ methodology, which groups companies into eight distinct sectors—consumer, energy, financials, food, health care, industrials, information, and information tools—based on a patented Functional Information System (FIS®) to diversify related business risks; each sector receives equal allocation, with quarterly rebalancing. Launched on January 4, 2019, as the successor to the Syntax Stratified LargeCap ETF (originally from Syntax ETF Trust), SSPY is issued by Exchange Traded Concepts, LLC, with Syntax, LLC providing the underlying index, and is domiciled in the United States; it primarily serves investors seeking diversified large-cap U.S. equity exposure with an expense ratio of 0.45% and assets under management exceeding $124 million. In September 2024, SSPY underwent a significant reorganization announced by Exchange Traded Concepts, LLC and Syntax Advisors, LLC, consolidating assets from multiple Syntax Stratified ETFs—including Syntax Stratified MidCap ETF (SMDY), Syntax Stratified SmallCap ETF (SSLY), Syntax Stratified U.S. Total Market ETF (SYUS), and Syntax Stratified Total Market II ETF (SYII)—into SSPY effective after market close on September 27, 2024, at exchange ratios based on net asset values (e.g., 0.558708 SYUS-to-SSPY shares); this taxable event for certain acquired funds streamlined the product lineup under ETC's platform, boosting SSPY's assets to approximately $87.6 million post-reorganization. The transaction positioned ETC as the investment advisor, with Foreside Fund Services, LLC as distributor, and introduced portfolio managers including Andrew Serowik, Gabriel Tan, Todd Alberico, and Brian Cooper effective September 19, 2024. No further major partnerships, funding rounds, acquisitions, or product launches have been reported for SSPY through late 2025.