Syntax Stratified Total Market II ETF
SYII
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
FRC
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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
- United States of America
- IPO Date
- Jun 17, 2022
- Similar Companies
- Business
- Syntax Stratified Total Market II ETF (SYII) is an exchange-traded fund that seeks capital growth exceeding the S&P Composite 1500 Index over a full market cycle by providing Stratified Weight exposure to approximately 90% of the total U.S. market capitalization through a fund-of-funds structure investing in stratified-weight ETFs covering large-cap, mid-cap, and small-cap U.S. equities across diversified sectors including finance, technology services, electronic technology, consumer non-durables, retail trade, utilities, health technology, producer manufacturing, and energy minerals; it held 504 positions with low concentration in the top 10 holdings at 8.72%. The ETF targets growth and value stocks representative of broad U.S. equity market segments, utilizing Syntax's proprietary Stratified Weight methodology to reduce sector biases compared to traditional cap-weighted indexes. Launched on June 13, 2022, by Syntax Advisors LLC, a New York-based investment adviser founded in 2009 and headquartered at 1 Liberty Plaza, 46th Floor, New York, NY, the fund operated primarily in the U.S. market with minimal international exposure. In a major strategic reorganization completed on September 30, 2024, following shareholder approval, SYII was consolidated into the Stratified LargeCap Index ETF (NYSE: SSPY) under Exchange Traded Concepts, LLC (ETC), an Oklahoma City-based ETF sponsor and investment adviser; this merger involved transferring assets at a 0.630615 exchange ratio based on NAV as of September 27, 2024, alongside the combination of Syntax Stratified MidCap ETF (SMDY), SmallCap ETF (SSLY), and U.S. Total Market ETF (SYUS) into SSPY to enhance operating efficiencies, scale assets under management to approximately $87.6 million, and leverage ETC's platform supporting over 50 ETFs. The reorganization marked no further independent operations for SYII, with shareholders automatically receiving SSPY shares at NAV equivalence (cash for fractions), positioning the combined entity for improved distribution and growth under ETC's management while retaining Syntax's Stratified Weight methodology aligned with the S&P 500 constituents.