Syntax Stratified MidCap ETF (SMDY)
SMDY is a passive ETF by Syntax Advisors tracking the investment results of the Syntax Stratified MidCap Index. SMDY launched on Jan 1, 2015 and has a 0.35% expense ratio.
ETF Info
Jan 1, 2015
North America (U.S.)
1x
Syntax Stratified MidCap Index
Mid-Cap
Blend
Expense Ratio
SMDY features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Syntax Stratified MidCap ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SMDY
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^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of SMDY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.24% | 4.56% | 4.32% | -5.65% | 4.02% | -0.78% | 4.83% | -0.01% | 9.77% | ||||
| 2023 | 10.10% | -1.95% | -2.87% | -0.81% | -2.25% | 8.25% | 3.76% | -3.26% | -5.40% | -6.05% | 9.63% | 9.01% | 17.31% |
| 2022 | -6.68% | 0.40% | 1.85% | -7.64% | 0.99% | -8.54% | 10.00% | -3.55% | -10.03% | 10.97% | 6.31% | -4.77% | -12.69% |
| 2021 | 2.92% | 5.96% | 4.83% | 4.01% | 0.02% | -0.58% | -0.93% | 1.29% | -3.54% | 4.32% | -3.41% | 5.46% | 21.62% |
| 2020 | -4.76% | -10.10% | -19.51% | 17.46% | 7.31% | 1.46% | 4.40% | 3.66% | -4.02% | 1.74% | 15.20% | 7.64% | 15.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SMDY is 31, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Syntax Stratified MidCap ETF (SMDY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Syntax Stratified MidCap ETF provided a 0.89% dividend yield over the last twelve months, with an annual payout of $0.70 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.70 | $0.44 | $0.36 | $0.94 | $0.30 |
Dividend yield | 0.89% | 1.07% | 1.02% | 2.30% | 0.88% |
Monthly Dividends
The table displays the monthly dividend distributions for Syntax Stratified MidCap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $0.94 |
| 2020 | $0.30 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Syntax Stratified MidCap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Syntax Stratified MidCap ETF was 41.24%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.24% | Feb 21, 2020 | 22 | Mar 23, 2020 | 161 | Nov 9, 2020 | 183 |
| -24.11% | Nov 9, 2021 | 225 | Sep 30, 2022 | 309 | Dec 22, 2023 | 534 |
| -8.24% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -7.45% | Apr 1, 2024 | 14 | Apr 18, 2024 | 19 | May 15, 2024 | 33 |
| -7.24% | Apr 29, 2021 | 56 | Jul 19, 2021 | 74 | Nov 1, 2021 | 130 |
Volatility
Volatility Chart
The current Syntax Stratified MidCap ETF volatility is 4.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.