SHUSStratified LargeCap Hedged ETF
Seeks to obtain capital growth.
By Syntax · Launched 2021
0.79%
#4,056 of 5,573 · expensive
$24M
#4,230 of 5,573 · small
1.27%
5 years
#2,399 of 5,573 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
Syntax Stratified LargeCap Index
What it actually holds
By weightConcentration
Top 4 holdings = 101.3% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to obtain capital growth.
- Strategy
- Actively managed ETF investing in equity securities, including common stocks and ETFs, tracking the Syntax Stratified LargeCap Index. Employs risk management strategies, including option spreads, to limit downside risk and enhance returns.
- Inception date
- June 15, 2021
- Fund family
- Syntax
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-20