SSPY - Stratified LargeCap Index ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 100.55 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.83 Company Description SSPYs index aims to provide equal exposure to companies that share related business risks using a proprietary stratified weighting methodology The fund manager sorts SP 500 companies into groups based on their underlying business functions and relationships such as common suppliers customers competitors and products When two or more companies earnings are affected by these fundamental drivers they are grouped and their weight is redistributed across the other components The objective is to provide a more unbiased return on the largecap space than marketcapweighted funds Rebalanced quarterly the index includes 500 components from all eight industry sectors On September 27 2024 the fund acquired all assets and liabilities of the Syntax Stratified ETF suite LargeCap MidCap SmallCap Total Market II and US Total Market ETF SYUS which had about 501 million combined AUM