ACWI vs. SPGM ETF Comparison

Comparison of iShares MSCI ACWI Index Fund (ACWI) to SPDR Portfolio MSCI Global Stock Market ETF (SPGM)

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$112.23

Average Daily Volume

2,319,174

Number of Holdings ^*

681

* may have additional holdings in another (foreign) market

SPGM

SPDR Portfolio MSCI Global Stock Market ETF

SPGM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI ACWI IMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a free float-adjusted market capitalization-weighted index that is designed to measure the combined equity market performance of developed and emerging markets.

Grade (RS Rating)

Last Trade

$60.83

Average Daily Volume

37,258

Number of Holdings ^*

997

* may have additional holdings in another (foreign) market

Performance

Period	ACWI	SPGM
30 Days	7.36%	7.34%
60 Days	2.05%	2.06%
90 Days	7.00%	7.00%
12 Months	23.11%	22.53%

396 Overlapping Holdings

Symbol	Grade	Weight in ACWI	Weight in SPGM	Overlap
A	B	0.06%	0.26%	0.06%
AAPL	B	3.79%	3.41%	3.41%
ABBV	D	0.11%	0.38%	0.11%
ABBV	D	0.4%	0.38%	0.38%
ABBV	D	0.11%	0.19%	0.11%
ABBV	D	0.4%	0.19%	0.19%
ABNB	D	0.09%	0.05%	0.05%
ABT	F	0.24%	0.34%	0.24%
ACN	D	0.26%	0.26%	0.26%
ADBE	D	0.3%	0.35%	0.3%
ADI	A	0.14%	0.18%	0.14%
ADM	C	0.04%	0.1%	0.04%
ADP	C	0.14%	0.2%	0.14%
ADSK	D	0.06%	0.01%	0.01%
AEP	A	0.07%	0.16%	0.07%
AES	B	0.02%	0.01%	0.01%
AFL	A	0.07%	0.22%	0.07%
ALB	C	0.02%	0.01%	0.01%
ALGN	F	0.03%	0.01%	0.01%
ALL	B	0.06%	0.14%	0.06%
ALLE	D	0.02%	0.04%	0.02%
ALLY	B	0.02%	0.02%	0.02%
ALNY	C	0.02%	0.0%	0.0%
AMAT	C	0.24%	0.36%	0.24%
AMD	D	0.36%	0.29%	0.29%
AMGN	B	0.23%	0.25%	0.23%
AMT	D	0.12%	0.17%	0.12%
AMZN	B	2.34%	2.06%	2.06%
ANET	B	0.11%	0.06%	0.06%
AON	D	0.08%	0.06%	0.06%
APA	F	0.02%	0.01%	0.01%
APD	C	0.08%	0.07%	0.07%
APP	B	0.02%	0.02%	0.02%
APTV	C	0.03%	0.0%	0.0%
ATHM	B	0.0%	0.0%	0.0%
AVGO	C	0.84%	0.82%	0.82%
AXON	C	0.03%	0.03%	0.03%
AXP	A	0.2%	0.32%	0.2%
BA	F	0.14%	0.13%	0.13%
BABA	B	0.24%	0.02%	0.02%
BABA	B	0.24%	0.2%	0.2%
BAC	A	0.38%	0.46%	0.38%
BAX	F	0.02%	0.06%	0.02%
BBWI	B	0.01%	0.01%	0.01%
BCS	A	0.06%	0.06%	0.06%
BDX	F	0.09%	0.18%	0.09%
BEKE	B	0.02%	0.01%	0.01%
BEN	D	0.01%	0.06%	0.01%
BGNE	C	0.01%	0.01%	0.01%
BIDU	C	0.04%	0.04%	0.04%
BIIB	C	0.05%	0.11%	0.05%
BILI	C	0.0%	0.0%	0.0%
BILL	F	0.01%	0.01%	0.01%
BK	A	0.06%	0.15%	0.06%
BKNG	B	0.18%	0.25%	0.18%
BKR	D	0.05%	0.02%	0.02%
BLDR	D	0.03%	0.01%	0.01%
BLK	C	0.16%	0.08%	0.08%
BMY	F	0.12%	0.12%	0.12%
BRK.A	C	0.74%	0.67%	0.67%
BSX	A	0.15%	0.13%	0.13%
BURL	D	0.02%	0.0%	0.0%
BVN	B	0.01%	0.0%	0.0%
BX	C	0.12%	0.05%	0.05%
BZ	B	0.01%	0.01%	0.01%
C	A	0.17%	0.26%	0.17%
CAG	B	0.02%	0.05%	0.02%
CARR	A	0.07%	0.06%	0.06%
CAT	C	0.25%	0.3%	0.25%
CB	C	0.15%	0.29%	0.15%
CCL	F	0.02%	0.01%	0.01%
CDNS	D	0.11%	0.02%	0.02%
CEG	B	0.09%	0.13%	0.09%
CELH	C	0.02%	0.02%	0.02%
CF	F	0.02%	0.02%	0.02%
CFG	A	0.02%	0.02%	0.02%
CFLT	D	0.01%	0.0%	0.0%
CHD	A	0.04%	0.08%	0.04%
CHRW	B	0.01%	0.07%	0.01%
CHT	D	0.02%	0.09%	0.02%
CHTR	F	0.04%	0.08%	0.04%
CI	D	0.13%	0.09%	0.09%
CL	A	0.1%	0.14%	0.1%
CLF	D	0.01%	0.0%	0.0%
CLX	D	0.02%	0.11%	0.02%
CMCSA	D	0.22%	0.17%	0.17%
CME	D	0.1%	0.09%	0.09%
CMG	A	0.12%	0.12%	0.12%
CMI	A	0.05%	0.22%	0.05%
CNC	C	0.06%	0.0%	0.0%
CNI	D	0.1%	0.16%	0.1%
COF	B	0.07%	0.12%	0.07%
COIN	D	0.05%	0.05%	0.05%
COP	D	0.2%	0.21%	0.2%
COST	A	0.48%	0.55%	0.48%
CRM	D	0.38%	0.46%	0.38%
CRWD	C	0.11%	0.09%	0.09%
CSCO	D	0.27%	0.33%	0.27%
CSGP	C	0.05%	0.0%	0.0%
CSX	D	0.09%	0.19%	0.09%
CTSH	D	0.05%	0.12%	0.05%
CTVA	B	0.05%	0.08%	0.05%
CVS	F	0.1%	0.14%	0.1%
CVX	A	0.4%	0.37%	0.37%
CZR	F	0.01%	0.01%	0.01%
DASH	D	0.04%	0.03%	0.03%
DD	A	0.05%	0.08%	0.05%
DDOG	D	0.04%	0.03%	0.03%
DE	B	0.15%	0.2%	0.15%
DELL	B	0.05%	0.03%	0.03%
DEO	D	0.11%	0.08%	0.08%
DFS	C	0.04%	0.15%	0.04%
DHI	D	0.06%	0.0%	0.0%
DHR	B	0.25%	0.34%	0.25%
DIS	D	0.26%	0.28%	0.26%
DKNG	D	0.02%	0.03%	0.02%
DLR	D	0.06%	0.01%	0.01%
DLTR	D	0.03%	0.08%	0.03%
DOC	A	0.02%	0.05%	0.02%
DOCU	B	0.02%	0.01%	0.01%
DOW	B	0.06%	0.08%	0.06%
DT	D	0.02%	0.0%	0.0%
DUK	A	0.11%	0.1%	0.1%
DVN	C	0.04%	0.02%	0.02%
DXCM	D	0.07%	0.03%	0.03%
E	B	0.05%	0.06%	0.05%
EA	F	0.04%	0.0%	0.0%
EBAY	D	0.04%	0.09%	0.04%
ECL	A	0.08%	0.14%	0.08%
EIX	A	0.04%	0.11%	0.04%
EL	F	0.04%	0.1%	0.04%
ELV	A	0.17%	0.24%	0.17%
EMR	B	0.09%	0.2%	0.09%
ENPH	F	0.02%	0.01%	0.01%
EOG	C	0.1%	0.16%	0.1%
EPAM	F	0.02%	0.01%	0.01%
EQIX	D	0.1%	0.04%	0.04%
EQR	A	0.03%	0.06%	0.03%
EQT	C	0.02%	0.0%	0.0%
ETN	B	0.18%	0.23%	0.18%
ETSY	F	0.01%	0.0%	0.0%
EXAS	F	0.01%	0.01%	0.01%
EXC	B	0.05%	0.07%	0.05%
EXPE	F	0.02%	0.01%	0.01%
F	D	0.06%	0.08%	0.06%
FAST	D	0.05%	0.12%	0.05%
FCX	A	0.1%	0.05%	0.05%
FDX	C	0.08%	0.17%	0.08%
FE	A	0.03%	0.07%	0.03%
FICO	C	0.05%	0.02%	0.02%
FIS	A	0.06%	0.01%	0.01%
FOXA	B	0.02%	0.04%	0.02%
FSLR	B	0.03%	0.02%	0.02%
FTNT	F	0.05%	0.02%	0.02%
FTV	D	0.04%	0.07%	0.04%
FUTU	C	0.01%	0.01%	0.01%
GD	A	0.09%	0.24%	0.09%
GE	C	0.24%	0.14%	0.14%
GEHC	D	0.05%	0.02%	0.02%
GEV	C	0.06%	0.04%	0.04%
GILD	F	0.11%	0.15%	0.11%
GIS	B	0.05%	0.06%	0.05%
GLBE	F	0.0%	0.0%	0.0%
GLW	B	0.04%	0.12%	0.04%
GM	B	0.09%	0.08%	0.08%
GOLD	B	0.04%	0.02%	0.02%
GOOG	B	1.25%	1.19%	1.19%
GOOGL	B	1.41%	1.16%	1.16%
GPN	F	0.04%	0.0%	0.0%
GRAB	C	0.01%	0.0%	0.0%
GS	A	0.21%	0.31%	0.21%
HAL	F	0.04%	0.06%	0.04%
HCA	C	0.09%	0.02%	0.02%
HD	D	0.47%	0.51%	0.47%
HDB	D	0.07%	0.06%	0.06%
HES	B	0.06%	0.13%	0.06%
HMC	D	0.07%	0.03%	0.03%
HON	C	0.18%	0.21%	0.18%
HPE	D	0.03%	0.06%	0.03%
HPQ	C	0.04%	0.1%	0.04%
HST	D	0.02%	0.0%	0.0%
HSY	B	0.04%	0.15%	0.04%
HTHT	B	0.01%	0.0%	0.0%
HUBS	D	0.04%	0.02%	0.02%
IBM	D	0.21%	0.24%	0.21%
IBN	C	0.1%	0.17%	0.1%
IDXX	D	0.06%	0.01%	0.01%
IFF	A	0.03%	0.02%	0.02%
ILMN	F	0.02%	0.01%	0.01%
INTC	F	0.18%	0.19%	0.18%
INTU	D	0.25%	0.38%	0.25%
IQ	C	0.0%	0.01%	0.0%
IR	D	0.05%	0.12%	0.05%
ISRG	C	0.19%	0.09%	0.09%
ITW	D	0.1%	0.13%	0.1%
JCI	B	0.06%	0.16%	0.06%
JNJ	D	0.5%	0.41%	0.41%
JNPR	D	0.01%	0.06%	0.01%
JPM	A	0.8%	0.83%	0.8%
K	B	0.02%	0.05%	0.02%
KB	A	0.03%	0.04%	0.03%
KEP	D	0.01%	0.0%	0.0%
KEYS	D	0.04%	0.13%	0.04%
KHC	C	0.04%	0.0%	0.0%
KIM	B	0.02%	0.0%	0.0%
KLAC	A	0.14%	0.05%	0.05%
KMB	B	0.06%	0.12%	0.06%
KMI	A	0.06%	0.02%	0.02%
KO	A	0.35%	0.31%	0.31%
KVUE	C	0.05%	0.03%	0.03%
LBRDK	F	0.01%	0.01%	0.01%
LDOS	A	0.03%	0.03%	0.03%
LI	F	0.02%	0.0%	0.0%
LI	F	0.02%	0.03%	0.02%
LIN	D	0.28%	0.3%	0.28%
LLY	C	0.84%	0.78%	0.78%
LMT	A	0.14%	0.23%	0.14%
LOW	D	0.18%	0.29%	0.18%
LRCX	D	0.16%	0.09%	0.09%
LSCC	F	0.01%	0.0%	0.0%
LULU	F	0.05%	0.02%	0.02%
LVS	D	0.02%	0.04%	0.02%
LW	D	0.02%	0.05%	0.02%
LYB	C	0.04%	0.09%	0.04%
LYG	A	0.06%	0.05%	0.05%
MA	D	0.52%	0.4%	0.4%
MCD	D	0.27%	0.22%	0.22%
MCK	A	0.1%	0.24%	0.1%
MDB	F	0.04%	0.03%	0.03%
MDLZ	B	0.13%	0.06%	0.06%
MDT	C	0.15%	0.24%	0.15%
MELI	B	0.11%	0.09%	0.09%
MET	B	0.07%	0.19%	0.07%
META	D	1.42%	1.33%	1.33%
MFG	C	0.06%	0.06%	0.06%
MKC	B	0.02%	0.11%	0.02%
MMC	B	0.14%	0.17%	0.14%
MMM	A	0.08%	0.09%	0.08%
MNDY	F	0.01%	0.01%	0.01%
MNSO	B	0.0%	0.0%	0.0%
MO	A	0.11%	0.08%	0.08%
MOS	F	0.01%	0.02%	0.01%
MPC	D	0.09%	0.19%	0.09%
MPWR	B	0.05%	0.03%	0.03%
MRK	B	0.45%	0.45%	0.45%
MRNA	C	0.06%	0.05%	0.05%
MRO	D	0.02%	0.07%	0.02%
MRVL	D	0.08%	0.04%	0.04%
MS	A	0.17%	0.25%	0.17%
MSFT	C	4.03%	3.61%	3.61%
MTB	A	0.04%	0.1%	0.04%
MTCH	F	0.01%	0.0%	0.0%
MU	B	0.19%	0.09%	0.09%
MUFG	C	0.15%	0.15%	0.15%
NEE	B	0.21%	0.27%	0.21%
NEM	B	0.07%	0.04%	0.04%
NET	F	0.03%	0.03%	0.03%
NFLX	C	0.37%	0.29%	0.29%
NIO	D	0.01%	0.01%	0.01%
NKE	F	0.15%	0.23%	0.15%
NMR	D	0.02%	0.05%	0.02%
NOC	C	0.09%	0.16%	0.09%
NOW	D	0.21%	0.13%	0.13%
NSC	D	0.07%	0.16%	0.07%
NTAP	B	0.03%	0.1%	0.03%
NUE	D	0.06%	0.02%	0.02%
NVDA	B	3.1%	2.77%	2.77%
NVS	B	0.28%	0.23%	0.23%
NWSA	D	0.01%	0.01%	0.01%
NXPI	A	0.09%	0.01%	0.01%
ODFL	D	0.05%	0.0%	0.0%
OKTA	D	0.02%	0.01%	0.01%
ON	F	0.04%	0.02%	0.02%
ORCL	D	0.28%	0.31%	0.28%
ORLY	D	0.08%	0.19%	0.08%
OTIS	C	0.05%	0.04%	0.04%
OVV	D	0.02%	0.0%	0.0%
OXY	D	0.06%	0.07%	0.06%
PANW	B	0.14%	0.09%	0.09%
PARA	C	0.01%	0.02%	0.01%
PATH	F	0.01%	0.01%	0.01%
PCG	B	0.05%	0.0%	0.0%
PDD	B	0.12%	0.1%	0.1%
PEG	A	0.05%	0.13%	0.05%
PEP	B	0.34%	0.31%	0.31%
PFE	C	0.22%	0.21%	0.21%
PG	A	0.54%	0.5%	0.5%
PGR	A	0.17%	0.15%	0.15%
PH	A	0.1%	0.14%	0.1%
PINS	B	0.03%	0.02%	0.02%
PLD	D	0.14%	0.23%	0.14%
PLTR	D	0.05%	0.04%	0.04%
PM	A	0.21%	0.17%	0.17%
PNC	A	0.09%	0.14%	0.09%
PNR	B	0.02%	0.01%	0.01%
PODD	D	0.02%	0.0%	0.0%
PPL	A	0.03%	0.08%	0.03%
PRU	A	0.06%	0.16%	0.06%
PSA	C	0.06%	0.2%	0.06%
PSX	D	0.09%	0.06%	0.06%
PYPL	C	0.09%	0.12%	0.09%
QCOM	A	0.29%	0.34%	0.29%
QFIN	B	0.0%	0.0%	0.0%
RBLX	F	0.02%	0.01%	0.01%
RCL	B	0.05%	0.02%	0.02%
REG	D	0.01%	0.0%	0.0%
REGN	C	0.14%	0.12%	0.12%
RGEN	D	0.01%	0.01%	0.01%
RIVN	F	0.01%	0.01%	0.01%
ROKU	F	0.01%	0.01%	0.01%
ROST	D	0.06%	0.17%	0.06%
RTX	A	0.2%	0.31%	0.2%
SBUX	F	0.12%	0.18%	0.12%
SCHW	A	0.16%	0.18%	0.16%
SE	C	0.04%	0.03%	0.03%
SHG	B	0.02%	0.02%	0.02%
SHW	D	0.1%	0.03%	0.03%
SJM	D	0.02%	0.08%	0.02%
SLB	D	0.09%	0.08%	0.08%
SMCI	D	0.06%	0.05%	0.05%
SMFG	C	0.11%	0.08%	0.08%
SNAP	C	0.02%	0.02%	0.02%
SNOW	F	0.06%	0.05%	0.05%
SNPS	D	0.12%	0.05%	0.05%
SO	A	0.12%	0.07%	0.07%
SOLV	F	0.01%	0.01%	0.01%
SONY	F	0.15%	0.2%	0.15%
SPG	D	0.06%	0.13%	0.06%
SPGI	B	0.19%	0.22%	0.19%
SQ	D	0.05%	0.03%	0.03%
SQ	D	0.05%	0.01%	0.01%
STLA	D	0.06%	0.08%	0.06%
STT	B	0.03%	0.07%	0.03%
STX	C	0.03%	0.07%	0.03%
SYF	B	0.03%	0.04%	0.03%
SYK	D	0.15%	0.18%	0.15%
SYY	D	0.05%	0.13%	0.05%
T	B	0.17%	0.17%	0.17%
TAL	B	0.01%	0.02%	0.01%
TCOM	A	0.04%	0.07%	0.04%
TEAM	D	0.04%	0.02%	0.02%
TEL	A	0.06%	0.17%	0.06%
TEVA	A	0.02%	0.01%	0.01%
TGT	D	0.1%	0.14%	0.1%
TJX	C	0.15%	0.3%	0.15%
TM	D	0.32%	0.35%	0.32%
TME	B	0.01%	0.0%	0.0%
TMO	B	0.31%	0.47%	0.31%
TMUS	B	0.11%	0.05%	0.05%
TOST	B	0.01%	0.01%	0.01%
TRV	D	0.07%	0.18%	0.07%
TSLA	D	0.69%	0.57%	0.57%
TSN	C	0.02%	0.08%	0.02%
TT	A	0.1%	0.17%	0.1%
TTD	B	0.06%	0.04%	0.04%
TTWO	D	0.03%	0.0%	0.0%
TWLO	D	0.01%	0.01%	0.01%
TXN	A	0.24%	0.4%	0.24%
U	F	0.01%	0.01%	0.01%
UBER	D	0.17%	0.12%	0.12%
UL	A	0.18%	0.16%	0.16%
UMC	C	0.03%	0.07%	0.03%
UNH	B	0.66%	0.65%	0.65%
UNP	C	0.2%	0.28%	0.2%
UPS	D	0.15%	0.13%	0.13%
URI	C	0.06%	0.02%	0.02%
USB	D	0.09%	0.11%	0.09%
V	C	0.61%	0.67%	0.61%
VEEV	D	0.04%	0.02%	0.02%
VIPS	D	0.01%	0.02%	0.01%
VLO	D	0.08%	0.13%	0.08%
VLTO	A	0.03%	0.04%	0.03%
VRT	B	0.05%	0.06%	0.05%
VRTX	C	0.16%	0.07%	0.07%
VTRS	D	0.02%	0.01%	0.01%
VZ	C	0.23%	0.14%	0.14%
WBA	F	0.02%	0.03%	0.02%
WBD	F	0.03%	0.02%	0.02%
WDAY	F	0.07%	0.02%	0.02%
WDC	B	0.03%	0.08%	0.03%
WFC	A	0.3%	0.39%	0.3%
WIT	D	0.01%	0.05%	0.01%
WIX	D	0.01%	0.0%	0.0%
WM	A	0.12%	0.23%	0.12%
WMB	A	0.07%	0.06%	0.06%
WMT	B	0.39%	0.31%	0.31%
XOM	B	0.74%	0.71%	0.71%
XPEV	F	0.01%	0.0%	0.0%
XPEV	F	0.01%	0.01%	0.01%
YUM	D	0.05%	0.12%	0.05%
YUMC	F	0.02%	0.03%	0.02%
Z	D	0.01%	0.01%	0.01%
ZM	D	0.02%	0.02%	0.02%
ZS	F	0.02%	0.02%	0.02%
ZTO	C	0.01%	0.01%	0.01%
ZTS	D	0.11%	0.1%	0.1%

ACWI Overweight 291 Positions Relative to SPGM

Symbol	Grade	Weight
NVO	C	0.58%
FI	C	0.13%
APH	A	0.11%
ICE	D	0.11%
TDG	A	0.1%
CTAS	A	0.09%
MCO	A	0.09%
PCAR	D	0.08%
AIG	A	0.08%
HLT	C	0.08%
ROP	D	0.08%
AJG	C	0.08%
KKR	B	0.08%
MAR	D	0.08%
MSI	A	0.08%
SRE	A	0.07%
MCHP	C	0.07%
TFC	A	0.07%
AZO	D	0.07%
EW	D	0.07%
WELL	A	0.07%
LEN	C	0.06%
RSG	B	0.06%
STZ	C	0.06%
MSCI	D	0.06%
MNST	D	0.06%
LHX	A	0.06%
FERG	A	0.06%
WCN	C	0.06%
GWW	D	0.06%
D	A	0.06%
HUM	D	0.06%
APO	C	0.06%
AMP	A	0.06%
IQV	D	0.06%
O	B	0.06%
CCI	D	0.06%
CPRT	D	0.06%
OKE	A	0.06%
XYL	A	0.05%
VMC	B	0.05%
FANG	B	0.05%
IT	D	0.05%
MTD	B	0.05%
MLM	C	0.05%
VST	B	0.05%
VRSK	A	0.05%
KDP	A	0.05%
COR	D	0.05%
KR	C	0.05%
LNG	D	0.05%
PWR	A	0.05%
AME	D	0.05%
PAYX	C	0.05%
ACGL	A	0.05%
FITB	A	0.04%
WST	D	0.04%
GRMN	A	0.04%
WEC	B	0.04%
AWK	B	0.04%
DOV	A	0.04%
RJF	B	0.04%
PHM	B	0.04%
STM	D	0.04%
CBRE	D	0.04%
AVB	A	0.04%
WTW	D	0.04%
ANSS	D	0.04%
ROK	D	0.04%
XEL	C	0.04%
VICI	B	0.04%
WAB	A	0.04%
EXR	C	0.04%
TSCO	B	0.04%
PPG	D	0.04%
RMD	C	0.04%
EFX	D	0.04%
CDW	D	0.04%
DG	D	0.04%
ED	A	0.04%
HIG	B	0.04%
HWM	B	0.04%
WSM	A	0.03%
FDS	D	0.03%
HOLX	D	0.03%
TDY	D	0.03%
AEE	B	0.03%
CINF	C	0.03%
TXT	D	0.03%
RF	B	0.03%
DRI	F	0.03%
FCNCA	B	0.03%
CPAY	D	0.03%
ULTA	D	0.03%
LPLA	C	0.03%
GDDY	A	0.03%
TYL	A	0.03%
OMC	A	0.03%
AVY	A	0.03%
VTR	B	0.03%
ENTG	D	0.03%
WAT	C	0.03%
COO	D	0.03%
TER	A	0.03%
NRG	A	0.03%
PFG	C	0.03%
MOH	D	0.03%
CNP	B	0.03%
BAH	A	0.03%
HUBB	C	0.03%
CSL	A	0.03%
CTRA	B	0.03%
BRO	B	0.03%
WY	D	0.03%
HBAN	A	0.03%
PTC	D	0.03%
ES	B	0.03%
BALL	C	0.03%
MKL	A	0.03%
GIB	D	0.03%
ARE	D	0.03%
SBAC	D	0.03%
NDAQ	C	0.03%
GPC	C	0.03%
STLD	D	0.03%
INVH	B	0.03%
DECK	D	0.03%
ARES	A	0.03%
ETR	A	0.03%
TRGP	C	0.03%
DTE	A	0.03%
STE	C	0.03%
ZBH	D	0.03%
IRM	C	0.03%
CAH	F	0.03%
NVR	D	0.03%
TROW	D	0.03%
BR	D	0.03%
ACM	D	0.02%
BAP	C	0.02%
ELS	D	0.02%
AU	B	0.02%
EMN	A	0.02%
CYBR	D	0.02%
TPL	B	0.02%
KMX	D	0.02%
HII	D	0.02%
UDR	B	0.02%
DKS	D	0.02%
AOS	C	0.02%
XRX	D	0.02%
UHS	C	0.02%
UTHR	B	0.02%
BSY	A	0.02%
TW	B	0.02%
LKQ	D	0.02%
TECH	B	0.02%
NI	A	0.02%
CNHI	D	0.02%
JKHY	C	0.02%
MGM	F	0.02%
IP	B	0.02%
HEI	A	0.02%
NBIX	C	0.02%
EVRG	B	0.02%
L	A	0.02%
POOL	D	0.02%
LNT	B	0.02%
NDSN	A	0.02%
SWK	D	0.02%
ROL	A	0.02%
SSNC	C	0.02%
KEY	B	0.02%
WRK	A	0.02%
IPG	D	0.02%
BMRN	F	0.02%
BBY	D	0.02%
WPC	B	0.02%
JBHT	D	0.02%
MANH	D	0.02%
GGG	D	0.02%
AKAM	F	0.02%
RVTY	C	0.02%
FWONK	C	0.02%
GEN	C	0.02%
RPM	D	0.02%
BG	B	0.02%
CHKP	D	0.02%
JBL	D	0.02%
TRMB	D	0.02%
LOGI	D	0.02%
SWKS	F	0.02%
VRSN	F	0.02%
AMCR	A	0.02%
CCEP	A	0.02%
DGX	B	0.02%
TRU	B	0.02%
MAS	D	0.02%
OC	A	0.02%
SNA	D	0.02%
MAA	B	0.02%
ZBRA	B	0.02%
PKG	D	0.02%
FNF	B	0.02%
WRB	D	0.02%
SUI	D	0.02%
WSO	A	0.02%
LYV	D	0.02%
J	D	0.02%
AVTR	D	0.02%
NTRS	B	0.02%
EG	C	0.02%
CE	D	0.02%
AER	A	0.02%
EXPD	D	0.02%
ESS	A	0.02%
RS	D	0.02%
EQH	A	0.02%
DPZ	C	0.02%
LII	B	0.02%
LH	D	0.02%
CMS	A	0.02%
ATO	C	0.02%
IEX	D	0.02%
LUV	D	0.01%
LSXMK	F	0.01%
LBTYK	D	0.01%
UHAL	B	0.01%
WLK	B	0.01%
H	D	0.01%
DAR	D	0.01%
AZPN	C	0.01%
IOT	B	0.01%
BIO	F	0.01%
ACI	C	0.01%
JAZZ	F	0.01%
HAS	C	0.01%
DBX	F	0.01%
PCTY	D	0.01%
DVA	C	0.01%
KNX	D	0.01%
AGCO	D	0.01%
RHI	D	0.01%
DAL	A	0.01%
FMC	C	0.01%
CG	D	0.01%
HOOD	D	0.01%
DINO	D	0.01%
GL	F	0.01%
MTN	D	0.01%
MKTX	F	0.01%
LEA	D	0.01%
FBIN	D	0.01%
BWA	B	0.01%
DAY	D	0.01%
TTC	F	0.01%
PAYC	F	0.01%
WTRG	B	0.01%
BXP	D	0.01%
CTLT	D	0.01%
NLY	A	0.01%
TS	D	0.01%
RPRX	F	0.01%
AIZ	D	0.01%
CPB	B	0.01%
CHK	C	0.01%
WYNN	D	0.01%
QRVO	F	0.01%
CPT	B	0.01%
ERIE	C	0.01%
SEIC	D	0.01%
CCK	B	0.01%
AFG	C	0.01%
INCY	F	0.01%
HSIC	C	0.01%
SCCO	A	0.01%
HRL	B	0.01%
TFX	F	0.01%
HEI	A	0.01%
FFIV	D	0.01%
AMH	C	0.01%
TAP	D	0.01%
GLPI	D	0.01%
CRL	D	0.01%
KT	D	0.0%
SKM	C	0.0%
DOOO	C	0.0%
SIRI	F	0.0%
LPL	D	0.0%
LEGN	F	0.0%
SBSW	D	0.0%

ACWI Underweight 603 Positions Relative to SPGM

Symbol	Grade	Weight
TSM	B	-0.91%
TD	F	-0.13%
INFY	F	-0.13%
RDY	F	-0.12%
AZN	A	-0.1%
VALE	C	-0.09%
ROIC	D	-0.09%
UMH	B	-0.08%
SHOP	F	-0.08%
PKX	F	-0.07%
ITUB	D	-0.06%
VGR	C	-0.06%
NXRT	B	-0.06%
DEA	B	-0.06%
MOD	B	-0.05%
GOOD	A	-0.05%
PBR	A	-0.04%
TPR	D	-0.04%
DX	B	-0.04%
TMDX	B	-0.04%
MT	F	-0.03%
FTI	B	-0.03%
AXNX	D	-0.03%
CHCT	F	-0.03%
LNW	D	-0.03%
LNTH	B	-0.03%
BBD	F	-0.03%
BRSP	F	-0.03%
OII	B	-0.02%
BBIO	D	-0.02%
DYN	D	-0.02%
PBF	F	-0.02%
AIV	C	-0.02%
SKY	D	-0.02%
MTDR	D	-0.02%
CVNA	B	-0.02%
KSS	F	-0.02%
QTWO	A	-0.02%
HIMS	D	-0.02%
MSTR	D	-0.02%
AZEK	D	-0.02%
GGB	C	-0.02%
KOS	C	-0.02%
TBBK	D	-0.02%
TAC	C	-0.02%
IIPR	C	-0.02%
WTTR	B	-0.02%
PLAY	D	-0.02%
AHH	B	-0.02%
ABEV	F	-0.02%
ITCI	C	-0.02%
TTGT	D	-0.02%
ACRE	F	-0.02%
CHX	D	-0.02%
HOV	B	-0.02%
CARS	C	-0.01%
SMAR	D	-0.01%
RKLB	C	-0.01%
CIB	B	-0.01%
HUYA	B	-0.01%
WSR	B	-0.01%
ROCK	D	-0.01%
CHPT	F	-0.01%
EVH	F	-0.01%
RXRX	F	-0.01%
MEG	C	-0.01%
QS	F	-0.01%
PIXY	F	-0.01%
RPAY	C	-0.01%
RCKT	F	-0.01%
RAMP	F	-0.01%
BCRX	D	-0.01%
NVT	B	-0.01%
BTU	F	-0.01%
AI	F	-0.01%
WRLD	C	-0.01%
PNTG	A	-0.01%
MGNI	F	-0.01%
CCO	D	-0.01%
ASAN	F	-0.01%
FBK	B	-0.01%
PLAB	B	-0.01%
HCAT	F	-0.01%
DXC	F	-0.01%
EXPI	C	-0.01%
BE	D	-0.01%
APPS	F	-0.01%
JELD	F	-0.01%
CMPR	D	-0.01%
TDOC	F	-0.01%
GNRC	B	-0.01%
SONO	D	-0.01%
BLFS	B	-0.01%
ATKR	D	-0.01%
RNA	B	-0.01%
ITRI	B	-0.01%
AMR	F	-0.01%
ELAN	C	-0.01%
RDFN	C	-0.01%
ALEX	B	-0.01%
AAON	D	-0.01%
GTLB	F	-0.01%
CC	B	-0.01%
PACK	C	-0.01%
CASH	B	-0.01%
SQM	F	-0.01%
LOB	D	-0.01%
ASPN	A	-0.01%
OGN	B	-0.01%
CLBT	D	-0.01%
PAY	D	-0.01%
RIOT	F	-0.01%
PHI	B	-0.01%
PCH	D	-0.01%
SLP	B	-0.01%
LASR	B	-0.01%
M	D	-0.01%
CLNE	D	-0.01%
ACMR	D	-0.01%
IMVT	F	-0.01%
MCRI	D	-0.01%
NOV	D	-0.01%
OSW	A	-0.01%
KOP	F	-0.01%
XPO	D	-0.01%
ZETA	A	-0.01%
INTA	C	-0.01%
TGI	C	-0.01%
PTCT	C	-0.01%
MDGL	D	-0.01%
FOUR	D	-0.01%
VSTO	B	-0.01%
EFC	B	-0.01%
VKTX	C	-0.01%
JKS	D	-0.01%
DQ	F	-0.01%
PEN	F	-0.01%
YETI	D	-0.01%
COLL	D	-0.01%
AGNC	A	-0.01%
JBI	D	-0.01%
KD	A	-0.01%
BLBD	A	-0.01%
CPRX	C	-0.01%
RVLV	B	-0.01%
RLX	C	-0.01%
RDNT	A	-0.01%
BZH	D	-0.01%
SRRK	D	-0.01%
BASE	C	-0.01%
AKRO	F	-0.01%
HASI	B	-0.01%
SOFI	F	-0.01%
ULH	B	-0.01%
CENX	B	-0.01%
MITK	B	-0.01%
GSAT	F	-0.01%
PTEN	D	-0.01%
PRTA	F	-0.01%
RCUS	F	-0.01%
SRPT	C	-0.01%
EVBG	D	-0.01%
ATLC	D	-0.01%
POWL	B	-0.01%
INMD	F	-0.01%
PHR	F	-0.01%
W	B	-0.01%
SEMR	A	-0.01%
COMP	C	-0.01%
HSTM	B	-0.01%
MBIN	B	-0.01%
TGTX	C	-0.01%
IDYA	D	-0.01%
OMI	F	-0.01%
CCS	D	-0.01%
ENS	B	-0.01%
BHF	F	-0.01%
ERJ	C	-0.01%
CROX	B	-0.01%
MATX	B	-0.01%
GME	C	-0.01%
VERX	C	-0.01%
GERN	C	-0.01%
CLDT	F	-0.01%
MHO	C	-0.01%
CLDX	D	-0.01%
MARA	D	-0.01%
RYTM	D	-0.01%
MRC	A	-0.01%
GMS	B	-0.01%
AKO.A	B	-0.01%
AFRM	D	-0.01%
ADMA	B	-0.01%
TWST	B	-0.01%
SWAV	A	-0.01%
THR	A	-0.01%
DVAX	F	-0.01%
KEX	A	-0.01%
SID	F	-0.01%
EPRT	A	-0.01%
ORA	B	-0.01%
GRBK	B	-0.01%
INSP	D	-0.01%
FLNG	B	-0.01%
ABR	C	-0.01%
TREX	D	-0.01%
INBX	D	-0.01%
PLMR	B	-0.01%
CLSK	D	-0.01%
ARWR	F	-0.01%
GMRE	C	-0.01%
VNT	D	-0.01%
AGYS	B	-0.01%
ACEL	F	-0.01%
IMXI	D	-0.01%
DCPH	A	-0.01%
SRG	D	-0.0%
KRYS	D	-0.0%
SMWB	D	-0.0%
IHRT	F	-0.0%
ALEC	F	-0.0%
JOBY	D	-0.0%
ATUS	F	-0.0%
JAMF	C	-0.0%
MP	C	-0.0%
WW	F	-0.0%
FORR	F	-0.0%
OLMA	F	-0.0%
AGL	F	-0.0%
UNIT	F	-0.0%
OEC	B	-0.0%
REPX	D	-0.0%
FRGE	F	-0.0%
MORF	F	-0.0%
TH	C	-0.0%
EVC	D	-0.0%
CRCT	C	-0.0%
FLWS	D	-0.0%
ZNTL	F	-0.0%
TPB	A	-0.0%
MLNK	F	-0.0%
TBI	F	-0.0%
BOC	F	-0.0%
ASTH	D	-0.0%
MVIS	F	-0.0%
GDS	D	-0.0%
BMBL	D	-0.0%
DADA	F	-0.0%
TELL	F	-0.0%
SNCY	F	-0.0%
RGNX	F	-0.0%
SHYF	C	-0.0%
MLCO	C	-0.0%
MCB	B	-0.0%
FNA	F	-0.0%
DAN	C	-0.0%
PRVA	F	-0.0%
FSBC	C	-0.0%
LGIH	D	-0.0%
PKST	D	-0.0%
CRNC	F	-0.0%
CEVA	F	-0.0%
DENN	F	-0.0%
KE	C	-0.0%
EDIT	F	-0.0%
CGEM	C	-0.0%
OLO	F	-0.0%
SHEN	D	-0.0%
ZEUS	F	-0.0%
HROW	D	-0.0%
XPOF	F	-0.0%
GDOT	C	-0.0%
FIGS	C	-0.0%
PFC	B	-0.0%
AMRC	C	-0.0%
TMCI	F	-0.0%
FLGT	D	-0.0%
LUMN	F	-0.0%
ORLA	C	-0.0%
MGPI	D	-0.0%
MOFG	D	-0.0%
BEAM	F	-0.0%
VERV	F	-0.0%
CTKB	F	-0.0%
PDFS	C	-0.0%
CABA	F	-0.0%
TRUP	D	-0.0%
MXL	F	-0.0%
NNVC	B	-0.0%
HOG	D	-0.0%
SAVA	D	-0.0%
PLL	D	-0.0%
CAN	F	-0.0%
COMM	F	-0.0%
SNPO	B	-0.0%
VIR	F	-0.0%
RENB	F	-0.0%
LAW	D	-0.0%
NABL	D	-0.0%
CECO	B	-0.0%
SHC	F	-0.0%
EYE	F	-0.0%
VNET	C	-0.0%
SGRY	F	-0.0%
CNDT	B	-0.0%
ELVN	B	-0.0%
MAT	D	-0.0%
RAPT	F	-0.0%
APPN	F	-0.0%
DH	F	-0.0%
LPRO	D	-0.0%
HIBB	A	-0.0%
MAX	C	-0.0%
MRVI	C	-0.0%
HURN	F	-0.0%
NCNO	C	-0.0%
ZUO	B	-0.0%
NMIH	A	-0.0%
WOLF	F	-0.0%
NKLA	F	-0.0%
CEIX	C	-0.0%
YOU	F	-0.0%
WTO	C	-0.0%
OSPN	C	-0.0%
ALHC	B	-0.0%
CALX	F	-0.0%
LAND	C	-0.0%
BROS	B	-0.0%
HAE	A	-0.0%
ICHR	D	-0.0%
MODN	B	-0.0%
ETNB	F	-0.0%
AOSL	B	-0.0%
IBP	D	-0.0%
PARR	F	-0.0%
SWBI	C	-0.0%
IRTC	F	-0.0%
ALTG	F	-0.0%
THO	D	-0.0%
XHR	C	-0.0%
MDXG	D	-0.0%
GRPN	D	-0.0%
KRUS	B	-0.0%
CUBI	D	-0.0%
GOGO	C	-0.0%
DNOW	D	-0.0%
ADUS	A	-0.0%
LMND	C	-0.0%
FUBO	F	-0.0%
PDFS	C	-0.0%
CRSR	F	-0.0%
GKOS	A	-0.0%
LILAK	B	-0.0%
DGII	F	-0.0%
SOUN	D	-0.0%
THRM	F	-0.0%
COTY	F	-0.0%
NOVA	F	-0.0%
VCYT	D	-0.0%
IDT	A	-0.0%
AMC	F	-0.0%
CAR	D	-0.0%
NARI	D	-0.0%
PENN	F	-0.0%
ENVA	B	-0.0%
KNSA	C	-0.0%
SM	C	-0.0%
ME	D	-0.0%
ATEN	B	-0.0%
RIG	F	-0.0%
SVC	F	-0.0%
TLRY	D	-0.0%
RVNC	F	-0.0%
SABR	C	-0.0%
SITM	B	-0.0%
S	D	-0.0%
HAYN	D	-0.0%
UVV	B	-0.0%
MED	F	-0.0%
SHLS	F	-0.0%
APLS	F	-0.0%
ATRO	B	-0.0%
CHEF	A	-0.0%
ULCC	D	-0.0%
ENIC	B	-0.0%
PACB	F	-0.0%
GH	C	-0.0%
AA	B	-0.0%
SANA	D	-0.0%
PCVX	D	-0.0%
NVRI	D	-0.0%
SPCE	F	-0.0%
CCB	B	-0.0%
NEOG	F	-0.0%
IAS	F	-0.0%
HAYW	C	-0.0%
AEHR	F	-0.0%
VSCO	D	-0.0%
LWLG	F	-0.0%
MNTK	D	-0.0%
FVRR	C	-0.0%
GPRO	F	-0.0%
CXM	F	-0.0%
TASK	B	-0.0%
CLOV	D	-0.0%
SEDG	F	-0.0%
QTRX	F	-0.0%
ARLO	C	-0.0%
OSUR	F	-0.0%
HL	B	-0.0%
RXST	B	-0.0%
AMRK	C	-0.0%
DHC	F	-0.0%
HRI	D	-0.0%
SIBN	F	-0.0%
ESTA	B	-0.0%
ATEC	F	-0.0%
NEXT	B	-0.0%
UCTT	C	-0.0%
MQ	F	-0.0%
LCID	F	-0.0%
EMBC	D	-0.0%
FIZZ	D	-0.0%
VZIO	D	-0.0%
VMAR	D	-0.0%
XPRO	B	-0.0%
YY	C	-0.0%
IIIV	F	-0.0%
AVNS	C	-0.0%
ADPT	C	-0.0%
DUOL	D	-0.0%
PUBM	C	-0.0%
NTRA	B	-0.0%
LUNG	D	-0.0%
NNDM	F	-0.0%
ACHR	F	-0.0%
RKT	B	-0.0%
BRBR	C	-0.0%
CCBG	C	-0.0%
SQSP	A	-0.0%
RRC	C	-0.0%
LAZR	F	-0.0%
PRO	F	-0.0%
RVMD	C	-0.0%
AX	A	-0.0%
DBI	D	-0.0%
STEM	F	-0.0%
YEXT	F	-0.0%
IAG	A	-0.0%
STAA	C	-0.0%
WGO	D	-0.0%
MOMO	C	-0.0%
EVRI	F	-0.0%
AXSM	D	-0.0%
FC	D	-0.0%
CYTK	D	-0.0%
PL	F	-0.0%
SFIX	F	-0.0%
AR	C	-0.0%
INN	F	-0.0%
QNST	C	-0.0%
NCLH	F	-0.0%
BXC	D	-0.0%
FRSH	F	-0.0%
DNA	F	-0.0%
SIGA	C	-0.0%
GXO	C	-0.0%
VRDN	F	-0.0%
PCT	F	-0.0%
APLD	F	-0.0%
SPWR	F	-0.0%
LSPD	F	-0.0%
PETQ	B	-0.0%
NUVL	D	-0.0%
PHAT	D	-0.0%
CSTL	B	-0.0%
FSLY	F	-0.0%
WRBY	B	-0.0%
NVCR	C	-0.0%
ARDX	C	-0.0%
UWMC	B	-0.0%
LEU	C	-0.0%
ZI	F	-0.0%
VRNS	D	-0.0%
PRG	B	-0.0%
PAR	C	-0.0%
PTGX	C	-0.0%
BIGC	D	-0.0%
MCFT	F	-0.0%
GNK	B	-0.0%
PFSI	A	-0.0%
DFH	D	-0.0%
APPF	B	-0.0%
EB	D	-0.0%
FSM	A	-0.0%
MTW	F	-0.0%
DCO	B	-0.0%
CYRX	F	-0.0%
TITN	F	-0.0%
FROG	D	-0.0%
UEC	C	-0.0%
EXTR	F	-0.0%
NX	D	-0.0%
TRNS	A	-0.0%
SGU	C	-0.0%
PTON	D	-0.0%
IAUX	F	-0.0%
CERT	D	-0.0%
SNDX	D	-0.0%
ACCD	F	-0.0%
WIRE	C	-0.0%
GDRX	C	-0.0%
VVI	D	-0.0%
ADNT	F	-0.0%
SAM	D	-0.0%
WEAV	F	-0.0%
PGC	D	-0.0%
FDMT	D	-0.0%
TNDM	B	-0.0%
FIVN	F	-0.0%
FCEL	F	-0.0%
REZI	C	-0.0%
ACVA	D	-0.0%
BYND	F	-0.0%
PLPC	C	-0.0%
SPR	D	-0.0%
HSII	C	-0.0%
ANF	B	-0.0%
SPT	F	-0.0%
GDYN	F	-0.0%
SDGR	F	-0.0%
TIGR	C	-0.0%
ENFN	D	-0.0%
VGR	C	-0.0%
BRZE	F	-0.0%
PRCT	B	-0.0%
DOCS	F	-0.0%
COHR	D	-0.0%
CASS	D	-0.0%
CHGX	D	-0.0%
IBUY	D	-0.0%
HCP	B	-0.0%
TUYA	B	-0.0%
UPWK	D	-0.0%
CIG	C	-0.0%
DOCN	D	-0.0%
NTLA	F	-0.0%
DIN	F	-0.0%
RUN	F	-0.0%
AMG	D	-0.0%
KREF	F	-0.0%
CRMT	F	-0.0%
INDI	F	-0.0%
IIIN	D	-0.0%
DMRC	F	-0.0%
CTLP	D	-0.0%
RNG	C	-0.0%
VMEO	F	-0.0%
KC	D	-0.0%
ALKT	B	-0.0%
ZLAB	C	-0.0%
OPEN	F	-0.0%
AUPH	F	-0.0%
RLJ	F	-0.0%
HEES	D	-0.0%
TIGO	B	-0.0%
ARCT	F	-0.0%
CDE	B	-0.0%
INSW	B	-0.0%
OSCR	B	-0.0%
AMPS	F	-0.0%
FLYW	F	-0.0%
DDD	F	-0.0%
BOOT	C	-0.0%
SITE	D	-0.0%
LYFT	D	-0.0%
ESTC	B	-0.0%
CIFR	D	-0.0%
ENVX	C	-0.0%
NSSC	B	-0.0%
DRH	F	-0.0%
ARRY	F	-0.0%
TXG	F	-0.0%
DOMO	F	-0.0%
KLG	C	-0.0%
VICR	F	-0.0%
NVAX	B	-0.0%
KYMR	D	-0.0%
ACLS	C	-0.0%
PLUG	F	-0.0%
LEGH	C	-0.0%
USLM	B	-0.0%
FLNC	D	-0.0%
AUR	C	-0.0%
ELF	D	-0.0%
CYH	C	-0.0%
VITL	B	-0.0%
LIND	F	-0.0%
NEO	B	-0.0%
VPG	F	-0.0%
UPST	D	-0.0%
ARVN	F	-0.0%
BJRI	D	-0.0%