SMLV vs. BFOR ETF Comparison

Comparison of SPDR Russell 2000 Low Volatility (SMLV) to Barron's 400 (BFOR)

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$135.35

Average Daily Volume

5,917

Number of Holdings ^*

404

* may have additional holdings in another (foreign) market

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$75.63

Average Daily Volume

3,977

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	SMLV	BFOR
30 Days	5.32%	2.56%
60 Days	9.13%	8.18%
90 Days	13.01%	10.29%
12 Months	37.56%	33.97%

47 Overlapping Holdings

Symbol	Grade	Weight in SMLV	Weight in BFOR	Overlap
ACIW	B	0.1%	0.26%	0.1%
ADMA	C	0.12%	0.25%	0.12%
AGX	B	0.39%	0.38%	0.38%
AMPH	F	0.05%	0.21%	0.05%
APOG	B	0.09%	0.28%	0.09%
BFC	B	0.62%	0.26%	0.26%
BL	B	0.05%	0.28%	0.05%
BMI	B	0.13%	0.23%	0.13%
BRC	C	0.14%	0.23%	0.14%
CMPO	C	0.17%	0.26%	0.17%
CNO	A	1.13%	0.26%	0.26%
CORT	B	0.08%	0.32%	0.08%
CSWI	B	0.18%	0.27%	0.18%
CVLT	B	0.14%	0.26%	0.14%
FCF	A	1.03%	0.25%	0.25%
FMBH	A	0.58%	0.24%	0.24%
FSS	C	0.1%	0.24%	0.1%
FTDR	B	0.12%	0.26%	0.12%
FULT	A	0.98%	0.26%	0.26%
HCKT	A	0.12%	0.27%	0.12%
HNI	A	0.11%	0.24%	0.11%
HRMY	D	0.04%	0.19%	0.04%
HWKN	C	0.11%	0.24%	0.11%
IBOC	A	1.08%	0.27%	0.27%
IRMD	B	0.05%	0.25%	0.05%
LAUR	A	0.07%	0.25%	0.07%
LKFN	A	0.8%	0.25%	0.25%
LNN	B	0.1%	0.23%	0.1%
LOPE	B	0.08%	0.26%	0.08%
MLR	B	0.12%	0.26%	0.12%
MWA	A	0.12%	0.27%	0.12%
NIC	A	0.97%	0.26%	0.26%
ORRF	A	0.26%	0.26%	0.26%
OSIS	A	0.1%	0.24%	0.1%
PEBO	A	0.76%	0.26%	0.26%
QCRH	A	0.95%	0.28%	0.28%
SBR	B	0.18%	0.23%	0.18%
SHOO	D	0.06%	0.22%	0.06%
SRCE	A	0.76%	0.25%	0.25%
STBA	A	0.92%	0.23%	0.23%
TPH	D	0.05%	0.22%	0.05%
TRIN	A	0.38%	0.23%	0.23%
UFPT	C	0.12%	0.22%	0.12%
VAL	F	0.07%	0.21%	0.07%
VIRT	A	1.4%	0.25%	0.25%
WABC	A	0.95%	0.26%	0.26%
WT	A	0.14%	0.27%	0.14%

SMLV Overweight 357 Positions Relative to BFOR

Symbol	Grade	Weight
PJT	A	1.91%
NNI	C	1.73%
CBU	A	1.68%
THG	A	1.55%
PRK	A	1.49%
ONB	B	1.41%
NBTB	A	1.36%
CHCO	A	1.24%
NWBI	A	1.19%
NBHC	A	1.19%
FFIN	A	1.18%
ESGR	B	1.11%
SYBT	A	1.11%
HMN	A	1.11%
EFSC	A	1.09%
SASR	A	1.08%
TOWN	A	1.08%
GCMG	B	1.05%
MGRC	B	1.03%
GBCI	A	1.02%
TRMK	A	1.0%
BUSE	A	0.96%
WAFD	A	0.93%
HOMB	A	0.91%
WSBC	A	0.88%
EIG	A	0.86%
SFNC	B	0.86%
GABC	A	0.84%
AGM	A	0.83%
BLX	A	0.81%
RDN	C	0.81%
SAFT	A	0.8%
AMSF	A	0.72%
WU	F	0.71%
FBMS	A	0.69%
BRKL	A	0.69%
CTBI	A	0.68%
SBSI	B	0.68%
OBK	A	0.65%
TMP	A	0.65%
EQC	A	0.64%
EVTC	C	0.62%
UVSP	A	0.6%
PAX	C	0.6%
HFWA	A	0.6%
OKLO	C	0.57%
BHRB	A	0.57%
CFFN	A	0.57%
FCBC	B	0.49%
NFG	A	0.48%
CAC	A	0.45%
TRST	A	0.44%
MCBS	A	0.4%
GSBC	A	0.38%
CCNE	B	0.38%
BHB	A	0.37%
FMNB	A	0.37%
AROW	A	0.36%
THFF	A	0.36%
NFBK	A	0.35%
HTBI	A	0.35%
SMBK	A	0.34%
HONE	A	0.34%
ESQ	B	0.33%
CCBG	A	0.33%
DHIL	A	0.3%
HIFS	B	0.3%
MPB	B	0.3%
SPFI	A	0.3%
KRNY	A	0.3%
BSRR	B	0.29%
ACNB	A	0.27%
FLO	D	0.27%
GLRE	B	0.26%
FMAO	A	0.26%
ALRS	D	0.26%
FBIZ	A	0.25%
PFIS	A	0.24%
IDA	A	0.24%
FSBC	A	0.24%
EBF	D	0.24%
EBTC	A	0.23%
WTBA	A	0.23%
PNM	B	0.22%
HBCP	A	0.22%
MGEE	A	0.21%
BWB	B	0.21%
NHC	B	0.21%
NWE	C	0.21%
CPK	A	0.2%
FLIC	A	0.2%
ARTNA	F	0.2%
PECO	A	0.2%
FSBW	B	0.2%
GNTY	A	0.19%
FNLC	A	0.19%
CZNC	B	0.19%
SLGN	B	0.19%
BKH	A	0.19%
SR	A	0.18%
NWN	A	0.18%
CBNK	A	0.17%
NPK	B	0.17%
VLGEA	A	0.17%
FRST	A	0.17%
WSBF	B	0.17%
PSTL	C	0.16%
SXT	C	0.16%
DEA	D	0.16%
GTY	C	0.16%
CTO	B	0.15%
JJSF	C	0.15%
PLXS	B	0.15%
CALM	A	0.15%
TRC	D	0.15%
ARKO	D	0.14%
PBH	A	0.14%
WERN	B	0.14%
FELE	B	0.14%
TRS	D	0.14%
ICFI	F	0.14%
GPOR	A	0.14%
LTC	B	0.13%
UNF	A	0.13%
LXP	D	0.13%
VMI	B	0.13%
GENC	B	0.13%
ELME	D	0.13%
HSTM	B	0.13%
HTLD	B	0.13%
ROAD	B	0.13%
CBZ	B	0.12%
ESE	A	0.12%
SCL	D	0.12%
BHE	B	0.12%
HCC	B	0.12%
UTMD	D	0.12%
SMP	C	0.12%
PKE	B	0.12%
CSR	A	0.12%
GOOD	B	0.12%
BCAL	A	0.12%
SNDR	B	0.12%
ACA	B	0.12%
EXPO	D	0.12%
TGNA	B	0.12%
BNL	D	0.12%
GATX	A	0.12%
MRTN	C	0.11%
HIW	D	0.11%
UHT	D	0.11%
CTRE	D	0.11%
RUSHA	B	0.11%
GHC	A	0.11%
KREF	D	0.11%
CSGS	A	0.11%
NTST	D	0.11%
GRC	B	0.11%
DORM	B	0.11%
PRGS	B	0.11%
NHI	D	0.11%
FCPT	C	0.11%
GEF	A	0.11%
COLM	B	0.11%
PINC	B	0.11%
ADUS	D	0.1%
ICUI	D	0.1%
NCNO	B	0.1%
MSGS	B	0.1%
CASS	B	0.1%
WDFC	A	0.1%
INVA	C	0.1%
CCOI	B	0.1%
NTCT	B	0.1%
AFCG	F	0.1%
MOG.A	B	0.1%
HSII	B	0.1%
RNGR	A	0.1%
HUBG	A	0.1%
DEI	B	0.1%
PRIM	A	0.1%
LMAT	A	0.1%
CUZ	B	0.1%
AROC	A	0.1%
SXC	A	0.1%
WEN	C	0.1%
KW	C	0.1%
ALG	B	0.09%
KAI	A	0.09%
SXI	A	0.09%
CRC	B	0.09%
JBGS	D	0.09%
CHCT	C	0.09%
GLDD	B	0.09%
WINA	B	0.09%
RLGT	B	0.09%
OMCL	C	0.09%
NOMD	D	0.09%
BFS	C	0.09%
PAHC	A	0.09%
JBSS	F	0.09%
ASH	F	0.09%
IRT	A	0.09%
MRCY	B	0.08%
SANM	B	0.08%
PCH	D	0.08%
CTS	B	0.08%
PSMT	D	0.08%
SATS	D	0.08%
ABM	B	0.08%
AHH	D	0.08%
WEYS	A	0.08%
HURN	B	0.08%
IOSP	C	0.08%
BLKB	D	0.08%
BBSI	A	0.08%
LILAK	F	0.08%
RDWR	A	0.08%
AVT	C	0.08%
RGP	F	0.08%
TTMI	B	0.08%
INSM	D	0.08%
FPI	B	0.08%
MTX	B	0.08%
GMRE	D	0.08%
EPAC	B	0.08%
DNB	B	0.08%
VIAV	B	0.07%
MGIC	C	0.07%
SPOK	B	0.07%
CNNE	B	0.07%
KN	B	0.07%
ENS	D	0.07%
PLUS	F	0.07%
ITGR	B	0.07%
SPNS	F	0.07%
TRNS	F	0.07%
PRDO	B	0.07%
PBT	B	0.07%
KFRC	D	0.07%
SUPN	B	0.07%
JBT	B	0.07%
TNC	F	0.07%
PLOW	D	0.07%
AZZ	B	0.07%
LZB	A	0.07%
APLE	B	0.07%
AVNS	F	0.06%
ECVT	C	0.06%
MNRO	B	0.06%
SEM	B	0.06%
ATNI	F	0.06%
SFL	F	0.06%
OFIX	B	0.06%
GPRK	C	0.06%
IBEX	B	0.06%
MYRG	B	0.06%
ITRN	C	0.06%
ENV	B	0.06%
MMSI	A	0.06%
FUL	F	0.06%
CENT	C	0.06%
CVCO	A	0.06%
ARCH	B	0.06%
CXT	D	0.06%
PRGO	C	0.06%
LGTY	B	0.06%
CABO	B	0.06%
MLAB	F	0.06%
GPI	A	0.06%
RGR	F	0.06%
BOX	B	0.06%
CSV	B	0.06%
NARI	C	0.05%
KIDS	F	0.05%
LIVN	C	0.05%
XNCR	B	0.05%
ETD	D	0.05%
SPB	C	0.05%
VPG	F	0.05%
ZD	B	0.05%
PDCO	F	0.05%
CRI	D	0.05%
JOUT	F	0.05%
ATEX	F	0.05%
POWI	D	0.05%
RDNT	B	0.05%
ASGN	D	0.05%
PZZA	D	0.05%
GKOS	B	0.05%
HAE	A	0.05%
AMED	F	0.05%
CEVA	B	0.05%
AORT	B	0.05%
WK	B	0.05%
IART	C	0.05%
ALKS	B	0.05%
AIN	C	0.05%
MATW	C	0.05%
MEI	F	0.05%
VSH	F	0.05%
IRDM	C	0.05%
FSTR	B	0.05%
HUN	F	0.05%
AEIS	B	0.05%
NVEC	D	0.05%
STRA	C	0.05%
NVST	C	0.05%
AGIO	B	0.05%
SCSC	B	0.05%
ATEN	A	0.05%
CMCO	C	0.05%
FORR	F	0.05%
VREX	C	0.04%
CNXC	F	0.04%
VRNT	D	0.04%
VECO	F	0.04%
THRM	F	0.04%
NEOG	D	0.04%
FORM	F	0.04%
AMN	F	0.04%
USPH	C	0.04%
BOWL	F	0.04%
USNA	C	0.04%
SRDX	C	0.04%
IPGP	D	0.04%
CNMD	C	0.04%
SHEN	F	0.04%
PTCT	B	0.04%
NATR	B	0.04%
ATRC	C	0.04%
TTGT	C	0.04%
MTRN	C	0.04%
DK	D	0.04%
IMTX	F	0.03%
ANIK	D	0.03%
HELE	C	0.03%
IRWD	D	0.03%
OGN	F	0.03%
RARE	F	0.03%
TBPH	B	0.03%
JBI	F	0.03%
OXM	F	0.03%
NRC	F	0.03%
CBRL	C	0.03%
HLF	C	0.03%
PCRX	C	0.03%
SCHL	F	0.03%
ARCO	D	0.03%
ALRM	C	0.03%
LEG	F	0.03%
ZIP	D	0.03%
HI	C	0.03%
ANIP	D	0.03%
ACAD	C	0.02%
AZTA	F	0.02%
AAP	D	0.02%

SMLV Underweight 341 Positions Relative to BFOR

Symbol	Grade	Weight
APP	A	-0.56%
LEU	C	-0.45%
UAL	A	-0.41%
POWL	C	-0.4%
IESC	B	-0.38%
USLM	A	-0.38%
TPL	A	-0.37%
PLTR	A	-0.37%
AXON	A	-0.36%
UPWK	B	-0.34%
PAY	A	-0.34%
STRL	B	-0.33%
RCL	A	-0.32%
VRT	A	-0.32%
AAON	A	-0.32%
APO	A	-0.32%
PAYO	A	-0.32%
RMBS	C	-0.31%
ALSN	B	-0.31%
RJF	A	-0.31%
IDCC	A	-0.31%
WFC	A	-0.31%
EXPE	A	-0.31%
CCL	A	-0.31%
SYF	A	-0.31%
IBKR	A	-0.31%
AIT	A	-0.3%
PCTY	B	-0.3%
PAYC	B	-0.3%
PEGA	B	-0.3%
DOCS	C	-0.3%
SFM	A	-0.3%
TILE	A	-0.3%
AMP	A	-0.29%
FLEX	B	-0.29%
NEWT	B	-0.29%
SUM	B	-0.29%
NVDA	B	-0.29%
FIX	A	-0.29%
TRGP	A	-0.29%
SNA	A	-0.29%
BKR	A	-0.29%
HLNE	A	-0.29%
MCB	A	-0.29%
SKWD	A	-0.29%
EXEL	B	-0.29%
MLI	B	-0.29%
CEIX	A	-0.29%
UNM	A	-0.29%
EWBC	A	-0.29%
LRN	A	-0.28%
PYPL	A	-0.28%
BBW	B	-0.28%
NFLX	A	-0.28%
EME	B	-0.28%
WMB	A	-0.28%
TXRH	A	-0.28%
PPC	B	-0.28%
ZM	B	-0.28%
CRS	A	-0.28%
GDDY	A	-0.28%
FTNT	A	-0.28%
BKNG	A	-0.28%
TGTX	B	-0.28%
AX	A	-0.28%
MTB	A	-0.28%
CW	B	-0.27%
TMUS	A	-0.27%
PANW	B	-0.27%
DAKT	A	-0.27%
UTI	A	-0.27%
ODFL	B	-0.27%
FAST	B	-0.27%
MTDR	C	-0.27%
PFBC	A	-0.27%
NOG	A	-0.27%
QLYS	C	-0.27%
BY	A	-0.27%
CASH	A	-0.27%
NTRS	A	-0.27%
FOUR	B	-0.27%
NRP	A	-0.27%
HWM	A	-0.27%
ERII	B	-0.27%
USAP	B	-0.27%
FOX	A	-0.27%
AWI	A	-0.27%
CPAY	A	-0.27%
FITB	A	-0.26%
IBCP	A	-0.26%
WHD	B	-0.26%
GOOGL	B	-0.26%
MSI	A	-0.26%
FFIV	B	-0.26%
PODD	A	-0.26%
EA	A	-0.26%
ITT	A	-0.26%
HCI	B	-0.26%
MGY	A	-0.26%
FN	C	-0.26%
DECK	A	-0.26%
URI	B	-0.26%
LPX	A	-0.26%
TDY	B	-0.26%
CEG	D	-0.26%
ADSK	B	-0.26%
OZK	A	-0.26%
CUBI	B	-0.26%
NRG	B	-0.26%
FTI	A	-0.26%
ATR	B	-0.26%
ACMR	F	-0.26%
AMZN	B	-0.26%
OKE	A	-0.26%
ARLP	A	-0.26%
AMAL	B	-0.26%
APH	B	-0.26%
PH	A	-0.26%
TRN	A	-0.26%
OII	B	-0.26%
FCNCA	A	-0.26%
CPRT	A	-0.26%
G	A	-0.26%
CHTR	B	-0.26%
RL	B	-0.26%
JPM	A	-0.26%
BR	A	-0.25%
XOM	B	-0.25%
DCI	B	-0.25%
SLVM	B	-0.25%
MRO	A	-0.25%
ANF	C	-0.25%
TW	B	-0.25%
PAYX	B	-0.25%
ISRG	A	-0.25%
RBA	A	-0.25%
AXP	A	-0.25%
HUBB	B	-0.25%
REVG	A	-0.25%
ANET	C	-0.25%
CINF	A	-0.25%
WLDN	C	-0.25%
YELP	C	-0.25%
FIZZ	B	-0.25%
PLMR	A	-0.25%
ADP	B	-0.25%
WTS	A	-0.25%
IPAR	C	-0.25%
BELFB	C	-0.25%
UTHR	B	-0.25%
ORCL	A	-0.25%
WDAY	B	-0.25%
MLM	B	-0.25%
CAT	B	-0.25%
APD	A	-0.25%
FDS	A	-0.25%
INGR	B	-0.25%
MCRI	A	-0.25%
MBWM	A	-0.25%
DBX	C	-0.25%
SM	C	-0.25%
OSBC	A	-0.25%
EXP	B	-0.25%
AIZ	A	-0.25%
EOG	A	-0.25%
HES	B	-0.25%
TCMD	A	-0.25%
CBT	C	-0.24%
XPEL	B	-0.24%
CME	A	-0.24%
FBP	A	-0.24%
RGA	A	-0.24%
CTSH	B	-0.24%
EPD	A	-0.24%
CMG	B	-0.24%
AAPL	C	-0.24%
ALL	A	-0.24%
MANH	D	-0.24%
DT	C	-0.24%
FANG	D	-0.24%
HEI	A	-0.24%
TBBK	A	-0.24%
V	A	-0.24%
BRO	B	-0.24%
AMPY	D	-0.24%
IT	B	-0.24%
DRI	B	-0.24%
CTAS	B	-0.24%
VEEV	C	-0.24%
PLAB	D	-0.24%
MOD	C	-0.24%
MPLX	A	-0.24%
ET	A	-0.24%
MA	A	-0.24%
CPRX	C	-0.24%
GGG	A	-0.24%
WWD	B	-0.24%
SIG	B	-0.24%
CQP	A	-0.24%
CASY	B	-0.24%
CF	A	-0.24%
CSL	B	-0.24%
META	C	-0.24%
DOV	A	-0.24%
TSCO	D	-0.23%
THC	C	-0.23%
SSNC	D	-0.23%
MSFT	D	-0.23%
MPC	D	-0.23%
CACI	C	-0.23%
DVN	F	-0.23%
TEX	D	-0.23%
DY	C	-0.23%
CHWY	B	-0.23%
MCO	C	-0.23%
NYT	D	-0.23%
WEC	A	-0.23%
NBIX	D	-0.23%
AFL	C	-0.23%
NTAP	D	-0.23%
OFG	B	-0.23%
OTTR	C	-0.23%
HIG	C	-0.23%
TJX	A	-0.23%
CHDN	C	-0.23%
VRSN	D	-0.23%
PGR	B	-0.23%
TGT	D	-0.23%
NOV	D	-0.23%
LII	B	-0.23%
COR	B	-0.23%
WRB	A	-0.23%
SCCO	F	-0.23%
COOP	B	-0.23%
TOL	B	-0.23%
GL	B	-0.23%
ZBH	C	-0.23%
JWN	A	-0.23%
ADBE	F	-0.23%
THR	C	-0.23%
CHD	A	-0.23%
COST	B	-0.23%
KNSL	C	-0.23%
SYK	A	-0.23%
CWCO	C	-0.22%
CBOE	D	-0.22%
HESM	C	-0.22%
ON	F	-0.22%
IBM	D	-0.22%
WES	C	-0.22%
CNA	C	-0.22%
IMMR	F	-0.22%
MSA	D	-0.22%
NEU	C	-0.22%
JKHY	D	-0.22%
BLDR	D	-0.22%
SO	C	-0.22%
EBAY	D	-0.22%
RNR	D	-0.22%
SPGI	C	-0.22%
SYY	D	-0.22%
BURL	C	-0.22%
NVR	D	-0.22%
KOS	D	-0.22%
MMM	D	-0.22%
FDX	A	-0.22%
AMAT	F	-0.22%
ROL	A	-0.22%
ECL	D	-0.22%
QCOM	F	-0.22%
YETI	F	-0.22%
WFRD	F	-0.21%
MBIN	D	-0.21%
SKX	D	-0.21%
RMD	C	-0.21%
ZTS	D	-0.21%
VITL	F	-0.21%
WSM	F	-0.21%
JNJ	D	-0.21%
PHM	D	-0.21%
HRB	D	-0.21%
XYL	D	-0.21%
KMB	C	-0.21%
IBP	F	-0.21%
TH	C	-0.21%
APA	F	-0.21%
EGY	F	-0.21%
FC	F	-0.21%
ROST	D	-0.21%
COKE	C	-0.21%
MHO	D	-0.21%
HOLX	D	-0.21%
DVA	C	-0.21%
MEDP	D	-0.21%
PEP	F	-0.21%
NSSC	F	-0.21%
BMRN	F	-0.21%
VLTO	D	-0.21%
IPG	F	-0.21%
DKS	D	-0.21%
LEN	D	-0.21%
EG	D	-0.21%
MOH	F	-0.2%
HALO	D	-0.2%
HOG	D	-0.2%
IQV	F	-0.2%
FCN	F	-0.2%
CL	D	-0.2%
YOU	D	-0.2%
KLAC	F	-0.2%
BOOT	C	-0.2%
GRBK	D	-0.2%
ONTO	F	-0.2%
ACGL	C	-0.2%
FMC	F	-0.2%
DFIN	D	-0.2%
WMS	F	-0.2%
HSY	F	-0.2%
HY	F	-0.2%
PTGX	D	-0.2%
AKAM	F	-0.2%
AOS	F	-0.2%
WING	F	-0.19%
COLL	F	-0.19%
DFH	F	-0.19%
FSLR	F	-0.19%
LLY	F	-0.19%
DHI	D	-0.19%
UHS	D	-0.19%
INSW	F	-0.19%
LNW	D	-0.19%
HRTG	C	-0.18%
SIGA	F	-0.18%
CRUS	F	-0.18%
CROX	F	-0.17%
LNTH	F	-0.17%
BLBD	F	-0.17%
TDW	F	-0.16%
MPWR	F	-0.15%
ASC	F	-0.15%
REGN	F	-0.15%