SPGM vs. AVIV ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Avantis International Large Cap Value ETF (AVIV)

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

$60.14

Average Daily Volume

36,943

Number of Holdings ^*

997

* may have additional holdings in another (foreign) market

AVIV

Avantis International Large Cap Value ETF

AVIV Description

AVIV actively invests in equity securities from developed market companies outside the US, reaching across different market sectors and industry groups, with a focus on companies trading at lower prices relative to their book value ratios and other financial metrics. The fund emphasises high profitability and value companies, which are identified by looking at reported and estimated company financials, market data, and other fundamental data like cash flows, revenues, and shares outstanding. The portfolio managers may also consider other factors when selecting the securities for the fund, such as historical performance of the share, liquidity, and tax, governance, or cost considerations. Market and financial data analysis is utilized on a continuous basis to make buy, sell, and hold decisions.

Grade (RS Rating)

Last Trade

$55.32

Average Daily Volume

34,913

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	AVIV
30 Days	4.65%	5.10%
60 Days	0.99%	2.72%
90 Days	2.89%	5.77%
12 Months	21.55%	21.08%

14 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in AVIV	Overlap
AZN	B	0.1%	0.0%	0.0%
BCS	A	0.06%	0.67%	0.06%
CNI	D	0.16%	0.41%	0.16%
DEO	F	0.08%	0.09%	0.08%
E	D	0.06%	0.62%	0.06%
HMC	F	0.03%	0.62%	0.03%
LYG	B	0.05%	0.3%	0.05%
MFG	B	0.06%	0.29%	0.06%
MT	D	0.03%	0.07%	0.03%
NVS	C	0.23%	0.33%	0.23%
SMFG	A	0.08%	0.64%	0.08%
STLA	D	0.08%	0.73%	0.08%
TD	F	0.13%	0.45%	0.13%
TM	D	0.35%	2.07%	0.35%

SPGM Overweight 983 Positions Relative to AVIV

Symbol	Grade	Weight
MSFT	A	3.67%
AAPL	B	3.44%
NVDA	A	2.78%
AMZN	C	2.03%
META	D	1.29%
GOOG	A	1.22%
GOOGL	A	1.19%
TSM	A	0.91%
JPM	B	0.81%
AVGO	B	0.79%
LLY	A	0.79%
XOM	D	0.7%
BRK.A	C	0.68%
UNH	C	0.65%
V	C	0.65%
TSLA	D	0.59%
COST	A	0.57%
PG	B	0.51%
HD	F	0.49%
BAC	A	0.47%
TMO	C	0.46%
MRK	C	0.45%
CRM	D	0.45%
TXN	B	0.42%
JNJ	F	0.41%
MA	D	0.4%
INTU	C	0.39%
WFC	C	0.38%
ABBV	F	0.37%
AMAT	A	0.36%
CVX	B	0.36%
ADBE	F	0.35%
DHR	B	0.35%
QCOM	B	0.35%
WMT	A	0.34%
ABT	F	0.34%
AXP	B	0.32%
ORCL	B	0.32%
NFLX	A	0.31%
RTX	A	0.31%
CSCO	F	0.31%
GS	B	0.31%
KO	B	0.31%
TJX	B	0.31%
PEP	C	0.31%
AMD	C	0.3%
CB	C	0.3%
LIN	D	0.3%
CAT	D	0.29%
DIS	D	0.28%
LOW	F	0.27%
UNP	F	0.27%
ACN	F	0.26%
C	B	0.26%
NEE	A	0.26%
MS	B	0.25%
BKNG	B	0.25%
A	C	0.25%
MCK	B	0.24%
MDT	C	0.24%
AMGN	C	0.24%
IBM	D	0.24%
GD	A	0.24%
ELV	C	0.24%
WM	D	0.23%
PLD	F	0.23%
LMT	B	0.23%
ETN	B	0.23%
NKE	F	0.23%
AFL	A	0.22%
MCD	F	0.22%
SPGI	C	0.22%
CMI	D	0.22%
PFE	D	0.22%
ADP	C	0.21%
MPC	D	0.2%
BABA	C	0.2%
SBUX	D	0.2%
SONY	F	0.2%
PSA	D	0.2%
EMR	B	0.2%
ADI	B	0.2%
HON	B	0.2%
COP	D	0.2%
SYK	D	0.19%
TRV	D	0.19%
MET	C	0.19%
INTC	F	0.19%
DE	F	0.19%
ORLY	F	0.19%
CSX	D	0.19%
BDX	F	0.18%
ABBV	F	0.18%
UL	A	0.17%
TT	B	0.17%
NOC	D	0.17%
JCI	B	0.17%
CMCSA	F	0.17%
TEL	A	0.17%
ROST	C	0.17%
SCHW	C	0.17%
MMC	B	0.17%
PM	A	0.17%
T	B	0.17%
PRU	B	0.16%
NSC	F	0.16%
AEP	C	0.16%
EOG	D	0.16%
IBN	B	0.16%
FDX	F	0.16%
AMT	C	0.16%
PGR	D	0.15%
HSY	C	0.15%
MUFG	C	0.15%
GILD	F	0.15%
DFS	D	0.15%
BK	B	0.15%
INFY	D	0.14%
CL	B	0.14%
GE	A	0.14%
VLO	D	0.14%
VZ	D	0.14%
ECL	B	0.14%
PH	D	0.14%
CVS	F	0.14%
ALL	D	0.14%
REGN	B	0.13%
SYY	F	0.13%
SPG	C	0.13%
KEYS	F	0.13%
NOW	C	0.13%
CEG	B	0.13%
IR	B	0.13%
PEG	A	0.13%
HES	D	0.13%
BSX	A	0.13%
BA	D	0.13%
ITW	F	0.13%
PNC	C	0.13%
KMB	C	0.12%
FAST	D	0.12%
CMG	B	0.12%
YUM	C	0.12%
CTSH	F	0.12%
COF	D	0.12%
GLW	B	0.12%
RDY	D	0.12%
UBER	D	0.12%
TGT	D	0.12%
UPS	F	0.12%
HPQ	A	0.11%
PDD	B	0.11%
USB	D	0.11%
MKC	D	0.11%
BMY	F	0.11%
EIX	B	0.11%
PYPL	D	0.11%
EL	F	0.1%
ZTS	C	0.1%
DUK	B	0.1%
NTAP	A	0.1%
ADM	F	0.1%
MTB	C	0.1%
BIIB	D	0.1%
CLX	F	0.1%
CI	D	0.09%
MMM	C	0.09%
VALE	D	0.09%
LRCX	B	0.09%
ISRG	A	0.09%
ROIC	F	0.09%
CHT	A	0.09%
CME	D	0.09%
MU	A	0.09%
PANW	C	0.09%
EBAY	B	0.09%
CRWD	B	0.09%
MELI	C	0.09%
SJM	F	0.08%
CHTR	D	0.08%
GM	C	0.08%
PPL	B	0.08%
CHD	C	0.08%
UMH	C	0.08%
UMC	A	0.08%
CTVA	C	0.08%
DD	A	0.08%
WDC	A	0.08%
MO	B	0.08%
TSN	C	0.08%
DOW	B	0.08%
F	D	0.08%
SLB	F	0.08%
SHOP	F	0.08%
LYB	D	0.08%
STX	B	0.07%
FTV	F	0.07%
EXC	D	0.07%
STT	C	0.07%
MRO	D	0.07%
PKX	F	0.07%
TCOM	C	0.07%
SO	B	0.07%
FE	C	0.07%
APD	B	0.07%
CHRW	B	0.07%
DLTR	F	0.07%
VRTX	B	0.07%
BLK	C	0.07%
KLAC	A	0.06%
CARR	B	0.06%
VGR	C	0.06%
EQR	C	0.06%
BAX	F	0.06%
NXRT	B	0.06%
DEA	D	0.06%
VRT	B	0.06%
BEN	F	0.06%
HDB	D	0.06%
JNPR	D	0.06%
ANET	C	0.06%
MDLZ	D	0.06%
GIS	D	0.06%
PSX	D	0.06%
AON	F	0.06%
HAL	F	0.06%
HPE	B	0.06%
MRNA	B	0.06%
WMB	B	0.06%
OXY	D	0.06%
VLTO	A	0.05%
GOOD	C	0.05%
MRVL	B	0.05%
DOC	C	0.05%
BX	C	0.05%
SNOW	D	0.05%
COIN	C	0.05%
SMCI	D	0.05%
ABNB	D	0.05%
TMUS	A	0.05%
SNPS	B	0.05%
NMR	D	0.05%
FCX	B	0.05%
LW	D	0.05%
K	C	0.05%
CAG	C	0.05%
WIT	D	0.05%
ITUB	D	0.05%
ALLE	D	0.04%
BIDU	D	0.04%
NEM	C	0.04%
KB	C	0.04%
TMDX	A	0.04%
LVS	F	0.04%
FOXA	B	0.04%
MOD	C	0.04%
EQIX	C	0.04%
SYF	C	0.04%
OTIS	C	0.04%
PLTR	D	0.04%
TTD	B	0.04%
ACRE	F	0.03%
MOS	D	0.03%
FTI	B	0.03%
WDAY	F	0.03%
CHCT	F	0.03%
NET	F	0.03%
AXNX	D	0.03%
SQ	D	0.03%
DELL	B	0.03%
DDOG	D	0.03%
LNW	D	0.03%
SHW	D	0.03%
MDB	D	0.03%
WBA	F	0.03%
LNTH	C	0.03%
MPWR	B	0.03%
AXON	D	0.03%
DXCM	D	0.03%
KVUE	D	0.03%
SE	C	0.03%
YUMC	F	0.03%
BBD	F	0.03%
LDOS	B	0.03%
PBR	D	0.03%
TPR	D	0.03%
BRSP	F	0.03%
DX	B	0.03%
GEV	C	0.03%
ENPH	B	0.02%
VIPS	D	0.02%
ON	C	0.02%
VEEV	D	0.02%
PBF	D	0.02%
MTDR	D	0.02%
CVNA	C	0.02%
AIV	C	0.02%
ZM	D	0.02%
DYN	C	0.02%
ALLY	C	0.02%
FICO	B	0.02%
URI	C	0.02%
APP	B	0.02%
GGB	D	0.02%
KSS	B	0.02%
SNAP	C	0.02%
QTWO	B	0.02%
CDNS	C	0.02%
TAL	D	0.02%
CFG	C	0.02%
AZEK	D	0.02%
DVN	D	0.02%
PLAY	D	0.02%
NUE	F	0.02%
KOS	C	0.02%
ZS	F	0.02%
TBBK	D	0.02%
HUBS	C	0.02%
LULU	F	0.02%
WBD	F	0.02%
FTNT	F	0.02%
GOLD	B	0.02%
TAC	D	0.02%
HOV	D	0.02%
PARA	D	0.02%
ABEV	F	0.02%
IIPR	C	0.02%
MSTR	B	0.02%
AHH	C	0.02%
CF	D	0.02%
LI	F	0.02%
BABA	C	0.02%
PINS	B	0.02%
FSLR	A	0.02%
TEAM	F	0.02%
TTGT	D	0.02%
HIMS	B	0.02%
CELH	C	0.02%
ITCI	D	0.02%
BKR	F	0.02%
SHG	C	0.02%
WTTR	A	0.02%
DKNG	F	0.02%
GEHC	D	0.02%
RCL	A	0.02%
CHX	D	0.02%
DASH	D	0.02%
HCA	C	0.02%
IFF	C	0.02%
KMI	B	0.02%
ROCK	F	0.01%
PLAB	D	0.01%
VPG	D	0.01%
RGEN	F	0.01%
SMAR	D	0.01%
QS	D	0.01%
ENVX	C	0.01%
FLNC	B	0.01%
RKLB	C	0.01%
RPAY	D	0.01%
RCKT	F	0.01%
AI	D	0.01%
WRLD	F	0.01%
CIB	C	0.01%
RDFN	D	0.01%
EVH	F	0.01%
WSR	A	0.01%
EXPI	D	0.01%
APPS	D	0.01%
BILL	F	0.01%
VITL	B	0.01%
MEG	C	0.01%
NVT	B	0.01%
RAMP	F	0.01%
ASAN	F	0.01%
CCO	F	0.01%
HUYA	C	0.01%
FBK	C	0.01%
PNR	C	0.01%
GME	C	0.01%
TDOC	F	0.01%
ARVN	D	0.01%
SONO	D	0.01%
PIXY	F	0.01%
NVAX	B	0.01%
PNTG	A	0.01%
CMPR	D	0.01%
LIND	D	0.01%
BLFS	B	0.01%
BTU	D	0.01%
BCRX	C	0.01%
HCAT	D	0.01%
JELD	F	0.01%
DLR	B	0.01%
Z	F	0.01%
ATKR	F	0.01%
CC	D	0.01%
ITRI	A	0.01%
RNA	C	0.01%
ALEX	D	0.01%
ELAN	A	0.01%
GNRC	B	0.01%
PACK	D	0.01%
VKTX	D	0.01%
LOB	F	0.01%
SQM	C	0.01%
AAON	D	0.01%
AMR	D	0.01%
GTLB	D	0.01%
PHI	D	0.01%
MGNI	B	0.01%
IDXX	C	0.01%
CASH	C	0.01%
PAY	D	0.01%
LBRDK	D	0.01%
XPO	D	0.01%
OGN	C	0.01%
ACMR	D	0.01%
ASPN	B	0.01%
PCH	F	0.01%
IMVT	D	0.01%
SRRK	F	0.01%
CLBT	C	0.01%
BGNE	D	0.01%
LASR	C	0.01%
MCRI	F	0.01%
SLP	C	0.01%
RVLV	D	0.01%
FOUR	C	0.01%
CLNE	C	0.01%
NOV	F	0.01%
PATH	F	0.01%
RIOT	F	0.01%
KOP	F	0.01%
EXPE	F	0.01%
ADSK	F	0.01%
CZR	F	0.01%
IQ	C	0.01%
INTA	C	0.01%
M	B	0.01%
YETI	D	0.01%
OSW	B	0.01%
TGI	D	0.01%
BZ	C	0.01%
MITK	D	0.01%
PEN	F	0.01%
BE	B	0.01%
BZH	F	0.01%
VSTO	C	0.01%
EFC	C	0.01%
U	F	0.01%
ROKU	F	0.01%
ZETA	C	0.01%
RLX	D	0.01%
AGNC	B	0.01%
CPRX	B	0.01%
COLL	D	0.01%
GSAT	F	0.01%
KD	C	0.01%
JBI	C	0.01%
ULH	C	0.01%
AKRO	F	0.01%
SOFI	F	0.01%
FUTU	B	0.01%
RDNT	A	0.01%
BLBD	B	0.01%
MDGL	D	0.01%
DOCU	C	0.01%
BASE	C	0.01%
ZTO	B	0.01%
RCUS	D	0.01%
TWLO	F	0.01%
EXAS	F	0.01%
CENX	B	0.01%
W	D	0.01%
PRTA	F	0.01%
PTCT	B	0.01%
HASI	B	0.01%
SRPT	D	0.01%
JKS	C	0.01%
ALGN	F	0.01%
OMI	F	0.01%
MNDY	B	0.01%
PTEN	F	0.01%
EVBG	D	0.01%
XPEV	D	0.01%
PHR	D	0.01%
DQ	F	0.01%
ATLC	F	0.01%
NXPI	A	0.01%
COMP	C	0.01%
CCS	C	0.01%
MBIN	D	0.01%
INMD	D	0.01%
IDYA	D	0.01%
HSTM	C	0.01%
TGTX	C	0.01%
MHO	C	0.01%
BHF	F	0.01%
GERN	D	0.01%
SEMR	C	0.01%
CROX	A	0.01%
ENS	B	0.01%
CLDX	D	0.01%
ERJ	C	0.01%
TWST	C	0.01%
SQ	D	0.01%
CLDT	F	0.01%
FIS	C	0.01%
RYTM	D	0.01%
MRC	C	0.01%
ILMN	F	0.01%
EPAM	F	0.01%
GMS	D	0.01%
AFRM	F	0.01%
AKO.A	B	0.01%
AES	B	0.01%
MATX	A	0.01%
VERX	B	0.01%
POWL	A	0.01%
RIVN	D	0.01%
MARA	C	0.01%
TOST	C	0.01%
SWAV	A	0.01%
GRBK	D	0.01%
SID	F	0.01%
ABR	C	0.01%
NWSA	B	0.01%
ADMA	B	0.01%
EPRT	C	0.01%
VTRS	F	0.01%
THR	B	0.01%
TREX	D	0.01%
ORA	B	0.01%
BEKE	C	0.01%
BBWI	B	0.01%
KEX	A	0.01%
DVAX	D	0.01%
INSP	F	0.01%
NIO	D	0.01%
PLMR	C	0.01%
ALB	D	0.01%
FLNG	C	0.01%
INBX	D	0.01%
OKTA	C	0.01%
ARWR	F	0.01%
RBLX	D	0.01%
SOLV	F	0.01%
APA	F	0.01%
GMRE	B	0.01%
CCL	B	0.01%
VNT	D	0.01%
CLSK	C	0.01%
BLDR	D	0.01%
ACEL	F	0.01%
DCPH	A	0.01%
IMXI	D	0.01%
SKY	F	0.01%
TEVA	B	0.01%
OII	B	0.01%
AGYS	C	0.01%
BBIO	D	0.01%
SRG	F	0.0%
KRYS	D	0.0%
XPEV	D	0.0%
LI	F	0.0%
SMWB	D	0.0%
IHRT	F	0.0%
ALEC	F	0.0%
JOBY	F	0.0%
WW	F	0.0%
JAMF	F	0.0%
MP	D	0.0%
FORR	F	0.0%
ATUS	C	0.0%
OLMA	F	0.0%
UNIT	F	0.0%
OEC	C	0.0%
REPX	D	0.0%
FRGE	F	0.0%
AGL	D	0.0%
CRCT	D	0.0%
MORF	D	0.0%
EVC	D	0.0%
TH	C	0.0%
FLWS	D	0.0%
ZNTL	F	0.0%
ASTH	B	0.0%
TPB	C	0.0%
MVIS	F	0.0%
TBI	F	0.0%
DADA	F	0.0%
SNCY	F	0.0%
MLNK	B	0.0%
RGNX	F	0.0%
BMBL	D	0.0%
BOC	D	0.0%
CRNC	F	0.0%
SHYF	C	0.0%
GDS	D	0.0%
TELL	D	0.0%
LGIH	F	0.0%
PRVA	F	0.0%
PKST	F	0.0%
FNA	F	0.0%
DAN	B	0.0%
MLCO	D	0.0%
DENN	F	0.0%
MCB	C	0.0%
CGEM	C	0.0%
FSBC	B	0.0%
CEVA	F	0.0%
OVV	D	0.0%
KE	C	0.0%
EDIT	F	0.0%
TMCI	F	0.0%
FIGS	D	0.0%
OLO	F	0.0%
SHEN	D	0.0%
ZEUS	F	0.0%
FLGT	D	0.0%
PFC	D	0.0%
GDOT	D	0.0%
XPOF	F	0.0%
HROW	B	0.0%
LUMN	F	0.0%
MGPI	F	0.0%
VERV	F	0.0%
ORLA	B	0.0%
AMRC	C	0.0%
CABA	F	0.0%
PDFS	B	0.0%
QFIN	C	0.0%
MOFG	D	0.0%
CTKB	F	0.0%
MXL	F	0.0%
BEAM	F	0.0%
LAW	F	0.0%
MNSO	B	0.0%
TRUP	C	0.0%
SAVA	C	0.0%
NNVC	B	0.0%
HOG	D	0.0%
CNDT	D	0.0%
RENB	F	0.0%
SGRY	F	0.0%
SNPO	B	0.0%
VNET	D	0.0%
LSCC	B	0.0%
EYE	F	0.0%
CAN	F	0.0%
NABL	F	0.0%
PLL	D	0.0%
ELVN	C	0.0%
MAT	F	0.0%
SHC	F	0.0%
CECO	B	0.0%
APTV	C	0.0%
APPN	F	0.0%
MAX	D	0.0%
ZUO	C	0.0%
HURN	D	0.0%
MRVI	C	0.0%
HIBB	A	0.0%
NKLA	F	0.0%
COMM	D	0.0%
NCNO	F	0.0%
DH	F	0.0%
VIR	C	0.0%
NMIH	C	0.0%
LPRO	D	0.0%
YOU	F	0.0%
IBP	D	0.0%
HAE	C	0.0%
WTO	C	0.0%
IRTC	F	0.0%
OSPN	B	0.0%
BROS	C	0.0%
RAPT	F	0.0%
BVN	B	0.0%
ETNB	F	0.0%
LAND	D	0.0%
THO	F	0.0%
KRUS	D	0.0%
CEIX	B	0.0%
CALX	C	0.0%
MODN	B	0.0%
AOSL	B	0.0%
PARR	F	0.0%
SWBI	D	0.0%
ALHC	B	0.0%
ICHR	D	0.0%
FUBO	F	0.0%
WOLF	D	0.0%
XHR	D	0.0%
LMND	D	0.0%
MDXG	D	0.0%
CUBI	F	0.0%
GRPN	C	0.0%
NOVA	F	0.0%
GOGO	C	0.0%
VCYT	D	0.0%
THRM	D	0.0%
GKOS	B	0.0%
DGII	F	0.0%
SOUN	D	0.0%
ADUS	A	0.0%
COTY	D	0.0%
ALTG	F	0.0%
AMC	D	0.0%
DNOW	D	0.0%
ME	D	0.0%
CAR	D	0.0%
LILAK	B	0.0%
RVNC	F	0.0%
CRSR	D	0.0%
PDFS	B	0.0%
TLRY	F	0.0%
KNSA	C	0.0%
SABR	C	0.0%
ENVA	D	0.0%
SVC	F	0.0%
PACB	F	0.0%
ATEN	C	0.0%
IDT	C	0.0%
NARI	C	0.0%
PENN	F	0.0%
SITM	B	0.0%
RIG	C	0.0%
GH	B	0.0%
SM	D	0.0%
ENIC	B	0.0%
SPCE	F	0.0%
MED	F	0.0%
SANA	D	0.0%
HAYN	D	0.0%
S	D	0.0%
UVV	D	0.0%
ULCC	F	0.0%
GLBE	D	0.0%
LWLG	F	0.0%
GPRO	F	0.0%
CHEF	A	0.0%
ATRO	B	0.0%
APLS	F	0.0%
ESTA	C	0.0%
VSCO	D	0.0%
PCVX	C	0.0%
HAYW	C	0.0%
DHI	D	0.0%
CCB	C	0.0%
FVRR	C	0.0%
OSUR	F	0.0%
QTRX	F	0.0%
MQ	D	0.0%
SIBN	F	0.0%
CXM	D	0.0%
NVRI	B	0.0%
NEOG	C	0.0%
IAS	D	0.0%
RXST	C	0.0%
ATEC	F	0.0%
AA	B	0.0%
SHLS	F	0.0%
HRI	D	0.0%
TASK	C	0.0%
ADPT	D	0.0%
MNTK	D	0.0%
DHC	F	0.0%
AEHR	F	0.0%
ARLO	B	0.0%
SEDG	F	0.0%
ACHR	F	0.0%
AMRK	B	0.0%
UCTT	C	0.0%
HL	B	0.0%
FIZZ	F	0.0%
CLOV	C	0.0%
EMBC	D	0.0%
LCID	D	0.0%
YY	D	0.0%
IIIV	D	0.0%
ATHM	C	0.0%
VZIO	D	0.0%
LAZR	F	0.0%
LUNG	D	0.0%
NEXT	C	0.0%
PUBM	B	0.0%
DUOL	D	0.0%
AVNS	B	0.0%
NTRA	A	0.0%
IAG	C	0.0%
DNA	F	0.0%
XPRO	B	0.0%
NNDM	B	0.0%
PODD	D	0.0%
RKT	C	0.0%
BURL	C	0.0%
CLF	F	0.0%
BRBR	C	0.0%
CCBG	D	0.0%
YEXT	F	0.0%
PRO	D	0.0%
SFIX	D	0.0%
MOMO	F	0.0%
HTHT	D	0.0%
SQSP	A	0.0%
AX	C	0.0%
RRC	C	0.0%
PL	F	0.0%
WGO	F	0.0%
RVMD	C	0.0%
VMAR	F	0.0%
GRAB	C	0.0%
VRDN	F	0.0%
DBI	D	0.0%
FC	F	0.0%
STAA	D	0.0%
EVRI	F	0.0%
STEM	F	0.0%
CYTK	F	0.0%
BXC	D	0.0%
KIM	D	0.0%
SIGA	D	0.0%
CYRX	F	0.0%
DFH	F	0.0%
AR	B	0.0%
AXSM	B	0.0%
INN	F	0.0%
FRSH	F	0.0%
GXO	F	0.0%
NCLH	D	0.0%
QNST	B	0.0%
PCT	F	0.0%
UWMC	B	0.0%
NUVL	D	0.0%
MTCH	F	0.0%
PTON	F	0.0%
PHAT	C	0.0%
SPWR	D	0.0%
FSLY	F	0.0%
ARDX	D	0.0%
CSTL	B	0.0%
CNC	D	0.0%
PETQ	B	0.0%
APPF	C	0.0%
ZI	F	0.0%
VRNS	C	0.0%
PRG	C	0.0%
CFLT	C	0.0%
PFSI	B	0.0%
GNK	C	0.0%
PTGX	C	0.0%
NX	D	0.0%
MTW	F	0.0%
EB	F	0.0%
BIGC	C	0.0%
TTWO	B	0.0%
APLD	D	0.0%
WRBY	B	0.0%
FROG	F	0.0%
MCFT	D	0.0%
TITN	F	0.0%
DCO	B	0.0%
PCG	B	0.0%
LEU	B	0.0%
UEC	B	0.0%
IAUX	F	0.0%
SNDX	D	0.0%
LSPD	C	0.0%
NVCR	C	0.0%
PAR	B	0.0%
ADNT	F	0.0%
SAM	F	0.0%
VVI	D	0.0%
FSM	A	0.0%
SGU	D	0.0%
EXTR	D	0.0%
WEAV	F	0.0%
WIRE	C	0.0%
HST	D	0.0%
GDRX	B	0.0%
ACCD	F	0.0%
FIVN	F	0.0%
TME	C	0.0%
BYND	D	0.0%
ACVA	B	0.0%
PLPC	C	0.0%
PGC	F	0.0%
KHC	D	0.0%
REZI	C	0.0%
DIN	F	0.0%
GDYN	F	0.0%
UPWK	F	0.0%
SDGR	F	0.0%
FDMT	D	0.0%
TIGR	C	0.0%
PRCT	C	0.0%
KC	D	0.0%
CERT	D	0.0%
VGR	C	0.0%
ENFN	B	0.0%
CASS	D	0.0%
FCEL	F	0.0%
BRZE	F	0.0%
OPEN	F	0.0%
KEP	D	0.0%
COHR	B	0.0%
DOCN	C	0.0%
HSII	B	0.0%
SPR	D	0.0%
CIG	C	0.0%
ANF	A	0.0%
TUYA	B	0.0%
CRMT	D	0.0%
RNG	C	0.0%
BILI	C	0.0%
TNDM	A	0.0%
TRNS	B	0.0%
IIIN	F	0.0%
NTLA	D	0.0%
CHGX	B	0.0%
HCP	B	0.0%
IBUY	C	0.0%
AMG	D	0.0%
KREF	F	0.0%
AUR	F	0.0%
TXG	F	0.0%
SPT	F	0.0%
VMEO	F	0.0%
DDD	F	0.0%
ZLAB	D	0.0%
CTLP	B	0.0%
LYFT	D	0.0%
ETSY	F	0.0%
RLJ	F	0.0%
UPST	D	0.0%
HEES	F	0.0%
REG	D	0.0%
TIGO	A	0.0%
AMPS	F	0.0%
ESTC	D	0.0%
SITE	F	0.0%
OSCR	C	0.0%
RUN	C	0.0%
KLG	F	0.0%
ODFL	F	0.0%
EA	B	0.0%
DMRC	C	0.0%
INDI	C	0.0%
ELF	C	0.0%
CIFR	D	0.0%
BOOT	B	0.0%
INSW	B	0.0%
DRH	F	0.0%
AUPH	D	0.0%
USLM	C	0.0%
DOCS	B	0.0%
LEGH	C	0.0%
CDE	B	0.0%
EQT	B	0.0%
FLYW	F	0.0%
ALKT	B	0.0%
KYMR	D	0.0%
CSGP	F	0.0%
PLUG	D	0.0%
DOMO	F	0.0%
WIX	B	0.0%
ACLS	C	0.0%
VICR	F	0.0%
NSSC	A	0.0%
NEO	F	0.0%
DXC	F	0.0%
CYH	C	0.0%
ARRY	D	0.0%
GPN	F	0.0%
BJRI	C	0.0%
DT	D	0.0%
ARCT	B	0.0%
RXRX	D	0.0%
ALNY	C	0.0%
CHPT	D	0.0%
CARS	B	0.0%

SPGM Underweight 25 Positions Relative to AVIV

Symbol	Grade	Weight
HSBC	B	-1.78%
BP	D	-1.65%
BHP	C	-1.58%
TTE	B	-1.47%
BBVA	D	-0.96%
ASML	B	-0.68%
VOD	B	-0.58%
STM	D	-0.58%
NVO	B	-0.53%
ING	A	-0.4%
GSK	B	-0.38%
EQNR	C	-0.37%
IX	B	-0.34%
ORAN	C	-0.33%
NWG	B	-0.31%
LOGI	A	-0.25%
AER	A	-0.2%
HLN	C	-0.2%
AGCO	F	-0.17%
HAFN	A	-0.09%
WDS	F	-0.05%
BWLP	A	-0.02%
DOOO	F	-0.01%
CUK	B	-0.01%
ERIC	B	-0.0%