SPGM vs. BLV ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Vanguard Long-Term Bond ETF (BLV)

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

37,513

Number of Holdings ^*

997

* may have additional holdings in another (foreign) market

BLV

Vanguard Long-Term Bond ETF

BLV Description

The investment seeks to track the performance of a market-weighted bond index with a long-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. Long Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$70.43

Average Daily Volume

718,755

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	BLV
30 Days	7.34%	3.55%
60 Days	2.34%	-0.93%
90 Days	6.93%	1.04%
12 Months	22.48%	0.88%

196 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in BLV	Overlap
AAPL	B	3.41%	0.02%	0.02%
ABBV	D	0.38%	0.02%	0.02%
ABBV	D	0.19%	0.02%	0.02%
ABT	F	0.34%	0.01%	0.01%
ADI	B	0.18%	0.02%	0.02%
ADM	D	0.1%	0.01%	0.01%
AEP	B	0.16%	0.01%	0.01%
AES	B	0.01%	0.01%	0.01%
AFL	A	0.22%	0.01%	0.01%
ALB	D	0.01%	0.01%	0.01%
ALL	D	0.14%	0.01%	0.01%
ALLY	C	0.02%	0.04%	0.02%
AMAT	B	0.36%	0.01%	0.01%
AMGN	B	0.25%	0.02%	0.02%
AMT	C	0.17%	0.01%	0.01%
AMZN	C	2.06%	0.03%	0.03%
AON	F	0.06%	0.01%	0.01%
APD	C	0.07%	0.01%	0.01%
APTV	D	0.0%	0.01%	0.0%
AVGO	B	0.82%	0.03%	0.03%
AXP	A	0.32%	0.02%	0.02%
AZN	A	0.1%	0.01%	0.01%
BA	D	0.13%	0.01%	0.01%
BABA	C	0.2%	0.02%	0.02%
BABA	C	0.02%	0.02%	0.02%
BAC	A	0.46%	0.01%	0.01%
BAX	F	0.06%	0.01%	0.01%
BDX	F	0.18%	0.01%	0.01%
BEN	F	0.06%	0.01%	0.01%
BHF	F	0.01%	0.02%	0.01%
BIIB	D	0.11%	0.02%	0.02%
BMY	F	0.12%	0.01%	0.01%
BSX	A	0.13%	0.01%	0.01%
C	A	0.26%	0.01%	0.01%
CAG	C	0.05%	0.02%	0.02%
CARR	A	0.06%	0.04%	0.04%
CAT	C	0.3%	0.01%	0.01%
CB	B	0.29%	0.01%	0.01%
CF	D	0.02%	0.02%	0.02%
CFG	B	0.02%	0.01%	0.01%
CHD	B	0.08%	0.01%	0.01%
CHTR	D	0.08%	0.01%	0.01%
CI	D	0.09%	0.01%	0.01%
CL	A	0.14%	0.01%	0.01%
CMCSA	F	0.17%	0.01%	0.01%
CME	D	0.09%	0.02%	0.02%
CMI	D	0.22%	0.01%	0.01%
COP	D	0.21%	0.01%	0.01%
COST	A	0.55%	0.04%	0.04%
CRM	D	0.46%	0.03%	0.03%
CSCO	F	0.33%	0.03%	0.03%
CSX	F	0.19%	0.01%	0.01%
CVS	F	0.14%	0.01%	0.01%
CVX	C	0.37%	0.01%	0.01%
DD	B	0.08%	0.04%	0.04%
DE	D	0.2%	0.01%	0.01%
DELL	B	0.03%	0.04%	0.03%
DHR	A	0.34%	0.01%	0.01%
DIS	D	0.28%	0.01%	0.01%
DOC	B	0.05%	0.01%	0.01%
DOW	C	0.08%	0.01%	0.01%
DT	D	0.0%	0.01%	0.0%
DUK	A	0.1%	0.01%	0.01%
DVN	D	0.02%	0.01%	0.01%
EA	D	0.0%	0.01%	0.0%
EBAY	B	0.09%	0.02%	0.02%
ECL	A	0.14%	0.01%	0.01%
EIX	A	0.11%	0.01%	0.01%
EL	F	0.1%	0.01%	0.01%
EOG	D	0.16%	0.01%	0.01%
EQIX	C	0.04%	0.01%	0.01%
EQR	C	0.06%	0.01%	0.01%
ETN	A	0.23%	0.01%	0.01%
EXC	C	0.07%	0.01%	0.01%
FDX	F	0.17%	0.01%	0.01%
FE	A	0.07%	0.01%	0.01%
FIS	A	0.01%	0.01%	0.01%
FOXA	C	0.04%	0.02%	0.02%
FTV	D	0.07%	0.01%	0.01%
GD	B	0.24%	0.01%	0.01%
GE	C	0.14%	0.01%	0.01%
GILD	F	0.15%	0.01%	0.01%
GIS	C	0.06%	0.01%	0.01%
GLW	B	0.12%	0.01%	0.01%
GM	C	0.08%	0.02%	0.02%
GOOGL	A	1.16%	0.02%	0.02%
GPN	F	0.0%	0.02%	0.0%
GS	A	0.31%	0.01%	0.01%
HAL	F	0.06%	0.03%	0.03%
HCA	C	0.02%	0.01%	0.01%
HD	D	0.51%	0.01%	0.01%
HES	D	0.13%	0.01%	0.01%
HOG	D	0.0%	0.01%	0.0%
HON	B	0.21%	0.01%	0.01%
HPE	C	0.06%	0.04%	0.04%
HPQ	B	0.1%	0.03%	0.03%
HSY	C	0.15%	0.01%	0.01%
IBM	D	0.24%	0.01%	0.01%
IFF	B	0.02%	0.01%	0.01%
INTC	F	0.19%	0.01%	0.01%
ITW	D	0.13%	0.01%	0.01%
JCI	A	0.16%	0.01%	0.01%
JNJ	D	0.41%	0.01%	0.01%
JNPR	D	0.06%	0.01%	0.01%
JPM	C	0.83%	0.01%	0.01%
K	B	0.05%	0.01%	0.01%
KIM	C	0.0%	0.01%	0.0%
KLAC	B	0.05%	0.01%	0.01%
KMB	C	0.12%	0.01%	0.01%
KMI	B	0.02%	0.01%	0.01%
KO	B	0.31%	0.01%	0.01%
KSS	C	0.02%	0.01%	0.01%
LIN	D	0.3%	0.01%	0.01%
LLY	B	0.78%	0.01%	0.01%
LMT	B	0.23%	0.01%	0.01%
LOW	D	0.29%	0.01%	0.01%
LRCX	C	0.09%	0.01%	0.01%
LYB	D	0.09%	0.01%	0.01%
MA	D	0.4%	0.01%	0.01%
MCD	F	0.22%	0.01%	0.01%
MDLZ	C	0.06%	0.02%	0.02%
MDT	B	0.24%	0.05%	0.05%
MET	C	0.19%	0.01%	0.01%
MKC	C	0.11%	0.01%	0.01%
MMC	A	0.17%	0.01%	0.01%
MMM	B	0.09%	0.01%	0.01%
MO	A	0.08%	0.01%	0.01%
MOS	F	0.02%	0.01%	0.01%
MPC	D	0.19%	0.01%	0.01%
MRK	B	0.45%	0.01%	0.01%
MRO	D	0.07%	0.01%	0.01%
MS	B	0.25%	0.02%	0.02%
MSFT	B	3.61%	0.01%	0.01%
MUFG	D	0.15%	0.01%	0.01%
NEE	A	0.27%	0.01%	0.01%
NEM	B	0.04%	0.01%	0.01%
NKE	F	0.23%	0.01%	0.01%
NOC	C	0.16%	0.01%	0.01%
NOV	D	0.01%	0.01%	0.01%
NSC	D	0.16%	0.01%	0.01%
NUE	D	0.02%	0.03%	0.02%
NVDA	B	2.77%	0.02%	0.02%
NXPI	A	0.01%	0.01%	0.01%
ORCL	C	0.31%	0.01%	0.01%
OTIS	B	0.04%	0.01%	0.01%
PCG	A	0.0%	0.01%	0.0%
PEG	A	0.13%	0.01%	0.01%
PEP	B	0.31%	0.01%	0.01%
PFE	D	0.21%	0.01%	0.01%
PG	A	0.5%	0.01%	0.01%
PGR	C	0.15%	0.01%	0.01%
PH	D	0.14%	0.01%	0.01%
PLD	F	0.23%	0.01%	0.01%
PM	B	0.17%	0.01%	0.01%
PPL	A	0.08%	0.01%	0.01%
PRU	B	0.16%	0.01%	0.01%
PSX	D	0.06%	0.02%	0.02%
PYPL	D	0.12%	0.02%	0.02%
QCOM	A	0.34%	0.01%	0.01%
REG	D	0.0%	0.01%	0.0%
REGN	A	0.12%	0.01%	0.01%
RTX	B	0.31%	0.01%	0.01%
SBUX	F	0.18%	0.01%	0.01%
SCHW	A	0.18%	0.01%	0.01%
SHW	D	0.03%	0.01%	0.01%
SJM	F	0.08%	0.01%	0.01%
SO	A	0.07%	0.01%	0.01%
SPG	C	0.13%	0.01%	0.01%
SPGI	B	0.22%	0.01%	0.01%
SYK	D	0.18%	0.01%	0.01%
SYY	D	0.13%	0.01%	0.01%
T	C	0.17%	0.01%	0.01%
TEL	A	0.17%	0.02%	0.02%
TGT	D	0.14%	0.01%	0.01%
TJX	C	0.3%	0.01%	0.01%
TMO	C	0.47%	0.01%	0.01%
TMUS	B	0.05%	0.01%	0.01%
TRV	D	0.18%	0.01%	0.01%
TSN	B	0.08%	0.01%	0.01%
TT	A	0.17%	0.01%	0.01%
TXN	A	0.4%	0.01%	0.01%
UNH	C	0.65%	0.01%	0.01%
UNP	D	0.28%	0.01%	0.01%
UPS	D	0.13%	0.01%	0.01%
V	D	0.67%	0.01%	0.01%
VLO	D	0.13%	0.02%	0.02%
VTRS	D	0.01%	0.02%	0.01%
VZ	D	0.14%	0.01%	0.01%
WBA	F	0.03%	0.01%	0.01%
WFC	B	0.39%	0.01%	0.01%
WIT	D	0.05%	1.44%	0.05%
WM	D	0.23%	0.01%	0.01%
WMB	A	0.06%	0.01%	0.01%
WMT	A	0.31%	0.01%	0.01%
XOM	B	0.71%	0.01%	0.01%
ZTS	D	0.1%	0.01%	0.01%

SPGM Overweight 801 Positions Relative to BLV

Symbol	Grade	Weight
META	D	1.33%
GOOG	A	1.19%
TSM	B	0.91%
BRK.A	B	0.67%
TSLA	D	0.57%
INTU	A	0.38%
ADBE	F	0.35%
TM	D	0.35%
AMD	D	0.29%
NFLX	A	0.29%
A	B	0.26%
ACN	F	0.26%
BKNG	B	0.25%
MCK	C	0.24%
ELV	A	0.24%
NVS	B	0.23%
EMR	C	0.2%
PSA	C	0.2%
SONY	F	0.2%
ADP	B	0.2%
ORLY	F	0.19%
IBN	B	0.17%
ROST	D	0.17%
CNI	D	0.16%
UL	B	0.16%
BK	B	0.15%
DFS	C	0.15%
PNC	C	0.14%
NOW	C	0.13%
TD	F	0.13%
CEG	B	0.13%
INFY	F	0.13%
KEYS	D	0.13%
FAST	D	0.12%
YUM	B	0.12%
CTSH	F	0.12%
CMG	C	0.12%
RDY	F	0.12%
IR	B	0.12%
UBER	D	0.12%
COF	D	0.12%
CLX	F	0.11%
USB	D	0.11%
NTAP	A	0.1%
PDD	B	0.1%
MTB	C	0.1%
VALE	D	0.09%
ISRG	A	0.09%
CHT	B	0.09%
ROIC	D	0.09%
CRWD	B	0.09%
MU	B	0.09%
MELI	B	0.09%
PANW	C	0.09%
SMFG	A	0.08%
BLK	B	0.08%
DLTR	F	0.08%
CTVA	C	0.08%
UMH	D	0.08%
WDC	B	0.08%
SHOP	F	0.08%
F	D	0.08%
DEO	F	0.08%
STLA	D	0.08%
SLB	F	0.08%
OXY	D	0.07%
TCOM	B	0.07%
STT	B	0.07%
STX	C	0.07%
PKX	F	0.07%
VRTX	B	0.07%
CHRW	C	0.07%
UMC	B	0.07%
ITUB	D	0.06%
VGR	C	0.06%
BCS	A	0.06%
MFG	C	0.06%
NXRT	C	0.06%
HDB	F	0.06%
DEA	C	0.06%
E	D	0.06%
VRT	C	0.06%
ANET	B	0.06%
COIN	D	0.05%
MOD	C	0.05%
SNOW	D	0.05%
GOOD	C	0.05%
BX	B	0.05%
NMR	D	0.05%
MRNA	A	0.05%
LW	F	0.05%
SNPS	C	0.05%
ABNB	D	0.05%
LYG	A	0.05%
SMCI	D	0.05%
FCX	B	0.05%
PBR	D	0.04%
TPR	D	0.04%
DX	B	0.04%
GEV	D	0.04%
ALLE	D	0.04%
TMDX	B	0.04%
KB	A	0.04%
BIDU	D	0.04%
LVS	F	0.04%
SYF	C	0.04%
TTD	B	0.04%
MRVL	C	0.04%
VLTO	A	0.04%
PLTR	D	0.04%
DASH	D	0.03%
MT	C	0.03%
DKNG	D	0.03%
LI	F	0.03%
FTI	B	0.03%
DDOG	D	0.03%
NET	F	0.03%
AXNX	D	0.03%
CHCT	F	0.03%
LNW	D	0.03%
LNTH	C	0.03%
MPWR	B	0.03%
SQ	D	0.03%
MDB	D	0.03%
SE	B	0.03%
DXCM	D	0.03%
AXON	D	0.03%
LDOS	A	0.03%
BBD	F	0.03%
KVUE	D	0.03%
YUMC	F	0.03%
BRSP	F	0.03%
HMC	D	0.03%
OII	C	0.02%
BBIO	D	0.02%
ON	D	0.02%
DYN	C	0.02%
VIPS	D	0.02%
PBF	D	0.02%
FSLR	C	0.02%
ZM	D	0.02%
VEEV	D	0.02%
AIV	C	0.02%
SKY	D	0.02%
MTDR	D	0.02%
FICO	C	0.02%
CVNA	C	0.02%
CDNS	D	0.02%
QTWO	B	0.02%
SNAP	C	0.02%
URI	B	0.02%
APP	B	0.02%
HIMS	C	0.02%
MSTR	D	0.02%
TAL	C	0.02%
AZEK	D	0.02%
GGB	D	0.02%
KOS	D	0.02%
TBBK	D	0.02%
FTNT	D	0.02%
ZS	F	0.02%
HUBS	D	0.02%
GOLD	C	0.02%
TAC	D	0.02%
WBD	F	0.02%
IIPR	B	0.02%
WTTR	A	0.02%
PLAY	D	0.02%
PARA	D	0.02%
AHH	C	0.02%
ABEV	F	0.02%
ITCI	D	0.02%
PINS	C	0.02%
TTGT	D	0.02%
CELH	B	0.02%
SHG	C	0.02%
RCL	A	0.02%
BKR	C	0.02%
TEAM	F	0.02%
LULU	F	0.02%
GEHC	D	0.02%
ACRE	F	0.02%
CHX	D	0.02%
WDAY	D	0.02%
HOV	C	0.02%
CARS	C	0.01%
SMAR	D	0.01%
RKLB	D	0.01%
CIB	B	0.01%
HUYA	C	0.01%
WSR	B	0.01%
ROCK	F	0.01%
CHPT	D	0.01%
EVH	F	0.01%
RXRX	C	0.01%
MEG	A	0.01%
QS	F	0.01%
PIXY	F	0.01%
RPAY	D	0.01%
RCKT	F	0.01%
RGEN	F	0.01%
RAMP	F	0.01%
BCRX	C	0.01%
NVT	B	0.01%
BTU	D	0.01%
AI	D	0.01%
WRLD	D	0.01%
PNR	B	0.01%
PNTG	A	0.01%
MGNI	C	0.01%
CCO	D	0.01%
ASAN	D	0.01%
FBK	B	0.01%
PLAB	C	0.01%
HCAT	D	0.01%
DXC	F	0.01%
EXPI	D	0.01%
BILL	F	0.01%
BE	C	0.01%
APPS	D	0.01%
JELD	F	0.01%
CMPR	D	0.01%
DLR	C	0.01%
TDOC	F	0.01%
GNRC	B	0.01%
SONO	D	0.01%
BLFS	C	0.01%
ATKR	D	0.01%
RNA	B	0.01%
ITRI	C	0.01%
AMR	D	0.01%
ELAN	C	0.01%
RDFN	D	0.01%
ALEX	C	0.01%
AAON	D	0.01%
GTLB	D	0.01%
CC	D	0.01%
PACK	D	0.01%
Z	F	0.01%
CASH	C	0.01%
SQM	D	0.01%
LOB	F	0.01%
ASPN	B	0.01%
BGNE	D	0.01%
OGN	B	0.01%
LBRDK	F	0.01%
CLBT	C	0.01%
PAY	D	0.01%
RIOT	D	0.01%
PHI	C	0.01%
PCH	D	0.01%
IDXX	C	0.01%
SLP	C	0.01%
LASR	C	0.01%
M	C	0.01%
CLNE	D	0.01%
ACMR	D	0.01%
IMVT	D	0.01%
ZTO	C	0.01%
MCRI	D	0.01%
ADSK	F	0.01%
EXPE	F	0.01%
BZ	B	0.01%
OSW	A	0.01%
KOP	F	0.01%
XPO	D	0.01%
ZETA	B	0.01%
INTA	C	0.01%
TGI	C	0.01%
PTCT	C	0.01%
MDGL	D	0.01%
PATH	F	0.01%
FOUR	C	0.01%
VSTO	C	0.01%
CZR	F	0.01%
IQ	C	0.01%
EFC	B	0.01%
VKTX	D	0.01%
JKS	F	0.01%
DQ	F	0.01%
MNDY	B	0.01%
PEN	F	0.01%
YETI	D	0.01%
COLL	D	0.01%
AGNC	A	0.01%
FUTU	C	0.01%
JBI	D	0.01%
XPEV	D	0.01%
KD	B	0.01%
BLBD	B	0.01%
CPRX	C	0.01%
RVLV	C	0.01%
RLX	C	0.01%
RDNT	B	0.01%
BZH	F	0.01%
SRRK	F	0.01%
ROKU	F	0.01%
BASE	C	0.01%
AKRO	F	0.01%
HASI	B	0.01%
EXAS	F	0.01%
SOFI	F	0.01%
U	F	0.01%
ULH	C	0.01%
CENX	B	0.01%
TWLO	D	0.01%
MITK	D	0.01%
GSAT	F	0.01%
DOCU	C	0.01%
PTEN	F	0.01%
PRTA	F	0.01%
RCUS	C	0.01%
SRPT	C	0.01%
EVBG	D	0.01%
ALGN	F	0.01%
ATLC	F	0.01%
POWL	B	0.01%
INMD	F	0.01%
PHR	C	0.01%
W	C	0.01%
SEMR	B	0.01%
COMP	C	0.01%
HSTM	C	0.01%
MBIN	C	0.01%
TGTX	C	0.01%
IDYA	D	0.01%
OMI	F	0.01%
CCS	C	0.01%
ENS	C	0.01%
ERJ	B	0.01%
CROX	B	0.01%
SQ	D	0.01%
MATX	C	0.01%
GME	D	0.01%
VERX	C	0.01%
GERN	C	0.01%
CLDT	F	0.01%
MHO	C	0.01%
EPAM	F	0.01%
CLDX	D	0.01%
RIVN	F	0.01%
MARA	C	0.01%
RYTM	D	0.01%
MRC	B	0.01%
GMS	C	0.01%
AKO.A	B	0.01%
AFRM	D	0.01%
ILMN	F	0.01%
ADMA	A	0.01%
TWST	C	0.01%
SWAV	B	0.01%
THR	A	0.01%
DVAX	F	0.01%
TOST	C	0.01%
NWSA	C	0.01%
KEX	A	0.01%
SID	F	0.01%
BEKE	C	0.01%
EPRT	A	0.01%
ORA	C	0.01%
GRBK	C	0.01%
INSP	F	0.01%
FLNG	B	0.01%
ABR	C	0.01%
TREX	D	0.01%
BBWI	B	0.01%
INBX	D	0.01%
NIO	D	0.01%
PLMR	C	0.01%
OKTA	D	0.01%
CCL	D	0.01%
CLSK	D	0.01%
ARWR	F	0.01%
RBLX	F	0.01%
SOLV	F	0.01%
GMRE	D	0.01%
VNT	D	0.01%
APA	F	0.01%
AGYS	A	0.01%
ACEL	F	0.01%
IMXI	D	0.01%
DCPH	A	0.01%
BLDR	D	0.01%
TEVA	B	0.01%
ENPH	F	0.01%
SRG	F	0.0%
KRYS	D	0.0%
XPEV	D	0.0%
SMWB	D	0.0%
LI	F	0.0%
IHRT	F	0.0%
ALEC	F	0.0%
JOBY	F	0.0%
ATUS	D	0.0%
JAMF	D	0.0%
MP	C	0.0%
WW	F	0.0%
FORR	F	0.0%
OLMA	F	0.0%
AGL	D	0.0%
UNIT	F	0.0%
OEC	C	0.0%
REPX	F	0.0%
FRGE	F	0.0%
MORF	F	0.0%
TH	D	0.0%
EVC	D	0.0%
CRCT	D	0.0%
FLWS	D	0.0%
ZNTL	F	0.0%
TPB	C	0.0%
MLNK	D	0.0%
TBI	F	0.0%
BOC	F	0.0%
ASTH	D	0.0%
MVIS	F	0.0%
GDS	C	0.0%
BMBL	D	0.0%
DADA	F	0.0%
TELL	D	0.0%
SNCY	F	0.0%
RGNX	F	0.0%
SHYF	C	0.0%
MLCO	C	0.0%
MCB	C	0.0%
FNA	F	0.0%
DAN	C	0.0%
PRVA	F	0.0%
FSBC	C	0.0%
LGIH	F	0.0%
PKST	F	0.0%
CRNC	F	0.0%
CEVA	F	0.0%
DENN	F	0.0%
KE	D	0.0%
EDIT	F	0.0%
OVV	D	0.0%
CGEM	C	0.0%
OLO	F	0.0%
SHEN	D	0.0%
ZEUS	F	0.0%
HROW	C	0.0%
XPOF	F	0.0%
GDOT	D	0.0%
FIGS	D	0.0%
PFC	C	0.0%
AMRC	C	0.0%
TMCI	F	0.0%
FLGT	D	0.0%
LUMN	F	0.0%
ORLA	C	0.0%
MGPI	F	0.0%
MOFG	D	0.0%
BEAM	F	0.0%
QFIN	C	0.0%
VERV	F	0.0%
CTKB	F	0.0%
PDFS	C	0.0%
CABA	F	0.0%
TRUP	C	0.0%
MXL	F	0.0%
NNVC	B	0.0%
LSCC	F	0.0%
SAVA	C	0.0%
PLL	D	0.0%
CAN	F	0.0%
COMM	D	0.0%
SNPO	C	0.0%
VIR	C	0.0%
RENB	F	0.0%
MNSO	C	0.0%
LAW	F	0.0%
NABL	F	0.0%
CECO	B	0.0%
SHC	F	0.0%
EYE	F	0.0%
VNET	D	0.0%
SGRY	F	0.0%
CNDT	C	0.0%
ELVN	C	0.0%
MAT	F	0.0%
RAPT	F	0.0%
APPN	F	0.0%
DH	F	0.0%
LPRO	D	0.0%
HIBB	B	0.0%
MAX	D	0.0%
MRVI	C	0.0%
HURN	F	0.0%
NCNO	D	0.0%
ZUO	C	0.0%
NMIH	B	0.0%
WOLF	D	0.0%
NKLA	F	0.0%
CEIX	C	0.0%
YOU	F	0.0%
BVN	B	0.0%
WTO	D	0.0%
OSPN	C	0.0%
ALHC	C	0.0%
CALX	D	0.0%
LAND	C	0.0%
BROS	C	0.0%
HAE	C	0.0%
ICHR	C	0.0%
MODN	C	0.0%
ETNB	F	0.0%
AOSL	C	0.0%
IBP	D	0.0%
PARR	F	0.0%
SWBI	D	0.0%
IRTC	F	0.0%
ALTG	F	0.0%
THO	F	0.0%
XHR	D	0.0%
MDXG	C	0.0%
GRPN	C	0.0%
KRUS	D	0.0%
CUBI	D	0.0%
GOGO	C	0.0%
DNOW	D	0.0%
ADUS	B	0.0%
LMND	C	0.0%
FUBO	F	0.0%
PDFS	C	0.0%
CRSR	F	0.0%
GKOS	C	0.0%
LILAK	C	0.0%
DGII	F	0.0%
SOUN	F	0.0%
THRM	F	0.0%
COTY	F	0.0%
NOVA	F	0.0%
VCYT	D	0.0%
IDT	B	0.0%
AMC	D	0.0%
CAR	F	0.0%
NARI	D	0.0%
PENN	F	0.0%
ENVA	D	0.0%
KNSA	C	0.0%
SM	C	0.0%
ME	D	0.0%
ATEN	C	0.0%
RIG	D	0.0%
GLBE	F	0.0%
SVC	F	0.0%
TLRY	F	0.0%
RVNC	F	0.0%
SABR	D	0.0%
SITM	C	0.0%
S	D	0.0%
HAYN	D	0.0%
UVV	C	0.0%
MED	F	0.0%
SHLS	F	0.0%
APLS	F	0.0%
ATRO	B	0.0%
CHEF	B	0.0%
ULCC	F	0.0%
ENIC	C	0.0%
PACB	F	0.0%
GH	D	0.0%
AA	B	0.0%
SANA	D	0.0%
PCVX	C	0.0%
NVRI	D	0.0%
SPCE	F	0.0%
CCB	C	0.0%
NEOG	F	0.0%
IAS	D	0.0%
HAYW	C	0.0%
AEHR	F	0.0%
VSCO	D	0.0%
LWLG	F	0.0%
MNTK	D	0.0%
FVRR	D	0.0%
GPRO	F	0.0%
CXM	D	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	C	0.0%
AMRK	C	0.0%
DHC	F	0.0%
DHI	D	0.0%
HRI	D	0.0%
SIBN	F	0.0%
ESTA	C	0.0%
ATEC	F	0.0%
NEXT	C	0.0%
UCTT	C	0.0%
MQ	F	0.0%
LCID	D	0.0%
EMBC	D	0.0%
FIZZ	D	0.0%
VZIO	D	0.0%
VMAR	F	0.0%
XPRO	C	0.0%
YY	D	0.0%
IIIV	F	0.0%
AVNS	C	0.0%
ADPT	D	0.0%
DUOL	F	0.0%
PUBM	C	0.0%
ATHM	C	0.0%
NTRA	A	0.0%
LUNG	D	0.0%
NNDM	F	0.0%
PODD	C	0.0%
ACHR	F	0.0%
RKT	C	0.0%
BRBR	C	0.0%
CCBG	D	0.0%
GRAB	B	0.0%
SQSP	A	0.0%
RRC	B	0.0%
LAZR	F	0.0%
PRO	F	0.0%
RVMD	B	0.0%
CLF	F	0.0%
BURL	D	0.0%
AX	B	0.0%
DBI	F	0.0%
STEM	F	0.0%
YEXT	F	0.0%
IAG	B	0.0%
STAA	D	0.0%
WGO	F	0.0%
MOMO	D	0.0%
EVRI	F	0.0%
AXSM	C	0.0%
FC	F	0.0%
CYTK	F	0.0%
PL	F	0.0%
HTHT	D	0.0%
SFIX	F	0.0%
AR	B	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	D	0.0%
GXO	D	0.0%
VRDN	F	0.0%
PCT	F	0.0%
APLD	D	0.0%
SPWR	D	0.0%
LSPD	D	0.0%
PETQ	C	0.0%
NUVL	D	0.0%
PHAT	C	0.0%
CSTL	C	0.0%
CNC	B	0.0%
FSLY	F	0.0%
WRBY	B	0.0%
NVCR	C	0.0%
ARDX	C	0.0%
UWMC	C	0.0%
LEU	C	0.0%
ZI	F	0.0%
VRNS	D	0.0%
PRG	C	0.0%
PAR	C	0.0%
CFLT	C	0.0%
MTCH	F	0.0%
PTGX	B	0.0%
TTWO	C	0.0%
BIGC	D	0.0%
MCFT	F	0.0%
GNK	B	0.0%
PFSI	B	0.0%
DFH	F	0.0%
APPF	C	0.0%
EB	F	0.0%
FSM	B	0.0%
MTW	F	0.0%
DCO	B	0.0%
CYRX	F	0.0%
TITN	F	0.0%
FROG	F	0.0%
UEC	C	0.0%
EXTR	D	0.0%
NX	D	0.0%
TRNS	A	0.0%
SGU	F	0.0%
PTON	F	0.0%
IAUX	F	0.0%
HST	D	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	F	0.0%
KHC	D	0.0%
WEAV	F	0.0%
PGC	D	0.0%
FDMT	D	0.0%
TNDM	C	0.0%
FIVN	F	0.0%
FCEL	F	0.0%
REZI	C	0.0%
TME	B	0.0%
ACVA	B	0.0%
BYND	F	0.0%
PLPC	D	0.0%
SPR	D	0.0%
HSII	B	0.0%
ANF	B	0.0%
SPT	F	0.0%
GDYN	F	0.0%
SDGR	F	0.0%
TIGR	D	0.0%
ENFN	D	0.0%
KEP	D	0.0%
WIX	A	0.0%
VGR	C	0.0%
BRZE	F	0.0%
PRCT	C	0.0%
DOCS	D	0.0%
BILI	C	0.0%
COHR	D	0.0%
CASS	D	0.0%
CHGX	B	0.0%
IBUY	D	0.0%
HCP	C	0.0%
TUYA	C	0.0%
UPWK	D	0.0%
CIG	B	0.0%
DOCN	C	0.0%
NTLA	D	0.0%
DIN	F	0.0%
RUN	D	0.0%
AMG	D	0.0%
KREF	F	0.0%
CRMT	D	0.0%
INDI	D	0.0%
IIIN	F	0.0%
DMRC	D	0.0%
CTLP	D	0.0%
RNG	C	0.0%
VMEO	D	0.0%
KC	D	0.0%
ALKT	B	0.0%
ETSY	F	0.0%
ZLAB	D	0.0%
OPEN	F	0.0%
AUPH	D	0.0%
RLJ	F	0.0%
HEES	F	0.0%
TIGO	A	0.0%
ARCT	D	0.0%
CDE	B	0.0%
INSW	A	0.0%
OSCR	A	0.0%
AMPS	F	0.0%
FLYW	F	0.0%
DDD	F	0.0%
BOOT	B	0.0%
SITE	F	0.0%
LYFT	D	0.0%
ESTC	C	0.0%
CIFR	D	0.0%
ENVX	D	0.0%
NSSC	A	0.0%
DRH	F	0.0%
ARRY	F	0.0%
TXG	F	0.0%
DOMO	F	0.0%
EQT	C	0.0%
KLG	D	0.0%
VICR	F	0.0%
NVAX	B	0.0%
KYMR	D	0.0%
ACLS	D	0.0%
PLUG	D	0.0%
LEGH	C	0.0%
ODFL	F	0.0%
CSGP	D	0.0%
USLM	C	0.0%
FLNC	D	0.0%
AUR	F	0.0%
ELF	D	0.0%
ALNY	D	0.0%
CYH	C	0.0%
VITL	A	0.0%
LIND	D	0.0%
NEO	D	0.0%
VPG	F	0.0%
UPST	F	0.0%
ARVN	D	0.0%
BJRI	C	0.0%

SPGM Underweight 150 Positions Relative to BLV

Symbol	Grade	Weight
FITB	C	-0.04%
WY	F	-0.04%
EQH	A	-0.04%
SCCO	B	-0.03%
TAP	F	-0.03%
BHP	C	-0.03%
OHI	B	-0.02%
LEA	F	-0.02%
VMC	D	-0.02%
FANG	D	-0.02%
AJG	A	-0.02%
WU	D	-0.02%
WHR	F	-0.02%
MAR	D	-0.02%
ICE	B	-0.02%
GSK	C	-0.02%
CPT	C	-0.01%
VTR	B	-0.01%
STLD	D	-0.01%
WPC	C	-0.01%
RPM	C	-0.01%
PECO	F	-0.01%
AIZ	D	-0.01%
AGO	D	-0.01%
ADC	C	-0.01%
AAT	C	-0.01%
CACC	F	-0.01%
HIW	B	-0.01%
JD	C	-0.01%
FRT	C	-0.01%
FNF	B	-0.01%
AVA	C	-0.01%
CHI	A	-0.01%
UDR	C	-0.01%
SWX	A	-0.01%
SIGI	F	-0.01%
EXR	C	-0.01%
DRI	F	-0.01%
XYL	A	-0.01%
OPI	D	-0.01%
PDM	B	-0.01%
IDA	C	-0.01%
DGX	B	-0.01%
MAA	C	-0.01%
LXP	D	-0.01%
KRC	D	-0.01%
MDC	A	-0.01%
WELL	B	-0.01%
WTRG	C	-0.01%
WRK	A	-0.01%
ORI	B	-0.01%
OC	B	-0.01%
NYC	C	-0.01%
NWE	C	-0.01%
MSI	A	-0.01%
INGR	C	-0.01%
DOV	A	-0.01%
CAH	F	-0.01%
BWA	C	-0.01%
AFG	B	-0.01%
CPB	C	-0.01%
COO	C	-0.01%
UAL	C	-0.01%
VOYA	B	-0.01%
VMI	C	-0.01%
STE	C	-0.01%
SNA	D	-0.01%
ROK	F	-0.01%
RF	C	-0.01%
SBRA	B	-0.01%
ZBH	D	-0.01%
NNN	B	-0.01%
NDAQ	B	-0.01%
OGE	A	-0.01%
LHX	A	-0.01%
LH	D	-0.01%
IVZ	C	-0.01%
HRL	C	-0.01%
JEF	B	-0.01%
HAS	C	-0.01%
L	D	-0.01%
ESS	B	-0.01%
DG	D	-0.01%
EE	C	-0.01%
FMC	C	-0.01%
AVB	B	-0.01%
CINF	D	-0.01%
UNM	C	-0.01%
PKG	C	-0.01%
PFG	C	-0.01%
EG	B	-0.01%
SWK	F	-0.01%
VRSK	A	-0.01%
STZ	D	-0.01%
WEC	C	-0.01%
ATO	B	-0.01%
AEE	C	-0.01%
ACGL	A	-0.01%
ARE	C	-0.01%
CTS	A	-0.01%
DTE	A	-0.01%
EVRG	C	-0.01%
AWK	C	-0.01%
HIG	B	-0.01%
ES	C	-0.01%
KDP	B	-0.01%
HUM	D	-0.01%
MLM	D	-0.01%
LNC	B	-0.01%
OKE	A	-0.01%
OGS	C	-0.01%
O	C	-0.01%
MCO	A	-0.01%
XEL	D	-0.01%
MAS	D	-0.01%
PNW	B	-0.01%
RSG	D	-0.01%
RPRX	F	-0.01%
TCN	A	-0.01%
CMS	B	-0.01%
BKH	C	-0.01%
CCI	D	-0.01%
CP	D	-0.01%
CNP	A	-0.01%
EMN	C	-0.01%
IPG	D	-0.01%
IP	B	-0.01%
JBLU	D	-0.01%
GWW	D	-0.01%
NI	A	-0.01%
PAA	C	-0.01%
MKL	B	-0.01%
WRB	D	-0.01%
WLK	B	-0.01%
LNT	B	-0.01%
KR	D	-0.01%
EQNR	D	-0.01%
ED	B	-0.01%
D	A	-0.01%
KOF	C	-0.01%
RJF	C	-0.01%
ETR	A	-0.01%
SRE	A	-0.01%
PHM	C	-0.01%
AIG	C	-0.01%
ET	B	-0.01%
EPD	C	-0.01%
MPLX	C	-0.01%
VOD	B	-0.01%
HSBC	B	-0.01%