SPGM vs. BSV ETF Comparison

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

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

$59.63

Average Daily Volume

38,030

Number of Holdings ^*

999

* may have additional holdings in another (foreign) market

BSV

Vanguard Short-Term Bond ETF

BSV Description

The investment seeks to track the performance of a market-weighted bond index with a short-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 1-5 Year 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 between 1 and 5 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

$76.28

Average Daily Volume

1,842,898

Number of Holdings ^*

442

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	BSV
30 Days	0.42%	0.21%
60 Days	1.67%	-0.11%
90 Days	4.63%	0.30%
12 Months	21.07%	2.00%

231 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in BSV	Overlap
A	C	0.24%	0.01%	0.01%
AAPL	B	3.24%	0.01%	0.01%
ABBV	D	0.18%	0.01%	0.01%
ABBV	D	0.38%	0.01%	0.01%
ABT	F	0.37%	0.01%	0.01%
ADBE	F	0.35%	0.01%	0.01%
ADI	A	0.18%	0.01%	0.01%
ADM	C	0.1%	0.01%	0.01%
ADP	C	0.21%	0.01%	0.01%
ADSK	F	0.01%	0.01%	0.01%
AEP	A	0.16%	0.01%	0.01%
AES	B	0.01%	0.01%	0.01%
AFL	A	0.22%	0.01%	0.01%
ALB	C	0.01%	0.01%	0.01%
ALL	B	0.15%	0.01%	0.01%
ALLE	D	0.04%	0.01%	0.01%
ALLY	B	0.02%	0.01%	0.01%
AMAT	C	0.35%	0.01%	0.01%
AMG	D	0.0%	0.01%	0.0%
AMGN	B	0.22%	0.01%	0.01%
AMT	D	0.16%	0.01%	0.01%
AMZN	A	2.08%	0.01%	0.01%
AON	D	0.06%	0.01%	0.01%
APD	C	0.07%	0.01%	0.01%
APTV	C	0.0%	0.01%	0.0%
AVGO	D	0.79%	0.01%	0.01%
AXP	A	0.33%	0.01%	0.01%
AZN	A	0.1%	0.01%	0.01%
BA	F	0.13%	0.01%	0.01%
BABA	B	0.02%	0.01%	0.01%
BABA	B	0.18%	0.01%	0.01%
BAC	A	0.46%	0.01%	0.01%
BAX	F	0.07%	0.01%	0.01%
BDX	F	0.18%	0.01%	0.01%
BEN	D	0.06%	0.01%	0.01%
BIDU	C	0.04%	0.01%	0.01%
BIIB	C	0.1%	0.02%	0.02%
BK	A	0.16%	0.01%	0.01%
BKNG	B	0.24%	0.01%	0.01%
BLK	D	0.07%	0.01%	0.01%
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	B	0.06%	0.01%	0.01%
CARR	A	0.06%	0.03%	0.03%
CAT	C	0.3%	0.01%	0.01%
CB	C	0.29%	0.01%	0.01%
CDNS	D	0.02%	0.01%	0.01%
CF	F	0.02%	0.01%	0.01%
CFG	A	0.02%	0.01%	0.01%
CHD	A	0.08%	0.01%	0.01%
CHTR	F	0.08%	0.02%	0.02%
CI	C	0.09%	0.01%	0.01%
CL	A	0.14%	0.01%	0.01%
CLX	D	0.12%	0.01%	0.01%
CMCSA	D	0.18%	0.01%	0.01%
CME	C	0.09%	0.01%	0.01%
CMI	B	0.23%	0.01%	0.01%
COF	C	0.13%	0.01%	0.01%
COP	C	0.23%	0.01%	0.01%
COST	A	0.53%	0.01%	0.01%
CRM	D	0.46%	0.01%	0.01%
CSCO	D	0.33%	0.01%	0.01%
CSX	D	0.2%	0.01%	0.01%
CTVA	A	0.08%	0.01%	0.01%
CVS	F	0.18%	0.01%	0.01%
CVX	A	0.4%	0.01%	0.01%
DD	A	0.08%	0.02%	0.02%
DE	B	0.2%	0.01%	0.01%
DELL	B	0.02%	0.01%	0.01%
DFS	C	0.16%	0.01%	0.01%
DHI	D	0.0%	0.01%	0.0%
DHR	C	0.33%	0.01%	0.01%
DIS	D	0.32%	0.01%	0.01%
DLR	C	0.01%	0.01%	0.01%
DLTR	F	0.08%	0.01%	0.01%
DOC	A	0.05%	0.01%	0.01%
DOW	B	0.08%	0.01%	0.01%
DUK	A	0.1%	0.01%	0.01%
DVN	C	0.02%	0.01%	0.01%
DXC	F	0.01%	0.01%	0.01%
EA	F	0.0%	0.01%	0.0%
EBAY	D	0.1%	0.01%	0.01%
EIX	A	0.11%	0.01%	0.01%
EL	F	0.11%	0.01%	0.01%
EMR	A	0.2%	0.01%	0.01%
EOG	C	0.18%	0.01%	0.01%
EQIX	D	0.04%	0.01%	0.01%
EQR	A	0.06%	0.01%	0.01%
ETN	A	0.23%	0.02%	0.02%
EXC	B	0.07%	0.01%	0.01%
EXPE	F	0.01%	0.01%	0.01%
FDX	D	0.18%	0.01%	0.01%
FIS	C	0.01%	0.01%	0.01%
FOXA	B	0.04%	0.01%	0.01%
FTNT	F	0.02%	0.01%	0.01%
FTV	D	0.07%	0.01%	0.01%
GD	A	0.25%	0.01%	0.01%
GE	A	0.15%	0.01%	0.01%
GILD	F	0.15%	0.01%	0.01%
GIS	B	0.06%	0.01%	0.01%
GM	A	0.08%	0.01%	0.01%
GOOGL	B	1.16%	0.01%	0.01%
GPN	F	0.01%	0.01%	0.01%
GS	A	0.3%	0.01%	0.01%
GXO	C	0.0%	0.01%	0.0%
HAL	D	0.07%	0.01%	0.01%
HCA	C	0.02%	0.01%	0.01%
HD	D	0.52%	0.01%	0.01%
HES	B	0.15%	0.01%	0.01%
HOG	F	0.0%	0.01%	0.0%
HON	C	0.2%	0.01%	0.01%
HPE	D	0.06%	0.01%	0.01%
HPQ	C	0.09%	0.01%	0.01%
HST	D	0.0%	0.01%	0.0%
HSY	B	0.14%	0.01%	0.01%
IBM	D	0.24%	0.01%	0.01%
IFF	A	0.02%	0.01%	0.01%
ILMN	F	0.01%	0.01%	0.01%
INTC	F	0.19%	0.01%	0.01%
INTU	D	0.38%	0.01%	0.01%
ITW	D	0.14%	0.01%	0.01%
JCI	B	0.16%	0.01%	0.01%
JNJ	F	0.41%	0.01%	0.01%
JNPR	D	0.06%	0.01%	0.01%
JPM	A	0.82%	0.01%	0.01%
K	B	0.05%	0.01%	0.01%
KEYS	D	0.13%	0.01%	0.01%
KIM	C	0.0%	0.01%	0.0%
KLAC	B	0.05%	0.02%	0.02%
KMB	B	0.12%	0.01%	0.01%
KMI	A	0.02%	0.01%	0.01%
KO	A	0.32%	0.01%	0.01%
KSS	F	0.02%	0.01%	0.01%
LDOS	A	0.03%	0.01%	0.01%
LIN	D	0.32%	0.01%	0.01%
LLY	C	0.76%	0.01%	0.01%
LMT	A	0.24%	0.01%	0.01%
LOW	D	0.29%	0.01%	0.01%
LRCX	D	0.09%	0.01%	0.01%
LVS	F	0.04%	0.01%	0.01%
LYB	C	0.09%	0.01%	0.01%
MA	D	0.42%	0.01%	0.01%
MCD	F	0.23%	0.01%	0.01%
MCK	A	0.24%	0.01%	0.01%
MDLZ	C	0.06%	0.01%	0.01%
MDT	C	0.23%	0.02%	0.02%
MET	C	0.19%	0.01%	0.01%
MKC	C	0.12%	0.01%	0.01%
MMC	B	0.17%	0.01%	0.01%
MMM	B	0.08%	0.01%	0.01%
MO	A	0.08%	0.01%	0.01%
MOS	F	0.03%	0.01%	0.01%
MP	C	0.0%	0.01%	0.0%
MPC	D	0.23%	0.01%	0.01%
MRK	B	0.47%	0.01%	0.01%
MRVL	D	0.04%	0.01%	0.01%
MS	A	0.24%	0.01%	0.01%
MSFT	D	3.56%	0.01%	0.01%
MTB	A	0.1%	0.01%	0.01%
MU	B	0.09%	0.01%	0.01%
MUFG	C	0.16%	0.01%	0.01%
NEE	B	0.24%	0.01%	0.01%
NEM	B	0.04%	0.01%	0.01%
NKE	F	0.25%	0.01%	0.01%
NOC	C	0.18%	0.02%	0.02%
NSC	D	0.17%	0.01%	0.01%
NTAP	B	0.09%	0.01%	0.01%
NUE	D	0.02%	0.01%	0.01%
NVDA	B	2.67%	0.01%	0.01%
NVT	A	0.01%	0.01%	0.01%
NXPI	A	0.01%	0.01%	0.01%
ORCL	D	0.31%	0.01%	0.01%
ORLY	D	0.21%	0.01%	0.01%
OTIS	D	0.04%	0.02%	0.02%
PCG	B	0.0%	0.01%	0.0%
PEG	A	0.12%	0.01%	0.01%
PEP	B	0.31%	0.01%	0.01%
PFE	C	0.2%	0.01%	0.01%
PG	A	0.51%	0.01%	0.01%
PH	A	0.15%	0.01%	0.01%
PM	A	0.17%	0.01%	0.01%
PNC	B	0.14%	0.01%	0.01%
PPL	A	0.07%	0.01%	0.01%
PRU	A	0.15%	0.01%	0.01%
PSA	C	0.19%	0.01%	0.01%
PSX	D	0.07%	0.01%	0.01%
PXD	B	0.17%	0.01%	0.01%
PYPL	C	0.13%	0.01%	0.01%
QCOM	B	0.31%	0.01%	0.01%
ROST	D	0.18%	0.01%	0.01%
RTX	A	0.31%	0.01%	0.01%
SBUX	F	0.22%	0.01%	0.01%
SCHW	A	0.18%	0.01%	0.01%
SHW	D	0.03%	0.01%	0.01%
SLB	D	0.09%	0.01%	0.01%
SO	A	0.07%	0.01%	0.01%
SPG	C	0.13%	0.01%	0.01%
SPGI	C	0.21%	0.01%	0.01%
STLA	D	0.09%	0.02%	0.02%
STT	B	0.07%	0.01%	0.01%
SYF	A	0.04%	0.01%	0.01%
SYK	D	0.19%	0.01%	0.01%
SYY	D	0.14%	0.01%	0.01%
T	B	0.18%	0.01%	0.01%
TD	F	0.14%	0.01%	0.01%
TEL	B	0.17%	0.01%	0.01%
TGT	D	0.15%	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%
TSN	C	0.08%	0.01%	0.01%
TT	A	0.16%	0.01%	0.01%
TXN	A	0.38%	0.01%	0.01%
UNH	B	0.63%	0.01%	0.01%
UNP	C	0.29%	0.01%	0.01%
UPS	D	0.13%	0.01%	0.01%
USB	D	0.11%	0.01%	0.01%
V	C	0.67%	0.02%	0.02%
VLO	D	0.15%	0.01%	0.01%
VNT	D	0.01%	0.01%	0.01%
VTRS	D	0.01%	0.01%	0.01%
VZ	D	0.14%	0.02%	0.02%
WBA	F	0.03%	0.01%	0.01%
WFC	A	0.38%	0.01%	0.01%
WIT	D	0.06%	0.26%	0.06%
WM	A	0.24%	0.01%	0.01%
WMB	A	0.06%	0.01%	0.01%
WMT	B	0.32%	0.01%	0.01%
XOM	B	0.58%	0.01%	0.01%
ZTS	D	0.09%	0.01%	0.01%

SPGM Overweight 768 Positions Relative to BSV

Symbol	Grade	Weight
META	D	1.24%
GOOG	B	1.19%
TSM	B	0.84%
BRK.A	C	0.68%
TSLA	D	0.66%
TM	D	0.37%
AMD	D	0.3%
NFLX	C	0.28%
ACN	D	0.26%
ELV	A	0.25%
NVS	B	0.23%
PLD	D	0.23%
SONY	F	0.2%
TRV	D	0.19%
IBN	C	0.17%
UL	A	0.16%
CNI	D	0.16%
PGR	A	0.15%
ECL	A	0.14%
INFY	D	0.14%
CMG	A	0.13%
YUM	D	0.13%
IR	D	0.13%
UBER	D	0.13%
RDY	F	0.13%
REGN	C	0.12%
CTSH	D	0.12%
NOW	D	0.12%
FAST	D	0.12%
SHOP	F	0.11%
GLW	B	0.11%
CEG	A	0.11%
PDD	B	0.1%
ISRG	C	0.09%
CRWD	C	0.09%
VALE	C	0.09%
F	D	0.09%
CHT	C	0.09%
ROIC	D	0.09%
PANW	C	0.09%
MRO	C	0.08%
WDC	B	0.08%
SJM	F	0.08%
MELI	B	0.08%
UMH	B	0.08%
DEO	D	0.08%
VRTX	C	0.07%
FE	A	0.07%
UMC	D	0.07%
OXY	C	0.07%
PKX	F	0.07%
SMFG	D	0.07%
ITUB	D	0.06%
VGR	C	0.06%
NXRT	B	0.06%
BCS	A	0.06%
VRT	A	0.06%
MFG	C	0.06%
ABNB	D	0.06%
DEA	B	0.06%
STX	C	0.06%
E	B	0.06%
TCOM	A	0.06%
CHRW	C	0.06%
HDB	D	0.06%
BX	D	0.05%
SNOW	F	0.05%
COIN	D	0.05%
PLTR	D	0.05%
SNPS	D	0.05%
LYG	A	0.05%
LW	F	0.05%
SMCI	D	0.05%
ANET	C	0.05%
NMR	D	0.05%
FCX	B	0.05%
TPR	D	0.04%
GEV	C	0.04%
HMC	D	0.04%
YUMC	F	0.04%
BBD	F	0.04%
BRSP	F	0.04%
KB	B	0.04%
PBR	A	0.04%
TTD	B	0.04%
MOD	A	0.04%
GOOD	A	0.04%
VLTO	A	0.04%
MRNA	B	0.04%
LULU	F	0.03%
WDAY	F	0.03%
MT	F	0.03%
CHX	D	0.03%
ACRE	F	0.03%
GEHC	D	0.03%
LI	F	0.03%
MPWR	B	0.03%
FTI	A	0.03%
AXNX	D	0.03%
TMDX	B	0.03%
LNW	D	0.03%
SE	B	0.03%
DASH	D	0.03%
DDOG	D	0.03%
MDB	F	0.03%
DXCM	D	0.03%
CHCT	F	0.03%
SQ	D	0.03%
KVUE	C	0.03%
NET	F	0.03%
AXON	C	0.03%
DX	B	0.03%
APA	F	0.02%
IMXI	D	0.02%
ENPH	F	0.02%
ON	F	0.02%
VIPS	D	0.02%
QTWO	A	0.02%
FSLR	B	0.02%
OII	B	0.02%
BLDR	D	0.02%
VEEV	D	0.02%
SKY	C	0.02%
APP	B	0.02%
ACEL	F	0.02%
AIV	B	0.02%
MSTR	D	0.02%
SNAP	B	0.02%
ZM	F	0.02%
HIMS	D	0.02%
CELH	C	0.02%
PINS	A	0.02%
MTDR	D	0.02%
GGB	C	0.02%
URI	C	0.02%
IIPR	C	0.02%
AZEK	D	0.02%
TAL	B	0.02%
TBBK	F	0.02%
INSP	D	0.02%
TAC	C	0.02%
KOS	D	0.02%
AHH	B	0.02%
PBF	D	0.02%
ZS	F	0.02%
TTGT	F	0.02%
WTTR	B	0.02%
WBD	F	0.02%
GOLD	B	0.02%
PLAY	D	0.02%
PARA	C	0.02%
HOV	B	0.02%
HUBS	D	0.02%
ABEV	F	0.02%
SHG	B	0.02%
TEAM	F	0.02%
RCL	A	0.02%
BKR	C	0.02%
DKNG	C	0.02%
LNTH	B	0.02%
ITCI	D	0.02%
QS	F	0.01%
CIB	B	0.01%
LIND	F	0.01%
DRH	F	0.01%
TXG	F	0.01%
DOMO	F	0.01%
ARVN	D	0.01%
CSGP	C	0.01%
BE	C	0.01%
AUR	B	0.01%
ELF	D	0.01%
NEO	B	0.01%
ELAN	B	0.01%
RCKT	D	0.01%
ROCK	D	0.01%
PNTG	A	0.01%
RNA	B	0.01%
RGEN	F	0.01%
KLG	C	0.01%
CCO	C	0.01%
VPG	F	0.01%
MGNI	D	0.01%
PNR	B	0.01%
BLBD	B	0.01%
RPAY	B	0.01%
HEES	F	0.01%
FBK	B	0.01%
HCAT	F	0.01%
ITRI	A	0.01%
ZETA	A	0.01%
ASAN	F	0.01%
RAMP	F	0.01%
FLYW	F	0.01%
PLAB	B	0.01%
GNRC	B	0.01%
KD	A	0.01%
BTU	D	0.01%
WRLD	C	0.01%
OGN	B	0.01%
SONO	D	0.01%
LOB	F	0.01%
BILL	F	0.01%
ALEX	B	0.01%
CC	C	0.01%
LASR	C	0.01%
CMPR	D	0.01%
CASH	B	0.01%
OSW	A	0.01%
TDOC	F	0.01%
GTLB	F	0.01%
EVH	F	0.01%
Z	F	0.01%
FOUR	F	0.01%
INTA	C	0.01%
BGNE	C	0.01%
SLP	B	0.01%
SQM	D	0.01%
IMVT	F	0.01%
PCH	D	0.01%
IDXX	D	0.01%
CLBT	C	0.01%
LBRDK	F	0.01%
PHI	B	0.01%
CLNE	F	0.01%
HASI	A	0.01%
SPT	F	0.01%
BZ	B	0.01%
MNDY	F	0.01%
M	D	0.01%
RDNT	A	0.01%
W	C	0.01%
FUTU	B	0.01%
TGI	C	0.01%
ATKR	D	0.01%
PTCT	C	0.01%
MDGL	D	0.01%
XPO	D	0.01%
YETI	D	0.01%
COMP	C	0.01%
PATH	F	0.01%
ZTO	D	0.01%
PACK	B	0.01%
AMR	D	0.01%
RVLV	B	0.01%
TGTX	C	0.01%
PAY	D	0.01%
MCRI	D	0.01%
EFC	B	0.01%
RIOT	F	0.01%
AGNC	A	0.01%
CPRX	D	0.01%
JKS	C	0.01%
TWST	B	0.01%
VKTX	B	0.01%
NOV	D	0.01%
IQ	C	0.01%
BASE	D	0.01%
MITK	B	0.01%
SEMR	A	0.01%
RLX	B	0.01%
PEN	F	0.01%
AKRO	F	0.01%
ROKU	F	0.01%
RCUS	F	0.01%
JELD	F	0.01%
BZH	D	0.01%
VSTO	A	0.01%
CZR	F	0.01%
AAON	D	0.01%
XPEV	F	0.01%
ACMR	D	0.01%
ADMA	A	0.01%
ULH	A	0.01%
DOCU	C	0.01%
SOFI	F	0.01%
PRTA	F	0.01%
PHR	F	0.01%
JBI	D	0.01%
POWL	B	0.01%
COLL	C	0.01%
TWLO	D	0.01%
SRPT	B	0.01%
INMD	F	0.01%
CENX	C	0.01%
ERJ	B	0.01%
DQ	F	0.01%
SRRK	D	0.01%
KOP	F	0.01%
CCS	D	0.01%
EVBG	B	0.01%
MBIN	B	0.01%
PTEN	F	0.01%
MRC	B	0.01%
CROX	C	0.01%
GSAT	F	0.01%
HSTM	B	0.01%
EXAS	F	0.01%
ENS	B	0.01%
U	F	0.01%
IDYA	D	0.01%
MARA	C	0.01%
AKO.A	B	0.01%
MHO	C	0.01%
VERX	C	0.01%
CLDX	D	0.01%
RIVN	F	0.01%
MATX	B	0.01%
ATLC	D	0.01%
ALGN	F	0.01%
BEKE	B	0.01%
TOST	B	0.01%
RYTM	D	0.01%
GMS	B	0.01%
SQ	D	0.01%
ORA	B	0.01%
BHF	D	0.01%
CLDT	F	0.01%
THR	A	0.01%
NWSA	D	0.01%
NIO	D	0.01%
GERN	C	0.01%
ABR	D	0.01%
SWAV	A	0.01%
KEX	A	0.01%
FLNG	B	0.01%
AFRM	C	0.01%
EPRT	A	0.01%
GRBK	C	0.01%
BBWI	B	0.01%
DVAX	F	0.01%
AGYS	C	0.01%
CVNA	B	0.01%
ARWR	F	0.01%
OKTA	D	0.01%
SID	F	0.01%
PLMR	B	0.01%
TREX	D	0.01%
OMI	F	0.01%
TEVA	A	0.01%
INBX	D	0.01%
GMRE	D	0.01%
BBIO	D	0.01%
CCL	F	0.01%
EPAM	F	0.01%
CLSK	D	0.01%
DYN	D	0.01%
SOLV	D	0.01%
DCPH	A	0.01%
FICO	C	0.01%
RBLX	F	0.01%
SBLK	A	0.0%
KRYS	D	0.0%
SRG	D	0.0%
XPEV	F	0.0%
SMWB	D	0.0%
LI	F	0.0%
ALEC	F	0.0%
JOBY	D	0.0%
WW	D	0.0%
ATUS	F	0.0%
FORR	F	0.0%
JAMF	C	0.0%
IHRT	F	0.0%
OLMA	F	0.0%
AGL	F	0.0%
CRCT	C	0.0%
OEC	B	0.0%
REPX	D	0.0%
MORF	F	0.0%
TPB	A	0.0%
FRGE	F	0.0%
TH	C	0.0%
FLWS	D	0.0%
EVC	D	0.0%
ZNTL	F	0.0%
ASTH	D	0.0%
BMBL	D	0.0%
TBI	F	0.0%
MLNK	F	0.0%
MLCO	C	0.0%
GDS	C	0.0%
SHYF	C	0.0%
UNIT	F	0.0%
HROW	F	0.0%
TELL	F	0.0%
RGNX	F	0.0%
DADA	F	0.0%
MCB	B	0.0%
SHEN	D	0.0%
DAN	B	0.0%
BOC	F	0.0%
LGIH	F	0.0%
FSBC	C	0.0%
AMRC	D	0.0%
MVIS	F	0.0%
EDIT	F	0.0%
PKST	D	0.0%
FIGS	C	0.0%
KE	C	0.0%
PRVA	F	0.0%
GDOT	D	0.0%
CEVA	F	0.0%
SNCY	F	0.0%
FNA	F	0.0%
DENN	F	0.0%
PFC	B	0.0%
FLGT	D	0.0%
CGEM	C	0.0%
OVV	D	0.0%
OLO	F	0.0%
CABA	F	0.0%
LUMN	F	0.0%
TRUP	F	0.0%
ORLA	C	0.0%
QFIN	A	0.0%
BEAM	F	0.0%
ELVN	B	0.0%
MRVI	C	0.0%
NNVC	B	0.0%
MOFG	D	0.0%
MGPI	D	0.0%
COMM	F	0.0%
VIR	F	0.0%
AMC	F	0.0%
PDFS	C	0.0%
PLL	D	0.0%
ZEUS	F	0.0%
CTKB	F	0.0%
VERV	F	0.0%
CAN	F	0.0%
ALHC	B	0.0%
CNDT	B	0.0%
VNET	C	0.0%
LPRO	F	0.0%
SAVA	D	0.0%
BROS	C	0.0%
MNSO	B	0.0%
GRPN	F	0.0%
SGRY	F	0.0%
SNPO	B	0.0%
MXL	F	0.0%
NABL	D	0.0%
LSCC	F	0.0%
OSPN	B	0.0%
SHC	F	0.0%
XPOF	F	0.0%
CECO	B	0.0%
AOSL	B	0.0%
NCNO	D	0.0%
MDXG	F	0.0%
MAT	D	0.0%
NMIH	A	0.0%
CALX	F	0.0%
HIBB	A	0.0%
ZUO	B	0.0%
LAW	B	0.0%
MAX	C	0.0%
CEIX	D	0.0%
EYE	F	0.0%
WTO	C	0.0%
LAND	C	0.0%
SITM	B	0.0%
YOU	F	0.0%
ETNB	F	0.0%
HAE	C	0.0%
ADUS	A	0.0%
GOGO	C	0.0%
HURN	F	0.0%
BVN	A	0.0%
CRNC	F	0.0%
MODN	B	0.0%
GKOS	B	0.0%
NARI	D	0.0%
APPN	F	0.0%
SOUN	D	0.0%
XHR	C	0.0%
WOLF	F	0.0%
GH	D	0.0%
VCYT	F	0.0%
PDFS	C	0.0%
ICHR	D	0.0%
TMCI	F	0.0%
THO	D	0.0%
RENB	F	0.0%
LILAK	B	0.0%
CAR	D	0.0%
CUBI	D	0.0%
IBP	D	0.0%
NOVA	F	0.0%
SWBI	C	0.0%
PACB	F	0.0%
NKLA	F	0.0%
ATEN	B	0.0%
IDT	B	0.0%
LMND	C	0.0%
IRTC	F	0.0%
CLOV	D	0.0%
KRUS	C	0.0%
ATRO	B	0.0%
DH	F	0.0%
TLRY	D	0.0%
THRM	F	0.0%
ME	D	0.0%
CRSR	F	0.0%
FUBO	F	0.0%
KNSA	B	0.0%
PARR	F	0.0%
DNOW	C	0.0%
SABR	C	0.0%
MNTK	F	0.0%
NVAX	F	0.0%
TASK	B	0.0%
SPCE	F	0.0%
CHEF	B	0.0%
VSCO	F	0.0%
FVRR	D	0.0%
COTY	F	0.0%
PCVX	D	0.0%
RIG	D	0.0%
ADPT	D	0.0%
ENVA	B	0.0%
UVV	B	0.0%
CCB	B	0.0%
S	D	0.0%
EMBC	D	0.0%
RXST	B	0.0%
DGII	F	0.0%
ESTA	B	0.0%
SM	B	0.0%
PENN	F	0.0%
HAYN	D	0.0%
ENIC	B	0.0%
QTRX	F	0.0%
AA	B	0.0%
NEOG	F	0.0%
HAYW	C	0.0%
HL	B	0.0%
SVC	F	0.0%
SANA	D	0.0%
ALTG	F	0.0%
ULCC	D	0.0%
NVCR	D	0.0%
NVRI	C	0.0%
LUNG	C	0.0%
LCID	F	0.0%
RVNC	F	0.0%
CXM	F	0.0%
GLBE	F	0.0%
IAS	F	0.0%
LWLG	F	0.0%
NEXT	B	0.0%
HRI	D	0.0%
UCTT	C	0.0%
SIBN	F	0.0%
OSUR	F	0.0%
APLS	F	0.0%
ARLO	B	0.0%
ATHM	B	0.0%
NTRA	B	0.0%
GPRO	F	0.0%
RAPT	F	0.0%
SQSP	B	0.0%
FIZZ	D	0.0%
MQ	D	0.0%
LAZR	F	0.0%
AEHR	F	0.0%
DHC	F	0.0%
XPRO	B	0.0%
APLD	F	0.0%
SPWR	F	0.0%
RKT	B	0.0%
AVNS	D	0.0%
AX	A	0.0%
YY	C	0.0%
IAG	A	0.0%
PODD	C	0.0%
AMRK	B	0.0%
NNDM	F	0.0%
SHLS	F	0.0%
VMAR	D	0.0%
VZIO	D	0.0%
ATEC	F	0.0%
PL	D	0.0%
PUBM	C	0.0%
BRBR	C	0.0%
SEDG	F	0.0%
RVMD	C	0.0%
BURL	D	0.0%
SFIX	F	0.0%
CCBG	C	0.0%
BIGC	D	0.0%
GRAB	B	0.0%
MED	F	0.0%
WRBY	B	0.0%
ACHR	F	0.0%
RRC	B	0.0%
CLF	F	0.0%
ARDX	C	0.0%
PETQ	B	0.0%
YEXT	F	0.0%
PTGX	C	0.0%
MOMO	C	0.0%
AXSM	D	0.0%
IIIV	C	0.0%
WGO	D	0.0%
DBI	F	0.0%
UWMC	B	0.0%
HTHT	B	0.0%
QNST	B	0.0%
CSTL	B	0.0%
PCT	F	0.0%
PHAT	C	0.0%
VRDN	F	0.0%
PRO	F	0.0%
AR	A	0.0%
FC	D	0.0%
CYTK	D	0.0%
INN	F	0.0%
CFLT	C	0.0%
NUVL	D	0.0%
STAA	C	0.0%
CNC	C	0.0%
FSM	A	0.0%
PTON	D	0.0%
BXC	D	0.0%
TNDM	B	0.0%
DUOL	D	0.0%
PRG	B	0.0%
PRCT	B	0.0%
GME	C	0.0%
PFSI	A	0.0%
EVRI	F	0.0%
LEU	C	0.0%
GNK	B	0.0%
DCO	B	0.0%
APPF	B	0.0%
TTWO	D	0.0%
PAR	C	0.0%
VRNS	D	0.0%
TRNS	A	0.0%
MTCH	F	0.0%
SIGA	D	0.0%
LSPD	F	0.0%
ENVX	D	0.0%
TME	B	0.0%
MCFT	F	0.0%
TITN	D	0.0%
MTW	F	0.0%
TIGR	C	0.0%
DNA	F	0.0%
NX	D	0.0%
PLUG	F	0.0%
BYND	F	0.0%
EB	D	0.0%
HSII	C	0.0%
NCLH	F	0.0%
ZLAB	D	0.0%
BILI	B	0.0%
NTLA	F	0.0%
REZI	C	0.0%
WIX	D	0.0%
OSCR	A	0.0%
UEC	B	0.0%
SNDX	D	0.0%
FDMT	D	0.0%
VVI	D	0.0%
RNG	C	0.0%
ANF	B	0.0%
PLPC	D	0.0%
ACVA	D	0.0%
PGC	F	0.0%
DOCN	D	0.0%
TUYA	C	0.0%
GDRX	D	0.0%
EXTR	F	0.0%
DFH	D	0.0%
STEM	F	0.0%
WIRE	C	0.0%
GDYN	F	0.0%
VITL	B	0.0%
DMRC	F	0.0%
FRSH	F	0.0%
IAUX	F	0.0%
RUN	D	0.0%
SAM	F	0.0%
BCRX	D	0.0%
CHPT	F	0.0%
OPEN	F	0.0%
CRMT	F	0.0%
CTLP	F	0.0%
ADNT	F	0.0%
CASS	D	0.0%
CIG	B	0.0%
ZI	F	0.0%
COHR	D	0.0%
CERT	D	0.0%
UPWK	D	0.0%
TIGO	B	0.0%
VGR	C	0.0%
CHGX	D	0.0%
ENFN	C	0.0%
KHC	C	0.0%
VMEO	D	0.0%
CYRX	F	0.0%
USLM	A	0.0%
HCP	B	0.0%
BRZE	F	0.0%
INSW	A	0.0%
FROG	D	0.0%
AMPS	F	0.0%
DOCS	F	0.0%
INDI	F	0.0%
ACCD	F	0.0%
ALKT	B	0.0%
FCEL	F	0.0%
KC	D	0.0%
SGU	D	0.0%
LEGH	D	0.0%
SDGR	F	0.0%
IIIN	D	0.0%
ARCT	F	0.0%
FIVN	F	0.0%
KREF	F	0.0%
DDD	F	0.0%
DIN	F	0.0%
SPR	D	0.0%
UPST	D	0.0%
KEP	D	0.0%
CDE	A	0.0%
AUPH	D	0.0%
HUYA	B	0.0%
IBUY	D	0.0%
ASPN	A	0.0%
ESTC	C	0.0%
REG	D	0.0%
NSSC	B	0.0%
CYH	C	0.0%
LYFT	D	0.0%
ACLS	C	0.0%
RXRX	F	0.0%
CIFR	D	0.0%
FSLY	F	0.0%
RDFN	D	0.0%
WEAV	F	0.0%
APPS	F	0.0%
BOOT	B	0.0%
RKLB	D	0.0%
KYMR	C	0.0%
SITE	D	0.0%
EQT	C	0.0%
ETSY	F	0.0%
EXPI	C	0.0%
CARS	C	0.0%
VICR	F	0.0%
FLNC	D	0.0%
BJRI	D	0.0%
BLFS	B	0.0%
ARRY	F	0.0%
RLJ	F	0.0%
SMAR	F	0.0%
ODFL	D	0.0%
PIXY	F	0.0%
WSR	B	0.0%
DT	D	0.0%
AI	F	0.0%
MEG	C	0.0%
ALNY	C	0.0%

SPGM Underweight 213 Positions Relative to BSV

Symbol	Grade	Weight
TAP	F	-0.02%
NI	A	-0.02%
VOD	D	-0.02%
MCHP	C	-0.02%
NNN	A	-0.01%
NEU	D	-0.01%
NDAQ	D	-0.01%
MAS	D	-0.01%
PCAR	D	-0.01%
MLM	C	-0.01%
LNC	C	-0.01%
MHK	C	-0.01%
OGS	D	-0.01%
MCO	B	-0.01%
IVZ	D	-0.01%
HRL	B	-0.01%
HP	D	-0.01%
JHG	A	-0.01%
JEF	B	-0.01%
JD	B	-0.01%
HAS	C	-0.01%
L	A	-0.01%
H	D	-0.01%
KMPR	B	-0.01%
ES	B	-0.01%
EQH	A	-0.01%
EPR	C	-0.01%
EFX	D	-0.01%
FRT	C	-0.01%
DAL	A	-0.01%
FNB	A	-0.01%
CSL	A	-0.01%
FMC	C	-0.01%
FLS	A	-0.01%
GBDC	C	-0.01%
BC	D	-0.01%
AIZ	C	-0.01%
CNA	B	-0.01%
AVT	A	-0.01%
AVB	A	-0.01%
BRX	B	-0.01%
ATO	B	-0.01%
AEE	B	-0.01%
ARW	C	-0.01%
BKU	B	-0.01%
CE	C	-0.01%
AN	B	-0.01%
CACC	D	-0.01%
CPT	B	-0.01%
BDN	B	-0.01%
BCSF	A	-0.01%
THG	A	-0.01%
UNM	B	-0.01%
WEC	B	-0.01%
WAL	B	-0.01%
SWK	F	-0.01%
TRMB	D	-0.01%
XEL	C	-0.01%
WPC	C	-0.01%
SLG	B	-0.01%
SKT	D	-0.01%
SITC	C	-0.01%
RS	D	-0.01%
PVH	D	-0.01%
PHM	B	-0.01%
RL	D	-0.01%
PFG	C	-0.01%
RGA	A	-0.01%
PPG	D	-0.01%
SNX	A	-0.01%
SNV	B	-0.01%
MAIN	A	-0.01%
MAA	B	-0.01%
NFG	A	-0.01%
ORI	A	-0.01%
OPI	D	-0.01%
LNT	B	-0.01%
LII	C	-0.01%
OCSL	C	-0.01%
OC	A	-0.01%
LEG	F	-0.01%
MSI	A	-0.01%
LAZ	C	-0.01%
NTRS	B	-0.01%
PDM	B	-0.01%
GSBD	A	-0.01%
HUBB	C	-0.01%
HRB	B	-0.01%
IPG	D	-0.01%
IP	C	-0.01%
HII	D	-0.01%
JBHT	F	-0.01%
GWW	D	-0.01%
KRC	D	-0.01%
KR	D	-0.01%
FHN	A	-0.01%
EMN	A	-0.01%
ED	A	-0.01%
CUBE	D	-0.01%
FAF	D	-0.01%
FLEX	C	-0.01%
DOV	A	-0.01%
COKE	B	-0.01%
CNP	B	-0.01%
CNHI	F	-0.01%
BWA	B	-0.01%
CMS	A	-0.01%
AWH	F	-0.01%
AFG	C	-0.01%
BRO	C	-0.01%
BR	D	-0.01%
BKH	B	-0.01%
APH	A	-0.01%
CP	D	-0.01%
UDR	B	-0.01%
UAL	B	-0.01%
TDY	D	-0.01%
WAB	A	-0.01%
TXT	D	-0.01%
TSLX	B	-0.01%
SWKS	F	-0.01%
VOYA	B	-0.01%
VNO	F	-0.01%
VMC	C	-0.01%
WY	D	-0.01%
WU	D	-0.01%
VFC	F	-0.01%
TKR	B	-0.01%
WHR	F	-0.01%
PNW	B	-0.01%
ROK	F	-0.01%
RNR	D	-0.01%
SF	A	-0.01%
PSEC	D	-0.01%
SCCO	B	-0.01%
RF	B	-0.01%
SBRA	B	-0.01%
GLPI	D	-0.01%
ESS	A	-0.01%
KEY	C	-0.01%
KDP	A	-0.01%
HUM	D	-0.01%
OHI	C	-0.01%
LHX	A	-0.01%
LH	D	-0.01%
O	B	-0.01%
BHP	D	-0.01%
BG	B	-0.01%
AZO	D	-0.01%
AWK	B	-0.01%
AGR	B	-0.01%
DTE	A	-0.01%
EVRG	B	-0.01%
ETR	A	-0.01%
CNO	A	-0.01%
GP	F	-0.01%
MAR	D	-0.01%
WB	C	-0.01%
VTR	B	-0.01%
VRSK	B	-0.01%
STLD	D	-0.01%
SRE	A	-0.01%
R	A	-0.01%
PKG	D	-0.01%
HBAN	A	-0.01%
DGX	B	-0.01%
FSK	A	-0.01%
D	A	-0.01%
LEN	C	-0.01%
FANG	B	-0.01%
CAH	F	-0.01%
AL	C	-0.01%
BXP	D	-0.01%
WLK	B	-0.01%
RSG	C	-0.01%
ROP	D	-0.01%
WRK	A	-0.01%
RPRX	F	-0.01%
CPB	B	-0.01%
AIG	A	-0.01%
CM	C	-0.01%
AER	A	-0.01%
CCI	D	-0.01%
BERY	C	-0.01%
CAF	B	-0.01%
ICE	C	-0.01%
ET	A	-0.01%
OMC	A	-0.01%
PAA	B	-0.01%
TFC	A	-0.01%
ZBH	D	-0.01%
STZ	C	-0.01%
ARE	D	-0.01%
ARCC	A	-0.01%
AMP	C	-0.01%
CMA	B	-0.01%
DG	D	-0.01%
EDC	B	-0.01%
COE	C	-0.01%
MPLX	A	-0.01%
GSK	A	-0.01%
OKE	A	-0.01%
EPD	B	-0.01%
DB	B	-0.01%
RY	A	-0.01%
BNS	D	-0.01%
FITB	A	-0.01%
EQNR	C	-0.01%
NWG	A	-0.01%
LUV	F	-0.01%
WELL	A	-0.01%
BMO	C	-0.01%
HSBC	B	-0.01%