SPGM vs. DWAS ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)

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

$60.80

Average Daily Volume

37,308

Number of Holdings ^*

997

* may have additional holdings in another (foreign) market

DWAS

PowerShares DWA SmallCap Technical Leaders Portfolio

DWAS Description

The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.

Grade (RS Rating)

Last Trade

$88.22

Average Daily Volume

45,684

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	DWAS
30 Days	6.50%	6.87%
60 Days	3.70%	1.36%
90 Days	6.63%	-0.84%
12 Months	22.64%	20.75%

55 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in DWAS	Overlap
ACMR	D	0.01%	0.35%	0.01%
ACVA	D	0.0%	0.35%	0.0%
ADMA	A	0.01%	0.91%	0.01%
ANF	B	0.0%	1.1%	0.0%
APPF	B	0.0%	0.41%	0.0%
ARLO	A	0.0%	0.44%	0.0%
ASPN	A	0.01%	0.65%	0.01%
BZH	D	0.01%	0.36%	0.01%
CHX	D	0.02%	0.39%	0.02%
CLSK	D	0.01%	0.42%	0.01%
CMPR	D	0.01%	0.4%	0.01%
COLL	C	0.01%	0.37%	0.01%
CUBI	D	0.0%	0.35%	0.0%
CVNA	B	0.02%	0.54%	0.02%
DFH	F	0.0%	0.33%	0.0%
DYN	D	0.02%	0.36%	0.02%
ENVA	C	0.0%	0.39%	0.0%
EVH	F	0.01%	0.39%	0.01%
GKOS	B	0.0%	0.46%	0.0%
GMS	C	0.01%	0.52%	0.01%
GRBK	D	0.01%	0.64%	0.01%
HEES	F	0.0%	0.3%	0.0%
HRI	D	0.0%	0.72%	0.0%
IBP	D	0.0%	0.36%	0.0%
IDYA	D	0.01%	0.44%	0.01%
KD	A	0.01%	0.45%	0.01%
KOP	F	0.01%	0.32%	0.01%
KRUS	C	0.0%	0.36%	0.0%
KRYS	D	0.0%	0.45%	0.0%
KYMR	C	0.0%	0.36%	0.0%
MATX	B	0.01%	0.4%	0.01%
MAX	C	0.0%	0.39%	0.0%
MBIN	B	0.01%	0.43%	0.01%
MDXG	D	0.0%	0.33%	0.0%
MHO	D	0.01%	0.37%	0.01%
MOD	A	0.05%	1.81%	0.05%
NUVL	D	0.0%	1.16%	0.0%
PACK	B	0.01%	0.36%	0.01%
PARR	F	0.0%	0.29%	0.0%
PAY	D	0.01%	0.32%	0.01%
PCT	F	0.0%	0.3%	0.0%
PLAB	B	0.01%	0.4%	0.01%
PLAY	D	0.02%	0.67%	0.02%
POWL	B	0.01%	1.1%	0.01%
RDNT	B	0.01%	0.42%	0.01%
RNA	B	0.01%	0.46%	0.01%
RXST	B	0.0%	0.82%	0.0%
SKY	D	0.02%	0.39%	0.02%
SOUN	D	0.0%	0.32%	0.0%
TRNS	A	0.0%	1.34%	0.0%
USLM	A	0.0%	0.46%	0.0%
VERX	D	0.01%	0.37%	0.01%
VRNS	D	0.0%	0.35%	0.0%
WIRE	B	0.0%	0.55%	0.0%
ZEUS	F	0.0%	0.45%	0.0%

SPGM Overweight 942 Positions Relative to DWAS

Symbol	Grade	Weight
MSFT	C	3.61%
AAPL	B	3.41%
NVDA	B	2.77%
AMZN	A	2.06%
META	D	1.33%
GOOG	B	1.19%
GOOGL	B	1.16%
TSM	B	0.91%
JPM	B	0.83%
AVGO	C	0.82%
LLY	C	0.78%
XOM	B	0.71%
V	C	0.67%
BRK.A	D	0.67%
UNH	C	0.65%
TSLA	D	0.57%
COST	B	0.55%
HD	D	0.51%
PG	A	0.5%
TMO	D	0.47%
CRM	D	0.46%
BAC	B	0.46%
MRK	B	0.45%
JNJ	F	0.41%
TXN	A	0.4%
MA	D	0.4%
WFC	A	0.39%
ABBV	D	0.38%
INTU	D	0.38%
CVX	B	0.37%
AMAT	C	0.36%
ADBE	D	0.35%
TM	D	0.35%
QCOM	B	0.34%
DHR	C	0.34%
ABT	F	0.34%
CSCO	D	0.33%
AXP	A	0.32%
RTX	A	0.31%
PEP	B	0.31%
WMT	C	0.31%
KO	A	0.31%
GS	A	0.31%
ORCL	D	0.31%
CAT	D	0.3%
LIN	D	0.3%
TJX	C	0.3%
LOW	D	0.29%
CB	C	0.29%
AMD	D	0.29%
NFLX	C	0.29%
DIS	D	0.28%
UNP	C	0.28%
NEE	B	0.27%
A	C	0.26%
ACN	D	0.26%
C	A	0.26%
AMGN	B	0.25%
BKNG	B	0.25%
MS	A	0.25%
IBM	D	0.24%
MDT	D	0.24%
MCK	B	0.24%
ELV	A	0.24%
GD	A	0.24%
WM	B	0.23%
LMT	A	0.23%
PLD	D	0.23%
NKE	D	0.23%
NVS	B	0.23%
ETN	A	0.23%
SPGI	C	0.22%
AFL	A	0.22%
CMI	B	0.22%
MCD	F	0.22%
HON	C	0.21%
COP	C	0.21%
PFE	D	0.21%
BABA	C	0.2%
EMR	C	0.2%
PSA	D	0.2%
SONY	F	0.2%
DE	B	0.2%
ADP	D	0.2%
ABBV	D	0.19%
INTC	F	0.19%
MET	C	0.19%
MPC	D	0.19%
ORLY	D	0.19%
CSX	D	0.19%
ADI	A	0.18%
BDX	F	0.18%
SCHW	A	0.18%
SYK	D	0.18%
TRV	D	0.18%
SBUX	F	0.18%
AMT	D	0.17%
TT	A	0.17%
IBN	B	0.17%
FDX	D	0.17%
MMC	C	0.17%
TEL	C	0.17%
T	B	0.17%
CMCSA	D	0.17%
PM	A	0.17%
ROST	D	0.17%
PRU	A	0.16%
JCI	B	0.16%
NSC	D	0.16%
CNI	D	0.16%
AEP	A	0.16%
EOG	B	0.16%
NOC	B	0.16%
UL	A	0.16%
HSY	B	0.15%
PGR	A	0.15%
GILD	F	0.15%
BK	A	0.15%
DFS	C	0.15%
MUFG	D	0.15%
TGT	D	0.14%
CL	A	0.14%
ECL	A	0.14%
PNC	B	0.14%
GE	A	0.14%
VZ	D	0.14%
CVS	F	0.14%
PH	B	0.14%
ALL	B	0.14%
NOW	D	0.13%
BA	F	0.13%
UPS	D	0.13%
TD	F	0.13%
PEG	A	0.13%
BSX	B	0.13%
CEG	A	0.13%
SPG	C	0.13%
SYY	D	0.13%
ITW	D	0.13%
INFY	D	0.13%
KEYS	D	0.13%
VLO	D	0.13%
HES	B	0.13%
KMB	B	0.12%
GLW	B	0.12%
FAST	D	0.12%
BMY	F	0.12%
PYPL	C	0.12%
YUM	C	0.12%
CTSH	D	0.12%
CMG	A	0.12%
RDY	C	0.12%
IR	D	0.12%
UBER	D	0.12%
COF	B	0.12%
REGN	C	0.12%
BIIB	C	0.11%
CLX	F	0.11%
USB	D	0.11%
MKC	B	0.11%
EIX	A	0.11%
NTAP	B	0.1%
ADM	C	0.1%
ZTS	D	0.1%
DUK	A	0.1%
AZN	A	0.1%
EL	F	0.1%
HPQ	C	0.1%
PDD	B	0.1%
MTB	A	0.1%
LYB	C	0.09%
MMM	B	0.09%
VALE	C	0.09%
LRCX	D	0.09%
CI	D	0.09%
ISRG	D	0.09%
CHT	C	0.09%
CME	C	0.09%
ROIC	D	0.09%
EBAY	D	0.09%
CRWD	C	0.09%
MU	B	0.09%
MELI	B	0.09%
PANW	B	0.09%
SMFG	D	0.08%
BLK	D	0.08%
CHTR	F	0.08%
DLTR	F	0.08%
PPL	A	0.08%
CHD	A	0.08%
SJM	F	0.08%
GM	B	0.08%
CTVA	B	0.08%
DD	A	0.08%
MO	A	0.08%
UMH	C	0.08%
TSN	B	0.08%
WDC	B	0.08%
SHOP	F	0.08%
DOW	C	0.08%
F	D	0.08%
DEO	D	0.08%
STLA	D	0.08%
SLB	F	0.08%
OXY	C	0.07%
FTV	D	0.07%
TCOM	A	0.07%
STT	C	0.07%
EXC	B	0.07%
STX	C	0.07%
APD	C	0.07%
SO	A	0.07%
MRO	D	0.07%
FE	A	0.07%
PKX	F	0.07%
VRTX	C	0.07%
CHRW	C	0.07%
UMC	C	0.07%
ITUB	D	0.06%
CARR	A	0.06%
VGR	D	0.06%
BCS	A	0.06%
MFG	D	0.06%
EQR	A	0.06%
NXRT	B	0.06%
HDB	D	0.06%
BAX	F	0.06%
DEA	B	0.06%
JNPR	D	0.06%
E	C	0.06%
GIS	C	0.06%
BEN	F	0.06%
VRT	A	0.06%
MDLZ	B	0.06%
ANET	C	0.06%
HPE	D	0.06%
PSX	D	0.06%
AON	F	0.06%
WMB	A	0.06%
HAL	F	0.06%
COIN	D	0.05%
SNOW	F	0.05%
GOOD	A	0.05%
DOC	A	0.05%
BX	D	0.05%
TMUS	B	0.05%
NMR	D	0.05%
MRNA	B	0.05%
LW	F	0.05%
SNPS	D	0.05%
ABNB	D	0.05%
LYG	A	0.05%
CAG	B	0.05%
K	B	0.05%
SMCI	D	0.05%
WIT	D	0.05%
FCX	B	0.05%
KLAC	A	0.05%
PBR	A	0.04%
TPR	D	0.04%
DX	C	0.04%
GEV	C	0.04%
ALLE	D	0.04%
NEM	B	0.04%
TMDX	B	0.04%
KB	B	0.04%
BIDU	C	0.04%
LVS	D	0.04%
FOXA	B	0.04%
OTIS	D	0.04%
SYF	B	0.04%
TTD	B	0.04%
EQIX	F	0.04%
MRVL	D	0.04%
VLTO	A	0.04%
PLTR	D	0.04%
DASH	D	0.03%
MT	F	0.03%
DKNG	D	0.03%
LI	F	0.03%
FTI	B	0.03%
DDOG	D	0.03%
NET	F	0.03%
AXNX	C	0.03%
CHCT	F	0.03%
DELL	B	0.03%
LNW	D	0.03%
LNTH	B	0.03%
MPWR	B	0.03%
SQ	D	0.03%
SHW	D	0.03%
MDB	F	0.03%
SE	B	0.03%
DXCM	D	0.03%
AXON	B	0.03%
WBA	F	0.03%
LDOS	A	0.03%
BBD	F	0.03%
KVUE	C	0.03%
YUMC	F	0.03%
BRSP	F	0.03%
HMC	D	0.03%
OII	B	0.02%
BBIO	F	0.02%
ON	F	0.02%
VIPS	D	0.02%
PBF	D	0.02%
FSLR	B	0.02%
ZM	F	0.02%
VEEV	D	0.02%
AIV	B	0.02%
MTDR	D	0.02%
FICO	C	0.02%
KSS	F	0.02%
CDNS	D	0.02%
ALLY	B	0.02%
QTWO	A	0.02%
SNAP	B	0.02%
URI	D	0.02%
APP	B	0.02%
CFG	A	0.02%
HIMS	D	0.02%
MSTR	D	0.02%
DVN	B	0.02%
TAL	B	0.02%
AZEK	D	0.02%
GGB	C	0.02%
KOS	D	0.02%
NUE	F	0.02%
CF	F	0.02%
TBBK	D	0.02%
FTNT	F	0.02%
ZS	F	0.02%
HUBS	D	0.02%
GOLD	B	0.02%
TAC	C	0.02%
WBD	F	0.02%
IIPR	B	0.02%
WTTR	B	0.02%
BABA	C	0.02%
PARA	C	0.02%
AHH	B	0.02%
ABEV	F	0.02%
ITCI	C	0.02%
PINS	A	0.02%
TTGT	F	0.02%
CELH	D	0.02%
SHG	B	0.02%
RCL	A	0.02%
BKR	D	0.02%
TEAM	F	0.02%
LULU	F	0.02%
GEHC	D	0.02%
MOS	F	0.02%
ACRE	F	0.02%
HCA	D	0.02%
IFF	A	0.02%
KMI	A	0.02%
WDAY	F	0.02%
HOV	B	0.02%
CARS	D	0.01%
SMAR	D	0.01%
RKLB	D	0.01%
CIB	C	0.01%
HUYA	B	0.01%
WSR	C	0.01%
ROCK	D	0.01%
CHPT	D	0.01%
RXRX	F	0.01%
MEG	B	0.01%
QS	F	0.01%
PIXY	F	0.01%
RPAY	B	0.01%
RCKT	D	0.01%
RGEN	F	0.01%
RAMP	F	0.01%
BCRX	D	0.01%
NVT	A	0.01%
BTU	F	0.01%
AI	F	0.01%
WRLD	B	0.01%
PNR	C	0.01%
PNTG	A	0.01%
MGNI	F	0.01%
CCO	D	0.01%
ASAN	F	0.01%
FBK	B	0.01%
HCAT	F	0.01%
DXC	F	0.01%
EXPI	C	0.01%
BILL	F	0.01%
BE	C	0.01%
APPS	F	0.01%
JELD	F	0.01%
DLR	D	0.01%
TDOC	F	0.01%
GNRC	B	0.01%
SONO	D	0.01%
BLFS	B	0.01%
ATKR	D	0.01%
ITRI	A	0.01%
AMR	D	0.01%
ELAN	B	0.01%
RDFN	D	0.01%
ALEX	C	0.01%
AAON	C	0.01%
GTLB	F	0.01%
CC	C	0.01%
Z	F	0.01%
CASH	B	0.01%
SQM	D	0.01%
LOB	D	0.01%
BGNE	C	0.01%
OGN	B	0.01%
LBRDK	F	0.01%
CLBT	D	0.01%
RIOT	F	0.01%
PHI	B	0.01%
PCH	D	0.01%
IDXX	D	0.01%
SLP	B	0.01%
LASR	C	0.01%
M	D	0.01%
CLNE	F	0.01%
IMVT	F	0.01%
ZTO	C	0.01%
MCRI	D	0.01%
ADSK	F	0.01%
EXPE	F	0.01%
BZ	B	0.01%
NOV	D	0.01%
OSW	B	0.01%
XPO	D	0.01%
ZETA	B	0.01%
INTA	D	0.01%
TGI	C	0.01%
PTCT	C	0.01%
MDGL	D	0.01%
PATH	D	0.01%
FOUR	F	0.01%
VSTO	A	0.01%
CZR	F	0.01%
IQ	C	0.01%
EFC	B	0.01%
VKTX	B	0.01%
JKS	C	0.01%
DQ	F	0.01%
MNDY	D	0.01%
PEN	F	0.01%
YETI	F	0.01%
AGNC	C	0.01%
FUTU	B	0.01%
JBI	D	0.01%
XPEV	F	0.01%
BLBD	C	0.01%
CPRX	D	0.01%
RVLV	C	0.01%
RLX	B	0.01%
SRRK	D	0.01%
ROKU	F	0.01%
BASE	D	0.01%
AKRO	F	0.01%
HASI	A	0.01%
EXAS	F	0.01%
SOFI	F	0.01%
U	F	0.01%
ULH	A	0.01%
CENX	B	0.01%
TWLO	D	0.01%
MITK	B	0.01%
GSAT	F	0.01%
DOCU	B	0.01%
PTEN	F	0.01%
PRTA	F	0.01%
RCUS	F	0.01%
SRPT	B	0.01%
EVBG	B	0.01%
NXPI	A	0.01%
ALGN	F	0.01%
ATLC	F	0.01%
INMD	F	0.01%
PHR	F	0.01%
W	C	0.01%
SEMR	A	0.01%
COMP	D	0.01%
HSTM	B	0.01%
TGTX	C	0.01%
OMI	F	0.01%
CCS	D	0.01%
ENS	B	0.01%
BHF	D	0.01%
ERJ	B	0.01%
CROX	C	0.01%
SQ	D	0.01%
FIS	C	0.01%
GME	B	0.01%
GERN	B	0.01%
CLDT	F	0.01%
EPAM	D	0.01%
CLDX	D	0.01%
RIVN	F	0.01%
MARA	C	0.01%
RYTM	D	0.01%
MRC	D	0.01%
AES	B	0.01%
AKO.A	B	0.01%
AFRM	D	0.01%
ILMN	F	0.01%
TWST	B	0.01%
SWAV	A	0.01%
THR	A	0.01%
DVAX	D	0.01%
TOST	A	0.01%
NWSA	D	0.01%
KEX	A	0.01%
SID	F	0.01%
BEKE	B	0.01%
EPRT	A	0.01%
ORA	C	0.01%
VTRS	C	0.01%
INSP	D	0.01%
FLNG	C	0.01%
ABR	B	0.01%
TREX	D	0.01%
BBWI	C	0.01%
INBX	D	0.01%
NIO	C	0.01%
ALB	C	0.01%
PLMR	A	0.01%
OKTA	D	0.01%
CCL	F	0.01%
ARWR	F	0.01%
RBLX	C	0.01%
SOLV	C	0.01%
GMRE	D	0.01%
VNT	D	0.01%
APA	F	0.01%
AGYS	B	0.01%
ACEL	C	0.01%
IMXI	D	0.01%
DCPH	A	0.01%
BLDR	D	0.01%
TEVA	B	0.01%
ENPH	F	0.01%
SRG	D	0.0%
XPEV	F	0.0%
SMWB	D	0.0%
LI	F	0.0%
IHRT	D	0.0%
ALEC	F	0.0%
JOBY	D	0.0%
ATUS	F	0.0%
JAMF	B	0.0%
MP	D	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	F	0.0%
FRGE	F	0.0%
MORF	F	0.0%
TH	C	0.0%
EVC	C	0.0%
CRCT	B	0.0%
FLWS	D	0.0%
ZNTL	F	0.0%
TPB	B	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	F	0.0%
DADA	F	0.0%
TELL	F	0.0%
SNCY	F	0.0%
RGNX	F	0.0%
SHYF	C	0.0%
MLCO	D	0.0%
MCB	B	0.0%
FNA	F	0.0%
DAN	C	0.0%
PRVA	F	0.0%
FSBC	D	0.0%
LGIH	F	0.0%
PKST	F	0.0%
CRNC	F	0.0%
CEVA	D	0.0%
DENN	F	0.0%
KE	C	0.0%
EDIT	F	0.0%
OVV	C	0.0%
CGEM	B	0.0%
OLO	F	0.0%
SHEN	D	0.0%
HROW	F	0.0%
XPOF	F	0.0%
GDOT	C	0.0%
FIGS	D	0.0%
PFC	B	0.0%
AMRC	C	0.0%
TMCI	F	0.0%
FLGT	F	0.0%
LUMN	F	0.0%
ORLA	B	0.0%
MGPI	D	0.0%
MOFG	D	0.0%
BEAM	F	0.0%
QFIN	A	0.0%
VERV	F	0.0%
CTKB	F	0.0%
PDFS	F	0.0%
CABA	F	0.0%
TRUP	F	0.0%
MXL	D	0.0%
NNVC	A	0.0%
LSCC	F	0.0%
HOG	D	0.0%
SAVA	C	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%
MNSO	B	0.0%
LAW	B	0.0%
NABL	D	0.0%
CECO	B	0.0%
SHC	F	0.0%
EYE	F	0.0%
VNET	C	0.0%
APTV	D	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	F	0.0%
HIBB	A	0.0%
MRVI	B	0.0%
HURN	F	0.0%
NCNO	D	0.0%
ZUO	B	0.0%
NMIH	A	0.0%
WOLF	F	0.0%
NKLA	F	0.0%
CEIX	D	0.0%
YOU	F	0.0%
BVN	B	0.0%
WTO	C	0.0%
OSPN	B	0.0%
ALHC	B	0.0%
CALX	F	0.0%
LAND	D	0.0%
BROS	C	0.0%
HAE	B	0.0%
ICHR	D	0.0%
MODN	B	0.0%
ETNB	F	0.0%
AOSL	B	0.0%
SWBI	C	0.0%
IRTC	F	0.0%
ALTG	D	0.0%
THO	D	0.0%
XHR	D	0.0%
GRPN	F	0.0%
GOGO	C	0.0%
DNOW	C	0.0%
ADUS	A	0.0%
LMND	C	0.0%
FUBO	F	0.0%
PDFS	F	0.0%
CRSR	F	0.0%
LILAK	B	0.0%
DGII	F	0.0%
THRM	D	0.0%
COTY	F	0.0%
NOVA	F	0.0%
VCYT	F	0.0%
IDT	C	0.0%
AMC	F	0.0%
CAR	D	0.0%
NARI	F	0.0%
PENN	F	0.0%
KNSA	B	0.0%
SM	B	0.0%
ME	F	0.0%
ATEN	B	0.0%
RIG	F	0.0%
GLBE	F	0.0%
SVC	F	0.0%
TLRY	D	0.0%
RVNC	F	0.0%
SABR	D	0.0%
SITM	C	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	C	0.0%
CHEF	C	0.0%
ULCC	D	0.0%
ENIC	B	0.0%
PACB	F	0.0%
GH	D	0.0%
AA	B	0.0%
SANA	B	0.0%
PCVX	C	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	F	0.0%
LWLG	F	0.0%
MNTK	F	0.0%
FVRR	F	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%
OSUR	F	0.0%
HL	B	0.0%
AMRK	B	0.0%
DHC	F	0.0%
DHI	D	0.0%
SIBN	F	0.0%
ESTA	B	0.0%
ATEC	F	0.0%
NEXT	B	0.0%
UCTT	C	0.0%
MQ	D	0.0%
LCID	F	0.0%
EMBC	F	0.0%
FIZZ	D	0.0%
VZIO	D	0.0%
VMAR	D	0.0%
XPRO	B	0.0%
YY	C	0.0%
IIIV	B	0.0%
AVNS	D	0.0%
ADPT	D	0.0%
DUOL	B	0.0%
PUBM	B	0.0%
ATHM	B	0.0%
NTRA	B	0.0%
LUNG	D	0.0%
NNDM	F	0.0%
PODD	C	0.0%
ACHR	F	0.0%
RKT	B	0.0%
BRBR	C	0.0%
CCBG	D	0.0%
GRAB	B	0.0%
SQSP	A	0.0%
RRC	B	0.0%
LAZR	D	0.0%
PRO	F	0.0%
RVMD	B	0.0%
CLF	F	0.0%
BURL	D	0.0%
AX	A	0.0%
DBI	D	0.0%
STEM	F	0.0%
YEXT	F	0.0%
IAG	B	0.0%
STAA	D	0.0%
WGO	D	0.0%
MOMO	C	0.0%
EVRI	F	0.0%
AXSM	B	0.0%
FC	D	0.0%
CYTK	D	0.0%
PL	F	0.0%
HTHT	B	0.0%
KIM	C	0.0%
SFIX	F	0.0%
AR	B	0.0%
INN	F	0.0%
QNST	B	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%
APLD	F	0.0%
SPWR	F	0.0%
LSPD	F	0.0%
PETQ	D	0.0%
PHAT	C	0.0%
CSTL	B	0.0%
CNC	C	0.0%
FSLY	F	0.0%
WRBY	F	0.0%
NVCR	D	0.0%
ARDX	C	0.0%
UWMC	B	0.0%
LEU	C	0.0%
ZI	F	0.0%
PRG	B	0.0%
PAR	B	0.0%
CFLT	C	0.0%
MTCH	F	0.0%
PTGX	D	0.0%
TTWO	D	0.0%
BIGC	F	0.0%
MCFT	F	0.0%
GNK	A	0.0%
PFSI	B	0.0%
EB	F	0.0%
FSM	B	0.0%
MTW	F	0.0%
DCO	B	0.0%
PCG	B	0.0%
CYRX	F	0.0%
TITN	F	0.0%
FROG	D	0.0%
UEC	B	0.0%
EXTR	F	0.0%
NX	D	0.0%
SGU	B	0.0%
PTON	D	0.0%
IAUX	F	0.0%
HST	D	0.0%
CERT	D	0.0%
SNDX	D	0.0%
ACCD	F	0.0%
GDRX	B	0.0%
VVI	D	0.0%
ADNT	F	0.0%
SAM	D	0.0%
KHC	C	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	D	0.0%
TME	B	0.0%
BYND	D	0.0%
PLPC	D	0.0%
SPR	D	0.0%
HSII	C	0.0%
SPT	F	0.0%
GDYN	D	0.0%
SDGR	F	0.0%
TIGR	D	0.0%
ENFN	B	0.0%
KEP	D	0.0%
WIX	D	0.0%
VGR	D	0.0%
BRZE	F	0.0%
PRCT	B	0.0%
DOCS	F	0.0%
BILI	B	0.0%
COHR	D	0.0%
CASS	D	0.0%
CHGX	C	0.0%
IBUY	D	0.0%
HCP	B	0.0%
TUYA	C	0.0%
UPWK	F	0.0%
CIG	B	0.0%
DOCN	D	0.0%
NTLA	F	0.0%
DIN	F	0.0%
RUN	D	0.0%
AMG	D	0.0%
KREF	F	0.0%
CRMT	D	0.0%
INDI	F	0.0%
IIIN	D	0.0%
EA	F	0.0%
DMRC	F	0.0%
CTLP	F	0.0%
RNG	C	0.0%
VMEO	D	0.0%
KC	C	0.0%
ALKT	B	0.0%
ETSY	F	0.0%
ZLAB	F	0.0%
OPEN	F	0.0%
REG	F	0.0%
AUPH	F	0.0%
RLJ	F	0.0%
TIGO	B	0.0%
ARCT	F	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	C	0.0%
ESTC	B	0.0%
CIFR	C	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%
EQT	B	0.0%
KLG	B	0.0%
VICR	F	0.0%
NVAX	F	0.0%
ACLS	D	0.0%
PLUG	F	0.0%
LEGH	D	0.0%
ODFL	F	0.0%
CSGP	C	0.0%
FLNC	C	0.0%
AUR	B	0.0%
ELF	D	0.0%
ALNY	D	0.0%
CYH	B	0.0%
DT	F	0.0%
VITL	A	0.0%
LIND	F	0.0%
NEO	D	0.0%
VPG	F	0.0%
GPN	F	0.0%
UPST	F	0.0%
ARVN	D	0.0%
BJRI	D	0.0%

SPGM Underweight 127 Positions Relative to DWAS

Symbol	Grade	Weight
TDW	B	-1.72%
STRL	B	-1.62%
LFMD	B	-1.42%
COOP	A	-1.2%
DFIN	B	-1.18%
ALPN	A	-1.17%
LMB	B	-1.14%
UFPT	B	-1.03%
VERA	C	-0.99%
IMNM	D	-0.98%
KAI	D	-0.95%
RRR	D	-0.84%
IESC	A	-0.68%
CBZ	C	-0.67%
SERA	C	-0.65%
HRTG	C	-0.64%
ATI	B	-0.6%
ALG	D	-0.58%
USAP	A	-0.57%
BYRN	B	-0.57%
GTX	D	-0.56%
CSWI	A	-0.52%
VCTR	A	-0.52%
EVER	B	-0.52%
TPC	B	-0.52%
BMI	A	-0.51%
BCC	D	-0.5%
AROC	B	-0.49%
TREE	B	-0.48%
AVAV	A	-0.47%
MYRG	D	-0.47%
SKYW	B	-0.47%
SFM	A	-0.47%
GHM	B	-0.46%
FSS	B	-0.46%
AMRX	B	-0.46%
MACK	B	-0.45%
SMHI	D	-0.45%
ARCB	F	-0.45%
ARQT	D	-0.44%
CRAI	A	-0.44%
JXN	A	-0.44%
GVA	A	-0.43%
MLI	B	-0.43%
UTI	B	-0.43%
SLVM	A	-0.43%
KTB	B	-0.43%
VECO	B	-0.43%
BGC	A	-0.42%
VSEC	A	-0.42%
TRAK	B	-0.42%
MOG.A	A	-0.42%
LPX	A	-0.42%
CRNX	A	-0.42%
OFG	A	-0.42%
HWKN	B	-0.41%
BECN	C	-0.41%
SKT	D	-0.41%
AMSC	C	-0.41%
FRPT	B	-0.41%
BKD	B	-0.41%
NRIX	C	-0.41%
GFF	C	-0.41%
RYI	F	-0.41%
PIPR	A	-0.41%
NBN	B	-0.41%
HCI	B	-0.4%
DXPE	B	-0.4%
ORIC	D	-0.4%
INBK	C	-0.4%
GES	B	-0.4%
ESQ	B	-0.4%
SPRY	C	-0.4%
CACC	D	-0.39%
CDLX	B	-0.39%
SILK	C	-0.39%
LBRT	B	-0.39%
MRUS	B	-0.39%
ESAB	B	-0.39%
ORN	D	-0.38%
BSIG	D	-0.38%
ROAD	D	-0.38%
GOLF	D	-0.38%
ICFI	C	-0.38%
SGBX	D	-0.38%
CRVL	B	-0.38%
ALSN	D	-0.37%
NR	C	-0.37%
SPNT	C	-0.37%
GPOR	C	-0.37%
EZPW	D	-0.37%
FELE	D	-0.37%
CELC	D	-0.37%
SUM	D	-0.36%
ASO	F	-0.36%
AGM	C	-0.36%
SXC	D	-0.36%
ANIP	D	-0.36%
RUSHA	D	-0.36%
SXI	D	-0.36%
BLZE	D	-0.36%
RYAN	D	-0.35%
VVV	D	-0.35%
AGO	D	-0.35%
FOR	D	-0.35%
NPO	D	-0.35%
KURA	D	-0.35%
ANDE	F	-0.35%
KROS	D	-0.34%
LQDA	D	-0.34%
MTRX	D	-0.34%
SMID	D	-0.33%
ARHS	D	-0.33%
CDRE	F	-0.32%
ANNX	D	-0.31%
QUIK	D	-0.31%
MTRN	F	-0.31%
LSEA	F	-0.3%
FULC	D	-0.3%
BWMN	D	-0.3%
APLT	D	-0.28%
KOD	D	-0.27%
OCUL	D	-0.26%
AQST	D	-0.23%
IRON	F	-0.22%
FATE	F	-0.2%
LYRA	F	-0.02%