SPGM vs. FDVV ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Fidelity Core Dividend ETF (FDVV)

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

$64.66

Average Daily Volume

43,996

Number of Holdings ^*

1001

* may have additional holdings in another (foreign) market

FDVV

Fidelity Core Dividend ETF

FDVV Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity Core Dividend Index and in depository receipts representing securities included in the index. The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends.

Grade (RS Rating)

Last Trade

$50.52

Average Daily Volume

403,547

Number of Holdings ^*

92

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	FDVV
30 Days	4.41%	3.13%
60 Days	11.77%	9.86%
90 Days	4.41%	7.40%
12 Months	32.74%	37.61%

72 Overlapping Holdings

	Symbol	Grade	Weight in SPGM	Weight in FDVV	Overlap
	AAPL	C	3.74%	5.7%	3.74%
	ABBV	C	0.19%	0.75%	0.19%
	ABBV	C	0.42%	0.75%	0.42%
	AEP	C	0.16%	1.44%	0.16%
	AMGN	D	0.23%	0.53%	0.23%
	AVGO	B	0.9%	2.09%	0.9%
	BAC	B	0.44%	0.61%	0.44%
	BMY	A	0.12%	0.49%	0.12%
	BX	C	0.05%	0.47%	0.05%
	C	B	0.23%	0.44%	0.23%
	CAT	A	0.3%	1.61%	0.3%
	CMCSA	B	0.17%	0.15%	0.15%
	CME	A	0.09%	0.39%	0.09%
	COP	D	0.17%	1.13%	0.17%
	CSCO	A	0.33%	1.03%	0.33%
	CVS	D	0.14%	0.39%	0.14%
	CVX	B	0.31%	1.42%	0.31%
	DELL	C	0.02%	1.0%	0.02%
	DUK	C	0.1%	1.41%	0.1%
	DVN	F	0.01%	0.93%	0.01%
	EA	D	0.0%	0.11%	0.0%
	EIX	C	0.12%	1.39%	0.12%
	EOG	B	0.14%	1.17%	0.14%
	F	D	0.07%	0.2%	0.07%
	FOXA	B	0.05%	0.13%	0.05%
	GE	B	0.15%	1.71%	0.15%
	GEV	A	0.05%	0.58%	0.05%
	GILD	A	0.17%	0.5%	0.17%
	GM	D	0.08%	0.28%	0.08%
	GS	B	0.31%	0.54%	0.31%
	HD	A	0.55%	0.49%	0.49%
	HON	C	0.19%	1.28%	0.19%
	HPQ	B	0.11%	0.88%	0.11%
	IBM	A	0.29%	1.1%	0.29%
	JNJ	D	0.41%	0.73%	0.41%
	JPM	C	0.81%	0.94%	0.81%
	KMI	A	0.03%	1.29%	0.03%
	LMT	A	0.27%	1.56%	0.27%
	LOW	C	0.3%	0.34%	0.3%
	MCD	A	0.23%	0.35%	0.23%
	MO	D	0.08%	1.65%	0.08%
	MS	A	0.24%	0.48%	0.24%
	MSFT	D	3.41%	5.37%	3.41%
	NEE	C	0.27%	1.81%	0.27%
	NKE	D	0.21%	0.25%	0.21%
	NVDA	B	3.39%	5.7%	3.39%
	NWSA	D	0.01%	0.11%	0.01%
	PARA	F	0.02%	0.07%	0.02%
	PEP	F	0.27%	1.64%	0.27%
	PFE	D	0.2%	0.55%	0.2%
	PG	D	0.49%	2.09%	0.49%
	PLD	D	0.25%	1.06%	0.25%
	PM	D	0.2%	1.91%	0.2%
	PNC	C	0.15%	0.44%	0.15%
	PSA	C	0.23%	1.19%	0.23%
	QCOM	D	0.28%	1.1%	0.28%
	RTX	A	0.33%	1.6%	0.33%
	SBUX	B	0.2%	0.28%	0.2%
	SO	A	0.07%	1.52%	0.07%
	SPG	A	0.14%	1.15%	0.14%
	T	B	0.2%	0.18%	0.18%
	TJX	D	0.34%	0.33%	0.33%
	TXN	C	0.38%	1.17%	0.38%
	UNH	B	0.66%	0.91%	0.66%
	UNP	F	0.26%	1.23%	0.26%
	UPS	D	0.11%	1.1%	0.11%
	USB	C	0.11%	0.4%	0.11%
	V	B	0.61%	0.71%	0.61%
	VZ	C	0.15%	0.17%	0.15%
	WBA	F	0.01%	0.48%	0.01%
	WFC	B	0.32%	0.53%	0.32%
	XOM	A	0.65%	1.95%	0.65%

SPGM Overweight 929 Positions Relative to FDVV

	Symbol	Grade	Weight
	AMZN	C	1.95%
	META	A	1.45%
	GOOGL	B	1.04%
	GOOG	B	1.03%
	TSM	B	0.93%
	TSLA	C	0.81%
	LLY	D	0.81%
	BRK.A	B	0.7%
	COST	C	0.55%
	TMO	D	0.45%
	MA	A	0.41%
	CRM	B	0.41%
	WMT	A	0.39%
	ORCL	A	0.39%
	MRK	F	0.37%
	DHR	D	0.34%
	INTU	F	0.34%
	AXP	A	0.34%
	ADBE	F	0.34%
	LIN	C	0.34%
	ABT	C	0.33%
	KO	C	0.33%
	NFLX	A	0.32%
	TM	D	0.29%
	AMD	C	0.28%
	AMAT	C	0.28%
	CB	A	0.27%
	ACN	B	0.27%
	BKNG	B	0.26%
	NVS	D	0.25%
	DIS	D	0.25%
	AFL	A	0.25%
	SPGI	C	0.24%
	BABA	A	0.23%
	SONY	C	0.23%
	A	B	0.23%
	GD	C	0.23%
	MDT	C	0.23%
	CMI	A	0.23%
	ELV	F	0.22%
	WM	B	0.21%
	ADP	A	0.21%
	ETN	B	0.21%
	MCK	F	0.2%
	MET	A	0.2%
	ORLY	A	0.2%
	AMT	D	0.19%
	ROST	D	0.19%
	UL	D	0.19%
	SYK	C	0.19%
	TRV	B	0.19%
	DE	C	0.19%
	IBN	C	0.18%
	BK	A	0.18%
	EMR	B	0.18%
	TT	A	0.18%
	ADI	B	0.18%
	CSX	D	0.18%
	JCI	C	0.17%
	PGR	B	0.17%
	MPC	D	0.17%
	BDX	C	0.17%
	MMC	D	0.17%
	NOC	B	0.17%
	NSC	C	0.16%
	DFS	A	0.16%
	ISRG	C	0.16%
	TEL	D	0.16%
	FDX	F	0.16%
	INFY	B	0.16%
	PRU	B	0.15%
	ALL	A	0.15%
	PH	A	0.15%
	BSX	A	0.14%
	NOW	B	0.14%
	CNI	D	0.14%
	GLW	C	0.14%
	CEG	A	0.14%
	SCHW	D	0.14%
	CL	D	0.14%
	ECL	C	0.14%
	PEG	A	0.14%
	MUFG	D	0.14%
	CTSH	B	0.13%
	SYY	D	0.13%
	TD	B	0.13%
	KEYS	B	0.13%
	HSY	D	0.13%
	RDY	D	0.13%
	UBER	C	0.13%
	ITW	C	0.13%
	INTC	D	0.13%
	PYPL	A	0.13%
	FAST	C	0.12%
	MKC	C	0.12%
	CLX	C	0.12%
	COF	A	0.12%
	IR	A	0.12%
	REGN	D	0.12%
	TGT	C	0.12%
	EBAY	A	0.11%
	MELI	D	0.11%
	HES	D	0.11%
	VLO	F	0.11%
	MMM	C	0.11%
	MTB	A	0.11%
	YUM	C	0.11%
	KMB	D	0.11%
	NTAP	D	0.1%
	CMG	C	0.1%
	ZTS	C	0.1%
	ROIC	C	0.1%
	SHOP	B	0.1%
	BA	F	0.1%
	CHTR	D	0.09%
	CHT	C	0.09%
	CHRW	C	0.09%
	UMH	D	0.09%
	ADM	F	0.09%
	PDD	B	0.09%
	AZN	D	0.09%
	PANW	B	0.09%
	VALE	D	0.08%
	CTVA	A	0.08%
	APD	C	0.08%
	LYB	B	0.08%
	SJM	D	0.08%
	DEO	C	0.08%
	PPL	C	0.08%
	BLK	A	0.08%
	CI	D	0.08%
	BIIB	F	0.08%
	DD	C	0.08%
	K	B	0.07%
	NXRT	D	0.07%
	EXC	C	0.07%
	HPE	B	0.07%
	HDB	D	0.07%
	WMB	A	0.07%
	ANET	A	0.07%
	EL	D	0.07%
	SMFG	D	0.07%
	SLB	D	0.07%
	STX	C	0.07%
	WDC	C	0.07%
	CHD	D	0.07%
	LRCX	D	0.07%
	PLTR	A	0.07%
	TCOM	A	0.07%
	AON	A	0.07%
	VRTX	D	0.07%
	STT	A	0.07%
	FE	C	0.07%
	VGR	B	0.07%
	DOW	B	0.07%
	CRWD	D	0.07%
	UMC	D	0.07%
	MU	D	0.07%
	TSN	D	0.07%
	STLA	F	0.06%
	LYG	C	0.06%
	TMUS	A	0.06%
	EQR	C	0.06%
	WIT	C	0.06%
	MDLZ	D	0.06%
	GIS	C	0.06%
	BCS	B	0.06%
	BAX	D	0.06%
	DEA	D	0.06%
	FTV	C	0.06%
	JNPR	C	0.06%
	CDNS	D	0.06%
	MRO	B	0.06%
	PKX	D	0.06%
	CARR	A	0.06%
	NMR	F	0.05%
	VLTO	A	0.05%
	HAL	D	0.05%
	GOOD	A	0.05%
	BEN	F	0.05%
	TTD	A	0.05%
	FCX	B	0.05%
	OXY	D	0.05%
	DOC	C	0.05%
	E	C	0.05%
	KLAC	B	0.05%
	MOD	B	0.05%
	PSX	D	0.05%
	CAG	D	0.05%
	VRT	B	0.05%
	MFG	B	0.05%
	ITUB	D	0.05%
	LNTH	C	0.04%
	LW	D	0.04%
	YUMC	B	0.04%
	COIN	F	0.04%
	TPR	B	0.04%
	KB	D	0.04%
	SE	B	0.04%
	ALLE	A	0.04%
	AXON	A	0.04%
	TMDX	D	0.04%
	FI	A	0.04%
	MRVL	C	0.04%
	LVS	B	0.04%
	ABNB	D	0.04%
	SNPS	F	0.04%
	OTIS	A	0.04%
	NEM	C	0.04%
	DLTR	F	0.04%
	EQIX	C	0.04%
	SYF	A	0.04%
	SQ	D	0.03%
	IFF	D	0.03%
	LNW	F	0.03%
	SHG	D	0.03%
	AXNX	A	0.03%
	MSTR	B	0.03%
	BABA	A	0.03%
	APP	A	0.03%
	HOV	D	0.03%
	NU	D	0.03%
	RCL	B	0.03%
	NET	D	0.03%
	TAC	A	0.03%
	HCA	C	0.03%
	DASH	A	0.03%
	TBBK	A	0.03%
	BRSP	D	0.03%
	SNOW	F	0.03%
	PBR	B	0.03%
	BBD	C	0.03%
	HMC	D	0.03%
	MPWR	B	0.03%
	AA	B	0.03%
	LDOS	A	0.03%
	SHW	C	0.03%
	DX	D	0.03%
	BIDU	C	0.03%
	KVUE	C	0.03%
	VEEV	C	0.02%
	BLDR	C	0.02%
	NUE	D	0.02%
	TDG	A	0.02%
	ACEL	C	0.02%
	PINS	D	0.02%
	GRBK	C	0.02%
	GGB	B	0.02%
	RBLX	D	0.02%
	HUBS	D	0.02%
	MCO	D	0.02%
	TTGT	F	0.02%
	ZM	B	0.02%
	DYN	D	0.02%
	AIV	D	0.02%
	AZEK	D	0.02%
	LULU	D	0.02%
	ZS	F	0.02%
	SKY	C	0.02%
	AHH	F	0.02%
	CHCT	F	0.02%
	TEAM	D	0.02%
	CFG	C	0.02%
	WBD	F	0.02%
	MDB	D	0.02%
	URI	C	0.02%
	MOS	F	0.02%
	ABEV	B	0.02%
	CHX	C	0.02%
	FSLR	C	0.02%
	DKNG	C	0.02%
	CF	A	0.02%
	FICO	C	0.02%
	QTWO	B	0.02%
	WTTR	B	0.02%
	ADMA	A	0.02%
	GOLD	C	0.02%
	SMCI	F	0.02%
	CVNA	A	0.02%
	HIMS	C	0.02%
	ITCI	D	0.02%
	WDAY	D	0.02%
	BKR	B	0.02%
	IIPR	C	0.02%
	FTNT	A	0.02%
	FTI	B	0.02%
	MT	B	0.02%
	MRNA	F	0.02%
	DDOG	B	0.02%
	LI	C	0.02%
	GEHC	C	0.02%
	VERV	F	0.01%
	DT	B	0.01%
	VMEO	C	0.01%
	FATE	F	0.01%
	RLAY	F	0.01%
	EDIT	F	0.01%
	NR	F	0.01%
	M	D	0.01%
	WSR	C	0.01%
	SQM	D	0.01%
	LAZR	F	0.01%
	CMPR	F	0.01%
	JBI	F	0.01%
	VICR	C	0.01%
	CCO	C	0.01%
	LASR	F	0.01%
	GTLB	D	0.01%
	BZ	C	0.01%
	CHPT	F	0.01%
	USLM	C	0.01%
	ACMR	D	0.01%
	FLNC	C	0.01%
	JELD	D	0.01%
	PIXY	F	0.01%
	OGN	F	0.01%
	CDE	C	0.01%
	DXC	C	0.01%
	QS	F	0.01%
	AUPH	C	0.01%
	GATO	B	0.01%
	PTEN	F	0.01%
	CCB	B	0.01%
	PACB	D	0.01%
	KOP	F	0.01%
	ITRI	C	0.01%
	VKTX	C	0.01%
	COHR	B	0.01%
	OPEN	F	0.01%
	LCID	F	0.01%
	IDXX	D	0.01%
	PACK	F	0.01%
	NOV	F	0.01%
	LIND	C	0.01%
	GNRC	B	0.01%
	BTU	B	0.01%
	PNR	C	0.01%
	KYMR	D	0.01%
	BLFS	D	0.01%
	TGI	F	0.01%
	EXPI	C	0.01%
	IMVT	D	0.01%
	DLR	C	0.01%
	BCRX	D	0.01%
	EVH	D	0.01%
	KD	D	0.01%
	FBK	B	0.01%
	FRO	B	0.01%
	RLX	D	0.01%
	BOOT	B	0.01%
	SLP	F	0.01%
	AMSC	C	0.01%
	SMAR	A	0.01%
	MCB	B	0.01%
	JKS	C	0.01%
	DOCS	A	0.01%
	PCH	C	0.01%
	ALEX	D	0.01%
	XPO	F	0.01%
	PAY	D	0.01%
	IDYA	F	0.01%
	ASPN	C	0.01%
	UPST	C	0.01%
	PEN	D	0.01%
	MDGL	F	0.01%
	BLBD	D	0.01%
	PHI	B	0.01%
	ULH	B	0.01%
	RUN	D	0.01%
	W	C	0.01%
	RCUS	D	0.01%
	CLSK	F	0.01%
	CELH	F	0.01%
	CENX	C	0.01%
	YETI	C	0.01%
	MGNI	D	0.01%
	PRTA	F	0.01%
	CASH	C	0.01%
	OMI	F	0.01%
	DQ	C	0.01%
	NXPI	F	0.01%
	OSW	B	0.01%
	PTCT	C	0.01%
	SRPT	F	0.01%
	BBWI	F	0.01%
	EFC	D	0.01%
	CLNE	C	0.01%
	PTON	C	0.01%
	PNTG	C	0.01%
	TTI	D	0.01%
	MCRI	B	0.01%
	ALGN	D	0.01%
	AGNC	B	0.01%
	LUMN	C	0.01%
	U	D	0.01%
	BGNE	A	0.01%
	CYH	C	0.01%
	GSAT	F	0.01%
	LWLG	F	0.01%
	CLDX	F	0.01%
	DOCU	A	0.01%
	RNA	B	0.01%
	INMD	F	0.01%
	CZR	B	0.01%
	VSTO	B	0.01%
	COLL	A	0.01%
	HASI	B	0.01%
	ADSK	B	0.01%
	TWLO	B	0.01%
	RVLV	C	0.01%
	PHR	F	0.01%
	NBR	D	0.01%
	LOB	B	0.01%
	ALNY	C	0.01%
	FUTU	A	0.01%
	AAON	A	0.01%
	MARA	F	0.01%
	SOFI	C	0.01%
	FOUR	A	0.01%
	Z	C	0.01%
	TREX	D	0.01%
	BZH	C	0.01%
	INTA	C	0.01%
	SEMR	C	0.01%
	DH	F	0.01%
	CPRX	C	0.01%
	SQ	D	0.01%
	MNDY	B	0.01%
	OKTA	F	0.01%
	EXPE	B	0.01%
	AUR	C	0.01%
	ALB	D	0.01%
	SDGR	F	0.01%
	RDNT	C	0.01%
	MRC	D	0.01%
	ROKU	C	0.01%
	BHF	D	0.01%
	GME	D	0.01%
	CLDT	D	0.01%
	CLBT	B	0.01%
	LBRDK	C	0.01%
	THR	F	0.01%
	HSTM	B	0.01%
	MBIN	C	0.01%
	CROX	C	0.01%
	GMS	B	0.01%
	AES	C	0.01%
	ARWR	F	0.01%
	ENS	B	0.01%
	EXAS	C	0.01%
	PBF	F	0.01%
	TWST	D	0.01%
	TDOC	D	0.01%
	SID	D	0.01%
	RDFN	C	0.01%
	FIS	A	0.01%
	APA	F	0.01%
	EPAM	F	0.01%
	AKRO	D	0.01%
	AKO.A	D	0.01%
	CCS	C	0.01%
	TME	B	0.01%
	FLNG	B	0.01%
	VNT	F	0.01%
	RKLB	B	0.01%
	DVAX	F	0.01%
	ERJ	C	0.01%
	TOST	B	0.01%
	RIVN	F	0.01%
	SCCO	B	0.01%
	VERX	B	0.01%
	GERN	D	0.01%
	SNAP	D	0.01%
	TREE	C	0.01%
	POWL	B	0.01%
	XPEV	C	0.01%
	ILMN	B	0.01%
	ZETA	B	0.01%
	VTRS	D	0.01%
	MATX	C	0.01%
	KEX	C	0.01%
	KOS	F	0.01%
	ORA	C	0.01%
	BBIO	F	0.01%
	PLAY	D	0.01%
	IMXI	F	0.01%
	BEKE	A	0.01%
	APH	D	0.01%
	TGTX	D	0.01%
	MHO	C	0.01%
	ABR	C	0.01%
	MTDR	D	0.01%
	CNH	C	0.01%
	DDD	D	0.01%
	COMP	C	0.01%
	RYTM	C	0.01%
	AFRM	C	0.01%
	SOLV	C	0.01%
	KSS	D	0.01%
	PLMR	A	0.01%
	NIO	C	0.01%
	EPRT	C	0.01%
	ENPH	F	0.01%
	VIPS	B	0.01%
	GMRE	C	0.01%
	ALLY	F	0.01%
	TEVA	D	0.01%
	AGYS	D	0.01%
	INSP	C	0.01%
	ON	F	0.01%
	TAL	C	0.01%
	DXCM	F	0.01%
	ICE	A	0.01%
	OII	D	0.01%
	CCL	C	0.01%
	KRYS	D	0.0%
	XPEV	C	0.0%
	LI	C	0.0%
	SMWB	C	0.0%
	SCLX	F	0.0%
	JOBY	C	0.0%
	JAMF	F	0.0%
	OEC	F	0.0%
	AGL	F	0.0%
	MP	C	0.0%
	TH	F	0.0%
	BMBL	F	0.0%
	FLWS	F	0.0%
	CRCT	C	0.0%
	CGEM	F	0.0%
	DAN	D	0.0%
	FNA	F	0.0%
	WOLF	F	0.0%
	OVV	D	0.0%
	ZEUS	F	0.0%
	BOC	D	0.0%
	MLCO	C	0.0%
	SNCY	F	0.0%
	TPB	C	0.0%
	DENN	D	0.0%
	SPRY	C	0.0%
	KE	F	0.0%
	MLNK	F	0.0%
	SHEN	F	0.0%
	PKST	D	0.0%
	ASTH	B	0.0%
	PRVA	F	0.0%
	HDSN	F	0.0%
	LGIH	C	0.0%
	KRNT	A	0.0%
	LSCC	D	0.0%
	MXL	D	0.0%
	MNSO	C	0.0%
	OLO	F	0.0%
	FLGT	F	0.0%
	EYE	F	0.0%
	TMCI	F	0.0%
	SAGE	F	0.0%
	DJT	F	0.0%
	PUMP	D	0.0%
	ORLA	B	0.0%
	VIR	F	0.0%
	CEVA	B	0.0%
	PD	F	0.0%
	CTKB	F	0.0%
	FSBC	C	0.0%
	MGPI	F	0.0%
	ITOS	F	0.0%
	CHRD	F	0.0%
	PFC	D	0.0%
	GRPN	F	0.0%
	PARR	F	0.0%
	REPL	C	0.0%
	FIGS	C	0.0%
	OLPX	C	0.0%
	MRVI	F	0.0%
	RGNX	F	0.0%
	SEDG	F	0.0%
	IRTC	F	0.0%
	APTV	D	0.0%
	CRSR	D	0.0%
	RENB	F	0.0%
	GOGO	F	0.0%
	ZUO	F	0.0%
	BVN	D	0.0%
	XPOF	F	0.0%
	MDXG	F	0.0%
	HAE	F	0.0%
	HE	F	0.0%
	ATEC	F	0.0%
	KRUS	D	0.0%
	ETNB	F	0.0%
	CNDT	B	0.0%
	NABL	F	0.0%
	SWBI	F	0.0%
	HOG	D	0.0%
	ICHR	D	0.0%
	ELVN	A	0.0%
	CAR	D	0.0%
	BROS	F	0.0%
	MAT	B	0.0%
	GDS	B	0.0%
	HUMA	F	0.0%
	MAX	C	0.0%
	NCNO	F	0.0%
	RIG	F	0.0%
	LPRO	D	0.0%
	LYEL	F	0.0%
	APPN	C	0.0%
	SAVA	D	0.0%
	CECO	D	0.0%
	QFIN	A	0.0%
	CXM	F	0.0%
	APLS	F	0.0%
	SGRY	C	0.0%
	OLMA	F	0.0%
	LAND	D	0.0%
	CEIX	B	0.0%
	CUBI	F	0.0%
	MBAVU	C	0.0%
	COTY	F	0.0%
	DNOW	F	0.0%
	IBP	C	0.0%
	LMND	F	0.0%
	PDFS	F	0.0%
	HURN	D	0.0%
	SM	D	0.0%
	THO	C	0.0%
	XHR	A	0.0%
	NARI	F	0.0%
	THRM	F	0.0%
	SVC	D	0.0%
	NEXT	F	0.0%
	TLRY	F	0.0%
	NMIH	B	0.0%
	LESL	F	0.0%
	QTRX	F	0.0%
	ULCC	C	0.0%
	PUBM	F	0.0%
	ATEN	B	0.0%
	IDT	C	0.0%
	CALX	C	0.0%
	PRO	F	0.0%
	DGII	B	0.0%
	SHLS	F	0.0%
	RXST	F	0.0%
	SHC	C	0.0%
	GKOS	B	0.0%
	ENIC	D	0.0%
	ADUS	D	0.0%
	TASK	F	0.0%
	ESTA	D	0.0%
	GH	F	0.0%
	LILAK	D	0.0%
	UVV	D	0.0%
	HAYN	B	0.0%
	AOSL	D	0.0%
	ATRO	D	0.0%
	KRNY	C	0.0%
	EB	F	0.0%
	CLF	D	0.0%
	XPRO	F	0.0%
	S	C	0.0%
	MQ	F	0.0%
	SIBN	F	0.0%
	UCTT	D	0.0%
	MERC	D	0.0%
	CHEF	C	0.0%
	DBI	F	0.0%
	SOUN	F	0.0%
	YMAB	C	0.0%
	PENN	D	0.0%
	CFLT	F	0.0%
	HRI	B	0.0%
	FVRR	D	0.0%
	HAYW	C	0.0%
	FDMT	F	0.0%
	ARLO	F	0.0%
	SABR	C	0.0%
	AMRC	C	0.0%
	ALHC	C	0.0%
	FIVN	F	0.0%
	IOVA	D	0.0%
	TITN	F	0.0%
	VNET	B	0.0%
	RRC	D	0.0%
	ARQT	D	0.0%
	MNTK	D	0.0%
	FIZZ	F	0.0%
	EGBN	C	0.0%
	SITM	A	0.0%
	EYPT	F	0.0%
	GLBE	C	0.0%
	IAS	F	0.0%
	VCYT	C	0.0%
	ENVA	B	0.0%
	YOU	C	0.0%
	SKE	C	0.0%
	ORIC	F	0.0%
	BHB	D	0.0%
	NVCR	F	0.0%
	EMBC	F	0.0%
	STAA	D	0.0%
	AR	C	0.0%
	NNDM	C	0.0%
	FRSH	F	0.0%
	METC	D	0.0%
	CYTK	D	0.0%
	DHI	C	0.0%
	VSCO	C	0.0%
	NVRI	D	0.0%
	VZIO	A	0.0%
	NEOG	F	0.0%
	CYRX	F	0.0%
	IIIV	D	0.0%
	WGO	D	0.0%
	STOK	D	0.0%
	HL	C	0.0%
	ZI	F	0.0%
	AMRK	C	0.0%
	YY	C	0.0%
	MTW	F	0.0%
	BIGC	F	0.0%
	OSPN	D	0.0%
	BRBR	A	0.0%
	SIGA	F	0.0%
	HTHT	B	0.0%
	AX	D	0.0%
	ARRY	F	0.0%
	ALT	F	0.0%
	ATHM	B	0.0%
	ARDX	D	0.0%
	FSLY	D	0.0%
	GRAB	C	0.0%
	LXRX	F	0.0%
	CDMO	D	0.0%
	AVNS	D	0.0%
	SQSP	A	0.0%
	AMC	F	0.0%
	RVNC	F	0.0%
	GNK	D	0.0%
	NX	F	0.0%
	BEAM	F	0.0%
	BXC	D	0.0%
	LMB	B	0.0%
	NTRA	A	0.0%
	RVMD	B	0.0%
	CRMT	F	0.0%
	PODD	C	0.0%
	JANX	C	0.0%
	FC	C	0.0%
	GXO	D	0.0%
	FROG	F	0.0%
	CNC	F	0.0%
	APPF	C	0.0%
	INDI	F	0.0%
	EWCZ	F	0.0%
	TRUP	B	0.0%
	UNIT	B	0.0%
	CDNA	B	0.0%
	ADNT	F	0.0%
	DIN	D	0.0%
	GDOT	C	0.0%
	QNST	C	0.0%
	PCVX	C	0.0%
	CCBG	D	0.0%
	UEC	C	0.0%
	IAG	C	0.0%
	YEXT	B	0.0%
	MEG	F	0.0%
	BRZE	F	0.0%
	SMR	C	0.0%
	WRBY	B	0.0%
	SNDX	F	0.0%
	INN	A	0.0%
	ESTC	F	0.0%
	ACHR	F	0.0%
	AXSM	D	0.0%
	FUBO	F	0.0%
	RKT	D	0.0%
	DHC	C	0.0%
	ATUS	C	0.0%
	ERAS	D	0.0%
	KIM	C	0.0%
	BURL	C	0.0%
	MOMO	B	0.0%
	WOOF	B	0.0%
	NTLA	F	0.0%
	ATKR	F	0.0%
	ELF	F	0.0%
	TNDM	D	0.0%
	DUOL	B	0.0%
	TTWO	D	0.0%
	WULF	C	0.0%
	PL	D	0.0%
	NUVB	F	0.0%
	GDRX	F	0.0%
	LYFT	D	0.0%
	REZI	D	0.0%
	UWMC	D	0.0%
	CSTL	B	0.0%
	SAM	D	0.0%
	XMTR	F	0.0%
	UPWK	D	0.0%
	VVI	B	0.0%
	TUYA	C	0.0%
	TRNS	D	0.0%
	HST	D	0.0%
	TELL	B	0.0%
	RNG	F	0.0%
	SANA	F	0.0%
	PCG	C	0.0%
	KHC	F	0.0%
	DFH	C	0.0%
	CASS	F	0.0%
	PAR	D	0.0%
	AMPS	F	0.0%
	NCLH	C	0.0%
	INSW	B	0.0%
	DCO	B	0.0%
	RXRX	F	0.0%
	PLPC	D	0.0%
	KC	C	0.0%
	MTCH	B	0.0%
	IBUY	A	0.0%
	SPT	F	0.0%
	ETSY	F	0.0%
	VRNS	B	0.0%
	ARVN	F	0.0%
	KLG	F	0.0%
	ALEC	F	0.0%
	PFSI	C	0.0%
	ENFN	C	0.0%
	CLOV	B	0.0%
	IIIN	F	0.0%
	LSPD	C	0.0%
	TXG	F	0.0%
	ARCT	D	0.0%
	MNMD	F	0.0%
	VPG	F	0.0%
	REPX	C	0.0%
	RLJ	D	0.0%
	LEU	A	0.0%
	ACVA	C	0.0%
	NSSC	F	0.0%
	ANF	D	0.0%
	EQT	C	0.0%
	CERT	F	0.0%
	CSGP	F	0.0%
	NUVL	B	0.0%
	TIGR	A	0.0%
	PRG	C	0.0%
	HSII	D	0.0%
	HCP	A	0.0%
	PGC	B	0.0%
	OSCR	C	0.0%
	SPR	D	0.0%
	KEP	F	0.0%
	RAMP	F	0.0%
	ASAN	F	0.0%
	CIG	C	0.0%
	IQ	D	0.0%
	CHGX	A	0.0%
	DOCN	B	0.0%
	RCKT	F	0.0%
	RPAY	F	0.0%
	LC	D	0.0%
	SITE	D	0.0%
	HEES	D	0.0%
	FLYW	F	0.0%
	BLND	C	0.0%
	ACLS	F	0.0%
	PTGX	C	0.0%
	BJRI	B	0.0%
	CIFR	C	0.0%
	DMRC	D	0.0%
	PRCT	D	0.0%
	RGEN	F	0.0%
	CARS	F	0.0%
	GPN	F	0.0%
	CC	D	0.0%
	AMG	B	0.0%
	CIB	D	0.0%
	VRDN	B	0.0%
	NVT	C	0.0%
	WRLD	F	0.0%
	EXTR	D	0.0%
	PATH	D	0.0%
	EVRI	A	0.0%
	PETQ	A	0.0%
	BASE	F	0.0%
	CTLP	B	0.0%
	HUYA	B	0.0%
	VITL	C	0.0%
	NVAX	C	0.0%
	NEO	F	0.0%
	BYND	D	0.0%
	SONO	F	0.0%
	WIX	D	0.0%
	DRH	B	0.0%
	PLAB	D	0.0%
	BE	F	0.0%
	ROCK	D	0.0%
	ZLAB	C	0.0%
	NPAB	D	0.0%
	WEAV	B	0.0%
	AI	D	0.0%
	PHAT	C	0.0%
	NRIX	D	0.0%
	ALLO	D	0.0%
	PLUG	D	0.0%
	ODFL	F	0.0%
	PCT	C	0.0%
	REG	C	0.0%
	SRRK	F	0.0%
	BILL	D	0.0%
	ALKT	D	0.0%
	GDYN	B	0.0%
	MITK	F	0.0%
	AAOI	C	0.0%
	BILI	B	0.0%
	ENVX	D	0.0%
	RIOT	F	0.0%
	NOVA	F	0.0%
	ELAN	D	0.0%
	AMR	F	0.0%
	KREF	C	0.0%
	LEGH	D	0.0%
	APLD	C	0.0%

SPGM Underweight 21 Positions Relative to FDVV

	Symbol	Grade	Weight
	TRGP	A	-1.68%
	D	A	-1.37%
	ES	D	-1.3%
	OHI	C	-1.21%
	ACI	F	-1.05%
	PCAR	D	-1.03%
	CCI	D	-1.01%
	VICI	C	-0.99%
	GLPI	C	-0.98%
	WY	C	-0.92%
	WPC	C	-0.9%
	TFC	D	-0.4%
	DKS	D	-0.28%
	BBY	C	-0.28%
	MAR	A	-0.25%
	TKO	A	-0.14%
	OMC	C	-0.12%
	NYT	C	-0.11%
	IPG	D	-0.1%
	NXST	D	-0.09%
	WMG	D	-0.08%

SPGM: Top Represented Industries & Keywords

Industries: Biotechnology Software - Application Software - Infrastructure Information Technology Services Medical Devices Semiconductors Diagnostics & Research Oil & Gas E&P Internet Content & Information Specialty Retail Aerospace & Defense Credit Services Banks - Regional - US Diversified Industrials Telecom Services Oil & Gas Equipment & Services Auto Manufacturers Capital Markets Medical Instruments & Supplies Building Materials

Keywords: S&P 500 Nasdaq 100 Computing Medicine Biopharmaceutical Natural Gas Biotechnology Banking Bank Cancer Telecommunications Cloud Computing Life Sciences Electricity Mining Semiconductor Real Estate Investment Trust Transport Dow Jones Component E Commerce

FDVV: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Utilities - Regulated Electric Banks - Global REIT - Diversified Semiconductors Banks - Regional - US Broadcasting - TV Oil & Gas E&P Advertising Agencies Aerospace & Defense Auto Manufacturers Capital Markets Computer Systems Entertainment Health Care Plans Home Improvement Stores Oil & Gas Integrated Oil & Gas Midstream REIT - Industrial Restaurants

Keywords: S&P 500 Dow Jones Component Nasdaq 100 Natural Gas Telecommunications Computing Bank Crude Oil Electricity Banking Real Estate Investment Trust Broadband Cash Management Investment Bank Natural Gas Liquids Petroleum Industry Retail Store Wireless Communication Asset Management Services Clinic