SPGM vs. VEA ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Vanguard FTSE Developed Markets ETF (VEA)

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

$59.34

Average Daily Volume

38,919

Number of Holdings ^*

999

* may have additional holdings in another (foreign) market

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$49.97

Average Daily Volume

11,656,774

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	VEA
30 Days	0.13%	0.04%
60 Days	1.18%	0.58%
90 Days	4.79%	5.88%
12 Months	20.79%	11.44%

35 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in VEA	Overlap
ABBV	D	0.18%	0.29%	0.18%
ABBV	D	0.38%	0.29%	0.29%
BCS	A	0.06%	0.15%	0.06%
CALX	F	0.0%	0.0%	0.0%
CHGX	C	0.0%	0.0%	0.0%
CNI	D	0.16%	0.32%	0.16%
DEO	D	0.08%	0.35%	0.08%
E	C	0.06%	0.14%	0.06%
FLNG	C	0.01%	0.0%	0.0%
GOLD	B	0.02%	0.12%	0.02%
HMC	D	0.04%	0.25%	0.04%
IAG	B	0.0%	0.01%	0.0%
KB	B	0.04%	0.08%	0.04%
KEP	D	0.0%	0.02%	0.0%
LSPD	F	0.0%	0.01%	0.0%
LYG	A	0.05%	0.18%	0.05%
MFG	D	0.06%	0.21%	0.06%
MUFG	D	0.16%	0.48%	0.16%
NMR	D	0.05%	0.08%	0.05%
NNVC	A	0.0%	0.0%	0.0%
NVS	B	0.23%	0.85%	0.23%
PIXY	F	0.0%	0.01%	0.0%
RENB	F	0.0%	0.0%	0.0%
SHG	B	0.02%	0.07%	0.02%
SHOP	F	0.11%	0.38%	0.11%
SMFG	D	0.07%	0.31%	0.07%
SONY	F	0.2%	0.45%	0.2%
STLA	D	0.09%	0.26%	0.09%
TAC	C	0.02%	0.01%	0.01%
TD	F	0.14%	0.45%	0.14%
TM	D	0.37%	1.28%	0.37%
UL	A	0.16%	0.53%	0.16%
VGR	D	0.06%	0.0%	0.0%
VGR	D	0.0%	0.0%	0.0%
VMAR	D	0.0%	0.0%	0.0%

SPGM Overweight 964 Positions Relative to VEA

Symbol	Grade	Weight
MSFT	C	3.56%
AAPL	B	3.24%
NVDA	B	2.67%
AMZN	A	2.08%
META	D	1.24%
GOOG	B	1.19%
GOOGL	B	1.16%
TSM	B	0.84%
JPM	B	0.82%
AVGO	C	0.79%
LLY	C	0.76%
BRK.A	D	0.68%
V	C	0.67%
TSLA	D	0.66%
UNH	C	0.63%
XOM	B	0.58%
COST	B	0.53%
HD	D	0.52%
PG	A	0.51%
MRK	B	0.47%
TMO	D	0.47%
CRM	D	0.46%
BAC	B	0.46%
MA	D	0.42%
JNJ	F	0.41%
CVX	B	0.4%
TXN	A	0.38%
INTU	D	0.38%
WFC	A	0.38%
ABT	F	0.37%
AMAT	C	0.35%
ADBE	D	0.35%
CSCO	D	0.33%
AXP	A	0.33%
DHR	C	0.33%
DIS	D	0.32%
KO	A	0.32%
LIN	D	0.32%
WMT	C	0.32%
QCOM	B	0.31%
RTX	A	0.31%
ORCL	D	0.31%
PEP	B	0.31%
CAT	D	0.3%
AMD	D	0.3%
GS	A	0.3%
TJX	C	0.3%
UNP	C	0.29%
LOW	D	0.29%
CB	C	0.29%
NFLX	C	0.28%
C	A	0.26%
ACN	D	0.26%
GD	A	0.25%
NKE	D	0.25%
ELV	A	0.25%
WM	B	0.24%
MS	A	0.24%
MCK	B	0.24%
LMT	A	0.24%
BKNG	B	0.24%
A	C	0.24%
NEE	B	0.24%
IBM	D	0.24%
PLD	D	0.23%
MPC	D	0.23%
CMI	B	0.23%
MCD	F	0.23%
COP	C	0.23%
MDT	D	0.23%
ETN	A	0.23%
AFL	A	0.22%
AMGN	B	0.22%
SBUX	F	0.22%
ORLY	D	0.21%
ADP	D	0.21%
SPGI	C	0.21%
EMR	C	0.2%
PFE	D	0.2%
HON	C	0.2%
CSX	D	0.2%
DE	B	0.2%
TRV	D	0.19%
MET	C	0.19%
PSA	D	0.19%
INTC	F	0.19%
SYK	D	0.19%
ADI	A	0.18%
CVS	F	0.18%
T	B	0.18%
NOC	B	0.18%
EOG	B	0.18%
CMCSA	D	0.18%
ROST	D	0.18%
SCHW	A	0.18%
FDX	D	0.18%
BABA	C	0.18%
BDX	F	0.18%
PXD	B	0.17%
TEL	C	0.17%
NSC	D	0.17%
MMC	C	0.17%
PM	A	0.17%
IBN	B	0.17%
JCI	B	0.16%
AEP	A	0.16%
TT	A	0.16%
BK	A	0.16%
AMT	D	0.16%
DFS	C	0.16%
GE	A	0.15%
HES	B	0.15%
TGT	D	0.15%
VLO	D	0.15%
PH	B	0.15%
PRU	A	0.15%
PGR	A	0.15%
GILD	F	0.15%
ALL	B	0.15%
CL	A	0.14%
ECL	A	0.14%
INFY	D	0.14%
SYY	D	0.14%
ITW	D	0.14%
PNC	B	0.14%
HSY	B	0.14%
VZ	D	0.14%
CMG	A	0.13%
PYPL	C	0.13%
YUM	C	0.13%
IR	D	0.13%
BA	F	0.13%
SPG	C	0.13%
COF	B	0.13%
UBER	D	0.13%
BSX	B	0.13%
UPS	D	0.13%
KEYS	D	0.13%
RDY	C	0.13%
REGN	C	0.12%
MKC	B	0.12%
CTSH	D	0.12%
CLX	F	0.12%
BMY	F	0.12%
KMB	B	0.12%
PEG	A	0.12%
NOW	D	0.12%
FAST	D	0.12%
GLW	B	0.11%
EIX	A	0.11%
EL	F	0.11%
USB	D	0.11%
CEG	A	0.11%
PDD	B	0.1%
EBAY	D	0.1%
DUK	A	0.1%
MTB	A	0.1%
ADM	C	0.1%
AZN	A	0.1%
BIIB	C	0.1%
ISRG	D	0.09%
CRWD	C	0.09%
MU	B	0.09%
LRCX	D	0.09%
VALE	C	0.09%
LYB	C	0.09%
F	D	0.09%
SLB	F	0.09%
CHT	C	0.09%
ROIC	D	0.09%
NTAP	B	0.09%
PANW	B	0.09%
ZTS	D	0.09%
CI	D	0.09%
HPQ	C	0.09%
CME	C	0.09%
MRO	D	0.08%
CHTR	F	0.08%
DD	A	0.08%
WDC	B	0.08%
MO	A	0.08%
DLTR	F	0.08%
CTVA	B	0.08%
CHD	A	0.08%
SJM	F	0.08%
MMM	B	0.08%
MELI	B	0.08%
UMH	C	0.08%
GM	B	0.08%
DOW	C	0.08%
TSN	B	0.08%
STT	C	0.07%
SO	A	0.07%
APD	C	0.07%
PSX	D	0.07%
VRTX	C	0.07%
EXC	B	0.07%
FTV	D	0.07%
FE	A	0.07%
HAL	F	0.07%
BAX	F	0.07%
UMC	C	0.07%
OXY	C	0.07%
PKX	F	0.07%
BLK	D	0.07%
PPL	A	0.07%
ITUB	D	0.06%
CAG	B	0.06%
NXRT	B	0.06%
WIT	D	0.06%
CARR	A	0.06%
VRT	A	0.06%
EQR	A	0.06%
ABNB	D	0.06%
DEA	B	0.06%
BEN	F	0.06%
STX	C	0.06%
HPE	D	0.06%
TCOM	A	0.06%
GIS	C	0.06%
JNPR	D	0.06%
AON	F	0.06%
WMB	A	0.06%
CHRW	C	0.06%
MDLZ	B	0.06%
HDB	D	0.06%
BX	D	0.05%
DOC	A	0.05%
SNOW	F	0.05%
COIN	D	0.05%
PLTR	D	0.05%
SNPS	D	0.05%
LW	F	0.05%
TMUS	B	0.05%
SMCI	D	0.05%
ANET	C	0.05%
K	B	0.05%
KLAC	A	0.05%
FCX	B	0.05%
TPR	D	0.04%
GEV	C	0.04%
YUMC	F	0.04%
BBD	F	0.04%
BRSP	F	0.04%
ALLE	D	0.04%
NEM	B	0.04%
BIDU	C	0.04%
EQIX	F	0.04%
FOXA	B	0.04%
PBR	A	0.04%
LVS	D	0.04%
TTD	B	0.04%
OTIS	D	0.04%
MOD	A	0.04%
GOOD	A	0.04%
VLTO	A	0.04%
MRVL	D	0.04%
SYF	B	0.04%
MRNA	B	0.04%
LULU	F	0.03%
MOS	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	B	0.03%
AXNX	C	0.03%
TMDX	B	0.03%
LNW	D	0.03%
SE	B	0.03%
SHW	D	0.03%
DASH	D	0.03%
DDOG	D	0.03%
LDOS	A	0.03%
MDB	F	0.03%
DXCM	D	0.03%
CHCT	F	0.03%
SQ	D	0.03%
KVUE	C	0.03%
WBA	F	0.03%
NET	F	0.03%
AXON	B	0.03%
DX	C	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	D	0.02%
APP	B	0.02%
ACEL	C	0.02%
AIV	B	0.02%
MSTR	D	0.02%
SNAP	B	0.02%
ZM	F	0.02%
KSS	F	0.02%
HIMS	D	0.02%
ALLY	B	0.02%
CDNS	D	0.02%
CELH	D	0.02%
PINS	A	0.02%
CFG	A	0.02%
MTDR	D	0.02%
GGB	C	0.02%
URI	D	0.02%
IIPR	B	0.02%
AZEK	D	0.02%
TAL	B	0.02%
TBBK	D	0.02%
INSP	D	0.02%
KOS	D	0.02%
AHH	B	0.02%
PBF	D	0.02%
NUE	F	0.02%
ZS	F	0.02%
TTGT	F	0.02%
BABA	C	0.02%
WTTR	B	0.02%
WBD	F	0.02%
DVN	B	0.02%
PLAY	D	0.02%
PARA	C	0.02%
HOV	B	0.02%
HUBS	D	0.02%
FTNT	F	0.02%
ABEV	F	0.02%
CF	F	0.02%
IFF	A	0.02%
TEAM	F	0.02%
RCL	A	0.02%
BKR	D	0.02%
DKNG	D	0.02%
DELL	B	0.02%
HCA	D	0.02%
LNTH	B	0.02%
ITCI	C	0.02%
KMI	A	0.02%
QS	F	0.01%
CIB	C	0.01%
LIND	F	0.01%
DRH	F	0.01%
NVT	A	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	D	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	B	0.01%
CCO	D	0.01%
VPG	F	0.01%
MGNI	F	0.01%
PNR	C	0.01%
BLBD	C	0.01%
RPAY	B	0.01%
HEES	F	0.01%
FBK	B	0.01%
HCAT	F	0.01%
ITRI	A	0.01%
ZETA	B	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	F	0.01%
GPN	F	0.01%
DLR	D	0.01%
WRLD	B	0.01%
DXC	F	0.01%
OGN	B	0.01%
SONO	D	0.01%
LOB	D	0.01%
BILL	F	0.01%
ALEX	C	0.01%
CC	C	0.01%
LASR	C	0.01%
CMPR	D	0.01%
CASH	B	0.01%
OSW	B	0.01%
TDOC	F	0.01%
GTLB	F	0.01%
EVH	F	0.01%
Z	F	0.01%
FOUR	F	0.01%
INTA	D	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	D	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	D	0.01%
M	D	0.01%
RDNT	B	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	F	0.01%
ADSK	F	0.01%
COMP	D	0.01%
PATH	D	0.01%
ZTO	C	0.01%
PACK	B	0.01%
AMR	D	0.01%
RVLV	C	0.01%
TGTX	C	0.01%
PAY	D	0.01%
MCRI	D	0.01%
EFC	B	0.01%
RIOT	F	0.01%
AGNC	C	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	C	0.01%
XPEV	F	0.01%
ACMR	D	0.01%
ADMA	A	0.01%
ULH	A	0.01%
DOCU	B	0.01%
SOFI	F	0.01%
NXPI	A	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	B	0.01%
ERJ	B	0.01%
DQ	F	0.01%
SRRK	D	0.01%
KOP	F	0.01%
CCS	D	0.01%
EXPE	F	0.01%
EVBG	B	0.01%
MBIN	B	0.01%
PTEN	F	0.01%
MRC	D	0.01%
CROX	C	0.01%
GSAT	F	0.01%
AES	B	0.01%
FIS	C	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	D	0.01%
VERX	D	0.01%
CLDX	D	0.01%
RIVN	F	0.01%
MATX	B	0.01%
ATLC	F	0.01%
ALGN	F	0.01%
BEKE	B	0.01%
TOST	A	0.01%
RYTM	D	0.01%
GMS	C	0.01%
SQ	D	0.01%
ORA	C	0.01%
BHF	D	0.01%
CLDT	F	0.01%
THR	A	0.01%
NWSA	D	0.01%
NIO	C	0.01%
GERN	B	0.01%
ABR	B	0.01%
SWAV	A	0.01%
KEX	A	0.01%
AFRM	D	0.01%
EPRT	A	0.01%
GRBK	D	0.01%
BBWI	C	0.01%
DVAX	D	0.01%
AGYS	B	0.01%
CVNA	B	0.01%
ARWR	F	0.01%
ILMN	F	0.01%
OKTA	D	0.01%
SID	F	0.01%
PLMR	A	0.01%
TREX	D	0.01%
OMI	F	0.01%
TEVA	B	0.01%
ALB	C	0.01%
INBX	D	0.01%
GMRE	D	0.01%
VTRS	C	0.01%
BBIO	F	0.01%
CCL	F	0.01%
EPAM	D	0.01%
CLSK	D	0.01%
DYN	D	0.01%
SOLV	C	0.01%
VNT	D	0.01%
DCPH	A	0.01%
FICO	C	0.01%
RBLX	C	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%
MP	D	0.0%
WW	F	0.0%
ATUS	F	0.0%
FORR	F	0.0%
JAMF	B	0.0%
IHRT	D	0.0%
OLMA	F	0.0%
AGL	F	0.0%
CRCT	B	0.0%
OEC	B	0.0%
REPX	F	0.0%
MORF	F	0.0%
TPB	B	0.0%
FRGE	F	0.0%
TH	C	0.0%
FLWS	D	0.0%
EVC	C	0.0%
ZNTL	F	0.0%
ASTH	D	0.0%
BMBL	F	0.0%
TBI	F	0.0%
MLNK	F	0.0%
MLCO	D	0.0%
GDS	D	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	C	0.0%
BOC	F	0.0%
LGIH	F	0.0%
FSBC	D	0.0%
AMRC	C	0.0%
MVIS	F	0.0%
EDIT	F	0.0%
PKST	F	0.0%
FIGS	D	0.0%
KE	C	0.0%
PRVA	F	0.0%
GDOT	C	0.0%
CEVA	D	0.0%
SNCY	F	0.0%
FNA	F	0.0%
DENN	F	0.0%
PFC	B	0.0%
FLGT	F	0.0%
CGEM	B	0.0%
OVV	C	0.0%
OLO	F	0.0%
CABA	F	0.0%
LUMN	F	0.0%
TRUP	F	0.0%
ORLA	B	0.0%
QFIN	A	0.0%
BEAM	F	0.0%
ELVN	B	0.0%
MRVI	B	0.0%
MOFG	D	0.0%
MGPI	D	0.0%
COMM	F	0.0%
VIR	F	0.0%
AMC	F	0.0%
PDFS	F	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%
HOG	D	0.0%
SAVA	C	0.0%
BROS	C	0.0%
APTV	D	0.0%
MNSO	B	0.0%
GRPN	F	0.0%
SGRY	F	0.0%
SNPO	B	0.0%
MXL	D	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	D	0.0%
MAT	D	0.0%
NMIH	A	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	D	0.0%
SITM	C	0.0%
YOU	F	0.0%
ETNB	F	0.0%
HAE	B	0.0%
ADUS	A	0.0%
GOGO	C	0.0%
HURN	F	0.0%
BVN	B	0.0%
CRNC	F	0.0%
MODN	B	0.0%
GKOS	B	0.0%
NARI	F	0.0%
APPN	F	0.0%
SOUN	D	0.0%
XHR	D	0.0%
WOLF	F	0.0%
GH	D	0.0%
VCYT	F	0.0%
PDFS	F	0.0%
ICHR	D	0.0%
TMCI	F	0.0%
THO	D	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	C	0.0%
LMND	C	0.0%
IRTC	F	0.0%
CLOV	D	0.0%
KRUS	C	0.0%
ATRO	C	0.0%
DH	F	0.0%
TLRY	D	0.0%
THRM	D	0.0%
ME	F	0.0%
CRSR	F	0.0%
FUBO	F	0.0%
KNSA	B	0.0%
PARR	F	0.0%
DNOW	C	0.0%
SABR	D	0.0%
MNTK	F	0.0%
NVAX	F	0.0%
TASK	B	0.0%
SPCE	F	0.0%
CHEF	C	0.0%
VSCO	F	0.0%
FVRR	F	0.0%
COTY	F	0.0%
PCVX	C	0.0%
RIG	F	0.0%
ADPT	D	0.0%
ENVA	C	0.0%
UVV	B	0.0%
CCB	B	0.0%
S	D	0.0%
EMBC	F	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	B	0.0%
ALTG	D	0.0%
ULCC	D	0.0%
NVCR	D	0.0%
NVRI	D	0.0%
LUNG	D	0.0%
LCID	F	0.0%
RVNC	F	0.0%
DHI	D	0.0%
CXM	D	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	A	0.0%
ATHM	B	0.0%
NTRA	B	0.0%
GPRO	F	0.0%
RAPT	F	0.0%
SQSP	A	0.0%
FIZZ	D	0.0%
MQ	D	0.0%
LAZR	D	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%
PODD	C	0.0%
AMRK	B	0.0%
NNDM	F	0.0%
SHLS	F	0.0%
VZIO	D	0.0%
ATEC	F	0.0%
PL	F	0.0%
PUBM	B	0.0%
BRBR	C	0.0%
SEDG	F	0.0%
RVMD	B	0.0%
BURL	D	0.0%
SFIX	F	0.0%
CCBG	D	0.0%
BIGC	F	0.0%
GRAB	B	0.0%
MED	F	0.0%
WRBY	F	0.0%
ACHR	F	0.0%
RRC	B	0.0%
CLF	F	0.0%
ARDX	C	0.0%
PETQ	D	0.0%
YEXT	F	0.0%
PTGX	D	0.0%
MOMO	C	0.0%
AXSM	B	0.0%
IIIV	B	0.0%
WGO	D	0.0%
DBI	D	0.0%
UWMC	B	0.0%
HTHT	B	0.0%
KIM	C	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	B	0.0%
GXO	C	0.0%
FC	D	0.0%
CYTK	D	0.0%
INN	F	0.0%
CFLT	C	0.0%
NUVL	D	0.0%
STAA	D	0.0%
CNC	C	0.0%
FSM	B	0.0%
PTON	D	0.0%
BXC	D	0.0%
TNDM	B	0.0%
DUOL	B	0.0%
PRG	B	0.0%
PRCT	B	0.0%
GME	B	0.0%
PFSI	B	0.0%
EVRI	F	0.0%
LEU	C	0.0%
GNK	A	0.0%
DCO	B	0.0%
APPF	B	0.0%
TTWO	D	0.0%
PAR	B	0.0%
VRNS	D	0.0%
PCG	B	0.0%
TRNS	A	0.0%
MTCH	F	0.0%
SIGA	C	0.0%
ENVX	C	0.0%
TME	B	0.0%
MCFT	F	0.0%
TITN	F	0.0%
MTW	F	0.0%
TIGR	D	0.0%
DNA	F	0.0%
NX	D	0.0%
PLUG	F	0.0%
BYND	D	0.0%
EB	F	0.0%
HSII	C	0.0%
NCLH	F	0.0%
ZLAB	F	0.0%
BILI	B	0.0%
NTLA	F	0.0%
REZI	D	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	D	0.0%
DOCN	D	0.0%
TUYA	C	0.0%
GDRX	B	0.0%
EXTR	F	0.0%
DFH	F	0.0%
STEM	F	0.0%
WIRE	B	0.0%
GDYN	D	0.0%
VITL	A	0.0%
DMRC	F	0.0%
FRSH	F	0.0%
IAUX	F	0.0%
RUN	D	0.0%
SAM	D	0.0%
BCRX	D	0.0%
CHPT	D	0.0%
HST	D	0.0%
OPEN	F	0.0%
CRMT	D	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	F	0.0%
TIGO	B	0.0%
ENFN	B	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	C	0.0%
SGU	B	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%
AMG	D	0.0%
DIN	F	0.0%
SPR	D	0.0%
UPST	F	0.0%
CDE	B	0.0%
AUPH	F	0.0%
HUYA	B	0.0%
IBUY	D	0.0%
ASPN	A	0.0%
EA	F	0.0%
ESTC	B	0.0%
REG	F	0.0%
NSSC	B	0.0%
CYH	B	0.0%
LYFT	C	0.0%
ACLS	D	0.0%
RXRX	F	0.0%
CIFR	C	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	F	0.0%
EQT	B	0.0%
ETSY	F	0.0%
EXPI	C	0.0%
CARS	D	0.0%
VICR	F	0.0%
FLNC	C	0.0%
BJRI	D	0.0%
BLFS	B	0.0%
ARRY	F	0.0%
RLJ	F	0.0%
SMAR	D	0.0%
ODFL	F	0.0%
WSR	C	0.0%
DT	F	0.0%
AI	F	0.0%
MEG	B	0.0%
ALNY	D	0.0%

SPGM Underweight 26 Positions Relative to VEA

Symbol	Grade	Weight
WCN	C	-0.19%
FLUT	D	-0.15%
XRX	F	-0.06%
RBA	D	-0.06%
LOGI	D	-0.06%
QGEN	C	-0.04%
OTEX	F	-0.04%
AGCO	F	-0.03%
WFG	D	-0.03%
AEI	F	-0.02%
GOGL	A	-0.01%
HAFN	A	-0.01%
DOOO	C	-0.01%
LPL	D	-0.01%
PRMW	A	-0.01%
CTS	A	-0.0%
IONR	B	-0.0%
SLDB	D	-0.0%
GCBC	B	-0.0%
AUDC	F	-0.0%
SMMF	B	-0.0%
ELBM	F	-0.0%
MNTX	C	-0.0%
BWLP	B	-0.0%
SPNS	B	-0.0%
TRMD	B	-0.0%