SPSM vs. VIOG ETF Comparison

Comparison of SPDR Portfolio Small Cap ETF (SPSM) to Vanguard S&P Small-Cap 600 Growth ETF (VIOG)

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.84

Average Daily Volume

1,581,869

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

VIOG

Vanguard S&P Small-Cap 600 Growth ETF

VIOG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Growth Index, which represents the growth companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$125.43

Average Daily Volume

30,462

Number of Holdings ^*

347

* may have additional holdings in another (foreign) market

Performance

Period	SPSM	VIOG
30 Days	6.50%	6.34%
60 Days	5.60%	5.18%
90 Days	6.02%	5.43%
12 Months	30.13%	31.46%

344 Overlapping Holdings

	Symbol	Grade	Weight in SPSM	Weight in VIOG	Overlap
	ABG	C	0.36%	0.34%	0.34%
	ACA	A	0.36%	0.4%	0.36%
	ACIW	B	0.41%	0.49%	0.41%
	ACLS	F	0.17%	0.5%	0.17%
	ADMA	B	0.32%	0.69%	0.32%
	ADUS	D	0.15%	0.15%	0.15%
	AEIS	C	0.29%	0.36%	0.29%
	AEO	F	0.23%	0.59%	0.23%
	AGO	B	0.32%	0.35%	0.32%
	AGYS	A	0.19%	0.36%	0.19%
	AHH	D	0.05%	0.05%	0.05%
	AIN	C	0.18%	0.2%	0.18%
	AIR	B	0.17%	0.24%	0.17%
	AL	B	0.36%	0.15%	0.15%
	ALG	B	0.14%	0.28%	0.14%
	ALKS	C	0.32%	0.43%	0.32%
	ALRM	C	0.21%	0.4%	0.21%
	AMBC	C	0.04%	0.08%	0.04%
	AMN	F	0.07%	0.13%	0.07%
	AMPH	F	0.12%	0.27%	0.12%
	AMR	C	0.19%	0.38%	0.19%
	AMSF	B	0.08%	0.06%	0.06%
	AMWD	C	0.11%	0.12%	0.11%
	ANDE	D	0.11%	0.13%	0.11%
	ANIP	F	0.06%	0.15%	0.06%
	AORT	B	0.07%	0.08%	0.07%
	APAM	B	0.23%	0.25%	0.23%
	APLE	B	0.25%	0.49%	0.25%
	APOG	C	0.13%	0.1%	0.1%
	ARCB	C	0.18%	0.38%	0.18%
	ARCH	B	0.21%	0.25%	0.21%
	ARI	C	0.08%	0.11%	0.08%
	ARLO	C	0.08%	0.18%	0.08%
	AROC	A	0.29%	0.5%	0.29%
	ASTH	F	0.12%	0.35%	0.12%
	ATEN	A	0.09%	0.07%	0.07%
	ATGE	B	0.23%	0.42%	0.23%
	ATI	C	0.5%	1.23%	0.5%
	AVAV	C	0.39%	0.83%	0.39%
	AWI	A	0.48%	0.85%	0.48%
	AWR	B	0.23%	0.24%	0.23%
	AX	B	0.31%	0.32%	0.31%
	AZZ	A	0.18%	0.36%	0.18%
	BANF	B	0.17%	0.19%	0.17%
	BCC	B	0.39%	0.81%	0.39%
	BCPC	B	0.41%	0.47%	0.41%
	BFS	C	0.03%	0.04%	0.03%
	BGC	C	0.29%	0.3%	0.29%
	BHLB	B	0.09%	0.08%	0.08%
	BKE	B	0.1%	0.12%	0.1%
	BL	B	0.21%	0.28%	0.21%
	BLFS	C	0.05%	0.08%	0.05%
	BLMN	F	0.07%	0.09%	0.07%
	BMI	B	0.45%	0.95%	0.45%
	BOH	B	0.22%	0.15%	0.15%
	BOOT	C	0.29%	0.75%	0.29%
	BOX	B	0.35%	0.43%	0.35%
	BRC	D	0.22%	0.32%	0.22%
	BSIG	A	0.06%	0.06%	0.06%
	BTU	B	0.24%	0.22%	0.22%
	CAKE	C	0.16%	0.13%	0.13%
	CALM	A	0.27%	0.45%	0.27%
	CALX	D	0.12%	0.16%	0.12%
	CARG	B	0.22%	0.39%	0.22%
	CARS	C	0.08%	0.15%	0.08%
	CASH	B	0.14%	0.24%	0.14%
	CATY	B	0.26%	0.21%	0.21%
	CCOI	B	0.24%	0.47%	0.24%
	CCS	D	0.17%	0.21%	0.17%
	CEIX	A	0.24%	0.41%	0.24%
	CERT	F	0.08%	0.11%	0.08%
	CEVA	B	0.05%	0.04%	0.04%
	CHCO	B	0.13%	0.15%	0.13%
	CLB	B	0.07%	0.06%	0.06%
	CNK	C	0.24%	0.44%	0.24%
	CNMD	C	0.15%	0.33%	0.15%
	CNS	B	0.19%	0.19%	0.19%
	COHU	C	0.08%	0.07%	0.07%
	COLL	F	0.07%	0.18%	0.07%
	CORT	B	0.35%	0.41%	0.35%
	CPK	A	0.21%	0.18%	0.18%
	CPRX	C	0.17%	0.33%	0.17%
	CRC	A	0.28%	0.54%	0.28%
	CRK	B	0.09%	0.08%	0.08%
	CRS	B	0.64%	1.17%	0.64%
	CRVL	B	0.23%	0.44%	0.23%
	CSGS	B	0.11%	0.1%	0.1%
	CSWI	B	0.48%	0.9%	0.48%
	CTRE	C	0.36%	0.44%	0.36%
	CTS	C	0.12%	0.12%	0.12%
	CUBI	B	0.11%	0.2%	0.11%
	CVCO	A	0.27%	0.52%	0.27%
	CVI	F	0.05%	0.06%	0.05%
	CWT	C	0.21%	0.19%	0.19%
	DFIN	D	0.11%	0.26%	0.11%
	DIOD	D	0.18%	0.27%	0.18%
	DOCN	C	0.16%	0.21%	0.16%
	DORM	B	0.26%	0.31%	0.26%
	DRH	B	0.13%	0.27%	0.13%
	DV	C	0.19%	0.35%	0.19%
	DVAX	C	0.1%	0.2%	0.1%
	EAT	A	0.39%	0.21%	0.21%
	EFC	C	0.08%	0.17%	0.08%
	ENR	B	0.16%	0.14%	0.14%
	ENV	B	0.23%	0.19%	0.19%
	EPAC	C	0.18%	0.22%	0.18%
	EPRT	B	0.42%	0.46%	0.42%
	ESE	B	0.27%	0.49%	0.27%
	ETD	C	0.05%	0.04%	0.04%
	ETSY	D	0.41%	0.41%	0.41%
	EVTC	B	0.16%	0.32%	0.16%
	EXPI	D	0.08%	0.18%	0.08%
	EXTR	C	0.14%	0.17%	0.14%
	FBP	C	0.24%	0.51%	0.24%
	FCF	B	0.14%	0.12%	0.12%
	FCPT	C	0.19%	0.18%	0.18%
	FELE	B	0.3%	0.61%	0.3%
	FIZZ	C	0.08%	0.09%	0.08%
	FORM	D	0.21%	0.52%	0.21%
	FOXF	F	0.1%	0.1%	0.1%
	FSS	B	0.39%	0.84%	0.39%
	FTDR	B	0.3%	0.54%	0.3%
	FUL	F	0.29%	0.31%	0.29%
	GDEN	B	0.05%	0.06%	0.05%
	GES	F	0.03%	0.08%	0.03%
	GFF	A	0.22%	0.29%	0.22%
	GKOS	B	0.54%	1.05%	0.54%
	GMS	B	0.28%	0.53%	0.28%
	GOGO	C	0.03%	0.03%	0.03%
	GPI	B	0.37%	0.74%	0.37%
	GRBK	D	0.15%	0.38%	0.15%
	GSHD	A	0.2%	0.32%	0.2%
	GTES	A	0.34%	0.2%	0.2%
	GTY	A	0.11%	0.1%	0.1%
	GVA	A	0.3%	0.26%	0.26%
	HAYN	A	0.06%	0.06%	0.06%
	HCC	B	0.25%	0.49%	0.25%
	HCI	C	0.07%	0.13%	0.07%
	HLIT	D	0.1%	0.13%	0.1%
	HLX	B	0.1%	0.23%	0.1%
	HNI	B	0.18%	0.22%	0.18%
	HP	C	0.24%	0.24%	0.24%
	HRMY	D	0.09%	0.08%	0.08%
	HSTM	B	0.05%	0.05%	0.05%
	HTLD	C	0.04%	0.04%	0.04%
	HWKN	B	0.17%	0.36%	0.17%
	IAC	F	0.24%	0.22%	0.22%
	IBP	D	0.34%	0.84%	0.34%
	IDCC	B	0.33%	0.53%	0.33%
	IIIN	C	0.04%	0.06%	0.04%
	IIPR	D	0.21%	0.31%	0.21%
	INN	D	0.05%	0.06%	0.05%
	INSP	D	0.37%	0.69%	0.37%
	INVA	D	0.07%	0.08%	0.07%
	IOSP	C	0.21%	0.26%	0.21%
	IPAR	B	0.16%	0.34%	0.16%
	IRWD	F	0.04%	0.05%	0.04%
	ITGR	B	0.32%	0.64%	0.32%
	ITRI	C	0.37%	0.35%	0.35%
	JACK	C	0.06%	0.13%	0.06%
	JBSS	F	0.05%	0.07%	0.05%
	JBT	B	0.27%	0.28%	0.27%
	JJSF	C	0.18%	0.39%	0.18%
	JOE	F	0.14%	0.33%	0.14%
	KFY	B	0.28%	0.34%	0.28%
	KLIC	B	0.18%	0.23%	0.18%
	KN	B	0.11%	0.1%	0.1%
	KOP	C	0.06%	0.06%	0.06%
	KRYS	C	0.32%	0.45%	0.32%
	KTB	B	0.32%	0.6%	0.32%
	KWR	C	0.16%	0.18%	0.16%
	LBRT	D	0.21%	0.46%	0.21%
	LCII	C	0.21%	0.28%	0.21%
	LGIH	F	0.15%	0.22%	0.15%
	LKFN	C	0.13%	0.12%	0.12%
	LMAT	A	0.15%	0.28%	0.15%
	LNN	B	0.1%	0.1%	0.1%
	LPG	F	0.07%	0.18%	0.07%
	LQDT	B	0.04%	0.07%	0.04%
	LRN	A	0.31%	0.53%	0.31%
	LTC	B	0.12%	0.1%	0.1%
	LZB	B	0.13%	0.14%	0.13%
	MARA	B	0.38%	0.7%	0.38%
	MATW	C	0.05%	0.07%	0.05%
	MATX	C	0.37%	0.7%	0.37%
	MC	C	0.37%	0.38%	0.37%
	MCRI	A	0.08%	0.15%	0.08%
	MCW	C	0.05%	0.04%	0.04%
	MGEE	B	0.27%	0.27%	0.27%
	MGPI	F	0.05%	0.1%	0.05%
	MGY	A	0.37%	0.68%	0.37%
	MHO	D	0.3%	0.69%	0.3%
	MLI	B	0.73%	1.24%	0.73%
	MMI	C	0.07%	0.06%	0.06%
	MMSI	A	0.43%	0.5%	0.43%
	MOG.A	B	0.45%	0.86%	0.45%
	MP	C	0.16%	0.13%	0.13%
	MRTN	D	0.07%	0.07%	0.07%
	MSEX	C	0.08%	0.08%	0.08%
	MSGS	A	0.26%	0.51%	0.26%
	MTH	D	0.46%	1.1%	0.46%
	MTRN	C	0.17%	0.34%	0.17%
	MTUS	C	0.04%	0.05%	0.04%
	MTX	B	0.18%	0.18%	0.18%
	MXL	C	0.08%	0.1%	0.08%
	MYE	F	0.03%	0.04%	0.03%
	MYGN	F	0.1%	0.18%	0.1%
	MYRG	B	0.17%	0.25%	0.17%
	NABL	F	0.05%	0.09%	0.05%
	NARI	C	0.18%	0.17%	0.17%
	NEO	C	0.14%	0.28%	0.14%
	NHC	C	0.11%	0.11%	0.11%
	NMIH	C	0.21%	0.31%	0.21%
	NOG	B	0.29%	0.52%	0.29%
	NPK	B	0.03%	0.02%	0.02%
	NPO	A	0.25%	0.23%	0.23%
	NSIT	F	0.3%	0.58%	0.3%
	NX	C	0.1%	0.13%	0.1%
	OFG	B	0.14%	0.31%	0.14%
	OII	B	0.2%	0.37%	0.2%
	OSIS	A	0.17%	0.35%	0.17%
	OTTR	C	0.24%	0.48%	0.24%
	OUT	A	0.18%	0.16%	0.16%
	OXM	F	0.08%	0.19%	0.08%
	PARR	F	0.07%	0.15%	0.07%
	PATK	C	0.21%	0.47%	0.21%
	PAYO	A	0.19%	0.11%	0.11%
	PBH	A	0.29%	0.25%	0.25%
	PDFS	C	0.07%	0.14%	0.07%
	PECO	A	0.34%	0.35%	0.34%
	PFBC	B	0.08%	0.15%	0.08%
	PGNY	F	0.08%	0.19%	0.08%
	PI	D	0.28%	0.5%	0.28%
	PIPR	A	0.38%	0.32%	0.32%
	PJT	A	0.26%	0.27%	0.26%
	PLAB	C	0.11%	0.16%	0.11%
	PLAY	D	0.08%	0.16%	0.08%
	PLMR	A	0.2%	0.37%	0.2%
	PLUS	F	0.15%	0.24%	0.15%
	PLXS	B	0.3%	0.24%	0.24%
	POWL	C	0.19%	0.31%	0.19%
	PRDO	B	0.12%	0.11%	0.11%
	PRG	C	0.14%	0.3%	0.14%
	PRGS	A	0.2%	0.42%	0.2%
	PRK	B	0.2%	0.15%	0.15%
	PRLB	B	0.07%	0.07%	0.07%
	PRVA	C	0.15%	0.28%	0.15%
	PTEN	C	0.21%	0.22%	0.21%
	PTGX	D	0.17%	0.28%	0.17%
	PZZA	F	0.11%	0.12%	0.11%
	RAMP	B	0.13%	0.24%	0.13%
	RCUS	F	0.06%	0.05%	0.05%
	RDN	D	0.36%	0.42%	0.36%
	RDNT	B	0.37%	0.66%	0.37%
	RES	D	0.03%	0.08%	0.03%
	REX	D	0.05%	0.11%	0.05%
	RGNX	D	0.03%	0.03%	0.03%
	ROCK	C	0.15%	0.31%	0.15%
	ROG	D	0.12%	0.19%	0.12%
	RUSHA	C	0.27%	0.22%	0.22%
	RWT	D	0.07%	0.15%	0.07%
	RXO	D	0.26%	0.26%	0.26%
	SABR	C	0.1%	0.11%	0.1%
	SBSI	C	0.07%	0.05%	0.05%
	SDGR	C	0.07%	0.08%	0.07%
	SEDG	F	0.04%	0.08%	0.04%
	SEE	C	0.36%	0.31%	0.31%
	SFBS	C	0.33%	0.27%	0.27%
	SHAK	C	0.33%	0.61%	0.33%
	SHEN	F	0.04%	0.1%	0.04%
	SHO	D	0.15%	0.31%	0.15%
	SHOO	F	0.22%	0.52%	0.22%
	SIG	B	0.3%	0.68%	0.3%
	SITM	B	0.27%	0.27%	0.27%
	SJW	F	0.12%	0.11%	0.11%
	SKT	A	0.28%	0.53%	0.28%
	SKYW	C	0.31%	0.27%	0.27%
	SLP	D	0.03%	0.05%	0.03%
	SM	B	0.36%	0.67%	0.36%
	SMPL	B	0.24%	0.29%	0.24%
	SMTC	B	0.24%	0.23%	0.23%
	SNCY	C	0.04%	0.03%	0.03%
	SPNT	B	0.1%	0.21%	0.1%
	SPSC	D	0.47%	1.06%	0.47%
	SSTK	F	0.05%	0.06%	0.05%
	STAA	F	0.09%	0.16%	0.09%
	STBA	B	0.11%	0.13%	0.11%
	STEP	C	0.29%	0.16%	0.16%
	STRA	C	0.17%	0.14%	0.14%
	SUPN	C	0.14%	0.1%	0.1%
	SWI	C	0.05%	0.05%	0.05%
	SXI	B	0.17%	0.32%	0.17%
	SXT	C	0.23%	0.22%	0.22%
	TBBK	B	0.19%	0.39%	0.19%
	TDS	B	0.22%	0.17%	0.17%
	TDW	F	0.18%	0.51%	0.18%
	TFIN	B	0.15%	0.26%	0.15%
	TGTX	B	0.28%	0.46%	0.28%
	THRM	F	0.09%	0.1%	0.09%
	TMDX	F	0.19%	0.76%	0.19%
	TNC	D	0.12%	0.27%	0.12%
	TNDM	D	0.13%	0.19%	0.13%
	TPH	D	0.28%	0.38%	0.28%
	TR	B	0.04%	0.05%	0.04%
	TRIP	F	0.11%	0.23%	0.11%
	TRN	B	0.22%	0.21%	0.21%
	TRUP	B	0.12%	0.1%	0.1%
	TTGT	B	0.05%	0.05%	0.05%
	UE	B	0.2%	0.23%	0.2%
	UFPT	C	0.14%	0.34%	0.14%
	UHT	D	0.04%	0.04%	0.04%
	UNF	B	0.21%	0.18%	0.18%
	UNIT	B	0.1%	0.11%	0.1%
	UPBD	B	0.11%	0.13%	0.11%
	URBN	C	0.16%	0.32%	0.16%
	USPH	B	0.1%	0.1%	0.1%
	UTL	B	0.07%	0.06%	0.06%
	VCEL	B	0.18%	0.31%	0.18%
	VECO	F	0.11%	0.28%	0.11%
	VICR	C	0.09%	0.08%	0.08%
	VRE	B	0.1%	0.09%	0.09%
	VRRM	F	0.27%	0.67%	0.27%
	VRTS	B	0.11%	0.13%	0.11%
	VSTS	C	0.11%	0.13%	0.11%
	VTLE	C	0.06%	0.05%	0.05%
	VVI	C	0.07%	0.11%	0.07%
	WABC	B	0.11%	0.12%	0.11%
	WD	D	0.24%	0.23%	0.23%
	WDFC	B	0.27%	0.51%	0.27%
	WGO	C	0.12%	0.14%	0.12%
	WHD	B	0.31%	0.36%	0.31%
	WOLF	F	0.06%	0.08%	0.06%
	WOR	F	0.09%	0.13%	0.09%
	WRLD	C	0.03%	0.06%	0.03%
	WS	C	0.11%	0.12%	0.11%
	WSFS	B	0.24%	0.2%	0.2%
	WSR	A	0.05%	0.04%	0.04%
	WT	A	0.1%	0.18%	0.1%
	XHR	B	0.11%	0.13%	0.11%
	XNCR	B	0.1%	0.1%	0.1%
	XPEL	B	0.07%	0.14%	0.07%
	YELP	C	0.17%	0.35%	0.17%
	YOU	D	0.17%	0.31%	0.17%
	ZWS	B	0.4%	0.32%	0.32%

SPSM Overweight 242 Positions Relative to VIOG

	Symbol	Grade	Weight
	CMA	B	0.64%
	LUMN	C	0.59%
	JXN	C	0.54%
	RHI	C	0.53%
	BBWI	C	0.5%
	ALK	B	0.47%
	VFC	C	0.46%
	COOP	B	0.45%
	LNC	C	0.42%
	DY	D	0.41%
	SLG	B	0.35%
	ABCB	B	0.32%
	ICUI	D	0.3%
	MAC	B	0.3%
	SANM	B	0.3%
	OGN	F	0.28%
	UCB	A	0.28%
	HIMS	B	0.28%
	REZI	A	0.27%
	AUB	B	0.27%
	MDU	D	0.27%
	FULT	A	0.27%
	SEM	B	0.27%
	GEO	B	0.26%
	NWL	C	0.26%
	DXC	B	0.25%
	CBU	B	0.25%
	HIW	C	0.24%
	ASO	F	0.24%
	FHB	B	0.24%
	ABM	B	0.24%
	HASI	D	0.23%
	GNW	A	0.23%
	CWK	C	0.23%
	AVA	A	0.22%
	INDB	B	0.22%
	SFNC	C	0.22%
	BKU	A	0.22%
	HUBG	A	0.22%
	BXMT	C	0.22%
	HBI	B	0.21%
	TGNA	B	0.21%
	WAFD	B	0.21%
	VIRT	A	0.21%
	SLVM	B	0.21%
	CVBF	A	0.21%
	PENN	C	0.21%
	DEI	B	0.21%
	SNEX	B	0.2%
	FFBC	B	0.2%
	PFS	B	0.2%
	ABR	C	0.2%
	SATS	D	0.2%
	VSCO	C	0.2%
	BFH	C	0.2%
	AKR	B	0.19%
	ENVA	B	0.19%
	PPBI	C	0.19%
	LXP	D	0.19%
	SBCF	B	0.18%
	ZD	B	0.18%
	BANR	B	0.18%
	MPW	F	0.18%
	VSTO	A	0.18%
	CXW	C	0.17%
	RNST	B	0.17%
	PINC	B	0.17%
	TTMI	C	0.17%
	AAP	D	0.17%
	WERN	C	0.17%
	KMT	B	0.16%
	PSMT	D	0.16%
	BANC	B	0.16%
	ROIC	A	0.16%
	RUN	F	0.16%
	HI	C	0.16%
	IBTX	B	0.16%
	CWEN	C	0.16%
	HAYW	B	0.16%
	NBTB	B	0.16%
	TRMK	C	0.16%
	PHIN	A	0.16%
	LGND	C	0.15%
	NATL	B	0.15%
	OMCL	C	0.15%
	B	A	0.15%
	KAR	B	0.15%
	CRGY	B	0.15%
	VIAV	C	0.15%
	JBLU	F	0.14%
	FBK	C	0.14%
	KSS	F	0.14%
	OI	C	0.14%
	MRCY	C	0.14%
	MCY	A	0.14%
	VYX	B	0.14%
	STC	B	0.14%
	GBX	A	0.14%
	NBHC	C	0.13%
	CABO	B	0.13%
	FL	F	0.13%
	NWBI	B	0.13%
	FBNC	B	0.13%
	HOPE	C	0.12%
	PDCO	F	0.12%
	WKC	C	0.12%
	CENTA	C	0.12%
	HMN	B	0.12%
	MLKN	F	0.12%
	NGVT	B	0.12%
	FTRE	D	0.12%
	BHE	C	0.12%
	EPC	F	0.12%
	ADNT	F	0.12%
	WWW	A	0.12%
	GO	C	0.12%
	PEB	D	0.11%
	HELE	C	0.11%
	IART	C	0.11%
	THS	D	0.11%
	SONO	C	0.11%
	DNOW	B	0.11%
	NTCT	C	0.11%
	LEG	F	0.11%
	UCTT	D	0.11%
	VBTX	B	0.11%
	SCL	C	0.11%
	NWN	A	0.11%
	UVV	B	0.1%
	SBH	C	0.1%
	ALEX	B	0.1%
	ELME	D	0.1%
	CHEF	A	0.1%
	TALO	C	0.1%
	TGI	B	0.1%
	SNDR	B	0.1%
	GNL	F	0.1%
	TILE	B	0.1%
	HTH	C	0.1%
	RC	D	0.09%
	MD	C	0.09%
	DCOM	B	0.09%
	SAFT	B	0.09%
	KW	C	0.09%
	KALU	C	0.09%
	JBGS	F	0.09%
	AAT	B	0.09%
	UNFI	A	0.09%
	EIG	B	0.09%
	ALGT	B	0.08%
	CBRL	C	0.08%
	BRKL	B	0.08%
	CSR	B	0.08%
	SCSC	C	0.08%
	DGII	C	0.08%
	QNST	B	0.08%
	PBI	B	0.08%
	KLG	B	0.08%
	NVEE	F	0.08%
	FDP	B	0.08%
	PMT	C	0.08%
	CENX	B	0.08%
	MODG	F	0.08%
	ECPG	C	0.08%
	DEA	D	0.08%
	NAVI	F	0.08%
	GIII	D	0.08%
	SAH	C	0.07%
	TMP	B	0.07%
	CXM	C	0.07%
	XRX	F	0.07%
	NXRT	B	0.07%
	AHCO	F	0.07%
	ICHR	C	0.07%
	DAN	D	0.07%
	SXC	A	0.07%
	DLX	B	0.07%
	CAL	F	0.07%
	FBRT	D	0.07%
	ASIX	B	0.06%
	BJRI	C	0.06%
	AVNS	F	0.06%
	CPF	B	0.06%
	EMBC	C	0.06%
	HCSG	C	0.06%
	WNC	C	0.06%
	CFFN	C	0.06%
	ASTE	C	0.06%
	CNXN	C	0.06%
	EGBN	B	0.06%
	PRA	C	0.06%
	MNRO	D	0.06%
	ODP	F	0.06%
	DXPE	C	0.06%
	BDN	C	0.06%
	CWEN	C	0.06%
	HFWA	C	0.06%
	EYE	C	0.06%
	OMI	F	0.06%
	PRAA	D	0.06%
	VTOL	B	0.06%
	HSII	B	0.06%
	RGR	F	0.05%
	VIR	D	0.05%
	CTKB	C	0.05%
	HAIN	D	0.05%
	NBR	C	0.05%
	KREF	C	0.05%
	SMP	C	0.05%
	MATV	D	0.05%
	GPRE	F	0.05%
	TRST	B	0.05%
	AOSL	C	0.05%
	AXL	C	0.05%
	HAFC	B	0.05%
	PCRX	C	0.05%
	BGS	F	0.04%
	PAHC	C	0.04%
	HTZ	C	0.04%
	NVRI	D	0.04%
	MLAB	F	0.04%
	LESL	D	0.04%
	GDOT	D	0.04%
	HZO	F	0.04%
	UFCS	A	0.04%
	SPTN	D	0.04%
	VSAT	F	0.04%
	SCVL	F	0.04%
	SCHL	F	0.04%
	EZPW	B	0.04%
	PUMP	C	0.04%
	FWRD	D	0.04%
	CENT	C	0.03%
	CNSL	C	0.03%
	USNA	C	0.03%
	SVC	F	0.03%
	THRY	D	0.03%
	KELYA	F	0.03%
	HPP	F	0.03%
	CRSR	C	0.02%
	TWI	F	0.02%
	FLGT	F	0.02%

SPSM Underweight 3 Positions Relative to VIOG

	Symbol	Grade	Weight
	PRFT	B	-0.24%
	VGR	B	-0.13%
	CHUY	B	-0.05%

SPSM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology REIT - Diversified Diversified Industrials Software - Application Packaged Foods Specialty Chemicals Asset Management Medical Devices Oil & Gas Equipment & Services REIT - Retail Software - Infrastructure Auto Parts Insurance - Property & Casualty Oil & Gas E&P Restaurants Specialty Retail Building Materials Communication Equipment Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Real Estate Loans Aerospace Clothing Insurance Commercial Bank Mining Semiconductor Transport Commercial Banking Mortgage Loan Investment Management Retail Store Construction

VIOG: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology Diversified Industrials Software - Application Software - Infrastructure Asset Management Oil & Gas Equipment & Services Restaurants Specialty Chemicals Building Materials Electronic Components Medical Devices Oil & Gas E&P Semiconductors REIT - Diversified REIT - Hotel & Motel Residential Construction Apparel Stores Coal Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Medicine Real Estate Investment Trust Aerospace Computing Semiconductor Chemical Construction Deposit Products Mining Building Materials Clothing Electronics Oil And Gas Commercial Bank Telecommunications Biopharmaceutical Integrated Circuits Petroleum Industry