SPYV vs. SPYX ETF Comparison

Comparison of SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV) to SPDR S&P 500 Fossil Fuel Free ETF (SPYX)

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.67

Average Daily Volume

2,147,969

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

SPYX

SPDR S&P 500 Fossil Fuel Free ETF

SPYX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index. Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. In addition, it may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments. The index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.81

Average Daily Volume

120,750

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	SPYV	SPYX
30 Days	2.77%	2.88%
60 Days	4.01%	4.36%
90 Days	6.06%	6.16%
12 Months	26.94%	32.78%

422 Overlapping Holdings

	Symbol	Grade	Weight in SPYV	Weight in SPYX	Overlap
	A	D	0.18%	0.08%	0.08%
	ABBV	D	0.88%	0.61%	0.61%
	ABNB	C	0.14%	0.12%	0.12%
	ABT	B	0.94%	0.41%	0.41%
	ACN	C	0.49%	0.46%	0.46%
	ADI	D	0.2%	0.22%	0.2%
	ADM	D	0.12%	0.05%	0.05%
	ADP	B	0.35%	0.25%	0.25%
	ADSK	A	0.15%	0.13%	0.13%
	AEE	A	0.11%	0.05%	0.05%
	AEP	D	0.23%	0.1%	0.1%
	AES	F	0.05%	0.02%	0.02%
	AFL	B	0.26%	0.11%	0.11%
	AIG	B	0.23%	0.1%	0.1%
	AIZ	A	0.05%	0.02%	0.02%
	AJG	B	0.15%	0.13%	0.13%
	AKAM	D	0.03%	0.03%	0.03%
	ALB	C	0.06%	0.02%	0.02%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	A	0.24%	0.11%	0.11%
	ALLE	D	0.04%	0.03%	0.03%
	AMCR	D	0.07%	0.03%	0.03%
	AME	A	0.11%	0.09%	0.09%
	AMGN	D	0.75%	0.32%	0.32%
	AMP	A	0.12%	0.11%	0.11%
	AMT	D	0.25%	0.19%	0.19%
	ANSS	B	0.06%	0.06%	0.06%
	AON	A	0.19%	0.17%	0.17%
	AOS	F	0.02%	0.02%	0.02%
	APD	A	0.33%	0.14%	0.14%
	APH	A	0.18%	0.18%	0.18%
	APTV	D	0.07%	0.03%	0.03%
	ARE	D	0.08%	0.03%	0.03%
	ATO	A	0.1%	0.04%	0.04%
	AVB	B	0.15%	0.07%	0.07%
	AVY	D	0.08%	0.03%	0.03%
	AWK	D	0.12%	0.05%	0.05%
	AXP	A	0.23%	0.33%	0.23%
	AZO	C	0.08%	0.12%	0.08%
	BA	F	0.26%	0.21%	0.21%
	BAC	A	1.45%	0.63%	0.63%
	BALL	D	0.09%	0.04%	0.04%
	BAX	D	0.08%	0.03%	0.03%
	BBY	D	0.08%	0.04%	0.04%
	BDX	F	0.31%	0.13%	0.13%
	BEN	C	0.03%	0.01%	0.01%
	BG	F	0.06%	0.03%	0.03%
	BIIB	F	0.11%	0.05%	0.05%
	BK	A	0.27%	0.12%	0.12%
	BKR	B	0.2%	0.09%	0.09%
	BLK	C	0.68%	0.3%	0.3%
	BMY	B	0.56%	0.24%	0.24%
	BR	A	0.05%	0.05%	0.05%
	BRK.A	B	4.01%	1.75%	1.75%
	BRO	B	0.03%	0.05%	0.03%
	BSX	B	0.27%	0.26%	0.26%
	BWA	D	0.04%	0.02%	0.02%
	BX	A	0.17%	0.27%	0.17%
	BXP	D	0.05%	0.02%	0.02%
	C	A	0.61%	0.27%	0.27%
	CAG	D	0.06%	0.03%	0.03%
	CAH	B	0.14%	0.06%	0.06%
	CARR	D	0.15%	0.13%	0.13%
	CAT	B	0.37%	0.38%	0.37%
	CB	C	0.5%	0.22%	0.22%
	CBOE	B	0.03%	0.04%	0.03%
	CBRE	B	0.19%	0.08%	0.08%
	CCI	D	0.21%	0.09%	0.09%
	CCL	B	0.03%	0.05%	0.03%
	CDW	F	0.07%	0.05%	0.05%
	CEG	D	0.18%	0.14%	0.14%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.1%	0.04%	0.04%
	CHD	B	0.07%	0.05%	0.05%
	CHRW	C	0.06%	0.03%	0.03%
	CHTR	C	0.1%	0.08%	0.08%
	CI	F	0.42%	0.18%	0.18%
	CINF	A	0.11%	0.05%	0.05%
	CL	D	0.21%	0.15%	0.15%
	CLX	B	0.1%	0.04%	0.04%
	CMCSA	B	0.79%	0.34%	0.34%
	CME	A	0.24%	0.16%	0.16%
	CMI	A	0.23%	0.1%	0.1%
	CMS	C	0.09%	0.04%	0.04%
	CNC	D	0.14%	0.06%	0.06%
	CNP	B	0.09%	0.04%	0.04%
	COF	B	0.33%	0.14%	0.14%
	COR	B	0.2%	0.09%	0.09%
	COST	B	1.11%	0.83%	0.83%
	CPB	D	0.04%	0.02%	0.02%
	CPT	B	0.06%	0.03%	0.03%
	CRL	C	0.05%	0.02%	0.02%
	CSCO	B	1.09%	0.48%	0.48%
	CSGP	D	0.08%	0.06%	0.06%
	CSX	B	0.16%	0.14%	0.14%
	CTAS	B	0.16%	0.15%	0.15%
	CTLT	B	0.05%	0.02%	0.02%
	CTSH	B	0.19%	0.08%	0.08%
	CTVA	C	0.19%	0.08%	0.08%
	CVS	D	0.32%	0.14%	0.14%
	CZR	F	0.02%	0.02%	0.02%
	D	C	0.22%	0.1%	0.1%
	DAL	C	0.09%	0.08%	0.08%
	DAY	B	0.03%	0.02%	0.02%
	DD	D	0.16%	0.07%	0.07%
	DE	A	0.2%	0.21%	0.2%
	DFS	B	0.09%	0.09%	0.09%
	DG	F	0.08%	0.03%	0.03%
	DGX	A	0.08%	0.04%	0.04%
	DHR	F	0.72%	0.31%	0.31%
	DIS	B	0.93%	0.4%	0.4%
	DLR	B	0.15%	0.11%	0.11%
	DLTR	F	0.06%	0.03%	0.03%
	DOC	D	0.07%	0.03%	0.03%
	DOV	A	0.13%	0.06%	0.06%
	DOW	F	0.15%	0.06%	0.06%
	DPZ	C	0.04%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.12%	0.05%	0.05%
	DUK	C	0.4%	0.17%	0.17%
	DVA	B	0.01%	0.01%	0.01%
	DXCM	D	0.05%	0.06%	0.05%
	EA	A	0.1%	0.08%	0.08%
	EBAY	D	0.14%	0.06%	0.06%
	ECL	D	0.14%	0.13%	0.13%
	ED	D	0.15%	0.07%	0.07%
	EFX	F	0.09%	0.07%	0.07%
	EG	C	0.07%	0.03%	0.03%
	EIX	B	0.15%	0.06%	0.06%
	EL	F	0.07%	0.03%	0.03%
	ELV	F	0.44%	0.19%	0.19%
	EMN	D	0.06%	0.02%	0.02%
	EMR	A	0.35%	0.15%	0.15%
	ENPH	F	0.03%	0.02%	0.02%
	EPAM	C	0.04%	0.03%	0.03%
	EQIX	A	0.21%	0.17%	0.17%
	EQR	B	0.12%	0.05%	0.05%
	ES	D	0.1%	0.04%	0.04%
	ESS	B	0.09%	0.04%	0.04%
	ETN	A	0.26%	0.29%	0.26%
	ETR	B	0.15%	0.06%	0.06%
	EVRG	A	0.07%	0.03%	0.03%
	EW	C	0.12%	0.08%	0.08%
	EXC	C	0.18%	0.08%	0.08%
	EXPD	D	0.05%	0.03%	0.03%
	EXR	D	0.16%	0.07%	0.07%
	F	C	0.2%	0.09%	0.09%
	FAST	B	0.11%	0.1%	0.1%
	FCX	D	0.15%	0.13%	0.13%
	FDS	B	0.05%	0.04%	0.04%
	FDX	B	0.31%	0.13%	0.13%
	FE	C	0.1%	0.04%	0.04%
	FFIV	B	0.07%	0.03%	0.03%
	FI	A	0.27%	0.25%	0.25%
	FIS	C	0.23%	0.1%	0.1%
	FITB	A	0.15%	0.07%	0.07%
	FMC	D	0.03%	0.01%	0.01%
	FOX	A	0.03%	0.01%	0.01%
	FOXA	B	0.05%	0.02%	0.02%
	FRT	B	0.04%	0.02%	0.02%
	FSLR	F	0.1%	0.04%	0.04%
	GD	F	0.35%	0.15%	0.15%
	GE	D	0.52%	0.39%	0.39%
	GEHC	F	0.18%	0.08%	0.08%
	GEN	B	0.08%	0.03%	0.03%
	GEV	B	0.24%	0.18%	0.18%
	GILD	C	0.54%	0.23%	0.23%
	GIS	D	0.17%	0.07%	0.07%
	GL	B	0.05%	0.02%	0.02%
	GLW	B	0.17%	0.07%	0.07%
	GM	B	0.3%	0.13%	0.13%
	GNRC	B	0.02%	0.02%	0.02%
	GPC	D	0.08%	0.04%	0.04%
	GPN	B	0.14%	0.06%	0.06%
	GRMN	B	0.07%	0.07%	0.07%
	GS	A	0.87%	0.38%	0.38%
	GWW	B	0.06%	0.11%	0.06%
	HAL	C	0.12%	0.05%	0.05%
	HAS	D	0.04%	0.02%	0.02%
	HBAN	A	0.12%	0.05%	0.05%
	HCA	F	0.16%	0.13%	0.13%
	HD	A	1.19%	0.82%	0.82%
	HIG	B	0.16%	0.07%	0.07%
	HII	D	0.04%	0.02%	0.02%
	HOLX	D	0.08%	0.04%	0.04%
	HON	B	0.7%	0.31%	0.31%
	HPE	B	0.13%	0.06%	0.06%
	HPQ	B	0.17%	0.07%	0.07%
	HRL	D	0.04%	0.02%	0.02%
	HSIC	B	0.04%	0.02%	0.02%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.08%	0.05%	0.05%
	HUBB	B	0.06%	0.05%	0.05%
	HUM	C	0.16%	0.07%	0.07%
	HWM	A	0.09%	0.09%	0.09%
	IBM	C	0.9%	0.39%	0.39%
	ICE	C	0.42%	0.18%	0.18%
	IDXX	F	0.07%	0.07%	0.07%
	IEX	B	0.08%	0.03%	0.03%
	IFF	D	0.11%	0.05%	0.05%
	INCY	C	0.06%	0.03%	0.03%
	INTC	D	0.5%	0.22%	0.22%
	INVH	D	0.09%	0.04%	0.04%
	IP	B	0.09%	0.04%	0.04%
	IPG	D	0.05%	0.02%	0.02%
	IQV	D	0.1%	0.07%	0.07%
	IR	B	0.05%	0.08%	0.05%
	IRM	D	0.08%	0.07%	0.07%
	ISRG	A	0.3%	0.39%	0.3%
	ITW	B	0.18%	0.15%	0.15%
	IVZ	B	0.04%	0.02%	0.02%
	J	F	0.08%	0.04%	0.04%
	JBHT	C	0.07%	0.03%	0.03%
	JBL	B	0.03%	0.03%	0.03%
	JCI	C	0.27%	0.12%	0.12%
	JKHY	D	0.06%	0.03%	0.03%
	JNJ	D	1.71%	0.75%	0.75%
	JNPR	F	0.06%	0.03%	0.03%
	JPM	A	3.22%	1.4%	1.4%
	K	A	0.1%	0.04%	0.04%
	KDP	D	0.18%	0.08%	0.08%
	KEY	B	0.08%	0.04%	0.04%
	KEYS	A	0.13%	0.05%	0.05%
	KHC	F	0.13%	0.06%	0.06%
	KIM	A	0.08%	0.03%	0.03%
	KMB	D	0.21%	0.09%	0.09%
	KMI	A	0.24%	0.11%	0.11%
	KMX	B	0.06%	0.03%	0.03%
	KO	D	0.69%	0.49%	0.49%
	KR	B	0.18%	0.08%	0.08%
	KVUE	A	0.21%	0.09%	0.09%
	L	A	0.07%	0.03%	0.03%
	LDOS	C	0.11%	0.05%	0.05%
	LEN	D	0.08%	0.08%	0.08%
	LH	C	0.09%	0.04%	0.04%
	LHX	C	0.22%	0.1%	0.1%
	LIN	D	0.49%	0.44%	0.44%
	LKQ	D	0.05%	0.02%	0.02%
	LMT	D	0.54%	0.23%	0.23%
	LNT	A	0.07%	0.03%	0.03%
	LOW	D	0.72%	0.31%	0.31%
	LUV	C	0.09%	0.04%	0.04%
	LVS	C	0.03%	0.04%	0.03%
	LW	C	0.02%	0.02%	0.02%
	LYB	F	0.1%	0.04%	0.04%
	MA	C	0.56%	0.88%	0.56%
	MAA	B	0.09%	0.04%	0.04%
	MAS	D	0.04%	0.04%	0.04%
	MCD	D	0.56%	0.44%	0.44%
	MCHP	D	0.07%	0.07%	0.07%
	MCK	B	0.37%	0.16%	0.16%
	MCO	B	0.19%	0.15%	0.15%
	MDLZ	F	0.24%	0.18%	0.18%
	MDT	D	0.52%	0.22%	0.22%
	MET	A	0.23%	0.1%	0.1%
	MGM	D	0.01%	0.02%	0.01%
	MHK	D	0.03%	0.02%	0.02%
	MKC	D	0.09%	0.04%	0.04%
	MKTX	D	0.05%	0.02%	0.02%
	MLM	B	0.06%	0.07%	0.06%
	MMC	B	0.25%	0.22%	0.22%
	MMM	D	0.34%	0.15%	0.15%
	MNST	C	0.07%	0.08%	0.07%
	MO	A	0.44%	0.19%	0.19%
	MOH	F	0.03%	0.04%	0.03%
	MOS	F	0.04%	0.02%	0.02%
	MPC	D	0.11%	0.11%	0.11%
	MRK	F	0.7%	0.51%	0.51%
	MRNA	F	0.06%	0.03%	0.03%
	MS	A	0.77%	0.34%	0.34%
	MSCI	C	0.1%	0.1%	0.1%
	MSI	B	0.16%	0.17%	0.16%
	MTB	A	0.17%	0.07%	0.07%
	MTCH	D	0.04%	0.02%	0.02%
	MTD	D	0.08%	0.06%	0.06%
	MU	D	0.52%	0.22%	0.22%
	NDAQ	A	0.15%	0.07%	0.07%
	NDSN	B	0.07%	0.03%	0.03%
	NEE	D	0.72%	0.32%	0.32%
	NEM	D	0.22%	0.1%	0.1%
	NI	A	0.08%	0.03%	0.03%
	NKE	D	0.24%	0.19%	0.19%
	NOC	D	0.32%	0.14%	0.14%
	NRG	B	0.09%	0.04%	0.04%
	NSC	B	0.28%	0.12%	0.12%
	NTAP	C	0.07%	0.05%	0.05%
	NTRS	A	0.1%	0.04%	0.04%
	NUE	C	0.06%	0.07%	0.06%
	NWS	B	0.02%	0.01%	0.01%
	NWSA	B	0.05%	0.02%	0.02%
	NXPI	D	0.07%	0.12%	0.07%
	O	D	0.23%	0.1%	0.1%
	OKE	A	0.11%	0.13%	0.11%
	OMC	C	0.1%	0.04%	0.04%
	ON	D	0.08%	0.06%	0.06%
	ORLY	B	0.09%	0.15%	0.09%
	OTIS	C	0.11%	0.08%	0.08%
	PARA	C	0.03%	0.01%	0.01%
	PAYC	B	0.03%	0.02%	0.02%
	PAYX	C	0.13%	0.1%	0.1%
	PCAR	B	0.08%	0.12%	0.08%
	PCG	A	0.21%	0.09%	0.09%
	PEG	A	0.2%	0.09%	0.09%
	PEP	F	0.68%	0.46%	0.46%
	PFE	D	0.69%	0.3%	0.3%
	PFG	D	0.09%	0.04%	0.04%
	PG	A	1.12%	0.8%	0.8%
	PGR	A	0.35%	0.31%	0.31%
	PH	A	0.09%	0.18%	0.09%
	PKG	A	0.1%	0.04%	0.04%
	PLD	D	0.5%	0.22%	0.22%
	PM	B	0.59%	0.41%	0.41%
	PNC	B	0.39%	0.17%	0.17%
	PNR	A	0.02%	0.04%	0.02%
	PNW	B	0.05%	0.02%	0.02%
	PODD	C	0.05%	0.04%	0.04%
	POOL	C	0.03%	0.03%	0.03%
	PPG	F	0.13%	0.06%	0.06%
	PPL	B	0.12%	0.05%	0.05%
	PRU	A	0.21%	0.09%	0.09%
	PSA	D	0.14%	0.11%	0.11%
	PSX	C	0.25%	0.11%	0.11%
	PTC	A	0.04%	0.05%	0.04%
	PWR	A	0.07%	0.1%	0.07%
	PYPL	B	0.41%	0.18%	0.18%
	QCOM	F	0.41%	0.37%	0.37%
	QRVO	F	0.03%	0.01%	0.01%
	REG	B	0.06%	0.02%	0.02%
	REGN	F	0.16%	0.17%	0.16%
	RF	A	0.11%	0.05%	0.05%
	RJF	A	0.14%	0.06%	0.06%
	RL	B	0.02%	0.02%	0.02%
	RMD	C	0.16%	0.07%	0.07%
	ROK	B	0.08%	0.07%	0.07%
	ROL	B	0.04%	0.03%	0.03%
	ROP	B	0.16%	0.12%	0.12%
	RSG	A	0.09%	0.09%	0.09%
	RTX	C	0.74%	0.32%	0.32%
	RVTY	F	0.07%	0.03%	0.03%
	SBAC	D	0.07%	0.05%	0.05%
	SBUX	A	0.22%	0.23%	0.22%
	SCHW	B	0.56%	0.24%	0.24%
	SHW	A	0.21%	0.18%	0.18%
	SJM	D	0.06%	0.02%	0.02%
	SLB	C	0.29%	0.13%	0.13%
	SNA	A	0.05%	0.04%	0.04%
	SO	D	0.44%	0.19%	0.19%
	SOLV	C	0.04%	0.02%	0.02%
	SPG	B	0.16%	0.11%	0.11%
	SPGI	C	0.43%	0.33%	0.33%
	SRE	A	0.27%	0.12%	0.12%
	STE	F	0.05%	0.05%	0.05%
	STLD	B	0.03%	0.04%	0.03%
	STT	A	0.13%	0.06%	0.06%
	STX	D	0.06%	0.04%	0.04%
	STZ	D	0.18%	0.08%	0.08%
	SW	A	0.12%	0.05%	0.05%
	SWK	D	0.06%	0.03%	0.03%
	SWKS	F	0.06%	0.03%	0.03%
	SYF	B	0.12%	0.05%	0.05%
	SYK	C	0.22%	0.26%	0.22%
	SYY	B	0.17%	0.08%	0.08%
	T	A	0.75%	0.33%	0.33%
	TAP	C	0.05%	0.02%	0.02%
	TDY	B	0.1%	0.05%	0.05%
	TECH	D	0.05%	0.02%	0.02%
	TER	D	0.08%	0.03%	0.03%
	TFC	A	0.29%	0.13%	0.13%
	TFX	F	0.04%	0.02%	0.02%
	TGT	F	0.33%	0.15%	0.15%
	TJX	A	0.22%	0.28%	0.22%
	TMO	F	0.59%	0.41%	0.41%
	TMUS	B	0.55%	0.24%	0.24%
	TPR	B	0.06%	0.03%	0.03%
	TRMB	B	0.08%	0.04%	0.04%
	TROW	B	0.13%	0.06%	0.06%
	TRV	B	0.27%	0.12%	0.12%
	TSCO	D	0.08%	0.06%	0.06%
	TSN	B	0.09%	0.04%	0.04%
	TT	A	0.13%	0.19%	0.13%
	TTWO	A	0.07%	0.06%	0.06%
	TXN	C	0.56%	0.38%	0.38%
	TXT	D	0.08%	0.03%	0.03%
	UAL	A	0.14%	0.06%	0.06%
	UDR	B	0.06%	0.03%	0.03%
	UHS	D	0.06%	0.03%	0.03%
	ULTA	F	0.03%	0.04%	0.03%
	UNH	C	1.59%	1.12%	1.12%
	UNP	C	0.37%	0.29%	0.29%
	UPS	C	0.46%	0.2%	0.2%
	USB	A	0.37%	0.16%	0.16%
	V	A	0.82%	1.05%	0.82%
	VICI	C	0.15%	0.07%	0.07%
	VLO	C	0.21%	0.09%	0.09%
	VLTO	D	0.12%	0.05%	0.05%
	VMC	B	0.06%	0.08%	0.06%
	VRSK	A	0.09%	0.08%	0.08%
	VRSN	F	0.04%	0.03%	0.03%
	VRTX	F	0.21%	0.26%	0.21%
	VTR	C	0.12%	0.05%	0.05%
	VTRS	A	0.07%	0.03%	0.03%
	VZ	C	0.81%	0.35%	0.35%
	WAB	B	0.16%	0.07%	0.07%
	WAT	B	0.07%	0.05%	0.05%
	WBA	F	0.03%	0.01%	0.01%
	WBD	C	0.1%	0.04%	0.04%
	WDC	D	0.1%	0.04%	0.04%
	WEC	A	0.14%	0.06%	0.06%
	WELL	A	0.36%	0.16%	0.16%
	WFC	A	1.16%	0.51%	0.51%
	WM	A	0.2%	0.17%	0.17%
	WMB	A	0.19%	0.14%	0.14%
	WMT	A	1.72%	0.75%	0.75%
	WRB	A	0.08%	0.04%	0.04%
	WTW	B	0.15%	0.07%	0.07%
	WY	D	0.11%	0.05%	0.05%
	XEL	A	0.18%	0.08%	0.08%
	XYL	D	0.14%	0.06%	0.06%
	YUM	B	0.1%	0.08%	0.08%
	ZBH	C	0.1%	0.05%	0.05%
	ZBRA	B	0.1%	0.04%	0.04%
	ZTS	D	0.17%	0.16%	0.16%

SPYV Overweight 11 Positions Relative to SPYX

	Symbol	Grade	Weight
	XOM	B	2.51%
	CVX	A	1.29%
	COP	C	0.19%
	OXY	D	0.16%
	DVN	F	0.12%
	EQT	B	0.12%
	EOG	A	0.12%
	DELL	C	0.08%
	MRO	B	0.04%
	CTRA	B	0.03%
	ERIE	D	0.02%

SPYV Underweight 62 Positions Relative to SPYX

	Symbol	Grade	Weight
	NVDA	C	-7.36%
	AAPL	C	-7.07%
	MSFT	F	-6.47%
	AMZN	C	-4.03%
	META	D	-2.57%
	GOOGL	C	-2.1%
	TSLA	B	-1.76%
	GOOG	C	-1.74%
	AVGO	D	-1.62%
	LLY	F	-1.27%
	NFLX	A	-0.73%
	CRM	B	-0.66%
	ORCL	B	-0.61%
	ADBE	C	-0.48%
	AMD	F	-0.46%
	NOW	A	-0.44%
	INTU	C	-0.4%
	BKNG	A	-0.34%
	UBER	D	-0.31%
	AMAT	F	-0.31%
	PANW	C	-0.26%
	KKR	A	-0.21%
	LRCX	F	-0.2%
	ANET	C	-0.2%
	KLAC	D	-0.18%
	CMG	B	-0.17%
	CDNS	B	-0.17%
	SNPS	B	-0.17%
	CRWD	B	-0.16%
	TDG	D	-0.15%
	HLT	A	-0.13%
	MAR	B	-0.13%
	URI	B	-0.12%
	FICO	B	-0.12%
	FTNT	C	-0.12%
	RCL	A	-0.11%
	ROST	C	-0.1%
	VST	B	-0.1%
	DHI	D	-0.1%
	CPRT	A	-0.1%
	TRGP	B	-0.09%
	AXON	A	-0.09%
	ACGL	D	-0.08%
	LULU	C	-0.08%
	ODFL	B	-0.08%
	IT	C	-0.08%
	DECK	A	-0.06%
	MPWR	F	-0.06%
	EXPE	B	-0.05%
	WST	C	-0.05%
	CPAY	A	-0.05%
	GDDY	A	-0.05%
	TYL	B	-0.05%
	NVR	D	-0.05%
	FTV	C	-0.05%
	PHM	D	-0.05%
	LYV	A	-0.04%
	BLDR	D	-0.04%
	CE	F	-0.02%
	WYNN	D	-0.02%
	SMCI	F	-0.02%
	NCLH	B	-0.02%

SPYV: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Business Services Diagnostics & Research Asset Management Banks - Regional - US Capital Markets Packaged Foods Semiconductors Drug Manufacturers - Major Medical Devices Aerospace & Defense Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty Medical Instruments & Supplies Oil & Gas E&P REIT - Residential Software - Application

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Insurance Dow Jones Component Electronics Computing Medicine Real Estate Investment Trust Aerospace Chemical Bank Banking Telecommunications Insurance Products Investment Bank Plastic Mining Disability

SPYX: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Aerospace & Defense Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Chemical Semiconductor Banking Insurance Products Transport Investment Bank Mobile Devices