XSW vs. RAFE ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to PIMCO RAFI ESG U.S. ETF (RAFE)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$160.77

Average Daily Volume

9,712

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$37.16

Average Daily Volume

5,064

Number of Holdings ^*

234

* may have additional holdings in another (foreign) market

Performance

Period	XSW	RAFE
30 Days	3.94%	3.04%
60 Days	3.22%	4.23%
90 Days	6.39%	5.44%
12 Months	27.59%	27.95%

12 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in RAFE	Overlap
ACN	C	0.8%	0.75%	0.75%
ADBE	F	0.69%	0.53%	0.53%
CDNS	D	0.62%	0.1%	0.1%
CRM	C	0.79%	0.38%	0.38%
CTSH	B	0.8%	0.14%	0.14%
DXC	D	0.81%	0.05%	0.05%
EA	D	0.71%	0.21%	0.21%
IBM	B	0.87%	1.55%	0.87%
KD	F	0.64%	0.04%	0.04%
MSFT	C	0.68%	4.8%	0.68%
ORCL	B	0.83%	1.2%	0.83%
SNPS	F	0.6%	0.06%	0.06%

XSW Overweight 115 Positions Relative to RAFE

Symbol	Grade	Weight
AUR	C	1.42%
YOU	B	1.26%
ZETA	C	1.22%
IOT	C	1.17%
APP	C	1.1%
PLTR	C	1.07%
INTA	C	0.97%
ACIW	B	0.95%
QTWO	C	0.95%
FICO	B	0.95%
S	D	0.93%
RBLX	C	0.91%
CWAN	C	0.91%
GWRE	B	0.9%
CVLT	B	0.9%
VRNS	B	0.88%
BOX	C	0.87%
NOW	C	0.87%
FTNT	B	0.86%
TYL	C	0.85%
ALKT	D	0.85%
U	D	0.85%
SMAR	A	0.84%
MANH	B	0.83%
APPN	C	0.83%
IT	C	0.82%
JAMF	D	0.82%
ADSK	B	0.82%
PEGA	B	0.81%
GTLB	D	0.81%
WDAY	D	0.81%
IDCC	B	0.81%
ZM	C	0.8%
PRGS	A	0.8%
AGYS	D	0.79%
DBX	C	0.79%
BILL	D	0.78%
SOUN	D	0.78%
DT	C	0.78%
WULF	C	0.78%
DOCU	C	0.78%
BL	D	0.78%
EPAM	F	0.77%
BLKB	C	0.77%
INTU	D	0.76%
SEMR	C	0.76%
NTNX	D	0.75%
PATH	D	0.74%
SWI	B	0.73%
NNBR	C	0.73%
RNG	F	0.73%
SPSC	D	0.73%
WK	D	0.73%
ASGN	D	0.73%
ENV	C	0.72%
VERX	D	0.72%
PANW	D	0.72%
YEXT	C	0.71%
ATEN	C	0.71%
PTC	C	0.71%
BSY	C	0.7%
BRZE	F	0.7%
PRFT	B	0.7%
ASAN	F	0.7%
OSPN	C	0.7%
TEAM	D	0.7%
ROP	C	0.7%
PWSC	C	0.7%
ANSS	D	0.69%
APPF	C	0.69%
TENB	F	0.69%
HCP	A	0.69%
OLO	F	0.69%
ALTR	C	0.68%
PLTK	C	0.68%
ETWO	D	0.68%
MSTR	C	0.67%
NCNO	F	0.67%
DDOG	D	0.67%
INST	D	0.66%
TTWO	D	0.66%
RPD	D	0.65%
PCOR	D	0.65%
FRSH	F	0.65%
NABL	F	0.64%
DLB	D	0.64%
GDYN	C	0.64%
ZS	F	0.64%
ZUO	F	0.63%
DV	F	0.63%
CXM	F	0.62%
QLYS	D	0.62%
HUBS	D	0.62%
ALRM	F	0.61%
RAMP	F	0.61%
TDC	D	0.6%
IBUY	A	0.6%
SPT	F	0.59%
INFA	D	0.59%
DMRC	F	0.58%
PDFS	D	0.58%
MITK	F	0.57%
AI	F	0.56%
MARA	D	0.55%
CFLT	F	0.51%
CRWD	D	0.5%
PRO	F	0.5%
VRNT	F	0.5%
FIVN	F	0.47%
RIOT	F	0.47%
ESTC	F	0.46%
CLSK	F	0.35%
HCKT	C	0.33%
EGHT	F	0.3%
AMSWA	C	0.29%

XSW Underweight 222 Positions Relative to RAFE

Symbol	Grade	Weight
AAPL	C	-5.25%
JPM	D	-2.88%
JNJ	C	-2.72%
C	C	-2.37%
PG	C	-2.36%
INTC	D	-2.25%
CSCO	B	-2.21%
PFE	D	-2.17%
T	B	-1.85%
WFC	D	-1.71%
MRK	F	-1.63%
VZ	A	-1.46%
GM	C	-1.46%
ABBV	B	-1.43%
HD	B	-1.42%
BMY	C	-1.37%
QCOM	D	-1.33%
CMCSA	C	-1.21%
CI	C	-1.17%
AVGO	C	-1.08%
LIN	B	-1.0%
META	B	-0.99%
ELV	D	-0.98%
AMGN	D	-0.98%
LOW	B	-0.95%
TGT	C	-0.95%
MMM	B	-0.93%
KO	B	-0.93%
ABT	C	-0.92%
F	F	-0.88%
DIS	D	-0.81%
V	C	-0.77%
NVDA	C	-0.77%
MU	D	-0.76%
AMAT	D	-0.76%
GILD	B	-0.74%
TXN	B	-0.69%
LLY	D	-0.68%
GS	B	-0.65%
MA	B	-0.6%
BAC	D	-0.59%
HPQ	C	-0.57%
MET	B	-0.56%
BLK	B	-0.53%
HPE	C	-0.52%
DD	B	-0.51%
DOW	C	-0.5%
AXP	B	-0.48%
NEM	C	-0.48%
LRCX	D	-0.47%
NKE	D	-0.47%
UNH	C	-0.47%
ALL	C	-0.46%
PYPL	B	-0.46%
DE	A	-0.45%
BBY	A	-0.45%
UPS	D	-0.43%
DHR	B	-0.43%
PRU	C	-0.42%
TJX	C	-0.4%
JCI	B	-0.4%
HUM	F	-0.37%
EBAY	B	-0.35%
CVS	D	-0.35%
CL	C	-0.34%
ADP	C	-0.34%
TMUS	B	-0.33%
FDX	D	-0.33%
WM	D	-0.33%
CARR	B	-0.32%
ADI	C	-0.32%
GIS	B	-0.31%
APD	B	-0.31%
ADM	D	-0.3%
TSLA	C	-0.3%
WDC	C	-0.3%
IP	C	-0.29%
BDX	D	-0.28%
FIS	C	-0.28%
CBRE	B	-0.28%
BIIB	F	-0.27%
MDLZ	C	-0.27%
MCK	F	-0.27%
GEHC	B	-0.25%
CCI	C	-0.25%
PEP	D	-0.25%
WELL	C	-0.25%
KMB	C	-0.25%
ITW	B	-0.24%
WY	C	-0.23%
NTAP	D	-0.23%
HIG	B	-0.22%
CAH	C	-0.22%
ECL	B	-0.22%
PGR	C	-0.21%
KLAC	D	-0.21%
STT	B	-0.2%
MAR	B	-0.2%
EIX	B	-0.2%
SYY	C	-0.2%
EQIX	B	-0.19%
VTR	C	-0.19%
JLL	B	-0.18%
AMT	C	-0.18%
KHC	C	-0.18%
PARA	D	-0.17%
JNPR	A	-0.17%
AMP	B	-0.17%
BAX	C	-0.17%
PPG	C	-0.17%
OC	C	-0.16%
IRM	C	-0.16%
LUMN	C	-0.16%
MSI	B	-0.16%
WHR	C	-0.16%
PFG	B	-0.16%
BK	B	-0.15%
CMI	B	-0.15%
MOS	F	-0.15%
EL	D	-0.14%
ARW	B	-0.14%
A	C	-0.14%
CNC	D	-0.14%
K	A	-0.14%
VFC	B	-0.14%
BALL	C	-0.14%
DVA	B	-0.14%
ZTS	B	-0.13%
SHW	B	-0.13%
GWW	B	-0.13%
AVB	C	-0.13%
KDP	B	-0.13%
KSS	D	-0.13%
DG	F	-0.13%
EQR	C	-0.13%
MCO	C	-0.13%
IFF	A	-0.12%
OMC	B	-0.12%
FOXA	B	-0.12%
CF	B	-0.12%
EW	F	-0.12%
PKG	B	-0.11%
SWK	B	-0.11%
HLT	B	-0.11%
AWK	C	-0.11%
FITB	B	-0.1%
DELL	C	-0.1%
TER	C	-0.1%
CDW	D	-0.1%
ISRG	C	-0.1%
TPR	A	-0.1%
SPGI	C	-0.09%
MRVL	D	-0.09%
HOLX	D	-0.09%
HCA	B	-0.09%
GAP	F	-0.09%
PVH	D	-0.09%
TSCO	B	-0.09%
SYK	C	-0.09%
HST	D	-0.09%
OTIS	B	-0.09%
LEA	D	-0.08%
SJM	C	-0.08%
PAYX	C	-0.08%
BSX	B	-0.08%
ON	D	-0.08%
KEYS	B	-0.08%
WAT	B	-0.08%
TROW	C	-0.07%
AKAM	D	-0.07%
HUN	C	-0.07%
CAG	B	-0.07%
USFD	C	-0.07%
DOX	C	-0.07%
FAST	C	-0.07%
LKQ	F	-0.07%
PLD	C	-0.07%
WBA	F	-0.07%
SOLV	D	-0.07%
GPC	D	-0.07%
AVT	B	-0.07%
ILMN	D	-0.06%
NFLX	B	-0.06%
AMD	C	-0.06%
MCHP	D	-0.06%
LNC	C	-0.06%
MAA	C	-0.06%
VTRS	D	-0.06%
GT	F	-0.05%
WAB	B	-0.05%
HSIC	C	-0.05%
XRX	D	-0.05%
CPB	C	-0.05%
FL	F	-0.05%
DGX	B	-0.05%
NTRS	C	-0.05%
CHD	C	-0.05%
HSY	D	-0.05%
TSN	D	-0.05%
NWSA	D	-0.04%
ESS	C	-0.04%
OGN	D	-0.04%
ROK	D	-0.04%
CTVA	B	-0.04%
DOV	B	-0.04%
MHK	B	-0.04%
EQH	C	-0.04%
HAS	B	-0.04%
MAN	C	-0.03%
NWL	C	-0.03%
FLEX	B	-0.03%
NDAQ	C	-0.03%
AAP	F	-0.03%
KIM	C	-0.03%
AGCO	D	-0.03%
RSG	D	-0.03%
WU	C	-0.03%
ANET	C	-0.02%
O	B	-0.02%
ORLY	B	-0.02%
M	F	-0.02%
HRL	F	-0.01%