SPDW vs. CIZ ETF Comparison

Comparison of SPDR Portfolio World ex-US ETF (SPDW) to VictoryShares Developed Enhanced Volatility Wtd ETF (CIZ)

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI 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 market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.70

Average Daily Volume

2,266,087

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

CIZ

VictoryShares Developed Enhanced Volatility Wtd ETF

CIZ Description

The investment seeks to track the performance of the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets directly or indirectly in the securities included in the Nasdaq Victory International 500 Long/Cash Volatility Weighted Index, an unmanaged, volatility weighted index maintained exclusively by the index provider. The index identifies the 500 largest foreign companies by market capitalization measured at the time the index's constituent securities are determined.

Grade (RS Rating)

Last Trade

$31.77

Average Daily Volume

3,897

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPDW	CIZ
30 Days	5.09%	5.58%
60 Days	-0.06%	1.97%
90 Days	0.34%	1.82%
12 Months	15.47%	9.47%

22 Overlapping Holdings

Symbol	Grade	Weight in SPDW	Weight in CIZ	Overlap
ABBV	B	0.38%	0.26%	0.26%
BCS	B	0.17%	0.21%	0.17%
CNI	D	0.31%	0.25%	0.25%
DEO	C	0.29%	0.17%	0.17%
E	D	0.16%	0.25%	0.16%
HMC	D	0.22%	0.13%	0.13%
KB	C	0.12%	0.17%	0.12%
LOGI	D	0.06%	0.13%	0.06%
LYG	C	0.22%	0.25%	0.22%
MFG	D	0.21%	0.17%	0.17%
MUFG	D	0.52%	0.15%	0.15%
NMR	D	0.07%	0.16%	0.07%
NVS	B	0.95%	0.3%	0.3%
OTEX	C	0.03%	0.14%	0.03%
SHG	B	0.09%	0.2%	0.09%
SMFG	D	0.35%	0.19%	0.19%
SONY	B	0.48%	0.17%	0.17%
SW	D	0.0%	0.16%	0.0%
TD	A	0.44%	0.25%	0.25%
TM	F	0.85%	0.11%	0.11%
UL	A	0.66%	0.39%	0.39%
WCN	B	0.2%	0.26%	0.2%

SPDW Overweight 94 Positions Relative to CIZ

Symbol	Grade	Weight
SHOP	C	0.37%
SPOT	C	0.19%
STLA	F	0.14%
SE	B	0.13%
ICLR	D	0.11%
CHKP	B	0.1%
CPNG	B	0.1%
PKX	F	0.09%
TEVA	B	0.08%
CYBR	C	0.07%
CCEP	A	0.07%
FLEX	C	0.06%
ONON	B	0.05%
MT	D	0.05%
ARM	D	0.05%
XRX	D	0.05%
MNDY	C	0.04%
QGEN	B	0.04%
KEP	B	0.03%
FLUT	A	0.03%
BNTX	C	0.03%
AGCO	F	0.03%
AER	C	0.03%
GSL	D	0.03%
GLOB	C	0.03%
GRAB	D	0.03%
WIX	C	0.03%
BIRK	F	0.02%
FUTU	F	0.02%
IAG	B	0.02%
ASND	D	0.02%
XENE	D	0.02%
WFG	B	0.02%
AEI	D	0.02%
MBAVU	B	0.02%
MRUS	D	0.02%
GLNG	D	0.02%
CSTM	D	0.01%
LSPD	F	0.01%
NAT	D	0.01%
TIGO	A	0.01%
GLBE	D	0.01%
URGN	F	0.01%
IMCR	F	0.01%
AY	A	0.01%
DAVA	D	0.01%
GRFS	B	0.01%
LPL	F	0.01%
TAC	A	0.01%
NOMD	A	0.01%
IGT	C	0.01%
LPL	F	0.01%
ZIM	D	0.01%
KRNT	B	0.01%
MNMD	F	0.0%
MAXN	F	0.0%
MTLS	D	0.0%
HL	C	0.0%
CALX	D	0.0%
RENB	F	0.0%
ORMP	F	0.0%
GRVY	F	0.0%
FREY	F	0.0%
CVAC	F	0.0%
AMRN	F	0.0%
LILM	F	0.0%
EU	F	0.0%
TMC	F	0.0%
DNN	F	0.0%
MNTX	F	0.0%
NNOX	F	0.0%
NNDM	F	0.0%
ADAP	C	0.0%
INVZ	F	0.0%
GSM	F	0.0%
NBTX	C	0.0%
ABCL	F	0.0%
SNDL	D	0.0%
CHGX	C	0.0%
SSYS	F	0.0%
ELBM	B	0.0%
AUPH	B	0.0%
PIXY	F	0.0%
RDWR	B	0.0%
INMD	F	0.0%
TLRY	F	0.0%
SPNS	D	0.0%
CSIQ	F	0.0%
IMTX	C	0.0%
HCM	D	0.0%
JMIA	F	0.0%
PDS	D	0.0%
FVRR	C	0.0%
MLCO	D	0.0%

SPDW Underweight 2 Positions Relative to CIZ

	Symbol	Grade	Weight
	GOLD	C	-0.21%
	RBA	B	-0.16%