SPGM vs. ESG ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to FlexShares STOXX US ESG Impact Index Fund (ESG)

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

$64.16

Average Daily Volume

45,823

Number of Holdings ^*

1001

* may have additional holdings in another (foreign) market

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$134.28

Average Daily Volume

5,523

Number of Holdings ^*

258

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	ESG
30 Days	2.71%	0.92%
60 Days	7.39%	6.98%
90 Days	3.54%	2.55%
12 Months	32.08%	29.43%

167 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in ESG	Overlap
A	B	0.23%	0.07%	0.07%
AAPL	C	3.74%	4.94%	3.74%
ABT	C	0.33%	0.67%	0.33%
ACN	B	0.27%	1.12%	0.27%
ADBE	F	0.34%	0.75%	0.34%
ADM	F	0.09%	0.1%	0.09%
ADP	A	0.21%	0.48%	0.21%
ADSK	C	0.01%	0.29%	0.01%
AEP	C	0.16%	0.23%	0.16%
AES	C	0.01%	0.06%	0.01%
AFL	A	0.25%	0.24%	0.24%
ALL	C	0.15%	0.08%	0.08%
AMAT	B	0.28%	0.55%	0.28%
AMD	B	0.28%	0.87%	0.28%
AMT	C	0.19%	0.45%	0.19%
AMZN	C	1.95%	4.81%	1.95%
AON	B	0.07%	0.26%	0.07%
APTV	D	0.0%	0.05%	0.0%
AVGO	C	0.9%	1.97%	0.9%
BAC	D	0.44%	0.91%	0.44%
BAX	D	0.06%	0.05%	0.05%
BDX	C	0.17%	0.12%	0.12%
BK	C	0.18%	0.22%	0.18%
BKNG	C	0.26%	0.46%	0.26%
BKR	B	0.02%	0.09%	0.02%
BLK	A	0.08%	0.66%	0.08%
BMY	B	0.12%	0.36%	0.12%
BRK.A	C	0.7%	3.04%	0.7%
BSX	A	0.14%	0.2%	0.14%
BURL	D	0.0%	0.05%	0.0%
C	C	0.23%	0.6%	0.23%
CAG	D	0.05%	0.03%	0.03%
CAT	A	0.3%	0.33%	0.3%
CB	B	0.27%	0.28%	0.27%
CCL	C	0.01%	0.06%	0.01%
CDNS	D	0.06%	0.12%	0.06%
CEG	A	0.14%	0.21%	0.14%
CI	D	0.08%	0.33%	0.08%
CL	D	0.14%	0.35%	0.14%
CLX	C	0.12%	0.1%	0.1%
CMG	C	0.1%	0.26%	0.1%
CMI	A	0.23%	0.15%	0.15%
COST	C	0.55%	0.99%	0.55%
CRM	B	0.41%	0.44%	0.41%
CRWD	D	0.07%	0.21%	0.07%
CSCO	A	0.33%	0.9%	0.33%
CTSH	B	0.13%	0.1%	0.1%
CTVA	A	0.08%	0.07%	0.07%
CVS	C	0.14%	0.33%	0.14%
CVX	B	0.31%	1.3%	0.31%
DD	C	0.08%	0.13%	0.08%
DE	B	0.19%	0.48%	0.19%
DFS	C	0.16%	0.15%	0.15%
DIS	D	0.25%	0.72%	0.25%
DLTR	F	0.04%	0.04%	0.04%
DOC	C	0.05%	0.08%	0.05%
DOW	B	0.07%	0.13%	0.07%
DUK	B	0.1%	0.22%	0.1%
EA	D	0.0%	0.11%	0.0%
EBAY	A	0.11%	0.11%	0.11%
ECL	B	0.14%	0.18%	0.14%
EIX	B	0.12%	0.14%	0.12%
EL	D	0.07%	0.1%	0.07%
ELV	F	0.22%	0.5%	0.22%
EMR	B	0.18%	0.1%	0.1%
EXPE	B	0.01%	0.06%	0.01%
FCX	B	0.05%	0.19%	0.05%
FDX	F	0.16%	0.21%	0.16%
FTV	C	0.06%	0.11%	0.06%
GEHC	C	0.02%	0.2%	0.02%
GILD	A	0.17%	0.26%	0.17%
GIS	C	0.06%	0.21%	0.06%
GLW	C	0.14%	0.06%	0.06%
GM	D	0.08%	0.26%	0.08%
GS	D	0.31%	0.78%	0.31%
HD	A	0.55%	1.03%	0.55%
HPE	B	0.07%	0.11%	0.07%
HPQ	B	0.11%	0.17%	0.11%
HST	D	0.0%	0.02%	0.0%
HSY	F	0.13%	0.11%	0.11%
HUBS	D	0.02%	0.11%	0.02%
IBM	A	0.29%	1.02%	0.29%
ICE	A	0.01%	0.47%	0.01%
IDXX	D	0.01%	0.07%	0.01%
INTC	D	0.13%	0.49%	0.13%
INTU	F	0.34%	0.43%	0.34%
ITW	B	0.13%	0.13%	0.13%
JNJ	D	0.41%	1.97%	0.41%
JPM	D	0.81%	2.98%	0.81%
K	A	0.07%	0.1%	0.07%
KHC	F	0.0%	0.1%	0.0%
KLAC	B	0.05%	0.18%	0.05%
KMB	D	0.11%	0.24%	0.11%
KO	C	0.33%	1.42%	0.33%
LLY	D	0.81%	2.54%	0.81%
LOW	A	0.3%	0.53%	0.3%
LRCX	D	0.07%	0.26%	0.07%
LULU	D	0.02%	0.16%	0.02%
LVS	B	0.04%	0.04%	0.04%
MA	A	0.41%	1.04%	0.41%
MCD	A	0.23%	0.37%	0.23%
MCK	F	0.2%	0.22%	0.2%
MCO	D	0.02%	0.13%	0.02%
MDLZ	D	0.06%	0.41%	0.06%
MDT	C	0.23%	0.39%	0.23%
MET	B	0.2%	0.2%	0.2%
META	A	1.45%	5.33%	1.45%
MKC	C	0.12%	0.07%	0.07%
MMC	D	0.17%	0.28%	0.17%
MRK	F	0.37%	1.22%	0.37%
MRNA	F	0.02%	0.06%	0.02%
MRO	C	0.06%	0.05%	0.05%
MS	B	0.24%	0.21%	0.21%
MSFT	D	3.41%	4.79%	3.41%
MU	D	0.07%	0.56%	0.07%
NEM	C	0.04%	0.26%	0.04%
NKE	D	0.21%	0.27%	0.21%
NOW	C	0.14%	0.31%	0.14%
NTAP	D	0.1%	0.09%	0.09%
NU	D	0.03%	0.07%	0.03%
NVT	D	0.0%	0.05%	0.0%
NXPI	F	0.01%	0.25%	0.01%
OKTA	F	0.01%	0.02%	0.01%
ORCL	C	0.39%	0.68%	0.39%
OTIS	A	0.04%	0.17%	0.04%
PANW	D	0.09%	0.27%	0.09%
PEG	A	0.14%	0.15%	0.14%
PFE	D	0.2%	0.41%	0.2%
PG	D	0.49%	2.06%	0.49%
PNR	B	0.01%	0.07%	0.01%
PPL	B	0.08%	0.04%	0.04%
PSA	C	0.23%	0.1%	0.1%
PYPL	C	0.13%	0.27%	0.13%
QCOM	C	0.28%	0.62%	0.28%
ROST	D	0.19%	0.21%	0.19%
SBUX	C	0.2%	0.19%	0.19%
SHW	C	0.03%	0.15%	0.03%
SJM	D	0.08%	0.02%	0.02%
SLB	D	0.07%	0.31%	0.07%
SNAP	D	0.01%	0.04%	0.01%
SNPS	F	0.04%	0.19%	0.04%
SPGI	B	0.24%	0.67%	0.24%
STT	C	0.07%	0.07%	0.07%
STX	B	0.07%	0.04%	0.04%
SYK	C	0.19%	0.54%	0.19%
TGT	D	0.12%	0.3%	0.12%
TJX	D	0.34%	0.67%	0.34%
TRV	C	0.19%	0.22%	0.19%
TSLA	C	0.81%	2.42%	0.81%
TSN	D	0.07%	0.03%	0.03%
TT	A	0.18%	0.37%	0.18%
TXN	C	0.38%	0.62%	0.38%
UBER	C	0.13%	0.53%	0.13%
UNH	B	0.66%	0.92%	0.66%
UNP	D	0.26%	0.63%	0.26%
USB	D	0.11%	0.35%	0.11%
V	C	0.61%	1.95%	0.61%
VLO	D	0.11%	0.11%	0.11%
VRTX	D	0.07%	0.4%	0.07%
VZ	B	0.15%	0.32%	0.15%
WDC	C	0.07%	0.12%	0.07%
WM	B	0.21%	0.13%	0.13%
WMT	A	0.39%	1.8%	0.39%
XOM	A	0.65%	2.69%	0.65%
XPO	F	0.01%	0.05%	0.01%
YUM	B	0.11%	0.13%	0.11%
ZTS	C	0.1%	0.36%	0.1%

SPGM Overweight 834 Positions Relative to ESG

Symbol	Grade	Weight
NVDA	B	3.39%
GOOGL	B	1.04%
GOOG	B	1.03%
TSM	B	0.93%
TMO	D	0.45%
ABBV	B	0.42%
DHR	D	0.34%
AXP	B	0.34%
LIN	B	0.34%
RTX	A	0.33%
NFLX	B	0.32%
WFC	F	0.32%
TM	D	0.29%
LMT	A	0.27%
PEP	F	0.27%
NEE	A	0.27%
NVS	D	0.25%
PLD	D	0.25%
BABA	B	0.23%
SONY	C	0.23%
GD	C	0.23%
AMGN	D	0.23%
ETN	C	0.21%
PM	D	0.2%
T	A	0.2%
ORLY	A	0.2%
UL	D	0.19%
ABBV	B	0.19%
HON	C	0.19%
IBN	C	0.18%
ADI	C	0.18%
CSX	D	0.18%
JCI	C	0.17%
PGR	C	0.17%
COP	D	0.17%
MPC	C	0.17%
CMCSA	C	0.17%
NOC	B	0.17%
NSC	D	0.16%
ISRG	C	0.16%
TEL	D	0.16%
INFY	C	0.16%
PRU	C	0.15%
PNC	C	0.15%
GE	C	0.15%
PH	B	0.15%
SPG	A	0.14%
CNI	D	0.14%
SCHW	D	0.14%
EOG	B	0.14%
MUFG	F	0.14%
SYY	D	0.13%
TD	B	0.13%
KEYS	C	0.13%
RDY	D	0.13%
FAST	C	0.12%
COF	C	0.12%
IR	B	0.12%
REGN	D	0.12%
MELI	D	0.11%
HES	C	0.11%
UPS	D	0.11%
MMM	C	0.11%
MTB	C	0.11%
ROIC	C	0.1%
SHOP	C	0.1%
BA	F	0.1%
CHTR	D	0.09%
CHT	C	0.09%
CHRW	C	0.09%
CME	A	0.09%
UMH	C	0.09%
PDD	B	0.09%
AZN	D	0.09%
VALE	C	0.08%
APD	C	0.08%
LYB	F	0.08%
DEO	C	0.08%
MO	D	0.08%
BIIB	F	0.08%
NXRT	D	0.07%
EXC	A	0.07%
HDB	D	0.07%
WMB	A	0.07%
ANET	A	0.07%
F	D	0.07%
SMFG	D	0.07%
CHD	D	0.07%
PLTR	A	0.07%
TCOM	B	0.07%
FE	C	0.07%
VGR	B	0.07%
SO	A	0.07%
UMC	D	0.07%
STLA	F	0.06%
LYG	D	0.06%
TMUS	A	0.06%
EQR	C	0.06%
WIT	C	0.06%
BCS	D	0.06%
DEA	D	0.06%
JNPR	B	0.06%
PKX	D	0.06%
CARR	B	0.06%
NMR	F	0.05%
VLTO	A	0.05%
HAL	D	0.05%
GOOD	A	0.05%
BEN	F	0.05%
TTD	A	0.05%
FOXA	A	0.05%
OXY	D	0.05%
GEV	A	0.05%
E	B	0.05%
MOD	B	0.05%
PSX	D	0.05%
BX	C	0.05%
VRT	B	0.05%
MFG	D	0.05%
ITUB	D	0.05%
LNTH	C	0.04%
LW	D	0.04%
YUMC	B	0.04%
COIN	F	0.04%
TPR	C	0.04%
KB	D	0.04%
SE	B	0.04%
ALLE	A	0.04%
AXON	A	0.04%
TMDX	D	0.04%
FI	A	0.04%
MRVL	B	0.04%
ABNB	D	0.04%
EQIX	C	0.04%
SYF	B	0.04%
SQ	D	0.03%
IFF	C	0.03%
LNW	F	0.03%
SHG	D	0.03%
AXNX	A	0.03%
MSTR	B	0.03%
BABA	B	0.03%
KMI	A	0.03%
APP	A	0.03%
HOV	D	0.03%
RCL	C	0.03%
NET	D	0.03%
TAC	A	0.03%
HCA	C	0.03%
DASH	B	0.03%
TBBK	B	0.03%
BRSP	D	0.03%
SNOW	F	0.03%
PBR	B	0.03%
BBD	B	0.03%
HMC	D	0.03%
MPWR	B	0.03%
AA	B	0.03%
LDOS	A	0.03%
DX	C	0.03%
BIDU	B	0.03%
KVUE	C	0.03%
VEEV	C	0.02%
BLDR	B	0.02%
NUE	C	0.02%
TDG	B	0.02%
ACEL	C	0.02%
PINS	C	0.02%
GRBK	C	0.02%
GGB	B	0.02%
RBLX	D	0.02%
TTGT	F	0.02%
ZM	C	0.02%
PARA	F	0.02%
DYN	D	0.02%
AIV	D	0.02%
AZEK	C	0.02%
ZS	F	0.02%
SKY	B	0.02%
AHH	F	0.02%
CHCT	F	0.02%
TEAM	D	0.02%
CFG	D	0.02%
WBD	D	0.02%
MDB	D	0.02%
URI	C	0.02%
MOS	F	0.02%
ABEV	B	0.02%
CHX	C	0.02%
FSLR	C	0.02%
DKNG	D	0.02%
DELL	C	0.02%
CF	A	0.02%
FICO	A	0.02%
QTWO	C	0.02%
WTTR	B	0.02%
ADMA	C	0.02%
GOLD	C	0.02%
SMCI	F	0.02%
CVNA	A	0.02%
HIMS	C	0.02%
ITCI	D	0.02%
WDAY	D	0.02%
IIPR	C	0.02%
FTNT	B	0.02%
FTI	B	0.02%
MT	B	0.02%
DDOG	C	0.02%
LI	C	0.02%
VERV	F	0.01%
DT	B	0.01%
VMEO	C	0.01%
FATE	F	0.01%
RLAY	F	0.01%
EDIT	F	0.01%
NR	F	0.01%
M	F	0.01%
WSR	D	0.01%
SQM	D	0.01%
LAZR	F	0.01%
CMPR	F	0.01%
JBI	F	0.01%
VICR	B	0.01%
CCO	D	0.01%
LASR	F	0.01%
GTLB	D	0.01%
BZ	B	0.01%
CHPT	F	0.01%
USLM	C	0.01%
ACMR	D	0.01%
FLNC	C	0.01%
JELD	C	0.01%
PIXY	F	0.01%
OGN	F	0.01%
CDE	C	0.01%
DXC	B	0.01%
QS	F	0.01%
AUPH	C	0.01%
GATO	B	0.01%
PTEN	F	0.01%
CCB	C	0.01%
PACB	F	0.01%
KOP	F	0.01%
ITRI	C	0.01%
VKTX	B	0.01%
COHR	A	0.01%
OPEN	F	0.01%
LCID	D	0.01%
PACK	F	0.01%
NOV	F	0.01%
LIND	D	0.01%
GNRC	B	0.01%
BTU	B	0.01%
KYMR	D	0.01%
BLFS	D	0.01%
TGI	F	0.01%
EXPI	C	0.01%
IMVT	F	0.01%
DLR	C	0.01%
BCRX	D	0.01%
EVH	D	0.01%
KD	D	0.01%
FBK	D	0.01%
FRO	B	0.01%
RLX	B	0.01%
BOOT	C	0.01%
SLP	F	0.01%
AMSC	C	0.01%
SMAR	A	0.01%
MCB	B	0.01%
JKS	B	0.01%
DOCS	A	0.01%
PCH	C	0.01%
ALEX	D	0.01%
PAY	D	0.01%
IDYA	F	0.01%
ASPN	D	0.01%
UPST	C	0.01%
PEN	D	0.01%
MDGL	F	0.01%
BLBD	D	0.01%
PHI	B	0.01%
ULH	B	0.01%
RUN	D	0.01%
W	D	0.01%
RCUS	F	0.01%
CLSK	F	0.01%
CELH	F	0.01%
CENX	C	0.01%
YETI	C	0.01%
MGNI	D	0.01%
PRTA	F	0.01%
CASH	D	0.01%
OMI	F	0.01%
DQ	B	0.01%
OSW	C	0.01%
PTCT	C	0.01%
SRPT	F	0.01%
BBWI	F	0.01%
EFC	D	0.01%
CLNE	C	0.01%
PTON	C	0.01%
PNTG	C	0.01%
TTI	D	0.01%
MCRI	C	0.01%
ALGN	D	0.01%
AGNC	C	0.01%
LUMN	C	0.01%
U	D	0.01%
BGNE	B	0.01%
CYH	C	0.01%
GSAT	F	0.01%
LWLG	F	0.01%
CLDX	F	0.01%
DOCU	B	0.01%
RNA	B	0.01%
INMD	F	0.01%
CZR	B	0.01%
VSTO	B	0.01%
COLL	B	0.01%
HASI	B	0.01%
TWLO	B	0.01%
RVLV	C	0.01%
PHR	F	0.01%
NBR	D	0.01%
LOB	C	0.01%
ALNY	C	0.01%
FUTU	B	0.01%
AAON	B	0.01%
MARA	F	0.01%
SOFI	C	0.01%
FOUR	B	0.01%
Z	C	0.01%
TREX	D	0.01%
BZH	C	0.01%
INTA	C	0.01%
SEMR	C	0.01%
DH	F	0.01%
CPRX	C	0.01%
SQ	D	0.01%
MNDY	B	0.01%
AUR	C	0.01%
ALB	D	0.01%
SDGR	F	0.01%
RDNT	C	0.01%
MRC	D	0.01%
ROKU	B	0.01%
BHF	F	0.01%
GME	D	0.01%
CLDT	D	0.01%
CLBT	C	0.01%
LBRDK	B	0.01%
THR	F	0.01%
HSTM	B	0.01%
MBIN	D	0.01%
CROX	C	0.01%
GMS	C	0.01%
ARWR	F	0.01%
ENS	D	0.01%
EXAS	C	0.01%
PBF	F	0.01%
TWST	D	0.01%
TDOC	D	0.01%
SID	D	0.01%
RDFN	C	0.01%
FIS	B	0.01%
APA	F	0.01%
EPAM	F	0.01%
AKRO	C	0.01%
AKO.A	B	0.01%
CCS	C	0.01%
TME	B	0.01%
FLNG	B	0.01%
VNT	F	0.01%
RKLB	B	0.01%
DVAX	D	0.01%
ERJ	C	0.01%
TOST	B	0.01%
RIVN	F	0.01%
SCCO	B	0.01%
VERX	A	0.01%
NWSA	D	0.01%
GERN	D	0.01%
TREE	C	0.01%
POWL	B	0.01%
XPEV	B	0.01%
ILMN	B	0.01%
ZETA	B	0.01%
VTRS	D	0.01%
MATX	C	0.01%
KEX	C	0.01%
KOS	F	0.01%
ORA	C	0.01%
BBIO	F	0.01%
PLAY	D	0.01%
IMXI	F	0.01%
BEKE	A	0.01%
APH	D	0.01%
TGTX	D	0.01%
MHO	C	0.01%
ABR	C	0.01%
MTDR	F	0.01%
CNH	D	0.01%
DDD	D	0.01%
COMP	C	0.01%
RYTM	C	0.01%
AFRM	C	0.01%
SOLV	C	0.01%
KSS	D	0.01%
PLMR	B	0.01%
NIO	B	0.01%
EPRT	C	0.01%
ENPH	F	0.01%
DVN	F	0.01%
VIPS	B	0.01%
GMRE	C	0.01%
ALLY	F	0.01%
TEVA	D	0.01%
AGYS	D	0.01%
INSP	C	0.01%
ON	F	0.01%
WBA	F	0.01%
TAL	B	0.01%
DXCM	F	0.01%
OII	C	0.01%
KRYS	D	0.0%
XPEV	B	0.0%
LI	C	0.0%
SMWB	C	0.0%
SCLX	F	0.0%
JOBY	B	0.0%
JAMF	F	0.0%
OEC	F	0.0%
AGL	F	0.0%
MP	B	0.0%
TH	F	0.0%
BMBL	F	0.0%
FLWS	F	0.0%
CRCT	C	0.0%
CGEM	F	0.0%
DAN	D	0.0%
FNA	F	0.0%
WOLF	F	0.0%
OVV	D	0.0%
ZEUS	F	0.0%
BOC	D	0.0%
MLCO	B	0.0%
SNCY	D	0.0%
TPB	C	0.0%
DENN	D	0.0%
SPRY	C	0.0%
KE	F	0.0%
MLNK	F	0.0%
SHEN	F	0.0%
PKST	D	0.0%
ASTH	A	0.0%
PRVA	F	0.0%
HDSN	F	0.0%
LGIH	C	0.0%
KRNT	B	0.0%
LSCC	D	0.0%
MXL	D	0.0%
MNSO	B	0.0%
OLO	F	0.0%
FLGT	F	0.0%
EYE	F	0.0%
TMCI	F	0.0%
SAGE	F	0.0%
DJT	F	0.0%
PUMP	D	0.0%
ORLA	C	0.0%
VIR	F	0.0%
CEVA	B	0.0%
PD	F	0.0%
CTKB	F	0.0%
FSBC	D	0.0%
MGPI	F	0.0%
ITOS	F	0.0%
CHRD	F	0.0%
PFC	D	0.0%
GRPN	F	0.0%
PARR	F	0.0%
REPL	B	0.0%
FIGS	C	0.0%
OLPX	C	0.0%
MRVI	F	0.0%
RGNX	F	0.0%
SEDG	F	0.0%
IRTC	F	0.0%
CRSR	D	0.0%
RENB	F	0.0%
GOGO	F	0.0%
ZUO	F	0.0%
BVN	C	0.0%
XPOF	F	0.0%
MDXG	F	0.0%
HAE	D	0.0%
HE	F	0.0%
ATEC	F	0.0%
KRUS	D	0.0%
ETNB	F	0.0%
CNDT	B	0.0%
NABL	F	0.0%
SWBI	F	0.0%
HOG	D	0.0%
ICHR	D	0.0%
ELVN	B	0.0%
CAR	F	0.0%
BROS	F	0.0%
MAT	D	0.0%
GDS	B	0.0%
HUMA	D	0.0%
MAX	C	0.0%
NCNO	D	0.0%
RIG	F	0.0%
LPRO	D	0.0%
LYEL	F	0.0%
APPN	B	0.0%
SAVA	D	0.0%
CECO	D	0.0%
QFIN	B	0.0%
CXM	F	0.0%
APLS	F	0.0%
SGRY	C	0.0%
OLMA	F	0.0%
LAND	D	0.0%
CEIX	B	0.0%
CUBI	F	0.0%
MBAVU	C	0.0%
COTY	F	0.0%
DNOW	F	0.0%
IBP	C	0.0%
LMND	F	0.0%
PDFS	F	0.0%
HURN	D	0.0%
SM	C	0.0%
THO	C	0.0%
XHR	C	0.0%
NARI	F	0.0%
THRM	F	0.0%
SVC	F	0.0%
NEXT	F	0.0%
TLRY	F	0.0%
NMIH	C	0.0%
LESL	F	0.0%
QTRX	F	0.0%
ULCC	D	0.0%
PUBM	F	0.0%
ATEN	B	0.0%
IDT	C	0.0%
CALX	D	0.0%
PRO	F	0.0%
DGII	B	0.0%
SHLS	F	0.0%
RXST	F	0.0%
SHC	C	0.0%
GKOS	C	0.0%
ENIC	F	0.0%
ADUS	D	0.0%
TASK	F	0.0%
ESTA	F	0.0%
GH	F	0.0%
LILAK	D	0.0%
UVV	D	0.0%
HAYN	B	0.0%
AOSL	D	0.0%
ATRO	D	0.0%
KRNY	C	0.0%
EB	F	0.0%
CLF	F	0.0%
XPRO	F	0.0%
S	D	0.0%
MQ	F	0.0%
SIBN	F	0.0%
UCTT	D	0.0%
MERC	D	0.0%
CHEF	D	0.0%
DBI	F	0.0%
SOUN	D	0.0%
YMAB	B	0.0%
PENN	D	0.0%
CFLT	F	0.0%
HRI	C	0.0%
FVRR	D	0.0%
HAYW	C	0.0%
FDMT	F	0.0%
ARLO	F	0.0%
SABR	C	0.0%
AMRC	C	0.0%
ALHC	C	0.0%
FIVN	F	0.0%
IOVA	F	0.0%
TITN	F	0.0%
VNET	B	0.0%
RRC	B	0.0%
ARQT	C	0.0%
MNTK	D	0.0%
FIZZ	F	0.0%
EGBN	B	0.0%
SITM	B	0.0%
EYPT	F	0.0%
GLBE	C	0.0%
IAS	F	0.0%
VCYT	C	0.0%
ENVA	C	0.0%
YOU	C	0.0%
SKE	C	0.0%
ORIC	D	0.0%
BHB	D	0.0%
NVCR	F	0.0%
EMBC	F	0.0%
STAA	F	0.0%
AR	B	0.0%
NNDM	C	0.0%
FRSH	F	0.0%
METC	D	0.0%
CYTK	D	0.0%
DHI	C	0.0%
VSCO	C	0.0%
NVRI	D	0.0%
VZIO	A	0.0%
NEOG	F	0.0%
CYRX	F	0.0%
IIIV	D	0.0%
WGO	D	0.0%
STOK	D	0.0%
HL	C	0.0%
ZI	D	0.0%
AMRK	B	0.0%
YY	C	0.0%
MTW	F	0.0%
BIGC	F	0.0%
OSPN	D	0.0%
BRBR	A	0.0%
SIGA	F	0.0%
HTHT	B	0.0%
AX	D	0.0%
ARRY	F	0.0%
ALT	F	0.0%
ATHM	B	0.0%
ARDX	D	0.0%
FSLY	D	0.0%
GRAB	C	0.0%
LXRX	F	0.0%
CDMO	D	0.0%
AVNS	D	0.0%
SQSP	A	0.0%
AMC	F	0.0%
RVNC	D	0.0%
GNK	D	0.0%
NX	F	0.0%
BEAM	F	0.0%
BXC	D	0.0%
LMB	B	0.0%
NTRA	B	0.0%
RVMD	B	0.0%
CRMT	F	0.0%
PODD	C	0.0%
JANX	C	0.0%
FC	C	0.0%
GXO	D	0.0%
FROG	F	0.0%
CNC	F	0.0%
APPF	C	0.0%
INDI	F	0.0%
EWCZ	F	0.0%
TRUP	D	0.0%
UNIT	B	0.0%
CDNA	B	0.0%
ADNT	D	0.0%
DIN	D	0.0%
GDOT	D	0.0%
QNST	C	0.0%
PCVX	C	0.0%
CCBG	D	0.0%
UEC	B	0.0%
IAG	C	0.0%
YEXT	C	0.0%
MEG	F	0.0%
BRZE	F	0.0%
SMR	B	0.0%
WRBY	B	0.0%
SNDX	F	0.0%
INN	B	0.0%
ESTC	F	0.0%
ACHR	F	0.0%
AXSM	C	0.0%
FUBO	F	0.0%
RKT	D	0.0%
DHC	C	0.0%
ATUS	B	0.0%
ERAS	D	0.0%
KIM	C	0.0%
MOMO	B	0.0%
WOOF	A	0.0%
NTLA	F	0.0%
ATKR	F	0.0%
ELF	F	0.0%
TNDM	D	0.0%
DUOL	B	0.0%
TTWO	F	0.0%
WULF	C	0.0%
PL	D	0.0%
NUVB	F	0.0%
GDRX	F	0.0%
LYFT	D	0.0%
REZI	D	0.0%
UWMC	D	0.0%
CSTL	C	0.0%
SAM	C	0.0%
XMTR	D	0.0%
UPWK	D	0.0%
VVI	B	0.0%
TUYA	B	0.0%
TRNS	D	0.0%
TELL	B	0.0%
RNG	D	0.0%
SANA	F	0.0%
PCG	C	0.0%
DFH	C	0.0%
CASS	F	0.0%
PAR	D	0.0%
AMPS	F	0.0%
NCLH	C	0.0%
INSW	B	0.0%
DCO	C	0.0%
RXRX	F	0.0%
PLPC	D	0.0%
KC	B	0.0%
MTCH	B	0.0%
IBUY	B	0.0%
SPT	F	0.0%
ETSY	F	0.0%
VRNS	C	0.0%
ARVN	F	0.0%
KLG	D	0.0%
ALEC	F	0.0%
PFSI	C	0.0%
ENFN	C	0.0%
CLOV	A	0.0%
IIIN	F	0.0%
LSPD	B	0.0%
TXG	F	0.0%
ARCT	D	0.0%
MNMD	F	0.0%
VPG	F	0.0%
REPX	B	0.0%
RLJ	D	0.0%
LEU	B	0.0%
ACVA	C	0.0%
NSSC	F	0.0%
ANF	F	0.0%
EQT	B	0.0%
CERT	F	0.0%
CSGP	F	0.0%
NUVL	B	0.0%
TIGR	B	0.0%
PRG	C	0.0%
HSII	D	0.0%
HCP	A	0.0%
PGC	D	0.0%
OSCR	C	0.0%
SPR	F	0.0%
KEP	F	0.0%
RAMP	F	0.0%
ASAN	F	0.0%
CIG	C	0.0%
IQ	D	0.0%
CHGX	B	0.0%
DOCN	C	0.0%
RCKT	F	0.0%
RPAY	F	0.0%
LC	C	0.0%
SITE	D	0.0%
HEES	C	0.0%
FLYW	F	0.0%
BLND	C	0.0%
ACLS	F	0.0%
PTGX	C	0.0%
BJRI	C	0.0%
CIFR	D	0.0%
DMRC	F	0.0%
PRCT	C	0.0%
RGEN	F	0.0%
CARS	F	0.0%
GPN	F	0.0%
CC	D	0.0%
AMG	B	0.0%
CIB	F	0.0%
VRDN	B	0.0%
WRLD	D	0.0%
EXTR	C	0.0%
PATH	F	0.0%
EVRI	A	0.0%
PETQ	A	0.0%
BASE	F	0.0%
CTLP	B	0.0%
HUYA	B	0.0%
VITL	B	0.0%
NVAX	C	0.0%
NEO	F	0.0%
BYND	D	0.0%
SONO	D	0.0%
WIX	D	0.0%
DRH	D	0.0%
PLAB	C	0.0%
BE	F	0.0%
ROCK	D	0.0%
ZLAB	B	0.0%
NPAB	D	0.0%
WEAV	B	0.0%
AI	F	0.0%
PHAT	B	0.0%
NRIX	D	0.0%
ALLO	D	0.0%
PLUG	F	0.0%
ODFL	F	0.0%
PCT	C	0.0%
REG	C	0.0%
SRRK	F	0.0%
BILL	D	0.0%
ALKT	D	0.0%
GDYN	B	0.0%
MITK	F	0.0%
AAOI	C	0.0%
BILI	B	0.0%
ENVX	D	0.0%
RIOT	F	0.0%
NOVA	D	0.0%
ELAN	C	0.0%
AMR	F	0.0%
KREF	C	0.0%
LEGH	D	0.0%
APLD	B	0.0%

SPGM Underweight 91 Positions Relative to ESG

Symbol	Grade	Weight
CTAS	C	-0.36%
WELL	C	-0.31%
APO	B	-0.29%
MAR	B	-0.26%
HLT	B	-0.24%
FLUT	C	-0.21%
TFC	D	-0.19%
CBRE	B	-0.19%
KR	C	-0.19%
VICI	C	-0.18%
AJG	D	-0.16%
IT	B	-0.16%
AWK	C	-0.15%
WTW	C	-0.15%
GWW	B	-0.15%
IQV	F	-0.14%
IRM	A	-0.14%
HIG	B	-0.14%
ROK	C	-0.13%
VRSK	C	-0.13%
NDAQ	B	-0.13%
EW	F	-0.13%
TSCO	B	-0.13%
SRE	B	-0.13%
MSCI	B	-0.12%
WY	C	-0.12%
XYL	C	-0.11%
WSM	B	-0.1%
BBY	C	-0.1%
OMC	C	-0.1%
DECK	B	-0.1%
CAH	B	-0.09%
LII	C	-0.09%
AZO	D	-0.09%
FDS	C	-0.09%
STZ	D	-0.08%
CCEP	D	-0.08%
WAB	B	-0.08%
AIG	F	-0.08%
BALL	C	-0.08%
BR	B	-0.08%
D	A	-0.08%
PFG	C	-0.08%
RSG	C	-0.07%
GEN	B	-0.07%
LNG	A	-0.07%
VTR	C	-0.07%
ETR	A	-0.07%
KDP	C	-0.07%
FITB	C	-0.07%
SUI	D	-0.06%
LNT	A	-0.06%
RPRX	D	-0.06%
ARE	D	-0.06%
HOLX	D	-0.06%
ESS	D	-0.06%
ACM	A	-0.06%
XEL	B	-0.06%
ED	A	-0.06%
IPG	D	-0.06%
ZBRA	C	-0.06%
DOV	B	-0.05%
NDSN	C	-0.05%
NRG	A	-0.05%
FANG	C	-0.05%
SWK	C	-0.05%
DOX	B	-0.05%
CMS	A	-0.05%
HBAN	D	-0.05%
RF	C	-0.05%
WST	D	-0.04%
IEX	D	-0.04%
DPZ	D	-0.04%
AKAM	D	-0.04%
KEY	C	-0.04%
NI	A	-0.04%
ZBH	F	-0.04%
OC	C	-0.03%
DG	F	-0.03%
LECO	F	-0.03%
TFX	C	-0.03%
AVTR	D	-0.03%
JBL	C	-0.03%
EXPD	D	-0.03%
BG	F	-0.03%
MAS	A	-0.03%
DKS	D	-0.02%
FFIV	B	-0.02%
LKQ	F	-0.02%
RNR	A	-0.02%
PSTG	F	-0.02%