SPGM vs. EUSA ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to iShares MSCI USA Index Fund (EUSA)

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

$63.88

Average Daily Volume

56,050

Number of Holdings ^*

1002

* may have additional holdings in another (foreign) market

EUSA

iShares MSCI USA Index Fund

EUSA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI USA Index (the "underlying index"). The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a market capitalization-weighted index designed to measure the performance of equity securities in the top 85% by market capitalization of equity securities listed on stock exchanges in the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.96

Average Daily Volume

47,191

Number of Holdings ^*

591

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	EUSA
30 Days	-1.62%	0.69%
60 Days	1.31%	4.49%
90 Days	3.15%	7.57%
12 Months	24.62%	29.53%

335 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in EUSA	Overlap
A	D	0.21%	0.15%	0.15%
AAPL	C	3.64%	0.15%	0.15%
ABBV	F	0.19%	0.16%	0.16%
ABBV	F	0.43%	0.16%	0.16%
ABNB	C	0.05%	0.18%	0.05%
ABT	B	0.34%	0.16%	0.16%
ACN	C	0.28%	0.16%	0.16%
ADBE	F	0.33%	0.14%	0.14%
ADI	D	0.17%	0.16%	0.16%
ADM	D	0.08%	0.14%	0.08%
ADP	B	0.23%	0.18%	0.18%
ADSK	B	0.01%	0.19%	0.01%
AEP	C	0.16%	0.15%	0.15%
AES	F	0.01%	0.12%	0.01%
AFL	C	0.25%	0.18%	0.18%
ALB	C	0.01%	0.19%	0.01%
ALGN	D	0.01%	0.15%	0.01%
ALL	A	0.15%	0.17%	0.15%
ALLE	D	0.04%	0.17%	0.04%
ALLY	C	0.02%	0.14%	0.02%
ALNY	D	0.01%	0.15%	0.01%
AMAT	F	0.26%	0.15%	0.15%
AMD	F	0.24%	0.15%	0.15%
AMGN	D	0.23%	0.15%	0.15%
AMT	D	0.16%	0.14%	0.14%
AMZN	B	2.14%	0.18%	0.18%
ANET	C	0.08%	0.18%	0.08%
AON	A	0.08%	0.18%	0.08%
APA	F	0.01%	0.12%	0.01%
APD	A	0.08%	0.18%	0.08%
APH	B	0.01%	0.17%	0.01%
APP	A	0.03%	0.52%	0.03%
APTV	F	0.0%	0.13%	0.0%
AVGO	C	0.93%	0.17%	0.17%
AXON	A	0.04%	0.25%	0.04%
AXP	A	0.37%	0.18%	0.18%
BA	F	0.11%	0.14%	0.11%
BAC	A	0.5%	0.18%	0.18%
BAX	F	0.06%	0.15%	0.06%
BBWI	C	0.01%	0.14%	0.01%
BDX	F	0.17%	0.15%	0.15%
BEN	C	0.05%	0.15%	0.05%
BIIB	F	0.07%	0.13%	0.07%
BK	A	0.19%	0.19%	0.19%
BKNG	A	0.31%	0.21%	0.21%
BKR	A	0.03%	0.2%	0.03%
BLDR	D	0.01%	0.17%	0.01%
BMY	B	0.14%	0.17%	0.14%
BRK.A	A	0.71%	0.17%	0.17%
BSX	B	0.14%	0.18%	0.14%
BURL	C	0.0%	0.16%	0.0%
BX	A	0.06%	0.21%	0.06%
C	A	0.26%	0.18%	0.18%
CAG	F	0.05%	0.14%	0.05%
CARR	D	0.06%	0.17%	0.06%
CAT	B	0.32%	0.18%	0.18%
CB	C	0.26%	0.16%	0.16%
CCL	A	0.02%	0.25%	0.02%
CDNS	B	0.07%	0.17%	0.07%
CEG	D	0.13%	0.2%	0.13%
CELH	F	0.01%	0.11%	0.01%
CF	A	0.02%	0.16%	0.02%
CFG	A	0.02%	0.18%	0.02%
CHD	A	0.07%	0.16%	0.07%
CHRD	F	0.0%	0.14%	0.0%
CHRW	A	0.09%	0.17%	0.09%
CHTR	B	0.11%	0.18%	0.11%
CI	D	0.07%	0.15%	0.07%
CL	D	0.12%	0.14%	0.12%
CLX	A	0.12%	0.17%	0.12%
CMCSA	B	0.19%	0.17%	0.17%
CME	A	0.09%	0.17%	0.09%
CMG	B	0.1%	0.17%	0.1%
CMI	A	0.25%	0.18%	0.18%
CNC	F	0.0%	0.12%	0.0%
CNH	D	0.01%	0.17%	0.01%
COF	A	0.15%	0.21%	0.15%
COIN	A	0.05%	0.21%	0.05%
COP	C	0.18%	0.15%	0.15%
COST	B	0.55%	0.17%	0.17%
CRM	A	0.46%	0.19%	0.19%
CRWD	B	0.08%	0.19%	0.08%
CSCO	B	0.35%	0.18%	0.18%
CSGP	F	0.0%	0.16%	0.0%
CSX	B	0.2%	0.17%	0.17%
CTSH	B	0.13%	0.17%	0.13%
CTVA	D	0.08%	0.17%	0.08%
CVS	F	0.14%	0.15%	0.14%
CVX	A	0.34%	0.17%	0.17%
DASH	B	0.03%	0.21%	0.03%
DD	D	0.08%	0.17%	0.08%
DDOG	B	0.03%	0.17%	0.03%
DE	D	0.18%	0.16%	0.16%
DELL	C	0.02%	0.19%	0.02%
DFS	A	0.21%	0.2%	0.2%
DHI	D	0.0%	0.15%	0.0%
DHR	D	0.3%	0.14%	0.14%
DIS	A	0.25%	0.17%	0.17%
DKNG	B	0.02%	0.18%	0.02%
DLR	A	0.01%	0.19%	0.01%
DLTR	F	0.04%	0.1%	0.04%
DOC	D	0.05%	0.16%	0.05%
DOCU	A	0.01%	0.22%	0.01%
DOW	F	0.06%	0.14%	0.06%
DT	C	0.01%	0.16%	0.01%
DUK	C	0.1%	0.16%	0.1%
DVN	F	0.01%	0.14%	0.01%
DXCM	C	0.02%	0.15%	0.02%
EA	A	0.0%	0.17%	0.0%
EBAY	D	0.1%	0.17%	0.1%
ECL	D	0.14%	0.16%	0.14%
EIX	C	0.11%	0.15%	0.11%
EL	F	0.04%	0.11%	0.04%
ELV	F	0.18%	0.12%	0.12%
EMR	A	0.2%	0.19%	0.19%
ENPH	F	0.01%	0.09%	0.01%
EOG	A	0.15%	0.16%	0.15%
EPAM	B	0.01%	0.18%	0.01%
EQIX	B	0.04%	0.17%	0.04%
EQR	C	0.06%	0.16%	0.06%
EQT	A	0.0%	0.19%	0.0%
ETN	A	0.23%	0.19%	0.19%
EXAS	F	0.01%	0.14%	0.01%
EXC	C	0.06%	0.16%	0.06%
EXPE	A	0.01%	0.21%	0.01%
F	C	0.07%	0.16%	0.07%
FAST	B	0.14%	0.19%	0.14%
FCX	F	0.04%	0.17%	0.04%
FDX	A	0.17%	0.15%	0.15%
FE	C	0.07%	0.15%	0.07%
FI	A	0.05%	0.21%	0.05%
FICO	A	0.02%	0.21%	0.02%
FIS	B	0.01%	0.19%	0.01%
FOXA	A	0.05%	0.11%	0.05%
FSLR	F	0.02%	0.14%	0.02%
FTNT	A	0.02%	0.19%	0.02%
FTV	D	0.06%	0.16%	0.06%
GD	D	0.24%	0.16%	0.16%
GE	D	0.14%	0.17%	0.14%
GEHC	D	0.02%	0.16%	0.02%
GEV	A	0.07%	0.29%	0.07%
GILD	B	0.19%	0.2%	0.19%
GIS	D	0.05%	0.14%	0.05%
GLW	B	0.15%	0.19%	0.15%
GM	A	0.09%	0.19%	0.09%
GOOG	B	1.11%	0.08%	0.08%
GOOGL	B	1.11%	0.09%	0.09%
GPN	B	0.0%	0.16%	0.0%
GS	A	0.37%	0.19%	0.19%
HAL	C	0.05%	0.15%	0.05%
HCA	D	0.02%	0.15%	0.02%
HD	A	0.53%	0.17%	0.17%
HES	B	0.11%	0.16%	0.11%
HON	A	0.2%	0.17%	0.17%
HPE	B	0.07%	0.18%	0.07%
HPQ	B	0.11%	0.17%	0.11%
HST	D	0.0%	0.17%	0.0%
HSY	F	0.12%	0.14%	0.12%
HUBS	A	0.02%	0.21%	0.02%
IBM	D	0.28%	0.17%	0.17%
ICE	D	0.1%	0.15%	0.1%
IDXX	F	0.0%	0.14%	0.0%
IFF	D	0.02%	0.15%	0.02%
ILMN	C	0.01%	0.18%	0.01%
INTC	C	0.14%	0.2%	0.14%
INTU	A	0.35%	0.16%	0.16%
IR	A	0.13%	0.18%	0.13%
ISRG	A	0.17%	0.17%	0.17%
ITW	B	0.14%	0.17%	0.14%
JCI	A	0.17%	0.19%	0.17%
JNJ	D	0.4%	0.15%	0.15%
JNPR	D	0.06%	0.16%	0.06%
JPM	A	0.95%	0.17%	0.17%
K	B	0.06%	0.16%	0.06%
KEYS	C	0.13%	0.19%	0.13%
KHC	F	0.0%	0.15%	0.0%
KIM	A	0.0%	0.17%	0.0%
KKR	A	0.11%	0.2%	0.11%
KLAC	F	0.04%	0.13%	0.04%
KMB	C	0.11%	0.15%	0.11%
KMI	A	0.03%	0.2%	0.03%
KO	D	0.29%	0.14%	0.14%
KVUE	A	0.03%	0.17%	0.03%
LDOS	C	0.04%	0.2%	0.04%
LIN	D	0.33%	0.16%	0.16%
LLY	F	0.71%	0.14%	0.14%
LMT	D	0.25%	0.16%	0.16%
LOW	A	0.3%	0.18%	0.18%
LRCX	F	0.07%	0.14%	0.07%
LULU	C	0.02%	0.18%	0.02%
LVS	C	0.04%	0.19%	0.04%
LW	C	0.04%	0.21%	0.04%
LYB	F	0.07%	0.14%	0.07%
MA	A	0.43%	0.19%	0.19%
MCD	D	0.23%	0.16%	0.16%
MCK	A	0.22%	0.17%	0.17%
MCO	C	0.02%	0.16%	0.02%
MDB	C	0.02%	0.18%	0.02%
MDLZ	F	0.05%	0.15%	0.05%
MDT	D	0.23%	0.16%	0.16%
MELI	D	0.11%	0.15%	0.11%
MET	A	0.2%	0.19%	0.19%
META	C	1.45%	0.17%	0.17%
MKC	D	0.11%	0.15%	0.11%
MMC	C	0.17%	0.16%	0.16%
MMM	D	0.11%	0.16%	0.11%
MO	A	0.09%	0.17%	0.09%
MOS	D	0.02%	0.16%	0.02%
MPC	D	0.16%	0.14%	0.14%
MPWR	F	0.03%	0.13%	0.03%
MRK	F	0.32%	0.14%	0.14%
MRNA	F	0.02%	0.08%	0.02%
MRO	A	0.07%	0.16%	0.07%
MRVL	B	0.05%	0.21%	0.05%
MS	A	0.31%	0.2%	0.2%
MSFT	D	3.34%	0.16%	0.16%
MSTR	B	0.04%	0.32%	0.04%
MTB	A	0.13%	0.2%	0.13%
MTCH	F	0.0%	0.13%	0.0%
MU	D	0.08%	0.16%	0.08%
NEE	C	0.24%	0.15%	0.15%
NEM	F	0.04%	0.14%	0.04%
NET	C	0.03%	0.17%	0.03%
NFLX	A	0.35%	0.18%	0.18%
NKE	D	0.18%	0.14%	0.14%
NOC	D	0.17%	0.16%	0.16%
NOW	B	0.15%	0.19%	0.15%
NSC	B	0.17%	0.18%	0.17%
NTAP	D	0.1%	0.15%	0.1%
NUE	D	0.02%	0.17%	0.02%
NVDA	B	4.05%	0.18%	0.18%
NWSA	B	0.01%	0.17%	0.01%
NXPI	F	0.01%	0.14%	0.01%
ODFL	B	0.01%	0.18%	0.01%
OKTA	D	0.01%	0.12%	0.01%
ON	F	0.01%	0.14%	0.01%
ORCL	A	0.42%	0.21%	0.21%
ORLY	A	0.22%	0.17%	0.17%
OTIS	D	0.04%	0.17%	0.04%
OVV	C	0.0%	0.16%	0.0%
OXY	F	0.05%	0.14%	0.05%
PANW	B	0.11%	0.17%	0.11%
PARA	C	0.02%	0.16%	0.02%
PCG	A	0.0%	0.17%	0.0%
PEG	C	0.14%	0.17%	0.14%
PEP	F	0.26%	0.15%	0.15%
PFE	F	0.19%	0.14%	0.14%
PG	C	0.45%	0.15%	0.15%
PGR	B	0.17%	0.17%	0.17%
PH	A	0.17%	0.19%	0.17%
PINS	F	0.02%	0.14%	0.02%
PLD	D	0.22%	0.15%	0.15%
PLTR	A	0.11%	0.28%	0.11%
PM	A	0.2%	0.17%	0.17%
PNC	A	0.16%	0.18%	0.16%
PNR	A	0.01%	0.19%	0.01%
PODD	A	0.0%	0.23%	0.0%
PPL	A	0.08%	0.16%	0.08%
PRU	A	0.15%	0.18%	0.15%
PSA	C	0.21%	0.16%	0.16%
PSX	C	0.05%	0.15%	0.05%
PYPL	A	0.14%	0.18%	0.14%
QCOM	F	0.28%	0.15%	0.15%
RBLX	B	0.02%	0.2%	0.02%
RCL	A	0.03%	0.22%	0.03%
REG	A	0.0%	0.16%	0.0%
REGN	F	0.1%	0.11%	0.1%
RIVN	F	0.01%	0.13%	0.01%
ROKU	D	0.01%	0.19%	0.01%
ROST	D	0.17%	0.15%	0.15%
RTX	D	0.33%	0.16%	0.16%
SBUX	A	0.19%	0.16%	0.16%
SCHW	A	0.16%	0.18%	0.16%
SHW	B	0.03%	0.17%	0.03%
SJM	F	0.07%	0.15%	0.07%
SLB	C	0.07%	0.15%	0.07%
SMCI	F	0.01%	0.06%	0.01%
SNAP	D	0.01%	0.2%	0.01%
SNOW	C	0.03%	0.14%	0.03%
SNPS	C	0.05%	0.16%	0.05%
SO	C	0.07%	0.16%	0.07%
SOLV	C	0.01%	0.19%	0.01%
SPG	A	0.14%	0.18%	0.14%
SPGI	C	0.23%	0.16%	0.16%
SQ	A	0.03%	0.18%	0.03%
SQ	A	0.01%	0.18%	0.01%
STT	A	0.08%	0.18%	0.08%
STX	D	0.07%	0.16%	0.07%
SYF	A	0.06%	0.22%	0.06%
SYK	A	0.19%	0.17%	0.17%
SYY	D	0.12%	0.16%	0.12%
T	A	0.21%	0.18%	0.18%
TDG	D	0.02%	0.16%	0.02%
TEAM	A	0.03%	0.24%	0.03%
TGT	D	0.12%	0.16%	0.12%
TJX	A	0.33%	0.16%	0.16%
TMO	D	0.41%	0.14%	0.14%
TMUS	A	0.06%	0.18%	0.06%
TOST	A	0.01%	0.25%	0.01%
TRV	A	0.2%	0.18%	0.18%
TSLA	B	0.89%	0.23%	0.23%
TSN	A	0.07%	0.15%	0.07%
TT	A	0.18%	0.18%	0.18%
TTD	B	0.05%	0.19%	0.05%
TTWO	A	0.0%	0.18%	0.0%
TWLO	A	0.01%	0.24%	0.01%
TXN	C	0.39%	0.17%	0.17%
UBER	C	0.13%	0.15%	0.13%
UNH	B	0.67%	0.17%	0.17%
UNP	D	0.27%	0.15%	0.15%
UPS	C	0.11%	0.16%	0.11%
URI	B	0.02%	0.19%	0.02%
USB	B	0.13%	0.18%	0.13%
V	A	0.68%	0.19%	0.19%
VEEV	C	0.02%	0.19%	0.02%
VLO	C	0.11%	0.15%	0.11%
VLTO	D	0.04%	0.15%	0.04%
VRT	A	0.07%	0.26%	0.07%
VRTX	C	0.08%	0.17%	0.08%
VTRS	A	0.01%	0.18%	0.01%
VZ	C	0.13%	0.15%	0.13%
WBA	F	0.01%	0.13%	0.01%
WBD	B	0.02%	0.18%	0.02%
WDAY	B	0.02%	0.17%	0.02%
WDC	F	0.07%	0.17%	0.07%
WFC	A	0.42%	0.2%	0.2%
WM	B	0.22%	0.17%	0.17%
WMB	A	0.08%	0.2%	0.08%
WMT	A	0.4%	0.17%	0.17%
XOM	B	0.68%	0.16%	0.16%
YUM	D	0.11%	0.16%	0.11%
Z	A	0.01%	0.21%	0.01%
ZM	B	0.02%	0.21%	0.02%
ZS	B	0.02%	0.16%	0.02%
ZTS	D	0.09%	0.15%	0.09%

SPGM Overweight 667 Positions Relative to EUSA

Symbol	Grade	Weight
TSM	B	1.01%
TM	F	0.26%
NVS	D	0.23%
SONY	D	0.21%
BABA	D	0.21%
HSBH	A	0.2%
IBN	C	0.18%
UL	D	0.17%
INFY	D	0.16%
MUFG	A	0.16%
CNI	F	0.13%
ROIC	A	0.12%
RDY	D	0.12%
SHOP	A	0.11%
TD	D	0.11%
UMH	C	0.09%
SMFG	A	0.08%
AZN	F	0.08%
TCOM	B	0.08%
CHT	D	0.08%
PDD	F	0.08%
DEO	F	0.07%
NXRT	A	0.07%
BCS	A	0.07%
HDB	C	0.07%
VALE	F	0.07%
UMC	F	0.06%
MFG	A	0.06%
DEA	D	0.06%
WIT	B	0.06%
NMR	B	0.05%
STLA	F	0.05%
MOD	C	0.05%
LYG	C	0.05%
GOOD	B	0.05%
ITUB	D	0.05%
PKX	F	0.05%
E	F	0.05%
AA	A	0.04%
TPR	A	0.04%
SE	B	0.04%
YUMC	B	0.04%
KB	C	0.04%
AXNX	A	0.03%
FTI	A	0.03%
HMC	F	0.03%
LNW	D	0.03%
ITCI	B	0.03%
WTTR	A	0.03%
TAC	B	0.03%
PBR	D	0.03%
BBD	D	0.03%
NU	C	0.03%
HIMS	C	0.03%
LNTH	F	0.03%
BIDU	F	0.03%
TBBK	A	0.03%
CVNA	A	0.03%
BRSP	B	0.03%
DX	A	0.03%
INSP	F	0.02%
PLAY	C	0.02%
VERX	A	0.02%
AGYS	A	0.02%
ACEL	B	0.02%
RYTM	C	0.02%
DDD	C	0.02%
TAL	D	0.02%
AFRM	A	0.02%
SRRK	C	0.02%
GGB	B	0.02%
AIV	C	0.02%
AZEK	B	0.02%
OII	B	0.02%
SKY	A	0.02%
POWL	C	0.02%
ABEV	D	0.02%
AHH	D	0.02%
CHCT	C	0.02%
TTGT	C	0.02%
GOLD	F	0.02%
TMDX	F	0.02%
CHX	C	0.02%
IIPR	F	0.02%
ADMA	C	0.02%
MT	B	0.02%
HOV	F	0.02%
BABA	D	0.02%
LI	F	0.02%
SHG	D	0.02%
QTWO	A	0.02%
W	F	0.01%
FRO	D	0.01%
BASE	C	0.01%
DMRC	D	0.01%
EVH	F	0.01%
CMPR	F	0.01%
WEAV	B	0.01%
PRCT	B	0.01%
XMTR	C	0.01%
MITK	C	0.01%
ALLO	D	0.01%
ACMR	F	0.01%
AI	C	0.01%
LAZR	C	0.01%
PGC	A	0.01%
CCO	D	0.01%
M	C	0.01%
NRIX	C	0.01%
TIGR	C	0.01%
CTLP	B	0.01%
WSR	B	0.01%
CLOV	C	0.01%
LC	B	0.01%
LEU	C	0.01%
NR	D	0.01%
AAOI	A	0.01%
PIXY	F	0.01%
DXC	C	0.01%
AUPH	B	0.01%
GDYN	C	0.01%
BILL	A	0.01%
GATO	D	0.01%
CYH	F	0.01%
ZLAB	C	0.01%
RLX	C	0.01%
KOP	C	0.01%
BLBD	F	0.01%
PHI	F	0.01%
KYMR	C	0.01%
EXPI	C	0.01%
PACK	C	0.01%
NOV	D	0.01%
VKTX	F	0.01%
SLP	F	0.01%
ALKT	B	0.01%
PCH	D	0.01%
BCRX	D	0.01%
OMI	F	0.01%
GTLB	B	0.01%
PTEN	D	0.01%
COHR	B	0.01%
SMAR	A	0.01%
KD	A	0.01%
DOCS	C	0.01%
BLFS	D	0.01%
YETI	F	0.01%
ITRI	B	0.01%
VERV	D	0.01%
IDYA	F	0.01%
PCT	C	0.01%
VMEO	B	0.01%
PRTA	F	0.01%
CROX	F	0.01%
BTU	B	0.01%
JKS	D	0.01%
CLDX	F	0.01%
ALEX	B	0.01%
IMVT	D	0.01%
GNRC	B	0.01%
LASR	F	0.01%
AGNC	C	0.01%
MGNI	A	0.01%
CIFR	B	0.01%
EFC	D	0.01%
VICR	B	0.01%
RCUS	F	0.01%
TGI	A	0.01%
BGNE	D	0.01%
COLL	F	0.01%
FBK	A	0.01%
PNTG	D	0.01%
CCB	A	0.01%
U	F	0.01%
RIOT	B	0.01%
HASI	F	0.01%
AMSC	C	0.01%
USLM	A	0.01%
MCB	A	0.01%
PHR	F	0.01%
SEMR	D	0.01%
SRPT	F	0.01%
CZR	F	0.01%
DQ	D	0.01%
CLNE	D	0.01%
MCRI	A	0.01%
LIND	A	0.01%
PEN	B	0.01%
BZH	B	0.01%
PACB	D	0.01%
DH	F	0.01%
AUR	D	0.01%
OSW	B	0.01%
ULH	B	0.01%
SID	F	0.01%
RDFN	D	0.01%
LOB	A	0.01%
PTCT	B	0.01%
UPST	B	0.01%
MBIN	D	0.01%
PAY	A	0.01%
INMD	C	0.01%
CASH	A	0.01%
XPO	B	0.01%
CLDT	C	0.01%
RNA	C	0.01%
CCS	F	0.01%
RDNT	B	0.01%
SDGR	D	0.01%
AKO.A	D	0.01%
CLSK	C	0.01%
VSTO	A	0.01%
THR	C	0.01%
TREX	C	0.01%
TFIN	A	0.01%
MARA	B	0.01%
FLNG	D	0.01%
GME	C	0.01%
FUTU	C	0.01%
AAON	A	0.01%
FOUR	B	0.01%
PBF	D	0.01%
ENS	D	0.01%
LUMN	C	0.01%
TWST	F	0.01%
CENX	A	0.01%
TME	F	0.01%
LWLG	D	0.01%
TREE	F	0.01%
TTI	B	0.01%
GMS	A	0.01%
CPRX	C	0.01%
MNDY	C	0.01%
MRC	B	0.01%
HSTM	B	0.01%
ARWR	D	0.01%
SCCO	F	0.01%
CLBT	C	0.01%
GERN	F	0.01%
ERJ	A	0.01%
INTA	B	0.01%
BHF	A	0.01%
MDGL	C	0.01%
RVLV	A	0.01%
TDOC	C	0.01%
NIO	F	0.01%
KOS	D	0.01%
NBR	D	0.01%
KSS	F	0.01%
MHO	D	0.01%
ABR	C	0.01%
IMXI	B	0.01%
KEX	A	0.01%
DVAX	C	0.01%
GSAT	B	0.01%
LBRDK	B	0.01%
XPEV	C	0.01%
BBIO	F	0.01%
VNT	C	0.01%
ORA	B	0.01%
SOFI	A	0.01%
ZETA	F	0.01%
PTON	B	0.01%
EPRT	C	0.01%
AKRO	C	0.01%
COMP	B	0.01%
VIPS	F	0.01%
GMRE	D	0.01%
BEKE	C	0.01%
PLMR	A	0.01%
MATX	B	0.01%
TGTX	B	0.01%
GRBK	D	0.01%
RKLB	B	0.01%
TEVA	D	0.01%
MTDR	C	0.01%
DYN	F	0.01%
KRYS	D	0.0%
XPEV	C	0.0%
LI	F	0.0%
SMWB	A	0.0%
AGL	F	0.0%
SCLX	F	0.0%
OEC	C	0.0%
JOBY	B	0.0%
JAMF	F	0.0%
MP	B	0.0%
TH	C	0.0%
BMBL	C	0.0%
CRCT	F	0.0%
DAN	F	0.0%
FLWS	D	0.0%
CGEM	F	0.0%
HDSN	F	0.0%
MGPI	D	0.0%
MLCO	F	0.0%
ZEUS	C	0.0%
FNA	B	0.0%
BOC	D	0.0%
SEDG	F	0.0%
PKST	F	0.0%
LGIH	F	0.0%
DENN	C	0.0%
SPRY	C	0.0%
SAGE	F	0.0%
SHEN	F	0.0%
KE	C	0.0%
MLNK	C	0.0%
WOLF	F	0.0%
TPB	A	0.0%
ASTH	F	0.0%
OLPX	D	0.0%
LSCC	D	0.0%
VRE	A	0.0%
MXL	C	0.0%
ITOS	F	0.0%
MAX	F	0.0%
PRVA	B	0.0%
SNCY	B	0.0%
KRNT	A	0.0%
MNSO	D	0.0%
PARR	D	0.0%
RENB	F	0.0%
FLGT	F	0.0%
RGNX	F	0.0%
EYE	C	0.0%
CEVA	B	0.0%
FIGS	F	0.0%
OLO	B	0.0%
MRVI	F	0.0%
PD	C	0.0%
PUMP	F	0.0%
BVN	F	0.0%
GRPN	F	0.0%
ORLA	F	0.0%
HOG	D	0.0%
FSBC	A	0.0%
CRSR	C	0.0%
REPL	C	0.0%
SVC	F	0.0%
HAE	A	0.0%
TMCI	C	0.0%
XPOF	B	0.0%
PFC	A	0.0%
NABL	F	0.0%
VIR	C	0.0%
CECO	C	0.0%
COTY	F	0.0%
GOGO	C	0.0%
HE	D	0.0%
SWBI	D	0.0%
CTKB	C	0.0%
ICHR	C	0.0%
HUMA	F	0.0%
MAT	C	0.0%
SAVA	C	0.0%
ZUO	A	0.0%
IRTC	C	0.0%
CNDT	B	0.0%
SGRY	F	0.0%
LYEL	D	0.0%
BROS	A	0.0%
CAR	C	0.0%
IBP	F	0.0%
MBAVU	A	0.0%
GDS	B	0.0%
CXM	C	0.0%
APLS	F	0.0%
LPRO	C	0.0%
RIG	D	0.0%
LAND	F	0.0%
TLRY	F	0.0%
AOSL	F	0.0%
MDXG	A	0.0%
KRUS	C	0.0%
OLMA	F	0.0%
ELVN	C	0.0%
THRM	F	0.0%
PDFS	D	0.0%
QFIN	B	0.0%
CALX	F	0.0%
THO	B	0.0%
APPN	B	0.0%
NMIH	D	0.0%
DBI	F	0.0%
MQ	F	0.0%
DNOW	A	0.0%
ETNB	D	0.0%
XHR	B	0.0%
NCNO	B	0.0%
LESL	C	0.0%
FBRT	C	0.0%
SHC	D	0.0%
SM	C	0.0%
SHLS	F	0.0%
XPRO	F	0.0%
FDMT	F	0.0%
PUBM	D	0.0%
CEIX	A	0.0%
ENIC	D	0.0%
ATEN	A	0.0%
HURN	B	0.0%
CUBI	B	0.0%
ADUS	D	0.0%
ATEC	C	0.0%
AMRC	F	0.0%
ESTA	D	0.0%
VNET	D	0.0%
UVV	B	0.0%
NVRI	F	0.0%
QTRX	D	0.0%
UCTT	F	0.0%
RXST	F	0.0%
GKOS	B	0.0%
HAYN	A	0.0%
NOVA	F	0.0%
LILAK	F	0.0%
DJT	C	0.0%
DGII	B	0.0%
ATRO	F	0.0%
NARI	C	0.0%
VTLE	C	0.0%
GH	B	0.0%
SABR	B	0.0%
PRO	C	0.0%
STAA	F	0.0%
CHEF	B	0.0%
PENN	B	0.0%
ULCC	B	0.0%
CLF	F	0.0%
MERC	F	0.0%
IDT	B	0.0%
ARLO	D	0.0%
NNDM	F	0.0%
TASK	C	0.0%
LXRX	F	0.0%
NEXT	B	0.0%
S	B	0.0%
AMRK	F	0.0%
HAYW	A	0.0%
KRNY	A	0.0%
EB	C	0.0%
ARQT	D	0.0%
ORIC	D	0.0%
SIBN	D	0.0%
FIVN	C	0.0%
ATHM	D	0.0%
FVRR	B	0.0%
RRC	B	0.0%
NEOG	D	0.0%
TITN	C	0.0%
YY	C	0.0%
HL	D	0.0%
ARRY	C	0.0%
FIZZ	B	0.0%
GLBE	B	0.0%
AR	B	0.0%
SOUN	C	0.0%
LMND	A	0.0%
CDNA	D	0.0%
YMAB	D	0.0%
BIGC	C	0.0%
SITM	B	0.0%
AVNS	F	0.0%
SKE	D	0.0%
VCYT	B	0.0%
VZIO	A	0.0%
GNK	C	0.0%
CYRX	D	0.0%
MNTK	F	0.0%
INDI	C	0.0%
DHC	F	0.0%
ALHC	C	0.0%
CYTK	D	0.0%
HTHT	C	0.0%
ADNT	F	0.0%
METC	C	0.0%
IAS	D	0.0%
NTLA	F	0.0%
WGO	B	0.0%
ARDX	F	0.0%
IOVA	D	0.0%
YOU	D	0.0%
CDMO	A	0.0%
EMBC	C	0.0%
NVCR	D	0.0%
STOK	D	0.0%
FRSH	B	0.0%
RKT	F	0.0%
CFLT	C	0.0%
TNDM	F	0.0%
ENVA	A	0.0%
OSPN	B	0.0%
UWMC	F	0.0%
PCVX	D	0.0%
MEG	F	0.0%
AMC	C	0.0%
ZI	D	0.0%
SIGA	F	0.0%
BRBR	A	0.0%
MTW	C	0.0%
CRMT	F	0.0%
APPF	C	0.0%
NTRA	B	0.0%
FSLY	D	0.0%
IIIV	B	0.0%
BHB	A	0.0%
SANA	F	0.0%
GRAB	A	0.0%
ALT	C	0.0%
TXG	F	0.0%
HRI	B	0.0%
BEAM	D	0.0%
EGBN	A	0.0%
UNIT	B	0.0%
RVNC	F	0.0%
VSCO	A	0.0%
INN	D	0.0%
MOMO	D	0.0%
GDRX	F	0.0%
ELF	C	0.0%
NX	C	0.0%
HUYA	F	0.0%
FUBO	F	0.0%
FC	F	0.0%
TRNS	F	0.0%
FROG	C	0.0%
TUYA	C	0.0%
OSCR	F	0.0%
DFH	F	0.0%
BRZE	C	0.0%
WOOF	D	0.0%
INSW	F	0.0%
AXSM	B	0.0%
BXC	B	0.0%
NVAX	F	0.0%
EYPT	D	0.0%
ARCT	F	0.0%
EWCZ	D	0.0%
AX	A	0.0%
ACHR	B	0.0%
ATUS	C	0.0%
DIN	C	0.0%
GXO	B	0.0%
GDOT	C	0.0%
JANX	C	0.0%
TRUP	A	0.0%
AMPS	C	0.0%
CCBG	A	0.0%
LMB	A	0.0%
YEXT	A	0.0%
ESTC	C	0.0%
PFSI	D	0.0%
SNDX	D	0.0%
ETSY	D	0.0%
QNST	C	0.0%
UEC	B	0.0%
VPG	F	0.0%
NUVB	C	0.0%
ACLS	F	0.0%
WRBY	A	0.0%
VRNS	D	0.0%
SAM	B	0.0%
LCID	F	0.0%
LSPD	B	0.0%
KLG	F	0.0%
RXRX	F	0.0%
REZI	A	0.0%
RVMD	B	0.0%
PL	B	0.0%
DCO	A	0.0%
IQ	F	0.0%
CHGX	B	0.0%
NSSC	F	0.0%
ERAS	C	0.0%
CERT	F	0.0%
ACVA	A	0.0%
IIIN	C	0.0%
LYFT	B	0.0%
ANF	C	0.0%
ENFN	A	0.0%
SPT	C	0.0%
DUOL	B	0.0%
PLPC	B	0.0%
NUVL	D	0.0%
SPR	D	0.0%
RLJ	C	0.0%
ATKR	C	0.0%
CIG	C	0.0%
DOCN	D	0.0%
CASS	B	0.0%
CSTL	C	0.0%
RCKT	F	0.0%
JELD	F	0.0%
ALEC	F	0.0%
HCP	B	0.0%
RNG	B	0.0%
IBUY	B	0.0%
VVI	A	0.0%
PRG	A	0.0%
ASPN	F	0.0%
KEP	B	0.0%
SITE	D	0.0%
FATE	F	0.0%
BLND	B	0.0%
JBI	F	0.0%
ARVN	D	0.0%
BYND	F	0.0%
RAMP	C	0.0%
REPX	A	0.0%
NPAB	F	0.0%
PLUG	D	0.0%
MNMD	B	0.0%
RGEN	D	0.0%
PAR	A	0.0%
CARS	B	0.0%
CC	C	0.0%
RPAY	D	0.0%
RLAY	F	0.0%
CIB	C	0.0%
APLD	C	0.0%
PTGX	D	0.0%
ELAN	C	0.0%
WIX	A	0.0%
EVRI	A	0.0%
UPWK	B	0.0%
FLYW	B	0.0%
PATH	D	0.0%
KC	B	0.0%
VRDN	C	0.0%
PAYO	A	0.0%
NCLH	B	0.0%
AMG	A	0.0%
OGN	F	0.0%
PLAB	D	0.0%
RUN	F	0.0%
ASAN	C	0.0%
BE	A	0.0%
CDE	D	0.0%
ENVX	F	0.0%
VITL	F	0.0%
BZ	F	0.0%
FLNC	D	0.0%
DRH	B	0.0%
NVT	B	0.0%
QS	F	0.0%
ROCK	C	0.0%
EXTR	B	0.0%
ROIV	D	0.0%
NEO	C	0.0%
SQM	D	0.0%
KREF	D	0.0%
BJRI	A	0.0%
WRLD	D	0.0%
BOOT	C	0.0%
CHPT	F	0.0%
PHAT	F	0.0%
HSII	B	0.0%
SMR	B	0.0%
EDIT	F	0.0%
WULF	C	0.0%
HEES	B	0.0%
OPEN	F	0.0%
AMR	C	0.0%
LEGH	D	0.0%
SONO	C	0.0%
BILI	C	0.0%

SPGM Underweight 258 Positions Relative to EUSA

Symbol	Grade	Weight
VST	A	-0.28%
TPL	A	-0.26%
HOOD	A	-0.24%
DAL	A	-0.24%
APO	A	-0.24%
DAY	B	-0.23%
RJF	A	-0.22%
EME	B	-0.22%
LPLA	A	-0.22%
PAYC	B	-0.22%
CPAY	A	-0.21%
TRGP	A	-0.21%
HUBB	B	-0.2%
WAB	B	-0.2%
AMP	A	-0.2%
LYV	A	-0.2%
JBL	C	-0.2%
EXE	A	-0.2%
ETR	A	-0.2%
HBAN	A	-0.2%
INCY	B	-0.2%
IOT	B	-0.2%
STLD	B	-0.2%
TRMB	A	-0.2%
SNA	A	-0.2%
CG	B	-0.2%
PAYX	B	-0.19%
AIZ	A	-0.19%
HWM	A	-0.19%
LUV	A	-0.19%
ARES	B	-0.19%
JKHY	D	-0.19%
OC	A	-0.19%
BLK	A	-0.19%
VMC	B	-0.19%
FLUT	A	-0.19%
SEIC	A	-0.19%
PCAR	B	-0.19%
RF	A	-0.19%
BAH	D	-0.19%
IP	A	-0.19%
PKG	B	-0.19%
GRMN	B	-0.19%
SW	A	-0.19%
FFIV	B	-0.19%
CBRE	B	-0.19%
OKE	A	-0.19%
GWW	A	-0.19%
NTRS	A	-0.19%
PWR	A	-0.19%
MAR	A	-0.19%
LNG	A	-0.18%
NDAQ	A	-0.18%
DOV	A	-0.18%
BRO	B	-0.18%
SRE	A	-0.18%
CSL	B	-0.18%
IT	B	-0.18%
RMD	C	-0.18%
NI	A	-0.18%
AZPN	A	-0.18%
WTW	B	-0.18%
TRU	D	-0.18%
IEX	B	-0.18%
TW	B	-0.18%
LHX	B	-0.18%
WAT	B	-0.18%
FDS	A	-0.18%
CTAS	B	-0.18%
ACM	B	-0.18%
RS	B	-0.18%
KEY	A	-0.18%
KR	B	-0.18%
BIO	C	-0.18%
AME	A	-0.18%
MNST	D	-0.18%
CINF	A	-0.18%
ZBRA	B	-0.18%
MLM	B	-0.18%
FITB	A	-0.18%
GEN	B	-0.18%
CNP	A	-0.18%
RPM	A	-0.18%
TDY	B	-0.18%
HLT	A	-0.18%
HIG	C	-0.18%
WELL	A	-0.18%
MSI	A	-0.18%
NRG	B	-0.18%
MKTX	C	-0.18%
CRH	B	-0.18%
UTHR	B	-0.18%
BXP	D	-0.18%
NVR	D	-0.17%
CCK	D	-0.17%
LH	B	-0.17%
CRL	D	-0.17%
WRB	A	-0.17%
AIG	B	-0.17%
OMC	C	-0.17%
PHM	D	-0.17%
CPRT	A	-0.17%
POOL	D	-0.17%
COO	D	-0.17%
BR	A	-0.17%
MKL	A	-0.17%
DPZ	C	-0.17%
TFC	A	-0.17%
TYL	B	-0.17%
WST	C	-0.17%
AVB	A	-0.17%
GDDY	A	-0.17%
NDSN	B	-0.17%
GGG	A	-0.17%
DRI	B	-0.17%
EVRG	A	-0.17%
TROW	A	-0.17%
AEE	A	-0.17%
L	A	-0.17%
TSCO	D	-0.17%
H	B	-0.17%
FCNCA	A	-0.17%
PFG	C	-0.17%
MANH	D	-0.17%
PTC	B	-0.17%
CAH	B	-0.17%
ATO	A	-0.17%
VTR	C	-0.17%
TAP	A	-0.17%
IRM	D	-0.17%
WYNN	D	-0.17%
JBHT	B	-0.17%
LII	B	-0.17%
AFG	A	-0.17%
DECK	A	-0.17%
WSO	A	-0.17%
KNX	B	-0.17%
XEL	A	-0.17%
EXR	C	-0.16%
EQH	B	-0.16%
WCN	A	-0.16%
LEN	D	-0.16%
CMS	C	-0.16%
TXT	D	-0.16%
EXPD	D	-0.16%
ELS	B	-0.16%
CTLT	C	-0.16%
ROL	A	-0.16%
PPG	F	-0.16%
SBAC	D	-0.16%
CPT	D	-0.16%
FERG	D	-0.16%
WTRG	C	-0.16%
SSNC	D	-0.16%
LNT	A	-0.16%
UHAL	D	-0.16%
DVA	C	-0.16%
RVTY	D	-0.16%
ROP	C	-0.16%
TEL	C	-0.16%
VRSN	D	-0.16%
FBIN	D	-0.16%
ROK	A	-0.16%
D	C	-0.16%
CTRA	A	-0.16%
FWONK	B	-0.16%
GLPI	D	-0.16%
RSG	B	-0.16%
NLY	C	-0.16%
ULTA	D	-0.16%
MAA	A	-0.16%
AJG	A	-0.16%
EMN	C	-0.16%
COR	B	-0.16%
FNF	C	-0.16%
TECH	D	-0.16%
ANSS	B	-0.16%
BBY	C	-0.16%
UDR	C	-0.16%
MSCI	A	-0.16%
DGX	A	-0.16%
WY	D	-0.16%
VRSK	B	-0.16%
ESS	A	-0.16%
WEC	A	-0.16%
MAS	D	-0.16%
SWK	F	-0.15%
ENTG	F	-0.15%
XYL	D	-0.15%
SUI	D	-0.15%
HRL	D	-0.15%
LKQ	D	-0.15%
MGM	D	-0.15%
STE	D	-0.15%
ACI	C	-0.15%
KMX	B	-0.15%
MOH	F	-0.15%
WSM	F	-0.15%
INVH	D	-0.15%
AMCR	C	-0.15%
BALL	D	-0.15%
AMH	C	-0.15%
O	D	-0.15%
CBOE	D	-0.15%
TTC	D	-0.15%
EW	C	-0.15%
CCI	D	-0.15%
AZO	C	-0.15%
AWK	C	-0.15%
IPG	F	-0.15%
STZ	D	-0.15%
ZBH	C	-0.15%
DTE	C	-0.15%
RPRX	F	-0.15%
AVY	D	-0.15%
WPC	D	-0.15%
FANG	D	-0.15%
J	D	-0.15%
HOLX	D	-0.15%
HSIC	D	-0.15%
BSY	D	-0.15%
EG	D	-0.15%
ED	D	-0.15%
ACGL	C	-0.15%
ARE	D	-0.15%
VICI	C	-0.15%
AKAM	F	-0.14%
DINO	D	-0.14%
GPC	D	-0.14%
AVTR	F	-0.14%
IQV	F	-0.14%
CDW	F	-0.14%
MCHP	F	-0.14%
MTD	F	-0.14%
DKS	D	-0.14%
EFX	F	-0.14%
CPB	D	-0.14%
BG	D	-0.14%
UHS	D	-0.14%
ERIE	F	-0.14%
KDP	D	-0.14%
WLK	F	-0.14%
AOS	F	-0.14%
ES	C	-0.14%
HUM	F	-0.13%
TFX	F	-0.13%
TER	F	-0.13%
SWKS	F	-0.13%
NBIX	D	-0.13%
PSTG	F	-0.13%
HII	F	-0.12%
BMRN	F	-0.11%
DG	F	-0.1%
QRVO	F	-0.1%
HEI	A	-0.1%
CE	F	-0.1%
HEI	A	-0.07%
FOX	A	-0.06%