SPGM vs. FDIS ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Fidelity MSCI Consumer Discretionary Index ETF (FDIS)

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

$64.50

Average Daily Volume

55,913

Number of Holdings ^*

1003

* may have additional holdings in another (foreign) market

FDIS

Fidelity MSCI Consumer Discretionary Index ETF

FDIS Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Consumer Discretionary Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Consumer Discretionary Index, which represents the performance of the consumer discretionary sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Discretionary Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.27

Average Daily Volume

72,440

Number of Holdings ^*

263

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	FDIS
30 Days	-1.13%	7.21%
60 Days	1.11%	8.26%
90 Days	2.77%	13.40%
12 Months	24.21%	29.65%

100 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in FDIS	Overlap
ABNB	D	0.04%	0.97%	0.04%
ACEL	C	0.02%	0.04%	0.02%
ADNT	F	0.0%	0.05%	0.0%
AMRK	F	0.0%	0.0%	0.0%
AMZN	B	2.13%	23.16%	2.13%
ANF	C	0.0%	0.15%	0.0%
APTV	F	0.0%	0.26%	0.0%
BBWI	C	0.01%	0.12%	0.01%
BJRI	C	0.0%	0.04%	0.0%
BKNG	A	0.31%	2.73%	0.31%
BOOT	D	0.01%	0.1%	0.01%
BROS	A	0.0%	0.15%	0.0%
BURL	A	0.0%	0.31%	0.0%
BZH	C	0.01%	0.05%	0.01%
CCL	A	0.02%	0.43%	0.02%
CCS	F	0.01%	0.07%	0.01%
CMG	C	0.11%	1.35%	0.11%
CRCT	F	0.0%	0.01%	0.0%
CRMT	F	0.0%	0.02%	0.0%
CROX	F	0.01%	0.12%	0.01%
CVNA	A	0.03%	0.46%	0.03%
CZR	F	0.01%	0.16%	0.01%
DAN	F	0.0%	0.03%	0.0%
DASH	A	0.03%	0.83%	0.03%
DBI	F	0.0%	0.01%	0.0%
DENN	D	0.0%	0.02%	0.0%
DFH	F	0.0%	0.04%	0.0%
DHI	D	0.0%	0.81%	0.0%
DIN	C	0.0%	0.03%	0.0%
DKNG	B	0.02%	0.31%	0.02%
DUOL	A	0.0%	0.21%	0.0%
EBAY	D	0.1%	0.54%	0.1%
ETSY	D	0.0%	0.12%	0.0%
EVRI	A	0.0%	0.06%	0.0%
EWCZ	D	0.0%	0.01%	0.0%
EXPE	B	0.01%	0.42%	0.01%
EYE	C	0.0%	0.03%	0.0%
F	C	0.07%	0.72%	0.07%
FIGS	F	0.0%	0.04%	0.0%
FLWS	F	0.0%	0.01%	0.0%
GM	B	0.09%	1.09%	0.09%
GME	C	0.01%	0.16%	0.01%
GRBK	D	0.01%	0.07%	0.01%
GRPN	F	0.0%	0.01%	0.0%
HD	A	0.57%	6.43%	0.57%
HOG	F	0.0%	0.09%	0.0%
HOV	D	0.02%	0.04%	0.02%
IBP	F	0.0%	0.11%	0.0%
KRUS	D	0.0%	0.03%	0.0%
KSS	F	0.01%	0.05%	0.01%
LAZR	D	0.01%	0.02%	0.01%
LCID	F	0.0%	0.07%	0.0%
LEGH	D	0.0%	0.02%	0.0%
LESL	C	0.0%	0.02%	0.0%
LGIH	F	0.0%	0.07%	0.0%
LIND	B	0.01%	0.03%	0.01%
LNW	F	0.03%	0.16%	0.03%
LOW	C	0.31%	2.49%	0.31%
LULU	C	0.02%	0.63%	0.02%
LVS	B	0.04%	0.32%	0.04%
M	D	0.01%	0.09%	0.01%
MAT	D	0.0%	0.14%	0.0%
MCD	D	0.23%	3.46%	0.23%
MCRI	A	0.01%	0.05%	0.01%
MELI	D	0.1%	1.39%	0.1%
MHO	D	0.01%	0.1%	0.01%
MOD	A	0.05%	0.13%	0.05%
NCLH	B	0.0%	0.23%	0.0%
NKE	F	0.18%	1.49%	0.18%
ORLY	B	0.22%	1.19%	0.22%
OSW	B	0.01%	0.06%	0.01%
PENN	C	0.0%	0.08%	0.0%
PLAY	D	0.01%	0.04%	0.01%
PTON	C	0.01%	0.11%	0.01%
QS	D	0.0%	0.05%	0.0%
RCL	A	0.04%	0.95%	0.04%
RIVN	F	0.01%	0.15%	0.01%
ROST	D	0.17%	0.79%	0.17%
RVLV	B	0.01%	0.07%	0.01%
SABR	B	0.0%	0.06%	0.0%
SBUX	A	0.2%	1.83%	0.2%
SKY	A	0.02%	0.12%	0.02%
SONO	C	0.0%	0.05%	0.0%
SWBI	C	0.0%	0.03%	0.0%
TH	C	0.0%	0.02%	0.0%
THO	C	0.0%	0.12%	0.0%
THRM	F	0.0%	0.05%	0.0%
TJX	A	0.35%	2.19%	0.35%
TPR	B	0.04%	0.25%	0.04%
TSLA	A	1.01%	14.23%	1.01%
VSCO	A	0.0%	0.09%	0.0%
VSTO	A	0.01%	0.08%	0.01%
VZIO	A	0.0%	0.04%	0.0%
W	D	0.0%	0.07%	0.0%
WGO	D	0.0%	0.06%	0.0%
WOOF	D	0.0%	0.02%	0.0%
WRBY	A	0.0%	0.06%	0.0%
XPOF	B	0.0%	0.02%	0.0%
YETI	D	0.01%	0.08%	0.01%
YUM	D	0.11%	0.64%	0.11%

SPGM Overweight 903 Positions Relative to FDIS

Symbol	Grade	Weight
NVDA	A	4.01%
AAPL	C	3.74%
MSFT	D	3.35%
META	C	1.43%
GOOG	B	1.1%
GOOGL	B	1.1%
TSM	B	0.99%
JPM	A	0.95%
AVGO	C	0.87%
BRK.A	B	0.73%
V	A	0.7%
LLY	F	0.7%
UNH	C	0.68%
XOM	B	0.68%
COST	A	0.56%
BAC	A	0.53%
PG	C	0.49%
CRM	B	0.49%
WFC	A	0.44%
ORCL	A	0.43%
MA	B	0.43%
WMT	A	0.41%
JNJ	D	0.39%
INTU	B	0.38%
GS	B	0.38%
TMO	F	0.38%
TXN	C	0.37%
NFLX	A	0.37%
CSCO	B	0.36%
ABBV	F	0.36%
AXP	B	0.36%
CVX	A	0.35%
ADBE	D	0.34%
ABT	A	0.34%
RTX	D	0.33%
MS	A	0.32%
LIN	D	0.32%
MRK	F	0.31%
CAT	C	0.3%
DIS	B	0.3%
KO	D	0.29%
ACN	C	0.28%
DHR	D	0.28%
QCOM	F	0.27%
CB	C	0.27%
IBM	C	0.27%
UNP	D	0.26%
PEP	F	0.26%
AFL	C	0.26%
CMI	A	0.26%
C	B	0.26%
TM	D	0.26%
MCK	A	0.25%
LMT	D	0.25%
NEE	C	0.25%
ETN	B	0.24%
SPGI	D	0.24%
AMAT	F	0.24%
PLD	D	0.23%
AMD	F	0.23%
MDT	D	0.23%
ADP	B	0.23%
SONY	B	0.22%
HON	B	0.22%
NVS	D	0.22%
PSA	C	0.22%
WM	B	0.22%
GD	D	0.22%
EMR	A	0.21%
AMGN	D	0.21%
PM	A	0.21%
TRV	A	0.21%
T	A	0.21%
BABA	D	0.2%
A	F	0.2%
MET	A	0.2%
DFS	B	0.2%
SYK	A	0.2%
GILD	C	0.19%
ABBV	F	0.19%
CSX	C	0.19%
TT	A	0.19%
HSBH	A	0.19%
BK	B	0.19%
SCHW	A	0.18%
ISRG	A	0.18%
CMCSA	B	0.18%
FDX	B	0.18%
JCI	B	0.18%
COP	B	0.18%
DE	C	0.18%
MPC	D	0.17%
NSC	B	0.17%
MUFG	A	0.17%
PNC	B	0.17%
ELV	F	0.17%
IBN	D	0.17%
PGR	B	0.17%
PH	B	0.17%
MMC	D	0.17%
PFE	F	0.17%
PRU	B	0.16%
AEP	C	0.16%
NOW	B	0.16%
EOG	A	0.16%
INFY	D	0.16%
AMT	D	0.16%
ADI	D	0.16%
ALL	A	0.16%
BDX	F	0.16%
NOC	D	0.16%
UL	D	0.16%
GLW	B	0.15%
PEG	C	0.15%
SPG	A	0.15%
PYPL	B	0.15%
COF	B	0.15%
ITW	B	0.14%
VZ	C	0.14%
ECL	D	0.14%
INTC	C	0.14%
BMY	A	0.14%
BSX	A	0.14%
GE	D	0.14%
SHOP	B	0.14%
CVS	F	0.13%
CTSH	C	0.13%
PLTR	A	0.13%
CL	D	0.13%
IR	B	0.13%
UBER	F	0.13%
CNI	F	0.13%
FAST	B	0.13%
MTB	A	0.13%
RDY	D	0.12%
ROIC	A	0.12%
EIX	C	0.12%
HES	B	0.12%
KEYS	C	0.12%
SYY	D	0.12%
CEG	C	0.12%
USB	B	0.12%
TGT	B	0.12%
CLX	A	0.12%
MKC	D	0.11%
KKR	A	0.11%
UPS	C	0.11%
KMB	C	0.11%
PANW	B	0.11%
HPQ	B	0.11%
TD	D	0.11%
VLO	C	0.11%
HSY	F	0.11%
NTAP	C	0.1%
DUK	C	0.1%
ICE	C	0.1%
CHTR	B	0.1%
MMM	D	0.1%
BA	D	0.1%
CRWD	B	0.09%
CHRW	B	0.09%
UMH	A	0.09%
REGN	F	0.09%
MO	A	0.09%
CME	A	0.09%
BLK	B	0.09%
ZTS	D	0.09%
AZN	F	0.08%
CI	D	0.08%
STT	B	0.08%
DD	D	0.08%
PDD	D	0.08%
AON	B	0.08%
SMFG	A	0.08%
ADM	D	0.08%
APD	A	0.08%
TSN	B	0.08%
CHT	C	0.08%
PPL	A	0.08%
WMB	A	0.08%
BCS	B	0.07%
K	B	0.07%
DEO	F	0.07%
LYB	F	0.07%
MU	D	0.07%
VRT	A	0.07%
GEV	A	0.07%
TMUS	B	0.07%
MFG	A	0.07%
ANET	C	0.07%
FE	C	0.07%
CDNS	B	0.07%
SJM	D	0.07%
BIIB	F	0.07%
HPE	B	0.07%
NXRT	A	0.07%
MRO	A	0.07%
TCOM	B	0.07%
SO	C	0.07%
SLB	C	0.07%
CTVA	C	0.07%
VRTX	D	0.07%
CHD	A	0.07%
DEA	D	0.06%
UMC	F	0.06%
DOW	F	0.06%
AXON	A	0.06%
SYF	B	0.06%
COIN	A	0.06%
JNPR	D	0.06%
EQR	C	0.06%
FTV	D	0.06%
APP	A	0.06%
LRCX	F	0.06%
CARR	D	0.06%
BX	A	0.06%
WIT	B	0.06%
STX	D	0.06%
VALE	F	0.06%
EXC	C	0.06%
WDC	F	0.06%
HDB	B	0.06%
EQIX	A	0.05%
STLA	F	0.05%
DOC	D	0.05%
FI	A	0.05%
ITUB	D	0.05%
OXY	F	0.05%
HAL	C	0.05%
NMR	B	0.05%
GOOD	A	0.05%
BEN	C	0.05%
MSTR	A	0.05%
BAX	F	0.05%
LYG	C	0.05%
E	F	0.05%
GIS	F	0.05%
MRVL	B	0.05%
TTD	B	0.05%
MDLZ	F	0.05%
PSX	C	0.05%
FOXA	B	0.05%
KVUE	A	0.04%
AA	A	0.04%
ALLE	D	0.04%
YUMC	B	0.04%
KB	B	0.04%
DLTR	F	0.04%
OTIS	C	0.04%
FCX	F	0.04%
KLAC	F	0.04%
LW	C	0.04%
SE	A	0.04%
SNPS	C	0.04%
VLTO	C	0.04%
CAG	F	0.04%
EL	F	0.04%
PKX	F	0.04%
HMC	F	0.03%
LNTH	F	0.03%
FICO	B	0.03%
ITCI	B	0.03%
FTI	A	0.03%
AXNX	A	0.03%
DDOG	A	0.03%
QTWO	B	0.03%
WTTR	A	0.03%
NU	C	0.03%
TAC	B	0.03%
BKR	B	0.03%
BIDU	F	0.03%
TEAM	A	0.03%
BBD	D	0.03%
FTNT	B	0.03%
PBR	D	0.03%
NET	B	0.03%
TBBK	B	0.03%
SQ	A	0.03%
BRSP	C	0.03%
KMI	A	0.03%
DX	A	0.03%
SHW	C	0.03%
NEM	D	0.03%
LDOS	C	0.03%
SNOW	C	0.03%
VERX	A	0.02%
TGTX	B	0.02%
NUE	D	0.02%
FSLR	F	0.02%
VEEV	C	0.02%
TOST	A	0.02%
GGB	C	0.02%
OII	B	0.02%
AGYS	A	0.02%
AIV	C	0.02%
MCO	D	0.02%
DXCM	C	0.02%
AZEK	B	0.02%
PARA	D	0.02%
IIPR	F	0.02%
AFRM	A	0.02%
GOLD	C	0.02%
ABEV	F	0.02%
AHH	D	0.02%
RBLX	B	0.02%
CHCT	C	0.02%
TTGT	B	0.02%
MOS	D	0.02%
ZM	B	0.02%
TMDX	F	0.02%
URI	B	0.02%
MPWR	F	0.02%
MDB	C	0.02%
ZS	B	0.02%
HUBS	B	0.02%
IFF	D	0.02%
RKLB	B	0.02%
CHX	C	0.02%
CF	A	0.02%
WBD	B	0.02%
LI	F	0.02%
BABA	D	0.02%
ADMA	C	0.02%
GEHC	D	0.02%
CFG	B	0.02%
DELL	B	0.02%
SHG	D	0.02%
MT	B	0.02%
WDAY	C	0.02%
HCA	F	0.02%
HIMS	C	0.02%
MITK	D	0.01%
DT	C	0.01%
AI	B	0.01%
LASR	D	0.01%
KYMR	C	0.01%
CYH	F	0.01%
BLFS	C	0.01%
PRTA	F	0.01%
ACMR	F	0.01%
PACB	D	0.01%
CTLP	B	0.01%
BLBD	F	0.01%
ODFL	B	0.01%
SMR	A	0.01%
NR	C	0.01%
ZLAB	C	0.01%
CCO	D	0.01%
FRO	D	0.01%
PGC	A	0.01%
LC	B	0.01%
FLYW	B	0.01%
PCT	C	0.01%
BASE	C	0.01%
ALKT	B	0.01%
GDYN	C	0.01%
KOP	C	0.01%
EXPI	C	0.01%
WSR	A	0.01%
GATO	C	0.01%
DXC	D	0.01%
OMI	F	0.01%
BCRX	D	0.01%
PHI	F	0.01%
SLP	F	0.01%
CELH	F	0.01%
CLDX	F	0.01%
NOV	D	0.01%
IMVT	F	0.01%
IDYA	F	0.01%
PIXY	F	0.01%
JKS	F	0.01%
PACK	C	0.01%
PTEN	C	0.01%
KC	B	0.01%
BTU	C	0.01%
COHR	B	0.01%
U	F	0.01%
ITRI	B	0.01%
PCH	D	0.01%
RLX	C	0.01%
AUPH	C	0.01%
GTLB	B	0.01%
COLL	F	0.01%
SMAR	A	0.01%
VMEO	C	0.01%
PNR	B	0.01%
SRPT	F	0.01%
VICR	C	0.01%
HASI	F	0.01%
CLNE	F	0.01%
AES	F	0.01%
ALEX	B	0.01%
NXPI	F	0.01%
PHR	F	0.01%
CIFR	C	0.01%
DLR	A	0.01%
RDFN	D	0.01%
BGNE	D	0.01%
ALGN	D	0.01%
GNRC	B	0.01%
ZETA	D	0.01%
PNTG	D	0.01%
AGNC	C	0.01%
EXAS	D	0.01%
ALNY	D	0.01%
EFC	C	0.01%
ENPH	F	0.01%
DQ	D	0.01%
RCUS	F	0.01%
FBK	B	0.01%
KD	A	0.01%
DOCS	C	0.01%
AUR	C	0.01%
BILL	B	0.01%
SEMR	C	0.01%
RIOT	C	0.01%
CCB	A	0.01%
LWLG	D	0.01%
SID	D	0.01%
TWST	F	0.01%
USLM	A	0.01%
PTCT	C	0.01%
MCB	B	0.01%
RNA	C	0.01%
ULH	B	0.01%
AMSC	C	0.01%
TGI	A	0.01%
MGNI	A	0.01%
INMD	C	0.01%
PEN	B	0.01%
LOB	C	0.01%
MBIN	F	0.01%
ROKU	D	0.01%
DH	F	0.01%
MNDY	D	0.01%
XPO	B	0.01%
TREX	D	0.01%
FUTU	C	0.01%
BE	A	0.01%
CASH	B	0.01%
OKTA	D	0.01%
SDGR	C	0.01%
ARWR	D	0.01%
TREE	F	0.01%
AKO.A	F	0.01%
GERN	F	0.01%
ENS	D	0.01%
ADSK	B	0.01%
LUMN	C	0.01%
THR	B	0.01%
CPRX	C	0.01%
TFIN	B	0.01%
MDGL	C	0.01%
APA	F	0.01%
AAOI	A	0.01%
SCCO	F	0.01%
TME	F	0.01%
FOUR	A	0.01%
CLDT	C	0.01%
MRC	B	0.01%
PBF	D	0.01%
Z	A	0.01%
ALB	B	0.01%
CLBT	B	0.01%
NBR	D	0.01%
CLSK	C	0.01%
NIO	F	0.01%
SMCI	F	0.01%
TTI	B	0.01%
CENX	B	0.01%
AKRO	C	0.01%
INTA	B	0.01%
FLNG	C	0.01%
MARA	C	0.01%
GMS	B	0.01%
HSTM	A	0.01%
RDNT	B	0.01%
DOCU	B	0.01%
BHF	C	0.01%
LBRDK	C	0.01%
AAON	B	0.01%
FIS	C	0.01%
SQ	A	0.01%
TDOC	D	0.01%
PAY	A	0.01%
SNAP	D	0.01%
UPST	B	0.01%
BBIO	F	0.01%
ABR	B	0.01%
GSAT	C	0.01%
CNH	C	0.01%
KOS	D	0.01%
ERJ	A	0.01%
BEKE	C	0.01%
DVAX	C	0.01%
VNT	C	0.01%
XPEV	C	0.01%
NWSA	B	0.01%
KEX	B	0.01%
EPAM	C	0.01%
ILMN	C	0.01%
ORA	B	0.01%
INSP	F	0.01%
GMRE	F	0.01%
TWLO	A	0.01%
VIPS	F	0.01%
ON	F	0.01%
COMP	B	0.01%
DDD	C	0.01%
VTRS	A	0.01%
APH	B	0.01%
EPRT	A	0.01%
SOLV	F	0.01%
MRNA	F	0.01%
MATX	B	0.01%
TAL	D	0.01%
TEVA	D	0.01%
IMXI	B	0.01%
WBA	F	0.01%
PINS	F	0.01%
DVN	F	0.01%
BLDR	D	0.01%
RYTM	C	0.01%
TDG	D	0.01%
DYN	F	0.01%
SRRK	B	0.01%
MTDR	C	0.01%
SOFI	A	0.01%
POWL	C	0.01%
ALLY	C	0.01%
PLMR	A	0.01%
KRYS	C	0.0%
LI	F	0.0%
AGL	F	0.0%
XPEV	C	0.0%
SCLX	F	0.0%
SMWB	A	0.0%
JAMF	F	0.0%
OEC	C	0.0%
MP	C	0.0%
JOBY	B	0.0%
WOLF	F	0.0%
BMBL	C	0.0%
CGEM	F	0.0%
MLCO	F	0.0%
SEDG	F	0.0%
ASTH	F	0.0%
HDSN	F	0.0%
MRVI	F	0.0%
MGPI	F	0.0%
BOC	D	0.0%
ZEUS	C	0.0%
SHEN	F	0.0%
SAGE	F	0.0%
SPRY	C	0.0%
PKST	F	0.0%
OVV	C	0.0%
KE	C	0.0%
MLNK	C	0.0%
FLGT	F	0.0%
ITOS	F	0.0%
LSCC	D	0.0%
OLPX	D	0.0%
MXL	C	0.0%
SNCY	C	0.0%
MNSO	C	0.0%
VRE	A	0.0%
PRVA	C	0.0%
FNA	B	0.0%
MAX	F	0.0%
RENB	F	0.0%
ORLA	C	0.0%
PUMP	D	0.0%
TPB	A	0.0%
PD	C	0.0%
KRNT	B	0.0%
RGNX	D	0.0%
SVC	F	0.0%
CHRD	F	0.0%
REPL	C	0.0%
VIR	F	0.0%
PARR	F	0.0%
NABL	F	0.0%
CEVA	B	0.0%
LYEL	F	0.0%
BVN	D	0.0%
CTKB	C	0.0%
FSBC	B	0.0%
CRSR	D	0.0%
SGRY	F	0.0%
OLO	B	0.0%
OLMA	F	0.0%
TMCI	C	0.0%
HUMA	F	0.0%
PFC	B	0.0%
GOGO	C	0.0%
COTY	F	0.0%
MBAVU	A	0.0%
ICHR	C	0.0%
IRTC	C	0.0%
HE	C	0.0%
CNDT	D	0.0%
ELVN	C	0.0%
ZUO	B	0.0%
LAND	F	0.0%
TLRY	F	0.0%
APLS	F	0.0%
ETNB	D	0.0%
RIG	D	0.0%
LILAK	F	0.0%
SAVA	C	0.0%
CECO	C	0.0%
HAE	C	0.0%
LPRO	C	0.0%
CALX	D	0.0%
SHLS	F	0.0%
CXM	C	0.0%
APPN	C	0.0%
CAR	C	0.0%
GDS	C	0.0%
PDFS	D	0.0%
QFIN	B	0.0%
QTRX	D	0.0%
AOSL	C	0.0%
NMIH	D	0.0%
AMRC	F	0.0%
ESTA	F	0.0%
SHC	F	0.0%
XPRO	F	0.0%
XHR	B	0.0%
DJT	C	0.0%
RXST	F	0.0%
FBRT	C	0.0%
NCNO	B	0.0%
ATRO	F	0.0%
MQ	F	0.0%
SM	C	0.0%
PUBM	C	0.0%
DNOW	B	0.0%
ADUS	D	0.0%
ATEC	C	0.0%
HURN	B	0.0%
CLF	F	0.0%
ENIC	B	0.0%
CEIX	A	0.0%
NVRI	F	0.0%
MDXG	A	0.0%
UCTT	F	0.0%
CUBI	C	0.0%
FDMT	F	0.0%
LXRX	F	0.0%
STAA	F	0.0%
YMAB	F	0.0%
MNTK	F	0.0%
NARI	C	0.0%
ATEN	A	0.0%
IOVA	F	0.0%
DGII	B	0.0%
GKOS	A	0.0%
UVV	B	0.0%
HAYN	A	0.0%
YOU	D	0.0%
SIBN	F	0.0%
MERC	F	0.0%
VNET	C	0.0%
ORIC	F	0.0%
PRO	C	0.0%
TASK	C	0.0%
CHEF	B	0.0%
ARLO	C	0.0%
NNDM	F	0.0%
IDT	B	0.0%
VTLE	C	0.0%
NOVA	F	0.0%
ARDX	F	0.0%
S	B	0.0%
HL	C	0.0%
ALHC	C	0.0%
IAS	D	0.0%
SANA	F	0.0%
ULCC	D	0.0%
SKE	C	0.0%
HAYW	B	0.0%
TITN	D	0.0%
ARQT	C	0.0%
NEOG	D	0.0%
GDRX	F	0.0%
CYRX	F	0.0%
GH	B	0.0%
FVRR	B	0.0%
CDNA	D	0.0%
AVNS	F	0.0%
RVNC	F	0.0%
NEXT	B	0.0%
KRNY	B	0.0%
MEG	F	0.0%
SIGA	F	0.0%
TNDM	F	0.0%
DHC	F	0.0%
ATHM	D	0.0%
EB	C	0.0%
NTLA	F	0.0%
FSLY	F	0.0%
FIZZ	C	0.0%
CNC	F	0.0%
CYTK	D	0.0%
RRC	B	0.0%
PCVX	D	0.0%
GLBE	A	0.0%
RKT	F	0.0%
VCYT	B	0.0%
NVCR	D	0.0%
EMBC	D	0.0%
TXG	F	0.0%
STOK	D	0.0%
ZI	D	0.0%
HTHT	C	0.0%
YY	B	0.0%
SITM	B	0.0%
UWMC	D	0.0%
AR	B	0.0%
METC	C	0.0%
BIGC	C	0.0%
EYPT	D	0.0%
FC	F	0.0%
GNK	D	0.0%
SOUN	C	0.0%
PHAT	F	0.0%
ARRY	F	0.0%
LMND	A	0.0%
OSPN	B	0.0%
SNDX	F	0.0%
BEAM	C	0.0%
BHB	B	0.0%
ENVA	B	0.0%
FIVN	C	0.0%
NVAX	F	0.0%
CFLT	B	0.0%
HRI	C	0.0%
MTW	C	0.0%
AMC	D	0.0%
IIIV	B	0.0%
UNIT	B	0.0%
EVH	F	0.0%
INN	D	0.0%
GDOT	D	0.0%
CDMO	A	0.0%
EGBN	B	0.0%
APPF	C	0.0%
ARCT	F	0.0%
HUYA	F	0.0%
MOMO	D	0.0%
BRBR	A	0.0%
NX	C	0.0%
INSW	F	0.0%
TRNS	F	0.0%
OSCR	C	0.0%
ALT	C	0.0%
FROG	C	0.0%
JANX	C	0.0%
ACLS	F	0.0%
MTCH	F	0.0%
INDI	C	0.0%
FRSH	C	0.0%
FATE	F	0.0%
ATUS	C	0.0%
BXC	B	0.0%
KHC	F	0.0%
QNST	C	0.0%
ERAS	C	0.0%
GXO	B	0.0%
NTRA	A	0.0%
GRAB	A	0.0%
PODD	B	0.0%
IQ	F	0.0%
ALEC	F	0.0%
RCKT	F	0.0%
BRZE	C	0.0%
AX	B	0.0%
FUBO	F	0.0%
AXSM	B	0.0%
TUYA	C	0.0%
RXRX	D	0.0%
VPG	F	0.0%
HST	D	0.0%
CCBG	B	0.0%
LMB	A	0.0%
ATKR	D	0.0%
BYND	F	0.0%
RVMD	B	0.0%
CERT	F	0.0%
KIM	A	0.0%
CSTL	C	0.0%
ESTC	C	0.0%
PFSI	C	0.0%
VRNS	D	0.0%
ARVN	F	0.0%
YEXT	B	0.0%
ELF	C	0.0%
UEC	A	0.0%
NSSC	F	0.0%
TRUP	B	0.0%
NUVL	D	0.0%
ASPN	F	0.0%
NUVB	C	0.0%
SPT	C	0.0%
PCG	A	0.0%
VITL	D	0.0%
DCO	B	0.0%
KLG	D	0.0%
IIIN	D	0.0%
RLAY	F	0.0%
DOCN	D	0.0%
JELD	F	0.0%
PLPC	B	0.0%
CSGP	F	0.0%
SPR	D	0.0%
TTWO	A	0.0%
CASS	B	0.0%
RGEN	F	0.0%
SAM	C	0.0%
VRDN	D	0.0%
ALLO	F	0.0%
RNG	C	0.0%
JBI	F	0.0%
SITE	D	0.0%
ENFN	B	0.0%
IBUY	B	0.0%
LSPD	B	0.0%
RLJ	C	0.0%
PRG	C	0.0%
PTGX	D	0.0%
RUN	F	0.0%
ACVA	A	0.0%
HCP	B	0.0%
RPAY	D	0.0%
CIG	C	0.0%
AMPS	C	0.0%
CHGX	B	0.0%
CC	D	0.0%
CLOV	D	0.0%
ACHR	B	0.0%
PLUG	F	0.0%
EDIT	F	0.0%
KEP	B	0.0%
VVI	B	0.0%
REZI	A	0.0%
PL	A	0.0%
PATH	C	0.0%
DMRC	B	0.0%
BZ	F	0.0%
BILI	C	0.0%
PLAB	D	0.0%
CIB	B	0.0%
ENVX	F	0.0%
RAMP	C	0.0%
OGN	F	0.0%
NPAB	F	0.0%
WRLD	D	0.0%
CHPT	F	0.0%
NVT	C	0.0%
EQT	A	0.0%
APLD	A	0.0%
DRH	B	0.0%
KREF	D	0.0%
LYFT	C	0.0%
EXTR	C	0.0%
ROIV	D	0.0%
PAYO	A	0.0%
BLND	A	0.0%
AMG	C	0.0%
UPWK	C	0.0%
ROCK	D	0.0%
WULF	C	0.0%
HSII	B	0.0%
LEU	C	0.0%
VKTX	F	0.0%
OPEN	F	0.0%
NEO	C	0.0%
ASAN	C	0.0%
FLNC	C	0.0%
PAR	A	0.0%
REPX	A	0.0%
NRIX	C	0.0%
PRCT	B	0.0%
CARS	C	0.0%
TIGR	D	0.0%
IDXX	F	0.0%
AMR	C	0.0%
WIX	A	0.0%
ELAN	D	0.0%
CDE	C	0.0%
SQM	D	0.0%
MNMD	C	0.0%
VERV	D	0.0%
GPN	C	0.0%
HEES	C	0.0%
REG	A	0.0%
WEAV	B	0.0%
XMTR	C	0.0%
EA	A	0.0%
CMPR	F	0.0%

SPGM Underweight 163 Positions Relative to FDIS

Symbol	Grade	Weight
MAR	B	-1.14%
HLT	A	-1.04%
AZO	C	-0.89%
LEN	D	-0.69%
GRMN	B	-0.55%
NVR	D	-0.5%
TSCO	D	-0.5%
DECK	A	-0.47%
PHM	D	-0.47%
DRI	C	-0.35%
BBY	D	-0.32%
ULTA	F	-0.32%
GPC	F	-0.3%
TOL	B	-0.29%
WSM	D	-0.29%
DPZ	C	-0.27%
TXRH	B	-0.25%
POOL	D	-0.25%
KMX	C	-0.23%
SCI	A	-0.23%
DKS	D	-0.22%
BLD	F	-0.21%
MUSA	B	-0.2%
LAD	B	-0.2%
ARMK	C	-0.19%
LKQ	F	-0.19%
FND	F	-0.19%
PLNT	A	-0.18%
WYNN	D	-0.18%
MGM	D	-0.18%
CHDN	C	-0.18%
WING	D	-0.18%
TPX	B	-0.18%
RL	C	-0.17%
SKX	F	-0.16%
HAS	D	-0.16%
HRB	D	-0.16%
WH	B	-0.16%
TMHC	B	-0.15%
BWA	D	-0.15%
VFC	C	-0.15%
MHK	D	-0.15%
WHR	B	-0.14%
EAT	A	-0.14%
GNTX	F	-0.14%
H	B	-0.14%
ALV	C	-0.14%
CHWY	B	-0.13%
OLLI	D	-0.13%
KBH	D	-0.13%
GPI	B	-0.13%
MTN	C	-0.13%
MTH	D	-0.13%
BC	D	-0.12%
BFAM	F	-0.12%
BYD	B	-0.12%
PVH	C	-0.12%
LRN	A	-0.11%
ABG	B	-0.11%
KTB	A	-0.11%
GAP	D	-0.11%
LEA	F	-0.11%
CHH	A	-0.11%
RH	D	-0.11%
SHAK	C	-0.11%
LOPE	B	-0.11%
VVV	D	-0.11%
FTDR	B	-0.11%
TPH	D	-0.1%
TNL	B	-0.1%
FIVE	F	-0.1%
SIG	C	-0.1%
DORM	B	-0.1%
AN	D	-0.1%
GHC	B	-0.09%
HBI	B	-0.09%
NWL	B	-0.09%
CVCO	A	-0.09%
ATGE	B	-0.09%
SGBX	F	-0.09%
LCII	D	-0.08%
AEO	F	-0.08%
COLM	B	-0.08%
VAC	C	-0.08%
PATK	D	-0.08%
WWW	A	-0.08%
SHOO	D	-0.08%
HGV	C	-0.08%
PII	F	-0.08%
WEN	C	-0.08%
PAG	B	-0.08%
ASO	F	-0.08%
GOLF	B	-0.07%
JWN	C	-0.07%
CWH	C	-0.07%
RRR	F	-0.07%
UAA	C	-0.07%
LAUR	A	-0.07%
CAKE	B	-0.07%
PHIN	B	-0.07%
AAP	D	-0.06%
STRA	C	-0.06%
UA	C	-0.06%
SBH	B	-0.06%
BKE	B	-0.06%
FL	F	-0.06%
LTH	C	-0.06%
LZB	B	-0.06%
VC	F	-0.06%
GT	C	-0.06%
URBN	C	-0.06%
ADTN	A	-0.06%
MNRO	C	-0.05%
PLYA	B	-0.05%
LEVI	F	-0.05%
MBUU	C	-0.05%
SAH	B	-0.05%
FLUT	A	-0.05%
WINA	B	-0.05%
GIII	D	-0.05%
UTI	A	-0.05%
UPBD	C	-0.05%
DDS	B	-0.05%
CRI	F	-0.05%
XPEL	C	-0.05%
LEG	F	-0.05%
PZZA	F	-0.05%
CPRI	F	-0.05%
AXL	C	-0.04%
MODG	F	-0.04%
RGR	F	-0.04%
FWRG	C	-0.04%
HZO	F	-0.04%
ETD	D	-0.04%
OXM	F	-0.04%
COUR	F	-0.04%
JACK	D	-0.04%
PTLO	F	-0.04%
CAL	F	-0.04%
WOR	F	-0.04%
SCVL	F	-0.04%
FOXF	F	-0.04%
DNUT	F	-0.04%
HELE	C	-0.04%
PRDO	B	-0.04%
SMP	C	-0.04%
GDEN	B	-0.04%
CBRL	C	-0.04%
MCW	C	-0.04%
GES	F	-0.03%
ARKO	D	-0.03%
RICK	C	-0.03%
BALY	A	-0.03%
ODP	F	-0.03%
BLMN	F	-0.03%
UDMY	D	-0.03%
GTX	F	-0.03%
HVT	D	-0.02%
BOWL	D	-0.02%
MOV	D	-0.02%
ARHS	F	-0.02%
SRI	F	-0.01%
RSI	B	-0.0%