SPGM vs. FNDF ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Schwab Fundamental International Large Company Index ETF (FNDF)

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

$62.43

Average Daily Volume

53,917

Number of Holdings ^*

954

* may have additional holdings in another (foreign) market

FNDF

Schwab Fundamental International Large Company Index ETF

FNDF Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Developed ex-U.S. Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$36.14

Average Daily Volume

857,716

Number of Holdings ^*

48

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	FNDF
30 Days	3.89%	2.84%
60 Days	5.46%	1.53%
90 Days	8.48%	4.92%
12 Months	20.32%	13.95%

30 Overlapping Holdings

	Symbol	Grade	Weight in SPGM	Weight in FNDF	Overlap
	ABBV	B	0.37%	0.23%	0.23%
	ABBV	B	0.19%	0.23%	0.19%
	ALLE	C	0.03%	0.01%	0.01%
	APTV	F	0.0%	0.02%	0.0%
	BCS	A	0.06%	0.38%	0.06%
	CNI	D	0.15%	0.19%	0.15%
	DEO	F	0.07%	0.16%	0.07%
	E	D	0.06%	0.42%	0.06%
	GOLD	B	0.02%	0.16%	0.02%
	HMC	F	0.03%	0.7%	0.03%
	KB	B	0.04%	0.19%	0.04%
	KEP	D	0.0%	0.1%	0.0%
	LULU	F	0.02%	0.01%	0.01%
	LYG	A	0.05%	0.36%	0.05%
	MDT	D	0.21%	0.1%	0.1%
	MFG	B	0.06%	0.26%	0.06%
	MT	D	0.02%	0.24%	0.02%
	MUFG	B	0.17%	0.49%	0.17%
	NMR	C	0.05%	0.09%	0.05%
	NVS	B	0.24%	0.59%	0.24%
	NXPI	B	0.01%	0.03%	0.01%
	SHG	B	0.02%	0.17%	0.02%
	SMFG	B	0.08%	0.41%	0.08%
	SONY	B	0.2%	0.43%	0.2%
	STLA	F	0.07%	0.44%	0.07%
	TD	D	0.12%	0.39%	0.12%
	TIGO	B	0.0%	0.01%	0.0%
	TM	F	0.32%	1.45%	0.32%
	TT	A	0.16%	0.02%	0.02%
	UL	A	0.16%	0.54%	0.16%

SPGM Overweight 924 Positions Relative to FNDF

	Symbol	Grade	Weight
	AAPL	B	3.89%
	MSFT	C	3.87%
	NVDA	C	3.73%
	AMZN	C	2.16%
	META	C	1.39%
	GOOG	C	1.27%
	GOOGL	C	1.24%
	TSM	B	1.01%
	AVGO	B	0.97%
	LLY	B	0.87%
	JPM	B	0.84%
	TSLA	C	0.8%
	XOM	D	0.68%
	BRK.A	C	0.65%
	V	F	0.63%
	COST	C	0.6%
	UNH	D	0.58%
	PG	D	0.49%
	BAC	A	0.48%
	HD	C	0.48%
	MRK	C	0.43%
	CRM	F	0.41%
	TMO	D	0.41%
	ADBE	C	0.4%
	TXN	B	0.4%
	JNJ	D	0.39%
	MA	D	0.39%
	AMAT	C	0.39%
	INTU	C	0.38%
	ORCL	B	0.37%
	WFC	B	0.37%
	WMT	B	0.35%
	QCOM	C	0.35%
	CVX	D	0.35%
	TJX	A	0.34%
	ABT	D	0.33%
	NFLX	C	0.32%
	LIN	C	0.32%
	DHR	D	0.31%
	KO	B	0.31%
	AXP	B	0.31%
	GS	A	0.31%
	CSCO	D	0.3%
	RTX	D	0.29%
	AMD	C	0.29%
	PEP	D	0.28%
	DIS	F	0.27%
	CAT	D	0.27%
	UNP	D	0.26%
	C	B	0.26%
	CB	D	0.25%
	MS	A	0.25%
	MCK	C	0.25%
	ACN	D	0.25%
	BKNG	C	0.25%
	LOW	C	0.25%
	AMGN	B	0.24%
	IBM	C	0.24%
	NEE	C	0.24%
	LMT	D	0.23%
	GD	D	0.23%
	ELV	C	0.23%
	PLD	C	0.23%
	AFL	A	0.22%
	ETN	C	0.22%
	SPGI	A	0.22%
	WM	B	0.22%
	A	D	0.21%
	HON	B	0.21%
	COP	D	0.2%
	PSA	B	0.2%
	MCD	D	0.2%
	PFE	C	0.2%
	CMI	C	0.2%
	ROST	A	0.19%
	EMR	B	0.19%
	ADI	B	0.19%
	NKE	F	0.19%
	FDX	B	0.19%
	CSX	C	0.19%
	MPC	F	0.19%
	ADP	F	0.19%
	ORLY	C	0.19%
	MET	C	0.18%
	SYK	C	0.18%
	SBUX	F	0.18%
	T	B	0.18%
	INTC	D	0.18%
	AMT	B	0.17%
	CMCSA	F	0.17%
	TEL	A	0.17%
	BABA	C	0.17%
	SCHW	C	0.17%
	BDX	F	0.17%
	PM	A	0.17%
	TRV	D	0.17%
	MMC	A	0.17%
	IBN	B	0.17%
	DE	F	0.17%
	BK	A	0.16%
	EOG	B	0.16%
	DFS	B	0.16%
	GILD	C	0.15%
	PGR	B	0.15%
	AEP	C	0.15%
	INFY	B	0.15%
	JCI	C	0.15%
	NOC	F	0.15%
	PRU	A	0.15%
	ALL	D	0.14%
	CL	B	0.14%
	GE	D	0.14%
	ECL	A	0.14%
	CVS	F	0.14%
	VZ	B	0.14%
	NSC	D	0.14%
	GLW	B	0.13%
	SPG	B	0.13%
	PEG	B	0.13%
	HES	D	0.13%
	NOW	C	0.13%
	HSY	D	0.13%
	REGN	B	0.13%
	BA	D	0.13%
	BSX	B	0.13%
	RDY	A	0.13%
	UBER	C	0.13%
	PH	C	0.13%
	VLO	D	0.13%
	PNC	A	0.13%
	KMB	A	0.12%
	CTSH	C	0.12%
	COF	C	0.12%
	IR	B	0.12%
	SYY	D	0.12%
	CEG	C	0.12%
	TGT	C	0.12%
	ITW	D	0.12%
	EIX	C	0.11%
	FAST	D	0.11%
	PYPL	D	0.11%
	YUM	F	0.11%
	HPQ	C	0.11%
	NTAP	B	0.11%
	KEYS	D	0.11%
	CMG	D	0.11%
	UPS	F	0.11%
	ZTS	C	0.1%
	LRCX	C	0.1%
	AZN	D	0.1%
	MTB	A	0.1%
	PDD	D	0.1%
	MU	C	0.1%
	ADM	C	0.1%
	BIIB	C	0.1%
	PANW	C	0.1%
	USB	B	0.1%
	CLX	D	0.1%
	MKC	C	0.1%
	BMY	F	0.1%
	CRWD	C	0.1%
	MELI	B	0.09%
	F	B	0.09%
	ROIC	C	0.09%
	EBAY	B	0.09%
	DUK	B	0.09%
	SHOP	D	0.09%
	ISRG	B	0.09%
	VRTX	A	0.08%
	EL	F	0.08%
	VALE	F	0.08%
	MO	A	0.08%
	DD	B	0.08%
	UMH	B	0.08%
	GM	B	0.08%
	LYB	F	0.08%
	CI	D	0.08%
	SLB	D	0.08%
	WDC	B	0.08%
	CHTR	D	0.08%
	CME	D	0.08%
	CHT	F	0.08%
	MMM	B	0.08%
	FE	C	0.07%
	SO	B	0.07%
	WMB	B	0.07%
	DLTR	F	0.07%
	APD	D	0.07%
	ANET	C	0.07%
	STX	B	0.07%
	PPL	D	0.07%
	HDB	C	0.07%
	HPE	B	0.07%
	CTVA	D	0.07%
	BLK	B	0.07%
	DOW	F	0.07%
	SJM	F	0.07%
	UMC	C	0.07%
	MRO	B	0.07%
	TSN	D	0.07%
	CHRW	C	0.07%
	CHD	D	0.07%
	VGR	C	0.06%
	MDLZ	F	0.06%
	EQR	C	0.06%
	HAL	F	0.06%
	TCOM	D	0.06%
	EXC	D	0.06%
	PSX	D	0.06%
	DEA	B	0.06%
	KLAC	B	0.06%
	FTV	D	0.06%
	NXRT	C	0.06%
	JNPR	B	0.06%
	WIT	B	0.06%
	STT	B	0.06%
	OXY	D	0.06%
	AON	C	0.06%
	PKX	D	0.06%
	MOD	B	0.05%
	DOC	B	0.05%
	COIN	D	0.05%
	TTD	C	0.05%
	SMCI	C	0.05%
	LW	F	0.05%
	CAG	F	0.05%
	K	D	0.05%
	FCX	C	0.05%
	ITUB	C	0.05%
	SNPS	B	0.05%
	PLTR	B	0.05%
	ABNB	D	0.05%
	TMUS	B	0.05%
	GIS	D	0.05%
	VRT	D	0.05%
	CARR	B	0.05%
	BEN	D	0.05%
	BAX	D	0.05%
	LVS	F	0.04%
	GEV	B	0.04%
	NEM	A	0.04%
	EQIX	C	0.04%
	SNOW	F	0.04%
	TMDX	C	0.04%
	OTIS	B	0.04%
	FOXA	A	0.04%
	VLTO	D	0.04%
	GOOD	B	0.04%
	MRVL	C	0.04%
	MRNA	D	0.04%
	BX	B	0.04%
	SYF	A	0.04%
	KMI	A	0.03%
	CHCT	D	0.03%
	SQ	D	0.03%
	FTI	B	0.03%
	DXCM	D	0.03%
	DELL	C	0.03%
	AXNX	B	0.03%
	YUMC	F	0.03%
	SHW	C	0.03%
	HIMS	C	0.03%
	LNTH	B	0.03%
	BBD	F	0.03%
	KVUE	F	0.03%
	DDOG	C	0.03%
	NET	C	0.03%
	LNW	B	0.03%
	AXON	D	0.03%
	SE	B	0.03%
	BIDU	D	0.03%
	MPWR	C	0.03%
	BRSP	C	0.03%
	LDOS	B	0.03%
	DX	B	0.03%
	PBR	C	0.03%
	TPR	C	0.03%
	PBF	F	0.02%
	OII	C	0.02%
	TAL	F	0.02%
	AZEK	D	0.02%
	MSTR	D	0.02%
	MTDR	C	0.02%
	AIV	B	0.02%
	GGB	F	0.02%
	URI	C	0.02%
	NUE	D	0.02%
	SNAP	C	0.02%
	ALLY	A	0.02%
	QTWO	A	0.02%
	WBD	F	0.02%
	CFG	A	0.02%
	CVNA	B	0.02%
	DYN	A	0.02%
	CF	F	0.02%
	DVN	D	0.02%
	ABEV	F	0.02%
	KOS	F	0.02%
	HOV	C	0.02%
	APP	C	0.02%
	FICO	A	0.02%
	WBA	F	0.02%
	PARA	D	0.02%
	CDNS	C	0.02%
	HUBS	F	0.02%
	BABA	C	0.02%
	FSLR	D	0.02%
	AHH	C	0.02%
	TAC	D	0.02%
	LI	F	0.02%
	FTNT	D	0.02%
	IIPR	A	0.02%
	DKNG	F	0.02%
	MDB	F	0.02%
	ZS	C	0.02%
	MOS	F	0.02%
	GEHC	C	0.02%
	TTGT	C	0.02%
	WDAY	F	0.02%
	PINS	D	0.02%
	TBBK	C	0.02%
	WTTR	B	0.02%
	TEAM	D	0.02%
	ITCI	B	0.02%
	DASH	F	0.02%
	BKR	B	0.02%
	CHX	D	0.02%
	IFF	B	0.02%
	HCA	D	0.02%
	RCL	B	0.02%
	WRLD	C	0.01%
	ELAN	F	0.01%
	BOOT	C	0.01%
	BLFS	C	0.01%
	CARS	C	0.01%
	DXC	D	0.01%
	RAMP	F	0.01%
	SMAR	C	0.01%
	BE	D	0.01%
	NSSC	B	0.01%
	RKLB	C	0.01%
	WSR	A	0.01%
	FBK	A	0.01%
	BCRX	C	0.01%
	BASE	F	0.01%
	SLP	F	0.01%
	ITRI	D	0.01%
	GNRC	C	0.01%
	RVLV	F	0.01%
	BTU	D	0.01%
	CCO	C	0.01%
	SQM	F	0.01%
	IQ	F	0.01%
	ELF	B	0.01%
	PCH	F	0.01%
	ACLS	C	0.01%
	BGNE	F	0.01%
	U	F	0.01%
	LASR	F	0.01%
	PNTG	A	0.01%
	AI	C	0.01%
	PACK	C	0.01%
	GTLB	D	0.01%
	LOB	C	0.01%
	KOP	F	0.01%
	IDXX	D	0.01%
	VITL	C	0.01%
	ASPN	D	0.01%
	IMVT	D	0.01%
	CMPR	C	0.01%
	DLR	B	0.01%
	ALEX	C	0.01%
	LIND	C	0.01%
	OGN	C	0.01%
	GME	C	0.01%
	BZ	D	0.01%
	RIOT	F	0.01%
	DQ	F	0.01%
	OMI	F	0.01%
	CLNE	F	0.01%
	Z	C	0.01%
	M	C	0.01%
	JKS	F	0.01%
	PHI	C	0.01%
	EXAS	F	0.01%
	PTCT	D	0.01%
	PEN	F	0.01%
	AMR	D	0.01%
	XPO	D	0.01%
	MITK	F	0.01%
	PAY	D	0.01%
	CASH	B	0.01%
	W	F	0.01%
	JBI	D	0.01%
	ZTO	F	0.01%
	LBRDK	D	0.01%
	MCRI	C	0.01%
	YETI	D	0.01%
	NOV	C	0.01%
	RCUS	F	0.01%
	ACMR	D	0.01%
	CLBT	C	0.01%
	RLX	F	0.01%
	AAON	C	0.01%
	ULH	D	0.01%
	BZH	C	0.01%
	INTA	D	0.01%
	FUTU	D	0.01%
	BLBD	D	0.01%
	ENVX	C	0.01%
	CPRX	C	0.01%
	ZETA	C	0.01%
	HASI	C	0.01%
	OSW	B	0.01%
	COLL	D	0.01%
	SOFI	F	0.01%
	KD	C	0.01%
	GSAT	D	0.01%
	FOUR	C	0.01%
	COMP	C	0.01%
	DOCU	D	0.01%
	RNA	A	0.01%
	IDYA	C	0.01%
	EFC	A	0.01%
	AGNC	A	0.01%
	XPEV	D	0.01%
	MGNI	C	0.01%
	PRTA	D	0.01%
	TWLO	F	0.01%
	TGI	B	0.01%
	CZR	D	0.01%
	PTEN	F	0.01%
	ALGN	F	0.01%
	EXPE	C	0.01%
	ADSK	C	0.01%
	PHR	F	0.01%
	ALNY	A	0.01%
	ROKU	D	0.01%
	RDNT	B	0.01%
	VSTO	B	0.01%
	SEMR	D	0.01%
	POWL	D	0.01%
	MNDY	C	0.01%
	CCS	C	0.01%
	AKRO	C	0.01%
	INMD	F	0.01%
	ERJ	C	0.01%
	GMS	D	0.01%
	AES	D	0.01%
	MBIN	C	0.01%
	SQ	D	0.01%
	MHO	C	0.01%
	CLDX	D	0.01%
	MDGL	B	0.01%
	BBWI	F	0.01%
	AKO.A	B	0.01%
	CLDT	D	0.01%
	CENX	C	0.01%
	BHF	D	0.01%
	TREX	D	0.01%
	HSTM	B	0.01%
	MRC	C	0.01%
	AFRM	F	0.01%
	FIS	C	0.01%
	ALB	F	0.01%
	THR	D	0.01%
	SRPT	C	0.01%
	ILMN	D	0.01%
	EPAM	F	0.01%
	TGTX	B	0.01%
	BEKE	D	0.01%
	CROX	D	0.01%
	INSP	F	0.01%
	ENS	B	0.01%
	SID	F	0.01%
	TOST	D	0.01%
	SOLV	F	0.01%
	RYTM	C	0.01%
	MARA	D	0.01%
	TWST	B	0.01%
	BLDR	F	0.01%
	VTRS	C	0.01%
	GRBK	A	0.01%
	DVAX	F	0.01%
	VERX	B	0.01%
	CNH	F	0.01%
	GERN	C	0.01%
	ORA	C	0.01%
	MATX	C	0.01%
	NIO	F	0.01%
	FLNG	F	0.01%
	EPRT	B	0.01%
	OKTA	D	0.01%
	CLSK	D	0.01%
	KEX	B	0.01%
	ABR	B	0.01%
	NWSA	A	0.01%
	PLMR	C	0.01%
	BBIO	F	0.01%
	ENPH	F	0.01%
	VNT	C	0.01%
	ARWR	C	0.01%
	APA	D	0.01%
	VIPS	F	0.01%
	TME	B	0.01%
	CELH	F	0.01%
	SKY	C	0.01%
	ADMA	B	0.01%
	GMRE	C	0.01%
	VEEV	D	0.01%
	IMXI	F	0.01%
	ACEL	D	0.01%
	PLAY	F	0.01%
	TEVA	B	0.01%
	KSS	D	0.01%
	RBLX	C	0.01%
	AGYS	B	0.01%
	RIVN	C	0.01%
	CCL	C	0.01%
	ZM	F	0.01%
	ON	D	0.01%
	SRG	F	0.0%
	KRYS	B	0.0%
	XPEV	D	0.0%
	LI	F	0.0%
	SMWB	F	0.0%
	ZNTL	F	0.0%
	ALEC	D	0.0%
	MP	F	0.0%
	JOBY	C	0.0%
	JAMF	C	0.0%
	ATUS	F	0.0%
	UNIT	D	0.0%
	OEC	D	0.0%
	TH	F	0.0%
	OLMA	C	0.0%
	SCLX	C	0.0%
	CRCT	D	0.0%
	RGNX	F	0.0%
	AGL	D	0.0%
	REPX	C	0.0%
	DADA	F	0.0%
	CRNC	F	0.0%
	FLWS	C	0.0%
	BMBL	F	0.0%
	MORF	C	0.0%
	TPB	A	0.0%
	PKST	D	0.0%
	CGEM	D	0.0%
	BOC	F	0.0%
	ASTH	B	0.0%
	SAVA	F	0.0%
	FNA	D	0.0%
	MLCO	F	0.0%
	LGIH	D	0.0%
	DAN	F	0.0%
	EDIT	D	0.0%
	DENN	F	0.0%
	CABA	F	0.0%
	MCB	C	0.0%
	MLNK	C	0.0%
	ZEUS	F	0.0%
	PRVA	D	0.0%
	SNCY	D	0.0%
	CEVA	D	0.0%
	GDS	C	0.0%
	OLO	F	0.0%
	FSBC	C	0.0%
	KE	D	0.0%
	OVV	D	0.0%
	LUMN	F	0.0%
	SHEN	D	0.0%
	GDOT	D	0.0%
	FLGT	F	0.0%
	TELL	D	0.0%
	FIGS	D	0.0%
	PFC	C	0.0%
	MRVI	D	0.0%
	AMRC	D	0.0%
	MGPI	F	0.0%
	VERV	D	0.0%
	ORLA	D	0.0%
	MAX	F	0.0%
	MNSO	F	0.0%
	KRUS	F	0.0%
	LAW	F	0.0%
	CTKB	D	0.0%
	EYE	F	0.0%
	LSCC	F	0.0%
	TMCI	D	0.0%
	BEAM	D	0.0%
	QFIN	C	0.0%
	RENB	D	0.0%
	HOG	D	0.0%
	VIR	F	0.0%
	CNDT	C	0.0%
	TRUP	C	0.0%
	PDFS	C	0.0%
	SGRY	D	0.0%
	MAT	F	0.0%
	ELVN	B	0.0%
	SEDG	F	0.0%
	LPRO	F	0.0%
	MXL	C	0.0%
	APPN	D	0.0%
	ETNB	D	0.0%
	SANA	F	0.0%
	SHC	D	0.0%
	ZUO	D	0.0%
	DH	F	0.0%
	SOUN	D	0.0%
	HAE	C	0.0%
	WOLF	F	0.0%
	IBP	C	0.0%
	PACB	F	0.0%
	NCNO	C	0.0%
	HIBB	A	0.0%
	SWBI	D	0.0%
	BVN	C	0.0%
	MDXG	D	0.0%
	CECO	B	0.0%
	VNET	C	0.0%
	NMIH	A	0.0%
	OSPN	C	0.0%
	NABL	B	0.0%
	PARR	F	0.0%
	THO	D	0.0%
	LAND	C	0.0%
	DGII	F	0.0%
	GRPN	C	0.0%
	IRTC	D	0.0%
	XPOF	C	0.0%
	XHR	C	0.0%
	HURN	C	0.0%
	YOU	C	0.0%
	GOGO	F	0.0%
	LMND	C	0.0%
	ALTG	F	0.0%
	ICHR	C	0.0%
	CEIX	C	0.0%
	COTY	F	0.0%
	CALX	D	0.0%
	CRSR	F	0.0%
	RVNC	D	0.0%
	BROS	C	0.0%
	CUBI	B	0.0%
	FUBO	D	0.0%
	CAR	F	0.0%
	ALHC	B	0.0%
	DNOW	D	0.0%
	VCYT	D	0.0%
	IDT	D	0.0%
	QTRX	F	0.0%
	TLRY	D	0.0%
	RIG	F	0.0%
	THRM	D	0.0%
	VSCO	D	0.0%
	ATEN	D	0.0%
	AMC	D	0.0%
	SABR	D	0.0%
	ULCC	F	0.0%
	SVC	F	0.0%
	CYRX	F	0.0%
	APLS	F	0.0%
	LWLG	D	0.0%
	OSUR	F	0.0%
	UVV	D	0.0%
	ADUS	B	0.0%
	ESTA	D	0.0%
	SM	D	0.0%
	PDFS	C	0.0%
	S	D	0.0%
	GKOS	A	0.0%
	SHLS	F	0.0%
	HAYW	D	0.0%
	CXM	F	0.0%
	ENIC	C	0.0%
	LILAK	A	0.0%
	ENVA	A	0.0%
	SITM	B	0.0%
	NARI	C	0.0%
	HRI	D	0.0%
	HAYN	B	0.0%
	FVRR	F	0.0%
	NOVA	D	0.0%
	DHI	C	0.0%
	ACCD	F	0.0%
	ATRO	B	0.0%
	AOSL	B	0.0%
	SIBN	D	0.0%
	RXST	D	0.0%
	AMRK	D	0.0%
	ATEC	D	0.0%
	DBI	F	0.0%
	TASK	B	0.0%
	HL	C	0.0%
	CHEF	B	0.0%
	PENN	C	0.0%
	CCB	B	0.0%
	IAS	D	0.0%
	EMBC	D	0.0%
	NVRI	C	0.0%
	AA	D	0.0%
	PCVX	B	0.0%
	MQ	D	0.0%
	PUBM	D	0.0%
	GLBE	C	0.0%
	LAZR	D	0.0%
	GH	C	0.0%
	ARDX	F	0.0%
	YY	C	0.0%
	MNTK	D	0.0%
	PRO	F	0.0%
	NEOG	C	0.0%
	ATHM	C	0.0%
	TITN	F	0.0%
	AVNS	C	0.0%
	LCID	D	0.0%
	WGO	F	0.0%
	IAG	C	0.0%
	CLF	F	0.0%
	HTHT	F	0.0%
	VZIO	B	0.0%
	ARLO	B	0.0%
	NNDM	F	0.0%
	RRC	D	0.0%
	BXC	F	0.0%
	RVMD	B	0.0%
	RKT	C	0.0%
	AX	B	0.0%
	NEXT	C	0.0%
	YEXT	F	0.0%
	PL	D	0.0%
	XPRO	C	0.0%
	UCTT	B	0.0%
	FIZZ	C	0.0%
	NTRA	B	0.0%
	GRAB	D	0.0%
	CCBG	C	0.0%
	CYTK	D	0.0%
	BRBR	D	0.0%
	NVCR	D	0.0%
	VRDN	F	0.0%
	DFH	F	0.0%
	DUOL	F	0.0%
	SQSP	B	0.0%
	IIIV	C	0.0%
	PODD	C	0.0%
	FRSH	F	0.0%
	FSLY	F	0.0%
	QNST	D	0.0%
	ACHR	D	0.0%
	SPWR	F	0.0%
	CNC	D	0.0%
	STAA	C	0.0%
	CSTL	F	0.0%
	INN	D	0.0%
	NX	F	0.0%
	AR	D	0.0%
	GXO	D	0.0%
	MOMO	C	0.0%
	DHC	C	0.0%
	KIM	C	0.0%
	FC	C	0.0%
	MTW	F	0.0%
	SIGA	C	0.0%
	CFLT	F	0.0%
	AXSM	C	0.0%
	UWMC	C	0.0%
	ZI	F	0.0%
	FCEL	F	0.0%
	PRG	D	0.0%
	METC	D	0.0%
	UEC	C	0.0%
	PTON	F	0.0%
	EVRI	D	0.0%
	PCT	C	0.0%
	MTCH	D	0.0%
	EB	F	0.0%
	PHAT	C	0.0%
	FIVN	F	0.0%
	BURL	A	0.0%
	LEU	D	0.0%
	FDMT	D	0.0%
	NUVL	C	0.0%
	ADNT	F	0.0%
	NCLH	C	0.0%
	PCG	C	0.0%
	TNDM	C	0.0%
	CERT	F	0.0%
	WRBY	D	0.0%
	GNK	D	0.0%
	DIN	F	0.0%
	OPEN	F	0.0%
	LSPD	F	0.0%
	BIGC	D	0.0%
	APPF	B	0.0%
	RNG	F	0.0%
	PFSI	A	0.0%
	PAR	B	0.0%
	KHC	D	0.0%
	TXG	F	0.0%
	TTWO	F	0.0%
	SNDX	B	0.0%
	VRNS	C	0.0%
	KC	F	0.0%
	REZI	D	0.0%
	DCO	A	0.0%
	VVI	C	0.0%
	SDGR	F	0.0%
	SITE	F	0.0%
	ARCT	F	0.0%
	BYND	F	0.0%
	OSCR	D	0.0%
	TUYA	F	0.0%
	VGR	C	0.0%
	PGC	D	0.0%
	HST	D	0.0%
	PLUG	D	0.0%
	PTGX	B	0.0%
	PETQ	C	0.0%
	FROG	C	0.0%
	PLPC	F	0.0%
	TRNS	C	0.0%
	ACVA	D	0.0%
	ENFN	F	0.0%
	CASS	D	0.0%
	HSII	D	0.0%
	LYFT	F	0.0%
	NTLA	D	0.0%
	IBUY	C	0.0%
	DDD	D	0.0%
	PRCT	C	0.0%
	ZLAB	F	0.0%
	UPWK	D	0.0%
	DOCN	D	0.0%
	BRZE	F	0.0%
	WEAV	D	0.0%
	ARVN	F	0.0%
	CIG	C	0.0%
	KLG	F	0.0%
	RGEN	F	0.0%
	ARRY	F	0.0%
	IIIN	D	0.0%
	SAM	D	0.0%
	CRMT	D	0.0%
	GDRX	C	0.0%
	KREF	D	0.0%
	GDYN	D	0.0%
	CHGX	A	0.0%
	ETSY	F	0.0%
	HEES	D	0.0%
	RXRX	F	0.0%
	VMEO	F	0.0%
	KYMR	C	0.0%
	EXTR	D	0.0%
	CSGP	F	0.0%
	RLJ	D	0.0%
	BILI	C	0.0%
	TIGR	C	0.0%
	AMG	C	0.0%
	HCP	B	0.0%
	UPST	D	0.0%
	RUN	D	0.0%
	EQT	D	0.0%
	CTLP	F	0.0%
	INDI	D	0.0%
	SPR	B	0.0%
	FLYW	F	0.0%
	AMPS	D	0.0%
	INSW	D	0.0%
	TDOC	F	0.0%
	DOCS	C	0.0%
	LEGH	C	0.0%
	FLNC	F	0.0%
	CYH	D	0.0%
	WIX	C	0.0%
	HUYA	D	0.0%
	GPN	F	0.0%
	EVH	F	0.0%
	DRH	D	0.0%
	REG	B	0.0%
	NVAX	D	0.0%
	QS	D	0.0%
	NEO	D	0.0%
	AUPH	D	0.0%
	MEG	D	0.0%
	USLM	B	0.0%
	VICR	D	0.0%
	SRRK	F	0.0%
	EA	B	0.0%
	VPG	D	0.0%
	CHPT	D	0.0%
	RCKT	F	0.0%
	DT	F	0.0%
	ODFL	C	0.0%
	PIXY	F	0.0%
	SPT	D	0.0%
	PATH	F	0.0%
	ESTC	C	0.0%
	EXPI	D	0.0%
	AUR	C	0.0%
	ROCK	D	0.0%
	ASAN	F	0.0%
	CIB	C	0.0%
	RDFN	D	0.0%
	DNA	F	0.0%
	PNR	D	0.0%
	PLAB	D	0.0%
	JELD	F	0.0%
	RPAY	D	0.0%
	ALKT	B	0.0%
	CDE	A	0.0%
	ANF	C	0.0%
	VKTX	D	0.0%
	SONO	F	0.0%
	BJRI	B	0.0%
	CC	F	0.0%
	NVT	D	0.0%
	COHR	B	0.0%
	CIFR	C	0.0%
	ATKR	F	0.0%
	DMRC	C	0.0%
	BILL	F	0.0%

SPGM Underweight 19 Positions Relative to FNDF

	Symbol	Grade	Weight
	AGCO	F	-0.08%
	LPL	C	-0.07%
	WCN	B	-0.07%
	WFG	D	-0.07%
	LOGI	D	-0.04%
	BNTX	F	-0.03%
	OTEX	D	-0.03%
	ZIM	D	-0.03%
	FLUT	C	-0.03%
	KT	C	-0.02%
	SKM	C	-0.02%
	PRGO	F	-0.01%
	ICLR	B	-0.01%
	ALV	D	-0.01%
	CHKP	B	-0.01%
	ARM	C	-0.01%
	CCEP	C	-0.01%
	GRMN	C	-0.01%
	AER	B	-0.01%

SPGM: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Software - Infrastructure Information Technology Services Medical Devices Semiconductors Diagnostics & Research Internet Content & Information Oil & Gas E&P Specialty Retail Aerospace & Defense Telecom Services Credit Services Medical Instruments & Supplies Auto Manufacturers Banks - Regional - US Diversified Industrials Building Materials Drug Manufacturers - Major Leisure

Keywords: S&P 500 Nasdaq 100 Computing Medicine Natural Gas Bank Banking Biopharmaceutical Biotechnology Telecommunications Cloud Computing Real Estate Investment Trust Semiconductor Electricity Transport Cancer Dow Jones Component Mining IBD 50 Life Sciences

FNDF: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Banks - Regional - Asia Telecom Services Auto Parts Consumer Electronics Drug Manufacturers - Major Semiconductors Software - Application Airports & Air Services Apparel Stores Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Capital Markets Computer Systems Diagnostics & Research Drug Manufacturers - Specialty & Generic Farm & Construction Equipment

Keywords: S&P 500 Bank Banking Investment Banking Financial Products Investment Banking Services Asset Management Nasdaq 100 Asset Management Services Automotive Industry Commercial Banking Corporate Banking Insurance Products Investment Bank Securitization Structured Finance Telecommunications Transport Advisory Services Biotechnology