SPGM vs. RWO ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to SPDR DJ Wilshire Global Real Estate ETF (RWO)

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

RWO

SPDR DJ Wilshire Global Real Estate ETF

RWO Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the Dow Jones Global Select Real Estate Securities Indexsm. It invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a float-adjusted market capitalization index designed to measure the performance of publicly traded global real estate securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.50

Average Daily Volume

108,195

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	RWO
30 Days	-1.13%	-3.23%
60 Days	1.11%	-3.91%
90 Days	2.77%	0.89%
12 Months	24.21%	18.72%

28 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in RWO	Overlap
AIV	C	0.02%	0.08%	0.02%
ALEX	B	0.01%	0.09%	0.01%
CHCT	C	0.02%	0.03%	0.02%
CLDT	C	0.01%	0.03%	0.01%
DEA	D	0.06%	0.08%	0.06%
DHC	F	0.0%	0.04%	0.0%
DLR	A	0.01%	3.75%	0.01%
DOC	D	0.05%	1.02%	0.05%
DRH	B	0.0%	0.13%	0.0%
EPRT	A	0.01%	0.39%	0.01%
EQIX	A	0.05%	5.83%	0.05%
EQR	C	0.06%	1.71%	0.06%
GMRE	F	0.01%	0.04%	0.01%
HST	D	0.0%	0.84%	0.0%
IIPR	F	0.02%	0.2%	0.02%
INN	D	0.0%	0.05%	0.0%
KIM	A	0.0%	1.14%	0.0%
NXRT	A	0.07%	0.07%	0.07%
PLD	D	0.23%	7.27%	0.23%
PSA	C	0.22%	3.57%	0.22%
REG	A	0.0%	0.82%	0.0%
RLJ	C	0.0%	0.1%	0.0%
ROIC	A	0.12%	0.15%	0.12%
SPG	A	0.15%	3.74%	0.15%
SVC	F	0.0%	0.03%	0.0%
UMH	A	0.09%	0.09%	0.09%
VRE	A	0.0%	0.1%	0.0%
XHR	B	0.0%	0.11%	0.0%

SPGM Overweight 975 Positions Relative to RWO

Symbol	Grade	Weight
NVDA	A	4.01%
AAPL	C	3.74%
MSFT	D	3.35%
AMZN	B	2.13%
META	C	1.43%
GOOG	B	1.1%
GOOGL	B	1.1%
TSLA	A	1.01%
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%
HD	A	0.57%
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%
TJX	A	0.35%
CVX	A	0.35%
ADBE	D	0.34%
ABT	A	0.34%
RTX	D	0.33%
MS	A	0.32%
LIN	D	0.32%
LOW	C	0.31%
BKNG	A	0.31%
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%
MCD	D	0.23%
AMD	F	0.23%
MDT	D	0.23%
ADP	B	0.23%
SONY	B	0.22%
HON	B	0.22%
ORLY	B	0.22%
NVS	D	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%
SBUX	A	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%
NKE	F	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%
ROST	D	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%
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%
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%
CMG	C	0.11%
MKC	D	0.11%
KKR	A	0.11%
YUM	D	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%
MELI	D	0.1%
DUK	C	0.1%
ICE	C	0.1%
EBAY	D	0.1%
CHTR	B	0.1%
MMM	D	0.1%
BA	D	0.1%
CRWD	B	0.09%
CHRW	B	0.09%
REGN	F	0.09%
MO	A	0.09%
CME	A	0.09%
BLK	B	0.09%
ZTS	D	0.09%
GM	B	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%
MRO	A	0.07%
TCOM	B	0.07%
F	C	0.07%
SO	C	0.07%
SLB	C	0.07%
CTVA	C	0.07%
VRTX	D	0.07%
CHD	A	0.07%
UMC	F	0.06%
DOW	F	0.06%
AXON	A	0.06%
SYF	B	0.06%
COIN	A	0.06%
JNPR	D	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%
STLA	F	0.05%
FI	A	0.05%
ITUB	D	0.05%
OXY	F	0.05%
HAL	C	0.05%
NMR	B	0.05%
MOD	A	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%
RCL	A	0.04%
KVUE	A	0.04%
AA	A	0.04%
ALLE	D	0.04%
YUMC	B	0.04%
KB	B	0.04%
DLTR	F	0.04%
LVS	B	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%
ABNB	D	0.04%
CAG	F	0.04%
EL	F	0.04%
PKX	F	0.04%
TPR	B	0.04%
HMC	F	0.03%
LNTH	F	0.03%
FICO	B	0.03%
ITCI	B	0.03%
LNW	F	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%
CVNA	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%
DASH	A	0.03%
VERX	A	0.02%
TGTX	B	0.02%
NUE	D	0.02%
FSLR	F	0.02%
VEEV	C	0.02%
ACEL	C	0.02%
TOST	A	0.02%
GGB	C	0.02%
OII	B	0.02%
AGYS	A	0.02%
MCO	D	0.02%
DXCM	C	0.02%
AZEK	B	0.02%
PARA	D	0.02%
AFRM	A	0.02%
GOLD	C	0.02%
ABEV	F	0.02%
SKY	A	0.02%
AHH	D	0.02%
RBLX	B	0.02%
TTGT	B	0.02%
MOS	D	0.02%
CCL	A	0.02%
ZM	B	0.02%
TMDX	F	0.02%
LULU	C	0.02%
URI	B	0.02%
MPWR	F	0.02%
DKNG	B	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%
HOV	D	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%
BOOT	D	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%
M	D	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%
LAZR	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%
CROX	F	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%
NXPI	F	0.01%
PHR	F	0.01%
CIFR	C	0.01%
RDFN	D	0.01%
BGNE	D	0.01%
YETI	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%
CZR	F	0.01%
RCUS	F	0.01%
FBK	B	0.01%
KD	A	0.01%
BBWI	C	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%
LIND	B	0.01%
AMSC	C	0.01%
MCRI	A	0.01%
TGI	A	0.01%
MGNI	A	0.01%
INMD	C	0.01%
PEN	B	0.01%
OSW	B	0.01%
LOB	C	0.01%
MBIN	F	0.01%
ROKU	D	0.01%
BZH	C	0.01%
DH	F	0.01%
MNDY	D	0.01%
XPO	B	0.01%
TREX	D	0.01%
CCS	F	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%
VSTO	A	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%
MRC	B	0.01%
PBF	D	0.01%
Z	A	0.01%
RIVN	F	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%
EXPE	B	0.01%
SQ	A	0.01%
TDOC	D	0.01%
GME	C	0.01%
RVLV	B	0.01%
PAY	A	0.01%
SNAP	D	0.01%
UPST	B	0.01%
MHO	D	0.01%
BBIO	F	0.01%
ABR	B	0.01%
GSAT	C	0.01%
CNH	C	0.01%
KOS	D	0.01%
KSS	F	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%
TWLO	A	0.01%
PTON	C	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%
SOLV	F	0.01%
MRNA	F	0.01%
MATX	B	0.01%
TAL	D	0.01%
GRBK	D	0.01%
TEVA	D	0.01%
IMXI	B	0.01%
PLAY	D	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%
CRCT	F	0.0%
TH	C	0.0%
WOLF	F	0.0%
FLWS	F	0.0%
BMBL	C	0.0%
DAN	F	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%
DENN	D	0.0%
SPRY	C	0.0%
PKST	F	0.0%
OVV	C	0.0%
KE	C	0.0%
LGIH	F	0.0%
MLNK	C	0.0%
FLGT	F	0.0%
FIGS	F	0.0%
ITOS	F	0.0%
LSCC	D	0.0%
OLPX	D	0.0%
APTV	F	0.0%
MXL	C	0.0%
GRPN	F	0.0%
SNCY	C	0.0%
MNSO	C	0.0%
PRVA	C	0.0%
FNA	B	0.0%
MAX	F	0.0%
EYE	C	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%
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%
HOG	F	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%
SWBI	C	0.0%
CNDT	D	0.0%
IBP	F	0.0%
ELVN	C	0.0%
MAT	D	0.0%
ZUO	B	0.0%
LAND	F	0.0%
TLRY	F	0.0%
APLS	F	0.0%
ETNB	D	0.0%
KRUS	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%
XPOF	B	0.0%
CXM	C	0.0%
APPN	C	0.0%
THRM	F	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%
THO	C	0.0%
DJT	C	0.0%
DBI	F	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%
LESL	C	0.0%
HURN	B	0.0%
BROS	A	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%
AMRK	F	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%
DHI	D	0.0%
IAS	D	0.0%
SABR	B	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%
PENN	C	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%
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%
VZIO	A	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%
ADNT	F	0.0%
BIGC	C	0.0%
EWCZ	D	0.0%
EYPT	D	0.0%
WGO	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%
CRMT	F	0.0%
DFH	F	0.0%
IIIV	B	0.0%
UNIT	B	0.0%
EVH	F	0.0%
WOOF	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%
VSCO	A	0.0%
DIN	C	0.0%
FUBO	F	0.0%
AXSM	B	0.0%
BURL	A	0.0%
TUYA	C	0.0%
RXRX	D	0.0%
VPG	F	0.0%
ETSY	D	0.0%
CCBG	B	0.0%
LMB	A	0.0%
ATKR	D	0.0%
BYND	F	0.0%
LCID	F	0.0%
RVMD	B	0.0%
CERT	F	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%
DUOL	A	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%
ANF	C	0.0%
PRG	C	0.0%
PTGX	D	0.0%
RUN	F	0.0%
ACVA	A	0.0%
HCP	B	0.0%
WRBY	A	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%
NCLH	B	0.0%
ENVX	F	0.0%
RAMP	C	0.0%
OGN	F	0.0%
NPAB	F	0.0%
QS	D	0.0%
WRLD	D	0.0%
CHPT	F	0.0%
NVT	C	0.0%
EVRI	A	0.0%
EQT	A	0.0%
APLD	A	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%
BJRI	C	0.0%
REPX	A	0.0%
NRIX	C	0.0%
LEGH	D	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%
SONO	C	0.0%
CDE	C	0.0%
SQM	D	0.0%
W	D	0.0%
MNMD	C	0.0%
VERV	D	0.0%
GPN	C	0.0%
HEES	C	0.0%
WEAV	B	0.0%
XMTR	C	0.0%
EA	A	0.0%
CMPR	F	0.0%

SPGM Underweight 72 Positions Relative to RWO

Symbol	Grade	Weight
WELL	A	-5.32%
O	C	-3.34%
EXR	C	-2.37%
AVB	B	-2.21%
VTR	B	-1.79%
ESS	A	-1.33%
INVH	D	-1.31%
MAA	A	-1.26%
ARE	F	-1.15%
SUI	C	-1.0%
UDR	C	-0.92%
ELS	B	-0.91%
CPT	C	-0.88%
WPC	C	-0.82%
AMH	C	-0.81%
BXP	D	-0.79%
CUBE	C	-0.74%
OHI	B	-0.7%
REXR	F	-0.62%
BRX	A	-0.59%
FRT	B	-0.58%
EGP	D	-0.57%
ADC	A	-0.52%
NNN	C	-0.52%
FR	C	-0.47%
VNO	C	-0.47%
RHP	B	-0.46%
STAG	D	-0.45%
KRG	A	-0.4%
TRNO	D	-0.4%
COLD	F	-0.39%
SLG	B	-0.34%
CTRE	C	-0.34%
IRT	A	-0.32%
CUZ	B	-0.32%
PECO	A	-0.32%
KRC	C	-0.29%
MAC	A	-0.28%
SKT	A	-0.27%
APLE	B	-0.24%
EPR	D	-0.23%
NHI	D	-0.23%
HIW	D	-0.23%
CDP	C	-0.23%
BNL	D	-0.22%
PK	D	-0.21%
DEI	B	-0.21%
NSA	C	-0.2%
LXP	D	-0.19%
UE	A	-0.19%
FCPT	C	-0.18%
MPW	F	-0.18%
AKR	A	-0.18%
SHO	D	-0.14%
EQC	A	-0.14%
ESRT	C	-0.1%
GNL	D	-0.1%
ELME	D	-0.1%
PEB	F	-0.1%
GTY	A	-0.1%
KW	B	-0.09%
JBGS	F	-0.09%
AAT	A	-0.09%
CSR	A	-0.08%
PDM	D	-0.08%
NTST	D	-0.08%
BDN	C	-0.06%
PGRE	D	-0.06%
PLYM	F	-0.05%
UHT	D	-0.04%
HPP	F	-0.04%
SRG	F	-0.01%