SPGM vs. SAA ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to ProShares Ultra SmallCap600 (SAA)

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

$60.71

Average Daily Volume

71,179

Number of Holdings ^*

1003

* may have additional holdings in another (foreign) market

SAA

ProShares Ultra SmallCap600

SAA Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the S&P SmallCap 600®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.18

Average Daily Volume

18,087

Number of Holdings ^*

577

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	SAA
30 Days	4.37%	3.69%
60 Days	-2.08%	5.68%
90 Days	1.01%	4.13%
12 Months	19.30%	17.44%

151 Overlapping Holdings

Symbol	Grade	Weight in SPGM	Weight in SAA	Overlap
ABR	B	0.01%	0.14%	0.01%
ACLS	F	0.0%	0.19%	0.0%
ADUS	B	0.0%	0.13%	0.0%
AGYS	C	0.01%	0.12%	0.01%
AHH	B	0.02%	0.04%	0.02%
ALEX	B	0.01%	0.08%	0.01%
AMR	F	0.0%	0.15%	0.0%
AOSL	D	0.0%	0.05%	0.0%
ARLO	F	0.0%	0.06%	0.0%
ASTH	B	0.0%	0.11%	0.0%
ATEN	D	0.0%	0.05%	0.0%
AVNS	B	0.0%	0.06%	0.0%
AX	C	0.0%	0.19%	0.0%
BJRI	D	0.0%	0.04%	0.0%
BLFS	B	0.01%	0.05%	0.01%
BOOT	B	0.01%	0.23%	0.01%
BTU	D	0.01%	0.13%	0.01%
CALX	D	0.0%	0.12%	0.0%
CARS	D	0.0%	0.06%	0.0%
CASH	A	0.01%	0.09%	0.01%
CCS	B	0.01%	0.15%	0.01%
CEIX	D	0.0%	0.14%	0.0%
CENX	F	0.01%	0.04%	0.01%
CERT	F	0.0%	0.07%	0.0%
CEVA	B	0.0%	0.03%	0.0%
CHCT	F	0.02%	0.02%	0.02%
CHEF	B	0.0%	0.08%	0.0%
COLL	B	0.01%	0.07%	0.01%
CPRX	B	0.01%	0.12%	0.01%
CRSR	F	0.0%	0.02%	0.0%
CTKB	F	0.0%	0.03%	0.0%
CUBI	F	0.0%	0.08%	0.0%
CXM	F	0.0%	0.06%	0.0%
DAN	F	0.0%	0.08%	0.0%
DBI	F	0.0%	0.02%	0.0%
DDD	F	0.01%	0.02%	0.01%
DEA	A	0.06%	0.08%	0.06%
DGII	B	0.0%	0.06%	0.0%
DIN	F	0.0%	0.03%	0.0%
DNOW	D	0.0%	0.07%	0.0%
DOCN	B	0.0%	0.11%	0.0%
DRH	D	0.0%	0.1%	0.0%
DRQ	F	0.0%	0.03%	0.0%
DVAX	C	0.01%	0.08%	0.01%
DXC	A	0.01%	0.2%	0.01%
EFC	B	0.01%	0.06%	0.01%
EGBN	C	0.0%	0.04%	0.0%
EMBC	B	0.0%	0.05%	0.0%
ENVA	B	0.0%	0.12%	0.0%
EPRT	A	0.01%	0.3%	0.01%
EXPI	F	0.01%	0.05%	0.01%
EXTR	C	0.0%	0.11%	0.0%
EYE	F	0.0%	0.04%	0.0%
FBK	B	0.01%	0.09%	0.01%
FIZZ	D	0.0%	0.06%	0.0%
FLGT	D	0.0%	0.03%	0.0%
GDOT	B	0.0%	0.03%	0.0%
GKOS	B	0.0%	0.37%	0.0%
GMS	D	0.01%	0.2%	0.01%
GOGO	D	0.0%	0.03%	0.0%
GRBK	B	0.02%	0.11%	0.02%
HASI	B	0.01%	0.2%	0.01%
HAYN	A	0.0%	0.04%	0.0%
HAYW	B	0.0%	0.1%	0.0%
HSII	B	0.0%	0.04%	0.0%
HSTM	C	0.01%	0.04%	0.01%
IBP	D	0.0%	0.28%	0.0%
ICHR	F	0.0%	0.06%	0.0%
IIIN	D	0.0%	0.04%	0.0%
IIPR	B	0.02%	0.19%	0.02%
INN	B	0.0%	0.04%	0.0%
ITRI	D	0.01%	0.25%	0.01%
KLG	B	0.0%	0.06%	0.0%
KOP	D	0.01%	0.04%	0.01%
KREF	A	0.0%	0.04%	0.0%
KRYS	D	0.0%	0.28%	0.0%
KSS	F	0.01%	0.12%	0.01%
LESL	F	0.0%	0.03%	0.0%
LGIH	C	0.0%	0.12%	0.0%
LUMN	B	0.01%	0.29%	0.01%
MARA	F	0.01%	0.25%	0.01%
MATX	C	0.01%	0.25%	0.01%
MCRI	A	0.01%	0.05%	0.01%
MERC	F	0.0%	0.01%	0.0%
MGPI	B	0.0%	0.08%	0.0%
MHO	B	0.01%	0.24%	0.01%
MXL	F	0.0%	0.05%	0.0%
NABL	D	0.0%	0.05%	0.0%
NARI	D	0.0%	0.12%	0.0%
NBR	F	0.01%	0.04%	0.01%
NEO	B	0.01%	0.11%	0.01%
NMIH	B	0.0%	0.18%	0.0%
NVRI	C	0.0%	0.05%	0.0%
NX	D	0.0%	0.07%	0.0%
NXRT	B	0.07%	0.06%	0.06%
OGN	C	0.01%	0.31%	0.01%
OII	C	0.02%	0.15%	0.02%
OMI	C	0.01%	0.06%	0.01%
PARR	F	0.0%	0.06%	0.0%
PDFS	D	0.0%	0.05%	0.0%
PDFS	D	0.0%	0.05%	0.0%
PENN	F	0.0%	0.15%	0.0%
PLAB	F	0.0%	0.08%	0.0%
PLAY	F	0.01%	0.05%	0.01%
PLMR	B	0.01%	0.13%	0.01%
POWL	C	0.01%	0.08%	0.01%
PRG	B	0.0%	0.11%	0.0%
PRVA	D	0.0%	0.12%	0.0%
PTEN	F	0.01%	0.15%	0.01%
PTGX	B	0.0%	0.14%	0.0%
PUMP	F	0.0%	0.04%	0.0%
QNST	B	0.0%	0.05%	0.0%
RAMP	F	0.0%	0.09%	0.0%
RCUS	C	0.01%	0.05%	0.01%
RDNT	B	0.01%	0.24%	0.01%
REZI	D	0.0%	0.16%	0.0%
RGNX	F	0.0%	0.03%	0.0%
ROCK	D	0.0%	0.11%	0.0%
ROIC	B	0.1%	0.11%	0.1%
RUN	B	0.01%	0.25%	0.01%
SABR	F	0.0%	0.06%	0.0%
SDGR	F	0.01%	0.06%	0.01%
SEDG	F	0.0%	0.08%	0.0%
SHEN	F	0.0%	0.04%	0.0%
SITM	C	0.0%	0.13%	0.0%
SLP	F	0.01%	0.03%	0.01%
SM	D	0.0%	0.29%	0.0%
SNCY	D	0.0%	0.02%	0.0%
SONO	F	0.0%	0.08%	0.0%
STAA	F	0.0%	0.09%	0.0%
SVC	D	0.0%	0.04%	0.0%
TBBK	B	0.03%	0.14%	0.03%
TGI	D	0.01%	0.06%	0.01%
THRM	D	0.0%	0.09%	0.0%
TNDM	B	0.0%	0.16%	0.0%
TRUP	B	0.0%	0.09%	0.0%
TTGT	F	0.02%	0.04%	0.02%
UCTT	F	0.0%	0.09%	0.0%
UNIT	A	0.0%	0.06%	0.0%
UVV	B	0.0%	0.07%	0.0%
VGR	B	0.07%	0.11%	0.07%
VICR	D	0.0%	0.05%	0.0%
VIR	F	0.0%	0.04%	0.0%
VSCO	A	0.0%	0.11%	0.0%
VSTO	C	0.01%	0.12%	0.01%
VVI	D	0.0%	0.04%	0.0%
WGO	D	0.0%	0.09%	0.0%
WRLD	D	0.0%	0.02%	0.0%
WSR	D	0.01%	0.03%	0.01%
XHR	D	0.0%	0.08%	0.0%
ZEUS	F	0.0%	0.02%	0.0%

SPGM Overweight 852 Positions Relative to SAA

Symbol	Grade	Weight
AAPL	C	3.82%
MSFT	D	3.41%
NVDA	D	3.14%
AMZN	D	1.91%
META	C	1.36%
GOOGL	D	1.04%
GOOG	D	1.03%
LLY	B	0.92%
TSM	D	0.88%
JPM	B	0.88%
AVGO	D	0.83%
BRK.A	B	0.76%
UNH	A	0.71%
XOM	C	0.68%
TSLA	D	0.68%
V	A	0.65%
COST	B	0.56%
HD	B	0.53%
PG	A	0.52%
BAC	D	0.47%
TMO	A	0.46%
JNJ	B	0.44%
ABBV	B	0.44%
MA	B	0.41%
CRM	D	0.39%
WMT	A	0.39%
ADBE	B	0.39%
MRK	D	0.39%
TXN	C	0.38%
ABT	A	0.35%
LIN	B	0.35%
WFC	D	0.35%
KO	B	0.35%
INTU	D	0.35%
TJX	B	0.35%
DHR	B	0.34%
ORCL	A	0.34%
RTX	B	0.34%
AXP	B	0.33%
NFLX	B	0.32%
GS	C	0.32%
CSCO	B	0.32%
CVX	F	0.32%
TM	F	0.3%
PEP	A	0.3%
UNP	B	0.29%
LOW	B	0.29%
CB	A	0.28%
IBM	A	0.28%
QCOM	F	0.28%
ACN	A	0.28%
NEE	A	0.27%
CAT	C	0.27%
LMT	A	0.27%
AFL	B	0.26%
NVS	B	0.26%
PLD	B	0.26%
AMAT	F	0.26%
BKNG	C	0.25%
ELV	B	0.25%
SPGI	A	0.25%
AMGN	C	0.25%
GD	B	0.24%
DIS	F	0.24%
MCK	D	0.24%
AMD	F	0.24%
MS	C	0.24%
MDT	A	0.24%
C	D	0.24%
A	B	0.23%
CMI	B	0.23%
MCD	A	0.23%
SONY	B	0.23%
PSA	A	0.23%
WM	D	0.22%
ADP	B	0.22%
PFE	D	0.21%
ORLY	B	0.21%
PM	A	0.21%
ETN	D	0.2%
SBUX	B	0.2%
T	A	0.2%
HON	D	0.2%
NKE	C	0.2%
COP	D	0.19%
FDX	D	0.19%
MPC	D	0.19%
TRV	A	0.19%
UL	A	0.19%
CSX	D	0.19%
AMT	A	0.19%
SYK	A	0.19%
ABBV	B	0.19%
ROST	B	0.19%
MET	B	0.19%
INFY	B	0.18%
IBN	C	0.18%
ADI	C	0.18%
NOC	B	0.18%
BDX	D	0.18%
DE	B	0.18%
MMC	A	0.18%
BABA	B	0.18%
NSC	B	0.17%
TT	B	0.17%
ISRG	B	0.17%
CMCSA	C	0.17%
AEP	A	0.17%
EMR	D	0.17%
GILD	A	0.17%
BK	B	0.17%
PGR	A	0.17%
PNC	B	0.16%
JCI	C	0.16%
ALL	B	0.16%
MUFG	D	0.16%
DFS	C	0.16%
TEL	C	0.16%
REGN	B	0.15%
CNI	D	0.15%
PH	B	0.15%
VZ	B	0.15%
SCHW	D	0.15%
EOG	D	0.15%
CL	A	0.15%
PRU	C	0.15%
PEG	B	0.14%
GE	C	0.14%
HSY	A	0.14%
BSX	A	0.14%
SPG	B	0.14%
RDY	C	0.14%
CVS	F	0.14%
ECL	B	0.14%
TGT	B	0.13%
EIX	A	0.13%
PYPL	B	0.13%
BMY	B	0.13%
CTSH	B	0.13%
UBER	B	0.13%
ITW	C	0.13%
GLW	C	0.13%
SYY	A	0.13%
NOW	B	0.13%
INTC	F	0.12%
VLO	D	0.12%
USB	B	0.12%
MKC	A	0.12%
COF	C	0.12%
TD	A	0.12%
CLX	A	0.12%
KMB	A	0.12%
KEYS	C	0.12%
MELI	B	0.11%
DUK	A	0.11%
UPS	F	0.11%
AZN	B	0.11%
MMM	B	0.11%
HPQ	D	0.11%
MTB	B	0.11%
YUM	B	0.11%
BA	F	0.11%
HES	F	0.11%
FAST	D	0.11%
IR	D	0.11%
SHOP	C	0.1%
CMG	D	0.1%
NTAP	D	0.1%
ZTS	A	0.1%
CEG	D	0.1%
EBAY	A	0.1%
PANW	B	0.1%
CHT	A	0.09%
CHRW	B	0.09%
CME	A	0.09%
CI	B	0.09%
BIIB	D	0.09%
MO	A	0.09%
UMH	A	0.09%
ADM	D	0.09%
CHTR	C	0.09%
VRTX	D	0.08%
SJM	A	0.08%
LYB	D	0.08%
BLK	B	0.08%
SMFG	D	0.08%
DD	C	0.08%
PPL	A	0.08%
GM	B	0.08%
TSN	A	0.08%
JNPR	A	0.07%
EL	F	0.07%
WDC	D	0.07%
VALE	F	0.07%
K	A	0.07%
LRCX	F	0.07%
PDD	F	0.07%
WMB	B	0.07%
MRO	C	0.07%
CRWD	F	0.07%
DOW	D	0.07%
UMC	C	0.07%
STT	B	0.07%
APD	B	0.07%
F	D	0.07%
SLB	F	0.07%
AON	A	0.07%
CHD	A	0.07%
DEO	C	0.07%
CTVA	B	0.07%
SO	A	0.07%
FE	A	0.07%
OXY	F	0.06%
E	D	0.06%
PSX	D	0.06%
TCOM	A	0.06%
STLA	F	0.06%
TMUS	B	0.06%
CARR	B	0.06%
PKX	F	0.06%
FTV	D	0.06%
BCS	B	0.06%
ANET	D	0.06%
MDLZ	A	0.06%
PLTR	B	0.06%
GIS	A	0.06%
WIT	B	0.06%
MFG	D	0.06%
BAX	A	0.06%
CDNS	D	0.06%
MU	F	0.06%
EQR	B	0.06%
HDB	C	0.06%
HPE	D	0.06%
EXC	A	0.06%
STX	D	0.06%
SYF	C	0.05%
TTD	B	0.05%
GOOD	A	0.05%
VLTO	B	0.05%
BEN	F	0.05%
BX	B	0.05%
FOXA	B	0.05%
NMR	D	0.05%
HAL	F	0.05%
DOC	B	0.05%
DLTR	F	0.05%
KLAC	D	0.05%
CAG	A	0.05%
ITUB	B	0.05%
LYG	C	0.05%
LW	D	0.04%
AXON	B	0.04%
LNTH	C	0.04%
ALLE	B	0.04%
ABNB	F	0.04%
OTIS	D	0.04%
GEV	A	0.04%
TMDX	C	0.04%
FCX	D	0.04%
KB	C	0.04%
SNPS	D	0.04%
MRVL	D	0.04%
VRT	F	0.04%
EQIX	B	0.04%
NEM	B	0.04%
MOD	C	0.04%
SQ	D	0.03%
WDAY	C	0.03%
IFF	A	0.03%
AA	F	0.03%
DASH	B	0.03%
HOV	B	0.03%
SHG	B	0.03%
AXNX	A	0.03%
KMI	B	0.03%
NET	F	0.03%
MRNA	F	0.03%
YUMC	C	0.03%
BIDU	F	0.03%
HCA	B	0.03%
NU	B	0.03%
SNOW	F	0.03%
MPWR	C	0.03%
LNW	B	0.03%
BRSP	D	0.03%
LVS	D	0.03%
SE	B	0.03%
SHW	B	0.03%
PBR	C	0.03%
HMC	D	0.03%
LDOS	B	0.03%
TPR	B	0.03%
COIN	F	0.03%
DX	A	0.03%
KVUE	A	0.03%
BBD	B	0.03%
WBA	F	0.02%
GGB	C	0.02%
NUE	F	0.02%
TDG	B	0.02%
ICE	A	0.02%
HUBS	F	0.02%
PINS	F	0.02%
TEVA	B	0.02%
AZEK	D	0.02%
ACEL	B	0.02%
DVN	F	0.02%
VEEV	A	0.02%
RBLX	B	0.02%
DXCM	F	0.02%
DYN	D	0.02%
LULU	F	0.02%
PARA	F	0.02%
ZM	B	0.02%
MCO	B	0.02%
URI	C	0.02%
SKY	B	0.02%
AIV	B	0.02%
WBD	D	0.02%
ALLY	C	0.02%
FSLR	C	0.02%
DKNG	D	0.02%
MSTR	F	0.02%
APP	B	0.02%
LI	F	0.02%
HIMS	F	0.02%
ADMA	B	0.02%
ABEV	C	0.02%
FICO	A	0.02%
TEAM	F	0.02%
DELL	F	0.02%
CVNA	C	0.02%
CF	B	0.02%
QTWO	B	0.02%
ZS	F	0.02%
BABA	B	0.02%
CFG	B	0.02%
MT	D	0.02%
CHX	D	0.02%
MOS	F	0.02%
MDB	C	0.02%
GOLD	C	0.02%
BKR	D	0.02%
WTTR	C	0.02%
ITCI	C	0.02%
GEHC	B	0.02%
TAC	A	0.02%
DDOG	D	0.02%
SMCI	F	0.02%
FTNT	B	0.02%
FTI	D	0.02%
RCL	C	0.02%
REG	A	0.01%
ALKT	C	0.01%
FATE	F	0.01%
SRRK	D	0.01%
CCO	D	0.01%
JKS	F	0.01%
NRIX	B	0.01%
AUPH	B	0.01%
QS	F	0.01%
W	F	0.01%
AMSC	D	0.01%
MITK	F	0.01%
EDIT	F	0.01%
ELAN	B	0.01%
VMEO	B	0.01%
PNR	B	0.01%
M	F	0.01%
IDXX	D	0.01%
NPAB	D	0.01%
OPEN	D	0.01%
VKTX	C	0.01%
DQ	D	0.01%
BASE	D	0.01%
SMAR	A	0.01%
DOCS	B	0.01%
JBI	F	0.01%
LASR	F	0.01%
PIXY	F	0.01%
GNRC	C	0.01%
CCB	B	0.01%
KYMR	B	0.01%
DLR	D	0.01%
LAZR	F	0.01%
U	D	0.01%
NR	D	0.01%
LIND	B	0.01%
PACK	D	0.01%
FUTU	F	0.01%
KD	D	0.01%
LCID	B	0.01%
CMPR	B	0.01%
VERV	F	0.01%
FRO	D	0.01%
RLX	D	0.01%
ASPN	C	0.01%
NOV	F	0.01%
MCB	B	0.01%
UPST	B	0.01%
PCH	C	0.01%
CLSK	F	0.01%
AUR	B	0.01%
EVH	B	0.01%
PHI	B	0.01%
IMVT	B	0.01%
BCRX	B	0.01%
RKLB	B	0.01%
CHPT	F	0.01%
XPO	D	0.01%
PTCT	C	0.01%
BGNE	B	0.01%
BLBD	D	0.01%
ULH	C	0.01%
ZTO	A	0.01%
ALGN	F	0.01%
OSW	D	0.01%
YETI	D	0.01%
AAON	C	0.01%
CZR	D	0.01%
CYH	A	0.01%
PAY	C	0.01%
MGNI	D	0.01%
CLNE	D	0.01%
Z	B	0.01%
PTON	B	0.01%
NXPI	D	0.01%
BBWI	F	0.01%
PEN	C	0.01%
INMD	F	0.01%
PNTG	B	0.01%
LBRDK	C	0.01%
RVLV	B	0.01%
LWLG	F	0.01%
LOB	B	0.01%
SEMR	D	0.01%
AGNC	A	0.01%
DOCU	A	0.01%
BZH	B	0.01%
MDGL	D	0.01%
RDFN	B	0.01%
PRTA	F	0.01%
FOUR	B	0.01%
ALNY	C	0.01%
TREX	F	0.01%
RNA	D	0.01%
ALB	F	0.01%
TWLO	D	0.01%
ADSK	B	0.01%
AES	D	0.01%
XPEV	C	0.01%
ROKU	C	0.01%
TTI	F	0.01%
SOFI	D	0.01%
CELH	F	0.01%
INTA	B	0.01%
MNDY	C	0.01%
EXPE	C	0.01%
IDYA	D	0.01%
GSAT	C	0.01%
SID	F	0.01%
SRPT	D	0.01%
SQ	D	0.01%
EXAS	B	0.01%
TDOC	F	0.01%
PHR	B	0.01%
TME	F	0.01%
TWST	F	0.01%
BEKE	C	0.01%
MRC	D	0.01%
CLDT	D	0.01%
SCCO	D	0.01%
THR	D	0.01%
CROX	C	0.01%
OKTA	F	0.01%
DH	F	0.01%
NIO	D	0.01%
BHF	D	0.01%
SNAP	F	0.01%
ENS	D	0.01%
CLBT	B	0.01%
TOST	D	0.01%
AKRO	C	0.01%
GME	C	0.01%
MBIN	C	0.01%
AKO.A	C	0.01%
EPAM	C	0.01%
CLDX	A	0.01%
FIS	A	0.01%
ERJ	A	0.01%
ZETA	B	0.01%
FLNG	D	0.01%
PBF	F	0.01%
COMP	B	0.01%
VNT	F	0.01%
TAL	F	0.01%
GERN	D	0.01%
KEX	D	0.01%
CNH	C	0.01%
ARWR	F	0.01%
VIPS	F	0.01%
APA	F	0.01%
VERX	C	0.01%
ORA	C	0.01%
TREE	B	0.01%
NWSA	C	0.01%
RYTM	A	0.01%
TGTX	B	0.01%
APH	D	0.01%
ILMN	B	0.01%
IMXI	D	0.01%
VTRS	C	0.01%
SOLV	B	0.01%
RIVN	F	0.01%
INSP	A	0.01%
CCL	D	0.01%
AFRM	B	0.01%
BLDR	C	0.01%
GMRE	D	0.01%
MTDR	F	0.01%
KOS	F	0.01%
ENPH	D	0.01%
BBIO	B	0.01%
ON	D	0.01%
XPEV	C	0.0%
LI	F	0.0%
SMWB	B	0.0%
MP	C	0.0%
SCLX	F	0.0%
JOBY	F	0.0%
OEC	F	0.0%
JAMF	D	0.0%
AGL	F	0.0%
BMBL	D	0.0%
FLWS	F	0.0%
TH	C	0.0%
CRCT	D	0.0%
MLCO	D	0.0%
WOLF	F	0.0%
KRNT	B	0.0%
SPRY	B	0.0%
BOC	C	0.0%
CGEM	B	0.0%
DENN	F	0.0%
TPB	A	0.0%
KE	F	0.0%
OVV	F	0.0%
PKST	C	0.0%
LSCC	F	0.0%
FNA	D	0.0%
MLNK	B	0.0%
HDSN	F	0.0%
DO	D	0.0%
MNSO	F	0.0%
TMCI	F	0.0%
OLO	D	0.0%
ORLA	C	0.0%
KRUS	D	0.0%
REPL	B	0.0%
FSBC	B	0.0%
FIGS	D	0.0%
SAGE	F	0.0%
OLPX	B	0.0%
BVN	F	0.0%
IRTC	F	0.0%
PFC	B	0.0%
APTV	D	0.0%
CHRD	F	0.0%
MRVI	A	0.0%
DJT	F	0.0%
CAR	F	0.0%
HAE	F	0.0%
GDS	A	0.0%
ZUO	D	0.0%
ELVN	D	0.0%
HOG	B	0.0%
RENB	F	0.0%
CNDT	B	0.0%
XPOF	F	0.0%
LPRO	F	0.0%
BROS	D	0.0%
QFIN	B	0.0%
MAX	B	0.0%
GRPN	F	0.0%
APPN	F	0.0%
ULCC	D	0.0%
NCNO	D	0.0%
MDXG	F	0.0%
LYEL	F	0.0%
MAT	C	0.0%
HUMA	D	0.0%
CECO	D	0.0%
RIG	F	0.0%
HE	F	0.0%
SWBI	D	0.0%
SAVA	B	0.0%
OLMA	D	0.0%
MBAVU	B	0.0%
ETNB	D	0.0%
SGRY	B	0.0%
ATEC	F	0.0%
LAND	D	0.0%
ITOS	C	0.0%
COTY	F	0.0%
NEXT	D	0.0%
THO	C	0.0%
HURN	C	0.0%
TLRY	F	0.0%
QTRX	F	0.0%
VNET	B	0.0%
SHC	A	0.0%
LMND	D	0.0%
ESTA	D	0.0%
PRO	F	0.0%
PUBM	F	0.0%
IDT	B	0.0%
AMRC	B	0.0%
ENIC	F	0.0%
SHLS	F	0.0%
APLS	C	0.0%
LILAK	D	0.0%
RXST	B	0.0%
CLF	F	0.0%
ALHC	A	0.0%
HRI	D	0.0%
KRNY	D	0.0%
S	D	0.0%
TASK	F	0.0%
MNTK	F	0.0%
GH	F	0.0%
FVRR	C	0.0%
ATRO	C	0.0%
SOUN	D	0.0%
MQ	F	0.0%
SMR	D	0.0%
GLBE	D	0.0%
SKE	B	0.0%
NNDM	F	0.0%
EB	F	0.0%
RRC	F	0.0%
ATHM	A	0.0%
HL	C	0.0%
XPRO	F	0.0%
VCYT	B	0.0%
YOU	B	0.0%
TITN	F	0.0%
HTHT	D	0.0%
CFLT	F	0.0%
FSLY	F	0.0%
AR	F	0.0%
YMAB	B	0.0%
APLD	D	0.0%
ORIC	C	0.0%
WOOF	D	0.0%
FIVN	F	0.0%
SIBN	C	0.0%
AMRK	A	0.0%
METC	F	0.0%
ARDX	D	0.0%
YEXT	A	0.0%
EYPT	F	0.0%
LMB	B	0.0%
YY	A	0.0%
GRAB	D	0.0%
IAS	C	0.0%
UEC	F	0.0%
IOVA	C	0.0%
BRBR	A	0.0%
DHI	B	0.0%
CDMO	C	0.0%
NEOG	D	0.0%
BHB	B	0.0%
FRSH	F	0.0%
ATUS	C	0.0%
ZI	F	0.0%
ARQT	B	0.0%
VZIO	A	0.0%
BIGC	F	0.0%
ARRY	F	0.0%
OSPN	B	0.0%
NVCR	D	0.0%
CYTK	F	0.0%
GNK	D	0.0%
IIIV	D	0.0%
MTW	F	0.0%
NTRA	B	0.0%
BXC	F	0.0%
ALT	F	0.0%
LEU	F	0.0%
DUOL	B	0.0%
CYRX	D	0.0%
PODD	A	0.0%
FROG	F	0.0%
SQSP	A	0.0%
INDI	F	0.0%
RVMD	D	0.0%
WULF	D	0.0%
LXRX	F	0.0%
GXO	D	0.0%
BEAM	F	0.0%
FDMT	F	0.0%
WRBY	D	0.0%
ADNT	F	0.0%
SIGA	D	0.0%
JANX	C	0.0%
FC	D	0.0%
MOMO	D	0.0%
AMC	D	0.0%
IAG	B	0.0%
DHC	C	0.0%
APPF	D	0.0%
KC	F	0.0%
PCVX	A	0.0%
VRDN	F	0.0%
CDNA	B	0.0%
EWCZ	F	0.0%
STOK	A	0.0%
ESTC	F	0.0%
LYFT	F	0.0%
LSPD	F	0.0%
TUYA	F	0.0%
CCBG	B	0.0%
DFH	C	0.0%
UPWK	F	0.0%
CNC	D	0.0%
NCLH	D	0.0%
PCT	F	0.0%
IQ	F	0.0%
AXSM	A	0.0%
AMPS	D	0.0%
KIM	A	0.0%
RXRX	F	0.0%
BURL	B	0.0%
ERAS	A	0.0%
RKT	B	0.0%
TIGR	F	0.0%
PLPC	F	0.0%
ENFN	D	0.0%
RVNC	B	0.0%
HST	D	0.0%
SNDX	D	0.0%
NTLA	F	0.0%
XMTR	D	0.0%
TELL	B	0.0%
ATKR	F	0.0%
TTWO	B	0.0%
CLOV	B	0.0%
NUVL	A	0.0%
ACHR	F	0.0%
ARCT	F	0.0%
SAM	D	0.0%
CIFR	F	0.0%
TRNS	D	0.0%
MEG	F	0.0%
BILI	C	0.0%
INSW	D	0.0%
PCG	A	0.0%
OSCR	B	0.0%
FUBO	D	0.0%
PAR	B	0.0%
ACVA	B	0.0%
DCO	C	0.0%
KHC	A	0.0%
CSTL	A	0.0%
IBUY	D	0.0%
PFSI	A	0.0%
CASS	D	0.0%
MTCH	B	0.0%
ETSY	F	0.0%
RNG	D	0.0%
EQT	D	0.0%
PL	D	0.0%
ALEC	F	0.0%
UWMC	B	0.0%
VRNS	C	0.0%
SPT	F	0.0%
SITE	C	0.0%
CRMT	F	0.0%
HUYA	D	0.0%
GDRX	C	0.0%
MNMD	F	0.0%
PLUG	F	0.0%
BLND	B	0.0%
ARVN	F	0.0%
BRZE	F	0.0%
REPX	D	0.0%
TXG	D	0.0%
RLJ	F	0.0%
BYND	F	0.0%
ANF	D	0.0%
HEES	F	0.0%
ZLAB	C	0.0%
VITL	D	0.0%
ELF	F	0.0%
CIG	A	0.0%
CSGP	C	0.0%
HCP	B	0.0%
CTLP	D	0.0%
VPG	F	0.0%
BZ	F	0.0%
CC	F	0.0%
NVT	F	0.0%
RCKT	F	0.0%
SPR	D	0.0%
NUVB	D	0.0%
PGC	B	0.0%
PRCT	B	0.0%
KEP	B	0.0%
NSSC	F	0.0%
RPAY	F	0.0%
WEAV	C	0.0%
ALLO	F	0.0%
RGEN	C	0.0%
GATO	C	0.0%
AMG	C	0.0%
FLNC	C	0.0%
WIX	C	0.0%
RIOT	F	0.0%
NVAX	D	0.0%
DMRC	F	0.0%
PATH	D	0.0%
CDE	D	0.0%
LC	B	0.0%
SANA	D	0.0%
CHGX	C	0.0%
AAOI	C	0.0%
EVRI	A	0.0%
PACB	F	0.0%
USLM	C	0.0%
PETQ	A	0.0%
PHAT	A	0.0%
ENVX	F	0.0%
ASAN	F	0.0%
CIB	D	0.0%
FLYW	D	0.0%
RLAY	F	0.0%
EA	C	0.0%
AI	F	0.0%
COHR	C	0.0%
SQM	F	0.0%
GDYN	B	0.0%
GPN	C	0.0%
BE	F	0.0%
GTLB	C	0.0%
ACMR	F	0.0%
ODFL	D	0.0%
NOVA	B	0.0%
LEGH	C	0.0%
BILL	C	0.0%
JELD	F	0.0%
DT	A	0.0%

SPGM Underweight 427 Positions Relative to SAA

Symbol	Grade	Weight
FN	C	-0.48%
ENSG	B	-0.46%
ATI	C	-0.44%
MLI	B	-0.43%
CMA	B	-0.41%
SPSC	D	-0.4%
MTH	B	-0.39%
CRS	B	-0.38%
RHI	D	-0.35%
BMI	C	-0.33%
VFC	B	-0.33%
JXN	C	-0.32%
NSIT	C	-0.32%
COOP	B	-0.32%
FSS	D	-0.31%
LNC	C	-0.3%
AWI	C	-0.3%
MOG.A	C	-0.3%
MMSI	A	-0.3%
BCPC	C	-0.3%
BCC	C	-0.29%
RDN	B	-0.29%
AVAV	B	-0.29%
ACIW	B	-0.28%
DY	D	-0.27%
SEE	D	-0.27%
MC	B	-0.26%
ALKS	B	-0.26%
ABG	D	-0.26%
GPI	B	-0.26%
PECO	A	-0.25%
ALK	D	-0.25%
FUL	C	-0.25%
BOX	A	-0.25%
MGY	D	-0.25%
VRRM	D	-0.25%
AL	D	-0.25%
ACA	D	-0.24%
PIPR	B	-0.23%
TPH	B	-0.23%
CTRE	A	-0.23%
ITGR	A	-0.23%
TDW	F	-0.23%
SLG	B	-0.23%
AEIS	D	-0.22%
AEO	D	-0.22%
ASO	C	-0.22%
FELE	D	-0.22%
AGO	D	-0.22%
FORM	F	-0.21%
SANM	D	-0.21%
SEM	D	-0.21%
WHD	C	-0.21%
SHAK	C	-0.21%
ABCB	B	-0.21%
SFBS	B	-0.21%
UCBI	B	-0.2%
KTB	B	-0.2%
NOG	D	-0.2%
PBH	A	-0.2%
GTES	C	-0.2%
SIG	F	-0.2%
FTDR	B	-0.2%
KFY	C	-0.2%
BGC	B	-0.2%
IDCC	B	-0.19%
WDFC	A	-0.19%
FULT	C	-0.19%
PLXS	B	-0.19%
MSGS	B	-0.19%
AUB	B	-0.19%
ABM	C	-0.19%
FBP	B	-0.19%
OTTR	D	-0.19%
WD	B	-0.19%
IAC	C	-0.19%
SXT	C	-0.18%
RUSHA	C	-0.18%
CBU	B	-0.18%
WSFS	C	-0.18%
LRN	B	-0.18%
GVA	B	-0.18%
BRC	B	-0.18%
NPO	D	-0.18%
SKT	A	-0.18%
ICUI	B	-0.18%
CRC	D	-0.18%
RXO	D	-0.18%
HIW	B	-0.18%
MAC	B	-0.18%
ESE	C	-0.17%
SHOO	C	-0.17%
LBRT	D	-0.17%
FHB	C	-0.17%
DIOD	F	-0.17%
DORM	B	-0.17%
CVCO	B	-0.17%
EAT	B	-0.17%
MGEE	B	-0.17%
BXMT	C	-0.17%
ENV	B	-0.17%
CORT	B	-0.17%
HCC	F	-0.17%
CWT	B	-0.17%
CATY	B	-0.17%
APLE	F	-0.17%
HP	F	-0.17%
BKU	B	-0.16%
AIN	D	-0.16%
SMPL	D	-0.16%
APAM	D	-0.16%
CALM	B	-0.16%
ALRM	F	-0.16%
AROC	D	-0.16%
CNK	A	-0.16%
SKYW	D	-0.16%
AVA	B	-0.16%
CCOI	A	-0.16%
GNW	B	-0.16%
AWR	B	-0.16%
LCII	B	-0.16%
LXP	B	-0.16%
VIRT	A	-0.15%
INDB	B	-0.15%
TRN	C	-0.15%
DV	F	-0.15%
SLVM	B	-0.15%
NWL	A	-0.15%
PJT	C	-0.15%
PATK	B	-0.15%
SMTC	B	-0.15%
STEP	B	-0.15%
AAP	F	-0.15%
HUBG	B	-0.15%
IOSP	D	-0.15%
JBT	F	-0.15%
UNF	C	-0.15%
ATGE	C	-0.15%
CRVL	B	-0.15%
PRK	B	-0.14%
PRGS	B	-0.14%
HNI	B	-0.14%
PLUS	B	-0.14%
BL	D	-0.14%
MYGN	B	-0.14%
FFBC	B	-0.14%
VCEL	C	-0.14%
CWK	B	-0.14%
FCPT	A	-0.14%
JJSF	C	-0.14%
CPK	A	-0.14%
PRFT	A	-0.14%
MPW	C	-0.14%
SFNC	B	-0.14%
DEI	B	-0.14%
BOH	B	-0.14%
SATS	A	-0.13%
AKR	B	-0.13%
YELP	F	-0.13%
HWKN	B	-0.13%
UFPT	B	-0.13%
KLIC	F	-0.13%
TDS	B	-0.13%
ARCH	F	-0.13%
WERN	D	-0.13%
MTRN	D	-0.13%
CWEN	B	-0.13%
AZZ	C	-0.13%
GFF	D	-0.13%
MTX	D	-0.13%
FL	D	-0.13%
OUT	B	-0.13%
CVBF	D	-0.13%
WAFD	B	-0.13%
PFS	B	-0.13%
ARCB	F	-0.13%
UE	B	-0.13%
PPBI	C	-0.13%
STRA	D	-0.12%
AIR	D	-0.12%
RNST	C	-0.12%
OFG	B	-0.12%
GSHD	A	-0.12%
EVTC	D	-0.12%
ENR	B	-0.12%
PHIN	B	-0.12%
CNMD	C	-0.12%
EPAC	C	-0.12%
HBI	B	-0.12%
SNEX	C	-0.12%
CARG	B	-0.12%
IPAR	D	-0.12%
PSMT	B	-0.12%
HI	F	-0.12%
CNS	B	-0.12%
KWR	D	-0.12%
SBCF	B	-0.12%
OSIS	C	-0.12%
NBTB	B	-0.12%
MRCY	B	-0.11%
NATL	D	-0.11%
EPC	C	-0.11%
TTMI	D	-0.11%
BANC	B	-0.11%
VECO	F	-0.11%
OI	C	-0.11%
AMN	F	-0.11%
KMT	D	-0.11%
FTRE	F	-0.11%
B	D	-0.11%
STC	B	-0.11%
TRMK	B	-0.11%
BANR	B	-0.11%
IBTX	B	-0.11%
SXI	C	-0.11%
OMCL	A	-0.11%
URBN	D	-0.11%
PINC	A	-0.11%
SHO	D	-0.11%
JOE	C	-0.11%
MLKN	D	-0.11%
LMAT	B	-0.1%
PDCO	F	-0.1%
VSTS	C	-0.1%
ROG	F	-0.1%
LGND	B	-0.1%
GEO	D	-0.1%
TNC	D	-0.1%
NHC	B	-0.1%
CENTA	D	-0.1%
TALO	F	-0.1%
AMPH	C	-0.1%
KAR	D	-0.1%
CAKE	C	-0.1%
ALG	D	-0.1%
VIAV	C	-0.1%
SUPN	B	-0.1%
GO	F	-0.1%
THS	A	-0.1%
PZZA	C	-0.09%
LTC	A	-0.09%
ANDE	D	-0.09%
CABO	F	-0.09%
KN	D	-0.09%
STBA	B	-0.09%
HLX	D	-0.09%
DFIN	B	-0.09%
NBHC	B	-0.09%
SCL	D	-0.09%
JBLU	D	-0.09%
FOXF	F	-0.09%
HLIT	B	-0.09%
GNL	A	-0.09%
MYRG	F	-0.09%
LEG	D	-0.09%
MCY	B	-0.09%
LKFN	B	-0.09%
FBNC	B	-0.09%
SJW	A	-0.09%
LZB	C	-0.09%
CHCO	B	-0.09%
NWBI	B	-0.09%
FCF	B	-0.09%
VRTS	D	-0.08%
CAL	B	-0.08%
IART	F	-0.08%
AMWD	D	-0.08%
HMN	B	-0.08%
APOG	C	-0.08%
JBGS	B	-0.08%
CTS	D	-0.08%
PRDO	D	-0.08%
GBX	D	-0.08%
MODG	F	-0.08%
NTCT	C	-0.08%
BLMN	F	-0.08%
BHE	C	-0.08%
HTH	C	-0.08%
NWN	B	-0.08%
HOPE	B	-0.08%
CXW	D	-0.08%
PEB	D	-0.08%
BANF	B	-0.08%
GTY	B	-0.08%
TRIP	F	-0.08%
COHU	F	-0.07%
EIG	B	-0.07%
PMT	C	-0.07%
NVEE	F	-0.07%
BKE	B	-0.07%
OXM	F	-0.07%
XRX	D	-0.07%
USPH	D	-0.07%
RC	F	-0.07%
LPG	F	-0.07%
SCSC	C	-0.07%
SAFT	B	-0.07%
KW	B	-0.07%
NGVT	F	-0.07%
AAT	B	-0.07%
NAVI	C	-0.07%
SBH	B	-0.07%
CSGS	C	-0.07%
VBTX	B	-0.07%
ARI	C	-0.07%
LNN	D	-0.07%
SPNT	B	-0.07%
WABC	C	-0.07%
WOR	F	-0.07%
FWRD	D	-0.06%
GIII	A	-0.06%
SGH	F	-0.06%
XNCR	F	-0.06%
INVA	B	-0.06%
WS	D	-0.06%
TILE	B	-0.06%
WWW	A	-0.06%
PBI	C	-0.06%
CSR	B	-0.06%
MSEX	B	-0.06%
HRMY	B	-0.06%
BHLB	B	-0.06%
KALU	F	-0.06%
ECPG	C	-0.06%
VSAT	D	-0.06%
JBSS	D	-0.05%
WNC	F	-0.05%
UNFI	A	-0.05%
AHCO	A	-0.05%
DCOM	B	-0.05%
CLB	F	-0.05%
BDN	B	-0.05%
DLX	D	-0.05%
CBRL	F	-0.05%
BRKL	B	-0.05%
GPRE	F	-0.05%
PRAA	D	-0.05%
MD	B	-0.05%
SAH	C	-0.05%
VTOL	C	-0.05%
XPEL	C	-0.05%
MMI	B	-0.05%
JACK	F	-0.05%
AMSF	B	-0.05%
CWEN	B	-0.05%
ODP	F	-0.05%
ANIP	D	-0.05%
FDP	B	-0.05%
UTL	B	-0.05%
SBSI	B	-0.05%
RWT	B	-0.05%
CRK	D	-0.05%
SNDR	B	-0.05%
MATV	B	-0.05%
PFBC	C	-0.05%
MRTN	D	-0.05%
HZO	D	-0.04%
TRST	B	-0.04%
SWI	B	-0.04%
IRWD	F	-0.04%
KELYA	D	-0.04%
BGS	C	-0.04%
HPP	D	-0.04%
REX	F	-0.04%
DXPE	B	-0.04%
GDEN	C	-0.04%
PRA	C	-0.04%
BSIG	C	-0.04%
HCI	A	-0.04%
MLAB	B	-0.04%
CVI	F	-0.04%
PCRX	F	-0.04%
ETH	F	-0.04%
SCVL	B	-0.04%
RGR	F	-0.04%
CFFN	C	-0.04%
SPTN	A	-0.04%
HAIN	B	-0.04%
SXC	F	-0.04%
CPF	B	-0.04%
AXL	F	-0.04%
PRLB	F	-0.04%
TMP	B	-0.04%
ASTE	D	-0.04%
MATW	F	-0.04%
HCSG	D	-0.04%
HFWA	B	-0.04%
MNRO	D	-0.04%
ASIX	B	-0.04%
SCHL	D	-0.04%
CNXN	B	-0.04%
SSTK	F	-0.04%
LQDT	C	-0.03%
CCRN	F	-0.03%
VREX	F	-0.03%
AMBC	F	-0.03%
BFS	B	-0.03%
TR	A	-0.03%
RES	F	-0.03%
CLW	F	-0.03%
GES	F	-0.03%
MYE	D	-0.03%
HTLD	D	-0.03%
UHT	A	-0.03%
THRY	D	-0.03%
HAFC	B	-0.03%
SMP	C	-0.03%
ALGT	F	-0.03%
MCW	F	-0.03%
EZPW	B	-0.03%
MTUS	F	-0.03%
CHUY	A	-0.03%
CMP	F	-0.02%
AMCX	F	-0.02%
CNSL	A	-0.02%
HVT	D	-0.02%
CENT	D	-0.02%
MOV	F	-0.02%
NPK	D	-0.02%
CVGW	C	-0.02%
PAHC	B	-0.02%
TWI	D	-0.02%
HTZ	F	-0.02%
UFCS	D	-0.02%
USNA	F	-0.02%
NUS	F	-0.02%
RILY	F	-0.0%