SPGM vs. SPXL ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Direxion Daily S&P 500 Bull 3X Shares (SPXL)

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

SPXL

Direxion Daily S&P 500 Bull 3X Shares

SPXL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500® Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500® Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a capitalization-weighted index composed of 500 domestic common stocks. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$174.48

Average Daily Volume

3,107,405

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	SPXL
30 Days	-1.13%	1.58%
60 Days	1.11%	9.49%
90 Days	2.77%	13.06%
12 Months	24.21%	92.75%

297 Overlapping Holdings

	Symbol	Grade	Weight in SPGM	Weight in SPXL	Overlap
	A	F	0.2%	0.05%	0.05%
	AAPL	C	3.74%	4.17%	3.74%
	ABBV	F	0.19%	0.44%	0.19%
	ABBV	F	0.36%	0.44%	0.36%
	ABNB	D	0.04%	0.08%	0.04%
	ABT	A	0.34%	0.25%	0.25%
	ACN	C	0.28%	0.28%	0.28%
	ADBE	D	0.34%	0.28%	0.28%
	ADI	D	0.16%	0.14%	0.14%
	ADM	D	0.08%	0.03%	0.03%
	ADP	B	0.23%	0.15%	0.15%
	ADSK	B	0.01%	0.08%	0.01%
	AEP	C	0.16%	0.06%	0.06%
	AES	F	0.01%	0.01%	0.01%
	AFL	C	0.26%	0.07%	0.07%
	ALB	B	0.01%	0.01%	0.01%
	ALGN	D	0.01%	0.02%	0.01%
	ALL	A	0.16%	0.06%	0.06%
	ALLE	D	0.04%	0.02%	0.02%
	AMAT	F	0.24%	0.19%	0.19%
	AMD	F	0.23%	0.29%	0.23%
	AMGN	D	0.21%	0.21%	0.21%
	AMT	D	0.16%	0.11%	0.11%
	AMZN	B	2.13%	2.38%	2.13%
	ANET	C	0.07%	0.13%	0.07%
	AON	B	0.08%	0.1%	0.08%
	APA	F	0.01%	0.01%	0.01%
	APD	A	0.08%	0.08%	0.08%
	APH	B	0.01%	0.11%	0.01%
	APTV	F	0.0%	0.02%	0.0%
	AVGO	C	0.87%	1.03%	0.87%
	AXON	A	0.06%	0.04%	0.04%
	AXP	B	0.36%	0.2%	0.2%
	BA	D	0.1%	0.13%	0.1%
	BAC	A	0.53%	0.38%	0.38%
	BAX	F	0.05%	0.02%	0.02%
	BDX	F	0.16%	0.09%	0.09%
	BEN	C	0.05%	0.01%	0.01%
	BIIB	F	0.07%	0.03%	0.03%
	BK	B	0.19%	0.07%	0.07%
	BKNG	A	0.31%	0.21%	0.21%
	BKR	B	0.03%	0.05%	0.03%
	BLDR	D	0.01%	0.03%	0.01%
	BMY	A	0.14%	0.14%	0.14%
	BRK.A	B	0.73%	1.06%	0.73%
	BSX	A	0.14%	0.16%	0.14%
	BX	A	0.06%	0.16%	0.06%
	C	B	0.26%	0.16%	0.16%
	CAG	F	0.04%	0.02%	0.02%
	CARR	D	0.06%	0.08%	0.06%
	CAT	C	0.3%	0.25%	0.25%
	CB	C	0.27%	0.13%	0.13%
	CCL	A	0.02%	0.03%	0.02%
	CDNS	B	0.07%	0.1%	0.07%
	CEG	C	0.12%	0.09%	0.09%
	CF	A	0.02%	0.02%	0.02%
	CFG	B	0.02%	0.03%	0.02%
	CHD	A	0.07%	0.03%	0.03%
	CHRW	B	0.09%	0.02%	0.02%
	CHTR	B	0.1%	0.05%	0.05%
	CI	D	0.08%	0.11%	0.08%
	CL	D	0.13%	0.09%	0.09%
	CLX	A	0.12%	0.02%	0.02%
	CMCSA	B	0.18%	0.21%	0.18%
	CME	A	0.09%	0.1%	0.09%
	CMG	C	0.11%	0.1%	0.1%
	CMI	A	0.26%	0.06%	0.06%
	CNC	F	0.0%	0.04%	0.0%
	COF	B	0.15%	0.09%	0.09%
	COP	B	0.18%	0.16%	0.16%
	COST	A	0.56%	0.49%	0.49%
	CRM	B	0.49%	0.37%	0.37%
	CRWD	B	0.09%	0.09%	0.09%
	CSCO	B	0.36%	0.29%	0.29%
	CSGP	F	0.0%	0.04%	0.0%
	CSX	C	0.19%	0.09%	0.09%
	CTSH	C	0.13%	0.05%	0.05%
	CTVA	C	0.07%	0.05%	0.05%
	CVS	F	0.13%	0.1%	0.1%
	CVX	A	0.35%	0.33%	0.33%
	CZR	F	0.01%	0.01%	0.01%
	DD	D	0.08%	0.04%	0.04%
	DE	C	0.18%	0.13%	0.13%
	DELL	B	0.02%	0.05%	0.02%
	DFS	B	0.2%	0.06%	0.06%
	DHI	D	0.0%	0.06%	0.0%
	DHR	D	0.28%	0.2%	0.2%
	DIS	B	0.3%	0.22%	0.22%
	DLR	A	0.01%	0.07%	0.01%
	DLTR	F	0.04%	0.02%	0.02%
	DOC	D	0.05%	0.02%	0.02%
	DOW	F	0.06%	0.04%	0.04%
	DUK	C	0.1%	0.11%	0.1%
	DVN	F	0.01%	0.03%	0.01%
	DXCM	C	0.02%	0.03%	0.02%
	EA	A	0.0%	0.05%	0.0%
	EBAY	D	0.1%	0.04%	0.04%
	ECL	D	0.14%	0.08%	0.08%
	EIX	C	0.12%	0.04%	0.04%
	EL	F	0.04%	0.02%	0.02%
	ELV	F	0.17%	0.12%	0.12%
	EMR	A	0.21%	0.09%	0.09%
	ENPH	F	0.01%	0.01%	0.01%
	EOG	A	0.16%	0.09%	0.09%
	EPAM	C	0.01%	0.01%	0.01%
	EQIX	A	0.05%	0.1%	0.05%
	EQR	C	0.06%	0.03%	0.03%
	EQT	A	0.0%	0.03%	0.0%
	ETN	B	0.24%	0.18%	0.18%
	EXC	C	0.06%	0.05%	0.05%
	EXPE	B	0.01%	0.03%	0.01%
	F	C	0.07%	0.05%	0.05%
	FAST	B	0.13%	0.06%	0.06%
	FCX	F	0.04%	0.08%	0.04%
	FDX	B	0.18%	0.08%	0.08%
	FE	C	0.07%	0.03%	0.03%
	FI	A	0.05%	0.15%	0.05%
	FICO	B	0.03%	0.06%	0.03%
	FIS	C	0.01%	0.06%	0.01%
	FOXA	B	0.05%	0.01%	0.01%
	FSLR	F	0.02%	0.03%	0.02%
	FTNT	B	0.03%	0.06%	0.03%
	FTV	D	0.06%	0.03%	0.03%
	GD	D	0.22%	0.1%	0.1%
	GE	D	0.14%	0.24%	0.14%
	GEHC	D	0.02%	0.05%	0.02%
	GEV	A	0.07%	0.11%	0.07%
	GILD	C	0.19%	0.14%	0.14%
	GIS	F	0.05%	0.05%	0.05%
	GLW	B	0.15%	0.05%	0.05%
	GM	B	0.09%	0.08%	0.08%
	GNRC	B	0.01%	0.01%	0.01%
	GOOG	B	1.1%	1.06%	1.06%
	GOOGL	B	1.1%	1.27%	1.1%
	GPN	C	0.0%	0.04%	0.0%
	GS	B	0.38%	0.23%	0.23%
	HAL	C	0.05%	0.03%	0.03%
	HCA	F	0.02%	0.08%	0.02%
	HD	A	0.57%	0.47%	0.47%
	HES	B	0.12%	0.05%	0.05%
	HON	B	0.22%	0.17%	0.17%
	HPE	B	0.07%	0.03%	0.03%
	HPQ	B	0.11%	0.04%	0.04%
	HST	D	0.0%	0.02%	0.0%
	HSY	F	0.11%	0.03%	0.03%
	IBM	C	0.27%	0.24%	0.24%
	ICE	C	0.1%	0.11%	0.1%
	IDXX	F	0.0%	0.04%	0.0%
	IFF	D	0.02%	0.03%	0.02%
	INTC	C	0.14%	0.13%	0.13%
	INTU	B	0.38%	0.22%	0.22%
	IR	B	0.13%	0.05%	0.05%
	ISRG	A	0.18%	0.23%	0.18%
	ITW	B	0.14%	0.09%	0.09%
	JCI	B	0.18%	0.07%	0.07%
	JNJ	D	0.39%	0.47%	0.39%
	JNPR	D	0.06%	0.02%	0.02%
	JPM	A	0.95%	0.87%	0.87%
	K	B	0.07%	0.03%	0.03%
	KEYS	C	0.12%	0.03%	0.03%
	KHC	F	0.0%	0.04%	0.0%
	KIM	A	0.0%	0.02%	0.0%
	KKR	A	0.11%	0.13%	0.11%
	KLAC	F	0.04%	0.11%	0.04%
	KMB	C	0.11%	0.05%	0.05%
	KMI	A	0.03%	0.06%	0.03%
	KO	D	0.29%	0.3%	0.29%
	KVUE	A	0.04%	0.05%	0.04%
	LDOS	C	0.03%	0.03%	0.03%
	LIN	D	0.32%	0.27%	0.27%
	LLY	F	0.7%	0.75%	0.7%
	LMT	D	0.25%	0.14%	0.14%
	LOW	C	0.31%	0.18%	0.18%
	LRCX	F	0.06%	0.12%	0.06%
	LULU	C	0.02%	0.04%	0.02%
	LVS	B	0.04%	0.02%	0.02%
	LW	C	0.04%	0.01%	0.01%
	LYB	F	0.07%	0.03%	0.03%
	MA	B	0.43%	0.53%	0.43%
	MCD	D	0.23%	0.26%	0.23%
	MCK	A	0.25%	0.09%	0.09%
	MCO	D	0.02%	0.09%	0.02%
	MDLZ	F	0.05%	0.11%	0.05%
	MDT	D	0.23%	0.14%	0.14%
	MET	A	0.2%	0.06%	0.06%
	META	C	1.43%	1.54%	1.43%
	MKC	D	0.11%	0.02%	0.02%
	MMC	D	0.17%	0.14%	0.14%
	MMM	D	0.1%	0.09%	0.09%
	MO	A	0.09%	0.11%	0.09%
	MOS	D	0.02%	0.01%	0.01%
	MPC	D	0.17%	0.06%	0.06%
	MPWR	F	0.02%	0.05%	0.02%
	MRK	F	0.31%	0.31%	0.31%
	MRNA	F	0.01%	0.02%	0.01%
	MRO	A	0.07%	0.02%	0.02%
	MS	A	0.32%	0.2%	0.2%
	MSFT	D	3.35%	3.85%	3.35%
	MTB	A	0.13%	0.04%	0.04%
	MTCH	F	0.0%	0.01%	0.0%
	MU	D	0.07%	0.15%	0.07%
	NCLH	B	0.0%	0.02%	0.0%
	NEE	C	0.25%	0.19%	0.19%
	NEM	D	0.03%	0.06%	0.03%
	NFLX	A	0.37%	0.41%	0.37%
	NKE	F	0.18%	0.11%	0.11%
	NOC	D	0.16%	0.09%	0.09%
	NOW	B	0.16%	0.25%	0.16%
	NSC	B	0.17%	0.08%	0.08%
	NTAP	C	0.1%	0.03%	0.03%
	NUE	D	0.02%	0.05%	0.02%
	NVDA	A	4.01%	4.42%	4.01%
	NWSA	B	0.01%	0.01%	0.01%
	NXPI	F	0.01%	0.07%	0.01%
	ODFL	B	0.01%	0.05%	0.01%
	ON	F	0.01%	0.04%	0.01%
	ORCL	A	0.43%	0.36%	0.36%
	ORLY	B	0.22%	0.09%	0.09%
	OTIS	C	0.04%	0.05%	0.04%
	OXY	F	0.05%	0.04%	0.04%
	PANW	B	0.11%	0.15%	0.11%
	PARA	D	0.02%	0.01%	0.01%
	PCG	A	0.0%	0.05%	0.0%
	PEG	C	0.15%	0.05%	0.05%
	PEP	F	0.26%	0.28%	0.26%
	PFE	F	0.17%	0.19%	0.17%
	PG	C	0.49%	0.47%	0.47%
	PGR	B	0.17%	0.19%	0.17%
	PH	B	0.17%	0.11%	0.11%
	PLD	D	0.23%	0.13%	0.13%
	PLTR	A	0.13%	0.14%	0.13%
	PM	A	0.21%	0.24%	0.21%
	PNC	B	0.17%	0.1%	0.1%
	PNR	B	0.01%	0.02%	0.01%
	PODD	B	0.0%	0.02%	0.0%
	PPL	A	0.08%	0.03%	0.03%
	PRU	B	0.16%	0.06%	0.06%
	PSA	C	0.22%	0.06%	0.06%
	PSX	C	0.05%	0.07%	0.05%
	PYPL	B	0.15%	0.1%	0.1%
	QCOM	F	0.27%	0.24%	0.24%
	RCL	A	0.04%	0.07%	0.04%
	REG	A	0.0%	0.01%	0.0%
	REGN	F	0.09%	0.11%	0.09%
	ROST	D	0.17%	0.06%	0.06%
	RTX	D	0.33%	0.2%	0.2%
	SBUX	A	0.2%	0.13%	0.13%
	SCHW	A	0.18%	0.14%	0.14%
	SHW	C	0.03%	0.11%	0.03%
	SJM	D	0.07%	0.02%	0.02%
	SLB	C	0.07%	0.08%	0.07%
	SMCI	F	0.01%	0.01%	0.01%
	SNPS	C	0.04%	0.1%	0.04%
	SO	C	0.07%	0.12%	0.07%
	SOLV	F	0.01%	0.01%	0.01%
	SPG	A	0.15%	0.07%	0.07%
	SPGI	D	0.24%	0.19%	0.19%
	STT	B	0.08%	0.04%	0.04%
	STX	D	0.06%	0.03%	0.03%
	SYF	B	0.06%	0.03%	0.03%
	SYK	A	0.2%	0.16%	0.16%
	SYY	D	0.12%	0.05%	0.05%
	T	A	0.21%	0.2%	0.2%
	TDG	D	0.01%	0.1%	0.01%
	TGT	B	0.12%	0.08%	0.08%
	TJX	A	0.35%	0.16%	0.16%
	TMO	F	0.38%	0.26%	0.26%
	TMUS	B	0.07%	0.14%	0.07%
	TPR	B	0.04%	0.01%	0.01%
	TRV	A	0.21%	0.07%	0.07%
	TSLA	A	1.01%	0.99%	0.99%
	TSN	B	0.08%	0.02%	0.02%
	TT	A	0.19%	0.11%	0.11%
	TTWO	A	0.0%	0.03%	0.0%
	TXN	C	0.37%	0.24%	0.24%
	UBER	F	0.13%	0.19%	0.13%
	UNH	C	0.68%	0.68%	0.68%
	UNP	D	0.26%	0.19%	0.19%
	UPS	C	0.11%	0.12%	0.11%
	URI	B	0.02%	0.07%	0.02%
	USB	B	0.12%	0.1%	0.1%
	V	A	0.7%	0.63%	0.63%
	VLO	C	0.11%	0.05%	0.05%
	VLTO	C	0.04%	0.03%	0.03%
	VRTX	D	0.07%	0.16%	0.07%
	VTRS	A	0.01%	0.02%	0.01%
	VZ	C	0.14%	0.21%	0.14%
	WBA	F	0.01%	0.01%	0.01%
	WBD	B	0.02%	0.02%	0.02%
	WDC	F	0.06%	0.03%	0.03%
	WFC	A	0.44%	0.3%	0.3%
	WM	B	0.22%	0.1%	0.1%
	WMB	A	0.08%	0.08%	0.08%
	WMT	A	0.41%	0.45%	0.41%
	XOM	B	0.68%	0.66%	0.66%
	YUM	D	0.11%	0.05%	0.05%
	ZTS	D	0.09%	0.1%	0.09%

SPGM Overweight 706 Positions Relative to SPXL

	Symbol	Grade	Weight
	TSM	B	0.99%
	TM	D	0.26%
	SONY	B	0.22%
	NVS	D	0.22%
	BABA	D	0.2%
	HSBH	A	0.19%
	MUFG	A	0.17%
	IBN	D	0.17%
	INFY	D	0.16%
	UL	D	0.16%
	SHOP	B	0.14%
	CNI	F	0.13%
	RDY	D	0.12%
	ROIC	A	0.12%
	TD	D	0.11%
	MELI	D	0.1%
	UMH	A	0.09%
	BLK	B	0.09%
	AZN	F	0.08%
	PDD	D	0.08%
	SMFG	A	0.08%
	CHT	C	0.08%
	BCS	B	0.07%
	DEO	F	0.07%
	VRT	A	0.07%
	MFG	A	0.07%
	NXRT	A	0.07%
	TCOM	B	0.07%
	DEA	D	0.06%
	UMC	F	0.06%
	COIN	A	0.06%
	APP	A	0.06%
	WIT	B	0.06%
	VALE	F	0.06%
	HDB	B	0.06%
	STLA	F	0.05%
	ITUB	D	0.05%
	NMR	B	0.05%
	MOD	A	0.05%
	GOOD	A	0.05%
	MSTR	A	0.05%
	LYG	C	0.05%
	E	F	0.05%
	MRVL	B	0.05%
	TTD	B	0.05%
	AA	A	0.04%
	YUMC	B	0.04%
	KB	B	0.04%
	SE	A	0.04%
	PKX	F	0.04%
	HMC	F	0.03%
	LNTH	F	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%
	BIDU	F	0.03%
	TEAM	A	0.03%
	BBD	D	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%
	DX	A	0.03%
	SNOW	C	0.03%
	DASH	A	0.03%
	VERX	A	0.02%
	TGTX	B	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%
	AIV	C	0.02%
	AZEK	B	0.02%
	IIPR	F	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%
	CHCT	C	0.02%
	TTGT	B	0.02%
	ZM	B	0.02%
	TMDX	F	0.02%
	DKNG	B	0.02%
	MDB	C	0.02%
	ZS	B	0.02%
	HUBS	B	0.02%
	RKLB	B	0.02%
	CHX	C	0.02%
	HOV	D	0.02%
	LI	F	0.02%
	BABA	D	0.02%
	ADMA	C	0.02%
	SHG	D	0.02%
	MT	B	0.02%
	WDAY	C	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%
	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%
	SRPT	F	0.01%
	VICR	C	0.01%
	HASI	F	0.01%
	CLNE	F	0.01%
	ALEX	B	0.01%
	PHR	F	0.01%
	CIFR	C	0.01%
	RDFN	D	0.01%
	BGNE	D	0.01%
	YETI	D	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%
	DQ	D	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%
	VSTO	A	0.01%
	LUMN	C	0.01%
	THR	B	0.01%
	CPRX	C	0.01%
	TFIN	B	0.01%
	MDGL	C	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%
	RIVN	F	0.01%
	CLBT	B	0.01%
	NBR	D	0.01%
	CLSK	C	0.01%
	NIO	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%
	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%
	KEX	B	0.01%
	ILMN	C	0.01%
	ORA	B	0.01%
	INSP	F	0.01%
	GMRE	F	0.01%
	TWLO	A	0.01%
	PTON	C	0.01%
	VIPS	F	0.01%
	COMP	B	0.01%
	DDD	C	0.01%
	EPRT	A	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%
	PINS	F	0.01%
	RYTM	C	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%
	MXL	C	0.0%
	GRPN	F	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%
	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%
	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%
	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%
	XHR	B	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%
	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%
	DHC	F	0.0%
	ATHM	D	0.0%
	EB	C	0.0%
	NTLA	F	0.0%
	FSLY	F	0.0%
	FIZZ	C	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%
	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%
	INDI	C	0.0%
	FRSH	C	0.0%
	FATE	F	0.0%
	ATUS	C	0.0%
	BXC	B	0.0%
	QNST	C	0.0%
	ERAS	C	0.0%
	GXO	B	0.0%
	NTRA	A	0.0%
	GRAB	A	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%
	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%
	SPR	D	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%
	RLJ	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%
	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%
	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%
	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%
	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%
	HEES	C	0.0%
	WEAV	B	0.0%
	XMTR	C	0.0%
	CMPR	F	0.0%

SPGM Underweight 202 Positions Relative to SPXL

	Symbol	Grade	Weight
	WELL	A	-0.1%
	MSI	B	-0.1%
	CTAS	B	-0.09%
	TFC	A	-0.08%
	AJG	B	-0.08%
	MAR	B	-0.08%
	GWW	B	-0.07%
	AZO	C	-0.07%
	AMP	A	-0.07%
	SRE	A	-0.07%
	OKE	A	-0.07%
	ROP	C	-0.07%
	HLT	A	-0.07%
	PCAR	C	-0.07%
	CCI	C	-0.06%
	MSCI	B	-0.06%
	PWR	A	-0.06%
	HWM	A	-0.06%
	PAYX	B	-0.06%
	D	C	-0.06%
	CPRT	B	-0.06%
	LHX	B	-0.06%
	AIG	C	-0.06%
	O	C	-0.06%
	XEL	A	-0.05%
	KDP	D	-0.05%
	MLM	B	-0.05%
	ACGL	D	-0.05%
	IQV	F	-0.05%
	VMC	B	-0.05%
	MNST	C	-0.05%
	CBRE	B	-0.05%
	MCHP	F	-0.05%
	EW	C	-0.05%
	KR	B	-0.05%
	VRSK	B	-0.05%
	DAL	A	-0.05%
	LEN	D	-0.05%
	TRGP	A	-0.05%
	IT	C	-0.05%
	RSG	A	-0.05%
	COR	B	-0.05%
	VST	A	-0.05%
	AME	A	-0.05%
	UAL	A	-0.04%
	ANSS	B	-0.04%
	PPG	F	-0.04%
	NVR	D	-0.04%
	RJF	A	-0.04%
	MTD	F	-0.04%
	XYL	D	-0.04%
	WEC	A	-0.04%
	TSCO	D	-0.04%
	ETR	A	-0.04%
	FITB	B	-0.04%
	AVB	B	-0.04%
	NDAQ	A	-0.04%
	WTW	B	-0.04%
	GRMN	B	-0.04%
	VICI	C	-0.04%
	EFX	F	-0.04%
	ROK	B	-0.04%
	IRM	C	-0.04%
	EXR	C	-0.04%
	HIG	B	-0.04%
	ED	C	-0.04%
	FANG	D	-0.04%
	HUM	D	-0.04%
	WAB	B	-0.04%
	STZ	D	-0.04%
	RMD	C	-0.04%
	ZBRA	B	-0.03%
	IP	A	-0.03%
	OMC	C	-0.03%
	CBOE	C	-0.03%
	NTRS	A	-0.03%
	PKG	B	-0.03%
	ATO	A	-0.03%
	ES	C	-0.03%
	STLD	B	-0.03%
	STE	D	-0.03%
	ZBH	C	-0.03%
	TDY	B	-0.03%
	WY	D	-0.03%
	WAT	C	-0.03%
	CINF	A	-0.03%
	AEE	A	-0.03%
	SBAC	D	-0.03%
	PTC	B	-0.03%
	WST	D	-0.03%
	RF	A	-0.03%
	CPAY	A	-0.03%
	GDDY	A	-0.03%
	DECK	A	-0.03%
	DTE	C	-0.03%
	HUBB	B	-0.03%
	HBAN	B	-0.03%
	BR	B	-0.03%
	TYL	B	-0.03%
	AWK	C	-0.03%
	VTR	B	-0.03%
	SW	A	-0.03%
	BRO	B	-0.03%
	PHM	D	-0.03%
	TROW	B	-0.03%
	CDW	F	-0.03%
	DOV	B	-0.03%
	CAH	B	-0.03%
	CPT	C	-0.02%
	DAY	B	-0.02%
	INCY	C	-0.02%
	UDR	C	-0.02%
	JKHY	D	-0.02%
	ROL	B	-0.02%
	FFIV	B	-0.02%
	EVRG	A	-0.02%
	POOL	D	-0.02%
	SWK	F	-0.02%
	NDSN	D	-0.02%
	SWKS	F	-0.02%
	LNT	A	-0.02%
	AMCR	D	-0.02%
	L	A	-0.02%
	RVTY	D	-0.02%
	DPZ	C	-0.02%
	JBHT	C	-0.02%
	JBL	C	-0.02%
	VRSN	F	-0.02%
	GEN	B	-0.02%
	NI	A	-0.02%
	EG	D	-0.02%
	AKAM	F	-0.02%
	AVY	D	-0.02%
	TXT	D	-0.02%
	EXPD	D	-0.02%
	DG	F	-0.02%
	GPC	F	-0.02%
	DGX	A	-0.02%
	MAS	D	-0.02%
	BBY	D	-0.02%
	ARE	F	-0.02%
	TRMB	B	-0.02%
	TER	F	-0.02%
	IEX	B	-0.02%
	MAA	A	-0.02%
	CTRA	B	-0.02%
	FDS	B	-0.02%
	WRB	B	-0.02%
	BALL	D	-0.02%
	PFG	C	-0.02%
	J	D	-0.02%
	ULTA	F	-0.02%
	KEY	B	-0.02%
	SNA	B	-0.02%
	HOLX	D	-0.02%
	LUV	B	-0.02%
	ESS	A	-0.02%
	CNP	A	-0.02%
	INVH	D	-0.02%
	NRG	B	-0.02%
	MOH	F	-0.02%
	LH	B	-0.02%
	LYV	A	-0.02%
	DRI	C	-0.02%
	CMS	C	-0.02%
	FOX	A	-0.01%
	DVA	C	-0.01%
	QRVO	F	-0.01%
	FMC	D	-0.01%
	MHK	D	-0.01%
	BWA	D	-0.01%
	WYNN	D	-0.01%
	HII	F	-0.01%
	HAS	D	-0.01%
	RL	C	-0.01%
	IVZ	C	-0.01%
	FRT	B	-0.01%
	MGM	D	-0.01%
	HSIC	C	-0.01%
	HRL	D	-0.01%
	CPB	D	-0.01%
	AOS	F	-0.01%
	TFX	F	-0.01%
	TAP	B	-0.01%
	GL	C	-0.01%
	LKQ	F	-0.01%
	CE	F	-0.01%
	PNW	B	-0.01%
	MKTX	D	-0.01%
	ERIE	F	-0.01%
	AIZ	A	-0.01%
	CTLT	D	-0.01%
	CRL	D	-0.01%
	PAYC	B	-0.01%
	IPG	F	-0.01%
	BXP	D	-0.01%
	TECH	F	-0.01%
	KMX	C	-0.01%
	UHS	D	-0.01%
	EMN	D	-0.01%
	BG	D	-0.01%
	NWS	A	-0.0%

SPGM: Top Represented Industries & Keywords

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

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

SPXL: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Dow Jones Component Insurance Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank