SPGM vs. VONG ETF Comparison

Comparison of SPDR Portfolio MSCI Global Stock Market ETF (SPGM) to Vanguard Russell 1000 Growth ETF (VONG)

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

$61.93

Average Daily Volume

40,579

Number of Holdings ^*

954

* may have additional holdings in another (foreign) market

VONG

Vanguard Russell 1000 Growth ETF

VONG Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the Russell 1000® Growth Index. The index is designed to measure the performance of large-capitalization growth stocks in the United States. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$97.28

Average Daily Volume

813,952

Number of Holdings ^*

429

* may have additional holdings in another (foreign) market

Performance

Period	SPGM	VONG
30 Days	2.70%	7.80%
60 Days	5.38%	12.80%
90 Days	5.59%	13.14%
12 Months	22.48%	39.34%

213 Overlapping Holdings

	Symbol	Grade	Weight in SPGM	Weight in VONG	Overlap
	A	D	0.21%	0.12%	0.12%
	AAPL	A	3.89%	10.51%	3.89%
	ABBV	C	0.19%	1.07%	0.19%
	ABBV	C	0.37%	1.07%	0.37%
	ABNB	B	0.05%	0.22%	0.05%
	ABT	D	0.33%	0.04%	0.04%
	ACN	D	0.25%	0.67%	0.25%
	ADBE	B	0.4%	0.75%	0.4%
	ADP	D	0.19%	0.33%	0.19%
	ADSK	B	0.01%	0.16%	0.01%
	AES	D	0.01%	0.03%	0.01%
	AGL	D	0.0%	0.01%	0.0%
	ALGN	D	0.01%	0.07%	0.01%
	ALLE	D	0.03%	0.04%	0.03%
	ALNY	A	0.01%	0.06%	0.01%
	AMAT	B	0.39%	0.57%	0.39%
	AMD	B	0.29%	0.57%	0.29%
	AMGN	B	0.24%	0.42%	0.24%
	AMT	B	0.17%	0.34%	0.17%
	AMZN	A	2.16%	5.96%	2.16%
	ANET	A	0.07%	0.28%	0.07%
	APA	F	0.01%	0.03%	0.01%
	APLS	F	0.0%	0.01%	0.0%
	APP	B	0.02%	0.02%	0.02%
	AVGO	B	0.97%	2.15%	0.97%
	AXON	C	0.03%	0.07%	0.03%
	AXP	C	0.31%	0.17%	0.17%
	BA	C	0.13%	0.05%	0.05%
	BHF	F	0.01%	0.0%	0.0%
	BKNG	B	0.25%	0.49%	0.25%
	BURL	B	0.0%	0.06%	0.0%
	BX	C	0.04%	0.32%	0.04%
	CAR	F	0.0%	0.0%	0.0%
	CAT	D	0.27%	0.49%	0.27%
	CDNS	B	0.02%	0.29%	0.02%
	CELH	F	0.01%	0.04%	0.01%
	CERT	D	0.0%	0.0%	0.0%
	CFLT	C	0.0%	0.02%	0.0%
	CHD	C	0.07%	0.09%	0.07%
	CHPT	D	0.0%	0.0%	0.0%
	CHRW	C	0.07%	0.03%	0.03%
	CHTR	C	0.08%	0.11%	0.08%
	CI	D	0.08%	0.03%	0.03%
	CLX	D	0.1%	0.06%	0.06%
	CMG	D	0.11%	0.32%	0.11%
	COST	A	0.6%	1.34%	0.6%
	CRM	C	0.41%	0.62%	0.41%
	CROX	C	0.01%	0.03%	0.01%
	CRWD	B	0.1%	0.25%	0.1%
	CSGP	F	0.0%	0.05%	0.0%
	CSX	D	0.19%	0.03%	0.03%
	CZR	C	0.01%	0.01%	0.01%
	DASH	C	0.02%	0.1%	0.02%
	DDOG	B	0.03%	0.11%	0.03%
	DE	F	0.17%	0.34%	0.17%
	DKNG	F	0.02%	0.05%	0.02%
	DNA	F	0.0%	0.0%	0.0%
	DOCS	B	0.0%	0.01%	0.0%
	DOCU	C	0.01%	0.04%	0.01%
	DT	F	0.0%	0.04%	0.0%
	DXCM	D	0.03%	0.17%	0.03%
	EBAY	B	0.09%	0.01%	0.01%
	ECL	B	0.14%	0.17%	0.14%
	EL	F	0.08%	0.03%	0.03%
	ELV	C	0.23%	0.06%	0.06%
	ENPH	F	0.01%	0.06%	0.01%
	EPAM	F	0.01%	0.04%	0.01%
	EQIX	C	0.04%	0.13%	0.04%
	ESTC	B	0.0%	0.03%	0.0%
	ETSY	F	0.0%	0.02%	0.0%
	EXAS	D	0.01%	0.01%	0.01%
	EXPE	C	0.01%	0.04%	0.01%
	FAST	D	0.11%	0.11%	0.11%
	FICO	A	0.02%	0.12%	0.02%
	FIVN	D	0.0%	0.01%	0.0%
	FOUR	B	0.01%	0.01%	0.01%
	FTNT	C	0.02%	0.14%	0.02%
	GEHC	D	0.02%	0.01%	0.01%
	GOOG	A	1.27%	3.27%	1.27%
	GOOGL	A	1.24%	3.84%	1.24%
	GTLB	C	0.01%	0.02%	0.01%
	HAL	F	0.06%	0.02%	0.02%
	HCA	C	0.02%	0.05%	0.02%
	HCP	A	0.0%	0.01%	0.0%
	HD	C	0.48%	1.26%	0.48%
	HES	D	0.13%	0.09%	0.09%
	HON	B	0.21%	0.07%	0.07%
	HPQ	C	0.11%	0.02%	0.02%
	HSY	F	0.13%	0.08%	0.08%
	HUBS	C	0.02%	0.11%	0.02%
	IDXX	D	0.01%	0.15%	0.01%
	ILMN	D	0.01%	0.02%	0.01%
	INSP	F	0.01%	0.02%	0.01%
	INTU	A	0.38%	0.59%	0.38%
	ISRG	A	0.09%	0.53%	0.09%
	ITW	D	0.12%	0.22%	0.12%
	KEYS	D	0.11%	0.02%	0.02%
	KLAC	B	0.06%	0.38%	0.06%
	KMB	B	0.12%	0.16%	0.12%
	KO	A	0.31%	0.46%	0.31%
	KVUE	F	0.03%	0.05%	0.03%
	LBRDK	C	0.01%	0.0%	0.0%
	LIN	C	0.32%	0.07%	0.07%
	LLY	A	0.87%	2.6%	0.87%
	LMT	C	0.23%	0.38%	0.23%
	LOW	D	0.25%	0.35%	0.25%
	LRCX	B	0.1%	0.44%	0.1%
	LSCC	D	0.0%	0.04%	0.0%
	LULU	F	0.02%	0.13%	0.02%
	LVS	F	0.04%	0.06%	0.04%
	LW	F	0.05%	0.05%	0.05%
	LYFT	F	0.0%	0.02%	0.0%
	MA	C	0.39%	1.39%	0.39%
	MCD	F	0.2%	0.29%	0.2%
	MCK	B	0.25%	0.11%	0.11%
	MDB	D	0.02%	0.06%	0.02%
	META	A	1.39%	3.87%	1.39%
	MMC	B	0.17%	0.31%	0.17%
	MPWR	B	0.03%	0.13%	0.03%
	MRK	C	0.43%	0.22%	0.22%
	MRVI	F	0.0%	0.0%	0.0%
	MSFT	A	3.87%	11.58%	3.87%
	MTCH	F	0.0%	0.03%	0.0%
	NCLH	C	0.0%	0.01%	0.0%
	NCNO	B	0.0%	0.0%	0.0%
	NET	B	0.03%	0.07%	0.03%
	NFLX	A	0.32%	1.03%	0.32%
	NKE	F	0.19%	0.22%	0.19%
	NOC	D	0.15%	0.01%	0.01%
	NOW	A	0.13%	0.5%	0.13%
	NTAP	A	0.11%	0.04%	0.04%
	NTRA	B	0.0%	0.04%	0.0%
	NVCR	D	0.0%	0.01%	0.0%
	NVDA	B	3.73%	9.76%	3.73%
	ODFL	C	0.0%	0.12%	0.0%
	OKTA	C	0.01%	0.0%	0.0%
	ORCL	A	0.37%	0.28%	0.28%
	ORLY	C	0.19%	0.18%	0.18%
	OTIS	B	0.04%	0.01%	0.01%
	OVV	D	0.0%	0.02%	0.0%
	PANW	B	0.1%	0.34%	0.1%
	PATH	D	0.0%	0.01%	0.0%
	PEN	D	0.01%	0.03%	0.01%
	PEP	D	0.28%	0.62%	0.28%
	PG	C	0.49%	0.27%	0.27%
	PGR	B	0.15%	0.35%	0.15%
	PINS	B	0.02%	0.09%	0.02%
	PLTR	A	0.05%	0.16%	0.05%
	PODD	C	0.0%	0.05%	0.0%
	PSA	B	0.2%	0.09%	0.09%
	PTON	F	0.0%	0.0%	0.0%
	PYPL	D	0.11%	0.23%	0.11%
	QCOM	B	0.35%	0.74%	0.35%
	RBLX	B	0.01%	0.06%	0.01%
	RCL	B	0.02%	0.04%	0.02%
	REGN	B	0.13%	0.03%	0.03%
	RGEN	F	0.0%	0.01%	0.0%
	RKT	C	0.0%	0.0%	0.0%
	RNG	F	0.0%	0.01%	0.0%
	ROKU	C	0.01%	0.0%	0.0%
	ROST	B	0.19%	0.16%	0.16%
	S	C	0.0%	0.0%	0.0%
	SAM	C	0.0%	0.01%	0.0%
	SBUX	F	0.18%	0.33%	0.18%
	SHC	C	0.0%	0.0%	0.0%
	SHW	D	0.03%	0.23%	0.03%
	SITE	F	0.0%	0.01%	0.0%
	SMAR	B	0.01%	0.02%	0.01%
	SNOW	D	0.04%	0.16%	0.04%
	SNPS	B	0.05%	0.32%	0.05%
	SPG	C	0.13%	0.04%	0.04%
	SPGI	B	0.22%	0.04%	0.04%
	SPR	B	0.0%	0.0%	0.0%
	SQ	C	0.03%	0.05%	0.03%
	SQ	C	0.01%	0.05%	0.01%
	SRPT	C	0.01%	0.04%	0.01%
	SYK	B	0.18%	0.12%	0.12%
	SYY	D	0.12%	0.14%	0.12%
	TEAM	C	0.02%	0.09%	0.02%
	TGT	D	0.12%	0.27%	0.12%
	TJX	A	0.34%	0.44%	0.34%
	TMO	D	0.41%	0.51%	0.41%
	TNDM	C	0.0%	0.0%	0.0%
	TOST	B	0.01%	0.03%	0.01%
	TPR	C	0.03%	0.0%	0.0%
	TREX	F	0.01%	0.04%	0.01%
	TSLA	B	0.8%	1.84%	0.8%
	TT	B	0.16%	0.08%	0.08%
	TTD	A	0.05%	0.15%	0.05%
	TWLO	D	0.01%	0.01%	0.01%
	TXG	F	0.0%	0.01%	0.0%
	TXN	B	0.4%	0.27%	0.27%
	U	F	0.01%	0.01%	0.01%
	UBER	B	0.13%	0.48%	0.13%
	UNH	D	0.58%	1.45%	0.58%
	UNP	D	0.26%	0.23%	0.23%
	UPS	D	0.11%	0.1%	0.1%
	URI	D	0.02%	0.03%	0.02%
	UWMC	D	0.0%	0.0%	0.0%
	V	C	0.63%	1.63%	0.63%
	VEEV	D	0.01%	0.09%	0.01%
	VNT	D	0.01%	0.01%	0.01%
	VRT	C	0.05%	0.01%	0.01%
	VRTX	B	0.08%	0.4%	0.08%
	VSCO	D	0.0%	0.0%	0.0%
	W	D	0.01%	0.01%	0.01%
	WDAY	D	0.02%	0.16%	0.02%
	WM	B	0.22%	0.29%	0.22%
	YETI	F	0.01%	0.01%	0.01%
	YUM	D	0.11%	0.13%	0.11%
	ZI	F	0.0%	0.01%	0.0%
	ZS	B	0.02%	0.06%	0.02%
	ZTS	C	0.1%	0.29%	0.1%

SPGM Overweight 741 Positions Relative to VONG

	Symbol	Grade	Weight
	TSM	A	1.01%
	JPM	B	0.84%
	XOM	D	0.68%
	BRK.A	C	0.65%
	BAC	B	0.48%
	JNJ	F	0.39%
	WFC	C	0.37%
	WMT	A	0.35%
	CVX	D	0.35%
	TM	D	0.32%
	DHR	D	0.31%
	GS	A	0.31%
	CSCO	D	0.3%
	RTX	D	0.29%
	DIS	D	0.27%
	C	B	0.26%
	CB	C	0.25%
	MS	B	0.25%
	NVS	A	0.24%
	IBM	B	0.24%
	NEE	D	0.24%
	GD	D	0.23%
	PLD	C	0.23%
	AFL	B	0.22%
	ETN	C	0.22%
	MDT	D	0.21%
	COP	D	0.2%
	PFE	C	0.2%
	SONY	C	0.2%
	CMI	D	0.2%
	EMR	C	0.19%
	ADI	B	0.19%
	FDX	B	0.19%
	MPC	D	0.19%
	MET	D	0.18%
	T	B	0.18%
	INTC	C	0.18%
	CMCSA	F	0.17%
	MUFG	A	0.17%
	TEL	B	0.17%
	BABA	D	0.17%
	SCHW	D	0.17%
	BDX	F	0.17%
	PM	B	0.17%
	TRV	D	0.17%
	IBN	A	0.17%
	BK	B	0.16%
	EOG	D	0.16%
	DFS	B	0.16%
	UL	B	0.16%
	GILD	C	0.15%
	AEP	C	0.15%
	CNI	D	0.15%
	INFY	B	0.15%
	JCI	D	0.15%
	PRU	B	0.15%
	ALL	D	0.14%
	CL	B	0.14%
	GE	D	0.14%
	CVS	D	0.14%
	VZ	B	0.14%
	NSC	D	0.14%
	GLW	B	0.13%
	PEG	B	0.13%
	BSX	B	0.13%
	RDY	A	0.13%
	PH	D	0.13%
	VLO	D	0.13%
	PNC	C	0.13%
	CTSH	C	0.12%
	TD	F	0.12%
	COF	D	0.12%
	IR	C	0.12%
	CEG	B	0.12%
	EIX	C	0.11%
	AZN	C	0.1%
	MTB	C	0.1%
	PDD	D	0.1%
	MU	C	0.1%
	ADM	C	0.1%
	BIIB	C	0.1%
	USB	D	0.1%
	MKC	C	0.1%
	BMY	F	0.1%
	MELI	B	0.09%
	F	B	0.09%
	ROIC	C	0.09%
	DUK	C	0.09%
	SHOP	C	0.09%
	VALE	D	0.08%
	MO	A	0.08%
	DD	C	0.08%
	UMH	A	0.08%
	GM	B	0.08%
	LYB	D	0.08%
	SLB	D	0.08%
	WDC	B	0.08%
	CME	D	0.08%
	CHT	D	0.08%
	MMM	B	0.08%
	SMFG	A	0.08%
	FE	C	0.07%
	SO	B	0.07%
	WMB	B	0.07%
	DLTR	F	0.07%
	APD	D	0.07%
	STX	B	0.07%
	PPL	D	0.07%
	HDB	C	0.07%
	HPE	C	0.07%
	STLA	F	0.07%
	CTVA	D	0.07%
	BLK	B	0.07%
	DOW	D	0.07%
	SJM	D	0.07%
	UMC	B	0.07%
	MRO	B	0.07%
	TSN	D	0.07%
	DEO	F	0.07%
	VGR	C	0.06%
	E	C	0.06%
	MDLZ	D	0.06%
	EQR	B	0.06%
	BCS	A	0.06%
	TCOM	C	0.06%
	EXC	D	0.06%
	PSX	D	0.06%
	DEA	B	0.06%
	FTV	D	0.06%
	NXRT	C	0.06%
	MFG	A	0.06%
	JNPR	B	0.06%
	WIT	A	0.06%
	STT	C	0.06%
	OXY	D	0.06%
	AON	C	0.06%
	PKX	D	0.06%
	MOD	B	0.05%
	DOC	B	0.05%
	COIN	C	0.05%
	SMCI	B	0.05%
	CAG	D	0.05%
	K	D	0.05%
	FCX	C	0.05%
	ITUB	D	0.05%
	NMR	C	0.05%
	LYG	A	0.05%
	TMUS	B	0.05%
	GIS	D	0.05%
	CARR	C	0.05%
	BEN	F	0.05%
	BAX	C	0.05%
	GEV	B	0.04%
	NEM	A	0.04%
	KB	A	0.04%
	TMDX	A	0.04%
	FOXA	B	0.04%
	VLTO	D	0.04%
	GOOD	B	0.04%
	MRVL	C	0.04%
	MRNA	D	0.04%
	SYF	B	0.04%
	KMI	B	0.03%
	CHCT	F	0.03%
	FTI	B	0.03%
	DELL	C	0.03%
	AXNX	B	0.03%
	YUMC	F	0.03%
	HIMS	C	0.03%
	LNTH	C	0.03%
	BBD	D	0.03%
	LNW	B	0.03%
	SE	B	0.03%
	BIDU	F	0.03%
	BRSP	D	0.03%
	LDOS	B	0.03%
	HMC	D	0.03%
	DX	D	0.03%
	PBR	D	0.03%
	PBF	F	0.02%
	OII	B	0.02%
	TAL	D	0.02%
	AZEK	D	0.02%
	MSTR	D	0.02%
	MTDR	D	0.02%
	AIV	B	0.02%
	GGB	F	0.02%
	NUE	F	0.02%
	SNAP	B	0.02%
	ALLY	B	0.02%
	QTWO	B	0.02%
	WBD	F	0.02%
	CFG	B	0.02%
	CVNA	B	0.02%
	DYN	B	0.02%
	CF	F	0.02%
	DVN	D	0.02%
	ABEV	F	0.02%
	KOS	F	0.02%
	HOV	D	0.02%
	WBA	F	0.02%
	PARA	C	0.02%
	BABA	D	0.02%
	FSLR	C	0.02%
	AHH	B	0.02%
	TAC	F	0.02%
	LI	F	0.02%
	IIPR	B	0.02%
	GOLD	B	0.02%
	MOS	F	0.02%
	TTGT	B	0.02%
	TBBK	B	0.02%
	WTTR	B	0.02%
	MT	D	0.02%
	ITCI	C	0.02%
	SHG	A	0.02%
	BKR	C	0.02%
	CHX	C	0.02%
	IFF	B	0.02%
	WRLD	D	0.01%
	ELAN	D	0.01%
	BOOT	B	0.01%
	BLFS	C	0.01%
	CARS	C	0.01%
	DXC	C	0.01%
	RAMP	C	0.01%
	BE	D	0.01%
	NSSC	B	0.01%
	RKLB	B	0.01%
	WSR	B	0.01%
	FBK	B	0.01%
	BCRX	B	0.01%
	BASE	D	0.01%
	SLP	F	0.01%
	ITRI	C	0.01%
	GNRC	C	0.01%
	RVLV	F	0.01%
	BTU	C	0.01%
	CCO	C	0.01%
	SQM	D	0.01%
	IQ	D	0.01%
	ELF	C	0.01%
	PCH	F	0.01%
	ACLS	B	0.01%
	BGNE	F	0.01%
	LASR	F	0.01%
	PNTG	B	0.01%
	AI	B	0.01%
	PACK	D	0.01%
	LOB	F	0.01%
	KOP	F	0.01%
	VITL	C	0.01%
	ASPN	D	0.01%
	IMVT	D	0.01%
	CMPR	B	0.01%
	DLR	B	0.01%
	ALEX	B	0.01%
	LIND	B	0.01%
	OGN	C	0.01%
	GME	C	0.01%
	BZ	D	0.01%
	RIOT	D	0.01%
	DQ	F	0.01%
	OMI	F	0.01%
	CLNE	F	0.01%
	Z	C	0.01%
	M	C	0.01%
	JKS	D	0.01%
	PHI	C	0.01%
	PTCT	D	0.01%
	AMR	D	0.01%
	XPO	C	0.01%
	MITK	F	0.01%
	PAY	C	0.01%
	CASH	B	0.01%
	JBI	D	0.01%
	ZTO	F	0.01%
	MCRI	D	0.01%
	NOV	D	0.01%
	RCUS	F	0.01%
	ACMR	C	0.01%
	CLBT	B	0.01%
	RLX	F	0.01%
	AAON	B	0.01%
	ULH	D	0.01%
	BZH	F	0.01%
	INTA	C	0.01%
	FUTU	C	0.01%
	BLBD	C	0.01%
	ENVX	B	0.01%
	CPRX	D	0.01%
	ZETA	B	0.01%
	HASI	D	0.01%
	OSW	B	0.01%
	COLL	C	0.01%
	SOFI	F	0.01%
	KD	C	0.01%
	GSAT	D	0.01%
	COMP	C	0.01%
	RNA	C	0.01%
	IDYA	F	0.01%
	EFC	B	0.01%
	AGNC	A	0.01%
	XPEV	F	0.01%
	MGNI	B	0.01%
	PRTA	F	0.01%
	TGI	B	0.01%
	PTEN	F	0.01%
	PHR	F	0.01%
	RDNT	B	0.01%
	VSTO	B	0.01%
	SEMR	C	0.01%
	POWL	D	0.01%
	MNDY	A	0.01%
	CCS	D	0.01%
	AKRO	C	0.01%
	INMD	F	0.01%
	ERJ	D	0.01%
	NXPI	B	0.01%
	GMS	D	0.01%
	MBIN	C	0.01%
	MHO	D	0.01%
	CLDX	F	0.01%
	MDGL	C	0.01%
	BBWI	F	0.01%
	AKO.A	C	0.01%
	CLDT	D	0.01%
	CENX	B	0.01%
	HSTM	C	0.01%
	MRC	D	0.01%
	AFRM	F	0.01%
	FIS	B	0.01%
	ALB	F	0.01%
	THR	D	0.01%
	TGTX	B	0.01%
	BEKE	C	0.01%
	ENS	C	0.01%
	SID	D	0.01%
	SOLV	F	0.01%
	RYTM	B	0.01%
	MARA	C	0.01%
	TWST	B	0.01%
	BLDR	F	0.01%
	VTRS	D	0.01%
	GRBK	C	0.01%
	DVAX	D	0.01%
	VERX	B	0.01%
	CNH	F	0.01%
	GERN	B	0.01%
	ORA	C	0.01%
	MATX	B	0.01%
	NIO	F	0.01%
	FLNG	C	0.01%
	EPRT	A	0.01%
	CLSK	D	0.01%
	KEX	B	0.01%
	ABR	B	0.01%
	NWSA	B	0.01%
	PLMR	C	0.01%
	BBIO	D	0.01%
	ARWR	C	0.01%
	VIPS	F	0.01%
	TME	B	0.01%
	SKY	F	0.01%
	ADMA	B	0.01%
	GMRE	B	0.01%
	IMXI	F	0.01%
	ACEL	D	0.01%
	PLAY	F	0.01%
	TEVA	C	0.01%
	KSS	F	0.01%
	AGYS	B	0.01%
	RIVN	C	0.01%
	CCL	C	0.01%
	ZM	F	0.01%
	ON	C	0.01%
	SRG	D	0.0%
	KRYS	B	0.0%
	XPEV	F	0.0%
	LI	F	0.0%
	SMWB	D	0.0%
	ZNTL	F	0.0%
	ALEC	F	0.0%
	MP	D	0.0%
	JOBY	C	0.0%
	JAMF	C	0.0%
	ATUS	F	0.0%
	UNIT	D	0.0%
	OEC	F	0.0%
	TH	D	0.0%
	OLMA	D	0.0%
	SCLX	C	0.0%
	CRCT	F	0.0%
	RGNX	F	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	B	0.0%
	PKST	F	0.0%
	CGEM	D	0.0%
	BOC	F	0.0%
	ASTH	C	0.0%
	SAVA	F	0.0%
	FNA	F	0.0%
	MLCO	F	0.0%
	LGIH	F	0.0%
	DAN	F	0.0%
	EDIT	F	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	C	0.0%
	CEVA	D	0.0%
	GDS	B	0.0%
	OLO	F	0.0%
	FSBC	C	0.0%
	KE	F	0.0%
	LUMN	F	0.0%
	SHEN	C	0.0%
	GDOT	F	0.0%
	FLGT	F	0.0%
	TELL	C	0.0%
	FIGS	C	0.0%
	PFC	D	0.0%
	AMRC	F	0.0%
	MGPI	F	0.0%
	VERV	F	0.0%
	ORLA	C	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%
	TMCI	D	0.0%
	BEAM	D	0.0%
	QFIN	D	0.0%
	RENB	C	0.0%
	HOG	F	0.0%
	VIR	F	0.0%
	CNDT	D	0.0%
	APTV	F	0.0%
	TRUP	B	0.0%
	PDFS	B	0.0%
	SGRY	F	0.0%
	MAT	F	0.0%
	ELVN	B	0.0%
	SEDG	F	0.0%
	LPRO	F	0.0%
	MXL	B	0.0%
	APPN	D	0.0%
	ETNB	F	0.0%
	SANA	F	0.0%
	ZUO	C	0.0%
	DH	F	0.0%
	SOUN	D	0.0%
	HAE	C	0.0%
	WOLF	F	0.0%
	IBP	D	0.0%
	PACB	F	0.0%
	HIBB	A	0.0%
	SWBI	D	0.0%
	BVN	C	0.0%
	MDXG	F	0.0%
	CECO	B	0.0%
	VNET	C	0.0%
	NMIH	B	0.0%
	OSPN	C	0.0%
	NABL	B	0.0%
	PARR	F	0.0%
	THO	D	0.0%
	LAND	B	0.0%
	DGII	D	0.0%
	GRPN	C	0.0%
	IRTC	C	0.0%
	XPOF	B	0.0%
	XHR	D	0.0%
	HURN	C	0.0%
	YOU	B	0.0%
	GOGO	D	0.0%
	LMND	C	0.0%
	ALTG	F	0.0%
	ICHR	B	0.0%
	CEIX	B	0.0%
	COTY	F	0.0%
	CALX	C	0.0%
	CRSR	F	0.0%
	RVNC	F	0.0%
	BROS	B	0.0%
	CUBI	B	0.0%
	FUBO	F	0.0%
	ALHC	B	0.0%
	DNOW	D	0.0%
	VCYT	C	0.0%
	IDT	D	0.0%
	QTRX	F	0.0%
	TLRY	D	0.0%
	RIG	F	0.0%
	THRM	F	0.0%
	ATEN	C	0.0%
	AMC	C	0.0%
	SABR	D	0.0%
	ULCC	F	0.0%
	SVC	F	0.0%
	CYRX	F	0.0%
	LWLG	F	0.0%
	OSUR	F	0.0%
	UVV	D	0.0%
	ADUS	B	0.0%
	ESTA	D	0.0%
	SM	D	0.0%
	PDFS	B	0.0%
	GKOS	A	0.0%
	SHLS	F	0.0%
	HAYW	F	0.0%
	CXM	D	0.0%
	ENIC	C	0.0%
	LILAK	B	0.0%
	ENVA	B	0.0%
	SITM	B	0.0%
	NARI	C	0.0%
	HRI	F	0.0%
	HAYN	C	0.0%
	FVRR	C	0.0%
	NOVA	D	0.0%
	DHI	D	0.0%
	ACCD	F	0.0%
	ATRO	C	0.0%
	AOSL	B	0.0%
	SIBN	D	0.0%
	RXST	D	0.0%
	AMRK	C	0.0%
	ATEC	D	0.0%
	DBI	F	0.0%
	TASK	C	0.0%
	HL	C	0.0%
	CHEF	A	0.0%
	PENN	C	0.0%
	CCB	C	0.0%
	IAS	C	0.0%
	EMBC	F	0.0%
	NVRI	C	0.0%
	AA	B	0.0%
	PCVX	B	0.0%
	MQ	C	0.0%
	PUBM	D	0.0%
	GLBE	B	0.0%
	LAZR	F	0.0%
	GH	C	0.0%
	ARDX	F	0.0%
	YY	C	0.0%
	MNTK	C	0.0%
	PRO	F	0.0%
	NEOG	C	0.0%
	ATHM	D	0.0%
	TITN	F	0.0%
	AVNS	F	0.0%
	LCID	D	0.0%
	WGO	F	0.0%
	IAG	C	0.0%
	CLF	D	0.0%
	HTHT	F	0.0%
	VZIO	B	0.0%
	ARLO	B	0.0%
	NNDM	D	0.0%
	RRC	D	0.0%
	BXC	F	0.0%
	RVMD	D	0.0%
	AX	B	0.0%
	NEXT	C	0.0%
	YEXT	F	0.0%
	PL	F	0.0%
	XPRO	C	0.0%
	UCTT	A	0.0%
	FIZZ	B	0.0%
	GRAB	C	0.0%
	CCBG	D	0.0%
	CYTK	D	0.0%
	BRBR	B	0.0%
	VRDN	F	0.0%
	DFH	F	0.0%
	DUOL	F	0.0%
	SQSP	B	0.0%
	IIIV	B	0.0%
	FRSH	D	0.0%
	FSLY	F	0.0%
	QNST	C	0.0%
	ACHR	C	0.0%
	SPWR	F	0.0%
	CNC	D	0.0%
	STAA	B	0.0%
	CSTL	F	0.0%
	INN	D	0.0%
	NX	F	0.0%
	AR	D	0.0%
	GXO	F	0.0%
	MOMO	B	0.0%
	DHC	B	0.0%
	KIM	B	0.0%
	FC	C	0.0%
	MTW	F	0.0%
	SIGA	C	0.0%
	AXSM	B	0.0%
	FCEL	F	0.0%
	PRG	D	0.0%
	METC	D	0.0%
	UEC	D	0.0%
	EVRI	C	0.0%
	PCT	C	0.0%
	EB	F	0.0%
	PHAT	C	0.0%
	LEU	F	0.0%
	FDMT	D	0.0%
	NUVL	C	0.0%
	ADNT	F	0.0%
	PCG	D	0.0%
	WRBY	C	0.0%
	GNK	D	0.0%
	DIN	F	0.0%
	OPEN	F	0.0%
	LSPD	F	0.0%
	BIGC	C	0.0%
	APPF	B	0.0%
	PFSI	B	0.0%
	PAR	B	0.0%
	KHC	D	0.0%
	TTWO	C	0.0%
	SNDX	C	0.0%
	VRNS	B	0.0%
	KC	F	0.0%
	REZI	D	0.0%
	DCO	B	0.0%
	VVI	D	0.0%
	SDGR	F	0.0%
	ARCT	F	0.0%
	BYND	F	0.0%
	OSCR	D	0.0%
	TUYA	F	0.0%
	VGR	C	0.0%
	PGC	F	0.0%
	HST	D	0.0%
	PLUG	F	0.0%
	PTGX	B	0.0%
	PETQ	B	0.0%
	FROG	B	0.0%
	PLPC	F	0.0%
	TRNS	C	0.0%
	ACVA	C	0.0%
	ENFN	D	0.0%
	CASS	D	0.0%
	HSII	D	0.0%
	NTLA	F	0.0%
	IBUY	C	0.0%
	DDD	F	0.0%
	PRCT	C	0.0%
	ZLAB	F	0.0%
	UPWK	D	0.0%
	DOCN	C	0.0%
	BRZE	D	0.0%
	WEAV	C	0.0%
	ARVN	F	0.0%
	CIG	C	0.0%
	KLG	F	0.0%
	KEP	D	0.0%
	ARRY	F	0.0%
	IIIN	F	0.0%
	CRMT	F	0.0%
	GDRX	B	0.0%
	KREF	D	0.0%
	GDYN	C	0.0%
	CHGX	A	0.0%
	HEES	F	0.0%
	RXRX	F	0.0%
	VMEO	F	0.0%
	KYMR	D	0.0%
	EXTR	C	0.0%
	RLJ	F	0.0%
	BILI	C	0.0%
	TIGR	B	0.0%
	AMG	D	0.0%
	UPST	F	0.0%
	RUN	F	0.0%
	EQT	D	0.0%
	CTLP	D	0.0%
	INDI	D	0.0%
	FLYW	F	0.0%
	AMPS	D	0.0%
	INSW	C	0.0%
	TDOC	F	0.0%
	LEGH	D	0.0%
	FLNC	F	0.0%
	CYH	D	0.0%
	WIX	C	0.0%
	HUYA	C	0.0%
	GPN	D	0.0%
	EVH	F	0.0%
	DRH	D	0.0%
	REG	B	0.0%
	NVAX	C	0.0%
	QS	F	0.0%
	NEO	D	0.0%
	AUPH	C	0.0%
	MEG	D	0.0%
	USLM	C	0.0%
	VICR	F	0.0%
	SRRK	F	0.0%
	EA	B	0.0%
	VPG	F	0.0%
	RCKT	F	0.0%
	TIGO	B	0.0%
	PIXY	F	0.0%
	SPT	D	0.0%
	EXPI	F	0.0%
	AUR	C	0.0%
	ROCK	D	0.0%
	ASAN	D	0.0%
	CIB	C	0.0%
	RDFN	F	0.0%
	PNR	D	0.0%
	PLAB	D	0.0%
	JELD	F	0.0%
	RPAY	C	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	B	0.0%
	ATKR	F	0.0%
	DMRC	B	0.0%
	BILL	F	0.0%

SPGM Underweight 218 Positions Relative to VONG

	Symbol	Grade	Weight
	APO	B	-0.23%
	MCO	A	-0.22%
	MSI	B	-0.21%
	MAR	C	-0.21%
	CTAS	A	-0.2%
	EW	B	-0.2%
	CPRT	C	-0.17%
	SPOT	B	-0.16%
	AMP	B	-0.16%
	PAYX	D	-0.15%
	APH	B	-0.15%
	AZO	C	-0.15%
	GWW	C	-0.15%
	VRSK	A	-0.14%
	MCHP	C	-0.14%
	IQV	D	-0.14%
	LNG	B	-0.14%
	MNST	D	-0.14%
	TSCO	D	-0.12%
	IT	B	-0.12%
	CDW	D	-0.11%
	ROK	D	-0.11%
	RMD	C	-0.11%
	DG	F	-0.11%
	MTD	D	-0.11%
	TRGP	A	-0.1%
	DECK	C	-0.1%
	ANSS	C	-0.09%
	HLT	B	-0.09%
	ARES	C	-0.09%
	WST	F	-0.09%
	CPNG	C	-0.09%
	LPLA	B	-0.08%
	CPAY	D	-0.07%
	DPZ	D	-0.07%
	WAT	D	-0.07%
	TER	A	-0.07%
	HUM	C	-0.07%
	MSCI	C	-0.07%
	NU	B	-0.07%
	ULTA	D	-0.07%
	BAH	C	-0.07%
	EFX	B	-0.07%
	BR	B	-0.07%
	TYL	A	-0.06%
	FDS	C	-0.06%
	KKR	C	-0.06%
	TDG	D	-0.05%
	SWAV	A	-0.05%
	FND	F	-0.05%
	CAH	D	-0.05%
	HEI	B	-0.05%
	NBIX	C	-0.05%
	MANH	B	-0.05%
	PSTG	B	-0.05%
	POOL	F	-0.05%
	EQH	B	-0.05%
	HUBB	C	-0.04%
	MOH	F	-0.04%
	RBA	B	-0.04%
	VST	C	-0.04%
	SCCO	C	-0.04%
	LECO	F	-0.04%
	PWR	D	-0.04%
	PTC	B	-0.04%
	WING	B	-0.04%
	TECH	D	-0.04%
	TPL	B	-0.04%
	TXRH	B	-0.04%
	IRM	B	-0.04%
	WMS	D	-0.04%
	ROL	A	-0.04%
	GDDY	A	-0.04%
	BRKR	F	-0.03%
	MKTX	C	-0.03%
	MORN	B	-0.03%
	VMC	D	-0.03%
	PAYC	F	-0.03%
	FIVE	F	-0.03%
	PPG	D	-0.03%
	INCY	D	-0.03%
	LAMR	B	-0.03%
	DVA	C	-0.03%
	MUSA	C	-0.03%
	BRO	B	-0.03%
	TTC	C	-0.03%
	KNSL	F	-0.03%
	DRI	D	-0.03%
	HEI	B	-0.03%
	MEDP	C	-0.03%
	BSY	D	-0.03%
	CHDN	B	-0.03%
	JBL	F	-0.03%
	WSO	B	-0.02%
	STZ	B	-0.02%
	BJ	B	-0.02%
	TW	C	-0.02%
	IONS	B	-0.02%
	GPK	D	-0.02%
	HRB	B	-0.02%
	CCI	D	-0.02%
	EXEL	C	-0.02%
	PFGC	D	-0.02%
	PRI	C	-0.02%
	DBX	D	-0.02%
	ACGL	C	-0.02%
	LSTR	D	-0.02%
	EXP	D	-0.02%
	PCOR	C	-0.02%
	RYAN	B	-0.02%
	MASI	F	-0.02%
	GGG	D	-0.02%
	CHE	D	-0.02%
	PCTY	F	-0.02%
	AVY	D	-0.02%
	EME	D	-0.02%
	GLOB	C	-0.02%
	VVV	B	-0.01%
	TNL	D	-0.01%
	BWXT	B	-0.01%
	G	D	-0.01%
	AWI	D	-0.01%
	FRPT	A	-0.01%
	OLLI	B	-0.01%
	NFE	F	-0.01%
	BMRN	C	-0.01%
	AM	B	-0.01%
	DAL	D	-0.01%
	TPX	D	-0.01%
	CASY	B	-0.01%
	NXST	B	-0.01%
	SLM	D	-0.01%
	WSC	F	-0.01%
	NVR	D	-0.01%
	FCNCA	C	-0.01%
	TTEK	D	-0.01%
	SBAC	F	-0.01%
	UHAL	D	-0.01%
	BBY	C	-0.01%
	GMED	B	-0.01%
	ALGM	C	-0.01%
	EG	D	-0.01%
	EXPD	B	-0.01%
	PEGA	D	-0.01%
	WSM	D	-0.01%
	EEFT	D	-0.01%
	DV	D	-0.01%
	PLNT	B	-0.01%
	OKE	B	-0.01%
	JBHT	F	-0.01%
	RPM	D	-0.01%
	AAL	F	-0.01%
	ZBRA	C	-0.01%
	SMG	D	-0.01%
	WEN	F	-0.01%
	AJG	A	-0.01%
	SEE	F	-0.01%
	RNR	D	-0.01%
	RARE	D	-0.01%
	SUI	C	-0.01%
	TDC	C	-0.01%
	KBR	D	-0.01%
	NTNX	C	-0.01%
	WTW	B	-0.01%
	LYV	C	-0.01%
	JAZZ	F	-0.01%
	CHH	B	-0.01%
	IRDM	D	-0.01%
	ELS	C	-0.01%
	WEX	D	-0.01%
	DCI	D	-0.01%
	OLED	A	-0.01%
	SCI	C	-0.01%
	JKHY	C	-0.01%
	ICLR	B	-0.01%
	XYL	D	-0.01%
	INFA	B	-0.0%
	CABO	F	-0.0%
	PLTK	F	-0.0%
	LBRDA	C	-0.0%
	UHAL	D	-0.0%
	VMI	C	-0.0%
	PYCR	D	-0.0%
	PII	F	-0.0%
	BIRK	B	-0.0%
	WH	C	-0.0%
	BC	F	-0.0%
	UI	B	-0.0%
	HLI	A	-0.0%
	XP	F	-0.0%
	LNC	C	-0.0%
	EHC	B	-0.0%
	WYNN	D	-0.0%
	KMX	C	-0.0%
	DAY	F	-0.0%
	ALSN	D	-0.0%
	SKX	C	-0.0%
	WU	D	-0.0%
	RH	D	-0.0%
	UDR	B	-0.0%
	MTN	F	-0.0%
	ACI	F	-0.0%
	BFAM	C	-0.0%
	VRSN	C	-0.0%
	AXTA	D	-0.0%
	TPG	D	-0.0%
	BLD	D	-0.0%
	DKS	C	-0.0%
	ENTG	B	-0.0%
	AOS	D	-0.0%
	MSA	C	-0.0%
	FMC	F	-0.0%
	LOPE	C	-0.0%
	SAIA	C	-0.0%
	OWL	D	-0.0%
	IEX	D	-0.0%
	RLI	D	-0.0%
	FCN	D	-0.0%

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 Life Sciences E Commerce

VONG: Top Represented Industries & Keywords

Industries: Software - Application Biotechnology Business Services Software - Infrastructure Specialty Retail Diagnostics & Research Medical Devices Capital Markets Diversified Industrials Restaurants Semiconductors Aerospace & Defense Internet Content & Information Asset Management Leisure Semiconductor Equipment & Materials Credit Services Household & Personal Products Specialty Chemicals Building Materials

Keywords: S&P 500 Nasdaq 100 Computing Medicine Electronics Cloud Computing Insurance Telecommunications Chemical Biotechnology Dow Jones Component Retailing Software Software As A Service Transport Work From Home IBD 50 Mobile Devices Mining Natural Gas