SPSM vs. EES ETF Comparison

Comparison of SPDR Portfolio Small Cap ETF (SPSM) to WisdomTree SmallCap Earnings Fund (EES)

SPSM

SPDR Portfolio Small Cap ETF

SPSM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Small Cap Index that tracks the performance of small capitalization exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may purchase a subset of the securities in the index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.84

Average Daily Volume

1,581,869

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

EES

WisdomTree SmallCap Earnings Fund

EES Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree SmallCap Earnings Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that is comprised of earnings-generating companies within the small-capitalization segment of the U.S. Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.85

Average Daily Volume

21,535

Number of Holdings ^*

838

* may have additional holdings in another (foreign) market

Performance

Period	SPSM	EES
30 Days	6.50%	8.25%
60 Days	5.60%	7.72%
90 Days	6.02%	8.21%
12 Months	30.13%	30.64%

338 Overlapping Holdings

Symbol	Grade	Weight in SPSM	Weight in EES	Overlap
AAT	B	0.09%	0.1%	0.09%
ADUS	D	0.15%	0.11%	0.11%
AGYS	A	0.19%	0.09%	0.09%
AHCO	F	0.07%	0.13%	0.07%
AHH	D	0.05%	0.04%	0.04%
AIR	B	0.17%	0.12%	0.12%
AKR	B	0.19%	0.13%	0.13%
ALEX	B	0.1%	0.07%	0.07%
ALG	B	0.14%	0.16%	0.14%
ALGT	B	0.08%	0.24%	0.08%
AMBC	C	0.04%	0.16%	0.04%
AMSF	B	0.08%	0.05%	0.05%
AMWD	C	0.11%	0.2%	0.11%
ANDE	D	0.11%	0.07%	0.07%
ANIP	F	0.06%	0.11%	0.06%
APOG	C	0.13%	0.2%	0.13%
ARLO	C	0.08%	0.03%	0.03%
AROC	A	0.29%	0.16%	0.16%
ASIX	B	0.06%	0.13%	0.06%
ASTE	C	0.06%	0.07%	0.06%
ASTH	F	0.12%	0.07%	0.07%
ATEN	A	0.09%	0.09%	0.09%
ATGE	B	0.23%	0.32%	0.23%
AUB	B	0.27%	0.33%	0.27%
AVNS	F	0.06%	0.07%	0.06%
AX	B	0.31%	0.64%	0.31%
AZZ	A	0.18%	0.19%	0.18%
BANC	B	0.16%	0.12%	0.12%
BANR	B	0.18%	0.3%	0.18%
BDN	C	0.06%	0.24%	0.06%
BFH	C	0.2%	0.76%	0.2%
BFS	C	0.03%	0.05%	0.03%
BGC	C	0.29%	0.62%	0.29%
BGS	F	0.04%	0.06%	0.04%
BHE	C	0.12%	0.16%	0.12%
BHLB	B	0.09%	0.13%	0.09%
BJRI	C	0.06%	0.03%	0.03%
BKE	B	0.1%	0.31%	0.1%
BKU	A	0.22%	0.33%	0.22%
BLMN	F	0.07%	0.17%	0.07%
BOH	B	0.22%	0.24%	0.22%
BOOT	C	0.29%	0.33%	0.29%
BRC	D	0.22%	0.28%	0.22%
BRKL	B	0.08%	0.09%	0.08%
BSIG	A	0.06%	0.1%	0.06%
CAKE	C	0.16%	0.21%	0.16%
CAL	F	0.07%	0.16%	0.07%
CALM	A	0.27%	1.06%	0.27%
CARG	B	0.22%	0.25%	0.22%
CARS	C	0.08%	0.25%	0.08%
CASH	B	0.14%	0.25%	0.14%
CBRL	C	0.08%	0.09%	0.08%
CBU	B	0.25%	0.29%	0.25%
CCS	D	0.17%	0.33%	0.17%
CENTA	C	0.12%	0.16%	0.12%
CERT	F	0.08%	0.06%	0.06%
CEVA	B	0.05%	0.02%	0.02%
CFFN	C	0.06%	0.04%	0.04%
CHCO	B	0.13%	0.14%	0.13%
CHEF	A	0.1%	0.1%	0.1%
CLB	B	0.07%	0.05%	0.05%
CNK	C	0.24%	0.3%	0.24%
CNXN	C	0.06%	0.11%	0.06%
COHU	C	0.08%	0.09%	0.08%
COLL	F	0.07%	0.25%	0.07%
CPF	B	0.06%	0.09%	0.06%
CPK	A	0.21%	0.14%	0.14%
CPRX	C	0.17%	0.11%	0.11%
CRGY	B	0.15%	0.38%	0.15%
CRSR	C	0.02%	0.03%	0.02%
CSGS	B	0.11%	0.14%	0.11%
CTKB	C	0.05%	0.02%	0.02%
CTS	C	0.12%	0.12%	0.12%
CUBI	B	0.11%	0.23%	0.11%
CVBF	A	0.21%	0.29%	0.21%
CVCO	A	0.27%	0.35%	0.27%
CXM	C	0.07%	0.03%	0.03%
CXW	C	0.17%	0.12%	0.12%
DAN	D	0.07%	0.08%	0.07%
DCOM	B	0.09%	0.18%	0.09%
DEA	D	0.08%	0.04%	0.04%
DEI	B	0.21%	0.09%	0.09%
DFIN	D	0.11%	0.08%	0.08%
DGII	C	0.08%	0.12%	0.08%
DLX	B	0.07%	0.22%	0.07%
DNOW	B	0.11%	0.17%	0.11%
DORM	B	0.26%	0.26%	0.26%
DRH	B	0.13%	0.1%	0.1%
DVAX	C	0.1%	0.07%	0.07%
DXPE	C	0.06%	0.21%	0.06%
EAT	A	0.39%	0.59%	0.39%
EGBN	B	0.06%	0.13%	0.06%
EIG	B	0.09%	0.12%	0.09%
EMBC	C	0.06%	0.16%	0.06%
ENR	B	0.16%	0.28%	0.16%
ENV	B	0.23%	0.2%	0.2%
ENVA	B	0.19%	0.52%	0.19%
EPAC	C	0.18%	0.17%	0.17%
EPC	F	0.12%	0.16%	0.12%
ETD	C	0.05%	0.11%	0.05%
EVTC	B	0.16%	0.17%	0.16%
EXPI	D	0.08%	0.06%	0.06%
EXTR	C	0.14%	0.18%	0.14%
EYE	C	0.06%	0.04%	0.04%
EZPW	B	0.04%	0.09%	0.04%
FBK	C	0.14%	0.22%	0.14%
FBNC	B	0.13%	0.15%	0.13%
FCF	B	0.14%	0.19%	0.14%
FCPT	C	0.19%	0.13%	0.13%
FFBC	B	0.2%	0.37%	0.2%
FHB	B	0.24%	0.37%	0.24%
FULT	A	0.27%	0.43%	0.27%
FWRD	D	0.04%	0.08%	0.04%
GBX	A	0.14%	0.2%	0.14%
GDEN	B	0.05%	0.21%	0.05%
GDOT	D	0.04%	0.11%	0.04%
GEO	B	0.26%	0.38%	0.26%
GES	F	0.03%	0.18%	0.03%
GFF	A	0.22%	0.42%	0.22%
GIII	D	0.08%	0.13%	0.08%
GOGO	C	0.03%	0.13%	0.03%
GRBK	D	0.15%	0.42%	0.15%
GSHD	A	0.2%	0.09%	0.09%
GTY	A	0.11%	0.09%	0.09%
GVA	A	0.3%	0.13%	0.13%
HAFC	B	0.05%	0.12%	0.05%
HAIN	D	0.05%	0.03%	0.03%
HAYN	A	0.06%	0.07%	0.06%
HAYW	B	0.16%	0.15%	0.15%
HCI	C	0.07%	0.04%	0.04%
HCSG	C	0.06%	0.07%	0.06%
HFWA	C	0.06%	0.09%	0.06%
HIW	C	0.24%	0.24%	0.24%
HLIT	D	0.1%	0.07%	0.07%
HLX	B	0.1%	0.05%	0.05%
HMN	B	0.12%	0.05%	0.05%
HNI	B	0.18%	0.16%	0.16%
HOPE	C	0.12%	0.21%	0.12%
HRMY	D	0.09%	0.18%	0.09%
HSII	B	0.06%	0.12%	0.06%
HSTM	B	0.05%	0.03%	0.03%
HTH	C	0.1%	0.1%	0.1%
HTLD	C	0.04%	0.03%	0.03%
HUBG	A	0.22%	0.31%	0.22%
HWKN	B	0.17%	0.16%	0.16%
HZO	F	0.04%	0.12%	0.04%
IBTX	B	0.16%	0.25%	0.16%
ICUI	D	0.3%	0.36%	0.3%
IIIN	C	0.04%	0.04%	0.04%
IIPR	D	0.21%	0.23%	0.21%
INDB	B	0.22%	0.33%	0.22%
INVA	D	0.07%	0.09%	0.07%
JACK	C	0.06%	0.1%	0.06%
JBSS	F	0.05%	0.07%	0.05%
KALU	C	0.09%	0.05%	0.05%
KAR	B	0.15%	0.17%	0.15%
KELYA	F	0.03%	0.05%	0.03%
KMT	B	0.16%	0.18%	0.16%
KN	B	0.11%	0.11%	0.11%
KOP	C	0.06%	0.1%	0.06%
LGND	C	0.15%	0.21%	0.15%
LKFN	C	0.13%	0.1%	0.1%
LMAT	A	0.15%	0.08%	0.08%
LNN	B	0.1%	0.09%	0.09%
LQDT	B	0.04%	0.05%	0.04%
LTC	B	0.12%	0.11%	0.11%
LUMN	C	0.59%	2.09%	0.59%
LZB	B	0.13%	0.2%	0.13%
MATV	D	0.05%	0.09%	0.05%
MATW	C	0.05%	0.07%	0.05%
MCRI	A	0.08%	0.14%	0.08%
MCW	C	0.05%	0.13%	0.05%
MD	C	0.09%	0.21%	0.09%
MGPI	F	0.05%	0.07%	0.05%
MLAB	F	0.04%	0.06%	0.04%
MLKN	F	0.12%	0.14%	0.12%
MNRO	D	0.06%	0.05%	0.05%
MODG	F	0.08%	0.08%	0.08%
MRCY	C	0.14%	0.07%	0.07%
MRTN	D	0.07%	0.09%	0.07%
MSEX	C	0.08%	0.04%	0.04%
MTRN	C	0.17%	0.14%	0.14%
MTUS	C	0.04%	0.06%	0.04%
MTX	B	0.18%	0.22%	0.18%
MXL	C	0.08%	0.15%	0.08%
MYE	F	0.03%	0.04%	0.03%
MYRG	B	0.17%	0.12%	0.12%
NABL	F	0.05%	0.07%	0.05%
NAVI	F	0.08%	0.35%	0.08%
NBHC	C	0.13%	0.2%	0.13%
NBTB	B	0.16%	0.18%	0.16%
NGVT	B	0.12%	0.21%	0.12%
NHC	C	0.11%	0.06%	0.06%
NMIH	C	0.21%	0.45%	0.21%
NPK	B	0.03%	0.04%	0.03%
NTCT	C	0.11%	0.2%	0.11%
NVEE	F	0.08%	0.08%	0.08%
NWBI	B	0.13%	0.18%	0.13%
NWN	A	0.11%	0.13%	0.11%
NX	C	0.1%	0.09%	0.09%
NXRT	B	0.07%	0.15%	0.07%
ODP	F	0.06%	0.14%	0.06%
OFG	B	0.14%	0.23%	0.14%
OI	C	0.14%	0.5%	0.14%
OII	B	0.2%	0.11%	0.11%
OMCL	C	0.15%	0.14%	0.14%
OMI	F	0.06%	0.05%	0.05%
OSIS	A	0.17%	0.15%	0.15%
OXM	F	0.08%	0.17%	0.08%
PAHC	C	0.04%	0.11%	0.04%
PARR	F	0.07%	0.3%	0.07%
PATK	C	0.21%	0.27%	0.21%
PAYO	A	0.19%	0.12%	0.12%
PBI	B	0.08%	0.04%	0.04%
PCRX	C	0.05%	0.09%	0.05%
PDCO	F	0.12%	0.19%	0.12%
PDFS	C	0.07%	0.04%	0.04%
PFBC	B	0.08%	0.23%	0.08%
PFS	B	0.2%	0.32%	0.2%
PI	D	0.28%	0.15%	0.15%
PINC	B	0.17%	0.37%	0.17%
PJT	A	0.26%	0.14%	0.14%
PLAB	C	0.11%	0.17%	0.11%
PLAY	D	0.08%	0.15%	0.08%
PLMR	A	0.2%	0.13%	0.13%
PLUS	F	0.15%	0.2%	0.15%
POWL	C	0.19%	0.15%	0.15%
PPBI	C	0.19%	0.27%	0.19%
PRA	C	0.06%	0.03%	0.03%
PRDO	B	0.12%	0.25%	0.12%
PRG	C	0.14%	0.3%	0.14%
PRGS	A	0.2%	0.28%	0.2%
PRK	B	0.2%	0.21%	0.2%
PRLB	B	0.07%	0.05%	0.05%
PRVA	C	0.15%	0.08%	0.08%
PSMT	D	0.16%	0.16%	0.16%
PUMP	C	0.04%	0.12%	0.04%
PZZA	F	0.11%	0.07%	0.07%
QNST	B	0.08%	0.03%	0.03%
RAMP	B	0.13%	0.09%	0.09%
RDNT	B	0.37%	0.16%	0.16%
RES	D	0.03%	0.23%	0.03%
REX	D	0.05%	0.07%	0.05%
REZI	A	0.27%	0.3%	0.27%
RGR	F	0.05%	0.06%	0.05%
RNST	B	0.17%	0.2%	0.17%
ROCK	C	0.15%	0.15%	0.15%
ROG	D	0.12%	0.08%	0.08%
ROIC	A	0.16%	0.07%	0.07%
RXO	D	0.26%	0.1%	0.1%
SABR	C	0.1%	0.27%	0.1%
SAFT	B	0.09%	0.04%	0.04%
SAH	C	0.07%	0.4%	0.07%
SATS	D	0.2%	0.22%	0.2%
SBCF	B	0.18%	0.18%	0.18%
SBH	C	0.1%	0.31%	0.1%
SBSI	C	0.07%	0.11%	0.07%
SCHL	F	0.04%	0.05%	0.04%
SCL	C	0.11%	0.06%	0.06%
SCSC	C	0.08%	0.15%	0.08%
SCVL	F	0.04%	0.14%	0.04%
SDGR	C	0.07%	0.04%	0.04%
SFNC	C	0.22%	0.36%	0.22%
SHAK	C	0.33%	0.14%	0.14%
SHEN	F	0.04%	0.02%	0.02%
SHO	D	0.15%	0.1%	0.1%
SITM	B	0.27%	0.15%	0.15%
SJW	F	0.12%	0.09%	0.09%
SLP	D	0.03%	0.02%	0.02%
SLVM	B	0.21%	0.59%	0.21%
SMP	C	0.05%	0.08%	0.05%
SNCY	C	0.04%	0.09%	0.04%
SNDR	B	0.1%	0.47%	0.1%
SNEX	B	0.2%	0.34%	0.2%
SONO	C	0.11%	0.18%	0.11%
SPTN	D	0.04%	0.07%	0.04%
SSTK	F	0.05%	0.13%	0.05%
STAA	F	0.09%	0.06%	0.06%
STBA	B	0.11%	0.21%	0.11%
STC	B	0.14%	0.06%	0.06%
STEP	C	0.29%	0.15%	0.15%
STRA	C	0.17%	0.09%	0.09%
SUPN	C	0.14%	0.06%	0.06%
SWI	C	0.05%	0.18%	0.05%
SXC	A	0.07%	0.09%	0.07%
SXI	B	0.17%	0.14%	0.14%
SXT	C	0.23%	0.19%	0.19%
TALO	C	0.1%	0.05%	0.05%
TBBK	B	0.19%	0.27%	0.19%
TFIN	B	0.15%	0.07%	0.07%
TGI	B	0.1%	0.06%	0.06%
THRM	F	0.09%	0.08%	0.08%
THS	D	0.11%	0.14%	0.11%
TILE	B	0.1%	0.15%	0.1%
TMP	B	0.07%	0.04%	0.04%
TNC	D	0.12%	0.13%	0.12%
TR	B	0.04%	0.1%	0.04%
TRIP	F	0.11%	0.14%	0.11%
TRMK	C	0.16%	0.26%	0.16%
TRN	B	0.22%	0.15%	0.15%
TRST	B	0.05%	0.08%	0.05%
TTGT	B	0.05%	0.07%	0.05%
TTMI	C	0.17%	0.26%	0.17%
TWI	F	0.02%	0.06%	0.02%
UCTT	D	0.11%	0.09%	0.09%
UE	B	0.2%	0.08%	0.08%
UFPT	C	0.14%	0.09%	0.09%
UHT	D	0.04%	0.03%	0.03%
UPBD	B	0.11%	0.24%	0.11%
USNA	C	0.03%	0.07%	0.03%
USPH	B	0.1%	0.05%	0.05%
UTL	B	0.07%	0.07%	0.07%
UVV	B	0.1%	0.13%	0.1%
VBTX	B	0.11%	0.2%	0.11%
VECO	F	0.11%	0.11%	0.11%
VIAV	C	0.15%	0.13%	0.13%
VICR	C	0.09%	0.09%	0.09%
VIRT	A	0.21%	0.36%	0.21%
VRTS	B	0.11%	0.18%	0.11%
VSCO	C	0.2%	0.28%	0.2%
VSTO	A	0.18%	0.47%	0.18%
VTLE	C	0.06%	0.24%	0.06%
VYX	B	0.14%	0.34%	0.14%
WABC	B	0.11%	0.17%	0.11%
WAFD	B	0.21%	0.32%	0.21%
WERN	C	0.17%	0.18%	0.17%
WGO	C	0.12%	0.28%	0.12%
WKC	C	0.12%	0.19%	0.12%
WNC	C	0.06%	0.2%	0.06%
WRLD	C	0.03%	0.03%	0.03%
WSFS	B	0.24%	0.44%	0.24%
WSR	A	0.05%	0.06%	0.05%
WWW	A	0.12%	0.07%	0.07%
XHR	B	0.11%	0.07%	0.07%
XNCR	B	0.1%	0.05%	0.05%
XPEL	B	0.07%	0.06%	0.06%
XRX	F	0.07%	0.24%	0.07%
YOU	D	0.17%	0.08%	0.08%

SPSM Overweight 248 Positions Relative to EES

Symbol	Grade	Weight
MLI	B	0.73%
CRS	B	0.64%
CMA	B	0.64%
GKOS	B	0.54%
JXN	C	0.54%
RHI	C	0.53%
BBWI	C	0.5%
ATI	C	0.5%
AWI	A	0.48%
CSWI	B	0.48%
SPSC	D	0.47%
ALK	B	0.47%
MTH	D	0.46%
VFC	C	0.46%
BMI	B	0.45%
MOG.A	B	0.45%
COOP	B	0.45%
MMSI	A	0.43%
EPRT	B	0.42%
LNC	C	0.42%
DY	D	0.41%
ACIW	B	0.41%
BCPC	B	0.41%
ETSY	D	0.41%
ZWS	B	0.4%
BCC	B	0.39%
AVAV	C	0.39%
FSS	B	0.39%
MARA	B	0.38%
PIPR	A	0.38%
MGY	A	0.37%
MC	C	0.37%
ITRI	C	0.37%
MATX	C	0.37%
INSP	D	0.37%
GPI	B	0.37%
AL	B	0.36%
ACA	A	0.36%
CTRE	C	0.36%
SEE	C	0.36%
SM	B	0.36%
ABG	C	0.36%
RDN	D	0.36%
CORT	B	0.35%
BOX	B	0.35%
SLG	B	0.35%
GTES	A	0.34%
IBP	D	0.34%
PECO	A	0.34%
IDCC	B	0.33%
SFBS	C	0.33%
ABCB	B	0.32%
KRYS	C	0.32%
ITGR	B	0.32%
ALKS	C	0.32%
KTB	B	0.32%
AGO	B	0.32%
ADMA	B	0.32%
LRN	A	0.31%
WHD	B	0.31%
SKYW	C	0.31%
FTDR	B	0.3%
FELE	B	0.3%
MAC	B	0.3%
NSIT	F	0.3%
SANM	B	0.3%
SIG	B	0.3%
MHO	D	0.3%
PLXS	B	0.3%
PBH	A	0.29%
FUL	F	0.29%
NOG	B	0.29%
AEIS	C	0.29%
TPH	D	0.28%
OGN	F	0.28%
GMS	B	0.28%
SKT	A	0.28%
TGTX	B	0.28%
UCB	A	0.28%
KFY	B	0.28%
CRC	A	0.28%
HIMS	B	0.28%
VRRM	F	0.27%
RUSHA	C	0.27%
ESE	B	0.27%
JBT	B	0.27%
WDFC	B	0.27%
MGEE	B	0.27%
MDU	D	0.27%
SEM	B	0.27%
MSGS	A	0.26%
NWL	C	0.26%
CATY	B	0.26%
APLE	B	0.25%
HCC	B	0.25%
DXC	B	0.25%
NPO	A	0.25%
HP	C	0.24%
BTU	B	0.24%
IAC	F	0.24%
OTTR	C	0.24%
ASO	F	0.24%
CCOI	B	0.24%
FBP	C	0.24%
CEIX	A	0.24%
WD	D	0.24%
SMTC	B	0.24%
SMPL	B	0.24%
ABM	B	0.24%
AWR	B	0.23%
HASI	D	0.23%
GNW	A	0.23%
AEO	F	0.23%
CWK	C	0.23%
CRVL	B	0.23%
APAM	B	0.23%
AVA	A	0.22%
TDS	B	0.22%
SHOO	F	0.22%
BXMT	C	0.22%
HBI	B	0.21%
IOSP	C	0.21%
LCII	C	0.21%
FORM	D	0.21%
TGNA	B	0.21%
ALRM	C	0.21%
LBRT	D	0.21%
UNF	B	0.21%
PTEN	C	0.21%
BL	B	0.21%
CWT	C	0.21%
ARCH	B	0.21%
PENN	C	0.21%
ABR	C	0.2%
AMR	C	0.19%
CNS	B	0.19%
TMDX	F	0.19%
DV	C	0.19%
LXP	D	0.19%
TDW	F	0.18%
DIOD	D	0.18%
ZD	B	0.18%
OUT	A	0.18%
KLIC	B	0.18%
MPW	F	0.18%
AIN	C	0.18%
ARCB	C	0.18%
JJSF	C	0.18%
NARI	C	0.18%
VCEL	B	0.18%
ACLS	F	0.17%
PTGX	D	0.17%
AAP	D	0.17%
YELP	C	0.17%
BANF	B	0.17%
URBN	C	0.16%
RUN	F	0.16%
IPAR	B	0.16%
MP	C	0.16%
HI	C	0.16%
CWEN	C	0.16%
DOCN	C	0.16%
KWR	C	0.16%
PHIN	A	0.16%
LGIH	F	0.15%
NATL	B	0.15%
B	A	0.15%
CNMD	C	0.15%
JOE	F	0.14%
JBLU	F	0.14%
NEO	C	0.14%
KSS	F	0.14%
MCY	A	0.14%
CABO	B	0.13%
FL	F	0.13%
TNDM	D	0.13%
AMPH	F	0.12%
TRUP	B	0.12%
FTRE	D	0.12%
CALX	D	0.12%
ADNT	F	0.12%
GO	C	0.12%
PEB	D	0.11%
HELE	C	0.11%
IART	C	0.11%
WS	C	0.11%
VSTS	C	0.11%
LEG	F	0.11%
FOXF	F	0.1%
WT	A	0.1%
MYGN	F	0.1%
UNIT	B	0.1%
ELME	D	0.1%
GNL	F	0.1%
SPNT	B	0.1%
VRE	B	0.1%
RC	D	0.09%
WOR	F	0.09%
CRK	B	0.09%
KW	C	0.09%
JBGS	F	0.09%
UNFI	A	0.09%
EFC	C	0.08%
PGNY	F	0.08%
FIZZ	C	0.08%
CSR	B	0.08%
KLG	B	0.08%
FDP	B	0.08%
PMT	C	0.08%
CENX	B	0.08%
ECPG	C	0.08%
ARI	C	0.08%
VVI	C	0.07%
RWT	D	0.07%
LPG	F	0.07%
MMI	C	0.07%
AORT	B	0.07%
AMN	F	0.07%
ICHR	C	0.07%
FBRT	D	0.07%
RCUS	F	0.06%
WOLF	F	0.06%
CWEN	C	0.06%
PRAA	D	0.06%
VTOL	B	0.06%
VIR	D	0.05%
NBR	C	0.05%
CVI	F	0.05%
INN	D	0.05%
KREF	C	0.05%
GPRE	F	0.05%
AOSL	C	0.05%
AXL	C	0.05%
BLFS	C	0.05%
HTZ	C	0.04%
NVRI	D	0.04%
LESL	D	0.04%
IRWD	F	0.04%
UFCS	A	0.04%
VSAT	F	0.04%
SEDG	F	0.04%
CENT	C	0.03%
CNSL	C	0.03%
SVC	F	0.03%
THRY	D	0.03%
RGNX	D	0.03%
HPP	F	0.03%
FLGT	F	0.02%

SPSM Underweight 500 Positions Relative to EES

Symbol	Grade	Weight
TPG	A	-0.98%
VCTR	B	-0.61%
JWN	D	-0.51%
LEVI	F	-0.47%
PRIM	A	-0.46%
NMRK	C	-0.4%
GPOR	B	-0.4%
HTLF	B	-0.4%
STRL	A	-0.39%
RNG	C	-0.37%
EBC	B	-0.37%
MSGE	F	-0.37%
FA	C	-0.34%
FRME	B	-0.34%
IESC	C	-0.32%
EFSC	B	-0.3%
USLM	A	-0.27%
DK	C	-0.27%
MBIN	F	-0.26%
GHC	B	-0.26%
DFH	D	-0.25%
AMRX	C	-0.25%
HEES	C	-0.25%
WLFC	B	-0.25%
MGRC	B	-0.24%
ULH	C	-0.24%
COMM	D	-0.24%
ATSG	B	-0.23%
TOWN	B	-0.22%
BZH	C	-0.22%
NNI	D	-0.21%
HOV	D	-0.21%
SASR	B	-0.21%
WSBC	B	-0.21%
HE	C	-0.2%
IMKTA	C	-0.2%
HPK	B	-0.19%
AGM	B	-0.19%
AMRK	F	-0.18%
VRNT	C	-0.18%
MBUU	B	-0.18%
QCRH	B	-0.18%
CRI	F	-0.18%
FOR	F	-0.18%
MWA	B	-0.18%
MRC	B	-0.17%
SYBT	B	-0.17%
EVRI	A	-0.17%
BXC	B	-0.17%
PTVE	B	-0.17%
QTWO	A	-0.17%
NHI	D	-0.17%
STGW	A	-0.17%
LAUR	A	-0.17%
REPX	A	-0.17%
GRNT	B	-0.17%
MGNI	B	-0.16%
TCBK	C	-0.16%
SRCE	B	-0.16%
TH	C	-0.16%
REVG	C	-0.15%
EVCM	B	-0.15%
WTTR	A	-0.15%
PEBO	B	-0.15%
WMK	C	-0.15%
BY	B	-0.15%
OCFC	B	-0.15%
GCI	D	-0.14%
ARHS	F	-0.14%
HY	D	-0.14%
AMAL	B	-0.14%
AGX	B	-0.14%
UIS	B	-0.14%
BUSE	B	-0.14%
PFC	B	-0.14%
NIC	B	-0.13%
BOWL	C	-0.13%
CYH	F	-0.13%
RBCAA	B	-0.13%
MIR	A	-0.13%
ACCO	C	-0.13%
BV	C	-0.13%
AESI	B	-0.13%
HURN	C	-0.13%
BELFB	C	-0.13%
ROAD	B	-0.13%
HLIO	B	-0.13%
CCSI	C	-0.12%
FBMS	B	-0.12%
ESRT	C	-0.12%
SCS	C	-0.12%
PX	A	-0.12%
SD	D	-0.12%
GABC	B	-0.12%
ACMR	D	-0.12%
ATLC	A	-0.11%
JELD	F	-0.11%
OSBC	A	-0.11%
MLR	C	-0.11%
ALX	D	-0.11%
VSEC	C	-0.11%
VERX	A	-0.11%
UVSP	B	-0.11%
INFN	D	-0.11%
HNRG	B	-0.11%
OLPX	D	-0.11%
ACEL	C	-0.11%
CHWY	B	-0.11%
LXU	B	-0.11%
MCB	B	-0.11%
GCMG	B	-0.11%
CNOB	B	-0.11%
CWAN	B	-0.11%
ECVT	C	-0.1%
SPB	C	-0.1%
EQC	B	-0.1%
PDM	D	-0.1%
KNTK	A	-0.1%
OBK	C	-0.1%
BBW	C	-0.1%
MBWM	B	-0.1%
TRS	B	-0.1%
HBNC	B	-0.1%
ANET	C	-0.1%
NAPA	A	-0.1%
JBI	F	-0.1%
CTBI	B	-0.1%
KODK	B	-0.1%
CMCO	C	-0.1%
RVLV	A	-0.1%
IDT	B	-0.1%
USM	B	-0.1%
CFB	B	-0.09%
GSBC	C	-0.09%
LC	A	-0.09%
SKWD	A	-0.09%
GDRX	F	-0.09%
ADV	D	-0.09%
BBSI	B	-0.09%
REI	D	-0.09%
KTOS	B	-0.09%
DIN	C	-0.09%
TRDA	C	-0.09%
RYI	C	-0.09%
CRAI	C	-0.09%
MCFT	C	-0.09%
PLPC	B	-0.09%
LEGH	D	-0.09%
CWH	B	-0.09%
HTBK	B	-0.08%
NBN	C	-0.08%
HCKT	B	-0.08%
IBCP	B	-0.08%
BHRB	B	-0.08%
BRY	F	-0.08%
EE	A	-0.08%
SPFI	C	-0.08%
AMCX	C	-0.08%
FMBH	B	-0.08%
ARRY	F	-0.08%
HBT	B	-0.08%
ARCT	F	-0.08%
RMR	F	-0.08%
LEU	C	-0.08%
MSBI	B	-0.08%
SHYF	C	-0.07%
MCBS	B	-0.07%
IMMR	C	-0.07%
RPAY	D	-0.07%
UPWK	B	-0.07%
NWPX	A	-0.07%
RBBN	C	-0.07%
NGVC	A	-0.07%
BFST	C	-0.07%
SENEA	A	-0.07%
CLW	F	-0.07%
PGC	B	-0.07%
DAKT	C	-0.07%
CTOS	B	-0.07%
EGY	D	-0.07%
TASK	C	-0.07%
LOB	C	-0.07%
TITN	C	-0.07%
UVE	B	-0.07%
KFRC	D	-0.07%
UTZ	D	-0.07%
PNTG	D	-0.07%
DBI	F	-0.07%
CSV	B	-0.07%
VLGEA	C	-0.07%
THR	B	-0.07%
AMPY	C	-0.07%
HVT	D	-0.06%
IMXI	B	-0.06%
CCBG	B	-0.06%
CCNE	C	-0.06%
MPX	C	-0.06%
EBF	F	-0.06%
JAMF	F	-0.06%
ZIP	D	-0.06%
DNUT	F	-0.06%
FISI	B	-0.06%
WEYS	C	-0.06%
KE	C	-0.06%
EGHT	B	-0.06%
ONEW	F	-0.06%
CLBK	C	-0.06%
VITL	D	-0.06%
RNGR	A	-0.06%
PKOH	C	-0.06%
PD	C	-0.06%
TPB	B	-0.06%
CCRN	F	-0.06%
LMB	B	-0.06%
THFF	B	-0.06%
HTBI	B	-0.06%
NSSC	D	-0.06%
LYTS	B	-0.06%
KRT	B	-0.06%
EQBK	B	-0.06%
AMTB	B	-0.06%
MTW	C	-0.06%
GIC	D	-0.06%
ETWO	F	-0.06%
CCB	A	-0.06%
WRBY	A	-0.06%
ARKO	C	-0.05%
CRCT	F	-0.05%
CDRE	F	-0.05%
UWMC	D	-0.05%
MITK	C	-0.05%
CECO	B	-0.05%
JAKK	C	-0.05%
GTN	F	-0.05%
MLNK	C	-0.05%
CLFD	F	-0.05%
VYGR	F	-0.05%
RICK	B	-0.05%
WINA	C	-0.05%
ODC	B	-0.05%
VZIO	A	-0.05%
BH	B	-0.05%
GNE	F	-0.05%
LOCO	D	-0.05%
NECB	C	-0.05%
RBB	B	-0.05%
MPB	B	-0.05%
FCBC	C	-0.05%
JILL	C	-0.05%
LSEA	D	-0.05%
MRVI	F	-0.05%
WASH	C	-0.05%
GRC	A	-0.05%
WLDN	C	-0.05%
SWBI	C	-0.05%
FSBC	C	-0.05%
SPOK	B	-0.05%
MOV	D	-0.05%
BFC	B	-0.05%
MYPS	C	-0.05%
METC	C	-0.05%
DSGR	C	-0.05%
WTBA	B	-0.05%
GDYN	B	-0.05%
RLJ	C	-0.05%
VREX	B	-0.05%
CAC	C	-0.05%
BWB	B	-0.04%
ERII	D	-0.04%
AIRS	C	-0.04%
FWRG	C	-0.04%
NATH	C	-0.04%
VMEO	B	-0.04%
LINC	C	-0.04%
PLOW	D	-0.04%
EBTC	C	-0.04%
NFBK	C	-0.04%
OLO	A	-0.04%
TTI	B	-0.04%
OABI	F	-0.04%
LOVE	A	-0.04%
DCO	C	-0.04%
SWIM	C	-0.04%
CARE	C	-0.04%
ZEUS	C	-0.04%
HBCP	C	-0.04%
IIIV	C	-0.04%
NR	B	-0.04%
ORRF	B	-0.04%
SHLS	F	-0.04%
DXLG	D	-0.04%
ITOS	F	-0.04%
ZUO	B	-0.04%
RGP	F	-0.04%
YEXT	B	-0.04%
SMBC	B	-0.04%
GCO	C	-0.04%
SMBK	B	-0.04%
MED	D	-0.04%
ARVN	F	-0.04%
OLP	B	-0.04%
BAND	B	-0.04%
ORGO	B	-0.04%
FMNB	B	-0.04%
CIVB	B	-0.04%
BHB	C	-0.04%
TCMD	B	-0.04%
OPY	B	-0.04%
PAY	A	-0.03%
PFIS	A	-0.03%
OFIX	C	-0.03%
UTI	B	-0.03%
PCB	B	-0.03%
NC	B	-0.03%
TCBX	B	-0.03%
MGNX	F	-0.03%
NGS	B	-0.03%
INDI	C	-0.03%
MOFG	B	-0.03%
ASUR	C	-0.03%
NUS	D	-0.03%
VNDA	C	-0.03%
FFIC	B	-0.03%
EWCZ	F	-0.03%
FIGS	F	-0.03%
LGTY	C	-0.03%
DH	F	-0.03%
OOMA	B	-0.03%
ALRS	D	-0.03%
BBCP	D	-0.03%
RLGT	B	-0.03%
FPI	B	-0.03%
CURV	D	-0.03%
CMT	C	-0.03%
MEC	F	-0.03%
VPG	F	-0.03%
NTST	C	-0.03%
PRO	C	-0.03%
ENFN	B	-0.03%
CDMO	A	-0.03%
ACNB	B	-0.03%
DHIL	B	-0.03%
RMNI	C	-0.03%
HDSN	F	-0.03%
FBIZ	B	-0.03%
DENN	D	-0.03%
FSBW	C	-0.03%
KRUS	B	-0.03%
ACDC	B	-0.03%
MCS	B	-0.03%
YORW	F	-0.03%
FORR	C	-0.03%
NVEC	B	-0.03%
AXGN	C	-0.03%
DJCO	B	-0.03%
TRNS	D	-0.03%
OSUR	F	-0.03%
TZOO	A	-0.03%
FF	F	-0.03%
BSRR	B	-0.03%
QUAD	C	-0.03%
EPM	A	-0.03%
JOUT	F	-0.03%
IRMD	C	-0.03%
IPI	C	-0.03%
ESQ	B	-0.03%
SMLR	B	-0.03%
ZIMV	D	-0.03%
SHBI	B	-0.02%
OIS	B	-0.02%
DCGO	B	-0.02%
DGICA	A	-0.02%
CMP	C	-0.02%
CZFS	B	-0.02%
III	C	-0.02%
PCYO	A	-0.02%
CFFI	A	-0.02%
SIGA	F	-0.02%
RM	C	-0.02%
MPAA	B	-0.02%
SRDX	B	-0.02%
TRC	F	-0.02%
PINE	C	-0.02%
SMTI	B	-0.02%
NRC	F	-0.02%
PBPB	C	-0.02%
HCAT	D	-0.02%
AGS	A	-0.02%
KIDS	D	-0.02%
RCKY	F	-0.02%
CCRD	B	-0.02%
ARTNA	F	-0.02%
HRTG	C	-0.02%
FMAO	B	-0.02%
EEX	C	-0.02%
AOUT	B	-0.02%
ALTG	C	-0.02%
XPOF	C	-0.02%
PUBM	C	-0.02%
CASS	C	-0.02%
BCML	B	-0.02%
PKBK	A	-0.02%
FRPH	B	-0.02%
MNTK	F	-0.02%
PTLO	F	-0.02%
ITIC	A	-0.02%
ATEX	F	-0.02%
CTLP	B	-0.02%
MG	D	-0.02%
FNLC	C	-0.02%
GNTY	A	-0.02%
NATR	C	-0.02%
PKE	B	-0.02%
OFLX	D	-0.02%
ASRT	D	-0.02%
UTMD	F	-0.02%
FLWS	D	-0.02%
VRA	C	-0.02%
KRNY	C	-0.02%
RGCO	B	-0.02%
FLIC	B	-0.02%
MEI	F	-0.02%
UPLD	B	-0.02%
BMRC	B	-0.02%
IBUY	B	-0.02%
CHGG	C	-0.02%
NRIM	A	-0.02%
RCMT	C	-0.02%
OVLY	B	-0.02%
KLXE	C	-0.02%
ZYXI	D	-0.02%
AROW	B	-0.02%
LPRO	B	-0.02%
HONE	C	-0.02%
BCBP	B	-0.02%
ARC	A	-0.02%
BOOM	F	-0.02%
RDUS	B	-0.02%
AVNW	F	-0.02%
RELL	B	-0.02%
RRBI	A	-0.02%
CBNK	B	-0.02%
OBT	C	-0.02%
FC	F	-0.02%
SAMG	B	-0.01%
CRNC	C	-0.01%
PVBC	B	-0.01%
HBIO	F	-0.01%
MBCN	C	-0.01%
EVC	C	-0.01%
PBYI	C	-0.01%
DHX	D	-0.01%
EGAN	C	-0.01%
INFU	B	-0.01%
LTRX	F	-0.01%
SSTI	C	-0.01%
NKSH	C	-0.01%
MVBF	C	-0.01%
WSBF	C	-0.01%
FRBA	D	-0.01%
SFST	B	-0.01%
LCNB	B	-0.01%
NWFL	C	-0.01%
STKS	F	-0.01%
POWW	F	-0.01%
FDBC	C	-0.01%
ASLE	C	-0.01%
EVI	F	-0.01%
MRAM	D	-0.01%
INTT	C	-0.01%
WTI	F	-0.01%
PSTL	D	-0.01%
INBK	B	-0.01%
CZNC	C	-0.01%
TUSK	F	-0.01%
AEHR	F	-0.01%
BWMN	C	-0.01%
JYNT	C	-0.01%
CRMT	D	-0.01%
CVGW	D	-0.01%
BTMD	B	-0.01%
CLDT	B	-0.01%
TSBK	A	-0.01%
CVGI	F	-0.01%
UEIC	B	-0.01%
NEWT	C	-0.01%
FRST	B	-0.01%
CBAN	B	-0.01%
TBI	F	-0.01%
CHCT	C	-0.01%
ESCA	B	-0.01%
LPSN	F	-0.0%
HGBL	F	-0.0%
BGFV	F	-0.0%
EZM	A	-0.0%
SPWH	F	-0.0%
LUNA	F	-0.0%
KFS	B	-0.0%
ATLO	C	-0.0%
OPRX	F	-0.0%