SPSM vs. VIOV ETF Comparison

Comparison of SPDR Portfolio Small Cap ETF (SPSM) to Vanguard S&P Small-Cap 600 Value ETF (VIOV)

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

$48.66

Average Daily Volume

1,581,869

Number of Holdings ^*

586

* may have additional holdings in another (foreign) market

VIOV

Vanguard S&P Small-Cap 600 Value ETF

VIOV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of small-capitalization value stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the S&P SmallCap 600® Value Index, which represents the value companies of the S&P SmallCap 600 Index. The index measures the performance of small-capitalization value stocks. 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

$99.36

Average Daily Volume

50,568

Number of Holdings ^*

450

* may have additional holdings in another (foreign) market

Performance

Period	SPSM	VIOV
30 Days	6.50%	6.59%
60 Days	5.60%	6.01%
90 Days	6.02%	6.63%
12 Months	30.13%	26.99%

450 Overlapping Holdings

	Symbol	Grade	Weight in SPSM	Weight in VIOV	Overlap
	AAP	D	0.17%	0.31%	0.17%
	AAT	B	0.09%	0.19%	0.09%
	ABCB	B	0.32%	0.58%	0.32%
	ABG	C	0.36%	0.34%	0.34%
	ABM	B	0.24%	0.49%	0.24%
	ABR	C	0.2%	0.41%	0.2%
	ACA	A	0.36%	0.27%	0.27%
	ACIW	B	0.41%	0.28%	0.28%
	ADNT	F	0.12%	0.25%	0.12%
	ADUS	D	0.15%	0.19%	0.15%
	AEIS	C	0.29%	0.23%	0.23%
	AGO	B	0.32%	0.24%	0.24%
	AHCO	F	0.07%	0.16%	0.07%
	AHH	D	0.05%	0.06%	0.05%
	AIN	C	0.18%	0.16%	0.16%
	AIR	B	0.17%	0.08%	0.08%
	AKR	B	0.19%	0.38%	0.19%
	AL	B	0.36%	0.53%	0.36%
	ALEX	B	0.1%	0.2%	0.1%
	ALGT	B	0.08%	0.14%	0.08%
	ALK	B	0.47%	0.88%	0.47%
	ALKS	C	0.32%	0.22%	0.22%
	AMN	F	0.07%	0.1%	0.07%
	AMSF	B	0.08%	0.09%	0.08%
	AMWD	C	0.11%	0.09%	0.09%
	ANDE	D	0.11%	0.1%	0.1%
	AORT	B	0.07%	0.07%	0.07%
	AOSL	C	0.05%	0.11%	0.05%
	APAM	B	0.23%	0.2%	0.2%
	APOG	C	0.13%	0.13%	0.13%
	ARCH	B	0.21%	0.12%	0.12%
	ARI	C	0.08%	0.06%	0.06%
	ASIX	B	0.06%	0.11%	0.06%
	ASO	F	0.24%	0.53%	0.24%
	ASTE	C	0.06%	0.11%	0.06%
	ATEN	A	0.09%	0.08%	0.08%
	AUB	B	0.27%	0.49%	0.27%
	AVA	A	0.22%	0.43%	0.22%
	AVNS	F	0.06%	0.12%	0.06%
	AWR	B	0.23%	0.21%	0.21%
	AX	B	0.31%	0.2%	0.2%
	AXL	C	0.05%	0.1%	0.05%
	B	A	0.15%	0.31%	0.15%
	BANC	B	0.16%	0.31%	0.16%
	BANF	B	0.17%	0.12%	0.12%
	BANR	B	0.18%	0.32%	0.18%
	BBWI	C	0.5%	0.92%	0.5%
	BCPC	B	0.41%	0.35%	0.35%
	BDN	C	0.06%	0.13%	0.06%
	BFH	C	0.2%	0.36%	0.2%
	BFS	C	0.03%	0.03%	0.03%
	BGC	C	0.29%	0.22%	0.22%
	BGS	F	0.04%	0.1%	0.04%
	BHE	C	0.12%	0.23%	0.12%
	BHLB	B	0.09%	0.09%	0.09%
	BJRI	C	0.06%	0.13%	0.06%
	BKE	B	0.1%	0.07%	0.07%
	BKU	A	0.22%	0.39%	0.22%
	BL	B	0.21%	0.14%	0.14%
	BLFS	C	0.05%	0.05%	0.05%
	BLMN	F	0.07%	0.09%	0.07%
	BOH	B	0.22%	0.25%	0.22%
	BOX	B	0.35%	0.26%	0.26%
	BRC	D	0.22%	0.16%	0.16%
	BRKL	B	0.08%	0.15%	0.08%
	BSIG	A	0.06%	0.04%	0.04%
	BTU	B	0.24%	0.27%	0.24%
	BXMT	C	0.22%	0.46%	0.22%
	CABO	B	0.13%	0.23%	0.13%
	CAKE	C	0.16%	0.17%	0.16%
	CAL	F	0.07%	0.15%	0.07%
	CALX	D	0.12%	0.15%	0.12%
	CATY	B	0.26%	0.26%	0.26%
	CBRL	C	0.08%	0.15%	0.08%
	CBU	B	0.25%	0.47%	0.25%
	CCS	D	0.17%	0.17%	0.17%
	CENT	C	0.03%	0.05%	0.03%
	CENTA	C	0.12%	0.22%	0.12%
	CENX	B	0.08%	0.13%	0.08%
	CERT	F	0.08%	0.07%	0.07%
	CEVA	B	0.05%	0.05%	0.05%
	CFFN	C	0.06%	0.12%	0.06%
	CHCO	B	0.13%	0.1%	0.1%
	CHEF	A	0.1%	0.2%	0.1%
	CLB	B	0.07%	0.07%	0.07%
	CMA	B	0.64%	1.23%	0.64%
	CNS	B	0.19%	0.2%	0.19%
	CNSL	C	0.03%	0.05%	0.03%
	CNXN	C	0.06%	0.11%	0.06%
	COHU	C	0.08%	0.1%	0.08%
	COOP	B	0.45%	0.83%	0.45%
	CORT	B	0.35%	0.23%	0.23%
	CPF	B	0.06%	0.11%	0.06%
	CPK	A	0.21%	0.22%	0.21%
	CRGY	B	0.15%	0.28%	0.15%
	CRK	B	0.09%	0.08%	0.08%
	CRSR	C	0.02%	0.04%	0.02%
	CSGS	B	0.11%	0.1%	0.1%
	CSR	B	0.08%	0.16%	0.08%
	CTKB	C	0.05%	0.08%	0.05%
	CTRE	C	0.36%	0.29%	0.29%
	CTS	C	0.12%	0.1%	0.1%
	CVBF	A	0.21%	0.37%	0.21%
	CVI	F	0.05%	0.04%	0.04%
	CWEN	C	0.16%	0.39%	0.16%
	CWEN	C	0.06%	0.39%	0.06%
	CWEN	C	0.06%	0.08%	0.06%
	CWEN	C	0.16%	0.08%	0.08%
	CWK	C	0.23%	0.45%	0.23%
	CWT	C	0.21%	0.27%	0.21%
	CXM	C	0.07%	0.13%	0.07%
	CXW	C	0.17%	0.22%	0.17%
	DAN	D	0.07%	0.14%	0.07%
	DCOM	B	0.09%	0.15%	0.09%
	DEA	D	0.08%	0.19%	0.08%
	DEI	B	0.21%	0.43%	0.21%
	DGII	C	0.08%	0.15%	0.08%
	DIOD	D	0.18%	0.15%	0.15%
	DLX	B	0.07%	0.12%	0.07%
	DNOW	B	0.11%	0.18%	0.11%
	DOCN	C	0.16%	0.16%	0.16%
	DORM	B	0.26%	0.14%	0.14%
	DXC	B	0.25%	0.52%	0.25%
	DXPE	C	0.06%	0.09%	0.06%
	DY	D	0.41%	0.74%	0.41%
	EAT	A	0.39%	0.39%	0.39%
	ECPG	C	0.08%	0.16%	0.08%
	EGBN	B	0.06%	0.12%	0.06%
	EIG	B	0.09%	0.18%	0.09%
	ELME	D	0.1%	0.22%	0.1%
	EMBC	C	0.06%	0.12%	0.06%
	ENR	B	0.16%	0.16%	0.16%
	ENV	B	0.23%	0.27%	0.23%
	ENVA	B	0.19%	0.33%	0.19%
	EPAC	C	0.18%	0.12%	0.12%
	EPC	F	0.12%	0.25%	0.12%
	EPRT	B	0.42%	0.39%	0.39%
	ETD	C	0.05%	0.05%	0.05%
	ETSY	D	0.41%	0.48%	0.41%
	EXTR	C	0.14%	0.11%	0.11%
	EYE	C	0.06%	0.12%	0.06%
	EZPW	B	0.04%	0.09%	0.04%
	FBK	C	0.14%	0.25%	0.14%
	FBNC	B	0.13%	0.25%	0.13%
	FBRT	D	0.07%	0.15%	0.07%
	FCF	B	0.14%	0.13%	0.13%
	FCPT	C	0.19%	0.21%	0.19%
	FDP	B	0.08%	0.16%	0.08%
	FFBC	B	0.2%	0.36%	0.2%
	FHB	B	0.24%	0.46%	0.24%
	FIZZ	C	0.08%	0.07%	0.07%
	FL	F	0.13%	0.28%	0.13%
	FLGT	F	0.02%	0.06%	0.02%
	FOXF	F	0.1%	0.14%	0.1%
	FTRE	D	0.12%	0.22%	0.12%
	FUL	F	0.29%	0.3%	0.29%
	FULT	A	0.27%	0.48%	0.27%
	FWRD	D	0.04%	0.1%	0.04%
	GBX	A	0.14%	0.27%	0.14%
	GDEN	B	0.05%	0.04%	0.04%
	GDOT	D	0.04%	0.09%	0.04%
	GEO	B	0.26%	0.3%	0.26%
	GFF	A	0.22%	0.12%	0.12%
	GIII	D	0.08%	0.17%	0.08%
	GNL	F	0.1%	0.22%	0.1%
	GNW	A	0.23%	0.42%	0.23%
	GO	C	0.12%	0.2%	0.12%
	GOGO	C	0.03%	0.03%	0.03%
	GPRE	F	0.05%	0.11%	0.05%
	GTES	A	0.34%	0.42%	0.34%
	GTY	A	0.11%	0.13%	0.11%
	GVA	A	0.3%	0.26%	0.26%
	HAFC	B	0.05%	0.1%	0.05%
	HAIN	D	0.05%	0.11%	0.05%
	HASI	D	0.23%	0.59%	0.23%
	HAYN	A	0.06%	0.05%	0.05%
	HAYW	B	0.16%	0.34%	0.16%
	HBI	B	0.21%	0.36%	0.21%
	HCSG	C	0.06%	0.12%	0.06%
	HELE	C	0.11%	0.21%	0.11%
	HFWA	C	0.06%	0.12%	0.06%
	HI	C	0.16%	0.28%	0.16%
	HIMS	B	0.28%	0.52%	0.28%
	HIW	C	0.24%	0.52%	0.24%
	HLIT	D	0.1%	0.09%	0.09%
	HMN	B	0.12%	0.22%	0.12%
	HNI	B	0.18%	0.14%	0.14%
	HOPE	C	0.12%	0.22%	0.12%
	HP	C	0.24%	0.22%	0.22%
	HPP	F	0.03%	0.09%	0.03%
	HRMY	D	0.09%	0.1%	0.09%
	HSII	B	0.06%	0.12%	0.06%
	HSTM	B	0.05%	0.05%	0.05%
	HTH	C	0.1%	0.21%	0.1%
	HTLD	C	0.04%	0.03%	0.03%
	HTZ	C	0.04%	0.05%	0.04%
	HUBG	A	0.22%	0.39%	0.22%
	HZO	F	0.04%	0.08%	0.04%
	IAC	F	0.24%	0.3%	0.24%
	IART	C	0.11%	0.18%	0.11%
	IBTX	B	0.16%	0.31%	0.16%
	ICHR	C	0.07%	0.13%	0.07%
	ICUI	D	0.3%	0.61%	0.3%
	IIIN	C	0.04%	0.03%	0.03%
	IIPR	D	0.21%	0.24%	0.21%
	INDB	B	0.22%	0.39%	0.22%
	INN	D	0.05%	0.05%	0.05%
	INSP	D	0.37%	0.21%	0.21%
	INVA	D	0.07%	0.08%	0.07%
	IOSP	C	0.21%	0.14%	0.14%
	IRWD	F	0.04%	0.03%	0.03%
	ITRI	C	0.37%	0.37%	0.37%
	JBGS	F	0.09%	0.21%	0.09%
	JBLU	F	0.14%	0.25%	0.14%
	JBSS	F	0.05%	0.05%	0.05%
	JBT	B	0.27%	0.21%	0.21%
	JXN	C	0.54%	1.1%	0.54%
	KALU	C	0.09%	0.17%	0.09%
	KAR	B	0.15%	0.25%	0.15%
	KELYA	F	0.03%	0.09%	0.03%
	KFY	B	0.28%	0.23%	0.23%
	KLG	B	0.08%	0.16%	0.08%
	KLIC	B	0.18%	0.13%	0.13%
	KMT	B	0.16%	0.29%	0.16%
	KN	B	0.11%	0.13%	0.11%
	KOP	C	0.06%	0.05%	0.05%
	KREF	C	0.05%	0.1%	0.05%
	KRYS	C	0.32%	0.22%	0.22%
	KSS	F	0.14%	0.3%	0.14%
	KW	C	0.09%	0.18%	0.09%
	KWR	C	0.16%	0.15%	0.15%
	LCII	C	0.21%	0.15%	0.15%
	LEG	F	0.11%	0.23%	0.11%
	LESL	D	0.04%	0.07%	0.04%
	LGIH	F	0.15%	0.12%	0.12%
	LGND	C	0.15%	0.28%	0.15%
	LKFN	C	0.13%	0.13%	0.13%
	LNC	C	0.42%	0.86%	0.42%
	LNN	B	0.1%	0.1%	0.1%
	LTC	B	0.12%	0.14%	0.12%
	LUMN	C	0.59%	0.95%	0.59%
	LXP	D	0.19%	0.41%	0.19%
	LZB	B	0.13%	0.11%	0.11%
	MAC	B	0.3%	0.59%	0.3%
	MATV	D	0.05%	0.12%	0.05%
	MATW	C	0.05%	0.04%	0.04%
	MC	C	0.37%	0.31%	0.31%
	MCW	C	0.05%	0.06%	0.05%
	MCY	A	0.14%	0.26%	0.14%
	MD	C	0.09%	0.15%	0.09%
	MDU	D	0.27%	0.86%	0.27%
	MGEE	B	0.27%	0.21%	0.21%
	MGPI	F	0.05%	0.04%	0.04%
	MLAB	F	0.04%	0.09%	0.04%
	MLKN	F	0.12%	0.23%	0.12%
	MMI	C	0.07%	0.08%	0.07%
	MMSI	A	0.43%	0.34%	0.34%
	MNRO	D	0.06%	0.12%	0.06%
	MODG	F	0.08%	0.2%	0.08%
	MP	C	0.16%	0.19%	0.16%
	MPW	F	0.18%	0.4%	0.18%
	MRCY	C	0.14%	0.24%	0.14%
	MRTN	D	0.07%	0.07%	0.07%
	MSEX	C	0.08%	0.09%	0.08%
	MTUS	C	0.04%	0.03%	0.03%
	MTX	B	0.18%	0.18%	0.18%
	MXL	C	0.08%	0.06%	0.06%
	MYE	F	0.03%	0.03%	0.03%
	MYGN	F	0.1%	0.15%	0.1%
	NABL	F	0.05%	0.05%	0.05%
	NARI	C	0.18%	0.15%	0.15%
	NATL	B	0.15%	0.28%	0.15%
	NAVI	F	0.08%	0.16%	0.08%
	NBHC	C	0.13%	0.25%	0.13%
	NBR	C	0.05%	0.1%	0.05%
	NBTB	B	0.16%	0.31%	0.16%
	NGVT	B	0.12%	0.22%	0.12%
	NHC	C	0.11%	0.11%	0.11%
	NMIH	C	0.21%	0.16%	0.16%
	NPK	B	0.03%	0.03%	0.03%
	NPO	A	0.25%	0.24%	0.24%
	NSIT	F	0.3%	0.25%	0.25%
	NTCT	C	0.11%	0.22%	0.11%
	NVEE	F	0.08%	0.17%	0.08%
	NVRI	D	0.04%	0.09%	0.04%
	NWBI	B	0.13%	0.25%	0.13%
	NWL	C	0.26%	0.53%	0.26%
	NWN	A	0.11%	0.22%	0.11%
	NX	C	0.1%	0.06%	0.06%
	NXRT	B	0.07%	0.13%	0.07%
	ODP	F	0.06%	0.15%	0.06%
	OGN	F	0.28%	0.7%	0.28%
	OI	C	0.14%	0.25%	0.14%
	OMCL	C	0.15%	0.33%	0.15%
	OMI	F	0.06%	0.14%	0.06%
	OUT	A	0.18%	0.21%	0.18%
	PAHC	C	0.04%	0.07%	0.04%
	PAYO	A	0.19%	0.19%	0.19%
	PBH	A	0.29%	0.28%	0.28%
	PBI	B	0.08%	0.16%	0.08%
	PCRX	C	0.05%	0.11%	0.05%
	PDCO	F	0.12%	0.24%	0.12%
	PEB	D	0.11%	0.21%	0.11%
	PECO	A	0.34%	0.33%	0.33%
	PENN	C	0.21%	0.43%	0.21%
	PFS	B	0.2%	0.36%	0.2%
	PHIN	A	0.16%	0.3%	0.16%
	PI	D	0.28%	0.2%	0.2%
	PINC	B	0.17%	0.31%	0.17%
	PIPR	A	0.38%	0.33%	0.33%
	PJT	A	0.26%	0.21%	0.21%
	PLAB	C	0.11%	0.06%	0.06%
	PLUS	F	0.15%	0.13%	0.13%
	PLXS	B	0.3%	0.32%	0.3%
	PMT	C	0.08%	0.17%	0.08%
	PPBI	C	0.19%	0.36%	0.19%
	PRA	C	0.06%	0.11%	0.06%
	PRAA	D	0.06%	0.12%	0.06%
	PRDO	B	0.12%	0.09%	0.09%
	PRK	B	0.2%	0.22%	0.2%
	PRLB	B	0.07%	0.03%	0.03%
	PSMT	D	0.16%	0.3%	0.16%
	PTEN	C	0.21%	0.18%	0.18%
	PTGX	D	0.17%	0.11%	0.11%
	PUMP	C	0.04%	0.08%	0.04%
	PZZA	F	0.11%	0.13%	0.11%
	QNST	B	0.08%	0.17%	0.08%
	RC	D	0.09%	0.17%	0.09%
	RCUS	F	0.06%	0.07%	0.06%
	RDN	D	0.36%	0.34%	0.34%
	REZI	A	0.27%	0.42%	0.27%
	RGNX	D	0.03%	0.03%	0.03%
	RGR	F	0.05%	0.1%	0.05%
	RHI	C	0.53%	1.02%	0.53%
	RNST	B	0.17%	0.32%	0.17%
	ROG	D	0.12%	0.08%	0.08%
	ROIC	A	0.16%	0.29%	0.16%
	RUN	F	0.16%	0.47%	0.16%
	RUSHA	C	0.27%	0.28%	0.27%
	RXO	D	0.26%	0.3%	0.26%
	SABR	C	0.1%	0.08%	0.08%
	SAFT	B	0.09%	0.17%	0.09%
	SAH	C	0.07%	0.12%	0.07%
	SANM	B	0.3%	0.56%	0.3%
	SATS	D	0.2%	0.44%	0.2%
	SBCF	B	0.18%	0.33%	0.18%
	SBH	C	0.1%	0.19%	0.1%
	SBSI	C	0.07%	0.08%	0.07%
	SCHL	F	0.04%	0.09%	0.04%
	SCL	C	0.11%	0.22%	0.11%
	SCSC	C	0.08%	0.14%	0.08%
	SCVL	F	0.04%	0.09%	0.04%
	SDGR	C	0.07%	0.06%	0.06%
	SEDG	F	0.04%	0.09%	0.04%
	SEE	C	0.36%	0.46%	0.36%
	SEM	B	0.27%	0.49%	0.27%
	SFBS	C	0.33%	0.33%	0.33%
	SFNC	C	0.22%	0.42%	0.22%
	SITM	B	0.27%	0.19%	0.19%
	SJW	F	0.12%	0.14%	0.12%
	SKYW	C	0.31%	0.26%	0.26%
	SLG	B	0.35%	0.71%	0.35%
	SLP	D	0.03%	0.03%	0.03%
	SLVM	B	0.21%	0.43%	0.21%
	SMP	C	0.05%	0.1%	0.05%
	SMPL	B	0.24%	0.17%	0.17%
	SMTC	B	0.24%	0.27%	0.24%
	SNCY	C	0.04%	0.04%	0.04%
	SNDR	B	0.1%	0.19%	0.1%
	SNEX	B	0.2%	0.37%	0.2%
	SONO	C	0.11%	0.22%	0.11%
	SPTN	D	0.04%	0.1%	0.04%
	SSTK	F	0.05%	0.06%	0.05%
	STAA	F	0.09%	0.08%	0.08%
	STBA	B	0.11%	0.1%	0.1%
	STC	B	0.14%	0.28%	0.14%
	STEP	C	0.29%	0.38%	0.29%
	STRA	C	0.17%	0.18%	0.17%
	SUPN	C	0.14%	0.16%	0.14%
	SVC	F	0.03%	0.08%	0.03%
	SWI	C	0.05%	0.06%	0.05%
	SXC	A	0.07%	0.13%	0.07%
	SXT	C	0.23%	0.27%	0.23%
	TALO	C	0.1%	0.19%	0.1%
	TDS	B	0.22%	0.21%	0.21%
	TGI	B	0.1%	0.16%	0.1%
	TGNA	B	0.21%	0.4%	0.21%
	THRM	F	0.09%	0.1%	0.09%
	THRY	D	0.03%	0.07%	0.03%
	THS	D	0.11%	0.25%	0.11%
	TILE	B	0.1%	0.15%	0.1%
	TMP	B	0.07%	0.12%	0.07%
	TNDM	D	0.13%	0.16%	0.13%
	TPH	D	0.28%	0.22%	0.22%
	TR	B	0.04%	0.03%	0.03%
	TRMK	C	0.16%	0.31%	0.16%
	TRN	B	0.22%	0.21%	0.21%
	TRST	B	0.05%	0.09%	0.05%
	TRUP	B	0.12%	0.14%	0.12%
	TTGT	B	0.05%	0.05%	0.05%
	TTMI	C	0.17%	0.33%	0.17%
	TWI	F	0.02%	0.05%	0.02%
	UCB	A	0.28%	0.49%	0.28%
	UCTT	D	0.11%	0.22%	0.11%
	UE	B	0.2%	0.16%	0.16%
	UFCS	A	0.04%	0.06%	0.04%
	UHT	D	0.04%	0.04%	0.04%
	UNF	B	0.21%	0.23%	0.21%
	UNFI	A	0.09%	0.18%	0.09%
	UNIT	B	0.1%	0.09%	0.09%
	UPBD	B	0.11%	0.09%	0.09%
	USNA	C	0.03%	0.06%	0.03%
	USPH	B	0.1%	0.08%	0.08%
	UTL	B	0.07%	0.08%	0.07%
	UVV	B	0.1%	0.18%	0.1%
	VBTX	B	0.11%	0.21%	0.11%
	VFC	C	0.46%	1.0%	0.46%
	VIAV	C	0.15%	0.3%	0.15%
	VICR	C	0.09%	0.07%	0.07%
	VIR	D	0.05%	0.1%	0.05%
	VIRT	A	0.21%	0.37%	0.21%
	VRE	B	0.1%	0.12%	0.1%
	VRTS	B	0.11%	0.08%	0.08%
	VSAT	F	0.04%	0.12%	0.04%
	VSCO	C	0.2%	0.35%	0.2%
	VSTO	A	0.18%	0.37%	0.18%
	VSTS	C	0.11%	0.11%	0.11%
	VTLE	C	0.06%	0.06%	0.06%
	VTOL	B	0.06%	0.12%	0.06%
	VYX	B	0.14%	0.27%	0.14%
	WABC	B	0.11%	0.08%	0.08%
	WAFD	B	0.21%	0.4%	0.21%
	WD	D	0.24%	0.29%	0.24%
	WERN	C	0.17%	0.33%	0.17%
	WGO	C	0.12%	0.1%	0.1%
	WHD	B	0.31%	0.22%	0.22%
	WKC	C	0.12%	0.23%	0.12%
	WNC	C	0.06%	0.11%	0.06%
	WOLF	F	0.06%	0.13%	0.06%
	WOR	F	0.09%	0.05%	0.05%
	WS	C	0.11%	0.06%	0.06%
	WSFS	B	0.24%	0.23%	0.23%
	WSR	A	0.05%	0.04%	0.04%
	WWW	A	0.12%	0.18%	0.12%
	XHR	B	0.11%	0.09%	0.09%
	XNCR	B	0.1%	0.09%	0.09%
	XRX	F	0.07%	0.14%	0.07%
	YOU	D	0.17%	0.16%	0.16%
	ZD	B	0.18%	0.3%	0.18%
	ZWS	B	0.4%	0.44%	0.4%

SPSM Overweight 138 Positions Relative to VIOV

	Symbol	Grade	Weight
	MLI	B	0.73%
	CRS	B	0.64%
	GKOS	B	0.54%
	ATI	C	0.5%
	AWI	A	0.48%
	CSWI	B	0.48%
	SPSC	D	0.47%
	MTH	D	0.46%
	BMI	B	0.45%
	MOG.A	B	0.45%
	BCC	B	0.39%
	AVAV	C	0.39%
	FSS	B	0.39%
	MARA	B	0.38%
	RDNT	B	0.37%
	MGY	A	0.37%
	MATX	C	0.37%
	GPI	B	0.37%
	SM	B	0.36%
	IBP	D	0.34%
	IDCC	B	0.33%
	SHAK	C	0.33%
	ITGR	B	0.32%
	KTB	B	0.32%
	ADMA	B	0.32%
	LRN	A	0.31%
	FTDR	B	0.3%
	FELE	B	0.3%
	SIG	B	0.3%
	MHO	D	0.3%
	AROC	A	0.29%
	BOOT	C	0.29%
	NOG	B	0.29%
	GMS	B	0.28%
	SKT	A	0.28%
	TGTX	B	0.28%
	CRC	A	0.28%
	VRRM	F	0.27%
	ESE	B	0.27%
	WDFC	B	0.27%
	CALM	A	0.27%
	CVCO	A	0.27%
	MSGS	A	0.26%
	APLE	B	0.25%
	HCC	B	0.25%
	OTTR	C	0.24%
	CCOI	B	0.24%
	FBP	C	0.24%
	CEIX	A	0.24%
	CNK	C	0.24%
	AEO	F	0.23%
	CRVL	B	0.23%
	ATGE	B	0.23%
	CARG	B	0.22%
	SHOO	F	0.22%
	FORM	D	0.21%
	ALRM	C	0.21%
	LBRT	D	0.21%
	PATK	C	0.21%
	OII	B	0.2%
	PRGS	A	0.2%
	PLMR	A	0.2%
	GSHD	A	0.2%
	AMR	C	0.19%
	TMDX	F	0.19%
	POWL	C	0.19%
	DV	C	0.19%
	AGYS	A	0.19%
	TBBK	B	0.19%
	TDW	F	0.18%
	AZZ	A	0.18%
	ARCB	C	0.18%
	JJSF	C	0.18%
	VCEL	B	0.18%
	CPRX	C	0.17%
	MYRG	B	0.17%
	MTRN	C	0.17%
	ACLS	F	0.17%
	HWKN	B	0.17%
	YELP	C	0.17%
	OSIS	A	0.17%
	SXI	B	0.17%
	URBN	C	0.16%
	EVTC	B	0.16%
	IPAR	B	0.16%
	SHO	D	0.15%
	GRBK	D	0.15%
	LMAT	A	0.15%
	ROCK	C	0.15%
	TFIN	B	0.15%
	PRVA	C	0.15%
	CNMD	C	0.15%
	JOE	F	0.14%
	NEO	C	0.14%
	CASH	B	0.14%
	PRG	C	0.14%
	ALG	B	0.14%
	OFG	B	0.14%
	UFPT	C	0.14%
	DRH	B	0.13%
	RAMP	B	0.13%
	TNC	D	0.12%
	AMPH	F	0.12%
	ASTH	F	0.12%
	VECO	F	0.11%
	TRIP	F	0.11%
	CUBI	B	0.11%
	DFIN	D	0.11%
	WT	A	0.1%
	DVAX	C	0.1%
	HLX	B	0.1%
	SPNT	B	0.1%
	EXPI	D	0.08%
	MCRI	A	0.08%
	EFC	C	0.08%
	PGNY	F	0.08%
	OXM	F	0.08%
	ARLO	C	0.08%
	CARS	C	0.08%
	PLAY	D	0.08%
	PFBC	B	0.08%
	VVI	C	0.07%
	HCI	C	0.07%
	RWT	D	0.07%
	PDFS	C	0.07%
	COLL	F	0.07%
	LPG	F	0.07%
	XPEL	B	0.07%
	PARR	F	0.07%
	JACK	C	0.06%
	ANIP	F	0.06%
	REX	D	0.05%
	SHEN	F	0.04%
	AMBC	C	0.04%
	LQDT	B	0.04%
	WRLD	C	0.03%
	GES	F	0.03%
	RES	D	0.03%

SPSM Underweight 2 Positions Relative to VIOV

	Symbol	Grade	Weight
	WLY	B	-0.3%
	CLW	F	-0.06%

SPSM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Biotechnology REIT - Diversified Diversified Industrials Software - Application Packaged Foods Specialty Chemicals Asset Management Medical Devices Oil & Gas Equipment & Services REIT - Retail Software - Infrastructure Auto Parts Insurance - Property & Casualty Oil & Gas E&P Restaurants Specialty Retail Building Materials Communication Equipment Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Medicine Computing Chemical Real Estate Loans Aerospace Clothing Insurance Commercial Bank Mining Semiconductor Transport Commercial Banking Mortgage Loan Investment Management Retail Store Construction

VIOV: Top Represented Industries & Keywords

Industries: Banks - Regional - US REIT - Diversified Biotechnology Asset Management Packaged Foods REIT - Retail Specialty Chemicals Auto Parts Communication Equipment REIT - Office Software - Infrastructure Specialty Retail Diversified Industrials Electronic Components Insurance - Property & Casualty Medical Devices Semiconductors Credit Services Information Technology Services Restaurants

Keywords: Bank Banking Real Estate Investment Trust Deposit Products Real Estate Loans Medicine Computing Commercial Bank Investment Management Mortgage Loan Chemical Commercial Banking Transport Insurance Aerospace Clothing Loan Semiconductor Mining Residential Real Estate Loans