SPTM vs. ALAI ETF Comparison

Comparison of SPDR Portfolio Total Stock Market ETF (SPTM) to Alger AI Enablers & Adopters ETF (ALAI)

SPTM

SPDR Portfolio Total Stock Market ETF

SPTM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Total Stock Market Index that tracks a broad universe of 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 invest in equity securities that are not included in the index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.90

Average Daily Volume

357,021

Number of Holdings ^*

1479

* may have additional holdings in another (foreign) market

ALAI

Alger AI Enablers & Adopters ETF

ALAI Description

ALAI focuses on equity securities of firms benefiting from artificial intelligence (AI), targeting both AI Enablersthose developing components for and investing in AI infrastructureand AI Adoptersthose integrating AI to enhance their operations. The fund manager employs fundamental research to select securities, considering factors like revenue, resources devoted to AI, and market share estimates. This process assesses a firms involvement with AI and its potential impact on stock performance in the next one to three years. Additionally, ALAI actively seeks companies experiencing Positive Dynamic Change, or those demonstrating high unit volume growth or significant lifecycle shifts. Investments span all market capitalizations, with at least 25% in AI-related industries like technology, retail, and media. The fund may also include foreign securities and hold cash or equivalents during market volatility or when awaiting investment opportunities. ALAI aims to identify firms at the forefront of AI adoption, striving for sustainable long-term growth.

Grade (RS Rating)

Last Trade

$26.10

Average Daily Volume

10,268

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPTM	ALAI
30 Days	3.42%	9.25%
60 Days	4.79%	13.38%
90 Days	6.41%	18.43%
12 Months	32.83%

27 Overlapping Holdings

Symbol	Grade	Weight in SPTM	Weight in ALAI	Overlap
AAPL	C	6.31%	11.09%	6.31%
ADBE	C	0.42%	1.2%	0.42%
AMD	F	0.41%	1.01%	0.41%
AMZN	C	3.59%	8.81%	3.59%
AVGO	D	1.44%	4.14%	1.44%
CDNS	B	0.15%	0.56%	0.15%
CEG	D	0.13%	1.69%	0.13%
DELL	C	0.07%	0.58%	0.07%
DLR	B	0.1%	0.45%	0.1%
EQIX	A	0.15%	1.34%	0.15%
GOOG	C	1.55%	2.33%	1.55%
ISRG	A	0.35%	1.4%	0.35%
JPM	A	1.25%	0.22%	0.22%
META	D	2.29%	6.72%	2.29%
MSFT	F	5.77%	11.86%	5.77%
MU	D	0.2%	0.88%	0.2%
NEE	D	0.28%	0.27%	0.27%
NFLX	A	0.65%	1.34%	0.65%
NOW	A	0.39%	0.68%	0.39%
NRG	B	0.03%	1.02%	0.03%
NVDA	C	6.57%	10.98%	6.57%
PWR	A	0.08%	0.28%	0.08%
SPGI	C	0.3%	2.88%	0.3%
TSLA	B	1.57%	0.63%	0.63%
UBER	D	0.27%	0.47%	0.27%
UNH	C	0.99%	1.42%	0.99%
WMT	A	0.66%	0.31%	0.31%

SPTM Overweight 1452 Positions Relative to ALAI

Symbol	Grade	Weight
GOOGL	C	1.87%
BRK.A	B	1.56%
LLY	F	1.13%
XOM	B	0.97%
V	A	0.93%
MA	C	0.78%
COST	B	0.74%
HD	A	0.73%
PG	A	0.71%
JNJ	D	0.66%
CRM	B	0.58%
BAC	A	0.56%
ORCL	B	0.54%
ABBV	D	0.54%
CVX	A	0.5%
MRK	F	0.46%
WFC	A	0.45%
KO	D	0.44%
ACN	C	0.42%
CSCO	B	0.42%
PEP	F	0.41%
MCD	D	0.39%
LIN	D	0.39%
ABT	B	0.37%
TMO	F	0.37%
DIS	B	0.36%
INTU	C	0.36%
PM	B	0.36%
IBM	C	0.35%
GE	D	0.35%
GS	A	0.34%
CAT	B	0.34%
TXN	C	0.34%
QCOM	F	0.33%
CMCSA	B	0.31%
VZ	C	0.31%
MS	A	0.3%
BKNG	A	0.3%
RTX	C	0.29%
T	A	0.29%
AMGN	D	0.29%
AXP	A	0.29%
PGR	A	0.28%
LOW	D	0.28%
AMAT	F	0.28%
DHR	F	0.28%
BLK	C	0.27%
PFE	D	0.27%
HON	B	0.27%
UNP	C	0.26%
ETN	A	0.26%
BSX	B	0.24%
COP	C	0.24%
BX	A	0.24%
SYK	C	0.24%
C	A	0.24%
TJX	A	0.24%
ADP	B	0.23%
VRTX	F	0.23%
PANW	C	0.23%
BMY	B	0.22%
FI	A	0.22%
SCHW	B	0.22%
LMT	D	0.21%
SBUX	A	0.21%
TMUS	B	0.21%
GILD	C	0.21%
PLTR	B	0.21%
MDT	D	0.2%
MMC	B	0.2%
PLD	D	0.19%
INTC	D	0.19%
ADI	D	0.19%
CB	C	0.19%
UPS	C	0.18%
ANET	C	0.18%
LRCX	F	0.18%
KKR	A	0.18%
BA	F	0.18%
DE	A	0.18%
AMT	D	0.17%
PH	A	0.17%
SHW	A	0.17%
ELV	F	0.17%
MO	A	0.17%
TT	A	0.17%
SO	D	0.17%
KLAC	D	0.16%
DUK	C	0.16%
MDLZ	F	0.16%
PYPL	B	0.16%
APH	A	0.16%
GEV	B	0.16%
CI	F	0.16%
NKE	D	0.16%
ICE	C	0.16%
CRWD	B	0.15%
CME	A	0.15%
MCK	B	0.15%
WM	A	0.15%
AON	A	0.15%
CMG	B	0.15%
MSI	B	0.15%
SNPS	B	0.15%
PNC	B	0.15%
REGN	F	0.15%
EMR	A	0.14%
GD	F	0.14%
MMM	D	0.14%
ITW	B	0.14%
CTAS	B	0.14%
WELL	A	0.14%
MCO	B	0.14%
ZTS	D	0.14%
USB	A	0.14%
EOG	A	0.14%
COF	B	0.13%
APD	A	0.13%
CSX	B	0.13%
TGT	F	0.13%
TDG	D	0.13%
ORLY	B	0.13%
CL	D	0.13%
FCX	D	0.12%
HCA	F	0.12%
CARR	D	0.12%
OKE	A	0.12%
AJG	B	0.12%
MAR	B	0.12%
FDX	B	0.12%
BDX	F	0.12%
ADSK	A	0.12%
GM	B	0.12%
NOC	D	0.12%
WMB	A	0.12%
CVS	D	0.12%
SRE	A	0.11%
ABNB	C	0.11%
NXPI	D	0.11%
JCI	C	0.11%
URI	B	0.11%
TRV	B	0.11%
FICO	B	0.11%
ROP	B	0.11%
PCAR	B	0.11%
HLT	A	0.11%
NSC	B	0.11%
FTNT	C	0.11%
ECL	D	0.11%
SLB	C	0.11%
TFC	A	0.11%
KMI	A	0.1%
PSA	D	0.1%
GWW	B	0.1%
PSX	C	0.1%
SPG	B	0.1%
RCL	A	0.1%
AMP	A	0.1%
AFL	B	0.1%
AZO	C	0.1%
BK	A	0.1%
PAYX	C	0.09%
DHI	D	0.09%
FIS	C	0.09%
MET	A	0.09%
FAST	B	0.09%
NEM	D	0.09%
LHX	C	0.09%
AIG	B	0.09%
ROST	C	0.09%
VST	B	0.09%
MSCI	C	0.09%
CMI	A	0.09%
AEP	D	0.09%
CPRT	A	0.09%
MPC	D	0.09%
ALL	A	0.09%
CBRE	B	0.08%
VRSK	A	0.08%
DAL	C	0.08%
MNST	C	0.08%
IR	B	0.08%
IT	C	0.08%
LEN	D	0.08%
AXON	A	0.08%
VLO	C	0.08%
F	C	0.08%
TRGP	B	0.08%
DFS	B	0.08%
BKR	B	0.08%
PEG	A	0.08%
RSG	A	0.08%
PCG	A	0.08%
AME	A	0.08%
CCI	D	0.08%
HWM	A	0.08%
KMB	D	0.08%
KVUE	A	0.08%
PRU	A	0.08%
O	D	0.08%
D	C	0.08%
HIG	B	0.07%
DD	D	0.07%
GLW	B	0.07%
VMC	B	0.07%
MLM	B	0.07%
NUE	C	0.07%
ACGL	D	0.07%
EXC	C	0.07%
GIS	D	0.07%
SYY	B	0.07%
YUM	B	0.07%
A	D	0.07%
XEL	A	0.07%
LULU	C	0.07%
KR	B	0.07%
HES	B	0.07%
STZ	D	0.07%
CHTR	C	0.07%
EW	C	0.07%
ODFL	B	0.07%
CTVA	C	0.07%
EA	A	0.07%
OTIS	C	0.07%
COR	B	0.07%
CTSH	B	0.07%
STT	A	0.06%
TSCO	D	0.06%
WEC	A	0.06%
GPN	B	0.06%
CSGP	D	0.06%
EIX	B	0.06%
VICI	C	0.06%
DOW	F	0.06%
AVB	B	0.06%
GRMN	B	0.06%
EFX	F	0.06%
FANG	D	0.06%
HPQ	B	0.06%
CNC	D	0.06%
FITB	A	0.06%
NDAQ	A	0.06%
WTW	B	0.06%
GEHC	F	0.06%
IRM	D	0.06%
ED	D	0.06%
ROK	B	0.06%
EXR	D	0.06%
OXY	D	0.06%
RMD	C	0.06%
KDP	D	0.06%
IQV	D	0.06%
HUM	C	0.06%
MCHP	D	0.06%
WAB	B	0.06%
IDXX	F	0.06%
MTB	A	0.06%
NTAP	C	0.05%
CCL	B	0.05%
DTE	C	0.05%
SW	A	0.05%
WST	C	0.05%
EQR	B	0.05%
TYL	B	0.05%
TPL	A	0.05%
PPL	B	0.05%
BRO	B	0.05%
DVN	F	0.05%
RF	A	0.05%
KHC	F	0.05%
HBAN	A	0.05%
AWK	D	0.05%
FTV	C	0.05%
MTD	D	0.05%
DECK	A	0.05%
HSY	F	0.05%
CHD	B	0.05%
BR	A	0.05%
HAL	C	0.05%
TROW	B	0.05%
SYF	B	0.05%
GDDY	A	0.05%
KEYS	A	0.05%
HPE	B	0.05%
CPAY	A	0.05%
NVR	D	0.05%
MPWR	F	0.05%
UAL	A	0.05%
PHM	D	0.05%
DXCM	D	0.05%
EBAY	D	0.05%
DOV	A	0.05%
TTWO	A	0.05%
PPG	F	0.05%
ON	D	0.05%
XYL	D	0.05%
ANSS	B	0.05%
ETR	B	0.05%
RJF	A	0.05%
CAH	B	0.05%
ESS	B	0.04%
PFG	D	0.04%
CMS	C	0.04%
INVH	D	0.04%
CTRA	B	0.04%
STX	D	0.04%
CNP	B	0.04%
WDC	D	0.04%
HOLX	D	0.04%
IP	B	0.04%
SNA	A	0.04%
BALL	D	0.04%
DRI	B	0.04%
LH	C	0.04%
CLX	B	0.04%
LII	A	0.04%
OMC	C	0.04%
K	A	0.04%
ES	D	0.04%
FSLR	F	0.04%
FE	C	0.04%
ZBRA	B	0.04%
LYB	F	0.04%
STLD	B	0.04%
ATO	A	0.04%
WBD	C	0.04%
CBOE	B	0.04%
CFG	B	0.04%
TDY	B	0.04%
CSL	C	0.04%
STE	F	0.04%
NTRS	A	0.04%
IFF	D	0.04%
PKG	A	0.04%
WAT	B	0.04%
BLDR	D	0.04%
AEE	A	0.04%
ZBH	C	0.04%
ILMN	D	0.04%
VLTO	D	0.04%
LDOS	C	0.04%
PTC	A	0.04%
CINF	A	0.04%
WY	D	0.04%
EME	C	0.04%
EXPE	B	0.04%
SBAC	D	0.04%
EQT	B	0.04%
ADM	D	0.04%
BIIB	F	0.04%
HUBB	B	0.04%
CDW	F	0.04%
VTR	C	0.04%
USFD	A	0.03%
POOL	C	0.03%
SWKS	F	0.03%
EPAM	C	0.03%
CW	B	0.03%
CASY	A	0.03%
DOC	D	0.03%
DLTR	F	0.03%
ROL	B	0.03%
NI	A	0.03%
AVTR	F	0.03%
INCY	C	0.03%
EVRG	A	0.03%
PSTG	D	0.03%
AMCR	D	0.03%
SAIA	B	0.03%
EL	F	0.03%
EWBC	A	0.03%
RVTY	F	0.03%
ACM	A	0.03%
FIX	A	0.03%
LNT	A	0.03%
FFIV	B	0.03%
GGG	B	0.03%
EQH	B	0.03%
VTRS	A	0.03%
RGA	A	0.03%
APTV	D	0.03%
L	A	0.03%
EG	C	0.03%
JBHT	C	0.03%
FNF	B	0.03%
DPZ	C	0.03%
ALGN	D	0.03%
BAX	D	0.03%
TER	D	0.03%
DOCU	A	0.03%
AVY	D	0.03%
JBL	B	0.03%
VRSN	F	0.03%
CF	B	0.03%
KIM	A	0.03%
SFM	A	0.03%
WSM	B	0.03%
MRO	B	0.03%
DG	F	0.03%
ARE	D	0.03%
RBA	A	0.03%
WSO	A	0.03%
TXT	D	0.03%
UTHR	C	0.03%
THC	D	0.03%
XPO	B	0.03%
BURL	A	0.03%
IEX	B	0.03%
OC	A	0.03%
MANH	D	0.03%
TOL	B	0.03%
GEN	B	0.03%
GPC	D	0.03%
DGX	A	0.03%
PNR	A	0.03%
RS	B	0.03%
MAS	D	0.03%
LVS	C	0.03%
EXPD	D	0.03%
TRMB	B	0.03%
RPM	A	0.03%
MAA	B	0.03%
MOH	F	0.03%
PODD	C	0.03%
KEY	B	0.03%
J	F	0.03%
BBY	D	0.03%
LYV	A	0.03%
MKC	D	0.03%
TSN	B	0.03%
ULTA	F	0.03%
LUV	C	0.03%
FDS	B	0.03%
WRB	A	0.03%
IBKR	A	0.03%
PEN	B	0.02%
TREX	C	0.02%
FRT	B	0.02%
HAS	D	0.02%
CNH	C	0.02%
PLNT	A	0.02%
HII	D	0.02%
BWA	D	0.02%
SMCI	F	0.02%
SNV	B	0.02%
CVLT	B	0.02%
WMS	D	0.02%
MHK	D	0.02%
DVA	B	0.02%
RL	B	0.02%
LNW	D	0.02%
ENPH	F	0.02%
HRB	D	0.02%
OGE	B	0.02%
CR	A	0.02%
KBR	F	0.02%
RHI	B	0.02%
CHE	D	0.02%
LUMN	C	0.02%
CRS	A	0.02%
WTRG	B	0.02%
BRX	A	0.02%
AR	B	0.02%
MTCH	D	0.02%
FLR	B	0.02%
REXR	F	0.02%
HRL	D	0.02%
FN	D	0.02%
TFX	F	0.02%
CBSH	A	0.02%
GPK	C	0.02%
TTC	D	0.02%
AAL	B	0.02%
VOYA	B	0.02%
WAL	B	0.02%
GMED	A	0.02%
RRC	B	0.02%
AOS	F	0.02%
SNX	C	0.02%
RGLD	C	0.02%
MUSA	A	0.02%
AXTA	A	0.02%
MOS	F	0.02%
MORN	B	0.02%
PNFP	B	0.02%
RBC	A	0.02%
OHI	C	0.02%
HSIC	B	0.02%
WYNN	D	0.02%
GL	B	0.02%
AES	F	0.02%
FBIN	D	0.02%
WCC	B	0.02%
HLI	B	0.02%
DTM	B	0.02%
CPB	D	0.02%
SOLV	C	0.02%
ZION	B	0.02%
BRBR	A	0.02%
DCI	B	0.02%
KNX	B	0.02%
CHDN	B	0.02%
CMA	A	0.02%
AFG	A	0.02%
CRL	C	0.02%
ALLY	C	0.02%
FHN	A	0.02%
INGR	B	0.02%
CTLT	B	0.02%
WING	D	0.02%
WWD	B	0.02%
ARMK	B	0.02%
KNSL	B	0.02%
AYI	B	0.02%
SRPT	D	0.02%
MGM	D	0.02%
PRI	A	0.02%
MLI	C	0.02%
TPX	B	0.02%
EHC	B	0.02%
ERIE	D	0.02%
MKTX	D	0.02%
EXP	A	0.02%
PNW	B	0.02%
ORI	A	0.02%
CACI	D	0.02%
PAYC	B	0.02%
LAD	A	0.02%
CIEN	B	0.02%
LKQ	D	0.02%
CUBE	D	0.02%
CCK	C	0.02%
FND	C	0.02%
WBS	A	0.02%
EXEL	B	0.02%
UHS	D	0.02%
CG	A	0.02%
AIT	A	0.02%
EVR	B	0.02%
ATR	B	0.02%
LAMR	D	0.02%
BXP	D	0.02%
BJ	A	0.02%
AIZ	A	0.02%
OVV	B	0.02%
NCLH	B	0.02%
TTEK	F	0.02%
NWSA	B	0.02%
IPG	D	0.02%
DUOL	A	0.02%
TECH	D	0.02%
NBIX	C	0.02%
GNRC	B	0.02%
SJM	D	0.02%
WPC	D	0.02%
BWXT	B	0.02%
BLD	D	0.02%
DAY	B	0.02%
AMH	D	0.02%
NVT	B	0.02%
EMN	D	0.02%
LW	C	0.02%
TAP	C	0.02%
FOXA	B	0.02%
RRX	B	0.02%
SF	B	0.02%
COHR	B	0.02%
ALB	C	0.02%
HST	C	0.02%
REG	B	0.02%
CPT	B	0.02%
CLH	B	0.02%
JEF	A	0.02%
BMRN	D	0.02%
LECO	B	0.02%
SCI	B	0.02%
TPR	B	0.02%
JNPR	F	0.02%
ELS	C	0.02%
DKS	C	0.02%
ALLE	D	0.02%
GLPI	C	0.02%
DT	C	0.02%
KMX	B	0.02%
CHRW	C	0.02%
MRNA	F	0.02%
TXRH	C	0.02%
NDSN	B	0.02%
UNM	A	0.02%
JLL	D	0.02%
RNR	C	0.02%
JKHY	D	0.02%
BG	F	0.02%
CAG	D	0.02%
PFGC	B	0.02%
ITT	A	0.02%
AKAM	D	0.02%
UDR	B	0.02%
SWK	D	0.02%
CASH	A	0.01%
HWKN	B	0.01%
HBI	B	0.01%
BHF	B	0.01%
LIVN	F	0.01%
AAP	C	0.01%
INDB	B	0.01%
AMKR	D	0.01%
BOOT	D	0.01%
ABR	C	0.01%
SYNA	C	0.01%
ENVA	B	0.01%
VSCO	B	0.01%
CVBF	A	0.01%
WAFD	B	0.01%
PRK	B	0.01%
SFNC	B	0.01%
OII	B	0.01%
TBBK	B	0.01%
KLIC	B	0.01%
PCH	D	0.01%
SLVM	B	0.01%
NOG	A	0.01%
AMR	C	0.01%
ZI	D	0.01%
AEO	F	0.01%
ICUI	D	0.01%
GSHD	A	0.01%
TMDX	F	0.01%
AWR	B	0.01%
PI	D	0.01%
ARCH	B	0.01%
LANC	C	0.01%
CXW	B	0.01%
NWE	B	0.01%
HASI	D	0.01%
CTRE	D	0.01%
BTU	B	0.01%
WSFS	A	0.01%
UNF	B	0.01%
SITM	B	0.01%
YETI	C	0.01%
SMTC	B	0.01%
FORM	D	0.01%
DEI	B	0.01%
EPAC	B	0.01%
BL	B	0.01%
VAL	D	0.01%
SXI	B	0.01%
LCII	C	0.01%
SMG	D	0.01%
GHC	C	0.01%
CC	C	0.01%
TRN	C	0.01%
CARG	C	0.01%
PENN	C	0.01%
BXMT	C	0.01%
PRGS	A	0.01%
TDC	D	0.01%
IOSP	B	0.01%
WD	D	0.01%
NPO	A	0.01%
ARCB	C	0.01%
SMPL	B	0.01%
POWI	D	0.01%
NVST	B	0.01%
POWL	C	0.01%
BOH	B	0.01%
AUB	B	0.01%
TDS	B	0.01%
NSA	D	0.01%
RDNT	B	0.01%
APAM	B	0.01%
IAC	D	0.01%
WEN	D	0.01%
EPR	D	0.01%
HUBG	A	0.01%
VRRM	D	0.01%
CALM	A	0.01%
APLE	B	0.01%
PSN	D	0.01%
SLAB	D	0.01%
ADMA	B	0.01%
OTTR	C	0.01%
VAC	B	0.01%
CCOI	B	0.01%
HIW	D	0.01%
SAM	C	0.01%
STEP	B	0.01%
HGV	B	0.01%
SXT	B	0.01%
MHO	D	0.01%
ENV	B	0.01%
GNW	A	0.01%
SHOO	D	0.01%
NWL	B	0.01%
SR	A	0.01%
ALE	A	0.01%
PK	B	0.01%
FULT	A	0.01%
ACHC	F	0.01%
PJT	A	0.01%
CDP	C	0.01%
PBF	D	0.01%
NEU	C	0.01%
MAN	D	0.01%
FHB	A	0.01%
ABM	B	0.01%
GEO	B	0.01%
BKU	A	0.01%
CNK	B	0.01%
MDU	D	0.01%
BRC	D	0.01%
ORA	B	0.01%
CBU	B	0.01%
EPRT	B	0.01%
SKT	B	0.01%
JBT	B	0.01%
PRGO	B	0.01%
GMS	B	0.01%
REZI	A	0.01%
RUSHA	C	0.01%
CRC	B	0.01%
GFF	A	0.01%
ESE	B	0.01%
MGEE	C	0.01%
PNM	F	0.01%
PAG	B	0.01%
HP	B	0.01%
TEX	D	0.01%
IRDM	D	0.01%
OGN	D	0.01%
GTES	A	0.01%
CATY	B	0.01%
NWS	B	0.01%
BKH	A	0.01%
HIMS	B	0.01%
ABCB	B	0.01%
XRAY	F	0.01%
SBRA	C	0.01%
PII	D	0.01%
ROIV	C	0.01%
MSGS	A	0.01%
FHI	A	0.01%
FLO	D	0.01%
MSM	C	0.01%
TGNA	B	0.01%
IBOC	A	0.01%
OPCH	D	0.01%
KRC	C	0.01%
CELH	F	0.01%
OGS	A	0.01%
WDFC	B	0.01%
BGC	C	0.01%
SWX	B	0.01%
SEM	B	0.01%
KMPR	B	0.01%
VLY	B	0.01%
DORM	B	0.01%
FUL	F	0.01%
TPH	D	0.01%
LRN	A	0.01%
ZWS	B	0.01%
HOG	D	0.01%
MAC	B	0.01%
AVNT	B	0.01%
CEIX	A	0.01%
POR	C	0.01%
BLKB	B	0.01%
RYN	D	0.01%
KFY	B	0.01%
DXC	B	0.01%
ATGE	B	0.01%
ASB	B	0.01%
AEIS	B	0.01%
ENS	D	0.01%
NJR	A	0.01%
PBH	A	0.01%
ASO	F	0.01%
INSP	D	0.01%
KTB	B	0.01%
CHH	A	0.01%
ASH	D	0.01%
NSIT	F	0.01%
WHD	B	0.01%
WU	D	0.01%
WLK	D	0.01%
SHAK	C	0.01%
ITGR	B	0.01%
AVAV	D	0.01%
FELE	B	0.01%
SLGN	A	0.01%
CIVI	D	0.01%
DLB	B	0.01%
AX	A	0.01%
TCBI	B	0.01%
KRYS	B	0.01%
SFBS	B	0.01%
HAE	C	0.01%
FBP	B	0.01%
UMBF	B	0.01%
CHWY	B	0.01%
AM	A	0.01%
AN	C	0.01%
FTDR	A	0.01%
PLXS	B	0.01%
ASGN	F	0.01%
PECO	A	0.01%
CUZ	B	0.01%
GAP	C	0.01%
EAT	A	0.01%
MARA	C	0.01%
BCO	D	0.01%
CVCO	A	0.01%
WMG	C	0.01%
IBP	D	0.01%
ALKS	B	0.01%
TNL	A	0.01%
APPF	B	0.01%
M	D	0.01%
ITRI	B	0.01%
PIPR	B	0.01%
UGI	A	0.01%
UBSI	B	0.01%
BDC	B	0.01%
KNF	A	0.01%
FIVE	F	0.01%
GVA	A	0.01%
QLYS	C	0.01%
ACA	A	0.01%
BOX	B	0.01%
LOPE	B	0.01%
MUR	D	0.01%
EXPO	D	0.01%
HOMB	A	0.01%
ST	F	0.01%
AGO	B	0.01%
ABG	B	0.01%
IRT	A	0.01%
SIG	B	0.01%
MGY	A	0.01%
RH	B	0.01%
AL	B	0.01%
MMS	F	0.01%
OLLI	D	0.01%
MMSI	B	0.01%
MC	C	0.01%
GATX	A	0.01%
OLN	D	0.01%
TKR	D	0.01%
CSWI	A	0.01%
KD	B	0.01%
CNM	D	0.01%
SON	D	0.01%
HXL	D	0.01%
AVT	C	0.01%
GBCI	B	0.01%
SANM	B	0.01%
EEFT	B	0.01%
CNO	A	0.01%
SLG	B	0.01%
SM	B	0.01%
NFG	A	0.01%
NXST	C	0.01%
LNTH	D	0.01%
COKE	C	0.01%
VMI	B	0.01%
SLM	A	0.01%
BCC	B	0.01%
LEA	D	0.01%
HWC	B	0.01%
RDN	C	0.01%
POST	C	0.01%
PARA	C	0.01%
FNB	A	0.01%
IDCC	A	0.01%
BRKR	D	0.01%
SIGI	C	0.01%
SEE	C	0.01%
FSS	B	0.01%
SKYW	B	0.01%
BC	C	0.01%
CORT	B	0.01%
VNT	B	0.01%
TKO	B	0.01%
BCPC	B	0.01%
AGCO	D	0.01%
CLF	F	0.01%
OZK	B	0.01%
MATX	C	0.01%
IDA	A	0.01%
FFIN	B	0.01%
ESNT	D	0.01%
PR	B	0.01%
BYD	C	0.01%
GPI	A	0.01%
THG	A	0.01%
GKOS	B	0.01%
DY	D	0.01%
NOVT	D	0.01%
MSA	D	0.01%
ALTR	B	0.01%
VVV	F	0.01%
THO	B	0.01%
KRG	B	0.01%
CRUS	D	0.01%
BEN	C	0.01%
CYTK	F	0.01%
JXN	C	0.01%
COLB	A	0.01%
WFRD	D	0.01%
CHX	C	0.01%
SPSC	C	0.01%
WTS	B	0.01%
CNX	A	0.01%
GTLS	B	0.01%
STWD	C	0.01%
MKSI	C	0.01%
LNC	B	0.01%
DOCS	C	0.01%
ETSY	D	0.01%
WHR	B	0.01%
PVH	C	0.01%
RMBS	C	0.01%
AMG	B	0.01%
CBT	C	0.01%
ONB	B	0.01%
MTSI	B	0.01%
FCN	D	0.01%
WBA	F	0.01%
NOV	C	0.01%
MTDR	B	0.01%
DINO	D	0.01%
QRVO	F	0.01%
MOG.A	B	0.01%
LITE	B	0.01%
ARW	D	0.01%
MTH	D	0.01%
ACIW	B	0.01%
GME	C	0.01%
LFUS	F	0.01%
VFC	C	0.01%
STAG	F	0.01%
HLNE	B	0.01%
BMI	B	0.01%
CROX	D	0.01%
CADE	B	0.01%
BIO	D	0.01%
ALK	C	0.01%
FOX	A	0.01%
MAT	D	0.01%
RGEN	D	0.01%
VNO	B	0.01%
DAR	C	0.01%
ELF	C	0.01%
AWI	A	0.01%
MTG	C	0.01%
LSCC	D	0.01%
IVZ	B	0.01%
FAF	A	0.01%
JHG	A	0.01%
FR	C	0.01%
MTN	C	0.01%
KBH	D	0.01%
COOP	B	0.01%
HALO	F	0.01%
AA	B	0.01%
EGP	F	0.01%
FMC	D	0.01%
GXO	B	0.01%
SAIC	F	0.01%
JAZZ	B	0.01%
LSTR	D	0.01%
ESAB	B	0.01%
CMC	B	0.01%
CGNX	C	0.01%
KEX	C	0.01%
HQY	B	0.01%
RYAN	B	0.01%
H	B	0.01%
WTFC	A	0.01%
OLED	D	0.01%
RLI	B	0.01%
ATI	D	0.01%
LPX	B	0.01%
R	B	0.01%
ANF	C	0.01%
NNN	D	0.01%
BBWI	D	0.01%
CE	F	0.01%
GNTX	C	0.01%
MASI	A	0.01%
PB	A	0.01%
ONTO	D	0.01%
TMHC	B	0.01%
DBX	B	0.01%
EXLS	B	0.01%
OSK	B	0.01%
ADC	B	0.01%
ENSG	D	0.01%
ALV	C	0.01%
SSD	D	0.01%
AAON	B	0.01%
G	B	0.01%
FYBR	D	0.01%
MIDD	C	0.01%
X	C	0.01%
SKX	D	0.01%
NYT	C	0.01%
MTZ	B	0.01%
MEDP	D	0.01%
APA	D	0.01%
BERY	B	0.01%
PCTY	B	0.01%
FLS	B	0.01%
WH	B	0.01%
WEX	D	0.01%
CZR	F	0.01%
CHRD	D	0.01%
SSB	B	0.01%
CFR	B	0.01%
UFPI	B	0.01%
SEIC	B	0.01%
BMTX	B	0.0%
SRCL	C	0.0%
NPK	B	0.0%
KLG	C	0.0%
SNCY	C	0.0%
REX	D	0.0%
FLGT	F	0.0%
CRSR	C	0.0%
THRY	F	0.0%
COLL	F	0.0%
BGS	F	0.0%
ANIP	F	0.0%
WRLD	C	0.0%
CNSL	C	0.0%
MLAB	D	0.0%
MTUS	C	0.0%
TALO	C	0.0%
MYE	F	0.0%
SLP	D	0.0%
VTLE	C	0.0%
RGNX	F	0.0%
UHT	D	0.0%
LESL	C	0.0%
TWI	F	0.0%
RES	D	0.0%
PAHC	C	0.0%
UFCS	B	0.0%
JBSS	D	0.0%
VSAT	F	0.0%
SVC	F	0.0%
KREF	D	0.0%
SXC	A	0.0%
KELYA	F	0.0%
CENT	C	0.0%
USNA	C	0.0%
IIIN	C	0.0%
CTKB	C	0.0%
RC	D	0.0%
GOGO	C	0.0%
CSR	B	0.0%
HZO	D	0.0%
SMP	B	0.0%
FBRT	C	0.0%
FBNC	A	0.0%
CVI	F	0.0%
IRWD	F	0.0%
AMBC	C	0.0%
GDOT	D	0.0%
HAIN	C	0.0%
GPRE	F	0.0%
EFC	C	0.0%
NVRI	F	0.0%
HPP	F	0.0%
NBR	C	0.0%
AHH	D	0.0%
AXL	C	0.0%
WSR	A	0.0%
CEVA	B	0.0%
XPEL	C	0.0%
SPTN	D	0.0%
GES	F	0.0%
TR	B	0.0%
HTLD	B	0.0%
ICHR	C	0.0%
GDEN	B	0.0%
MCW	B	0.0%
SHEN	F	0.0%
VIR	D	0.0%
EZPW	A	0.0%
AOSL	C	0.0%
RGR	F	0.0%
KOP	C	0.0%
HTZ	C	0.0%
SEDG	F	0.0%
PUMP	B	0.0%
BLFS	C	0.0%
LQDT	B	0.0%
INN	D	0.0%
BFS	C	0.0%
MATV	D	0.0%
TRST	A	0.0%
HCI	C	0.0%
SWI	B	0.0%
SSTK	F	0.0%
GNL	F	0.0%
PCRX	C	0.0%
NABL	F	0.0%
RCUS	F	0.0%
TTGT	C	0.0%
ASTE	B	0.0%
HRMY	D	0.0%
VVI	C	0.0%
MATW	C	0.0%
DEA	D	0.0%
MGPI	F	0.0%
RWT	D	0.0%
CXM	C	0.0%
WOLF	F	0.0%
BSIG	A	0.0%
HSII	B	0.0%
SCHL	D	0.0%
HAFC	A	0.0%
ASTH	D	0.0%
EMBC	C	0.0%
ETD	C	0.0%
HFWA	B	0.0%
NXRT	B	0.0%
UTL	B	0.0%
MODG	F	0.0%
ARLO	C	0.0%
CWEN	C	0.0%
HCSG	C	0.0%
CFFN	B	0.0%
EYE	C	0.0%
CHEF	A	0.0%
SCVL	F	0.0%
CLB	B	0.0%
BDN	C	0.0%
PARR	D	0.0%
OMI	F	0.0%
CNXN	C	0.0%
NAVI	C	0.0%
AVNS	F	0.0%
LPG	F	0.0%
TMP	B	0.0%
AHCO	F	0.0%
MRTN	C	0.0%
UVV	B	0.0%
PDFS	C	0.0%
ASIX	A	0.0%
DGII	B	0.0%
EGBN	B	0.0%
AORT	B	0.0%
HAYN	C	0.0%
QNST	B	0.0%
JACK	D	0.0%
VTOL	B	0.0%
AMSF	B	0.0%
EXPI	C	0.0%
VICR	B	0.0%
ATEN	B	0.0%
MNRO	D	0.0%
NX	C	0.0%
AMN	F	0.0%
CPF	A	0.0%
FWRD	D	0.0%
MMI	B	0.0%
COHU	C	0.0%
ALGT	B	0.0%
HSTM	B	0.0%
MXL	C	0.0%
PRLB	A	0.0%
DNOW	B	0.0%
PRA	C	0.0%
CENX	B	0.0%
PRAA	C	0.0%
UNIT	B	0.0%
BJRI	B	0.0%
WNC	C	0.0%
BRKL	B	0.0%
DXPE	B	0.0%
SABR	C	0.0%
ODP	F	0.0%
MSEX	B	0.0%
SDGR	C	0.0%
CERT	F	0.0%
DCOM	A	0.0%
FDP	B	0.0%
NVEE	F	0.0%
PRG	C	0.0%
SNDR	B	0.0%
ARI	C	0.0%
VBTX	B	0.0%
BLMN	F	0.0%
GEF	A	0.0%
VRTS	B	0.0%
PGNY	F	0.0%
CBRL	C	0.0%
FBK	B	0.0%
SBSI	B	0.0%
INVA	D	0.0%
GTY	B	0.0%
DLX	B	0.0%
CARS	B	0.0%
UNFI	A	0.0%
TGI	B	0.0%
FOXF	F	0.0%
CRK	B	0.0%
STAA	F	0.0%
PBI	B	0.0%
MCRI	A	0.0%
SPNT	A	0.0%
DAN	D	0.0%
VIRT	B	0.0%
WABC	B	0.0%
KW	B	0.0%
MYGN	F	0.0%
USPH	B	0.0%
MD	B	0.0%
ALEX	C	0.0%
OXM	D	0.0%
XRX	F	0.0%
PMT	D	0.0%
UPBD	B	0.0%
SCL	C	0.0%
ALGM	D	0.0%
NWN	A	0.0%
UCTT	D	0.0%
XNCR	B	0.0%
WT	B	0.0%
FIZZ	C	0.0%
PFBC	B	0.0%
SBCF	A	0.0%
GO	C	0.0%
VECO	F	0.0%
AAT	B	0.0%
KALU	C	0.0%
BHLB	B	0.0%
THRM	D	0.0%
PLAY	D	0.0%
SAFT	C	0.0%
YOU	D	0.0%
BKE	B	0.0%
WOR	F	0.0%
TRIP	F	0.0%
CAL	D	0.0%
SJW	D	0.0%
SAH	A	0.0%
HLX	B	0.0%
ELME	D	0.0%
TNC	D	0.0%
LNN	B	0.0%
SHC	F	0.0%
MP	B	0.0%
DVAX	C	0.0%
ANDE	D	0.0%
WS	B	0.0%
GIII	D	0.0%
ECPG	B	0.0%
LTC	B	0.0%
LEG	F	0.0%
JOE	F	0.0%
MLKN	D	0.0%
PFS	B	0.0%
HMN	B	0.0%
TRUP	B	0.0%
PEB	D	0.0%
HLIT	D	0.0%
STC	B	0.0%
NTCT	C	0.0%
PLAB	C	0.0%
AMWD	C	0.0%
AMPH	D	0.0%
SCSC	B	0.0%
STBA	B	0.0%
NWBI	B	0.0%
BHE	B	0.0%
ENOV	C	0.0%
JBGS	D	0.0%
IART	C	0.0%
CALX	D	0.0%
LMAT	A	0.0%
TILE	B	0.0%
CNXC	F	0.0%
LGIH	D	0.0%
PDCO	D	0.0%
KN	B	0.0%
CENTA	C	0.0%
NHC	C	0.0%
NBHC	B	0.0%
WKC	D	0.0%
XHR	B	0.0%
OMCL	C	0.0%
CTS	C	0.0%
SONO	C	0.0%
UA	C	0.0%
ROG	D	0.0%
TNDM	F	0.0%
VRE	B	0.0%
WWW	B	0.0%
HELE	C	0.0%
GRBK	D	0.0%
SBH	C	0.0%
EIG	B	0.0%
CABO	C	0.0%
PZZA	D	0.0%
RCM	F	0.0%
LGND	B	0.0%
HOPE	B	0.0%
PSMT	C	0.0%
NGVT	B	0.0%
ADNT	F	0.0%
CSGS	B	0.0%
ADUS	D	0.0%
CUBI	C	0.0%
VSTS	C	0.0%
PRDO	B	0.0%
CCS	D	0.0%
THS	D	0.0%
RAMP	C	0.0%
VYX	B	0.0%
FCF	A	0.0%
HTH	B	0.0%
EPC	D	0.0%
LKFN	B	0.0%
UFPT	B	0.0%
FTRE	D	0.0%
DFIN	D	0.0%
SUPN	C	0.0%
NATL	B	0.0%
NEO	C	0.0%
DOCN	D	0.0%
UAA	C	0.0%
SATS	D	0.0%
HAYW	B	0.0%
ENR	B	0.0%
TFIN	A	0.0%
WGO	C	0.0%
LZB	B	0.0%
DRH	B	0.0%
MCY	A	0.0%
MTRN	C	0.0%
OI	C	0.0%
CAKE	C	0.0%
PRVA	B	0.0%
CAR	C	0.0%
FCPT	C	0.0%
CPK	A	0.0%
KSS	F	0.0%
EXTR	B	0.0%
OUT	A	0.0%
DIOD	D	0.0%
CNMD	C	0.0%
EVTC	B	0.0%
OFG	B	0.0%
CPRX	C	0.0%
PAYO	A	0.0%
ARWR	F	0.0%
RNST	B	0.0%
AGYS	A	0.0%
CRGY	B	0.0%
ROIC	A	0.0%
YELP	C	0.0%
ALG	B	0.0%
BANF	B	0.0%
GBX	A	0.0%
PLMR	B	0.0%
VSH	D	0.0%
JBLU	F	0.0%
BANC	A	0.0%
SHO	C	0.0%
AKR	B	0.0%
MRCY	B	0.0%
CHCO	B	0.0%
IPAR	B	0.0%
WERN	C	0.0%
IBTX	B	0.0%
CWEN	C	0.0%
COTY	F	0.0%
AIR	B	0.0%
B	B	0.0%
ROCK	C	0.0%
KWR	C	0.0%
VIAV	B	0.0%
BANR	B	0.0%
NMIH	D	0.0%
CWK	B	0.0%
RUN	F	0.0%
FL	F	0.0%
CRVL	A	0.0%
AROC	B	0.0%
CRI	D	0.0%
MPW	F	0.0%
ZD	C	0.0%
CPRI	F	0.0%
PTGX	C	0.0%
KMT	B	0.0%
STRA	C	0.0%
SNEX	B	0.0%
BFH	B	0.0%
HNI	B	0.0%
MYRG	B	0.0%
NBTB	B	0.0%
LXP	D	0.0%
TTMI	B	0.0%
KAR	B	0.0%
PATK	D	0.0%
OSIS	B	0.0%
PLUS	F	0.0%
JWN	C	0.0%
VCEL	B	0.0%
TGTX	B	0.0%
PHIN	A	0.0%
PPC	C	0.0%
IIPR	D	0.0%
AIN	C	0.0%
TRMK	B	0.0%
JJSF	B	0.0%
DV	C	0.0%
ALRM	C	0.0%
IPGP	D	0.0%
HI	C	0.0%
AZTA	D	0.0%
TDW	F	0.0%
URBN	C	0.0%
HCC	B	0.0%
NSP	D	0.0%
APOG	B	0.0%
ACLS	F	0.0%
FFBC	A	0.0%
NEOG	F	0.0%
CNS	B	0.0%
PTEN	C	0.0%
GT	C	0.0%
VSTO	A	0.0%
AZZ	B	0.0%
CWT	D	0.0%
AVA	A	0.0%
VC	D	0.0%
UCB	A	0.0%
COLM	B	0.0%
LBRT	D	0.0%
RXO	C	0.0%
UE	C	0.0%
NARI	C	0.0%
PPBI	B	0.0%
CXT	B	0.0%
AMED	F	0.0%
PINC	B	0.0%
MTX	B	0.0%

SPTM Underweight 14 Positions Relative to ALAI

Symbol	Grade	Weight
APP	B	-4.79%
TSM	B	-2.57%
VRT	B	-2.18%
DKNG	B	-1.77%
MELI	D	-1.45%
SPOT	B	-1.0%
ASML	F	-0.81%
SE	B	-0.8%
PINS	D	-0.79%
NTRA	B	-0.74%
MRVL	B	-0.48%
TTD	B	-0.43%
SHOP	B	-0.24%
HUBS	A	-0.2%