SPTM vs. VEA ETF Comparison

Comparison of SPDR Portfolio Total Stock Market ETF (SPTM) to Vanguard FTSE Developed Markets ETF (VEA)

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

$67.88

Average Daily Volume

325,238

Number of Holdings ^*

1465

* may have additional holdings in another (foreign) market

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$50.99

Average Daily Volume

8,877,932

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPTM	VEA
30 Days	4.00%	2.83%
60 Days	6.74%	2.19%
90 Days	8.97%	6.05%
12 Months	25.58%	12.89%

7 Overlapping Holdings

Symbol	Grade	Weight in SPTM	Weight in VEA	Overlap
ABBV	B	0.57%	0.35%	0.35%
AGCO	F	0.01%	0.03%	0.01%
CALX	D	0.0%	0.0%	0.0%
CTS	C	0.0%	0.0%	0.0%
RBA	B	0.03%	0.06%	0.03%
VGR	C	0.0%	0.0%	0.0%
XRX	F	0.0%	0.06%	0.0%

SPTM Overweight 1458 Positions Relative to VEA

Symbol	Grade	Weight
MSFT	C	6.78%
AAPL	B	6.32%
NVDA	C	6.25%
AMZN	C	3.59%
META	C	2.21%
GOOGL	C	2.16%
GOOG	C	1.81%
AVGO	B	1.49%
BRK.A	C	1.46%
LLY	B	1.42%
TSLA	C	1.35%
JPM	B	1.19%
XOM	D	1.02%
UNH	D	0.9%
V	F	0.84%
COST	C	0.76%
PG	D	0.76%
MA	D	0.74%
JNJ	D	0.69%
HD	C	0.66%
MRK	C	0.63%
WMT	B	0.58%
NFLX	C	0.58%
BAC	A	0.56%
AMD	C	0.53%
CVX	D	0.53%
ADBE	C	0.5%
CRM	F	0.5%
KO	B	0.49%
QCOM	C	0.45%
ORCL	B	0.45%
PEP	D	0.44%
LIN	C	0.42%
WFC	B	0.42%
AMAT	C	0.41%
TMO	D	0.41%
CSCO	D	0.38%
ACN	D	0.38%
INTU	C	0.37%
DIS	F	0.36%
TXN	B	0.36%
MCD	D	0.36%
GE	D	0.35%
ABT	D	0.35%
VZ	B	0.34%
AMGN	B	0.33%
IBM	C	0.32%
NOW	C	0.32%
CAT	D	0.32%
PFE	C	0.31%
PM	A	0.31%
DHR	D	0.31%
MU	C	0.3%
GS	A	0.3%
ISRG	B	0.3%
SPGI	A	0.29%
UBER	C	0.29%
NEE	C	0.29%
CMCSA	F	0.29%
HON	B	0.28%
LRCX	C	0.28%
RTX	D	0.27%
BKNG	C	0.27%
AXP	B	0.27%
COP	D	0.27%
UNP	D	0.27%
INTC	D	0.26%
T	B	0.26%
C	B	0.25%
ELV	C	0.25%
TJX	A	0.25%
MS	A	0.25%
ETN	C	0.25%
VRTX	A	0.24%
PGR	B	0.24%
LOW	C	0.24%
ADI	B	0.23%
KLAC	B	0.23%
REGN	B	0.22%
SCHW	C	0.22%
BLK	B	0.22%
BSX	B	0.22%
SYK	C	0.22%
PLD	C	0.21%
CB	D	0.21%
BA	D	0.21%
MMC	A	0.21%
PANW	C	0.21%
LMT	D	0.2%
MDT	D	0.2%
CI	D	0.19%
ADP	F	0.19%
UPS	F	0.19%
CRWD	C	0.18%
AMT	B	0.18%
MDLZ	F	0.18%
TMUS	B	0.18%
ANET	C	0.18%
SNPS	B	0.18%
NKE	F	0.18%
DE	F	0.18%
GILD	C	0.17%
CMG	D	0.17%
SO	B	0.17%
CDNS	C	0.17%
SBUX	F	0.17%
BX	B	0.17%
CL	B	0.16%
ICE	A	0.16%
APH	B	0.16%
ZTS	C	0.16%
BMY	F	0.16%
MO	A	0.16%
CVS	F	0.15%
FCX	C	0.15%
EOG	B	0.15%
TT	A	0.15%
DUK	B	0.15%
WM	B	0.15%
MCK	C	0.15%
FDX	B	0.14%
CEG	C	0.14%
SHW	C	0.14%
NXPI	B	0.14%
CME	D	0.14%
EQIX	C	0.14%
KKR	B	0.14%
TDG	D	0.14%
AON	C	0.13%
PYPL	D	0.13%
GD	D	0.13%
HCA	D	0.13%
MSI	B	0.13%
ITW	D	0.13%
ABNB	D	0.13%
BDX	F	0.13%
CSX	C	0.13%
TGT	C	0.13%
PH	C	0.13%
MCO	A	0.13%
SLB	D	0.13%
WELL	B	0.12%
ROP	C	0.12%
ECL	A	0.12%
MAR	C	0.12%
MPC	F	0.12%
ORLY	C	0.12%
CTAS	B	0.12%
USB	B	0.12%
NOC	F	0.12%
PSX	D	0.12%
EMR	B	0.12%
PNC	A	0.12%
CARR	B	0.11%
VLO	D	0.11%
GM	B	0.11%
EW	B	0.11%
HLT	B	0.11%
APD	D	0.11%
AJG	A	0.11%
MMM	B	0.11%
ROST	A	0.1%
AFL	A	0.1%
OKE	A	0.1%
NSC	D	0.1%
AZO	C	0.1%
MCHP	D	0.1%
F	B	0.1%
NEM	A	0.1%
WMB	B	0.1%
TFC	A	0.1%
ADSK	C	0.1%
AIG	C	0.1%
PCAR	D	0.1%
COF	C	0.1%
PRU	A	0.09%
MET	C	0.09%
HUM	D	0.09%
AMP	B	0.09%
URI	C	0.09%
FIS	C	0.09%
AEP	C	0.09%
PSA	B	0.09%
JCI	C	0.09%
DLR	B	0.09%
BK	A	0.09%
TRV	D	0.09%
KMB	A	0.09%
GEV	B	0.09%
TEL	A	0.09%
CPRT	B	0.09%
SPG	B	0.09%
SRE	B	0.09%
AME	C	0.08%
MRNA	D	0.08%
FICO	A	0.08%
FTNT	D	0.08%
KMI	A	0.08%
MSCI	C	0.08%
NUE	D	0.08%
SMCI	C	0.08%
VRSK	B	0.08%
OTIS	B	0.08%
IDXX	D	0.08%
MPWR	C	0.08%
HES	D	0.08%
D	C	0.08%
STZ	B	0.08%
RSG	A	0.08%
GWW	D	0.08%
OXY	D	0.08%
CCI	C	0.08%
DHI	C	0.08%
ALL	D	0.08%
LHX	A	0.08%
DXCM	D	0.08%
O	C	0.08%
KDP	D	0.07%
DFS	B	0.07%
MLM	D	0.07%
KR	C	0.07%
ADM	C	0.07%
EXC	D	0.07%
DD	B	0.07%
EA	B	0.07%
CTSH	C	0.07%
LULU	F	0.07%
BKR	B	0.07%
IT	C	0.07%
RCL	B	0.07%
SYY	D	0.07%
LEN	C	0.07%
FAST	D	0.07%
FANG	B	0.07%
CMI	C	0.07%
YUM	F	0.07%
PWR	D	0.07%
PCG	C	0.07%
CNC	D	0.07%
ACGL	D	0.07%
MNST	D	0.07%
GIS	D	0.07%
A	D	0.07%
IR	B	0.07%
CTVA	D	0.07%
DOW	F	0.07%
PEG	B	0.07%
PAYX	F	0.07%
IQV	D	0.07%
VICI	C	0.06%
EBAY	B	0.06%
AVB	C	0.06%
WAB	D	0.06%
ANSS	C	0.06%
TSCO	D	0.06%
MTD	D	0.06%
EFX	C	0.06%
XEL	D	0.06%
CDW	D	0.06%
GLW	B	0.06%
PPG	D	0.06%
HAL	F	0.06%
DAL	D	0.06%
TRGP	A	0.06%
GEHC	C	0.06%
HPQ	C	0.06%
CHTR	D	0.06%
CSGP	F	0.06%
HIG	C	0.06%
ED	D	0.06%
DVN	D	0.06%
ROK	C	0.06%
HWM	D	0.06%
VMC	C	0.06%
KVUE	F	0.06%
ON	D	0.06%
VST	C	0.06%
EXR	B	0.06%
XYL	D	0.06%
BIIB	C	0.06%
ODFL	C	0.06%
DLTR	F	0.05%
NVR	B	0.05%
DECK	D	0.05%
EQR	C	0.05%
BR	B	0.05%
TER	B	0.05%
IFF	B	0.05%
CAH	F	0.05%
STT	B	0.05%
WST	D	0.05%
GRMN	C	0.05%
KEYS	D	0.05%
WDC	B	0.05%
EL	F	0.05%
WEC	D	0.05%
LYB	F	0.05%
TTWO	F	0.05%
FTV	D	0.05%
MTB	A	0.05%
FSLR	D	0.05%
AWK	C	0.05%
FITB	B	0.05%
GPN	F	0.05%
DOV	C	0.05%
KHC	D	0.05%
CHD	D	0.05%
TROW	B	0.05%
IRM	B	0.05%
HPE	B	0.05%
WTW	B	0.05%
EIX	C	0.05%
CBRE	B	0.05%
HSY	D	0.05%
NTAP	B	0.05%
DG	D	0.05%
RMD	D	0.05%
CCL	C	0.04%
MOH	F	0.04%
TDY	D	0.04%
CINF	B	0.04%
AVY	D	0.04%
WSM	C	0.04%
DPZ	D	0.04%
J	C	0.04%
ARE	B	0.04%
LII	B	0.04%
EXPD	B	0.04%
CBOE	F	0.04%
PSTG	B	0.04%
HOLX	B	0.04%
GPC	D	0.04%
HBAN	C	0.04%
ULTA	D	0.04%
NRG	D	0.04%
RF	A	0.04%
ES	C	0.04%
BALL	D	0.04%
STLD	C	0.04%
APTV	F	0.04%
CNP	D	0.04%
VTR	A	0.04%
CPAY	C	0.04%
SYF	A	0.04%
LDOS	B	0.04%
FE	C	0.04%
CSL	B	0.04%
WY	D	0.04%
STX	B	0.04%
HUBB	D	0.04%
CTRA	D	0.04%
INVH	C	0.04%
TYL	B	0.04%
BRO	B	0.04%
SBAC	C	0.04%
PPL	D	0.04%
AXON	D	0.04%
VLTO	D	0.04%
NDAQ	B	0.04%
GDDY	C	0.04%
ETR	D	0.04%
STE	D	0.04%
PTC	C	0.04%
ZBH	F	0.04%
RJF	D	0.04%
DTE	C	0.04%
PHM	C	0.04%
FNF	C	0.03%
WING	D	0.03%
LNT	B	0.03%
SAIA	D	0.03%
CASY	B	0.03%
TOL	C	0.03%
DKS	C	0.03%
DOC	B	0.03%
NBIX	B	0.03%
KIM	C	0.03%
EQH	A	0.03%
WRK	C	0.03%
ENPH	F	0.03%
GGG	D	0.03%
IBKR	D	0.03%
CF	F	0.03%
JBHT	D	0.03%
CE	D	0.03%
RGA	A	0.03%
AKAM	D	0.03%
CAG	F	0.03%
LYV	C	0.03%
L	C	0.03%
KEY	B	0.03%
PODD	C	0.03%
AMCR	D	0.03%
TPL	B	0.03%
UTHR	B	0.03%
JBL	F	0.03%
TRMB	C	0.03%
ROL	C	0.03%
RPM	D	0.03%
SNA	D	0.03%
SRPT	C	0.03%
THC	B	0.03%
K	D	0.03%
MAS	C	0.03%
UAL	D	0.03%
IEX	D	0.03%
IP	C	0.03%
OC	C	0.03%
BURL	A	0.03%
EQT	D	0.03%
BMRN	C	0.03%
EG	C	0.03%
MANH	C	0.03%
WSO	B	0.03%
LVS	F	0.03%
VRSN	D	0.03%
FDS	D	0.03%
WBD	F	0.03%
DGX	B	0.03%
EXPE	C	0.03%
MAA	B	0.03%
RS	C	0.03%
CLX	D	0.03%
BG	B	0.03%
BLDR	F	0.03%
TSN	D	0.03%
LUV	D	0.03%
BBY	B	0.03%
ILMN	D	0.03%
ZBRA	B	0.03%
CFG	A	0.03%
WRB	D	0.03%
CMS	D	0.03%
MRO	B	0.03%
BAX	D	0.03%
PKG	C	0.03%
WAT	D	0.03%
TXT	C	0.03%
ESS	B	0.03%
ATO	B	0.03%
SWKS	B	0.03%
MKC	C	0.03%
DRI	F	0.03%
EME	D	0.03%
NTRS	B	0.03%
AEE	C	0.03%
ALGN	F	0.03%
OMC	C	0.03%
PFG	C	0.03%
CRUS	B	0.02%
FHN	A	0.02%
AXTA	C	0.02%
NYT	B	0.02%
BWA	F	0.02%
MUSA	B	0.02%
AIT	C	0.02%
CZR	D	0.02%
BRBR	D	0.02%
EVR	A	0.02%
VOYA	D	0.02%
OHI	A	0.02%
WEX	F	0.02%
CLF	F	0.02%
WBA	F	0.02%
GPK	D	0.02%
DAY	F	0.02%
MKTX	D	0.02%
WBS	C	0.02%
MORN	B	0.02%
DINO	F	0.02%
HRB	C	0.02%
RBC	C	0.02%
MTCH	D	0.02%
PRI	B	0.02%
CHE	F	0.02%
WTRG	C	0.02%
TREX	D	0.02%
KNSL	F	0.02%
GNTX	C	0.02%
RGLD	A	0.02%
FN	B	0.02%
AFG	D	0.02%
CGNX	C	0.02%
LSCC	F	0.02%
ALV	D	0.02%
X	C	0.02%
CELH	F	0.02%
JEF	A	0.02%
GNRC	C	0.02%
HRL	F	0.02%
AIZ	D	0.02%
SKX	D	0.02%
KNX	C	0.02%
ORI	C	0.02%
SF	B	0.02%
BXP	B	0.02%
WYNN	F	0.02%
TPR	C	0.02%
ARMK	C	0.02%
EHC	B	0.02%
CG	C	0.02%
BWXT	C	0.02%
TPX	D	0.02%
CCK	D	0.02%
PNW	B	0.02%
FOXA	A	0.02%
COHR	B	0.02%
DCI	D	0.02%
BBWI	F	0.02%
HSIC	D	0.02%
ATR	D	0.02%
CHK	D	0.02%
WFRD	B	0.02%
KBR	D	0.02%
RRC	D	0.02%
ANF	C	0.02%
UNM	D	0.02%
CACI	B	0.02%
REXR	C	0.02%
ERIE	D	0.02%
AR	D	0.02%
LNW	B	0.02%
RRX	D	0.02%
MOS	F	0.02%
CTLT	B	0.02%
MEDP	B	0.02%
OLED	B	0.02%
CPB	B	0.02%
CHDN	B	0.02%
TTC	C	0.02%
TAP	F	0.02%
TFX	C	0.02%
SFM	B	0.02%
CROX	D	0.02%
AOS	C	0.02%
WMS	D	0.02%
PFGC	F	0.02%
CUBE	B	0.02%
CRL	D	0.02%
WWD	D	0.02%
UHS	B	0.02%
CHRW	C	0.02%
REG	B	0.02%
FND	F	0.02%
SCI	C	0.02%
APA	D	0.02%
EWBC	C	0.02%
ONTO	C	0.02%
JLL	A	0.02%
HII	D	0.02%
CW	B	0.02%
LAMR	C	0.02%
ALLE	C	0.02%
EPAM	F	0.02%
FFIV	C	0.02%
FIX	D	0.02%
DT	F	0.02%
INCY	B	0.02%
CHRD	D	0.02%
NWSA	A	0.02%
RNR	D	0.02%
ALLY	A	0.02%
CPT	B	0.02%
USFD	D	0.02%
TXRH	D	0.02%
CLH	B	0.02%
ELF	B	0.02%
LECO	F	0.02%
BJ	B	0.02%
NI	A	0.02%
ELS	C	0.02%
ITT	C	0.02%
IPG	F	0.02%
TECH	D	0.02%
TTEK	D	0.02%
QRVO	B	0.02%
EMN	D	0.02%
SJM	F	0.02%
LKQ	D	0.02%
POOL	F	0.02%
GLPI	B	0.02%
NDSN	D	0.02%
WPC	C	0.02%
MGM	C	0.02%
AMH	C	0.02%
ALB	F	0.02%
JNPR	B	0.02%
AES	D	0.02%
EVRG	C	0.02%
ACM	D	0.02%
KMX	C	0.02%
OVV	D	0.02%
UDR	B	0.02%
LW	F	0.02%
BLD	C	0.02%
HST	D	0.02%
VTRS	C	0.02%
XPO	D	0.02%
NVT	D	0.02%
PNR	D	0.02%
JKHY	D	0.02%
SWK	D	0.02%
AWR	C	0.01%
DV	F	0.01%
PCH	F	0.01%
PRGS	C	0.01%
RUSHA	C	0.01%
UNF	C	0.01%
BTU	D	0.01%
WOLF	F	0.01%
MHO	C	0.01%
AIN	D	0.01%
RUN	D	0.01%
RXO	B	0.01%
NVST	F	0.01%
BOOT	C	0.01%
IIPR	A	0.01%
BKU	B	0.01%
NWE	C	0.01%
SMG	D	0.01%
VLY	D	0.01%
DORM	D	0.01%
ABR	B	0.01%
NEOG	C	0.01%
NOG	C	0.01%
MGEE	C	0.01%
SKT	D	0.01%
DIOD	C	0.01%
ALRM	C	0.01%
FHB	B	0.01%
CATY	C	0.01%
STRA	D	0.01%
MTX	C	0.01%
LCII	D	0.01%
LIVN	F	0.01%
CRI	F	0.01%
FULT	A	0.01%
NARI	C	0.01%
APAM	D	0.01%
ABCB	A	0.01%
PENN	C	0.01%
EAT	D	0.01%
LRN	D	0.01%
HIW	B	0.01%
WD	C	0.01%
HCC	C	0.01%
CNXC	D	0.01%
ESE	C	0.01%
NPO	C	0.01%
GNW	D	0.01%
FTDR	D	0.01%
URBN	A	0.01%
HUBG	C	0.01%
IPGP	D	0.01%
REZI	D	0.01%
CACC	C	0.01%
JBT	D	0.01%
COTY	F	0.01%
YETI	D	0.01%
SFBS	B	0.01%
WEN	D	0.01%
AMED	A	0.01%
HI	D	0.01%
SHAK	D	0.01%
BXMT	C	0.01%
GMS	D	0.01%
PNM	D	0.01%
VSH	C	0.01%
UMBF	A	0.01%
ARCH	F	0.01%
APLE	D	0.01%
VAC	F	0.01%
TCBI	B	0.01%
WDFC	D	0.01%
KTB	D	0.01%
LANC	D	0.01%
SMPL	D	0.01%
AEO	D	0.01%
KLIC	C	0.01%
SAM	D	0.01%
EPR	C	0.01%
ARCB	D	0.01%
TGNA	C	0.01%
NSP	F	0.01%
HASI	C	0.01%
VC	F	0.01%
GFF	D	0.01%
PLXS	C	0.01%
GT	F	0.01%
FHI	B	0.01%
AZTA	D	0.01%
HGV	C	0.01%
EPRT	B	0.01%
SR	B	0.01%
NSA	B	0.01%
CORT	C	0.01%
AX	B	0.01%
DOCS	C	0.01%
GVA	C	0.01%
IBOC	A	0.01%
IOSP	D	0.01%
PTEN	F	0.01%
MAC	C	0.01%
SYNA	F	0.01%
BRC	C	0.01%
SXT	B	0.01%
LBRT	D	0.01%
IAC	F	0.01%
ORA	C	0.01%
ASB	C	0.01%
SHOO	B	0.01%
KRC	C	0.01%
ABM	B	0.01%
ALE	C	0.01%
SBRA	B	0.01%
ZI	F	0.01%
BGC	A	0.01%
PIPR	A	0.01%
GBCI	C	0.01%
BKH	C	0.01%
CVCO	C	0.01%
ATGE	A	0.01%
KMPR	B	0.01%
SLGN	D	0.01%
CRC	C	0.01%
WHD	B	0.01%
NEU	D	0.01%
CUZ	B	0.01%
OGS	C	0.01%
ENV	D	0.01%
AVNT	D	0.01%
MSGS	C	0.01%
CEIX	C	0.01%
PBH	B	0.01%
PAG	C	0.01%
CHH	C	0.01%
PK	F	0.01%
NWS	A	0.01%
IRDM	F	0.01%
TPH	B	0.01%
DXC	D	0.01%
SLAB	F	0.01%
AVAV	D	0.01%
IDCC	B	0.01%
KNF	C	0.01%
PRGO	F	0.01%
MSM	F	0.01%
POWI	D	0.01%
UBSI	C	0.01%
OTTR	D	0.01%
CC	F	0.01%
KFY	C	0.01%
ITGR	C	0.01%
TDC	D	0.01%
BDC	C	0.01%
BOX	F	0.01%
SWX	D	0.01%
RH	D	0.01%
CNO	A	0.01%
NJR	C	0.01%
BLKB	D	0.01%
COLB	C	0.01%
MC	B	0.01%
TNL	C	0.01%
HOMB	B	0.01%
POR	C	0.01%
VRRM	B	0.01%
FELE	C	0.01%
CPRI	D	0.01%
PECO	C	0.01%
ACA	C	0.01%
AMR	D	0.01%
SEM	A	0.01%
FBP	A	0.01%
SLG	B	0.01%
CNX	B	0.01%
RYN	F	0.01%
FLO	F	0.01%
AAP	F	0.01%
TEX	D	0.01%
MAN	F	0.01%
ALKS	F	0.01%
AEIS	C	0.01%
ITRI	D	0.01%
HP	D	0.01%
FUL	C	0.01%
FFIN	C	0.01%
HOG	D	0.01%
LITE	B	0.01%
GPI	D	0.01%
HAE	C	0.01%
SKYW	B	0.01%
VFC	D	0.01%
VMI	B	0.01%
VNO	C	0.01%
AMKR	B	0.01%
AGO	C	0.01%
HWC	A	0.01%
MMSI	B	0.01%
LOPE	C	0.01%
BYD	C	0.01%
ABG	C	0.01%
WMG	F	0.01%
AN	C	0.01%
ASGN	D	0.01%
ASO	F	0.01%
KRYS	B	0.01%
AM	B	0.01%
PII	F	0.01%
ENS	B	0.01%
SANM	A	0.01%
GATX	A	0.01%
IBP	C	0.01%
VAL	B	0.01%
IRT	B	0.01%
JXN	B	0.01%
FNB	A	0.01%
THG	D	0.01%
BCC	D	0.01%
IDA	C	0.01%
MATX	C	0.01%
SIG	D	0.01%
TDW	D	0.01%
ACIW	A	0.01%
ACLS	C	0.01%
MARA	D	0.01%
UGI	D	0.01%
SLM	C	0.01%
QLYS	F	0.01%
EXPO	B	0.01%
DLB	D	0.01%
BC	D	0.01%
FORM	C	0.01%
MGY	B	0.01%
KD	C	0.01%
SNX	D	0.01%
NFG	C	0.01%
OPCH	D	0.01%
OZK	C	0.01%
ONB	A	0.01%
FOX	A	0.01%
KRG	B	0.01%
WLK	D	0.01%
CADE	B	0.01%
AL	C	0.01%
RDN	B	0.01%
COKE	C	0.01%
AAON	C	0.01%
GKOS	A	0.01%
AWI	C	0.01%
WU	D	0.01%
GPS	C	0.01%
AVT	C	0.01%
MOG.A	B	0.01%
THO	D	0.01%
ALK	F	0.01%
SON	F	0.01%
BCO	B	0.01%
SIGI	D	0.01%
BCPC	B	0.01%
APPF	B	0.01%
PCTY	F	0.01%
ASH	D	0.01%
MDU	C	0.01%
OGN	C	0.01%
BIO	D	0.01%
FSS	C	0.01%
CBT	D	0.01%
WTS	D	0.01%
GTLS	C	0.01%
JHG	B	0.01%
EXLS	B	0.01%
PBF	F	0.01%
AMG	C	0.01%
ETRN	D	0.01%
LNTH	B	0.01%
SRCL	B	0.01%
EEFT	D	0.01%
ESAB	D	0.01%
OLLI	A	0.01%
POST	B	0.01%
MASI	F	0.01%
MMS	B	0.01%
CRS	B	0.01%
SEE	D	0.01%
NXST	B	0.01%
SM	D	0.01%
LPX	D	0.01%
XRAY	F	0.01%
WTFC	B	0.01%
R	C	0.01%
TKR	D	0.01%
G	D	0.01%
DY	B	0.01%
VNT	C	0.01%
PARA	D	0.01%
M	C	0.01%
MTSI	B	0.01%
PB	C	0.01%
WHR	C	0.01%
MTH	C	0.01%
NOVT	C	0.01%
LNC	B	0.01%
NSIT	C	0.01%
ALTR	B	0.01%
HXL	D	0.01%
BMI	C	0.01%
OLN	D	0.01%
FAF	D	0.01%
GME	C	0.01%
RGEN	F	0.01%
RLI	D	0.01%
CFR	C	0.01%
ST	C	0.01%
MAT	F	0.01%
SSB	B	0.01%
PNFP	C	0.01%
TMHC	C	0.01%
IVZ	C	0.01%
ESNT	B	0.01%
FYBR	B	0.01%
RYAN	C	0.01%
GXO	D	0.01%
COOP	B	0.01%
STWD	C	0.01%
JAZZ	F	0.01%
CIVI	D	0.01%
KBH	B	0.01%
CNM	D	0.01%
VVV	B	0.01%
MTZ	D	0.01%
CYTK	D	0.01%
MTG	A	0.01%
FIVE	F	0.01%
ACHC	D	0.01%
SNV	A	0.01%
WH	C	0.01%
DAR	F	0.01%
CVLT	B	0.01%
MUR	D	0.01%
PEN	F	0.01%
DBX	F	0.01%
ADC	B	0.01%
BRKR	F	0.01%
BEN	D	0.01%
HQY	D	0.01%
FR	B	0.01%
MSA	B	0.01%
PVH	D	0.01%
PR	C	0.01%
PLNT	B	0.01%
CMC	C	0.01%
FLS	C	0.01%
SPSC	C	0.01%
MLI	B	0.01%
LEA	F	0.01%
STAG	B	0.01%
LFUS	C	0.01%
MHK	C	0.01%
MTDR	C	0.01%
CHX	D	0.01%
SEIC	C	0.01%
SAIC	D	0.01%
ENSG	B	0.01%
DTM	B	0.01%
ARW	D	0.01%
RL	C	0.01%
MTN	F	0.01%
KEX	B	0.01%
UFPI	C	0.01%
HALO	B	0.01%
CBSH	B	0.01%
PAYC	F	0.01%
BRX	B	0.01%
SWN	D	0.01%
H	B	0.01%
EXEL	B	0.01%
AAL	F	0.01%
HLI	A	0.01%
DUOL	F	0.01%
SSD	C	0.01%
MIDD	D	0.01%
ZION	A	0.01%
CMA	A	0.01%
LSTR	F	0.01%
FCN	C	0.01%
GL	D	0.01%
CR	C	0.01%
SOLV	F	0.01%
BERY	C	0.01%
ETSY	F	0.01%
EGP	B	0.01%
FMC	F	0.01%
RMBS	C	0.01%
LAD	D	0.01%
WCC	D	0.01%
RHI	F	0.01%
AA	D	0.01%
OGE	B	0.01%
OSK	D	0.01%
CIEN	F	0.01%
MKSI	B	0.01%
NOV	C	0.01%
FRT	A	0.01%
HAS	D	0.01%
NCLH	C	0.01%
NNN	A	0.01%
FLR	A	0.01%
DVA	C	0.01%
GMED	A	0.01%
ATI	D	0.01%
INGR	D	0.01%
AYI	D	0.01%
EXP	D	0.01%
BMTX	D	0.0%
NPK	D	0.0%
KLG	F	0.0%
SNCY	D	0.0%
REX	D	0.0%
SPWR	F	0.0%
FLGT	F	0.0%
AMCX	F	0.0%
COLL	D	0.0%
RILY	F	0.0%
PAHC	C	0.0%
MLAB	D	0.0%
ANIP	C	0.0%
MERC	F	0.0%
THRY	F	0.0%
CNSL	B	0.0%
BGS	F	0.0%
CRSR	F	0.0%
WRLD	C	0.0%
FBNC	B	0.0%
CMP	F	0.0%
TALO	D	0.0%
UFCS	D	0.0%
KREF	D	0.0%
CVGW	F	0.0%
RGNX	F	0.0%
SXC	C	0.0%
UHT	C	0.0%
HVT	F	0.0%
DDD	D	0.0%
CEVA	D	0.0%
MOV	D	0.0%
SMP	F	0.0%
MYE	F	0.0%
CCRN	F	0.0%
TWI	F	0.0%
RES	F	0.0%
CTKB	D	0.0%
CHUY	F	0.0%
XPEL	F	0.0%
JBSS	D	0.0%
CHCT	D	0.0%
DIN	F	0.0%
CSR	B	0.0%
GDOT	D	0.0%
IIIN	D	0.0%
DBI	F	0.0%
SLP	F	0.0%
CENT	F	0.0%
LQDT	B	0.0%
TRST	B	0.0%
MCW	F	0.0%
HZO	C	0.0%
UNIT	D	0.0%
LESL	F	0.0%
HAFC	C	0.0%
NUS	F	0.0%
EZPW	D	0.0%
VREX	F	0.0%
HCI	F	0.0%
NBR	D	0.0%
FWRD	D	0.0%
WSR	A	0.0%
GDEN	F	0.0%
HTZ	F	0.0%
TR	D	0.0%
EFC	A	0.0%
AMBC	F	0.0%
USNA	F	0.0%
HFWA	C	0.0%
HSII	D	0.0%
HAIN	F	0.0%
VVI	C	0.0%
RC	C	0.0%
TMP	C	0.0%
AHH	C	0.0%
ASTE	F	0.0%
HTLD	D	0.0%
DRQ	F	0.0%
BLFS	C	0.0%
MD	F	0.0%
SPTN	D	0.0%
INN	D	0.0%
VICR	D	0.0%
EGBN	D	0.0%
BFS	B	0.0%
BSIG	B	0.0%
KOP	F	0.0%
VIR	F	0.0%
GOGO	F	0.0%
DCOM	C	0.0%
AXL	F	0.0%
RCUS	F	0.0%
UNFI	D	0.0%
ALGT	F	0.0%
EMBC	D	0.0%
ZEUS	F	0.0%
DGII	F	0.0%
CPF	A	0.0%
RGR	F	0.0%
GNL	C	0.0%
DXPE	D	0.0%
CFFN	C	0.0%
KELYA	F	0.0%
HRMY	C	0.0%
BRKL	C	0.0%
ASIX	F	0.0%
FDP	D	0.0%
NVRI	C	0.0%
SGH	B	0.0%
GES	D	0.0%
NXRT	C	0.0%
PUMP	F	0.0%
AMSF	D	0.0%
RWT	C	0.0%
UTL	A	0.0%
HPP	D	0.0%
QNST	D	0.0%
PRA	F	0.0%
BDN	C	0.0%
PRG	D	0.0%
EXPI	D	0.0%
CLW	D	0.0%
CWEN	D	0.0%
DEA	B	0.0%
VIRT	D	0.0%
CVI	F	0.0%
HCSG	D	0.0%
ICHR	C	0.0%
GPRE	F	0.0%
MMI	C	0.0%
TTGT	C	0.0%
MNRO	F	0.0%
VBTX	B	0.0%
FBK	A	0.0%
SABR	D	0.0%
ASTH	B	0.0%
SSTK	F	0.0%
ETD	D	0.0%
AOSL	B	0.0%
CNXN	D	0.0%
MATW	F	0.0%
SHEN	D	0.0%
ATEN	D	0.0%
IRWD	D	0.0%
SVC	F	0.0%
PRLB	D	0.0%
UVV	D	0.0%
VSAT	F	0.0%
NAVI	D	0.0%
TRUP	C	0.0%
CHEF	B	0.0%
SBSI	C	0.0%
MSEX	D	0.0%
NX	F	0.0%
SCVL	B	0.0%
VTOL	C	0.0%
HSTM	B	0.0%
PRAA	F	0.0%
CLB	C	0.0%
AHCO	D	0.0%
MATV	D	0.0%
AVNS	C	0.0%
HAYN	B	0.0%
GEF	D	0.0%
CBRL	F	0.0%
PCRX	F	0.0%
DNOW	D	0.0%
OMI	F	0.0%
TILE	D	0.0%
MCRI	C	0.0%
CRK	D	0.0%
INVA	B	0.0%
OMCL	F	0.0%
GTY	C	0.0%
MRTN	D	0.0%
BHLB	B	0.0%
NABL	B	0.0%
EYE	F	0.0%
CENX	C	0.0%
SPNT	C	0.0%
ARLO	B	0.0%
LUMN	F	0.0%
SBCF	C	0.0%
PFS	C	0.0%
JACK	F	0.0%
WWW	D	0.0%
TGI	B	0.0%
BKE	C	0.0%
BJRI	B	0.0%
XNCR	F	0.0%
WABC	C	0.0%
PFBC	C	0.0%
CXM	F	0.0%
PBI	A	0.0%
SDGR	F	0.0%
VRTS	C	0.0%
AAT	A	0.0%
DLX	C	0.0%
MP	F	0.0%
PDFS	C	0.0%
ALEX	C	0.0%
NVEE	D	0.0%
WS	C	0.0%
SHC	D	0.0%
NWN	C	0.0%
SCHL	D	0.0%
MGPI	F	0.0%
KW	D	0.0%
ARI	C	0.0%
CARS	C	0.0%
WNC	F	0.0%
SAH	D	0.0%
HMN	D	0.0%
SAFT	C	0.0%
UA	D	0.0%
VSCO	D	0.0%
DVAX	F	0.0%
STBA	A	0.0%
UAA	D	0.0%
AMWD	D	0.0%
NWBI	B	0.0%
LGND	B	0.0%
SEDG	F	0.0%
GIII	F	0.0%
USPH	F	0.0%
PARR	F	0.0%
ECPG	D	0.0%
NTCT	F	0.0%
LMAT	A	0.0%
PLAY	F	0.0%
STC	B	0.0%
LNN	F	0.0%
CSGS	D	0.0%
COHU	C	0.0%
NBHC	A	0.0%
AMPH	F	0.0%
GSHD	F	0.0%
PMT	C	0.0%
BHE	C	0.0%
SUPN	C	0.0%
RCM	D	0.0%
GRBK	A	0.0%
LTC	B	0.0%
FCF	B	0.0%
HOPE	B	0.0%
HIBB	A	0.0%
EIG	B	0.0%
FIZZ	C	0.0%
LGIH	D	0.0%
SCSC	D	0.0%
SBH	C	0.0%
SJW	D	0.0%
MCY	D	0.0%
SCL	C	0.0%
SLCA	D	0.0%
CERT	F	0.0%
CPRX	C	0.0%
LEG	D	0.0%
LPG	D	0.0%
VSTS	D	0.0%
NHC	B	0.0%
BANF	C	0.0%
PRDO	D	0.0%
MXL	C	0.0%
ROIC	C	0.0%
HAYW	D	0.0%
BANR	B	0.0%
HLIT	C	0.0%
KALU	D	0.0%
MODG	D	0.0%
MRCY	D	0.0%
LKFN	C	0.0%
CAL	D	0.0%
CAKE	D	0.0%
CABO	F	0.0%
ANDE	F	0.0%
PRVA	D	0.0%
IBTX	B	0.0%
THRM	D	0.0%
GO	F	0.0%
OUT	C	0.0%
KN	A	0.0%
POWL	D	0.0%
ENOV	F	0.0%
PSMT	D	0.0%
AKR	B	0.0%
OI	F	0.0%
XHR	C	0.0%
VIAV	F	0.0%
WOR	F	0.0%
CUBI	B	0.0%
SATS	C	0.0%
GBX	F	0.0%
PZZA	F	0.0%
BLMN	F	0.0%
EXTR	D	0.0%
PLAB	D	0.0%
HBI	C	0.0%
CCS	C	0.0%
TNC	D	0.0%
OXM	D	0.0%
CRVL	B	0.0%
PLMR	C	0.0%
JOE	C	0.0%
NEO	D	0.0%
JBGS	C	0.0%
PEB	D	0.0%
MLKN	C	0.0%
LZB	B	0.0%
ENVA	A	0.0%
CWK	A	0.0%
HLX	A	0.0%
ENR	C	0.0%
RNST	B	0.0%
BANC	C	0.0%
NGVT	F	0.0%
ODP	F	0.0%
TRIP	F	0.0%
CPK	C	0.0%
WGO	F	0.0%
DOCN	D	0.0%
OFG	A	0.0%
ADUS	B	0.0%
CHCO	B	0.0%
FCPT	B	0.0%
FOXF	D	0.0%
HTH	C	0.0%
JBLU	C	0.0%
CENTA	D	0.0%
DAN	F	0.0%
AGYS	B	0.0%
DRH	D	0.0%
CXW	D	0.0%
ALG	F	0.0%
UFPT	B	0.0%
INDB	C	0.0%
MTRN	D	0.0%
CNS	B	0.0%
SONO	F	0.0%
NBTB	B	0.0%
SITM	B	0.0%
DFIN	D	0.0%
SNEX	B	0.0%
NATL	C	0.0%
IPAR	D	0.0%
PHIN	D	0.0%
KMT	D	0.0%
PPC	C	0.0%
TRMK	A	0.0%
FFBC	B	0.0%
CASH	B	0.0%
APOG	D	0.0%
STAA	C	0.0%
CNMD	F	0.0%
HNI	A	0.0%
UCTT	B	0.0%
WERN	D	0.0%
EVTC	F	0.0%
ICUI	C	0.0%
TBBK	C	0.0%
HWKN	B	0.0%
SFNC	B	0.0%
B	B	0.0%
CWEN	D	0.0%
ALGM	C	0.0%
PTGX	B	0.0%
MYGN	B	0.0%
UCBI	C	0.0%
ROG	C	0.0%
PRK	B	0.0%
TTMI	B	0.0%
CAR	F	0.0%
IART	D	0.0%
SMTC	C	0.0%
PATK	C	0.0%
GEO	B	0.0%
AROC	A	0.0%
THS	D	0.0%
AMN	F	0.0%
CVBF	C	0.0%
YELP	F	0.0%
PDCO	F	0.0%
NMIH	A	0.0%
CARG	B	0.0%
RAMP	F	0.0%
VCEL	C	0.0%
KAR	C	0.0%
UE	A	0.0%
TDS	C	0.0%
WAFD	C	0.0%
SHO	C	0.0%
PINC	F	0.0%
PPBI	C	0.0%
ROCK	D	0.0%
MYRG	D	0.0%
EPC	B	0.0%
ADNT	F	0.0%
VSTO	B	0.0%
MPW	D	0.0%
DEI	C	0.0%
ZD	F	0.0%
FTRE	F	0.0%
OSIS	B	0.0%
CALM	A	0.0%
PLUS	D	0.0%
FL	D	0.0%
NYCB	D	0.0%
SITC	A	0.0%
KWR	D	0.0%
BHF	D	0.0%
VECO	C	0.0%
JWN	A	0.0%
PGNY	D	0.0%
RDNT	B	0.0%
SLVM	D	0.0%
KSS	D	0.0%
BOH	C	0.0%
GHC	C	0.0%
STEP	B	0.0%
NWL	F	0.0%
WSFS	B	0.0%
CCOI	D	0.0%
AVA	D	0.0%
SXI	C	0.0%
AZZ	C	0.0%
PRFT	C	0.0%
COLM	D	0.0%
CNK	B	0.0%
PJT	B	0.0%
ARWR	C	0.0%
EPAC	B	0.0%
BL	F	0.0%
TRN	D	0.0%
HELE	F	0.0%
TNDM	C	0.0%
AIR	A	0.0%
OII	C	0.0%
LXP	B	0.0%
CTRE	B	0.0%
AUB	B	0.0%
CBU	B	0.0%
CWT	C	0.0%
JJSF	C	0.0%

SPTM Underweight 52 Positions Relative to VEA

Symbol	Grade	Weight
TM	F	-1.1%
NVS	B	-0.91%
UL	A	-0.57%
MUFG	B	-0.5%
SONY	B	-0.43%
TD	D	-0.42%
SMFG	B	-0.35%
CNI	D	-0.31%
DEO	F	-0.31%
SHOP	D	-0.28%
HMC	F	-0.23%
MFG	B	-0.22%
STLA	F	-0.2%
LYG	A	-0.19%
WCN	B	-0.18%
BCS	A	-0.18%
E	D	-0.15%
FLUT	C	-0.14%
GOLD	B	-0.13%
KB	B	-0.09%
NMR	C	-0.08%
LOGI	D	-0.07%
SHG	B	-0.07%
QGEN	D	-0.04%
WFG	D	-0.03%
OTEX	D	-0.03%
KEP	D	-0.02%
AEI	C	-0.02%
TRMD	C	-0.01%
BWLP	D	-0.01%
GOGL	D	-0.01%
LIF	B	-0.01%
TAC	D	-0.01%
IAG	C	-0.01%
LSPD	F	-0.01%
DOOO	D	-0.01%
HAFN	F	-0.01%
LPL	C	-0.01%
PRMW	D	-0.01%
SLDB	D	-0.0%
GCBC	C	-0.0%
AUDC	D	-0.0%
CHGX	A	-0.0%
VMAR	F	-0.0%
IONR	F	-0.0%
RENB	D	-0.0%
SMMF	B	-0.0%
ELBM	F	-0.0%
MNTX	F	-0.0%
FLNG	F	-0.0%
SPNS	A	-0.0%
PIXY	F	-0.0%