SPY vs. GDE ETF Comparison

Comparison of SPDR S&P 500 (SPY) to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE)

SPY

SPDR S&P 500

SPY Description

The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust holds the Portfolio and cash and is not actively "managed" by traditional methods. To maintain the correspondence between the composition and weightings of Portfolio Securities and component stocks of the S&P 500 Index, the Trustee adjusts the Portfolio from time to time to conform to periodic changes in the identity and/or relative weightings of Index Securities.

Grade (RS Rating)

Last Trade

$597.19

Average Daily Volume

44,145,920

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

GDE

WisdomTree Efficient Gold Plus Equity Strategy Fund

GDE Description

WisdomTree Efficient Gold Plus Equity Strategy Fund seeks total return by investing, either directly or through a wholly-owned subsidiary, in a portfolio comprised of U.S.-listed gold futures contracts and U.S. large-cap equity securities.

Grade (RS Rating)

Last Trade

$37.25

Average Daily Volume

21,010

Number of Holdings ^*

487

* may have additional holdings in another (foreign) market

Performance

Period	SPY	GDE
30 Days	2.20%	-0.08%
60 Days	6.59%	6.11%
90 Days	8.31%	11.99%
12 Months	34.88%	59.90%

416 Overlapping Holdings

	Symbol	Grade	Weight in SPY	Weight in GDE	Overlap
	A	F	0.08%	0.08%	0.08%
	AAPL	C	6.75%	6.08%	6.08%
	ABBV	D	0.71%	0.62%	0.62%
	ABNB	C	0.12%	0.07%	0.07%
	ABT	C	0.4%	0.37%	0.37%
	ADBE	C	0.45%	0.43%	0.43%
	ADI	F	0.22%	0.26%	0.22%
	ADM	F	0.05%	0.02%	0.02%
	ADP	A	0.25%	0.24%	0.24%
	ADSK	A	0.13%	0.15%	0.13%
	AEE	A	0.05%	0.04%	0.04%
	AEP	D	0.1%	0.09%	0.09%
	AFL	C	0.11%	0.09%	0.09%
	AIG	B	0.1%	0.11%	0.1%
	AJG	A	0.13%	0.11%	0.11%
	AKAM	F	0.03%	0.02%	0.02%
	ALB	B	0.02%	0.0%	0.0%
	ALGN	F	0.03%	0.01%	0.01%
	ALL	A	0.1%	0.08%	0.08%
	AMAT	F	0.31%	0.22%	0.22%
	AMD	F	0.47%	0.44%	0.44%
	AME	A	0.09%	0.09%	0.09%
	AMGN	F	0.34%	0.3%	0.3%
	AMP	A	0.11%	0.14%	0.11%
	AMT	F	0.18%	0.17%	0.17%
	AMZN	A	3.86%	3.84%	3.84%
	ANET	C	0.22%	0.23%	0.22%
	ANSS	B	0.06%	0.04%	0.04%
	APD	B	0.14%	0.1%	0.1%
	APH	B	0.17%	0.17%	0.17%
	ARE	F	0.04%	0.02%	0.02%
	ATO	A	0.04%	0.04%	0.04%
	AVB	A	0.06%	0.05%	0.05%
	AVGO	C	1.67%	1.48%	1.48%
	AVY	F	0.03%	0.04%	0.03%
	AWK	D	0.05%	0.07%	0.05%
	AXON	B	0.07%	0.05%	0.05%
	AXP	B	0.33%	0.39%	0.33%
	AZO	C	0.11%	0.11%	0.11%
	BA	F	0.21%	0.12%	0.12%
	BAC	A	0.61%	0.66%	0.61%
	BALL	D	0.04%	0.06%	0.04%
	BAX	F	0.04%	0.01%	0.01%
	BBY	D	0.04%	0.03%	0.03%
	BDX	D	0.14%	0.08%	0.08%
	BEN	C	0.01%	0.08%	0.01%
	BIIB	F	0.05%	0.02%	0.02%
	BK	B	0.12%	0.09%	0.09%
	BKNG	A	0.33%	0.3%	0.3%
	BKR	B	0.08%	0.1%	0.08%
	BLDR	D	0.04%	0.03%	0.03%
	BMY	B	0.22%	0.13%	0.13%
	BR	A	0.05%	0.04%	0.04%
	BRK.A	B	1.71%	1.8%	1.71%
	BRO	A	0.05%	0.04%	0.04%
	BSX	A	0.25%	0.21%	0.21%
	BX	A	0.25%	0.37%	0.25%
	C	A	0.26%	0.21%	0.21%
	CAG	F	0.03%	0.02%	0.02%
	CAH	A	0.06%	0.05%	0.05%
	CARR	C	0.13%	0.1%	0.1%
	CAT	C	0.4%	0.32%	0.32%
	CBRE	A	0.08%	0.07%	0.07%
	CCI	F	0.09%	0.08%	0.08%
	CDNS	B	0.16%	0.09%	0.09%
	CDW	F	0.05%	0.04%	0.04%
	CE	F	0.02%	0.07%	0.02%
	CEG	D	0.15%	0.13%	0.13%
	CF	B	0.03%	0.03%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CHD	B	0.05%	0.05%	0.05%
	CHTR	B	0.08%	0.14%	0.08%
	CI	D	0.18%	0.16%	0.16%
	CINF	A	0.05%	0.04%	0.04%
	CL	F	0.15%	0.1%	0.1%
	CLX	A	0.04%	0.03%	0.03%
	CMCSA	B	0.35%	0.25%	0.25%
	CME	A	0.16%	0.13%	0.13%
	CMG	B	0.16%	0.1%	0.1%
	CMI	A	0.1%	0.09%	0.09%
	CMS	C	0.04%	0.04%	0.04%
	CNC	F	0.07%	0.05%	0.05%
	CNP	B	0.04%	0.06%	0.04%
	COF	B	0.15%	0.17%	0.15%
	COP	C	0.26%	0.16%	0.16%
	COR	A	0.09%	0.05%	0.05%
	COST	B	0.79%	0.69%	0.69%
	CPAY	A	0.05%	0.04%	0.04%
	CPRT	A	0.1%	0.07%	0.07%
	CRM	B	0.59%	0.47%	0.47%
	CRWD	B	0.15%	0.14%	0.14%
	CSCO	A	0.46%	0.46%	0.46%
	CSGP	D	0.06%	0.03%	0.03%
	CSX	B	0.14%	0.21%	0.14%
	CTAS	A	0.15%	0.16%	0.15%
	CTRA	B	0.04%	0.01%	0.01%
	CTSH	A	0.08%	0.11%	0.08%
	CTVA	C	0.09%	0.09%	0.09%
	CVS	F	0.15%	0.16%	0.15%
	CVX	B	0.53%	0.34%	0.34%
	D	D	0.1%	0.1%	0.1%
	DAL	A	0.08%	0.05%	0.05%
	DD	D	0.07%	0.06%	0.06%
	DE	D	0.21%	0.13%	0.13%
	DECK	B	0.05%	0.06%	0.05%
	DELL	B	0.08%	0.2%	0.08%
	DFS	B	0.09%	0.08%	0.08%
	DG	F	0.03%	0.01%	0.01%
	DGX	A	0.03%	0.02%	0.02%
	DHI	F	0.1%	0.1%	0.1%
	DHR	F	0.32%	0.35%	0.32%
	DIS	B	0.36%	0.2%	0.2%
	DLR	C	0.11%	0.1%	0.1%
	DLTR	F	0.03%	0.01%	0.01%
	DOV	A	0.06%	0.05%	0.05%
	DOW	F	0.07%	0.03%	0.03%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.04%	0.08%	0.04%
	DTE	D	0.05%	0.04%	0.04%
	DUK	D	0.17%	0.15%	0.15%
	DVN	F	0.05%	0.01%	0.01%
	DXCM	C	0.05%	0.01%	0.01%
	EA	A	0.08%	0.09%	0.08%
	EBAY	C	0.06%	0.06%	0.06%
	ECL	C	0.12%	0.12%	0.12%
	ED	D	0.07%	0.05%	0.05%
	EFX	D	0.07%	0.06%	0.06%
	EIX	C	0.06%	0.05%	0.05%
	EL	F	0.03%	0.01%	0.01%
	ELV	F	0.2%	0.18%	0.18%
	EMR	A	0.14%	0.18%	0.14%
	ENPH	F	0.02%	0.03%	0.02%
	EOG	A	0.14%	0.25%	0.14%
	EPAM	B	0.02%	0.0%	0.0%
	EQIX	B	0.17%	0.13%	0.13%
	EQR	C	0.05%	0.04%	0.04%
	EQT	B	0.05%	0.02%	0.02%
	ERIE	F	0.02%	0.02%	0.02%
	ES	D	0.04%	0.05%	0.04%
	ESS	C	0.04%	0.03%	0.03%
	ETR	B	0.06%	0.05%	0.05%
	EW	D	0.08%	0.03%	0.03%
	EXC	C	0.08%	0.09%	0.08%
	EXPD	D	0.03%	0.06%	0.03%
	EXPE	B	0.04%	0.05%	0.04%
	EXR	D	0.07%	0.05%	0.05%
	F	C	0.09%	0.03%	0.03%
	FANG	D	0.07%	0.04%	0.04%
	FAST	A	0.1%	0.09%	0.09%
	FCX	F	0.13%	0.09%	0.09%
	FDS	A	0.04%	0.05%	0.04%
	FDX	B	0.13%	0.13%	0.13%
	FE	D	0.04%	0.03%	0.03%
	FI	A	0.24%	0.21%	0.21%
	FICO	B	0.1%	0.07%	0.07%
	FIS	B	0.09%	0.09%	0.09%
	FITB	A	0.06%	0.06%	0.06%
	FSLR	F	0.04%	0.04%	0.04%
	FTNT	B	0.1%	0.11%	0.1%
	FTV	D	0.05%	0.07%	0.05%
	GD	A	0.16%	0.13%	0.13%
	GDDY	A	0.05%	0.03%	0.03%
	GE	C	0.39%	0.33%	0.33%
	GEHC	F	0.08%	0.04%	0.04%
	GEN	A	0.03%	0.03%	0.03%
	GEV	B	0.18%	0.14%	0.14%
	GILD	C	0.23%	0.2%	0.2%
	GIS	F	0.07%	0.05%	0.05%
	GLW	C	0.07%	0.06%	0.06%
	GM	A	0.12%	0.14%	0.12%
	GOOGL	B	2.06%	3.99%	2.06%
	GPC	D	0.03%	0.05%	0.03%
	GPN	B	0.06%	0.03%	0.03%
	GS	B	0.37%	0.35%	0.35%
	GWW	B	0.11%	0.08%	0.08%
	HAL	C	0.05%	0.02%	0.02%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	D	0.13%	0.14%	0.13%
	HD	B	0.77%	0.69%	0.69%
	HES	C	0.08%	0.03%	0.03%
	HIG	C	0.07%	0.05%	0.05%
	HLT	A	0.12%	0.12%	0.12%
	HOLX	D	0.04%	0.06%	0.04%
	HON	B	0.28%	0.28%	0.28%
	HPE	B	0.06%	0.06%	0.06%
	HPQ	B	0.07%	0.09%	0.07%
	HRL	F	0.02%	0.05%	0.02%
	HST	C	0.03%	0.05%	0.03%
	HSY	D	0.05%	0.04%	0.04%
	HUBB	B	0.05%	0.02%	0.02%
	HUM	D	0.07%	0.03%	0.03%
	HWM	A	0.09%	0.08%	0.08%
	IBM	C	0.39%	0.32%	0.32%
	ICE	D	0.18%	0.16%	0.16%
	IDXX	D	0.07%	0.04%	0.04%
	IEX	B	0.04%	0.01%	0.01%
	IFF	F	0.04%	0.04%	0.04%
	INCY	B	0.03%	0.06%	0.03%
	INTC	C	0.21%	0.06%	0.06%
	INTU	A	0.36%	0.29%	0.29%
	INVH	D	0.04%	0.03%	0.03%
	IP	C	0.04%	0.03%	0.03%
	IPG	F	0.02%	0.04%	0.02%
	IQV	F	0.08%	0.09%	0.08%
	IR	A	0.08%	0.04%	0.04%
	IRM	D	0.07%	0.03%	0.03%
	ISRG	A	0.36%	0.34%	0.34%
	IT	A	0.08%	0.07%	0.07%
	ITW	A	0.15%	0.16%	0.15%
	J	B	0.04%	0.03%	0.03%
	JBHT	B	0.03%	0.02%	0.02%
	JBL	C	0.03%	0.01%	0.01%
	JNJ	D	0.76%	0.71%	0.71%
	JPM	B	1.4%	1.25%	1.25%
	K	A	0.04%	0.04%	0.04%
	KDP	D	0.07%	0.09%	0.07%
	KEY	B	0.04%	0.03%	0.03%
	KEYS	C	0.06%	0.06%	0.06%
	KHC	F	0.06%	0.03%	0.03%
	KIM	A	0.03%	0.01%	0.01%
	KKR	B	0.2%	0.24%	0.2%
	KLAC	F	0.18%	0.15%	0.15%
	KMB	F	0.09%	0.08%	0.08%
	KMI	B	0.1%	0.11%	0.1%
	KO	F	0.49%	0.49%	0.49%
	KR	A	0.08%	0.05%	0.05%
	KVUE	B	0.09%	0.08%	0.08%
	L	A	0.03%	0.03%	0.03%
	LDOS	B	0.05%	0.03%	0.03%
	LEN	D	0.08%	0.09%	0.08%
	LH	A	0.04%	0.04%	0.04%
	LHX	A	0.1%	0.08%	0.08%
	LKQ	D	0.02%	0.0%	0.0%
	LLY	F	1.22%	1.29%	1.22%
	LMT	C	0.23%	0.22%	0.22%
	LOW	B	0.3%	0.26%	0.26%
	LRCX	F	0.2%	0.24%	0.2%
	LUV	B	0.04%	0.05%	0.04%
	LVS	C	0.04%	0.01%	0.01%
	LW	C	0.02%	0.0%	0.0%
	LYV	B	0.04%	0.07%	0.04%
	MA	B	0.86%	0.93%	0.86%
	MAA	C	0.04%	0.03%	0.03%
	MAR	A	0.13%	0.09%	0.09%
	MAS	D	0.03%	0.03%	0.03%
	MCD	C	0.42%	0.37%	0.37%
	MCHP	F	0.08%	0.04%	0.04%
	MCK	A	0.14%	0.14%	0.14%
	MCO	C	0.14%	0.13%	0.13%
	MDLZ	F	0.18%	0.17%	0.17%
	MET	C	0.1%	0.09%	0.09%
	META	B	2.49%	2.62%	2.49%
	MGM	D	0.02%	0.09%	0.02%
	MKC	D	0.04%	0.04%	0.04%
	MLM	B	0.08%	0.03%	0.03%
	MMC	C	0.22%	0.19%	0.19%
	MMM	C	0.15%	0.12%	0.12%
	MNST	B	0.08%	0.03%	0.03%
	MO	A	0.18%	0.17%	0.17%
	MOH	F	0.04%	0.04%	0.04%
	MOS	D	0.02%	0.1%	0.02%
	MPC	D	0.1%	0.07%	0.07%
	MPWR	F	0.08%	0.08%	0.08%
	MRK	F	0.51%	0.36%	0.36%
	MRNA	F	0.03%	0.01%	0.01%
	MRO	B	0.03%	0.06%	0.03%
	MS	A	0.33%	0.42%	0.33%
	MSCI	B	0.09%	0.1%	0.09%
	MSFT	C	6.23%	5.41%	5.41%
	MSI	B	0.16%	0.09%	0.09%
	MTB	B	0.07%	0.06%	0.06%
	MTD	F	0.06%	0.07%	0.06%
	MU	D	0.25%	0.16%	0.16%
	NDAQ	A	0.06%	0.05%	0.05%
	NDSN	B	0.03%	0.03%	0.03%
	NEE	D	0.31%	0.27%	0.27%
	NEM	F	0.1%	0.1%	0.1%
	NFLX	A	0.67%	0.61%	0.61%
	NKE	F	0.18%	0.1%	0.1%
	NOC	C	0.14%	0.14%	0.14%
	NOW	A	0.41%	0.37%	0.37%
	NSC	B	0.12%	0.13%	0.12%
	NTAP	D	0.05%	0.04%	0.04%
	NTRS	A	0.04%	0.05%	0.04%
	NUE	C	0.08%	0.03%	0.03%
	NVDA	B	7.14%	6.32%	6.32%
	NVR	D	0.06%	0.03%	0.03%
	NWSA	B	0.02%	0.04%	0.02%
	O	D	0.1%	0.1%	0.1%
	ODFL	B	0.09%	0.07%	0.07%
	OKE	A	0.12%	0.16%	0.12%
	OMC	B	0.04%	0.03%	0.03%
	ON	F	0.06%	0.04%	0.04%
	ORCL	A	0.58%	0.86%	0.58%
	ORLY	A	0.14%	0.13%	0.13%
	OTIS	C	0.08%	0.08%	0.08%
	OXY	D	0.07%	0.03%	0.03%
	PANW	A	0.25%	0.22%	0.22%
	PAYX	B	0.09%	0.1%	0.09%
	PCAR	B	0.12%	0.06%	0.06%
	PCG	A	0.09%	0.09%	0.09%
	PEG	C	0.08%	0.05%	0.05%
	PEP	D	0.45%	0.33%	0.33%
	PFE	F	0.31%	0.21%	0.21%
	PFG	C	0.04%	0.03%	0.03%
	PG	C	0.76%	0.72%	0.72%
	PGR	A	0.3%	0.24%	0.24%
	PH	A	0.18%	0.16%	0.16%
	PHM	D	0.05%	0.04%	0.04%
	PKG	B	0.04%	0.03%	0.03%
	PLD	D	0.21%	0.21%	0.21%
	PLTR	B	0.22%	0.24%	0.22%
	PM	C	0.39%	0.37%	0.37%
	PNC	B	0.16%	0.15%	0.15%
	PODD	B	0.03%	0.04%	0.03%
	POOL	D	0.03%	0.01%	0.01%
	PPG	F	0.06%	0.03%	0.03%
	PPL	A	0.05%	0.03%	0.03%
	PRU	B	0.09%	0.09%	0.09%
	PSA	C	0.1%	0.09%	0.09%
	PSX	D	0.11%	0.07%	0.07%
	PTC	B	0.05%	0.02%	0.02%
	PWR	B	0.09%	0.08%	0.08%
	PYPL	A	0.17%	0.17%	0.17%
	QCOM	F	0.38%	0.32%	0.32%
	REGN	F	0.17%	0.16%	0.16%
	RF	B	0.05%	0.04%	0.04%
	RJF	A	0.06%	0.07%	0.06%
	RMD	C	0.07%	0.07%	0.07%
	ROK	B	0.07%	0.11%	0.07%
	ROL	B	0.03%	0.03%	0.03%
	ROP	A	0.12%	0.13%	0.12%
	ROST	F	0.09%	0.11%	0.09%
	RSG	A	0.08%	0.08%	0.08%
	RTX	C	0.32%	0.31%	0.31%
	SBAC	D	0.05%	0.03%	0.03%
	SBUX	B	0.22%	0.21%	0.21%
	SCHW	A	0.23%	0.14%	0.14%
	SHW	A	0.18%	0.17%	0.17%
	SJM	F	0.02%	0.05%	0.02%
	SMCI	F	0.02%	0.0%	0.0%
	SNA	A	0.04%	0.03%	0.03%
	SNPS	B	0.17%	0.1%	0.1%
	SO	D	0.19%	0.17%	0.17%
	SOLV	D	0.02%	0.03%	0.02%
	SPG	B	0.11%	0.12%	0.11%
	SPGI	C	0.31%	0.28%	0.28%
	SRE	A	0.11%	0.12%	0.11%
	STLD	B	0.04%	0.1%	0.04%
	STT	B	0.06%	0.06%	0.06%
	STZ	D	0.07%	0.05%	0.05%
	SWK	F	0.03%	0.04%	0.03%
	SWKS	F	0.03%	0.06%	0.03%
	SYF	B	0.05%	0.06%	0.05%
	SYK	A	0.25%	0.26%	0.25%
	SYY	B	0.08%	0.06%	0.06%
	T	A	0.32%	0.29%	0.29%
	TAP	B	0.02%	0.07%	0.02%
	TDG	B	0.15%	0.13%	0.13%
	TDY	A	0.04%	0.08%	0.04%
	TER	F	0.04%	0.06%	0.04%
	TFC	B	0.13%	0.12%	0.12%
	TGT	C	0.14%	0.07%	0.07%
	TJX	B	0.26%	0.27%	0.26%
	TMO	F	0.43%	0.43%	0.43%
	TMUS	A	0.23%	0.47%	0.23%
	TRGP	B	0.08%	0.09%	0.08%
	TROW	B	0.05%	0.02%	0.02%
	TRV	B	0.12%	0.1%	0.1%
	TSCO	C	0.06%	0.05%	0.05%
	TSLA	B	1.6%	1.66%	1.6%
	TSN	C	0.03%	0.05%	0.03%
	TTWO	A	0.05%	0.07%	0.05%
	TXN	C	0.39%	0.37%	0.37%
	TXT	C	0.03%	0.04%	0.03%
	TYL	B	0.05%	0.05%	0.05%
	UAL	B	0.06%	0.03%	0.03%
	UBER	F	0.31%	0.25%	0.25%
	ULTA	C	0.04%	0.01%	0.01%
	UNH	B	1.1%	0.99%	0.99%
	UNP	C	0.3%	0.3%	0.3%
	UPS	C	0.2%	0.05%	0.05%
	URI	B	0.12%	0.1%	0.1%
	USB	A	0.16%	0.14%	0.14%
	V	A	1.02%	1.16%	1.02%
	VICI	D	0.06%	0.05%	0.05%
	VLO	D	0.09%	0.06%	0.06%
	VLTO	C	0.05%	0.03%	0.03%
	VMC	B	0.08%	0.04%	0.04%
	VRSK	A	0.08%	0.07%	0.07%
	VRSN	C	0.03%	0.08%	0.03%
	VRTX	B	0.25%	0.22%	0.22%
	VST	B	0.09%	0.06%	0.06%
	VTR	C	0.05%	0.04%	0.04%
	VZ	C	0.35%	0.31%	0.31%
	WAB	A	0.07%	0.06%	0.06%
	WAT	A	0.05%	0.06%	0.05%
	WBA	D	0.01%	0.0%	0.0%
	WBD	B	0.04%	0.02%	0.02%
	WDC	D	0.05%	0.03%	0.03%
	WEC	B	0.06%	0.06%	0.06%
	WELL	B	0.15%	0.13%	0.13%
	WFC	A	0.49%	0.36%	0.36%
	WM	A	0.16%	0.09%	0.09%
	WMB	B	0.13%	0.12%	0.12%
	WMT	A	0.72%	1.18%	0.72%
	WRB	B	0.04%	0.03%	0.03%
	WST	B	0.05%	0.01%	0.01%
	WY	F	0.05%	0.03%	0.03%
	XEL	A	0.07%	0.05%	0.05%
	XOM	B	1.07%	0.94%	0.94%
	XYL	D	0.06%	0.08%	0.06%
	YUM	B	0.08%	0.08%	0.08%
	ZBH	C	0.04%	0.02%	0.02%
	ZBRA	A	0.04%	0.06%	0.04%
	ZTS	D	0.15%	0.17%	0.15%

SPY Overweight 82 Positions Relative to GDE

	Symbol	Grade	Weight
	GOOG	B	1.71%
	LIN	D	0.44%
	ACN	C	0.44%
	ETN	A	0.28%
	MDT	D	0.23%
	CB	C	0.21%
	TT	A	0.18%
	AON	A	0.17%
	NXPI	F	0.12%
	SLB	C	0.12%
	RCL	A	0.11%
	JCI	A	0.11%
	ACGL	D	0.08%
	LULU	C	0.07%
	WTW	A	0.06%
	GRMN	A	0.06%
	CCL	A	0.05%
	SW	C	0.05%
	TRMB	B	0.04%
	NRG	B	0.04%
	CBOE	D	0.04%
	STX	D	0.04%
	STE	F	0.04%
	LYB	F	0.04%
	DAY	C	0.03%
	JNPR	D	0.03%
	UDR	C	0.03%
	JKHY	C	0.03%
	VTRS	B	0.03%
	FFIV	A	0.03%
	EVRG	A	0.03%
	APTV	D	0.03%
	LNT	C	0.03%
	AMCR	D	0.03%
	RVTY	C	0.03%
	DOC	C	0.03%
	NI	A	0.03%
	EG	D	0.03%
	PNR	A	0.03%
	FMC	F	0.02%
	MHK	D	0.02%
	BWA	B	0.02%
	HII	D	0.02%
	WYNN	F	0.02%
	HAS	D	0.02%
	RL	B	0.02%
	IVZ	C	0.02%
	FRT	C	0.02%
	CZR	F	0.02%
	HSIC	F	0.02%
	CPB	F	0.02%
	AOS	F	0.02%
	APA	F	0.02%
	TFX	F	0.02%
	MTCH	F	0.02%
	GL	B	0.02%
	AES	F	0.02%
	FOXA	A	0.02%
	PNW	B	0.02%
	MKTX	C	0.02%
	AIZ	A	0.02%
	CTLT	D	0.02%
	GNRC	B	0.02%
	CRL	C	0.02%
	PAYC	B	0.02%
	TPR	B	0.02%
	BXP	D	0.02%
	REG	A	0.02%
	TECH	B	0.02%
	KMX	C	0.02%
	UHS	D	0.02%
	EMN	D	0.02%
	BG	D	0.02%
	NCLH	B	0.02%
	ALLE	D	0.02%
	CHRW	A	0.02%
	CPT	C	0.02%
	NWS	B	0.01%
	FOX	A	0.01%
	PARA	C	0.01%
	DVA	C	0.01%
	QRVO	F	0.01%

SPY Underweight 71 Positions Relative to GDE

	Symbol	Grade	Weight
	APO	B	-0.24%
	SCCO	F	-0.16%
	EPD	A	-0.16%
	TEAM	B	-0.14%
	TTD	B	-0.14%
	ET	A	-0.14%
	WDAY	B	-0.14%
	MRVL	B	-0.12%
	OVV	C	-0.12%
	DASH	A	-0.12%
	APP	B	-0.1%
	COIN	B	-0.1%
	MPLX	B	-0.09%
	CPNG	B	-0.08%
	ZS	B	-0.08%
	TPL	B	-0.07%
	ILMN	C	-0.07%
	RBLX	B	-0.07%
	TWLO	A	-0.07%
	ZM	B	-0.07%
	DDOG	B	-0.06%
	DT	C	-0.06%
	CG	C	-0.06%
	BSY	F	-0.06%
	ALNY	D	-0.06%
	H	B	-0.06%
	WLK	F	-0.06%
	CRBG	C	-0.05%
	ACI	C	-0.05%
	SNAP	C	-0.05%
	LBRDK	C	-0.05%
	VEEV	B	-0.05%
	VRT	B	-0.05%
	WMG	B	-0.05%
	NET	B	-0.04%
	SSNC	C	-0.04%
	ROKU	C	-0.04%
	WPC	F	-0.04%
	CSL	B	-0.04%
	SUI	D	-0.04%
	SQ	B	-0.04%
	AVTR	F	-0.04%
	FCNCA	B	-0.04%
	IOT	B	-0.04%
	ARES	B	-0.04%
	BAH	C	-0.03%
	SNOW	C	-0.03%
	RIVN	D	-0.03%
	HEI	B	-0.03%
	WSM	F	-0.03%
	FNF	C	-0.03%
	PINS	F	-0.03%
	HUBS	B	-0.03%
	MKL	A	-0.03%
	AGR	C	-0.03%
	LII	B	-0.03%
	SIRI	D	-0.03%
	MANH	C	-0.03%
	GLPI	D	-0.03%
	RS	B	-0.02%
	ENTG	D	-0.02%
	MORN	B	-0.02%
	MDB	C	-0.02%
	DKNG	B	-0.02%
	LPLA	B	-0.02%
	OC	A	-0.02%
	TW	C	-0.02%
	WSO	A	-0.02%
	GGG	B	-0.02%
	RPM	A	-0.01%
	BMRN	F	-0.01%

SPY: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank

GDE: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Semiconductors Diagnostics & Research Banks - Regional - US Capital Markets Oil & Gas E&P Aerospace & Defense Drug Manufacturers - Major Specialty Retail Packaged Foods Software - Infrastructure Specialty Chemicals Credit Services Health Care Plans Household & Personal Products Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Dow Jones Component Insurance Electricity Electronics Aerospace Bank Semiconductor Medicine Telecommunications Banking Chemical Cloud Computing Mining Real Estate Investment Trust Investment Bank Petroleum Industry