SPY vs. SPYV ETF Comparison

Comparison of SPDR S&P 500 (SPY) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

$595.51

Average Daily Volume

43,227,909

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.67

Average Daily Volume

2,147,969

Number of Holdings ^*

433

* may have additional holdings in another (foreign) market

Performance

Period	SPY	SPYV
30 Days	3.03%	2.77%
60 Days	4.54%	4.01%
90 Days	6.26%	6.06%
12 Months	32.65%	26.94%

433 Overlapping Holdings

Symbol	Grade	Weight in SPY	Weight in SPYV	Overlap
A	D	0.08%	0.18%	0.08%
ABBV	D	0.6%	0.88%	0.6%
ABNB	C	0.12%	0.14%	0.12%
ABT	B	0.4%	0.94%	0.4%
ACN	C	0.45%	0.49%	0.45%
ADI	D	0.21%	0.2%	0.2%
ADM	D	0.05%	0.12%	0.05%
ADP	B	0.24%	0.35%	0.24%
ADSK	A	0.13%	0.15%	0.13%
AEE	A	0.05%	0.11%	0.05%
AEP	D	0.1%	0.23%	0.1%
AES	F	0.02%	0.05%	0.02%
AFL	B	0.11%	0.26%	0.11%
AIG	B	0.1%	0.23%	0.1%
AIZ	A	0.02%	0.05%	0.02%
AJG	B	0.13%	0.15%	0.13%
AKAM	D	0.03%	0.03%	0.03%
ALB	C	0.02%	0.06%	0.02%
ALGN	D	0.03%	0.03%	0.03%
ALL	A	0.1%	0.24%	0.1%
ALLE	D	0.02%	0.04%	0.02%
AMCR	D	0.03%	0.07%	0.03%
AME	A	0.09%	0.11%	0.09%
AMGN	D	0.32%	0.75%	0.32%
AMP	A	0.11%	0.12%	0.11%
AMT	D	0.18%	0.25%	0.18%
ANSS	B	0.06%	0.06%	0.06%
AON	A	0.16%	0.19%	0.16%
AOS	F	0.02%	0.02%	0.02%
APD	A	0.14%	0.33%	0.14%
APH	A	0.17%	0.18%	0.17%
APTV	D	0.03%	0.07%	0.03%
ARE	D	0.03%	0.08%	0.03%
ATO	A	0.04%	0.1%	0.04%
AVB	B	0.06%	0.15%	0.06%
AVY	D	0.03%	0.08%	0.03%
AWK	D	0.05%	0.12%	0.05%
AXP	A	0.32%	0.23%	0.23%
AZO	C	0.11%	0.08%	0.08%
BA	F	0.2%	0.26%	0.2%
BAC	A	0.62%	1.45%	0.62%
BALL	D	0.04%	0.09%	0.04%
BAX	D	0.03%	0.08%	0.03%
BBY	D	0.04%	0.08%	0.04%
BDX	F	0.13%	0.31%	0.13%
BEN	C	0.01%	0.03%	0.01%
BG	F	0.02%	0.06%	0.02%
BIIB	F	0.05%	0.11%	0.05%
BK	A	0.11%	0.27%	0.11%
BKR	B	0.09%	0.2%	0.09%
BLK	C	0.29%	0.68%	0.29%
BMY	B	0.24%	0.56%	0.24%
BR	A	0.05%	0.05%	0.05%
BRK.A	B	1.7%	4.01%	1.7%
BRO	B	0.05%	0.03%	0.03%
BSX	B	0.26%	0.27%	0.26%
BWA	D	0.02%	0.04%	0.02%
BX	A	0.26%	0.17%	0.17%
BXP	D	0.02%	0.05%	0.02%
C	A	0.26%	0.61%	0.26%
CAG	D	0.03%	0.06%	0.03%
CAH	B	0.06%	0.14%	0.06%
CARR	D	0.13%	0.15%	0.13%
CAT	B	0.37%	0.37%	0.37%
CB	C	0.21%	0.5%	0.21%
CBOE	B	0.04%	0.03%	0.03%
CBRE	B	0.08%	0.19%	0.08%
CCI	D	0.09%	0.21%	0.09%
CCL	B	0.05%	0.03%	0.03%
CDW	F	0.05%	0.07%	0.05%
CEG	D	0.14%	0.18%	0.14%
CF	B	0.03%	0.03%	0.03%
CFG	B	0.04%	0.1%	0.04%
CHD	B	0.05%	0.07%	0.05%
CHRW	C	0.03%	0.06%	0.03%
CHTR	C	0.08%	0.1%	0.08%
CI	F	0.18%	0.42%	0.18%
CINF	A	0.05%	0.11%	0.05%
CL	D	0.15%	0.21%	0.15%
CLX	B	0.04%	0.1%	0.04%
CMCSA	B	0.33%	0.79%	0.33%
CME	A	0.16%	0.24%	0.16%
CMI	A	0.1%	0.23%	0.1%
CMS	C	0.04%	0.09%	0.04%
CNC	D	0.06%	0.14%	0.06%
CNP	B	0.04%	0.09%	0.04%
COF	B	0.14%	0.33%	0.14%
COP	C	0.26%	0.19%	0.19%
COR	B	0.08%	0.2%	0.08%
COST	B	0.81%	1.11%	0.81%
CPB	D	0.02%	0.04%	0.02%
CPT	B	0.03%	0.06%	0.03%
CRL	C	0.02%	0.05%	0.02%
CSCO	B	0.46%	1.09%	0.46%
CSGP	D	0.06%	0.08%	0.06%
CSX	B	0.14%	0.16%	0.14%
CTAS	B	0.15%	0.16%	0.15%
CTLT	B	0.02%	0.05%	0.02%
CTRA	B	0.04%	0.03%	0.03%
CTSH	B	0.08%	0.19%	0.08%
CTVA	C	0.08%	0.19%	0.08%
CVS	D	0.14%	0.32%	0.14%
CVX	A	0.55%	1.29%	0.55%
CZR	F	0.02%	0.02%	0.02%
D	C	0.09%	0.22%	0.09%
DAL	C	0.08%	0.09%	0.08%
DAY	B	0.02%	0.03%	0.02%
DD	D	0.07%	0.16%	0.07%
DE	A	0.2%	0.2%	0.2%
DELL	C	0.08%	0.08%	0.08%
DFS	B	0.09%	0.09%	0.09%
DG	F	0.03%	0.08%	0.03%
DGX	A	0.03%	0.08%	0.03%
DHR	F	0.31%	0.72%	0.31%
DIS	B	0.39%	0.93%	0.39%
DLR	B	0.11%	0.15%	0.11%
DLTR	F	0.03%	0.06%	0.03%
DOC	D	0.03%	0.07%	0.03%
DOV	A	0.06%	0.13%	0.06%
DOW	F	0.06%	0.15%	0.06%
DPZ	C	0.03%	0.04%	0.03%
DRI	B	0.04%	0.04%	0.04%
DTE	C	0.05%	0.12%	0.05%
DUK	C	0.17%	0.4%	0.17%
DVA	B	0.01%	0.01%	0.01%
DVN	F	0.05%	0.12%	0.05%
DXCM	D	0.06%	0.05%	0.05%
EA	A	0.08%	0.1%	0.08%
EBAY	D	0.06%	0.14%	0.06%
ECL	D	0.12%	0.14%	0.12%
ED	D	0.07%	0.15%	0.07%
EFX	F	0.06%	0.09%	0.06%
EG	C	0.03%	0.07%	0.03%
EIX	B	0.06%	0.15%	0.06%
EL	F	0.03%	0.07%	0.03%
ELV	F	0.19%	0.44%	0.19%
EMN	D	0.02%	0.06%	0.02%
EMR	A	0.15%	0.35%	0.15%
ENPH	F	0.02%	0.03%	0.02%
EOG	A	0.15%	0.12%	0.12%
EPAM	C	0.03%	0.04%	0.03%
EQIX	A	0.17%	0.21%	0.17%
EQR	B	0.05%	0.12%	0.05%
EQT	B	0.05%	0.12%	0.05%
ERIE	D	0.02%	0.02%	0.02%
ES	D	0.04%	0.1%	0.04%
ESS	B	0.04%	0.09%	0.04%
ETN	A	0.29%	0.26%	0.26%
ETR	B	0.06%	0.15%	0.06%
EVRG	A	0.03%	0.07%	0.03%
EW	C	0.08%	0.12%	0.08%
EXC	C	0.08%	0.18%	0.08%
EXPD	D	0.03%	0.05%	0.03%
EXR	D	0.07%	0.16%	0.07%
F	C	0.09%	0.2%	0.09%
FAST	B	0.09%	0.11%	0.09%
FCX	D	0.12%	0.15%	0.12%
FDS	B	0.04%	0.05%	0.04%
FDX	B	0.13%	0.31%	0.13%
FE	C	0.04%	0.1%	0.04%
FFIV	B	0.03%	0.07%	0.03%
FI	A	0.24%	0.27%	0.24%
FIS	C	0.1%	0.23%	0.1%
FITB	A	0.06%	0.15%	0.06%
FMC	D	0.01%	0.03%	0.01%
FOX	A	0.01%	0.03%	0.01%
FOXA	B	0.02%	0.05%	0.02%
FRT	B	0.02%	0.04%	0.02%
FSLR	F	0.04%	0.1%	0.04%
GD	F	0.15%	0.35%	0.15%
GE	D	0.38%	0.52%	0.38%
GEHC	F	0.08%	0.18%	0.08%
GEN	B	0.03%	0.08%	0.03%
GEV	B	0.18%	0.24%	0.18%
GILD	C	0.23%	0.54%	0.23%
GIS	D	0.07%	0.17%	0.07%
GL	B	0.02%	0.05%	0.02%
GLW	B	0.07%	0.17%	0.07%
GM	B	0.13%	0.3%	0.13%
GNRC	B	0.02%	0.02%	0.02%
GPC	D	0.03%	0.08%	0.03%
GPN	B	0.06%	0.14%	0.06%
GRMN	B	0.06%	0.07%	0.06%
GS	A	0.37%	0.87%	0.37%
GWW	B	0.1%	0.06%	0.06%
HAL	C	0.05%	0.12%	0.05%
HAS	D	0.02%	0.04%	0.02%
HBAN	A	0.05%	0.12%	0.05%
HCA	F	0.13%	0.16%	0.13%
HD	A	0.8%	1.19%	0.8%
HIG	B	0.07%	0.16%	0.07%
HII	D	0.02%	0.04%	0.02%
HOLX	D	0.04%	0.08%	0.04%
HON	B	0.3%	0.7%	0.3%
HPE	B	0.06%	0.13%	0.06%
HPQ	B	0.07%	0.17%	0.07%
HRL	D	0.02%	0.04%	0.02%
HSIC	B	0.02%	0.04%	0.02%
HST	C	0.02%	0.02%	0.02%
HSY	F	0.05%	0.08%	0.05%
HUBB	B	0.05%	0.06%	0.05%
HUM	C	0.07%	0.16%	0.07%
HWM	A	0.09%	0.09%	0.09%
IBM	C	0.38%	0.9%	0.38%
ICE	C	0.18%	0.42%	0.18%
IDXX	F	0.07%	0.07%	0.07%
IEX	B	0.03%	0.08%	0.03%
IFF	D	0.05%	0.11%	0.05%
INCY	C	0.02%	0.06%	0.02%
INTC	D	0.21%	0.5%	0.21%
INVH	D	0.04%	0.09%	0.04%
IP	B	0.04%	0.09%	0.04%
IPG	D	0.02%	0.05%	0.02%
IQV	D	0.07%	0.1%	0.07%
IR	B	0.08%	0.05%	0.05%
IRM	D	0.07%	0.08%	0.07%
ISRG	A	0.38%	0.3%	0.3%
ITW	B	0.14%	0.18%	0.14%
IVZ	B	0.02%	0.04%	0.02%
J	F	0.04%	0.08%	0.04%
JBHT	C	0.03%	0.07%	0.03%
JBL	B	0.03%	0.03%	0.03%
JCI	C	0.11%	0.27%	0.11%
JKHY	D	0.02%	0.06%	0.02%
JNJ	D	0.73%	1.71%	0.73%
JNPR	F	0.03%	0.06%	0.03%
JPM	A	1.37%	3.22%	1.37%
K	A	0.04%	0.1%	0.04%
KDP	D	0.07%	0.18%	0.07%
KEY	B	0.04%	0.08%	0.04%
KEYS	A	0.05%	0.13%	0.05%
KHC	F	0.06%	0.13%	0.06%
KIM	A	0.03%	0.08%	0.03%
KMB	D	0.09%	0.21%	0.09%
KMI	A	0.1%	0.24%	0.1%
KMX	B	0.02%	0.06%	0.02%
KO	D	0.48%	0.69%	0.48%
KR	B	0.08%	0.18%	0.08%
KVUE	A	0.09%	0.21%	0.09%
L	A	0.03%	0.07%	0.03%
LDOS	C	0.04%	0.11%	0.04%
LEN	D	0.08%	0.08%	0.08%
LH	C	0.04%	0.09%	0.04%
LHX	C	0.09%	0.22%	0.09%
LIN	D	0.43%	0.49%	0.43%
LKQ	D	0.02%	0.05%	0.02%
LMT	D	0.23%	0.54%	0.23%
LNT	A	0.03%	0.07%	0.03%
LOW	D	0.31%	0.72%	0.31%
LUV	C	0.04%	0.09%	0.04%
LVS	C	0.03%	0.03%	0.03%
LW	C	0.02%	0.02%	0.02%
LYB	F	0.04%	0.1%	0.04%
MA	C	0.85%	0.56%	0.56%
MAA	B	0.04%	0.09%	0.04%
MAS	D	0.03%	0.04%	0.03%
MCD	D	0.43%	0.56%	0.43%
MCHP	D	0.07%	0.07%	0.07%
MCK	B	0.16%	0.37%	0.16%
MCO	B	0.15%	0.19%	0.15%
MDLZ	F	0.17%	0.24%	0.17%
MDT	D	0.22%	0.52%	0.22%
MET	A	0.1%	0.23%	0.1%
MGM	D	0.02%	0.01%	0.01%
MHK	D	0.01%	0.03%	0.01%
MKC	D	0.04%	0.09%	0.04%
MKTX	D	0.02%	0.05%	0.02%
MLM	B	0.07%	0.06%	0.06%
MMC	B	0.22%	0.25%	0.22%
MMM	D	0.14%	0.34%	0.14%
MNST	C	0.08%	0.07%	0.07%
MO	A	0.19%	0.44%	0.19%
MOH	F	0.04%	0.03%	0.03%
MOS	F	0.02%	0.04%	0.02%
MPC	D	0.11%	0.11%	0.11%
MRK	F	0.5%	0.7%	0.5%
MRNA	F	0.03%	0.06%	0.03%
MRO	B	0.03%	0.04%	0.03%
MS	A	0.33%	0.77%	0.33%
MSCI	C	0.09%	0.1%	0.09%
MSI	B	0.16%	0.16%	0.16%
MTB	A	0.07%	0.17%	0.07%
MTCH	D	0.02%	0.04%	0.02%
MTD	D	0.05%	0.08%	0.05%
MU	D	0.22%	0.52%	0.22%
NDAQ	A	0.06%	0.15%	0.06%
NDSN	B	0.03%	0.07%	0.03%
NEE	D	0.31%	0.72%	0.31%
NEM	D	0.09%	0.22%	0.09%
NI	A	0.03%	0.08%	0.03%
NKE	D	0.18%	0.24%	0.18%
NOC	D	0.14%	0.32%	0.14%
NRG	B	0.04%	0.09%	0.04%
NSC	B	0.12%	0.28%	0.12%
NTAP	C	0.05%	0.07%	0.05%
NTRS	A	0.04%	0.1%	0.04%
NUE	C	0.07%	0.06%	0.06%
NWS	B	0.01%	0.02%	0.01%
NWSA	B	0.02%	0.05%	0.02%
NXPI	D	0.11%	0.07%	0.07%
O	D	0.1%	0.23%	0.1%
OKE	A	0.13%	0.11%	0.11%
OMC	C	0.04%	0.1%	0.04%
ON	D	0.06%	0.08%	0.06%
ORLY	B	0.14%	0.09%	0.09%
OTIS	C	0.08%	0.11%	0.08%
OXY	D	0.07%	0.16%	0.07%
PARA	C	0.01%	0.03%	0.01%
PAYC	B	0.02%	0.03%	0.02%
PAYX	C	0.09%	0.13%	0.09%
PCAR	B	0.12%	0.08%	0.08%
PCG	A	0.09%	0.21%	0.09%
PEG	A	0.09%	0.2%	0.09%
PEP	F	0.45%	0.68%	0.45%
PFE	D	0.29%	0.69%	0.29%
PFG	D	0.04%	0.09%	0.04%
PG	A	0.78%	1.12%	0.78%
PGR	A	0.3%	0.35%	0.3%
PH	A	0.18%	0.09%	0.09%
PKG	A	0.04%	0.1%	0.04%
PLD	D	0.21%	0.5%	0.21%
PM	B	0.4%	0.59%	0.4%
PNC	B	0.16%	0.39%	0.16%
PNR	A	0.03%	0.02%	0.02%
PNW	B	0.02%	0.05%	0.02%
PODD	C	0.04%	0.05%	0.04%
POOL	C	0.03%	0.03%	0.03%
PPG	F	0.06%	0.13%	0.06%
PPL	B	0.05%	0.12%	0.05%
PRU	A	0.09%	0.21%	0.09%
PSA	D	0.1%	0.14%	0.1%
PSX	C	0.11%	0.25%	0.11%
PTC	A	0.05%	0.04%	0.04%
PWR	A	0.09%	0.07%	0.07%
PYPL	B	0.17%	0.41%	0.17%
QCOM	F	0.36%	0.41%	0.36%
QRVO	F	0.01%	0.03%	0.01%
REG	B	0.02%	0.06%	0.02%
REGN	F	0.16%	0.16%	0.16%
RF	A	0.05%	0.11%	0.05%
RJF	A	0.06%	0.14%	0.06%
RL	B	0.02%	0.02%	0.02%
RMD	C	0.07%	0.16%	0.07%
ROK	B	0.06%	0.08%	0.06%
ROL	B	0.03%	0.04%	0.03%
ROP	B	0.12%	0.16%	0.12%
RSG	A	0.08%	0.09%	0.08%
RTX	C	0.31%	0.74%	0.31%
RVTY	F	0.03%	0.07%	0.03%
SBAC	D	0.05%	0.07%	0.05%
SBUX	A	0.22%	0.22%	0.22%
SCHW	B	0.24%	0.56%	0.24%
SHW	A	0.18%	0.21%	0.18%
SJM	D	0.02%	0.06%	0.02%
SLB	C	0.12%	0.29%	0.12%
SNA	A	0.04%	0.05%	0.04%
SO	D	0.19%	0.44%	0.19%
SOLV	C	0.02%	0.04%	0.02%
SPG	B	0.11%	0.16%	0.11%
SPGI	C	0.32%	0.43%	0.32%
SRE	A	0.11%	0.27%	0.11%
STE	F	0.04%	0.05%	0.04%
STLD	B	0.04%	0.03%	0.03%
STT	A	0.06%	0.13%	0.06%
STX	D	0.04%	0.06%	0.04%
STZ	D	0.08%	0.18%	0.08%
SW	A	0.05%	0.12%	0.05%
SWK	D	0.03%	0.06%	0.03%
SWKS	F	0.03%	0.06%	0.03%
SYF	B	0.05%	0.12%	0.05%
SYK	C	0.26%	0.22%	0.22%
SYY	B	0.07%	0.17%	0.07%
T	A	0.32%	0.75%	0.32%
TAP	C	0.02%	0.05%	0.02%
TDY	B	0.04%	0.1%	0.04%
TECH	D	0.02%	0.05%	0.02%
TER	D	0.03%	0.08%	0.03%
TFC	A	0.12%	0.29%	0.12%
TFX	F	0.02%	0.04%	0.02%
TGT	F	0.14%	0.33%	0.14%
TJX	A	0.27%	0.22%	0.22%
TMO	F	0.4%	0.59%	0.4%
TMUS	B	0.23%	0.55%	0.23%
TPR	B	0.03%	0.06%	0.03%
TRMB	B	0.03%	0.08%	0.03%
TROW	B	0.05%	0.13%	0.05%
TRV	B	0.12%	0.27%	0.12%
TSCO	D	0.06%	0.08%	0.06%
TSN	B	0.04%	0.09%	0.04%
TT	A	0.18%	0.13%	0.13%
TTWO	A	0.06%	0.07%	0.06%
TXN	C	0.37%	0.56%	0.37%
TXT	D	0.03%	0.08%	0.03%
UAL	A	0.06%	0.14%	0.06%
UDR	B	0.03%	0.06%	0.03%
UHS	D	0.02%	0.06%	0.02%
ULTA	F	0.04%	0.03%	0.03%
UNH	C	1.09%	1.59%	1.09%
UNP	C	0.28%	0.37%	0.28%
UPS	C	0.19%	0.46%	0.19%
USB	A	0.16%	0.37%	0.16%
V	A	1.02%	0.82%	0.82%
VICI	C	0.07%	0.15%	0.07%
VLO	C	0.09%	0.21%	0.09%
VLTO	D	0.05%	0.12%	0.05%
VMC	B	0.07%	0.06%	0.06%
VRSK	A	0.08%	0.09%	0.08%
VRSN	F	0.03%	0.04%	0.03%
VRTX	F	0.25%	0.21%	0.21%
VTR	C	0.05%	0.12%	0.05%
VTRS	A	0.03%	0.07%	0.03%
VZ	C	0.34%	0.81%	0.34%
WAB	B	0.07%	0.16%	0.07%
WAT	B	0.04%	0.07%	0.04%
WBA	F	0.01%	0.03%	0.01%
WBD	C	0.04%	0.1%	0.04%
WDC	D	0.04%	0.1%	0.04%
WEC	A	0.06%	0.14%	0.06%
WELL	A	0.15%	0.36%	0.15%
WFC	A	0.49%	1.16%	0.49%
WM	A	0.16%	0.2%	0.16%
WMB	A	0.13%	0.19%	0.13%
WMT	A	0.73%	1.72%	0.73%
WRB	A	0.04%	0.08%	0.04%
WTW	B	0.06%	0.15%	0.06%
WY	D	0.04%	0.11%	0.04%
XEL	A	0.08%	0.18%	0.08%
XOM	B	1.06%	2.51%	1.06%
XYL	D	0.06%	0.14%	0.06%
YUM	B	0.08%	0.1%	0.08%
ZBH	C	0.04%	0.1%	0.04%
ZBRA	B	0.04%	0.1%	0.04%
ZTS	D	0.16%	0.17%	0.16%

SPY Overweight 66 Positions Relative to SPYV

Symbol	Grade	Weight
NVDA	C	7.17%
AAPL	C	6.89%
MSFT	F	6.3%
AMZN	C	3.92%
META	D	2.5%
GOOGL	C	2.04%
TSLA	B	1.72%
GOOG	C	1.69%
AVGO	D	1.58%
LLY	F	1.23%
NFLX	A	0.71%
CRM	B	0.64%
ORCL	B	0.59%
ADBE	C	0.47%
AMD	F	0.45%
NOW	A	0.43%
INTU	C	0.39%
BKNG	A	0.33%
AMAT	F	0.31%
UBER	D	0.3%
PANW	C	0.25%
PLTR	B	0.24%
ANET	C	0.2%
KKR	A	0.2%
LRCX	F	0.19%
SNPS	B	0.17%
KLAC	D	0.17%
CRWD	B	0.16%
CMG	B	0.16%
CDNS	B	0.16%
TDG	D	0.14%
MAR	B	0.13%
FTNT	C	0.12%
HLT	A	0.12%
RCL	A	0.11%
URI	B	0.11%
FICO	B	0.11%
DHI	D	0.1%
CPRT	A	0.1%
AXON	A	0.09%
ROST	C	0.09%
VST	B	0.09%
LULU	C	0.08%
HES	B	0.08%
IT	C	0.08%
TRGP	B	0.08%
ODFL	B	0.08%
FANG	D	0.07%
ACGL	D	0.07%
MPWR	F	0.06%
NVR	D	0.06%
EXPE	B	0.05%
WST	C	0.05%
CPAY	A	0.05%
GDDY	A	0.05%
TYL	B	0.05%
FTV	C	0.05%
PHM	D	0.05%
DECK	A	0.05%
LYV	A	0.04%
BLDR	D	0.04%
CE	F	0.02%
APA	D	0.02%
WYNN	D	0.02%
SMCI	F	0.02%
NCLH	B	0.02%

SPY Underweight 0 Positions Relative to SPYV

	Symbol	Grade	Weight