SPYG vs. FWD ETF Comparison

Comparison of SPDR S&P 500 Growth ETF (based on S&P 500 Growth Index) (SPYG) to AB Disruptors ETF (FWD)

SPYG

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

SPYG Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "growth" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Growth 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 growth sector in the U.S. equity market. It is non-diversified.

Grade (RS Rating)

Last Trade

$86.91

Average Daily Volume

1,989,660

Number of Holdings ^*

231

* may have additional holdings in another (foreign) market

FWD

AB Disruptors ETF

FWD Description

FWD seeks capital growth by actively investing in companies globally, believed to be at the forefront of innovative growth trends. The funds adviser considers such companies as market disrupters. Many may utilize technology to enhance or create new demand for their product or service. The selection process combines a top-down evaluation of macroeconomic growth trends with fundamental, bottom-up analysis of individual companies. Factors such as current and projected profitability, pricing power, competitiveness, technological superiority, and management robustness of a company are considered. Targeted themes may include cloud infrastructure & AI, energy transition, transportation & logistics, medical innovation, digital transactions & media, and industrial innovation. The resulting portfolio of 80-120 stocks is considered non-diversified and may heavily focus on industries within the Information Technology sector.

Grade (RS Rating)

Last Trade

$81.72

Average Daily Volume

19,575

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPYG	FWD
30 Days	3.80%	3.20%
60 Days	7.65%	7.97%
90 Days	8.51%	7.75%
12 Months	40.68%	45.06%

42 Overlapping Holdings

Symbol	Grade	Weight in SPYG	Weight in FWD	Overlap
AAPL	C	11.82%	0.73%	0.73%
ABBV	F	0.45%	0.71%	0.45%
ABNB	C	0.1%	0.45%	0.1%
ADBE	C	0.75%	0.73%	0.73%
ADI	D	0.23%	0.64%	0.23%
AMAT	F	0.54%	0.93%	0.54%
AMD	F	0.82%	0.7%	0.7%
AMZN	A	6.66%	1.36%	1.36%
ANET	C	0.35%	1.59%	0.35%
AVGO	C	2.93%	1.51%	1.51%
BKNG	A	0.57%	0.61%	0.57%
BSX	A	0.24%	1.49%	0.24%
CAT	B	0.38%	0.97%	0.38%
CRWD	B	0.26%	1.08%	0.26%
EPAM	B	0.02%	1.17%	0.02%
ETN	B	0.31%	1.09%	0.31%
FCX	F	0.11%	0.41%	0.11%
FTNT	B	0.2%	1.2%	0.2%
GEV	B	0.14%	2.07%	0.14%
GOOGL	C	3.58%	0.53%	0.53%
HWM	B	0.09%	1.18%	0.09%
IQV	F	0.05%	0.47%	0.05%
ISRG	A	0.43%	1.59%	0.43%
LLY	F	2.25%	0.83%	0.83%
LRCX	F	0.35%	0.98%	0.35%
META	B	4.41%	1.44%	1.44%
MPWR	F	0.13%	0.42%	0.13%
MSFT	C	10.76%	0.69%	0.69%
NFLX	A	1.17%	1.45%	1.17%
NOW	A	0.71%	0.56%	0.56%
NVDA	A	12.44%	5.44%	5.44%
ON	F	0.05%	1.01%	0.05%
ORCL	A	1.04%	2.12%	1.04%
PLTR	B	0.4%	1.26%	0.4%
SNPS	C	0.29%	0.73%	0.29%
SYK	A	0.28%	0.78%	0.28%
TMO	F	0.27%	0.6%	0.27%
TSLA	B	3.05%	2.9%	2.9%
TT	B	0.22%	1.03%	0.22%
TXN	B	0.25%	1.5%	0.25%
UBER	F	0.52%	0.52%	0.52%
VST	B	0.17%	2.21%	0.17%

SPYG Overweight 189 Positions Relative to FWD

Symbol	Grade	Weight
GOOG	C	2.96%
V	A	1.16%
MA	B	1.07%
CRM	B	1.07%
UNH	B	0.74%
INTU	A	0.66%
COST	B	0.6%
PG	C	0.53%
HD	B	0.51%
PANW	B	0.43%
ACN	B	0.41%
AXP	B	0.39%
LIN	D	0.39%
MRK	F	0.36%
KKR	B	0.35%
QCOM	F	0.34%
KO	F	0.33%
BX	A	0.32%
KLAC	F	0.32%
MCD	C	0.32%
COP	C	0.31%
GE	D	0.3%
TJX	A	0.3%
VRTX	B	0.29%
CMG	B	0.28%
PEP	D	0.28%
CDNS	B	0.28%
TDG	D	0.26%
PGR	A	0.26%
PM	B	0.25%
PH	A	0.24%
SPGI	C	0.24%
UNP	D	0.23%
FI	A	0.22%
SBUX	B	0.22%
MAR	A	0.22%
HLT	A	0.21%
FICO	B	0.2%
DE	D	0.2%
MMC	D	0.2%
URI	B	0.2%
ORLY	A	0.18%
REGN	F	0.18%
RCL	A	0.18%
ADP	A	0.17%
BA	F	0.17%
MSI	B	0.17%
CPRT	A	0.17%
DHI	D	0.17%
APH	B	0.17%
EOG	A	0.17%
ROST	D	0.16%
CTAS	B	0.15%
ODFL	B	0.15%
AON	B	0.15%
AXON	B	0.15%
PCAR	B	0.15%
ZTS	D	0.15%
NXPI	F	0.15%
SHW	A	0.15%
GWW	B	0.14%
EQIX	B	0.14%
TRGP	B	0.14%
IT	B	0.14%
AZO	B	0.13%
MDLZ	F	0.13%
ACGL	C	0.13%
WM	A	0.13%
AMT	F	0.13%
OKE	A	0.13%
NKE	F	0.13%
HES	B	0.13%
PWR	B	0.12%
CEG	D	0.12%
ITW	B	0.12%
ADSK	B	0.12%
CSX	B	0.12%
MCO	C	0.12%
LULU	B	0.12%
CARR	C	0.11%
HCA	D	0.11%
IR	A	0.11%
ECL	C	0.11%
FANG	C	0.11%
AJG	A	0.11%
MPC	D	0.1%
AMP	A	0.1%
CME	B	0.1%
CL	F	0.1%
MLM	B	0.09%
GDDY	B	0.09%
CPAY	A	0.09%
ROP	A	0.09%
FTV	C	0.09%
TYL	B	0.09%
MSCI	B	0.09%
WMB	B	0.09%
DECK	B	0.09%
PHM	D	0.09%
NVR	D	0.09%
DAL	A	0.08%
VRSK	A	0.08%
PSA	D	0.08%
EXPE	B	0.08%
MNST	B	0.08%
DLR	C	0.08%
MCHP	F	0.08%
LEN	D	0.08%
WST	B	0.08%
DFS	B	0.08%
NUE	D	0.08%
FAST	B	0.08%
RSG	B	0.08%
VMC	B	0.08%
PAYX	B	0.07%
LYV	A	0.07%
IDXX	F	0.07%
SPG	A	0.07%
DELL	C	0.07%
BLDR	C	0.07%
BRO	B	0.07%
AME	A	0.07%
EA	A	0.06%
ANSS	B	0.06%
DXCM	C	0.06%
CCL	B	0.06%
CHTR	B	0.06%
GRMN	A	0.06%
YUM	B	0.06%
IRM	D	0.06%
CBOE	D	0.05%
STLD	C	0.05%
CSGP	F	0.05%
PTC	B	0.05%
TTWO	A	0.05%
EW	F	0.05%
ROK	B	0.05%
BR	A	0.05%
OTIS	D	0.05%
DRI	B	0.04%
MTD	F	0.04%
LVS	C	0.04%
CDW	F	0.04%
MOH	F	0.04%
HUBB	C	0.04%
CHD	A	0.04%
CTRA	B	0.04%
NCLH	B	0.04%
PNR	A	0.04%
STE	D	0.04%
ULTA	C	0.04%
SMCI	F	0.04%
EFX	F	0.04%
TSCO	D	0.04%
VRSN	C	0.03%
HST	D	0.03%
LW	B	0.03%
WYNN	C	0.03%
APA	F	0.03%
POOL	D	0.03%
CF	B	0.03%
JBL	C	0.03%
WAT	B	0.03%
MRO	B	0.03%
ALGN	D	0.03%
SNA	A	0.03%
FDS	A	0.03%
STX	D	0.03%
CE	F	0.03%
NTAP	D	0.03%
MAS	D	0.03%
SBAC	D	0.03%
HSY	F	0.03%
ALLE	D	0.02%
PAYC	B	0.02%
RL	B	0.02%
CZR	F	0.02%
AOS	F	0.02%
MGM	D	0.02%
ROL	C	0.02%
ERIE	F	0.02%
EXPD	C	0.02%
AKAM	F	0.02%
DPZ	C	0.02%
GNRC	B	0.02%
DAY	B	0.02%
PODD	B	0.02%
ENPH	F	0.01%
DVA	C	0.01%

SPYG Underweight 40 Positions Relative to FWD

Symbol	Grade	Weight
VRT	B	-1.63%
SHOP	B	-1.39%
MRVL	B	-1.23%
SPOT	A	-1.17%
TTD	B	-1.14%
COHR	C	-1.12%
DASH	A	-1.05%
APO	B	-1.05%
MU	D	-1.04%
IOT	B	-1.01%
LSCC	D	-0.96%
ARM	D	-0.96%
DDOG	B	-0.95%
TER	F	-0.94%
TEAM	B	-0.94%
MDB	C	-0.91%
MELI	D	-0.86%
WAB	B	-0.85%
BKR	B	-0.84%
GWRE	A	-0.78%
CIEN	B	-0.76%
RBLX	B	-0.75%
NEE	D	-0.74%
MNDY	C	-0.73%
LITE	B	-0.68%
HUBS	B	-0.66%
SLAB	F	-0.65%
ILMN	C	-0.62%
AFRM	B	-0.59%
CRL	C	-0.55%
FROG	C	-0.52%
RDDT	B	-0.51%
ABT	C	-0.5%
BSY	F	-0.49%
RGEN	C	-0.48%
MEDP	D	-0.46%
IPGP	C	-0.45%
PI	D	-0.41%
Z	B	-0.4%
CALX	F	-0.01%