XSW vs. GLOF ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to iShares Global Equity Factor ETF (GLOF)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$185.50

Average Daily Volume

12,949

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.76

Average Daily Volume

4,452

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	XSW	GLOF
30 Days	13.39%	-0.97%
60 Days	20.65%	2.92%
90 Days	23.52%	4.28%
12 Months	41.69%	27.38%

19 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in GLOF	Overlap
ACN	C	0.63%	0.29%	0.29%
ADBE	C	0.57%	0.18%	0.18%
CDNS	B	0.68%	0.51%	0.51%
CRWD	B	0.78%	0.26%	0.26%
DOCU	B	0.82%	0.38%	0.38%
EA	A	0.67%	0.04%	0.04%
FICO	B	0.71%	0.62%	0.62%
FTNT	B	0.68%	0.64%	0.64%
HUBS	B	0.8%	0.16%	0.16%
IBM	C	0.61%	0.08%	0.08%
INTU	A	0.63%	0.52%	0.52%
IT	A	0.64%	0.35%	0.35%
MSFT	C	0.6%	4.03%	0.6%
NOW	A	0.7%	0.35%	0.35%
ORCL	A	0.7%	0.39%	0.39%
PANW	A	0.68%	0.33%	0.33%
SNPS	B	0.71%	0.23%	0.23%
TEAM	B	0.87%	0.54%	0.54%
ZS	B	0.7%	0.13%	0.13%

XSW Overweight 115 Positions Relative to GLOF

Symbol	Grade	Weight
CIFR	B	1.37%
APP	B	1.33%
WULF	C	1.18%
MSTR	B	1.16%
NNBR	D	1.08%
RIOT	B	1.05%
PLTR	B	0.95%
FRSH	B	0.9%
RBRK	B	0.89%
CLSK	C	0.88%
NCNO	B	0.87%
SOUN	C	0.87%
VERX	B	0.86%
CWAN	B	0.83%
QTWO	A	0.83%
CFLT	B	0.83%
INTA	B	0.81%
IDCC	B	0.8%
RNG	B	0.8%
PRO	C	0.79%
PEGA	A	0.78%
APPN	B	0.77%
BILL	A	0.77%
ZETA	D	0.76%
ALKT	B	0.76%
PCOR	B	0.75%
QLYS	B	0.75%
S	B	0.75%
ACIW	B	0.74%
CRM	B	0.74%
WK	B	0.74%
NTNX	B	0.73%
AI	B	0.73%
MARA	C	0.73%
KD	A	0.73%
RPD	C	0.73%
TTWO	A	0.72%
DJCO	B	0.72%
ALTR	C	0.72%
ZM	B	0.72%
DDOG	B	0.72%
BL	B	0.72%
CVLT	A	0.71%
PRGS	A	0.71%
AGYS	B	0.7%
FIVN	C	0.7%
EPAM	B	0.7%
ADSK	A	0.7%
RBLX	B	0.7%
ASAN	C	0.7%
DV	C	0.69%
DBX	B	0.69%
GWRE	A	0.69%
BLND	B	0.69%
PD	C	0.69%
ATEN	B	0.69%
ESTC	C	0.69%
SPT	C	0.68%
GEN	A	0.68%
U	F	0.68%
ANSS	B	0.68%
ZUO	B	0.68%
GTLB	B	0.68%
SWI	B	0.67%
MITK	C	0.67%
PTC	B	0.67%
PLTK	B	0.67%
AUR	D	0.66%
RAMP	C	0.66%
IOT	B	0.66%
INFA	D	0.65%
TENB	C	0.65%
VYX	B	0.65%
DXC	B	0.65%
QXO	D	0.65%
ASGN	C	0.65%
PATH	C	0.65%
DT	C	0.65%
SMAR	A	0.65%
OLO	B	0.65%
MANH	C	0.65%
SEMR	C	0.64%
CTSH	A	0.64%
TYL	B	0.64%
DLB	C	0.64%
TDC	D	0.63%
BSY	F	0.63%
WDAY	B	0.63%
ALRM	C	0.63%
OSPN	A	0.63%
ROP	A	0.63%
APPF	B	0.62%
BOX	A	0.62%
MLNK	C	0.62%
GDYN	B	0.61%
BRZE	C	0.61%
INST	B	0.61%
HCP	A	0.61%
ENV	B	0.61%
BLKB	C	0.6%
YEXT	A	0.6%
VRNS	D	0.6%
CXM	C	0.59%
JAMF	F	0.59%
NABL	F	0.58%
SPSC	D	0.58%
IBUY	A	0.57%
YOU	D	0.57%
VRNT	D	0.55%
ETWO	D	0.47%
WEAV	B	0.47%
DMRC	C	0.42%
CCSI	B	0.41%
HCKT	B	0.39%
LGTY	B	0.26%

XSW Underweight 170 Positions Relative to GLOF

Symbol	Grade	Weight
NVDA	B	-4.43%
AAPL	C	-4.18%
GOOG	B	-2.57%
AMZN	A	-2.18%
META	B	-1.39%
AVGO	C	-1.3%
JPM	B	-0.9%
LLY	F	-0.81%
UNH	B	-0.76%
BKNG	A	-0.75%
V	A	-0.74%
ABBV	D	-0.73%
PG	C	-0.7%
HD	B	-0.68%
LOW	B	-0.67%
WMT	A	-0.63%
PEP	D	-0.63%
MCK	A	-0.6%
JNJ	D	-0.6%
SYF	B	-0.57%
MCD	C	-0.54%
MA	B	-0.52%
COST	B	-0.51%
MSI	B	-0.5%
CTAS	A	-0.49%
AMP	A	-0.49%
BLDR	D	-0.47%
MRK	F	-0.44%
TT	A	-0.43%
LII	B	-0.42%
KR	A	-0.42%
MTD	F	-0.41%
AZO	C	-0.41%
BBY	D	-0.4%
VST	B	-0.38%
FERG	B	-0.37%
TXN	C	-0.37%
TMO	F	-0.36%
QCOM	F	-0.36%
XOM	B	-0.36%
AMAT	F	-0.36%
COF	B	-0.35%
TSLA	B	-0.34%
BMY	B	-0.33%
ORLY	A	-0.33%
DELL	B	-0.33%
T	A	-0.33%
ELV	F	-0.32%
HPE	B	-0.32%
KLAC	F	-0.32%
EBAY	C	-0.31%
MSCI	B	-0.31%
GILD	C	-0.3%
MFG	B	-0.3%
STLD	B	-0.3%
TGT	C	-0.29%
MELI	D	-0.28%
HPQ	B	-0.27%
PM	C	-0.26%
GWW	B	-0.25%
ALLY	C	-0.25%
CSCO	A	-0.24%
ANET	C	-0.24%
HOLX	D	-0.24%
ABT	C	-0.24%
ABNB	C	-0.24%
MOH	F	-0.23%
AMGN	F	-0.23%
PFE	F	-0.22%
NUE	C	-0.22%
LRCX	F	-0.22%
PHM	D	-0.22%
YUM	B	-0.22%
BAC	A	-0.21%
AXP	B	-0.21%
MPC	D	-0.2%
KO	F	-0.2%
PSA	C	-0.2%
SPGI	C	-0.2%
NVR	D	-0.2%
MUFG	A	-0.2%
DVA	C	-0.19%
SBUX	B	-0.19%
FNF	C	-0.19%
ETN	A	-0.18%
MAS	D	-0.18%
STT	B	-0.18%
LYB	F	-0.18%
LIN	D	-0.18%
BRK.A	B	-0.18%
DFS	B	-0.18%
VRTX	B	-0.17%
AFL	C	-0.17%
VLTO	C	-0.17%
EMR	A	-0.17%
TRV	B	-0.16%
WFC	A	-0.16%
LI	F	-0.16%
GEHC	F	-0.14%
MRO	B	-0.14%
HUM	D	-0.14%
GS	B	-0.13%
VLO	D	-0.13%
SIRI	D	-0.13%
COP	C	-0.13%
HSY	D	-0.13%
NTAP	D	-0.12%
BLK	B	-0.12%
URI	B	-0.12%
UNP	C	-0.11%
CDW	F	-0.11%
UBER	F	-0.1%
VZ	C	-0.1%
EG	D	-0.1%
CVS	F	-0.1%
BK	B	-0.1%
PFG	C	-0.1%
DOW	F	-0.09%
FOXA	A	-0.09%
SMFG	B	-0.09%
A	F	-0.09%
TM	F	-0.08%
NKE	F	-0.08%
GM	A	-0.08%
SPG	B	-0.08%
NWS	B	-0.08%
DTE	D	-0.08%
IDXX	D	-0.07%
CF	B	-0.07%
ULTA	C	-0.07%
LULU	C	-0.07%
DE	D	-0.07%
TJX	B	-0.06%
CVX	B	-0.06%
CRH	B	-0.06%
NDAQ	A	-0.06%
CAT	C	-0.05%
FWONA	A	-0.05%
LINE	F	-0.05%
MDLZ	F	-0.05%
PH	A	-0.05%
CHTR	B	-0.05%
PAYX	B	-0.05%
CPNG	B	-0.05%
MRNA	F	-0.04%
FRT	C	-0.04%
TSCO	C	-0.04%
DOX	C	-0.04%
MOS	D	-0.03%
MCO	C	-0.03%
NI	A	-0.03%
MTCH	F	-0.03%
QRVO	F	-0.03%
REG	A	-0.03%
WIT	B	-0.02%
STX	D	-0.02%
OMC	B	-0.02%
GL	B	-0.02%
VICI	D	-0.02%
CSX	B	-0.02%
WY	F	-0.02%
BIIB	F	-0.02%
VRSN	C	-0.02%
MDT	D	-0.01%
OKTA	C	-0.01%
PCAR	B	-0.01%
PLD	D	-0.01%
VEEV	B	-0.01%
CEG	D	-0.01%
DHR	F	-0.01%