XSW vs. TRFM ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to AAM Transformers ETF (TRFM)

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

TRFM

AAM Transformers ETF

TRFM Description

AAM Transformers ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across aerospace & defense, electronic components, IT consulting & other services, alternative carriers, electronic equipment & instruments, oil & gas refining & marketing, application software, heavy electrical equipment, independent power and renewable electricity producers, automobile manufacturers, hotels, resorts & cruise lines and leisure, semiconductors and semiconductor equipment, communications equipment, industrial machinery, consumer electronics, interactive home entertainment, specialty chemicals, copper, interactive media & services, systems software, data processing & outsourced services, internet & direct marketing retail, technology hardware and equipment, storage & peripherals, electrical components & equipment, internet services & infrastructure, trucking, communication services, media and entertainment, telecommunication services, diversified telecommunication services, consumer discretionary, automobiles and components, consumer durables and apparel, household durables, consumer services, retailing, energy, oil, gas and consumable fuels, industrials, capital goods, machinery, transportation, road and rail, information technology, software and services, IT services, materials, chemicals, metals and mining, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Pence Transformers Index, by using full replication technique. AAM Transformers ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$38.22

Average Daily Volume

2,566

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	XSW	TRFM
30 Days	13.39%	5.42%
60 Days	20.65%	15.34%
90 Days	23.52%	15.54%
12 Months	41.69%	35.68%

47 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in TRFM	Overlap
ACN	C	0.63%	0.53%	0.53%
ADBE	C	0.57%	0.72%	0.57%
ADSK	A	0.7%	0.68%	0.68%
AGYS	B	0.7%	0.29%	0.29%
AI	B	0.73%	0.34%	0.34%
ALKT	B	0.76%	0.35%	0.35%
APP	B	1.33%	1.12%	1.12%
APPF	B	0.62%	0.27%	0.27%
BILL	A	0.77%	0.31%	0.31%
BRZE	C	0.61%	0.25%	0.25%
CDNS	B	0.68%	0.67%	0.67%
CFLT	B	0.83%	0.36%	0.36%
CLSK	C	0.88%	0.42%	0.42%
CRM	B	0.74%	1.02%	0.74%
CRWD	B	0.78%	0.74%	0.74%
CWAN	B	0.83%	0.31%	0.31%
DDOG	B	0.72%	0.67%	0.67%
DT	C	0.65%	0.29%	0.29%
FICO	B	0.71%	0.68%	0.68%
FTNT	B	0.68%	0.6%	0.6%
GTLB	B	0.68%	0.29%	0.29%
HCP	A	0.61%	0.26%	0.26%
HUBS	B	0.8%	0.68%	0.68%
IBM	C	0.61%	0.86%	0.61%
INTU	A	0.63%	0.84%	0.63%
IOT	B	0.66%	0.64%	0.64%
MARA	C	0.73%	0.37%	0.37%
MSFT	C	0.6%	0.85%	0.6%
NOW	A	0.7%	0.97%	0.7%
NTNX	B	0.73%	0.29%	0.29%
ORCL	A	0.7%	1.03%	0.7%
PANW	A	0.68%	0.93%	0.68%
PCOR	B	0.75%	0.34%	0.34%
PTC	B	0.67%	0.31%	0.31%
RBLX	B	0.7%	0.68%	0.68%
RBRK	B	0.89%	0.37%	0.37%
S	B	0.75%	0.32%	0.32%
SMAR	A	0.65%	0.28%	0.28%
SNPS	B	0.71%	0.67%	0.67%
SPSC	D	0.58%	0.26%	0.26%
TEAM	B	0.87%	0.71%	0.71%
TTWO	A	0.72%	0.6%	0.6%
TYL	B	0.64%	0.58%	0.58%
VERX	B	0.86%	0.37%	0.37%
WDAY	B	0.63%	0.55%	0.55%
ZETA	D	0.76%	0.33%	0.33%
ZS	B	0.7%	0.7%	0.7%

XSW Overweight 87 Positions Relative to TRFM

Symbol	Grade	Weight
CIFR	B	1.37%
WULF	C	1.18%
MSTR	B	1.16%
NNBR	D	1.08%
RIOT	B	1.05%
PLTR	B	0.95%
FRSH	B	0.9%
NCNO	B	0.87%
SOUN	C	0.87%
QTWO	A	0.83%
DOCU	B	0.82%
INTA	B	0.81%
IDCC	B	0.8%
RNG	B	0.8%
PRO	C	0.79%
PEGA	A	0.78%
APPN	B	0.77%
QLYS	B	0.75%
ACIW	B	0.74%
WK	B	0.74%
KD	A	0.73%
RPD	C	0.73%
DJCO	B	0.72%
ALTR	C	0.72%
ZM	B	0.72%
BL	B	0.72%
CVLT	A	0.71%
PRGS	A	0.71%
FIVN	C	0.7%
EPAM	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%
SWI	B	0.67%
EA	A	0.67%
MITK	C	0.67%
PLTK	B	0.67%
AUR	D	0.66%
RAMP	C	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%
OLO	B	0.65%
MANH	C	0.65%
SEMR	C	0.64%
CTSH	A	0.64%
DLB	C	0.64%
IT	A	0.64%
TDC	D	0.63%
BSY	F	0.63%
ALRM	C	0.63%
OSPN	A	0.63%
ROP	A	0.63%
BOX	A	0.62%
MLNK	C	0.62%
GDYN	B	0.61%
INST	B	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%
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 126 Positions Relative to TRFM

Symbol	Grade	Weight
NVDA	B	-1.15%
TSLA	B	-1.1%
AVGO	C	-1.06%
ETN	A	-1.02%
AMZN	A	-0.98%
VST	B	-0.97%
GEV	B	-0.96%
GOOGL	B	-0.95%
META	B	-0.92%
TXN	C	-0.88%
V	A	-0.88%
MA	B	-0.88%
AMD	F	-0.87%
UBER	F	-0.86%
AAPL	C	-0.81%
MRVL	B	-0.77%
DASH	A	-0.77%
ANET	C	-0.76%
MU	D	-0.73%
AXON	B	-0.73%
EMR	A	-0.72%
SQ	B	-0.71%
TCOM	C	-0.71%
ABNB	C	-0.7%
HWM	A	-0.7%
NET	B	-0.69%
APH	B	-0.68%
PDD	F	-0.66%
CPAY	A	-0.65%
PINS	F	-0.65%
AME	A	-0.65%
GFS	C	-0.65%
SNOW	C	-0.63%
SHOP	A	-0.62%
TSM	C	-0.62%
ARM	D	-0.62%
SE	B	-0.62%
CPNG	B	-0.61%
FTV	D	-0.6%
TDG	B	-0.6%
HEI	B	-0.59%
STX	D	-0.59%
LRCX	F	-0.59%
RKLB	B	-0.58%
MDB	C	-0.56%
MPWR	F	-0.55%
SAP	C	-0.55%
RDDT	B	-0.55%
ABBV	D	-0.54%
MELI	D	-0.54%
KLAC	F	-0.53%
FSLR	F	-0.52%
BA	F	-0.52%
CRDO	B	-0.47%
ASML	F	-0.45%
ZK	B	-0.43%
RMBS	B	-0.4%
BILI	C	-0.39%
GTLS	A	-0.39%
COHR	B	-0.38%
SITM	B	-0.38%
XPEV	B	-0.38%
SNAP	C	-0.36%
LITE	A	-0.36%
TOST	A	-0.36%
PAY	B	-0.35%
IPGP	C	-0.35%
LI	F	-0.35%
FOUR	B	-0.34%
GRAB	A	-0.34%
LYFT	B	-0.34%
AFRM	B	-0.34%
GNRC	B	-0.34%
MNDY	C	-0.34%
AEIS	C	-0.33%
PI	D	-0.33%
NVT	B	-0.33%
SMCI	F	-0.33%
EXLS	B	-0.33%
HUBB	B	-0.33%
MTSI	B	-0.33%
GLBE	B	-0.32%
GDS	B	-0.32%
ITT	A	-0.31%
CLBT	C	-0.31%
BZ	F	-0.31%
AVAV	C	-0.31%
SMTC	B	-0.31%
POWI	C	-0.3%
AMBA	C	-0.3%
BMI	B	-0.3%
FROG	C	-0.3%
ASX	F	-0.29%
BE	B	-0.29%
DCI	A	-0.29%
CGNX	C	-0.29%
ORA	C	-0.29%
CYBR	B	-0.29%
GLOB	B	-0.29%
FLNC	D	-0.28%
ERJ	A	-0.28%
WWD	B	-0.28%
NDSN	B	-0.28%
EVTC	C	-0.28%
SLAB	F	-0.28%
AY	A	-0.27%
STNE	F	-0.27%
FLYW	B	-0.27%
ALGM	F	-0.27%
DLO	D	-0.27%
ENS	D	-0.27%
FORM	F	-0.26%
ONTO	F	-0.26%
OLED	F	-0.26%
NIO	F	-0.26%
SYNA	D	-0.26%
SPR	F	-0.25%
AIN	D	-0.25%
ENTG	D	-0.25%
AES	F	-0.23%
PAGS	F	-0.23%
TER	F	-0.23%
UMC	F	-0.22%
MQ	F	-0.2%
RIVN	D	-0.19%
RUN	F	-0.17%

TRFM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Aerospace & Defense Semiconductor Equipment & Materials Information Technology Services Auto Manufacturers Diversified Industrials Electronic Components Internet Content & Information Scientific & Technical Instruments Business Services Internet Content & Information Specialty Retail Utilities - Independent Power Producers Communication Equipment Credit Services Data Storage Electronic Gaming & Multimedia Internet Retail