DTD vs. HCMT ETF Comparison

Comparison of WisdomTree Total Dividend Fund (DTD) to Direxion HCM Tactical Enhanced US ETF (HCMT)

DTD

WisdomTree Total Dividend Fund

DTD Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index. The fund invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The WisdomTree Dividend Index is a fundamentally-weighted index that defines the dividend-paying portion of the U.S. stock market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.73

Average Daily Volume

21,209

Number of Holdings ^*

811

* may have additional holdings in another (foreign) market

HCMT

Direxion HCM Tactical Enhanced US ETF

HCMT Description

The fund is actively managed and seeks to provide enhanced returns across multiple market cycles that are broadly correlated to the U.S. equity markets. The fund will invest in, to have exposure to, U.S. equity securities in order to achieve capital appreciation, or will invest in cash or cash equivalents in order to attempt to preserve capital during market downturns. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.30

Average Daily Volume

49,408

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	DTD	HCMT
30 Days	1.98%	2.51%
60 Days	4.63%	7.78%
90 Days	6.18%	8.58%
12 Months	30.71%	52.50%

349 Overlapping Holdings

	Symbol	Grade	Weight in DTD	Weight in HCMT	Overlap
	A	D	0.03%	0.06%	0.03%
	AAPL	C	3.03%	5.45%	3.03%
	ABBV	F	1.97%	0.47%	0.47%
	ABT	B	0.42%	0.31%	0.31%
	ADI	D	0.21%	0.17%	0.17%
	ADM	D	0.08%	0.04%	0.04%
	ADP	A	0.34%	0.19%	0.19%
	AEE	A	0.12%	0.04%	0.04%
	AEP	C	0.24%	0.08%	0.08%
	AFL	B	0.26%	0.09%	0.09%
	AIG	B	0.13%	0.08%	0.08%
	AIZ	A	0.03%	0.02%	0.02%
	AJG	A	0.07%	0.1%	0.07%
	ALB	B	0.02%	0.02%	0.02%
	ALL	A	0.15%	0.08%	0.08%
	AMAT	F	0.14%	0.24%	0.14%
	AME	A	0.05%	0.07%	0.05%
	AMGN	F	0.55%	0.25%	0.25%
	AMP	A	0.14%	0.09%	0.09%
	AMT	C	0.27%	0.14%	0.14%
	AOS	F	0.02%	0.01%	0.01%
	APA	D	0.02%	0.01%	0.01%
	APD	A	0.19%	0.11%	0.11%
	APH	A	0.15%	0.14%	0.14%
	ARE	F	0.07%	0.03%	0.03%
	ATO	A	0.1%	0.04%	0.04%
	AVB	B	0.16%	0.05%	0.05%
	AVGO	D	2.39%	1.25%	1.25%
	AVY	F	0.03%	0.03%	0.03%
	AWK	C	0.06%	0.04%	0.04%
	AXP	A	0.32%	0.25%	0.25%
	BAC	A	1.22%	0.49%	0.49%
	BALL	F	0.03%	0.03%	0.03%
	BBY	D	0.11%	0.03%	0.03%
	BDX	F	0.12%	0.1%	0.1%
	BEN	C	0.06%	0.01%	0.01%
	BK	A	0.23%	0.09%	0.09%
	BKNG	A	0.3%	0.26%	0.26%
	BKR	A	0.12%	0.07%	0.07%
	BLK	B	0.43%	0.23%	0.23%
	BMY	B	0.57%	0.19%	0.19%
	BR	A	0.07%	0.04%	0.04%
	BRO	B	0.04%	0.04%	0.04%
	BWA	D	0.02%	0.01%	0.01%
	BX	A	0.39%	0.21%	0.21%
	C	A	0.63%	0.2%	0.2%
	CAG	F	0.07%	0.02%	0.02%
	CAH	B	0.07%	0.05%	0.05%
	CARR	C	0.1%	0.1%	0.1%
	CAT	B	0.45%	0.3%	0.3%
	CBOE	C	0.05%	0.03%	0.03%
	CCI	C	0.22%	0.07%	0.07%
	CDW	F	0.03%	0.04%	0.03%
	CE	F	0.02%	0.01%	0.01%
	CEG	C	0.08%	0.11%	0.08%
	CF	A	0.04%	0.02%	0.02%
	CHD	A	0.04%	0.04%	0.04%
	CHRW	B	0.04%	0.02%	0.02%
	CI	D	0.21%	0.14%	0.14%
	CINF	A	0.08%	0.04%	0.04%
	CL	D	0.3%	0.12%	0.12%
	CLX	A	0.07%	0.03%	0.03%
	CMCSA	B	0.88%	0.26%	0.26%
	CME	B	0.19%	0.13%	0.13%
	CMI	A	0.17%	0.08%	0.08%
	CMS	C	0.07%	0.03%	0.03%
	CNP	A	0.05%	0.03%	0.03%
	COF	C	0.16%	0.11%	0.11%
	COP	C	0.32%	0.21%	0.21%
	COR	B	0.07%	0.07%	0.07%
	COST	A	0.44%	0.64%	0.44%
	CPB	D	0.05%	0.01%	0.01%
	CPT	B	0.03%	0.02%	0.02%
	CRM	B	0.25%	0.51%	0.25%
	CSCO	B	1.3%	0.37%	0.37%
	CSX	C	0.11%	0.11%	0.11%
	CTAS	B	0.15%	0.12%	0.12%
	CTSH	B	0.08%	0.06%	0.06%
	CVS	D	0.25%	0.11%	0.11%
	CVX	A	1.51%	0.43%	0.43%
	D	C	0.32%	0.07%	0.07%
	DAL	B	0.05%	0.07%	0.05%
	DD	C	0.09%	0.05%	0.05%
	DE	B	0.18%	0.16%	0.16%
	DELL	B	0.06%	0.06%	0.06%
	DFS	B	0.13%	0.07%	0.07%
	DGX	A	0.04%	0.03%	0.03%
	DHI	F	0.06%	0.08%	0.06%
	DHR	F	0.14%	0.24%	0.14%
	DIS	B	0.17%	0.31%	0.17%
	DLR	B	0.17%	0.09%	0.09%
	DOV	A	0.06%	0.04%	0.04%
	DOW	F	0.19%	0.05%	0.05%
	DPZ	C	0.03%	0.02%	0.02%
	DRI	B	0.11%	0.03%	0.03%
	DTE	C	0.09%	0.04%	0.04%
	DUK	C	0.39%	0.13%	0.13%
	EA	A	0.04%	0.06%	0.04%
	EBAY	D	0.09%	0.05%	0.05%
	ECL	D	0.13%	0.1%	0.1%
	ED	C	0.19%	0.05%	0.05%
	EFX	F	0.03%	0.05%	0.03%
	EIX	B	0.15%	0.05%	0.05%
	ELV	F	0.13%	0.15%	0.13%
	EMN	C	0.05%	0.02%	0.02%
	EMR	B	0.19%	0.12%	0.12%
	EOG	A	0.41%	0.12%	0.12%
	EQIX	A	0.16%	0.13%	0.13%
	EQR	C	0.1%	0.04%	0.04%
	EQT	B	0.07%	0.04%	0.04%
	ERIE	D	0.04%	0.02%	0.02%
	ES	C	0.11%	0.03%	0.03%
	ESS	B	0.06%	0.03%	0.03%
	ETR	B	0.22%	0.05%	0.05%
	EVRG	A	0.08%	0.02%	0.02%
	EXC	C	0.15%	0.06%	0.06%
	EXPD	C	0.03%	0.03%	0.03%
	EXR	C	0.15%	0.05%	0.05%
	FANG	C	0.09%	0.05%	0.05%
	FAST	B	0.19%	0.07%	0.07%
	FDS	B	0.02%	0.03%	0.02%
	FDX	B	0.16%	0.1%	0.1%
	FE	C	0.11%	0.03%	0.03%
	FIS	C	0.21%	0.08%	0.08%
	FITB	B	0.16%	0.05%	0.05%
	FOX	A	0.05%	0.01%	0.01%
	FRT	B	0.04%	0.01%	0.01%
	FTV	C	0.03%	0.04%	0.03%
	GD	D	0.2%	0.12%	0.12%
	GE	D	0.16%	0.3%	0.16%
	GEHC	D	0.03%	0.06%	0.03%
	GEN	B	0.05%	0.03%	0.03%
	GILD	C	0.47%	0.18%	0.18%
	GIS	D	0.16%	0.06%	0.06%
	GL	C	0.01%	0.02%	0.01%
	GLW	B	0.17%	0.06%	0.06%
	GM	C	0.11%	0.1%	0.1%
	GOOG	C	0.57%	1.34%	0.57%
	GOOGL	C	0.87%	1.62%	0.87%
	GPC	D	0.06%	0.03%	0.03%
	GPN	B	0.03%	0.05%	0.03%
	GS	A	0.69%	0.29%	0.29%
	GWW	B	0.1%	0.08%	0.08%
	HAL	C	0.05%	0.04%	0.04%
	HBAN	A	0.13%	0.04%	0.04%
	HCA	F	0.11%	0.1%	0.1%
	HD	B	1.78%	0.63%	0.63%
	HES	B	0.06%	0.06%	0.06%
	HIG	B	0.13%	0.05%	0.05%
	HII	F	0.02%	0.01%	0.01%
	HLT	A	0.06%	0.1%	0.06%
	HON	C	0.53%	0.24%	0.24%
	HPE	B	0.08%	0.04%	0.04%
	HPQ	B	0.15%	0.06%	0.06%
	HRL	D	0.07%	0.01%	0.01%
	HST	C	0.04%	0.02%	0.02%
	HSY	F	0.08%	0.04%	0.04%
	HUBB	B	0.05%	0.04%	0.04%
	HUM	C	0.03%	0.05%	0.03%
	HWM	A	0.04%	0.07%	0.04%
	IBM	C	1.21%	0.3%	0.3%
	ICE	C	0.21%	0.14%	0.14%
	IEX	C	0.02%	0.03%	0.02%
	INTU	B	0.17%	0.31%	0.17%
	INVH	D	0.05%	0.03%	0.03%
	IP	A	0.1%	0.03%	0.03%
	IPG	D	0.06%	0.02%	0.02%
	IR	B	0.05%	0.07%	0.05%
	IRM	C	0.11%	0.05%	0.05%
	ITW	B	0.31%	0.11%	0.11%
	J	D	0.02%	0.03%	0.02%
	JBHT	C	0.02%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JKHY	D	0.02%	0.02%	0.02%
	JNJ	C	1.83%	0.57%	0.57%
	JNPR	D	0.05%	0.02%	0.02%
	JPM	A	3.09%	1.08%	1.08%
	K	A	0.13%	0.03%	0.03%
	KDP	F	0.14%	0.06%	0.06%
	KHC	F	0.21%	0.04%	0.04%
	KIM	A	0.05%	0.03%	0.03%
	KKR	A	0.13%	0.16%	0.13%
	KLAC	F	0.1%	0.14%	0.1%
	KMB	C	0.26%	0.07%	0.07%
	KO	D	1.4%	0.38%	0.38%
	KR	B	0.16%	0.06%	0.06%
	KVUE	A	0.19%	0.07%	0.07%
	L	A	0.01%	0.02%	0.01%
	LDOS	C	0.04%	0.04%	0.04%
	LEN	D	0.06%	0.06%	0.06%
	LH	B	0.03%	0.03%	0.03%
	LHX	C	0.12%	0.07%	0.07%
	LKQ	F	0.03%	0.02%	0.02%
	LLY	F	0.63%	0.98%	0.63%
	LMT	D	0.45%	0.18%	0.18%
	LNT	A	0.06%	0.02%	0.02%
	LOW	C	0.57%	0.24%	0.24%
	LRCX	F	0.12%	0.15%	0.12%
	LUV	C	0.06%	0.03%	0.03%
	LVS	B	0.08%	0.03%	0.03%
	LW	C	0.02%	0.02%	0.02%
	MA	B	0.45%	0.67%	0.45%
	MAA	B	0.06%	0.03%	0.03%
	MAR	A	0.15%	0.1%	0.1%
	MAS	D	0.05%	0.03%	0.03%
	MCD	D	0.83%	0.34%	0.34%
	MCHP	F	0.07%	0.06%	0.06%
	MCK	A	0.08%	0.12%	0.08%
	MCO	B	0.11%	0.12%	0.11%
	MDLZ	F	0.37%	0.14%	0.14%
	MET	A	0.22%	0.08%	0.08%
	META	D	0.92%	1.98%	0.92%
	MKC	C	0.06%	0.03%	0.03%
	MKTX	D	0.01%	0.02%	0.01%
	MLM	C	0.04%	0.06%	0.04%
	MMC	B	0.25%	0.17%	0.17%
	MO	A	0.7%	0.15%	0.15%
	MOS	F	0.02%	0.01%	0.01%
	MPC	D	0.22%	0.08%	0.08%
	MPWR	F	0.03%	0.04%	0.03%
	MRK	D	0.79%	0.39%	0.39%
	MRO	B	0.04%	0.03%	0.03%
	MS	A	1.03%	0.26%	0.26%
	MSCI	C	0.05%	0.07%	0.05%
	MSFT	D	2.78%	4.99%	2.78%
	MSI	B	0.15%	0.13%	0.13%
	MTB	A	0.16%	0.06%	0.06%
	MU	D	0.08%	0.17%	0.08%
	NDAQ	A	0.07%	0.05%	0.05%
	NDSN	B	0.02%	0.02%	0.02%
	NI	A	0.06%	0.03%	0.03%
	NKE	F	0.14%	0.14%	0.14%
	NOC	D	0.14%	0.11%	0.11%
	NRG	B	0.07%	0.03%	0.03%
	NSC	B	0.16%	0.09%	0.09%
	NTAP	C	0.08%	0.04%	0.04%
	NTRS	A	0.09%	0.03%	0.03%
	NUE	C	0.05%	0.05%	0.05%
	NVDA	B	2.38%	5.67%	2.38%
	NWS	A	0.0%	0.01%	0.0%
	NWSA	A	0.03%	0.02%	0.02%
	O	C	0.25%	0.08%	0.08%
	ODFL	C	0.04%	0.07%	0.04%
	OKE	A	0.38%	0.1%	0.1%
	OMC	C	0.08%	0.03%	0.03%
	ORCL	A	0.74%	0.47%	0.47%
	OTIS	C	0.1%	0.06%	0.06%
	OXY	D	0.07%	0.05%	0.05%
	PAYC	B	0.01%	0.02%	0.01%
	PAYX	B	0.25%	0.07%	0.07%
	PCAR	B	0.29%	0.09%	0.09%
	PCG	A	0.04%	0.07%	0.04%
	PEG	A	0.26%	0.07%	0.07%
	PEP	F	1.12%	0.36%	0.36%
	PFG	D	0.09%	0.03%	0.03%
	PG	C	1.61%	0.62%	0.62%
	PGR	A	0.13%	0.24%	0.13%
	PH	A	0.2%	0.14%	0.14%
	PHM	D	0.05%	0.04%	0.04%
	PKG	A	0.11%	0.03%	0.03%
	PLD	F	0.33%	0.17%	0.17%
	PM	B	1.16%	0.31%	0.31%
	PNC	B	0.39%	0.13%	0.13%
	PNW	A	0.08%	0.02%	0.02%
	POOL	C	0.02%	0.02%	0.02%
	PPG	F	0.08%	0.05%	0.05%
	PPL	A	0.1%	0.04%	0.04%
	PRU	A	0.25%	0.07%	0.07%
	PSA	C	0.25%	0.08%	0.08%
	PSX	C	0.2%	0.09%	0.09%
	PWR	A	0.04%	0.07%	0.04%
	QCOM	F	0.42%	0.29%	0.29%
	REG	A	0.02%	0.02%	0.02%
	RF	A	0.15%	0.04%	0.04%
	RJF	A	0.06%	0.05%	0.05%
	RL	C	0.03%	0.01%	0.01%
	RMD	C	0.04%	0.05%	0.04%
	ROK	C	0.06%	0.05%	0.05%
	ROL	B	0.04%	0.02%	0.02%
	ROP	B	0.05%	0.1%	0.05%
	ROST	D	0.06%	0.07%	0.06%
	RSG	A	0.1%	0.07%	0.07%
	RTX	D	0.56%	0.25%	0.25%
	SBAC	D	0.02%	0.04%	0.02%
	SBUX	A	0.31%	0.18%	0.18%
	SCHW	B	0.23%	0.19%	0.19%
	SHW	B	0.13%	0.14%	0.13%
	SJM	D	0.05%	0.02%	0.02%
	SNA	A	0.08%	0.03%	0.03%
	SO	C	0.41%	0.15%	0.15%
	SPG	A	0.4%	0.09%	0.09%
	SPGI	C	0.16%	0.26%	0.16%
	SRE	A	0.2%	0.09%	0.09%
	STLD	B	0.04%	0.03%	0.03%
	STT	B	0.13%	0.04%	0.04%
	STZ	D	0.11%	0.06%	0.06%
	SW	A	0.04%	0.04%	0.04%
	SWK	D	0.05%	0.02%	0.02%
	SWKS	F	0.04%	0.02%	0.02%
	SYF	B	0.09%	0.04%	0.04%
	SYK	B	0.24%	0.21%	0.21%
	SYY	D	0.17%	0.06%	0.06%
	TAP	C	0.04%	0.02%	0.02%
	TECH	F	0.01%	0.02%	0.01%
	TER	F	0.01%	0.03%	0.01%
	TGT	F	0.25%	0.11%	0.11%
	TJX	A	0.35%	0.21%	0.21%
	TMO	F	0.16%	0.32%	0.16%
	TMUS	B	0.76%	0.18%	0.18%
	TPR	B	0.06%	0.02%	0.02%
	TRGP	A	0.11%	0.07%	0.07%
	TROW	B	0.13%	0.04%	0.04%
	TRV	B	0.15%	0.09%	0.09%
	TSCO	D	0.08%	0.05%	0.05%
	TSN	B	0.08%	0.03%	0.03%
	TXN	C	0.65%	0.3%	0.3%
	TXT	D	0.02%	0.03%	0.02%
	UDR	B	0.05%	0.02%	0.02%
	UHS	D	0.02%	0.02%	0.02%
	UNH	B	1.24%	0.86%	0.86%
	UNP	C	0.37%	0.23%	0.23%
	UPS	C	0.43%	0.15%	0.15%
	URI	C	0.08%	0.09%	0.08%
	USB	A	0.42%	0.12%	0.12%
	V	A	0.67%	0.81%	0.67%
	VICI	C	0.25%	0.05%	0.05%
	VLO	C	0.17%	0.07%	0.07%
	VLTO	C	0.01%	0.04%	0.01%
	VMC	B	0.05%	0.06%	0.05%
	VRSK	A	0.04%	0.06%	0.04%
	VST	A	0.18%	0.07%	0.07%
	VTR	B	0.08%	0.04%	0.04%
	VTRS	A	0.09%	0.02%	0.02%
	WAB	B	0.04%	0.05%	0.04%
	WEC	A	0.11%	0.05%	0.05%
	WELL	A	0.19%	0.12%	0.12%
	WFC	A	0.9%	0.39%	0.39%
	WM	B	0.24%	0.13%	0.13%
	WMB	A	0.35%	0.11%	0.11%
	WMT	A	1.61%	0.58%	0.58%
	WRB	A	0.07%	0.03%	0.03%
	WST	C	0.03%	0.04%	0.03%
	WY	F	0.04%	0.04%	0.04%
	XEL	A	0.22%	0.06%	0.06%
	XOM	B	2.48%	0.84%	0.84%
	XYL	D	0.04%	0.05%	0.04%
	YUM	D	0.11%	0.06%	0.06%
	ZBH	C	0.02%	0.03%	0.02%
	ZTS	D	0.12%	0.12%	0.12%

DTD Overweight 462 Positions Relative to HCMT

	Symbol	Grade	Weight
	APO	B	0.2%
	CRBG	B	0.1%
	ARES	A	0.1%
	CG	B	0.08%
	LNG	A	0.08%
	JEF	A	0.07%
	ORI	A	0.07%
	FNF	B	0.07%
	JXN	C	0.06%
	CUBE	C	0.06%
	WSO	A	0.06%
	OGE	A	0.06%
	WPC	C	0.06%
	LAMR	C	0.06%
	UNM	A	0.06%
	TXRH	B	0.06%
	CMA	B	0.06%
	RGA	A	0.06%
	GLPI	C	0.06%
	AM	A	0.06%
	EWBC	A	0.06%
	LNC	C	0.05%
	HRB	D	0.05%
	LII	A	0.05%
	WBS	A	0.05%
	INGR	C	0.05%
	ALLY	C	0.05%
	EVR	B	0.05%
	OMF	A	0.05%
	RS	B	0.05%
	CNA	C	0.05%
	WSM	C	0.05%
	DTM	A	0.05%
	OWL	A	0.05%
	EQH	C	0.05%
	UI	B	0.05%
	ASB	B	0.04%
	AIT	B	0.04%
	VLY	B	0.04%
	MLI	B	0.04%
	RPM	A	0.04%
	ACI	C	0.04%
	CFR	B	0.04%
	BKH	A	0.04%
	CIVI	D	0.04%
	RDN	D	0.04%
	MTG	C	0.04%
	OC	A	0.04%
	CSL	C	0.04%
	HLI	A	0.04%
	ITT	A	0.04%
	TPL	A	0.04%
	ZION	B	0.04%
	BAH	F	0.04%
	OVV	B	0.04%
	NWE	B	0.04%
	DKS	D	0.04%
	NNN	C	0.04%
	FHB	B	0.04%
	BRX	A	0.04%
	CHRD	D	0.04%
	FNB	A	0.04%
	SNV	C	0.04%
	LPLA	A	0.03%
	KTB	B	0.03%
	QCRH	B	0.03%
	RUSHA	C	0.03%
	WLK	D	0.03%
	WH	B	0.03%
	KBH	D	0.03%
	ATR	B	0.03%
	TNL	A	0.03%
	SMG	C	0.03%
	NXST	C	0.03%
	SASR	B	0.03%
	CNS	B	0.03%
	PNM	B	0.03%
	BOKF	B	0.03%
	SAIC	F	0.03%
	ACT	C	0.03%
	CNO	B	0.03%
	TMP	B	0.03%
	BANF	B	0.03%
	OFG	B	0.03%
	CBT	D	0.03%
	EHC	B	0.03%
	MSM	C	0.03%
	SR	A	0.03%
	GPK	C	0.03%
	SON	F	0.03%
	FCNCA	A	0.03%
	CATY	B	0.03%
	AUB	B	0.03%
	ALE	A	0.03%
	HLNE	B	0.03%
	GAP	C	0.03%
	DCI	B	0.03%
	JWN	D	0.03%
	WEN	D	0.03%
	POR	C	0.03%
	FLO	D	0.03%
	OGN	F	0.03%
	SCI	B	0.03%
	WSBC	B	0.03%
	OGS	A	0.03%
	BWXT	B	0.03%
	VCTR	B	0.03%
	OZK	B	0.03%
	WU	F	0.03%
	R	B	0.03%
	FBP	C	0.03%
	DINO	D	0.03%
	PATK	C	0.03%
	FAF	A	0.03%
	COLB	B	0.03%
	CCOI	B	0.03%
	SUI	C	0.03%
	MTN	C	0.03%
	FLS	B	0.03%
	AFG	A	0.03%
	SFNC	C	0.03%
	WTRG	B	0.03%
	SF	B	0.03%
	MC	C	0.03%
	AWR	B	0.03%
	FIBK	B	0.03%
	WAL	B	0.03%
	NFG	A	0.03%
	HOMB	A	0.03%
	PB	B	0.03%
	TFSL	A	0.03%
	VRT	B	0.03%
	LECO	C	0.03%
	HEI	A	0.03%
	AROC	A	0.03%
	SIRI	C	0.03%
	AVA	A	0.03%
	PFS	B	0.03%
	UGI	C	0.03%
	PAG	B	0.03%
	BPOP	C	0.03%
	ALSN	B	0.03%
	SSNC	B	0.03%
	PRI	B	0.03%
	BANR	B	0.03%
	KMPR	A	0.02%
	EGBN	B	0.02%
	HTH	C	0.02%
	TTEK	F	0.02%
	TPX	B	0.02%
	THG	A	0.02%
	FR	D	0.02%
	ZWS	B	0.02%
	SSD	F	0.02%
	M	F	0.02%
	HTLF	B	0.02%
	RRC	B	0.02%
	PR	B	0.02%
	UMBF	B	0.02%
	FRME	B	0.02%
	CRI	F	0.02%
	IOSP	C	0.02%
	CWEN	C	0.02%
	BERY	C	0.02%
	BANC	B	0.02%
	STEP	C	0.02%
	UVSP	B	0.02%
	MGEE	B	0.02%
	BFH	C	0.02%
	VAC	C	0.02%
	BC	C	0.02%
	WAFD	B	0.02%
	MDU	D	0.02%
	HUN	F	0.02%
	SPB	C	0.02%
	BNL	D	0.02%
	RNST	B	0.02%
	TKO	A	0.02%
	WHD	B	0.02%
	ARMK	B	0.02%
	TDS	B	0.02%
	SEM	B	0.02%
	HWC	B	0.02%
	SYBT	B	0.02%
	MRTN	D	0.02%
	OTTR	C	0.02%
	KFY	B	0.02%
	NSA	C	0.02%
	UPBD	B	0.02%
	NYT	D	0.02%
	ACM	B	0.02%
	IBTX	B	0.02%
	CCS	D	0.02%
	BRC	D	0.02%
	SEIC	B	0.02%
	AL	B	0.02%
	WSFS	B	0.02%
	GNTX	C	0.02%
	BKE	B	0.02%
	NEU	D	0.02%
	STC	B	0.02%
	BYD	B	0.02%
	LAD	A	0.02%
	APOG	C	0.02%
	WWD	C	0.02%
	FCPT	C	0.02%
	MCY	A	0.02%
	MGY	A	0.02%
	EPR	C	0.02%
	IPAR	B	0.02%
	ADTN	A	0.02%
	OSK	C	0.02%
	IBKR	A	0.02%
	AMH	C	0.02%
	UBSI	B	0.02%
	VIRT	A	0.02%
	NBHC	C	0.02%
	HNI	B	0.02%
	RHP	B	0.02%
	PINC	B	0.02%
	RHI	C	0.02%
	CMC	B	0.02%
	FCF	B	0.02%
	SBRA	C	0.02%
	CRC	A	0.02%
	LCII	C	0.02%
	MATX	C	0.02%
	EXP	B	0.02%
	MUR	D	0.02%
	CAKE	C	0.02%
	IDA	A	0.02%
	VRTS	B	0.02%
	RRX	B	0.02%
	PEBO	B	0.02%
	MWA	B	0.02%
	BRKL	B	0.02%
	FFBC	B	0.02%
	PII	F	0.02%
	LPX	B	0.02%
	OCFC	B	0.02%
	TRMK	C	0.02%
	KMT	B	0.02%
	RGLD	C	0.02%
	BBWI	C	0.02%
	FBIN	D	0.02%
	THO	B	0.02%
	ELS	C	0.02%
	TTC	C	0.02%
	HAFC	B	0.02%
	LSTR	D	0.02%
	LANC	C	0.02%
	STAG	D	0.02%
	GTY	A	0.02%
	KNTK	A	0.02%
	TW	A	0.02%
	SLM	A	0.02%
	FULT	A	0.02%
	HRI	C	0.02%
	IDCC	B	0.02%
	VOYA	B	0.02%
	BUSE	B	0.02%
	UFPI	C	0.02%
	CASY	A	0.02%
	SSB	B	0.02%
	ESI	B	0.02%
	CVBF	A	0.02%
	IBOC	B	0.02%
	STBA	B	0.02%
	CBU	B	0.02%
	SWX	B	0.02%
	PRGS	A	0.02%
	CBSH	B	0.02%
	TPG	A	0.02%
	TRST	B	0.02%
	TKR	D	0.02%
	AVNT	B	0.02%
	REYN	D	0.02%
	CADE	B	0.02%
	ONB	C	0.02%
	NJR	A	0.02%
	TRN	B	0.02%
	GEF	A	0.02%
	GBCI	B	0.02%
	NOG	B	0.02%
	GGG	B	0.02%
	FBMS	B	0.02%
	AVT	C	0.02%
	AWI	A	0.02%
	IIPR	D	0.01%
	CHCO	B	0.01%
	DAN	D	0.01%
	CNXC	F	0.01%
	DK	C	0.01%
	HI	C	0.01%
	TEX	F	0.01%
	AESI	B	0.01%
	IRDM	D	0.01%
	IBP	D	0.01%
	LZB	B	0.01%
	COLD	D	0.01%
	COKE	C	0.01%
	WMG	D	0.01%
	BMI	B	0.01%
	VSH	F	0.01%
	DLB	B	0.01%
	LXP	D	0.01%
	WOR	F	0.01%
	GES	F	0.01%
	MLKN	F	0.01%
	PCH	F	0.01%
	CABO	B	0.01%
	TOL	B	0.01%
	OXM	F	0.01%
	SCL	C	0.01%
	ENS	F	0.01%
	WINA	C	0.01%
	BRKR	D	0.01%
	MUSA	B	0.01%
	BLMN	F	0.01%
	SCS	C	0.01%
	KNSL	B	0.01%
	HXL	F	0.01%
	LEVI	F	0.01%
	LBRT	D	0.01%
	PBI	B	0.01%
	PRDO	B	0.01%
	CWEN	C	0.01%
	OLED	F	0.01%
	ASH	F	0.01%
	CHE	D	0.01%
	XRX	F	0.01%
	GBX	A	0.01%
	HOG	D	0.01%
	AGM	B	0.01%
	MCRI	A	0.01%
	DIN	C	0.01%
	AMKR	D	0.01%
	DLX	B	0.01%
	ORA	B	0.01%
	CHH	A	0.01%
	WKC	C	0.01%
	KRO	C	0.01%
	GRNT	B	0.01%
	RGP	F	0.01%
	CXT	C	0.01%
	COLM	C	0.01%
	SLGN	A	0.01%
	RRR	F	0.01%
	X	B	0.01%
	EGP	D	0.01%
	HEES	C	0.01%
	SEB	F	0.01%
	SFBS	C	0.01%
	JJSF	C	0.01%
	PDCO	F	0.01%
	NAVI	F	0.01%
	PBF	D	0.01%
	ENR	B	0.01%
	KALU	C	0.01%
	PTVE	B	0.01%
	XRAY	F	0.01%
	BTU	B	0.01%
	CC	C	0.01%
	CHDN	B	0.01%
	SAFT	B	0.01%
	LEG	F	0.01%
	KRC	B	0.01%
	UTZ	D	0.01%
	MAN	F	0.01%
	MTDR	B	0.01%
	UVV	B	0.01%
	UCB	A	0.01%
	WCC	B	0.01%
	RLI	A	0.01%
	AZZ	A	0.01%
	HP	C	0.01%
	KLG	B	0.01%
	BHE	C	0.01%
	MORN	B	0.01%
	AAON	B	0.01%
	PZZA	F	0.01%
	HMN	B	0.01%
	SIGI	C	0.01%
	WERN	C	0.01%
	CRGY	B	0.01%
	EDR	A	0.01%
	KSS	F	0.01%
	FIX	A	0.01%
	MMS	F	0.01%
	BOH	B	0.01%
	AMSF	B	0.01%
	KWR	C	0.01%
	EPC	F	0.01%
	SSBK	B	0.01%
	EXPO	D	0.01%
	WMK	C	0.01%
	CHX	C	0.01%
	NSP	F	0.01%
	MSA	F	0.01%
	FG	A	0.01%
	BCO	F	0.01%
	EME	A	0.01%
	OLN	F	0.01%
	CPK	A	0.01%
	KBR	F	0.01%
	SRCE	B	0.01%
	SM	B	0.01%
	MKSI	C	0.01%
	STRA	C	0.01%
	BSY	F	0.01%
	ABM	B	0.01%
	GOLF	B	0.01%
	CFFN	C	0.01%
	WDFC	B	0.01%
	WWW	A	0.01%
	DNB	B	0.01%
	AGCO	D	0.01%
	ADC	A	0.01%
	VMI	B	0.01%
	PFBC	B	0.01%
	UTL	B	0.01%
	LFUS	D	0.01%
	EBC	B	0.01%
	SNDR	B	0.01%
	AEO	F	0.01%
	LEA	F	0.01%
	WGO	C	0.01%
	GATX	A	0.01%
	NOV	C	0.01%
	PHIN	A	0.01%
	PFSI	C	0.01%
	WMS	F	0.01%
	FFIN	B	0.01%
	WD	D	0.01%
	SXT	C	0.01%
	SLG	B	0.01%
	PRK	B	0.01%
	BKU	A	0.01%
	SHOO	F	0.01%
	SLVM	B	0.01%
	SKT	A	0.01%
	JBT	B	0.01%
	PTEN	C	0.01%
	SNX	D	0.01%
	WTFC	A	0.01%
	MSBI	B	0.01%
	POWL	C	0.01%
	CCK	D	0.01%
	SEE	C	0.01%
	CVI	F	0.01%
	CRS	B	0.01%
	PNFP	B	0.01%
	MAC	B	0.0%
	POWI	F	0.0%
	KW	C	0.0%
	GTN	F	0.0%
	RELL	B	0.0%
	NFE	D	0.0%
	UWMC	D	0.0%
	CWH	B	0.0%
	BGS	F	0.0%
	NUS	D	0.0%

DTD Underweight 150 Positions Relative to HCMT

	Symbol	Grade	Weight
	AMZN	C	-3.1%
	TSLA	B	-1.36%
	BRK.A	B	-1.35%
	NFLX	A	-0.56%
	ADBE	C	-0.37%
	ACN	B	-0.36%
	AMD	F	-0.35%
	NOW	A	-0.34%
	LIN	C	-0.34%
	ISRG	A	-0.3%
	VZ	C	-0.27%
	T	A	-0.25%
	UBER	F	-0.24%
	NEE	C	-0.24%
	ETN	A	-0.23%
	PFE	F	-0.23%
	VRTX	D	-0.2%
	PANW	B	-0.2%
	BSX	A	-0.2%
	PLTR	B	-0.19%
	FI	A	-0.19%
	INTC	C	-0.17%
	CB	C	-0.17%
	MDT	D	-0.17%
	ANET	C	-0.16%
	BA	F	-0.16%
	TT	A	-0.15%
	PYPL	B	-0.14%
	GEV	B	-0.14%
	AON	A	-0.13%
	CMG	B	-0.13%
	CDNS	B	-0.13%
	REGN	F	-0.13%
	SNPS	B	-0.13%
	CRWD	B	-0.12%
	ORLY	B	-0.11%
	TDG	D	-0.11%
	MMM	D	-0.11%
	SLB	C	-0.1%
	TFC	A	-0.1%
	FCX	F	-0.1%
	ADSK	A	-0.1%
	RCL	A	-0.09%
	FICO	B	-0.09%
	JCI	B	-0.09%
	NXPI	D	-0.09%
	ABNB	C	-0.09%
	FTNT	C	-0.09%
	CPRT	B	-0.08%
	KMI	A	-0.08%
	AZO	C	-0.08%
	F	C	-0.07%
	AXON	A	-0.07%
	NEM	D	-0.07%
	IQV	F	-0.06%
	ACGL	C	-0.06%
	CHTR	C	-0.06%
	LULU	C	-0.06%
	MNST	C	-0.06%
	CTVA	C	-0.06%
	CBRE	B	-0.06%
	EW	C	-0.06%
	IT	C	-0.06%
	ON	D	-0.05%
	TTWO	A	-0.05%
	ANSS	B	-0.05%
	DXCM	C	-0.05%
	UAL	A	-0.05%
	CSGP	D	-0.05%
	CNC	D	-0.05%
	WTW	B	-0.05%
	GRMN	B	-0.05%
	IDXX	F	-0.05%
	WAT	C	-0.04%
	TDY	B	-0.04%
	EXPE	B	-0.04%
	IFF	D	-0.04%
	PTC	B	-0.04%
	BIIB	F	-0.04%
	CCL	A	-0.04%
	DVN	F	-0.04%
	CPAY	A	-0.04%
	MTD	F	-0.04%
	GDDY	A	-0.04%
	TYL	B	-0.04%
	DECK	A	-0.04%
	KEYS	A	-0.04%
	NVR	D	-0.04%
	EG	C	-0.03%
	BAX	F	-0.03%
	DG	F	-0.03%
	TRMB	B	-0.03%
	PNR	A	-0.03%
	KEY	B	-0.03%
	HOLX	D	-0.03%
	MOH	F	-0.03%
	PODD	C	-0.03%
	ULTA	F	-0.03%
	CTRA	B	-0.03%
	LYV	A	-0.03%
	STX	C	-0.03%
	ZBRA	B	-0.03%
	WDC	D	-0.03%
	CFG	B	-0.03%
	FSLR	F	-0.03%
	BLDR	D	-0.03%
	LYB	F	-0.03%
	STE	D	-0.03%
	WBD	B	-0.03%
	AES	F	-0.02%
	CRL	D	-0.02%
	FOXA	A	-0.02%
	CTLT	C	-0.02%
	GNRC	C	-0.02%
	BXP	C	-0.02%
	NCLH	B	-0.02%
	DAY	B	-0.02%
	KMX	B	-0.02%
	ALLE	C	-0.02%
	INCY	C	-0.02%
	BG	D	-0.02%
	DLTR	F	-0.02%
	AKAM	D	-0.02%
	MRNA	F	-0.02%
	EPAM	B	-0.02%
	FFIV	B	-0.02%
	RVTY	F	-0.02%
	APTV	F	-0.02%
	AMCR	C	-0.02%
	DOC	C	-0.02%
	EL	F	-0.02%
	VRSN	C	-0.02%
	ALGN	D	-0.02%
	QRVO	F	-0.01%
	WBA	F	-0.01%
	PARA	C	-0.01%
	FMC	D	-0.01%
	DVA	C	-0.01%
	MHK	D	-0.01%
	IVZ	B	-0.01%
	MTCH	D	-0.01%
	HAS	D	-0.01%
	CZR	F	-0.01%
	HSIC	C	-0.01%
	ENPH	F	-0.01%
	MGM	D	-0.01%
	WYNN	C	-0.01%
	SMCI	F	-0.01%
	TFX	F	-0.01%
	SOLV	D	-0.01%

DTD: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Asset Management Oil & Gas E&P Utilities - Regulated Electric Business Services Specialty Chemicals Capital Markets Insurance - Property & Casualty Packaged Foods Packaging & Containers Credit Services REIT - Retail Restaurants Utilities - Diversified Building Materials Semiconductors Aerospace & Defense Insurance - Life REIT - Industrial

Keywords: S&P 500 Bank Banking Natural Gas Insurance Nasdaq 100 Deposit Products Electricity Real Estate Investment Trust Chemical Mining Real Estate Loans Electronics Commercial Banking Aerospace Computing Investment Management Insurance Products Commercial Bank Plastic

HCMT: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Asset Management Oil & Gas E&P Aerospace & Defense 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