FAB vs. HKND ETF Comparison

Comparison of First Trust Multi Cap Value AlphaDEX Fund (FAB) to Humankind US Stock ETF (HKND)

FAB

First Trust Multi Cap Value AlphaDEX Fund

FAB Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Multi Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Composite 1500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$84.26

Average Daily Volume

3,932

Number of Holdings ^*

660

* may have additional holdings in another (foreign) market

HKND

Humankind US Stock ETF

HKND Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Humankind US Equity Index (the ?Index?). The index is primarily comprised of domestic (U.S.) equity securities and may not be comprised of greater than 5% of foreign securities (including ADRs). The fund invests in the common stock of each company in the index in approximately the same proportion as represented in the index itself. Under normal conditions, it will invest at least 90% of its net assets, including borrowings for investment purposes, in securities contained in the index.

Grade (RS Rating)

Last Trade

$33.13

Average Daily Volume

3,846

Number of Holdings ^*

952

* may have additional holdings in another (foreign) market

Performance

Period	FAB	HKND
30 Days	1.21%	1.04%
60 Days	0.53%	2.61%
90 Days	7.56%	6.33%
12 Months	23.33%	22.96%

317 Overlapping Holdings

Symbol	Grade	Weight in FAB	Weight in HKND	Overlap
AAP	F	0.03%	0.02%	0.02%
ABCB	C	0.11%	0.01%	0.01%
ABM	D	0.1%	0.02%	0.02%
ABT	C	0.09%	1.07%	0.09%
ADM	D	0.43%	1.61%	0.43%
ADTN	C	0.16%	0.02%	0.02%
ADUS	C	0.03%	0.01%	0.01%
ADV	D	0.09%	0.02%	0.02%
AEO	D	0.12%	0.01%	0.01%
AFG	C	0.05%	0.03%	0.03%
AFL	A	0.3%	0.08%	0.08%
AGCO	D	0.2%	0.67%	0.2%
AIG	D	0.33%	0.22%	0.22%
AIZ	B	0.1%	0.11%	0.1%
ALLY	F	0.15%	0.04%	0.04%
AMG	C	0.24%	0.01%	0.01%
AMKR	F	0.07%	0.02%	0.02%
AMN	F	0.09%	0.01%	0.01%
APAM	C	0.02%	0.01%	0.01%
APD	B	0.19%	0.02%	0.02%
ARE	C	0.18%	0.01%	0.01%
ARW	B	0.18%	0.03%	0.03%
ASB	D	0.02%	0.01%	0.01%
ASGN	D	0.09%	0.01%	0.01%
ASH	F	0.12%	0.01%	0.01%
AVT	B	0.17%	0.02%	0.02%
AWK	C	0.09%	0.38%	0.09%
AYI	B	0.09%	0.05%	0.05%
BAC	D	0.25%	0.52%	0.25%
BBWI	D	0.1%	0.01%	0.01%
BBY	A	0.29%	0.27%	0.27%
BC	C	0.14%	0.01%	0.01%
BCC	C	0.21%	0.01%	0.01%
BECN	F	0.08%	0.01%	0.01%
BEN	F	0.31%	0.03%	0.03%
BERY	B	0.14%	0.06%	0.06%
BG	F	0.39%	0.92%	0.39%
BHF	F	0.04%	0.02%	0.02%
BIIB	F	0.07%	0.29%	0.07%
BKU	D	0.12%	0.01%	0.01%
BLK	B	0.1%	0.1%	0.1%
BOKF	C	0.1%	0.01%	0.01%
BXC	D	0.08%	0.01%	0.01%
BZH	B	0.15%	0.01%	0.01%
C	C	0.24%	0.4%	0.24%
CABO	F	0.12%	0.01%	0.01%
CACC	F	0.04%	0.01%	0.01%
CADE	C	0.19%	0.01%	0.01%
CAG	B	0.38%	0.36%	0.36%
CATY	C	0.11%	0.0%	0.0%
CBRE	B	0.11%	0.11%	0.11%
CCS	C	0.16%	0.02%	0.02%
CE	D	0.4%	0.01%	0.01%
CENTA	F	0.1%	0.02%	0.02%
CF	B	0.47%	0.94%	0.47%
CFG	D	0.39%	0.04%	0.04%
CHTR	D	0.27%	0.17%	0.17%
CI	C	0.09%	1.09%	0.09%
CINF	C	0.48%	0.04%	0.04%
CMA	C	0.1%	0.02%	0.02%
CMC	D	0.16%	0.01%	0.01%
CMCSA	C	0.43%	0.65%	0.43%
CMI	B	0.09%	0.05%	0.05%
CNC	D	0.38%	0.33%	0.33%
CNO	C	0.12%	0.01%	0.01%
CNXC	F	0.21%	0.02%	0.02%
CNXN	B	0.06%	0.04%	0.04%
COF	B	0.37%	0.17%	0.17%
COLB	B	0.22%	0.0%	0.0%
COOP	C	0.19%	0.02%	0.02%
CPB	C	0.19%	0.08%	0.08%
CRBG	C	0.24%	0.06%	0.06%
CRUS	D	0.04%	0.01%	0.01%
CSCO	B	0.18%	0.16%	0.16%
CTS	D	0.02%	0.0%	0.0%
CTSH	B	0.37%	0.08%	0.08%
CTVA	B	0.09%	1.44%	0.09%
CVCO	B	0.03%	0.01%	0.01%
CVS	D	0.41%	0.45%	0.41%
CWT	D	0.05%	0.07%	0.05%
DAR	F	0.21%	0.03%	0.03%
DD	B	0.08%	0.31%	0.08%
DE	A	0.27%	2.0%	0.27%
DFIN	D	0.06%	0.0%	0.0%
DGX	B	0.28%	0.6%	0.28%
DHI	C	0.59%	0.17%	0.17%
DIOD	F	0.06%	0.01%	0.01%
DKS	D	0.08%	0.02%	0.02%
DORM	C	0.06%	0.01%	0.01%
DOV	B	0.18%	0.01%	0.01%
DOW	C	0.17%	0.2%	0.17%
DXC	D	0.18%	0.07%	0.07%
EBAY	B	0.39%	0.05%	0.05%
EHC	B	0.04%	0.07%	0.04%
ELV	D	0.08%	0.41%	0.08%
EMN	B	0.14%	0.01%	0.01%
ENOV	F	0.02%	0.15%	0.02%
ENS	C	0.08%	0.01%	0.01%
EPAM	F	0.18%	0.01%	0.01%
EQR	C	0.27%	0.07%	0.07%
EWBC	C	0.14%	0.01%	0.01%
FAF	B	0.1%	0.05%	0.05%
FDP	C	0.03%	0.5%	0.03%
FDX	D	0.25%	0.01%	0.01%
FHB	D	0.08%	0.0%	0.0%
FHI	B	0.08%	0.01%	0.01%
FHN	D	0.13%	0.01%	0.01%
FITB	B	0.29%	0.04%	0.04%
FMC	B	0.23%	0.75%	0.23%
FNB	D	0.13%	0.01%	0.01%
FNF	B	0.21%	0.07%	0.07%
FULT	D	0.05%	0.0%	0.0%
FYBR	C	0.22%	0.04%	0.04%
GAP	F	0.11%	0.02%	0.02%
GIS	B	0.29%	0.3%	0.29%
GL	D	0.16%	0.02%	0.02%
GMS	C	0.19%	0.01%	0.01%
GNW	C	0.03%	0.03%	0.03%
GPC	D	0.17%	0.05%	0.05%
GPN	D	0.49%	0.04%	0.04%
GS	B	0.19%	0.33%	0.19%
GT	F	0.09%	0.01%	0.01%
GXO	D	0.04%	0.05%	0.04%
HBAN	B	0.38%	0.03%	0.03%
HCA	B	0.21%	0.97%	0.21%
HGV	F	0.08%	0.01%	0.01%
HIG	B	0.39%	0.1%	0.1%
HLI	C	0.05%	0.01%	0.01%
HMN	C	0.02%	0.01%	0.01%
HOMB	D	0.1%	0.0%	0.0%
HPE	C	0.37%	0.19%	0.19%
HPQ	C	0.17%	0.74%	0.17%
HSIC	C	0.05%	0.13%	0.05%
HSY	D	0.18%	0.06%	0.06%
HTH	D	0.05%	0.01%	0.01%
HUM	F	0.07%	0.24%	0.07%
HWC	D	0.09%	0.01%	0.01%
IAC	C	0.1%	0.01%	0.01%
IART	F	0.01%	0.07%	0.01%
ICUI	C	0.07%	0.11%	0.07%
INCY	C	0.27%	0.09%	0.09%
INTC	D	0.17%	1.49%	0.17%
INVA	C	0.14%	0.01%	0.01%
IPG	C	0.36%	0.03%	0.03%
IPGP	D	0.1%	0.01%	0.01%
IVZ	B	0.05%	0.03%	0.03%
J	A	0.09%	0.29%	0.09%
JBL	C	0.25%	0.12%	0.12%
JEF	C	0.05%	0.04%	0.04%
JLL	B	0.05%	0.04%	0.04%
JNJ	C	0.19%	2.1%	0.19%
JXN	B	0.26%	0.02%	0.02%
K	A	0.11%	0.26%	0.11%
KBH	C	0.26%	0.03%	0.03%
KDP	B	0.19%	0.04%	0.04%
KEX	C	0.04%	0.01%	0.01%
KEY	C	0.2%	0.04%	0.04%
KFRC	F	0.02%	0.01%	0.01%
KFY	C	0.03%	0.01%	0.01%
KIM	C	0.2%	0.01%	0.01%
KLG	D	0.05%	0.05%	0.05%
KMB	C	0.08%	0.1%	0.08%
KR	B	0.27%	0.21%	0.21%
KVUE	B	0.1%	0.41%	0.1%
KWR	D	0.04%	0.01%	0.01%
L	D	0.36%	0.05%	0.05%
LANC	F	0.04%	0.01%	0.01%
LCII	C	0.06%	0.01%	0.01%
LEN	B	0.54%	0.15%	0.15%
LFUS	C	0.04%	0.01%	0.01%
LGIH	D	0.13%	0.01%	0.01%
LGND	D	0.09%	0.01%	0.01%
LILAK	D	0.09%	0.02%	0.02%
LKQ	F	0.33%	0.04%	0.04%
LNC	C	0.17%	0.05%	0.05%
LNN	C	0.05%	0.04%	0.04%
LOW	B	0.2%	0.24%	0.2%
MAA	C	0.09%	0.05%	0.05%
MAT	D	0.05%	0.01%	0.01%
MCY	C	0.05%	0.02%	0.02%
MDLZ	C	0.09%	0.32%	0.09%
MHO	B	0.29%	0.02%	0.02%
MIDD	C	0.1%	0.03%	0.03%
MKC	C	0.1%	0.05%	0.05%
MKL	C	0.42%	0.05%	0.05%
MLI	B	0.16%	0.0%	0.0%
MMS	B	0.04%	0.02%	0.02%
MODG	F	0.07%	0.0%	0.0%
MOH	D	0.2%	0.07%	0.07%
MOS	F	0.19%	1.63%	0.19%
MS	B	0.17%	0.34%	0.17%
MTB	C	0.4%	0.03%	0.03%
MTG	B	0.25%	0.01%	0.01%
MTH	C	0.27%	0.03%	0.03%
NHC	D	0.06%	0.01%	0.01%
NMRK	B	0.07%	0.01%	0.01%
NVEE	F	0.02%	0.0%	0.0%
NVST	D	0.05%	0.01%	0.01%
NX	F	0.12%	0.01%	0.01%
NXST	D	0.13%	0.01%	0.01%
OGN	D	0.16%	0.11%	0.11%
OMC	B	0.19%	0.05%	0.05%
OMF	D	0.13%	0.02%	0.02%
OMI	D	0.08%	0.05%	0.05%
ONB	D	0.14%	0.01%	0.01%
ORI	B	0.1%	0.04%	0.04%
OZK	F	0.18%	0.01%	0.01%
PB	D	0.1%	0.01%	0.01%
PBH	C	0.05%	0.01%	0.01%
PCRX	F	0.05%	0.01%	0.01%
PDCO	F	0.09%	0.01%	0.01%
PFG	B	0.09%	0.06%	0.06%
PII	D	0.14%	0.01%	0.01%
PLUS	B	0.07%	0.01%	0.01%
PLXS	B	0.03%	0.02%	0.02%
PNC	C	0.2%	0.1%	0.1%
PNFP	C	0.16%	0.01%	0.01%
POOL	C	0.1%	0.01%	0.01%
PPG	C	0.17%	0.03%	0.03%
PRG	C	0.17%	0.01%	0.01%
PRU	C	0.08%	0.17%	0.08%
PYPL	B	0.22%	0.09%	0.09%
QCOM	D	0.07%	0.15%	0.07%
R	C	0.2%	0.02%	0.02%
RDN	D	0.24%	0.01%	0.01%
REGN	D	0.09%	0.59%	0.09%
REYN	C	0.09%	0.0%	0.0%
REZI	D	0.1%	0.03%	0.03%
RF	B	0.29%	0.03%	0.03%
RGA	C	0.04%	0.06%	0.04%
RHI	D	0.04%	0.03%	0.03%
RJF	C	0.08%	0.05%	0.05%
ROG	D	0.02%	0.0%	0.0%
RS	D	0.34%	0.03%	0.03%
SAFT	D	0.05%	0.0%	0.0%
SANM	D	0.13%	0.03%	0.03%
SBH	B	0.12%	0.01%	0.01%
SCHL	D	0.11%	0.01%	0.01%
SEE	C	0.04%	0.01%	0.01%
SEIC	B	0.09%	0.01%	0.01%
SEM	D	0.04%	0.1%	0.04%
SFNC	C	0.09%	0.0%	0.0%
SIGI	D	0.04%	0.01%	0.01%
SJM	C	0.37%	0.49%	0.37%
SJW	F	0.08%	0.05%	0.05%
SKY	B	0.06%	0.01%	0.01%
SNA	B	0.37%	0.01%	0.01%
SNEX	C	0.05%	0.03%	0.03%
SNV	D	0.05%	0.01%	0.01%
SNX	C	0.09%	0.06%	0.06%
SPB	B	0.13%	0.28%	0.13%
SSB	C	0.11%	0.01%	0.01%
SSNC	C	0.2%	0.02%	0.02%
STC	C	0.03%	0.02%	0.02%
STT	B	0.3%	0.09%	0.09%
SWKS	F	0.23%	0.02%	0.02%
SYF	C	0.45%	0.07%	0.07%
SYY	C	0.08%	0.07%	0.07%
T	B	0.47%	0.85%	0.47%
TCBI	C	0.06%	0.01%	0.01%
TEX	F	0.2%	0.01%	0.01%
TFX	B	0.05%	0.17%	0.05%
TGNA	C	0.13%	0.01%	0.01%
TGT	C	0.18%	0.13%	0.13%
THC	C	0.21%	0.32%	0.21%
THO	C	0.14%	0.01%	0.01%
THS	C	0.03%	0.02%	0.02%
TKR	C	0.13%	0.0%	0.0%
TMHC	B	0.27%	0.04%	0.04%
TPH	C	0.2%	0.02%	0.02%
TROW	C	0.32%	0.04%	0.04%
TRV	C	0.2%	0.16%	0.16%
TSCO	B	0.08%	0.02%	0.02%
UBSI	D	0.1%	0.01%	0.01%
UCBI	B	0.06%	0.0%	0.0%
UFPI	C	0.15%	0.01%	0.01%
UHAL	B	0.4%	0.01%	0.01%
UHS	C	0.21%	0.21%	0.21%
UMBF	C	0.11%	0.01%	0.01%
UNF	B	0.08%	0.01%	0.01%
UNM	B	0.18%	0.03%	0.03%
UPS	D	0.16%	0.03%	0.03%
URBN	F	0.15%	0.01%	0.01%
USB	C	0.29%	0.12%	0.12%
USM	C	0.1%	0.02%	0.02%
UTHR	B	0.14%	0.08%	0.08%
VAC	D	0.06%	0.01%	0.01%
VCTR	B	0.06%	0.0%	0.0%
VLY	D	0.22%	0.01%	0.01%
VNO	B	0.06%	0.01%	0.01%
VOYA	B	0.05%	0.03%	0.03%
VSAT	F	0.02%	0.01%	0.01%
VSH	F	0.1%	0.01%	0.01%
VTR	C	0.1%	0.05%	0.05%
VTRS	D	0.38%	0.24%	0.24%
VZ	A	0.36%	0.91%	0.36%
WAFD	D	0.06%	0.0%	0.0%
WAL	B	0.17%	0.01%	0.01%
WBD	D	0.38%	0.07%	0.07%
WBS	C	0.18%	0.01%	0.01%
WCC	C	0.14%	0.02%	0.02%
WD	B	0.03%	0.01%	0.01%
WFC	D	0.31%	0.4%	0.31%
WGO	D	0.1%	0.01%	0.01%
WHR	C	0.08%	0.04%	0.04%
WLK	C	0.08%	0.06%	0.06%
WMT	B	0.09%	1.05%	0.09%
WPC	C	0.28%	0.01%	0.01%
WRB	D	0.18%	0.04%	0.04%
WSFS	D	0.08%	0.0%	0.0%
WTFC	C	0.14%	0.01%	0.01%
WTM	F	0.2%	0.01%	0.01%
WTRG	D	0.08%	0.08%	0.08%
WU	C	0.12%	0.02%	0.02%
XRX	D	0.02%	0.03%	0.02%
ZBH	F	0.24%	0.43%	0.24%
ZION	D	0.09%	0.01%	0.01%

FAB Overweight 343 Positions Relative to HKND

Symbol	Grade	Weight
ETR	A	0.5%
FOXA	B	0.49%
EXC	B	0.48%
BRK.A	C	0.47%
ACGL	B	0.46%
UAL	B	0.45%
GM	C	0.44%
EG	B	0.43%
EOG	D	0.42%
APTV	D	0.42%
MPC	F	0.4%
XEL	B	0.4%
COP	F	0.4%
CVX	F	0.39%
STLD	C	0.39%
AEP	C	0.39%
ATO	B	0.39%
PSX	F	0.39%
EQT	C	0.39%
AEE	B	0.39%
NUE	D	0.39%
PCG	C	0.38%
FANG	F	0.38%
CB	B	0.38%
ED	B	0.38%
CTRA	F	0.37%
VLO	F	0.37%
DVN	F	0.36%
KHC	C	0.36%
KMI	C	0.36%
F	F	0.36%
OXY	F	0.35%
LNG	D	0.35%
LYB	D	0.34%
XOM	D	0.34%
OC	C	0.34%
EIX	B	0.29%
D	C	0.29%
WEC	B	0.29%
HAL	F	0.29%
TDY	B	0.28%
FE	B	0.28%
ZM	C	0.28%
DUK	B	0.28%
CMS	B	0.28%
SRE	B	0.27%
JBHT	D	0.27%
DTE	A	0.27%
GPI	B	0.27%
RUSHA	C	0.26%
LUV	C	0.25%
LAD	B	0.25%
BKR	C	0.25%
TXT	D	0.25%
ESNT	B	0.24%
ASO	D	0.24%
RNR	B	0.24%
TEL	D	0.24%
HOG	C	0.24%
LBRDK	C	0.23%
KRC	C	0.22%
ESGR	D	0.22%
AGO	D	0.22%
CNP	C	0.22%
SIG	C	0.22%
TAP	D	0.22%
SEB	D	0.21%
NOG	F	0.21%
LBRT	F	0.21%
BTU	C	0.21%
G	C	0.2%
PKG	B	0.2%
WY	C	0.2%
SM	F	0.2%
AL	C	0.2%
LMT	A	0.2%
BKH	B	0.19%
PEG	B	0.19%
CVI	F	0.19%
PVH	D	0.19%
MDT	B	0.19%
EVRG	B	0.19%
OGS	B	0.19%
BYD	C	0.19%
CHK	C	0.19%
PNW	C	0.19%
OKE	C	0.19%
NEE	B	0.19%
MDU	B	0.18%
HRL	F	0.18%
OVV	F	0.18%
MUR	F	0.18%
MTDR	F	0.18%
DINO	F	0.18%
POR	B	0.18%
NOV	F	0.18%
NFG	B	0.18%
HP	F	0.18%
AN	C	0.18%
MGY	D	0.17%
PTEN	F	0.17%
MATX	B	0.17%
BWA	C	0.17%
OSK	F	0.16%
CUZ	C	0.16%
LEA	D	0.16%
CLF	F	0.16%
ABG	D	0.16%
NMIH	C	0.15%
NI	B	0.15%
EBC	C	0.15%
CNX	B	0.15%
PHIN	C	0.15%
PBF	F	0.15%
NWE	A	0.14%
WMK	D	0.14%
GHC	B	0.14%
AXS	B	0.14%
AGNC	B	0.14%
ATSG	C	0.14%
OGE	B	0.14%
LZB	C	0.14%
BNL	B	0.14%
UAA	C	0.14%
APA	F	0.14%
HE	F	0.14%
GDEN	D	0.13%
STBA	D	0.13%
IMKTA	D	0.13%
JAZZ	D	0.13%
CZR	C	0.13%
NRG	B	0.13%
UVV	D	0.13%
ENVA	C	0.13%
SR	B	0.13%
HPP	F	0.13%
AVA	B	0.13%
NWN	B	0.13%
KNX	C	0.13%
GEF	C	0.13%
EIG	C	0.13%
SON	D	0.13%
CHRD	F	0.13%
PAG	D	0.13%
HII	F	0.13%
CALM	B	0.12%
HTZ	F	0.12%
JBT	C	0.12%
AAT	C	0.12%
CXW	F	0.12%
INDB	D	0.12%
OLPX	D	0.12%
OLN	D	0.12%
KOP	F	0.12%
FCF	D	0.12%
ALK	B	0.12%
RC	F	0.12%
HIW	C	0.12%
RLJ	D	0.12%
CUBI	F	0.12%
RYI	F	0.12%
EFSC	D	0.12%
VAL	F	0.12%
PFBC	D	0.11%
NAVI	D	0.11%
IBOC	D	0.11%
REVG	D	0.11%
ADNT	D	0.11%
ATKR	F	0.11%
FRME	D	0.11%
FFBC	D	0.11%
RRC	D	0.11%
SNDR	B	0.11%
OCFC	B	0.11%
DNOW	F	0.11%
GES	F	0.11%
ANDE	D	0.1%
TRGP	C	0.1%
SASR	C	0.1%
KSS	D	0.1%
LNT	A	0.1%
FBNC	C	0.1%
M	F	0.1%
PRDO	D	0.1%
WERN	C	0.1%
ABR	B	0.1%
SLGN	B	0.1%
ARCH	D	0.1%
ALGT	D	0.1%
DNB	D	0.1%
SAH	D	0.1%
PEBO	D	0.1%
VSCO	C	0.1%
HUBG	C	0.1%
DDS	D	0.1%
LPX	B	0.1%
CRI	D	0.1%
OFG	C	0.09%
MSGE	B	0.09%
GD	C	0.09%
CASH	D	0.09%
COLM	C	0.09%
HOPE	D	0.09%
BANR	C	0.09%
EPC	F	0.09%
SWX	C	0.09%
NKE	D	0.09%
SLM	C	0.09%
TSN	D	0.09%
VBTX	C	0.09%
UGI	B	0.09%
SSTK	F	0.09%
DTM	C	0.09%
PRGO	F	0.09%
TOWN	D	0.09%
RYN	C	0.09%
TALO	F	0.09%
IDA	B	0.09%
JCI	B	0.09%
NJR	C	0.09%
MATW	F	0.09%
PARR	F	0.09%
CRK	C	0.09%
CRC	C	0.09%
PATK	C	0.09%
SAIC	C	0.09%
ARCB	D	0.08%
OMCL	C	0.08%
NBHC	D	0.08%
APOG	B	0.08%
KMT	B	0.08%
CROX	C	0.08%
MCRI	B	0.08%
WSBC	D	0.08%
RNST	D	0.08%
FIBK	C	0.08%
PNM	B	0.08%
EXPD	B	0.08%
DAN	D	0.08%
JELD	D	0.08%
AX	D	0.08%
LHX	C	0.08%
NWBI	D	0.08%
CENX	C	0.08%
SLVM	C	0.08%
CTOS	F	0.08%
OI	D	0.08%
BKE	B	0.08%
VRTS	F	0.07%
MRTN	D	0.07%
ZD	D	0.07%
CMCO	D	0.07%
CBRL	D	0.07%
CAR	D	0.07%
CHGG	F	0.07%
RIG	F	0.07%
ECVT	F	0.07%
HTLD	F	0.07%
ODP	F	0.07%
MLKN	F	0.07%
KN	D	0.07%
SKX	C	0.07%
EQC	D	0.07%
KOS	F	0.07%
CPK	B	0.06%
ALEX	C	0.06%
BDC	B	0.06%
CSGS	C	0.06%
PRIM	B	0.06%
SBCF	D	0.06%
AUB	D	0.06%
NIC	D	0.06%
GTY	C	0.06%
GEO	F	0.06%
ROIC	C	0.06%
HELE	D	0.06%
DEI	B	0.06%
FUL	D	0.05%
SUM	D	0.05%
SHEN	F	0.05%
NEOG	D	0.05%
AVNT	B	0.05%
CACI	B	0.05%
HLF	F	0.05%
BPOP	C	0.05%
IP	C	0.05%
TRS	C	0.05%
BXMT	C	0.05%
PCH	C	0.05%
USFD	C	0.05%
GOGO	F	0.05%
XHR	B	0.05%
EAT	C	0.05%
CVBF	D	0.05%
PTVE	D	0.05%
CCK	B	0.05%
DEA	D	0.05%
TRMK	D	0.05%
DG	F	0.05%
PSMT	B	0.05%
BUSE	D	0.05%
SRCE	D	0.05%
TCBK	D	0.05%
OEC	F	0.05%
BJ	D	0.04%
KALU	D	0.04%
STRA	F	0.04%
LSTR	D	0.04%
PARA	D	0.04%
MTX	D	0.04%
BLMN	F	0.04%
FOXF	F	0.04%
CMTG	F	0.03%
OII	D	0.03%
PGRE	D	0.03%
ATUS	C	0.03%
LXP	C	0.03%
PPBI	D	0.03%
SHOO	B	0.03%
NNI	C	0.03%
FBP	C	0.03%
CWEN	A	0.03%
HNI	C	0.03%
MWA	B	0.03%
NBTB	D	0.03%
JBGS	C	0.03%
BHLB	C	0.03%
BMBL	F	0.03%
FBK	C	0.03%
CBU	D	0.03%
BOOT	B	0.03%
LTH	C	0.03%
PFS	C	0.03%
AR	C	0.03%
HI	F	0.02%
GO	F	0.02%
DK	F	0.02%
OXM	F	0.02%
SCL	D	0.02%
WOR	F	0.02%
CAKE	B	0.02%
THRM	F	0.02%
AIN	F	0.02%

FAB Underweight 635 Positions Relative to HKND

Symbol	Grade	Weight
PG	C	-3.93%
GOOGL	D	-3.81%
MSFT	C	-2.41%
AAPL	C	-2.15%
LLY	D	-1.99%
ABBV	B	-1.87%
MRK	F	-1.79%
PFE	D	-1.6%
CL	C	-1.3%
SYK	C	-1.12%
BDX	D	-1.1%
AMGN	D	-1.08%
DELL	C	-0.96%
GEHC	B	-0.96%
UNH	C	-0.92%
ECL	B	-0.89%
BMY	C	-0.87%
TMO	B	-0.86%
BAX	C	-0.85%
GILD	B	-0.76%
BSX	B	-0.72%
JPM	D	-0.66%
AMZN	C	-0.6%
VRTX	D	-0.59%
DHR	B	-0.58%
IQV	D	-0.51%
INGR	B	-0.48%
MCK	F	-0.43%
PEP	D	-0.39%
HD	B	-0.38%
TMUS	B	-0.36%
VLTO	B	-0.34%
CHD	C	-0.34%
ISRG	C	-0.32%
CAH	C	-0.3%
EW	F	-0.28%
HOLX	D	-0.27%
FELE	B	-0.26%
MRNA	F	-0.25%
IBM	B	-0.25%
CLX	C	-0.23%
AXP	B	-0.21%
WBA	F	-0.21%
ALL	C	-0.21%
PGR	C	-0.21%
RMD	C	-0.2%
DIS	D	-0.2%
MET	B	-0.2%
ORCL	B	-0.19%
TSLA	C	-0.17%
FSLR	C	-0.17%
SOLV	D	-0.17%
AVTR	C	-0.16%
V	C	-0.16%
ZWS	B	-0.16%
A	C	-0.15%
AMAT	D	-0.15%
CTLT	B	-0.14%
DXCM	F	-0.13%
RUN	D	-0.13%
DVA	B	-0.13%
ENPH	D	-0.13%
FTRE	F	-0.12%
MMC	C	-0.12%
MU	D	-0.11%
TITN	F	-0.11%
BK	B	-0.11%
AHCO	C	-0.11%
LUMN	C	-0.11%
AVGO	C	-0.11%
MA	B	-0.11%
CRL	F	-0.1%
TFC	D	-0.1%
ALNY	C	-0.1%
TXN	B	-0.1%
GLW	B	-0.1%
WDC	C	-0.1%
MAN	C	-0.1%
COST	C	-0.1%
RPRX	C	-0.1%
BIO	C	-0.09%
LRCX	D	-0.09%
FLO	C	-0.09%
ILMN	D	-0.09%
PHM	B	-0.08%
CRM	C	-0.08%
PODD	C	-0.08%
EMBC	D	-0.08%
POST	B	-0.08%
ACM	B	-0.08%
CDW	D	-0.08%
ITGR	C	-0.08%
LXU	D	-0.08%
NFLX	B	-0.08%
ALG	D	-0.08%
RDNT	B	-0.08%
NVDA	C	-0.08%
MTD	C	-0.08%
KD	F	-0.07%
ADP	C	-0.07%
AMD	C	-0.07%
SCHW	D	-0.07%
DFS	C	-0.07%
TECH	C	-0.07%
MASI	C	-0.07%
MMSI	C	-0.07%
UAN	F	-0.07%
AMP	B	-0.07%
BMRN	F	-0.07%
SQ	D	-0.06%
FOX	B	-0.06%
GMED	D	-0.06%
SRPT	F	-0.06%
BRKR	D	-0.06%
MMM	B	-0.06%
HAE	D	-0.06%
IFF	A	-0.06%
BKNG	B	-0.06%
WST	D	-0.06%
ACI	F	-0.06%
NBIX	F	-0.06%
TJX	C	-0.06%
WAT	B	-0.06%
CNMD	D	-0.06%
AVB	C	-0.06%
ADBE	F	-0.05%
PCVX	C	-0.05%
TOL	A	-0.05%
OPK	D	-0.05%
INVH	D	-0.05%
ROKU	D	-0.05%
GWW	B	-0.05%
NVR	B	-0.05%
EQH	C	-0.05%
KLAC	D	-0.05%
AVNS	C	-0.05%
SMG	B	-0.05%
SUI	C	-0.05%
WM	D	-0.05%
MAR	B	-0.05%
LPLA	D	-0.04%
FIS	C	-0.04%
AZO	B	-0.04%
CR	B	-0.04%
ORLY	B	-0.04%
TNDM	D	-0.04%
AMT	C	-0.04%
OPCH	C	-0.04%
PH	B	-0.04%
SGRY	D	-0.04%
AJG	D	-0.04%
CTAS	C	-0.04%
SCSC	D	-0.04%
EXPE	C	-0.04%
WMG	D	-0.04%
NTRS	C	-0.04%
ADI	C	-0.04%
NOVT	D	-0.04%
UNFI	B	-0.04%
HUN	C	-0.04%
MEDP	F	-0.04%
TTC	F	-0.04%
ESS	C	-0.04%
AWR	C	-0.04%
SWK	B	-0.04%
EXAS	D	-0.04%
VKTX	D	-0.04%
EXEL	C	-0.04%
PEN	D	-0.04%
APH	C	-0.04%
SHW	B	-0.04%
MCHP	D	-0.03%
CHE	C	-0.03%
ROST	C	-0.03%
MCO	C	-0.03%
FAST	C	-0.03%
WTS	C	-0.03%
CSL	B	-0.03%
HWKN	B	-0.03%
GME	D	-0.03%
PLD	C	-0.03%
APO	B	-0.03%
ENR	D	-0.03%
OPEN	F	-0.03%
NUVL	D	-0.03%
ITW	B	-0.03%
CHWY	D	-0.03%
SPG	B	-0.03%
OFIX	D	-0.03%
ENSG	D	-0.03%
NWS	D	-0.03%
HALO	D	-0.03%
NEO	F	-0.03%
ON	D	-0.03%
CG	C	-0.03%
MD	C	-0.03%
INTU	D	-0.03%
LYV	A	-0.03%
NSP	F	-0.03%
FLGT	F	-0.03%
TWI	D	-0.03%
CYTK	F	-0.03%
IRDM	C	-0.03%
RVMD	C	-0.03%
AMRX	C	-0.03%
CPT	C	-0.03%
LBRDA	C	-0.03%
SPGI	C	-0.03%
ICE	C	-0.03%
ELS	D	-0.03%
IT	C	-0.03%
TDS	B	-0.03%
SMMT	D	-0.03%
AMH	D	-0.03%
BPMC	F	-0.03%
ZBRA	B	-0.03%
IONS	F	-0.03%
RKT	C	-0.03%
EMR	D	-0.03%
EL	D	-0.03%
LNTH	D	-0.03%
ITCI	D	-0.03%
NTAP	D	-0.03%
RSG	D	-0.03%
UDR	C	-0.03%
ATR	B	-0.02%
SRCL	B	-0.02%
TTEK	C	-0.02%
MSEX	C	-0.02%
BCO	B	-0.02%
ULTA	D	-0.02%
FOLD	F	-0.02%
AMPH	D	-0.02%
IOVA	F	-0.02%
NATL	D	-0.02%
BXP	C	-0.02%
IBKR	B	-0.02%
GH	F	-0.02%
DNLI	C	-0.02%
HAIN	C	-0.02%
GKOS	C	-0.02%
NWL	C	-0.02%
EFX	C	-0.02%
SNPS	F	-0.02%
HST	D	-0.02%
FCN	C	-0.02%
SMPL	D	-0.02%
AMRK	C	-0.02%
UTZ	C	-0.02%
ANET	C	-0.02%
AXSM	C	-0.02%
PTCT	C	-0.02%
BR	C	-0.02%
XRAY	D	-0.02%
ALGN	D	-0.02%
EA	D	-0.02%
CRNX	D	-0.02%
OTIS	B	-0.02%
DOX	C	-0.02%
ALIT	D	-0.02%
MDGL	F	-0.02%
INSM	D	-0.02%
ACAD	F	-0.02%
DLR	B	-0.02%
CORT	B	-0.02%
LECO	D	-0.02%
SMCI	F	-0.02%
BKD	D	-0.02%
MAS	B	-0.02%
BRO	C	-0.02%
NDAQ	C	-0.02%
TXG	D	-0.02%
ATRC	D	-0.02%
KRYS	D	-0.02%
EME	B	-0.02%
RARE	C	-0.02%
ROK	D	-0.02%
TPG	C	-0.02%
COMP	C	-0.02%
CCI	C	-0.02%
PFSI	C	-0.02%
IDXX	D	-0.02%
PWR	B	-0.02%
ENTG	D	-0.02%
NOW	C	-0.02%
PAYX	C	-0.02%
JJSF	B	-0.02%
KMPR	D	-0.02%
GFS	F	-0.02%
TNET	F	-0.02%
HLT	B	-0.02%
AZTA	F	-0.02%
EQIX	B	-0.02%
WMS	D	-0.02%
APLS	F	-0.02%
ZG	C	-0.02%
MSI	B	-0.02%
BLDR	C	-0.02%
WELL	C	-0.02%
WSO	C	-0.02%
KELYA	D	-0.02%
CME	B	-0.02%
AMED	D	-0.02%
THG	C	-0.02%
BBIO	F	-0.02%
SF	B	-0.02%
UNP	D	-0.02%
TYRA	C	-0.01%
IEX	C	-0.01%
IRTC	F	-0.01%
COTY	D	-0.01%
EOLS	C	-0.01%
FLS	C	-0.01%
USPH	F	-0.01%
MIRM	D	-0.01%
CARR	B	-0.01%
EXR	C	-0.01%
SLAB	D	-0.01%
GTES	C	-0.01%
PNTG	C	-0.01%
WH	B	-0.01%
YORW	D	-0.01%
MPWR	B	-0.01%
KE	F	-0.01%
NYT	B	-0.01%
VZIO	B	-0.01%
PJT	B	-0.01%
DLB	D	-0.01%
PRLB	F	-0.01%
REG	C	-0.01%
FOUR	C	-0.01%
LFST	C	-0.01%
FRPT	C	-0.01%
TYL	C	-0.01%
BRX	C	-0.01%
TOST	C	-0.01%
UI	B	-0.01%
FDMT	F	-0.01%
SAGE	F	-0.01%
DBX	C	-0.01%
SIBN	F	-0.01%
KIDS	F	-0.01%
FIVE	D	-0.01%
GSAT	F	-0.01%
RGNX	F	-0.01%
CGEM	F	-0.01%
ANSS	D	-0.01%
VRDN	B	-0.01%
MC	C	-0.01%
VNT	F	-0.01%
FICO	B	-0.01%
RLI	B	-0.01%
SSYS	D	-0.01%
HURN	C	-0.01%
DAY	D	-0.01%
DAWN	D	-0.01%
FIX	B	-0.01%
UCTT	D	-0.01%
BCRX	D	-0.01%
ACIW	B	-0.01%
SATS	C	-0.01%
APG	F	-0.01%
MDXG	F	-0.01%
TRUP	D	-0.01%
MTN	D	-0.01%
HAS	B	-0.01%
APP	C	-0.01%
VEEV	C	-0.01%
SYNA	D	-0.01%
PSTG	F	-0.01%
AKRO	D	-0.01%
AVO	C	-0.01%
ACT	C	-0.01%
CBSH	D	-0.01%
KNF	C	-0.01%
CNM	F	-0.01%
PIPR	B	-0.01%
IMVT	F	-0.01%
GRBK	B	-0.01%
DYN	D	-0.01%
EXLS	B	-0.01%
FDS	C	-0.01%
FG	C	-0.01%
FNA	F	-0.01%
TDC	D	-0.01%
RYAN	C	-0.01%
KURA	D	-0.01%
CCRN	F	-0.01%
PAYC	D	-0.01%
CFR	C	-0.01%
VRSN	C	-0.01%
CRVL	B	-0.01%
BRC	B	-0.01%
ASIX	B	-0.01%
COIN	F	-0.01%
TVTX	C	-0.01%
PTGX	C	-0.01%
XYL	C	-0.01%
MTCH	C	-0.01%
MNKD	C	-0.01%
IDT	C	-0.01%
CSX	C	-0.01%
JKHY	B	-0.01%
AXNX	B	-0.01%
IOSP	F	-0.01%
SNDX	F	-0.01%
RCM	C	-0.01%
MSCI	C	-0.01%
IR	B	-0.01%
MORN	C	-0.01%
SANA	F	-0.01%
IRT	C	-0.01%
CC	D	-0.01%
SBAC	C	-0.01%
BEAM	F	-0.01%
MSM	D	-0.01%
NGVT	D	-0.01%
TARS	D	-0.01%
PINC	D	-0.01%
TTMI	D	-0.01%
CRSR	D	-0.01%
AGIO	D	-0.01%
LAMR	B	-0.01%
ADMA	C	-0.01%
DOC	B	-0.01%
SXT	B	-0.01%
TDOC	D	-0.01%
ANIP	F	-0.01%
SITE	D	-0.01%
RXRX	F	-0.01%
TTWO	D	-0.01%
AXTA	B	-0.01%
ALB	D	-0.01%
FND	C	-0.01%
ACHC	D	-0.01%
LMAT	B	-0.01%
GNRC	D	-0.01%
TNC	D	-0.01%
ARDX	D	-0.01%
HRB	C	-0.01%
QRVO	F	-0.01%
IRM	C	-0.01%
AIV	C	-0.01%
CDNS	D	-0.01%
JBSS	F	-0.01%
AOS	B	-0.01%
HUBB	B	-0.01%
O	B	-0.01%
BGC	D	-0.01%
TNL	C	-0.01%
CPRX	C	-0.01%
EXPI	C	-0.01%
ICFI	C	-0.01%
RNA	D	-0.01%
NTLA	F	-0.01%
COLL	C	-0.01%
GERN	D	-0.01%
RCKT	F	-0.01%
ASTH	B	-0.01%
DVAX	D	-0.01%
FTV	C	-0.01%
FL	F	-0.01%
ARVN	F	-0.01%
KEYS	B	-0.01%
CSTL	D	-0.01%
TRMB	C	-0.01%
CGON	C	-0.01%
BURL	C	-0.01%
DFH	C	-0.01%
ESI	C	-0.01%
UWMC	D	-0.01%
STGW	C	-0.01%
CIEN	B	-0.01%
FCNCA	D	-0.01%
XNCR	D	-0.01%
ADSK	B	-0.01%
AME	C	-0.01%
IRWD	F	-0.01%
FFIV	B	-0.01%
KO	B	-0.01%
HHH	C	-0.01%
NARI	F	-0.01%
EVH	D	-0.01%
SPTN	C	-0.01%
HRMY	B	-0.01%
VERA	C	-0.01%
NVAX	D	-0.01%
LGF.A	F	-0.01%
H	B	-0.01%
RYTM	C	-0.01%
KROS	C	-0.01%
PRVA	F	-0.01%
CLH	C	-0.01%
RRX	C	-0.01%
KYMR	C	-0.01%
COHR	C	-0.01%
BHE	C	-0.01%
RGEN	F	-0.01%
VCEL	F	-0.01%
VRT	C	-0.01%
CSGP	D	-0.01%
NTRA	C	-0.01%
GDDY	C	-0.01%
EEFT	F	-0.01%
AGL	F	-0.01%
BGS	D	-0.01%
IDYA	F	-0.01%
AIT	B	-0.01%
TRU	B	-0.01%
VRSK	D	-0.01%
ERIE	B	-0.01%
VIR	F	-0.01%
TWST	D	-0.01%
ABNB	D	-0.01%
SUPN	D	-0.01%
ATEC	F	-0.01%
CNDT	C	-0.01%
NSIT	C	-0.01%
TGTX	C	-0.01%
FTNT	B	-0.01%
JNPR	A	-0.01%
PANW	D	-0.01%
MYGN	D	-0.01%
AKAM	D	-0.01%
EDR	A	-0.01%
URI	B	-0.01%
INSP	D	-0.01%
ACLX	C	-0.01%
WDAY	D	-0.01%
SWTX	F	-0.01%
ROP	C	-0.01%
EWTX	C	-0.01%
HOV	D	-0.01%
UFPT	D	-0.01%
TER	C	-0.01%
SCI	C	-0.01%
ARWR	F	-0.01%
ARES	B	-0.01%
ESAB	C	-0.01%
EVR	B	-0.01%
JANX	D	-0.01%
CLDX	F	-0.01%
PSA	C	-0.01%
MRVL	D	-0.01%
MRVI	D	-0.01%
SCLX	F	-0.0%
VIRT	C	-0.0%
OABI	F	-0.0%
ABUS	D	-0.0%
BLFS	D	-0.0%
CELC	F	-0.0%
PRME	F	-0.0%
CTKB	F	-0.0%
QTRX	F	-0.0%
ABSI	F	-0.0%
ALT	F	-0.0%
STOK	D	-0.0%
ORIC	C	-0.0%
FORM	F	-0.0%
OLMA	F	-0.0%
MNMD	F	-0.0%
ALGM	D	-0.0%
PLAB	D	-0.0%
LQDA	F	-0.0%
APLT	C	-0.0%
SVRA	D	-0.0%
IRON	C	-0.0%
NUVB	F	-0.0%
MSGS	B	-0.0%
TW	B	-0.0%
SIGA	F	-0.0%
CRAI	C	-0.0%
YMAB	D	-0.0%
LYEL	D	-0.0%
EYPT	F	-0.0%
NDSN	C	-0.0%
LBPH	D	-0.0%
AEIS	D	-0.0%
PHAT	C	-0.0%
STEP	B	-0.0%
CNS	B	-0.0%
BSY	C	-0.0%
ZEUS	F	-0.0%
ALEC	F	-0.0%
ETNB	F	-0.0%
ANAB	D	-0.0%
PLRX	F	-0.0%
MMI	C	-0.0%
ITRI	C	-0.0%
GOLF	F	-0.0%
PGNY	F	-0.0%
GGG	C	-0.0%
COGT	C	-0.0%
MLYS	D	-0.0%
TTD	B	-0.0%
HSII	C	-0.0%
ARCT	D	-0.0%
OSCR	D	-0.0%
CBZ	F	-0.0%
PCTY	D	-0.0%
CHH	B	-0.0%
GBCI	C	-0.0%
CNA	D	-0.0%
GIC	D	-0.0%
CBT	B	-0.0%
ANF	D	-0.0%
AZZ	C	-0.0%
SPRY	C	-0.0%
NRIX	D	-0.0%
IBP	C	-0.0%
TMCI	F	-0.0%
DCI	C	-0.0%
PTC	C	-0.0%
ARQT	D	-0.0%
RLAY	F	-0.0%
TRIP	F	-0.0%
SONO	F	-0.0%
PLAY	D	-0.0%
HZO	C	-0.0%
OCUL	D	-0.0%
SAVA	D	-0.0%
FRT	C	-0.0%
TKO	A	-0.0%
IMNM	F	-0.0%
ONTO	C	-0.0%
ITT	B	-0.0%
VCYT	C	-0.0%
BBSI	C	-0.0%
UFCS	D	-0.0%
ELVN	C	-0.0%
NSC	C	-0.0%
RCUS	D	-0.0%
SRRK	F	-0.0%
SFM	B	-0.0%
UVE	C	-0.0%