HKND vs. BTEC ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Principal Healthcare Innovators Index ETF (BTEC)

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

$30.91

Average Daily Volume

582

Number of Holdings ^*

963

* may have additional holdings in another (foreign) market

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$36.35

Average Daily Volume

11,978

Number of Holdings ^*

243

* may have additional holdings in another (foreign) market

Performance

Period	HKND	BTEC
30 Days	-1.96%	-1.75%
60 Days	3.12%	3.66%
90 Days	1.26%	-1.52%
12 Months	11.40%	-3.70%

140 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in BTEC	Overlap
ABUS	B	0.0%	0.15%	0.0%
ACLX	C	0.01%	0.63%	0.01%
ADMA	A	0.01%	0.56%	0.01%
AGIO	B	0.01%	0.62%	0.01%
AKRO	C	0.01%	0.35%	0.01%
ALEC	D	0.0%	0.11%	0.0%
ALNY	C	0.1%	3.27%	0.1%
ALT	F	0.0%	0.09%	0.0%
ALXO	F	0.0%	0.11%	0.0%
ANAB	B	0.0%	0.16%	0.0%
APLS	D	0.02%	1.08%	0.02%
ARCT	C	0.01%	0.21%	0.01%
ARDX	F	0.01%	0.34%	0.01%
ARQT	C	0.0%	0.2%	0.0%
ARVN	F	0.01%	0.41%	0.01%
ARWR	C	0.02%	0.67%	0.02%
ATEC	D	0.01%	0.31%	0.01%
ATRC	F	0.02%	0.24%	0.02%
AVNS	D	0.05%	0.21%	0.05%
AVTE	C	0.0%	0.15%	0.0%
AXSM	C	0.02%	0.75%	0.02%
AZTA	C	0.03%	0.68%	0.03%
BBIO	C	0.02%	1.11%	0.02%
BCRX	C	0.01%	0.32%	0.01%
BEAM	C	0.01%	0.45%	0.01%
BLFS	B	0.0%	0.24%	0.0%
BPMC	B	0.03%	1.37%	0.03%
CABA	F	0.0%	0.13%	0.0%
CELC	C	0.0%	0.09%	0.0%
CERE	C	0.03%	1.57%	0.03%
CGEM	D	0.01%	0.24%	0.01%
CGON	C	0.01%	0.53%	0.01%
CLDX	F	0.01%	0.5%	0.01%
COGT	C	0.0%	0.22%	0.0%
CRNX	D	0.02%	0.77%	0.02%
CTKB	F	0.0%	0.19%	0.0%
CTLT	D	0.15%	2.17%	0.15%
CYTK	D	0.03%	1.2%	0.03%
DAWN	F	0.01%	0.25%	0.01%
DCPH	A	0.01%	0.49%	0.01%
DNLI	C	0.01%	0.65%	0.01%
DYN	B	0.01%	0.57%	0.01%
ELVN	B	0.0%	0.23%	0.0%
ENOV	F	0.14%	0.54%	0.14%
EOLS	D	0.0%	0.17%	0.0%
ETNB	F	0.0%	0.18%	0.0%
EWTX	C	0.01%	0.36%	0.01%
EXAS	F	0.03%	1.66%	0.03%
EYPT	F	0.0%	0.11%	0.0%
FDMT	D	0.01%	0.25%	0.01%
FNA	F	0.01%	0.13%	0.01%
FOLD	D	0.02%	0.65%	0.02%
GERN	B	0.01%	0.64%	0.01%
GKOS	B	0.02%	1.21%	0.02%
HLVX	B	0.0%	0.17%	0.0%
ICUI	B	0.1%	0.6%	0.1%
IDYA	D	0.01%	0.63%	0.01%
ILMN	F	0.1%	2.54%	0.1%
IMVT	D	0.01%	0.8%	0.01%
INSM	A	0.04%	1.94%	0.04%
INSP	D	0.01%	1.03%	0.01%
IONS	C	0.04%	1.25%	0.04%
IOVA	F	0.01%	0.49%	0.01%
IRON	C	0.0%	0.22%	0.0%
IRTC	D	0.0%	0.65%	0.0%
ITCI	D	0.04%	1.44%	0.04%
JANX	D	0.01%	0.51%	0.01%
KIDS	F	0.01%	0.17%	0.01%
KROS	C	0.01%	0.4%	0.01%
KURA	B	0.01%	0.36%	0.01%
KYMR	D	0.01%	0.47%	0.01%
LBPH	D	0.0%	0.15%	0.0%
LQDA	C	0.0%	0.24%	0.0%
LYEL	C	0.0%	0.15%	0.0%
MDGL	B	0.02%	1.09%	0.02%
MGNX	F	0.01%	0.07%	0.01%
MIRM	C	0.01%	0.28%	0.01%
MLYS	C	0.0%	0.17%	0.0%
MORF	D	0.01%	0.34%	0.01%
MRNA	B	0.39%	4.45%	0.39%
MRVI	F	0.01%	0.26%	0.01%
MYGN	B	0.01%	0.46%	0.01%
NARI	C	0.01%	0.6%	0.01%
NRIX	B	0.0%	0.19%	0.0%
NTLA	C	0.01%	0.51%	0.01%
NTRA	B	0.01%	2.87%	0.01%
NUVB	C	0.0%	0.15%	0.0%
NUVL	B	0.02%	1.02%	0.02%
NVAX	C	0.02%	0.58%	0.02%
OABI	F	0.0%	0.14%	0.0%
OCUL	D	0.0%	0.17%	0.0%
OFIX	F	0.03%	0.13%	0.03%
OLMA	C	0.0%	0.19%	0.0%
ORIC	F	0.0%	0.14%	0.0%
PCVX	B	0.03%	1.67%	0.03%
PHAT	B	0.0%	0.16%	0.0%
PLRX	D	0.0%	0.17%	0.0%
PRME	C	0.0%	0.22%	0.0%
PTCT	C	0.02%	0.65%	0.02%
PTGX	B	0.01%	0.45%	0.01%
QTRX	F	0.0%	0.16%	0.0%
RARE	F	0.02%	0.76%	0.02%
RCKT	F	0.01%	0.46%	0.01%
RCUS	B	0.0%	0.33%	0.0%
RGNX	F	0.01%	0.16%	0.01%
RLAY	C	0.0%	0.23%	0.0%
RNA	B	0.01%	0.49%	0.01%
RVMD	B	0.03%	1.42%	0.03%
RXRX	B	0.01%	0.41%	0.01%
RYTM	B	0.01%	0.56%	0.01%
SAGE	F	0.01%	0.15%	0.01%
SANA	F	0.01%	0.35%	0.01%
SAVA	F	0.0%	0.2%	0.0%
SIBN	F	0.0%	0.13%	0.0%
SIGA	D	0.0%	0.14%	0.0%
SILK	C	0.01%	0.2%	0.01%
SMMT	B	0.03%	1.24%	0.03%
SNDX	C	0.01%	0.38%	0.01%
SPRY	D	0.0%	0.21%	0.0%
SRPT	C	0.06%	2.45%	0.06%
SRRK	F	0.0%	0.17%	0.0%
SVRA	D	0.0%	0.14%	0.0%
SWTX	D	0.01%	0.65%	0.01%
TARS	D	0.01%	0.28%	0.01%
TGTX	B	0.01%	0.55%	0.01%
TMCI	F	0.01%	0.09%	0.01%
TNDM	B	0.04%	0.71%	0.04%
TVTX	C	0.01%	0.14%	0.01%
TWST	B	0.01%	0.66%	0.01%
TXG	F	0.02%	0.52%	0.02%
TYRA	B	0.0%	0.25%	0.0%
VCEL	D	0.01%	0.48%	0.01%
VCYT	C	0.0%	0.35%	0.0%
VERA	D	0.01%	0.49%	0.01%
VIR	C	0.02%	0.35%	0.02%
VKTX	D	0.03%	1.32%	0.03%
VRDN	D	0.0%	0.18%	0.0%
XNCR	D	0.01%	0.31%	0.01%
YMAB	D	0.0%	0.13%	0.0%
ZNTL	F	0.0%	0.17%	0.0%

HKND Overweight 823 Positions Relative to BTEC

Symbol	Grade	Weight
PG	A	4.03%
GOOGL	A	4.02%
MSFT	A	2.43%
LLY	A	2.28%
AAPL	B	2.27%
JNJ	F	1.99%
ABBV	B	1.95%
MRK	B	1.79%
DE	D	1.79%
MOS	F	1.68%
PFE	C	1.59%
ADM	D	1.57%
INTC	F	1.46%
CL	A	1.35%
CTVA	D	1.33%
BDX	D	1.18%
SYK	B	1.14%
ABT	D	1.08%
CI	D	1.08%
WMT	A	1.06%
AMGN	B	1.05%
HCA	A	0.98%
CF	D	0.97%
BG	C	0.94%
HPQ	B	0.92%
UNH	C	0.92%
ECL	A	0.91%
GEHC	D	0.89%
VZ	C	0.89%
DELL	B	0.86%
TMO	C	0.85%
T	B	0.84%
BMY	F	0.84%
BAX	D	0.77%
BSX	A	0.71%
FMC	F	0.7%
VRTX	A	0.67%
JPM	C	0.67%
GILD	D	0.66%
CMCSA	F	0.66%
REGN	A	0.65%
AGCO	F	0.61%
DGX	B	0.61%
AMZN	B	0.59%
DHR	B	0.59%
BAC	A	0.52%
CVS	F	0.5%
MCK	A	0.5%
SJM	F	0.5%
IQV	D	0.49%
INGR	D	0.47%
FDP	D	0.46%
ZBH	F	0.44%
ELV	B	0.43%
TMUS	B	0.41%
WFC	D	0.39%
C	D	0.39%
PEP	D	0.38%
KVUE	F	0.37%
AWK	B	0.36%
VLTO	A	0.35%
HD	C	0.35%
CHD	A	0.35%
ISRG	A	0.34%
MS	B	0.34%
THC	B	0.33%
CAG	D	0.33%
GS	B	0.33%
CNC	D	0.32%
DD	B	0.31%
BIIB	C	0.31%
EW	D	0.3%
MDLZ	D	0.3%
J	D	0.3%
CAH	D	0.3%
HUM	C	0.29%
BBY	B	0.29%
HOLX	D	0.28%
SPB	B	0.28%
GIS	D	0.27%
K	C	0.26%
FELE	D	0.25%
IBM	C	0.24%
UHS	A	0.23%
VTRS	F	0.23%
WBA	F	0.23%
LOW	C	0.22%
AIG	D	0.22%
HPE	A	0.22%
FSLR	B	0.22%
KR	D	0.21%
PGR	D	0.21%
CLX	D	0.21%
DOW	D	0.2%
ALL	D	0.2%
RMD	B	0.19%
CHTR	C	0.19%
AXP	D	0.19%
DIS	D	0.19%
MET	D	0.18%
ORCL	B	0.17%
QCOM	A	0.17%
AMAT	A	0.17%
TFX	D	0.17%
CSCO	F	0.16%
ENPH	C	0.16%
PRU	C	0.16%
RUN	C	0.16%
AVTR	D	0.15%
DHI	D	0.15%
TRV	D	0.15%
V	D	0.15%
COF	D	0.15%
TSLA	C	0.15%
MU	A	0.14%
ZWS	D	0.14%
A	D	0.13%
LEN	D	0.13%
DVA	B	0.13%
SOLV	F	0.13%
FTRE	F	0.12%
AVGO	A	0.12%
NVDA	A	0.12%
JBL	D	0.12%
HSIC	D	0.12%
DXCM	D	0.12%
AHCO	B	0.12%
MMC	A	0.12%
IART	D	0.11%
MA	D	0.11%
COST	A	0.11%
LRCX	A	0.11%
AIZ	D	0.11%
USB	D	0.11%
TGT	D	0.11%
HIG	B	0.1%
BLK	D	0.1%
GLW	B	0.1%
CRL	F	0.1%
SEM	B	0.1%
CBRE	D	0.1%
TXN	B	0.1%
LUMN	F	0.1%
BMRN	C	0.1%
KMB	A	0.1%
RPRX	D	0.1%
WDC	B	0.1%
OGN	B	0.1%
BK	B	0.1%
FLO	D	0.09%
TFC	D	0.09%
INCY	B	0.09%
MAN	D	0.09%
PNC	D	0.09%
UTHR	A	0.08%
ITGR	C	0.08%
ALG	F	0.08%
LXU	D	0.08%
CTSH	D	0.08%
CDW	D	0.08%
POST	D	0.08%
TITN	F	0.08%
STT	D	0.08%
MTD	B	0.08%
WTRG	B	0.08%
NFLX	A	0.08%
AFL	B	0.08%
PYPL	D	0.08%
MASI	C	0.08%
RDNT	B	0.08%
BIO	F	0.08%
ADP	C	0.07%
EMBC	C	0.07%
CRM	F	0.07%
KD	B	0.07%
DFS	D	0.07%
SYF	D	0.07%
PODD	B	0.07%
SYY	D	0.07%
FNF	D	0.07%
DXC	D	0.07%
EQR	B	0.07%
WBD	F	0.07%
TJX	A	0.07%
SCHW	D	0.07%
AMP	C	0.07%
MMSI	B	0.07%
MOH	F	0.07%
AMD	C	0.07%
EHC	B	0.07%
CWT	D	0.07%
GME	C	0.07%
ACI	F	0.07%
CPB	C	0.07%
ACM	D	0.07%
UAN	C	0.07%
NBIX	C	0.07%
BERY	C	0.06%
WAT	D	0.06%
WST	D	0.06%
WLK	D	0.06%
HAE	D	0.06%
RGA	B	0.06%
KLAC	A	0.06%
BKNG	A	0.06%
HSY	F	0.06%
IFF	B	0.06%
GMED	B	0.06%
FOX	B	0.06%
CNMD	D	0.06%
SNX	A	0.06%
AVB	A	0.06%
TECH	B	0.06%
PHM	B	0.06%
OMC	D	0.05%
MAA	B	0.05%
MEDP	C	0.05%
APH	A	0.05%
TTC	B	0.05%
CMI	D	0.05%
SJW	F	0.05%
RJF	D	0.05%
SUI	D	0.05%
EXEL	D	0.05%
UNFI	C	0.05%
INVH	A	0.05%
MKL	C	0.05%
OMI	F	0.05%
BRKR	F	0.05%
EQH	B	0.05%
ADBE	C	0.05%
LNC	B	0.05%
SQ	F	0.05%
ALLY	C	0.05%
MAR	C	0.05%
OPK	D	0.05%
SMG	D	0.05%
PFG	D	0.05%
WM	C	0.05%
EBAY	B	0.05%
L	D	0.05%
VTR	A	0.05%
CRBG	C	0.05%
MMM	B	0.05%
ORI	C	0.04%
CTAS	A	0.04%
ORLY	C	0.04%
KDP	B	0.04%
CR	C	0.04%
AMT	B	0.04%
RSG	C	0.04%
NTRS	D	0.04%
JEF	C	0.04%
SCSC	C	0.04%
HUN	D	0.04%
OPCH	D	0.04%
SWK	D	0.04%
ROKU	F	0.04%
BEN	F	0.04%
AZO	C	0.04%
CHWY	C	0.04%
LPLA	B	0.04%
KLG	F	0.04%
CINF	D	0.04%
AJG	A	0.04%
EXPE	C	0.04%
TOL	C	0.04%
FITB	D	0.04%
AWR	D	0.04%
ESS	A	0.04%
TROW	B	0.04%
WHR	D	0.04%
JLL	B	0.04%
SHW	D	0.04%
PEN	F	0.04%
NTAP	A	0.04%
MKC	F	0.04%
FAF	D	0.04%
NOVT	C	0.04%
WRB	D	0.04%
NVR	C	0.04%
ADI	B	0.04%
AYI	D	0.04%
GXO	F	0.04%
GWW	C	0.04%
GPC	D	0.04%
WU	D	0.03%
APO	B	0.03%
ABM	B	0.03%
TWI	F	0.03%
MD	D	0.03%
AMKR	B	0.03%
VOYA	C	0.03%
ITW	D	0.03%
INTU	C	0.03%
KBH	B	0.03%
ENR	D	0.03%
PLD	C	0.03%
HBAN	D	0.03%
NEO	F	0.03%
XRX	F	0.03%
LYV	D	0.03%
CG	D	0.03%
MCHP	C	0.03%
GPS	B	0.03%
ROST	B	0.03%
ENSG	B	0.03%
HWKN	B	0.03%
RHI	D	0.03%
DAR	F	0.03%
MIDD	F	0.03%
IRDM	F	0.03%
RS	D	0.03%
SPG	B	0.03%
ARW	B	0.03%
AMRX	B	0.03%
UPS	F	0.03%
USM	B	0.03%
NSP	F	0.03%
IT	D	0.03%
SPGI	B	0.03%
RF	C	0.03%
CPT	B	0.03%
FLGT	F	0.03%
SNEX	C	0.03%
MTB	D	0.03%
ON	C	0.03%
ELS	C	0.03%
ZBRA	D	0.03%
ICE	B	0.03%
TDS	B	0.03%
AMH	C	0.03%
EMR	D	0.03%
LNTH	B	0.03%
SANM	B	0.03%
NWS	B	0.03%
GPN	F	0.03%
IVZ	D	0.03%
TMHC	D	0.03%
KEY	D	0.03%
LBRDA	D	0.03%
AFG	D	0.03%
UDR	B	0.03%
CFG	D	0.03%
FIS	B	0.03%
PPG	D	0.03%
UNM	D	0.03%
PH	D	0.03%
LNN	C	0.03%
IPG	F	0.03%
SGRY	F	0.03%
CNXN	C	0.03%
WMG	D	0.03%
HALO	B	0.03%
RKT	B	0.03%
LKQ	F	0.03%
EL	F	0.03%
FYBR	B	0.03%
R	D	0.02%
IBKR	B	0.02%
HAIN	C	0.02%
ANET	A	0.02%
NATL	B	0.02%
AMN	D	0.02%
NWL	F	0.02%
BCO	B	0.02%
BBWI	D	0.02%
BHF	F	0.02%
EFX	B	0.02%
TER	B	0.02%
MCY	D	0.02%
ALGN	F	0.02%
TPG	C	0.02%
LECO	F	0.02%
SMPL	B	0.02%
ALIT	F	0.02%
MHO	B	0.02%
DOX	F	0.02%
UTZ	C	0.02%
XRAY	F	0.02%
EME	B	0.02%
COOP	B	0.02%
FCN	D	0.02%
AVT	B	0.02%
BLDR	D	0.02%
TSCO	B	0.02%
MAS	C	0.02%
CENTA	D	0.02%
CCS	D	0.02%
PFSI	B	0.02%
CNXC	D	0.02%
BR	D	0.02%
NDAQ	D	0.02%
SNPS	B	0.02%
IDXX	C	0.02%
ZG	B	0.02%
TPH	C	0.02%
ADTN	D	0.02%
OTIS	B	0.02%
ADV	F	0.02%
DLR	A	0.02%
OMF	D	0.02%
SRCL	B	0.02%
NOW	C	0.02%
ACAD	F	0.02%
BKD	D	0.02%
ROK	F	0.02%
APD	B	0.02%
CCI	C	0.02%
BRO	A	0.02%
PWR	B	0.02%
AGL	C	0.02%
AIRC	A	0.02%
CORT	B	0.02%
PAYX	B	0.02%
EA	B	0.02%
KRYS	B	0.02%
WMS	C	0.02%
HLT	B	0.02%
WTS	D	0.02%
OPEN	F	0.02%
THG	D	0.02%
ENTG	B	0.02%
GH	B	0.02%
SSNC	D	0.02%
KELYA	D	0.02%
LILAK	B	0.02%
EQIX	C	0.02%
SWKS	C	0.02%
THS	D	0.02%
JJSF	B	0.02%
SF	D	0.02%
JXN	C	0.02%
TNET	F	0.02%
WSO	B	0.02%
CME	D	0.02%
KMPR	D	0.02%
SIRI	F	0.02%
GFS	D	0.02%
WELL	A	0.02%
DKS	B	0.02%
MSI	A	0.02%
SMCI	C	0.02%
UNP	D	0.02%
AAP	F	0.02%
REZI	D	0.02%
MTH	C	0.02%
CHE	D	0.02%
FAST	D	0.02%
MCO	B	0.02%
MMS	B	0.02%
CSL	B	0.02%
GNW	D	0.02%
AMED	F	0.02%
CVCO	C	0.01%
HZO	C	0.01%
DAY	F	0.01%
ONTO	B	0.01%
MODG	D	0.01%
PGNY	F	0.01%
OZK	F	0.01%
DBX	F	0.01%
WH	C	0.01%
COTY	F	0.01%
UI	C	0.01%
FRPT	B	0.01%
YORW	D	0.01%
PJT	B	0.01%
DLB	F	0.01%
KE	C	0.01%
SATS	C	0.01%
APAM	D	0.01%
TCBI	D	0.01%
MAT	F	0.01%
CMC	D	0.01%
VEEV	D	0.01%
MPWR	A	0.01%
SSB	D	0.01%
BKU	C	0.01%
FOUR	C	0.01%
REG	B	0.01%
BRX	B	0.01%
PRLB	F	0.01%
GMS	D	0.01%
PAYC	F	0.01%
GSAT	F	0.01%
PB	D	0.01%
KNF	C	0.01%
BXC	F	0.01%
FIX	C	0.01%
FICO	B	0.01%
SCHL	F	0.01%
MC	D	0.01%
VZIO	B	0.01%
NYT	B	0.01%
PLUS	D	0.01%
AEO	D	0.01%
TYL	B	0.01%
CADE	D	0.01%
WD	C	0.01%
SNA	D	0.01%
ASB	D	0.01%
MTN	F	0.01%
WGO	F	0.01%
RLI	D	0.01%
ACIW	B	0.01%
URBN	B	0.01%
SKY	C	0.01%
UMBF	D	0.01%
FDS	D	0.01%
HWC	D	0.01%
HAS	C	0.01%
GRBK	C	0.01%
HMN	D	0.01%
TDOC	F	0.01%
ANSS	C	0.01%
MDXG	D	0.01%
VNT	D	0.01%
IPGP	F	0.01%
MNKD	B	0.01%
ACT	D	0.01%
HGV	D	0.01%
SSYS	F	0.01%
WPC	D	0.01%
FNB	D	0.01%
PNFP	D	0.01%
TRUP	C	0.01%
ANF	B	0.01%
FG	F	0.01%
CNM	C	0.01%
VLY	F	0.01%
PII	F	0.01%
CBSH	D	0.01%
EXLS	D	0.01%
WBS	F	0.01%
LCII	F	0.01%
APG	B	0.01%
HURN	C	0.01%
LFUS	B	0.01%
CRUS	A	0.01%
NGVT	F	0.01%
TDC	D	0.01%
CC	D	0.01%
CFR	D	0.01%
DIOD	D	0.01%
PIPR	B	0.01%
KFRC	D	0.01%
IDT	D	0.01%
PRG	C	0.01%
CRVL	C	0.01%
SYNA	C	0.01%
SITE	F	0.01%
KWR	F	0.01%
HTH	D	0.01%
JKHY	D	0.01%
XYL	B	0.01%
MTG	C	0.01%
ASIX	F	0.01%
SBAC	D	0.01%
CCRN	D	0.01%
ALB	F	0.01%
IR	C	0.01%
MSM	F	0.01%
CSX	D	0.01%
NYCB	F	0.01%
NMRK	C	0.01%
FHI	D	0.01%
UCTT	B	0.01%
EXPI	F	0.01%
RYAN	C	0.01%
IAC	F	0.01%
VRSN	C	0.01%
DFH	D	0.01%
UNF	F	0.01%
WTFC	D	0.01%
RDN	C	0.01%
LAMR	C	0.01%
MTCH	C	0.01%
IOSP	C	0.01%
TGNA	F	0.01%
VSAT	F	0.01%
IRT	A	0.01%
HLI	C	0.01%
AXNX	C	0.01%
UHAL	D	0.01%
BRC	B	0.01%
CABO	F	0.01%
MORN	D	0.01%
PINC	F	0.01%
BECN	C	0.01%
HUBB	D	0.01%
FND	B	0.01%
KEYS	D	0.01%
SXT	B	0.01%
LGF.A	D	0.01%
MSCI	D	0.01%
CACC	F	0.01%
RCM	C	0.01%
WAL	D	0.01%
DOC	B	0.01%
LANC	C	0.01%
SBH	D	0.01%
VNO	C	0.01%
BOKF	D	0.01%
ENS	B	0.01%
AXTA	B	0.01%
INVA	B	0.01%
BGC	D	0.01%
LMAT	A	0.01%
AOS	C	0.01%
AIV	C	0.01%
ASTH	B	0.01%
CPRX	C	0.01%
ARE	C	0.01%
BCC	D	0.01%
TNC	D	0.01%
COLL	D	0.01%
TTMI	B	0.01%
CSTL	B	0.01%
FTV	D	0.01%
KIM	B	0.01%
CRSR	D	0.01%
TEX	D	0.01%
ICFI	D	0.01%
TNL	C	0.01%
KFY	B	0.01%
PSTG	A	0.01%
STGW	C	0.01%
O	B	0.01%
HRB	B	0.01%
IRM	A	0.01%
GNRC	C	0.01%
UFPI	D	0.01%
TRMB	D	0.01%
CDNS	B	0.01%
EWBC	D	0.01%
FFIV	D	0.01%
RRX	F	0.01%
SNV	D	0.01%
ACHC	F	0.01%
VRT	D	0.01%
KEX	B	0.01%
JBSS	D	0.01%
DNA	F	0.01%
ANIP	D	0.01%
PBH	D	0.01%
ADSK	C	0.01%
SEIC	D	0.01%
VAC	F	0.01%
ADUS	B	0.01%
CSGP	F	0.01%
TTWO	B	0.01%
LGND	B	0.01%
BZH	D	0.01%
EVH	F	0.01%
CIEN	F	0.01%
SPTN	F	0.01%
FCNCA	D	0.01%
CNDT	F	0.01%
NVST	F	0.01%
CNO	C	0.01%
QRVO	C	0.01%
TRU	D	0.01%
EMN	B	0.01%
AME	D	0.01%
IRWD	F	0.01%
RGEN	F	0.01%
BC	F	0.01%
ERIE	D	0.01%
ESI	B	0.01%
H	C	0.01%
HRMY	F	0.01%
WDAY	F	0.01%
COIN	B	0.01%
LGIH	F	0.01%
AIT	D	0.01%
GT	F	0.01%
KO	B	0.01%
HOV	D	0.01%
ASGN	D	0.01%
BGS	F	0.01%
NHC	B	0.01%
DVAX	D	0.01%
NXST	D	0.01%
ASH	C	0.01%
PCRX	D	0.01%
URI	D	0.01%
DOV	C	0.01%
BHE	B	0.01%
THO	F	0.01%
CLH	A	0.01%
ABNB	D	0.01%
CE	D	0.01%
ESAB	D	0.01%
NSIT	B	0.01%
AMG	D	0.01%
COHR	A	0.01%
PSA	B	0.01%
ARES	D	0.01%
UFPT	B	0.01%
UWMC	B	0.01%
FDX	D	0.01%
PANW	B	0.01%
BURL	B	0.01%
PRVA	D	0.01%
EPAM	F	0.01%
EEFT	C	0.01%
FTNT	D	0.01%
ZION	D	0.01%
PDCO	F	0.01%
MRVL	B	0.01%
AMRK	D	0.01%
MSEX	D	0.01%
BXP	C	0.01%
AKAM	F	0.01%
FHN	D	0.01%
SUPN	F	0.01%
COMP	D	0.01%
VRSK	A	0.01%
GDDY	B	0.01%
WCC	C	0.01%
VSH	D	0.01%
EVR	B	0.01%
AMPH	F	0.01%
SIGI	F	0.01%
ULTA	D	0.01%
EDR	A	0.01%
ATR	B	0.01%
PLXS	C	0.01%
JNPR	B	0.01%
SCI	B	0.01%
CMA	D	0.01%
GL	D	0.01%
TTEK	B	0.01%
SEE	C	0.01%
STC	D	0.01%
ROP	B	0.01%
HST	D	0.01%
FL	C	0.01%
VIRT	B	0.0%
ABSI	D	0.0%
APLT	B	0.0%
MNMD	D	0.0%
NDSN	D	0.0%
PLAB	F	0.0%
OSCR	C	0.0%
COLB	F	0.0%
STOK	B	0.0%
WAFD	D	0.0%
MMI	F	0.0%
TW	D	0.0%
MSGS	C	0.0%
CNS	D	0.0%
WSFS	D	0.0%
FORM	B	0.0%
ALGM	D	0.0%
MLI	D	0.0%
UCBI	D	0.0%
PCTY	F	0.0%
DFIN	D	0.0%
BSY	D	0.0%
ITRI	B	0.0%
GGG	D	0.0%
CRAI	B	0.0%
FHB	D	0.0%
ZEUS	F	0.0%
CHH	D	0.0%
CBT	C	0.0%
GBCI	D	0.0%
HSII	B	0.0%
TTD	B	0.0%
SAFT	D	0.0%
LFST	F	0.0%
NVEE	F	0.0%
CATY	D	0.0%
AEIS	B	0.0%
IBP	C	0.0%
HOMB	D	0.0%
FIVE	F	0.0%
ITT	D	0.0%
REYN	C	0.0%
SONO	F	0.0%
STEP	B	0.0%
CBZ	D	0.0%
GIC	F	0.0%
SFNC	D	0.0%
GOLF	B	0.0%
UFCS	D	0.0%
AZZ	C	0.0%
CNA	C	0.0%
CARR	B	0.0%
UVE	D	0.0%
VCTR	C	0.0%
PLAY	F	0.0%
PTC	D	0.0%
FULT	D	0.0%
IEX	D	0.0%
TOST	C	0.0%
TRIP	F	0.0%
CTS	B	0.0%
SLAB	F	0.0%
DCI	D	0.0%
TKR	D	0.0%
POOL	D	0.0%
DORM	C	0.0%
ABCB	D	0.0%
FRT	B	0.0%
IMNM	D	0.0%
UBSI	D	0.0%
SFM	B	0.0%
NSC	D	0.0%
PNTG	B	0.0%
BBSI	B	0.0%
NX	F	0.0%
APP	C	0.0%
ONB	D	0.0%
ROG	C	0.0%
USPH	F	0.0%
GTES	D	0.0%
AVO	D	0.0%
EXR	B	0.0%
WTM	C	0.0%
FLS	D	0.0%

HKND Underweight 103 Positions Relative to BTEC

Symbol	Grade	Weight
ELAN	B	-1.93%
TMDX	B	-1.06%
PRCT	B	-0.78%
NVCR	C	-0.53%
RXST	B	-0.5%
PRTA	F	-0.26%
HUMA	C	-0.24%
CDNA	B	-0.2%
KNSA	C	-0.19%
AUPH	C	-0.19%
WVE	B	-0.18%
PLSE	C	-0.18%
HROW	B	-0.17%
ITOS	B	-0.16%
THRD	C	-0.16%
LRMR	C	-0.16%
SRDX	A	-0.16%
REPL	C	-0.15%
HRTX	B	-0.15%
PEPG	B	-0.15%
ADPT	D	-0.14%
TRDA	B	-0.14%
CDMO	F	-0.14%
EBS	C	-0.14%
VYGR	C	-0.13%
CYRX	F	-0.13%
KALV	B	-0.13%
ANNX	C	-0.12%
ZIMV	D	-0.12%
PACB	F	-0.12%
LXRX	C	-0.12%
PGEN	B	-0.12%
TERN	B	-0.12%
ANIK	B	-0.11%
EDIT	F	-0.11%
NKTX	F	-0.11%
URGN	B	-0.11%
TBPH	F	-0.11%
OM	D	-0.1%
XERS	C	-0.1%
VERV	F	-0.1%
AURA	D	-0.1%
ALLO	F	-0.1%
ERAS	C	-0.1%
AVXL	F	-0.09%
MGTX	F	-0.09%
AXGN	B	-0.09%
NVRO	F	-0.09%
CRMD	D	-0.09%
CERS	D	-0.09%
FATE	F	-0.09%
RVNC	F	-0.08%
LUNG	F	-0.08%
IGMS	F	-0.08%
PSTX	C	-0.08%
ENTA	D	-0.08%
INZY	C	-0.08%
ALDX	F	-0.08%
TNYA	F	-0.08%
OMER	B	-0.08%
ANGO	D	-0.08%
STRO	F	-0.07%
MRSN	F	-0.07%
INGN	C	-0.07%
CDXS	C	-0.07%
ATNM	D	-0.07%
RIGL	F	-0.06%
ARAY	F	-0.06%
XFOR	D	-0.06%
QSI	F	-0.06%
BLUE	F	-0.06%
FENC	F	-0.06%
VTYX	F	-0.06%
BFLY	D	-0.06%
CHRS	F	-0.06%
TSVT	F	-0.06%
RCEL	F	-0.06%
KOD	F	-0.05%
CRBU	F	-0.05%
PMVP	F	-0.05%
CUTR	F	-0.05%
SGMO	D	-0.05%
MCRB	F	-0.05%
ALLK	D	-0.05%
CVRX	F	-0.05%
SCPH	F	-0.05%
ATRA	F	-0.04%
AKYA	F	-0.04%
FGEN	F	-0.04%
ACET	F	-0.04%
PDSB	F	-0.04%
RAPT	F	-0.04%
ACRS	D	-0.04%
BMEA	F	-0.04%
KPTI	F	-0.04%
OMGA	F	-0.04%
BCAB	F	-0.03%
EYEN	F	-0.03%
MURA	F	-0.03%
MRNS	F	-0.02%
GRTS	F	-0.02%
GNLX	F	-0.02%
BTAI	F	-0.02%