HKND vs. FAD ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to First Trust MuFirst Trust Multi CG AlphaDEX (FAD)

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

$33.23

Average Daily Volume

3,819

Number of Holdings ^*

952

* may have additional holdings in another (foreign) market

FAD

First Trust MuFirst Trust Multi CG AlphaDEX

FAD 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 Growth 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) Growth 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

$133.60

Average Daily Volume

5,141

Number of Holdings ^*

641

* may have additional holdings in another (foreign) market

Performance

Period	HKND	FAD
30 Days	0.18%	3.08%
60 Days	3.38%	7.41%
90 Days	6.96%	9.24%
12 Months	23.88%	34.17%

281 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in FAD	Overlap
AAPL	B	2.16%	0.18%	0.18%
ACIW	A	0.01%	0.15%	0.01%
ADBE	F	0.05%	0.16%	0.05%
ADI	C	0.04%	0.16%	0.04%
ADMA	B	0.01%	0.21%	0.01%
ADP	B	0.07%	0.19%	0.07%
ADSK	B	0.01%	0.09%	0.01%
AEIS	D	0.0%	0.08%	0.0%
AGIO	D	0.01%	0.13%	0.01%
AGL	F	0.01%	0.04%	0.01%
AIT	B	0.01%	0.19%	0.01%
AIV	C	0.01%	0.05%	0.01%
AJG	D	0.04%	0.36%	0.04%
ALG	D	0.08%	0.02%	0.02%
ALGM	F	0.0%	0.03%	0.0%
ALNY	C	0.1%	0.19%	0.1%
AMAT	C	0.16%	0.27%	0.16%
AMD	C	0.07%	0.16%	0.07%
AME	C	0.01%	0.08%	0.01%
AMGN	D	1.04%	0.36%	0.36%
AMH	C	0.03%	0.09%	0.03%
AMRX	C	0.03%	0.13%	0.03%
AMZN	C	0.6%	0.33%	0.33%
ANET	B	0.02%	0.46%	0.02%
ANF	D	0.0%	0.16%	0.0%
ANIP	F	0.01%	0.07%	0.01%
AOS	B	0.01%	0.08%	0.01%
APG	F	0.01%	0.15%	0.01%
APH	C	0.04%	0.32%	0.04%
APO	B	0.03%	0.44%	0.03%
APP	B	0.01%	0.31%	0.01%
ARDX	D	0.01%	0.09%	0.01%
ARES	C	0.01%	0.28%	0.01%
ATR	B	0.02%	0.18%	0.02%
AVB	C	0.06%	0.19%	0.06%
AVGO	C	0.12%	0.36%	0.12%
AWR	C	0.04%	0.03%	0.03%
AXSM	C	0.02%	0.14%	0.02%
AXTA	C	0.01%	0.13%	0.01%
AZO	D	0.04%	0.25%	0.04%
AZZ	C	0.0%	0.12%	0.0%
BCO	A	0.02%	0.23%	0.02%
BCRX	D	0.01%	0.09%	0.01%
BEAM	F	0.01%	0.02%	0.01%
BK	B	0.11%	0.5%	0.11%
BKD	D	0.02%	0.12%	0.02%
BKNG	B	0.07%	0.43%	0.07%
BPMC	F	0.03%	0.14%	0.03%
BR	C	0.02%	0.26%	0.02%
BRC	A	0.01%	0.11%	0.01%
BRO	B	0.02%	0.38%	0.02%
BRX	B	0.01%	0.05%	0.01%
BSX	B	0.72%	0.36%	0.36%
CBT	B	0.0%	0.2%	0.0%
CBZ	F	0.0%	0.09%	0.0%
CDNS	D	0.01%	0.22%	0.01%
CFR	C	0.01%	0.14%	0.01%
CHD	C	0.35%	0.17%	0.17%
CHE	C	0.03%	0.04%	0.03%
CHH	C	0.0%	0.09%	0.0%
CL	C	1.33%	0.35%	0.35%
CLDX	F	0.01%	0.05%	0.01%
CLH	C	0.01%	0.23%	0.01%
CNM	F	0.01%	0.11%	0.01%
CNMD	D	0.06%	0.03%	0.03%
CNS	B	0.0%	0.05%	0.0%
COLL	C	0.01%	0.11%	0.01%
CORT	B	0.02%	0.13%	0.02%
COST	C	0.1%	0.45%	0.1%
CPRX	C	0.01%	0.09%	0.01%
CPT	C	0.03%	0.1%	0.03%
CRM	C	0.08%	0.17%	0.08%
CRNX	D	0.02%	0.05%	0.02%
CRVL	A	0.01%	0.15%	0.01%
CSL	A	0.03%	0.36%	0.03%
CTAS	B	0.04%	0.28%	0.04%
CTKB	F	0.0%	0.02%	0.0%
DCI	C	0.0%	0.12%	0.0%
DFH	D	0.01%	0.07%	0.01%
DLR	B	0.02%	0.26%	0.02%
DNLI	C	0.02%	0.03%	0.02%
DOC	B	0.01%	0.05%	0.01%
DVA	B	0.13%	0.24%	0.13%
EA	D	0.02%	0.17%	0.02%
ECL	A	0.9%	0.36%	0.36%
EEFT	F	0.01%	0.12%	0.01%
EME	B	0.02%	0.24%	0.02%
ENSG	D	0.03%	0.25%	0.03%
ENTG	D	0.02%	0.07%	0.02%
ERIE	B	0.01%	0.49%	0.01%
ESAB	C	0.01%	0.14%	0.01%
ESS	C	0.04%	0.19%	0.04%
EVH	D	0.01%	0.06%	0.01%
EW	F	0.28%	0.06%	0.06%
EXEL	C	0.04%	0.14%	0.04%
EXLS	B	0.01%	0.14%	0.01%
EXPE	C	0.04%	0.28%	0.04%
FCN	C	0.02%	0.17%	0.02%
FCNCA	D	0.01%	0.48%	0.01%
FELE	B	0.26%	0.04%	0.04%
FFIV	B	0.01%	0.1%	0.01%
FICO	B	0.01%	0.43%	0.01%
FIX	B	0.01%	0.26%	0.01%
FORM	F	0.0%	0.07%	0.0%
FOUR	C	0.01%	0.14%	0.01%
FRPT	C	0.01%	0.22%	0.01%
FSLR	C	0.18%	0.27%	0.18%
GDDY	C	0.01%	0.47%	0.01%
GERN	D	0.01%	0.12%	0.01%
GH	F	0.01%	0.06%	0.01%
GIC	D	0.0%	0.05%	0.0%
GKOS	C	0.02%	0.18%	0.02%
GOLF	F	0.0%	0.12%	0.0%
GOOGL	D	3.88%	0.37%	0.37%
GRBK	B	0.01%	0.1%	0.01%
GWW	B	0.05%	0.19%	0.05%
H	C	0.01%	0.2%	0.01%
HAE	D	0.06%	0.08%	0.06%
HALO	D	0.03%	0.23%	0.03%
HAS	A	0.01%	0.15%	0.01%
HD	A	0.39%	0.09%	0.09%
HLT	B	0.02%	0.43%	0.02%
HRB	C	0.01%	0.24%	0.01%
HRMY	B	0.01%	0.06%	0.01%
HST	D	0.02%	0.08%	0.02%
HUBB	B	0.01%	0.19%	0.01%
HURN	C	0.01%	0.11%	0.01%
HWKN	A	0.03%	0.16%	0.03%
IBKR	A	0.02%	0.23%	0.02%
IBM	B	0.26%	0.21%	0.21%
IBP	C	0.0%	0.15%	0.0%
ICFI	B	0.01%	0.11%	0.01%
INGR	A	0.49%	0.14%	0.14%
INSM	D	0.02%	0.22%	0.02%
INTU	D	0.03%	0.24%	0.03%
INVH	D	0.05%	0.17%	0.05%
IONS	F	0.03%	0.11%	0.03%
IOSP	F	0.01%	0.06%	0.01%
IR	B	0.01%	0.36%	0.01%
IRM	B	0.01%	0.55%	0.01%
IRT	C	0.01%	0.14%	0.01%
IRTC	F	0.01%	0.05%	0.01%
ISRG	B	0.31%	0.37%	0.31%
IT	C	0.03%	0.19%	0.03%
ITCI	D	0.03%	0.09%	0.03%
ITGR	B	0.08%	0.23%	0.08%
ITRI	C	0.0%	0.13%	0.0%
ITT	B	0.0%	0.19%	0.0%
JJSF	B	0.02%	0.07%	0.02%
JKHY	A	0.01%	0.04%	0.01%
JPM	D	0.67%	0.43%	0.43%
KD	F	0.07%	0.18%	0.07%
KLAC	D	0.05%	0.31%	0.05%
KNF	C	0.01%	0.21%	0.01%
KO	B	0.01%	0.19%	0.01%
KRYS	D	0.02%	0.12%	0.02%
KYMR	C	0.01%	0.12%	0.01%
LAMR	B	0.01%	0.14%	0.01%
LLY	D	1.93%	0.42%	0.42%
LMAT	A	0.01%	0.11%	0.01%
LNTH	C	0.03%	0.23%	0.03%
LPLA	D	0.04%	0.33%	0.04%
LRCX	D	0.1%	0.24%	0.1%
LYV	A	0.03%	0.27%	0.03%
MA	B	0.11%	0.09%	0.09%
MAR	C	0.06%	0.33%	0.06%
MAS	A	0.02%	0.1%	0.02%
MCO	C	0.02%	0.28%	0.02%
MEDP	F	0.04%	0.18%	0.04%
MIRM	D	0.01%	0.13%	0.01%
MMC	D	0.12%	0.26%	0.12%
MMM	B	0.06%	0.44%	0.06%
MMSI	C	0.07%	0.14%	0.07%
MORN	C	0.01%	0.13%	0.01%
MPWR	B	0.01%	0.26%	0.01%
MRVL	D	0.01%	0.08%	0.01%
MSFT	C	2.37%	0.24%	0.24%
MSGS	B	0.0%	0.09%	0.0%
MSI	A	0.02%	0.39%	0.02%
MTD	B	0.09%	0.17%	0.09%
MYGN	D	0.01%	0.1%	0.01%
NARI	F	0.01%	0.02%	0.01%
NBIX	F	0.06%	0.07%	0.06%
NEO	F	0.03%	0.03%	0.03%
NFLX	B	0.08%	0.35%	0.08%
NOW	C	0.02%	0.29%	0.02%
NTAP	D	0.03%	0.4%	0.03%
NTRA	B	0.01%	0.23%	0.01%
NTRS	C	0.04%	0.36%	0.04%
NVDA	C	0.09%	0.39%	0.09%
NVR	A	0.05%	0.21%	0.05%
NYT	B	0.01%	0.18%	0.01%
ONTO	C	0.01%	0.15%	0.01%
OPCH	D	0.04%	0.05%	0.04%
ORCL	B	0.2%	0.39%	0.2%
ORLY	B	0.04%	0.26%	0.04%
OSCR	D	0.0%	0.17%	0.0%
OTIS	B	0.02%	0.24%	0.02%
PANW	C	0.01%	0.34%	0.01%
PAYX	B	0.02%	0.09%	0.02%
PEP	D	0.39%	0.08%	0.08%
PG	C	4.0%	0.18%	0.18%
PGNY	F	0.0%	0.02%	0.0%
PH	B	0.04%	0.3%	0.04%
PHM	B	0.08%	0.32%	0.08%
PJT	C	0.01%	0.15%	0.01%
PLAB	D	0.0%	0.02%	0.0%
PLAY	D	0.0%	0.02%	0.0%
PODD	C	0.08%	0.2%	0.08%
POST	B	0.08%	0.23%	0.08%
PRVA	F	0.01%	0.05%	0.01%
PSTG	F	0.01%	0.32%	0.01%
PTC	C	0.0%	0.08%	0.0%
PTCT	C	0.02%	0.11%	0.02%
PTGX	C	0.01%	0.16%	0.01%
PWR	B	0.02%	0.48%	0.02%
RDNT	B	0.08%	0.14%	0.08%
REG	C	0.01%	0.05%	0.01%
RKT	C	0.03%	0.03%	0.03%
RLI	A	0.01%	0.13%	0.01%
RMD	C	0.2%	0.1%	0.1%
ROK	D	0.02%	0.08%	0.02%
ROP	C	0.01%	0.16%	0.01%
ROST	C	0.02%	0.34%	0.02%
RSG	D	0.03%	0.35%	0.03%
RUN	D	0.13%	0.04%	0.04%
RVMD	C	0.03%	0.14%	0.03%
RYAN	C	0.01%	0.18%	0.01%
RYTM	C	0.01%	0.09%	0.01%
SATS	D	0.01%	0.17%	0.01%
SFM	A	0.01%	0.27%	0.01%
SHW	B	0.05%	0.1%	0.05%
SMCI	F	0.02%	0.14%	0.02%
SMG	B	0.06%	0.06%	0.06%
SMMT	D	0.03%	0.27%	0.03%
SMPL	D	0.02%	0.08%	0.02%
SNPS	F	0.02%	0.21%	0.02%
SPG	B	0.03%	0.09%	0.03%
SPGI	C	0.03%	0.09%	0.03%
SRPT	F	0.06%	0.16%	0.06%
SYK	C	1.12%	0.18%	0.18%
TDS	C	0.03%	0.13%	0.03%
TECH	C	0.07%	0.04%	0.04%
TGTX	D	0.01%	0.03%	0.01%
TJX	C	0.06%	0.44%	0.06%
TKO	B	0.0%	0.19%	0.0%
TMUS	B	0.38%	0.28%	0.28%
TNC	F	0.01%	0.07%	0.01%
TNDM	D	0.03%	0.11%	0.03%
TNET	F	0.02%	0.08%	0.02%
TNL	C	0.01%	0.09%	0.01%
TOL	B	0.05%	0.22%	0.05%
TOST	C	0.01%	0.22%	0.01%
TPG	C	0.02%	0.1%	0.02%
TRIP	F	0.0%	0.04%	0.0%
TRU	B	0.01%	0.11%	0.01%
TTD	B	0.0%	0.18%	0.0%
TTEK	B	0.02%	0.23%	0.02%
TTWO	D	0.01%	0.08%	0.01%
TW	B	0.0%	0.19%	0.0%
TWST	D	0.01%	0.11%	0.01%
TXN	B	0.1%	0.08%	0.08%
TYL	B	0.01%	0.28%	0.01%
UDR	C	0.03%	0.09%	0.03%
UFPT	D	0.01%	0.12%	0.01%
URI	B	0.01%	0.41%	0.01%
V	C	0.15%	0.09%	0.09%
VCEL	F	0.01%	0.05%	0.01%
VCYT	C	0.0%	0.04%	0.0%
VNT	F	0.01%	0.07%	0.01%
VRSK	D	0.01%	0.16%	0.01%
VRT	C	0.01%	0.46%	0.01%
VRTX	D	0.57%	0.33%	0.33%
WELL	B	0.02%	0.2%	0.02%
WM	D	0.05%	0.24%	0.05%
WMG	D	0.04%	0.08%	0.04%
WMS	D	0.02%	0.08%	0.02%
WSO	C	0.02%	0.26%	0.02%
WTS	C	0.03%	0.05%	0.03%
XYL	C	0.01%	0.24%	0.01%
ZWS	A	0.17%	0.1%	0.1%

HKND Overweight 671 Positions Relative to FAD

Symbol	Grade	Weight
JNJ	C	2.07%
DE	A	2.05%
ABBV	B	1.9%
MRK	F	1.74%
INTC	D	1.7%
MOS	F	1.66%
PFE	D	1.58%
ADM	D	1.55%
CTVA	A	1.44%
BDX	C	1.14%
WMT	B	1.08%
ABT	C	1.06%
CI	D	1.06%
GEHC	A	0.99%
HCA	A	0.98%
DELL	D	0.98%
CF	B	0.97%
VZ	B	0.94%
UNH	B	0.94%
BMY	C	0.91%
BG	F	0.9%
T	B	0.87%
BAX	D	0.86%
TMO	B	0.86%
FMC	B	0.78%
GILD	B	0.77%
HPQ	C	0.76%
AGCO	D	0.7%
CMCSA	C	0.68%
DGX	B	0.6%
DHR	B	0.58%
REGN	D	0.54%
FDP	B	0.5%
SJM	C	0.5%
BAC	C	0.5%
IQV	D	0.49%
CVS	D	0.48%
ZBH	F	0.44%
MCK	F	0.42%
KVUE	B	0.42%
WFC	D	0.41%
C	C	0.4%
ELV	D	0.4%
AWK	C	0.37%
CAG	B	0.36%
MS	B	0.35%
VLTO	B	0.34%
GS	B	0.33%
CNC	D	0.33%
DD	B	0.33%
MDLZ	C	0.32%
J	D	0.31%
THC	B	0.31%
GIS	C	0.3%
CAH	C	0.3%
BIIB	F	0.29%
SPB	B	0.29%
BBY	A	0.28%
K	A	0.26%
HOLX	B	0.26%
MRNA	F	0.25%
HUM	F	0.25%
CLX	C	0.24%
LOW	A	0.24%
VTRS	D	0.23%
KR	A	0.22%
AIG	D	0.22%
DIS	D	0.21%
UHS	C	0.21%
DOW	C	0.21%
MET	A	0.21%
HPE	C	0.21%
AXP	A	0.21%
PGR	C	0.21%
ALL	C	0.21%
WBA	F	0.21%
TFX	C	0.18%
TSLA	B	0.18%
COF	B	0.17%
CHTR	D	0.17%
CSCO	A	0.17%
PRU	C	0.17%
DHI	C	0.16%
TRV	C	0.16%
SOLV	D	0.16%
ENOV	F	0.15%
AVTR	C	0.15%
QCOM	D	0.15%
A	C	0.15%
HSIC	C	0.14%
JBL	D	0.14%
CTLT	B	0.14%
LEN	B	0.14%
MU	D	0.13%
TGT	C	0.13%
ENPH	D	0.13%
AIZ	B	0.12%
USB	B	0.12%
DXCM	F	0.12%
LUMN	C	0.12%
ICUI	B	0.11%
RPRX	C	0.11%
BLK	A	0.11%
TITN	F	0.11%
AHCO	C	0.11%
CBRE	A	0.11%
TFC	D	0.1%
KMB	C	0.1%
MAN	C	0.1%
FTRE	F	0.1%
GLW	B	0.1%
SEM	D	0.1%
PNC	B	0.1%
OGN	D	0.1%
HIG	A	0.1%
WDC	C	0.1%
MASI	C	0.09%
BIO	C	0.09%
PYPL	B	0.09%
STT	B	0.09%
CRL	F	0.09%
ILMN	D	0.09%
INCY	C	0.09%
FLO	C	0.09%
CPB	D	0.08%
CDW	D	0.08%
LXU	D	0.08%
CTSH	B	0.08%
ACM	B	0.08%
UTHR	B	0.08%
WTRG	D	0.08%
AFL	A	0.08%
WAT	B	0.07%
DFS	C	0.07%
SYY	C	0.07%
EQR	C	0.07%
SCHW	D	0.07%
SYF	C	0.07%
EMBC	D	0.07%
UAN	F	0.07%
WBD	D	0.07%
DXC	D	0.07%
MOH	D	0.07%
FNF	A	0.07%
EHC	B	0.07%
BMRN	F	0.07%
CWT	B	0.07%
AMP	A	0.07%
IART	F	0.07%
EBAY	A	0.06%
GMED	D	0.06%
VTR	B	0.06%
BERY	C	0.06%
WLK	C	0.06%
FOX	A	0.06%
PFG	B	0.06%
CRBG	C	0.06%
SNX	C	0.06%
RGA	C	0.06%
HSY	D	0.06%
BRKR	D	0.06%
IFF	B	0.06%
WST	D	0.06%
ACI	F	0.06%
LNC	C	0.05%
FAF	B	0.05%
JLL	B	0.05%
MAA	C	0.05%
PCVX	C	0.05%
GPC	D	0.05%
OPK	D	0.05%
MKC	C	0.05%
ROKU	D	0.05%
AVNS	C	0.05%
GXO	C	0.05%
SUI	C	0.05%
SJW	D	0.05%
OMC	A	0.05%
EQH	C	0.05%
AYI	A	0.05%
MKL	C	0.05%
CMI	B	0.05%
RJF	C	0.05%
OMI	D	0.05%
L	D	0.05%
SQ	D	0.05%
KEY	B	0.04%
LKQ	F	0.04%
UNM	A	0.04%
KDP	B	0.04%
SGRY	D	0.04%
AMT	C	0.04%
ORI	B	0.04%
CNXN	B	0.04%
PPG	D	0.04%
CR	B	0.04%
SCSC	D	0.04%
TMHC	B	0.04%
EL	D	0.04%
JEF	C	0.04%
TROW	D	0.04%
CINF	B	0.04%
VKTX	D	0.04%
LBRDA	C	0.04%
WRB	C	0.04%
EXAS	D	0.04%
NOVT	D	0.04%
TTC	F	0.04%
ALLY	F	0.04%
PEN	D	0.04%
UNFI	B	0.04%
FITB	B	0.04%
SWK	A	0.04%
FYBR	C	0.04%
HUN	C	0.04%
KLG	D	0.04%
WHR	C	0.04%
SF	A	0.03%
WU	D	0.03%
GNW	B	0.03%
FAST	C	0.03%
REZI	D	0.03%
OPEN	F	0.03%
MCHP	D	0.03%
PLD	C	0.03%
XRX	D	0.03%
OFIX	D	0.03%
NUVL	C	0.03%
CHWY	D	0.03%
MTH	C	0.03%
FLGT	F	0.03%
ARW	B	0.03%
NSP	F	0.03%
KBH	C	0.03%
CG	D	0.03%
NWS	D	0.03%
CYTK	F	0.03%
HBAN	B	0.03%
ITW	B	0.03%
ENR	D	0.03%
MIDD	D	0.03%
RS	D	0.03%
VOYA	A	0.03%
ON	D	0.03%
DAR	F	0.03%
TWI	D	0.03%
MD	C	0.03%
ELS	C	0.03%
SANM	D	0.03%
SNEX	C	0.03%
GME	D	0.03%
ICE	B	0.03%
UPS	D	0.03%
GPN	D	0.03%
RHI	D	0.03%
ZBRA	B	0.03%
RF	A	0.03%
MTB	B	0.03%
IVZ	B	0.03%
IRDM	C	0.03%
EMR	C	0.03%
AFG	C	0.03%
IPG	C	0.03%
BEN	F	0.03%
CFG	D	0.03%
LNN	C	0.03%
FIS	C	0.03%
SRCL	B	0.02%
WCC	D	0.02%
AMPH	C	0.02%
FOLD	F	0.02%
BBWI	F	0.02%
STC	B	0.02%
SEE	C	0.02%
GL	D	0.02%
BXP	B	0.02%
ULTA	D	0.02%
PLXS	B	0.02%
NATL	D	0.02%
R	C	0.02%
EFX	C	0.02%
MDGL	F	0.02%
AVT	B	0.02%
ADTN	C	0.02%
BHF	D	0.02%
UTZ	D	0.02%
CMA	B	0.02%
NWL	C	0.02%
MCY	C	0.02%
COOP	C	0.02%
CENTA	F	0.02%
ALGN	D	0.02%
AAP	F	0.02%
AMRK	C	0.02%
XRAY	D	0.02%
ALIT	D	0.02%
ACAD	F	0.02%
HAIN	C	0.02%
DOX	C	0.02%
TXG	D	0.02%
APLS	F	0.02%
RARE	C	0.02%
NDAQ	C	0.02%
ATRC	D	0.02%
TSCO	A	0.02%
OMF	D	0.02%
DKS	D	0.02%
GAP	F	0.02%
LECO	D	0.02%
MHO	B	0.02%
ADV	F	0.02%
CCS	C	0.02%
APD	B	0.02%
TPH	C	0.02%
SWKS	F	0.02%
COMP	C	0.02%
IDXX	D	0.02%
PFSI	C	0.02%
CCI	B	0.02%
LILAK	D	0.02%
GFS	F	0.02%
SSNC	C	0.02%
KMPR	D	0.02%
THS	C	0.02%
AZTA	F	0.02%
ZG	C	0.02%
ABM	D	0.02%
BLDR	C	0.02%
BBIO	F	0.02%
AMKR	F	0.02%
EQIX	B	0.02%
KELYA	D	0.02%
USM	C	0.02%
JXN	B	0.02%
THG	B	0.02%
AMED	D	0.02%
CME	A	0.02%
UNP	C	0.02%
MMS	A	0.02%
EOLS	C	0.01%
DORM	C	0.01%
ONB	D	0.01%
UBSI	C	0.01%
POOL	C	0.01%
ABCB	C	0.01%
ELVN	C	0.01%
PNTG	C	0.01%
YORW	D	0.01%
SRRK	F	0.01%
USPH	F	0.01%
RGNX	F	0.01%
IEX	C	0.01%
EXR	B	0.01%
COTY	F	0.01%
GTES	C	0.01%
CARR	B	0.01%
NX	F	0.01%
KE	F	0.01%
MAT	D	0.01%
KIDS	F	0.01%
SAGE	F	0.01%
PRLB	F	0.01%
WH	C	0.01%
CRUS	D	0.01%
SLAB	D	0.01%
VZIO	B	0.01%
GMS	C	0.01%
URBN	F	0.01%
FLS	B	0.01%
BKU	D	0.01%
WTM	F	0.01%
FIVE	D	0.01%
LFST	C	0.01%
DLB	D	0.01%
CVCO	C	0.01%
CMC	D	0.01%
APAM	C	0.01%
CGEM	F	0.01%
PB	C	0.01%
UI	B	0.01%
SSB	C	0.01%
GSAT	D	0.01%
CADE	C	0.01%
WGO	D	0.01%
DBX	C	0.01%
SCHL	D	0.01%
MC	C	0.01%
BXC	D	0.01%
ANSS	D	0.01%
SNA	B	0.01%
AEO	D	0.01%
OZK	D	0.01%
MDXG	F	0.01%
ASB	D	0.01%
HWC	D	0.01%
TCBI	C	0.01%
DAWN	D	0.01%
VRDN	C	0.01%
DIOD	F	0.01%
HMN	C	0.01%
VSAT	F	0.01%
DAY	C	0.01%
MTN	D	0.01%
PLUS	C	0.01%
FNB	D	0.01%
CCRN	F	0.01%
CBSH	D	0.01%
AVO	C	0.01%
UMBF	C	0.01%
VEEV	D	0.01%
DYN	D	0.01%
TRUP	D	0.01%
HGV	F	0.01%
KFRC	F	0.01%
WD	B	0.01%
IMVT	F	0.01%
LFUS	B	0.01%
SSYS	D	0.01%
KURA	D	0.01%
ACT	C	0.01%
SYNA	D	0.01%
AKRO	C	0.01%
FNA	F	0.01%
IPGP	D	0.01%
PIPR	C	0.01%
FDS	C	0.01%
PII	D	0.01%
TVTX	C	0.01%
WPC	B	0.01%
PNFP	B	0.01%
SKY	B	0.01%
LCII	C	0.01%
PAYC	D	0.01%
MNKD	C	0.01%
UCTT	D	0.01%
PRG	C	0.01%
FG	C	0.01%
WBS	C	0.01%
ACHC	D	0.01%
MTG	B	0.01%
HTH	C	0.01%
TDC	D	0.01%
SANA	F	0.01%
CABO	F	0.01%
IDT	C	0.01%
RDN	D	0.01%
CSX	D	0.01%
VRSN	C	0.01%
ASIX	B	0.01%
LANC	F	0.01%
VLY	C	0.01%
MTCH	C	0.01%
CACC	F	0.01%
AXNX	A	0.01%
TARS	C	0.01%
SNDX	F	0.01%
RCM	C	0.01%
TDOC	D	0.01%
FHI	B	0.01%
KWR	D	0.01%
BECN	F	0.01%
HLI	C	0.01%
ENS	C	0.01%
NGVT	D	0.01%
SBAC	C	0.01%
PINC	F	0.01%
MSCI	C	0.01%
SBH	B	0.01%
MSM	D	0.01%
COIN	F	0.01%
UNF	A	0.01%
WTFC	C	0.01%
TTMI	D	0.01%
SITE	D	0.01%
SXT	B	0.01%
INVA	C	0.01%
CC	D	0.01%
RCKT	F	0.01%
IAC	C	0.01%
RXRX	F	0.01%
BGC	D	0.01%
CRSR	D	0.01%
TGNA	C	0.01%
NTLA	F	0.01%
FND	C	0.01%
RNA	C	0.01%
ADUS	B	0.01%
KIM	C	0.01%
UHAL	B	0.01%
TEX	F	0.01%
QRVO	F	0.01%
JBSS	F	0.01%
FL	F	0.01%
BOKF	C	0.01%
CSTL	D	0.01%
ALB	D	0.01%
EXPI	D	0.01%
KFY	B	0.01%
LGND	D	0.01%
ARE	C	0.01%
KEX	C	0.01%
IRWD	F	0.01%
DVAX	D	0.01%
NMRK	B	0.01%
WAL	B	0.01%
O	A	0.01%
GNRC	D	0.01%
BCC	C	0.01%
ASTH	B	0.01%
PBH	C	0.01%
ARVN	F	0.01%
NHC	D	0.01%
EWBC	C	0.01%
BURL	C	0.01%
CGON	C	0.01%
SEIC	C	0.01%
SNV	C	0.01%
VNO	B	0.01%
XNCR	D	0.01%
UFPI	C	0.01%
STGW	C	0.01%
FTV	C	0.01%
UWMC	D	0.01%
IDYA	F	0.01%
KEYS	B	0.01%
TRMB	C	0.01%
CNO	B	0.01%
HHH	C	0.01%
ESI	C	0.01%
LGF.A	F	0.01%
RRX	C	0.01%
NVST	D	0.01%
SPTN	C	0.01%
KROS	C	0.01%
CSGP	F	0.01%
ASH	F	0.01%
ATEC	F	0.01%
VAC	F	0.01%
CIEN	B	0.01%
VERA	C	0.01%
BZH	B	0.01%
GT	F	0.01%
VIR	F	0.01%
FDX	D	0.01%
BHE	C	0.01%
RGEN	F	0.01%
EMN	B	0.01%
PDCO	F	0.01%
NVAX	F	0.01%
EWTX	C	0.01%
ASGN	D	0.01%
BC	C	0.01%
SUPN	D	0.01%
AMG	C	0.01%
COHR	C	0.01%
NXST	D	0.01%
SWTX	F	0.01%
BGS	D	0.01%
DOV	B	0.01%
VSH	F	0.01%
HOV	D	0.01%
CNDT	C	0.01%
ABNB	D	0.01%
THO	C	0.01%
AMN	F	0.01%
INSP	C	0.01%
NSIT	C	0.01%
ARWR	F	0.01%
JNPR	B	0.01%
ACLX	C	0.01%
JANX	D	0.01%
EPAM	F	0.01%
FHN	D	0.01%
FTNT	A	0.01%
WDAY	D	0.01%
CE	D	0.01%
CNXC	F	0.01%
PCRX	F	0.01%
LGIH	C	0.01%
AKAM	D	0.01%
SCI	C	0.01%
EDR	A	0.01%
ZION	D	0.01%
MRVI	D	0.01%
TER	C	0.01%
EVR	C	0.01%
SIGI	D	0.01%
MSEX	C	0.01%
IOVA	F	0.01%
PSA	A	0.01%
SCLX	F	0.0%
VIRT	C	0.0%
OABI	F	0.0%
ABUS	D	0.0%
PRME	F	0.0%
BLFS	C	0.0%
CELC	F	0.0%
QTRX	F	0.0%
STOK	D	0.0%
ALT	F	0.0%
ABSI	F	0.0%
NUVB	F	0.0%
OLMA	F	0.0%
SIGA	F	0.0%
ORIC	D	0.0%
MNMD	F	0.0%
SVRA	D	0.0%
LQDA	F	0.0%
ALEC	F	0.0%
EYPT	F	0.0%
YMAB	D	0.0%
ANAB	D	0.0%
WSFS	D	0.0%
WAFD	D	0.0%
APLT	C	0.0%
LYEL	F	0.0%
IRON	C	0.0%
ETNB	F	0.0%
COLB	B	0.0%
PHAT	C	0.0%
CRAI	C	0.0%
LBPH	D	0.0%
UCBI	B	0.0%
PLRX	F	0.0%
MLI	A	0.0%
DFIN	D	0.0%
NDSN	C	0.0%
FHB	D	0.0%
STEP	B	0.0%
BSY	C	0.0%
MMI	C	0.0%
ZEUS	F	0.0%
NVEE	F	0.0%
HSII	C	0.0%
MLYS	C	0.0%
COGT	D	0.0%
SAFT	D	0.0%
CATY	C	0.0%
GGG	C	0.0%
GBCI	C	0.0%
NRIX	D	0.0%
PCTY	C	0.0%
CNA	D	0.0%
HOMB	C	0.0%
REYN	C	0.0%
ARQT	D	0.0%
SPRY	C	0.0%
ARCT	D	0.0%
RLAY	F	0.0%
SAVA	C	0.0%
IMNM	D	0.0%
SONO	D	0.0%
OCUL	D	0.0%
CTS	D	0.0%
FULT	D	0.0%
MODG	F	0.0%
RCUS	F	0.0%
HZO	D	0.0%
FDMT	F	0.0%
TMCI	F	0.0%
VCTR	B	0.0%
SFNC	C	0.0%
FRT	B	0.0%
BBSI	A	0.0%
UFCS	D	0.0%
NSC	C	0.0%
TYRA	C	0.0%
SIBN	F	0.0%
UVE	C	0.0%
ROG	D	0.0%
TKR	C	0.0%

HKND Underweight 360 Positions Relative to FAD

Symbol	Grade	Weight
VST	B	-0.54%
HWM	A	-0.53%
CEG	C	-0.53%
KKR	C	-0.52%
HEI	C	-0.5%
TT	A	-0.49%
GE	B	-0.49%
LII	C	-0.48%
WAB	B	-0.47%
RCL	B	-0.46%
META	B	-0.46%
GRMN	D	-0.45%
STX	B	-0.43%
BAH	A	-0.43%
DECK	C	-0.4%
CMG	D	-0.39%
TDG	A	-0.37%
CAT	B	-0.37%
NTNX	D	-0.36%
PLTR	B	-0.36%
ETN	B	-0.35%
CCL	C	-0.34%
UBER	C	-0.34%
DAL	C	-0.33%
CRWD	D	-0.32%
PM	C	-0.29%
MANH	B	-0.28%
CVNA	B	-0.28%
DPZ	D	-0.27%
MOD	C	-0.26%
WMB	B	-0.26%
ALSN	B	-0.25%
MOG.A	B	-0.25%
COKE	C	-0.25%
ROL	B	-0.25%
CW	B	-0.25%
PSN	A	-0.25%
ATI	B	-0.24%
PINS	D	-0.23%
AVAV	C	-0.23%
PCAR	D	-0.23%
RIVN	F	-0.22%
SFBS	C	-0.22%
MUSA	D	-0.22%
DDOG	D	-0.22%
LNW	F	-0.22%
AXON	A	-0.22%
GWRE	A	-0.21%
BFAM	B	-0.21%
WING	C	-0.21%
NXPI	F	-0.21%
TXRH	B	-0.21%
CVLT	B	-0.21%
OLLI	C	-0.21%
TPL	C	-0.21%
ZETA	C	-0.2%
PPL	A	-0.2%
WWD	C	-0.2%
MGM	D	-0.2%
AAON	B	-0.2%
CASY	D	-0.2%
HOOD	C	-0.2%
MO	C	-0.19%
PEGA	B	-0.19%
AWI	B	-0.19%
KTB	B	-0.19%
BMI	B	-0.19%
SO	A	-0.19%
ARMK	A	-0.18%
WSM	C	-0.18%
POWL	B	-0.18%
FSS	D	-0.18%
STE	B	-0.18%
BWXT	B	-0.18%
PRI	B	-0.18%
ALHC	C	-0.17%
MLM	D	-0.17%
AM	B	-0.17%
LOPE	D	-0.17%
CRS	C	-0.17%
DKNG	D	-0.17%
RL	B	-0.17%
XPO	F	-0.17%
PRCT	C	-0.16%
QTWO	B	-0.16%
PI	B	-0.16%
MTSI	C	-0.16%
APPF	C	-0.16%
HON	C	-0.16%
IESC	B	-0.16%
DUOL	C	-0.16%
WFRD	F	-0.16%
CHDN	D	-0.16%
HLNE	B	-0.16%
HCC	D	-0.15%
SMAR	A	-0.15%
SMTC	C	-0.15%
OHI	B	-0.15%
STRL	C	-0.15%
SNAP	D	-0.15%
HQY	C	-0.15%
CNK	C	-0.15%
ZS	F	-0.15%
GVA	B	-0.15%
ROAD	C	-0.15%
EPRT	A	-0.15%
USLM	A	-0.15%
OKTA	F	-0.14%
STWD	B	-0.14%
SPNT	D	-0.14%
PLNT	C	-0.14%
ACA	B	-0.14%
NCLH	C	-0.14%
MKSI	F	-0.14%
DY	B	-0.14%
KAI	C	-0.14%
SGBX	F	-0.14%
WHD	C	-0.14%
LRN	B	-0.14%
VRNS	B	-0.14%
TMDX	C	-0.13%
VRRM	D	-0.13%
OSW	C	-0.13%
GATX	D	-0.13%
CSWI	B	-0.13%
ALKT	D	-0.13%
OWL	B	-0.13%
BRBR	B	-0.13%
TDW	F	-0.13%
FTDR	C	-0.13%
TBBK	B	-0.13%
TRN	C	-0.13%
ATGE	C	-0.13%
ALTR	C	-0.12%
ACLS	F	-0.12%
NHI	B	-0.12%
SKYW	B	-0.12%
MSA	D	-0.12%
SLG	C	-0.12%
IOT	C	-0.12%
AFRM	D	-0.12%
AROC	D	-0.12%
CWST	D	-0.12%
OLED	C	-0.12%
MBIN	D	-0.11%
LAUR	C	-0.11%
SKWD	B	-0.11%
PR	F	-0.11%
EXP	B	-0.11%
ELF	F	-0.11%
GNTX	F	-0.11%
WYNN	C	-0.11%
ESTC	F	-0.11%
KTOS	B	-0.11%
PLMR	C	-0.11%
CEIX	C	-0.11%
IDCC	B	-0.11%
ALKS	C	-0.1%
EXPO	A	-0.1%
HRI	C	-0.1%
AON	C	-0.1%
PFGC	B	-0.1%
HIMS	C	-0.1%
SPR	D	-0.1%
GBX	C	-0.1%
PMT	C	-0.1%
AGYS	D	-0.1%
SOFI	D	-0.1%
KNSL	D	-0.1%
ADC	B	-0.1%
VERX	C	-0.1%
RXST	D	-0.1%
HLX	D	-0.1%
JWN	C	-0.1%
EPAC	B	-0.1%
GFF	C	-0.1%
DASH	B	-0.1%
WRBY	C	-0.09%
ORA	B	-0.09%
BLD	C	-0.09%
SBRA	C	-0.09%
IIPR	B	-0.09%
FLNC	C	-0.09%
DSGR	B	-0.09%
LIN	B	-0.09%
CRDO	C	-0.09%
SYBT	C	-0.09%
AKR	A	-0.09%
MSTR	C	-0.09%
AZEK	C	-0.09%
CAL	F	-0.09%
GPK	C	-0.09%
BLKB	C	-0.09%
CMPR	F	-0.09%
DRI	C	-0.09%
TGLS	B	-0.09%
RPM	C	-0.09%
MAC	A	-0.09%
BCPC	C	-0.09%
BOWL	D	-0.09%
S	D	-0.09%
CPAY	B	-0.09%
SCS	D	-0.09%
NSSC	F	-0.08%
LKFN	D	-0.08%
MRUS	D	-0.08%
LVS	C	-0.08%
CPRT	D	-0.08%
CDRE	C	-0.08%
LPG	F	-0.08%
CHCO	C	-0.08%
ACVA	C	-0.08%
BROS	D	-0.08%
CARG	B	-0.08%
KNTK	C	-0.08%
STZ	C	-0.08%
UE	B	-0.08%
INSW	C	-0.08%
AESI	D	-0.08%
GIII	D	-0.08%
VMC	C	-0.08%
HASI	C	-0.08%
ESRT	C	-0.08%
SHAK	C	-0.08%
PAR	D	-0.08%
YOU	B	-0.08%
NSA	C	-0.08%
NET	D	-0.08%
CARS	F	-0.08%
BANF	C	-0.08%
MARA	F	-0.07%
GBDC	C	-0.07%
VGR	B	-0.07%
THR	F	-0.07%
INFA	D	-0.07%
MGNI	D	-0.07%
BA	F	-0.07%
GPOR	C	-0.07%
ENV	C	-0.07%
MIR	C	-0.07%
DOCS	B	-0.07%
AGM	D	-0.07%
PK	D	-0.07%
WABC	D	-0.07%
HUBS	D	-0.07%
PRGS	A	-0.07%
SLB	F	-0.07%
FIZZ	D	-0.07%
SAM	D	-0.07%
OSIS	C	-0.07%
LYFT	D	-0.07%
OTTR	F	-0.07%
SWI	B	-0.07%
RKLB	C	-0.07%
ALX	C	-0.07%
JBI	F	-0.06%
SKT	A	-0.06%
IVT	C	-0.06%
ESE	B	-0.06%
SHC	C	-0.06%
PDFS	D	-0.06%
FA	B	-0.06%
SABR	C	-0.06%
CTRE	B	-0.06%
NABL	D	-0.06%
OUT	B	-0.06%
TGI	F	-0.06%
SITM	C	-0.06%
AMR	F	-0.06%
LW	D	-0.06%
VECO	F	-0.06%
AES	C	-0.05%
DOCU	C	-0.05%
RHP	C	-0.05%
RBC	B	-0.05%
EGP	C	-0.05%
RRR	D	-0.05%
NNN	B	-0.05%
SSD	C	-0.05%
TPX	C	-0.05%
RGLD	C	-0.05%
CELH	F	-0.05%
WDFC	C	-0.05%
PEB	D	-0.05%
EPR	B	-0.05%
WEX	C	-0.05%
SHO	D	-0.05%
TR	C	-0.05%
KRG	B	-0.05%
CUBE	B	-0.05%
FOR	D	-0.05%
ALLE	A	-0.05%
LTC	C	-0.05%
BOX	C	-0.05%
LADR	D	-0.05%
DRH	D	-0.05%
HEES	D	-0.05%
MLNK	D	-0.05%
ENVX	F	-0.05%
SXI	C	-0.05%
JOE	D	-0.05%
EXTR	D	-0.05%
CCOI	C	-0.05%
CFLT	F	-0.05%
PCOR	D	-0.04%
XMTR	D	-0.04%
PDFS	D	-0.04%
TENB	F	-0.04%
SAIA	D	-0.04%
NCNO	D	-0.04%
RAMP	F	-0.04%
HXL	F	-0.04%
ZUO	F	-0.04%
FWRG	F	-0.04%
ALRM	F	-0.04%
BE	F	-0.04%
YETI	C	-0.04%
IPAR	D	-0.04%
WEN	D	-0.04%
NOVA	D	-0.04%
YELP	D	-0.04%
WSC	D	-0.04%
NEU	D	-0.04%
AMC	F	-0.04%
ETWO	C	-0.04%
RNG	F	-0.03%
PHR	F	-0.03%
KW	C	-0.03%
JAMF	D	-0.03%
IAS	F	-0.03%
BANC	C	-0.03%
DRVN	D	-0.03%
CLSK	F	-0.03%
DOCN	C	-0.03%
AMWD	C	-0.03%
FCPT	C	-0.03%
MGEE	B	-0.03%
UMH	C	-0.03%
INTA	C	-0.03%
CWAN	C	-0.03%
CIVI	F	-0.03%
MYRG	F	-0.03%
BASE	F	-0.02%
CXM	F	-0.02%
AI	F	-0.02%
VC	F	-0.02%
WNC	F	-0.02%
MCW	F	-0.02%
GTX	F	-0.02%
UPWK	D	-0.02%
MTRN	D	-0.02%
EVTC	D	-0.02%
NTST	D	-0.02%
UEC	D	-0.02%
ROCK	D	-0.02%
WINA	C	-0.02%
PLYM	D	-0.02%
LMND	F	-0.02%
DBRG	D	-0.02%
RES	D	-0.02%