HKND vs. FELV ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Fidelity Enhanced Large Cap Value ETF (FELV)

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

$33.30

Average Daily Volume

1,926

Number of Holdings ^*

958

* may have additional holdings in another (foreign) market

FELV

Fidelity Enhanced Large Cap Value ETF

FELV Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$32.56

Average Daily Volume

106,908

Number of Holdings ^*

332

* may have additional holdings in another (foreign) market

Performance

Period	HKND	FELV
30 Days	1.63%	4.38%
60 Days	0.72%	5.85%
90 Days	1.42%	7.57%
12 Months	19.65%	29.90%

203 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in FELV	Overlap
A	D	0.15%	0.09%	0.09%
AAPL	C	2.24%	0.19%	0.19%
ABBV	D	2.0%	0.85%	0.85%
ABT	B	1.08%	0.54%	0.54%
ACT	D	0.01%	0.09%	0.01%
ADBE	C	0.05%	0.37%	0.05%
ADI	D	0.04%	0.04%	0.04%
ADM	D	1.56%	0.1%	0.1%
ADP	B	0.07%	0.1%	0.07%
ADTN	A	0.02%	0.1%	0.02%
AIZ	A	0.12%	0.11%	0.11%
ALL	A	0.21%	0.19%	0.19%
AMAT	F	0.17%	0.42%	0.17%
AMD	F	0.07%	0.02%	0.02%
AME	A	0.01%	0.26%	0.01%
AMGN	D	1.1%	0.15%	0.15%
AMH	D	0.03%	0.11%	0.03%
AMT	D	0.04%	0.14%	0.04%
AMZN	C	0.57%	0.08%	0.08%
ANF	C	0.01%	0.28%	0.01%
ANSS	B	0.01%	0.01%	0.01%
ARW	D	0.03%	0.06%	0.03%
AVGO	D	0.12%	0.12%	0.12%
AXP	A	0.2%	0.2%	0.2%
AXTA	A	0.01%	0.03%	0.01%
AYI	B	0.04%	0.02%	0.02%
BAC	A	0.51%	1.77%	0.51%
BBWI	D	0.02%	0.08%	0.02%
BBY	D	0.22%	0.15%	0.15%
BCC	B	0.01%	0.11%	0.01%
BDX	F	1.15%	0.74%	0.74%
BERY	B	0.05%	0.02%	0.02%
BIIB	F	0.3%	0.3%	0.3%
BIO	D	0.09%	0.02%	0.02%
BK	A	0.1%	0.63%	0.1%
BLDR	D	0.02%	0.01%	0.01%
BLK	C	0.1%	0.37%	0.1%
BMRN	D	0.1%	0.11%	0.1%
BMY	B	0.93%	0.84%	0.84%
BRX	A	0.01%	0.35%	0.01%
BSX	B	0.74%	0.19%	0.19%
C	A	0.41%	0.48%	0.41%
CAH	B	0.31%	0.3%	0.3%
CCI	D	0.02%	0.57%	0.02%
CI	F	1.11%	0.6%	0.6%
CINF	A	0.04%	0.22%	0.04%
CL	D	1.35%	0.54%	0.54%
CLX	B	0.22%	0.25%	0.22%
CMCSA	B	0.68%	1.13%	0.68%
CME	A	0.02%	0.57%	0.02%
CMI	A	0.05%	0.34%	0.05%
CNC	D	0.37%	0.23%	0.23%
CNO	A	0.01%	0.09%	0.01%
COF	B	0.16%	0.47%	0.16%
CRM	B	0.08%	0.22%	0.08%
CRUS	D	0.01%	0.09%	0.01%
CSCO	B	0.16%	1.07%	0.16%
CSGP	D	0.01%	0.04%	0.01%
CSX	B	0.01%	0.34%	0.01%
CTAS	B	0.04%	0.43%	0.04%
CVS	D	0.5%	0.3%	0.3%
CXT	B	0.01%	0.01%	0.01%
DBX	B	0.01%	0.42%	0.01%
DD	D	0.31%	0.48%	0.31%
DELL	C	0.99%	0.08%	0.08%
DFS	B	0.07%	0.05%	0.05%
DGX	A	0.62%	0.01%	0.01%
DHI	D	0.16%	0.03%	0.03%
DHR	F	0.59%	0.17%	0.17%
DIS	B	0.2%	0.8%	0.2%
DOC	D	0.01%	0.22%	0.01%
EA	A	0.02%	0.11%	0.02%
ECL	D	0.87%	0.5%	0.5%
EEFT	B	0.01%	0.12%	0.01%
ELV	F	0.44%	0.11%	0.11%
ENS	D	0.01%	0.11%	0.01%
EQIX	A	0.02%	0.2%	0.02%
EQR	B	0.07%	0.17%	0.07%
EW	C	0.31%	0.06%	0.06%
EXEL	B	0.04%	0.35%	0.04%
FHI	A	0.01%	0.05%	0.01%
FLS	B	0.01%	0.25%	0.01%
FTV	C	0.01%	0.33%	0.01%
GAP	C	0.02%	0.25%	0.02%
GEHC	F	0.93%	0.16%	0.16%
GILD	C	0.7%	0.92%	0.7%
GIS	D	0.29%	0.05%	0.05%
GL	B	0.02%	0.28%	0.02%
GLW	B	0.09%	0.01%	0.01%
GPN	B	0.04%	0.09%	0.04%
GS	A	0.34%	0.34%	0.34%
HD	A	0.37%	0.45%	0.37%
HPE	B	0.21%	0.21%	0.21%
HUM	C	0.3%	0.14%	0.14%
IBM	C	0.26%	0.27%	0.26%
ICE	C	0.03%	0.18%	0.03%
IFF	D	0.06%	0.08%	0.06%
ILMN	D	0.09%	0.15%	0.09%
INCY	C	0.08%	0.22%	0.08%
INGR	B	0.49%	0.04%	0.04%
INTC	D	1.51%	0.85%	0.85%
IQV	D	0.53%	0.17%	0.17%
ITRI	B	0.0%	0.02%	0.0%
ITT	A	0.0%	0.18%	0.0%
ITW	B	0.03%	0.12%	0.03%
JNJ	D	0.71%	1.02%	0.71%
JPM	A	0.69%	2.93%	0.69%
JXN	C	0.02%	0.15%	0.02%
KD	B	0.08%	0.09%	0.08%
KEY	B	0.04%	0.18%	0.04%
KLAC	D	0.06%	0.03%	0.03%
KMB	D	0.1%	0.14%	0.1%
KR	B	0.21%	0.31%	0.21%
L	A	0.06%	0.35%	0.06%
LH	C	0.93%	0.08%	0.08%
LOW	D	0.22%	0.07%	0.07%
MA	C	0.11%	0.28%	0.11%
MCK	B	0.49%	0.09%	0.09%
MDLZ	F	0.31%	0.06%	0.06%
MEDP	D	0.05%	0.16%	0.05%
MHO	D	0.02%	0.1%	0.02%
MKC	D	0.05%	0.08%	0.05%
MKL	A	0.05%	0.17%	0.05%
MMC	B	0.13%	0.38%	0.13%
MMM	D	0.06%	0.6%	0.06%
MS	A	0.35%	0.54%	0.35%
MSCI	C	0.01%	0.19%	0.01%
MSI	B	0.02%	0.2%	0.02%
MU	D	0.14%	0.86%	0.14%
NFLX	A	0.09%	0.19%	0.09%
NMRK	B	0.01%	0.06%	0.01%
NSC	B	0.0%	0.57%	0.0%
NTAP	C	0.04%	0.12%	0.04%
NVDA	C	0.09%	0.17%	0.09%
NWL	B	0.02%	0.06%	0.02%
NWS	B	0.03%	0.03%	0.03%
OGN	D	0.11%	0.02%	0.02%
PFE	D	1.58%	0.85%	0.85%
PFG	D	0.05%	0.16%	0.05%
PG	A	4.05%	1.24%	1.24%
PGR	A	0.21%	0.35%	0.21%
PH	A	0.04%	0.12%	0.04%
PHM	D	0.07%	0.01%	0.01%
PNC	B	0.1%	0.7%	0.1%
PPG	F	0.03%	0.57%	0.03%
PRU	A	0.16%	0.17%	0.16%
PSA	D	0.01%	0.52%	0.01%
PYPL	B	0.08%	0.79%	0.08%
QCOM	F	0.15%	0.5%	0.15%
QRVO	F	0.01%	0.11%	0.01%
REG	B	0.01%	0.07%	0.01%
RGA	A	0.06%	0.03%	0.03%
RJF	A	0.05%	0.03%	0.03%
ROP	B	0.01%	0.01%	0.01%
ROST	C	0.03%	0.11%	0.03%
RSG	A	0.04%	0.66%	0.04%
SCHW	B	0.07%	0.88%	0.07%
SEE	C	0.01%	0.25%	0.01%
SEIC	B	0.01%	0.58%	0.01%
SOLV	C	0.15%	0.12%	0.12%
SPG	B	0.03%	0.18%	0.03%
SPGI	C	0.03%	0.63%	0.03%
SQ	B	0.06%	0.7%	0.06%
SSNC	B	0.02%	0.5%	0.02%
STT	A	0.09%	0.15%	0.09%
SWKS	F	0.02%	0.13%	0.02%
SYF	B	0.07%	0.03%	0.03%
SYK	C	1.07%	0.26%	0.26%
T	A	0.8%	1.02%	0.8%
TDC	D	0.01%	0.27%	0.01%
TFC	A	0.1%	0.24%	0.1%
TFX	F	0.17%	0.03%	0.03%
TGT	F	0.1%	0.01%	0.01%
TJX	A	0.06%	0.28%	0.06%
TMHC	B	0.03%	0.18%	0.03%
TMO	F	0.86%	0.73%	0.73%
TMUS	B	0.37%	0.56%	0.37%
TNL	A	0.01%	0.01%	0.01%
TOL	B	0.04%	0.28%	0.04%
TPH	D	0.02%	0.35%	0.02%
TRMB	B	0.01%	0.05%	0.01%
TROW	B	0.04%	0.13%	0.04%
TRV	B	0.16%	0.28%	0.16%
TXN	C	0.09%	0.16%	0.09%
UHS	D	0.21%	0.12%	0.12%
UNH	C	0.96%	1.57%	0.96%
UNM	A	0.04%	0.38%	0.04%
UNP	C	0.03%	0.75%	0.03%
UPS	C	0.03%	0.06%	0.03%
VAC	B	0.01%	0.04%	0.01%
VEEV	C	0.01%	0.28%	0.01%
VLTO	D	0.36%	0.04%	0.04%
VRTX	F	0.59%	0.09%	0.09%
VZ	C	0.89%	0.68%	0.68%
WBD	C	0.07%	0.09%	0.07%
WCC	B	0.01%	0.07%	0.01%
WDAY	B	0.01%	0.13%	0.01%
WDC	D	0.1%	0.14%	0.1%
WFC	A	0.42%	1.22%	0.42%
WM	A	0.07%	0.25%	0.07%
WMT	A	1.06%	1.76%	1.06%
ZBRA	B	0.03%	0.32%	0.03%
ZG	A	0.02%	0.18%	0.02%

HKND Overweight 755 Positions Relative to FELV

Symbol	Grade	Weight
GOOGL	C	3.87%
MSFT	F	2.37%
LLY	F	2.09%
DE	A	2.08%
MRK	F	1.84%
MOS	F	1.72%
CTVA	C	1.48%
CF	B	0.98%
HCA	F	0.91%
BG	F	0.89%
BAX	D	0.84%
FMC	D	0.82%
HPQ	B	0.81%
AGCO	D	0.68%
REGN	F	0.61%
SJM	D	0.54%
FDP	B	0.48%
ZBH	C	0.45%
KVUE	A	0.4%
PEP	F	0.4%
AWK	D	0.39%
CHD	B	0.36%
CAG	D	0.36%
COR	B	0.35%
MRNA	F	0.35%
ISRG	A	0.33%
THC	D	0.3%
J	F	0.29%
SPB	C	0.29%
HOLX	D	0.27%
WBA	F	0.26%
FELE	B	0.26%
K	A	0.26%
VTRS	A	0.25%
AIG	B	0.23%
DOW	F	0.21%
RMD	C	0.2%
MET	A	0.19%
CHTR	C	0.18%
ORCL	B	0.17%
TSLA	B	0.16%
CTLT	B	0.15%
AVTR	F	0.15%
FSLR	F	0.15%
ZWS	B	0.15%
ENOV	C	0.15%
V	A	0.15%
LEN	D	0.14%
ENPH	F	0.14%
HSIC	B	0.14%
DVA	B	0.13%
RUN	F	0.13%
DXCM	D	0.13%
FTRE	D	0.12%
USB	A	0.12%
JBL	B	0.12%
TITN	C	0.11%
RPRX	D	0.11%
LRCX	F	0.11%
COST	B	0.11%
RVTY	F	0.11%
AHCO	F	0.11%
FLO	D	0.1%
MAN	D	0.1%
ALNY	D	0.1%
ICUI	D	0.1%
CRL	C	0.1%
HIG	B	0.1%
SEM	B	0.1%
CBRE	B	0.1%
POST	C	0.09%
MTD	D	0.09%
WTRG	B	0.09%
LUMN	C	0.09%
IART	C	0.09%
UTHR	C	0.08%
UAN	B	0.08%
ITGR	B	0.08%
MOH	F	0.08%
CWT	D	0.08%
ALG	B	0.08%
CDW	F	0.08%
RDNT	B	0.08%
CPB	D	0.08%
CTSH	B	0.08%
LXU	B	0.08%
ACM	A	0.08%
AFL	B	0.08%
NBIX	C	0.08%
MASI	A	0.08%
SRPT	D	0.07%
WAT	B	0.07%
EMBC	C	0.07%
SYY	B	0.07%
TECH	D	0.07%
MMSI	B	0.07%
EHC	B	0.07%
FNF	B	0.07%
DXC	B	0.07%
AMP	A	0.07%
ACI	C	0.07%
FI	A	0.06%
FOX	A	0.06%
WLK	D	0.06%
HAE	C	0.06%
CNMD	C	0.06%
GMED	A	0.06%
SNX	C	0.06%
BRKR	D	0.06%
WST	C	0.06%
CRBG	B	0.06%
AVB	B	0.06%
HSY	F	0.06%
BKNG	A	0.06%
PODD	C	0.06%
MAA	B	0.05%
KLG	C	0.05%
FAF	A	0.05%
LNC	B	0.05%
SMCI	F	0.05%
NVR	D	0.05%
TTC	D	0.05%
GPC	D	0.05%
AVNS	F	0.05%
GXO	B	0.05%
OPK	C	0.05%
APH	A	0.05%
GWW	B	0.05%
EQH	B	0.05%
INVH	D	0.05%
SUI	D	0.05%
OMC	C	0.05%
EBAY	D	0.05%
OMI	F	0.05%
MAR	B	0.05%
SMG	D	0.05%
SJW	D	0.05%
VTR	C	0.05%
ALLY	C	0.05%
KDP	D	0.04%
CNXN	C	0.04%
AFG	A	0.04%
FYBR	D	0.04%
IONS	F	0.04%
LKQ	D	0.04%
CFG	B	0.04%
LNN	B	0.04%
ORLY	B	0.04%
BPMC	C	0.04%
EXPE	B	0.04%
IPG	D	0.04%
LPLA	A	0.04%
ORI	A	0.04%
CR	A	0.04%
NTRS	A	0.04%
ROKU	D	0.04%
UNFI	A	0.04%
VKTX	F	0.04%
OPCH	D	0.04%
BEN	C	0.04%
HUN	F	0.04%
ESS	B	0.04%
JEF	A	0.04%
EXAS	D	0.04%
AZO	C	0.04%
SCSC	B	0.04%
EL	F	0.04%
AJG	B	0.04%
SWK	D	0.04%
TNDM	F	0.04%
WHR	B	0.04%
NOVT	D	0.04%
FITB	A	0.04%
AWR	B	0.04%
JLL	D	0.04%
SHW	A	0.04%
WRB	A	0.04%
PEN	B	0.04%
ABM	B	0.03%
FAST	B	0.03%
WU	D	0.03%
CHE	D	0.03%
AMED	F	0.03%
APO	B	0.03%
VOYA	B	0.03%
APLS	D	0.03%
REZI	A	0.03%
GFS	C	0.03%
AZTA	D	0.03%
AMKR	D	0.03%
PLD	D	0.03%
KBH	D	0.03%
SIRI	C	0.03%
HWKN	B	0.03%
XRX	F	0.03%
GNW	A	0.03%
AAP	C	0.03%
ENSG	D	0.03%
AMRX	C	0.03%
HBAN	A	0.03%
MCHP	D	0.03%
CHWY	B	0.03%
CG	A	0.03%
HALO	F	0.03%
CYTK	F	0.03%
MD	B	0.03%
NEO	C	0.03%
INTU	C	0.03%
RS	B	0.03%
TWI	F	0.03%
LYV	A	0.03%
CPT	B	0.03%
RVMD	C	0.03%
IRDM	D	0.03%
OFIX	B	0.03%
MIDD	C	0.03%
IT	C	0.03%
TDS	B	0.03%
ELS	C	0.03%
RHI	B	0.03%
FLGT	F	0.03%
DAR	C	0.03%
ENR	B	0.03%
NSP	D	0.03%
GME	C	0.03%
LBRDA	C	0.03%
ON	D	0.03%
MTB	A	0.03%
RF	A	0.03%
UDR	B	0.03%
SNEX	B	0.03%
FIS	C	0.03%
SANM	B	0.03%
VYX	B	0.03%
EMR	A	0.03%
RKT	F	0.03%
IVZ	B	0.03%
SGRY	F	0.03%
PCVX	D	0.03%
LNTH	D	0.03%
WMG	C	0.03%
ITCI	C	0.03%
R	B	0.02%
STC	B	0.02%
ARWR	F	0.02%
PLXS	B	0.02%
TTEK	F	0.02%
HST	C	0.02%
SMMT	D	0.02%
IBKR	A	0.02%
CMA	A	0.02%
ATEC	C	0.02%
COMP	B	0.02%
FOLD	F	0.02%
BHF	B	0.02%
HAIN	C	0.02%
ATRC	C	0.02%
EFX	F	0.02%
IOVA	F	0.02%
ALGN	D	0.02%
UTZ	D	0.02%
GKOS	B	0.02%
PTCT	B	0.02%
AVT	C	0.02%
AXSM	B	0.02%
CORT	B	0.02%
MRVI	F	0.02%
NATL	B	0.02%
XRAY	F	0.02%
ANET	C	0.02%
FCN	D	0.02%
SMPL	B	0.02%
MCY	A	0.02%
ACAD	D	0.02%
COOP	B	0.02%
TSCO	D	0.02%
MAS	D	0.02%
AGL	F	0.02%
OTIS	C	0.02%
EME	C	0.02%
TXG	F	0.02%
AMN	F	0.02%
DOX	D	0.02%
BR	A	0.02%
ALIT	C	0.02%
CRNX	C	0.02%
CCS	D	0.02%
TPG	A	0.02%
PFSI	D	0.02%
RARE	D	0.02%
DLR	B	0.02%
SNPS	B	0.02%
NDAQ	A	0.02%
AORT	B	0.02%
CENTA	C	0.02%
CNXC	F	0.02%
APD	A	0.02%
OMF	A	0.02%
IDXX	F	0.02%
ROK	B	0.02%
LECO	B	0.02%
BRO	B	0.02%
GH	B	0.02%
BKD	D	0.02%
NUVL	D	0.02%
PAYX	C	0.02%
PWR	A	0.02%
INSM	C	0.02%
DKS	C	0.02%
NOW	A	0.02%
TNET	D	0.02%
KRYS	B	0.02%
HLT	A	0.02%
KELYA	F	0.02%
WMS	D	0.02%
OPEN	D	0.02%
ENTG	D	0.02%
THG	A	0.02%
MDGL	B	0.02%
WELL	A	0.02%
USM	B	0.02%
ADV	D	0.02%
MMS	F	0.02%
BBIO	F	0.02%
LILAK	D	0.02%
JJSF	B	0.02%
THS	D	0.02%
KMPR	B	0.02%
SF	B	0.02%
WTS	B	0.02%
CSL	C	0.02%
WSO	A	0.02%
MCO	B	0.02%
MTH	D	0.02%
VCYT	B	0.01%
MODG	F	0.01%
SAVA	D	0.01%
SLAB	D	0.01%
TKO	B	0.01%
UI	A	0.01%
UBSI	B	0.01%
WH	B	0.01%
POOL	C	0.01%
ONB	B	0.01%
EOLS	D	0.01%
EXR	D	0.01%
ELVN	D	0.01%
COTY	F	0.01%
NX	C	0.01%
APP	B	0.01%
GTES	A	0.01%
FRPT	B	0.01%
MAT	D	0.01%
TMCI	D	0.01%
YORW	D	0.01%
AVO	C	0.01%
MIRM	B	0.01%
UFCS	B	0.01%
ONTO	D	0.01%
TCBI	B	0.01%
NYT	C	0.01%
VZIO	A	0.01%
SRRK	B	0.01%
RGNX	F	0.01%
KE	C	0.01%
MPWR	F	0.01%
TOST	B	0.01%
PGNY	F	0.01%
APAM	B	0.01%
FDMT	F	0.01%
GMS	B	0.01%
CVCO	A	0.01%
USPH	B	0.01%
TYL	B	0.01%
SAGE	F	0.01%
PRLB	A	0.01%
CMC	B	0.01%
MC	C	0.01%
URBN	C	0.01%
WGO	C	0.01%
AEO	F	0.01%
BXC	B	0.01%
SSB	B	0.01%
BKU	A	0.01%
FOUR	B	0.01%
GSAT	C	0.01%
FICO	B	0.01%
PB	A	0.01%
CADE	B	0.01%
SCHL	D	0.01%
DLB	B	0.01%
HMN	B	0.01%
HAS	D	0.01%
DAWN	F	0.01%
SNA	A	0.01%
HURN	B	0.01%
HWC	B	0.01%
RLI	B	0.01%
PLUS	F	0.01%
GRBK	D	0.01%
WTM	A	0.01%
VNT	B	0.01%
WD	D	0.01%
ASB	B	0.01%
OZK	B	0.01%
DAY	B	0.01%
SSYS	C	0.01%
ACIW	B	0.01%
MTN	C	0.01%
KNF	A	0.01%
MNKD	C	0.01%
IPGP	D	0.01%
FDS	B	0.01%
BCRX	D	0.01%
UMBF	B	0.01%
HGV	B	0.01%
KIDS	D	0.01%
FIX	A	0.01%
MDXG	B	0.01%
APG	B	0.01%
WPC	D	0.01%
TRUP	B	0.01%
PRG	C	0.01%
TARS	B	0.01%
FNB	A	0.01%
PNFP	B	0.01%
SYNA	C	0.01%
LFUS	F	0.01%
CBSH	A	0.01%
AKRO	B	0.01%
PAYC	B	0.01%
BRC	D	0.01%
PII	D	0.01%
KFRC	D	0.01%
LCII	C	0.01%
SKY	A	0.01%
PTGX	C	0.01%
EXLS	B	0.01%
PIPR	B	0.01%
CFR	B	0.01%
IMVT	F	0.01%
FG	B	0.01%
MTG	C	0.01%
VRSN	F	0.01%
IDT	B	0.01%
DIOD	D	0.01%
JKHY	D	0.01%
WBS	A	0.01%
SBAC	D	0.01%
HTH	B	0.01%
MTCH	D	0.01%
RYAN	B	0.01%
VLY	B	0.01%
IOSP	B	0.01%
KWR	C	0.01%
CCRN	F	0.01%
RDN	C	0.01%
XYL	D	0.01%
SBH	C	0.01%
IR	B	0.01%
BEAM	D	0.01%
NGVT	B	0.01%
TDOC	C	0.01%
IRT	A	0.01%
UCTT	D	0.01%
MSM	C	0.01%
RXRX	F	0.01%
ASIX	A	0.01%
CRVL	A	0.01%
SITE	D	0.01%
UNF	B	0.01%
LAMR	D	0.01%
SXT	B	0.01%
HLI	B	0.01%
CABO	C	0.01%
RCKT	F	0.01%
SNDX	F	0.01%
EXPI	C	0.01%
CNM	D	0.01%
MORN	B	0.01%
WTFC	A	0.01%
PINC	B	0.01%
FND	C	0.01%
UPBD	B	0.01%
UHAL	D	0.01%
INVA	D	0.01%
ANIP	F	0.01%
IRWD	F	0.01%
TGNA	B	0.01%
ADMA	B	0.01%
IAC	D	0.01%
AGIO	C	0.01%
ALB	C	0.01%
EWTX	C	0.01%
LANC	C	0.01%
VNO	B	0.01%
FNA	C	0.01%
BECN	B	0.01%
KROS	D	0.01%
DFH	D	0.01%
SANA	F	0.01%
CC	C	0.01%
COIN	C	0.01%
TTMI	B	0.01%
CGON	F	0.01%
ASTH	D	0.01%
XNCR	B	0.01%
HUBB	B	0.01%
LMAT	A	0.01%
ACHC	F	0.01%
DYN	F	0.01%
AIV	C	0.01%
HRB	D	0.01%
AOS	F	0.01%
PSTG	D	0.01%
CRSR	C	0.01%
ICFI	F	0.01%
BGC	C	0.01%
KIM	A	0.01%
BOKF	B	0.01%
TTWO	A	0.01%
IRM	D	0.01%
WAL	B	0.01%
TNC	D	0.01%
EVH	F	0.01%
CPRX	C	0.01%
ADUS	D	0.01%
NTLA	F	0.01%
KFY	B	0.01%
ARE	D	0.01%
KEX	C	0.01%
RNA	D	0.01%
COLL	F	0.01%
CSTL	D	0.01%
ARDX	F	0.01%
O	D	0.01%
UFPI	B	0.01%
BZH	B	0.01%
GNRC	B	0.01%
CDNS	B	0.01%
TEX	D	0.01%
JBSS	D	0.01%
STGW	B	0.01%
PBH	A	0.01%
ACLX	C	0.01%
FFIV	B	0.01%
VSAT	F	0.01%
RYTM	C	0.01%
DVAX	C	0.01%
BURL	A	0.01%
SNV	B	0.01%
HRMY	D	0.01%
CIEN	B	0.01%
CNDT	C	0.01%
VERA	B	0.01%
GERN	D	0.01%
EWBC	A	0.01%
ADSK	A	0.01%
KEYS	A	0.01%
HHH	B	0.01%
KYMR	D	0.01%
EMN	D	0.01%
NHC	C	0.01%
LGND	B	0.01%
GEN	B	0.01%
ESI	A	0.01%
NVST	B	0.01%
ARVN	D	0.01%
DNLI	D	0.01%
RRX	B	0.01%
H	B	0.01%
KO	D	0.01%
ASH	D	0.01%
SPTN	D	0.01%
BC	C	0.01%
JANX	C	0.01%
ASGN	F	0.01%
CLH	B	0.01%
BGS	F	0.01%
AIT	A	0.01%
TRU	D	0.01%
BHE	B	0.01%
FL	F	0.01%
GT	C	0.01%
PRVA	B	0.01%
ABNB	C	0.01%
LGIH	D	0.01%
DOV	A	0.01%
VIR	D	0.01%
COHR	B	0.01%
UWMC	D	0.01%
THO	B	0.01%
ERIE	D	0.01%
LGF.A	C	0.01%
NARI	C	0.01%
AMG	B	0.01%
HOV	D	0.01%
URI	B	0.01%
JNPR	F	0.01%
VRT	B	0.01%
NSIT	F	0.01%
UFPT	B	0.01%
FDX	B	0.01%
PCRX	C	0.01%
FCNCA	A	0.01%
CE	F	0.01%
VCEL	B	0.01%
ULTA	F	0.01%
CLDX	F	0.01%
NXST	C	0.01%
FTNT	C	0.01%
VRSK	A	0.01%
INSP	D	0.01%
TWST	D	0.01%
IDYA	F	0.01%
MYGN	F	0.01%
TGTX	B	0.01%
MSEX	B	0.01%
FHN	A	0.01%
GDDY	A	0.01%
SIGI	C	0.01%
VSH	D	0.01%
ESAB	B	0.01%
ARES	A	0.01%
EDR	A	0.01%
ATR	B	0.01%
PANW	C	0.01%
AMPH	D	0.01%
BXP	D	0.01%
NVAX	F	0.01%
NTRA	B	0.01%
ZION	B	0.01%
AMRK	F	0.01%
RGEN	D	0.01%
EPAM	C	0.01%
SCI	B	0.01%
SWTX	C	0.01%
SUPN	C	0.01%
TER	D	0.01%
BCO	D	0.01%
MRVL	B	0.01%
PDCO	D	0.01%
EVR	B	0.01%
AKAM	D	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	F	0.0%
ABUS	D	0.0%
QTRX	F	0.0%
OLMA	F	0.0%
PRME	F	0.0%
ABSI	F	0.0%
LYEL	F	0.0%
STOK	F	0.0%
APLT	B	0.0%
BLFS	C	0.0%
CELC	F	0.0%
ALT	C	0.0%
MNMD	C	0.0%
PHAT	F	0.0%
EYPT	F	0.0%
ORIC	F	0.0%
CTKB	C	0.0%
YMAB	F	0.0%
ALEC	F	0.0%
COLB	A	0.0%
PLAB	C	0.0%
COGT	D	0.0%
NUVB	C	0.0%
MLYS	F	0.0%
WAFD	B	0.0%
CNS	B	0.0%
MSGS	A	0.0%
CRAI	B	0.0%
IRON	B	0.0%
SVRA	D	0.0%
NDSN	B	0.0%
TW	A	0.0%
MLI	C	0.0%
RLAY	F	0.0%
ALGM	D	0.0%
MMI	B	0.0%
WSFS	A	0.0%
STEP	B	0.0%
FORM	D	0.0%
DFIN	D	0.0%
UCB	A	0.0%
OSCR	D	0.0%
NRIX	D	0.0%
GGG	B	0.0%
LBPH	A	0.0%
CBT	C	0.0%
BSY	D	0.0%
OCUL	D	0.0%
AEIS	B	0.0%
NVEE	F	0.0%
FHB	A	0.0%
TTD	B	0.0%
ANAB	F	0.0%
IMNM	F	0.0%
SAFT	C	0.0%
ETNB	C	0.0%
SPRY	D	0.0%
CATY	B	0.0%
VRDN	D	0.0%
CHH	A	0.0%
GBCI	B	0.0%
HSII	B	0.0%
HZO	D	0.0%
ZEUS	C	0.0%
PLAY	D	0.0%
SIGA	F	0.0%
REYN	D	0.0%
PLRX	F	0.0%
IRTC	D	0.0%
IBP	D	0.0%
HOMB	A	0.0%
TYRA	F	0.0%
TRIP	F	0.0%
GOLF	B	0.0%
ARQT	C	0.0%
PCTY	B	0.0%
ARCT	F	0.0%
GIC	D	0.0%
CNA	B	0.0%
SONO	C	0.0%
KURA	F	0.0%
LQDA	D	0.0%
CBZ	B	0.0%
CTS	C	0.0%
FIVE	F	0.0%
RCUS	F	0.0%
SFNC	B	0.0%
DCI	B	0.0%
CARR	D	0.0%
PNTG	D	0.0%
BBSI	B	0.0%
FRT	B	0.0%
TVTX	B	0.0%
FULT	A	0.0%
UVE	B	0.0%
DORM	B	0.0%
AZZ	B	0.0%
SATS	D	0.0%
PTC	A	0.0%
ROG	D	0.0%
SFM	A	0.0%
LFST	C	0.0%
CGEM	F	0.0%
SIBN	F	0.0%
VCTR	B	0.0%
TKR	D	0.0%
PJT	A	0.0%
IEX	B	0.0%
ABCB	B	0.0%

HKND Underweight 129 Positions Relative to FELV

Symbol	Grade	Weight
BRK.A	B	-3.64%
XOM	B	-2.51%
PM	B	-1.31%
GE	D	-1.05%
NEE	D	-0.81%
ETN	A	-0.76%
RTX	C	-0.7%
LMT	D	-0.64%
NOC	D	-0.63%
CVNA	B	-0.62%
AON	A	-0.59%
COP	C	-0.56%
CAT	B	-0.54%
ALLE	D	-0.54%
TXT	D	-0.53%
CVX	A	-0.53%
EOG	A	-0.53%
ZM	B	-0.52%
TT	A	-0.52%
LDOS	C	-0.47%
CACI	D	-0.46%
LIN	D	-0.46%
LHX	C	-0.45%
WAB	B	-0.45%
MDT	D	-0.4%
PCG	A	-0.39%
PCAR	B	-0.39%
IGT	F	-0.36%
EVRG	A	-0.35%
ACN	C	-0.34%
NUE	C	-0.34%
DVN	F	-0.34%
LPX	B	-0.33%
STLD	B	-0.33%
F	C	-0.33%
TWLO	A	-0.3%
FR	C	-0.28%
MCD	D	-0.28%
VMC	B	-0.28%
DUK	C	-0.28%
MO	A	-0.28%
GEV	B	-0.28%
WTW	B	-0.26%
VICI	C	-0.25%
XEL	A	-0.25%
EXC	C	-0.24%
KMI	A	-0.24%
ED	D	-0.22%
Z	A	-0.22%
DOCU	A	-0.22%
OC	A	-0.22%
SKYW	B	-0.21%
MGM	D	-0.21%
META	D	-0.21%
JCI	C	-0.21%
VMI	B	-0.2%
PNR	A	-0.19%
DTE	C	-0.19%
USFD	A	-0.19%
FTI	A	-0.19%
EIX	B	-0.17%
LNW	D	-0.17%
ACA	A	-0.17%
CEG	D	-0.17%
TAP	C	-0.16%
QGEN	D	-0.16%
CCK	C	-0.16%
AES	F	-0.16%
CNP	B	-0.15%
RCL	A	-0.15%
OXY	D	-0.15%
GD	F	-0.14%
HAL	C	-0.13%
PKG	A	-0.13%
CCL	B	-0.13%
ES	D	-0.13%
SO	D	-0.12%
WMB	A	-0.12%
HWM	A	-0.12%
KHC	F	-0.12%
BLD	D	-0.11%
GRMN	B	-0.11%
TPR	B	-0.1%
BKR	B	-0.1%
CRC	B	-0.1%
PEG	A	-0.1%
FANG	D	-0.09%
TRGP	B	-0.09%
MTDR	B	-0.09%
TENB	C	-0.08%
DASH	A	-0.08%
HON	B	-0.08%
ALRM	C	-0.08%
AEP	D	-0.08%
VST	B	-0.07%
CMG	B	-0.07%
BYD	C	-0.07%
LYFT	C	-0.07%
NWSA	B	-0.06%
LEG	F	-0.06%
VSTS	C	-0.06%
OGE	B	-0.06%
SAM	C	-0.05%
CTRA	B	-0.05%
GLPI	C	-0.05%
CW	B	-0.05%
PLTK	B	-0.05%
NEM	D	-0.05%
AM	A	-0.04%
HL	D	-0.04%
CWEN	C	-0.04%
BKH	A	-0.04%
CTRE	D	-0.04%
MSA	D	-0.03%
UAL	A	-0.03%
EXTR	B	-0.03%
WS	B	-0.03%
ALKS	B	-0.03%
MATX	C	-0.03%
CWEN	C	-0.02%
SWI	B	-0.02%
OKTA	C	-0.02%
WOOF	D	-0.02%
MWA	B	-0.01%
FTDR	A	-0.01%
MUR	D	-0.01%
AXS	A	-0.01%
SON	D	-0.01%
M	D	-0.01%