HKND vs. SPHB ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$92.72

Average Daily Volume

224,294

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HKND	SPHB
30 Days	1.63%	4.79%
60 Days	0.72%	5.15%
90 Days	1.42%	6.95%
12 Months	19.65%	29.95%

70 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in SPHB	Overlap
ABNB	C	0.01%	1.02%	0.01%
ADBE	C	0.05%	0.8%	0.05%
ADI	D	0.04%	0.85%	0.04%
ADSK	A	0.01%	1.06%	0.01%
ALB	C	0.01%	1.51%	0.01%
ALGN	D	0.02%	1.03%	0.02%
AMAT	F	0.17%	1.22%	0.17%
AMD	F	0.07%	1.52%	0.07%
AMZN	C	0.57%	1.09%	0.57%
ANET	C	0.02%	1.36%	0.02%
ANSS	B	0.01%	0.84%	0.01%
APH	A	0.05%	0.85%	0.05%
ARE	D	0.01%	0.75%	0.01%
AVGO	D	0.12%	1.56%	0.12%
BKNG	A	0.06%	1.02%	0.06%
BLDR	D	0.02%	1.39%	0.02%
BXP	D	0.01%	1.0%	0.01%
CARR	D	0.0%	0.95%	0.0%
CDNS	B	0.01%	1.18%	0.01%
CRL	C	0.1%	0.77%	0.1%
CRM	B	0.08%	1.1%	0.08%
DAY	B	0.01%	1.16%	0.01%
DHI	D	0.16%	0.71%	0.16%
EFX	F	0.02%	0.73%	0.02%
ENPH	F	0.14%	0.69%	0.14%
EPAM	C	0.01%	0.8%	0.01%
FICO	B	0.01%	1.0%	0.01%
FSLR	F	0.15%	0.83%	0.15%
GNRC	B	0.01%	1.37%	0.01%
HUBB	B	0.01%	0.97%	0.01%
IDXX	F	0.02%	0.69%	0.02%
INTC	D	1.51%	0.99%	0.99%
INTU	C	0.03%	0.92%	0.03%
IQV	D	0.53%	0.62%	0.53%
ISRG	A	0.33%	0.89%	0.33%
IVZ	B	0.03%	0.8%	0.03%
JBL	B	0.12%	1.09%	0.12%
KEY	B	0.04%	0.92%	0.04%
KEYS	A	0.01%	0.92%	0.01%
KLAC	D	0.06%	1.09%	0.06%
LEN	D	0.14%	0.75%	0.14%
LRCX	F	0.11%	1.21%	0.11%
MCHP	D	0.03%	0.93%	0.03%
MPWR	F	0.01%	1.1%	0.01%
MU	D	0.14%	1.2%	0.14%
NOW	A	0.02%	1.12%	0.02%
NVDA	C	0.09%	2.08%	0.09%
ON	D	0.03%	1.15%	0.03%
ORCL	B	0.17%	1.17%	0.17%
PANW	C	0.01%	1.04%	0.01%
PH	A	0.04%	0.99%	0.04%
PHM	D	0.07%	0.85%	0.07%
PODD	C	0.06%	1.02%	0.06%
PWR	A	0.02%	1.16%	0.02%
PYPL	B	0.08%	1.07%	0.08%
QCOM	F	0.15%	1.07%	0.15%
QRVO	F	0.01%	0.56%	0.01%
RMD	C	0.2%	0.76%	0.2%
ROK	B	0.02%	0.86%	0.02%
SMCI	F	0.05%	0.81%	0.05%
SNPS	B	0.02%	1.11%	0.02%
SWKS	F	0.02%	0.76%	0.02%
TER	D	0.01%	1.18%	0.01%
TROW	B	0.04%	0.82%	0.04%
TSLA	B	0.16%	1.93%	0.16%
TXN	C	0.09%	0.76%	0.09%
URI	B	0.01%	1.25%	0.01%
WBD	C	0.07%	0.88%	0.07%
WDC	D	0.1%	1.03%	0.1%
ZBRA	B	0.03%	0.97%	0.03%

HKND Overweight 888 Positions Relative to SPHB

Symbol	Grade	Weight
PG	A	4.05%
GOOGL	C	3.87%
MSFT	F	2.37%
AAPL	C	2.24%
LLY	F	2.09%
DE	A	2.08%
ABBV	D	2.0%
MRK	F	1.84%
MOS	F	1.72%
PFE	D	1.58%
ADM	D	1.56%
CTVA	C	1.48%
CL	D	1.35%
BDX	F	1.15%
CI	F	1.11%
AMGN	D	1.1%
ABT	B	1.08%
SYK	C	1.07%
WMT	A	1.06%
DELL	C	0.99%
CF	B	0.98%
UNH	C	0.96%
LH	C	0.93%
BMY	B	0.93%
GEHC	F	0.93%
HCA	F	0.91%
BG	F	0.89%
VZ	C	0.89%
ECL	D	0.87%
TMO	F	0.86%
BAX	D	0.84%
FMC	D	0.82%
HPQ	B	0.81%
T	A	0.8%
BSX	B	0.74%
JNJ	D	0.71%
GILD	C	0.7%
JPM	A	0.69%
CMCSA	B	0.68%
AGCO	D	0.68%
DGX	A	0.62%
REGN	F	0.61%
DHR	F	0.59%
VRTX	F	0.59%
SJM	D	0.54%
BAC	A	0.51%
CVS	D	0.5%
INGR	B	0.49%
MCK	B	0.49%
FDP	B	0.48%
ZBH	C	0.45%
ELV	F	0.44%
WFC	A	0.42%
C	A	0.41%
KVUE	A	0.4%
PEP	F	0.4%
AWK	D	0.39%
HD	A	0.37%
TMUS	B	0.37%
CNC	D	0.37%
CHD	B	0.36%
CAG	D	0.36%
VLTO	D	0.36%
COR	B	0.35%
MRNA	F	0.35%
MS	A	0.35%
GS	A	0.34%
DD	D	0.31%
CAH	B	0.31%
EW	C	0.31%
MDLZ	F	0.31%
THC	D	0.3%
BIIB	F	0.3%
HUM	C	0.3%
J	F	0.29%
GIS	D	0.29%
SPB	C	0.29%
HOLX	D	0.27%
WBA	F	0.26%
FELE	B	0.26%
IBM	C	0.26%
K	A	0.26%
VTRS	A	0.25%
AIG	B	0.23%
CLX	B	0.22%
LOW	D	0.22%
BBY	D	0.22%
HPE	B	0.21%
UHS	D	0.21%
PGR	A	0.21%
DOW	F	0.21%
KR	B	0.21%
ALL	A	0.21%
DIS	B	0.2%
AXP	A	0.2%
MET	A	0.19%
CHTR	C	0.18%
TFX	F	0.17%
TRV	B	0.16%
COF	B	0.16%
CSCO	B	0.16%
PRU	A	0.16%
CTLT	B	0.15%
AVTR	F	0.15%
SOLV	C	0.15%
A	D	0.15%
ZWS	B	0.15%
ENOV	C	0.15%
V	A	0.15%
HSIC	B	0.14%
MMC	B	0.13%
DVA	B	0.13%
RUN	F	0.13%
DXCM	D	0.13%
AIZ	A	0.12%
FTRE	D	0.12%
USB	A	0.12%
TITN	C	0.11%
RPRX	D	0.11%
COST	B	0.11%
OGN	D	0.11%
MA	C	0.11%
RVTY	F	0.11%
AHCO	F	0.11%
FLO	D	0.1%
BMRN	D	0.1%
MAN	D	0.1%
PNC	B	0.1%
TGT	F	0.1%
ALNY	D	0.1%
BLK	C	0.1%
ICUI	D	0.1%
TFC	A	0.1%
HIG	B	0.1%
KMB	D	0.1%
SEM	B	0.1%
BK	A	0.1%
CBRE	B	0.1%
STT	A	0.09%
POST	C	0.09%
MTD	D	0.09%
BIO	D	0.09%
NFLX	A	0.09%
WTRG	B	0.09%
LUMN	C	0.09%
IART	C	0.09%
GLW	B	0.09%
ILMN	D	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%
KD	B	0.08%
RDNT	B	0.08%
CPB	D	0.08%
CTSH	B	0.08%
LXU	B	0.08%
ACM	A	0.08%
INCY	C	0.08%
AFL	B	0.08%
NBIX	C	0.08%
MASI	A	0.08%
DFS	B	0.07%
SYF	B	0.07%
SRPT	D	0.07%
ADP	B	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%
EQR	B	0.07%
FNF	B	0.07%
WM	A	0.07%
DXC	B	0.07%
AMP	A	0.07%
SCHW	B	0.07%
ACI	C	0.07%
FI	A	0.06%
MMM	D	0.06%
L	A	0.06%
FOX	A	0.06%
WLK	D	0.06%
HAE	C	0.06%
RGA	A	0.06%
CNMD	C	0.06%
GMED	A	0.06%
SQ	B	0.06%
SNX	C	0.06%
BRKR	D	0.06%
WST	C	0.06%
TJX	A	0.06%
CRBG	B	0.06%
IFF	D	0.06%
AVB	B	0.06%
HSY	F	0.06%
MAA	B	0.05%
KLG	C	0.05%
FAF	A	0.05%
LNC	B	0.05%
NVR	D	0.05%
TTC	D	0.05%
GPC	D	0.05%
AVNS	F	0.05%
GXO	B	0.05%
MEDP	D	0.05%
OPK	C	0.05%
MKC	D	0.05%
GWW	B	0.05%
EQH	B	0.05%
INVH	D	0.05%
CMI	A	0.05%
SUI	D	0.05%
OMC	C	0.05%
EBAY	D	0.05%
RJF	A	0.05%
MKL	A	0.05%
OMI	F	0.05%
MAR	B	0.05%
SMG	D	0.05%
SJW	D	0.05%
PFG	D	0.05%
VTR	C	0.05%
ALLY	C	0.05%
BERY	B	0.05%
KDP	D	0.04%
GPN	B	0.04%
CNXN	C	0.04%
UNM	A	0.04%
AFG	A	0.04%
FYBR	D	0.04%
IONS	F	0.04%
LKQ	D	0.04%
CFG	B	0.04%
AMT	D	0.04%
LNN	B	0.04%
ORLY	B	0.04%
BPMC	C	0.04%
EXPE	B	0.04%
CTAS	B	0.04%
IPG	D	0.04%
RSG	A	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%
CINF	A	0.04%
TNDM	F	0.04%
WHR	B	0.04%
NTAP	C	0.04%
NOVT	D	0.04%
FITB	A	0.04%
AWR	B	0.04%
TOL	B	0.04%
JLL	D	0.04%
SHW	A	0.04%
WRB	A	0.04%
PEN	B	0.04%
AYI	B	0.04%
EXEL	B	0.04%
ABM	B	0.03%
ROST	C	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%
UNP	C	0.03%
AZTA	D	0.03%
AMKR	D	0.03%
PLD	D	0.03%
KBH	D	0.03%
ITW	B	0.03%
SIRI	C	0.03%
HWKN	B	0.03%
XRX	F	0.03%
GNW	A	0.03%
SPG	B	0.03%
AAP	C	0.03%
ENSG	D	0.03%
AMRX	C	0.03%
HBAN	A	0.03%
CHWY	B	0.03%
CG	A	0.03%
ARW	D	0.03%
HALO	F	0.03%
CYTK	F	0.03%
MD	B	0.03%
NEO	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%
SPGI	C	0.03%
TDS	B	0.03%
ELS	C	0.03%
NWS	B	0.03%
RHI	B	0.03%
FLGT	F	0.03%
UPS	C	0.03%
DAR	C	0.03%
ENR	B	0.03%
NSP	D	0.03%
ICE	C	0.03%
GME	C	0.03%
AMH	D	0.03%
LBRDA	C	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%
TMHC	B	0.03%
EMR	A	0.03%
RKT	F	0.03%
SGRY	F	0.03%
PPG	F	0.03%
PCVX	D	0.03%
LNTH	D	0.03%
WMG	C	0.03%
ITCI	C	0.03%
GL	B	0.02%
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%
BBWI	D	0.02%
BHF	B	0.02%
HAIN	C	0.02%
ATRC	C	0.02%
NWL	B	0.02%
IOVA	F	0.02%
UTZ	D	0.02%
MHO	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%
FCN	D	0.02%
SMPL	B	0.02%
ADTN	A	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%
TPH	D	0.02%
RARE	D	0.02%
DLR	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%
LECO	B	0.02%
CCI	D	0.02%
BRO	B	0.02%
GH	B	0.02%
EA	A	0.02%
BKD	D	0.02%
NUVL	D	0.02%
PAYX	C	0.02%
ZG	A	0.02%
INSM	C	0.02%
DKS	C	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%
SSNC	B	0.02%
USM	B	0.02%
ADV	D	0.02%
MMS	F	0.02%
GAP	C	0.02%
BBIO	F	0.02%
MSI	B	0.02%
LILAK	D	0.02%
JJSF	B	0.02%
THS	D	0.02%
EQIX	A	0.02%
JXN	C	0.02%
KMPR	B	0.02%
SF	B	0.02%
CME	A	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%
ANF	C	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%
FLS	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%
REG	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%
BRX	A	0.01%
TOST	B	0.01%
PGNY	F	0.01%
APAM	B	0.01%
FDMT	F	0.01%
DBX	B	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%
VEEV	C	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%
CRUS	D	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%
ACT	D	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%
FHI	A	0.01%
TDC	D	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%
CSX	B	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%
ENS	D	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%
NMRK	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%
MSCI	C	0.01%
EXPI	C	0.01%
AXTA	A	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%
CXT	B	0.01%
IAC	D	0.01%
AGIO	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%
DOC	D	0.01%
COIN	C	0.01%
TTMI	B	0.01%
CGON	F	0.01%
ASTH	D	0.01%
XNCR	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%
BCC	B	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%
KEX	C	0.01%
RNA	D	0.01%
COLL	F	0.01%
TNL	A	0.01%
CSTL	D	0.01%
ARDX	F	0.01%
O	D	0.01%
FTV	C	0.01%
UFPI	B	0.01%
BZH	B	0.01%
TRMB	B	0.01%
TEX	D	0.01%
SEIC	B	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%
HHH	B	0.01%
AME	A	0.01%
KYMR	D	0.01%
EMN	D	0.01%
NHC	C	0.01%
LGND	B	0.01%
GEN	B	0.01%
VAC	B	0.01%
CNO	A	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%
LGIH	D	0.01%
DOV	A	0.01%
VIR	D	0.01%
COHR	B	0.01%
UWMC	D	0.01%
THO	B	0.01%
CSGP	D	0.01%
ERIE	D	0.01%
LGF.A	C	0.01%
NARI	C	0.01%
AMG	B	0.01%
HOV	D	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%
PSA	D	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%
EEFT	B	0.01%
TGTX	B	0.01%
MSEX	B	0.01%
WDAY	B	0.01%
FHN	A	0.01%
SEE	C	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%
AMPH	D	0.01%
NVAX	F	0.01%
NTRA	B	0.01%
ZION	B	0.01%
AMRK	F	0.01%
RGEN	D	0.01%
ROP	B	0.01%
WCC	B	0.01%
SCI	B	0.01%
SWTX	C	0.01%
SUPN	C	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%
ITRI	B	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%
ITT	A	0.0%
SFNC	B	0.0%
DCI	B	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%
NSC	B	0.0%
VCTR	B	0.0%
TKR	D	0.0%
PJT	A	0.0%
IEX	B	0.0%
ABCB	B	0.0%

HKND Underweight 27 Positions Relative to SPHB

Symbol	Grade	Weight
NCLH	B	-1.63%
CCL	B	-1.63%
CRWD	B	-1.6%
UAL	A	-1.57%
VST	B	-1.4%
RCL	A	-1.25%
CZR	F	-1.25%
BX	A	-1.22%
META	D	-1.21%
KKR	A	-1.17%
ETN	A	-1.07%
CEG	D	-1.01%
LW	C	-0.99%
NXPI	D	-0.98%
LULU	C	-0.96%
UBER	D	-0.95%
DECK	A	-0.92%
GOOG	C	-0.84%
FCX	D	-0.81%
CPRT	A	-0.79%
KMX	B	-0.79%
GE	D	-0.78%
MHK	D	-0.76%
MGM	D	-0.75%
MLM	B	-0.73%
AES	F	-0.61%
APTV	D	-0.58%