HKND vs. SSPY ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Syntax Stratified LargeCap ETF (SSPY)

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

$31.05

Average Daily Volume

644

Number of Holdings ^*

961

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$75.00

Average Daily Volume

1,201

Number of Holdings ^*

496

* may have additional holdings in another (foreign) market

Performance

Period	HKND	SSPY
30 Days	-0.35%	-0.20%
60 Days	1.47%	1.28%
90 Days	1.00%	-0.20%
12 Months	11.37%	11.64%

332 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in SSPY	Overlap
A	D	0.13%	0.15%	0.13%
AAPL	A	2.48%	0.52%	0.52%
ABBV	C	1.99%	0.26%	0.26%
ABNB	B	0.01%	0.12%	0.01%
ABT	D	1.08%	0.06%	0.06%
ADBE	B	0.06%	0.18%	0.06%
ADI	B	0.04%	0.23%	0.04%
ADM	C	1.57%	0.4%	0.4%
ADP	D	0.06%	0.23%	0.06%
ADSK	B	0.01%	0.19%	0.01%
AFL	B	0.08%	0.21%	0.08%
AIG	C	0.22%	0.26%	0.22%
AIZ	D	0.11%	0.26%	0.11%
AJG	A	0.04%	0.04%	0.04%
AKAM	F	0.01%	0.28%	0.01%
ALB	F	0.01%	0.05%	0.01%
ALGN	D	0.02%	0.1%	0.02%
ALL	D	0.2%	0.26%	0.2%
AMAT	B	0.18%	0.17%	0.17%
AMD	B	0.07%	0.14%	0.07%
AME	D	0.01%	0.13%	0.01%
AMGN	B	1.08%	0.27%	0.27%
AMP	B	0.07%	0.09%	0.07%
AMT	B	0.04%	0.07%	0.04%
AMZN	A	0.62%	0.16%	0.16%
ANET	A	0.02%	0.22%	0.02%
ANSS	C	0.01%	0.17%	0.01%
AOS	D	0.01%	0.19%	0.01%
APD	D	0.02%	0.05%	0.02%
APH	B	0.05%	0.19%	0.05%
ARE	C	0.01%	0.11%	0.01%
AVB	B	0.07%	0.12%	0.07%
AVGO	B	0.14%	0.21%	0.14%
AWK	C	0.36%	0.34%	0.34%
AXP	C	0.19%	0.05%	0.05%
AZO	C	0.04%	0.15%	0.04%
BAC	A	0.53%	0.13%	0.13%
BAX	F	0.78%	0.05%	0.05%
BBWI	F	0.01%	0.16%	0.01%
BBY	C	0.28%	0.17%	0.17%
BDX	F	1.15%	0.05%	0.05%
BEN	D	0.04%	0.09%	0.04%
BG	B	0.96%	0.41%	0.41%
BIIB	C	0.31%	0.26%	0.26%
BIO	F	0.08%	0.08%	0.08%
BK	A	0.11%	0.12%	0.11%
BKNG	B	0.06%	0.14%	0.06%
BLDR	F	0.02%	0.18%	0.02%
BLK	B	0.1%	0.08%	0.08%
BMY	F	0.86%	0.26%	0.26%
BR	B	0.02%	0.12%	0.02%
BRO	B	0.02%	0.04%	0.02%
BSX	B	0.73%	0.07%	0.07%
BXP	B	0.01%	0.11%	0.01%
C	A	0.4%	0.13%	0.13%
CAG	D	0.32%	0.22%	0.22%
CAH	D	0.3%	0.21%	0.21%
CARR	B	0.0%	0.08%	0.0%
CBRE	C	0.1%	0.04%	0.04%
CCI	D	0.02%	0.07%	0.02%
CDNS	B	0.01%	0.34%	0.01%
CDW	D	0.08%	0.13%	0.08%
CE	F	0.01%	0.07%	0.01%
CF	F	0.93%	0.09%	0.09%
CFG	B	0.04%	0.06%	0.04%
CHD	D	0.34%	0.43%	0.34%
CHTR	C	0.21%	0.55%	0.21%
CI	D	1.07%	0.21%	0.21%
CINF	B	0.04%	0.15%	0.04%
CL	B	1.4%	0.46%	0.46%
CLX	D	0.22%	0.45%	0.22%
CMCSA	D	0.67%	0.53%	0.53%
CME	D	0.02%	0.05%	0.02%
CMI	D	0.05%	0.08%	0.05%
CNC	D	0.31%	0.27%	0.27%
COF	C	0.16%	0.69%	0.16%
COST	A	0.11%	0.77%	0.11%
CPB	B	0.08%	0.23%	0.08%
CPT	B	0.03%	0.12%	0.03%
CRL	F	0.09%	0.15%	0.09%
CRM	C	0.07%	0.38%	0.07%
CSCO	D	0.16%	0.21%	0.16%
CSGP	F	0.01%	0.04%	0.01%
CSX	D	0.01%	0.09%	0.01%
CTAS	B	0.04%	0.2%	0.04%
CTLT	B	0.15%	0.26%	0.15%
CTSH	C	0.08%	0.15%	0.08%
CTVA	D	1.31%	0.09%	0.09%
CVS	D	0.49%	0.67%	0.49%
DAY	D	0.0%	0.23%	0.0%
DD	B	0.31%	0.05%	0.05%
DE	F	1.81%	0.13%	0.13%
DFS	A	0.07%	0.7%	0.07%
DGX	C	0.59%	0.17%	0.17%
DHI	D	0.15%	0.26%	0.15%
DHR	D	0.56%	0.08%	0.08%
DIS	F	0.19%	0.21%	0.19%
DLR	A	0.02%	0.27%	0.02%
DOC	B	0.01%	0.11%	0.01%
DOV	D	0.01%	0.17%	0.01%
DOW	D	0.19%	0.07%	0.07%
DVA	C	0.13%	0.12%	0.12%
DXCM	F	0.12%	0.1%	0.1%
EA	B	0.02%	0.53%	0.02%
EBAY	B	0.05%	0.16%	0.05%
ECL	B	0.91%	0.05%	0.05%
EFX	B	0.02%	0.04%	0.02%
EL	F	0.03%	0.43%	0.03%
ELV	C	0.43%	0.28%	0.28%
EMN	D	0.01%	0.05%	0.01%
EMR	C	0.03%	0.03%	0.03%
ENPH	F	0.12%	0.22%	0.12%
EPAM	D	0.01%	0.14%	0.01%
EQIX	D	0.02%	0.27%	0.02%
EQR	B	0.07%	0.12%	0.07%
ESS	B	0.04%	0.11%	0.04%
EW	B	0.31%	0.07%	0.07%
EXPE	C	0.04%	0.11%	0.04%
EXR	B	0.01%	0.12%	0.01%
FAST	F	0.02%	0.13%	0.02%
FDS	D	0.01%	0.04%	0.01%
FDX	B	0.02%	0.1%	0.02%
FFIV	D	0.01%	0.21%	0.01%
FICO	A	0.01%	0.05%	0.01%
FIS	B	0.03%	0.06%	0.03%
FITB	C	0.04%	0.06%	0.04%
FMC	F	0.69%	0.09%	0.09%
FOX	A	0.06%	0.11%	0.06%
FRT	C	0.0%	0.07%	0.0%
FSLR	C	0.18%	0.18%	0.18%
FTNT	D	0.01%	0.17%	0.01%
FTV	D	0.01%	0.03%	0.01%
GDDY	A	0.01%	0.28%	0.01%
GEHC	D	0.91%	0.09%	0.09%
GILD	C	0.72%	0.27%	0.27%
GIS	D	0.25%	0.22%	0.22%
GL	C	0.01%	0.22%	0.01%
GLW	B	0.1%	0.2%	0.1%
GNRC	C	0.01%	0.08%	0.01%
GOOGL	A	4.17%	0.24%	0.24%
GPC	F	0.04%	0.16%	0.04%
GPN	D	0.03%	0.05%	0.03%
GS	A	0.33%	0.26%	0.26%
GWW	C	0.05%	0.13%	0.05%
HAS	D	0.01%	0.24%	0.01%
HBAN	C	0.03%	0.06%	0.03%
HCA	B	0.94%	0.35%	0.35%
HD	C	0.37%	0.25%	0.25%
HIG	C	0.1%	0.15%	0.1%
HLT	A	0.02%	0.12%	0.02%
HOLX	C	0.28%	0.09%	0.09%
HPE	C	0.24%	0.2%	0.2%
HPQ	C	0.9%	0.34%	0.34%
HSIC	F	0.11%	0.2%	0.11%
HST	D	0.02%	0.12%	0.02%
HSY	F	0.06%	0.19%	0.06%
HUBB	D	0.01%	0.26%	0.01%
HUM	C	0.3%	0.28%	0.28%
IBM	B	0.25%	0.35%	0.25%
ICE	A	0.03%	0.05%	0.03%
IDXX	D	0.02%	0.09%	0.02%
IEX	F	0.0%	0.2%	0.0%
IFF	B	0.06%	0.05%	0.05%
INCY	C	0.1%	0.26%	0.1%
INTC	D	1.5%	0.14%	0.14%
INTU	B	0.03%	0.25%	0.03%
INVH	A	0.05%	0.11%	0.05%
IPG	F	0.03%	0.34%	0.03%
IQV	F	0.47%	0.15%	0.15%
IR	D	0.01%	0.19%	0.01%
IRM	A	0.01%	0.07%	0.01%
ISRG	B	0.36%	0.14%	0.14%
IT	C	0.03%	0.14%	0.03%
ITW	D	0.03%	0.17%	0.03%
IVZ	D	0.03%	0.09%	0.03%
J	D	0.31%	0.39%	0.31%
JBL	F	0.12%	0.31%	0.12%
JKHY	C	0.01%	0.06%	0.01%
JNJ	F	2.01%	0.26%	0.26%
JNPR	B	0.01%	0.21%	0.01%
JPM	A	0.7%	0.13%	0.13%
K	D	0.25%	0.19%	0.19%
KDP	D	0.03%	0.26%	0.03%
KEY	C	0.03%	0.06%	0.03%
KEYS	F	0.01%	0.21%	0.01%
KIM	B	0.01%	0.07%	0.01%
KLAC	B	0.06%	0.17%	0.06%
KMB	B	0.1%	0.44%	0.1%
KO	B	0.01%	0.26%	0.01%
KR	C	0.2%	0.76%	0.2%
KVUE	F	0.36%	0.45%	0.36%
L	D	0.05%	0.53%	0.05%
LEN	D	0.13%	0.25%	0.13%
LKQ	F	0.03%	0.16%	0.03%
LLY	B	2.48%	0.27%	0.27%
LOW	D	0.22%	0.25%	0.22%
LRCX	A	0.12%	0.18%	0.12%
LYV	C	0.03%	0.09%	0.03%
MA	D	0.11%	0.05%	0.05%
MAA	C	0.05%	0.12%	0.05%
MAR	C	0.05%	0.12%	0.05%
MAS	D	0.02%	0.19%	0.02%
MCHP	C	0.03%	0.13%	0.03%
MCK	B	0.5%	0.21%	0.21%
MCO	A	0.03%	0.04%	0.03%
MDLZ	D	0.29%	0.2%	0.2%
MET	D	0.18%	0.21%	0.18%
MKC	D	0.04%	0.23%	0.04%
MMC	A	0.13%	0.04%	0.04%
MMM	B	0.06%	0.18%	0.06%
MOH	F	0.07%	0.27%	0.07%
MOS	F	1.68%	0.09%	0.09%
MPWR	A	0.01%	0.23%	0.01%
MRK	C	1.71%	0.26%	0.26%
MRNA	D	0.3%	0.22%	0.22%
MS	B	0.34%	0.26%	0.26%
MSCI	C	0.01%	0.04%	0.01%
MSFT	A	2.57%	0.35%	0.35%
MSI	B	0.02%	0.53%	0.02%
MTB	B	0.03%	0.06%	0.03%
MTCH	F	0.01%	0.44%	0.01%
MTD	C	0.08%	0.14%	0.08%
MU	C	0.14%	0.13%	0.13%
NDAQ	C	0.02%	0.05%	0.02%
NDSN	D	0.0%	0.03%	0.0%
NFLX	A	0.09%	0.23%	0.09%
NOW	B	0.02%	0.37%	0.02%
NSC	D	0.0%	0.08%	0.0%
NTAP	A	0.04%	0.21%	0.04%
NTRS	B	0.04%	0.09%	0.04%
NVDA	B	0.12%	0.13%	0.12%
NVR	D	0.04%	0.26%	0.04%
NWS	A	0.03%	0.11%	0.03%
O	D	0.01%	0.07%	0.01%
OMC	D	0.05%	0.35%	0.05%
ON	D	0.03%	0.22%	0.03%
ORCL	A	0.19%	0.35%	0.19%
ORLY	C	0.04%	0.17%	0.04%
OTIS	B	0.02%	0.08%	0.02%
PANW	B	0.01%	0.19%	0.01%
PAYC	F	0.01%	0.23%	0.01%
PAYX	D	0.02%	0.22%	0.02%
PEP	D	0.37%	0.2%	0.2%
PFE	D	1.56%	0.26%	0.26%
PFG	D	0.05%	0.21%	0.05%
PG	C	3.97%	0.44%	0.44%
PGR	B	0.21%	0.27%	0.21%
PH	C	0.03%	0.08%	0.03%
PHM	D	0.06%	0.25%	0.06%
PLD	C	0.03%	0.07%	0.03%
PNC	C	0.1%	0.06%	0.06%
PODD	C	0.07%	0.11%	0.07%
POOL	F	0.0%	0.12%	0.0%
PPG	D	0.03%	0.07%	0.03%
PRU	A	0.16%	0.21%	0.16%
PSA	B	0.01%	0.12%	0.01%
PTC	B	0.0%	0.18%	0.0%
PWR	D	0.02%	0.38%	0.02%
PYPL	D	0.07%	0.06%	0.06%
QCOM	B	0.16%	0.21%	0.16%
QRVO	B	0.01%	0.23%	0.01%
REG	C	0.01%	0.07%	0.01%
REGN	B	0.68%	0.26%	0.26%
RF	B	0.03%	0.06%	0.03%
RJF	D	0.05%	0.27%	0.05%
RMD	D	0.17%	0.09%	0.09%
ROK	D	0.02%	0.03%	0.02%
ROP	B	0.02%	0.03%	0.02%
ROST	B	0.03%	0.78%	0.03%
RSG	A	0.04%	0.2%	0.04%
SBAC	F	0.01%	0.07%	0.01%
SCHW	C	0.07%	0.26%	0.07%
SHW	D	0.04%	0.07%	0.04%
SJM	F	0.48%	0.22%	0.22%
SMCI	C	0.03%	0.22%	0.03%
SNA	F	0.01%	0.25%	0.01%
SNPS	B	0.02%	0.35%	0.02%
SOLV	F	0.13%	0.05%	0.05%
SPG	B	0.03%	0.07%	0.03%
SPGI	B	0.03%	0.04%	0.03%
STT	C	0.08%	0.12%	0.08%
SWK	F	0.04%	0.25%	0.04%
SWKS	C	0.03%	0.23%	0.03%
SYF	B	0.07%	0.73%	0.07%
SYK	C	1.11%	0.13%	0.13%
SYY	D	0.07%	0.79%	0.07%
T	B	0.88%	0.37%	0.37%
TECH	D	0.06%	0.14%	0.06%
TER	A	0.02%	0.18%	0.02%
TFC	B	0.1%	0.06%	0.06%
TFX	D	0.17%	0.05%	0.05%
TGT	D	0.12%	0.18%	0.12%
TJX	B	0.07%	0.79%	0.07%
TMO	D	0.81%	0.14%	0.14%
TMUS	B	0.4%	0.35%	0.35%
TRMB	D	0.01%	0.03%	0.01%
TROW	C	0.04%	0.09%	0.04%
TRV	D	0.15%	0.15%	0.15%
TSCO	D	0.02%	0.12%	0.02%
TSLA	B	0.17%	0.29%	0.17%
TTWO	C	0.01%	0.51%	0.01%
TXN	B	0.1%	0.23%	0.1%
TYL	B	0.01%	0.36%	0.01%
UDR	B	0.03%	0.12%	0.03%
UHS	B	0.22%	0.35%	0.22%
ULTA	D	0.01%	0.17%	0.01%
UNH	D	0.94%	0.27%	0.27%
UNP	D	0.02%	0.09%	0.02%
UPS	F	0.03%	0.09%	0.03%
URI	C	0.01%	0.13%	0.01%
USB	C	0.12%	0.06%	0.06%
V	D	0.15%	0.04%	0.04%
VLTO	D	0.34%	0.03%	0.03%
VRSK	A	0.01%	0.04%	0.01%
VRSN	C	0.01%	0.27%	0.01%
VRTX	B	0.65%	0.26%	0.26%
VTR	A	0.06%	0.12%	0.06%
VTRS	F	0.24%	0.27%	0.24%
VZ	B	0.9%	0.35%	0.35%
WAT	F	0.05%	0.14%	0.05%
WBA	F	0.18%	0.54%	0.18%
WBD	F	0.06%	0.21%	0.06%
WDC	B	0.11%	0.2%	0.11%
WELL	A	0.02%	0.11%	0.02%
WFC	C	0.41%	0.13%	0.13%
WM	B	0.06%	0.2%	0.06%
WMT	A	1.08%	0.79%	0.79%
WRB	C	0.04%	0.15%	0.04%
WST	F	0.06%	0.05%	0.05%
XYL	D	0.01%	0.19%	0.01%
ZBH	F	0.43%	0.13%	0.13%
ZBRA	C	0.03%	0.13%	0.03%

HKND Overweight 629 Positions Relative to SSPY

Symbol	Grade	Weight
DELL	B	0.89%
AGCO	F	0.58%
INGR	D	0.46%
FDP	F	0.44%
THC	B	0.33%
SPB	D	0.27%
FELE	D	0.25%
ALNY	A	0.16%
ZWS	D	0.14%
AVTR	F	0.13%
ENOV	F	0.13%
RUN	F	0.13%
OGN	C	0.11%
ICUI	B	0.11%
AHCO	D	0.11%
FTRE	D	0.1%
IART	C	0.1%
RPRX	F	0.1%
BMRN	D	0.1%
SEM	A	0.1%
FLO	D	0.09%
UTHR	B	0.09%
MAN	D	0.09%
ILMN	F	0.09%
ACM	D	0.08%
NBIX	C	0.08%
SRPT	C	0.08%
POST	C	0.08%
DXC	C	0.08%
RDNT	B	0.08%
WTRG	D	0.08%
MASI	F	0.08%
LUMN	F	0.08%
KD	B	0.07%
FNF	D	0.07%
LXU	F	0.07%
UAN	D	0.07%
ACI	F	0.07%
ALG	F	0.07%
CWT	D	0.07%
EHC	A	0.07%
TITN	F	0.07%
MMSI	A	0.07%
ITGR	D	0.07%
CNMD	F	0.06%
SNX	D	0.06%
RGA	B	0.06%
GMED	A	0.06%
EMBC	D	0.06%
WHR	C	0.05%
OPK	F	0.05%
MEDP	C	0.05%
LNC	B	0.05%
SJW	F	0.05%
TTC	C	0.05%
MKL	D	0.05%
BRKR	F	0.05%
AVNS	F	0.05%
SUI	C	0.05%
SQ	D	0.05%
EXEL	C	0.05%
IONS	B	0.05%
SMG	D	0.05%
EQH	B	0.05%
ALLY	B	0.05%
INSM	C	0.05%
WLK	D	0.05%
BERY	D	0.05%
HAE	D	0.05%
CRBG	C	0.05%
SCSC	D	0.04%
HALO	B	0.04%
OPCH	F	0.04%
WMG	D	0.04%
HUN	F	0.04%
ORI	C	0.04%
BPMC	B	0.04%
ITCI	C	0.04%
CR	B	0.04%
LNN	D	0.04%
OMI	F	0.04%
TOL	D	0.04%
LPLA	B	0.04%
GME	C	0.04%
ROKU	D	0.04%
PEN	F	0.04%
AWR	D	0.04%
JEF	A	0.04%
UNFI	C	0.04%
FAF	D	0.04%
NOVT	C	0.04%
AYI	C	0.04%
CHWY	C	0.04%
JLL	B	0.04%
GXO	D	0.04%
AMED	A	0.03%
GPS	C	0.03%
SIRI	C	0.03%
MDGL	C	0.03%
OFIX	D	0.03%
ARW	D	0.03%
CG	D	0.03%
IRDM	F	0.03%
KBH	C	0.03%
APO	A	0.03%
ABM	B	0.03%
ENR	C	0.03%
DAR	D	0.03%
AMRX	C	0.03%
NSP	F	0.03%
MIDD	F	0.03%
RS	D	0.03%
RHI	F	0.03%
USM	B	0.03%
NEO	D	0.03%
CERE	D	0.03%
MD	F	0.03%
FLGT	F	0.03%
ENSG	A	0.03%
HWKN	A	0.03%
TDS	B	0.03%
CYTK	D	0.03%
RVMD	D	0.03%
SMMT	C	0.03%
VKTX	D	0.03%
SNEX	B	0.03%
LNTH	C	0.03%
EXAS	F	0.03%
TMHC	D	0.03%
AFG	D	0.03%
SGRY	F	0.03%
ELS	C	0.03%
AMKR	B	0.03%
SANM	B	0.03%
RKT	C	0.03%
TNDM	D	0.03%
AMH	A	0.03%
CNXN	D	0.03%
UNM	D	0.03%
LBRDA	C	0.03%
PCVX	B	0.03%
KLG	D	0.03%
FYBR	B	0.03%
EVR	A	0.02%
PTCT	D	0.02%
IBKR	B	0.02%
UTZ	D	0.02%
XRAY	F	0.02%
CMA	C	0.02%
NATL	A	0.02%
R	B	0.02%
MCY	C	0.02%
BCO	B	0.02%
CRNX	D	0.02%
CENTA	F	0.02%
BHF	D	0.02%
MHO	D	0.02%
SMPL	D	0.02%
ALIT	F	0.02%
AVT	D	0.02%
EME	D	0.02%
LECO	F	0.02%
ATRC	D	0.02%
ARWR	C	0.02%
TPG	D	0.02%
FCN	C	0.02%
COOP	C	0.02%
CCS	F	0.02%
AXSM	B	0.02%
DOX	D	0.02%
OPEN	F	0.02%
TPH	D	0.02%
FOLD	F	0.02%
RARE	F	0.02%
CNXC	C	0.02%
PFSI	A	0.02%
GKOS	A	0.02%
SRCL	A	0.02%
ADTN	F	0.02%
OMF	C	0.02%
CORT	C	0.02%
AGL	D	0.02%
ZG	C	0.02%
BKD	C	0.02%
BBIO	D	0.02%
ADV	D	0.02%
ACAD	D	0.02%
WTS	D	0.02%
THG	C	0.02%
WMS	D	0.02%
NUVL	C	0.02%
TNET	F	0.02%
GH	C	0.02%
KELYA	C	0.02%
XRX	F	0.02%
SSNC	B	0.02%
JJSF	B	0.02%
MTH	D	0.02%
THS	C	0.02%
ENTG	B	0.02%
APLS	F	0.02%
REZI	D	0.02%
WSO	B	0.02%
KMPR	C	0.02%
JXN	B	0.02%
KRYS	C	0.02%
LILAK	B	0.02%
AAP	F	0.02%
TWI	F	0.02%
WU	D	0.02%
GNW	D	0.02%
DKS	C	0.02%
GFS	C	0.02%
CHE	D	0.02%
SF	B	0.02%
CSL	C	0.02%
MMS	B	0.02%
VOYA	D	0.02%
AZTA	D	0.02%
LBPH	B	0.01%
APAM	D	0.01%
MODG	D	0.01%
FLS	D	0.01%
UI	B	0.01%
COTY	F	0.01%
NRIX	C	0.01%
ONB	B	0.01%
SFM	B	0.01%
TOST	C	0.01%
ONTO	B	0.01%
WTM	C	0.01%
DLB	D	0.01%
KIDS	D	0.01%
PRLB	D	0.01%
PGNY	D	0.01%
FRPT	A	0.01%
ELVN	C	0.01%
KE	F	0.01%
YORW	C	0.01%
PJT	A	0.01%
BXC	F	0.01%
VEEV	F	0.01%
DBX	D	0.01%
FDMT	D	0.01%
AEO	F	0.01%
OZK	D	0.01%
WGO	F	0.01%
WH	C	0.01%
IRTC	D	0.01%
CMC	D	0.01%
MTN	F	0.01%
TDOC	F	0.01%
DAWN	F	0.01%
SSB	D	0.01%
TCBI	B	0.01%
SAGE	F	0.01%
BRX	B	0.01%
BKU	B	0.01%
FIX	C	0.01%
SSYS	F	0.01%
VZIO	B	0.01%
FOUR	B	0.01%
PB	C	0.01%
NYT	A	0.01%
PLUS	C	0.01%
KNF	D	0.01%
CADE	C	0.01%
GSAT	D	0.01%
SCHL	F	0.01%
RLI	D	0.01%
HMN	D	0.01%
MC	A	0.01%
SANA	F	0.01%
URBN	C	0.01%
SKY	F	0.01%
BCRX	B	0.01%
ASB	C	0.01%
MDXG	D	0.01%
WD	D	0.01%
WPC	D	0.01%
TVTX	C	0.01%
VNT	D	0.01%
IPGP	D	0.01%
NGVT	F	0.01%
DNA	F	0.01%
UMBF	B	0.01%
HWC	B	0.01%
FG	D	0.01%
GRBK	C	0.01%
HGV	F	0.01%
KURA	D	0.01%
VSAT	F	0.01%
IMVT	F	0.01%
TRUP	B	0.01%
ACT	B	0.01%
CC	F	0.01%
SITE	F	0.01%
SYNA	D	0.01%
PII	F	0.01%
LCII	F	0.01%
FNB	C	0.01%
ANF	B	0.01%
TMCI	F	0.01%
ACIW	A	0.01%
PRG	D	0.01%
IDT	C	0.01%
PNFP	D	0.01%
CNM	D	0.01%
APG	C	0.01%
DIOD	D	0.01%
VLY	F	0.01%
CBSH	C	0.01%
KWR	D	0.01%
HURN	C	0.01%
LFUS	C	0.01%
KFRC	D	0.01%
WBS	D	0.01%
SILK	B	0.01%
FND	F	0.01%
CFR	D	0.01%
MSM	F	0.01%
MNKD	C	0.01%
XNCR	F	0.01%
RXRX	F	0.01%
CCRN	F	0.01%
EXLS	B	0.01%
ASIX	F	0.01%
IAC	F	0.01%
CRUS	A	0.01%
TDC	C	0.01%
AKRO	D	0.01%
CRVL	B	0.01%
DFH	F	0.01%
MTG	B	0.01%
HTH	C	0.01%
IOSP	D	0.01%
CABO	F	0.01%
FHI	B	0.01%
PIPR	A	0.01%
NYCB	D	0.01%
BEAM	D	0.01%
MIRM	B	0.01%
NMRK	C	0.01%
FNA	F	0.01%
TGNA	D	0.01%
UHAL	C	0.01%
RDN	B	0.01%
BECN	D	0.01%
EXPI	F	0.01%
SBH	C	0.01%
PTGX	B	0.01%
UCTT	A	0.01%
LAMR	A	0.01%
BRC	B	0.01%
AXNX	B	0.01%
WTFC	C	0.01%
SXT	D	0.01%
RYAN	C	0.01%
MORF	C	0.01%
PINC	F	0.01%
HLI	A	0.01%
BCC	F	0.01%
KROS	F	0.01%
AXTA	C	0.01%
MORN	B	0.01%
RCM	F	0.01%
UNF	B	0.01%
IRT	A	0.01%
CACC	B	0.01%
ENS	C	0.01%
EVH	F	0.01%
ARVN	F	0.01%
RCKT	F	0.01%
NTLA	F	0.01%
CSTL	D	0.01%
LANC	C	0.01%
CRSR	F	0.01%
ASTH	C	0.01%
SNDX	D	0.01%
INVA	B	0.01%
BGC	C	0.01%
CPRX	D	0.01%
EWTX	C	0.01%
TNC	D	0.01%
BOKF	C	0.01%
ARDX	F	0.01%
TEX	D	0.01%
WAL	B	0.01%
AIV	B	0.01%
ANIP	D	0.01%
KYMR	D	0.01%
RGEN	F	0.01%
LMAT	B	0.01%
ACHC	F	0.01%
COLL	D	0.01%
VNO	B	0.01%
VERA	D	0.01%
UFPI	D	0.01%
RRX	F	0.01%
PSTG	C	0.01%
TTMI	A	0.01%
NVST	F	0.01%
STGW	C	0.01%
ADMA	B	0.01%
COIN	D	0.01%
TNL	D	0.01%
CNDT	D	0.01%
JBSS	D	0.01%
VRT	C	0.01%
KFY	B	0.01%
ICFI	D	0.01%
VAC	F	0.01%
BGS	F	0.01%
SEIC	C	0.01%
EWBC	C	0.01%
BZH	F	0.01%
KEX	B	0.01%
SPTN	F	0.01%
MRVI	F	0.01%
HOV	D	0.01%
LGF.A	F	0.01%
HRB	A	0.01%
ADUS	B	0.01%
CGON	F	0.01%
BC	F	0.01%
CIEN	F	0.01%
FCNCA	C	0.01%
LGIH	F	0.01%
GT	F	0.01%
LGND	B	0.01%
SNV	A	0.01%
CNO	B	0.01%
AGIO	C	0.01%
DVAX	F	0.01%
PBH	C	0.01%
ASGN	D	0.01%
INSP	F	0.01%
TRU	C	0.01%
JANX	D	0.01%
HRMY	B	0.01%
ERIE	C	0.01%
ASH	D	0.01%
ACLX	B	0.01%
IRWD	F	0.01%
RYTM	C	0.01%
GERN	C	0.01%
BHE	B	0.01%
THO	D	0.01%
PCRX	F	0.01%
H	C	0.01%
WDAY	D	0.01%
UWMC	C	0.01%
CLDX	D	0.01%
DYN	C	0.01%
AIT	B	0.01%
VCEL	D	0.01%
AMRK	D	0.01%
NVAX	C	0.01%
EEFT	D	0.01%
NHC	A	0.01%
IDYA	F	0.01%
ESAB	D	0.01%
WCC	D	0.01%
ATEC	F	0.01%
AMG	D	0.01%
NSIT	B	0.01%
ARES	C	0.01%
NTRA	B	0.01%
NXST	C	0.01%
SEE	D	0.01%
SWTX	D	0.01%
CLH	B	0.01%
TGTX	B	0.01%
ESI	B	0.01%
MSEX	D	0.01%
IOVA	F	0.01%
TWST	C	0.01%
PRVA	D	0.01%
VIR	F	0.01%
COMP	D	0.01%
NWL	F	0.01%
BURL	B	0.01%
UFPT	A	0.01%
VSH	D	0.01%
PDCO	F	0.01%
SUPN	F	0.01%
MYGN	B	0.01%
HAIN	D	0.01%
MRVL	C	0.01%
ATR	D	0.01%
AMPH	F	0.01%
COHR	A	0.01%
NARI	C	0.01%
PLXS	C	0.01%
ZION	B	0.01%
FHN	C	0.01%
SIGI	F	0.01%
TXG	F	0.01%
EDR	A	0.01%
DNLI	C	0.01%
SCI	C	0.01%
FL	D	0.01%
TTEK	C	0.01%
STC	C	0.01%
AMN	F	0.01%
RNA	C	0.01%
AVTE	F	0.0%
VIRT	C	0.0%
OABI	F	0.0%
ZNTL	F	0.0%
LYEL	F	0.0%
CABA	F	0.0%
ALXO	F	0.0%
QTRX	F	0.0%
ABSI	F	0.0%
PRME	F	0.0%
ABUS	B	0.0%
ALT	F	0.0%
ORIC	F	0.0%
BLFS	C	0.0%
EYPT	F	0.0%
OSCR	D	0.0%
CTKB	D	0.0%
SAVA	F	0.0%
CELC	B	0.0%
PHAT	C	0.0%
APLT	D	0.0%
STOK	D	0.0%
NUVB	D	0.0%
MNMD	D	0.0%
SVRA	D	0.0%
PLAB	D	0.0%
PLRX	F	0.0%
ALEC	F	0.0%
HLVX	D	0.0%
MLYS	D	0.0%
OLMA	D	0.0%
COLB	C	0.0%
TW	C	0.0%
ALGM	C	0.0%
PCTY	F	0.0%
WAFD	C	0.0%
YMAB	D	0.0%
MMI	D	0.0%
MSGS	B	0.0%
ITRI	C	0.0%
LFST	D	0.0%
ARCT	F	0.0%
ZEUS	F	0.0%
CNS	B	0.0%
MLI	C	0.0%
BSY	D	0.0%
DFIN	D	0.0%
UCBI	D	0.0%
CRAI	C	0.0%
CBT	D	0.0%
HSII	D	0.0%
PLAY	F	0.0%
WSFS	B	0.0%
ETNB	F	0.0%
GGG	D	0.0%
FIVE	F	0.0%
FORM	A	0.0%
ANAB	B	0.0%
COGT	C	0.0%
SAFT	D	0.0%
FHB	C	0.0%
EOLS	D	0.0%
IMNM	F	0.0%
SONO	F	0.0%
RLAY	F	0.0%
TYRA	D	0.0%
IBP	D	0.0%
TTD	A	0.0%
GBCI	D	0.0%
SPRY	C	0.0%
SRRK	F	0.0%
CHH	C	0.0%
NVEE	F	0.0%
GIC	F	0.0%
SIGA	D	0.0%
AEIS	C	0.0%
VRDN	F	0.0%
ARQT	B	0.0%
CATY	C	0.0%
REYN	D	0.0%
ITT	D	0.0%
GOLF	C	0.0%
HOMB	C	0.0%
CBZ	C	0.0%
SLAB	D	0.0%
LQDA	D	0.0%
VCTR	C	0.0%
AZZ	D	0.0%
UFCS	D	0.0%
AVO	D	0.0%
UVE	D	0.0%
CGEM	D	0.0%
RCUS	F	0.0%
SFNC	D	0.0%
CTS	D	0.0%
TRIP	F	0.0%
NX	F	0.0%
STEP	A	0.0%
VCYT	C	0.0%
CNA	B	0.0%
TKR	D	0.0%
RGNX	F	0.0%
DCI	D	0.0%
SIBN	F	0.0%
IRON	C	0.0%
FULT	D	0.0%
USPH	F	0.0%
HZO	C	0.0%
DORM	C	0.0%
GTES	D	0.0%
UBSI	D	0.0%
OCUL	C	0.0%
TARS	D	0.0%
SATS	B	0.0%
BBSI	B	0.0%
APP	A	0.0%
MAT	F	0.0%
ROG	C	0.0%
PNTG	A	0.0%
CVCO	D	0.0%
GMS	F	0.0%
MGNX	F	0.0%
ABCB	B	0.0%

HKND Underweight 164 Positions Relative to SSPY

Symbol	Grade	Weight
XOM	C	-0.82%
CVX	D	-0.79%
MPC	D	-0.53%
PSX	D	-0.53%
MCD	F	-0.53%
DRI	D	-0.53%
VLO	C	-0.53%
BRK.A	D	-0.52%
CMG	C	-0.51%
SBUX	F	-0.51%
DPZ	C	-0.51%
YUM	D	-0.5%
META	B	-0.47%
TSN	D	-0.41%
MO	A	-0.4%
PM	B	-0.39%
SLB	C	-0.38%
APTV	F	-0.38%
BKR	B	-0.38%
BWA	F	-0.38%
HRL	F	-0.38%
ATO	C	-0.35%
GRMN	C	-0.35%
HAL	F	-0.35%
NI	B	-0.35%
DECK	C	-0.31%
AES	D	-0.31%
VST	C	-0.31%
TPR	C	-0.31%
NRG	C	-0.31%
NKE	F	-0.31%
LULU	F	-0.31%
CEG	C	-0.3%
EXC	D	-0.3%
RL	C	-0.3%
TRGP	A	-0.28%
WMB	A	-0.27%
NEM	B	-0.27%
ZTS	C	-0.27%
OKE	A	-0.27%
STLD	D	-0.27%
F	B	-0.27%
MNST	F	-0.27%
ED	D	-0.26%
DTE	D	-0.26%
FE	C	-0.26%
ETR	D	-0.26%
NUE	D	-0.26%
CNP	B	-0.26%
AEP	D	-0.26%
FCX	C	-0.26%
PEG	A	-0.26%
STZ	C	-0.26%
KMI	A	-0.26%
NEE	D	-0.26%
TAP	F	-0.26%
GM	B	-0.25%
ETN	C	-0.25%
D	C	-0.25%
EIX	D	-0.25%
CPRT	C	-0.24%
GOOG	A	-0.24%
NXPI	B	-0.23%
KHC	D	-0.22%
STX	B	-0.21%
PARA	D	-0.21%
LW	F	-0.21%
TEL	B	-0.2%
ROL	A	-0.2%
MHK	D	-0.19%
UAL	D	-0.19%
PNR	D	-0.19%
DAL	D	-0.19%
AAL	F	-0.19%
LUV	B	-0.19%
GE	C	-0.18%
GEV	C	-0.18%
DVN	C	-0.18%
BA	C	-0.18%
HON	B	-0.18%
DG	F	-0.18%
WY	F	-0.17%
VMC	D	-0.17%
DLTR	F	-0.17%
GD	D	-0.17%
CTRA	D	-0.17%
CRWD	A	-0.17%
TXT	D	-0.17%
MLM	D	-0.16%
KMX	B	-0.16%
EQT	D	-0.16%
ACN	C	-0.15%
CB	C	-0.15%
ETSY	F	-0.15%
ACGL	C	-0.15%
EG	D	-0.15%
LDOS	B	-0.14%
PCAR	D	-0.13%
AMCR	D	-0.13%
STE	D	-0.13%
WAB	D	-0.13%
CAT	C	-0.13%
UBER	B	-0.12%
BALL	D	-0.12%
NWSA	A	-0.11%
FOXA	A	-0.11%
NCLH	C	-0.1%
CCL	C	-0.1%
JBHT	F	-0.09%
ODFL	D	-0.09%
NOC	D	-0.09%
LHX	A	-0.09%
BX	C	-0.09%
LMT	B	-0.09%
EXPD	B	-0.09%
AXON	C	-0.09%
HII	D	-0.09%
CHRW	C	-0.09%
RCL	B	-0.09%
HES	C	-0.08%
PCG	D	-0.08%
ES	D	-0.08%
COP	D	-0.08%
MRO	B	-0.08%
APA	D	-0.08%
EOG	C	-0.08%
ALLE	D	-0.08%
OXY	D	-0.08%
DUK	D	-0.08%
PPL	D	-0.08%
HWM	C	-0.08%
PNW	D	-0.08%
WEC	D	-0.08%
SO	B	-0.08%
SRE	B	-0.08%
XEL	D	-0.08%
TT	B	-0.08%
FANG	A	-0.08%
AEE	D	-0.08%
CMS	D	-0.08%
EVRG	D	-0.08%
LNT	C	-0.08%
KKR	C	-0.08%
RTX	D	-0.08%
PKG	C	-0.07%
VICI	D	-0.07%
WYNN	F	-0.07%
LVS	F	-0.07%
LYB	D	-0.07%
TDG	D	-0.07%
CZR	C	-0.07%
MGM	B	-0.07%
JCI	D	-0.07%
IP	C	-0.06%
AVY	D	-0.06%
MDT	D	-0.06%
WRK	D	-0.06%
CBOE	D	-0.05%
MKTX	F	-0.05%
CPAY	D	-0.05%
LIN	C	-0.05%
AON	C	-0.04%
WTW	B	-0.04%
TDY	D	-0.03%