HKND vs. VFVA ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Vanguard Wellington Fund ETF (VFVA)

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

$32.81

Average Daily Volume

3,746

Number of Holdings ^*

952

* may have additional holdings in another (foreign) market

VFVA

Vanguard Wellington Fund ETF

VFVA Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively lower share prices relative to fundamental values as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$120.55

Average Daily Volume

25,882

Number of Holdings ^*

556

* may have additional holdings in another (foreign) market

Performance

Period	HKND	VFVA
30 Days	0.27%	2.94%
60 Days	6.66%	8.47%
90 Days	5.32%	8.97%
12 Months	23.45%	27.77%

239 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in VFVA	Overlap
AAP	F	0.02%	0.14%	0.02%
ABCB	C	0.01%	0.15%	0.01%
ACT	B	0.01%	0.02%	0.01%
ADM	F	1.55%	0.44%	0.44%
AFL	A	0.08%	0.1%	0.08%
AGCO	D	0.7%	0.15%	0.15%
AHCO	D	0.11%	0.17%	0.11%
AIG	C	0.22%	0.58%	0.22%
ALIT	D	0.02%	0.06%	0.02%
ALL	A	0.21%	0.19%	0.19%
ALLY	F	0.04%	0.32%	0.04%
AMG	B	0.01%	0.2%	0.01%
AMKR	F	0.02%	0.13%	0.02%
AMRX	B	0.03%	0.03%	0.03%
ARW	C	0.03%	0.18%	0.03%
ASB	D	0.01%	0.14%	0.01%
ASGN	D	0.01%	0.06%	0.01%
ASIX	A	0.01%	0.1%	0.01%
AVT	B	0.02%	0.19%	0.02%
AZO	D	0.04%	0.28%	0.04%
BAC	B	0.5%	0.88%	0.5%
BBWI	F	0.02%	0.2%	0.02%
BC	C	0.01%	0.07%	0.01%
BCC	C	0.01%	0.02%	0.01%
BDX	C	1.14%	0.15%	0.15%
BEN	F	0.03%	0.06%	0.03%
BERY	C	0.06%	0.37%	0.06%
BG	F	0.9%	0.26%	0.26%
BGS	D	0.01%	0.17%	0.01%
BHF	D	0.02%	0.24%	0.02%
BK	A	0.11%	0.47%	0.11%
BKU	D	0.01%	0.16%	0.01%
BLDR	C	0.02%	0.06%	0.02%
BMY	A	0.91%	0.76%	0.76%
BOKF	B	0.01%	0.08%	0.01%
BXC	D	0.01%	0.15%	0.01%
BZH	C	0.01%	0.15%	0.01%
C	B	0.4%	0.84%	0.4%
CABO	F	0.01%	0.13%	0.01%
CADE	B	0.01%	0.16%	0.01%
CAG	D	0.36%	0.28%	0.28%
CAH	B	0.3%	0.34%	0.3%
CATY	B	0.0%	0.09%	0.0%
CC	D	0.01%	0.03%	0.01%
CCRN	F	0.01%	0.06%	0.01%
CCS	C	0.02%	0.2%	0.02%
CE	D	0.01%	0.33%	0.01%
CF	A	0.97%	0.11%	0.11%
CFG	C	0.03%	0.18%	0.03%
CFR	B	0.01%	0.03%	0.01%
CG	B	0.03%	0.04%	0.03%
CI	D	1.06%	0.67%	0.67%
CMA	C	0.02%	0.14%	0.02%
CMC	D	0.01%	0.15%	0.01%
CMCSA	B	0.68%	0.98%	0.68%
CNA	D	0.0%	0.09%	0.0%
CNC	F	0.33%	0.17%	0.17%
CNDT	B	0.01%	0.05%	0.01%
CNO	B	0.01%	0.04%	0.01%
CNXC	F	0.01%	0.27%	0.01%
COF	A	0.17%	0.69%	0.17%
COHR	B	0.01%	0.11%	0.01%
COLB	C	0.0%	0.29%	0.0%
COOP	B	0.02%	0.13%	0.02%
CRBG	B	0.06%	0.02%	0.02%
CSCO	A	0.17%	0.14%	0.14%
CVS	D	0.48%	1.02%	0.48%
DAR	F	0.03%	0.19%	0.03%
DBX	C	0.01%	0.09%	0.01%
DE	C	2.05%	0.08%	0.08%
DGX	D	0.6%	0.04%	0.04%
DHI	C	0.16%	0.26%	0.16%
DOW	B	0.21%	0.2%	0.2%
DXC	C	0.07%	0.23%	0.07%
EBAY	A	0.06%	0.04%	0.04%
ELV	F	0.4%	0.08%	0.08%
EMBC	F	0.07%	0.07%	0.07%
EMN	C	0.01%	0.09%	0.01%
ENS	B	0.01%	0.03%	0.01%
EQH	B	0.05%	0.08%	0.05%
ESI	C	0.01%	0.03%	0.01%
EWBC	B	0.01%	0.08%	0.01%
FAF	C	0.05%	0.07%	0.05%
FCNCA	D	0.01%	0.13%	0.01%
FDP	C	0.5%	0.09%	0.09%
FDX	F	0.01%	1.09%	0.01%
FHN	D	0.01%	0.18%	0.01%
FIS	A	0.03%	0.25%	0.03%
FNB	D	0.01%	0.21%	0.01%
FNF	C	0.07%	0.13%	0.07%
FOX	B	0.06%	0.39%	0.06%
FULT	D	0.0%	0.15%	0.0%
GILD	A	0.77%	0.58%	0.58%
GIS	C	0.3%	0.19%	0.19%
GL	C	0.02%	0.07%	0.02%
GNW	A	0.03%	0.12%	0.03%
GPN	F	0.03%	0.02%	0.02%
GRBK	C	0.01%	0.1%	0.01%
GS	B	0.33%	0.46%	0.33%
GT	F	0.01%	0.2%	0.01%
GTES	C	0.01%	0.3%	0.01%
HAIN	C	0.02%	0.15%	0.02%
HBAN	B	0.03%	0.07%	0.03%
HCA	C	0.98%	0.69%	0.69%
HGV	F	0.01%	0.04%	0.01%
HIG	A	0.1%	0.07%	0.07%
HOMB	D	0.0%	0.02%	0.0%
HOV	D	0.01%	0.1%	0.01%
HPE	B	0.21%	0.27%	0.21%
HPQ	B	0.76%	0.5%	0.5%
HRB	C	0.01%	0.17%	0.01%
HUM	F	0.25%	0.27%	0.25%
HWC	D	0.01%	0.2%	0.01%
IART	F	0.07%	0.04%	0.04%
IBM	A	0.26%	0.16%	0.16%
INGR	B	0.49%	0.16%	0.16%
INTC	D	1.7%	0.25%	0.25%
IRWD	F	0.01%	0.14%	0.01%
IVZ	A	0.03%	0.18%	0.03%
JEF	A	0.04%	0.23%	0.04%
JLL	C	0.05%	0.14%	0.05%
JNJ	D	2.07%	0.19%	0.19%
JPM	C	0.67%	0.64%	0.64%
JXN	A	0.02%	0.09%	0.02%
KBH	D	0.03%	0.23%	0.03%
KELYA	D	0.02%	0.05%	0.02%
KEY	B	0.04%	0.18%	0.04%
KFY	C	0.01%	0.07%	0.01%
KR	C	0.22%	0.22%	0.22%
LEN	C	0.14%	0.21%	0.14%
LEN	C	0.14%	0.26%	0.14%
LILAK	D	0.02%	0.22%	0.02%
LKQ	F	0.04%	0.08%	0.04%
LNC	B	0.05%	0.35%	0.05%
LXU	C	0.08%	0.05%	0.05%
MAN	D	0.1%	0.13%	0.1%
MCK	F	0.42%	0.48%	0.42%
MD	B	0.03%	0.15%	0.03%
MET	A	0.21%	0.49%	0.21%
MHO	C	0.02%	0.15%	0.02%
MKL	B	0.05%	0.04%	0.04%
MLI	B	0.0%	0.19%	0.0%
MMM	C	0.06%	0.06%	0.06%
MOS	F	1.66%	0.19%	0.19%
MS	A	0.35%	0.34%	0.34%
MTB	A	0.03%	0.18%	0.03%
MTG	A	0.01%	0.3%	0.01%
MTH	C	0.03%	0.21%	0.03%
NMRK	C	0.01%	0.14%	0.01%
NVST	D	0.01%	0.16%	0.01%
NWL	D	0.02%	0.21%	0.02%
NX	F	0.01%	0.1%	0.01%
NXST	D	0.01%	0.06%	0.01%
OGN	F	0.1%	0.23%	0.1%
OMF	D	0.02%	0.14%	0.02%
OMI	F	0.05%	0.11%	0.05%
ONB	D	0.01%	0.27%	0.01%
ORI	A	0.04%	0.13%	0.04%
OZK	D	0.01%	0.13%	0.01%
PB	D	0.01%	0.17%	0.01%
PCRX	D	0.01%	0.06%	0.01%
PFE	D	1.58%	0.65%	0.65%
PFG	A	0.06%	0.06%	0.06%
PFSI	C	0.02%	0.05%	0.02%
PHM	C	0.08%	0.33%	0.08%
PINC	F	0.01%	0.15%	0.01%
PLAB	D	0.0%	0.05%	0.0%
PNC	C	0.1%	0.31%	0.1%
PNFP	B	0.01%	0.1%	0.01%
PRU	B	0.17%	0.45%	0.17%
PYPL	A	0.09%	0.2%	0.09%
QCOM	D	0.15%	0.07%	0.07%
QRVO	F	0.01%	0.15%	0.01%
R	C	0.02%	0.41%	0.02%
RDN	D	0.01%	0.28%	0.01%
REZI	D	0.03%	0.16%	0.03%
RF	B	0.03%	0.11%	0.03%
RGA	B	0.06%	0.05%	0.05%
RJF	B	0.05%	0.09%	0.05%
RPRX	D	0.11%	0.19%	0.11%
RRX	B	0.01%	0.11%	0.01%
RS	D	0.03%	0.02%	0.02%
SANM	D	0.03%	0.08%	0.03%
SBH	B	0.01%	0.14%	0.01%
SCHL	F	0.01%	0.09%	0.01%
SCHW	D	0.07%	0.12%	0.07%
SCSC	D	0.04%	0.09%	0.04%
SF	A	0.03%	0.14%	0.03%
SFNC	B	0.0%	0.04%	0.0%
SNEX	B	0.03%	0.07%	0.03%
SNV	D	0.01%	0.24%	0.01%
SNX	C	0.06%	0.19%	0.06%
SPTN	C	0.01%	0.12%	0.01%
SSB	C	0.01%	0.1%	0.01%
SSNC	C	0.02%	0.07%	0.02%
STC	D	0.02%	0.12%	0.02%
STT	A	0.09%	0.02%	0.02%
SYF	A	0.07%	0.4%	0.07%
T	B	0.87%	1.09%	0.87%
TDS	C	0.03%	0.18%	0.03%
TEX	F	0.01%	0.13%	0.01%
TFC	D	0.1%	0.83%	0.1%
TGNA	B	0.01%	0.2%	0.01%
TGT	C	0.13%	0.12%	0.12%
THG	A	0.02%	0.04%	0.02%
TITN	F	0.11%	0.06%	0.06%
TKR	B	0.0%	0.1%	0.0%
TMHC	C	0.04%	0.3%	0.04%
TMUS	A	0.38%	0.29%	0.29%
TNL	B	0.01%	0.23%	0.01%
TOL	C	0.05%	0.16%	0.05%
TPH	C	0.02%	0.23%	0.02%
TRV	B	0.16%	0.47%	0.16%
TTMI	D	0.01%	0.31%	0.01%
TWI	F	0.03%	0.12%	0.03%
UBSI	D	0.01%	0.08%	0.01%
UCBI	B	0.0%	0.02%	0.0%
UFPI	C	0.01%	0.11%	0.01%
UHAL	C	0.01%	0.21%	0.01%
UHS	D	0.21%	0.18%	0.18%
UNFI	C	0.04%	0.16%	0.04%
UNM	A	0.04%	0.39%	0.04%
USB	C	0.12%	0.69%	0.12%
UTHR	C	0.08%	0.23%	0.08%
UVE	C	0.0%	0.09%	0.0%
VAC	D	0.01%	0.1%	0.01%
VLY	C	0.01%	0.19%	0.01%
VSH	F	0.01%	0.09%	0.01%
VTRS	D	0.23%	0.23%	0.23%
VZ	C	0.94%	0.99%	0.94%
WAFD	D	0.0%	0.19%	0.0%
WAL	C	0.01%	0.15%	0.01%
WBS	D	0.01%	0.25%	0.01%
WCC	D	0.02%	0.15%	0.02%
WFC	B	0.41%	0.74%	0.41%
XRAY	D	0.02%	0.06%	0.02%
XRX	D	0.03%	0.13%	0.03%
ZEUS	F	0.0%	0.04%	0.0%
ZION	D	0.01%	0.16%	0.01%

HKND Overweight 714 Positions Relative to VFVA

Symbol	Grade	Weight
PG	D	4.0%
GOOGL	B	3.88%
MSFT	D	2.37%
AAPL	C	2.16%
LLY	D	1.93%
ABBV	C	1.9%
MRK	F	1.74%
CTVA	A	1.44%
CL	D	1.33%
SYK	C	1.12%
WMT	A	1.08%
ABT	C	1.06%
AMGN	D	1.04%
GEHC	C	0.99%
DELL	C	0.98%
UNH	B	0.94%
ECL	C	0.9%
BAX	D	0.86%
TMO	D	0.86%
FMC	C	0.78%
BSX	A	0.72%
AMZN	C	0.6%
DHR	D	0.58%
VRTX	D	0.57%
REGN	D	0.54%
SJM	D	0.5%
IQV	F	0.49%
ZBH	F	0.44%
KVUE	C	0.42%
PEP	F	0.39%
HD	A	0.39%
AWK	D	0.37%
CHD	D	0.35%
VLTO	A	0.34%
DD	C	0.33%
MDLZ	D	0.32%
J	F	0.31%
ISRG	C	0.31%
THC	D	0.31%
BIIB	F	0.29%
SPB	C	0.29%
EW	F	0.28%
BBY	C	0.28%
K	B	0.26%
HOLX	D	0.26%
FELE	C	0.26%
MRNA	F	0.25%
CLX	C	0.24%
LOW	C	0.24%
DIS	D	0.21%
AXP	A	0.21%
PGR	B	0.21%
WBA	F	0.21%
RMD	C	0.2%
ORCL	A	0.2%
TFX	C	0.18%
TSLA	C	0.18%
FSLR	C	0.18%
CHTR	D	0.17%
ZWS	A	0.17%
AMAT	C	0.16%
SOLV	C	0.16%
ENOV	F	0.15%
AVTR	D	0.15%
A	B	0.15%
V	B	0.15%
HSIC	D	0.14%
JBL	C	0.14%
CTLT	A	0.14%
RUN	D	0.13%
MU	D	0.13%
ENPH	F	0.13%
DVA	C	0.13%
AIZ	B	0.12%
AVGO	B	0.12%
DXCM	F	0.12%
MMC	D	0.12%
LUMN	C	0.12%
ICUI	B	0.11%
BLK	A	0.11%
CBRE	C	0.11%
MA	A	0.11%
ALNY	C	0.1%
LRCX	D	0.1%
KMB	D	0.1%
TXN	C	0.1%
FTRE	F	0.1%
GLW	C	0.1%
SEM	D	0.1%
COST	C	0.1%
WDC	C	0.1%
MASI	B	0.09%
BIO	B	0.09%
NVDA	B	0.09%
MTD	C	0.09%
CRL	F	0.09%
ILMN	B	0.09%
INCY	B	0.09%
FLO	D	0.09%
PODD	C	0.08%
ITGR	B	0.08%
CPB	D	0.08%
CDW	D	0.08%
ALG	F	0.08%
POST	C	0.08%
CRM	B	0.08%
CTSH	B	0.08%
ACM	A	0.08%
NFLX	A	0.08%
WTRG	D	0.08%
RDNT	C	0.08%
KD	D	0.07%
ADP	A	0.07%
BKNG	B	0.07%
WAT	B	0.07%
DFS	A	0.07%
SYY	D	0.07%
TECH	D	0.07%
EQR	C	0.07%
MMSI	C	0.07%
UAN	F	0.07%
WBD	F	0.07%
MOH	F	0.07%
AMD	C	0.07%
EHC	C	0.07%
BMRN	F	0.07%
CWT	D	0.07%
AMP	A	0.07%
GMED	B	0.06%
VTR	C	0.06%
MAR	A	0.06%
SRPT	F	0.06%
WLK	C	0.06%
SMG	C	0.06%
HSY	D	0.06%
NBIX	F	0.06%
BRKR	D	0.06%
IFF	D	0.06%
WST	D	0.06%
ACI	F	0.06%
TJX	D	0.06%
AVB	C	0.06%
CNMD	F	0.06%
HAE	F	0.06%
SHW	C	0.05%
MAA	D	0.05%
ADBE	F	0.05%
PCVX	C	0.05%
GPC	D	0.05%
OPK	D	0.05%
MKC	C	0.05%
INVH	D	0.05%
ROKU	C	0.05%
AVNS	D	0.05%
GXO	D	0.05%
SUI	D	0.05%
SJW	D	0.05%
OMC	C	0.05%
AYI	A	0.05%
GWW	B	0.05%
NVR	C	0.05%
CMI	A	0.05%
KLAC	B	0.05%
WM	B	0.05%
L	C	0.05%
SQ	D	0.05%
KDP	C	0.04%
SGRY	C	0.04%
AMT	D	0.04%
OPCH	F	0.04%
CNXN	C	0.04%
PPG	D	0.04%
CR	A	0.04%
PH	A	0.04%
AJG	C	0.04%
MEDP	F	0.04%
LPLA	D	0.04%
ORLY	A	0.04%
CTAS	C	0.04%
NTRS	B	0.04%
EL	D	0.04%
TROW	D	0.04%
WMG	D	0.04%
ESS	D	0.04%
ADI	B	0.04%
CINF	A	0.04%
VKTX	C	0.04%
EXPE	B	0.04%
LBRDA	C	0.04%
WRB	C	0.04%
EXAS	C	0.04%
NOVT	C	0.04%
AWR	B	0.04%
TTC	F	0.04%
PEN	D	0.04%
FITB	C	0.04%
EXEL	B	0.04%
SWK	C	0.04%
FYBR	C	0.04%
HUN	B	0.04%
KLG	F	0.04%
APH	D	0.04%
WHR	C	0.04%
WU	D	0.03%
NEO	F	0.03%
FAST	C	0.03%
OPEN	F	0.03%
MCHP	F	0.03%
CHE	D	0.03%
PLD	D	0.03%
WTS	C	0.03%
OFIX	D	0.03%
CSL	A	0.03%
ENSG	D	0.03%
NUVL	B	0.03%
HWKN	B	0.03%
CHWY	C	0.03%
HALO	D	0.03%
INTU	F	0.03%
APO	A	0.03%
FLGT	F	0.03%
NSP	F	0.03%
SPG	A	0.03%
NWS	D	0.03%
CYTK	D	0.03%
ITW	C	0.03%
SMMT	D	0.03%
ENR	B	0.03%
MIDD	D	0.03%
VOYA	A	0.03%
RVMD	B	0.03%
ON	F	0.03%
CPT	C	0.03%
ELS	D	0.03%
SPGI	C	0.03%
GME	D	0.03%
ICE	A	0.03%
AMH	D	0.03%
LYV	A	0.03%
IT	A	0.03%
UPS	D	0.03%
IONS	F	0.03%
ITCI	D	0.03%
RKT	D	0.03%
BPMC	F	0.03%
RHI	D	0.03%
ZBRA	B	0.03%
LNTH	C	0.03%
IRDM	C	0.03%
UDR	C	0.03%
EMR	B	0.03%
AFG	A	0.03%
NTAP	D	0.03%
IPG	D	0.03%
RSG	D	0.03%
LNN	C	0.03%
TNDM	D	0.03%
SRCL	B	0.02%
TTEK	A	0.02%
AMPH	C	0.02%
FOLD	F	0.02%
ATR	A	0.02%
SEE	C	0.02%
BXP	B	0.02%
ULTA	D	0.02%
DNLI	C	0.02%
PLXS	A	0.02%
NATL	D	0.02%
EFX	D	0.02%
BCO	C	0.02%
MDGL	F	0.02%
GKOS	B	0.02%
HST	D	0.02%
AXSM	D	0.02%
SNPS	F	0.02%
ADTN	C	0.02%
IBKR	A	0.02%
FCN	C	0.02%
CRNX	C	0.02%
UTZ	D	0.02%
MCY	B	0.02%
SMPL	D	0.02%
CENTA	F	0.02%
ANET	A	0.02%
ALGN	D	0.02%
AMRK	C	0.02%
BR	B	0.02%
ACAD	F	0.02%
PTCT	C	0.02%
INSM	D	0.02%
DOX	B	0.02%
SMCI	F	0.02%
EA	D	0.02%
BKD	F	0.02%
TXG	F	0.02%
KRYS	D	0.02%
APLS	F	0.02%
RARE	D	0.02%
NDAQ	C	0.02%
ATRC	C	0.02%
TSCO	A	0.02%
DLR	C	0.02%
MAS	C	0.02%
DKS	D	0.02%
GAP	F	0.02%
BRO	A	0.02%
LECO	D	0.02%
OTIS	A	0.02%
EME	B	0.02%
ADV	F	0.02%
TPG	A	0.02%
APD	C	0.02%
SWKS	F	0.02%
COMP	C	0.02%
IDXX	D	0.02%
CORT	B	0.02%
ROK	D	0.02%
CCI	D	0.02%
NOW	B	0.02%
ENTG	D	0.02%
PWR	A	0.02%
PAYX	B	0.02%
JJSF	C	0.02%
TNET	D	0.02%
GFS	F	0.02%
KMPR	D	0.02%
THS	D	0.02%
AZTA	F	0.02%
ZG	C	0.02%
ABM	D	0.02%
BBIO	F	0.02%
EQIX	C	0.02%
USM	B	0.02%
HLT	A	0.02%
WSO	C	0.02%
WMS	D	0.02%
MSI	A	0.02%
WELL	C	0.02%
AMED	D	0.02%
CME	A	0.02%
UNP	F	0.02%
MCO	D	0.02%
MMS	C	0.02%
ROST	D	0.02%
EOLS	C	0.01%
DORM	C	0.01%
ONTO	B	0.01%
IRTC	F	0.01%
POOL	D	0.01%
ELVN	A	0.01%
PNTG	C	0.01%
SFM	A	0.01%
YORW	F	0.01%
SRRK	F	0.01%
MIRM	D	0.01%
USPH	F	0.01%
RGNX	F	0.01%
IEX	D	0.01%
EXR	D	0.01%
COTY	F	0.01%
CARR	A	0.01%
KE	F	0.01%
FRPT	A	0.01%
MAT	B	0.01%
KIDS	F	0.01%
PJT	A	0.01%
SAGE	F	0.01%
PRLB	F	0.01%
WH	C	0.01%
CRUS	D	0.01%
SLAB	D	0.01%
REG	C	0.01%
VZIO	A	0.01%
MPWR	B	0.01%
GMS	B	0.01%
NYT	C	0.01%
URBN	F	0.01%
FLS	A	0.01%
WTM	C	0.01%
FIVE	D	0.01%
BRX	C	0.01%
LFST	C	0.01%
FOUR	A	0.01%
DLB	D	0.01%
CVCO	C	0.01%
TYL	D	0.01%
APAM	B	0.01%
CGEM	F	0.01%
UI	B	0.01%
TOST	B	0.01%
GSAT	F	0.01%
WGO	D	0.01%
BCRX	D	0.01%
MC	B	0.01%
ANSS	D	0.01%
VNT	F	0.01%
SNA	C	0.01%
AEO	C	0.01%
MDXG	F	0.01%
APG	F	0.01%
FICO	C	0.01%
HURN	D	0.01%
TCBI	B	0.01%
RLI	A	0.01%
DAWN	D	0.01%
VRDN	B	0.01%
DIOD	F	0.01%
HMN	B	0.01%
VSAT	F	0.01%
DAY	C	0.01%
MTN	D	0.01%
PLUS	B	0.01%
FIX	A	0.01%
ACIW	A	0.01%
CBSH	D	0.01%
AVO	C	0.01%
UMBF	C	0.01%
VEEV	C	0.01%
DYN	D	0.01%
HAS	A	0.01%
TRUP	B	0.01%
KFRC	F	0.01%
WD	C	0.01%
IMVT	D	0.01%
LFUS	C	0.01%
SSYS	D	0.01%
PSTG	F	0.01%
KURA	F	0.01%
KNF	B	0.01%
APP	A	0.01%
SYNA	F	0.01%
AKRO	D	0.01%
SATS	C	0.01%
FNA	F	0.01%
IPGP	D	0.01%
PIPR	A	0.01%
FDS	C	0.01%
PII	D	0.01%
TVTX	A	0.01%
WPC	C	0.01%
SKY	C	0.01%
LCII	C	0.01%
PAYC	D	0.01%
CNM	F	0.01%
MNKD	B	0.01%
UCTT	D	0.01%
PTGX	C	0.01%
PRG	C	0.01%
EXLS	B	0.01%
FG	B	0.01%
BRC	C	0.01%
ACHC	F	0.01%
XYL	C	0.01%
CRVL	C	0.01%
HTH	F	0.01%
TDC	D	0.01%
SANA	F	0.01%
IDT	C	0.01%
RYAN	A	0.01%
CSX	D	0.01%
VRSN	C	0.01%
LANC	F	0.01%
MTCH	B	0.01%
CACC	F	0.01%
JKHY	A	0.01%
IOSP	F	0.01%
AXNX	A	0.01%
TARS	C	0.01%
IRT	D	0.01%
BEAM	F	0.01%
MORN	B	0.01%
SNDX	F	0.01%
RCM	B	0.01%
TDOC	D	0.01%
FHI	A	0.01%
IR	A	0.01%
KWR	F	0.01%
BECN	D	0.01%
HLI	A	0.01%
NGVT	D	0.01%
AGIO	D	0.01%
SBAC	C	0.01%
MSCI	B	0.01%
MSM	D	0.01%
ADMA	A	0.01%
COIN	F	0.01%
UNF	A	0.01%
ANIP	F	0.01%
WTFC	B	0.01%
LAMR	C	0.01%
SITE	D	0.01%
SXT	C	0.01%
INVA	B	0.01%
RCKT	F	0.01%
IAC	C	0.01%
DOC	C	0.01%
TTWO	D	0.01%
RXRX	F	0.01%
AXTA	C	0.01%
CPRX	C	0.01%
BGC	B	0.01%
CRSR	D	0.01%
NTLA	F	0.01%
FND	C	0.01%
CDNS	D	0.01%
AIV	D	0.01%
LMAT	A	0.01%
RNA	B	0.01%
ADUS	D	0.01%
KIM	C	0.01%
TNC	F	0.01%
JBSS	F	0.01%
FL	F	0.01%
IRM	B	0.01%
HUBB	A	0.01%
CSTL	B	0.01%
ALB	D	0.01%
EXPI	C	0.01%
LGND	C	0.01%
ARE	D	0.01%
GERN	D	0.01%
KEX	C	0.01%
DVAX	F	0.01%
ICFI	C	0.01%
COLL	A	0.01%
O	C	0.01%
GNRC	B	0.01%
ASTH	B	0.01%
PBH	D	0.01%
ARVN	F	0.01%
NHC	D	0.01%
AOS	C	0.01%
DFH	C	0.01%
BURL	C	0.01%
CGON	C	0.01%
SEIC	B	0.01%
ARDX	D	0.01%
VNO	B	0.01%
XNCR	D	0.01%
NARI	F	0.01%
EVH	D	0.01%
STGW	B	0.01%
FTV	C	0.01%
UWMC	D	0.01%
VCEL	F	0.01%
IDYA	F	0.01%
KEYS	B	0.01%
TRMB	B	0.01%
RYTM	C	0.01%
PRVA	F	0.01%
AME	C	0.01%
ADSK	B	0.01%
FFIV	B	0.01%
HHH	C	0.01%
KO	C	0.01%
LGF.A	F	0.01%
CLH	B	0.01%
HRMY	D	0.01%
KROS	C	0.01%
CSGP	F	0.01%
ASH	F	0.01%
ATEC	F	0.01%
CLDX	F	0.01%
CIEN	A	0.01%
KYMR	D	0.01%
VERA	C	0.01%
VIR	F	0.01%
H	B	0.01%
GDDY	B	0.01%
AGL	F	0.01%
BHE	C	0.01%
RGEN	F	0.01%
NTRA	A	0.01%
PDCO	F	0.01%
NVAX	C	0.01%
EWTX	B	0.01%
SUPN	D	0.01%
EEFT	F	0.01%
TWST	D	0.01%
TRU	C	0.01%
TGTX	D	0.01%
MYGN	D	0.01%
VRSK	D	0.01%
AIT	B	0.01%
SWTX	F	0.01%
DOV	C	0.01%
UFPT	D	0.01%
ABNB	D	0.01%
THO	C	0.01%
VRT	B	0.01%
ERIE	A	0.01%
AMN	F	0.01%
INSP	C	0.01%
NSIT	B	0.01%
ARWR	F	0.01%
JNPR	C	0.01%
ACLX	C	0.01%
JANX	C	0.01%
EPAM	F	0.01%
PANW	B	0.01%
FTNT	A	0.01%
WDAY	D	0.01%
ROP	D	0.01%
LGIH	C	0.01%
AKAM	D	0.01%
MRVL	C	0.01%
SCI	D	0.01%
EDR	A	0.01%
URI	C	0.01%
MRVI	F	0.01%
TER	C	0.01%
ARES	A	0.01%
EVR	C	0.01%
ESAB	C	0.01%
SIGI	D	0.01%
MSEX	C	0.01%
IOVA	D	0.01%
PSA	C	0.01%
GH	F	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	F	0.0%
ABUS	D	0.0%
PRME	F	0.0%
BLFS	D	0.0%
CELC	F	0.0%
QTRX	F	0.0%
STOK	D	0.0%
ALT	F	0.0%
ABSI	F	0.0%
CTKB	F	0.0%
NUVB	F	0.0%
OLMA	F	0.0%
SIGA	F	0.0%
ORIC	F	0.0%
MNMD	F	0.0%
SVRA	F	0.0%
LQDA	F	0.0%
ALEC	F	0.0%
FORM	D	0.0%
EYPT	F	0.0%
ALGM	F	0.0%
YMAB	C	0.0%
MSGS	A	0.0%
ANAB	D	0.0%
WSFS	D	0.0%
APLT	C	0.0%
TW	A	0.0%
LYEL	F	0.0%
IRON	C	0.0%
ETNB	F	0.0%
PHAT	C	0.0%
CRAI	B	0.0%
LBPH	D	0.0%
PLRX	F	0.0%
DFIN	B	0.0%
NDSN	C	0.0%
OSCR	C	0.0%
AEIS	B	0.0%
FHB	D	0.0%
STEP	A	0.0%
CNS	C	0.0%
BSY	D	0.0%
MMI	D	0.0%
NVEE	F	0.0%
GOLF	F	0.0%
HSII	D	0.0%
ITRI	C	0.0%
MLYS	C	0.0%
COGT	B	0.0%
SAFT	D	0.0%
PGNY	F	0.0%
TTD	A	0.0%
GGG	C	0.0%
GBCI	B	0.0%
CBZ	F	0.0%
NRIX	D	0.0%
PCTY	C	0.0%
REYN	D	0.0%
ARQT	D	0.0%
SPRY	C	0.0%
CHH	A	0.0%
ARCT	D	0.0%
CBT	B	0.0%
RLAY	F	0.0%
AZZ	B	0.0%
GIC	D	0.0%
SAVA	D	0.0%
IMNM	F	0.0%
SONO	F	0.0%
OCUL	B	0.0%
ANF	D	0.0%
CTS	B	0.0%
IBP	C	0.0%
DCI	B	0.0%
MODG	F	0.0%
RCUS	D	0.0%
HZO	C	0.0%
FDMT	F	0.0%
PTC	B	0.0%
TMCI	F	0.0%
VCYT	C	0.0%
TRIP	D	0.0%
VCTR	A	0.0%
FRT	D	0.0%
BBSI	B	0.0%
TKO	A	0.0%
PLAY	D	0.0%
UFCS	D	0.0%
NSC	C	0.0%
ITT	C	0.0%
TYRA	C	0.0%
SIBN	F	0.0%
ROG	D	0.0%

HKND Underweight 317 Positions Relative to VFVA

Symbol	Grade	Weight
MO	D	-1.17%
GM	D	-1.11%
F	D	-0.99%
PSX	D	-0.86%
VLO	F	-0.86%
CVX	B	-0.77%
MPC	D	-0.7%
XOM	A	-0.68%
EOG	B	-0.65%
NUE	D	-0.63%
OXY	D	-0.54%
COP	D	-0.54%
AL	D	-0.53%
CB	A	-0.49%
FCX	B	-0.44%
ESNT	A	-0.44%
MDT	C	-0.41%
MHK	C	-0.4%
FANG	D	-0.39%
PBF	F	-0.36%
WMB	A	-0.36%
PRDO	D	-0.34%
MATX	C	-0.33%
LYB	B	-0.33%
INSW	B	-0.31%
TAP	D	-0.3%
UAL	A	-0.29%
SLB	D	-0.28%
GD	C	-0.28%
SM	D	-0.27%
CHRD	F	-0.26%
TNK	C	-0.26%
AXS	A	-0.26%
ALGT	D	-0.26%
STNG	B	-0.25%
TROX	D	-0.24%
ESGR	C	-0.24%
CTRA	D	-0.24%
STBA	D	-0.23%
OI	D	-0.23%
WWW	B	-0.22%
MBUU	D	-0.22%
GPOR	B	-0.22%
ALK	C	-0.21%
LEG	D	-0.21%
DIN	D	-0.21%
KHC	F	-0.21%
MUR	F	-0.21%
DINO	F	-0.21%
DAL	C	-0.21%
OVV	D	-0.2%
EFSC	D	-0.2%
PRGO	F	-0.2%
KNX	D	-0.2%
ACGL	A	-0.2%
OCFC	C	-0.2%
ASC	D	-0.2%
FFBC	D	-0.2%
CLF	D	-0.2%
CLW	F	-0.2%
CHGG	F	-0.19%
M	D	-0.19%
BWA	C	-0.19%
GNK	D	-0.19%
BYD	B	-0.18%
SNCY	F	-0.18%
CCSI	C	-0.18%
SKYW	B	-0.18%
ST	F	-0.18%
SIG	C	-0.18%
CIVI	F	-0.18%
EAT	A	-0.18%
NWSA	D	-0.18%
MDU	C	-0.18%
JACK	F	-0.18%
CRC	B	-0.17%
GPI	C	-0.17%
PTEN	F	-0.17%
PVH	D	-0.17%
SLVM	C	-0.17%
GTN	D	-0.17%
HOPE	B	-0.17%
SEB	F	-0.17%
HOG	D	-0.17%
MTDR	D	-0.17%
DTM	A	-0.17%
GLNG	A	-0.17%
STLD	C	-0.16%
WSBC	D	-0.16%
ADNT	F	-0.16%
DAN	D	-0.16%
SNDR	D	-0.16%
LZB	D	-0.16%
ATSG	D	-0.16%
JAZZ	F	-0.16%
LEA	F	-0.16%
ABG	D	-0.16%
PARR	F	-0.15%
IMKTA	F	-0.15%
GIII	C	-0.15%
XPOF	F	-0.15%
PFS	D	-0.15%
CUBI	F	-0.15%
RNG	F	-0.15%
ELAN	D	-0.15%
BRY	F	-0.15%
PLTK	C	-0.15%
RNST	D	-0.15%
ZD	D	-0.15%
SON	D	-0.15%
ASO	D	-0.15%
OLN	D	-0.15%
DLX	F	-0.15%
BTU	B	-0.14%
NAVI	D	-0.14%
PEBO	F	-0.14%
NUS	F	-0.14%
PR	D	-0.14%
RNR	A	-0.14%
BELFB	A	-0.14%
HLX	C	-0.14%
MCB	B	-0.14%
DHT	B	-0.14%
ALSN	A	-0.14%
PUMP	D	-0.14%
HLF	F	-0.14%
ATGE	D	-0.14%
TOWN	C	-0.13%
VBTX	C	-0.13%
PM	D	-0.13%
TRMK	D	-0.13%
KOP	F	-0.13%
BUSE	D	-0.13%
EGBN	C	-0.13%
RTX	A	-0.13%
AXL	F	-0.13%
JRVR	F	-0.13%
TPC	A	-0.13%
ARCH	D	-0.13%
DCOM	B	-0.12%
VGR	B	-0.12%
BANC	D	-0.12%
EBC	B	-0.12%
AUB	D	-0.12%
PATK	A	-0.12%
CRGY	B	-0.12%
COMM	C	-0.12%
EG	A	-0.12%
HRI	B	-0.11%
UA	B	-0.11%
SB	C	-0.11%
FCF	D	-0.11%
NAT	B	-0.11%
ANDE	D	-0.11%
PAGS	F	-0.11%
KMI	A	-0.11%
HII	F	-0.11%
EQT	C	-0.11%
APPS	F	-0.11%
EVRI	A	-0.11%
PPBI	D	-0.11%
CEIX	B	-0.11%
AMCX	F	-0.11%
BMBL	F	-0.1%
SAIC	A	-0.1%
ODP	F	-0.1%
TXT	F	-0.1%
GDOT	C	-0.1%
SXC	F	-0.1%
VTOL	D	-0.1%
PHIN	D	-0.1%
TRST	D	-0.1%
DOLE	C	-0.1%
NTB	D	-0.1%
CMRE	C	-0.1%
SFL	D	-0.1%
RYI	D	-0.1%
HBI	B	-0.1%
NNI	B	-0.09%
TCBK	D	-0.09%
GOGL	C	-0.09%
AX	D	-0.09%
MLKN	F	-0.09%
REVG	D	-0.09%
FWRD	D	-0.09%
MTUS	F	-0.09%
BV	A	-0.09%
SASR	B	-0.09%
RPAY	F	-0.08%
FFWM	D	-0.08%
SD	D	-0.08%
OC	C	-0.08%
CXW	F	-0.08%
JELD	D	-0.08%
FRME	D	-0.08%
PCAR	D	-0.08%
HCC	C	-0.08%
NBTB	D	-0.08%
HFWA	D	-0.08%
AAL	D	-0.08%
RMAX	C	-0.08%
NWBI	D	-0.08%
BANR	B	-0.08%
SRCE	D	-0.08%
NOG	D	-0.08%
MATV	F	-0.08%
WNC	F	-0.08%
MTW	F	-0.08%
INMD	F	-0.07%
PFC	D	-0.07%
CROX	C	-0.07%
DXPE	C	-0.07%
CWK	D	-0.07%
BPOP	D	-0.07%
RGP	F	-0.07%
BOOM	D	-0.07%
OMCL	C	-0.07%
GOOG	B	-0.07%
NIC	D	-0.07%
NTCT	C	-0.07%
LPG	F	-0.07%
HAFC	D	-0.07%
FIBK	C	-0.07%
BHLB	D	-0.07%
SSP	F	-0.07%
CAL	F	-0.07%
ACCO	C	-0.07%
NMIH	B	-0.07%
PENN	D	-0.07%
JHG	A	-0.07%
LILA	B	-0.06%
OFG	D	-0.06%
RUSHA	D	-0.06%
SMP	D	-0.06%
GPK	D	-0.06%
OIS	D	-0.06%
CNOB	B	-0.06%
BRKL	D	-0.06%
RRC	D	-0.06%
KOS	F	-0.06%
LBRT	D	-0.06%
EGY	D	-0.06%
INDB	D	-0.06%
MATW	F	-0.05%
ETWO	F	-0.05%
CFFN	D	-0.05%
DNB	D	-0.05%
TALO	D	-0.05%
GHC	A	-0.05%
AR	C	-0.05%
MOV	F	-0.05%
MCFT	F	-0.05%
HVT	F	-0.05%
TTEC	F	-0.05%
IIIN	F	-0.05%
VRNT	F	-0.05%
PPC	C	-0.05%
FBMS	D	-0.05%
DK	F	-0.05%
TK	B	-0.05%
GEF	B	-0.05%
AMR	F	-0.05%
REX	D	-0.05%
APA	F	-0.05%
GATX	F	-0.05%
GCO	D	-0.05%
AMWD	C	-0.05%
KODK	D	-0.04%
LC	D	-0.04%
TPR	B	-0.04%
ATKR	F	-0.04%
WERN	D	-0.04%
SLM	B	-0.04%
ARCB	F	-0.04%
RDUS	D	-0.04%
FBNC	B	-0.04%
BBW	A	-0.04%
ENVA	B	-0.04%
HUBG	D	-0.04%
FOXF	F	-0.04%
BY	D	-0.04%
UVV	D	-0.04%
OBK	D	-0.04%
HBNC	D	-0.04%
REPX	C	-0.04%
BW	C	-0.04%
STNE	F	-0.03%
IMMR	D	-0.03%
PFBC	D	-0.03%
SCVL	D	-0.03%
KRO	C	-0.03%
OLPX	C	-0.03%
UIS	C	-0.03%
NBHC	D	-0.03%
QCRH	C	-0.03%
EPC	F	-0.03%
SWI	B	-0.03%
TBRG	D	-0.03%
DENN	D	-0.03%
BALY	B	-0.03%
NFBK	D	-0.03%
WMK	D	-0.03%
AMAL	B	-0.03%
WTTR	B	-0.03%
DRVN	C	-0.03%
DVN	F	-0.02%
EIG	A	-0.02%
MED	F	-0.02%
OXM	F	-0.02%
GBX	C	-0.02%
RYAM	A	-0.02%
IP	C	-0.02%
ZIMV	F	-0.02%
VREX	F	-0.02%
HRTG	D	-0.01%
AMPY	D	-0.01%
FF	B	-0.01%