HKND vs. VSLU ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Applied Finance Valuation Large Cap ETF (VSLU)

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

VSLU

Applied Finance Valuation Large Cap ETF

VSLU Description

ETF Opportunities Trust - Applied Finance Valuation Large Cap ETF is an exchange traded fund launched by ETF Opportunities Trust. The fund is co-managed by Applied Finance Advisors, LLC and Toroso Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies. The fund employs proprietary research to create its portfolio. ETF Opportunities Trust - Applied Finance Valuation Large Cap ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.82

Average Daily Volume

18,373

Number of Holdings ^*

306

* may have additional holdings in another (foreign) market

Performance

Period	HKND	VSLU
30 Days	1.63%	1.40%
60 Days	0.72%	2.99%
90 Days	1.42%	4.46%
12 Months	19.65%	30.31%

213 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in VSLU	Overlap
A	D	0.15%	0.1%	0.1%
AAPL	C	2.24%	6.68%	2.24%
ABBV	D	2.0%	1.62%	1.62%
ABT	B	1.08%	0.35%	0.35%
ADBE	C	0.05%	0.99%	0.05%
ADI	D	0.04%	0.17%	0.04%
ADM	D	1.56%	0.08%	0.08%
ADP	B	0.07%	0.3%	0.07%
ADSK	A	0.01%	0.11%	0.01%
AFL	B	0.08%	0.07%	0.07%
AIZ	A	0.12%	0.0%	0.0%
ALGN	D	0.02%	0.01%	0.01%
AMAT	F	0.17%	0.67%	0.17%
AMT	D	0.04%	0.26%	0.04%
AMZN	C	0.57%	3.86%	0.57%
ANET	C	0.02%	0.15%	0.02%
AOS	F	0.01%	0.01%	0.01%
APH	A	0.05%	0.13%	0.05%
AVB	B	0.06%	0.0%	0.0%
AVGO	D	0.12%	2.99%	0.12%
AXP	A	0.2%	0.56%	0.2%
AZO	C	0.04%	0.49%	0.04%
BBWI	D	0.02%	0.02%	0.02%
BBY	D	0.22%	0.05%	0.05%
BG	F	0.89%	0.05%	0.05%
BK	A	0.1%	0.0%	0.0%
BKNG	A	0.06%	0.78%	0.06%
BLDR	D	0.02%	0.14%	0.02%
BMY	B	0.93%	0.78%	0.78%
BR	A	0.02%	0.03%	0.02%
CAG	D	0.36%	0.0%	0.0%
CAH	B	0.31%	0.13%	0.13%
CCI	D	0.02%	0.08%	0.02%
CDNS	B	0.01%	0.1%	0.01%
CDW	F	0.08%	0.18%	0.08%
CE	F	0.01%	0.01%	0.01%
CF	B	0.98%	0.05%	0.05%
CHD	B	0.36%	0.05%	0.05%
CHTR	C	0.18%	0.23%	0.18%
CI	F	1.11%	0.1%	0.1%
CMCSA	B	0.68%	0.23%	0.23%
CME	A	0.02%	0.04%	0.02%
CMI	A	0.05%	0.14%	0.05%
CNC	D	0.37%	0.03%	0.03%
COR	B	0.35%	0.4%	0.35%
CPT	B	0.03%	0.02%	0.02%
CRM	B	0.08%	0.32%	0.08%
CSX	B	0.01%	0.24%	0.01%
CTAS	B	0.04%	0.12%	0.04%
CTSH	B	0.08%	0.08%	0.08%
CTVA	C	1.48%	0.02%	0.02%
DELL	C	0.99%	0.38%	0.38%
DFS	B	0.07%	0.11%	0.07%
DHI	D	0.16%	0.18%	0.16%
DOC	D	0.01%	0.04%	0.01%
DOV	A	0.01%	0.07%	0.01%
DOW	F	0.21%	0.01%	0.01%
DVA	B	0.13%	0.07%	0.07%
DXCM	D	0.13%	0.03%	0.03%
EA	A	0.02%	0.06%	0.02%
EBAY	D	0.05%	0.07%	0.05%
EFX	F	0.02%	0.06%	0.02%
ELV	F	0.44%	0.11%	0.11%
EMN	D	0.01%	0.0%	0.0%
ENPH	F	0.14%	0.02%	0.02%
EPAM	C	0.01%	0.0%	0.0%
EQR	B	0.07%	0.02%	0.02%
ESS	B	0.04%	0.0%	0.0%
EW	C	0.31%	0.15%	0.15%
EXPE	B	0.04%	0.07%	0.04%
FAST	B	0.03%	0.04%	0.03%
FDS	B	0.01%	0.06%	0.01%
FDX	B	0.01%	0.07%	0.01%
FFIV	B	0.01%	0.0%	0.0%
FI	A	0.06%	0.97%	0.06%
FICO	B	0.01%	0.21%	0.01%
FIS	C	0.03%	0.25%	0.03%
FITB	A	0.04%	0.02%	0.02%
FRT	B	0.0%	0.01%	0.0%
FTNT	C	0.01%	0.16%	0.01%
GDDY	A	0.01%	0.05%	0.01%
GEHC	F	0.93%	0.07%	0.07%
GEN	B	0.01%	0.05%	0.01%
GILD	C	0.7%	0.81%	0.7%
GIS	D	0.29%	0.07%	0.07%
GL	B	0.02%	0.03%	0.02%
GLW	B	0.09%	0.06%	0.06%
GNRC	B	0.01%	0.02%	0.01%
GOOGL	C	3.87%	6.21%	3.87%
GPC	D	0.05%	0.06%	0.05%
GWW	B	0.05%	0.12%	0.05%
HCA	F	0.91%	0.3%	0.3%
HD	A	0.37%	1.06%	0.37%
HIG	B	0.1%	0.05%	0.05%
HLT	A	0.02%	0.54%	0.02%
HOLX	D	0.27%	0.03%	0.03%
HPE	B	0.21%	0.09%	0.09%
HPQ	B	0.81%	0.27%	0.27%
HST	C	0.02%	0.02%	0.02%
HSY	F	0.06%	0.13%	0.06%
HUM	C	0.3%	0.08%	0.08%
IBM	C	0.26%	0.22%	0.22%
IDXX	F	0.02%	0.11%	0.02%
IEX	B	0.0%	0.02%	0.0%
INCY	C	0.08%	0.08%	0.08%
IPG	D	0.04%	0.04%	0.04%
IQV	D	0.53%	0.29%	0.29%
IR	B	0.01%	0.09%	0.01%
IT	C	0.03%	0.3%	0.03%
ITW	B	0.03%	0.16%	0.03%
J	F	0.29%	0.04%	0.04%
JBL	B	0.12%	0.02%	0.02%
JKHY	D	0.01%	0.02%	0.01%
JNJ	D	0.71%	1.7%	0.71%
JNPR	F	0.01%	0.02%	0.01%
JPM	A	0.69%	0.75%	0.69%
KDP	D	0.04%	0.07%	0.04%
KEYS	A	0.01%	0.06%	0.01%
KIM	A	0.01%	0.0%	0.0%
KLAC	D	0.06%	0.34%	0.06%
KO	D	0.01%	0.5%	0.01%
KR	B	0.21%	0.1%	0.1%
KVUE	A	0.4%	0.11%	0.11%
LEN	D	0.14%	0.06%	0.06%
LH	C	0.93%	0.03%	0.03%
LOW	D	0.22%	0.89%	0.22%
LRCX	F	0.11%	0.35%	0.11%
MA	C	0.11%	4.57%	0.11%
MAA	B	0.05%	0.02%	0.02%
MAR	B	0.05%	0.48%	0.05%
MAS	D	0.02%	0.09%	0.02%
MCHP	D	0.03%	0.12%	0.03%
MCK	B	0.49%	0.67%	0.49%
MCO	B	0.02%	0.21%	0.02%
MDLZ	F	0.31%	0.16%	0.16%
MET	A	0.19%	0.08%	0.08%
MKC	D	0.05%	0.02%	0.02%
MMC	B	0.13%	0.2%	0.13%
MMM	D	0.06%	0.17%	0.06%
MOH	F	0.08%	0.08%	0.08%
MOS	F	1.72%	0.04%	0.04%
MRK	F	1.84%	1.88%	1.84%
MSFT	F	2.37%	6.84%	2.37%
MSI	B	0.02%	0.15%	0.02%
MTCH	D	0.01%	0.06%	0.01%
MTD	D	0.09%	0.21%	0.09%
NTAP	C	0.04%	0.05%	0.04%
NVDA	C	0.09%	6.97%	0.09%
NVR	D	0.05%	0.2%	0.05%
OMC	C	0.05%	0.13%	0.05%
ON	D	0.03%	0.1%	0.03%
ORCL	B	0.17%	1.24%	0.17%
ORLY	B	0.04%	0.61%	0.04%
OTIS	C	0.02%	0.27%	0.02%
PAYC	B	0.01%	0.01%	0.01%
PAYX	C	0.02%	0.07%	0.02%
PEP	F	0.4%	0.42%	0.4%
PFG	D	0.05%	0.02%	0.02%
PG	A	4.05%	0.85%	0.85%
PH	A	0.04%	0.19%	0.04%
PHM	D	0.07%	0.14%	0.07%
POOL	C	0.01%	0.01%	0.01%
PPG	F	0.03%	0.06%	0.03%
PSA	D	0.01%	0.08%	0.01%
PYPL	B	0.08%	0.2%	0.08%
QCOM	F	0.15%	0.38%	0.15%
QRVO	F	0.01%	0.0%	0.0%
REGN	F	0.61%	0.2%	0.2%
RF	A	0.03%	0.03%	0.03%
RMD	C	0.2%	0.09%	0.09%
ROK	B	0.02%	0.04%	0.02%
ROP	B	0.01%	0.19%	0.01%
ROST	C	0.03%	0.07%	0.03%
RVTY	F	0.11%	0.01%	0.01%
SHW	A	0.04%	0.34%	0.04%
SMCI	F	0.05%	0.02%	0.02%
SNA	A	0.01%	0.05%	0.01%
SNPS	B	0.02%	0.1%	0.02%
SOLV	C	0.15%	0.05%	0.05%
SPG	B	0.03%	0.19%	0.03%
SPGI	C	0.03%	0.29%	0.03%
SWKS	F	0.02%	0.03%	0.02%
SYK	C	1.07%	0.33%	0.33%
SYY	B	0.07%	0.1%	0.07%
T	A	0.8%	0.21%	0.21%
TECH	D	0.07%	0.01%	0.01%
TGT	F	0.1%	0.16%	0.1%
TMO	F	0.86%	0.57%	0.57%
TMUS	B	0.37%	0.5%	0.37%
TROW	B	0.04%	0.03%	0.03%
TRV	B	0.16%	0.03%	0.03%
TSCO	D	0.02%	0.06%	0.02%
TTWO	A	0.01%	0.01%	0.01%
TXN	C	0.09%	0.49%	0.09%
UDR	B	0.03%	0.02%	0.02%
ULTA	F	0.01%	0.08%	0.01%
UNH	C	0.96%	0.88%	0.88%
UNP	C	0.03%	0.38%	0.03%
UPS	C	0.03%	0.11%	0.03%
URI	B	0.01%	0.17%	0.01%
USB	A	0.12%	0.03%	0.03%
V	A	0.15%	3.37%	0.15%
VLTO	D	0.36%	0.13%	0.13%
VRSK	A	0.01%	0.05%	0.01%
VRSN	F	0.01%	0.14%	0.01%
VRTX	F	0.59%	0.31%	0.31%
VTR	C	0.05%	0.01%	0.01%
VTRS	A	0.25%	0.03%	0.03%
VZ	C	0.89%	0.37%	0.37%
WMT	A	1.06%	1.0%	1.0%
WRB	A	0.04%	0.04%	0.04%
XYL	D	0.01%	0.02%	0.01%
ZBH	C	0.45%	0.04%	0.04%

HKND Overweight 745 Positions Relative to VSLU

Symbol	Grade	Weight
LLY	F	2.09%
DE	A	2.08%
PFE	D	1.58%
INTC	D	1.51%
CL	D	1.35%
BDX	F	1.15%
AMGN	D	1.1%
ECL	D	0.87%
BAX	D	0.84%
FMC	D	0.82%
BSX	B	0.74%
AGCO	D	0.68%
DGX	A	0.62%
DHR	F	0.59%
SJM	D	0.54%
BAC	A	0.51%
CVS	D	0.5%
INGR	B	0.49%
FDP	B	0.48%
WFC	A	0.42%
C	A	0.41%
AWK	D	0.39%
MRNA	F	0.35%
MS	A	0.35%
GS	A	0.34%
ISRG	A	0.33%
DD	D	0.31%
THC	D	0.3%
BIIB	F	0.3%
SPB	C	0.29%
WBA	F	0.26%
FELE	B	0.26%
K	A	0.26%
AIG	B	0.23%
CLX	B	0.22%
UHS	D	0.21%
PGR	A	0.21%
ALL	A	0.21%
DIS	B	0.2%
TFX	F	0.17%
COF	B	0.16%
TSLA	B	0.16%
CSCO	B	0.16%
PRU	A	0.16%
CTLT	B	0.15%
AVTR	F	0.15%
FSLR	F	0.15%
ZWS	B	0.15%
ENOV	C	0.15%
MU	D	0.14%
HSIC	B	0.14%
RUN	F	0.13%
FTRE	D	0.12%
TITN	C	0.11%
RPRX	D	0.11%
COST	B	0.11%
OGN	D	0.11%
AHCO	F	0.11%
FLO	D	0.1%
BMRN	D	0.1%
MAN	D	0.1%
PNC	B	0.1%
ALNY	D	0.1%
BLK	C	0.1%
ICUI	D	0.1%
CRL	C	0.1%
TFC	A	0.1%
KMB	D	0.1%
SEM	B	0.1%
CBRE	B	0.1%
WDC	D	0.1%
STT	A	0.09%
POST	C	0.09%
BIO	D	0.09%
NFLX	A	0.09%
WTRG	B	0.09%
LUMN	C	0.09%
IART	C	0.09%
ILMN	D	0.09%
UTHR	C	0.08%
UAN	B	0.08%
ITGR	B	0.08%
CWT	D	0.08%
ALG	B	0.08%
KD	B	0.08%
RDNT	B	0.08%
CPB	D	0.08%
LXU	B	0.08%
ACM	A	0.08%
NBIX	C	0.08%
MASI	A	0.08%
SYF	B	0.07%
SRPT	D	0.07%
WAT	B	0.07%
EMBC	C	0.07%
AMD	F	0.07%
MMSI	B	0.07%
EHC	B	0.07%
FNF	B	0.07%
WM	A	0.07%
DXC	B	0.07%
AMP	A	0.07%
WBD	C	0.07%
SCHW	B	0.07%
ACI	C	0.07%
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%
PODD	C	0.06%
KLG	C	0.05%
FAF	A	0.05%
LNC	B	0.05%
TTC	D	0.05%
AVNS	F	0.05%
GXO	B	0.05%
MEDP	D	0.05%
OPK	C	0.05%
EQH	B	0.05%
INVH	D	0.05%
SUI	D	0.05%
RJF	A	0.05%
MKL	A	0.05%
OMI	F	0.05%
SMG	D	0.05%
SJW	D	0.05%
ALLY	C	0.05%
BERY	B	0.05%
GPN	B	0.04%
CNXN	C	0.04%
UNM	A	0.04%
AFG	A	0.04%
FYBR	D	0.04%
KEY	B	0.04%
IONS	F	0.04%
LKQ	D	0.04%
CFG	B	0.04%
LNN	B	0.04%
BPMC	C	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%
JEF	A	0.04%
EXAS	D	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%
NOVT	D	0.04%
AWR	B	0.04%
TOL	B	0.04%
JLL	D	0.04%
PEN	B	0.04%
AYI	B	0.04%
EXEL	B	0.04%
ABM	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%
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%
INTU	C	0.03%
RS	B	0.03%
TWI	F	0.03%
LYV	A	0.03%
RVMD	C	0.03%
IRDM	D	0.03%
OFIX	B	0.03%
MIDD	C	0.03%
TDS	B	0.03%
ELS	C	0.03%
NWS	B	0.03%
RHI	B	0.03%
FLGT	F	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%
ZBRA	B	0.03%
SNEX	B	0.03%
SANM	B	0.03%
VYX	B	0.03%
TMHC	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%
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%
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%
AGL	F	0.02%
EME	C	0.02%
TXG	F	0.02%
AMN	F	0.02%
DOX	D	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%
BRO	B	0.02%
GH	B	0.02%
BKD	D	0.02%
NUVL	D	0.02%
PWR	A	0.02%
ZG	A	0.02%
INSM	C	0.02%
DKS	C	0.02%
NOW	A	0.02%
TNET	D	0.02%
KRYS	B	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%
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%
WTS	B	0.02%
CSL	C	0.02%
WSO	A	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%
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%
MPWR	F	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%
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%
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%
BCRX	D	0.01%
UMBF	B	0.01%
HGV	B	0.01%
KIDS	D	0.01%
FIX	A	0.01%
ANSS	B	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%
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%
IDT	B	0.01%
DIOD	D	0.01%
WBS	A	0.01%
SBAC	D	0.01%
HTH	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%
SBH	C	0.01%
ENS	D	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%
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%
BCC	B	0.01%
PSTG	D	0.01%
CRSR	C	0.01%
ICFI	F	0.01%
BGC	C	0.01%
BOKF	B	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%
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%
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%
NHC	C	0.01%
LGND	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%
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%
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%
VRT	B	0.01%
NSIT	F	0.01%
UFPT	B	0.01%
PCRX	C	0.01%
FCNCA	A	0.01%
VCEL	B	0.01%
CLDX	F	0.01%
NXST	C	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%
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%
WCC	B	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%
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%
CARR	D	0.0%
PNTG	D	0.0%
BBSI	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%
ABCB	B	0.0%

HKND Underweight 93 Positions Relative to VSLU

Symbol	Grade	Weight
META	D	-4.13%
XOM	B	-0.9%
ACN	C	-0.88%
AON	A	-0.79%
CVX	A	-0.64%
PM	B	-0.58%
MCD	D	-0.46%
CAT	B	-0.42%
MPC	D	-0.33%
COP	C	-0.32%
LMT	D	-0.29%
HON	B	-0.27%
LULU	C	-0.25%
VLO	C	-0.24%
NKE	D	-0.23%
YUM	B	-0.23%
MO	A	-0.23%
CPAY	A	-0.21%
ZTS	D	-0.21%
PSX	C	-0.2%
GM	B	-0.19%
EOG	A	-0.19%
STZ	D	-0.18%
MDT	D	-0.17%
DPZ	C	-0.16%
MNST	C	-0.15%
TDG	D	-0.15%
NUE	C	-0.14%
RTX	C	-0.14%
RCL	A	-0.13%
NXPI	D	-0.13%
TT	A	-0.13%
NOC	D	-0.13%
GD	F	-0.12%
FCX	D	-0.12%
CB	C	-0.11%
DAL	C	-0.11%
WAB	B	-0.1%
STLD	B	-0.09%
UAL	A	-0.09%
DVN	F	-0.09%
FANG	D	-0.09%
LDOS	C	-0.09%
HAL	C	-0.08%
FOXA	B	-0.08%
CBOE	B	-0.08%
SLB	C	-0.08%
DG	F	-0.07%
ACGL	D	-0.07%
JCI	C	-0.07%
GRMN	B	-0.07%
PNR	A	-0.06%
LYB	F	-0.06%
DECK	A	-0.06%
CTRA	B	-0.05%
DRI	B	-0.05%
MRO	B	-0.05%
CCL	B	-0.05%
ALLE	D	-0.05%
NRG	B	-0.05%
MLM	B	-0.05%
KHC	F	-0.05%
ODFL	B	-0.05%
APA	D	-0.04%
IP	B	-0.04%
APTV	D	-0.03%
ED	D	-0.03%
JBHT	C	-0.03%
VMC	B	-0.03%
AMCR	D	-0.03%
PEG	A	-0.03%
BALL	D	-0.03%
KMI	A	-0.03%
BWA	D	-0.03%
LW	C	-0.03%
EXPD	D	-0.02%
CZR	F	-0.02%
CHRW	C	-0.02%
ROL	B	-0.02%
WTW	B	-0.02%
TDY	B	-0.02%
DLTR	F	-0.02%
RL	B	-0.02%
PKG	A	-0.02%
AVY	D	-0.02%
ATO	A	-0.01%
HRL	D	-0.01%
LUV	C	-0.01%
WY	D	-0.01%
TXT	D	-0.01%
MGM	D	-0.01%
HII	D	-0.0%
MHK	D	-0.0%