HKND vs. XRLV ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

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

$33.60

Average Daily Volume

1,926

Number of Holdings ^*

958

* may have additional holdings in another (foreign) market

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.02

Average Daily Volume

803

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	HKND	XRLV
30 Days	1.63%	2.47%
60 Days	0.72%	4.00%
90 Days	1.42%	6.43%
12 Months	19.65%	23.64%

66 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in XRLV	Overlap
ABBV	D	2.0%	0.76%	0.76%
ABT	B	1.08%	0.92%	0.92%
ADP	B	0.07%	1.04%	0.07%
AFL	B	0.08%	0.95%	0.08%
AIG	B	0.23%	0.96%	0.23%
AJG	B	0.04%	0.95%	0.04%
AME	A	0.01%	1.11%	0.01%
AMP	A	0.07%	1.26%	0.07%
AVB	B	0.06%	0.92%	0.06%
BDX	F	1.15%	0.8%	0.8%
BK	A	0.1%	1.16%	0.1%
BR	A	0.02%	0.94%	0.02%
BRO	B	0.02%	0.97%	0.02%
CHD	B	0.36%	0.99%	0.36%
CL	D	1.35%	1.03%	1.03%
CME	A	0.02%	1.06%	0.02%
COR	B	0.35%	0.98%	0.35%
CSCO	B	0.16%	1.11%	0.16%
CSX	B	0.01%	0.96%	0.01%
CTAS	B	0.04%	1.0%	0.04%
DGX	A	0.62%	0.92%	0.62%
DOW	F	0.21%	0.71%	0.21%
EA	A	0.02%	0.97%	0.02%
ECL	D	0.87%	0.88%	0.87%
ELV	F	0.44%	0.64%	0.44%
FI	A	0.06%	1.3%	0.06%
GIS	D	0.29%	0.78%	0.29%
HIG	B	0.1%	1.03%	0.1%
HLT	A	0.02%	1.02%	0.02%
HOLX	D	0.27%	0.85%	0.27%
IEX	B	0.0%	1.07%	0.0%
ITW	B	0.03%	1.13%	0.03%
JKHY	D	0.01%	0.86%	0.01%
JNJ	D	0.71%	1.01%	0.71%
JPM	A	0.69%	1.12%	0.69%
KDP	D	0.04%	0.81%	0.04%
KMB	D	0.1%	0.88%	0.1%
KO	D	0.01%	1.12%	0.01%
L	A	0.06%	1.24%	0.06%
LH	C	0.93%	0.91%	0.91%
MA	C	0.11%	1.19%	0.11%
MCK	B	0.49%	0.88%	0.49%
MDLZ	F	0.31%	0.87%	0.31%
MET	A	0.19%	1.05%	0.19%
MMC	B	0.13%	1.14%	0.13%
MSI	B	0.02%	1.13%	0.02%
OMC	C	0.05%	0.89%	0.05%
PAYX	C	0.02%	0.98%	0.02%
PEP	F	0.4%	0.89%	0.4%
PFG	D	0.05%	0.99%	0.05%
PG	A	4.05%	1.13%	1.13%
PPG	F	0.03%	0.87%	0.03%
PRU	A	0.16%	1.04%	0.16%
REGN	F	0.61%	0.66%	0.61%
ROP	B	0.01%	1.06%	0.01%
RSG	A	0.04%	1.21%	0.04%
SYY	B	0.07%	0.84%	0.07%
TJX	A	0.06%	1.13%	0.06%
TMUS	B	0.37%	1.45%	0.37%
UNP	C	0.03%	0.94%	0.03%
V	A	0.15%	1.34%	0.15%
VRSK	A	0.01%	0.9%	0.01%
VRSN	F	0.01%	0.93%	0.01%
WELL	A	0.02%	0.99%	0.02%
WM	A	0.07%	0.98%	0.07%
WMT	A	1.06%	1.19%	1.06%

HKND Overweight 892 Positions Relative to XRLV

Symbol	Grade	Weight
GOOGL	C	3.87%
MSFT	F	2.37%
AAPL	C	2.24%
LLY	F	2.09%
DE	A	2.08%
MRK	F	1.84%
MOS	F	1.72%
PFE	D	1.58%
ADM	D	1.56%
INTC	D	1.51%
CTVA	C	1.48%
CI	F	1.11%
AMGN	D	1.1%
SYK	C	1.07%
DELL	C	0.99%
CF	B	0.98%
UNH	C	0.96%
BMY	B	0.93%
GEHC	F	0.93%
HCA	F	0.91%
BG	F	0.89%
VZ	C	0.89%
TMO	F	0.86%
BAX	D	0.84%
FMC	D	0.82%
HPQ	B	0.81%
T	A	0.8%
BSX	B	0.74%
GILD	C	0.7%
CMCSA	B	0.68%
AGCO	D	0.68%
DHR	F	0.59%
VRTX	F	0.59%
AMZN	C	0.57%
SJM	D	0.54%
IQV	D	0.53%
BAC	A	0.51%
CVS	D	0.5%
INGR	B	0.49%
FDP	B	0.48%
ZBH	C	0.45%
WFC	A	0.42%
C	A	0.41%
KVUE	A	0.4%
AWK	D	0.39%
HD	A	0.37%
CNC	D	0.37%
CAG	D	0.36%
VLTO	D	0.36%
MRNA	F	0.35%
MS	A	0.35%
GS	A	0.34%
ISRG	A	0.33%
DD	D	0.31%
CAH	B	0.31%
EW	C	0.31%
THC	D	0.3%
BIIB	F	0.3%
HUM	C	0.3%
J	F	0.29%
SPB	C	0.29%
WBA	F	0.26%
FELE	B	0.26%
IBM	C	0.26%
K	A	0.26%
VTRS	A	0.25%
CLX	B	0.22%
LOW	D	0.22%
BBY	D	0.22%
HPE	B	0.21%
UHS	D	0.21%
PGR	A	0.21%
KR	B	0.21%
ALL	A	0.21%
RMD	C	0.2%
DIS	B	0.2%
AXP	A	0.2%
CHTR	C	0.18%
AMAT	F	0.17%
ORCL	B	0.17%
TFX	F	0.17%
DHI	D	0.16%
TRV	B	0.16%
COF	B	0.16%
TSLA	B	0.16%
CTLT	B	0.15%
AVTR	F	0.15%
QCOM	F	0.15%
FSLR	F	0.15%
SOLV	C	0.15%
A	D	0.15%
ZWS	B	0.15%
ENOV	C	0.15%
LEN	D	0.14%
ENPH	F	0.14%
MU	D	0.14%
HSIC	B	0.14%
DVA	B	0.13%
RUN	F	0.13%
DXCM	D	0.13%
AVGO	D	0.12%
AIZ	A	0.12%
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%
OGN	D	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%
CRL	C	0.1%
TFC	A	0.1%
SEM	B	0.1%
CBRE	B	0.1%
WDC	D	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%
NVDA	C	0.09%
TXN	C	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%
PYPL	B	0.08%
ALG	B	0.08%
CDW	F	0.08%
CRM	B	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%
NBIX	C	0.08%
MASI	A	0.08%
PHM	D	0.07%
DFS	B	0.07%
SYF	B	0.07%
SRPT	D	0.07%
WAT	B	0.07%
EMBC	C	0.07%
AMD	F	0.07%
TECH	D	0.07%
MMSI	B	0.07%
EHC	B	0.07%
EQR	B	0.07%
FNF	B	0.07%
DXC	B	0.07%
WBD	C	0.07%
SCHW	B	0.07%
ACI	C	0.07%
MMM	D	0.06%
KLAC	D	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%
CRBG	B	0.06%
IFF	D	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%
MEDP	D	0.05%
OPK	C	0.05%
MKC	D	0.05%
APH	A	0.05%
GWW	B	0.05%
EQH	B	0.05%
INVH	D	0.05%
CMI	A	0.05%
SUI	D	0.05%
EBAY	D	0.05%
RJF	A	0.05%
MKL	A	0.05%
OMI	F	0.05%
MAR	B	0.05%
ADBE	C	0.05%
SMG	D	0.05%
SJW	D	0.05%
VTR	C	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%
PH	A	0.04%
FYBR	D	0.04%
KEY	B	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%
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%
TROW	B	0.04%
EXAS	D	0.04%
AZO	C	0.04%
SCSC	B	0.04%
EL	F	0.04%
ADI	D	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%
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%
SPG	B	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%
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%
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%
ON	D	0.03%
MTB	A	0.03%
RF	A	0.03%
ZBRA	B	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%
IVZ	B	0.03%
SGRY	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%
EFX	F	0.02%
NWL	B	0.02%
IOVA	F	0.02%
ALGN	D	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%
ANET	C	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%
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%
SNPS	B	0.02%
NDAQ	A	0.02%
AORT	B	0.02%
CENTA	C	0.02%
CNXC	F	0.02%
BLDR	D	0.02%
APD	A	0.02%
OMF	A	0.02%
IDXX	F	0.02%
ROK	B	0.02%
LECO	B	0.02%
CCI	D	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%
SWKS	F	0.02%
OPEN	D	0.02%
ENTG	D	0.02%
THG	A	0.02%
MDGL	B	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%
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%
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%
FICO	B	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%
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%
FDS	B	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%
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%
IDT	B	0.01%
DIOD	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%
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%
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%
DOC	D	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%
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%
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%
GNRC	B	0.01%
TRMB	B	0.01%
CDNS	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%
QRVO	F	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%
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%
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%
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%
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%
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%
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%
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%
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%
ABCB	B	0.0%

HKND Underweight 34 Positions Relative to XRLV

Symbol	Grade	Weight
BRK.A	B	-1.43%
KMI	A	-1.28%
WMB	A	-1.22%
HON	B	-1.18%
OKE	A	-1.16%
ATO	A	-1.12%
ETR	B	-1.11%
PM	B	-1.08%
MCD	D	-1.06%
CB	C	-1.04%
LIN	D	-1.04%
PKG	A	-1.04%
SRE	A	-1.03%
PPL	B	-1.0%
PEG	A	-0.99%
YUM	B	-0.99%
DRI	B	-0.98%
MO	A	-0.97%
NI	A	-0.97%
DUK	C	-0.96%
LNT	A	-0.94%
WEC	A	-0.93%
GD	F	-0.93%
SO	D	-0.93%
AVY	D	-0.92%
CMS	C	-0.91%
MDT	D	-0.91%
LMT	D	-0.9%
EVRG	A	-0.9%
FE	C	-0.87%
ED	D	-0.87%
STZ	D	-0.87%
CBOE	B	-0.83%
LYB	F	-0.76%