KOKU vs. ILCV ETF Comparison

Comparison of Xtrackers MSCI Kokusai Equity ETF (KOKU) to iShares Morningstar Value ETF (ILCV)

KOKU

Xtrackers MSCI Kokusai Equity ETF

KOKU Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Kokusai Index. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of issuers from developed markets (excluding Japan). The index is designed to track the performance of equity markets in developed markets (excluding Japan). It is non-diversified.

Grade (RS Rating)

Last Trade

$100.61

Average Daily Volume

779

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

ILCV

iShares Morningstar Value ETF

ILCV Description

The investment seeks to track the investment results of the Morningstar® US Large-Mid Cap Broad Value IndexSM composed of large-and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large-mid capitalization companies that have exhibited above-average value characteristics as determined by Morningstar, Inc.(Morningstar or the index provider) proprietary index methodology.

Grade (RS Rating)

Last Trade

$81.88

Average Daily Volume

19,014

Number of Holdings ^*

441

* may have additional holdings in another (foreign) market

Performance

Period	KOKU	ILCV
30 Days	2.10%	1.62%
60 Days	5.20%	4.02%
90 Days	5.66%	7.27%
12 Months	31.72%	26.63%

412 Overlapping Holdings

	Symbol	Grade	Weight in KOKU	Weight in ILCV	Overlap
	AAPL	C	5.0%	6.3%	5.0%
	ABBV	B	0.14%	1.32%	0.14%
	ABBV	B	0.51%	1.32%	0.51%
	ABT	C	0.29%	0.76%	0.29%
	ACGL	B	0.06%	0.11%	0.06%
	ACI	F	0.01%	0.03%	0.01%
	ACM	B	0.02%	0.02%	0.02%
	ACN	C	0.32%	0.7%	0.32%
	ADI	C	0.17%	0.36%	0.17%
	ADM	D	0.05%	0.11%	0.05%
	ADP	C	0.17%	0.27%	0.17%
	AEE	B	0.03%	0.09%	0.03%
	AEP	C	0.08%	0.21%	0.08%
	AES	C	0.02%	0.05%	0.02%
	AFG	C	0.01%	0.02%	0.01%
	AFL	A	0.09%	0.21%	0.09%
	AIG	D	0.07%	0.18%	0.07%
	AJG	D	0.09%	0.15%	0.09%
	AKAM	D	0.02%	0.03%	0.02%
	ALB	D	0.01%	0.02%	0.01%
	ALGN	D	0.03%	0.03%	0.03%
	ALL	C	0.08%	0.11%	0.08%
	ALLE	B	0.02%	0.02%	0.02%
	ALLY	F	0.02%	0.04%	0.02%
	AMAT	D	0.25%	0.37%	0.25%
	AMCR	B	0.02%	0.06%	0.02%
	AMGN	D	0.26%	0.7%	0.26%
	AMP	B	0.07%	0.06%	0.06%
	AMT	C	0.17%	0.42%	0.17%
	AON	B	0.1%	0.21%	0.1%
	AOS	B	0.02%	0.01%	0.01%
	APA	F	0.01%	0.04%	0.01%
	APD	B	0.1%	0.25%	0.1%
	APH	C	0.12%	0.13%	0.12%
	APO	B	0.07%	0.14%	0.07%
	APTV	D	0.03%	0.03%	0.03%
	ARE	C	0.03%	0.05%	0.03%
	ATO	B	0.03%	0.08%	0.03%
	AVB	C	0.05%	0.06%	0.05%
	AVGO	C	1.17%	1.33%	1.17%
	AVTR	C	0.02%	0.03%	0.02%
	AVY	C	0.03%	0.03%	0.03%
	AWK	C	0.04%	0.06%	0.04%
	AXP	B	0.24%	0.38%	0.24%
	BA	F	0.13%	0.36%	0.13%
	BAC	D	0.42%	1.05%	0.42%
	BAH	B	0.03%	0.02%	0.02%
	BALL	C	0.03%	0.03%	0.03%
	BAX	C	0.03%	0.08%	0.03%
	BBY	A	0.03%	0.07%	0.03%
	BDX	D	0.11%	0.26%	0.11%
	BEN	F	0.01%	0.02%	0.01%
	BG	F	0.02%	0.05%	0.02%
	BIIB	F	0.04%	0.11%	0.04%
	BK	B	0.08%	0.2%	0.08%
	BKNG	B	0.21%	0.35%	0.21%
	BKR	C	0.06%	0.07%	0.06%
	BLDR	C	0.03%	0.05%	0.03%
	BLK	B	0.21%	0.53%	0.21%
	BMY	C	0.16%	0.39%	0.16%
	BRK.A	C	0.91%	3.16%	0.91%
	BSX	B	0.19%	0.25%	0.19%
	BX	C	0.16%	0.23%	0.16%
	BXP	C	0.02%	0.05%	0.02%
	C	C	0.18%	0.46%	0.18%
	CAG	B	0.02%	0.06%	0.02%
	CAH	C	0.04%	0.11%	0.04%
	CARR	B	0.1%	0.11%	0.1%
	CAT	B	0.28%	0.53%	0.28%
	CB	B	0.17%	0.42%	0.17%
	CBRE	B	0.05%	0.06%	0.05%
	CCI	C	0.08%	0.19%	0.08%
	CCK	B	0.02%	0.03%	0.02%
	CCL	C	0.03%	0.07%	0.03%
	CE	D	0.02%	0.02%	0.02%
	CEG	C	0.13%	0.31%	0.13%
	CF	B	0.03%	0.06%	0.03%
	CFG	D	0.03%	0.07%	0.03%
	CG	C	0.01%	0.04%	0.01%
	CHK	C	0.01%	0.03%	0.01%
	CHTR	D	0.05%	0.13%	0.05%
	CI	C	0.15%	0.38%	0.15%
	CINF	C	0.03%	0.05%	0.03%
	CL	C	0.13%	0.23%	0.13%
	CLX	C	0.03%	0.03%	0.03%
	CMCSA	C	0.25%	0.6%	0.25%
	CME	B	0.12%	0.3%	0.12%
	CMI	B	0.06%	0.05%	0.05%
	CMS	B	0.03%	0.05%	0.03%
	CNC	D	0.06%	0.15%	0.06%
	CNH	C	0.02%	0.04%	0.02%
	CNP	C	0.03%	0.07%	0.03%
	COF	B	0.09%	0.22%	0.09%
	COP	F	0.19%	0.49%	0.19%
	COST	C	0.61%	0.83%	0.61%
	CPAY	B	0.03%	0.02%	0.02%
	CPB	C	0.01%	0.04%	0.01%
	CPT	C	0.02%	0.03%	0.02%
	CRL	F	0.01%	0.01%	0.01%
	CSCO	B	0.32%	0.81%	0.32%
	CSX	C	0.1%	0.26%	0.1%
	CTRA	F	0.03%	0.04%	0.03%
	CTSH	B	0.06%	0.15%	0.06%
	CTVA	B	0.06%	0.09%	0.06%
	CVS	D	0.11%	0.28%	0.11%
	CVX	F	0.38%	0.95%	0.38%
	D	C	0.07%	0.11%	0.07%
	DAL	C	0.01%	0.06%	0.01%
	DD	B	0.05%	0.07%	0.05%
	DE	A	0.16%	0.4%	0.16%
	DELL	C	0.05%	0.07%	0.05%
	DFS	C	0.05%	0.06%	0.05%
	DG	F	0.03%	0.07%	0.03%
	DGX	B	0.02%	0.07%	0.02%
	DHI	C	0.08%	0.22%	0.08%
	DHR	B	0.28%	0.68%	0.28%
	DINO	F	0.01%	0.03%	0.01%
	DIS	D	0.26%	0.47%	0.26%
	DKNG	C	0.03%	0.03%	0.03%
	DKS	D	0.02%	0.03%	0.02%
	DLR	B	0.08%	0.05%	0.05%
	DLTR	F	0.02%	0.03%	0.02%
	DOC	B	0.02%	0.06%	0.02%
	DOV	B	0.04%	0.03%	0.03%
	DOW	C	0.06%	0.08%	0.06%
	DRI	C	0.03%	0.04%	0.03%
	DTE	A	0.04%	0.1%	0.04%
	DUK	B	0.14%	0.35%	0.14%
	DVA	B	0.02%	0.02%	0.02%
	DVN	F	0.04%	0.1%	0.04%
	EA	D	0.05%	0.04%	0.04%
	EBAY	B	0.05%	0.08%	0.05%
	ECL	B	0.1%	0.11%	0.1%
	ED	B	0.05%	0.14%	0.05%
	EG	B	0.02%	0.07%	0.02%
	EIX	B	0.05%	0.13%	0.05%
	ELS	D	0.02%	0.02%	0.02%
	ELV	D	0.18%	0.48%	0.18%
	EMN	B	0.02%	0.05%	0.02%
	EMR	D	0.09%	0.23%	0.09%
	ENTG	D	0.03%	0.02%	0.02%
	EOG	D	0.11%	0.28%	0.11%
	EPAM	F	0.02%	0.02%	0.02%
	EQH	C	0.02%	0.05%	0.02%
	EQR	C	0.04%	0.06%	0.04%
	EQT	C	0.03%	0.03%	0.03%
	ES	B	0.04%	0.09%	0.04%
	ESS	C	0.03%	0.04%	0.03%
	ETN	C	0.2%	0.22%	0.2%
	ETR	A	0.05%	0.11%	0.05%
	EVRG	B	0.02%	0.06%	0.02%
	EXC	B	0.06%	0.15%	0.06%
	EXPD	B	0.03%	0.07%	0.03%
	EXPE	C	0.03%	0.03%	0.03%
	EXR	C	0.06%	0.09%	0.06%
	F	F	0.06%	0.16%	0.06%
	FANG	F	0.05%	0.12%	0.05%
	FCX	C	0.11%	0.25%	0.11%
	FDX	D	0.09%	0.22%	0.09%
	FE	B	0.04%	0.09%	0.04%
	FFIV	B	0.02%	0.03%	0.02%
	FIS	C	0.07%	0.18%	0.07%
	FITB	B	0.04%	0.11%	0.04%
	FNF	B	0.02%	0.06%	0.02%
	FOX	B	0.01%	0.02%	0.01%
	FOXA	B	0.02%	0.04%	0.02%
	FTV	C	0.04%	0.03%	0.03%
	GD	C	0.1%	0.29%	0.1%
	GE	C	0.31%	0.36%	0.31%
	GEHC	B	0.06%	0.08%	0.06%
	GEV	B	0.1%	0.13%	0.1%
	GILD	B	0.15%	0.4%	0.15%
	GIS	B	0.06%	0.16%	0.06%
	GLPI	C	0.02%	0.05%	0.02%
	GLW	B	0.05%	0.13%	0.05%
	GM	C	0.08%	0.21%	0.08%
	GOOG	D	1.25%	1.6%	1.25%
	GOOGL	D	1.44%	1.79%	1.44%
	GPC	D	0.03%	0.04%	0.03%
	GPN	D	0.04%	0.07%	0.04%
	GRMN	D	0.04%	0.04%	0.04%
	GS	B	0.24%	0.62%	0.24%
	HAL	F	0.04%	0.05%	0.04%
	HBAN	B	0.03%	0.08%	0.03%
	HCA	B	0.12%	0.29%	0.12%
	HD	B	0.59%	1.49%	0.59%
	HIG	B	0.06%	0.13%	0.06%
	HII	F	0.01%	0.02%	0.01%
	HOLX	D	0.03%	0.07%	0.03%
	HON	C	0.21%	0.51%	0.21%
	HPE	C	0.04%	0.09%	0.04%
	HPQ	C	0.05%	0.13%	0.05%
	HRL	F	0.01%	0.02%	0.01%
	HST	D	0.02%	0.05%	0.02%
	HSY	D	0.04%	0.05%	0.04%
	HUM	F	0.06%	0.14%	0.06%
	IBM	B	0.31%	0.77%	0.31%
	ICE	C	0.13%	0.29%	0.13%
	IFF	A	0.04%	0.1%	0.04%
	INCY	C	0.02%	0.02%	0.02%
	INTC	D	0.15%	0.36%	0.15%
	IP	C	0.03%	0.07%	0.03%
	IPG	C	0.02%	0.04%	0.02%
	IQV	D	0.06%	0.06%	0.06%
	IRM	C	0.05%	0.06%	0.05%
	ITW	B	0.12%	0.29%	0.12%
	J	A	0.03%	0.02%	0.02%
	JBHT	D	0.02%	0.02%	0.02%
	JBL	C	0.02%	0.02%	0.02%
	JCI	B	0.08%	0.08%	0.08%
	JNJ	C	0.59%	1.52%	0.59%
	JNPR	A	0.02%	0.05%	0.02%
	JPM	D	0.91%	2.31%	0.91%
	K	A	0.03%	0.08%	0.03%
	KDP	B	0.06%	0.1%	0.06%
	KEY	C	0.03%	0.06%	0.03%
	KEYS	B	0.04%	0.06%	0.04%
	KHC	C	0.04%	0.12%	0.04%
	KIM	C	0.02%	0.02%	0.02%
	KKR	B	0.13%	0.25%	0.13%
	KLAC	D	0.16%	0.24%	0.16%
	KMB	C	0.07%	0.12%	0.07%
	KMI	C	0.07%	0.16%	0.07%
	KMX	D	0.02%	0.02%	0.02%
	KO	B	0.44%	1.08%	0.44%
	KR	B	0.06%	0.14%	0.06%
	KVUE	B	0.07%	0.15%	0.07%
	L	D	0.02%	0.06%	0.02%
	LDOS	A	0.03%	0.05%	0.03%
	LEN	B	0.07%	0.01%	0.01%
	LEN	B	0.07%	0.17%	0.07%
	LHX	C	0.07%	0.17%	0.07%
	LIN	B	0.35%	0.72%	0.35%
	LKQ	F	0.01%	0.04%	0.01%
	LMT	A	0.19%	0.47%	0.19%
	LNG	D	0.07%	0.11%	0.07%
	LNT	A	0.02%	0.06%	0.02%
	LOW	B	0.23%	0.57%	0.23%
	LRCX	D	0.16%	0.24%	0.16%
	LUV	C	0.01%	0.04%	0.01%
	LYB	D	0.03%	0.09%	0.03%
	MAA	C	0.03%	0.05%	0.03%
	MAR	B	0.09%	0.18%	0.09%
	MAS	B	0.03%	0.04%	0.03%
	MCD	B	0.33%	0.65%	0.33%
	MCHP	D	0.06%	0.09%	0.06%
	MCK	F	0.1%	0.18%	0.1%
	MCO	C	0.12%	0.13%	0.12%
	MDLZ	C	0.15%	0.38%	0.15%
	MDT	B	0.18%	0.44%	0.18%
	MET	B	0.08%	0.19%	0.08%
	META	B	1.88%	2.05%	1.88%
	MGM	D	0.02%	0.02%	0.02%
	MKC	C	0.03%	0.04%	0.03%
	MKL	C	0.03%	0.03%	0.03%
	MMC	C	0.16%	0.31%	0.16%
	MMM	B	0.11%	0.29%	0.11%
	MO	C	0.14%	0.33%	0.14%
	MOH	D	0.03%	0.03%	0.03%
	MOS	F	0.01%	0.03%	0.01%
	MPC	F	0.09%	0.22%	0.09%
	MRK	F	0.44%	0.73%	0.44%
	MRNA	F	0.03%	0.05%	0.03%
	MRO	D	0.03%	0.06%	0.03%
	MS	B	0.19%	0.49%	0.19%
	MSI	B	0.11%	0.19%	0.11%
	MSTR	C	0.04%	0.04%	0.04%
	MTB	C	0.04%	0.11%	0.04%
	MU	D	0.16%	0.39%	0.16%
	NDAQ	C	0.05%	0.07%	0.05%
	NEE	B	0.26%	0.65%	0.26%
	NEM	C	0.09%	0.11%	0.09%
	NI	B	0.02%	0.06%	0.02%
	NKE	D	0.16%	0.3%	0.16%
	NOC	B	0.12%	0.3%	0.12%
	NRG	B	0.03%	0.05%	0.03%
	NSC	C	0.08%	0.22%	0.08%
	NTAP	D	0.04%	0.05%	0.04%
	NTRS	C	0.03%	0.07%	0.03%
	NUE	D	0.06%	0.13%	0.06%
	NVR	B	0.05%	0.11%	0.05%
	NWSA	D	0.02%	0.04%	0.02%
	NXPI	D	0.09%	0.23%	0.09%
	O	B	0.08%	0.14%	0.08%
	OC	C	0.02%	0.06%	0.02%
	OKE	C	0.09%	0.21%	0.09%
	OMC	B	0.03%	0.08%	0.03%
	ON	D	0.05%	0.07%	0.05%
	ORCL	B	0.42%	0.74%	0.42%
	ORLY	B	0.11%	0.19%	0.11%
	OTIS	B	0.06%	0.06%	0.06%
	OVV	F	0.01%	0.04%	0.01%
	OXY	F	0.05%	0.13%	0.05%
	PCAR	D	0.08%	0.2%	0.08%
	PCG	C	0.06%	0.1%	0.06%
	PEG	B	0.07%	0.17%	0.07%
	PEP	D	0.35%	0.91%	0.35%
	PFE	D	0.25%	0.64%	0.25%
	PFG	B	0.03%	0.08%	0.03%
	PG	C	0.62%	1.59%	0.62%
	PGR	C	0.22%	0.27%	0.22%
	PH	B	0.12%	0.17%	0.12%
	PHM	B	0.05%	0.07%	0.05%
	PINS	D	0.03%	0.03%	0.03%
	PKG	B	0.03%	0.07%	0.03%
	PLD	C	0.18%	0.33%	0.18%
	PM	C	0.29%	0.72%	0.29%
	PNC	C	0.11%	0.29%	0.11%
	PNR	B	0.02%	0.02%	0.02%
	POOL	C	0.02%	0.03%	0.02%
	PPG	C	0.04%	0.07%	0.04%
	PPL	A	0.04%	0.09%	0.04%
	PRU	C	0.07%	0.17%	0.07%
	PSA	C	0.09%	0.11%	0.09%
	PSX	F	0.08%	0.21%	0.08%
	PYPL	B	0.12%	0.3%	0.12%
	QCOM	D	0.28%	0.73%	0.28%
	QRVO	F	0.02%	0.02%	0.02%
	RCL	B	0.07%	0.05%	0.05%
	REG	C	0.02%	0.03%	0.02%
	REGN	D	0.17%	0.47%	0.17%
	RF	B	0.03%	0.08%	0.03%
	RJF	C	0.04%	0.04%	0.04%
	ROP	C	0.09%	0.13%	0.09%
	RPM	B	0.02%	0.02%	0.02%
	RPRX	C	0.02%	0.04%	0.02%
	RS	D	0.02%	0.06%	0.02%
	RSG	D	0.07%	0.11%	0.07%
	RTX	B	0.24%	0.6%	0.24%
	SBUX	C	0.16%	0.27%	0.16%
	SCHW	D	0.15%	0.36%	0.15%
	SHW	B	0.14%	0.23%	0.14%
	SJM	C	0.02%	0.05%	0.02%
	SLB	F	0.09%	0.2%	0.09%
	SNA	B	0.02%	0.04%	0.02%
	SO	B	0.15%	0.38%	0.15%
	SOLV	D	0.01%	0.04%	0.01%
	SPG	B	0.09%	0.2%	0.09%
	SPGI	C	0.24%	0.36%	0.24%
	SRE	B	0.08%	0.2%	0.08%
	SSNC	C	0.03%	0.06%	0.03%
	STLD	C	0.03%	0.07%	0.03%
	STT	B	0.04%	0.1%	0.04%
	STX	B	0.03%	0.08%	0.03%
	STZ	C	0.06%	0.07%	0.06%
	SW	B	0.03%	0.09%	0.03%
	SWK	B	0.03%	0.03%	0.03%
	SWKS	F	0.02%	0.06%	0.02%
	SYF	C	0.03%	0.08%	0.03%
	SYK	C	0.19%	0.3%	0.19%
	T	B	0.23%	0.59%	0.23%
	TAP	D	0.01%	0.04%	0.01%
	TDY	B	0.03%	0.04%	0.03%
	TEL	D	0.07%	0.08%	0.07%
	TER	C	0.03%	0.04%	0.03%
	TFC	D	0.08%	0.22%	0.08%
	TFX	B	0.02%	0.03%	0.02%
	TGT	C	0.11%	0.28%	0.11%
	TJX	C	0.2%	0.37%	0.2%
	TMO	B	0.34%	0.77%	0.34%
	TMUS	B	0.17%	0.3%	0.17%
	TRGP	C	0.05%	0.08%	0.05%
	TRMB	C	0.02%	0.02%	0.02%
	TROW	C	0.04%	0.09%	0.04%
	TRV	C	0.08%	0.12%	0.08%
	TSCO	B	0.04%	0.03%	0.03%
	TSN	D	0.02%	0.03%	0.02%
	TT	B	0.13%	0.16%	0.13%
	TXN	B	0.28%	0.72%	0.28%
	TXT	D	0.03%	0.03%	0.03%
	UDR	C	0.02%	0.02%	0.02%
	UHAL	B	0.01%	0.02%	0.01%
	UHAL	B	0.01%	0.0%	0.0%
	UHS	C	0.02%	0.03%	0.02%
	ULTA	D	0.03%	0.04%	0.03%
	UNH	C	0.8%	1.76%	0.8%
	UNP	D	0.23%	0.58%	0.23%
	UPS	D	0.14%	0.36%	0.14%
	URI	B	0.08%	0.1%	0.08%
	USB	C	0.1%	0.28%	0.1%
	UTHR	B	0.02%	0.05%	0.02%
	VICI	C	0.05%	0.13%	0.05%
	VLO	F	0.06%	0.17%	0.06%
	VLTO	B	0.04%	0.04%	0.04%
	VRTX	D	0.18%	0.25%	0.18%
	VST	B	0.07%	0.05%	0.05%
	VTR	C	0.04%	0.06%	0.04%
	VTRS	D	0.02%	0.05%	0.02%
	VZ	A	0.28%	0.72%	0.28%
	WAT	B	0.03%	0.03%	0.03%
	WBA	F	0.01%	0.02%	0.01%
	WBD	D	0.03%	0.07%	0.03%
	WDC	C	0.03%	0.08%	0.03%
	WEC	B	0.04%	0.12%	0.04%
	WELL	C	0.12%	0.18%	0.12%
	WFC	D	0.29%	0.74%	0.29%
	WLK	C	0.01%	0.01%	0.01%
	WM	D	0.13%	0.2%	0.13%
	WMB	C	0.09%	0.21%	0.09%
	WMT	B	0.54%	1.32%	0.54%
	WPC	C	0.02%	0.05%	0.02%
	WRB	D	0.02%	0.03%	0.02%
	WSM	C	0.03%	0.02%	0.02%
	WTRG	D	0.02%	0.03%	0.02%
	WTW	B	0.04%	0.06%	0.04%
	WY	C	0.04%	0.09%	0.04%
	XEL	B	0.05%	0.14%	0.05%
	XOM	D	0.78%	1.97%	0.78%
	ZBH	F	0.03%	0.04%	0.03%
	ZBRA	B	0.03%	0.02%	0.02%
	ZM	C	0.03%	0.06%	0.03%
	ZTS	B	0.13%	0.19%	0.13%

KOKU Overweight 200 Positions Relative to ILCV

	Symbol	Grade	Weight
	MSFT	C	4.62%
	NVDA	C	4.61%
	AMZN	C	2.73%
	LLY	D	1.13%
	TSLA	C	1.12%
	V	C	0.64%
	MA	B	0.62%
	NFLX	B	0.47%
	CRM	C	0.4%
	AMD	C	0.39%
	NVS	C	0.35%
	ADBE	F	0.35%
	INTU	D	0.27%
	NOW	C	0.27%
	ISRG	C	0.26%
	UL	B	0.25%
	UBER	C	0.22%
	TD	C	0.17%
	PANW	D	0.17%
	ANET	C	0.16%
	MELI	C	0.15%
	SHOP	C	0.14%
	CMG	D	0.13%
	SNPS	F	0.12%
	TDG	B	0.12%
	EQIX	B	0.12%
	CDNS	D	0.11%
	DEO	C	0.11%
	PLTR	C	0.11%
	CTAS	C	0.11%
	CNI	D	0.1%
	CRWD	D	0.1%
	ADSK	B	0.09%
	HLT	B	0.09%
	MRVL	D	0.09%
	WDAY	D	0.08%
	FICO	B	0.08%
	LYG	B	0.08%
	ROST	C	0.08%
	ABNB	D	0.08%
	AZO	B	0.08%
	BCS	B	0.07%
	DASH	B	0.07%
	WCN	D	0.07%
	CPRT	D	0.07%
	MSCI	C	0.07%
	GWW	B	0.07%
	FTNT	B	0.07%
	MPWR	B	0.07%
	TTD	B	0.07%
	YUM	B	0.06%
	GOLD	C	0.06%
	VRSK	D	0.06%
	SYY	C	0.06%
	IR	B	0.06%
	AME	C	0.06%
	ODFL	D	0.06%
	MNST	D	0.06%
	HWM	B	0.06%
	FAST	C	0.06%
	EW	F	0.06%
	A	C	0.06%
	IT	C	0.06%
	PWR	B	0.06%
	IDXX	D	0.06%
	PAYX	C	0.06%
	FLUT	C	0.06%
	ARES	B	0.05%
	XYL	C	0.05%
	VEEV	C	0.05%
	COIN	F	0.05%
	WAB	B	0.05%
	DDOG	D	0.05%
	MTD	C	0.05%
	STLA	F	0.05%
	SE	B	0.05%
	VMC	C	0.05%
	ALNY	C	0.05%
	SQ	D	0.05%
	E	D	0.05%
	VRT	C	0.05%
	RMD	C	0.05%
	HES	F	0.05%
	EFX	C	0.05%
	MLM	D	0.05%
	SNOW	F	0.05%
	SMCI	F	0.04%
	BR	C	0.04%
	CHD	C	0.04%
	TEAM	D	0.04%
	DXCM	F	0.04%
	NET	D	0.04%
	BRO	C	0.04%
	DECK	C	0.04%
	TYL	C	0.04%
	HUBS	D	0.04%
	TTWO	D	0.04%
	APP	C	0.04%
	SBAC	C	0.04%
	AXON	B	0.04%
	ANSS	D	0.04%
	ROK	D	0.04%
	CDW	D	0.04%
	LULU	D	0.04%
	CSGP	D	0.04%
	IEX	C	0.03%
	FCNCA	D	0.03%
	MANH	B	0.03%
	VRSN	C	0.03%
	FDS	C	0.03%
	LVS	C	0.03%
	LII	C	0.03%
	LYV	A	0.03%
	CHKP	B	0.03%
	LPLA	D	0.03%
	AER	C	0.03%
	EME	B	0.03%
	CBOE	C	0.03%
	TPL	C	0.03%
	MDB	D	0.03%
	TEVA	D	0.03%
	RBLX	C	0.03%
	ILMN	D	0.03%
	EL	D	0.03%
	TRU	B	0.03%
	GDDY	C	0.03%
	HUBB	B	0.03%
	CSL	B	0.03%
	INVH	D	0.03%
	WST	D	0.03%
	STE	B	0.03%
	PTC	C	0.03%
	FSLR	C	0.03%
	WIX	C	0.02%
	TWLO	C	0.02%
	HEI	C	0.02%
	MNDY	C	0.02%
	NBIX	F	0.02%
	JKHY	B	0.02%
	SNAP	D	0.02%
	OKTA	F	0.02%
	DOCU	C	0.02%
	EXAS	D	0.02%
	AIZ	B	0.02%
	TECH	C	0.02%
	AMH	D	0.02%
	CYBR	B	0.02%
	BMRN	F	0.02%
	TW	B	0.02%
	LOGI	D	0.02%
	GGG	C	0.02%
	CHRW	B	0.02%
	RBA	D	0.02%
	XRX	D	0.02%
	DPZ	D	0.02%
	WSO	C	0.02%
	ENPH	D	0.02%
	NDSN	C	0.02%
	CCEP	C	0.02%
	DT	C	0.02%
	ROL	C	0.02%
	PSTG	F	0.02%
	ERIE	B	0.02%
	HEI	C	0.02%
	SUI	C	0.02%
	ZS	F	0.02%
	BURL	C	0.02%
	PODD	C	0.02%
	GLBE	C	0.01%
	WFG	B	0.01%
	PARA	D	0.01%
	FUTU	A	0.01%
	CELH	F	0.01%
	H	B	0.01%
	BBWI	D	0.01%
	BSY	C	0.01%
	RIVN	F	0.01%
	CRBG	C	0.01%
	GRAB	B	0.01%
	KNX	C	0.01%
	OTEX	D	0.01%
	SEIC	B	0.01%
	MKTX	D	0.01%
	BIO	C	0.01%
	CHRD	F	0.01%
	TTC	F	0.01%
	ROKU	D	0.01%
	PAYC	D	0.01%
	HSIC	C	0.01%
	LW	D	0.01%
	WYNN	C	0.01%
	TOST	C	0.01%
	Z	C	0.01%
	IOT	C	0.01%
	HOOD	C	0.01%
	DAY	D	0.01%
	CTLT	B	0.01%
	QGEN	C	0.01%
	MTCH	C	0.01%
	DOOO	F	0.0%

KOKU Underweight 30 Positions Relative to ILCV

	Symbol	Grade	Weight
	FI	B	-0.31%
	CRH	B	-0.25%
	FERG	D	-0.15%
	UAL	B	-0.07%
	COR	F	-0.07%
	LH	D	-0.07%
	RGA	C	-0.06%
	THC	C	-0.06%
	RNR	B	-0.05%
	FLEX	B	-0.04%
	TOL	A	-0.04%
	UNM	B	-0.04%
	CPNG	B	-0.04%
	USFD	C	-0.03%
	GEN	A	-0.03%
	AR	C	-0.03%
	RVTY	B	-0.03%
	CASY	D	-0.02%
	XPO	D	-0.02%
	RRX	C	-0.02%
	SCI	C	-0.02%
	BLD	C	-0.02%
	BJ	D	-0.02%
	SNX	C	-0.02%
	SIRI	C	-0.02%
	COO	C	-0.02%
	AGR	C	-0.01%
	NWS	D	-0.01%
	PAG	D	-0.01%
	COTY	D	-0.0%

KOKU: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Utilities - Regulated Electric Business Services Asset Management Diagnostics & Research Semiconductors Oil & Gas E&P Software - Infrastructure Capital Markets Specialty Retail Aerospace & Defense Banks - Regional - US Biotechnology Drug Manufacturers - Major REIT - Residential Specialty Chemicals Insurance - Property & Casualty Internet Content & Information Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Dow Jones Component Chemical Telecommunications Aerospace Bank Real Estate Investment Trust Medicine Banking Insurance Products Semiconductor Cloud Computing Mining IBD 50

ILCV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Diversified Industrials Oil & Gas E&P Asset Management Semiconductors Specialty Chemicals Banks - Regional - US Insurance - Property & Casualty Specialty Retail Business Services Diagnostics & Research Drug Manufacturers - Major Packaged Foods Aerospace & Defense Health Care Plans REIT - Residential Utilities - Diversified Biotechnology Capital Markets Household & Personal Products

Keywords: S&P 500 Nasdaq 100 Natural Gas Insurance Electricity Dow Jones Component Electronics Computing Real Estate Investment Trust Aerospace Chemical Bank Insurance Products Banking Medicine Semiconductor Petroleum Industry Telecommunications Beverage Disability