BBUS vs. HKND ETF Comparison

Comparison of JPMorgan BetaBuilders U.S. Equity ETF (BBUS) to Humankind US Stock ETF (HKND)

BBUS

JPMorgan BetaBuilders U.S. Equity ETF

BBUS Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg Barclays Short-Term U.S. Aggregate Bond Index. The index measures the performance of U.S. dollar denominated investment grade taxable bonds with remaining effective maturities between one and five years. The fund will invest at least 80% of its assets (net assets, plus the amount of borrowing for investment purposes) in securities included in the underlying index.

Grade (RS Rating)

Last Trade

$107.85

Average Daily Volume

114,622

Number of Holdings ^*

543

* may have additional holdings in another (foreign) market

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 ^*

960

* may have additional holdings in another (foreign) market

Performance

Period	BBUS	HKND
30 Days	3.35%	1.63%
60 Days	4.87%	0.72%
90 Days	6.62%	1.42%
12 Months	33.27%	19.65%

360 Overlapping Holdings

	Symbol	Grade	Weight in BBUS	Weight in HKND	Overlap
	A	D	0.07%	0.14%	0.07%
	AAPL	C	6.16%	2.18%	2.18%
	ABBV	D	0.58%	1.67%	0.58%
	ABNB	C	0.11%	0.01%	0.01%
	ABT	B	0.39%	1.09%	0.39%
	ACI	C	0.01%	0.07%	0.01%
	ADBE	C	0.45%	0.05%	0.05%
	ADI	D	0.21%	0.04%	0.04%
	ADM	D	0.05%	1.37%	0.05%
	ADP	B	0.24%	0.07%	0.07%
	ADSK	A	0.13%	0.01%	0.01%
	AFG	A	0.02%	0.04%	0.02%
	AFL	B	0.11%	0.09%	0.09%
	AIG	B	0.09%	0.23%	0.09%
	AJG	B	0.12%	0.04%	0.04%
	AKAM	D	0.03%	0.01%	0.01%
	ALB	C	0.02%	0.01%	0.01%
	ALGN	F	0.03%	0.02%	0.02%
	ALL	A	0.1%	0.22%	0.1%
	ALNY	D	0.06%	0.09%	0.06%
	AMAT	F	0.3%	0.14%	0.14%
	AMD	F	0.44%	0.06%	0.06%
	AME	A	0.09%	0.01%	0.01%
	AMGN	D	0.31%	0.96%	0.31%
	AMP	A	0.11%	0.09%	0.09%
	AMT	D	0.17%	0.03%	0.03%
	AMZN	C	3.79%	0.68%	0.68%
	ANET	C	0.19%	0.02%	0.02%
	ANSS	B	0.06%	0.01%	0.01%
	APD	A	0.13%	0.02%	0.02%
	APH	A	0.16%	0.05%	0.05%
	APO	B	0.12%	0.04%	0.04%
	ARE	D	0.03%	0.01%	0.01%
	ARES	A	0.06%	0.02%	0.02%
	AVB	B	0.06%	0.07%	0.06%
	AVGO	D	1.54%	0.12%	0.12%
	AVTR	F	0.03%	0.12%	0.03%
	AWK	D	0.05%	0.34%	0.05%
	AXP	A	0.31%	0.23%	0.23%
	AZO	C	0.1%	0.04%	0.04%
	BAC	A	0.59%	0.59%	0.59%
	BAX	D	0.03%	0.7%	0.03%
	BBY	D	0.03%	0.25%	0.03%
	BDX	F	0.13%	1.09%	0.13%
	BEN	C	0.01%	0.04%	0.01%
	BG	F	0.02%	0.82%	0.02%
	BIIB	F	0.05%	0.24%	0.05%
	BK	A	0.11%	0.12%	0.11%
	BKNG	A	0.32%	0.08%	0.08%
	BLDR	D	0.04%	0.02%	0.02%
	BMRN	D	0.02%	0.07%	0.02%
	BMY	B	0.23%	1.05%	0.23%
	BR	A	0.05%	0.02%	0.02%
	BRO	B	0.05%	0.02%	0.02%
	BSX	B	0.25%	0.76%	0.25%
	BSY	D	0.01%	0.0%	0.0%
	BURL	A	0.03%	0.01%	0.01%
	BXP	D	0.02%	0.02%	0.02%
	C	A	0.25%	0.44%	0.25%
	CAG	D	0.03%	0.31%	0.03%
	CAH	B	0.06%	0.33%	0.06%
	CARR	D	0.12%	0.0%	0.0%
	CBRE	B	0.08%	0.12%	0.08%
	CCI	D	0.08%	0.02%	0.02%
	CDNS	B	0.15%	0.01%	0.01%
	CDW	F	0.05%	0.06%	0.05%
	CE	F	0.02%	0.01%	0.01%
	CF	B	0.03%	0.98%	0.03%
	CFG	B	0.04%	0.04%	0.04%
	CG	A	0.02%	0.03%	0.02%
	CHD	B	0.05%	0.37%	0.05%
	CHTR	C	0.07%	0.2%	0.07%
	CI	F	0.18%	1.0%	0.18%
	CINF	A	0.04%	0.04%	0.04%
	CL	D	0.14%	1.18%	0.14%
	CLX	B	0.04%	0.24%	0.04%
	CMCSA	B	0.33%	0.71%	0.33%
	CME	A	0.16%	0.03%	0.03%
	CMI	A	0.09%	0.06%	0.06%
	CNC	D	0.06%	0.26%	0.06%
	COF	B	0.14%	0.2%	0.14%
	COIN	C	0.12%	0.01%	0.01%
	COR	B	0.08%	0.34%	0.08%
	COST	B	0.79%	0.11%	0.11%
	CPB	D	0.02%	0.07%	0.02%
	CPT	B	0.02%	0.03%	0.02%
	CRBG	B	0.01%	0.06%	0.01%
	CRL	C	0.02%	0.09%	0.02%
	CRM	B	0.61%	0.1%	0.1%
	CSCO	B	0.45%	0.19%	0.19%
	CSGP	D	0.06%	0.01%	0.01%
	CSX	B	0.14%	0.01%	0.01%
	CTAS	B	0.15%	0.04%	0.04%
	CTSH	B	0.08%	0.08%	0.08%
	CTVA	C	0.08%	1.43%	0.08%
	CVS	D	0.13%	0.43%	0.13%
	DAY	B	0.02%	0.01%	0.01%
	DD	D	0.07%	0.31%	0.07%
	DE	A	0.19%	1.95%	0.19%
	DELL	C	0.07%	1.11%	0.07%
	DFS	B	0.09%	0.09%	0.09%
	DGX	A	0.03%	0.62%	0.03%
	DHI	D	0.09%	0.14%	0.09%
	DHR	F	0.3%	0.51%	0.3%
	DIS	B	0.35%	0.24%	0.24%
	DLR	B	0.11%	0.02%	0.02%
	DOC	D	0.03%	0.01%	0.01%
	DOV	A	0.05%	0.01%	0.01%
	DOW	F	0.06%	0.17%	0.06%
	DXCM	D	0.06%	0.14%	0.06%
	EA	A	0.08%	0.02%	0.02%
	EBAY	D	0.06%	0.05%	0.05%
	ECL	D	0.12%	0.89%	0.12%
	EFX	F	0.06%	0.01%	0.01%
	EL	F	0.03%	0.03%	0.03%
	ELS	C	0.03%	0.03%	0.03%
	ELV	F	0.18%	0.32%	0.18%
	EMN	D	0.02%	0.01%	0.01%
	EMR	A	0.14%	0.04%	0.04%
	ENPH	F	0.02%	0.07%	0.02%
	ENTG	D	0.03%	0.02%	0.02%
	EPAM	C	0.03%	0.02%	0.02%
	EQH	B	0.03%	0.06%	0.03%
	EQIX	A	0.16%	0.02%	0.02%
	EQR	B	0.05%	0.07%	0.05%
	ESS	B	0.04%	0.04%	0.04%
	EW	C	0.08%	0.28%	0.08%
	EWBC	A	0.03%	0.01%	0.01%
	EXAS	D	0.02%	0.03%	0.02%
	EXPE	B	0.04%	0.05%	0.04%
	EXR	D	0.07%	0.0%	0.0%
	FAST	B	0.09%	0.03%	0.03%
	FCNCA	A	0.05%	0.01%	0.01%
	FDS	B	0.04%	0.01%	0.01%
	FDX	B	0.12%	0.01%	0.01%
	FFIV	B	0.03%	0.01%	0.01%
	FI	A	0.23%	0.07%	0.07%
	FICO	B	0.11%	0.01%	0.01%
	FIS	C	0.09%	0.04%	0.04%
	FITB	A	0.06%	0.05%	0.05%
	FNF	B	0.03%	0.07%	0.03%
	FOX	A	0.01%	0.07%	0.01%
	FSLR	F	0.04%	0.14%	0.04%
	FTNT	C	0.12%	0.02%	0.02%
	FTV	C	0.05%	0.01%	0.01%
	GDDY	A	0.05%	0.01%	0.01%
	GEHC	F	0.06%	0.9%	0.06%
	GEN	B	0.03%	0.01%	0.01%
	GILD	C	0.23%	0.85%	0.23%
	GIS	D	0.07%	0.26%	0.07%
	GLW	B	0.07%	0.11%	0.07%
	GOOGL	C	2.04%	4.19%	2.04%
	GPC	D	0.03%	0.04%	0.03%
	GPN	B	0.06%	0.04%	0.04%
	GS	A	0.37%	0.39%	0.37%
	GWW	B	0.1%	0.06%	0.06%
	HBAN	A	0.05%	0.03%	0.03%
	HCA	F	0.13%	0.85%	0.13%
	HD	A	0.77%	0.4%	0.4%
	HIG	B	0.07%	0.1%	0.07%
	HLT	A	0.12%	0.03%	0.03%
	HOLX	D	0.04%	0.26%	0.04%
	HPE	B	0.05%	0.22%	0.05%
	HPQ	A	0.07%	0.79%	0.07%
	HST	C	0.02%	0.02%	0.02%
	HSY	F	0.05%	0.06%	0.05%
	HUBB	B	0.05%	0.01%	0.01%
	HUM	C	0.06%	0.23%	0.06%
	IBM	C	0.37%	0.25%	0.25%
	ICE	C	0.17%	0.03%	0.03%
	IDXX	F	0.07%	0.02%	0.02%
	IEX	B	0.03%	0.01%	0.01%
	IFF	D	0.04%	0.05%	0.04%
	ILMN	D	0.04%	0.1%	0.04%
	INCY	C	0.03%	0.11%	0.03%
	INTC	D	0.2%	1.8%	0.2%
	INTU	C	0.38%	0.03%	0.03%
	INVH	D	0.04%	0.05%	0.04%
	IPG	D	0.02%	0.03%	0.02%
	IQV	D	0.07%	0.43%	0.07%
	IR	B	0.08%	0.01%	0.01%
	IRM	D	0.06%	0.01%	0.01%
	ISRG	A	0.36%	0.35%	0.35%
	IT	C	0.08%	0.03%	0.03%
	ITW	B	0.15%	0.03%	0.03%
	J	F	0.04%	0.28%	0.04%
	JKHY	D	0.02%	0.01%	0.01%
	JNJ	D	0.7%	1.97%	0.7%
	JNPR	F	0.02%	0.01%	0.01%
	JPM	A	1.31%	0.77%	0.77%
	K	A	0.04%	0.26%	0.04%
	KDP	D	0.07%	0.03%	0.03%
	KEY	B	0.03%	0.04%	0.03%
	KEYS	A	0.05%	0.01%	0.01%
	KIM	A	0.03%	0.01%	0.01%
	KLAC	D	0.17%	0.04%	0.04%
	KMB	D	0.09%	0.09%	0.09%
	KO	D	0.47%	0.01%	0.01%
	KR	B	0.08%	0.23%	0.08%
	KVUE	A	0.08%	0.43%	0.08%
	L	A	0.03%	0.06%	0.03%
	LEN	D	0.08%	0.14%	0.08%
	LEN	D	0.0%	0.14%	0.0%
	LH	C	0.04%	0.93%	0.04%
	LKQ	D	0.02%	0.03%	0.02%
	LLY	F	1.33%	1.74%	1.33%
	LOW	D	0.29%	0.25%	0.25%
	LPLA	A	0.05%	0.05%	0.05%
	LRCX	F	0.19%	0.09%	0.09%
	LYV	A	0.04%	0.04%	0.04%
	MA	C	0.83%	0.12%	0.12%
	MAA	B	0.04%	0.05%	0.04%
	MAR	B	0.13%	0.06%	0.06%
	MAS	D	0.03%	0.02%	0.02%
	MCHP	F	0.07%	0.02%	0.02%
	MCK	B	0.15%	0.52%	0.15%
	MCO	B	0.14%	0.03%	0.03%
	MDLZ	F	0.17%	0.29%	0.17%
	MET	A	0.09%	0.21%	0.09%
	MKC	D	0.04%	0.04%	0.04%
	MKL	A	0.04%	0.06%	0.04%
	MMC	B	0.21%	0.12%	0.12%
	MMM	D	0.14%	0.06%	0.06%
	MOH	F	0.04%	0.07%	0.04%
	MOS	F	0.02%	1.63%	0.02%
	MPWR	F	0.06%	0.0%	0.0%
	MRK	F	0.48%	1.52%	0.48%
	MRNA	F	0.03%	0.15%	0.03%
	MRVL	B	0.15%	0.02%	0.02%
	MS	A	0.32%	0.45%	0.32%
	MSCI	C	0.09%	0.01%	0.01%
	MSFT	F	6.03%	2.38%	2.38%
	MSI	B	0.16%	0.03%	0.03%
	MTB	A	0.07%	0.04%	0.04%
	MTD	D	0.05%	0.07%	0.05%
	MU	D	0.22%	0.12%	0.12%
	NBIX	C	0.02%	0.07%	0.02%
	NDAQ	A	0.06%	0.02%	0.02%
	NFLX	A	0.67%	0.1%	0.1%
	NOW	A	0.41%	0.02%	0.02%
	NSC	B	0.12%	0.01%	0.01%
	NTAP	C	0.05%	0.03%	0.03%
	NTRS	A	0.04%	0.04%	0.04%
	NVDA	C	6.74%	0.11%	0.11%
	NVR	D	0.05%	0.05%	0.05%
	NWS	A	0.01%	0.03%	0.01%
	O	D	0.1%	0.01%	0.01%
	OMC	C	0.04%	0.05%	0.04%
	ON	D	0.06%	0.03%	0.03%
	ORCL	B	0.58%	0.22%	0.22%
	ORLY	B	0.14%	0.04%	0.04%
	OTIS	C	0.08%	0.02%	0.02%
	PANW	C	0.25%	0.02%	0.02%
	PAYC	B	0.02%	0.01%	0.01%
	PAYX	C	0.09%	0.02%	0.02%
	PEP	F	0.43%	0.38%	0.38%
	PFE	D	0.28%	1.42%	0.28%
	PFG	D	0.04%	0.06%	0.04%
	PG	A	0.75%	3.88%	0.75%
	PGR	A	0.29%	0.22%	0.22%
	PH	A	0.17%	0.04%	0.04%
	PHM	D	0.05%	0.07%	0.05%
	PLD	D	0.2%	0.02%	0.02%
	PNC	B	0.16%	0.12%	0.12%
	PODD	C	0.04%	0.09%	0.04%
	POOL	C	0.03%	0.0%	0.0%
	PPG	F	0.06%	0.03%	0.03%
	PRU	A	0.09%	0.18%	0.09%
	PSA	D	0.1%	0.01%	0.01%
	PTC	A	0.04%	0.0%	0.0%
	PWR	A	0.09%	0.02%	0.02%
	PYPL	B	0.17%	0.1%	0.1%
	QCOM	F	0.35%	0.14%	0.14%
	QRVO	F	0.01%	0.01%	0.01%
	REG	B	0.02%	0.01%	0.01%
	REGN	F	0.17%	0.41%	0.17%
	RF	A	0.05%	0.04%	0.04%
	RGA	A	0.03%	0.06%	0.03%
	RJF	A	0.06%	0.07%	0.06%
	RMD	C	0.07%	0.19%	0.07%
	ROK	B	0.06%	0.02%	0.02%
	ROP	B	0.12%	0.01%	0.01%
	ROST	C	0.09%	0.02%	0.02%
	RPRX	D	0.02%	0.1%	0.02%
	RSG	A	0.08%	0.04%	0.04%
	RVTY	F	0.03%	0.11%	0.03%
	SBAC	D	0.05%	0.01%	0.01%
	SCHW	B	0.22%	0.09%	0.09%
	SHW	A	0.17%	0.05%	0.05%
	SIRI	C	0.01%	0.02%	0.01%
	SJM	D	0.02%	0.46%	0.02%
	SMCI	F	0.02%	0.01%	0.01%
	SNA	A	0.04%	0.01%	0.01%
	SNPS	B	0.16%	0.02%	0.02%
	SPG	B	0.1%	0.03%	0.03%
	SPGI	C	0.3%	0.03%	0.03%
	SQ	A	0.09%	0.07%	0.07%
	SSNC	B	0.03%	0.02%	0.02%
	STT	A	0.05%	0.1%	0.05%
	SUI	D	0.03%	0.05%	0.03%
	SWK	D	0.03%	0.03%	0.03%
	SWKS	F	0.03%	0.02%	0.02%
	SYF	B	0.05%	0.09%	0.05%
	SYK	C	0.27%	1.2%	0.27%
	SYY	B	0.07%	0.07%	0.07%
	T	A	0.3%	0.89%	0.3%
	TECH	D	0.02%	0.06%	0.02%
	TER	D	0.03%	0.01%	0.01%
	TFC	A	0.12%	0.11%	0.11%
	TFX	F	0.02%	0.14%	0.02%
	TGT	F	0.14%	0.13%	0.13%
	TJX	A	0.26%	0.07%	0.07%
	TMO	F	0.4%	0.75%	0.4%
	TMUS	B	0.22%	0.44%	0.22%
	TRMB	B	0.03%	0.01%	0.01%
	TROW	B	0.05%	0.04%	0.04%
	TRU	D	0.04%	0.01%	0.01%
	TRV	B	0.11%	0.18%	0.11%
	TSCO	D	0.06%	0.02%	0.02%
	TSLA	B	1.75%	0.21%	0.21%
	TTD	B	0.11%	0.0%	0.0%
	TTWO	A	0.06%	0.01%	0.01%
	TXN	C	0.37%	0.1%	0.1%
	TYL	C	0.05%	0.01%	0.01%
	UDR	B	0.03%	0.03%	0.03%
	UHS	D	0.02%	0.18%	0.02%
	ULTA	F	0.03%	0.02%	0.02%
	UNH	C	1.08%	0.96%	0.96%
	UNP	C	0.28%	0.02%	0.02%
	UPS	C	0.18%	0.03%	0.03%
	URI	B	0.11%	0.01%	0.01%
	USB	A	0.15%	0.14%	0.14%
	V	A	0.99%	0.17%	0.17%
	VEEV	C	0.07%	0.01%	0.01%
	VLTO	D	0.05%	0.32%	0.05%
	VRSK	A	0.08%	0.01%	0.01%
	VRSN	F	0.03%	0.01%	0.01%
	VRT	B	0.09%	0.02%	0.02%
	VRTX	F	0.24%	0.61%	0.24%
	VTR	C	0.05%	0.06%	0.05%
	VTRS	A	0.03%	0.25%	0.03%
	VZ	C	0.33%	0.86%	0.33%
	WAT	B	0.04%	0.07%	0.04%
	WBA	F	0.01%	0.21%	0.01%
	WBD	C	0.04%	0.08%	0.04%
	WDAY	B	0.11%	0.02%	0.02%
	WDC	D	0.04%	0.1%	0.04%
	WELL	A	0.16%	0.03%	0.03%
	WFC	A	0.47%	0.53%	0.47%
	WLK	D	0.01%	0.05%	0.01%
	WM	A	0.16%	0.06%	0.06%
	WMT	A	0.71%	1.15%	0.71%
	WPC	D	0.02%	0.01%	0.01%
	WRB	A	0.04%	0.04%	0.04%
	WSO	A	0.04%	0.03%	0.03%
	WST	C	0.05%	0.07%	0.05%
	XYL	D	0.06%	0.01%	0.01%
	ZBH	C	0.04%	0.45%	0.04%
	ZBRA	B	0.04%	0.04%	0.04%
	ZG	A	0.01%	0.03%	0.01%

BBUS Overweight 183 Positions Relative to HKND

	Symbol	Grade	Weight
	META	D	2.46%
	GOOG	C	1.83%
	BRK.A	B	1.61%
	XOM	B	1.02%
	CVX	A	0.5%
	ACN	C	0.43%
	LIN	D	0.42%
	MCD	D	0.41%
	GE	D	0.38%
	CAT	B	0.37%
	PM	B	0.37%
	RTX	C	0.31%
	NEE	D	0.29%
	HON	B	0.29%
	UBER	D	0.28%
	ETN	A	0.28%
	COP	C	0.25%
	BX	A	0.25%
	PLTR	B	0.23%
	LMT	D	0.23%
	SBUX	A	0.22%
	MDT	D	0.22%
	BA	F	0.21%
	CB	C	0.2%
	KKR	A	0.19%
	TT	A	0.18%
	MO	A	0.18%
	SO	D	0.18%
	MELI	D	0.18%
	DUK	C	0.17%
	GEV	B	0.17%
	NKE	D	0.17%
	CMG	B	0.16%
	AON	A	0.16%
	TDG	D	0.15%
	EOG	A	0.15%
	GD	F	0.15%
	NOC	D	0.15%
	CRWD	B	0.15%
	ZTS	D	0.15%
	CEG	D	0.14%
	WMB	A	0.13%
	PCAR	B	0.12%
	FCX	D	0.12%
	OKE	A	0.12%
	SLB	C	0.12%
	GM	B	0.12%
	RCL	A	0.11%
	JCI	C	0.11%
	NXPI	D	0.11%
	SRE	A	0.11%
	CPRT	A	0.1%
	MPC	D	0.1%
	PSX	C	0.1%
	KMI	A	0.1%
	DASH	A	0.1%
	VST	B	0.09%
	HWM	A	0.09%
	D	C	0.09%
	NEM	D	0.09%
	LNG	B	0.09%
	AEP	D	0.09%
	LHX	C	0.09%
	HES	B	0.08%
	MNST	C	0.08%
	SNOW	C	0.08%
	DAL	C	0.08%
	PCG	A	0.08%
	AXON	A	0.08%
	TRGP	B	0.08%
	ODFL	B	0.08%
	PEG	A	0.08%
	F	C	0.08%
	VLO	C	0.08%
	BKR	B	0.08%
	WAB	B	0.07%
	LULU	C	0.07%
	HUBS	A	0.07%
	DDOG	A	0.07%
	NUE	C	0.07%
	MLM	B	0.07%
	ACGL	D	0.07%
	YUM	B	0.07%
	XEL	A	0.07%
	EXC	C	0.07%
	VMC	B	0.07%
	STZ	D	0.07%
	TEAM	A	0.07%
	UAL	A	0.06%
	CPNG	D	0.06%
	WEC	A	0.06%
	FANG	D	0.06%
	ETR	B	0.06%
	OXY	D	0.06%
	EIX	B	0.06%
	VICI	C	0.06%
	WTW	B	0.06%
	GRMN	B	0.06%
	ED	D	0.06%
	DVN	F	0.05%
	AEE	A	0.05%
	PPL	B	0.05%
	CCL	B	0.05%
	EQT	B	0.05%
	DTE	C	0.05%
	SW	A	0.05%
	CPAY	A	0.05%
	HAL	C	0.05%
	LDOS	C	0.05%
	TPL	A	0.05%
	NET	B	0.05%
	DECK	A	0.05%
	KHC	F	0.05%
	RBLX	C	0.05%
	PINS	D	0.04%
	CTRA	B	0.04%
	LUV	C	0.04%
	BALL	D	0.04%
	ZS	C	0.04%
	NRG	B	0.04%
	CNP	B	0.04%
	LII	A	0.04%
	IP	B	0.04%
	LVS	C	0.04%
	DRI	B	0.04%
	STX	D	0.04%
	CMS	C	0.04%
	MDB	C	0.04%
	ZM	B	0.04%
	FE	C	0.04%
	ES	D	0.04%
	STLD	B	0.04%
	PKG	A	0.04%
	LYB	F	0.04%
	STE	F	0.04%
	ATO	A	0.04%
	WY	D	0.04%
	TDY	B	0.04%
	BAH	F	0.04%
	APTV	D	0.03%
	EVRG	A	0.03%
	AMCR	D	0.03%
	DT	C	0.03%
	ROL	B	0.03%
	LNT	A	0.03%
	DPZ	C	0.03%
	FLEX	A	0.03%
	HEI	B	0.03%
	EG	C	0.03%
	MRO	B	0.03%
	JBHT	C	0.03%
	NI	A	0.03%
	AVY	D	0.03%
	TWLO	A	0.03%
	DG	F	0.03%
	OC	A	0.03%
	TXT	D	0.03%
	EXPD	D	0.03%
	DOCU	A	0.03%
	PNR	A	0.03%
	TSN	B	0.03%
	APA	D	0.02%
	HII	D	0.02%
	WYNN	D	0.02%
	HRL	D	0.02%
	MGM	D	0.02%
	SCCO	F	0.02%
	CNH	C	0.02%
	AES	F	0.02%
	TAP	C	0.02%
	FOXA	B	0.02%
	NWSA	B	0.02%
	HEI	B	0.02%
	CCK	C	0.02%
	LW	C	0.02%
	Z	A	0.02%
	KMX	B	0.02%
	SNAP	C	0.02%
	ALLE	D	0.02%
	OKTA	C	0.02%
	DLTR	F	0.02%
	U	C	0.01%
	AGR	B	0.0%

BBUS Underweight 601 Positions Relative to HKND

	Symbol	Grade	Weight
	FMC	D	-0.66%
	AGCO	D	-0.66%
	FDP	B	-0.57%
	INGR	B	-0.53%
	THC	D	-0.32%
	SPB	C	-0.29%
	FELE	B	-0.27%
	ZWS	B	-0.19%
	SOLV	C	-0.17%
	LUMN	C	-0.15%
	ENOV	C	-0.15%
	CTLT	B	-0.14%
	JBL	B	-0.14%
	DVA	B	-0.13%
	AIZ	A	-0.13%
	BLK	C	-0.12%
	HSIC	B	-0.12%
	SEM	B	-0.11%
	TITN	C	-0.11%
	RDNT	B	-0.1%
	IART	C	-0.1%
	AHCO	F	-0.1%
	FTRE	D	-0.1%
	MASI	A	-0.1%
	ICUI	D	-0.1%
	MAN	D	-0.09%
	UTHR	C	-0.09%
	FLO	D	-0.09%
	BIO	D	-0.09%
	EMBC	C	-0.08%
	RUN	F	-0.08%
	DXC	B	-0.08%
	UAN	B	-0.08%
	EHC	B	-0.08%
	KD	B	-0.08%
	OGN	D	-0.08%
	WTRG	B	-0.08%
	ITGR	B	-0.08%
	ACM	B	-0.08%
	ALG	B	-0.08%
	LXU	B	-0.08%
	GMED	A	-0.07%
	CWT	D	-0.07%
	MMSI	B	-0.07%
	HAE	C	-0.07%
	POST	C	-0.07%
	UNFI	A	-0.06%
	BERY	B	-0.06%
	GXO	B	-0.06%
	SNX	C	-0.06%
	EXEL	B	-0.06%
	CNMD	C	-0.06%
	AYI	B	-0.06%
	FAF	A	-0.05%
	JLL	D	-0.05%
	LBRDA	C	-0.05%
	SJW	D	-0.05%
	JEF	A	-0.05%
	BRKR	D	-0.05%
	WHR	B	-0.05%
	ROKU	D	-0.05%
	TOL	B	-0.05%
	OPK	C	-0.05%
	LNC	B	-0.05%
	SRPT	D	-0.05%
	SMG	D	-0.05%
	PEN	B	-0.05%
	HUN	F	-0.04%
	LNN	B	-0.04%
	SNEX	B	-0.04%
	RHI	B	-0.04%
	TMHC	B	-0.04%
	GME	C	-0.04%
	MEDP	D	-0.04%
	RVMD	C	-0.04%
	PCVX	D	-0.04%
	ORI	A	-0.04%
	SCSC	B	-0.04%
	ITCI	C	-0.04%
	OMI	F	-0.04%
	NOVT	D	-0.04%
	AVNS	F	-0.04%
	MD	B	-0.04%
	TTC	D	-0.04%
	CR	A	-0.04%
	TDS	B	-0.04%
	AWR	B	-0.04%
	WMG	C	-0.04%
	FYBR	D	-0.04%
	KLG	C	-0.04%
	UNM	A	-0.04%
	ALLY	C	-0.04%
	TWI	F	-0.03%
	LNTH	D	-0.03%
	CORT	B	-0.03%
	USM	B	-0.03%
	OPCH	D	-0.03%
	KMPR	B	-0.03%
	HALO	F	-0.03%
	KBH	D	-0.03%
	JXN	C	-0.03%
	HWKN	B	-0.03%
	THG	A	-0.03%
	SMMT	D	-0.03%
	WTS	B	-0.03%
	ENSG	D	-0.03%
	CSL	C	-0.03%
	NEO	C	-0.03%
	GNW	A	-0.03%
	MIDD	C	-0.03%
	SGRY	F	-0.03%
	IONS	F	-0.03%
	CHWY	B	-0.03%
	CYTK	F	-0.03%
	VOYA	B	-0.03%
	AMH	D	-0.03%
	OFIX	B	-0.03%
	SF	B	-0.03%
	RS	B	-0.03%
	AMRX	C	-0.03%
	ENR	B	-0.03%
	DAR	C	-0.03%
	IRDM	D	-0.03%
	REZI	A	-0.03%
	BPMC	C	-0.03%
	IVZ	B	-0.03%
	SANM	B	-0.03%
	VYX	B	-0.03%
	CNXN	C	-0.03%
	VKTX	F	-0.03%
	BKD	D	-0.02%
	SUPN	C	-0.02%
	BBWI	D	-0.02%
	NTRA	B	-0.02%
	SEE	C	-0.02%
	MSEX	B	-0.02%
	STC	B	-0.02%
	JANX	C	-0.02%
	DNLI	D	-0.02%
	SCI	B	-0.02%
	APP	B	-0.02%
	AIT	A	-0.02%
	ACLX	C	-0.02%
	PCRX	C	-0.02%
	EWTX	C	-0.02%
	UTZ	D	-0.02%
	SIGI	C	-0.02%
	AVT	C	-0.02%
	SRRK	B	-0.02%
	NATL	B	-0.02%
	RARE	D	-0.02%
	GL	B	-0.02%
	TGTX	B	-0.02%
	KELYA	F	-0.02%
	CCS	D	-0.02%
	ATR	B	-0.02%
	ADTN	A	-0.02%
	CENTA	C	-0.02%
	EVR	B	-0.02%
	ESAB	B	-0.02%
	AAP	C	-0.02%
	GKOS	B	-0.02%
	APLS	D	-0.02%
	DOX	D	-0.02%
	INSM	C	-0.02%
	MHO	D	-0.02%
	THS	D	-0.02%
	FHN	A	-0.02%
	AXSM	B	-0.02%
	PLXS	B	-0.02%
	ADV	D	-0.02%
	R	B	-0.02%
	PFSI	D	-0.02%
	COOP	B	-0.02%
	WCC	B	-0.02%
	ZION	B	-0.02%
	DKS	C	-0.02%
	SMPL	B	-0.02%
	ATEC	C	-0.02%
	TPH	D	-0.02%
	KRYS	B	-0.02%
	AORT	B	-0.02%
	BHF	B	-0.02%
	WMS	D	-0.02%
	ALIT	C	-0.02%
	ACAD	D	-0.02%
	AZTA	D	-0.02%
	GH	B	-0.02%
	AMKR	D	-0.02%
	MCY	A	-0.02%
	CRNX	C	-0.02%
	NWL	B	-0.02%
	GAP	B	-0.02%
	CMA	A	-0.02%
	PTCT	B	-0.02%
	LECO	B	-0.02%
	XRX	F	-0.02%
	JJSF	B	-0.02%
	COMP	B	-0.02%
	IBKR	A	-0.02%
	MMS	F	-0.02%
	TNET	D	-0.02%
	WU	D	-0.02%
	OPEN	D	-0.02%
	OMF	A	-0.02%
	BBIO	F	-0.02%
	TPG	A	-0.02%
	AMED	F	-0.02%
	EME	C	-0.02%
	GFS	C	-0.02%
	MDGL	B	-0.02%
	TNDM	F	-0.02%
	FLGT	F	-0.02%
	RKT	F	-0.02%
	ATRC	C	-0.02%
	ARW	D	-0.02%
	NUVL	D	-0.02%
	CHE	D	-0.02%
	NSP	D	-0.02%
	ABM	B	-0.02%
	MTH	D	-0.02%
	ITT	A	-0.01%
	UVE	B	-0.01%
	CCRN	F	-0.01%
	SONO	C	-0.01%
	VCYT	B	-0.01%
	CTS	C	-0.01%
	OCUL	D	-0.01%
	AEO	F	-0.01%
	CGEM	F	-0.01%
	PCTY	B	-0.01%
	FIVE	F	-0.01%
	MAT	D	-0.01%
	ELVN	D	-0.01%
	VCTR	B	-0.01%
	FULT	A	-0.01%
	RGNX	F	-0.01%
	VZIO	A	-0.01%
	PLUS	F	-0.01%
	NYT	C	-0.01%
	BBSI	B	-0.01%
	DLB	B	-0.01%
	SFNC	B	-0.01%
	PLAY	D	-0.01%
	USPH	B	-0.01%
	SATS	D	-0.01%
	URBN	C	-0.01%
	DIOD	D	-0.01%
	AGL	F	-0.01%
	PII	D	-0.01%
	KE	C	-0.01%
	UFCS	B	-0.01%
	ABCB	B	-0.01%
	BRX	A	-0.01%
	UBSI	B	-0.01%
	IRTC	D	-0.01%
	LFST	C	-0.01%
	NX	C	-0.01%
	KURA	F	-0.01%
	BCRX	D	-0.01%
	FRPT	B	-0.01%
	HAS	D	-0.01%
	ONB	B	-0.01%
	VRDN	D	-0.01%
	GMS	B	-0.01%
	CVCO	A	-0.01%
	DYN	F	-0.01%
	DORM	B	-0.01%
	GTES	A	-0.01%
	GRBK	D	-0.01%
	TMCI	D	-0.01%
	MIRM	B	-0.01%
	CMC	B	-0.01%
	WTM	A	-0.01%
	FOUR	B	-0.01%
	WGO	C	-0.01%
	APAM	B	-0.01%
	BKU	A	-0.01%
	PJT	A	-0.01%
	FLS	B	-0.01%
	LBPH	A	-0.01%
	DAWN	F	-0.01%
	WH	B	-0.01%
	LFUS	F	-0.01%
	MTN	C	-0.01%
	UCTT	D	-0.01%
	ACT	D	-0.01%
	WD	D	-0.01%
	KFRC	D	-0.01%
	DBX	B	-0.01%
	SSB	B	-0.01%
	MTCH	D	-0.01%
	MC	B	-0.01%
	SYNA	C	-0.01%
	APG	B	-0.01%
	CNM	D	-0.01%
	SFM	A	-0.01%
	PB	A	-0.01%
	NVAX	F	-0.01%
	IMVT	F	-0.01%
	PRLB	A	-0.01%
	NTLA	F	-0.01%
	LCII	C	-0.01%
	PTGX	C	-0.01%
	PSTG	D	-0.01%
	AVO	C	-0.01%
	OZK	B	-0.01%
	HURN	B	-0.01%
	BXC	B	-0.01%
	VNT	B	-0.01%
	IPGP	D	-0.01%
	RLI	B	-0.01%
	ACIW	B	-0.01%
	CADE	B	-0.01%
	FIX	A	-0.01%
	RCKT	F	-0.01%
	SNDX	F	-0.01%
	KNF	A	-0.01%
	HWC	B	-0.01%
	HMN	B	-0.01%
	AKRO	B	-0.01%
	SKY	A	-0.01%
	AMN	F	-0.01%
	MTG	C	-0.01%
	PRG	C	-0.01%
	TDC	D	-0.01%
	UWMC	D	-0.01%
	ARDX	F	-0.01%
	MYGN	F	-0.01%
	HGV	B	-0.01%
	BRC	D	-0.01%
	ASTH	D	-0.01%
	ASB	B	-0.01%
	FG	B	-0.01%
	ASIX	A	-0.01%
	RDN	C	-0.01%
	FNB	A	-0.01%
	IAC	D	-0.01%
	TCBI	B	-0.01%
	UMBF	B	-0.01%
	HTH	B	-0.01%
	FND	C	-0.01%
	CXT	B	-0.01%
	CBSH	A	-0.01%
	ENS	D	-0.01%
	SSYS	C	-0.01%
	COLL	F	-0.01%
	KWR	C	-0.01%
	CRVL	A	-0.01%
	GERN	D	-0.01%
	LANC	C	-0.01%
	TRUP	B	-0.01%
	PIPR	B	-0.01%
	IRT	A	-0.01%
	MNKD	C	-0.01%
	DFH	D	-0.01%
	AXNX	C	-0.01%
	RCM	F	-0.01%
	RYAN	B	-0.01%
	CC	C	-0.01%
	TOST	B	-0.01%
	LAMR	D	-0.01%
	MSM	C	-0.01%
	SITE	D	-0.01%
	AOS	F	-0.01%
	UPBD	B	-0.01%
	BEAM	D	-0.01%
	JBSS	D	-0.01%
	IOSP	B	-0.01%
	BGS	F	-0.01%
	TDOC	C	-0.01%
	MORN	B	-0.01%
	ANIP	F	-0.01%
	UHAL	D	-0.01%
	SBH	C	-0.01%
	SXT	B	-0.01%
	MRVI	F	-0.01%
	CABO	C	-0.01%
	TNC	D	-0.01%
	AIV	C	-0.01%
	FL	F	-0.01%
	UNF	B	-0.01%
	HRB	D	-0.01%
	ADUS	D	-0.01%
	INVA	D	-0.01%
	UI	A	-0.01%
	ADMA	B	-0.01%
	EXLS	B	-0.01%
	CFR	B	-0.01%
	RXRX	F	-0.01%
	GSAT	C	-0.01%
	PNFP	B	-0.01%
	CRSR	C	-0.01%
	CLDX	F	-0.01%
	VLY	B	-0.01%
	NGVT	B	-0.01%
	FHI	A	-0.01%
	EXPI	C	-0.01%
	TVTX	B	-0.01%
	ICFI	F	-0.01%
	SPTN	D	-0.01%
	NSIT	F	-0.01%
	BECN	B	-0.01%
	PINC	B	-0.01%
	TEX	D	-0.01%
	MDXG	B	-0.01%
	HLI	B	-0.01%
	WBS	A	-0.01%
	ERIE	D	-0.01%
	HRMY	D	-0.01%
	CGON	F	-0.01%
	NMRK	B	-0.01%
	IDT	B	-0.01%
	AXTA	A	-0.01%
	BCC	B	-0.01%
	AGIO	C	-0.01%
	CPRX	C	-0.01%
	IRWD	F	-0.01%
	FNA	C	-0.01%
	KFY	B	-0.01%
	KEX	C	-0.01%
	BGC	C	-0.01%
	ASH	D	-0.01%
	ARVN	D	-0.01%
	TWST	D	-0.01%
	LMAT	A	-0.01%
	IDYA	F	-0.01%
	HOV	D	-0.01%
	CNXC	F	-0.01%
	NHC	C	-0.01%
	WTFC	A	-0.01%
	TGNA	B	-0.01%
	BOKF	B	-0.01%
	VSH	D	-0.01%
	UFPI	B	-0.01%
	WAL	B	-0.01%
	PDCO	D	-0.01%
	CSTL	D	-0.01%
	LGF.A	C	-0.01%
	RNA	D	-0.01%
	INSP	D	-0.01%
	KYMR	D	-0.01%
	TTMI	B	-0.01%
	STGW	B	-0.01%
	AMRK	F	-0.01%
	TXG	F	-0.01%
	VNO	B	-0.01%
	XRAY	F	-0.01%
	TARS	B	-0.01%
	NVST	B	-0.01%
	HHH	B	-0.01%
	LGND	B	-0.01%
	BC	C	-0.01%
	RGEN	D	-0.01%
	RRX	B	-0.01%
	PBH	A	-0.01%
	ESI	A	-0.01%
	H	B	-0.01%
	ASGN	F	-0.01%
	CLH	B	-0.01%
	TNL	A	-0.01%
	DVAX	C	-0.01%
	GNRC	B	-0.01%
	BZH	B	-0.01%
	UFPT	B	-0.01%
	LGIH	D	-0.01%
	XNCR	B	-0.01%
	SEIC	B	-0.01%
	KROS	D	-0.01%
	NXST	C	-0.01%
	NARI	C	-0.01%
	EEFT	B	-0.01%
	CNO	A	-0.01%
	GT	C	-0.01%
	BCO	D	-0.01%
	THO	B	-0.01%
	RYTM	C	-0.01%
	IOVA	F	-0.01%
	BHE	B	-0.01%
	TTEK	F	-0.01%
	AMG	B	-0.01%
	PRVA	B	-0.01%
	VCEL	B	-0.01%
	CIEN	B	-0.01%
	SNV	B	-0.01%
	LILAK	D	-0.01%
	VERA	B	-0.01%
	CNDT	C	-0.01%
	VIR	D	-0.01%
	COHR	B	-0.01%
	AMPH	D	-0.01%
	EDR	A	-0.01%
	FOLD	F	-0.01%
	HAIN	C	-0.01%
	VAC	B	-0.01%
	FCN	D	-0.01%
	SWTX	C	-0.01%
	ARWR	F	-0.01%
	SCLX	F	-0.0%
	VIRT	B	-0.0%
	OABI	F	-0.0%
	PHAT	F	-0.0%
	ABUS	D	-0.0%
	BLFS	C	-0.0%
	ABSI	F	-0.0%
	QTRX	F	-0.0%
	PRME	F	-0.0%
	ANAB	F	-0.0%
	CELC	F	-0.0%
	OLMA	F	-0.0%
	SVRA	D	-0.0%
	ORIC	F	-0.0%
	LYEL	F	-0.0%
	SIGA	F	-0.0%
	ALGM	D	-0.0%
	STOK	F	-0.0%
	FORM	D	-0.0%
	OSCR	D	-0.0%
	YMAB	F	-0.0%
	LQDA	D	-0.0%
	ALEC	F	-0.0%
	ALT	C	-0.0%
	CTKB	C	-0.0%
	NUVB	C	-0.0%
	PLAB	C	-0.0%
	RLAY	F	-0.0%
	DFIN	D	-0.0%
	PGNY	F	-0.0%
	TYRA	F	-0.0%
	FDMT	F	-0.0%
	IMNM	F	-0.0%
	MSGS	A	-0.0%
	NDSN	B	-0.0%
	TW	A	-0.0%
	COGT	D	-0.0%
	MODG	F	-0.0%
	ARCT	F	-0.0%
	WAFD	B	-0.0%
	GIC	D	-0.0%
	APLT	B	-0.0%
	NVEE	F	-0.0%
	EOLS	D	-0.0%
	ZEUS	C	-0.0%
	REYN	D	-0.0%
	IBP	D	-0.0%
	WSFS	A	-0.0%
	CRAI	B	-0.0%
	ONTO	D	-0.0%
	HZO	D	-0.0%
	UCB	A	-0.0%
	SAGE	F	-0.0%
	MMI	B	-0.0%
	PLRX	F	-0.0%
	MNMD	C	-0.0%
	CNS	B	-0.0%
	AEIS	B	-0.0%
	MLYS	F	-0.0%
	EYPT	F	-0.0%
	SAVA	D	-0.0%
	COLB	A	-0.0%
	ETNB	C	-0.0%
	IRON	B	-0.0%
	GGG	B	-0.0%
	CNA	B	-0.0%
	VSAT	F	-0.0%
	SAFT	C	-0.0%
	GOLF	B	-0.0%
	COTY	F	-0.0%
	SPRY	D	-0.0%
	STEP	B	-0.0%
	CBT	C	-0.0%
	ITRI	B	-0.0%
	TKR	D	-0.0%
	MLI	C	-0.0%
	AZZ	B	-0.0%
	FHB	A	-0.0%
	ARQT	C	-0.0%
	TKO	B	-0.0%
	CRUS	D	-0.0%
	KIDS	D	-0.0%
	ANF	C	-0.0%
	SIBN	F	-0.0%
	TRIP	F	-0.0%
	CHH	A	-0.0%
	FRT	B	-0.0%
	ROG	D	-0.0%
	RCUS	F	-0.0%
	CBZ	B	-0.0%
	SANA	F	-0.0%
	PNTG	D	-0.0%
	DCI	B	-0.0%
	NRIX	D	-0.0%
	EVH	F	-0.0%
	HOMB	A	-0.0%
	ACHC	F	-0.0%
	SCHL	D	-0.0%
	HSII	B	-0.0%
	CATY	B	-0.0%
	YORW	D	-0.0%
	SLAB	D	-0.0%
	GBCI	B	-0.0%

BBUS: Top Represented Industries & Keywords

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

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

HKND: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Diversified Industrials Software - Application Diagnostics & Research Asset Management Business Services Medical Devices Semiconductors Capital Markets Medical Instruments & Supplies Packaged Foods Insurance - Property & Casualty Residential Construction Specialty Chemicals Specialty Retail Medical Care Drug Manufacturers - Specialty & Generic Telecom Services REIT - Residential

Keywords: S&P 500 Medicine Nasdaq 100 Biopharmaceutical Biotechnology Bank Insurance Banking Computing Cancer Electronics Telecommunications Life Sciences Semiconductor Chemical Aerospace Pharmaceutical Clinical Medicine Disease Mining