HDG vs. SPTM ETF Comparison

Comparison of ProShares Hedge Replication ETF (HDG) to SPDR Portfolio Total Stock Market ETF (SPTM)

HDG

ProShares Hedge Replication ETF

HDG Description

The investment seeks investment results before fees and expenses that track the performance of the Merrill Lynch Factor Model-Exchange Series. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should track the performance of the Benchmark. The Benchmark, established by Merrill Lynch International, seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index. The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. It is non-diversified.

Grade (RS Rating)

Last Trade

$50.26

Average Daily Volume

1,550

Number of Holdings ^*

1740

* may have additional holdings in another (foreign) market

SPTM

SPDR Portfolio Total Stock Market ETF

SPTM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA Total Stock Market Index that tracks a broad universe of exchange traded U.S. equity securities. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It may invest in equity securities that are not included in the index (including common stock, preferred stock, depositary receipts and shares of other investment companies), cash and cash equivalents or money market instruments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$72.60

Average Daily Volume

355,419

Number of Holdings ^*

1479

* may have additional holdings in another (foreign) market

Performance

Period	HDG	SPTM
30 Days	0.84%	2.08%
60 Days	1.39%	4.59%
90 Days	1.55%	5.97%
12 Months	8.85%	32.28%

629 Overlapping Holdings

	Symbol	Grade	Weight in HDG	Weight in SPTM	Overlap
	AAT	B	0.01%	0.0%	0.0%
	ABCB	B	0.03%	0.01%	0.01%
	ABG	C	0.03%	0.01%	0.01%
	ABM	B	0.02%	0.01%	0.01%
	ABR	C	0.02%	0.01%	0.01%
	ACA	A	0.03%	0.01%	0.01%
	ACIW	B	0.03%	0.01%	0.01%
	ACLS	F	0.01%	0.0%	0.0%
	ADMA	B	0.02%	0.01%	0.01%
	ADNT	F	0.01%	0.0%	0.0%
	ADUS	D	0.01%	0.0%	0.0%
	AEIS	C	0.02%	0.01%	0.01%
	AEO	F	0.02%	0.01%	0.01%
	AGYS	A	0.02%	0.0%	0.0%
	AHCO	F	0.01%	0.0%	0.0%
	AHH	D	0.0%	0.0%	0.0%
	AIN	C	0.01%	0.0%	0.0%
	AIR	B	0.01%	0.0%	0.0%
	AIT	B	0.06%	0.02%	0.02%
	AKR	B	0.01%	0.0%	0.0%
	ALE	A	0.02%	0.01%	0.01%
	ALEX	B	0.01%	0.0%	0.0%
	ALG	B	0.01%	0.0%	0.0%
	ALGT	B	0.01%	0.0%	0.0%
	ALKS	C	0.03%	0.01%	0.01%
	ALRM	C	0.02%	0.0%	0.0%
	ALTR	B	0.03%	0.01%	0.01%
	AMBC	C	0.0%	0.0%	0.0%
	AMN	F	0.01%	0.0%	0.0%
	AMPH	F	0.01%	0.0%	0.0%
	AMR	C	0.01%	0.01%	0.01%
	AMSF	B	0.01%	0.0%	0.0%
	AMWD	C	0.01%	0.0%	0.0%
	ANDE	D	0.01%	0.0%	0.0%
	ANET	C	0.0%	0.18%	0.0%
	ANF	F	0.04%	0.01%	0.01%
	ANIP	F	0.01%	0.0%	0.0%
	AORT	B	0.01%	0.0%	0.0%
	AOSL	C	0.0%	0.0%	0.0%
	APAM	B	0.02%	0.01%	0.01%
	APLE	B	0.02%	0.01%	0.01%
	APOG	C	0.01%	0.0%	0.0%
	ARCB	C	0.01%	0.01%	0.01%
	ARCH	B	0.02%	0.01%	0.01%
	ARI	C	0.01%	0.0%	0.0%
	ARLO	C	0.01%	0.0%	0.0%
	AROC	A	0.02%	0.0%	0.0%
	ARWR	D	0.01%	0.0%	0.0%
	ASB	B	0.02%	0.01%	0.01%
	ASGN	F	0.02%	0.01%	0.01%
	ASIX	B	0.0%	0.0%	0.0%
	ASO	F	0.02%	0.01%	0.01%
	ASTE	C	0.0%	0.0%	0.0%
	ASTH	F	0.01%	0.0%	0.0%
	ATEN	A	0.01%	0.0%	0.0%
	ATGE	B	0.02%	0.01%	0.01%
	AUB	B	0.02%	0.01%	0.01%
	AVA	A	0.02%	0.0%	0.0%
	AVAV	C	0.03%	0.01%	0.01%
	AVNS	F	0.0%	0.0%	0.0%
	AVNT	B	0.03%	0.01%	0.01%
	AWR	B	0.02%	0.01%	0.01%
	AX	B	0.02%	0.01%	0.01%
	AXL	C	0.0%	0.0%	0.0%
	AZZ	A	0.01%	0.0%	0.0%
	B	A	0.01%	0.0%	0.0%
	BANC	B	0.01%	0.0%	0.0%
	BANF	B	0.01%	0.0%	0.0%
	BANR	B	0.01%	0.0%	0.0%
	BCC	B	0.03%	0.01%	0.01%
	BCO	F	0.02%	0.01%	0.01%
	BCPC	B	0.03%	0.01%	0.01%
	BDC	C	0.03%	0.01%	0.01%
	BDN	C	0.0%	0.0%	0.0%
	BFH	C	0.02%	0.0%	0.0%
	BFS	C	0.0%	0.0%	0.0%
	BGC	C	0.02%	0.01%	0.01%
	BGS	F	0.0%	0.0%	0.0%
	BHE	C	0.01%	0.0%	0.0%
	BHLB	B	0.01%	0.0%	0.0%
	BJRI	C	0.0%	0.0%	0.0%
	BKE	B	0.01%	0.0%	0.0%
	BKH	A	0.02%	0.01%	0.01%
	BKU	A	0.02%	0.01%	0.01%
	BL	B	0.02%	0.01%	0.01%
	BLFS	C	0.0%	0.0%	0.0%
	BLKB	B	0.02%	0.01%	0.01%
	BLMN	F	0.01%	0.0%	0.0%
	BMI	B	0.04%	0.01%	0.01%
	BOH	B	0.02%	0.01%	0.01%
	BOOT	C	0.02%	0.01%	0.01%
	BOX	B	0.03%	0.01%	0.01%
	BRKL	B	0.01%	0.0%	0.0%
	BSIG	A	0.0%	0.0%	0.0%
	BTU	B	0.02%	0.01%	0.01%
	BXMT	C	0.02%	0.01%	0.01%
	CABO	B	0.01%	0.0%	0.0%
	CADE	B	0.04%	0.01%	0.01%
	CAKE	C	0.01%	0.0%	0.0%
	CAL	F	0.01%	0.0%	0.0%
	CALM	A	0.02%	0.01%	0.01%
	CALX	D	0.01%	0.0%	0.0%
	CARG	B	0.02%	0.01%	0.01%
	CARS	C	0.01%	0.0%	0.0%
	CASH	B	0.01%	0.01%	0.01%
	CATY	B	0.02%	0.01%	0.01%
	CBRL	C	0.01%	0.0%	0.0%
	CBT	D	0.03%	0.01%	0.01%
	CBU	B	0.02%	0.01%	0.01%
	CCOI	B	0.02%	0.01%	0.01%
	CCS	D	0.01%	0.0%	0.0%
	CDP	C	0.02%	0.01%	0.01%
	CEIX	A	0.02%	0.01%	0.01%
	CENT	C	0.0%	0.0%	0.0%
	CENTA	C	0.01%	0.0%	0.0%
	CENX	B	0.01%	0.0%	0.0%
	CEVA	B	0.0%	0.0%	0.0%
	CFFN	C	0.0%	0.0%	0.0%
	CHCO	B	0.01%	0.0%	0.0%
	CHEF	A	0.01%	0.0%	0.0%
	CHX	C	0.03%	0.01%	0.01%
	CLB	B	0.01%	0.0%	0.0%
	CMC	B	0.04%	0.01%	0.01%
	CNK	C	0.02%	0.01%	0.01%
	CNMD	C	0.01%	0.0%	0.0%
	CNO	B	0.02%	0.01%	0.01%
	CNS	B	0.02%	0.0%	0.0%
	CNSL	C	0.0%	0.0%	0.0%
	CNX	A	0.03%	0.01%	0.01%
	CNXN	C	0.0%	0.0%	0.0%
	COHU	C	0.01%	0.0%	0.0%
	COLL	F	0.01%	0.0%	0.0%
	COOP	B	0.03%	0.01%	0.01%
	CORT	B	0.02%	0.01%	0.01%
	CPF	B	0.0%	0.0%	0.0%
	CPK	A	0.02%	0.0%	0.0%
	CPRX	C	0.01%	0.0%	0.0%
	CRC	A	0.02%	0.01%	0.01%
	CRGY	B	0.01%	0.0%	0.0%
	CRK	B	0.01%	0.0%	0.0%
	CRS	B	0.05%	0.02%	0.02%
	CRSR	C	0.0%	0.0%	0.0%
	CRVL	B	0.02%	0.0%	0.0%
	CSGS	B	0.01%	0.0%	0.0%
	CSR	B	0.01%	0.0%	0.0%
	CSWI	B	0.04%	0.01%	0.01%
	CTKB	C	0.0%	0.0%	0.0%
	CTRE	C	0.03%	0.01%	0.01%
	CTS	C	0.01%	0.0%	0.0%
	CUBI	B	0.01%	0.0%	0.0%
	CVBF	A	0.02%	0.01%	0.01%
	CVCO	A	0.02%	0.01%	0.01%
	CVI	F	0.0%	0.0%	0.0%
	CVLT	B	0.04%	0.02%	0.02%
	CWK	C	0.02%	0.0%	0.0%
	CWT	C	0.02%	0.0%	0.0%
	CXM	C	0.01%	0.0%	0.0%
	CXW	C	0.01%	0.01%	0.01%
	CYTK	F	0.03%	0.01%	0.01%
	DAN	D	0.01%	0.0%	0.0%
	DCOM	B	0.01%	0.0%	0.0%
	DEA	D	0.01%	0.0%	0.0%
	DEI	B	0.02%	0.01%	0.01%
	DFIN	D	0.01%	0.0%	0.0%
	DGII	C	0.01%	0.0%	0.0%
	DIOD	D	0.01%	0.0%	0.0%
	DLX	B	0.01%	0.0%	0.0%
	DNOW	B	0.01%	0.0%	0.0%
	DOCN	C	0.01%	0.0%	0.0%
	DORM	B	0.02%	0.01%	0.01%
	DRH	B	0.01%	0.0%	0.0%
	DVAX	C	0.01%	0.0%	0.0%
	DXPE	C	0.0%	0.0%	0.0%
	DY	D	0.03%	0.01%	0.01%
	EAT	A	0.03%	0.01%	0.01%
	ECPG	C	0.01%	0.0%	0.0%
	EFC	C	0.01%	0.0%	0.0%
	EGBN	B	0.0%	0.0%	0.0%
	EIG	B	0.01%	0.0%	0.0%
	ELME	D	0.01%	0.0%	0.0%
	EMBC	C	0.0%	0.0%	0.0%
	ENR	B	0.01%	0.0%	0.0%
	ENS	F	0.02%	0.01%	0.01%
	ENSG	C	0.04%	0.01%	0.01%
	ENV	B	0.02%	0.01%	0.01%
	ENVA	B	0.01%	0.01%	0.01%
	EPAC	C	0.01%	0.01%	0.01%
	EPC	F	0.01%	0.0%	0.0%
	EPRT	B	0.03%	0.01%	0.01%
	ESE	B	0.02%	0.01%	0.01%
	ESNT	F	0.03%	0.01%	0.01%
	ETD	C	0.0%	0.0%	0.0%
	EVTC	B	0.01%	0.0%	0.0%
	EXLS	B	0.04%	0.01%	0.01%
	EXPI	D	0.01%	0.0%	0.0%
	EXPO	D	0.03%	0.01%	0.01%
	EXTR	C	0.01%	0.0%	0.0%
	EYE	C	0.0%	0.0%	0.0%
	FBK	C	0.01%	0.0%	0.0%
	FBNC	B	0.01%	0.0%	0.0%
	FBP	C	0.02%	0.01%	0.01%
	FBRT	D	0.01%	0.0%	0.0%
	FCF	B	0.01%	0.0%	0.0%
	FCPT	C	0.01%	0.0%	0.0%
	FDP	B	0.01%	0.0%	0.0%
	FELE	B	0.03%	0.01%	0.01%
	FFBC	B	0.02%	0.0%	0.0%
	FFIN	B	0.03%	0.01%	0.01%
	FIZZ	C	0.01%	0.0%	0.0%
	FL	F	0.01%	0.0%	0.0%
	FLGT	F	0.0%	0.0%	0.0%
	FLR	B	0.05%	0.02%	0.02%
	FN	C	0.05%	0.02%	0.02%
	FORM	D	0.02%	0.01%	0.01%
	FOXF	F	0.01%	0.0%	0.0%
	FSS	B	0.03%	0.01%	0.01%
	FTDR	B	0.02%	0.01%	0.01%
	FUL	F	0.02%	0.01%	0.01%
	FULT	A	0.02%	0.01%	0.01%
	FWRD	D	0.0%	0.0%	0.0%
	GATX	A	0.03%	0.01%	0.01%
	GBCI	B	0.04%	0.01%	0.01%
	GBX	A	0.01%	0.0%	0.0%
	GDEN	B	0.0%	0.0%	0.0%
	GDOT	D	0.0%	0.0%	0.0%
	GEF	A	0.01%	0.0%	0.0%
	GEF	A	0.0%	0.0%	0.0%
	GEO	B	0.02%	0.01%	0.01%
	GFF	A	0.02%	0.01%	0.01%
	GHC	B	0.02%	0.01%	0.01%
	GIII	D	0.01%	0.0%	0.0%
	GKOS	B	0.04%	0.01%	0.01%
	GMS	B	0.02%	0.01%	0.01%
	GNL	F	0.01%	0.0%	0.0%
	GNW	A	0.02%	0.01%	0.01%
	GOGO	C	0.0%	0.0%	0.0%
	GPI	B	0.03%	0.01%	0.01%
	GPRE	F	0.0%	0.0%	0.0%
	GRBK	D	0.01%	0.0%	0.0%
	GSHD	A	0.02%	0.01%	0.01%
	GT	C	0.01%	0.0%	0.0%
	GTLS	A	0.04%	0.01%	0.01%
	GTY	A	0.01%	0.0%	0.0%
	GVA	A	0.02%	0.01%	0.01%
	HAE	C	0.03%	0.01%	0.01%
	HAFC	B	0.0%	0.0%	0.0%
	HAIN	D	0.0%	0.0%	0.0%
	HALO	F	0.03%	0.01%	0.01%
	HASI	D	0.02%	0.01%	0.01%
	HAYN	A	0.0%	0.0%	0.0%
	HBI	B	0.02%	0.01%	0.01%
	HCC	B	0.02%	0.0%	0.0%
	HCI	C	0.01%	0.0%	0.0%
	HCSG	C	0.0%	0.0%	0.0%
	HELE	C	0.01%	0.0%	0.0%
	HFWA	C	0.01%	0.0%	0.0%
	HGV	C	0.02%	0.01%	0.01%
	HI	C	0.01%	0.0%	0.0%
	HIMS	B	0.02%	0.01%	0.01%
	HLIT	D	0.01%	0.0%	0.0%
	HLNE	B	0.04%	0.01%	0.01%
	HLX	B	0.01%	0.0%	0.0%
	HMN	B	0.01%	0.0%	0.0%
	HNI	B	0.01%	0.0%	0.0%
	HOMB	A	0.03%	0.01%	0.01%
	HOPE	C	0.01%	0.0%	0.0%
	HP	C	0.02%	0.01%	0.01%
	HPP	F	0.0%	0.0%	0.0%
	HQY	A	0.05%	0.01%	0.01%
	HRMY	D	0.01%	0.0%	0.0%
	HSII	B	0.01%	0.0%	0.0%
	HSTM	B	0.0%	0.0%	0.0%
	HTH	C	0.01%	0.0%	0.0%
	HTLD	C	0.0%	0.0%	0.0%
	HTZ	C	0.0%	0.0%	0.0%
	HUBG	A	0.02%	0.01%	0.01%
	HWC	B	0.03%	0.01%	0.01%
	HWKN	B	0.01%	0.01%	0.01%
	HZO	F	0.0%	0.0%	0.0%
	IART	C	0.01%	0.0%	0.0%
	IBOC	B	0.02%	0.01%	0.01%
	IBP	D	0.03%	0.01%	0.01%
	IBTX	B	0.01%	0.0%	0.0%
	ICHR	C	0.01%	0.0%	0.0%
	ICUI	D	0.02%	0.01%	0.01%
	IDCC	B	0.03%	0.01%	0.01%
	IIIN	C	0.0%	0.0%	0.0%
	IIPR	D	0.02%	0.0%	0.0%
	INDB	B	0.02%	0.01%	0.01%
	INN	D	0.0%	0.0%	0.0%
	INVA	D	0.01%	0.0%	0.0%
	IOSP	C	0.02%	0.01%	0.01%
	IPAR	B	0.01%	0.0%	0.0%
	IRT	A	0.03%	0.01%	0.01%
	IRWD	F	0.0%	0.0%	0.0%
	ITGR	B	0.02%	0.01%	0.01%
	ITRI	C	0.03%	0.01%	0.01%
	JACK	C	0.0%	0.0%	0.0%
	JBGS	F	0.01%	0.0%	0.0%
	JBLU	F	0.01%	0.0%	0.0%
	JBSS	F	0.0%	0.0%	0.0%
	JBT	B	0.02%	0.01%	0.01%
	JJSF	C	0.01%	0.0%	0.0%
	JOE	F	0.01%	0.0%	0.0%
	JXN	C	0.04%	0.01%	0.01%
	KALU	C	0.01%	0.0%	0.0%
	KAR	B	0.01%	0.0%	0.0%
	KBH	D	0.03%	0.01%	0.01%
	KELYA	F	0.0%	0.0%	0.0%
	KFY	B	0.02%	0.01%	0.01%
	KLG	B	0.01%	0.0%	0.0%
	KLIC	B	0.01%	0.01%	0.01%
	KMT	B	0.01%	0.0%	0.0%
	KN	B	0.01%	0.0%	0.0%
	KNF	B	0.03%	0.01%	0.01%
	KOP	C	0.0%	0.0%	0.0%
	KREF	C	0.0%	0.0%	0.0%
	KRG	B	0.03%	0.01%	0.01%
	KRYS	C	0.02%	0.01%	0.01%
	KTB	B	0.03%	0.01%	0.01%
	KW	C	0.01%	0.0%	0.0%
	KWR	C	0.01%	0.0%	0.0%
	LANC	C	0.02%	0.01%	0.01%
	LBRT	D	0.02%	0.0%	0.0%
	LCII	C	0.02%	0.01%	0.01%
	LESL	D	0.0%	0.0%	0.0%
	LGIH	F	0.01%	0.0%	0.0%
	LGND	C	0.01%	0.0%	0.0%
	LIVN	F	0.02%	0.01%	0.01%
	LKFN	C	0.01%	0.0%	0.0%
	LMAT	A	0.01%	0.0%	0.0%
	LNN	B	0.01%	0.0%	0.0%
	LNTH	D	0.03%	0.01%	0.01%
	LPG	F	0.01%	0.0%	0.0%
	LQDT	B	0.0%	0.0%	0.0%
	LRN	A	0.02%	0.01%	0.01%
	LTC	B	0.01%	0.0%	0.0%
	LUMN	C	0.05%	0.02%	0.02%
	LXP	D	0.01%	0.0%	0.0%
	LZB	B	0.01%	0.0%	0.0%
	MAC	B	0.02%	0.01%	0.01%
	MARA	B	0.03%	0.01%	0.01%
	MATV	D	0.0%	0.0%	0.0%
	MATW	C	0.0%	0.0%	0.0%
	MATX	C	0.03%	0.01%	0.01%
	MC	C	0.03%	0.01%	0.01%
	MCRI	A	0.01%	0.0%	0.0%
	MCW	C	0.0%	0.0%	0.0%
	MCY	A	0.01%	0.0%	0.0%
	MD	C	0.01%	0.0%	0.0%
	MGEE	B	0.02%	0.01%	0.01%
	MGPI	F	0.0%	0.0%	0.0%
	MGY	A	0.03%	0.01%	0.01%
	MHO	D	0.02%	0.01%	0.01%
	MLAB	F	0.0%	0.0%	0.0%
	MLI	B	0.06%	0.02%	0.02%
	MLKN	F	0.01%	0.0%	0.0%
	MMI	C	0.01%	0.0%	0.0%
	MMS	F	0.03%	0.01%	0.01%
	MMSI	A	0.03%	0.01%	0.01%
	MNRO	D	0.0%	0.0%	0.0%
	MODG	F	0.01%	0.0%	0.0%
	MOG.A	B	0.03%	0.01%	0.01%
	MRCY	C	0.01%	0.0%	0.0%
	MRTN	D	0.01%	0.0%	0.0%
	MSEX	C	0.01%	0.0%	0.0%
	MTH	D	0.04%	0.01%	0.01%
	MTRN	C	0.01%	0.0%	0.0%
	MTUS	C	0.0%	0.0%	0.0%
	MTX	B	0.01%	0.0%	0.0%
	MUR	D	0.03%	0.01%	0.01%
	MXL	C	0.01%	0.0%	0.0%
	MYE	F	0.0%	0.0%	0.0%
	MYGN	F	0.01%	0.0%	0.0%
	MYRG	B	0.01%	0.0%	0.0%
	NABL	F	0.0%	0.0%	0.0%
	NARI	C	0.01%	0.0%	0.0%
	NATL	B	0.01%	0.0%	0.0%
	NAVI	F	0.01%	0.0%	0.0%
	NBHC	C	0.01%	0.0%	0.0%
	NBR	C	0.0%	0.0%	0.0%
	NBTB	B	0.01%	0.0%	0.0%
	NEO	C	0.01%	0.0%	0.0%
	NEOG	F	0.02%	0.0%	0.0%
	NGVT	B	0.01%	0.0%	0.0%
	NHC	C	0.01%	0.0%	0.0%
	NJR	A	0.03%	0.01%	0.01%
	NMIH	C	0.02%	0.0%	0.0%
	NOG	B	0.02%	0.01%	0.01%
	NOVT	D	0.03%	0.01%	0.01%
	NPK	B	0.0%	0.0%	0.0%
	NPO	A	0.02%	0.01%	0.01%
	NSIT	F	0.02%	0.01%	0.01%
	NSP	F	0.01%	0.0%	0.0%
	NTCT	C	0.01%	0.0%	0.0%
	NVEE	F	0.01%	0.0%	0.0%
	NVRI	D	0.0%	0.0%	0.0%
	NWBI	B	0.01%	0.0%	0.0%
	NWE	B	0.02%	0.01%	0.01%
	NWN	A	0.01%	0.0%	0.0%
	NX	C	0.01%	0.0%	0.0%
	NXRT	B	0.01%	0.0%	0.0%
	ODP	F	0.0%	0.0%	0.0%
	OFG	B	0.01%	0.0%	0.0%
	OGS	A	0.02%	0.01%	0.01%
	OI	C	0.01%	0.0%	0.0%
	OII	B	0.02%	0.01%	0.01%
	OMCL	C	0.01%	0.0%	0.0%
	OMI	F	0.01%	0.0%	0.0%
	ONB	C	0.04%	0.01%	0.01%
	OPCH	D	0.02%	0.01%	0.01%
	ORA	B	0.02%	0.01%	0.01%
	OSIS	A	0.01%	0.0%	0.0%
	OTTR	C	0.02%	0.01%	0.01%
	OUT	A	0.01%	0.0%	0.0%
	OXM	F	0.01%	0.0%	0.0%
	PAHC	C	0.0%	0.0%	0.0%
	PARR	F	0.01%	0.0%	0.0%
	PATK	C	0.02%	0.0%	0.0%
	PAYO	A	0.02%	0.0%	0.0%
	PBF	D	0.02%	0.01%	0.01%
	PBH	A	0.02%	0.01%	0.01%
	PBI	B	0.01%	0.0%	0.0%
	PCH	F	0.02%	0.01%	0.01%
	PCRX	C	0.0%	0.0%	0.0%
	PDCO	F	0.01%	0.0%	0.0%
	PDFS	C	0.01%	0.0%	0.0%
	PEB	D	0.01%	0.0%	0.0%
	PECO	A	0.03%	0.01%	0.01%
	PFBC	B	0.01%	0.0%	0.0%
	PFS	B	0.02%	0.0%	0.0%
	PGNY	F	0.01%	0.0%	0.0%
	PHIN	A	0.01%	0.0%	0.0%
	PI	D	0.02%	0.01%	0.01%
	PIPR	A	0.03%	0.01%	0.01%
	PJT	A	0.02%	0.01%	0.01%
	PLAB	C	0.01%	0.0%	0.0%
	PLAY	D	0.01%	0.0%	0.0%
	PLMR	A	0.01%	0.0%	0.0%
	PLUS	F	0.01%	0.0%	0.0%
	PLXS	B	0.02%	0.01%	0.01%
	PMT	C	0.01%	0.0%	0.0%
	PNM	B	0.02%	0.01%	0.01%
	POR	C	0.03%	0.01%	0.01%
	POWI	F	0.02%	0.01%	0.01%
	POWL	C	0.01%	0.01%	0.01%
	PPBI	C	0.02%	0.0%	0.0%
	PRA	C	0.0%	0.0%	0.0%
	PRAA	D	0.01%	0.0%	0.0%
	PRDO	B	0.01%	0.0%	0.0%
	PRG	C	0.01%	0.0%	0.0%
	PRGS	A	0.02%	0.01%	0.01%
	PRK	B	0.02%	0.01%	0.01%
	PRLB	B	0.01%	0.0%	0.0%
	PRVA	C	0.01%	0.0%	0.0%
	PSMT	D	0.01%	0.0%	0.0%
	PTEN	C	0.02%	0.0%	0.0%
	PTGX	D	0.01%	0.0%	0.0%
	PUMP	C	0.0%	0.0%	0.0%
	PZZA	F	0.01%	0.0%	0.0%
	QLYS	B	0.03%	0.01%	0.01%
	QNST	B	0.01%	0.0%	0.0%
	RAMP	B	0.01%	0.0%	0.0%
	RC	D	0.01%	0.0%	0.0%
	RCUS	F	0.0%	0.0%	0.0%
	RDN	D	0.03%	0.01%	0.01%
	RDNT	B	0.03%	0.01%	0.01%
	RES	D	0.0%	0.0%	0.0%
	REX	D	0.0%	0.0%	0.0%
	REZI	A	0.02%	0.01%	0.01%
	RGNX	D	0.0%	0.0%	0.0%
	RGR	F	0.0%	0.0%	0.0%
	RMBS	B	0.03%	0.01%	0.01%
	RNST	B	0.01%	0.0%	0.0%
	ROCK	C	0.01%	0.0%	0.0%
	ROG	D	0.01%	0.0%	0.0%
	ROIC	A	0.01%	0.0%	0.0%
	RUN	F	0.01%	0.0%	0.0%
	RUSHA	C	0.02%	0.01%	0.01%
	RWT	D	0.01%	0.0%	0.0%
	RXO	D	0.02%	0.0%	0.0%
	SABR	C	0.01%	0.0%	0.0%
	SAFT	B	0.01%	0.0%	0.0%
	SAH	C	0.01%	0.0%	0.0%
	SANM	B	0.02%	0.01%	0.01%
	SATS	D	0.02%	0.0%	0.0%
	SBCF	B	0.01%	0.0%	0.0%
	SBH	C	0.01%	0.0%	0.0%
	SBRA	C	0.02%	0.01%	0.01%
	SBSI	C	0.01%	0.0%	0.0%
	SCHL	F	0.0%	0.0%	0.0%
	SCL	C	0.01%	0.0%	0.0%
	SCSC	C	0.01%	0.0%	0.0%
	SCVL	F	0.0%	0.0%	0.0%
	SDGR	C	0.01%	0.0%	0.0%
	SEM	B	0.02%	0.01%	0.01%
	SFBS	C	0.03%	0.01%	0.01%
	SFM	A	0.08%	0.03%	0.03%
	SFNC	C	0.02%	0.01%	0.01%
	SHAK	C	0.03%	0.01%	0.01%
	SHEN	F	0.0%	0.0%	0.0%
	SHO	D	0.01%	0.0%	0.0%
	SHOO	F	0.02%	0.01%	0.01%
	SIG	B	0.02%	0.01%	0.01%
	SIGI	C	0.03%	0.01%	0.01%
	SITM	B	0.02%	0.01%	0.01%
	SJW	F	0.01%	0.0%	0.0%
	SKT	A	0.02%	0.01%	0.01%
	SKYW	C	0.02%	0.01%	0.01%
	SLAB	F	0.02%	0.01%	0.01%
	SLG	B	0.03%	0.01%	0.01%
	SLP	D	0.0%	0.0%	0.0%
	SLVM	B	0.02%	0.01%	0.01%
	SM	B	0.03%	0.01%	0.01%
	SMP	C	0.0%	0.0%	0.0%
	SMPL	B	0.02%	0.01%	0.01%
	SMTC	B	0.02%	0.01%	0.01%
	SNCY	C	0.0%	0.0%	0.0%
	SNEX	B	0.01%	0.0%	0.0%
	SONO	C	0.01%	0.0%	0.0%
	SPNT	B	0.01%	0.0%	0.0%
	SPSC	D	0.04%	0.01%	0.01%
	SPTN	D	0.0%	0.0%	0.0%
	SR	A	0.02%	0.01%	0.01%
	SSB	B	0.05%	0.01%	0.01%
	SSTK	F	0.0%	0.0%	0.0%
	STAA	F	0.01%	0.0%	0.0%
	STBA	B	0.01%	0.0%	0.0%
	STC	B	0.01%	0.0%	0.0%
	STEP	C	0.02%	0.01%	0.01%
	STRA	C	0.01%	0.0%	0.0%
	SUPN	C	0.01%	0.0%	0.0%
	SVC	F	0.0%	0.0%	0.0%
	SWI	C	0.0%	0.0%	0.0%
	SWX	B	0.03%	0.01%	0.01%
	SXC	A	0.01%	0.0%	0.0%
	SXI	B	0.01%	0.01%	0.01%
	SXT	C	0.02%	0.01%	0.01%
	SYNA	C	0.02%	0.01%	0.01%
	TALO	C	0.01%	0.0%	0.0%
	TBBK	B	0.02%	0.01%	0.01%
	TCBI	C	0.02%	0.01%	0.01%
	TDS	B	0.02%	0.01%	0.01%
	TDW	F	0.01%	0.0%	0.0%
	TEX	F	0.02%	0.01%	0.01%
	TFIN	B	0.01%	0.0%	0.0%
	TGI	B	0.01%	0.0%	0.0%
	TGNA	B	0.02%	0.01%	0.01%
	TGTX	B	0.02%	0.0%	0.0%
	THRM	F	0.01%	0.0%	0.0%
	THRY	D	0.0%	0.0%	0.0%
	THS	D	0.01%	0.0%	0.0%
	TILE	B	0.01%	0.0%	0.0%
	TMDX	F	0.01%	0.01%	0.01%
	TMHC	C	0.04%	0.01%	0.01%
	TMP	B	0.01%	0.0%	0.0%
	TNC	D	0.01%	0.0%	0.0%
	TNDM	D	0.01%	0.0%	0.0%
	TPH	D	0.02%	0.01%	0.01%
	TRMK	C	0.01%	0.0%	0.0%
	TRN	B	0.02%	0.01%	0.01%
	TRST	B	0.0%	0.0%	0.0%
	TRUP	B	0.01%	0.0%	0.0%
	TTGT	B	0.0%	0.0%	0.0%
	TTMI	C	0.01%	0.0%	0.0%
	TWI	F	0.0%	0.0%	0.0%
	UBSI	B	0.03%	0.01%	0.01%
	UCB	A	0.02%	0.0%	0.0%
	UCTT	D	0.01%	0.0%	0.0%
	UE	B	0.02%	0.0%	0.0%
	UFCS	A	0.0%	0.0%	0.0%
	UFPI	C	0.04%	0.01%	0.01%
	UFPT	C	0.01%	0.0%	0.0%
	UHT	D	0.0%	0.0%	0.0%
	UMBF	B	0.03%	0.01%	0.01%
	UNF	B	0.02%	0.01%	0.01%
	UNFI	A	0.01%	0.0%	0.0%
	UNIT	B	0.01%	0.0%	0.0%
	UPBD	B	0.01%	0.0%	0.0%
	URBN	C	0.01%	0.0%	0.0%
	USNA	C	0.0%	0.0%	0.0%
	USPH	B	0.01%	0.0%	0.0%
	UTL	B	0.01%	0.0%	0.0%
	UVV	B	0.01%	0.0%	0.0%
	VAL	F	0.02%	0.01%	0.01%
	VBTX	B	0.01%	0.0%	0.0%
	VC	F	0.01%	0.0%	0.0%
	VCEL	B	0.01%	0.0%	0.0%
	VECO	F	0.01%	0.0%	0.0%
	VIAV	C	0.01%	0.0%	0.0%
	VICR	C	0.01%	0.0%	0.0%
	VIR	D	0.0%	0.0%	0.0%
	VLY	B	0.03%	0.01%	0.01%
	VRE	B	0.01%	0.0%	0.0%
	VRRM	F	0.02%	0.01%	0.01%
	VRTS	B	0.01%	0.0%	0.0%
	VSAT	F	0.01%	0.0%	0.0%
	VSCO	C	0.02%	0.01%	0.01%
	VSH	F	0.01%	0.0%	0.0%
	VSTO	A	0.01%	0.0%	0.0%
	VTLE	C	0.0%	0.0%	0.0%
	VTOL	B	0.01%	0.0%	0.0%
	VVI	C	0.01%	0.0%	0.0%
	VYX	B	0.01%	0.0%	0.0%
	WABC	B	0.01%	0.0%	0.0%
	WAFD	B	0.01%	0.01%	0.01%
	WD	D	0.02%	0.01%	0.01%
	WDFC	B	0.02%	0.01%	0.01%
	WERN	C	0.01%	0.0%	0.0%
	WGO	C	0.01%	0.0%	0.0%
	WHD	B	0.02%	0.01%	0.01%
	WKC	C	0.01%	0.0%	0.0%
	WNC	C	0.0%	0.0%	0.0%
	WOR	F	0.01%	0.0%	0.0%
	WRLD	C	0.0%	0.0%	0.0%
	WS	C	0.01%	0.0%	0.0%
	WSFS	B	0.02%	0.01%	0.01%
	WSR	A	0.0%	0.0%	0.0%
	WT	A	0.01%	0.0%	0.0%
	WTS	B	0.03%	0.01%	0.01%
	WWW	A	0.01%	0.0%	0.0%
	XHR	B	0.01%	0.0%	0.0%
	XNCR	B	0.01%	0.0%	0.0%
	XPEL	B	0.01%	0.0%	0.0%
	XRX	F	0.01%	0.0%	0.0%
	YELP	C	0.01%	0.0%	0.0%
	YOU	D	0.01%	0.0%	0.0%
	ZD	B	0.01%	0.0%	0.0%
	ZWS	B	0.03%	0.01%	0.01%

HDG Overweight 1111 Positions Relative to SPTM

	Symbol	Grade	Weight
	PCVX	D	0.06%
	INSM	C	0.06%
	RVMD	C	0.05%
	BECN	B	0.04%
	MOD	A	0.04%
	RHP	B	0.04%
	CWST	A	0.04%
	RKLB	A	0.04%
	RNA	C	0.03%
	WK	B	0.03%
	KAI	B	0.03%
	CWAN	B	0.03%
	AUR	C	0.03%
	TENB	C	0.03%
	CRNX	C	0.03%
	MDGL	B	0.03%
	CRDO	B	0.03%
	SKY	A	0.03%
	UPST	B	0.03%
	STRL	A	0.03%
	BPMC	B	0.03%
	VRNS	D	0.03%
	QTWO	A	0.03%
	TRNO	F	0.03%
	SUM	B	0.03%
	HRI	C	0.03%
	PFSI	C	0.02%
	VCYT	B	0.02%
	STNE	F	0.02%
	HTLF	B	0.02%
	FOLD	F	0.02%
	MGRC	B	0.02%
	OSCR	D	0.02%
	TNET	F	0.02%
	UEC	B	0.02%
	PTCT	B	0.02%
	NUVL	C	0.02%
	MIR	A	0.02%
	AGIO	C	0.02%
	RYTM	C	0.02%
	ACVA	B	0.02%
	RIG	D	0.02%
	DNLI	D	0.02%
	ZETA	D	0.02%
	CLSK	C	0.02%
	HL	D	0.02%
	BNL	D	0.02%
	NPAB	F	0.02%
	FRSH	B	0.02%
	ALIT	C	0.02%
	NHI	D	0.02%
	SGBX	F	0.02%
	ATKR	D	0.02%
	BBIO	F	0.02%
	GLNG	C	0.02%
	AXSM	B	0.02%
	GH	B	0.02%
	RIOT	C	0.02%
	EBC	B	0.02%
	KTOS	B	0.02%
	CBZ	B	0.02%
	MWA	B	0.02%
	ROAD	B	0.02%
	PRCT	B	0.02%
	ACLX	C	0.02%
	ESGR	B	0.02%
	PRIM	A	0.02%
	BE	B	0.02%
	LMB	B	0.01%
	PNTG	D	0.01%
	DCO	C	0.01%
	VITL	D	0.01%
	BV	C	0.01%
	RCKT	F	0.01%
	BLX	B	0.01%
	DNUT	F	0.01%
	DX	B	0.01%
	GDYN	B	0.01%
	ACMR	D	0.01%
	BHRB	B	0.01%
	TRNS	D	0.01%
	ECVT	C	0.01%
	COUR	F	0.01%
	FMBH	B	0.01%
	VMEO	B	0.01%
	ACHR	B	0.01%
	LEU	C	0.01%
	BY	B	0.01%
	BZH	C	0.01%
	RDFN	D	0.01%
	INOD	B	0.01%
	ARQT	B	0.01%
	PFC	B	0.01%
	THR	B	0.01%
	CNOB	B	0.01%
	LFST	B	0.01%
	BFC	B	0.01%
	AAOI	B	0.01%
	BLND	A	0.01%
	ACT	C	0.01%
	DRVN	B	0.01%
	BKD	F	0.01%
	PHR	F	0.01%
	IMKTA	C	0.01%
	VZIO	A	0.01%
	OBK	C	0.01%
	JBI	F	0.01%
	BXC	B	0.01%
	TPB	B	0.01%
	OEC	C	0.01%
	OPEN	F	0.01%
	NVAX	F	0.01%
	PRO	C	0.01%
	CMCO	C	0.01%
	IMAX	B	0.01%
	ARRY	F	0.01%
	TRS	B	0.01%
	FA	C	0.01%
	AMSC	B	0.01%
	WVE	C	0.01%
	UTZ	D	0.01%
	EVRI	A	0.01%
	ERII	D	0.01%
	MSGE	F	0.01%
	DESP	B	0.01%
	NNBR	C	0.01%
	CDNA	D	0.01%
	BBSI	B	0.01%
	FBMS	B	0.01%
	AUPH	B	0.01%
	KFRC	D	0.01%
	MDXG	B	0.01%
	SAVA	C	0.01%
	DOLE	D	0.01%
	MRC	B	0.01%
	ASAN	B	0.01%
	ATSG	B	0.01%
	CNNE	B	0.01%
	ARDX	F	0.01%
	ALHC	C	0.01%
	BLBD	D	0.01%
	KURA	F	0.01%
	IRON	B	0.01%
	WMK	C	0.01%
	PDM	D	0.01%
	DK	C	0.01%
	FLNC	D	0.01%
	SRCE	B	0.01%
	OCFC	B	0.01%
	HROW	D	0.01%
	CIFR	C	0.01%
	XPRO	D	0.01%
	NTST	C	0.01%
	TPC	C	0.01%
	JAMF	F	0.01%
	PEBO	B	0.01%
	WTTR	A	0.01%
	AIV	C	0.01%
	XMTR	B	0.01%
	SCS	C	0.01%
	UMH	B	0.01%
	SFL	D	0.01%
	VRDN	D	0.01%
	RVLV	A	0.01%
	NSSC	D	0.01%
	WINA	C	0.01%
	GABC	B	0.01%
	ENVX	F	0.01%
	SNDX	F	0.01%
	TVTX	C	0.01%
	TROX	D	0.01%
	GSAT	C	0.01%
	LADR	B	0.01%
	CWH	B	0.01%
	CRAI	C	0.01%
	INFN	D	0.01%
	AESI	B	0.01%
	AMRX	C	0.01%
	NTLA	F	0.01%
	PCT	C	0.01%
	CMPR	D	0.01%
	JANX	C	0.01%
	ZUO	B	0.01%
	PLUG	F	0.01%
	DHT	F	0.01%
	BUSE	B	0.01%
	SPT	C	0.01%
	LTH	C	0.01%
	ESRT	C	0.01%
	OCUL	D	0.01%
	EVH	F	0.01%
	ARVN	F	0.01%
	VRNT	C	0.01%
	INMD	C	0.01%
	PAGS	F	0.01%
	BCRX	D	0.01%
	NIC	B	0.01%
	NRIX	C	0.01%
	QCRH	B	0.01%
	RLJ	C	0.01%
	GOGL	F	0.01%
	USLM	A	0.01%
	APPN	B	0.01%
	RXRX	F	0.01%
	CSTM	F	0.01%
	AMC	C	0.01%
	CLDX	F	0.01%
	TCBK	C	0.01%
	CODI	B	0.01%
	REVG	C	0.01%
	IMVT	F	0.01%
	CGON	F	0.01%
	TDOC	C	0.01%
	NNI	D	0.01%
	SMMT	D	0.01%
	RXST	F	0.01%
	PRM	C	0.01%
	LC	A	0.01%
	ATRC	C	0.01%
	LOB	C	0.01%
	HLIO	B	0.01%
	KROS	D	0.01%
	TARS	C	0.01%
	INSW	F	0.01%
	SASR	B	0.01%
	TGLS	B	0.01%
	WULF	C	0.01%
	AGX	B	0.01%
	HE	C	0.01%
	LMND	B	0.01%
	NVCR	C	0.01%
	PD	C	0.01%
	NTB	B	0.01%
	SGRY	F	0.01%
	MIRM	B	0.01%
	VSEC	C	0.01%
	MNKD	C	0.01%
	VERA	C	0.01%
	SRRK	C	0.01%
	KOS	D	0.01%
	SMR	B	0.01%
	MQ	D	0.01%
	SKWD	A	0.01%
	BEAM	D	0.01%
	KYMR	D	0.01%
	SOUN	B	0.01%
	HEES	C	0.01%
	UPWK	B	0.01%
	OSW	B	0.01%
	WRBY	A	0.01%
	ALKT	B	0.01%
	AGM	B	0.01%
	AKRO	B	0.01%
	SYBT	B	0.01%
	LBPH	A	0.01%
	GOLF	B	0.01%
	MGNI	B	0.01%
	ACAD	C	0.01%
	DBRG	F	0.01%
	NMRK	C	0.01%
	IVT	A	0.01%
	WSBC	B	0.01%
	IOVA	F	0.01%
	GPOR	B	0.01%
	HURN	C	0.01%
	GERN	D	0.01%
	TWST	F	0.01%
	AMBA	B	0.01%
	EFSC	B	0.01%
	IESC	C	0.01%
	INTA	B	0.01%
	AI	B	0.01%
	IDYA	F	0.01%
	KNTK	A	0.01%
	IGT	F	0.01%
	DYN	F	0.01%
	EWTX	C	0.01%
	JOBY	B	0.01%
	BRZE	C	0.01%
	COMP	B	0.01%
	CDE	C	0.01%
	RPD	B	0.01%
	TOWN	B	0.01%
	RRR	F	0.01%
	LAUR	A	0.01%
	IRTC	C	0.01%
	SWTX	C	0.01%
	STNG	F	0.01%
	FRME	B	0.01%
	ICFI	F	0.01%
	FIBK	B	0.01%
	VCTR	B	0.01%
	PAR	A	0.01%
	FLYW	B	0.01%
	BUR	C	0.01%
	PTON	A	0.01%
	VERX	A	0.01%
	QRTEB	F	0.0%
	LYRA	F	0.0%
	VGAS	B	0.0%
	PRLD	F	0.0%
	VRCA	F	0.0%
	ARL	D	0.0%
	SST	F	0.0%
	RENB	F	0.0%
	ELEV	D	0.0%
	AVTE	D	0.0%
	RAPT	F	0.0%
	GOEV	F	0.0%
	AMPX	C	0.0%
	VALU	C	0.0%
	SES	F	0.0%
	TCI	D	0.0%
	CIX	D	0.0%
	ALXO	F	0.0%
	ATNM	F	0.0%
	PRPL	F	0.0%
	STTK	F	0.0%
	CURV	D	0.0%
	GMGI	C	0.0%
	SWKH	F	0.0%
	HOWL	F	0.0%
	STEM	F	0.0%
	GOCO	C	0.0%
	GALT	C	0.0%
	MASS	F	0.0%
	HLVX	F	0.0%
	METCB	F	0.0%
	IPSC	F	0.0%
	TLYS	F	0.0%
	STKS	F	0.0%
	BLUE	F	0.0%
	PEPG	F	0.0%
	OVID	F	0.0%
	CLPR	D	0.0%
	NL	B	0.0%
	AKYA	F	0.0%
	VHI	D	0.0%
	OPRX	F	0.0%
	REKR	F	0.0%
	SCWO	F	0.0%
	EEX	C	0.0%
	XFOR	F	0.0%
	INMB	F	0.0%
	NRDY	C	0.0%
	DLHC	F	0.0%
	VTSI	C	0.0%
	LCUT	F	0.0%
	ULBI	F	0.0%
	TDUP	C	0.0%
	QSI	C	0.0%
	CADL	F	0.0%
	GBIO	F	0.0%
	VERU	F	0.0%
	TUSK	F	0.0%
	WALD	F	0.0%
	CVGI	F	0.0%
	ACRV	F	0.0%
	CSTE	F	0.0%
	MPX	C	0.0%
	GLSI	F	0.0%
	CHRS	D	0.0%
	MAPS	B	0.0%
	EP	C	0.0%
	HQI	B	0.0%
	AIRS	C	0.0%
	RMBL	B	0.0%
	HBIO	F	0.0%
	EVEX	D	0.0%
	TTEC	F	0.0%
	RGLS	F	0.0%
	CPSS	B	0.0%
	FENC	D	0.0%
	EVI	F	0.0%
	SCPH	F	0.0%
	RILY	F	0.0%
	INNV	F	0.0%
	FRGE	F	0.0%
	QUIK	F	0.0%
	GRWG	D	0.0%
	TPIC	F	0.0%
	SCLX	F	0.0%
	PBYI	C	0.0%
	EGAN	C	0.0%
	CRDF	F	0.0%
	SBT	C	0.0%
	COOK	D	0.0%
	DIBS	F	0.0%
	ABOS	F	0.0%
	RMNI	C	0.0%
	BDTX	F	0.0%
	QIPT	F	0.0%
	PGEN	F	0.0%
	SSP	F	0.0%
	TNYA	D	0.0%
	LWAY	C	0.0%
	PAYS	F	0.0%
	INO	F	0.0%
	POWW	F	0.0%
	NTIC	B	0.0%
	CTRN	F	0.0%
	STXS	C	0.0%
	KFS	B	0.0%
	IAUX	F	0.0%
	MRAM	D	0.0%
	SSTI	C	0.0%
	LXRX	F	0.0%
	VTYX	F	0.0%
	SKIN	D	0.0%
	TAYD	D	0.0%
	AOMR	F	0.0%
	QRHC	D	0.0%
	JYNT	C	0.0%
	BKSY	B	0.0%
	III	C	0.0%
	ZYXI	D	0.0%
	SAVE	F	0.0%
	NC	B	0.0%
	LNZA	F	0.0%
	NODK	A	0.0%
	NPCE	C	0.0%
	SPCE	D	0.0%
	MDWD	D	0.0%
	CRNC	C	0.0%
	APPS	F	0.0%
	CMT	C	0.0%
	LCTX	F	0.0%
	TWIN	F	0.0%
	BBCP	D	0.0%
	XBIT	F	0.0%
	TSQ	D	0.0%
	SGHT	F	0.0%
	VRA	C	0.0%
	PNRG	A	0.0%
	NKTX	F	0.0%
	PEBK	B	0.0%
	CABA	F	0.0%
	OBIO	C	0.0%
	HFFG	C	0.0%
	FF	F	0.0%
	CLAR	D	0.0%
	TCX	D	0.0%
	SMTI	B	0.0%
	PBFS	A	0.0%
	SKYH	C	0.0%
	CDLX	D	0.0%
	BH	B	0.0%
	AMTX	C	0.0%
	ZURA	F	0.0%
	ACDC	B	0.0%
	CDZI	C	0.0%
	HRTX	F	0.0%
	GWRS	B	0.0%
	NREF	A	0.0%
	MHLD	D	0.0%
	ESCA	B	0.0%
	JRVR	F	0.0%
	IGMS	F	0.0%
	EML	D	0.0%
	QBTS	B	0.0%
	BTMD	B	0.0%
	ACHV	F	0.0%
	DC	D	0.0%
	FLL	C	0.0%
	STRS	B	0.0%
	BLNK	F	0.0%
	PRTH	B	0.0%
	SMHI	F	0.0%
	JILL	C	0.0%
	NRGV	C	0.0%
	MYPS	C	0.0%
	DXLG	D	0.0%
	AVD	C	0.0%
	GPRO	F	0.0%
	AVNW	F	0.0%
	STHO	F	0.0%
	AFCG	D	0.0%
	SLDP	F	0.0%
	GEOS	B	0.0%
	BOOM	F	0.0%
	LAW	F	0.0%
	EVC	C	0.0%
	BRCC	F	0.0%
	FFNW	C	0.0%
	INZY	F	0.0%
	SEVN	C	0.0%
	RXT	C	0.0%
	TRVI	F	0.0%
	GPMT	C	0.0%
	ATOS	F	0.0%
	NVRO	F	0.0%
	CRBU	D	0.0%
	ARAY	C	0.0%
	VIRC	B	0.0%
	RCKY	F	0.0%
	SAMG	B	0.0%
	ACTG	D	0.0%
	ATLO	C	0.0%
	SERA	F	0.0%
	CHMG	B	0.0%
	TSVT	F	0.0%
	NNBR	C	0.0%
	CHGG	C	0.0%
	RSVR	B	0.0%
	JOUT	F	0.0%
	HBB	F	0.0%
	ESSA	B	0.0%
	RELL	B	0.0%
	PVBC	B	0.0%
	BBAI	C	0.0%
	FET	F	0.0%
	MYFW	B	0.0%
	IRBT	F	0.0%
	INFU	B	0.0%
	ONTF	C	0.0%
	IBEX	B	0.0%
	SRI	F	0.0%
	LYEL	F	0.0%
	KOD	B	0.0%
	RGCO	B	0.0%
	CTV	A	0.0%
	FSP	B	0.0%
	NXDT	F	0.0%
	EPM	A	0.0%
	BMEA	F	0.0%
	MLP	B	0.0%
	CTGO	D	0.0%
	BELFA	D	0.0%
	MFIN	B	0.0%
	TLS	D	0.0%
	MODV	C	0.0%
	DSGN	C	0.0%
	CVRX	C	0.0%
	BLDE	C	0.0%
	VEL	A	0.0%
	BSVN	B	0.0%
	ALCO	D	0.0%
	MVIS	F	0.0%
	AEYE	C	0.0%
	FULC	F	0.0%
	TG	D	0.0%
	TTSH	F	0.0%
	SMID	B	0.0%
	GRPN	F	0.0%
	HOFT	B	0.0%
	NKSH	C	0.0%
	PSTX	D	0.0%
	MG	D	0.0%
	ALTG	C	0.0%
	PRME	F	0.0%
	PESI	B	0.0%
	CIO	C	0.0%
	MED	D	0.0%
	FORR	C	0.0%
	OB	B	0.0%
	NKTR	F	0.0%
	LSEA	D	0.0%
	VABK	B	0.0%
	ENTA	F	0.0%
	ADCT	F	0.0%
	LFMD	D	0.0%
	MITT	D	0.0%
	WTI	F	0.0%
	RMAX	C	0.0%
	KLTR	B	0.0%
	PANL	F	0.0%
	ZNTL	F	0.0%
	BARK	C	0.0%
	ASLE	C	0.0%
	FLWS	D	0.0%
	FHTX	C	0.0%
	RGTI	B	0.0%
	BCBP	B	0.0%
	EWCZ	F	0.0%
	HPK	B	0.0%
	FATE	F	0.0%
	PYXS	D	0.0%
	ATNI	F	0.0%
	ASUR	C	0.0%
	OFLX	D	0.0%
	GNE	F	0.0%
	ALDX	D	0.0%
	LILA	D	0.0%
	TBI	F	0.0%
	GAMB	A	0.0%
	USCB	B	0.0%
	MEC	F	0.0%
	NATR	C	0.0%
	LCNB	B	0.0%
	HMST	F	0.0%
	GENC	C	0.0%
	BWFG	B	0.0%
	KRT	B	0.0%
	SGC	C	0.0%
	SKYT	D	0.0%
	BRT	A	0.0%
	PLL	C	0.0%
	OVLY	B	0.0%
	DBI	F	0.0%
	ITOS	F	0.0%
	UTMD	F	0.0%
	ISTR	B	0.0%
	PCB	B	0.0%
	QUAD	C	0.0%
	BHR	C	0.0%
	PFMT	F	0.0%
	EDIT	F	0.0%
	PINE	C	0.0%
	MGNX	F	0.0%
	NATH	C	0.0%
	LE	D	0.0%
	INSE	C	0.0%
	FVCB	B	0.0%
	ANIK	D	0.0%
	ABSI	F	0.0%
	REI	D	0.0%
	DH	F	0.0%
	IHRT	B	0.0%
	JAKK	C	0.0%
	SWIM	C	0.0%
	PRCH	B	0.0%
	SMLR	B	0.0%
	STRO	F	0.0%
	ILPT	F	0.0%
	MBCN	C	0.0%
	ONEW	F	0.0%
	BLFY	B	0.0%
	LUNG	F	0.0%
	FREY	B	0.0%
	RNGR	A	0.0%
	ORN	B	0.0%
	RDW	A	0.0%
	CRCT	F	0.0%
	PKBK	A	0.0%
	GCBC	C	0.0%
	EVCM	B	0.0%
	OCGN	F	0.0%
	NWFL	C	0.0%
	OLPX	D	0.0%
	FSTR	B	0.0%
	INGN	C	0.0%
	MVBF	C	0.0%
	CRMT	D	0.0%
	THRD	F	0.0%
	FRST	B	0.0%
	DGICA	A	0.0%
	CPS	C	0.0%
	MGTX	C	0.0%
	BLZE	F	0.0%
	WSBF	C	0.0%
	TSBK	A	0.0%
	CCCC	F	0.0%
	MRSN	D	0.0%
	ACCD	D	0.0%
	VPG	F	0.0%
	HEAR	D	0.0%
	RM	C	0.0%
	KRO	C	0.0%
	RLGT	B	0.0%
	WEYS	C	0.0%
	DSP	A	0.0%
	TRAK	B	0.0%
	IMMR	C	0.0%
	CBNK	B	0.0%
	AMPY	C	0.0%
	CTOS	B	0.0%
	SB	F	0.0%
	XOMA	C	0.0%
	FLXS	B	0.0%
	VYGR	F	0.0%
	ANGO	C	0.0%
	WOW	C	0.0%
	NGS	B	0.0%
	HDSN	F	0.0%
	SNBR	F	0.0%
	RRBI	A	0.0%
	PCYO	A	0.0%
	REFI	A	0.0%
	MBI	B	0.0%
	CDXS	B	0.0%
	MNTK	F	0.0%
	HRTG	C	0.0%
	KODK	B	0.0%
	RGP	F	0.0%
	SIGA	F	0.0%
	SAGE	F	0.0%
	PLBC	A	0.0%
	OSUR	F	0.0%
	CBAN	B	0.0%
	PBPB	C	0.0%
	ORGO	B	0.0%
	PKE	B	0.0%
	EB	C	0.0%
	LRMR	D	0.0%
	PACK	B	0.0%
	VNDA	C	0.0%
	IPI	C	0.0%
	ULCC	D	0.0%
	BCML	B	0.0%
	ATLC	A	0.0%
	FDBC	C	0.0%
	NRC	F	0.0%
	LEGH	D	0.0%
	DOMO	B	0.0%
	AVAH	B	0.0%
	APEI	B	0.0%
	AMPS	C	0.0%
	ALLO	F	0.0%
	PKOH	C	0.0%
	MOV	D	0.0%
	AEHR	F	0.0%
	AMCX	C	0.0%
	VLGEA	C	0.0%
	PHAT	F	0.0%
	PSTL	D	0.0%
	FLIC	B	0.0%
	NGVC	A	0.0%
	HBT	B	0.0%
	FNLC	C	0.0%
	CYRX	F	0.0%
	TITN	C	0.0%
	COFS	A	0.0%
	BWB	B	0.0%
	TH	C	0.0%
	SPOK	B	0.0%
	CZNC	C	0.0%
	PLSE	C	0.0%
	BYND	F	0.0%
	JMSB	C	0.0%
	GNTY	A	0.0%
	GCO	C	0.0%
	OBT	C	0.0%
	SSBK	B	0.0%
	CERS	D	0.0%
	TYRA	F	0.0%
	RCEL	B	0.0%
	NNOX	C	0.0%
	CCRN	F	0.0%
	SENEA	A	0.0%
	FRBA	D	0.0%
	METC	C	0.0%
	CZFS	B	0.0%
	GLUE	C	0.0%
	ACIC	B	0.0%
	SANA	F	0.0%
	SFIX	B	0.0%
	LOCO	D	0.0%
	OIS	B	0.0%
	BYRN	B	0.0%
	HVT	D	0.0%
	UNTY	B	0.0%
	FNKO	D	0.0%
	SLQT	C	0.0%
	HNRG	B	0.0%
	BRY	F	0.0%
	MEI	F	0.0%
	AQST	D	0.0%
	LAZR	D	0.0%
	DENN	D	0.0%
	ATEX	F	0.0%
	ALEC	F	0.0%
	MLYS	F	0.0%
	NEWT	C	0.0%
	BWMN	C	0.0%
	ADV	D	0.0%
	OOMA	B	0.0%
	CLFD	F	0.0%
	FSBW	C	0.0%
	GRNT	B	0.0%
	CDXC	B	0.0%
	TRC	F	0.0%
	WOOF	D	0.0%
	MTRX	B	0.0%
	CIVB	B	0.0%
	VERV	F	0.0%
	SFST	B	0.0%
	CELC	F	0.0%
	INBK	B	0.0%
	SVRA	F	0.0%
	CMPO	B	0.0%
	LWLG	D	0.0%
	ZUMZ	B	0.0%
	TRUE	C	0.0%
	RMR	F	0.0%
	LGTY	C	0.0%
	LUNR	B	0.0%
	PLPC	B	0.0%
	MCFT	C	0.0%
	ULH	C	0.0%
	GRND	A	0.0%
	MAX	F	0.0%
	TBPH	B	0.0%
	TERN	F	0.0%
	ITIC	A	0.0%
	HBCP	C	0.0%
	TSHA	C	0.0%
	RBBN	C	0.0%
	ODC	B	0.0%
	OABI	F	0.0%
	HIFS	C	0.0%
	BOC	C	0.0%
	ZIMV	D	0.0%
	EBTC	C	0.0%
	EGHT	B	0.0%
	NECB	C	0.0%
	XPOF	C	0.0%
	OUST	C	0.0%
	MTW	C	0.0%
	RDVT	A	0.0%
	KALV	F	0.0%
	SD	D	0.0%
	ACRE	B	0.0%
	OLMA	F	0.0%
	GIC	D	0.0%
	ANAB	F	0.0%
	TMCI	C	0.0%
	AKBA	C	0.0%
	KIDS	D	0.0%
	OMER	A	0.0%
	NUS	D	0.0%
	ARCT	F	0.0%
	DDD	C	0.0%
	TCMD	B	0.0%
	REPX	A	0.0%
	TCBX	B	0.0%
	CWCO	C	0.0%
	REAL	B	0.0%
	ZEUS	C	0.0%
	WTBA	B	0.0%
	NVEC	B	0.0%
	LXFR	C	0.0%
	DSGR	C	0.0%
	GHM	A	0.0%
	GLRE	B	0.0%
	GTN	F	0.0%
	FC	F	0.0%
	FMAO	B	0.0%
	ESPR	B	0.0%
	USAP	B	0.0%
	FISI	B	0.0%
	ACNB	B	0.0%
	NOVA	F	0.0%
	LINC	C	0.0%
	LAND	F	0.0%
	FRPH	B	0.0%
	CLW	F	0.0%
	XERS	C	0.0%
	PPTA	C	0.0%
	DMRC	B	0.0%
	BSRR	B	0.0%
	QTRX	F	0.0%
	MITK	C	0.0%
	RBB	B	0.0%
	DCGO	B	0.0%
	YMAB	F	0.0%
	BIGC	B	0.0%
	HUMA	F	0.0%
	FBIZ	B	0.0%
	URGN	F	0.0%
	ALX	D	0.0%
	BVS	D	0.0%
	BCAL	B	0.0%
	CLDT	B	0.0%
	BMRC	B	0.0%
	BALY	B	0.0%
	LMNR	B	0.0%
	STOK	F	0.0%
	RVNC	F	0.0%
	NRIM	A	0.0%
	CTO	B	0.0%
	TREE	F	0.0%
	CARE	C	0.0%
	CHPT	F	0.0%
	PACB	F	0.0%
	AURA	C	0.0%
	IRMD	C	0.0%
	TRDA	C	0.0%
	FUBO	D	0.0%
	FDMT	F	0.0%
	OLP	B	0.0%
	HCAT	D	0.0%
	LOVE	A	0.0%
	DHIL	B	0.0%
	AGS	A	0.0%
	BBW	C	0.0%
	LGF.A	C	0.0%
	LXU	B	0.0%
	KRNY	C	0.0%
	RICK	B	0.0%
	CLNE	F	0.0%
	EVER	D	0.0%
	SPFI	C	0.0%
	CVGW	D	0.0%
	EYPT	D	0.0%
	BAND	B	0.0%
	LIND	C	0.0%
	CCSI	C	0.0%
	MOFG	B	0.0%
	PKST	F	0.0%
	EE	A	0.0%
	TTI	B	0.0%
	LASR	D	0.0%
	FNA	B	0.0%
	SHYF	C	0.0%
	KE	C	0.0%
	ERAS	C	0.0%
	RDUS	B	0.0%
	MPB	B	0.0%
	REAX	D	0.0%
	ATRO	D	0.0%
	NUVB	C	0.0%
	PFIS	A	0.0%
	ENFN	B	0.0%
	CYH	F	0.0%
	FFIC	B	0.0%
	FFWM	C	0.0%
	ARHS	F	0.0%
	CAPR	C	0.0%
	NWPX	A	0.0%
	MRVI	F	0.0%
	SEMR	C	0.0%
	AGL	F	0.0%
	FARO	C	0.0%
	ASC	F	0.0%
	UIS	B	0.0%
	PX	A	0.0%
	RUSHB	C	0.0%
	SHBI	B	0.0%
	CHCT	C	0.0%
	CLBK	C	0.0%
	GCMG	B	0.0%
	CMP	C	0.0%
	HONE	C	0.0%
	ALRS	D	0.0%
	PTVE	B	0.0%
	CTLP	B	0.0%
	AMRK	F	0.0%
	BTBT	C	0.0%
	RLAY	F	0.0%
	IMNM	F	0.0%
	YORW	F	0.0%
	ESQ	B	0.0%
	WLDN	C	0.0%
	TRTX	C	0.0%
	WEAV	C	0.0%
	ORIC	F	0.0%
	CSV	B	0.0%
	KRUS	B	0.0%
	GMRE	F	0.0%
	MCS	B	0.0%
	IBTA	C	0.0%
	CCBG	B	0.0%
	ARKO	C	0.0%
	DIN	C	0.0%
	SRDX	B	0.0%
	SIBN	F	0.0%
	ABUS	D	0.0%
	FPI	B	0.0%
	OPK	C	0.0%
	NFBK	C	0.0%
	HTBI	B	0.0%
	BHB	C	0.0%
	VREX	B	0.0%
	DAKT	C	0.0%
	ALT	C	0.0%
	UVE	B	0.0%
	ACCO	C	0.0%
	AXGN	C	0.0%
	THFF	B	0.0%
	EGY	D	0.0%
	FWRG	C	0.0%
	AROW	B	0.0%
	EAF	C	0.0%
	DHC	F	0.0%
	NRDS	C	0.0%
	EBF	F	0.0%
	CCO	C	0.0%
	FOR	F	0.0%
	FSBC	C	0.0%
	MSBI	B	0.0%
	FMNB	B	0.0%
	MNMD	C	0.0%
	SMBK	B	0.0%
	AIOT	B	0.0%
	LYTS	B	0.0%
	HNST	A	0.0%
	AVXL	B	0.0%
	TIPT	C	0.0%
	PLOW	D	0.0%
	IIIV	C	0.0%
	LQDA	F	0.0%
	CRMD	C	0.0%
	AVO	C	0.0%
	CCNE	C	0.0%
	GSBC	C	0.0%
	NR	B	0.0%
	CMTG	F	0.0%
	ANNX	F	0.0%
	RYAM	C	0.0%
	MLNK	C	0.0%
	HY	D	0.0%
	NAPA	A	0.0%
	ADPT	C	0.0%
	ACEL	C	0.0%
	SWBI	C	0.0%
	SMBC	B	0.0%
	PRTA	F	0.0%
	MEG	F	0.0%
	PTLO	F	0.0%
	NAT	F	0.0%
	ETWO	F	0.0%
	CASS	C	0.0%
	OFIX	C	0.0%
	MCBS	B	0.0%
	CNDT	C	0.0%
	CMRE	C	0.0%
	CBL	B	0.0%
	PGC	B	0.0%
	PL	B	0.0%
	STGW	A	0.0%
	PUBM	C	0.0%
	OSPN	A	0.0%
	FIGS	F	0.0%
	HTBK	B	0.0%
	LPRO	B	0.0%
	WLFC	B	0.0%
	RBCAA	B	0.0%
	NBN	C	0.0%
	AMAL	B	0.0%
	WASH	C	0.0%
	EU	D	0.0%
	ZIP	D	0.0%
	REPL	D	0.0%
	PAX	C	0.0%
	ETNB	C	0.0%
	IMXI	B	0.0%
	EOLS	D	0.0%
	MCB	B	0.0%
	OLO	A	0.0%
	NTGR	B	0.0%
	EQBK	B	0.0%
	CAC	C	0.0%
	BFST	C	0.0%
	GOOD	B	0.0%
	SPRY	C	0.0%
	RYI	C	0.0%
	BBUC	C	0.0%
	DAWN	D	0.0%
	GCI	D	0.0%
	AMTB	B	0.0%
	RPAY	D	0.0%
	PLRX	D	0.0%
	CGEM	F	0.0%
	DJCO	B	0.0%
	BELFB	C	0.0%
	INDI	C	0.0%
	IAS	C	0.0%
	CSTL	D	0.0%
	MLR	C	0.0%
	MBIN	F	0.0%
	IBUY	B	0.0%
	ORRF	B	0.0%
	PLYM	F	0.0%
	GNK	D	0.0%
	CDMO	A	0.0%
	BASE	B	0.0%
	BMBL	C	0.0%
	UDMY	D	0.0%
	IBCP	B	0.0%
	MBWM	B	0.0%
	HCKT	B	0.0%
	CFB	B	0.0%
	IDT	B	0.0%
	FCBC	C	0.0%
	FLNG	C	0.0%
	SHLS	F	0.0%
	UTI	B	0.0%
	GLDD	B	0.0%
	DFH	D	0.0%
	IE	C	0.0%
	HLF	C	0.0%
	SGHC	A	0.0%
	HBNC	B	0.0%
	CECO	B	0.0%
	BRSP	C	0.0%
	OSBC	A	0.0%
	CCB	A	0.0%
	AMRC	F	0.0%
	YEXT	B	0.0%
	COGT	D	0.0%
	FSLY	D	0.0%
	LILAK	D	0.0%
	APLT	C	0.0%
	MBUU	B	0.0%
	NEXT	C	0.0%
	LGF.A	C	0.0%
	ASPN	F	0.0%
	ATEC	C	0.0%
	APLD	B	0.0%
	RSI	A	0.0%
	GRC	A	0.0%
	SPNS	F	0.0%
	FG	A	0.0%
	ELVN	D	0.0%
	CDRE	F	0.0%
	COMM	D	0.0%
	HOV	D	0.0%
	JELD	F	0.0%
	CTBI	B	0.0%
	UVSP	B	0.0%
	PGRE	F	0.0%

HDG Underweight 851 Positions Relative to SPTM

	Symbol	Grade	Weight
	NVDA	B	-6.57%
	AAPL	C	-6.31%
	MSFT	D	-5.77%
	AMZN	C	-3.59%
	META	D	-2.29%
	GOOGL	C	-1.87%
	TSLA	B	-1.57%
	BRK.A	B	-1.56%
	GOOG	C	-1.55%
	AVGO	D	-1.44%
	JPM	A	-1.25%
	LLY	F	-1.13%
	UNH	B	-0.99%
	XOM	B	-0.97%
	V	A	-0.93%
	MA	B	-0.78%
	COST	A	-0.74%
	HD	B	-0.73%
	PG	C	-0.71%
	JNJ	C	-0.66%
	WMT	A	-0.66%
	NFLX	A	-0.65%
	CRM	B	-0.58%
	BAC	A	-0.56%
	ORCL	A	-0.54%
	ABBV	F	-0.54%
	CVX	A	-0.5%
	MRK	D	-0.46%
	WFC	A	-0.45%
	KO	D	-0.44%
	ACN	B	-0.42%
	CSCO	B	-0.42%
	ADBE	C	-0.42%
	PEP	F	-0.41%
	AMD	F	-0.41%
	MCD	D	-0.39%
	NOW	A	-0.39%
	LIN	C	-0.39%
	ABT	B	-0.37%
	TMO	F	-0.37%
	DIS	B	-0.36%
	INTU	B	-0.36%
	PM	B	-0.36%
	ISRG	A	-0.35%
	IBM	C	-0.35%
	GE	D	-0.35%
	GS	A	-0.34%
	CAT	B	-0.34%
	TXN	C	-0.34%
	QCOM	F	-0.33%
	CMCSA	B	-0.31%
	VZ	C	-0.31%
	SPGI	C	-0.3%
	MS	A	-0.3%
	BKNG	A	-0.3%
	RTX	D	-0.29%
	T	A	-0.29%
	AMGN	F	-0.29%
	AXP	A	-0.29%
	PGR	A	-0.28%
	LOW	C	-0.28%
	AMAT	F	-0.28%
	DHR	F	-0.28%
	NEE	C	-0.28%
	BLK	B	-0.27%
	UBER	F	-0.27%
	PFE	F	-0.27%
	HON	C	-0.27%
	UNP	C	-0.26%
	ETN	A	-0.26%
	BSX	A	-0.24%
	COP	C	-0.24%
	BX	A	-0.24%
	SYK	B	-0.24%
	C	A	-0.24%
	TJX	A	-0.24%
	ADP	A	-0.23%
	VRTX	D	-0.23%
	PANW	B	-0.23%
	BMY	B	-0.22%
	FI	A	-0.22%
	SCHW	B	-0.22%
	LMT	D	-0.21%
	SBUX	A	-0.21%
	TMUS	B	-0.21%
	GILD	C	-0.21%
	PLTR	B	-0.21%
	MDT	D	-0.2%
	MU	D	-0.2%
	MMC	B	-0.2%
	PLD	F	-0.19%
	INTC	C	-0.19%
	ADI	D	-0.19%
	CB	C	-0.19%
	UPS	C	-0.18%
	LRCX	F	-0.18%
	KKR	A	-0.18%
	BA	F	-0.18%
	DE	B	-0.18%
	AMT	C	-0.17%
	PH	A	-0.17%
	SHW	B	-0.17%
	ELV	F	-0.17%
	MO	A	-0.17%
	TT	A	-0.17%
	SO	C	-0.17%
	KLAC	F	-0.16%
	DUK	C	-0.16%
	MDLZ	F	-0.16%
	PYPL	B	-0.16%
	APH	A	-0.16%
	GEV	B	-0.16%
	CI	D	-0.16%
	NKE	F	-0.16%
	ICE	C	-0.16%
	CRWD	B	-0.15%
	CME	B	-0.15%
	MCK	A	-0.15%
	WM	B	-0.15%
	AON	A	-0.15%
	CMG	B	-0.15%
	CDNS	B	-0.15%
	MSI	B	-0.15%
	SNPS	B	-0.15%
	PNC	B	-0.15%
	REGN	F	-0.15%
	EQIX	A	-0.15%
	EMR	B	-0.14%
	GD	D	-0.14%
	MMM	D	-0.14%
	ITW	B	-0.14%
	CTAS	B	-0.14%
	WELL	A	-0.14%
	MCO	B	-0.14%
	ZTS	D	-0.14%
	USB	A	-0.14%
	EOG	A	-0.14%
	CEG	C	-0.13%
	COF	C	-0.13%
	APD	A	-0.13%
	CSX	C	-0.13%
	TGT	F	-0.13%
	TDG	D	-0.13%
	ORLY	B	-0.13%
	CL	D	-0.13%
	FCX	F	-0.12%
	HCA	F	-0.12%
	CARR	C	-0.12%
	OKE	A	-0.12%
	AJG	A	-0.12%
	MAR	A	-0.12%
	FDX	B	-0.12%
	BDX	F	-0.12%
	ADSK	A	-0.12%
	GM	C	-0.12%
	NOC	D	-0.12%
	WMB	A	-0.12%
	CVS	D	-0.12%
	SRE	A	-0.11%
	ABNB	C	-0.11%
	NXPI	D	-0.11%
	JCI	B	-0.11%
	URI	C	-0.11%
	TRV	B	-0.11%
	FICO	B	-0.11%
	ROP	B	-0.11%
	PCAR	B	-0.11%
	HLT	A	-0.11%
	NSC	B	-0.11%
	FTNT	C	-0.11%
	ECL	D	-0.11%
	SLB	C	-0.11%
	TFC	A	-0.11%
	KMI	A	-0.1%
	PSA	C	-0.1%
	GWW	B	-0.1%
	PSX	C	-0.1%
	SPG	A	-0.1%
	RCL	A	-0.1%
	AMP	A	-0.1%
	AFL	B	-0.1%
	DLR	B	-0.1%
	AZO	C	-0.1%
	BK	A	-0.1%
	PAYX	B	-0.09%
	DHI	F	-0.09%
	FIS	C	-0.09%
	MET	A	-0.09%
	FAST	B	-0.09%
	NEM	D	-0.09%
	LHX	C	-0.09%
	AIG	B	-0.09%
	ROST	D	-0.09%
	VST	A	-0.09%
	MSCI	C	-0.09%
	CMI	A	-0.09%
	AEP	C	-0.09%
	CPRT	B	-0.09%
	MPC	D	-0.09%
	ALL	A	-0.09%
	CBRE	B	-0.08%
	VRSK	A	-0.08%
	DAL	B	-0.08%
	MNST	C	-0.08%
	IR	B	-0.08%
	IT	C	-0.08%
	LEN	D	-0.08%
	AXON	A	-0.08%
	VLO	C	-0.08%
	F	C	-0.08%
	TRGP	A	-0.08%
	DFS	B	-0.08%
	BKR	A	-0.08%
	PEG	A	-0.08%
	RSG	A	-0.08%
	PCG	A	-0.08%
	AME	A	-0.08%
	CCI	C	-0.08%
	HWM	A	-0.08%
	KMB	C	-0.08%
	KVUE	A	-0.08%
	PRU	A	-0.08%
	O	C	-0.08%
	D	C	-0.08%
	PWR	A	-0.08%
	HIG	B	-0.07%
	DD	C	-0.07%
	GLW	B	-0.07%
	VMC	B	-0.07%
	MLM	C	-0.07%
	NUE	C	-0.07%
	ACGL	C	-0.07%
	DELL	B	-0.07%
	EXC	C	-0.07%
	GIS	D	-0.07%
	SYY	D	-0.07%
	YUM	D	-0.07%
	A	D	-0.07%
	XEL	A	-0.07%
	LULU	C	-0.07%
	KR	B	-0.07%
	HES	B	-0.07%
	STZ	D	-0.07%
	CHTR	C	-0.07%
	EW	C	-0.07%
	ODFL	C	-0.07%
	CTVA	C	-0.07%
	EA	A	-0.07%
	OTIS	C	-0.07%
	COR	B	-0.07%
	CTSH	B	-0.07%
	STT	B	-0.06%
	TSCO	D	-0.06%
	WEC	A	-0.06%
	GPN	B	-0.06%
	CSGP	D	-0.06%
	EIX	B	-0.06%
	VICI	C	-0.06%
	DOW	F	-0.06%
	AVB	B	-0.06%
	GRMN	B	-0.06%
	EFX	F	-0.06%
	FANG	C	-0.06%
	HPQ	B	-0.06%
	CNC	D	-0.06%
	FITB	B	-0.06%
	NDAQ	A	-0.06%
	WTW	B	-0.06%
	GEHC	D	-0.06%
	IRM	C	-0.06%
	ED	C	-0.06%
	ROK	C	-0.06%
	EXR	C	-0.06%
	OXY	D	-0.06%
	RMD	C	-0.06%
	KDP	F	-0.06%
	IQV	F	-0.06%
	HUM	C	-0.06%
	MCHP	F	-0.06%
	WAB	B	-0.06%
	IDXX	F	-0.06%
	MTB	A	-0.06%
	NTAP	C	-0.05%
	CCL	A	-0.05%
	DTE	C	-0.05%
	SW	A	-0.05%
	WST	C	-0.05%
	EQR	C	-0.05%
	TYL	B	-0.05%
	TPL	A	-0.05%
	PPL	A	-0.05%
	BRO	B	-0.05%
	DVN	F	-0.05%
	RF	A	-0.05%
	KHC	F	-0.05%
	HBAN	A	-0.05%
	AWK	C	-0.05%
	FTV	C	-0.05%
	MTD	F	-0.05%
	DECK	A	-0.05%
	HSY	F	-0.05%
	CHD	A	-0.05%
	BR	A	-0.05%
	HAL	C	-0.05%
	TROW	B	-0.05%
	SYF	B	-0.05%
	GDDY	A	-0.05%
	KEYS	A	-0.05%
	HPE	B	-0.05%
	CPAY	A	-0.05%
	NVR	D	-0.05%
	MPWR	F	-0.05%
	UAL	A	-0.05%
	PHM	D	-0.05%
	DXCM	C	-0.05%
	EBAY	D	-0.05%
	DOV	A	-0.05%
	TTWO	A	-0.05%
	PPG	F	-0.05%
	ON	D	-0.05%
	XYL	D	-0.05%
	ANSS	B	-0.05%
	ETR	B	-0.05%
	RJF	A	-0.05%
	CAH	B	-0.05%
	ESS	B	-0.04%
	PFG	D	-0.04%
	CMS	C	-0.04%
	INVH	D	-0.04%
	CTRA	B	-0.04%
	STX	C	-0.04%
	CNP	A	-0.04%
	WDC	D	-0.04%
	HOLX	D	-0.04%
	IP	A	-0.04%
	SNA	A	-0.04%
	BALL	F	-0.04%
	DRI	B	-0.04%
	LH	B	-0.04%
	CLX	A	-0.04%
	LII	A	-0.04%
	OMC	C	-0.04%
	K	A	-0.04%
	ES	C	-0.04%
	FSLR	F	-0.04%
	FE	C	-0.04%
	ZBRA	B	-0.04%
	LYB	F	-0.04%
	STLD	B	-0.04%
	ATO	A	-0.04%
	WBD	B	-0.04%
	CBOE	C	-0.04%
	CFG	B	-0.04%
	TDY	B	-0.04%
	CSL	C	-0.04%
	STE	D	-0.04%
	NTRS	A	-0.04%
	IFF	D	-0.04%
	PKG	A	-0.04%
	WAT	C	-0.04%
	BLDR	D	-0.04%
	AEE	A	-0.04%
	ZBH	C	-0.04%
	ILMN	C	-0.04%
	VLTO	C	-0.04%
	LDOS	C	-0.04%
	PTC	B	-0.04%
	CINF	A	-0.04%
	WY	F	-0.04%
	EME	A	-0.04%
	EXPE	B	-0.04%
	SBAC	D	-0.04%
	EQT	B	-0.04%
	ADM	D	-0.04%
	BIIB	F	-0.04%
	HUBB	B	-0.04%
	CDW	F	-0.04%
	VTR	B	-0.04%
	USFD	A	-0.03%
	POOL	C	-0.03%
	SWKS	F	-0.03%
	EPAM	B	-0.03%
	CW	C	-0.03%
	CASY	A	-0.03%
	DOC	C	-0.03%
	DLTR	F	-0.03%
	ROL	B	-0.03%
	NI	A	-0.03%
	AVTR	F	-0.03%
	INCY	C	-0.03%
	EVRG	A	-0.03%
	PSTG	D	-0.03%
	AMCR	C	-0.03%
	SAIA	B	-0.03%
	EL	F	-0.03%
	EWBC	A	-0.03%
	RVTY	F	-0.03%
	ACM	B	-0.03%
	FIX	A	-0.03%
	LNT	A	-0.03%
	FFIV	B	-0.03%
	GGG	B	-0.03%
	EQH	C	-0.03%
	VTRS	A	-0.03%
	RGA	A	-0.03%
	APTV	F	-0.03%
	L	A	-0.03%
	EG	C	-0.03%
	JBHT	C	-0.03%
	FNF	B	-0.03%
	DPZ	C	-0.03%
	ALGN	D	-0.03%
	BAX	F	-0.03%
	TER	F	-0.03%
	DOCU	B	-0.03%
	AVY	F	-0.03%
	JBL	C	-0.03%
	VRSN	C	-0.03%
	CF	A	-0.03%
	KIM	A	-0.03%
	WSM	C	-0.03%
	MRO	B	-0.03%
	DG	F	-0.03%
	ARE	F	-0.03%
	RBA	A	-0.03%
	WSO	A	-0.03%
	TXT	D	-0.03%
	UTHR	C	-0.03%
	NRG	B	-0.03%
	THC	D	-0.03%
	XPO	B	-0.03%
	BURL	B	-0.03%
	IEX	C	-0.03%
	OC	A	-0.03%
	MANH	D	-0.03%
	TOL	B	-0.03%
	GEN	B	-0.03%
	GPC	D	-0.03%
	DGX	A	-0.03%
	PNR	A	-0.03%
	RS	B	-0.03%
	MAS	D	-0.03%
	LVS	B	-0.03%
	EXPD	C	-0.03%
	TRMB	B	-0.03%
	RPM	A	-0.03%
	MAA	B	-0.03%
	MOH	F	-0.03%
	PODD	C	-0.03%
	KEY	B	-0.03%
	J	D	-0.03%
	BBY	D	-0.03%
	LYV	A	-0.03%
	MKC	C	-0.03%
	TSN	B	-0.03%
	ULTA	F	-0.03%
	LUV	C	-0.03%
	FDS	B	-0.03%
	WRB	A	-0.03%
	IBKR	A	-0.03%
	PEN	B	-0.02%
	TREX	C	-0.02%
	FRT	B	-0.02%
	HAS	D	-0.02%
	CNH	C	-0.02%
	PLNT	A	-0.02%
	HII	F	-0.02%
	BWA	D	-0.02%
	SMCI	F	-0.02%
	SNV	C	-0.02%
	WMS	F	-0.02%
	MHK	D	-0.02%
	DVA	C	-0.02%
	RL	C	-0.02%
	LNW	F	-0.02%
	ENPH	F	-0.02%
	HRB	D	-0.02%
	OGE	A	-0.02%
	CR	A	-0.02%
	KBR	F	-0.02%
	RHI	C	-0.02%
	CHE	D	-0.02%
	WTRG	B	-0.02%
	BRX	A	-0.02%
	AR	B	-0.02%
	MTCH	D	-0.02%
	REXR	F	-0.02%
	HRL	D	-0.02%
	TFX	F	-0.02%
	CBSH	B	-0.02%
	GPK	C	-0.02%
	TTC	C	-0.02%
	AAL	B	-0.02%
	VOYA	B	-0.02%
	WAL	B	-0.02%
	GMED	A	-0.02%
	RRC	B	-0.02%
	AOS	F	-0.02%
	SNX	D	-0.02%
	RGLD	C	-0.02%
	MUSA	B	-0.02%
	AXTA	B	-0.02%
	MOS	F	-0.02%
	MORN	B	-0.02%
	PNFP	B	-0.02%
	RBC	A	-0.02%
	OHI	C	-0.02%
	HSIC	C	-0.02%
	WYNN	C	-0.02%
	GL	C	-0.02%
	AES	F	-0.02%
	FBIN	D	-0.02%
	WCC	B	-0.02%
	HLI	A	-0.02%
	DTM	A	-0.02%
	CPB	D	-0.02%
	SOLV	D	-0.02%
	ZION	B	-0.02%
	BRBR	A	-0.02%
	DCI	B	-0.02%
	KNX	C	-0.02%
	CHDN	B	-0.02%
	CMA	B	-0.02%
	AFG	A	-0.02%
	CRL	D	-0.02%
	ALLY	C	-0.02%
	FHN	A	-0.02%
	INGR	C	-0.02%
	CTLT	C	-0.02%
	WING	D	-0.02%
	WWD	C	-0.02%
	ARMK	B	-0.02%
	KNSL	B	-0.02%
	AYI	B	-0.02%
	SRPT	F	-0.02%
	MGM	D	-0.02%
	PRI	B	-0.02%
	TPX	B	-0.02%
	EHC	B	-0.02%
	ERIE	D	-0.02%
	MKTX	D	-0.02%
	EXP	B	-0.02%
	PNW	A	-0.02%
	ORI	A	-0.02%
	CACI	D	-0.02%
	PAYC	B	-0.02%
	LAD	A	-0.02%
	CIEN	C	-0.02%
	LKQ	F	-0.02%
	CUBE	C	-0.02%
	CCK	D	-0.02%
	FND	D	-0.02%
	WBS	A	-0.02%
	EXEL	B	-0.02%
	UHS	D	-0.02%
	CG	B	-0.02%
	EVR	B	-0.02%
	ATR	B	-0.02%
	LAMR	C	-0.02%
	BXP	C	-0.02%
	BJ	A	-0.02%
	AIZ	A	-0.02%
	OVV	B	-0.02%
	NCLH	B	-0.02%
	TTEK	F	-0.02%
	NWSA	A	-0.02%
	IPG	D	-0.02%
	DUOL	A	-0.02%
	TECH	F	-0.02%
	NBIX	C	-0.02%
	GNRC	C	-0.02%
	SJM	D	-0.02%
	WPC	C	-0.02%
	BWXT	B	-0.02%
	BLD	D	-0.02%
	DAY	B	-0.02%
	AMH	C	-0.02%
	NVT	B	-0.02%
	EMN	C	-0.02%
	LW	C	-0.02%
	TAP	C	-0.02%
	FOXA	A	-0.02%
	RRX	B	-0.02%
	SF	B	-0.02%
	COHR	B	-0.02%
	ALB	B	-0.02%
	HST	C	-0.02%
	REG	A	-0.02%
	CPT	B	-0.02%
	CLH	C	-0.02%
	JEF	A	-0.02%
	BMRN	F	-0.02%
	LECO	C	-0.02%
	SCI	B	-0.02%
	TPR	B	-0.02%
	JNPR	D	-0.02%
	ELS	C	-0.02%
	DKS	D	-0.02%
	ALLE	C	-0.02%
	GLPI	C	-0.02%
	DT	D	-0.02%
	KMX	B	-0.02%
	CHRW	B	-0.02%
	MRNA	F	-0.02%
	TXRH	B	-0.02%
	NDSN	B	-0.02%
	UNM	A	-0.02%
	JLL	D	-0.02%
	RNR	C	-0.02%
	JKHY	D	-0.02%
	BG	D	-0.02%
	CAG	F	-0.02%
	PFGC	B	-0.02%
	ITT	A	-0.02%
	AKAM	D	-0.02%
	UDR	B	-0.02%
	SWK	D	-0.02%
	BHF	C	-0.01%
	AAP	D	-0.01%
	AMKR	D	-0.01%
	ZI	D	-0.01%
	YETI	D	-0.01%
	SMG	C	-0.01%
	CC	C	-0.01%
	PENN	C	-0.01%
	TDC	D	-0.01%
	NVST	B	-0.01%
	NSA	C	-0.01%
	IAC	F	-0.01%
	WEN	D	-0.01%
	EPR	C	-0.01%
	PSN	D	-0.01%
	VAC	C	-0.01%
	HIW	C	-0.01%
	SAM	C	-0.01%
	NWL	C	-0.01%
	PK	C	-0.01%
	ACHC	F	-0.01%
	NEU	D	-0.01%
	MAN	F	-0.01%
	FHB	B	-0.01%
	MDU	D	-0.01%
	BRC	D	-0.01%
	PRGO	C	-0.01%
	PAG	B	-0.01%
	IRDM	D	-0.01%
	OGN	F	-0.01%
	GTES	A	-0.01%
	NWS	A	-0.01%
	XRAY	F	-0.01%
	PII	F	-0.01%
	ROIV	C	-0.01%
	MSGS	A	-0.01%
	FHI	B	-0.01%
	FLO	D	-0.01%
	MSM	C	-0.01%
	KRC	B	-0.01%
	CELH	F	-0.01%
	KMPR	A	-0.01%
	HOG	D	-0.01%
	RYN	D	-0.01%
	DXC	B	-0.01%
	INSP	D	-0.01%
	CHH	A	-0.01%
	ASH	F	-0.01%
	WU	F	-0.01%
	WLK	D	-0.01%
	SLGN	A	-0.01%
	CIVI	D	-0.01%
	DLB	B	-0.01%
	CHWY	B	-0.01%
	AM	A	-0.01%
	AN	C	-0.01%
	CUZ	B	-0.01%
	GAP	C	-0.01%
	WMG	D	-0.01%
	TNL	A	-0.01%
	APPF	B	-0.01%
	M	F	-0.01%
	UGI	C	-0.01%
	FIVE	F	-0.01%
	LOPE	C	-0.01%
	ST	F	-0.01%
	AGO	B	-0.01%
	RH	C	-0.01%
	AL	B	-0.01%
	OLLI	D	-0.01%
	OLN	F	-0.01%
	TKR	D	-0.01%
	KD	B	-0.01%
	CNM	D	-0.01%
	SON	F	-0.01%
	HXL	F	-0.01%
	AVT	C	-0.01%
	EEFT	B	-0.01%
	NFG	A	-0.01%
	NXST	C	-0.01%
	COKE	C	-0.01%
	VMI	B	-0.01%
	SLM	A	-0.01%
	LEA	F	-0.01%
	POST	C	-0.01%
	PARA	C	-0.01%
	FNB	A	-0.01%
	BRKR	D	-0.01%
	SEE	C	-0.01%
	BC	C	-0.01%
	VNT	C	-0.01%
	TKO	A	-0.01%
	AGCO	D	-0.01%
	CLF	F	-0.01%
	OZK	B	-0.01%
	IDA	A	-0.01%
	PR	B	-0.01%
	BYD	B	-0.01%
	THG	A	-0.01%
	MSA	F	-0.01%
	VVV	D	-0.01%
	THO	B	-0.01%
	CRUS	D	-0.01%
	BEN	C	-0.01%
	COLB	B	-0.01%
	WFRD	D	-0.01%
	STWD	C	-0.01%
	MKSI	C	-0.01%
	LNC	C	-0.01%
	DOCS	C	-0.01%
	ETSY	D	-0.01%
	WHR	B	-0.01%
	PVH	C	-0.01%
	AMG	B	-0.01%
	MTSI	B	-0.01%
	FCN	F	-0.01%
	WBA	F	-0.01%
	NOV	C	-0.01%
	MTDR	B	-0.01%
	DINO	D	-0.01%
	QRVO	F	-0.01%
	LITE	B	-0.01%
	ARW	D	-0.01%
	GME	C	-0.01%
	LFUS	D	-0.01%
	VFC	C	-0.01%
	STAG	D	-0.01%
	CROX	D	-0.01%
	BIO	C	-0.01%
	ALK	B	-0.01%
	FOX	A	-0.01%
	MAT	D	-0.01%
	RGEN	D	-0.01%
	VNO	C	-0.01%
	DAR	C	-0.01%
	ELF	C	-0.01%
	AWI	A	-0.01%
	MTG	C	-0.01%
	LSCC	D	-0.01%
	IVZ	B	-0.01%
	FAF	A	-0.01%
	JHG	B	-0.01%
	FR	D	-0.01%
	MTN	C	-0.01%
	AA	A	-0.01%
	EGP	D	-0.01%
	FMC	D	-0.01%
	GXO	B	-0.01%
	SAIC	F	-0.01%
	JAZZ	B	-0.01%
	LSTR	D	-0.01%
	ESAB	C	-0.01%
	CGNX	D	-0.01%
	KEX	B	-0.01%
	RYAN	A	-0.01%
	H	B	-0.01%
	WTFC	A	-0.01%
	OLED	F	-0.01%
	RLI	A	-0.01%
	ATI	C	-0.01%
	LPX	B	-0.01%
	R	B	-0.01%
	NNN	C	-0.01%
	BBWI	C	-0.01%
	CE	F	-0.01%
	GNTX	C	-0.01%
	MASI	B	-0.01%
	PB	B	-0.01%
	ONTO	F	-0.01%
	DBX	B	-0.01%
	OSK	C	-0.01%
	ADC	A	-0.01%
	ALV	C	-0.01%
	SSD	F	-0.01%
	AAON	B	-0.01%
	G	B	-0.01%
	FYBR	C	-0.01%
	MIDD	C	-0.01%
	X	B	-0.01%
	SKX	D	-0.01%
	NYT	D	-0.01%
	MTZ	B	-0.01%
	MEDP	D	-0.01%
	APA	D	-0.01%
	BERY	C	-0.01%
	PCTY	C	-0.01%
	FLS	B	-0.01%
	WH	B	-0.01%
	WEX	D	-0.01%
	CZR	F	-0.01%
	CHRD	D	-0.01%
	CFR	B	-0.01%
	SEIC	B	-0.01%
	BMTX	B	-0.0%
	SRCL	B	-0.0%
	GES	F	-0.0%
	TR	B	-0.0%
	EZPW	B	-0.0%
	SEDG	F	-0.0%
	WOLF	F	-0.0%
	CWEN	C	-0.0%
	CERT	F	-0.0%
	SNDR	B	-0.0%
	VIRT	A	-0.0%
	ALGM	D	-0.0%
	GO	C	-0.0%
	TRIP	F	-0.0%
	SHC	F	-0.0%
	MP	C	-0.0%
	LEG	F	-0.0%
	ENOV	C	-0.0%
	CNXC	F	-0.0%
	UA	C	-0.0%
	RCM	A	-0.0%
	VSTS	C	-0.0%
	FTRE	D	-0.0%
	UAA	C	-0.0%
	HAYW	B	-0.0%
	CAR	C	-0.0%
	KSS	F	-0.0%
	CWEN	C	-0.0%
	COTY	F	-0.0%
	CRI	F	-0.0%
	MPW	F	-0.0%
	CPRI	F	-0.0%
	JWN	D	-0.0%
	PPC	C	-0.0%
	DV	C	-0.0%
	IPGP	D	-0.0%
	AZTA	D	-0.0%
	COLM	C	-0.0%
	CXT	C	-0.0%
	AMED	F	-0.0%
	PINC	B	-0.0%

HDG: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Software - Application Medical Devices Software - Infrastructure REIT - Diversified Diversified Industrials Business Services Oil & Gas E&P Oil & Gas Equipment & Services Specialty Chemicals Specialty Retail Asset Management Electronic Components Medical Instruments & Supplies Savings & Cooperative Banks Insurance - Property & Casualty Restaurants Aerospace & Defense Conglomerates

Keywords: Bank Banking Medicine Deposit Products Biopharmaceutical Biotechnology Real Estate Investment Trust Cancer Real Estate Loans Computing Commercial Banking Clinical Medicine Natural Gas Insurance Mortgage Loan Loan Life Sciences Construction Mining Telecommunications

SPTM: Top Represented Industries & Keywords

Industries: Banks - Regional - US Diversified Industrials Software - Application Biotechnology Asset Management Business Services Oil & Gas E&P Semiconductors Specialty Chemicals Packaged Foods REIT - Diversified Specialty Retail Diagnostics & Research Utilities - Regulated Electric Insurance - Property & Casualty Medical Devices REIT - Retail Building Materials Capital Markets Medical Instruments & Supplies

Keywords: S&P 500 Bank Nasdaq 100 Banking Natural Gas Real Estate Investment Trust Computing Insurance Chemical Medicine Aerospace Electronics Mining Semiconductor Electricity Deposit Products Telecommunications Transport Commercial Banking Clothing