HKND vs. AVUV ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Avantis U.S. Small Cap Value ETF (AVUV)

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

$32.14

Average Daily Volume

787

Number of Holdings ^*

963

* may have additional holdings in another (foreign) market

AVUV

Avantis U.S. Small Cap Value ETF

AVUV Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of U.S. small cap companies across market sectors and industry groups. Under normal market conditions, it will invest at least 80% of its assets in securities of small capitalization companies located in the United States. The fund also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$96.04

Average Daily Volume

743,586

Number of Holdings ^*

732

* may have additional holdings in another (foreign) market

Performance

Period	HKND	AVUV
30 Days	3.46%	7.20%
60 Days	3.19%	3.21%
90 Days	5.05%	5.70%
12 Months	13.32%	17.06%

141 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in AVUV	Overlap
AAP	D	0.02%	0.2%	0.02%
ABCB	C	0.01%	0.26%	0.01%
ACT	B	0.01%	0.13%	0.01%
AEO	D	0.01%	0.67%	0.01%
AMKR	F	0.03%	0.13%	0.03%
AMPH	C	0.01%	0.2%	0.01%
ANET	C	0.02%	0.06%	0.02%
ANF	D	0.01%	0.58%	0.01%
ANIP	B	0.01%	0.03%	0.01%
ARCT	F	0.0%	0.01%	0.0%
ASB	C	0.01%	0.28%	0.01%
ASH	D	0.01%	0.07%	0.01%
ASIX	C	0.01%	0.11%	0.01%
AVT	D	0.02%	0.29%	0.02%
BCC	C	0.01%	0.84%	0.01%
BGS	D	0.01%	0.09%	0.01%
BHE	B	0.01%	0.19%	0.01%
BHF	B	0.02%	0.45%	0.02%
BKD	B	0.02%	0.15%	0.02%
BKU	B	0.01%	0.35%	0.01%
BXC	C	0.01%	0.21%	0.01%
BZH	B	0.01%	0.02%	0.01%
CABO	C	0.01%	0.07%	0.01%
CADE	C	0.01%	0.06%	0.01%
CATY	C	0.0%	0.38%	0.0%
CBT	C	0.0%	0.72%	0.0%
CC	F	0.01%	0.28%	0.01%
CCRN	C	0.01%	0.08%	0.01%
CCS	B	0.02%	0.03%	0.02%
CENTA	D	0.02%	0.23%	0.02%
CMA	B	0.02%	0.02%	0.02%
CMC	B	0.01%	0.25%	0.01%
CNO	B	0.01%	0.47%	0.01%
CNXN	A	0.03%	0.12%	0.03%
COLB	C	0.0%	0.31%	0.0%
CVCO	B	0.01%	0.21%	0.01%
DFH	D	0.01%	0.04%	0.01%
DIOD	C	0.01%	0.34%	0.01%
DXC	C	0.08%	0.57%	0.08%
ENS	B	0.01%	0.27%	0.01%
FDP	B	0.47%	0.1%	0.1%
FG	C	0.01%	0.04%	0.01%
FL	B	0.01%	0.08%	0.01%
FNB	B	0.01%	0.34%	0.01%
FULT	C	0.01%	0.41%	0.01%
FYBR	A	0.04%	0.3%	0.04%
GIC	C	0.0%	0.01%	0.0%
GMS	C	0.01%	0.1%	0.01%
GNW	B	0.03%	0.28%	0.03%
GPS	D	0.02%	0.14%	0.02%
GRBK	B	0.01%	0.27%	0.01%
GT	F	0.01%	0.66%	0.01%
HHH	C	0.01%	0.13%	0.01%
HMN	C	0.01%	0.0%	0.0%
HOV	C	0.01%	0.17%	0.01%
HRMY	C	0.01%	0.16%	0.01%
HTH	C	0.01%	0.08%	0.01%
HWC	C	0.01%	0.54%	0.01%
HWKN	A	0.03%	0.24%	0.03%
INVA	A	0.01%	0.06%	0.01%
IRDM	C	0.03%	0.07%	0.03%
JBSS	B	0.01%	0.07%	0.01%
JXN	B	0.03%	0.85%	0.03%
KBH	B	0.03%	0.8%	0.03%
KD	C	0.07%	0.04%	0.04%
KE	C	0.01%	0.04%	0.01%
KELYA	C	0.02%	0.1%	0.02%
KFRC	C	0.01%	0.01%	0.01%
KFY	B	0.01%	0.13%	0.01%
KLG	D	0.04%	0.14%	0.04%
KNF	C	0.01%	0.0%	0.0%
LCII	C	0.01%	0.34%	0.01%
LNN	B	0.04%	0.01%	0.01%
LNTH	C	0.04%	0.01%	0.01%
LXU	B	0.07%	0.08%	0.07%
MCY	A	0.02%	0.01%	0.01%
MHO	B	0.02%	0.72%	0.02%
MLI	B	0.0%	0.79%	0.0%
MMI	B	0.0%	0.04%	0.0%
MTG	B	0.01%	0.44%	0.01%
MTH	B	0.03%	0.58%	0.03%
NX	C	0.01%	0.17%	0.01%
OMF	C	0.02%	0.18%	0.02%
ONB	B	0.01%	0.46%	0.01%
OPEN	D	0.02%	0.28%	0.02%
OZK	C	0.01%	0.51%	0.01%
PDCO	C	0.01%	0.15%	0.01%
PFSI	C	0.02%	0.23%	0.02%
PII	D	0.01%	0.27%	0.01%
PINC	B	0.01%	0.28%	0.01%
PLAB	F	0.0%	0.31%	0.0%
PLUS	B	0.01%	0.3%	0.01%
PLXS	B	0.02%	0.1%	0.02%
PRG	B	0.01%	0.14%	0.01%
R	B	0.02%	0.73%	0.02%
RDN	B	0.01%	0.72%	0.01%
SAFT	B	0.0%	0.03%	0.0%
SANM	B	0.03%	0.44%	0.03%
SATS	B	0.01%	0.34%	0.01%
SCHL	F	0.0%	0.1%	0.0%
SCSC	C	0.04%	0.18%	0.04%
SF	B	0.02%	0.06%	0.02%
SFM	A	0.0%	0.49%	0.0%
SFNC	C	0.01%	0.04%	0.01%
SIGA	C	0.01%	0.06%	0.01%
SKY	C	0.01%	0.03%	0.01%
SNEX	B	0.03%	0.3%	0.03%
SNV	B	0.01%	0.36%	0.01%
SONO	F	0.0%	0.01%	0.0%
SPTN	B	0.01%	0.1%	0.01%
SUPN	C	0.02%	0.11%	0.02%
TCBI	C	0.01%	0.28%	0.01%
TDS	B	0.03%	0.39%	0.03%
TEX	C	0.01%	0.63%	0.01%
THO	C	0.01%	0.55%	0.01%
TMHC	B	0.04%	0.65%	0.04%
TNC	C	0.01%	0.08%	0.01%
TPH	C	0.02%	0.55%	0.02%
TTMI	C	0.01%	0.23%	0.01%
TWI	C	0.03%	0.06%	0.03%
TYRA	B	0.0%	0.01%	0.0%
UCBI	B	0.0%	0.03%	0.0%
UCTT	D	0.01%	0.01%	0.01%
UFPI	B	0.01%	0.08%	0.01%
UMBF	B	0.01%	0.49%	0.01%
UNFI	C	0.04%	0.13%	0.04%
URBN	C	0.01%	0.57%	0.01%
USM	B	0.03%	0.14%	0.03%
UVE	C	0.0%	0.06%	0.0%
VLY	C	0.01%	0.3%	0.01%
VSAT	C	0.01%	0.04%	0.01%
VSH	C	0.01%	0.55%	0.01%
WAFD	B	0.0%	0.3%	0.0%
WAL	C	0.01%	0.12%	0.01%
WD	C	0.01%	0.3%	0.01%
WGO	C	0.01%	0.22%	0.01%
WSFS	C	0.0%	0.32%	0.0%
WTFC	C	0.01%	0.22%	0.01%
WTM	C	0.0%	0.18%	0.0%
ZEUS	D	0.0%	0.09%	0.0%
ZION	C	0.02%	0.09%	0.02%

HKND Overweight 822 Positions Relative to AVUV

Symbol	Grade	Weight
PG	B	3.93%
GOOGL	D	3.74%
AAPL	C	2.5%
MSFT	D	2.35%
LLY	D	2.2%
JNJ	B	2.14%
ABBV	A	2.07%
DE	F	1.81%
MRK	F	1.69%
MOS	D	1.66%
PFE	B	1.64%
ADM	D	1.6%
INTC	F	1.47%
CL	A	1.36%
CTVA	C	1.32%
AMGN	B	1.13%
BDX	C	1.12%
WMT	B	1.09%
CI	C	1.08%
ABT	B	1.08%
SYK	D	1.05%
HCA	A	1.01%
UNH	A	1.01%
BG	C	1.0%
BMY	B	0.92%
ECL	B	0.91%
HPQ	C	0.91%
GEHC	B	0.91%
CF	D	0.9%
TMO	A	0.86%
T	A	0.86%
VZ	C	0.85%
BAX	C	0.8%
GILD	B	0.78%
DELL	D	0.7%
JPM	B	0.7%
BSX	D	0.69%
FMC	B	0.69%
REGN	A	0.68%
VRTX	A	0.67%
CMCSA	C	0.64%
DGX	A	0.61%
DHR	A	0.59%
AGCO	F	0.59%
AMZN	D	0.56%
BAC	C	0.54%
IQV	B	0.51%
SJM	B	0.5%
MCK	A	0.5%
CVS	C	0.47%
INGR	A	0.47%
ZBH	C	0.43%
WFC	C	0.4%
C	B	0.4%
ELV	C	0.4%
TMUS	A	0.39%
AWK	A	0.38%
HD	C	0.37%
PEP	B	0.37%
MS	B	0.36%
THC	B	0.36%
ISRG	B	0.35%
VLTO	A	0.35%
KVUE	D	0.35%
GS	B	0.35%
CAG	A	0.33%
CHD	D	0.32%
HUM	D	0.31%
J	B	0.31%
DD	A	0.3%
MRNA	F	0.3%
BIIB	F	0.3%
CNC	B	0.3%
MDLZ	C	0.29%
CAH	B	0.29%
HOLX	A	0.28%
BBY	C	0.28%
IBM	B	0.27%
SPB	D	0.26%
GIS	B	0.26%
FELE	B	0.26%
VTRS	B	0.25%
UHS	A	0.24%
K	A	0.24%
LOW	B	0.23%
HPE	D	0.22%
PGR	B	0.21%
KR	B	0.21%
CLX	D	0.21%
CHTR	B	0.21%
AIG	C	0.21%
AXP	A	0.2%
EW	F	0.2%
ALL	A	0.2%
DOW	F	0.19%
TSLA	C	0.19%
MET	B	0.19%
RUN	B	0.19%
TFX	B	0.18%
DHI	B	0.18%
RMD	B	0.18%
ORCL	B	0.18%
WBA	F	0.17%
PRU	B	0.17%
DIS	D	0.17%
FSLR	D	0.17%
CSCO	C	0.16%
COF	B	0.16%
ZWS	C	0.15%
TRV	B	0.15%
CTLT	A	0.15%
ALNY	A	0.15%
AMAT	D	0.15%
AVTR	B	0.14%
ENOV	C	0.14%
ENPH	F	0.14%
V	D	0.14%
QCOM	D	0.14%
SOLV	B	0.14%
LEN	B	0.14%
AHCO	C	0.13%
DVA	D	0.13%
MMC	A	0.13%
A	B	0.13%
USB	B	0.13%
JBL	F	0.12%
CBRE	A	0.12%
AVGO	D	0.12%
LUMN	B	0.12%
HSIC	B	0.12%
COST	D	0.11%
IART	F	0.11%
TFC	B	0.11%
INCY	C	0.11%
AIZ	B	0.11%
NVDA	D	0.11%
PNC	B	0.11%
FTRE	C	0.11%
RPRX	C	0.11%
GLW	C	0.11%
OGN	B	0.11%
SEM	B	0.11%
MU	D	0.11%
TGT	C	0.11%
BK	A	0.11%
DXCM	F	0.11%
ICUI	B	0.11%
CRL	B	0.1%
HIG	A	0.1%
TXN	C	0.1%
LRCX	F	0.1%
ILMN	B	0.1%
BLK	A	0.1%
MA	C	0.1%
KMB	B	0.1%
BMRN	C	0.1%
CTSH	B	0.09%
AFL	A	0.09%
WTRG	A	0.09%
UTHR	B	0.09%
STT	B	0.09%
WDC	F	0.09%
BIO	B	0.09%
MAN	B	0.09%
DFS	C	0.08%
CWT	A	0.08%
ACM	B	0.08%
SYF	C	0.08%
ALG	C	0.08%
CPB	A	0.08%
TITN	D	0.08%
MTD	A	0.08%
NFLX	D	0.08%
CDW	D	0.08%
EMBC	C	0.08%
POST	A	0.08%
NBIX	A	0.08%
FLO	C	0.08%
RDNT	C	0.08%
SYY	B	0.07%
TJX	A	0.07%
CRM	C	0.07%
PHM	B	0.07%
MMSI	B	0.07%
PYPL	C	0.07%
UAN	D	0.07%
EQR	A	0.07%
AMP	D	0.07%
MOH	C	0.07%
FNF	A	0.07%
ACI	F	0.07%
SRPT	C	0.07%
ITGR	C	0.07%
MASI	F	0.07%
EHC	A	0.07%
L	B	0.06%
ALLY	B	0.06%
KLAC	D	0.06%
BKNG	D	0.06%
MMM	A	0.06%
ADBE	B	0.06%
VTR	A	0.06%
WAT	B	0.06%
AMD	F	0.06%
HSY	B	0.06%
BERY	B	0.06%
INSM	B	0.06%
IFF	A	0.06%
HAE	C	0.06%
SCHW	F	0.06%
RGA	A	0.06%
TECH	B	0.06%
AVB	A	0.06%
WBD	D	0.06%
FOX	A	0.06%
GMED	B	0.06%
ADP	A	0.06%
PODD	B	0.06%
MKC	B	0.05%
WHR	C	0.05%
INVH	B	0.05%
SQ	F	0.05%
MAA	A	0.05%
OMC	B	0.05%
RJF	F	0.05%
SHW	A	0.05%
NOVT	C	0.05%
MKL	C	0.05%
NVR	A	0.05%
CMI	B	0.05%
BRKR	D	0.05%
GWW	C	0.05%
GXO	C	0.05%
TTC	C	0.05%
SUI	A	0.05%
LNC	B	0.05%
WST	F	0.05%
EXEL	A	0.05%
MAR	F	0.05%
SMG	B	0.05%
JLL	B	0.05%
EQH	B	0.05%
WM	C	0.05%
EBAY	A	0.05%
WLK	D	0.05%
IONS	B	0.05%
OPK	C	0.05%
SJW	B	0.05%
PFG	C	0.05%
CRBG	D	0.05%
SNX	D	0.05%
AVNS	B	0.05%
CNMD	F	0.05%
HUN	D	0.04%
IVZ	B	0.04%
VKTX	D	0.04%
RF	B	0.04%
RKT	C	0.04%
MTB	B	0.04%
ROKU	D	0.04%
RSG	B	0.04%
GME	D	0.04%
KEY	C	0.04%
HALO	B	0.04%
ORI	A	0.04%
PCVX	C	0.04%
BPMC	C	0.04%
BEN	D	0.04%
AMT	A	0.04%
NTRS	B	0.04%
CR	B	0.04%
SMMT	B	0.04%
CTAS	A	0.04%
OPCH	C	0.04%
SWK	B	0.04%
ORLY	A	0.04%
TROW	D	0.04%
CHWY	D	0.04%
EXPE	D	0.04%
CINF	A	0.04%
ADI	D	0.04%
SGRY	B	0.04%
PEN	F	0.04%
AZO	B	0.04%
ESS	A	0.04%
AJG	A	0.04%
CFG	B	0.04%
ITCI	B	0.04%
WRB	B	0.04%
GPC	B	0.04%
TOL	B	0.04%
OMI	C	0.04%
MEDP	D	0.04%
AYI	D	0.04%
NTAP	C	0.04%
AWR	B	0.04%
APH	D	0.04%
FAF	B	0.04%
FITB	B	0.04%
JEF	B	0.04%
REZI	C	0.03%
MDGL	C	0.03%
ARW	C	0.03%
RHI	F	0.03%
MMS	B	0.03%
ITW	C	0.03%
MCO	A	0.03%
FAST	C	0.03%
ROST	D	0.03%
AMED	A	0.03%
UPS	F	0.03%
LYV	C	0.03%
KRYS	C	0.03%
APO	C	0.03%
SWKS	C	0.03%
SPG	B	0.03%
AZTA	B	0.03%
EL	F	0.03%
ENR	C	0.03%
INTU	B	0.03%
ON	D	0.03%
PLD	B	0.03%
ABM	A	0.03%
DAR	C	0.03%
MIDD	B	0.03%
HBAN	B	0.03%
RS	C	0.03%
CG	B	0.03%
NSP	C	0.03%
MD	C	0.03%
NEO	B	0.03%
AMH	C	0.03%
CERE	A	0.03%
CPT	A	0.03%
ENSG	B	0.03%
CYTK	D	0.03%
NWS	C	0.03%
IT	A	0.03%
AFG	B	0.03%
AMRX	C	0.03%
OFIX	C	0.03%
ELS	A	0.03%
LKQ	F	0.03%
PPG	F	0.03%
GPN	D	0.03%
LPLA	F	0.03%
FIS	D	0.03%
ZBRA	B	0.03%
TNDM	D	0.03%
SPGI	A	0.03%
FLGT	C	0.03%
IPG	B	0.03%
UDR	B	0.03%
EMR	B	0.03%
WMG	F	0.03%
RVMD	B	0.03%
LBRDA	B	0.03%
ICE	A	0.03%
KDP	A	0.03%
UNM	A	0.03%
SIRI	D	0.03%
EXAS	C	0.03%
PH	B	0.03%
TWST	C	0.02%
IOVA	D	0.02%
MYGN	B	0.02%
FDX	B	0.02%
EPAM	C	0.02%
EME	D	0.02%
GL	C	0.02%
VIR	D	0.02%
NVAX	D	0.02%
COMP	C	0.02%
NARI	D	0.02%
UFPT	A	0.02%
XRAY	C	0.02%
BCO	B	0.02%
RNA	C	0.02%
MSEX	B	0.02%
PTCT	D	0.02%
TSCO	D	0.02%
ALIT	D	0.02%
SNPS	F	0.02%
STC	C	0.02%
IDXX	D	0.02%
ATRC	D	0.02%
OTIS	D	0.02%
EVR	B	0.02%
FCN	C	0.02%
EFX	A	0.02%
NATL	C	0.02%
LECO	C	0.02%
AXSM	B	0.02%
AMN	B	0.02%
GKOS	C	0.02%
FOLD	C	0.02%
BLDR	C	0.02%
BR	A	0.02%
ARWR	D	0.02%
CRNX	B	0.02%
SRCL	A	0.02%
PWR	D	0.02%
DLR	B	0.02%
APD	C	0.02%
DOX	B	0.02%
ADTN	B	0.02%
COOP	C	0.02%
CNXC	C	0.02%
MAS	B	0.02%
TPG	B	0.02%
RARE	C	0.02%
AGL	D	0.02%
NDAQ	B	0.02%
CCI	A	0.02%
ROK	D	0.02%
CORT	B	0.02%
XRX	F	0.02%
ZG	D	0.02%
ENTG	F	0.02%
PAYX	A	0.02%
BBIO	F	0.02%
SMCI	D	0.02%
EA	B	0.02%
BRO	A	0.02%
THG	A	0.02%
WMS	C	0.02%
NOW	B	0.02%
NUVL	C	0.02%
EQIX	B	0.02%
DKS	D	0.02%
CME	F	0.02%
HLT	C	0.02%
ADV	B	0.02%
JJSF	B	0.02%
APLS	F	0.02%
ACAD	C	0.02%
WTS	B	0.02%
TNET	D	0.02%
THS	B	0.02%
SSNC	A	0.02%
GH	B	0.02%
CHE	B	0.02%
WELL	A	0.02%
GFS	D	0.02%
WSO	C	0.02%
MCHP	F	0.02%
WU	D	0.02%
UNP	B	0.02%
KMPR	B	0.02%
MSI	A	0.02%
LILAK	B	0.02%
CSL	C	0.02%
VOYA	F	0.02%
DORM	B	0.01%
NRIX	C	0.01%
MODG	C	0.01%
TDOC	F	0.01%
PGNY	D	0.01%
GTES	B	0.01%
RLAY	D	0.01%
BBSI	A	0.01%
FLS	B	0.01%
APAM	C	0.01%
FOUR	F	0.01%
EXR	B	0.01%
SAGE	F	0.01%
FIX	C	0.01%
HZO	C	0.01%
VEEV	C	0.01%
ANAB	C	0.01%
RGNX	D	0.01%
MTN	D	0.01%
WH	C	0.01%
MPWR	C	0.01%
ELVN	C	0.01%
SIBN	D	0.01%
MAT	B	0.01%
UBSI	B	0.01%
REG	A	0.01%
DBX	D	0.01%
VZIO	B	0.01%
YORW	A	0.01%
PRLB	C	0.01%
OCUL	C	0.01%
BRX	B	0.01%
ALB	F	0.01%
SSYS	F	0.01%
KIDS	C	0.01%
ANSS	F	0.01%
RLI	A	0.01%
NYT	B	0.01%
SNA	B	0.01%
UI	B	0.01%
PJT	B	0.01%
FDS	F	0.01%
PNTG	B	0.01%
PAYC	C	0.01%
VNT	F	0.01%
DNA	F	0.01%
IPGP	F	0.01%
GSAT	D	0.01%
DAWN	C	0.01%
MGNX	F	0.01%
HAS	B	0.01%
KURA	D	0.01%
NGVT	F	0.01%
SYNA	F	0.01%
CRSR	F	0.01%
LBPH	C	0.01%
SANA	F	0.01%
WPC	C	0.01%
HGV	D	0.01%
APG	D	0.01%
FND	F	0.01%
FICO	B	0.01%
MDXG	D	0.01%
PB	B	0.01%
TYL	B	0.01%
TDC	F	0.01%
IMVT	C	0.01%
ARDX	F	0.01%
MC	C	0.01%
SSB	B	0.01%
LFUS	B	0.01%
CNM	C	0.01%
IDT	C	0.01%
SILK	A	0.01%
ACIW	B	0.01%
TVTX	C	0.01%
CRUS	C	0.01%
BCRX	C	0.01%
KWR	C	0.01%
XYL	D	0.01%
JKHY	B	0.01%
TRUP	B	0.01%
SITE	C	0.01%
VRSN	C	0.01%
MSM	C	0.01%
RXRX	F	0.01%
HURN	A	0.01%
CSX	B	0.01%
TMCI	D	0.01%
WBS	C	0.01%
CSTL	C	0.01%
CBSH	B	0.01%
IOSP	C	0.01%
MNKD	C	0.01%
IAC	C	0.01%
EXLS	C	0.01%
LAMR	B	0.01%
XNCR	F	0.01%
MTCH	B	0.01%
SBAC	B	0.01%
PNFP	B	0.01%
PCRX	F	0.01%
CFR	C	0.01%
SBH	D	0.01%
HUBB	C	0.01%
UHAL	B	0.01%
AXNX	A	0.01%
FHI	C	0.01%
IR	C	0.01%
RYAN	A	0.01%
KEYS	F	0.01%
AXTA	A	0.01%
IRT	A	0.01%
BECN	B	0.01%
PSTG	D	0.01%
CACC	D	0.01%
CDNS	F	0.01%
LANC	B	0.01%
RCM	B	0.01%
VRT	D	0.01%
BRC	A	0.01%
CRVL	B	0.01%
FTV	F	0.01%
SXT	C	0.01%
AKRO	C	0.01%
PIPR	B	0.01%
HLI	B	0.01%
TGNA	C	0.01%
LGF.A	D	0.01%
AOS	C	0.01%
ACHC	D	0.01%
ARE	D	0.01%
MIRM	C	0.01%
DOC	A	0.01%
KROS	C	0.01%
MORN	B	0.01%
EWTX	C	0.01%
MSCI	B	0.01%
NMRK	B	0.01%
NVST	F	0.01%
ICFI	B	0.01%
TTWO	F	0.01%
PTGX	C	0.01%
STGW	D	0.01%
UNF	A	0.01%
ARVN	D	0.01%
VERA	C	0.01%
TRMB	F	0.01%
VAC	F	0.01%
FNA	D	0.01%
RGEN	B	0.01%
TNL	C	0.01%
EXPI	C	0.01%
LMAT	B	0.01%
KEX	C	0.01%
AIV	A	0.01%
EVH	C	0.01%
CPRX	B	0.01%
BGC	C	0.01%
COIN	C	0.01%
SEIC	B	0.01%
KIM	A	0.01%
VNO	B	0.01%
NTLA	D	0.01%
O	A	0.01%
FFIV	B	0.01%
BOKF	C	0.01%
COLL	B	0.01%
CSGP	C	0.01%
RCKT	D	0.01%
EMN	B	0.01%
BEAM	C	0.01%
SNDX	C	0.01%
HRB	A	0.01%
RRX	B	0.01%
GNRC	C	0.01%
ADUS	A	0.01%
CGON	D	0.01%
CIEN	B	0.01%
BBWI	F	0.01%
DVAX	F	0.01%
AME	D	0.01%
PBH	B	0.01%
INSP	F	0.01%
IRM	A	0.01%
JANX	D	0.01%
BC	C	0.01%
CE	F	0.01%
ADMA	C	0.01%
EEFT	F	0.01%
ADSK	C	0.01%
GERN	B	0.01%
ASGN	D	0.01%
H	C	0.01%
ASTH	B	0.01%
ABNB	F	0.01%
IRWD	D	0.01%
NTRA	D	0.01%
WDAY	D	0.01%
KO	A	0.01%
ERIE	A	0.01%
EWBC	C	0.01%
AGIO	C	0.01%
MRVI	B	0.01%
CNDT	B	0.01%
SWTX	F	0.01%
MRVL	F	0.01%
LGIH	B	0.01%
CLH	A	0.01%
DOV	C	0.01%
ESI	C	0.01%
TRU	B	0.01%
FTNT	F	0.01%
ACLX	C	0.01%
AIT	C	0.01%
COHR	C	0.01%
QRVO	C	0.01%
FCNCA	B	0.01%
ATEC	F	0.01%
NWL	B	0.01%
ESAB	C	0.01%
WCC	F	0.01%
UTZ	D	0.01%
SEE	B	0.01%
ULTA	F	0.01%
SIGI	D	0.01%
VCEL	C	0.01%
NXST	B	0.01%
AMRK	C	0.01%
PSA	B	0.01%
UWMC	B	0.01%
LGND	B	0.01%
RYTM	C	0.01%
BURL	B	0.01%
ARES	B	0.01%
TER	D	0.01%
ATR	A	0.01%
MORF	B	0.01%
NSIT	C	0.01%
AMG	B	0.01%
PANW	C	0.01%
KYMR	B	0.01%
ALGN	F	0.01%
CLDX	C	0.01%
HST	F	0.01%
GDDY	C	0.01%
EDR	A	0.01%
URI	C	0.01%
DYN	C	0.01%
TGTX	C	0.01%
IBKR	D	0.01%
AKAM	C	0.01%
TXG	F	0.01%
ROP	D	0.01%
VRSK	C	0.01%
HAIN	C	0.01%
TTEK	A	0.01%
SMPL	F	0.01%
DNLI	C	0.01%
NHC	B	0.01%
IDYA	B	0.01%
BXP	B	0.01%
PRVA	B	0.01%
JNPR	A	0.01%
FHN	C	0.01%
SCI	B	0.01%
AVTE	F	0.0%
HLVX	F	0.0%
SCLX	D	0.0%
VIRT	C	0.0%
CABA	F	0.0%
ZNTL	F	0.0%
OABI	D	0.0%
ALXO	F	0.0%
LYEL	F	0.0%
QTRX	D	0.0%
ALT	F	0.0%
PRME	F	0.0%
OSCR	C	0.0%
BLFS	B	0.0%
FIVE	F	0.0%
ABSI	C	0.0%
ABUS	B	0.0%
SAVA	C	0.0%
EYPT	F	0.0%
PHAT	C	0.0%
ALGM	F	0.0%
CTKB	D	0.0%
CELC	C	0.0%
STOK	B	0.0%
NDSN	C	0.0%
APLT	B	0.0%
SVRA	B	0.0%
PLAY	F	0.0%
ORIC	C	0.0%
FORM	D	0.0%
TW	A	0.0%
YMAB	D	0.0%
BSY	F	0.0%
ITRI	C	0.0%
MLYS	C	0.0%
MSGS	B	0.0%
NUVB	B	0.0%
PLRX	C	0.0%
MNMD	C	0.0%
TTD	D	0.0%
CRAI	C	0.0%
PCTY	C	0.0%
LFST	C	0.0%
GGG	C	0.0%
DFIN	C	0.0%
HSII	B	0.0%
CNS	B	0.0%
AEIS	C	0.0%
REYN	C	0.0%
ALEC	D	0.0%
OLMA	B	0.0%
LQDA	D	0.0%
COGT	B	0.0%
CHH	B	0.0%
EOLS	B	0.0%
ETNB	C	0.0%
RCUS	D	0.0%
NVEE	C	0.0%
ARQT	C	0.0%
TRIP	F	0.0%
ITT	B	0.0%
AZZ	C	0.0%
UFCS	C	0.0%
SRRK	D	0.0%
SLAB	F	0.0%
ONTO	F	0.0%
APP	D	0.0%
PTC	D	0.0%
GOLF	B	0.0%
IRON	D	0.0%
CTS	D	0.0%
IEX	D	0.0%
CARR	B	0.0%
TKO	C	0.0%
FHB	C	0.0%
DCI	B	0.0%
IBP	C	0.0%
CNA	B	0.0%
CBZ	C	0.0%
TKR	B	0.0%
GBCI	C	0.0%
VCTR	C	0.0%
STEP	B	0.0%
FRPT	D	0.0%
FDMT	F	0.0%
NSC	B	0.0%
IRTC	F	0.0%
AVO	C	0.0%
VCYT	C	0.0%
HOMB	B	0.0%
POOL	B	0.0%
USPH	C	0.0%
COTY	F	0.0%
CGEM	D	0.0%
FRT	A	0.0%
ROG	D	0.0%
TOST	C	0.0%
VRDN	B	0.0%
IMNM	C	0.0%
TARS	F	0.0%
SPRY	C	0.0%
DAY	C	0.0%
DLB	F	0.0%

HKND Underweight 591 Positions Relative to AVUV

Symbol	Grade	Weight
GATX	C	-0.9%
MDU	B	-0.84%
SM	D	-0.81%
MATX	B	-0.8%
AL	C	-0.75%
SLM	C	-0.74%
HCC	C	-0.71%
CNX	B	-0.71%
SKYW	C	-0.7%
STNG	D	-0.7%
LBRT	B	-0.65%
MGY	C	-0.65%
AROC	C	-0.65%
CRC	D	-0.64%
AMR	F	-0.64%
NOG	B	-0.62%
HOG	B	-0.6%
HRI	C	-0.59%
HP	C	-0.54%
M	D	-0.54%
AX	C	-0.54%
INSW	D	-0.52%
IDCC	A	-0.51%
BTU	D	-0.51%
ALK	F	-0.51%
ARCH	F	-0.51%
ATKR	F	-0.5%
SIG	F	-0.5%
IBOC	C	-0.48%
CALM	A	-0.47%
PTEN	D	-0.47%
KSS	D	-0.46%
FBP	B	-0.45%
CEIX	D	-0.44%
KOS	F	-0.42%
HUBG	B	-0.42%
AGO	C	-0.41%
AXS	B	-0.41%
NMIH	C	-0.41%
WERN	B	-0.39%
ARCB	B	-0.38%
VSTO	A	-0.37%
PSMT	B	-0.36%
SLVM	B	-0.35%
ESGR	B	-0.35%
TNK	D	-0.34%
OII	B	-0.34%
CRI	F	-0.34%
ESNT	B	-0.34%
KMT	C	-0.33%
ANDE	C	-0.33%
JBLU	C	-0.33%
TBBK	C	-0.32%
BOH	C	-0.32%
PHIN	B	-0.32%
JWN	B	-0.31%
HLX	C	-0.31%
COLM	D	-0.3%
OFG	C	-0.29%
HEES	C	-0.29%
LPG	D	-0.29%
DAN	D	-0.28%
SFL	F	-0.28%
LZB	B	-0.28%
CUBI	C	-0.28%
LPX	B	-0.27%
BPOP	B	-0.27%
POWL	C	-0.26%
BANR	C	-0.25%
PBF	F	-0.25%
ALKS	B	-0.25%
DHT	C	-0.25%
OXM	D	-0.25%
AGM	C	-0.25%
CDE	C	-0.25%
TALO	D	-0.25%
GBX	C	-0.25%
CAKE	D	-0.25%
TRN	A	-0.24%
ODP	D	-0.24%
SCS	B	-0.23%
TRMK	C	-0.23%
NTB	C	-0.23%
APOG	B	-0.23%
PARR	D	-0.23%
STRL	D	-0.23%
PRDO	B	-0.23%
CAL	B	-0.22%
JELD	C	-0.22%
WOR	F	-0.21%
ATSG	C	-0.21%
GIII	D	-0.21%
OEC	D	-0.21%
EFSC	B	-0.21%
CASH	B	-0.21%
IMKTA	B	-0.2%
SLCA	B	-0.2%
PATK	B	-0.2%
GPOR	F	-0.2%
CRK	F	-0.19%
SXC	C	-0.19%
FCF	C	-0.19%
TROX	D	-0.19%
BKE	B	-0.19%
SPNT	A	-0.19%
PFS	C	-0.19%
CLW	B	-0.19%
HOPE	B	-0.18%
WABC	C	-0.18%
KALU	F	-0.18%
VC	C	-0.18%
ASO	F	-0.18%
KRP	C	-0.18%
TILE	C	-0.18%
CRGY	D	-0.18%
MTDR	D	-0.17%
NAVI	C	-0.17%
HTLF	C	-0.17%
STBA	B	-0.17%
WMK	A	-0.17%
MUR	F	-0.17%
RIG	D	-0.17%
ASC	D	-0.17%
AGX	C	-0.17%
BUSE	C	-0.17%
AM	C	-0.17%
WNC	F	-0.17%
MRTN	C	-0.17%
HIBB	A	-0.16%
SASR	C	-0.16%
PAGS	C	-0.16%
GNK	D	-0.16%
PPBI	C	-0.16%
AXL	F	-0.15%
ALGT	D	-0.15%
PUMP	C	-0.15%
MCRI	B	-0.15%
MTUS	D	-0.15%
GLNG	B	-0.15%
TOWN	B	-0.15%
SCL	D	-0.15%
CARS	B	-0.15%
WTTR	A	-0.15%
CIVI	D	-0.15%
TPC	C	-0.14%
EIG	B	-0.14%
BJRI	F	-0.14%
EGY	B	-0.14%
CBRL	D	-0.14%
QCRH	B	-0.14%
STNE	D	-0.14%
PLYA	D	-0.14%
FRME	C	-0.13%
RYI	D	-0.13%
SNDR	B	-0.13%
DNOW	B	-0.13%
BELFB	C	-0.13%
SBOW	D	-0.13%
GES	C	-0.13%
PEBO	C	-0.13%
MBUU	D	-0.13%
SCVL	C	-0.12%
OCFC	C	-0.12%
KLIC	F	-0.12%
VBTX	C	-0.12%
ENLC	B	-0.12%
NBR	B	-0.12%
MRC	B	-0.12%
TCBK	C	-0.12%
MBIN	C	-0.12%
SGH	C	-0.12%
IIIN	C	-0.11%
NWBI	B	-0.11%
MYRG	F	-0.11%
BHLB	B	-0.11%
NR	C	-0.11%
LC	B	-0.11%
PFC	C	-0.11%
CENX	D	-0.11%
SWBI	B	-0.11%
ETH	D	-0.11%
OBK	C	-0.11%
NBHC	C	-0.11%
NNI	B	-0.1%
CTBI	B	-0.1%
DOLE	A	-0.1%
MATV	B	-0.1%
NAT	F	-0.1%
CNOB	C	-0.1%
BY	C	-0.1%
BRKL	C	-0.1%
NBTB	C	-0.1%
MBWM	C	-0.1%
FOR	F	-0.1%
DCOM	C	-0.1%
CVI	D	-0.09%
REX	B	-0.09%
CPF	B	-0.09%
VTOL	B	-0.09%
UTI	C	-0.09%
FMBH	B	-0.09%
CHX	C	-0.09%
DAKT	B	-0.09%
IBCP	B	-0.09%
UVSP	C	-0.09%
CFB	C	-0.09%
RES	C	-0.09%
OSBC	C	-0.09%
PFBC	C	-0.09%
AMAL	C	-0.09%
BANC	D	-0.09%
INDB	C	-0.09%
ARHS	D	-0.09%
TK	D	-0.09%
TRST	B	-0.08%
GSBC	C	-0.08%
SNCY	D	-0.08%
BRY	D	-0.08%
HTLD	C	-0.08%
SBLK	F	-0.08%
HAFC	C	-0.08%
EGBN	D	-0.08%
DDS	F	-0.08%
SEB	D	-0.08%
EBS	C	-0.08%
HY	B	-0.08%
LMB	C	-0.08%
SFBS	B	-0.08%
PLMR	B	-0.08%
VRTS	D	-0.08%
GDEN	C	-0.07%
RYAM	B	-0.07%
METC	F	-0.07%
HCI	D	-0.07%
AMBC	F	-0.07%
CMRE	D	-0.07%
GRNT	C	-0.07%
AMTB	D	-0.07%
THRM	B	-0.07%
BFST	C	-0.07%
SB	D	-0.07%
RDUS	D	-0.07%
MSBI	D	-0.07%
GHC	C	-0.07%
SMP	C	-0.07%
MCB	C	-0.07%
SRCE	B	-0.07%
SD	D	-0.07%
ULH	C	-0.06%
OSUR	D	-0.06%
AROW	C	-0.06%
MCFT	C	-0.06%
IMMR	C	-0.06%
HTBI	B	-0.06%
EBC	C	-0.06%
THFF	C	-0.06%
CCNE	C	-0.06%
SYBT	C	-0.06%
BBW	B	-0.06%
DBI	D	-0.06%
HVT	C	-0.06%
LOVE	C	-0.06%
AOSL	C	-0.06%
MOV	D	-0.06%
WASH	C	-0.06%
NBN	C	-0.06%
HPK	C	-0.06%
AMRC	D	-0.06%
RBCAA	C	-0.06%
HTBK	C	-0.06%
CHCO	B	-0.05%
HTZ	F	-0.05%
CVEO	A	-0.05%
CVGW	F	-0.05%
ORRF	B	-0.05%
SGHC	B	-0.05%
VPG	C	-0.05%
CAC	C	-0.05%
GVA	B	-0.05%
FBMS	B	-0.05%
VYGR	C	-0.05%
FFIC	C	-0.05%
NFBK	C	-0.05%
BHB	C	-0.05%
MCBC	B	-0.05%
MYE	C	-0.05%
ESQ	B	-0.05%
OPY	C	-0.05%
ODC	F	-0.05%
EBF	B	-0.05%
RGR	C	-0.05%
PAHC	B	-0.05%
SMBC	B	-0.05%
APEI	C	-0.05%
PGC	C	-0.05%
AAN	B	-0.05%
ZIMV	C	-0.05%
HBNC	C	-0.05%
AMCX	F	-0.05%
CCB	B	-0.05%
NGVC	B	-0.05%
USNA	F	-0.05%
XPRO	C	-0.05%
WRLD	D	-0.04%
GLDD	C	-0.04%
DO	C	-0.04%
SGC	C	-0.04%
CARE	B	-0.04%
FLWS	B	-0.04%
HDSN	F	-0.04%
RCKY	D	-0.04%
FBK	B	-0.04%
PUBM	C	-0.04%
SMBK	B	-0.04%
NUS	F	-0.04%
PAX	F	-0.04%
SPFI	B	-0.04%
REPX	C	-0.04%
PANL	F	-0.04%
LKFN	C	-0.04%
EQBK	C	-0.04%
TRDA	C	-0.04%
RBB	C	-0.04%
NTGR	B	-0.04%
CVBF	C	-0.04%
ATNI	C	-0.04%
ORN	D	-0.04%
NRIM	C	-0.04%
IESC	C	-0.04%
SHEN	B	-0.04%
MCS	C	-0.04%
CENT	D	-0.04%
FISI	B	-0.04%
TBI	C	-0.04%
SOI	B	-0.04%
DHIL	B	-0.03%
BMRC	C	-0.03%
FMNB	C	-0.03%
MOFG	B	-0.03%
FSBC	B	-0.03%
TMP	C	-0.03%
SBSI	B	-0.03%
TH	F	-0.03%
HONE	C	-0.03%
MED	D	-0.03%
BWB	C	-0.03%
JAKK	C	-0.03%
REI	C	-0.03%
USLM	A	-0.03%
CVGI	D	-0.03%
MEI	D	-0.03%
LEGH	B	-0.03%
LE	B	-0.03%
MPB	B	-0.03%
NATR	C	-0.03%
NWPX	B	-0.03%
KRT	B	-0.03%
MERC	F	-0.03%
GPRE	C	-0.03%
GLRE	B	-0.03%
FLIC	C	-0.03%
LOB	C	-0.03%
IPI	C	-0.03%
MCBS	C	-0.03%
HFWA	B	-0.03%
USAP	A	-0.03%
CHUY	C	-0.03%
DXLG	D	-0.03%
EZPW	B	-0.03%
GCO	B	-0.03%
VLGEA	A	-0.03%
VIRC	B	-0.03%
HNRG	D	-0.03%
ACCO	C	-0.03%
LYTS	B	-0.03%
MVBF	C	-0.02%
WTBA	C	-0.02%
RMAX	D	-0.02%
HIFS	B	-0.02%
NNBR	C	-0.02%
TTI	D	-0.02%
FSBW	B	-0.02%
FBNC	C	-0.02%
SHBI	C	-0.02%
MTW	D	-0.02%
OIS	C	-0.02%
LSEA	B	-0.02%
NGS	D	-0.02%
PRA	D	-0.02%
UEIC	C	-0.02%
HBB	B	-0.02%
EPM	D	-0.02%
ACDC	C	-0.02%
ACIC	B	-0.02%
PBYI	D	-0.02%
SRI	B	-0.02%
PKOH	B	-0.02%
INBK	C	-0.02%
BHRB	C	-0.02%
SFST	C	-0.02%
FFBC	C	-0.02%
FBIZ	C	-0.02%
HBT	C	-0.02%
VRA	F	-0.02%
FNKO	C	-0.02%
HMST	B	-0.02%
CDMO	B	-0.02%
PRK	C	-0.02%
AA	F	-0.02%
SKWD	B	-0.02%
FFWM	D	-0.02%
FIGS	C	-0.02%
FSTR	F	-0.02%
CMT	C	-0.02%
HOFT	D	-0.02%
KW	C	-0.02%
RNGR	B	-0.02%
ALRS	C	-0.02%
CCBG	B	-0.02%
RM	C	-0.02%
GDOT	D	-0.02%
BSRR	C	-0.02%
HRTG	C	-0.02%
ACNB	B	-0.02%
AMPY	C	-0.02%
CRCT	C	-0.02%
LXFR	C	-0.02%
FIBK	C	-0.02%
KODK	C	-0.02%
CASS	D	-0.02%
ZUMZ	B	-0.01%
OBT	C	-0.01%
UBFO	B	-0.01%
CPSS	C	-0.01%
CBNK	B	-0.01%
EVC	D	-0.01%
PLPC	D	-0.01%
OPBK	B	-0.01%
MPX	D	-0.01%
BSET	F	-0.01%
ESOA	B	-0.01%
BWFG	B	-0.01%
TCBX	C	-0.01%
ITIC	B	-0.01%
QUAD	D	-0.01%
PFIS	B	-0.01%
TSBK	C	-0.01%
KLXE	C	-0.01%
FUNC	B	-0.01%
FF	C	-0.01%
CRD.B	C	-0.01%
CTRN	F	-0.01%
ATLC	C	-0.01%
FCBC	B	-0.01%
GNTY	C	-0.01%
ACTG	C	-0.01%
IBEX	C	-0.01%
VNDA	C	-0.01%
MEC	B	-0.01%
GEOS	F	-0.01%
CIVB	C	-0.01%
FRST	C	-0.01%
MPAA	C	-0.01%
SWIM	C	-0.01%
GABC	C	-0.01%
JRVR	D	-0.01%
NC	D	-0.01%
PKBK	C	-0.01%
BCML	B	-0.01%
EBTC	C	-0.01%
TTSH	C	-0.01%
UA	D	-0.01%
PTSI	C	-0.01%
RICK	D	-0.01%
UAA	D	-0.01%
STKS	D	-0.01%
NEWT	C	-0.01%
LTH	B	-0.01%
METCB	D	-0.01%
AMSF	C	-0.01%
MFIN	D	-0.01%
HBCP	C	-0.01%
TAYD	B	-0.01%
ACU	B	-0.01%
PCB	C	-0.01%
GHM	C	-0.01%
UNTY	B	-0.01%
LCUT	D	-0.01%
IMXI	B	-0.01%
ALTG	D	-0.01%
FLL	C	-0.01%
MWA	B	-0.01%
KRO	D	-0.01%
FRBA	B	-0.01%
RLGT	C	-0.01%
CLAR	F	-0.01%
TG	C	-0.01%
BFC	B	-0.01%
FLXS	C	-0.01%
BVS	C	-0.01%
WSBF	B	-0.01%
BCBP	C	-0.01%
KRNY	C	-0.01%
GAIA	B	-0.0%
MRBK	B	-0.0%
CPHC	F	-0.0%
NKSH	D	-0.0%
BH	C	-0.0%
SRTS	C	-0.0%
FRD	B	-0.0%
FPH	B	-0.0%
WNEB	C	-0.0%
MNSB	D	-0.0%
KVHI	F	-0.0%
PLBC	C	-0.0%
FGBI	B	-0.0%
ESCA	D	-0.0%
MYFW	C	-0.0%
CNTY	D	-0.0%
UTMD	F	-0.0%
VABK	C	-0.0%
OPRX	F	-0.0%
ATLO	C	-0.0%
BWEN	D	-0.0%
FDBC	C	-0.0%
PYXS	C	-0.0%
ECPG	C	-0.0%
CFFI	B	-0.0%
WOW	B	-0.0%
SPWH	F	-0.0%
OB	B	-0.0%
PNRG	B	-0.0%
AOUT	B	-0.0%
ISTR	C	-0.0%
PHX	C	-0.0%
HEAR	D	-0.0%
CZFS	C	-0.0%
LAKE	B	-0.0%
WEYS	B	-0.0%
AAOI	F	-0.0%
NOTV	F	-0.0%
VHI	C	-0.0%
CMLS	F	-0.0%
BOOM	D	-0.0%
COFS	C	-0.0%
REVG	B	-0.0%
NWFL	C	-0.0%
DLTH	F	-0.0%
LPRO	F	-0.0%
UFI	D	-0.0%
CHMG	C	-0.0%
MYPS	F	-0.0%
MNTK	C	-0.0%
BSVN	B	-0.0%
CRD.B	C	-0.0%
RMR	C	-0.0%
KEQU	A	-0.0%
NIC	C	-0.0%
CCRD	F	-0.0%
TBNK	C	-0.0%
PWOD	C	-0.0%
BELFA	B	-0.0%
XBIT	B	-0.0%
LWAY	F	-0.0%
RRBI	C	-0.0%
FVCB	C	-0.0%
TWIN	C	-0.0%
LFVN	B	-0.0%
WLFC	A	-0.0%
CSPI	C	-0.0%
CBAN	C	-0.0%
CBFV	B	-0.0%
HWBK	B	-0.0%
EPSN	C	-0.0%
EML	C	-0.0%
OVLY	C	-0.0%
JOUT	C	-0.0%
LINC	C	-0.0%
CATO	D	-0.0%
BGFV	F	-0.0%
VITL	D	-0.0%
RVSB	C	-0.0%
OLPX	C	-0.0%
FONR	B	-0.0%
FNLC	C	-0.0%
FRAF	A	-0.0%
NEU	B	-0.0%
ASTE	D	-0.0%
BFIN	A	-0.0%
BANF	B	-0.0%
EVBN	B	-0.0%