HKND vs. CLSE ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Convergence Long/Short Equity ETF (CLSE)

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

$33.17

Average Daily Volume

3,769

Number of Holdings ^*

954

* may have additional holdings in another (foreign) market

CLSE

Convergence Long/Short Equity ETF

CLSE Description

The investment seeks long-term capital growth. The fund seeks to invest, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in long and short positions in equity securities of domestic companies. The adviser intends to maintain a net long exposure (the market value of long positions minus the market value of short positions) of approximately 50% to 100%. Under normal market conditions, the fund’s long positions may range from approximately 90% to 150% and its short positions may range from approximately 20% to 70%.

Grade (RS Rating)

Last Trade

$21.94

Average Daily Volume

53,460

Number of Holdings ^*

326

* may have additional holdings in another (foreign) market

Performance

Period	HKND	CLSE
30 Days	2.28%	2.05%
60 Days	3.59%	4.63%
90 Days	5.88%	1.81%
12 Months	20.27%	37.03%

181 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in CLSE	Overlap
AAPL	C	2.14%	2.26%	2.14%
ABBV	C	1.96%	1.04%	1.04%
ABM	D	0.02%	0.34%	0.02%
ACIW	B	0.01%	1.12%	0.01%
ACT	B	0.01%	0.42%	0.01%
ADBE	F	0.05%	-0.36%	-0.36%
ADMA	B	0.01%	0.49%	0.01%
ADUS	B	0.01%	0.15%	0.01%
AEIS	D	0.0%	-0.23%	-0.23%
AGCO	D	0.65%	-0.24%	-0.24%
AGL	F	0.01%	-0.09%	-0.09%
AJG	D	0.04%	-0.21%	-0.21%
ALB	D	0.01%	-0.26%	-0.26%
ALIT	D	0.02%	-0.08%	-0.08%
ALNY	C	0.09%	0.12%	0.09%
AMG	C	0.01%	0.98%	0.01%
AMGN	B	1.08%	0.55%	0.55%
AMRX	B	0.03%	0.85%	0.03%
AMZN	C	0.58%	2.5%	0.58%
ANET	B	0.02%	1.86%	0.02%
ANF	D	0.0%	0.32%	0.0%
APD	B	0.02%	-0.26%	-0.26%
APLS	F	0.03%	-0.29%	-0.29%
APP	C	0.0%	2.04%	0.0%
AVGO	C	0.1%	2.58%	0.1%
AVT	C	0.02%	0.88%	0.02%
AWR	B	0.04%	-0.1%	-0.1%
BAC	D	0.51%	0.81%	0.51%
BBIO	D	0.03%	-0.38%	-0.38%
BC	C	0.01%	-0.13%	-0.13%
BCO	B	0.01%	0.36%	0.01%
BG	D	0.94%	0.72%	0.72%
BIO	C	0.09%	-0.24%	-0.24%
BKNG	C	0.06%	0.25%	0.06%
BMY	C	0.88%	0.49%	0.49%
C	C	0.39%	-0.48%	-0.48%
CAH	C	0.31%	0.61%	0.31%
CC	F	0.01%	-0.11%	-0.11%
CFG	C	0.04%	0.57%	0.04%
CG	D	0.03%	-0.15%	-0.15%
CGON	C	0.01%	-0.12%	-0.12%
CIEN	C	0.01%	-0.22%	-0.22%
CINF	B	0.04%	-0.2%	-0.2%
CLDX	C	0.02%	-0.16%	-0.16%
CNA	C	0.0%	0.49%	0.0%
CNC	D	0.32%	0.73%	0.32%
COLB	B	0.0%	-0.2%	-0.2%
COTY	F	0.01%	-0.2%	-0.2%
CRNX	C	0.02%	-0.05%	-0.05%
CSCO	C	0.16%	-0.27%	-0.27%
DAY	D	0.01%	-0.15%	-0.15%
DVA	B	0.12%	0.82%	0.12%
DXCM	F	0.13%	-0.22%	-0.22%
EEFT	D	0.01%	0.45%	0.01%
EL	F	0.03%	-0.2%	-0.2%
EME	B	0.02%	0.81%	0.02%
ENOV	D	0.15%	-0.18%	-0.18%
ENPH	D	0.12%	-0.32%	-0.32%
EQR	B	0.07%	0.44%	0.07%
EXAS	C	0.04%	-0.34%	-0.34%
EXPE	C	0.04%	0.53%	0.04%
EXR	B	0.01%	-0.15%	-0.15%
FCNCA	D	0.01%	-0.19%	-0.19%
FDS	C	0.01%	-0.23%	-0.23%
FDX	C	0.01%	0.5%	0.01%
FITB	B	0.04%	0.61%	0.04%
FIVE	D	0.01%	-0.45%	-0.45%
FND	C	0.01%	-0.59%	-0.59%
FOUR	C	0.0%	-0.33%	-0.33%
GDDY	C	0.01%	1.58%	0.01%
GFS	F	0.02%	-0.48%	-0.48%
GILD	B	0.74%	0.98%	0.74%
GLW	C	0.09%	0.32%	0.09%
GMED	D	0.06%	-0.29%	-0.29%
GOOGL	D	3.6%	2.93%	2.93%
GT	F	0.01%	-0.27%	-0.27%
HALO	C	0.03%	1.03%	0.03%
HD	B	0.36%	1.17%	0.36%
HGV	F	0.01%	-0.1%	-0.1%
HHH	C	0.01%	-0.11%	-0.11%
HPE	D	0.19%	1.52%	0.19%
HRB	C	0.01%	0.53%	0.01%
HSY	C	0.06%	-0.28%	-0.28%
IAC	C	0.01%	-0.34%	-0.34%
IBM	B	0.25%	1.7%	0.25%
IBP	D	0.0%	0.27%	0.0%
ILMN	C	0.09%	-0.16%	-0.16%
INSP	C	0.01%	-0.31%	-0.31%
INTC	F	1.39%	-0.93%	-0.93%
IRTC	F	0.0%	-0.22%	-0.22%
J	C	0.29%	0.36%	0.29%
JLL	B	0.04%	0.32%	0.04%
JNJ	C	2.19%	0.96%	0.96%
JPM	D	0.7%	0.77%	0.7%
JXN	A	0.02%	0.72%	0.02%
KLAC	D	0.05%	0.47%	0.05%
KMB	D	0.1%	0.4%	0.1%
KNF	B	0.01%	0.35%	0.01%
KR	C	0.21%	0.17%	0.17%
LAMR	B	0.01%	0.41%	0.01%
LKQ	F	0.04%	-0.2%	-0.2%
LNTH	D	0.03%	0.46%	0.03%
LPLA	D	0.03%	-0.35%	-0.35%
LYV	B	0.03%	-0.36%	-0.36%
MCHP	F	0.02%	-0.5%	-0.5%
MCK	F	0.44%	0.71%	0.44%
MET	B	0.2%	0.54%	0.2%
MHO	B	0.02%	0.1%	0.02%
MLI	A	0.0%	0.75%	0.0%
MRK	D	1.81%	0.53%	0.53%
MRNA	F	0.29%	-0.06%	-0.06%
MS	D	0.34%	-0.25%	-0.25%
MSFT	C	2.3%	1.12%	1.12%
MTN	D	0.01%	-0.15%	-0.15%
MU	F	0.1%	1.02%	0.1%
NDAQ	A	0.02%	-0.36%	-0.36%
NFLX	B	0.08%	0.31%	0.08%
NTAP	D	0.03%	1.64%	0.03%
NTRA	C	0.01%	0.12%	0.01%
NTRS	A	0.04%	0.91%	0.04%
NVDA	D	0.08%	4.12%	0.08%
NVR	B	0.05%	0.3%	0.05%
NXST	D	0.01%	-0.09%	-0.09%
O	C	0.01%	-0.31%	-0.31%
OGN	D	0.11%	0.92%	0.11%
ON	D	0.03%	-0.36%	-0.36%
ORCL	C	0.17%	1.22%	0.17%
OSCR	B	0.0%	0.63%	0.0%
PEN	D	0.04%	-0.32%	-0.32%
PG	C	4.15%	0.81%	0.81%
PGNY	F	0.01%	-0.12%	-0.12%
PGR	B	0.22%	0.55%	0.22%
POOL	C	0.0%	-0.54%	-0.54%
PYPL	B	0.08%	0.98%	0.08%
QCOM	D	0.14%	2.58%	0.14%
REGN	C	0.61%	-0.32%	-0.32%
REZI	D	0.02%	0.43%	0.02%
RF	B	0.03%	0.69%	0.03%
RGA	C	0.06%	0.53%	0.06%
RGEN	F	0.01%	-0.33%	-0.33%
ROK	D	0.02%	-0.08%	-0.08%
RVMD	C	0.03%	-0.32%	-0.32%
SATS	C	0.01%	-0.4%	-0.4%
SEIC	C	0.01%	0.81%	0.01%
SITE	C	0.01%	-0.26%	-0.26%
SJM	C	0.51%	-0.17%	-0.17%
SMCI	F	0.02%	-0.55%	-0.55%
SNEX	B	0.03%	0.95%	0.03%
SPG	B	0.03%	0.41%	0.03%
SYF	C	0.07%	0.86%	0.07%
T	C	0.88%	1.03%	0.88%
TFC	C	0.1%	-0.2%	-0.2%
THC	A	0.3%	0.85%	0.3%
TOL	B	0.05%	0.34%	0.05%
TOST	C	0.01%	-0.34%	-0.34%
TSLA	C	0.15%	0.59%	0.15%
TTD	B	0.0%	-0.23%	-0.23%
TTWO	C	0.01%	-0.47%	-0.47%
TXG	D	0.02%	-0.11%	-0.11%
TXN	C	0.1%	-0.85%	-0.85%
UHAL	A	0.01%	-0.16%	-0.16%
UHS	B	0.21%	0.87%	0.21%
UMBF	B	0.01%	0.71%	0.01%
UNP	C	0.03%	0.57%	0.03%
VAC	F	0.01%	-0.1%	-0.1%
VNO	B	0.01%	-0.17%	-0.17%
VRT	C	0.01%	0.59%	0.01%
VSAT	F	0.01%	-0.14%	-0.14%
VSH	F	0.01%	-0.25%	-0.25%
VTRS	D	0.23%	0.31%	0.23%
WAL	B	0.01%	-0.16%	-0.16%
WAT	C	0.06%	-0.25%	-0.25%
WBA	F	0.21%	-0.22%	-0.22%
WBD	D	0.06%	-0.38%	-0.38%
WDC	D	0.1%	-0.58%	-0.58%
WFC	D	0.41%	0.55%	0.41%
WMT	C	1.07%	2.07%	1.07%
WTM	D	0.01%	-0.23%	-0.23%
WTRG	D	0.08%	-0.16%	-0.16%
XYL	C	0.01%	-0.23%	-0.23%
ZBRA	B	0.03%	-0.48%	-0.48%

HKND Overweight 773 Positions Relative to CLSE

Symbol	Grade	Weight
LLY	C	2.04%
DE	B	1.95%
PFE	C	1.63%
MOS	F	1.58%
ADM	D	1.58%
CL	D	1.41%
CTVA	B	1.41%
BDX	D	1.15%
SYK	C	1.15%
CI	C	1.12%
ABT	C	1.12%
UNH	C	0.98%
HCA	B	0.96%
GEHC	C	0.93%
ECL	B	0.91%
CF	C	0.91%
VZ	B	0.91%
TMO	B	0.89%
DELL	D	0.89%
BAX	C	0.88%
HPQ	D	0.75%
FMC	C	0.74%
BSX	B	0.73%
CMCSA	D	0.66%
DGX	B	0.62%
VRTX	D	0.6%
DHR	B	0.59%
IQV	C	0.52%
INGR	B	0.49%
FDP	C	0.49%
CVS	D	0.45%
ZBH	F	0.44%
ELV	C	0.43%
KVUE	C	0.43%
PEP	C	0.41%
AWK	B	0.38%
CHD	D	0.37%
TMUS	C	0.37%
CAG	C	0.37%
VLTO	C	0.35%
GS	C	0.33%
MDLZ	B	0.33%
ISRG	B	0.32%
GIS	B	0.31%
BIIB	F	0.3%
DD	B	0.3%
BBY	C	0.28%
HOLX	B	0.28%
HUM	F	0.28%
EW	F	0.28%
SPB	C	0.28%
K	B	0.26%
FELE	C	0.25%
CLX	C	0.24%
AIG	D	0.23%
LOW	B	0.23%
ALL	B	0.22%
RMD	C	0.21%
DOW	D	0.2%
AXP	B	0.2%
DIS	D	0.19%
TFX	C	0.18%
DHI	B	0.17%
PRU	C	0.17%
SOLV	C	0.17%
CHTR	D	0.17%
TRV	C	0.17%
ZWS	A	0.16%
COF	B	0.16%
V	C	0.16%
CTLT	B	0.15%
A	C	0.15%
FSLR	C	0.15%
AVTR	B	0.15%
AMAT	D	0.14%
LEN	B	0.14%
TGT	C	0.13%
MMC	C	0.13%
HSIC	C	0.13%
MA	B	0.12%
AIZ	B	0.12%
JBL	D	0.12%
RUN	C	0.12%
USB	B	0.12%
COST	B	0.11%
BK	B	0.11%
CBRE	A	0.11%
RPRX	C	0.11%
AHCO	C	0.11%
FLO	C	0.1%
MAN	C	0.1%
TITN	F	0.1%
LUMN	C	0.1%
SEM	D	0.1%
BLK	B	0.1%
ICUI	B	0.1%
PNC	B	0.1%
FTRE	D	0.1%
HIG	B	0.1%
AFL	C	0.09%
STT	A	0.09%
LRCX	F	0.09%
CRL	F	0.09%
INCY	C	0.09%
BMRN	F	0.09%
ACM	B	0.08%
IART	F	0.08%
CDW	D	0.08%
ALG	D	0.08%
ITGR	A	0.08%
CWT	C	0.08%
EMBC	C	0.08%
UTHR	C	0.08%
CTSH	C	0.08%
POST	C	0.08%
CPB	C	0.08%
MTD	D	0.08%
AVB	B	0.07%
NBIX	F	0.07%
KD	D	0.07%
DFS	B	0.07%
ADP	B	0.07%
SCHW	D	0.07%
MOH	D	0.07%
SYY	D	0.07%
PHM	B	0.07%
UAN	D	0.07%
AMP	A	0.07%
EHC	C	0.07%
MMSI	B	0.07%
FNF	B	0.07%
CRM	D	0.07%
PODD	B	0.07%
LXU	D	0.07%
MASI	F	0.07%
DXC	C	0.07%
RDNT	B	0.07%
PFG	B	0.06%
BRKR	D	0.06%
SNX	D	0.06%
L	C	0.06%
CRBG	D	0.06%
BERY	B	0.06%
FOX	B	0.06%
VTR	C	0.06%
MMM	B	0.06%
SRPT	D	0.06%
HAE	F	0.06%
CNMD	D	0.06%
AMD	D	0.06%
WST	D	0.06%
ACI	F	0.06%
IFF	B	0.06%
TECH	C	0.06%
TJX	B	0.06%
GXO	D	0.05%
GPC	D	0.05%
FAF	B	0.05%
KLG	C	0.05%
OMI	D	0.05%
AYI	B	0.05%
CMI	C	0.05%
SMG	C	0.05%
MAA	B	0.05%
GWW	B	0.05%
EQH	C	0.05%
MKC	C	0.05%
PCVX	C	0.05%
OMC	B	0.05%
OPK	C	0.05%
ALLY	F	0.05%
INVH	C	0.05%
RJF	C	0.05%
AVNS	B	0.05%
SQ	D	0.05%
MKL	C	0.05%
SUI	B	0.05%
SJW	C	0.05%
MAR	C	0.05%
EBAY	B	0.05%
WLK	D	0.05%
WM	D	0.05%
PPG	D	0.04%
GPN	D	0.04%
TNDM	C	0.04%
FIS	B	0.04%
AFG	B	0.04%
WMG	D	0.04%
SCSC	D	0.04%
VKTX	C	0.04%
RSG	D	0.04%
KDP	B	0.04%
ORI	B	0.04%
JEF	B	0.04%
AZO	D	0.04%
ORLY	C	0.04%
TROW	D	0.04%
CTAS	B	0.04%
UNFI	C	0.04%
ADI	C	0.04%
OPCH	C	0.04%
IONS	F	0.04%
AMT	C	0.04%
MEDP	F	0.04%
SWK	B	0.04%
NOVT	D	0.04%
HUN	D	0.04%
ESS	B	0.04%
TTC	D	0.04%
WHR	D	0.04%
APH	D	0.04%
LNC	D	0.04%
ROKU	C	0.04%
WRB	C	0.04%
EXEL	C	0.04%
SHW	B	0.04%
FYBR	C	0.04%
HWKN	C	0.03%
FAST	C	0.03%
AMED	C	0.03%
OPEN	D	0.03%
CME	C	0.03%
CHE	C	0.03%
ROST	C	0.03%
MCO	B	0.03%
WU	F	0.03%
GNW	B	0.03%
XRX	D	0.03%
MTH	A	0.03%
VOYA	B	0.03%
ARW	C	0.03%
SMMT	C	0.03%
KBH	A	0.03%
NEO	C	0.03%
ITW	C	0.03%
MIDD	D	0.03%
PLD	C	0.03%
ENR	D	0.03%
RS	D	0.03%
SANM	D	0.03%
DAR	F	0.03%
OFIX	D	0.03%
FLGT	D	0.03%
TWI	D	0.03%
INTU	C	0.03%
ENSG	B	0.03%
NSP	F	0.03%
MD	C	0.03%
NWS	D	0.03%
HBAN	B	0.03%
IRDM	D	0.03%
CPT	B	0.03%
RHI	D	0.03%
LBRDA	F	0.03%
UPS	D	0.03%
TDS	C	0.03%
IT	B	0.03%
SPGI	B	0.03%
CYTK	F	0.03%
IVZ	B	0.03%
BPMC	F	0.03%
EMR	D	0.03%
ICE	C	0.03%
ELS	C	0.03%
AMH	C	0.03%
LNN	D	0.03%
MTB	B	0.03%
BEN	F	0.03%
UNM	B	0.03%
ITCI	D	0.03%
RKT	C	0.03%
GME	F	0.03%
CR	C	0.03%
UDR	C	0.03%
CNXN	B	0.03%
PH	B	0.03%
IPG	C	0.03%
SGRY	C	0.03%
TMHC	A	0.03%
KEY	B	0.03%
R	A	0.02%
ATR	B	0.02%
ULTA	D	0.02%
TTEK	C	0.02%
STC	B	0.02%
ARWR	F	0.02%
SNPS	D	0.02%
ALGN	D	0.02%
PTCT	C	0.02%
MRVI	D	0.02%
IBKR	B	0.02%
IOVA	C	0.02%
HST	C	0.02%
SRCL	A	0.02%
NATL	D	0.02%
GH	D	0.02%
GL	C	0.02%
SWTX	F	0.02%
BHF	F	0.02%
NWL	C	0.02%
CMA	B	0.02%
CORT	C	0.02%
ADTN	D	0.02%
FCN	D	0.02%
MCY	D	0.02%
EFX	B	0.02%
AAP	F	0.02%
FOLD	D	0.02%
SMPL	D	0.02%
XRAY	D	0.02%
GKOS	C	0.02%
COOP	C	0.02%
UTZ	C	0.02%
TPG	B	0.02%
AMRK	C	0.02%
OTIS	C	0.02%
AXSM	C	0.02%
LECO	F	0.02%
ATRC	C	0.02%
HAIN	D	0.02%
BR	D	0.02%
DOX	C	0.02%
DLR	B	0.02%
CENTA	F	0.02%
GAP	F	0.02%
MAS	B	0.02%
OMF	D	0.02%
INSM	D	0.02%
PWR	B	0.02%
TSCO	C	0.02%
ACAD	F	0.02%
CCS	B	0.02%
EA	D	0.02%
MDGL	F	0.02%
TPH	C	0.02%
ZG	B	0.02%
IDXX	C	0.02%
COMP	C	0.02%
ADV	C	0.02%
DKS	D	0.02%
RARE	B	0.02%
CNXC	F	0.02%
PFSI	C	0.02%
BKD	D	0.02%
ENTG	F	0.02%
LILAK	D	0.02%
BLDR	C	0.02%
BRO	C	0.02%
KRYS	D	0.02%
NOW	B	0.02%
SWKS	D	0.02%
CCI	C	0.02%
WMS	D	0.02%
JJSF	C	0.02%
TNET	F	0.02%
AZTA	F	0.02%
PAYX	C	0.02%
HLT	B	0.02%
AMKR	F	0.02%
WSO	C	0.02%
SSNC	B	0.02%
KMPR	D	0.02%
EQIX	C	0.02%
USM	C	0.02%
THS	C	0.02%
KELYA	D	0.02%
SF	A	0.02%
SIRI	C	0.02%
MMS	C	0.02%
MSI	B	0.02%
APO	C	0.02%
CSL	B	0.02%
CHWY	C	0.02%
WELL	C	0.02%
NUVL	C	0.02%
WTS	C	0.02%
THG	B	0.02%
MPWR	C	0.01%
FLS	D	0.01%
GMS	D	0.01%
ABCB	B	0.01%
KE	F	0.01%
SRRK	F	0.01%
NSC	C	0.01%
PRLB	F	0.01%
ONB	C	0.01%
UBSI	B	0.01%
URBN	F	0.01%
CMC	D	0.01%
UI	B	0.01%
USPH	F	0.01%
DLB	D	0.01%
WH	B	0.01%
NX	F	0.01%
NYT	C	0.01%
YORW	D	0.01%
FIX	B	0.01%
APAM	C	0.01%
CVCO	A	0.01%
MAT	C	0.01%
FRPT	B	0.01%
BXC	D	0.01%
AEO	F	0.01%
VZIO	B	0.01%
SSYS	F	0.01%
SAGE	F	0.01%
MIRM	D	0.01%
RGNX	F	0.01%
DBX	D	0.01%
RLAY	D	0.01%
AVO	B	0.01%
SIBN	D	0.01%
BRX	B	0.01%
LFST	C	0.01%
REG	C	0.01%
BKU	C	0.01%
SILK	A	0.01%
MC	B	0.01%
SCHL	D	0.01%
TYL	C	0.01%
FICO	B	0.01%
WGO	D	0.01%
ANSS	D	0.01%
SSB	B	0.01%
PLUS	A	0.01%
CADE	C	0.01%
VNT	F	0.01%
OZK	D	0.01%
IPGP	F	0.01%
SNA	C	0.01%
CRUS	D	0.01%
PB	B	0.01%
UCTT	F	0.01%
TCBI	B	0.01%
BCRX	C	0.01%
APG	D	0.01%
HURN	C	0.01%
KIDS	D	0.01%
DIOD	F	0.01%
CNM	F	0.01%
GSAT	F	0.01%
CGEM	D	0.01%
HMN	D	0.01%
HWC	D	0.01%
ASB	D	0.01%
RLI	B	0.01%
WD	A	0.01%
SYNA	F	0.01%
HAS	B	0.01%
DAWN	D	0.01%
GRBK	B	0.01%
DYN	D	0.01%
LFUS	C	0.01%
FDMT	F	0.01%
PSTG	F	0.01%
AKRO	C	0.01%
MDXG	F	0.01%
TVTX	B	0.01%
PIPR	B	0.01%
PII	D	0.01%
SKY	B	0.01%
LCII	C	0.01%
FNB	C	0.01%
TRUP	C	0.01%
FG	D	0.01%
CBSH	C	0.01%
CCRN	F	0.01%
KURA	D	0.01%
KFRC	D	0.01%
PNFP	B	0.01%
TDC	F	0.01%
COIN	F	0.01%
TDOC	D	0.01%
NGVT	D	0.01%
VEEV	C	0.01%
WPC	C	0.01%
CFR	C	0.01%
PAYC	D	0.01%
PRG	B	0.01%
EXLS	B	0.01%
CRVL	B	0.01%
ASIX	C	0.01%
MNKD	C	0.01%
WBS	D	0.01%
BRC	C	0.01%
CABO	F	0.01%
IR	C	0.01%
VLY	C	0.01%
SBH	B	0.01%
PTGX	C	0.01%
IDT	C	0.01%
VRSN	D	0.01%
MTG	B	0.01%
FHI	A	0.01%
RYAN	D	0.01%
IOSP	D	0.01%
BECN	D	0.01%
HTH	C	0.01%
BEAM	F	0.01%
IMVT	D	0.01%
MTCH	C	0.01%
CSX	D	0.01%
KWR	D	0.01%
MSM	D	0.01%
TARS	C	0.01%
RDN	C	0.01%
LANC	D	0.01%
IRT	B	0.01%
MORN	C	0.01%
JKHY	B	0.01%
ENS	D	0.01%
CACC	F	0.01%
FNA	F	0.01%
AXNX	B	0.01%
HLI	B	0.01%
RXRX	F	0.01%
UNF	C	0.01%
AGIO	C	0.01%
TTMI	D	0.01%
CRSR	F	0.01%
RCM	C	0.01%
SNDX	F	0.01%
MSCI	C	0.01%
SXT	C	0.01%
PINC	C	0.01%
TGNA	D	0.01%
EWTX	B	0.01%
SBAC	C	0.01%
AXTA	B	0.01%
ASTH	B	0.01%
ANIP	D	0.01%
WTFC	B	0.01%
HUBB	B	0.01%
CDNS	D	0.01%
EXPI	C	0.01%
DFH	C	0.01%
BCC	B	0.01%
NTLA	F	0.01%
INVA	B	0.01%
DOC	C	0.01%
LMAT	C	0.01%
AOS	D	0.01%
SANA	F	0.01%
ARDX	D	0.01%
AIV	B	0.01%
TNC	F	0.01%
ACHC	C	0.01%
RNA	C	0.01%
KEX	C	0.01%
TEX	F	0.01%
NMRK	A	0.01%
CPRX	A	0.01%
UFPI	C	0.01%
FL	D	0.01%
IRM	C	0.01%
KFY	B	0.01%
GNRC	D	0.01%
TNL	D	0.01%
JBSS	D	0.01%
RCKT	D	0.01%
GERN	D	0.01%
BGC	B	0.01%
COLL	C	0.01%
BOKF	B	0.01%
KIM	C	0.01%
ARE	C	0.01%
TRMB	C	0.01%
QRVO	F	0.01%
ICFI	B	0.01%
COHR	C	0.01%
IRWD	F	0.01%
NVST	D	0.01%
FTV	C	0.01%
DVAX	D	0.01%
TWST	D	0.01%
STGW	B	0.01%
NHC	D	0.01%
KEYS	C	0.01%
RRX	C	0.01%
EWBC	D	0.01%
FFIV	B	0.01%
CSTL	C	0.01%
BURL	B	0.01%
XNCR	C	0.01%
PBH	B	0.01%
LGND	C	0.01%
ARVN	F	0.01%
VERA	C	0.01%
SNV	C	0.01%
BHE	D	0.01%
ESI	D	0.01%
ADSK	C	0.01%
AME	C	0.01%
EMN	B	0.01%
CNO	B	0.01%
HRMY	B	0.01%
RYTM	B	0.01%
LGF.A	F	0.01%
BZH	B	0.01%
KROS	C	0.01%
VCEL	D	0.01%
EVH	C	0.01%
H	C	0.01%
AIT	A	0.01%
KYMR	C	0.01%
SPTN	C	0.01%
PDCO	F	0.01%
ASH	D	0.01%
CLH	A	0.01%
UWMC	D	0.01%
KO	C	0.01%
PRVA	F	0.01%
NARI	F	0.01%
TRU	B	0.01%
ABNB	D	0.01%
BGS	D	0.01%
HOV	C	0.01%
CE	F	0.01%
NVAX	D	0.01%
DOV	B	0.01%
ATEC	F	0.01%
THO	D	0.01%
ASGN	D	0.01%
URI	B	0.01%
ACLX	B	0.01%
ERIE	B	0.01%
JANX	C	0.01%
CNDT	C	0.01%
LGIH	C	0.01%
CSGP	D	0.01%
NSIT	D	0.01%
PCRX	F	0.01%
TGTX	C	0.01%
VIR	F	0.01%
UFPT	B	0.01%
ARES	B	0.01%
ESAB	C	0.01%
BBWI	F	0.01%
MYGN	C	0.01%
AKAM	D	0.01%
IDYA	F	0.01%
TER	D	0.01%
VRSK	D	0.01%
JNPR	B	0.01%
FTNT	C	0.01%
WCC	D	0.01%
DNLI	C	0.01%
EDR	A	0.01%
MRVL	C	0.01%
EVR	A	0.01%
FHN	D	0.01%
PLXS	A	0.01%
SUPN	C	0.01%
ZION	D	0.01%
ROP	C	0.01%
PANW	D	0.01%
SEE	D	0.01%
AMPH	C	0.01%
EPAM	F	0.01%
MSEX	C	0.01%
AMN	F	0.01%
SCI	B	0.01%
SIGI	D	0.01%
BXP	B	0.01%
WDAY	D	0.01%
PSA	B	0.01%
SCLX	F	0.0%
VIRT	C	0.0%
OABI	D	0.0%
BLFS	C	0.0%
QTRX	D	0.0%
PRME	F	0.0%
ABSI	D	0.0%
ABUS	C	0.0%
CELC	F	0.0%
ALT	D	0.0%
APLT	D	0.0%
LYEL	D	0.0%
ORIC	D	0.0%
CTKB	F	0.0%
FORM	F	0.0%
OLMA	D	0.0%
LQDA	F	0.0%
ALGM	F	0.0%
MNMD	F	0.0%
STOK	C	0.0%
PLAB	F	0.0%
SVRA	D	0.0%
TW	B	0.0%
SIGA	D	0.0%
EYPT	D	0.0%
MSGS	B	0.0%
CRAI	D	0.0%
YMAB	C	0.0%
ALEC	C	0.0%
NUVB	D	0.0%
WSFS	D	0.0%
NDSN	C	0.0%
PHAT	C	0.0%
BSY	D	0.0%
ZEUS	F	0.0%
CNS	B	0.0%
SPRY	C	0.0%
WAFD	C	0.0%
STEP	B	0.0%
UCBI	B	0.0%
IRON	D	0.0%
ITRI	C	0.0%
DFIN	B	0.0%
MMI	C	0.0%
ANAB	C	0.0%
ARCT	F	0.0%
NVEE	F	0.0%
LBPH	D	0.0%
GGG	C	0.0%
HSII	C	0.0%
FHB	D	0.0%
GBCI	B	0.0%
VRDN	C	0.0%
CHH	C	0.0%
HZO	C	0.0%
AZZ	D	0.0%
MLYS	D	0.0%
CATY	C	0.0%
ETNB	F	0.0%
CBT	B	0.0%
PLRX	F	0.0%
GOLF	D	0.0%
COGT	C	0.0%
CBZ	F	0.0%
PCTY	C	0.0%
SAFT	D	0.0%
VCYT	B	0.0%
GIC	D	0.0%
SAVA	C	0.0%
NRIX	C	0.0%
HOMB	B	0.0%
TMCI	F	0.0%
SONO	D	0.0%
CTS	D	0.0%
ONTO	D	0.0%
PLAY	F	0.0%
PTC	D	0.0%
ITT	B	0.0%
TRIP	F	0.0%
OCUL	C	0.0%
MODG	F	0.0%
REYN	C	0.0%
TKO	B	0.0%
DCI	C	0.0%
VCTR	B	0.0%
ROG	F	0.0%
IMNM	D	0.0%
FULT	D	0.0%
BBSI	B	0.0%
TYRA	C	0.0%
SFNC	B	0.0%
CARR	B	0.0%
TKR	D	0.0%
EOLS	C	0.0%
PJT	B	0.0%
IEX	D	0.0%
SFM	B	0.0%
UFCS	D	0.0%
GTES	C	0.0%
FRT	C	0.0%
UVE	C	0.0%
DORM	B	0.0%
PNTG	B	0.0%
ARQT	C	0.0%
RCUS	C	0.0%
SLAB	D	0.0%
ELVN	D	0.0%

HKND Underweight 145 Positions Relative to CLSE

Symbol	Grade	Weight
META	B	-3.15%
CVLT	B	-1.64%
CVNA	B	-1.53%
GOOG	D	-1.22%
DOCU	C	-1.21%
JHG	B	-0.92%
NTNX	C	-0.84%
MO	C	-0.81%
VLO	F	-0.79%
FTDR	B	-0.75%
MPC	F	-0.74%
PPC	D	-0.72%
IDCC	B	-0.7%
CHRW	B	-0.66%
IIPR	B	-0.65%
IESC	C	-0.63%
GVA	B	-0.63%
NEM	B	-0.62%
STRL	B	-0.6%
MUSA	D	-0.59%
XOM	C	-0.58%
TSN	C	-0.57%
PATK	B	-0.55%
PNW	C	-0.55%
NEE	C	-0.55%
MTZ	B	-0.54%
LMT	C	-0.54%
GM	C	-0.54%
PRIM	B	-0.54%
AVA	C	-0.54%
NRG	C	-0.54%
SLVM	B	-0.53%
MWA	B	-0.53%
VST	C	-0.53%
RTX	C	-0.51%
CVX	D	-0.51%
NSA	B	-0.48%
RGLD	C	-0.43%
SAIC	C	-0.4%
MRO	C	-0.39%
SCCO	D	-0.39%
LDOS	B	-0.38%
FCX	D	-0.38%
CTRE	C	-0.36%
DVN	F	-0.35%
GRMN	D	-0.35%
CAT	B	-0.33%
STAG	C	-0.33%
ALSN	B	-0.32%
SM	F	-0.31%
EXP	B	-0.31%
CPNG	B	-0.26%
CCL	C	-0.24%
SPOT	B	-0.13%
QQQ	C	-0.0%
JOBY	F	--0.04%
CAR	F	--0.05%
COLD	D	--0.08%
FOXF	D	--0.08%
AES	C	--0.08%
DRVN	C	--0.1%
WOR	D	--0.1%
WTW	C	--0.1%
MCW	F	--0.1%
VMC	D	--0.11%
ACVA	B	--0.11%
DRI	B	--0.11%
VFC	C	--0.12%
VAL	F	--0.12%
AAL	D	--0.12%
AA	D	--0.12%
PPBI	D	--0.14%
CHK	D	--0.15%
RBLX	B	--0.15%
AESI	C	--0.15%
PYCR	D	--0.15%
PCH	C	--0.16%
BIRK	F	--0.16%
KRG	B	--0.16%
UEC	D	--0.17%
GTLS	F	--0.17%
KNSL	C	--0.18%
XPO	D	--0.18%
HI	F	--0.18%
BE	F	--0.19%
BANC	B	--0.19%
CZR	C	--0.19%
WY	C	--0.19%
CNH	D	--0.19%
LAD	D	--0.19%
TMDX	C	--0.2%
AVAV	C	--0.2%
WOLF	F	--0.2%
LUV	C	--0.21%
GPOR	D	--0.21%
SOFI	C	--0.21%
BX	B	--0.21%
RNR	C	--0.22%
SHC	C	--0.22%
CNX	B	--0.22%
RBA	B	--0.22%
SW	B	--0.23%
IPAR	F	--0.23%
DLTR	F	--0.23%
PTEN	F	--0.24%
SUM	D	--0.24%
OKE	B	--0.24%
AL	D	--0.26%
FLYW	F	--0.26%
EQT	D	--0.26%
WSC	D	--0.26%
VVV	D	--0.27%
HASI	C	--0.27%
CELH	F	--0.28%
NEOG	D	--0.29%
LW	D	--0.29%
FIVN	F	--0.3%
MNST	D	--0.31%
SRE	C	--0.33%
EVTC	D	--0.33%
D	C	--0.34%
MARA	F	--0.35%
ZI	D	--0.36%
GE	B	--0.36%
LVS	D	--0.36%
KLIC	F	--0.36%
AFRM	C	--0.36%
RIOT	F	--0.38%
BA	F	--0.38%
PATH	D	--0.39%
BRZE	F	--0.4%
MKTX	C	--0.4%
RIVN	F	--0.41%
CCOI	C	--0.43%
CGNX	F	--0.43%
GLOB	D	--0.48%
LSCC	D	--0.5%
MDB	D	--0.5%
CFLT	F	--0.5%
BILL	D	--0.5%
DV	F	--0.5%
RH	B	--0.56%
LBRDK	F	--0.58%
U	D	--0.6%
LITE	B	--0.69%