HKND vs. FLQL ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Franklin LibertyQ U.S. Equity ETF (FLQL)

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

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$59.85

Average Daily Volume

76,630

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	HKND	FLQL
30 Days	1.63%	2.44%
60 Days	0.72%	3.55%
90 Days	1.42%	4.50%
12 Months	19.65%	31.26%

128 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in FLQL	Overlap
AAPL	C	2.18%	7.0%	2.18%
ABBV	D	1.67%	1.33%	1.33%
ADI	D	0.04%	0.32%	0.04%
AFL	B	0.09%	0.23%	0.09%
AMAT	F	0.14%	0.96%	0.14%
AMGN	D	0.96%	1.05%	0.96%
AMZN	C	0.68%	2.92%	0.68%
ANET	C	0.02%	0.77%	0.02%
APH	A	0.05%	0.6%	0.05%
APP	B	0.02%	0.42%	0.02%
AVB	B	0.07%	0.1%	0.07%
AVGO	D	0.12%	1.77%	0.12%
AVT	C	0.02%	0.09%	0.02%
AYI	B	0.06%	0.12%	0.06%
BBY	D	0.25%	0.11%	0.11%
BKNG	A	0.08%	1.19%	0.08%
BSX	B	0.76%	0.84%	0.76%
C	A	0.44%	0.97%	0.44%
CF	B	0.98%	0.11%	0.11%
CFG	B	0.04%	0.13%	0.04%
CHE	D	0.02%	0.09%	0.02%
CI	F	1.0%	0.56%	0.56%
CL	D	1.18%	0.52%	0.52%
CLH	B	0.01%	0.1%	0.01%
CMI	A	0.06%	0.26%	0.06%
COST	B	0.11%	1.7%	0.11%
CRUS	D	0.0%	0.07%	0.0%
CSL	C	0.03%	0.15%	0.03%
CTAS	B	0.04%	0.46%	0.04%
CTSH	B	0.08%	0.24%	0.08%
DELL	C	1.11%	0.19%	0.19%
DGX	A	0.62%	0.1%	0.1%
DHI	D	0.14%	0.36%	0.14%
DKS	C	0.02%	0.1%	0.02%
DVA	B	0.13%	0.1%	0.1%
EBAY	D	0.05%	0.17%	0.05%
EHC	B	0.08%	0.1%	0.08%
ELV	F	0.32%	0.28%	0.28%
EME	C	0.02%	0.12%	0.02%
EMN	D	0.01%	0.1%	0.01%
ESS	B	0.04%	0.11%	0.04%
EVR	B	0.02%	0.12%	0.02%
EXR	D	0.0%	0.11%	0.0%
FAST	B	0.03%	0.33%	0.03%
FICO	B	0.01%	0.17%	0.01%
FIX	A	0.01%	0.12%	0.01%
FOX	A	0.07%	0.11%	0.07%
GAP	C	0.02%	0.09%	0.02%
GLW	B	0.11%	0.19%	0.11%
GOOGL	C	4.19%	2.04%	2.04%
GS	A	0.39%	0.6%	0.39%
GWW	B	0.06%	0.38%	0.06%
HCA	F	0.85%	0.49%	0.49%
HIG	B	0.1%	0.19%	0.1%
HLT	A	0.03%	0.33%	0.03%
HPE	B	0.22%	0.21%	0.21%
HPQ	B	0.79%	0.29%	0.29%
HRB	D	0.01%	0.09%	0.01%
IBM	C	0.25%	1.31%	0.25%
INGR	B	0.53%	0.1%	0.1%
IRM	D	0.01%	0.18%	0.01%
ISRG	A	0.35%	1.3%	0.35%
JEF	A	0.05%	0.12%	0.05%
JNJ	D	1.97%	1.55%	1.55%
JNPR	F	0.01%	0.09%	0.01%
JPM	A	0.77%	1.23%	0.77%
K	A	0.26%	0.1%	0.1%
KEX	C	0.01%	0.1%	0.01%
KLAC	D	0.04%	0.67%	0.04%
KMB	D	0.09%	0.14%	0.09%
LAMR	D	0.01%	0.1%	0.01%
LEN	D	0.14%	0.09%	0.09%
LEN	D	0.14%	0.3%	0.14%
LLY	F	1.74%	1.31%	1.31%
LNC	B	0.05%	0.11%	0.05%
LRCX	F	0.09%	0.66%	0.09%
MA	C	0.12%	1.79%	0.12%
MAS	D	0.02%	0.12%	0.02%
MCHP	D	0.02%	0.23%	0.02%
MCO	B	0.03%	0.56%	0.03%
MEDP	D	0.04%	0.08%	0.04%
MPWR	F	0.0%	0.09%	0.0%
MRK	F	1.52%	1.21%	1.21%
MSFT	F	2.38%	5.96%	2.38%
MSI	B	0.03%	0.58%	0.03%
MTG	C	0.01%	0.09%	0.01%
NTAP	C	0.03%	0.21%	0.03%
NVDA	C	0.11%	6.71%	0.11%
NVR	D	0.05%	0.19%	0.05%
O	D	0.01%	0.15%	0.01%
OGN	D	0.08%	0.07%	0.07%
OMC	C	0.05%	0.09%	0.05%
ORCL	B	0.22%	0.88%	0.22%
PH	A	0.04%	0.52%	0.04%
PHM	D	0.07%	0.22%	0.07%
PSA	D	0.01%	0.38%	0.01%
QCOM	F	0.14%	1.22%	0.14%
R	B	0.02%	0.11%	0.02%
REGN	F	0.41%	0.59%	0.41%
RGA	A	0.06%	0.11%	0.06%
RMD	C	0.19%	0.13%	0.13%
RSG	A	0.04%	0.31%	0.04%
SNX	C	0.06%	0.09%	0.06%
SPG	B	0.03%	0.46%	0.03%
SSNC	B	0.02%	0.09%	0.02%
SWKS	F	0.02%	0.09%	0.02%
SYF	B	0.09%	0.21%	0.09%
SYK	C	1.2%	0.94%	0.94%
T	A	0.89%	1.07%	0.89%
TER	D	0.01%	0.08%	0.01%
THC	D	0.32%	0.11%	0.11%
TJX	A	0.07%	0.95%	0.07%
TMUS	B	0.44%	0.59%	0.44%
TNL	A	0.01%	0.12%	0.01%
TOL	B	0.05%	0.13%	0.05%
TSCO	D	0.02%	0.15%	0.02%
TSLA	B	0.21%	1.13%	0.21%
TXN	C	0.1%	1.24%	0.1%
UHS	D	0.18%	0.1%	0.1%
UNH	C	0.96%	0.52%	0.52%
URI	B	0.01%	0.38%	0.01%
UTHR	C	0.09%	0.12%	0.09%
VRTX	F	0.61%	0.92%	0.61%
VZ	C	0.86%	1.24%	0.86%
WM	A	0.06%	0.67%	0.06%
WMT	A	1.15%	1.68%	1.15%
WSO	A	0.03%	0.13%	0.03%
WU	D	0.02%	0.09%	0.02%

HKND Overweight 833 Positions Relative to FLQL

Symbol	Grade	Weight
PG	A	3.88%
DE	A	1.95%
INTC	D	1.8%
MOS	F	1.63%
CTVA	C	1.43%
PFE	D	1.42%
ADM	D	1.37%
BDX	F	1.09%
ABT	B	1.09%
BMY	B	1.05%
LH	C	0.93%
GEHC	F	0.9%
ECL	D	0.89%
GILD	C	0.85%
BG	F	0.82%
TMO	F	0.75%
CMCSA	B	0.71%
BAX	D	0.7%
FMC	D	0.66%
AGCO	D	0.66%
BAC	A	0.59%
FDP	B	0.57%
WFC	A	0.53%
MCK	B	0.52%
DHR	F	0.51%
SJM	D	0.46%
MS	A	0.45%
ZBH	C	0.45%
IQV	D	0.43%
KVUE	A	0.43%
CVS	D	0.43%
HD	A	0.4%
PEP	F	0.38%
CHD	B	0.37%
AWK	D	0.34%
COR	B	0.34%
CAH	B	0.33%
VLTO	D	0.32%
CAG	D	0.31%
DD	D	0.31%
MDLZ	F	0.29%
SPB	C	0.29%
J	F	0.28%
EW	C	0.28%
FELE	B	0.27%
HOLX	D	0.26%
GIS	D	0.26%
CNC	D	0.26%
LOW	D	0.25%
VTRS	A	0.25%
DIS	B	0.24%
CLX	B	0.24%
BIIB	F	0.24%
AXP	A	0.23%
HUM	C	0.23%
AIG	B	0.23%
KR	B	0.23%
PGR	A	0.22%
ALL	A	0.22%
WBA	F	0.21%
MET	A	0.21%
COF	B	0.2%
CHTR	C	0.2%
ZWS	B	0.19%
CSCO	B	0.19%
PRU	A	0.18%
TRV	B	0.18%
SOLV	C	0.17%
DOW	F	0.17%
V	A	0.17%
LUMN	C	0.15%
MRNA	F	0.15%
ENOV	C	0.15%
A	D	0.14%
USB	A	0.14%
TFX	F	0.14%
DXCM	D	0.14%
FSLR	F	0.14%
CTLT	B	0.14%
JBL	B	0.14%
AIZ	A	0.13%
TGT	F	0.13%
PNC	B	0.12%
BLK	C	0.12%
MU	D	0.12%
BK	A	0.12%
CBRE	B	0.12%
MMC	B	0.12%
AVTR	F	0.12%
HSIC	B	0.12%
TFC	A	0.11%
RVTY	F	0.11%
SEM	B	0.11%
TITN	C	0.11%
INCY	C	0.11%
STT	A	0.1%
NFLX	A	0.1%
WDC	D	0.1%
CRM	B	0.1%
RPRX	D	0.1%
RDNT	B	0.1%
PYPL	B	0.1%
IART	C	0.1%
AHCO	F	0.1%
ILMN	D	0.1%
FTRE	D	0.1%
MASI	A	0.1%
ICUI	D	0.1%
PODD	C	0.09%
DFS	B	0.09%
MAN	D	0.09%
SCHW	B	0.09%
FLO	D	0.09%
AMP	A	0.09%
BIO	D	0.09%
ALNY	D	0.09%
CRL	C	0.09%
EMBC	C	0.08%
RUN	F	0.08%
DXC	B	0.08%
UAN	B	0.08%
KD	B	0.08%
WTRG	B	0.08%
ITGR	B	0.08%
ACM	A	0.08%
WBD	C	0.08%
ALG	B	0.08%
LXU	B	0.08%
GMED	A	0.07%
MOH	F	0.07%
NBIX	C	0.07%
ACI	C	0.07%
SYY	B	0.07%
FI	A	0.07%
RJF	A	0.07%
SQ	B	0.07%
EQR	B	0.07%
BMRN	D	0.07%
WST	C	0.07%
CPB	D	0.07%
CWT	D	0.07%
WAT	B	0.07%
ENPH	F	0.07%
MMSI	B	0.07%
FNF	B	0.07%
ADP	B	0.07%
MTD	D	0.07%
HAE	C	0.07%
POST	C	0.07%
UNFI	A	0.06%
BERY	B	0.06%
HSY	F	0.06%
GXO	B	0.06%
MKL	A	0.06%
VTR	C	0.06%
EQH	B	0.06%
L	A	0.06%
EXEL	B	0.06%
MMM	D	0.06%
PFG	D	0.06%
CNMD	C	0.06%
AMD	F	0.06%
CRBG	B	0.06%
CDW	F	0.06%
TECH	D	0.06%
MAR	B	0.06%
FAF	A	0.05%
SUI	D	0.05%
JLL	D	0.05%
INVH	D	0.05%
MAA	B	0.05%
LBRDA	C	0.05%
SHW	A	0.05%
SJW	D	0.05%
BRKR	D	0.05%
FITB	A	0.05%
WHR	B	0.05%
ADBE	C	0.05%
ROKU	D	0.05%
EXPE	B	0.05%
WLK	D	0.05%
OPK	C	0.05%
LPLA	A	0.05%
SRPT	D	0.05%
SMG	D	0.05%
PEN	B	0.05%
IFF	D	0.05%
HUN	F	0.04%
LNN	B	0.04%
ZBRA	B	0.04%
SNEX	B	0.04%
BEN	C	0.04%
AFG	A	0.04%
AZO	C	0.04%
GPN	B	0.04%
APO	B	0.04%
RHI	B	0.04%
LYV	A	0.04%
FIS	C	0.04%
TMHC	B	0.04%
GME	C	0.04%
RVMD	C	0.04%
PCVX	D	0.04%
RF	A	0.04%
ORI	A	0.04%
SCSC	B	0.04%
ITCI	C	0.04%
AJG	B	0.04%
OMI	F	0.04%
NOVT	D	0.04%
AVNS	F	0.04%
MD	B	0.04%
TTC	D	0.04%
ORLY	B	0.04%
EMR	A	0.04%
KEY	B	0.04%
CR	A	0.04%
GPC	D	0.04%
MTB	A	0.04%
TDS	B	0.04%
AWR	B	0.04%
WMG	C	0.04%
WRB	A	0.04%
FYBR	D	0.04%
MKC	D	0.04%
TROW	B	0.04%
KLG	C	0.04%
UNM	A	0.04%
CINF	A	0.04%
ALLY	C	0.04%
NTRS	A	0.04%
TWI	F	0.03%
EL	F	0.03%
LNTH	D	0.03%
CME	A	0.03%
CORT	B	0.03%
USM	B	0.03%
WELL	A	0.03%
OPCH	D	0.03%
ZG	A	0.03%
KMPR	B	0.03%
HALO	F	0.03%
KBH	D	0.03%
JXN	C	0.03%
ON	D	0.03%
HWKN	B	0.03%
THG	A	0.03%
SMMT	D	0.03%
WTS	B	0.03%
ENSG	D	0.03%
NEO	C	0.03%
GNW	A	0.03%
MIDD	C	0.03%
SGRY	F	0.03%
IONS	F	0.03%
CPT	B	0.03%
CHWY	B	0.03%
ITW	B	0.03%
CYTK	F	0.03%
SPGI	C	0.03%
VOYA	B	0.03%
AMH	D	0.03%
ICE	C	0.03%
OFIX	B	0.03%
AMT	D	0.03%
ELS	C	0.03%
EXAS	D	0.03%
SF	B	0.03%
UPS	C	0.03%
RS	B	0.03%
AMRX	C	0.03%
ENR	B	0.03%
INTU	C	0.03%
IPG	D	0.03%
KDP	D	0.03%
DAR	C	0.03%
IRDM	D	0.03%
NWS	B	0.03%
REZI	A	0.03%
IT	C	0.03%
CG	A	0.03%
PPG	F	0.03%
UDR	B	0.03%
LKQ	D	0.03%
BPMC	C	0.03%
SWK	D	0.03%
IVZ	B	0.03%
SANM	B	0.03%
HBAN	A	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%
ULTA	F	0.02%
NTRA	B	0.02%
SEE	C	0.02%
MSEX	B	0.02%
ALGN	D	0.02%
STC	B	0.02%
JANX	C	0.02%
DNLI	D	0.02%
SCI	B	0.02%
BXP	D	0.02%
WDAY	B	0.02%
AIT	A	0.02%
ACLX	C	0.02%
PCRX	C	0.02%
HST	C	0.02%
ARES	A	0.02%
EWTX	C	0.02%
UTZ	D	0.02%
SIGI	C	0.02%
SRRK	B	0.02%
PANW	C	0.02%
NATL	B	0.02%
VRT	B	0.02%
RARE	D	0.02%
GL	B	0.02%
TGTX	B	0.02%
KELYA	F	0.02%
CCS	D	0.02%
EPAM	C	0.02%
IDXX	F	0.02%
ATR	B	0.02%
FTNT	C	0.02%
ADTN	A	0.02%
CENTA	C	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%
SNPS	B	0.02%
PLXS	B	0.02%
MRVL	B	0.02%
CCI	D	0.02%
ADV	D	0.02%
PFSI	D	0.02%
COOP	B	0.02%
WCC	B	0.02%
ZION	B	0.02%
SMPL	B	0.02%
ATEC	C	0.02%
TPH	D	0.02%
KRYS	B	0.02%
OTIS	C	0.02%
ENTG	D	0.02%
BR	A	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%
CMA	A	0.02%
NDAQ	A	0.02%
PTCT	B	0.02%
BRO	B	0.02%
EA	A	0.02%
APD	A	0.02%
LECO	B	0.02%
XRX	F	0.02%
JJSF	B	0.02%
DLR	B	0.02%
COMP	B	0.02%
BLDR	D	0.02%
ROK	B	0.02%
IBKR	A	0.02%
MMS	F	0.02%
TNET	D	0.02%
OPEN	D	0.02%
OMF	A	0.02%
BBIO	F	0.02%
TPG	A	0.02%
AMED	F	0.02%
GFS	C	0.02%
MDGL	B	0.02%
PWR	A	0.02%
SIRI	C	0.02%
TNDM	F	0.02%
FLGT	F	0.02%
ROST	C	0.02%
RKT	F	0.02%
PAYX	C	0.02%
EQIX	A	0.02%
ATRC	C	0.02%
PLD	D	0.02%
UNP	C	0.02%
NOW	A	0.02%
ARW	D	0.02%
NUVL	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%
NSC	B	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%
IEX	B	0.01%
PLAY	D	0.01%
USPH	B	0.01%
SATS	D	0.01%
REG	B	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%
TYL	B	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%
QRVO	F	0.01%
WPC	D	0.01%
BKU	A	0.01%
ANSS	B	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	C	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%
XYL	D	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%
RCKT	F	0.01%
SNDX	F	0.01%
KNF	A	0.01%
HWC	B	0.01%
VEEV	C	0.01%
HMN	B	0.01%
AKRO	B	0.01%
CE	F	0.01%
SKY	A	0.01%
AMN	F	0.01%
PRG	C	0.01%
TDC	D	0.01%
UWMC	D	0.01%
ARDX	F	0.01%
SNA	A	0.01%
MYGN	F	0.01%
HGV	B	0.01%
BRC	D	0.01%
FDS	B	0.01%
VRSN	F	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%
SBAC	D	0.01%
SMCI	F	0.01%
IAC	D	0.01%
TCBI	B	0.01%
UMBF	B	0.01%
HTH	B	0.01%
FND	C	0.01%
JKHY	D	0.01%
CXT	B	0.01%
CBSH	A	0.01%
ENS	D	0.01%
SSYS	C	0.01%
COLL	F	0.01%
CSX	B	0.01%
KWR	C	0.01%
DAY	B	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%
MSM	C	0.01%
SITE	D	0.01%
AOS	F	0.01%
UPBD	B	0.01%
BEAM	D	0.01%
JBSS	D	0.01%
DOC	D	0.01%
IOSP	B	0.01%
IR	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%
MSCI	C	0.01%
UNF	B	0.01%
ADUS	D	0.01%
INVA	D	0.01%
UI	A	0.01%
ARE	D	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%
PAYC	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%
KO	D	0.01%
HUBB	B	0.01%
AXTA	A	0.01%
BCC	B	0.01%
AGIO	C	0.01%
CPRX	C	0.01%
IRWD	F	0.01%
KIM	A	0.01%
FNA	C	0.01%
KFY	B	0.01%
FTV	C	0.01%
BGC	C	0.01%
ASH	D	0.01%
ARVN	D	0.01%
TWST	D	0.01%
ALB	C	0.01%
LMAT	A	0.01%
CDNS	B	0.01%
IDYA	F	0.01%
HOV	D	0.01%
CNXC	F	0.01%
NHC	C	0.01%
WTFC	A	0.01%
KEYS	A	0.01%
BURL	A	0.01%
TGNA	B	0.01%
TTWO	A	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%
CSGP	D	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%
TRU	D	0.01%
AKAM	D	0.01%
H	B	0.01%
ASGN	F	0.01%
DVAX	C	0.01%
FCNCA	A	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%
COIN	C	0.01%
FFIV	B	0.01%
NXST	C	0.01%
AME	A	0.01%
TRMB	B	0.01%
NARI	C	0.01%
EEFT	B	0.01%
ADSK	A	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%
GEN	B	0.01%
TTEK	F	0.01%
EWBC	A	0.01%
AMG	B	0.01%
FDX	B	0.01%
PRVA	B	0.01%
VCEL	B	0.01%
CIEN	B	0.01%
SNV	B	0.01%
DOV	A	0.01%
LILAK	D	0.01%
VERA	B	0.01%
ABNB	C	0.01%
CNDT	C	0.01%
VRSK	A	0.01%
VIR	D	0.01%
ROP	B	0.01%
COHR	B	0.01%
AMPH	D	0.01%
EDR	A	0.01%
FOLD	F	0.01%
EFX	F	0.01%
HAIN	C	0.01%
VAC	B	0.01%
FCN	D	0.01%
SWTX	C	0.01%
GDDY	A	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%
BSY	D	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%
KIDS	D	0.0%
ANF	C	0.0%
SIBN	F	0.0%
TRIP	F	0.0%
TTD	B	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%
PTC	A	0.0%
HSII	B	0.0%
CATY	B	0.0%
YORW	D	0.0%
POOL	C	0.0%
SLAB	D	0.0%
CARR	D	0.0%
GBCI	B	0.0%

HKND Underweight 82 Positions Relative to FLQL

Symbol	Grade	Weight
META	D	-2.48%
GOOG	C	-1.73%
CAT	B	-1.27%
BRK.A	B	-1.11%
MO	A	-0.85%
PM	B	-0.71%
TT	A	-0.65%
XOM	B	-0.63%
CMG	B	-0.57%
CB	C	-0.56%
RTX	C	-0.5%
PCAR	B	-0.44%
LMT	D	-0.4%
GD	F	-0.39%
GM	B	-0.35%
SO	D	-0.29%
ACGL	D	-0.26%
HWM	A	-0.25%
GRMN	B	-0.25%
SPOT	B	-0.22%
PEG	A	-0.22%
DECK	A	-0.22%
DAL	C	-0.2%
FANG	D	-0.2%
LDOS	C	-0.17%
WAB	B	-0.17%
RCL	A	-0.17%
LYB	F	-0.16%
TPL	A	-0.16%
ETR	B	-0.16%
STLD	B	-0.16%
PKG	A	-0.15%
LII	A	-0.15%
WSM	B	-0.15%
OC	A	-0.13%
IP	B	-0.13%
NRG	B	-0.12%
AWI	A	-0.12%
RL	B	-0.12%
ALSN	B	-0.12%
DTM	B	-0.12%
AXS	A	-0.11%
BJ	A	-0.11%
MUSA	A	-0.11%
FOXA	B	-0.11%
PPC	C	-0.11%
CW	B	-0.11%
DPZ	C	-0.11%
LOPE	B	-0.11%
CASY	A	-0.11%
G	B	-0.11%
TXRH	C	-0.11%
JHG	A	-0.11%
UGI	A	-0.1%
OHI	C	-0.1%
ROL	B	-0.1%
SCCO	F	-0.1%
NFG	A	-0.1%
ADC	B	-0.1%
VICI	C	-0.1%
KRC	C	-0.1%
RGLD	C	-0.1%
CHRW	C	-0.1%
CUZ	B	-0.1%
AMCR	D	-0.09%
NNN	D	-0.09%
EPR	D	-0.09%
PK	B	-0.09%
CACI	D	-0.09%
NEU	C	-0.09%
GPK	C	-0.09%
GLPI	C	-0.09%
M	D	-0.09%
HIW	D	-0.09%
APA	D	-0.08%
CRI	D	-0.08%
WING	D	-0.08%
COKE	C	-0.08%
CIVI	D	-0.08%
DVN	F	-0.08%
CROX	D	-0.07%
MDU	D	-0.07%