HKND vs. HELO ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

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

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	HKND	HELO
30 Days	1.63%	1.57%
60 Days	0.72%	3.39%
90 Days	1.42%	4.59%
12 Months	19.65%	20.91%

113 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in HELO	Overlap
AAPL	C	2.18%	6.83%	2.18%
ABBV	D	1.67%	1.14%	1.14%
ABT	B	1.09%	0.19%	0.19%
ADBE	C	0.05%	0.18%	0.05%
ADI	D	0.04%	0.72%	0.04%
AMD	F	0.06%	0.45%	0.06%
AME	A	0.01%	0.06%	0.01%
AMP	A	0.09%	0.2%	0.09%
AMZN	C	0.68%	4.5%	0.68%
ANET	C	0.02%	0.15%	0.02%
AVGO	D	0.12%	1.02%	0.12%
AXP	A	0.23%	0.21%	0.21%
AZO	C	0.04%	0.65%	0.04%
BAC	A	0.59%	1.26%	0.59%
BAX	D	0.7%	0.06%	0.06%
BBY	D	0.25%	0.2%	0.2%
BIIB	F	0.24%	0.12%	0.12%
BKNG	A	0.08%	0.75%	0.08%
BMRN	D	0.07%	0.03%	0.03%
BMY	B	1.05%	0.68%	0.68%
BSX	B	0.76%	0.52%	0.52%
BURL	A	0.01%	0.24%	0.01%
C	A	0.44%	0.3%	0.3%
CARR	D	0.0%	0.46%	0.0%
CDNS	B	0.01%	0.17%	0.01%
CHD	B	0.37%	0.3%	0.3%
CHTR	C	0.2%	0.25%	0.2%
CI	F	1.0%	0.34%	0.34%
CMCSA	B	0.71%	0.71%	0.71%
CME	A	0.03%	0.59%	0.03%
COST	B	0.11%	0.53%	0.11%
CRM	B	0.1%	1.15%	0.1%
CSX	B	0.01%	0.41%	0.01%
CTSH	B	0.08%	0.49%	0.08%
DE	A	1.95%	0.68%	0.68%
DHR	F	0.51%	0.44%	0.44%
DIS	B	0.24%	0.31%	0.24%
DLR	B	0.02%	0.39%	0.02%
DOW	F	0.17%	0.35%	0.17%
EL	F	0.03%	0.05%	0.03%
ELS	C	0.03%	0.19%	0.03%
EQIX	A	0.02%	0.07%	0.02%
EXPE	B	0.05%	0.29%	0.05%
FDX	B	0.01%	0.33%	0.01%
FICO	B	0.01%	0.12%	0.01%
FIS	C	0.04%	0.52%	0.04%
FITB	A	0.05%	0.48%	0.05%
GOOGL	C	4.19%	2.09%	2.09%
GS	A	0.39%	0.75%	0.39%
HCA	F	0.85%	0.11%	0.11%
HLT	A	0.03%	0.36%	0.03%
HPE	B	0.22%	0.18%	0.18%
HUM	C	0.23%	0.16%	0.16%
INTU	C	0.03%	0.51%	0.03%
IR	B	0.01%	0.23%	0.01%
JNJ	D	1.97%	0.51%	0.51%
KO	D	0.01%	0.63%	0.01%
KVUE	A	0.43%	0.26%	0.26%
LEN	D	0.14%	0.14%	0.14%
LKQ	D	0.03%	0.02%	0.02%
LLY	F	1.74%	1.07%	1.07%
LOW	D	0.25%	0.99%	0.25%
LRCX	F	0.09%	0.37%	0.09%
MA	C	0.12%	1.72%	0.12%
MAS	D	0.02%	0.23%	0.02%
MCK	B	0.52%	0.16%	0.16%
MDLZ	F	0.29%	0.72%	0.29%
MET	A	0.21%	0.3%	0.21%
MMC	B	0.12%	0.14%	0.12%
MRK	F	1.52%	0.24%	0.24%
MRVL	B	0.02%	0.06%	0.02%
MSFT	F	2.38%	7.13%	2.38%
MSI	B	0.03%	0.17%	0.03%
MU	D	0.12%	0.57%	0.12%
NBIX	C	0.07%	0.08%	0.07%
NOW	A	0.02%	0.94%	0.02%
NVDA	C	0.11%	7.8%	0.11%
ORCL	B	0.22%	0.36%	0.22%
OTIS	C	0.02%	0.5%	0.02%
PEP	F	0.38%	0.83%	0.38%
PFG	D	0.06%	0.13%	0.06%
PG	A	3.88%	0.14%	0.14%
PGR	A	0.22%	0.75%	0.22%
PLD	D	0.02%	0.5%	0.02%
PPG	F	0.03%	0.21%	0.03%
REGN	F	0.41%	0.45%	0.41%
ROST	C	0.02%	0.44%	0.02%
SBAC	D	0.01%	0.31%	0.01%
SCHW	B	0.09%	0.42%	0.09%
SIRI	C	0.02%	0.07%	0.02%
SQ	B	0.07%	0.14%	0.07%
SRPT	D	0.05%	0.03%	0.03%
SYK	C	1.2%	0.76%	0.76%
T	A	0.89%	0.18%	0.18%
TFC	A	0.11%	0.56%	0.11%
TGT	F	0.13%	0.14%	0.13%
TMO	F	0.75%	0.89%	0.75%
TMUS	B	0.44%	0.17%	0.17%
TRV	B	0.18%	0.34%	0.18%
TSLA	B	0.21%	1.58%	0.21%
TXN	C	0.1%	0.87%	0.1%
UNH	C	0.96%	1.62%	0.96%
UNP	C	0.02%	0.17%	0.02%
UPS	C	0.03%	0.54%	0.03%
URI	B	0.01%	0.13%	0.01%
USB	A	0.14%	0.33%	0.14%
V	A	0.17%	1.49%	0.17%
VRTX	F	0.61%	0.6%	0.6%
VTR	C	0.06%	0.39%	0.06%
WDC	D	0.1%	0.18%	0.1%
WELL	A	0.03%	0.27%	0.03%
WFC	A	0.53%	1.0%	0.53%
WMG	C	0.04%	0.1%	0.04%

HKND Overweight 847 Positions Relative to HELO

Symbol	Grade	Weight
INTC	D	1.8%
MOS	F	1.63%
CTVA	C	1.43%
PFE	D	1.42%
ADM	D	1.37%
CL	D	1.18%
WMT	A	1.15%
DELL	C	1.11%
BDX	F	1.09%
CF	B	0.98%
AMGN	D	0.96%
LH	C	0.93%
GEHC	F	0.9%
ECL	D	0.89%
VZ	C	0.86%
GILD	C	0.85%
BG	F	0.82%
HPQ	B	0.79%
JPM	A	0.77%
FMC	D	0.66%
AGCO	D	0.66%
DGX	A	0.62%
FDP	B	0.57%
INGR	B	0.53%
SJM	D	0.46%
MS	A	0.45%
ZBH	C	0.45%
IQV	D	0.43%
CVS	D	0.43%
HD	A	0.4%
ISRG	A	0.35%
AWK	D	0.34%
COR	B	0.34%
CAH	B	0.33%
THC	D	0.32%
ELV	F	0.32%
VLTO	D	0.32%
CAG	D	0.31%
DD	D	0.31%
SPB	C	0.29%
J	F	0.28%
EW	C	0.28%
FELE	B	0.27%
HOLX	D	0.26%
GIS	D	0.26%
K	A	0.26%
CNC	D	0.26%
IBM	C	0.25%
VTRS	A	0.25%
CLX	B	0.24%
AIG	B	0.23%
KR	B	0.23%
ALL	A	0.22%
WBA	F	0.21%
COF	B	0.2%
ZWS	B	0.19%
CSCO	B	0.19%
RMD	C	0.19%
PRU	A	0.18%
UHS	D	0.18%
SOLV	C	0.17%
LUMN	C	0.15%
MRNA	F	0.15%
ENOV	C	0.15%
A	D	0.14%
TFX	F	0.14%
DXCM	D	0.14%
FSLR	F	0.14%
CTLT	B	0.14%
DHI	D	0.14%
AMAT	F	0.14%
QCOM	F	0.14%
JBL	B	0.14%
DVA	B	0.13%
AIZ	A	0.13%
PNC	B	0.12%
BLK	C	0.12%
BK	A	0.12%
CBRE	B	0.12%
AVTR	F	0.12%
HSIC	B	0.12%
GLW	B	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%
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%
HIG	B	0.1%
MASI	A	0.1%
ICUI	D	0.1%
AFL	B	0.09%
PODD	C	0.09%
DFS	B	0.09%
MAN	D	0.09%
UTHR	C	0.09%
FLO	D	0.09%
KMB	D	0.09%
BIO	D	0.09%
ALNY	D	0.09%
CRL	C	0.09%
SYF	B	0.09%
EMBC	C	0.08%
RUN	F	0.08%
DXC	B	0.08%
UAN	B	0.08%
EHC	B	0.08%
KD	B	0.08%
OGN	D	0.08%
WTRG	B	0.08%
ITGR	B	0.08%
ACM	A	0.08%
WBD	C	0.08%
ALG	B	0.08%
LXU	B	0.08%
AVB	B	0.07%
GMED	A	0.07%
TJX	A	0.07%
MOH	F	0.07%
ACI	C	0.07%
FOX	A	0.07%
SYY	B	0.07%
FI	A	0.07%
RJF	A	0.07%
PHM	D	0.07%
EQR	B	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%
EQH	B	0.06%
L	A	0.06%
WM	A	0.06%
CMI	A	0.06%
SNX	C	0.06%
GWW	B	0.06%
EXEL	B	0.06%
MMM	D	0.06%
CNMD	C	0.06%
AYI	B	0.06%
CRBG	B	0.06%
CDW	F	0.06%
TECH	D	0.06%
MAR	B	0.06%
RGA	A	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%
JEF	A	0.05%
BRKR	D	0.05%
NVR	D	0.05%
WHR	B	0.05%
ROKU	D	0.05%
WLK	D	0.05%
TOL	B	0.05%
OPK	C	0.05%
APH	A	0.05%
LNC	B	0.05%
LPLA	A	0.05%
OMC	C	0.05%
SMG	D	0.05%
PEN	B	0.05%
IFF	D	0.05%
EBAY	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%
RSG	A	0.04%
GPN	B	0.04%
APO	B	0.04%
RHI	B	0.04%
LYV	A	0.04%
TMHC	B	0.04%
GME	C	0.04%
MEDP	D	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%
CFG	B	0.04%
TTC	D	0.04%
ORLY	B	0.04%
CTAS	B	0.04%
EMR	A	0.04%
KEY	B	0.04%
ESS	B	0.04%
CR	A	0.04%
PH	A	0.04%
GPC	D	0.04%
MTB	A	0.04%
TDS	B	0.04%
AWR	B	0.04%
KLAC	D	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%
LNTH	D	0.03%
CORT	B	0.03%
WSO	A	0.03%
USM	B	0.03%
MCO	B	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%
CSL	C	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%
FAST	B	0.03%
CYTK	F	0.03%
SPGI	C	0.03%
VOYA	B	0.03%
SPG	B	0.03%
AMH	D	0.03%
ICE	C	0.03%
OFIX	B	0.03%
AMT	D	0.03%
EXAS	D	0.03%
SF	B	0.03%
RS	B	0.03%
AMRX	C	0.03%
ENR	B	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%
NTAP	C	0.03%
UDR	B	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%
APP	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%
AVT	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%
SWKS	F	0.02%
ADTN	A	0.02%
CENTA	C	0.02%
EVR	B	0.02%
ESAB	B	0.02%
AAP	C	0.02%
GKOS	B	0.02%
APLS	D	0.02%
DOX	D	0.02%
INSM	C	0.02%
MHO	D	0.02%
THS	D	0.02%
FHN	A	0.02%
AXSM	B	0.02%
SNPS	B	0.02%
PLXS	B	0.02%
CCI	D	0.02%
ADV	D	0.02%
R	B	0.02%
PFSI	D	0.02%
COOP	B	0.02%
WCC	B	0.02%
ZION	B	0.02%
TSCO	D	0.02%
DKS	C	0.02%
SMPL	B	0.02%
ATEC	C	0.02%
TPH	D	0.02%
KRYS	B	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%
GAP	C	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%
MCHP	D	0.02%
JJSF	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%
WU	D	0.02%
OPEN	D	0.02%
OMF	A	0.02%
SSNC	B	0.02%
BBIO	F	0.02%
TPG	A	0.02%
AMED	F	0.02%
EME	C	0.02%
GFS	C	0.02%
MDGL	B	0.02%
PWR	A	0.02%
TNDM	F	0.02%
FLGT	F	0.02%
RKT	F	0.02%
PAYX	C	0.02%
ATRC	C	0.02%
ARW	D	0.02%
NUVL	D	0.02%
CHE	D	0.02%
NSP	D	0.02%
ABM	B	0.02%
MTH	D	0.02%
ITT	A	0.01%
UVE	B	0.01%
CCRN	F	0.01%
SONO	C	0.01%
VCYT	B	0.01%
CTS	C	0.01%
OCUL	D	0.01%
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%
FIX	A	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%
MTG	C	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%
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%
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%
LAMR	D	0.01%
MSM	C	0.01%
SITE	D	0.01%
AOS	F	0.01%
UPBD	B	0.01%
BEAM	D	0.01%
JBSS	D	0.01%
DOC	D	0.01%
IOSP	B	0.01%
BGS	F	0.01%
TDOC	C	0.01%
MORN	B	0.01%
ANIP	F	0.01%
UHAL	D	0.01%
SBH	C	0.01%
SXT	B	0.01%
MRVI	F	0.01%
CABO	C	0.01%
TNC	D	0.01%
AIV	C	0.01%
FL	F	0.01%
MSCI	C	0.01%
UNF	B	0.01%
HRB	D	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%
O	D	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%
IRM	D	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%
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%
KEX	C	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%
IDYA	F	0.01%
HOV	D	0.01%
CNXC	F	0.01%
NHC	C	0.01%
WTFC	A	0.01%
KEYS	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%
EMN	D	0.01%
LGF.A	C	0.01%
RNA	D	0.01%
TER	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%
CLH	B	0.01%
TNL	A	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%
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%
JNPR	F	0.01%
EWBC	A	0.01%
AMG	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%
PSA	D	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%
MPWR	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%
CRUS	D	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%
EXR	D	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%
GBCI	B	0.0%

HKND Underweight 48 Positions Relative to HELO

Symbol	Grade	Weight
META	D	-2.9%
BRK.A	B	-1.53%
GOOG	C	-1.46%
XOM	B	-1.43%
HON	B	-0.98%
TT	A	-0.96%
SO	D	-0.84%
NEE	D	-0.83%
LIN	D	-0.82%
COP	C	-0.81%
MCD	D	-0.81%
NXPI	D	-0.72%
HWM	A	-0.62%
UBER	D	-0.58%
TDG	D	-0.52%
CMG	B	-0.51%
PCG	A	-0.5%
YUM	B	-0.5%
CPAY	A	-0.47%
EOG	A	-0.47%
MDT	D	-0.46%
AON	A	-0.44%
STX	D	-0.41%
LDOS	C	-0.39%
ETN	A	-0.38%
RCL	A	-0.34%
PM	B	-0.32%
MNST	C	-0.32%
FANG	D	-0.31%
TXT	D	-0.29%
BKR	B	-0.24%
LYB	F	-0.23%
DAL	C	-0.23%
ACN	C	-0.21%
KKR	A	-0.2%
CVX	A	-0.18%
PCAR	B	-0.18%
NOC	D	-0.17%
MLM	B	-0.16%
MO	A	-0.15%
LULU	C	-0.13%
NUE	C	-0.11%
DASH	A	-0.11%
VST	B	-0.1%
CMS	C	-0.1%
APTV	D	-0.1%
EQT	B	-0.06%
NRG	B	-0.04%