HKND vs. JPME ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME)

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

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

JPME Description

The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Russell Midcap Diversified Factor Index. The fund will invest at least 80% of its net assets in securities included in the underlying index. It may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index. The underlying index is comprised of U.S. equity securities selected to represent a diversified set of factor characteristics, originally developed by the adviser.

Grade (RS Rating)

Last Trade

$109.93

Average Daily Volume

10,028

Number of Holdings ^*

338

* may have additional holdings in another (foreign) market

Performance

Period	HKND	JPME
30 Days	1.63%	5.14%
60 Days	0.72%	5.14%
90 Days	1.42%	7.46%
12 Months	19.65%	30.14%

201 Overlapping Holdings

	Symbol	Grade	Weight in HKND	Weight in JPME	Overlap
	A	D	0.14%	0.29%	0.14%
	ACHC	F	0.0%	0.17%	0.0%
	ACI	C	0.07%	0.3%	0.07%
	ADM	D	1.37%	0.29%	0.29%
	ADTN	A	0.02%	0.03%	0.02%
	AFG	A	0.04%	0.19%	0.04%
	AFL	B	0.09%	0.38%	0.09%
	AJG	B	0.04%	0.37%	0.04%
	AKAM	D	0.01%	0.12%	0.01%
	ALLY	C	0.04%	0.11%	0.04%
	AME	A	0.01%	0.39%	0.01%
	AMH	D	0.03%	0.26%	0.03%
	AMP	A	0.09%	0.48%	0.09%
	ANSS	B	0.01%	0.34%	0.01%
	AOS	F	0.01%	0.28%	0.01%
	APP	B	0.02%	1.27%	0.02%
	ASH	D	0.01%	0.26%	0.01%
	ATR	B	0.02%	0.01%	0.01%
	AVB	B	0.07%	0.38%	0.07%
	AVT	C	0.02%	0.14%	0.02%
	AYI	B	0.06%	0.09%	0.06%
	BBY	D	0.25%	0.29%	0.25%
	BG	F	0.82%	0.33%	0.33%
	BIIB	F	0.24%	0.04%	0.04%
	BLDR	D	0.02%	0.34%	0.02%
	BRKR	D	0.05%	0.2%	0.05%
	BRO	B	0.02%	0.17%	0.02%
	BRX	A	0.01%	0.4%	0.01%
	CAG	D	0.31%	0.31%	0.31%
	CAH	B	0.33%	0.4%	0.33%
	CBRE	B	0.12%	0.44%	0.12%
	CC	C	0.01%	0.0%	0.0%
	CDW	F	0.06%	0.26%	0.06%
	CE	F	0.01%	0.19%	0.01%
	CF	B	0.98%	0.41%	0.41%
	CFG	B	0.04%	0.11%	0.04%
	CHD	B	0.37%	0.33%	0.33%
	CHE	D	0.02%	0.33%	0.02%
	CHTR	C	0.2%	0.39%	0.2%
	CIEN	B	0.01%	0.51%	0.01%
	CLH	B	0.01%	0.41%	0.01%
	CLX	B	0.24%	0.35%	0.24%
	CMA	A	0.02%	0.07%	0.02%
	CMI	A	0.06%	0.47%	0.06%
	CNA	B	0.0%	0.0%	0.0%
	CNC	D	0.26%	0.25%	0.25%
	CNM	D	0.01%	0.35%	0.01%
	CNXC	F	0.01%	0.06%	0.01%
	COR	B	0.34%	0.39%	0.34%
	CPB	D	0.07%	0.32%	0.07%
	CPT	B	0.03%	0.2%	0.03%
	CR	A	0.04%	0.05%	0.04%
	CRUS	D	0.0%	0.27%	0.0%
	CSL	C	0.03%	0.42%	0.03%
	CTVA	C	1.43%	0.3%	0.3%
	CXT	B	0.01%	0.1%	0.01%
	DFS	B	0.09%	0.14%	0.09%
	DGX	A	0.62%	0.39%	0.39%
	DHI	D	0.14%	0.33%	0.14%
	DKS	C	0.02%	0.36%	0.02%
	DLB	B	0.01%	0.22%	0.01%
	DOX	D	0.02%	0.3%	0.02%
	DVA	B	0.13%	0.38%	0.13%
	EHC	B	0.08%	0.42%	0.08%
	EME	C	0.02%	0.38%	0.02%
	EMN	D	0.01%	0.39%	0.01%
	EQR	B	0.07%	0.29%	0.07%
	ESI	A	0.01%	0.39%	0.01%
	ESS	B	0.04%	0.31%	0.04%
	EXEL	B	0.06%	0.43%	0.06%
	FAST	B	0.03%	0.41%	0.03%
	FCNCA	A	0.01%	0.43%	0.01%
	FITB	A	0.05%	0.19%	0.05%
	FLO	D	0.09%	0.26%	0.09%
	FMC	D	0.66%	0.21%	0.21%
	FNB	A	0.01%	0.07%	0.01%
	FNF	B	0.07%	0.18%	0.07%
	FRPT	B	0.01%	0.27%	0.01%
	FRT	B	0.0%	0.18%	0.0%
	FTRE	D	0.1%	0.03%	0.03%
	FYBR	D	0.04%	0.37%	0.04%
	GEHC	F	0.9%	0.07%	0.07%
	GEN	B	0.01%	0.33%	0.01%
	GGG	B	0.0%	0.35%	0.0%
	GIS	D	0.26%	0.32%	0.26%
	GLW	B	0.11%	0.18%	0.11%
	GWW	B	0.06%	0.43%	0.06%
	HBAN	A	0.03%	0.41%	0.03%
	HIG	B	0.1%	0.38%	0.1%
	HOLX	D	0.26%	0.32%	0.26%
	HPE	B	0.22%	0.34%	0.22%
	HPQ	B	0.79%	0.3%	0.3%
	HRB	D	0.01%	0.33%	0.01%
	HSIC	B	0.12%	0.29%	0.12%
	HST	C	0.02%	0.32%	0.02%
	HSY	F	0.06%	0.21%	0.06%
	HUBB	B	0.01%	0.43%	0.01%
	HUN	F	0.04%	0.22%	0.04%
	IEX	B	0.01%	0.05%	0.01%
	IFF	D	0.05%	0.29%	0.05%
	INCY	C	0.11%	0.27%	0.11%
	INGR	B	0.53%	0.42%	0.42%
	IPG	D	0.03%	0.03%	0.03%
	IQV	D	0.43%	0.28%	0.28%
	IRDM	D	0.03%	0.24%	0.03%
	IRM	D	0.01%	0.39%	0.01%
	IT	C	0.03%	0.38%	0.03%
	ITT	A	0.01%	0.17%	0.01%
	JBL	B	0.14%	0.32%	0.14%
	JEF	A	0.05%	0.49%	0.05%
	JLL	D	0.05%	0.38%	0.05%
	JNPR	F	0.01%	0.38%	0.01%
	K	A	0.26%	0.38%	0.26%
	KEY	B	0.04%	0.1%	0.04%
	KEYS	A	0.01%	0.17%	0.01%
	KIM	A	0.01%	0.36%	0.01%
	KR	B	0.23%	0.42%	0.23%
	KVUE	A	0.43%	0.33%	0.33%
	L	A	0.06%	0.25%	0.06%
	LAMR	D	0.01%	0.39%	0.01%
	LECO	B	0.02%	0.3%	0.02%
	LEN	D	0.14%	0.36%	0.14%
	LH	C	0.93%	0.32%	0.32%
	MAA	B	0.05%	0.25%	0.05%
	MAS	D	0.02%	0.31%	0.02%
	MCHP	D	0.02%	0.21%	0.02%
	MEDP	D	0.04%	0.28%	0.04%
	MKC	D	0.04%	0.28%	0.04%
	MOH	F	0.07%	0.29%	0.07%
	MOS	F	1.63%	0.29%	0.29%
	MPWR	F	0.0%	0.27%	0.0%
	MSM	C	0.01%	0.33%	0.01%
	MTB	A	0.04%	0.31%	0.04%
	MTG	C	0.01%	0.37%	0.01%
	NBIX	C	0.07%	0.25%	0.07%
	NDSN	B	0.0%	0.06%	0.0%
	NTAP	C	0.03%	0.34%	0.03%
	NVR	D	0.05%	0.37%	0.05%
	NVST	B	0.01%	0.05%	0.01%
	NXST	C	0.01%	0.36%	0.01%
	OMC	C	0.05%	0.28%	0.05%
	OMF	A	0.02%	0.45%	0.02%
	ON	D	0.03%	0.24%	0.03%
	ORI	A	0.04%	0.4%	0.04%
	PAYC	B	0.01%	0.03%	0.01%
	PAYX	C	0.02%	0.27%	0.02%
	PB	A	0.01%	0.07%	0.01%
	PFG	D	0.06%	0.05%	0.05%
	PHM	D	0.07%	0.37%	0.07%
	PINC	B	0.01%	0.14%	0.01%
	POOL	C	0.0%	0.13%	0.0%
	POST	C	0.07%	0.35%	0.07%
	PWR	A	0.02%	0.46%	0.02%
	QRVO	F	0.01%	0.12%	0.01%
	R	B	0.02%	0.27%	0.02%
	REG	B	0.01%	0.37%	0.01%
	REYN	D	0.0%	0.18%	0.0%
	RF	A	0.04%	0.17%	0.04%
	RGA	A	0.06%	0.41%	0.06%
	RHI	B	0.04%	0.07%	0.04%
	RMD	C	0.19%	0.36%	0.19%
	ROKU	D	0.05%	0.37%	0.05%
	ROST	C	0.02%	0.31%	0.02%
	RPRX	D	0.1%	0.21%	0.1%
	RS	B	0.03%	0.37%	0.03%
	RVTY	F	0.11%	0.25%	0.11%
	SCI	B	0.02%	0.15%	0.02%
	SJM	D	0.46%	0.29%	0.29%
	SMG	D	0.05%	0.25%	0.05%
	SNA	A	0.01%	0.44%	0.01%
	SNX	C	0.06%	0.28%	0.06%
	SPB	C	0.29%	0.37%	0.29%
	SPG	B	0.03%	0.41%	0.03%
	SSNC	B	0.02%	0.35%	0.02%
	SWKS	F	0.02%	0.24%	0.02%
	SYF	B	0.09%	0.51%	0.09%
	SYY	B	0.07%	0.27%	0.07%
	TECH	D	0.06%	0.06%	0.06%
	TER	D	0.01%	0.27%	0.01%
	TFX	F	0.14%	0.08%	0.08%
	THC	D	0.32%	0.4%	0.32%
	THO	B	0.01%	0.13%	0.01%
	TKR	D	0.0%	0.35%	0.0%
	TNL	A	0.01%	0.07%	0.01%
	TOL	B	0.05%	0.42%	0.05%
	TSCO	D	0.02%	0.34%	0.02%
	TYL	B	0.01%	0.39%	0.01%
	UHS	D	0.18%	0.33%	0.18%
	UI	A	0.01%	0.25%	0.01%
	UNM	A	0.04%	0.5%	0.04%
	UTHR	C	0.09%	0.42%	0.09%
	VEEV	C	0.01%	0.28%	0.01%
	VIRT	B	0.0%	0.04%	0.0%
	VTRS	A	0.25%	0.38%	0.25%
	WLK	D	0.05%	0.31%	0.05%
	WPC	D	0.01%	0.22%	0.01%
	WST	C	0.07%	0.28%	0.07%
	WTM	A	0.01%	0.13%	0.01%
	WU	D	0.02%	0.04%	0.02%
	XRAY	F	0.01%	0.09%	0.01%
	ZION	B	0.02%	0.09%	0.02%

HKND Overweight 759 Positions Relative to JPME

	Symbol	Grade	Weight
	GOOGL	C	4.19%
	PG	A	3.88%
	MSFT	F	2.38%
	AAPL	C	2.18%
	JNJ	D	1.97%
	DE	A	1.95%
	INTC	D	1.8%
	LLY	F	1.74%
	ABBV	D	1.67%
	MRK	F	1.52%
	PFE	D	1.42%
	SYK	C	1.2%
	CL	D	1.18%
	WMT	A	1.15%
	DELL	C	1.11%
	BDX	F	1.09%
	ABT	B	1.09%
	BMY	B	1.05%
	CI	F	1.0%
	UNH	C	0.96%
	AMGN	D	0.96%
	ECL	D	0.89%
	T	A	0.89%
	VZ	C	0.86%
	HCA	F	0.85%
	GILD	C	0.85%
	JPM	A	0.77%
	BSX	B	0.76%
	TMO	F	0.75%
	CMCSA	B	0.71%
	BAX	D	0.7%
	AMZN	C	0.68%
	AGCO	D	0.66%
	VRTX	F	0.61%
	BAC	A	0.59%
	FDP	B	0.57%
	WFC	A	0.53%
	MCK	B	0.52%
	DHR	F	0.51%
	MS	A	0.45%
	ZBH	C	0.45%
	TMUS	B	0.44%
	C	A	0.44%
	CVS	D	0.43%
	REGN	F	0.41%
	HD	A	0.4%
	GS	A	0.39%
	PEP	F	0.38%
	ISRG	A	0.35%
	AWK	D	0.34%
	ELV	F	0.32%
	VLTO	D	0.32%
	DD	D	0.31%
	MDLZ	F	0.29%
	J	F	0.28%
	EW	C	0.28%
	FELE	B	0.27%
	LOW	D	0.25%
	IBM	C	0.25%
	DIS	B	0.24%
	AXP	A	0.23%
	HUM	C	0.23%
	AIG	B	0.23%
	PGR	A	0.22%
	ORCL	B	0.22%
	ALL	A	0.22%
	WBA	F	0.21%
	MET	A	0.21%
	TSLA	B	0.21%
	COF	B	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%
	USB	A	0.14%
	DXCM	D	0.14%
	FSLR	F	0.14%
	CTLT	B	0.14%
	AMAT	F	0.14%
	QCOM	F	0.14%
	AIZ	A	0.13%
	TGT	F	0.13%
	PNC	B	0.12%
	AVGO	D	0.12%
	BLK	C	0.12%
	MU	D	0.12%
	BK	A	0.12%
	MA	C	0.12%
	MMC	B	0.12%
	AVTR	F	0.12%
	NVDA	C	0.11%
	TFC	A	0.11%
	COST	B	0.11%
	SEM	B	0.11%
	TITN	C	0.11%
	STT	A	0.1%
	NFLX	A	0.1%
	WDC	D	0.1%
	CRM	B	0.1%
	RDNT	B	0.1%
	PYPL	B	0.1%
	TXN	C	0.1%
	IART	C	0.1%
	AHCO	F	0.1%
	ILMN	D	0.1%
	MASI	A	0.1%
	ICUI	D	0.1%
	PODD	C	0.09%
	MAN	D	0.09%
	SCHW	B	0.09%
	LRCX	F	0.09%
	KMB	D	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%
	BKNG	A	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%
	CTSH	B	0.08%
	ALG	B	0.08%
	LXU	B	0.08%
	GMED	A	0.07%
	TJX	A	0.07%
	FOX	A	0.07%
	FI	A	0.07%
	RJF	A	0.07%
	SQ	B	0.07%
	BMRN	D	0.07%
	CWT	D	0.07%
	WAT	B	0.07%
	ENPH	F	0.07%
	MMSI	B	0.07%
	ADP	B	0.07%
	MTD	D	0.07%
	HAE	C	0.07%
	UNFI	A	0.06%
	BERY	B	0.06%
	GXO	B	0.06%
	MKL	A	0.06%
	VTR	C	0.06%
	EQH	B	0.06%
	WM	A	0.06%
	MMM	D	0.06%
	CNMD	C	0.06%
	AMD	F	0.06%
	CRBG	B	0.06%
	MAR	B	0.06%
	FAF	A	0.05%
	SUI	D	0.05%
	INVH	D	0.05%
	LBRDA	C	0.05%
	SHW	A	0.05%
	SJW	D	0.05%
	WHR	B	0.05%
	ADBE	C	0.05%
	EXPE	B	0.05%
	OPK	C	0.05%
	APH	A	0.05%
	LNC	B	0.05%
	LPLA	A	0.05%
	SRPT	D	0.05%
	PEN	B	0.05%
	EBAY	D	0.05%
	LNN	B	0.04%
	ZBRA	B	0.04%
	SNEX	B	0.04%
	BEN	C	0.04%
	ADI	D	0.04%
	AZO	C	0.04%
	RSG	A	0.04%
	GPN	B	0.04%
	APO	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%
	SCSC	B	0.04%
	ITCI	C	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%
	CTAS	B	0.04%
	EMR	A	0.04%
	PH	A	0.04%
	GPC	D	0.04%
	TDS	B	0.04%
	AWR	B	0.04%
	WMG	C	0.04%
	KLAC	D	0.04%
	WRB	A	0.04%
	TROW	B	0.04%
	KLG	C	0.04%
	CINF	A	0.04%
	NTRS	A	0.04%
	TWI	F	0.03%
	EL	F	0.03%
	HLT	A	0.03%
	LNTH	D	0.03%
	CME	A	0.03%
	CORT	B	0.03%
	WSO	A	0.03%
	USM	B	0.03%
	MCO	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%
	MSI	B	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%
	CHWY	B	0.03%
	ITW	B	0.03%
	CYTK	F	0.03%
	SPGI	C	0.03%
	VOYA	B	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%
	AMRX	C	0.03%
	ENR	B	0.03%
	INTU	C	0.03%
	KDP	D	0.03%
	DAR	C	0.03%
	NWS	B	0.03%
	REZI	A	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%
	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%
	BXP	D	0.02%
	WDAY	B	0.02%
	AIT	A	0.02%
	ACLX	C	0.02%
	PCRX	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%
	FTNT	C	0.02%
	CENTA	C	0.02%
	EVR	B	0.02%
	ESAB	B	0.02%
	AAP	C	0.02%
	ANET	C	0.02%
	GKOS	B	0.02%
	APLS	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%
	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%
	GAP	C	0.02%
	NDAQ	A	0.02%
	PTCT	B	0.02%
	EA	A	0.02%
	APD	A	0.02%
	XRX	F	0.02%
	JJSF	B	0.02%
	DLR	B	0.02%
	COMP	B	0.02%
	ROK	B	0.02%
	IBKR	A	0.02%
	MMS	F	0.02%
	TNET	D	0.02%
	OPEN	D	0.02%
	BBIO	F	0.02%
	TPG	A	0.02%
	AMED	F	0.02%
	GFS	C	0.02%
	MDGL	B	0.02%
	SIRI	C	0.02%
	TNDM	F	0.02%
	FLGT	F	0.02%
	RKT	F	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%
	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%
	SFNC	B	0.01%
	PLAY	D	0.01%
	USPH	B	0.01%
	SATS	D	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%
	UBSI	B	0.01%
	IRTC	D	0.01%
	LFST	C	0.01%
	NX	C	0.01%
	KURA	F	0.01%
	BCRX	D	0.01%
	HAS	D	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%
	FOUR	B	0.01%
	WGO	C	0.01%
	APAM	B	0.01%
	BKU	A	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%
	SFM	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%
	HMN	B	0.01%
	AKRO	B	0.01%
	SKY	A	0.01%
	FICO	B	0.01%
	AMN	F	0.01%
	PRG	C	0.01%
	TDC	D	0.01%
	UWMC	D	0.01%
	ARDX	F	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%
	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%
	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%
	TOST	B	0.01%
	SITE	D	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%
	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%
	TEX	D	0.01%
	MDXG	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%
	AXTA	A	0.01%
	BCC	B	0.01%
	AGIO	C	0.01%
	CPRX	C	0.01%
	IRWD	F	0.01%
	FNA	C	0.01%
	KFY	B	0.01%
	KEX	C	0.01%
	FTV	C	0.01%
	BGC	C	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%
	NHC	C	0.01%
	WTFC	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%
	TARS	B	0.01%
	CSGP	D	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%
	TRU	D	0.01%
	H	B	0.01%
	ASGN	F	0.01%
	DVAX	C	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%
	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%
	RYTM	C	0.01%
	IOVA	F	0.01%
	BHE	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%
	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%
	URI	B	0.01%
	ARWR	F	0.01%
	SCLX	F	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%
	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%
	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%
	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%
	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%
	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%
	SCHL	D	0.0%
	PTC	A	0.0%
	HSII	B	0.0%
	CATY	B	0.0%
	YORW	D	0.0%
	SLAB	D	0.0%
	CARR	D	0.0%
	GBCI	B	0.0%

HKND Underweight 137 Positions Relative to JPME

	Symbol	Grade	Weight
	VST	B	-0.71%
	ALSN	B	-0.51%
	DTM	B	-0.5%
	TRGP	B	-0.49%
	KMI	A	-0.48%
	WMB	A	-0.47%
	OKE	A	-0.45%
	NRG	B	-0.45%
	IP	B	-0.45%
	ETR	B	-0.45%
	LNG	B	-0.44%
	TPL	A	-0.44%
	GRMN	B	-0.44%
	TPR	B	-0.43%
	TXRH	C	-0.43%
	USFD	A	-0.43%
	ATO	A	-0.42%
	STLD	B	-0.42%
	PPC	C	-0.42%
	TAP	C	-0.42%
	MRO	B	-0.41%
	RPM	A	-0.41%
	CASY	A	-0.41%
	NI	A	-0.41%
	PEG	A	-0.41%
	OC	A	-0.41%
	XEL	A	-0.41%
	LDOS	C	-0.41%
	PKG	A	-0.41%
	EVRG	A	-0.4%
	CACI	D	-0.4%
	OGE	B	-0.4%
	AM	A	-0.4%
	LITE	B	-0.4%
	PR	B	-0.4%
	PFGC	B	-0.4%
	PCG	A	-0.39%
	WEC	A	-0.39%
	PNW	B	-0.39%
	PPL	B	-0.39%
	OHI	C	-0.38%
	DECK	A	-0.38%
	LNT	A	-0.38%
	FANG	D	-0.38%
	UGI	A	-0.37%
	DTE	C	-0.37%
	CMS	C	-0.37%
	MANH	D	-0.37%
	VVV	F	-0.36%
	GLPI	C	-0.36%
	EIX	B	-0.36%
	NFG	A	-0.36%
	TSN	B	-0.36%
	BRBR	A	-0.36%
	ED	D	-0.35%
	PAG	B	-0.35%
	FE	C	-0.35%
	CUBE	D	-0.35%
	DINO	D	-0.35%
	CBOE	B	-0.35%
	COKE	C	-0.34%
	CTRA	B	-0.33%
	EPR	D	-0.33%
	X	C	-0.33%
	VICI	C	-0.33%
	PK	B	-0.33%
	STE	F	-0.32%
	AN	C	-0.32%
	FBIN	D	-0.32%
	WSM	B	-0.31%
	WY	D	-0.31%
	EG	C	-0.31%
	RBC	A	-0.31%
	NUE	C	-0.31%
	LYB	F	-0.31%
	HIW	D	-0.3%
	AVY	D	-0.3%
	GNTX	C	-0.3%
	BPOP	B	-0.3%
	LSTR	D	-0.3%
	AR	B	-0.3%
	NEU	C	-0.3%
	RGLD	C	-0.29%
	KRC	C	-0.29%
	RRC	B	-0.29%
	SAM	C	-0.28%
	EXC	C	-0.28%
	SAIC	F	-0.28%
	CLF	F	-0.28%
	OLN	D	-0.28%
	STAG	F	-0.28%
	DVN	F	-0.27%
	OVV	B	-0.27%
	BYD	C	-0.27%
	LPX	B	-0.27%
	HRL	D	-0.26%
	DRI	B	-0.26%
	JAZZ	B	-0.26%
	QGEN	D	-0.25%
	HAL	C	-0.25%
	CWEN	C	-0.24%
	AGO	B	-0.24%
	IDA	A	-0.24%
	MGM	D	-0.23%
	STWD	C	-0.23%
	EGP	F	-0.23%
	FR	C	-0.23%
	CROX	D	-0.22%
	NNN	D	-0.22%
	PRI	A	-0.22%
	EXPD	D	-0.22%
	EXP	A	-0.21%
	REXR	F	-0.18%
	NVT	B	-0.18%
	BKR	B	-0.18%
	SLM	A	-0.17%
	ELAN	D	-0.16%
	CUZ	B	-0.15%
	AXS	A	-0.15%
	APA	D	-0.14%
	SON	D	-0.14%
	M	D	-0.14%
	RYN	D	-0.14%
	BAH	F	-0.14%
	WEN	D	-0.13%
	TXT	D	-0.13%
	BWA	D	-0.13%
	SLGN	A	-0.1%
	ACGL	D	-0.1%
	NSA	D	-0.09%
	LBRDK	C	-0.09%
	GO	C	-0.06%
	HXL	D	-0.05%
	CRI	D	-0.04%
	HOG	D	-0.02%
	AEE	A	-0.02%
	KSS	F	-0.01%

HKND: Top Represented Industries & Keywords

Industries: Biotechnology Banks - Regional - US Diversified Industrials Software - Application Diagnostics & Research Asset Management Business Services Medical Devices Semiconductors Capital Markets Medical Instruments & Supplies Packaged Foods Insurance - Property & Casualty Residential Construction Specialty Chemicals Specialty Retail Medical Care Drug Manufacturers - Specialty & Generic Telecom Services REIT - Residential

Keywords: S&P 500 Medicine Nasdaq 100 Biopharmaceutical Biotechnology Bank Insurance Banking Computing Cancer Electronics Telecommunications Life Sciences Semiconductor Chemical Aerospace Pharmaceutical Clinical Medicine Disease Mining

JPME: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Banks - Regional - US Oil & Gas E&P Biotechnology Diagnostics & Research Diversified Industrials Specialty Chemicals Medical Instruments & Supplies REIT - Retail Software - Application Communication Equipment Information Technology Services Medical Care Oil & Gas Midstream Packaging & Containers REIT - Diversified REIT - Industrial REIT - Residential Semiconductors

Keywords: S&P 500 Natural Gas Real Estate Investment Trust Electricity Insurance Electronics Nasdaq 100 Bank Computing Aerospace Chemical Banking Insurance Products Disability Mining Plastic Semiconductor Biotechnology Food Products Real Estate Market