HKND vs. JUST ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST)

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

$32.81

Average Daily Volume

1,931

Number of Holdings ^*

959

* may have additional holdings in another (foreign) market

JUST

Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® U.S. Small Cap Equity Index. The fund invests at least 80% of its assets in securities included in its index. The index is designed to deliver exposure to equity securities of small-capitalization U.S. issuers. The index is constructed using the patented ActiveBeta® Portfolio Construction Methodology, which was developed to provide exposure to the "factors" that are commonly tied to a stock's outperformance relative to market returns. These factors include value, momentum, quality and low volatility.

Grade (RS Rating)

Last Trade

$84.54

Average Daily Volume

7,875

Number of Holdings ^*

455

* may have additional holdings in another (foreign) market

Performance

Period	HKND	JUST
30 Days	-0.87%	2.10%
60 Days	-0.16%	5.63%
90 Days	1.88%	7.15%
12 Months	19.10%	33.30%

298 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in JUST	Overlap
A	F	0.15%	0.09%	0.09%
AAPL	C	2.14%	7.27%	2.14%
ABBV	F	1.98%	0.82%	0.82%
ABNB	C	0.01%	0.16%	0.01%
ABT	C	1.12%	0.47%	0.47%
ACM	B	0.09%	0.04%	0.04%
ADBE	C	0.04%	0.48%	0.04%
ADI	D	0.04%	0.24%	0.04%
ADM	F	1.36%	0.07%	0.07%
ADP	A	0.07%	0.31%	0.07%
ADSK	B	0.01%	0.14%	0.01%
AFL	C	0.08%	0.18%	0.08%
AGCO	F	0.64%	0.01%	0.01%
AIG	B	0.23%	0.15%	0.15%
AIZ	A	0.11%	0.03%	0.03%
AKAM	F	0.01%	0.04%	0.01%
ALB	C	0.01%	0.03%	0.01%
ALL	B	0.21%	0.14%	0.14%
ALLY	C	0.04%	0.03%	0.03%
ALNY	D	0.09%	0.08%	0.08%
AMAT	F	0.14%	0.35%	0.14%
AMD	F	0.06%	0.51%	0.06%
AME	A	0.01%	0.11%	0.01%
AMGN	F	1.04%	0.39%	0.39%
AMP	A	0.08%	0.15%	0.08%
AMT	F	0.03%	0.35%	0.03%
AMZN	A	0.64%	5.05%	0.64%
ANSS	B	0.01%	0.06%	0.01%
APD	B	0.02%	0.18%	0.02%
ATR	A	0.02%	0.03%	0.02%
AVB	B	0.06%	0.11%	0.06%
AVGO	C	0.12%	1.77%	0.12%
AVTR	F	0.13%	0.04%	0.04%
AWK	D	0.35%	0.08%	0.08%
AXP	B	0.22%	0.4%	0.22%
AYI	A	0.06%	0.03%	0.03%
BAC	A	0.54%	0.84%	0.54%
BAX	F	0.8%	0.04%	0.04%
BBWI	C	0.02%	0.02%	0.02%
BBY	C	0.26%	0.05%	0.05%
BDX	F	1.13%	0.16%	0.16%
BERY	D	0.05%	0.02%	0.02%
BG	D	0.79%	0.03%	0.03%
BHF	B	0.02%	0.01%	0.01%
BIIB	F	0.26%	0.06%	0.06%
BK	B	0.12%	0.17%	0.12%
BKNG	A	0.08%	0.46%	0.08%
BMY	B	1.0%	0.26%	0.26%
BR	A	0.02%	0.08%	0.02%
BSX	A	0.75%	0.29%	0.29%
BXP	D	0.02%	0.04%	0.02%
C	B	0.41%	0.36%	0.36%
CAH	B	0.31%	0.06%	0.06%
CARR	C	0.0%	0.16%	0.0%
CBRE	B	0.12%	0.14%	0.12%
CCI	F	0.02%	0.17%	0.02%
CDNS	B	0.01%	0.18%	0.01%
CE	F	0.01%	0.03%	0.01%
CF	B	0.99%	0.04%	0.04%
CHH	B	0.0%	0.01%	0.0%
CHTR	B	0.2%	0.08%	0.08%
CI	D	0.98%	0.2%	0.2%
CIEN	B	0.01%	0.02%	0.01%
CL	F	1.22%	0.2%	0.2%
CLX	A	0.24%	0.05%	0.05%
CMA	A	0.02%	0.02%	0.02%
CMCSA	B	0.7%	0.37%	0.37%
CME	B	0.03%	0.24%	0.03%
CMI	A	0.06%	0.13%	0.06%
CNC	F	0.29%	0.08%	0.08%
COF	B	0.19%	0.16%	0.16%
COLB	A	0.0%	0.02%	0.0%
COR	B	0.33%	0.1%	0.1%
COST	B	0.1%	1.07%	0.1%
CPB	F	0.07%	0.02%	0.02%
CRM	B	0.09%	0.62%	0.09%
CRUS	F	0.0%	0.01%	0.0%
CSCO	A	0.18%	0.52%	0.18%
CSGP	F	0.01%	0.11%	0.01%
CSL	B	0.03%	0.05%	0.03%
CSX	B	0.01%	0.17%	0.01%
CTSH	A	0.08%	0.09%	0.08%
CVS	F	0.44%	0.18%	0.18%
DAY	B	0.01%	0.03%	0.01%
DBX	B	0.01%	0.02%	0.01%
DD	D	0.32%	0.09%	0.09%
DE	D	1.98%	0.26%	0.26%
DFS	B	0.07%	0.11%	0.07%
DGX	B	0.61%	0.04%	0.04%
DHR	F	0.53%	0.37%	0.37%
DIS	B	0.21%	0.48%	0.21%
DKS	D	0.02%	0.03%	0.02%
DLR	C	0.02%	0.2%	0.02%
DOW	F	0.18%	0.09%	0.09%
DVA	C	0.12%	0.02%	0.02%
DXCM	C	0.13%	0.06%	0.06%
EA	A	0.02%	0.11%	0.02%
EBAY	C	0.05%	0.08%	0.05%
ECL	C	0.89%	0.17%	0.17%
EL	F	0.03%	0.04%	0.03%
ELV	F	0.33%	0.22%	0.22%
EMN	D	0.01%	0.03%	0.01%
EMR	A	0.04%	0.17%	0.04%
EQH	B	0.05%	0.04%	0.04%
EQIX	B	0.02%	0.3%	0.02%
EQR	C	0.07%	0.09%	0.07%
ESS	C	0.04%	0.07%	0.04%
EW	F	0.28%	0.09%	0.09%
EXEL	B	0.06%	0.02%	0.02%
EXPE	B	0.04%	0.06%	0.04%
FCN	F	0.01%	0.02%	0.01%
FDX	B	0.01%	0.16%	0.01%
FFIV	B	0.01%	0.03%	0.01%
FHN	A	0.02%	0.03%	0.02%
FI	A	0.06%	0.3%	0.06%
FITB	A	0.04%	0.09%	0.04%
FMC	F	0.75%	0.02%	0.02%
FOX	A	0.06%	0.02%	0.02%
FSLR	F	0.15%	0.06%	0.06%
FTNT	B	0.01%	0.11%	0.01%
FTV	C	0.01%	0.07%	0.01%
GAP	B	0.02%	0.01%	0.01%
GDDY	B	0.01%	0.05%	0.01%
GEN	B	0.01%	0.04%	0.01%
GILD	B	0.83%	0.26%	0.26%
GIS	F	0.27%	0.1%	0.1%
GLW	B	0.11%	0.08%	0.08%
GOOGL	C	4.05%	2.23%	2.23%
GS	B	0.35%	0.49%	0.35%
H	B	0.01%	0.02%	0.01%
HAS	D	0.01%	0.02%	0.01%
HBAN	A	0.03%	0.07%	0.03%
HCA	D	0.9%	0.16%	0.16%
HD	B	0.39%	1.08%	0.39%
HIG	C	0.1%	0.1%	0.1%
HLT	A	0.02%	0.16%	0.02%
HOLX	D	0.26%	0.04%	0.04%
HPE	B	0.21%	0.06%	0.06%
HPQ	B	0.79%	0.08%	0.08%
HRB	D	0.01%	0.02%	0.01%
HSIC	F	0.13%	0.02%	0.02%
HSY	F	0.06%	0.07%	0.06%
HUM	D	0.21%	0.07%	0.07%
IBM	D	0.25%	0.43%	0.25%
ICE	C	0.03%	0.26%	0.03%
IDXX	F	0.02%	0.08%	0.02%
IEX	B	0.01%	0.05%	0.01%
IFF	F	0.06%	0.07%	0.06%
ILMN	C	0.11%	0.06%	0.06%
INCY	B	0.11%	0.03%	0.03%
INGR	B	0.55%	0.03%	0.03%
INSP	F	0.01%	0.01%	0.01%
INTC	C	1.67%	0.22%	0.22%
INTU	A	0.03%	0.38%	0.03%
IPG	F	0.03%	0.03%	0.03%
IQV	F	0.45%	0.09%	0.09%
IR	A	0.01%	0.11%	0.01%
IRM	D	0.01%	0.13%	0.01%
ISRG	A	0.34%	0.42%	0.34%
IT	B	0.03%	0.09%	0.03%
ITT	A	0.0%	0.03%	0.0%
IVZ	B	0.03%	0.02%	0.02%
J	D	0.28%	0.05%	0.05%
JLL	C	0.05%	0.05%	0.05%
JNPR	D	0.01%	0.03%	0.01%
JPM	A	0.71%	1.89%	0.71%
K	A	0.26%	0.06%	0.06%
KDP	C	0.03%	0.1%	0.03%
KEY	B	0.04%	0.05%	0.04%
KEYS	C	0.01%	0.07%	0.01%
KIM	A	0.01%	0.06%	0.01%
KMB	D	0.09%	0.12%	0.09%
KO	F	0.01%	0.66%	0.01%
LH	B	0.9%	0.05%	0.05%
LLY	F	1.78%	1.48%	1.48%
LNC	B	0.05%	0.02%	0.02%
LOW	B	0.25%	0.42%	0.25%
LPLA	A	0.04%	0.06%	0.04%
LRCX	F	0.09%	0.22%	0.09%
MA	B	0.12%	1.09%	0.12%
MAR	A	0.06%	0.16%	0.06%
MAS	D	0.02%	0.05%	0.02%
MCK	B	0.45%	0.18%	0.18%
MCO	C	0.02%	0.22%	0.02%
MDLZ	F	0.3%	0.24%	0.24%
MET	C	0.2%	0.14%	0.14%
MKC	D	0.05%	0.05%	0.05%
MMC	D	0.12%	0.32%	0.12%
MMM	C	0.06%	0.18%	0.06%
MOS	D	1.74%	0.02%	0.02%
MPWR	F	0.0%	0.08%	0.0%
MRK	F	1.57%	0.59%	0.59%
MRNA	F	0.2%	0.04%	0.04%
MRVL	B	0.02%	0.17%	0.02%
MS	A	0.4%	0.41%	0.4%
MSCI	B	0.01%	0.13%	0.01%
MSFT	C	2.29%	6.85%	2.29%
MTB	A	0.04%	0.09%	0.04%
MTCH	F	0.01%	0.02%	0.01%
MTG	C	0.01%	0.02%	0.01%
MU	D	0.13%	0.26%	0.13%
NDAQ	B	0.02%	0.09%	0.02%
NDSN	B	0.0%	0.04%	0.0%
NOW	A	0.02%	0.45%	0.02%
NTAP	D	0.03%	0.06%	0.03%
NVDA	A	0.1%	7.32%	0.1%
NVST	C	0.01%	0.01%	0.01%
NWS	B	0.03%	0.01%	0.01%
OGN	F	0.09%	0.01%	0.01%
OMC	A	0.05%	0.05%	0.05%
ON	F	0.03%	0.07%	0.03%
OTIS	D	0.02%	0.11%	0.02%
PANW	B	0.02%	0.25%	0.02%
PEP	D	0.38%	0.6%	0.38%
PFE	F	1.53%	0.36%	0.36%
PFG	C	0.06%	0.06%	0.06%
PG	C	3.85%	1.02%	1.02%
PGR	A	0.21%	0.43%	0.21%
PII	F	0.01%	0.01%	0.01%
PINC	B	0.01%	0.01%	0.01%
PLD	D	0.02%	0.37%	0.02%
PNC	B	0.1%	0.22%	0.1%
PNFP	B	0.01%	0.02%	0.01%
PPG	F	0.03%	0.08%	0.03%
PRU	B	0.17%	0.13%	0.13%
PWR	B	0.02%	0.12%	0.02%
PYPL	A	0.09%	0.21%	0.09%
QCOM	F	0.15%	0.41%	0.15%
RARE	F	0.02%	0.01%	0.01%
REGN	F	0.43%	0.2%	0.2%
RF	A	0.03%	0.06%	0.03%
RGA	A	0.06%	0.04%	0.04%
RGEN	C	0.01%	0.02%	0.01%
RKT	F	0.03%	0.01%	0.01%
RMD	C	0.2%	0.08%	0.08%
ROK	B	0.02%	0.08%	0.02%
SBAC	D	0.01%	0.09%	0.01%
SCHW	B	0.08%	0.31%	0.08%
SCI	B	0.02%	0.03%	0.02%
SHW	A	0.05%	0.23%	0.05%
SITE	D	0.01%	0.02%	0.01%
SNPS	C	0.02%	0.18%	0.02%
SNV	B	0.01%	0.02%	0.01%
SOLV	C	0.18%	0.03%	0.03%
SPGI	C	0.03%	0.45%	0.03%
STT	B	0.09%	0.08%	0.08%
SWK	F	0.04%	0.04%	0.04%
SYF	B	0.08%	0.06%	0.06%
SYK	A	1.16%	0.31%	0.31%
SYY	D	0.07%	0.1%	0.07%
T	A	0.89%	0.36%	0.36%
TDC	F	0.01%	0.01%	0.01%
TER	F	0.01%	0.04%	0.01%
TFC	B	0.1%	0.17%	0.1%
TFX	F	0.15%	0.02%	0.02%
TGT	C	0.13%	0.19%	0.13%
THG	A	0.03%	0.02%	0.02%
TJX	A	0.06%	0.35%	0.06%
TKR	F	0.0%	0.01%	0.0%
TMO	F	0.79%	0.49%	0.49%
TMUS	A	0.42%	0.25%	0.25%
TNL	A	0.01%	0.01%	0.01%
TRU	D	0.01%	0.05%	0.01%
TRV	B	0.17%	0.17%	0.17%
TSCO	D	0.02%	0.08%	0.02%
TTWO	A	0.01%	0.08%	0.01%
TW	B	0.0%	0.04%	0.0%
TXN	B	0.1%	0.41%	0.1%
TYL	B	0.01%	0.06%	0.01%
UDR	C	0.03%	0.05%	0.03%
UNH	B	0.92%	1.2%	0.92%
UNM	A	0.04%	0.04%	0.04%
UNP	D	0.02%	0.37%	0.02%
UPS	C	0.03%	0.26%	0.03%
URI	B	0.01%	0.14%	0.01%
USB	B	0.13%	0.22%	0.13%
V	A	0.17%	1.21%	0.17%
VNT	C	0.01%	0.02%	0.01%
VOYA	B	0.03%	0.02%	0.02%
VRSK	A	0.01%	0.11%	0.01%
VRTX	B	0.63%	0.3%	0.3%
VTR	C	0.06%	0.09%	0.06%
VZ	D	0.87%	0.4%	0.4%
WAT	B	0.07%	0.05%	0.05%
WBA	D	0.23%	0.02%	0.02%
WBD	B	0.07%	0.05%	0.05%
WDAY	B	0.01%	0.11%	0.01%
WDC	D	0.1%	0.05%	0.05%
WH	A	0.01%	0.02%	0.01%
WHR	B	0.04%	0.02%	0.02%
WM	A	0.06%	0.25%	0.06%
WMT	A	1.14%	0.99%	0.99%
WU	F	0.02%	0.01%	0.01%
XRAY	F	0.02%	0.01%	0.01%
XYL	F	0.01%	0.08%	0.01%
ZBH	C	0.45%	0.05%	0.05%
ZBRA	B	0.03%	0.05%	0.03%
ZG	B	0.02%	0.01%	0.01%

HKND Overweight 661 Positions Relative to JUST

Symbol	Grade	Weight
JNJ	D	2.05%
CTVA	C	1.54%
DELL	C	1.1%
GEHC	D	0.95%
FDP	B	0.57%
SJM	F	0.48%
WFC	A	0.47%
KVUE	A	0.42%
CHD	A	0.35%
CAG	F	0.33%
VLTO	D	0.32%
THC	B	0.32%
SPB	A	0.28%
FELE	B	0.26%
KR	A	0.23%
VTRS	B	0.23%
ORCL	A	0.2%
UHS	D	0.19%
ZWS	B	0.18%
TSLA	B	0.17%
ENOV	C	0.15%
DHI	D	0.15%
CTLT	D	0.14%
LEN	D	0.14%
JBL	C	0.14%
LUMN	C	0.13%
RVTY	C	0.12%
RUN	F	0.12%
IART	C	0.11%
ICUI	D	0.11%
SEM	C	0.11%
BIO	C	0.1%
MASI	B	0.1%
ENPH	F	0.1%
RPRX	F	0.1%
TITN	C	0.1%
WTRG	C	0.09%
LXU	C	0.09%
FTRE	D	0.09%
MAN	F	0.09%
UTHR	B	0.09%
NFLX	A	0.09%
CRL	C	0.09%
FLO	F	0.09%
AHCO	F	0.09%
EMBC	C	0.08%
POST	D	0.08%
ITGR	B	0.08%
EHC	B	0.08%
PODD	B	0.08%
RDNT	B	0.08%
ALG	B	0.08%
MTD	F	0.08%
KD	A	0.07%
WST	B	0.07%
CDW	F	0.07%
TECH	D	0.07%
BMRN	F	0.07%
UAN	B	0.07%
PHM	D	0.07%
MOH	F	0.07%
CWT	D	0.07%
MMSI	B	0.07%
FNF	C	0.07%
DXC	B	0.07%
GWW	B	0.06%
SRPT	F	0.06%
SQ	B	0.06%
SNX	C	0.06%
GMED	B	0.06%
HAE	B	0.06%
CRBG	C	0.06%
RJF	A	0.06%
CNMD	C	0.06%
ACI	C	0.06%
NBIX	C	0.06%
SMG	D	0.06%
ROKU	C	0.05%
OPK	B	0.05%
MAA	C	0.05%
LBRDA	C	0.05%
APH	B	0.05%
SJW	F	0.05%
SUI	F	0.05%
TOL	B	0.05%
NVR	D	0.05%
MKL	A	0.05%
WLK	F	0.05%
PEN	C	0.05%
BRKR	F	0.05%
UNFI	B	0.05%
L	A	0.05%
GXO	B	0.05%
SCSC	B	0.04%
BEN	C	0.04%
RSG	B	0.04%
AZO	B	0.04%
LNTH	F	0.04%
CFG	B	0.04%
ORI	A	0.04%
FIS	B	0.04%
MEDP	D	0.04%
HUN	F	0.04%
AJG	A	0.04%
OMI	F	0.04%
RVMD	C	0.04%
ORLY	A	0.04%
NOVT	C	0.04%
TMHC	B	0.04%
PH	A	0.04%
TDS	C	0.04%
GPC	D	0.04%
CTAS	B	0.04%
CR	B	0.04%
ITCI	B	0.04%
TTC	F	0.04%
WMG	B	0.04%
AVNS	F	0.04%
TROW	A	0.04%
CINF	A	0.04%
MD	C	0.04%
WRB	B	0.04%
JEF	B	0.04%
VKTX	F	0.04%
AWR	C	0.04%
KLG	F	0.04%
NTRS	A	0.04%
FYBR	D	0.04%
EXAS	F	0.04%
FAF	C	0.04%
INVH	D	0.04%
KLAC	F	0.04%
PCVX	D	0.04%
NSP	F	0.03%
MSI	B	0.03%
ARW	F	0.03%
NUVL	D	0.03%
GNW	B	0.03%
WTS	B	0.03%
WELL	B	0.03%
MDGL	C	0.03%
OPCH	F	0.03%
MTH	D	0.03%
JXN	C	0.03%
NEO	B	0.03%
CHWY	B	0.03%
REZI	A	0.03%
TNDM	F	0.03%
KBH	D	0.03%
SF	A	0.03%
MIDD	D	0.03%
SMMT	D	0.03%
FAST	B	0.03%
HALO	C	0.03%
ENSG	C	0.03%
CPT	C	0.03%
AMRX	B	0.03%
AMH	C	0.03%
CYTK	C	0.03%
FLGT	F	0.03%
ITW	B	0.03%
RS	C	0.03%
SPG	A	0.03%
ELS	B	0.03%
IONS	F	0.03%
ENR	A	0.03%
OFIX	C	0.03%
GME	C	0.03%
DAR	B	0.03%
VYX	B	0.03%
AFG	A	0.03%
CG	B	0.03%
IRDM	B	0.03%
SANM	C	0.03%
LKQ	C	0.03%
CNXN	C	0.03%
APO	B	0.03%
SGRY	F	0.03%
GPN	B	0.03%
LYV	A	0.03%
RHI	B	0.03%
LNN	B	0.03%
BPMC	C	0.03%
SNEX	B	0.03%
ULTA	C	0.02%
VRT	B	0.02%
MSEX	C	0.02%
GH	B	0.02%
NATL	B	0.02%
ARES	B	0.02%
SEE	C	0.02%
EVR	B	0.02%
GL	B	0.02%
VIR	C	0.02%
ZION	B	0.02%
HST	D	0.02%
AAP	C	0.02%
UTZ	F	0.02%
GKOS	B	0.02%
AMPH	C	0.02%
JANX	C	0.02%
AVT	C	0.02%
AXSM	B	0.02%
TTEK	F	0.02%
WCC	B	0.02%
PCRX	C	0.02%
R	B	0.02%
SRRK	C	0.02%
FOLD	F	0.02%
ADTN	B	0.02%
CENTA	C	0.02%
ALIT	C	0.02%
ACAD	C	0.02%
SMPL	B	0.02%
INSM	C	0.02%
EWTX	C	0.02%
COOP	B	0.02%
BKD	F	0.02%
ESAB	B	0.02%
CCS	F	0.02%
PLXS	C	0.02%
APLS	F	0.02%
IOVA	D	0.02%
SWKS	F	0.02%
MCY	B	0.02%
KRYS	C	0.02%
ATEC	C	0.02%
ADV	F	0.02%
PFSI	D	0.02%
ANET	C	0.02%
MHO	D	0.02%
TPH	C	0.02%
DOX	C	0.02%
IBKR	A	0.02%
TNET	C	0.02%
ENTG	F	0.02%
HAIN	F	0.02%
CRNX	B	0.02%
PTCT	C	0.02%
AORT	C	0.02%
NWL	B	0.02%
THS	F	0.02%
AMKR	F	0.02%
BRO	B	0.02%
LECO	C	0.02%
OMF	A	0.02%
TPG	B	0.02%
LILAK	F	0.02%
AZTA	F	0.02%
BLDR	C	0.02%
XRX	F	0.02%
JJSF	C	0.02%
SSNC	C	0.02%
EME	B	0.02%
COMP	B	0.02%
GFS	C	0.02%
PAYX	B	0.02%
KELYA	F	0.02%
SIRI	C	0.02%
WMS	F	0.02%
CHE	D	0.02%
KMPR	A	0.02%
HWKN	C	0.02%
WSO	B	0.02%
ROST	D	0.02%
TWI	F	0.02%
ATRC	C	0.02%
MMS	F	0.02%
BBIO	F	0.02%
OPEN	F	0.02%
CORT	B	0.02%
ABM	B	0.02%
MCHP	F	0.02%
AMED	F	0.02%
USM	C	0.02%
PCTY	B	0.01%
YORW	F	0.01%
SONO	C	0.01%
POOL	D	0.01%
USPH	C	0.01%
VCTR	C	0.01%
SFNC	B	0.01%
ACHC	F	0.01%
UBSI	B	0.01%
EOLS	F	0.01%
TRIP	D	0.01%
URBN	C	0.01%
ABCB	B	0.01%
ONB	B	0.01%
NYT	C	0.01%
SIBN	D	0.01%
CGEM	F	0.01%
AEO	F	0.01%
PLAY	C	0.01%
MIRM	B	0.01%
VZIO	D	0.01%
OCUL	C	0.01%
BKU	A	0.01%
LFST	B	0.01%
REG	A	0.01%
DLB	D	0.01%
VSAT	F	0.01%
BCRX	D	0.01%
GMS	B	0.01%
PJT	B	0.01%
FIVE	F	0.01%
MAT	C	0.01%
KE	C	0.01%
DYN	D	0.01%
NX	C	0.01%
CMC	B	0.01%
BRX	A	0.01%
FOUR	B	0.01%
CCRN	F	0.01%
WTM	A	0.01%
GTES	B	0.01%
FRPT	B	0.01%
FLS	B	0.01%
ELVN	C	0.01%
CVCO	B	0.01%
PLUS	F	0.01%
MC	B	0.01%
KIDS	F	0.01%
MTN	C	0.01%
APAM	B	0.01%
WGO	B	0.01%
IRTC	C	0.01%
DORM	B	0.01%
SSB	B	0.01%
PB	B	0.01%
DIOD	F	0.01%
SYNA	C	0.01%
SANA	F	0.01%
SATS	D	0.01%
KURA	F	0.01%
ACT	C	0.01%
GRBK	D	0.01%
PRLB	C	0.01%
LBPH	A	0.01%
VRDN	C	0.01%
WPC	F	0.01%
KFRC	C	0.01%
SFM	B	0.01%
CADE	B	0.01%
LFUS	D	0.01%
TOST	A	0.01%
APG	C	0.01%
HWC	B	0.01%
FICO	B	0.01%
RLI	A	0.01%
OZK	B	0.01%
SSYS	B	0.01%
UCTT	F	0.01%
HGV	B	0.01%
ACIW	B	0.01%
FNA	B	0.01%
VEEV	B	0.01%
DAWN	D	0.01%
WD	D	0.01%
QRVO	F	0.01%
BXC	B	0.01%
TCBI	B	0.01%
AVO	B	0.01%
FNB	B	0.01%
FIX	B	0.01%
UI	B	0.01%
ASB	B	0.01%
FG	B	0.01%
HURN	B	0.01%
LCII	D	0.01%
SKY	B	0.01%
NTLA	F	0.01%
CBSH	A	0.01%
HMN	B	0.01%
UMBF	B	0.01%
PSTG	D	0.01%
KNF	C	0.01%
CNM	D	0.01%
PRG	B	0.01%
SNA	A	0.01%
FDS	A	0.01%
RDN	C	0.01%
PIPR	B	0.01%
BRC	B	0.01%
IMVT	D	0.01%
VRSN	C	0.01%
CRVL	B	0.01%
HTH	B	0.01%
IPGP	C	0.01%
PTGX	D	0.01%
MDXG	A	0.01%
ASIX	B	0.01%
CXT	F	0.01%
KWR	C	0.01%
BEAM	C	0.01%
IOSP	B	0.01%
IRT	A	0.01%
TRUP	B	0.01%
AKRO	C	0.01%
MSM	C	0.01%
UPBD	B	0.01%
RYAN	B	0.01%
ENS	D	0.01%
UNF	B	0.01%
AXNX	A	0.01%
CABO	B	0.01%
SBH	A	0.01%
WBS	A	0.01%
RCM	B	0.01%
CFR	B	0.01%
ADMA	C	0.01%
FND	F	0.01%
GSAT	B	0.01%
RCKT	F	0.01%
MYGN	F	0.01%
IAC	F	0.01%
JKHY	C	0.01%
LANC	C	0.01%
EXLS	B	0.01%
ANIP	C	0.01%
MNKD	C	0.01%
SNDX	D	0.01%
UWMC	F	0.01%
AGIO	B	0.01%
SXT	B	0.01%
VLY	B	0.01%
CC	C	0.01%
TNC	F	0.01%
MORN	B	0.01%
JBSS	F	0.01%
COIN	B	0.01%
LAMR	D	0.01%
EVH	F	0.01%
AOS	F	0.01%
NVAX	F	0.01%
COLL	F	0.01%
TDOC	C	0.01%
APP	B	0.01%
AGL	F	0.01%
AIV	D	0.01%
BECN	B	0.01%
RXRX	C	0.01%
NGVT	B	0.01%
INVA	C	0.01%
FHI	A	0.01%
TVTX	B	0.01%
HLI	B	0.01%
CLDX	F	0.01%
ADUS	D	0.01%
DOC	C	0.01%
FL	F	0.01%
ARDX	F	0.01%
CRSR	C	0.01%
GERN	F	0.01%
DFH	F	0.01%
KEX	A	0.01%
PAYC	B	0.01%
ARE	F	0.01%
IDT	B	0.01%
UHAL	D	0.01%
WTFC	B	0.01%
AXTA	A	0.01%
O	D	0.01%
TGNA	B	0.01%
TEX	D	0.01%
NMRK	B	0.01%
HRMY	D	0.01%
ERIE	F	0.01%
BURL	C	0.01%
BCC	B	0.01%
WAL	B	0.01%
KFY	B	0.01%
EXPI	C	0.01%
BOKF	B	0.01%
HUBB	C	0.01%
RNA	B	0.01%
NHC	B	0.01%
ASTH	F	0.01%
LMAT	B	0.01%
CGON	D	0.01%
STGW	B	0.01%
CPRX	C	0.01%
ICFI	C	0.01%
UFPI	B	0.01%
NSIT	F	0.01%
BGC	C	0.01%
IDYA	F	0.01%
PBH	A	0.01%
TTMI	B	0.01%
DVAX	B	0.01%
CSTL	C	0.01%
FCNCA	B	0.01%
CNXC	F	0.01%
TRMB	B	0.01%
IRWD	D	0.01%
ARVN	D	0.01%
TARS	C	0.01%
XNCR	B	0.01%
BZH	B	0.01%
ASH	F	0.01%
LGND	C	0.01%
VCEL	B	0.01%
SPTN	F	0.01%
LGF.A	D	0.01%
VSH	F	0.01%
RRX	B	0.01%
HOV	F	0.01%
TWST	F	0.01%
SEIC	A	0.01%
KYMR	C	0.01%
CLH	B	0.01%
VNO	C	0.01%
PDCO	F	0.01%
CNO	B	0.01%
ESI	B	0.01%
HHH	B	0.01%
SMCI	F	0.01%
PRVA	B	0.01%
GNRC	B	0.01%
BC	D	0.01%
BGS	F	0.01%
NTRA	B	0.01%
RYTM	C	0.01%
VAC	B	0.01%
AMN	F	0.01%
ASGN	D	0.01%
SWTX	C	0.01%
EWBC	B	0.01%
CNDT	B	0.01%
AMG	B	0.01%
BHE	C	0.01%
EEFT	C	0.01%
GT	C	0.01%
DOV	A	0.01%
THO	B	0.01%
KROS	C	0.01%
NARI	C	0.01%
EPAM	B	0.01%
UFPT	C	0.01%
LGIH	F	0.01%
COHR	C	0.01%
VERA	B	0.01%
NXST	C	0.01%
MRVI	F	0.01%
AIT	A	0.01%
ROP	A	0.01%
TGTX	B	0.01%
PSA	D	0.01%
ARWR	C	0.01%
TXG	F	0.01%
SUPN	C	0.01%
STC	C	0.01%
ACLX	C	0.01%
ALGN	D	0.01%
EDR	B	0.01%
BCO	F	0.01%
AMRK	F	0.01%
DNLI	C	0.01%
SIGI	B	0.01%
EFX	F	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	D	0.0%
ABUS	D	0.0%
ANAB	F	0.0%
BLFS	C	0.0%
CELC	D	0.0%
PRME	D	0.0%
STOK	B	0.0%
QTRX	D	0.0%
ABSI	F	0.0%
ORIC	D	0.0%
SVRA	F	0.0%
ALT	C	0.0%
NUVB	B	0.0%
FORM	F	0.0%
CTKB	C	0.0%
ALGM	F	0.0%
OLMA	F	0.0%
LYEL	D	0.0%
SIGA	F	0.0%
MNMD	B	0.0%
ALEC	D	0.0%
PLAB	C	0.0%
DFIN	D	0.0%
LQDA	D	0.0%
OSCR	D	0.0%
WAFD	B	0.0%
WSFS	B	0.0%
MSGS	B	0.0%
UCB	B	0.0%
RLAY	F	0.0%
GIC	F	0.0%
TYRA	F	0.0%
ARCT	F	0.0%
PHAT	F	0.0%
FDMT	F	0.0%
ZEUS	C	0.0%
COGT	D	0.0%
BSY	F	0.0%
REYN	D	0.0%
YMAB	D	0.0%
SAVA	D	0.0%
PGNY	F	0.0%
MMI	B	0.0%
HZO	F	0.0%
CRAI	C	0.0%
GOLF	B	0.0%
SAFT	B	0.0%
GGG	B	0.0%
APLT	C	0.0%
STEP	B	0.0%
AEIS	B	0.0%
NVEE	F	0.0%
CNS	C	0.0%
IMNM	F	0.0%
CNA	C	0.0%
ONTO	F	0.0%
COTY	D	0.0%
MLI	B	0.0%
FHB	B	0.0%
ARQT	B	0.0%
AZZ	B	0.0%
MODG	F	0.0%
IBP	F	0.0%
CBT	C	0.0%
HOMB	A	0.0%
RGNX	D	0.0%
ETNB	C	0.0%
ITRI	B	0.0%
ANF	C	0.0%
CATY	B	0.0%
SAGE	F	0.0%
IRON	C	0.0%
TTD	B	0.0%
HSII	B	0.0%
CBZ	B	0.0%
EYPT	C	0.0%
MLYS	D	0.0%
TKO	D	0.0%
NRIX	B	0.0%
SPRY	C	0.0%
RCUS	F	0.0%
PLRX	D	0.0%
UVE	B	0.0%
SCHL	F	0.0%
UFCS	B	0.0%
GBCI	B	0.0%
TMCI	C	0.0%
ROG	D	0.0%
FRT	B	0.0%
FULT	B	0.0%
DCI	A	0.0%
PNTG	D	0.0%
BBSI	B	0.0%
PTC	B	0.0%
SLAB	F	0.0%
NSC	B	0.0%
CTS	C	0.0%
VCYT	B	0.0%
EXR	D	0.0%

HKND Underweight 157 Positions Relative to JUST

Symbol	Grade	Weight
GOOG	C	-1.89%
XOM	B	-1.31%
CVX	A	-0.64%
LIN	D	-0.59%
ACN	B	-0.57%
GE	D	-0.5%
CAT	B	-0.49%
NEE	D	-0.46%
RTX	D	-0.41%
UBER	F	-0.4%
ETN	B	-0.35%
HON	B	-0.35%
COP	C	-0.31%
SBUX	B	-0.3%
LMT	D	-0.3%
BA	F	-0.27%
NKE	F	-0.26%
MDT	D	-0.26%
DUK	D	-0.25%
TT	B	-0.23%
GEV	B	-0.22%
CEG	D	-0.21%
CMG	B	-0.21%
AON	B	-0.21%
ZTS	D	-0.19%
FCX	F	-0.18%
NOC	D	-0.18%
WMB	B	-0.16%
GM	B	-0.16%
SRE	B	-0.15%
AEP	D	-0.15%
RCL	A	-0.14%
OKE	A	-0.14%
D	D	-0.14%
NEM	F	-0.14%
MPC	D	-0.13%
JCI	A	-0.13%
KMI	B	-0.12%
PEG	C	-0.12%
VST	B	-0.12%
LHX	B	-0.12%
CPRT	A	-0.12%
DAL	A	-0.11%
LNG	B	-0.11%
EXC	C	-0.11%
F	C	-0.11%
MLM	B	-0.1%
BKR	B	-0.1%
ACGL	C	-0.1%
XEL	A	-0.1%
LULU	B	-0.1%
VLO	C	-0.1%
GRMN	A	-0.09%
ETR	B	-0.09%
EIX	C	-0.09%
WAB	B	-0.09%
WTW	A	-0.09%
HES	B	-0.09%
WY	F	-0.08%
OXY	F	-0.08%
AEE	B	-0.07%
CBOE	D	-0.07%
DECK	B	-0.07%
PPL	A	-0.07%
UAL	A	-0.07%
LYB	F	-0.06%
NET	B	-0.06%
LDOS	C	-0.06%
DVN	F	-0.06%
HAL	C	-0.06%
ES	D	-0.06%
BAH	C	-0.06%
TSN	B	-0.05%
WSM	F	-0.05%
LVS	C	-0.05%
BALL	D	-0.05%
LUV	B	-0.05%
CNP	B	-0.05%
LII	B	-0.05%
NRG	C	-0.05%
GWRE	A	-0.04%
NTNX	B	-0.04%
ZS	B	-0.04%
USFD	B	-0.04%
TXT	D	-0.04%
MDB	C	-0.04%
APTV	F	-0.04%
PNR	A	-0.04%
OC	A	-0.04%
ZM	B	-0.04%
ARMK	B	-0.03%
OKTA	C	-0.03%
AFRM	B	-0.03%
TAP	B	-0.03%
PNW	A	-0.03%
CNH	D	-0.03%
FBIN	F	-0.03%
OWL	B	-0.03%
NWSA	B	-0.03%
AA	C	-0.03%
FOXA	A	-0.03%
AES	F	-0.03%
NVT	C	-0.03%
MKTX	C	-0.03%
BLD	F	-0.03%
NCLH	B	-0.03%
SOFI	B	-0.03%
CHRW	A	-0.03%
TPR	A	-0.03%
KMX	B	-0.03%
DOCU	B	-0.03%
Z	B	-0.03%
CLF	F	-0.02%
LEA	F	-0.02%
AZEK	B	-0.02%
SMAR	A	-0.02%
ALK	A	-0.02%
PVH	C	-0.02%
AWI	B	-0.02%
LPX	A	-0.02%
PARA	B	-0.02%
OSK	B	-0.02%
AXS	A	-0.02%
ETSY	D	-0.02%
RRC	B	-0.02%
APA	F	-0.02%
KBR	D	-0.02%
VFC	C	-0.02%
GPK	D	-0.02%
BWA	B	-0.02%
MGM	D	-0.02%
AAL	B	-0.02%
HRL	F	-0.02%
CAR	C	-0.01%
KSS	D	-0.01%
DV	C	-0.01%
PENN	B	-0.01%
AGR	C	-0.01%
PEGA	B	-0.01%
PAG	B	-0.01%
MDU	D	-0.01%
SPR	F	-0.01%
YETI	D	-0.01%
LITE	B	-0.01%
W	F	-0.01%
M	C	-0.01%
GTLB	B	-0.01%
HOG	D	-0.01%
LOPE	B	-0.01%
ST	F	-0.01%
SON	F	-0.01%
AGO	B	-0.01%
DINO	D	-0.01%
SLM	A	-0.01%
ESTC	C	-0.01%
SNDR	B	-0.0%
QS	F	-0.0%