HKND vs. QRFT ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT)

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

$32.15

Average Daily Volume

3,717

Number of Holdings ^*

953

* may have additional holdings in another (foreign) market

QRFT

QRAFT AI-Enhanced U.S. Large Cap ETF

QRFT Description

The investment seeks to provide total return. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by obtaining investment exposure to an actively managed portfolio consisting of equity securities of cryptocurrency-related and other blockchain technology-related companies. It may invest indirectly in bitcoin exclusively through investments in the Bitcoin Investment Trust ("GBTC"), a privately offered, open-end investment vehicle. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.65

Average Daily Volume

4,436

Number of Holdings ^*

339

* may have additional holdings in another (foreign) market

Performance

Period	HKND	QRFT
30 Days	4.14%	4.51%
60 Days	2.98%	-3.60%
90 Days	2.86%	1.84%
12 Months	15.96%	24.91%

222 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in QRFT	Overlap
AAPL	C	2.13%	9.44%	2.13%
ABBV	B	1.94%	1.03%	1.03%
ABNB	F	0.01%	0.18%	0.01%
ABT	A	1.09%	0.63%	0.63%
ACI	D	0.07%	0.07%	0.07%
ACM	B	0.08%	0.08%	0.08%
ADBE	B	0.05%	0.82%	0.05%
ADI	C	0.04%	0.4%	0.04%
ADP	B	0.07%	0.35%	0.07%
ADSK	B	0.01%	0.14%	0.01%
AFG	A	0.03%	0.07%	0.03%
AGCO	F	0.63%	0.06%	0.06%
AKAM	D	0.01%	0.08%	0.01%
ALGN	F	0.02%	0.05%	0.02%
ALL	B	0.22%	0.12%	0.12%
ALLY	C	0.05%	0.08%	0.05%
ALNY	C	0.09%	0.11%	0.09%
AMAT	F	0.14%	0.72%	0.14%
AMD	F	0.06%	0.9%	0.06%
AMGN	C	1.08%	0.56%	0.56%
AMT	A	0.04%	0.06%	0.04%
AMZN	D	0.57%	4.91%	0.57%
ANET	D	0.01%	0.07%	0.01%
ANSS	D	0.01%	0.07%	0.01%
AOS	D	0.01%	0.07%	0.01%
APG	D	0.01%	0.07%	0.01%
APH	D	0.04%	0.06%	0.04%
APP	B	0.0%	0.05%	0.0%
ARW	B	0.03%	0.06%	0.03%
AVGO	D	0.11%	2.79%	0.11%
AXP	B	0.2%	0.08%	0.08%
AYI	C	0.05%	0.06%	0.05%
AZO	B	0.04%	0.14%	0.04%
BAX	A	0.84%	0.09%	0.09%
BDX	D	1.16%	0.27%	0.27%
BIIB	D	0.3%	0.08%	0.08%
BIO	A	0.09%	0.06%	0.06%
BK	B	0.11%	0.12%	0.11%
BKNG	C	0.06%	0.46%	0.06%
BLK	B	0.1%	0.07%	0.07%
BMRN	D	0.1%	0.09%	0.09%
BMY	B	0.91%	0.27%	0.27%
BPMC	F	0.03%	0.06%	0.03%
BSX	A	0.71%	0.07%	0.07%
BXP	A	0.01%	0.07%	0.01%
CAG	A	0.36%	0.08%	0.08%
CAH	A	0.31%	0.06%	0.06%
CBRE	B	0.11%	0.07%	0.07%
CBSH	B	0.01%	0.06%	0.01%
CDNS	D	0.01%	0.3%	0.01%
CFG	B	0.04%	0.09%	0.04%
CFR	C	0.01%	0.06%	0.01%
CI	B	1.13%	0.33%	0.33%
CIEN	B	0.01%	0.06%	0.01%
CL	A	1.4%	0.27%	0.27%
CLX	A	0.23%	0.09%	0.09%
CMCSA	C	0.65%	0.48%	0.48%
CME	A	0.02%	0.25%	0.02%
CMI	B	0.05%	0.1%	0.05%
CNC	D	0.36%	0.1%	0.1%
COIN	F	0.01%	0.13%	0.01%
COST	B	0.1%	0.07%	0.07%
CR	C	0.04%	0.06%	0.04%
CRM	D	0.07%	0.82%	0.07%
CRUS	C	0.01%	0.06%	0.01%
CSCO	B	0.16%	0.64%	0.16%
CSL	C	0.02%	0.04%	0.02%
CSX	D	0.01%	0.26%	0.01%
CTLT	A	0.15%	0.07%	0.07%
CTVA	B	1.38%	0.1%	0.1%
DD	C	0.31%	0.09%	0.09%
DE	B	1.91%	0.37%	0.37%
DELL	F	0.91%	0.11%	0.11%
DGX	B	0.62%	0.09%	0.09%
DHR	B	0.56%	0.09%	0.09%
DOW	D	0.2%	0.11%	0.11%
DOX	C	0.02%	0.06%	0.02%
DXCM	F	0.13%	0.14%	0.13%
EA	C	0.02%	0.09%	0.02%
EBAY	A	0.05%	0.06%	0.05%
EL	F	0.04%	0.06%	0.04%
ELV	B	0.44%	0.07%	0.07%
EMN	C	0.01%	0.08%	0.01%
EQR	B	0.07%	0.06%	0.06%
ESS	B	0.04%	0.1%	0.04%
EXAS	B	0.04%	0.06%	0.04%
EXEL	B	0.04%	0.06%	0.04%
EXPE	C	0.04%	0.09%	0.04%
FDS	C	0.01%	0.09%	0.01%
FFIV	B	0.01%	0.07%	0.01%
FICO	A	0.01%	0.1%	0.01%
FIS	A	0.04%	0.12%	0.04%
FLS	C	0.01%	0.06%	0.01%
FNF	B	0.07%	0.08%	0.07%
FTNT	B	0.01%	0.14%	0.01%
GDDY	C	0.01%	0.1%	0.01%
GILD	A	0.74%	0.3%	0.3%
GIS	A	0.29%	0.1%	0.1%
GLW	C	0.09%	0.09%	0.09%
GOOGL	D	3.76%	6.03%	3.76%
GS	C	0.32%	0.07%	0.07%
HAS	B	0.01%	0.07%	0.01%
HD	B	0.36%	0.06%	0.06%
HLT	C	0.02%	0.14%	0.02%
HOLX	A	0.27%	0.09%	0.09%
HPE	D	0.2%	0.06%	0.06%
HPQ	D	0.76%	0.09%	0.09%
HRB	B	0.01%	0.06%	0.01%
IBM	A	0.24%	0.54%	0.24%
ICE	A	0.03%	0.06%	0.03%
IFF	A	0.06%	0.06%	0.06%
ILMN	B	0.09%	0.1%	0.09%
INCY	C	0.09%	0.09%	0.09%
INSM	C	0.02%	0.08%	0.02%
INTC	F	1.44%	0.43%	0.43%
INTU	D	0.03%	0.58%	0.03%
IRM	B	0.01%	0.06%	0.01%
ISRG	B	0.32%	0.08%	0.08%
ITCI	C	0.03%	0.06%	0.03%
ITW	C	0.03%	0.25%	0.03%
IVZ	C	0.03%	0.06%	0.03%
JEF	B	0.04%	0.07%	0.04%
JNJ	B	2.17%	1.26%	1.26%
JNPR	A	0.01%	0.08%	0.01%
K	A	0.26%	0.1%	0.1%
KD	D	0.07%	0.06%	0.06%
KEY	B	0.04%	0.08%	0.04%
KEYS	C	0.01%	0.06%	0.01%
KLAC	D	0.05%	0.39%	0.05%
KO	B	0.01%	0.05%	0.01%
KR	C	0.21%	0.09%	0.09%
L	B	0.06%	0.09%	0.06%
LLY	B	2.12%	2.9%	2.12%
LOW	B	0.23%	0.48%	0.23%
LRCX	F	0.09%	0.52%	0.09%
MA	B	0.11%	1.42%	0.11%
MAA	B	0.05%	0.09%	0.05%
MAR	D	0.05%	0.22%	0.05%
MASI	D	0.07%	0.07%	0.07%
MAT	C	0.01%	0.06%	0.01%
MCK	D	0.49%	0.27%	0.27%
MDLZ	A	0.32%	0.3%	0.3%
MEDP	D	0.04%	0.08%	0.04%
MET	B	0.2%	0.15%	0.15%
MMC	A	0.13%	0.06%	0.06%
MMM	B	0.06%	0.16%	0.06%
MRK	D	1.81%	1.14%	1.14%
MRNA	F	0.28%	0.16%	0.16%
MRVL	D	0.01%	0.19%	0.01%
MS	C	0.34%	0.08%	0.08%
MSCI	B	0.01%	0.11%	0.01%
MSFT	D	2.29%	9.23%	2.29%
MSI	B	0.02%	0.19%	0.02%
MTD	C	0.08%	0.09%	0.08%
MTN	C	0.01%	0.06%	0.01%
MU	F	0.11%	0.59%	0.11%
NBIX	D	0.07%	0.08%	0.07%
NFLX	B	0.08%	1.0%	0.08%
NOW	B	0.02%	0.52%	0.02%
NTAP	D	0.03%	0.06%	0.03%
NTRS	B	0.04%	0.09%	0.04%
NVDA	D	0.08%	0.81%	0.08%
ORCL	A	0.16%	1.37%	0.16%
ORI	B	0.04%	0.06%	0.04%
ORLY	B	0.04%	0.18%	0.04%
OTIS	D	0.02%	0.11%	0.02%
PANW	B	0.01%	0.07%	0.01%
PEP	A	0.41%	0.82%	0.41%
PFE	D	1.55%	0.5%	0.5%
PFG	D	0.06%	0.1%	0.06%
PG	A	4.06%	1.37%	1.37%
PLD	B	0.03%	0.07%	0.03%
PSTG	F	0.01%	0.05%	0.01%
PYPL	B	0.08%	0.22%	0.08%
QCOM	F	0.14%	0.84%	0.14%
QRVO	D	0.01%	0.08%	0.01%
REGN	B	0.61%	0.4%	0.4%
RHI	D	0.03%	0.06%	0.03%
ROK	D	0.02%	0.08%	0.02%
ROKU	C	0.04%	0.06%	0.04%
SCHW	D	0.07%	0.07%	0.07%
SCI	B	0.01%	0.07%	0.01%
SF	C	0.02%	0.06%	0.02%
SHW	B	0.04%	0.06%	0.04%
SJM	A	0.49%	0.08%	0.08%
SNPS	D	0.02%	0.32%	0.02%
SNX	D	0.06%	0.07%	0.06%
SPG	B	0.03%	0.14%	0.03%
SPGI	A	0.03%	0.07%	0.03%
SQ	D	0.05%	0.09%	0.05%
SRPT	D	0.06%	0.07%	0.06%
SSNC	B	0.02%	0.09%	0.02%
STT	B	0.09%	0.05%	0.05%
SWK	B	0.04%	0.08%	0.04%
SYF	C	0.07%	0.09%	0.07%
SYK	A	1.13%	0.46%	0.46%
TER	D	0.01%	0.05%	0.01%
TFC	B	0.1%	0.14%	0.1%
TJX	B	0.06%	0.07%	0.06%
TMO	A	0.85%	0.8%	0.8%
TOST	D	0.01%	0.07%	0.01%
TSLA	D	0.15%	0.12%	0.12%
TTWO	B	0.01%	0.06%	0.01%
TXN	C	0.1%	0.08%	0.08%
UNH	A	0.97%	0.09%	0.09%
UNM	B	0.03%	0.06%	0.03%
UNP	B	0.03%	0.07%	0.03%
UTHR	B	0.08%	0.08%	0.08%
V	A	0.16%	0.08%	0.08%
VOYA	B	0.03%	0.06%	0.03%
VRSK	C	0.01%	0.1%	0.01%
VRSN	C	0.01%	0.1%	0.01%
VRTX	D	0.6%	0.43%	0.43%
VTR	A	0.06%	0.05%	0.05%
VTRS	C	0.24%	0.08%	0.08%
WDAY	C	0.01%	0.13%	0.01%
WDC	D	0.1%	0.06%	0.06%
WM	D	0.05%	0.32%	0.05%
WMT	A	1.05%	1.74%	1.05%
ZBH	D	0.48%	0.05%	0.05%
ZBRA	C	0.03%	0.09%	0.03%
ZION	C	0.02%	0.06%	0.02%

HKND Overweight 731 Positions Relative to QRFT

Symbol	Grade	Weight
MOS	F	1.7%
ADM	D	1.59%
HCA	B	0.97%
BG	D	0.93%
GEHC	B	0.92%
CF	B	0.91%
VZ	B	0.9%
ECL	B	0.89%
T	A	0.82%
FMC	C	0.74%
JPM	B	0.71%
IQV	B	0.53%
BAC	D	0.52%
FDP	B	0.51%
INGR	A	0.48%
CVS	F	0.45%
WFC	D	0.43%
C	D	0.4%
KVUE	A	0.4%
AWK	A	0.37%
TMUS	B	0.37%
CHD	A	0.36%
VLTO	B	0.35%
THC	B	0.31%
HUM	D	0.29%
SPB	B	0.29%
J	C	0.29%
EW	F	0.29%
BBY	A	0.28%
FELE	D	0.25%
AIG	D	0.23%
UHS	B	0.22%
WBA	F	0.21%
PGR	A	0.21%
RMD	A	0.2%
DIS	F	0.19%
TFX	A	0.18%
CHTR	C	0.18%
PRU	C	0.17%
SOLV	B	0.16%
TRV	A	0.16%
DHI	B	0.16%
COF	C	0.16%
A	B	0.15%
AVTR	B	0.15%
FSLR	C	0.15%
ZWS	D	0.15%
ENOV	D	0.15%
LEN	B	0.14%
USB	B	0.13%
TGT	B	0.13%
RUN	B	0.13%
ENPH	D	0.13%
HSIC	C	0.13%
JBL	F	0.12%
AIZ	B	0.12%
OGN	C	0.12%
DVA	B	0.12%
AHCO	A	0.11%
RPRX	B	0.11%
FTRE	F	0.11%
MAN	D	0.1%
ICUI	B	0.1%
KMB	A	0.1%
PNC	B	0.1%
SEM	D	0.1%
HIG	B	0.1%
TITN	F	0.1%
CRL	F	0.09%
FLO	A	0.09%
CDW	D	0.08%
MOH	C	0.08%
CWT	B	0.08%
ITGR	A	0.08%
ALG	D	0.08%
LUMN	B	0.08%
CTSH	B	0.08%
POST	B	0.08%
CPB	A	0.08%
IART	F	0.08%
EMBC	B	0.08%
WTRG	D	0.08%
AFL	B	0.08%
WAT	B	0.07%
PODD	A	0.07%
DFS	C	0.07%
PHM	B	0.07%
MMSI	A	0.07%
SYY	A	0.07%
AMP	B	0.07%
DXC	A	0.07%
EHC	B	0.07%
UAN	D	0.07%
RDNT	B	0.07%
LXU	F	0.07%
BRKR	C	0.06%
FOX	B	0.06%
BERY	B	0.06%
GMED	C	0.06%
CRBG	C	0.06%
RGA	B	0.06%
CNMD	C	0.06%
HAE	F	0.06%
HSY	A	0.06%
WST	D	0.06%
WBD	D	0.06%
TECH	D	0.06%
AVB	B	0.06%
TOL	B	0.05%
TTC	D	0.05%
PCVX	A	0.05%
PEN	C	0.05%
LNC	C	0.05%
GXO	D	0.05%
MKC	A	0.05%
GWW	C	0.05%
GPC	D	0.05%
OMC	B	0.05%
NVR	B	0.05%
SMG	C	0.05%
OMI	C	0.05%
EQH	C	0.05%
SUI	A	0.05%
AVNS	B	0.05%
MKL	C	0.05%
OPK	B	0.05%
RJF	D	0.05%
INVH	B	0.05%
SJW	A	0.05%
WLK	D	0.05%
PPG	D	0.04%
IPG	B	0.04%
LPLA	D	0.04%
WMG	F	0.04%
SGRY	B	0.04%
KDP	A	0.04%
RSG	B	0.04%
LKQ	D	0.04%
CTAS	B	0.04%
IONS	D	0.04%
TROW	D	0.04%
OPCH	A	0.04%
VKTX	C	0.04%
SCSC	C	0.04%
HUN	D	0.04%
AJG	A	0.04%
NOVT	C	0.04%
CINF	B	0.04%
AWR	B	0.04%
WHR	D	0.04%
UNFI	A	0.04%
FITB	B	0.04%
JLL	B	0.04%
WRB	B	0.04%
KLG	B	0.04%
FAF	A	0.04%
ROST	B	0.03%
CHE	C	0.03%
MCO	B	0.03%
CG	D	0.03%
ABM	C	0.03%
CHWY	B	0.03%
WU	C	0.03%
MTH	B	0.03%
HWKN	B	0.03%
GNW	B	0.03%
BBIO	B	0.03%
KBH	B	0.03%
SIRI	F	0.03%
LYV	D	0.03%
RS	D	0.03%
XRX	D	0.03%
RVMD	D	0.03%
ENSG	B	0.03%
NEO	B	0.03%
ON	D	0.03%
MIDD	D	0.03%
MD	B	0.03%
NWS	C	0.03%
FLGT	D	0.03%
HBAN	B	0.03%
OFIX	B	0.03%
TWI	D	0.03%
SANM	D	0.03%
HALO	B	0.03%
AMRX	A	0.03%
SNEX	C	0.03%
ENR	B	0.03%
IT	B	0.03%
IRDM	D	0.03%
CYTK	F	0.03%
UPS	F	0.03%
NSP	F	0.03%
ELS	A	0.03%
CPT	B	0.03%
LBRDA	C	0.03%
GME	C	0.03%
DAR	D	0.03%
EMR	D	0.03%
AMH	A	0.03%
LNTH	C	0.03%
MTB	B	0.03%
TDS	B	0.03%
LNN	D	0.03%
RF	B	0.03%
BEN	F	0.03%
PH	B	0.03%
CNXN	B	0.03%
RKT	B	0.03%
UDR	B	0.03%
TNDM	B	0.03%
FYBR	A	0.03%
GPN	C	0.03%
TMHC	B	0.03%
SEE	D	0.02%
AMPH	C	0.02%
CLDX	A	0.02%
BCO	B	0.02%
R	C	0.02%
STC	B	0.02%
TTEK	B	0.02%
IBKR	B	0.02%
AMRK	A	0.02%
AVT	C	0.02%
NATL	D	0.02%
HST	D	0.02%
ARWR	F	0.02%
CORT	B	0.02%
CMA	B	0.02%
GL	B	0.02%
SMPL	D	0.02%
GH	F	0.02%
PTCT	C	0.02%
NWL	A	0.02%
SWTX	C	0.02%
XRAY	D	0.02%
ADTN	F	0.02%
EME	C	0.02%
AMN	F	0.02%
AXSM	A	0.02%
COMP	B	0.02%
UTZ	A	0.02%
TPG	B	0.02%
EFX	B	0.02%
FOLD	A	0.02%
IOVA	C	0.02%
FCN	C	0.02%
BHF	D	0.02%
GKOS	B	0.02%
MCY	B	0.02%
CRNX	C	0.02%
COOP	B	0.02%
ATRC	C	0.02%
SMMT	B	0.02%
HAIN	B	0.02%
MHO	B	0.02%
DLR	D	0.02%
TSCO	B	0.02%
BR	C	0.02%
MAS	B	0.02%
ALIT	D	0.02%
MDGL	D	0.02%
IDXX	D	0.02%
APD	B	0.02%
CENTA	D	0.02%
CCS	B	0.02%
NDAQ	A	0.02%
AAP	F	0.02%
ZG	B	0.02%
PWR	C	0.02%
LECO	F	0.02%
ACAD	F	0.02%
TXG	D	0.02%
SMCI	F	0.02%
PFSI	A	0.02%
RARE	B	0.02%
TPH	B	0.02%
KRYS	D	0.02%
OMF	D	0.02%
BKD	D	0.02%
BLDR	C	0.02%
BRO	A	0.02%
LILAK	D	0.02%
CCI	A	0.02%
ENTG	D	0.02%
CNXC	C	0.02%
SWKS	D	0.02%
ADV	B	0.02%
DKS	C	0.02%
PAYX	B	0.02%
WSO	D	0.02%
JJSF	C	0.02%
AZTA	F	0.02%
WMS	D	0.02%
JXN	C	0.02%
THS	A	0.02%
AMKR	F	0.02%
TNET	F	0.02%
NUVL	A	0.02%
EQIX	B	0.02%
KELYA	D	0.02%
GFS	F	0.02%
WELL	A	0.02%
KMPR	C	0.02%
USM	B	0.02%
FAST	D	0.02%
THG	A	0.02%
OPEN	D	0.02%
MMS	C	0.02%
APO	D	0.02%
APLS	C	0.02%
WTS	D	0.02%
AMED	B	0.02%
REZI	D	0.02%
MCHP	D	0.02%
GMS	D	0.01%
GTES	C	0.01%
IEX	D	0.01%
FOUR	B	0.01%
MPWR	C	0.01%
KE	F	0.01%
NSC	B	0.01%
COTY	F	0.01%
URBN	D	0.01%
ABCB	B	0.01%
WH	A	0.01%
LFST	A	0.01%
NYT	C	0.01%
CMC	D	0.01%
DLB	F	0.01%
FRPT	B	0.01%
USPH	D	0.01%
UBSI	B	0.01%
YORW	D	0.01%
EXR	B	0.01%
CVCO	B	0.01%
ONB	C	0.01%
SRRK	D	0.01%
APAM	D	0.01%
UI	B	0.01%
PRLB	F	0.01%
VZIO	A	0.01%
RGNX	F	0.01%
AVO	A	0.01%
MIRM	B	0.01%
FIX	C	0.01%
REG	A	0.01%
AEO	D	0.01%
BRX	A	0.01%
PGNY	D	0.01%
BXC	F	0.01%
SILK	B	0.01%
DBX	D	0.01%
MC	B	0.01%
SAGE	F	0.01%
TYL	A	0.01%
BKU	B	0.01%
SIBN	C	0.01%
SSYS	F	0.01%
SCHL	D	0.01%
DAY	C	0.01%
KNF	C	0.01%
TCBI	A	0.01%
PLUS	B	0.01%
WGO	D	0.01%
SSB	B	0.01%
DAWN	D	0.01%
PB	B	0.01%
CADE	C	0.01%
WTM	B	0.01%
KIDS	B	0.01%
IPGP	F	0.01%
VNT	F	0.01%
SNA	D	0.01%
RLI	B	0.01%
GSAT	C	0.01%
CGEM	B	0.01%
FDMT	F	0.01%
HURN	C	0.01%
OZK	D	0.01%
DIOD	F	0.01%
DYN	D	0.01%
UCTT	F	0.01%
WD	B	0.01%
ACIW	B	0.01%
AKRO	C	0.01%
ASB	C	0.01%
BCRX	B	0.01%
HMN	B	0.01%
SYNA	F	0.01%
TARS	B	0.01%
HWC	C	0.01%
VEEV	A	0.01%
GRBK	B	0.01%
UMBF	B	0.01%
HGV	D	0.01%
ACT	A	0.01%
MDXG	F	0.01%
TRUP	B	0.01%
PIPR	B	0.01%
SKY	B	0.01%
LFUS	C	0.01%
LCII	B	0.01%
PAYC	D	0.01%
WPC	A	0.01%
PTGX	B	0.01%
PII	D	0.01%
FNB	C	0.01%
KFRC	D	0.01%
TDC	F	0.01%
PRG	B	0.01%
KURA	D	0.01%
EXLS	B	0.01%
MNKD	A	0.01%
FG	D	0.01%
TDOC	F	0.01%
ASIX	B	0.01%
CCRN	F	0.01%
PNFP	B	0.01%
ADMA	B	0.01%
IMVT	B	0.01%
CNM	F	0.01%
XYL	D	0.01%
BRC	B	0.01%
LANC	D	0.01%
IR	D	0.01%
MTG	B	0.01%
WBS	D	0.01%
RYAN	B	0.01%
CRVL	B	0.01%
VLY	C	0.01%
FHI	B	0.01%
MTCH	B	0.01%
IDT	B	0.01%
MSM	D	0.01%
KWR	D	0.01%
JKHY	B	0.01%
HTH	C	0.01%
NGVT	F	0.01%
SITE	C	0.01%
BEAM	F	0.01%
IOSP	D	0.01%
HLI	B	0.01%
SBAC	A	0.01%
RXRX	F	0.01%
RDN	B	0.01%
CABO	F	0.01%
VSAT	D	0.01%
AXNX	A	0.01%
BECN	D	0.01%
EXPI	F	0.01%
CACC	F	0.01%
CC	F	0.01%
SBH	B	0.01%
RCM	B	0.01%
ENS	D	0.01%
IRT	B	0.01%
AGIO	C	0.01%
LAMR	B	0.01%
UNF	C	0.01%
MORN	C	0.01%
TGNA	D	0.01%
FND	C	0.01%
SXT	C	0.01%
IAC	C	0.01%
EWTX	D	0.01%
CRSR	F	0.01%
TTMI	D	0.01%
ASTH	B	0.01%
ALB	F	0.01%
UHAL	B	0.01%
PINC	A	0.01%
FNA	D	0.01%
RCKT	F	0.01%
AXTA	C	0.01%
SNDX	D	0.01%
DFH	C	0.01%
WTFC	B	0.01%
DOC	B	0.01%
XNCR	F	0.01%
NMRK	A	0.01%
ARDX	D	0.01%
INVA	B	0.01%
HUBB	C	0.01%
LMAT	B	0.01%
BCC	C	0.01%
VNO	B	0.01%
RNA	D	0.01%
CPRX	B	0.01%
KEX	D	0.01%
ACHC	B	0.01%
ANIP	D	0.01%
AIV	B	0.01%
TNC	D	0.01%
WAL	B	0.01%
ADUS	B	0.01%
JBSS	D	0.01%
BOKF	B	0.01%
GERN	D	0.01%
KIM	A	0.01%
KFY	C	0.01%
UFPI	D	0.01%
BGC	B	0.01%
NTLA	F	0.01%
GNRC	C	0.01%
TEX	D	0.01%
CGON	A	0.01%
ARE	D	0.01%
TRMB	D	0.01%
COLL	B	0.01%
KROS	B	0.01%
RYTM	A	0.01%
ICFI	B	0.01%
TNL	D	0.01%
DVAX	C	0.01%
COHR	C	0.01%
VRT	F	0.01%
SANA	D	0.01%
O	A	0.01%
FTV	D	0.01%
SEIC	D	0.01%
LGND	B	0.01%
BURL	B	0.01%
CSTL	A	0.01%
NVST	C	0.01%
VERA	B	0.01%
BZH	B	0.01%
STGW	C	0.01%
EWBC	C	0.01%
ARVN	F	0.01%
ACLX	A	0.01%
FL	D	0.01%
PBH	A	0.01%
HRMY	B	0.01%
SNV	C	0.01%
RRX	D	0.01%
HHH	B	0.01%
AME	D	0.01%
ESI	D	0.01%
NTRA	B	0.01%
NHC	B	0.01%
TWST	F	0.01%
BHE	C	0.01%
LGF.A	F	0.01%
VAC	F	0.01%
AIT	C	0.01%
BGS	C	0.01%
CNO	B	0.01%
KYMR	B	0.01%
NARI	D	0.01%
CLH	C	0.01%
BC	D	0.01%
TRU	B	0.01%
EVH	B	0.01%
H	C	0.01%
INSP	A	0.01%
SPTN	A	0.01%
GT	F	0.01%
NVAX	D	0.01%
CSGP	C	0.01%
ASH	D	0.01%
PRVA	D	0.01%
UWMC	B	0.01%
TGTX	B	0.01%
FCNCA	C	0.01%
RGEN	C	0.01%
DOV	C	0.01%
AMG	C	0.01%
CE	F	0.01%
LGIH	C	0.01%
ERIE	A	0.01%
ASGN	D	0.01%
PDCO	F	0.01%
THO	C	0.01%
IRWD	F	0.01%
HOV	B	0.01%
VCEL	C	0.01%
URI	C	0.01%
VIR	F	0.01%
AGL	F	0.01%
NSIT	C	0.01%
CNDT	B	0.01%
UFPT	B	0.01%
NXST	D	0.01%
VSH	F	0.01%
ARES	C	0.01%
MYGN	B	0.01%
JANX	C	0.01%
FDX	D	0.01%
EEFT	D	0.01%
DNLI	A	0.01%
EPAM	C	0.01%
ESAB	D	0.01%
EVR	B	0.01%
EDR	A	0.01%
ULTA	D	0.01%
WCC	D	0.01%
IDYA	D	0.01%
PSA	A	0.01%
PLXS	B	0.01%
SUPN	B	0.01%
MSEX	B	0.01%
ATR	A	0.01%
ROP	C	0.01%
FHN	C	0.01%
BBWI	F	0.01%
SRCL	A	0.01%
ATEC	F	0.01%
SIGI	D	0.01%
PCRX	F	0.01%
MRVI	A	0.01%
SCLX	F	0.0%
VIRT	A	0.0%
OABI	F	0.0%
ABUS	A	0.0%
BLFS	B	0.0%
QTRX	F	0.0%
PRME	F	0.0%
CELC	F	0.0%
ALT	F	0.0%
APLT	B	0.0%
ABSI	C	0.0%
OLMA	D	0.0%
CTKB	F	0.0%
ORIC	C	0.0%
MNMD	F	0.0%
LQDA	F	0.0%
STOK	A	0.0%
ALEC	F	0.0%
SVRA	D	0.0%
FORM	F	0.0%
ALGM	F	0.0%
SIGA	D	0.0%
PLAB	F	0.0%
LYEL	F	0.0%
EYPT	F	0.0%
OSCR	B	0.0%
PHAT	A	0.0%
COLB	B	0.0%
NUVB	D	0.0%
MSGS	B	0.0%
TW	B	0.0%
MLI	B	0.0%
IRON	B	0.0%
CNS	B	0.0%
YMAB	B	0.0%
AEIS	D	0.0%
CRAI	D	0.0%
WAFD	B	0.0%
ITRI	D	0.0%
ZEUS	F	0.0%
SPRY	B	0.0%
STEP	B	0.0%
WSFS	C	0.0%
NDSN	C	0.0%
DFIN	B	0.0%
TTD	B	0.0%
BSY	D	0.0%
LBPH	B	0.0%
UCBI	B	0.0%
MMI	B	0.0%
GGG	D	0.0%
ANAB	B	0.0%
NVEE	F	0.0%
ARCT	F	0.0%
RLAY	F	0.0%
HSII	B	0.0%
CBT	B	0.0%
CHH	C	0.0%
PLRX	C	0.0%
FHB	C	0.0%
IBP	D	0.0%
MLYS	F	0.0%
COGT	B	0.0%
VRDN	F	0.0%
GOLF	C	0.0%
CATY	B	0.0%
ETNB	D	0.0%
HZO	D	0.0%
AZZ	C	0.0%
SAFT	B	0.0%
GIC	F	0.0%
VCYT	B	0.0%
GBCI	B	0.0%
ITT	C	0.0%
REYN	A	0.0%
PCTY	C	0.0%
SAVA	B	0.0%
OCUL	B	0.0%
HOMB	B	0.0%
PLAY	F	0.0%
MODG	F	0.0%
IMNM	D	0.0%
SONO	F	0.0%
ANF	D	0.0%
TRIP	F	0.0%
CTS	D	0.0%
TKO	B	0.0%
DCI	C	0.0%
NRIX	B	0.0%
CNA	B	0.0%
CBZ	D	0.0%
VCTR	B	0.0%
ONTO	D	0.0%
PTC	D	0.0%
SATS	A	0.0%
FIVE	F	0.0%
CARR	B	0.0%
TMCI	F	0.0%
ROG	F	0.0%
BBSI	C	0.0%
PJT	C	0.0%
FRT	A	0.0%
SFNC	B	0.0%
TYRA	B	0.0%
UFCS	D	0.0%
ELVN	D	0.0%
SFM	B	0.0%
ARQT	B	0.0%
TKR	D	0.0%
UVE	B	0.0%
IRTC	F	0.0%
DORM	B	0.0%
POOL	C	0.0%
SLAB	D	0.0%
PNTG	B	0.0%
FULT	C	0.0%
EOLS	B	0.0%
NX	D	0.0%
RCUS	C	0.0%
TVTX	A	0.0%

HKND Underweight 117 Positions Relative to QRFT

Symbol	Grade	Weight
META	C	-3.83%
ACN	A	-0.63%
CAT	C	-0.59%
GE	C	-0.59%
PM	A	-0.55%
UBER	B	-0.51%
RTX	B	-0.48%
HON	D	-0.47%
MDT	A	-0.41%
BA	F	-0.38%
LMT	A	-0.38%
NKE	C	-0.37%
MELI	B	-0.31%
TT	B	-0.3%
SHOP	C	-0.29%
MO	A	-0.27%
NXPI	D	-0.24%
NOC	B	-0.22%
BRK.A	B	-0.22%
MPC	D	-0.21%
AON	A	-0.2%
SPOT	C	-0.19%
GM	B	-0.15%
LHX	C	-0.12%
F	D	-0.12%
RBLX	B	-0.11%
SNAP	F	-0.11%
DASH	B	-0.11%
SNOW	F	-0.11%
HOOD	D	-0.1%
TDY	B	-0.1%
EXPD	D	-0.1%
CHKP	B	-0.1%
DPZ	D	-0.1%
AVY	B	-0.1%
XOM	C	-0.1%
DKNG	D	-0.1%
KHC	A	-0.1%
MANH	B	-0.09%
OKTA	F	-0.09%
TSN	A	-0.09%
IP	B	-0.09%
NWSA	C	-0.09%
TXT	D	-0.09%
NRG	C	-0.09%
LIN	B	-0.09%
XPO	D	-0.08%
WRK	C	-0.08%
CYBR	C	-0.08%
MGM	F	-0.08%
WING	C	-0.08%
YUMC	C	-0.08%
NTNX	A	-0.08%
Z	B	-0.08%
HUBS	F	-0.08%
GWRE	A	-0.08%
GRMN	B	-0.08%
LYB	D	-0.08%
MCD	A	-0.08%
AMCR	B	-0.08%
BKR	D	-0.08%
WTW	A	-0.07%
KKR	B	-0.07%
TWLO	D	-0.07%
PCOR	F	-0.07%
WIX	C	-0.07%
COP	D	-0.07%
ELAN	B	-0.07%
DOCU	A	-0.07%
ETN	D	-0.07%
CHRW	B	-0.07%
FTI	D	-0.07%
MKSI	F	-0.07%
NEE	A	-0.07%
MNDY	C	-0.07%
WAB	B	-0.07%
GOLD	C	-0.07%
OLN	F	-0.06%
GTLB	C	-0.06%
SCCO	D	-0.06%
CNI	D	-0.06%
LEA	F	-0.06%
DUK	A	-0.06%
GD	B	-0.06%
ETSY	F	-0.06%
PINS	F	-0.06%
WEX	C	-0.06%
MHK	B	-0.06%
BWA	D	-0.06%
ZTS	A	-0.06%
SO	A	-0.06%
BRBR	A	-0.06%
WSC	D	-0.06%
RL	A	-0.06%
AM	C	-0.06%
BX	B	-0.06%
SBUX	B	-0.06%
ALV	D	-0.06%
TD	A	-0.06%
TEAM	F	-0.06%
CERE	A	-0.06%
CB	A	-0.06%
INFA	F	-0.06%
OHI	A	-0.06%
CMG	D	-0.06%
JAZZ	D	-0.06%
KBR	C	-0.06%
BAH	B	-0.05%
CVX	F	-0.05%
TDG	B	-0.05%
STX	D	-0.05%
NET	F	-0.05%
IOT	A	-0.05%
LYFT	F	-0.05%
ST	D	-0.05%
CHX	D	-0.05%
LDOS	B	-0.04%