HKND vs. QWLD ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to SPDR MSCI World Quality Mix ETF (QWLD)

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

3,746

Number of Holdings ^*

952

* may have additional holdings in another (foreign) market

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.03

Average Daily Volume

4,063

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	HKND	QWLD
30 Days	0.27%	1.38%
60 Days	6.66%	8.66%
90 Days	5.32%	5.18%
12 Months	23.45%	29.66%

382 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in QWLD	Overlap
A	B	0.15%	0.07%	0.07%
AAPL	C	2.16%	2.54%	2.16%
ABBV	C	1.9%	0.39%	0.39%
ABBV	C	1.9%	0.16%	0.16%
ABNB	D	0.01%	0.01%	0.01%
ABT	C	1.06%	0.09%	0.09%
ACI	F	0.06%	0.02%	0.02%
ACM	A	0.08%	0.01%	0.01%
ADBE	F	0.05%	0.42%	0.05%
ADI	B	0.04%	0.04%	0.04%
ADM	F	1.55%	0.05%	0.05%
ADP	A	0.07%	0.23%	0.07%
ADSK	B	0.01%	0.09%	0.01%
AFG	A	0.03%	0.02%	0.02%
AFL	A	0.08%	0.12%	0.08%
AGCO	D	0.7%	0.01%	0.01%
AIG	C	0.22%	0.06%	0.06%
AIZ	B	0.12%	0.07%	0.07%
AJG	C	0.04%	0.18%	0.04%
AKAM	D	0.01%	0.13%	0.01%
ALB	D	0.01%	0.01%	0.01%
ALGN	D	0.02%	0.01%	0.01%
ALL	A	0.21%	0.07%	0.07%
ALLY	F	0.04%	0.01%	0.01%
AMAT	C	0.16%	0.34%	0.16%
AMD	C	0.07%	0.04%	0.04%
AME	C	0.01%	0.01%	0.01%
AMGN	D	1.04%	0.18%	0.18%
AMH	D	0.03%	0.0%	0.0%
AMP	A	0.07%	0.08%	0.07%
AMT	D	0.04%	0.03%	0.03%
AMZN	C	0.6%	0.33%	0.33%
ANET	A	0.02%	0.19%	0.02%
ANSS	D	0.01%	0.0%	0.0%
AOS	C	0.01%	0.02%	0.01%
APD	C	0.02%	0.03%	0.02%
APH	D	0.04%	0.39%	0.04%
APO	A	0.03%	0.01%	0.01%
APP	A	0.01%	0.0%	0.0%
ARE	D	0.01%	0.01%	0.01%
ARES	A	0.01%	0.0%	0.0%
AVB	C	0.06%	0.01%	0.01%
AVGO	B	0.12%	0.11%	0.11%
AVTR	D	0.15%	0.01%	0.01%
AWK	D	0.37%	0.01%	0.01%
AXP	A	0.21%	0.06%	0.06%
AZO	D	0.04%	0.28%	0.04%
BAC	B	0.5%	0.32%	0.32%
BAX	D	0.86%	0.02%	0.02%
BBWI	F	0.02%	0.0%	0.0%
BBY	C	0.28%	0.06%	0.06%
BDX	C	1.14%	0.08%	0.08%
BEN	F	0.03%	0.01%	0.01%
BG	F	0.9%	0.03%	0.03%
BIIB	F	0.29%	0.02%	0.02%
BIO	B	0.09%	0.0%	0.0%
BK	A	0.11%	0.05%	0.05%
BKNG	B	0.07%	0.02%	0.02%
BLDR	C	0.02%	0.05%	0.02%
BLK	A	0.11%	0.22%	0.11%
BMRN	F	0.07%	0.08%	0.07%
BMY	A	0.91%	0.19%	0.19%
BR	B	0.02%	0.04%	0.02%
BRO	A	0.02%	0.13%	0.02%
BSX	A	0.72%	0.02%	0.02%
BSY	D	0.0%	0.01%	0.0%
BURL	C	0.01%	0.01%	0.01%
BXP	B	0.02%	0.01%	0.01%
C	B	0.4%	0.22%	0.22%
CAG	D	0.36%	0.05%	0.05%
CAH	B	0.3%	0.12%	0.12%
CARR	A	0.01%	0.02%	0.01%
CBRE	C	0.11%	0.03%	0.03%
CCI	D	0.02%	0.02%	0.02%
CDNS	D	0.01%	0.12%	0.01%
CDW	D	0.08%	0.09%	0.08%
CE	D	0.01%	0.01%	0.01%
CF	A	0.97%	0.13%	0.13%
CFG	C	0.03%	0.03%	0.03%
CG	B	0.03%	0.01%	0.01%
CHD	D	0.35%	0.18%	0.18%
CHTR	D	0.17%	0.04%	0.04%
CI	D	1.06%	0.19%	0.19%
CINF	A	0.04%	0.02%	0.02%
CL	D	1.33%	0.21%	0.21%
CLX	C	0.24%	0.01%	0.01%
CMCSA	B	0.68%	0.16%	0.16%
CME	A	0.02%	0.15%	0.02%
CMI	A	0.05%	0.09%	0.05%
CNC	F	0.33%	0.06%	0.06%
COF	A	0.17%	0.08%	0.08%
COIN	F	0.01%	0.0%	0.0%
COST	C	0.1%	0.73%	0.1%
CPB	D	0.08%	0.1%	0.08%
CPT	C	0.03%	0.01%	0.01%
CRBG	B	0.06%	0.01%	0.01%
CRL	F	0.09%	0.0%	0.0%
CRM	B	0.08%	0.05%	0.05%
CSCO	A	0.17%	0.92%	0.17%
CSGP	F	0.01%	0.0%	0.0%
CSL	A	0.03%	0.03%	0.03%
CSX	D	0.01%	0.11%	0.01%
CTAS	C	0.04%	0.13%	0.04%
CTLT	A	0.14%	0.01%	0.01%
CTSH	B	0.08%	0.2%	0.08%
CTVA	A	1.44%	0.04%	0.04%
CVS	D	0.48%	0.18%	0.18%
DAY	C	0.01%	0.0%	0.0%
DD	C	0.33%	0.02%	0.02%
DE	C	2.05%	0.06%	0.06%
DELL	C	0.98%	0.01%	0.01%
DFS	A	0.07%	0.03%	0.03%
DGX	D	0.6%	0.1%	0.1%
DHI	C	0.16%	0.12%	0.12%
DHR	D	0.58%	0.06%	0.06%
DIS	D	0.21%	0.08%	0.08%
DKS	D	0.02%	0.02%	0.02%
DLR	C	0.02%	0.02%	0.02%
DOC	C	0.01%	0.01%	0.01%
DOV	C	0.01%	0.04%	0.01%
DOW	B	0.21%	0.04%	0.04%
DVA	C	0.13%	0.01%	0.01%
DXCM	F	0.12%	0.0%	0.0%
EA	D	0.02%	0.17%	0.02%
EBAY	A	0.06%	0.01%	0.01%
ECL	C	0.9%	0.01%	0.01%
EFX	D	0.02%	0.01%	0.01%
EL	D	0.04%	0.01%	0.01%
ELS	D	0.03%	0.0%	0.0%
ELV	F	0.4%	0.26%	0.26%
EME	B	0.02%	0.04%	0.02%
EMN	C	0.01%	0.01%	0.01%
EMR	B	0.03%	0.02%	0.02%
ENPH	F	0.13%	0.03%	0.03%
ENTG	D	0.02%	0.0%	0.0%
EPAM	F	0.01%	0.02%	0.01%
EQH	B	0.05%	0.01%	0.01%
EQIX	C	0.02%	0.01%	0.01%
EQR	C	0.07%	0.01%	0.01%
ERIE	A	0.01%	0.15%	0.01%
ESS	D	0.04%	0.01%	0.01%
EW	F	0.28%	0.07%	0.07%
EXAS	C	0.04%	0.0%	0.0%
EXPE	B	0.04%	0.01%	0.01%
EXR	D	0.01%	0.01%	0.01%
FAST	C	0.03%	0.08%	0.03%
FCNCA	D	0.01%	0.09%	0.01%
FDS	C	0.01%	0.03%	0.01%
FDX	F	0.01%	0.06%	0.01%
FFIV	B	0.01%	0.14%	0.01%
FICO	C	0.01%	0.04%	0.01%
FIS	A	0.03%	0.02%	0.02%
FITB	C	0.04%	0.03%	0.03%
FNF	C	0.07%	0.01%	0.01%
FOX	B	0.06%	0.01%	0.01%
FSLR	C	0.18%	0.01%	0.01%
FTNT	A	0.01%	0.01%	0.01%
FTV	C	0.01%	0.01%	0.01%
GDDY	B	0.01%	0.21%	0.01%
GEHC	C	0.99%	0.02%	0.02%
GGG	C	0.0%	0.03%	0.0%
GILD	A	0.77%	0.22%	0.22%
GIS	C	0.3%	0.37%	0.3%
GLW	C	0.1%	0.02%	0.02%
GOOGL	B	3.88%	1.0%	1.0%
GPC	D	0.05%	0.06%	0.05%
GPN	F	0.03%	0.02%	0.02%
GS	B	0.33%	0.14%	0.14%
GWW	B	0.05%	0.1%	0.05%
H	B	0.01%	0.0%	0.0%
HBAN	B	0.03%	0.03%	0.03%
HCA	C	0.98%	0.04%	0.04%
HD	A	0.39%	0.14%	0.14%
HIG	A	0.1%	0.03%	0.03%
HLT	A	0.02%	0.01%	0.01%
HOLX	D	0.26%	0.01%	0.01%
HPE	B	0.21%	0.03%	0.03%
HPQ	B	0.76%	0.04%	0.04%
HSIC	D	0.14%	0.01%	0.01%
HST	D	0.02%	0.01%	0.01%
HSY	D	0.06%	0.17%	0.06%
HUBB	A	0.01%	0.04%	0.01%
HUM	F	0.25%	0.17%	0.17%
IBM	A	0.26%	0.49%	0.26%
ICE	A	0.03%	0.03%	0.03%
IDXX	D	0.02%	0.09%	0.02%
IEX	D	0.01%	0.02%	0.01%
IFF	D	0.06%	0.01%	0.01%
ILMN	B	0.09%	0.0%	0.0%
INCY	B	0.09%	0.12%	0.09%
INTC	D	1.7%	0.1%	0.1%
INTU	F	0.03%	0.23%	0.03%
INVH	D	0.05%	0.01%	0.01%
IPG	D	0.03%	0.02%	0.02%
IQV	F	0.49%	0.01%	0.01%
IR	A	0.01%	0.01%	0.01%
IRM	B	0.01%	0.01%	0.01%
ISRG	C	0.31%	0.23%	0.23%
IT	A	0.03%	0.03%	0.03%
ITW	C	0.03%	0.13%	0.03%
J	F	0.31%	0.01%	0.01%
JBL	C	0.14%	0.02%	0.02%
JKHY	A	0.01%	0.06%	0.01%
JNJ	D	2.07%	1.13%	1.13%
JNPR	C	0.01%	0.13%	0.01%
JPM	C	0.67%	0.51%	0.51%
K	B	0.26%	0.22%	0.22%
KDP	C	0.04%	0.16%	0.04%
KEY	B	0.04%	0.02%	0.02%
KEYS	B	0.01%	0.17%	0.01%
KIM	C	0.01%	0.01%	0.01%
KLAC	B	0.05%	0.18%	0.05%
KMB	D	0.1%	0.12%	0.1%
KO	C	0.01%	0.64%	0.01%
KR	C	0.22%	0.3%	0.22%
KVUE	C	0.42%	0.08%	0.08%
L	C	0.05%	0.16%	0.05%
LEN	C	0.14%	0.09%	0.09%
LKQ	F	0.04%	0.01%	0.01%
LLY	D	1.93%	1.31%	1.31%
LOW	C	0.24%	0.07%	0.07%
LPLA	D	0.04%	0.03%	0.03%
LRCX	D	0.1%	0.21%	0.1%
LYV	A	0.03%	0.0%	0.0%
MA	A	0.11%	0.66%	0.11%
MAA	D	0.05%	0.01%	0.01%
MAR	A	0.06%	0.01%	0.01%
MAS	C	0.02%	0.01%	0.01%
MCHP	F	0.03%	0.07%	0.03%
MCK	F	0.42%	0.45%	0.42%
MCO	D	0.02%	0.13%	0.02%
MDLZ	D	0.32%	0.16%	0.16%
MET	A	0.21%	0.05%	0.05%
MKC	C	0.05%	0.01%	0.01%
MKL	B	0.05%	0.12%	0.05%
MMC	D	0.12%	0.5%	0.12%
MMM	C	0.06%	0.15%	0.06%
MOH	F	0.07%	0.07%	0.07%
MOS	F	1.66%	0.02%	0.02%
MPWR	B	0.01%	0.06%	0.01%
MRK	F	1.74%	0.49%	0.49%
MRNA	F	0.25%	0.01%	0.01%
MRVL	C	0.01%	0.01%	0.01%
MS	A	0.35%	0.09%	0.09%
MSCI	B	0.01%	0.0%	0.0%
MSFT	D	2.37%	2.31%	2.31%
MSI	A	0.02%	0.58%	0.02%
MTB	A	0.03%	0.04%	0.03%
MTCH	B	0.01%	0.0%	0.0%
MU	D	0.13%	0.04%	0.04%
NBIX	F	0.06%	0.1%	0.06%
NDAQ	C	0.02%	0.01%	0.01%
NDSN	C	0.0%	0.02%	0.0%
NFLX	A	0.08%	0.45%	0.08%
NOW	B	0.02%	0.01%	0.01%
NSC	C	0.0%	0.03%	0.0%
NTAP	D	0.03%	0.04%	0.03%
NTRS	B	0.04%	0.01%	0.01%
NVDA	B	0.09%	2.11%	0.09%
NVR	C	0.05%	0.07%	0.05%
O	C	0.01%	0.02%	0.01%
OMC	C	0.05%	0.04%	0.04%
ON	F	0.03%	0.02%	0.02%
ORCL	A	0.2%	0.23%	0.2%
ORLY	A	0.04%	0.22%	0.04%
OTIS	A	0.02%	0.01%	0.01%
PANW	B	0.01%	0.15%	0.01%
PAYC	D	0.01%	0.02%	0.01%
PAYX	B	0.02%	0.09%	0.02%
PEP	F	0.39%	0.81%	0.39%
PFE	D	1.58%	0.2%	0.2%
PFG	A	0.06%	0.02%	0.02%
PG	D	4.0%	0.95%	0.95%
PGR	B	0.21%	0.33%	0.21%
PH	A	0.04%	0.02%	0.02%
PHM	C	0.08%	0.07%	0.07%
PLD	D	0.03%	0.05%	0.03%
PNC	C	0.1%	0.08%	0.08%
PODD	C	0.08%	0.0%	0.0%
POOL	D	0.01%	0.03%	0.01%
PPG	D	0.04%	0.02%	0.02%
PRU	B	0.17%	0.04%	0.04%
PSA	C	0.01%	0.09%	0.01%
PSTG	F	0.01%	0.0%	0.0%
PTC	B	0.0%	0.07%	0.0%
PWR	A	0.02%	0.01%	0.01%
PYPL	A	0.09%	0.04%	0.04%
QCOM	D	0.15%	0.33%	0.15%
QRVO	F	0.01%	0.01%	0.01%
REG	C	0.01%	0.01%	0.01%
REGN	D	0.54%	0.41%	0.41%
RF	B	0.03%	0.03%	0.03%
RJF	B	0.05%	0.01%	0.01%
RMD	C	0.2%	0.05%	0.05%
ROK	D	0.02%	0.06%	0.02%
ROKU	C	0.05%	0.0%	0.0%
ROP	D	0.01%	0.48%	0.01%
ROST	D	0.02%	0.02%	0.02%
RPRX	D	0.11%	0.01%	0.01%
RS	D	0.03%	0.01%	0.01%
RSG	D	0.03%	0.43%	0.03%
SBAC	C	0.01%	0.01%	0.01%
SCHW	D	0.07%	0.03%	0.03%
SEIC	B	0.01%	0.01%	0.01%
SHW	C	0.05%	0.14%	0.05%
SJM	D	0.5%	0.08%	0.08%
SMCI	F	0.02%	0.03%	0.02%
SNA	C	0.01%	0.03%	0.01%
SNPS	F	0.02%	0.12%	0.02%
SOLV	C	0.16%	0.03%	0.03%
SPG	A	0.03%	0.02%	0.02%
SPGI	C	0.03%	0.04%	0.03%
SQ	D	0.05%	0.01%	0.01%
SSNC	C	0.02%	0.01%	0.01%
STT	A	0.09%	0.03%	0.03%
SUI	D	0.05%	0.01%	0.01%
SWK	C	0.04%	0.02%	0.02%
SWKS	F	0.02%	0.03%	0.02%
SYF	A	0.07%	0.03%	0.03%
SYK	C	1.12%	0.03%	0.03%
SYY	D	0.07%	0.03%	0.03%
T	B	0.87%	0.37%	0.37%
TECH	D	0.07%	0.0%	0.0%
TER	C	0.01%	0.03%	0.01%
TFC	D	0.1%	0.08%	0.08%
TFX	C	0.18%	0.01%	0.01%
TGT	C	0.13%	0.15%	0.13%
TJX	D	0.06%	0.33%	0.06%
TMO	D	0.86%	0.07%	0.07%
TMUS	A	0.38%	0.64%	0.38%
TOST	B	0.01%	0.0%	0.0%
TRMB	B	0.01%	0.01%	0.01%
TROW	D	0.04%	0.05%	0.04%
TRU	C	0.01%	0.01%	0.01%
TRV	B	0.16%	0.26%	0.16%
TSCO	A	0.02%	0.05%	0.02%
TSLA	C	0.18%	0.13%	0.13%
TTC	F	0.04%	0.02%	0.02%
TTD	A	0.0%	0.0%	0.0%
TTWO	D	0.01%	0.01%	0.01%
TW	A	0.0%	0.0%	0.0%
TXN	C	0.1%	0.49%	0.1%
TYL	D	0.01%	0.0%	0.0%
UDR	C	0.03%	0.0%	0.0%
UHAL	C	0.01%	0.01%	0.01%
UHS	D	0.21%	0.01%	0.01%
ULTA	D	0.02%	0.07%	0.02%
UNH	B	0.94%	1.3%	0.94%
UNP	F	0.02%	0.27%	0.02%
UPS	D	0.03%	0.07%	0.03%
URI	C	0.01%	0.02%	0.01%
USB	C	0.12%	0.08%	0.08%
UTHR	C	0.08%	0.14%	0.08%
V	B	0.15%	1.05%	0.15%
VEEV	C	0.01%	0.04%	0.01%
VLTO	A	0.34%	0.05%	0.05%
VRSK	D	0.01%	0.0%	0.0%
VRSN	C	0.01%	0.14%	0.01%
VRT	B	0.01%	0.0%	0.0%
VRTX	D	0.57%	0.42%	0.42%
VTR	C	0.06%	0.01%	0.01%
VTRS	D	0.23%	0.03%	0.03%
VZ	C	0.94%	0.61%	0.61%
WAT	B	0.07%	0.04%	0.04%
WBA	F	0.21%	0.04%	0.04%
WBD	F	0.07%	0.06%	0.06%
WDAY	D	0.01%	0.04%	0.01%
WDC	C	0.1%	0.01%	0.01%
WELL	C	0.02%	0.02%	0.02%
WFC	B	0.41%	0.21%	0.21%
WLK	C	0.06%	0.0%	0.0%
WM	B	0.05%	0.48%	0.05%
WMT	A	1.08%	0.71%	0.71%
WPC	C	0.01%	0.01%	0.01%
WRB	C	0.04%	0.13%	0.04%
WSO	C	0.02%	0.03%	0.02%
WST	D	0.06%	0.03%	0.03%
WTRG	D	0.08%	0.01%	0.01%
XRX	D	0.03%	0.0%	0.0%
XYL	C	0.01%	0.01%	0.01%
ZBH	F	0.44%	0.01%	0.01%
ZBRA	B	0.03%	0.01%	0.01%

HKND Overweight 571 Positions Relative to QWLD

Symbol	Grade	Weight
FMC	C	0.78%
FDP	C	0.5%
INGR	B	0.49%
THC	D	0.31%
SPB	C	0.29%
FELE	C	0.26%
ZWS	A	0.17%
ENOV	F	0.15%
RUN	D	0.13%
LUMN	C	0.12%
ICUI	B	0.11%
TITN	F	0.11%
AHCO	D	0.11%
ALNY	C	0.1%
MAN	D	0.1%
FTRE	F	0.1%
SEM	D	0.1%
OGN	F	0.1%
MASI	B	0.09%
MTD	C	0.09%
FLO	D	0.09%
ITGR	B	0.08%
ALG	F	0.08%
LXU	C	0.08%
POST	C	0.08%
RDNT	C	0.08%
KD	D	0.07%
MMSI	C	0.07%
EMBC	F	0.07%
UAN	F	0.07%
DXC	C	0.07%
EHC	C	0.07%
CWT	D	0.07%
IART	F	0.07%
GMED	B	0.06%
BERY	C	0.06%
SRPT	F	0.06%
SMG	C	0.06%
SNX	C	0.06%
RGA	B	0.06%
BRKR	D	0.06%
CNMD	F	0.06%
HAE	F	0.06%
LNC	B	0.05%
FAF	C	0.05%
JLL	C	0.05%
PCVX	C	0.05%
OPK	D	0.05%
AVNS	D	0.05%
GXO	D	0.05%
SJW	D	0.05%
TOL	C	0.05%
AYI	A	0.05%
OMI	F	0.05%
UNM	A	0.04%
SGRY	C	0.04%
ORI	A	0.04%
OPCH	F	0.04%
CNXN	C	0.04%
CR	A	0.04%
SCSC	D	0.04%
MEDP	F	0.04%
TMHC	C	0.04%
JEF	A	0.04%
WMG	D	0.04%
VKTX	C	0.04%
LBRDA	C	0.04%
NOVT	C	0.04%
AWR	B	0.04%
PEN	D	0.04%
UNFI	C	0.04%
EXEL	B	0.04%
FYBR	C	0.04%
HUN	B	0.04%
KLG	F	0.04%
WHR	C	0.04%
SF	A	0.03%
WU	D	0.03%
NEO	F	0.03%
GNW	A	0.03%
REZI	D	0.03%
OPEN	F	0.03%
CHE	D	0.03%
WTS	C	0.03%
OFIX	D	0.03%
ENSG	D	0.03%
NUVL	B	0.03%
HWKN	B	0.03%
CHWY	C	0.03%
HALO	D	0.03%
MTH	C	0.03%
FLGT	F	0.03%
ARW	C	0.03%
NSP	F	0.03%
AMRX	B	0.03%
KBH	D	0.03%
NWS	D	0.03%
CYTK	D	0.03%
SMMT	D	0.03%
ENR	B	0.03%
MIDD	D	0.03%
VOYA	A	0.03%
RVMD	B	0.03%
DAR	F	0.03%
TWI	F	0.03%
MD	B	0.03%
SANM	D	0.03%
SNEX	B	0.03%
GME	D	0.03%
IONS	F	0.03%
ITCI	D	0.03%
TDS	C	0.03%
RKT	D	0.03%
BPMC	F	0.03%
RHI	D	0.03%
LNTH	C	0.03%
IVZ	A	0.03%
IRDM	C	0.03%
LNN	C	0.03%
TNDM	D	0.03%
SRCL	B	0.02%
WCC	D	0.02%
TTEK	A	0.02%
AMPH	C	0.02%
FOLD	F	0.02%
ATR	A	0.02%
STC	D	0.02%
SEE	C	0.02%
GL	C	0.02%
DNLI	C	0.02%
PLXS	A	0.02%
NATL	D	0.02%
R	C	0.02%
BCO	C	0.02%
MDGL	F	0.02%
AVT	B	0.02%
GKOS	B	0.02%
AXSM	D	0.02%
ADTN	C	0.02%
IBKR	A	0.02%
BHF	D	0.02%
FCN	C	0.02%
CRNX	C	0.02%
UTZ	D	0.02%
CMA	C	0.02%
NWL	D	0.02%
MCY	B	0.02%
SMPL	D	0.02%
COOP	B	0.02%
CENTA	F	0.02%
AAP	F	0.02%
AMRK	C	0.02%
XRAY	D	0.02%
ALIT	D	0.02%
ACAD	F	0.02%
PTCT	C	0.02%
HAIN	C	0.02%
INSM	D	0.02%
DOX	B	0.02%
BKD	F	0.02%
TXG	F	0.02%
KRYS	D	0.02%
APLS	F	0.02%
RARE	D	0.02%
ATRC	C	0.02%
OMF	D	0.02%
GAP	F	0.02%
LECO	D	0.02%
MHO	C	0.02%
ADV	F	0.02%
CCS	C	0.02%
TPG	A	0.02%
TPH	C	0.02%
COMP	C	0.02%
CORT	B	0.02%
PFSI	C	0.02%
LILAK	D	0.02%
JJSF	C	0.02%
TNET	D	0.02%
GFS	F	0.02%
KMPR	D	0.02%
THS	D	0.02%
AZTA	F	0.02%
ZG	C	0.02%
ABM	D	0.02%
BBIO	F	0.02%
AMKR	F	0.02%
KELYA	D	0.02%
USM	B	0.02%
JXN	A	0.02%
WMS	D	0.02%
THG	A	0.02%
AMED	D	0.02%
MMS	C	0.02%
EOLS	C	0.01%
DORM	C	0.01%
ONB	D	0.01%
ONTO	B	0.01%
UBSI	D	0.01%
IRTC	F	0.01%
ABCB	C	0.01%
ELVN	A	0.01%
PNTG	C	0.01%
SFM	A	0.01%
YORW	F	0.01%
SRRK	F	0.01%
MIRM	D	0.01%
USPH	F	0.01%
RGNX	F	0.01%
COTY	F	0.01%
GTES	C	0.01%
NX	F	0.01%
KE	F	0.01%
FRPT	A	0.01%
MAT	B	0.01%
KIDS	F	0.01%
PJT	A	0.01%
SAGE	F	0.01%
PRLB	F	0.01%
WH	C	0.01%
CRUS	D	0.01%
SLAB	D	0.01%
VZIO	A	0.01%
GMS	B	0.01%
NYT	C	0.01%
URBN	F	0.01%
FLS	A	0.01%
BKU	D	0.01%
WTM	C	0.01%
FIVE	D	0.01%
BRX	C	0.01%
LFST	C	0.01%
FOUR	A	0.01%
DLB	D	0.01%
CVCO	C	0.01%
CMC	D	0.01%
APAM	B	0.01%
CGEM	F	0.01%
PB	D	0.01%
UI	B	0.01%
SSB	C	0.01%
GSAT	F	0.01%
CADE	B	0.01%
WGO	D	0.01%
DBX	C	0.01%
BCRX	D	0.01%
SCHL	F	0.01%
MC	B	0.01%
BXC	D	0.01%
VNT	F	0.01%
AEO	C	0.01%
OZK	D	0.01%
MDXG	F	0.01%
ASB	D	0.01%
APG	F	0.01%
HURN	D	0.01%
HWC	D	0.01%
TCBI	B	0.01%
RLI	A	0.01%
DAWN	D	0.01%
VRDN	B	0.01%
DIOD	F	0.01%
HMN	B	0.01%
VSAT	F	0.01%
MTN	D	0.01%
PLUS	B	0.01%
FIX	A	0.01%
ACIW	A	0.01%
FNB	D	0.01%
CCRN	F	0.01%
CBSH	D	0.01%
AVO	C	0.01%
UMBF	C	0.01%
DYN	D	0.01%
HAS	A	0.01%
TRUP	B	0.01%
HGV	F	0.01%
KFRC	F	0.01%
WD	C	0.01%
IMVT	D	0.01%
LFUS	C	0.01%
SSYS	D	0.01%
KURA	F	0.01%
ACT	B	0.01%
KNF	B	0.01%
SYNA	F	0.01%
AKRO	D	0.01%
SATS	C	0.01%
FNA	F	0.01%
IPGP	D	0.01%
PIPR	A	0.01%
PII	D	0.01%
TVTX	A	0.01%
PNFP	B	0.01%
GRBK	C	0.01%
SKY	C	0.01%
LCII	C	0.01%
CFR	B	0.01%
CNM	F	0.01%
MNKD	B	0.01%
UCTT	D	0.01%
PTGX	C	0.01%
PRG	C	0.01%
EXLS	B	0.01%
FG	B	0.01%
WBS	D	0.01%
BRC	C	0.01%
ACHC	F	0.01%
CRVL	C	0.01%
MTG	A	0.01%
HTH	F	0.01%
TDC	D	0.01%
SANA	F	0.01%
CABO	F	0.01%
IDT	C	0.01%
RYAN	A	0.01%
RDN	D	0.01%
ASIX	A	0.01%
LANC	F	0.01%
VLY	C	0.01%
CACC	F	0.01%
IOSP	F	0.01%
AXNX	A	0.01%
TARS	C	0.01%
IRT	D	0.01%
BEAM	F	0.01%
MORN	B	0.01%
SNDX	F	0.01%
RCM	B	0.01%
TDOC	D	0.01%
FHI	A	0.01%
KWR	F	0.01%
BECN	D	0.01%
HLI	A	0.01%
ENS	B	0.01%
NGVT	D	0.01%
AGIO	D	0.01%
PINC	F	0.01%
SBH	B	0.01%
MSM	D	0.01%
ADMA	A	0.01%
UNF	A	0.01%
ANIP	F	0.01%
WTFC	B	0.01%
LAMR	C	0.01%
TTMI	D	0.01%
SITE	D	0.01%
SXT	C	0.01%
INVA	B	0.01%
CC	D	0.01%
RCKT	F	0.01%
IAC	C	0.01%
RXRX	F	0.01%
AXTA	C	0.01%
CPRX	C	0.01%
BGC	B	0.01%
CRSR	D	0.01%
TGNA	B	0.01%
NTLA	F	0.01%
FND	C	0.01%
AIV	D	0.01%
LMAT	A	0.01%
RNA	B	0.01%
HRB	C	0.01%
ADUS	D	0.01%
TEX	F	0.01%
TNC	F	0.01%
JBSS	F	0.01%
FL	F	0.01%
BOKF	B	0.01%
CSTL	B	0.01%
EXPI	C	0.01%
KFY	C	0.01%
LGND	C	0.01%
GERN	D	0.01%
KEX	C	0.01%
IRWD	F	0.01%
DVAX	F	0.01%
ICFI	C	0.01%
NMRK	C	0.01%
COLL	A	0.01%
WAL	C	0.01%
GNRC	B	0.01%
BCC	C	0.01%
ASTH	B	0.01%
PBH	D	0.01%
ARVN	F	0.01%
NHC	D	0.01%
EWBC	B	0.01%
DFH	C	0.01%
CGON	C	0.01%
ARDX	D	0.01%
TNL	B	0.01%
SNV	D	0.01%
VNO	B	0.01%
XNCR	D	0.01%
NARI	F	0.01%
UFPI	C	0.01%
EVH	D	0.01%
STGW	B	0.01%
UWMC	D	0.01%
VCEL	F	0.01%
IDYA	F	0.01%
RYTM	C	0.01%
PRVA	F	0.01%
CNO	B	0.01%
HHH	C	0.01%
ESI	C	0.01%
LGF.A	F	0.01%
RRX	B	0.01%
NVST	D	0.01%
CLH	B	0.01%
HRMY	D	0.01%
SPTN	C	0.01%
KROS	C	0.01%
ASH	F	0.01%
ATEC	F	0.01%
CLDX	F	0.01%
VAC	D	0.01%
CIEN	A	0.01%
KYMR	D	0.01%
VERA	C	0.01%
BZH	C	0.01%
GT	F	0.01%
VIR	F	0.01%
AGL	F	0.01%
BHE	C	0.01%
RGEN	F	0.01%
NTRA	A	0.01%
PDCO	F	0.01%
NVAX	C	0.01%
EWTX	B	0.01%
ASGN	D	0.01%
BC	C	0.01%
SUPN	D	0.01%
AMG	B	0.01%
EEFT	F	0.01%
TWST	D	0.01%
COHR	B	0.01%
TGTX	D	0.01%
MYGN	D	0.01%
NXST	D	0.01%
AIT	B	0.01%
SWTX	F	0.01%
BGS	D	0.01%
UFPT	D	0.01%
VSH	F	0.01%
HOV	D	0.01%
CNDT	B	0.01%
THO	C	0.01%
AMN	F	0.01%
INSP	C	0.01%
NSIT	B	0.01%
ARWR	F	0.01%
ACLX	C	0.01%
JANX	C	0.01%
FHN	D	0.01%
CNXC	F	0.01%
PCRX	D	0.01%
LGIH	C	0.01%
SCI	D	0.01%
EDR	A	0.01%
ZION	D	0.01%
MRVI	F	0.01%
EVR	C	0.01%
ESAB	C	0.01%
SIGI	D	0.01%
MSEX	C	0.01%
IOVA	D	0.01%
GH	F	0.01%
SCLX	F	0.0%
VIRT	B	0.0%
OABI	F	0.0%
ABUS	D	0.0%
PRME	F	0.0%
BLFS	D	0.0%
CELC	F	0.0%
QTRX	F	0.0%
STOK	D	0.0%
ALT	F	0.0%
ABSI	F	0.0%
CTKB	F	0.0%
NUVB	F	0.0%
OLMA	F	0.0%
SIGA	F	0.0%
ORIC	F	0.0%
MNMD	F	0.0%
SVRA	F	0.0%
LQDA	F	0.0%
ALEC	F	0.0%
FORM	D	0.0%
EYPT	F	0.0%
ALGM	F	0.0%
YMAB	C	0.0%
PLAB	D	0.0%
MSGS	A	0.0%
ANAB	D	0.0%
WSFS	D	0.0%
WAFD	D	0.0%
APLT	C	0.0%
LYEL	F	0.0%
IRON	C	0.0%
ETNB	F	0.0%
COLB	C	0.0%
PHAT	C	0.0%
CRAI	B	0.0%
LBPH	D	0.0%
UCBI	B	0.0%
PLRX	F	0.0%
MLI	B	0.0%
DFIN	B	0.0%
OSCR	C	0.0%
AEIS	B	0.0%
FHB	D	0.0%
STEP	A	0.0%
CNS	C	0.0%
MMI	D	0.0%
ZEUS	F	0.0%
NVEE	F	0.0%
GOLF	F	0.0%
HSII	D	0.0%
ITRI	C	0.0%
MLYS	C	0.0%
COGT	B	0.0%
SAFT	D	0.0%
CATY	B	0.0%
PGNY	F	0.0%
GBCI	B	0.0%
CBZ	F	0.0%
NRIX	D	0.0%
PCTY	C	0.0%
CNA	D	0.0%
HOMB	D	0.0%
REYN	D	0.0%
ARQT	D	0.0%
SPRY	C	0.0%
CHH	A	0.0%
ARCT	D	0.0%
CBT	B	0.0%
RLAY	F	0.0%
AZZ	B	0.0%
GIC	D	0.0%
SAVA	D	0.0%
IMNM	F	0.0%
SONO	F	0.0%
OCUL	B	0.0%
ANF	D	0.0%
CTS	B	0.0%
FULT	D	0.0%
IBP	C	0.0%
DCI	B	0.0%
MODG	F	0.0%
RCUS	D	0.0%
HZO	C	0.0%
FDMT	F	0.0%
TMCI	F	0.0%
VCYT	C	0.0%
TRIP	D	0.0%
VCTR	A	0.0%
SFNC	B	0.0%
FRT	D	0.0%
BBSI	B	0.0%
TKO	A	0.0%
PLAY	D	0.0%
UFCS	D	0.0%
ITT	C	0.0%
TYRA	C	0.0%
SIBN	F	0.0%
UVE	C	0.0%
ROG	D	0.0%
TKR	B	0.0%

HKND Underweight 228 Positions Relative to QWLD

Symbol	Grade	Weight
META	A	-2.1%
NVS	D	-0.87%
GOOG	B	-0.87%
BRK.A	B	-0.7%
ACN	B	-0.63%
SO	A	-0.46%
LMT	A	-0.45%
XOM	A	-0.45%
MCD	A	-0.42%
CB	A	-0.39%
COR	F	-0.38%
ED	C	-0.37%
DUK	C	-0.36%
CAT	A	-0.36%
NOC	B	-0.33%
GE	B	-0.32%
UL	D	-0.3%
CVX	B	-0.29%
ACGL	A	-0.28%
WCN	D	-0.26%
CBOE	B	-0.24%
HON	C	-0.23%
KHC	F	-0.22%
CHKP	A	-0.19%
WEC	B	-0.19%
MFG	B	-0.19%
NKE	D	-0.19%
MPC	D	-0.18%
GD	C	-0.18%
BAH	C	-0.16%
ZTS	C	-0.16%
GM	D	-0.15%
YUM	C	-0.15%
WMB	A	-0.15%
AON	A	-0.15%
TM	D	-0.15%
TD	B	-0.14%
TT	A	-0.14%
CMG	C	-0.13%
TSN	D	-0.13%
DEO	C	-0.13%
PSX	D	-0.13%
MUFG	D	-0.12%
E	C	-0.12%
GEN	A	-0.11%
HRL	F	-0.1%
LYG	C	-0.1%
PCAR	D	-0.1%
STLA	F	-0.1%
BCS	B	-0.1%
CNI	D	-0.1%
TEL	D	-0.09%
RTX	A	-0.09%
SMFG	D	-0.09%
F	D	-0.09%
COP	D	-0.09%
XEL	C	-0.08%
ROL	C	-0.08%
AMCR	C	-0.08%
FANG	D	-0.08%
AEE	A	-0.08%
HMC	D	-0.08%
SONY	C	-0.08%
LOGI	D	-0.07%
WTW	C	-0.07%
ODFL	F	-0.07%
CPRT	B	-0.07%
FI	A	-0.07%
AEP	C	-0.07%
VLO	F	-0.07%
DPZ	D	-0.06%
D	A	-0.06%
MDT	C	-0.06%
NEE	C	-0.06%
EG	A	-0.06%
LIN	C	-0.06%
LULU	D	-0.06%
PM	D	-0.06%
MNST	D	-0.06%
NEM	C	-0.05%
BTI	D	-0.05%
LNG	A	-0.05%
DINO	F	-0.05%
CMS	A	-0.05%
MT	B	-0.05%
EOG	B	-0.05%
TDY	A	-0.05%
SBUX	B	-0.04%
TPL	A	-0.04%
MO	D	-0.04%
MANH	A	-0.04%
EXPD	D	-0.04%
WSM	C	-0.04%
NUE	D	-0.04%
GRMN	D	-0.04%
DECK	B	-0.04%
DVN	F	-0.03%
JBHT	D	-0.03%
EIX	C	-0.03%
PNR	C	-0.03%
JCI	C	-0.03%
ETN	B	-0.03%
SW	C	-0.03%
APA	F	-0.03%
LNT	B	-0.03%
OC	C	-0.03%
AVY	D	-0.03%
FCX	B	-0.03%
SLB	D	-0.03%
KMI	A	-0.03%
LYB	B	-0.03%
PCG	C	-0.03%
TRGP	A	-0.03%
PKG	B	-0.03%
SRE	C	-0.03%
EXC	C	-0.03%
DRI	C	-0.03%
OXY	D	-0.03%
NRG	A	-0.02%
OVV	D	-0.02%
CNH	C	-0.02%
ES	D	-0.02%
NMR	F	-0.02%
APTV	D	-0.02%
WY	C	-0.02%
NXPI	F	-0.02%
CHK	C	-0.02%
GEV	A	-0.02%
AER	C	-0.02%
CTRA	D	-0.02%
DTE	B	-0.02%
IP	C	-0.02%
MRO	B	-0.02%
CEG	A	-0.02%
BKR	B	-0.02%
KKR	A	-0.02%
VICI	C	-0.02%
STLD	C	-0.02%
PEG	A	-0.02%
BX	C	-0.02%
LHX	A	-0.02%
ETR	A	-0.02%
ALLE	A	-0.02%
OKE	A	-0.02%
CCL	C	-0.01%
OTEX	D	-0.01%
RPM	A	-0.01%
MGM	D	-0.01%
FBIN	C	-0.01%
NWSA	D	-0.01%
GLPI	C	-0.01%
DAL	C	-0.01%
STE	D	-0.01%
HWM	A	-0.01%
ZM	B	-0.01%
MBAVU	C	-0.01%
STX	C	-0.01%
CPAY	A	-0.01%
CCEP	C	-0.01%
HII	F	-0.01%
RVTY	C	-0.01%
CHRD	F	-0.01%
CCK	C	-0.01%
SE	B	-0.01%
STZ	D	-0.01%
VMC	D	-0.01%
KNX	D	-0.01%
MLM	F	-0.01%
LDOS	A	-0.01%
NI	A	-0.01%
WFG	C	-0.01%
TDG	A	-0.01%
BALL	C	-0.01%
VST	A	-0.01%
TXT	F	-0.01%
DLTR	F	-0.01%
AES	C	-0.01%
CNP	B	-0.01%
HES	D	-0.01%
FOXA	B	-0.01%
ATO	A	-0.01%
WAB	A	-0.01%
TAP	D	-0.01%
EVRG	C	-0.01%
CHRW	C	-0.01%
UBER	C	-0.01%
EQT	C	-0.01%
PPL	C	-0.01%
FE	C	-0.01%
DG	F	-0.01%
PARA	F	-0.01%
HAL	D	-0.01%
MELI	D	-0.01%
BA	F	-0.01%
MKTX	B	-0.01%
KMX	F	-0.01%
GLBE	C	-0.0%
IOT	C	-0.0%
NET	D	-0.0%
RBLX	D	-0.0%
DDOG	B	-0.0%
DKNG	C	-0.0%
SNAP	D	-0.0%
FUTU	A	-0.0%
MSTR	B	-0.0%
HEI	C	-0.0%
DOCU	A	-0.0%
GRAB	C	-0.0%
DT	B	-0.0%
SNOW	F	-0.0%
PINS	D	-0.0%
CRWD	D	-0.0%
HOOD	B	-0.0%
WYNN	B	-0.0%
OKTA	F	-0.0%
LII	C	-0.0%
PLTR	A	-0.0%
AXON	A	-0.0%
Z	C	-0.0%
HEI	C	-0.0%
LUV	B	-0.0%
LW	D	-0.0%
RIVN	F	-0.0%
DASH	A	-0.0%
RCL	B	-0.0%
QGEN	F	-0.0%
LVS	B	-0.0%
TWLO	B	-0.0%