HKND vs. RWJ ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to RevenueShares Small Cap (RWJ)

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

$33.07

Average Daily Volume

1,881

Number of Holdings ^*

960

* may have additional holdings in another (foreign) market

RWJ

RevenueShares Small Cap

RWJ Description

The investment seeks outperform the total return performance of the S&P SmallCap 600Â® Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Small Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of small capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$47.45

Average Daily Volume

109,509

Number of Holdings ^*

581

* may have additional holdings in another (foreign) market

Performance

Period	HKND	RWJ
30 Days	0.40%	5.12%
60 Days	0.09%	4.45%
90 Days	0.71%	5.85%
12 Months	18.82%	31.21%

194 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in RWJ	Overlap
AAP	D	0.02%	0.78%	0.02%
ABCB	B	0.01%	0.12%	0.01%
ABM	B	0.02%	0.64%	0.02%
ACIW	B	0.01%	0.12%	0.01%
ADMA	B	0.01%	0.03%	0.01%
ADUS	D	0.01%	0.07%	0.01%
AEIS	C	0.0%	0.12%	0.0%
AEO	F	0.01%	0.35%	0.01%
AHCO	F	0.1%	0.22%	0.1%
ALG	B	0.08%	0.13%	0.08%
AMN	F	0.01%	0.12%	0.01%
AMPH	F	0.01%	0.05%	0.01%
ANIP	F	0.01%	0.04%	0.01%
AORT	B	0.02%	0.03%	0.02%
APAM	B	0.01%	0.09%	0.01%
ASIX	B	0.01%	0.11%	0.01%
ASTH	F	0.01%	0.09%	0.01%
AVNS	F	0.04%	0.04%	0.04%
AWR	B	0.04%	0.04%	0.04%
AZZ	A	0.0%	0.12%	0.0%
BCC	B	0.01%	0.51%	0.01%
BGC	C	0.01%	0.16%	0.01%
BGS	F	0.01%	0.1%	0.01%
BHE	C	0.01%	0.22%	0.01%
BKU	A	0.01%	0.16%	0.01%
BLFS	C	0.0%	0.01%	0.0%
BRC	D	0.01%	0.1%	0.01%
CABO	B	0.01%	0.14%	0.01%
CATY	B	0.0%	0.12%	0.0%
CCS	D	0.02%	0.23%	0.02%
CENTA	C	0.02%	0.11%	0.02%
CMA	B	0.02%	0.44%	0.02%
CNMD	C	0.06%	0.09%	0.06%
CNS	B	0.0%	0.04%	0.0%
CNXN	C	0.03%	0.19%	0.03%
COLL	F	0.01%	0.03%	0.01%
COOP	B	0.02%	0.15%	0.02%
CORT	B	0.03%	0.06%	0.03%
CPRX	C	0.01%	0.03%	0.01%
CRSR	C	0.01%	0.11%	0.01%
CRVL	B	0.01%	0.07%	0.01%
CTKB	C	0.0%	0.02%	0.0%
CTS	C	0.01%	0.04%	0.01%
CVCO	A	0.01%	0.14%	0.01%
CWT	C	0.07%	0.06%	0.06%
DFIN	D	0.0%	0.05%	0.0%
DIOD	D	0.01%	0.08%	0.01%
DORM	B	0.01%	0.16%	0.01%
DVAX	C	0.01%	0.02%	0.01%
DXC	B	0.08%	0.99%	0.08%
EMBC	C	0.08%	0.07%	0.07%
ENR	B	0.03%	0.23%	0.03%
EXPI	D	0.01%	0.3%	0.01%
FDP	B	0.57%	0.35%	0.35%
FELE	B	0.27%	0.16%	0.16%
FHB	B	0.0%	0.1%	0.0%
FL	F	0.01%	0.51%	0.01%
FLGT	F	0.02%	0.02%	0.02%
FORM	D	0.0%	0.04%	0.0%
FTRE	D	0.1%	0.2%	0.1%
FULT	A	0.01%	0.13%	0.01%
GKOS	B	0.02%	0.03%	0.02%
GMS	B	0.01%	0.46%	0.01%
GNW	A	0.03%	0.52%	0.03%
GRBK	D	0.01%	0.12%	0.01%
GTES	A	0.01%	0.29%	0.01%
HAIN	D	0.01%	0.1%	0.01%
HMN	B	0.01%	0.13%	0.01%
HRMY	D	0.01%	0.04%	0.01%
HSII	B	0.0%	0.09%	0.0%
HTH	C	0.01%	0.11%	0.01%
HWKN	B	0.03%	0.07%	0.03%
HZO	F	0.0%	0.16%	0.0%
IAC	F	0.01%	0.25%	0.01%
IART	C	0.1%	0.14%	0.1%
IBP	D	0.0%	0.19%	0.0%
ICUI	D	0.1%	0.16%	0.1%
INSP	D	0.01%	0.04%	0.01%
INVA	D	0.01%	0.02%	0.01%
IOSP	C	0.01%	0.15%	0.01%
IRWD	F	0.01%	0.03%	0.01%
ITGR	B	0.08%	0.13%	0.08%
ITRI	C	0.0%	0.19%	0.0%
JBSS	F	0.01%	0.07%	0.01%
JJSF	C	0.02%	0.11%	0.02%
JXN	C	0.03%	0.4%	0.03%
KELYA	F	0.02%	0.23%	0.02%
KFY	B	0.01%	0.22%	0.01%
KLG	B	0.04%	0.18%	0.04%
KRYS	C	0.02%	0.01%	0.01%
KWR	C	0.01%	0.14%	0.01%
LCII	C	0.01%	0.26%	0.01%
LGIH	F	0.01%	0.14%	0.01%
LGND	C	0.01%	0.01%	0.01%
LMAT	A	0.01%	0.02%	0.01%
LNC	C	0.05%	1.38%	0.05%
LNN	B	0.04%	0.04%	0.04%
LUMN	C	0.15%	1.4%	0.15%
MC	C	0.01%	0.08%	0.01%
MCY	A	0.02%	0.45%	0.02%
MD	C	0.04%	0.2%	0.04%
MHO	D	0.02%	0.27%	0.02%
MLI	B	0.0%	0.31%	0.0%
MMI	C	0.0%	0.04%	0.0%
MMSI	A	0.07%	0.09%	0.07%
MODG	F	0.0%	0.25%	0.0%
MSEX	C	0.02%	0.01%	0.01%
MSGS	A	0.0%	0.08%	0.0%
MTH	D	0.02%	0.39%	0.02%
MYGN	F	0.01%	0.03%	0.01%
NARI	C	0.01%	0.04%	0.01%
NATL	B	0.02%	0.33%	0.02%
NEO	C	0.03%	0.04%	0.03%
NGVT	B	0.01%	0.13%	0.01%
NHC	C	0.01%	0.08%	0.01%
NSIT	F	0.01%	0.48%	0.01%
NVEE	F	0.0%	0.06%	0.0%
NWL	C	0.02%	0.63%	0.02%
NX	C	0.01%	0.08%	0.01%
OGN	F	0.08%	0.34%	0.08%
OMI	F	0.04%	0.59%	0.04%
PBH	A	0.01%	0.09%	0.01%
PCRX	C	0.02%	0.06%	0.02%
PDCO	F	0.01%	0.42%	0.01%
PGNY	F	0.0%	0.05%	0.0%
PINC	B	0.01%	0.11%	0.01%
PIPR	A	0.01%	0.13%	0.01%
PJT	A	0.01%	0.11%	0.01%
PLAB	C	0.0%	0.06%	0.0%
PLAY	D	0.01%	0.2%	0.01%
PLUS	F	0.01%	0.13%	0.01%
PLXS	B	0.02%	0.34%	0.02%
PRG	C	0.01%	0.18%	0.01%
PRLB	B	0.01%	0.05%	0.01%
PRVA	C	0.01%	0.14%	0.01%
PTGX	D	0.01%	0.03%	0.01%
RCUS	F	0.0%	0.02%	0.0%
RDN	D	0.01%	0.09%	0.01%
RDNT	B	0.1%	0.14%	0.1%
REZI	A	0.03%	0.58%	0.03%
RGNX	D	0.01%	0.01%	0.01%
RHI	C	0.04%	0.51%	0.04%
ROG	D	0.0%	0.06%	0.0%
RUN	F	0.08%	0.08%	0.08%
SAFT	B	0.0%	0.07%	0.0%
SANM	B	0.03%	0.62%	0.03%
SATS	D	0.01%	1.5%	0.01%
SBH	C	0.01%	0.25%	0.01%
SCHL	F	0.0%	0.09%	0.0%
SCSC	C	0.04%	0.24%	0.04%
SEE	C	0.02%	0.41%	0.02%
SEM	B	0.11%	0.52%	0.11%
SFNC	C	0.01%	0.12%	0.01%
SJW	F	0.05%	0.04%	0.04%
SMPL	B	0.02%	0.09%	0.02%
SNEX	B	0.04%	0.15%	0.04%
SONO	C	0.01%	0.13%	0.01%
SPTN	D	0.01%	0.56%	0.01%
STC	B	0.02%	0.16%	0.02%
STEP	C	0.0%	0.06%	0.0%
SUPN	C	0.02%	0.05%	0.02%
SXT	C	0.01%	0.11%	0.01%
TDS	B	0.04%	0.47%	0.04%
TGNA	B	0.01%	0.26%	0.01%
TGTX	B	0.02%	0.04%	0.02%
THS	D	0.02%	0.18%	0.02%
TNC	D	0.01%	0.08%	0.01%
TNDM	D	0.02%	0.04%	0.02%
TPH	D	0.02%	0.27%	0.02%
TRIP	F	0.0%	0.13%	0.0%
TRUP	B	0.01%	0.09%	0.01%
TTMI	C	0.01%	0.22%	0.01%
TWI	F	0.03%	0.11%	0.03%
UCB	A	0.0%	0.11%	0.0%
UCTT	D	0.01%	0.13%	0.01%
UFCS	A	0.01%	0.1%	0.01%
UFPT	C	0.01%	0.03%	0.01%
UNF	B	0.01%	0.17%	0.01%
UNFI	A	0.06%	2.85%	0.06%
UPBD	B	0.01%	0.31%	0.01%
URBN	C	0.01%	0.41%	0.01%
USPH	B	0.01%	0.05%	0.01%
VCEL	B	0.01%	0.02%	0.01%
VIR	D	0.01%	0.01%	0.01%
VIRT	A	0.0%	0.18%	0.0%
VSAT	F	0.0%	0.2%	0.0%
VYX	B	0.03%	0.28%	0.03%
WAFD	B	0.0%	0.1%	0.0%
WD	D	0.01%	0.07%	0.01%
WGO	C	0.01%	0.23%	0.01%
WSFS	B	0.0%	0.11%	0.0%
XNCR	B	0.01%	0.01%	0.01%
XRX	F	0.02%	0.36%	0.02%
ZWS	B	0.19%	0.13%	0.13%

HKND Overweight 766 Positions Relative to RWJ

Symbol	Grade	Weight
GOOGL	C	4.19%
PG	C	3.88%
MSFT	D	2.38%
AAPL	C	2.18%
JNJ	C	1.97%
DE	B	1.95%
INTC	C	1.8%
LLY	F	1.74%
ABBV	F	1.67%
MOS	F	1.63%
MRK	D	1.52%
CTVA	C	1.43%
PFE	F	1.42%
ADM	D	1.37%
SYK	B	1.2%
CL	D	1.18%
WMT	A	1.15%
DELL	B	1.11%
BDX	F	1.09%
ABT	B	1.09%
BMY	B	1.05%
CI	D	1.0%
CF	A	0.98%
UNH	B	0.96%
AMGN	F	0.96%
LH	B	0.93%
GEHC	D	0.9%
ECL	D	0.89%
T	A	0.89%
VZ	C	0.86%
HCA	F	0.85%
GILD	C	0.85%
BG	D	0.82%
HPQ	B	0.79%
JPM	A	0.77%
BSX	A	0.76%
TMO	F	0.75%
CMCSA	B	0.71%
BAX	F	0.7%
AMZN	C	0.68%
FMC	D	0.66%
AGCO	D	0.66%
DGX	A	0.62%
VRTX	D	0.61%
BAC	A	0.59%
WFC	A	0.53%
INGR	C	0.53%
MCK	A	0.52%
DHR	F	0.51%
SJM	D	0.46%
MS	A	0.45%
ZBH	C	0.45%
TMUS	B	0.44%
C	A	0.44%
IQV	F	0.43%
KVUE	A	0.43%
CVS	D	0.43%
REGN	F	0.41%
HD	B	0.4%
GS	A	0.39%
PEP	F	0.38%
CHD	A	0.37%
ISRG	A	0.35%
AWK	C	0.34%
COR	B	0.34%
CAH	B	0.33%
THC	D	0.32%
ELV	F	0.32%
VLTO	C	0.32%
CAG	F	0.31%
DD	C	0.31%
MDLZ	F	0.29%
SPB	C	0.29%
J	D	0.28%
EW	C	0.28%
HOLX	D	0.26%
GIS	D	0.26%
K	A	0.26%
CNC	D	0.26%
LOW	C	0.25%
IBM	C	0.25%
VTRS	A	0.25%
BBY	D	0.25%
DIS	B	0.24%
CLX	A	0.24%
BIIB	F	0.24%
AXP	A	0.23%
HUM	C	0.23%
AIG	B	0.23%
KR	B	0.23%
PGR	A	0.22%
ORCL	A	0.22%
ALL	A	0.22%
HPE	B	0.22%
WBA	F	0.21%
MET	A	0.21%
TSLA	B	0.21%
COF	C	0.2%
CHTR	C	0.2%
CSCO	B	0.19%
RMD	C	0.19%
PRU	A	0.18%
TRV	B	0.18%
UHS	D	0.18%
SOLV	D	0.17%
DOW	F	0.17%
V	A	0.17%
MRNA	F	0.15%
ENOV	C	0.15%
A	D	0.14%
LEN	D	0.14%
USB	A	0.14%
TFX	F	0.14%
DXCM	C	0.14%
FSLR	F	0.14%
CTLT	C	0.14%
DHI	F	0.14%
AMAT	F	0.14%
QCOM	F	0.14%
JBL	C	0.14%
DVA	C	0.13%
AIZ	A	0.13%
TGT	F	0.13%
PNC	B	0.12%
AVGO	D	0.12%
BLK	B	0.12%
MU	D	0.12%
BK	A	0.12%
CBRE	B	0.12%
MA	B	0.12%
MMC	B	0.12%
AVTR	F	0.12%
HSIC	C	0.12%
GLW	B	0.11%
NVDA	B	0.11%
TFC	A	0.11%
RVTY	F	0.11%
COST	A	0.11%
TITN	C	0.11%
INCY	C	0.11%
STT	B	0.1%
NFLX	A	0.1%
WDC	D	0.1%
CRM	B	0.1%
RPRX	D	0.1%
PYPL	B	0.1%
TXN	C	0.1%
ILMN	C	0.1%
HIG	B	0.1%
MASI	B	0.1%
AFL	B	0.09%
PODD	C	0.09%
DFS	B	0.09%
MAN	F	0.09%
SCHW	B	0.09%
UTHR	C	0.09%
FLO	D	0.09%
LRCX	F	0.09%
AMP	A	0.09%
KMB	C	0.09%
BIO	C	0.09%
ALNY	D	0.09%
CRL	D	0.09%
SYF	B	0.09%
UAN	B	0.08%
BKNG	A	0.08%
EHC	B	0.08%
KD	B	0.08%
WTRG	B	0.08%
ACM	B	0.08%
WBD	B	0.08%
CTSH	B	0.08%
LXU	B	0.08%
AVB	B	0.07%
GMED	A	0.07%
TJX	A	0.07%
MOH	F	0.07%
NBIX	C	0.07%
ACI	C	0.07%
FOX	A	0.07%
SYY	D	0.07%
FI	A	0.07%
RJF	A	0.07%
SQ	A	0.07%
PHM	D	0.07%
EQR	C	0.07%
BMRN	F	0.07%
WST	C	0.07%
CPB	D	0.07%
WAT	C	0.07%
ENPH	F	0.07%
FNF	B	0.07%
ADP	A	0.07%
MTD	F	0.07%
HAE	C	0.07%
POST	C	0.07%
BERY	C	0.06%
HSY	F	0.06%
GXO	B	0.06%
MKL	A	0.06%
VTR	B	0.06%
EQH	C	0.06%
L	A	0.06%
WM	B	0.06%
CMI	A	0.06%
SNX	D	0.06%
GWW	B	0.06%
EXEL	B	0.06%
MMM	D	0.06%
PFG	D	0.06%
AYI	B	0.06%
AMD	F	0.06%
CRBG	B	0.06%
CDW	F	0.06%
TECH	F	0.06%
MAR	A	0.06%
RGA	A	0.06%
FAF	A	0.05%
SUI	C	0.05%
JLL	D	0.05%
INVH	D	0.05%
MAA	B	0.05%
LBRDA	C	0.05%
SHW	B	0.05%
JEF	A	0.05%
BRKR	D	0.05%
FITB	B	0.05%
NVR	D	0.05%
WHR	B	0.05%
ADBE	C	0.05%
ROKU	D	0.05%
EXPE	B	0.05%
WLK	D	0.05%
TOL	B	0.05%
OPK	C	0.05%
APH	A	0.05%
LPLA	A	0.05%
SRPT	F	0.05%
OMC	C	0.05%
SMG	C	0.05%
PEN	B	0.05%
IFF	D	0.05%
EBAY	D	0.05%
HUN	F	0.04%
ZBRA	B	0.04%
BEN	C	0.04%
AFG	A	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	C	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%
ITCI	C	0.04%
AJG	A	0.04%
NOVT	D	0.04%
CFG	B	0.04%
TTC	C	0.04%
ORLY	B	0.04%
CTAS	B	0.04%
EMR	B	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%
WMG	D	0.04%
KLAC	F	0.04%
WRB	A	0.04%
FYBR	C	0.04%
MKC	C	0.04%
TROW	B	0.04%
UNM	A	0.04%
CINF	A	0.04%
ALLY	C	0.04%
NTRS	A	0.04%
EL	F	0.03%
HLT	A	0.03%
LNTH	D	0.03%
CME	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	A	0.03%
HALO	F	0.03%
KBH	D	0.03%
ON	D	0.03%
MSI	B	0.03%
THG	A	0.03%
SMMT	D	0.03%
WTS	B	0.03%
ENSG	C	0.03%
CSL	C	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	A	0.03%
AMH	C	0.03%
ICE	C	0.03%
OFIX	C	0.03%
AMT	C	0.03%
ELS	C	0.03%
EXAS	D	0.03%
SF	B	0.03%
UPS	C	0.03%
RS	B	0.03%
AMRX	C	0.03%
INTU	B	0.03%
IPG	D	0.03%
KDP	F	0.03%
DAR	C	0.03%
IRDM	D	0.03%
NWS	A	0.03%
IT	C	0.03%
CG	B	0.03%
PPG	F	0.03%
NTAP	C	0.03%
UDR	B	0.03%
LKQ	F	0.03%
BPMC	B	0.03%
SWK	D	0.03%
IVZ	B	0.03%
HBAN	A	0.03%
VKTX	F	0.03%
BKD	F	0.02%
BBWI	C	0.02%
ULTA	F	0.02%
NTRA	A	0.02%
ALGN	D	0.02%
JANX	C	0.02%
DNLI	D	0.02%
SCI	B	0.02%
BXP	C	0.02%
WDAY	B	0.02%
APP	B	0.02%
AIT	B	0.02%
ACLX	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	C	0.02%
PANW	B	0.02%
VRT	B	0.02%
RARE	F	0.02%
GL	C	0.02%
EPAM	B	0.02%
IDXX	F	0.02%
ATR	B	0.02%
FTNT	C	0.02%
SWKS	F	0.02%
ADTN	A	0.02%
EVR	B	0.02%
ESAB	C	0.02%
ANET	C	0.02%
APLS	F	0.02%
DOX	D	0.02%
INSM	C	0.02%
FHN	A	0.02%
AXSM	B	0.02%
SNPS	B	0.02%
MRVL	B	0.02%
CCI	C	0.02%
ADV	D	0.02%
R	B	0.02%
PFSI	C	0.02%
MAS	D	0.02%
WCC	B	0.02%
ZION	B	0.02%
TSCO	D	0.02%
DKS	D	0.02%
ATEC	C	0.02%
OTIS	C	0.02%
ENTG	D	0.02%
BR	A	0.02%
BHF	C	0.02%
WMS	F	0.02%
ALIT	C	0.02%
ACAD	C	0.02%
AZTA	D	0.02%
GH	B	0.02%
AMKR	D	0.02%
CRNX	C	0.02%
GAP	C	0.02%
NDAQ	A	0.02%
PTCT	B	0.02%
BRO	B	0.02%
EA	A	0.02%
APD	A	0.02%
LECO	C	0.02%
MCHP	F	0.02%
DLR	B	0.02%
COMP	B	0.02%
BLDR	D	0.02%
ROK	C	0.02%
IBKR	A	0.02%
MMS	F	0.02%
TNET	F	0.02%
WU	F	0.02%
OPEN	F	0.02%
OMF	A	0.02%
SSNC	B	0.02%
BBIO	F	0.02%
TPG	A	0.02%
AMED	F	0.02%
EME	A	0.02%
GFS	C	0.02%
MDGL	B	0.02%
PWR	A	0.02%
SIRI	C	0.02%
ROST	D	0.02%
RKT	F	0.02%
PAYX	B	0.02%
EQIX	A	0.02%
ATRC	C	0.02%
PLD	F	0.02%
UNP	C	0.02%
NOW	A	0.02%
ARW	D	0.02%
NUVL	C	0.02%
CHE	D	0.02%
NSP	F	0.02%
ITT	A	0.01%
UVE	B	0.01%
CCRN	F	0.01%
VCYT	B	0.01%
OCUL	D	0.01%
NSC	B	0.01%
CGEM	F	0.01%
PCTY	C	0.01%
FIVE	F	0.01%
MAT	D	0.01%
ELVN	D	0.01%
VCTR	B	0.01%
VZIO	A	0.01%
NYT	D	0.01%
BBSI	B	0.01%
DLB	B	0.01%
IEX	C	0.01%
REG	A	0.01%
AGL	F	0.01%
PII	F	0.01%
KE	C	0.01%
BRX	A	0.01%
UBSI	B	0.01%
IRTC	C	0.01%
LFST	B	0.01%
KURA	F	0.01%
BCRX	D	0.01%
FRPT	A	0.01%
HAS	D	0.01%
TYL	B	0.01%
ONB	C	0.01%
VRDN	D	0.01%
DYN	F	0.01%
TMCI	C	0.01%
MIRM	B	0.01%
CMC	B	0.01%
WTM	A	0.01%
FOUR	A	0.01%
QRVO	F	0.01%
WPC	C	0.01%
ANSS	B	0.01%
FLS	B	0.01%
LBPH	A	0.01%
DAWN	D	0.01%
WH	B	0.01%
LFUS	D	0.01%
MTN	C	0.01%
ACT	C	0.01%
KFRC	D	0.01%
DBX	B	0.01%
SSB	B	0.01%
MTCH	D	0.01%
SYNA	C	0.01%
APG	B	0.01%
CNM	D	0.01%
SFM	A	0.01%
PB	B	0.01%
NVAX	F	0.01%
IMVT	F	0.01%
NTLA	F	0.01%
PSTG	D	0.01%
AVO	C	0.01%
XYL	D	0.01%
OZK	B	0.01%
HURN	C	0.01%
BXC	B	0.01%
VNT	C	0.01%
IPGP	D	0.01%
RLI	A	0.01%
CADE	B	0.01%
FIX	A	0.01%
RCKT	F	0.01%
SNDX	F	0.01%
KNF	B	0.01%
HWC	B	0.01%
VEEV	C	0.01%
AKRO	B	0.01%
CE	F	0.01%
SKY	A	0.01%
FICO	B	0.01%
MTG	C	0.01%
TDC	D	0.01%
UWMC	D	0.01%
ARDX	F	0.01%
SNA	A	0.01%
HGV	C	0.01%
FDS	B	0.01%
VRSN	C	0.01%
ASB	B	0.01%
FG	A	0.01%
FNB	A	0.01%
SBAC	D	0.01%
SMCI	F	0.01%
TCBI	C	0.01%
UMBF	B	0.01%
FND	D	0.01%
JKHY	D	0.01%
CXT	C	0.01%
CBSH	B	0.01%
ENS	F	0.01%
SSYS	B	0.01%
CSX	C	0.01%
DAY	B	0.01%
GERN	D	0.01%
LANC	C	0.01%
IRT	A	0.01%
MNKD	C	0.01%
DFH	D	0.01%
AXNX	A	0.01%
RCM	A	0.01%
RYAN	A	0.01%
CC	C	0.01%
TOST	B	0.01%
LAMR	C	0.01%
MSM	C	0.01%
SITE	F	0.01%
AOS	F	0.01%
BEAM	D	0.01%
DOC	C	0.01%
IR	B	0.01%
TDOC	C	0.01%
MORN	B	0.01%
UHAL	D	0.01%
MRVI	F	0.01%
AIV	C	0.01%
MSCI	C	0.01%
HRB	D	0.01%
UI	B	0.01%
ARE	F	0.01%
EXLS	B	0.01%
CFR	B	0.01%
RXRX	F	0.01%
GSAT	C	0.01%
PNFP	B	0.01%
O	C	0.01%
CLDX	F	0.01%
VLY	B	0.01%
FHI	B	0.01%
TVTX	C	0.01%
ICFI	F	0.01%
BECN	B	0.01%
IRM	C	0.01%
TEX	F	0.01%
MDXG	B	0.01%
PAYC	B	0.01%
HLI	A	0.01%
WBS	A	0.01%
ERIE	D	0.01%
CGON	F	0.01%
NMRK	C	0.01%
IDT	B	0.01%
KO	D	0.01%
HUBB	B	0.01%
AXTA	B	0.01%
AGIO	C	0.01%
KIM	A	0.01%
FNA	B	0.01%
KEX	B	0.01%
FTV	C	0.01%
ASH	F	0.01%
ARVN	F	0.01%
TWST	F	0.01%
ALB	B	0.01%
CDNS	B	0.01%
IDYA	F	0.01%
HOV	D	0.01%
CNXC	F	0.01%
WTFC	A	0.01%
KEYS	A	0.01%
BURL	B	0.01%
TTWO	A	0.01%
BOKF	B	0.01%
VSH	F	0.01%
UFPI	C	0.01%
WAL	B	0.01%
CSTL	D	0.01%
EMN	C	0.01%
LGF.A	C	0.01%
RNA	C	0.01%
TER	F	0.01%
KYMR	D	0.01%
STGW	A	0.01%
AMRK	F	0.01%
TXG	F	0.01%
VNO	C	0.01%
XRAY	F	0.01%
TARS	C	0.01%
CSGP	D	0.01%
NVST	B	0.01%
HHH	B	0.01%
BC	C	0.01%
RGEN	D	0.01%
RRX	B	0.01%
ESI	B	0.01%
TRU	D	0.01%
AKAM	D	0.01%
H	B	0.01%
ASGN	F	0.01%
CLH	C	0.01%
TNL	A	0.01%
FCNCA	A	0.01%
GNRC	C	0.01%
BZH	C	0.01%
SEIC	B	0.01%
KROS	D	0.01%
COIN	C	0.01%
FFIV	B	0.01%
NXST	C	0.01%
AME	A	0.01%
TRMB	B	0.01%
EEFT	B	0.01%
ADSK	A	0.01%
CNO	B	0.01%
GT	C	0.01%
BCO	F	0.01%
THO	B	0.01%
RYTM	C	0.01%
IOVA	F	0.01%
GEN	B	0.01%
TTEK	F	0.01%
JNPR	D	0.01%
EWBC	A	0.01%
AMG	B	0.01%
FDX	B	0.01%
CIEN	C	0.01%
SNV	C	0.01%
DOV	A	0.01%
LILAK	D	0.01%
VERA	C	0.01%
ABNB	C	0.01%
PSA	C	0.01%
CNDT	C	0.01%
VRSK	A	0.01%
ROP	B	0.01%
COHR	B	0.01%
EDR	A	0.01%
FOLD	F	0.01%
EFX	F	0.01%
VAC	C	0.01%
FCN	F	0.01%
SWTX	C	0.01%
GDDY	A	0.01%
URI	C	0.01%
ARWR	D	0.01%
SCLX	F	0.0%
OABI	F	0.0%
PHAT	F	0.0%
ABUS	D	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	F	0.0%
ORIC	F	0.0%
LYEL	F	0.0%
SIGA	F	0.0%
ALGM	D	0.0%
STOK	F	0.0%
OSCR	D	0.0%
YMAB	F	0.0%
LQDA	F	0.0%
ALEC	F	0.0%
ALT	C	0.0%
NUVB	C	0.0%
RLAY	F	0.0%
MPWR	F	0.0%
TYRA	F	0.0%
FDMT	F	0.0%
IMNM	F	0.0%
NDSN	B	0.0%
TW	A	0.0%
COGT	D	0.0%
BSY	F	0.0%
ARCT	F	0.0%
GIC	D	0.0%
APLT	C	0.0%
EOLS	D	0.0%
ZEUS	C	0.0%
REYN	D	0.0%
CRAI	C	0.0%
ONTO	F	0.0%
SAGE	F	0.0%
PLRX	D	0.0%
MNMD	C	0.0%
MLYS	F	0.0%
EYPT	D	0.0%
SAVA	C	0.0%
COLB	B	0.0%
ETNB	C	0.0%
IRON	B	0.0%
GGG	B	0.0%
CNA	C	0.0%
GOLF	B	0.0%
COTY	F	0.0%
SPRY	C	0.0%
CBT	D	0.0%
TKR	D	0.0%
ARQT	B	0.0%
TKO	A	0.0%
CRUS	D	0.0%
KIDS	D	0.0%
ANF	F	0.0%
SIBN	F	0.0%
TTD	B	0.0%
CHH	A	0.0%
FRT	B	0.0%
CBZ	B	0.0%
SANA	F	0.0%
EXR	C	0.0%
PNTG	D	0.0%
DCI	B	0.0%
NRIX	C	0.0%
EVH	F	0.0%
HOMB	A	0.0%
ACHC	F	0.0%
PTC	B	0.0%
YORW	F	0.0%
POOL	C	0.0%
SLAB	F	0.0%
CARR	C	0.0%
GBCI	B	0.0%

HKND Underweight 387 Positions Relative to RWJ

Symbol	Grade	Weight
WKC	C	-3.1%
GPI	B	-1.47%
ABG	C	-1.33%
SAH	C	-1.15%
KSS	F	-1.1%
ADNT	F	-1.07%
ALK	B	-0.92%
ANDE	D	-0.85%
HTZ	C	-0.83%
VFC	C	-0.77%
JBLU	F	-0.76%
CWK	C	-0.7%
RUSHA	C	-0.68%
DAN	D	-0.65%
VSCO	C	-0.65%
PARR	F	-0.57%
SIG	B	-0.52%
EAT	A	-0.52%
CVI	F	-0.51%
AXL	C	-0.49%
PENN	C	-0.47%
OI	C	-0.47%
ODP	F	-0.44%
SNDR	B	-0.42%
HBI	B	-0.41%
BFH	C	-0.4%
PTEN	C	-0.4%
BTU	B	-0.38%
MYRG	B	-0.38%
ASO	F	-0.36%
GBX	A	-0.34%
PSMT	D	-0.34%
GO	C	-0.34%
GEO	B	-0.34%
GVA	A	-0.34%
ARCB	C	-0.33%
NAVI	F	-0.33%
CAKE	C	-0.32%
ALGT	B	-0.32%
WS	C	-0.32%
SKYW	C	-0.32%
DY	D	-0.31%
HUBG	A	-0.31%
LEG	F	-0.3%
MATX	C	-0.29%
LBRT	D	-0.29%
RXO	D	-0.29%
PHIN	A	-0.28%
MOG.A	B	-0.28%
ATI	C	-0.28%
AMR	C	-0.27%
TRN	B	-0.27%
SLVM	B	-0.27%
CBRL	C	-0.27%
PBI	B	-0.26%
ARCH	B	-0.26%
BLMN	F	-0.26%
CHEF	A	-0.26%
PATK	C	-0.25%
KALU	C	-0.25%
NBR	C	-0.25%
CRS	B	-0.24%
SABR	C	-0.24%
HI	C	-0.24%
WERN	C	-0.24%
SXC	A	-0.23%
MLKN	F	-0.23%
CENX	B	-0.23%
FUL	F	-0.23%
HP	C	-0.23%
GIII	D	-0.22%
OII	B	-0.22%
KTB	B	-0.22%
CXW	C	-0.22%
CNK	C	-0.22%
GFF	A	-0.22%
SPNT	B	-0.21%
CEIX	A	-0.21%
VSTO	A	-0.21%
CALM	A	-0.21%
ENVA	B	-0.21%
SM	B	-0.2%
DNOW	B	-0.2%
ACA	A	-0.2%
HNI	B	-0.2%
CAL	F	-0.2%
AL	B	-0.2%
UVV	B	-0.2%
CRC	A	-0.19%
ETSY	D	-0.19%
WWW	A	-0.19%
VSTS	C	-0.19%
DLX	B	-0.18%
GES	F	-0.18%
KMT	B	-0.17%
MTX	B	-0.17%
LRN	A	-0.17%
GPRE	F	-0.17%
NOG	B	-0.16%
SCL	C	-0.16%
WNC	C	-0.16%
AX	B	-0.16%
AIR	B	-0.16%
DXPE	C	-0.16%
LZB	B	-0.15%
EPC	F	-0.15%
VTLE	C	-0.15%
FTDR	B	-0.15%
HELE	C	-0.15%
PZZA	F	-0.15%
KOP	C	-0.15%
JBT	B	-0.15%
FWRD	D	-0.14%
ATGE	B	-0.14%
KAR	B	-0.14%
HCC	B	-0.14%
OUT	A	-0.14%
AMWD	C	-0.14%
EYE	C	-0.14%
SHOO	F	-0.14%
WOR	F	-0.13%
MATW	C	-0.13%
HCSG	C	-0.13%
BXMT	C	-0.13%
AVA	A	-0.13%
MTRN	C	-0.13%
TALO	C	-0.13%
CRK	B	-0.13%
FSS	B	-0.13%
B	A	-0.13%
VVI	C	-0.12%
CUBI	B	-0.12%
TILE	B	-0.12%
TGI	B	-0.12%
POWL	C	-0.12%
APOG	C	-0.12%
HLX	B	-0.11%
APLE	B	-0.11%
ASTE	C	-0.11%
GDOT	D	-0.11%
NVRI	D	-0.11%
CENT	C	-0.11%
BJRI	C	-0.11%
ALKS	C	-0.11%
ZD	B	-0.11%
OSIS	A	-0.11%
JACK	C	-0.11%
AWI	A	-0.11%
PUMP	C	-0.11%
ABR	C	-0.11%
CSGS	B	-0.1%
OTTR	C	-0.1%
PMT	C	-0.1%
PEB	D	-0.1%
SMP	C	-0.1%
OXM	F	-0.1%
MNRO	D	-0.1%
ROCK	C	-0.1%
SHAK	C	-0.1%
MGY	A	-0.1%
BOOT	C	-0.1%
YELP	C	-0.1%
SNCY	C	-0.1%
VTOL	B	-0.1%
IPAR	B	-0.1%
RES	D	-0.1%
PRA	C	-0.1%
BOH	B	-0.09%
STRA	C	-0.09%
EXTR	C	-0.09%
PAYO	A	-0.09%
FBP	C	-0.09%
ECPG	C	-0.09%
AROC	A	-0.09%
LESL	D	-0.09%
MATV	D	-0.09%
ENV	B	-0.09%
MTUS	C	-0.09%
WHD	B	-0.09%
FIZZ	C	-0.09%
THRM	F	-0.09%
AUB	B	-0.09%
FFBC	B	-0.09%
BKE	B	-0.09%
BANC	B	-0.09%
DEI	B	-0.08%
NPO	A	-0.08%
CARG	B	-0.08%
CNSL	C	-0.08%
BOX	B	-0.08%
IBTX	B	-0.08%
XHR	B	-0.08%
SCVL	F	-0.08%
RNST	B	-0.08%
SFBS	C	-0.08%
INDB	B	-0.08%
TRMK	C	-0.08%
FOXF	F	-0.08%
HAYW	B	-0.08%
CCOI	B	-0.08%
HTLD	C	-0.08%
MCW	C	-0.08%
NWN	A	-0.08%
PAHC	C	-0.08%
UNIT	B	-0.08%
SVC	F	-0.08%
HOPE	C	-0.08%
OMCL	C	-0.08%
ESE	B	-0.08%
DRH	B	-0.08%
AIN	C	-0.08%
VIAV	C	-0.08%
EZPW	B	-0.08%
AGO	B	-0.07%
CASH	B	-0.07%
PFS	B	-0.07%
VBTX	B	-0.07%
MRCY	C	-0.07%
SHO	D	-0.07%
SMTC	B	-0.07%
BCPC	B	-0.07%
EIG	B	-0.07%
BANF	B	-0.07%
IDCC	B	-0.07%
ALRM	C	-0.07%
CSWI	B	-0.07%
VRTS	B	-0.07%
BANR	B	-0.07%
MAC	B	-0.07%
CBU	B	-0.07%
RC	D	-0.07%
MRTN	D	-0.07%
PRAA	D	-0.07%
PPBI	C	-0.06%
BRKL	B	-0.06%
HIW	C	-0.06%
CALX	D	-0.06%
ARI	C	-0.06%
SSTK	F	-0.06%
EVTC	B	-0.06%
BMI	B	-0.06%
PRGS	A	-0.06%
PRDO	B	-0.06%
KN	B	-0.06%
SWI	C	-0.06%
NBTB	B	-0.06%
KLIC	B	-0.06%
AVAV	C	-0.06%
SXI	B	-0.06%
GDEN	B	-0.06%
OFG	B	-0.06%
ACLS	F	-0.06%
SBCF	B	-0.06%
ICHR	C	-0.06%
CVBF	A	-0.06%
DCOM	B	-0.06%
NTCT	C	-0.06%
FBK	C	-0.06%
SEDG	F	-0.06%
USNA	C	-0.06%
EGBN	B	-0.06%
SLG	B	-0.06%
TDW	F	-0.06%
THRY	D	-0.05%
AHH	D	-0.05%
PRK	B	-0.05%
CWEN	C	-0.05%
QNST	B	-0.05%
CWEN	C	-0.05%
DOCN	C	-0.05%
NBHC	C	-0.05%
EPAC	C	-0.05%
BHLB	B	-0.05%
MYE	F	-0.05%
DV	C	-0.05%
TR	B	-0.05%
VRRM	F	-0.05%
RWT	D	-0.05%
TBBK	B	-0.05%
INN	D	-0.05%
WOLF	F	-0.05%
RAMP	B	-0.05%
HPP	F	-0.05%
CPK	A	-0.05%
MARA	B	-0.05%
CARS	C	-0.05%
FCF	B	-0.05%
REX	D	-0.05%
BL	B	-0.05%
CXM	C	-0.05%
MGEE	B	-0.05%
HCI	C	-0.05%
NWBI	B	-0.05%
HLIT	D	-0.04%
COHU	C	-0.04%
DGII	C	-0.04%
KW	C	-0.04%
FBRT	D	-0.04%
IIIN	C	-0.04%
SKT	A	-0.04%
HAFC	B	-0.04%
BSIG	A	-0.04%
MCRI	A	-0.04%
SPSC	D	-0.04%
STBA	B	-0.04%
VICR	C	-0.04%
NMIH	C	-0.04%
WRLD	C	-0.04%
CLB	B	-0.04%
PFBC	B	-0.04%
YOU	D	-0.04%
KREF	C	-0.04%
VECO	F	-0.04%
TFIN	B	-0.04%
GNL	F	-0.04%
ETD	C	-0.04%
FBNC	B	-0.04%
HAYN	A	-0.04%
PECO	A	-0.04%
WDFC	B	-0.04%
ROIC	A	-0.03%
AMBC	C	-0.03%
HFWA	C	-0.03%
EFC	C	-0.03%
WABC	B	-0.03%
AMSF	B	-0.03%
GSHD	A	-0.03%
LQDT	B	-0.03%
AKR	B	-0.03%
CPF	B	-0.03%
NABL	F	-0.03%
CHCO	B	-0.03%
EPRT	B	-0.03%
XPEL	B	-0.03%
GOGO	C	-0.03%
TMP	B	-0.03%
LPG	F	-0.03%
AAT	B	-0.03%
WT	A	-0.03%
CFFN	C	-0.03%
SBSI	C	-0.03%
MXL	C	-0.03%
UE	B	-0.03%
MGPI	F	-0.03%
PLMR	A	-0.03%
LKFN	C	-0.03%
AOSL	C	-0.03%
UTL	B	-0.03%
ARLO	C	-0.03%
RGR	F	-0.03%
JBGS	F	-0.03%
BDN	C	-0.03%
MPW	F	-0.03%
ELME	D	-0.02%
MP	C	-0.02%
SHEN	F	-0.02%
FCPT	C	-0.02%
CTRE	C	-0.02%
IIPR	D	-0.02%
BFS	C	-0.02%
CSR	B	-0.02%
NXRT	B	-0.02%
DEA	D	-0.02%
TRST	B	-0.02%
VRE	B	-0.02%
STAA	F	-0.02%
TTGT	B	-0.02%
HASI	D	-0.02%
AGYS	A	-0.02%
ATEN	A	-0.02%
LXP	D	-0.02%
PI	D	-0.02%
HSTM	B	-0.02%
JOE	F	-0.02%
NPK	B	-0.02%
CERT	F	-0.02%
UHT	D	-0.01%
CEVA	B	-0.01%
WSR	A	-0.01%
PDFS	C	-0.01%
GTY	A	-0.01%
MLAB	F	-0.01%
LTC	B	-0.01%
SITM	B	-0.01%
ALEX	B	-0.01%
SDGR	C	-0.01%
SLP	D	-0.0%