HKND vs. SAA ETF Comparison

Comparison of Humankind US Stock ETF (HKND) to ProShares Ultra SmallCap600 (SAA)

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

$33.03

Average Daily Volume

3,683

Number of Holdings ^*

954

* may have additional holdings in another (foreign) market

SAA

ProShares Ultra SmallCap600

SAA Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the S&P SmallCap 600®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.47

Average Daily Volume

19,560

Number of Holdings ^*

576

* may have additional holdings in another (foreign) market

Performance

Period	HKND	SAA
30 Days	1.72%	2.17%
60 Days	3.15%	1.44%
90 Days	5.83%	17.13%
12 Months	19.06%	31.40%

188 Overlapping Holdings

Symbol	Grade	Weight in HKND	Weight in SAA	Overlap
AAP	F	0.02%	0.14%	0.02%
ABCB	B	0.01%	0.22%	0.01%
ABM	D	0.02%	0.18%	0.02%
ACIW	B	0.01%	0.29%	0.01%
ADUS	B	0.01%	0.13%	0.01%
AEIS	D	0.0%	0.21%	0.0%
AEO	D	0.01%	0.21%	0.01%
AHCO	B	0.11%	0.05%	0.05%
ALG	D	0.08%	0.11%	0.08%
AMN	F	0.01%	0.1%	0.01%
AMPH	C	0.01%	0.1%	0.01%
ANIP	D	0.01%	0.05%	0.01%
APAM	C	0.01%	0.17%	0.01%
ASIX	C	0.01%	0.04%	0.01%
ASTH	B	0.01%	0.13%	0.01%
AVNS	B	0.05%	0.06%	0.05%
AWR	B	0.04%	0.18%	0.04%
AZZ	C	0.0%	0.13%	0.0%
BCC	C	0.01%	0.29%	0.01%
BGC	B	0.01%	0.21%	0.01%
BGS	D	0.01%	0.04%	0.01%
BHE	C	0.01%	0.09%	0.01%
BKU	C	0.01%	0.15%	0.01%
BLFS	D	0.0%	0.05%	0.0%
BRC	B	0.01%	0.19%	0.01%
CABO	F	0.01%	0.09%	0.01%
CATY	B	0.0%	0.18%	0.0%
CCRN	F	0.01%	0.03%	0.01%
CCS	B	0.02%	0.16%	0.02%
CENTA	D	0.02%	0.1%	0.02%
CMA	B	0.02%	0.44%	0.02%
CNMD	D	0.06%	0.14%	0.06%
CNS	B	0.0%	0.14%	0.0%
CNXN	B	0.03%	0.05%	0.03%
COLL	B	0.01%	0.07%	0.01%
COOP	B	0.02%	0.34%	0.02%
CORT	B	0.02%	0.19%	0.02%
CPRX	B	0.01%	0.13%	0.01%
CRSR	F	0.01%	0.01%	0.01%
CRVL	B	0.01%	0.16%	0.01%
CTKB	F	0.0%	0.03%	0.0%
CTS	D	0.0%	0.08%	0.0%
CVCO	B	0.01%	0.19%	0.01%
CWT	C	0.08%	0.18%	0.08%
DFIN	B	0.0%	0.1%	0.0%
DIOD	F	0.01%	0.16%	0.01%
DORM	B	0.0%	0.18%	0.0%
DVAX	D	0.01%	0.08%	0.01%
DXC	C	0.07%	0.22%	0.07%
EMBC	C	0.08%	0.05%	0.05%
ENR	F	0.03%	0.11%	0.03%
ENSG	C	0.03%	0.5%	0.03%
EXPI	C	0.01%	0.06%	0.01%
FDP	B	0.49%	0.06%	0.06%
FELE	C	0.25%	0.22%	0.22%
FHB	C	0.0%	0.17%	0.0%
FL	D	0.01%	0.12%	0.01%
FLGT	D	0.03%	0.03%	0.03%
FORM	F	0.0%	0.19%	0.0%
FTRE	F	0.1%	0.11%	0.1%
FULT	C	0.0%	0.18%	0.0%
GKOS	D	0.02%	0.37%	0.02%
GMS	C	0.01%	0.2%	0.01%
GNW	B	0.03%	0.17%	0.03%
GRBK	B	0.01%	0.11%	0.01%
GTES	C	0.0%	0.2%	0.0%
HAIN	D	0.02%	0.04%	0.02%
HMN	C	0.01%	0.08%	0.01%
HRMY	B	0.01%	0.07%	0.01%
HSII	C	0.0%	0.04%	0.0%
HTH	C	0.01%	0.09%	0.01%
HWKN	B	0.03%	0.13%	0.03%
HZO	C	0.0%	0.04%	0.0%
IAC	C	0.01%	0.21%	0.01%
IART	F	0.08%	0.07%	0.07%
IBP	C	0.0%	0.29%	0.0%
ICUI	B	0.1%	0.21%	0.1%
INVA	B	0.01%	0.06%	0.01%
IOSP	D	0.01%	0.16%	0.01%
IRWD	F	0.01%	0.04%	0.01%
ITGR	B	0.08%	0.25%	0.08%
ITRI	C	0.0%	0.27%	0.0%
JBSS	D	0.01%	0.05%	0.01%
JJSF	C	0.02%	0.15%	0.02%
JXN	B	0.02%	0.33%	0.02%
KELYA	D	0.02%	0.04%	0.02%
KFY	B	0.01%	0.21%	0.01%
KLG	C	0.05%	0.07%	0.05%
KRYS	D	0.02%	0.28%	0.02%
KWR	D	0.01%	0.13%	0.01%
LCII	C	0.01%	0.17%	0.01%
LGIH	C	0.01%	0.13%	0.01%
LGND	C	0.01%	0.1%	0.01%
LMAT	B	0.01%	0.1%	0.01%
LNC	D	0.04%	0.29%	0.04%
LNN	C	0.03%	0.08%	0.03%
LUMN	C	0.1%	0.36%	0.1%
MC	B	0.01%	0.26%	0.01%
MCY	C	0.02%	0.09%	0.02%
MD	C	0.03%	0.05%	0.03%
MHO	B	0.02%	0.26%	0.02%
MLI	B	0.0%	0.45%	0.0%
MMI	C	0.0%	0.05%	0.0%
MMSI	B	0.07%	0.33%	0.07%
MODG	F	0.0%	0.08%	0.0%
MSEX	C	0.01%	0.07%	0.01%
MSGS	B	0.0%	0.2%	0.0%
MTH	B	0.03%	0.42%	0.03%
MYGN	B	0.01%	0.14%	0.01%
NARI	F	0.01%	0.14%	0.01%
NATL	D	0.02%	0.11%	0.02%
NEO	C	0.03%	0.12%	0.03%
NGVT	F	0.01%	0.07%	0.01%
NHC	D	0.01%	0.1%	0.01%
NSIT	C	0.01%	0.33%	0.01%
NVEE	F	0.0%	0.07%	0.0%
NWL	D	0.02%	0.17%	0.02%
NX	D	0.01%	0.07%	0.01%
OGN	D	0.11%	0.3%	0.11%
OMI	D	0.05%	0.06%	0.05%
PBH	B	0.01%	0.21%	0.01%
PCRX	F	0.01%	0.04%	0.01%
PDCO	F	0.01%	0.1%	0.01%
PINC	C	0.01%	0.12%	0.01%
PIPR	B	0.01%	0.24%	0.01%
PJT	B	0.0%	0.16%	0.0%
PLAB	F	0.0%	0.08%	0.0%
PLAY	F	0.0%	0.06%	0.0%
PLUS	B	0.01%	0.14%	0.01%
PLXS	B	0.01%	0.2%	0.01%
PRG	B	0.01%	0.11%	0.01%
PRLB	D	0.01%	0.04%	0.01%
PRVA	D	0.01%	0.11%	0.01%
PTGX	C	0.01%	0.16%	0.01%
RCUS	D	0.0%	0.06%	0.0%
RDN	B	0.01%	0.3%	0.01%
RDNT	B	0.07%	0.26%	0.07%
REZI	D	0.02%	0.16%	0.02%
RGNX	D	0.01%	0.03%	0.01%
RHI	D	0.03%	0.37%	0.03%
ROG	D	0.0%	0.1%	0.0%
RUN	C	0.12%	0.24%	0.12%
SAFT	C	0.0%	0.07%	0.0%
SANM	D	0.03%	0.21%	0.03%
SATS	B	0.01%	0.16%	0.01%
SBH	B	0.01%	0.08%	0.01%
SCHL	D	0.01%	0.05%	0.01%
SCSC	D	0.04%	0.07%	0.04%
SEE	D	0.01%	0.28%	0.01%
SEM	D	0.1%	0.22%	0.1%
SFNC	B	0.0%	0.15%	0.0%
SJW	C	0.05%	0.1%	0.05%
SMPL	D	0.02%	0.18%	0.02%
SNEX	C	0.03%	0.12%	0.03%
SONO	F	0.0%	0.08%	0.0%
SPTN	C	0.01%	0.04%	0.01%
STC	B	0.02%	0.12%	0.02%
STEP	B	0.0%	0.16%	0.0%
SUPN	C	0.01%	0.1%	0.01%
SXT	C	0.01%	0.18%	0.01%
TDS	C	0.03%	0.13%	0.03%
THS	C	0.02%	0.12%	0.02%
TNC	D	0.01%	0.1%	0.01%
TNDM	C	0.04%	0.17%	0.04%
TPH	C	0.02%	0.24%	0.02%
TRIP	F	0.0%	0.08%	0.0%
TRUP	C	0.01%	0.09%	0.01%
TTMI	D	0.01%	0.11%	0.01%
TWI	D	0.03%	0.02%	0.02%
UCBI	B	0.0%	0.2%	0.0%
UCTT	F	0.01%	0.09%	0.01%
UFCS	D	0.0%	0.02%	0.0%
UFPT	C	0.01%	0.13%	0.01%
UNF	B	0.01%	0.16%	0.01%
UNFI	C	0.04%	0.05%	0.04%
URBN	D	0.01%	0.12%	0.01%
USPH	D	0.01%	0.07%	0.01%
VCEL	D	0.01%	0.13%	0.01%
VIR	F	0.01%	0.04%	0.01%
VIRT	B	0.0%	0.16%	0.0%
VSAT	F	0.01%	0.07%	0.01%
WAFD	B	0.0%	0.14%	0.0%
WD	B	0.01%	0.21%	0.01%
WGO	D	0.01%	0.09%	0.01%
WSFS	C	0.0%	0.18%	0.0%
XNCR	C	0.01%	0.08%	0.01%
XRX	F	0.03%	0.07%	0.03%
ZEUS	F	0.0%	0.02%	0.0%

HKND Overweight 766 Positions Relative to SAA

Symbol	Grade	Weight
PG	C	4.15%
GOOGL	D	3.6%
MSFT	C	2.3%
JNJ	B	2.19%
AAPL	D	2.14%
LLY	C	2.04%
ABBV	C	1.96%
DE	B	1.95%
MRK	D	1.81%
PFE	C	1.63%
MOS	F	1.58%
ADM	D	1.58%
CL	C	1.41%
CTVA	B	1.41%
INTC	F	1.39%
BDX	F	1.15%
SYK	C	1.15%
CI	C	1.12%
ABT	C	1.12%
AMGN	B	1.08%
WMT	B	1.07%
UNH	C	0.98%
HCA	B	0.96%
BG	D	0.94%
GEHC	C	0.93%
ECL	B	0.91%
CF	B	0.91%
VZ	B	0.91%
TMO	C	0.89%
DELL	D	0.89%
T	B	0.88%
BAX	C	0.88%
BMY	C	0.88%
HPQ	D	0.75%
FMC	C	0.74%
GILD	B	0.74%
BSX	B	0.73%
JPM	D	0.7%
CMCSA	D	0.66%
AGCO	D	0.65%
DGX	B	0.62%
REGN	C	0.61%
VRTX	D	0.6%
DHR	B	0.59%
AMZN	C	0.58%
IQV	C	0.52%
SJM	C	0.51%
BAC	D	0.51%
INGR	A	0.49%
CVS	D	0.45%
ZBH	F	0.44%
MCK	F	0.44%
ELV	C	0.43%
KVUE	B	0.43%
WFC	D	0.41%
PEP	C	0.41%
C	D	0.39%
AWK	A	0.38%
CHD	C	0.37%
TMUS	C	0.37%
CAG	B	0.37%
HD	B	0.36%
VLTO	C	0.35%
MS	D	0.34%
GS	D	0.33%
MDLZ	B	0.33%
ISRG	C	0.32%
CNC	C	0.32%
GIS	B	0.31%
CAH	C	0.31%
BIIB	F	0.3%
THC	B	0.3%
DD	B	0.3%
J	D	0.29%
MRNA	F	0.29%
BBY	B	0.28%
HOLX	B	0.28%
HUM	F	0.28%
EW	F	0.28%
SPB	B	0.28%
K	A	0.26%
IBM	B	0.25%
CLX	C	0.24%
VTRS	C	0.23%
AIG	D	0.23%
LOW	B	0.23%
ALL	A	0.22%
PGR	A	0.22%
KR	B	0.21%
RMD	C	0.21%
UHS	B	0.21%
WBA	F	0.21%
MET	A	0.2%
DOW	D	0.2%
AXP	B	0.2%
HPE	D	0.19%
DIS	D	0.19%
TFX	C	0.18%
DHI	B	0.17%
PRU	C	0.17%
SOLV	C	0.17%
ORCL	B	0.17%
CHTR	D	0.17%
TRV	B	0.17%
ZWS	B	0.16%
CSCO	B	0.16%
COF	C	0.16%
V	B	0.16%
CTLT	B	0.15%
A	C	0.15%
FSLR	C	0.15%
ENOV	F	0.15%
TSLA	C	0.15%
AVTR	B	0.15%
AMAT	D	0.14%
LEN	B	0.14%
QCOM	D	0.14%
TGT	C	0.13%
MMC	C	0.13%
DXCM	F	0.13%
HSIC	C	0.13%
MA	B	0.12%
AIZ	B	0.12%
JBL	D	0.12%
ENPH	C	0.12%
USB	B	0.12%
DVA	B	0.12%
COST	C	0.11%
BK	A	0.11%
CBRE	A	0.11%
RPRX	C	0.11%
FLO	C	0.1%
WDC	D	0.1%
MAN	C	0.1%
TXN	C	0.1%
TITN	F	0.1%
TFC	D	0.1%
AVGO	C	0.1%
BLK	A	0.1%
PNC	B	0.1%
KMB	D	0.1%
HIG	A	0.1%
MU	F	0.1%
BIO	C	0.09%
AFL	B	0.09%
STT	A	0.09%
LRCX	F	0.09%
CRL	D	0.09%
ILMN	C	0.09%
INCY	C	0.09%
BMRN	F	0.09%
ALNY	B	0.09%
GLW	B	0.09%
ACM	B	0.08%
CDW	D	0.08%
NVDA	D	0.08%
NFLX	B	0.08%
UTHR	C	0.08%
PYPL	B	0.08%
CTSH	C	0.08%
POST	C	0.08%
CPB	B	0.08%
MTD	D	0.08%
WTRG	D	0.08%
AVB	B	0.07%
NBIX	F	0.07%
KD	D	0.07%
DFS	C	0.07%
ADP	B	0.07%
SYF	C	0.07%
SCHW	D	0.07%
MOH	C	0.07%
SYY	D	0.07%
PHM	B	0.07%
UAN	D	0.07%
AMP	B	0.07%
EHC	B	0.07%
EQR	B	0.07%
FNF	A	0.07%
CRM	D	0.07%
PODD	B	0.07%
LXU	D	0.07%
MASI	D	0.07%
PFG	B	0.06%
BRKR	D	0.06%
SNX	D	0.06%
L	B	0.06%
CRBG	D	0.06%
BERY	B	0.06%
FOX	B	0.06%
GMED	D	0.06%
VTR	C	0.06%
MMM	B	0.06%
SRPT	F	0.06%
HAE	D	0.06%
BKNG	B	0.06%
RGA	B	0.06%
AMD	F	0.06%
WST	D	0.06%
ACI	F	0.06%
IFF	B	0.06%
WBD	D	0.06%
WAT	C	0.06%
TECH	C	0.06%
HSY	C	0.06%
TJX	C	0.06%
TOL	B	0.05%
GXO	D	0.05%
GPC	D	0.05%
FAF	B	0.05%
AYI	B	0.05%
CMI	C	0.05%
SMG	C	0.05%
KLAC	D	0.05%
MAA	B	0.05%
GWW	B	0.05%
EQH	C	0.05%
MKC	B	0.05%
NVR	B	0.05%
PCVX	B	0.05%
OMC	A	0.05%
OPK	C	0.05%
ALLY	F	0.05%
INVH	C	0.05%
RJF	C	0.05%
SQ	D	0.05%
MKL	C	0.05%
SUI	B	0.05%
ADBE	D	0.05%
MAR	C	0.05%
EBAY	B	0.05%
WLK	D	0.05%
WM	D	0.05%
PPG	C	0.04%
GPN	D	0.04%
FIS	B	0.04%
AFG	B	0.04%
LKQ	D	0.04%
WMG	D	0.04%
CFG	D	0.04%
VKTX	C	0.04%
EXPE	C	0.04%
RSG	D	0.04%
KDP	A	0.04%
EXAS	C	0.04%
ORI	A	0.04%
JEF	B	0.04%
AZO	D	0.04%
ORLY	B	0.04%
NTRS	B	0.04%
TROW	D	0.04%
CTAS	C	0.04%
ADI	D	0.04%
OPCH	C	0.04%
IONS	F	0.04%
AMT	C	0.04%
MEDP	D	0.04%
SWK	B	0.04%
NOVT	D	0.04%
HUN	D	0.04%
AJG	C	0.04%
ESS	B	0.04%
CINF	B	0.04%
TTC	D	0.04%
WHR	D	0.04%
FITB	B	0.04%
APH	D	0.04%
ROKU	C	0.04%
WRB	C	0.04%
EXEL	B	0.04%
JLL	B	0.04%
SHW	B	0.04%
PEN	D	0.04%
FYBR	C	0.04%
CG	C	0.03%
FAST	C	0.03%
AMED	C	0.03%
OPEN	D	0.03%
CME	C	0.03%
CHE	C	0.03%
ROST	C	0.03%
APLS	F	0.03%
MCO	A	0.03%
WU	D	0.03%
UNP	B	0.03%
VOYA	A	0.03%
ARW	C	0.03%
SMMT	C	0.03%
KBH	B	0.03%
ITW	B	0.03%
MIDD	C	0.03%
PLD	C	0.03%
LYV	B	0.03%
RS	D	0.03%
ON	D	0.03%
SPG	B	0.03%
DAR	F	0.03%
OFIX	D	0.03%
RVMD	C	0.03%
INTU	D	0.03%
NSP	D	0.03%
NWS	D	0.03%
HALO	B	0.03%
BBIO	D	0.03%
HBAN	B	0.03%
IRDM	D	0.03%
ZBRA	B	0.03%
AMRX	B	0.03%
CPT	B	0.03%
LBRDA	D	0.03%
UPS	D	0.03%
IT	B	0.03%
SPGI	B	0.03%
CYTK	F	0.03%
IVZ	C	0.03%
BPMC	D	0.03%
EMR	D	0.03%
LNTH	C	0.03%
ICE	B	0.03%
ELS	C	0.03%
AMH	C	0.03%
MTB	B	0.03%
BEN	F	0.03%
NTAP	D	0.03%
UNM	B	0.03%
ITCI	D	0.03%
RF	B	0.03%
RKT	B	0.03%
GME	F	0.03%
CR	C	0.03%
EL	F	0.03%
LPLA	D	0.03%
UDR	B	0.03%
PH	B	0.03%
IPG	C	0.03%
SGRY	C	0.03%
TMHC	B	0.03%
KEY	B	0.03%
R	B	0.02%
ATR	B	0.02%
ANET	B	0.02%
ULTA	D	0.02%
TTEK	C	0.02%
ARWR	F	0.02%
AVT	D	0.02%
SNPS	D	0.02%
ALGN	D	0.02%
PTCT	C	0.02%
MRVI	C	0.02%
IBKR	B	0.02%
IOVA	D	0.02%
HST	D	0.02%
SRCL	A	0.02%
CLDX	C	0.02%
GH	D	0.02%
GL	C	0.02%
SWTX	F	0.02%
BHF	D	0.02%
ADTN	F	0.02%
FCN	C	0.02%
EFX	C	0.02%
FOLD	D	0.02%
XRAY	D	0.02%
UTZ	C	0.02%
EME	B	0.02%
TPG	B	0.02%
AMRK	C	0.02%
OTIS	D	0.02%
CRNX	C	0.02%
AXSM	C	0.02%
LECO	F	0.02%
ATRC	C	0.02%
BR	D	0.02%
DOX	C	0.02%
DLR	B	0.02%
ALIT	D	0.02%
GAP	F	0.02%
MAS	B	0.02%
SMCI	F	0.02%
OMF	C	0.02%
TXG	D	0.02%
INSM	D	0.02%
PWR	B	0.02%
TSCO	C	0.02%
ACAD	F	0.02%
APD	B	0.02%
EA	D	0.02%
MDGL	F	0.02%
NDAQ	B	0.02%
ZG	B	0.02%
IDXX	C	0.02%
COMP	B	0.02%
ADV	C	0.02%
DKS	D	0.02%
RARE	B	0.02%
CNXC	D	0.02%
PFSI	B	0.02%
BKD	D	0.02%
ENTG	D	0.02%
LILAK	D	0.02%
ROK	D	0.02%
BLDR	C	0.02%
BRO	C	0.02%
NOW	A	0.02%
SWKS	F	0.02%
CCI	B	0.02%
WMS	D	0.02%
TNET	D	0.02%
AZTA	D	0.02%
PAYX	C	0.02%
HLT	B	0.02%
AMKR	F	0.02%
GFS	F	0.02%
WSO	C	0.02%
SSNC	B	0.02%
KMPR	D	0.02%
EQIX	B	0.02%
USM	C	0.02%
SF	A	0.02%
SIRI	C	0.02%
MMS	D	0.02%
MSI	C	0.02%
APO	C	0.02%
CSL	C	0.02%
CHWY	C	0.02%
WELL	B	0.02%
NUVL	C	0.02%
WTS	C	0.02%
MCHP	D	0.02%
THG	A	0.02%
MPWR	C	0.01%
FLS	D	0.01%
COTY	F	0.01%
TOST	B	0.01%
KE	F	0.01%
SRRK	F	0.01%
NSC	C	0.01%
FIVE	D	0.01%
ONB	C	0.01%
UBSI	B	0.01%
CMC	D	0.01%
UI	B	0.01%
EXR	B	0.01%
DLB	D	0.01%
WH	B	0.01%
NYT	C	0.01%
YORW	D	0.01%
FIX	B	0.01%
MAT	C	0.01%
FRPT	B	0.01%
BXC	D	0.01%
VZIO	A	0.01%
SSYS	F	0.01%
SAGE	F	0.01%
MIRM	D	0.01%
DBX	D	0.01%
RLAY	D	0.01%
AVO	A	0.01%
SIBN	D	0.01%
BRX	B	0.01%
PGNY	F	0.01%
LFST	C	0.01%
REG	C	0.01%
SILK	A	0.01%
WTM	F	0.01%
TYL	C	0.01%
FICO	A	0.01%
ANSS	F	0.01%
SSB	B	0.01%
KNF	B	0.01%
CADE	B	0.01%
VNT	D	0.01%
OZK	D	0.01%
IPGP	F	0.01%
SNA	B	0.01%
CRUS	D	0.01%
PB	B	0.01%
TCBI	B	0.01%
BCRX	C	0.01%
APG	D	0.01%
DAY	D	0.01%
HURN	C	0.01%
KIDS	D	0.01%
CNM	F	0.01%
GSAT	F	0.01%
CGEM	F	0.01%
HWC	D	0.01%
ASB	D	0.01%
RLI	B	0.01%
HGV	D	0.01%
SYNA	F	0.01%
HAS	B	0.01%
DAWN	F	0.01%
MTN	D	0.01%
DYN	D	0.01%
LFUS	D	0.01%
FDMT	F	0.01%
PSTG	F	0.01%
UMBF	B	0.01%
AKRO	C	0.01%
MDXG	F	0.01%
TVTX	B	0.01%
PII	D	0.01%
FDS	C	0.01%
SKY	B	0.01%
FNB	D	0.01%
ACT	A	0.01%
FG	C	0.01%
CBSH	C	0.01%
KURA	D	0.01%
KFRC	D	0.01%
PNFP	B	0.01%
TDC	F	0.01%
COIN	F	0.01%
TDOC	D	0.01%
VEEV	C	0.01%
WPC	B	0.01%
CFR	C	0.01%
PAYC	D	0.01%
EXLS	C	0.01%
MNKD	B	0.01%
WBS	C	0.01%
XYL	D	0.01%
IR	C	0.01%
VLY	C	0.01%
CC	F	0.01%
IDT	C	0.01%
VRSN	D	0.01%
MTG	B	0.01%
FHI	A	0.01%
RYAN	C	0.01%
BECN	D	0.01%
BEAM	F	0.01%
IMVT	D	0.01%
MTCH	C	0.01%
CSX	D	0.01%
MSM	D	0.01%
TARS	C	0.01%
LANC	D	0.01%
IRT	B	0.01%
MORN	C	0.01%
JKHY	B	0.01%
ENS	C	0.01%
SITE	D	0.01%
CACC	D	0.01%
FNA	F	0.01%
AXNX	B	0.01%
HLI	B	0.01%
RXRX	F	0.01%
AGIO	D	0.01%
ALB	F	0.01%
LAMR	A	0.01%
RCM	C	0.01%
ADMA	B	0.01%
SNDX	F	0.01%
FND	C	0.01%
MSCI	C	0.01%
TGNA	C	0.01%
EWTX	D	0.01%
SBAC	C	0.01%
UHAL	B	0.01%
AXTA	C	0.01%
WTFC	B	0.01%
HUBB	B	0.01%
CDNS	D	0.01%
DFH	C	0.01%
NTLA	F	0.01%
DOC	C	0.01%
AOS	C	0.01%
SANA	F	0.01%
ARDX	D	0.01%
AIV	B	0.01%
ACHC	C	0.01%
VNO	B	0.01%
RNA	C	0.01%
KEX	C	0.01%
TEX	D	0.01%
NMRK	B	0.01%
TTWO	D	0.01%
UFPI	C	0.01%
IRM	B	0.01%
GNRC	D	0.01%
HRB	C	0.01%
TNL	D	0.01%
RCKT	D	0.01%
WAL	B	0.01%
GERN	D	0.01%
BOKF	B	0.01%
KIM	B	0.01%
ARE	B	0.01%
TRMB	C	0.01%
QRVO	F	0.01%
ICFI	C	0.01%
VRT	C	0.01%
CIEN	C	0.01%
COHR	B	0.01%
NVST	D	0.01%
FTV	C	0.01%
TWST	D	0.01%
SEIC	B	0.01%
STGW	B	0.01%
KEYS	C	0.01%
O	B	0.01%
RRX	C	0.01%
EWBC	C	0.01%
FFIV	A	0.01%
CSTL	C	0.01%
BURL	B	0.01%
ARVN	F	0.01%
CGON	C	0.01%
VERA	C	0.01%
HHH	C	0.01%
SNV	C	0.01%
ESI	D	0.01%
ADSK	B	0.01%
AME	C	0.01%
EMN	B	0.01%
CNO	B	0.01%
GT	F	0.01%
VAC	F	0.01%
FCNCA	D	0.01%
RYTM	B	0.01%
LGF.A	F	0.01%
BZH	B	0.01%
BC	C	0.01%
KROS	C	0.01%
EVH	C	0.01%
H	C	0.01%
AIT	C	0.01%
AGL	F	0.01%
KYMR	C	0.01%
ASH	D	0.01%
CLH	B	0.01%
UWMC	C	0.01%
KO	B	0.01%
NTRA	B	0.01%
TRU	B	0.01%
AMG	C	0.01%
ABNB	D	0.01%
HOV	C	0.01%
CE	D	0.01%
NVAX	D	0.01%
DOV	B	0.01%
ATEC	F	0.01%
GDDY	C	0.01%
THO	D	0.01%
ASGN	D	0.01%
URI	B	0.01%
ACLX	B	0.01%
VSH	D	0.01%
RGEN	F	0.01%
ERIE	A	0.01%
JANX	C	0.01%
CNDT	C	0.01%
EEFT	D	0.01%
NXST	D	0.01%
CSGP	D	0.01%
TGTX	B	0.01%
FDX	C	0.01%
ARES	B	0.01%
ESAB	C	0.01%
BBWI	F	0.01%
AKAM	D	0.01%
IDYA	F	0.01%
TER	D	0.01%
VRSK	D	0.01%
JNPR	A	0.01%
FTNT	C	0.01%
WCC	C	0.01%
DNLI	B	0.01%
EDR	A	0.01%
MRVL	C	0.01%
EVR	B	0.01%
FHN	D	0.01%
ZION	D	0.01%
INSP	C	0.01%
ROP	C	0.01%
PANW	D	0.01%
EPAM	D	0.01%
SCI	B	0.01%
SIGI	C	0.01%
BXP	B	0.01%
WDAY	D	0.01%
PSA	B	0.01%
BCO	B	0.01%
SCLX	F	0.0%
OABI	D	0.0%
QTRX	D	0.0%
PRME	F	0.0%
ABSI	F	0.0%
ABUS	C	0.0%
CELC	F	0.0%
ALT	D	0.0%
APLT	C	0.0%
LYEL	F	0.0%
ORIC	D	0.0%
OLMA	D	0.0%
LQDA	F	0.0%
ALGM	F	0.0%
MNMD	F	0.0%
STOK	C	0.0%
SVRA	D	0.0%
OSCR	B	0.0%
COLB	B	0.0%
TW	A	0.0%
SIGA	D	0.0%
EYPT	D	0.0%
CRAI	C	0.0%
YMAB	C	0.0%
ALEC	D	0.0%
NUVB	D	0.0%
NDSN	C	0.0%
PHAT	B	0.0%
BSY	D	0.0%
SPRY	C	0.0%
IRON	D	0.0%
TTD	B	0.0%
ANAB	C	0.0%
ARCT	F	0.0%
LBPH	D	0.0%
GGG	C	0.0%
GBCI	B	0.0%
VRDN	C	0.0%
CHH	C	0.0%
MLYS	F	0.0%
ETNB	F	0.0%
CBT	B	0.0%
PLRX	F	0.0%
GOLF	F	0.0%
COGT	C	0.0%
CBZ	F	0.0%
PCTY	C	0.0%
VCYT	B	0.0%
GIC	D	0.0%
SAVA	C	0.0%
NRIX	C	0.0%
HOMB	B	0.0%
ANF	D	0.0%
TMCI	F	0.0%
ONTO	F	0.0%
PTC	D	0.0%
ITT	C	0.0%
OCUL	C	0.0%
REYN	C	0.0%
TKO	B	0.0%
DCI	D	0.0%
CNA	C	0.0%
VCTR	B	0.0%
IMNM	D	0.0%
BBSI	B	0.0%
TYRA	B	0.0%
CARR	B	0.0%
TKR	D	0.0%
APP	B	0.0%
POOL	C	0.0%
EOLS	C	0.0%
IEX	D	0.0%
SFM	B	0.0%
FRT	C	0.0%
UVE	B	0.0%
PNTG	B	0.0%
ARQT	C	0.0%
FOUR	C	0.0%
IRTC	F	0.0%
SLAB	D	0.0%
ELVN	D	0.0%

HKND Underweight 388 Positions Relative to SAA

Symbol	Grade	Weight
FN	D	-0.47%
ATI	C	-0.45%
SPSC	D	-0.41%
CRS	B	-0.4%
BMI	B	-0.35%
EPRT	A	-0.33%
VFC	C	-0.33%
AWI	B	-0.32%
BCPC	C	-0.32%
MOG.A	B	-0.32%
FSS	D	-0.31%
DY	B	-0.31%
ALK	C	-0.3%
AVAV	D	-0.3%
BOX	B	-0.28%
BOOT	B	-0.27%
PECO	B	-0.27%
MATX	C	-0.26%
AL	D	-0.26%
SLG	B	-0.26%
SM	D	-0.26%
ALKS	C	-0.26%
VRRM	D	-0.26%
GPI	B	-0.26%
ACA	C	-0.25%
MGY	C	-0.25%
ABG	F	-0.25%
MARA	F	-0.25%
FUL	D	-0.25%
CTRE	B	-0.25%
ASO	C	-0.24%
SIG	C	-0.23%
HASI	B	-0.23%
AGO	C	-0.23%
FTDR	B	-0.22%
SFBS	B	-0.22%
SHAK	C	-0.22%
IIPR	B	-0.21%
KTB	B	-0.21%
WHD	C	-0.21%
IDCC	B	-0.2%
MPW	C	-0.2%
WDFC	B	-0.2%
TDW	F	-0.2%
HIW	B	-0.2%
SKT	B	-0.2%
MAC	B	-0.2%
MGEE	B	-0.19%
NMIH	B	-0.19%
APLE	D	-0.19%
OTTR	D	-0.19%
LRN	B	-0.19%
ACLS	F	-0.19%
BXMT	C	-0.19%
GVA	B	-0.19%
FBP	C	-0.19%
AUB	C	-0.19%
RXO	D	-0.18%
RUSHA	C	-0.18%
HP	D	-0.18%
CCOI	C	-0.18%
SKYW	C	-0.18%
ESE	B	-0.18%
SHOO	B	-0.18%
CNK	B	-0.18%
EAT	B	-0.18%
NPO	C	-0.18%
NOG	D	-0.18%
AX	D	-0.18%
CRC	C	-0.18%
ENV	C	-0.18%
AROC	C	-0.17%
LBRT	D	-0.17%
LXP	B	-0.17%
AVA	B	-0.17%
CBU	C	-0.17%
PRFT	A	-0.16%
CPK	B	-0.16%
ATGE	D	-0.16%
ALRM	F	-0.16%
HUBG	C	-0.16%
DEI	B	-0.16%
FCPT	A	-0.16%
PENN	D	-0.16%
PATK	B	-0.16%
JBT	D	-0.16%
HCC	F	-0.16%
CALM	B	-0.16%
SITM	B	-0.15%
BOH	C	-0.15%
INDB	C	-0.15%
TRN	C	-0.15%
CWK	B	-0.15%
UE	B	-0.15%
BL	D	-0.15%
SLVM	B	-0.15%
SMTC	C	-0.15%
ABR	B	-0.15%
AIN	D	-0.15%
PLMR	B	-0.14%
OII	D	-0.14%
PFS	B	-0.14%
VSTO	B	-0.14%
ARCB	D	-0.14%
CWEN	B	-0.14%
AMR	F	-0.14%
FFBC	C	-0.14%
AKR	C	-0.14%
PRK	C	-0.14%
GFF	C	-0.14%
HNI	B	-0.14%
PTEN	F	-0.14%
DV	F	-0.14%
OUT	B	-0.14%
TBBK	B	-0.14%
PRGS	C	-0.14%
CEIX	D	-0.14%
GSHD	B	-0.13%
DOCN	B	-0.13%
KSS	F	-0.13%
AIR	C	-0.13%
EPAC	B	-0.13%
KLIC	D	-0.13%
PSMT	B	-0.13%
SBCF	C	-0.13%
OSIS	C	-0.13%
CARG	B	-0.13%
ARCH	F	-0.13%
HBI	B	-0.13%
BTU	D	-0.13%
PPBI	D	-0.13%
CVBF	C	-0.13%
YELP	F	-0.13%
MTX	D	-0.13%
WERN	D	-0.13%
OMCL	C	-0.12%
IBTX	B	-0.12%
VGR	C	-0.12%
SXI	C	-0.12%
RNST	D	-0.12%
ROIC	B	-0.12%
JBLU	D	-0.12%
OFG	C	-0.12%
AGYS	D	-0.12%
SHO	D	-0.12%
STRA	D	-0.12%
ROCK	D	-0.12%
JOE	C	-0.12%
CALX	D	-0.12%
IPAR	D	-0.12%
PHIN	B	-0.12%
NBTB	D	-0.12%
ENVA	C	-0.12%
EVTC	D	-0.12%
MTRN	D	-0.12%
EPC	F	-0.11%
B	D	-0.11%
HI	F	-0.11%
OI	D	-0.11%
MLKN	D	-0.11%
VIAV	D	-0.11%
TRMK	C	-0.11%
EXTR	C	-0.11%
MRCY	C	-0.11%
BANC	B	-0.11%
BANR	B	-0.11%
VSTS	D	-0.11%
KMT	B	-0.11%
LKFN	C	-0.1%
CASH	B	-0.1%
NWBI	C	-0.1%
FCF	C	-0.1%
GEO	F	-0.1%
RAMP	F	-0.1%
CHCO	B	-0.1%
FBNC	B	-0.1%
VECO	F	-0.1%
GNL	B	-0.1%
LZB	C	-0.1%
TALO	F	-0.1%
CAKE	C	-0.1%
HAYW	C	-0.1%
VSCO	C	-0.1%
KAR	D	-0.1%
DRH	C	-0.1%
THRM	D	-0.09%
STAA	F	-0.09%
ANDE	D	-0.09%
JBGS	B	-0.09%
NWN	B	-0.09%
BANF	B	-0.09%
KN	D	-0.09%
NBHC	C	-0.09%
FOXF	F	-0.09%
PEB	D	-0.09%
POWL	C	-0.09%
SCL	D	-0.09%
GTY	B	-0.09%
STBA	B	-0.09%
MYRG	F	-0.09%
FBK	B	-0.09%
LEG	D	-0.09%
HLIT	C	-0.09%
PZZA	D	-0.09%
GO	F	-0.09%
LTC	B	-0.09%
MGPI	C	-0.08%
CSGS	C	-0.08%
WABC	D	-0.08%
VBTX	B	-0.08%
VRTS	D	-0.08%
AMWD	C	-0.08%
HLX	D	-0.08%
WOR	F	-0.08%
CUBI	F	-0.08%
XHR	C	-0.08%
BLMN	F	-0.08%
NTCT	D	-0.08%
DEA	B	-0.08%
APOG	B	-0.08%
CHEF	C	-0.08%
CXW	F	-0.08%
PRDO	D	-0.08%
ALEX	B	-0.08%
GBX	C	-0.08%
HOPE	B	-0.08%
COHU	F	-0.07%
EFC	B	-0.07%
ARLO	F	-0.07%
SDGR	F	-0.07%
CERT	F	-0.07%
SABR	D	-0.07%
LPG	F	-0.07%
RC	D	-0.07%
EIG	B	-0.07%
GIII	C	-0.07%
DAN	F	-0.07%
PMT	B	-0.07%
OXM	D	-0.07%
BKE	B	-0.07%
ARI	F	-0.07%
NAVI	C	-0.07%
UVV	D	-0.07%
UNIT	C	-0.07%
KW	C	-0.07%
DNOW	D	-0.07%
SPNT	C	-0.07%
AAT	B	-0.07%
DGII	D	-0.06%
UTL	B	-0.06%
PFBC	C	-0.06%
MATV	B	-0.06%
MCRI	B	-0.06%
PARR	F	-0.06%
MRTN	D	-0.06%
WS	C	-0.06%
SGH	F	-0.06%
QNST	B	-0.06%
CAL	F	-0.06%
SNDR	B	-0.06%
FIZZ	D	-0.06%
RWT	B	-0.06%
PBI	C	-0.06%
NXRT	B	-0.06%
SEDG	F	-0.06%
TGI	D	-0.06%
CARS	D	-0.06%
MXL	F	-0.06%
TILE	B	-0.06%
FWRD	C	-0.06%
ECPG	C	-0.06%
WWW	B	-0.06%
CSR	B	-0.06%
BHLB	C	-0.06%
KALU	F	-0.06%
KOP	F	-0.05%
SSTK	F	-0.05%
HCSG	C	-0.05%
CLB	D	-0.05%
GPRE	F	-0.05%
AHH	B	-0.05%
PRAA	D	-0.05%
SAH	D	-0.05%
AOSL	D	-0.05%
EYE	F	-0.05%
CBRL	D	-0.05%
VTOL	D	-0.05%
VICR	F	-0.05%
JACK	F	-0.05%
DLX	D	-0.05%
WNC	F	-0.05%
NABL	D	-0.05%
DCOM	B	-0.05%
BRKL	C	-0.05%
PDFS	D	-0.05%
BDN	B	-0.05%
XPEL	D	-0.05%
ODP	F	-0.05%
AMSF	C	-0.05%
CXM	F	-0.05%
ATEN	C	-0.05%
CWEN	B	-0.05%
ICHR	F	-0.05%
CRK	D	-0.05%
SBSI	B	-0.05%
SMP	C	-0.04%
ALGT	F	-0.04%
HPP	D	-0.04%
TRST	C	-0.04%
CVI	F	-0.04%
TTGT	F	-0.04%
MLAB	C	-0.04%
WSR	D	-0.04%
EGBN	C	-0.04%
DXPE	C	-0.04%
SWI	B	-0.04%
CHUY	B	-0.04%
SXC	F	-0.04%
AXL	F	-0.04%
REX	D	-0.04%
PRA	C	-0.04%
ETH	D	-0.04%
HSTM	C	-0.04%
CENX	D	-0.04%
VVI	C	-0.04%
ASTE	F	-0.04%
BJRI	D	-0.04%
GDEN	D	-0.04%
INN	C	-0.04%
TMP	C	-0.04%
SCVL	B	-0.04%
BSIG	B	-0.04%
CFFN	C	-0.04%
KREF	B	-0.04%
RGR	F	-0.04%
CPF	B	-0.04%
MATW	F	-0.04%
HCI	C	-0.04%
MNRO	D	-0.04%
HFWA	C	-0.04%
SHEN	F	-0.04%
HAYN	D	-0.04%
SVC	F	-0.04%
NVRI	D	-0.04%
PAHC	B	-0.03%
DIN	F	-0.03%
GOGO	F	-0.03%
VREX	F	-0.03%
CLW	F	-0.03%
RES	D	-0.03%
AMBC	F	-0.03%
LQDT	B	-0.03%
MYE	D	-0.03%
GES	F	-0.03%
GDOT	C	-0.03%
SLP	F	-0.03%
BFS	C	-0.03%
CVGW	C	-0.03%
HTLD	D	-0.03%
LESL	F	-0.03%
HAFC	C	-0.03%
THRY	D	-0.03%
CEVA	C	-0.03%
MTUS	F	-0.03%
EZPW	D	-0.03%
TR	C	-0.03%
UHT	B	-0.03%
MCW	F	-0.03%
NBR	F	-0.03%
PUMP	F	-0.03%
IIIN	D	-0.03%
MERC	F	-0.02%
CMP	D	-0.02%
MOV	F	-0.02%
DDD	F	-0.02%
HVT	D	-0.02%
CNSL	A	-0.02%
CENT	D	-0.02%
HTZ	D	-0.02%
WRLD	D	-0.02%
NUS	F	-0.02%
NPK	C	-0.02%
CHCT	F	-0.02%
USNA	F	-0.02%
SNCY	D	-0.02%
RILY	F	-0.01%
DBI	F	-0.01%
AMCX	F	-0.01%